people betty. the time that i had to go get the good that i do monday night the m b i and every alley. so what could be making them sick. did me risk one day runs the only environmental group in the region. for seventeen years he has been surveying the chitral in search of evidence of pollution by the textile industry. because i'm not going to be a mother just was on them but i dubbed them to. russia. the number but human would go beyond. the one of them to get me on the good you got to be the brightest not on the full. amount of. i mean. the imagery that you bring up i understood it better. than the name and. the most upon us. going to. three quarters of what is produced along the river is sent abroad mainly to be u.s. and europe. one of the largest exporters in the country is the text group. gives tech produces mainly polyester fabric a synthetic material that requires a lot of chemicals. in these buildings one thousand machines operate twenty four hours a day seven days a week. the factory produ

they are doing services, the services may not be as diverse as people expect. bettyoo slow. >> the growth is double digits. but all of it is in iphone peripheral services. servicesn a lot of that are going to the consumer through the iphone environment. where apple is failing to gain traction is in more business to business sales, amazon web services trying to come in and eat their lunch. betty: you point to a lot of areas of weakness for apple. you mentioned maybe the biggest area is that it is so dependent on the iphone. as ahat's what keeps apple high-quality different. there is so much risk in having your entire business, the biggest business in america, tied to just one product. it is tough for investors. betty: you said what was interesting and surprising is the share buyback, the $100 billion share buyback that was announced. >> it is really good news. as i look at the previous generation, cisco's, microsoft, what do they do when they ran out of growth? they took the cash and started to buy out little competitors with big ideas, and turning them into bigger id

that is why people were disappointed. betty: what is the indication for other suppliers?hain, this is good news. they look atmeans it as a proxy for apple itself. they are putting more into the supply chain. $60 billion was spent last year. that is more. that is more money going back and employees at hon hai buying equipment. is more money fly -- flowing into the supply chain compared to last year. that is good news for the supply chain. analysta note from an was talking about it is the fundamental changes. the do not expect the momentum will last for them. is there a need for some sort of revamp here and less of a dependence on apple? apple storydence on has been going around a long time. he got into apple about 12 years ago. four or fivefor years that he will get away from being dependent on apple. cloud been getting into and all these other areas. apple is that thousand pound gorilla and they have to keep supplying them. we are trying to build into other areas. -- they are trying to build into other areas. yvonne: a columnist joining us from taipei. let's take a look a

is pervading the media content where there's already millions of people ready to participate in this new cryptocurrency the system. bettyess model. people write these articles. dependent on the number of clicks or does it depend on the number of views? that's how they are paid than in steem? treasury,s actually a a sort of social treasury that is coded into the blockchain. new -- new tokens are admitted or destroyed every single day by the logic of the blockchain. the users who hold the coin help to decide how to distribute the new tokens from the treasury. aey do that by supplying subjective valuation of the content they are reading. they hit up votes. the of votes get calculated inside the blockchain. utilize --er how to distribute the currency. by seeing the tokens flow through the system, they are able to take a percentage of those tokens. because the texans have speculative value, just like bitcoin, the websites are able to sustain their operations based on the tokens that they are receiving as well. betty: so people cash out afterwards? that is how they are able to generate the revenue than? >> they are able to fr

a couple people can relate to combined with pomp and tradition the key ingredients for a modern day fairytale for nearly a thousand years windsor castle has been home to kings and queens. betty how big is the excitement behind these walls oh incredible lots of preparation taking place as you can imagine there's thousands of people involved in getting everything wrong everything is tolling droit down to the last second where the royals are going to be as usual nobody does it better than the the british army and the british people really we really know how to put a show on to watch. but it's not just the army that's been rehearsing in the streets. that you know the a choir of singers living with or having overcome disabilities has a special whiting a love song written by sandra goard. only a gospel singer and

betty. center of people in caracas live in poverty. the economic collapse has contributed to a big increase in the crime rate. there were nearly four thousand murders in twenty fifteen an average of eleven per day. gangs of violent youth taken over parts of the city. we've arranged to meet some of these gang members what it's about and it's like we walk up some stairs to a darkened room where we meet six young men and two women. that are heavily armed and wearing masks that i asked the leader what is going does to make money. a bit of everything drugs kidnapping auto theft contract killing. mostly trucks. do you worry about the police now i have good contacts. in the gang displays their arsenal of weapons imported from the us resilin cos trio. the leader takes the clip out of his pistol and hands it to me you know i am hello. my first time. where. did you let your fingerprints on. the leaders says business is great right now. in the. name of life is better than it used to be sure times are tough for a lot of people last year was the wo

