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CNN Early Start With Christine Romans June 4, 2024 09:50:00

Your roman s numeral is 22. central bank raising the lending rate by a quarter point just a month after pausing to assess the state of the economy. and jerome powell says another increase remains an option. i would say it is certainly possible that we would raise funds again at the september meeting if the data warranted. and i would also say it is possible that we would choose to hold steady at that meeting. we ll be making careful assessments meeting by meeting. and this marks the 11th rate hike since march 2022. looking at markets around the world, asian markets closed mixed. hang seng surged after volkswagen agreed to invest $700 million in a major chinese ev maker. european markets are higher ahead of the rate hike decision. and stock index futures are leaning higher after a remarkable day for the dow, 13th straight day hire, that has not happened since 1987. ....

Lending Rate , Central Bank , Jerome Powell , 11th Rate Hike , Hang Seng , 2022 Looking , 00 Million , 700 Million , March 2022 , Dev Maker , Rate Hike Decision , Stock Index Futures , 13th Straight ,

BBCNEWS Asia Business Report June 4, 2024 01:32:00

For a state visit. he earlier chatted with tesla s boss elon musk in new york, who said the ev maker will try to be in india very soon. mr modi s visit is expected to see both countries expand their cooperation in defence and high technology sectors. singapore based tech trade grab is laying off 1,000 employees. that s about 11% of its workforce. its chief executive said that the move was needed so that the company could reorganise to work faster and smarter. now, this is the first time grab has cutjobs since 2020, when the covid i9 pandemic hit demand for its services. german manufacturing giant siemens is expanding its footprint in asia. it announced it was setting up a new plant in singapore and it still has a healthy amount ....

State Visit , Dev Maker , Elon Musk , New York , Narendra Modi , Roland Busch , Tech Trade Grab , Southeast Asia , Hit Demand , Covid I9 ,

CNN Early Start With Christine Romans June 4, 2024 10:52:00

This hour moving a little bit higher here. stocks finishing flat. ibm is the latest tech giant to slash jobs set to eliminate 3900 jobs. key gdp data due out later this morning. the u.s. economy expected to have expanded by a little more than 2 1/2 percent. weekly jobless claims set to be released at the same time. on inflation watch, gas prices pennies. let s bring in dan ives from wedbush. big report from the ev maker. bouncing back. you were on the earnings call yesterday. what stood out to you? look, this is tesla s super bowl in terms of what s been a dark few months for musk as well as tesla. a major bright spot. i think demand story in 2023 pretty upbeat. china coming back with price ....

Gdp Data , Tech Giant , U S , Inflation Watch , 2 1 , Big Report , Gas Prices , Dev Maker , Dan Ives , Super Bowl ,