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Dose of stimulus since 1990. Amazon aims to capitalize on chinas fascination with all things japanese. Coming to you live from our u. S. And asia headquarters. Betty i am betty liu in new york. It is sunday evening. We begin with breaking news just crossing the bloomberg from south korea. Current account surplus for june coming in wider than the prior month at 12. 17 billion. This is after it widened to more than 10 billion in may. We will watch for trade data for july coming out in an hour. Pmi later today. We will see how things go. So far, stocks heading south in new zealand. After funollar flat fonterra maintain that milk price. Its still up in the air what the central bank will do. The aussie dollar at . 75. The yen climbing 3 after the boj disappoints. Territory today, stocks seeing a pullback today. Governor kuroda throwing the ball back into shinzo abes court. Lets go back to our top story in asia. Spree, back its buying snapping up assets from club med , but now focused on get ....
Into the weekend. This as president xi brings president obama in order to try to get they gaucnegotiations ba track again. And fosun chairman goes missing. Welcome to the show. We have got the Ieas World Energy outlook breaking and hitting the wires at the moment. As we said on the supply front they said the evidence that the saudiled strategy is starting to work. Theyre taking a toll on nonopec supply with annual growth shrinking in november however they do say that they see iranian oils ramping up and that is the big unknown for next year. On the demand side, theyre saying that Lower Oil Prices have driven demand growth to a five year high as motorists fill up their tanks. However that is likely to have peaked in the Third Quarter saying consumption is now going to be on the wane and in 2016 we might see demand sta ....
Firm and climate talks go into overtime. Negotiations set to extend into the weekend as xi jinping calls president obama in a bid to step up efforts to reach a deal. Global oil markets will remain oversupplied according to the International Energy agency. The iea says it will continue to put oil prices under pressure and the oversupply will only get worse in coming months as additional supplies from iran will push more oil into storage. The volatility and softness has been one of the main factors. Were down. 4 for the ftse. Germany and france off more than that. U. S. Futures expecting a mixed open. The nasdaq called to open up by five points but the s p and dow expected to open down. Thank you very much for joining me. Good morning to you. Lets kick off with the u. S. And fed in particular. Were expecting a rate hike. Does that mean well see inflation next year . The fed is acting on a bunch of data points they have. And th ....
Good evening. We begin with the latest on the c. O. P. 21 climate talks here in french capital. We should now enter overtime. This is the nations struggle to overcome their differences and agree on a global deal. The draft is now much shorter and the numbers of disputed downons of text have come from more than 900 to around 300. Here are the remaining obstacles. Room, theback in this met for the final details of the c. O. P. 21 agreement, being hammered out. The initial friday deadline unfeasible. Talks are already scheduled to overrun into saturday. Are, china and india negotiating on the sidelines. One of the issues on the table, whether to get rid of carbonfueled energy completely. Low carbon,prefer development for something similar, because carbonization, many developing countries have problems with that. Reporter switching over to Renewable Energy sources is a prerequisite if temperature are to be contained to one and a hal ....
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