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Enphase: Bad News Baked In, Shares Stabilizing Ahead Of Q1 Earnings (NASDAQ:ENPH)

Enphase: Bad News Baked In, Shares Stabilizing Ahead Of Q1 Earnings (NASDAQ:ENPH)
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Oracle Unveils Cloud Strategy to Propel Business Transformation for Indian Market

Oracle Unveils Cloud Strategy to Propel Business Transformation for Indian Market
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Asia Business Report

volumes are now coming back in the last week since these offshore platforms have been banned. bloomberg quoted industry experts saying nearly $4 billion worth of crypto currency assets have been traded on offshore platforms and that could be a bunch of money that is evading taxes on indian soil and that is the reason. before we go looking at other key economic events on the calendar this week, india is due to release december trade data on monday. the country's trade deficit talents surged to a record level last year. mid week, a lot of attention will be on china as the world's second—largest economy is set to unveil a slew of data, including growth figures for the final quarter and all of last year. also the five—day annual meeting kicks off in the swiss alps resort of davos.

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World Business Report

also says it is keeping a very close eye on what is happening in the red sea. the knock—on effect of four example these attacks on oil tankers and, of course, the rerouting of shipping will have to see exactly what happened. price is not shot up dramatically since the us started attack these spacesin the us started attack these spaces in yemen, although obviously we will be keeping a close eye on that. as well, everybody involved in looking at inflation and monitoring it and assessing what this will mean for the path of interest rates going forward.- mean for the path of interest rates going forward. thank you very much _ rates going forward. thank you very much indeed. _ rates going forward. thank you very much indeed. if— rates going forward. thank you very much indeed. if you - rates going forward. thank you | very much indeed. if you would like to read more about that point that i just like to read more about that point that ijust raised and what the treasury have been doing, do head to the business page on the bbc news website and there is an article there byjonathanjosephson and there is an article there by jonathan josephson the and there is an article there byjonathan josephson the bbc�s faisal byjonathanjosephson the bbc�s faisal islam as well. to the uk now, and fears that the economy could be in recession could be heightened today, with another set of weak growth figures.

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Asia Business Report

conference was whether this rate increase was the last or would it hike again later this year. fed chair, jerome powell, would not be drawn. i would say it is certainly possible we would raise funds again at the september meeting, if the data warranted it, and i would also say it is possible that we would choose to hold steady at that meeting. mr powell was clear however that the fight against inflation is not over. policymakers inside america's central bank remain concerned that the world's biggest economy, well, that it is still growing too fast for inflation to fall back to its 2% target. everything from travel bookings to the sale of concert tickets, and even the success of the barbie movie's opening weekend at the box office, were all signs that americans are still spending. the latest us growth figures, due out on thursday, are likely to confirm a moderate expansion. so, for now, the fed is still hoping it can get inflation under control without triggering a recession. earlier, i spoke to frederic neumann from hsbc,

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Asia Business Report

further, with inflation showing prices rising more slowly than a year ago, the key question at the press conference was whether this rate increase was the last or would it hike again later this year. fed chair jerome powell would not be drawn. i jerome powell would not be drawn. ., , drawn. i would say it is certainly _ drawn. i would say it is certainly possible - drawn. i would say it is certainly possible we i drawn. i would say it is - certainly possible we would raise — certainly possible we would raise funds again at the september meeting of the data warranted, and i would also say it is possible that we would choose _ it is possible that we would choose to hold steady at that meeting. mr choose to hold steady at that meetinu. ~ ., ., , choose to hold steady at that meetinu. ~ ., .,, . ., meeting. mr powell was clear however that _ meeting. mr powell was clear however that the _ meeting. mr powell was clear however that the fight - meeting. mr powell was clear| however that the fight against inflation is not over. policymakers inside america's central bank remain concerned that the world's biggest economy, well, that it is still growing too fast for inflation to fall back to its 2% target. everything from travel bookings to the sale of concert tickets, and even the success of the barbie movie's opening weekend at the box office were all signs that americans are still spending. the latest us growth figures, due out on thursday, are likely to confirm a moderate expansion. so for now, the fed is still hoping it can get inflation under control without triggering a recession.

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Newsday

Newsday
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Asia Business Report

the cptpp, becoming it's only remember out of region. the partnership also includes australia, new zealand, canada, chile, japan and malaysia and will add about $2 billion to the economy. an annual increase of gdp of 0.08%. despite that, the business and trade minister kemi badenoch described it as an important step for britain. we are honoured to become the cptpp's first new member and to join this extraordinary community of now 12 economies spanning asia, the pacific and now europe. this is a modern and ambitious agreement and our membership of this exciting, growing forward—looking block is proof uk's doors are open for business. let's turn to china because the world's second biggest economy is due to report its latest growth figures in just about an hour.

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Asia Business Report

figures injust report its latest growth figures in just about an hour. for the second quarter, we will also get the reading injune, reading for unemployment as well as retail sales and all eyes are on the yet to be seen post pandemic rebound. earlier, i spoke to the chief asia—pacific economist. she told me the had planned growth figures due to be released later today is to be put into context. i later today is to be put into context. ~ . context. i think the headline gdp growth _ context. i think the headline gdp growth number - context. i think the headline gdp growth number could i context. i think the headline| gdp growth number could be context. i think the headline i gdp growth number could be a little bit misleading because, for the second quarter, beyond your growth could be around 7%, which is much higher than the 4.5% you just mentioned. this is all because of a low base last year. we all remember the shanghai lockdown last april and may. from a sequential price momentum, we actually see the economic growth has slowed white notably in the second quarter as the demand is

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World Business Report

good to have you on the programme. are you worried about these growth figures? i think in the context it is, so last year china was handling a significant outbreak of covid—19, leading to widespread economic lockdowns. setting a relatively low baseline so it is not surprising that we have surpassed the growth in second—quarter if we turn our attention to the quarter over quarter growth, we see a different story and the growth rate has indeed decelerated quite remarkably from quarter one. and one majorfactor causing this slowdown is the housing sector which we are more concerned with so to avoid deterioration from here, it needs to indeed introduce more easing. needs to indeed introduce more easinu. ~ . , needs to indeed introduce more easin. ., , .,

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