Southeast asian nation to meet with President Trump. We have the world covered here on daybreak asia and we will be live and across the region to get the latest market reaction. Betty as we mentioned, we are going to hear from the Prime Minister ahead of him meeting with President Trump and why one of indias largest Tech Services companies is worried trumps policies will hurt the center in india. This is daybreak asia, coming to you from u. S. And asia headquarters. I am betty liu betty liu in new 00k, where it is after 7 p. M. Yvonne i am yvonne man in hong kong. Why is he so worried about inflation . His counterparts have overlooked the last two months in recent weakness as a fake. He said missing the 2 inflation target does raise questions. What does that mean for this . It could impact the role of the Balance Sheet. That could be key. Betty we have a guest coming up that says the fed has been excellent in terms of broadcasting how they will reduce that Balance Sheet. Yvonne, let us
Abuse and sentenced to 30 to 60 years behind bars. Hes appealing his case. Another son Matthew Sandusky was going to testify on his fathers behalf during that trial but changed his mind at the 11th hour and declared, he too, was one of Jerry Sanduskys victims. And Jeffrey Sandusky is a corrections officer. The department of corrections says he has been suspended pending the outcome of the case. At last check Jeffrey Sandusky had not made basement live in thebail. Live in the Satellite Center im chad pradelli. Jim. Investigators say one person is dead killed in a house fire on the 5200 block of akron street. Firefighters were called to the scene at 4 30. We have an action news crew on the scene now gathering details and well have updates on 6abc. Com and of course on action news at 11 00. A van caught fire and scorched a school bus after colliding in horsham this afternoon. Fortunately no students were hurt. They did evacuate safely. The driver of the van did sustain an injury. We dont
Civil suit. The Justice Department dropping its twoyear effort. Weve got the details on that coming up. Meantime, amazon is making a big bet on its echo device called alexa. All the alexas answering out there, people listening in. Theyre looking to make it a 1 billion business. Will increasing competition from apple and google get in its way. Thats something well look at coming up here. Plus, the end of an era. The partnership between American Express and costco will officially end on monday. Weve got new details on how American Express is looking to address the losses. What citigroup and visa are planning next. Lets start with the concerns over next weeks uk vote whether to leave the European Union. Will fred front is about to head over to london for coverage of that big event. Before you leave, though, will, give us the latest. Thanks very much. Campaigning on both sides of the Brexit Debate was postponed today following that Fatal Shooting of labor party, a member of parliament, jo
Clear focus on financials. Deutsche, the euro, spreads after the worst day for stocks in two weeks, europe lower on pressure from the banks, euro under the same fate. Oil taking a backseat for now largely unchanged. Road map will begin with what else, deutsche and capital concerns rattling markets around the world. The ceo attempting to calm the waters, will that work today . Its not just overseas, of course here in the u. S. Wells fargo is back under fire yesterday after ceo john stumpf faced angry lawmakers in the house of representatives. And the last day of the quarter, tech leading the rally. What does q4 portend . But first up, deutsche shares slumping to alltime lows in frankfurt trading taking the european Banking Sector with it, thats on concerns about deutsches Capital Position and reports that hedge funds are reducing their exposure to the bank. The Ceo John Cryan defending his company in a letter to employees saying due to ongoing rumors, talks about their liquidity reserve
Earlier. Today we will see it coming up in 35 minutes from right now and by the time we hit halloween, it is coming up just before 7 30 in the morning. The it is, you know, that time of the year where we are losing two and a half minutes every day worth of daylight but regardless, we will end up with a decent day here. It will be a hot day too. Looking at this sort of tristate sweep of storm scan three herbehind, what is left of it still churning out to sea but not really expect to have any additional major impact on our coastline, so that is good news. In the meantime we will sit in the Holding Pattern here, we are seeing atmosphere heat up and steam up throughout the day. Temperatures off to a mile start up and down i95 in the 70s and in the 60s further inland north and west. Meanwhile it is one of the days where the kid could head out to the school bus, and even still, in shirts and a tshirt. You may not need an extra layer since we are off to a warm start. Fact that as we go, tempe