as is the case for most em currencies and asia. -- in asia. to vonnie quinn with the first word headlines. >> u.s. job openings unexpectedly rebounded amid low unemployment in september, likely to fuel further wage gains and add pressure on the fed to extend its aggressive campaign to curb inflation. the number of available positions increased to 10.7 million in september, exceeding the median estimate in the bloomberg survey which forecasted a drop to about 9.8 million. the brazilian president has promised to respect the constitution but stopped short of formally conceding. his chief of staff acknowledged sunday's election defeat, saying the president authorized him to formally begin the transition process. bolsonaro broke his silence two days after losing to lula by about 2 million votes, the narrowest margin and brazil's history. spacex launched as falcon heavy rocket launched from the kennedy space center for the u.s. space force. the launch comes after a three year hiatus for the falcon heavy. the bulk of launches are handled by the more

this week we'll delve into asia since the early 20th century, following the korean war, asia has always been the land. the united states has found to be an enigma, the continent steeped in thousands of years of culture and regional disputes. it's modern politics, influenced by experiences of the past. history is inescapable. in contemporary asia will america's new economic plan for the region create new hostilities among asian neighbors. and biden's moves in the pacific happening with the ukraine conflict in its backdrop, china refusing to join the west in sanctions against russia. the chinese government recently revealing that over the past 5 months in 2022 trade between russia and china have actually spike 20 for said, year over year, bucking the u. s. as stated, goals of isolating and weakening the federation both economically and militarily. we'll discuss history's lessons learned by asian leaders and the apparent economic blowback experienced by western states who have joined the u. s. in its so called comprehensive sanctions against moscow. all right, let's get into the m o. i . u

many interpret this as the subjugation of southeast asia. but by the time the agreements are signed, it's too late to avert indonesia. economic crisis, riots break out more than a 1000 people die, and poverty returns to the country in full force. the international monetary fund has insisted that the government canceled many of its infrastructure projects as well as food and gasoline subsidies. it will take a decade for indonesia to recover. ah, south korea recovers much sooner as early as the end of 1998. until then however, society as a whole is going through a nightmare. so many people become homeless. you know, south korea has a tradition of not having homeless other than the immediate aftermath of the korean war. but we begin to have a homeless, homeless coming to the, in the parks. ah . and more than the great number of small and medium forms went bankrupt k and they were increasing. so the site k and keith, when the girl could not go to scores, they were taught her social trauma. in korean society k, it was at one of them most the trag

kathleen: you are watching "daybreak: asia." annabelle: we are counting down to the market open in tokyo and seoul. haidi: australia has just come online, the top story is asian investors are headed for the worst day since february of last year. make a cap text bearing the brunt of the selling. >> we still have some ways to go. incoming data since our last meeting suggests the ultimate level of interest rates will be higher than previously expected. haidi: chinese stocks rally even as authorities back covid zero, with lockdowns to the plan that makes apple's latest iphones. reporter: and bloomberg is live from the asia forum here in singapore. we have exclusive interviews plus the baron joey co this hour. -- ceo this hour. haidi: nhk, reporting a north korea missile has flown over japan. the north korea missile was separated into pieces, suspected to be made or long-range according to reporting at the moment. japan in the meantime warning its residents to take shelter from the north korean missile threat. these warnings have bee

economy perspective is asia now. ready the russian green country, what did you think is that russia or continue to go to was at the level that it's very much vision, fear it because you will be with you will be doing was coming from russia and you know, for a very healthy important you don't barrows, but i believe that the dynamic is going to change your, specially in the monster when you've been on a russian all in the biggest, you know, you've been treated in order for countries which is nice. asia, what we believe right? we need and we need to know that no one countries unable to please. all right. so what that means is that you would have to get people's lives for several countries to have a cookie replacement. all right, and i see is asia prepared for the winter? they're not necessarily known for a green agenda like europe. so i think that because the market is not able to predict, right. and your will have a better idea of prediction or probably not even countries heavily on natural culture. really starting to

