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U. S. Took preemptive action in terms of export controls for the city. Yvonne the one thing the chief executive has said is u. S. Sanctions will not scare us. That is the latest response from carrie lam. Given what weve heard from the u. S. Recently when sanctioned chinese officials over the security law, and also now as you mentioned, paring back trading benefits that hong kong has enjoyed with the u. S. As well. The market seems to be overshadowed by better data. Pretty early when it comes to pmi data in china that came out at the top of the hour. It seems like at this point its really about the fundamentals more than the politics that is driving this rebound we are seeing in risk assets today. Look at the asiapacific benchmark, up 1 . Set for the best quarter since 2009. Still, asian stocks have not really recouped most of the losses we saw in the First Quarter, but certainly u. S. Futures pointing positive as well. The hang sen ....
Halston, 12. 5 . San miguel withdrew its tender officer for the company as the timeline ran out. Ayala down. 31 . The overall composite half a percent higher. Lets move things along and get to new york and look at some of the first word news. Global Coronavirus Infections continue to rise and now top 4 million with jess at about 280,000. The u. S. Has by far the most cases and fatalities with 1. 3 Million People infected and almost 79,000 having died. The virus was first reported in china and beijing has confirmed about 83,000 cases with just over 4600 fatalities. Saudi arabia says it is planning to cut spending and triple vat to 15 as it looks to offset the impact of the virus. The finance minister says the pandemic combined with Falling Oil Prices has cut revenue input and president and pressure on the publ ....
After culture ministers pledged to help the countries need. To request. In france since they reported five hundred and forty four more deaths from covered nineteen in hospitals and Nursing Homes over the past twenty four hours but bridge did new foals. I in thehe total numbers of coronavirus patients the total toll from the epidemic in france has not risen. To twenty one thousand three hundred and forty eieight the health. Officer jumps element a broke the little elia while adding that one now three hundred and sixty five fewer. Coronavirus patients in hospitalal a and two hundred and fifteen fewer in intensive cat compared with day earlier t the number off patieients suffering with cover nineteteen its up to kent frantz now fallen every day for two weeks. Also he goes on it it was a good idea and deployment because me to do something on c. D. Six. Ww mascot put on new books on this it is a social initiative thats under bruce was o ....
Good morning. Todays open hearing is the fourth in a series the committee is skukting to examine the intersection of Key National Security challenges and intelligence. In our prior hags we explored the rise of authoritiarianism, russian intelligence trade craft and chinas use of technology as a actual of oppression. This morning we will look at Climate Change which is the greatest longterm it National Security threat to the u. S. And affecting every dimension of National Life for decades and possibly centuries. In the unclassified 2019 worldwide threat assessment director of National Intelligence coates submitted this finding to Senate Cou ....
All options are open. Opec and its allies say nothing is off the table when it comes to rebalancing the oil market. A. M. In dubai. Midday in hong kong. This is Bloomberg Markets middle east. Been, weekend has especially in the United States with the equity benchmarked indices hitting records. It is not so much that they are hitting records, but the pace it is being done. These are your friday closings for the s p 500. 7 for the dow jones. The nasdaq was up 4 10 of 1 . It was not all positive because General Electric tumbling after slashing the 2017 profit forecast. This goes to the story of optimism around what donald trump is doing in terms of possible tax reform and tax cut. U. S. Dollar reaching a threemonth high. Up 6 10 of 1 . In terms of other asset classes, we are carefully watching 10 year treasury yield app ....