and i think shinzo abe will want confirmation thatis shinzo abe will want confirmation that is not theis. let's take a look at some of the other stories making the news. the european union is proposing a ban on single—use plastics in an attempt to protect marine life. the proposals target items like straws, cotton buds, cutlery and drink stirrers. they'd be replaced with more environmentally friendly materials. the eu also wants almost all plastic bottles to be collected for recycling by 2025. a state of emergency has been declared in the us state of maryland after heavy rain caused flash flooding. one man is missing, after eight inches of rain fell in just two hours in some areas. emergency services have been responding to people trapped in buildings as flood waters deluged houses and swept away cars. and the russian billionaire and owner of chelsea football club, roman abramovich, has been granted israeli citizenship under the law of return — which allowsjews to become citizens of israel. he has been unable to extend his british visa, following growing diplomatic tension between lond

and i think shinzo abe will want confirmation that is not the case. laura bicker in seoul.some of the other stories making the news. the european union is proposing a ban on single—use plastics in an attempt to protect marine life. the proposals target items like straws, cotton buds, cutlery and drink stirrers. they'd be replaced with more environmentally friendly materials. the eu also wants almost all plastic bottles to be collected for recycling by 2025. there have been more clashes and violence in nicaragua after students in the central american country tried to take over the engineering university on monday. the demonstrators targeted the pro—government offices of radio ya. around 80 people have died in nationwide clashes between government forces and students protesters that have been going on for over a month. —— radio ya. european foreign ministers have repeated their support for the iran nuclear deal, despite the decision from the us to pull out. after meeting in brussels, the eu foreign policy chief federica mogherini said europe's security was at stake. the russi

it's possible that shinzo abe makes a trip to the united states before heading to canada for the june 8th and 9th g7 summit >> thank you very much, susan. >>> just to give you a quick recap on our top story this morning, so far this week, president sergio mattarella appointed carlo cottarelli as interim prime minister that is the man known as mr. scissors for his us a terry measures in the past, back in 2013 he led a spending review in italy under the former prime minister that won his plaudits from economists but has not helped his popularity with lega and five star. speaking after his appointment he said elections would be held in the autumn or early next year he sought to reassure the public and investors about italy's finances and its commitment to the european yune runion. let's look at the italian banking sector intesa sanpaolo down 5.5%. as is bank ko bshco bpm bper banca down 5.83%. mediobanca down 3.35%. the yield on the two-year hit the highest level since 2013 you can see that the ten-year yield is now at 3.208. just to give you a bit of a recap on comments this morning fro

president trump and the japanese prime minister shinzo abe have confirmed by phone that they will meety summit takes place. to assess these developments, i spoke to the bbc‘s laura bicker in seoul. when it comes to those talks, they started on sunday. it was another surprise. these are top diplomats from the us and north korea, trying to reach some kind of deal they can give to their leaders. we think they will start to resume talks. a few days ago donald trump said there wouldn't be any talks between the us and north korea. now we are looking at two sets of ongoing talks. now we are looking at two sets of ongoing talks. in the border they are talking about the plans and in singapore we understand they are talking about the logistics so officials from north korea and the us meeting in singapore over the next few days. with regards to talks here, there is a long way to go and a short time to do it. remember how far apart the two sides. apart the two sides are. the us wants complete disarmament and then give economic rewards to north korea. north korea wants a phased approach. somehow th

he met with shinzo abe and li conflictsutting aside and territorial claims.t was stolen somewhat by north korea. five-month rout in the peso, which threatens to derail its economic recovery. the argentinian president said the loan would help avoid a crisis like the ones argentina has faced for. he did not say how much money from ang soufht, but bloomberg source, the figure is $30 billion. global news 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am tom mackenzie, this is bloomberg. ♪ david: that is a wrap of everything happening in the world so far. big story today, beijing and washington remaining far apart when it comes to trade, following high-level meetings in beijing last week. that is coming from the commerce secretary. his comments happening with a clashing meeting at the wto. jodi schneider is here to talk about these trade talks. it was not quite good for trade, was it? jodi: not exactly. sel meetings. coun the u.s. started blasting china for its protectionist measure

