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4000 jobs worldwide. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. We are getting data out of italy. A bit better than expected. Is worse than expected, not better than expected. Shrinking 5. 4 in the first quarter, also after it was revised from a 4. 7 contraction before. That is having an impact on the stocks, if you look at european stocks, they are down to 1. 3 , and if you look at u. S. Treasury yields, 0. 6 . You what is going on, the crude oil with the biggest advance on record. President trump has said u. S. Policy measures on beijings mov...

Planning to sell bonds and admitting gdp targets this year stemming from uncertainties due to the Global Pandemic. Ourinda lets get to markets, anger markets coanchor Tom Mackenzie in the forbidden city. China dropped its gdp target for the First Time Since 1994. That is significant. Tom it is. Our bloomberg sources expected they would do this, but the economists werent entirely sure. They have dropped the gdp target completely, facing up to the economic reality. This was the result of the coronavirus. You saw First Quarter gdp in china drop. Surveys suggest you will get 1. 8 growth for 2020. ...

Support on time account growing the economy is improving Living Standards and better integrated if you dont want to try to think you have come into a long term prosperity ability gentian you know of the not true the major principles and policies on work related to taiwan that resolutely of a post and deter any separate question activities sic internal independence we were improved. Arrangements and policies are now facing hard and changes and corporations between the 2 sides of the taiwan straits i go to prostrate into great developments and to protect the well being soft our fellow competitor...

Hong kong. , 3. 6 down. Hshares. Eight shares. Indeed, the volatility. 31 spike to the upside. Earlier, the hong kong dollar weakening. It has been right up against the strongest part of that. It went down to the lowest in six weeks. We have come off of that for the time being. Seven hong kong dollars. 75 hong kong cents. Now looking is pretty for the rest of the region as well. It is putting much red across the board. Tie one below its 10 day moving average. Currently down about 2 . The taiwan index is down about one and a half. Losses for the sti. Down about 1. 9 . Singapore grappling with t...

The decision. Parts of eastern india and bangladesh are picking up the pieces after a powerful cycle and sweeps through killing at least 96 people. Chinas unveiled plans to rebuild an economy badly hit by coronavirus and clamp down on the protest movement in Hong Kong Premier League has shown that laid out the program for the next year in the opening address to the annual National Peoples congress a few hours ago he didnt set a growth target for the economy thats the 1st time thats happened in decades he also told more than 3000. 00 delegates that new laws would be introduced to ensure Nationa...