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BBCNEWS Asia July 5, 2024



authorities struggle to boost investor confidence which has been hit by an economic slowdown and a deepening crisis in the property sector. earlier i spoke to investment bank saxo and she told me investors want to see beijing implement long term structural reforms. it is not something that can offer that long term comfort to chinese investors or those who are actually looking for the stocks to get dirt cheap and make an entry into that market. these are measures that we have obviously seen in the past as well in the last few weeks, and all they really do is to try to put a float but it is not something that investors are excited about, the chinese market. i think investors are really waking waiting for some kind of structural reform there is just a whole message that has been coming out of the bureau meeting and the lack of details on when we are really going to see that third plan meeting which actually focuses on the structural side of the economy. those are really ....

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BBCNEWS Asia Business Report July 6, 2024



microsoft both unveiling quarterly report cards beating expectations. shares alphabet jumped after hours as the company announced that its scored a seven quarterly revenue rose to $69 billion. it s stock in microsoft got a britain extended trading with quarterly revenue mainly driven by growth in its clad competing businesses. dan ives is senior equity analyst at wentworth securities and says these are welcome news for the tech sector. ,, ., welcome news for the tech sector. , , ., ., ~ sector. some sunshine in a dark environment. sector. some sunshine in a dark environment. this sector. some sunshine in a dark environment. this reflects - sector. some sunshine in a dark environment. this reflects the l environment. this reflects the muscles moment for big tech in terms of what we saw from alphabet and microsoft, both on cloud and digital advertising. markets will be focused on this tomorrow. markets will be focused on this tomorrow tomorrow. the hottest thing a ....

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BBCNEWS BBC News July 6, 2024



the former mp, jared 0 mara, is sentenced to four years in prison after being convicted for fraudulent expenses claims. and we ll hear more about a study of killer whales reveals that mothers make a lifelong sacrifice for their sons. the offical death toll from monday s earthquake in turkey and syria is now over 17,500. 0ur chief international correspondent, lyse doucet. yes, you join is here, about two hours drive from the epicentre of this devastating earthquake, a place where the loss has been so significant that it is where the president has chosen to visit today, and where he hasjust president has chosen to visit today, and where he has just announced that new figure. i am hearing prayers being recited as we broadcast from here. one of the prayer leadersjust told us that 100 leaders have come from five cities across turkey to help bury the dead. in that main cemeteryjust behind us, 400 were buried yesterday. here, just behind, the refrigerated vans where the bodies ....

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BBCNEWS Asia Business Report July 6, 2024



forecast that second quarter revenue would be above market expectations. this confirms the view that digital advertisers are betting on well established platforms such as facebook and instagram in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost cutting campaign that has so far resulted in 150,000 lay offs across the sector. earlier i spoke to the founder of the tech advisory firm constellation research and it told me that meta has managed told me that meta has managed to keep eyeballs on its platforms and advertisers know that. , , ., ., that. they showed the digital at winter is that. they showed the digital at winter is falling that. they showed the digital at winter is falling and - that. they showed the digital at winter is falling and that l at winter is falling and that is important piece. what you mentioned earlier was important, advertisers are flocking to the big platforms. if you don t hav ....

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BBCNEWS Outside Source July 6, 2024



and can american lawmakers end the chaos on capitol hill? kevin mccarthy bids yet again to take one of washington s top jobs. we start with prince harry s much anticipated autobiography , in it he claims his brother, prince william physically attacked him in 2019. he grabbed me by the collar, ripping my necklace, and he knocked me to the floor, harry is quoted as saying. this is being reported in the guardian newspaper, which says it has seen a copy of the duke of sussex s memoir, titled, spare. the newspaper reports that the book sets out an argument between the two brothers over prince harry s wife meghan. kensington palace and buckingham palace, which represent prince william and king charles respectively, have both said they will not comment. and what sparked the row between the two brothers? according to the guardian, it was comments prince william made to prince harry at his london home in 2019, as nicholas witchell recounts. the brothers had an angry confro ....

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