we have shinzo abe, we have the chinese, we have the russians. and let us not forget that the foreign minister of russia is traveling to pyongyang tomorrow, ostensibly to weigh in on how these negotiations are going. if it were me, i would delay the summit until the experts had a little bit more time to prepare logistically and substantively. >> i want to see what you guys think -- changing subjects here -- on this somber day of remembrance that memorial day is. the president tweeted out this morning, before doing what is somewhat perfunctory for presidents, going to arlington cemetery, laying a wreath at the tomb of the unknown soldier. he said, "happy memorial day! those who died for our great country would be very happy and proud about how well our country is doing today. best economy in decades, lowest unemployment numbers for blacks and hispanics ever and women in 18 years, rebuilding our military and so much more. nice!" what did you think when you saw that? >> i thought that if the onion had tried to write a donald trump tweet that mocked

theirs infected the cover , that shinzo abe is backed -- that is in fact the cover there, that shinzobe is back. coming up, the turkish lira. we take a look at the currency's movements later in the show. riverfrontst, investment group says geopolitics will continue holding stocks back. we will have a chat with their chief market strategist next. this is bloomberg. ♪ . this is bloomberg. ♪ dave: there we go. inleasant morning over there tokyo. futures, not exactly painting the same picture. just over 40 minutes from the open, cash markets over in tokyo and seoul and sydney. dollar-yen. you're watching "daybreak asia." i'm david ingles. yvonne: i'm if on. -- yvonne man. nicholson, in kevin riverfront investment chief market strategist. he joins us from richmond, virginia. taking a look at the development we've seen overnight with italy, our last guest saying, this feels a little bit different. perhaps the things could be a turn for the worse. does this have a whiff of what we saw in 2011 and 2012 of a sovereign debt crisis in europe? >> i don't think that it is going to be a sovereign d

shinzo abe, have been discussing korea by phone. and north korea takes place. the latest developmentsmes to those talks, they started sunday in secret. it was yet another surprise on this peninsula. some kind of deal that they can give to their leaders. to resume talks. talks between the us and north korea. talks. and in singapore, we understand they are talking about the logistics. meeting there in the next few days. and a very short time to do it. remember how far apart the two sides are. to north korea. north korea wants a phased approach. to their leaders. to be any summit depends on that talk. nervousness. weapons. trump sees north korea as a win here. that they will meet on two occasions. ofjitters going on injapan. in the peninsula injapan. umbrella that he puts over the peninsula and japan. that that's not the case. making the news. in an attempt to protect marine life. cutlery and drink stirrers. they'd be replaced with more environmentally friendly materials. for recycling by 2025. the engineering university on monday. radio ya. that have been going on for over a month. to p

after speaking on the phone earlier — president trump and the japanese prime minister shinzo abe havegreed to meet again — before the us attends any summit with north korea. the latest search for malaysian flight mh370 ends shortly — with still no sign of the missing plane. it disappeared 4 years ago with 239 people on board. and this video is trending on bbc.com... a migrant from mali who climbed up the outside of an apartment block in paris to rescue a small boy who was dangling from a balcony is being hailed as a hero. the video of his amazing feat has been watched more than 10 million times. and now, as a ‘thank you', he's been promised french citizenship. that's all from me for now. stay with bbc news. and the top story here in the uk... a man in his eighties has died after his car was submerged in flood—waters following heavy rain across the west midlands. the man's vehicle was "completely underwater" in walsall. now on bbc news all the latest business news live from singapore. malaysia's new prime minister pulls the brakes on a major high—speed rail project as he tries to stabi

yvonne: trump is to meet shinzo abe ahead of talks with north korea. reignseopolitics supreme.he world of social value investing. we discussed the role of business in society with warren buffett's grandson. ♪

shinzo abe has pleaded japan's case while angela merkel made several requests for the eu in washington last week. confident that we have an exemption. why wouldn't we? australia is a country that has a free trade agreement with the united states.

i would like to thank christine president,ce president shinzo abe, president clinton, and president matt -- putin, and president macron. >> on my part, and on behalf of my colleagues, i would like to express my credit to the moderator today because i believe it was done in a professional way. you have managed to turn this discussion into a very lively, very interesting discussion. thank you very much. you have been watching a wonderful event taking place in st. petersburg in russia, the spief followed by a question-and-answer session by some of the world's most powerful leaders. vladimir putin never speaking a more true word then when john mickelthwait asked him who will win the world cup of soccer, he said the organizers will win. that is pretty good betting. on the other issues that we dealt with, it was a very serious discussion between french president macron and russian president putin, japan's president shinzo abe, and the imf managing director, they took on issues as wide-ranging as iran, climate change, korea, and all sorts of other issues surrounding opinions that went h the blo

