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BBCNEWS Asia July 3, 2024 - Vimarsana News

BBCNEWS Asia July 3, 2024

others, like china's "unfair trade policies" and preventing access to advanced us technology. and on the chinese side, president xi reportedly called us support for any taiwanese independence effort "a red "line" and accused the us of trying to suppress china's development of advanced technology. over four days of meetings, treasury secretary janet yellen is expected to meet with some china's top political and economic officials, as well as american business leaders and chinese professors and students. she is expected to warn china against flooding the market with cheap clean—energ...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

in a battle for global economic dominance, plenty of countries are paying close attention to what it might mean for them. widodo�*s indonesia is no exception. from jakarta our asia business correspondent nick marsh, reports. this is a country on the move. super high—speed rail has come to indonesia. this was built by chinese engineers and financed with chinese loans. once upon a time indonesia's largest trading partner was the us. that train has left the station. now, it is china. they were given the nod to build this over america's ally and the master tree makers, japan. this tr...

BBCNEWS World July 2, 2024 - Vimarsana News

BBCNEWS World July 2, 2024

welcome to our look at the top business stories. i'm lukwesa burak. today, global markets will be watching the latest us inflation data for clues as to whether the federal reserve might move again on interest rates. inflation was 3.7% over the 12 months to september — which is the same rate recorded for august. while inflation has cooled significantly from last year, it remains higher than the 2% target. this month, the us central bank held its key interest rate at its current 22—year high as it seeks to stabilise price rises, which had recently reached near—record levels. join...

BBCNEWS Asia July 2, 2024 - Vimarsana News

BBCNEWS Asia July 2, 2024

dominance, plenty of countries are paying close attention to what it might mean for them. widodo�*s indonesia is no exception. from jakarta our asia business correspondent nick marsh, reports. this is a country on the move. super high—speed rail has come to indonesia. this was built by chinese engineers and financed with chinese loans. once upon a time indonesia's largest trading partner was the us. that train has left the station. now, it is china. they were given the nod to build this over america's ally and the master train makers, japan. this train is notjust the testament to...

BBCNEWS World July 2, 2024 - Vimarsana News

BBCNEWS World July 2, 2024

no big surprise there, rates on hold but what does the bank of england thing happens next because it always got its eye on the future, hasn't it? yes, you are right. we saw this second hold in a row and i think what the expectation is going forward is that we will see interest rates higherfor longer. the chief economist at the bank of england has thought about this table mountain theory where interest rates go up and they are expected to raise at this elevated level for some time before we eventually see cuts, perhaps around august of next year, even a bit later. inflation is still r...