Republican nomination, painting himself as the savior of a country. We will be live in cleveland. Welcome to breaking news in asia. Where trending on mobile and number. Com. Lets check in on the early Market Action in the region. Juliette taking a look at all of that. U. S. Stocks off of record highs. We seeing a pullback here . That is what the future as was indicating. You can see quite a bit of weakness coming through from the nikkei 225 down 1 . A closed higher by 0. 8 yesterday, and there has been these comments coming through, even though it had been a to be did to last month from governor kuroda about the fact of pouring oil on that sort of helicopter money. And you mentioned that weakness coming through the u. S. We have to remember the regional adex thursday actually hit 2016 high. Given that is a friday and we were at those levels, not surprising. Investors take a bit of money off the table today. Because we open lower by 0. 3 , australia still opening up, pretty flat. 0. 6 w
This is the worlds most valuable company. It released earnings after markets closed in the u. S. Shares rose postpostrelease, and post market of both postrelease and post market. Numbers are falling. Unit look at revenue and thatts, profits were not good. Several billion yet less than last year. Iphone t means that the model, peoplest were doubting whether it was a little too expensive for but it pickedts, up traction. That seems to be what is saving apples numbers, especially when you look at projections. 45 point 5 billion 45. 5 billion. That is the bottom end of the target range for apple, if you look at the projections. As far as that is concerned, it seems to be over growth. Sales are falling. Another thing to mention, the cfo basically said at the start of this, for the past quarter, they were not able to keep up with demand. Now they have put in the necessary capacity to meet back up demand, so they do expect this for the next three months. The iphone is still the most important
Making gains today. History,linton making the first woman nominated as a major Party President ial candidate. We have live updates from philadelphia. Do let us know what you think. Follow me on twitter at rishaadtv, use that allimportant trendingbusiness. There is nervousness. Federal reserve, boj, both holding meetings. Here is a look at the action so far. It is pretty good for a wednesday. A big arise from japanese equities, snapping that three up 1. 2 asthe nikkei the yen retreats. Singapore coming online, flat. Malaysia also flat. Taiwan getting a pop as apple suppliers rally as apples beat the street. Ospi thekosp the kospi flat as well. Attrian Second Quarter cpi the bottom of the hour, likely to be the weakest reading since 1999 and could pave the way for a cut. , butealand pretty flat Still Holding at record highs. Suppliersook at apple in the region. Most tracking higher on the back of apples numbers. Of the iphone, ipod , and assessors looking good. Down. 5 , samsung well. Di
Declines ahead of the data you mentioned. That is likely to show that exports declined. The hang seng is also down 1 , and kospi down as much, even with the korean won weakening. Not even a rally in oil has helped Energy Producers maintain any gains. The japanese yen, it is strengthening for a second consecutive day, up half a percent. 113. 5, approaching let me take you through lets top 40 a barrel. It is losing about 1 there. Crude is also losing ground, still about 37 a barrel. Rishaad breaking news at the moment. Needs 3 billion yuan in financing. About 460 million. This is to finance the electric car unit. That would, head of an ipo. It would do this by selling shares in the unit on the shanghai exchange. By the parentd. Ompany, basic baic the Company Seeks 3 billion yuan in financing to get that electric car. Soon. Etails on that any minute now, we are also getting other new set of china. We are hoping to get the latest caps on on the Economic Health and we know that the weaker y
Teach history. Israeli forces have shot dead at least two palestinians in another day of violence in occupied East Jerusalem and the west bank. A Palestinian Woman was shot after she reportedly attacked Israeli Force witness a knife. Shes been taken to hospital and shes in Critical Condition. This comes a few hours after a palestinian teenager was shot and killed near lions gate in the old city, Israeli Forces saying he tried to stab one of their officers. Then, two palestinians were shot in a settlement outside jerusalem. Two israelis are in Critical Condition after being stabbed in that same incident. Over in gaza, a rally had taken place. It was held in solidarity with palestinians across the west bank and occupied East Jerusalem. Speaking in parliament, israels Prime Minister Benjamin Netanyahu accused the islamic movements Northern Branch of spreading lies about the temple mount and says he now wants to outlaw the group. They even said today that the jews have no connection with t