shery: welcome to daybreak asia. i am shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. major markets are opening in asia. inflationary pressures with china's export surge and optimism on covid treatments. beijing's crackdown hits the softbank vision fund portfolio. tesla shares taking pressure after elon musk twitter followers tell them to sell 21 billion dollars worth of stock. shery: we are seeing -- sophie: we are seeing moves in japanese stocks. after the u.s. congress passed a one point $2 trillion infrastructure bill on friday to repair and rebuild bridges and roads in the u.s.. we have the yen trading in the 113 level. you can see a push to 115 according to our colleagues at the fund marketing. we have seen a shift in the inflation outlook about that as well. keep an eye on the reaction to the opinion for the october meeting. the economy is likely to recover with pent-up demand. we have seen a messy travel rebound in japan that has helped spur recovery for japanese airline. recover for doors of pfizer's antiviral pill. in s

haidi: welcome to daybreak asia. where counting down to the market open. -- we are counting down to the market open. shery: our top stories this hour. the stakes are high as president biden and xi jinping old virtual talk -- hold virtual talks to ease tension. boris johnson calls it a game changer, some more and it pushes the hardest decisions into the future. key economic data from china with an eye on volatility in the bond market. we have breaking news. haidi: southwest gas naming 10 directors in an effort to do so. we have seen them threatening legal action on this front. the billionaire investor is opposing the energy plan to buy a company. he is to nominate 10 directors to replace the entire board. he holds a 4.9% stake in the company. they announced a deal to acquire a pipeline company last month. the stakeholder criticized the decision saying that he has been overpaying for the asset. we will continue to watch that. we are seeing that intensified battle there. trying to replace the entire board at southwest g

plenty more to come on "daybreak: asia."his is bloomberg. ♪ paul: a quick check of the latest business flash headlines. alibaba with an outlook for sales, china's top -- short of the 27% analysts were expecting. alibaba says it will continue building features to retain customers. sales missed estimates for second straight quarter and drops more than 80%. jd.com sales beat estimates, revenue climbed to 34 billion, slightly higher than expected. reports net losses of about 400 million, falling short of expectations of a small profit. they have increased to diversify beyond its additional strength in consumer electronics. india's largest digital payments provider lost more than a quarter of its value, heading for one of the worst ever debuts by major tech company. a 26% plunge surprised even some skeptics who question the company's valuation. the offer was india's biggest ever ipo. cvc capital partners, valued at around $5 billion, marking one of the biggest carveouts by european companies. demand for tea has suffered in recent

>> welcome to daybreak: asia. i am haidi stroud-watts and cindy. >> -- in sydney. >> i am sophie kamaruddin in hong kong. >> i am shery ahn. a growing amount of market watchers say the fed may have to speed up its timeline. asian stocks set to follow choppy u.s. trading session. plus president biden and xi jinping begin their virtual summer shortly. -- summit shortly. taiwan is a topic set to dominate. >> asia is seeing a drifting start. a directionless session. tesla is nearing their market territory. that is what to watch when it comes to the supplies here in asia. this is what we are seeing when it comes to the a6. .1% at the last trade. we are seeing new zealand softer by .1%. we are just one hour away from the start of trading. s&p futures are looking pretty flat at the moment. we are watching bond markets regionally. all of this amid concerns that we will continue to see inflation move quicker. we have already seen some of those moves in this part of the world. we are getting these minutes. we are speaking a

haidi: that is it for daybreak asia.we look ahead to the start of trading in hong kong, shanghai and shenzhen. bloomberg markets china open as -- china open is just ahead. ♪ ♪ yvonne: 9:00 a.m. in beijing and shanghai. welcome to "bloomberg markets: china open." i am yvonne man. david: good morning, i am david ingles. let's get to your top stories. today the fed warning on risking asset prices will also concerns about crypto and singling out the china property

