prime minister malcolm turnbull as well as the japanese. they told north korea and trade mr tramples i spake to the nations present. where the white house says they discussed human rights and the philippine on drugs . ok let's go live to our correspondent who's at that summit rob bride what ship least specifically be looking out for then clearly to president trump is going to have a very sympathetic ear when he mentions his thoughts on north korea. well that's right this is a very receptive audience asked as he and talking about the north korean missile program the asean nations have expressed their alarm of that program and it has to be remembered martin that this week we see a significant milestone if you like it's going to be sixty days tomorrow that we have not had a missile launch a missile test by north korea now this is led to all kinds of speculation at the moment that possibly north korea might be creating the kind of conciliatory atmosphere that might just lead to some sort of dialogue and what's a way to this is recent statements

this is australian prime minister malcolm turnbull's attempt to put an end to all can only be described as the jewel citizenships saga that is completely dominated australian politics for the last few weeks it was last month of course that australia's highest court threw out five and paintings from parliament that were being jewel citizens even though they claim they didn't realise they were but the high court interpreted the constitution in a very strict way since then other m.p.'s revealed that their parents or grandparents were born in other countries and have stood down from parliament because they also think that they might be citizens well malcolm turnbull is saying that every politician now by the sum of the first half of the clare where they were born where their parents were born and where their grandparents were born and if any of those people were born outside of australia a politician has to prove that they have renounced any potential citizenship he is desperate the prime minister so you stop this dominating the political cycle into next year as well as the end of this. for

the void is non-binding been destroyed his prime minister malcolm turnbull said parliament would now legislation on the bill. i voted yes for a commitment i voted yes for love and now it is up to us here in the parliament of a strike to get on with it. they get on with the job the astrology and people of toss just to do and get this done this year before christmas. eve the bill

paul: malcolm turnbull went on to say the goal is to get it passed by christmas.g an end to the political battle over this issue, or is it just beginning once again? paul: no, we are nearly at the end, but not quite. there are a few things to iron out. most conservatives oppose this for reasons like, can you force a religious official to marry a same-sex couple if it conflicts with their religious beliefs? another was to trot out the example of someone you might have firm religious convictions, do they have to be forced to bake a cake for a same-sex couple that wants to get married? one of the key conservatives that oppose this was kevin adams. law, ands it to become these are discussions over concessions for religious exceptions. he expects no major hurdles there. it looks like the debate is done. yvonne: thank you, paul allen joining us in sydney. oil remains under pressure amid reports russia is yet to be convinced about extending output curbs. this is bloomberg. ♪ ♪ yvonne: this is "daybreak asia." i am yvonne man in hong kong. ramy: i am remy inocencio in new

rate rigging and failing to follow anti money laundering rules now australian prime minister malcolm turnbull is heeding calls by other parties as well as members of his own government to start an official inquiry. australians deserve and expect the highest levels of service and accountability and for the vast majority that's exactly what they receive. since the financial crisis however they have been examples of misconduct by financial institutions some of them extremely serious and that's demanded a response from the institutions themselves and from government australian treasurer scott morrison wanted to dissipate any fears about an inquiry by sending investors a positive message. astride these banks are unquestionably strong nothing that we've announced today china has this or gives any reason to question this on the part of the government the investigation will take about a year's time banks across the globe have been handed ever tougher regulations perhaps in australia those rules weren't tough enough siemens europe's largest industrial complement chose frankfurt over new york for the l

and malcolm turnbull said except us.f. >>> president trump taking a moment from his big asian trip to use the carrot and stick on kim jong-un. why would kim jong-un insult me by calling me old? is when i would never call him short and fat. oh, well, i tried so hard to be his friend and maybe some day that will happen. >> at a news conference the president suggested it is not impossible to imagine he could be friends with the leader whom he's also called little rocketman. >> strange things happen in life that might be a change thing to happen. but it's certainly a possibility. if that did happen, it would be a good thing for -- i can tell you, for north korea, but it would also be good for lots of other places and for the world. >> cnn's will ripley is the only american news correspondent in north korea. he's live for us this morning r morning in pyongyang. we have a new in1usult. what are you hearing? >> reporter: just stop and take that in for a moment that you have the president of the united states telling the leader

