Beijing may finally be winning its war on smog. Plenty more on those stories over the next couple of hours. Calendar today is trade numbers out of china for the month of december appeared rounding out has been a year of significant recovery when it comes to chinese exports in particular. 5643. After the declines over the past couple of years we do see two years of decline followed by that recovery. We are looking at december, a 10 year on year rise when it comes to exports coming in dollar terms. Thats a little moderation from novembers 12. 3 rise. Imports looking to pick up significantly. The brighter spots in that. Continuing to paint a picture of synchronized global recovery. Such a stronghad base to come off of in 2017 we might be struggling to hit doubledigit numbers in 2018 for exports. Certainly there is also the cloud of trade tensions between the u. S. And china lurking ever in the background. We are 30 minutes away from the opening china and hong kong. Sophie, we were thinkin
We are about 30 minutes out from the open in china and hong kong. Very interesting couple of days to come. We are keenly watching the u. S. Inflation report. Disappoints if cpi to a market that has been awkwardly repricing. Were also passing these comments from jay powell is saying that nothing has changed. Also a reminder, the last trading day for mainland markets before they shut down for the oneweek holiday. The last trading day of the year of the rooster. A modest recovery story playing out a link the lead from wall street. David, it is a busy day in terms of investors passing the data. David there is a lot of data coming through. As you alluded to, there is an Inflation Report that we are stuck between that. We are waiting to exhale or to gasp. Yes, you are getting gains but they are capped. Across the getting likes of gold, the dollar is back below one. 08. 1. 08. That is essentially a picture across the region. Little higher on the regional benchmark. We have malaysia gdp still
Web. Including a good talker taking the internet by storm. I dont know if i can do this with you. Little james is here to school us on stardom and all sorts of things. Thats the first time i got told off on the internet. Blah, blah, blah, blah. Its a perfect day to get out there on the snowmobile. Its in utah. They have obviously had some serious snow. Look how thick that beautiful powder is. You can hear the snowmobile struggling to get up the hill. He wants to turn down. Smooth riding. For now. As the person we are riding with slowly starts coming around, keep an eye on the hill they came from. See it . Theres a crack. Huge chunk. Keep an eye on this guy. Starts trying to outrun it. He is gunning it. Something goes wrong. He is swept up in the avalanche. Eventually, it comes to an end. He goes thumbs up. It looked like it wasnt so bad. Just collapses to the ground. Cohahe could have been buri all of that. Its posted explaining where and when and why of this avalanche. It was triggere
Theresa may is expected to make the offer in a speech on brexit in italy. Now on bbc news, all the latest Business News live from singapore. Chinas Credit Rating is downgraded over concerns the growing debt pile isa over concerns the growing debt pile is a major financial risk. Over concerns the growing debt pile is a majorfinancial risk. New zealanders go to the polls this weekend, a change in government could alter the business environment. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Im rico hizon. Glad you could join us. It isa rico hizon. Glad you could join us. It is a friday. Chinas Credit Rating has been downgraded ahead of a major meeting. It went from a to a , making it the last to be downgraded. The waiting drop in 2015. Earlier we got a take on the move. You have to realise that china has zero debt. They have won century bond which trades at 212, extraordinary. In terms of direct sovereign debt issued by china, it is irrelevant. The
Though perhaps we could be seeing an Opposition Coalition as well. Chart, looking at this the biggest reflection has been the currency markets. Towardsd edging down 1. 27, session lows at the moment , 1. 7 percent fall back or that is the scene outside Jeremy Corbyns house. This is bloomberg. Haidi uncertainty in the u. K. , a Hung Parliament with conservatives falling short of a majority. Plunging theling most since january and raising doubts about negotiations with the european union. The u. K. Could be without a full functioning government 11 days before brexit talks are due to begin. Rishaad the questions are being the primet ministers future. She may not survive. This is our special coverage of the british election. I am Rishaad Salamat coming to from our asia headquarters in hong kong. In sydney. Haidi lun asia awaking to political turmoil. When will we learn . Trump, brexit, and now more Political Uncertainty, the range of outcomes is starting to narrow when it comes to what sor