the hang seng index isn't doing too badly, only off .1 percent.s there a distinction in the way the hong kong market perceives the news versus the way the chinese market might when it reopens later this week? sunil: if you look at -- you look at hsc i, and it has retreated substantially in the last few months. i don't think there is a lot of hope and expectation. and china is closed but you will probably see a bigger reaction tomorrow. i would not read a huge amount into the hang some shares being -- hang seng shares being down. paul: do you see any tactical opportunities in china right now? things are cheap. sunil: things are cheap. there are some names in the consumer durable space. if you really look at china's data, while it looks negative, the export data is quite strong. companies could benefit from better global demands. i think those -- and there are some durable names, that could be beneficiaries. i'm a little cautious on the policy implications but i think those would be areas, export related, consumer durables, some tech names, those ar

the hang seng index is 3.3% higher so far this morning.early 3% to the good for the shanghai composite. of course, it does follow on from what we saw with regards to the stimulus overall for the chinese economy that had been put out this week by the pboc as well. last time the index saw a bigger weekly gain was the week of november 14th, 2008. that is what you are seeing then for the csi 300 climbing 15% week to date. so, so significant moves there. the kospi falling week to date. some weakness in part of the market. just look industrial profit data. falling from august then. some significant moves being seen particularly out of the chinese market, the shanghai composite nearly 3% higher in that overall picture. >>> let's see some other news with the chinese central bank announcing rate cuts. expecting to release 1 million yuan liquidity in the market. they are considering further miss you are measures. china stimulus announcements avoided the equity markets with the csi 300 benchmark on track for its best week since november of 2008 and t

a happy day in seng no village that attracts every passerby. in this festival, all kinds of local local games, such as the tanz show called nene salime, remain in the village , the stories of the people of bodar kharishan region , our locals in sangnou, in the cities far and near, who live in this festival, let this festival be an excuse to be together and let's see each other, amin ghojar of the village radio and television news agency. greetings to you honorable compatriots who from this moment to you have joined us. good morning . hello, thank you very much for choosing the reporter to watch . well, it is the week of unity and the commemoration of the week of unity will be held in the whole country. we are hosting the chief of staff of the week of unity in the studio. good morning, you are very welcome. i would like to extend my congratulations and congratulations on the blessed birth of the great prophet of islam, the seal of the prophets, muhammad, peace be upon him, and the birth of imam sadiq, peace be upon him, and the week of unity, to

zaghar seng mines have become zaghar seng mines in all parts of the country and the world with methane gas are accompanied and this methane gas actually causes explosions. however, the extent of individual mistakes in this incident should be investigated, but i would like to tell you one thing: tebe city is a mining city. there is no other city in iran as big as tebes. in fact, there is no volume of mining works in it. the city has a population of 40,000 and 14,000 people. a mine worker has an economy. both the ministry of labor and the ministry of position refer specifically to this field of work, that's why i raised a discussion at the beginning. there is also a mine in swadeko or damghan, but there are all kinds of economic activities. there are experts there who go and inspect these mines twice a year, and therefore there is a possibility that mistakes have been made by the inspectors, but the probability is less than in other cities. the point is that our coal mines are generally traditional. here is a video, actually a short film for your colleagues. i had suggested that we shoul

hang seng up by 1.8%. developers index surging on that move in terms of chinese easing in-home rules. let's dig deeper and bring in winnie shoe. what are you hearing from investors? winnie: yeah, such exciting time right now. csi 300 headed for bull market and having its best day since 2015. people are rushing into this rally and most of them say it is more of a trade but because there is so much stimulus and a lot of them are saying more leg up based on low valuation and underweight global portfolios. it is actually while it is a lot of positioning before the holiday, it is more sustainable because we are seeing more support from government. for both the property market and equity. property stocks and brokerages surge and we are hearing even for local brokerages, they had to open services because there is so much demand ahead of the holiday so momentum might not be sustainable but people are saying it is more sustainable than previously. haslinda: you wonder if it is enough to reverse sentiment. >> that's

in terms of the reaction elsewhere, the hang seng up by 3%.ngbusters, up by more than 4%. the hang seng also getting a lift on the back of the measures to support the property sector. is it over? have you seen the bottom, that is still the question to be asked when it comes to the china property market. for more on that let's bring in our next guest. ye qt groups asia chair and head of asia private capital who joins us here in the singapore studio. welcome to my city, your reaction to what china did today was surprising, some say, but is a big enough, is it enough to really significantly move the needle? >> thank you for having me today and nice to see you again. i think the move by the chinese government to lower rates like this is very positive for sentiment. in doing it in a substantial way is setting all the right signals. sentiment has been extremely weak, and i think this is a move in the right direction. but i think there's a lot more that needs to be done to really turn around investor sentiment overall. but it's definitely a move in t

in terms of strengthening, look at the hang seng index.ent on track for its best week since 2007. certainly superlatives abound when it comes to looking at hong kong and china stocks off the back of the stimulus we have seen from policymakers. we see must -- most major benchmarks in strongly positive territory. that is it from bloomberg markets: asia. horizons middle east & africa are up next. this is bloomberg. ♪ so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management.

