a failing to support a fragile recovery. storiesk about those and we will get a paul's of what is going on. pulse of what is going on. >> i want to get some currency news. s the dollar exchange rate. e to have devalued the rat 21,683. you can see at holding against the u.s. dollar and it is down by 3.2% year to date against the dollar.

there is a lot of emerging-market currency in focus at the moment and we are seeing it continue on the shanghai market. is down at market the moment and had a slump yesterday. a little bit more volume coming through in hong kong. it is coming on and is exacerbated yesterday with weakness in the philippines. prices and this is the trend in china. we are seeing export growth slowing in july and pressuring manufacturing. up and new zealand is up

with some quick gains coming. seeing what happens in china and the wild swing. it looks a little more settled this morning. japaneset of the economy and the stimulus. the economy is struggling to emerge. >> it is rising from down in the previous month. imports are less than expected. of $2.2 a trade deficit billion and it would be more than three times the deficit we saw in june. it adds pressure on the economy, which shrank in the last

quarter. act in negative territory . the consumer confidence tumbled to the lowest in six months. will boostmic data calls for stimulus. to the minister says that a package of 28 lien dollars is needed to lower the income on households and he suggested that it should be delivered as a subsidy and that the additional spending can be funded from a higher-than-expected tax revenues. earlier this week, he did not expect to add the fiscal stimulus and he said it would be more effective than the central banks. we should be on the alert

because of further declines causing the boj to act. deadly calming attack threatens economic growth in the vital tourism industry. it has been under serious correspondenthe is in bangkok and looking at what the mood is like today. >> it is behind me and candidates expect to see at. that would either case. it is still recovering from the blast of two days ago. erupted just yesterday. it is usually used by the

tourists and the locals. there is a sense of expectation that they have to be there and herein lies the problem of the government trying to be so confident. investors have been sitting on the sidelines and trying to decide if the growth has been muted. 2.8%. take a look at where the stock market is right now. you talk about the weakening and it threatens with a lack of confidence in the economy and the question is about a blast we saw and the government has been and they get a report

suggested that the minister is considering a new economic team. about the method boost is an attempt to investor interest in the country . >> we want your opinion. we have a look at other things we are watching today. the recall crisis may get worse before it gets better. there is a looming shortfall in air bags.

regulators had repairs among incidences with airbags. injuries andrious at least eight yes. shares are -- soaring today. there are multiple divisions of the company and widespread financial control problems. it led to the reformation of the the number of independent directors has been expanded. airbnb is looking to move up a property ladder in china. the company hopes to tap into the markets. fastest already the

growing market in the past year and rents accommodations. airbnb remains focused on tourism. difficult foren countries to break into. >> mitsui channels james cameron with mechanical suits. take a look at that. later on the program, we will and the stake in the online marketplace. we will have the details right after this short break. we will have the fallout from the bangkok bombing attack and trending business continues.

theontinuing a slide as economy reels from the bombing. showedevision footage that he arrived with a backpack and left without it. the economy was already creaking. he says they may replace the spokesman and information technology industries. we have lucinda almond -- haslinda almond.

>> they have many stories and it is no longer the same. and thailandpacted is known for resilient tourism. morning and the industry is already seeing cancellations. >> it happened a few times before and we had challenges in with red shirts and yellow shirts. an it is strong and we think the rebound will be quite fast. >> the kind of cancellations you have seen. in the press.een

not much. the processing we are seeing is in social media. we are seeing the guests are week, they and next glitch is going to be in the big -- short-term. dozens ofe upgraded hotels. in particular, bangkok. >> from our perspective, we are communicating with our guest. >> have you increased security? sure it ismade

guestsnt and we have that are comfortable with that. what you have to rethink the numbers? through a lowng season and we have time. be fast.nd will it will come really strong. area where wen are not seeing today. how does this impact the chinese markets? >> many will come to the other

us. they are not being affected. it is just bangkok. it is tourism and as long as they are well informed, they are happy to travel. it stays out in bangkok. >> it feels confident. are you seeing that the government is doing enough? >> i think the government has andn certain measures today and thest protections government is taking steps. we have seen the tourism stepping in and taking steps. >> we will have to leave it

there. we have been speaking to the ceo and there was a feeling that they are not sure if it is safe yet. >> thank you. headlineory making around the world is sri lankan it fell just short of an absolute majority in parliament will stop the former president wanted to go to high it was just 2% on the results. indonesia says there is no in the plane crash.

