shery: our exclusive interview with the bank of korea governor. a quick check of the latest business flash headlines this hour. western digital shells file four point 5% following a report that hackers are seeking ransom after stealing 10 terabytes of data. hackers were asked for at least eight figures in exchange for not publishing the data, which is said to include customer information. the digital storage solutions provided disclose the breach but did not elaborate on the circumstances. hsbc is said to be planning to recruit 30 bankers to service india's ultrarich, seeking to fill the roles internally from staff within the country and higher wealth managers from rivals and independent firms. hsbc is looking to launch its onshore private banking service as soon as june. a delay and start dates for recent hires as accenture looks to recalibrate its workforce. a source told bloomberg the firm is offering signing bonuses to some people who start dates have been pushed back. the professional overseas giant said it would cut 19,000 jobs over the next

bank of korea governor lee suggesting five members still open to keeping rates higher and looking at n the back of other central banks in asia pausing on rates including the rbis. it is a risk on date for asia. yvonne: it is interesting. they said they are still leaving the door open for rate hikes by the bok. sensetime, gains evaporated on the back of them talking about their ai bought. but overall in asia it is a risk on. australian hong kong coming back from the holiday and seeking upside. one presented in asx 200. the dollar is mixed across asia as the facts. steels on cotton seeing some downs. yields are taking higher across asia and u.s. futures are punching higher. bitcoin above the 30,000 level. just adding to the 80% plus rally today. plenty more ahead. this is bloomberg. ♪ everything's changing so quickly. before the xfinity 10g network, we didn't have internet that let us play all at once. every device? in every room? why are you up here? when i was your age, we couldn't stream a movie when the power went out. you're only a year older than me. you have no idea how good you'

pick up from wall street we have seen strong trade in asian stocks after dovish signals from the bank of korea and the bank of japan. we have a ton to look out for on the data front and earnings front. a few things to highlight as we kickoff the program. the cpi report coming out tomorrow in the u.s. fmoc minutes and gdp data on thursday and start of q1 earnings the bank heavyweights delivering results on friday. wells fargo and bank of america due to deliver results we have chinese data and all eyes on washington, d.c. where the imf and world bank are holding the spring meetings. joumanna is there and she will bring us interviews from the forums. >>> let's break it down across the region we have green for the majority of reegions in europe. ftse 100 is .80% dax is trading .50% higher red on the board for the ibex 35 from the sector, an interesting split is emerging. basic resources and autos out in front. the china sensitive sectors performing well. we did get the chinese inflation data overnight which proves slowing of inflation data in the country. why is that a positive for the sectors? be

of major markets in the asia-pacific, three things. one is the fairly important central-bank decision out of korea.nto the open in seoul, we are on bull market watch. a confluence of things happening over the next few minutes or so. haidi: a confluence of things. that's what we like. market opens in sydney, tokyo, seoul are amongst us. this the crux of the theme for investors continues to be what central banks globally do from here, right? do they pause? do they think about pausing? and what sort of other economic and potential financial market surprises lie in store? we get those u.s. bank earnings kicking back on friday, and of course, our guest earlier this hour saying how potentially the banking crisis is not over yet. market opens are next. this is bloomberg. ♪ these days, our households depend on the internet more and more. families grow, houses get smarter, and our demands on the internet increase. that's why we just boosted speeds for over 20 million xfinity customers, on us. so you get more of the speed you need for day and night streaming. more speed you need when you're work from homeing

of the next hour alongside japan and korea. what else we are watching will come down to central banks in north asia, we will be watching the bank of korea. we do have a decision do under two hours from now, and expectation from 15 economists that it will -- the key bank will keep its rate at the correct percent. we are also keeping an eye on the yen, and that is largely unchanged this morning. we did see a lot of weakness in the yen against the u.s. dollar yesterday, and and underperformance that is expected to stay for some time. >> so much focus on the boj, let's listen to what the governor had to say during his inaugural press conference. >> given the current situation, i don't think it is necessary to reconsider the joint accord. of course, i think there is still space to have discussions with the government again if the economy and price situation changes can -- sick of kelly. -- significantly. >> let's get to garfield reynolds, who joins us out of tokyo. how do you read this? clearly he is treading very very carefully. >> i mean, you think of the way he was employed -- appointed, and the way his counterpart was appointed,

bank of korea will probably be looking at the status of their own financial institutions. tion to ease but the governor warned that the central banks were on prices is not done yet, talking to us in washington dc. >> it hasn't affected us very much directly because our exposure to silicon valley bank was quite limited. on the other hand, we are concerned whether it will be well contained. so far it looks good, but if it is not well contained, it can affect us. but so far it looks ok. >> south korea is such a different economy in the sense that it is so digitized. is that making it more challenging to contain those risks? >> actually this turmoil gave us a lot of homework to do. for example, it is much more developed in korea. the speed of the withdrawal in korea can probably beat 100 times faster than the united states. so i think we have to be prepared for this. for example we have had to increase the level of -- to prepare for this kind of thing to happen. it may be ok to disperse within a couple of days, but at this moment, it should be a couple of hours rather than a co

