A few days ago it was the nasdaq at 7,000 overnight in asia, the nikkei, if you think these numbers have been good here, up by more than 3 . It had been closed for a bank holiday over the last two days so it had some catching up to do right now you can see the hang seng closed up by a half percentage point as did the shanghai if you look at whats been the early trade in some of those european markets that we watch closely, up across the board gains of almost a percent for the dax in germany and the cac in france. Ftse hanging in there. Still in the green with italy and spain, each up by 1 and look at crude oil prices yesterday a rally in crude oil, up by 2. 1 this morning additional gains of 11cents. 61. 74 a barrel for wti big corporate stories of the morning. Tesla is still struggling with production the carmaker releasing Fourth Quarter delivery numbers that fell short of expectations again, pushing back production targets for the model 3. Tesla delivered 1550 units of the highly an
Percentage point dax is slightly weaker, relatively flat as is the cac. Crude oil prices, crude Oil Yesterday was flat ended up by two cents this morning another 44 cents 55. 35 so wti above 50 a barrel. Back to the markets in a moment first the latest developments on Hurricane Maria. The hurricane making landfall on the island of dominica as a category 5 storm it is now weakened slightly within the past few hours to a category 4 thats the good news forecasters warn that maria could reach strength as it nears the Virgin Islands, puerto rico also in marias cross hairs. You know, when these hurricanes come, they come. This come in waves we are also following developing stories out of Southern California overnight a magnitude 3. 6 earthquake shook parts of los angeles it happened at 11 20 p. M. Local time dren residents as far away as costa mesa felt the rumble joseph, why never heard of costa mesa i called it so ed ied it cos, im mesa. Im a messa in the morning. Look at my script its thi
Theresa may is expected to make the offer in a speech on brexit in italy. Now on bbc news, all the latest Business News live from singapore. Chinas Credit Rating is downgraded over concerns the growing debt pile isa over concerns the growing debt pile is a major financial risk. Over concerns the growing debt pile is a majorfinancial risk. New zealanders go to the polls this weekend, a change in government could alter the business environment. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Im rico hizon. Glad you could join us. It isa rico hizon. Glad you could join us. It is a friday. Chinas Credit Rating has been downgraded ahead of a major meeting. It went from a to a , making it the last to be downgraded. The waiting drop in 2015. Earlier we got a take on the move. You have to realise that china has zero debt. They have won century bond which trades at 212, extraordinary. In terms of direct sovereign debt issued by china, it is irrelevant. The
Another one. The s p 500 had its first per week in nearly 20 years. A per week is when you close with a record high every day all five days. Thats the first time its done that since march of 1998 been a big year for the dow, too. It had a per week last year. Its not the first time its done that this year. Both the s p 500 and dow are coming off of executive consecutive weekly gains hat tip because i didnt figure out these numbers, he did. S p futures up by another 3. 5. Nasdaq up by almost 14 overnight in asia, heres another place where weve seen record after record. Nikkei once again closing at another record high. Up another 1. 1 . Gain of almost 240 points to 21,696 this is the highest level theyve seen in 20 years hang seng down. 6 percent and shanghai up by. 1 of a percent early trading in europe, most of the markets are trading higher dax up by. 6 cac is up a little bit higher. Ftse up a little bit and italy up a little bit. Crude oil prices and you will see that at least this mo
Trish were going to get to all of that. But the president is telling mr. Lou dobbs, that well have the biggest tax cuts ever in our countrys history. And two new probes into the 2010 russian uranium deal. A shady deal that went through while Hillary Clinton was secretary of state, and while president obama was in office. Why did they allow a foreign country to control 20 of our uranium supply . President trump saying just a short time ago, this is a modernage watergate. Wow. And House Majority leader Kevin Mccarthy is here to talk tax reform, the russian deal and a whole lot more. But first, lets bo to blake burman, he is outside the white house with the latest on the dossier. The president giving rather impromptu press conference, mentioning the dossier. Reporter impromptu, what were getting used to, trish, the president speaking while leaves the white house. Of the his first react to the revelation that it was Hillary Clinton campaign and Democratic National committee that had funded