all the bodies have been accounted for and the bodies are expected to be recovered today. wasesses say that it mounted in dad weather. the flight recorder was found and may shed more light into what happened. human cost of the devastating explosions has risen with more people still missing. the economic cost may meet -- may reach $1.5 billion. the claims are surging in the coming weeks. withof it remains closed seeking of facilities. >> we will have more after this short break with companies there. when trending business returns.

profit andounced a we will have more as we get evidence. and the resource >> the result was

and thethe half year story is $2.5 million. the share price is up this morning by 2%. i was not expecting anything fabulous. they enjoyed it. clobbered by the price huge reversal. problems when the

seaworld -- seawall collapsed. it to beexpecting unchanged today. about a strong set of results earlier. >> much better. had a full financial year in charge. fortunes in the full-year profit. the final dividend is the shares. was well-known that they were aterally area to in a whole,

one point. chinaant to expand in with the budget for the chinese markets. >> thank you for that. , -- cial media >> thank you. focus on theine the vocu terrible tragedy in thailand. there is a bangkok coming and at least 20 people were killed there. 123 were wounded. we are seeing some security footage about a suspect linked to that. it is the person in the yellow t-shirt. this happened in the center of the city and it was a easy

shopping district. a lot of people commented on the shopping and said they did not get -- they can get clear images of pluto and cannot get clear shots of this. people are disappointed we cannot get a clearer picture in this tragedy and they have some and hisrom the minister british citizen was killed. there was a 19-year-old law student. >> we know what happened afterwards. we have a tragic story of china and so many unanswered questions

about residences -- residents in china. agency was inews black and white. on social media, there is a lot of satisfaction. they are referring to the black and white logo. it is many conspiracy series and there are few answers and confirmations.

indeed, it was a tragedy and some asked for action. neighbors, we should note the significant loss of life among firefighters and no clue what they were getting into. absolutely. they race to the flames. how can you put out the flames with a ferocious fire? >> we will send it back to you. six-year low with the slowdown in china and we will ask how low it can go when trending business is back. the only way to get better is to challenge yourself,

and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. ♪ ♪ ♪ get excited for the 1989 world tour

with exclusive behind the scenes footage, all of taylor swift's music videos, interviews, and more. xfinity is the destination for all things taylor swift. host: a look at top stories with the stocks in shanghai. supporting the market and investing in the ale out with the shares. in july.runk the growth is down in july and it is not providing much support for the economy. and is $2.2 billion.

he arrived at the back and left without it. trips and it continues. thank you for joining us. there is a hospitality in thailand. >> allow me to express condolences to the emily's affected by this. the overall high economy

going through many challenging tasks from the first half this year. overallhe and tourism. incident that was more difficult for the economy with the tragic incident that happened today.

in bangkokmpact felt ? they have other parts of thailand. >> the bangkok-based property fromad cancellations singapore, malaysia, in hong kong. they have to take the cautionary measures to cancel or postpone all of the meetings. talking 100-200 rooms. the comingpect in thailand.r

looking at the latest figure on the island resources and who gets it, it is still doing well, despite the tragedy. weaknesst about the year.bated in the last >> you have a separate one. you have projects and hospitality. appreciated this year and

that instruction equipment protects the cost. we have seen the room with the malaysians the hitting the tourists. it is thanks to the depreciation. it is his list and hospitality dismiss that counters this kind

of situation and takes benefits up to change the environment in the market to volatile currencies. for thatnk you so much from bangkok with the latest on the aftermath of the allman. let's have a look at the market and the session with the decline. let's have a look at what is moving. waiting for the open in half an hour and there is a bit of a mixed picture in asia down with hong kong with the bitnding

of weakness coming through. oneung came off of the big in the last couple of days and shown with this. heading into the ones break, down .5%. japan growth is slowing and manufacturing is having a writer day in australia with companies we have heard from. winemaker does incredibly well today and the some good gains coming through. currencies we have been keeping an eye on it and it weakened the exchange.

