. ♪ we will be taking you to tokyo, sydney, and kuala lumpur. strengthening yen weighing on exports, climbing the most in a month. a sales tax rise on the back burner. $50, talk ofnder the deal on capping production. iran says there is nothing in that for them. demand for private planes has dried up and it has become cheaper to buy from abroad. you think ofhat our top stories. follow me on twitter at #ishaadtv, and use that trendingbusiness. what is the mood like? david: caution at the moment. since u.s. markets reopened, expect trading to be range bound up to the jobs report, which could change the game. japan leading declines at the moment. the biggest one-day drop for shares in tokyo in a month. unsurprising given the strength in the japanese yen. south korea down a 10th of 1%. higher,ers revised 2.8%. some data out in the next 30 minutes or so. new zealand largely unchanged. just over 2200ng announce in the price of milk coulk. note, singapore with pmi data tonight, expecting 49.70. top optimists. remainthese indices to range bound. caution

live from the kuala lumpur forum. manus: great work today. well done, haslinda amin.e to paris next for the forum ahead of the interview with the organization's secretary-general. the one and only angel gurria, friend of the show. we will talk brexit after this very short break, with anna edwards and myself. ♪ manus: it is 6:30 a.m. 9:30 in dubai. let us get the first word news with rick sharga salamat. rioshaad: abe saying he will delay the increase in sales tax until 2019. it may help consumer spending but, it the government efforts to contain the debt effort. he had previously set only an economic shock on the scale of lehman brothers or major earthquake would prompt delay. banks cutting senior investment positions, all part of the ceo's three-year plan. a person with knowledge of all of this saying they will shed around 30 positions from the cash equity businesses in japan, and india. it amounts to about 8% of the work phrase. volumesack as trading fall, and they announced similar cuts this year. fink saying hery expects consolidation in the asset management indus

. >>> i've got another chase for you, this one on the streets of kuala lumpur. if you look in the fast lane we see what's going on -- >> oh! come on, it's going really fast. >> at the same time -- >> things to see on the street of the city. this particular ostrich, he escaped and wanted to stretch his legs, he found a new home at the ostrich wonderland in malaysia. if you want to see the ostrich. it's there. >>> the great words of dr. peter vengman, cats and dogs living together, mass hysteria. >> that dog i believe it's a schnauzer, is looking for something underneath that barbeque, because something cute is under there. >> you see that? you see that? two paws making an appearance. they belong to a kitten, the dog is trying to help the kitten out? >> or is he trying to eat the kitten? >> absolutely positive he's trying to help the kitten out. >> i'm perfectly sure it's going to be okay. [ laughter ] >> but notice right there, the kitten pokes its head out, then its paws and then the dog takes a paw and perfectly nudge it is out that way and they go on and live

. >> le mostraremos la desesperada carrera de una avestruz en una autopista en kuala lumpur ♪ nunca escuchasteos servicios pÚblicos de la ciudad, el comitÉ olÍmpico internacional apoyÓ la decision de atletismo de vetar la presencia de atletas rusos por caso de con peaje, manifestaron que respetan las decisiones adoptadas por las decisiones de cada deporte, celebran el prÓximo martes una cumbre que podrÍa permitir la participar de algunos atletas rusos no involucrados en este caso. >> bueno, es momento de ir a los deportes, ya nos acompaÑa copan Álvarez. >> ¿quÉ tal? muy buenas tardes luis a todos y bueno hay sorpresa en la eurocopa porque la selecciÓn de portugal se ha complicado, hoy tuvo la posibilidad en numerosas ocasiones de poder ganar austria, sin embargo, su clasificaciÓn ahora estÁ en riesgo, vamos hasta el parque de las prÍncipes en la capital francesa en parÍs, despuÉs hay una falta en el Área y miren lo que hace cristiano ronaldo en el Último penal le habÍa dado la champion con real madrid, aquÍ la pelota se estrella en el palo, despuÉs iba anotar pero estaba en clara posiciÓn adel