and back in hong kong we have seen hang seng index almost rise to highest high year to date.ll those rallies in hong kong and china are pushing msci asia-pacific index the highest in more than two years. really promising based on investors being bullish and boosting capital markets. in particular we have seen like the chinese property developers and technology companies leading the show. like the bloomberg gauge tracking the property, property, property stocks gauge up more than 20% entering a technical bull market in this milestone is also seen in hang seng tech index and alibaba and tencent. not just stocks, optimism is spreading to the currency market. you have seen like the chinese currency, they have spread against the u.s. dollar for the first time since may of 2023 which is because traders are bullish about how policy will pull up chinese economy out of recent slowdown. currency has gained more than 4% your to date because of fed cut. dollar strength recently. tom: thank you very much indeed. a lens on china, rate cut coming through. let's get more reaction and read ac

here is where hong kong's hang seng ended the day, along with japan's nikkei.mposite ended 2.88% higher. susannah streeter from investment firm hargreaves lansdown said the stimulus had lifted markets across the board. certainly this big stimulus package in china, which has been described as a �*shock and awe' move. i mean, certainly the people's bank of china pretty much threw the kitchen sink at china's growth problem. that certainly has lifted sentiment towards china's economy and the stock market, which is why you've seen this real surge in investor sentiment. a lot has gone down, so the people's bank of china has lowered key lending rates right across the board. they've lowered the amount of capital banks need to keep in reserve. they've lowered the ratio, the deposit ratio, for home buyers, as well. so they're really trying to stimulate lending and try and boost economic growth. whether that will work, it remains to be seen. i think this rally may be a little bit short—lived because ultimately consumers still feel very cautious. the property market has be

the hang seng and hang seng china enterprises index which is the hong kong gauge of mainland stocks. managing declines of 1% from earlier in the session. paring some of that somehow. the story in the last hour has been about the yen strengthening. we see the nikkei futures in singapore pointing to declines as markets in japan are set to reopen tomorrow. the dollar yen moves are important to flag in this big week for central bank decisions. it is amid the backdrop of the expectation of narrowing yield differentials between the u.s. and japan. we saw the dollar-yen move below the key psychological level of 140. there are expectations in the market that it will sound dovish if the fed cuts 25 basis points. some board members and china are not deterred by the august market route and how they seem pretty determined to hike rates again. that is what is at play as far as some of the central bank signaling and positioning is concerned. japan markets are closed. we see then market liquidity which could be exacerbating the moves we see in the currency space today. tom: avril hong in singapore,

equity markets in asia rally and hang seng hits a one-year high as china vows to a forceful cut to stimulateital markets. >>> the momentumcarries over to the european session and the stoxx 600 turns green with chinese stocks leading the gains. >>> micron shares surge in extended trade after the memory chip maker blows past guidance expectations and driving peers in asia and europe. >>> commerzbank signs off the strategy as the independent entity as it fights off the unicredit stake holder. the ceo tells cnbc there's scope for more consolidation in the se sector. >> if i asked how many banks are in europe, i would say too many. the competition is not what you see in the region. the way you basically should get the consolidaconsolidation. >> we'll hear exclusively from the ceo of the banco sabadell at 9:30 british summertime. >>> good morning, everyone. we start the show looking at some breaking news out of the bank of america banking conference here in london where the incoming ceo of commerzbank, orlopp, has been speaking and she said we will have a first meeting tomorrow with unicredit. she

i should point out hang seng is up 2.5% and seeing its best month in two years.also had economic data out this morning. china factory activity contracted for a fifth straight month in september. manufacturing came in at 49.8 which was better than the august figure. the official services reading contracted for the first time since december. the caixin manufacturing number came in at 49.3, a full point lower on the month. growth in the services sector also slowed sharply. sam vadas filed this report. >> reporter: extending gains ahead of the week long holiday starting tomorrow. on track for the bestmonth in nearly a decade. the u.nyuan headed for the best quarter since 2020 as banks have been stepping in to cap gains. the markets looking past downbeat data from beijing which confirmed the slowdown in manufacturing services. factory activity shrank for a fifth straight month, but the survey looks at the smaller firms which was a surprise to the downside. the pmi falling into contraction. some say it was likely down to the end of summer travel season and the extreme

in asia overnight china's central bank announcing a slate of stimulus, the shanghai composite, hang seng up better than 4% on the session china doing a slate of support measures admitted economic slope, slump rather and as a result the major indices stored overnight, the shanghai composite of 4.1%, the hang seng up 4.1% in china holding the rear briefing in an attempt to boost the economic standing. back at home the labor department tries to revert the looming port strike which could shut down shipping before the busy holiday season everything you need to know coming up, put polls put president trump ahead of kalama harris is in key swing states georgia, arizona north carolina as the 45th president is planning to roll out new incentives today at 1:00 p.m. eastern for foreign businesses to operate out of america with incentives to do so after campaigning a pic of vania and appealing to farmers with plans for tariffs on china kamala harris says she will roll out more pieces of her economic agenda in pittsburgh tomorrow, jordi the conversation all morning long michael lee strategy founder m