with this development there's a chance to solve this decades old mystery....and a chance for people like betty lou jenkins sister to know the truth. my parents are both gone now i know they would've like some closure along time ago results from the dna analysis is expected back in the next few weeks.maureen kelly kron4 news (vicki) the zodiac killer case remains one of the most notoriousand troubling crime mysteries involving the bay area...(grant) catherine heenan is here with background information on a case that in may ways - lives on. (catherine) despite years of investigation - stacks of documentation - the identity of the zodiac was never confirmed.. and what we 'do' know still evokes the memories of fear and confusion reporter asking napa sheriff "well sheriff, what type of person is this man? well - we have reason to believe he is a maniac. however, he is a cunning man. he knows just exactly what moves he's going to make."from 1970 - a frustrated napa sheriff..just one of the many law enforcement officials admitting the zodiac killer was still on the loose.he was a serial killer who op

a lot of people bullish on that stock. betty: thank you for that. a closer look at the markets, with our joined by randy schwimmer. seeing in financing trends as we talk about central banks raising rates? as you noted, there is going to be crosscurrents that are going to shift day today and some of the issues coming out with regards to inflation and indicators you are pointing to. oil is a big mover in the last six weeks. overall, the credit markets are doing well and the backdrop of economic and supply and demand for capital as yields continue experts continue to go up, investors are looking for yield and securities. lessare looking for correlation because they're concerned about volatility. betty: what you mean with less correlation? randy: where the public markets are trading the last couple of months. on february we saw dramatic change in terms of what is going on public indices. calmed down. but the overall worry and is lessical issues tradable and this correlated with public moves and that is what the credit which is where we are is so attract

i'm sure people will be looking at trading once rio opens in australia. betty: david, thank you.inger in melbourne. don't forget to check out our library for some of those charts you just saw. it is also on the bloomberg terminal. you can see at throughout the program. wti arecelebrate as sustaining levels last seen 3.5 years ago. both are up almost 20% this year. the data is why prices could rise even higher, despite the slight fall we saw today. ramy has this chart we need to know. sanctions on venezuela are clearly giving support to oil prices. ramy: that is right. if you take a look at my first bloomberg terminal chart, you can see where we are right now. 1.55 5 million barrels is the venezuela inom this past month for april. looking back one year, that would be right here. that is almost 2 million barrels. we are seeing a cut of about 500,000 barrels. barclays is expecting this to fall even further than the next few months with those u.s. sanctions starting to take a little bit of a bigger bite. 1.5 million is where we are now. they are expecting us to hit maybe one million

will stay here and that nobody paid any money there are still people who are being looked at and we need to be careful that we don't betty fall through the debts we have a debt of honor to these people and what we mustn't do is leave someone who actually worked for us looked after. has helped us we mustn't leave someone like that in a position where they and their families will be at risk and we've got to be very clear make sure we don't do that abdul says he didn't have time to apply for a visa through the official interpreter scheme while he was still in kabul that required months of waiting and his life was increasingly at risk now abdul's lawyer is appealing the home office's moves to deport him many interpreters got these fish directly from afghanistan through the ministry defense relocation visa was very strict. criteria that required you to be. working in helmand province and to be made redundant on or after the nineteenth of december twenty twelve a lot of people like most of the. world working in two thousand and twelve because they were threatened and targeted by the taliban had to quit their jobs and flee it's

will stay here and that nobody paid any money there are still people who are being looked at and we need to be careful that we don't betty fall through the debts we have a debt of honor to these people and what we mustn't do is leave someone who actually worked for us looked after. soldiers helped us we mustn't leave someone like that in a position where they and their families will be at risk and we've got to be very clear make sure we don't do that abdul says he didn't have time to apply for a visa through the official interpreter scheme while he was still in the couple that with pride months of waiting and his life laissez creasing at risk now abdul's lawyer is at healing the home office's moves to deploy him many interpreters got these first directly from afghanistan through the ministry defense is. very strict . criteria that required you to be. working in helmand province and to be made redundant on or after the nineteenth of december twenty twelve a lot of people like most of the. world working in two thousand and twelve because they were threatened and targeted by the taliban hard to quit their jobs and flee it's

