Li Kashing News Today

The u. S. Enters a new week with the highest number of coronavirus doubts in the world. Administration is still trying to ease lockdown restrictions by may. The Top White House virus eight says infection levels are stabilizing. Some of the u. S. Could be open in the next month. The imf and world bank held meetings this week using digital remote software. The global lenders will facing new reality of mounting unemployment. Thecials have already said Global Economy is suffering its worst recession...

Stay with us for all the International News and business stories here on the bbc. And you can visit our website as bbc. Com news. Now on bbc news, live to singapore for Asia Business report. Huaweis blast list delay, the us ban on the Chinese Technology wont come into force for another 90 days blacklist delay. And hong kongs social media action. Twitter and facebook steak steps to block what they describe as a state backed Chinese Misinformation Campaign. Hello, and welcome to business report. I...

Rishaad japans recovery on track, growing for a fourth straight month, the best performance since 2008. Investmentaba the to in chinas largest hypermarket chain. Rishaad we started with the markets. 6647. S a technical chart it is showing a double top formation. Msci asiapacific index slipping from last monday to friday, halting a rally that had lifted 6 . The asian gauge risk of a p technical pattern, which means the path of least resistance would be to the downside after it hits it. Fatigue, i...

Against terrorism. The Trump Administration is proposing to open almost all u. S. Coastal waters to oil drilling, including those off of california and florida. The proposal released today by the interior department proposes 47 possible auctions of drilling rights. They are in more than 90 of the u. S. Outer continental shelf. The department of justice has issued a memo rescinding an obama era policy that helped states legalize Recreational Marijuana use. In states where marijuana is legal, atto...

Point 5 , the biggest move in three months, moving above 1300 an ounce, gold trading at the highest level since the u. S. Election. Showing iskorea is showshe crowd psychology as does the elliott wave. That it could move to 1339. 1340 could be that next level according to that chart good not only at the highest level in volatility, but fo spiking again. Up in the Asian Session, and this flight to quality being felt in the treasury market. Tradingeeing treasuries in the Asian Session and very nea...

Domestic buyers. That is what we are hearing from one analyst, taking advantage of that fear from Foreign Investors and buying in, especially if your currency of choice is the won. Lets check the latest on the markets with sophie kamaruddin. It is still about north korea. Investors assessing potential risks, weighing on the down. 1 , consumer stocks among the decliners despite the discounted valuations across the kospi. Gaining, Building Momentum following that report that pyongyang may be movin...

Foundations for a new eastwest trade route. Rishaad the weekend hackers may strike again on monday. At apples market capitalization in excess of 800 billion. If you add them up, you have a 8527,d capitalization, we are at roughly 3 trillion. Quite something. That is what we have at the moment. Some people saying these five have too much clout when it comes to soft power and real power with the amount of data they have at their disposal. The tech names pushing higher with the rest of the market t...

Business confidence is plunging. Haidi more disappointing news from the factory floor and japan , machine orders slumping, Producer Prices staying flat. Rishaad the long and short of it, hong kong stocks being targeted by skeptical researchers. Of course all this Political Drama, the British Election, james comey and his testimony to congress. Having a look at gold. Start toshed in and buy gold at times like this as a haven play. This is 502, a look at the last three weeks. Have had three weeks ...

America. Takata shares collapsing after the daily limit was removed. Rishaad toshiba falling at its own hurdle, unable to finalize the sale of the chip unit right todays deadline. Onare keeping an eye toshiba, looking ahead to reaction out of janet yellen what she has been saying and marriage draghi and that is how it is buying out when it comes to equities. Looking at the markets themselves and etfs, i want to pull up a chart, 445, and this is the growth we have seen in the demand for these etf...

Means a fed hike moving to the back burner. We have the numbers from the latest Hong Kong Survey and discuss the implications of tokyos election results. A terrible outcome for the Prime Minister. Tensions in north asia as north korea continues to worry leaders around the world. We will get an update from beijing on the latest. This is Bloomberg Markets asia. I am betty liu here in new york. It is just after 7 00 a. M. In hong kong. Busy monday in asia with president xi jinping delivering that 2...