we have jp ong with the asia action and carolin roth in the london newsroom. jp, i'll start with you. i'll say good evening because you're in asia. >> reporter: good morning, frank. the last trading day of the third quarter. in asia, it was a mixed tale of two markets. one political and one monetary. we have japan today which was the biggest loser in the region. the calls coming offer the ldp held a vote with shigeru ishiba coming in as the new prime minister of japan. he is seen as a bit of a monetary policy hawk. that means higher yields which saw a stronger yen and yields coming up at the shagrin of the nikkei 225 falling today. he is calling for a general election at the end of october which means markets take money off the table. in china it is different with the stimulus and the biggest moves yet and the pboc wanting to lower mortgage rates at the end of the month for the stimulus. the mainland property stocks in hong kong are the biggest gainer. you see further deeper into bull market territory in the session. that had a knock-on effect for australia. i

time now for business, and for that let's bring in cnbc's carolin roth who joins us arrive from londonhow's the early morning looking today? >> this morning we're looking for a softer start to the trading session. nothing major really. but, again, i want to put this in perspective because we're still close to these recent record highs. just on friday, the dow jones was at 0.3%. closing at a record high. we saw another nice day for the dow jones, s&p, and nasdaq, a third week in a row. for september, that's usually a trick whery week for investors. the first positive month in five years. this week investors will be focusing on the all-important jobs report. >> we'll be certainly watching for that. >>> there's also essentially the inflation report came out. >> yes. the pce report came in on friday and that came in pretty benign. inflation came in at 2.2% for the month of august on an annualized basis. that gives the fed plenty of remember to be relaxed. it's engineered the soft landing. inflation is under control. now it can very much focus on the jobs market, and, of course, it can cont

i'm carolin roth and these are your headlines.ed manufacturing data has investors banking are beijing adding more to the stimulus measures. >>> japanese equities see a jump as they take stock of the country's new prime minister. >>> more bumps in the roads for the automakers as stellantis warns of weak guidance. >>> and israel kills hezbollah leader hassan nasrallah with the group and iran vowing vengeance. >>> good morning, everyone. we have a lot to get through in the show, but first i want to show you on this monday morning or monday afternoon, depending where you are watching, how the china rally has materialized in the markets on the back of the stimulus measures last week and how it is filtering into this week. we are still seeing green across the board. the shanghai comp up 8%. this is absolutely incredible. the csi 300, which rallied roughly 15% last week, on thf a measures. we'll talk more about that with a guest later on, is up 8.5% in today's trading session. i should point out hang seng is up 2.5% and seeing its best m

joining us now, wall street pro and author, carol roth and caroline doughny.ric swalwell accused of employing chinese locals on their staff and son arrested on money laundering and accusations that hochul is a double agent of china and kickbacks and spending on ferrari and nearly $4 million home on long island and condo in honolulu worth $2 million. she pled guilty. how does kathy hochul not see this? >> is it too much to ask to we get elected officials that serve americans and not xi jinping. kathy hochul employed alleged foreign agent of the chinese regime, but the indictment doesn't accuse hochul of anything. it basically excuses her and she had to overlook many signs that seeing she was port of the beijing operation in new york and for instance jimmy quinn report that had hochul had a cozy relationship herself with the chinese consulate general and in contact with the business group that represents chinese state owned firms and the u.s. government actually blacklisted her ties to the liberation army and hochul herself waved a chinese flag at lunar new year

conversation all morning long we have carol roth recovering investment banker in the new book you will owe nothing, national review staff writer independent women's caroline downey and "mornings with maria" is live right now. ♪. cheryl: it is time for the hot topic of hour former president trump the vice president kamala harris will meet for the first time face-to-face tonight at the highly anticipated abc news presidential debate. polls showing the candidates remain that connect and in the battleground states a poll shows that georgia is tilting towards chart where he leads 49% , here is 46% in a two way matchup. in north carolina harris leading 50% to trump's 47%, both states are technically too close to call as they fall within the margin of error. the harris team scribbling to rewrite her debate strategy after they counted on the use of unneeded microphones. where harris wanted to object, fact check or a question donald trump and he was speaking. here is commenting on the upcominge. >> he plays an old entire playbook, there is no floor for him in terms of how low he will go and we should be prepared for that and be prepared for the fact that he is not