the bloomberg first word news for you now with juliette saly. juliette: thank you. in the u.s.passed for public comment on $200 billion in tariffs on chinese imports. the country's most prominent technology companies made a last-minute push to convince donald trump to reverse course. last night trump told a rally in montana he would strike a good deal with china for american farmers. pres. trump: we are cracking down on unfair trade practices emanating from china. america is tired of getting ripped off. we're going to get a great deal for our farmers and ranchers and factory workers. we are giving workers and businesses a level playing field. juliette: emerging-market stocks have fallen into a bear market as the msci emerging market index has dropped by more than 20% since its january high. developing economy assets are under pressure from a stronger dollar and rising u.s. interest rates as well as american protectionism. contagion concern has come to the fore as the most vulnerable developing economies sell it to crises. -- fell into crises. brazil's presidential election camp

let's get bloomberg first word news with juliette saly in singapore. juliette: thank you.e u.k., boris johnson has launched what many see as a new bid for power,: the prime minister's exit strategy a humiliation. in the mail sunday morning, he savaged theresa may's policy as keeping britain tied to eu trade rules after brexit. in an interview with bloomberg, the eu's budget chief gave an assessment of divorce talks with britain. ongoing.gotiations are the new chief negotiator of the ..k. is really active so our expectation is we have a good chance to come to a smart brexit. juliette: china's chances of escaping the trade complex with the u.s. with only minor damage are looking less likely, this after president donald trump doubled down on his threats to impose higher tariffs on the nation's goods, saying his ready to tax them all on short notice. while some see it as limited, former people's bank of china's governor warns the effect on economic confidence may be larger. in washington, the chairwoman of the republican national committee used two appearances to set low expec

juliette: i tried.ers of instagram are leaving facebook after tensions with mark zuckerberg over the direction of the photo sharing app. companye been at the since instagram's acquisition by facebook in 2012. they have been able to keep the brand and product independent from facebook, but bloomberg has learned a were frustrated with an unusual uptick in involvement , who has relied on instagram for facebook's growth. beware, the rally in oil could be short-lived according to the head of bps trading business in asia. she says any spike on the loss of iranian supply due to u.s. sanctions will not be sustainable in the long run because the negative impact on demand from a trade war between the world's two biggest economies has not yet been priced into crude. >> this is one of the cases i feel like -- people have not seen the front of the impact. thatarket is not pricing danger of demand. it is much weaker than we thought in 2019. bps ceo joins us for an exclusive interview after 1:00 p.m. u.k. time. that i

from get your first word juliette saly. juliette: u.s.nt donald thep used his address to united nations general assembly to reassert his america first worldview. he chastised iran and venezuela and offered a blunt rejection of the u.n.'s multilateral approach. he prompted open laughter as he lauded the success of his administration. than twomp: in less years my administration has accomplished more than almost any administration in the history of our country. -- so true. [laughter] i did not expect that reaction, but that is ok. [applause] the uk's prime minister will today pledged to post-brexit u.k. the envy of europe. in her keynote address in new york, theresa may will say britain will have the lowest rate of corporation tax in the mostmaking it's one of the business friendly economies in the world. the comments will be aimed at eurosceptics in her own party. theresa may gives that speech at 1:30 p.m. london time. the head of norway's trillion dollar southern wealth fund says he is concerned about the deepening trade war between the u.

juliette:- absolutely.have just been discussing the latest developments in the tit-for-tat trade spat between the u.s. and china. they give so much for joining us. it is kind of exhausting keeping up-to-date with what is happening in the u.s.-china trade relationship, but we have heard the new round of paris will come into effect on september 20 fourth. how do you invest in an unknown environment like this and what do you tell your clients? >> truly heating up, this whole subject, and if it plays out as people fear, it's going to hurt unemployment, the profitability of u.s. companies, but i also think there is a scenario that we are maybe not giving enough credibility to and that is the de-escalation and that there is a reset of the trade relationship but that they can continue to do well. ignoring the emerging markets for a little bit, the overall world has been growing. we get overwhelmed by all the headlines in the china trade -- china-u.s. trade dispute. >> you're looking five years to 10 years ahead in

juliette: u.s.resident donald trump has demanded that the new york times reveal the identity of a senior official who wrote an anonymous article. he or she or others in --ernment the root of the problem is the president's immorality. >> when i won they were forced to apologize to their subscribers. they wrote a letter of apology. the first time anybody has ever done it. the covered the election incorrectly. if the feeling new york times has an anonymous editorial, can you believe it? anonymous. a gutless editorial. juliette: contagion growing louder. jpmorgan and blackrock are amongst the big wall street names added -- adding their voices to those pushing developing economy assets. the argentine peso, turkish, and indian rupee are among those sinking to record lows and's recent days -- in recent days. the british government has abandoned key brexit demands striking a deal with the european union. limit has learned that they are economy andept trade talks with the eu to get a divorce tilde. for a mor

