angie: that is the word from asia. rishaad: we take a look at these talks over the transpacific partnership, they stalled again. the 12 countries continue to disagree over final details. we thought we would get something this morning. what is holding things up? >> the key issue is the dairy debate. a press conference could be happening later on today after postponing it several times. wire rightto the now. they have been talking about this ongoing discussion where u.s. and new zealand remain at odds on market access. new zealand wants more access. the u.s. offer so far is insufficient. we need to make sure that mexico and canada opens its doors first. that is a big sticking point right now. mentioningu keep on dairy. it is the key sticking point. yvonne: they have narrowed it down to a few. let's talk about drugs, they have come to terms on the intellectual property rights. basically, the u.s. said they wanted to extend these protections of these patent laws to eight years. other nations say that is too long. -- could

policy in the asia pacific region. i want to thank our distinguished witnesses for appearing before us today and for your continued service to the nation. america's national interests in the asia pacific region are deep and enduring. we seek to have a peaceful expansion of free trade, free market and free commons air, sea and space and cyber. these are values that we share with increasing numbers of asia's citizens. for seven decades, administrations of both parties have worked with our friends and allies in the region to uphold this rules based order and enlist new partners in the shared effort. an effort that now extends to states like indonesia and vietnam. no country has benefitted more from a peaceful regional order in the region than china. i am betraying my advanced age when i say that i remember being in the great hall of the people on the occasion of the normalization between our countries. since then, china's development has been remarkable and it is added to the prosperity of the world. unfortunately, we inc

positive thinking, hong kong leading asia higher.of a deal, but significant obstacles remain. china's slow down prompting the world bank to lower its forecast on east asia as a driver of growth. angie: the good times are rolling again in macau for now. casino stocks are surging after chinese visitors returned intros. -- in droves. warns itming chairman might be fundamental to the carmakers survival. air quality worsens again around kuala lumpur. the worst on record. all that and more in this edition of "asia edge car." asian stocks higher for a fourth session, the longest winning streak we have seen in three months. the weaker than expected u.s. jobs report will delay a rate hike.

here in asia, it looks like were picking up from where the u.s., how do you suppose that asia is going to play out in terms of his jobs figure and what else looking for this week. >> i think in the very short term, given the strong market the asian market would see a short-term leap. it should be positive for asian equities. i think let's not lose sight of the longer-term picture. the rate hike will eventually come. especially given the statement coming from historic china. we don't roll out short-term rebound. short-liveduld be a one. still more or less neutral on asian equities. are you searching for off anywhere and where you looking for that? i think within the asian space we like japan. japanese equities are quite attractive given the -- japanese companies have been using their armies -- for 11 consecutive corners -- quarters. valuations are quite attractive. we think japanese equities could outperform. the compact to the u.s.. angie: what do you think of the chinese market? what are your thoughts on what is your advice for clients who might

of asia and we have two of the most prominent here today and we are very lucky. is the chairman of the asia policy and the cyber and senators sullivan -- and let me begin with you to start a few remarks. sen. gardner: thank you very much for having me here today and braving the weather as this must be the calm before the storm, i think. i look at what is happening around the globe and from the event, and frighteningly so in the middle east with the russian activity into syria, our long-term interests related line in the asian region. if you look at the last several decades and the last several years, it is truly remarkable what they have been able to accomplish. but the question is, what are we going to do to make things right in china and to make sure that it will be a great nation alongside other great nations that adhere to international norms of behavior and follow the rules of the road of a truly great nation? comes to, when it questions of economy and questions of security and expansion in the south china comes to cyber security and intellectual property, r

this is on bloomberg.com/asia. later, expanding his reach. we will find out why mark zuckerberg is trying to increase access in india. companies are increasingly going green. our next guest says crude is here to stay. we will hear from the vice president of norway's biggest oil company. you are watching "trending business." ♪ >> welcome back. these are the stories making headlines around the world. iran has underlined its growing influence by joining in on the future of syria. the prime minister will be in vienna tomorrow at the invitation of the u.n. iran has backed president assad against rebel groups, some supported by saudi arabia. it has sparked one of the biggest refugee crises in history. hundreds of thousands of people are intemperate caps or seeking a new life elsewhere. the leaders of south korea, china, and japan will meet sunday for the first trilateral summit in more than three years. the president will host the prime minister in a sign of warming relations. on monday, they will meet one-to-one for the first time. links with toky

