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DW Business - News July 12, 2024

Exactly. Are no laws are sculpture history. Travel extremely worth a visit. As the rate for a cove is 19 vaccine heats up German Biotech Company karabakh goes public in a bid to raise cash for Clinical Trials u. S. President donald trump is among those whod be keeping a close eye on the companys progress. Also coming up the u. S. And china are prepared to resume trade talks the backdrop of a Global Pandemic and washingtons threat to bomb social media giant take top. Business im Kate Ferguson thanks for joining me. It was a hotly anticipated i. P. O. And it turns out to have been as lucrative as Analysts Expect it German Biotech Company ka ....

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RT News July 12, 2024

Wife busy. Good afternoon from russia just to midday here live from International World news Center Moscow one name is kevin 0 in there with the latest for this hour for the next 30 minutes or so maybe hope you stick around to see 1st a secret source for the notorious private Intelligence Report which failed to link donald trump to russian collusion back in 2016 has been revealed and it turns out its u. S. Residents rather than the supposed russia based source so as he goes down off explains next today a lot of the dossier is seem to rely on chats between drinking buddies. It was a dossier that some prophesies would spell doom for donald trump as president and as a human being with any shred of decency the document burned by still spread like wildfire across the media spilling way beyond the u. S. Borders the do ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

33 . Jobless claims rise for a second week with 17 million filing for benefits. International condemnation of hong kongs decision to bar a dozen prodemocracy candidates from Upcoming Elections as chinas new security law breaking news out of south korea. We are getting june Industrial Production numbers and they are a strong beat for the month on month numbers for june, a growth of 7. 2 . The estimate was for growth of around 2 . It is also coming after the previous number was revised downward, so its a bigger beat than expected. The year on year number still in contraction but only up. 5 percent. The expectation was for a plunge of 5 . The previous number was revised downward. We have seen a little bit more optimism. Manufacturers confidence in south korea rising. We have seen export declines starting to ease. Chinese demand rising, not to mention demand in the chi ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

Wave. S fears of a second the u. S. Seeing 16,000 cases a day. Hong kong in the third wave right now. All youll futures elevated. You are seeing a risk off move today. Focus on the chinese story. We are seeing a down day even when it comes to chinese stocks. We will see how this plays out. Lower by 6 10 of 1 for the shanghai composite. Asia had their best Weekly Performance in five years. The csi 300 large caps, ada percent of the index has been overbought. Thats the highest on record. We are seeing profittaking here today. Shenzhen, more of that robustness. The most overbought on record. That is still going higher by 1 today. It seems like the bond market is at mercy with this rally as well. Bonds at 306 right now. Yields falling. Bnp paribas saying that 10 year yield could rise to 3. 4 . We are watching other markets as well. Hong kong is a focus today. We saw a Record Numbe ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Operations in new zealand. The hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. Switching off the board to the terminal chart. We are ....

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