The Trump Administration overstepped its authority. Ntt reportedly planned to take its wireless carrier unit private. At buyout could be valued 38 billion. At thebreaking news moment. We are getting Industrial Production numbers for south korea. Year on year, it should be for the month of august, a decline of 3 , matching expectations, and bigger declines than the previous month. We continue to see some weakness year on year. Industrial production numbers have been in contraction for five consecutive months. When it comes to the previous month numbers, they have been revised slightly upwards but not by much. Month on month, a contraction of 0. 7 which is a contraction instead of just coming in flat as expected so that is disappointing numbers. Perhaps we could see some better numbers later in the year. We do have trade numbers for the month of september. We are expecting it to come up on thursday and exports are likely to see an annual gain in september so lets watch out for those numb
President trump set to meet with top pharmaceutical executives as the first drug shortages in the United States are starting to be reported. Well have a preview from the white house on that. Just breaking news, moments ago, folks. Amy klobuchar is out. She will endorse joe biden as establishment tries to box out Bernie Sanders. All that and so much more on making money. Charles all right has been a roller coaster session, investor motions, potential Central Bank Involvement all of that is in the cauldron if you will. There is a lot to break down and digest. Lefts bring in the best, Gibbs Wealth Management cio president , erin gibbs and capital Wave Management shah gilani. Erin, youve been calling this on the emotional side amazingly. Even last couple months. Last monday you said it is too early to get into the market just yet. Weve come down a lot since then. Whats changed . So i think, first we have to digest, oh, were really attached to the chinese economy more than we realized. Then
In australia are set to worsen this week we will have the latest from city. Sydney. Lets check the market close in the u. S. It was a mixed picture. It touched record highs earlier in the week. We have been managing to gain slightly with those blue chips like boeing and intel leading the gains. We have reports of a record holiday season. The s p 500 barely changed. We have the Energy Sector leaving the declines. Despite the fact that will prices rebounded from friday. The nasdaq fell 2 10 of 1 . Instead of of that 9000 level. Lets see how things are shaping up this week. Sophie weoap are so close to saying so long and farewell to 2019. Pointing tos potential losses in tokyo, sydney and sold. Seoul. I want to check in on one of those movers in wellington. We are seeing metlife care gaining ground and rising over 6 . That is after a takeover offer for seven kiwi dollars per share. On the calendar it is looking pretty light. We will be getting industrial output later this morning. The gov
Economy is set to end the year in contraction as months of protests take their toll. There is course for massive evacuations in australia as wildfires continue to burn amid a heatwave. Shery starting with breaking news out of south korea, we are getting industrial reduction numbers for november, contracting. 5 is missing esti. It was expected to stay flat. It is a stabilization after a fall of 1. 7 . The previous number for october was revised higher, contraction of 1. 6 . We are talking about a contraction of 0. 3 year on year, a stabilization from the decline of 2 in the previous months. We have seen some signs of stabilization in the wider region and chinas industrial profits showing a rebound of 5 . More signs we could see stabilization in the region. Up for then exports first 20 days of the month contracting 2 year on year. This coming after doubledigit declines in the past six months. Industal production, month on month by half of 1 , missing estimates but a smaller contraction t
Back about historic night 30 years ago. To the full. Welcome to the Program Germany is marking the 30th anniversary of the fall of the burden of the main event is currently underway at the historic. Heavily guarded border between east and west germany. 9989 communist east germany has lifted travel restrictions on its citizens and opened the border crossings to west bank. System live to the ballin. Live. Live. Live. Live. Live. Live. Its about a study conducted by Daniel Barenboim and those events so years ago marked the start of the fall off the boat and was d. W. I. Chief Political Correspondent jim acosta is at the Brandenburg Gate and joins us now welcome because you are a whole whats the mood like that. Well youre hearing that very dramatic music of beethovens 5th symphony this into the face this exam for me and its a celebration mood of course but also a very reflective mood here this evening weve heard from the german president weve heard from manny and 1st who led the 1st stars