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BBCNEWS Asia July 5, 2024



seeinu economic recovery. we are seeing the economic recovery. we are seeing the stock-market . economic recovery. we are i seeing the stock-market rout seeing the stock market rout that has really gathered steam over the past couple of weeks is really a reflection of the fact that there is this unrelenting bearish sentiment when it comes to china in particular china s economy, so i don t think that curbing shortselling is really addressing the root cause of the problem that households, businesses, particularly in china, not feeling exuberant about the economic recovery, so this latest measure is really a band aid solution rather than finding an actual solution to the problem. es, finding an actual solution to the problem. finding an actual solution to the problem. a bit more about the problem. a bit more about the bigger the problem. a bit more about the bigger problem the problem. a bit more about the bigger problem at - the problem. a bit more about the bigge ....

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CNNW King July 5, 2024



are you a taylor swift fan? i have friends. i like taylor. i do think that it is over taylored right now. she s already made them pretty famous. she s made the chiefs famous? i think so. i asked my brother if travis kelce has always been good. travis kelce has always been good. from the cnn studios in new york city. it s king charles. not going to waste your time. with gayle king. and charles barkley. i m the 11th greatest karaoke singer alive. tonight, bob costas, and political historian leah wright. king charles starts now. going in, going in. we welcome you. we welcome to you king charles. i m going to try to get through this hour because a few moments ago, i walked into the glass at cnn so my lip is starting to swell a little bit. you look bright i mean you look great. my lip is starting to swell and it hurts to laugh. i m the person to hang out with if you don t want to laugh. and i hit my head. don t worry about that. have you ever ....

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CNNW The July 5, 2024



biden nationwide as biden fights for votes in the pivotal battleground state of michigan and both candidates gear up for the potential rematch this fall. stand by for our revealing snapshot of the race and new reaction. also breaking, sources say the former chief financial officer of the trump organization, allen weisselberg is in talks to potentially plead guilty to a perjury charge tied to a civil fraud investigation. we ll tell you what that could mean for him and possibly for trump. plus, historic testimony, on the stand defending her actions as prosecutors attempt to hold her criminally responsible for the slaughter carried out by her son. welcome to our viewers in the united states and all around the world. wolf blitzer is off today. i m alex marquardt. you re in the situation room. announcer: this is cnn breaking news. we do begin with that breaking news. cnn s exclusive new nationwide poll showing how voters view the widely anticipated trump/biden rema ....

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BBCNEWS World July 5, 2024



here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will r ....

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BBCNEWS Asia July 5, 2024



its outstanding debt. of course, evergrande has more than $300 billion worth of liabilities, reportedly, and it has been trying to come up with this restructuring plan and the judge has been postponing the decision up until now. whether or not this process will be followed remains to be seen because i have been speaking to a pot of expert to say that despite the one country to system slogan there are some thorny jurisdiction system slogan there are some thornyjurisdiction issues. so, even though, if this report is concerned, the liquidator will be appointed by a hong kong court, whether or not beijing would then recognise those liquidators remains to be seen. having said that, the ruling is confirmed is really significant and it will send a shockwave through china s financial markets because for many decades the real estate sector has been a main driver of china s economic growth and also there have been many other developers which have been defaulting just like evergra ....

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