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BBCNEWS Asia July 5, 2024

to confirm prices are cooling. but with inflation still stubbornly high, policy makers here as in many other developed countries are not done raising interest rates. let s show you how investors reacted to that latest data which should other than expected data out of the united states. there are hopes and out of the country might avert a recession. you can see all of the main industries during better and banking share is also led wall street to close higher. banking shares also led wall street to close higher on thursday that s after recent health check showed the largest us banks have enough capital to weather a severe economic slump. in other news this morning sporting goods giant nike has reported its latest earnings for the fourth quarter. revenue came in at $12.8 billion dollars slightly higher than expected. this means nike has beaten revenue estimates for seven straight quarters. salesjumped in both its largest market north america and in china, following the eas ....

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BBCNEWS Asia July 5, 2024

department is likely to confirm prices are calling. but with inflation still stubbornly high, policy makers here as in many other developed economies aren t done raising interest rates. michelle fleury reporting. let s quickly show you how markets reacted. investors hope there may be a chance the us economy could avoid falling into a recession so we saw a bit of a rally in all the main indices. let s show you how japan s all the main indices. let s show you howjapan s nikkei has started, down by almost i%, profit taking also happening as well. in other news, sporting goods giant nikkei has reported its latest earnings for the fourth quarter and revenue coming in at $12.8 billion. that s slightly higher than expected and it also means they have been revenue estimates for seven street orders, with sales jumping in both its modest market, north america, and in china following the easing of covid 19 restrictions. going to china were on about how authorities are expected to ....

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BBCNEWS Verified July 6, 2024

including the uk, don t know where they ll be able to watch the matches. the british government, along with those in france, germany, italy and spain, have released a statement urging fifa and broadcasters to settle the matter, for the good of the women s game. jose mourinho has taken another swipe at his old club tottenham, ahead of the europa league final later. his side roma take on sevilla and mourinho was eager to point out he s won all five european finals he s been involved in. he says he just needs to be given the time to succeed. in roma, they didn t sack me before the final, in tottenham they sack me before the final at wembley. roma gave me the chance to win the final, and at tottenham i had no chance. england captain ben stokes says the only way he won t take a full part in the ashes this summer is if he can t walk . he s had problems with a persistent knee injury, and only played two games for chennai super kings in the indian premier league because of i ....

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MSNBCW Alex July 6, 2024

you, from nbc news here in miami, welcome everyone to alex reid reports. we begin with breaking news, this just in an update from capitol hill, where negotiators from the white house and house republicans are working through the holiday weekend, inching closer to an agreement to raise the debt ceiling. it comes as after a news of some new breathing room, as the treasury secretary now says the deadline for default is june 5th. moments ago, house speaker kevin mccarthy, giving an update. but. i feel closer to an agreement now than i did before, because i see progress. so this is not easy initiating for me. that does not matter. at one pmi, i will talk with democratic congressman jasmine crockett about the negotiations, as well as renewed calls for police reform after an 11 year old boy is shot by an officer. more breaking news for you, in two hours, the texas house begins debating whether to impeach the states republican attorney general, ken paxton after a republican ....

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BBCNEWS BBC July 6, 2024

welcome. let me start with the situation welcome. let me start with the situation as we see it on the outlook situation as we see it on the outlook for the economy. the outlook for growth outlook for the economy. the outlook for growth and unemployment has improved~ for growth and unemployment has improved. six months ago we expected a shallow improved. six months ago we expected a shallow but long recession. since then energy prices have fallen substantially and economic activity is holding substantially and economic activity is holding up better than expected. so today is holding up better than expected. so today we forecast modest but not positive so today we forecast modest but not positive growth and a much smaller increase positive growth and a much smaller increase in positive growth and a much smaller increase in unemployment. we think inﬂation increase in unemployment. we think inflation will fall quite sharply over inflation will fall quit ....

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