marika: we do still think it is attractive.ok at the overall em local index at the broad complex level, real yields are less than 2%. that does not look outrightly attractive. there are individual countries where you can still get yields in excess of inflation of 3.5%-4%. you compare that to where we are in the developed market world with significantly negative real yields. that looks attractive to us still. matt: where are those yields going? yields we think that over the long-term will continue to go lower. for more of a strategic perspective, we think it continues to be a very positive environment for fixed income broadly. so we have got an environment in which central banks definitely are not hiking anytime soon combined with the way of cash really propelling investors -- weights of cash really propelling investors. anna: the pile of em debt, matt was talking yesterday to the imf's new managing director and talking about the level of debt that we see in emerging markets at the moment. she acknowledged that she is worried ab

marika has said this normally happens during the weekend but now it is happening throughout the week.his is the central business district you can see here. lots of line on the subway are not operational today, where 7.5 million people try and use this service daily to get to and from work and school and university. but many workers are staying home because these protesters a re workers are staying home because these protesters are moving into the middle of the week now, on monday a protester was shot with live ammunition and is still recovering from those injuries as this escalates in hong kong. this is what is happening at the moment. you can see a very heavy police presence in the central business district. let's ta ke the central business district. let's take a look at some of the stories the media is focused on today. we start with the telegraph who say uk prime minister borisjohnson will promise a "clean energy revolution" as one of the prizes of brexit. he also said a conservative government would spearhead the drive to tackle climate change. meanwhile, the mirror leads with a p

thank you, marika oi.asia's leading business families arejoining southeast asia's leading business families are joining forces, one of the philippines biggest conglomerates is investing more than 200 million us dollars in two companies controlled by myanmar born tycoon sergei poon. the ceo of one of those companies told me about his plans in myanmar. myanmar is a fast—growing economy. even in the last few years, it has grown at more than 6% per year. the future is very bright. we are selling from a very low base. when we look around it is interesting that the philippines has a similargdp per interesting that the philippines has a similar gdp per capita ten or 15 yea rs a similar gdp per capita ten or 15 years ago, and if you look in the country, there is no better country, and a better company than ayala. ayala's experience over the last 10-15 ayala's experience over the last 10—15 years has allowed us a playbook on how yoma can play a role in capturing that group. yoma's strategic moves, what are they doi