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We have the world covered on daybreak asia obligated to crack down on hate. We have the will covered on daybreak asia. Betty we will have the latest on that tesla story. Tesla trying to save taxes. This is daybreak asia coming to you from bloombergs asian headquarters here in hong kong, where it is just after 7 00 a. M. I am betty liu. Yvonne i am yvonne man. Eyes are glued on china for the next 24 hours. Not only do we have this msci decision, but we will hear from the pboc governor as well. We do not hear from him too often, but it will be interesting to get his take now that it seems like the pboc is parting ways with the fed. They held off on raising those borrowing costs after the fed raised rates last week. Betty a lot on the agenda as you mentioned. We will be going through a lot of big corporate stories, including that story on tesla. Everybody focused on the Chinese Market and tesla being a tech movie has been a big today ....
They will pay most of the cost of the costs. A 5 billion hit. We have the world covered here on daybreak asia. We will be live in new delhi with reaction on Prime Minister modis meeting in washington. Betty we are watching the latest on the travel ban ruling as well as the latest on the Health Care Bill. With the new version, and what the new version says. , am betty liu in new york where it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. In hong kong. We are going to be staying on top of takata and is bankruptcy. We will here about the stock. Howt of questions here on bondholders, the carmakers, are going to be repaid through this entire process and where does takata go from here . Of questions to ask after that 1. 6 billion sale of takata core assets. We have the ceo in just a couple minutes time. Betty that exclusive interview. Cannot wait to discuss all of t ....
The president will be addressing military strategy in afghanistan, shortly. In u. S. Dy the largest history. Betty good morning, folks. It has been another busy news day, not least because half the country was watching the solar eclipse. In the meantime, as we are awaiting the president and his speech on afghanistan, we had many lieutenants are talking again about policy. Was one, the treasury secretary at an event in kentucky with mitch mcconnell, and he was talking about tax reform, and one of the most contentious areas of tax reform is the carried interest, which President Trump had noted is a carried interest break for the 1 . He noted on the trail i am going to pull it. A little bit of a turnaround for mnuchin. They said they would that to continue the carried interest for funds that create jobs. The hedge funds are evil. Get rid of them before the other funds that actually create let us keep them. He struck a different tone ....