Over the weekend. We are inching closer to that alltime high when it comes to laterchina that was set september. Of focus. Was one those are the biggest movers here today and in particular, they may be looking at that emergency in tokyo and some of the surrounding areas as well as hokkaido. Those are holding amid some of and we are tensions watching currencies as well. We are obviously watching dollar china and dollaryen. You are seeing some of these china proxies following the ram be lower. Forward markete with plenty of action. Citigroup saying we are not bullish. Someg that there should be caution on these simmering tensions. Ringgit inthe particular are ones we should be focusing on. Be closed later on. End ofsed as we mark the the ramadan festival. Asiahief north correspondent is watching development for us. Where does hong kong stand . Questionsa lot more to the power play by beijing invoke its own security laws, basically being rubberstamped, to impose that on hong kong, bypassi
Down three basis points. We have not hit below 2 since april of 2015. Thats the dollar index strength. Brent is a little weaker by. 3 . 64 crude. Im looking at brent and going what happened . Headlines from outside the business world. Heres taylor riggs. President trump is calling the north korea to make a deal on its missile and Nuclear Weapons program. The president met with south koreas president. He said the u. S. Is ready to use its full range of military capabilities if needed but he said it makes sense for north korea to come to the bargaining table. U. S. On capitol hill House Committee has voted to limit the socalled carried interest tax break often used by private equity and hedge Fund Managers. The new limit would triple the amount of time assets would have to be held to qualify for the Capital Gains rate of 24 . The houses spending four days this week making changes to the republican tax bill. In saudi arabia the anticorruption crackdown is expanding. Banks are being asked
On trial. 21 of the 29 defendants in the Corruption Case were in court today. It will be back on friday. For another hearing. many of the defendants in the script and its this charges including drugs still in good and Money Laundering but charges involving the sale of weapons has added a whole new dimension of the case. According to Court Documents as jackson who connected ye with the undercover agent who was looking to buy weapons. The hearing newt city to an International Arms deal that could get an undercover agent what he wanted the aged had asked for fire missiles cheered and automatic weapons three days and also led to meet the arms deal. But the meeting never happened. Said Court Documents said he enter introduced into dr. Wilson and glenn daily city dentist allegedly could get weapons from sources in the philippines. Dr. Lemmas won the 29 defendants indicted this Corruption Case. it is going at saigon. Dense and out of the park for holder opener today stands are pumped up now f