Whether they can deliver that momentum still. The atmosphere is electric at the tokyo motor show as they present their vision of the future. Betty speaking about electric, breaking news on south koreas preliminary thirdquarter numbers. Ier on south korean gdp, up 1. 4 , quarter on quarter. Much bigger than economists had expected at 0. 9 . More than double what we saw in the second quarter. Ofr on year, a healthy rise 3. 6 . That is also above the estimate of our rise or expansion of 3 . Well above what we saw in the prior quarter. Helped likely by the continued export of electronic parts, particularly for smartphones. It is interesting, the markets have continued to rise. Maybe that is adding to Consumer Sentiment in south korea, despite geopolitical tensions with north korea. That is the risk, as always, with south korea. Yvonne have not seen the numbers yet, but 3. 6 is a threeyear high for south korea. We have a chart that says it all. Is the bok going to be the First Asian Bank to
Carrying hefty price. Are ready to pay, you might not get it for weeks. Hello from sydney, it is just past 9 00 a. M. , this is daybreak australia. What about an hour away from the open of the major markets. Im going to wait a few months for the iphone x. I am in new york. Friday, no waiting for the bulls, we saw tech stocks, roaring back and pushing the market back to record level on the s p and the nasdaq. Lets pull up the markets guide to show you where we ended on friday. Well above the s p 1 . Take a look at the nasdaq, up 2. 2 . We know that the search in amazon shares have made jeff bezos of amazon the richest man in the world. By by bill gates. He kicked him to the curb. Haidi [laughter] extraordinary stories. The earnings, the biggest tech earnings, they continued this weekend. In particular, u. S. Investors. We have the fed leadership announcement from President Trump before he kicks off the 11 day trip to asia. We have all sorts of central banker meetings. The set has taken
Channels and 1,000 videos were likely linked to moscow. However, it says the viewership of those videos was low. Lets kick it off with breaking news. Industrial production numbers for september, coming out, blowout numbers here on the year on year figures. 8. 4 for the month of september. The estimate was for 4. 8 . Month by month though seeing a mills. Still seeing quite a bit of resilience. Especially when it comes to year on year. This is the highest weve seen in four years on the factory side of things for korea. Well see how things fare, but really seems like this data may just fall in the shadows of all that is happening with this drama when it comes to the manafort indictment. Testimonies under way pretty soon, as well as that phasingin of the tax reform. That could be the big culprit, why we did see that pullback when it comes to markets. Lets look at how things are faring here in asia so far. On the back drop of all that, we are seeing a little bit of green here on the index 5
Manipulation of social media and says they were caught flatfooted. Betty speaking about russia, it within the last hour a new headline about George Papadopoulos, the former trump advisor. Some claims he made in an email stating Top Trump Campaign Officials agreed to a preelection meeting with representatives of russian president vladimir putin. We saw inrevelation the last couple minutes, bolstering the claim and making it harder for the Trump Administration to distance itself when it comes to these meddling issues, as well as collusion allegations we continue to see. How we have to look at this with a grain of salt, the details still unclear. Betty it is still a little murky. Lets get clarification with megan murphy, our bloombergs nest week editor and Washington Bureau chief. How significant are these new claims . Every revelation that comes out of this nature is significant in that it furthers what we know, expands on the investigation in terms of what is out there. This Program Blo
With the critical model three delays, proving hotter than expected. A. M. , thisst past 9 is daybreak astray which is an hour away. In newust after 6 p. M. York. Im betty liu and we will be looking at the action on wall street and how that will play into the asiapacific trading. Heidi, no doubt we are following these headlines coming across about jay powell being named the next fed chairman. These are all according to reports of the wall street journal coming out first with these reports. Haidi, given the speculation over the last several days . Haidi absolutely. As you mentioned, the muted response from u. S. Markets. It just surging a little bit higher. Powell essene is the next best thing to continuity other than janet yellen staying at her job. Betty it is safe to say some economists coming out that it is yellen 2. 0. Maybe there will be not a lot of change. Why the markets didnt react too much. Equity markets and the training trading session. Mostly shrugging off this news that te