on tuesday we will find out if bank of korea will keep interest rates steady when it holds the monetaryuntry. south korea's central bank kept rates on hold last month causing a tightening cycle that started in august of 2021. mid week, we will be getting a read on us inflation for the month of march and we will also be looking out for minutes from the us fed's meeting last month when it hiked the cost of borrowing by another 25 basis points despite talks of a possible pause. take a look at food prices. according to the united nations was latest index, international food commodity prices dipped for the 12th consecutive month in muscles the index, released on friday, cited ample supplies, subdued employment, an extension of the black sea's green initiative as reasons for the decline. despite the positive trends, an analyst from the economist intelligence unit told me there are economies in asia that are still dealing with sticky inflation.— still dealing with sticky inflation. , . ., , inflation. yes, the countries that have — inflation. yes, the countries that have seen _ inflation. yes,

were watching on the economic calendar this week starting with tuesday, we will find out if the bank of koready when it holds its monetary policy meeting. the central bank cap rates on hold last month, pausing a tightening cycle that started in august of 2021. mid week we will be getting a read on us inflation for the month of march and we will also be looking out for minutes from the us fed's meeting last month. when in high to the cost of borrowing from another 25 basis points despite talks of a possible pause. i was talking about that little early. despite the increased cost of living we are seeing all of the roman people are still expected to be enjoying things out and short trips this easter weekend. however, many of the hospitality businesses, they will be visiting in the uk or have been visiting in the uk, i should say, are still suffering from severe staff shortages more than a year after the pandemic restrictions. reporter has been to the district to find out about some of the problems and possible solutions. these hands and started the deck this morning at 630 in here. but there was

on tuesday will find out if the bank of korea will keep interest rates steady when it holds its monetaryn central bank kept rates on hold last month, pausing a tightening cycle that started in august of 2021. now, mid week we will be getting a read on us inflation for the month of march. we will also be looking out for minutes from the us federal reserve's meeting last month. that was when it hiked the cost of borrowing by another 25 basis points, despite talks of a possible pause. lots of investors worried about sentiment when it comes to the us fed right now, because, of course, they are weighing whether or not the us fed will continue to raise rates and thatis continue to raise rates and that is making global sentiment certainly something on the minds of investors. despite the increased cost of living, many people have been enjoying days out and short trips this easter weekend. but many of the hospitality businesses they are visiting in the uk are suffering from severe staff shortages more than a year after the end of pandemic restrictions. peter ruddick has more. these hands started

of country. north korea, we do not know exactly what their economy is because they do not public figures about the central bank of korea estimates as a per capita gdp of $1300. there's a huge contrast. we are not there right now and i'm not been there since 2017 but life is incredibly grueling. they do not have heat. they do not have electricity. they do not have roads, medicine, clean water because the resources they have are pumped into nuclear weapons. it was heartbreaking for me to go between north korea and south korea as the ap bureau chief, as a journalists. in a matter of a day and to see -- to go from a country that looks almost worse during the war to a country like south korea vibrant, thriving. he realized north korea took a turn -- you realized north korea took a turn and i would argue a wrong turn people are suffering. because a desperation, they are going to hold the pencil hostage. they're going to find a way to use blackmail diplomacy to try to wrest concessions by using threats against south korea and his neighbors. host: how did they get their money? guest: when it comes north korea we could

then you look at the bank of korea and bank of canada. they decided to pause to wait and see what's happening in their economies and with inflation after doing summary hiking. where does the rba and up? that's what we will find out. paul: as if it was not complicated enough, opec-plus through another plate in the air on the oil price shock. how does that complicate decisions through the rba and other decisions? kathleen: if you are watching inflations, you know higher oil prices will be one thing to push oil prices higher and push inflation higher. a lot of traders are saying after cuts in production, look for $100 per barrel oil. no surprise people are wondering , gosh, maybe everyone will have to act more forcefully. the st. louis fed chair was asked about this question. he said it is still open to question what the impact is on inflation and policy. >> this was a surprise, the opec decision. whether it lasts is another question. oil prices have fluctuated so it is hard to track. some of it might feed into inflation. kathleen: oil price

