Heaven tell me to get in wednesday passionate words from kobe bryants widow at a memorial for the basketball legend and her daughter giana killed in a Helicopter Crash along with 7 others last month. Welcome to the program the World Health Organization says its deeply concerned by the sudden increase in corona virus cases outside of china 3 main clusters of infections are growing in the middle east europe and asia iran has confirmed 12 deaths there and has denied reports that the toll could be much higher kuwait is also among several countries in the region reporting their 1st infections Kuwait Civil Aviation Authority says its temporarily barring flights from dubai in sharjah as a protective measure Kuwait National Day Celebrations scheduled for tuesday have now been cancelled. In europe meanwhile 7 people have now died in northern italy which has more than 220 cases the highest concentration outside of asia and the u. S. And south korea say theyre considering scaling back joint milit
Was an 84yearold woman. She didnt have any preexisting conditions. During the news conference, a Health Ministry official was asked whether keeping elderly passengers on the cruise ship increased their risk of getting infected. Heres what he had to say. Translator we believe we handled thehe situationon appropriately. We transferred the two passengers too hospitals as soo as w we learned they hahad a fe. That was before we even had their test resesults. The death toll of people infected with the virus in japan now stands at three. Hundreds of passengers left the cruise ship on thursday, after testing negative for the virus. Im still worried about getting infected, so i will continue wearing a mask and using help. I got information from email and talking to my kids but i cannot get any updates from the japanese government. More than a thousand people now remain on board. Many of woman are crew members. The ship is the largest hot spot forr Coronavirus Infections outside china. 621 peopl
But the e. U. May challenges deal with china. Up ad Morgan Stanley wraps big earnings week for u. S. Banks , with a beat. We are live from the Morgan Stanley global Alpha Investment conference in hong kong. Us trillion markets just open for trade. Sophie. Sophie asx us trillion marketst open for 600 the top smock the top stock market so far this year. Broadly speaking, asian futures are pointing higher and regional stocks are headed to a seventh weekly gain. We will see if the u. S. Tech rally feeds into asia, given bullish guidance. We did have alphabet joining the 1 trillion market cap club. Fed expected to stand pat on rates. Looking ahead to the chinese gdp report, futures in singapore closing higher after a three day drop was posted and the offshore yuan is headed for an eighth weekly rise. Thea top forecaster says yuan will in the year is one of asias worstperforming currencies. Shery lets go to first word news with jessica summers. Jessica the Senate Begins the formal impeachmen
They will make a goal in iraq for all u. S. Troops to leave the country. Kathleen president troop President Trump warning of u. S. Strikes if u. S. Troops are hit. The Market Reaction around the world, starting with australia which is open. What are you seeing . ,ophie the s p fell the most sydney futures are the very slightly up. The dollar is under pressure. The aussie dollar being weighed against falling against the yen which remains on the front foot, trading at the strongest double since october, 107. 78. Japanese stocks are set for losses. Tokyo markets back after a long break with pmi do from japan. Resumee treasury to trade in tokyo online. Caution as we return, looking at aussie bonds, the yield curve flattening with the 10year falling five basis points in australia and risk aversion took its toll on middle eastern markets. Lets look at that damage report. All major benchmarks tumbling. Aramco settled at the lowest closing parts price since listing. Oil prices, seeing brent an
Orecast indonesia decides later thursday while the boj starts a meeting. A straily markets have just open. Sophie, what are you seeing . Markets have just opened. Saw steepening for u. S. Bonds, pushing the u. S. 10year yield to a fiveweek high, and the kiwi dollar off about. 1 , reversing the earlier spike we saw on the back of new zealand hosting a faster than forecast gdp report on a quarterly basis, which may provide relief to the rbc. Nikkei Futures Holding steady. Were expecting a mixed session in asia as we have plenty of Rate Decisions on tap from indonesia, taiwan, hong kong, along with the boj meeting under japanese as we see stocks perhaps getting a little more love from investors, but not to be loved just yet. Investor view on japan is improving slightly with net 6 of global investors. Paul thanks for that. Lets check in on the first word news now with ritika gupta. Proposed budget for the next fiscal year will approach the equivalent of 1 trillion for a second straight yea