Stars sulli found dead in her home, just 25 years old. Thats all. Stay with bbc world news. Theres more on all our stories on the website. Now on bbc news live to singapore for Asia Business report. Trade war warning. The us trade secretary threatens china with tarah pike said the dealers instruct by the middle of december. Chinese buyers in dubai. By the desert City Property market is attracting investors from the peoples republic. Good morning, asia. Hello, world. Glad you could join us. Lets start off with the us because the treasury secretary has warned that new tariffs on 156 billion worth of chinese goods will be imposed to betray dealers not finalised by the 15th of december. Steven minusian said he hoped the deal would be formally approved but the comments contrasted sharply with Donald Trumps optimism. A former economic adviser to donald trump told me why he thinks its still on track. dont think much as changed since friday. The conversation we had on monday from the 0val frid
Now, do we want our banks to continue financing fossil fuel projects such as Oil Exploration . Well, europes Climate Change credentials face an acid test today. Eu finance ministers will decide whether to back a plan by the blocs lending arm, the European Investment bank, the worlds biggest multilateral lender, to end loans to coal, oil and Gas Companies beyond next year. The decision comes against a backdrop of investors increasingly offloading their fossil fuel holdings, among them norways sovereign wealth fund, the Worlds Largest, which is dumping more than 13 billion of investments. But, despite millions of eu citizens joining climate strikes and rallies in recent weeks, the eibs plan is opposed by the European Commission and countries including germany, italy, poland and latvia. They want to keep funding gas projects to help the move away from coal to renewables. Germany is aiming to close its Nuclear Power plants by 2022, but doesnt plan to phase out coal Power Generation until 2
It is 8 00 a. M. In dubai. This is markets middle east. To keep there was a lot us busy. We had big economic data. Lets look to how u. S. Equity markets closed. Jobs report. The s p 500 index rallied off the back of the better than expected payroll. Close0 reaching a record and the nasdaq and dow jones, gains. Jones up lack the the other big story was what happened in commodities. We saw french Oil Prices Rebound along with a bloomberg commodities index. Boy, did they take a sliding down. , oil iser the rebound back where it was before opec announced production cuts. Downloomberg dollar index almost 0. 5 despite the jobs report. This isrony in all of this part of the world has not really had a chance to react in this volatility we have been seeing as this part of the world under two hours away from the obligor of the in terms of what happened, we pull out the index and slap on the mrr gold function to see which companies have performed well. 8. 2 . In are seeing health care saudi arabi
Right now. Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen. And im wilfred frost. Sara, welcome back. Missed you yesterday. Came back, though, for double day. Fed meeting, boj, super tuesday too. Its getting exciting. We sort of missed you. I dont want to be too clear on it. We dont want to make you think we have to have you back every single day and you cant enjoy some holiday once in a while. Lets have a look at u. S. Equity futures this morning. Of course, yesterday we sort of lost a bit of steam. We had the lowest volume day of the year so far. Were looking at a little negative again today. The dow called lower by 84 points. The s p by 13. The nasdaq by 27 points. A quick look at the tenyear yield as well. A good gauge of risk sentiment the last few weeks. The moves have been clear. Weve been ticking up closer to 2 . However, the last couple days weve been treading water. Were back down to closer to 1. 9. Nonetheless, seeing a little bit of riskoff sentiment t
More than 40 local and international sports events will take place in June in different locations of Dubai, in collaboration with Dubai Sports Council and with distinctive participation of huge numbers of Emirati and expatriate athletes.