Unchanged policy. Coming back from the typhoon slower by 116 points. We are talking about hsbc, one of the laggards here, missing out. The largecaps under pressure, 4819 right now. We are looking. When it comes to dollar dynamics, we did see a stronger dollar, which led to a hit. 379 right. 7 now. The china 10 year yield, we just got the pricing on the dollar bonds. Gold taking a retreat. Brent crude Holding Around 42. Tom lets bring you back to the top story in this region. Xi jinping will bring a major policy address later, in the next 20 to 30 minutes or so. Across the border in shenzhen, to talk about an integrated tech corridor to rival silicon valley. Stephen engle is following the story and joins us from hong kong. Steve, what are you looking for in this speech . Stephen i am looking for a better tagline. They are calling this a chinese socialist pilot zone with chinese characteristics. I think the greater bay is the grander scheme. And xily china wants to jinping with a trip so
Communicating well as the year ended. Faarecent surprise is the was not ready to review the boeing until mid february to finish the review. Dennis muilenburg could be back in fleets by year end. This disconnect surprised a lot of people. That was the beginning of the end for denniss career at boeing. Kevin in terms of the shareholder response and the washington response, how have people been reacting to the news . George we have seen shares up. Was about this act trying to keep any further slippage in the timeline, trying to keep the max in front of the faa and reviewed and cooperated and looking like youre cooperated with the faa. I do not think it accelerates anything. I want to follow up. What is interesting is this is a company that is known for its checklist. For pilots talking to engineers, we have a great story in Bloomberg Businessweek on this and how there was a breakdown. What needs to change. Is it a big change within the boeing culture going back to where it used to be . Ge
A letter saying that a swift and certain implementation was simply not credible the elizee says its sticking with its plans to buy data and Analytics Group within it to. Now at the same time the 2nd biggest i. P. O. This year could soon come hong kongs way Bloomberg News reports that hasa bush in bed has revived plans to raise 5000000000. 00 through an i. P. O. In hong kong the brewing giant behind brands such as Stella Artois and u. S. Provisos said its asia pacific subsidiary has resumed its application for the listing of a Minority Stake of its shares on the Hong Kong Stock Exchange the move could be a boost for hong kong bourse which has recently been battling to win listings by International Companies due to political tensions with beijing. Now china meanwhile has called on its biggest state firms to take a more active role in hong kong including stepping up investment and asserting more control of companies in the financial help beijing says its trying to calm months of unrests i
New fears of a bubble. Haidi beijing and washington prepare for top level talks over tensions and trade in north korea. Rishaad the secretary of the state turning up the heat on pyongyang, saying the gears of patients are over. Lets look at the markets, no trading in tokyo. , some data coming through, reaction to house price numbers out of china. Also the followthrough on this trip by secretary of state Rex Tillerson. That a lot to impact from tillerson visit. , currencies seems to be off the agenda and that g20 communicate. Forwonder what that means that fear of a currency war between the u. S. And china. We are 30 minutes away from the we are 30 minutes away from the open end the mainland and in hong kong. Sophie we do have new zealand stocks leading the drop, voice for the biggest fall since november, down 1. 2 . Aussie shares are snapping a four day advance. The yeartodate rally is a repricing for an oldschool economic recovery led by shipments to the u. S. Take a look at currencie
Market. It is a knock off of the major industry right now. The chinese session is falling off a little bit and shanghai is down 1 . The thing i was reminded about economy and the secondlargest stock market. This is a point that everybody made and we are looking at the growth with the drop and the volatility in the stock market is horrendous. You see the move and you talk thet everybody saying that stocks and selling bands will billionsn end with the of dollars not doing anything and we see drops like this with the china index in the First Quarter and the chance the csi will be in the red. It is a bad omen. . Ill this come to an end this has been in formal messages. Maybe this will not come to an end until the other regulations are in place and we will get a read on all things china. Lets look at the program with caroline. The statecontrolled funds haltedtervened and they training. Sectors withking those familiar with the measures. Since biggest reverse september. 20 billion in the fina