Oct. 23 - President Obama and Republican challenger Mitt Romney are neck and neck in the race for the White House after the third and final televised debate. And the Bank of Japan may do more than asset buying.
The few months ago when you were asked what's the biggest geopolitical threat facing America's use of Russia attacking me is not agenda. Facing off on foreign. Policy US president Barack Obama and Republican challenger Mitt Romney go clones over the Middle East and China. In the third and final debate ahead of the election on November the sixth not a man through a knockout punch in an exchange -- straight frequently into domestic policy. The polls suggest Obama won on points repeatedly accusing Mitt Romney of flip flopping on foreign policy. What what we need to do with the respect to the Middle East is strong steady leadership. Not wrong and reckless leadership that is all over the map I congratulate him money and taking out some of the Latin. And going after the leadership and al-Qaeda but we can't kill our way out of this mess. Other headlines on -- at this morning Asian shares finished lower as the Q3 earnings between deepens. For us yet the French -- parts maker controlled by Peugeot Citron has cut its full year earnings for ocostas European production slows. But Syngenta the world's largest agro chemicals company confirmed its full -- financial targets after a strong start the planting season in Latin America. Good news to you for Yahoo! in her debut appearance at the Helm of the group. There's new CEO of Martha my app promises to invest in the bill -- wave off the third quarter earnings beat analyst expectations. Well more monetary stimulus on the way this time from the Bank of Japan John Gordon is in Hong Kong -- not welcome expect from the back of -- Japan when it meets this time next week. And it looks like more asset buying up from the government there that's the unlikely option we're looking at a hundred point six billion dollar increase from the government. Mostly to JGBs. But also some ETFs and -- possibly on the tables well and also the length appeared to be extended here. Past the end point thirteen which is also key here and that's helped push the dollar yen up to the eighty marker earlier today. You again also it's at its highest mark since may so some action in the currencies although further gains efficient Perry sauce for dollar yet for example around 810 going forward. That would oversee the finance minister resigned in Japan overnight this is what I expected but what that means and this government. Well it's another blow to his credibility. You know -- if you look at the US debate just that we just saw. You know -- the populace really split 5050 there won't Japan noticed popular city about 20% so that really paints a picture of how desperate things are. So for election was held today it would probably herald a shift to the right. But anyway going forward definitely difficult times ahead for the Japanese government. Joseph thanks so much and if I'm John Goldman in Hong Kong in the UK meanwhile a government report has rejected EU plans to cut high speed trading. The fourth type paper sponsored by the British government says computer -- trading can boost liquidity. I'm the boss of the BBC George Entwistle will be questioned by and peace places that they. The British broke roster is facing one of the biggest crises -- -- history ever accusations it pulled up president of sexual abuse by former presented -- sample. As part of a white coverup. That's how well do you story brought to this morning at least seven people were killed and dozens wounded in gun battles in the Lebanese capital Beirut. In further unrest links to the conflict in neighboring Syria. That's according to security at hospital sources. And the guardian newspaper reported that Britain is to double the number of armed drones in Afghanistan. Five new unmanned aerial vehicles will be in operation within six weeks according to the well that's it and I'll leave you -- pic of the day -- snapshot of Hindu devotees performing and gabbana. Traditional folk don't during celebrations to mark the now proceed past the I'm Nigel Stephenson base is right.