The fed raises Interest Rates and says it will start unwinding its 4. 5 trillion stimulus programme. But is the us economy really Out Of The Woods . Plus roam if you want to. The eu scraps extra mobile charges for travellers from today after a decade long battle. But will users end up footing the bill anyway . Welcome to World Business report. Im sally bundock. Also coming up the end of an era forjapan inc. Toshibas set to sell off its Chip Division as it battles for survival. We start in the us where the central bank, the Federal Reserve, has raised the cost of borrowing, as was widely expected. Its the second increase in three months, and comes despite some fairly mixed data on the health of the us economy. Lets show you the details. The fed has raised its main Interest Rate by 0. 25 . That takes its target range to between 1 1. 25 the highest it has been since before the 2008 financial crisis. And its set to go higher the fed is forecasting one more increase this year. It also annou
Seeing me hello, you heard ben but you are security at your fingertips well meet the man who says the key to Online Safety could be in your own hands. And as digital video sales could overtake dvd and blu ray this year. We want to know, do you still buy your movies on disc . Just use bbcbizlive. Sally hodkin the limelight, i dont know welcome to the programme. Its less than a week since the uk woke up to an Election Result that plunged it into even deeper political and economic uncertainty. Prime minister theresa may still hasnt finalised an agreement with the Northern Irish Democratic Unionist Party which would allow her to govern with a narrow majority. But away from those talks, the pressure is mounting on the government to lay out a strategy for brexit negotiations. Tonight the chancellor, orfinance minister, philip hammond, could give us some idea of what is planned. Hes expected to say that 61bn of funds from the European Unions Investment Bank will not be put at risk. It current
Ciaran maxwell stockpiled weapons while serving with a Commando Unit in somerset. Now on bbc news, all the latest Business News live from singapore. Downgraded. Toshiba moves off the main stock board of tokyo because of financial problems. And a snap deal going at a loan after calling off a sale to a rival, flipcart. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a tuesday. Im sharanjit leyl. Report. Its a tuesday. Im shara njit leyl. We report. Its a tuesday. Im sharanjit leyl. We will start with the ongoing problems around the tech giant toshiba. The markets opened for trade and its shares got demoted to the second section of the tokyo stock exchange. We have that story. Tell us about this demotion. They opened higher this morning. Tell us about this demotion. They opened higherthis morning. Up tell us about this demotion. They opened higher this morning. Up about 2. 596 opened higher this morning. Up about 2. 5 this hour. Yesterday as well
Financial news with aaron. And World Business report. A new clear nightmare 3 billion wiped off the value of the japanese tech giant toshiba, after it buys a us Power Business that turns out to be not so powerful. Beating the giants at their own game we visit the man who couldnt wait for the Electronics Industry to come up with usable Smart Home Solutions so, he built his own. Welcome to World Business report. Im aaron heslehurst. Well, happy. What do you say between christmas and new year . Anyway hopefully we have a bite size look at finance. Shares of the Japanese Technology giant toshiba took another massive hit this morning falling 20 thats the maximum allowed before the Stock Exchange suspends all trading. The value lost off the company today is nearly 3 billion. This follows a 12 drop on tuesday. And its all to do with a not so good purchase toshiba made in the Us Nuclear Power industry. Mariko 0i is in our Asia Business hub in singapore. Good to see you and i hope you had a won