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Security law over hong kong sparks outrage from the opposition. We will be live in beijing at the National Peoples conference with the latest. President trump, a pledge of retaliation. The hang seng leaves asian stocks lower as u. S. Senators lower rates. And the fed could hold further guidance until the fall. Bets on a boe journey toward up support for small business. We are just under an hour away from the start of cash equity trading in europe. We will take a look first at futures after the hang seng fell 5 . Youre a stocks, ftse, and dax futures all down one euro stoxx, ftse, and dax futures all down 1 or more. On the majorps European Equity indexes. In terms of u. S. Futures, halfpercent drops, basically, across the dow jones, s p, and nasdaq futures contracts. It looks like it could be a negative open, even before we talk about big budget deficits. Anna indeed. Lets ....
In infections or deaths could mean the tokyo economy could go in reverse. There is cautious optimism in europe. Spain and italy reported a decline in infection rates as people are told to stayathome over the easter break. Haidi we are getting breaking news out of south korea. The latest reading of the impact of the ongoing coronavirus pandemic having on this explosive economy. Of threetting a plunge point 8 when it comes to Industrial Production. That is actually better than the survey. We were expecting a contraction to the tune of four point 5 but 3. 8 percent contraction, worse than a contraction we saw in the month of january. When it comes to the year on year number, 11. 4 gained. A lot better than the 3. 4 that was surveyed and bouncing back well and truly from a contraction of 2. 4 percent. Seasonality issues will also be at play but we are expecting to it continued disruption when comes to supply chains, manufacturi ....
Appear to be lockdowns in a number of italian cities, thats reason enough for not only in this country but certainly in europe for hotels, airline stocks, casinos, and cruise lines to be taking it on the chin here. What is interesting, before i get the read here in the United States, is what has happened to European Airlines like easyjet. That is the discount budget carrier. That is down an excess of 13 . Ryanair, 13 . Deutch lufthansa close to 10 . Air franceklm, about 9 . I could go on but just to i illustrate what is impact here on percentage term is bigger impact there the selloff is revisiting session lows. Right out of the gate we were down close to 1000 points. Right now, the dow underwater for the year with 922 point hit. Deirdre bolton at New York Stock Exchange. Reporter neil, were negative on the do ....
Super tuesday, a third of pledged delegates up for grabs today. This is former Vice President gets the backing of former opponents and Mike Bloomberg appears in the ballot for the first time. Plus this, the coronavirus in the United States, 6 people dead in washington state. We are taking a look, g7 vice ministers as economies hit around the world. President trump cutting for the Federal Reserve to cut Interest Rates as the virus spreads and slows down the economic story. First, focus on retail, target and kohls reporting this morning. Watch any impact on coronavirus. Mornings with maria is right now. Maria we will start with markets. We are hitting rock bottom levels after a 52week low yesterday, check out the ....
Now on bbc news live to singapore for Asia Business report. Unhappy holidays for amazon. Shares of the Online Retail giant giant slump as it expect so we can forecast a christmas sales. Find start your day, why you could soon be going to work in one of these air taxis. Good morning asia, hello world. Yes it is a friday, almost the weekend. Im rico hizon for Asia Business report. Whats start with amazon because the stock price fell in extended us trading. The slide comes as the Company Forecast revenue and profits for the Christmas Holiday quarter to be below expectations. Amazon is facing fierce competition and rising cost from its plan to speed up delivery time globally. The latest from new york. Amazons pus ....