For wyoming, yellen and groggy take the podium. Kaplanson hole, robert defense inflation target saying it will be met. President trump will kick off the texaso overhaul next week. But how much can be achieved between a white house and congress . Hurricane harvey since gasoline surging as it heads to texas. Said to be the worst storm in more than a decade. We are less than half an hour away from the open of cash trading. I wonder how much it will move today at the open. Futures show almost no direction whatever. The euro stocks 50 almost unchanged. The ftse and backs unchanged and the backs dax unchanged. Could see a little rise at the open, but a very small one. A littlet bunds, moving yield today. Right now, up to 0. 382. Let me show you the threeday look. We have come down from 0. 4. If you look over the course of a month, we have come down from a little over. 5 . Bund yields continue to compress smaller and smaller, very interesting, as people seem to buy german debt. Manus will the
The ting jay y. Lee as investigation into south koreas scandal looks to iden to other conglomerates. Takata surges in tokyo after maker ubled airbag settles on a billion Dollar Settlement in the u. S. And with trade data from china will the implications of presidency be reaching. Examining reaction to at whats ng going on as far as the yuan goes, were still about 29 inutes away from the start of trading here in Hong Kong China a mixed picture when it comes to whats happened so far. Who is ve look at coming online and how they are changing the narrative. Malaysia, all starting their session. Kick off with in thegoing on, currency space given that a dollar is showing weekly loss. Fed chair yellen bolster the case of tightening policy. Traders tell us that funds overnight low to further unwind dollar ong positions and that laernl exporters are seen elling the yuan keeping below the 1,200 yuan level koreafter the bank of held its rate at 1. 25 , as largely expected. We do have gold steady
In the us courtroom as he defends the origins of facebooks Virtual Reality headset. Weighing up the wish list Business Leaders give us their take on theresa mays plans for brexit, as the pound starts to sink again. Welcome to World Business report. Im sally bundock. We will be live in davos in just a moment to speak to the boss of wpp about what theresa may had to say on tuesday. Facebook founder Mark Zuckerberg has denied allegations his companys Virtual Reality unit stole its technology from a rivalfirm. He faced hours of tough questioning in a us court on tuesday. Our north America Technology reporter dave lee provided more details about the case. Mark zuckerberg was on the stand wearing not his typical grey t shirt but a full suit and tie and while he was there his Company Facebook was accused of essentially stealing technology from a firm which works very closely with oculus, that oculus. They say it was their input that may be oculus headset and early success that may be oculus h
The World Economic forum in davos to get the inside track on how the worlds biggest institutions are dealing with the challenges of Cyber Security. The chief Technology Officer at Bank Of America will be joining us. Also Cambridge University is recruiting a professor of lego. So we want to know if the ubiquitous Building Blocks are now more than just childs play . Are you a Master Builder . Let us know. Just use the hashtag bbcbizlive. Today, for the first time ever, a Freight Train from china will arrive in the uk. It wasnt intended as a symbolic statement, but with the british Prime Minister now confirming the uk must leave the european Single Market, the trains arrival does illustrate that post Brexit Britain may need to look further afield for its trading partners. Theresa may used her much anticipated speech yesterday to announce the uks priorities for upcoming brexit negotiations. Leaving the Single Market means britain will lose the right to trade with the European Union without
Lee. Prosecutors vowed to continue the Corruption Investigation without wavering. We will have the latest from seoul. And for now european markets are all headed higher theresa may is speaking in davos in less than an hour and so we are watching the pound sterling. We are also going to be getting the inside track on the winners and losers. Also, streaming service net flicks reported a huge boost in subscriber numbers, they put it down to their original conflict, it is a little bit like netflix and chilling. Do the streaming services make your much watch shows . Do get in touch, use the hashtag. Welcome to the programme. Do get in touch with your comments, not just about netflix do get in touch with your comments, notjust about netflix but do get in touch with your comments, not just about netflix but about do get in touch with your comments, notjust about netflix but about our other stories. We love to hear from you. We start here in london where fears of a costly brexit exodus of bank