Slightly pressured. 650 billion are wiped out in u. S. Equities in one day, yesterday. A lot of it has to do with the dollar. On track for the best week since april. That is hurting sentiment around the region. The aussie dollar is hovering around the july lows. You have more calls for a cut of the cash rate from the rba next month. We see yield heading lower in australia. 105 for yourat offshore renminbi. Slightly stronger for the pboc. Here are where yields are. 67 basis points. We continue to watch whats going on in the aussie 10 year, and the china bond inclusion could happen later on today with that ftse russell. Russell wreste. Could spur inflows into the market. We are watching commodities with the Dollar Strength. The metal is falling off. Silver, copper and aluminum taking the biggest hit in the last 24 hours. The marketre on action we are joined by our mliv strategist in singapore. Question of the day is what i want to start with. What assets suffered most from deleveraging .
Go to the bbc news website. The address is bbc. Co. Uk news. Or download the bbc news app. Now on bbc news live to singapore for Asia Business report. A dispute between south korea and japan, south korea removed from the list of favoured trading partners. And singapore s super penthouses. A look inside some of the so called little red dots. High rise luxury homes. Japan s decision to drop south korea from its list of favoured trading partners comes into effect today. It means japanese exporters will have to make sure their goods do not benefit sole s military or weapons industry before they can be sold there. Tokyo has already imposed tighter regulations on exports to south korea including material is critical to making memory chips and displays. Companies like samsung, they are the hardest hit. They manufacture more than 60 of memory chips globally and the first 20 days of this month alone we have seen Semiconductor Sales plunged 30 . In this tit for tat move, not south korea says it
Google takes a challenge to apple and amazon. The focus now is on Artificial Intelligence. Kathleen who will be the next fed chair . A story the keeps on giving. 24 hours ago we got news from bloomberg that trump aids that trump aides have given him a short list. Who trump is going to pick, nobody knows. Stan fischer would not say. Heu can get the sense is not in favor of girls for a fed chair. He thinks you have to have flexibility in be able to change very quickly. Whoously, no one will say will get it, but that is what everybody seems to be talking about. Yvonne nevertheless, market see them out. A slow grind this time around. Why we are talking so much about who the fed chair will be on this slow day. Ended 50 up. Nzx 50 up. But pretty much flat on the asx 200. Retail sales for august coming up in the next hour. Aussie continues to be continues to defy buyers. Still above that. 78 handle this morning. Japanese futures lower by 10 . A higher open in tokyo by about 70 points or so. D
Its 8am in singapore, midnight in london and and 2am Injerusalem where four Israeli Soldiers, three of them women, have been killed after a man drove a truck into a group of service personnel. Israeli police say he was a palestinian who was shot dead at the scene. The israeli Prime Minister believes he was a supporter of so called Islamic State. This report from Yolande Knell contains images you may find disturbing. A hazy view ofjerusalem. This is what Israeli Soldiers on a Training Course had come to see. Security camera footage shows two groups. The one in the Background Hasjust got off a coach when this happens. Look at the top left of the screen. The lorry drives at the soldiers at high speed and hits them. Then it backs up, apparently trying to crush more people before the driver is shot dead. All the soldiers who died were in their early 20s. More than a dozen were wounded. Witnesses who saw the bloody aftermath spoke of their shock. I just saw the truck going from the road onto
Its 8am in singapore, midnight in london and and 2am Injerusalem where four Israeli Soldiers, three of them women, have been killed after a man drove a truck into a group of service personnel. Israeli police say he was a palestinian who was shot dead at the scene. The israeli Prime Minister believes he was a supporter of so called Islamic State. This report from Yolande Knell contains images you may find disturbing. A hazy view ofjerusalem. This is what Israeli Soldiers on a Training Course had come to see. Security camera footage shows two groups. The one in the Background Hasjust got off a coach when this happens. Look at the top left of the screen. The lorry drives at the soldiers at high speed and hits them. Then it backs up, apparently trying to crush more people before the driver is shot dead. All the soldiers who died were in their early 20s. More than a dozen were wounded. Witnesses who saw the bloody aftermath spoke of their shock. I just saw the truck going from the road onto