chains in asia are quite integrated. for example, chinese products have components that come from south korea from japan, from southeast asia. so what's good news for exports from china is also positive for other countries in asia pacific. alright raja is was with s and p global market intelligence. thank you very much. thank you. rising prices are cutting into worker paychecks. it's not a surprise then that labor unions want to account for inflation in new contract negotiations. a leaders in germany would like to avoid a wave of such wage hikes. that's why they met with union and industry leaders on monday. it's the perfect economic storm vegetables and grains a 10 percent more expensive. the price of petrol at the pump is up 50 percent. the cost of gas and electricity as more than tripled within a year. the average german consumer is feeling the pinch with many having to cut costs, never cumbersome. i'm already aware of it because i'm on maternity leave right now and on a limited budget. we need to cut back more and sp

.— across asia.coaches - across asia. it's no secret| players and coaches would rather not make these long trips. but everyone knows the score. the commercial reality one a long time ago. it's 30 degrees here, 80% humidity, we are 10,000 kilometres away from england and yet, here they are. clearly this is so much more than a sport, in fact it's more than a sport, in fact it's more than a sport, in fact it's more than a business, it's a culturaljuggernaut. in profits from passion. forthe culturaljuggernaut. in profits from passion. for the first time that is more money to be made outside england and at home. and sponsors here are jumping at the chance to partner globally adored teams. it's about brand and fan engagement and markets are delivering bigger menus from television rights and sponsorship deals with asian companies and asian brands. i have some exciting news. companies and asian brands. i i have some exciting news. while they were _ have some exciting news. while they were here _ have some ex

use asia. you were quoted this week in malaysia's, the star newspaper as saying that show co windows trip to ukraine. was not at peace if it so why did he go? well, basically, i think we need to clarify this. i think from the press statement that, than me after the meeting with you, pending and best, and also on russia. i think it's quite clear that there are several goals, objectives of him going to the you basically a article emphasize the invitations to both countries and the g 20 summit in november in bali. that's the 1st message. second is of course to express the, the empathy and also the concern regarding the conflict on the ongoing conflict in russia and, and also in that context. he also mentioned that he's actually really to be the messenger of peace message from the 21st then the russian president and a 3rd boy, and i think this is very, very clear that indonesia, they need to press the next process, the whole, they're both countries and also, again, can return to the global supply c

why is nuclear energy increasingly attractive to southeast asia? currently, south east asian countries do not have active nuclear reactors. but the situation may change since the end of may, indonesia, vietnam, and the philippines have expressed their desire to have nuclear power to meet the growing energy demand. and get rid of the dependence on fossil energy. se asia imports 40 percent of his energy and currently relies on the middle east for oil and gas with australia as the main source of coal imports. se asia, energy's 80 percent fossil energy. the remaining a renewable energy sources are merely hydropower. in this context, atomic energy becomes very attractive, or i'd so still arg colby's power, but a lot of aspirations. where are the biggest movements? where is the most progress right now when it comes to nuclear? in southeast asia, indonesia, the world's 4th most populous country, has launched a new plan in early june to have its 1st nuclear power plant by 2045. it, it tends to set up a special agency to be responsible for the development a

but in the currency to asia and best modul bagget right now. so as to why you missed in your time, there is no future here as far as reno, i mean, i tried as well, but no, there's no hope. so make sense to make a move very much dr. bike is on these oven m would do of the center for policy alternatives. says young people moving out in such numbers does not bode well for an aging society like she lanka. if this country gets back on the right footing with the systemic changes and all of that, they may well come back and provide their experience and expertise to develop this country. but otherwise, we do have a serious problem because we are not going to have a critical mass of people in the most productive years of their life within the country. dr. 7 hamilton says this extreme frustration that the youth fees to do with the administration that frustration is bad. the bill here as the queue inches forward slowly is granted. disappointed and exhausted. people continue to which they believe leaving is the only way they can at least have a chance of c

in the shade of china and southeast asia. talk about nuclear power co operation. however, the 2 sides have not yet. nate breakthrough progress as nuclear power development in southeast asia is still at an early stage. china's plan to help build nuclear power plants in south asia. phases, many uncertainties, political risks and fears, international competition, and other serious challenges. china is still working on setting long term strategic goals for nuclear power market development in southeast asia and properly handling relations with other nuclear power. exporting countries ready to be corresponded. so on hon. in taipei, thank you or broken down supply chains or putting some of the fundamental assumptions of globalization under scrutiny. as countries hold back, exports to protect themselves from growing scarcity on the markets. other nations is singapore. this dish is not just usually popular, but actually quite simple. singapore is highly nice, chicken rice. what's more complex is why vendors like one young tie are abou

