the, the you're watching the, the, the news from berlin coming up next. it's business with chris cobar. i'm terry martin for me and all of us here. thanks for watching the question of course, the universe and every thing. usually answer. well then, given here, the answer to almost every thing we're documentary series with whoever

groundbreaking questions kennedy's going see after life are sitting, saving the world, 40 to the answer, to almost everything this week on d. w, the refresh deal on the back of the shared history. think try and apple, i'm to make a arm signed the 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. i'm 1st cobra, welcome to the program. apple has signed a deal with printers, ship designer, arm. it's for chip technology. the company intends to use beyond the year 2040

arm, 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 this 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 crossing between $48.00 and $52000000000.00 by going public which would make it the largest such deal in the united states this year.

right. that's got 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 sector. welcome back to the show them valued at between $48.00 and $52000000000.00. is that for a value worth 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 honors speaking over gold's bought. i mean, our competitor, india, is making a lot of money producing and selling strips that are essential to running. hey i applications, how do you see arm stacking up against this? a big role. i'm used to using video as well. there. one else 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 on 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 and ninety's. how important is this new long term agreement for our med, for apple? i mean, maybe you can add on, especially then produce non chips. it's more, more important to them, not just the, on their own acro system, but they have some plants. i think they recognize bars through trees now i'm just gonna be top bigger and bigger. choir here, i think is more to lock them up here rather few years and they're just given price

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 forward? execution story. i think i call these especially ones have a bright spot. i under and i'm in. i think it's one where it's not just investment, understand me watching on it is 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, the new, tactful market has already begun. and this is something that i think everyone's taken note of in terms of on coming out this time. that ice of web are securities then as always, thank you for your thoughts. thank you. i. 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

scourge of tech company is, is a candidate for the presidency of the european investment back belgium's dd randers takes over temporarily. while she is tracing 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 parliament. and i'm interested in either the owners appear to have scored an old goal shares, and the famed football team solved 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

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 reliance on for and 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 have 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 measures the boss of the market, many consumers say it is still too expensive to buy homes. here in shanghai, home stand empty,

an entire buildings incomplete. that's because many property builders have run out of cash, but still real estate remains expensive. 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. this is 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 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

using, then we may continue to see the price decline here. china has had an uneven 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 having 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 let's close over to type a and dw correspondents. each in legion has this payment was pulling back from the

brink of the fall, changed anything among investors in the way they look at the country garden. so why can show here is that it shares the search a little bit right after the company's state of the in need of 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 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 and attitude towards country garden here what will have to

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 the

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 assessors said is contra garden for speakers indicate that a bigger financial stored may be approaching a chinese property sector and can trigger a domino effect. and also a chinese business man and exile also told our new stevens high pay that there will be no rebuilding chinese property 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,

a believe it is nearly impossible for their consumption ray to revive a dw corresponded you to lee reported there from taipei. and here's a reminder of the top of business story we are following for you at the sour soft bank groups are, is seeking evaluation between $48.00 and $52000000000.00 initial 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. compress colburn roland, thanks for watching. a very successful the

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