Investors weighing a reaction that could further destabilize the Global Economy. President down to asias major market opens. These are our top stories trumpe for social media after his tweets are fact checked he says twitter and others are trying to silence conservative voices. Breaking news out of south korea. We are getting the Industrial Production numbers for the month of april and we are seeing a huge contraction month on month, a plunge of 6 . The expectation was for a decline of about half of that and this of course also is after gains in the previous month. Year on year, it is a contraction of 4. 5 percent. Again, really a much bigger contraction than expected. Hearing year, we are talking about the biggest contraction since the financial crisis. We have not seen such a big decline since 2009. In the month of april, and south korea, we have continued to see the restrictions over the coronavirus pandemic. Already, we are seeing a second wave of infections in south korea and talk
Emergency for tokyo, osaka and six other prefectures. Last week the government canceled the nationwide declaration for the other 39 prefectures. Officials are focusing on infection statistics in tokyo as well as in osaka where one new case was reported on monday. Amid the decline in new cases the government is urging people to maintain social distancing measures to prevent the second wave of infections. In total more than 16,300 people have tested positive for the coronavirus here in japan. Now, face masks made by members of japans new minority are in high demand. They gained nationalal attenti after the cabinet secretary wore one. It beaars patterns that the ain people believe wards off bad things. They have a backlog after receiving orders for around 1,200 masks. Translator we have received emails from people across the country and its their wish to avoid bad luck. Im glad theyre embracing our culture. It takes at least one hour to stitch the pattern by hand. The pandemic is having a
And Central Banks are stepping up calls for help amid fears that they are running out of options. We are live at the imf meetings in washington. Sophie checking on the start of trade in sydney. Little change, after the drop of 200, halting a fiveday advance. Broadly speaking, we are setting up for a mix start in the agion, but looking to have second weekly gain. Chinese thirdquarter gdp numbers come, as corporate numbers on the mainland have shown little improvement after a bleak first half. Japanese inflation remains subdued, giving the boj food for thought at the policy meeting. Able back below 1. 29 on brexit deal hopes, pushing it to a sixmonth low to position for a negative outcome. Aussie bonds under pressure this morning as the rba governor said the economy is improving. Offshore yuan 7. 8 against the 7. 08 against the dollar after fixing. Jessica acting white house chief of staff Mick Mulvaney denies saying that President Trump withheld military aid to ukraine to persuade key h
The semi finals between netherlands and sweden in the womens world cup has just kicked off were live outside the stadium. The netherlands are 0 0 with sweden. A serious diplomatic row is breaking out between china and the uk and hong kong is at the centre of it. In the last few hours chinas ambassador to Great Britain has issued a stern warning to the uk government about intervening in the territory. Hong kong had now returned to embrace the motherland, its a special administration of china. Its not part of uk. So i weighed called them to say hands off of hong kong, show respect of what has been achieved in hong kong and the one country to systems. The chinese are clearly furious about comments like this uk support for hong kong and its freedoms is unwavering. Jeremy hunt. Hk people must preserve right to peaceful protest exercised within the law. That tweet was posted as were watching pictures like this. Protestors stormed hong kongs parliament and then vandalised it. They even raised
There are many very good arguments for and against, but the that we have sent tens the fact that we have sent tens of millions, if not hundreds of millions, hundreds of millions of to rwanda, and now of pounds to rwanda, and now theyre saying, oh, sorry, weve got to stagger it. We can only take a few for now. Oh, lets slow down the scheme. They should be the shots should not be calling the shots on britain should on this. Surely britain should be, the ones dishing be, if were the ones dishing out the money. What this is, do you know what this is, though . Is britain though . This is britain projecting weakness. Its exactly negotiations exactly like the eu negotiations. A united. If we had presented a united front, wasnt front, parliament wasnt bickering with itself. What kigali has seen here that, kigali has seen here is that, hang on, the house of lords are trying to stop this. The labour party are leading in the polls. They to it, undo they want to reverse it, undo it. Get into power