Countries. We are continuing to see the corporate fallout, we will get more details on airlines. Delta saying it is suspending u. S. To china flying routes through april 30. Asked theirsoft staff to work from home. Amazon as well. The longer it takes to test anybody, the greater the risk they will be spreading the disease. Mike pence saying most cases are mild and they have flulike symptoms. Compared to the tests the u. S. Have carried out, 2000 by the end of last week, compared to 140,000 in south korea. In the u. S. We are seeing 11. Lities rising to this is having a concerning impact on the markets. Lets get to the Market Action. Speaks,president pence we see markets accelerating losses. Now trading at the lowest level since september. The chinese equity come back facing a roadblock. Seng headedg hang for its lowest level of 2020, and s p 500 futures extending the trading session losses, closing down 3. 4 , now off 0. 8 . Earlier futures were moving higher as much as 0. 7 , so quite
Hong kong is gearing up for more protests this week meanwhile beijing is putting pressure on Big Companies to distance themselves from the protesters Central Government government has taken an increasingly firm tone over the protests accusing Foreign Countries including the United States of inciting unrest u. S. President on notrump on sunday want to china that carrying out a Tiananmen Square style crackdown protesters would harm trade talks between the 2 countries china agreed to allow hong kong to keep its unique freedoms when the former british colony was handed back in 1907 but many homeowners feel those freedoms are being chipped away beijing has pressured hong kong businesses to toe the line and condemn the protesters. Further edging is trying to keep hong kong on a tight leash because it cannot make li full control over the city is vitally important for china and heres why nearly a 5th of chinas Foreign Trade passes through hong kongs content of board and force of the lions shar
Over the protests appear in different ways. Chinese state media reported public anger after stuff from Hong Kong Airline Cathay Pacific took part in protests on friday cathay c. E. O. Rupert hogg resigned cathay shares rose on the news investors clearly do not like to ruffle feathers in beijing and markets are banking on easing tensions in hong kong in the Financial Sector the big 4 accountancy firms k b m g e y deloitte and b. W. C. Scramble to publicly distance themselves from an employee showing solidarity with the demonstrators jar deans which owns the Mandarin Oriental hotel group issued statements backing the Hong Kong Police other big firms may also bend to chinese pressure this month just b. C. Us to chief executive john flint the bank had been in chinese crosshairs over its perceived role in the u. S. Prosecution of huawei c. F. O. Among one joe. So the Big Companies distance themselves from the protesters keen to stay in beijings good books that some smaller businesses in hon
Friday cathay c. E. O. Rupert hogg resigned cathay shares rose on the news investors clearly do not like to ruffle feathers in beijing and markets are banking on easing tensions in hong kong in the Financial Sector the big 4 accountancy firms k p m g u y deloitte and p w c scrambled to publicly distance themselves from an employee showing solidarity with the demonstrators jar jeans which owns the Mandarin Oriental hotel group issued statements backing the Hong Kong Police other big firms may also bend to chinese pressure this month just b. C. Us to chief executive john flint the bank had been in chinese crosshairs over its perceived role in the us prosecution of huawei c. F. O. Among one joe. So the Big Companies distanced themselves from the protesters keen to stay in beijings good books but some smaller businesses in hong kong are proving to be more subversive one even leaving political slogans and sweet treats inside the sweet taste of low 2 seeds on the outside politics chinese sig
Over the protests appear in different ways. Chinese state media reported public anger after stuff from Hong Kong Airline Cathay Pacific took part in protests on friday cathay c. E. O. Rupert hogg resigned cathay shares rose on the news investors clearly do not like to ruffle feathers in beijing and markets are banking on easing tensions in hong kong in the Financial Sector the big 4 accountancy firms k p m g e y deloitte and b w c scrambled to publicly distance themselves from an employee showing solidarity with the demonstrators jar jeans which owns the Mandarin Oriental hotel group issued statements backing the hong kong police. Other big firms may also bend to chinese pressure this month just b. C. Us to chief executive john flint the bank had been in chinese crosshairs over its perceived role in the u. S. Prosecution of huawei c. F. O. Among one joe. So the Big Companies distanced themselves from the protesters keen to stay in beijings good books that some smaller businesses in hon