seoul is heavily defended.f. it's later than you think. during the six weeks between 10 august and 0 september, the period -- 20 september, the period covered by this combat bulletin, there were three main phases in the fighting. on 10 a august, reinforced united nations forces were dug in to defend the beachhead by the river. we could withdraw no farther. if we were to hold our beachhead and the vital supply support. communist forces were threatening pohang, taegu in their drive. we had launched our first counterattack to stop the most dangerous communist drive. on 1 september the communists launched their biggest drive of the war all along our beachhead perimeter. it was an all-out effort to take pusong and destroy united nation forces. we were being pushed back, taegu was in the danger, and pohang was being taken and retaken. ♪♪ >> by 20 september the battle had changed completely. five days previously, marines had made an amphibious landing a 150 miles behind the enemy lines. the enemy, still pressing his a

then we replace ridgway who replaced macarthur and what was left of seoul was taken by u.s.n, tactical stalemate developed above the 38th parallel. a new phase of the war was at hand. in the early summer of 1951 the communist world let it be known that the cease-fire and troops -- and a truce were possible. they stipulated that kaesong were in territory talks for the u.n. found kaesong to be hostile north korean propaganda show. closer to the 30th parilla became the compromise of choice. for three years and 17 days exploratory talks offering two to 55 sessions went on and so did the fighting. ♪♪ another winter in korea past. combat became limited the lucky producing isolated battles and now famous legend and acts of heroism became just as legendary. ♪♪ oh ♪♪ finally in april of 1953 sick and wounded p.o.w.s were exchanged as part of operation little switch. expectations for a meaningful cease-fire spread throughout the world especially among the bone where united nation's forces and then july 27, 1953 an armistice was agreed to. across korea it would stand silent. ♪♪ but hig

a training debut in seoul right now -- trading debut in seoul right now.rom climate scientists. world leaders under growing pressure to reduce fossil fuels. south korea coming online and japan is back. let's turn to sophie. sophie: after a long weekend, the topix is up by .3% this morning. the yen is trading near a two-week low in the face of a stronger dollar. yields are projected to go higher. u.s. treasury yields are pretty calm after the jump we saw overnight that pushed the 10 year back above 132. a little bit of pressure this morning as the media reports that the company is seeking to put together a stimulus plan. softbank results this tuesday. we have seen shares drop below ¥7,000. turning to south korea, sk pharma a potential sale. we are looking to see the kospi snap a three day decline. a negative debut for this stock after a raise of about 3.8 billion dollars in its ipo. we did see companies lock up about two thirds of its institutional shares. south korea now seeing delayed vaccine deliveries. a staggered open in sydney this morning. we are see

haidi: our asia tech reporter in seoul.. -- meituan, investors will be watching whether the government crackdown has played out. our senior analyst joins us for a preview. what is key for you in this set of earnings release? reporter: it is about how the company plans for changes in its business so it can comply with the new regulatory environment. the highlight will be in terms of changes to the benefits the company will be making to its core food-delivery business and the riders in that part of the sector. kathleen: what do you expect to happen next? how will this play out? >> if the company is able to help investors form a clearer picture of the company's outlook, it will ultimately be a benefit for them because they are ultimately the leading player in food-delivery business, and the resilience of their business in a new regulatory environment can help them become stronger in the next couple of years. kathleen: catherine lim, thank you so much. coming up, more insight on jay powell's jackson hole comments with danielle

it's britain's first medal in the event since the 1988 olympics in seoul.afai won gold in the flyweight division — britain's first in the weight class since 1956. he beat carlo paalam of the philippines. and tom daley has won a second medal in the diving, taking bronze in the men's ten metre platform to add to his gold from earlier in the games. with four medals, the 27—year—old becomes britain's most successful olympic diver. so, 20 golds and 63 medals so far in tokyo for team gb — making it their second best performance at an overseas olympics. here's our sport correspondent andy swiss. olympic gold has rarely tasted sweeter. british boxing hadn't had a champion at these games. but galal yafai soon saw to that. oh, and he's down! oh, there you go! it took him barely a minute to put his opponent on the canvas. and from there, victory was gloriously inevitable. before the last games, yafai was working in a car factory. now the 28—year—old, whose two brothers are also boxers, had achieved the ultimate. and so has this man. after swimming, fencing, showjumpin

