♪ ♪ kuala lumpur. happy to be here, but brimming with mixed emotions.and flavors i remember so well. this is where a wandering soul, such as myself, can dive right in and get some of that straights chinese food i've been missing. first order of business -- dinner. been on a plane for like, i don't know, it was long. very long. saw like five mark wahlberg films. i can't tell you how excited about the prospect of getting some black pepper crab, some char kuey teow, and some pork related noodles. and a regional beverage. reasonably cold. i don't even know what this is. i love you, noodles. don't want to get all heavy and philosophical at this point. like why i'm here, what my mission is, what i expect to find. basically retracing my steps and all that -- we'll talk about that later. right now, noodles. mm, good wok hay. place is most excellent. ah, char kuey teow. >> waitress: char kuey teow. oh, look at the greasy, fatty -- yes. come to daddy. i'm a bad man. look at this like random restaurant. with like a purloined minnie mouse logo. and their food is un

joining us live from kuala lumpur.ext guest says of oil goes higher, it could improve global demand. we will hear the reasoning behind that. also, very interesting calls from other investment banks. the complete story. ♪ yousef: welcome back, you're watching bloomberg, i yousef gamal el-din in dubai. angie: and i am angie lau in hong kong. a chain may be selling a controlling stake. their advisors have contacted potential bidders, which are likely to be large, family-owned company's in the region, and private equity firms. it could fetch half $1 billion. geant has stores in the uae, saudi arabia, and kuwait. yousef: they have reopened two of their oil fields and may load its cargo. they plan to double the output next year. it will boost oil production by 175,000 barrels in a month. by 275,000 barrels a day in three months. saudi arabia may be considering increasing retail oil prices for a second year. the move will be announced this month. the government is looking at two scenarios. they are either a linking oil prices

board disappeared flying from kuala lumpur to beijing. global news 24 hours a day, powered by 2600 journalists, in 120 colors. this is bloomberg. mark: let's continue global coverage of the top geopolitical stories. matt miller is in berlin where he truck allowed into a christmas market killing 12 and injuring others. constantine joins us understandable. russia vowed -- joins us from istanbul. russia vowed to step up the offensive against terrorism. we have had challenges from angela merkel addressing the nation. let's listen to that as she addressed the nation. there is so much about this that we don't know yet with required certainty. based on current evidence we need to assume this was a terrorist attack. it would be difficult for all of us to bear if it was confirmed a person committed the crime that came to germany to ask for protection and asylum. incidence ofse the the last 24 hours puts pressure on chancellor merkel to guarantee the safety of the german public? matt: absolutely. the most pressure right now is on the german federal

the flight vanished on the way from kuala lumpur to beijing in 2013. 239 people on board. >>> christine lagarde found guilty of negligence from a charge when she served as french prime minister. she is accused of giving preferential treatment on a legal challenge on the government. lagarde's lawyer says she will repeal. so far, no punishment handed down by the court. the board has met and reiterated its support of their chief. >> interesting situation with her. >>> it remains to be seen what impact if any the assassination of the russian ambassador to turkey may have on the effort to evacuate residents from eastern aleppo. new clues may emerge when the foreign ministers from turkey and russia meet in iran today to discuss strategies on potentially ending the conflict. more than 130 buses took civilians out of the war zone in the past 24 hours. cnn's muhammad lila is live with the latest. muhammad, how is the evacuation going? do people know about it? do they have a reaction to it? >> reporter: miguel, the immediate concern in the aftermath of the assassination was how was this going to

they race along hong kong's victoria peak and partner with runners in kuala lumpur, singapore and southgether the asia relays raised more than $700,000 u.s. dollars since 2010. >> slowly i started to go back to hi home roots. when i found occupant about the problem of slavery in india, i felt really bad because i felt i'm living in a privileged area of hong kong. i always go back and i slowly got interested in the 24 hour race itself. >> reporter: at 5:00 on a sunday morning the finish line feels far. >> very, very tired. four hours to go. a few of us have injuries and some of us are starting to get a bit sick. when you get a cramp and you're running, you feel like you can't go on anymore, just think about what they're going through and keep ongoing for them when you can't go on for yourself, like when you want to give up, go on for the cause. >> reporter: the fuel for these runners, fighting for so many others. alexandra field, cnn, hong kong. >>> for more on that story and our other stories, you can go to cnn.com/freedom for our freedom project stories we do here. coming up, kids disc

