Power took another hit as Mitsubishi Materials admitted to falsifying data. They falsify data on goods that may have been delivered to do under 50 customers. Shares plunged the most in 18 months. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets take a look at the markets where hong kong and china are currently closed for lunch. In the morning session, hong kong hang seng showing up the market consternation in china. Back in half an hour. This is bloomberg. Welcome to best of Bloomberg Markets middle east. The major stories driving headlines, the corruption crackdown continued to superriche, saudis stashed their cash, just in case, even if they had not been implicated in wrongdoing. E calls time on his 37 year rule. And Global Equities hit record highs yet again. But does the sale of the da vinci for forgery 50 million paint a picture of the market over exuberance . We hear from one Senior Analyst who thin
Working to get up a bus that to seventy is whats changed and they bring. With the incoming president closely linked to former leader Robert Mugabe zimbabweans are wondering if anything will change. Also coming up the leader of germany social democrats Martin Schulz under pressure to enter a coalition with chancellor merkels conservatives he says he wont but some in his party reckon its time to think again. And ukraine marks four years since the orange revolution but European Union leaders deliver a tough message closer ties yes but no membership just yet. Hello im terry Martin Thanks for joining us. Emerson is to be sworn in as him bob weighs president shortly but after the euphoria of removing Robert Mugabe from power and was returned to harare people are starting to wonder whether hes the right man to steer the nation back to democracy and rebuild its battered economy he is after all mugabes former deputy and longtime comrade. They call him the crocodile partly because of his hooded
Police and pop in again a use force to take all the refugees who refused to leave a former australian run prison camp. Hello im daryn jordan this is our jazeera live from doha also coming up the air and sea ports remain closed in yemen despite a saudi promise to lift a blockade and let aid it. Is navy says there may have been an explosion on a submarine that went missing more than a week ago. And zimbabwes stock market has lost six billion dollars in a week can a new president rescue the economy. Police in papa new guinea have removed all remaining refugees some a controversial former astray and run prison camp on man asylum. Officers used force to clear the three hundred Seventy Eight men at the decommissioned site refugee activists say police destroyed their belongings to make them leave australian Prime Minister Malcolm Turnbull said hes pleased theyve been relocated the camp was closed three weeks ago but the refugees refused to leave saying they feared being attacked by local peop
Where is they thought that would of come to the forefront but maybe be cap is too expensive. Lets put up the risk radar and show you where we are. We are seeing a little bit of support for the japanese equity markets, the weaker yen, that is helping. China is selling. That has fizzled. We are near december near record levels. Manus keep an eye on oil. We are waiting to see what happens at opec nonopec. Youve got disruption at the keystone pipeline, transcanada is said to reduce shipment by 85 . This week, oil is up. 7 . Lets get to edward ludlow. Hes got your first word news. Edward germanys biggest Opposition Party is debating whether to begin talks with Angela Merkel on a minority government or coalition. It is the first sign that the socialist social Democratic Party is willing to help the chancellor stay in power. As they met last night, Martin Schultz faced calls to drop his refusal to join the merkel coalition. U. K. Officials have tried to accelerate brexit negotiations , irelan
A new president and. But i will do for myself. With the way he holds him back here and his people. Soul ever go. President emerson and god what takes the oath of office im a jubilant scenes at the National Sports stadium in the capital harare although to our correspondent. The german president moved to forge a new Coalition Government he calls chancellor merkel and the leader of the social democrats to join talks next week. And it breaks it looms again over Brussels European Union leaders arrive for a summit with leaders of Eastern European nonmember nations but britains departure from the e. U. Is likely to dominate the agenda. Im sumi so much going to thank you for joining us it is a landmark day for zimbabwe emerson and god has been sworn in as president tens of thousands of people and v. I. P. s from across africa gathered at a stadium in the capital harare to witness a ceremony and cheer on the new president he vowed to uphold the constitution and protect the rights of all zimbabw