today they employ 160 staff to analyze data from the asian countries such as japan indonesia and vietnam their customers are government authorities and companies who are key. into person the best possible image for example the data analysts track coke customers perceive the products of a large cosmetics company by evaluating comments posted online so yeah they have this crisis but they're shampoo product there were a lot of consumer that complain about sticky. sticky hair like that shampoo is causing sticky hair so we put the keyword for a sticky had. under the name of the product and then we create a chart for them to see the movement of the whole timeline and whether it's going up or going down in contrast to germany's samurais business model is excepted here after all users have consented to the processing of their data. our job is not to own the data but. is on the life that followed a brand to understand it. no need to waste the time to talk something to the listening guy. interesting to hear so in we understand he's. easier. time land is undergoing a digital transformation under th

he later headed up large construction projects in japan indonesia qatar and canada before managing business in the middle east for a german company. it's a matter of you know if you want something badly you. can just have to educate yourself right now like knowledge is everybody has access to the internet even in african countries so you have to have to educate yourself and you have to go after a portrait is the best kind of spirit certainly fits well with portugal a country that's super start up friendly especially its capitalist webs reigning greats. a recent study shows this relatively small city has become europe's 5th largest stop for startups you need to hike. as an entrepreneur and startup lobbyist without the hype and the attention it generates it's hard to build a momentum to do something like this here. she 1st company factory is converting an old military building into a huge office space for tech companies she works closely with the portuguese government which has launched a major push to attract tech companies and start ups a new business visa makes entering the country easier

we carry products from thailand, japan, indonesia, vietnam, singapore and india.eep everything fresh daily. so a customer can get the best out a bit. >> normally during crab season in november, this is the first place i hit. because they have really just really fresh crab. this is something my family really likes for me to make. also, from my traditional chinese food, i love to make a kale soup. they cut it to the size they really want. i am probably here once a week. i'm very familiar with the aisles and they know everyone who is a cashier -- cashier here i know when people come into a market such as this, it looks like an asian supermarkets, which it is and sometimes it can be intimidating. we don't speak the language and many of the labels are in chinese, you may not know what to buy or if it is the proper ingredients for the recipe are trying to make. i do see a lot of people here with a recipe card or sometimes with a magazine and they are looking for specific items. the staff here is very helpful. i speak very little chinese here myself. thinks that i'm not

comes in from the greater china area, taiwan, hong kong, mainland china, and an obviously, japan, korea, indonesia in each one of these pacific rim countries. supply chain is our specialty. cross-border is our specialty. if you are a medium-size manufacturing in the u.s. looking to import or export to asia, you come to us because we are local in each of the countries that you may be looking to source your supply chains. david: you do trade finance, imports, exports, foreign direct investment. have you seen that drop off because of the tension between the u.s. and china over trade? noor: at the higher and we are following the market. in luxury real estate, for example, in the larger projects from some of the larger state backed organizations, we do see some pullback. on the consumer side, though, we see no fall in demand. on the individual or the middle market companies. that enthusiasm for investing in what is the most dynamic economy in the world right now, the united states, we have not seen a falloff in that. david: we are talking with noor menai, the head of the u.s. branch of ctbc. areou look

more recentlies australia, chile, south korea, brazil, china, denmark, all of europe, hungary, indonesia, japan, mexico new zealand, poland, russia, saudi arabia south africa, swift lan and turkey. there is indeed a global slow down, katherine, does the fed need to keep in step with other central banks? >> it is a reason to cut rates further but the u.s. economy is in far superior position than the countries you mentioned. u.s. is growing at solid clip. 3 q data is very good. we're far from deceleration that many called for recession and there is high business and consumer confidence and inflation is slowly but surely ticking up. i think we're a different animal compared to other countries. ecb is negative 50 basis points. negative .5% on deposit rate. that is tax on banks. we have to steer very clear dropping rates to zero and even worse, negative. charles: paul, pretty clear to me wall street is waiting for the q&a session despite the fact this would be a pause. if you hear the term pause, you would think we would be off at least 100, 200 dow point at knee-jerk reaction. are you surprised we'

