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Transcripts For BBCNEWS Business Today 20241008

Major markets in china. What you make of the figures? a good da for you make of the figures? a good day for china you make of the figures? a good day for china investors you make of the figures? a good day for china investors today. I day for china investors today. Not a surprise given the number of factors impacting the china market today. The largest being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost the china s economy, including a cut in rates as well as extra liquidity to boost bank lending and about $350 billion to support china s stock market as well. We know there is another announcement by the ending rc in about 30 minutes time and ahead of that announcement, we are seeing expectations rent further economic policies ndrc. In singapore, we are seeing the iron ore price up by 2. 9% and in australia where senior tree market, which is heavily reliant on commodities, go from a very weak open to l ....

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