Delivery of 7 . Look how we are in terms of the major indexes. Asian markets, most in losses tracking to 3 drop on wall street overnight. Opened slightly earlier love earlier. Slightly lower earlier. We are watching petrochina down at this point in time. The hang seng, down about 1 . Kong announced an expansion of its restrictions aimed at curbing the spread of covid19. That would weigh on the economy even more. The sti, down more than 3 . This is a market that returned to bull territory recently and citi said investors are pricing in post recovery. Singapore reports higher cases, more than 1000 for the second day running. I want to dial back to the oil story because we see oil moving to the upside after two days of unprecedented action and a spectacular selloff. Opecplus ministers holding an unscheduled conference to discuss what has been going on. The closing statement signals there are no new measures planned at the moment. Lets bring in mliv asia editor. Oil is on the up. We had tw
Less pay handle than the 80 we have had the last few weeks, although this is still pretty elevated. I want to talk about the individual stocks that are moving. It is interesting you have a lot of these stocks rising and falling despite some of the overall gains we are seeing within the s p 500. Youve seen ae, lot of these cruise lines extend the ban on the travel limits we have seen with the president overnight saying we are extending this lockdown period through april 30. Hit aftering another posting 80 gains last week. Barclays now saying is saying boeing and airbus could see production cuts of 30 to 40 . Disney one of the strong performers, at least today. Goldman is saying disney and marriott are some of the few coronavirus pix that despite the shut down some of these stocks should recover. Interesting to see disney maybe hanging in there after all. David thank you so much to taylor riggs. Various medical and Health Insurance Companies Across the country are doing what they can to
Critics say some cosmetics have Dangerous Levels of mercury. China prepares for its biggest ipo since 2015. It may not be plain sailing as investors lose their taste for mainland stock. Paul lets check how we are treating right now. Australias asx has just come online. We are looking flat at the moment. We have the staggered open. We will see how things unfold. New zealand has been treating for a couple of hours. Currently higher by four tens of 1 . No change for the nikkei futures. S p futures becoming as well. We have had some encouraging news today regarding the usmca. Beingas if that bill is pushed through as the thanksgiving holiday approaches in the u. S. Out of have the poll britain that shows Boris Johnsons conservative party on trunk to secure a majority in decembers election. Lets get the first word news. Su we are going to star in the u. K. Sterling strengthened as the u. K. Poll suggested the conservative party may when a comfortable majority. The survey of 50,000 voters se
Marks 30 years since the fall of the berlin wall we look at how my life changed the towns along the form of quarter. What prompted you to be a business i want to johnsonville im glad to have you with us german engineering conglomerate siemens reported a rise in its 4th quarter profit and revenue beating analyst expectations the company said it achieved its 4 year targets for fiscal 29000 despite headwinds from a cooling economy siemens is in the midst of a restructuring process that aims to make the group fit for the future. Siemens chief executive joe kayser has big plans with his vision 2020 plus strategy he wants to make the industrial giant ready for future challenges hes going to do this by splitting it into 3 major units Health Logistics and digitalisation as far as hes concerned the era of large corporations is over britons are him their names concerned. With our corporate concept barking on the biggest transformation in the companys 172 year history this is a significant even o
Responsibility internationally she also says its time for germany to be more robust about representing its own interests. And chillies in the battles president moves to increase the minimum wage but will it be enough to quell the countrys worst undressed in decades. Plus we go to cameroon for a look at people making movies in a country where no one goes to the cinema. Hadnt a very warm welcome to you im under cheema good to have your company jelly celebrate the parody the anniversary of the fall of the berlin wall and the u. S. Secretary of state mike below is visiting the country to join in he served as an army officer in germany during the cold war period met u. S. Troops at a minute. Training camp for 4000 u. S. Soldiers and their nato partners in bavaria after that he visited the form of border village of reuters the German Foreign minister. The village was divided by a war during the cold war giving it the nickname little lamb then went to underly decision where mass protests star