Too. And the epicenter in china. Gearing up to get back on track. We still cant leave the neighborhood. At least now were coming outside. Nightline will be right back. You know when youre at ross ammm. Ou find. At a price that has you, like. . Okaayyy. Thats yes for less. Say yes to the latest spring trends at 2060 off Department Store prices every day. At ross. Yes for less. And the prices make all the you knodresses yeses . At ross yeah save 20 to 60 percent off Department Store prices on the seasons freshest spring dresses. Ross in san mateo just got a makeover come in and check it out good evening. Thank you for joining us, im byron pitts. Tonight, federal Financial Aid is another step closer to reality. The senate, late tonight, passed a record, 2 trillion stimulus bill to soften the fallout from the covid19 crisis. Bottom line, it will provide checks to some taxpayers of up to 1200. The house still has to vote on the bill friday. All of this is as were on the collision course to
Good morning and welcome to the show im dominic chu in for Brian Sullivan we begin with breaking news. U. S. Stock futures pointing to a sharply lower open as losses accelerate this morning. A flight to safety under way in bonds as well. Stocks moving to the downside. The tenyear yield dropping to its lowest level since july of 2016 in the wake of the brexit vote a rally in gold prices playing out. The metal surging to a near sevenyear high. You can see gold prices up 2 . 1685. 40 the last trade there a sharp move in crude prices as well for world benchmark tti or brent prices and tti as well wit this mornings selloff comes as investors continue to watch developments around the coronavirus outbreak and spread in places outside of china, like in south korea our own Frank Holland is here with the latest on those numbers. Good morning. Good morning to you thats right new numbers overnight on just how serious this crisis is becoming in south korea. There are now more than 230 new confirmed
Korea . Our people concerned, or is it business as usual . Guest it is business as usual. They have lived in the shadow of this threat for 70 years. Most people cannot remember when there wasnt north and south korea. If you allow yourself to get paralyzed every time, you will not have much of a life at all. There is plenty out there to be scared. If you are after that, you could be permanently scared if you like. Host we will be reporting online. Chang is the seoul bureau chief. Thank you. Guest of course. Host how should the u. S. Respond to the latest threat from north korea, the apparent successful test of a Hydrogen Bomb eight times the power of the one we used in hiroshima in 1945 . These are images of the north korean leader. There is this from the Washington Post, the bomb was a twostage weapon with a yield that could make it a city b uster. media,ng to the local south korean authorities said sundays earthquake appeared to be consistent with the successful nuclear test, their si
Ipo for billion snapchat gives investors a new look. Ins the first day of trading the Lunar New Year in shanghai. The special Prosecutors Office wants to search the president s office, but according to text messages, the office says it will not allow prosecutors in for that search. That is what we have at the moment. Investigators have begun a search according to another headline. Not quite sure where we are. We will keep you up to speed. In kuala lumpur and taipei. David. Busy, busy, busy morning. When you look at what going to be happening in the next 1520 minutes or so, that could actually determine where we go. Lets quickly get through the open here in singapore. Up half of 1 . 142. 02 was the close last friday. Essentially, if we rise a little further or stay at these levels, we are poised for a week gain. Se sterling is what i am pound sterling is what i am watching right now. Session lows. There were some projections of inflation and markets started to digest those numbers and s
Shenzhen link opens today. Gone . Is pokemon its rival leaving pokemon in the dust. Rishaad the currency markets, that referendum, italians voting no to thengly, 59 , constitutional changes. Haidi we were expecting a tighter race, but a decisive outcome came in quickly. Take a look at my bloomberg. This shows the plunge in the euro to lows we have not seen since march 2015. This poses a lot of questions in terms of regional stability, italys banks. Haidi that is one of the biggest concerns, eight thanks perhaps in danger, facing problems with balance sheets, haidi failing stress tests as well. Thats right. Not seeing Much Movement when it comes to dollaryen. Where is the safe haven demand . Rishaad gold. Anyway, the open in singapore, taiwan, and kuala lumpur coming online. It up, the to set demand for havens, coming down to the fact how the market was position coming into this week. The governor of the central bank scheduled to speak. That being said, money coming into u. S. Bonds, th