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Transcripts For BBCNEWS Asia 20240704

Reacted with anger. I strongly disagree with fitchs reacted with anger. I strongly disagree with fitchs decision | disagree with fitchs decision and i disagree with fitchs decision and i believe it is entirely unwarranted. Its flawed assessment is based on outdated data and assessment is based on outdated data and fails to reflect improvements across a range of indicators, improvements across a range of indicators, including those related indicators, including those related to governance, that we have related to governance, that we have seen related to governance, that we have seen over the past two and a half have seen over the past two and a half years. Gf of the democrats used the opportunity to point finger and republicans for their role in the recent Debt Limit Fight of all republicans blame it democrats and Joe Biden For joins of dollars in new spending for the many economists dismiss the downgrade, includingjp morgan downgrade, including Jp Morgan Chase downgrade, includingJp Mo

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Transcripts for BBCNEWS Asia Business Report 20240604 23:39:00

support of customer demand, there will be a market for additional players to enter. ari jahja, thank you very much on the programme. in other news this morning, qualcomm has reported its third quarter earnings, with revenue coming in at $8.4 billion, just missing estimates. the company forecasts that 04 sales will come in below market expectations as well. qualcomm said it could cutjobs, as consumer spending on gadgets like smartphones continue to remain weak as global growth slows. well, other chip making giants like intel and amd reported their latest quarterly earnings earlier this week. and theirs suggest the slowdown in demand for personal computers and tablets may be easing. but a recovery could be some way off. market intelligence company idc estimates that shipments will fall by 15% globally this year, before rebounding in 202a.

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