They will pay most of the cost of the costs. A 5 billion hit. We have the world covered here on daybreak asia. We will be live in new delhi with reaction on Prime Minister modis meeting in washington. Betty we are watching the latest on the travel ban ruling as well as the latest on the Health Care Bill. With the new version, and what the new version says. , am betty liu in new york where it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. We are going to be staying on top of takata and is bankruptcy. We will here about the stock. Howt of questions here on bondholders, the carmakers, are going to be repaid through this entire process and where does takata go from here . Of questions to ask after that 1. 6 billion sale of takata core assets. We have the ceo in just a couple minutes time. Betty that exclusive interview. Cannot wait to discuss all of those issues, yvonne, that you just outlined. More ahead on daybreak asia including a closer look at the meeting be
Another financial crisis in our lifetime. We have the world covered on daybreak asia. We go to San Francisco and the followed from the cyber fallout from the cyber attack. We go to shanghai on the growth of the internet of things. Asia. S daybreak im in new york, where it is just after 7 00 p. M. We are in for some central bank speak. What an eventful tuesday, right . First it was mario draghi a bit more hawkish when it came to inflation. Then the selloff fueled by janet yellen talking about rich valuations in the market. Betty you used to not be able to get anything out of these central bank chiefs, but now they wont shut up. Particularly janet yellen and her talk about valuations getting more rich. That also sent some of these tech stocks tumbling, dragging down the nasdaq. We will talk about that in a few moments. Yvonne that is right. A lot of jitters when it came to tech. Alphabet slapped with a record fine from the eu. We will look at the cybersecurity attack we have seen that ha
Where did the time go . We recap the last decade. This is daybreak asia, live from u. S. And asian headquarters. Betty i am betty liu in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. When itte dance we see comes to communications. We saw a little choreography over many different reasons. You have yellen, mark carney, the bank of canada, all signaling rate hikes are coming. Take a look at market moves on my bloomberg terminal. Doing damage control after the many taper tantrum tuesday. Markets not buying it. On the move, but not recovering the strike in yields. The euro taking a dip. We have the pound and the loony surging. Betty global tightening is just around the corner. Not more than three months ago we were talking about, what about the reflation trade . It seems it is losing momentum. Here we are, all sparked by these comments from the Central Banks. When will theis, markets be convinced and how long will that last . Yv
And betty, on the road. Betty indeed, on the road. Exciting, it is. You have a big lineup of guests, we are looking forward to in the next couple hours. I am betty liu here in new york, where it is just about 7 00 p. M. Vixtility is back, the surging the most since brexit. The dow set to extend it to asia. Carney has a warning on warming. He says investors are ignoring the potential costs of climate change. Tell us about some of the guests we have . Of course, this is a huge anniversary, 20 years and a lot of questions i know you will be posing to guess over the next several days, where is hong kong . Role in the kongs next 20 years . Will it be a Financial Hub . Fair, via the other fastgrowing chinese cities . Yvonne as we continue to see a tighter grip from china here in the city, we certainly got a warmer response and tone and tenor coming from the president on his first day on thursday. He did say, hong kong has always been in my heart. He wanted to talk about the benefit beneficia
Are getting on famously. The u. S. Is warned about a new negative tone. Hello from sydney. Re just past it 00 a. M. 8 00 a. M. Betty it is just after six a clock p. M. In new york. In the next hour, we will look at the asiapacific trading day. The markets are now on their holiday break. They closed three hours earlier than usual. It was the same story we saw on friday, which was the tech shares dragging down the momentum in the rally. Energy shares, financials listing the indexes. As you see, the nasdaq closing down. 5 . The tech sector the worst performer overall. Kind of a mixed look right now. Setting you up for a softer tone in asia perhaps. Pid,i pretty cap it te and understandably going into a shorter trading session. Is there a justification for the fed saying that the weakness is transitory. Here in asia, looking a little seeingid, but we are tokyo and sydney futures looking high. We are up. 1 . The kiwi dollars at 72. 90. As the factory data howard the currency ahead. 6 ey fut