This is Aljazeera America, good morning, live from new york city, im randall pinkston. Global markets are reeling this morning at chinese stocks take another plunge. U. S. Futures falling sharply now with the dow poised to open down about 3 . Lets look at the numbers. The shanghai composite wiped out all gains for the year, its largest fall in that market in eight nears. The nikkei tumbled four and a half , hitting a five month low. Australia had its worst one day sell off in four years, markets plunging wiping some 40 billion u. S. Dollars off the books there. European stocks are hurting, too, in london, down two and a half , germanys Main Exchange is off 3 . Adrien brown has more on whats behind this from beijing. It is another turbulent day for asian stock markets. Shanghai, the worst performing is down more than 8 , the biggest single day drop in many months. The government before the market opened has said that it was going to use billions of dollars from a state pension fund to p
Evacuees seek shelter where they can. Crisis averted. After threats, artillery fire, north and south korea pull back from the brink. Easing tensions on the boarder. The americans that stop the massacre. Good evening, im antonio mora. This is al jazeera america. We begin with volatility. Asian markets are open for trading, opening down significantly. Tom have rebounded, the volatility is high, chinas slowing economy sparked a sell off in europe, asia and the u. S. Global vestors are watching to see if it will continue to make waves in the conference on tuesday. Looks like another rollercoaster in asia today. Yes, i think the asia specific markets is reeling from whats happened on monday. Of course, monday evening, where you are, but its Tuesday Morning here, and the market is open within the last two hours. They have to say on everything that its the chinese market, a globalizer is fluctuating. Tes its down 510 . What we are seeing is japan, tai yarn, south korea. They have a turn aroun
Parcels containing body parts have been found at a shipping office in thailand. Hello, and welcome to the program. A gamechanger, that is how australias Prime Minister has described a free trade deal agreed with china. Tony abbott says that it is the most comprehensive that beijing has struck with any country. Chinese president xi jinping witnessed the signing while on a state visit to australia following the g20 summit. He also made a rare address to parliament. The deal, which follows nearly ten years of negotiations, will gradually open up markets worth a potential 18 billion to australia and will loosen restrictions on chinese investments. While the negotiations to achieve this deal had stalled last year before 11th hour talks, in short, the pact could be signed during president xi jinpings current state visit. Translator both Prime Minister abbott and i share a view that at this new starting point, the two sides need to seize the opportunities and Work Together to bring our volati
Good morning. Welcome to the pulse. We are live from bloombergs European Headquarters in london. We begin with a deal between apple and china mobile. After six years of negotiations, the two companies have struck a negotiation struck an agreement. Us withine high joins the details. It has been a while coming. Six years of haggling and finally, apple is able to access a Customer Base that is more than double the population of the United States. 1. 2 billion. This is a big gap in the distribution of the apple iphone. They have already been in china since 2009. But via the secondlargest carrier, china unicom. Finally, the deal is sealed with china mobile. Just below two thirds of the market they currently control. The customers7, can lay claim to an iphone 5c or 5s. What sort of sales growth are we likely to see . Morgan stanley says this could add 12 million iphone sales for apple in 2014. That is about an eight percent increase on the amount of iphones they sold in 2012. They sold 150 m
According to people with knowledge of the matter. The ceo is in San Francisco. We are learning more about the tense relationship between Tech Companies and the nsa. The government threatens to find yahoo 250,000 today if it did not turn over user data. This happened in 2008. We will look at what changed since then. To the lead story. The biggest iphone appears to be off to a hot start. The device is on backorder and is not expected to ship for three or four weeks. The data phone is scheduled to hit stores. People vented on twitter. One tweeted not everyone having problems but with the issues, is it a supply couple more are they trying to drum up demand . What do you think, is this marketing or do they have supply issues . Every single time they come out with a phone this happens. I will go with this is probably the way they want it to play out. It is great to have two or three week backlogs. It would be a disaster if it were two or three months. To say there is so much demand you have