david: you mentioned shanghai. i can't let you go without talking about shanghai.personal project of yours. it's a big project. bring us up to speed on where that is, what do we know about shanghai today we didn't know three months ago? bob: it opened june 16 to great fanfare. biggest investment we've made outside the united states. it shows, by the way, in the product. great product. high-quality, very original. first four months, four million visitors. that did include the peak summer months. we said on the call people could infer if you factor in peak months, that should result in about 10 million visitors for the first year. we'd be happy with that number , but we are not providing guidance there. what we can say is that about 50% of the people visiting come from outside of the shanghai region. that's a big surprise to us. we thought it was going to be well above 75% initially that came from shanghai, and the fact that it is so balanced leads us to believe that word of mouth on this and the intent to visit from well beyond shanghai is very, very high. so this h

geetha: management has had great things to say about shanghai disney.s walter mentioned it's going to break even next year. they gave atendance numbers, four million visitors in the first four months which is very encouraging. of course they're not going to give guidance for the future. but so far, i mean, it's been a textbook opening for disney and it's resonating realy well with the audiences there. i think the other one thing that they mentioned was they have pricing leverage. it will be interesting to see how shanghai becomes part of their park operations. emily: winter in shanghai is brutal, it'll be interesting to see how they do over the winter. let's talk about the movie slate. what are you excited about when it comes to upcoming releases? walter: the star wars franchise is front and center. they've got one coming out next month , in december, then episode eight coming out next year. the predictability of the income stream, it's planned out for years in advance. they've got a marvel movie next year and another "cars" movie coming -- coming out t

a little switch out from the shanghai composite.d market as well, 10 year japanese bonds, we did see the yield retreat a little bit from that level we saw, the first time the yield at 0% since september. having a look at australia, the yield they're a little weaker as well, down slightly. i want to show you some stocks we are watching in the region. having strongdai heavy movement following the announcement of its business spinoff. well as is rising as the announcement of the super mario iphone game. haidi: thank you for that. rishaad: more on the oil markets. on toack stuff holding gains we saw in the last 24 hours, and also the biggest surge in seven months. hours, and also the biggest surge in seven months. haidi: that business flash headlines. the operation had been in limbo for a year. super mario can be downloaded for free. pay $10.l have to nintendo will introduce the game on android devices later. the mystic films account for sales. 100 more be releasedt to before the end of the year, which could boost the overall box office

shanghai as well.at it does is give the hong kong investor a few and view and entry into the new economy. >> the initial bet for the china stocks is only available to institutional investors. retail investors are exposed to , asmedium-size companies compared to bigger cap names. investor,he hong kong shenzhen dealing with a market that is driven by retail investors. with that, comes all sorts of --gers comic volatility dangers given the volatility we have seen. we look at the shenzhen earnings story, much better than shanghai. .0% the investor will be more exposed to growth opportunity, but volatility will be much higher, so the investor has to be more careful. rishaad: has an asset manager, what have you witnessed? are people interested in this? >> people are interested in the better quality growth names. chin jin more opportunity on the there are moret startups. twoay be exposed to volatility in terms of earnings and valuations. it is still trading at decent valuation. for obvious reasons of course.

also solid movement on the shanghai, up .6%.ties, but they did hit a 10 month high earlier in the week. elsewhere, mixed movement coming index, from regional thailand third-quarter gdp expanding three towing -- expanding three point 2% year. southeast asia markets mixed, but hong kong up by .4%, weakness coming through some energy players, flat in australia and new zealand. i want to show you some of the movers we are watching in the region. sigma pharmaceuticals and australia falling significantly. down 7%. this is after morgan stanley cut its rating on the stock to underweight versus equal weight, sliding the most in five months. ta the most since may after speculation as to who will be the successful bidder. currently up 10% heading into that lunch break. in theife leading gains insurance space in hong kong, a lot of upside from those equities. this is the biggest gain we have seen from china life since october's fix, and quite a lot of movement in terms of volatility on that stock as well. a quick look at how currency market

and shanghai are still closer to connecting their stock exchanges. both sides agreed to develop roles and implementation arrangements. philip hammond says the link will bring mutual benefits and open up new sources of investment for london. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. haidi: alibaba has had an impressive start to its singles billionnt, more than 10 bahra n dollars in sales. tohaad: let's get over shenzhen and tom mackenzie. how is it going, tom? yes, the numbers are quite staggering, $7.2 billion in the first two hours, and the latest number behind me, 10.7 billion dollars worth of sales. are only 10 hours into the day, so we could easily get to $20 billion. that compares to 13.5 billion dollars last year if you take into account currency changes. they have made 360 million deliveries already today. this event increasingly important for international brands trying to increase their footprint in china and the branding in china. litmuslso an important test