that is it for "bloomberg markets: asia." markets: asia."t bank, pnc has helped over 7 million kids develop their passion for learning through our grow up great initiative. and now, we're providing billions of dollars for affordable home lending programs... as part of 88 billion to support underserved communities... including loans for small businesses in low and moderate income areas. so everyone has a chance to move forward financially. pnc bank: see how we can make a difference for you. psst. girl. you can do better. ok. wow. i'm right here. and you can do better, too. at least with your big name wireless carrier. with xfinity mobile, you can get unlimited for $30 per month on the nation's most reliable 5g network. they can even save you hundreds a year on your wireless bill, over t-mobile, at&t and verizon. wow. i can do better. yes, you can. i can do better, too. break free from the big three and switch to xfinity mobile. >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affil

what's europe's loss could be asia's gain? india and russia team up to boost trade between the 2 nations. the aim, replacing europe as russia's key trading partner. and heat waves sweeps parts of china. some companies are looking to cash in the business to stay cool. at that time again, the w business welcome. it's the most aggressive monetary tightening since 1981 the u. s. federal reserve raising interest rates by $75.00 basis points, and it's the 4th rate hike this year. the u. s. central bank is battling to tamp down on raging inflation, which is running at its fastest for 40 years. european markets reacting to the news to day, leaping in the morning to the highest level in 7 weeks. that's after the chairman of the fed predicted future rates rises would be less aggressive than previously thought. he is what he had to say. we do see that there are 2 sided risks. there would be the risk of doing too much and, and, you know, imposing more of a downturn on the economy than, than was necessary. but the risk, the risk of doing t

yvonne: in terms of the reopening story, we are obviously seeing it in parts of asia, southeast asiaare you seeing the most momentum right now? >> openings, actually in china we saw a lot of growth and a couple different markets across southeast asia. for openings, we opened 36% more hotels in quarter two of this year compared with the first quarter of the year. we grew our asia-pacific franchising and direct managed portfolio by 10%. all in all, we expect to proceed with double-digit growth in 2022 and we will achieve our goal of 2000 hotels in asia-pacific by 2025. that will be spread all across asia-pacific. china, vietnam, australia, new zealand, indonesia to name a few countries. yvonne: i know as the apac president, you are looking where the chinese traveler will go. what does outbound travel for china look like to you once the mainland does look out -- open up? >> i think it is an undeniable fact that the absence of china outbound travel has had an impact, not just on asia-pacific, but also all over the world. from my humble perspective, the question is not if, but when -- whe

what kind of legacy did he leave for the rest of asia? and particularly looking at china and south korea here. oh, okay. oh, so i think it would be fair to say that our bay was probably a lot more popular outside of the immediate region of japan than he was with the immediate neighbors, like south korea or china. in the case of south korea, i think the, there was a lot of tensions in relationship ave was very dedicated to the idea of sort of playing down and revising japan's pre world war 2 history of, of the conquest of asia. and this did not go down very well with koreans who spent 50 years as a clone equal possession of japan. i was the case of china is that also was an aggravating factor. but also the fact that chip ave was very dedicated to tour of a re militarize ing and building up japan security policy that was sort of one of his very constant themes. and so obviously from the point of view of beijing, this was not welcome that japan was sort of rising as a possible military challenge to, to china. so growth in the region. let's g

altria is a final stop on her asia tour.italy, lawmakers in mario draghi's coalition are working on a last-ditch play on asking the prime minister not to resign. they are trying to determine whether that would be enough to persuade draghi to stay on. he offered to resign last week. dr. anthony of how she is planning to retire before the end of president biden's current term. bloomberg has learned he will step down before january 2025 opting up a storied career as the top infectious disease experts under -- expert under seven presidents. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i am vonnie quinn. this is bloomberg. yvonne: coming up, a look at the future of news in asia-pacific and where opportunities are for organizations to innovate the age of social media. we discussed the results of a survey. this is bloomberg. ♪ yvonne: news is what we do. and the journalism that goes into it. it is a business that has changed significant

