Billionaires index. Raise 30 5ting to billion in hong kong and shanghai. Aviation in australia. Alice springs emerges as the ideal place to store passenger planes left idle by the coronavirus. Shery. Shery breaking news out of south korea. We are getting the preliminary thirdquarter gdp numbers and we are seeing the quarter on quarter the economy has grown 1. 9 , which is beating expectations of 1. 3 and this is also coming after its first recession since 2003. We saw a contraction of more than 3 in the previous Second Quarter. Youre on your, still a contraction of 1. 3 but its a much smaller contraction than was expected and it is also a contraction that has eased from the previous quarter. We have seen growth and strength when it comes to south koreas exports and manufacturing industries. Thirdquarter manufacturing actually growing 7. 6 quarter on quarter when you look at the details in the gdp numbers. We have seen the rebound in china. South koreas biggest trading partner helping i
That is a quarter of global infections with california seeing its biggest daily jump yet. When we look at chinas new security law for hong kong and protesters are already changing strategies to steer clear of arrest. First, lets get you a quick check up on how markets are starting this morning. Here is Sophie Kamaruddin in hong kong. Sophie asian stocks are gearing up for modest gains. We are seeing s p eminis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another Energy Company leading the climbs on rio tinto deciding to Halt Operations in new zealand. The hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. Switching off the board to the terminal chart. We are watching to see if the the best sinceng september 2019. We are keeping an eye to see of chinas market value can top 10 million after pushing beyond nine for the First Time
Epicenter of the outbreak in the united states. Jobless and hungry the Pandemic Forces thousands in bangladesh to leave the capital and head back to their villages. And sport the house and the 2023 womens world cup will be announced later on thursday colombia goes against a joint Australia New Zealand bed as they all lied to stage the competition the 1st time. We begin with new developments in the global Aviation Industrys efforts to survive curing the coronavirus pandemic more than 40 Major Airlines have been forced to ground their entire fleets many have suspended more than 90 percent of their flights australias biggest carrier quantas today announcing 6000. We cut in a bid to lower costs as it fights to stay in operation germanys lufthansa the 2nd largest in europe has signed a deal to secure a 10000000000. 00 government rescue package but in the u. S. Where air travel demand has picked up a little since april the number of people passing through airports is still down by more than
U. S. Break. Also this hour no longer fair just lovely a popular skin lightning cream is renamed after a backlash in the wake of the black lives matter protests. And in sports the house of the 2023 womens world cup will be announced later on thursday and joint Australia New Zealand bed goes up against colombia as they all drive to stage the competition for the 1st time. We begin with new developments in the global Aviation Industrys efforts to survive during the coronavirus pandemic more than 40 Major Airlines have been forced to ground their entire fleets many have suspended over 90 percent of their flights australias Largest Airline quantas today announced 6000. 00 jobs are to be cut in the pit to lower costs as it fights to stay in operation across in the u. S. Air travel is still down more than 92 percent as compared to last year even though some flights have resumed since april in germany tons of the 2nd Largest Airline in europe has signed a deal to secure a 10000000000. 00 gover
And head back to their villages. We begin with new developments in the global Aviation Industrys efforts to survive curing the pandemic more than 40 Major Airlines have been forced to ground their entire fleet many have suspended over 90 percent of their flights australias Largest Airline quantas has today announced 6000. 00 jobs are to be cut in a bid to lower costs as it fights to stay in operation across in the us air travel is still down more than 92 percent as compared to this time last year even though some flights have resumed since april germanys love turn sir the 2nd biggest in europe has signed a deal to secure a 10000000000. 00 government rescue package dominic cain has more now from berlin. Remember that this deal needs still to be approved by the shareholders of loved ones and the devils in the detail that because in order for the shareholders to approve this deal they have in effect to accept the dilution of the power of the shares that they own and that has proved to be