region. tend to stay in the asia-pacific region. tend to stay in the asia-pacific reuion. , .on. joanna lu there. but while consumer spending may be muted, the golden week has boosted home sales, according to chinese state media. cctv reported that the number of home viewings increased significantly over the holiday. the sales of homes also rose across the country. it comes after a string of stimulus measures were announced to prop up the sector, including lowering down payments for first—time home buyers. staying with china but turning to the auto industry because the european union recently agreed to impose new tariffs on electric vehicles made in china. but it wasn't a unanimous vote. many abstained in german opposed. the boss of german carmaker volkswagen says the european union should exempt some companies from its tariffs on china—made electric vehicles. for more, let's bring in the asia editor hans grimmel. thank you forjoining me. which european countries are likely to benefit? it european countries are likely to benefit?— to benefit? it is a question about whether _ t

currently , asia-pacific countries account for 49% of purchases. in 2025, this figure will sharply increase to almost 67.5, and then to 68% in 2026. let me remind you, for over the past 10 years, the share of asian countries in russia's foreign trade has grown from 29 to 6. russia has increased its liquefied gas supplies abroad to 23.5 million tons in 9 months, and exports have grown by 7% over the year, according to the london stock exchange. more than half of the volume, 12 million tons, was purchased by eu countries. as deputy prime minister alexander novak previously stated, russia will supply about 35 million tons of lng abroad by the end of the year. russians spend more than a trillion rubles on bets with bookmakers every year. this was stated by deputy finance minister ivan chebeskov. according to him, sports betting is done about 6 million people. on the one hand, the ministry of finance is pleased with the growth of budget revenues, chebeskov noted. but at the same time, the coverage of participants is a concern. and the central bank saw r

the trading week rough waters for the shipping operator across the asia pacific no matter where youook carolin, back to you. >> thank you we are obviously seeing maersk down significantly on the back of this. some of the shipping names would have loved continuation of the strike to see some higher shipping rates maersk off 7.3% and the other names also down across the board. >>> eu member states are set to vote today raising tariffs on chinese electric vehicles amid competition fierce fears. arabile joins us now for a closer look. a lot of comments on the tape this morning as well >> we are looking at what comes off the vote you need at least 15 members to vote against it and see how that would change things as well. to give you a clearance of where the autos are trading in germany. you see the likes of volkswagen moving up 1.25%. 1% higher for bmw and stellantis here's the full story. the bloc imposes a 10% import duty on all vehicles the proposed tariffs and additional 45%, would be placed on top of this figure it then. it does come after a year long subsidy investigation into the

international look anyway success was achieved in the first step with iran's membership in the asia-pacific union's accreditation and certification body. the value of this work brings economic benefits to the country , prevents the withdrawal, and makes the islamic republic a province. high technical power to issue certificates of other countries in the region. iran's membership in the international laboratory accreditation organization with the abbreviated name of ilac marked another step towards the improvement of the country's standardization system. we provide services that allow us to register contracts and place orders. let's even move our money well, it wasn't. we had to have our certificates. we sell our services very cheaply, but now we can charge for the real price and the value of our services. from an economic point of view, it can actually be a source of income for us when we export engineering inspection services and non-destructive testing services. there is a country that can expand a lot in the field of business , now with the globalization of iran's signature and technical

great indo asia pacific. yes, we've seen what the chinese have been doing to bolster their military. we've seen the south china sea and some of the activities there. we've seen the tension around taiwan that continues. what makes you nervous or what has your eye in the indo asia pacific right now? >> well, look, we're, we're in a uh geopolitical competition struggle uh with china. uh it's going to be multigenerational. this isn't near term like tomorrow, next day it's going to be over. um and there is the possibility, not the probability but the possibility of armed conflict between two great powers. united states and china. uh china has the natural resource, the people, the population, and most importantly, the money to challenge the united states on a global scale. if you look back when i was, i was commissioned in 1980 i did 44 years of service. during that 44 years, the russian military or the chinese military transitioned from a foot infantry, peasant based foot infantry army with no satellites, no navy,

