there will likely now be multiple investigations. paula newton is joining us live from halifax. and what will investigators focus on now? reporter: they will focus on whether or not this was a catastrophic event that entailed just one thing going wrong or if this was multiple things given the strain on that vehicle. remember, we had heard that there were quite a few successful expeditions to the titanic wreck, was there stress put on the titan which then because it was largely unregulated wasn t tested going through the motions. you ve had so many people weigh in on this and one is james cameron who he himself has been to the wreck of the titanic and other deep sea explorations. listen to him now. i think there is almost a surreal irony. the titanic sank because the captain took it into an ice field on a moonless night with poor visibility after he had been repeatedly warned by telegram, by are a during t b are a during the day that that is what was ahead. and so a p
Earlier down about 0. 1 . Not so long ago down 0. 4 percent and perhaps of the continuation of yesterday selloff and loss of uncertainty to deal with and the headline that vicechairman of the Federal Reserve resigning and looking at that on the market in a moment. In terms of the underperforming relative to the nasdaq and it has the higher momentum stop that react more so on a risk offer and today is not really risk off but you would think so. Look at apple down after yesterdays 1 decline. Investors taking profits on one of this years top stocks and expedia is lower by 3 after , loadedvo trivago their full year profit. Nonetheless, one of the big drags and tesla is down more than 1 after nissan has released its first refurbished electric vehicle and seven years saying they will double cells and giving tesla a bit of a decline. An intraday chart and we are going to see the trend is down. This is about a 7 range and not too big. When the announcement came that Stanley Fischer is resignin
Haidi and it is just past 8 00 a. M. Here. This is daybreak australia. I am haidi lun. We are two hours away from the open of asias first major market. Ramy it is after 6 00 p. M. In new york. I am Ramy Inocencio. We will be setting you up for the asiapacific trading day. Good to see you here. A quick recap of how the markets closed friday here in the United States. They hugged the flatline, but day. Were harder during the investors worked hard to suggest what was happening from the u. S. To syria and what was happening out of florida. They will get more from president xi and president general trump. Haidi it was towards the end of the week where politics took central states. You did see the kneejerk reaction in markets in asia as well in terms of the meeting, but that gave up gains. Love look at the week, because it is big in terms of doing back to data. We have seen lots of details to paint out the macro picture from china and also on your side of the world to better flesh out the jo
Jinping hail some a success despite the threat of syria and north korea. A big week for markets as we get underway, not the best. A decenthaving session, but currencies commodities, a lot of event risks. Have a look at my bloomberg. It is 7629 on your bloomberg. , the benchmark across asia, still close to 2015 highs, but the box top right, things starting to rollover. Indicator, monetary conditions in china, something to watch, key inflation data out of china and new credit data as well. You have a Rate Decision out of south korea. Lets look at south korea south africa. Gr on your bloomberg. Watch south africa very closely. Downgrades,atings s p and fitch, last week. They are saying you have to watch out for more outflows as people are forced to pay back their positions if you are investment hold grade. South africa wont be one of them. We saw the bonds and the brand getting hammered and the rand getting hammered. We are 30 minutes away from the open in china and hong kong, singapore,
Advising on the sale. And the chief executive of fatburger. He looks to sell you a 2000gallery hamburger. First, headlines from my radio cohost carol massar. Thanks. Ebay and activist investor carl icahn have finally come to an agreement over whether to split off paypal from ebay. Said he would drop his campaign to add two Board Members and force play ball to spin off. And him gos brill bill gross says that Mohammed Elian shouldve come forward about his role as a head plunge manager. This is indicative of what this is not indicative of what this company is, what this company was, or what our company will be. He spoke to trish regan. Se says that elerian departure was a mystery to them. You can read the full story in Bloomberg Businessweek on newsstands and online. Thank you. U. S. Stocks declining today, nasdaq falling the most since 2011 as earnings season begins. For more on what is happening, i want to ring in the chief executive officer bring in the chief executive officer of a com