a destin for china and taiwan was one economy of many across asia been read. the benefits of china is economic a sense, those benefits came in 3 main ways, trade investments, and eventually towards the 1st let's look at trade. china as population in cities, but we're ready swelling by the ton of the century. but china's accession to the world trade organization in 2001 tonne, the country into a trading chunk of notes. each economy shown here now counts china is the largest trading partner from mongolia in the north, all the way to malaysia in the south. that's maybe a full house around the region, a china a laptop ever think china tracing economic like china, 3 bit commodity people to also help. i'll keep the ship export badging became the biggest buy evans and you just called and palm oil. and the top expo destination of electronics made in south korea and taiwan. if you either look at the ion of pay, what i mean china has been this thing that has happened to them in terms of, you know, their economic, a transformation towards the unexplored driven economy. t

some means for the rest of asia, the most dynamic region of the global economy. anything that happens in china as a really, very large influx in the rest of the space. yeah, i think the region has every reason to be deeply concerned about the outlook for china as growth. in this video, we'll look at how china is slow down is transforming asians economic playbook, and say it from the people's rights and it's next chapter. he was a combination of china slowing down and southeast asia rise enough that that you know, take on me to ask myself. so why don't i just go to the next frontier. also, we'll assess how us trying to competition is complicating badging. economic was as to your political tensions do lodge over the region, having to take sides, having to declare that their support for either china or for the us. that is the nightmare scenario. i'm finally with law square. the agents handling of its downside is twana shooting. china's economic reputation that's coming up on business beyond to, to understand the situation facing agent today, we need to briefly look

he was a combination of china slowing down and southeast asia rising up. that, that, you know, freak on me too, as myself. so why don't i just go to the next volunteer. also, we'll assess how us trying to competition is complicating badging. economic was as to your political tensions do lodge over the region, having to take sides, having to declare that their support for either china or for the us. that is the nightmare scenario. i'm finally with law square, the badges handling, if it's downtime. it's tonya shooting. china is economic reputation. that's coming up on business beyond to understand the situation facing agent today, we need to briefly look back at out china. i became a lynch pen of the phenomena grows across this region. in the late 19 seventies, china is the the dump shopping inbox on radical reforms to the country's economy. he threw open the doors to foreign trade and investments. and in doing so, transformed the lives of chinese citizens. since the late 19 seventy's, china is g d. p per capita, as thoughts from just $300.00 us dollars to m

asia is changing, asia is getting richer, asia is getting louder, speak in the international arena, and want to be realists in international relations, we need to listen to this voice in moscow and minsk. what did the presidents of belarus and uzbekistan agree on, how not to lose the historical, friendly connection and still achieve a trade turnover of a billion dollars. the main visit of the week is in the spotlight of experts and guests of the editors club. so why is this vector so important to us today? i am sure that our president proceeds from that analysis of, well, the future development of geopolitical events, and here we need to ensure self-sufficiency, an era of, so to speak, serious geopolitical redistribution is coming to us, and we in some sense must close, but in one direction, in another case, on the contrary, open up and unite the eurasian space, it will provide us self-sufficiency in development was not closed, i would like to remind you once again who proposed the concept from vladivostok to lisbon, we promoted it, and we are practically promoting this same idea today.

for southeast asia. ., , ., ., asia.ns. asia. india is going great am it _ asia. india is going great guns. it used _ asia. india is going great guns. it used to - asia. india is going great guns. it used to be - asia. india is going great guns. it used to be 596 i asia. india is going greatj guns. it used to be 596 of asia. india is going great - guns. it used to be 596 of the guns. it used to be 5% of the international travel and 8% already— international travel and 8% already shooting for 10%. and vietnam, _ already shooting for 10%. and vietnam, for instance there is a big — vietnam, for instance there is a big market. vietnam, for instance there is a big market-— vietnam, for instance there is a big market. what are some of the challenges _ a big market. what are some of the challenges you _ a big market. what are some of the challenges you are - a big market. what are some of the challenges you are seeing? | the challenges you are seeing? you said supply issues but what else is out there?— else is out there? supply