sit back, follow the path of the bank of korea or the bank of canada.their door open to rate hikes. but for now, they wanted to wait and see what happens. presumably, another thing that they are going be waiting and watching to see is exactly what happens with oil prices, exactly what it does to all of these things that we just talked about. you are not going to find that out overnight. does it raise inflation excitations? does the oil price stay as high as it is? or do we see a global slowdown that even with these opec cuts starts pulling the price back down again? you know at citicorp they were saying that that was one of the reasons they made these cuts now, because they could see a fundamentally weakening market and that is something that is going to press prices down in the other direction. haslinda: more questions than answers. bloomberg's global economic and policy editor, kathleen hays. thank you so much for that. now let's get back to the markets and bring in our guest. strategist at bank of singapore. good to have you with us. higher oil price

bank of korea today we are watching for a note that will come out on the impact of china's reopening's the big focus for age and investors this week. gdp data coming out tomorrow and the expectation is for growth to have risen 3.9% in the first quarter but still traders are looking for clarity on the health of the reopening on the mainland. elsewhere in australia with the focus on improving trade tensions between beijing and canberra and the trade minister in australia's government and for you saying he is optimistic the punitive trade sanctions imposed on a range of sectors will be lifted by years end and meanwhile brent crude is holding the fourth weekly gain and a lot of concerns playing into the prices around the tightening outlook. shery: our next guest says the best place to be is the defensive sectors. where opportunities are. who could be the outperformer's that have not done very well in the last few months? >> it's a great question and i have been wondering why it has been the case that sectors like health care or staples or defensive technology have lagged a very narrow gr

this after the bank of korea kept this in schmuck interest rate steady at 3.5%.nt numbers for south korea at 2.7%. also seeing upside on the asx 200. the aussie among the best performing g10 currencies given we saw strong consumer confidence numbers this week. kiwi sticks are also on the up -- kiwi stocks are also on the up. yvonne: bloomberg intelligence says chatgpt is likely to deter alibaba and netease. let's bring in number intelligence senior analyst catherine lim. should the tech board probably be concerned about beijing's goals and applications when it comes to the growth outlook follow these companies? katherina: when we look at the pipelines, there were not so many surprises. i think with the new guidelines that come in at this early stage of generating it i applications in china, that is room for firms to fine-tune their development. and maybe integrate some of these applications on their existing platforms. shery: what are we seeing from those platforms in terms of chatgpt-like capabilities. how will alibaba's compare to baidu's for example? catherine

the bank of korea could be one of the four central bank's and asia to start to cut rates -- banks into cut rates. inflation fears are running high in the u.s. we will be watching netflix, linkedin. a quick check on australia -- very earnings focused, looking for more clarity and the outlook. the vix, dropping down below the 17 level. star entertainment has brought up its flagship said in a casino for review. haidi: shery: let's bring in our next guest who is overweight on equities especially outside the u.s.. with us now is the chief investment advisor at the bnp paribas wealth management. but to have you with us. -- good to have you with us. we are seeing revenge consumption coming into play. if you like china, what are you looking at? a shares? what part of that market do you like? >> actually, we like both, a and h. we have been seeing a lot of investors that are still cautious. but i think this is actually good, to know people are still cautious and we jump into markets before everybody goes in. i think for now the chinese market is still far from private. with a better than expe

some headlines out of the bank of korea have in talking about how the reopening in china has been affectingaying it has produced limited gains in the economy. orders from korea. consumption is rapidly recovering. also talking about structural factors. likely to limit the effect of the economic recovery. economist expouth korea's exports to improve in the second half. yvonne: it is interesting they came out with this statement. i think the synopsis is it has limited economic gains for the country. is it more of a domestic story, this reopening more than anything? you are starting to see the external demand picture is also questionable. there is a jump in china exports. in korea and taiwan it is a completely different picture. continue to see some steep declines. we will continue to watch that from the bureau pay. rishaad:rishaad: we are looking at how the yuan will play into it. vonnie quinn is in new york with the first word news. vonnie: the pboc governor says beijing has largely entered regular foreign exchange intervention as it pursues a policy and enhancing the ease-of-use of the u.n.

and, of course, we are glad that today the national bank is pursuing such a policy of reducing funding in korea. this is very important to note in such difficult economic conditions. and therefore, this is once again confirmed by the policy that is being pursued in our country by economic policy. she is absolutely justified. it's really. in fact , it is very interesting, because the belarusian rate is reduced literally once every 3 months in the banks of our western partners. it rises once every three months, that is, well, it shows how sanctions affect whose side they play. well, i think, you see, the belarusians were able to make sure. in 2020, everyone was worried if such were once again focused on this, that if it weren’t for the twentieth year, it really would have to be invented in order to see who is who and whether we are developing correctly in terms of the economy of the social direction in our country, and we see that our policy. she is absolutely justified. it is directed at the person. and we see this result, the head of state came up with an initiative to end the war in ukraine an

