Health of these countries and whether some of the concerns we have seen in recent days are limited to individual countries or a broadbased problem affecting emerging markets. We have seen currencies selloff precipitously in this space, and we have seen a flight to safety as investors pile into Precious Metals like gold and silver. It is a very active day in the equity markets and in other Asset Classes across asia. For theowest level overall benchmark in over four months. Talking about falls for some of these equity markets, the biggest falls we have seen in seven months. David has the details on this flight to safety or quality. Moving to the sidelines. Yeah, it is basically the same group of stocks. You have japan, because of the stronger yen. Down 1. 5 . Looking at the currencies, the peso, the rupiah, and the bot. These are the same three which took the brunt of the selling in june, right after ben bernanke used the tword. 45. 42 for the peso, the weakest level since 2010. The rupi
Welcome to countdown. I am caroline hyde. Breaking across the terminal. Do intend to make an offer for vodafone and we were running a story earlier. Talking to regulators about potential takeover with the vodafone off. It is no surprise was that at t has made it clear they are looking across the atlantic to make purchases and they want to expand their market. You have sprint and tmobile really hitting them hard in terms of price and in the united states. They wanted to come to europe and much speculation with the vodafone. Maybe some other European Companies. When of the story first broke at the end of october according to people familiar, bloomberg ran a story. A statement has been released that has quashed speculation that an attempt to make an offer for vodafone. Our International Correspondent has been of the story this morning. Hans, quashing speculation . It looks like the speculation the at t is going to make a bid for vodafone is over and it looks final. That makes them beating
Europe and the u. S. On friday. That continuing in the asiapacific as well. Servile atmosphere. We are following it very closely. A serious situation with these emerging Market Equities and assets selling off. Taking investors by surprise. We are seeing developed markets now following the declines that rish talked about on wall street and in the european session friday. Check out the kospi and the nikkei. Significant declines for japanese equities. 2. 5 today. We are watching this very closely. This is the broadbased move to the downside. No Industry Group appears to be spared. Check out the initial trading action in singapore, malaysia and taiwan. It is early going but we will be closely watching those Southeast Asian markets. Jakarta, for example. We will be watching thailand later when that session gets underway. No trading in australia today. In new zealand, the top 50 index is down by 0. 75 . The selloff is apparent. We will be following it throughout the course of this morning an
This is todays a worldwide exchange. Im ross westgate. Here are your headlines from around the world. Chinese exports blow past expectations in december. Raising expectations for next weeks Fourth Quarter gdp. Investors are still cautious ahead of the Interest Rates issues in europe. Three issues, the new 2015 included a clause to make restructuring easier in the event of default. All right. Welcome to the program. If youve been watching in europe or asia, you might have seen squawk box in europe today. Well miss that. But shes done her days work. Tim cook is back in china for the second time in less than a year. Well be back in shanghai for analysis. This is what the future looks like. No, not me, but in vegas where we view the latest gadgets at the Electronics Consumer show. Well find out how mario draghi plans to shape the year. Plus, the oscars, well look at the favorite to pick up the golden statue from los angeles at 11 40 e. T. Lincoln got ten nominations yesterday. But first, c
The stocks a buy for a long term. And it is the single biggest threat to the Global Economy. Cnbc contributor ron asana wrote a marv his piece about it on cnbc. Com. Its something weve not had to deal with in this country in my lifetime. He will join us to explain. First, to josh lipton out in Silicon Valley with breaking news. Tyler . How much is uber worth . How about 17 billion. The Transportation Service just out with news that it has raised 1 1. 2 billion in a new funding round valuing the startup at 1 billion. The company says the total amount raised will actually grow to 1. 4 billion once it closes deals with some other investors. Uber does face some challenges, no down. Raising money does not appear to be one of the them. Taxi companies have complained about the encroachment of uber in their space. Travis kalanick will be joins cnbcs closing bell for an exclusive interview at 4 30 p. M. Eastern. A 17 billion car service company. Bertha coombs now for a market flash. Hi, bertha.