that malaysia airlines flight you'll remember, of course, vanished on its way from kuala lumpur to beijing. >> president-elect donald trump will be responsible for america's reaction to these terror attacks. what do we expect based on what he is doing now? we'll ask a top member of the transition team and also the president-elect was just tweeting about something that's almost completely off topic. why? at jared... ...we turn feelings... ...into jewelry. jewelry that tells her she's the best thing that's ever happened to you. in a way that goes beyond words. it could be a piece jewelry designers created just for jared. or a piece we custom made... ...just for you. because we're more than a store that sells beautiful jewelry. we are jewelers. the one, unique gift... ...that tells her exactly how you feel. that's why he went to jared. the market.redict but through good times and bad... ...at t. rowe price... ...we've helped our investors stay confident for over 75 years. call us or your advisor. t. rowe price. invest with confidence. but when we brought our daughter home, that was it. now i

bloomberg pessimist guide to 2017. 30 minutes away from the start of the trading day, singapore, kuala lumpur, taipei, let's find out. trading thatng the we have seen post-brexit and postelection, which is the initial knee-jerk reaction and we see a rebound that is really tracking those gains. and also the bounce and european equities as well. things stay with positive sentiment. australia ahead of that rba decision. the monetary policy. shocking comments that he would be stepping down. taiwan also up by 8/10 of a percent. very strong gains of over 1% there. bit coming through from southeast asia. is shaping up. the turnaround story of 2016 and going to 2017. they really made this call. it is about 1991. it looks like we're coming to the end of this losing streak. we are up about 12% today. oil, copper, zinc. this is the return of the space when it comes to gold. really an indication that the safe haven demand, what was left coming through. europe has also recovered as well. this is what is doing ahead of the rba decision. will be trading at 7.5 for the u.n. overnight. see what comes out and

singer laura, taiwan and kuala lumpur are just coming online. david: i don't have anything lost to say. we are caught in this lul; between-- loll christma an new years. you look at some of these markets. they are basically treading water. bobbing between gains and losses. that's the case in new zealand and japan. at a lack ofg capital. do you keep in mind come as we move into the last few days of this year, we seen a lot of money get sucked out. malaysia, taiwan, the philippines, these are some of that have really gotten sucked out. we are flat in the regional benchmark. it might get interesting when china and hong kong open up. currency markets as promise, we are seeing dollar -- dollar strength come through. thing is quite thin. there's not a lot of activity going on. it comes at a time of the day when a lot of these banks in japan come up with their daily yen fixes, if you will. have a look at sterling and cable. lack of news? i'm not going to speculate on why we are seeing these moves. 1.2287 is what we're looking at here. we are pulling bac

anyway, the open in singapore, taiwan, and kuala lumpur coming online., the to set demand for havens, coming down to the fact how the market was position coming into this week. the governor of the central bank scheduled to speak. that being said, money coming into u.s. bonds, that is your yield right there. gold coming off its highs, .1% higher at the moment. equity markets doing this, three markets opening up, so a bid for the three. that said, major markets, these are levels where we have been training for the most part of this morning, volumes picking up as well. this over lining is things have stabilized following breaking news coming in early this zealand, the only market open. initially, a steep selloff when markets opened. up, thensts ought quickly reversed itself, and now the yen is weaker. have a look at euro-dollar, a two-year chart. int to put it into context the greater scheme of things, that's about 105 right there, a two-year low march 2015, that's a 20 month low. we are below that. you look at how things are shaping up into next year, a lo

i recently had an opportunity to meet with north koreans six weeks ago in kuala lumpur, and i -- since their proposition is everything change when we get this capability, i suggested what might really change is their vulnerability. they will become eligible for preemption under that circumstance. i don't believe a president, an administration would tolerate the launching of a north korean ballistic missile at the united states of america if he or she could do something about it. so preemption would be on the table in ways it isn't now. and that will be new. and not from, -- not from a norh korean perspective good news. we don't know what they think about their current capability. do they believe if they get into an adventure again, shelling an island, sinking a south korean ship or something like that, that the united states and the republic of korea will hesitate because north korea now has nuclear weapons? from our perspective and long decades now dealing with soviet union, then russia, china, we wouldn't expect nuclear weapons to have that kind of influence over another state's acti