kipyegon broke the 33—year—old 0lympic record set by romanian paula ivan at the seoul games as she clockedtres to win the 5000—metre 0lympic title, succeeding two—time champion mo farah. the 24—year—old ugandan world record—holder in the distance timed 12 minutes 58.15 seconds. and in the women's 400 final, shaunae miller—uibo of the bahamas took gold. that's back—to—back 0lympic titles for the 27—year—old after her victory in rio five years ago. to cycling, and laura kenny has become team gb�*s most decorated female 0lympian as she and team—mate katie archibald won a cycling gold in the women's madison final. and in the women's hockey, the netherlands have beaten argentina 3—1 in the final to take the gold medal. you'll remember they had to settle for silver in rio when team gb won a gold in a thrilling penalty shoot—out. let's update you on another story. two sports coaches from belarus have been stripped of their accreditation and asked to leave the olympic village. this comes, of course, after they allegedly attempted to force one of their athletes to return home early. the belarusian

paula hancocks in seoul, south korea. appreciate that.so much. >>> thank you for watching "cnn newsroom." if you're an international viewer, african voices: change makers coming your way next. if you're here in the u.s. and canada, i'll be right back with more news. did you know prilosec otc can stop frequent heartburn before it begins? heartburn happens when stomach acid refluxes into the esophagus. prilosec otc uses a unique delayed-release formula that helps it pass through the tough stomach acid. it then works to turn down acid production, blocking heartburn at the source. with just one pill a day, you get 24-hour heartburn protection. prilosec otc. one pill a day, 24 hours, zero heartburn. >>> welcome back to "cnn newsroom," everyone. i'm michael holmes. appreciate your company. now back to afghanistan and the taliban's stunning advance across the country. one week was all it took for the insurgent group to gain control of half the nation's provincial capitals. that includes afghanistan's second largest city of kandahar. meanwhile th

jay y lee left seoul detention centre just after 10am local time this morning.jail back in january. he was subdued and very briefly addressed the media there saying, i caused much concern for the people, i deeply apologise. this is part of a long—running saga that has dominated both south korean politics as well as its business needs. he first went to jail for instance back in 2017, was convicted of bribery of the former president as well as his friend, president park. who was of course impeached for this. this time around he served just over 200 days which makes up about half of his sentence and there's an interesting reason why he has been released now. according to thejustice ministry, they say it's important for south korea to get over the economic woes of the covid—19 pandemic. samsung is the world's largest chip maker, smartphone maker and one of south korea's major conglomerates and a very important part of the south korean economy and there's been concerns that a number of business decisions were made badly or in fact stalled as a result of him being inc

let's look at how we are faring in seoul.h in focus with lg chemical missing its earnings and we have the kospi lower by 4 -- way 4%. the korean won trading at its lowest level since august. we are seeing that may take lower. the ipo outlook also very much in focus in south korea. switching up the board we have metal in focus this morning. gold and silver extending losses on the back of the strong u.s. jobs report on friday. gold is losing ground. touching that $1700 level. silver falling as much as 7%. after we saw the first weekly rise since june for u.s. 10 year yields. treasury futures are lower this morning. the tapering timeline is being considered. shery: let's discuss the broader markets. kyle, as sophie was saying, we are seeing the repercussions of the very strong u.s. jobs numbers with the metals prices, which takes me to our question of the day -- how far will gold fall, given the u.s. jobs numbers we have seen? i want to expand on that question and ask you, where we going to see the biggest impact? we are already