lawmakers and his conservative coalition vow to support the demands australian prime minister malcolm turnbull finally a great is at the inquiry would help restore confidence in the banking sector australia's banks stand accused of providing misleading financial advice avoiding life insurance payouts by using outdated medical definitions as well as rate rigging and failing to follow and the money laundering rules now australian prime minister malcolm turnbull is heating calls by other parties as well as members of his own government to start an official inquiry. this trial ins deserve and expect the highest levels of service and accountability and for the vast majority that's exactly what they receive since the financial crisis however they have been examples of misconduct by financial institutions some of them extremely serious and that's demanded a response from the institutions themselves and from government australian treasurer scott morrison wanted to dissipate any fears about an inquiry by sending investors a positive message. astride these banks are unquestionably strong nothing that we

malcolm turnbull now has a minority government. is a downside for the aussie dollar.ek for china -- weak for china. money growth numbers are expected before wednesday. trading is getting ready to start here in asia. inflation is one of the hot ticket items we are all watching. does it move the needle going into the december meeting? >> it could do, but it probably won't do much good we had a on friday bond yields in the u.s.. i think what is important about the wednesday inflation number, and what is highlighted why the folks at morgan stanley, if we get a sizable miss to the cpi number, we could see a significant reprising of fed policy. specific to the december rate. morgan stanley is saying you can go from 80% locked in for the december hike down to 50% if we get a miss on the cpi number. that is particularly important, given the market is already pricing it in as a done deal. we have seen spread compression on u.s. debt relative between the 3, 5 and 10 year in recent months as the market has priced in for that. janet yellen continuing to talk about the inflation m

prime minister, malcolm turnbull, said australians had voted for fairness and love.ent the announcement was made. for the national result, "yes" responses 7,817,247, representing 61.6% of clear responses. that's 61.6% of clear responses were "yes". "no" responses 4,873,987, representing 38.4% of clear responses. that's 38.4% of clear responses were "no". our correspondent hywel griffith is in sydney. the yes camp continued to celebrate in prince alfred park in sydney. you we re in prince alfred park in sydney. you were there when it was announced, a momentous moment for many people there? yeah, the response was rapturous, heartfelt, loud and very, very proud. there were tens of thousands here, two hours on people are still dancing and celebrating, that will carry on all day and all night on the streets of sydney. although for years the opinion polls have suggested the majority of australians were in favour of legalising same—sex marriage, nothing was given in this campaign, it became pretty bitter and hurtful at times but that result you have heard there is fairly co

the prime minister of australia, malcolm turnbull, still thinks that's a priority, he still wants hisy to try to relocate some of the refugees from papua new guinea and nauru to other countries, because all the way through this australia says no refugee on manus island or nauru will ever set foot here in australia. film earth in sydney, thank you very much. —— phil mercer in sydney. donald trump has arrived injapan, the first stop on what will be the longest tour of asia by an american president for a generation. in an address to us and japanese troops at an airbase near tokyo, mr trump praised the alliance with japan. the tour is set to be dominated by the crisis over north korea's nuclear programme. sophia tran—thomson has the latest. touchdown in tokyo. after flying in on air force one from hawaii, the president and first lady met with us troops stationed in the region. much to the delight of the greeting party, the president gratefully accepted his official military gift. i like this better! you can have myjacket, just... in an effort to strengthen ties, the tour of asia will be t

prime minister malcolm turnbull said his government would now aim to change the law by christmas.ess aid is let in, millions more lives will be at risk. some 80% of the country relies on aid to survive. extreme hunger and disease are already killing an estimated 130 children a day. now on bbc news, tuesday in parliament.

rate rigging and failing to follow anti money laundering rules now australian prime minister malcolm turnbull is heeding calls by other parties as well as members of his own government to start an official inquiry. and expect the highest levels of accountability and for the vast majority that's exactly what they receive. since the financial crisis however there have been examples of misconduct by financial institutions some of them extremely serious and that's demanded a response from the institutions themselves and from government australian treasurer scott morrison wanted to dissipate any fears about an inquiry by sending investors a positive message. astride his banks are unquestionably strong nothing that we've announced today china has this or gives any reason to question this on the part of the government the investigation will take about a year's time banks across the globe have been handed ever tougher regulations perhaps in australia those rules weren't tough enough the men's europe's largest industrial chose frankfurt over new york for the listing of health than is its medical busin

