panic or price spikes. than 52na listing more times oversubscribed. we will assess investors appetite with the ceo, joel silverstein. haidi: that is a market highlight but in the meantime, let s take a look at how the set up in asia is faring given we did have the resounding tech rebound. sophie, what are you watching? at .8%.s&p e-minis stock futures pointing higher come of this ahead of the session that brings philippine trade data and a decision from malaysia. beth are split. the malaysian economy is showing signs of a rebound. korma she orders are due. we may see a pickup in cap exeter and by the auto sector in japan. from south korea, we are waiting on an announcement of a fourth extra budget that is expected later this afternoon ahead of that we have kospi futures looking a little bit lower. we have the kospi set to be the best performer in asia this month, up 2.1% so far in september. a quick check on the offshore yuan just holding steady after rebounding on that dolla
a big question about political risk heading into november. francine: we will have plenty more on u.s. politics. we start with leslie vinjamuri shortly. let s start with first word news with ritika gupta. ritika: joe biden is counting on thela harris s ties to african-american community and herself branding as a prosecutor. as a progressive prosecutor. she is the first black woman in the first asian-american on a major party presidential ticket. before being elected to the senate, she was california s attorney general. upcoming trade talks with the u.s., bloomberg has learned to chant that chinese will bring up president trump s second ban on the two apps, wechat and tiktok. in hong kong, media tycoon jimmy lai has been released from jail after being arrested monday, the most prominent figure detained yet under china s sweeping new national security law. it is seen as a sign of how hong kong s independent justice system is being undermined. the apple daily is critical of chi
that is a quarter of global infections with california seeing its biggest daily jump yet. when we look at china s new security law for hong kong and protesters are already changing strategies to steer clear of arrest. first, let s get you a quick check up on how markets are starting this morning. here is sophie kamaruddin in hong kong. sophie: asian stocks are gearing up for modest gains. we are seeing s&p e-minis moving slightly higher this morning and kiwi stocks are heading for a second day of losses when meridian and another energy company leading the climbs on rio tinto deciding to halt operations in new zealand. the hong kong dollar staying resilient within one standard deviation as they continue to defend the currency and markets shrug off a threat to the peg. switching off the board to the terminal chart. we are watching to see if the the best sinceng september 2019. we are keeping an eye to see of china s market value can top $10 million after pushing beyond nine for
we spoke this morning and we don t know how much they are paying for this vaccine supply. we don t know whether they will have the right vaccine so many questions on how administrations and i ministers at access to vaccines for their citizens. tom: the virus dynamics are just particularry, make note of the glide path of texas and south carolina. in new york city with our first word news here is ritika gupta. insistsmitch mcconnell that businesses, schools, and other organizations be protected against coronavirus lawsuits which is talking down talks over a new stimulus package. changes inding that liability law be included in the legislation. house speaker nancy pelosi says that shows he is not serious about a deal. federal reserve policy makers will focus on how to jumpstart a rebound from the recession. almost certain to keep their benchmark rate the same. the fed will make a statement at 2:00 p.m. new york time. jerome powell will make comments 15 minutes later. amazon ceo
think they were already in a tough place, particularly u.s. banks. it is likely, as this progresses, the chinese will put more pressure on them, the u.s. will have to put more pressure on them. they are going to have to take sides. yesterday a guest walked the overlyot sounding enthusiastic about the decisions he had to make. it is really going to be tough. the chinese will pile pressure on. tom: maybe we will see that pressure today. we have our people in hong kong watching the story. also in beijing, karen leigh scheduled to be with us throughout the money. in new york city, here is ritika gupta. ritika: president trump is due to punish china because of the national the sweeping national law. he finds legislation would chinese that sanction chinese officials responsible for cracking down on political dissent in the city. beijing told the u.s. to quit interfering in chinese affairs. here s a very hong kong brain train are increasing, china moving to tax its citizens globa