shanghai composite up .2%.icals are showing that the shanghai composite, which is in bull market territory, is overbought. up by .5%. markets have been hit the hardest since the election of donald trump. malaysia under pressure with the ringgit down almost 5%. coming through in terms of the bond space, the likelihood that the fed is going to increase rates at its december meeting. so government debt reverting to some losses. yields higher and australia, 2.7%. the australian 10 year note leading a reversal and bonds. just having a look at the 10 year note, unchanged in the u.s. at 2.31%. a quick look at currencies, the ringgit down .4%. the offshore renminbi showing weakness after the pboc cut the again after strengthening it yesterday for the first time in 13 sessions. president-elect donald trump making headlines after a another much-anticipated meeting. donald trump had a meeting with the new york times, first on, then off, then on again. 6:00 a.m. tuesday, he took to that heand tweeted canceled the meeting w

shanghai a little bit above water at this point.own, i want to point out what is happening. the reason i'm looking at energy is you can see prices at a four-year high in china. they are not coming down on speculation that they have raised prices and are trading for a fourth time. 2.25% of 1%. weaker fixing coming down to the pmi. the dollar was sold fully or quickly back to levels right before the data came out. how did this actually help? what we did, we put this together with the pmi. let's go into bloomberg and have a look at the graphic. you have the pmi data and the exchange rate and in some way they are related. you have dollar-yuan and pmi going back to a three-year high. these are driven by new orders which is the biggest change in the five components of the pmi data. something to keep in mind when you look at that. trading debuts on the chinese mainland, these should be the same story. down theebut should be last time i checked. i do not have to tell you wh ich ones are going public and which ones are more of a rational mar

we thought it was going to be well above 75% initially that came from shanghai.t is so balanced leads us to believe that word-of-mouth on this and the well beyondsit from shanghai is very, very high. this has become suddenly not a local product, but a national product in china. a national tourist destination, which is what shanghai is. that is really positive. david: one of the strengths of your company is the range of assets you have. if one starts to hit or miss, you have another one. the media networks have gotten a lot of attention. frankly in part because it is so successful. there are questions about the subscriber levels for espn and reduction in the subscribers. bring us up to speed on where that stands and at what rate are you losing subscribers and is that continuing? openwe have been eyes wide about what is going on in the television business overall. we have seen a lot of disruption and people are consuming tv on new platforms in very different ways and in new places. mobile has become important. we were candid a year ago about what we had been seeing

about 50% of the people visiting come from outside the shanghai region.ig surprise to us. we thought it was going to be well above 75% initially that came from shanghai. the fact that it is so that once leads us to believe that word-of-mouth on this and the intent to visit from well beyond shanghai is very high. not aas become suddenly local product but a national and nationalina, tourist destination, which is what shanghai is. that's really positive. david: one of the strengths of your company is the range of assets you have. if you hit and miss, you can hit with another one. media companies have gotten a there it tension because are a lot of successes with large companies. there is a question of subscriber numbers on espn. what rate are you losing subscribers? we have been eyes wide open about what has been going on in the television business overall. we have seen a lot of disruption and people are consuming tv on new platforms in new places all stop mobile has become important. we were candid a ago about what we were seeing regarding the espn subs and

in shanghai, people like milder food.e severalo adjustments to sauces and we do have a spicy products on the menu for those parts of the country. we have learned a lot about rice. we serve congee. the has to be variable for ingredients. we serve different rice in different parts of the country. there is localization. everyone loves the 11 herbs and spices original recipe. that is still our selling product. we are getting more sophisticated at marketing to different regions. mark: thank you very much for joining us today. china executive for joining us from shanghai. director hadbi conversations in recent days about whether he should have sent the letter to congress. thatials describe conversation. the official says the fbi director had the confidence of the attorney general. he has the confidence of the attorney general and they will oncuss the pace of the probe monday. this is the headline crossing. the are said to discuss pace of the probe yesterday. he has her confidence. we will bring you any other data. you are watch

also, a pretty good day coming through in shanghai.city companies, of course we did have that fairly ok data coming through out of china, showing further signs of stabilization. the shanghai composite is up 0.5%. we can see banking stocks higher on this search for yield. we will be live from london at the top of the hour here on bloomberg television. emily: welcome back to the best of bloomberg technology. heldweek, alibaba spendingur sales blitz. notice.s took we caught up with alibaba mike evans live shenzhen, china. >> it would be very difficult to do. as you can see, we are at least 30% higher than last year. we have somewhere between $18 n $17 billion in $18 billion. 33% or 34%.ore like but the real opportunity is that we are only today trading about 10% of the china resale market online. and so, there is huge potential growth in the china market. so, we see substantial further opportunity for growth in the future. emily: president elect trump said he will end trade agreements around the world. the alibaba chair has urged him not

