let's go to first word news with haslinda amin. slinda: china's official factory gauge rose to a five-year high, indicating cleaning up the financial sector and the environment on the year, hitting the economy. frommi rose to 52 points 61.7 a month earlier and beat expectations of 51.6. and this survey slipped to 51. china's central bank announced a cut in the amount of cash assets as reserved from next year. does that apply to major banks? 90% of city commercial banks and 90% of rural commercial lending. cuts will range from 0.5 to 1.5 percentage points depending on how much business banks conduct. lenders will be available if they meet the requirement. south korean exports rose to a record last month, the latest sign that trade is underpinning momentum in the global economy. shipments abroad rose for an 11th month, up 35% from a year earlier, driven by demand for semi conductors. it was also beating expectations showing south korea is surviving the war of words between washington and pyongyang. elon musk as a new vision for global

haslinda amin ihaslinda amin am in singapore. -- i am haslinda amin in singapore.iness covering ridesharing, logistics, and financial technology. nadiem makarim is today's highflyer. ♪

higher, but before we take a closer look at the markets, let's get to the first word news with haslinda amine. haslinda: catalonian leaders are calling for international mediation in the separatism dispute with spain. hundreds of people rallied outside the main police station in barcelona a day after a violent crackdown by riot police trying to stop the referendum. the catalonian president says he will file a complaint after offices fired rubber bullets and be protesters on sunday -- beat protesters. opec's campaign to curb oil supplies took a hit last month as libya's biggest field returns to production. qatar's output was 2.8 million barrels a day in september, a rise of 120,000 from august. libya and nigeria have been exempt from restrictions because of years of unrest and violence. compliance among nations who agreed to curb production fell to 82% from 88% a month earlier. shinzo abey shows losing some support ahead of japan's snap elections. the poll has the approval rating for his administration falling seven points to 37%. the disapproval rating has been eight points to 44%. support f

. ♪ >> i am haslinda amin with the latest first word news.ia's government launched its majority after the high cannotuled the deputy pm sit in parliament because he holds dual new zealand citizenship. they can rely on the support of independent lawmakers ahead of a majority see, which he will seek. nissan said to have conducted 40 internal safety inspections as far back as 1979. a source tells bloomberg it will be in our report from an external investigation team. they're likely to take responsibility. it will be submitted ahead of the november 8 announcement. nissan confirmed the investigation and said it will be released at an appropriate time. the u.s. is stepping up sanctions for north korea, imposing restrictions on senior military officials and the labor minister. andjong-un's council another targeted by the new measure. the campaign to get him to abandon nuclear weapons will be on the agenda, when president trump visits japan, south korea and china next month. global news 24 hours a day, powered by more than 2700 journalists and analys

i'm haslinda amin. i first spoke to joko widodo when he was the governor of jakarta.nd then again the following year. now he is taking me to his they -- plan to boost the economy, making it one of the strongest in the world. this is indonesia: jokowi's vision. ♪ haslinda: indonesia's president joko widodo has pledged to remake every inch. it is one of 10 areas. that means infrastructure like airports and roads, including some of the 1000 kilometers of national toll roads. adding to the challenge, the fact that indonesia sprawls across 17,000 islands and is home to several live volcanoes, including one place where people were recently re-house after an eruption. jokowi has implemented a raft of business reforms. over the next 30 minutes, we check in on the progress of his vision. three years into your presidency, do you think you have fulfilled your promise to bring growth and prosperity to this nation of 250 million people? president widodo: indonesia is a big country with a total population of 250 million people. we want, of course, all leaders would like to bring pr

i'm haslinda amin in singapore.n't fly much higher than the cofounder of airbnb, nathan blecharcyzyk, today's highflyer. airbnb has listings in nearly every country on the planet, a trailblazer of the sharing economy. nathan blecharcyzyk is today's highflyer. financially self-sufficient at

