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foreigners have been taken hostage. police say some officers were wounded. police and security forces sealed off the area. the violence comes during the muslim holy month of ramadan. the british ambassador to japan says he s ready to seek the opinions of japanese leaders when the time comes for his country to negotiate its exit from the european union. what you want as the number two investor in britain and around europe as a whole after the united states is really important to us. and you need to tell us what matters to you and what matters less to you so that we have what i would call is the best results. the ambassador also spoke about the race to determine who will be the next leader of britain s governing conservative party. the winner of the contest will almost certainly become the new prime minister and will conduct the exit talks with the eu. five legislators are vying for the party s top job. they include justice secretary michael gove, a supporter of the ....
suggested a merger however yahoo! says the terms were not sufficiently compelling. let us know what you think. follow me on twitter at @rishaadtvand use #trendingbusinessas well. a number of markets closed. singapore and malaysia out of action. elsewhere pretty negative. we are getting a complete headwind out of new york this morning. not the best headwind you want. those losses we saw coming through from wall street on friday. also, volatility back, the vix back above 15. i won the only market coming online now. taiwan hi juan the only market coming online now. seeing anl very much impact, down 1.4%, the won weaker against the dollar. we will get to samsung in a moment. the nikkei off by over 1%. strengthen,ting to up .2% at the moment against the dollar. there were positive signs coming through from the factory floor in terms of machine orders, still very much deflationary pressures. to 2%. 200 off by close friday and base metals, iron or, gold, oil, not helping ....
continuing to search on the back of that positive reception to the new iphone. here in hong kong, firmer footing. shares rising the most in two months. through,numbers coming very strong, driving developers in this part of the world as well. story, ae other major rebound from friday s low, driving the risk sentiment and asia. yvonne: thank you so much. our top story, august a bumper month for china property sales. despite attempts to cool down the market, the value of home sales jump 33% last month. let s go to tom mackenzie following this for us. yes, we saw some red-hot prices in august for property sales in china. cities, 64 saw price rises, compared to 51 in july and 55 in june. month on month gains. shanghai, 5.2% increase in prices month on month in august. that despite the fact that both of those cities have introduce curbs to rein in prices. we have had other cities as well putting in curbs. that points to concerns that analysts have said were there, which is wh ....
tokyo governor yuriko koike. and still making the cut. a japanese hair stylist is still wielding the scissors at age 95. the leader of japan s largest opposition party has confronted the prime minister in the diet for the first time since she was elected earlier this month. translator: we haven t seen the end of deflation nor a virtuous economic cycle taking place. when would a cycle of monetary expansion of consumption and further improvement happen? don t we need to look into abenomics? renho said increasing child care and such is the proper path. but shinzo abe said it created a virtuous economic cycle. translator: people have been anxious as tax revenue decreased because of the deflation which lasted for more than 20 years. after the ldp came back to power, we were able to create a virtuous economic cycle by carrying out my economic policies. we can now say japan is no longer in a deflationary period. abe said he will fulfill his responsibilities by co ....
the global underperforming coming from the nikkei, closing down three for a percentage points, catching up with dollar yen. switch up the board and we would get to the fx market. we it is a weaker dollar story on the euro. that is a year-to-day high. just coming in a little bit following where crude is going down by .6 of 1% at $45.66. let s get across matt: a couple of them are the stories we have been watching all weekend long. yesterday afternoon is when we found this out, right? it feels like yesterday afternoon was the whole weekend for me because i took friday all the way to sunday. halliburton, baker use baker hughes calling on their merger. the second and third largest oil service on sunday, the plan company jon: baker hughes is planning a .uyback they have that $3.5 billion to play with now. david: so much for the speculation they would be investing in technology and being more competitive. let s buy back some shares. megan: $3.5 billion coming back was ....