your anti-gas you can't bring any electrical equipment into the zagal seng mine. we have a series of individual equipment that the worker must carry with him . now, such as helmets, maxes, self-rescue , the rest of the equipment, and naturally, these equipment are mainly imported equipment. that is, considering that the production of charcoal in our country is very limited , it generally does not consume much. they are made domestically , they are generally imported, and of course, they need to be imported from abroad. these equipments usually lose their life after a while. they have a decisive plan in the coal mines , the total of these must be followed up by the method monitoring systems, no, it must be followed up now. you see, considering the sensitivities that exist in coal mines, we ourselves in the forum are very different from other mines. the risks are very wide . all the coal mines in the country come with a checklist and they check the equipment and then. after if they have a weak point, mines they will be closed. even last year, we closed a number of m

the morning the iof raided alfaz refugee camp in the in the south of hebron alkalin and causing a se seng around the the the refugee camp closing its entrances and exits also making making detail, detailing and interrogation center inside the refugee camp, arresting more than 50 palestinians from alfawar refugee camp, in invading or raiding more than 70 palestinian houses causing lots of destruction and among inside these houses and causing a lot of tension between the palestinians in alfawar refugee camp. palestinian women are facing unprecedented hardship and israeli regimes, prisons, violations against female prisoners are escalating with reports of extreme abuse, mistreatment and deteriorating conditions. nakahmed brings you the story from occupied west bank. behind the walls of israeli prisons, the suffering of palestinian women intensifies. more than 98 palestinian women have. has been in the regime's prison since the beginning of the genocidal war on gaza. according to the released prisoners, the most notable abuses includes torture, starvation, medical neglect, isolation, and stri

south korea and taiwan are closed, hang seng managing to gain some ground. there is debate around whether it will be 25 450 and as we saw and indeed last week how and traders ramped up bets, softer dollar, dolla at lowest level since january helping asian currencies. japanese yen as well throw the 140 level 20 day weather was market quiddity. i wanted to flag amid dollar softness if we get a cut fed disappoints we could see a petering out. one. see that could gain regardless could be the japanese currency. >> 5% in the last one month as we bring in joey to, head of research, she has lowered her dollar forecast, too shabby. yen going gangbusters. beware because we've seen such a run-up. joey: not so long ago 16, 170 but positioning so large short yen going earlier and now it has flipped quite long year so i think that is a risk going into the fed meeting. haslinda: we heard that if the boj stands pat all it has to do is sound a hawkish tone. >> yen more like reactor, boj's next move is in january so it will react to the fed rather deadbeat originator. haslind

hang seng index of 1.2%, benchmark rate on hold, new measures, japanese yen at 142 versus u.s.ollar. bank of japan unchanged signaling no need to hurry after the july increase led to the route in the first part of august. let's get to paul jackson in tokyo. are we on track from the boj? paul: uh, i think we are still on track. what we had today was a widely expected decision. they want more time to assess the impact of rate hikes and we have a leadership election in japan so the central bank wanted to be on the sidelines this month as japan chooses who will become prime minister. could have an election so when you ask about timing of that next rate hike october did not look too good. general election in japan, a reason to avoid market stability. that turns to december or january. tom: ok. really interesting that you fold in the politics. keeping the boj on the sidelines for october. talk about how dynamics have evolved for japan and how they tie into the next decision? paul: well, signs of improvement, back to growth in the statement today, the boj upgraded its view on consumer

seng , yes, some road defects, such as a simple lighting, a sign, a line, a sign, can be very simple, but we tried to cooperate with the road administration and relief organizations. that whatever is possible, god willing, with the support of the new government and the meeting of the high coordination council for traffic safety, which will be held under the chairmanship of the honorable president, god willing, we will solve most of the management problems in this area. it is not just that the budget is low now. or if the budget does not arrive, it means that it can be managed with management measures. it can be a strong management department under the governance and direct orders of the head of the traf council. it is also considered as one of the main foundations of this department. thanks'. thank you for the opportunity we have reached the end. thank you, dear viewers, who accompanied us until the end . god bless you. some calgary residents have turned their caravans into their accommodation for the time being, they say they have to wait until a more affordable house becomes availab

there are about 140 parameters in zagal seng mines, which will be checked. he eats and finally they sign, sometimes if something is against the check maybe a week later, an accident happens , a problem happens, and the people who supervise must answer. in terms of safety and engineering, it can be said that maybe in one of the mines, we had strict accuracy. in the last 10-15 years, i looked at this check and list. i have not seen a single case of warning in this mine , for example, the ventilation of a certain workshop is not correct , or a certain workshop is not properly maintained, or the arch is not installed properly. no, if you don't see the problem, you won't get it. if you don't see it later, if something happens to those people who hit 5 or 6 people under him, they should be held accountable. very well, mr. askazade. i want to do it, so to speak. i confirm their statements and also say that this is not enough. the fact is that if we have a sufficient opportunity to invest in the safety sector, it means that the miner can do this, despite the fact th

