betty: earnings season, as we know, kicking into high gear now. this is bloomberg. ♪ now. this is bloomberg. ♪ paul: i am paul allen in sydney. betty: via bettyn new york. you are watching "daybreak: australia." rallying to the highest level in more than three months. bond yields -- i left a week ago, and we were not even talking about this. that might cause a problem here for earnings. reporter: we were really hoping it would be picked up behind the 3%political tension, then showed up this morning and sort of crashed the party. questionsing a lot of about earnings going forward, whether they could be erosion there. when you think about it going higher and continuing to stay higher, we had earnings growth situation,nd in that we would have to reevaluate capital spending, investment, obviously stock valuations. if you think about the earnings season so far, it has not been great. not embraced stocks, consumer investments fell on her face, energy did so-so, industrials did well, but you are not seeing industrials embracing, so that leaves tech as sort of the big sector to maybe pull this off. betty: paul has some breaking news. to interrupt you

betty? betty: a lot happening on your show. this is bloomberg.e xfinity store. i can tell you about... streaming the most free tv shows and movies on the go. yeah, and... xfinity internet. it's so fast! and you can save by... by getting up to 5 mobile lines included. whoa, you're good. i'm just getting started. ♪ simple. easy. awesome. come see how you could save $400 or more a year with xfinity mobile. plus ask how to keep your current phone. visit your local xfinity store today. ♪ markets asia-pacific ,liding, tech and industrials the 10 year yield hitting 3%. global construction stocks april weather for global growth. indicating weakness ahead. one tumbling the most in five years. a sale at $64 billion. in hong kong, i am rishaad salamat. >> i am live at the china auto show. we will be speaking to the ceos of

betty. betty: that's right. the latest selling. 7:30 p.m. monday evening in new york. markets were going to close much higher but stooped at news of the fbi raid on the longtime presidential lawyer to the president, michael cohen. i am betty in new york. yvonne: i am yvonne man in hong kong. you are watching "daybreak asia ." first word news with jessica summers. raided the fbi had offices of president's longtime lawyer, michael cohen. they seized documents after robert mueller applied for search warrant. he has been a key figure in a series of legal issues. he paid $130,000 to stormy daniels over an affair she says she had with trump. made the payment without the president's knowledge, using his own money. pres. trump: it is frankly a real disgrace, an attack on our country in a true sense, an attack on what we all stand for. when we saw this, i heard it like you did. a whole new level of unfairness. reports from china say alibaba chairman jack ma is prepared to abandon his commitment to create jobs in the u.s. if the traits that worsens. china's news service growth he made this thread on the sidelines in hainan. the boss met the president in january of last year. he said he planned to boost retailers across the u.s. to

betty: good morning. i'm betty liu. haidi: i'm haidi lun. you are watching "bloomberg daybreak: australia." a quick check of the headlines, one of cbs's biggest investors has written to the board saying that they should only proceed with a deal with viacom if the terms can be agreed. by come wants the cbs team to lead in a combined company and for cbs to be confiscated, if that is not have invaded it also says the merger -- does not happen. bettyunder and largest shareholder of noble group pushing creditors for a new restructuring deal. richard ellman resigning from the board last month, over what were called differences of opinion about the future of the company. the group would hand control to creditors, all but wiping out equity investors. elman want to shareholders to have 15% after any deal. haidi: uber going into the bike rental industry with $100 million in cash to jumpstart the deal. it already has approval to operate in san francisco and has agreed to integrate its service into the mobile app. the ceo says that he aims to work with other bike renters as well, but declined to say with a means to the multibillion-dollar losses for uber. is in focus in san francisco. we go to our first guest, the ceo of citi fintech. >> thank you. hello from san francisco. i am here with the ceo of citi fintech, only at the head of the company for the past year, but i think you would consider yourself a lifer, because you are really cele

this is bloomberg. ♪ betty: this is "bloomberg daybreak: asia." betty: yvonne: i'm bettyours. rish, what are you watching? rishaad: bank of japan starting off the two day policy meeting. we will see if there are any nuances. kathleen hays is going to be talking in about 40 minutes. the chip, what is going on with the chip business? right andg it is all some saying it is going off a cliff, the effect from last week. analyst ink to an just over an hours time, hour and a half, getting his views. what does it tell us fundamentally about what's going on smartphone-wise? is this smartphone craze drawing to an end? let's have a look at the commoditization of this energy group. we are getting views as to what has the 3% handle on treasury yields meant for em currency in this part of the world. who are the beneficiaries and who are the losers? we are going to be finding out. there you go, a lot going on and there is a lot of news, too. betty: a lot, as usual. before we hand over to you, a quick look at how the markets are trading right now. the boj meeting starting today. ,he nikk

betty: i'm betty liu in new york and you're watching daybreak us try a. the new york fed getting a new boss. it john williams replacing bill dudley, becoming one of the officials inwerful the federal reserve system. our global economics and policy editor kathleen hays here with more. was controversy about john williams and rumors about him becoming the president of the new york fed. >> he is. a big bill in reserve system and something that people are watching for any influence it may have on policy because the new york fed has selected san francisco fed president john ym's to replace bill dudley. bill is retiring this summer and rumored that john williams was in the running. we now know he certainly was. let me remind everyone why the fed's position is important. first among equals. among the presidents 12 rotate devote every year.

betty little. liu. after -- betty

betty: i am betty liu in new york, where it is just after 7:00 p.m. wednesday evening. mission accomplished, mark zuckerberg survived a two on capitol hill. even critics retain their doubts on the company. some of government actions could be justified. ♪ betty had the fed minutes, tensions in the middle east, and u.s.-china trade lurking in the background. what came up later on in the afternoon, markets hearing the hawkish tilt in the minutes. let's quickly look at how the markets ended today. deep in the red, but not as bad as we saw earlier in the morning. 0.5%, the dow losing 219 points. the nasdaq down 0.4%. we mentioned rising tensions in the middle east, president trump tweeting out he would take action against syria after the suspected chemical attack. then there is word perhaps there would be more level minds about how to respond to syria. that reassured markets a little. oil prices spiking up. the treasury yield interestingly enough, yield coming down just a bit. gold tilting down 0.3%. a flight risk off sentiment as you are opening up trade. .vonne: certainly watching dollar ruble, dollars lira on the move. there is no clear strategy. we are down 0.3% on the nzx 50. the kiwi holding at .7360. trading in australia under an hour awa

