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good morning and welcome to daybreak australia. i m haidi stroud-watts in sydney. from bloomberg s economy gateway latin america in panama city i am shery ahn. u.s. stocks pricing their biggest daily drop in almost two years. higher pricings hitting corporate earnings. the dollar and treasury gains a minute pickup in haven beds. consumer and retail hit the hardest as recession fears rise. target is suffering the biggest selloff since 1987. tech is under pressure. this stock is plummeting after hours. we are live at bloomberg s new economy gateway latin america in panama city. day one ended. what conversations we had about the macroeconomic prospect for the region, we are here in panama but we are not seeing vessels queued along the panama canal. we have seen record amounts of cargo showing supply chain disruptions and of the evocations of all of that including inflation concerns continuing to rise and perhaps the central bank tightening really starting to effect ....
Good morning looking to debate debit australia. I am paul allen at the Investment Conference in sydney. We are counting down to asias major market opens. Good evening from new york, i am stare on. The top story this error. U. S. Stocks and treasuries rise as the latest five comments fuel speculation the central bank is headed toward another pause in rate hikes. President biden boastful support and military aid for israel. The combined death toll now approaching 2000. And china is said to be ready to unleash a new round of stimulus. Take a look at how u. S. Features are coming online. 20 early in the session. We have stocks and bonds gaining ground on that commentary coming from a fed official. We have the s p 500 gaining ground for third session. A little bit of a technical rebound. We have the 10 year yield fallen toward that 4. 6 level. A little bit of catching up for treasuries with a global bond round. We are looking ah ....
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(Bloomberg) Private equity firm Bain Capital has made an unsolicited takeover offer for Australian automotive parts retailer Bapcor Ltd. that values the business at more than A$1.83 billion ($1.21 billion).Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMusk to Ban Apple Devices If OpenAI Is Integrated Into OSNYC Landlord to Sell Office Building at Roughly 67% DiscountInvestment Bank Moelis Probes Incident After Video of Employee Appearing to Punch Wo ....