this is blumberg. ♪ ♪ hey. hey. you must be steven's phone.of your home wifi and get a notification the instant someone new joins your network... only with xfinity xfi. download the xfi app today. ♪ paul: good morning. we are under one hour away from the market open in japan and south korea. i'm paul allen sydney. yvonne: i'm yvonne man in hong kong. welcome to "daybreak asia." ♪ paul: our top stories this friday, the power of public standing, japan ready to embrace big stimulus programs to boost the economy and raise inflation. hong kong protesters give thanks to u.s. support as

michael blumberg knows how to fight capital as politics.e should understand he's been working on this for a while heap at $180 million in 18 and he 30 committed -- democratic party have a tough time committed he has committed $3,100,000,000,000 and it's also going to go into some of the district free bloomberg has apparatus, every town in the usa, i think actually on a grassroots basis a stronger apparatus in the democratic party, michael blumberg will put the chess pieces in place knowing how to apply capital and knowing where the pressure points are in a grassroots apparatus, they should not discount him. when you look on the state and people should understand the ratings for the hearing drop every day as middle class americans to not. the ratings for the democratic primary are also dropping. it is not just about no star power, they are not really having a serious conversation, it's a group hug you dusty tensioner drama are peepin or pg each other on. there's no democrats calling him out on china or ukraine or what happened in the south c

esto contra el presidente juan comienzan este mes, segÚn reportÓ de blumberg la lÍder demÓcrata no descartoque todo estÁ absolutamente tranquilo, tienen que estar al pendiente de lo que digan las autoridades. pero entre las malas noticias. algunos organizaciones se han unido justamente para llevar un poco de aliento y esperanza. estas familias con algÚn tipo de ayuda, nuestra compaÑera carla farÍas en vivo desde el centro de redacciÓn nos cuenta adelante carla. ayer ramÓn paola es que este viernes algunas organizaciones en la ciudad de santa rosa, y se lo entrega de alimentos, asÍ como otra ayuda para los afectados por el incendio que que hay muchas de ellas se enfrenta a un nuevo reto, empezar de cero. veamos cÓmo fue esta tarde para ellas. >> bueno para vos problemitas tÉcnicos para presentarles eso y soria, pero mÁs adelante vamos a tenerles. asÍ es asi es, vamos a una pausa y vea nada mÁs como de pelÍcula, unos ladrones robaron una camioneta blindada, pero el banco tambiÉn lo que vemos cÓmo termino este atraco ya >> el puntano que se macri ofreciÓ opciones >> un robo de pelÍcula quedÓ c

this is blumberg tv. ♪ ofwelcome to the best bloomberg daybreak middle east. aramco be worth less? it could be. we dig into the details. would the share sale help wean the saudi economy off its reliance on oil? a study says that will depend on the size of the proceeds and how the government decides to spend it. the track record is not looking great. dubai's property problem continues. house prices down nearly 30% over the last five years. what is the government doing to address the issue?

and they discussed new york city mayor michael blumberg. former deputy director of the cia counterterrorism center talks about the cia detention centers. and former professional football player don mcpherson on masculinity. watch live coverage at the miami book fair, saturday and sunday on c-span2 booktv. >> next they discussed th government's plan to reduce hiv and aids we will hear from doctor anthony the national institute of allergy and effectiveness disease and john brooks chief medical officer at the center for disease control division of hiv aids prevention. the bloomberg school public health hosted this event

more next from the blumberg new economy forum out of beijing -- the bloomberg new economy forum out ofoomberg. ♪ whether you're out here on lte. or here on a wifi hotspot. xfinity mobile has more coverage to keep you connected to what matters most. that's because it's the only wireless network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. and now get $250 off when you buy a new samsung phone during xfinity mobile beyond black friday. plus, you can save up to $400 a year. click, call or visit a store today. guy: first zero commission, no consolidation. schwab is expected to buy td ameritrade. is it a sign that the bull market in stocks is almost over? less is more, or more is less? reports adjust louis bacon is recurring to return money to investors. jeremy corbyn joins elizabeth warren and bernie sanders in bashing billionaires, but is it going to help him win the u.k. election? the pound trades higher. live from london, i'm guy johnson, with vonnie quinn in new york. we are now counting you down to the european close on "bloomber