meanwhile the australian prime minister malcolm turnbull says he's pleased they've been moved now i'm pleased to say in terms of man as the reports we have that. of the people at man as leaving their complying with the lawful directions of the pay injury authorities and moving to the alternative facilities available to them and that as a short. that is precisely what you should do if you're in a foreign country you should comply with the laws of that other country saudi backed syrian opposition groups have agreed to form a fifteen member delegation to attend next week's u.n. sponsored talks again demand the resignation of president bashar al assad meanwhile russia is planning to reduce the number of its troops in syria by the end of the year the argentine navy says a possible explosion was detected near the last known location of a submarine which disappeared more than a week ago families of the forty four missing crew members accuse the government of keeping them in the dark down a shuttle as more a model plotter. the lights are still on the. naval base behind me here in mar del plat

activists say police destroyed their belongings to make them leave australian prime minister malcolm turnbull said he's pleased they've been relocated the camp was closed three weeks ago but the refugees refused to leave saying they feared being attacked by local people. morning the. prison camp and the. refugees. that time talking to. remove. prison time. present on one complex cloud. of refugees more. refugees poured. out for. a peaceful protest more than one hundred for more than a point. where. i think i think that. you know government and government. responsible. and this is what the australian prime minister had to say a short time ago now i'm pleased to say in terms of managing the reports we have that bus loads of the people at manners are leaving complying with the directions of the p.m.g. authorities and moving to the alternative facilities available to them and that as they should. that is precisely what you should do if you're in a foreign country you should comply with the laws of that other country. mckenna is an australian pastor and justice activist who just came back from an

from parliament last month under similar circumstances is another blow to the government of malcolm turnbull after the country's top court ruled that five days in eligible to hold public office. have been ten scenes between police and protesters in the australian city of sydney . hundreds of people criticize the treatment of refugees at the decommissioned prison camp or menace island they gathered outside a fund raising event for the ruling conservative liberal party they're demanding four hundred refugees refusing to leave the can be resettled in australia. junius is president. c. has extended the sales of emergency for three more months it was first occurred in november two of the fifteen after a series of attacks and gives police more power to ban strikes and public gatherings the extension follows the death of a police commander in tunis earlier this month right those are the headlines coming up next inside story. on counting the cost the prince's purge what it means for the saudi economy how rich do you have to be to avoid paying taxes call for tougher laws after the paradise papers sho

prime minister malcolm turnbull said his government would now aim to change the law by christmas.nt loans. they're targeting private colleges backed by the government to open up higher education to all. for a cut of the student's loan or cash, fraudsters can fix everything. they'll even help fake your course work.

an issue of results found more than sixty two percent support changing the law prime minister malcolm turnbull promised to make same sex marriage legal if a majority fact the idea. is striking people have spoken in their millions and they have voted overwhelmingly yes for marriage equality they voted yes they innes they voted yes for a commitment they voted yes for a lot of. and now it is up to us here in the palm and of a strike to get on with it to get on with the job the astrology and people of tossed us to do and get this done this year kenya's supreme court is hearing three petitions challenging last month's presidential election which was won by the incumbent who a kanada to the legal cases filed argued that the polls outcome is void because the election board did not hold fresh nominations after the first vote was in the old the third is against the opposition blaming them for civil unrest the minimal reports from nairobi. this is the second time in three months that the supreme court is hearing petitions against the results of a presidential election back in organist it had ruled they

lawmakers in his conservative coalition vowed to support the mons australian prime minister malcolm turnbull finally agreed that the inquiry would help restore confidence in the banking sector australia's banks stand accused of providing misleading financial advice avoiding life insurance payouts by using outdated medical definitions as well as rate rigging and failing to follow anti money laundering rules now australian prime minister malcolm turnbull is heeding calls by other parties as well as members of his own government to start an official inquiry. deserve and expect the highest levels of service and accountability and for the vast majority that's exactly what they receive. since the financial crisis however there have been examples of misconduct by financial institutions some of them extremely serious and that's demanded a response from the institutions themselves and from government australian treasurer scott morrison wanted to dissipate any fears about an inquiry by sending investors a positive message. astride its banks are unquestionably strong nothing that we've announced today

