as chinese technology giant alibaba eyes a re as chinese technology giant alibaba eyes are possible publicng we ta ke eyes are possible public listing we take stock on how regional exchanges are competing for initial public offerings. —— eyes a. microsoft suspends software updates to fix a security threat, after users complained the patches froze their machines. it is wednesday, everyone! good morning, asia, hello, world! glad you canjoin morning, asia, hello, world! glad you can join us morning, asia, hello, world! glad you canjoin us for morning, asia, hello, world! glad you can join us for another action packed edition of asia business report. i am packed edition of asia business report. iam rico packed edition of asia business report. i am rico hizon. packed edition of asia business report. iam rico hizon. we packed edition of asia business report. i am rico hizon. we begin with hong kong, and the territory is changing its listing rules, maybe trying to attract what buster initial public offerings, such as saudi aramco, the world's a guest ipo this year. it is planning to allow compani

when alibaba came, treasury yields were not stable.hat shot up in the last two weeks and it is at a 10 % for aigh of 2.55 ten-year treasury. from that perspective, investors may want more spread to cushion the further volatility in treasury yields. in terms of demand, people have said they like the bonds because equities have been rallying and they like the company. of the treasury volatility concern, we will find out tomorrow whether there is demand for the bond. and if they do prices it. thank you for that wrapup, bond offering. coming up on the program we take a closer look at india's startup scene with one of the country's first ever unicorns. our guest joins us next. this is bloomberg. ♪ ♪ bloomberg markets asia, i am david ingles. haslinda: and i am haslinda amin. about company ceo joins ushe now. congratulations on this $90 million acquisition. is this a game changer? >> thank you so much. it is a pleasure to be on bloomberg. we are talking about the acquisition. it is game changing because mobile video is leading the world. in

back then he promised millions of jobs svia the alibaba platform how important is ant financial to alibaba> it's a key product. ali pay is not just a payments platform i was in shanghai last year, the only way i could pay for anything was via ali pay it's such a huge platform. it's all the services that are also added on to that. they have lending products, mortgage products, all the financial services around that it's engrained in a lot of the chinese lifestyles and daily lives, so it becomes more than somebody comparable to an apple pay or a samsung pay that's why it's a crucial product. it gives alibaba key data on consumers and a new revenue stream >> maybe people will have to start using cryptocurrencies instead. >>> one of silicon valley's biggest names made a big bet on bitcoin. head to cnbc.com to read how many millions peter thiel has invested in the cryptocurrency >>> german new car sales fell in december to 254,000. that's according to an industry source quoted by reuters the source said the figure fell in part because of fewer selling days during the month. new car sales in ger

grocery chain is in talks with alibaba. details ahead. >>> and trumpresident trump arrg in davos this morning as we learn more about his immigration plan and his pumped up infrastructure proposal. ♪ >>> good morning welcome to "squawk box" on cnbc. we're live from the world economic forum in davos, switzerland. i'm becky quick along with joe kernen, and andrew ross sorkin on this day in davos, let's look at the u.s. equity futures, yesterday was an up day for the dow. it was a day that you saw those s&p with the slight pull back, but some green arrows once again. dow futures indicated up by 70 points nasdaq up by 30, and the s&p by 7 points if you look at what's been happening overnight in asia, look at where those markets closed you will see that in japan the market was down

coming up, alibaba has scrapped plans to buy moneygram.al dissolves we will , take a closer look at jack ma's american ambitions going forward. this is bloomberg. ♪ emily: it was a $1.2 billion deal that could have reshaped the global fintech market, but and financial has scrapped plans to buy moneygram after failing to win regulators approval. what are alibaba's next steps in america? lulu, what are they? lulu: as of right now, we now -- know ant financial and moneygram said that they just saw no way that regulators could approve this deal. ant financial has agreed to pay $30 million to terminate the deal. they said they still want to collaborate together in working on partnerships, and that will take on something like what they have already done in southeast asia, where they have invested in thailand, indonesia, and also india. emily: a year ago when jack ma met with then president-elect trump, he promised more business in america. how does that take shape? lulu: right. so, not having the moneygram deal go through probably because origin

alibaba's next steps in america? lulu, what are they?now, we know ant financial and moneygram saw no way that regulators could approve this deal. to payancial has agreed $30 million to terminate the deal. they said they still want to collaborate together in working on partnerships, and that will take on something like what they have already done in southeast asia, where they have invested in thailand, indonesia, and india. emily: a year ago when jack ma met with then president-elect trump, he promised more business in america. how does that take shape? lulu: right. um, so, not having the moneygram deal go through probably because originally they were working towards that deal, it gave them extra initiative to really make those one million jobs happen. but even with this deal falling apart, it doesn't change things, because jack ma has said, until 2025, they hope that more than 50% of their revenue does come from outside china. when we spoke to them last year, they said they were on track with that target, hoping within five years they wi

