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BBCNEWS Asia July 5, 2024



our business correspondent erin delmore reports from new york. after a panel blew off a boeing 737 max ninejet operated by alaska airlines mid flight on friday, the faa grounded more than 170 other max mines. upon inspection, united airlines found problems with more doors, loose bolts on at least five panels in otherjets of that model. the news was reported by the industry publication air current. united said in a statement that the company, quote, found instances that appear to relate to installation issues in the door plug, for example, bolts that needed additional tightening . that s since saturday when preliminary inspections began. the company also said that these findings will be remedied by our tech ops team to safely return the aircraft to service. boeing shares fell 8% on monday and the incident returned scrutiny to the company after the 2019 grounding of 737 max jets. united and alaska airlines are the two largest operators of the model that s been grounded. ....

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BBCNEWS Asia Business Report June 4, 2024 00:38:00

And in that way, exports will start to grow again. and that will help to boost economic development here, economic growth, but also wages and job prospects for younger taiwanese people. the ruling dpj, or democratic progressive party, which has the ruling dpp, or democratic progressive party, which has been in power here for the last eight years, says exactly the opposite. it says it s overdependence on china s economy that is the problem, because that allows beijing to use that dependence as a weapon to put pressure on taiwan. and that s exactly what beijing has been doing, they say, over the last two years, sanctioning different taiwanese companies and businesspeople. they want to see taiwan companies diversify to other places, to southeast asia and to new markets in india and africa. the unemployment rate of southeast asia s largest economy currently sits at 5.3%, and those between the ages of 15 24 make up nearly a fifth of those unemployed in a country of over 275 million people. ....

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BBCNEWS Asia Business Report June 4, 2024 00:37:00

U dated coverage i suggested. the imf updated his coverage i suggested. the imf updated his forecast coverage i suggested. the imf updated his forecast for - coverage i suggested. the imf updated his forecast for the i updated his forecast for the gdp for china to 5.4% in 2023 to a better number 2024, so i believe china will be a good driver for international trade in the next year. and it is going to be a busy election year, in many parts of asia. we have taiwan s polling day on saturday. next month indonesia and around april india. let s hear from our reporters in taipei, jakarta and mumbai. this presidential election in taiwan is really being fought over one issue, and that is what sort of relationship taiwan should have with china, not just politically but economically. so the opposition, guomindang or kmt or their candidate says taiwan needs much better relations with china and they are the party to achieve that over the last two or three years. taiwan s exports to china h ....

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BBCNEWS Asia Business Report June 4, 2024 00:40:00

Coming down in the next few months. but there are persistent concerns that remain on things like unemployment or the fact that welfare spending, or spending on things such as education and health care by the government hasn t really kept pace. 0n the whole, though, the incumbent bjp is expected to be in a much better position than a fragmented opposition. steve a nd steve and rt marion taiwan and bringing the latest on the taiwan election, but for now thanks for watching asian business report, i would be back shortly. bbc news, bringing you different stories from across the uk at home with the rileys. i ve just told you. i ve just told you so. you don t mess with my tray. a new scheme is providing tonight s meal. the nursery sent bags ....

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