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Transcripts For BBCNEWS Business Today 20241001

As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes ....

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241001

In almost 50 years. And india softens restrictions on rice exports. Well be live in mumbai. Welcome to business today, live from new york, i m ritika gupta. Us stocks inching lower this morning but, Wall Street is set to end september on a high. And earlier today, we saw a strong rally in asia chinese stocks surging 8. 5 off the back of more stimulus introduced by the chinese government. Joining me now is bob doll, ceo of crossmark global investments. Thanks forjoining us. Chinese stocks post their biggest one Day Rally since 2008, not seeing that feed into us markets. What are your thoughts on adding china to your portfolio . We are still sceptical. There is no question the government took a week ago are very strong, positive for china internally, but we are not sure that will spur much more demand and that is what they need. China is facing with their
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Transcripts For BBCNEWS Business Today 20240930

On mortgage takers and also removal of purchase restrictions in some of china s largest cities. Finally, we have not seen it yet but it is very likely that they are likely to have another round of fiscal stimulus. Likely to have another round of fiscalstimulus. I likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, ever since the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. Japan s incoming prime minister has signalled continuity over the weekend as he makes key cabinet picks. Shigeru ishiba won an ....

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Transcripts For BBCNEWS Business Today 20240930

Largest cities. Finally, we have not seen it yet but it is very likely that china is likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, not since early 20102 after the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth and people s confidence. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. The japanese market has fallen by more than 4%, a reaction to the leadership contest for the country s next prime minister. He is a known critic of the extraordinary stimulus and has signalled he would support more interest rate hikes. A stronger currency ways on r ....

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Transcripts For BBCNEWS The Global Story 20240930

The job of president of the United States is one which has long stretched beyond its national borders. But this Years President ial candidates, Donald Trump and Kamala Harris, have very different ideas about how to manage americas complicated relationship with other powerful nations. The outcome of the 2024 us election could have far reaching impacts on people across the globe. So what is Americas Place in the world today, and how would Donald Trump and Kamala Harris shape that role . Im speaking with our chief international correspondent lyse doucet. Hi, lyse. Hello, sumi. Really good to, well, not face to ....

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