that means there is a slowdown in terms of the export centre in korea — a vital part of the green economy and can at the central bankslowdown? that was mr evans speaking _ engineer a slowdown? that was mr evans speaking to _ engineer a slowdown? that was mr evans speaking to me - engineer a slowdown? that was mr evans speaking to me a - mr evans speaking to me a little earlier. in other news for you this morning, a federal jury for you this morning, a federal jury in the us state of san francisco has ordered ev manufacture at tesla to pay $2.2 million to a former employee. it was found to have failed to prevent severe racial harassment at its flagship plant in california. hollywood actor leonardo dicaprio made his appearance in a us court on monday to testify in a trial of a member of a monday to testify in a trial of a member ofa hip—hop monday to testify in a trial of a member of a hip—hop group, the fujis. he is facing criminal charges for funnelling money to influence us politics. mr lowe is accused of looting billions of dollars from malaysia's sovereign wealth fund. and the french cosmetics group loreal has st

of rate hikes and bank shots. we get first quarter growth figures from south korea. friday, new boj governor ueda will deliver his first policy meeting as investors watch for any signs of tweaking or scrapping of the bank's yield control stimulus. other economic data to note our ppi numbers from japan, china was industrial profits and industrial production numbers from japan and south korea. haidi: our next guest expects asian central banks to respond to their own economic cycles and not have to follow the fed. joining us now is a senior economist for emerging asia. let me start up with japan, because that is a big focus when it comes to investors, and it is best intimate we see some speculators placing bets we will see adweek a policy from the new governor. does the fact we have seen elevated inflation readings, the situation when it comes to the bond market really support that possibility? >> certainly, but it is too early. he just started the job. the government is doing what they came through fiscal policies to keep the lid on inflation. the pressure cooker is th

of mexico, mexico is more north america. it is not verging. -- emerging. markets are emerging? south korea, poland. tom: it was wonderful speaking with the governor of the bankht, this idea that emerging markets are not homogenous. damian sassower of bloomberg intelligence. it is spanning the globe. lisa: it is leaking in the trade data that we get to this idea that if you do not get a commodity boom from china reopening, that is suddenly a green light to rate cuts in these other markets. it shows the interconnectedness. tom: we will move on they want to first apologize. some descent, are you ok? i was like, everybody has its plight in this cold spring. i have got my transfusion. i am going to go home and go to bed and hopefully it will be better tomorrow. lisa: hope you feel better, tom. lisa: -- tom: i have got it. we are fighting our way through it. lisa: we are not earning much from bank earnings other than we have not seen a us of crisis emerge. i am curious about when we start to shift focus to other earnings. taiwan semiconductor manufacturing company for example. what we get in terms of the ongoing demand for some of its items that have fallen off in

bank of japan. we are higher. firmly in the green. in south korea, the kospi is fractionally higher. in terms of u.s. futures, we are pointed higher for the s&p 500. we are turned around for the nasdaq 100. it is very early going in the session. let's look at where we are trading with oil. we are higher once again after an up week last week. brent is up about the same. bitcoin up another 7/10 of 1%. it is training in the u.s. monday morning in asia. markets are closed today in australia and new zealand and the philippines and hong kong. they will reopen tomorrow across much of asia. this is bloomberg. ♪ david: this is my kitchen table and also my filing system. over much of the past three decades i've been an investor. the highest calling of mankind i often thought was private equity. and then i started interviewing. i watched your interview. i learned from doing my interviews how leaders make it to the top. >> i asked how much he wanted, he said to 50, i did not negotiate and did no due diligence. david: you don't feel inadequate because you're now the second wealthiest man in the world, is that rig

of rate hikes and bank shocks. we will look at first quarter growth figures from south korea. friday the new boj governor will deliver his first policy meeting as investors watch for any signs of tweaking or scrapping of the bank's a control stimulus. other economic data are ppi numbers from japan, china las vegas industrial profits and industrial numbers from japan and south korea. haidi: in the u.s. big tech earnings will have a dose of reality falling impressive gains across the sector powered by ai, and analysts are expecting tech profits to register the biggest drop since 2009 with the businesses curbing spending on software, cloud, and advertising services. vonnie: our next guest says the u.s. market is currently pricing in one more fed rate hike with cuts coming in year's end. franklin templeton it investment solutions head up sustainable investments and portfolio manager kim strand. why is the market so disbelieving there will not be eight pivot? >> thanks for having me. at franklin templeton, i am part of the investment solutions team. i will speak to many markets, bu