angie: you are watching "asia edge." ♪ ♪ rish: welcome back. you are watching "asia edge."tennis players are as -- here, and venus williams is there and also running her own fashion label. we caught up with her off and on the tennis court. >> my parents, especially my dad, and business off the court. always wanted to know who i was outside of tennis because when you are a young person and you start playing tennis at four years old, 30 years in, it is who you are, so for me, it was important to know who i was off the court, so starting a business is a big challenge, and it is important that i have good numbers, but it is also important that i understand the industry, as well. othern only rely on people so much, so i have definitely learned a lot in this is, and it has also helped me appreciate being at the top of my game in tennis, because when you start at the bottom -- let >> i imagine there is some disappointment with the training that you do that you take into the business side. just my personality also. i give 100,000%, so i have learned so much from tennis that i take

generally rish a very positive session once again here in asia. asian markets on track for the fifth session of gains, the longest winning streak we've had since april. >> also coming from sealing the deal with the trans pacific partnership coffing about 40% of world trade. it'll also of course lower tariffs on a range of products from rice to drugs. however, well, a lot of people don't like this one, do they, steve? >> of course. when you have a multi lateral trade deal like this there's give and take and some people are not going to be med. this is the biggest u.s. brokered trade deal since nafta that took effect in 1994. five years in the making. the trans pacific partnership includes 12 countries led of course by the united states, japan, and australia but does not include this big country right here, china. nor does it include south korea or thailand for that matter or indonesia or the philippines but a few other southeast asian countries and of course australia, new zealand, and the latin america countries including peru, chile, and mexico.

stay tuned to "asia edga."about reduced ambitions, china looking towards the end of the decade that it may lower its target for growth. this is bloomberg. ♪ we live in a pick and choose world. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number. don't miss the columbus day sale. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. right now save $600 on the #1 rated bed, plus 24-month financing. hurry, ends sunday! know better sleep with sleep number. john: with all due respect to jim webb, we are still waiting for your fundraising numbers. were going to give you 10 minutes. we are going to give you two minutes. ♪ mark: first, the cache with a drawl, the presidential candidates have until the end of the day to show us how much money they have raised in the past three months. ben carson is up there with $20 million in q3. jeb bush, $13

asia is growing 9%. they are trimming back there forecast for asia.e saying the market could be smaller than originally anticipated. in china they are cutting the heavy duty truck market forecast to 525,000. they are raising the market forecast for europe. very different regional breakdown. china slowing, south america and north america, slowing, but europe doing better. now, let's stick with europe. rallyday we saw equities across europe as mario draghi signaled willingness to use monetary stimulus for growth. druggie flagged the downside -- draghi flagged the downside risk. mario draghi: while it remains resilient, concerns over growth prospects in emerging markets, and possible repercussions for the economy from developments in financial and commodity markets continue to signal downside risk to the outlook for growth and inflation. the degree of monetary policy accommodation will need to be re-examined at the december meeting. new euro system projections will be available. the governing council is willing all the to act by using instruments availab

only nine in the world and they are the only one in asia.it comes down to that, it means possibly more charges in terms of capital. so they need to conserve more capital can's desk compared to their peers. as you can see -- they need to conserve more capital compared to their peers. as you can see, there is always a conglomerate discount for the company. yvonne: thank you for joining us. let's talk about more news now. national australia bank shares looking like this right now. after reporting a 60% rise in full-year profit this morning. the bank also confirmed that partial sale of its insurance unit. paul, let's start with the four-year result. it was pretty much not what analysts were expecting. paul: no, it's not. have prettyays giddy expectations when it comes to australia's banks. they had been expecting a four-year profit of 6.2 7 billion. the five date billion dollars was somewhat of a disappointment. as a result, we see shares off today. at dividend was is expected $.99. but it's the detail that everybody was really looking for, part