but alibaba of late. >> i'm long alibaba. the prime targets across the street are it's magnitized to 2106789 i think it's going to go above that and it's going to be a stock that's 3 or $400 in the next three years. >> starbucks is getting crushed. what went wrong with the quarter? we will hear from the ceo later this hour. i'm melissa lee. you are watching cnbc. here's what's coming up. >> a top hedge fund says pass on grass. we will tell you which stock that fun is betting will fall. and vinny lingham, the bitcoin oracle talks about bitcoin and what to do with your coins when "fast money" returns. your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. >>>

alibaba jumped the most since june.r was used by more people in indonesia and india than google chrome. it has more than 430 million users globally. 51% of the indian mobile market compared with crohn's 30%. rishaad: coming up in the next hour of bloomberg markets, china economist joining us in a little over 10 minutes. looking at whether the chinese economy's strong momentum can hold into 2018. is that telling us about the state of play in china. this is bloomberg. ♪ haidi: i am haidi lun. rishaad: i am rishaad salamat coming to you from bloomberg's asia headquarters in hong kong. this is "bloomberg markets: asia." ♪ haidi: signs of confidence and china, today's reference rate the highest for 18 months. ant financial dropping its plans for moneygram. rules new transparency and europe, the implications will be felt on the other side of the world. rishaad: the new year and the new breakthroughs it will bring, the view from google's internet evangelist. the theme from the overnight session on wall street, tech will contin

emily: how do the strategies of baidu, tencent, and alibaba on ai differ from facebook and google andn when it comes to the strategy itself and implementation? kai-fu: interestingly, microsoft, facebook, and tencent have chosen to build the research in a powerful but kind research in a powerful but kind whereas google, amazon, baidu, alibaba are trying to take a product-driven approach to ai. i think both are interesting. i also think all seven companies are sucking up the world's top talent, which is not good for entrepreneurship and from an antitrust standpoint, and i think chinese companies probably the one part that sets them apart from the u.s. companies is there is not as strong a concern or regard for antitrust consequences, so you see the chinese companies really building empires, whereas i think the american companies having seen what microsoft went through with antitrust, what google and maybe facebook are going through, are more cautious with their core business. emily: can baidu, tencent, and alibaba become substantial players in markets were google -- in markets where fac

japan's bank said it would create 50,000 jobs in the us, alibaba said it will create a million newjobs. no concrete action on either front so no concrete action on either front so far. trump did put enough pressure on japanese carmaker so far. trump did put enough pressure onjapanese carmaker toyota at tim aker promise it would build one factory in the us which would create more jobs —— one factory in the us which would create morejobs —— tim aker promise. donald trump has not been as tough on trade in asia as he promised to be. what it has done is drastically change the direction of america's trade policy, very obviously putting america first. while there has been a lot of rhetoric, there has not been much in the way of concrete deals or action. it is still quite doubtful whether his strategy will push america first oi’ his strategy will push america first or end up leaving america behind. let us get more on our top story from our corresponded in shanghai,

and on thursday we will see the titans of the tech world, the likes of alibaba, of the tech world, the of aliba ba, alphabet, and of the tech world, the likes of alibaba, alphabet, and amazon, posting their earnings that day. i spoke earlier to the chief investment officer for the asia—pacific at deutsche bank. investment officer for the asia-pacific at deutsche bank. we don't really think there will be any material announcement, because as we said, it is the last meeting as chairwoman, so hence they will keep the interest rate unchanged until of course she hands over tojerome powell, and then we would expect the first rate hike to happen in march. and we know that in the interim we have the low interest rate environment. yes, there have been small hikes, but we have also had us tax cuts which have been helping corporate sentiment a great deal, driving up those stock markets, for instance. when do you think these will start to have an impact? so we think the risk is more on the upside, especially on inflation. so if tax reform comes through much better than expected, we have seen and h

global expansion strategy for alibaba. called the process flawed and politicized. jeff bezos and his wife are donating $33 million to a fund that helps to pay college tuition for young, undocumented immigrants. jeff says his father came to do is unable to speak english and alone, this is the largest ever donation to be received by that organization. and let's get back into the conversation. earnings in the gulf about the kickoff, s&p global ratings says gcc banks should see stable footing in 2018 after years of significant pressure. we have mohammed with us. we talked a little bit about that, but now the banks. it is looking like a positive year for them in 2018, i mean, some of the provisions and margin growth, there are things to be excited about. andes, compared with 2017 2016, the answer is yes. i think in 2018 we expect the banks to breathe easier compared to the last couple years, with asset quality with eight by the middle 2018 much of the deterioration, because of the change of the cycle, are already visible, and i