a couple people can relate to combined with pomp and tradition the key ingredients for a modern day fairytale for nearly a thousand years windsor castle has been home to kings and queens. betty how big is the excitement behind these walls oh incredible lots of preparation taking place as you can imagine there's thousands of people involved in getting everything wrong everything is tolling droit down to the last second where the royals are going to be as usual nobody does it better than the the british army and the british people really we really know how to put a show on to watch. but it's not just the army that's been rehearsing in the streets. that you know the a choir of singers living with or having overcome disabilities has a special whiting a love song written by sandra goard. only a gospel singer and a big macon mark can say. yes to madonna this background my girl yes absolutely and it's still lovely because the world family have already accepted her and for a lot of people culturally this is an amazing occasion to change direction as it were and hired some are somebody outside of his normal culture we're all celebrating the new really wish him the very best we're mak

betty: isn't like everyone, or more people calling for the 4% on the 10 year now.ith commodities, it looks like we have averted a trade war for now, really helping commodities. but plenty of geopolitical risk with oil prices. su: venezuela adding to the bullish pressure. and we are looking at a weaker dollar. take a look at the chart, up 20% year to date on crude, that is mainly traded in new york and is widely used in the u.s. the today chart, you get a piece of the action where you see how it really took off going late in the day. fresh highs we have not seen since 2014. this chart is called rally at the back, the five-year prices that are out facing -- that are outpacing the gains. a lot of attention given to the $80 oil, but the pace at which they are rising further out on the curve is where the bullish bets are being played into that indicates that long-term the price direction is looking higher. back to you. betty: thank you. su joining us from new york. yvonne: president trump's former strategists steve bannon has hit out at steven mnuchin for his role in th

betty: apple is to reimburse users for people who played -- paid full price for battery replacements.ork carried and covers iphone 6 and later. eligible customers will receive a mail confirmation by the end of july. this is bloomberg. ♪ yvonne: we are half away -- half an hour away from singapore trading. gdp is growing at a faster pace in the first quarter than anticipated. betty: you are watching "bloomberg daybreak: asia." let's get to the first word news with paul allen. carmakers are opening lower after president trump ordered the congress department to consider an investigation into auto imports. they are considering slapping tariffs on imported tariffs on vehicles. the investigation would use the same legal provision that saw the u.s. impose tears on imported steel and aluminum. north korea says they may reconsider the summit and says they will not beg for dialogue. they preparedas to destroy their main nuclear testing site. independent nuclear instructors are not there. washington says the pressure is still on. >> it is my view we have made zero concessions to came and we have

gentlemen and betty, will the trump people accept the fact that he defies the subpoena? would the 47% stick with him? >> i think without a doubt. i think they would say the deep state has tried to subpoena president trump and he needs to keep fighting. >> that's the moment of truth. this is big casino. the prospect of president trump pleading the fifth to mueller raises significant political risks thanks in part to his own past comments. here he was, the president, in september of 2016 talking about hillary clinton campaign aides. let's watch that. >> her staffers taking the fifth amendment. how about that? they have five people taking the fifth amendment. like you see on the mob, right? you see the mob takes the fifth. if you're innocent, why are you taking the fifth amendment? >> you know, he talks like a guy on the street corner. what are you doing? you taking the fifth? you have the coat open, the big tie. and he is talk like he might know some of those guys. what do you think of that? he says -- we all grew up with the idea, fifth amendment. remember joe mccarthy, f

. >>> four people and their dog attacked in a popular bay area park. tonight, betty yu reports two pit bulls and their owner are still on the loose. >> reporter: san francisco police need your help finding the owner of two pit bulls who they say walked away after his dogs caused several injuries here at delores park at the off leash area. police say just before noon on sunday, these two pit bulls attacked another dog named bloom. bloom looks similar to ones picture here. she suffered puncture wounds to her back, and four adults suffered bite wounds trying to separate the dogs. the suspect then leashed his pit bulls, and left the scene without giving his name or any information regarding his dogs' advantage nation -- vaccination record. >> pit bulls are such a misunderstood breed any way, but on the other hand, as the ownership of a pit -- owner of a pit, you have to be responsible into mary does not unleash her pit bull, even in the designated unleashed area. >> when she get in a park like this, she just takes off and runs like a, like a gazelle, and that makes me ve