shery: we are counting down to the start of trade in tokyo and seoul.e of the stories we are watching today. in south korea, we are going to get parliament holding a hearing for a chairman nominee at 10:00 a.m. local time, likely to face questions on rising household that and cryptocurrency regulations as well. the general motors ceo signaling the carmaker will continue its relationship with lg energy for ev batteries even amid its 1.8 billion dollar vehicle recall. we will have more from our exclusive interview later. in japan, the government suspended the use of 1.6 3 million doses of the moderna covid-19 vaccine, after receiving reports of foreign particles. we are awaiting inflation figures for tokyo due at half past this hour. a marginal rise forecast in the august figure. japan's ruling liberal democratic party will hold its leadership vote on september 29. the japanese former foreign minister announced he will challenge the prime minister in the election. paul: thanks. for more on that leadership vote and yoshihide suga's prospects, we have our p

we will be getting that later on from the be ok governor, holding that briefing at the capital seoul, and you can watch that life and you can also watch on the terminal be live go. yvonne: we are getting more now on why they decided to hike. kathleen: this is kind of an historic move. not only the first asian central bank to move, you could say it is the first big major economy -- advanced economy to move. yes, iceland has raised their key rate, but korea is a large, influential country in the region, in the world, and in 15 months of a record low rate, i do see a headline from img -- ing economics that bank of korea chooses debt over disease. when asked about the impact of the virus, he said we have to have permanent flexibility here. it is not binary, do we or don't we have cases -- it is here now we have to deal with it. of course, it is also interesting from a policy statement, we know so far ahead of the presser, bank of korea, degree of promulgation to reduce gradually, ok? clearly, they have made their first move, but it's not like they are saying full speed ahead yet. david: w

the market opens in sydney, seoul, and tokyo are next.erg. ♪ comcast nbcuniversal is investing in entrepreneurs to bring what's next for sports technology to athletes, teams, and fans. that's why we created the sportstech accelerator, to invest in and develop the next generation of technology that will change the way we experience sports. we've already invested in entrepreneurs like ane swim, who develops products that provide hair protection so that everyone can enjoy the freedom of swimming. like the athletes competing in tokyo, these entrepreneurs have a fierce work ethic and drive to achieve - to change the game and inspire the team of tomorrow. haidi: welcome to "daybreak asia." i'm haidi stroud-watts in sydney. >> i'm sophie kamaruddin in hong kong. looking at the major market opening from asia. shery: good evening from bloomberg's world headquarters in new york. i'm shery ahn. asian stocks set for modern -- gains. the u.s. inflation print could help revive reflation trade. looking ahead to key earnings out of hong kong. hks and cat

the market opens in sydney, seoul, and tokyo are coming up next. bloomberg. ♪ ♪ shery: hello and welcome to daybreak: asia. sophie: i'm in hong kong. haidi: i'm in sydney. taking a look at the major markets in asia. asian stocks set for declines after wall street clears. policymakers could start tapering later this year. a warning from tencent that says investors should brace from a regulatory turbulence courtesy of beijing. china's bailout despite a bad debt manager posting a record loss for 2020. sophie kamaruddin is in hong kong. sophie: a number of things in fact -- in markets today. we have speculation building that a property tax may be in the offering from beijing. we've seen downside moves for japanese stocks today. the yen losing ground, holding below that handle. the 10 year gaining some ground. we may see a mixed session with uncertainty about the japanese elections as well as consolidation of the fiscal budget from japan. checking in on the open in south korea. a trading debut on the watch. the kospi be under pressure. the korean won ea

i'm joined now by paula hancock, in seoul, south korea.down reflecting the huge spike? >> reporter: that's right, kim, we heard from the state primer of south wales saying this is a war to try to fight against the variant, this is a concerning day as well, as you say, a record number of new cases there. sydney itself, a city within new south wales has been on lockdown for seven weeks. and saying if that lockdown hasn't happened they would be talking about thousands of cases rather than the hundreds they are talking about. but they are enlisting the military as well to help the police to make sure the people are following the rules the stay-at-home orders, they had more than 500,000 personnel patrolling the greater sydney area. and 200 more added on monday. they'll be enforcing the fines, in the realm of $3600 if you're found to be breaking the rules. so they're really trying to crack down on anybody who is not doing what they are supposed to be doing. now, we spoke to the chief medical officer in australia recently the victims of the pande

