Off. We are looking at markets this morning, firmer tone. 102 points higher, nasdaq up almost 50 points, all three majors rebound yesterday on trade and currency fears, beijing and washington still in stalemate with china digging in for drawnout fight, pretty good market yesterday, lindsey, your reaction . Yeah, im actually surprised the market is taking everything that we learned through the last couple of days in such good stride, again, today like you said at the top of the show you see the yuan being weakened. Not to the extent we saw sunday night which sent the market into kneejerk reaction. I think what we are seeing the two countries are in it for the long haul and i dont expect us to have any resolution before tend of the year and we go to a point of no return, we go too far and the Economic Impact around the global is really too, too far to come back from. Definitely stoke uncertainty, dagen. Dagen uncertainty that the Federal Reserve cant fix, uncertainty is the greatest enem
You live from bloombergs asia headquarters in hong kong, and streaming right here. Ts check the markets lets check the markets. To new zealand we go. Is pretty trading much flat, into negative territory. We are watching the kiwi right now, 69 u. S. Cents. This ahead of the rbnz decision tomorrow. Zealand interestrate cuts this week are waning. Investors see of 40 chance of government lowering the official cash rate. Coming down to the opens in australia, japan, and korea. Futures in australia pointing to a lower open as well. At 74ssie dollar holding u. S. Cents, this after jumping to ave or week i fourweek high. Numbers are home due out, so we will be keeping watch to that. Lets get to japan. Futures trading in chicago pointing to a higher open, a stronger yen, 107. 29, but we are expecting firstquarter growth takers out of japan later this hour. Analysts are expecting a slight transition upwards. We will have that breaking news when it comes out this hour. But it was the s p 500 inde
Im anna edwards. Were getting numbers coming through from phillips. Fourth quarter revenue came in at 71. 4 billion euros. Broadly in line with what the markets were expecting. Growth of 2 . Of course the focus is on the part of the business that philips is going to keep. They tried to sell to a Chinese Business but the u. S. Stopped them from doing that. Who are they talking about to . What kind of price are they looking for . How has that business performed . What can they tell us about the falling apart of that deal . Their ablingte ability of being able to sell that part of the business and the broader lighting section. Market turbulence and how the china theme is playing out. The numbers surprised everybody overnight. Despite all the turbulence and speculation about china, they raised their guidance. They will earn between six and 640. The earnings per share up by 46 . Their orders for at the mobile business doing better. The Energy Business doing better and of course currencies.
Date of upcoming elections. Hello and welcome to our viewers in the United States and, of course, all around the world. Im rosemary church. Hey, everyone, im errol barnett. We want to begin this hour with the battle against isis. Heavy air strikes are again hitting near the syrian city of raqqah. Thats isis declared headquarters. Coalition aircrafts struck an isis Electronic Warfare garrison there. U. S. Sources say it contained equipment to detect and potentially target american and coalition aircraft. Near asleleppo u. S. Warplane have taken aim once again at the Al Qaeda Linked khorasan group. Iran is flying fighter jets over eastern iraq with the u. S. Military watching very closely. And u. S. Officials tell cnn iraqi forces plan to head north to mosul hoping to push out isis militants that seized the city back in june. Now, thats all ofof the latest information. The syrian city of kobani has been under siege by isis militants for months now. Even as the battle rages on Nick Paton
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