U. S. And china are trying to temper some of the repercussions trade war is having. You can see euro stocks gaining 0. 6 . The yen is also a good litmus 7. 81and you can see one of 107. 81. Tomorrow, we also have the ecb to look out for. Coming up, we speak to the former u. S. Ambassador to the European Union. Dont miss that interview at 10 30 a. M. London time. We talk u. S. Foreignpolicy and brexit. Lets get straight to the first word news. U. S. Goods to be exempted from tariffs last year were announced by china at the top of the list are pharmaceuticals and lubricant oils. Beijing is seeking to ease the impact from the trade dispute without lifting charges on agricultural item like soybeans and pork. The ministry of finance says further rounds of exemption will be released. Morgan stanleys ceo warned against the fed cutting too easily but says he supports of the reductions made so far. He made the comments at the Columbia Business School in new york. I have supported the latest fed
The british Prime Minister says he wants a fast track visa scheme to attract foreign scientists to the uk. Now on bbc news live to singapore for Asia Business report. Hoover disappointing. Shares are down sharply after the firm reported its latest results uber. Brisk domestic demand, japans economy grew stronger than expected, betrayed tensions are expected to weigh the future. In the future. Hello and welcome to this friday edition of Asia Business report. Im Sharanjit Leyl. Edition of Asia Business report. Im shara njit leyl. We edition of Asia Business report. Im Sharanjit Leyl. We start with uber because it shares are falling sightly in extended wall street trade sharply. The firm has lost over 5 billion in the three months tojune. Over 5 billion in the three months to june. The bbcs over 5 billion in the three months tojune. The bbcs Michelle Fleury has more. Responding to urban puzzle make Second Quarter results, ubers Second Quarter results. Uber has turned into the magical mone
Netflix announces itll open a base for filming at world famous Shepperton Studios in surrey. Now on bbc news, live to singapore for Asia Business report. July the fourth, fireworks, asian stocks follow the us higher as wall street hits record highs ahead of independence day. Farming focus. Why the Agricultural Sector will be a crucial part of tomorrows indian budget. Good morning and welcome to Asia Business report, live from singapore with me, mariko oi. Lets begin with share markets because asian stocks get off on a positive note this morning, that is after american investors have been celebrating ahead of the july the fourth holiday. All three main indices are ending the day at record highs and as we report from new york, shares were boosted by hopes ofa york, shares were boosted by hopes of a us china trade deal as well as a cutting interest rates. It was all a cutting interest rates. It was all a chair here in wall street as it hit record highs. It was a shortened trading day of t
Representatives, as well as representatives from northern command, because of their singular responsibility for pandemic preparedness and department of defense support to civil authorities. As well as a special operations command. They have responsibility as the coordinating authority for wmd related activities. It is not just an osd body. It is very much one that will , we hope, weve not met yet, but will have active participation from the services, from the combatant commands, so that it has that element of hearing from all parts of department, where are the challenges and what is needed to get after them. Im assuming, like most bodies like this, there is lowerlevel working groups that will feed into this on a regular basis and meet more often. Is e that correct . Yeah, why dont i ask richard and brandi to talk to that. Sure. Just briefly say is somebody who also cochaired the Nuclear Posture review, i think my colleagues, and dr. Vann and i served as the daytoday cochairs working gr
Rate decision. Apple also in focus as wall street reacts to its launch event, including a new iphone lineup. Meantime, china insists it has not issued a ban on the companys flagship product. Were going to get into all things a. I. With tech ceos meeting with lawmakers on capitol hill to what Salesforces Marc Benioff told jim about that technology. Lets begin with cpi. Obviously, core, bit of a disappointment to the bulls, jim. Gasoline is more than half of the headline, up 10. Car insurance, up 2. 5, but lodging away from home down 3. I was listening to Steve Liesman break it down, and i agree with what steve was saying, its just empirical. Theres nothing that says that gas and oil and have necessarily trickled into the rest of the combination. We do know ive been talking with major insurers who are using, believe it or not, Artificial Intelligence to actually get prices to where they are lower, and i wonder whether that wont filter in as part of a larger conversation about trying to g