For a september quarter. There are also concerns about the ant ipo fallout. And america awaits the outcome of the president ial election, seven states now holding the keys to the white house. Wisconsin heads to a recount and others face challenges in court. Foropen here in sydney friday trading in asian markets, we have seen an eerie calm and trading across equity markets, and globally, on expectations that policy gridlock will me know extreme measures when it comes to the tax front being taken and more status quote when it comes to the visible markets. We are up. 2 when it comes to sydney, the in aussie dollar and commoditieslinked currencies it particularly well. We have the u. S. Dollar fall to its lowest in two years. The nikkei 225, we expect weakness going into the open but we have japanese stocks trading in the green every day of the week. Also watching the yen, but interestingly, as an election respirometer, we continue to watch price action in china as well as volatility in ch
Help battle the pandemic. For bothhe death toll italy and france reaches the highest level since april. Setting a precedent. Joe biden confirms support for the good friday agreement in his first call with Boris Johnson. His transition presses on, despite President Trump contesting the election. Welcome to the show. 6 00 a. M. In london. Breaking news in amsterdam. Ceo remainsing, the cautious on the outlook as we go through those covid numbers. 270 million. We are looking at an outcome of a strategy review. We will get that on november 30. Good morning. Good to see mr. Biden committed to something that i grew up with, the good friday agreement. Annmarie certainly is. We are still waiting for President Donald Trump to accept those results, manus. A slew of legal issues going on in the United States. Breaking m row abv amro breaking. You are excited today about what is going on in china tech. Almost 260 billion of market value over two days in a frantic of a frantic selloff wiped out. Ma
Comments since saturdays Election Results poured in were live with a preview. And call it the holiday insurance policy that whole foods says home cooks just cant be without this thanksgiving it is wednesday, november 1 1t, you are watching Worldwide Exchange here on cnbc welcome from wherever in the world that you may be watching test veterans day. Bond market is closed. And the late jimi hendrix was a paratrooper. Happy veterans day and here is how your money is setting up the day futures are higher and across the board. And yes, that includes the nasdaq now, yesterday certainly more muted than mondays vaccine fueled rally, but still a good day for most nontechnology stocks the dow up now six of the past seven sessions and if you are counting at home, i know you are, we need to get above 29,551 on the dow. Just about 131 points from here. Big tech still starting to look like a big problem lately. The nasdaq done ovwn over 1 at. Zoom done. And individual wvideo game makee could you sig
The palestinians pay respects to their chief negotiator cybernetic out as he is laid to rest. And joining with the sports they head of english football, resigns out to using a racist slur. And there are calls for more diverse representation in top levels of the game. So it was out in this hour in hong kong where more than a dozen lawmakers resigned in solidarity after the territories government disqualified 4 of their opposition. Politician, colleagues. Yet there we go. So china is Legislature Passed a patriotism resolution, which allows the removal of lawmakers who were to challenge beijings rule. Hong kongs democracy says it amounts to the end of the one country 2 systems principle, which has been in place since 1907, when hong kong was handed back to china from the united kingdom, with a decision made by the Central Government in the state. That all this time, those are all tolerant will be taken away and all the problems we will be settled by steve. Good to make 2nd tier of cost to
Hello and welcome to the show. Im Stephen Beardsley in berlin. Its good to have you with us. The shares of alibaba and 10 cent fell sharply on wednesday. Hit by concerns of a new anti trust legislation by the chinese government. Beijing has published a 1st draft of the monopolistic rules aimed at the countrys tech giants. Well, they are not accused of any wrongdoing. Investors fear that new rules could impact their growth in the future. Alibaba shares were down more than 8 percent on the day. That on the same date announced record turnover from its singles day sales promotion. Beijings actions come on the heels of growing regulatory action elsewhere against tech. The u. S. Justice department suing google for antitrust violations last month and European Commission filing antitrust charges against amazon. On monday. Lets go now to our financial correspondent in frankfurt, chelsey de laney. I do not believe that is jealousy. Maybe we can get chelsea up. Theres jealousy. Good morning, josi