for more i'm joined by alicia garcia herrero — chief asia pacific economist at the bank natixis.disappointed investors? did they expect more? yes they did because there was already a softening of the market overseas. of course the chinese market was already closed. but already by friday you could see overseas markets waiting for more on the fiscal side. this press conference was announced in china and there was a big expectation that it would go beyond the 2 trillion... that they had an officially announced. the reality is they didn't even fully confirmed that and the markets remained a little bit surprised that they would call a press conference for such little information. and that's what i think has moved the market from mine just 11 to what i think has moved the market from minejust ii to —10 in hong kong. market from mine “ust 11 to -10 in hong kong.— market from mine “ust 11 to -10 in hang kang— in hong kong. what you think this is about _ in hong kong. what you think this is about the _ in hong kong. what you think this is about the potency - in hong kong. what you think t

let's check on chip stocks trading in the asia-pacific region on disappointing rejections from asml,y 6/10 of 1%, extending the losses we saw yesterday. asml's ceo saying the recovery will go well into 2025. u.s. chip producer amd says the company is seeing progress in its race against nvidia. we spoke exclusively to the chief technology officer about the outlook for the industry as the u.s. considers capping ai chip sales to some countries. >> we live in a very competitive industry. you look at our competition, in 1986 we set up a roadmap for leadership capability and now we have over a third of the market. you shift the data center gpu, we competed for decades with nvidia graphics computing and we set our sights years ago to be competitive in the data center gpu and we started first. we have the largest supercomputer in tennessee. we have many supercomputing installations across the world. >> can you quantify how close you are to catching up? >> we started in ai filling on the base -- building on the base. think about it as a small starting point. fastest growth of a new product in

what a have seen on chinese stocks is going against the grain of the asia-pacific where they are managing to clock gains and shrugging off more or less what we got out of the harder than expected u.s. cpi print. flip the board. if you are wintering to the extent to which of the cooling in chinese equities have left us, take a look at the september bottom all the way to the october peak. the recent petering out of declines has taken against you 24%. keep that in mind. i want to highlight what we are seeing in the fx space, because even though equities are downed the yuan is managing gains onshore and offshore on a day when asia-pacific currencies are beginning ground except for the japanese yen. the korean won getting an added boost after a hawkish cut from the central bank which joins a global wave of easing, a cut which was as expected but to some game in hawkish especially if you consider how five out of the six members on the board think that the rate will be kept at 3.25% for the next three months. lizzy: we thank you, and it will be a busy weekend for you. we look ahead to the market

so among the stocks we're tracking in the asia pacific today are asml's customers, tsmc, its pierce like tokyo electron seeing declines almost 10% into the lunch break. and another of its suppliers also seeing those losses. it didn't help that we actually saw some concerns abthese u.s. chip cups, potentially getting tougher as far as sales are concerned. overnight we saw how nvidia, the philadelphia semiconductor index also took a hit. let's take a closer look at what we're seeing aamong some of these chi neaz stocks because the once that are rallying are these developers listed in hong kong. we have news of yet another briefing coming out of china. this one tomorrow. we're going to hear from the housing ministry along with the pboc. it's expected to potentially give details on property support measures but note here, these measures, the news of it, have been coming in bits and pieces. you wonder does this cut it for investors, especially when you get reminders of weak chinese demand and how that's reflecting even in the sales of lvmh that luxury retailer, and this offshore concern also

the line says, written in these documents, but for us to was it also have come from the asia pacific region from various parts of the east of all concepts i didn't, intends to, as such as military dominance. nato is infiltrating the region under the slogan of indo pacific strategies. washington is organizing various kinds of choices and quotes like lucas with explicit di, email containing china, isolating russia in crudely pressure. rising the democratic people for public of korea. it is obvious to us that that can be no return to the previous models in which the united states and its claims do exclusivity, played a major role. all vision of the region architecture is in harmony with the global security initiative put forward by president fusion pain of the people's republic of china. one of the key principles of which is the need to address the root cause is so complex. that is the key to building a more just world order and genuine multilateralism in the context of height and tensions and needs to be confident. we paying great attention to ensuring peace on the korean peninsula, on

the article there is a story about how nato- type military infrastructure is advancing in the asia-pacifict describes in detail and the kuads, kuads, pacific... partnerships in the field of economics, but still the main emphasis is military, to consider, bulinkin believes that success, the success of the us administration is, well, the transfer of military alarm or military threat to the asian-pacific region, in the article there is a statement, you know, it is so funny, but conceptual, that the united states are ready to compete with the revzenic powers in what we call the world majority. as confirmation , well, a project is cited, which is really such a geopolitical, of course, from angola through zambia to the indian ocean, well, that's all, and the article also says that the united states will look for private investors to solve infrastructure projects around the world, that is, in fact , there is no money, yes, but you build, and what is not, the article, this seems more important to me, there are no reasons for a crisis in relations between the united states and these four countries,

