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Transcripts For BBCNEWS Asia 20240705

more than 3/10 of a percent. this is what they call a bull run. the market s been on the upswing since october 2022, and it s thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hoverin

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Transcripts For BBCNEWS Asia 20240705

among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hovering at their lowest points in as many years. this comes despite somewhat upbeat signals at the end of last year. for more on what we can expect from china,

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Transcripts For BBCNEWS Newsday 20240707

enjoy hearing, their whole way of life. australian authorities warn people about rising flood waters after days of rain in new south wales. and we catch up with the crowds who turned up at london s trafalgar square to celebrate the festival of lights. welcome to the programme. president vladamir putin has said there can be no doubt that saturday s explosion that damaged the only bridge to the occupied crimean peninsula was conceived and carried out by ukraine s intelligence services. he called it an act of terror. meanwhile, rescue teams in the ukrainian city of zaporizhzhia have been searching for survivors in the ruins of residential buildings that were destroyed by russian missile strikes overnight. paul adams reports from kyiv. in zaporizhzhia, this is what escalation looks like. a gaping hole, where once there were homes. rescue workers searching for the dead and the living. moments after the blast, in the middle of the night, stunned, furious reactions. they destro

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Transcripts For BBCNEWS Newsday 20240707

life. australian authorities warn peeple life. australian authorities warn people without - life. australian authoritiesi warn people without rising floodwaters after days of rain in new south wales. and we catch up with the crowd who turned up at london s trafalgar square to the if»; % ez z fléz $5; ’ of president vladimir putin said saturday can be no doubt to the occupied crimean peninsula was conceived and carried out by ukraine s intelligence services. he called it an act of terror. meanwhile rescue teams in the ukrainian city of zephyr region has been searching person fibres in the ruins of residential buildings that were destroyed by russian missile strikes overnight. paul adams read reports from the ukrainian capital kyiv. this is what escalation looks like. a gaping hole where once there were homes. rescue workers searching for the dead and the living. moments after the blast in the middle of the night stunned, furious reactions. they destroyed a buildin

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Transcripts For BBCNEWS Newsday 20240707

protests are continuing in towns and cities in i in defiance of violent oppression by the security forces. of violent oppression by the security forces. facing mounting threats from china, taiwan prepares to celebrate its democratic political system with a promise to bolster its defences. it s six in the morning in singapore, and one am in moscow where president vladamir putin has said there can be no doubt that saturday s explosion that damaged the only bridge to the occupied crimean peninsula was conceived and carried out by ukraine s intelligence services. he called it an act of terror. meanwhile, rescue teams in the ukrainian city of zaporizhzhia have been searching for survivors in the ruins of residential buildings that were destroyed by russian missile strikes overnight. officials now say thirteen people were killed, and ninety wounded. paul adams reports from the ukrainian capital, kyiv. in zaporizhzhia, this is what escalation looks like. a gaping hole, where once

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