Unchanged policy. Coming back from the typhoon slower by 116 points. We are talking about hsbc, one of the laggards here, missing out. The largecaps under pressure, 4819 right now. We are looking. When it comes to dollar dynamics, we did see a stronger dollar, which led to a hit. 379 right. 7 now. The china 10 year yield, we just got the pricing on the dollar bonds. Gold taking a retreat. Brent crude Holding Around 42. Tom lets bring you back to the top story in this region. Xi jinping will bring a major policy address later, in the next 20 to 30 minutes or so. Across the border in shenzhen, to talk about an integrated tech corridor to rival silicon valley. Stephen engle is following the story and joins us from hong kong. Steve, what are you looking for in this speech . Stephen i am looking for a better tagline. They are calling this a chinese socialist pilot zone with chinese characteristics. I think the greater bay is the grander scheme. And xily china wants to jinping with a trip so
A full year recession that means we will reach 0 to one percent growth so this situation is highly serious in addition as i have stated in the policy address the Hong Kong Government will closely monitor the development of the economy and take appropriate measures. On the. Issue one gets so see. Also said her government will tackle protesters who resort to violence head on the Hong Kong Government isnt backing down and neither are the protesters. The standoff in hong kong could continue to hurt the Asian Financial hubs economy. Steve tongue joins us from the university of london chief executive kerry says there will be no political solution until the protests and that doesnt sound like this is going to end anytime soon. I think youre absolutely right the way how the chief executive is approaching the issue shows as you need it thats not have any understanding of what the situation is and what a political solution needs you have you work or political solution when you are in a very diff
Hello, and welcome to bbc news. The Us Democratic president ial contender, joe biden, has accused donald trump of an overwhelming abuse of power. It follows reports he tried to pressure ukraine into opening a corruption investigation against mr biden and his son. President trump has not denied the reports, claming it doesnt matter what i discuss. This is what mr biden had to say about the affair a litte earlier. I know trump deserves to be investigated. He is violating every basic norm of a president. You should be asking him the question, why is he on the phone with a foreign leader, trying to intimidate a foreign leader, if thats what happened. But appears to be what happened. But appears to be what happened. You should be looking at trump. Trump is doing this because he knows i will beat him like a drum, and he is using his abuse of power and every element of the presidency to try to do something to smear me. That was a pretty fired up joe biden a couple of hours ago. David willis i
Hirschfeld davis. Also joining me is philip rucker, the bureau chief for the washington post. Julie, let me start with you. How much Common Ground is there and the Administration New south Korean Administration . The South Koreans are talking about talking and diplomacy and the Trump Administration is ratcheting up the rhetoric. Thats right, i think there is a fair amount of Common Ground on paper. President moon and President Trump are very concerned with the north korean behavior and continuing provocation. We heard them both speak about addressing that in different ways. President trump is really intensifying his message to the sort of byns, extension to the chinese, who he will also see next week. Really getting a lot more aggressive about his approach to dealing with north korea. Its not clear where president moon is on that. He is the things that disappointed with on that is the degree to which china has been willing to intervene to put its leverage on north korea to change its b
Ainsley it would have been fun to live in that time period. We have a huge show. Steve thats the way i like it umhuh. Ainsley not every day we get to talk to the president. Today we do. He will be calling into our show barring any other emergency. He has committed to our show at 8 00 today. Brian he used to call in once a week. He had to wind down because he got a different job. Steve exactly right. Anyway, we have plenty to talk to him about. Ainsley yes, we do. Steve kind of a busy news week. Listen to, this we got a fox news alert. Didnt see this coming. A former fbi employee is reportedly under criminal investigation accused of falsifying documents tied to the surveillance of 2016 Trump Campaign staffer, that man in those images, carter page. Ainsley the Alarming Development, perhaps a preview of the upcoming report by the doj Inspector General. Brian griff is in washington on the latest with this breaking story. Griff this revelation according to the the Washington Post is part of