is continuing to fall, raising alarm about the state of the world s number two economy. china s consumer price index forjanuary was 0.8% lower than a year ago, a biggerfall than expected. the pace of deflation is accelerating too, december prices were down 0.3% on the previous year. chinese consumers are struggling with high youth unemployment and the fallout from a real estate crash, hitting demand for goods and pushing down prices. each country needs to look harder into producing the energy they need closer to home, and that s really what we are working on to make sure that we are able to supply europe and the uk with gas and oil these days, and for decades to come. find days, and for decades to come. and et, if days, and for decades to come. and yet. if you re days, and for decades to come. and yet, if you re looking at the international energy agency, they say any new oil and gas fields are inconsistent with the target of 1.5 degrees temperature rise. is he wrong? th
those the 2024 presidential ballot. counting has begun ir after those counting has begun in pakistan after a campaign marred by violence. president zelensky fires the chief of the army. a new study suggests erectile dysfunction drugs could also reduce the risk of alzheimer s disease. let s round up the business news of the day. we start with the entertainment giant disney whose share values have climbed by nearly 10% today after better than expected earnings were posted after the bell on wednesday. disney followed up with hand outs for investors in the form of share buy backs and bigger dividends. along with a number of major deals and upcoming events that clearly has markets excited. erin delmore is in new york for us. first of all, those investors will be pretty happy today, won t they? they well and they will be even happier if they check the stock price is right now. what is this news based on? a great earnings report yesterday from disney and from good news for inves
quite good value for money and people think i am insane for saying that but what other eventin saying that but what other event in the world have you got where everybody is watching the same thing at the same time and everybody is talking about the adverts? good to have you with us. let s talk business with me, sally bundock. we start with walt disney because the century old entertainment giant is battling to turn itself around in a fast changing world. disney s shares have lost over half their value since 2021, wiping out around $200 billion, on concerns it s not adapting fast enough to our changing media habits. some shareholders are pushing for disney to be broken up. on wednesday, disney came out swinging, with better than expected numbers and handouts to investors in the form of share buybacks and bigger dividends. it has also announced a big move into the gaming world, buying part of fortnight publisher epic. erin delmore has more. disney says it s on pace to bring in m
crash hitting demand for goods and pushing down prices. joining me now is mark williams chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let s start with. the weeks ahead is yellow let s start with. the weeks ahead of is yellow let s start with. tue: weeks ahead of chinese is yellow let s start with. tte: weeks ahead of chinese new is yellow let s start with. he weeks ahead of chinese new year, is yellow let s start with. me: weeks ahead of chinese new year, we often see quite big changes in prices in china. that s probably tucked down the date forjanuary a little bit but the big picture is that china has been in deflation for a while. that is pointing to widespread weakness in the economy. there is a lack of confidence there and it is notjust consumer prices that have been falling, we have also b
less than 2a hours before the polls opened, 28 people were killed in balochistan, with the islamic state group saying it carried out two bombings. on election day, five security personnel were killed in an attack while patrolling in the north west of the country. security was therefore tight and while some polling stations were largely empty, because of security threats and cold weather, in other areas of the country people turned out in large numbers, leading to queues at polling stations as people headed in to vote. polls opened at eight in the morning local time, and closed about two hours ago. the vote took place without the former prime minister imran khan. he has been imprisoned on charges including corruption and was prevented from contesting. and in a widely criticised move, the authorities unexpectedly cut mobile phone and mobile internet services because of what they call deterioriating security . more now from south asian correspondent samira hussain. this is a re