i'm suranjana tewari.et's start in the us, where the major indices on wall street staged a slight recovery on tuesday, snapping three straight days of losses. the major indeces snapped three strait days of losses. the is far from over strait days of losses. the is farfrom over according strait days of losses. the is far from over according to tim waterer, the chief market analyst. at kcm trade. still lookin: analyst. at kcm trade. still looking at — analyst. at kcm trade. still looking at possibly - analyst. at kcm trade. st ll looking at possibly september. there is talk of a emergency meeting. i think there was a market overreaction. markets are pricing in as many as 100 basis points of cuts between now and year end. there's quite a lot of positioning based on an expected dovish monetary policy from here to year end. i think they will want to reassure investors that things are going according to plan. the economy is slowing which is, that's the design of the higher interest rate to bring inflation down.

i'm suranjana tewari.et's start in the us, where the major indices on wall street staged a slight recovery on tuesday, snapping three straight days of losses. the change in sentiment was helped after markets injapan rebounded sharply, reversing steep falls from earlier in the week. but our next guest says the volatility we've seen is farfrom over. let's bring in tim waterer, chief market analyst at kcm trade. the big question is how much further to go in so much market turbulence. i think that's what were waiting to see. the doj blues last week, i think the bulk of been done it depends on the nature of what happens from here and out. there are still trades in the market for that there has been their ordinary trading currencies with up if they are more gradual in nature now that we know what the doj has done i think the markets can better absorb any further unwinding for them if there's a change to that yield differential pressure between the us and japan, back at spock a bit more of that panic selling. tha

i'm suranjana tewari. let's begin in the us where delta air lines says disruptions caused by the recent global software outage and subsequent flight cancellations cost it a whopping $550 million. the us carrier says it is pursuing legal action against crowdstrike and microsoft. here is bbc�*s michelle fleury in new york. delta air lines said it was reimbursing its customers for cancelled flights and providing compensation the form of cash and skymiles — its loyalty rewards programme. today we found out the pricetag. in a filing with regulators, the carrier said those costs amounted to $380 million for the current quarter. it spent an extra $170 million on hotels, meals and transportation to and from the airport for its customers as well as other crew—related costs. given the expense, the airline said it had little choice but to pursue legal action against crowdstrike and microsoft for a global tech outage that caused thousands of flight cancellations. but crowdstrike has said it should not take all the bla

i'm suranjana tewari.ght days of losses. the change in sentiment was helped after markets injapan rebounded sharply, reversing steep falls from earlier in the week. but our next guest says the volatility we've seen is farfrom over. let's bring in tim waterer, chief market analyst at kcm trade. the big question is how much further to go in so much market turbulence. i think that's what were waiting to see. the doj blues last week, i think the bulk of been done it depends on

i'm suranjana tewari.and subsequent flight cancellations cost it $550 million. the us carrier says it is pursuing legal action against crowdstrike and microsoft. for more from new york, here's the bbc�*s michelle fleury. delta airlines said it was reimbursing its customers for cancelled flights and providing compensation in the form of cash and skymiles, its loyalty rewards program. today, we found out the price tag. in a filing with regulators, the us carrier said those costs amounted to $380 million. for the current quarter, it spent an extra $170 million on hotels, meals and transportation to and from the airport for its customers, as well as other crew related

i'm suranjana tewari.ay, snapping three straight days of losses. the major indeces snapped three strait days of losses. the is far from over strait days of losses. the is farfrom over according strait days of losses. the is far from over according to tim waterer, the chief market analyst. at kcm trade. still]! analyst. at kcm trade. still lookin: analyst. at kcm trade. still looking at — analyst. at kcm trade. still looking at possibly - analyst. at kcm trade. st ii. looking at possibly september. there is talk of a emergency meeting. i think there was a market overreaction.

i'm suranjana tewari.nt flight cancellations cost it a whopping $550 million. the us carrier says it is pursuing legal action against crowdstrike and microsoft. here is bbc�*s michelle fleury in new york. delta air lines said it was reimbursing its customers for cancelled flights and providing compensation the form of cash and skymiles — its loyalty rewards programme. today we found out the pricetag. in a filing with regulators, the carrier said those costs

suranjana tewari is following the story from our asia bu5ine55 hub in singapore...with an uk injapan down as much asa with an uk injapan down as much as a whopping 5% and headed for its worst day in more than four years. asian markets tracking a slide that market5 tracking a slide that was all over on wall street, they have been weighed down by a few factors including their 5urging yen a5 a few factors including their 5urging yen as well is uncertainty over when interest rates in the us could fall, rather with some saying that september which is when the fed indicated it would loosen monetary policy. all this barking fear that the global economic outlook is worsening rather than improving and that the us is still at risk of slipping into recession. factory data in the us showing a drop turn to eight month low injuly because of low order5, injuly because of low orders, that really rattled market5 injuly because of low orders, that really rattled markets and that really rattled markets and that comes as separate figures show the number of americans filing new applicat

i'm suranjana tewari.et's begin in the us, where delta airlines says disruptions caused by the recent global software it $550 million. on the federal reserve or the chairman. turning to singapore, where the city's new prime minister lawrence wong delievered his first national day message on thursday. among several issues addressed, mr wong pledged to bring down the high cost of living in the country. he also said more support would be provided to lower and middle—income families, incuding vouchers and utility rebates. vishrut rana explained to me the economic issues new prime minister would be prioritising. thanks for having me on of programme. there's a number of factors that are programme. there's a number of fact mindset, e programme. there's a number of fact mindset, overall the this mindset, overall the government and the economy still remains very business friendly and singapore as a city state remains very attractive for talent. of course maintaining that is a balancing act between the externalities