it puts pressure on prime minister shin soave at a time when his a desk shin so i -- shinzo abe at awhen his approval ratings are at rock-bottom. wto on tuesday ruled the european union had failed to remove subsidized government develop and loans -- development loans, causing losses to boeing. it dismissed claims that similar claims for other models were also hurting the u.s. plane maker. canadian prime minister justin trudeau says his company is very naftato having a revised trade deal with the u.s. and mexico. there is a thursday deadline to present a new deal to congress. mexico, meanwhile, is less optimistic, saying negotiations are not easy. genie: comic book legend stan lee is suing the company he cofounded. reporter: the former editor in chief is seeking more than $1 accusing hismages, former business partner of taking advantage of him to steal his name and likeness. says hetor of spiderman was tricked into signing a document he couldn't really read during powell's sale 2 -- during ow's sale to a hong kong-based company last year. that looknk you for at the business news. it i

. >>> president trump said he spoke by phone with the japanese prime minister shinzo abe about the upcoming summit with north korea. it is still scheduled for june 12th in singapore. the u.s. officials are meeting directly with the north koreanh agenda. analysts say they are encouraged by the involvement. >>> up next, an urgent request from the fbi. the simple thing you need to do to protect yourself from russian hackers. >>> plus, the stunning amount of family just paid for that home in sunnyvale. >> and the temperatures in the 90s around san jose. day two of the heat coming tomorrow. upper 80s in the forecast. how long the heat will stick around. but there )s a simple so. the f-b-i says russian hackers have attacked hundreds of thousands of internet routers... just like the one in your home. security experts in silicon valley say nearly a half million routers are already under attack. did. >>> hackers have attacked routers like the ones you have in your house. nearly half a million are already under attack. hackers use them to get into our computer network and to see our data. >> it is be

john will be speaking with president macron, putin, in addition to abe. shinzo bring -- abe.ulia: and features right now unchanged. and looking at listening the restrictions on output from opec. europe managing to make gains, despite those concerns. from new york, this is bloomberg. ♪ david: welcome back to "bloomberg daybreak." i'm david westin with julia chatterly. this is a live shot of st. petersburg. we have seen president putin, president macron, we are waiting for john micklethwait who will panel witharkable cpa the vice president of china, president putin, president macron and shinzo abe. we will bring it here live while it happens. david: if i was in st. petersburg and president putin cracked a joke my would smile -- joke, i would smile. julia: relief after modest losses yesterday. oil, we will continue to watch that, going down in further 2% after 1.5% losses yesterday and the russian industry -- energy minister confirming that they are talking to the saudis about relaxing restrictions in light of the situation in iran and venezuela. something to watch. energy stock

the white house says the president talked with japanese prime minister shinzo abe about the north korean efforts. they plan to coordinate strategy for the expected meeting with kim. back to you. >>> jessica, thank you. >>> a little known bay area university with an unusually high number of foreign students getting u.s. work permits is now on the clock to prove it's not a visa mill. northwestern poly tech university in fremont told by accrediting agency to produce more detailed information about its students and the employers that hire them. this the school's promotional video. if it fails to comply, the school could lose its accreditation. according to research, npu ranked first among all colleges of its type with foreign students receiving work permits, nearly 12,000 over 12-year period. >> happening two men killed by san francisco police will hold a news conference. they are going to discuss the district attorney's decision not to file charges against the officers involved. on thursday the d.a. announced the officers will not face criminals charges because under the law no crime was co

i would like to thank christine lagarde, and like to thank prime minister shinzo abe. presidentclinton, and mccrone. -- macron. >> on my part and on behalf of my colleagues, i would like to --ress to my monitor moderator. i believe it was done in a professional way. you turned this discussion into a lively and interesting discussion. thank you very much. announcer: c-span's washington journal, live every day with news of interest to you. about up today, talking oil supplies and the impact on gasoline prices this summer. and, we will discuss the battlefield where 100 soldiers fun 100- were soldiers years ago this week. latest, a look at the technology designed to help veterans. some include a robotic exoskeleton and a monitoring system to help those affected by stress disorder. two hours.t under

