Shery ahn thousands rally against Police Actions in hong kong. The unrest came up in toxic think china and japan in beijing. A study markets not kicking off trading in the early session. Sophie stocks stay below 6800. Not going anywhere fast given the holiday week. After a three dated decline. As investors consider the earnings trajectory going into 2020. Futures are pointing to gains in tokyo and seoul, adding less inn 1 10 of 1 , wellington. Switching out the board. The aussie dollar set to snap a four day gain. 1. 30ound trading below after being the worst performer ing itsht after cappting i longest lower run on no deal brexit. Yen barely budging as it is set to end the year, defined stronger forecasts. Bojs Meeting Minutes due later this morning. Paul . Paul lets get the first word news with haslinda amin. Slinda thousands rallied in hong kong monday evening against Police Actions to see moneys raised by a crowdfunding group. Police arrested four people over suspicions of money la
Now on bbc news live to singapore for Asia Business report. Zuckerberg grilled on the hill. Us lawmakers challenge facebooks boss over his crypto currency plans. The rise of the robots. What they be helpful mechanical friends or just steal ourjobs . It isa it is a thursday. Good morning asia and have a world. Glad you could join us for this exciting addition of Asia Business report. I am rico hizon, lets start with critter currency because Facebooks Mark Zuckerberg has tried to reassure sceptical us lawmakers over the safety of their proposed Digital Currency libra. At a testimony in congress, us lawmakers attacked plans for the pay system warning it could be abused by criminals and terrorists. He told the hearing he understood the reservations about libra but was determined to persevere. The idea behind libra is that sending money should be as easy as sending a message for some it will be a global Payment System fully backed by a reserve of cash and highly liquid assets. And i believe
Quantum supremacy. I cant explain what that means, but David Shipman definitely can. Here in the uk, a major Police Investigation is under way after 39 people were found dead in a refrigerated lorry. It was found on the side of a road in an Industrial Park in the county of essex. That is not far from that is not farfrom london. These pictures show the lorry being driven away under police escort. The victims bodies were still inside. Its been taken to a secure facility for a forensic investigation. Heres the police. Early indications suggest that one of these people was a teenager. The rest are believed to be adults. A Murder Investigation was launched and the lorry driver, a 25 year old man from Northern Ireland, was arrested on suspicion of murder and remains in police custody. At this stage, we have not identified where the victims are from or their identities, and we anticipate this could be a lengthy process. The lorry driver has been named as this man, mo robinson. Hes from from C
Week price premier will lead negotiations for china is telling dignitaries his offer to the u. S. Will not include commitments on reforming chinas industrial policy. These are some of the big demands the Trump Administration has been making in the trade talks. Update now on the crisis in hong kong. The city is struggling to recover after a night of violent clashes. Protesters defied government threats with Wearing Masks and were met with tear gas they were threatened with a year in prison for hiding their faces. Police arrested dozens of protesters and bussed them away under new emergency laws chinas military threatened to arrest protesters who aimed laser lights more protests planned for tonight. Some grocery stores, other businesses have reopened after closing early yesterday. The metro is only partially functioni ining hooch of serious and in the just dont tweet about anything anymore section of our news today, also making news the general manager of the Houston Rockets of the nba h
The hearing will come to order. Last congress this Committee Held two hearings examining the currency ecosystem. Those hearings we heard about some of the developments that have occurred and tha and and tr ijokerin the marketplace since e creation in 2008. The potential benefits of the Digital Currencies and the concerns about the value of stability, quality and illicit uses market manipulation and privacy. Since then facebook announced its intentions to launch the system into Digital Currency that will be governed by the association comprised of up to 100 financial and nonfinancial members including facebook digital wallet service. Facebook project generated renewed interest in Digital Currency and watching generally including how they interact with u. S. And International Regulatory potential benefits and challenges and concerns around issues like antiMoney Laundering in counterterrorism efforts including data privacy, Consumer Protections, commerce and Monetary Policy. David marcus