first word news with juliette saly in singapore. juliette. state media has warned the nation should not expect a quick resolution of its trade dispute with the united states. no sign that president donald trump has changed his thinking. an editorial in the global times said that while it is good to talk, china should be aware there may not be ideal anytime soon. the newspaper said washington is still taking a tough attitude. bank of england governor mark carney has told senior government ministers that a no deal brexit would probably see interest rates rise rather than fall. bloomberg has learned that carney told them that crashing out without an agreement would lead to the fall in the pound and higher tariffs, pushing inflation higher. he suggested that would make it harder to cut borrowing costs to support the economy as the boe did in the aftermath of the brexit vote in 2016. in the united states, a new book claimed that gary cohn backed dealings with the scandal hits malaysian state while executives questioned -- who questioned the transa

matt: all right juliette, thanks very much. juliette saly with your first word news.n exclusive interview. in the space of 20 years, jack ma has gone from endless teacher to one of the world's most recognized corporate leaders. the alibaba chairman is dedicating more of his time and wealth to philanthropy. tom mackenzie sat down with him. >> i do a lot of things on education. this is because i think education is so critical for the future. thesecation, environment, are two things i focus a lot. thing is theno one most important. the most important is everybody do something. tom: to what do you think it's been forged by your first love, of course as an endless teacher? >> people don't like me to talk a lot because i speak in china. that's because i'm a teacher. the only thing i can do is share. i learned so much from alibaba. i learned so much from the alibaba journey in the past 19 years. i think it's my responsibility to share. whether people like it or don't like it, agree or disagree, it's ok. the thing is you have to share because society gives me so much resource

. >> juliette lewis joins "the conners." the oscar nominee posted pics with her script and wrote #luckyme. juliette plays blue, david's girlfriend and he, of course, is played by "big bang's" johnny galecki who was on one "roseanne" episode last season. "e.t." has learned for now johnny and juliette will appear in one episode of the seasons ten episodes. >> i love that you guys were able to work it out and come back. it wouldn't have been the same. >> it's purely due to how supportive my "big bang" family is here so i'm very grateful. >> "the conners" debuting october 16th is a reunion for johnny and juliette who were siblings on "national lampoon's christmas vacation." >> meanwhile, roseanne barr who was fired after sending a racially charged tweet isn't going quietly. >> what's going to happen to roseanne conner? >> they killed her. >> roseanne spotted out shopping in l.a. yesterday told the youtube site walk away she's insulted by rumors that her character dies of an opoid overdose. >> it's so cynical and horrible. she sh

nejra: juliette saly in singapore.'s get back to the hearing for supreme court nominee brett kavanaugh. joining us now is bloomberg senior international editor in hong kong. it was next ruggeri hearing, it fired up social media. it fired up the television networks. will a confirmation vote on judge kavanaugh becoming upset? -- be coming up soon? does look like a confirmation vote in the senate judiciary committee will be coming up in the next day in d.c., on capitol hill. the republicans on the committee are likely to approve him. the real question is, does this come to the senate floor? senate majority leader mitch mcconnell has said he will guarantee it comes to the floor, that was before yesterday's extraordinary exchange. now the question is, will they bring it to the floor? do they have the votes? majority of the senate, republicans. they can only afford one republican defection if there is no democratic votes for it. whoe are three republicans have not said how they will vote. they have not said that they will vo

juliette: fiat chrysler world -- will -- of buyers.kr offered less than the 6 billion euro minimum valuation, which ended the exclusive it he of the talks -- exclusivity of the talks. the unit prepares to separate them a land-based company and distribute shares to investors andhe melania-based company distribute shares to investors. sanctions have frozen a russian aluminum giant out of annual contract negotiations. that could disrupt supply chains critical to the industries. the global aluminum industry has been bracing for further turmoil ahead of an october 23 deadline. says he ceo jamie dimon is done with politics and blames much easement for his claim -- machisimo for his claim he is smarter than donald trump. he says the current administration is handling the economy well. last week he boasted he could beat the president in an election. >> i should not have said it. more out of frustration and my mo. much you simao -- machisi it proves i would not be a good politician. nejra: thank you. let's take a look at live pictures. it is 1:

juliette: u.s.sident donald trump has slammed what he calls decades of abuse by canada and threatened to cut ottawa out of any north american trade deal. he says there is no political necessity to keep canada in the accord and warned congress not to interfere. president's tweet was sent shortly after he left the white house bound for his golf course. donald trump will skip two major summits in asia, a move that could so concerns about america's reliability as a counterweight to china. the vice president -- the white house rather said mike pence would travel to singapore for an 18 nation summit hosted by as he and before heading to an aipac summit, usually attended by 21 liters, including xi jinping and vladimir putin. italy's yield spread will their out as budget details are -- narrow as budget details are unveiled. a prediction comes in the wake of widening spreads and a decision to lower its outlook on the country. italy's bond yields have pushed higher over the summer in response to the new popul