bendi kat hoffman, the deputy representative of the united nations for southeast asia and the asia pacific, expresses concern about the telegram software and says that users are facing a high risk because of telegram. there is a possibility that their information will be used for fraud and other crimes . in the first session of the supreme council of education in the 14th government, the president said that by mobilizing all the facilities, the spaces should be developed. it will not be possible until the reformed educational system and educational justice are established. he solved the country's problems. this was stated by the president in the first session of the supreme council of education. in this meeting, mr. bizikian said that until now, more attention has been paid to hardware issues in education. if the educational methods should be modified to improve the quality of education. if if education is not done, the country will not be done. we have to train people who will say that we will come and solve the problem of this country in any way. the country is ours if navin should be us

the heads of state meeting with asia pacific partners.nk we are building up and it's very important that we do so. >> and just want to press on one follow-up there, madam ambassador, which is the united states congress. we saw a debate unfold here in washington over support to ukraine. obviously, that debate was watched carefully by the kremlin, by our allies and partners and by the ukrainians. how do you think that all netted out. what were the members of that debate at the end of the day? >> i thank you so much for that question because many people misinterpreted the role of congress and its support of ukraine. there were other factors in the original votes because the -- there was an attempt to put both border security and ukraine aid together and that ended up not being possible and therefore, when you had the final vote that it was ukraine, it was overwhelming in the house, overwhelming in the senate support for ukraine and the rule of congress is very important, especially as we are looking at this next election. and having the pres

developments, let us speak to jeff, a former general of canada in hong kong and the ceo of the asia pacificings at the moment, i would assume you have more of a canada perspective on this but how better relations between india and canada —— bad relations? india and canada -- bad relations?— india and canada -- bad relations? , . ., , relations? they are the worst they have _ relations? they are the worst they have been _ relations? they are the worst they have been in _ relations? they are the worst they have been in decades. it started with this latest situation started over a year ago and prime ministerjustin trudeau in last year it rose to level allegations and involvement of agents of the indian state in the murder of a canadian citizen in vancouver in the previousjune but what we had earlier this week on monday it was really an unprecedented see and read the canadian, the head of canada boss was national police in a press conference talking about over 30 individuals were being arrested and charged with various crimes across canada related to extortion, intimidation, coercion and even m

anyway, this success was realized in the first step with iran's membership in the asia pacific union'sreditation and certification body. he says he will leave and also the islamic republic it turns into a powerful technical cylinder for issuing certificates of other countries in the region. iran's membership in the international laboratory accreditation organization , abbreviated as ilac, marked another step towards the improvement of the country's standardization system. we provide services that allow us to register contracts and place orders. our money is even the answer. if we didn't have our certificate, we had to sell our services very cheaply, but now we can charge for the real price and the value of our services . we have engineering, export of non-destructive testing services , it is actually a source of foreign currency income for the country, in the field of business, it can expand a lot . the annual export of the country has prevented the departure of 50 million dollars from the country. noon for the broadcasting news agency. yes, thank you, mrs. parvesh. mr. hashemi, let's

i asked micky bristow, asia pacific editor for the bbc world service, for more details.nown movements were in april, when he took part in a conference, and since then nobody on the outside world has really seen him. and how do we know he's disappeared? because his name hasn't appeared on, or it's disappeared from, the organisations for which he worked for. so, he worked for the chinese academy of social sciences. name's disappeared from that organisation. he worked for an economic think tank at tsinghua university, one of china's top universities. his name's gone from there, as well. in many cases in china, you don't know something's happened to somebody until they just don't appear in the places that you expect them to appear. but he did make the mistake of criticising xi jinping semi—publicly, didn't he? what appears to have happened is, on an internal group, like a messaging group between academics, he's made some very impolitic comments about xijinping, notjust about his economic policies, but also about his mortality — because, of course, there's constant speculatio

