Between kishida and wang yi as well as with south koreas yun byungse. The talks follow repeated entries by chinese patrol boats in the East China Sea this month. Japan controls the islands, the government maintains theyre an inherent part of japans territory. China and taiwan claim them. Kishida is expected to launch a protest with wang, the First Chinese foreign minister to visit j japan inn five years. Translator i want to handle pending bilateteral issues in direct b bilateral talks with chinas foreign minister. I want to clearly and directltl convey japans position to the chinese side. But a Chinese Foreign Ministry Spokesperson played down the significance of the proposed oneonone meeting. Translator foreign minister wang yis visit is not related to any bilateral framework with japan. During the trilateral meeting, they aree expected to discuss the Ballistic Missile launches of north korea and concluded a Foreign Trade agreement. Yoshihide suga says he hopes for a successful summi
Policymakersold that you can follow me on twitter. Dont forget to include trendingbusiness. I divided Federal Reserve unshaved, but signaling a rate likely before the end of the year. Straighte feds sixth hold in the biggest sign yet. Three out of 12 or four a quarter present policy increase. Janet yellen downplayed the differences in opinions. We are trying to understand some difficult issues. There is less disagreement among participants in the committees then you might think of to speeches and commentary. A nice rally shaping up, chinese and hong kong underway in 30 minutes. Singapore, taiwan, and malaysia coming online. Lets have a look at how things are shaping up this morning. Sherri positive sentiment filtering through the markets. Stocks, excluding japan, rowling for six consecutive sessions. Given how surprising Global Equities have surged after the fed delayed rate hikes. The kospi up more than 1 . The sx gaining. 8 for a third consecutive session. Despiteand gaining. 5 the f
I sure do too. Look, it is crazy to say on balance Lower Oil Price is bad for american markets. It is great news for american markets. It is one of the reasons for the last six months the stock market has been on a tear. It makes everything we produce in the United States other than oil and gas you know, much cheaper and much more affordable for people. This is a good news story. It is obviously bad for oil and gas producers. But when you look at the stock market over the longer term, this is a positive story because lets just take for example, manufacturers. It means that the cost of manufacturing things in the United States is much cheaper when you, when you put that in combination with the, with the dollar that is so strong right now. I just see this as a good news story. And youre right, everyone penny decline in the gasoline price, gerri, is a billion dollars more money in the pockets of businesses and consumers. Gerri and that is an astonishing detail i have to say. That really t
A Health Care Bill had an impact. So now republicans are putting all their effort into passing major tax legislation before the mird terms to prove the Party Controls can make good on Major Campaign promises. This as they are detailing house plans, House Republicans finalizing theirs. Here was House Speaker paul ryan. We are doing this the right way. Regular order way. Takes time but trust me we are going to get this over the finish line. Well get this over the finish line because we need to get this done for american families. We need to get this done for people helped by simpler, fairer taxes. And today we are taking one big step closer to fulfilling that goal. Lets go straight to capitol hill to cnn National Politics reporter mj lee. We have some of the details coming out of the senate side. Talk to me through some of these details, including the fact that they are still discussing repealing the individual mandate. Reporter yeah, thats right. Brooke, there is a lot of agreement amon