we have plenty more to come on "daybreak: asia." bloomberg. ♪ haidi: let's get a quick check of the latest business flash headlines. airlines plans $1.5 billion of new capital to keep flying as thailand reopens. it is making about half of that from existing creditors and financial institutions in half from the government. thai air i s under a court mandated structure and program to pay down $5.1 billion in debt after record losses during the pandemic. internation flight carrier -- needs $1 billion of additional funds to keep flying. the government said it is open to giving up the majority control of the airline in order to raise funds. according to a minister, they are in talks with creditors to restructure $6 billion worth of debt and expects to reach an agreement in the second quarter of 2022. softbank is said to be considering selling fortress investment group. it acquire the asset manager four years ago to manage its vision front. softbank was not able to mesh fortress's operations with his own because of u.s. regulatory hurdles

much more to come on daybreak asia.s is bloomberg. ♪ rg. ♪ >> consumer confidence recovery on foot here in australia. the consumer confidence is engaged coming in at .6 of 1%. the index when it comes to the headline number at 105.3 stronger than the 104.6. and major cities including here in sydney and melbourne. well in the meantime, we are continuing the fallout from ships, to toys, to coffee. we go to the latest. >> these are the top stories. on the semiconductor front, t.m.c. is expanding to japan. the chip maker will build a plant there with the help of sony and governments are trying to boost manufacturing capabilities and shifting to china where inflation numbers. october factory numbers and are rising at the fastest price and amid the commodity boom. and a spike will impact businesses and battling weak demand. president biden spoke with the c.e.o.'s of companies critical. wal-mart, fed ex and target that store shelves will be stocked for the holiday season. ongoing supply chain disruptions and higher food and ene

lots more to come on daybreak asia. this is bloomberg. ♪ vonnie: this is daybreak asia.n. bloomberg opinion columnist is urging the fed to acknowledge that inflation is not transitory. he also told fox news sunday it's time for a change in policy and a new person in charge at the u.s. central bank might have found it easier to alter course. jerome powell has been renominated as fed chair last week and repeatedly said the fed is underestimating inflation risk. japan's retail sales increased for a second straight month, advancing 1.1% in october from the previous month and beating economist forecast. the numbers add to signs that households are resuming spending after a 30's listed an extended state of emergency. japan needs household spending to support the recovery as global supply chain destructions soften momentum from the export oriented industries. hondurans have voted in presidential elections that may upset the national party's 12 year rule and ends the nation's alliance with taiwan. the wife of a former president has been leading the polls. while the scandal hit r

. >> welcome to "daybreak: asia." u.s. stocks extend record highs, the bond curve steepen's, after the fed is in no rush to raise rates. a geopolitical showdown, as washington demands loyalty keep a lid on inflation. plus, why masayoshi son is struggling to keep partners happy, while many had for the exits. >> the start of trading in sydney, the staggered open for the asx 200, very little change, a 10th of 1% higher, this, as the fed saying they would be patient as they can on inflation, if needed. asian stocks broadly looking to see gains on the back of new record highs for u.s. equities, after that expected tapering plan was unveiled. stocks looking flat, kiwi stocks flap, chicago coming back online after the holiday. 3/10 of 1% higher for the future session. s&p futures look set for further gains, a 10th of 1% higher. >> you said it. we saw the fed releasing policy, that commitment towards remaining accommodative. it seems markets were happy with that. they gave their approval with the s&p 500, all indices closing at re

. ♪ shery: welcome to "daybreak: asia." haidi: asia's major markets have just open for trade.r, corporate profit margins hold up despite inflation and supply chain pressures. investors are also looking ahead to the fed, scaling back on asset purchase programs. and will hear exclusively from one ceo. shery: south korea coming online, health care and consumer discretionary, leading the gains. we have utilities and material weighing the index. this coming as the korean won is now under pressure against the u.s. dollar. it was leading the gains among asian peers in the last session because we got inflation numbers out of south korea reaching that level for the first time in almost a decade. and the minute showing a majority of board members agreed to keep raising interest rates so we do have that pressure on the korean won. jet -- japanese yen holding steady after rising ahead of the public holiday today. traders positioned for the fomc as well. haidi: we are seeing an update when it comes to trading here in sydney. almost every sector trading in the green at the moment, up by jus

