Skip to main content

tv   Business - News  Deutsche Welle  September 7, 2023 1:15am-1:31am CEST

1:15 am
for last year, but his 3 point shot nearly missed for the clock expired. germany will face the united states in this any final on friday. that's all for now. chris kolber will be here after the break was dw business. i'm on the on ease of thanks for watching and stating the pricing strategy issues with a lot say what crazy. the you'll see about the video that goes enabled other data media may google, google. i've got to be done by get,
1:16 am
i will stop into that and i'll give you the order. would you be able to order that up? jo made any a dog comment key more people than the eval on worldwide in search of a did you have you ever used them in at the accounting method of doing it like godaddy? how do you guys find out about on the story and from icons the a fresh deal on the back of the shared history. think try and apple and to make a arm sign, a new long term agreement as arms trying to war investors prior to his upcoming appeal full of expert analysis. 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 and battled housing mark. i'm for scope of welcome to the program. apple has signed a deal with printers, chip designer, arm. it's for chip technology. the company intends to use beyond the year 2040
1:17 am
arm, a subsidiary of japan. soft bank owns 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 and 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 it's road show on tuesday trying to who investors arm disclose that it aims at crossing between $48.00 and $52000000000.00 by going public which would make it the largest such deal in the united states this year.
1:18 am
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. welcome back to the show them valued at between $48.00 and $52000000000.00. is that fair value? more than industrial revolution that's buying out right now to our arms position on the chips on there on the spot. and i think that's why you've seen some of these investors here, and there's a lot of exciting. i mean, this is been obviously really ice cold year. brian q is even the last year's an attack and i think it's susan. we're starting to see the different environment terms of this and i on drugs, speed here, other goals bought. i mean, our competitor, india, is making a lot of money producing and selling ships that are essential to running, hey i applications. how do you see arm stacking up against this? why a big role? i mean, should i as in videos more on there? what else?
1:19 am
pam, right. when you walk out, when you look at arm, when you will get a m d, this is really going to be of golden goose for the chip makers. i think more arms position, and for soft time, this has been a fox. the mazda has moment to get this out. i, i really do use a key time, especially now do cycle. so let's take a look at the bill that are meant apple inc, this week that 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 91. maybe you can add on, especially then produce neuron ships. it's more, more, more into them, not just on their own acro system, but they have some plants. i think they recognized bars through the trees now i'm just gonna be top bigger and bigger choir here, i think was smart to lock them up here rather few years and now just given price
1:20 am
concessions right 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 i cannot do 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's 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. it's not a sum of the global business stories making news. european commissioner in charge of competition issues has stepped down my country divest tiger. the long time
1:21 am
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 coalition friday to do the 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 in part of it. and i'm interested, united owners appear to have scored an own goal shares, and the famed football team saw 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. china
1:22 am
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 after beijing's campaign to cut her lines on for an technology and enhanced cyber security by limiting flows of sensitive information outside of china's border. the trouble of chinese property develop our 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, and the 1st half of the year, 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, home stand empty,
1:23 am
an entire buildings incomplete. that's because many property builders have run out of cash, but still real estate remains expensive. susan, that i so i wouldn't want to buy a house right now. to be honest, no matter what policies come out to. it won't reach the point where ordinary people would want to buy a house. it's a good way to retrieve 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 we expect they will be stabilization for their police cells and hens stabilization for public place. and then if the cells continue to decry on to not have material impacts from the policy
1:24 am
using, then we may continue to see the price decline here. china has had an, an even economic recovery since it reopened post. cobit 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 garden, 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. scott high for more or less costs over to type a and dw correspond. indeed, surely huge and has this payment is pulling back from the brink of default,
1:25 am
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 crisis from those investors. us 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 china is media also reported from anonymous sources that 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 among 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 in attitude towards the country garden here. what will have to
1:26 am
happen for the cash strapped company to continue making these payments. um, as i said, um kindergarten is reportedly trying to postpone more repayments of the test. it just shows that the company's trying to buy more time for itself. but whether or not to consult the proposal fell through there is certainly more to be done 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 periods, that won't spring so massive. but of course, lease 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 payment doesn't mean that our account regarding is now out of their
1:27 am
routes. right? so what would 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 or 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 stores may be approaching a chinese property sector and configure a domino effect. and also a chinese business man and exile also told our new team in taipei that there will be no rebuilding chinese profiting market because the home ownership right in china is one of the highest in the world. if the real estate market goes down, chinese home owners will be seeing their wealth string came in that case. he
1:28 am
believe it is nearly impossible for the consumption ray to revive a dw corresponded you to lee reporting 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 miss initials, public offering. the various ship designer kicked off the marketing campaign tour 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 domain and use youtube channel, chris kolber and roland. thanks for watching. a very successful the
1:29 am
a bit of homeless fun to briefly. so guess about the war and address of the forces he on the blocks for ukrainians. this is the 2nd summarizes in fear of the russian attack. our focus on europe next on d, w. and to the conflict with tim sebastien. in a booster, you pray distributed since punished for the 1st slide. the russians defensive in the southern region lives operation. my guess this week is erie socked in by the ministry and he's clear what he's country for peace and what he was conflict in 16 minutes on dw
1:30 am
the i want to have to say this too much. that's why we listen. because every weekend on d, w, the hello and welcome to this week focused on europe. my name is live show and it's great to be back. the number of people in europe who are dying of drug consumption is on the rise. while hard drugs are illegal in most european countries, portugal has a different approach. the country radically changed its policies. dr.

18 Views

info Stream Only

Uploaded by TV Archive on