e. news asia. the government says sri lanka is now bankrupt. why is it bankrupt and, and how much worse? can it get? i thank you. yeah, i think it's safe to see that big rock bottom. but with every passing day it feels like you know, thinking even further. so it's more comic, i guess, like an economy spider. how did we get here? you know, that's been discussed extensively over the last few months. and we have also become like, close to the panel, or like, what are story to other countries in read the main cause with our production. so be a mismanagement political, incomplete, sam adams and misguided policy, you know, like overnight, chemical fertilizers. which is why, in addition to all these, i mean, you also have a looming food to try and you know, currently, you know, i'm expediency about that right now. so this is the state of things or data. right now. you've touched on it to be dead. these, the stories of desperation and suffering, which is sort of veering into a humanitarian crisis. how is the situation affecting people? yeah, i mean, yo

we report from the capital colombo ah, i'm british manager, welcome to did up the news asia glad you could join us. north korean leader kim jong own has born. he's ready to use nuclear weapons against rivals, the united states and south korea. the warning came as a north koreans marked the 69th anniversary of the armistice that ended hostilities in the korean war these days known as victory day in north korea. kim's warnings come amid fears. his country's preparing to conduct a 7th nuclear test. and let's see his latest rhetoric as an attempt to shore up morale in a country dealing with the cova outbreak of faltering economy and the threat of renewed sanctions. but the celebrations on wednesday provided no hint of any such troubles ah, at bunions cumulus on square citizens dance to month. the so called victory day. although the korean war in the 50s ended in a truce for north korea, it was a victory against the us. nationwide celebrations already started much earlier in the day, filling the streets with pride through were marching towards the victorious fatherland liberation. warn yo

his new her women in asia season to this week. ah, this is d w news asia, i'm jared read coming up to day anguish and shock after the assassination of for my japanese prime minister. sions are our bay. japan's longest serving leader was shot in broad daylight and lighted, died after frantic efforts to save his life. world leaders past and present, expressed their grief. we'll have more on the life leadership and legacy of shin. so our base class will also take a look at tie one's home growing efforts to bolster its defense capabilities. as china holds military combat exercises around the self ruling island. ah, it was have stood. it was with great dismay that we just found out that japan's former prime minister has di, doctor, being shot. what, i'm shocked for. sure. my and all our thoughts here or g. 20 meeting are with his family by his friends resigned. and in deep mourning, we send our respects and to the people of japan and albert and on braga, ya pans, german foreign minister, and a lena bear box here, one of a long list of

house speaker nancy pelosi heads to asia. annabelle: the start of another trading lent in australia but kicking off with pmi data -- the final reading for us trillion it manufacturing pmi coming in at 55.7. pmi data is that main story here today, particularly what we have from china, the sharp -- the shock contraction with the impact of covid zero policies and lockdowns and no more fiscal support forthcoming from beijing. in terms of the equity direction, a mixed open in japan. nikkei futures trading to the downside. new zealand a little higher. the yen sitting just under that key 50 day moving average level. we had seen 140 a few weeks ago but that is in the rearview mirror for now. the best month for u.s. stocks since november 2020. we can take a look at the direction with asian stocks. adding 1.5 percent, not the same story. we have been discussing that story related to the covid zero policies in china as well as the fiscal support we are not seeing there yet from officials but we do obviously see higher lows and lower hig

can just say that integration in central asia is possible. all in all indeed, water wears away a stone, and the real main stumbling block for integration in central asia was the border issue. rather, there are a great many questions here, the situation is very confusing, but there is also a positive trend. so uzbekistan and tajikistan successfully completed the next stage of negotiations on the democracy of the border. the total length of the tajik-uzbek border is over 1,300 km. of these, only 12 remain to be identified, a milestone achievement that shows an unprecedented level of trust between the two countries, there are five international road four railway and eight bilateral checkpoints, it should be noted that relations between the countries have improved markedly after shavkat, mirziyoyev came to power in uzbekistan, positive dynamics are evident, and work is underway along the kyrgyz border, both with tajikistan and with uzbekistan ties between governments are really getting stronger. however, it is necessary to make a reservation that