betty: president trump delivering and easter message to abandon the dreamers and dump nafta. fori: australia's plans russian expulsion say moscow's decision is completely unjustified. betty: we enter a new quarter with volatility on the rise. the s&p and the dow saw their first three-month losses in 10 quarters. hello from sydney where it is past 8:00 a.m. this is daybreak australia. it is past 6:00 where you are in new york. bettythat is right. we are looking at all the action of wall street playing into the asia-pacific trading day. there is easter, we wrapped up on friday ahead of the holiday weekend. a better mood for the bulls, but this week will be a lot on the agenda for investors. we mentioned headlines, looking at the terrace. we have economic data and, we will want to the volatility. the has been more important in some respects than watching economic or geopolitical news. haidi: it has been a tumultuous first quarter to put it mildly. if you take a look at this damage report in asia, the asia-pacific falling for the first quarter in five. we had this. .- we had this calm we had to brace for the volatility. one thing i am watching is the chinese response to u.s. tariffs, over 100 u.s. product with the tariff treatment changing. betty: let's remind viewers before the holidays where the market ended on friday. we did see green across the board, a color not often seen these days with the volatility. adding

betty. betty: pretty ugly indeed. 7:30 p.m. monday in new york. the snow melted off your the gains in the market also melted off. just declines here. , 2%. i am bettyn new york. yvonne: i am yvonne man in hong kong. you're watching "daybreak asia." first word news with jessica summers. jessica. sophie: u.s. manufacturing expanded at a slower pace in march. terrace helped with the materials prices to a seven-year high. 59.3.dex at that is below forecast. lowest slipped to the since august. the prices paid index rose for a fourth straight month to the highest since april 2011. an. based harbor energy made improved offer for australia's number three producer. the bid is worth $13.5 billion aussie. they granted harbor due diligence after receiving a new offer. was a major casualty of the oil route, falling at a 248 two years later. shares have been suspended since thursday. the bank of japan is offering a rather negative view on cryptocurrencies. the downbeat q&a for those seeking information. -- whether profits can be made. boj governor haruhiko kuroda expressed apprehension about corrupters. it could destabilize financial markets. are said tomakers h

people worry about cyberattacks on the electric grid we saw what happened to sony betty betty has read about the virus war will be closer to home as we have seen and others will have the same technologies that we have so now it is fairly obvious countries like china some machines in some form will watch over us i worked in a place for there watching all the time pretty much everything in the world is connected to the internet. so machines will think for us so extreme learning and artificial intelligence will give us the answers it is up to us they will fight for us but we can see robots on the battlefield. they are often told by humans that is not always going to bee the case. soldiers were will be fast and subtle we may not even know it's happening or it may happen in the blink of an eye. so some of the technologies. i heard the military described as a giant armed nervous system. and with information technology we are not at home -- now the point to put billions of transistors on a tiny tip. advanced data mining, artificial intelligence as a dod just asked for another $18 billion for

betty: the dollar near an april low as president trump brands russia and china as currency manipulators. gettingank of america costs under control as earnings rise to a record. betty: netflix jumping after beating forecasts for new users. hello from sydney. i am haidi lun. this is "bloomberg daybreak: australia." of hours from the open asia's first major markets. bettyi am betty liu. action look at how the on wall street will play into the trading day. different session today than what we have seen with the stomach churning volatility over the last several weeks. disputescs and trade on the back corner as you mentioned. earnings in focus. better than expected retail sales numbers. let's see where we closed and trade today. it was a green day. , the dow adding 200 points, the nasdaq also rising by .7%. long is thisis how going to last? haidi: volatility is here to stay. a bright spot before we get some more shakiness to calm, but the s&p the highest in a month. farave erased the losses so , and that is setting up in asia hopefully for more positivity. the day to drop, china gdp front and center, the major calendar event you'd we will be waiting into these currencies like the kiwi and all see. some downside in the start of trading in new zealand, the kiwi dollar at .7364, the u.s. dollar holding against most pairs, the lowest since march. another accu

betty? handing it back to you. betty: haslinda, thank you so much. our chief international correspondent for southeast asia there at the milken conference. lots of great guests. we'll continue to drop in at the milken global conference and speak to top financial business and political guests including the north star chairman, the thrive global c.e.o. ariana huffington, and also the former microsoft chairman and c.e.o. steve ballmer. lots of great guests coming up. stay tuned. this is bloomberg. bettyorning. you're watching "daybreak australia." quick check of the latest business flash headlines at this hour. the former c.f.o. of autonomy corp has been convicted of accounting fraud in the $10 billion takeover by hewlett-packard six years ago. a san francisco jury found him guilty on all 16 counts related to the deal. autonomy was the u.k.'s second largest software business when h.p. came calling in 2011. however, its value was later written down by almost $9 billion. sonic is to pay $280 million to resolve allegations its in flight entertainment unit hid payments to consultants in the middle east and asia some of whom did little or no work. the parent company will pay $143 million to the s.e.c. hile avionics will hand over a settlement to the justice department for violating the foreign corrupt practices act. that is it from "daybreak australia." we are going to have regular updates throughout the day. as you know, most major markets are closed today for the labor day holidays. aus

betty: i'm betty liu in new york. here's a quick look at your headlines. analysts said snapchat users do not like the redesign. middle and high school students and college graduates complain about the way contacts are ordered, stories on their page and the rising number of alerts. snapchat is still dominant with middle schoolers, but instagram is becoming a strong contender. bank fell the most since 2015 despite denying it is involved in an official investigation into a loan. local media says india's enforcement director is looking into a $500 million loan to a group. the relationship between the chairman and the husband of icici bank ceo. bettyex has sent a rocket carrying supplies to the international space station. the falcon 9 lifted off from cape canaveral with its dragon capsule packed with three tons of equipment and research. spacex is targeting 30 launches this year, up from 18 in 2017. the latest mission brings the 2018 tally to seven following monday's launch. certainlycex continuing on . musk has had his hands in several things, but these days, it is his hands in tesla that has investors worried. haidi: we were speaking to don yesterday, he was saying the tesla stocks scare him because he does not feel like it is a company being run by a man who is focused on making cars. we are going to talk more about the delivery issues and production issues that still plague tesla. betty: is he going to make those production targets? there was that 3:00 a.m. memo from elon musk saying if they made 2000 vehicles in the last seven days. we will talk more about his struggles and projections on tesla. this is bloomberg. ♪ retail.

