Slightly but are still topping 100 with 165 cases reported on wednesday. Experti expertings are oespecially concern concerned. Translator the numbers couod be many times from now. That would mean 1200 people. It would increase my 256 fold. The governor is calling on residents to refrain from nonessential travel to other prefecture prefecture. The number of infections continue to rise in other parts of japan. 61 cases were confirmed in the western prefecture of osaka on wednesday. Thats the highest since the nationwide state of emergency was lifted in may. Now, across japan, morore than 22,000 people have tested positive for the coronavirus. Nearly 1,000 people have died. Officials are also closely watching developments in the southern prefecture of okinawa home to several m military u. S. Bases. The okinawa governor met the defense minister in tokyo. He asked the minister to push the u. S. Militaryy to swiftly provide detailed information on the infected people. Translator i hope he w
Some of these well known names here in the u. S. , these are chinese stocks that are listed here on u. S. Exchanges. China mobile, its up just under 1 . Youve got lenovo which, of course, is a chinese company, down half a percent. Alibaba is up one and a third percent. Jd. Com, that stock is also continuing to move slightly higher. As we look at some of these other names, alibaba Still Holding on to gapes of about 1. 5. But lets look at the semiconductors, because one would argue that they are the most exposed to what could have been yet another trade war, but it just doesnt sound like that yet. We have green on the screen. A little bit of a relief rally for intel, up two and a third percent, invidia up two percent. So thats certainly a good sign when you see that those names including other names that are bigger when it comes to, lets say, traderelated, tradesensitive stocks, everything from deere to caterpillar was that the fear was that we would start to see yet another trade war or
Due to the virus making drugs the scats commodity at a time when they need it most. Places to business. The corona Virus Outbreak continues to dominate business headlines around the globe after wall street made gains to correct last weeks slump asian markets followed suit continuing their recovery on tuesday all prices also extended their rebound as policymakers and central bankers indicated that willingness to ease the economic fallout australias reserve bank is the 1st central bank to react slashing Interest Rates to a record low by 25. 00 basis points to 0. 5 percent the outbreak is plunging the World Economy into its worst downturn since the Global Financial crisis more than 10 years ago pressure is growing on the governments and Central Banks to fight back to avoid an even steep a slump investors are now. Waiting for a Conference Call by group of 7 leaders later on tuesday lets go straight to our financial correspondent. Who is in frankfurt for us watching the markets and of cours
Vulnerabilities do you think policymakers at the i. M. F. Are steering national pauli make the policymakers into the i. M. F. To begin with i mean going back to Christine Lagarde i mean they they really dont have an understanding or a clue of even how the Business Model works so i really put very little into what they say and you want to tell you that chinas numbers chinas numbers and ive never been we could never prove that the shine numbers are accurate either so between the 2 of whom i really dont even pay virtually no attention nor do markets as you can see that the market drop near record highs so theyre not listening to what they have has that either because again i lend them no credibility as far as i understand the actual structure and how these markets are working so now it should be obvious to any country thats already been developed that they cannot possibly sustain double digit growth so china in particular has had double digit growth for the past decade and now everybody e
The wrong legal interpretation and that china was a serial offender according to reports so the us just decided to ignore the ruling decision of the day because it didnt like the outcome of the case so now china is requesting authorize ation from the d. S. P. To suspend concessions and related obligations at an annual amount of 2400000000. 00 the u. S. Could challenge the amount of sanctions sought which would send the dispute to arbitration and while all this is happening the u. S. Is working a different angle with to hit china back with the transatlantic fight over the aircraft subsidies at the between the u. S. And europe may allow for the e. U. And us to come together to draft rules for industrial subsidies to take into the w t o as a way to force change in china all it needs now is a final resolution to the air bus boeing fight. The International Monetary funds latest World Economic outlook report has joan greeted china. Growth forecast to 5. 8 percent for 2020 lower than the 6 po