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DW Business July 13, 2024

President Donald Donald trump in stride and the dow jones index mostly holding its ground wednesday its been rallying since since late last week spurred by progress toward a u. S. China trade deal major indexes have been setting new records and a recent survey showed approval of trumps handling of the economy at a one year high. And lets bring in our financial correspondent yens cord on wall street so yes so much political turmoil yet wall street is so confident why. Well u. S. President donald trump has been pretty good for wall street especially with the tax cuts in the last year and nobody here on the floor believes that at the end of the day u. S. President donald trump will have to leave his office specially when it might come to a trial in the senate there was a recent survey saying that 80 is 3 percent of republicans are against an impeachment and to actually get u. S. President donald trump out of office well you would need ....

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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

She prepares his new years address. Is set to be ghosn in lebanon. One source tells us he fled japan ahead of a trial and financial misconduct charges. Markets in asia are winding down for the year. Australias equity market closes early this new year. Sophie has a final session how is the final session of the year looking . Sophie some pressure coming through. The aussie share market off 1. 2 , trimming the yeartodate gain but still set for the best year since 2009. Eminis little changed. Nikkei futures in singapore off by 1 and the bloomberg dollar index extending declines for a fourth straight session as the greenback is set for the Fourth Annual drop since 2010. Let switch out the board to check in on what markets are closed this new years eve. Indonesia, the philippines, and china closing along with south korea and japan entering a sixday new year holiday. We will be waiting to see whether we have yen like we saw earlier this y ....

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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Itsco prepares to make trading debut in riyadh. Reports say it is considering a secondary listing in asia. I want to get you to some breaking news out of new zealand. We have a fiscal update for you. They are cutting the Budget Surplus forecast. It now sees a budget deficit in 2019 and 2020. And smaller updates after that, specifically 943 million deficit. This is a previously forecast billion dollars. Returning to forecast the following years, but only just. Forecast was for 2. 1 billion. Growth of 2. 1 seeing a sharp wasward revision from what previously forecast as well. 2020 is an Election Year from new zealand, too. Just some headlines there. Thats get straight to the Market Action with Sophie Kamaruddin in hong kong. Sophie lets kick off with tokyo. Topix wit ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Say cuts are needed to pick up momentum. Lets turn the page. Lets look at where currencies are at this point in time. Dollaryen, taking a look at 1. 0939. Taking a look. The shock of flooding. It consolidates in. Pretty much a subdued session. At 1197. R index rishaad lets take a look at india. The session is about 43 minutes away. Futures at the moment down a fraction. Getting you up to speed with what happened. A very topsyturvy day in mumbai. At the end of it, we were pretty much where we started, flat, but we did have some pretty big deltas. Rupee continuing to weaken. Against a little bit of Dollar Strength among some of these emergingmarket currencies. Thething which had gone by wayside a couple of weeks ago when we saw the reserve bank do nothing with interest rates. 50, bute looking at they did not do anything. Some of the verbiage has turned more dovish. As a result, people have been sending yields down. 6. 57 in the 10y ....

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DW Business July 13, 2024

Huawei demonstrates tomorrows world of Wireless Communications here the company uses the facility to flex its 5 g. Muscles while ways take on the new technology is praised by many customers and its cheaper than 5 g. Systems from europe or the United States but many are wary with critics saying the threat for a while wait to misuse the technology is real the concern is that it would pass on user data to the Chinese Government. The chairman of the company told doj are valid the concerns are unfounded. All we want to one way is never received any such requests during our operations over the past years and even if we received such requests in the future we would not agree to them without lawful requests we wont do anything which will a woman. Though there is no proof of
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