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the rva tells bloomberg it may consider multi-pronged stimulus to put some extra wind in the economy s sales. we are coming to you live from bloomberg s u.s. and hong kong headquarters. betty: the big story developing, the big story out of france. a truck has driven into a crowd in the southern city of nice. it happened shortly before midnight as crowds were celebrating bastille day. paris tell us so far what you know. on the waterfront, the english promenade, this is where people were watching the fireworks, 10,000 people, locals and tourists. watching the bastille day fireworks. a large truck, apparently the kind of truck used to deliver fresh products, ran into the crowd watching the fireworks. the crowd was looking at the sky and the truck apparently drove into the crowd, several hundred twors, maybe up to kilometers, killing dozens of people. dead.ly 30 some sources are saying the numbers may be higher than that. reportse are getting from the interior ministry, t ....
shift in preference toward developed markets. australia is up for the eighth straight week. closed. nothing life-changing, though. a preference toward developed markets. look at taiwan, for example, this is a very good symptom, if you will, looking for a place to be part. the latest member of the bull market club in asia. number eight across the asia-pacific. something to keep in mind. i was talking about the rmb, take a look at the shanghai composite. we are seeing a lot of pressure on this market. pressure on asome lot of these developers, materials, cement. have a look at some of the main benchmarks. we are seeing some pressure. up with thethings kiwi dollar. dropped early this morning following inflation data. at these levels for the most part of the morning. yvonne: thank you so much. softbank said to be nearing a $32 billion deal to fire british so my conductor to fire company.emi conductor this is going to be a blockbuster deal. acquirebillion deal to arm h ....
buying back $1 billion in shares. do le us know what you think of our top sto. let s get into this next picture across the asian market. here is a look at what is behind sentiment. we do have singapore unemployment data to in an hour and a half. it is expected to rise from 1.9%. malaysia coming online. pressureeen downward on the kospi. it is down by 2/10 of 1%. samsung reported its earnings today, but weakness on japan s equity market as investors were given that surprised by shinzo abe prime minister. we have seen the yen strength and and the world in the boj s court, awaiting their decision tomorrow. australia, some upside there on the rally in gold. weakness in other mining players. some mixed movement on the base metals exchange in london. new zealand down by a 10th of 1%. a little downward pressure coming through once again. the yen,look at falling through that 104 handle, up 6/10 of 1%. indeed, earnings season continues apace. samsung electronics reporting impr ....
that could be the first signal we have seen of the impact of brexit and other geopolitical concerns on the chinese economy. in june, imports down 2.3% year term.r in china s exports better than expected, rising by 2.9 percent in july. the market was looking for a figure of 2.3%, well up from the 1.3% rise in a sports year on year in june. certainly, a big boost in terms of surplus. a big miss in terms of imports. there has been the impact of the brexit vote. exports rising up by 2.9%, so at least some good signals there in terms of strong demand for china s exports. still awaiting u.s. figures to come through. bloomberg was suggesting we should see 47 .3 billion trade surplus for july in u.s. dollar terms. the quick math on the trade balance, 51.5. we have to wait for these to be the be averaged out, but it still come in terms of, looking at imports and u.s. dollar term imports. the estimate is 7%. that should be a little slower in terms of what we saw in june. export ....
from the chamber of commerce yesterday we go live now to the senate floor of the white house where president obama will be officially welcomed singapore prime minister lee hsien loong, the first official visit from that country since 1985. the prime minister did it with president obama in april of 2013. just to let you know today it will be a joint news conference with president obama scheduled 11:40 a.m. on c-span and the state energy by starting with guest arrivals just before seven eastern. we will have that for you live on c-span. [background sounds] [background sounds] attention. right face. [background sounds] [background sounds] [background sounds] [background sounds] ladies and gentlemen, the president of the united states, and mrs. michelle obama. [inaudible] [inaudible conversations] [inaudible conversations] [inaudible conversations] present arms. honor guard. [background sounds ....