this is australian prime minister malcolm turnbull's attempt to put an end to all can only be described as the jewel citizenships tsonga that is completely dominated australian politics for the last few weeks it was last month of course that australia's highest court threw out five and paintings from parliament being jewel citizens even though they claim they didn't realize they were the high court interpreted the constitution in a very strict way since then other m.p.'s are revealed that their parents or grandparents were born in other countries and have stood down from parliament because they also think that they might be citizens well malcolm turnbull is saying but every politician now but to some of the first half of the class where they were born where their parents born and where their grandparents were born and if any of those people were born outside of australia that politician has to prove that they have renounced any potential citizenship he is desperate the prime minister to stop this dominate sing the political cycle into next year as well as the end of this. papuan you're

sex marriage results of a postal survey found more than sixty percent support the measure mr malcolm turnbull promised to make same sex marriage legal if a majority backed the idea. now russia's defense ministry has been accused of lying after releasing what it calls evidence of the us working alongside eisel it turns out the footage was taken from a video game or a challenge reports from moscow. when russia's ministry of defense accused the united states on tuesday of affectively collaborating with i still in syria it wasn't the first time that it had made such accusations but this time it said it had irrefutable proof photos which were put out on the ministry of defense as facebook and twitter accounts grainy drone images apparently of a convoy being left alone by u.s. forces but it didn't take too long for eagle eyed observers on social media organizations like the citizen journalists belling katz and conflicts intelligence team to see that they had noticed these images before and actually they weren't what they were training they had come from what he was one of them from a mobile phone c

site refugee activists say police destroyed their belongings to make them leave prime minister malcolm turnbull says he's pleased they've been relocated the camp was closed three weeks ago but the refugees refused to go saying they feared being attacked by local people. morning police can you point out a fact that treatment. some of the refugee. women that i'm talking. off that refugee. life force from the prison camp you saw. how you. treated on the. complex plea crowd moment that refugee. he poured in you poorly and immigration. there may be that refugee board they put in repeated use like for. even that situation that. the peaceful protests only wartime one hundred or more nine point. where. you know people only. i think i think that. you know big government military and government. response people want to talk to jared mckenna he's an australian pasta and justice activist who just came back from an asylum and joins us on skype from sydney reports now that all the refugees have been moved from the camp one of the you've been hearing jared about the police operation to forcibly remove them th

and another resignation in australia's joel citizenship crisis find out what this means for malcolm turnbull's government. from dusk the sunset it's proving something. to summarise the topic asian metropolis hello there is turn the corner now for some of us in parts of europe you can see on the satellite picture this area of cloud it is gradually sinking its way southwards a behind it that's where the cool fresh air is so for many of us the temperatures won't be getting that high as we head through the next few days before warsaw maximum would just be around six degrees and for moscow will only be at around four towards the west here it's a little bit milder london they get into eleven those temperatures though dropping as we head into sunday but generally in the west still mild but still rather wet as we head through sunday so paris will be up to thirteen degrees we do expect a fair amount of plowed a few outbreaks of rain for the mediterranean there's also some rather active weather here as well you can see this area of cloud here that's working its way across the southern parts of italy on

and australia's prime minister malcolm turnbull has proposed making all lawmakers prove they are not dual citizens and that's after several politicians were disqualified for failing falling foul of an obscure rule that bars dual citizens from sitting in parliament if the measures are passed m.p.'s will have three weeks to declare where they and their parents were born or. place in the us are investigating a mass shooting that left dozens of people dead at a church in texas witnesses say the victims include a pregnant woman and children as young as five years old police have said that the gunman pled the scene then died of a self-inflicted wound sunday's tragedy in a small texas town has opened another chapter in a years long debate over america's access to guns. a candlelight vigil for the victims of the fatal shooting at the first baptist church of sutherland springs residents of this small texas community struggle to make sense of what happened. here. authorities say twenty six people were killed and about twenty. others were wounded sunday after a man dressed in black combat gear

australia's prime minister malcolm turnbull has proposed making old national lawmakers prove they are not dual citizens several politicians have already been disqualified after falling foul of an obscure rule which passed your citizens from sitting in parliament if the measures are passed to m.p.'s or have three weeks to declare where they and their parents were born. u.s. president donald trump has warned north korea that what he called the era of strategic patience was over speaking in japan on the first leg of his twelve day tour of asia mr trump also pushed his host to buy more american military equipment to protect itself against north korean attacks despite his comments mr trump said he would be open to talks with north korea's leader kim jong un. going for the gut president trump's hawkish stance on north korea got personal when he met with japanese families of those abducted by the nuclear arms regime he's not the first president to do so but with tensions the highest in years the meeting added emotional firepower to trump's tough talk emphasizing the u.s. is close and longsta

