Data, the u. S. Saying that beijing underplayed the number of cases and deaths. And we work may take legal action that softbank wants better terms on theirh rescue plan. Haidi . Inflationary pressures or lack thereof from south korea coming through the cps for the month of march. We are seeing a contraction of 0. 2 , better than the contraction we were expecting of 0. 4 . That is a month on month figure for Consumer Price pressures and south korea for the month of march. In atmber on year coming 1 , so a little better than 0. 8 expected, a little softer from the 1 reading in february. Expectingse have been some demand as well as the impact of lower energy costs, lower oil costs, the plunge in oil prices, down an average of almost 50 year on year so far this month. Debtor february february data carried through, and you would expect that to carry through to april as well. That is the south korean numbers. We have been looking at a lower open going into the trading in seoul and tokyo. Let
Quarter was one of the worst in recent memory. That stock tracking the Banking Sector down in europe. David in the u. S. In the u. S. Vonnie in the u. S. We are two two hours from the fomc decision. Than. 5 . 0 down more fedex is down more than 5 after saying the outlook is uncertainty in and it is difficult to know what will happen with revenue going forward. Viacom down 5 , dragging on the s p 500 has the potential for a blackout with us and with u. S. Consumers. General mills is one of the better earnings stories, upgrading giants on its prime pet food sales forecast. Guy it is fed decision day. Joining us to give us an idea of goodcan expect evening. Lets talk about what is going on with the fed. The expectation is the fed will be dovish. My question to you is how dovish . The fed does not need to be that dovish. Financial conditions in the u. S. Have recovered. The data some of the data is weak, but over all the u. S. Is still in an expansion. I do not think it needs to be the fed
Counsels findings to congress as early as today. Mueller submitted the secret document on friday evening, prompting an investigation into whether President Trump or those around him conspired in russias interference in the 2016 president ial election. Chinese vice premier will lead a delegation to washington starting on the third of april. It will come close on the heels of a trip to beijing by Steven Mnuchin and trade representative robert lighthizer. The details revealed saturday about the timing of the visit offered a new hint of optimism as talks on the trade agreement between the two worlds biggest worlds two largest economies. Chinese president xi jinping recruited italys populist government into the global belt and Road Development project. The two countries signed a memorandum of understanding in rome, sealing romes participation. Italys the first g7 nation to volunteer for a role in the program. Chinese and a telling companies signed a 10 agreements, potentially worth as much
Effort to take on big tech since the 1990s. We hear from the Texas Attorney general. Digital service was born in the wake of the bumpy rollout of healthcare. Gov. Now is stepping up to give americans that are access to Government Services. First to our top story. A beers challenger to uber and americans are taking a close look at americas secondlargest ridehailing company ahead of 2. 1 billion public debut. But can the start of win them over . Startup win them 2019, the year so many highly anticipated Companies Plan to go public. T two standout, described as focus versus frenzy. Focus is uber, folks on rapid expansion, food delivery, and flying taxis. Plus a valuation that bankers say could soar to 120 million. Focus,y be described as growing out of their cofounders 2007 startup, which connected College Students looking for rides. It has focused almost solely on growth in the united states. Going from less than a dozen cities in 2009 to 95 of the country and 2019. Ft now claims it cont
It is 30 minutes focused on the companies, physical assets and trading behind the hottest commodities, with the smartest voices in the business. First, spot on. Our take on the big story. Joining me is the cofounder of energy aspects. And our spotlight is on oil prices, trading at a four month high. The news is that opec pushed back a decision to extend production cuts until june. In consideration that market fundamentals are unlikely to materially change in the next two months, the jmmc decided to forgo the full ministerial meeting in april, and schedule a meeting in may ahead of the opec Conference Meeting on the 25th of june. Alix was that the right call . Richard i think opec is buying itself a few more months to see how the data comes in. Fundamentals have not done nearly as badly as expected in the first quarter. They also just dont know what is going to happen with venezuela, with iran when the shanks than waivers come up for june looksmay, so like a good time to meet. Better ti