Faulty takata airbags. They missed estimates by 34 . Alibaba is kicked off an anticounterfeiting group, amid questions of the platforms and worries about a conflict of interest. Alibaba says it must be part of the global fight against fake. To let us know what you think of top stories, you can follow me on twitter at yvonnemantv and do not forget to include the hashtag trendingbusiness. Singapore and malaysia have just come on a line online. How are they digesting this data . Juliette yes, we were pointing to a next session. That is certainly what we are seeing with the ppi numbers coming through the japan, the yen is weakening so japanese stocks are higher and australia due to the fact that we see Good Movement in base metals on friday. Elsewhere, there is data coming through across the board, singapore and malaysia coming down online, all down between. 1 and 0. 2 . The chinese Economic Data coming through on friday, affecting across the board. Markets up without an interesting note s
Singapore. Singapore sang it is the worst case of gross misconduct it has ever seen. Hong kong the worst sales downturn in 20 years. 2016 are being described as icy winter. Do follow me on twitter rishaadtv, and use trendingbusiness. Well, getting to these markets at the moment china and hong kong getting underway. Singapore with gdp figure stronger than anticipated, reaction as the market opens along with taipei and kuala lumpur. We are seeing a broadly up day when it comes to the asian markets, tracking the gains in the u. S. Session. It is a confluence of a positive , oil gaining, yen weaker, risk off the table. The prospect of a u. S. Recovery looking brighter giving the surgeon home sales overnight. Given the search in home sales overnight. Sydney getting a lift from a rally driven by energy stocks, some refiners and basic minors. Miners. With gains, up eight tens of 1 , a very good week. Has settled down after selling automatically, a mass accidents out of the korean bond market,
And 88 years. Starwood hotels snaps of three properties there. Shouldd says marriott improve its takeover bid. Austrias Prime Minister clearing the way for an early election, warning the upper tradeof cracking down on unions, what he calls a handbrake on growth. Do let us know what you think of our top stories. Follow us rishaadtv, include trendingbusiness. ChinaHong Kong Markets underway in 30 minutes. Singapore, taiwan, and malaysia started. Here is david. David some weakness coming through in the last 30 minutes or so. Markets in the philippines and Hong Kong Open up. Seatght see more weakness in because a lot of these markets have enjoyed quite a run up into friday. The fifth week of gains, philippines entering bull market. Taiwan and jakarta might follow suit. Weve also gotten to a point where some of these markets, a fairly big portion have entered overbought terrain. Of thelking 20 philippine composite, 20 of the straight times index, hong kong also 20 , technically overbought.
Pulse. E welcome to the life from bloombergs european headquarters. Im francine lacqua. Lets check on the markets, because that is where most of the stories. It is all about Janet Yellens dovish tone yesterday. She is giving a nice little boost to emerging markets. Theoost to london minors, biggest gainers, crude oil. The german retailer that has decided to split into two entities up 8. 3 . Lets get straight to the bloomberg first word news, nejra cehic. Nejra japans Industrial Production has dropped the most since march 2011 earthquake. Domesticill explosion production at toyota. Slumped 6. 2 after rising in january. Economists surveyed had forecast a 5. 9 drop. Brazil is in battle brazils embattled president has suffered a new blow. Party held six ministries. She denies any wrongdoing and there is a Corruption Scandal that is reached the highest level of government and business. A vote on her impeachment is expected in the middle of next hadh. Shares in the cotter takata have plunged
Leaders back the campaign for a brexit. He thinks britain should stay within the european union. Welcome to countdown. I am manus cranny. I hope your pad a good easter break and you are ready to tackle the markets. The dollar is the rally going to last . That is the question we will posture over the next bit. This is the bloomberg dollar index. A rising street. Six days rising. Can we plugin a seventh. E are on the cops the cusp the dollar rally stutters. We will wait to see what janet yellen has to say. Will she stepped back from the hawkish voices we have heard rising over the last you days. Is personal consumption used. The probability of a rate hike for june. For june. 38 . That is down from 42 despite all of the hawkish voices that came through the markets yesterday. Let us take a look at the commodities. Barclays brings the warning bell on the markets. They warned commodities may slump as we rush to the exit. Is that youg story have seen the most aggressive inuction in short posi