the second largest ipo in seoul. this year. let's pray in our stocks reporter. reporter: what a sensational morning. it looks like what the lender will be able to do in the future rather than currently, less than 1/10 of the traditional financial companies. it makes up the largest company -- financial company in korea with market optimization. it is operating on the online space with its mobile application. shery: that is it for daybreak asia. our market coverage continues as we take a look at the trading in hong kong and shanghai this friday. stay with us for bloomberg markets in the china open. this is bloomberg. ♪ and there you have it - wireless on the fastest, most reliable network. wow! big deal! we get unlimited for just $30 bucks. i get that too and mine has 5g included. impressive. impressive is saving four hundred bucks a year. four bucks? that's tough to beat. relax people, my wireless is crushing it. okay, that's because you all have xfinity mobile. it's wireless so good, it keeps one upping itself. david: good morning. it is nine :00 in the morning

we have more from seoul.ter: north korean state television showed image of -- images of floods of homes and hundreds of agricultural fields have been destroyed water. that is what we are watching, because in the last few months kim jong-un has said his country is suffering from a food crisis. this is in part caused by a series of natural disasters last year. they had successive typhoons and then a really heavy monsoon season. they also have problems because they closed down their border completely with china, shutting off trade with their main ally. that has made very little food and very little innocent -- that has mean very little food and medicine has made it across the border and it is clear that the situation is becoming serious. nada: the tokyo olympics opened with a ceremony which featured two mixed japanese athletes and very high roads stashed rules, rui hachimura naomi osaka. many saw as a watershed moment in the way japan views its growing multiethnic population but it also set off an intense debate

that oil has long enraptured americans in such fashion and how it's imprinted itself on the american seoul soul with lasting and social consequences for people in the pulpits and pews of this country and also those beyond. someone else who recognized that oil was extension, even theological for americans was president jimmy carter whose words i think are appropriate for opening this talk. in the summer of 1979, carter delivered his infamous crisis of confidence speech or malaise speech. it was one of carter's most important addresses as it came amid revolution in iran and a resulting second energy crisis. with dead seriousness he pleaded for people to support his energy conservation agenda, but he also requests for more. as he began to speak i began to ask myself the same question that's been troubling many of you. why have we not been able to get together as a nation to resolve our serious energy problem deeper even then inflation or recession. it is a crisis of confidence. a crisis that strikes at the heart and soul and spirit of the national will. in the days to come he implored, let's

kerr in the men's 1,500 metres — it's britain's first medal in the event since the 1988 olympics in seoulfai won gold in the flyweight division — britain's first in the weight class since 1956. he beat carlo paalam of the philippines. and tom daley has won a second medal in the diving, taking bronze in the men's ten metre platform to add to his gold from earlier in the games. with four medals, the 27—year—old becomes britain's most successful 0lympic diver. so, 20 golds and 63 medals so far in tokyo for team gb, making it their second best performance at an overseas 0lympics. let's get the latest from the bbc sport centre. here's gavin ramjaun. it's now 20 gold medals for british athletes afterjoe chung made history, in the men's modern pentathlon. he's the first british man, to become the individual olympic champion in this multi format competition. he had a healthy lead going into the final event, the laser run, in which you shoot lasers at targets and run 800 metres in laps. and remember team gb won the women's modern pentathlon, yesterday with kate french taking gold in that one. ever

