narrator: like jeong, yong hee says she suffered at the ea hands of the north k regime. her brother was caught trying to defect and she was punished. she says she was lup and tortured by security agents. narrator: she says the officers tied her brother's hands to theagack of a truck and drd him along a dirt road as an example to others. narrator: yong hee escaped with her husband and son, leaving her brother and mother behind. (train whistle blowing) (explosion) ll sharp new warning of aut war. for the first time, the mysterious and secretive nation... there is nothing imminent, but these threatening statements have everyone on edge. are we on the brink of a nuear war? narrator: last spring, north korea became the first country since the cold war to threaten the united states mainland with a nuclear attack. when watching this i thought, wow, even from north korean standards, this is really over the top. they always do this cycle of provocation. it's just the intensity of the recent provocaon was even greater. i don't think anybody really believed the north koreans were g

min jeong: there is a few i think. there is a japanese company called alpine.s hedge fund disclosed singer's hedgel fund disclosed it owns it. we do not know what the details of the proposal are. shareholder activism has been increasing in japan. we will see if this turns out to be an interesting event or not going forward. ramy: all right. thank you very much. bloomberg asia stocks reporter, min jeong lee in tokyo. we will have more coming up. this is bloomberg. ♪ yvonne: we are counting down to the market open in japan, south korea, and japan. -- japan and south korea. equity futures facing a bit of a trouble at the start. modest losses projected by futures right now, down .1%. the asx 200 down by .3%. it wasn't so much the geopolitical tensions that came out of helsinki but more so about trade. the fed, jay powell's testimony starting in congress later on today in the u.s., and also when it comes to earnings, netflix missing when it comes to subscriber growth as well as the guidance, pretty soft as well. that could be more headwinds for tech. we will talk mo

kathleen: thank you so much, min jeong lee. a creek check of the latest business flash headlines.hones are said to come up short against their main rivals. $1000 devices from samsung and google, especially mobile internet speed. the iphone is lagging behind. is created by users, not in the labs. nike is raising pay for more than 7000 staff around the world after an internal review of compensation. , it will boost the salaries of 10% of its global workforce across all job levels. they are changing how they determine bonus payouts. primarily on companywide success. yvonne: we're counting down to the market open in japan, south korea, and australia. not too exciting on that front. it will really be about the bond market, especially when the jgb market opens. are we likely to see a further rise up in yields? it seems like markets are calling the boj's bluff that they may not actually tweak their policy. perhaps later on in the year. still ahead on "daybreak asia," a banking head tells us his outlook for asian junk bonds. alicea discusses the risks and opportunities that affect the pro

nor do i agree that sitting -- kim kim jeong une jong-un and agreeing to back off of a whole bunch of things and getting nothing in return, know in the president's mind north korea is denuclearized. but they are not. they have not taken a step in that direction. lastly, the final point i want to make, is the complex threat environment we face is extraordinarily difficult. and i will tell you one thing that i am 100% confident of. there is no way that on our own the united states of america can confront that threat environment. we need allies. we need friends. we need countries that are willing to work with us to meet the national security threats we face, which is why the trip that the president just took is so troubling. he spent the first part of it telling our allies basically -- sorry i can't say that on the floor. saying he didn't need them. insulting them over and over and over again. were -- we're really going to need to meet the threats not just russia, but china, the terrorism threat, our nato allies will be important to that. and the president at one point said he's not even

unfortunately for jeong getting invited to mar-a-lago or getting to sit down for dinner a president at hotel in singapore, that's the end game. so we have already given kim jong-un what he wanted without getting anything in return. what i imagine is that what mike pompeo did this weekend is what more of a conventional meeting would have looked like where americans go over and say you need to get rid of your weapons, you need to do x, y and z and once you do these things we can talk about alleviating sanctions. that's what a normal universe republican party would be in support of. but the ground has been paved by this singapore meeting which led to the disaster we've seen. i don't think you're going see much vocal push back from the hill. republican politicians don't see any benefit in criticizing the president, republican voters want this president to succeed so they are not looking for reasons for his actions to be a failure. you won't see anything remotely approaching the anger you would see from republicans had this been a democratic president doing exactly the same thing. >> mika,

ambassador jeong, chinese consul general in los angeles. [applause] and we also had governor two leading a delegation of 43 kenyans, are you here with us today? welcome sir. and tomorrow we will welcome and a great crop of the christian democratic union in germany. thank you all for traveling so far to santa fe and we are so pleased, honored and humbled you are joining us. governor martinez, thank you and the first gentleman chuck frank, i don't know if chuck is here right now but these with the first ladies. all right. as he should be. for being a wonderful host and showing us a fantastic time in the land of enchantment and for most of you who have the opportunity to attend the reception on museum hill and watch the native american performances, it's nothing short of spectacular and those who dancers and particularly the world champion but even the little ones. they were just wonderful and it really was an opportunity to share our culture, something that i will recall and all the other governors will recall forever. we're looking to severa