within 24 hours a michael blumberg, officially throwing his hat into the democratic race, controversy his own news organization overreaching censoring its own journalist and they are not allowed to investigate michael bloomberg, his family, his foundation or the 2020 democrat campaign. bloomberg will continue to investigate president trump. the debate on the scene of the media tonight. we show you even more democrat who have reached new estimate of the government spending that elizabeth warren and bernie sanders now want over the next ten years if they win nearly double the gdp of the entire planet. tonight the pro-democracy landslide in hong kong elections over the weekend. does that strengthen president trump's hand with china trade talk? the justice department inspector general report on the russia probe, due december 9, we will break down the narrative and the media pushing based on an ominous leaks, the debate, who is leaking to get ahead of this news. plus we got what they're missing. with us tonight a very special guest, the topic democrats avoid, criminal, illegal crime and ne

and they discussed new york city mayor michael blumberg. former deputy director of the cia counterterrorism center talks about the cia detention centers. and former professional football player don mcpherson on masculinity. watch live coverage at the miami book fair, saturday and sunday on c-span2 booktv. >> next they discussed th government's plan to reduce hiv and aids we will hear from doctor anthony the national institute of allergy and effectiveness disease and john brooks chief medical officer at the center for disease control division of hiv aids prevention. the bloomberg school public health hosted this event thank you for joining us today for what will be a compelling conversation. one that will provide great hope that we can make a difference in the fight against aids. but also it will remind us there is still much, much to be done. and partly, we will need to double down on our efforts if we need to set out in the bold tenure federal initiative championed by the nh and cdc and by our special guest doctor anthony and doctor john b

but today, michael blumberg is trying to win the democratic nomination.'d think thatnk a party that claims to care about poor people would reward anyone who makes low income neighborhoods safer, but no, they hate him for it. >> this is a policy that overwhelmingly put black boys, black men -- and latino men in prison which was seen as a civil rights violation. >> this is a mayor that provided over the administration that stopped and frisk every black latino and four-person ethical. >> the man who actually ran york city kind of like oligarch and ultimately supported and defended stop and frisk policy that essentially mass incarcerated black and brown people. >> i have three words, stop and frisk. if that will be the thing that will be the problem for michael bloomberg. >> he still defends this policy of stop and frisk, which impacted families like mine. it was my cousins and my friends that were stopped on the new york city subway system and racially profiled and patted down. >> tucker: oh, yeah, . it affected alexandria ocasio-cortez's family. she grew up

let's get the blumberg first word news update. -- bloomberg first word news update. kong, protesters continue to clash with police around the university campus. carrie lam is calling on a peaceful e to the siege -- end to the siege. some 600 protesters escaped or were evacuated overnight, including several hundred who are under the age of 18. the u.s. is reversing its stance that israel's west bank settlements aren't illegal. it is a big -- are indeed illegal. it is a big policy shift for the u.s.. it could give a boost to prime minister benjamin netanyahu but it is likely a further setback to the palestinian peace process. in sight tothe end the political deadlock in spain. 's separatist party looking into a deal that would put andro sanchez back in power -- pedro sanchez back in power. it is preparing supporters for the possibility. in return, they want direct talks in the future of catalonia. the cost cutting move is the latest blow to the region's industry. about 2/3 of the reductions would be office space stuff. chartered has steelmaking facilities in the u.k. a

you can read more in the story on the blumberg. let's turn back to -- bloomberg.mp has signed into law a bill expressing u.s. support for hong kong protesters. the legislation requires annual reviews of hong kong's special trade status and sanctions against officials deemed responsible for human rights abuses. the move threatens to complicate trade talks with beijing as the sides get close to a phase i deal. citigroup believes the prospect of an agreement is unlikely to be derailed. leerdly told blue -- howard told bloomberg the impact will not be huge. >> of course, it is not welcome news. the market reaction so far has been pretty calm, so to speak, anduse a lot of bankers market practitioners i have talked to view that the immediate impact of the bill will not be huge. nejra: we are joined by bloomberg's senior editor in singapore and john yo. derek, let's start with you. how significantly should we look at the signing of the bill by president trump given that he had little choice given how overwhelmingly it was voted for in congress? >> that is really true. yo

