Worlds newest country. Ive been a strategy welcome to dr news asia its good to have you with us over the 6 months of protests in Hong Kong China has repeatedly claimed that Foreign Forces often meant to unrest in the data tree now it appears used to try to prove its claim a former employee of the u. K. Consulate in hong kong says he was tortured by Chinese Police while on an official trip to the mainland in August Simon Chiang had been tossed by the consulate to report on the protests in hong kong he says that could be one of the reasons he was detained by Mainland Police chung has claimed that why did Detention Police wanted him to confess that the u. K. Was instigating under arrest in the territory and to extract this Confession Police used torture as a tool. I paid hank coughed and ive been playing for to. Stop the torture for example like. Me had stopped. And for several hours and thats you feel very painful. And then for example you need to do a lot of extreme exercise distract ta
Alibaba has an app and spent time catching up. They brought what is like chinas twitter and internationally invested in snapchat. But what is important on ecommerce is i think i can have up to a hundred people, maybe two hundred, in my private group, but people are selling stuff this way. The tights guy or the umbrella guy can have a hundred people in the group. It is powerful because if my friend says these are the best umbrella i am more likely to do it. A town across the border from hong kong is a massive company. That is the main competition on ecommerce and this mobile arena. It is chinas google partly because google messed up by leaving prematuritprematuritpre. They didnt mead need to but they are not as innovative as they would like to be. And google struggled in ecommerce so they have aspects and headway. Everything you do in china you from your cellphone. You can order any kind of food, any kind of product will be with you normally within the hour, sometimes ten minutes. They
Digest Curtis Martin new phenomena book that talks about a the revenue read the silence of Michael Angelo and all of the tumultuous events of a major opportunity and what is happening now theres so much going on in the world. Two things can happen we can screw that up or hundreds of years of prosperity. Is 350 pages i am a voracious and rapid reader so im hoping one day my ratings will reread. Isnt there a booklet you are involved with greg. I did start the congressional writers caucus trouble sides of the aisle. We do workshops and not authors come in and it is wonderful refreshing group of members. I thought i would take a little break so you see the movie set you want to read the book. But i got in treat with net flicks of man in the high Castle Berger used to read Science Fiction so these are the things that i just finished up a biography with a wonderful one on washington. A funny saying happened on my way in asking me to chair the Platform Committee of the rnc. With the republic
And taiwan in the next. David is having a look at general sentiment. We saw wall street client, and that normally has an impact here as well. We are expecting volumes to be fairly light over the next hour. Gdp of china comes out midmorning. Meantime, this is what were seeing across the region for taiwan, malaysia, and singapore. The cost be up 0. 4 . We are seeing a drop in the japanese yen. I will show you what is happening in just a moment. Top performer, the nikkei 200 205 the nikkei 225. The dollar is softer. It spiked in the last few minutes or so. Dollar10 climbing up as well. Dollar yen climbing up as well. A huge move down yesterday, 17 drop in 10 year yields. I think were seeing a bit of a rebound today. Food prices, we are below 48 for the new york knicks. As you can see, brent is below 49. That is obviously weighing on stocks. In australia, that sector group is getting hit the most. Oil and gas down 2 . A big move down on oil prices. Iraq the latest in terms of news. Record
Question conventional wisdom. We have to ask what if they were to be proven wong. A good day when dow declined and nasdaq declined. 31 all at the end of the day. I have five what ifs that would change the equation for this market right now making people come to their senses and understand that the trends cha can be your friends may have become a lot more friendly than you realize. The first what if what if the dollar has stopped going up or at least its not going to go as high. If you wind the tape back to a week ago before the fed meeting we presumed that the dollar was going in a Straight Line to trade one for one with the euro. The Exchange Rate did approach near those levels but the fed told us rates werent going to go up so the euro got stronger. That matters. So many hedge funds believe the stronger dollar can wreck the finances of whole countries overseas and cause so much pain for so many multinational companies. Hardly a day goes by when we dont hear about the big internationa