provide hints of whether the bank of japan provide hints of whether the bank ofjapan will continue to remain an outlier and keep interest rates ultra low. earlier, spoke to fidelity international s catherine yeung, who told me china is facing a confidence problem. just this lack of confidence both within the consumption sector as well as the corporate sector. so if fact last friday we had july s m2 money supply and aggregate financial data released and it was marginally weaker than expected. so tomorrow, in fact, we have this element of operations all the expectations are for no cuts in the benchmark, generally speaking, we could see a slight increase in probability of a ten basis point rate cut. so again policy isn t going to outright change, it is going to be this continuing tweaking to be this continuing tweaking to be accommodated. be this continuing tweaking to be accommodated. tomorrow we will aet be accommodated. tomorrow we will get some be accommodated. tomorrow w
reporter on the ground in maui, helena humphrey. helena, you ve been following the developments for us there, bring us up to date with the latest. i m here on the road to lahaina. this is as close as we can get to the community full up can get to the community full up and what i want to show you right now is the scene here. if we just move over here i want to give you a picture of these dry conditions here on the island of maui. you can see the dry grass, the drought here, which has been a persistent problem for many months. you can also see the high winds. in these high winds really have been an issue in fanning those flames and they are leading to more concerns, ever present concerns from authorities about the prospect for flareups in these places. i m going to move out of the way so you can look over my shoulder here. what you can see is this is the last police check point here on the road to lahaina here, everyone on the road he is stopped and asked questions about why th
Largest battery network to reduce the cost of going electric. hello and welcome to asia report. i m monica miller. we begin in china, where over the weekend the government issued a new plan to secure foreign investment, the guidelines signal a willingness to protect the interests of local investors by offering tax and these are incentives. it comes at a time when beijing is struggling to attract foreign capital and its economic recovery is slowing down. last week, we learned china was seeing prices drop for the first time in more than two years. on tuesday we will get chinese industrial production and retail sales data forjuly. both will help fill in some of the gaps and how the country s export sector is faring and whether consumers are still spending. 0n the same day, another major asian economy, japan, releases gdp data for the second quarter. it could
The cost of going reduce the cost of going electric. hello and welcome to asia report. i m monica miller. we begin in china, where over the weekend the government issued a new plan to secure foreign investment, the guidelines signal a willingness to protect the interests of local investors by offering tax and these are incentives. it comes at a time when beijing is struggling to attract foreign capital and its economic recovery is slowing down. last week, we learned china was seeing prices drop for the first time in more than two years. on tuesday we will get chinese industrial production and retail sales data forjuly. both will help fill in some of the gaps and how the country s export sector is faring and whether consumers are still spending. on the same day, another major asian economy, japan, releases gdp data for the second quarter. it could