Just gone 4 am head in the russian capital im sorry with the latest news from welcome. And fast stop europe and russia should return to a normal relationship without sanctions thats the joint message from the News Conference of. Talking about the harm to the economy by those restrictions it seems prime even odd to an emotional touch. Because you may approach the time the sanctions could be lifted or extended im always sad because so much could be achieved and the situation could be so much bits well it was no secret that the euro skeptic forces currently in power here and rome are no big fans of europes anti russian sanctions to say the least but as youve heard Prime Minister contes message is getting more loud and more clear especially when hes Standing Shoulder to shoulder with the russian president who once again reminded about the enormous amounts of cash that both sides were losing just because of this sanctions war. In 2012 we had the trade to no good 450000000000. 00 now its 207
Revealing more about the 10th anniversary iphone, apples most important new product in years. Welcome to daybreak asia. You, thewere showing devastation by Hurricane Irma as it made landfall today in florida. Bring up those pictures again of what it looked like an ft. Myers. Certainly very scary as the storm moves westward. We are tracking the path on our bloomberg here. Hurr , irma taking a different direction, more westward. The severity of the storm is continuing to decline. By monday at 2 00 a. M. , a category one storm. That may be why we have seen various estimates, including one reducing estimates of damages from 200 billion to 48 billions 48 billion. It is a movable feast, isnt it, as we assess that different kinds of damage to property. There are households without power and some may go without power for weeks to come. Some of this infrastructure damage will need to be built from the ground up. We will be talking to a Real Estate Developer with property in miami and get his ta
Continuing to search on the back of that positive reception to the new iphone. Here in hong kong, firmer footing. Shares rising the most in two months. Through,numbers coming very strong, driving developers in this part of the world as well. Story, ae other major rebound from fridays low, driving the risk sentiment and asia. Yvonne thank you so much. Our top story, august a bumper month for china property sales. Despite attempts to cool down the market, the value of home sales jump 33 last month. Lets go to Tom Mackenzie following this for us. Yes, we saw some redhot prices in august for property sales in china. Cities, 64 saw price rises, compared to 51 in july and 55 in june. Month on month gains. Shanghai, 5. 2 increase in prices month on month in august. That despite the fact that both of those cities have introduce curbs to rein in prices. We have had other cities as well putting in curbs. That points to concerns that analysts have said were there, which is when you put curbs and
It is just past 7 00 p. M. It is just after 7 00 a. M. And hong kong. Happy early monday. This week is all about janet yellen and governor kuroda taking center stage. It seems like the boj might overshadow the fed this week. Thats right. It was an interesting time. Last night, we saw some hand in hit manhattan. More on that later. Just to see how things are kicking off so far. Consumer confidence and new minutes ago, aew recovery in the Third Quarter. The kiwi dollar flat. Meets later this week, but no change expected. Australia, five straight weeks of losses. We could see a soft open in sydney today. We are seeing a lot of Dollar Strength since friday after that better than expected inflation for august. Japan futures are pretty much flat, yen holding on. 102. 26. What will we watch in new york . Two week ramy ramy two words, the fed. We have to talk about the bombing. How is that potentially going to affect trading . Linkght now, there is no to International Terrorism. It is being pr
Samsung selling assets to fund the note seven recall. Right. You can let us know what you think of our top stories. Follow me on twitter at rishaadtvand include trendingbusiness. Playing catch up when it comes to hong kong and shanghai. Markets closed on friday. Singapore, taiwan, malaysia coming online. Had a dramatic morning with the technical issues plaguing the asx. In anession was placed enquire state. The technical issues have been resolved, and we are expecting an open at half past the hour. We will be watching that. Taiwan,e, the open in up by 1. 5 . The straight times opening flat, malaysian stocks up by. 5 . Seeing modest gains. The new Zealand Market not moving much. But really the focus for Global Markets is the Central Bank Bonanza happening this week, the fed, the boj, a plethora of regional Central Banks. On thursday, rbnz. There is an outside chance we will be getting a move from the rbnz given Inflation Expectations are week. Bank of the philippines and the central ban