Mostly higher taking its cue once again from the u. S. Through the shanghai composite, nikkei average and kospi. The hang seng lower by half of a percent. The saudi ipo is on track. The managing are getting some hopes to big investors that the oil giants public debut is on schedule for next year despite the speculation that we are going to see some private investors on the steel like the chinese, which may very well will be likely. The push for tax reform back in the u. S. President trump set to head to capitol hill to encourage republican senators to move forward on tax reform. First daughter ivanka trump spoke about the importance of getting the reform passed. Watch. The tax reform is so critical. We are doing it administratively, and the regulation ever really feeling entrepreneurship in the state in terms of optimism, stock market. I would hear it in every conversation i had with the people through the course of the day. So that is what fuels them and that is what we are fighting f
Straight tos get stories, these arrests in saudi arabia. What we have his shocking news out of the kingdom. Chart 9472,off with stories not situation normal. Profilest of high individuals. Of. 3 . Gain the chart showing the situation allnything but normal below coverages. Kingdom holdings is the company who wasg to the prince taken into custody. He is the worlds 50th richest man. That stock was down as much as 8 . People looking very closely at the situation there. We will continue looking closely and the implications or investors as we look ahead to this aramco listing. One of our analysts that we spoke to pointing out the domestic perception of what this is is different to the international reactions. We will big deeper into that story. The markets are waking up to a brandnew week. Some pentup demand having been away on friday. Sophie after that three day weekend, japanese stocks mixed to start for the region after u. S. Stocks capped the longest streak of gains since 2013. Earnings
Government and the president. And ukraines conflict has claimed 5,000 lives says the u. N. We are in the countrys east where people are living in fear. Tributes have been pouring in for saudi arabias late King Abdullah. Leaders from around the world have attended his funeral. Power has now passed to Abdullah Abdullahs half brother, salmon. And one of the late monarchs grandsons has been named as deputy crown prince. We will have more on that in a moment. But first erika woods reports on the funeral. Reporter dignitaries arrive from all over the world to pay their respects. Among them the mayor of kuwait the Prime Minister of egypt, and the leaders of neighboring countries. After they arrived they gathered for sample funeral, lasting less than an hour the ceremony was a chance for foreign dig that tears to greet the family. International leaders passed on their respects through statements. The kingdom of bahrain said and u. S. President barack obama said as a heard, he was always candid
Hello, the funeral of the formal saudi king has taken place in the capitol hours after his death. He was buried after friday prayers in an unmarked grave in accordance with tradition. Leaders from across the arab world attended the funeral. Heads of state from turkey and pakistan and others paid their respects to the late heard. The new king has promised continuity and has called for solidarity among muslims. Erika wood has this report. Reporter from all over the middle east arrived to pay their respects. Just after they arrived, they gathered for a simple funeral, lasting less than an hour the ceremony was a chance for foreign dignitaries to greet his family including his success or salman bin abdulaziz alsaud. International leaders passed on their respects through statements. The kingdom of bahrain said and u. S. President barack obama said and a similar sentiment from the former president of israel. It is a real loss for the middle east and a real loss for the peace in the middle ea
Argentina calls for the scrapping of its spy agency. And they were sacked from nigerias army for refusing to fight boko haram, now these former solders say they are fighting for justice. Hello, a gun and bomb attack at a major hotel in libyas capitol has left at least 11 people dead. Gunmen stormed the hotel in tripoli which is used by diplomats and foreign workers. There was a siege lasting several hours. Victoria reports. Reporter the roads around the hotel have been sealed off by the police and the army. Some guests run outside the hotel, thats when a car bomb exploded in the parking lot. And after a gun battle the attackers detonated their explosives inside the hotel. This was a very well coordinated attack on one of the the most Popular Hotels in the city a hotel which housed a number of embassies up until last summer during a militia battle in the city. It is also very popular with foreign dignitaries and Business People visiting tripoli. Reporter a group linked to Islamic State