apple, amazon and alibaba. alibaba is fine.e chinese got comeuppance in the moneygram thing and president trump is not too cool on it. that said, i think alibaba is a well-run company and i would own the stock here dude oh, man, if i would have known these i would have put them on holy cow these are fabulous they beat my jams any day of the week, but mine have feet some stocks just won't fit children's place is a raging buy on any weakness and much more mad money ahead including a stock up 45% in the past year can mind, body continue its move i've got the exclusive for the ceo and then how this market's bad memory could be good for you and your calls, rapid fire in tonight's edition of "the lightning round" so stick with -- cramer >>> now at last it's rotating fast into fast-growing technology stocks, what are we supposed to make of a company called mind body, symbol mb, that's focused on the health and wellness industry. there are over two months ago we checked in with these guys from mind body that reported a huge, fabulous q

program looking to do an alliance with alibaba because alibaba also has something similar to it in theies door. there were reportedly talks between senior executives at kroger and executives of alibaba in china. not exactly sure what they were discussing that this is absolutely what the speculation is. true to that is interesting. wonder if it will go anywhere. canada had scratcher. lauren: tracee, thank you for image. after the vague reject international veterans laid. frosting and to stand out. that group fighting back. >> committeeman that we have the right to do that. we were actually paying for the ad. lauren: the head of another group not taking this lying down. this could be your worst nightmare. what happens when ballet gives the key to your $300,000 for rory to someone else. i wouldn't give them a tip. ♪ set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com who lauren: let's get you caught up on what's going now. larry nassar, former doctor for the women's national gymnastics team will be spending the rest of his life in pr

alibaba bought a stake in november. about a 40% stake.yers getting into the physical retail space. of course, they want to harvest some of the data to help with targeted advertising, and of course, they want to continue to carve out a market around mobile payments, and tencent and alibaba are the two big players in that space. betty: it's incredible seeing foray intocompanies this old-school retail space. where does this leave ambitions for wanda? tom: wanda, like other big inquisitive areas are in retreat, under pressure from policy. it's part of the ed risking -risking campaign. just last year, of course, wanda sold off some properties here in china and some of its resorts to our enough properties -- rnf properties and soon act. it is pushing down some further assets and properties in australia as well worth about 255 million dollars. this commercial property unit was delisted and privatized in 2016. what was said to some investors was i am going to read lifted in china. if i fail to do that by december, i am going to pay you 12%. he's

they said the actions are insufficient, the decision is considered a blow to alibaba alibaba's global reflect the protection efforts and cause the u.s. process deeply flawed televised, and politicized. the boston-based hybrid cultural tech firm, indigo, is dedicated to helping them sustain the planet. the company works to apply natural approaches and grow healthy food. indigo raised $47 million in a after another together $156 million. to push the company to a unit or status in late september. so how will the indigo use these funds? joining us now from boston, david perry, thanks a lot for joining us, how will you use these funds? >> during the business broadly, a lot of votes will be increased r&d spending. the core of the company is microbiology and applying that to agriculture and a lot of our investment goes into r&d spending. emily talk to us about how the : technology works. >> sure, microbes evolved with plants over hundreds of doing to beers to help those plans by our stress and that could be helping them feel that it would lack of water or it could be helping them resist atta

a big week ahead for tech stocks in particular with microsoft, facebook, alibaba, outlook, -- alibabahabet all reporting. to the walltraight with ramy inocencio. ramy: you have to take a breath there saying all of those names coming up this week. just taking a look, i looked at the earnings analysis function just now, if you are an investor in tech stocks, it might be of interest to you that they have surprised the most to the upside apart from just one s&p 500 sector, the energy sector. looking into this, we might see volatility swings to the upside when these stocks do report. first, faced took -- facebook. in terms of revenue and earnings, expect a revenue popped by about 42%, but that could be the slowest pace since 2011. who is not going to take $12.5 billion in terms of revenue? thing is as revenue. the white bar is price per advertisement your per year, it has been rising the past three quarters. the blue bar is falling, that is the number of advertisements delivered, the advertisement load. one might circumvent the other but analysts are thinking this might compensate in terms

alibaba gained 1%. they finished the day at $198.33. and to the economy now, where the number of americans filing for unemployment benefits rebounded from the a 45-year low last week. jobless claims for state unemployment benefits increased $17,000 to a seasonally adjusted $233,000. that rise, less than expected, and points to a labor market that is still getting stronger. >>> a key part of the economy of course is housing. and the housing market slowed in december. new home sales last month fell sharply. so did existing home sales, which we reported on yesterday. is this just a winter slump or a warning toer the spring? diana olick reports tonight from washington. >> reporter: weather it was older homes or newly built homes, fewer of each sold in december. and you can't ly blame cold weather. for new home sales the smallest drop was actually in the northeast where weather was worst. >> three bedrooms. >> reporter: for existing homes, the problem is likely lack of supply more than weather. the number of listings in december was 10% lowe