so when we got to 1988 in seoul, they were boycott free, and everyone went, wow, this is great no boycotts -- everyone went, wow, this is great, no boycotts, normal olympics, and i think, as you've identified, it's gone back to more of an athlete focus now. i was noticed the other day there was a chinese competitor in one of the sports, and another athlete was treating that competitor, you know, just as if they were any other athlete around the world. and there could have been some animosity there, because issues are going on in beijing, with respect to the winter games in 2022, but yeah, they just seem -- they are athletes, and they don't really want to do too much, in terms of inflaming the situation. they are there to train, win medals, and they kind of stay out of the political forum. there has only been, i think, one little small protest that the ioc didn't want to occur, but they've put things in place to punish athletes and quite do that. but, yeah, i think we've seen that all diminish, boycotts and issues that happen, it's gone more to an athlete focus. hazem: barbara, people say t

some people have gone to seoul and some people have gone - on to otherjobs as well.n very unfortunate. was it something the us embassy potentially got involved with at the time in order to help you and others? i can't speak to those direct conversations, | as i certainly wasn't a part i of them, but i can definitely imagine that they were - interested and involved in it as well. people will remember the fact that the last two australian journalists in china ended up spending theirfinal days in the country living inside the australian embassy before they left. right. yeah. | i mean, you know what happened with john sudworth with the bbci and the uk journalists i with australians and also now the us as well. like i said, the us government has, at least in our case, - the chinese government has stressed that this is part - of a broader us—china politics. this isn't punishment- for our coverage in particular, but it is definitely a very i difficult time for all foreign media operating in china. meera from the reuters institute. tit for tat was mentioned by amy. give us a

james -- seoul was born in alabama, and lived a unique life. among the minority of stillborn people -- a gifted born pilot, a runaway, a soldier in the union army. and finally, the owner of a dairy farm at a time when there were only a handful of black-owned businesses of this type in the country. just as important, he had been -- african american history. he had put his money and freedom -- the letterhead been a member of the important black southern mutual aid social and birmingham. he had fought along with black veterans for a bounty as a soldier. and had been the first reparations movement member. james that also been involved in african stories from the very beginning. and that chosen to tie his life -- while still maintaining his influence. and although he never lived in africa town, he was buried in the africans graveyard. thank you. [applause] ♪ ♪ ♪ >> i am my ancestors. wild and dreaming. first, i would like to think the most high for this infrequent opportunity to stand before royalty and the greatness. in which whom we are the descen

with artillery aimed at seoul, that reality hasn't changed. i think you can't make that analogy.re a lot of things that went wrong going all the way back to the bush administration. we could have done this far better, but we didn't. that doesn't mean you keep troops for an undetermined period of time with no hope of a solution. so i think the president �*s right there, but what i think he isn't talking about is what is administration did in terms of the final pull—out. the botched operation to pull out the embassy and get people out.— and get people out. thank you for “oininu and get people out. thank you for joining us- — more now on the day's events at kabul airport, where american forces fired into the air to disperse crowds attempting to force their way onto departing planes. several people are reported to have been killed. american and british troops are engaged in evacuating their citizens, while the international community tries to define its response to the taliban's lightning—speed victory. here's our afghanistan correspondent, secunder kermani. running for their lives,

he said, that seoul female representative, a woman's suffrage in the house, miss janet admitted not from judgment but from her women's heart, that while she loved her country, she could not vote for war. with the war still on, how would you like to see a majority of the membership of congress made up of women? this is no issue to be decided by women's fears and tears and emotions, this is an issue to be decided by the real manly men of america. and this is why i'm opposing the pending amendment. despite these reservations, the house voted the path in by the pair of super nudge already needed, 274 to 1:36. it's to celebrate, she was presented with the flag that flew over the house at the time of the vote. this summit did not pass that resolution. and she would leave congress before the ratification of the 19th amendment in 1920. still, the earlier vote that she witnessed was a first step, a very impressive for step in the march forward towards universal women suffrage. on march 4th, 1919, her last day in the house, she gave a farewell speech. she told her colleagues in the chamber, i'm so