for asia, the loss is much more significant because asia is so integrated. >> the world cup has beginn qatar. there has been intense scrutiny about the treatment of migrant workers and concerns about human rights. it was not the start the hosts were hoping for. their team was the in its opening match. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. kathleen: thank you. still ahead, he is confident in forming a government. but a former prime minister also says he has the numbers. before that, a look at the trading week ahead in asia. this is bloomberg. ♪ kathleen: let's look at the week ahead. we will get minutes from the fed meeting and more details on a rate hike for the fourth straight time. the bank of korea is expected to raise its key rate. european union energy ministers will meet on thursday. on friday, the strength of the u.s. consumer will be tested once again with black friday sales. on monday, china's big banks are expected to keep their prime rates unchanged. tha

this is "bloomberg "daybreak: asia." haidi: the top stories, a cautious open ahead for asia after u.s. stocks and treasuries decline with fed officials stressing the result to fight inflation with title policy. ftx new leadership reveals the chaos left behind as they struggle to locate billions and missing assets. xi jinping keeps up efforts to mend ties with u.s. allies warning against big competition in the asia-pacific. >> in kuala lumpur, malaysians are set to elect a prime minister. >> geopolitics are looking to end up this week which has been so dominated by these leaders meetings and the potentially impacting the economic impact for the region. look at how we are setting up this final session for the week. asx opening a little flatter. kiwi stocks are down by .10%. chicago nikkei futures looking tepid. the strength of the dollar is one to watch. we are also watching the aussie dollar holding steady at the moment. we have had two days of weakening on the back of the dollar. goldman expects the move higher to be cho

do you have any preferences out of asia fx?a, we saw that all of the dollars has been weakening against the u.s. dollar because of the aggressive rate hikes. if the u.s. dollar has been -- there will be soft term rebounds on the u.s. dollar in improving sentiments from google equity selloffs and as well as a neighboring path between the monetary diversion see. we saw strong momentum in the korean won in the near term, because of the close correlations with global sentiment, as well as exposure on the china reopening. in the near term, it will be quite good to look at the korean won rebounding. so, until next year, i think china reopening, and u.s. dollar picking up, will be the major themes of the asia currency. if you look at the tourist -- tourism reopening, it will benefit the currency. shery: the korean won you mentioned the exposure to china and the broad risk on sentiment, how long can this last one the actual trade figures, an economy that is dependent on exports do not look great and they seem to be deteriorating? >> i

sergey lavrov happily. watch further on our air program in the center of asia asia welcomes you with us. you will feel how the heart of the continent beats the most important and interesting news from this amazing peace. azi today in the program tashkent and st. petersburg is about who cherishes the common memory and successfully builds the future on this foundation. why do german science fiction writers write about kazakhstan as a place where the fate of the whole world will be decided, while european politicians do just that, as to the signed and still uncoupled kgts falconry world championship native people native cities, tashkent st. petersburg, tashkent leningrad in uzbekistan in the capital laid a stone in the foundation of the monument to the leningrad monument. this is a sign of gratitude to the uzbek people from the evacuees more than 5,000 children were taken from the inhabitants of the besieged leningrad to tashkent, the besieged city, at the base of the future monument, capsules with earth from the piskarevsky memorial cemetery. in st. petersburg, the victims of the block

i see is asia prepared for the winter? they're not necessarily known for a green agenda like europe. so i think that because the market is not able to predict. right. and you are better idea of prediction or probably not even countries heavily on cold, really starting to change the very do the water just off and the good you know, competition, natural gas competition cold bo especially so the low to ensure that even if there's a all the all the really handle. now the thing now some of the other countries i just thinking all the stuffing which has been, i don't know who want any power shot. and this is really interesting because actually shouldn't prevent me off of the doctor. your money again, the idea of having ration but this wrong can you switch and stuff become more obviously you can get energy mix. so i'll say that not usually they're leaving new york and they think asian countries like china, india are exporting diesel. but at the same time cutting down on domestic production and consumption, or are they being co, wh

and asia to the world.avid: today by that message from you? guest: with a good dialogue. there is agreement in some parts and disagreement in others. we have good dialogue. from a broad point of view, we are clear the best strategy is the we are pursuing. remove the underperformance in the portfolio, focus on the opportunity, connect the world to asia. if you look at it, 15% growth last year. if you look at it from a business point of view, our customers are trading internationally. double digit growth in the amount of customers. asking for banking services overseas. this year and last year. david: you can do that in your sleep. guest: our foreign-exchange business has done well. you have seen that in results. we had good growth in foreign-exchange income year on year. again, volatility. the uncertainty over the economy has benefited our business. our payments business last year, we paid, we moved $660 trillion around the world on behalf of albert clients. 90% was digitally transferred straight through proc

