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Transcripts For BBCNEWS Asia 20240703

To supplies due to conflict calmed down a day after saudi arabia pledged to stabilise the market. The neck he is up to. 6 this morning. 1. 2 mac 6 the central bank said it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higher for longer strategy. Thats according to the newly released minutes in the september meeting. The readout shows while people are divided on whether the Us Central Bank will hike rates before the year is out, theyve seen it has spill over effects in Financial Markets everywhere. Higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow money through loans or lines of credit, all of which slows growth. Meanwhile, the interest paid on Us Government bonds is also moving toward its highest levels in more than 15 years. That could end up having the same effect as a Fed Rate Hike without the fed having to act. During that september meet

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Transcripts For BBCNEWS Asia 20240703

A day after top opec producer saudi arabia pledged to help stabilise the market. Overnight, the wall street major indices closed higher, the Us Central Bank has hinted it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higherfor Federal Reserve officials are embracing the higher for longer strategy, according to the newly released minutes from their september meeting. It shows that while officials are divided on the question of whether the Us Central Bank will hike Interest Rates again before the year is out, they all seem to think rates will remain high for some time. What the fed decides to taste the cost of borrowing in the us and has spill over for markets anywhere. Higher rates make it more expensive for americans to take out a house loan or a car loan and makes it more expensive for businesses to borrow money, which all slows growth. Meanwhile, the interest paid on Us Government bonds is moving towards its highest levels in mor

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MG Motor India Reports A Dip In Car Sales For April 2024

MG Motors India has shared the car sales data for April 2024. The data shared by the company depicts a decline in year-on-year & month-on-month car sales for the company last month. While the decline is just marginal the company will be looking forward to bounce back in the sales chart next month. , Car News News - Times Now

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Bugatti Veyron designer Jozef Kaban named MG Motor's VP of Global Design Centre: Details

Policy & Industry News: Jozef Kaban, known for designing Bugatti Veyron, appointed VP of Global Design Centre at MG Motor. Enhancing premium car segment focus, MG aims for wi

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