when the iranian revolution became success, it radically changed tehran's position in west asia. as soon as the shah was outed, tehran announced a serious. of strategic steps including cutting ties with the israeli entity and the united states. the islamic republic of iran granted palestinians, the former israeli entity embassy building to open their own embassy. the late yasir arafat, the head of the palestine liberation organization, was the first international figure to visit iran after the revolution to meet with late imam khumeini and congratulate him on the victory. additionally, iran declared the last friday of ramadan each year as al-quds day, continuing to... reserve it to this day in remembrance of the al-quds. the palestinian cause received significant attention from ayatullah komeini, the leader of the islamic revolution in iran. during the 1967 war, he considered that the enemy was not only zionist israel, but also the united states of america and the entire western block due to their support for the occupying entity. the islamic revolution turned iran into a politic

islamic revolution led to an all out resistance outburst in west asia. stay with us. the iranian islamic revolution can be considered one of the key drivers that established and supported the axis of resistance in west asia since its inception in 1979, the islamic revolution in iran has embraced ideological principles that encourage. resistance against the west and regional dominance, emphasizing issues of social justice and independence. more details in the following report. when the iranian revolution became success, it radically changed tehran's position in west asia. as soon as the shah was outed, tehran announced a series of strategic steps including cutting ties with the israeli entity and the united states. the islamic republic of iran granted palestinians the former israeli entity embassy building to open their own embassy. the late yasir arafat, the head of the palestine liberation organization was the first international figure to visit iran after the revolution to meet with late imam khumeini and congratulate him on the victory. additionally, iran declared

how has west asia really changed since then? well first thank you for the uh receiving at your episode, it's my pleasure and honor to be here uh other thing we need to talk about geopolitics, about strategic issues, about structural issues that have changed in recent times, but they have been going on for like since the advent of the islamic revolution, the advent of the islamic republic, what i can say simply in one sentence is that it it's it's behind and beyond any imaging. nation that the word is without the islamic republic of iran, just imagine for one second, close your eyes and imagine that this word is without the islamic republic, what would have uh been the case, actually the word arrogance represented by the united states, by the western powers that are accomplices of the united states, this imperialism that is spreading all over the world has been struck by the islamic republic, has been faced and confronted by serious..." power that is accumulating power that is accumulating strength that is standing up not only by

a week in asia?accident at tets bishkek, the city was partially left without heating and hot water supply, after the equipment at the central breakdown broke out. fire. the restrictions affected nearly 2,500 apartment buildings and tens of thousands of apartments. a number of non-social facilities had to be completely disconnected from the public infrastructure. schools and kindergartens have switched to online learning. in addition, kotlov drivers were injured directly at the scene of the emergency. four were hospitalized with burns, another was poisoned by combustion products. they promise to restore full operation of tet within a week. the ministry of emergency situations of kyrgyzstan does not exclude that the accident could have occurred due to sabotage. and at the entrance. at the plenary session of the digital forum in almaat, russian prime minister mikhail mishustin announced his readiness to help kyrgyzstan in eliminating the consequences of the emergency. kazakhstani taxi drivers are so har

welcome to asia, here the heart of the continent beats, and we keep our finger on the pulse.alking about the new digital era of eurasia, good old logistics, the eternal hypocrisy of europeans who patronize asia as a wilderness and at the same time extend a hand of friendship about the passion of millions in football. in this year the slogan of the forum is industry x digital evolution of the future. the event brought together government officials from the shanghai cooperation organization of the eurasian economic union, it specialists, start-ups and large businesses with one ambitious goal: the formation of a new digital era. as part of digital almaty 2024 , the first digital forum of the shanghai cooperation organization was held, in particular. iran, with access to the indian ocean, is proposed to join efforts to develop joint storage bases. in this communications is proposed to introduce joint projects with the participation of countries, ranging from the creation of satellites to the implementation of digital platforms. an important topic of the forum was digital interact