that's all we'll see you next week in central asia take care.tb team will offer a solution.ru. cross descent can be a sign of prostatitis. try the pills and you'll enjoy life vitas gifts, of course, you are not gifts, but a gift is needed. there are never too many gifts, always great deals on hello world.ru. it seems that everything with gifts is not all happy new year new year's billion. i want to win right now in the app.

zoe liu from the council on foreign relations, and nirav patel, the big boss of the asia group and former in the region. also on the show, as global leaders meet in egypt for the cop27 summit on the environment, what are the stakes for one of the most beautiful places on earth? i'm going to be asking the big boss of the caribbean development bank, dr gene leon. wherever you'rejoining me from around the world, a power grab at the top of china's communist party has big consequences for the global economy. yet with war raging in europe, a cost of living crisis, surging interest rates and a global energy crisis, china's president xijinping's consolidation of power at the communist party's 20th congress could easily get a bit lost amidst the noise. but china's critical place in the global supply chain, in world politics, in manufacturing and exporting and its growing power as a consumer and tourist powerhouse means that these changes are incredibly significant for the way the world's economy is going to develop in the next few years. so with the benefit of a few weeks' perspective, let'sjust t

welcome to bloomberg markets: asia.are live at the bloomberg new economy forum here in the lion city. rishaad: let's have a look at our top stories. nato and other western leaders calling emergency meetings after poland says a russian-made rocket killed two people inside its border with ukraine. fears of escalation in that part of the world overshadowing new u.s. inflation data supporting the case for the federal reserve to show restraint. >> in order to make america great and glorious again i am announcing my candidacy for president of the united states. rishaad: donald trump confirming he has back in the running for president as many republicans are calling for a new direction. we have more big guests live from the bloomberg news economy forum. we speak with the executives of general atlantic and mastercard. we have that sinking feeling again. we were starting off down. we had a bit of a recovery but at the moment it is the hang seng which was up at one stage. now it is two thirds of 1% joining of regional benchmarks

we will also discuss russia's brutal war against ukraine and its impacts, including in southeast asia. i look forward to continuing our work together with each one of you, to deepen peace and prosperity in the region, to resolve challenges from the south china sea to myanmar, and find innovative and new solutions to shared challenges. thank you again for the 45 years of arner ship between asean and the united states and all we can accomplish together. thank you. >> c-span is your unfiltered view of government. we are funded by these television companies and more, including midco. ♪ midco supports c-spaas a public service along with these television providers, giving you a front row seat to democracy. >> washington journal, every day taking your calls live on the air on the news of the day. we will discuss policy issues that impact you. sunday morning, we talk about campaign 2022 and what it means for the future republican candidates in 2024. then, when the results of -- what the results of campaign 2022 mean for the democratic party. watch live sunday morning on c-span or c-span now,

and if we go a little further east to southeast asia .at the summit in cambodia, with lavrov, who was present, the russian foreign minister said that he failed to advance his own agenda regarding the war in to ukraine, let 's not even talk about it there, how is the situation in russia, the question is, first, russia is really trying to sell this e-e epic with its full-scale invasion of a sovereign state not only in central asia or there in the region of southeast asia, this is a systematic propaganda work that has been going on for the ninth month, and of course there are counter-narratives that the countries in these regions perceive perfectly well, and therefore, let's put it this way, russian diplomacy has big problems with promoting its rashi narratives, this is a question for me it seems even well, arsen's forum is in cambodia, plus if you look at the same meetings of the un security council there, you will see a completely clear approach of the countries that support ukraine, the statements that are being made , and also see the ca

