Few smiles and the magic kingdom. Disney suffers a coronavirus hit with seem parks shot, movie theaters closed, and sports on hold. Shery a quick check of the market. This after u. S. Stocks gained ground for a second day in the regular session. We have sentiment being boosted as more economies move towards easing lockdowns. Still, in the last hour of trading, there were some cautionary comments on said officials that cut gains in half. New zealand stock scanning. 8 . This would be a Third Session of gains. Therir rate. Rate. Ir we have the rba leave rates unchanged. We are looking forward to retail Sales Numbers very soon and we will see how all of that toilet paper hoarding that we saw in march is reflected in the numbers. Not Much Movement for the japanese at the moment. Tosident trump continues push the theory that the coronavirus originated and escaped from a lab inside wuhan but sources within the u. S. Intelligence Community Say the intelligence is less than definitive. That as
Top producers consider even deeper output curves. Shinzo abes state of emergency now covers the whole of japan after critics said his initial virus response offered to little, too late too little, too late. Shery breaking news out of south korea. We are getting the jobless rate coming in at 3. 8 . As expected, a rebound from the previous month of february. February was a 3. 3 . In the month of march coming in at 3. 8 . In line with estimates but still a rebound. Of course, we have seen weakness in retail and hospitality, employment, given this coronavirus pandemic. The government has tried to create jobs and that has helped the economy. They of course have already passed a 10 billion extra budget, but we are now seeing the jobless rate climbing to 3. 8 . This as president moon jaein has called for more aggressive measures on job creation. Of course, moons Ruling Democratic Party of korea just won the implementer elections. Take a look at how markets are trading at the moment. We are se
A simple message for all countries tears tears tears and in other news the u. S. Led coalition begins pulling out hundreds of troops from bases in iraq. So were starting in malaysia which has rolled out some of the most extreme restrictions after a big spike in coronavirus cases many linked back to a single events it is closing all its borders and says its own citizens cannot leave the country for at least the next 2 weeks malaysias reported more than 300 cases in just the past 2 days the total there now at over 550 in europe the french president among your micron has declared war on the outbreak and is closing its borders from 1100 hours g. M. T. On tuesday which is about 3 hours away and britain the government under a lot of pressure there to toughen its approach its now asking people to avoid nonessential travel and saying dont go out to pubs and clubs and theosis meanwhile u. S. President donald trump has announced a 15 day plan to fight the virus and is urging no social gatherings
Hold talks about 2020 and footballs european championships could be called off as you wait for me to discuss the impact of coronavirus on the continent. Well the restrictions in many countries around the world are about to get a whole lot more extreme in the coming hours in an effort to stop the spread of coronavirus lets take you around the world malaysia 1st of all which is rolling out some of the most drastic rules at midnight tuesday no one allowed to leave for 2 weeks its borders are being sealed thats led to panic buying in malaysia and over in singapore as well in the middle east irans government has temporarily released 85000. 00 prisoners its also closed off access to religious shrines much to the anger of many worshippers and much of europe going into lockdown there is the french president. Emmanuel micron in less than 60 minutes france seals borders the president saying that france is at war with corona virus so heres the team for this hour. In teheran Natasha Butler in the
As reports come in from norway and sweden. That youre a 2020 has been and were awaiting confirmation from you way. So there are restrictions being imposed in many countries around the world and they are getting a whole lot more extreme this tuesday as the world tries to curb the spread of coronavirus malaysia 1st of all rolling out some of the most drastic rules at midnight tuesday malaysians will not be allowed to leave for 2 weeks the borders being sealed and of course it is led to this sort of panic buying and not just in malaysia as well in singapore next door in iran will have closed off access to keep religious shrines and also releasing temporarily least about 85000. 00 prisoners much of europe is going into lockdown in the past few hours from sealed its borders. Now reporting around 2000 new cases which bring its total number of infections to more than 11000. 00 so developments across the board weve got Natasha Butler in france to catch up with developments there but were start