, you can just say e that integration in central asia is possible.ly wears away a stone, and the real main stumbling block for integration in central asia was the border issue. rather, there are a great many questions here, the situation is very confusing, but there is also a positive trend. so uzbekistan and tajikistan successfully completed the next stage of negotiations on the democracy of the border. the total length of the tajik-uzbek border is over 1,300 km. of these, only 12 remain to be identified. this is a major achievement that shows an unprecedented level of trust between the two countries. free operation of five international road four rail and eight bilateral checkpoints. relations between the countries have improved markedly after shavkat and mirziyoyev came to power in uzbekistan, positive dynamics are evident, and work is underway along the kyrgyz border, both with tajikistan and uzbekistan, relations between the state are really strengthening. however, it is necessary to make a reservation that there is no closure. it is not by acci

if you look at everybody in asia on linkedin that has asia, asia-pacific, or apec in their job title,5% of those human beings sit and work in singapore. singapore has become the de facto commercial capital of asia. law firms and accounting firms will make money, but we think software companies will be the next big thing. there are so many great customers for software in singapore that a whole new generation, almost cannot develop here. yvonne: when it comes to exits and what are you looking for in your portfolio companies this year, should i expect more access now before may be the height of the pandemic two years ago? what is your outlook? nick: super straightforward rule. it is called the double rule of 25. a company has to get to $25 million of gross profit, let's call it very a profit, and the vix has to be lower than 25. if those two things hold, ipos will resume. 26.7 as of last friday. it is at the 86 percentile. it has spent most of its time below 25. we have been in a period of elevated risk. the vix has been less than 40 for at least the last 90 days. that helps too. 25 of g

do you still feel full bowl on asia? -- bull on asia?nnot turn away from asia and if you look at the trends and the future. the demographics speak for asia, china. there were a couple of on clarity's there -- unclarities there. on the back of further political clarity in china, i expect it firming up of a political scene in china. the demographics speak for themselves. asia is much bigger than china as well. we are active in southeast asia. heidi: let us get a quick check on the latest business flash headlines. alphabet rose after hours as ad sales beat expectations. at a sales was $40.7 billion, forecasted for 40.3 billion. microsoft jumped in after hours trading after forecasting double-digit sales in fiscal 2023. the software giant posted fourth-quarter expectations that were lower than expected. general electric's surprise wall street by posting better than expected second quarter profit and positive cash flow. ge aerospace and 27%, the ceo continues to battle inflation, supply woes, and thinking demand for wind turbines. he has plen

yvonne: asia. david: asia, yes. yvonne: it is just disappointment.ar any kind of new stimulus, no bailout in sight it seems like for the property market, but you are seeing green when it comes to bonds here. it seems like the fed hit it is really kind of the goldilocks scenario for these markets for stocks and bonds to really rally. plenty more next hour. this is bloomberg. ♪ >> from the heart of where innovation, money, and power collide in silicon valley and beyond, this is "bloomberg technology" with emily chang.

counting down to asia's major market open. the top stories is our, a cautious start to head for asia after disappointing earnings takes a shine off the u.s. equity rally. markets also digesting the first ecb hike in over a decade raising by 50 basis points while unveiling its new crisis management tool. plus, president biden test positive for covid as cases continued to surge globally, driven by the spread of more infectious variant. annabelle: we are awaiting pmi data from australia. in the meantime, as we await that, you continue to watch the moves we are seeing in the bond spaces morning, particularly what we see in the 10 year yield, we are seeing a job, signs of concerns around the economic indicators we had from the u.s. and the leading index now indicating a recession at the end of the year, lots of reflection on what the size and scope is of the contraction will be. meanwhile, the aussie dollar just weakening a little bit this morning, it has been touching those july highs over the previous session rallying for three s

slash asia and on social media at t w news. i'm jared read way back on monday. have a good weekend. bye bye. ah every journey is full of surprises. we've gone all out to give you some tips one day indian only the footsteps of the rake before them. i'm in your northernmost count, the plain truth ah 3 times along still very much alive. dw channel your guy to the potential with recognizes where exactly it was fun and i have learned a lot our culture history, all their d. w. travel extremely worth a visit. ah ah. can china and australia repair their damaged trade relations? top diplomats from both countries meet for the 1st time in 3 years at issue china's unofficial trade stop or australian goods, including all and wind. also in our show, the british economy is without a rudder and facing rough waters ahead. we'll look at the challenges facing london and soaring food prices are leading to pressure on biofuel producers to put their crop lance to different use. hello, welcome to the shop. i'm see from beardsley in berlin. foreign mi

