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Payment ahead of a vital eu summit next month. Now on bbc news all the latest Business News live from singapore. What does it take to keep their Competitive Airline up and running . We will find out from the man who was credited with turning qantas around. And the new chief of ericsson has his sights set on asia as the tech and Telecommunications Industry changes with the times. Good morning asia, hello world. It isa good morning asia, hello world. It is a wednesday. Thank you for joining us for another exciting edition of Asia Business report. We start off with australias flagship carrier qan...

Year stocks falling for a third day. , luxembourg and portugal higher. As a whole, the stoxx 600 is down for a third day. We are seeing the euro rise to a threeyear high against the dollar. All these currencies rising against the dollar as yields are gaining across europe today. Fairly hawkish comments from the ecb about the qe program. We will talk to Richard Jones about that one a little later. We had some pmi manufacturing data out of the u. K. Today. Lets look at the eurozone equivalent, rising by a record in december, capping a solid year. 60. 6 was the figure. That is a big increase in l...

By that of the nasdaq as it is rising more than 1 . Tech shares accounting for a decent amount of the game. The gains are relatively broadbased as people get back to work today. Among the fang stocks helping account for the rise today weve got netflix on the rise. We also have some of the content and broadband providers on the rise as well. Disney, dish, Discovery Communications and charter communications. Mccrory looking at the media landscape for this year emphasizing the idea that content is king and that some of these content creators are going to do better. Fox buying more content. Variou...

Chinese equities are definitely leading the game. You can see one of the main gauges gaining 2 . We have a little bit of dollar weakness. Pmi isr manufacturing beating estimates. 60. 6. We were in line with expectations. Check out any kind of movement in europe. Look at the german bonds. Coming up up at 11 a. M. London time. The present we going to his outlook for the rest of the year. That includes china but also iran. Midday, the former u. S. Treasury secretary joins us. Towill also be speaking microsoft. Lets get to the bloomberg first word news. In iran, the death toll has climbed. 20 peop...

Rishaad going to bring you up some history. Another record for the s p 500 recordht good 2017s year does not necessarily mean that 2018 is going to be a bad one. Lets bring up for two to three. Ityou have a great year, means quite often that you will get not a good year the following. Thats the synopsis we have going back to 1938 todays game, not tomorrow spain. The s p 500 on track for a 20 increase last year. It was matched 20 times in the last 80 years. Higherck market was three quarters of the time averaging 89 return here in averaging a 9 return. Haidi what is incredible is that we are no...