the line says written in these documents that threats towards it also have come from the asia pacific region from various parts of the east of all concepts i didn't intends to as such as military dominance. nato is infiltrating the region under the slogan of endo pacific strategies. washington is organizing various kinds of choices in quotes like lucas with explicit diamonds containing china, isolating russia in crudely pressurizing, the democratic people for public of korea. it is obvious to us that that can be no return to the previous models in which the united states and its claims due exclusivity played a major role. i'll vision of your region architecture is in harmony with the global security initiative. put forward by president fusion vein of the people's republic of china. one of the key principles of which is the need to address the root cause is so complex. that is the key to building a more just weld order and genuine multilateralism in the context of height and tensions in the east of the continent, we paying great attention to ensuring peace on the korean peninsula, on t

i asked micky bristow, asia pacific editorfor the bbc world service, for more details.nown movements were in april, when he took part in a conference, and since then nobody on the outside world has really seen him. and how do we know he's disappeared? because his name hasn't appeared on, or it's disappeared from, the organisations for which he worked for. so, he worked for the chinese academy of social sciences. name's disappeared from that organisation. he worked for an economic think tank at tsinghua university, one of china's top universities. his name's gone from there, as well. in many cases in china, you don't know something's happened to somebody until theyjust don't appear in the places that you expect them to appear. but he did make the mistake of criticising xi jinping semi—publicly, didn't he? what appears to have happened is, on an internal group, like a messaging group between academics, he's made some very impolitic comments about xijinping, notjust about his economic policies, but also about his mortality — because, of course, there's constant speculation

across the msci asia-pacific pacific, down. hsi in hong kong down 5% and the nikkei in japan losing 1%. let's get more on the china story and the dramatic market reaction and bring in our china correspondent, minmin low. the first trading session, talk us through the reaction and what we are hearing from chinese officials this morning. minmin: it was quite a volatile session. we opened the csi 300 with 11% gains. we have paired half of the gains because of disappointment around the ndrc press briefing. perhaps market expectations were misplaced. the title of the briefing was about the implementation of incremental economic policies. the ndrc does not have the mandate to increase fiscal budget deficit without having the state council put that through to the legislature in for approval first. perhaps the big bang fiscal stimulus -- the more appropriate time for the government to announce that would be in october. today at the press briefing we heard more measures around boosting consumption and increasing the income of lower and

msci asia pacific at its lowest level in three weeks. the tech heavy gauges are among those taking a beating, particularly bad bleed on the nikkei, the weakness in the japanese currency can't be helping things along. after all this question about the ai rally, we are getting more good news in the past 15 minutes hearing from the hong kong chief executive policy briefing. and hearing how they will relax some of these mortgage rules for some homes. that has been a pain point of sorts, especially with everything going on in the mainland. what demand from that front as well. we are still seeing a bit of impatience growing as far as china stimulus measures and the filling of the blanks is concerned. we are seeing investors waiting out for the housing ministry briefing due tomorrow. we will hear from the likes of the pboc and hopefully get more details on any property support measures. we are seeing these double-digit gains among chinese developers in hong kdigging deeper into whe in some of these chip names for asml. the tsmc, sk hynix stocks

the asia pacific up 6.0%. the hongsang soaring more than 9%.he nikkei dropping close to 2% in the session. let's get to the middle east right now. israel's prime minister benjamin netanyahu has vowed to retaliate after iran fired 200 ballistic missiles at the country it started after the u.s. warned an attack was eminent. the israeli army aid in missiles have been intercepted with reports one person was middle the west bank. >> iran made a big mistake tonight and it will pay for it. the regime and iran does not understand the determination to defend ourselves and our determination to retaliate against our enemies. >> let's get more from bloomberg horizons middle east. what do we know about this salvo of missiles, ballistic missiles fired by iron -- iran. >> around 7:00 p.m. local time, iran had sent over 200 ballistic missiles into israel. the i.d.f. said that most of the missiles were intercepted causing limited damage but there are reports that one person may have been killed in the west bank and potentially on back of shrapnel as opposed to

middle east, the new administration, whichever it is, will need to turn its attention back to asia pacific and quickly mcbride. i'll just say era. so now the business government does, that's how it's $26.00. what it says as a net $60000000000.00 spending deficit and the national budget, that'll be more tax ation than most spending to improve health on social services. but the case and budget watch talk is skeptical. it'll improve growth in the short term shown on explains now from london about data for the ages. so site keeps thomas labor, government hopes, delivering 1st stability and then gross to persons economy off to 14 years. it says of conservative neglect. this government was given a non sites to restore the ability to our economy to begin a decades of national renewal. that was tax rises and enormous of $50000000000.00, well calibrated to his employers and the willow for all, but the workers pay. and that was the promise of more borrowing to generate growth . and the only way to drive economic growth is to invest, invest investor bill positions ruble. we'll see. they don't like it

