Its going to take a combination taser and take more officers. Reporter as long as k2 is on the streets, First Responders will continue to get hurt. Its not just us. Its the firefighters exposed to this. And the police officers. Mainly its us, the primary emergency medical care, the paramedics and emts. Reporter it is illegal in new york city. Stores have been issued warnings to remind owners it is against the law. Back over to you. Antwan thanks so much. A break through in the search for a Malaysian Airlines jet that disappeared a year ago. Alison experts have identified a piece of wreckage from the missing plane. Arthur chien joins us from the newsroom with what investigators have uncovered. Reporter what this is telling the experts is that this is part of the flap that is hinged to the week. The fact it broke off tells them the plane might have been ditched intentionally and searchers have been looking in a different part of the indian ocean for the aircraft. The piece of the wing is
Business confidence is plunging. Haidi more disappointing news from the factory floor and japan , machine orders slumping, Producer Prices staying flat. Rishaad the long and short of it, hong kong stocks being targeted by skeptical researchers. Of course all this Political Drama, the British Election, james comey and his testimony to congress. Having a look at gold. Start toshed in and buy gold at times like this as a haven play. This is 502, a look at the last three weeks. Have had three weeks of gold prices falling. Never mind if you look at gold in sterling terms, but gold is priced in dollars. We could be heading for a negative fourth week third week for gold as well. Haidi thats right. You mentioned that excellent point about gold being a currency play. You look at this chart. It is showing that correlation of the prices metal priced in sterling gaining 2. 2 after that calamitous result in the u. K. Of election. That is very much isolated when it comes to bullion nominated in ster
The ting jay y. Lee as investigation into south koreas scandal looks to iden to other conglomerates. Takata surges in tokyo after maker ubled airbag settles on a billion Dollar Settlement in the u. S. And with trade data from china will the implications of presidency be reaching. Examining reaction to at whats ng going on as far as the yuan goes, were still about 29 inutes away from the start of trading here in Hong Kong China a mixed picture when it comes to whats happened so far. Who is ve look at coming online and how they are changing the narrative. Malaysia, all starting their session. Kick off with in thegoing on, currency space given that a dollar is showing weekly loss. Fed chair yellen bolster the case of tightening policy. Traders tell us that funds overnight low to further unwind dollar ong positions and that laernl exporters are seen elling the yuan keeping below the 1,200 yuan level koreafter the bank of held its rate at 1. 25 , as largely expected. We do have gold steady
Sailing into stormy waters. More territorial tension between hanoi and beijing as china launches naval drills. Sovereignty their is being violated. You can follow me on twitter. Dont forget to include the hashtag trending business. China and hong kong markets get underway in 30 minutes time. Singapore, taiwan, and my later have come online. Lets go to david. David we are looking at declines in the early hours of asian trade. It is hard to not figure out what the next catalyst will be that drives equity to the upside. Volume is dry. The u. S. Was closed overnight. The jobs data is coming out. Equity markets, which have enjoyed a fiveday run are having a bit of a blowback right now. The rba trade numbers and retail sales are due out in 30 minute time. Asia looks like this. Down. 33 . These are the mining stocks. Going the opposite way for obvious reading is obvious reasons. Have a look at silver. Have a look at gold. Platinum also. Silver touch 21 yesterday and this is where we are havin
For an election result in tell tuesday. Big business said the growing uncertainty is the worst possible outcome. Marketplace seen as chinas craigs list has gone from beauty to bes. Auto is burning through cash. You can let us know what you think of todays top stories by following us on twitter. The china and hong kong markets underway in 30 minutes, but singapore, taiwan, and malaysia have just come online. Here is david. David the question is what is not happening. Dense across the asiapacific, very mixed. Everything together, we are flat, so we have to wait another day for the msci pacific to hurdle the brexit losses. As far as all of asia, recouping those losses, largely down to the lethargic session in japan. Flat right now on the nikkei 225. Same across currencies, exception is aussie dollar. We are in limbo in a moment. We have the rba decision tomorrow, and your first instinct would be to reduce your long exposure. It has managed, to recoup some early losses. , last week was a b