Health care workers accuse the government of letting them down the number of deaths the passes and 1000. And how indigenous communities in malaysia are trying to protect themselves from coronavirus. China has reported its highest number of new coronavirus cases normal 6 weeks Authorities Say 108 people were infected over the past day mostly travelers returning from abroad while that number is low its adding to concerns of a possible 2nd wave of cases begin with china now sarah clark joins us from hong kong so is this the 2nd wave the much feared 2nd wave. Well so this is a cluster thats been reported out of china on monday with 100 new cases there the latest figures from the National Health commission in china and thats up from 99 the previous day and thats the highest number of daily cases weve seen in the last 6 months 6 weeks i should say and most of these cases have been reported in a province in the north east of china this province is called the Heilongjiang Province and it borde
Being reported. One of the national headlining story fighting intensifying in libya between warlord Khalifa Haftar and the internationally recognized governments well have the latest from tripoli. And in sport professional baseball has made its 1st appearance of 2021 is hosting games behind closed doors with mannequins replacing real spectators. Lets get going with this news from south korea where at least 116 people who were cleared of the corona virus have again tested positive south korea reporting 51 similar cases last week it is raising concerns in the government as it tries to stamp out the rate of infection mcbride joins us live on skype from so rob whats the latest whats going on here. It is a worrying development this is a phenomenon that epidemiologists in the center of Disease Control here have been studying for quite a while the months this Large Population of people here who got sick towards the end of february beginning of march who got the virus who were there not treate
No doubt do nothing to help. 2. 75 . Daq is down we had the vix at 65. A Stronger Crude Oil index today. Basically, all industries in the s p 500 are lower. Just a couple of stocks higher, things like kroger and netflix once again. Absolutely. Rebalancing is done. President didnt sound very positive last night. In fact, he really didnt sound very positive last night. He delivered a long press conference. I think thats taken the shine off of stocks. , u. K. Banks also not paying dividends. The stoxx 600 is down by 2. 82 . Volume is a little on the light side, but actually ok. The saudis are really pumping it out. You wonder what will happen when storage gets full. Youve got a stronger dollar today. 1. 0928. Ar trading on off a lot of points out of the ftse 100 and the stoxx 600. Vonnie we are joined on the edne by yardeni founder yardeni. What are you looking at for the quarter and for next quarter . Ed it is hard to do point estimates. That was before the virus. These days, all you can
The pound is trading up i about 0. 2 . Ultimately what the extra supply is going to do to the shape of the curve, but certainly, this is what many people have been anticipating would be delivered. Italy also announcing it is going to increase its fiscal stimulus to help the economy out , an economy that continues to remain largely in lockdown, along with the population. Lets get more on how Insurance Companies are dealing with what we are seeing at the moment. The u. K. s prudential is a Health Insurer and asset manager as well. Joining us now is mike wells, ceo of prudential plc. Good afternoon. How is the company being affected by what is happening . Todaywe Just Announced 2019 results, were you had a number of convergences occur. Earnings were up 20 . The majority of our markets in x hong kong come very strong and resilient. It is an indication of what youre seeing now, which is market by market, we still see doubledigit growth in Southeast Asian markets, and as we are sitting here
No huge moves just yet. We will give the market time to digest that. Once again, the bank of canada cutting 50 basis points. A little trepidation given the heating in the housing sector. Lets move to the u. S. Picture. We are getting a bounce today, and you can be sure that Services Data is going to do nothing to do away from that. The Health Insurers are at the top of the pack, up 12 for some of them, this after the super andday results showed Biden Bernie Sanders can for the democratic number nation. The 10 year yield at 96 basis points. We got as low as 90 points in the basis in the u. K. Session. Crude oil bouncing back about 2 . I believe we have a fiveday chart of the 10 year yield to give you an idea of where we have been for the last five days. We will get to that any moment. What is going on in new york, guy . Guy we are up 0. 9 on the stoxx 600. Utilities are leading. A defensive story when it comes to equities today. Feels like a risk on blowout we are seeing. The german ten