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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 ....
thate seeing signs drillers are fearing a slump in crude prices. hot property, china june home price data will give us the latest look at how the wider economy is doing. we will break those numbers down for you and 30 minutes. follow me on twitter. don t to forget #trendingbusiness. get underway.ets singapore and malaysia have just come online. , that is theg short of it. it is a very unexciting day so far. we are looking for the next catalyst. frosty,ns looking multi-year highs for some. asia mixed. basically flat on the msci. blames are quite thin, especially in australia and center -30% thinner. we are looking at the drop in the kiwi dollar. we were looking at gains post-turkey into early this morning, then inflation data came out. .5%, but therer is the drop their, a 1.3% drop. once the data came out, the a 62% chen chance chance that the central bank could cut rates. as far as the markets are concerned, this is one of the least exciting at the moment. angie: n ....
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 ....
commemorating 30 years of the u.s. senate on c-span 2. now a conversation on urbanization around the world and what it means for geopolitics, the global economy, climate change, and other issues. among those we ll hear from, chicago mayor rahm emanuel, former treasury secretary ankh paulson and the governor of bangkok. [ applause ] thank you very much, indeed for that lovely welcome and on behalf of the financial times, as the u.s. managing editor, i should say we are absolutely delighted to be partnering with the chicago global council on this very, very important event. that s not just because we love chicago here at the ft, although swernly do, particularly when the weather is like this. and it s not just because we love smart conversation with intelligent people. and looking around at you at the audience, i know there are a lot of people who have a lot of ideas to offer on the future of cities and i look forward ....
monday night at 8:00 eastern on c-span two. now, a look at the global impact cities have on business, the environment, politics, and crime. speakers include chicago mayor rahm emanuel, former treasury secretary henry paulson, and representatives from the u.k., singapore, and thailand. this was cohosted by the financial times and the chicago council on global affairs. it is just over one hour. [applause] thank you very much, indeed, for that lovely welcome. on behalf of the financial times, as u.s. managing editor, we are absolutely delighted to be par partnering with the chicago global counsel on this very important event. not just because we love chicago here at the f.t., though we certainly do, particularly when the weather is like this. and not just because we love smart conversation with intelligent people, and looking at you in the audience, i know there are a lot of people who have a lot of ideas to offer on the future of cities, and i look forward to hearing ....