of all these tensions across the world, including of course, the middle east, the ukraine, the asia pacific, this is more than relevant, so we'll be closely watching everything that's going to happen here in minsk today . and of course, i'll be making sure to bring you all the latest details of the trade disputes. now the aging has lost our tax on easy to move to slop half the terrace on the inputs of electric vehicles from china. so you can only had to european consumers in the pockets a male use, a typical trade protectionism veteran you body the european commission as in the system, conducting an anti subsidy probe into chinese eaves and unimposing high tariffs. without any industry requests, it will damage the industrial chain and supply chain cooperation between china in the harm, the interest of the european consumers and undermine the efforts of the use green transition and the global response to climate change. she will be all the extra tires off off to 55 percent where now is done choose day after i the prob, found chinese state subsidies. where on the cutting european. com make cu

blackstone adjusted $16 billion in australia with the largest asia-pacific datacenter. europe is further behind. international exposure to datacenter in for structure power and build out is interesting. they are much further behind the u.s. prices are more reasonable on a relative basis. there are opportunities here beyond the u.s. ed: nancy curtin, sizable advisory firm, thank you very much. coming up, analysts raise concerns about iphone sales growth. ♪ caroline: apple preparing to announce a new low-end iphone early next year along side upgraded ipads. is this about india and china and the consumer there? >> this is not. this is more of a global thing. the iphone 16 across the world is not meeting expectations according to some. they have been planning this for years, a plan that brings down the price points of these features, globally, at a sub $500 price point, they will bring something quite compelling to the market. the reason this is not about india is because in india the market share leaders, they are sub $200 phones. they are still not playing in that market

of all these tensions across the world, including of course, the middle east, the ukraine, the asia pacific, this is more than relevant, so we'll be closely watching everything that's going to happen, sir in minsk today. and of course, i'll be making sure to bring you all the latest details. all right, hard to correspondence. here you go. peace cannot there. thank you. now with less than a week to go on till the us presidential election, polls have the 2 main nominees. donald trump and come out of harry's neck and neck . now we'll be covering every minute to all the race right here and i to you, if you know special coverage. so stay tuned. the right, so the question is, can capital hill go with day without the american top politicians slandering each other? the latest incident involves the usual suspects, joe biden, and download from with the current president, insulting the former president, supporters for puerto rico or i'm my home state of delaware. they're good, decent, honorable people, the only garbage i slowed down there is your supporters, is, is, is team and ization seen as a cultu

avril: we are seeing a bit of a mixed bag in the asia pacific where china has been underperforming for much of today. but if you take a look at the nikkei, it is tracking those gains on wall street. tech is outperforming against the backdrop of those fed rate cut bets. stabilizing the story of today is really about china. we saw the hang seng losing as much as 3.5% at one point. somehow managing to plot gains again. the csi 300 pairing those declines of five, six plus percent in the session. the bottom line, even though we see a mixed picture in terms of chinese as well as hong kong equities is that investors want to see more in the wake of stimulus. there were not impressed by the end drc just one day ago -- ndrc one day go. we see the holiday spending out of china. it was lagging. these are the drivers for chinese markets. for some of the superlatives, the csi 300 at one point saw its worst session since february 2020. i don't have to tell you a happened to the hang seng just a day ago. really bad lead. the worst in 16 years. it's not just china in focus, we also had central-bank act

to your point about ht's lifted sentiment in the asia-pacific, mostly higher, including in japan. itretrned from a long weekend helped in part by the weakness whave been seeing on the japanese currency,ut there are a couple of outliers to this climb in stocks today, as we see the energy sector, the underperforming one, the worst performer as brent and usc crude -us. crude futures dropped and keeping an eye on whate seeing in chinese s the prices haven cming down amid reports that israel may not hit irani and crude. we hearm the likes osme saying chinese authorities could r about $850 billion to boost growth and this could the form in the issuance of ultra g ecial government bonds over three years. ok at the stock market performance. nvestors seemed underwhelmed. the dollar is showing some strength. and the other thing we have been watching at e've been hearing from fed speakers. have a listen. >> this data is signaling that the economy may not be slowing as much as desired. while we do n o overreact to this data or look through it, i view thely of this data as saying monetary poli

