Years. Black monday, black friday as well. S p climb in the 1980s versus 2010 is at the start of this show. This shows you what happened. This is the turkey days turquoise line. It rocked up over 200 in seven years on wall street. When things decline on wall street, you tend to remember. When things decline a lot, you remember the date. Day stockt Single Market collapse in history. A 23 drop. Usage had also redefined the landscape for market professionals. Black monday as it became known. Part of the financial historys financial record. It is the divide between old and new markets. Significantirst event of computerdriven trading running amok. Singapore, taiwan, malaysia, charting their trading day. No market jitters to be had as we mull on that black monday that we had. We have asian stocks rising. Currency markets are looking mixed as the dollar is keeping steady. We have the nikkei 225 on an 11 day run. The cost is taking on. Aussie shares are higher for the fifth straight session. Y
About what we saw in the u. S. Delegating, treasuries falling. The latest of elements in showingon seem to be optimism on the markets. Rebounding after the selloff we saw yesterday. We are looking at gold heading for its fifth weekly drop. Save havens seem to be losing favor with investors today. Those are your markets. We have a great guest lineup today. And others join us. As theresa may negotiates in brussels, opposition labor gives us his take on brexit. Lets get to the bloomberg worst the us get to the bloomberg first word news. Sebastian Angela Merkel has called on the you to shift their stance so a Brexit Agreement can be reached by the end of the year. Theresa may signaled she is willing to offer more on the divorce bill. May urged leaders to help her find a deal so she can sell them to sell it to skeptics at home. In spain, both sides of the standoff over catalina are often the ante. Standoff over catalonia are upping the ante. Catalan could declare independence within days. I
And im not talking hairstyles. Donald trump will present his tax plan today. Big cuts are expected. Will it make multinationals bring their huge foreign cash piles back to the us . And ahead of south koreas election, we hear from Whistle Blowers On The Culture Of Corruption which brought down that countrys president. Welcome to World Business report. Im aaron heslehurst. If you have about eight minutes, i promised to give you a fascinating snapshot of the world of business and money. Lets start in the us. Shaking up the tax system has been a major theme of the trump administration. Today hes promising what he describes as A Big Announcement on his planned reforms. In fact mr trump has already said hes planning what hes called maybe the biggest tax cut weve ever had. Take a look at this. During the campaign he talked about cutting the top individual tax rate from 36. 9 to 25 . In terms of business, he wants to cut the Corporate Tax rate from 35 to 15 . Mr trump has also proposed chargin
Supports isil. Rescuers are under way in a landslide where 100 people are missing. In Central Kenya where for people the best way to get to a health center, but at times the ride can be rough. We start in afghanistan where 20 people have been killed and dozen dozens of others have been injure in kabul an Army Personnel have withi been killed, others have been wounded in multiple attacks across the country. Lets go to kabul where Jennifer Glasse joins us from there. What more can you tell us about these recent attacks. Reporter a deadly 24 hours here in afghanistan. The latest attack just before the sunset here during afghanistans kabul very busy rush hour. The police say it was a suicidebomber on foot that attacked that bus, setting it aplay ablaze. Seven afghan personnel were killed, 18 people wounded including civilians walking by on the busy kabul streets. Its the Second Attack this morning. A Senior Member of Afghanistans Supreme Court was killed on his way to work and as you menti
The trading day here in the United States today and the gains we got, theyre not exactly anything to write home about, but its a welcome reprieve from the run of triple digit losses that weve been suffering through. Its a cycle. So last night asia was still responding to what we did yesterday. Now were beginning a new cycle today. At least thats how it looks right now because take a look across markets. The Dow Jones Industrial average adding 85 points, about a half a percent. Interesting to see the s p up about 15 points to 1757, and the nasdaq back above 4,000 after closing below that level yesterday. Its now up 42 points, 4039, adding 1 today. And, you know, bill, you have to say, if you look at whats happening with, folk, the tenyear Interest Rate, some headwinds weve seen in currency, not a bad way to kick off this session. Lets talk about it as we go toward the close of trading on this tuesday. Is the worst over or are todays green arrows just a speed bump before we continue the