some strength across asia affects -- asia fx.he dollar is flat after a better-than-expected cpi print we got out of japan. rbz coming up next. we are really focusing on cpi in japan. david: i think we came in cooler than the previous month but hotter than most forecasts out there. 2%. stronger than expected. let's bring in our reporter, paul jackson. we were debating before the show started whether or not we should allocate a couple of minutes to talk about inflation in japan. here we are. get us started. >> well, it is a slightly complicated picture because inflation has slowed but the fact of the matter is economists were expecting a far bigger slow down, below 2%. that would've complicated things for the bank of japan as it dearest up for its -- as it gears up for its first rate hike since 2007. but this makes it easier to carry on with the plan to raise interest rates. january will probably be the low point for the inflation rate. because we have various distortions from last year's introduction of subsidies that saved a perc

asia fx slightly higher.dities, china-based futures are where you are seeing the reopening story play out. copper futures up .8 of 1%. that is rubber blaring green. rent, wti trading near 2024 hi ghs as well given the middle east conflict send that geopolitics around there. we are watching closely what happens when it comes to sovereign bond markets. u.s. markets are closed for presidents' day, so we are seeing treasuries play out in japan. given double digit gains in yields with seen in treasuries last week, what is this impact in terms of fixed income in this part of the world? yields are slightly higher, up to one basis point for the china 10 year, new zealand as well. we are seeing more central-bank emergence with new zealand could be hiking as early as next week in their meeting. that is what traders are pricing in right now. we are watching whether the synchronicity will continue. asian dashboards are doing this just showing what we are seeing. one thing we are watching closely is gdp numbers out of tha

central asia at the asian cup this year?tball and i’m sure you are following this championship have seen that many teams have begun to play very well. i will say the same about tajikistan, because i coached this team and know their potential. and now they continue that policy, which we started, the coaches are great, they move us further and more. this is japan, this is iran, and i think so, these four teams will fight for the championship, i do not exclude that tajikistan will show such a sensational game this time, so they can also fight. that's all for now, see you next week, as usual in the center of asia, take care of yourself. hello, we found out that i told you a thousand times about sbp, now i’ll get out and tell you about sbp. download the application with bpa, link your bank account and you can pay what whatever you want, through an nfc sign in one touch or using the sbp qr code, thank you for being easy to find. well, if you are too lazy to go somewhere, there is a sbp button for online shopping, well , see you la

>> this is a daybreak asia we are counting down to asia's major market open and we are always watching for the possibility of the nikkei not going to happen. >> we will get there before tillis us what tour of australia, anyway, to be fair, this depends on what we get out of it, so much at stake. so much of which is the broader direction of where the ai driven chip driven rally continues for markets like korea. paul: japan is investing in this now, 67 billion, a fascinating store on the bloomberg terminal and japan moves to recapture an industry in terms of advanced chips. haidi: we are going to the open as we said, we will not get there when it comes to the 1989 high for tokyo today. look at this, this is the under big -- other big success story, early in a stocks have become the darling of the region. a lot of interest when it comes to korean stocks for foreign investors as well, driving this closer, not surprising like on a day like this with risk aversion, when it comes to chipmakers and the broader tech sector following the laws of the u.s. session led by big tech we are seeing a b

annabelle: this is daybreak asia counting down to asia's major market opens. japan and south korea, the big market team today is the fed holding rates steady. jay powell rebuffing any talk of a rate cut by march. paul: that seems to be off the table. the market reacted profoundly to that. we saw the s&p lose a lot of ground after he made those remarks. in australia we have been backing away from a record high that we set on wednesday. deus ex is off by 1%. -- the a sx is off by 1%. suffice to say we will probably have a risk off day around the asia-pacific today. annabelle: right. we are just getting to the korea trade numbers dropping for january. we saw exports continue to gain for a fourth straight month. up 18% on the year. that was slightly higher than what economists had been seeing. a strong rebound for the month prior as well is another signal of an improving outlook for semiconductors because exports numbers really underpinned strong outbound shipments of the equipment. exports rising 18% on the year. imports continuing to be in contractionary territo

thursday morning asia time, but let's look at how wider asia is faring in the session.are seeing most markets trading in negative territory, seeing the tech sector around .5% to the downside, but a bit more positive numbers coming through in other markets. in particular, china has turned positive. you continue to see the hang seng climbing up 1.9%. even though we see weakness in a lot of stocks, the hang seng is moving to the upside. yvonne: it's interesting we are seeing a rally in a lot of those tech names. but this whole debate, we cannot get enough of it, hong kong versus singapore. bloomberg intelligence is doing a lot of work for us. they have been working hard on this report, really crunching the numbers. and where this is based to go, right? who wins? they are saying it may almost be over. while hong kong cemented its position as china's financial sector, singapore is also still the preferred site for international business offices. annabelle: yeah, something that, as you said, we talk about a lot, that rivalry. let's bring in diversify financial's senior analys