asia-pacific. that's because china has its own problems.ith 31 days to go until the election, control of the house is heating up. our panel on the races to watch and what is at stake in the 119th congress next. and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies and creepy ads that follow youa and other companies. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. there's news, and there's good news. like thousands of patients receiving free life changing surgeries, from volunteer doctors and nurses on hospital ships. all made possible by donations. we love good news. paul: 31 days to go into the election, battle for the house of representatives is in the balance as republican scramble to hang onto their razor thin majority and democrats look to flips red seats in california and new york and name hakeem jeffries the next speaker. kim, the house right now, republican

it was said a playbook is being applied in asia pacific but it is a clear element for growth. >> u.s. at least from our perspective well ahead in terms of deployment of ai but it try it quantify it is about a tkpwoeg to 40 gigawatts. the european is about section gigawatt stand china is on a similar trajectory so the scale is different 2010 the u.s. and other markets. ed: you can get more of that interview and amid growing demand on wall street welcome at 6:00 p.m. eastern time. the data center hurdle is not the only challenge to deployment of ai. sometimes it is internal stugs in the ai. the start-up also been royal -- roiled and were of the original brain trust. it bears little to the ultimate self-and they are concentrating power. we have the deep dive. a picture says a thousand words is the most appropriate idiom. if you put the pictures of the faces of people that started open ai you cross those that are gone and those left it is just three people and within is on a spwab bat confidential. what have you learned? >> there were a lot of people at the start, 11 of them and now we're

the msci asia-pacific index is up point a percent. low bust -- global stocks near all-time highs. we are keeping an eye on the hang seng index up by point a percent paring some of the gains we saw this morning. optimism -- the rally is different this time. the hang seng up by 35% to date set for its best year since 2017. we are keeping an eye on the japanese yen. 148.62 is the level we are seeing inching closer to the 150. perhaps that is the level where the boj will be intervening. better than expected u.s. jobs -- jobs report and the implications for fed policy. >> inflation is dead. inflation is not dead. enough talk about the fed only being -- should only be concerned about maximum employment. >> across the board, this is a good report. you look at the under components, retail, professional services, all significantly beat about their three month running average. >> i think the fed should still go another couple of 25's. i don't think you will create the instigation for inflation. >> the markets and the fed were focused on potential downside risks as a result of the weaker lab

maybe tsmc is part of the mix on the asian session right now, the msci asia pacific is up .2%.tse 100 looking to add 24 points. s&p futures pointing lower by .10%. nasdaq's futures down. the russell 2000 had a decent, solid session indeed yesterday, ending up around 1.6%. let's flip the board and look cross asset. the focus on the euro leading up to that decision from the ecb. the markets expected another cut in this cycle from the european central bank. brent trading up4% and iron or pssure after more disappointment from chinese offls in terms of their support measures for that economy, particularly the real estate market. a bit of pressure in the session today. it's a big day for the european central bank, expected to cut interest rates when they meet later. lizzy burden joins us once again from where the ecb will be meeting today. a rate cut is being priced in, how much anticipation is therefore this decision? >> five weeks is a long time in central banking. you mentioned inflation, it's back below the ecb's 2% target but more importantly, even though we haven't had a lot of

the msci asia pacific as mentioned in positive territory, up 0.1%, slightly more activity on the csi 300, up 2% in the session. china's highly anticipated finance minister briefing on saturday lacking some of the firepower some investors had hoped for. beijing promised more support for the struggling property sector and local governments, but economists aren't yet convinced it is enough to defeat deflation. we have more details on the inflation front out of china. let's bring in our china correspondent minmin low. what were the key takeaways from saturday's briefing that we would have a drumroll of expectation leading to this ministry of finance briefing? it seems at least on some fronts they under delivered. >> we are seeing quite our range of market reactions coming out right now. some investors are disappointed by the lack of that magic number. the 2 trillion yuan in additional stimulus investors were hoping for. i would say that is possibly still on the table given that any fiscal budget revision, as well as additional bonds that are issued above this year's quota, that has to be

chinese equities for much of today, but they are, for now, leaning -- leading the gains in the asia-pacific, which are in a good mood if you take asia x china thanks to the s&p 500 clocking the 44th record this year. stocks and japan are also doing pretty well. but where the action really is is in china. yesterday we saw the csi 300. what a showing in four years. it staging a bit of that comeback today on the hang seng. gains of almost 5% as well. this is looking ahead to saturday briefing from the chinese finance minister where hopefully he fills in the blanks as far as fiscal stimulus is concerned. but what was also really interesting is, as hong kong heads into a long weekend, the timing of a pboc announcement that the eligible investors can now start applying for that 71 plus billion dollar liquidity tool, four-star market investor. something that the governor had announced last month. that is what we are seeing in terms of sentiment boosters for chinese equities. the pessimist in me is thinking back to afternoon session of yesterday. think how quickly that stimulus speculation turned i