i would like to thank christine lagarde, and like to thank prime minister shinzo abe. presidentclinton, and mccrone. -- macron. >> on my part and on behalf of my colleagues, i would like to --ress to my monitor moderator. i believe it was done in a professional way. you turned this discussion into a lively and interesting discussion. thank you very much. journaln's washington live every day with news and policy issues that impact you. coming up saturday morning, marketwatch reporter julian berman joins us to discuss the cost and value of college education as student debt rises. higher education talks about the top issues facing higher education in the u.s. and changes to policy under education secretary betsy devos. be sure to watch c-span's washington journal, live at 7:00 eastern sunday morning. -- saturday morning. join the discussion. weekncement speeches next in prime time. monday at 8:00 p.m. eastern, oprah winfrey representative steve scalise, rivals and saying, and attorney joe conscience, tuesday at 9:00 p.m. . me too movement founder tarana burke, clarence th

lowskilled foreign workers entry to japan for a maximum of five years as a part of prime minister shinzo abe'sillions of dollars in a love scam. the woman is hong kong's biggest victim of online love scams, losing 26.a million hong kong dollars injust 18 months. 0n the front page of the strait times, malaysia has agreed to go ahead with an mrt line betweenjohor baru and singapore. but despite going ahead, ways to lower the cost are still needed. the new government will review the project. it is hoped to be completed by 202a. now, babita — what stories are sparking discussions online? yes — let's look at what is trending right now. japanese hunters caught and killed 122 pregnant minke whales as part of its antarctic summer "field survey". japan says its whaling programme is for scientific purposes. that's despite a un ruling against its "lethal research" and widespread condemnation. dozens of pakistani shias have gone "missing" in recent months — after, according to their families, being detained by the security forces. they've never been produced in court or charged with an offence, but source

japanese prime minister shinzo abe has said tokyo will normalise ties with north korea if the nuclear of the abduction of japanese citizens, are solved comprehensively. mr abe was speaking after a trilateral summit with chinese premier li keqiang and south korean president moonjae—in held in tokyo. let's ta ke let's take another look at the rest of the stories in the news, then. malaysians are voting following one of the most hotly contested general election campaigns in the country's history. an opposition coalition, now headed by the 92—year—old former prime minister mahathir mohamad, is hoping to win power for the first time since independence 61 years ago. the current leader, najib razak, was once mentored by mr mahathir. the man who led weeks of protests in armenia has addressed his supporters in the capital, yerevan, as prime minister. nikol pashinyan promised human rights would be protected, and that corruption and election—rigging would end. a report by amnesty international uk claims that a secret scotland yard database of gangs is racially discriminating against young black

after speaking on the phone earlier, president trump and the japanese prime minister shinzo abe have agreed to meet again, before the us attends any summit with north korea. the latest search for malaysian flight mh370 ends shortly — with still no sign of the missing plane. it disappeared four years ago with 239 people on board. and this video is trending on bbc.com... a migrant from mali who climbed up the outside of an apartment block in paris to rescue a small boy who was dangling from a balcony is being hailed as a hero. the video of his amazing feat has been watched more than 10 million times. and now, as a ‘thank you', he's been promised french citizenship. that's all from me now. stay with bbc world news. now on bbc news — it's time for hardtalk. welcome to hardtalk, i'm stephen sackur. it is dangerous to generalise about the human impulse to create art, but it does seem it's often linked to the experience of dark, painful places. my guest today is a renowned poet and playwright, whose writing and performances lay bare his own intimate wounds. lemn sissay was abandoned as a ba

president trump has spoken to japanese prime minister shinzo abe and they both agreed it was "imperativeto completely dismantle pyongyang's nuclear weapons. the search for the missing malaysian airlines flight mh370 is due to officially end on tuesday. it's a little more than four years since the passengerjet disappeared on a flight from kuala lumpurto beijing. a search of a huge area of sea—bed off the coast of australia has yielded nothing. the journey to work on the number 840 bus in north yorkshire isn't your ordinary commute. it's just been crowned the ‘most scenic bus ride in britain'. however campaign groups are warning that rural services are in crisis. simon gompertz has hopped on board to find out how to keep the wheels turning. it isa it is a bus driver's dream. the 840 coastline at lee's leeds, takes in york, then had that would be on the coast. driving what has been crowned oui’ coast. driving what has been crowned our most beautiful bus route and getting paid for it is added davies. every day is a joy. it is beautiful. just bring people out of the cities into this beautiful

and next thursday, president trump is scheduled to host japanese prime minister shinzo abe in washington to talk about what the white house is calling "the expected summit with kim." so far, there is not a meeting or a call on the books between president trump and his chinese counter-part, xi jinping, to talk about the summit. last week, the president blamed china for causing kim jong-un's new harsher tone, even though north korea has denied that influence. jeff. >> glor: weijia jiang, traveling with the president. weijia, thanks. missouri governor eric greitens, a one-time rising republican star announced today he is resigning. greitens was facing possible impeachment and multiple criminal investigations. he spoke earlier at the state capitol. >> this ordeal has been designed to cause an incredible amount of strain on my family. millions of dollars in mounting legal bills, endless personal attacks designed to cause maximum damage to family and friends. >> glor: ed o'keefe is following late developments on this story tonight. ed, first of all, remind us what led to today's announcement.

