15. 8 . The expectation was 14. 5. Kind of a mixed picture. It seems like that export picture will be the same. Butct here in large part, asia demand will be the big question as that is expected betty the biggest is a good segue to ask you about some of the asian Tech Companies. , know we have got this chart talking about amazon with a nice comparison with amazon still huge in market cap against the big asian Tech Companies like alibaba and tencent. Do you see Companies Like that following the lead of amazon . Mark i can cover alibaba, they surprised the market two weeks ago giving and outlook for almost 50 . They are benefiting from some of the same growth amazon has in the past, different ways of facebook and google. They are doing it in a market where they have an unusually strong market share. Alibaba china is greater than amazon, and it can sustain at those levels. I dont think i think the valuation is good for both sides. The basic underlying driver is you have secular growth wit
Stocks to currencies, the u. S. Election is that can mac. 8 00 across the emirates, 4 00 in london. Past noon. Kong, just welcome to the Bloomberg Markets middle east. Watching the rate hike probability. The fed coming out. No action but all words. As Kathleen Hays said, it is about the direction of where they are going. Take a look and you can see the spike as the markets watch this rate hike probability. All signs point to december holding off as many say is the right thing to do ahead of the election because who knows what is going to happen on november 9 and how markets will react. So, that is what we are watching. And then they just jump in really quick. Really is about that risk mumbai trading for almost 20 minutes and you can see the sea of red across the board as asian markets take that i think you can say money off the table on the sidelines perhaps no waiting for that u. S. Election decision japan by the way is shown for culture day. Ll right manus, this is the lead that we g
let s take a look at the top stories now here on al jazeera, moscow has a kid, the u. s. government of waging a proxy war against russia. the comments, one of the ukrainian presidents, a visit to washington, d. c, to request more weapons, he told congress military support, ukraine s warwick butcher was an investment in global security and democracy. i would like to thank you. thank you very much. thank you for both financial packages you have already provided us with. and there was, you may be willing to decide on your money is not cheery team is an investment in the global security and democracy that we handle in the most responsible way. the korean forces are holding their ground against the russian soldiers, and the battle for that lute russian troops could advance on other cities if they seize the territory. eastern ukraine floods triggered by monsoon rains of killed at least 5 people. unfortunately, 65000 from their homes in northern malaysia. evacuations are on the way
him in person. he s reflecting that by making this, the 1st place is visited since the war began. also, lance, his trip comes on the same day that the russian president vladimir putin has in meeting his top military officials to discuss the results of the war. and ukraine so far will release you, you be, we was more listed at our army and military capabilities are increasing the young constantly every day. this process will make no mistake, will not be sped up a personal presidency. nobela warranty has re shuffled part of her cabinets by the warranties appointed a new prime minister and finance minister. they were sworn in just hours after congress approved her request to move elections forward by 2 years. peru has seen widespread protest since former president petro castillo, was impeached and imprisoned. 2 weeks ago, i ve gone asked on taliban rulers, have banned all female students from attending university. the latest crackdown on women s rights takes effect immediately.
China-EU investment deal: ‘landmark’ treaty greeted with a shrug by underwhelmed analysts Finbarr Bermingham finbarr.bermingham@scmp.com French President Emmanuel Macron attends the EU-China videoconference meeting this week with Chinese President Xi Jinping, German Chancellor Angela Merkel, European Commission President Ursula von der Leyen and European Council President Charles Michel. Photo: EPA-EFE
The China-EU investment deal agreed to in principle on Wednesday has been greeted with a shrug by economists, with some questioning whether an under-pressure European Commission has oversold a deal that will not significantly move the needle in economic terms.
The deal retains multiple deep carve-outs to protect Chinese interests in key sectors, including automotive, aviation, health care and telecoms, according to an early negotiating text, and contains some commitments that Beijing has made in previous agreements and in its own existing policies, analysts sa