The Trump Administration overstepped its authority. Ntt reportedly planned to take its wireless carrier unit private. At buyout could be valued 38 billion. At thebreaking news moment. We are getting Industrial Production numbers for south korea. Year on year, it should be for the month of august, a decline of 3 , matching expectations, and bigger declines than the previous month. We continue to see some weakness year on year. Industrial production numbers have been in contraction for five consecutive months. When it comes to the previous month numbers, they have been revised slightly upwards but not by much. Month on month, a contraction of 0. 7 which is a contraction instead of just coming in flat as expected so that is disappointing numbers. Perhaps we could see some better numbers later in the year. We do have trade numbers for the month of september. We are expecting it to come up on thursday and exports are likely to see an annual gain in september so lets watch out for those numb
Good morning welcome to squawk box. Im becky quick with joe kernen and Andrew Ross Sorkin weve been on a bit of a winning streak up four days in a row. Yesterday the dow was up this morning, you are seeing a little pull back dow down s p down and nasdaq off by 172 yesterday, Goldman Sachs helped. Good news from moderna godm goldman came out with much better numbers than anticipated. Also looking at the trezy yield. The 10year is sitting about 0. 622 good morning. As joe mentioned earlier the twitter shares are lower after the company showed dozens of users were part of a twitter hack targeting some employees who had access to systems and tools. Among those hacked joe biden, jeff bezos, bill gates, elon musk all telling users to send massive amounts of bit koip to an address they are diagnosing the problem and will share everything once the picture becomes more clear if they got in through employees with tools and access to accounts that raises questions about security procedures at tho
Night in toledo, ohio. President trump as we begin the new year, our economy is booming, wages are soaring. Workers are thriving and americas future has never ever looked brighter. We are th the envy of every couy in the world. We created 7 million brandnew jobs since our election. Lou the president s economy strong, growing. A symbol of his commitment to making america great. Rising wages for our middle class and those who aspire to it, and the lowest Unemployment Rate in a half century. President trump boasting americas economic strength will assure his America First National Security policies are always backed by the strongest possible military might. Today the Trump Administration moving ahead with sanctions against 17 metal producers and Mining Companies, as well as 8 senior officials of the islamic republic. Treasury secretary Steven Mnuchin making it clear more sanctions will come until iran puts aside its aggression towards u. S. En. And. If we didnt have these sanctions in pla
They have been buying into taiwan media. So they own it. That means the Disinformation Campaign is embed into taiwan politics. And it has been going on for years. It stepped up in the days before the election where there is all sorts of news that is untrue. Lou that would be like allowing big tech and big telecom. That would be silly to prevent such a thing. There was a bill passed the past few days about interference in the election. Lou it seems a little close to the event. This was controversial because the Media Companies in taiwan were against it because necessity were getting a lot of the money from beijing. At the end of the day i dont know if it will affect the election because of what happened in hong kong. Giving her a 10 to 15 lead in the polls. Lou you expect her could be reelected. Lets turn to hong kong. We have seen very little out of hong kong. Is that because its calm or is it because of benign neglect over unrest in hong kong. Whats had an important effect is the pneu
President trump as we begin the new year, our economy is booming, wages are soaring. Workers are thriving and americas future has never ever looked brighter. We are th the envy of every couy in the world. We created 7 million brandnew jobs since our election. Lou the president s economy strong, growing. A symbol of his commitment to making america great. Rising wages for our middle class and those who aspire to it, and the lowest Unemployment Rate in a half century. President trump boasting americas economic strength will assure his America First National Security policies are always backed by the strongest possible military might. Today the Trump Administration moving ahead with sanctions against 17 metal producers and Mining Companies, as well as 8 senior officials of the islamic republic. Treasury secretary Steven Mnuchin making it clear more sanctions will come until iran puts aside its aggression towards u. S. En. And. If we didnt have these sanctions in place iran would have tens