Skip to main content

tv   Business - News  Deutsche Welle  September 6, 2023 11:15pm-11:31pm CEST

11:15 pm
the, the, and the software now chris cobra will be here after the break with thing w business. apples feel to a long term partnership with chip maker. our more news is always our website that is d, w dot com from all of us here. and ryland, thanks so much for watching the, enjoying the views, and kind of take a look at this. our tv highlights every week. email inbox, subscribe now. really do become a criminal free crime. a i already told me is to paralyze entire societies computers that much of the governments that go crazy for your data. we explain
11:16 pm
how these technologies work, how they can help they go well that's how they can also go terribly. now the, they fresh deal on the back of the shared history. think try and apple incense and make a arm sign, a new long term agreement as arms trying to war investors prior to his upcoming appeal full of experts and also coming up as real estate developer country garden pulls back from the brink of the fault. we take a look at what it means for china's in paddled housing park. i'm 1st coldwell, welcome to the program. apple has signed a deal with printers, chip designer, arm. it's for chip technology,
11:17 pm
the company intends to use beyond the year 2040 are a subsidiary of japan soft bank. oh is the intellectual property behind the computing architecture? for most of the world, smartphones, including models made by apple. the iphone maker has been using on technology for decades, actually going back to 1990 time arm has become dominant in mobile phone ships because of its low power consumption, which helps batteries last long as well as also known as a number of large technology companies that this week invested more than $700000000.00 in arms, initial public offering. the ship makers management kicked off its road show on tuesday trying to woo investors, arm disclose that it aims at bossing between $48.00 and $52000000000.00 by going public. which would make it the largest such deal in the united states this year.
11:18 pm
right. that's good. the opinion of then i was on this. he is managing director of the web based securities and he's keeping a close eye on what's happening in the tech trust sector. lock them back to the show them valued at between $48.00 and $52000000000.00. is that for a value? i mean, industrial revolution, let's find out right now to our arms position on the chips on there on those in spot. and i think that's why you've seen some of these in the masters here. and there's a lot of exciting. i mean, this is been obviously really ice cold year. 5 q is even the last year's an attack and i think it shows we're starting to see the different environment terms of this and i arms or it's speaking of adults bought. i mean, our competitor, india, is making a lot of money producing and selling serves that are essential to running, hey i applications, how do you see arm stacking up against this? or why a big law? i mean,
11:19 pm
today is going to be the is world everyone else and right. when you look out, when you look at arm, when you will get a m d, this is really going to be of golden goose for the check makers. i think more arms position and for soft time this has been a fox the most of the moment to get this out. i, i really do use a key time as much knology cycle. so let's take a look at the deal that are meant apple inc, this week a, they share a long history going back into the 90 ninety's. how important is this new long term agreement for our med for apple? i mean 9. maybe you can add on, especially then produce neuron chips. it's more, more important to them now just the, on their own acro system, but they have the honors at some point. i think they recognized bars through the trees and arms gonna be time bigger and bigger choir here, i think was smart to lock them up here rather few years and now just given price
11:20 pm
concessions. now, as arm is wanting to go public soon, we mentioned about the valuation between $48.00 and $52000000000.00. do you see any pitfalls for the company, whether it's fine going for execution story? i think all of these, especially ones have a bright spotlight under and i'm in, i think it's one where it's not just investment. understand me, why not? because this is a very highlands, this is an offering. and it's you who's moving boxes and it comes in a very important cycle where, you know, we've, we've been new, tactful market, has already begun. and this is something that i think everyone taking note of in terms of oncoming at this time. that ice of web are securities then as always, thank you for your thoughts. thank you. i. it's not just some of the global business stories making news. european commissioner in charge of competition issues
11:21 pm
has stepped down. lack of a domestic are the long term scourge of tech company is, is a candidate for the presidency of the european investment back belgium's dd renders takes over temporarily while she is chasing the e i. b job. the german government has put as a budget for 2024 and nearly 446000000000 euros, expecting to spend 30000000000 euros less than last year. cuts are a central pillar of the government's to and this is friday to do a strategy to be able to reach our economy without raising taxes are taking on more depths. details of the budget are being negotiated over the next few days. and part of you want to know and kind of interest united owners appear to have scored an own goal shares and the famed football team solve their biggest, ever one day fall after a report that the teams us owners are going to take the club off the market, apparently no potential buyer had matched the clubs asking price.
11:22 pm
china ordered it's government officials not to use apples, iphones and other for brand new devices for work that's according to a report by the wall street journal. this comes out to beijing's campaign to cut reliance on foreign technology and enhanced cyber security by limiting flows of sensitive information. outside of time is border this trouble chinese property developer. a country garden, nevada default this week as made interest payments on bonds, hours ahead of a grace period deadline. last week, the company reported a record nearly $7000000000.00 loss in the 1st half of the year. and our country garden has become a symbol of the crisis of the chinese real estate sector. but even as the central government rolled out a raft of measure as the boss of the market, many consumers say it is still too expensive to buy homes. here in shanghai homes stand empty,
