Approaching midmorning across the asiapacific. Session highs on the benchmark itself. We are looking at emerging markets index, the adage when china starts to go one way, that is where most things go. We are going the opposite way as far as the china story. At least the last 18 months or so, quite a rally that is forming. Weve seen this movie before. It feels a little bit more different when you juxtapose the amount of measures and announcements and pronouncements and promises that have been laid out the past two weeks or so. Whether the data at some point sort of moves with the rhetoric, yet to be seen because as we were pointing out the pmi numbers are underscoring the need for why we are seeing more of this out of beijing. Romaine the thing is we got the beige book, reinforcing what goes on in every Industry Group apart from essentially going out and traveling a little bit. Otherwise, a dismal sort of showing. Chinese people cutting back on everything but travel and restaurants, the
May be over. Money markets and economists split as the rba policy tightening cycle nears its final stages. Haidi china criticizes the biden administrations latest arms deal with taiwan as the latest military footprint in australia expands. Shery Standard Chartered doubles down on earnings buybacks after an earnings beat. We hear from ceo bill when terms. Futures in the Asian Session, the start of the trading day under trading week, not necessarily seeing any movement at this point. This is after u. S. Stocks rose friday. The s p 500 gained three consecutive weeks. We are talking a 19 gain this year already. It was helped friday by key gauges of inflation showing further easing. Americans grown more optimistic about the Economic Outlook and we have plenty of earnings this week. 160 nine S P Companies reporting. 11 trillion of my get cap included market cap including apple, amd. The 10 year yield finish and just below 4 on the friday session. Yields fell friday after jumping toward an ei
welcome to verified live,three hours of breaking stories, and checking out the truth behind them. of breaking stories, and checking the authorities in ukraine say more than 40,000 people are at risk from flooding, after a major dam in the south of the country, was attacked and collapsed yesterday. presdent putin has blamed ukraine for the attack calling it a barbaric act . while kyiv and moscow blame each other, once again it s civilians paying a heavy price for russia s war. this is the scene in the city of kherson entire houses and streets submerged underwater. some people waiting to be rescued in affected areas have been forced to spend the night on their roofs or in trees as the waters rose. the dam supplies water to large tracts of agricultural land, including in crimea. and the reservoir behind it provides water to cool the zaporizhzhia nuclear power plant further upriver. both areas are currently under russian control. united nations says the collapse of the dam wil
They tell us both of them were certified pilots, but its unclear exactly who was flying the plane at the time of the crash. Federal investigators are working to determine the cause of a deadly plane crash in truckee on saturday night, where wreckage can be seen scattered along the railroad tracks. Its so sad. Life is so fragile, friends and colleagues identify the israeli husband and wife as 57 yearold lee run and 58 yearold naomi petrushka. It just, you know, hard to hard to believe. Friends, remember the couple as passionate tech entrepreneurs and investors, was the driving force behind palo altos up west, an Investment Firm specializing in fast tracking Israeli Tech Company founders. Breaking into the u. S. Market. Everyone who was fortunate enough to cross path with them just got to see how, you know, smart, kind, generous they were. Ido tal, a palo alto man whos now following in lee rons footsteps with his own Silicon Valley venture, has memories of a 2013 flight over the bay area
Closed, because this section of highway one, just a half mile from the famous bixby bridge, has fallen away. It happened after a round of wet weather and high waves on saturday. At the present time, were really discouraging any visitors from coming down here until until its deemed safe. State parks in the area are now closed campers money will be refunded, but it is a big blow to big sur that had yet to recover from last years landslides and road closures. For the business people, its horrible. Right now, only residents and essential workers are allowed through and only twice a day at eight and four, martin hubbs, who lives here, ventured to the Grocery Store in case things get even worse. You never know. Its raining on thursday, so i might just say its too dangerous and boom so i got my tea, my milk, and im set up. Caltrans crews do have a plan for a temporary fix in place. It involves expanding the shoulder and placing 500ft of concrete barriers along the center line of the roadway.