Stay updated with breaking news from Asian oil. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
That is the one thing people will want to know on monday morning first thing. The Dollar Strengthening against the yen after the fed official added to the course of policymakers signaling they will keep raising Interest Rates. This is a picture for european markets. They are gaining some 0. 3 . Another currency pairing is new Zealand Dollar slipping some 1 . The kiwi dropping 1. 7 last week after the central bank said on february 9 that it plans to keep arming costs at a record low. We have charles dallara. I want to show you the banks, gaining some 0. 7 . Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra kraft heinz has pulled its bid for unilever two days after the approach became public. The company cited the targets reluctance to engage in talks. The decision came after 3g capital and berk ....
To attack the debt market lifts the veil on the opec society. We will see what the prospectus reveals. It is 8 a. M. A gloss the emirates it is 8 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. The one thing we are watching closely, especially after the cpi inflation data coming in better than expected in the u. S. Is what we are doing in asia and it is following u. S. Markets. Let me bring you to the bloomberg terminal. We pulled up a chart where it is about the fx action today. Youee the correlation can see the direct correlation between the u. S. Dollar strength and weakness the based on mounting debts and the fed hike. That is lifting that greenback. We are seeing that pair off a little bit today. It is all about the fed here. Not only does it drive us in asia, also in your neck of the woods, yousef. Yousef it has been a remarkable rebound for the british pound. I am looking at the global movers. Thi ....
It is countdown. Anna lets get to caroline hyde. She has the details for the creditagricole numbers. Caroline this company has desperately been trying to restructure itself. O in place. New ce in large part, a majority is owned by regional banks. It does own stakes in regional banks itself. They have agreed to sell back these stakes and regional banks. They will finance at themselves and lend money to those regional banks to the tune of 11 billion euros. They are trying to give all caps dividends back to their investor base. The take away here is they are threeg back stakes for regional banks. They will be boosting their capital and your one ratio to ratio and their teir one to 11 . They are coming in 800 Million Euros better than what was expected. Their profit is at 1 5 of where it was last year. They are promising all Cash Dividends as soon as 2016 and they are raising their ....
Here. Well discuss it with mr. Hays in terms of the decisions they made and what ive heard, of course, is how serious those conversations were. Last april and may, when they began. When they were revisited from the honeywell side in september, when they sent utx a letter. Most recently last week when they made a new proposal at 108 a share, 40 ownership of the combined company, 42 a share in cash. 22 premium to the then stock price. So, a lot to talk to mr. Hayes about. Not to mention my man here, mr. Cramer, always has questions when it comes to the fundamentals of the company. Sure. You get this combination going. Its hard not to say, look, we can finally deal with boeing and airbus. On a level playing field. The partners for Success Program that boeing has had has crushed a lot of these companies. You put these two together, they could have muscle against boeing. Like that. Utx doesnt seem to be it is a combination that would ....
Also showing the rising stress levels as chinas big banks. No more mr. Nice guy, china no longer wants to portray the president as a populist hero. They will drop the nickname xi dada. You can follow me on twitter. Underway in 30 minutes time in hong kong. Shanghai getting going, as well. No trading in japan today. When it comes to equities, here is heidi. Japanese we are seeing continuing to take a beating. Down. Is is how japan is continuing to come under upside pressure. This is how we are looking at in terms of the markets that have just joined the trading day. Another down day. Similar losses when it comes to markets in kuala lumpur. Quarter gdp numbers missing the contraction of the 10th 7 , worse than expected. Of 1 , worse than expected. Kiwi markets up. Cindy flattening out. Ney flattening out. Search in crude prices overnight. Inventory continues to evolve. Upsaw asian currencies alongside that enormous surge in the yen yesterday. The new taiwan dollar reacting to that number ....