Text a record move in terms of the yuan. The dollar peg has been there for some time. You can see that clearly in the chart. Usingre going to start the market as a mechanism. It is going to be interesting because it will have a big affect. You mentioned the story against the dollar with the euro, with the yen. It is going to be interesting. How does the fed react to that . Reservewill become a currency. Google is front and center. Becoming a Holding Company. Only if you are a stockholder. This is still google. Also in the car area and the future of heating. You made a good point. In some ways Berkshire Hathaway is becoming google. This chinaabout story a bit more. Lets talk about what the mere the Market Reaction may be. Hong kong and find out what is going on here. Take a look at these markets. It is a significant announcement bythe chinese, downgrading the most in two decades. You will see limited moves in terms of market moving to the upside. The dollar you on, there you have it. Ch
How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall affect market to very stable. They let go because the data makes too much sense to start a export growth. Dollar rallying higher. Will it play in for the Federal Reserve thinking of a rate rise . Is this exporting deflation to the rest of the world from china . Will it mean they are less likely to do rate hike . Dollar goes higher. 1. 9 higher. Willolleagues in asia point you through that. Other Ass
Donald trump. They say they will create a million new jobs. Ready to go in hong kong. Singapore, taipei, and kuala lumpur coming online, a day when we see activity. The first trading day of this year, where it would have fallen. Here is sophie. The asfs falling almost 1 there with financials and energy dragging on the index. Japan also joining the fray in the red. The nikkei 225 down for tenths of 1 . Falling, second day of declines for that index. A little change on the new zealand equity index, a little firmer there. Futures contracts in china and hong kong hauling ahead of a consumer and Producer Price data released from the mainland. That will be out in the next half hour or so. One of the big things today, in the currency space, Dollar Strength faltering for a second day. The korean won and the pound are the biggest decliners among major currencies so far this week, but we see the one rally won rally. We see the , strengthening. Maintaining its rebound as we see haven buying, foll
Malaysia tries to draw a line under it struggling state bank fund. The lapses laid at the feet of the former chief executive. Do let us know what you think. Follow me rishaadtv, include trendingbusiness. China markets getting underway and 30 minutes. Juliette good morning. We are seeing weakness coming through from u. S. Markets. Taiwan, singapore, joining in that selling across the region. The nikkei 225 down 1. 4 . Towardshas searched that intervention trigger. Japanese stocks extending falls, deepening a second weekly loss. The big selloff in commodities playing into the asx 200, down over 1 . Korea being sold off, nine tens of 1 . U. S. Stocks sank to sixweek lows yesterday. We saw banking stocks coming under pressure after comments by janet yellen. Basic materials leading the region lower, down by 1. 2 at the moment. ,ome of the big movers particularly in japan. Honda recalled 143,000 vehicles byjapan, and airbags made daicel failed to deploy. Fast retailing down almost 10 after i
Threatening to penalize tax havens that do not share information on their clients. Boston is marking the third anniversary of the deadly 2013 marathon bombings. The governor and mayor joined survivors and victims families for a wreath laying ceremony on boylston street. The city observed a moment of silence. Global news, 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. Bloomberg west is next. Emily this is bloomberg west. Coming up, apple pushing hard against a court order asking the company to unlock another iphone. We will bring you all the details. Plus, is the future of Net Neutrality under threat . We look at a new bill making its way through congress and what the new rules could mean. And japan rocked by the second powerful quake in 24 hours. We will check out what the rest of the world is doing to catch up. First, to our lead. Another tug in the tugofwar between apple and the fbi over encryption. The Cupertino Company refusing once