. ♪ hello.da: i am haslinda amin in singapore.much higher than the cofounder of airbnb, nathan blecharcyzyk, today's highflyer. airbnb has listings in nearly every country on the planet, a trailblazer of the sharing economy. nathan blecharcyzyk

i'm haslinda amin in singapore. began looking to harness the earning power of indonesia's motorcycles. then came go-jek's business covering ridesharing, logistics, food, and financial technology. nadiem makarim is today's highflyer. ♪ haslinda: still in his early 30's and in control of a billion dollar business, it has been quite the ride for nadiem makarim. go-jek has grown to become indonesia's leading mobile on demand platform. the ridesharing app now controls 95% of the online food delivery market. go-jek employs 300,000 riders, dominates the same day logistics market, all achieved in just two short years. ♪ haslinda: nadiem makarim, welcome to "high flyers." good to have you with us today. nadiem: thank you for having me. haslinda: go-jek is a play on an indonesian word which is a motorbike rider. how did it come about? it has to do with harvard? nadiem: yes, when i was in business school, we had an independent study project. i had this idea that i always wanted to do, and so i did it first as a school project.

i'm haslinda amin in singapore.ing to harness the earning power of indonesia's motorcycles. then came go-jek's business covering ridesharing, logistics, food, and financial technology. nadiem makarim is today's highflyer. ♪

i'm haslinda amin in singapore. of indonesia's motorcycles. then came go-jek's business covering ridesharing, logistics, food, and financial technology. nadiem makarim is today's highflyer. ♪

♪ hello.da: i am haslinda amin in singapore.hey don't fly much higher than the cofounder of airbnb, nathan blecharcyzyk, today's highflyer. airbnb has listings in nearly every country on the planet, a trailblazer of the sharing economy. is today'sharcyzyk highflyer. financially self-sufficient at 14, able to make his own way through harvard, nathan blecharcyzyk always knew he wanted to be an entrepreneur. the company he started in 2008 is now valued at more than $30 billion. a chief strategy officer at airbnb, nate overseas operations from the company's san francisco headquarters, the company which through the sharing economy could further shape our lives. ♪ hasalinda: nathan blecharcyzyk, welcome to high flyers. good to have you with us today. thanks. hasalinda: you know, airbnb, it was a model that was never meant to take off. it was a model against everything your parents taught you. never bring strangers into your house. here you are, one of three cofounders. take us through the early days. nathan: that's right. this doesn't

i'm haslinda amin. i first spoke to joko widodo when he was the governor of jakarta.now he is taking me to his they plan to boost the economy, making it one of the strongest in the world. this is indonesia: jokowi's vision.

i'm haslinda amin. i first spoke to joko widodo when he was the governor of jakarta.d again the following year. to his theyking me plan to boost the economy, making it one of the strongest in the world. this

i am haslinda amin. this is bloomberg.king ahead, japan's political leaders hold their soul debate later this hour. how the election could affect corporate japan and boj policy. yvonne: up next, westpac's out with major currency, the dollar rose for the third straight week. this is bloomberg. ♪ ♪ >> we about half an hour into the trade right now in sydney this morning, you can see the fx there up about 4/10 of 1%, the markets have been open a little over 15 minutes. this is "daybreak: asia." i am betty lou in new york. yvonne: and i'm in hong kong. north korea is prepared to test a long-range missile. there are chances of a rate hike in december. let's talk more about this in sydney, where our strategist is. good to see appeared. a lot of things moving the dollar at the moment. first it was who the next fed chair will be month and you have hourly earnings and the jobs report. then you have these kind of, for the storm comments coming from donald trump. can we trust the dollar rally at the moment? >> i think you have to hav

i am haslinda amin with the first word news.tagon is asking private companies what they know by using computers to analyze images to speed up the detection of potential threat. later this month, they will host a seminar to learn more about algorithms. inspectors include lockheed martin and others. washington has warned -- renegotiate a trade deal with the trump administration, blamed for widening the u.s. deficit. the president has threatened to rough it if seoul does not agree to the demands. [indiscernible] saudi arabia says cooperation marredssia has made opec optimistic, then it has been for years. visit to moscow highlights the warming of relations between the two nations as they take actions. as the king met president clinton, brent crude rose for the first time in eight years. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. >> i am sophie kamaruddin with a check on the asian market. good vibes going into the weekend. equities set for the best week since mid-july.