this is "daybreak: asia." counting down to the major market opens, we are bracing for even more of that slide. really echoing the reality check u.s. equities had overnight with the harder than expected u.s. inflation. cpi pushing markets to reprice fed expectations to pull back on expectations and the number of cuts we are looking at from the fed and potentially looking at the idea of the final leg of this cycle for rates being potentially stickier and more volatile than previously priced in. look at how we are trading in australia. every segment of the market is already trading in the red. financials bearing the brunt of the selloff as we had cpa as a headline beating expectations with the drop in margins continuing to worry investors. getting straight to the open in japan. a bit of upside at the end of the last trading session. this is a market on the cusp of one good day from an all-time high. about 2.5% away from the 1989 day. it does not feel like this will be that one good day where we get the all-time h

our asia-pacific markets editor. with enda curran, head of aircraft leasing company avalon. that's on the other side of the break. keep it here with us. this is bloomberg. ♪ hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall. haslinda: welcome back to bloomberg "markets: asia." we are counting down to the india open. futures pointing to a flat open but a lower opening for the nifty index. this is a market that seen a massive rally, sending valuations surging. now people are talking about froth perhaps. look at where we are in terms of the nifty 100 coming down about .10%. sentiment being impacted. we talk about the rally in indian stocks that has turned the indian

in asia that is less of the case. so we tend to be more selective in equities and we like the semi conductor story, we like japan, some part of china, some parts of japan and india. we start with investment grade bonds which give us good returns and it is a good substitute for cash as reserve's decline. investors should look at those yields which are higher than they have been. we are more balanced in asia but staying cautious on high yield because of how extended the credit cycle is at this point. haidi: right and, uh, spreads being tighter in asia has been the theme. do you expect that to continue? julia: that question is on credit spread? haidi: that's right. julia: spreads are tight. they are in the tightest percentile so we think it tends to be more investment grade. not as compelling as the u.s. market, new opportunities for clients. we do have investment grade we like. you mentioned how tight spreads are and also look at china those slowly unfold and it is a tight spread. haidi: feels like the tide of sentiment

how realistic is their expansion into central asia and further to the north?ue as some kind of unnecessary alarmism, since it is not news that there are various international test groups in afghanistan, some of them some of them pose more serious threats. i can’t imagine anything special, the taliban throughout the entire period after 2015 is the force that most counteracted and continues to counteract the spread of the islamic state in afghanistan. this war, this struggle, it is still going on. here you just need to work in this direction with the taliban. there are good precedents, say, iran, the iranian intelligence services have established interaction, they have established interaction with the taliban's main intelligence department and are exchanging. constant work of all military structures of the special services, including the cst countries in the region. it simply requires constant attention, and to other news. another russian diplomatic mission will definitely open in uzbekistan now. the new consulate general will accept. an agreement on this was re

haidi: we are counting down to asia's major market opens. fresh momentum expected to be injected into the equity rally, particularly when it comes to some ai, chip, amtek sensitive markets. japan and korea among them. it is all down to, i should say, happy nvidia day. this is going to provide more momentum into this market rally. paul: it does start to feel a little bit like we should have some cupcakes, or maybe a public holiday so everyone can absorb the enormity of what we heard. predicting another impressive blowout number for the current quarter of 24 billion. the expect -- also potentially a bank of korea decision. haidi: exports have been strong when it comes to korea largely on account of chip exports. let's take a look at the open. paul: all right. what we have? haidi: he brought upside. we were expecting nvidia again shattering expectations to bring a bit more fresh fervor into the markets. starting to sound like a broken record. it is like waiting for goo -- we're away from the record high but continuing to watch for that level ve

