Discussing enough what the Standard Chartered bank and hsbc is doing where they are saying they are going to agree to whatever with new security rules of hong kong. How big a deal of this in your london . Francine well, it was quite a big deal when they announced it. I think you and i spoke to stephen engle. He reminded us, it goes to show may be the influence that beijing has on some of these companies if they want to have licenses in mainland china. This is actually quite difficult to dig into the deep root of it. Now, we understand that there is a backlash from investors. Just yesterday, we had o aviva, one of the biggest investors in a lot of these banks, saying it is decisionable with the of hsbc and Standard Chartered, it is uncomfortable about the banks decisions. Tom absolutely fascinating what we see their. We have got lots of coverage through this hour and on through bloomberg surveillance. Theill be joined from school of chicago, the former leader of the central bank of indi
deal, but it s closer to a done deal. the vote is on. jacqui heinrich at the white house with the latest. jacqui? edward lawrence. i apologize. i can be confused for jacqui. i can see how that would happen. no, no, yeah, this was all approved about 5:00 a.m. this morning. that s what we understand. the president says that this is good for america. this is americans avert the strike, could devastate the economy while giving the unions about a 24% increase over the next five years or so. again, the president says this is good for americans. here s the president. listen. together we reached an agreement that will keep our critical rail system working and avoid disruptions of our economy. i m grateful for members of the administration who worked tirelessly to help get this done. republicans say there s still a long way to go. all of the unions now have to ratify this agreement. i hope i ve heard that they have a tentative agreement. i hope it becomes an agreement. i h
is crippling new york renters, with average manhattan prices surging above $5,000 a month. welcome to world news america, on pbs and around the globe. after days of speculation, the speaker of the us house of representatives, nancy pelosi has arrived in taiwan sparking fury from china. mrs pelosi is the highest ranking us official to visit the island since 1997. the chinese government has threatened military action and in a statement said her visit seriously infringes upon china s sovereignty and territorial integrity . taiwan is self ruled, but claimed by china the result of a regional rift dating to world war two when china took control of the island from japan. but when communists took over beijing in 1949, the defeated chinese nationalist forces fled south to taiwan. the us has no formal ties with taiwan, and only 13 countries recognise the island s sovereignty. 0ur asia correspondent rupert wingfield hayes reports from taipei. the speculation has been swirling for d
Your watch list. Power lunch starts right now. Let it go, let it go i am one with the wind and sky all right. Welcome to power lunch, everybody pap bit of a disney phied power lunch if i do say so im Tyler Mathisen stocks struggling for gains. The dow hit an interday record high, if it stays positive, ever so slightly negative now, dow up a sixth straight day i know you want to know about bitcoin. You want to know how its trading. Right . It is up on the bit stamp exchange, that could change, of course, before i finish speaking or we hit our first commercial break. Twitter on a tear, stock soaring to a oneyear high promise me, youll see it in a second in respect it is. Theres twitter going up up 93 or about 4. 5 . No major reason. Just twittering. Its twittering. Retail also rallying best buy, new alltime highs there. Michael kors highest record in two years and lululemon, oneyear high. Nike, tiffany also at new highs. Begin the hour, tyler, with a huge deal of the day, probably the ye