he spoke with the japanese prime minister shinzo abe and the white house plans to meet face to face tordinate before the expected summit with kim jong-un. abe looking for security ahead of any nuclear disarmament deal north korea may make with the u.s. >>> a utah man accused of spying in venezuela and jailed for two years is home in salt lake city. family and friends greeted he and his wife at the airport. his grandmother draped him with the american flag. he went to venezuela to get married, but they were arrested waiting for her u.s. visa on what the trump administration says are clearly bogus charges. >> we have gotten maybe four hours of sleep in four days. i want to say thank you to all of the people here in utah for helping us. >> they met with president trump shortly after arriving to the u.s. over the weekend. senator bob corker has flown to venezuela to secure their release. >>> thomas garrett opened up about a personal battle with alcoholism. he announced he is not running for a second term to focus on recovery and his family. the 46-year-old member of the freedom caucus was

the white house says president trump will meet japan's prime minister shinzo abe ahead of his expected summit with john in. by phone on monday and say they share the same goal of dismantling north korea's weapons of mass destruction. the u.s. has sent a delegation to singapore to prepare for the summit, and another team is talking to kim's people. suffering its worst rout in at least 20 years as a truck strike wreaks havoc in latin america's largest economy. shortages of food and fuel have shut airports, schools, and businesses. fell.o paulo stock market news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i'm paul allen. this is bloomberg. that shift for tens let's exit savings will be recycled into global capital markets. markets are already struggling to couple with the fed's normalization plan. the prospect poses some additional dangers. should we be worried? >> one thought on china's current [indiscernible] have been dramatic's over the past decade. depending on how you look at it, this may mean china is exporting less savings to the

president trump and the japanese prime minister, shinzo abe, have discussed the prospect of a us andas "imperative" to completely dismantle pyongyang's nuclear weapons and ballistic missile program. the white house said the two leaders confirmed they would meet ahead of any talks between president trump and kim jong—un of north korea, in order to co—ordinate their positions. the announcement comes after us and north korean officials held their second consecutive day of talks in order to finalise plans for their heads of state to meet. the doctor tasked with leading a review into the gender pay gap in the nhs in england, has admitted there will not be a quick or easy fix to the problem. professorjane dacre, who's president of the royal college of physicians, will draw—up recommendations for the government by early next year but she says changing culture and attitudes may take a long time. at present, male doctors are paid on average £10,000 more than their female colleagues. here's simonjones. the nhs is the uk's biggest employer, but there are still big concerns about the gender pay

was put out by the white house about a call the president had today with japanese prime minister shinzo abe. the statement said that the two men will plan to have a meeting in advance of what the statement called "the expected meeting" between president trump and kim jong-un. so, while that june 12th summit has not been officially put back on the white house schedule yet, we do see it referred to here by the white house as an expected meeting, and you see a very important meeting in advance of that with the prime minister of japan. >> all right, jonathan karl for us tonight. jon, thank you. >>> next tonight, the hero teacher who stopped a gunman inside an indiana middle school, speaking out for the first time. jason seaman saying his bravery was, quote, the only acceptable action to take, turning the praise toward the student who was wounded. abc's adrienne bankert on the hero and the emotional reunion with the students he protected. >> everybody doing all right? >> reporter: a hero's welcome for the brave teacher, reunited with his stunts after confronting and tackling a school shooter. >>

president trump has spoken to japanese prime minister shinzo abe, and they both agreed it was "imperativeto completely dismantle pyongyang's nuclear weapons. the search for the missing malaysian airlines flight mh370 is due to officially end on tuesday. it's a little more than four years since the passengerjet disappeared on a flight to beijing. now on bbc news, it's extra time with rob bonnet. welcome to extra time. i'm rob bonnet. well, my guest today said recently "i'm a slugger — the harder you hit me, the harder i come back at you." boxer, maybe? actually, no. south african chad le clos is a swimmer with a bagful of olympic and commonweatlh medals to his name. the most famous of them he won was at the london 2000 olympics, when he beat the apparently unbeatable american, michael phelps. so growing up in south africa, where football, rugby union, and cricket are king, what led him to unleash his fighter‘s spirit in the pool? and chad le clos, welcome to extra time. um, i mentioned your approach to swimming in the introduction just now. and to finish the quote, i'll add "the more i bel

shinzo abe has pleaded japan's .