in asia?> the issuance from china has been low and in much higher quality names. the bigger impact is more structural in terms of the size of the market. this year we expect net-net could it so the market is shrinking. the impact of the liquidation itself, a big part of the sector has not seen much of a move. rishaad: the high-yield did fantastically in january. do you expect that to continue? >> we do continue to like high-yield but i would put a disclaimer that focus is very much around asia with the exception of china real estate, it's still more volatile and difficult to call. when you take a step back and look at the world, this year, and regardless of would argue of how many cuts you get from the fed, this year will be good for kerry. keep calm and carry on. [laughter] you want to stick with quality high-yield and i think he will give you decent returns for the year. rishaad: your dollar view, how does that fit into whether you buy dollar bonds or domestic currency? >> the dollar stable,

annabelle: this is daybreak: asia counting down to asia's major market opening. u.s. markets are shot. it seems earnings is still the big focus for investors. geopolitics of course and also priced to perfection at least on the u.s. side. haidi: yes. the repricing of fed expectations, the reigning in a said cut expectations. it's a vague day -- big day watching how chinese markets come online after the lunar new year holidays. do we have a more auspicious start to the new year than the way the last year ended? annabelle: i'm sure that's what beijing wants. proxies have told us we could see moves to the upside. japan coming online. a bit of code data. core machine orders out for the month of december. i the last 10 minutes or so they came in pretty much flat with what economists had been expecting month on month area -- month. up 2.7%. you're on your better than expected. though still in contraction territory. japan is not getting any lead from u.s. futures so forgiving markets shut for the day. so far today trading fairly flat. the nikkei, very much something to watch

belarus is strengthening its presence in central asia, a very busy agenda and results of the official visit of our president to uzbekistan. alexander lukashenko had negotiations with the leader of this country, as shavkat mirziyoyev himself noted, it was a meeting of very close friends and brothers. asia is especially careful in selecting partner countries with which it determines course for long-term cooperation. there will be service centers, the ministry of industry, let’s say it’s mas, belas, a tractor plant, something else, we will do everything we sell under one roof, let’s say in tashkent, well , 600 million trade turnover, yes, that didn’t happen, but for ours, yes, today, for our economies, 600 million, ridiculous numbers, we need to reach a billion in the next year and a half and look ahead, i think. in the substantive part in terms of building our bilateral relations. the countries signed a cooperation roadmap for 2 year, taking into account the set economic goals, work both at the level of governments, parliaments and regions, this includes the organization of export suppl

halfway across the world in west asia, a parallel narrative was being. silicon wady, israel's answer to silicon valley, was a mission to carve out its own tech industry. israel harnessed a highly skilled workforce and the regime poured resources to transform the arid nigev desert into a global technology hub, but then israel celebrated for its dynamic startup ecosystem was hit by a grave security crisis. the call to arm. for over 300 thous workers through the sector that contributed 18% to israel's gdp, businesses closed down, flights were grounded and once bustling tourism industry fell into a deep slumber, fundraising came to a stand still, employees were missing from their desks and uncertainty hung in the air, the once vibrant landscape of innovation was grappling with challenges. of an unprecedented scale. david bengurian, one of the founding fathers of israel, underscored the significance of security amidst existential threats. his doctrine a tripartite formula, was often encapsulated as the 3d's. deterrence, early detection, and decisive victory.

let me get our guests in on this program, i'd like to welcome them. out of belfast author and west asia expert saib shaaf and peter ford, former british ambassador to syria out of london. oh, thank you both for being with me on this spotlight. like to start off in belfast and saw, at least 28,500 palestinians have been killed in gaza and... 1.5 million people are in rafa, the most populated place on earth, that israel has been bombing and threatening a ground invasion. your perspective, what is the israeli regime's goal at this point in time? the israeli regime's goal is the the zinest projects goal from the beginning to create, it's israel, a greater israel, and they they want to cleanse the palestinian people out of the gaza strip. they trying to do it in a way which is will look like the pandemic got them a starvation and hunger got the people and voluntary they went and the broke made a hole in the egyptian fence at the border and rafah near rafah crossing which they call it the philadelphia corridor and that's the ideal scenarios which the zist entity uh genocidal war planning for