the plane was flying from london to kuala lumpur yesterday when it hit severe turbulence and started shaky violently. the cabin was left in complete disarray with food carts and other items tossed around. several people, though were treated for minor injuries. >>> little boy in japan is very thankful for a sturdy glass wall. the 2-year-old and his family got the scare of their lives while they were checking out a huge lion at the zoo. the lion pounces the moment the boy turns his back. after the initial scare and a few gasps. the boy quickly realizes he's safe and lets out a nervous laugh. watch it again. >> that poor kid's therapy bills for the next decade -- >> i watched this on repeat so many times. >>> all right, a brazen robbery in the meantime was captured on camera. you won't believe who was behind it. a mischievous monkey pushed its way into a jewelry store in india. the monkey then opened a drawer and grabbed a handful of cash. take a look. the worker tried to entice the monkey with the fruit but the cash was apparently more appetizing. the monkey got away with 10,000 -- 150

the latest a long as you compare it to the more developed markets like kuala lumpur in malaysia.he infrastructure etc. etc.. thank you very much for joining us. we got the bank of japan policy choices. we'll be talking with the latest criticisms of one of the board members. that is when bloomberg markets middle east returns. ♪ they now say the inflation target more not be hit anytime soon. the yen is surging on that news. very interesting comments coming from japan. a frequent critic of the bank of japan. he is talked about negative rates before. it is not surprising that these comments are coming up. he was very pessimistic about the economy as well as the bank of japan strategy. he did say that japan cannot get was justf asian target monetary policy alone. there needs to be a flexible rolling target as well. he is stressing for policy measures. he says it should be flexible. it is not necessary to really hit it at all costs. he does want to adapt the economy for the potential of 0% benchmark. the outlook he sees the economy. he was doubtful about negative rates. saying the comb

mh 17 was flying from amsterdam to kuala lumpur in july 2 years ago at the height of the fighting betweenave and pro-russian separatists. the triple seven was most likely hit by a missile fired from rebel territory. all 298 people on board were killed. that had they been more careful choosing what path they want to take, they could have avoided this, and that is the position we are taking. say for not taking seriously the warnings that were given. has seen the rains river sand in paris break its banks. moved precious artwork out of basement areas. the river has not been this high since 1982. storms have left a people dead and thousands of homes without power. paris had three times its average rainfall in may. monday's rainfall set a record. powered by over 2400 journalists and 150 bureaus around the world, this is bloomberg news. up next, taking on the to make itsthe fed stress test even tougher. this is "trending business". ♪ rishaad: you are back with "trending business". the fed is promising down to to crack down on big banks. >> stress tests for wall street's biggest banks are going t

is "trending business". .nd i am rishaad salamat ♪ we will be taking you to singapore, sydney, kuala lumpurd taipei. brexit concerns adding to anticipation about central-bank meetings. polls suggesting britain will leave the european union next week. the bookies don't agree. virgin australian, selling stock 29% below closing price. , whileles have expanded militants have disrupted production in nigeria. they are considering peace talks. do follow me on twitter at @rishaadtv, please use #trendingbusiness as well. include decision not to a-shares in about 30 minutes from now. malaysia, taiwan, giving their verdict as well. noninclusion is oh top story. -- our top story. investors are now looking ahead, what will happen over the next , a seriesthe fed, boj of data points coming out of asia, most important of which will be a fresh set of trade numbers, new credit numbers come excuse me. that said, the kleins for a declinesaight day -- for a fifth straight day, extending losses on wall street. losses deepening on very thin volume. various metrics of implied volatility continuing to creep up. vix

kuala lumpur just coming on line. a lot to grapple with so far today. what's going on? market order, just , was don'tthe price lose money. try not to lose money. try to not lose as much money as possible. let's get started with what happening injured dan. japan. what happening in we are down over 7%. normally, that would be the biggest drop in years. that's only the biggest drop going back to may. there we go. 8%. 8% now. no one stock is actually driving that. i was looking at my bloomberg. just about every single stock on the index. every single one, with the exception of maybe five way down.the it's pretty broad-based with across.declines the nikkei down 2.25. the global selloff. let me get you in number. from the close on friday, we are cap that'sa market basically been wiped out. $1.5 trillion. at least. that's just the world's biggest socks. it doesn't include these small-cap stocks. are looking at yields pushing further and further, in some cases into negatives. australia's 10 year, for example, that has been a record low. japan is further below it -17 basis point

