Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july. We are seeing an economic recovery in china and demand for semiconductors. Lets turn to Sophie Kamaruddin in hong kong for a check of the markets. What should we be watching out for in south korea today . Sophie we have more data coming out. Tourism revenue falling for a fifth consecutive month so the focus will be on the consumer sector. Of o have the likes reporting earnings. Consumer sentiment has rebounded for a third month in south korea and online spending will continue to be key as the
End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
Designeds a mobile app to share content with friends, but it looks a lot like snapchat messaging. We have the details. First, our top story. Foras bad news, good news tesla after thirdquarter delivery numbers. Cars. Ivered 97,000 elon musk had hiked the idea of reaching 100,000. Tesla shares sank. Analyst looksc ahead to earnings following the delivery numbers. We have them falling short of guidance. Even if you look at the production levels, there was some record production levels, 96,000 some odd units they would need to be a significant increase in that. I think there is hope the shanghai factory will be able to come online, but we remain skeptical. Taylor with more, i want to bring in orton johnson, and also and also iohnson, reporter. We talked about the delivery numbers. Im curious about that composition mix. What do you make of the different models and the price differential . The model three was 82 of deliveries. Three,reat for the model but it is a concern because the margins
Introduces a mobile app designed to share content with friends, but it looks a lot like snapchat messaging. We have the details. First, our top story. It was bad news, good news for tesla after thirdquarter delivery numbers. It delivered 97,000 cars. Elon musk had hiked the idea of reaching 100,000. Tesla shares sank. Earlier, an rbc analyst looks ahead to earnings following the delivery numbers. We have them falling short of guidance. Even if you look at the production levels, there was some record production levels, 96,000 some odd units they would need to be a significant increase in that. I think there is hope the shanghai factory will be able to come online, but we remain skeptical. Taylor with more, i want to bring in gordon johnson, and let me start with you. We talked about the delivery numbers. Im curious about that composition mix. What do you make of the different models and the price differential . The model 3 was 82 of deliveries. It is great for the model three, but it is
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