david: that is what to expect out of seoul today.aking half a step back into where we were today and you look at some of the technical signals, even on friday, thursday and friday, some of the signals on the hang seng index in particular were screaming by. whether you want to take advantage of that information or not, that is up to you. here is how the price action looks within the hang seng index. yvonne was talking about how makes one is 7.2%. tencent is at 2.5%. you are seeing some of the money get taken off of the table here. as we go into the last 30 minutes of trade, we have been tracking this for five or six days now. we managed to hit our head on the 200 day moving average. have not been able to close above that. just something to watch on the back of these 25 points and on the back of this one. inflation was out earlier on the higher side. yvonne: it is more on the rig of the tory risk. have more coming up on bloomberg asia. inflation, jobs report, the like. this is bloomberg. ♪ and there you have it - wireless on the fastes

then gold in rio, mills had teamed up with mcintyre, whose father won an olympic sailing title in seoul than enough. it is gold for great britain. this, what a fifth medal of these games meant to the british team. well, they've done it. mills and mcintyre have won olympic gold for team gb. it had already been a fantastic regatta for britain, well, it's just got even better. mills, who had been one of the team gb�*s flag bearers at the opening ceremony, now the most successful female sailor in olympic history. it's been one of the hardest weeks of my life, i am sure for eilidh as well. just every day, feeling sick, not being able to eat, just nerves building up, and, yeah, the emotion ofjust... we've done it. it's over, we've done what we came here to do. i can't believe this has happened. i think i have dreamed of it my entire life with my dad's and just, yeah, ijust, it is such an amazing feeling and i can't wait to have it round my neck. mills�* friends and family meanwhile watching on from the yacht club in cardiff bay where the 33—year—old had first learned to sail. i was just so re

haidi: we are counting down to -- shery: we are counting down to the start of trade in seoul ps softbank $400 million on a simtech start, making the first bet in africa. the mobile payments platform has been valued at $2 billion. mizuho said the systems outage has been fixed with services restored to atm's and alumina miners are facing another surge in prices on top supplies. they are the biggest importer of the metal. in south korea, the finance minister is holding a meeting with ruling party officials to discuss the 2020 two budget. a proposal is expected by the end of the month. president moon is set to what i cabinet meeting in just over one hour's time and the bank of korea released second-quarter household credit data. as we head towards bok rate decision on thursday, high household debt has been a key concern. haidi: we have been hearing of another opera budget for south korea, weighing on concerns about the debt burden. this is what we are looking for when it comes to the setup of trading, four minutes away from the start of trading in major markets including sydney, seoul, and t

shares of this company fell in seoul along with asian game stocks.heck out the kiwi dollar firming up after we saw the jobs report from new zealand surprising to the upside with the unemployment rate falling for the second quarter, likely affirming rate hike debts. and check out the offshore u.n. holding. this is despite the slump we saw despite revelatory concerns. -- regulatory concerns. over at bloomberg intelligence, you have tom orlik saying that china's delta variant is weighing on the economic outlook for the country. and over at the markets team, they are illustrating some speculation that could show how asian central banks made a late rate hikes. bets are picking up that central banks may ease in the coming months on that delta risk. we are seeing chinese swap rates fall as we are seeing indicators to the economy weaken. manufacturing activity has slowed. haidi: an exclusive interview with someone who has helped organize 12 olympic games. a guest from the ioc joins us to discuss the legacy of tokyo 2020, what comes next and lessons learned f

we have the market opens in sydney, seoul, and tokyo, next.berg. ♪ comcast nbcuniversal is investing in entrepreneurs to bring what's next for sports technology to athletes, teams, and fans. that's why we created the sportstech accelerator, to invest in and develop the next generation of technology that will change the way we experience sports. we've already invested in entrepreneurs like ane swim, who develops products that provide hair protection so that everyone can enjoy the freedom of swimming. like the athletes competing in tokyo, these entrepreneurs have a fierce work ethic and drive to achieve - to change the game and inspire the team of tomorrow. shery: hello and welcome. i am shery ahn in new york. sophie: sophie kamaruddin. haidi: haidi stroud-watts. the top stories, asian stocks with gains after wall street highs, moderating inflation, easing concerns. the latest that voice calling for a diving back of stimulus. lenovo profit as the pandemic boosts sales. we will speak to the cfo. let's get to the market open. sophie: moves to the

