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Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july. We are seeing an economic recovery in china and demand for semiconductors. Lets turn to Sophie Kamaruddin in hong kong for a check of the markets. What should we be watching out for in south korea today . Sophie we have more data coming out. Tourism revenue falling for a fifth consecutive month so the focus will be on the consumer sector. Of o have the likes reporting earnin ....
Caused a school bus to crash in new jersey. The dramatic moment in irvington captured on surveillance video. Nearly a dozen children were injured when the bus collided with an s. U. V. And slammed into a building. Since first 4 00, we uncovered troubling information about the bus quo. A. J. Ross is at beth israel hospital in newark. Reporter some new information we received from the new Jersey Motor Vehicle Commission shows that horizon link, the bus company, has failed the initial Service Inspections at an astounding rate of 96 . Considering the bus driver in this crash said the brakes failed before the collision, its amazing no one was seriously injured. A thunderous Early Morning collision involving a school bus full of kids near sanford and springfield avenues brought several people running from ....
Interest rate increase is likely in the coming months. Japanese shares rose. Treasury bills are closed worldwide today. The yen is back to a onemonth low against the dollar. The sales tax increase scheduled for next year will probably be delayed. Japans retail sales growth stalled in april. Economy grew slightly faster than originally estimated. Growth accelerated. It beat the estimate. Frances gdp report showed that investment jumped 2. 4 . Billionaire is offering 4. 4 billion to buy out and privatize. That is a higher valuation. Relocate. Ate will they have been out of the spotlight since they voiced concern that such transactions could flood the market. Markets are closed in the u. S. And u. K. Lets check in on the markets that are open. The stoxx 600 is pretty much unchanged. We have seen gains in the dax this is after european stocks of their best weekly gain since february. The story is about Dollar Strength. You see a stro ....
Julie i want to look at facebook. The shares dropped suddenly just in the past 15 minutes. They are bouncing up off the bottom of little bit. There is some talk, i saw some tweets about ad spending and figure out exactly what might have been said to cause the decline in the shares. The reversal, really they are down 1. 6 percent. We will keep digging and bring you an update when we have news from that conference. For a look at the broader markets, we are seeing a rally across the board. We see a gain of 1. 2 in the nasdaq. If you look at the dow, the dow is also up. 8 . We have been seeing a range earlier in the day and a leg up around 11 30. Jpmorgan is a big part of what is going on in the dow today. The earnings falling yearoveryear and trading sales falling euro per year that all of the declines were smaller than analysts had been estimating. Jpmorgan has actually been building on its gains throughout the day. This may shares are rallying. Jpmorgan is raising the analyst estimates. ....
Jobless threshold. Lets get to our top headlines. We have on the missing malaysian airline, two objects were floating in the butocean but lanes planes sent to the area have not been able to find the plane. Interest rates may be rising faster than expected. Fmoc believes nothing will transpire until 2015. The fed will give the results of those rank stress tests later today. U. S. Mobile messaging provider tango says it has raised 280 million in new funding, the biggest investor is alibaba. Leaders are meeting to discuss how to pressure russian president Vladimir Putin as he strengthens his group in the disputed crimean territory. Joining me now is ryan chilcote. Many are calling this a new cold war. What really can be done to stop him at this point . What are they debating . There is no doubt that the eu wants to punish Vladimir Putin for fast tracking the annexation of crimea ....