to them grab singapore, indonesia, and we also see alibaba acquiring.nvesting in that part of the world. overall, i would not say the u.s. is becoming a less attractive place. but the kind of deals happening there will be in the minority. on the partnership side, tencent has invested in tesla, snap and so on. those types of deals will still probably happen. betty: more partnerships than actual buying of companies. of the m&act most will become some traded in a tech area in asia? jeremy: we think there are two areas that have been very active. one is tech, obviously. and the other is e-commerce and retail. we havey in the u.s. the amazon deal this year. but chinese e-commerce penetration is a few years ahead of the u.s. we have seen online and off-line deals happening 2014 with alibaba investing a lot of this off-line retail assets. that continues toward this year and we expected to continue in 2018. that will be the active part. ai and technology, it has been the focus of a lot of companies in china. many need high-tech companies to drive their business

also in the programme: the united states blocks the billion dollar takeover of moneygram by china's alibabaecause of national security concerns. and cutting the cables. retailers are among the winners. and cutting the cables. we meet the boss of one firm that's bringing wireless charging to the masses. so, is it finally time to say goodbye to tangled wires and bulky chargers? and global car sales hit a new record, despite taxi apps and big investment in public transport. so we want to know — will owning a car ever become a thing of the past? let us know if you've got rid of your car. let us know. use the hashtag bbc biz live. hello and welcome to business live. i'm getting rid of mine this month, that's the car! the most significant changes to europe's financial system since the financial crisis come into force today. the eu's new rules are known as mifid two and are intended to protect investors, giving them better value for money and making europe's financial services industry more competitive. now, one of the biggest changes centres on the research investors use to decide which shares to

i think the dark horse here is actually alibaba and they are the smallest of the mega caps today, buteen beating thein could census expectations by a very material amount, and if the magnitude that have upside continues, then they could possibly get there first. >> rob, whenever stocks start approaching these milestones, we start misuse the law of large numbers in talking about them so isn't that a risk here that when some of these stocks get close to that trillion dollar market cap that people freak out? >> they do there's some real precedent for the psychological barriers and 1 trillion is certainly going to be a psychological barrier, never seen it before, and i think here the difference is that the earnings multiples are not that high for many of these names. you know, amazon's obviously very high multiple stock and so is ten-cented a names like facebook, google and alibaba not so much, and if the earnings growth is there, then i think it's very difficult to hold the market cap back. >> and i wonder if we're talking about facebook, amazon, alphabet, google all having trillion doll

. >> alibaba shares up another percent plus and that's talking about amazon alibaba is up almost 15%he start of the year. there's stories about kroger executives having visited with them i heard that last week as well very much unclear what if anything comes out of it bob is up i would argue and i heard this more because of a possibility of a dual listing in hong kong. something jack ma spoke about as a possibility. you may recall when alibaba went public here, one of the main reasons they won the ipo, hong kong didn't sign off on the governance structure, wouldn't allow it to procession there they changed that. the pro inspect of listing in hong kong and demand it would create is helping alibaba shares. >> hong kong one of the strongest right now and it would help both probably, hong kong market at least in the short term and help maybe help alibaba's valuation as well. >>> northrop, rate hike of 10%, they gain 2018 above estimates. >> very strong 2017 group. obviously aerospace and defense, and i will point out, we have cat beating and raising in terms of earnings and it's up 1.4%

buy alibaba. >> karen. >> yes, go lumbar mlp, it goes to glng. both >> brian kelly. >> payments are changing, square at the epicenter you buy it. >> dan. >> the gap and crap as we call it in the business, i think we have to look at the smh here i think we see weakness in the next days. >> i'm ma listily, that's the end of "fast money make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. >>> if you want to understand this market, i mean, really understand

tech earnings avalanche with microsoft, facebook, alibaba, alphabet, and amazon reporting.t is 8:00 a.m. across the emirates. this is "bloomberg markets: middle east." i am yousef gamal el-din in dubai. investors are betting on an expansion in corporate earnings. asia up 8% this year. let me show you the broader market. let me give you a quick tour, asian equity session higher, led by the kospi. china down 1.2%. to theto your attention foreign exchange space, the yen the study after the boj clarified comments on friday. japan still getting its head around a stronger yen. big moves in the swiss franc sanctions are expected from the united states, and in aussie dollar retreating from iron with losses in ore. , a squeeze concern on the supply side driving price gains. and showtch the board you the energy trades with brent crude specifically, still the years aslose in three hedge funds increase their bullish bets to a record high. up. 10 year, we have marched , 2.68% currently. the gold trade mostly unchanged. stand out in emerging market has been dollar-lira. let's check in on