comcast business powering possibilities. ♪ yvonne: welcome to "daybreak: asia" from bloomberg's asiaers here in hong kong. paul: korea has just opened for trade. banks set to dominate trading. the rbnz tells us it will keep removing stimulus to keep removing domestic price pressures and hong kong plans to open its border to mainland china just as a new worrying variant of the virus is detected in the city. yvonne: we are seeing a bit of a risk obsession here when it comes to south korea as well. they are considering strengthening from these quarantine measures as well as we continue to deal with these flareups in covid, also when it comes to market moves, we are still dealing with a little bit up risk assets and a bit of trouble today. the nikkei lower. the japanese yen, that reversal a little bit when it comes to that yen weakness, but we are still hovering around one 15.09. new boj board members saying inflation is creeping up finally in japan. take a look at when it comes to the open. we are focused a little bit more on what is going on with this rotation, the likes of socgen sayi

asian-pacific ceo says they will invest in asia and the medium to long-term trend remains up despite regulatory crackdowns. they were with us earlier on daybreak gone to our strategic review and it is clear that one of the clear things you want to focus on as a leading block manager. within that end, asia is very critical. in asia, we will continue to invest. we want to grow and they sit on the strength that we have. asia has clearly been one of our fastest growing engine for the firm globally. asia will have a critical and important decision making in various part. client selection, etc. they will continue to be growing in asia for us. anchor: how will this change reflect the importance of asia? wouldn't you be losing some competitive edge with some decision-making? >> we have a strong starting point. asia makes up about 19%. it is very clear as mentioned by our ceo. asia will continue to have a critical point. our resources allocation and so on. we will invest and a relationship manager for example, they jobs will come to asia and we will have increased balance sheet lending and the wealth management side. asia will have a bigger share of th

that is it for daybreak: asia. to the start of trading in hong kong, shanghai and shenzhen. ♪ switching wireless carriers is easy with xfinity. just lean on our helpful switch squad to help you save with xfinity mobile. they can help break up with your current carrier for you and transfer your info to your new phone. giving you a fast and easy experience that can save you hundreds a year on your wireless bill. visit your nearest xfinity store and see how the switch squad can help you switch and save. it's the xfinity black friday sales event. learn how to save up to $1000 on select phones by visitng your local xfinity store today. david: good morning. welcome to "bloomberg markets: china open." we are counting down to the open of trade on the chinese mainland and here in hong kong. yvonne: retiring transitory fed jay powell paving the way now for a faster taper and potential rate hikes. >> the word transitory has different meanings to different people.

daybreak: asia is next. this is bloomberg. ♪ shery: welcome to daybreak asia. counting down to asia's major market opens. agent traders have new records ahead of key banking decisions by the rba. singapore's monetary authority will act on inflation. we hear from the chief. india's surprises

this is bloomberg. ♪ >> welcome to "daybreak asia", i'm haidi stroud-watts in sydney. >> asia's majore opened for trade. our top stories this hour. asian stocks rise after wall street rebounds as worries over the omicron variant. still risk on and bond market with jay powell warning a risk could hit -- stronger developer tries to sell investors on a debt swap. >> we do have breaking news. we are hearing that the hedge fund has asked them to separate the call business to add more value to shareholders, saying it has become a pair years to investment saying that the commodity giant could realize more value for shareholders as it separates the business and supervise its asset base and discloses the asset and the government issues. partners are making the demands for the company that has been cited by bloomberg. they have seen no further comments when it comes to that, other than what we saw beyond the letter, saying that glencore engages regularly with its investors. this comes as we just hear from a new report that glencore australian coal mine has been revealed in this new report as a

haidi: welcome to daybreak asia.nting down to the market open. -- we are counting down to the market open. shery: our top stories this hour. the stakes are high as president biden and xi jinping old virtual talk -- hold virtual talks to

daybreak: asia is next.the aussie dollar holding steady into the start of trading of equities in sydney. this is bloomberg. ♪ >> a good morning. we are counting down to major market opens. >> welcome to "daybreak: asia." u.s. stocks extend record highs, the bond curve steepen's, after the fed is in no rush to raise rates. a geopolitical showdown, as washington demands loyalty keep a lid on inflation.

