Legislation, equivalent to 4 of gdp. Set to pricesis mammoth ipo at the top of the range and should raise more than 25 billion. We get you started with breaking news out of south korea. We have the current account surplus coming in at 7. 8 billion dollars. This would be the surplus widening from the previous month of september. Also the previous month was revised higher to 7. 7 billion. Andgoods trade surplus narrowing a little bit us the number coming in at 7. 8 billion, also down from the previous month of 8. 8 billion. Despite the fact we have a current account surplus widening this time around, we have not seen the south korean economy under pressure. Novemberports for both and october contracting more than 14 , but we also had imports plunging, doubledigit digit declines for imports in. He past two months haidi weve got breaking news when it comes to this part of the world as well. We were expecting announcements from the argument terms of how much the big tanks will have to hold
Investors are not so sure. A Virtual Reality platform picked up for oculus. We are live in san francisco. Lets get to sophie forecheck on markets. Sophie aussie shares are unchanged after a threeday gain. Kiwi shares building on gains after topping 11,000 on tuesday. Nikkei and cost be futures kospi are lower. Slide despite the enthusiasm we saw for alibaba shares, which closed about its issuance price. Lets check on housing bonds, which are gaining ground after the rba governor the move tracking treasuries. Aussie yields falling 35 basis points across the curve. The three years left below the rba cash rate. A bond rally expected to push the 10 year to 50 basis points with unconventional easing expected in the second half as the australian economy slows. The kiwi holding its threeday gain. This morning, we heard from the rb governor. Mentioned rbnzso is working with westpac after the findings in australia. Paul thanks very much. Lets check in with first word news. Chinaly indicators sh
In a new report into the it meltdown which left nearly 2 Million People without online services. Coming up on afternoon live, all the sport with ben croucher. A big night coming up for wales as they bid to qualify for the european championships. They know victory in cardiff over hungary tonight will see them into next years tournament automatically, hoping their big guns like gareth bale and aaron ramsey will be fit. Good afternoon, it was a cold and frosty start for many this morning, slowly they will be a milder air coming in from the south west with the chance of rain, and late in the programme we have a look at how wet it has been so far this month. Good afternoon, welcome to Southampton Solent University where we are coming from during today on bbc news. Boris johnson and Jeremy Corbyn will go head to head in theirfirst general election tv debate tonight. The liberal democrats and snp wont be taking part in the show on itv, after they lost a last minute legal bid to be included. T
President trump urged his former secretary of state to help the clients of lawyer rudy giuliani. Syria. Of airstrikes in u. S. Senators lead the growing criticism threatening sanctions in response. Shery lets get you started with a quick check of markets appeared u. S. Futures being pressured right now, down 1. 2 after that South China Morning Post report that there was no progress made between deputy level talks between the u. S. And china. We have seen stocks pair back some of those earlier gains in the regular session in the afternoon as we have gotten another report saying that china is trying to play down expectations of progress. The s p 500 managed to end the session higher after two sessions of losses, gained. 9 . We have cap and Energy Leading the gains tech and Energy Leading the gains. Members showing a little bit more worry and concern over the growing gap between Market Expectations on easing and their own projections. To the u. S. Turning cpi numbers out tomorrow. Lets se
Warning. So theres a high fire danger for all of the state. So were seeing quite a few fires burning as a new red flag warning goes up for the north bay starting at 8 00 this morning for the east bay and the Santa Cruz Mountains well see that red flag warning and the high fire danger beginning at 1 00 today. Well have gusty wins that could pick up over 50 Miles Per Hour, especially in the higher elevations, so ill have a look at our timeline of the wind forecast coming up in a couple of minutes. Mike, lots of folks are heading out of oakland. Right. Whether or not they live there, their traveling out of oakland across the bay bridge. The backup is forming for the cash lanes and fastrak. For tuesday this may be lighter than we typically see. Weve seen that, we typically see that, now its a pattern over here when we have the outages and the fire safety going on and the power safety shutoffs. Were watching for the traffic flow. Right now a minor crash. Highway 4 at willow pass road. Anywh