slowdown in the first quarter of the year even in the face of rate hikes and shocks on the banking side of things. gdp numbers from south koreathing which is anticipated this friday. it is the bank of japan governor kazuo ueda delivering his first policy meeting, watching for any signs of tweaking of the ycc. yvonne: he is live in the parliament right now talking abed underlying price pressures. he said for the boj to outline policy if inflation hits to percent. we have seen that in the last few quarters and it remains above 3%, zahra toby a key question of how sustainable this has to be for the boj to shift more into normalizing policy. we will watch for price trends to set monetary policy and they continue easing for the price outlook. we expect cpi to start slowing down. rishaad: earnings are the key here, and u.s., we have got a slew of them. big tech. alphabet, meta, intel, snap. apple coming out on may 4. we have a lot of impressive gains in this industry grew been a lot of excitement surrounding ai. it is the biggest drop since 2009 with businesses curbing spending on software cloud. yvonne: tech is the new ai play, or

that the news about american submarines with nuclear warheads off the coast of south korea was met with extreme denial in china. bank cashback 20% for purchases in supermarkets with a free alpha-bank credit card order a card today and we will instantly deliver it to anywhere in russia. do you know that you can use mobile connection is three times cheaper than 25 gb of internet, as well as unlimited music. left right up down look at your phone screen. see, app, tier. no, download the social network tier has hit its cool apples. immediately airport unlimited access business lounges increased cashback increased interest on the savings account, discover rosbank premium real opportunities. when best friends meet in a soulful atmosphere and fragrant yellow rests? you need a loan for what to master the business. what are endless? we are russia is working, any specific any specific goals. bring documents bring online without papers solution in 5 minutes fsb bank for business verified video smart tv haier for 49.99 m. make out osago savings on the number one service in russia if you have insurance, then be sure to compare it

while stressing the importance of peace and stability in the taiwan strait at the same time the country the seven condemned north korea ballistic missile snacks. the bankt on the purchase of foreign currency, but not for individuals, but for companies that buy foreign business further. the ministry of finance of the central bank is going to develop measures that should calm the ruble exchange rate, according to the vedomosti newspaper, the authorities want to impose a limit on the purchase of foreign currency on the domestic market in cases where companies buy out russian businesses from foreigners entering from russia that such measures are being discussed was confirmed to the newspaper by the director department of financial policy, ministry of finance ivanovich peskov, he clarified that this mechanism is not tied to a specific amount. he also reminded that on major transactions, the ministry of finance has already introduced the conditions for buying foreign currency since the end of march, the dollar has risen in price by 4,500 rubles. euro by six, and many analysts, as one of the main reasons, called the outflow of capital, for example, the britis

south korean presidents on bell, a new nuclear deterrence plan in the face of threats on north korea. another blow for us banking a 2nd day of falling shares for a commercial lender, thieves nerves on edge, and no pain, no gain action from the n h l including a player who scored a goal with his face. ah, now with mystery, there is a fair amount of cloud of europe at the moment. you can see it, but not everywhere, as affected by what appears to be rather cloudy, and possibly cool weather, particularly in spain. where as you probably know, if you been watching the news, the something of a building heat wave are already yesterday in called were dan and harris and across the water. in tangier, all these 3 temperatures are new april records, and this is just the start. it last a few days, particularly in that part of spain on the north west of africa, including danny manor cache, which should be round about middle twenties and i will not $41.00. so this is a hot area. now admittedly, it's probably got to generate a bit of cloud, but not very much. the significant weather is certainly elsewhere and has been for a day

economy, the ministry of finance and the central bank and other international topics . still haven't received them this morning us secretary of defense catches austin went to south korea will be assured that most of the outbreaks on the internet, papers, allegedly fake, however, they believe in an unreliable partner. not all the details are in our material. an investigation was launched under the suspicion of 1,000 people, but the american authorities do not have the slightest clue about who could be the culprit, sensational leaks, and there is no certainty that new secret files will not surface on the network to recognize the authenticity of documents. washington refuses. although they recognize all this glue, indeed, this information is classified data has nothing to do with open access. she has nothing to do. on the front pages of newspapers or on television. it is not intended for the public, while the white house emphasizes that no leaks will affect kiev’s military support for supplying american weapons to isa plans and furthermore actively presses on nato partners demanding to give ukraine even more military equipment and ammunition . - due to scandalous leaks o

brazilian president take the helm of the china-backed new development bank, a china -- a coalition of the bricks nations consisting of brazil, russia, india, china, koreah africa. >> i would like to emphasize president lula's efforts in these meetings with companies and the government to intensify feasibility studies on re-industrializing brazil in partnership with chinese capital, which is available and which see south america as an opportunity to create a platform for its products for local markets and for exports. >> fredda brought highly anticipated earnings reports from several top u.s. banks. they are seen as a result of how the u.s. banking sector overall is faring after several failures of banks last month. profits at america's largest lender up some 52% of the quarter. higher interest rates help bring in more cash at citigroup and wells fargo, and each also beat analyst expectations with revenues in the 21 billion dollar range. profits at wells fargo up some 35%. those results boosted bancshares on wall street. j.p. morgan chase was up around 7.5%. major indexes, though, lost ground amid investor fears of an impending slowdown. the latest data