people say given to the momentum we could sit by the end of the week. betty: possibly.lking about this tech route and whether or not for the fang's it will be over with, but apple is coming right back. yvonne: and to give you context, what trillion dollar market cap is greater than the gdp of netherlands or malaysia. it is going to be a big piece of the pie in the future. that is all we can talk about in terms of tech, but here is what is coming up the next few hours. jamie dimon is coming up. now, and you from guys have had several guests already. is on the ground and conducting the interview and a lot to talk about with him. you do not want to miss that chat, and a lot happening in the markets. tell why and what we are awaiting as far as triggers are concerned. -- ae also looking at debrief on chinese trade and the general issue of trade. when you look at the credit temples and china you might have seen growth peaked. if there is a view that growth has big, then inflation has peaked. and oil is in the mix with earnings.reporting to add to apple, a trillion dollars wou

betty: but there are other companies that are diversified, berkshire hathaway per instance. what were investors not getting, then? philip: i think peoplet to see that we follow through with some of the different things we are doing. they are looking at our capital structure at the same time and the fact that this is a relatively nascent entity for us, people like to see us, like to see the continuity with some of the different things we are working on. hopefully this transaction will get people thinking like, ok, there's a good deal of value here just in life sciences alone. i think now is the time when we expect the stock to start to move. betty: it certainly did move on the back of that news. philip: not as much as i would has -- would have expected. betty: did you get a lot of phone calls? i'm curious if it will make it easier to monetize other parts of your portfolio. philip: i don't think it's a function of it making it easier difficult. it's taking the time to make sure we extract the appropriate value. i think this was really a testament to the different investments that we have a net portfolio because we do have more than one.

track down two dogs and their owner after another dog and four people were attacked at a san francisco park. more now from kpix 5's bettyo police need your help finding the owner of ntwo pit bulls whoá they say walked away after kkrh dog caused several injuries here at dolores park in the off-leash area. this is a 4photo sfpd shared of the man they need your help identifying. police say just before noon ÷&o sunday, these two pit bulls attacked another dog named bloom. bloom looks similar to this dog pictured here. bloom had puncture wounds to back. four adults with bloom ÷úclgot bite wounds to their hands trying to separate the dogs. sfpd says the suspect then Ãhçhed his pit bull and left the zo%scene without giving his name or any information regarding his dog's vaccination record. the photo was snapped before he took off. >> makes me sick, just heart sick. because pit bulls are such a misunderstood breed anyway. but on the other hand, as the owner of a pit, i -- you have to be responsible. >> reporter: mary does 'f,çnot unleash her pit bull violet even in the designated unleashed area. >> when she gets in a park like

betty: i am sure there are plenty of people, not uri -- not you or i, ready to pay more money for thatre sauvignon warm milk kind of people. we are approaching the opens in asia. futures pointing slightly higher. lots more coming up here on "daybreak asia." we unpacked detailed out of the tencent results. this is bloomberg. ♪ oomberg. ♪ david: welcome to daybreak asia. yields pushing higher yet again. economic advisors holding talks with congressional leaders. betty: amazon takes its fight with alibaba to its rival backyard. pimco and its parents are hiring in sydney. they are chasing postretirement dollars. david: a very good morning. good evening to you in new york. you talked about u.s. equities pushing higher and also about emerging markets being under pressure with you rising yields we put -- with rising yields. we put a chart up. msci eme m. in recent history, the relative value, the concept kicked in. that stocks imagine went higher from here because we are now at the feelings. in other words, if emerging markets improve, that bodes well for the u.s. if it does not, that is a be

most people still see it as a commercial move. bettysian tech. , and exquisite interview with the cfo of china's airbnb. this is bloomberg. ♪ ♪ find all of our charts on g tv . this is our library for bloomberg says fibers -- subscribers. you can browse featured, what we have been going through, and key analysis. you can save the charts for future reference. i'm is "daybreak asia," yvonne man in hong kong. betty: i'm betty liu in a new york. the event brings together some of a is emerging technology players. let's go to where chief asia our correspondent is standing by. we are talking competition with airbnb and china. is the main competitor of airbnb, much larger in china. we have the cfo with us at the goldman sachs tech net conference. executivesr and don't like being compared to airbnb because you are different. how so? >> they are a well-respected competitor in china, but we think we are the number one player in this industry in china. we are not just a pure online company, we have off-line operations. we have a local team in m