up to 22 in shanghai on your friday. taipei at 29 degrees and fridged, cold air from the north north. uian bator 14. here's the extended forecast. >>> and with that we conclude this hour's nhk "newsline." be sure to watch "newsroom tokyo" at the top of the hour. thanks for watching.o#qÑ ♪ genie: you're watching france 24. time for 60 minutes live around the world. i'm genie godula. these are the headlines. hillary clinton tells her backers to never give up. she spoke out about her devastating defeat in her first public appearance since conceding the election to donald trump. is due to hold his first meeting with a foreign leader since winning the vote. with theit down

no terminal, but we can bring up the shanghai composite index. this is the shanghai link.onth, $500 this million sold off as net shares. that is the year to date so far. even as the shanghai composite index has been moving into bull market territory. it is confusing because it says it is down 9.5%, but in fact it is up 20%. stephen engle, thank you. manus: angie, let's talk about the markets. you have the trump victory. that seems to be stepping back from global markets a little bit. you have the dollar coming back from that month high. there is one man in saudi arabia, they have been impacted, as well. he is from cross bridge capital, a very good friend of bloomberg. welcome to the show. look, i have been saying, we are trying to make sense of the trump victory. you called it, you said that trump would win. looking -- have equity markets ran too far too fast? is it not all good for the consumer? >> the equity market has not run too fast, we did not see the selloff people were worried about. if you look at the 10 year yield on the treasury, 2.2, it is fairly written. there

seminars have already been held in beijing and shanghai. ten-day course costs about $2,700, but it's increasingly popular. >> translator: organizing services are an emerging business in china. i want to make it my career. >> translator: the value of our service lies in the fact that when we sort out their lives, we put their hearts in order too. >> reporter: as china develops into a consumer society, online shopping will continue to spread far and wide. the organizing business offers people a chance to clear away the clutter and think about what's really important. nhk world, shanghai. >>> japan is going through a tourism boom these days with more and more visitors coming here. people working in the industry are looking for ways to better serve foreign guests. for one company, the answer can be found by sifting through wi-fi data. nhk world reports. >> reporter: long gone are the days of heavy guide books. a smartphone and wi-fi is all that tourists need. >> when i've been walking the whole day and when i want to go back, it's useful to loo

the shanghai composite down .7%.teresting note if you are bullish on chinese equities for the long-term, saying china stocks will rise by 12% by the end of 2017, with an upside on the csi 300 and the hang seng china enterprises index. the hong kong index up by a .ound of point 3% some of those casino stocks pulling back. the weakness in commodity prices playing into the asx 200, the basic materials sector off by 2.6%, iron or falls to a on-week low, weighing fortescue metals group, and weakness in the oil and gas sector ahead of the opec meeting. stocks falling in australia in the oil and gas sector. santos is off by 2%. that weakness in the oil price sophie was talking about, crude oil tracking at a two week low, playing into energy related currencies. ae malaysian ringgit holding -- $4.46 if you compare it. an uptickng more of today, but tracking near that two week low for oil. rishaad: thanks. the oil market front and center. haidi: that's right. another day, another danger sign when it comes to china's financial

ceo of hong kong and shanghai hotels.china planning to compete in the stage three, private people making their mark. ♪ ♪ shery: china is spending billions of dollars on the space program, and is not a state led effort. tom mackenzie reports from changing. -- [indiscernible] >> china's private space ambitions are taking flight. technicians are putting the final touches to a capsule connected to a giant helium balloon. it is designed to climb to near space 20 kilometers above sea level. the company behind the project has lofty ambitions. they want to commercialize man-made -- amanda space travel. space travel. they have to test the life-support system. you heard about monkeys and dogs, but the traveler will be transporting this little guy, a two inch terrapin. this man is hailed as the elon musk of china. he wants to make space travel to accessible as many people as possible and use reusable parts, keeping it below $100,000 per person. >> our goal is to make normal people to go to near space, go by rockets. it will either g

the shanghai composite is in bull market territory.ng kong in late trade, some coming through. down .4 of 1%. the banking plans have been rising over the st couple of sessions and have been sold out. tencent falling despite the fact revenue third-quarter was quite strong. you have seen a lot of buying casino stocks. third-quarter gdp struggling expected. the nikkei closed flat but the nikkei and the topics still holding on to those nine-month highs but not a lot of movement coming through in that equities market today. australia closed higher by .201%. we had employment data released their today saying the unemployment rate hold on to 5.6%. looking at the offshore the pbo, this is after seat weekend the yuan. -- weakened the yuan. anna: janet yellen gives a much-anticipated congressional testimony and is likely to be quizzed on how the fiscal policies of incoming president onald trump could affect the [inaudible] for rate increases. big moves in financial markets since the election merit toching but it is too soon evaluate the outcome.

