This whole area is the subject of territorial disputes between china and vietnam and the philippines. And others. China claims all the Maritime Territory inside this dotted red line, but its neighbours dispute this. A us warship has sailed close to triton island, which is claimed by china, taiwan and vietnam. In response, china sent military vessels and Fighter Planes to the area in response. Last night the Chinese Foreign ministry put out this statement they called it a serious political and military provocation. This was hours before a phone call between the leaders of us and china in which apparently none of this came up. I asked vincent ni from the bbcs Chinese Service to explain. They did discuss that in a very discreet way in a sense that both sides do notjuantorena relationship, they dont want a confrontational approach. It is also partly for mass consumption because this isnt the first time that it has sailed through the South China Sea and china have objected. It shows that bo
This whole area is the subject of territorial disputes between china and vietnam and the philippines. And others. China claims all the Maritime Territory inside this dotted red line, but its neighbours dispute this. A us warship has sailed close to triton island, which is claimed by china, taiwan and vietnam. In response, china sent military vessels and Fighter Planes to the area in response. Last night the Chinese Foreign ministry put out this statement they called it a serious political and military provocation. This was hours before a phone call between the leaders of us and china in which apparently none of this came up. I asked vincent ni from the bbcs Chinese Service to explain. They did discuss that in a very discreet way in a sense that both sides do notjuantorena relationship, they dont want a confrontational approach. It is also partly for mass consumption because this isnt the first time that it has sailed through the South China Sea and china have objected. It shows that bo
This is daybreak asia. I am betty liu in new york, where it is just after 7 00 p. M. Charlie it is just after 7 00 a. M. In hong kong. It feels like summer. Quiet in the markets. We have the trade figures of china and the trade balance in japan. Betty those are the big numbers to watch. Big market moving event. In terms of here in the u. S. , it mergers of a focus on that may or may not happen and specifically a look at Berkshire Hathaway and what they may be eyeing out on the horizon. Oil Prices Energy prices in particular in focus. Despite the drag, the market still managed to get out the gain. We will go through that in a moment, but that is setting up for a slightly bullish tilt for you in asia. Yvonne let us look at how things are playing out here. Cpi figures out of the u. S. New zealand, we are seeing the stock with weakness. 7356. Wi, the traders are worried about the dollar edging up. The worst currency in the g10 space, ahead of the decision this week as well. We are seeing a
And london, this is bbc world news. Its newsday. Good morning. Its 6am in singapore, ii at night in london, and 6pm in the evening in washington, where President Trump has asked his advisers to be prepared to give a full range of options to deal with the Nuclear Threat coming from north korea. A Us Navy Strike group is already heading towards the korean peninsula. The Us National Security adviser said the deployment was prudent, and criticised north korea as a rogue, Nuclear Armed nation. David campa nale reports. The carl vincent strike group, an Aircraft Carrier, a guided missile cruiser, and others, had been due to visit australia. Instead, it is going full steam to the western pacific ocean, where it recently conducted exercises with the south korean navy. As well as massive strike power, the Carrier Group has the ability to intercept Ballistic Missiles. President trump made it clear to beijing last week that he is prepared to act alone against pyongyang is necessary. The decision
Higher. Up by a quarter percent. The cac down by half a percent the ftse down slightly. After the friday night release of the European Bank stress tests, they were not nearly as stressful as some thought they should be. But you did see a lot of concerning things that came out of it. You can see unicredit is down by 7. 5 . Well find out how much it could impact the u. S. Markets in a few minutes. Lets check out crude oil prices because each though crude was up on friday, if you looked at last week, it was still down by over 2. 50. Oil sitting right around 41. 60. This morning, wti under additional pressure. That september contract right now is trading just above the 41 mark at 41. 07. Brent crude at 42. 93. It may be august, but things arent slowing down. Earnings and important Economic Data, all this as the dow starts the month on a sixmonth win streak. Today, we get the july ism Manufacturing Index. Tomorrow, june personal income and spending and your auto sales numbers. Wednesday it