. >>> along the border, our policies doesn't just affect the people we're trying to keep out, they also affect americans. this is betty arizona. >> so how much land is yours back here? >> i got 111 acres and the house is kind of right in the middle so i don't have to deal with neighbors. [ laughter ] >> so you can have privacy. >> well, privacy is a thing of the past, though. >> yeah. why do you say that? >> well, the border, it used to be peaceful. mexican cowboys would come get their cows and i'd give them a cup of coffee, coke, no big deal. >> what year? >> late '70s, early '85s. >> yeah. >> when i moved here there were four border patrol but now there is over 1200. >> whoa. >> that's too many border patrol agents. >> they are not kidding about the rise of security. in 1992 there were over 3500 agents along the southwest border. in 2017, there were over 16,000. and they are still hiring. >> and so guess where they put their wall? right behind my property. >> you hear president trump talking about we need a bigger wall, like a -foot high wa, what do you think? >> i'm not in favor of it and i don't likeit. do you fee

betty yu, kpix 5. ow's 107th running of the bay to breakers. more than a 100- thousand peoplearricades in place are real did i to be set up -- ready to be set up for tomorrow's 107th running of the bay to breakers. the day before is the expo, the chance for runners to pick up bibs at pier 35, and the public was stocking up an swag at the health and wellness expo. the race kicks off tomorrow morning and follows howard toedth street to hayes and fell and merges onto jfk all the way to the ocean, so if you're taking part or coming to watch, driving is strongly discouraged. take mass transit. >> boy, if you're going to show up somewhere around 3:30, 4:00, you better leave early. >> i know you're talking to me! >> here's how it looks. low pressure offshore, and that's enhancing the low clouds that are expanding along the shoreline tonight, and that means things are going to be cool this week as we look out there toward ocean beach, and that's dublin in the distance, and right now numbers mostly in the 50s. tomorrow they'll be mostly in the 60s with mid-70s in the warmest spots, but

he is encouraging people to come to him, and so far, they are looking at the deal. betty: just before we go, i want to get your opinion on president trump, he was so though severus about how the -- vociferous about how the iran deal is defective at its core. we're the israeli prime minister talk about how this deal did not reduce iran's aggressiveness. it only dramatically increased it. do you agree with that? james: i think objectively, that is the case. the idea was if we let iran conduct a peaceful nuclear program, they would feel heart of a peaceful community of nations. the obama administration hoped that iran could be a regional leader using whatever hegemony it possesses to calm the region, to stabilize it is that of actively destabilizing it. that is the answer. the iranians have been emboldened by this. i think that is something that trump is taking into consideration. this: do you think part of is setting the tone going into this north korea-u.s. summit? james: i think this appeals to trump on many levels. certainly, the maximum uncertainty over the outcome with

some people feel that that is coming at the expense of being bolder on some of those big issues, like poverty and homelessness. betty much, bloomberg wellington bureau chief there on the budget. i wanted to reiterate some of the headlines from earlier. we have confirmed from bloomberg here that china is said to have offered president trump $200 billion in essentially a purchase of american goods, to cut down the trade deficit with china. this would include increased imports of american products, essentially buying more american products. again, about $200 billion in cuts to the u.s. trade deficit. there are already reports of how big a hurdle that might be for china to actually meet this headline. $200 billion of cuts in the u.s.-china trade deficit. up next, caught in the crosshairs. the impact of president trump's trade spat with beijing, and how it may prompt chinese businesses to go it alonethis is bloomberg. ♪ . this is bloomberg. ♪ ♪ betty: good morning, i am betty liu here in new york. haidi: and i am haidi than in sydney, you are watching "daybreak australia." as u.s. trade talks strengthen, china has more r

people with disabilities in the workforce. >> thank you. >> next speaker, please. >> hello i'm betty trainer on the board at senior and disability action and also with the community living campaign. i'm speaking strongly in favor of the reserve program. i'm looking for work and they're seniors and already spoken today. and there just isn't enough money to hire them in these different positions. i also know from the other side, an organization that wanted to have more people from the reserve program to work in her garden program but there wasn't the money there. and so i think this program that just needs to be tremendously expanded the need is there. i can talk from personal experience. i retired from full-time work about 10 years ago. i unfortunately never had a job where i got a good pension and so i'm basically living off of income of social security. so my savings is dwindling and i was fortunate enough to get what some young people would call gig jobs. i have one where i take minutes for a board meeting and i get paid for that and i get paid for wonderful work with seniors through the community living campaign. this is help

