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BBCNEWS Business Today September 28, 2024

The banking system. The banking system. And as the bbc s and as the bbc s Michelle Fleury reports, it could face even more tense relations with the us depending on who wins the race for the White House. When the measures were first announced back in may, the White House said it was in response to chinas unfair Trade Practices and to protect us jobs. At the time the chinese said they opposed the hikes and would retaliate. Analysts said the tariffs, which include a 100 duty on electric vehicles made in china, well, that they are largely symbolic, especially since chinese evs are not currently sold in the united states. As well as a rise on ev tariffs, levies on solar cells will increase to 50 , while rates on Steel And Aluminium produ ....

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BBCNEWS Business Today September 28, 2024

And is now the worlds fourth largest economy. It had been the second largest until china overtook it in 2010. Japan has also been battling a deflationary spiral for a generation, but that ended late last year. Mariko oi has been following the story for us from our asia business hub. What more can you tell us about ishibas economic manifesto . Well, his economic policies are still rather unclear. He has been criticised during the Election Campaign for lacking a clear economic vision. One thing we do know is that he was quite critical of the shinzo abe, who implemented investor friendly policies. During the Press Conference he held this evening he talked about how investors may have benefited, but not ordinary consumers, so we may see some changes there. The value of the japanese yen, it jumped the value of the japanese yen, itjumped because shigeru it jumped because Shigeru ....

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BBCNEWS Business Today September 27, 2024

To European Markets opening up, and the close in asia saw significant gains in Hong Kong and japan. The picture there is across the world, that is last night but this is what we are drawing our attention to here, the Hang Seng up by almost 4 and then Ak Injapan up by 3 as well. For more, joining me now is rory green, chief China Economist at t5 lombard. How significant are the new measures . It isa it is a significant Step Up in stimulus from beijing. What we have had announced so far, and we have got clarity on the monetary Side And Today the Politburo Set for september gave us an indication, we do not yet know the size of a fiscal stimulus and that will be crucial to assess the acceleration of growth. As you touched on, until traders are loving these signs and china assets are ri ....

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BBCNEWS BBC News September 27, 2024

To arguments in lebanon with 75 targets hit overnight. These are the latest pictures we are getting in from lebanon. The latest strikes happened close to the Border with syria, and supposedly hit rockets and buildings. Overthe supposedly hit rockets and buildings. Over the last few days, the lebanese Health Industry says it is 13 people were killed in those later strikes, with more than 550 people killed since the strike started. Benjamin netanyahu has. There has been speech saying there will be no ceasefire. Our Middle East correspondent, Hugo Bachega updated us on the latest developments from beirut. Despite all these growing calls for a ceasefire along the lebanon israel Border, we havent seen indications from Israel And Hezbollah that they are interested in
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BBCNEWS Business Today - NYSE Opening Bell September 27, 2024

Thank you for getting up for us so early this morning. I want to pick up on that jobless data, the fact that the Jobs Market at the moment, about employers right now . Absolutely. So, that number coming lower is a relief. It shows employers are still hiring. You are still able to get a job. They have been statistics recently showing some people are saying is harder to find jobs. With the lower numbers, that is showing that there is some hope. It means the consumer, obviously, has some support. Getting the incoming supporting the economy. They are able to continue spending. It is great numbers. They are right in the Sweet Spot of we want to see. Right in the Sweet Spot. The economy is looking good. What does that mean for the federal Reserve And Rate cuts going forward . Iii Reserve And Rate cuts going forward . , forward . If the Gdp Numbers we saw came into forward . If the Gdp Numbers we saw came into hot forward . If the Gdp Numbers we saw came into hot or forward . If the Gdp Numbe ....

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