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Im melissa chan welcome to news asia thanks for joining deadly violence has hit a remote part of indonesia this week violence that appears to have started because of a text message it happened in papa province which is next to pop into guinea its a place ethnically and culturally distinct from much of the rest of indonesia and it intermittently sees tension the latest violence was apparently sparked by a text message from a student who said that a teacher had racially insulted a pop one student officials have called the text news in any case that message spread and angry crowds turned out torc...

Im melissa chan welcome to news asia thanks for joining deadly violence has hit a remote part of indonesia this week violence that appears to have started because of a text message it happened in papa province which is next to pop in a guinea its a place ethnically and culturally distinct from much of the rest of indonesia and it intermittently sees tension the latest violence was apparently sparked by a text message from a student who said that a teacher had racially insulted a pop and student officials have called the text fake news in any case that message spread and angry crowds turned out...

Speak. Numbers will move around this morning. Dow would open 150 points off. Nasdaq down 60 s p would open off 18 points treasury yields. 10year treasury at 4. 223. It moved up. 2year treasury at 4. 96. As joe mentioned, in the last half hour, fitch warning it may downgrade dozens of banks. The Agency Cutting assessment of the Industry Health in june. Fitch rating stating if the industry is downgraded again, that translates to negative reaction fitch wants to significaal that downgrades not a foregone conclusion he will join us in the next hour to breakdown what with is happening here. Im look...

Foreign countries, you know. Adversaries, you know weve been talking about china, slipping, our treasury secretary psychedelic mushrooms it is about respect look how we pulled out of afghanistan it is shocking that that was an american moment. And there are too Many American moments that dont jive with what we as proud americans feel should be appropriate american moments, stand up strong. Lets be clear Chinese Communist party would have put that restaurant out of business if they if they were unaware that they served hallucinogenic mushrooms. A not randomly dinner. This is communist Party Off...

In commodities prices. Easing inflation and policy support should help in the second half. And softbank surprising with a loss despite son returning amid tech sector gains lets get straight to it european banks in focus after the Italian Government decided to impose a surprising windfall tax on Net Interest Income for the italian lenders. You see it is dragging down the sector unicredit is one of the best performing stocks not just in the ftse mib, but the stoxx 600. It was up 700 . Unicredit down 5 . Really, really sharp moves d downwards in the italian banks this was a surprise to the Invest...