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Transcripts For BBCNEWS Asia 20240705

partners, who told me what s driving the rally. 2024 we re heading to a good start. certainly the investor optimism has returned after the first couple of weeks of a little bit of weakness. investors have decided 2024 is going to be a year where interest rates will head lower locally and the economic activity will slow down, but not as bad as feared previously. so all that combined, it s good to see the nasdaq pushing higher, led by big tech, and everybody else heading the right way. big tech we re hearing some good things, some lay offs as well? sure. i do think big tech is going through for 2024, certainly they ve had a great start, but i do think they will slow down somewhat because of the things you talk to. their earnings were slowed somewhat because costs are higher. i do think that the ai related sectors within the big tech will do better just because there s a phenomenal amount of growth. but every part of big tech is going to experience slowdown because of high

Transcripts For BBCNEWS Asia 20240705

has told the bbc that the attacks are one of the biggest challenges the body has ever faced. my colleague aaron heslehurst spoke to the head of the organisation and asked what can be done to stop the attacks. it is one of the biggest challenges. it is one of the biggest challenges. it is one of the biggest challenues. . , , ., challenges. the reality is that as ou challenges. the reality is that as you mention, challenges. the reality is that as you mention, shipping - challenges. the reality is that as you mention, shipping is i challenges. the reality is that as you mention, shipping is a| as you mention, shipping is a global sector. we transport over 80% of global trade. so any actions that are happening out there that actually interrupt the trade will have a negative effect on you, me and on everybody on this planet. we need to work very closely with all the stakeholders with all the member states. we know the agencies, the united nations in particular in order to find

Transcripts For BBCNEWS Asia 20240705

has been launched by houthi fighters in yemen on a us cargo vessel ship off aden. this comes after united states announced that it is returning the group to a list of global terrorist organisations. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some shipping companies have had to take a detour around africa driving up costs or have decided to suspend shipments indefinitely. mukesh sahdev head of oil trading at the research firm rystad energy describes what is at stake in the markets. what is at stake as there is a lot of crude oil moving from east to west, right? and fat crude oil, i would say, is blocked by russia, crude oil by india, by china. that is at stake. the other thing that is also at stake is a lot of plates that move towards europe. so i would say all and all, we are talking about a sizeable number of barrels of crude and product. now, the question comes, will all of th

Transcripts For BBCNEWS Asia 20240705

tewari. we are learning that who the fighters say they will continue attacking vessels in the region of the red sea. this announcement comes after they launched a drone attack in yemen on a us commercial vessel of eden. the escalating tensions in the red sea have many analyst concerns that the impact of these attacks will drive up the cost of living. houthi. some companies had to take a tool, driving up costs or have decided to suspend shipment indefinitely. head of oil trading at the research firm describes what is at stake in the markets. in the markets. what is at stake is in the markets. what is at stake is that in the markets. what is at stake is that a in the markets. what is at stake is that a lot - in the markets. what is at stake is that a lot of - in the markets. what is at stake is that a lot of oil i in the markets. what is at stake is that a lot of oil to i stake is that a lot of oil to form the balance, moving from east to west, and that is a load of m

Transcripts For BBCNEWS World 20240705

words, embrace it, it is coming. set aside the fear of the significant change and concentrate on how you can best tap into the opportunity. let s head over to davos and speak to the tech entrepreneur sachin dev duggal, who s co founder of the software development platform builder.ai. thank you forjoining us this morning. firstly, give us your reaction to that, the misuse of ai, the biggest risk to the world economy. i the biggest risk to the world economy- the biggest risk to the world econom . ~ ., ., , economy. i think with all of these thins economy. i think with all of these things there economy. i think with all of these things there is economy. i think with all of these things there is a economy. i think with all of these things there is a balanced - economy. i think with all of these i things there is a balanced approach. there is a risk of misinformation, but there is also the potential for massively improving individual productivity. one of the things we are s

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