Million. America saw 60,000 cases in a day for the first time. Hong kong and tokyo also reporting record tallies. Singapore heads to the polls for an election overshadowed by the pandemic. Disposable wear gloves and observe distancing roles at the ballot box. Lets get to Sophie Kamaruddin in hong kong for the latest. Sophie after u. S. Stocks closed in the red, we are setting up for a lackluster start to this friday morning. Futures are mixed. Kiwi stocks added. 4 so far this morning. S p eminis nudging slightly higher with rising virus infections in focus in the u. S. As well as in asia and on the ecoagenda today, we are watching out for japanese pbi ending acree output and the philippine trade plus chinese credit growth data for june could be released from today. Singapore offline for the elections to be held. Asian stocks could pare the weekly advance but still set for the best five day stretch given the chinese stock rally we saw this week. Flipping the board, china futures have se
Carriers from entering the country in the mist of the covid19 pandemic. This as protests continue across the country after the death of an unarmed black man, george floyd at the hands of minneapolis police. Additional officers are being charged. The original charge has been upgraded to seconddegree murder for officer derek chauvin. Some cities are planning to relax their curfews tonight with the president suggesting that the military be deployed. It is still sparking. I want to bring in abigail doolittle. Our markets correspondent who has been following the ups and downs, mostly ups. I still dont get it. Record, assing a closing high. What are investors saying that the rest of america is not . It is extraordinary. Psychological level, it is hard to believe that we are seeing stocks climbed day after day. How does that happen when we have this sort of social unrest in the United States . A possible second wave of the virus. U. S. China trade tensions, it does not make sense. It tells yo
Barrier. Softbank is said to be planning deep cuts at the vision fund which could affect 10 global staff, souring bets on tech are takingke their toll. Haidi a mixed start to a politically driven status when it comes to the markets today as we get that precedent being set with that security bill as well as greater considerations over what kind of reopening and second wave issues we are seeing across the rest of the regions. We are seeing new zealand markets starting off the day with tepid gains. The session looks a little bit more muted for the rest of asia. We are seeing japanese futures as well as Australian Futures pointed a little bit higher. Those in hong kong seeing retreats. The npc is being i to be passing the Hong Kong Security eyed to be passing that Hong Kong Security bill. The u. S. Sees 100,000 deaths. We are watching the oil story, seeing whether this pause in the rally will continue given concerns about renewed production out of the likes of russia. Shery to our top stor
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Scientists team chile to sniff out the symptoms of corbett 90. 1 of the toughest coronavirus downs in asia is to be eased even for the hong kong allowed many people to return to walk on monday and is now lifting other restrictions a lockdown was imposed in march a month after travel from china was stopped theyve been no new local club in 1000 infections reported for 2 weeks now on kongs chief executive kerry lamb announced that cinemas and bars can reopen later this week and secondary schools will return later this month lets bring in katrina you in beijing for as i imagine relief katrina for the people in hong kong tell us more about the new measures announced by carrier. Thats right a lot of relief well she attended a press conference and the theme of this was hope on the horizon and it was very aptly named as the government and kerry lamb said that they were very confident that the current Virus Outbreak in hong kong was under control enough to ease some of these very strict measure