the shanghai composite state games lately. speculatiothat opec members may not agree of production cuts. oil down almost 2% trading at $46.20 a barrel. nicole: the train your treasury yield 2.33% today. lauren: president-elect donald trump on me but that romney and president bob corker. -- senator bob corker. nicole: the att service aimed at cord cutters. trigger aaron rodgers and green bay packers clipped the wings -- their playoff hopes. we will have the highlights from monday night football. good morning, everybody. tuesday, november 29th. we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: the plane carrying a brazilian soccer team to the international airport in medellin has crashed. 81 passengers and crew on board the charter aircraft when it went down in an area last night after declaring an emergency. police now say there were only five survivors. heavy rain complicated their search efforts. the soccer team was due to play an original soccer tournament that scheduled for tomorrow.

shanghai, down 18% year on year.nsaction boeings were smaller cities down 50%. ,e know that policy makers particularly top-tier cities, using curbs to deflate bubbles. approach this with incentive measures, and this appears to have had some effect. the sales more humans data feeding into that picture. it is a difficult balancing act. going for this goldilocks balance. atng forward, we will look how these reductions feet into price drops and what it might mean for developers investing in properties. mild pickup and that, so those are things we are watching going forward, but sales boy aims a positive picture for policymakers here so far. haidi: we have also seen hong kong influencing property there. thesech of a role have buyers had in pushing up prices? it is one reason why since 2012 that the authorities have struggled to put a cap on prices in hong kong. you have seen a flow of money from the mainland as mainland buyers hedge against a weaker yuan. the decision to raise stamp duty to 15% is very much likely to put

the shanghai composite index in china at the quarter 1%. japan's nikkei up 1.6%. also gaining three quarters of 1%. lauren: stocks opening higher and still trading to the upside. check out the cac in paris. the ftse in london in 1.4%. nicole: up about 4.5%. watch financials today. the s&p 500 looking to snap nine days of selling. that's up about 30 points of 1.5% and the nasdaq up 77-point right now. lauren: oil is higher by 1.5% to $44.75 a barrel. gold back its 20 bucks right now. nicole: that's the insurgency so now they pull it off from gold to the investigation to volkswagen emission emissions scandalous reaching the top of the company. german prosecutors now having the chairman of supervisory board. the investigators allege the companies management cap the company shareholders in the dark about the u.s. diesel investigation and the financial risks as well. volkswagen says it is cooperating with investigators. lauren: a smaller bonus check once again this year. the watch report says the year-end awards they are expected to be around 5% to 10% smaller than las

the shanghai composite down a 10th of 1%.% overnight on renewed hopes of an opec production cut. oil 4445 a barrel. lauren: also tracking rising bond yields as bond investors expect a shame at donald trump's economic policies will push inflation higher. the other in the 10 year treasury at 2.19%. nicole: facebook and google want to ban takes this from their website. lauren: or tries to get millennial synods the subcompact eco-sport. nicole: a thrilling comeback victory for the new york giants of the cincinnati bengals. all the highlights for you. lauren: 5:31 a.m. in new york. tuesday, 15th of november. we welcome you to "fbn:am," your first look at morning markets and breaking news. nicole: former new york city mayor rudy giuliani emerges as a candidate to be the next secretary of state. senior official president-elect trump says there is no competition for the job. giuliani said defeating a fifth would be an early focus of the trump administration. >> i says short-term is our greatest danger. and not because of iraq and syr

the shanghai composite down fractionally.ocusing more on the possible opec output cut. right now no pulling back just slightly. 4545 a barrel down 36 cents. lauren: the yield continues to rise now at 2.26%. nicole: snapshot parent snap files for ipo and could value the company $25 billion. lauren: the cleveland cavaliers bounced back to beat the toronto raptors at the last second shot. this over the top-seeded duke blue devils. we will show you the highlights. nicole: 5:31 a.m. in new york. wednesday, november 16th. we welcome you to "fbn:am," their first look at today's markets in the latest breaking news. lauren: everyone is guessing who will president-elect donald trump lead the nation. he posted this tree. very organized process taking place as taking place as i decide on candidate in many other positions. i'm the only one who knows who the finalists are. this is vice president-elect mike pence science documents that officially put him in charge of the transition team. he reportedly ordered the removal of all lobbyists fr

the shanghai composite falling 1%. nicole: we're watching the european banks today as the stress test at the royal bank of scotland will fill the stress test. they talked about a few of these banks that passed including hsbc, nationwide. they looked at that and said the banks are struggling. the cac at the quarter of 1%. lauren: the final day of november. and also month for the stock market. talking about a 5.5% gain for the dow in almost 4% gains for nasdaq and s&p 500. we should end the month on the month on a plus.if you look at features. dow futures of 12, s&p futures upon coming nasdaq data point this morning. of course we're watching oil prices. nicole: opec is made via nasa speed at 4.5% of two bucks. old is pulling back 1 dollar at 1189 victory at. you can play games with your contacts. facebook update its messenger to put a new feature that includes classics, pac-man and space invaders as well as the newer titles like words with friends. this is the latest effort by the world's biggest social number to get eve