betty: i am betty liu in new york. >> emmanuel macron has arrived in washington for the first state visit of the trump presidency. kathleen hays was more on what the french president is looking for in the next few days. at the top of the list of course, we have been hearing about the iran nuclear deal and keeping the u.s. in that deal. that's the main objective for the europeans, right? kathleen: yes, it is, betty a look at this. a little bit of a table s macronss the trumps and kickoff this visit. it is a follow-up in a way to the very lavish estate visit that donald trump was treated to when he visited emmanuel macron last year in france. cement this grand atlantic partnership that he sees and sees himself being such an important part of. they will have such an interesting state visit in terms of the ceremony on the south lawn of the white house. 500 members of the u.s. armed forces cabinet secretaries, members of congress, military families. will all this pomp and circumstance ultimately lead to some important steps? yes. angela merkel follows up with her visit to the white house on friday. theresa may has had ongoing discussions with the white house. so what does europe want? agreementso finalize that will make the gilt stronger and therefore convinced donald trump it is ok to stay in this deal when it comes to inspections, when it comes to development of ballistic missiles, when it comes t

betty: the fed is closely watching the president's trades. with china what does it mean for race and inflation -- rates and inflation? this is bloomberg. ♪ ♪ betty: this is "daybreak asia," i'm bettydi lun in sydney. we had a pretty fraught start to trading. going into the open of major markets the drop in dollar-yen, as well. picture.eing a flat modest gains, a mixed picture across asia. hong kong coming on after the holidays. taiwan and china remaining closed. let's get some more market analysis of what to make of president trump's ratcheting up of trade talks. trade tensions threatening an additional $100 billion of tariffs on chinese goods. it has been an eventful morning. this most recent announcement is clearly going to keep markets on the boil. a lot of uncertainties. we can take a step back. we have seen this pattern before. this big pronouncement by the president. there are a lot of negotiations taken place. we have seen carveouts and exemptions. it was only yesterday we had livery kudlow and the press secretary talking about hosing down the absolute concerns about global growth and the big impact. if the u.s. is trying to cut trade deficit, it probably won't succeed in m

betty: and coming up will speak to howard buffett about his new book on failing u.s. border policies. this is bloomberg. ♪ betty: good morning i am betty in new york. i am haidi lun in sydney in your watching "daybreak australia". -- the what has produced a list of chinese high-tech products, and it aims effect unlesse consumers and china has made it clear it will hit back in kind. its go over to washington to discuss this developing story with our white house editor. we are seeing these lines coming through from state media and a mouthpiece of beijing is saying these tariffs break international trade rules. what do we know so far? the u.s. administration released a list of 1300 products they are going to tariff from china. we are trying to sort through it. a lot of products are obscure and use technical names. there are stuff ranging from human blood to boring machines to chinese flamethrowers. pros and cons for elon musk. it is a lot to wait through and we haven't figured out all the winners and losers. of, are wein terms expecting more details, or are -- expecting more any fleshing out of exactly what tariffs and the numbers we're t

betty: good morning, i am betty lou in new york. haidi: you are watching daybreak australia. quick check of business flash headlines. -- meetll be investors investors for the first bond sale in more than two years. officials will meet potential buyers in the u.k. and u.s. this week, and the government is working with credit suisse and deutsche bank on the offering that could include 5, 10 and 30 year notes. qatar last told bonds internationally in 2016 when it raised $9 billion. bettyother win over airbus, getting 47 dreamliner's, a $12 million deal. they are expanding wide-body sales in the u.s. and comes on top of american's cancellation of an order for 22 a350's. that could convince the wide-body customer to switch to the 787. the hawaiian jumbo last month -- haidi: reports from seoul say gm korea may suspend production because it cannot pay its bills are the chief executive told staff the company is unable to pay for contractors and may have to shut down. workers were told the tracks may be transferred to china. million aover $1 month this -- in this month alone. prime minister malcolm turnbull is trying to defend his leadership after the government launched 30 consecutive poll offers to the executive -- the opposition party. let's get more on this from our economy reporter who is here with us. you look at the kind of turnaround that comes to p.m.'s in this country, it seems like a thankless path. reporter: it is on the front pages of the newspapers, including

betty: thank you amc capital investors head of market. plenty more to come on "daybreak asia." this is bloomberg. ♪ ♪ betty: let's get straight to the markets in the asia-pacific, looking pretty. take a look at how markets are responding to trade tensions that have been easing. this is bloomberg. ♪ ♪ bettyentral banks tightened monetary policy. first time in two years after the growth we saw in 4.3%. we are half an hour away from the opening of trading. i'm yvonne man in hong kong. betty: i'm betty liu in new york. you're watching "daybreak asia." let's get to the first word news with paul allen. paul: singapore tightened monetary policy today, changing its stance for the first time in two years amidst solid growth prospects. the monetary authority increased the slope of the band from zero, signaling policymakers would seek a stronger local dollar. the trade ministry says early data shows ddp group -- gdp grew 4% from the first quarter. u.s. commerce secretary wilbur ross said the summit of the americans that they will not give their leadership away in the region. he also said corruption cannot be tolerated. countries must create enforcements mechanisms. he said trade barriers are unnecessarily severe. the u.s. contends to work with other nations to semper fi the nation. facebook is rep

betty: president trump says china will take down its trade barriers because it is the right thing to do. haidi: investment in malaysia if he wins the upcoming election. betty: moore surprises from north korea can washington says kim is willing to discuss giving up his nuclear weapon. this is the second hour of daybreak asia. i'm bettydi lun in sydney. forre bracing ourselves what tweet comes next. is the other shoe yet to drop? president trump thinks china will work towards dismantling trade barriers. of course, we are awaiting resident xi jinping keynote address on tuesday. see if he picks up on this topic of trade in some sort of response. i want to throughout this which gives us a broader context of how we have seen the markets react. we knew volatility was on the table for 2018. 2017 was unusual with its lack of moves in the market. thisrade that arrive does cycle heads towards its peak. this is the morgan stanley cycle gauge. that is nearing levels here that we last saw that proceeded the previous recession. and not saying we will see a recession, but we know toward the end of this growth cycle, growth is looking a little vulnerable at this point in the cycle. on top of that, you have these trade uncertainties. betty: it's interesting, i was thinking the other day, president trump has been taking havet for how

betty: i am betty knew in new york -- betty liu in new york. er growth forecast exceeding expectations. lucas shaw has that story in l.a. for us. concernsle, there was about the describe the numbers. what happened here? what was the big surprise about? >> momentum, at this point. netflix would have big swings after earnings. rowpast four quarters in a have exceeded by a big margin, and the company seems to talk it up to this idea that they continue to deliver shows people want to watch and they created a streaming experience that a lot of people have taken to. the more people who sign up, more people get into the idea that this is something they have to have which is equal to or better than what they are paying for video. calling out individual shows. they don't call out individual territories. they don't call for a tremendous amount of detail as to why it is growing beyond the fact that internet tv is here and they are the leader. >> it has gone from a nice to have to a must-have. it seems like everyone has to have a subscription these days. le

