Listing japanese stocks but the nikkei up 1 and chinas shanghai composite losing a third of 1 . Nicole after falling 2. 7 , markets for inventory data. Oil prices are faring this morning of 21 cents a 5129 a barrel. Lauren yields are Holding Steady at 2. 43 . Nicole netflix for stocks to watch today on a surge in global subscribers. But the numbers. Lauren in tennis a surprise upset for the defending champion at the australian open. Nicole 5 01 a. M. Here in new york. There is a come at january 19th. We welcome you to fbn am, your first look at morning markets and breaking news. Lauren breaking news this morning. 30 people enlisting after an avalanche. A hotel, a region hit by earthquakes. The avalanche may have been triggered by an earthquake on wednesday. A rescue official says there are many deaths. Not rescue teams reached their hotel on skis after his ouster in blocked routes and they are getting difficult. According to italys news agency, one survivor was saved because he had gon
Arriif asaf in ar crllpe ouatc m doue only 6 in the exchanges we hear so much about, for prevent that is where so much of the turmoil is. Is this the bill to reform medicare . Absolutely not. We would be focused on insurance. Are those accurate categories . To challenge we have to address immediately are those in the medicaid market as you identified. Ones it possible to work on of those areas at a time . Rather than in a comprehensive i said dont expect senator mcconnell to wield in a well barrow with a comprehensive health care plan. We dont believe in that. Failedt believe in a plan with our own failed plan. We want to work on it step by step. How you respond to that . I think thats fair. For individuals, people need to know we want to go from a Democrat Health care system to a republican Health Care System. An goal would be to go from american Health Care System that recognizes the needs of all. I know your plan wont he is in until after your confirmed the president elect and said
Foreign affairs made headlines in beijing. President ial summit is on the cards. North korea is advised to abandon nukes. It is 4 00 a. M. In london, welcome to Bloomberg Markets middle east, i am yousef gamal eldin in dubai. And i am shery ahn in tokyo. Just over two hours until the market close. Just under two hours, but the market here in japan not really recovering. We are seeing the nikkei down half a percent while the japanese yen continues to strengthen. We have the final fourthquarter gdp numbers showing the economy expanded more than initially reported. Still, when it comes to the markets, it is not optimism being felt. Is up. N the shanghai deposit is up. Defining trade data, a trade deficit a surprise with imports jumping 44 . Part of thehis world come up to hours away from the opening of the emirates market in dubai and abu dhabi. This is what happened on the last trading day. Coming under pressure, down half of 1 . A weakness coming through on real estate insecurities. Thi
Timeline for the National Peoples congress in beijing. He says it should remain stable over the year. But it does remain a sensitive market. They have a new offer for striking workers at the mine in chile. If these negotiations are to resume, the unions involved have yet to respond to news of the improved offer. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. A quick market check now. Later on. Ve in update this is bloomberg. Welcome to the best of Bloomberg Markets middle east. Major storiesthe driving headlines. President trump signed a new travel order. Six muslim majority nations are on the list. But iraq escapes the ban of this time around. Arms fighters in libya seized the biggest oil port. Futuristicto bring transport system to the gulf. Developer has gotten International Attention on the back of this deal with donald trump. Business at home will be in focus. Groupke to the damascus chief officer. Lets start off with your
Garnered international attention. It is business at home, will be in focus. We spoke to the group chief financial officer. I would like to start off with your sense in terms of the operating environment. This chart on bloomberg tells the story in terms of highend dubai property. This goes all the way back to 2009. Can you see the downside pressure. This is the paris per square foot. This is for high end villas and apartments. What is your take . I think to understand where we are today, we need to take a step back and look at it precrisis, going into the crisis and coming out of the the crisis. Up until 2008. The tube mark had been growing. In 2008, not unlike the rest of the world, dubai had a tough financial crisis in which property prices and other asset prices crashed. It took dubai around about four years to come back. If you compare to some of the other areas, london, early 1990s, it took them 910 to recover. It took dubai four years to recover. Then dubai had a great run in 2013