you can see the shanghai composite in china each getting half of 1%. on two tenths of one first. snapping seven-day set up arrows to 1% monday. nicole: turn into the downside, technology, financials under pressure. down a quarter of 1%. the german dax down a half of 1%. trade through a record run for u.s. stocks closed of records in putting 2000. the very low volume. the nasdaq, the latest in six years. the nasdaq and s&p futures and explains. true to oil and gold turning to the downside for weeks on to. toilet 5 cents to 46-13. >> this is how the dollar is faring against key current is around the world. the u.k. pound versus the dollar but the canadian dollar, mexican peso and yen versus dollar today. a 52 week record with 2.32% tied to mortgages. we also have a second meeting on third-quarter gdp tomorrow and friday the all-important jobs report. those of the two things we are watching. transfer the jobs report comes on friday when the u.s. labor department says addicts x 180,000 jobs to have been added in november up from 160,000 in october. unemplo

shanghai composite in china of three quarters of 1%.outh korea down half of 1%. the president there, could be an accomplice in a corruption scandal. more protests were to step down. nicole: also watching euro. all three of the major averages are higher. london sociopathy% as is the cac and the german dax up almost half a percent. in germany chancellor angela merkel seeking a fourth term and nicholas sarkozy out as republican presidential the republican presidential race. and he actuay took the first thought. >> european markets doing better let's see if that's influencing u.s. market activity. dow futures at 16-point s&p futures up five. nasdaq futures added 12. nicole: oil and gold here. boil a higher rate now with 4636 training to the upside. hopes of production cuts in the iran oil minister saying it's likely we do have a meeting at the end of the month november 30th in vienna. gold is up six bags at 1214 at troy ounce. lauren: commodities up as the dollar takes a prepared. u.k. pound with the mexican peso and the yen in japan this m

the nikkei average soared 7% or thus check out the shanghai composite index. lauren: crude oil prices rising three days in a row. nicole: earnings season may be winding down, kohl's, macy's, nordstrom's altar report the latest results. lauren: cord cutters have espn affected disney earnings. they are out after the closing bell. nicole: in sports at his career versus curry. seth curry playing for the dallas mavericks. we have the highlights. lauren: 5:01 a.m. in new york. your first look at today's markets in the latest breaking news. nicole: president-elect donald trump to meet with resident apartment this morning. president obama sincere about fulfilling its responsibility to ensure a smooth transition of power. >> president obama has experienced firsthand how a president benefit from the incumbent president devoting time and energy necessary to help an incumbent president cannot do it a running start. president obama is genuinely rooting for president-elect nicole: succeed in a night in the country. trying to the team includes how the trump administration ca

nikkei up .3% and shanghai composite almost 1%.on by the end of today. right now oil higher one and a half percent. 48.931-barrel.amazon streaming g events. we will have the story to you. in sports the nfl heads to mÉxico where the oakland raiders rally to top the houston texans but not without some controversy from the fans. we will explain. >> muy bien. tuesday november 22nd, thanksgiving week. welcome to fbn:am, first look at what's moving no today's market and latest breaking news. nicole: driver of a school bus involved in a deadly crash yesterday in chattanooga, tennessee is under arrest. at least five students were killed. after the bus, the only vehicle involved struck a tree, 24 hours before the kids and families started thanks giving break. police say nearly two dozen other children were injured and taken to local hospitals. invest of the driver continues. >> walker is being charged with five counts of vehicular homicide and reckless endangerment and reckless driving to begin with. there may be more charges added as proce

the shanghai composite of one 10th of 1%.only downer is the hong kong hang seng down one 10th of 1%. >> europe following in the hang seng direction because they've mostly downer is right now. the cac down slightly. the dax down 42.4%. the ftse 100 is doing better. we did get a measure of retail sales in the u.k. better than expected last night -- last month. >> u.s. stock market futures have gone back and forth. seven days of gains, four consecutive closing records. .futures of four, s&p futures up one. janet yellen our chair as well as an earnings. lauren: and a pair of up 8 cents. 4565 a barrel. >> as i noted, the federal reserve chair is going to testify to economic committee which will be listening very closely for any clues on what interest rates are headed next month. lawmakers may question yelling about the hearings at 10:00 a.m. eastern time. >> two heavyweight investor sharon not to donald trump elected president. tell them liz claman on countdown to the closing bell that a chump administration will damage the u.s. e

so now stanford in shanghai, china. >> a nice turn out for soccer. cal versus stanford. a one nothing lead. look at cal. then he deflects it in. it ties the game at one. then the first overtime. a couple of headers. right into the net. that's foster. 12th goal of the season. he takes off his shirt as stanford beats cal 2 saw one. >> -- two - one. >>> we have more live pictures of the situation in san francisco. antitrump protestors are marching down market street. they have reached the ferry building at the height of the commute. that's going to cause some issues. more live coverage coming up on the seven on ktvu fox news plus. >> we have more coming up on ktvu news after the break i'm at higher risktwice as likfor depression.troke. i'm 26% more likely to develop an irregular heartbeat. i have a 65% higher chance of developing diabetes. no matter who we are, these diseases can be managed or prevented when caught early on. because with better research, the right medicine, and with doctors who help keep me healthy to begin with, we will thrive. what you doing? you said cle