the news seemed from i'll stay tuned for melissa chat is news. asia, after a short break got office. it's a watch people and trucks injured when trying to flee the city center. more and more refugees are being turned away. order families inferior to the credit on its way located demonstrate people fleeing extreme drought. ross getting 200 people hassan from the juicy around the world. more than 300000000 people are seeking refuge. yes. why? because no one should have to flee. make up your own mind. d. w. made for mines. ah, here watching g w. news, asia coming up to day elections in japan. deliver a super majority to the liberal democrats. as former prime minister sions obeys party, we take a closer look at how his assassination might have turned out voters and what this means for japan and the rest of asia and entree. longer the presidential palace has become the people's palace as protestors route the president from his home. what's next for the country? ah, i melissa chan, thanks for joining us. japan's conservative coalition government ramped up its majority in the upper house of

so i had a relatively strong and clear vision for japan and its place in the asia pacific. he was hugely influential where we see continued regional leadership from japan and what is japan's thinking and strategy in the asia pacific? so i had a very strategic logic about how to defend japan, and he understood that japan's worst nightmare would to be have 3 front problems, the threat of china, the threat of north korea and the threat of russia. so he, they strategically attempted diplomacy with russia and reached out to vladimir putin, met him over 20 times. and by doing that, he basically eliminated the threat that russia would invade japan. so he could focus on north korea and china and during the trump years, because trump was engaged in north korea, there was a little threat that north korea would attack japan. so basically, i could focus solely on china. the issue now is that because i didn't, administration is basically ignoring those clear threat has the most again and because of the ukraine, the russia threat as the most against the japan for the 1st time in many dec

that is what has borne the brunt of these cuts in asia.hy is it the investment bank and not the wealth unit? credit suisse has talked about clients when it comes to asset management. >> they are really sticking to their guns on this transition to wealth management and away from the dealmaking and investment trading. they have flagged short-term that clients are being risk-averse in asia. there is a slow down but they are looking at the longer game. asia, in the long run, it is seen as a growing area for the bank according to ceo, thomas gottstein. manus: i would love to be in that queue rapidly minting millionaires. this comes down to more challenges for thomas gottstein. francine will catch up with him later in the month. do you think the narrative job cuts, restructuring, is the narrative going to build that thomas gottstein's time is limited? >> investors must be losing patience. the company said this is a year of transition but with the stock down 39%, touching a record low last week, time must be running out. the call for changes must

, one can just say that integration in central asia is possible. and the real main stumbling block for integration in central asia was the border issue. rather, there are a great many questions here, the situation is very confusing, but there is also a positive trend. so uzbekistan and tajikistan successfully completed the next stage of negotiations on the demarcation of the border. the total length of the tajik-uzbek border is over 1,300 km. of these, only 12 remain to be determined. this is the most important achievement, which shows an unprecedented level of trust between the two countries; five international automobile four railway and 8 bilateral checkpoints operate freely. it should be noted that relations between countries have improved markedly after shavkat, mirziyoyev came to power in uzbekistan dynamics are evident work is underway along the kyrgyz border, both with tajikistan and with uzbekistan, relations between state real strengthened. however, it is necessary to make a reservation that there is no closure. it is not by accident. at

haidi: -- >> this is "bloomberg daybreak: asia."on markets in australia, korea, and japan. broad moves across the board, most sectors in the green what would look at volumes we are below the 20 day moving average because we do have to holiday in the u.s. as well, july 4. when you look at the markets, which sectors are moving into the red, nikkei will looking at the tech sector and financials and real estate as well. at these are recession sensitive sectors and sensitive to rising rates. let's take a look at what we are expecting for central bank action across this week in asia. we are focusing on pakistan, australia, and malaysia. we could see a 50 basis point hike in australia, the first back-to-back half point hike on record for the central bank. malaysia has a case for 50 basis point, still economist expecting a 0.25 of 1% move. ahead of that we are keeping an eye of where bonds are going. flipping the board, look at the moves we are seeing in sovereign debt. we are tracking moves in treasuries in the previous session, cash marke