annabelle: this is "daybreak: asia." we are counting down to asia's major market opens. the focus comes to the moves in the bond space overnight. we saw a big slide. stronger data tells us the fed really not going to be coming anytime soon. haidi: some of that repricing and expectations still for five cats. down to the timing, i guess. shifting to the rba focus, the first meeting of the year. with just about everything else, it is about the signaling rather than the decision itself. annabelle: not to mention, of course, we are tracking chinese markets where, will we see a reprieve from the selloff? let's get to the opening japan. we have wages data coming out half an hour ago. pretty mixed signals, but in aggregate, we saw wage growth strengthening less than expected in december. . still showed signs of underlying momentum if you look at data that avoided sampling problems excluding bonuses and overtime pay. actually we saw better growth but still, undershooting with economists had been expecting at the headline level. nominal cash earnings as well, raising less than exp

asia's major market opens.o contend with, we have japan, the number surprising, slipping into recession, clouds of the way forward for the bank of japan, particularly with how strong the yen has been. we are also looking across the continued percolation of said messaging and how that side of things affects markets. or uplift today. paul: japan is interesting, the numbers unexpected. is this stagflation or are we doing violence to the word? earnings out of australia as well. haidi: some of those earnings clouded the broader macro outlook into some concerns about the fed's trajectory. let's get you straight to the start of trading in japan. ahead of that, we have more breaking news, numbers out o

-- with the asia-pacific ceo. some headlines to tell you about, alibaba is saying it is cutting cloud service prices to boost china ai business. it is expected to cut prices by as much as 55% for more than 100 products, and those comments coming in a press briefing, citing alibaba to cut prices by as much as 55% for more than 100 products. alibaba currently trading down 0.6%. in the markets it is trepidation. investors waiting for that crucial pce data out of the u.s. on thursday after a hotter than expected cpi data, prompting questions about perhaps what signs may be gleaned from the data to suggest what the fed might do with rate cuts. bear in mind, market expectations now coming to about an 80 basis point car from the year, down from that 150 basis point level. in the broad market in terms of the chinese market, inching higher at this point in time. csi 300 index up by 1.6%. still, there are concerns despite more foreign investors pouring money into the chinese markets, concerns about the clampdown prompting t

haidi: this is daybreak asia counting down to asia's major market opens with japanese markets rejoining after a long weekend. investors after clinching the december 18 -- 1989 high will look at the 40,000 level for the nikkei 225 as the next level, the next milestone, the first time ever it surpasses the 40,000 level. a pretty muted session across asia. expecting conflicting leads. u.s. stocks, not much progress in the final friday session of the week after a massive week for tech large caps and ai and tech names after the nvidia fervor. we are seeing south korean stocks with the value up program. a big day for south korean stocks after quite the turnaround in the underperformers to the outperformance we have seen for that market in particular. let's get to the open. the nikkei to do five bursting out of the gates over twos percent. -- 225 bursting out of the gates over 2%. watching that market is coming on line extending gains building on the 1989 high reached in the thursday session before the emperor's birthday holiday. a little catch-up is expected with technology and also maybe cat

a special direction. para poder hoy día ser reconocido como el dirigente de la resistencia en toda asiadental y al mismo tiempo como el el artificio de lo que fue la derrota de isis bueno desde well, from the indigenous african region of latin america, talking about sulaymani has its strength and weaknesses. the weak point of talking about a revolutionary leader, mata is that he was in a remote area, but his news and developments are followed very closely, and we consider that region in asia to be the heart of the arab and islamic world, but at the same time there are strong points in this regard. these are not only related to. sulaimani's strategic and geopolitical perspective, his ability to command and determine the fate of battles, but the main thing that our nations can understand is his deep spirituality. many have talked about qasim sulaymani's past and cited many characteristics from him. his first characteristic was that he was always present on the battlefield. he was not a general who would make decisions from place away from developments, away from mil'. barricks, he was alw

asia chip stocks, you can see here.sted a rise in monthly sales on the back of strong demand for chips. plus, keep an eye on payment stocks such as japan's gmo payment gateway as paypal forecast flat earnings this year. ♪ >> at the start of the session, we are still focusing in on that outperformance we are continuing to see for u.s. stocks, how much that will translate, that exceptionalism, how much markets continue that wall of worry. quick speaking of wall of worry, china heading into what should be an auspicious year, the year of the dragon, big changes on the eve of the year. we get more inflation or potentially deflation numbers today. clearly, they have to try to shake things up to make any meaningful

