so official maskey joins us now from new york sophie which companies made the biggest headlines in twenty eighteen if we take a little look back. well ben i would like to bring up tesla definitely and even tweeting he would be taking the company private at a huge premium but then it became clear that the funding with not secured as market claimed in his tweet so the f.c.c. started investigating and now musk is not the chairman anymore he is still c.e.o. though and just on friday tesla named two new independent chairman to its board and the other company that comes to mind is apple in the first half of the year the effort to make a with quite busy with buying back its own stock like so many others fueled by a large tax windfall but this was not a good investment to be on this s. the stock fell on sluggish i fundament so many worries here around apple and then we had facebook and the cameras and the letter because scandal and other drama wall street to be honest lots of culprit drama actually exactly the same here on this side of the atlantic protest apple and i knew you were going to menti

shery: i am shery ahn in new york. sophie: i am sophie kamaruddin in hong kong.ybreak asia. paul: our top stories, pressure on huawei. canada has arrested the cfo at washington's request for alleged sanctions busting and iran. president trump said china is sending a strong signals about a trade deal

i'm shery ahn in new york. sophieif you buy something from ticketmaster or domino's, there is a chance you contributed to the success of our next guest. a marketing firm in sidney that sees the pop-ups once you make a transaction online. haidi: it's supposed to be the next unicorn to emerge out of australia. c.e.o. bruce buchanan joins us in australia. great to have you. tell you about the business, the core of its profitability and how it came about? bruce: well, i spent 10 years building and starting and running jet start in australia and through the latter part of that i came up with this thought that most profitability was based on getting smarter in the checkout experience. we looked around the world to see if the technology would make it better. jet start had things they were selling to consumers. consumers would engage in about three of them. working out three were relevant for each consumer were tough and that's what we saw around the world. haidi: you're based and found in sidney. where do you see expansion c

shery: i am shery ahn in new york. sophie: i am sophie kamaruddin in hong kong. welcome to daybreak asia. paul: our top stories, pressure on huawei. canada has arrested the cfo at washington's request for alleged sanctions busting and iran. president trump said china is sending a strong signals about a trade deal but it is not clear what was actually agreed last week. oil slips after opec offers only vague plans to output curbs. the level of any cuts was a discussed in vienna. -- wasn't discussed in vienna. shery: markets in the u.s. are closed for the passing of george h.w. bush. looking at futures, a second session of gains, up .4%. tomorrow will be the big day to see what happens after we saw more easing of tensions between the u.s. and china. we are seeing wti bouncing back factaining .3% despite the they dipped in the new york session p we have comments from opec plus, no details on what sort of production cuts we could get from the group. we are looking at the pound, now holding steady. right now the key question is what happens to brexit has prime minister

new york. --di: and i'm heidi stressed and i'm heidi strasburg in sydney. sophieless dovish than hoped. the s&p 500 tumbled into a 15 month low and investors flooded into treasuries after jerome powell signaled the policymakers to little threat from the recent turmoil in financial markets. the fed a just a guidance saying further rate hikes will be needed. inflation has still remained just a touch below 2%. so i do think that that gives the committee the ability to be patient moving forward. as i mentioned, there is significant uncertainty about destination of further rate increases. >> southeast asia's two biggest economies are diverging. bank of thailand raised the one-day bond repurchase rate for the first time since 2011. 27.5% basis point rise to was in line with forecasts. indonesia is set to keep the key rate at 6% after 175 basis point hikes. m&a related loans in china set and 2018 lower for the second year running. prospects as the trade war curbs appetite for overseas deals. the foreign currency is down 44% this year to $17 billion. that compares almost

