We are watching the hang seng index. Australias market is only higher by 0. 3 . But we had this news that china will allow australias cargo to come ashore. Lets have a look at stocks. Clearing exchanges in focus. The u. S. Approved legislation that could lead to chinese firms getting kicked off american exchanges. Also getting a call from sidney. Tak is down 1. 4 . ,his big surging iron or holding at a record. In recent weeks, weve seen pickup of state owned enterprise default in china that have jolted the credit markets and rattled investors. One company in the spotlight is ever grand, which has accumulated the biggest debt in global real estate. We are joined by Stephen Engle in hong kong. In ournt to bring distinguished guest, the ceo and cofounder of sc lowy in hong kong. A bank and manager that specializes in distressed and highyield debt. Good to see you. You spoke to bloomberg about a month ago and you did talk about ever grand. We know that they have taken steps to increase or
Today and two weeks later second and third graders, fourth and at that hearing room where weve seen Amy Coney Barretts fifth gradeers in november. Middle schoolers and high school children, her husband, family members. Students wont head back to a large hearing room where the campus until january. This all comes as california has Supreme Court confirmation seen a dip in covid19 hearings have taken place, but never like this in terms of positivity rates. Timing and what the country is going through. One of the senators seat. I did see some paws painted on in a moment well hear Opening Statements from the senators. The sidewalks and benches so theres Lindsey Graham, the kids are aware of where they republican chair of the Judiciary Committee talking to need to social distance six feet his counterpart, democrat dianne apart. Reporting live in palo alto, feinstein. Sharon katsuda, today in the the ranking democrat on this committee. As we watch this unfold, these bay. Thanks so much, sharo
All of the effort back and forth over the weekend. I would really focus on the immediacy of the calendar forward. Weve got the Vice President ial debate on wednesday. 10 days out to a president ial debate, i believe still scheduled. Jonathan so far. Tom and in 29 days, the election. I think those are the numbers that get everyones attention this morning. The National Polling not looking good for the president of the United States. On twitter right now, that is the campaign for the president right now, knowing what these polls look like at the moment. Tom around 10 00 make it around 10, weve got a new tweet. 91 approval rating. Vote these are short bursts of tweets , i guess showing the action that he wants to come out of walter reed this morning. Jonathan and hit became pin trail, virtually speaking hit the campaign trail, virtually speaking. Lisa to me, really interesting to see the momentum, how much it is slowing. We saw signs of than the jobs report. U. S. We will get a read on sep
7. 44 . As you noted before the yield curve. Steepening and a rally in the financials you mentioned that june 10 was the high that was the day where the markets had their maximum enthusiasm about the strength of the recovery and how fast it would be that was the peak where the come back of value and cyclical sectors. That seems to be the dynamic and the push for which stocks were preferred and the market seven days in a row of records is not to be dismissed guys the intraday record high in this session and well have to see if this continues . Yesterdays high is around 3,500. Coming up, well talk about the abrupt halt to the sports world. We ha we have fed president s and the interim ceo of tiktok. What a story it has been and a soap opera all week long we are learning more in the details in the sale of tiktok after walmart confirmed it has teamed up with microsoft sources tell us that walmart ineshlly wanted to be the lead buyer together with what was alphabet and soft bank coo and ran
The Saudi Crown Prince a lawsuit and an alleged murder plot i havent been so money is being sued in the u. S. Accused of another attempt to kill a dissident a group so you should saudi activists in exile be worried they risk the same fate as Jamal Khashoggi this is its a story. Hello and welcome to the program imran khan a man with close ties to the saudi royal family falls out with the crown prince and goes into exile and is targeted with assassination it sounds like what happened to journalist Jamal Khashoggi who was murdered at the saudi consulate in istanbul in 2018 but this is the story of a former top saudi intelligence official saw the jobbery says not long after killing the crown prince sent the same socalled hit squad to kill him in canada hes suing mohammed bin solomon in a u. S. Court and jobbery has a warning for other saudi dissidents abroad well bring in our guests in a moment but 1st this report from mike hanna in washington d. C. Crown Prince Mohammed bin solomon has be