obama's rebalancing policy of the asia-pacific. and i would like to thank president obama for his warm words of welcome and his strong support. in late october the second time of the forum will be held in seoul and i hope that core korea and the united states will continue to engage in accommodation that forum and beyond. president obama also recognized korea's initiative in reviving korea-japan, china tri-tripe lateral talks that have the been on hold for the past several years and also expressed his high hopes for the korea-japan-china summit held in two weeks' time. we also showed recognition that such meetings may meaningful improve bilateral relations in our region. president obama affirmed that korea-u.s. relations and korea-china relations conclude cap patible -- compatible and support. the meeting between korea and the u.s., the u.s. and china, and now korea and the u.s., have built consensus regarding north korea and its nuclear program, and we believe that this will play a positive role in bring peace and stability in the

they have the policy of the asia pacific. beginning in 2010 the united states use the south china seas as an entry point to get involved i in the affairs of southeast asia. the it uses this issue to interview in the affairs of south china sea. the so-called freedom of navigation operation if it takes place will be provocative to china. >> let's talk about the spratley islands. they're 500 miles from china's clothesline by 100 miles to hundred miles have vietnam. this is a breach of code of conduct signed by all the claimants. and the region is one of the most productive areas for commercial fishing and one of the busiest shipping lanes in the world. obviously who controls this is in a good position. it's one of the most desirable places in the sea to control. what is the justification of china making the claim? >> you know, the geographical distance does not determine the sovereignty of this island. and china has claims and sovereignty over the islands long over other countries laid claims to this islands. actually china enjo

angie: that is it for "asia edge."fmie dimon you are watching in hong kong or singapore. >> the following is a paid program. the following opinions expressed does not reflect those of bloomberg l.p., its affiliates, or its employees. >> the following is a paid program for p ready products. >> hello, and welcome to the show. we have a spectacular program lined up for you, lots of information to cover. dr. neil 11 with. he products is with us. let me ask you a couple questions. are you falling short of the recommended 7-9 servings of fruits and

basically all of the large atestment banks do have least one i strong in asia. i strong in asia.onathan: and emerging-market weakness. we are we getting -- where headed for a week third-quarter earnings season. ♪ jonathan: there are bloomberg's top stories. japanese stocks on the speculation that more central-bank stimulus. the move follows week trade data. rising by 0.6%. that is the lowest expansion in a year. for the second time in 30 years, brazil is headed towards impeachment of its president good a group plans to file a request wednesday. the move comes after months of of his impeachment that is rattled financial markets there. for a start trading in new york after raising $900 million in its ipo. investors demand its stock made available. 12will have a value of billion dollars. -- $12 billion. third-quarter earnings, the season is upon us. equities here in london, the 5100 down .2%. the dax that flat. you left on those indexes, there are some great stories. let's get to them with caroline hyde. erika there are profit warnings desk caroline: one stock shining is -- holdings

every indexes higher in asia.some stocks in the red, those airline stocks. 12% in new york following a big gain. china cameay because out saying, its controlling shareholder has not received notice about the merger. elsewhere, all about that positive number out of the china home prices. home prices rising in 39 out of 70 cities. property stocks in shanghai doing incredibly well. ofting the daily limit 10%. beijing, also a strong day. thanks for that. let's talk about this rebalancing that china is going to undergo. at $10 trillion economy. expected to be front and center. also becoming -- almost becoming accepted wisdom that rebalancing is a good thing. is that really true? some are saying no and questioning beijing's tactics. let's bring in malcom scott. the critics, the voices are getting louder. malcolm: there is a view that says it may be coming to early. this year, some of the businesses, rather than investing too much, china at its current stage is not investing enough. itital stock per worker -- is huge. gu

asia paradox. economic prosperity is vital to building peace within the region. states havee united triggered trade liberalization throughout the region and laid the foundations for economic process. korea welcomes the tpp agreement reached last week. having already signed trade agreements with 10 of the 12 tpp member countries, i believe the korea is a natural partner for the tpp as well. korea andhed guests, the united states are embarking on an unprecedented partnership in various fields of global health, development assistance, clinic change, and peacekeeping operations. forces injoint africa, encountering-- the second global health security initiative high-level meeting in seoul last month, we reached an agreement to support developing countries with capacity building to counter infectious diseases. as part of this effort, the korean government has been committed to providing a total of $100 million to 13 developing countries. korea and the u.s. are working hand-in-hand in developing countries

