That status. The way the us has talked about china, as a challenge to the rules based order, is something China Bristles at and would like to see change. It bristles at and would like to see change bristles at and would like to see chance. U, see change. It comes when we see change. It comes when we see the crisis see change. It comes when we see the crisis in see change. It comes when we see the crisis in the see change. It comes when we see the crisis in the middle see the crisis in the middle east. What impact is that likely to have on relations . Its another wonderful reason for the us and china to stabilise their own bilateral relationship, orat stabilise their own bilateral relationship, or at least to come up with a statement that shows they are managing the relationship responsibly. China has reasons for wanting that, it has economic headwinds, a lot of crises on its borders. The us has reasons too. It dealing with a crisis in europe, the war in ukraine, as well as being heavil
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Mehta or earned headwinds in the us and eu that it said could significantly impact its business. Still, with investors mostly focused on the health of the digital add market, mehta shares rose on the news. Staying with my news coming out of the us, but the trial of sam bingaman freed still in the us where the trial of Sam Bankman Fried will resume in new york on thursday, where mr bankman friend himself will take the stand. The ftx Crypto Exchange founder faces seven criminal counts, including fraud and Money Laundering charges, and has pleaded not guilty. Our north American Business correspondent erin delmore filed this report. We are at the Halfway Point in the trial. Weve heard from the prosecution and now its the defence teams turned to make their case. I spoke to actor and crypto author ben mckenzie and asked him why mr bankman fried would want to testify on his own behalf. Sam is a gambler, you know . Sam has always had a high risk tolerance. So, if there were a defendant to take
Seventh straight session. Dropping triple digits today. For the year the dow is actually down the better part of 3 . S p 500 is still positive for 2015. But its broken a technical level, slipping below the 200day moving average. Twice in the summer it has bounced on that. Will it do that from here . The dollar hit highs not seen since april, but if im looking at the screen to the right of me correctly, it is raised those gains and now in negative territory for the session overall. Despite that, Oil Continues to be under pressure. Prices down about 5 1 2 percent for the week. Oil light sweet crude is just trading above 44 a barrel. If we break that it will be significant. Check out the yields on the benchmark 10year treasury notes. Yields down to 2. 18 . Despite the view that the fed might be hiking on this payroll data in september. Vrm the nasdaq is the biggest loser right now. Kate rogers is following the action. It is not quite as ugly as it was here yesterday. We are less than by t