andts, camera, action, sony dalian wanda have reached an agreement. 's production groupl invest in sony pictures. largest owner of movie theaters, continues its expansion. it snapped up legendary entertainment for $3.5 billion. it is a huge win for the japanese company, winning the backing of wanda will help sony gain greater access to china's restricted movie market. thanks for that. coming up later, policing social media. we look at china's latest attempt to rein in online discussion. our next guest says he is taking with his position that the fed will move before the year is out. this is bloomberg. ♪ haidi: u.s. markets is seeing a rally overnight. n/a asia, we are starting to lose steam. let's get more on the market dynamics. happy friday. indication of the anemic tapering of the rally in asia, does this adjust that investors have reached the point where they realize central banks have lost credibility? think they have quite lost credibility yet, but they are on the brink and in a because ifsition they don't do anything, then that credibility will be lost, but i thin