Foreign purchases. We have the first public impeachment hearing testimony revealing the president s lawyer was digging up dirt in his shadow diplomacy in ukraine. Howi lets take a look at we are setting up when it comes to the start of trading here in sydney. Investors dealt a pretty mixed hand overnight. Stocks closing pretty close to fresh record highs. Still, uncertainty over the lingering trade negotiations continuing to chip away at sentiment. We are hearing potentially the agricultural purchases that had been a solid part of the phase i deal could be in doubt. China reportedly saying if these tariffs are not resolved, they could back away from purchasing more u. S. Soy and pork. Taking a look at the picture, just about 1 10 of 1 . Watching the labor market numbers, typically quite volatile, could be a move in the aussie dollar. New zealand, upside about 1 10 of 1 after the reserve bank of new zealand held on rates for their last meeting of the year somewhat unexpectedly, causing
Import and inflation data. Lets have a look at other price action, some of the stocks to watch. As the yield is lurching lower, some changes, but look at the dollar spot index as it moves to the psychologically important 100 level. A bit of appreciation as we had malaysian bonds kept on watch. The ftse index weve been talking about. 9 sinceices are down september 15. Thats currently what we have and we are seeing prices recovering a little bit, two cents. 17. 84 for an ounce of silver. Lets take a look at what else is going on. Weve got events in hong kong, certainly leading to corporate there. Perhaps trying to get on the right side of the narrative, which is the subtext behind the protests on the streets of the territory. Heres su keenan with the first word news out of new york. Su lets get to it. Second hong kong developer says it will offer land for Affordable Homes if the government moves to invoke legislation. The South China Morning Post says Henderson Land will provide one mill
Where hundreds die every year searching for green gold. Announcer live from our studios in london and singapore. This is bbc world news. Its newsday. Good morning. Its 8am in singapore, 1am in london and 7pm in houston, texas, where the top 10 democrats vying to take on donald trump next year are taking to the stage for a televised debate. Front runnerjoe biden will go head to head for the first time with Elizabeth Warren, his fast rising rival. But others like Bernie Sanders, kamala harris, Pete Buttigeg and beto orourke are all looking to make their mark. Laura trevelyan is in houston. Shes watching it all from there. Laura, obviously its the first time we are seeing joe biden come head to head with Elizabeth Warren, but there is a lot of other contenders too. What are their chances . Well, thats right. Theres ten candidates on stage tonight. The debate is about to begin. They have all filed in and are behind their podiums and finally the top contenders to take on donald trump and wh
Slightly. Hasnce minister of japan repeated his call for higher wages. He says that japan can help that recovery by raising gas pay plus business investment. Market ther tightest labor market in years is in japan. Bitcoin has stemmed a decline over the Holiday Weekend after failing to hold a selloff that began when its rally fell short of 20,000. The tumble coincided with warnings from financial authorities about elevated risk in digital coins. Israel has banned companies from trading bitcoin in their exchange and Mitsubishi Ufj is bracing for a Bitcoin Exchange to fail. Vietnam has evacuated hundreds of thousands of people from the mekong delta ahead of a powerful storm was killed at least 160 people in the philippines. It is expected the storm will hit the deltas southern tip with heavy rain and strong winds. In typhoons hit the area 1987, Tropical Storm linda killing over 100 people in leaving more than 2000 others missing. Global news 24 than 2700 journalists in more than 120 count
Economic data. We have the Chinese Industrial province. This dovetails into what is happening with the story in the morning and what it will mean, phenomenal gdp. Matching statistics, they are profitg in november and growth is expected to edge down to 25 year on year in october from 27. 7 in september and we have continued to eke slightly in november but lets see where we come from. We were seeing profits under some pressure. At the moment, it is that at the moment. Growth in the pipeline. Some more movement. , as those numbers are out look at what is going on elsewhere. We have markets back online today following the christmas break and taking a look at what is going on with shares in singapore. Recovering from tuesdays drop. ,hey are resuming gains marginally higher this wednesday and following the text want. That is in focus and snapping a. 1 of thep gaining open. Lets check in on the supplier in taipei. In that stock under pressure and falling for a second day. That forecast being