i am haslinda amin in singapore.y much higher than the cofounder of airbnb, nathan blecharcyzyk, today's highflyer. airbnb is listed in almost every single country on the planet. a trailblazer, he is today's highflyer. ♪ financially self-sufficient at 14 years old, able to pay his own way through harvard, nathan always knew he wanted to be an entrepreneur. the company he started in 2008 is now valued at more than $36 billion. a chief strategy officer at airbnb, from the company's san francisco headquarters, the company to which sharing economy could further shape our lives. ♪ haslinda: nate, welcome to "high flyers." good to have you with us today. nathan: thanks. haslinda: airbnb, it was a model never meant to take off. it was against everything your parents taught you. never bring strangers to your own home, but here you are, one of three cofounders. take us through the early days. nathan: that's right. this didn't start with big business ambitions. we were solving our own problem, how to pay the rent. haslinda: br

i am haslinda amin. this is bloomberg.unting down to the market open in japan this morning. korea also, hong kong and china, india closed for holiday. equity futures in the green, slightly positive. let's get more with sophie kamaruddin. we are seeing records, the tankan survery coming out any time. scarlet: ahead of the -- sophie: ahead of the tankan survery, we are seeing futures edge higher for the nikkei 225 and more from the yen losing momentum today. the dollar is holding on to its gains ahead of yellen's speech on wednesday. the yen has lost 2.3% in september, the first monthly drop or the currency against the dollar in three months. yvonne: looking at specific stocks, mazda and toyota, the partnership has been the ev raise. the more carmakers jumping on board, what do we know? sophie: suzuki might try to get involved with this ev venture, taking a 5% stake. there is speculation subaru might be joining the bandwagon and the ev venture, toyota has a 19% stake. the recent developments, the nikkei is reporting mazda lo

you can catch haslinda amin's exclusive interview.eems like japan can escape mother nature's fury these days. a storm is expected to make landfall this weekend days before the sunday election. the electionsway on sunday? i'm yvonne man in tokyo. kathleen: they have umbrellas and all kinds of things. maybe it won't be as that as we think. it is a lovely evening. let's get to first word news with juliette saly. president trump completed his interviews for the fed a job and his closest advisers are said to be steering him towards these two candidates. mike pence and the steven mnuchin want it to be trump powell or john taylor -- jerome powell or john taylor. an announcement is unlikely this week. eu leaders say the u.k. has offered more on brexit than before. merkel saidngela while theresa may once , they have signals not changed their stance. tradere expected to move by september and she sees it zero expectations the brexit talks won't succeed. rex tillerson says there is little hope that the standoff qatar will end soon, blaming the fo

in an exclusive interview, he told haslinda amin that he is taking private investment to fire up southeastnesia's national interest must remain the number one priority. but to say indonesia's protectionist, it is not. i say indonesia is open. indonesia welcomes investors. i say we want openness and competitiveness. we have opened many to foreign investments. wo, ork it is not one, t three, but many. it shows indonesia is open. haslinda: what reforms can we expect? what is your priority? we will keep opening more sectors for foreigners to invest their capital, their investment in indonesia. it is true our concentration is still on those related to manufacturing industry, film, cinema. why not? later, in the creative industry. yvonne: you can catch more of our exclusive interview with indonesia's president on our special program, coming up this friday on bloomberg television. betty: that's a pretty place to hold an interview. [laughter] that is it from "bloomberg daybreak: asia." markets coverage continues with rishaad and haidi next. standby for "bloomberg markets." much more ahead. this is

our guest spoke to a haslinda amin about the risk of the digital money. >> wanting to separate it fromgy, you take them two currencies on its own. our attitude is, keep an open mind. there has been excessive hype as people see it merely as an investment vehicle that will rise in value. that is a negative push toward cryptocurrencies. they have potentially good applications, in particular, use cases. it is not so much a cryptocurrency or its value that is important, it is application it is use. can they make payments, for instance, cheaper, faster, more efficient, for migrant workers that send money back to their villages? if it is going through blockchain technology using cryptocurrency, could there be benefits? that ought to be the question, not whether or not it is going up in value. >> do you see a need to regulate it soon, given there are murmurs out there that singapore could be an attractive place for , given the lack of regulation? >> i think we have all taken the approach the currency itself does not pose the risk of regulation. we look around the currency and decide what regul