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meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike issues are resolved, they will have a big impact. you ve got 500 workers, two major plants and they produce around 5% of global supply. it s a major impact and certainly asia would be. ..would feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we saw recently. what will be the impact on the central bank? as far as central bank s are concerned, we seeing hopefully with retail sales fairly strong. if that s not a bad point, normally a good point but it could further inflation, we are expecting inflation to come down. that could be a good sign next tuesday with no rate rise. but we got to wait to see how that number drops. it s coming out in a few hours. the target is 2 3%. what range are you expecting the number to come in? if you re looking at annual rate, you re looking a 5.2 forjuly, do ....
like the rest of the world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike issues are not solved soon, they will have a big impact. you ve got 500 workers, two major plants, and they produce around 5% of global supply. it s a major impact and certainly asia would be. ..would feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we saw recently. what will be the impact on the central bank? as far as central bank s concerned, we seeing hopefully retail sales fairly strong. if that s not a bad point, normally a good point, but it could further inflation, we are expecting inflation to come down. that could be a good sign next tuesday with no rate rise. but we ve got to wait to see how that number drops. it s coming out in a few hours. the target is 2 3%. what range are you expecting ....
shares in evergrande, the world s most indebted property firm with liabilities of $328 billion, fell a further 13% on tuesday. the day before more than $2 billion was wiped off evergrande s market value when it resumed trading for the first time in almost 18 months. now, another property developer, country garden, is causing concern. let s get more on this with our asia business reporter monica miller. tell us more about country garden? it tell us more about country garden? , tell us more about country garden? tell us more about country garden? , ., , garden? it is china s largest ro -e garden? it is china s largest property developer - garden? it is china s largest property developer by - garden? it is china s largest property developer by sales| property developer by sales volumes until this year, like so many chinese real estate businesses it has been hurt by weak property sales. you have to take into consideration the value of homes has plunged as the world s second larg ....
world. the reserve bank of australia will be holding its monthly meeting next week to decide on the cost of borrowing. market analyst peter maguire says if chevron strike i55ues maguire says if chevron strike issues are resolved they will have a big impact. issues are resolved they will have a big impact. you ve got 500 workers. have a big impact. you ve got 500 workers, two have a big impact. you ve got 500 workers, two major- have a big impact. you ve got| 500 workers, two major plans and they produce around 5% of global supply. and they produce around 5% of globalsupply. it s and they produce around 5% of global supply. it s eight major impact and certainly asia would be. feel it more than anywhere else in the world. i guess it highlights that wage demands are rising despite the dip in inflation that we start recently. what will be the impact on the central bank was back as far as central banks are concerned, we seeing hopefully with retail sales fairly strong. ....
this week, we re in edinburgh for all the fun of the festivals and to find out how you put on a high tech tattoo in an ancient city. it s too narrow. it s on a hill. there s no straight lines anywhere. it s really quite a tricky space to work with. shiona s scouring the globe for new ways to make data look great. and at the fringe, the machines are waking up. you are not alone. you cannot be alone. nick tries on the very latest wearable tech. all: engage the cube! ..and meets the most advanced robots ever. is that a shopping bag?! every august, the city of edinburgh welcomes an explosion of creative energy from around the world as scotland s capital becomes festival central. the festival fringe bills itself as the single greatest celebration of arts and culture on the planet. everything becomes a stage here not just traditional comedy clubs and theatres, but street corners and university buildings, lecture theatres, too, where artists perform dance and comedy and caba ....