look where we are, hang seng up right now. asian stocks up. we are seeing monetary easing but fiscal policy at this point, getting a boost from china. u.s. posting yet another record high. yuan in focus, where will it go and how much tolerance does the pboc have when it comes to a stronger currency? let's get more with mary nicola and our first guest at sep. is it sustainable? people say something else needs to be done. mary: it does not fix the problems in the economy but at least you see a sense of urgency , announcing equity stabilization fund, huge deal. rate cuts were priced in but trying to put a floor under equities. haslinda: a sense of urgency but not enough. >> indeed. you have to make sure domestic demand picks up. before this policy announcements local governments are underspending so not even waiting for fiscal package. but we can talk about structural issues and feeling the bounce but that's not going to happen today because we are on a sugar rush with 5% upside anyway. haslinda: to feels like enough to dip your toes. guest: fore

that is a tailwind for equities on the hang seng.eeing a bit of green but the pain is coming through for japanese equities that have come back from a long weekend and succumbing to what we saw on the yen a-day ago as it rallied 9.6 against the greenback the yen has given up most of the gains but for some of our strategists, they are as much as 2% on the nikkei and the topics hit by the export related needs and chip sox reflects how skittish reflectors are about how we will get from the federal reserve. how that could turbocharge the japanese currency and i wanted to highlight what we are seeing in terms of the topics and how it was sensitive to moves in the japanese in curtsy. that has climbed since august when it gives you a sense about how investors will have to adjust. this is the highest form this year. something to keep in mind with a lot at stake at of the boj this week. tom: sensitive to the yen around that decision. this is an traders are roughly split as to how the big benefit rate cut will be. let's bring in mary nichola on

across the world, that is last night but this is what we are drawing our attention to here, the hang sengby almost 4% and then ak injapan up by 3% as well. for more, joining me now is rory green, chief china economist at t5 lombard. how significant are the new measures? it isa it is a significant step up in stimulus from beijing. what we have had announced so far, and we have got clarity on the monetary side and today the politburo set for september gave us an indication, we do not yet know the size of a fiscal stimulus and that will be crucial to assess the acceleration of growth. as you touched on, until traders are loving these signs and china assets are ripping higher. observers have been saying for quite some time that beijing needs to do something dramatic to stimulate its economy. why has it waited so long or until this point to do so? it has it waited so long or until this point to do so?- this point to do so? it is a ureat this point to do so? it is a great question. _ this point to do so? it is a great question. it - this point to do so? it is a great question. it is - this poin

towards asia, came back to this quickly, china - back to this quickly, china opened mixed, the hang sengchange once the labour report is released?— report is released? when the labour market _ report is released? when the labour market report - report is released? when the labour market report is - labour market report is released in the us those markets will have been closed already so i think the reaction it will be seen on monday. generally speaking china markets have been treating week because the data has been disappointing as of the property market is very weak and most from the government. if the us data is weaker than expected, the market would probably sell off later today and the negative sentiment will eventually spill over to the asia trading when the day begins. asia trading when the day beains. ., ., asia trading when the day beains. ., ~' ,, , asia trading when the day beains. ., ~ ,, , . staying in the us, and the republican presidential candidate, donald trump, has pledged to cut the corporate tax rate and audit the federal government — an idea proposed by billionaire ba

the likes of chinese tech names lifting the hang seng, including mental one -- meituan managing again. despite reports of mortgage rate cuts, and xi jinping telling government officials they will need to work harder, do more to let the economy ridge of the growth target of around 5% for the year. as i say and as you mentioned, it is really about the japanese currency, and given how would strengthened. the nikkei erasing gains of 3% just a day ago. this is the tech and auto making stocks getting hit. the japanese companies have to recalibrate earnings projections if the yen continue strengthening. flip the board against the backdrop of lower u.s. yields and softer dollar, we have also been seeing the chinese currency climbing, but even as you watch out for the pboc signals and how it seems they have been letting it move more flexibly and tolerating the strength, wonder at the same time how much longer they will tolerate this. they do not want this unfettered strengthening in the renminbi. a lot of the other asian currencies benefiting from the softer dollar, including on the yen, sitti

the hang seng down. weakness coming through on the offshore yen. the japanese currency hovering around the 146 level. the kospi is helped by some of the gains we are seeing in the ev names. keeping a close eye on indian stocks because nifty is on the longest winning streak since 2007. when markets open later in india we will see if it is extended. look at the china pmi's, the official manufacturing one shows a fourth straight month of contraction. the contraction is deepening. this is problematic with how china has been leaning on exports and manufacturing to keep the 5% growth target in its sites. we got an upside surprise on the nonmanufacturing french. and that is cold comfort when you look at the totality of the data. asia pmi's on top this morning. we got indonesian numbers and thailand numbers. we are still seeing some expansion in part of the region though i think it is slowing in taiwan and thailand. paul: let's dig into the latest chinese data with bloomberg's chief asia economist. avril running us through some of those pmi numbers. what i

