margaret yang speaking to me earlier.o hong kong, because we saw yet another weekend of violent clashes in the territory. 0n sunday, five people were injured in a knife attack at the sight of a pro—democracy protest that happened at the city plaza mall. 0ne pro—democracy protest that happened at the city plaza mall. one of the injured was a local counsellor who had his ear partially bitten off by the attack at —— councillor. the city announced last week it plunged into a recession because of the unrest. let's talk trade, because leaders from southeast asia met over the weekend in bangkok, but they failed to sign a deal known as the regional conference of economic partnership, or rcep, which is led by china. they still hope to sign it by china. they still hope to sign it by february 2020, but india appeared not so keen. meanwhile, the us has downgraded its participation by sending commerce secretary wilbur ross. i asked the former us ambassador to singapore if he is concerned that they didn't sign the deal in bangkok. rcep

margaret yang on alibaba.uying the medicines company for $9.7 billion. it is expected to broaden the swiss company's range of heart medicines and shore up growth threatened by patent expirations. lvm h threatened by patent expirations. lvmh is buying tiffany for six $16.3 billion. according to reports a deal could be released within hours. it would be lvmh's largest takeover. us billionaire, media tycoon and former new york mayor michael bloomberg has officially announced he is standing to be the democratic party presidential nominee. the 77—year—old said he was standing, quote, to defeat donald trump and rebuild america. let's turn our attention to the energy markets, as global oil prices remain relatively robust in the face of the us— china trade war, this is opec and robust in the face of the us— china trade war, this is 0pec and its allies are expected to extend their existing outlook cuts when they meet next month. a correspondent told me whether he expects those production curbs to continue. that's defin