this is bloomberg. >> juliette saly, thank you. take a look at what you should be watching this week. france unveils its 2019 budget in paris and the president leaves donald trump in new york. we also have a trade delegation going to the u.s., and tomorrow the u.s. leader addresses the un's general assembly for the second time. on wednesday the fed is expected to raise rates and release updated projections. we will get to those. >> it's all about -- it depends on which bank you read. we see turkey's presidents begin a visit to germany where he will meet angela merkel just outside paris. fed, and thethe reserve is set to announce its latest policy decision on wednesday. the market expects a rate hike. ,he latest quarterly review they are warning that central banks are overburdened and unprepared for the next downturn. the chief investment officer at in termsty tough lines of what central banks are up against. conference this news is going to be the last independent moment before trump turns on the fed. would you agree? >> i would fi

juliette: u.s. president donald trump has continued to hit out at china after announcing another round of tariffs, signaling the trade war will not end anytime soon. he made the comments to fox news in las vegas. >> the youngstown framework, context of administrative law, questioning unilateral executive rewriting of the law, in the criminal law where i have reversed convictions, i am not afraid at all. washington, wein have been hearing lawyers for a woman accusing brett kavanaugh of sexual assault asked the senate judiciary committee to push back a hearing on her claims until thursday and take testimony from additional witnesses. bloomberg has learned the attorneys have said she could not appear monday as the committee's chairman, chuck grassley, plant -- planned. formernt trump's personal attorney has had lengthy interviews with investigators working for robert mueller. sources say he was asked about trump's business and any business dealings with russia. he has been one of trump's closest associ

in oakland, juliette goodrich, kpix5. >> the bill juliette mentioned has drawn some opposition from the police officers association in the past. the governor has not yet taken a stance on it. >>> most of north carolina is covered in floodwater tonight, hurricane florence blamed for at least two dozen deaths since it ripped through that state. cbs reporter meg oliver reports the threat continues. >> reporter: 1,200 roads look like this one in wilmington closed by floodwaters. this is the coastguard's view of the drenched state of north carolina as search and rescue operations condition. they've pulled more than 200 to safety. that number goes up by the hour. >> catastrophic flooding and tornadoes are still claiming lives and property. >> reporter: with more than 2 feet of rain in some areas, north carolina's governor calls it a monumental disaster and warns there's more to come. >> floodwaters are rising as rivers crest and they will for days. >> reporter: officials are begging residents not to drive around barricades, which is what happened in union county. a 1-year-old boy died after f

kpix5's juliette goodrich on the bay area victims who were in the courtroom today. juliette? >> reporter: well, liz, two bay area victims came to sacramento. they wanted to look this alleged norcal rapist face to face in the eyes. they did just that today as he faced a judge. >> he looked squarely at us in the eyes when he walked out. the first time i've seen his face ever. >> it's a day we've all waited for for a really long time. >> reporter: today 58-year-old roy waller, the suspected norcal rapist, appeared in a sacramento courtroom. two of his alleged victims sat just feet away to see man they say raped and terrorized them. >> when he turned around and looked squarely at us straight in our eyes, i glared right back. >> reporter: one district attorney called waller a real live boogeyman who crept into his victims' homes under the cover of darkness and attacked them when they were most vulnerable. >> there's not a moment you don't forget. you don't forget the details, smells, sounds, sights. you don't forget it ever. >> reporter: investigators say his alleged crime spree s

juliette saly in singapore.e yuan extended gains after a leaders said beijing has no intention of using the currency as a weapon in the trade war with the u.s.. will never go down the path of stimulating exports by devaluing its currency. meanwhile, nafta talks said to resume today in washington. page, aus now is david senior economist. welcome, thank you so much for joining us. good to see you as always. seeing this trade war escalation but markets seem to be shopping it off. we talked about -- you think it could get worse than this. >> in the near term, the rhetoric is going to ratchet up. we have seen the implementation -- china's retaliation has been less. in to the ratchet up january, itnto picks up to 25%. you are going to see the u.s. talking about the next phase, phase three because of the chinese retaliation. that will worry markets. , hopefully, around the time of christmas, you might to see negotiations starting solid. from a market perspective, we will get more headwind from the rhetoric. the differe

kpix5 reporter juliette goodrich is live in pittsburg with more on the huge crime bust. juliette? >> reporter: well, ken, this furniture store in pittsburg is just one of the places targeted and the owner of this store is relieved to hear that the members of this gang crime spree are now behind bars. >> somebody took at least $10,000. >> reporter: from your business. >> from the business. >> reporter: cost right furniture owner dennis tran had no idea members of the bullyboys and cocoboys street gangs were walking into his store with a plan to steal, steal credit card machines from behind his desk. >> one of them tried to distract you asking you furniture this and that and the second person came in. they grabbed the terminals which is something like that and ran away. >> reporter: after a three year long multi-agency investigation spanning 13 counties across northern california the california attorney general announced 32 people had been arrested for allegedly defrauding people through electronic fraud and identity theft. the burglars targeted furniture stores and dental and medic