the hang seng is up 12% this week. it's having its best week since 1998.pan, the yen is stronger against the dollar. ishiba winning the vote today to become the next prime minister. unless europe, commerzbank is holding the first round talks with unicredit as the italian lending is pushing for a tieup. unicredit holds a 9% stake in the bank. a potential takeover could be difficult as it faces opposition from the german government. chge widng up on "worldwe exan,"e have one word every investor needs to know today and the one beaten down sector on hopes of chinese spending. we'll be right back after this break. we're cooking with fire. (vo) switch to the partner businesses rely on. welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your g

the hang seng and shanghai up .25%. in the u.s., we have a number of stocks on the move with oracle noting a.i. demand helps its cloud business. oracle announcing agreement with amazon web services. big jump after earnings. the big move here. shares up about 9% right now in the pre-market. big banks are in focus on the report that the largest u.s. lenders will be facing a 9% increase in capital requirements. that is nis nearlily nearly hal the original proposal. you see the big banks. jpmorgan chase and citigroup up 1%. wells fargo up 1.5% as well. >>> let's go back to the breaking news. the european union cracking down on big tech in a big way. apple and alphabet. we have technology reporter arjun kharpal joining me from london on those stories. arjun, apple being hit down 1%. >> frank, the reason for that is we finally have the conclusion of what have been two very long running eu cases. one against apple and one against google. first, apple, the top court ruled against apple over the tech giant's ten-year battle over

if you can put up the hang seng index. you have 18 years of investment that hasn't produced anything. essentially where we were in 2007 for the hang seng. technology etfs. ali baba right behind us. and k web that trade outside of china. that hasn't gone anywhere. kweb, if you can put that up. that went public in 2013. basically, all of the china tech stocks. it's where it was in 2013. there you see that going all the way back. and so, china investors are out there, saying, what should we do? there's etfs that "x" china out. so many people feel, in terms of investments, it's been a disaster. ideological and whether we want to do that. >> when you ask if china is investable and if investors are wondering, should we get back in? it's a number of consideration other than just stimulating the economy. the main one is the trade tensions and the geopolitics and the fact the biden administration has kept the trump administration tariffs in place. they've taken a hard line against china on things like semiconductors and advanced ma

window to cut rates finally after the fed moves and we had that upbeat consumption data, the hang seng index up 2% after the monetary authority had met those rate cuts by half a percentage point. hong kong is benefiting the beleaguered property developers that have been slammed by the high borrowing costs. property index up 3% today, 10 still pointing down for an eighth straight day. tom: we lead up to the boj decision on friday. the fed has opted for an outsize interest rate cut, designed to preserve the strength of the u.s. economy is risks mount to the labor market. speaking after the meeting, chair jay powell said the cut reflects the central banks risk management approach as the aim for that soft landing. >> the federal open market committee decide to reduce the degree of policy restraint by lowering a policy interest rate by .5 percentage points. rod set of indicators suggests conditions or less tight than before the pin naming can between 19. the labor market is not a source of elevated inflationary pressures. i do not think that anyone should look at this and say this is the ne

the markets reacting positively with the shanghai and hang seng up 4%.ty stocks soaring today as financial regulators are reducing rates on the existing mortgages. >>> the head of the bank of japan signaling the owe effi officials are in no rush to hike rates there. the boj's next meeting is scheduled for october 30th and 31st. >>> we are looking at australia keeping rates on hold as expected. the central bank is hawkish to bring inflation in line to heal. coming up on "worldwide exchange," one word every investor needs to know today and the major strike arisk. what retailers to face during the holiday season if port workers decide to hit the picket lines. we'll be right back after this break. 'd just remodel the bathrooms last month. with empower, i get all of my financial questions answered. so i don't have to worry. so you're like a guru now? oh here it comes— join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. >>> welcome back to "worldwide exchange." stocks

all of those as well as on the hang seng flip the board because we are all the way through on the csi 300 in terms of the reporting and in terms of these aggregate results of prices. we have certainly seen more mrs. then beats and on the benchmark of the shanghai compass it, for example, we still see them hover near those six month low. beijing indices, certainly a lot to unpack when it comes to chinese equities. let's bring in our next guest, director of asia equity research at morningstar. lorraine, we are almost done with the reporting season on the csi 300. there is a lot of weakness coming through. i think you have been less bearish than most on the chinese equities space. what's your take on what we've seen this earnings season so far? >> what we seen is numbers that generally have been mixed, in some cases i would say they are clear misses in a couple cases, but it has maybe been the guidance that has been disappointing more so than the june performance. on that note, yes, i think some of the share price falls on the guidance grounds is anticipated and not surprising. but we do