in asia. we have two of the most prominent here today. we are very lucky. senator gardner is the chairman of the asia policy and international society cyber policy. let me begin with you for a few remarks. >> thank you. thank you for the opportunity to be with you this morning and for braving the weather. it looks like it may get worse as they say the calm before the storm. thanks so much for a chance to me this morning. i look at what is happening around the globe and while our day to day focus seems to be, and rightly so, in the middle east. with syria and. with syria and russian activity, our long-term interests really do live in the asia region. if you look at what is happened in china over the last several decades and the last several years, it is remarkable what they have been able to accomplish. 500 million people out of poverty. the question is, what are we going to do to make sure rising china who wishes everything to be a great nation truly is a great nation. and sits alongside great

markets in asia particular following lead here. coming in with strong performance in asia. nicole there are european

let's look over towards eastern asia now as well. we still have our low-pressure area. once was a typhoon there in two southern areas of china. you see 100 to 50 millimeters of rainfall possible. back to the north the high pressure is dominating. and what often happens in this area when you do get this high pressure that dominates, it puts a cap on the atmosphere and pollution levels do start to go up. and actually around beijing we have seen report unhealthy to hazardous air quality out there. that's a typical setup as we go ahead into the winter months. down towards the south, though, we do have haze in many places out here. some unhealthy levels in the atmosphere. it is a different type of situation. let's go to video we have. this will show you what it looks like out here in indonesia. these wildfires due to the slash and burn techniques out here continuing to burn. and many people are having some hard time extinguishing them. water levels is limited. so people out there with sticks trying to beat it, put out the fire. it's just the way they have to go about it here

the relationships in asia.hink it is a great stretch to think about the fed thinking about this stuff. johnson, guy fascinating interview. you find the whole thing online at bloomberg.com. -- of vodkanking and banking -- i don't know how you pivot from this. a fight on his hands. creditors are threatening to torpedo his plans. interview in two years, he spoke with ryan chilcote. he joins us now. what are the problems? ryan: he has a very large bank. russian standard bank. it is big in its own right. he is the second-biggest maker of vodka worldwide. he is the second biggest issuer of credit cards in russia. the consumer in russia is in trouble, there is a lot of inflation. the ruble is weak. purchasing power is down in russia. russia is having trouble paying back its loan. there is not much demand for new loans. he is engaged in what might be one of the biggest restructurings of the bonds we have seen from any russian corporate since the onset of this recession that russia is in now. it is basically asking on h

and still want to be present in europe and asia but the biggest focus is going to be on asia. >> all right. well, thank you for that carolyn. we'll be back with you later in the show for more updates. let's take a look at another big move around the swiss market. shares in syngenta are trading near the stop of the stoxx 600 after the ceo will leave the company at the end of october. john ramsey will now take over on an interim basis saying it was appropriate for new leadership to come in at this time. this comes only months after the agricultural company turned down a $45 billion takeover attempt from monsanto. this begs the question whether or not monsanto will come back and if you remember the frustration that shareholders had when syngenta chose this deal. we have a plan, we have a strategy in place but i'm not sure the shareholders were that convinced. >> no, they have been trying it for awhile. this is the latest in a string of offers. there's been a lot of talk about this. a lot of it is political. there's a big political difference between how you view a seed company in the u.

what is true of singapore is often true of southeast asia. things cut rates., thailand, korea. taiwan. concerns about growth. any statement today, the monetary authority did say they are looking for growth in the 2-2 .5% range. they are clearly worried about developments. and asia would be worried as well. for that.hank you joining us from singapore. let's check other stories. the zeeland to dollar, falling by the most in three weeks. putting on more easing from the central bank. the governor saying, cuts seem likely even if recent data is not been encouraging. the high court ruling rio tinto must pay royalties. the decision is covered by a in which they are a health care company may be the latest to tap interest in the booming markets in asia. ipo thatplanning an could raise as much as $300 million. talks are said to be at an early stage. first ipo since the first -- the early interest eqarlythey could raise n $10 billion. if they go to the high-end, the value could jump to $12 billion and would make it the biggest privatization in 28 years. we are talking ab

