Another retailer looking at bankruptcy it is tuesday, april 21. You are watching Worldwide Exchange here on cnbc good morning, good afternoon, good evening with el come from wherever in the world you may be watching. Im Brian Sullivan welcome. I hope you are having a great tuesday. The stock futures looking like it is continuing off yesterdays decline for the dow futures in the red right now indicated down about 200 points yesterday, a rough day all but two dow names were down. Each falling 6 in the red it has been the action in the Global Oil Market that has really captivated the worlds attention and the Historic Development around crude trading yesterday negative for the first time ever. Thats right the may contract which expires today. At one point, this is not a miss print, trading at negative 40 a barrel the lowest on record not only zero, it is below zero. A lot of you question why would oil or any commodity trade in the red and go inverted . That is relatively simple, when you o
Rights abuses my guest this week here in london is live mohammed the countrys information minister how does he defend against the countrys many critics when the evidence of wrongdoing is so compelling. Like mohammed welcomes conflicts thank you for the human rights record of your administration has been widely condemned by the un western countries your own Lawyers International human rights bodies for brutality and the stunning lack of accountability why do you say this go on and nigeria why didnt you get a grip on this i think theres been a lot of. Misrepresentation. By all these groups absolutely really working concert well or you know theyre working constant or theyre working you know a little but i know for a fact that dissension in particular as being very sensitive to the issue of human rights most sometimes terrorists politicians actively. Are confused with human rights so you put it all down to confusion i would do that because i do not know as a fact and ive been minister for
Seeing. Sarah you look at equities in japan right now. The nikkei 225 of more than five percent, trading below 20,000 for the first time in over a year. What is already been very rough price action is only getting worse as time goes on. You look at s p 500 futures trading at the 5 limit from the friday reference price. 28. 1 nine. At futures continue to trade. They just cannot jump although it or fall below it. That is the first time we have seen a limit down since donald trump did win the presidency in 2016. The asx having its worst day since 2008. Msi market watch, the asiapacific region is having its worst day since june of 2016. What is really pulling lower is the energy stuck. Off by 8 . That is the worst day since 2008. It is your upstream energy companies. Your producers that are weighing. The worst day since 1988. Also some of your worst performers coming out of hong kong. The legs of oil fields having its worst day ever, off 15 anything. Energy related really all 15 . Anything
225, things are moving. Bitets should have seen a of a better move to the downside given what futures contract suggestion. Suggesting. Aussie dollar, we are waiting for the next salvo in this trade war at the moment. I say currencies because there have been a few signs the Coalition Getting together in the u k to fight a hard. That has been brexit. 105. 77, up a fraction at thesehe dollar but levels, we have exporters feeling it. That is why a cap has been put on the topix. Stronger a onshore yuan, pretty flat. 7. 16 rmb for the dollar. Lets get the first word News Headlines with su keenan. Su we start with hong kongs bountyleader backing a program for identifying protesters who have perpetrated vandalism and defaced chinese flags and emblems. He posted a link on his Facebook Page to a website that promises a crowd funded reward and anonymity to potential tipsters. Is named after the moment on august 3 when a demonstrator through the chinese flag into hong kong harbor. On the corporate
The universal credit benefits system have stolen tens of millions of pounds by targetting an online payments scheme. Now on bbc news, live to singapore for Asia Business report. Facebook face off, why a case in europes top court has major implications for how your personal data is transferred around the world. In your belly, not the bin one restau ra nts in your belly, not the bin one restaura nts simple approach in your belly, not the bin one restaurants simple approach to tackling the global problem of food waste. Its tuesday, everyone. Good morning asia. Hello, world. Glad you could join us for this action packed addition of Asia Business report, im rico hizon. Lets start with a Landmark Court case that will have huge implications for hundreds of thousands of companies who have operations in europe as the European Court ofjustice will decide whether the way facebook transfers personal data to the United States should be outlawed. For more im joined by my colleague and Business Repor