maker price in half again, even across the board there's more hope in mainland stocks and the hang sengith the federal reserve cutting, that gives the pboc more room to set the loan prime ra rates. we have to remember a lot of volatility here in asia. you don't see that in one place. we saw it weakening significantly against the stronger dollar after it found its footing, but recovered after the two-day chart because the bank of japan is set to meet tomorrow which is another key data point here in asia. the early weakness for the yen is enough to lift the spirits of the nikkei 225 keep in mind that the japanese jgb bond yields. frank, back to you good morning >> jp, thank you very much. >>> turning our tension back to the u.s. market. s seema shah is with us. >> good morning, frank. >> seema, i want your reaction to the fed cutting 50 basis points some people were surprised and some people forecast it. how do you see the cut and market reaction? yesterday, we closed lower, but now markets are popping a bit. >> frank, it was an historic move in line with what we expect to come from the f

the hang seng index better by 1%, but the shanghai composite up by a few points. evolution mining better by 1% in cindy -- sydney. regis resources better by .6 of 1%. let's take a look at other stocks we are watching, korea's inc. -- zinc jumping by a record following a deal that would make the private equity firm the largest shareholder, and we have got news that the gm of hyundai signing a deal to explore new joint vehicle development. both of those stocks performing very strongly at the moment. that is it from "bloomberg markets: asia." horizons middle east & africa next. this is bloomberg. ♪ (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com the moment i met him i knew he was my soulmate. investment objectives, risks, charges, expenses "soulmates." soulmate!

property developer new world developer was the biggest loser in the hang seng.res plunged as much as 14% after forecasting a loss of 19 to 20 billion hong kong dollars. >>> values of new home sales fell 19% in july following the relending program from the central bank to support that same real estate sector i've spoken about. crane shares gave her outlook on the sector. >> very unrealistic states in china. now you start to see a stabilization in terms of price. i know you need to monitor china on the price. to continue on the falling trends, but it is starting to stabilize. i believe the majority of consolidation is behind us. it is stabilizing, one on price, and second, a second in from the states to takeover some of the potential and third, you will see the building up and take off from the outside of the city on the rural area. you will see a bit of a recovering sign in the real estate market, but not the peopling you have experienced in the last 10 to 20 years. >>> now massive protests swept across israel on sunday after the bodies of six hostages were recov

china's economic upgrade of the money injected into various sectors, shanghai composite of 3%, the hang seng after you have% right now, the nikkei average of two and a third% back at home hurricane helene makes landfall in florida as a category 4 storm but is downgraded to a tropical storm bringing winds about 130 miles an hour to the gulf coast, three people dead, millions without power in florida, we have a live report coming up, more trouble for eric adams as details of the indictment are revealed showing bribery, conspiracy and campaign-finance violations allegations. we have the latest coming a majority the conversation washer wealth management rebecca walser, new york state homeland security advisor michael balboni. "mornings with maria" is live right now. >> it is time for the hot topic of the hour of fox news poll show a tight race in swing states with 39 days to go before election day, here's the breakdown for how voters feel and arizona in a two-way matter president trump has a hedge over, the heroes in arizona with last month she had a one point lead, voters trust chuck to handle

we got a weakness in the hang seng off by .5 percent.onger yuan as well as perhaps the risk of tariffs seems to lessen somewhat. we do have plenty more to come. this is bloomberg. ♪ ♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. v.p. harris: you want to talk about his deal with china, what he ended up doing is under donald trump's presidency, he ended up selling american ships to china to help them improve in modernizing their military. basically sold us out with a policy about china should be about making sure the united states of america wins the competition for the 21st century. mr. trump: first of all, they bought their chips from taiwan. we hardly make chips anymore because of philosophies like they have, and policies like they have. i don't say her because she has no policy. everything that she believed three years ago in four years ago is out the wind

looking at hang seng which closed 4%. shanghai closing at similar levels there.o highlight some officials are looking at the announcement from the chinese central bank and suggesting it was not a big bazooka, but a step in the right direction. therefore, let's get a check on the property sector because the announcement from the pboc was also very much targeted into some of the issues, really, that we're seeing in the property sector. some of the names we have in this space, china res lamb up 5%. and sunac up 12%. significant as you look at the market moves in asia. asian stocks moved to the highest in the last two and a half years. let's look at wall street. it is suggesting to be a positive start to the trading session on wall street. this after what was a positive session on monday. however, the dow and s&p did post fresh record closes at the end of monday's session. jpmorgan chase ceo jamie dimon played off the bumper cut when he sat down with our sister channel in india. >> i think they raised rates quickly. they were a little late. they raised it 5. as infla

in asia overnight markets mostly closed for the holiday, hang seng index up fractionally on the sessionsation can all morning long, columnist and fox news contributor, liz peek, strategic wealth partners investment strategist, luke lloyd and fox business' cheryl casone. "mornings with maria" is live right now. president trump is safe after a second attempt on his life yesterday. this time happening at the trump international golf course in west palm beach, florida. police say the suspect is this man, ryan wesley ralph, pictured moments after his arrest. police describe him as detached when he was brought into custody. an ak-47 rifle pictured here scseen bysecret service eights e barrel poked through a chain link fence. they seized a go pro camera near by. trump was on the fifth hole when the suspect was spotted. shorts say he was between 300 and 500 yards away from the former president. >> in the bushes where this guy was is an ak-47 style rifle with a scope, two backpacks which were hung on the fence which had ceramic tile in them and a go pro which he was going to take pictures of. so

