Worldwide trade has been slashed. Postnba future, we will hear from lebron james. Feeling more risk as we head into the last trading session of the week for asia. Lasttrading flat after the halfhour of frenzied gains, s p 500 up 20 loss in the previous session. Nikkei futures at the moment looking flat. Dollaryen holding at 107. Gainingg dollar index with the exception of the kiwi and aussie dollar. It feels like we will see modest over in spite of concerns increased virus numbers, particularly in the u. S. And globally we are averaging 150,000 new cases per day. The underscores uncertainty. The senate in the u. S. Approving a bipartisan bill that would limit banks doing business with chinese officials involved in hong kong. Tom mackenzie is in beijing. It still has to be signed into law. Given unanimous consent, how likely is it this will be enacted . Tom very likely at this stage. It has bipartisan support in the house and it has been signed off in the senate. It will end up on trump
Now on bbc news all the latest Business News live from singapore. Asian Stock Markets sell off from wall street. Why investors in the us and asia are worried. A big push out of china, how long will it take for alibaba to succeed in the american marketplace . Good morning, asia. Hello, world. Thank you forjoining us hello, world. Thank you forjoining us that this thursday edition. We start off with the markets. As you can see right now, the Nick A Kicking off the first day trading session down by 1. 4 . 270 points, Tracking Falls on wall street overnight on worries about washington. We also have the all Ordinaries Index giving back 1. 2 in early trade. Us shares extending losses following reports of a memo byjames losses following reports of a memo by james comey suggesting that President Trump had tried to interfere with a federal investigation. That has made the us investors depressed. Down by 1. 8 overnight and the nasdaq losing a hefty 2. 6 . That leads to concerns that political tu
Be brave. This is daybreak asia, live it from bloombergs u. S. And asian headquarters. I am yvonne man i am betty liu. Yvonne and i am yvonne man. It looks like we got a little bit more drama coming out of the u. S. China dialogue. It seems like the gloves came off in terms of the Trump Administration side. Have to wonder what happened behind closed doors. Would havehought we an action plan in the first 100 days. It was quite tense, both sides canceling their pressers. Will we go through with these tariffs . What is the relationship now between xi and trump . It seemed they were getting along swimmingly well at maralago. To have another golf outing to warm up relations again. [laughter] yvonne we thought this would be a very choreographed event, not too exciting, but we got more fireworks than expected. The pessimism in the markets, wall street, record after record we break. Asian markets, equity markets solidly in the green. Not the case in new zealand, lets take a look at the nzx 50,
Business news live from singapore. Investors cheered the results of the first round of voting in the french elections. And singapore is aiming to be the first smart nation ever. But is it learning fast enough to keep up with the competition . Good morning, asia and hello, world. This is monday and thank you for joining us. We start off with the french elections and voters have indeed spoken. From 11 president ial candidates, the pro european candidates, the pro european candidate emmanual macron will be facing far right Marine Le Pen in a run off election on may seven. The winner will lead the second largest economy in europe and one of the seven largest in the world. Lets have a look at the Currency Board and the eurojumps to a have a look at the Currency Board and the euro jumps to a five month high against the us dollar following the election result. A relief rally for the euro. There were worries that if Marine Le Pen won the presidency outright that would spur funds to leave the e
Election. It is know what you think of our top stories. Follow me on twitter at rishaadtv , include trendingbusiness as well. Singapore, taipei, and kuala lumpur just starting up. We are looking at asia extending the global rally that started on friday. This follows the massive session into europe, carried into the middle east. Oil had a decent bid just coming off that. Raising oil for asia. Were looking at substantial downside for three Health Care Providers. The government is saying they are aware there is sick growing list there is a growing of Health Care Providers looking to jack operates. Over in japan, let me show you what is happening, 1. 2 . The yen is getting whipsawed today. We are closer to 104. One specific group of stocks, have rallied quite sharply in the past few weeks. A lot of this comes down to what has been happening in the bond markets. You have these yields on the longer end of the curve now back to the highest level since march. The two year is not budging. It is