Galaxy note 8. And uber may be on the right road with losses. It is now a mere 645 million. A reminder to our viewers on what happened today in the u. S. , you have to remember what happened last night. You guys were still trading in donald trumpsident said this. President trump we have to close down our government, we are building that wall. Let me be clear to democrats in congress who oppose the border wall and stand in the way of Border Security. You are putting all of americas safety at risk. Betty Republican Leaders sweating bullets after the comments. That hit the markets,. Today, risk off. Right after trade, you had mitch mcconnell, the Senate Majority leader who had been rumored to not have spoken to trump for weeks, ane, he is working with the president. They are going to Work Together on tax reform. Trying to alleviate the market, that this Government Shutdown is nowhere near happening despite what you heard from trump. Betty is increasingly casee is increasingly the the you
His controversial travel ban to the Supreme Court. And keeping it cool. People in northern japan are lining up to save for an allwhite winter spectacle. The annual sapporo snow festival. Japan easiest Prime Minister says he hopes to build trust with donald trump when they meet friday and it seems the new mesh president feels the same way. The u. S. Has officially announced shinzo abe is going to trumps private resort in florida. A spokesperson says its sending a good signal. This is a testament to the importance the United States places on the bilateral relationship and the strength of our alliance and the deep economic ties between the United States and japan. Trump and abe are slated to travel together on air force one after their first meeting at the white house. The u. S. President also plans to host a dinner and play a round of golf with the japanese leader. I will be the greatest jobs producer that god ever created. One major issue the two will discuss is trade. Trump has critici
More yen selling. The u. S. Dollar is rising further against the japanese currency on the Foreign Exchange market. The dollar has risen to the 85yen level for the first time in 20 months. Investors are selling yen on the tokyo Foreign Exchange on speculation policy makers at the bank of japan will agree to an inflation target proposed by the incoming administration. The new Prime Minister shinzo abe will take up office later in the day. Analysts say the b. O. J. Will likely further boost its monetary easing measures. The dollar is currently trading at 85. 2631 yen. Ai uchida joins us now from the business desk for more on that. So ai, investors have been trading the dollaryen quite dramatically over the last several weeks. Thats right, catherine. Just a month and a half ago that pair was trading in the mid 79yen range. Almost six whole yen weaker in just six weeks. A dramatic move indeed. So going forward, what can we expect . Well, we spoke to disaburo nezo for his outlook. He is a Se
Plan. We see russia as a large, promising market. We wont change our mind. Theres more to be done in this market. And more warning signs out of china, investment, retail and factory data all disappointing in april with data hitting multiyear lows. Youre watching worldwide exchange, bringing you Business News from around the globe. And a warm welcome to tuesdays edition of worldwide exchange. Plenty to come through on the show today. Are you looking forward to it . Happy tuesday. Happy tuesday, everyone. Well get opecs latest report. Retail sales coming out of the u. S. As well. But before all of that we continue to look at m a on the astrazeneca pfizer story. Pfizer making its last push reiterating to uk jobs and r d if the proposed deal goes ahead. The ceos of pfizer and astrazeneca are due to appear before uk lawmakers in london very shortly. The unions make their way starting in 30 minutes time. Then pfizer ceo ian reed is in an an hour after astrazenecas ceo will appear. Katherine
Clients around the world on one of the worlds most coveted delicacies. A separatist leader in Eastern Ukraine says his group Wont Take Part in the upcoming president ial election. Pushylin says the people have chosen independence from kiev and says hell seek formal ties with moscow. Prorussian activists staged a referendum on sunday in defiance of ukraines interim leaders. Pushylin says about 90 of the voters in the Donetsk Region and 90 in the Luhansk Region backed autonomy. Translator the people of the Donetsk Region have endorsed the establishment 6 the donetsk peoples republic, which we declared on april 7th. Pushylin said he will ask leaders in moscow to consider accepting donetsk into the russian federation. And he said he will establish a military in the region. He says separatists will not hold any kind of dialogue with ukraines interim government. After pushylin spoke about 200 supporters gathered around municipal buildings occupied by prorussian separatists. Translator its li