i would like to thank christine lagarde, and like to thank prime minister shinzo abe. president putin and president macron. >> on my part and on behalf of my colleagues, i would like to express credit to the moderator. i believe it was done in a professional way. you turned this discussion into a lively and interesting discussion. thank you very much. [applause]

shinzo abe has pleaded japan's case while angela merkel made several requests for the eu in washington last week. confident that we have an exemption. why wouldn't we? australia is a country that has a free trade agreement with the united states. we have a trade deficit with united states. had a trade relationship since the late 1950's. haidi: israel says it has proved that iran has been producing nuclear weapons. secret agents found documents that shows that iran lied. iran said israel was rehashing old scenarios and some say that he was repackaging old information. yahoo! japan fellow most in 13 years as shares slumped more than 13%. they were trading at their lowest fo 18 monthsr -- for 18 months. ceo needs to boost revenue through new products and services. central-bank action expected this week. the rba holding documents that shows that iran lied. iran today and looking ahead to the fed. a tepid conversation for those markets open later in the day. we are looking at closures concentrating in hong kong, south korea and large parts of singapore. let's take a look at the markets actu

north korea's ruling workers' party meanwhile donald trump says he'll meet japan's prime minister shinzo abe before the meeting with kim jong un spoke to abby on the following after which the two leaders agreed that they want the complete and permanent dismantlement of north korea's nuclear program it is the latest move in a flurry of diplomatic maneuvers surrounding the possible meeting in singapore next month an american delegation led by veteran diplomat son kim a former nuclear negotiator with pyongyang is holding talks with north korean officials to prepare for the summit meanwhile south korea says its president could also have a seat at the table it comes after moon surprise meeting with kim at the demilitarized zone on saturday well let's get more on the latest development andrew thomas is joining us live from the south korean capital so what more do we know andrea about kim yong chore and his visit to washington. well both yonhap news agency here in south korea and kyoto news in japan are reporting that this man is only as way to washington and he's significant because he has been im

president trump speaking by phone today with japanese prime minister shinzo abe.he summit is scheduled for june 12th in singapore. hammering out an agenda. analyst say they are encouraged by the involvement of seasoned diplomatic experts. >> we are in a very good window of opportunity and the leaders are taking the maximum advantage of that to see what is possible going forward. >> moon jae-in taking on a greater role. he has a second meeting with kim jong-un on saturday. >>> shooting an ash cloud 15,000 feet into the atmosphere. lava covers 2400 acres of the big island. teaming up with active duty soldiers to get a better look at the damage. vigorous eruptions still impacting the island. since the first outbreak happened, more than three weeks ago, lava has claimed at least 82 buildings, and most of those are homes. here is a look at the disaster in motion, what you are seeing is 54 hours of lava flow compressed in just seconds. a college student captured the images. and then stitched all of those images together capturing the slow but relentless creep of the vol

president trump will meet with japan to keep prime minister shinzo abe for the summit with kim -- beforewith kim. -- he is hoping to boost the chances of republican representative marsha blackburn. she is running for the seat that is open because of the retirement of senator bob corker. republicans hold a 51 to 49 advantage in the senate. city, maryland, one man is missing after thunderstorms caused flash flooding. in nearby weather station recorded almost 13 inches of rain. in three hours yesterday it is the second time in two years cut city has been devastated by flooding. british foreign secretary boris johnson is putting pressure on prime minister theresa may over brexit. in the telegraph, he repeated his call for the u.k. to make a clean break from the european union when it leaves the bloc. global news, 24 hours a day on air and at tic toc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm kailey leinz. this is bloomberg. mark: coming up, and supply shift from russia and saudi arabia taking a toll on the price of crude. more on the produc

