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225 down. i will have more on the market movers shortly. fears are starting to send investors looking for assets overseas. we will get to that story in a few moments. i want to tell you about the killing of 50 people in a gay .ightclub in orlando it has opened another debate about guns and the united states. president obama says the massacre was an attack on all attack of an terrorism as well. we have yvonne man following the story. what are we learning about the killer? the gunmen was omar mateen, a 29-year-old u.s. citizen, born in new york. he did live in florida. those who knew him say he was a bodybuilder, religious person who at one point thought about joining the police. callbi says he made a 911 before the attack on the pulse nightclub. he allegedly made comments to coworkers about links to terrorist groups. the following year, he was again investigated but nothing incriminating was found. he worked as a security guard since 2007 and despite official suspicion ....
terrorists from buying guns. global news 24 hours a day, powered by more than 2600 journalists and analysts in more i am markountries. crumpton. this is bloomberg. bloomberg west is next. cory: i m cory johnson, in for emily chang. this is bloomberg west. aftertors investing tela a feature causes a fatal crash. first kim kardashian, now gordon ramsay. mobileret to celebrity games defense. in san francisco the red-hot real estate market may be cooling. deflating rents in what was the hottest real estate market in the country. tesla shares dropping on the news that a model s was involved in a fatal crash. the highway safety administration opening a preliminary investigation after a tesla apparently led to a fatal collision may 7, 2015. for more on this, let s bring in tim higgins from washington. what happened? tim: tesla saying a tractor-trailer was crossing a divide highway and when it was perpendicular, the tesla hit it. one of the key things tesla is saying is t ....
economy stuck on hold, inflation sliding, unemployment unchanged, but a slight uptick when it comes to business sentiment. willsia airlines new ceo step up in the middle of a restructuring after the twin disasters of 2014. do let us know what you think of our top stories. follow me on twitter at that hashtagse #trendingbusiness. let s get straight over to steve for the latest. we are having a continuation shaped recovery in china. 50.0 is the line between ,xpansion and contraction optimism and pessimism. it is still on the borderline. month,50.1 the previous so a tenuous recovery at best. services outperforming expectations, nonmanufacturing pmi at 53.7. the previous month was 53.1. 53.7 is a robust number for it has been the strength of this economy. banking, telecoms, new technology, while the older economy, coal and steel production, traditionally manufacturing, they have been struggling. with this recovery, we have seen the sub indices show some weakness, especially ....
anna: a very warm welcome to countdown. i am anna edwards. it is just past 6:00 in the morning on this friday morning. let s talk about what has been happening with sterling. we heard from mark carney at the bank of england in the latter part of the trading day yesterday, and we can see the effect that had on the pound, not the one highlighted in red. yes, in fact, the one highlighted in red. there was little bit more stability coming through in the pound in the wake of the big falls we saw last friday. in the wake of that, we ve seen a little bit of a recovery or stability in the pound, and that took another leg down as we heard mark carney speak. saying, brexitr may prompt summer policy easing. let s check out the msci asia-pacific, a decent session the last couple sessions in asia, and today, up by about 0.5%. is this based around for bets, more stimulus coming through from the central bank? we will discuss that. we ve got silver in here, and that is up strongly, u ....
sailing into stormy waters. more territorial tension between hanoi and beijing as china launches naval drills. sovereignty their is being violated. you can follow me on twitter. don t forget to include the hashtag trending business. china and hong kong markets get underway in 30 minutes time. singapore, taiwan, and my later have come online. let s go to david. david: we are looking at declines in the early hours of asian trade. it is hard to not figure out what the next catalyst will be that drives equity to the upside. volume is dry. the u.s. was closed overnight. the jobs data is coming out. equity markets, which have enjoyed a five-day run are having a bit of a blowback right now. the rba trade numbers and retail sales are due out in 30 minute time. asia looks like this. down .33%. these are the mining stocks. going the opposite way for obvious reading is obvious reasons. have a look at silver. have a look at gold. platinum also. silver touch $21 yesterday and th ....