We have world coverage here on daybreak asia. We will have the latest news from sydney. Betty and, follow from firing of theps fbi director, that stunning news earlier this week. We are live from our u. S. And asia headquarters. I am in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. A soggy day in asia, not just the weather. The markets, as well. Earnings at a retail with the biggest disappointment. Consumer staples were one of the better performers today on the s p. As you mentioned, that risk off coming into the market, we did fight back from the low of the session to close near the high of the session. Still on the red. S p down 2 10 of 1 . Losing. That makes it all the more poor and important to see direction in the market. An upside to the retail scale numbers tomorrow to see where the economy is headed. Numbers suggest a big rebound. Here is how asia is keeping things kicking things off in new zealand. Cautiousness, stocks down 1 10 of 1 .
Despite political opposition to the trade deal. Prime minister shinzo abe on the bilateral issues significant progress was made. We will continue to cooperate to lead the talks to its last phase. Matt a state dinner is tonight with 300 guests in attendance. President obama also spoke about the riots in baltimore. He says while there have been troubling Police Interactions with black citizens across the country, there is no excuse for the violence. President obama it is not a protest. It is not a statement. It is a handful of people taking advantage of the situation for their own purposes and they need to be treated as criminals. Matt meanwhile, the orioles canceled their games with the white sox for the second straight night. They will play tomorrow but the game is closed to the public. The first time we recall there is ever been a private baseball game on the professional level. The fed is likely to delay its Interest Rate increase until september. That is the opinion of economists. P
Pharmaceutical company Grifols (GRFS) faced a significant setback following the release of a report by Gotham City Research. The report accused the firm of serious accounting manipulations, raising concerns about its stock value.
Following the accusations made by Gotham City Research about alleged accounting irregularities at GRIFOLS (GRF), where on Monday it declared 0.5% of its
By Pierre Bertrand Grifols shares rose Wednesday after the company further defended itself against accusations made a day earlier by short-seller Gotham City.