the shanghai composite index down 4.25%. oil is a big mover in recent days that holding steady around $40 a barrel. right now it's up .4%,. as a yield to pull back a little bit probably around 2.3, 2.29, there you go. facebook creates a controversial censorship tool that may give access to china but compromising on its core mission of making the world more open. >> do not click on that video if you have an iphone. we will tell you about the latest bug is hitting the apple devices. >> a major upset in college hoops as the number five indiana hoosiers go down. we will have all the highlights for you. >> is 5:01 a.m. here in new york. we welcome you. today's markets the latest breaking news. president-elect donald trump arrives in florida for thanksgiving where he will spend the holiday with his family at mar-a-lago residence in palm beach the trump continues to work on putting together his cabinet and sources say the president-elect is leaning towards massachusetts governor to be a secretary of state. this schedule pick has ra

right, let's get over to the market open for hong kong , shenzhen, and shanghai.quick look at the offshore renminbi. not the biggest adjustment. that is the level right now, consolidating, as with most currencies. shanghai, hong kong, have a look at the open. yesterday, every single stock was lower. have a look, top three and bottom three. unicom, nice bit, 1%. .3 percent,n philippine seeing declines after the vegas out lows of foreign money going back to mid september. bit,s recovered a little still be ind correction territory, 10% down from the pink -- peak. hong kong, earnings coming macau down 3%, long story short, sales miss testaments. the new property also missing estimates. deutsche bank coming out with an initial figure of $200 million for the three months. the actual figure came in at 164 million, so falling short. hong kong exchanges, big drop in net income, 44% drop in equity turnover in the first nine months of this year. a drop on commodities revenue because of an 11% drop. out with earnings, second, watching a few things there. a restructuring plan

eunice yoon reporting from shangh shanghai.e will speak with the ceo of yum china, micky pant, who is also there, with the stock up almost 2% here in the early action. >>> when we come back, obamacare open enrollment kicking off this. premium increases and insurer exits. we'll break it down. take another look at where stocks are trading at this hour. again, it's been hard to break out of this midteen range, at least in the first horizon or t -- first hour or two of trading. we'll be back, including our interview of yum china ceo micky pant. don't go away. this is my retirement. retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. i'm in vests and as a vested investor in vests i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. want a great way to help our children thrive? then be sure to vote yes on proposition 55. prop 55

i look at the open, shanghai flat, hang seng .3% lower.0g for a for philippine stocks, 10 days in a row of declines. 22,611, the level for the hang seng index. that is a 6% drop from the peak. chart withsame exact the moving average. the next stop seems to be the 100 day moving average. we blew past the 50 day a week back. there we go. so very close to the 100 day moving average there. let me wrap things up with a look at the commodity market in shanghai. metal prices on the way of. everything from iron ore, soper, gold as well, speculate we do not, but prices pushing higher. 932 a.m. in hong kong, 10:32 a.m. in seoul, korea, and now does the scene at the moment. the south korean president is addressing the country over the scandal that has an gripping the public in the past week. park was considering making another apology in this address that started a minute ago. expressing her willingness to allow prosecutors to investigate her. we have a gallup career poll published friday showing public support for her nosediving. it was 17% before t

the market open in hong kong and shanghai. ♪ this is "bloomberg markets: asia."aad salamat. hong kong and shanghai about to go online. we are seeing a pullback taking place. hand withing hand in opinion polls in the u.s. showing donald trump is drawing level with hillary clinton. some strength in the yen having a negative impact when it comes to equities which are export related in tokyo. nikkei 225 and the topix at the forefront of driving those losses. so far, we have seen that spillover affect with the rising political anxiety taking hold. been an extraordinary campaign, but look at how this is playing out in asia. not a lot of conviction, traders saying there is not conviction to build up positions, particularly japan. the stronger yen is one factor, but we have a public holiday tomorrow, then we have the nonfarm payrolls and the fomc meeting. we have that the boj refraining from adding to further's endless number but not tapering -- further stimulus, but not tapering either. some losses across financials, almost every single sector when it comes to japan. lo

ambitious project we ever embarked on was building disneyland and shanghai. proud to say that after four months of operation, 4 million people visited the park and they are loving what they have experienced and the prospects for that park in the most populous country in the world are really bright. as we moved to 17, we feel great about will be accomplished and 16. there is momentum and most of our businesses. we have a couple of headwinds as it relates to comparability factors like the cost of the new forbnba contractor espn and the fact that we do not have a new "star wars" saga film. we talked about the fact that 17 is an anomaly and a lower growth year than we have experienced since 2013, for instance. david: the media networks have gotten a lot of attention, frankly in part because it is so successful and so large, but there are questions about the subscriber level for espn and the reduction in subscribers. can you bring us up to speed? at what rate are you losing subscribers and is that continuing? bob: we have been wives i open -- i'd lie open on what

