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Transcripts For BLOOMBERG Bloomberg 20240704

Budget deficit of 3 of gdp which some say is uninspiring. The csi 300 index reversing earlier losses, now boosted after li qiang talked about plans for urbanization and regional development. Traders say while they are not many bright spots, what is important is that there are no scares. The benchmark is really low. Csi eking out gains so far, no abnormal etf trades, so perhaps the National Team is not in play. Hang seng index currently down 2. 5 , were keeping an eye on the nikkei 22, now below the 40,000 level. Our focus is on china premier li qiang presenting his work report to kickoff the npc with a growth target of 5 for the year. Lets listen. In setting these targets, we considered evolving dynamic at home and abroad, and other relevant factors. And it is not easy for us to realize these targets. We need policy support. And a joint effort from all. Haslinda chinese assets showing stability, csi 300 zero point 4 higher, the hang seng under pressure, the yuan 7. 2096, stable but sup

Transcripts For BBCNEWS The 20240704

Automatically qualify, while the third and fourth placed nations will go into the play . Offs. The 12 best ranked teams in league b will face eachother for a place in the final play off round. Scotland are in a group with serbia, slovakia and israel; Northern Ireland were drawn with portugal, Bosnia And Herzegovina and malta; while wales will play croatia, ukrane and kosovo. Qualifying begins in april. Former world number one simona halep has had herfour year ban for doping reduced to nine months by the court of arbitration for sport. The two time grand slam winner tested positive for an anti anaemia drug after the us open in 2022. Cas have since ruled halep did not take it intentionally. Having feared her career was over,s the 32 old can now return to tennis immediately. And thats all the sport for now. Heres the eastern time and gmt time, east coast west coast. Weve got a Night Of Special Coverage Tonight on the bbc, Super Tuesday will be coming from washington, dc, looked across to

Transcripts For BBCNEWS World 20240704

Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline in the north sea no matter what the Government Policy is it simply because there is not as much gas and oil as 50 years ago when we started extracting. What is left in the north sea is mostly oil. This is mostly exported, so there is little benefit to our bills from more extraction and in a cost of living crisis bills are a strong priority for the public. It is a strange decision to approve more when it wont help with our bills because they cant move the dial on internationally set prices and it

Transcripts For BLOOMBERG Bloomberg 20240703

Haidi a very good morning and welcome to daybreak australia. I am haidi stroudwatts in sydney. We are counting down to asias major market opens. Vonnie good evening from bloombergs World Headquarters in new york, i am vonnie quinn. The top stories haidi thishour period President Biden says chinas economic downturn may reduce the risk of ai one as indias g20 submits its status as a rising power that can blunt beijings influence. Vonnie plus, alibabas former chief leaving the company just months after taking charge of its cloud division. Haidi we do have breaking news when it comes to this highly anticipated arm initial Public Offering, arm reportedly pricing its ipo width and a tradition of the top or above of the 150 dollars a share range, according to reuters. There are also discussing raising the initial Public Offering range. This is the chip designer owned by softbank group. It is closer to securing enough investor support to attain the valuation of 54 point 5 billion that it was s

Transcripts For BLOOMBERG Bloomberg 20240703

Haidi a very good morning and welcome to daybreak australia. I am haidi stroudwatts in sydney. We are counting down to asias major market opens. Vonnie good evening from bloombergs World Headquarters in new york, i am vonnie quinn. The top stories haidi thishour period President Biden says chinas economic downturn may reduce the risk of ai one as indias g20 submits its status as a rising power that can blunt beijings influence. Vonnie plus, alibabas former chief leaving the company just months after taking charge of its cloud division. Haidi we do have breaking news when it comes to this highly anticipated arm initial Public Offering, arm reportedly pricing its ipo width and a tradition of the top or above of the 150 dollars a share range, according to reuters. There are also discussing raising the initial Public Offering range. This is the chip designer owned by softbank group. It is closer to securing enough investor support to attain the valuation of 54 point 5 billion that it was s

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