Wechat on sunday. Back to the race for a treatment for covid and a cure, at least a vaccine roche unveils a new Antibody Test and Vice President calls on trump to step down and tech volatility, the s p and the nasdaq aiming for a rebound to end what has been a turbulent week for stocks. So we will start with tiktok and wechat, jim, just listening to you and andrew a moment ago doesnt sound like you see a whole lot of material to salvage this in the next 48 hours. I think that walmart feels like its given everything it can, i think that the people in the private equity have given everything, oracle, difficult to tell whether they think they can do more, but they had really felt that when pretrump it was looking like it was 43 owned by u. S. , 14 by international, chinese own 45 posttrump they are talking about u. S. Owns 53, international owns 11, chinese own 36 i think its the chinese owning 36 is the Sticking Point david, what level do you think the president would allow this deal or
More Domestic Travel to a little more overseas travel now. Theaad lets get to markets and have a look at what is going on. Nikkei, in with the leading japanese shares, just seeing stocks drifting to the upside. We did see jobless numbers come out. Slightly better than expected, looking for a 3 jobless rate, but 2. 9 . Looking elsewhere, retail sales out of hong kong, looking also at the futures for the u. S. , pretty much flat. Asian equities drifting slightly to the upside. Looking at the shanghai composite, lets look at how the gpi is behaving as well. Just about flat. The shanghai comp, 0. 2 lower. Chinese Economic Activity continued to rebound. Expansion in manufacturing activity, just slowing slightly there. A Rate Decision out of australia later on. Expecting the rba to keep rates. And the singapore market 0. 6 lower. Quick check on the currency is, weve got a fifth straight monthly drop for the dollar. Bloomberg dollar index down by 0. 25 . The yen, a tad weaker. Euro currently
Reached in the story stimulus deal with trillions of dollars to assist the public but at the same time the World Health Organization is warning the u. S. Could be the next global epicenter of the pandemic. Hello there this is r. T. International from moscow welcome to the program has just turned 3 pm here now this wednesday as you can probably tell were going to slightly new show julian place for you for the time being im kevin over there with my colleagues will be here every day at this time so update you on the latest in a full 30 minute world news round up. Well 1st of all the big figures the overall number of coronavirus cases confirmed around the world today has surpassed 435000 this hour with the death toll over 19000. But all that said there is plenty of hope the figures keep changing but there are more than 111000 people recorded this having recovered since the outbreak started late last year. So were keeping an eye on the news feed out from the kremlin at the moment of putins
Is working on billions of allars of aid to help salve plundering economy. Even elections are being affected. Of of this is in the hope keeping coronavirus from getting worse. Our question for you this morning, what do you think about President Trumps declaration of a National Emergency on covid19 . Late, or soon, too justintime . We are going to open up regional lines this morning. If you are in the eastern or central time zones your telephone number is going to be 202 7488000. If you are in the mountain or pacific time zones we want to hear from you at 202 7488001. Thisve a special line open morning. This will be a line for medical professionals. If you are in the medical field we want to know what you are seeing out there. If you are in the medical field we want to hear from you at 202 7488002. Keep in mind you can always text. S at 202 7488003 and we are always reading on social media. This now, late last night the house of representatives passed a billiondollar aid package for figh
Nationwide. It has been hard to keep track of the number of colleges switching to virtual instruction because the changes have come so rapidly over the last week. Theres one crowd source document that a scholar has put together that has identified more than 200 colleges around the country that have posed or a move to virtual instruction. We are seeing it all over the place, all types of colleges. Some of the nations most elite colleges have moved to virtual instruction for the remainder of the semester, places like harvard, princeton, cornell. Also, we see a number of public universities doing this. Collegesee community doing this. In seattle, virtually all of them have moved to virtual instruction. Host what are we losing by these colleges and universities going to online classes . We know online instruction is becoming more and more popular in the higher ed community anyway, but what are we losing by these campuses closing, and specifically, what are students losing by these campuses