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We suddenly saw the shanghai composite end in the green amid speculation about whether or not we would see more stimulus to come. Monetary policy quickly kicked in. Will bewhat juliette talking about in a moment but in europe are still concerned about the commodity index. Bloomberg tracks as the lowest since 2002. The selloff is continuing. Look out for those Big Oil Majors today, and glencore after they came out with their numbers. The dax is now opening 9 10 of a percent down. Stop buyingtime to these chinese stocks like the luxury good makers. Have the fundamentals in china changed that much . And they have Pricing Power in china maybe is tryinime to analyze whether its good to buy. We are opening on a downward as greece goestory to the last stages of its marathon to get this third bailout. This is 86 billion euros. We know that germany will be starting a debate around abou ....
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 Mer ....
Freezing output to give prices of those. Tata steel under investigation in britain. An internal audit showed a lapse and procedures. Follow me on twitter rishaadtv, dont forget to include trendingbusiness. China markets underway at the bottom of the hour. Singapore, taiwan, malaysia starting off. Started with dollaryen. It has been the story going back to the first of april. In fact, just a few minutes ago, we were below the 108 handle against the u. S. Dollar. Briefly above that level at the moment. Analysts if the boj will start to intervene, chances are according to most, not yet. Chance of intervention is quite low according to the bank of singapore. Level look at the average where analysts think the boj might step in, 100 dollaryen. At this level, that would mark the confirmation that the psychology around the currency has completely changed, so watch this very closely. Which brings me to the Japanese Equities session, 15, ....
Seats in parliament up for grabs, and the makeup of the next government hangs in the balance. Mark welcome to countdown. Also coming up today, we take a look at what it takes to be a successful boxing promoter. We bring you my part to of the interview with frank warren. We are also getting breaking news from the largest Engineering Company, they are cutting further jobs. 400 jobs, burdened by the declining oil price. Profits from the socalled industrial operations fell to 4. 6 billion euros. That is down from the 1. 7 billion euros from the analyst numbers. Kaiser, the chief executive, has announced 9000 job cuts in the last six months. He is trying to achieve one billion euros in savings by next year. He is focusing on Energy Generation and distribution facing investor pressure after his decision to spend 7 billion acquiring another company. Since that deal was agree ....
Vietnam height of the war. Saigon is based from falling any citibank assistant manager, a man who couldve been anyone of us us is given a choice. Go home and never looked back or risk your life to save others. What would you have done. Ill tell you what john riordan did. He risked his life to rescue more than 100 friends and colleagues of what would certainly be described as great danger. It was a daring mission. The details will astound you and if you havent already, you need to read the book. Hang on. Im not done yet. Because one courageous men risked his life more than 100 lives were saved. They are now here in america with their children, grandchildren all thanks to this man. Today we are lucky enough to be joined by some of the people whose lives shown forever changed in a moment we will hear stories. First, an honor to introduce a real hero someone who embodies the real ideals to inspire all of us. Showing. [applause] true great determination and selfless actions, we couldnt be m ....