Australiachina relations think again with beijing slapping penalties. Australia will challenge the move at the wto. Shery lets get you started on how the markets are trading. U. S. Futures under a little bit of pressure, down 1 10 of 1 of the open. This after u. S. Stocks jumped the most in six weeks during the regular session. It was a risk on trade. Stocks finish at the highest level since early march. The s p 500 saw gains in cyclical stocks that have been battered leg energy, autos, banks. More than 90 of the s p 500 gained ground. More haven stocks did lag. The nasdaq rose 2. 64 . We did get some comments from fed chair Jerome Powell before the hearing tomorrow. The fed prepared to use its full range of tools as the benchmark lending rate reaches zero until the economy is back on track. See how markets are shaping up in asia. Sophie kamaruddin joins us in hong kong. Soph . Sophie the bulls perk up in asia. We have futures pointing largely higher. Nikkei futures fell somewhat but h
Throws its weight behind the World Health Organization and says any vaccine success will be shared by all. President xi says cooperation is vital. It was really this help vaccine help on this vaccine obnoxious safety but also the immune response effort to see vaccine that really de u. S. Stocks higher. We did have the s p gaining more than 3 . U. S. Stocks surging the most in six weeks on the promising early results. That has led to a pretty steady sense of positivity. We are seeing u. S. Futures as well as trading in new zealand. Australian futures among one of the asian features that are trading up by over 2 . In fact, the highest since march 11. We are seeing highs for hong kong and japan futures going into the start of trading in asia. Lets get more on china. Xi jinping is promising to make any Coronavirus Vaccine universally available once it is developed. This as he reiterated beijings support for the World Health Organization. The pledge is part of efforts to defuse criticism of
International Companies Due to political tensions with beijing. Now china meanwhile has called on its biggest state firms to take a more active role in hong kong including stepping up investment and asserting more control of companies in the financial help beijing says its trying to calm months of unrests in the semi autonomous city. At a meeting this week in change in city bordering hong kong Senior Executives from nearly 100. 00 of chinas largest state run Companies Including oil giant scientific and conglomerate China Merchants Group were urged to do their part to help cool chinas biggest political crisis in years at the meeting the air so hes pledged to invest more in key Hong Kong Industries including real estate and tourism in a bid to create jobs for local citizens and stabilize Financial Markets the director from beijing went further than to simply urge investment in Hong Kong Companies but to develop a controlling stake in companies the move would extend to mainland chinas inf
A letter saying that a swift and certain implementation was simply not credible the elizee says its sticking with its plans to buy data and Analytics Group within it to. Now at the same time the 2nd biggest i. P. O. This year could soon come hong kongs way Bloomberg News reports that hasa bush in bed has revived plans to raise 5000000000. 00 through an i. P. O. In hong kong the brewing giant behind brands such as Stella Artois and u. S. Provisos said its asia pacific subsidiary has resumed its application for the listing of a Minority Stake of its shares on the Hong Kong Stock Exchange the move could be a boost for hong kong bourse which has recently been battling to win listings by International Companies due to political tensions with beijing. Now china meanwhile has called on its biggest state firms to take a more active role in hong kong including stepping up investment and asserting more control of companies in the financial help beijing says its trying to calm months of unrests i
International Companies Due to political tensions with beijing. Now china meanwhile has called on its biggest state firms to take a more active role in hong kong including stepping up investment and asserting more control of companies in the financial help beijing says its trying to calm months of unrest in the semi autonomous city. At a meeting this week in change in the city bordering hong kong Senior Executives from nearly 100. 00 of chinas largest state run Companies Including oil giant sinopec and conglomerate China Merchants Group were urged to do their part to help cool chinas biggest political crisis in years at the meeting the air so hes pledged to invest more in key Hong Kong Industries including real estate and tourism in a bid to create jobs for local citizens and stabilize Financial Markets the directive from beijing went further than to simply urge investment in Hong Kong Companies but to develop a controlling stake in companies the move would extend mainland chinas influ