this is the third time this year and it is currently at -- against u.s. dollar. look and ita quick u.s. dollar. the and itopper is slipping is because of rate concerns in china this year. is it down to fun elementals? both.is a bit of >> it would be. >> we have economic data from china and the demand drivers for metal are not picking up.

manufacturing is not picking up. the stockent says market is slumping and it drives a notion about the chinese economy. we look at the official beta that some tape with salt. that.nnot hide >> that is true. and a six-year low with aluminum and nickel. that is the underlying demand chineseer in the economy is the climbing.

exactly. it is across the board and we are waiting on the demand to with export and import to manned. it likely to get worse? what are the people telling you about that? overshoot? to think a lot of people say that the fundamentals do not improve. they say that he is still .aiting for that

complex ande the we're checking on some of the other stories and china is pushing for more with the imports. producers exited the it is heard in the u.s., mexico, and canada. in china because of the growth. cuttingrve take is interest rates. they say that the inflation is under control. this is from the finance

minister and they say they need for for the targets set january. tanks tot profile of ensure state lenders has dropped, right seeing at a record high. the lenders account for 70%. , stock turmoil in china. at economy and let's look that with su keenan and the summary of the action on wall street. >> it was a down day. close touations are unchanged. the economy and the producers.

about thea surprise housing industry. there was 12.8%. it means that future construction will proceed at a walmart is will stop down 3% and they reported the largest retailer. byy have been heard fluctuations. things got worse for walmart. is outside the u.s..

helpact that it did not was surprising. earnings were after the bell and the global media and other community aspects. it is 150.4 and extended trading. roleocial media and for the revenues that beat the is one of thethat higher ads.

it was almost twice the estimate and it was backed by the alibaba group. theave the latest in after hours. su keenan, bloomberg news. toshiba and a permanent president. we will have the details after this.

host: stories are making headlines with the tail out. lawmakers and four of them were abstaining.

leader says that she is forming a political alliance and the parliamentary speaker and noble laureate said it clear who makes is the enemy and who is the ally. security forces surrounded the headquarters and confiscated the documents. united airlines had to expand operations and was having issues with slot that fit in with travelers. the interim president wanted to bring in --

what do we know about the new president? >> we have a 40 year veteran at toshiba who is running the ship business and it is more profitable. the key thing to know is that the business was not tainted by the accounting scandal that centered on the audio and visual. retain what did not go so well for the past presidents. chairmanshipng the and it is being taken over. he has been an outside board member until now. complicatedof a system of checks and balances that relied heavily on

independent board members and there was the increase in a number of board members. >> the company gave us the idea about what the earnings looked like. was $1.7 billion after overstating and they have not said how much. it will be a loss. is ¥170ating profit billion and the fundamental operation of the company has been healthy. >> thank you. what itaving a look at means with the deal that wins

backings with billionaires. we will have a look at the valuations next.

>> eight in the morning and living up to his name. it is some flesh on this and extraordinary. was the commerce bandwagon. we are likely to see it.

a new round of funding led to -- there is and that -- a massive black rock movement and it is for dissipating in the round of investment. funding andg the the group chairman has invested in the capacity. they value the online marketplace at $4 billion-six billion dollars. just because it was fashionable, it started and it was going

to continue. back to you. host: thank you very much. we have social media. commemorating are and remembering last week in china and thailand. there was a spectacular explosion that left so many people injured. they change the logo to the website to honor the dead. aher channels say they want better response from the government. the government is try to hide something. they say the government needs to

take accident -- action. can't there be a substantial action kerry out? monthave a death toll a first responders that was quite large and they are calling on the government to guarantee safety for the finally, a lot of chatter on social media about attacking income and the bombs -- bangkok and the bombs. they are calling on the government to do something quick as they track down the persons responsible for the attack. nore are photos from sloot and they cannot get a shot to what is referred to as the roof -- the alleged gunman. host: that is it for this edition.

will be joined for the big stories so far. onlinegoing job hunting and going live to beijing to talk to the ceo of the company.

al: i'm al hunt. john: and i'm john heilemann. and with all due respect to the have you considered marco rubio? ♪ >> happy national ice cream pie day, sports fans. the donald's poll. it seeks to end the so-called birth right.