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BBCNEWS Asia July 4, 2024

Putting them on a path to higher paying jobs. In fact, on this trip alone, these companies are announcing over 1 billion of us investments, including creating Educational Opportunities to over 30 million filipinos. President joe biden has proposed a 7. 3 trillion budget on monday, calling for new social programmes and higher taxes on corporations and the wealthy. The plan offers a stark contrast with Donald Trumps Economic Vision ahead of novembers us president ial election. The bbc s north America Business correspondent Michelle Fleury in new york has more. President biden outlined his Election Year budget pitch including tax breaks for famil ....

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CNNW The July 5, 2024



[dramatic music] the martha stewart story is very much about having no limits. in a male-dominated business world, she became a self-made corporate titan no, you cannot say this. by being the most intimidating homemaker on earth. martha stewart became an icon of design, icon of cooking. but there were always people who wanted to be against martha stewart. we re looking for imperfections. we re looking for cracks. we re looking for the fall. we re here to announce criminal charges against martha stewart. [chatter] this year s ipo activity so far is about $9 billion. i think it s a mania going on right now. the 1999 initial public offering market blasted off with internet frenzy. some of these valuations are in another galaxy. i ve never really seen anything like this. so at this time in 1999, this was the dot-com boom. this was the heyday of initial public offerings, ipos, on wall street, right? so there was money flowing into these companies, and martha stewart was a ....

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CNNW The July 5, 2024



corporate titan no, you cannot say this. by being the most intimidating homemaker on earth. martha stewart became an icon of design, icon of cooking. but there were always people who wanted to be against martha stewart. we re looking for imperfections. we re looking for cracks. we re looking for the fall. we re here to announce criminal charges against martha stewart. [chatter] this year s ipo activity so far is about $9 billion. i think it s a mania going on right now. the 1999 initial public offering market blasted off with internet frenzy. some of these valuations are in another galaxy. i ve never really seen anything like this. so at this time in 1999, this was the dot-com boom. this was the heyday of initial public offerings, ipos, on wall street, right? so there was money flowing into these companies, and martha stewart was a household name with a storyline that wall street could understand and get behind. she s in the middle of an ever-expanding martha universe ....

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BBCNEWS World July 5, 2024



the price of oil on international markets is not high enough for them. oil and energy leaders are gathering again today in vienna for the latest opec summit. the biggest and most powerful player saudi arabia started this week with the news it s extending its voluntary output cut of1 million barrels per day to august. russia is making a similar move. but these cuts are failing to boost energy prices. why? jonathan robinsonjoins me now to explain he is global power & energy research director at frost and sullivan. just talk us through our oil is at the moment. just talk us through our oil is at the moment. oil, despite the cuts in production, at the moment. oil, despite the cuts in production, oil at the moment. oil, despite the cuts in production, oil prices- cuts in production, oil prices have stayed relatively low in what we have seen historically in the past year, 1.5 years. there are a few specific reasons for that. chinese demand, industrial out would, incre ....

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BBCNEWS Asia July 5, 2024



in the manufacturing of semiconductors. the move by the chinese ministry of commerce targets the metals gallium and germanium which china is a major producer of. from next month exports of these metals will require a license. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is heading to beijing and hers is the second trip i a cabinet official to china since ties between the worlds to top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was exposing imposing export controls on two rare metals essential for making semiconductor essentialfor making semiconductor is. this is seen as a tit for tat response after the us, the netherlands and japan recently wrist directed chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two medals in question w ....

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