Services. Westpacs full year profits plunge after fines for Money Laundering. Cash earnings falls. One of those stocks where watching going into the sydney open. Lets look at the market open. Sophie . Expecting some moves this monday. The biggest weekly drop since september 25 as investors adjust the some of the risk ahead. We did have the worst week for aussie stocks since april. Adding 0. 1 . We have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approach of every management values the company at 4. 5 billion. Westpac has results out this morning. Later this week we get results upm alibaba which ticked single day sales early on sunday. The ipo is a big event we are watching this week. We are expecting a big pop here on thursday given the massive appetite we have seen for the offering. Friday had the biggest drop since june. Of a private survey of chinese manufacturing data. To focus more on the u. N. , lets pull up on the chart on the terminal
Shery you are watching daybreak asia live from new york, sydney, and hong kong. Annabelle asia is major market opens. Haidi a big week with centralbank decisions in focus and the dollar is slightly weaker in monday trade. Michelle bullock is taking charge of the rba. Fresh tests ahead for Country Garden with deadlines for bonds. Shery u. S. Futures with a little upside after stocks fell in new york on friday. S p 500 had a weekly loss and nasdaq 100 fell 2 . We are watching many things including triple witching options expirations and anxiety over the fact we do not know how long the auto sector strike will continue and data showing new york and you fracturing unexpectedly expanded with treasury yields gaining across the board with two year yields holding at the highest level in 16 years and Oil Prices Continue extending gains over 90 a barrel after three weeks of gains already it is the supply outlook and reports we got last week including from opecplus that we might see a deficit for
The council of ministers has determined the revenue limits for Small Businesses to receive Government Support. Belgospishcheprom increased sales abroad by a quarter; in the Eurasian Union, unemployment decreased by 13 . We will not only talk about this in the coming minutes. You are looking Economic News in alinas studio. Good morning. The government has determined the amount of revenue with which Small Businesses can qualify for Government Support this year. According to the document, the limit for individual entrepreneurs will be 552,000 rubles. A microorganization has a vice price of just over 4 million, and for small organizations the revenue should not exceed 15,240,000 rubles. The resolution applies to relationships that have arisen since the beginning of this year. The ministry of labor told us how much. The funds were returned according to the decree on timely payment of wages, for the year, that is, from the beginning of the document , more than 5 million rubles were returned
24 on steel imports from all countries. Isnas Commerce Department beijing will take the necessary measures to protect its own rights. Noble group says it is confident that rebuilding its business and asia despite flagging a fourthquarter net loss of up to 1. 93 billion. They are restructuring talks with stakeholders have been productive per chair holders have criticized a deal announced last month to restructure 3. 5 billion worth of debt. Indias ceo bank says it has exposure of about 412 million to a fraud against a bank in a case linked to a billionaire. Three people have been arrested over the alleged 2 million scam, including two employees of pnb. They are accused of using fake pnb guarantees to fraudulent lee obtain loans. Bankers are said to be at risk of losses. Bridgestones sale as the tokyo opened after it missed estimates per guidance released after the friday close for operating income of 3. 5 billion. About 4. 5 below the average it was based on a Dollar Yen Exchange rate o
I am anna edwards. Lets get you the latest on what is happening with the greek story. Lets show you what has been happening on the euro. This is the euro against the dollar. We have seen the rhetoric continuing on both sides. Mario draghi says ball is in greece escort. The finance ministers are planning a Conference Call today ahead of that meeting on thursday. That is something to watch out for. That was surrounding a story in germany that suggested the eurozone ministers are getting closer to coming up with some sort of emergency plan for any grexit situation. As you can see the euro bounced and we are at the 112 mark. That takes us to our twitter question. In terms of following the great twitter story, who should make the next move to resolve the greek crisis . Lets recap the u. S. Markets. European markets were week as a result of the greek news flow and that fit into the u. S. Session. We had manufacturing data out of the u. S. Which missed estimates. We had two days of fed meetin