shery: welcome to "daybreak asia ." president biden stays the course, tapping jerome powell for a second term as fed chair, while picking his deputy. we speak exclusively to the atlanta fed chief in a few minutes. we will ask raphael bostic about his inflation outlook. also ahead, opec-plus warns the may taper supply increases if the u.s. and other nations release crude reserves. haidi: let's take a look at how we are setting up for the start of trading in sydney. this as asian investors wake up with probably some relief but it the continuity candidate president biden has picked to continue leadership at the fed. full steam ahead when it comes to the fed tightening with the rate hike, debt, and the acceleration of the tapering program. about .9% when it comes to trading in sydney here as we get that session underway. in new zealand we are seeing upside of about .5% going into rbnz decision week. the hike is already priced into markets. kospi futures looking very robust at 2.3% higher and s&p futures looking like a littl

paul: welcome to "daybreak asia". investors weigh the risk of faster tapering after the latest fad minutes -- the latest fed minutes. shery: weighing a potential rate hike in south korea, with visions that the bok may turn hawkish in the year ahead. jp morgan goes into damage control, ceo jamie dimon saying he regrets his comments about china's communist party. paul: we just opened for trade in sydney. let's look at the asx, a couple of points higher. we have the staggered open in australia. stocks are coming off-line in alphabetical order, so we will give that a few minutes to get going for we can make a call. new zealand has been trading for a couple of hours, currently higher by 0.25%. we had some trade balance numbers for october out of new zealand earlier, $1.3 billion surplus, a bit weaker from september. take a look at the nikkei futures, currently looking kind of flat. a little later on, we will be. -- a little later on, we will be having a bank of korea meeting. we are expecting a rate hike. economists survey

go to golo.com to get yours. ♪ shery: welcome to daybreak asia. >> i am paul allen. arkets have just opened. top stories, the hottest u.s. inflation in 30 years set to weigh on risk appetite. treasury yields sore on expectations of faster fed rate hikes. xi jinping on the cusp of -- with a landmark resolution expected. the alibaba singles' day underway with subdued prospects. tencent crackdown harboring growth. shery: look at the nikkei, under a little pressure, mixed for the nikkei with tech and materials leading the declines. industrials and utilities higher, but not enough to put nikkei into positive territory. we just got the producer price numbers with data coming in above expectations of 8% growth year on year. not surprising given the commodity surge, weaker yen, in line with the global inflationary picture. we are watching the japanese yen, it is around a one month high. returning to our 114 range in the last few days. we are watching jgb after the rise in u.s. yields. we saw the superlong sectors bought in anticipation but there won't be increase in debt supp

haidi: hello and welcome to "daybreak: asia." sophie: we are counting down to asia's major market opens. shery: i'm in singapore for day two of the new economy forum. agent stocks set to slip on inflation worries. oil tumbles to near six-we close while investors await news on the release of a six-week reserve. plus, the u.s. seeks dialogue with beijing as concerns mount over china's growing nuclear arsenal. haidi: let's take a look at how we are setting up here on the start of market trading in sydney. sophie: we are seeing little change, though, but we could see downside pressure. we are watching evolution expending to copper. rio shares also worth watching, but potential commodities downturn has ing warning of downside risk for the aussie dollar pulling markets below that level thursday and we are keeping and i -- keeping an eye on briscoe steel as well. we are seeing it off by about 1.5%. the kiwi dollar holding steady just ahead of a reit on inflation expectations. checking in on the offshore you on, holding below 6.38, closi

plenty more to come on daybreak: asia, stay with us. erg. ♪ vonnie: this is daybreak a shower, i am vonnie quinn with the headlines. xi jinping has won a mandate for potentially link for life. he delivered the first doctrine by attorneys leader in 40 years, joining moshe dong and one other. -- as a dong and one other. -- mao zedong and one other. a hong kong judge has jailed a man nearly six years for attending -- chanting a band protest slogan. the 31-year-old was dutch we did not guilty. he says he does not regret his actions. mexico central bank raising by a quarter point. there's is led by governor alejandra who is seeking -- even as it accelerates faster. in peru also tightening policy after inflation -- ray dalio morning but the effects of inflation on real wealth. he says some people make the mistake of thinking they are getting richer. but they don't see their buying power is being eroded. he added the ones most hurt or those with money in cash. he says there are better assets to hold. global news 24 hours a day, on air and on bl

