Panic or price spikes. Than 52na listing more times oversubscribed. We will assess investors appetite with the ceo, Joel Silverstein. Haidi that is a market highlight but in the meantime, lets take a look at how the set up in asia is faring given we did have the resounding tech rebound. Sophie, what are you watching . At. 8 . S p eminis stock futures pointing higher come of this ahead of the session that brings philippine trade data and a decision from malaysia. Beth are split. The malaysian economy is showing signs of a rebound. Korma she orders are due. We may see a pickup in cap exeter and by the auto sector in japan. From south korea, we are waiting on an announcement of a fourth extra budget that is expected later this afternoon ahead of that we have kospi futures looking a little bit lower. We have the kospi set to be the best performer in asia this month, up 2. 1 so far in september. A quick check on the offshore yuan just Holding Steady after rebounding on that dollar softening
Place in the philippines accused of human rights abuses as they enforce strict coronavirus measures and the outgoing void to me in. Chief for failing to protect muslims im joining us with sports including more doubts around the term care limp exist japans Prime Minister says it wont be possible to host the games unless the coronavirus is contained. Just 2 weeks ago the world learned were on track for the worst recession in nearly 100 years coronavirus pandemic may wipe 9 trillion dollars from the Global Economy well now countries around the world seeing that stark reality play out on their own balance sheet. The Worlds Largest economy for example the United States well its shrunk by nearly 5 percent since the start of the year thats the largest drop since late 2008 and nearly a full percent more than expected well germany europes economic powerhouse is expected to plunge into its deepest recession in 50 years new numbers released by the government have the countrys g. D. P. Shrinking b
Actually absolutely destroy the outgoing un special rapporteur of course Operations Leader Aung San Suu Kyi over the continued persecution of Rohingya Muslims im joining the with sporting doubts around the take here lympics is japans Prime Minister says it will be impossible to host the games next year unless the current virus pandemic is contained. Its still early days in the pandemic triggered world wide recession but we now have a better sense of how hard key sectors of the economy are being impacted the Worlds Largest economy the United States has wiped out a decade of growth shrinking by 4. 8 percent in the 1st quarter according to figures released a short time ago one of its largest manufacturers boeing as reported losses of at least 600000000. 00 while european rival says that it lost more than half a 1000000000. 00 in the 1st quarter to europes largest economy will have the worst year since the end of the 2nd world war germany contracted by to. Percent in the 1st quarter but it
Response is . We do not. Sebastian businesses size up the dent in their bottom line while bracing for continued headwinds. We did see in february the fix was down 85 . If i talked to our colleagues in china, they say it is Getting Better everyday. We want to do our best to fight this crisis and achieve our targets. Sebastian plus investors, economists, and policymakers offer guidance in a time of financial turbulence. I think the odds are 80 that we will have a recession. The Oil Price Decline is very, very good for india, good for china. We can survive with threeity, we have for months, six months, nine not months. Many people are going to go bankrupt. Sebastian that is all straight ahead on bloomberg best. Hello and welcome. Im Sebastian Salek and this is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. Flash back to last friday and talks
That was the whole shock and awe. Central banks finally starting to get it. Do we have some actual details as to what the fiscal responses . We do not. Sebastian businesses size up the dent in their bottom line while bracing for continued headwinds. We did see in february the fix was down 85 . If i talked to our colleagues in china, they say it is Getting Better everyday. We want to do our best to fight this crisis and achieve our targets. Sebastian plus investors, economists, and policymakers offer guidance in a time of financial turbulence. I think the odds are 80 that we will have a recession. The Oil Price Decline is very, very good for india, good for china. Weekend survive with liquidity, we will have four three months, six months, nine not months. Many people are going to go bankrupt. Sebastian that is all straight ahead on bloomberg best. Hello and welcome. Im Sebastian Salek and this is bloomberg best, your weekly review of the most important Business News, analysis, and inter