Everything that the bank of mpedand does is being tru in japan equitys. That moment of deposit when you thought the machine would not work at the equity markets are opening up. Weresense in the market weve gone so far and so fast on the equity markets in terms of revival that it is time to take irontle bit of a positive ore is at its lowest in five years. Tinto down 1. 3 , 1 . Oamerican down the dollar is still pacing ahead. We are down 4 10 of 1 . Numbers, weheir will go through those. Have both beens reporting on the slate today. I picked up a couple of german names it delivered. Adidas delivered. Quarter. Ncome for the Running Shoes and soccer. Football. I dont know why people call it soccer. Very american. Soccer and Running Shoes do well. Socgen down 3 , we spoke to them earlier today and he says he theyt need the easing, have done a lot and reiterates the focus is on organic growth. Bank, a love and. 98, mr. Blasi must be me. This is where a lot of the banks had to make all of th
Government is spinning its crime down on some of the austerity demands. A simple lifesaving idea becomes a reality. We report from cambodia on a new Global Health policy that will see syringes only used once. Also on the program, aaron joins us. Another day in the spotlight for the bank marred by allegations over tax avoidance allegations in its Swiss Banking unit ppt hsbc dropped by 17 , although still making more than 18 billion. And now were hearing its big boss has his own Swiss Bank Account where he keeps his bonus money. Stay tuned. Well find out what the chief executive officer had to say not about the birds, but about his own financial arrangements. Hello, everyone. Its noon here in london 7 00 a. M. In washington and 4 00 in the morning in los angeles. Where politics took center stage at the 87th academy awards. The two actresses who captured the main honors used their acceptance speeches to highlight equal opportunity. But civil rights immigration, mental illness, they were a
Expectations. Incompetent vestors dont seem that disappointed. And french wheat tells low after it told investors it took a 2 billion hit related to its stake in alston. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. And a warm welcome to todays program. Were going to be an extra hour longer, three hours, because of course the u. S. Markets are still to come. Were going to kick off in rome where youre seeing jules is located. Theyre going to ask matte matteo renzi for more time to agree on their agenda. Jules, i hope you had a nice week end in the italian capital. How tough are negotiations going for mr. Renzi. Incredibly rough, ross. We are expected him to be given a mandate at 10 30 cet. There were delays in the talks. A angeleno alfano. Hes talking about a german style pact here. He wants to set out the forward progress of this coalition and what reforms are going to be enacted. He, of course, broke away from berlusconi last year. Since
China down by two percent. It was the 25th month in a row of expansion. 62. 7. That is a concern. A strong yen really weighing on those stocks. Singapore straits are seeing slight gains. Hyland falling. It is down so far this year down. Thailand it is down so far this year alone 66 . Toit has been a rocky start 2014. The question is what is to come for the rest of the year. What is the answer . We have only had three days. Gauges in hong kong, a guarantee these things will change. Point, 10 gains. We have dropped three percent. You could say they are thinking a 20 or 30 rally for 2014. The index is down five percent this year. Forecasts,oss these i gets i guess it is a common message that it will be better. And it is likely to rear its ugly head, which could put more pressure on the supply of cash. Relating to following house prices, rising bond yields. Stress, anygns of pain that is unexpected. Something actually could happen. There is a lot of optimism about these reforms. Is driving
Telling to fight the sunni insurgents. President obama has not ruled putting troops on the ground. Andrew david is with us now. Andrew, can this violence be stopped . It is very unclear. They have swept in. This has been going on for a week. We saw a good chunk of the iraqi army collapse and evaporate. They are within 60 miles of baghdad. Clearly they have more support in the north than they would in the south and as you mentioned we are seeing calls for civilians to take up arms. But calling for that to stop an insurgency shows how desperate the situation is. There are reports that a quarter million iraqi soldiers may have defected. Al qaeda thinks they are too violent. That is pretty frightening. They have a lot of experience earned in syria fighting the civil war. They took much of the north in less than a week. They captured a lot of equipment. The iraqis have air support. You know the army evaporated in the north. Yes. Obviously we look at Market Reaction to all of this. We have s