Billionaires index. Raise 30 5ting to billion in hong kong and shanghai. Aviation in australia. Alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. Shery. Shery breaking news out of south korea. We are getting the preliminary thirdquarter gdp numbers and we are seeing the quarter on quarter the economy has grown 1. 9 , which is beating expectations of 1. 3 and this is also coming after its first recession since 2003. We saw a contraction of more than 3 in the previous Second Quarter. Youre on your, still a contraction of 1. 3 but its a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. We have seen growth and strength when it comes to south koreas exports and manufacturing industries. Thirdquarter manufacturing actually growing 7. 6 quarter on quarter when you look at the details in the gdp numbers. We have seen the rebound in china. South koreas biggest trading partner helping i
On tax avoidance a court over rules a decision requiring the tech giant apple to pay 13. 00 a 1000000000 euros in on a toxic tire that is a major blow to e. U. Efforts to rein in sweetheart deals for big business. And berlins pro tennis tournament with fans in attendance could be a blueprint for Global Stores there are fewer checks and face masks and even a virus killing and disinfection tunnel. Im kyra jets and welcome to the show the twitter accounts of several major global figures have been hacked in our script 0 currency scam Barack Obama Joe biden and moscow were among those hijacked by scammers posting tweets to juba people and to making big donation. Its weitz told the users of the social media platform they had 30 minutes to send 1000. 00 and bitcoin donations in order order to double their money twitter stopped many verified accounts from tweeting and said it was looking into the incidents. Well our reporter our parred so as he has been following this story for us are about ho
Of a top soldier the fallout in azerbaijan to newport about me and. Chapters on democracy and secularism removed why the Indian Governments plan to slash School Syllabus is due to the pandemic is being questioned. China is about and to retaliate after the u. S. President announced a new measures to hold beijing accountable donald trump reveals new sanctions against chinese officials over the new National Security or imposed on Hong Kong China says it will now impose sanctions of its own. John fund you know who to be able to uphold our legitimate interests in china will make the necessary responses to sanction the relevant personnel and entities of the us side were just the us to correct their mistakes and to not implement this act and stop interfering in chinas internal affairs if the u. S. Insists on going down the wrong path china will definitely hit back will hong kong is being stripped of its special trade and economic status and banks that also deal with some chinese officials wil
Some of londons old pay reparations for having links to the colonial era trade. Just after 7 am in los angeles 10 pm in shanghai and 5 in the evening here in the russian capital welcome to our 2 international i mean and. China is threatening to retaliate against the u. S. After president signed on executive order counseling hong kongs preferential trade status mr trump. Proof the hong kong autonomy act passed by Congress Earlier this month which imposes sanctions on officials involved in chinas new security law beijing has dismissed the act as a piece of scrap paper. Made from really that you sound the us act militias least landers hong kongs National Security legislation and grossly interferes in hong kong a fairys in chinas internal affairs the Chinese Government strongly opposes this and strongly condemns that the us sides attempts to obstruct the implementation of hong kongs National Security law will never succeed in order to save guard its own interests china will make the necess
Look particularly at the nasdaq, its up 16 year to date but the wait is what you have to think about. Facebook, apple, amazon, microsoft google are up 13 year to date. So youre seeing overweight in terms of really big companies. Any meaningful downward movement along them is going to result in broader index. Im not optimistic particularly nasdaq because i think its overinflated liquidation there is it too glib to say if vaccine hopes are met with real positive data that technology suffers from a whithering stayathome narrative, or is that too simplistic . Yeah, its a little simplistic, mostly because of the factors that are contributing to the tech growth are multivariant you have this issue of the low Interest Rate environment which is drawing a lot of yield, but you also have the fact that people staying at home use Digital Services more. You look at the streams services and the semiconductor and tip companies which are underlines and inputs on the digitization thats happening thats