betty: thank you very much, david stringer., tencent we chat doubling down on its program. 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 corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. host: it is seven: 30 in hong kong. we are 30 minutes away from the open. 6:30 here in europe. markets were closed for the martin luther king holiday. spirit.this holiday >> you are watching daybreak. we are getting the first word news. china is escalating the clampdown on crypto currency trading and is targeting platforms. theorities banned to cryptocurrency exchanges last year and have noticed and uptake in alternative venues. enables centralized training. collapsed under $2.2 billion of debt

david stringer has been tracking the talks from melbourne.discussions? relatess you said, it to the sum marco --samarco iron ore venture. it was the site of eight disastrous spill, several people killed and communities engulfed. since then, it has been suspended, been without licenses. those bhb and vale have been engaged in the legal ramifications. ony have also been focused winning those licenses, getting the thing restarted. the basis ofout operation going forward. what we understand from people familiar with the discussion, they are talking through an option that would see bhp exit the 50-50 joint venture. and vale would assume full control of that operation. it is seen as a sensible course because it is likely it would be easier potentially to restart operation under vale's full control. in the long term it will be easier for vale. owns could be used by the joint venture in the future. hasne: that samarco mine been closed two years. what progress is being made on getting the mine back into production? dan: there are signs of progress. ba

haidi: thank you so much, david stringer. the week ahead and wall street, a busy week. fridays lackluster reports are ofely to lay out in terms sentiment. investors will also be focused on the first rounds of ego data coming clean inflation, retail sales and at least one potential deal in the works. let's get the details from su. can the board continue to lead the charge of market direction? let's go quickly to the market snapshot. you'll see the s&p 500 are getting off to its best weekly gain in more than a year in the first couple of days. a lot of eyes on the dollar, showing a bit of weakness. pepco into the bloomberg -- let's go into the bloomberg, 5096. back in sync, all three major indexes hitting records. anytime you see a white mark. october, november, we saw a lot of that. this very first week of the year, we are seeing the dow, the s&p and nasdaq hitting fresh records at the same time. marker in ith certainly will continue to play out in the near term, according to many chart watchers at this point. quickly if we ca

commodities strategist and our bloomberg news reporter, david stronger with us in melbourne -- david stringerne. you can download the bloomberg are on more of this information. this is bloomberg. ♪ ♪ betty: good morning, i am betty liu and the new york. haidi: and i am haidi lun in sydney. you are watching daybreak australia. yvonne and betty are up next with daybreak asia. yvonne, what is coming up in the next two hours. yvonne: one year after president trump, were are we now? we will talk about that with the georgetown university professor of public policy. the looming government shirt -- shutdown on friday is that stake. plenty of risk given the fact tied toa has now been approving this spending bill. there was an interesting take to immigration out of this, this is a president who wants to fund his order wall and is willing to shutdown justment to get it. so is this shutdown something that he needs to prove to his base that he is a tough negotiator? we will talk about all that and the possible fallout with him in the next hour. betty: lots of challenges ahead. the challenges of the rising

bloomberg news reporter david stringer joining us live from melbourne this morning. -- going to help the process? >> good morning yvonne. has been on a real mission to strength the shy -- size of its portfolio . they don't include nickel, they are left with its own collection of assets in australia. mainly serve the stainless steel industry, and the last time they tried to sell in 2014, they could achieve the kind of value there were looking for an abandoned that sales process. the prospect of rising demand for all material from batteries needed in electric vehicles. this is changing their equation for the nickel market. it is a renaissance for the nickel, quickly responding to that dynamic. it is looking to build the biggest nickel sulfate producer at the nickel west operation in australia. it is the kind of material needed in batteries. and are exploring other options to expand that, they are looking at cobalt materials and looking a step further down the chain to supply the combinations of mental needed and batteries. to build a global hub for batteries, but it is

to yvonne: david stringer bloomberg news asia.shi says japanese stocks will see double digit gains. chief equity strategist chisato next.ma join us this is bloomberg. yvonne: this is "bloomberg daybreak: asia." said tpep next guest reach 2100. japan's economy may move out of deinflation. likely rise as earnings keep improving. from tokyonow chisato haganuma, mitsubishi, can i -- equity strategist. you have a bullish outlook on market back in japan. for therun there nikkei. what is underlying the major factors underlying your bullish outlook? >> okay. as you mentioned, i think for te nikkei. two points is importance. is end of the decision and other is deal of the earnings. timepeople believe part workers wages in japan is rising. nothing happens for full time workers. sme, small enterprise start to rise. these are labor union acquired good relationships with companies. on inflation. labor. when we have the tight labor market, maybe the company is up salaries.ate their second reason is earnings. years ago, profit hasin japanese com

for that.nk you david stringer in melbourne.ineup without losing exclusivity of a brand best associated with italian design and superfast roadsters. there is an if electric supercar to be built, then for rory will be the first to build it. up, lamborghini hits the gas on its suv model. we hear from the ceo of the luxury carmaker. this is bloomberg. ♪ lamborghini is planning to double sales for the new suv. the ceo told bloomberg that the brand really proved itself in 2017. >> it was a great year for lamborghini, another record year. showing the brand is .eally there we have great product. it is an aspirational product. it is a great moment for us, and with the new super suv, i think it will be a boost to make sure the brand will grow further. lamborghiniink that is under fight within the volkswagen group? >> this is not something i can say for sure, but it is important as a brand that it is important to make sure the value is there. we need to make sure that we inbilize and increase growth a world where we know the competition i