. -- has opened the first of a planned chain of high-tech archrivalts allowing -- following alibaba. biggest foray get into traditional selling and like alibaba, it is counting on reaching customers online and off-line. will be allowing shoppers to use a mobile app and digital payment to complement their browsing. dhp said to be in talks with volley in brazil. the chancel us that exists for vale to take ownership. -- has been closed for two years after a collapse killed at least 19 people. let's have a look at 2018. eurasia group's warning that this year could see a geopolitical crisis on the scale of a financial meltdown 10 years back. the political risks unsold and -- consultants, joining us now, m.d. at eurasia group. pleasure to have you at the program. ,alking about your top risks the core of what could go wrong this year comes down to perhaps missteps or accidents on the geopolitical space. if you had to pick one, where would we most likely see that happen? the first two of the top risks are very pertinent for this region. 's vacuum, china importance given the retreat from the

trade representative's included alibaba in its list of notorious markets, but alibaba says it is notrate representation of the company's efforts and called the u.s. position on, biased, and politicized. fiat chrysler ceo said the company can double profit in five years by exploiting the potential of the jeep brand. he said cheap good groep 20% of the global suv market, equivalent to 5 million deliveries per year, and says tax cuts could further boost profit by $1 billion a year. we are counting down to the open of markets in china and hong kong. we are just minutes away, the hang seng up .9% when it comes to the premarket session, .8% for hang seng futures there. the china open is up next. this is bloomberg. ♪ ♪ haidi: it is 9:29 a.m. in hong kong. shanghai and hong kong markets with the feeling of positivity, picking up from u.s. stocks. we had u.s. consumer and retail sales and data beating expectations. of course that yen trading strongly, dollar-yen the lowest since september as we had -- what governor kuroda did not say in his speech today, the elimination of the words powerful

. >> i like alibaba which goes higher and i like badu and i am not going down the food chain with china right now. it is not right. particularly with all of these great stocks now being thrown away because the market has had a little bit of profit taking. when amazon goes after your industry, it is going to get hammered i suggest waiting until the group is less radioactive. but if you insist, buy centene luckily i got the man at the helm don't miss my interview with the ceo. do coffee and soda mix i am giving you my take ever i am eyeing one company to help you bank on warmer days outside. stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovert-term . prevagen. the name to remember. miss something you always pay your insurance on time. head to madmoney.cnbc.com. for drivers with accident forgiveness, liberty mutual won't rai

look at tencent, alibaba, these companies are growing rather rapidly.here is value in some parts of the marketplace, just not overall value. i think, the markets will be higher at the end of next year than they are right now. i think it is going to be a little volatile getting there. haidi: jonathan, talk to me about volatility. will that be a change from what we saw last year with extraordinarily low volatility even appoints be had inflation points. 0 may portend that we are getting at more volatility? ix is.that the nexv what do you think this year holds? are we going to see a turnaround for volatility? jonathan: when you have interest rates at such a low level, the tendency is you don't have a lot of volatility. as the adjustment. comes in and the bonds settle down, you will see volatility come back. volatility is good for markets. you want to see buyers and sellers making prices in a much more natural way than just a one way direction. i think all of this is good for a marketplace. i do think you will see more volatility. fid.i: mi how has that work

give them 800 plus stores, second only to an alibaba backed company.hen electric scooter -- a taiwanese electric scooter maker wants to make sure it's scooters don't add smog to the air. how this tech upstart is disrupting a gas entrenched market. reporter: locals call this the scooter waterfall, a daily torrent in taipei of taiwan's nearly 14 million motorized two wheelers, noisy and noxious, albeit necessary mode of transport. taiwan is banning fossil fuel engines in such view calls by -- in suchh vehicles vehicles. >> for about 10 years, the taiwan government has been pushing for an electric scooter to turn this very dirty motive cusp tatian to cleaner transportation. wasughout 10 years, it unsuccessful to we came along. go zero: they say i can to 50 kilometers an hour in just foreign to a half seconds. let's give it a go. perspeed is 100 kilometers hour with a hundred and 10, and her range. when the body -- when the batteries go bad, just swap an amount -- just swap them out. pop it in, and then reevaluate if anything is wrong with the vehicle. tal

cost two blocked alibaba affiliate ant financial from acquiring u.s.ygram. >> "the wall street journal" says future for deal making looks oblique u.s. government security panel rejected ant financial 1.2-billion-dollar deal to buy money gram because of concerns about security of u.s. customer data, and ant financial owned by jack ma, journal says washington move to join the protectionist party may signal end of china bid for investors when it comes to putting money to work in the united states. shares of moneygram down sharply premarket trading that morning, as you can see on screen 7% loss there american airlines southwest airlines to promise employees tax bill bonus to 1,000 dollars, airlines join host of companies at&t boeing, and wells fargo saying they will pay bonuses or invest more in training after biggest overhaul u.s. tax bill in 30 years slashes corporate tax rate to 21%, american airlines group up more than 14% from a year ago, southwest shares jumping more than 30%. 440-million-dollar powerball drawing is tonight, this is the nine they lar