our own call toward north asia -- toward north asia has been neutral toward underweight.he case for most of this year. we've had an overweight on indonesia, thailand and hong kong, the latter based on the reopening. we had a neutral on china, korea and taiwan stop at some point in time, given the treat variations -- the cheap variations, that universe would beginning to bottom out and eventually rerate. we have to watch the china policy space and the united states and other demand environments to get a clear handle on that. it is clear that once north asia begins to rerate, the outperformance of south asia and india would possibly seize at least in the near term. one has to be very cautious and new bull footed in making that. haidi: at what point do you start seeing opportunities in tech, particularly china tech? manishi: very selectively opportunities have emerged there. i'm not talking about the internet universe. i think some of the internet and e-commerce companies are really cheap now. they have possibly bottomed out three weeks to one month earlier. as far as the ch

he is the author of the china mirage, the hidden history of american disaster in asia. mister bradley, thank you so much for joining us today, especially with the time difference. first, you know, there are a lot of political advisors out there in china observing the u. s. response to ukraine. now, despite the economic blow back, the whole world is experiencing, you know, this, this blow back from these western sanctions. it appears that u. s. is still doubling down. it's also encouraging germany to tamp down. you know, it's reliance on russian natural gas exports to the harm of its own economy. what do you think china sitting back there and making of all of this, you know, in terms of what is china making of the united states shooting itself? and what is china making of germany in italy in the you are shooting themselves in the head. china can't believe it's good luck. every countries want to good is want to good run to china. after seeing the united states steel steal the foreign reserves of a sovereign country, russia. it's almost unbelievable to just like the trucke

we must understand that south east asia, the nature of south east asia, is very dynamic. it's a very dynamic region. compulsive, diverse group of states. with very short term and long term interest. so given the fact that the international external forces take sides, we have to want to spend the se agent states maintain particular independence in terms of their decision making. as we can see with what they have been doing based on the ongoing conflicts around and beyond the region. so what we can see is that while there is a mounting pressure towards the unity allows the we look into the individual actions of states and we see variations which definitely point to their desire not to bandwagon freely and without really considering their immediate interests. so this is what we're seeing and this has been consistent with se, asia fascinating stuff. don mclean, galle, manila, bay, steel, physical analyst, and author. thank you. thank you so much. now the united states has branded russia a so called none market economy enabling washington to artificially inflate prices for imp

on this we will all see you next week in the center of asia take care of yourself. team will offer a solution at a high rate, and everything will work out. paid. make a payment by qr-code. scan the qr-code with your phone's camera from the terminal to get the opportunity to win up to 5 million bonuses from sber. thank you, pay as convenient, everything for 999. sberbank presents a loan with the lowest rate over the past 10 years from 4.5% apply for a loan at sberbank and return one and a half percent of the rate with sber bonuses thank you monthly new menu items all for 99 99 business. these are constant challenges simple decisions and big responsibility. i am an entrepreneur and used to find a way out of different situations. but now we are his business, he especially needs support, so i opened a business account. for 399 rubles. you can test yourself or subscribe to sber prime plus experience vivid emotions from watching sberprom at home plus access to movies and tv shows of the wolf of music in hi-fi quality without ads in the sound and other benefits of sber pri

asia cooperation? well, i guess russia has always been a part and parcel of asia as such, and be all gone through russia. you have to be euro asia, you know, like i'm in russia, i've known as euro asia, better for russia doesn't have a lot of importance when it comes to the question of europe. also at the same time when it comes to the question of asia as much and time i'll be patient conference has been very deep rooted it has been betty. very cool. it has been very significant transportation. russia and ties with india is very, very significant. and it is a very, very deep rooted, but time tested relationship they have out on out of the prime minister always keeps on advocating. there are external f, as minister has also advocated that many times and be here in india. we do understand the importance of the time time relationship with russia and our relationship with russia goes very, very deep. that's such, it goes even before the pre independent base. i thought, you know, like during the time of her

more to come on daybreak asia.erg. ♪ kathleen: now a quick check of business flash headlines. elliott investment management is planning to tender shares to phillip morris's takeover offer for swedish match. backing from elliott leaves the swiss tobacco giant on track to complete the takeover. the hedge fund holds a 10.5% stake and had the potential to block the deal. judging ping says he will sell all remaining ftp tokens. the coin of ftx crypto, in which finance used to hold a minority stake. finance holds about -- binance holds tokens worth $529 million. the choice was based on, quote, recent revelations. >> chinese officials have reaffirmed their position on covid zero. in order to get an accurate count of infections across the nation bloomberg has launched the china covid dashboard on the terminal. our asia consumer and health care reporter joins us now. it is obviously key for a number of reasons to track cases in china. the rest of the world mainly looking at the hospital cases and deaths but each individual