indonesia's paradise island. i'm melissa chana welcome to news asia thanks for joining us we started japan and the in throne and of emperor not a veto back in may his father had abdicated the 1st abdication for the country in 2 centuries and the son had succeeded to the throne it turns out that was just the 1st step in a mall type step process a very ceremonial and traditional affair on tuesday a bigger event attended by royalty from around the world took place. and he is revealed sitting on the throne quite literally. followed by his wife and christmas also in that is a separate ghalia those invited to attend mostly watched from a distance only a few people were actually permitted in the state room to see hear his proclamation . sucking. all you know heritage imperial status based on jeff anees constitution. as well as on japanese imperial household law. i hereby proclaim in and outside of the country so that i have in throne night i say made us. japan's prime minister shinzo a welcome to not a tito to the throne feel she. can go ahead come up under. the known. so what do we know about and. the truth is not too m

indonesia. we are in china in japan. the economies fall within a continuum.onomies like the u.s. and europe already have a very strong installed base of bricks and mortar retail. e-commerce penetration is in the teens. it is growing rapidly. and some of the markets in asia where the established retail network has not been built in the bricks and mortar world, e-commerce penetration is much higher. the growth in that sector across the board is very significant. we shouldn't forget that littlerce, at most, is a bit over 20% of the entire business. estate is driven by consumption of all forms. including e-commerce. it's not entirely any calmer story. even though that gets most of the headlines. we are pretty basic aspect of growth in the economy everywhere. shery: here in the u.s., you compete with blackstone when it comes to those warehouses. we just had the blackstone vice chairman talking about the opportunities in australia. take a listen. >> we bought a bunch of retail. we have been net sailors -- sellers of retail. it has become an internet shopping destin

indonesia, to jakarta. to saigon and into china, to hong kong, korea, to japan, then down to manila. >> for the sake of millionsship we must never falter. >> washington, d.c. in a four-week goodwill tour of the -- >> a tour of eight south american nations. its purpose -- >> the communists are making an all-out effort to win. if they do, the free world eventually will be forced to its knees. >> for four days now some of the 20th century's most extraordinary diplomatic maneuvers have been taking place in moscow. >> khrushchev was a very, very capable, tough, unpredictable leader who would test my mettle. >> this, mr. khrushchev, is one of the most advanced developments in communication that we have in our country. it is color television, of course. >> translator: we wish you success. you can show us american possibilities, and then we could say -- >> the soviets will overtake america and then wave bye-bye. >> this indicates the possibilities of increasing communication. and this increasing communication will teach us some things and it will teach you some things too. because after all, you don't know everything.

with very mature allies and japan and with those guidelines to implement and operationalize those strategies to promote free and open indo pacific. with malaysia and indonesia. so many of these jealously guard their online status which we partner with giving up the opportunities. and then to havein confidence and with that disperse all disparate one --dash diversification so that was to create those opportunities. and the security challenges of the indo pacific are inherent multilateral and increasingly multilateral. if you think about protecting your 12 nautical miles it's really about domain awareness. that doesn't start or stop at 200 nauticalal miles. so maritime domain awareness and think about how countries can move on that spectrum. to share and contribute what is the most fundamental element of knowing what is approaching in the territorial waters and knowing what type of element you are dealing with. sharing means you have to be networked and have the ability to communicate information and contributing i to be in a position with this capability of the coast guard or aircraft or whatever it may be. moving them along ther spectrum gets us to a point

indonesia's president. up next, more of the week's top business headlines. consumers in japanh to stock up on stable before a sales tax hike went into effect. >> one of the hottest selling items -- toilet paper. >> this is bloomberg. ♪ >> this is "bloomberg best." let's continue our global tour of the week's top business stories. the wto ruled on a dispute between the u.s. and europe. that decision immediately escalated tensions over tariffs. >> the wto has given president trump the green light to impose tariffs on a record-setting $7.5 billion worth of european exports. that is in retaliation for illegal government aid to airbus. >> the wto today handed president donald trump a pretty in weapon in trying to rein some of europe's trade abuses. government in the eu have unfairly subsidized airbus to the tune of $7.5 billion, and now the u.s. can retaliate against european goods to that amount. >> the u.s. is ready to slap tariffs on billions of dollars of european products following a landmark ruling from the world trade organization on aircraft subsidies. >> not surprisingly,