belarus is strengthening its presence in central asia. very busy agenda and results of the official visit of our president to uzbekistan. alexander lukashenko had negotiations with the leader of this country. as noted shavkat merziyoyev himself, it was a meeting of very close friends and brothers. in asia, especially chat. approaches the choice of partner countries with which they determine the course for long-term cooperation, and as the president of uzbekistan emphasized , his country does not show such openness as in belarus to all states. belarus is expected in asia; our technologies and competencies are needed. there are plenty of reserves for growth. belarus and uzbekistan plan to increase trade turnover to a billion dollars. when i'm somewhere in some countries, we... in order to organize systematic mutual supplies, belarus and uzbekistan will create a joint... today's negotiations clearly confirmed this thesis, because there was a detailed conversation on all areas of our bilateral cooperation, without exception , and, as you know

hello and welcome to asia business report. i'm mariko oi.e begin on wall street where a rally has continued overnight, with the s&p 500 briefly crossing the psychologically important 5,000 mark, before ending the session just below. investors brushed off comments from the chair of america's central bank, jerome powell, who's ruled out an interest rate cut next month. isaac poole, the global chief investment officer at 0reana financial services gave us his outlook on the interest rates and the markets earlier. what we are seeing here is the market really continuing to expect significant rate cuts from the fed and that has helped drive forward returns, as you say. this target was what we were expecting to hit at the end of the year, but we have seen a little bit of better than expected economic data also helping optimism that earnings growth might pick up a bit in the next few months. so is this all about expectation for rate cuts? is the optimism because of strong earnings? i the optimism because of strong earninus? ~ ., , earnings? i think i

their asia—pacific chief, john 0'keefe, spoke about how asia is contributing to growth for the spiritssia is about 18% of our total global sales, so pretty important. i would say the big drivers of growth underneath that, i would have to start with india, first of all. india is a phenomenal market. it's the biggest whiskey market in the world. in fact, it's probably one of the few markets where the whiskey category is bigger than the beer category. within that, we are seeing premiumisation — a lot of people moving up the price ladder — which is driven by the emerging middle class. i would also point to southeast asia, markets like indonesia, malaysia, vietnam — a very luxury—centred business where scotch is very vibrant. and then i would point to china. the biggest market in the world. it is three times the size of the north american spirits market. 97% of it is chinese spirits. baijiu — chinese whiskey spirit. we are the only business involved with that and we have an exciting business with johnny walker on the side. particularly in europe we are seeing an emergence of an exciting non

was was progressing incredibly well, we'll build new corridor of peace and prosperity that connects asia through the uae, saudi arabia, jordan, israel to europe. tucked away in northern california, silicon valley stands as a beacon of global innovation. home to technology giants like apple, google, and meta, this region continues to push the boundaries of the high-tech industry. silicon valley's entrepreneurial spirit is palpable with a thriving ecosystem that fosters creativity, collaboration and risk taking. halfway across the world in west asia, a parallel narrative was being written. silicon wady, israel's answer to silicon valley was a mission to carve out its own tech industry. israel harnessed a highly skilled workforce and the regime poured resources to transform the arid nigev desert into a... technology hub, but then israel, celebrated for its dynamic startup ecosystem, was hit by a grave security crisis. the call to arms for over 300,000 workers through the sector that contributed 18% to israel's gdp. businesses closed down, flights were grounded and once bustling tourism indu

concern is more when it comes to the spread of the aggression across the region, especially in west asia, something which in one way or... in terms of crisis, ukraine is one of them, the gaza onslot another, what's happening at the red sea also, this is the lowest world economic growth in the last 55 years and a common factor in all of this the united states, also the spillover is a big concern, you have crisis like the exchanges between hisb and the israeli regime, and also when you take a look at how syria, iran and yemen are involved in that, where syria is bombed israel and uh you're having uh tensions ratching it up by israel and the us against iran and of course how yemen is being targeted, resistance groups targeting us interests another factor. this was just... war on the palestinian people in gaza has cost the lives of countless of civilians. the war and that related instability in the region has also had regional and international economic ramifications. the international monetary fund has lowered its estimates for the growth of middle eastern and north african economies during

