of the year chinese stocks ended the session in positive territory for more let's cross over to andrea hang in singapore andrea how much of those gains are actually down to those trade talks between the u.s. and china a lot of it has to do with the chinese china us to. provide a very big boost to the market sentiment over the last few days now is also a rare glimpse of hope in what seems like a very tumultuous year for in twenty eighteen and according to reports trump a good call the chinese premier see jinping so this is possibly hinting at the goes he has been well underway as well as even a truce and a mutual beneficially agreement being mapped out now of course not all asian markets ended on a positive note tokyo's nikkei is not trading today gio bank holiday but it ended some twelve percent down what are the biggest risks for asian markets right now what confidence overall is low for markets in asia and it is expected to remain saw over the next few quarters of course all eyes in deep breaths being held over the chinese and us talks and how those will pan out whether or not there will

of the year chinese stocks ended the session in positive territory for more let's cross over to andrea hang in singapore andrea how much of those gains are actually down to those trade talks between the u.s. and china a lot of it has to do with the chinese china us talks that provide a very big boost to the market sentiment over the last few. now it is also a rare glimpse of hope in what seems like a very tumultuous year for twenty eighteen and according to reports trump a good call the chinese premier see chimping so this is possibly hinting at. being well underway as well as even a truce and a mutual beneficially agreement being mapped out now of course not all asian markets ended on a positive note tokyo's nikkei is not trading today jus a bank holiday but it ended some twelve percent down what are the biggest risks for asian markets right now well confidence overall is low for markets in asia and it is expected to remain saw over the next few quarters of course all eyes in deep breaths being held over the chinese and us treat talks and how those will pan out whether or not there will be

all right let's get the view from asia now let's cross over to andrea hang was standing by in singapore good to see you japan's nikkei rebound somewhat but overall asian markets are struggling is it all down to the u.s. so does asia have problem of problems of its own. merry christmas monica indeed not a very merry what though. it is very much higher the almost entirely due to the what's happening in the us it's a global wrote. even more so than they don't misstate no reasons behind it all here in asia obviously add to that the recent remarks from donald trump about the federal reserve and how it's being managed statement in commands that also did little to call in business any. point in even. possible global recession so that scaring in business a little bit here i can imagine and of course let's focus on one particular company in asia currently going through some rough times and this one of course making headlines for all the wrong reasons just to remind our viewers what happened on tuesday a japanese court granted bail to the former right hand man of detained x. nissen chairman carlo

and correspondent andrea hang in singapore will bring us analysis on the story a little bit later in the show stay tuned for that. now here in germany an era draws to a close today as chancellor angela merkel steps down as leader of her conservative c.d.u. party a party conference is getting underway in hamburg today where delegates will elect merkel's for placement and possibly germany's next chancellor let's take a look now at eighteen years at the helm of the christian democrats. going to merkel's announcement in october came as a surprise europe's longest serving elected leader is aiming for something no modern day chancellor has managed before her controlled exit from politics. acted so i won't run again as party leader at the next cd you party conference in hamburg. this is fourth term is my last as the chancellor of germany. machall became the first woman at the top of the c.d.u. in the year two thousand surprising nearly everyone the newcomer from the east led her party's break with its political idol helmut kohl over party funding scandal even though core was her mentor the

all talking to andrea hang in singapore our correspondent malaysia seats more than three billion dollars in criminal fines that's a loss even for play like goldman sachs but how big is the reputational damage. well this damage is rather extensive this is going to hit the nation's capital markets and according to the attorney general if no action is taken against these culprits if the crime goes i'm punished it will affect its its credit integrity is well on malaysia's part so surprisingly unsurprisingly rather this isn't the first time that goldman sachs employees have been stepped under vista in malaysia for mahamed team allies now pled guilty to bribery charges and his deputy was also arrested on the same charges in malaysia. that's campbell is mindbogglingly big and it's about billions and billions of dollars much of it ending up in the coffers of government officials it did cost malaysia's previous prime minister najib razak the job of the last elections but is malaysia doing enough to clean up that side of the story. by and large to get high he is the malaysian government has been s

