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down by 1.5%. south korea, 2% drop. 2.6% move in australia. japan is closed today for a holiday. we are signaling another dismal start to the week. this on global growth concerns, trying to figure out the trajectory of the fed s latest interest-rate decision. those s&p 500 contract future signaling a third day of declines. rishaad: despite lowering its growth forecast, india will be the fastest expanding major economy over the next few years, being called an exception to the gloomy outlook. let s get more from the india summit in hong kong. stephen engle is there. steve: good morning. minister arun jaitley is meeting with potential foreign investors in hong kong. he is our special guest this morning. you are meeting with potential foreign investors. india has projected and one of the highest gdp growth rates of large economies. there are still a lot of pressures and growth concerns with the consumption, exports, car sales. the concerns will be there. we are not in a uto ....
london headquarters. i am francine lacqua. decision not to hike interest rates last thursday. morning that the euro may fall. let s get some quick reaction from andrew parry, he is head of equities. he manages 29 billion pounds in assets. thank you for joining us. andrew, your first quick thoughts. we disappointed that the fed did not take that window to hike rates? andrew: you can see in the markets reaction that everybody disappointed, even though it was expecting them to raise rates. how the markets reacted was a clear statement. that was the frustration. is the message that they are sending in the dumbest comment. is it the conditions that are worrying? francine: are you worried about china? a focus on m&a for example. andrew: we try to focus on the bottom up. statement,ays a economic start to admit as statistic. statistic. a broad direction of travel is important. that s what the market is reacting to with the fed. did they leave us hanging? thats been a long per ....
alexis tsipras and his new democracy rival rule out forming a coalition as they go head to head ahead of sunday s election. auto stocks are shifting up a gear as they rose for the 24th straight month. they are not concerned by china s slow down. i guess nobody really could predict this. we are not so much concerned because we did our homework and we have a very attractive portfolio. let s get straight to it. checking in on european auto stocks, out performers by the names of fiat and diamler. let s get straight to the frankfurt motor show. a close to 10% increase in car sales in the month of august just below the average of its competitors and nancy just whole with the chairman and ceo of nissan and asked about the impact of a china slow down. well, you know, as ceo of renault which has no presence in china, the fact that the chinese market instead of growing at 8, 9% is forseen to be growing at 3 or 4% is no concern. for us, china is just an opportunity. no m ....
these buses are how most kurds get around. we were accompanied by a female fighter who is 18. the famous syrian hospitality is very much in evidence. even when we visited fighters on the frontline on this day, goat and bread was on the menu. you simply cannot refuse. beirut walsh is based in . the killing of osama this ,> out here in the open ground with isis in the next village, they still scorn their leaders. if french or american fighters come here to fight, we will cooperate with them. even the mosque littered with mines. the silence here is breathtaking. you can just hear the complete absence of human life. there s little in victory left to fight her. this is a very difficult journey for them. i can t live in turkey anymore because i can t of normal rent. another person sweden is going to sweden. people are actually in good mood they haven t quite registered what it s going to mean for them. while i was talking they did say i can t afford to live in turkey ....
ferrari is heading to india. sale.ndred $85 million $125 million.tee he will invest $20 million more at the company. hong kong and china closed for lunch. points. seng up 96 the shanghai composite flat. the nikkei composite looking down. time now for bloomberg west. emily: i am emily chang and you are watching bloomberg west. patience is not a very for some other shareholders. activist investors pressuring the company for immediate and dramatic changes. survival of the fittest in the semiconductor industry. we will take a closer look at why so many chip companies have the urge to merge. taking a plunge in a high-tech treasure hunt. a new competition to map the ocean floor. first prize, $7 million. first to our lead. the hits keep coming at yahoo! c.e.o. marissa mayer. less than a week after she laid out her plans to turn around the struggling giant, activist investors are turning up the heat. over the weekend, one of yahoo! s largest shareholders urged the board to be ....