To fizzle . We look at whats been driving the trend is for bitcoin and other crypto currencies. The us is getting closer to reforming its tax structure for the first time in 30 years but what could this mean for multinationals in asia . Good morning, asia, hello, world, glad you could join us for this midweek addition of Asia Business report, im rico hizon. The price of bitcoin has plunged more than 10 to below 16,000 on some crypto currency exchanges, from 20,000 earlier this week. A couple of reasons, the Us Securities Exchange commission has suspended trading of a popular bitcoin related stock that has soared in recent weeks, citing concerns about market manipulation. Their share price had risen an eye watering 1700 between the end of september and monday evening before the sec intervened. Analysts are citing profit taking ahead of the holiday period as another reason for the price. Bitcoin has captured the attention of the world this year and asia has been at the forefront of the c
Hillary clinton and previous secretary of state for poorly managed email practices and systemic weaknesses related to communications that started before her tenure as secretary of state. But her failures were singled out as more serious. An aide to donald trump says theres a call to break a weeks long impasse over an endorsement from the speaker, which trump aides believe is imminent. A jailed Ukrainian Pilot has been released and sent home from russia. She was exchanged for two russian serviceman being held by ukraine. Global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. I am mark crumpton. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Microsoft has the tech giant , waved the white flag in the smartphone wars . At t makes its move on yahoo after holding back in the bidding war, they are now all in. We will tell you what the power play means for verizon. Peter thiel strikes back. How hes been secretly fund
Good evening. Our don knapp talks about a plan that has our homeless do the job. Reporter this hop hrar freeway ramp does not say the popular freeway ramps does not say welcome. Reporter the solution, pick up the trash. But who . The city, the county . Caltrans . I have been down there in person. I called up the head of fire here awhile back. I complained to the chief of the fire, the captain. Reporter the concern here is that this mess mars a gateway to silicon valley. San jose state, but another concern, broken windows and abandoned buildings. Reporter it gives the message that nobody is paying attention, nobody cares. And therefore i think it is increasing the crime in our neighborhood and in san jose. Suzanne thinks cashstrapped caltrans has been playing favorites. Our of our beautiful peninsula looks beautiful, no trash. Resources can be down here where the population is higher. Reporter if cal trans does not go for that, they say that maybe Homeless People can do the job folks th
Negative for the virus. This weekend he went to the hospital in his tphaeufit, massachusetts with a cough and fever. The doctors believe it is a respiratory infection but he is retested for ebola has a precaution. Guidelines and protocols we sent blood work to atlanta to rule out the ebola virus. They are tracking 50 people in the dallas area who had contact with duncan, the only person diagnosed with ebola in the united states. The authorities found a homeless plan believed to have ridden in the same ambulance that transported duncan and at low risk. Reporter duncan fell ill shortly after he arrived from liberia last month and his condition worsened over the weekend. I would not be surprised if one of the people who came into direct contact with mr. Duncan when he was ill will get ebola. But it is unlikely there will be an Ebola Outbreak in the u. S. Because the scientists know how to stop it from spreading. So far those with contact with duncan have not shown symptoms. Back to you. T
Those of the one percent the rate was zero point three percent in the previous quarter. Investa has had the much famed egrets fact k japan has a non entity wants to see if things will continue to go the same way after the consumption tax goes up in april. I havent read this now from what is incense died that morning my captain and yes that consumers do you know that this tax hike is coming up right now the sales tax at five percent and thats going to go up to eight percent in april and to top it off the people in this country havent seen a tax rise in seventy years. So before it goes up people have been buying up big to get nine and cars Home Appliances even jewelry. The injured the rise in Consumer Spending rose zero point five percent Corporate Capital investment also increased. Some Business Leaders were hoping the weaker yen would help boost exports by foreign demand was down by zero point five percent and theyre finding out that theyre not doing as well as they had expected. Lets