for mcintyre, she emulates dad mike, who won gold in seoul in 1988., but had a punchers chance against lopez, and already an olympic champion from 2016. in the end, the harvest of hits were delivered by the cuban, —— hardest of hits... leaving a gutted whitaker with a silver. ben croucher, bbc news. well, earlier, frazer clarke added another medal in the boxing with bronze in the super heavyweight category. he lost his semifinal match after the referee stopped the fight because a deep cut above frazer's eye opened up again. but the loss does mean he walks away with a bronze medal. afterwards he said "it was not the fairy—tale i wanted but i'm proud of myself". it's day two in the velodrome, and after winning silver in the mens team sprint, it's so far so good forjason kenny and jack carlin in the individual men's sprint. carlin had broken the olympic record this morning to qualify, although it was then broken again a few minutes later... but then he had no problem beating nathan hart of australia to reach the last 16. and in the last couple of minutes

it's an online bookseller, 300 employees based out of seoul, it has seen its best day ever.are still tracking the fallout, the swings we are seeing out of new zealand. down, a little bit higher, most thought they were going to hike rates, but they held instead in error -- to air in the side of caution. they will be hiking rates, talking about the kiwi dollar, we are bringing back almost the level before the rate hike. yvonne: they talked about how you see housing prices are basically at unsustainable levels or above sustainable levels, so they have to do something about that. hikes are still in the pipeline they say, it just wasn't today. that is still something -- hawkish hold. but not yet. this is b david: we are talking . some good news for the bad debt manager. our sources told bloomberg they will receive 50 billion yuan as part of an overhaul, which shipped its control. yvonne: let's bring in a china credit editor. the future of huarong. reporter: it is certainly the first big move we have seen from beijing to resolve the crisis. the term wild wild credit markets. we ar

the market opens in sydney, seoul, and tokyo, next. see if they follow wall street to those record highs. u.s. futures at the moment pointing slightly down but of course, this coming at a time as well when we continue to see more hints of a chinese crackdown. this is bloomberg. ♪ and there you have it- woah. wireless on the most reliable network nationwide. wow. -big deal! ...we get unlimited for just 30 bucks. sweet, i get that too and mine has 5g included. that's cool, but ours save us serious clam-aroonies. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. shery: welcome to "daybreak asia ." haidi: asia's major markets have just opened for trade. our top stories, china's crack on the delta virus set to subdue -- beijing tightens funding for struggling residential property developers, restricting investment from private equity. and alibaba sets up a harassment hotline as it investigates a rape allegation against the manager. as t

shery: we are counting down to the start of trade in tokyo and seoul. already seen some of the key economic numbers out of japan with exports missing expectations and core machine orders coming in slightly better than estimates. we are watching japan's virus emergency which has been expanded to seven more prefectures and extended until september 12. we have a few earnings left to come this season including real estate investment trust japan excellent. in south korea, softbank and caret has become one of the nation's biggest startups, scoring at a 2.7 billion dollars valuation and we are looking at the entertainment industry. second-quarter operating profit that beat estimates. it was amiss for j y p -- a miss for jyp entertainment. sophie: citi keeping qantas on watch. plenty of earnings to digest from down under. we have in the consumer space -- delivering the results. we are keeping an eye on resource companies today. it is back in the black and boosted its dividend. it will pay a special dividend on its profit jump. it plans to scrap a dual listing.