betty: that tit-for-tat ratcheting up. i am betty liu in new york. tesla is bouncing back with better-than-expected numbers, expecting a dramatic rise in production. spotify hitting the right note after an unorthodox trading debut, the market value the company at $27 billion. ♪ bettyday was certainly risk on, trading green across the board in the u.s. markets, but if you look at this chart, it will show you have a relative performances of the stocks versus bonds -- take a look at this. within the last couple weeks has plummeted, showing any aggressiveness by investors is rapidly dissipating, whether you look at stocks versus bonds or cyclicals there's -- versus defensive. it brings up the question, how long a rally like today will last. yvonne: is it a relief rally we are seeing? now that we see the list of $50 productsf targets -- targeted on chinese imports, a could change the game. the damage has been limited to stocks. we will see if that will spread. betty: in the meantime, let's bring up the boards and how we closed the session today. we saw as i mentioned, a rally all around. rising 1.3%, the dow adding almost 400 points. the nasdaq trading up 1%. we are going to be awaiting the reaction in asia to these tariffs announced by the u.s. yvonne: we heard strong

betty: and from the global headquarters i am betty liu in new york where it is after 7:00 p.m.pped in to defend the dollar. the monetary authority makes its first currency intervention since 2005. bitcoin is back at least for a day. the

betty: this is daybreak asia. on betty liu in new york. yvonne: i'm yvonne man in hong kong. as we've been talking about, our next guest is one of the speakers right here in hong kong. he runs of, diversified alternative asset management, also known for the distressed debt business and over $100 billion here in the hong kong studio. a lot of market volatility recently and a litany of bad news. trade war ended tech route as well. how are you interpreting everything at the moment. >> a lot of uncertainty and a lot of things to potentially be concerned about. high levels of indebtedness around the globe. a lot of that is tied to floating rates. central banks including our own fed is taking away the punch and that is how it is all going to play out. rates works the way that gravity acts on mass. is it time to put money to work or not just yet? >> we are very diversified and we have over two dozen strategy. we have been very active and remain fully invested with our clients assets. a whole raft of strategies in real estate, infrastructure, the emerging markets, global credit fund, and infrastructure for example. even distressed debt funds. make you want to diversify even more further in your asset? jay: not really the volatility. we don't really invest in markets or volatility. we invest in individual securities and individual businesses. we determine what we think is the intrinsic value. assetschasing those below intrinsic values. yvonne: i won't talk about the interest rate environment. he said the fed is on the path of targeting and not exactly good for fixed income and a high-yield but when it comes to private equity. net, is that a positive or negative for oaktree? strategies,e probably more of a positive and for some, more of a negative. the amount of debt outstanding has grown dramatically since global financial crisis. china debts increased sevenfold. the amount of officially recognized nonperforming loans and special mention loans triple to over $1 trillion. start extent, those loans being disposed of or worked out, we are well-positioned globally and theple relationships on the ground to take advantage of some of those opportunities. yvonne: i'm curious about looking at more of the macro picture. we are concerned about what you are seeing at the treasury markets. not particularly concerned. it is relatively flat. there is no question there is a port pressure on rates. the amount of it that has covenant protection. it used forf dividends. the business economy environment tends to slow down and it could pose a certain amount of trouble. the particular securities to look at. yvonne: like what, for instance? jay: we are in the private market. the amount of credit at distressed levels is very low. the actual default rates on that is also very low. pocketse idiosyncratic and in particular, we've been focusing on nonperforming loan pools in europe and in asia. as far as industries go, there's no real single industry where it is obviously down for the count, but we've been looking at retail software, health care, a little bit of energy. mainly it is off of idiosyncratic circumstances and in the private markets. yvonne: i will focus on how you at the moment. it seems like the center of gravity is shifting a little bit more any you focus a bit on china and india. we have a chart that highlights what we're seeing here. the red bar shows the runaway and weird attracting more distressed investors versus the yellow which is in china right now. how much capital are you allocating at the moment? fortunately, we have record levels of dry powder. today we have invested in this region about $500 million. and we are positive about asia. and in terms of fundraising the middle class increasing with ,rowth and savings increasing with many of the institutions in the region allocating more and more of the portfolios to alternatives, it presents a great opportunity for oaktree. on the investment side, you're correct. and loans tripling over to $1 trillion. throughouthe ground the region, this is the 20th anniversary of doing business with asia. we have seven offices here. and we think that along the way, the economy has developed and there are pockets of opportunity. we plan to be well positioned to take advantage. yvonne: j, we appreciate the time. ceo of a tree capital and will be at the bloomberg hong kong investor conference for big money, big ideas. running a panelist in a couple hours. and later on this week, as well as the event coming up earlier as well. check it out at live go. this is bloomberg. ♪ yvonne: this is daybreak asia. i'm yvonne man in hong kong. bettyu in new york. we had over to bloomberg markets: asia and take a quick look at how the markets are trading right now, particularly after this bull session here. nikkei down .1%. the cost be lifted -- cost be listed -- kospi listed. checking asian features with the markets in just a few moments. still looking for some conviction here book unlikely be a catalyst. we are seeing futures down 73. and these are the futures as well, all following. a lot of the highlights are going to be in the ego data. we have china inflation as well as u.s. inflation in the pipeline as well. that is it for us on daybreak asia and we continue with rich and heidi next. betty: standby for bloomberg markets. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corpo

betty: i am betty liu in new york, where it is just after 7:00 p.m. wednesday evening.hed, mark zuckerberg survived a two on capitol hill. even critics retain their doubts on the company.

betty. betty: this separate view of women, we had to get rid of that. we had to break through that. we had to say, women are people, no more, no less. to consciously fight for and realize that we were entitled to the same opportunities to participate in society, the same opportunities to control our own destiny, the same right to participate in society to control our own destiny as men had. when you think about it, the modern woman's movement in america is supposed to have begun with my book in 1963, and we are 37 years later, and we really have transformed society. they weren't asking in 1963, what do you want to be, little girl, when you grow up? you are a pretty little girl, you will be a mommy like mommy. they didn't ask women what do you do? women were supposed to say a housewife. so just a housewife was kind of a label, that most women had in those days, because even -- oh, 30, 40 years ago, only 1/3 of american women worked outside the home. not all the women went home again after world war ii, but a lot did, and two generations that didn't have babies in depression and war made up for it by having babies like mad, the so-called baby boom that some of you may be part of. and that was all right, and having babies is a good thing. i had three. there are real values in motherhood. it's not just a mystique, but there came to be in the 1950's this kind of doctrine that tried to make housewife-mother a full-time, life-long occupation, and words like career women became dirty words, even though i went to a very good college, a big woman's college, even in that college, all i learned about the early feminists was, like they were neurotic spinssters suffering from penis envy. [laughter] it was the freudian interpretation of history. it was a revelation to me doing research for my book, "the fenimin mystique," well, i was going to give a good rationalization for penis envy. penis was the symbol of men, not women, and women had every right to envy the opportunities that men had. steve: the reflections of betty friedan and live on c-span3's american history tv our focus on 1968, america in turmoil. tv, our focus is on 1968, america in turmoil. joining us is the former president of our narda college. -- barnard college. fellowington, the senior at the public policy center. matters, how sex about modern feminism. let me begin with you. what was the first feminist movement, why was there a second wave in the 1960's? the waves of feminism are not a natural phenomenon that you can completely defined. people with think about the first wave as the suffrage movement in the u.s. and the u.k. to get women the right to vote. that occurred in the early 20th century and was largely successful. you get let's now called second wave feminism, coming around the time of the book in 1963 and cresting in 1968. that was a movement for all the things the vote alone had not granted to women. payee quality, getting into educational institutes, the right for women to play sports, the things society had not granted t