the shanghai composite index up three quarters of 1%.me up at quarter of 1%. when i say jitters i mean everybody's watching the u.s. election. >> stocks arrived. ftse 100 in london gaining 22-point today. there is a bank of england decision on race in policy. governor mark carney's first meeting since he is stepping down in 20 night in. dax in germany at five. nicole: we've been feeding downer is that today the dow futures screens that did not arrow. s&p looking down a half of one point. worth noting would be done in eight days in a row. we haven't seen that since the height of the financial crisis. nasdaq futures down 12. lauren: at oil rebounded a bit today. last week we got a report showing the biggest guild in crude stockpiles on record. et al. today at 20 cents. gold down $13 under 1300 triads. nicole: the 20 cents really pales. there's more fallout from bank accounts scandal at wells fargo. "the wall street journal" says the securities and exchange commission investigates whether the bank violated rules from disclosures and matters

cheryll nauss, mom "she and i shanghai on tuesday so the next time the mom and daughter will get to see each other will be next holiday season. reporting from kohls gina lazara 13 action news we were there -- a henderson -- opened their doors -- to hundreds of thanksgiving shoppers. we spoke to one man -- who camped out -- in front of the store --for 36 hours -- so he could be the first in line. 03:09:52:21- 03:09:56:20 after all this wait... and finished with so -- what was he dying -- to get his hands on? a 450-dollar -- cannon camera for his brother for christmas-- and a 4-k -- h-d tv for himself. being cooked... j-c penney was already opening their doors for shoppers who couldn't wait. they opened at 3 -p-m to a long line of people looking for a deal-- but there were no stampedes to be found 16:48:03:14-16:48:10:14 excellent deals, people courtesous... it's too early for that some of this year's most wanted items included... a keeurig 2-point-oh brewer for only 89 dollars and women's boots for only 20 bucks. . if you think fighting traffic t --try flying thousands of miles. more and

yeah, i think the obvious area for us is china, shanghai.r in china. we have not done a joint venture there. we have the first wholly-owned enterprise in china, so a big focus over the next few years will be pitching are flagged there in shanghai, moving more because it is such a vast market, you can't ignore china. got back from saudi arabia last week, when you look at the saudi story and the desire to bring in inward investment, what kind of discussions have you said there. give me your impression. arabia is aaudi great economy. i think they are struggling with the lower oil price and the cost of running the country, but they are doing all the right things. they are trying to get that budget deficit down, and as you say, become more self-sufficient in inward investment. saudi aramco is going to be a very big deal when it comes, but the obvious successor is dominated by the sovereign wealth funds, and to a certain extent there are clients down here. one of the reasons we have opened here is too broad and a client base in deeper into the var

shanghai composite down a half a percent.ng on prices right now. down 15 cents. nicole: yield on 10-year treasury bond. let's check that out. that i have been continue to go rise pushing mortgages back near 4% mark. lauren: amazon gets ready for a massive global rollout of streaming video service. that's taking direct aim at arch rival netflix. nicole: panthers with rally not before a key players of the panthers walks off the field in tears, carts off the field. he certainly couldn't walk. all the highlights for you. lauren: 45:32 in new york. welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. nicole: major job cuts in having volkswagen after spending billions in fines and restitution in the omissions scandal. company wants to increase productivity of german factories by 25% and speed up shift to electric and self-driving cars. lauren: breaking news this morning president elect donald trump reportedly has offered the job of national security adviser to michael flynn, the reti

a good rally coming through on the shanghai market.eing political pressures weigh on the overall copy. also a weak finish in australia, closing down. new zealand fluctuated throughout the day close in the red. you're still sing a little bit of weakness coming through in jakarta. we are live from london at the top of the hour. ♪ welcome back to "the best of bloomberg tech." follow-up from the election of donald trump continues to ripple through the tech world, especially when it comes to social media companies. this week, twitter announced it suspended the account of a prominent white supremacist. among them, richard spencer, who spearheaded the alt right movement. rolled out ways for users to filter out con-- filter out content. meantime, facebook continues to come under fire for allowing they can news it to spread in the run-up to the election. mark zuckerberg has dismissed those claims. we caught up with the cofounder of aspect ventures and sarah frier. >> twitter in the run-up to the election has understood that there has been a dra

