this is bloomberg. ♪ ramy: you are watching "daybreak asia." i'm ramy inocencio in new york. e man in hong kong. life insurance company has formed a new asset management company. a combined $.5 trillion in assets makes it asia's biggest. asset management officially open for business on saturday and the ceo says the company plans to break into the global top 15 by doubling its assets under management. it also back to the boj's current policy direction. ramy: japan's much delays new domestic airliner maybe how that further. mitsubishi aircraft says first plane may be late because of some technical modifications required. it says it was warned of the possible delay at the end of last month, and mitsubishi has not given a new delivery date. they ordered 25 of the jets, which carry 92 passengers. yvonne: a record 6 million chinese tourists are slated to travel outside the country during the weeklong national holiday. andchina tourism academy estimates that 589 million trips will be made home and abroad between october 1 and seven. that is up 12% from a year ago. tourism revenue is

you are watching "daybreak: asia ." get the first word news with rosalind chin. >> at&t to buy time warner for $84 billion forming a new telecom and media empire. warnerl values time 20% above friday's closing price. the deal includes hbo, cnn, and the warner bros. studio, allowing at&t to expand into media and entertainment. td ameritrade and its largest stakeholder, td bank, are said to the near a deal to buy scott trade financial services. sources tell us td ameritrade would take scott's brokerage operations for about $2.7 billion. the deal would combine two of the largest online brokerages. malaysia has announced a budget that hints at early elections. the prime minister listed millions of ringgit in cash and grants for lower income citizens and young people. they include cheaper housing, discounts on student loans, and tax relief on smartphones and tablets. this aims to boost growth and shore up his support after months of political turmoil and financial scandal. china's leaders gathered this week for the final com

you're watching "daybreak: asia."vernor says the central bank has no plans to give up on its policy to increase monetary stimulus. , theyexclusive interview said there was no plan to wind down and until 2% inflation is achieved. the deal with -- the deal was with 800 million in cash -- $800 million in cash. there are monthly losses in liquidity fees. -- ard ullman says china is warning of lower availability and higher prices. beijing, shanghai, and ginger and -- says that is less than 3% of its shanghai drivers. it could rule out more than 80% of its cars. this is bloomberg. fori: a big week ahead markets. we're coming up on a very news heavy weekend during a very -- a fairly volatile session on wall street. new zealand is the one to watch. it is actually very close to losing. currency -- commodities are flat at this moment. as well as several key markets in the region. that being said, have a look at futures. on the nikkei 225, hire a little bit. -- higher a little bit. about the next in his own a moment. have a look

you are watching "daybreak asia ."vonne: the reserve bank of india defied expectations by announcing a rate cut. the new governor reduced the repurchase rate by 25 basis points to 6.25%. in australia, meantime, the federal bank left it cash rate unchanged at 1.5%. the governor's decision was widely expected. ramy one of the presumed bidders for airbag maker takata is making a push into japan. it aims to more than triple revenue for japanese automakers for $300 million by 2020. the ceo says he is considering the first manufacturing plant in japan at is looking to expand. he did not say whether key safety is bidding for takata. wharf provides fixed line services to mainly corporate clients. worf says it is continuing to review proposals. finished intocks the red here on tuesday in the wake of reports that the ecb could start winding down its quantitative easing program. that is not all. let us bring in the head of microstrategy at green capital. we are in the second day of the fourth quarter. terminal.y bloomberg i want

yvonne: this is the second hour of "daybreak asia". good to see you. e saw speak with janet yellen talk about letting the u.s. economy run hot. hot.e: the buzz word is far, things looking bad, a slow start in asia. start.it's not a bad it is slow, lazy. just about on the fence here. when you look at what is happening across asia, it was supposed to be a better start than this. valor-yen has pulled back. dollar-yen has pulled back. kospi up, factory output out of japan. softeningng to see curves in the market. mortgages you can take out will be scaled back, so maybe $90,000. that's a quick look across equity markets of the moment. a lot mixed, especially dollar-yen. we could get new credit data and out as well.data out of guys. yvonne: we continue to see dollar strength this morning. what is our junkball point this week? dollar-yen, 104.09. 104.60 is what people see as the next resistance level. the other currency is the euro, trading below $1.10 here. it's about dollar strength. how much can this run further. we are seeing a little weakness their early

