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Transcripts For BBCNEWS Asia 20240704

Higher housing, cars and food costs but once his take out Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers 40 drifted down from last summers a0 year highs but its still well above what the Federal Reserve thinks of as normal prices. With the overall trend heading in the right direction, policymakers may feel that they dont need to raise Interest Rates further. Us central bank, you may recall, raised its benchmark Interest Rate to more than five and a quarter , the highest in 22 years, all in a bid to call the economy and ease the pressure is pushing up prices. Cool. Qualities too early to say mission accomplished, from the white house to wall street there is a sense that progress has been mad ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:43:00

Inaudible when you can. some other stories now and police in london arrested nine people last night after clashes around oxford street. groups of people had gathered in response to posts on social media, calling for trouble in the area. the home goods store wilko is in trouble after it failed to raise enough money to save the company. the chain s a00 stores will stay open for now but it puts 12,500 jobs at risk. and as elon musk finishes rebranding twitter to x, he s announced he s actioning some memorabilia from the old twitter offices. over at the women s world cup, laurenjames has been given a two match ban by fifa following the red card she received for stamping on the back of a nigerian player during england s match on monday. and finally, i m going to leave you with virgin ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:44:00

Galaxy s first flight. the first three paying passengers on board virgin galactic s space flight, along with the pilot, have completed their trip to the edge of space. that s it from me. you re all caught up! ....

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Virgin Galactic Sets First Commercial Flight For June 27-30

Virgin Galactic is aiming to begin commercial suborbital spaceflight services between June 27 and 30, the company said on June 15. ....

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