Thats all. Stay with bbc world news. 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. Hong kong demonstrations in the wake of the 11th weekend of protests we look at the impact on the asia financial economy. Grey matters. Why many of singapores asian population are working well into their 70s. Good morning and welcome to this mondays edition of Asia Business report live from singapore with me, mariko 0i. Lets start with hong kong because as you heard on newsday, the city has seen the 11th weekend in a row of pro democracy rallies. The protest organisers say the crowd was 1. 7 million strong other police have said it was much smaller. This comes amid warnings of the Economic Impact of the unrest on the Economic Impact of the unrest on the Asian Financial hub. In just two days after Airline Cathay pacific saw the departure of it chief executive. The bbcs Stephen Mcdonnell sent this report from the demonstrat
Also coming up, cathe pacific is hit by lawsuits. We speak to the chief executive ivan chu at 10 30 a. M. We are getting news from the Norwegian Wealth Fund following it decline. This is the biggest Sovereign Wealth Fund in the world. It has invested a lot in oil. It has tried to focus more on real estate. Falling 0. 9 . I think that is in terms of revenue. Manus cranny will have an interview, the only exclusive interview for International Media with the ceo of norgas bank later on. That will come to you on the pulse. The German Parliament is right now debating whether to approve the greek rescue package. Hans nicholsrlin has been following the developments closely. We spoke to a key Angela Merkel advisor. He was pretty confident this is the boat will not only go through but will go through with a very large majority. Our next guest says the greek house is burning. Microhe head of rbs credit in research. Thank you for coming in. Maybe a brigade is little bit too late, but in the last 2
Wide exchange. And welcome back. Thank you and then on to the had caribbean as well. And futures suggesting a slightly lower open. About 50 points for the dow, the s p seven points, the nasdaq about 19 points. The dows up 1. 3 . Ending two weeks of losses in a row. It was a soft end to the week friday but overall gains, the nasdaq leading the charge. We have seen more stability ending on friday at a similar place where we begin the week. On the tenure the fields three years 3 and again across all maturities it was a relatively stable weak finding levels of ability. For the most part theyve been trading at or around one year highs. On monday morning, they saw maund stouks relatively lower. 4,fine70 wouldnt have been wearing that it were rear acting to Donald Trumps immigration ban. Now in asia, mennee markets including hong kong and shanghai are closed for the Lunar New Year p year. Were still seeing a minorer celebration there. Of course a lot of focus on the yen and if it will at all
Strain fulltime employment rising 74,500 positions in march there. Participation at 64. 8 percent, so better than expected, the aussie dollar rising to a session high after a strong beat when it comes to the jobs numbers. From thoseo move on jobs numbers we have the Financial Stability report we have been waiting on from the austrian central bank, the rba touching on this hot button issue of Housing Affordability come of whether we are setting up for a housing bubble, saying Interest Rate supporting Household Debt repaying ability and that Household Financial stress indicators to remain contained. Growth atwe have wage record lows at the same time household that largely comprised of mortgages are climbing ever higher. There has been concerns about the impact when it comes to financial instability as Interest Rates globally start to head higher. Lets get market reaction. Sophie is on that for us. Sophie as you saw on your screen, we did have the aussie dollar jumping following that the
David go irish. Go. Hanie there you a little housekeeping on tv. Lets go to vonnie quinn with first word news. Ted cruz has taken a doubledigit lead in iowa, where the first Republican Caucus will be held february 1. A poll says that he leads donald to 21 . 31 to 21 . In the area of voters without a College Degree. A statement out today indicates that this is not a final conclusion of investigators in a downed crash in a downed plane. Concern that the crash was caused by terrorism led to the evacuation of thousands of tourists from egypt. And 18 nations will try to speed up the pace of Emissions Reductions under the new Climate Change deal. They have developed International Carbon markets. Among those taking part, the u. S. , germany and japan. China lands to create the Worlds Largest Carbon Market by 2017. More on these and other breaking stories on a four hours today at the new bloomberg. Com. Ramy inocencio has more on the markets. Ramy u. S. Futures are mixed. The dow as what at on