yvonne: you're watching "daybreak asia."cludes stakes in banks in china and malaysia, and shares have been holding anticipating the announcement from dbs any moment now. qantas shares are down the most in almost a month. they warn they will take a hit from fierce competition driving down international affairs. underlying profits before tax millionl between 800 and 850 million australian dollars. fbi director reveals a of inquiry into hillary theton's e-mails, and democratic nominee may be losing some support. a survey found around a third of voters say the news makes them less likely to support clinton. state isr secretary of still holding a lead, down from 12 points ahead last week. this is bloomberg. asian marketsthe are shaping up this morning after that political bombshell on friday. which we were waking up to more solid footing, but it is what it is. let's take a look at the fix -- vix. when gdb camey, out -- gdp came out. a political to risk. take a look at what is happening across the few markets that are open right n

shery: you're watching daybreak asia. u.s.s posted their biggest back-to-back advance and a month on the heels of better-than-expected corporate earnings, and the surge in energy producers. --w jumps to a 15 month high crude jumped to a 15 month high. this comes after the successful opec planned cuts. chairman of a group has been indicted for embezzlement. prosecutors say his actions cost more than $150 million. they also indicted his older brother for financial crimes. prominente most figure to face trial since either team. dust 2013. presidential candidates are prior debts are preparing for the third and final debate. hillary clinton holds a 9.8% national lead over trump. this comes after donald trump salute will it -- lewd comments about women and allegations of sexual assault. our live coverage begins in one hour. has hit thea northern philippines with wins at 260 mouth -- kilometers per hour. it is a category five storm eight kilometers wide. the philippines raised its typhoon warning to the highest warning for northern a

vonnie: that was jake klein speaking on "daybreak asia." looking at the best buys in the biotech sector. ♪ -- ie: david: this is bloomberg markets pad i am david gura. vonnie: i am vonnie quinn. time for options in said. julie hyman. julie: scott bauer joins me from the co we in -- cme in chicago. options todayat ahead of tomorrow's jobs report -- or lack of action, what stands out to you in the market? our people setting up? mr. bauer: it seemed like people were trying to buy detection early on. that waned throughout the day. like you said, there is almost this lack of action now going into tomorrow, and i, kind of get the feeling, julie, that the marketplace in general's expecting a strong number tomorrow, and that the potential rate hike in december is starting to get priced in. as it gets pricey -- we had been on the track that good news was used as bad news. when a rate hike was priced in, that could affect equities. is that the mindset you are saying? mr. bauer: i would say that was the case up until a few weeks ago, and now i feel pe

daybreak europe" stay tuned. ♪ ,l anna: the worst slump in seven weighinghina exports on asia, sending the yuan to a six-year lowrs listen to janet yellen regarding holding rates, but supporters say it was a close call and hike is needed relatively soon.and wells fargo ceo public outcryto over the fake accounts scandal. ♪ a very warm welcome to

daybreak. --l me how you see the world glass half-full or half-empty. a nice dynamic in asiaecially in china as a matter of fact. on the innovation side. i think they are taking it very seriously. we are seen in the last 18 consultationicant in chinese companies in terms of creating their own portfolio. -- their own portfolio solutions. related to europe, it is soft. on america, it is a question of mood. there is a lot of dynamic in america including even local manufacturing. and a lot of innovation. for us in america it is more a question about how fast we can diversify into new set ears especially life science. there are different -- in different parts of the world. let us go with the positives. guidanceupgraded your raising your eps targets. is it the china story giving you the tailwind? two factors. inong asia and the expansion multiple injuries. there is an interesting phenomenon going on across the world which is mixed between industries. usually we have high tech. aerospace. and now there is a fusion. what is happening with connected cars. the boundaries between tech a