it is really become an asia wide export decline for japan.h they have some increases, off of the pharmaceuticals and europe, that is not enough to make up for the huge decline by china. all tellwhat does this us about what is going on in china, particular? and of course, it tells us a lot about what is going on in japan, too? >> these of the first signals we are seeing about what china's slowdown could mean for asia. asianrge stocks and other companies, we are seeing that here. that raises the question of stimulus which is why you're theng in your market report markets responding. on october 30, there was a policy meeting very closely watched to see if there will be further stimulus. 42 of those surveyed said they expect stimulus. that was before today's report. rishaad: tell us about some of the other numbers of the note in this report and why they are of note. again, the i think, most important is china and the rest of asia. arepe and the u.s. interesting numbers, the u.s. up by 10%. 5%, thoseup more than probably tell us more about the str

asia peace and cooperation initiative, or napci. and i would like to thank president obama for his warm words of welcome and strong support for napci. in late october, the second high-level napci forum will be held in seoul, and i hope that korea and the united states will continue to engage in close cooperation in that forum and beyond. president obama also recognized korea's initiative in reviving korea-japan-china trilateral talks that had been on hold for the past three and a half years. and he also expressed his high hopes for the korea-japan-china summit that will be held in two weeks' time. we also shared the recognition that such meetings may meaningfully contribute to the improvement of bilateral relations in our region. president obama affirmed that korea-u.s. relations and korea-china relations can be compatible, and supported korea's policies toward china. the recent summit meetings between korea and china, the u.s. and china, and now korea and the u.s. have served to build consensus regarding north korea and its nuclear

almost half of our team members are in asia, so asia is pretty important, not only from a market perspectiveeography where we get our work so weor our customers, feel pretty good. if you see health care, we are number one globally, and if you walk into any hospital or insurance, more than likely one out of three chances that we are actually going to be servicing them from here in the region or from the u.s., so we feel pretty good about what this region's potential is. areinda: we know that you involved in restructuring, and we're looking at your strategy, and you have said before it would take three to five years. where are you in this restructuring? amit: we have shipped the largest in the world, larger than ibm and others combined, so that is the latest in the infrastructure. we were goinghat to be in a private setting, we will be countercyclical, so we have hired people across the world, 300 in the region, and we are not stopping. but the question is profitability. how will that impact your bottom line, your profitability? : any business, we have to make sure we can continue to invest an

asia,in on markets in it's friday. ,hank you for that tail winds blowing through asia this morning.d, 6/10 higher. what itculation as to is or is not going to do, rate cut's are not. australia, gains, nine tenths of one percent higher higher on the dollar. japan, we over to expect markets to open higher in half an hour from now, according to japan futures in chicago. you can do the math, 200 point jump. -- 200-point jump. we against the u.s. dollar. inn resorts pummeled extended trading, missed expectations, falling substantially from last year. we have the numbers. not so aptly called wynn resorts . red as my tie, profits fell short. revenue -- itall boils down to the weaker performance in macau, were talking about the high rollers. we sold this reflected in galaxy earnings which came out the day before, and that is what this stock is done. in look at revenue, down 30% macau. 3.9% in vegas. -- ditnover, down 61% turnover, down 61%. you're not seeing the high rollers show up and making the trip to macau. how does this breakdown? a year ago, it used to be 70% is 57%,0% vegas, that 58

asia peace and cooperation initiative, or napci. and i would like to thank president obama for his warm words of welcome and strong support for napci. in late october, the second high-level napci forum will be held in seoul, and i hope that korea and the united states will continue to engage in close cooperation in that forum and beyond. president obama also recognized korea's initiative in reviving korea-japan-china trilateral talks that had been on hold for the past three and a half years. and he also expressed his high hopes for the korea-japan-china summit that will be held in two weeks' time. we also shared the recognition that such meetings may meaningfully contribute to the improvement of bilateral relations in our region. president obama affirmed that korea-u.s. relations and korea-china relations can be compatible, and supported korea's policies toward china. the recent summit meetings between korea and china, the u.s. and china, and now korea and the u.s. have served to build consensus regarding north korea and its nuclear