w. news, asia coming up today. elections in japan, deliver a super majority to the liberal democrats. as former prime minister sions obeys party, we take a closer look at how his assassination might have turned out voters and what this means for japan and the rest of asia and entree. longer the presidential palace has become the people's palace as protestors route the president from his home. what's next for the country? ah, i melissa chan, thanks for joining us. japan's conservative coalition government ramped up its majority in the upper house of parliament in an election on sunday. campaigning took on grim significance after former prime minister sion though abi, japan's longest serving modern leader was gun down on friday in a shocking assassination. japan's governing, liberal democrats score to major victory. and what was the sombre election on sunday celebrations were overshadowed by grief at the assassination of the parties . dominant, politician and chief power broker. sions. obey. there's also uncertainty about what our base killing means for japan going forward. the final ho

sail further towards a brighter future and prosperity, looking at the asia-pacific region as a whole, we are optimistic about the opportunities as we believe that peace and stability can be maintained in the region. what singapore is geographically located in a very advantageous place. the chinese were the first to understand, skillful, far-sighted merchants in the third century ad looked after this island on the edge of the peninsula. long time. only malay fishermen and pirates lived here, the strait, through which today tens of thousands of ships pass to the modern port a year, was considered one of the most dangerous tropical seas in malay legend singapore was founded in 1299 by a prince from the state of shevi jaya, fleeing the island from a storm prince saw strange things here an animal resembling a lion, and since the prince himself was called a sink. what does a lion mean, he decided to found a new city on the island, he called it singapore the city of a lion. of course, it's hard to believe now, but some 60 years ago, that is, in the life of one generation, singapore from one

ah, them to step up and say the true blue her women in asia season to this week. ah, ah, our natural gas and nuclear energy, sustainable european union, lawmakers have decided that yes they are. but that vote faces serious push back. also on the show demand for workers in the us remain strong. despite recession, fears or wall street correspondent tells us why. this is the w business. i'm janelle dumas on. welcome european lawmakers have voted to consider natural gas and nuclear energy as climate friendly sources. that means investment for a new nuclear power plants or new gas fired power plants can be labeled cream. the new rules are meant to help raise private financing to help the european union meet its 2050 climate goal of gnats, 0 greenhouse gas emissions. but the issue has divided yukon trees. germany for one was strongly against the plants. but unless a qualified majority of each member states decide to reject them, these new rules automatically apply from next year. it's a move environmental. it's have opposed for months. they're particularly concerned abo

stocks dropping in asia as the dollar holds its gains. australia has a decline in raw materials prices. we are looking at this deluge of data. we are looking at what gdp estimates your at 1.2 percent for second quarter. numbers are lower. we have industrial production and just waiting for the numbers to cross any second now. david: on top of that -- there we go. ok. let's start with gdp year on year, .4%, estimate was for 1.2 to date. practically no growth year on year which translates to a quarter number of almost a contraction of -3%. 2.5% year to date. first and second quarter, and 5.5% is the official target. rishaad: quarter on quarter we have two point 6%. industrial production site mist, 3.9 percent, reaching 4%. we are looking at the 3/10 of 1% with the upside year to date. that is actually retail sales, 3.1% is what we got. david: just to summarize everything, the backward looking gdp numbers were basically very disappointing. the monthly activity numbers, which might indicate the path of recovery and momentum, slightly better as

this is bloomberg. ♪ shery: this is daybreak: asia and we are counting down to asia's major market opense for more impact when it comes to surging covid cases and perhaps more regulatory action in china. this was the one weekend of hope for emerging markets. haidi: such a beacon of hope when it comes to crude and energy markets. we see that downside as we get to the side of trading across tokyo and sydney. let's get to hong kong for the latest. >> we are certainly seeing a pivot away from the risk on tone in markets. we are seeing it reflected in treasuries. that starts in a few seconds. we saw a rebound in the previous session. watching the reaction to the data we had from the japan ppi reading. specifically we are keeping an eye on where the yen trades because we are still around the 24 year low. in other markets, across the region, we are reflecting on korea. we had seen the kospi a little higher in the previous sessions but yesterday a closed a bit lower. we will be watching to see how it starts trading because that is another factor. ed snapped a three day streak. -- it snapped a th

we'll all see you next week in central asia.re of yourself. fighting for silver allied forces liberate the city from the nationalists, this settlement is called the key to the liberation of the slavic kramatorsk natural disasters in yakutia, the north is flooded with victims collecting humanitarian aid in mountainous areas of fire fire on the way to settlements . us asks for cheap oil president biden in saudi arabia

