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This is bloomberg daybreak europe and we have a more positive picture coming through on the asian equities session. We are focused on what is happening in brussels. Lets get to some of those stories. They are moving markets. , this is good news. A broad base rally coming through in japan, and hong kong is where we are getting strength coming through after it was all the u. S. Stock market do nicely. S p gaining for the first gain in a week. Onto a story in brussels. We have seen theresa may arrive and it seems brexit will be done in brussels. David davis is with her and she is going to be meeting with barnier. Could we get a deal is our . We are looking forward to the press conference and another speech at 6 58 london time. We have bitcoin down by. 43 . By any other asset standard, that would seem like a big move. 16,000 up to 20000 and back down again, but still of 16 fold. Manus everybody is sharing their voice in terms of what is next. Billionaires were born and americans are gettin ....
The countrys military. The economy is a huge source of unrest in zimbabwe. Its currency was scrapped in 2009 after hyperinflation reached several billion percent and replaced with foreign currencies. Today its mostly the us dollar. But that hasnt helped ordinary people. Zimba bwes official inflation rate was 2. 24 in october. But some analysts who track the cost of consumer goods in zimbabwe think theyre rising at over 65 a year. Thats because of a shortage of dollars needed to pay for imported goods. In fact, one economist, steve hanke from john hopkins university, thinks the situation is far worse. He recently wrote in Forbes Magazine that the actual inflation rate is almost 2a3 . Hes warning that hyperinflation is returning to the country. He and other economists put the blame on Robert Mugabes economic policies. The economy is by weight has been in a prolonged state of p ....
Means a fed hike moving to the back burner. We have the numbers from the latest Hong Kong Survey and discuss the implications of tokyos election results. A terrible outcome for the Prime Minister. Tensions in north asia as north korea continues to worry leaders around the world. We will get an update from beijing on the latest. This is Bloomberg Markets asia. I am betty liu here in new york. It is just after 7 00 a. M. In hong kong. Busy monday in asia with president xi jinping delivering that 20th Anniversary Gift hong kong, right . The bond connects set to launch this morning. We are expecting a ceremony at 9 00 in hong kong. Also, japan as well, a major setback for Prime Minister shinzo of days party ....
All the Tools the PBOC Has to Support China's Property Sector bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
State bank National Investment Bank must be done away with, Imani Africa president Franklin Cudjoe has said.
“That bank must just be killed”, he posted on social media following a recent announcement by Finance Minister Mohammed Amin Adam that the government has approved the infusion of some GH¢2.3 billion into the bank.
The money is to recapitalise and restructure NIB, with the. ....