Companies can offer some security. We have the world covered here on daybreak asia. Mountain view,m california later in the show at the google io conference. Betty and we have the latest Market Reaction on the market movements in washington. This is daybreak asia live from u. S. And asian headquarters. I am betty lou here in new york where it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong, i am yvonne man. Hour seems wery are getting another headline. In the last 60 minutes we learned at the doj is bowing to political pressure and appointing a special prosecutor for the Russian Investigation. Betty someone very wellrespected, Robert Mueller, the former fbi director. This might perhaps bring a sense of calm or push the positive button in terms of all this , did donald trump try to influence the fbi, politicize it . This may go some way toward calming those fears. We saw that in the market, the dow down 370 points. Some may ask, what took so long . We have
If the trend continues for the rest of the month, there is more likelihood of vacancy some moves see somehood we could moves. We are holding the decline that we saw on friday and a drop of the before drop of three or 4 . We are seeing brent as well searching at about 1. 3 . 33 per barrel. Not much given that output free stock. Remainsnd demand still unclear. . Ngie angie debt levels could get into dangerous territory in a lot of peoples opinions. Sure joins us. What do Analysts Expect in china . Y chinas debt will not speak for another four years. They see the ratio increasing to 2019. To peak at expected 283 of gdp. This is a delicate balancing act. They are keeping credit slowing to help the economy, boost the economy, to around the 6. 5 expansion. It is not too fast to trigger a credit blowout. At this graph, the state of look at this graph, this data is showing new loans just surging starting up in the last year. Goldman sachs says it is impossible to identify a specific debtgdp le
Salvog firing the latest in the smartphone wars, unveiling its galaxy s7. Virtua reality is the new growth partner. Follow me on twitter. Dont forget to include the hashtag as well. Stocks having a little bit of a bounce. Rally the biggest weekly in four years. Japan reversing declines. A lot going on. Heresnne yvonne. The nikkei off session highs. There could be boosted sentiment in equities. Overall, we are seeing, we are still down 5 this year despite the best week weve had since 2011. We have paired back from the losses, but we are closer to being flat on the regional benchmark. The big news, the head of the Securities Regulator in china, has been removed from his role. The government really taking action here after last months stock market rout, which did lead to that suspension of the Circuit Breaker system. Analysts say someone had to bear the responsibility. We will see how that reaction is. Bankormer chairman of as will now replace him. Hsbc earnings are out later on today. Lo
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