betty: rob, we appreciate your take on that. coming up, vietnam airlines clears a dedicated cargo unit. next.l hear the ceo this is bloomberg. ♪ betty: vietnam airlines has been into newing by getting services. the ceo says the carrier is looking to further boost growth i launching a dedicated cargo unit. dedicated -- by launching a dedicated cargo unit. >> the imports and parts are in vietnam for assembling. the cargo unit and the system. 2017 in the first quarter this year proved to be very good air cargo business for us. reporter: what are your expansion plans into the u.s.? tourism is growing. you seeing a market there? >> the demand of travel between vietnam and the u.s. is huge. size of vietnamese population in the u.s. you just mentioned that more visiting of friends and relatives, which normally would , so in thew price this, which i to work with our partners as well. try to work with our partners as well. to sell moreplans shares and open this up to foreign ownership? is thee to 5% of shares first step and the next will be vietnam airlines to issue new hope to have more investors. >> shares are currently listed. expect to list on the ho chi minh exchange? >> we plan to list on the ho chi minh stock exchange in quarter to of 2018. could also be a little bit in the third quarter. bettyes have failed to address impacts. this is bloomberg. ♪ yvonne: happy monday. we are 30 minutes away from trading. betty: it is gorgeous they are in singapore. you are watching "bloomberg daybreak: asia." north korea says they will invite national observers to --ness the duke aviation denuclearization. this comes ahead of an anticipated meeting between kim jong-un and trump. >> this administration has its eyes wide open. we know the history and risks. we are going to be different and negotiate in a different way than has been done before. we're going to require all of the steps, we will require them to demonstrate the denuclearization is going to be achieved. ramy: the trump administration says they will extend relief on steel and aluminum tariffs to sum but not all allies. temporary exemptions expire this tuesday and wilbur ross said in he wouldcement that not say who would be spared. australia is to spend half a billion aussie dollars to save the great barrier reef. the government sa

betty: that was bloomberg's china's correspondent tom mackenzie speaking exclusively to the ceo of lexington tech. china has a new plan to bring its biggest tech giant back home. this is bloomberg. ♪ betty: this is "daybreak asia." china is rolling out a plan to bring a tech giant back home. that's ringing bloomberg editor -- let's bring in bloomberg editor. we have been talking about the china depositary receipts for about a month. which companies are being encouraged to list china? >> this is all about bringing company listings back home. china, over the past five years has lost about one trillion worth of tech listings to markets like new york, hong kong and elsewhere. this is about trying to get them back into a market that has not been overly friendly to those listings in terms of the rules that are in place in terms of start -- stock market structure. there is only a pilot program at this stage. the china depositary risk that you mention, but also a special program to encourage listings of highly innovative companies. companies with their own core technology in cloud computing, internet, that sort of thing. it has targeted the high-tech companies that china wants to bring back home but also keep here. those unicorns and smaller companies that may be considering listing offshore that they want to keep your in the local markets. betty otherwise be -- in the chinese market? emma: a company like alibaba has been deterred in the past for listing in china by rules listing.ewel class there is also a ban on certain structures called variable equity infrastructures. they will be blind to that as far as we know. would be like alibaba able to list them here without having to change those structures. -- open to apening company of a market value of about $30 billion, which makes a company like alibaba over 460 billion in market value, very much in the spotlight for the program. how do you think this will affect trading shares elsewhere? we have already seen some impact in the hong kong market. shares of the hong kong exchange have fallen. about a month ago at the national people's congress. his idea of cd-r's was suggested by legislators there. it will have probably the biggest impact on hong kong, because of the company is able to list in new york, which has been a favorite for chinese tech it therech companies, is a listing

betty liu in new york. haidi: i'm haidi lun in sydney. you are watching daybreak australia. that is almost it for daybreak australia, but yvonne and betty have daybreak asia. looking at the next two hours. yvonne: i will be assessing that market reaction to this military response to syria over the weekend. president trump has called this a mission accomplished, but investors are taking it at it doesn't seem like things are escalating any further from here. this could be a one and done deal. we will ask alan henderson from the eurasia group, the managing director of global markets, great guy to talk about how geopolitics can continue to be if not an overhang on markets, whether this is actually the right call. are we slowly going to be seen to political risk being priced out of the market? bettyof the market unfolding between the u.s. and syria. professorkissinger who says the u.s. will pay a bigger price on this u.s.-syrian conflict than serious themselves or the assad regime. we will bring him on to explain more when you think this will be much worse for the u.s. todi: and we will continue assess the fallout when it comes to trade, where the u.s. position on trade lies reopening tpp. another a week and more developed its in the trade entry tensions with beijing. china gdp coming out this week. we will be joined by the texas global head of investment banking mark vincent. they have been expanding their m&a footprint in china, three m&a events in china, so getting these views about the impact of tensions on cross borders, m&a transactions and also a broader investment of banking outlook across asia. that is all coming up next over the next two hours of daybreak asia. that is just about it. looking at a pretty tepid open as asia wakes up. this is bloomberg. ♪ ♪ 7:00 a.m. here

betty: i am betty liu. stepping down as wpp ceo as he raises allegations of personal misconduct and misuse of company assets. he denies any wrongdoing but leaves with immediate effect days before the wpp board is to publish the findings of an inquiry. he spent three decades making the company a powerhouse in advertising, earning a fortune along the way. yvonne: a quarter of the boeing dreamliner's in-service face restrictions on long-range flights, problems with their engines. the faa respected to limit the time that they are powered by the variant away from the nearest airport. european regulators require closer inspections of the engine after rolls-royce admitted durability issues. bettyhone and chipmaker may use blockchain to manage its network. looking at shipments worth tens of billions of dollars a year. the information and tech arms says lockett -- blockchaining could cut costs by 20%. it is a breakthrough that will transform the way transactions are recorded and verified. and you know, we were just talking about syria and these upcoming sanctions against russia. they will be announced by the treasury secretary. we know that the missile strikes were aimed at syria, but really in trump's sites are assets in russia and iran. we are talking about oil as perhaps. -- assets perhaps. this shows you why iran is key here in the middle east tensions. you can see as represented by the white line, iranian oil production has continued to increase even more and more wild saudi production owing to the opec content comes down. any type of spike in oil prices is likely going to come if we see harsh sanctions against furthernd also tightening around iran. yvonne: we continue to t

