for existing home loans. we're expecting commercial banks to cut rates by about 0.5%. the move is the latest in a string of measures introduced by beijing. tianchen xu, senior economist for china at the eiu. the three arrows of policy support is the monetary reducing through last tuesday the cost to the policy interest rise, and so on. a lot of monetary conversion efforts. the efforts to rescue the struggling housing market, the rate cuts on existing mortgages, subsidies on mortgages, subsidies on mortgage takers and there is

also the removal of the purchased restrictions in some of china's largest cities. finally, we haven't seen it yet but it is very likely that it is likely to rule out another round of fiscal stimulus. so this is, i will say that this is something we haven't seen in a couple of years, since the early 20105 after the financial project, it's a clear message that the government is willing to increase its support for the economic growth and people �*5 confidence. you mention two other arrow5, confidence. you mention two otherarrows, it confidence. you mention two other arrow5, it does have a target of 5% growth for this year. achieving 5% growth, it is already at the later stages of the year and looks like the

growth in the first quarter will probablyjust 4.6 or 4.7% and you need a lot more effort to really hit that growth target. talking of efforts to try and reboot growth, thailand will start handing out $300 to every citizen — part of a $14 billion stimulus package. the scheme has been criticised by economists, including two former central bank governor5 — who say it is fiscally irresponsible. the government rejects that, but has struggled to find sources of funding. japan's incoming prime minister has signalled continuity over the weekend as he makes key cabinet picks. shigeru ishiba won an unpredictable run off in the liberal democratic party leadership race last week. in a tv interview over the weekend, he signalled the need to keep the cost of borrowing low. around 85,000 port workers are expected to strike and it could cause shipping delay since

affect supply changes. it cause shipping delay since affect supply changes. it would be the first _ affect supply changes. it would be the first strike _ affect supply changes. it would be the first strike since - affect supply changes. it would be the first strike since 19 - affect supply changes. it would be the first strike since 19 77 i be the first strike since 19 77 affecting ports that handle about half of america's ocean shipping. it's officially the last day of the third quarter — and this year's 03 saw market volatility, spurred by fears of a slowdown in the us. concerns also that the federal reserve were too slow to lower the cost of borrowing, despite that rate cut earlier this month. let's bring in david kuo from the smart investor. he looked at the economy ahead of the us election. the federal reserve has sent a signal that interest rates have probably peaked, and what we are seeing around the rest of the world is that people are beginning, central bankers are beginning, central bankers are beginning to cut interest rates and as long as interest rates continue to be cut, then of course there's a good chance that markets could climb between now and the end of the year. but many markets already are at multiyear highs and that is worrying people. they are saying will earnings be able to

keep up with the stock market rises if earnings can, then i think you know there's a pretty good chance that stock markets will be fairly resilient and i think people will have a good end to 2024. 50 think people will have a good end to 2024.— end to 2024. so you're expecting _ end to 2024. so you're expecting it _ end to 2024. so you're expecting it to - end to 2024. so you're expecting it to come i end to 2024. so you're expecting it to come in positively?— expecting it to come in positively? expecting it to come in ositivel ? . ~ positively? yeah, i think there is every sign- _ positively? yeah, i think there is every sign. having - positively? yeah, i think there is every sign. having said - is every sign. having said that, some companies are struggling because what has been happening over the first nine months of this year if not last year, as many companies have been able to pass on their price increases as a result of inflation to consumers. but what we're hearing from many companies now is that consumers are getting a bit weary, they are getting a bit weary, they are finding it quite difficult to actually pay those prices and so i don't think we'll be able to get price increases any more but i think what companies will try and do is to be a little more creative in terms of how they pass on those price increases. we've all heard about translation where they actually reduce the size of things that they give to people. —— shrinkflation.