of the 2 korea. north korea is just a little less than 2 kilometers away across the han river on the opposite bank. groups of workers clearly visible and beyond them, fields and farms for south koreans and the growing numbers of tourists coming here . a glimpse of a society even more isolated. after several years of the corona virus, pandemic defectors and families displaced from the north by the war, live in many of gung while counties towns. now 83 kwan gray ha was brought here is a 10 year old and doesn't know if he has any family left to car. finally, we have a nephew here, but i don't know if any relatives are still alive in the north. the influx of so many displaced families probably makes these communities more open to visitors, says businessmen, choice song whoa, whose father was a refugee organ on more than one to recall the villages welcomed the refugees and gave them a home. it's a cozy place that has no problem with visitors. the creation of these piece trials began during the period of summer diplomacy several years ago, but was interrupted by fears of spreading swine flu and then cobra 19. a

central bank has recently a non steps to move away from the green bar and keep the yield of the turkish lyric . the nominated government following the significant move on korea is also encouraging commercial banks to refrain from large dollar holdings. china and malaysia. meanwhile, are weighing a potential asian monetary fund as a contra balance to the dollar dominated international monetary from saudi arabia said in january, it's open to discussing oil trade and currencies other than the dollar move with enormous geopolitical economic consequences. so why is this all happening? well, the secretary general of the asian merge forum, a cooperation grouping of the continents major cities, listed 3 major regions behind the evaluation of the dollar over the past 30 years or so. first, the, the financial crisis cards in 2008 and it was the one which many countries, especially you can do. and all the countries where one way or the other connected to the dollar system. the other one was the curb. the currency, which was out of the hands of the americans and again, the $1.31 which i consider that as the most important one is the use of the united states from the dol

led to the biggest crisis of confidence in the banking sector since the 20 away to financial meltdown. still, i had an al jazeera, a stalk warning from the system of north korea's leader, lots of nuclear to turn the steel between his soul and washington. and poverty, public services, i'm corruption. we look at the issues facing pa, to clients, and they head to the polls on sunday. ah, those is in paris. why are electing a new president on april, the 30th foreign policy matters in the fight against corruption, have dominated campaign? the governing party has been in power for more than 60 years. could this be the moment your position had been waiting for? follow the paraguay elections. this month on al jazeera with freight companies, fake passports, international banks, and the proceeds of organized crime in tampa. his baggy p a lay valenzuela order for money, both of yoga female fiction. a result is like in a remarkable 3 part people empower investigation into a complex, secretive world. 2 journalists go in search of the italian mafia is dirty money, launderer park to on a jessia. ah ah. once you just need a reminder of our top stories, this are there are repor

of confidence in the banking fact. since the 2008 banking crisis. a multinational tobacco company has agreed to pay $635000000.00 to the us state department to settle allegations of illegal trade with north korea. british american tobacco released a statement saying the settlement concerns fails during a decade from 2007 onwards. such styles are in violation of economic sanctions against north korea. still ahead on al jazeera, dozens of countries support the lifting of international sanctions on venezuela meeting in columbia. and will tell you about the russian dances looking to break into the paris then pigs next year. ah ah, a there well parts of western australia recorded not only their coldest, but also what a staple day him more than 30 years now that system is swinging through the bite, generating some showers for the se. it's also kick and down temperatures here as well as so some big changes in adelaide. things will get even cooler. as we head toward friday, off to new zealand, we go out much to report plenty of sun in the forecast. at times we're pulling up air from the south, so that means temperature is across both islands. here are below where we would like to see them for this top

bank of japan. also payrolls in the u.s. came in as expected and the average earnings raising 3%. markets taking souls from those numbers as well. in terms of south korea's market, the kospi is up nine cents of 1%. futures are unchanged at the moment. earlier they had been higher for s&p 500 futures, lower for nasdaq 100 futures. we will see how that continues. the dollar index is unchanged. light trading at the moment and the holiday still in hong kong, australia, new zealand and the philippines. i am vonnie quinn and this is bloomberg. david: this is my kitchen table and also my filing system. over much of the past three decades, i have been an investor. the highest calling of mankind i thought was private equity. [laughter] then i started interviewing. i watched your interviews. i know how to do interviews. i have learned from doing my interviews, how leaders made it to the top. >> i ask how much. he said 250. i did no due diligence. david: and how they stay there. you don't feel inadequate being only the second wealthiest man in the world. is that right? the first african-american, in the united states, to become a billionaire was bob johnson, he did