. >> kpix5's juliette goodrich spoke to the girl who is okay today. juliette? >> reporter: yeah. fortunately she's okay today. she had today to rest before school starts again tomorrow. her backpack was stolen right out of the front basket of her bike and then the driver managed to run her down after. >> like i hit my wrist and mostly this side of my body, so this knee, this elbow, this elbow, too, but less than this one and like a big scrape on my shoulder and back. >> reporter: cassie was riding her bike home in her first week of middle school when she was robbed and run down by a car on wheeler and russell streets. >> i was just biking like normal and a car came up by me and the front passenger window rolled down. an arm picked up my backpack. then the car sort of sped off and hit me. >> reporter: she fell off her bike onto the pavement. her bike is now totaled. her backpack and school supplies are stolen. >> it's pretty frustrating, you know, because her first week back to school, we were so proud of her because she's really fierce out there riding her bike and being independ

juliette is with the c.e.o. and head of the largest conglomerate. jewels.uliette: yes, certainly, david and rishaad, i will ask them about all of their concerns about the overall philippine economy. thanks so much for joining us. we also heard from the central bank in the philippines saying they won't be holding any offcycle rate hikes before the meeting. amidst all the head winds of the peso falling. inflation hits a nine-year high. of course, consumer confidence. do you think the central bank needs to act? >> well, i think both a supply and demand side of the equation. i just need to correct the statement on the consumer demand side. actually, consumer demand has grown about 5.4%. so it's actually not been too bad considering the inflation. i think the central bank has a role to play with rate hikes. personally, i'm in favor of a rate hike to shock the system a little bit. there are other areas that affect the inflation equation. you have rice prices that have been high and gas prices that have been high. and that's what's been driving inflation a little

what's more from the summit with juliette throughout the day.to touch on one of the stories we have had the last few hours. this reshuffle at the top. incoming ceo really making his mark in the upper echelons of goldman sachs. three of the most important roles at the bank have now been be held byll executives who rose to seniority for the steelmaking units. that is a shift. what do we have, could a changing of the guard be completed with the head of the investment banking decision, he is the number two most powerful person in the bank. long-termit the practice of letting top performers split the major roles. a consumer banking chief is to be next chief financial officer. a current cfo going back to the trading division, making him the third cohead of the bank's largest unit by revenue. potentially get an uptick in that part of the business as well. the ceo stepping down at the end of this month, his long-term deputy is no longer there. he departed for his adventures in the white house. just to point out in terms of diversity, it is quite obvious

juliette. general motors sales fell by about 13%. the automaker pulled back on incentives. the result trailed average estimates. that may have been dragged lower by a drop in fleet sales. a spokesman declined to comment on the figures. the chairman of more than two decades is facing opposition to his reelection. the groups and investor advisory services are lobbying against the reappointment. a longtime ally. calledhas posted what it testimony for social media. midterm races. it does not appear anyone will be there to deliver it. senate intelligence committee has rejected the chief legal officer. the hearing will include a twitter ceo. nike shares have regained ground in extended trading. of: is as critics kaepernick took to social media to call for a boycott. nike received more than $40 million in the first 24 hours. amazon joined apple as the second trillion dollar company as shares rose. the have added money to market cap this year alone. pocketed money in the last eight months. millionrth of 160 dollars. -- . new comments coming through. to a latvian publication. a bank

juliette saly has the from singapore. juliette: u.s. president donald use his address to the united nations to reassert his america first worldview. he chastised the world -- the regimes of iran and venezuela and offered a rejection of the un's multilateral approach. he prompted laughter as he lot of the success of his administration. -- as he lauded the success of his administration. pres. trump: we have accomplished more than any other administration in the history of our country. so true. [laughter] did not expect that, but that is ok. the u.k.'s prime minister will use low tax to make post-brexit britain an economic powerhouse. in her address to the bloomberg global business forum, theresa may will say britain will have the lowest rate of corporation tax in the g20, making it one of the most business friendly economies in the world, as well tobeing a sales pitch foreign investors, the comments will be aimed at eurosceptics in her party. she gives that speech at 1:30 p.m. london time. merkel has been dealt an unprecedented blow by re

