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BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

and she explained how she viewed relations between the two countries well, trade relations, like other parts of the us relationship with china are tense. while a lot of trade still continues to flow up between the two countries, export restrictions remain in place, and china is increasingly imposing regulations, making it very tough for us companies to operate in their country. it's interesting, because economic ties still happen, discussions of geopolitical issues on the defence front just shut down. now we have bill gates, elon musk visiting china. should we feel a bit more positiv...

BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

were bitter rivals, each engaged in lawsuits against one another. now, the mega—deal essentially created a whole new golf association led by the saudis. created a whole new golf samira hussein there. created a whole new golf meanwhile, a usjudge has granted a request from prosecutors to try some of their charges against cryptocurrency exchange ftx's founder sam bankman—fried in a second trial next year. the 31—year—old will still stand trial this october over charges stemming from the collapse of the now—bankru pt firm. mr bankman—fried has pleaded not guilty to fraud and...

BBCNEWS Asia Business Report June 4, 2024 01:30:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:30:00

The us and china hold what's been called "candid" and "constructive" talks in beijing — as both countries look to improve relations. and one of the biggest airshows in the world kicks off this week — the main theme this year is sustainability. hello and welcome to asia business report. i'm monica miller. us secretary of state anthony blinken has held what's been called "candid" and "constructive" talks with his chinese counterpart. relations between the world's two largest economies have taken a beating in recent years — this is the first time the head of america's diplomatic corp has vi...

BBCNEWS Asia Business Report June 4, 2024 01:35:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:35:00

On the cost of borrowing. it's theirfirst meeting since president erdogan won a new term in a recent election runoff. the turkish lira is currently on its longest losing streak in over two decades. also due this week — us fed chairjerome powell will deliver the second of his twice—yearly reports to congress on monetary policy. analysts are hopeful they'll get more clarity on what the fed intends to do next. there have been growing concerns that monetary tightening is pushing the global economy into a recession. earlier, i spoke with steve cochrane of moody's analytics and he told me if we ...

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

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

And one of the things i will be looking at over the next day now is whether there is a pathway for the secretaries on the economic team for president biden to visit beijing in the coming weeks are coming months. some of these companies, apple, for example, we have seen recently opening up stores in india, and foxcon is moving its supply chain parts to india. how worried should china be that these geopolitical tensions are getting in the way of their own economic prosperity? well, i think they should be worried because the word on the street is "diversification", and i think if you are a us com...