of korea cafe. it says agreement on delivery of cash funds for investments. so we have a per 1st party which has money left, honestly limited, and deutsche bank. and these 2 companies, our gateway capital and t t. i s investments hong kong in the company registry. it says that my team bar is registered under your name. yes, this is supposed to be, you know, the name by the name is different this lawn, my friend called me and informed about simulate agreement, not the swan for food, latino sign from the marine, but company with my boss. but that's how i find out that my passport was yours for fake. it is interesting paper. i never seen this before, because this, this company, it belonged to this slower than privilege. only a 3rd wish had my husband's copays. according to the hong kong companies registry, the company owned by slobber, mental, but yet here, yes, investments. hong kong was active from november 2016 to november. 2020 father said that he entered each one's business park. and that's probably how the latter obtained these pass for who was this global done to bridge his doctor medical note. it is not based on which is a from the state.

of confidence in the banking sector. since the 2000 and the financial crisis. a multi national tobacco company is agreed to pay $635000000.00 to the us state department, the federal allegations of illegal trade with north korea. british american tobacco released a statement saying the settlement confirmed sales during a decade from 2007. such sales are in violation of economic sanctions against north korea. at least 57 people of di officer, 2 boats carrying migrants sank in the mediterranean. they were found off the libyan coast aid workers, se dates, but more bodies found in the coming days. the international organization for migrations says more than $400.00 migrants refugees of ground this year, trying to cross registering in north africa to europe. not china has more from saucer. libya has long been a transit hub for african migrants trying to reach a pinch worth. what we saw from authorities in western libya was 11 bodies were discovered including a child that washes for in the, in the city of a woody, which is just a bit west of here. and in the last week, at least, $46.00 bodies washed ashore in the city of the products, which is to the west of tripoli. so just goes to show the, the dangerous journey

of this country . enforced korea's declaration policy the south states to refrain from sending any weapons to ukraine . following the recent armed attack on a bank in the state of kentucky, the number of victims of a mass shooting in the united states has reached 209 people. in this shooting, at least five people were killed and one person was injured, according to data from love and gun violence in the united states in the same period of 2022, 145 and in 2021, 165 murders have been recorded in mass shootings. also, according to the announcement of riots and gun violence, more than 11,500 people have been killed since the beginning of the year. gun-related incidents including manslaughter and suicide in the united states another 8800 people have lost their lives and were injured by weapons. the zionist regime's aggression against the palestinians has intensified. let us see from al-mayadeen network the sanctions that the zionist regime imposes against the palestinians and what the ramazan khan facility and the extension of the closure of the entrances and exits of the west bank until the end of the jewish passover announced on wednesday, the dec

of the 2 korea. north korea is just a little less than 2 kilometers away across the han river on the opposite bank. groups of workers clearly visible and beyond them, fields and farms for south koreans and the growing numbers of tourists coming here . a glimpse of a society even more isolated. after several years of the corona virus, pandemic defectors and families displaced from the north by the war, live in many of gung while counties towns. now 83 kwan gray ha was brought here is a 10 year old and doesn't know if he has any family left to car. finally, we have a nephew here, but i don't know if any relatives are still alive in the north. the influx of so many displaced families probably makes these communities more open to visitors, says businessman, choice song ho, whose father was a refugee guy organ on more than one. to recall. the villages welcomed the refugees and gave them a home. it's a cozy place that has no problem with visitors. so when you people, the creation of these peace trials began during the period of summit diplomacy several years ago, but was interrupted by fears of spreading swine

south korea will release gdp figures the january to march quarter on tuesday followed by the united states on thursday. and on friday the bank ofapan will wrap up its two-day policy meeting. it will be the first time the new governor comes out with a policy decision. so this week's featured biz pick is the boj policy meeting. ueda has stated he'll continue current monetary easing measures until there's sustainable inflation of 2% accompanied by wage hikes. so when might ueda change policy? former boj policymaker who used to work with ueda says there are two points that might be telling at the coming meeting. the first is whether ueda will signal a change in its yield curve control policy. known as ycc it's one of the ways the boj is keeping long-term interest rates low. >> translator: ycc had side effects such as des torsions in the bond market. however, if that happens and long-term interest rates rise it's likely to increase borrowing rates for housing and smaller size prices. i think the boj will find that difficult to tolerate in the current economic climate of uncertainty. >> for these reasons he says we won't be seeing an

bank has denied any liability. one of the worlds biggest cigarette makers, paying $635 million plus interest to use authorities after a subsidiary admitted to selling cigarettes to north korea the top of the hour, so dojoin us if you can. thank you so much for watching. it was a bit of a shack, really, because i thought i was going to be there forever, because i loved it there. but you've got to make the best of things, i suppose, you've got to make the best of things, isuppose, van you've got to make the best of things, i suppose, van life is my life. i sold everything in my flat and blocked this. my van is an ex airport to transport vehicle. extend 392,000 miles. it's quite well—equipped, but a lot of it i can't use unless i'm plugged in to a camp site. the cost of living is just ridiculous with the gas going up, the electric going up. the more i live in my van, the more ifeel free. i decided to document my life in the van on tiktok. overnight, itjust went mad. the best thing about living in my van is having a cdo living in my van is having a cd0 every day, if i want to. cdo every day, if i want to. people can pay £1 million for a house with the view that i can wake up to

