Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july. We are seeing an economic recovery in china and demand for semiconductors. Lets turn to Sophie Kamaruddin in hong kong for a check of the markets. What should we be watching out for in south korea today . Sophie we have more data coming out. Tourism revenue falling for a fifth consecutive month so the focus will be on the consumer sector. Of o have the likes reporting earnings. Consumer sentiment has rebounded for a third month in south korea and online spending will continue to be key as the
Left. Biden taking out a chapter of the president s playbook in buy american plan and take a look at futures pointing to lower opening, down 120 on the tow and s p 500 right now down 11 points. Nasdaq closed at record high yesterday. Dow and s p 500 were in the red as coronavirus spikes raise more concerns about economic recovery. The Supreme Court delivering a mixed ruling for the president saying Manhattan Das Office can get tax returns but denying Congress Access for now, plus this could be the worst tick season ever, many symptoms mimicking coronavirus, what you need to know to stay healthy coming up next hour. Mornings with maria is live right now. Purposan markets look like this. We have gains in europe. Cac quarante up 15 and dax up 47 points. Pretty good positive tone in europe. The two of the uks biggest retailer booth and john lewis cutting more than 5,000 jobs. In asia overnight red across the board. China shanghai composite snapping winning streak after rising nearly 17 in
We are starting to catch a bit bythe u. S. Back end, down 5. 7 basis points switzerland moving a little bit. The bond market starting to catch a bit. What are we going to be talking about . We have great guest lined up for you, we will be talking to citadel a little bit later on. We have an exclusive interview ofh joe mecane, head Execution Services at citadel. We are going to figure out exactly what we can take away from what citadel is seeing in terms of the flow right now. We have that conversation a little bit later on in the program. Joining us now to give us a sense of whats going on . Alix ashwin,t . Guy set us up perfectly. Big bombs, big tech, but now we have a market searching for the next catalyst. Which is it . Ashwin a reflection of what we are worrying about the most, the ironclad resilience being shown in an environment that is fraught with many significant macro risks. When a market like the current market appears to be pricing in a nearperfect picture, you have to be v
Latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve done as a peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder dropped his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation the airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday lou lou found the board to chair carl loued with clay warned that voting against the deal would mean taking a big risk. You know. We have run out of money to this day we live on the reserves we set aside during the good years but soon we will have used most of it without support. In the next few days so the chairman also addre
Looking to switch to self sustainability as it plans to ditch intel chips in favor of it so we dig into the details of the move and the latest innovations from the tech giant with a packed show today so lets go into it right in. And we begin with the big news from the Airline Industry as weve done as a peers set to receive a 10000000000. 00 bailout from the German Government now this bailout package had been held up for several weeks as the airlines largest single shareholder dropped his opposition that shareholder billionaire businessman herman thiel had been threatening to block the deal as recently as last month his opposition though has faded as has found itself in a dire situation the airline lost 10300000000. 00 in the 1st quarter of this year at the companys Shareholder Meeting on thursday loop the loop down the board chair carl lewd with clay warned that voting against the deal would mean taking a big risk. You know you can get mia we have run out of money to this day we live o