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BBCNEWS Business Today October 8, 2024

Major markets in china. What you make of the figures? a good da for you make of the figures? a good day for china you make of the figures? a good day for china investors you make of the figures? a good day for china investors today. I day for china investors today. Not a surprise given the number of factors impacting the china market today. The largest being stimulus and hopes of more stimulus. Just before the golden week holiday we heard of a number of measures designed to boost the china s economy, including a cut in rates as well as extra liquidity to boost bank lending and about $350 billion to support china s stock market as well. We know there is another announcement by the
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BBCNEWS Business Today October 8, 2024

Pacific. According to these findings, the region is expected to see a slowdown in growth next year, partly due to a lack of postpandemic recovery from china, the well s second largest economy. A look at the report, joined by chief economist at your expecting a stage in pacific growth to slow due to the chinese slowdown. What steps can countries in this region take an urge to mitigate some impacts? take an urge to mitigate some imacts?. , impacts? you re absolutely riuht. Impacts? you re absolutely right jen impacts? you re absolutely right. Jen has impacts? you re absolutely right. Jen has been impacts? you re absolutely right. Jen has been a impacts? you re absolutely i right. Jen has been a powerful right. Jen has been a powerful engine for growth in the world and slower growth means lower growth in the region. china. It needs to do more on its own to grow and that needs ....

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BBCNEWS Business Today September 20, 2024

Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and the ....

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BBCNEWS Business Today September 20, 2024

Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in the uk where the bank of England Governor Andrew Bailey has said Interest Rates are now gradually on the Path Down despite the Banks Decision to keep the cost of borrowing on hold today. The banks main rate was left at 5 after it was cut last month for the first time in more than four years. The bank ratcheted up Interest Rates to try and control inflation which hit a peak of 11. 1 back in 2022. ....

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CNN The Source With Kaitlan Collins September 20, 2024

Presidential endorsement that both candidates have been angling to lock down for weeks now. And it turns out neither one of them is getting it. An an election that is marked by an allout fight for Blue Collar voters. The teamsters silence rings louder than really any endorsement could tonight. The leadership declared during that theyre not backing Vice President harris or former president Donald Trump. The republican Nominee Tonight tried to claim otherwise earlier today, i was honored to receive The Endorsement of the Rankandfile Membership of the teamsters. I love that endorsement comes from the leadership of the teamsters, but well talk more about that in a moment. But just to give you a sense of how much trump was trying to woo the Teamsters President Sean Obrien, he gave him a Prime Time Speaking Slot at the republican national convention. Any reaction with the Teamsters Decision not to endorse know they are. ....

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