prime minister malcolm turnbull sad the government will aim to change the existing law before christmaswhich leads with uk prime minister theresa may who in a speech claimed moscow had meddled in uk elections and had carried out cyber espionage. the independent looks at comments made by billionaire businessman and former new york city mayor, michael bloomberg who says the uk's departure from the eu would likely slow down london's economic growth but said the capital would "be the financial centre of europe for the foreseeable future". meanwhile the guardian has a more ominous take on brexit‘s impact on london reporting european cities paris are hoping to cash in on brexit, by attracting up to ten thousands jobs to the french capital. and finally buzzfeed covers the uproar among young people online reacting to comments by a uk estate agent who said millennial couples priced off the housing ladder could save enough for a deposit in five years by giving up "luxuries" such as buying sandwiches, upgrading their phones or going on overseas mini—breaks. with me is lawrence gosling who's editor

here, malcolm turnbull is talking about the position. can pressure us to i think that they think that they can pressure us to let them to come to australia. i want to be clear. our border security, the integrity of our borders is maintained by my government. it is maintained by my government. it is maintained by my government and we will not outsource our migration policy to people smugglers. it looks like the pressure is to keep coming. a tweet from the australian refugee council here, saying: people are still very scared there. it says the men are calling and e—mailing, the men responsible for providing them to safety, peter turnbull. and more from wendy carlisle... and this is somebody inside the camp. behrouz boochani, he is a refugee and reporter. he is saying that the police beat up some of the refugees and forced them to the new prison camp. he has met some who are injured. and the bigger picture from john donison, he was there when the controversial policy was brought. in in australia, there are broad by partisan support at least

the void is nonbinding been destroyed his prime minister malcolm turnbull said parliament would now legislation on the bill. i voted yes for a commitment i voted yes for love and now it is up to us here in the parliament of a strike to get on with it. they get on with the job the astrology and people of task has to do and get this done this year before christmas. if the bill passes muster and it would be the twenty six country in the world to legalize same sex marriage. as you can see many people are celebrating in australia with the yes votes by sharing their love stories in social media as well like this couple this user says that even if the official bill still has to be passed by parliament in his eyes this marriage equality map sure looks a lot better after today some are marking the result of the same sex marriage survey in the only way the sydney opera house for example lit up the famous building in rainbow colors in a spectacular fashion the rain because of a symbol of gay rights but not everyone is celebrating we also have the no campaign posting this picture saying the yes campaign no

certainly cooler in the cities congress center there was nothing cool about prime minister malcolm turnbull's speech introducing german president steinmeyer thank you so much for this. prime minister today. you won't work you know straight here. and thank you for the guy to do the face to speak. with you sexist or come for us. usually politicians address the audience in their mother town. decision to speak in english that's also warmly received. right here in the meeting rooms and hallways delegates can make new contacts finalize partnerships and discuss their experiences with german australian collaboration yet. there are also some innovations to be checked out. economic ties between germany and australia are currently strong although trade flows are in balanced around seven hundred german companies have branches or subsidiaries downunder among them big names such as humans by and folks like him australia seems to want to move closer to germany the conference is a step towards further reducing the gap. is over a thousand people are turning this conference definitely more than expected one of

the voice is nonbinding been destroyed his prime minister malcolm turnbull said parliament would now legislation on the bill. i voted yes for a commitment i voted yes for love and now it is up to us here in the parliament of a strike to get on with it. to get on with the job the astrology and people of costs to do and get this done this year before christmas. eve the bill passes muster and it would be the twenty sixth country in the wonton eagle unstained thinks marantz. well the bills backers have been celebrating australia's yes vote by sharing their personal love stories on social media like this couple this user saying that even if the official bill still has to be passed by parliament in his eyes this marriage equality map sure looks a lot better after today some are marking the results of the same sex marriage survey in their own way the sydney opera house for example lighting up the famous building in rainbow colors and we also see high ranking politicians congratulating the country like canada us prime minister justin trudeau he says love wins in australia thrilled to hear au