10 quarters, one reason why bank indonesia is expected to cut its key rate just hours from now, and why many investors are bank got -- are betting on the bank of japan. kathleen, start with the bank of indonesia. you spoke to the deputy governor, and even after three back to back cuts, he expects more. kathleen: exactly. it surprised me, you might have thought he would sit and wait, but the deputy governor did not signal any such thing. in fact, he said that the door remains open. he thinks that there are risks domestically and globally. the room for another cut is open. looking for accommodative policies already there, we also , i think we are as longmake another cut as the risk coming from global and the risk coming from domestics will not destroy. kathleen: the economy has been stuck at 5% since 2014. that is the message here. the imf thought they would do a little better, 5.2% for the year, down to 5% on the target, so it is not that they are so worried about the growth rate, even though it has come down from around 6%. another reason they have the green light, according to the deputy governor, is that the current account gap has gotten a little

malaysia and indonesia, we see oui’ into malaysia and indonesia, we see our usual heat of the day showers, but not extensive. over the next five days, japantinuing, but rain expected on saturday with more world cup matches taking place in the start of the weekend. into australia, high—pressure building with warmth spilling out across the east coast. an area of low pressure moving away from the southeast corner in tasmania, moving towards the or islands of new zealand. it has been pretty horrendous over the next few days, lots of rain and weather warnings remain in force. that he in syd ney warnings remain in force. that he in sydney will start to ease a little as we go through the weekend. south of france, we have stormy weather conditions on monday with a mini tornado reported. if we look at the rain radar, we can see how extensive the rain was as it moves its way in from the west across the pyrenees. we saw some heavy rain to the south of france, with a thunderstorm moving its way north. the theme into europe over the next few days is a brief lull in proceedings before another by the front brings rain into the far northwest. a bit of a

japan and south korea. welcome to "daybreak: asia." ♪ >> another fail for boris , but he says he will try again. >> indonesia rattles the nickel market will bring you investor insights from the top analyst in sydney. >> markets gaining ground for the past six sessions. let's turn to sophie. >> green shoots for aussie shares after the best winning streak since may. this after growth stocks led gains on monday. we are seeing the backup and aussie yields, with the rise across the curve. the rba governor will give a speech today ahead of the policy decision. ahead of fed and boj decisions, .he yen on the back foot flat, seeing futures waiting for signals from governor kuroda. a sense of overheating for japanese stocks, earnings making that trickier. we just got word on earnings, from thoseumbers reporting. , a fifth of firms will deliver the report cards ahead of the deadline by the end of the month. let's head to new york for first word news. >> thanks. boris johnson will try tuesday to give parliament to allow an early election, after failing on monday to get the majority needed to push it through. he says he will submit a simpler vers

defense strategy with japan's national defense guidelines and we're also working very intently and seriously on important emerging relationships such as with india, singapore, indonesia, and vietnam. the u.s. navy forced tested missions in our u.s. maritime exercise last month. we're enhancing our engagement in areas such as the pacific islands to preserve a free and open order. and we have enhanced our engagement in the freely associated states and beyond in that record. beyond the indo-pacific, the department is engaging allies and partners across the globe and we have brought the china challenge into our discussions in europe and the middle east, for example, china and others recognize our advantages and are actively looking to disrupt our alliances and partners in these key areas but we nonetheless see strong interest in greater alignment on these challenges from our partners. we are also exercising with our partners in real world operations to include enforcement of the sanctions against north korea. japan hosts a command center of eight countries to include south korea, australia, canada, new zealand, the united kingdom and france. we're also working in -- with

expecting a recession in japan. , if i were him i would keep the very few he has left and wait for the government to take action in this. terms of action, we saw some from the bank of indonesia. with the imf revising its growth forecast for indonesia lower, do you see more to come? >> yes. more to come in indonesia, generally. the immediate impact of the trade war is very negative for the region. beyond theit going external sector to consumption in general. it's already basically in the market. 100 basis points cuts in several departments. yes, indonesia, philippines, they all need more liquidity in the markets for their banks to lend the real economy. paul: 100 basis points you see for the philippines. that is very aggressive. why do you see that? >> it is that reserve requirement. in terms of rates, 25 basis point. consensus is waiting for 2020. we may as well see an earlier in 2019. the reality is that lending growth in the philippines is decelerating very rapidly at a time where they keep this mantra that, i want to build more. if you want to build more and create infrastructure that is going to change the nature of that country after years of delay, you need more lendin