. ♪ we will be taking you to tokyo, sydney, and kuala lumpur. weighing on exports, climbing the most in a month. a sales tax rise on the back burner. $50, talk ofnder the deal on capping production.

adam, our kuala lumpur bureau chief in singapore today.us: coming up, the orlando massacre sparked the latest emotio get ready for the rio olympic games by switching to xfinity x1. show me gymnastics. x1 lets you search by sport, watch nbc's highlights and catch every live event on your tv with nbc sports live extra. i'm getting ready. are you? x1 will change the way you experience nbcuniversal's coverage of the rio olympic games. call or go online today to switch to x1. the last 90 minutes of .he trading day in tokyo dur ♪ rishaad: your top stories. ihs, saudi spending $93 million in armaments. rival,ing its regional iran. manus: china's economy steady in may head industrial production rising 6% from one year earlier. 10%.l sales climbed fixed percents of the 9.6% below forecasts. moderating factory gate deflation, the data suggests that fiscal support doing their job. killed: the gunman who 50 in a florida nightclub is the worst shooting. had been working as a security guard since 2007. the fbi had investigated him twice before him said

we have taiwan, singapore, kuala lumpur coming online. this is the storm after yesterday's calm.avid: that is what we are seeing. asia is rejoining the global south. -- cell. this is what we are seeing across the asia-pacific. trade down over 1%, the is short in equities. high-yield inil, currencies. if you go long on gold, you go on sovereign bonds. one hour in, we are looking at over $100 billion in market caps, since the open in tokyo. as far as the biggest decliners, take your pick. we are watching financials very closely, following the cell off -- selloff. let's look at the damage across different sectors of financials. we had a line coming through on the terminal. you look at the prices from we are looking at the cost to ensure. off a couple of basis points depending on which country are looking at. that adds to the complexity of the issue, when you have credit risk on the way up. of course, banks will get sold off quite heavily. that is what we are seeing at the moment. have a look at the bond yields closer and closer. this is zero for some. brothers like japan, deeper int

kuala lumpur, singapore, and taipei all coming online. welcome to the wednesday market party.s looking more positive than half an hour ago. waiting for malaysia and singapore to update. taiwan up for tens of 1%. 1%,ei 225 up by 4/10 of first-quarter gdp number, 1.9%. the yen start to strengthen released, data was which did weigh on export stocks. a bit of a turnaround coming through there now. flat, but aospi solid session tuesday as the won strengthens against the u.s. dollar. also ahead of the trade data out on thea, some weakness london metals exchange. a great host from those energy players in the region. we will expect that in hong kong as well when the market opens. new zealand has been in the red, down by a third of 1% for most of the session. , thanks toonal index the lead in japan stocks, the regional index higher, holding on to the six-week highs, driven by gains in oil and gas players. a look at that crude price, still holding above $50 a barrel. of this about supply concerns in nigeria pushing the oil price higher. more of a comeback in the gold price as well. a qu

is "trending business". .nd i am rishaad salamat ♪ we will be taking you to singapore, sydney, kuala lumpurding to anticipation about central-bank meetings. polls suggesting britain will leave the european union next week. the bookies don't agree. verge and australia

flight 370 disappeared in march of 2014 while flying from kuala lumpur to beijing.here were more than 200 people on board. >>> top health officials say that the delay in getting congressional money to research the zika virus is preventing the control of disease spreading mosquitos and the tools to prevent the disease. president obama requested $1.9 billion for zika but only wednesday did the senate vote to begin talks with the house over funding. officials from the centers for disease control and prevention say that it only takes days for the epidemic to spread! and the sooner congress acts the better. >>> 5:45. let's check traffic and weather. is it "friday light"? >> yeah, it is, actually. you could say that. we've had a few little accidents here and there but overall we are seeing fewer cars on the road except for here at the bay bridge. it's always the same getting into san francisco. metering lights were turned on 15 minutes ago. so we are left with this a backup that extends not quite to the maze but getting there. and the eastshore freeway is nice and light.

