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BBCNEWS BBC News June 4, 2024 01:29:30

Transcripts for BBCNEWS BBC News 20240604 01:29:30
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United State , Asia Business Report , Marika Oi ,

BBCNEWS Asia Business Report June 4, 2024 01:35:00

Expect deflation come through and that s driven off two factors, the first being expect households to gradually regain some of the mentor through the second half of the year and come back to stimulus. the other is a weak currency. the light of the cost of chinese imports so they will import a bit of high prices for the next couple of months and that should see inflation averaged about 1% through the year. thank you forjoining us on the programme. as harry said, the slew of soft economic data has been heading the chinese currency, and beating has recently ta ken currency, and beating has recently taken action against the sliding currency for the first time in almost eight months. the value of the yuan in china is tightly controlled by the government but also not the only country in asia but seeing the currency slide. earlier i spoke with william pesek, and author of asian ....

Ta Ken Currency , William Pesek , Asian Economies , Currency Slide ,

BBCNEWS Asia Business Report June 4, 2024 00:35:00

With analysis. stay tuned for that. that s a soft economic data that s been heading chinese currency. the bodingly took action has a currency for the first time in almost eight months. the value of the chinese yuan is tightly controlled by the government but it s also not the only country in asia that sees its currency slide. the japanese yen is also weakening and earlier i spoke with an author focused on asian economies have explained if tokyo might intervene. i explained if tokyo might intervene. explained if tokyo might intervene. . , , , intervene. i am surprised the so; intervene. i am surprised the 30] has intervene. i am surprised the boj has been intervene. i am surprised the 30] has been quiet intervene. i am surprised the 30] has been quiet of - intervene. i am surprised the 30] has been quiet of late i intervene. i am surprised the| 30] has been quiet of late and boj has been quiet of late and very tolerant of the weaker yen. there are great expectations now that we ll ....

Currency Slide , Japanese Yen ,

Gold nears March low as dollar strengthens

Rising interest rates and an emboldened greenback cast a shadow over non-yielding bullion, pushing prices down ....

Christopher Wong , Jerome Powell , Gold Prices , Federal Reserve , Spot Gold , Dollar Index , Rate Hikes , Us Jobless Claims , Personal Consumption Expenditures , Asian Shares , Spot Silver , Usiness Live ,

Buenos Aires Times | Argentina to pay US$2.7 billion as IMF negotiations continue

Government set to make payment due in June to the International Monetary Fund. In order to avoid a further dollar haemorrhage, payment will be made in part in Chinese currency, with the rest from unused Special Drawing Rights. ....

Alberto Fern , Sergio Massa , Central Bank , International Monetary Fund , Economy Ministry , Economy Minister Sergio Massa , Kristalina Georgieva ,