For the Second Quarter. We can provide hints on whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, High Speed Two fidelity international s Catherine Yeung who said china is facing a confidence problem. It is lack of confidence within the consumption and corporate sector. In fact last friday we had julys money supply and aggregate Financial Data released and it was marginally weaker than expected, so tomorrow in fact we have this operations, and while the expectations are there will be no cuts on the benchmark generally speaking, you could see a slight increase of probability of ten basis points rent cuts, so again policy is going to outgrow chains, but it is going to be this continuing tweaking to accommodate. Tomorrow we will get some extra data out. But really what is the biggest problem facing china to get its economy up and running . If china to get its economy up and runnina . ,. , china to get its economy up and runninu . ,. ,
Significantly after the worst wildfires to hit an american state in more than a century. Our North America correspondent John Sudworth reports from the island. Vital supplies being loaded onto a boat that would normally be taking tourists whale watching. Theyre now making multiple daily trips into the Disaster Zone with a growing sense of frustration. We are all wondering, why was there no help sent from oahu . Pearl harbor is a 20 minute flight away, right . Why are the limited resources of police on this island left alone . Where is the support for them . Why are we taking supplies on a boat instead of helicopter . We do this because we have to. An hour into the journey and the devastation along the shoreline comes into view. We can quite clearly see the town of lahaina now and you can make out is the blackened landscape above the town where the grass was burning and what happened with the Hurricane Blowing away off to the south, the pressure brought the wind over the top of the isla
Guidance on whether or not the bank ofjapan will remain an outlier and keep its Interest Rates ultralow. I spoke to the International Groups in china is facing a Confidence Problem within the Consumption Sector as well problem within the Consumption Sector as well as problem within the Consumption Sector as well as the problem within the Consumption Sector as well as the corporate l sector as well as the corporate sector as well as the corporate sector and we had the simply and aggregate and data and there was released and is marginally weaker than expected and tomorrow, we have this operation, the expectations dont have much cuts in the way generally speaking, we could see an increase in probability of ten basis points and policy is not going to have a change its going to be tweaking to be accommodative. Imilli its going to be tweaking to be accommodative. Its going to be tweaking to be accommodative. Will be getting extra data and accommodative. Will be getting extra data and what ac
let s now get down to business. we start with energy as more eu caps on russian oil have come into effect. the price of premium products, primarily diesel, is being capped at $100 a barrel, while low end products, including fuel oil, will be capped at $45. other oil product imports are banned completely from today. the price cap is designed to limit moscow s ability to fund its war in ukraine. enforcement relies on prohibiting insurance and shipping companies from dealing with russian cargo, unless it was bought at or below the set price. i have not got viyella davis to talk about this instead i do have another guest. joining me now is spencer welch, oil analyst with s&p global. we have been talking about eu caps and bounce, what has changed today? changed today? there is essentially changed today? there is essentially three - changed today? there is. essentially three different mechanisms that have been put in place in the last two months. on the fifth of december, the eu
battery network to largest battery network to reduce the cost of going electric. hello and welcome to asia business report. i m monica miller. we begin in china where over the weekend the government issued a new plan to secure foreign investment. the guidelines signal a willingness to protect the interests of global investors by offering tax and visa incentives. it comes at a time when bathing is struggling to attract foreign capital and its economic recovery is slowing down. last week we learned china was seeing prices drop for the first time in more than two years. on tuesday we will get chinese industrial production and retail sales data forjuly. both will help fill in some of the gaps on how the country s export sector is faring and whether consumers are still spending. on the same day, another major asian economy, japan, releases its gdp data