aside trump met a full wishon's abe and malcolm turnbull.ouple of headlines from that saying the discussions have focused on trade and north korea , what i have been saying all along since i first started this tour with donald trump. donald trump goes on to say perhaps we will not get huge headlines until he gets back to the united states. a statementill make on trade and north korea after the asia trip. tonight, donald trump will be having dinner with malcolm turnbull. he will also meet with rodrigo president of the philippines, and it should be a different dynamic than when clashed swords, if you will, with barack obama about a year or so ago. rodrigo duterte using some pretty harsh language to describe mr. obama because obama pushed the issue of human rights as it relates to the big antidrug campaign and the extrajudicial murders that have taken place on the streets of manila. rodrigo duterte did not take kindly to that. supposedly we are hearing, trump does not plan to bring up human rights with rodrigo duterte, but if you saw the body l

malcolm turnbull has done a backflip. they could lose a vote on the floor of parliament. politically, we have a substantially weakened prime minister and treasury. in terms of the banks, there have been many missteps, especially from the commonwealth bank. is the royal commission goes after them, we could have even stronger regulations. —— apr. the banking regulator has put in place many over the past two years. that could impact the economy. how long do you think this probe could last and when will the royal commission released the findings? -- royal commission release. the government has given them a year. that is plenty of time. we will know in 12 months what the recommendations are it is going to make. it will all trickle out over the course of that period. anytime the banks try to rally too far there will be another news story to put them back. 365 days for the enquiry. this could hurt the share price and valuations of the banks. could this at the australian economy? yeah, confidence is important in any economy. conf

this is malcolm turnbull announced a wide-ranging commission. been pushing instead for an inquiry to restore public trust and in political uncertainty that they say is weighing on the sector. as you can see from this chart 83 86, aussie banks have been 2017 pressure for most of given the string of scandals we have seen in the space ranging from misleading financial advice, attempted rate rigging, anti-laundering laws. energy shares also under pressure as we wait to hear from the opec meeting in vienna this thursday. betty: thank you so much. we just had breaking news a few moments ago about marvin goodfriend being nominated to the board of governors on the fed. is a carnegie mellon university professor and why be respected, even possibly have been on the list to replace janet yellen at one point. our bloomberg global economics and policy editor kathleen hays has more. i'm looking to see the date of our story from june when there was word that two names were on the white house listed to become members of the board of governors. was chosen quickly

the president also met with the prime minister of india and another key ally, malcolm turnbull. >>> vice president biden was on the "today" show today. he said he's not closing the door on a white house run in 2020. >>> the alabama republican running for senate says he plans on suing "the washington post." moore claims the paper published false allegations. late this afternoon, another woman came forward accusing moore of sexual misconduct when she was a minor. beverly young says moore sexually assaulted her when she was 16 and had her yearbook signed, "to a sweeter and more beautiful girl i could not say, love roy moore d.a." coverage continues on "nbc nightly news" with lester holt ahead at 6:30 tonight. >>> right now, though, new details about the man accused of shooting a pennsylvania state trooper in the lehigh valley last weekend. he's now in prison and out of the hospital. he's being held on $1 million bail. police say he opened fire on two troopers after they pulled him over in plainfield township last tuesday. the corporal was shot several times. he's in stable condition in the

australian prime minister malcolm turnbull has rejected an offer from new zealand to take in asylum seekersw guinea. hundreds of refugees are refusing to leave the detention centre, which has now been closed, and has no power or water. donald trump's former campaign manager paul manafort has offered to pledge $12 million in real estate and life insurance assets, and limit his travel in a bid to avoid continued house arrest, according to us court documents. court documents say he also offered to limit his travel to new york, washington and florida. typhoon damrey has killed at least 19 people in central and southern parts of vietnam. rescue teams say more than 33,000 people have been moved from their homes and at least a dozen are missing. caroline davies reports. twisted, broken, flattened, buildings that cannot stand up to the strength of typhoon damrey. it ripped through vietnam from the early hours of saturday morning. tearing off roofs, uprooting trees, and knocking down electricity cables. debris litters roads. few storms bring military onto the streets but this one is thought to be th

he will have dinner with malcolm turnbull of australia.as a lot of pomp and ceremony to kick off the association with southeast asian nations summit. the real issues they are getting down to is trade deals, less about north korea, a little more about south china sea disputes. trade is the real thing on the table right now. a couple of competing trade pacts being debated. of course, tbp come up -- tpp, the transpacific partnership, which the u.s. got out of in favor of more bilateral agreements that trump favors, then there is the regional copperheads of partnership -- comprehensive partnership spearheaded by china and india. there are still a lot of hurdles to overcome on both of those. the 11 members remaining on tpp has signed a framework agreement to push that forward without the united states. rcep is getting more added urgency giving the coalition of tpp coming together. rcep has some challenges as well about reducing barriers to facilitate trade. however, india, for one, is great worried -- is quite worried that could exacerbate indi