betty: stocks rallying for a third day as officials toned down trade. we discussed the future with oppenheimer funds. this is bloomberg. ♪ betty: i am betty in new york. haidi: i am haidi lun in sydney. you are watching "daybreak: australia." the s&p closing at its highest in weeks, thanks largely to toned down the rhetoric on trade. su keenan is here with more. it is still this trade war story moving markets. >> yes, we are toning down the rhetoric and stocks are bouncing back. is it a rally or short covering rally? what you saw was green on the screen. s&p higher for the third day. treasuries falling, the dollar theing, a reduction for need of a safe haven, but let's go into the most active. amazon moving higher despite trump continuing to pound on the company, saying the internet giant benefits from an "uneven playing field." other companies down because of tariff concerns are now up. longfin surging. this is the company tied to blockchain. it shows you the whole bitcoin situation is back in the forefront. let's look at the the bloomberg, a chart here. the most shorted stocks are the ones outperforming, which could indicate not so much

, in their capitalistic endeavors. >> host: you write at the gunning of black betty on the -- at the beginning of black betty on the first page, it's 1961. thee world was changing, and a black man in america had the chance to be a black man for the first time in hundreds of years. >> guest: yeah. i y think that at that point, yu know, we're entering the '60s, people are being, are getting educations. you know, it used to be in the '40s and before you could, you could study for a ph.d. at harvard if you were or black, but they would never give you a ph.d. there was always, you know, something being held back, something being held away. and in the '60s, the opportunity was there. i think that the problem is, is that it was still harder to i achieve your goal -- to achieve your goals, and your goals had to bead smaller, you know? and you had to, you know, act in a certain way. it's like madam curie. they asked her to give back one of her nobel prizes because, you know, she was having an affair. and she told 'em, why should i give it back? all you guys have affairs. i'm keeping my nobel prize. but there was an e

betty: from bloomberg's global headquarters i am betty liu, where it is just after 7:00 p.m.evening -- aluminum seeing the biggest loss in three decades. talking trade, steve mnuchin preparing to head the china

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betty: good morning, i am betty liu in new york. paul: and you are watching "daybreak australia". -- let's get a check of business headlines. it back to the new assets the fastest pace in seven years, and reporting billions of dollars of earnings and revenue that are better than expected in the seo is entering the final stages of his three-year turnaround plan and told us he is reluctant to forecast the future. >> it is volatile. it depends on the economy. but the pace, we are at the 13% increase in asia. rate issingle-digit achievable. bettymm results sparked optimism of rising chip demands for fun makers in china. it saw sales of up to $5.6 billion and up from 5.2 in the previous three months. second-quarter profits were $.80 per share, beating estimates of $.70 all caps is china's smartphone market to start to improve after orders during the at the end of 2017. weak ebay has given a outlook for the current quarter sinking the expects revenue to only just meet analyst expectations of $2.68 billion. shares slumping over concerns tot the company's ability return consistent growth, investors look at ebay sales to see if they remain relevant in a market dominated by amazon. betty: square rallied after upgraded to a buy and the stock had fallen the writer session on a warning the pace of revenue growth will slow. twitter because to the first quarter and says it will be tough to replicate growth rates in the second half of the year. investors should look beyond the midterm and examine transfer twitter that were more constructi

betty friedan explaining why a renewed women's movement was necessary in the 1960's. betty: this separate view of women, we had to get rid of that. this separate view of women, we had to get rid of that. we had to break through that. we had to say, women are people, no more, no less. to consciously fight for and realize that we were entitled to the same opportunities to participate in society, the same opportunities to control our own destiny, the same right to participate in society to control our own destiny as men had. en you think about it, the modern woman's movement in america is supposed to have egun with my book in 1963, and we are 37 years later, and we really have transformed society. they weren't asking in 1963, what do you want to be, little girl, when you grow up? you are a pretty little girl, you will be a mommy like mommy. they didn't ask women what do you do? men were supposed to say a housewife. so just a housewife was kind of a label, that most women had in -- oh, ys, because even 0, 40 years ago, only 1/3 of american women worked outside the home. not all the women went home again after world war ii, but a lot did, and two generations that didn't have babies in depression and war made up for it by having babies like mad, the so-called baby boom that some of you may be part of. and that was all right, and having babies is a good thing. i had three. there are real values in motherhood. it's not just a mystique, but there came to be in the 1950's this kind of doctrine that tried to make housewife-mother a full-time, life-long occupation, and words like career women became dirty words, even though i went to a very good college, a big woman's college, even in that college, all i learned was, he early feminists like they were neurotic spinssters suffering from penis envy. it was the freudian interpretation of history. it was a revelation to me doing search for my book, "the femnim mystique," well, i was going to give a good rationalization for penis envy. penis was the symbol of men, not women, and women had every right to envy the opportunities was the first feminist movement and why was there a second wave? >> the wave of feminism is not a natural phenomenon you can did not that you can define. it was really the movement from primarily in the u.s. and the u.k. giving the right to vote. that occurred in the early 20th century, largely successful but wasn't fully successful. you get what is called second wave feminism, as you said earlier, coming around the time of the publication of betty friedan's book and cresting in 1968 and that was a movement for all of the things that the vote alone had not granted to women. so pay equality, the ability to get into ivy league educational institutions, the right for women to play sports, all of the things that really society had not yet granted to women at the time that they granted them the right to vote. host: mona charen, let's talk about the arc of this time period. the famous rosy the riveter during the height of world war ii, what happened after world war ii, from the mid 1940's until the mid 1960's? mona: i discuss in my book the mythology that's come down to us about rosie the riveter. the narrative we usually get is it was great during world war ii, women got all of these jobs that men were not performing because men were at the front, and rosie the riveter is the iconic image of a woman in an industrial job. the truth is a little more complicated. the fact is, women were actually propagandized and encouraged to take thes

kpix five's betty yu introduces us to the newest school senator named "furry boi." betty> making headlines tonight. we are introduced to the newest school senator named fury boy. >> here at uc berkeley. a squirrel ran for a seat in the senate and won. his name is fury boy. not everyone here is nuts about the idea. underneath this squirrel suit is sophomore steven boyle. >> it was a joke but i am here to make change. >> reporter: it began with this, it was posted to the uc berkeley mems group on facebook. >> i started to think how it was a viable idea. i started going to the process of filing for candidancy and got a squirrel suit. >> it got him the attention? he won one of the 20 seats up for grabs in the associated students of the university of california senate. the backlash has been a lot. some are calling it a travesty. >> only actions speak louder than words -frp the people that i upset i will follow-through. he says he is passionate and focused on environmentalism, disabilities and mental illness. he was diagnosed with bipolar disorder. >> he is serious about the sc

