Paul good morning and welcome to daybreak australia. I am paul allen in sydney. Annabelle i am Annabelle Droulers in hong kong. We are counting down to asias major market opens. Shery good evening from bloombergs World Headquarters in new york, i am shery ahn. The top stories this hour. Takes birthday in two weeks helps u. S. Stocks again as treasury yields go higher and argentinian experts in freefall as a government deals with the political outsiders shaking up the election race. Chinas property prices affecting the listed industry. Shery we meet a man who could be taiwans next president. He tells us exclusively how he plans to reassure voters and maintain peace. U. S. Futures coming online slightly higher in the asian session. This, of course, after we saw u. S. Major benchmarks gain ground, tech leading the gains. It was a lowvolume session, not surprising given that august is a slow month, but a small tin can make a big difference. The russell 2000 of smaller stocks fall into a on
Happy with the megaplans as they stand now. I think its a great plan but i dont think they thought it through. Reporter she didnt want levis stadium. She says the megacomplex will bring more traffic and parking problems. Its another halfbaked plan with grandiose ideas that they havent addressed the infrastructure. Reporter well, it is going to be a threephase project with phase one completed in five years the retail shops. But again, this is also going to Start Building maybe around 2016 right about the time when the super bowl is going to be played right across the street. Reporting live in santa clara, linda yee, kpix 5. Thats going to be neat timing. Former 49er joe montana is planning to build a hotel and Sports Complex in the area as well. The city council will vote to move on that project to move it forward next month. Caltrans is moving along with an earthquake retrofit on northbound 280 in San Francisco tonight. But that might be the only thing going smoothly on the freeway. Tr
President obama justifies actions saying time is up in mosul. Today, with our support, iraqi and Kurdish Forces took a major step forward by recapturing the largest dam in iraq near the city of mosul. And authorities in missouri say police came under heavy gunfire overnight as a peaceful demonstration against the shooting of a black teenager turns violent. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. So a very good morning, everybody. Lets talk a little bit about this bhp billiton story. Unlocking value, but for who . Bhp billiton shares as the mining giant announces it will spin off 14 billion worth of assets into a new company to be listed in australia. It comes as bhp posts full year underlying net profits of 13. 5 billion. Thats up 10 on the year. Well, lets catch up now with john wilson. Well speak to him as he comes good. But meanwhile, i want to fill you in on the mollermaersk story. After the shipper delivers a 1 is billion buyb
One of the advantages to renting instead of buying a home is the ability to call the building superintendent or property owner when something goes wrong. The refrigerator not staying cold? A puddle in.