let's go to juliette. juliette: comcast has won a bidding war for sky.n a rare auction overseen by bid 10%ulators, comcast more than fox, all but ensuring that investors in sky will tender their shares to the philadelphia-based cable carrier. its 39% stake to disney and is considering pledging the sky shares to comcast if they support the move. has agreed to buy randgold. market value of about 18 billion -- $18 billion. john thorne will take the position of the new group while mark bristow could be the ceo of the combined business. the trump administration is considering a drafting executive order for the president that would instruct federal antitrust and law enforcement agencies to open probes and are the practices of google, facebook, and other social media companies. bloomberg has obtained a draft of the order. it hasn't been run past other government agencies. lindsay walters says the document isn't a result of an official white house policymaking process. north korea has signaled what it wants to bring in -- that it was to bring investments and sou

in something -- in san francisco, juliette goodrich, kpix 5. >>> coming up tonight at 6:00 we are going to take you back to a time when the entire area the buildings are on was underwater. it was the bay. >>> we have breaking news though, kpix 5 has confirmed that at least seven thieves convicted of robbing -- accused of robbing apple stores are under arrest. we are confirming those under arrest and we are checking to see if they are convicted -- connected to the most recent grab and go robbery. 6-8 people snatched merchandise and then took off. this is all it part of a series of robberies around the bay. on sunday and apple store in santa rosa was also hit. you ken see a group of men ripping phones and computers off of their displays and making a run r it. last month, that same store was also robbed. we know the arrest happened last night in oakland. opd and state investigators are planning to make a formal announcement tomorrow. >>> now in washington where christine blasey ford will be tested fighting -- testifying tomorrow. >> the professor released her testimony she will say in part

juliette saly with your world and national news. will europe's banks ever recover from the global financial crisis? we will ask the ceo of the institute of international finance, tim adams. that is next. ♪ matt: welcome back to "bloomberg markets." this is "the european open." we want to go to juliette saly for a bloomberg business flash. has warnedayer earnings will be lower than it projected earlier this year. that is as the company issued its first forecast since completing the purchase of monsanto. it said core earnings per share will reach about five euros to 5.9 euros, missing estimates. the ceo joins us after 8:00 a.m. u.k. time. general motors sales fell by 13% in august since the automaker pulled back on sales incentives, especially for pickups. that is according to bloomberg sources. the sales results trailed estimates for a 7.7% drop. that may have been dragged lower by a pullback in fleet sales or discounts as retail demand deteriorates. a spokesman declined to comment on the sales figures. ryanair's chairman is facing i

juliette saly in singapore. if you missed any of our great lehman brothers 10 years on interviews, you can catch up with them on the bloomberg terminal. head over to tv . you can see here under the some ofd cap -- tab, those interviews. we have ray dalio, mervyn king. you can rewatch all of our shows using tv anytime you want. this is bloomberg. ♪ matt: tomorrow marks the 10th anniversary of the collapse of lehman brothers. we have been speaking with key figures to look back on this historic event. mervyn king discussed risk that still remains in the financial system, and what we still need to do to mitigate the next crisis. >> the banking system is safer than it was then. but it is not safe. there are things we ought to be doing in order to make a run on the banking system less likely. it is debatable whether banks have issued enough capital. >> if you look at the financial landscape -- >> the big lesson was people could see what was happening in the world economy was unsustainable. you could not forec

juliette saly in singapore. tesla plunged in extended trading after the securities and exchange commission accused elon musk of misleading investors with his go private tweet. the sec is asking a federal court to bar musk from serving as an officer or director of a public company, saying he committed securities fraud. musk said he is disappointed by what he calls the unjustified action. teslas board released a statement saying it is confident in its ceo. , good tos from tokyo have you on this story. we have seen a stunning decline in teslas shares. how much further could they fall ? it depends where this sec probe ends up. >> it certainly does. , if wen the suit itself want to make a case for further declines when the market opens, we can start with where the price has been. earlier this month the shares $263.s low as today's decline is just below $270. believe they would not go at least that low. that would be their lowest since april. you go back to april they were all the way down to $250. it would not be har

juliette saly has it from singapore.as picked frankfurt as its european union hub and is made preparations for the worst-case scenario of written crashing out of the bloc without a trade deal. was bank will also have multi locations in the region with offices in madrid, paris, and milan. speaking to bloomberg, sergio ermotti said the decision was made weeks ago. jpmorgan ceo says he is done with politics and blames which is for his claims that he is smarter than president trump. he told abc he has no intention of making a run for the white house, saying the current administration is handling the economy well. last week he boasted he could be the president in an election before rapidly backing away from the claim. it andouldn't have said more out of frustration and my own which is no, but i shouldn't have said it. it also proves they wouldn't be a good politician. >> and that is your bloomberg business flash. much.nks very juliette saly in singapore with your business flash. asian stocks are dropping by the most in a week