first, here is betty friedan explaining why a renewed women's movement was necessary in the 1960's. betty: this separate view of women, you know, the feminine mystique, we had to get rid of that. we had to break through that. we had to say, women are people, no more, no less. in order then to consciously fight for and realize that we e

betty friedan rose to respond to. betty friedan was a very bright, well educated woman. she began her career mostly as a reporter and sort of got shunted, as many bright women in that field did at that time, into reporting on women's issues and the making of pot roasts and knitting of sweaters and those sorts of things. as she tells it in her big book and in other form, she started to get the sense that something was wrong and she went back to her college classmates and started interviewing them. she started interviewing other women in the supposedly idyllic suburbs where she was living and she began to focus on what she called the problem that has no name, and that was the malaise, the discontent, the depression, she found, in many women who on the surface would have appeared to have these perfect lives, the same lives that the culture and magazines and television shows were raving about, and the major caveat here, subsequent feminist critics have pointed to, was the women she was writing about were almost overwhelmingly white, upper middle class women. they were the women of the leave it to beaver era, if you will. but what her work was focused on -- and it's a profound, deep analysis -- was looking at how deeply disappointed these women were because they weren't being fulfilled by these lives that they thought were supposed to bring them such great satisfaction. most people who look at the book focus on the early chapters where she tells these stories of women crying in the kitchen and drinking with their friends and being so despondent at the phrase she uses, is this all there is? but if you go deeper into the book, it's a very long book, it's a quite marxist inspired argument. what she's also writing in part is american corporations, particularly in the television era, have paired up with american advertising giants to create this wave of products that women have to be interested in and buy. so women are being peddled dish washing detergents and floor waxes and kitchen equipment and all of these things that in fact are keeping them fully employed, keeping their home neat and clean and living up to some standard, and so part of her argument is that the energy that women could have been spending building careers, building lives of importance, are instead being spent keeping their kitchens clean, which she is quick to tell you is not what anyone's life should be devoted to. host: our continuing series, looking back 50 years, 1968, america in turmoil. we will get to your phone calls n just a moment. mona charen, phyllis schlaffly, who was she? mona: she was a midwestern mother and political activist, conservative republican, who took it upon herself to form an organization to fight the passage of the equal rights amendment. she felt that far from being a good thing for women, the requiret would actually -- it would be enshrined in the constitution and require certain changes to things like social security act, the draft, military draft, and other things that would actually not benefit women. women would have to be drafted just like men. widows would not be entitled, arguably, to the pensions -- to the benefits that their deceased husbands they're currently eligible for, and so she started a grassroots movement and america has a long history of successful grassroots efforts. think of prohibition which began in similar kitchen tables and garages. so anyway she formed this organization, stop e.r.a., and ultimately was successful. it had come to within something like three states that needed to ratify, hadn't achieved it in a seven-year time frame. congress extended the time frame, but together with her confederates she was able to defeat it and it still is not part of the constitution today. host: debora spar, i want to put some numbers on the screen and get your reaction as we look at the makeup of the house and senate. you will see a statue for a republican from montana, the first woman to serve in the u.s. house of representatives. in 1968, for the purposes of our discussion, there was one woman in the u.s. senate -- we put it on the screen -- and 11 in the house of representatives and in the -- today there are 23 women in the u.s. senate and 83 in the house of representatives. can you talk about those numbers? >> the obvious response, of course, is this is good. we are moving in the right direction. but i think if you put these 50 years in context, we really haven't come so far at all. i won't do the math right on the spot. but we are still looking at situations where women at best are 20% to 25% of positions in power, be it in congress or elsewhere. if you go back to the excitement that surrounded the women's movement in 1968, i think there was a deep-seated assumption that 50 years hence women would be something close to 50% of positions of power and as i argue in my book, what we see across the united states and across most of the developed world is that women seem to max out between 16% and 18% of power positions. it's a little bit better in congress right now, but really a very small bit. so you can see this is glass half full, we have come a long way in 50 years, but myself i grew up really just after second wave fell -- feminism. i think women of my generation presumed that by the time we hit the mature parts of our careers, we would be at something closer to 50%. host: mona charen? mona: i am a tiny bit skeptical of the justice by counting metric. of course, i think if women want to be in positions of leadership and have the skills, they should be. i think there is a lot of evidence that the american voter is perfectly happy to vote for women at every level of government now. admittedly it didn't used to be that way but it is i think today. i think there may be other reasons that women are not -- that they don't share these positions 50/50. i have seen data that women are turned off by the excessive partisanship, that they dislike the sort of combat that's involved in politics, and so there may be other reasons that women just don't choose to put themselves forward quite as much as men do. host: mona charen in washington, debora spar joining us from new york. steven is on the phone from lincoln university, pennsylvania. go ahead, please. caller: can you hear me? host: we sure can. caller: perfect. i would like to comment on the difference between first wave and second wave feminism. the main problem is that first wave you had a problem where you couldn't vote. my problem is second wave feminism seems to say, i don't like what women are doing based on what the culture doesn't like women are doing, not necessarily what the government is doing to women or restricting them, but they want a government solution to that problem with legislation, things i don't believe really work or should be done. i think as long as the government is treating men and women equally, jail time, things like that, how they're viewed in the courts, things of that nature, you can do a government legislated solution for that. what i hear from second wave feminism is i don't like the way the culture is, i don't like the way the tv portrays women, they should be in the home, so let's have a government solution. let's use the government to enforce what i think women should be at age 20, 30, 40, because i don't like what they are, so i don't agree with that type of usage of government. i think as long as the government is treating everyone equally, that's what the government needs to do and not change culture per se. host: thanks for the call. debora spar, the author of wonder women, the quest for power and perfection, go ahead. debora: i think there are so many pieces of second wave feminism that i think it's unfair to say that it was all about governmental solutions, if i just look at my sector of the world in higher education. in 1963 and 1968, most of the most elite educational institutions in this country were closed to women. virtually none of the educational institutions had programs for women and those were things that didn't technically need governmental solutions. the universities themselves opened up and allowed women and they started to do sports programs for women, but certainly this was nudged along by activism and by governmental policy, something like title ix which has been hugely important in making sure women have equal access to sports programs, which turns out to be a crucially important element of young people's development. so i agree with the caller that not everything has a governmental solution, but i think what the activists realized in the 1960's was there had to be some pressure towards giving women greater rights. it wasn't just a question of how the culture was treating them. it was a question how major institutions were treeing them. host: our next caller from charlotte, north carolina, theresa. go ahead please. caller: i wanted to mention that i was 18 in 1972 and i got married and by 1980 i still did not have financial autonomy. could not do anything without my husband. host: mona charen. mona: i am not sure what you are getting at, caller. host: are you still with us? no, she hung up. mona: she could start her own business. she could have a family. she could do many things. one of the things about the 1968 feminism, the second wave feminism, is that you cannot see it as part of the women's movement that began with the sunchettes and proceeded, it grew out of a moment in american history when the new left was rising, when there was tremendous turmoil in our society in general about racial issues and about the rights of homosexuals and about the tature of the country, and, of course, divided over the vietnam war. and what that environment encouraged and midwifed, if you will, was radicalism on many levels. the second wave feminist movement, not betty friedan so much, but the ones who came immediately after her, really did embrace this very radical vision of societal reform to go back to what the caller -- previous caller was asking about culture. they were not just saying, look, we want equal pay for equal work and we want to have sports programs and colleges. they were attacking the entire society of what they called the patriarchy, marriage, family ife, the sexual norms that had prevailed for hundreds of years. everything was going to be almost french revolution style. everything was going to be thrown out and we were going to start over. debora: hang on. there were lots of people in this movement. some of them were clearly on the radical side, but going back to betty friedan, even gloria stein emto some extent, to go back to our caller who has left us, i think she's quite right, that if you were a married woman in 1969, you couldn't sign for a home mortgage or credit card without your husband's permission. there were some very

