From the eu, saying it never had , sweetheart deal in ireland the effective rate. 005 . You can follow me on twitter, and dont forget to include trendingbusiness. Japanese stocks outperforming the region. Malaysia closed for a public holiday. Singapore and taiwan coming online. Latest here. We are seeing that solid session coming through , so aapan, up by. 9 end august. Tive i we did have production figures from japan missing the mark, down 3. 8 . It doesnt seem to have stopped the buyers. Taiwan flat, some downward pressure in singapore. Korea, some downward pressure, off by. 1 . We had a solid session tuesday come through from the kospi as the won rallied against the dollar. Industrial production out of south korea as well, up by 1. 6 july year on year. Australia hurt by the downturn in commodities. Quite a bit of weakness from those energy players. The gold space also being sold off. New zealand down by a 10th of 1 gain. Ersing that earlier it we will be watching out for those banki
we did get a rocky start this the dowbut we did see at session highs. With look at what is happening with the numbers the s p 500 up by about. 8 . The last the nasdaq the least hashe gainers, echoing what been happening in tech stocks for most of the year. Materials, industrials and energy are the biggest gainers on the s p. Speaking of industrials, they are some of the top dow performers. Namely these 3 general up aric, bowling and nike little bit more than 2 . This is its highest since new years eve and the biggest jump since the end of january. Very strong and brought across the board there. Going back to what i was talking date, thedow year to volatile ride we have been seeing ever since we saw the route in equity from january through february and then we had this Inflection Point and you can see year to date, we are up about. 4 and continuing to climb. Points, we are about 1. 5 away from turning into the green but the nasdaq is down. David the rally in commodities has been driving
A 75 million blowout in bad debt charges. Eye in the sky, and index based on satellite imagery. One of several showing a modest impact. Think of know what you our top stories. Follow me rishaadtv, include trendingbusiness. And 30sion underway minutes, singapore, taipei, coming online. A pretty lackluster session on the street of dreams. A quick rap of what happened overnight, europe next, the s p 500rated closing near the session low. Just to bring up the risk aversion we are seeing in asia, have a look at what is happening in brazil. Retreats been a next o from equities. The currency worstperforming currency globally across the majors, leading the losses across emerging markets. Likeunsurprising, looking this, second day in a row that we have seen the asiapacific benchmarks in the red. Is happeningt what in australia, financials and the mining stocks taking the biggest hit within those two spaces. You have the banks and goldmining stocks, which brings me to my next point, a stronger u
Released or escaped before the man surrendered. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. From new york, i am mark crumpton. Bloomberg west is next. Cory i cory johnson come in for emily chang, and mrs. Bloomberg west. Coming up, the u. S. Government have dropped his legal case against apple, but should they work with the security flaws not found in the iphone now found in the iphone . And soundcard launches a Premium Streaming Service commitment doesnt match the biggest players in the space . But first to our lead. Countless questions remain one day after the department of justice dropping charges in the case against apple related to the San Bernardino shooters iphone. Counted as a win for tim cook, boosting shares more than 2 in trading. It is a complicated story. Apple never gave in to the government to request, but the government found a way and without apples how it may have exposed a security vulnerability. The laws
From london. Im francine lacqua. The chinese president begins a visit to the United States today. It is his first as chinas leader and comes with growing tensions over cyber hacking. New data from their most used suggests that the worlds secondlargest economy is stabilizing. We will have more on that in a moment, but first lets get the latest on president xis trip to the states. Cyber security seems to be a big problem. They will talk about the economy as well. They certainly well. The whole issue of cyber security, francine, and Cyber Espionage will probably overshadow this meeting as one of the most contentious issues they will be discussing in washington. Between problem lies the way that you define what is acceptable as espionage. The u. S. Thinks if you do best be large, Cyber Espionage, for the purpose of military information or political information, that is acceptable, as it has been when we have seen governments in states spying on each other in order to get a leg up in milita