Train were threatens the very existence of chinese factories. Our exclusive interview with the top supplier of consumer goods. Shery breaking news out of south korea. We just got the unemployment s, in line with estimates. The government continues to support job growth. We are seeing more job creation in the government sector, not to mention some green shoot in the private sector as well. In recent months, we have seen the Hospitality Industry showing some signs of recovery, so the Unemployment Rate Holding Steady at 4 . This after edging down to that level back in may. We have some pressure when it comes to manufacturing jobs given the trade tensions and uncertainty there. Lets get a quick check on how futures are trading at the moment. Lets start with south korea. Kospi futures gaining. 5 . Is coming up to the cost vfl to the weakest level the cost be fell to the week the kospi fell. The bank of korea easing bets, but still some uncertainty when it comes to samsung electronics. Nikke
We have the on market and the risk aversion in the 10 year. There are big moves yesterday and were seeing borrowing costs rising 12 on the tenured that. Were seeing money and i do not think there is a risk aversion. There is a little bit of caution when it comes to borrowing. There is a spike after the deal and it is now trending lower. Is it about the United States and fundamentals . It is up by a quarter of a defense a percent. This is the asset you want to look at today. Trade is 50. 99 right now. It will take time. Nevertheless, you know china calling on the demand side of equation and the supply side is ramping up. Lets have a look at how that affects stocks this morning. Youll see less thing for the buck. We are seeing a deal in mergers and acquisitions when it comes to chipmakers. The university in china offers 23 billion and this will be the biggest deal for a Chinese Company buying a u. S. One. This is a big play for other chipmakers on the move. The numbers are looking rather
Faber. Lots of news, m and a, Congress Returns to work, daca decision and Hurricane Irma, cat 5 storm. Rollback begins with Global Markets on the move as tensions with north korea remain high as the most powerful nuclear test was performed yet. U. N. Security Council Holding emergency talks. 30 billion when you throw in debt, one of the Biggest Aerospace deals ever Gregory Hayes will join us in an exclusive interview 30 minutes from now. Congress back in session. Deferred action for child arrivals is back in the spotlight. A big week ahead for the agenda as congress is back in session. The president is expected to end protections for young immigrants who were brought into the country illegally as children. This is the deferred action for Childhood Arrivals Program or daca markets looking to open in the red as investors get their first chance to react to the latest north korea threats. Harvey recovery, budget debt ceiling. Well see where tax reform falls in all of this after a weekend w
To the Treasury Department to cover all of the expenses. House majority whip Steve Scalise reported to congress today, his first day at work since he was shot at a congressional baseball practice more than three months ago. The louisiana representative was welcomed back to the house with a standing ovation. A big three of former u. S. President s showed up at the Opening Ceremony of the president s cup, the first time three u. S. President s have attended the matches together since the golf event teed off in 1994. The pga preparing for a visit by trump on sunday. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Emily im emily chang, and this is bloomberg technology. Coming up, toshiba seals the deal. An 18 billion agreement to sell its chip unit to a bainled consortium looks set to close. Rokus shares took off, despite being priced at the high end of the projecte
One key question for many u. S. Investors is how does alibaba work . We will look at is. Model. It is the end of the road for mac worlds print edition. It will stop publishing a print edition and layup most of its staff. It debuted in 1984, the same year the first macintosh computer was unveiled. 13 years after the september 11 attacks, the United States is back on the offensive, confronting terror groups like the Islamic State. Just last night, president obama announced a broadbased coalition to confront the group. I have made it there and we will hunt down terrorists who threaten our country where ever they are. That means i will not hesitate to take action against isl in syria as well as iraq. This is a core principle of my presidency. If you threaten america, you will find no safe haven. The fight against terror continues, technology is changing everything from the way we gather intelligence to the way terror groups broadcast their messages embracing social media. Joining me is Mic