shery: i'm shery ahn in new york. sophie: i'm sophie kamaruddin in hong kong. to bloomberg "daybreak: asia." ♪ our top stories this friday, washington welcomes china's initial moves on trade but wilbur ross says concrete action is more important than mere gestures. said it's time for the u.k. to say exactly what it wants. shery: four years and $3 trillion, mario draghi brings the ecb's record bond buying program to an end. a new expectations and slowing trade really dominating the markets. let's see how we are setting up for the market open in asia. aren't seeing too much enthusiasm at the start of trade in seoul. losses for the nikkei 225, down .6%. the rally losing steam in the region and aussie shares are falling for the first day in four. tech and media companies the biggest strikes in sydney. the u.s. says china must do more to end the tara war. we will learn more about the leadership priorities of china at next week's economic policy summit. yen, somek in on the risk sentiment being taken off the table. the yen holding steady and headed for a weekly loss.

. >> sophie told the detective that she had seen rob hours before he died. >> rob with his two friends had gone to new york city to meet sophie and her daughter, her 8-year-old daughter at a museum. >> how open is sophie to you? >> she was a very open person. when i asked her, why would rob cantor be found in the basement bedroom, she broke down and she began to cry. >> what was significant about the basement bedroom? >> that was the place that she and rob had consummated their relationship. >> the french-born sophie was 40. 19 years younger than rob. they had been seeing each other for more than a year and had a lot in common, running, philosophy, and science, but there was one problem, sophie was married when they met and raising three daughters, ages 5 to 10 with her husband. >> sophie was living a bit of a secret life. >> initially, yes, but it wasn't too long before it all came out. >> sandra, who was a close friend of sophie's husband was living in france when she heard about the affair. >> i was sad. you know, my friend was really going through a terrible time, and i was so far away. >> sandra met t

new york. let's go to sophie kamaruddin in hong kong. heidi mentioned a lot to keep our eyes on.s we enter the final stretch, quite a few rate decisions on tap. this monday you could see stocks kick off with a mixed start, futures higher, but in sydney we are seeing potential decline of .6% for the asx 200 after the benchmark lost 1.4%. the aussie dollar trading at six week lows. we are waiting for australia's economic and fiscal outlook. we are anticipating the federal government will see it is on track to see [indiscernible] stocks in sydney, we are checking in on players, keeping an eye on bhp after the company announced a special dividend of one dollars u.s., two cents a share. looking at australian pharma. they were downgraded to hold at morningstar. it popped up 8% after the company announced a takeover bid for sigma health care. keeping an eye on investor office. we have closed the $3.4 billion australian takeover acquisition of the fund, and oxford will acquire a portfolio of 19 prime office real estate across australia's top five cities. group, someone questioning while

new york. i'm shery ahn. sophie: i'm sophie kamaruddin in hong kong.ybreak: asia." ♪ haidi: our top stories is monday. beijing threatens unspecified action if the huawei cfo is not free. -- freed. the international monetary fund repeating its warnings about trade. the u.s.-china threatens global growth, jobs, and wages. shery: carlos ghosn is expected to be charged. we will have the latest on the case live from tokyo. on wall brutal selloff street with u.s. stock seeing their worst week since march. u.s. futures on -- under pressure. at one point, falling as much as 1% or we could be retesting the lows as back in february and april around 25.50. let's see how markets are trading. it is still heard -- barely, but how are we looking? early, but we are red across the board for asian stocks. the nikkei, losses over 1%. adding to declines we saw last week. ofn 1.5% over the course last week. it looks like more pain ahead for asian equities. when it comes to data today just, we have japan's gdp refer the third quarter coming in lower. you have business spend

. >> good evening from global headquarters in new york, i'm shery ahn. >> and i'm sophie in hong kong." top stories, asia futures mixed after a volatile session in new york. facebook and microsoft helping the tech lead recovery. sterling slumping as the first lady is returning. sh

