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BBCNEWS World Business Report June 4, 2024 04:43:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:43:00

Let's turn our attentions to china now, and a situation that is beginning to worry the financial world. a post—covid recovery in the world's number two economy is fizzling out, and rather than the soaring cost of living that's affecting much of the world, it's deflation that is now the big concern for china. people are seeing their wages cut. the cost of goods as they leave the factory — that's something called the producer price index — has been dropping for months because of lack of demand, and that slide is accelerating. may saw the steepest fall in producer prices in seven years — ...

BBCNEWS Asia Business Report June 4, 2024 00:36:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:36:00

Move. india's central bank started its three day meeting to deliver on monetary policy on tuesdays expected to make its announcement on thursday. experts are anticipating the rbi is likely to keep it at five points 6% and the main reason is inflation has been showing sides of cooling down. this has been a concern for a long time. inflation figures have been on the high side for a while. since may last year, lending rates have been hiked to keep inflation in check but that has now slowly cool down and in fact in the month of march, inflation figures were around five and 7% and at the moment inf...

BBCNEWS Asia Business Report June 4, 2024 01:34:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:34:00

Showing signs of cooling down. this has been a primary economic concern for the country for a very long time now because inflation figures have remained on the higher side for a while. since may last year, the rbi has consistently hiked lending rates to try keep inflation in check but that has now slowly cool down and in fact in the month of march, inflation figures were around 5.7% and at the moment inflation figures around 4.6—4.7%%. it has always been a tight work to ensure growth does not suffer. at the moment the gdp forecast is 7-.2%. at the moment the gdp forecast is 7—.2%. projecte...

BBCNEWS BBC News June 4, 2024 04:24:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 04:24:00

It is stark. it can be cold, and it is, as far as we know, lifeless. but mars still fascinates. so much so, we intend to pay a visit. however, apart from the raging winds and the lack of oxygen, there is another potential hitch. rumbling. this is the sound of an earthquake, or more at the group cruelly, a mars quick, a tremor that measured 4.6 on the richter scale.— richter scale. what's great about this _ richter scale. what's great about this quake _ richter scale. what's great about this quake was - richter scale. what's great about this quake was that l richter scale. what's great | abou...

Ringgit opens lower against US dollar, breaching 4.6 level - Vimarsana News

Ringgit opens lower against US dollar, breaching 4.6 level

KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to strengthen on the expectation...