the voice is nonbinding been destroyed his prime minister malcolm turnbull said parliament would now legislation on the bill. i voted yes for a commitment i voted yes for love and now it is up to us here in the parliament of a strike to get on with it. they get on with the job these dryland people of toss just to do and get this done this year before christmas. eve the bill passes muster and it would be the twenty sixth country known to legalized same sex marriage. lovers in the year in australia and that's why i've pulled in jared read my colleague here at the big table he is from the church it's good to have you on the show i mean it was it an easy or a short road for australia to get to this point was it now it's been quite a long journey i mean when you look at the history the gay rights movement in australia began in the one nine hundred sixty s. and it wasn't until nine hundred seventy eight when this seminal moment occurred when there was the first mardi gras which sprang up out as a protest movement against police violence and discrimination in the law and in are slowly slowl

this is another chance that the president had to sit down with malcolm turnbull and met him in the white. in the second time in a week to meet with japanese prime minister abe and the beginning of the presence if they met and that was a day that president abe came out in a press conference and had a rather surprising statement saying he was one 100% behind the president when it came to the us position on north korea and that included meeting all options were on the table. the president started out his trip in a very positive note in terms of the support he is getting from other nations and the president in that trilateral meeting also sanely spoke about north korea getting a strong vote of support from malcolm turnbull and you will hear from me play off the tape. also talking about trade which is a big issue clearly has the united states has a big trade deficit with japan and the president want to create, as you mentioned, bilateral trade agreements with countries like vietnam. the president met with the prime minister of vietnam yesterday and he took to the president talk about vietnam

and have stood down from parliament because they also think that they might be citizens well malcolm turnbull is saying that every politician now but to some of the first half of the class where they were born where their parents born and where their grandparents were born and if any of those people were born outside of australia that politician has to prove that they have renounced any potential citizenship he is desperate the prime minister so you stop this dominate saying the political cycle into next year as well as the end of this. south korea's military says north korean troops have shot and injured a fellow soldier as he attempted to defect to the south it happened to the border village of palm on jump he's been taken to hospital kathy novak has more from seoul . according to the south korean chilling chiefs of staff a north korean soldier ran across the border just before four in the afternoon seoul time they say north korean soldiers a shop the man in the arm as he crossed the joint security area within the d.m.z. running towards the south korean building known as the freedom house t

prime minister malcolm turnbull calling for gay marriage to be legalized before christmas.g specifics as early as this week. >>> let's get a check on cnn money stream this morning. it is that time global stock markets lower after u.s. stocks fell. it might have another rough day for wall street. dow features are now nearly 150 points lower. the concern here tax reform. hopes for tax cuts have fueled much of the current rally and as the debate intensifies this week is do or die here. any sign of failure could trigger a selloff. in fact, after seven straight months of gains, the s&p 500 is now negative for november. also watching shares of ge had a second very bad day dropping nearly 6% to a six-year low. investors are unimpressed after ge's ceo outlined steps to turn the struggling company around, a reset year. there's a good chance you own ge in your 401(k). it is one of the most widely held stocks in the u.s. the company this week also cut its dividend in half. >>> more legal trouble for a wells fargo and this time it's more illegally seizing cars from service members. fed

australia's banks will be subject to a wide-ranging public inquiry after prime minister malcolm turnbullow to pressure for setting the industry. examine financial services providers and pension funds and consider whether regulator cap enough power to tackle misconduct. shares in the country's big banks fell on the news. bank of korea has raised its benchmark interest rate for the first time since 2011, marking a likely turning point for asians and for bike. the region faces pressure to increase foreign cost after the fed begin typing at the end of 2015. hike since 2014. the won they'll on the news. the manufacturing purchasers managing index rose in november while nonmanufacturing pmi also climbed. ss foreign and domestic demand help with the effects to clean up the environment and the financial system. global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. find more stories on the .loomberg at top all of the movement in the asian market was reacting to those stories we just heard. the bank of korea rate decision, the won at a two