. >> good evening from global headquarters in new york, i'm shery ahn. >> and i'm sophie in hong kong. "daybreak asia." top stories, asia futures mixed after a volatile session in new york. facebook and microsoft helping the tech lead recovery. sterling slumping as the first lady is returning. to europe for more talks. and the family being blocked from company owned homes around the world. let's get you started with a quick check of how u.s. markets ended this first trading session of the week. we saw a very volatile session with the dow at one point falling 508 points before reversing its losses and gaining a 10th of 1%. the s&p 500 also saw the biggest loss since march of this year, before gaining 2/10 of 1%. all thanks to tech and communications stocks, which alleges the gains, but it was really about tech running the market as we saw facebook and microsoft rally. s&p futures unchanged at the moment, but we are seeing positive sentiment filter through, as we saw a huge reversal in u.s. equity markets, despite the fact we got a bit of an uptick in brexit risk, not to mention some mo

shery: good evening from bloomberg headquarters in new york, i'm shery ahn. kamaruddin m sophieng kong, welcome to break asia." paul: our top stories this day with a bruising nikkei futures down almost 5%, concerns darkening the mood. may lost three brex "it"

new york. haslinda amin. sophie washington is now expected to drag into the new year with republicans and democrats at odds over president trump's border wall. mick mulvaney says the administration is awaiting a counter offer to the president's demand for $5 billion, but no vote expected before the end of the week. top democrats say they have no intention of paying up. >> $5 billion is a lot of money. that is 650,000 children attending headstart. it's 2 million meals a day, for a year, for seniors. and to spend it on a fourth century strategy rather than on stuff that actually improves border security is something that we are just not going to do. outgoing defense secretary jim mattis will leave two months early with president trump promoting his top deputy. it was announced in a tweet and follows criticism about the withdrawal from syria and a sense of turmoil in the national security team. petrochina ham is a former boeing executive who joined -- patrick is a former boeing executive who joined the administration l

new york. i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to daybreak asia.stories, beijing threatens to rotelle rate -- retaliate if the huawei ceo isn't freedom. the imf repeating warnings about trade. christine lagarde said the

new york. i'm shery ahn. sophie: i'm sophie kamaruddin in hong kong.break: asia." ♪ haidi: our top stories is monday, china is taking more steps to ease tensions lifting tariffs on u.s. cars and restarting pressures of american corn. theresa may faces a hostile week amid speculation of another brexit referendum. aides say there is no way that will happen. bulls versus bears as we look ahead to 2019. trade geopolitics and the global economy top the list of challenges. weighing onncerns the markets as we see risk off sentiment spread across the world. let's see how we are setting up in asia. ishie: taking a look at what going on in the terminal, we have a mixed bag for stocks in the region. we have the nikkei 225 coming online higher by 2/10 of 1%. the cost be gaining ground. the kickoff track changed -- trade. the mood is looking bigger and you look at the antipodes. stocks under pressure in sydney with another financial helping to lead the decline. by .5%and wellington off this morning. a mixed bag so far. we have a big week when it comes to central ba

>> there's a lot going on to the point where i go to the russian turkish bathhouse in new york and i took a sophie i said i was colluding with the russians. >> if you like russian food, if you started and russia house here. >> i like when they beat you up, but there really is a rear kind of a weird xenophobia kind of way . we all heard that xenophobia is bad, but now we are supposed to be afraid of russians . but that is quite bizarre. but what interests about this whole drama is idle but most people, you read it in the headline, it's the two agents they came over and interviewed you and everything was cozy. but what is that really like? did you get there loud knock at the door? >> no, i got a phone call as i was out of the shower and shaving. the same day that they came to my house i actually was going to be talking, joining the administration for certain contacts i had. so it would it was a very awkward moment. i get a random call at 9 in the morning i'm shaving, i am half naked in my shower [ laughter ] and oh, there is the fbi, we are outside your house. and i said the fbi, outside my house? w