do not forget that japanese prime minister shinzo abe will be in washington just five days before theeeting in singapore or you will get his thoughts and with the president before that. shery: do we know what the u.s. administration's stances on the foreign minister's remarks? bill: president trump told reporters late last week that a phased approach "if it happens very quickly, could be possible." he seems open to the idea that everyone will have to fight over about what is a quick response. whenll think in general you talk to analysts and people who have negotiated with the north koreans, there is not a consensus belief that north korea will give up all of their weapons. it all comes down to -- what is the definition of denuclearization? it a question of where some nukes and facilities are destroyed and does ultimately north korea retain any ability to keep or to manufacture nuclear weapons? that will be the hard part of the negotiation. vonnie: how will mike pompeo and kim yong chol communicate? it is very different territory than it has in the past. new york city is not north kore

speaking after meeting shinzo abe, the president said a search for the solution to the islands wouldseized the island at the end of the war and they kept russia from signing a formal peace treaty. towe believe it's important be patient and looking for a solution that would meet the strategic interests of russia and japan, one that should be expected to the people of our two countries. paul: global news 24 hours a day on air and at tic-toc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm paul allen. this is bloomberg. yvonne: thank you. asian markets are shaping up. let's get an update with sophie kamaruddin. sophie: asian stocks are mixed and the yen is under pressure. the nikkei to do five about to -- .2%. in sydney, off by .4%. energy stocks are dragging on the benchmark. brent extending its biggest loss in 11 months. the june 12 summit so on, the korean won is getting ground, hovering at 1073 handle here, weaker donald providing -- weaker dollar providing several leads. check out which stock is leading that charge. a company sensitive

speaking after a meeting with shinzo abe, the president said the islands are the northern territoriesthern territories as japan called them would go on. they have been in dispute and have kept russia and japan from signing a formal peace treaty. >> should be patient looking for a solution that would treat both russia and japan. it should be expected by the people of our countries. haslinda: global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am haslinda amin. this is bloomberg. haidi: thanks. yvonne: china's largest initial public offering said 20 15 has got the backing of some of the top 50 companies. tom mackenzie joins us. this is in a star listing, talking about this foxconn shares sale. tom: absolutely, could be the biggest on the mainland since 2016, foxconn industrial internet is the name of the company that will be listed. what we are hearing that baidu, tencent and alibaba have snapped up stakes, about 22 million shares, 22.8 exactly, over 13 yuan apiece. tencent and alibaba are such big

hundreds of japanese abducted according to the government and prime minister shinzo abe saying they should be released as well. >> all right. thank you, paula in seoul for us this morning. >>> more on this. harry kazianais is joining us live at 4:37. great to see you. >> thank you. >> it was a year ago that otto warmbier was released and essentially killed by north korea. how far have we come from june of 2017 to the release and return of the three americans this morning? >> we have come a long way. i remember a year ago talking about this and we were, if you fast forward to roughly december or january, we were on the brink of war with north korea. that would be nuclear war where millions of people would have potentially died. the steps are astounding. looking at the pictures pull at your heart. this is astounding and we're walking with history. we need to keep independe mind trica calls us to be skeptical of north korea. we need to remember the north koreans are still thugs and murderers and we have to keep your guard up. >> i think that is a good point here. you know, the president made

it is prime minister abe, shinzo abe, in japan.t is the leadership in australia, new zealand, singapore. people were counting on this summit. none should be surprised. and unfortunately, it is hard to see how this will be able to be reversed at least in the short term. >> despite the president saying that he hopes that they can get it back on track and that is what secretary pompeo said today, nick, oncen a egg has been blroken, how do you put it back together again? >> the text of the letter that the president sent to the north koreans made it clear or certainly left room for there to continue to be conversations. it did not use ready would word cancellation or it did not necessarily close the door. it actually found an opening to at least give some positive -- say some positive words about the north korean release for example of the hostages. so begin, i see at least an attempt to try to keep the door open. and yet do you need them to walk back some of the inflammatory xhent comments about the vice president? i imagine it will la

one more thing, prime minister shinzo abe of japan, will be meeting with president trump before any summit. >> all of this is on hyper speed. matt rivers, thank you. >>> president trump honoring the fallen and himself on memorial day at arlington national cemetery. the president remembered those who made the ultimate sacrifice. calling the love of country more deep and pure. >> they marched into hell so that america could know the blessings of peace. they died so that freedom could live. >> before making those remarks, the president used the memory of fallen soldiers to tout his economic achievements. happy memorial day. those would be happy and proud. best economy in decades and lowest unemployment numbers for blacks and hispanic ever. >> then came the blowback. among critics, dempsey tweeted, this day of all days should not be about any one of us. this day should be about those who gave their lives so we could live ours in freedom. not many characters needed from former cia director michael hayden. he summed it up with omg. >>> a powerful memorial day image emerging from the braves game.