100, the cac 40 and the daxs and in asia overnight as you can see on your screen we have the hang seng flat but the cosby, the nikkei and the shanghai already, joining the conversation already long gallant ski group founder and president john lonski in new york city council minority leader job or valley, "mornings with maria" is live right now. the ♪ ♪. cheryl: it is time for the hot topic of the hour, first son hunter biden awaiting sentencing after pleading guilty in a surprise move to all nine federal tax charges brought against him by special counsel david weiss, before jury selection was supposed to begin, hunters attorney abbe lowell on what date hunter change his mind. >> after watching prosecutors exploit his family's pain. the delaware trial in realizing that they are planning to do it again in california, hunter decided to enter his plea to protect those that he loves, from unnecessary hurt and cruel humiliation, this case was an extreme and unusual one for the government to bring, millions of americans, hunter was late in filing and paying his taxes and unlike the millions o

nonetheless all the major indices are the work, and asia overnight, green across-the-board, the hang seng hong kong are better than one editor present, back at home. he combs being held without bail in new york after getting hit with racketeering and sex trafficking charges, disturbing allegations as we break down his assets and what's at stake. interesting time to take down pd just as republicans are demanding more from answers on the security failures in keeping president trump safe after two assassination attempts as the white house continues the rhetoric to trump is a threat. kamala harris on the campaign trail unable or unwilling to admit americans are worse off today than they were at the start of her vice presidential term nearly four years ago. joining to the conversation bullseye american ingenuity fund manager adam johnson, senior vice president emily dominates, former acting ice director jonathan fahey. "mornings with maria" is live right now. ♪ ♪. maria: it's time for the hot topic of albert president trump said to campaign on long island new york this is the second rally sinc

the hang seng index more broadly is stronger, but the property gauge is really helping lead the way theret's take a look. also at sk hynix. we did have morgan stanley downgrading the south communication -- the south korean chipmaker as well. sk hynix now the least preferred among our global memory stock coverage. this becomes our top pick according to morgan stanley. sk hynix shares off about 8% from south korea. coming up, blackstone private equity hails asia as their growth engine citing plenty of investment opportunities across the region. our exclusive interview with their asia head up next. this is bloomberg. ♪ the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't ha

rally on the stimulus and the shanghai composite again 1% the shanghai as higher as the hong kong hang seng fractionally higher, geordie the conversation already long, bullseye annuity fund manager adam johnson lee carter and national review staff writer caroline downey, "mornings with maria" is live right now. breaking news a new senate report on the secret service failures in the butler pennsylvania assassination attempt against former president trump let's get right to the breaking news, fox news political correspondent with the latest. >> good morning the second homeland security is releasing the report after conducting dozens of interviews with the secret service personnel responsible for planning and securing trump's butler valley it outlines the key findings including not clearly defined person responsible for the rally security that was ineffective communication and coordination with state and local law enforcement and the secret service denied additional assets ahead of time despite multiple request, the committee find you the secret service failed to ensure the agr roof was adequa

and s&p 101, the cag, 57 and the dax index higher by 123 in asia amick story, hong kong, the hang seng up better than one another percent, the others mixed as you can see, julie the conversation baseball cofounder hannah cox, michael e strategy founder michael lee, "mornings with maria" is live right now. it is time for the hot topic of the hour, body cam footage shows the moment ryan routh was arrested on a four to highway after opening fire at president trump west palm beach golf course, he was spotted by a witness after taking off down i-95 when he was probably taken into custody, he was charged with two federal gun charges in court yesterday, copps said he camped outside the golf course for up to 12 hours before the former president actually showed up and exploited a security breach around the course perimeter, something that the new york post says the secret service has known about four years, authorities questioned if he acted alone. >> that he acted alone? did he have some kind of help. >> at this point were still exploring that in investigating that in our investigation will de

the hang seng in hong kong up 2.5%. the china large cap etf here in the u.s.n .25% and it was much higher earlier and the craneshares etf crane web is up 1 1/3% and off its best levels of the session and yes, the trade overseas is big and the etfs that attracted them here have surged and given those back so keep an eye on those. automakers all across the world are in focus, specifically ones in the european market, stellantis, aston martin, volkswagen, all among the european carmakers that have cut their forecasts or guided things lower given the macro economic environment for cars and slowing down, the slowness in china and that sort of thing and it's carrying over to general motors down 2.4% and the auto trade, china and everything else very big in the news today, kell. i'll send things back over to you. >> those are huge declines for aston martin and stellantis down under pressure. we appreciate it, dom chu. >>> israel is expanding over the weekend killing hezbollah leader hassan nasrallah and ramping up a ground invasion ahead of the one-year anniversary o