people at the bush library. the bush library pulled up a letter to betty holden, his cousin in the poetry society from 2003 and it was right around his 80th birthday. somebody had just given him a segway. he wrote the following code to a -- the following ode to a segway. forward into the future, pull back to stop time, with left hand twist or right-hand twist, segway spins. life is like that when 80 creeps up on you. on concrete or on grass, if you spin too fast, you bust your ass. like life itself, there can be no doubt, segway lives until its gyro gives out. there you have it. presidential poetry. the other thing the bush library was able to find was, president bush, when he was a young father , had lost a daughter. i do not know if you're aware of -- his daughter robin died of leukemia. by the time he wrote this letter to his mother, he had the four boys and no daughter. mothere a letter to his about why he needed another daughter. why he needed a girl in the house. he included it in a collection of letters called all the best which came out probably 15 years ago. playwright named albert black who read "all th

betty: should jeff bezos look over his shoulder? >> people forget they are in different businesses.s more of a marketplace business and ultimately they are not holding inventory. inventory in these companies is a cruel master. amazon is different. this is a market where it has been difficult for other technology companies to have a presence. the real place we will see competition is tencent. the place they will compete the most is around entertainment services. there are 140 million video streamers paying. that is more than netflix is number of subscribers. we will see this company has a especially as it expands into these businesses. yvonne: it seems in terms of these businesses that tencent and alibaba go into, each time a company pursues something the other seems to follow. think is winning despite -- winning this fight? did you need to do more consolidation? analogy is what is happening in the u.s. with the largest technology platforms. microsoft,lphabet, they are all doing the same thing. their roadmaps look similar. we'll see that between tencent and alibaba. they will continu

people with disabilities in the workforce. >> thank you. >> next speaker, please. >> hello i'm betty trainer on the board at senior and disability action and a

neat to see the new homes going in, but a lot of people were displaced because they can't afford to rebuild. they're under-insured. >> do you remember bettyi live across the street from where she used to live. she chose to -- to -- to move somewhere else. i would love to get in contact with her and see how she's doing. >> not just oakland people. people in berkeley lost their homes too in the firestorm. >> there were a lot. it's neat to see that. that's an uplifting story but you have to remember a lot of people -- just with the oakland hills experience, a lot of people were displaced and never came back. >> we got our home at the expense of someone who left. that's a very sobering thought. >> well put, frank. >>> 79 in napa today. 78 in fairfield. 82 in antioch. so a little warmer today. not at the coast but inland a degree or two or three. then tomorrow we'll go up another four or five degrees. and tomorrow, well, here we go. santa rosa goes up to 89. 66 to 75. that's in san francisco. and 81 to 86 in livermore. so nice looking day tomorrow. beautiful weather. the weekend is here. come on, friday is the weekend. and right around the cor

that's not how pakistan is we're still betty indeed the pakistani and i that identity is so strong that anywhere in the world that peoplepeople want that same so that's what we're doing with no one put up things pakistan that has a list is more kind of an approach beautiful in very simple words. is a pakistani woman and that's like across the board other countries there are so much and. the love that indians have for the pakistani looked at about the study woman has it's like they consider. to be. there even a few men here although not on the catwalk. the event organizer makes an appearance but seems a little nervous daunted perhaps by all this cultural bridge building. beauty madhumita and brutality exists. side by side in pakistan closer los. lobos relatively young country that still in search of its identity loaded on. the. polls. the loss of her visionary. savior and scapegoat. karl marx and icon of communism be inspired revolution and class draw a. change but also divided in place relevance has heated a place. is there. any discussion about small details. how the germans came together in one nation from shove their

people enjoying a day off. in richmond, john ramos, kpix 5. >>> a duly vent in san francisco civic center area celebrating asian heritage as well as sunday streets. betty on hand for the festivities including dancing, chinese dragons and a demonstration of martial arts. the rest of the sunday street stretched down four roads near the asian art museum. ♪ >> a celebration of a different kind south of market how weird street fair with lots of colorful costumes, deejays in action on multiple stages around howard and 2nd streets. organizers say the freewheeling carnival is a dry run for burning man a few months from now in the nevada desert. >>> more than a dozen working and training guide dogs walked the red carpet this morning. they were at a screening of "pick of the litter" in san rafael. the documentary chronicles two years in the life of these puppies. their ultimate responsibility is to help their blind or visually impaired handler lead a safer and more independent life. >> this is so exciting for us because this is a film that actually tells a guide dog story and guide dog for the blind story and it is a grade job to describe our work and mission. >

