Anguish among the families or prisoners after a coronavirus triggered riots behind bars killing more than 20 inmates. More doubt about the Tokyo Olympics talks began about whether the games should be postponed. Singapore airlines and its regional and local aust arms around the 96 percent of their fleet aviation is reeling from collapsing passenger numbers of border closures because of the chronic virus pandemic and the United Arab Emirates home to International Hub dubai is suspending all passenger flights including transit travellers and the viral at the epicenter that is italy another 651. 00 people have died the government has imposed new lockdown measures so lets look at the global snapshot now this is from us face Johns Hopkins university about 333000 and texans since this outbreak began almost 99000 people have recovered more than 14600 have died because pollen joins us live now from hong kong so davey a this is a Significant Development from Singapore Airlines what else do we kn
The u. S. Senates lack of progress on a coronavirus to miss bill pushes Global Stock Markets into the red and italys daily coronavirus death toll falls but still exceeds 650. 00 production is at a standstill and all internal travel bans. Singapore airlines and its regional and low cost arms are grounding 96 percent of the fleets the Aviation Industry is reeling from collapsing passenger numbers and border closures due to the coronavirus been demi the United Arab Emirates home to the International Hub dubai is suspending all passenger flights including transit travel is now the news in the viral at the center its not a 651. 00 people have died and the government has imposed new lockdown. Measures now this is a global snapshot from the u. S. Based John Hopkins University about 3 136000 infections since the outbreak began and almost 99000 people have recovered more than 14600 have died or lets talk to diego pollen in hong kong about the travel restrictions across asia deviates not just Si
In infections or deaths could mean the tokyo economy could go in reverse. There is cautious optimism in europe. Spain and italy reported a decline in infection rates as people are told to stayathome over the easter break. Haidi we are getting breaking news out of south korea. The latest reading of the impact of the ongoing coronavirus pandemic having on this explosive economy. Of threetting a plunge point 8 when it comes to Industrial Production. That is actually better than the survey. We were expecting a contraction to the tune of four point 5 but 3. 8 percent contraction, worse than a contraction we saw in the month of january. When it comes to the year on year number, 11. 4 gained. A lot better than the 3. 4 that was surveyed and bouncing back well and truly from a contraction of 2. 4 percent. Seasonality issues will also be at play but we are expecting to it continued disruption when comes to supply chains, manufacturing, and overall industrial productivity and activity in korea a
Americans, its bad. The infection adds to the oil slump. Shery lets get you started with a quick check of the markets. We were seeing earlier losses gaining three tents of 1 , but its still early in trading coming off the worst day again since 1987 and losses accelerating and falling to session lows. President trump talked about economic disruption lasting well into the summer. The dow now falling to the lowest level in two years. Losse talking about a 30 since the peak in february. We are seeing the Downside Pressure with the s p 500 index. Every sector on the s p in the red with losses of at least 7 . Financials and real estate leading the declines. , fallingave small caps more than 12 . U. S. Futures at the moment, a little upside. Up 6 10 of 1 . We will see how things shape up as the asia session gets underway. Amid thesia wideranging meltdown with more central bank rates, moving to boost liquidity we had on monday. The bank of korea delivering a 50 basis point cuts in emerging mee
I want to drive it all night long. Lauren welcome to fbn a. M. Good morning. Happy thursday, little friday. Im lauren. Cheryl all night long, youve got the markets trading a lot of action to get to. Good morning, im cheryl casone. Lauren lets take a look at how your money is moving this morning after nearly 1200 point rally yesterday, stocks giving some of that back this morning, dow down almost 400 points, one andahalf percent. Nasdaq down 146 this morning. Cheryl on the heels of 50 basis point cut by the fed, that big surprise this week, records this week on the 10 year. We are still below 1 on the yield. This is something else. We are down 7. 9 basis points this morning, incredible on the 10 year. Lauren opec meeting in vienna, the price of oil is down a third of 1 . Will they announce production cuts to boost that price . Gold up 1. 80 this morning at 1644 an ounce. Cheryl stocks in asia, the number of confirmed cases in china over 80,000, 6,000 cases in south korea consistent firm