in corporate news, reuters reports that alibaba and u.s. kroger have had early talks about working together sources say that includes a meeting when kroger executives traveled to china. ali baba has been testing a move to retail. interesting. >> some stocks to tell you about this morning ford reporting lower than expected fourth quarter profit the auto maker says it was hurt by rising commodity prices and currency headwinds ford expecting more pain to come from raw material costs this year qualcomm has signed sales contracts with several chinese wireless providers including leno video the deals could be worth up to 200 billion dollar o2 20billion dollars. we should tell you ecb right now the rate unchanged for all of us looking at where interest rates are going to be set by mr. draghi who will be having a news conference at 8:30. when we return, the cloud based applications for financing the ceo of work day is going to joining us after the break don't forget tomorrow starting at 6:00 a.m. joe's got that interview with, yes, the donald, pres

the deal would give them 800 plus stores, second only to an alibaba backed company.ooter maker wants to make sure its scooters don't add smog to the air. it plans to launch a trial of its swappable battery banks. how this tech upstart is disrupting a gas entrenched market. reporter: locals call this the scooter waterfall, a daily torrent in taipei of taiwan's nearly 14 million motorized two wheelers, noisy and noxious, albeit necessary mode of transport. taiwan is banning fossil fuel engines in such vehicles. 2035 is a long ways out, but getting ahead start. gogorow is the panasonic. motorned it's very dirty transportation to clean transportation throughout the 10 years. extremely successful till we came around. -- it was unsuccessful until we came along. reporter: they say i can go zero to 50 kilometers an hour in just four and a half seconds. let's give it a go. reporter: top speed is 100 kilometers per hour with 110 an hour range. when the batteries go bad, just swap them out. >> what changed is the way we fuel the vehicle. pop it in, and then reevaluate if anythi

alibaba from china said it would create a million.it was going to build one factory in the us which would create some 4000 jobs. donald trump hasn't been as tough on trade with age as he said he was going. but he straps —— drastically change the direction of american trade policy, putting america first. while there has been a lot of rhetoric, not a lot in the way of concrete deals and action so it is doubtful whether his strategy will push america first or end up leaving america first or end up leaving america behind. in china, manufacturing and infrastructure spending and government stimulus have kept the world's second largest economy chugging along since the global financial crisis but over the past year, authorities have been cracking down on investments. that is expected to have dampened growth in 2017. fourth—quarter gdp numbers are out on thursday and our china correspondence has more on what to expect. the trend has been the growth in this country's economy to go down. it's still growing but that trend is growing down but the

it goes in comparison to alibaba. saying it's actually growing faster it's more diversified.taking payments better. a crucially, jack mar's relationship with xi jinping very good. and "the washington post" saying that's not so good, an important factor that could see the decade going for alibaba and amazon it was in yesterday's paper. >> and that goes very well with my must read my pick, "wall street journal," titled "sayers, say no to amazon." the professor richard ford talks about how finalists in bigger cities to solve finalists for amazon's hq2 he also thinks amazon already knows it wants to be in the d.c. or new york area but is trying to get the best deal by pitting these cities against each other. he writes at home they're all about fighting quality and gentrification and the minimum wage but they apparently have no problem forking over hundreds of millions of dollars, in some cases billions, to a corporate giant led by the world's richest man. saying they already know amazon's going to the d.c. area and just trying to get the best deal, like guys, walk your walk, talk

has accused alibaba of , anothertakes online sign of increasing trade tensions. -- the alibaba presidenter -- accurate representation of the copies efforts to protect intellectual property. he called this politicized and biased. -- the coming can double profit within five years by exporting the potential of the jeep brand. we were told that it could grab as much as 20% of the global suv market. he also says u.s. tax cuts could further boost profits by another $1 billion per year. unit says it does not plan to sell its subsidiary. it was suspended from trade on friday in shanghai ahead of a major announcement, that the company says the subsidiary investment,rategic the airline had been suspended from investment pending announcement of an asset restructuring. haidi: that is all for "daybreak: australia" this morning, but "daybreak: asia" is next. a vohn, some great conversations ahead. thene: where kicking off asia financial forum. of course, a lot to talk about when it comes to brexit. we talked about the pound rallying last week, we could possibly be heading into a soft brexit. le will b

the deal would give them 800 plus stores, second only to an alibaba backed company.xpand tencent's we chat mobile payments across the country. a taiwanese electric scooter maker wants to make sure its scooters don't add smog to the air. it plans to launch a trial in japan later this year. our chief correspondent takes a look at how this tech upstart backed by al gore is disrupting a gas entrenched market. reporter: locals call this the scooter waterfall, a daily torrent in taipei of taiwan's nearly 14 million motorized two wheelers, noisy and noxious, albeit necessary mode of transport. here is the thing taiwan is , banning fossil fuel engines in such vehicles by 2035. that is a long ways out, but the startup is getting a ready big head start. they are called by some, they tesla of scooters. stylish, cloud connected, and juiced. >> for about 10 years, the taiwan government has been pushing for an electric scooter to turn this very dirty mode of transportation to cleaner transportation. throughout 10 years, it was extremely unsuccessful until we came along. reporter:

