Classes. Pricee the new york crude under pressure. We have this key meeting taking place of opec plus today and tomorrow. The gold price at the moment is showing weakness. Buy yourself finance. Bitcoin is erasing some of the 9 . Es by going up nearly lets look at the other first word news headlines. Lets join karina mitchell. Karina bloomberg has learned readingna the latest on chinas economy shows recovery is getting momentum. Manufacturing and services, pmi data both beat estimations. In aty performance came 52. 1. The economy is gaining strength despite sporadic epics of covid19. Bloomberg has learned chinese regulatory officials have said that the chances of jack mas stockoup revising its are looking slim. They are still reviewing changes needed to appease regulators. An additional delay would be a setback for ma. Has big dollars the fight to overturn his election will not reach the supreme court. He told fox it is hard to send a case there and he probably wont succeed. He rehashed
8 55 utc. The epicenter was at a depth of 40 kilometers. The center is recommending people in the area to remain observant and exercise normal caution near the sea and no action is required. Japans Prime Minister Suga Yoshihide will leave vietnam for indonesia for talks with president joko widodo on tuesday. Translator i want the two countries to work closely on various issues including the coronavirus and the economy. I want the summit to establish such a relationship. In the meeting suga is expected to emphasize that as a key member of asean indonesia is a Strategic Partner and the two countries share basic values like freedom and democracy. Suga hopes the nations will agree to Work Together over a range of regional issues including chinas growing maritime presence. He wants to arrange a meeting of their foreign and defense ministers soon. Suga also plans to accelerate negotiations on the transfer of defense equipment. Indonesia has the highest total number of coronavirus cases in so
Will be treated in their official residence. Trump underwent tests for the virus after one of his top advisers reportedly fell ill during a Campaign Stop on wednesday. Hope hicks traveled with trump to cleveland earlier this week for his debate against democratic candidate joe biden. The coronavirus has been a central issue for the campaign as the United States has become the worlds biggest hot spot. More than 200,000 people there have died. Trump has been criticized for down playing the impact of the disease. He said in february its going to disappear one day like a miracle more recently hes been reluctant to call for people to wear masks despite repeated requests from experts. Following his diagnosis trump tweeted he and Melania Trump have already begun the Recovery Process saying we will get through this together. The first lady also took to social media to relay the news telling followers that she and her husband are feeling good. To find out more, we spoke to professor kubo fume a
His big tech hitting two big is big tech getting too big . Shery we are seeing u. S. Futures slightly higher, up. 1 , this after we saw stocks falling in the selloff in tech intensifying in the u. S. With the fomc leaving the markets and a Little Information lot of questions about the state of the economy and the recovery. We are seeing japanese futures holdings that he at the moment. At this of course as we head for the boj decision. Really not much change expected right there. Stimuluscy to step up receiving. We have a new cabinet in japan as well with the new Prime Minister su,gaga. Right now, under a little bit of it has reached the 105 level. Key restocks gaining. 25 . We have Second Quarter gdp numbers coming in sightly better than expected, but still, the worst contraction since the great depression, down 12. 2 quarter on quarter, haiti. Haidi haidi. Haidi the Federal Reserve pInterest Rates near zero. Interest rates near zero. Ever evolving to medications strategy it unveiled l
Peoples lives to a minimum while preparing for a worst case scenario. The original law was enacted after the 2009 influenza outbreak. The update would allow the government to declare a state of emergency over this latest health issue. Using the proposed revision, the government would have the authority to ban events, to limit the use of large venues like theaters, and to firmly advise people to stay at home. The government hopes to pass the Amendment Bill on friday. The Prime Minister also said the government wants to prevent negative information about japan from spreading abroad. Hes considering asking experts to help dispel any rumors. Abe stressed a number of infected people in japan excluding cases from a virushit cruise ship is considerably lower than some european countries. Border barrier. Japans government is strengthening its border controls from two neighboring countries in attempt to stem the spread of the new coronavirus. Flights arriving from china and south korea can now