other cities are beirut, lebanon, durbin, south africa, kuala lumpur, and la paz, bolivia. >>> comingon 2: the 9". >> that's right. it's the new dance challenge taking over the internet. up next a local police department testing out their moves and the professional dance team that might be showing them up. >> the running man. >> i could never do that. good for them. not me. i couldn't. there's nothing like trying something new. especially when it comes to snacking. with the laughing cow's nine flavors of creamy cheese, there's no end to what you can discover. the laughing cow. reinvent snacking. >>> the giants have now lost three straight games after dropping their series opener with the boston red sox. the game went into extra innings in the tenth with the bases loaded, santiago casilla gave up a tie breaking single. boston won 5-3. the giants were without buster posey, who has been bothered by an irritated nerve in his right thumb. they play again at at&t park. let's hope it doesn't come down to the closer being in there again. >>> the a's mount add comeback and dropped an interleag

of 2000, the first of the hijackers landed in los angeles after attending an al qaeda summit in kuala lumpurthe two saudi nationals, nawaf al hazmi and khalid al mihdhar, arrived with extremely limited language skills and no experience with western culture. yet, through an incredible series of circumstances, they managed to get everything they needed, from housing to flight lessons. >> roemer: l.a., san diego, that's really you know, the hornet's nest. that's really the one that i continue to think about almost on a daily basis. >> kroft: during their first days in l.a., witnesses place the two future hijackers at the king fahd mosque in the company of fahad al-thumairy, a diplomat at the saudi consulate known to hold extremist views. later, 9/11 investigators would find him deceptive and suspicious and in 2003, he would be denied re-entry to the united states for having suspected ties to terrorist activity. >> roemer: this is a very interesting person in the whole 9/11 episode of who might've helped whom in los angeles and san diego, with two terrorists who didn't know their way around. >>

zpl we were in kuala lumpur, an old woman came up to me in the lobby.he said, are you with muhammad ali? i said, yes. do you mind if i meet him. if you come tomorrow, doing road work at 4:00, be in the lobby. so, i said, where is your son? we went down, she said he's a leper. we went to -- >> wow. >> and they put the food out to them a walk away. here was ali and my sitting there right with the lepers talking to them, muhammad ali hugging them and kissing them, saying i'm going to pray for you. i went back and took about ten showers. ali, are you nervous? no, god's going to always take care of me, but this was the type of person he was. >> i can't tell you how thankful i am you stopped me from cutting you off. that was a wonderful, wonderful story. thank you so much for being on. muhammad ali's business manager and thank you very much. >>> well, no one knows the battle ali went through with parken son's morn his own family. they stayed with him through the whole ordeal. more with neil and his daughter. >> he gives me strength. he's my rock. i spoke to h

millones de personas emitieron su voto, en la lista estaba la paz en bolivia, beirut en lÍbano y kuala lumpurimos con la copa amÉrica centenario hoy amanecieron muchos muy contentos y otros no tanto ahora van a ver por quÉ. >> vamos con el reporte del dÍa. >> ayer colombia jugÓ su segundo partido contra de selecciÓn de paraguay que no pudo con los cafeteros que tuvieron a james rodrÍguez en la cancha fue clave para la victoria de la selecciÓn 2 - 1 en lo que fue un partido colombia se lleva su segunda victoria del torneo. >> en el otro partido de ayer la selecciÓn de estados unidos se recuperÓ de la derrota contra colombia y le pasÓ por encima a la selecciÓn de costa rica, ahora si la escuadra de jÜrgen klinsmann logrÓ una victoria, el primer gol fue un penal cobrado por clint dempsey despuÉs el otro jugador, faltando 3 minutos para el final meterÍa el cuarto, con esta goleada estados unidos sigue con opciones para cuartos de finales mientras que ticos estÁn al borde de la eliminaciÓn. >> siguen descartando las refuerzos para la selecciÓn mexicana sub 23 para rÍo de janeiro la federaciÓn mexi