is a much, juliette saly in singapore.his selloff in treasury has taken the 10 year yield above 3% for the highest closing for much yesterday. it reverses a small part of the relentless curve flattening this year pushing some yields to the widest levels in more than a month. one ceo said the recent surge is not getting enough attention, aboutng yesterday financial media concern. joining us is the head of asset allocation, i'm disappointed that jeff gundlach did not watch me talk about the 10 year yield yesterday because i had charts showing it. i have a brand-new one for you today. this shows the 10 year yield poised to break in whole 3%. five times this year it has briefly gone above and then pulled back. of one trend points to the upper direction, suggesting we're going to hold. are we going to hold above 3%? >> we should go above 3%, for sure. acceleration any in economic growth. inhave a negative momentum the u.s. and europe and even in the chinese economy. so economic growth [indiscernible] no inflation, no economic g

in the east bay in dublin, juliette goodrich, kpix 5. >>> a couple of suspected car burglars crashed head-on into a san bruno police patrol car. a man and woman were casing potential targets in the parking lot at the mall yesterday even. -- evening. they then rammed their car as officers closed in. police found multiple stolen credit cards and ids in their car and their hotel room. a man was arrested and an oakland woman was released but she may face charges. >>> people from around the world descending on san francisco this week for the global climate action summit. >> thank you jerry brown for signing that bill yesterday. >> former vice president al gore spoke at fort mason this morning thanking governor jerry brown for setting the loftiest climate target yet. promising to make california carbon neutral by 2045. members of the international community expressed disappointment in the trump administration's decision to exit the paris agreement. they hope other small governments can can follow california's lead and take steps on their own. the official opening ceremony is scheduled for

for that we get to juliette solly. u.s. president donald trump that the new york times revealed the identity of a senior official who wrote an anonymous op-ed. the writer said he or she and others in government have vowed to thwart the presidents more misguided impulses until he is out of office. it also said the root of the problem is the president's amorality. >> they were forced to apologize to their subscribers. ,hey wrote a letter of apology the first time anybody has ever done it, because they cover the election incorrectly. the failing new york times has an anonymous editorial. anonymous, meaning gutless. emerging-market contagion warnings are growing louder as currencies and stocks from argentina to indonesia, under increasing pressure. jpmorgan and blackrock are amongst the wall street names adding their voices to those cautioning against developing economy assets as emerging-market currencies have slid to their weakest levels since 2017 with the argentine peso, turkish lira, and indian rupee among those sinking to

juliette: never a winner in a trade dispute certainly. had a very strong gdp number coming through. australia 10 years on from the financial crisis at least showing some signs of a strong economy. sneha: positive growth in 2017. this year it is actually showing the strongest growth among all the g10 countries on a year-to-year basis. interestingly, the currency is the week point -- weak point. i think the australian economy has been very resilient. gdp underscores the resilience of the australian economy. the currency has helped. on top of that the commodity markets have held up, therefore terms of trade have been very favorable for the australian economy. our economists believe there will be no rate hikes in 2018, or 2019. but we are seeing some heightened domestic financial conditions. juliette: i know you are here to talk about the future of finance. what will finance look like in the next 10 years? sneha: i think that the future of finance is going to be very different from the last 10 years. was we are seeing heightened responsibilit

let's get the bloomberg first word news with juliette saly in singapore.uropean union has started exploring what emergency measures it may need to take in the case of a no deal brexit. bloomberg has learned that during a closed-door meeting yesterday in brussels, methodist discussed the steps to block make a should negotiations collapse. french president emmanuel macron said he would welcome the u.k. back to the eu. he spoke exclusively to john micklethwait at the bloomberg global business forum in new york. >> if the british were to remain, what you have us back? >> sure. >> even though you are trying to re all these bankers, your take us back. >> it is about history, not about having domestic interests. juliette: south africa's president said his administration will pursue plans to redistribute land to the country's black majority. interview, hee also said that he is still considering whether constitutional amendments are necessary to make it easier to expropriate property without compensation. iswe are seeking to do now to balance that equation and make

. >> let's talk how this investigation might shape out with national security analyst juliette kayyem, chris weker assistant director for the criminal investigative division and renato mariotti. you guys would know how this, would. so thank you so much for joining us. chris, we know senators flake, collins, murkowski set the terms of the investigation. the republican sources telling cnn the senators believe a key fbi focus should be on mark judge. walk us through what all of this means. >> yeah, these are called special inquiries. spins. they're background investigations. what's happened here is the spin has been reopened or being supplemented. there will be interviews of the logical people, they'll interview kavanaugh again. they will interview dr. ford again if they can get access and anyone that is a potential witness. they'll do record checks and might go back to the safeway records that dr. ford alluded to, anything that corroborates or contradicts statements that key witnesses are saying or key facts they'll do the best they can to uncover some records. i don't think it will tak

