Now on bbc news all the latest Business News live from singapore. It is Triple Threat thursday. Good global event create time oil in the market. A new generation of robots hitting the Factory Floor. A Factory Helping Manufacturers prepare for the future. It is a thursday, everyone. Good morning, asia, hello, world. We start off the programme with the us dollar dropping seven week low to what some are calling Triple Threat thursday and it will indeed be a busy day with plenty to make traders edgy. Sacked fbi Directorjames Comey gives a testimony to the Senate Committee and the European Central bank deciding on Interest Rate policy and of the uk is waiting in its general election that will choose a government that will steer it through brexit. What will it mean to the pound and the euro . I asked an expert if these global events are likely to have significant impact. The fact the Trump Administration has managed to get nothing through in its legislative agenda is starting to see this tru
Top the agenda. In newi am betty liu york. It is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. It seems markets are taking it as steady as she goes. You can also argue she came up more hawkish the first day. It was still too early to conclude inflation was well short of that 2 target. We did see bond markets reverse. Betty one thing we did come away from these last two days, is that the fed is watching inflation. It is something they are on high alert about in terms of whether they are going to hike rates again or gradually delay that. I do not know if this was a jab or not, when she was asked a question about Donald Trumps growth target she said 3 growth would be great, but challenging. I want to pull up this chart for our viewers. Much making how America Great again is going to rely on americans. Meaning, them spending at home. Personal consumption, it has always been a big part of the economy. It has only gotten bigger and bigger and the gap has widened betw
Their toll . Unrest at uber. This is daybreak asia. We have to talk about that disappointing data on friday out of the u. S. All eyes will be on the big china data dump in the next couple of hours, including secondquarter gdp. That will be key for asian markets. The cpi and retail Sales Numbers coming in. Where is inflation . The fed is likely to continue to delay raising rates, and you saw the enthusiasm for that in the equities markets. Lets pull up the boards for how we ended on friday, adding on gains, the dow of 84 points come the s p higher by. 5 , the nasdaq adding. 6 . Quickly come inside my bloomberg. The fed delaying rates is great for everyone else except for the havecials, which investors been anticipating a hawkish fed and want to see those margins that,sed, but without another major headwind for the financials. We will see if there will be a rebound. We are starting trading in asia. It looks to be pretty positive and following wall street on friday. New zealand, of. 1 rig
Samsung. The share price doing well. 9432,s chart number judges delivering of verdict in this graph to trial of jay y. Lee. Prosecutors requesting a 12 year sentence. They say they paid bribes to the confidant of the then the south korean president to secure governor support for the merger of affiliates. This has largely been ignored by investors. The kospi up 16 from august. It is an important stock. ,he percentage of total kospi the market cap, 18 s or thereabouts, so does dictate in some sense where the kospi goes. That is what we have at the moment. Haidi absolutely. We will be watching the outcome of that verdict. Has been the teflon market despite geopolitical concerns over north korea, samsung the ultimate teflon start despite concerns ongoing. We are 30 minutes from the open. , not aht, like volumes lot for investors on the macro front. Everything is converging on jackson hole. Lets look at asian markets. Unsurprisingly we are seeing a Holding Pattern ahead of janet yellen and
Badly fitting batteries will be blamed. News fromo breaking the federal Aviation Authority in the u. S. , United Continental holdings requesting a ground stop for domestic flights. It applies to mainland flights. We tried to get hold of the airline, but havent had any calls returned just yet. We will bring you the latest as well. A full ground stop for United Airlines there. Just under half an hour before the trading week is underway in hong kong and shanghai. Chinese lunar holiday. Markets coming on stream. Sophie, a good day. Sophie a good day, but not some earkets in asia as they tak into account what trump had to say on inauguration day. Strength weighing on japanese shares, falling for the first time in four days, exporters weighing on the nikkei 225. Thisba having a good start monday, its biggest intraday gain since december. Media reporting toshiba will raise 500 billion yen to cover its nuclear writedown. Plus, canon is considering investing in toshibas business. 1 , but gold m