shery: this is "bloomberg markets: asia -- this is "daybreak: asia."own to asia market opens. in the last hour, more indication of the beginning google demand, with industrial production both in japan and south korea, surprising to the downside. haidi: and yet, what a watershed november it has been for the markets, particularly when it comes to chinese markets. the roller coaster of sentiment continues. we are writing -- we are riding high on hopes that the measures being applied in guangzhou it become market wide. annabelle: china and the fed the two big things towards the session today. we didn't see much of a move in the 10-year yield in the session prior. we did see the yield curve inversion reaching new extremes. that is typically a reliable recession indicator. it could be tested again today as jay powell, he is due to give a speech. in that, he is expected to indicate the need to moderate the pace of rate hikes for the months ahead, but also to keep up inflation fights. looking fairly range-bound at the start in the yen, even though it is on tra

i see is asia prepare for the winter? they are not necessarily known for a green agenda like europe. so i think that's because the market is not able to predict. right. and your will have a better idea of prediction. awkward, probably monster. but i'm not even countries that heavily on natural gas and cultural really starting to change the very to the judge and the good, the expected, you know, competition, natural gas competition, cold bull, especially so the low to ensure that even if there's a hole in the handle now the thing now some of the other countries that you're thinking all the stuffing time which has been, i don't know how to avoid any power shobit, you know, and this is really interesting because you actually should be going to be the doctor, your money again, the idea of having ration but this room and stuff become more fema new generation and then get energy mix so on the not usually even know that your role and do you think asian countries like china india are exporting diesel but at the same time cutting

you are watching bloomberg markets: asia.f hours we have a central bank decision out of thailand. when you look at the tightening cycle, the approach was regarding by some as a little too late to cool inflation. but things are actually changing. the economy is picking up. curis are coming back in. -- tourists are coming back in. join us now is krystal tan, economist at australia and new zealand banking group. so, are they going to hike rates? >> i think they will continue going 25, at least 2%. david: what is going well? >> they still of some work to do. we have elevated inflation expectations. we have growth picking up. it is a good time to reduce policy accommodation. we can start to normalize policy a bit more. there is pressure to go more with assertive hikes. the bot has more room to prioritize domestic conditions. david: the stars are aligning in some ways. unfortunately, some factors are beyond their control. the external picture does not look gassy bright -- gassy bright. >> what is going well for thailand is finally

that could also hit the biggest exchanges in asia.ength come back into the korean yuan. perhaps a signal there is risk appetite. that is also playing out in australia. looking at the open for the asx 200, one hour into the trading session we are still seeing gains for a fourth straight day. what is interesting is the disconnect we are seeing in the commodities space given we are continuing to see a drop for brent crude at the start. that does tell us how much traders in that sector are focusing on covid. casting a lot of doubt around reopening. shery: higher energy prices and gas prices and inflation was top of mind for voters in the u.s. the state of the economy as well. our next guest says places to weigh potential u.s. recession, thomas taw. blackrock. good to have you with us. have markets fully priced in a potential recession in the u.s. or elsewhere? >> good morning. that depends on how big a recession investors are looking at. for the most part, yes. it is quite obvious the macro data is deteriorating, the earnings picture gett

use asia in just a moment and i'll be back at the top the up. i'm good with the news asia coming up today, while the cop cleanups to put a spotlight on japanese football fans. there's praise and appreciation for japanese fans after videos of them cleaning up after games and we look at why some friends called this normal class. what a chinese spokespersons fumbling responds to a report question uncovered restrictions say about be doing 0 corporate policy. ah, i british minded, you're welcome to did up the news asia, glad you could join us. japanese fans at the football woke up in author are inspiring new standards of public behavior. again, videos and images have emerged of them cleaning up in the stands after football games, even when their team isn't playing. this isn't the 1st football woke up, or japanese fans have put others to shame with these actions. for the japanese though, this is just the normal thing to do. i meet this summer i blues, japan's army of noisy fans lighting up this world cup. armed with drums and flags and garbage bags. w

