Or rather, which is worse than expected. We had expectations of 0. 1 . Rishaad exactly and thats currently where we have industrial production. Coming inese are pretty much bang in line with what we were expecting. The retail sales and only showing this contraction for july. Lets get over to bank of chief chinarities economist. Headlines pretty much what we were expecting, but tell me, what sort of picture is it painting for you . That atlly, i would say first glance, this set of numbers does not look extremely encouraging. For several, industrial output ip we would have thought it would be somewhere around this in belowt still coming 5 implies that the momentum of continued industrial recovery seems to be moderating. I think that is number one that i got out of the data. Number two, if you think at investment, thats roughly in line, but we need to look at the breakdown for example properties versus infrastructure to know what is going on. More importantly, retail sales i think to a la
A study suggest young people are not as immune as some, including President Trump, have claimed. The bank of new zealand faces a tough policy decision this week. Balancing a rebounding domestic economy against the increasingly uncertain global picture. Shery happening now, President Trump speaking at the white house. He abruptly left, escorted by security. He is back in the briefing room. He says there was a shooting outside the white house and it is now under control and someone was taken to the hospital. Pres. Trump he reported he heard shots. He was outside and he heard two shots. We dont know yet. They are going to find out. Do you know if the individual said something . Pres. Trump we dont know that. The secret service . Pres. Trump it seems to be. Where you take into the bunker . Pres. Trump no, to the oval office. Just told me when he came up, you saw it like i did. Sir, could you please come with me . I was surprised also. It is pretty unusual. But, very professional people. Th
Hong kong. , 3. 6 down. Hshares. Eight shares. Indeed, the volatility. 31 spike to the upside. Earlier, the hong kong dollar weakening. It has been right up against the strongest part of that. It went down to the lowest in six weeks. We have come off of that for the time being. Seven hong kong dollars. 75 hong kong cents. Now looking is pretty for the rest of the region as well. It is putting much red across the board. Tie one below its 10 day moving average. Currently down about 2 . The taiwan index is down about one and a half. Losses for the sti. Down about 1. 9 . Singapore grappling with the virus even though there are signs of stability. The city running out of time to hold an election. The benchmark down a tense of 1 . Down 8 10 of 1 . March numbers drink to the lowest mark numbers shrank to the lowest in 10 months. Crude down 2 . 3305. Crude at such levels could raise the possibility that shale producers slowly turn on the taps again. Gold futures getting some upside. 17, 26. Go
23 years off the sovereignty was returned to china and hong kong is facing the biggest threat yet to its prized autonomy china now plans to get directly involved in the Territories Affairs through a new National Security law so is this an assault on hong kongs democracy this inside story. But everyone im come on santa maria one country 2 systems dont be so sure about that because with china moving to pass a National Security law for hong kong they could see the most significant reduction in its autonomy since it was handed over by britain in 1907 well there are definitely changes afoot chinas premier league chang announced the bill at the n. P. C. The National Peoples congress chinas biggest annual political gathering the draft law has 7 articles and will almost certainly be approved by the n. P. C. Wants passed it would allow chinese agencies to operate in hong kong to quote prevent stop and punish acts endangering National Security the thing is hong kongs government says it will help
Restaurants in its lee are reopening ahead of plan and dates the big part of tourism in kenya how coronavirus is affecting its Wildlife Reserve just. Thank you very much for joining us we begin with some breaking news this hour and a jewish settler has been found guilty of a 2015 arson attack which killed a palestinian toddler and his parents the family were killed after the man fire bombed their home in the village of duma so this is a landmark decision in a case which has become a test of Israeli Security forces treatment of jews and palestinians lets go straight to our correspondent Harry Fawcett at the court in law and israel so a guilty verdict an important decision remind us for us harry how we got to this point today. For us this was one of the most controversial cases of any sort of jewish attacks on palestinians or something that took place in july 25th dream followed a tribe by shooting of a jewish man the prosecutions case was always that these 2 young men one was a minor on