people as i am. i was born in this city. i went to public schools. and i want to make sure that everybody has the same opportunities that i do. >> reporter: betty yu, kpix 5. >> looked like quite the celebration last night. i still think you got the best gig. >> it was fun. as long as you're not afraid of heights, it's great. it was an impressive view. at noon when it started to clear up, you could see the city and the bay. once things clear up we'll have views for miles around. promise. but the weather has to cooperate. >>> this morning, not so much. we have cloud cover and drizzle. so ponytail kind of day if you are going to be outside for a while. maybe even bring your umbrella because of the amount of moisture that we are having. coit tower temperature-wise the clouds keeping things in the 50s so no 40s inside all across the bay area. 53 in santa rosa. san jose at 57. san francisco you're at 53. 54 in oakland and livermore. concord up to 57. temperatures didn't drop much thanks to the cloud coverage. west winds are kicking up. lower visibility. closer to the sunrise time, visibility drops even more. so keep that in mind. satellite/radar showing we h

people hear their message. today, i have the honor and privilege to present the 2018 betty sutter murphy award to ashley carter. ashley will join the ranks of past winners of this award, which include nancy nord, tom spencer, heather hidelba, kathryn chano and linda kearns. the late betty was a legend among lawyers. a regan appointee, she headed the eeoc and was on the ground floor in launching the rnoa. i had the privilege of being her partner at baker hostether for 11 years and knew her work ethic, voluntarism, leadership and generous heart. betty championed the overlooked, the unsung heros, who make big things happen for everyone else. after her death i headed the committee which named an award in her honor to recognize these unsung heros. republican trail blazers with entrepreneurial community oriented spirit, organizational builders who inspire others and make significant change. our 2018 awardy, ashley carter, is one such leader. her accomplishments are not limited to the d.c. school board. ashley is also the director of coalitions for the independent women's forum and the independent women's voice. the p

people go overseas. all of these things are wrongful usage. you do not have wrongful usage, you should have sufficient money to develop this country. bettywas malaysian prime minister mahathir mohamad speaking exclusively to haslinda amin last month. you can turn to your bloomberg for more on these malaysian election results. get commentary and analysis from bloomberg's expert editors. in the next hour we will speak former secretary, now a senior advisor for international affairs with the asian strategy and leadership institute. this is bloomberg. ♪ yvonne: a quick check of the latest is this flash headlines, the company aiming to raise $3.7 billion in its ai ipo. the second-largest insurer at 54% stake in money manager alliance bernstein. the biggest u.s. share sale this year. betty: bloomberg has been told from net to borrow earnings by selling a stake in its power business. our source says india's top wireless operator lands to raise $1.5 billion by listing 1/4 of its african unit in either london or south africa. counting down to the start of trade in japan and south korea, just moments from now. spi futures at a higher open after th

betty? >> reporter: liz, the fireworks show and light display could not beat out the san franciscoing to tonight, but it didn't matter. we saw big smiles all around here. people in general so happy to be here to document this great moment after more than four years of construction. salesforce mascot flipped the switch to officially chris and the tallest architectural building west of mississippi. a dance party followed and cellphones all around were up to capture the historic moment. that familiar san francisco fog. >> i think it is so awesome that i'm here to experience this. >> we came out here and you can't see anything, but it is very san francisco. >> reporter: along with the fireworks, a salesforce displayed 11,000led lights at the crowds. the world's tallest public installation. >> when it's not foggy, it'll be great. >> reporter: today's celebration was more than just fanfare and breaking records. >> they're up on that 61st floor, looking out, allowing us to see we're one community. we are one san francisco. we have obligations to each other and especially to the less fortunate that are among us today. >> reporter: he announced his heading home campai

