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DW DW News July 12, 2024

Factions many states are reimposing locked on measures ahead of the National Holiday weekend. Im a use of thanks for joining us its been 23 years since britain handed over control of hong kong to china now the u. K. Is offering hong kong as a ticket out the British Government says it will allow permanent residency to up to 3000000. 00 people Prime Minister Boris Johnson made the offer to the former british colony after beijing imposed a Controversial National security law in hong kong the new law forbids a public difference public displays of Pro Independence sentiment offenders could face life in prison if convicted. Well you know that tens ....

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DW DW News July 12, 2024

Welcome to the program the u. S. Supreme court has blocked congress from obtaining president trumps financial records the court sent that decision down to. The Congressional Democrats plan to have his record released before the november elections in a similar case the justices ruled that a new york prosecutor have access to the president s financial records. And hands District Attorney called the decision a tremendous victory for the u. S. Justice system but a lower court will also have to decide whether or not those records will be made public. Lets join our Washington Bureau chief told we can now walk us through whats going on oh well so one of the Supreme Court rulings today against the president talk us through that decision from the justices. Well ....

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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Hong kong and tokyo reporting record tallies. And singapore heads to the polls for an election overshadowed by the pandemic. Voters will be asked to wear disposable gloves at the ballot box. How marketscheck of are trading. U. S. Futures plan at the moment, after a mixed finish in the new york session. The s p 500 and the dow fell. Viruse news of resurgence, not to mention to tensionsnot to mention escalating with china. Financial shares drag to the index. Dragged the index. The Energy Sector was down for a third consecutive session with the worst three days in about a month. Take a look at what oil is doing, because we are seeing it continue to dip slightly and below the 40 a barrel level. Key libyans that a oil field resumed production, threatening more barrels into the oversupplied market. Lets see how things are shaping up for the asian markets. Could beppetite fitting this friday with asian stocks mostly lower. This has we are ....

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BLOOMBERG Bloomberg Daybreak Asia July 12, 2024

U. S. Stores while pepsi shuts a food plant in beijing. Sending a message to the white house. How tictoc users may have contributed to the low turnout for President Trump in tulsa. Haidi lets take a look at how we are shaping up when it comes to the start of trading this monday morning in asia. Looking like a pretty uncertain start as u. S. Futures are. 25inuing to drop at percent. Nikkei futures trading in chicago down. 4 . We have a bit of strength in the yen in fact. We had the dollar outperforming at basically every g10 currencies in the overnight session other than the japanese yen which is sitting at that high 1060 handle. The are also seeing a slip when it comes to trading in oil prices after the market rose almost 10 last week on news that these output curves are continuing to work to break down the supply glut these concerns about a second wave of this virus resurgence are clouding the demand outlook and causing a bit mo ....

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BLOOMBERG Bloomberg Markets Asia July 12, 2024

U. S. Took preemptive action in terms of export controls for the city. Yvonne the one thing the chief executive has said is u. S. Sanctions will not scare us. That is the latest response from carrie lam. Given what weve heard from the u. S. Recently when sanctioned chinese officials over the security law, and also now as you mentioned, paring back trading benefits that hong kong has enjoyed with the u. S. As well. The market seems to be overshadowed by better data. Pretty early when it comes to pmi data in china that came out at the top of the hour. It seems like at this point its really about the fundamentals more than the politics that is driving this rebound we are seeing in risk assets today. Look at the asiapacific benchmark, up 1 . Set for the best quarter since 2009. Still, asian stocks have not really recouped most of the losses we saw in the First Quarter, but certainly u. S. Futures pointing positive as well. The hang sen ....

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