. >> tonight juliette goodrich says one east bay official is taking action in response to our reports it's horrible. >> reporter: b.a.r.t. director debora allen says something must be done after seeing our reports about the hardships endured by disabled riders on east bay paratransit buses. >> taxpayers are spending $43 million a year on east bay paratransit. we have to look into there. >> reporter: we put a tracker in jonathan tomasini's backpack for two months and discovered buses taking him e ho loon his trip home from oakland to adult day school just 19 miles away in castro valley. >> he was crying. he was really upset. >> reporter: same thing for zach donald. it's 10 miles from his day program in berkeley to his house in alameda, but his bus ride home was also taking him way off track. >> zachary has been on the bus far too long. he's been on the bus for three, four hours at a time. >> reporter: in an earlier interview east bay paratransit's general manager jay jeter told us -- >> if we get concerns from a rider or concerns from a passenger or a family member, we try to address t

kpix5's juliette goodrich is in sacramento right now with the latest developments from court. juliette? >> reporter: ken, the alleged norcal rapist was in court to face the judge as you said. also in court today, two of his alleged victims who call themselves strong surveyors. they wanted to look at him eye to eye -- survivors. they wanted to look at him eye to eye. >> he looked us squarely in the eyes when he walked out, first time i've seen his face ever. >> it's a day we've all waited for for a really long time. >> reporter: today 58-year-old roy waller, the suspected norcal rapist, appeared in a sacramento courtroom. two of his alleged victims sat just feet away to see the man they say raped and terrorized them. >> when he turned around and he looked squarely at us rate is in our eyes, i glared right back. >> reporter: one northern california district attorney called waller a real life boogeyman who crept into his victims' homes under the cover of darkness. >> you don't forget the details, smells, sounds, sights. you don't forget it ever. >> reporter: investigators say his

kpix5's juliette goodrich has more details on what's next. juliette? >> reporter: so chopper 5 giving us a good view of the traffic. that's the commute traffic home and that's the very exit where people will go if they're going to shop at ikea let's say if that ever happens down the road. i'm 1 mile from chopper 5 in front of city council here in dublin where tonight the planning commission will make a very serious decision if they think ikea should be in this town. you bet it's a lot button topic, ikea in dublin. >> i say no. >> reporter: but others don't mind the ikea idea. >> i love ikea, but it is like costco and target on crack. you're just going to wander. you'll get lost and you'll just lose yourself and you will buy candles. you will buy candles. >> reporter: ikea owns this 27- acre lot, prime real estate off 580 in the heart of dublin. ikea wants to build a 430,000 square foot store and now it's nearing decision time with the planning commission set to vote. >> my gut feeling is the planning commission would not approve it. >> reporter: this w

juliette saly joining us with an update.ton yesterday with the s&p 500 and the dow jones industrial average both hitting record highs. our next guest says emerging-market assets are likely to remain vulnerable. bonzon.us now is yves great to have you with us. mark,ke yesterday to famous for his views on emerging markets. you are less keen on e.m. right now? yves: indeed. primary driver is in washington. -- ourst there's ours investors are seeing a new paradigm with things much more focused on u.s. fundamentals in a less cooperative mode with other central banks. they will proceed with further tightening policy. we speak, there is no reason to expect any slowdown in u.s. growth. matt: we do see emerging markets, the selloff started when u.s. yields stabilized and now we are hovering around the 3% level. to godo you expect yields now and does that mean you expect emerging markets to stay down? further expect normalization on the short end of the curve. the most important thing has been the rapid rise in the 10 year yields in j

we go to juliette saly. juliette: china has said it is completely up to the u.s. when trade talks between the world biggest economies resume. in a news conference, officials said china is capable of offsetting the effects of the dispute and will boost domestic demand, investment, and business sentiment. >> china does not want a trade war, but we are not afraid of one. we have the confidence and capability to deal with risks and challenges. china has kept the door open to negotiations. but negotiations must be conducted on the conditions of mutual respect and should not, china's right to development. u.s. president has said he is looking forward to meeting with ron rosenstein on thursday to discuss his future. that comes after bloomberg has learned rosenstein told john kelly he was resigning. createdus and future confusion after reports he suggested last year to coworkers he would record conversations with trump. argentina's president has said there is no chance his country will default and a revised imf agreement will shore up investor confidence. macri made the c

