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shares in evergrande, the world s most indebted property firm with liabilities of $328 billion, fell a further 13% on tuesday. the day before more than $2 billion was wiped off evergrande s market value when it resumed trading for the first time in almost 18 months. now, another property developer, country garden, is causing concern. let s get more on this with our asia business reporter monica miller. tell us more about country garden? it tell us more about country garden? , tell us more about country garden? tell us more about country garden? , ., , garden? it is china s largest ro -e garden? it is china s largest property developer - garden? it is china s largest property developer by - garden? it is china s largest property developer by sales| property developer by sales volumes until this year, like so many chinese real estate businesses it has been hurt by weak property sales. you have to take into consideration the value of homes has plunged as the world s second larg ....
the shore of the coast guard helicopters and the like . is this an appropriate s response from the electric companies? i think both. it s very expensive to secure these power lines. both in terms of the actual structure. we look out there and see these large towers carrying multiple wires, and the wires are that thick. and they are carrying an awful lot of energy. and sometimes those entire towers come down. i am not expert enough to know when it s appropriate to shut down that line, and that s one of the reasons why i think having the technology to have these meters on each of these facilities tellhouse where the danger is. so i can can picture i m beyond my expertise here. we also know how many americans have died, how many number of americans have for example, more forest has been burned to the ground since i have been doing this than the entire square miles of the stit of maryland. imagine the entire state of maryland burning to the ground. so i think as w ....
is it too early for tequila? what time is it where you are? artificial intelligence has hit the tipping point . that was the message in the last few hours from jensen huang the boss of nvidia, which dominates the market for al chips. it came as his company revealed earnings and forecasts that were even better than expected. profits of the last three months of 2023 were up 769% on the previous year. the boom in artificial intelligence has been causing a frenzy on wall street as investors try to cash in on a revolution that could transform the way we live and work. nvidia has been among the biggest winners so far its soaring share price has made it one of world s most hightly valued companies. wednesday s results were seen as a key test of how the ai boom is translating into profits. and as erin delmore in new york explains nvidia has delivered. nvidia is the leading chipmaker in the us and the third largest company on wall street. so expectations for the company ....
we look at the implications for financial markets. days away, we focus on the financial battle i am monica miller. we begin in china, where markets closed lower, biggest economy for the second quarter. a cause for concern. another worry for market watchers, the direction of us interest rates and the fed meeting that takes place next week comes amid an earning season showing strong results for corporate america. earlier, i spoke to portfolio managerjun bei liu, who told us that she is expecting china s government to step up support for the economy. to be quite frank, over the next six months, we should see increased stimulus out of the chinese government, because china have set a growth target and they will try very hard to get there. clearly the last quarter result was very disappointing and it caused a minor shrink in what was achieved stepped up in the last month or so its support for the cyclical sector such as housing. month of thejune quarter and we do hope that ge ....
good morning, everyone. glad you re with us. i m poppy harlow with phil mattingly in new york. we begin with breaking news overnight, house republicans inching closer to doing something that has not been done in nearly 150 years, impeaching a cabinet member. house committee overnight passed the impeachment resolution against alejandro mayorkas. live on capitol hill with where this goes next. speaker mike johnson says the senate s bipartisan immigration deal is absolutely dead. and today, we could find out exactly how much of donald trump s donor s money went towards donald trump s legal expenses. sources say it s in the tens of millions of dollars. cnn this morning starts right now. we begin with the breaking news overnight, for the first time in 148 years, house republicans are barrelling towards the impeachment of a cabinet secretary. this is what s going to happen, the house of representatives is going to impeach secretary mayorkas and there is absolu ....