alibaba, a subsidiary wanted to buy moneygram for the deal was scuttled when they failed to address concernsokesperson. dj he'll document his experience and progress on his newogram. anne-marie? >> maybe we'll get weight watchers-inspired music out of him. >>> st football play. why cincinnati bengals quarterback andy daltongoost fo charity, thanks to fans for another team. but he neverle if your cousin's wife's sister's husband isn't a lawyer, call legalzoom and we'll connect you with aat legalzoom. where life meets legal. ♪ ♪ ♪ ♪ the all new 2018 camry. toyole ly mu-um dinosaurs only eat meat! and country crock is made with plants. country crock has always been made with the goodness of plants. it has real, simple ingredients... and the same country welcome to crock country. yeeeeaaaahhh! hmmhmm.now. if you want a max strength alternative to cough drops take cépacol instamax. this will provide fast relief. look! unlike regular cough drops take cépacol instamax. it contains 2 max stredual power relievers and cools in secin one lozenge. bye bye sore throat. knock out sore throat fast. psst, g

of technology front and financial is owned by jack ma the founder of the popular e-commerce site alibaba. stories becoming the first country in the world to bring in. men and women the same jumps from. business week. why do people always put the new brain and what. does that have to do with the stars. why do people jump on the treadmill in january only to jump back off in february. what do we really need for a good start to twenty eight. we ask the experts. your moment. total. this is the deadliest come to life combat and let's go right to our correspondent he is in central istanbul i'm joined by the show a couple of you know these political correspondents on those stories in just a minute but first this news just in and it's all about the perspective closer. they live to serve the. danger lurks in the water we were there all year long surfing waste and and polluted water not only being the witness but it kind of being victims i mean we see you troubles all gastric troubles. basically this a sort of always moment a backup of the nation full i was on a shelf. is really decent and you know

can an amazon, whole foods or alibaba model work in japan?would be exposed to the online trends, like any country. it is more about the speed at which it would happen. first of all, there is one big difference between japan and the other countries. it is an interesting case study for the rest of the world. online has thrived around the world on the basic of two messages, convenience and better prices. japan, it is already occupied. 55,000 convenience stores in japan. you could add almost 2 million vending machines, by the way. very much a small side, proximity, convenience, that already carries this to the customers. if you are an online player, you need to be better than just convenience. then you have other specific .actors the online payment system is not as good as we would like to see. needse aging population access to platforms like the smartphone, for example. over 65 years old, the patronage is small. [indiscernible] it is not happening as fast as some people would have expected. curious, taking a more macro view, we have not seen muc

alibaba has no inventory airbnb owns no real estate something interesting is happening.he reason i raise that particular quote is because all of you have talked about culture inside your companies. but fascinatingly enough, especially when you think of uber and airbnb, so much of the forward facing consumer experience was -- is not with employees at all when you think about that culture, how do you get there? i also want to get you on the regulation question too. >> i think on the regulation question, we have a former competition commissioner of the european union, vice president of the european union sitting in the front row, i'm sure she would be happy to chime in on this you know, number one is when you look at other industries -- so let's look at financial services industry, sitting here a decade ago, you had to pay for services they were talking about cdos, credit default swaps, all these great new products they built, accelerating the economy and making this stuff work the regulators were not paying close enough attention to what some of those issues were that were

numbers are coming out on the tech side, with alibaba and tencent rising rapidly. companies are going along for the ride. of a halo effect is there from tencent? does that help? it certainly does. a lot of these technology companies are keen to get tencent or alibaba on board because that means you have a bigger echo system you can plug into. having tencent is one of your key backers means you are more likely get plugged into the echo system and get an increase in the number of users you have got. app over is this video others that are available? david: this was a bit of a sleeper hit. lowerer base come from cities, not beijing or shanghai. it do ace where people stunts." style people show their lives and experiences. , keyconomy developers areas of growth are those cities. this is a way to target those users and get more growth. anna: thank you very much for your thoughts. if you are a bloomberg customer and you are about to leave for work you can turn on tv . you can catch up at any time. you can follow the charts, and implements the conversation. let's turn