this is bloomberg. ♪ ♪ >> this is "daybreak: asia."to the major market opens, we are bracing for even more of that slide. really echoing the reality check u.s. equities had overnight with the harder than expected u.s. inflation. cpi pushing markets to reprice fed expectations to pull back on expectations and the number of cuts we are looking at from the fed and potentially looking at the idea of the final leg of this cycle for rates being potentially stickier and more volatile than previously priced in. look at how we are trading in australia. every segment of the market is already trading in the red. financials bearing the brunt of the selloff as we had cpa as a headline beating expectations with the drop in margins continuing to worry investors. getting straight to the open in japan. a bit of upside at the end of

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what else do you remember about the past week in asia?fficial state visit to qatar, where the kazakh delegation met with sheikh tamim benhammad al-thani, as well as representatives of large businesses and financial institutions. as a result of the trip, many investment agreements were signed; for example, doha is ready to invest in joint gas processing plants in kashagan. an embassy of the united arab emirates will appear in bishkka, which... the head of state highly appreciated the efforts of the local hikemlik to improve housing conditions, development of social infrastructure , timely implementation of agricultural plans, in particular, wheat and cotton yielded well. small medium-sized businesses in kyrgyzstan will receive $15 million from the russian-kyrgyz development fund. the money will be invested in expanding successful startups, such as a company that produces paper cups. previously, they had to be purchased. 35 years since the last soviet soldier left afghanistan, the ussr military group was located across the river for 9 years

concern is more when it comes to the spread of the aggression across the region, especially in west asia, something which in one way or another has happened already. in this edition of economic divide we will look at the warning by both institutions and its impact on the world economy. some of the highlights of this program: the warning by the imf and the world bank of course uh, in terms of the impact on the global economy, the israeli gaza onslot is at the core of it, the red-sea militarization, obviously is another concern in terms of the impact that's going to have on the world economy, how much of one is what we're going to be looking at. also uh the assessment by the world bank in terms of uh crises, ukraine is one of them uh the gaza onslot another, what's happening at the red sea also, this is the lowest world economic growth in the last 55 years and a common factor in all of this the united states. also the spillover uh is a big concern, you have uh crises like the exchanges between hezbollah and the israeli regime and also when you take a look at how syria, iran and yemen are i

alliance is the cause of destruction in the region. and threatens the security and stability of west asia. welcome to the mid stream, i'm madman. so the bahraini people are preparing to commemorate the 13th anniversary of the february 14th revolution emits the people's steadfastness in their rightful national. the popular movement enters its 13th year with even greater determination as the authority becomes increasingly convinced that it is a just movement with just demands. the authority has not achieved anything in 13 years as the bahraini people have not backed down and violence, killings and prisons have not been effective against them. to discuss this issue with us from london is mr. ali al faz, bahraini political activist and human rights advocate. thank you very much for. with us, mr. ali now, 13 years into the bahraini revolution, which began on february 14, 2011 when bahrainis gathered at the very famous but now non-existent pearl roundabout in the capital manama, to demand reforms in the governance system of their country and to end sekitarian discrimination, but what really hap

this is the program in asia. one of the standout regions for apple in the rest of the quarter was asia-pacific. that includes australia. obviously japan and china are their own markets. korea did well i'm sure. australia, new zealand. malaysia is really interesting because they are going to open their first store there in a couple months. certainly asia and the emerging markets there is a pretty big deal for them despite the tailwinds or the headwinds i should say they are seeing in china. rishaad: we did not get to the vision probe. mark: it's going to take time for that to take off. but it is very exciting. i'm looking forward to trying it out tomorrow and giving you guys my thoughts the next time i am on. thank you for having me. rishaad: let's get to don nesbitt at zcm. thank you for joining us area does this set of earnings represent a watershed for where apple goes next? or is it a blip? perhaps revenue growth was returning. >> thank you for having me. regarding apples earnings it seems to be pretty much wh