We were hearing that we could see some candlelight vigils later on tonight, people going online virtually. It comes amid hsbc defying the u. K. And backing this National Security law. And the corporate impact of all this as well. Lets check on the markets, they seem unphased by what were going through here geopolitically and what were seeing in the u. S. The protests have calmed down a bit in the last two days or so. Markets off the highs but were trudging higher today. Mobile stocks on track for a ninth day of gains. Jakarta coming online and continuing to trend up, 1. 3 . U. S. Future seeing a little bit of pressure. The airlines, the nifty with modest gains at the start. Haven,rally and bonds a selling all. You did see yields picking up here. The aussie, back to 1 once again. The chinese 10 year yield, now or near february highs. The second worst performer after bulgarian debt, on disappointment that beijing may refrain from stimulus. About somebts opecplus deals. Watching the curre
Im Richelle Carey this is al jazeera life and also coming up. Not safe and not sound crude sworn hundreds of thousands of Syrian Refugees could be forced to go home far too early. Gasping for breath a suspected chlorine gas attack on rebel held areas and serious but the problems are. Drilling into the super bowl americas biggest sports spectacle. We begin with breaking news out of south korea an Appeals Court has reduced and suspended the sentence for the man at the head of one of asias biggest ever Corruption Scandals samsung vice chairman jay wiley has had his five year sentence reduced to two and a half years and that term has spent suspended so that means hell be free by the end of the day he has spent nearly a year behind bars for corruption name joins us live from seoul so this is a pretty big change how did all of this play out and tossed and whats the reaction been. Richelle its important for people to remember that lee was just one character a very high profile one as vice cha
Seoul. Will be live in the bond route continues. The contagion when it comes to equities playing out in the asian session. We had that 600 point drop to the dow. Asianf extended in the session. A huge week when it comes to the data. Four centralbank meetings. You have australia, centralbank in the philippines and looking at the reserve bank of india. Very interesting to get any policy reaction to that fiscal situation of the tell by the latest budget. In the meantime, looking at treasury yields and the features looking at more downside and this is playing out in a negative way in asia. 30 minutes out from the oven in china and hong kong. Hang seng looked at the barometer when it comes to the bearish sentiment in this world as part of the world. David, were watching everything. There are a lot of trades play ing out. David it is getting worse as we speak. Markets open at the moment. On a markets like taiwan flip. We will at teachers on a significant decline. A lot of centralbank decisio
Earnings. Eak down with facebookon sandberg. She says the me too movement has gone far enough. After a blow at first quarter, revenue topped estimates for the First Time Since snap went public almost a year ago. Snapchat fourthquarter sales jumped 72 and 200 and 85 million and instead of active users jumped to 187 million. Up 18 from a year ago. We have deborah in from seattle. Also, sarah frier recovers snap. What did snap get right this quarter . Sarah they been transitioning their advertising business to make it more automatic, more programmatic. Theyre selling as automatically which means they could have a better base of advertisers. The price of as have gone down but the volume and the a lot of time people look at these as going up, snap has been able to really make this work for them in this quarter for the first time. Emily we know that been doing a lot, there is a whole redesign and perhaps we are seeing some of the results of that. But what do you think is really driving these
Agrees to buy a company for 5. 5 billion. Right, half an hour from the start of the trading week. No trading in the u. S. , Martin Luther king jr. Day. In japan, machinery orders better than expected, the ppi,cer price index, factory gate inflation better than predicted by economists, but still in negative terrain for december. But see how the markets are tracking. David. David thanks. We are looking at a mixed bag. Markets just opening up, taiwan, malaysia. Have a look at singapore. One of the better performers performingthe best market in asia save for the philippines. Mixed. Ight times index,verything else canceling out japan pulling things down, australia, flipped the board, some other benchmarks at the moment. Australia, that comes down to the fact you are getting a decent bid when it comes to the mining stocks, japan, strong japanese yen weighing on that index. Assets. Ook across 1. 20, roughly at those levels. Dollaryen, still close to session lows, 114. At 2. 4 yields unchanged