that's a tough one because i have a feeling it's kind of one and done for the rest of this year. i don't think he'll be able to cut interest rates any further. i think some of the problem with the fed is they have the dual mandate. they have the dual mandate. they have to look at inflation and also they have to look at unemployment, jobs. jobs figures are coming out of the end of this weekend of those job figures are strong then i would think that the federal reserve may hold off on many more interest rate cuts. the us election taking _ more interest rate cuts. the us election taking place _ more interest rate cuts. the us election taking place in - election taking place in november, it's a question we are asking all our guests weather it's the middle east are the economies around the world. what's your thought on how it getting compact markets with mike i a feeling that's probably one of the reasons why i think the federal reserve may be reluctant to cut interest rates, and whoever wins i think it's going to be quite inflationary. in it's going to be quite inflationary.- it's going to be quite inflationary. it's going to be quite inflationa . , ., inflationary. in the case of donald trump _ inflationary. in the case of donald trump it's - inflationary. in the case of donald trump it's a - inflationary. in the case of donald trump it's a case l inflationary. in the case of| donald trump it's a case of slap on tariffs and then cut

taxes, that is going to put money into the pockets of consumers and in the case of kamala harris it's going to be a case of... increased taxes and then use that money to spend within the economy. both those things are quite inflationary so they put the federal reserve in a very, very difficult position for 2025. the bosses of one of the companies involved the ai revolution is transforming workplaces across the world. and one group is best placed to unlock its potential — dyslexic thinkers. that's according to virgin group chief executive sir richard branson, who has launched the first online university to teach dyslexic thinking skills. rithika gupta went to find out how dyslexic minds can help to bridge the ai—skills gap. dominic mauracio, a psychology student with dyslexia, always struggled with spelling at school. with which i used to spell which as like the witch's hat instead of like, which place are we going to meet or whatever, like, uh, my b's and ds.

i would switch up all the time. but now he has other powerful tools at his disposal thanks to artificial intelligence. research finds that dyslexics are enthusiastic early adopters of ai. i'm not as good t making things as i am imagining them, so it's definitely learning how to create things, and it can definitely be helpful. and maybe that's where ai comes in. experiences like dominic's are the driving force behind the launch of the first university of dyslexic thinking, founded by virgin group's sir richard branson, who has famously called dyslexia his superpower. the online courses are aimed at teaching the world how to think like a dyslexic. and from speaking to attendees here, it's about seeing things differently that helps dyslexic minds to innovate. some of the greatest breakthroughs have been created by dyslexic minds like thomas edison's light bulb and steve jobs�*s iphone. at the event, a key focus is the ai revolution and how those with

dyslexia could unlock its full potential. ai is wonderful at spewing forth lots and lots of knowledge and lots of information, and dyslexics can then take that information and put it to good use. dyslexic people are imaginative and they can see... see what ai can't and they can bring it to life. the world economic forum predicts technology could eliminate 85 million jobs by 2025. but dyslexic thinking skills like creativity and curiosity can't be replaced by machines. it can't replicate art, can't replicate, uh, new ideas. it can only, uh, just, uh, do what it knows already. so while organisations adapt to the ai revolution, dyslexic thinkers could help to bridge the skills gap and drive future innovation. ritika gupta, bbc news. music streaming giant, spotify had a three hour outage on sunday.

the disruption affected about 40,000 people in the us — according to outage tracking site downdetector.com. spotify posted on x saying the issues have been resolved. but the music streaming giant has not yet explained what caused the outage. spacex has launched a mission to try and rescue two astronauts who are currently stranded in the international space station. the nasa astronauts' eight—day mission was previously prolonged due to a fault on the boeing starliner they travelled in. the new rocket launched on saturday has successfully docked at the space station. in fact we can take you to live pictures of everyone together, so you can see in the foreground of your picture, coming from the dragon capsule that carried nasa astronaut nick haig and cosmonaut alexander go to know if. butch

williams on the left of the six green, sonny williams on the other side of the screen, they are expected to return in february but they all look very happy and very comfortable in the international space station. and that's it for this edition of business today. thanks for watching.

all hello and welcome to sportsday — i'm jane dougall. storm clouds gather over eric ten hag as the manchester united manager suffers another defeat — losing 3—0 to tottenham at old trafford. there was rain in bristol too — but it helped australia win the five match one day international series against england.

and a race for the ages — tadej pogacar crowns a remarkable season by becoming the men's world road—race champion. we start with the english premier league and pressure is mounting on the manchester united manager after a 3—0 defeat at home to tottenham hotspur. it leaves the club 12th in the league. erik ten hag has only one victory in five premier league matches, while tottenham have four wins in a row in all competitions. micky van der ven set up brennanjohnson to score the first in just the third minute for spurs, before united went down to ten men when captain bruno fernandes was given a straight red card for a challenge on james maddison.