telecommunications equipment and for more on this story i'm joined now by correspondent and they hang in singapore andrea allegations in the arrest range of espionage to breaching sanctions on iran why is that been such a strong reaction on markets well it's been one big tumble up to another the markets today how in the obviously this mess is going to make shares shake and tumble all the way down a lot of your shares in asia took a big hit today to close down mostly and a lot of it has to do with concerns about how this issue is going to we on the potential of promising us china treat truce which which was a very big possibility right up until yesterday and i quote ways says it has no real details about the arrest but the company seems to be in real trouble doesn't it. yes it does this whole thing puts a lot more pressure on china than it wants to have and this is a risk comes after a long arm while we are there the u.s. has less u.s. lawmakers it's he has have been conducting since twenty sixteen and this is long before trump even became president so the allegations by the u.s. on how awfully is that of

keda one of the ten largest drug companies in the world so earlier i spoke to our correspondent andrea hangin singapore and i asked her what kate i saw in china well lots of things but not without a lot of dissidents from is a founding member who believed that the that yet was ition is going to take them away drive them away from their japanese roots it's a deal that took some nine months to fight of you convince them convince the majority shareholders to settle now it's is a lot to do with the economics of japan's from a physical industry the working age population is declining is shrinking in japan as we all know and that means that this is the cause of it because if the pharmaceutical industry is supported by the social security system so with a shrinking population the government is really keen on driving down drug prices now without some kind of diversification just paid congo for it to keep those prices low and already. it's already receiving a lot of criticism from pharmaceutical companies in japan as well as america and europe with the recent government be view on drug prices so is

let's get the latest on the story with a hanging in singapore hi andrea we heard the chinese foreign ministry demanding an explanation what is behind these accusations that men want you violated u.s. sanctions on iran while the claims against being one so right now are violations of the sanctions that the u.s. has on iran and particularly. delivering and shipping u.s. origin products to iran which we all which is. that the sanctions exist now whether those products. or not remains to be known so there's no real way of knowing what exactly these products are and truth be told the u.s. has actually been conducting. itself as a company for the past couple of years particularly since november sixteenth which is even before trump was me president we should say the u.s. and other countries have warned of national security risks in using way equipment it's even banned from some of their high speed five g. networks what do they say that beijing has actually been doing while the thing is deejaying is currently being accused by these countries or it's been alleged that. in cyber security issue

making keda one of the ten largest drug companies in the world earlier i spoke to our correspondent andrea hangin singapore and i asked her what takeda saw in china. well lots of things but not without a lot of dissidents from is a founding member who claimed that the that your accusation is going to take them away drive them away from their japanese roots it's a deal that took some nine months to fight of you convince them convince the majority shareholders to settle now it's a lot to do with the economics of japan's pharmaceutical industry the working age population is declining is shrinking in japan as we all know and that means that this is the cause of it because the pharmaceutical industry is supported by the social security system so with a shrinking population the government is really keen on driving down drug prices now without some kind of diversification petcock afford to keep those prices low and already. it's already receiving a lot of criticism from pharmaceutical companies in japan as well as america and europe with the recent government review of drug prices so this is the situa

and from on this story i'm joined now by correspondent and they hang in singapore andrea allegations in the arrest range of espionage to breaching sanctions on iran why is there been such a strong reaction on markets well it's been one big tumble out another in the markets today hello obviously this matter is going to make shares shake and tumble all the way down a lot of your shares in asia took a big hit today to close down mostly and a lot of it has to do with concerns about how this issue is going to we on the potential and promising us china treat truce which which was a very very big possibility right up until yesterday and are quite ways says it has no real details about the arrest but the company seems to be in real trouble doesn't it. yes it does this whole thing puts a lot more pressure on china than it wants to have and this is a rest comes after a long arm while we are there the u.s. has less u.s. lawmakers excuse me has had been conducting since twenty sixteen and this is long before even became president so the allegations by the u.s. on what. is that of being a threat.

andrea gaylord. >> imagine the loyalty of hanging in through the worst of circumstances. >> reporter: have you wonderedhow and the why? >> dogs are family animals, which means that we think of them as being pack animals but it is better to think of it as being family animals because that's what they want. >> reporter: we caught up with trish king today. trish is a canine behavior consultant, making a house call on buddy huffman's terrier named rocket. >> we are trying to teach him manners. >> reporter: he heard story about how the brother turned up a mile away while addison kept returning. that behavior fits the breed, trish told us. >> this particular breed is about making sure that what is theirs stays theirs and they're there to protect it. >> reporter: only it is more complex, for both humans and dogs losing a house in a fire is a traumatic event but we process them differently. humans tend to analyze their emotions, dogs live in the moment. >> in this case the dog is going to his home, recognize some of the stuff around the home, and because the people were obviously wonderful people who orte'sen

