Boris johnson is due to the side on fridawhether to walk away from the talks. New zealand prepares to vote with polls indicating the Prime Minister will be a comfortable winner. Both party leade are criticized for not doing enough for women. Breaking news out of south korea. We are getting the jobless figures for the month of ptember coming in at 3. 9 , which is much higher than analysts had expected. Its also larger than the previous month, when it came in from august at 3. 2. 300 92,000 jobs were removed in september from a year earlier and we have seen the jobless rate ssawing. We did have the virus resurgence in south korea so that hit the labor market negatively and we had typhoons in september that might have skewed the numbers. The positive boost for the labor market in south korea is the governments planned fourth extra budget that should help the employment market. S p saying it will take many years for employment to return to prepandemic levels. We have seen the bank of korea
Of it. Shanghai comp, for tens of 1 lower. A relatively good week for the asx. Other Asset Classes making themselves felt. Taking a look at what is going on with that. The 10 year japanese yield continues to trade below the zero level, which is the preferred boj level. We have a bond Program Announced att 5 00 p. M. Announced 5 00 p. M. Tokyo time. Reflective of it being near six month lows. Gold is pretty much stable. Nymex crude oil is up again. Bute down in the session, over the last 24 hours, moving to the upside. Back and looking at what is going on with regards to the opec plus meeting, another deeper cut in oil production. We have breaking data. Decision for sri lanka. They kept the standing lending rate at 8 . The deposit rate at 7 . That is pretty much unchanged. What is going on with some of the first word news. We have a man who has been relatively quiet. Kim jongun making himself heard today. President trump is facing a new challenge when it comes to north korea after the l
Efforts. Hello, everyone. Welcome to the center for stra tee teethic and international studies. Im a senior fellow here and also the Deputy Director of the project on prosperity and development. We really appreciate everyone coming out on a thursday afternoon thats gorgeous before labor day i think this is a really important topic. And a really important report that were putting out right now. So i appreciate all of you taking the time out to do this. Before give a brief summary of the report which i hope all or most of you were able to get, it will be posted online right after this event. I you want to say a couple of thank yous. The first is to the Ford Foundation that has were just completing our second year of funding with the Ford Foundation. Theyve been really great partner with us. So thanks to the Ford Foundation for believing in in us. A slightly nontraditional partner for them on this. I want to thank my coauthor who is currently in laos working for unicef. If shes watching,
Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at least, president minneapolis fed says he doesnt think t
Isis is so much more adept at social media than anything we have able unable to do then able to do. Rep. Mccaul we have a new generation of terrorists that are very effective on the internet that have radicalized enough people to recruit 40,000 jihadists into iraq and syria, the largest convergence in history. Now they do the external operations, same with northern africa. We have to counter that message. Some private companies, google, facebook, they are stepping up to the plate to counter the message. I think the United States government could do a more effective job leveraging the local communities. At the end of the day, these are sunni arab communities, they need to step up to the plate and protect their own backyard and protect their own religion. Its important to understand the legislation coming out of the Judiciary Committee as well, when the Just Announced a policy of not examining publicly available social media, that is important to do. Because it can give you leads include