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BBCNEWS Asia Business Report June 4, 2024 23:37:00

China s a comrie is already sputtering and japan is already under approving underperforming so a bit of support by the exchange rate is a good thing. the problem is the economic side effects of these kinds of things. inflation is rising, so a weaker currency means more important inflation through basically energy markets, food markets. then there is geopolitics. if the yen and yuan continue to grind lower, when does the us, when does the g7 step up and say, hey, stop this trend. when do politics begin to intervene into this trend, if you will, before authorities are initiated. the mobile game developer behind pokemon go is laying off one fifth of its workforce as part of a reorganisation. niantic s chief executive said the company is also narrowing its gaming and investment focus. as part of the reorganisation the firm will also stop work on two titles. niantic launched ....

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BBCNEWS Newsday June 4, 2024 23:29:15

Transcripts for BBCNEWS Newsday 20240604 23:29:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

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BBCNEWS Asia Business Report June 4, 2024 23:35:00

Focus continually going forward- focus continually going forward. , , ., ., focus continually going forward. ,, ., ., ., , forward. in less than two hours we will get forward. in less than two hours we will get that forward. in less than two hours we will get that latest - we will get that latest manufacturing data from china and we will have more analysis on asian business reports are due dates stay tuned for that. well, that slew of soft economic data has also hit china s currency the renmenbi. beijing recently took action against the sliding currency for the first in almost eight months. with state banks putting a floor under the yuan. the value of the yuan in china is tightly controlled by the government. but it s not the only country in asia that s seeing its currency slide the japanese yen too, is weakening. and investors are watching to see if authorities there will intervene. william pesek is a columnist and author focusing on economics in asia joined us earlier. he exp ....

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China Sells Dollars in Desperate Bid to Keep Yuan Afloat

China's central bank pushes a massive sale of dollars by state banks in a desperate bid to prop up the cratering yuan. ....

Zhoul Maohua , People Bank , Everbright Bank , Chinese Communist , Moh Siong Sim , Breitbart News , Global Times ,

Sealed charges in South Korean court detail plan to steal Samsung secrets for Foxconn China project

SEOUL, June 27 When former Samsung executive Choi Jinseog won a contract with Taiwan’s Foxconn in 2018, he tapped his former employer’s supplier network to steal secrets. ....

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