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BBCNEWS Asia July 5, 2024



let s ta ke let s take a look at how the stock market is doing. flat to high. trading at a 33 year home. the last quarter it outperformed any major global indices partly because investors are hopeful about japan s economy. nobuko kobayashi, from professional services firm, ey, explains. yes, it beat expectation by one point which is quite phenomenal. if you peel down, break down the difference, the positive surprise comes especially from the investment in private sector. the personal consumption, which was considered to be jumping up, was in line with expectation, but particularly on the business side, it was a positive surprise. i want to ask you about consumer spending because we have been talking about how japan has never really had inflation for many decades and now, having one, albeit much lower compared to other parts of the world, and yet wages have not been growing as much as expected, so why is consumer sentiment quite strong? consumer sentiment, i think, tempo ....

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BBCNEWS Newsday July 5, 2024



hi there, thank you for being with us. the authorities in ukraine say more than 42,000 people are at risk from flooding, after the collapse of a major dam in the south of the country on tuesday. president putin has said ukraine was behind the breach, which he called a barbaric act . while kyiv and moscow blame each other, once again, it s civilians paying a heavy price for russia s war. this is the scene in the city of kherson entire houses and streets submerged underwater. some people waiting to be rescued in affected areas have been forced to spend the night on their roofs, or in trees as the waters rose. the dam supplies water to large tracts of agricultural land, including in crimea. and the reservoir behind it provides water to cool the zaporizhzhia nuclear power plant further upriver. both areas are under russian control. the united nations says the dam collapse will have grave and far reaching consequences . 0ur ukraine correspondent james waterhouse is in th ....

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BBCNEWS Asia July 5, 2024



market too. it did dip a bit yesterday. it s a some 15% in the last quarter outperforming all the major global intimacies. we were told what is expected from the gp numbers. is expected from the gp numbere is expected from the gp numbers. , ., ., , numbers. the print emma larry numbers. the print emma larry number was numbers. the print emma larry number was 1.696 numbers. the print emma larry number was 1.696 for numbers. the print emma larry number was 1.696 for the - numbers. the print emma larry| number was 1.696 for the annual number was 1.6% for the annual iceberg based on 01 preliminary. it could be as high as 2%, and this optimism is supported by two positive factors. one is an assumption thatis factors. one is an assumption that is stronger than ever, and secondly, it is capital investment by the businesses which continues to be strong. despite the slight bit yesterday, it s trading at a 33 year high. is this optimism about the economy or something el ....

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BBCNEWS Verified July 5, 2024



conclusion of his evidence giving session, day two of all of that. the press assembled at the doorway is, the reporters and camera crews, because the prince has been watching some of the other witnesses being cross examined in the last little while. we expect him to depart after a second day of cross examination at the high court, just like yesterday going through so many of the 33 articles they are focusing on, with the princess saying the critical information had to come from phone hacking and the cross examination for mirror group newspapers saying they could have come from several legitimate other ways. that tussle has been going on both yesterday and today. of course, we expect to see his departure and the case itself continues because the prince, of course, one of four people bringing this test case and they will be going through similar articles and evidence with the other three, but so much attention on the prince, his witness statement yesterday detailed at len ....

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BBCNEWS Asia July 5, 2024



optimism is reflected in the stock markets as well. this is how the nikkei has started trading. it has been at 833 year high so we see a bit of profit taking. a 33%. the last quarter outperforming any major global indices as well. let s begin nobuko kobayashi joining us from kyoto. thank you forjoining us on the programme again. what did you make of this much stronger than expected gdp figures? yes. make of this much stronger than expected gdp figures? expected gdp figures? yes, it beat expectation expected gdp figures? yes, it beat expectation by expected gdp figures? yes, it beat expectation by one - expected gdp figures? yes, it beat expectation by one point| beat expectation by one point which is quite phenomenal. if you peel down, break down the different, the surprise comes especially from the investment in private sector. the personal consumption was in line with expectations but particularly on the business side, it was a positive surprise. i on the busi ....

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