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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

With the gold price. 20 . It would not seem dollar weakness will be translated into gold strength. That correlation is somewhat weak. Thats where we are at the moment. Getting more reaction to this mls cut taking place by the pboc, the right now 2. 59 percent. It was 3. 15 percent. They cut it in the middle of february to 3. 15 . It is really to prop up the virus hit companies. It should translate into the reduction of the loan prime rate, which is out on the 20th. Lets move to the first word news as we join Karina Mitchell. U. S. A a deal taking off, airlines have agreed a preliminary deal with the Treasury Department to access billions in aid. Carriers. All major American Airlines will get 5. 8 billion in payroll support. Southwest will get 3. 2 billion. As part of a 25 billion dollar assistance package for commercial airlines as part of the 2. 2 trillion stimulus announced last month. Fullys agreement will support Airline Industry workers, preserve the vital role airlines play in ou

India s Economic Rise: From GDP Growth To Surge In Equities And Consumer Spending

India s Economic Rise: From GDP Growth To Surge In Equities And Consumer Spending
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