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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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Transcripts For BBCNEWS Business Today 20241008

Pacific. According to these findings, the region is expected to see a slowdown in growth next year, partly due to a lack of post pandemic recovery from china, the well s second largest economy. A look at the report, joined by chief economist at your expecting a stage in pacific growth to slow due to the chinese slowdown. What steps can countries in this region take an urge to mitigate some impacts? take an urge to mitigate some imacts?. , , impacts? you re absolutely riuht. Impacts? you re absolutely right jen impacts? you re absolutely right. Jen has impacts? you re absolutely right. Jen has been impacts? you re absolutely right. Jen has been a impacts? you re absolutely i right. Jen has been a powerful right. Jen has been a powerful engine for growth in the world and slower growth means lower growth in the region. china. It needs to do more on its own to grow and that needs reform. First of all, of the service sectors sound breaks up. . . Not notjust for not just for service ....

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Transcripts For BBCNEWS Business Today 20241008

For chinese shares. A good day for china investors today. Not a huge surprise given a number of factors impacting on the china markets today, the largest of course being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost china s economy, including a cut in rates as well as extra liquidity to boost the bank lending and about $350 billion to support china s stock market as well. The recent stimulus measures, have are chemical in generating and changing what are often some structural problems that come about in the chinese economy? come about in the chinese economy? come about in the chinese econom ?. ,. , economy? there have been a view. Is economy? there have been a view is when economy? there have been a view. Is when it economy? there have been a view. Is when it comes economy? there have been a view. Is when it comes to view. Is when it comes to turning around china s fortunate this part of the cycle, but i ....

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Transcripts For BBCNEWS BBC News 20240711

Edelweiss. Canadian actor Christopher Plummer, best known for his role as captain von trapp in The Sound Of Music, has died at the age of 91. President biden has said the latest monthlyjobs report, shows the us economy is still in trouble, as it remains in the teeth of the pandemic. He said a 1. 9 dollar trillion Stimulus Package would help the vaccination effort, and alleviate americans suffering. Speaking with the treasury secretary, janet yellen, and Vice President Kamala Harris by his side, mr biden appealed to Congressional Republicans to act urgently to turn his Coronavirus ....

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Transcripts For BBCNEWS World Business Report 20240708

Hello, im sally bundock. It all sounds a bit fishy, we will get to that a little later stop. Lets get down to business, and we begin with the rising price of oil which is pushing up the cost of living globally. With tensions on the Ukraine Russia border not easing, markets are betting demand for oil could go up, and, recently, we saw the price of the black stuff hitting its highest level for 7 years, and this impacts everything from fuel to food bills. Today, the members of the Oil Cartel Opec and other oil producers, will meet. So will they change their Decision Making on Oil Production . And what pressure are they under as well. As you can see from this graph, though, oil has been on a steep upward trajectory over the past year with some analysts now predicting ....

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