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Transcripts For BBCNEWS Asia Business Report 20171212

More to come. First we catch up with the business news. The Us Central Bank starts its last meeting for the year with economists widely expecting a rate rise. And what has gone wrong. We find out why are the wheels have come off like sharing services in australia. Good morning, eight, hello, world. It is a tuesday. Glad you could join us for Asia Business report. I am rico hizon. We start with Us Central Bank and the Federal Reserve starts its first policy last policy meeting for year. Economists have been anticipating a rate hike for months now. Let us put this into context. Nine years ago, 2008, the cost of borrowing was cut to effectively zero in response to the Global Financial turmoil. It remained ther ....

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