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Headquarters in new york, it is just after 7 00 p. M. Sunday evening. It is just past 7 00 in the morning as we look ahead to what may be a tumultuous start to the trading week. May be indeed. Our top story is the rising threat from north korea. Pyongyang saying it tested a Hydrogen Bomb at the weekend, claiming it has fitted a Nuclear Warhead onto an icbm. High, thens are highest since the cuban missile crisis. Do you feel that tension right now as the South Koreans get to work here after seeing what happened over the weekend . It is quite remarkable. You dont feel that tension. Traffic seems like business as usual. Scheduled fashion show expected to be happening in the Business District around 5 00 this afternoon. Rehearsals are still going on. It just goes to s ....
Home turf. Betty hello and welcome to daybreak asia. I am betty liu at Bloomberg Global headquarters in new york. Been on thes u. N. Voting on these tougher sanctions against north korea, but not tough enough, right . Of the oil embargo falling far short of that that was talked about were discussed by north korea. Still, this is going to cut north korean exports by about 90 , and that is still going to have some bite on north korea. Haidi absolutely. Looking at these numbers, the sanctions cutting 55 of north korean death, diesel, and heavy fuel. Energy short of that embargo as well as the freeze on his assets that have been sough t. It is a little bit of a compromise because it was widespread expectation that the sanctions would not have gotten the vote of china and russia. Betty ahead of all of this news, which was widely expected, the market had a steady day a seller day. A record for the s p, with leadingls and techs the way ....
His plans of international expansion. Christ hello and welcome to daybreak asia. Heidi, we have been following these headlines the last hour about north korea launching yet another missile. Very similar to what japan says happened on august 29th. No response from the u. S. Or china, but clearly theres got to be lots of phone calls happening in the scene. Therere getting news that are National Security council being convened with south korea and japan. The shows out and saying this is an unacceptable situation to have another missile test of of course we are waiting for beijing. We are waiting for any response from washington to claim responsibility after this kind of event. Threatening to sink japan, saying they were threatening to cast the u. S. Into ashes and darkness, all of this in response into mondays u. N. Sanctions. Tokyo. Go straight to chris, what has been the reaction of the latest in terms of the government response ....