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BBCNEWS World Business Report July 7, 2024



profits but the money is rolling in as it benefits from high interest rates. and qatar looks to cash in on the world cup to boost its economy we have a special report from doha. financial markets reacted calmly as it emerged that rishi sunak is set to be the uk s next prime minister. the pound is broadly unchanged against the dollar and government borrowing costs stayed lower after commons leader penny mordaunt dropped out of the leadership race. but the new prime minister inherits a daunting in tray with the cost of living crisis soaring energy prices and rising inflation. not to mention the war in ukraine and brokering a good relationship with europe. our business correspondent theo leggett has more. the news that rishi sunak is the new leader of the conserve the new leader of the conserve the party and will therefore become the next prime minister of the uk is something international investors seem to have taken in their stride. there has certainly been no return ....

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BBCNEWS World Business Report June 4, 2024 04:45:00

Asia, hong kong, it is an interesting time for hong kong at the moment. i have noticed their markets have been pummelled this week, partly because of the leadership in china extending of president xi, the team around him etc. hsbc s position, you think? is an interesting position to be in, they are exposed to mainland china, and the assaults might result in a chinese real estate markets. and the uncertain future of hong kong will raise questions about their strategic direction in asia. not that they ll withdraw it all but they might rethink about where they are locating and how risky it will be in future, whetherfacing impediments there. it’s impediments there. it s interesting impediments there. it s interesting and - impediments there. it s interesting and we - impediments there. it s interesting and we will keep a close eye. thank you, good to talk about hsbc s numbers. let s bring in other business ....

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