vonnie: samsung electronics' vice-chairman has been released from a seal -- seoul prison. he apologized to the public for causing worries. the 53-year-old had been serving a 2.5-year sentence for bribery. he still faces prosecution in two separate cases. the pentagon says it is sending about 3000 extra u.s. troops to afghanistan to help evacuate the -- diplomats. the u.s. has more than 3000 people at its embassy, many of them american citizens. the partial evacuation order has underscored how badly the u.s. has been caught offguard by a rabid taliban advance. hong kong's population shrank substantially over the past year. people left the city after a national security law that curtailed protest and dissent. hong kong's current population is about 17.4 million people. global news 24 hours a day on air and on bloomberg quicktake, powered by 2700 journalists and analysts in more than 120 countries. i'm vonnie quinn. this is bloomberg. david: coming up on the show, we will talk about potential scenarios with the taliban's rapid advance raising alarms. we discussed the implicat

then gold in rio, mills had teamed up with mcintyre, whose father won an olympic sailing title in seoulre than enough. it is gold for great britain. this, what a fifth medal of these games meant to the british team. well, they have done it. mills and mcintyre have won olympic gold for team gb. it had already been a fantastic regatta for britain, well, it's just got even better. mills, who had been one of the team gb's flag bearers at the opening ceremony, now the most successful female sailor in olympic history. it's been one of the hardest weeks of my life, i am sure for eilidh as well. just every day, feeling sick, not being able to eat, just nerves building up, and, yeah, the emotion ofjust... we've done it. it's over, we've done what we came here to do. i can't believe this has happened. i think i have dreamed of it my entire life with my dad and just, yeah, ijust, it is such an amazing feeling and i can't wait to have it round my neck. mills' friends and family meanwhile watching on from the yacht club in cardiff bay where the 33—year—old had first learned to sail. i was just so re

that as seoul may downgrade the patrols. last-ditch effort for a canadian court to reject an extradition request. she has been fighting extradition since her arrest in vancouver two and a half years ago. u.s. prosecutors claim she lied to hsbc about huawei's operations in iran. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. i'm vonnie quinn. this is bloomberg. shery: here in new york, andrew cuomo has resigned as governor and apologized to the 11 women the attorney general said cuomo sexually harassed. he called the report falls but said his decision to leave was in the best interest of the people of new york. kathy hochul will take over the office in 14 days, becoming the first female governor of new york. quite the downfall for somebody who was at one point thought to be a potential presidential candidate. >> definitely. cuomo resigning today was unexpected. nearly everyone i spoke with in albany said they did not believe he would

♪ >>> seoul, south korea. near the center of the city is a

brazil, madrid, london, paris, india, thailand, tokyo, seoul, australia and then back. i thought, you know, when we came back, we had clippings in a big fat notebook. it was called, giant step. we all thought that was pretty appropriate, coming back from doing things way out there, we felt that our trip around the world was logically a giant step. well, you know, we went through the apollo skylab soyuz, the shuttle, the station and international ventures like that. then it was constellation, back to the moon, journey to mars. neither of them quite gelled. they didn't quite make it. so now i think -- i think the public would like to know what is the next step space alliance. this is not just nasa, just the u.s. we have an alliance of nations that need to venture out on this next step space. and they're not just space agencies, but if nasa were to try to bring together the commercial guys, the ones that love government money, it would have to be with maybe the aerospace corporation as an overall adviser to nasa. you remember bell com was in apollo, and nobody is right now

. >> seoul soldiers who in afghanistan trying to defend that policy as well. donna crane with san jose state, thanks so much for spending time with us here on kron. 4 news at 9. >> now to our breaking news about the potential of power shut offs as pg and e is warning people that this could happen this week in the north bay. we're looking at now is the 7 day forecast showing the areas that have elevated fire risk. that's what's highlighted in yellow. you see, that's what's happening on tuesday and wednesday. those areas could have their powers shut off. if the winds pick up during the week. there's going to be low humidity and it's also super dry out there. we know the potential for fires is very high. so the winds pick up pg e is saying that on tuesday and wednesday 3 bay area counties could be affected. that is napa, solano and sonoma counties further north. there's lake county and yolo county and also butte county could have their power shut off as well. this is a developing story. we're working to get more information for you and we'll continue to cover it