does business with alibaba. of course our equivalent roughly of amazon. huge e-commerce company. intel warned these chinese companies about its flaws in its chips. the reason that this is becoming such a story is because some of the some of the flaws in the chips basically left systems vulnerable to hacking. that is where this comes about. in fairness, so far none of the information has been misused by china or anybody else. i just kind ever want to make the point on intel's behalf so to speak, they basically told their clients before they told the government but the problem is in this land where technology and security are so important, it might have been nice to give either the u.s. government or the nsa or somebody a heads up somewhere. trish: before you tell china. >> before you tell the chinese companies. the worry if alibaba knows, lenovo knows, perhaps, that is inference that is not completely been confirmed. the chinese government would know. that i think the potentialities made everybody really nervous. the u.s. companies found out about it before the u.s. government inc

cannabis play possible and maybe that blitz on cryptocurrency so my five stocks, are we diversified alibabail, raytheon, goldman sachs for that crypto play, scotts miracle grow for the cannabis play and boeing what do you think, jim >> i was doing a piece for my wednesday conversation all talking about the idea of why to own goldman. you have it. scotts miracle-gro -- later on in the show we'll talk about that scotts miracle-gro, yes, they have hydroponic inside, you can use it to grow some marijuana plants it's legal in oregon and colorado to do that. raytheon is defense, boeing is -- i'm going to call it commercial aerospace and alibaba is the only chinese stock i'm recommending other than baidu. we have an online amazon for china, aerospace, defense, these don't overlap. we have a terrific company that does well regardless of marijuana. goldman i think is undervalued and does great trading and hedging including i think cryptocurrencies coming up donna in north carolina. donna? >> caller: hi, jim i so enjoy your show. >> thank you, donna. >> i can remember when you recommended boeing at $

alibaba, a subsidiary wanted to buy moneygram for $1.2 billion.l was scuttled when they failed to address concerns. >> weight watchers has a new spokesperson. dj khaled. he'll document his experience and progress on freestyle program. anne-marie? >> maybe we'll get weight watchers-inspired music out of him. >>> still ahead, an unexpected football play. why cincinnati bengals quarterback andy dalton is getting a big boost for his charity, thanks to fans for another team. but he never called me back! if your cousin's wife's sister's husband isn't a lawyer, call legalzoom and we'll connect you with an attorney. legalzoom. where life meets legal. ♪ ♪ ♪ ♪ the all new 2018 camry. toyota. let's go places. actually, the biggest dinos only ate plants! mu-um dinosaurs only eat meat! and country crock is made with plants. country crock has always been made with the goodness of plants. it has real, simple ingredients... and the same country fresh taste you love. welcome to cr

it drew comparisons to alibaba which sold 7 billion in november.n europe, monte paschi received orders to more than triple the subordinated debt it offered. milliond more than $900 a year after imposing losses on $5.2 billion of junior bonds during a government rescue. restored in order treasuries, $56 billion in , the highestgs level since 2014, while the 10-year option was at the strongest since 2016. treasury auctions calming down. the 10-year according to the highest level in 10 months. bill gross declared a bond bear market. 10-year treasuries which are at 2.55 probably over the year will go to 275, 284 number of fundamental reasons. that is a bear market but it does not really significantly affect total return in a negative way for bond investors. euroaves them flat for the 2018. jonathan: still with me, matthew hornbach, priya misra, michael buchanan. it 0% is a bond bear market, sign me up. --on't think that treasuries it is hard to draw a downtrend line for the past 25 years. jonathan: but you know we will do it. just going to drive a 20 f

about his will consider voting his alibaba units, this is allowing listings of the dual clashes.na's emerging man -- which is meant is while doing this. a listing from one of china's largest corporations would be a triumph for the hong kong exchange which is considering a number of changes to attract international businesses. dayal news, 24 hours a powered by what and 27 hundred journalists and analysts in more than 120 countries, i am kaylee lyons, this is bloomberg. >> hours after that's what selloff and -- they declared bear market and bonds have begun. we heard another bonking saying that is another -- a little early. kathleen hays is here with more. this was in this webcast that he put together. what is did he say? >> one of the original buntings, he is now the henderson capital advises but he says the bear market and bond has started, here is what he said, he broke a line.r trend we are now going back 25 years because this is pretty instructive, here you are with the benchmark 10 year treasury thing as high as 2.5, that was a pretty big move as you can see, you have to go b

they look at the rally and alibaba and tencent. money flows. >> i think there are many opportunities. percent, about $4 billion in alibaba and tencent. there is a lot of smaller companies. the hotel industry is a franchise model that has spectacular opportunities. there are many of those types of companies. scarlet: these are all publicly traded companies? >> private companies. scarlet: when you look at companies that have not listed, what opportunities are there for a foreign investor going in? >> it is largely foreign. china is a strange place in the sense that the greatest companies are not really chinese from an ownership perspective. tencent, most chinese companies are not available for investors. these private companies like , those companies are largely funded by foreign capital. julia: i want to talk to you about some risk factors for emerging markets. turkey, concerns about what is going on there. i guess mexico would be the one for me and light of the headlines over nafta. so from mexico, what is more important, nafta, po