officials aim to turn the country's inland areas into a any engine of growth linking china with central asia and beyond. china's president wrapped up the second day of the visit to the u.k. at a lavish bank yet held in his honor not financial district. he set out hopes for relations with britain. >> translator: i hope britain assume a leadership position and sets an example to western countries in cooperating with china. i know britain will fulfill the aspiration to become our strongest advocates. >> remarks come as western nations express weariness about their increasing influence. they were the first country to announce they led the infrastructure bank despite u.s. opposition. earlier in the day, xi and british prime minister sealed deals worth about $62 million. they finalized plans to settle a long running saga on carbon emissions and plans to head to paris on climate change which starts next month. >>> negotiators try to agree on a new global framework requiring developing countries to reduce emissions beyond 2020. the frame work replaces the current protocol that obliges industrial cou

let's see how the benchmarks are open at this hour in the asia pacific. the kospi is down about 0.3%. australia is barely in the positive. we are seeing a weak morning here in the region. >> obviously, a lot of focus on the central bank meetings keeping investors sidelines. we have the earnings season has got under way here in japan. surely those numbers will affect markets and investor sentiment, as well. >> very good point. we are expecting about 800 listed companies to announce their earning during the week. today major firms like canon will release their numbers. we may watch the auto sector. japanese automakers likely generated record high profits in the april to september period and remain despite sluggish sales in asia. automakers are seeing strong performances in north america. also getting a boost from the weaker yen. tod we'll follow suzuki and mazda. let's look at the dollar/yen pair. the pair gained about 13% from a year earlier when it was around 105 yen. today the dollar is taking a breather ahead of fomc meeting. it's now below 121 yen. lon

markets in asia particular following lead here. coming in with strong performance in asia.e there are european markets. footy trading up by 56. dax looked good. more than 1% gain there. nicole: we saw asia and europe taking our cue. fed minutes said we need more inflation to before they raise rates. futures pulling back a little bit. dow futures down two. s&p down just over one. cheryl: big story, guys. oil. look at oil. we are above 50 bucks a barrel. 50.28. that is gain of almost 2%. as we mentioned at top. hour, asia following wall street higher today. let's get a closer look at asian markets with business reporter tracy chang live in asia. reporter for chinese state television. good morning, tracy. >> good morning, ladies. like you said asian markets are widely higher. shanghai composite continued very strong momentum yesterday, gaining 1.3%. defense companies, energy shares, recovering, global oil prices. in hong kong hang seng rebounded from yesterday's losses gaining half a percent on expectations that beijing will announce more stimulus soon to prevent the chinese e

let's check on markets in asia. us here ining for asia, new zealand is climbing, fractionally higher ahead of tpp deal in the works perhaps, this week. new zealand dollar spot is that $.64. it is strengthening on the heels of that better than expected figure from china, pmi data. still in contraction mode, but better than expected. we are counting down to the openings in australia, japan, and korea. let's head over to japan's nikkei to 25, last closed up almost 2%. futures pointing to pretty flat open. let's see what today brings their. thatave a stronger yen will definitely impact some of the sentiments for exporters. china is closed for national day celebration. markets will reopen next thursday. india is shut today to commemorate gandhi's birthday. to close inrallied positive territory after spending much of thursday session in the red. let's get more from sue. what was behind these moves? sue: it is a wait and see kind of clothes, all three indexes were close to where they begin. we saw the s&p and nasdaq close

asia evening. james stavridis will be in asia later this week. it is a different asia with an tradetd upon -- agreement. let's move on to the forex report. yen under 1.20 a surprise. stronger yen. churning nowhere near that parity certitude of 90 days ago of 1.13. renminbi very importantly we see continued appreciation of the renminbi after devaluation, after depreciation turned the other way with a stronger renminbi. the ruble part of the hydrocarbon complex, doing better. our corporate news. pullingvolkswagen is its 2016 diesel powered cars from the american market. vw won't ask u.s. regulators to certify the cars meet federal emission standards. that could mean the new cars have the software that cheats on pollution test. the change surfaced as testimony for the head of a u.s. unit will face a house panel today. shares of gopro are at their lowest since it's ipo. morgan stanley cut its target price saying gopro is not improving editing and sharing software fast enough. down 54% this year. sony i

