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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. joining me now is steven blitz, chief us economist, ts lombard. hello and welcome to the programme. hello and welcome to the programme- hello and welcome to the - programme. what are programme. thank you. what are ou programme. thank you. what are you expecting programme. thank you. what are you expecting later programme. thank you. what are you expecting later today? - programme. thank you. wha ....

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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 chinese engineering, the fact it was chosen overjapan s offer is a vote of confidence in china. the truth is that countries like indonesia are hungry for infrastructure and china is more than happy to provide it. but china cannot provide everything. this is boeing s brand new office injakarta. the president and i started meeting. the relationship goes back a long way. indonesia is wary of the ch ....

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BBCNEWS Asia July 2, 2024

a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china that benefits both countries over time. her comments come ahead of a potential meeting between presidentjoe biden and xijinping next week. since the leaders of the world s two most powerful nations last met in bali, a lot has changed despite us restrictions on high tech products over the last few months, us china relations have actually improved. both sides are keen to find more ways to cooperate on economic issues. translation: thank you, madam secretary, for your remarks. - it would give me great pleasure to meet with you again in the beautiful city of san francisco. it is less than four months since we last met in beijing and we had in depth discussions on topics of mutual interest. the efforts of these two superpowers to stabilise their relationship comes against an increasingly complicated backdrop a ....

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BBCNEWS Asia July 2, 2024

economic tsar. the united states has economic tsar. the united states has no economic tsar. the united states has no desire - economic tsar. the united states has no desire to . states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china with benefits to both companies over time. , . ,. benefits to both companies over time. . ,. , time. janet yellen sc comments become between time. janet yellen sc comments become between joe time. janet yellen sc comments become between joe biden - time. janet yellen sc comments become between joe biden and| time. janet yellen sc comments l become between joe biden and xi become betweenjoe biden and xi jinping next week. the two most powerful nations met in bali a lot has changed despite restrictions on high tech products over the last few months for the us china relations have ....

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BBCNEWS Asia July 2, 2024

economic tsar, mr he. the united states economic tsar, mr he. the united states has - economic tsar, mr he. the united states has no - economic tsar, mr he. tie: united states has no desire economic tsar, mr he. tte: united states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china that benefits both countries over time. . ., , . ., benefits both countries over time. , ., ., time. her comments come ahead of a potential time. her comments come ahead of a potential meeting time. her comments come ahead of a potential meeting between l of a potential meeting between presidentjoe biden and xi jinping next week. since the leaders of the world s two most powerful nations last met in bali, a lot has changed despite us restrictions on high tech products of the last few months, us china relations have actually improved. both s ....

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