And london. This is bbc world news. Its newsday. Its 7am in singapore, midnight in london and 7am also in beijing, where chinas president xi jinping has become arguably chinas most powerful leader since chairman mao. In the next few hours the party will announce the names of the new Leadership Team who will work with him. They may not be household names outside of china but these men, and they will probably all be men, give the world an important insight into his priorities. And it shows how president jinping has consolidated his power ever since he first became leader five years ago. Robin brant is in beijing for us. Todayis today is the big reveal, the new Leadership Team of president xi jingping . Leadership team of president xi jingping . Yes, it is very important we get this visual moment where these seven men walk out from behind a hoarding and are revealed. They walked out in seniority. We get xi jingping, then his premier. Then the five new faces. As you say, not household name
From our studios in singapore and london, this is Bbc World News its newsday. Glad you could join us. Its newsday. Glad you could join us. It is seven in the morning in singapore, midnight in london and seven in the evening in washington where the Us Government top lawyer has been facing tough questions about alleged russian interference in last year s elections. Jeff sessions says Clancy Colluded With Moscow were detestable lies. Allegations. Day such as these, the stage for the latest instalment of a russian saga gripping washington and destabilising the trump house. Last week we saw the testimony of james comey, fired by the president. Now the sequel. He came out counterpunching, fierce in his denial that hed held meetings with russian officials last year to discuss interfering with the president ial election. The suggestion that i participated in any collusion, that i was aware of any collusion with the russian governments to hurt this country, which i have served with honour for 3
From our studios in singapore and london, this is Bbc World News its newsday. Glad you could join us. Its newsday. Glad you could join us. It is seven in the morning in singapore, midnight in london and seven in the evening in washington where the Us Government top lawyer has been facing tough questions about alleged russian interference in last year s elections. Jeff sessions says Clancy Colluded With Moscow were detestable lies. Allegations. Day such as these, the stage for the latest instalment of a russian saga gripping washington and destabilising the trump house. Last week we saw the testimony of james comey, fired by the president. Now the sequel. He came out counterpunching, fierce in his denial that hed held meetings with russian officials last year to discuss interfering with the president ial election. The suggestion that i participated in any collusion, that i was aware of any collusion with the russian governments to hurt this country, which i have served with honour for 3
Investigation. His lawyer said that is not true. Haidi hello from sydney where it is past 8 00 a. M. This is daybreak australia. The first major markets open. Betty it is after 6 00 a. M. In hong kong. I have come all the way here. I am almost where you are. We are looking at all the action on wall street playing into the asiapacific trading day. All this week we are here in hong kong covering the u. S. And asian markets. Along with political stories we are tackling later in the hour including brexit and toshibas semiconductor unit, a huge corporate story. We want to get viewers caught up with u. S. Stocks at the end of the day friday, and it was tech shares. A lot of focus on the big tech stocks and how they traded. They dragged down the nasdaq 0. 2 , the dow also ending slightly higher but a little bit dragged down because of really the dow and s p, seeing essentially not just drag down but also the sentiment kind of the Big Tech Companies fear the big news on friday was amazon buyin
15. 8 . The expectation was 14. 5. Kind of a mixed picture. It seems like that export picture will be the same. Butct here in large part, asia demand will be the big question as that is expected betty the biggest is a good segue to ask you about some of the asian Tech Companies. , know we have got this chart talking about amazon with a nice comparison with amazon still huge in market cap against the big asian Tech Companies like alibaba and tencent. Do you see Companies Like that following the lead of amazon . Mark i can cover alibaba, they surprised the market two weeks ago giving and outlook for almost 50 . They are benefiting from some of the same growth amazon has in the past, different ways of facebook and google. They are doing it in a market where they have an unusually strong market share. Alibaba china is greater than amazon, and it can sustain at those levels. I dont think i think the valuation is good for both sides. The basic underlying driver is you have secular growth wit