haidi: this is the asia development bank developing asia.oping asia in particular expected to grow 4.6% for the year. that is down from 5.2%. we are also seeing inflation, that forecast being raised from 4.2% from 3.7%. the 23 gdp forecast developing asia has been cut honestly from 5.3% to five .2% inflation up to 3.5% from just over re-percent. china in particular, on key for 2022. gdp forecast is lowered to 4% from five. next year it's at 4.8 percent. and they also cut the inflation outlook for china for this year and next as well. for india, the other major economy to watch out for, 2022, the growth forecast is down 7.2% from 7%. inflation also raised to 6.7% from 5.8%. so really we are seeing china's covid zero push to containing the virus, creating a lot of these ripple effects on regional supply chains and economic development, not just within china, but more broadly. that is a shout look including china, taiwan and south korea has been cut to 3.8% from 4.7% with them saying that growth will be weaker than expected, and that is really

welcome to d w e news asia. we've just been hearing about the military's plans to execute days to activists. over $100.00 people have already been sentenced to death by the military, but these would be the 1st to be carried out. why do you think it's the military turning to the death penalty to stamp out resistance? so this isn't just the 1st death penalties that will be carried out, since the coo will actually be the 1st that penalties carried out in the country since 1988 near the death penalty has existed for quite a long time. and people have been sentenced. but successive regimes have actually generally tried to avoid going to this level of escalation in terms of dealing with the comments. i think some of the motivations that people have been speculating on in terms of why they're doing this is one they could be revenge for killings by resistance forces or simply to try to scare the resistance to show them that, you know, they're willing to even go further about the regimes and the path path. have also spec

use asia, i'm jarrett ray to see to martin with do you like it? do you want it? okay. then buckle up, put the pedal to the metal and let's ride. mm. read. next on d w ah, oh, what people have to say matters to us. got am. that's why we listened to their stories. reporter every weekend on d w. she needs some people want to put, you know, but you know, life clown very well.

haidi: we are counting down to asia's major market open. shery: risk appetite to be tested in asia as investors brace for a likely 75 basis point fed hike. the clock is ticking for the world's most indebted developer. china evergrande is days away from unveiling its restructuring plan after a leadership shakeup. and the world health organization glares monkeypox a global emergency, trying to spur ordination in testing and treatment. haidi: let's get you a look at how are shaping up when it comes to the sydney open. we are looking like a pretty tepid oakland -- tepid outlook. looking at potentially not much change at the start of cash trading. it is on the precipice of a big earnings week for australia. we have seen the resource miner energy market be a standout across the region and it comes to earnings revisions. they have stalled since early june, so we look more uncertain when it comes to the growth outlook. we will see how that is inflected in some earnings this week. from u.s. stocks we saw the first decline for the s&p in four session

managing editor for asia joins us now.with the broil up, we know that certain compounds continue to be locked down depending on the case situation there. so with something as contagious as the new variant, it is a threat to the covid zero strategy. emma: yeah, i mean, it is just another challenge really that is sticking to -- that sticking to a zero-tolerance approach is always going to face. you are not able to as easily eradicate the virus as you were in the first year of the pandemic. with these more contagious, more immune of a sieve some arians of the omicron variant, ba.5 in the latest among them, you are going to see this constant the back loop in china, as long as they continue to perceive covid zero cases researching, cases reappearing, and then restrictions coming down again. what you are seeing in shanghai, not quite a lockdown, but nine districts, plus a couple of others, that have seen cases are being ordered into two rounds of mass testing. definitely raising fears that there could be more to come, given the

welcome to bloomberg markets: asia. yvonne: a stock rally rolls on into asia spurred by a dip in the dollar and speculation the worst of this year's equities, that route 2 may be over. the chinese premier signaling flexibility on the growth target , shifting the focus to jobs, inflation and targeted covid control. plus a three way tousled for sri lanka's presidency is lawmakers prepared to vote but two have links to the ousted leader. david: ok. here we the colors that you see on your screens here, not something that we see every day. this hue of green that you see. in terms of price, things are going very well. we're up virtually 1% across most of the benchmarks. japan is leading the gains. we have a big risk event on thursday. no change in the lpr rates. u.s. futures are not here but i can tell you they are also trading slightly higher. it goes into the thursday story which i just alluded to. two things in europe. you have the ecb but also the nord stream issue. will it, won't it? 30 year look at natural gas prices. i