. >> let's take a look at the asia pacific section. we're looking for reaction to the agreement of the transpacific partnership which is the largest global trade deal we've seen. we saw the nikkei bounce some 1% and this might be on the back of expectations of more stimulus coming from the boj, hely as we have a hold off on the fed tightening and that could push levels to 124 and 125. also this is a shot in the arm for abenomics as well. one of the pill lars of abenomics is about trade and managing to get ratified by all 12 member governments with the agreement seen as a major victory for u.s. president barrack obama and japanese prime minister shinzo abe and both expressing optimism that maybe china who is not included in the tpp could one day join the pact as well. >> this fundamentally strengthens rule of law in the economic area. it will deepen dependency with countries. if china participates in such a system in the future it will contribute greatly toward the security of japan and the stability of the asia pacific region. it will

let's check in on markets in asia. day of the week and a lot to digest for the weekend as investors look to china as they cut rates for the sixth time this year. australian equities climbing to 51%. we have a stronger aussie dollar as well. we are also counting down to the -- let's head over to japan. ekg 25 will open an hour from now. this was the view on friday, ahead of the chinese rate cut and also getting rid of their deposit rates -- deposit rate ceiling. levelt that, about 19,000 for first-time in a very long while and it is looking to climb right at the start of the session. dollar yen is strengthening slightly. a public i looked at holiday in new zealand, labor day, so no trading there to tell you about. it is all about china's political elite gathering in beijing this week to finalize their fate -- latest economic blueprint. they meet with economic growth stuck below 7%, policymakers are stepping on the gas, cutting interest rates for the six time in a year and juliet has been watching this for us. , the brca

that is the market update out of asia. let me tell you what is coming up, we'll be watching what is happening inside tesco earnings. german industrial production, 7:00 a.m. u.k. time. then we have the u.k. industrial production at 9:30 a.m. u.k. time. exxon ceo will be speaking at the oil and money conference at 11:00. i think 11:00 is the merkel addressed. -- address. -- french and german leaders i think they are getting a joint of the conference later this morning. i think you will hear a lot about changing planning, the housing crisis, that represents a big issue in many parts of the u.k. right now. i think that will take center stage of his address later on. australian up, from to germany, the global recovery remains uneven, that is the view from the imf. >> we see a pick this year in the u.s. and the euro area, japan had a strong q1 showing that is beginning to look wobbly. within the advanced economies of course there is also heterogeneity. some of the advanced economies are commodity exporters. canada, norway, austr

i'll be back in a few hours with an update on asia markets. back over to you. >> we'll follow that horse race, as well. thanks. tech lovers have embraced smart watches, fitness trackers and intelligent eye wear in the quest for an easy-going lifestyle. now they are about to discover wearable technology has life-saving potential, too. nhk world has the story. >> reporter: after toiling away under the hot sun. they could soon benefit from a shirt developed by a japanese synthetic fiber firm. people who developed the shirt say it captures heart rate data and beams it to a remote location using the system for xhuks. the site manager can monitor the information realtime and intervene when he sees something abnormal. >> it's hard to tell if a worker is in good shape from his or her outward appearance so it's really useful to have numerical data to make a judgment. >> reporter: the developers fit a special cloth on the inside of the shirt. it has a resin coating that captures electrical signals generated by heart movements. the developers used these

>> a little of what adam said, the deal is actually not so much about asia, of the 750 million peopleho live in the tpp countries 500 million of them are americans. we are not really opening many markets. we already have free trade agreements with mexico and singapore and peru and canada and what is added to the free trade agreements is population of 350,000, malaysia, small, medium-sized economy, vietnam a poor one and japan but japan is you can't look at japan as kind of being added because we already have a whole string of agreements with japan. and so, in fact, the opportunity for greater american exports is just not very much. >> what about adam's point that this rewrites the rules of how other? >> we have a free trade agreement with korea that was completed in 2012, this is essentially the same deal except countries. but these are evolutionary and this is not revolutionary and you know we say 40% of the world economy, but the nafta, canada, mexico and the u.s. count for two thirds of that and the u.s. is big and we are not opening the market for ourselves because it's already op

