Page 17 - Rick Davis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

foggy in santa rosa with dense fog down to a quarter mile at 42. as we head through the afternoon, seasonal daytime highs. back to where we should be. 61 oakland. 67 for a high in san jose. we will talk about if there are any weather systems coming our way, bringing the rain in just a few minutes. gianna, how is that commute? it is busy this morning. make sure you give yourself a few extra minutes if you're taking the bay bridge. we had an early morning trouble spot. that has all been cleared out of lanes. the metering lights are turned on. earlier than usual. so a big back up into...

across asia pacific, the bank of new zealand held the cash rate steady at 1% as expected, but we saw highs of the session after the benchmark hit a fresh record high, still up by .5 percentage, and at the same time the japanese nikkei is higher by .5% above its 50 day moving average, being helped by very strong gains in softbank. the one moving to the downside is the csi 500 for china mainland stocks, but you have to put it in perspective. remember, this comes after a 7% gain we have seen over the past week or so, after the initial lunar new year holiday losses. to the upside, we are...

risk on bounce. it is time for global exchange, where we bring you today's market moving news from all around the world. from hong kong to berlin, brussels, washington, and new hampshire, our bloomberg voices are on the ground with this morning's top stories. we begin in asia and the latest on the coronavirus outbreak. the current number of cases stands at just over 43,000. the death toll now 1000. joining me from hong kong is "--aad salamat," anger of --haad salamat," anchor of coanchor of "t, bloomberg markets: asia." a feeling out's of china that things have perhaps gone a bit too...

sovereign wealth funds. arechinese banking assets 47% of world gdp. instability -- does instability in the chinese banking industry pose a threat to the global financial system, is it a virus like they already contributed a physical virus? chair powell: generally, as i am sure you are a where, -- as i am sure you are aware, china has had a high debt to gdp for this stage in the economy. the government has actually been by the central bank to try to control the growth of debt. they stuck to that through the last couple of years, even those -- even though they were challenging years ec...

cycle of dependency and onto economic opportunity. david: let's talk about the deficit reduction. maybe it will not be losing white as much money as we thought we were, but it will still be adding to the deficit. we would end up $30 trillion in the red. this is something president trump said he would turn around. what changed? mr. vought: nothing has changed. what has changed is the democrats on capitol hill have refused to consider the spending reform this president has put forward each and every year. we need congress to enact these important savings reforms. we will continue to pr...