Stay updated with breaking news from Shinzo abe. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
and i m not talking hairstyles. donald trump will present his tax plan today. big cuts are expected. will it make multinationals bring their huge foreign cash piles back to the us? and ahead of south korea s election, we hear from whistle blowers on the culture of corruption which brought down that country s president. welcome to world business report. i m aaron heslehurst. if you have about eight minutes, i promised to give you a fascinating snapshot of the world of business and money. let s start in the us. shaking up the tax system has been a major theme of the trump administration. today he s promising what he describes as a big announcement on his planned reforms. in fact mr trump has already said he s planning what he s called maybe the biggest tax cut we ve ever had. take a look at this. during the campaign he talked about cutting the top individual tax rate from 36.9% to 25%. in terms of business, he wants to cut the corporate tax rate from 35% to 15%. mr tr ....
policies, and employment at a 14 year low. macau finally bouncing back from china s crackdown on corruption and excess. rishaad: beijing is to relax the rules on foreign carmakers. local,something fairly the diversions between u.s. rates and hong kong rates. #8081,ring up this chart the cap the highest since 2008, a widening gap, putting pressure on the hong kong dollar, and as result this is what we have going back a year and a half. band and don t forget the 7.75-7.85, weakening here as we have pressure coming rate not being passed bor not reflected. haidi: it always reacts on any move out of the fed, but relief rallyreall turning into this global reflationary rally. we are waiting on the tax plan from president trump, giving optimism to u.s. markets, close to record highs overnight, trickling through when it comes to risk appetite in asia. 30 minutes away from that crucial open. chinese markets in the green yesterday, but trading to four-month lows. singapore, taiwan ....
the senate says she is scheduled for may 8 with former national director james clapper. president trump will sign an executive order on the antiquities act to review national monument designations by some of his predecessors. the law gives the president the authority to designate national monuments from federal land. derek jeter is one person who has won an option to buy the miami marlins. reportedly selling due to the expected to be named ambassador to france. global news 24 hours a day, powered by 2600 journalists and analysts, in more than 120 countries. i m alisa parenti. this is bloomberg. bloomberg technology, is next. caroline: i m caroline hyde. this is bloomberg technology. coming up, uber sets the time and a place to officially test fly its floating taxis. we tell you how it all went down. plus, self driving is the future in phoenix. why arizona s capital city is ground zero for monetizing. and the nfl teams up with wearable tech. how players can cash in ....
after a sneak attack by the taliban on an afghan military base that killed at least 140 afghan soldiers. military vehicles drove taliban fighters dressed in afghan army uniforms past checkpoints. survivors said the militants then opened fire on unarmed afghan soldiers returning from a mosque. mattis called the attack barbaric. the taliban also claimed responsibility for another attack at camp chapman that houses cia and special operations forces. in 2009, seven cia officers were killed in a suicide bomb attack. there were to american casualties this time. the taliban now control about 40% of the country. the u.s. sent 300 marines to hellman province this month. general nicholson said he may need a few more,000 troops. despite a resurgent taliban, the u.s. military targeted isis militants two weeks ago, driving a 22,000-pound bomb on a series of tunnels. there s been no confirmation of isis deaths. defense sent msecretary mattis said 2017 is going to be another tough yea ....
,$8d rw another important story that we re watching tonight is the deteriorating situation in afghanistan. 9,000 u.s. troops are on the ground, trying to help the afghan army hold back a resurgent taliban, but the job is getting tougher by the day, thanks in part to moscow. charlie daggetta has this. reporter: u.s. defense secretary jim mattis arrived as the country crumbled deeper into chaos. the russians are complyisupplyi taliban with weapons. his top general john nicholson made it more clear. that. reporter: the visit comes after a sneak attack by the taliban on an afghan military base that killed at least 140 afghan soldiers. military vehicles drove taliban uniforms past checkpoints. survivors said the militants then opened fire oni unarmed afghan soldiers returning from a mosque. they called the attack barbaric. the taliban also claimed responsibility for another attack at camp chapman that houses cia and special operations forces. in 2009, seven u.s. offic ....