betty serve their murphy award -- the carter. -- two ashley carter. the late betty southern murphy was a legend among lawyers. a reagan appointee. she headed the eeoc, and was on the ground floor and launching the are in 08. i had the privilege of being years.rtner for 11 betty champion the overlooked, the unsung heroes, who make big things happen for everyone else. after her death i headed the committee which named an award in her honor. to recognize these unsung heroes. republican trailblazer is with entrepreneurial spirits, organizational builders who inspire others and make significant change. our 2018 awardee, ashley carter is one such leader. her accomplishments are not limited to the school board. ashley is also the director of coalitions for the independent women's forum. the preeminent and the independent women's voice. the preeminnocent promoters for women. she was a 2016 d.c. fellow for the national review institute and regularly speakness issues affecting women in politics. she volunteers with the junior league of washington, serves on the advisory council for the washington literacy center and promotes literacy development by working with several area nonprofits. prior to joining the independent women's forum, ashley worked in political consulti

betty, thank you for joining. give us an idea of how go with the flow was put together. betty: barclays runs an annual investor survey which covers one third of the $3 trillion in hedge fund assets. we run this annually, we test in investor sentiment, both terms of the prior year as well as allocation attention for the upcoming year. vonnie: talk to us about allocation intention. it would seem to be obvious that there is more volatility -- that would be a good time to think about returning to hedge funds. betty berkeley survey found was for the upcoming year, 2018, sustain investor interest, incrementally flows out of long instruments and into alternative investments like hedge funds, pe and bc. vonnie: there has been discussion about how investors are discussion -- are positioned and what may be better strategies. what are you finding that people are most interested in? betty: hedge fund strategies for 2018, top of the list across the board -- sector specific fundamental equity long shorts as well as equity market neutral strategies. vonnie: interesting. let's get to a couple of those. equity long short, that has been your traditional hedge funds strategy. why is that of interest in a time when -- if you would ask me all the top of my head, i would say event driven or macro. with respectically to fundamental equity long short, what we found is an increase in interest in the sector specific fund and a bit more of rotation across the generalist fundamental equity long short space. that is the

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betty yu is live here at the kpix5 studios right next- door, a kickoff event officially underway. hi, betty. >> reporter: hi, allen and liz. we're in the middle of our kpix5 asian pacific american heritage month celebration. we are so thrilled to see all these faces from our community here with us tonight. they're sharing their stories. they're meeting us face to face and that is why we host such events because we want it hear from you and what's important in your community. i want to give you a sense of what's happening in our north studio now. we have a number of vendors on display from the community. our entertainment tonight is provided by uko lenny on the ukulele. just take a few moments to listen to the music. ♪[ music ] >> reporter: across the way here we also have a number of artists' work on display from the asian american and pacific islander community that people are checking out and we also have chef byron gee serving up some very popular asian foods. we want it hear from you. our e-mail address is newsdesk@kpix.com. share your stories with us. all this is to celebrate asian pacific american heritage month happening in may. i will save you some food, allen and liz, after i get some myself. >> how did you know what was on our mind? we love the ukulele. thanks, bettypaul, it feels like we should be in the tropics listening to that ukulele, but we're feeling more like winter. >> who wants to go to hawaii now? we'll want to go to hawaii by the end of the week because it's going to feel like late winter or early spring, not today. we're mild away from the water. oakland, san francisco 50s and santa rosa a chilly, windy 61 degrees. it's going to be a beautiful sunset. look at that cirrus cloud cover over vacaville, nice night for baseball if you bring a thick coat in san francisco if you're a join fan. you probably do that more often than not. first pitch at 7:15, breezy, chilly, mid-50s. overnight lows in the upper 40s, livermore 49, vallejo 47, napa and santa rosa 46, san jose 51 degrees. i found this hard to believe, but when i crunched the numbers, this has been an above average april when it comes to temperature. doesn't feel like it, but livermore is 1 degree above average, san jose a little bit more and san francisco and santa rosa running abou

betty: and washington has said it will hit back in kind. back, andla bouncing expecting a dramatic rise in production this year. betty right note after an unorthodox debut. haidi

ok because his phone was taken know he is ok because his phone was ta ke n betty know he is ok because his phone was taken bettythis last incident, we don't know. in the film, abdi said, having been released from jail he did not want to go back inside. when part of your conditions of being out on licence is that you are at risk of harm they will put you back in prison and say, you are safe there when it is not the case. you've spoken to abdi? , yes, i spoke last night, he is doing well, i don't know how it happened, he has changed his life around, people just keep coming back to them, it was sad to hear it,. how difficult is it to get out the gang? it is not like america. it's not like if you've got to leave again you can do something or you will get hurt, you can just you can do something or you will get hurt, you canjust walk you can do something or you will get hurt, you can just walk away. you can do something or you will get hurt, you canjust walk away. simple as that. having a plan after, trying to get out, you have to have a reason, a view to go forward, if you don't have no plan, you can leave a gang ri

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betty: aiming to shakeup american wireless through innovation and playing good old deals. paul: wilbur ross says the u.s. will exempt some allies from the steel and aluminum tariffs, but not all. the announcement on tuesday. bettybservers to see the decommissioning of its nuclear sites.