russia is now home to millions of guest workers, muslims from central asia. an estimated 2 million. there are in estimated two and a half million of only registered migrants from central asia and now alone, making the russian capital the largest muslims to the in europe. often without work permits, marginalized culturally and ethnically, and often subjected to abuse, extortion, and racist violence, many of the men understandably turned to the faith and the faith of their grandparents as a means to sustain their dignity. unfortunately, as reported in russian media, at least some fall under the influence of radical clerics and recruiters from isis. according to reports from russian media, most if not all fighters from central asia have been recruited at construction sites in russia, including rat -- especially moscow, including those fighting in syria. all were recruited outside uzbekistan. number four, given the permeability of borders, the recruiting and proselytizing efforts at has been doubled and tripled by isis in central asia, given the flow of people, such efforts are likely t

business momentum in asia has deteriorated considerably in the third quarter. so stock off 9% on the news. now china also posed the challenge for france's carrefour. it helped off said weakness in mainland china where sales fell 11% on the quarter. but the offset is what we're looking at. now rio tinto is just above flat. although it also has managed to shrug off fears of a broader slow down it said it's on track to meet full year targets. nestle is off 2% from sales in china lagged for the giant after revenues missed forecasts overall. we'll be speaking to the ceo in just over one hour. >> so we're expecting gdp numbers from china on monday and i guess the corporate world is really concerned about how fast the world's second largest economy is growing. gdp data monday expected to show that china is slowing down, not surprisingly, to under 7% for the first time since the global financial crisis back in 2009. economists are looking for a read of 6.7% in the three months but then china's statistics bureau says a number of 6.5% would still fall within it's expecte

strong tremors were felt in much of southeast asia -- south asia including kabul, new delhi, and islamabadwe will go to our correspondent. what can you tell us? >> the reports are still coming in and we do know that in pakistan, the death toll has reached more than 50 people. and in neighboring afghanistan, as you also mentioned in the headlines, 12 schoolchildren killed in a stampede resulting from the aftermath of this earthquake. the most affected areas, we do know that the earthquake was felt throughout northern pakistan, but the extreme include tort that and areas along the afghanistan border, we are getting reports of huge damage, building collapses, and we are still awaiting reports from defense authorities that are leading the rescue efforts over there. we do that more than 500 people have been injured and are being treated. more than 50 people have been killed. at the same time, in one of the which is less, than 70 kilometers away from the epicenter. government sources cannot reach that area. one are saying that it is of the most popular -- populated areas new the epicenter. and i

. ♪ >>> desperate people living in southeast asia are taking advantage of the end of the monsoon seasonetter life overseas. the calmer waters give them a chance to travel, but they still risk everything. many are rohingya muslims fleeing persecution in myanmar. thousands make the dangerous journey trying to reach malaysia, indonesia, and thailand. from the south of thailand, florence looi went on patrol with the thai navy as the so-called sailing season gets underway. >> reporter: shortly after setting sail from the island, the thai naval crew spot a fishing boat and prepare to board it. it's part of a routine procedure to intercept undocumented migrants and refugees. >> translator: if they wish to come to thailand, it's our job to explain they will be charged with illegally entering the country. >> reporter: after a few questions, and advise to report any unusual activity, the fishing vessel goes on its way. the thai government is trying to prevent a refugee crisis like the one six months ago when thousands of people were left adrift at sea. their smugglers had abandoned them. survivor

let's check in on markets in asia.ustralia, we are seeing fractionally lower trading after a selloff triggered by commodities. cents.. qe is keeping the rate steady. in new zealand, we are seeing things looking like this, .25% higher. we are counting down to the opens in japan and korea. let's go to japan. nikkei 225 last closed like this -- .4% higher. chicago pointing to a flat open. we will see if there is conviction in the day-to-day. dollar yen holding steady. there is a reminder that there is no trading in hong kong today. is closed for market holiday. but we are here for you. ! shares rose after news of a shakeup. the operator of pizza hut and taco bell will thin china business after coming under investor pressure. yvonne man has more on this. going on a bit of a diet? off,e: they are shaking one of the biggest shakeups since pepsico 20 years ago. there was a food scandal in july triggering activist calls for a spin off, especially from carl meister,protege, keith who said the asian market could be better served