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Transcripts For BBCNEWS Asia 20240705



liquidation of the company. it basically means its assets will be seized, sold off, in order to repay some of its outstanding debt. in terms of the company public day to day operation including building homes in mainland china, it will probably stay the same for now. this ruling doesn t send a through the chinese financial market because of course for many decades a real the real estate sector has been one of the major drivers for china s economy growth. whether or not this liquidation process will be followed remains to be seen because despite the one country, two systems slogan, many experts that i ve spoken to have said that there are some thornyjurisdiction issues some thornyjurisdiction issues so whether or not the liquidation there liquidator that will be appointed by hong kong court, whether or not that person will be recognised by mainland china remains to be seen. of course a lot of ordinary chinese citizens have been, have invested in evergrande, haven t ha ....

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Transcripts For BBCNEWS Asia 20240705



more than 3/10 of a percent. this is what they call a bull run. the market s been on the upswing since october 2022, and it s thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been h ....

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Transcripts For BBCNEWS World 20240705



and the us is pausing the approval of exports from new liquefied natural gas projects. we find out why. hello, everybody, welcome to the road business report. give me about 30 minutes and i will try to give you a fascinating snapshot of the world of business and money. welcome to the world business report. the uk has suspended free trade talks with canada, after nearly two years of negotiations. the british government had been trying to extend temporary arrangements put in place after brexit, but disputes about agricultural exports couldn t be overcome. it marks the first time the uk has formally suspended talks with a trade partner since formally leaving the eu trading regime in 2021. lets get more on this with the directorate general of the international trade. just for those who haven t been keeping up with this, why has the uk walked away? 50 with this, why has the uk walked awa ? ., . ., away? so once the uk had left the eu, there away? so once the uk had left t ....

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Transcripts For BBCNEWS World 20240705



films to its viewers. what is behind these bump numbers? i north america business correspondent is in new york for us. is this all about that password sharing crackdown we heard about or something else happening? there are different things going on with netflix that led to these bumper numbers. it is worth pointing out these numbers beat wall street s estimates and even netflix s own estimates. we are looking at some different changes, one of them is the crackdown on password sharing. another is the way they have picked up another is the way they have picked up subscribers in this ad supported plan and they said that was one of the biggest gains quarter over quarter and of new subscribers. that s a put another revenue stream for netflix. they involve some price hikes on other subscriptions. when we talk about these adverts, it is part of the company s revolution and part of the company s revolution and part of the company s revolution and part of their way of making an ....

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Transcripts For BBCNEWS The 20240705

you a noon in the last few minutes, the news agency has been reporting that a young man has died after falling from a roof during the protests, according to information from the police. we will bring you more on that as we get it. meanwhile let s take a look at some images from last night you can see there fire on a road there, and this is just one of 3800 fires on roads across the country, 875 arrests were made, scores of police officers injured too. let sjust made, scores of police officers injured too. let s just look at where the writing is happening here s the map of france, and you can see that the dots there are all locations where it s been happening, and there s a big cluster around paris which is right in the middle there rioting. and if we look at the night before, this is in the paris itself or you can see these barriers at different locations, at nanterre on the left, the scene of the original incident which sparked all of this. president emmanuel macron h ....

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