i'm andrea day for "nightly business report." >>> up next, what hollywood is hang. >>> the king of the seven seasd conquehe box office this weekend. warner brothers and d.c. comics "aquaman" brought in $72 million in the debut which includes ws prev disney's "mary poppins returns" wa second at $22 million. and "bumblebee" was number three. >>> well, the holidays are peri for movies with the range of new titles opening and oking to draw audiences. so how does the julie boorstin has a look. between thanksgiving and new ayear's is crucial time for mo teheaters and studios. holiday stretch generating 17% of last year's box office. christmas week alone often topping ha aillion dollars at the box office. this year three big franchises film opening ahead of yhristmas. disney's "mar poppins returns" and warner brothers' "aquaman." paramount "bumblebee". >> for the last three years we have had a "star wars" movie opening in midce er. we don't have that this year. but we do have a cadre of films ata nice slate of films th could really boost the box office. >> reporter: even without a "star wars,

us tonight, our own andrea mitchell, nbc news chief foreign correspondent and we have prevailed upon the chief white house correspondent for the "new york times," peter baker, to hangittle longer. andrea, you had a front row seat on the tillerson era at the state department. what did you make of this conversation with our mutual friend mr. schieffer? >> well, trust bob schieffer to be able to get that out of rex tillerson. that was the most honest, direct statement i'd ever heard from rex tillerson. he never fully denied the moron question when we reported it, as you recall, and when we asked him, he said, you know, i never discuss what i say about the president. he never flatly denied it. he didn't lie about it. we all knew he felt it. but for him to say he didn't read, he didn't take briefings, we all know that. but the other people around the president are not willing to quite say that. and this was a man who had been fired. he was just back from asia and at 8:30 in the morning he was fired and it was humiliating and a terrible end to a really bad relationship. >> peter baker as you know, from achieving the rank of eagle scout to running exxonmobil, rex tillerso

andrea mitchell reports" only on msnbc. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. but he has plans today.ain. hey dad. so he took aleve. if he'd taken tylenol, he'd be stopping for more pills right now. only aleve has the strength to stop tough pain for up to 12 hours with just one pill. aleve. all day strong. >>> another volatile day on wall street. a bumpy morning today. the dow dropping 4 to 50 points entering into correction territory as the sell-off continues. for more, let's turn to our expert. msnbc's ali velshi for the latest. while you're preparing for your own program in less than an hour now, thank you for coming in now and put this in context. what is it? brexit? china? >> it's a market in a bad mood, right? so when the market is in a bad mood, it looks for either things t

tennessee davis will join us behind holiday traditions and he'll tell us why we hang decorations on a tree and the voices of andrea delivers mass to thousands in st. peter's square. >> u.s. stocks suffered the worst christmas eve losses ever. disgraced actor kevin spacey is facing a felony charge in the alleged groping of an an-year-old in 2016. >>> now in a theater just down the street there is a way to see michelangelo's masterpiece up close and in digital form. >> bellissimo! bellissimo. >> you liked it. >> you believe that the message of christmas is really all about love. >> is it hard these days when we're living in a nation that is so mean and hateful? you say hold on to love. >> hold onto it because it's all we've got. >> what inspired you the most? >> leadership. >> it's well worth it. >> that is the most precious thing i've ever seen in my life. [ laughter ] >> okay. that is another christmas day tradition in my family. >> you have a lot going on christmas day. chinese food, watching ralphie and people are cracking up. we need to come over to your house. >> there's room for you! ♪ ♪ >>> i'm john dickerso

hang out with other white people. we are okay. you've done enough damage. >> laura: my breath is taken away. that woman you just heard is andreaer of the women of color retreat in costa rica that she went on to say that she's not doing this as a type of reverse racism. really? here to debate this, horace cooper and democratic strategist antjuan seawright. horace, if you replace white with any other group, what do you think the reaction would be? i think we are the only ones doing this on cable news which i can't believe. i saw this and i almost fell over. you can't really be serious. now our self segregating, which people can do whatever they want the dental claim that you are all tolerance. >> this is worse than that. this actually is bigotry. this actually is racism. look, what we are talking about is people using justified language in their own minds for saying it's okay not to associate with them or their kind. we don't want to travel with them. we don't want them to be able to fly. >> laura: they should stay in the united states, i love that. that was a good one. >> any time that my grandparents would've heard phrases lik