11:23 pm
an entire buildings incomplete. that's because many property builders have run out of cash, but still real estate remains expensive to susan's allies. oh, well, i wouldn't want to buy a house right now. to be honest, no matter what policies come out, it won't reach the point where ordinary people would want to buy a house. it's a good way to you. on friday vision did start rolling out measures to try to encourage people to buy, including lowering mortgage rates for 1st time home buyers. but analysts aren't sure it's lower rates will put homes within reach of average people. even though sales are crucial to the health of the market. so expect they will be stabilization for their police cells. and hence they pa season for a public place. and then if the cells continue to decry on to not have material impacts from the policies,
11:24 pm
and then we may continue to see the price decline here. china has had an, an even economic recovery since it reopened post coded. and the property sector has seen massive debt problems and been on the decline since 2021. real estate contributes roughly a quarter to the chinese economy. but it's been a headache for years. as before country gardens, there were similar default concerns around developer. ever grand. but prices haven't declined as much as many potential home buyers would like. in shanghai, property is at least 50 percent higher than before. the pandemic began a price cool down or housing implosion. the sector is walking us in line as interest payments for indebted developers continues to rise, sky high for more, let's close over to type a and dw correspondents. each in li union has this payment is pulling back from the
11:25 pm
brink of default. changed anything among investors in the way they look at the country garden. so what i can show you is that it shares the search a little bit right after the company's state of the in need of the crisis. for most investors as thing do this about the prospect thinking that country garden, one of china's because real estate developers, is far from getting back on track. lately, some chinese media also reported from anonymous sources. the company is now seeking to postpone the repayment of 7 additional loans following one postponement in mentors to get a few days ago. so the fact that country god avoided default on 2 funds this week has filled optim this and indeed, and long something investors. but whether the firm is able to escape the crisis is doing ongoing development. many are keeping an eye on me. so no major change and attitude towards country garden here. what will have to happen for the cash
11:26 pm
strapped company to continue making these payments. um, as i said, um kindergarten is reportedly trying to postpone wherever the payments of that it just shows that the company is trying to buy more time for itself. but whether or not to consult the proposal fell through. there is certainly more to be down to meet next few that lies including trying to deliver homes to buyers on time because quite a huge amount of it says come from pre sales deposit from home buyers. so asper, suggest that once they sort out the issue with pre sales, there is that one thing so massive, but of course, all these won't be easy because last week, the property jayenne also reported a red cord, high loss for the 1st half of the year. so, you know, making a few crucial payments doesn't mean that our country guarding is now out of their
11:27 pm
woods. right. so what, what a default of country garden, which is still an option. i mean, for the chinese property sector as a whole, it's sort of the, i shoot a red flag for a potential collapse of the chinese real estate market because kindergarten in the past was consider an example are in the sector having a track record of strong financial performance so many of the servers said it's concrete garden for speaker indicated that a bigger financial story may be approaching a chinese property sector and configure a domino effect. um, also a chinese business man and exile also told our new savings high pay that there will be no rebuilding chinese poverty market because the home ownership rate in china is $1.00 of the highest in the world. if the real estate market goes now, chinese home owners will be seeing their wealth string came in that case. he
11:28 pm
believe it is nearly impossible for the consumption ray to revive a dw corresponded usually reported there from taipei. and here's a reminder of the top of business story we are following for you at this, our soft bank groups are, is seeking a valuation between $48.00 and $52000000000.00. in this initial public offerings. diverse hip designer kicked off the marketing campaign toward this week to investors for what is expected to be the biggest us stock market floatation of the year. and the address of our show for more check out our website at www dot. com slash business. add the dw, use youtube channel, chris kolber and roland, thanks for watching. a very successful the
11:29 pm
how about is 50 and she has diabetes? luckily, illness has found early, but she lives in sierra leone. when knowledge of diabetes and its medical treatments of an age of the nice ation wants to change that giving hama logo next on d w. the spanish government is fulfilling is campaign promises the by increasing the minimum wage. it moves to boston, which is but isn't enough to do. and then to cease also said in germany, in 16 minutes on d. w. what secret slide we discovered
11:30 pm
we would inches in $360.00 degrees and explore fascinating. both heritage dw world heritage, 360. now the rustling against fields. 2 young men in turkey determined to fight the way out of poverty. the dangerous and unknown diabetes effects thousands of people mc already and what's urgent needed is education and medication. and harnessing the mists in lima, people have to be creative to access the.

22 Views

info Stream Only

Uploaded by TV Archive on