daybreak australia. >> we are counting down to asia's major market opens. >> good evening. the top stories. china hosts a record -- exports in october surging despite global supply chain disruptions. asian investors start the week off watching for clues in inflation and the economic recovery. >> and sell, that is the verdict from elon musk's twitter poll. this is a feature -- was the longest winning streak since august. we also have treasury surging after the u.s. payroll data exceeded expectations. oil fell for a second week. we did see u.s. and saudi arabia's bar over prices though we saw a little upside in the friday session. it was all about the data point that we saw on friday. job creation coming in stronger than expected. 531 thousand. looking better for private sector payroll. if you can bring up that cwe cae seasonal adjustment, this is the biggest gain in payroll since last october. this is a little bit of playing catch-up to the report over the last two months. a relief to the fed and the white house. suggesting the weaker august and september reports were because of the delta va

haidi: that is it for daybreak asia.look at the start of trading as asian markets are flipping on virus and fed concerns. china open is next. this is bloomberg. ♪ every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. only comcast business' secure network solutions give you the power of sd-wan and advanced security integrated on our activecore platform so you can control your network from any

shery: welcome to "daybreak: asia." the hottest u.s.nd in 30 years is said to wait on agent risk appetite. treasury yields search -- surged across --

shery: welcome to daybreak asia. i'm a shery ahn at the new brake economy forum in singapore. ng a look at the major market openings across asia -- the bloomberg new economy forum beginning this hour. traders waiting gains in u.s. years and treasury yields after strong u.s. consumer data, but inflation still looms large. a call for more hawkish central-bank policy to offset pressures. shery: plenty of big name guests coming up at the bloomberg new economy forum. trade minister damien o'connor, u.s. commerce secretary gina raimondo and many more. inflation and supply chain issues are in focus. david solomon and the ceo of dbs all weighing in. we have a big interview with the prime minister of singapore rounding out later today. south korea and japan coming online. let's turn to sophie for how the markets are kicking off. sophie: the nikkei extending gains for a fifth straight day as stocks are hitting fresh record highs like toyota and nissan. this is a package from the government set to include measures to shore up japan's domestic supply of semi conductors. we also have octobe

haidi: hello and welcome to "daybreak: asia." counting down to asia's major market opens. shery: i'm in singapore for day two of the new economy forum. agent stocks set to slip on inflation worries.

quite we do have lots more to come on daybreak: asia. bloomberg. ♪ >> here is a quick check of the latest business flash headlines. jp morgan has been named the most systematically important bank. it is the only bank on the left facing a capital buffer of 2.5%. this is based on data from 2020 and largely reflects changes in the bank's underlying activity. >> they are considering boosting this after $12.2 billion bids were too low. they have received a primary bid of 50.5 zero cents percent -- per share. they own about 24% of telecom. long for his considering an ipo and hong kong which good raise as much as a billion dollars. it could list as soon as the firth -- first half of 2022. they are weighing the new listing at a time when chinese developers are facing an unprecedented liquidity prices and home prices and sales have begun to slide. best buy shares tumbled after the company warned its profit margin was being hit by a spike in the organized robberies. burglaries by large groups of people running into still items had also been trauma

daybreak: asia is coming up next. this is bloomberg. ♪ moving is a handful. no kidding!-easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. so many people are overweight now, and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. haidi: i am haidi stroud-watts in sydney in the markets of just open for trade. shery: i'm shery ahn new york, asian traders relentless u.s.

