Victoria park. According to the organizers, 510,000 protesters participated last year. Many of them gathering several hours before the start. In september, 2014, the world witnessed the socalled umbrella revolution. Named after the way pro democracy marchers used umbrellas to protect themselves from tear gas. Students and citizens occupied the streets for 79 days, demanding true universal suffrage. Not one of their demands were met. The lack of change created a sense of hopelessness. Prodemocracy groups disbanded and some residents began resenting activities that disrupted daily life. The annual ceremony to mark hong kongs return to chinese rule was a lavish event. 1200 guests from china and overseas attended. Hong kongs chief executive ying was critical of prodemocracy faction and their revised electoral bill. He also reemphasized stronger ties with beijing. There has been no compromise towards citizens seeking genuine democracy or true universal suffrage. In this episode, we see wher
Particularly Unfavorable Market environment at the start of the year. Divesand the aussi dollar after the central bank unexpectedly cut rates and its inflation outlook. Meanwhile, the yen surges with an 18 month high. We are less than 30 minutes away from the start of the European Equity trading and lets have a look at where we are with european features. It will be a little bit stronger at the start of the European Equity feature come up. 2 . The ftse 100 is up by. 6 . We are getting some breaking news, really focusing in on what is going on in front in markets around the pound. The pound is raising its yeartodate losses, versus the u. S. Dollar. There have been many concerns about where the Brexit Debate will take the u. K. , whether the u. K. Will decide to leave the European Union or not. Expectations around the feature as seen the pound move up and down. Lets check where we are on crucial asset this morning. 4 comparedup by to the previous growth on the back of that reevaluation a
As hr practices. Summer suedck last the vc firm Kleiner Perkins and cal field. She said she was preyed on by male colleagues and denied a promotion when she complained about it. Now, she is starting her own consultancy firm. She is starting a tech diversity advocacy group. Advising companies on hiring hr pay practices. After she left Kleiner Perkins, she was the interim ceo of credit. She is also on the board of clipboard and lehigh technologies and is now starting her own consultancy shop. Theyll miss an interview with the former Kleiner Perkins partner ellen pao about her new advocacy venture. That is one year after losing her discrimination lawsuit against the legendary the sea firm. Catch that today at 3 00 p. M. Eastern. We are halfway through a pretty brutal trading day. I want to head to the markets desk where Bloombergs Julie Hyman has the latest. It started in some areas of asia , spread to europe, european banks, and now spreading to the u. S. Economic orders we got in asia,
I am Jonathan Ferro joining you and london with tom keene london. So much news. What takes your fancy . Up we go, we will re liquefy. Navigate that, and at the same time is tweaking communication. We will discuss that. Lets get to vonnie quinn with bloomberg first news. Ta recall of defective airbags is more costly than the multimillion fine. They will no longer use takata airbags. That was their biggest customer. Honda says that they misrepresented and manipulated test results. They say that theyll use a more inflatedemical to its airbags. The other airbags caused eight deaths. Say that the fine could be a record. The russian jet apparently had no warnings of trouble before it crashed in the egyptian desert. Includees black boxes no discussion of mechanical or system problems. All 224 people on board were killed when the airbus crashed. Most were russians returning home from vacations in egypt. Bodies were burned. Most of them will be identifiable. News of a diplomatic salt between ch
Rates begin to rise . Four reasons to be bullish still about the American Housing market ahead. And get a load of this one. American airlines actually flew the wrong plane from los angeles to hawaii. It wasnt certified to fly that distance over water. How in the world does Something Like that happen . That is the question were going to try to find answers to. But we do begin ty with the possibility of a rate hike this week, which would be the first fed increase in about a decade. Dominic chu has been taking a closer look at the stocks that are the most sensitive to a rate hike. Arguably by what im going to show you, investors and traders have already been positioning themselves for a possible rate hike from the fed. So you have heard it before, well say it again. Utility stocks are often viewed as one of the big sentiment gauges or proxies for what happens with Interest Rates. The reason why is because when Interest Rates rise or are threatened to rise, utility stocks tend to sell off.