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BBCNEWS Business Today September 19, 2024

Our north america business correspondent ritika gupta has the details. The 0. 5 percentage cut brings its key interest rate, the federal funds rate down to between 4. 75 and 5%. It comes amid signs of inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong even as unemployment has risen this year. The strong even as unemployment has risen this year. risen this year. The labour market is _ risen this year. The labour market...
Steve Lai Federal Reserve Interest Rates Cutting Cycle Early Trade In Asia Wall Street

BBCNEWS Business Today September 19, 2024

the reaction in asia so far has been mixed. Our north america business correspondent ritika gupta has the details. The federal reserve has delivered a supersized interest rate cut aimed at bolstering the us labour market. The 0. 5 percentage cut, the first in over four years, brings its key interest rate, the federal funds rate, down to between 4. 75 and 5%. It comes amid signs inflation in america is continuing to fall, while the job market remains strong, even as unemployment has risen this y...
The Union Interest Rate Cut Boeing Furloughs Thousands Interest Rates Cutting Cycle Steve Lai

BBCNEWS Business Today September 19, 2024

Delivered a supersized cut aimed at bolstering the us market. The first in over four years brings its key interest rate, the federal funds rate, its key interest rate, the federalfunds rate, down to between 4. 75 and 5 . It comes amid signs that inflation in america is continuing to fall while Thejob Market America is continuing to fall while the Job Market remains strong as unemployment has risen this year. Risen this year. The Labour Market is risen this year. The Labour Market is actually ris...
Interest Rate Cut Wall Street Lower Goes Big Boeing Furloughs Thousands The Union Interest Rates

BBCNEWS Business Today September 11, 2024

How strict would trump be with china, what we saw eight years ago which was radical at the time with the tariffs is not just the baseline, and to what extent would harris continue biden s policies or go further with labour and environmental standards . You mentioned Supply Chain, how do they differ when it comes to that . The chain, how do they differ when it comes to that . It comes to that . The us is t in it comes to that . The us is trying to it comes to that . The us is trying to move it co...
Kamala Harris Steve Lai United States Donald Trump Vice President Asia Pacific Region

BBCNEWS Business Today September 10, 2024

Its there to support this new suite of ai products that the company is calling apple intelligence, which will allow users to use text, to create images, even emojis. We are also set to see a big upgrade to siri, the boy upgrade to siri, the voice assistant that apple first acquired back in 2010. The thing is though, this suite of products, apple intelligence, will not be available at least not for now, in the eu. Apple experience is a bit of a dustup with regulators there over the implications o...
Donald Trump Kamala Harris Business Today United States Steve Lai Iphone 16

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BBCNEWS Business Today September 10, 2024

Software called apple intelligence is integrated into a host of applications across the iphone. This photo editor allows you to remove people from the background. And this tool helps to rewrite your emails. There is also an upgrade to the voice assistant which can now take written commands and is said to work better with a natural spoken language. For now, apple intelligence features will not be available in the eu, as executives find themselves in the middle of a dustup with regulators over the...
United States Business Today Steve Lai Iphone 16 Front And Centre North America Technology Correspondent

BBCNEWS Business Today August 29, 2024

They acknowledged there were issues with production, saying that it was making changes to the number of functioning chips that come out of factories. At the same time, the company expects to bring in several billion dollars of revenue in the fourth quarter from the product. Nvidia shares have fallen by around 7 in after hours trading in new york. Industry Expert Bob Odonnell explained the Market Reaction and what lies ahead for the company. I think when it comes to this brand and its particular ...
Ai Boom Giant Nvidia Artificial Intelligence Business Today Steve Lai 0 Billion

BBCNEWS Business Today August 28, 2024

The driving force behind their evaluation and as we all know, almost all of these companies are having terrible evaluations right now. With not having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation. So obviously asiabased investors understand the company better, they understand china better. They are less worried about the environment in ...
Giant Alibaba Hong Kong Business Today Steve Lai Mainland China New York

BBCNEWS Business Today August 28, 2024

Evaluations right now. With not having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation. So obviously asiabased investors understand the company better, they understand china better. They are less worried about the environment in china in general again, more from a political and trade perspective as opposed to the economy, certainly the eco...
Mainland China Blueshirt Group Hong Kong Buying Power Vice Versa Youth Unemployment

BBCNEWS Business Today August 28, 2024

Having a lot of positive sentiment coming from us investors, the companies obviously are trying to figure out how to appeal to a new set of investors that can offer a better valuation or recognise better valuation or recognise better valuation. So obviously asia based investors understand the company better, they understand china better. They are less worried about the environment in china in general again from a political and trade perspective as opposed to the economy certainly the economy in ...
Mainland China Gary Dvorchak E Commerce Industry Blueshirt Group Hong Kong Buying Power

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