this is the eastern markets division which is asia-pacific and the middle east, and?omprises u.k., europe and the americas. the goal is to reduce costs against the backdrop of the bank facing lower interest rates, squeeze on lending income, and the ceo has wasted no time to make cost savings a priority. he's already reported recently that he's been cutting event spending and cutting travel spending at hsbc. on top of that, the sweeping changes. tom: some interesting changes in terms of personnel as well. the appointment of pam at cfo, what do we know about her biography? russell: right. pam will be the first woman to be cfo at hsbc in its 159-year history so that's a big milestone. she joined the bank about 10 years ago. her background is in accounting. she's currently head of risk and compliance. she's going to be tasked with this immense job of cutting costs. the cfo position is a very important position at hsbc. al hedery was the previous cfo. predecessors like you and stevenson. they were renowned for bigger cause cut drives. we will see if pam kaur can continue t

that concerns yes, by the name of those states that seem to be far away, the pacific region, the asia-pacificnd it would seem, where japan is. where belarus is, here, in my opinion, we still need to take these things very seriously, and this has been stated more than once, including by the head of the state security committee, today the republic of belarus, well, like the russian federation, they represent intelligence interest, everything that concerning the collection of information and data, this is the most important task today, why and it is important to understand, including the fact that any, even a remotely located state, well, for example, like japan. but which is an ally of the united states of america, and as you said, then australia will be all the rest, they definitely work for the american intelligence service, and the goal is one - the collection of information, you see, nothing has changed since the end of the second world war, forty-nine, remember yes plan drop, what is this for the delivery of nuclear strikes in our cities, including those with a population of over a million

about what will have to endure as a result of this war, whether it's what's going on in asia, the asia-pacific region, as a whole, or what's going on in europe, what's going on in the african, which doesn't get talked about very much what's going on in the middle east. there are many many fronts where we are on the brink war or engaging in new cold wars because of the decisions being made by the administration and neocons in washington. and they are not acting our best national security and they are not being honest with us. the negative consequences of their decisions. it's a it's a complex and one that should be treated with the nuance and complexity that exists before rushing yet another war that could lead to world war three and nuclear armageddon. okay, congresswoman we are incredibly tight with time. we have to through quite, quite a big book signing. we will take one final question. it is from one of our young patriots here in the back of the room. young man, what is your question. if trump chooses you as your will, you accept it or is there somewhere else think that you can help. i hav

from ukraine to the middle east to the asia pacific, africa and multiple stops in latin america. i've been so privileged to meet our incredible workforce in every corner of the globe often doing unseen and unsung work on behalf of the american people. in fact i return from every trip severely jetlagged but also incredibly inspired by our workforce. 80,000 foreign service, civil service and locally employed staff, at 300 locations working to bring peace and stability to difficult regions during a challenging time. i think about when i last spoke here at gw it was an event with then vice president biden more than a decade ago. i think about all that has changed in the world around us since that time and what remains the same. we still have threats from malign states and actors looking to overturn the post-world war ii architecture. look no further than vladimir putin's unlawful invasion of ukraine and his attempt to redraw boundaries through brute force with devastating effects for ukraine's infrastructure. we face the threat of terrorism as we witnessed a year ago with a terrorist

audrey long is a jean kirkpatrick enterprise institute and she focuses on the asia pacific issues and state craft and how authoritarian states like china shape political process in democracies, was she termed informational state craft and also assistant professor of political science and international relations at the university of southern california and her contribution to our volume is called china's economic and informational influence and activities and it gets to the question again, how, you know, china, but also implicitly i think to some degree the united states is competing in the space. can you talk about what you think some of the names and points that you want people to be aware of from your chapter are? >> absolutely. it's a privilege to be on this panel and to contribute to this volume. i do think, unfortunately, that you're thinking about the domains that china is increasingly focusing on in the last few years that the picture is somewhat less rosie to face the trend and trajectory that we're seeing. i think the possible that we can manage it and we don't have to overre