Yields down by about eight basis points, once again under 1 for the 10 year. Time now for global exchange. From hong kong to washington to new york, our bloomberg voices are on the ground with this mornings top stories. Want to beginning asia. Total coronavirus cases around the world is now above 95,000. Cases seem to slow in south korea, while switzerland reported its first death. With us now is sophie kamaruddin. Is reporting an increasing number of recovery patients, roughly 62 of those who have been diagnosed who have been discharged from hospitals. The number of fatalities reported wednesday totaling 31, all of which were in hubei province. Jinpings scheduled visit to tokyo has been delayed, and Prime Minister shinzo abe did reveal tighter border controls and japan, including two weeks of quarantine from visitors arriving from china and iran, as well as south korea, where cases have topped 6000, but the daily count has slowed has monday at the country been testing hundreds of thou
And thats when the Trading Halted it slowed some of the panic selling, the machine selling and at the end of the day, still down more than that for the dow futures for the dow a decline of more than 2,000 points. Youre looking at a big bounceback but only half of the declines from yesterday. Up by 1100 . It found some support and then it was down 5 and then it closed about where it was indicated to open. Right. But we kept saying what if the garden variety correction is 12 we got a pandemic whats a decent where do we got an additional 18 or 19 yesterday. Well, in total. Down down 18 or 19. Yeah. If it goes from here up 1,000 today youll once again be the call of the bottom you will be ill take it. I hope im the call of the bottom. I hope you are too. But its just consensus. Just the feeling that everyone has at the same time that you express. Thats all it is thats many times that is the indicator. Do you think do you think we have more to go . Well, i understand the focus on the equity
World, from vienna to london, frankfurt to washington come our bloomberg roses are on the ground with all the top stories. In vienna, opec is said to reduce its target as a rock promises to comply. Joining me for more is bloombergs annmarie hordern. But do we know so far . Annmarie good morning. What we know is theyve agreed at the opec allies meeting today to cut by the hundred thousand barrels a day, but the devil is in the details. Brent and wti are both lower. This cut is basically cosmetic. We are still waiting for more details because it just brings the figures on paper to what theyve been producing throughout the year. Some members, including saudi arabia, have been cutting well below their target. That was the message from ben salman thisfrom bin morning, and his first meeting is energy minister. He said further compliance is needed. Everyone in the room knew he was talking about, even though he didnt name and shame. The message was simple. Stop cheating. Alix indeed. Thank you
World. Our bloomberg voices are on the ground with this mornings top stories. We want to start in hong kong, where the chaos continues. Police and protesters clashed again after violent weekend standups. The Chinese Foreign Ministry Spokesman reiterated beijings support for the police force, calling the protesters extremely violent criminals. Precedent, you can see what is happening in hong kong right now is not a peaceful demonstration. It has turned into a violent protest against ordinary people led by a small group of extreme violent criminals. Alix joining me from hong kong is karen leigh. Walk us through the significance of what happened over the weekend in terms of escalation at the university. Anotherong kong had week of chaos after a week that has paralyzed part of the city. Carrie lam and other officials are urging protesters at the university to surrender, even as activists are calling for more rallies near the campus to support these demonstrators cured police and protesters
Im italian, or im an italianamerican and many of my fellow italianamericans get defensive about Christopher Columbus. Im not sure why. First of all, he was working for spain. He wasnt yvoneven working for italy. Second, never even got to north america. He was never here. Did you know that . The closest he got was the bahamas. He died thinking he went to india and found a trade route to china. He did neither one of those things. This was a guy with three boats and a bad sense of direction. [ laughter ] columbus is basically the 1492 version of the people who write first in the youtube comments section. [ laughter ] but for some reason italians think its an insult to you are our ancestry to say no to columbus. Columbus missed india by 9,000 miles and still decided to call everyone he met indians anyway. [ laughter ] you know, Leonardo Da Vinci invented the helicopter in 1493. He drew a helicopter. Why dont we celebrate him . There are 100 maybe 500 more deserving italians we could be cel