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BBCNEWS Asia Business Report July 6, 2024

from consumer companies like microsoft, samsung and intel. the technology sector has enjoyed rapid growth during the pandemic but they now face inflation fears and are operating in a higher interest rate environment. there been higher cost saving measures going to place, for example meta announced it will cut 10,000 morejobs this month that s on top of 11,000 jobs that s on top of 11,000 jobs that go last november. the deputy chief investor at richard bernstein investors is not optimistic about the stocks in the us. i not optimistic about the stocks in the us. ., , ., , in the us. i don t see any reason in the us. i don t see any reason to in the us. i don t see any reason to suspect - in the us. i don t see any i reason to suspect anything different from what we have seen. both from these companies over the past few quarters but also from the companies we have heard from this earnings season. what s clear is that growth is slowing and that is hurting these compan ....

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BBCNEWS Asia Business Report June 4, 2024 23:33:00

Might experience rc in the next week? . , ., week? clearly there are similarities week? clearly there are similarities in week? clearly there are similarities in that - week? clearly there are| similarities in that some week? clearly there are i similarities in that some of these and markets overlap a between china and the us but i think the thing that chinese stocks have going for them is that they have been decimated much more than stocks in the us, and so they are much cheer cheaper and more out of favor. the good thing is that they have this domestic exposure to the chinese economy which is one of the few markets in the world that is accelerating while the rest of the world is taping into a global profit recession, china has been in a profit recession and is recovering from that. from that perspective, there is reason to think that chinese tech docs may fare better. think that chinese tech docs may fare better. that is dancer susie from may fare better. that is dancer susie ....

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