Thanks to the demand for the galaxy smartphone. Position foring ipos and southeast asia, raising more than 1 billion in the first half. Thailand was the third. You can let us know what you think by following me on twitter. Dont forget to include the trendingbusiness. Singapore and taiwan have just come online. David malaysia is closed today. Singapore opening to a mixed basket. We are up a fifth of 1 . Still weighed down by valoryen. I think that is the story. We have been moving sideways since brexit. Dollaryen is the most important to keep in mind. We went about that ever so slightly. The dollar is weak or by a third of 1 . Modest. Keeping gains look at that. A few minutes before we get that fixing. I wonder what w they know that we dont. ,ave a look at 10 year yields the opposite of what we saw this week, yields coming back a little bit. Still alltime lows here. We had the minutes from the fed meeting overnight, showing are looking at two factors, the may jobs data and brexit. This
Newsng the Deutsche Bank into context, type that into the bloomberg right now. What we have done for you, just bear with us. The white line is the size year to default for Deutsche Bank. This is the cost of a fiveyear credit swap, five years ago in 2011 at the height of the banking crisis. But the eye of the storm of the banking crisis, the cost of default back in 2011 was extremely explosively higher, where we are with Deutsche Bank right now. The question is in 2011, as our guest host, will explain a solvency issue and not profitability issue. This is in heart of the banking issue. Is the Systemic Risk . Makesand that chart things a little less worrying i suppose. We saw the respite for Deutsche Bank in yesterdays trading session. Just to highlight what he is been saying overnight capital raising, is currently not an issue, accepting Government Support is out of the issue. They will hold out overcast worried about u. S. Being overblown. That is Deutsche Bank. Manus the one thing i wi
A team told reporters in the netherlands on wednesday that the jet was shut down by a russianmade buk surface to air missile launched from the village of pervomaysk in eastern ukraine. The investigators say the village was held by the rebels at the time of the incident. The team also said photographs taken by local residents and intercepted communications between separatists indicate that the Missile System was brought into ukraine the day the jetliner was shot down. They say the weapon was returned to russia the next day. The team members say theyve identified about 100 people they believe may have been involved in the shootdown. They say theyll continue to try to identify the culprits. The dutch government concluded in its report last year that a russianmade surface to air Missile System shot down the airplane. Russian Foreign Ministry spokesperson reacted sharply to the latest findings. She called the probe biased and politically motivated. She says the investigation ignored evidenc
Saudi signals accommodation while all traders old their breath. Opec meets today in algiers but can it reach a deal . Key question in oil markets that been pushing round equity market. Green territory. We were flat on the stoxx 600. Up. Ill see how we end bankyes on opec, deutsche clients seeking to build the biggest newspaper saying that it is off the table that they would take help from the German Government. We have been hearing from them saying capital is not an issue. Will the markets by his calm reassurances . Guy lets talk about what the gmm tells us about what is happening around the world. The nikkei down 1. 31 . The s p and us in positive territory. The Consumer Confidence data was reasonably bullish yesterday. We have seen it option below 50. In terms of what else is happening, new zealand is a little soft. A littlegian currency softer. A little bit of a reverse of what we saw yesterday. The dollar is up though decides to drop off the screen. The market opened 27 the market
Tokyo governor yuriko koike. And still making the cut. A japanese hair stylist is still wielding the scissors at age 95. The leader of japans Largest Opposition Party has confronted the Prime Minister in the diet for the First Time Since she was elected earlier this month. Translator we havent seen the end of deflation nor a virtuous Economic Cycle taking place. When would a cycle of monetary expansion of consumption and further improvement happen . Dont we need to look into abenomics . Renho said increasing child care and such is the proper path. But shinzo abe said it created a virtuous Economic Cycle. Translator people have been anxious as tax revenue decreased because of the deflation which lasted for more than 20 years. After the ldp came back to power, we were able to create a virtuous Economic Cycle by carrying out my economic policies. We can now say japan is no longer in a deflationary period. Abe said he will fulfill his responsibilities by continuing to push forward with ant