Haidi welcome to daybreak australia. At the Parliament Building in wellington as we count on to election in new zealand. Annabelle we are looking ahead to asias major market opens. Shery good evening from uber headquarters in new york. U. S. Stocks and treasuries fall after the latest cpi figures boost to pets another fed rate hike this year. President biden set to make a formal request for more foreign aid next week as israels war with hamas rages on. The u. S. And qatar are holding off a disturbing 6 billion in funds to iran. Haidi we are live in wellington ahead of the vote on saturday. The polls showing new zealands Main Opposition Party is poised to form a centerright government. Australia looks likely to reject an indigenous voice to parliament after a campaign that has descended into division and allegations of racism. Shery u. S. Futures coming online in the asian trading session. Muted after we sell stocks and treasures falling in tandem today. We had bank stocks also underper
Regionally. Investors look to a News Conference this morning from. Ario draghi the European Central bank kept its Interest Rates unchanged and traders and investors are waiting to see if draghi signals a willingness for more quantitative easing. We are one day away from that august labor report. Lets get you started with the five things you need to know this morning. Matt miller is here, watching the markets. I think we ought to begin with the ecb. I mentioned the ecb held steady as expected. Draghi has the opportunity to make news this morning. He will be asked about quantitative easing. Asked about the inflation outlook, about china and global markets. Lets find out from ons nichols what the world expects. Hans i was in frank for yesterday at a big banking conference. Everyone is wondering what is going to happen in terms of quantitative easing. Is mario draghi going to hint it could be longer . September 2016, that is when it is expected to end. When we get these predictions for the
Electric car that can go more than 200 miles on a single charge. It will cost less than 40,000 dollars. Greece in germany are headed for a showdown in brussels. Finance ministers meet today over greeces request to extend the bailout agreement for six months. A new headlined says a deal tonight looks unlikely. Greece needs the extension to avoid defaulting on its debt. Germany has rebuffed the greek request. The german finance minister says greece needs to make a firmer commitment to austerity. Heres a greeces debbie Prime Minister responded. Deputy Prime Minister responded. At this moment, it appears there are powers that would like greece on its knees so they can impose their will. I believe we can think of what helps our country and what helps these powers. Betty germany is the biggest contributor to the 273 billion bailout to greece. The Parent Company ann taylor, looking to sell. Working with jpmorgan and reached out to potential buyers. It also owns the loft. The best antitrust re
The new company will be the second biggest in the global oil and gas industry. The sale price represents a 50 premium above bgs Closing Price. The way we would look at that is if you look at the carbonation of the companies what we could do with the assets that bg has, we saw a lot more value in that combination. Matt it is the industrys egg is to deal in at least a decade biggest deal in at least a decade. Some Traffic Controllers are not showing up for work. About 40 of french flights are being canceled. Air france says most of its longhaul flights will take off as scheduled. Saddam chicago voters are giving their mayor another four years. At rahm emanuel one a second term. He says the battle will make you more effective. Will make him more effective. To all the voters i want to thank you for putting me through my paces. I will be a better mayor because of that. Matt the challenge from a fellow democrat was a rarity in chicago politics. Rahm emanuel must tackle crime in education pro
Searched the wreckage of transasia flight 235. Incredible video there showing the plane clipping a bridge before landing in the water. We know that 32 people so far have been killed. 15 people have managed to survive. But 11 people are indeed missing. Among the survivors is a 1yearold boy. He was pulled from the wreckage with his parents. The child and his mother were sent to separate hospitals and the father who had just minor injuries got on a bicycle to go out and find them. Officials verified that a mayday call came from the flight deck before the crash. A person says theres an engine flameout but its unclear who made that call. Anna coren joins us live from taipei with the latest. So anna what is happening right now with the search going on behind you . Reporter john, there are hundreds of personnel here, military and Police Taking part in this enormous search and rescue operation. As you say, the death toll has now increased to 32. That means that thats still 11 passengers remain