. ♪ >> hello and welcome to "daybreak: asia." i'm paul allen in sydney.are counting down to ages market open. shery: it's day three of the bloomberg new economy forum. our top stories this hour, big tech drives the s&p 500 to a new record as traders see more volatility ahead of

. >> welcome to daybreak: asia.roud-watts and cindy. >> -- in sydney. >> i am sophie kamaruddin in hong kong. >> i am shery ahn. a growing amount of market watchers say the fed may have to speed up its timeline.

we check out the economy right here on daybreak: asia europe." -- daybreak: europe."us: i'm manus cranny on tour in singapore for the new bloomberg economy forum. it is day two and conversations are ongoing. we will bring you the top conversations from the day, also, the european business summit. the focus in brussels is going to be on increasing digitalization and the shift towards sustainability. we will get another market moving event, potentially the turkish central bank. it comes in the wake of the country's slumming -- slumping currency. the imf form is happening at 2:00 p.m. u.k. time the theme is measuring the division of climate change. and the cop 26 meeting is going to be pivotal. i want to turn back to turkey. the president has made it clear that he wants lower interest rates. economist except -- expect the central bank to deliver. but that is likely to come at the expense of the currency and price stability. the eighth day in a row. down by nearly 11%. kristine aquino can put the context around that. this is demolition on this currency. is there any risk

that is it for "daybreak: australia" daybreak asia is next. ♪ moving is a handful. no kidding!ly, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. >> good morning. i'm haidi stroud-watts in sydney. >> i'm shery ahn in new york. our top stories this hour. ages trading week set to begin in risk off mood. -- signs of beijing's discomfort with the rapid rise. speculation on currency trading.

shery: welcome to "daybreak asia ."tays the course, tapping jerome powell for a second term as fed chair, while picking his deputy. we speak exclusively to the atlanta fed chief in a few minutes. we will ask raphael bosticbo

paul: welcome to "daybreak asia".gh the risk of faster tapering after the latest fad minutes -- the latest fed minutes. shery: weighing a potential rate hike in south korea, with visions that the bok may turn hawkish in the year ahead.

. ♪ haidi: hello and welcome to "daybreak asia." i am haidi stroud-watts in sydney.good evening from new york. i am shery ahn. the fed warns risky asset prices rises makes susceptible to bigger crashes. it also flags crypto and the china property sector.

haidi: welcome to daybreak: asia. sophie: we are counting down to the major market opens.: i am here where global leaders are gathering to discuss challenges facing the new economy. let's get to the markets.

shery: this is "bloomberg: daybreak asia."hite house as opec and its allies are putting the global economy at risk after they rejected president biden's pleas to high production by more than planned. opec will raise supply by 400,000 barrels a day in december, setting pressure on oil demand from the coronavirus. u.s. asked for at least double that to alleviate high crude oil prices. the biden administration mandated covid-19 for all staff at u.s. companies with 100 or more employees. under the federal rule, workers must be fully vaccinated by january 4 or submit to weekly testing. those that ignore the rule will face fines. at least 70% of u.s. adult have received at least one jab. he wanted to turn new york into a crypto friendly city and a hub for growth and innovation. he also said he's looking to set up a so-called city coin cryptocurrency, similar to one recently launched by miami. a london court has allowed malaysia to continue -- it's role in the multibillion-dollar 1mdb scandal. malicious government challenged the 2017

. ♪ shery: welcome to daybreak asia. i'm shery ahn in new york.counting down to asia's major market opens. haidi: our top stories this hour -- asian investment -- investors look ahead -- evergrande possible against payment in months

that is every monday on daybreak asia. that is on sundays in new york.let us have a look at one business flash headlines we got. quite show ceo becoming the latest one to step back from a chinese company after a year-long campaign to rein in on excess. they will continue the day-to-day operations and continuing to look at what they will be doing. they are doing all this. they do have other people involved. they will be charged with the day-to-day oversight. they will be doing that. it went public nine months ago. stock trading below its ipo price. this is bloomberg. ♪ moving is a handful. no kidding! fortunately, xfinity makes moving easy. easy? -easy? switch your xfinity services to your new address online in about a minute. that was easy. i know, right? and even save with special offers just for movers. really? yep! so while you handle that, you can keep your internet and all those shows you love, and save money while you're at it with special offers just for movers at xfinity.com/moving. anchor: it is almost 11. rishaad: let us have a look at the top