topics for us here . the right bank of the russian car is further alinochki, what do you want to have bastards tricks and i see a full kobzda for a rag iran, syria and north koreal become our brotherly nations, you will not only have a hand everywhere , we are a free country of free people, a country where different religions coexist freely nearby, where they celebrate ramadan, passover and the holy resurrection of god, where human freedom, freedom of religion are enshrined in the constitution and protected by law, where the full-time chaplain is a clergyman, a psychologist and a reliable brother, we are a country in which the spiritual front is as strong as the fighting spirit, where they pray for peace and they bless the country in which human life is valued above all else and we will stand and celebrate the victory united together with faith in our hearts sometimes they told me that every day is a difficult day because it is a captivity when they were given they started to hate us and we even realized that the more they start beating us there, the better things are for our military in advance, which means they are winning. heroes are not born because you are

because central banks pulled up a mandate regarding inflation and not growth but when you look at the region you look at some of the region you look at some of the emerging markets like koreatands out because there's a slowdown in terms of global growth which means there is a slowdown in the export area for korea.— is a slowdown in the export area for korea. that was deep reverence _ area for korea. that was deep reverence therefrom - area for korea. that was deep reverence therefrom state - reverence therefrom state street global. speaking about the situation in australia and the situation in australia and the broader area. other news this morning, a federaljury in the united states state of san francisco has ordered the manufacture of tesla to pay $3.2 million to a former employee after he was found to have failed to prevent severe racial harassment at its flagship a semi plan in california. the french president emmanuel macron and the president of the eu commission will leave for china later today and they are expected to arrive in beijing on wednesday and i do to meet with president gg ping and other top chinese officials. 0ur other top chinese officials. our business

korea and the u. s. is ready, forces have arrested 5 palestinians in the city of janine and the occupied west bank during a series of armed rates. one of the houses that was rated belong to a man accused of carrying out a shooting attack on the boss, the jordan valley in december last year. and those are your headlines, as always, you can catch up with all the news. if you had over to al jazeera dot com stream is up next day. with us. talk to al jazeera, we ask who is really fighting this rule for russia, or is it wagner? or is it the russian or military? we listen, we started talking to me on my own, so that this via your citizen, you shock to get him back. we meet with global news makers. i'm talk about the stories that matters on al jazeera. they're there. i'm josh rushing, a welcome to the stream. it's been 2 months since devastating earthquakes and syrian turkey killed more than 50000 people and displaced millions on the front lines of the disaster were humanitarian workers themselves, where they're both living through the trauma and the loss and destruction while also working to provide life saving

banking crisis. korea slightly lower but really the dollar took a bit of a retreat overnight so you are seeing strength coming back into the again. a lot of anticipation with the swabs and what to expect from the boj next week as well. also, when it comes to bonds, you saw yields heading down and holding onto those gains on the back of what you mentioned. softer job claims numbers. starting to see softness in the labor market. maybe that is enough. rishaad: you mentioned japan and a lot of people position themselves as something to change this time around. next week it really would be something. it is difficult to manage trying to get out of the yield curve control and we saw that in december. it was 25 basis points and it went nuts. yvonne: i think with corona there were some fireworks. some who know you eta is that he is a pragmatist and i don't think he will do anything on his first meeting right? rishaad: he might want to just set a stool out and say i am here. i'm not here to shopping. rishaad: the vix is at a 17 month low. the volatility of the vix is actually diverging and picking up. maybe thin

korea cafe. it says agreement on delivery of cash funds for investments. so we have a per 1st party which has marine buffet honestly limited and deutsche bank. and these 2 companies, power gateway, capital and t t. i s investments home. com in the company registry. it says that my team buy is registered under your name. yes. this is supposed to be, you know, the name by the name, isn't it different this lawn, my friend called me and informed about similar agreements, not this wonderful source to trillion signed from this murray mac company when i pass. but that's how i find out that my passport was yours for fake. it is interesting paper. i never see this before. because this, this company, it belong to this slower than through which only a 3rd which had my husband's copays. according to the hong kong companies registry, the company owned by slobber dental, but yet yes, investments hong kong was active from november 2016 to november, 2020 father said that he entered one business partner, and that's probably how the latter obtain the passport who was this global done? probably average his doctor had it or not. it is not based on which is a fr