shinzo abe has pleaded japan's case. angela merkel made a request in washington last week. australia has an agreement in principle and expects to be exempt. alibaba is warning the u.s. would suffer in any potential trade war with china. the cofounder and vice-chairman told bloomberg that beijing would retaliate against american tariffs and both sides would suffer. president trump has there and a range of measures, $150 billion against china. heard awould actually lot of jobs in america if there is a trade war. the tit-for-tat trade tactics will cause a retaliation. in fact, in china, they had just put on tariffs on soybeans. it will hurt american farmers. haidi: a very quiet session across asian markets. most a closed for may 1 labor day holiday. no trading in hong kong tactics will cause a retaliation. in fact, in china, they had just put on or mainland china. south korea also closed, including singapore. let's take a quick look at the markets that are trading. we are seeing australian shares with the earlier gains. getting closer to the rba decision. no change expected in

it will also be energy ministers , the prime among them vladimir putin, emmanuel macron, shinzo abe.t right now, the energy minister of russia as well as saudi arabia, alexander novak and delete also lay. fale.alid a they have been described as having a bromance because you cannot have one without the other talking about the trajectory of oil. i want to show you my chart here. looking at what i have called the temptation to produce, this is in your own gtv library. the one line here is that production target for oil. for russia you can see that is under 11 million barrels a day, but it is above that now. when you look at a relative to brent crude futures, it is now on the $75 handle. some folks are thinking this might rise higher, but you can see there is pressure to produce as this increases and people want more profits in their pockets. we will be looking ahead to see forum.mes out of the we have the ceo of russian oil giant rosneft. ross and -- russia has been trying to support iran in terms of what has been happening with u.s. sanctions, and i want to hop back into the terminal,

month and two weeks ago donald trump made a point to lobby for the release while standing alongside shinzo abe at mara lago. >> we are fighting diligently to get the three american citizens back. there's a good chance of doing it, we are having very good dialogue, we will keep you informed but we are in there and working hard on that. >> if it happens it would be a major victory, for the north koreans, they agreed to stop testing nuclear weapons and shutdown a nuclear test site. the location of this historic summit is being worked out. >> announced over the next couple days, location and date. >> is for windows detainees may be released, donald trump said on twitter they do. >> a favorite phrase at the white house. shannon: can for pres. juggle the federal council probe with denuclearize in the careers and making a decision about the iran nuclear deal with the key deadline? let's talk about it with senior strategic analyst and 4-star gen. jack keane. what do you make of this. the pres.'s legal themes is one of the reasons he can't fit down with special counsel is this is a serious time of prep

the white house says mister trump and shinzo abe spoke earlier today.ussed their shared goal of achieving "the permanent dismantelment of north korea's nuclear...chemical...and biological weapons and ballistic missile programs." the news comes after a week of back and forth from president trump on whether the summit with north korean leader kim jong un would take place. a u-s delegation is currently in north korea for preliminary talks ahead of any potential meeting-- that's a clear sign the june 12th summit in singapore... is currently back on track. (pam) a retired english teacher is giving president trump a grammar lesson. yvonne mason posted this picture on facebook of a letter sent to her by the president. you can see mason made several corrections on the paper. the former high school english teacher wrote a letter to president trump asking him to visit the families of the victims in the parkland school shooting. his response took mason back to her days as an educator in atlanta, georgia -- highlighting mistakes like capitalization and syntax. the

serious discussion between french president emmanuel macron, russian president vladimir putin, shinzo abe the imf managing director. they took on issues as wide-ranging as iran, climate change, korea. >> do you have any advice for the world in terms of how to deal with president trump? thatse you are somebody was associated with the election of president trump, and you look and see what has happened and there are many people here who are under sanctions. he has just withdrawn from the iran deal. what do you think you have got from the relationship with him? toi was not connected trump's the material campaign. donald trump has expressed concern about a new arms race, and i concur with him fully. the measures that we are talking about, north korea, iran, they are not doing it together, but that is another reason to talk about these matters. >> to me, the headline was trade. and the view, the consensus of the panel without naming donald raising real, questions about his global trade policy. david: still ahead on "bloomberg best," exclusive conversation with the wells fargo ceo tim sloan. tha