Stock markets stable after China trade warning
Stock markets around the world have stabilised, after fears of a slowing global economy sparked a big sell-off on Wednesday.
Stock markets around the world have stabilised, after fears of a slowing global economy and the US-China trade war sparked a big sell-off on Wednesday. We get analysis from Cary Leahey of Decision Economics in New York. On Thursday the Hong Kong government unveiled a $2.4 billion package to support a slowing economy as escalating political protests and the prolonged U.S.-China trade war weigh heavily on the Asian financial centre. Our reporter Leisha Santorelli explains what the rescue package hopes to acheive. The UN Security Council is scheduled to meet on Friday behind closed doors to talk about Kashmir. We ask Indian Kashmiri author Mirza Waheed what he would say to the diplomats, if he could get back into the region. And we look at the hype around 3D printing and why it hasn’t lived up to its reputation – it turns out the machines used too much electricity, the materials were expensive and sometimes printing items took far too long.
All this and more discussed with our two guests throughout the show: Tony Nash, Chief Economist at Complete Intelligence in Houston, Texas. And Mehmal Safraz, Co-founder of The Current PK and and an analyst at Geo TV's Report Card, in Lahore.
(Photo: A trader gazes up at the New York Stock Exchange. Credit: Getty Images.)
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- Fri 16 Aug 2019 00:06GMT´óÏó´«Ã½ World Service
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Business Matters
Global business and finance news and discussion from the ´óÏó´«Ã½