Stay updated with breaking news from Cambodia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
breaking news from south korea, industrial production falling 1.3% in april it estimates were for 0.3%. industrial productions down 2.8% for the year. more than expected following the 1.5 percent in april. we will see how that impacts markets at the open. let s check in on the asia-pacific markets. to new zealand we go, climbing 1/5 of 1% higher. 66 u.s. cents. u.s. stocks were close on monday for memorial day. we are also counted on to the opening in other asia-pacific countries. australia futures pointing to a flat the australian dollar is at $.71 u.s. japan pointing to a lower open this morning as we see a slightly stronger yen in play. jobless figures are due out later this hour. continues to be dominated by the prospect of the u.s. interest rate hike, which could come as soon as june. emerging-market currencies on track for the worst month since august. gold falling for the ninth straight day, longest losing run in one year. we will have a market moving him, today, ....
we are streaming on your mobile and bloomberg.com. there has been economic data coming out of japan in the last 30 minutes. we have had rosalynn taking a look. one key surprise, industrial output beat expectations. not a huget was up amount, but still better than the forecast which was for it to fall i 1.5%. by 1.5%. this came as a surprise because economists have seen april is a week month for weak month for output. this was seen as perhaps a factor that could have affected just your production. it looks like he did not affected as much as some thought it would. there was also some flash manufacturing pmi from may that came out last week that pointed to a weak performance. are from the data today that the picture does not look as bad as expected, at least for industrial. angie: also job figures. showedd: jobless figures up limit was 3.2%, in line with excitations. expectations. also that is no change from march. the job to applicant ratio previously, and now it i ....
cents. data of course. this was down to the building approvals which unexpectedly rose month-to-month. we can reverse some of the losses toward midmorning. we are back above the 111 handle here for the dollar yen. at 658.eeing cny it is flat of a young to look at this with them the context of yesterday. that being said, have a look at japan. we are now up half a percent. gaining a bit of traction over the last 30 minutes. rishaad: paul allen has the details of this deal. i ll, what is going on here? the operator of the fourth largest airline in china is paying 159 million australian dollars for the stake in paying a hefty price for it. $.30 per share. if a 7% premium on what monday closed at. the virgin ceo held a media call a couple hours ago. here s some of what he had to say. this is an alliance deal which has equity. and we can get back to that. h in a has committed to supporting to whatever the outcome of the capital structure review is. some of the other sha ....
india relaxes rules to attract foreign investment. the change that is proof that they could spur growth. follow me on twitter. that is my handle. china and hong kong markets getting underway in 30 minutes or so. markets in malaysia are just about online. let s get a pulse of the action and find out who was wearing which hat. david: it is hard to gauge what it is at the moment. we are talking about 2.5% on thursday. with two to three days to go until the referendum, we are entering the championship round. there is a lot more reason to be cautious especially after this rally yesterday. mixed at the moment. in turn, you look at the dollar-yen trading below 1.04 since about midnight local time. about the yen. 225,you look at the nikkei it is well off the lows of the session at the moment. volumes are quite thin which will exacerbate some of the moves we have seen, especially across emerging asia. have a look at dollar-yellen. n. 1.03, the high. what you want to watch is 103 ....
not to protest the democratic convention opens the iraqi of booing at the first mention of hillary clinton. following on twitter. that is my handle @rishaadtv. low pointngapore at a in the taipei on that line. here s a look at what is going on and having a look. seems like the bears at the moment, have to have some. the selling certainly appears to be back. we have the fall of record highs on the s&p 500 during monday s session in most asian markets following that lead, particularly the nikkei with crude trading at a three-month low. malaysia coming online done 1/10 of 1%, singapore up one half of 1%. we had singapore with factory outputs do today. hong kong in the philippines coming through with trade. korea is pretty flat. we have seen a little bit of an expected read on second-quarter gdp coming through, .71 .7 of 1%. the market is doing quite well coming under pressure on that weaker oil price in japan being down because of the yen strengthening. southbank for e ....