you can get more on our interviews every monday on daybreak asia. 6:40 p.m.of new york. haslinda: time for a check of the latest business flash headlines. third quarter net income coming in at $1.3 billion. the taiwanese company sees shortages lasting until the second half of last year. toshiba is aiming to split into three separate companies by the second half of 2023 financial year as part of an effort to improve shareholder values. cooperations will be separated into two new publicly traded companies, one for infrastructure services and another for technology devices. the remaining business will hold stakes in memory chips and toshiba tech. another company signed a deal with a consortium. the agreement is just under $2.9 billion and gives shareholders to options. an all cash offer or an offer of $2.40 a share comprising a mix of units and cash. yvonne: taking a look at markets before we go, we are seeing markets off some of the highs we have seen but we are marginally higher after the data dump out of china which did look better than expected, perhaps sign

daybreak: australia." we are counting down to asia's major market opens. >> good morning. top stories this hour. new covid variant causes countries across the globe to ramp up restrictions while south africa indicates symptoms from the new variant have been mild. >> investors dumped everything from stocks to commodities last week. >> opec-plus is expected to take a cautious stance as they meet this week. >> omicron remains top of mind for investors but we are seeing some signs of a little pause in the frenzy panic he had from the friday session. some of this has been on the account of the positive news flow over the weekend. the south african president saying they have seen signs of this variant across all provinces. dr. anthony fauci saying it is likely more transmissible. we are also seeing signs of some of these curbs returning to asian countries including australia where there is a band from nine african countries was announced this weekend. >> let's take a look at how deep and fast was black friday. the s&p 500 losing 2.3 part -- 2.3%. a big rally in bonds. the 10 year bonds dropping -- bas

daybreak australia. we are counting down to asia's major market open. >> good evening, i am shery ahn. u.s. solid corporate earnings. more than 80% of companies have topped wall street estimates. >> the

daybreak australia. we are counting down to asia's major market -- major market shery: i stocks extend record highs and thesteepen after the fed signals it is in no rush to raise rates. haidi: qualcomm's rallies and surging demands and brightens

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daybreak: australia." i'm paul allen in sydney. >> we are counting down to asia's major market open. global stocks rise as signs of a stalled recovery in the u.s., jitters over inflation. goldman protects the fed will speed up its taper timeline due to price pressures. paul: we talked to the rbnz's assistant governor for the timeline on more aggressive policy tightening. yvonne: the u.k. revises its travel red list amid concerns of the new governor ivey is variant -- new coronavirus variant in the region. happy thanksgiving. we hope you're getting your turkey in. that is why we have a quiet mood in the markets as we count down to the open in asia. perhaps that is why we are seeing people heading to the shops or online for cyber monday or black friday. you look at the numbers and it is quite remarkable. adobe predicting when it comes to u.s. online holiday sales this year, it will total $189 billion. shattering all previous records. that is equal to two year's growth in one season. does inflation have to do with this? you pair that with the data we got out of this week from the u.s. w

asia-pacific region. >> hillary clinton with a warning about china. good morning from singapore. it is "daybreak europe" and these are the stories that set your agenda. calls for a fed hike next summer bringing forward the target. yields pickup with stocks mixed admitted china tech selloff. european covid cases sore. germany and greece restrict access to the unvaccinated to stem the rise. plus it is the final day of the bloomberg new economy forum. the key themes include china tension, climate change, and cryptocurrencies. warm welcome to the show. in terms of markets, i have decided to channel my inner robert frost. the road not taken. two roads diverged in a yellow wood, chinese equities and american equities. u.s. equities, you are looking at perhaps the second-biggest annual number of records since 1995. apple and tesla, who is going to win the electric vehicle war? the s&p 500 said to rise by another 11% even in an environment of reduced stimulus. you want to belong the cyclicals. the nasdaq up 0.5%, apple up 2%. 10 year yields grounded. if you want protection from the rising covid cases, d

daybreak australia. the market opening and just a few moments. this is bloomberg. ♪ ♪ >> we are counting down to asia'sopen. our top stories this hour, global bond yields tumbled, with investors pairing rate had like after the boe's surprise decision to hold. rejecting president biden's call for big production boosts, leading to speculation he wil