good reminder for people that fire season is here and it's time to clear brush around structures to make sure if fire happens near you, that you have a chance to survive. >> reporter: betty yu, kpix 5. >>> and we're looking at weather today. those breezy conditions continue. >> oh, yeah. it's been howling at night. right now in that area where the fires are 47-mile-per-hour wind gusts just popped up. so that's obviously a concern for those firefighters. it's a west wind so that tends to bring in a bit more moisture. so it's not as dry and humid as what we might see from a north offshore wind. let's check the map here. it's another day of strong winds out there. 26-mile-per-hour winds. continuously coming in from the west. san francisco downtown, 22, 23 in oakland. these are the hills that have been dealing with strong wind gusts, 30, 40 miles per hour like i just said a 47-mile-per- hour gust just popped up there through fairfield and antioch. that's been very breezy. it's continuing to be that way. so yesterday, some of our peak gusts were around mount tam. here's the top of the "salesforce tower." as far as cloud coverage is concerned, we are seeing it roll in. this is

people. some say that he has mellowed. he was more moderate, less radicalized than from 20 years ago. bettyk you so much for bringing that interview for us. our chief international correspondent for southeast asia. don't miss our conversation with the new prime minister this week . you can catch it friday 7:00 p.m. hong kong time, 9:00 p.m. in sydney. -- a.m. in sydney. talk on the outlook for oil and the geopolitical tensions, uncertainty over the opec curves, and what about sanctions against venezuela? this is bloomberg. ♪ this is bloomberg. ♪ this is daybreak asia. i am betty liu. david: i am david ingles in hong kong. let's look at venezuela now because there has been an election ongoing that has been ignored by many at home and criticized by many abroad. people are simply refusing to vote in what they say was a sham that guarantees nicolas maduro another six-year term. joining us from caracas is our latin america managing editor. give us a sense of what the mood is like. reporter: i think throughout the how there was surprised empty it was. you saw not only did the traditional oppositi

markets and 12 markets is stronger and people look at the asset class like it is overvalued and the dollar strengthening. this is what is happening and it may continue. bettyu think it will result in a positive and tightening by the fed? ben: the dollar strengthened reflects a strong u.s. economy and to some extent it is true, but at the same time that causes global markets experiencing higher volatility, ultimately a will show up in high yields and financial conditions and that could impact the economy. betty: but we are not there yet. are we far from their? way,i think we are on the it depends on how expiration of the dollar continues, that matters a lot. if that continues we can see the fed me look at this and it is impacting the economy negatively and they may have to stop the d timenning for a perio before it can resume and i could take up the pressure off the dollar as well as emerging markets. i want to raise the question that it be had with what happened in may of 2018, let's get into the bloomberg and see a chart that shows a lot of major emerging markets doing a lot better in terms of getting the financial houses in order and reducing the extent

betty yu has the story from brentwood. >> reporter: students and parents showed up tonight to try to change the district's plan to transfer a popular teacher to another school. so many peopled up in his support they could not off it in the meeting room. >> you guys have two minutes to speak. >> reporter: dozens of students showed up at the school board meeting to defend heritage high school teacher tyler rudd. they carried signs that read we anneal with red. this after this snapchat video of the u.s. history video got a lot of attention. he is seen kneeling while the american flag was being raised on campus by some rotc students. the student taking the video was clearly upset, even yelling expletives saying it was disrespectful to the flag and the u.s. military. students believe this is one of the reasons the district is transferring mr. read to liberty high school -- rudd -- mr. rudd to liberty high school. >> these are the types of issues that make americans think . they are needed. they can't be silenced. >> reporter: students started an online petition to protest the transfer. it now has more than 12,000 signatures. the teacher spoke with us this afternoon. >> i took a

straightforward, plain speaking people, and we are committed to multilateralism and the importance of bodies like the wto, and very focused on a stable, peaceful, and prosperous region. bettyt of those countries you mentioned, china does stand out because you are so dependent on chinese trade and that country. it does tie your hands a bit, does it not come in terms of being able to use leverage against them? that is't think actually the paradigm that we look at the relationship through. it is not assessing what we can do through the use of leverage. i don't think that is a particularly constructive way. betty: isn't that the position though? no, what it reinforces is the importance of constructive dialogue. we have built a really strong trade relationship, investment relationship, with china. we have a free trade agreement with china that is underpinning a lot of what we do together. we were one of the first countries to join the asian infrastructure investment bank. we are willing to work with china on the belt and road initiative, but we also have incredibly strong ties with the united states. we are doing much together in that respect as well. likewise with japan and ko