the hong kong hang seng up almost 3% and shan ditch and it shouldn't gender index, they're gaining almost 10% on chinese markets. i should add will be closed tomorrow for the golden week holiday. not look, china as you've been reporting here on cnn, has been facing a number of economic challenges, including weak consumer spending including an ongoing property slump and rising local government debt for quite some time now, a congress have been asking beijing to do more and beijing seems to be heating that call last week that was when we learned that the politburo, this is the very top decision-making body in china. the polit bureau vowed more stimulus to reach china's and will grow target of around 5%. and investors welcomed news, economists as well, if this is what we heard from bruce peng, he is the chief economist. china jonesing law cells bring it up for you. he says this quote, a pickup in government spending will probably be sufficient to drive a turnaround and business confidence market sentiment, and economic activities helping china to catch up with potential trend growth at the p

markets soared yet again, the shanghai composite gaining more than 8% here in hong kong, the hang seng reaching 2.5% higher in the shenzhen indices there surging over 10%, nearly 11% higher. now markets will be closed tomorrow for the golden week holiday. now, data released on monday earlier today showed a painful point. chinese manufacturing activity contracted for the fifth consecutive month in september, but on sunday, there were some really big moves made to revive the property market and that helped lift investor spirits are trying to central bank said it would start cutting existing mortgage rates before the end of october and then you also have that announcement from three chinese mega-cities. wanzhou, shanghai, and shan jed, saying that they are lifting curbs for homebuyers, you know, look, china has been facing quite a number of economic challenges, including weak consumer spending, including an ongoing property slump, including rising local government debt for months. now economists have been asking beijing to step in and do more and beijing seems to be heating that call last

there's a difference between a seng l incident of what looks like intermittent partner violence and ae ranging sex trafficking and prostitution conspiracy as alleged in this instrument. but one thing that i think has allowed this to come to light is new york passed a law called the adult survivors act that allowed women a one-year window to file civil suits. it was within that year that cassie and the victim in the tape filed a $35 million lawsuit against him last year. it was settled promptly the next day. it seems like those allegations are what kick started the federal government's investigation. >> so he pleaded not guilty. can he leave? >> right now, from what i understand and i've been monitoring twitter that arraignment is still going on. what they're arguing about now is whether he should be detained pretrial. >> wouldn't there be evidence, how much access he has to private planes, et cetera. >> the argument to let him go is that combs came to new york voluntarily, has been living here voluntarily for weeks even understanding an indictment was likely to happen this fall. based

. >> people have been looking at charts of hang seng versus the s&p and the swoosh up.igher year-to-date i think. >> china in a bull market like that. yeah. there's a lot of catch up to play. it's been three years of under performance, and so we'll see if it's for real. there's the jpmorgan quote, fad fading. while on the subject of the election, interesting note we pulled out of the evercore isi research note today. you know the old adage that gridlock is good for the markets. markets want to see gridlock. they looked at returns back to 1928, and it was actually unified governments that performed better on an annual basis than divided governments. however, the upshot of the note was this time is different and because the two parties are just so dug in and so opposite, they would like to see gridlock in terms of what would be better for the markets and they go through a whole trump winners -- it's what you would think. deregulation winners like financials, oil and gas, red sweep they put in defense stocks into that basket as well. trump losers are the trade war industri

the shanghai is up 21% and the hang seng up 16%. this is the only trading day of the week for markets on the mainland before closing for the golden week holiday for the rest of the week. mr. tepper is having a good day or a good week. both. >> definitely. we'll see how long it lasts. >>> this is part of the ththesi. the nikkei 225 is plunge in the first trading session after it elected the new prime minister. nikkei futuresplunged on friday after the market close when election results came in. separately, industrial production data for august dropped 4.9% from a year ago period. a much steeper decline than economists had expected. japan's august retail sales came in above expectation. >>> as far as stellantis, shares, as you can see are down 13% this morning. automaker trimming its full-year guidance citing a deteriorates global industry dynamic and increased competition in china. the company makes chrysler and dodge and jeep. it is warning regions in the second half of the year. i don't know if it is ev related necessarily, but the

the hang seng closing higher by 13% for the week.oday's gains coming despite industrial profit data for august that plunged 17.8% year over year. the statistic bureau stating it is the large jump. one of the gainers is bernard ar arnault. investors believe the stimulus would revive the appetite for luxury goods. we talked to him during the olympics. one issue is the slowdown in china and people were going to japan to buy products. he had fallen down the list of some of the wealthiest people in the world and is now climbing that ladder back up again. >> he was the wealthiest at one point. i wonder if it puts him back. >> it was a switcheroo. larry ellison started to move up and the china issue pushed some of this down. >> yeah. >> just think about that. >> everything tepper talked about yesterday. >> you are arnault and you are at dinner and your wife goes you're in a good mood. yeah. how did we do today, honey? 17 billion in a day? >> 17%. >> i think it was 17 billion, didn't you? >> okay. underneath. our deck underneath said jump 17