and a reminder, the new economy forum is being organized by the blumberg media group is a division ofloomberg lp. shery: we have some big names coming up at the new economy i andincluding the ceo's of the president of the asian infrastructure investment bank. we are live in beijing. this is bloomberg. ♪ shery: i'm shery ahn from the new economy forum in beijing. haidi: let's get you a quick check of the latest business flash headlines this hour. a new survey puts citigroup at income.for fixed deutsche's, ubs tying for third. the fixed income rate include services related to credit in developed government bonds. telco increasing topries in a bid to attract talent. it says annual pay for scientists and engineers at up to $1 million more than the ceo takes home and that he is regrouping to focus more on cloud computing services and less on mobilephone operations. haidi: alibaba has raised more than 11 billion u.s. dollars in its long-awaited sale, shrugging off worries. the offering was covered multiple times and more shares were allocated to individual investors due to strong demand. al

izumi devalier, from bank of .merica this is blumberg. -- bloomberg. ♪ beyond the routine checkups.t-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. haidi: a very good morning. japan has just opened for trade. shery: good evening from new york. welcome to daybreak asia. the trade war is still on. we do not see such a massive jump in consumer spending across the quarter. inknow there was a big one september. that potentially means less of a pullback in the fourth quarter. saying, thewas fourth quarter numbers are not likely to be fantastic. abe andprime minister his administration compiling a fiscal stimulus package. the numbers are not so bad that it would argue for a bigger package invented ready envisioned. perhaps ¥5 trillion. that means less pressure on the bond market. shery: not

that is your blumberg business flash this is bloomberg -- that is your bloomberg is this flash.♪ alix: this is "bloomberg daybreak." i am alix steel. we got some housing data in a few minutes. traders clearly willing to underpriced the risk of something going wrong. that is richard breslin writing today. you are seeing that reflected in the market. not seeing a lot of movement in the equity market. with other asset classes it is a similar story despite conflicting trade headlines. you can see the curve continuing to flatten in the u.s.. we are trending steeper. 16 basis points is where we sit. housing data coming out -- actually jobless claims. jobless claims 227 thousand jobless claims filed last week. we are waiting for housing data. that will be around 10:00. the fed index we are waiting for as well. the idea that housing might stabilize as the fed winds expanding its balance sheet, lale topcuoglu and mike's well of goldman sachs are still with me. how do you view the housing market. what are your thoughts? housing markete is one of the core underpinnings of the u.s. economy.

francine: first let's get straight to the blumberg first word news in london with leigh-ann gerrans.a warning today from hong kong officials and chinese state media. they both say there will be consequences if violence continues. protest disrupted traffic across the city for a third straight day, and for the first time the government is now closing public schools. americans get their first look at witness testimony against president trump. that is also today are the house intelligence committee begins public hearings in the impeachment inquiry. diplomat ine ukraine, william taylor, tells lawmakers that the administration withheld aid to ukraine over political investigations. wall street bond traders will be watching fed chairman jerome powell in the impeachment hearings today. powell's appearance before moreess has joined -- has potential to move the markets. investors are looking for confirmation that powell plans to pull interest rate hikes, and that is next month. noble greenhouse kaz pollution -- gas pollution rose for the second year in a row. according to the international ener

this is blumberg. ♪ -- bloomberg. ♪ francine: this is "bloomberg surveillance." talk about the bank of england and exit -- brexit. the boe is expected to cut its growth and inflation outlook. it comes amidst a backdrop of political chaos as brexit uncertainty continues. we are back with christian from goldman sachs. how do you look at pound and how difficult is it to go back into the market when we don't know whether we can trust the polls ahead of the december 12 election or what happens with brexit. christian: political risk is always difficult for investors to assess. they are struggling to clear the parliament. asset trading and across strategy has shifted since the election was called. we are quite bullish on cable so we still see upside from here. in the near term, it feels like cable will be range bound and it will be difficult to break higher without significant clarity appearing either at or before the election. to me, the investment opportunities are shifting a bit. at the beginning of the brexit uncertainty fading, clearly, cable and domestic u.k. bloc