juliette parkin reports. applause she had a massive drive to win and to compete, according to herfather, she was a very determined young athlete. ellie soutter won britain's only medal at the youth olympics last year. now her father is trying to help other athlete achieve their dreams. one of the things ellie was acutely aware of was how much it was costing me, and until these athletes are on the world stage, there is very little sponsorship funding for them. back in the uk from his home in the french alps, tony soutter focus has become the ellie soutter foundation after the devastating loss of his only child injuly. she took her own life in the mountains when she was most at home, a number of factors, her family say, contributed to her death, but money and mental health issues were prominent. she became quite depressed last november when she realised that the bank of dad had dried up, and i could not afford to fund her any more. to give up an immense amount, and then to be told you can't carry on because we

juliette saly in singapore with your headlines. up next, swedish stalemate. elections a macron scandinavia's largest economy failed to produce a clear winner. we will speak to anders borg live from stockholm. this is bloomberg. ♪ >> we thought at the last minute, the u.s. government will come in. i was trying to get a phone call from our u.s. had -- head. that was the worst-case outcome. we had not expected that. it was clear confidence in the banking system was waxing and waning. only a serious recapitalization of the banking system in the united kingdom and the united states would resolve the problem. >> when i request how much debt trillion, market, $90 that is what started to worry me. >> you realize things were much more interconnected than you thought they were. and what seemed to be small markets can have much bigger effect than you thought. >> our members into a good friend of mine, i am down on paper 100 million quit today. >> as human beings we tend to say this time is different. history tells us that is not the case. >> as you look at the banking s

kpix5's juliette goodrich on a bill that could mean greater transparency in police shootings. >> get your hands up! >> reporter: oakland police have released body camera video from the officer who shot and killed 30-year-old demoria hogg who was in his car june 6th, 2015, an incident that occurred in oakland more than three years ago. >> don't move! >> get your hands up! >> reporter: according to reports, officers tried to wake hogg for more than an hour. they approached the driver's side window and broke it. >> when he woke up, he reached for the weapon and posed an immediate threat to the officer at the time and the officers felt their lives or the lives of others were in danger, so they took appropriate action. >> reporter: the officer reported shooting hogg twice in the chest, although an autopsy revealed he was only hit once. oakland police released this body camera video after a public records request and now there's a bill on the governor's desk that would actually make police video camera more accessible to the public quicker. the bill requires police departments to make body

you, juliette saly with the latest news. some corporate news breaking.orris -- philip citing argentinian accounting for the change. and currency for the revision and the narrowing of the view so the radars -- fx is on of see's weights around the world and philip morris is cutting guidance. next, emmanuel macron said he will push ahead with his plans to reform eu policy. we will bring you that interview coming next. this is bloomberg. ♪ omberg. ♪ anna: this is bloomberg markets, the european open, 15 minutes to go till the start of equity trading. let's get a bloomberg business flash. the ceo of ubs says he will miss his former investment bank had but added he is proud to see him because such a prestigious role at santander. he made the comments in an exclusive interview with bloomberg. >> we are sorry to see him crucial he was a very in helping us execute our strategy and execute this tragedy but we are also glad that and proud that one of our team is, got asked to take on such a big an important role. ceo has joineds the growing chorus that sees $100 oi

someday i'll wish upon a star and wake up where the clouds -- >>> juliette goodrich, kpix five news. live from the cbs bay area studios, this is kpix 5 news. >> the remnants of hurricane florence causing even more deaths, and the relentless downpours show no sign of stopping. good morning, let's get right to hurricane check ins. >> the storm watch shows you can see parts of north carolina have been swamped with several feet of water. kpix 5 radar sows extreme weather activity is moving at a e . snail's pace so some areas have already gotten almost 3 feet of rain. and three more deaths have been reported, bringing the total number 214. almost 1 million homes and businesses have no power, courtney is a basque he is in north carolina. >> we been under -- >> reporter:

in berkeley, juliette goodrich, kpix5. >>> more violence at b.a.r.t.'station, an agent punched in the face early saturday morning. two women told the station agent a man was harassing them. when that agent came up to help, the suspect attacked and told, but violence at the macarthur station is nothing new. in the last two months there have been three stabbings, one of them deadly. this latest attack comes right after b.a.r.t. announced it was rolling back its beefed up security due to a staffing shortage. >>> another bay area apple store targeted by thieves, it happened in burlingame yesterday morning. police say the suspects ran into the store, grabbed iphones and ipads and fled the scene in a get-away car waiting for them down the street. just last week three men in hoodies stormed into an apple store in santa rosa and took off with more than $35,000 worth of merchandise. walnut creek was also targeted. thieves snatched $30,000 worth of iphones and laptops there. it's not clear if these three robberies are connected. >>> after a routine traffic stop o

juliette parkin reports. compete, according to herfather, she was a very determined young athlete. ellie soutter won britain's only medal at the youth olympics last year. now her father is trying to help other athlete achieve their dreams. one of the things ellie was acutely aware of was how much it was costing me, and until these athletes