shanghai up by 3/10 of 1%. also weighingess on tokyo stocks. ♪ emily: i'm emily chang and this is "bloomberg technology." coming up, cisco shares sliding after the company forecasts a text in a slowdown on the horizon. the full earnings report ahead. plus, twitter suspends the accounts of prominent white supremacists as it attempts to curb abuse and harassment. and a short seller says tesla shareholders should quote, have their heads examined if they approve the pending deal. his full comments ahead. first, to our lead. fallout from the election of donald trump continues to ripple through the tech world, especially when it comes to social media companies. twitter says it suspended the accounts of prominent white supremacists, among them, richard spencer, often credited for spearheading the so-called alt right movement that supported president-elect trump. twitter also added tools this week to help users better filter out of use. in a statement, the company says, because twitter happens in public and in real tim

the hang hi shanghai the best. fixed traders having an overnight session and there's actually been some selling of bojds pushing yields up to 189 which is an interesting phenomena, wilford. usually you see the buying and selling of stocks and bonds. >> it really has pegged back. >> we've really come back here. 189, something to watch. and oil prices, they're down a little more than a percent. wti is off 1%. 45.70 gasoline prices down a tenth of a parade. the safe haven gold trade which spiked on the election results is off of session highs. still trading stronger. it's a weaker dollar against some of them. the emerging markets' are taking it on the chin. there's gold up 2% right now. >> when you look at the euro pooen people trarksd that coming off gains of monday and tuesday. will that happen with u.s. secretaries when they open? they're down 2% or so in the futures market. might it pick up? >> from toronto, david rosenberg, chief strategist, thank you for calling in. >> pleasure. >> why do you think the market ha

for "nightly business report," i'm eunicion in shanghai. >>> we begin tonight's market focus.he nation's largest drug maker and costs associated with discontinuing a trial for a cholesterol treatment. the company reported lower profit for the quarter that missed estimates by a penny. revenue did see an increase, though. shares ended the day down 2% at 31.07. >>> an increase in crop exports at archer daniels mid land. the agricultural company expects that export momentum to continue into the next year, meeting a rosie outlook for profit margins. shares soared 7% to $46.75. >>> and gannett which owns "usa today" is ending acquisition talks with the media company tronk, because terms of the deal were not acceptable. tronk is formerly known as tribune. according to bloomberg, gannett reported issues funding the nearly $700 million transaction. tronk shares plummeted 12% to 10.54. gannett off to 7.59. >>> valiant is making a push to sell its stomach drug division to japan-based takeda. the deal could be reached in the coming weeks. the report also added another bidder may be involv

the market open here in hong kong and shanghai. zealand's island hit by powerful earthquakes following an initial 7.5 magnitude tremor that killed two people and cut into the main transport route, state highway one. let's get over to our wellington bureau chief. what is the latest and the situation now? well, we have not had an increase in the death toll thankfully. damage reports coming in from around the country, some very big aftershocks, the most recent 16.3, rocking us here in wellington. some areas cut off by landslides onto roads, and the wellington bd closed, parts of the cities are cordoned off as inspectors inspect buildings. markets are open, strangely enough, but let's get a sense of what it was like. what was this quake like? >> it shook us awake just after midnight and just kept getting worse and worse. you get used to the odd earthquake in new zealand. it sits on the ring of fire, some not unusual to see it shake, but this one got progressively worse and then really kicked in and shook our house violently. we are in

we set up our wholly owned into prices in shanghai and started auctioning shanghai three years ago.ce. we see big potential for us in the future and china is very promising. >> another auctioneer betting on asian interest is phyllis, staging its inaugural 20th century and contemporary art sale in hong kong. the chairman and ceo told us how collective habits are changing. fast evolution in asia's collecting habits over the last five years, really, so that initially, there was a huge focus on contemporary art out of seeking investment opportunities and building collections in that area, but they have come increasingly interested, in great iconic works of international artists that represent the moment we are in. >> and that is the word from asia. >> perfect time to get your christmas shopping done. also coming up, how what investment firm sees opportunities emerging in this post election environment. more from lgt capital partners next. this is bloomberg. ♪ >> welcome back. this is bloomberg markets asia. latestick check of the headlines. vietnamese brewers share press new a quadrupli

heather slaughter moved to shanghai four years ago to teach english. her mother, cheryl nauss, still lives in las vegas and is battling a disease that makes her become progressively more blind every day. heather only makes it home once a year ----- yesterday they celebrated "thanksmas"......thanksgiving and christmas combined. cheryll nauss, mom "i'm really proud of her. i've taught my daughter she needs to spread her wings and not worry about me. i'll be fine" heather goes back to shanghai today we're kicking off our 13 days of giving campaign! and we need your help to collect toys for kids who otherwise wouldn't have much this holiday season. yasmeen hassan is live at the nevada highway patrol southern command right now--- with more on how you can help. breaking just now -- one wrongway crash involving a greyhound bush on interstate 10 near phoenix. police say a wrong way driver hit a greyhound bus early this morning. eastbound lanes are still closed on loop 303. a total of 34 passengers were on the bus when it was hit. it is not yet clear what cause