you know i have _ middle east as well as asia. you know i have to _ middle east as well as asia.as well as asia. you know i have to ask you, if you were still in the state department, what would your advice be to the current administration? you would your advice be to the current administration?— would your advice be to the current administration? you know, mark now m main administration? you know, mark now my main focus _ administration? you know, mark now my main focus and _ administration? you know, mark now my main focus and advice _ administration? you know, mark now my main focus and advice to - my main focus and advice to colleagues in the administration is a, to keep up what you're doing because there is a keen focus on effort on keeping allies and partners, and understood unity on how we speak about our interest globally. the second is we are in a period of increased tension, there needs to be greater efforts to improve dialogue between china and the us. in the height of the cold war, the us and the soviet union maintained dialogue and the means to prevent miscalculation

we hope that all the -- of asia -- all the nations of asia will understand our attitude toward collectivend may i say at this point i appreciate particularly the fact that with the rain coming down, so many of you still will stand there and listen. [applause] may i thank you for listening so patiently, and i may i -- and may i say to you as was the case three years ago, mrs. nixon and i have been deeply touched by the welcome that we have received all over your country. i trust that the years ahead will see the republic of the philippines make even greater progress in the next ten years than in the last ten. [cheers and applause] >> the next day vice president nixon visited the -- [inaudible] its long silent gun withs remain a memorial to the brave men who defended this island fortress. it's a bond between two nations, for it was here that fill pinots and americans -- filipinos and americans fought and died side by side is. the tunnel was also toured by the leaders who shared vivid impressions of its historic past. it was here that living quarters had been provided for the first philippin

we are counting down to asia's major market opens. haidi: the top stories this hour, presidents biden and xi meet face-to-face. shery: asian stocks set for a mixed open as fed officials argue more work needs to be done to fight inflation. haidi: u.s. prosecutors investigating the ftx collapse and binance ceo casts himself as crypto's new savior. looking a little tepid when it comes to sentiment. a huge amount of information to process. also looking ahead also to the meeting between the australian prime minister and xi jinping which could go a long way when it comes to diffusing some of these ongoing tensions that have built up over the past two years. we heard from the treasurer yesterday how they are hoping for a more stable, consistent, calmer relationship. downside when it comes to sydney to start the open as more stocks come online, about .1% lower. kiwi stocks higher by about .25%. we have the rba minutes to look forward to as well as processing. oscillating expectations when it comes to the fed pivot as well. we heard lael brain

asia is beginning to see that trend.that sense, banks will face greater hurdles vis-a-vis corporate's. david: the holders will see it coming? >> yeah, they should see it coming. you may think that for reputational reasons, you are going to call, but no, not these days. rishaad: thank you so much for your time there. >> you are welcome. senior asia fixed income and credit strategist there. looking at what is going on, the korean won extending gains against the dollar. let's have a look at first word news. ftx may have to seek bankruptcy if it does not get a rescue, saying that ftx is spending the week doing everything they can to raise liquidity. elon musk telling twitter staff that bankruptcy is a possibility, and that was in his first address to employees since that $44 billion takeover. twitter has a significant debt burden from the acquisition and has also seen a pullback from some advertisers. bloomberg also learned two senior executives have resigned. china vanke loan growth expanding by the slowest amount -- china

sri: indonesia is the biggest country in southeast asia.sia and asean as a place where they should have an influence but if they are going to force us to take a side it is going to be total war and that is not good for either part. it is good for southeast asia to continue this kind of cooperation and not online. i think this will be putting indonesia in a very strategic position. we want to cooperate using the spirit of, what you call it, off shoring from the country. at the same time we are not going to actually choose because politically, indonesia is not always aligned. haslinda: that was indonesian finance minister sri indrawati. let's get back to bali, where the be 20 summit is happening and we have jeff bezos of amazon speaking at the indonesian summit and he says amazon aims to power all operations with 100% renewable by 2025 and that his earth fund will make $10 million in grants this decade. again, jeff bezos at the b20 indonesia summit. let's get back to stephen engle on the sidelines of the b20 summit in bali standing by with ou

