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BBCNEWS Asia July 6, 2024



to go above 30,000. japan has just released growth figures. asia s second biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spending was up 0.9 on the annual basis, way ahead of expectations. but even private consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers were in march, they were not that impressive, in fact they were quite depressing. the next key one will be injune, april s numbers, and that s when we will start to see the increase in overall wages. of course it s notjust the wage number that contributes to all of th ....

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BBCNEWS Asia July 6, 2024



second biggest economy grew 1.6% on annualised rate, much better than what had been predicting, thanks to private consumption and an unexpected rise in capital expenditure. let s bring in neil newman from the quarry capital who joins us live from tokyo. thank you for joining us. the data has come out a lot stronger than expected, talk us through what s been doing quite well. this is a very big and positive surprise. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp numbers certainly does indicate there is a large amount of the domestic economy contributing to this. as you mentioned cap ex, business spending was up on the annual basis, way ahead of expectations. but even consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers in march, they were not that impressive, in fact they were quite depress ....

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BBCNEWS Unspun World with John Simpson July 2, 2024



or five years ago that the conservatives got a majority of 80 and they are now potentially heading into a labour landslide territory. is the ultra violent islamic state movement making a comeback around the world? the group started to gradually pivot towards africa, sub saharan africa, and they had branches in nigeria, drc, the sahel. and on a hot and stuffy day here in london, must we all get used to living with torrid heat? i mean, it s thought that there are going to be ten air conditioning units sold every second for the next 20 years, which is this astonishing number. tax hikes in. the british election campaign has been mercifully short, and we ll know the result in just a few days. politics in this country have been pretty chaotic since the day injune 2016 when people voted by a fairly narrow margin to leave the eu. boris johnson, liz truss and jeremy corbyn none of these were the kind of political leaders who would probably have emerged in more predictable time ....

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BBCNEWS Unspun World with John Simpson July 2, 2024



record breaking fifth glastonbury headline set, with a few suprise guests. country star shania twain takes to the stage this afternoon, with r&b singer sizza closing the festival tonight. now on bbc news, unspun world withjohn simpson. hello and welcome to this edition of unspun world, here at the bbc s international headquarters in central london. if labour wins the upcoming general election here in the uk, could that become a poisoned chalice for them? where we clearly are is political volatility because it s only four or five years ago that the conservatives got a majority of 80 and they are now potentially heading into a labour landslide territory. is the ultra violent islamic state movement making a comeback around the world? the group started to gradually pivot towards africa, sub saharan africa, and they had branches in nigeria, drc, the sahel. and, on a hot and stuffy day here in london, must we all get used to living with torrid heat? i mean, it s thought that ....

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BBCNEWS Newscast July 2, 2024



and our political correspondent jack fenwick. another busy day of campaigning, what stood out for you today? there s quite a bit to choose from. it certainly has been another busy day. once again, a theme we ve seen so far in this election is that the economy is really front and centre. we ve heard in the last few minutes how labour have had this letter signed by various business leaders saying they think labour is the way to go in the selection, we ve heard rachel reeves has been out talking about the economy as well. this is all part of labour trying to say they are a changed party since 2019 when jeremy corbyn they are a changed party since 2019 whenjeremy corbyn led the party into that particular election. keir starmer and rachel reeves, and the rest of the labour party think that voters want to be reassured that they will be a safe pair of hands, if you like, if they are in charge of the economy. but there s also a note of caution darrenjones covid labour s shado ....

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