Fraught with risk. Betty we are getting breaking industrialth korea production for the month of july, coming in better than 1. 9 , year on year. Estimates, they expected a decline of 2 10 of 1 , but we see a rebound of 1 10 of 1 . The prior month was revised lower, that is what you see a bigger rebound. Nonetheless, it speaks to the same conclusion among economists in south korea that the economy continues to grow in the second half, fueled by exports as well as domestic consumption, despite all these headlines we had the last 48 hours on north korea. Yvonne that is right. The economy is still on solid footing. But you wonder, we have heard hawkish rhetoric from the bank of korea governor. Can they continue this type of language if this north korea issue is not going away . It could start riling up markets and consumer sentiment, delay investment plans from businesses. That is the key question. We are looking to that press conference from the governor. A big day today with the u. S. Gd
Ticking. The u. K. Must make its position clear. Yvonne guilty of corruption, the brazil inquiry. We have world coverage on daybreak asia, we are live in brazil to discuss the fallout from the conviction of former president lula on corruption charges. Betty stateside it is all about Janet Yellens testimony. We will have full reaction within the next few hours. This is daybreak asia, live in new york. It is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. One and done for Janet Yellens testimony to congress. The focus has been on the fed inflation outlook. It was uncertain according to her. Someone, thete janet yellen market knows that she is back. According to how investors are interpreting this. Betty they sold some divisions. They will still continue on this rate hike path, maybe it will be pulled back just a little bit. There are others that doubt we will have a rate hike at all for the rest of 2017. Were leaningers more toward the latter part. Take a look
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
Lisa i am here with the assistant manager of Bloomberg Businessweek, jim ellis. Jim, you are the brainchild behind this edition. You came one all these ideas of who to get and how to frame this. What was your thinking behind this issue . Jim well, i knew if i was going to do this i wanted to do it with people who i wanted to hear from, and so when i thought get all ofcan i these people from billionaires to Public Officials and regular people together, the best way to do that was change. Everybody sort of responds to change whether its a change in their business, politics, so i used that is my trigger and that is what led me to put the big changes were whether in business, the cloud, the public life, the big change on politics and changes with the way life is which is why i got alicia garza from black lives matter. We can gethange behind is the idea of a threeday workweek. Carlos seem to advocate. That was an interesting interview because so many people want to talk to carlos about bein
The top stories on al jazeera exit. Polls in israel are showing full. My Prime Minister Benjamin Netanyahu is that to return to power with a slim majority. Hes the longest serving Prime Minister and left office, 16 months ago. Catholic apartments again la pete says he will still wait for the final results. I will carry on for the next 2 days until the last on below has been opened. We will have to wait with patients even if we dont have patients for the final results to come in. Ive come here this evening to thank you from the bottom of my heart. We have achieved an unbelievable result today. Close to 1000000 Israeli Citizens voted and the mandate was unheard of. The. The style that in smith has more from western islam is up to 60 minute position. Halting is returned to office. It seems that netanyahu was pulled it off. And what happened really mattered in this election, was getting out the vote then. Yeah, campaign, very odd. In the last couple of weeks in a row up to the elections, r