definitely no glaciers here in southeast asia, but i here in southeast asia, but strong elevated concernsese concerns that climate change is a serious and immediate threat to their well—being and an important issue that deserves attention. there's a strong sense of urgency in this region. and people are facing extreme weather events, as you mentioned, droughts, heat waves, rainfall induced floods. we have seen a number of those in the year alone, and what do people want their governments to do? what actions they want to do? what actions they want to see them take?— to see them take? they want national governments - to see them take? they want national governments to - to see them take? they wantj national governments to take that action and bear those costs. 0nly18% say governments are paying enough attention. they wants governments to encourage businesses to adopt green practices and give more support to solutions. for the private sector, they want to see better supply chain practices and better investment in our energy. in practices and better investment in our energy-— in our energy. i

stocks in asia modestly higher in the afternoon session. annabelle, i suppose it comes down to no further bad news on lockdowns is what the market is desperately clinging onto? >> that seems to be the story, it's difficult to we've a narrative into the session today because we have been pretty range bound. the nikkei is advancing in the session. the weekend had been supporting that in the day's trading. the csi 300 shifting to flat, it was earlier higher. there are additional covid restrictions, cases yesterday were more than 20,000, but also china giving more support to its property sector. it is telling regulators to stabilize banking loans to developers. and also to construction firms. that was something that had been lifting this sector by as much as two point 5%. we are also keeping an eye on how companies are responding to the signature policies of xi jinping. jd.com is one of them, basically saying it is cutting management salaries. the other story in asia is what's happening in malaysia, we did have that election over the weekend wh

is d, w, use asia? can a meeting between joe biden and cheeky? ping, ease tensions between countries and as a loosening of restrictions in 0 cove at china. mean the country is ready to open up to the world. so it's a bowl with b ranch manager unpaid visible to you again very soon here on t w by bases the dr nero's asia coming up today, how the us china rivalry is impacting countries in asia. your restaurant ties have been fraught for years and joe biden and she jumping on meeting today to discuss the way forward. we look at what countries in the region formed from the 2 leaders plus.

economy perspectives as asia. now. ready the russian green country. what's interesting is that russia, these, like all continue to watch you at the level that it's very much vision because you do feel more but you will be doing was coming from russia. and, you know, for a very healthy import narrows. but i believe that the dynamics going to change, especially in the monster when you been on russian all, it was the biggest, you know, but you have been treated in order for countries which is nice asia to replace russian file. we need to need to know that no one countries able to please. all right, so what this means is that you would have to get the welcome back me into this program to close to president vladimir putin as the address as the counsel coordinator, the special military operation in ukraine and western russia. so let's listen to the work we have launched this mechanism to drastically improve the quality. got enough, see, i'll cur, donation, and of page view of the one that you may need to use agencies, r

wouter: we like certain parts of asia.e like the parts a little exposed to what we call the regionalization trend to happening in asia where countries are taking some of their production capacity out of china and putting it in the philippines in vietnam or thailand. there are parts of asia looking structurally attractive, but for the region as a whole, given how dependent it is on the china macroeconomic story, there is still caution baked in. there is for us simply a timeline we have to monitor. when will china turn the corner on covid, when will it move forward on the property sector? we are not strong believers at this point we are there yet. tom: there's almost a consensus trade, investment grade u.s. credit seems to be something we hear from strategists and guests most daily. you like high-yield. you getting the premium? are you getting what is necessary to reward you for the extra risk? wouter: we think we are. if we look at the quality and high-yield, the average quality has moved up. when you look at the spread rel

most vibrant, open, civil society in all of asia, east asia much less northeast asia. how exactly did we get here? the clue is in this geography. look very carefully, it is all about geography. geography, essentially, was destiny when it came to korea. i tried to put -- this is a little bit of a dagger. this is the best icon i could find. what you see is for centuries, actually for millennia, well over 2000 years, the korean peninsula has been the geographical -- the bridge, the last point on the map, on the asian continent, that is the for this east. it is essentially a peninsula dangling. one of the wonderful historians once described korea, like a ripe fruit, dangling off the fertile asian continent. that is exactly what korea has been. what you are looking at here is, essentially, the korean peninsula has served as the gateway, or pathway, to japan -- as we see here. and, interestingly enough, what you will see is that if you look, korea has been described as a dagger pointed at the heart of japan. meaning that japan has always felt that -- korea was a threat. it i