shery: in new york, i'm shery ahn. sophie: and welcome to daybreak asia.a may clinging to power after winning a conservative vote of confidence and of brexit -- the brexit no headache want to go away. aging --lling on beijing, but soybean purchases are rising. the latest startup to change the market leader. british prime minister theresa may reviving the no-confidence -- surviving the no-confidence vote could be adding to moment in. -- momentum. how are we looking at come -- how are we looking? after: adding .7% japanese stocks rallied from an 18 month low on wednesday. tech shares or leading the gains so far in the region. this is around news about apple and qualcomm as well as how way -- hauwei. in tokyo andds sydney. raise concerns around competition on the plan for vodafone hutchison. we are seeing u.s. futures pick up and we see the yen hold steady as sentiment is improving with offshore you want as china consideringhina is dropping tariffs. and the brexit struggle is far from over. haidi: sophie kamaruddin on the markets. ofi mentioned, one sign reli

shery: good evening from bloomberg headquarters in new york, i'm shery ahn. kamaruddin m sophie "day hong kong, welcome to break asia." paul: our top stories this day with a bruising nikkei futures down almost 5%, concerns darkening the mood. may lost three brex "it" divisions nservator are widening. yet to be confirmed, iran close down exports of gulf crude. shery: a quick check of the selloff across the u.s. the major indices falling more than 3% with trade ensitive stocks like caterpillar boeing falling the most on the dow. banks, 500 was lower by the financial stocks really taking a hit as we continue to yield curve flattening, 66 s&p 500 financial index, out of 67 stocks were all in the red. the u.s. futures holding steady right now. those are the only things you as we head to e the national day of mourning tomorrow here in the u.s. trading on the new new stock york stock exchange. right now, futures holding steady, all of this, of course, will be affected by what happens in asia as well, sophie is there. sophie. coming online s falling .4 of 1% extending loss tuesday.t we

sophie kamaruddin. welcome to daybreak asia. ♪ >> top stories, asia-pacific markets facing pressure after stocks slump in new york.ed doubts and looming shutdown worrying investors. oil continues decline, brent tumbles below 55 ball -- $55. and jim mattis quibble over alliances abroad. >> we have breaking news. we're hearing the white house ordered the pentagon to plan for a withdrawal from afghanistan. the u.s. presence in afghanistan amounts to 14,000 u.s. troops. they've been there since 2001 after the terrorist attacks. trump has been critical about the u.s. -- [no audio] >> differences with the president on alliances, saying president trump has a right to the defense secretary that is more aligned with his own views. now we're getting the latest reports that the white house ordered the pentagon to withdrawal from afghanistan on top of the we sent -- recent withdrawal from afghanistan. jim mattis announced his resignation. plenty to judge us for investors -- digest for investors. the dow falling 2% and the s&p 500 at a 15 month low. the nasdaq on the brink of a bear market, ending only 19.5% below that august

sophie alexander is in our studio in new york. cause it was great for some billionaires but not for others. sophie: yeah, that's right. the top 500 richest people lost almost half $1 trillion this year which was a sharp chair from last year when they gained $1 trillion. that does not mean everyone was a loser. like jeff bezos gained $24 billion putting his net worth at $123 billion. he is definitely a winner. data: as you dug into this in there so much you can play around with on the bloomberg, what with the trends that drummed out at you in terms of groups that people who have made or lost money? e waves look at that is countries. and singapore in dollar terms had the biggest winners this year. the richest people in the country gained 2.5 billion dollars this year but that is nothing compared to what was lost in other countries. like in tghe-- the u.s. and chi, both of those countries had the richest people who lost around $76 billion in both countries. carol: u.s and china. it is funny. go back to jeff bezos. i had to remember th

sophie kamaruddin. welcome to daybreak asia. ♪ >> top stories, asia-pacific markets facing pressure after stocks slump in new york.looming shutdown worrying investors. oil continues decline,

sophie kamaruddin. this is bloomberg. ♪ carol: welcome to "bloomberg businessweek." i'm carol massar. jason: and i'm jason kelly. we are here at bloomberg world headquarters in new yorking up, we zero in on conversations from bloomberg's year ahead summit. jason: some of the world's most respected figures in business and politics spoke at this invitation-only event right here at bloomberg. jason: we heard from -- carol: