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Transcripts For BBCNEWS Asia 20240705

department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let s show you how japan s all the main indices. let s show you howjapan s nikkei has started, down by almost i%, profit taking also happening as well. in other news, sporting goods giant nikkei has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have been revenue estimates for seven street orders, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. going to china were on about how authorities are expected to releas

Global managers increase their local commitments in China

Transcripts for BBCNEWS Asia Business Report 20240604 00:33:00

rebound in manufacturing that we would have thought would come back with more exuberance in that post zero covid world. indeed, we ve been seeing with economic data but we heard from the premier at the start of the world economic forum saying he expects the economy to do better in the second quarter than the first quarter. he did not exactly explain why. than the first quarter. he did not exactly explain why. do than the first quarter. he did not exactly explain why. do you a . ree not exactly explain why. do you agree our not exactly explain why. do you agree our expectation - not exactly explain why. do you agree our expectation is - not exactly explain why. do you agree our expectation is the - agree our expectation is the chinese domestic economic recovery will pick up over the course of the remainder of the year and into 202a. what is driving that is expectations of ongoing targeted stimulus being released at a local level stop we ve seen local monetary stimulus being released, e

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