this is shanghai's international finance centre.nutes, 45 seconds. he had some company along the way. here he is crossing the finish line after running up nearly 1500 steps. the boston red sox are leading 5—4 at the top of the fifth inning in the second game of the american meat championships in america —— major—league ace paul. houston won the first game. hello there, good morning. the last 2a hours has seen the number of flood warnings reducing as the wettest of the weather moved its way a little bit further east. gradually, everything will come in from the atlantic over the next few days. this band of cloud working its way towards our shores by tuesday. that area of cloud contains a bit of ex—hurricane michael. that's going to slip its way into iberia. that's where we're feeding up all our cloud and outbreaks of rain at the moment, so more of that coming back into england and perhaps into wales as well, a cold start for scotland and northern ireland. cold skies developing here with a few showers in the north—west. this area of ra

another seed was sent packing from shanghai.s of cilic and dominic thiem missing out, the path to london could be left open to players like kyle edmund, the british world number 1a beat villa pranjic in straight sets. after reaching the semifinals. he is on atjust the right time. 33—year—old debutant bilal asif helped pakistan take a massive lead of 325 into the fourth day of the first test against australia in dubai. they'll resume their second innings on a5 for three after australia collapsed to be all out for 202 on tuesday. they were going along nicely at 1a2 without loss, in reply to pakistan's first innings of a82. 0peners usman khawaja and aaron finch reached half centuries but only two other batsmen made double figures. hasif took 6—36 while pakistan chose not to enforce the follow on and despite losing three wickets they're in a strong position with two days remaining. iam not i am not feeling well. they cannot bowl well. so it makes him an support me and they gave me too much confidence that you can do it. that is it.

it is not having things all his own weight in shanghai.atch in a set all. as is so often the case, the 20 time grandslam champion usually phones away. and thursday was no different in china. sometimes all you can do is lie back and watch the master at work. the defending champion through, i'd far from convincing. he will have two seriously up his game when he takes on kei nishikori next. the world number 12 only needed two set to battle past sam crary and reach the quarters. roger federer may be the world number two, but novak djokovic is hot on his heels, with three titles already in shanghai he knows this court better than most, and it showed against marco chegin oher. the italian was the man who knocked djokovic out of the french open earlier this year. the world number three certainly got his revenge. straight sets, 6—0 in the second. with so much of the attention focused on novak djokovic and roger federer, it can be easy to forget about the young talent coming through. australian teenager alex de minaur is one of the new breed, but a

this is shanghai the historic hold on the yangtze river china's greatest city. and arranged to meet the american author james bradley whose latest bestselling book the china mirage reveals an extraordinary hidden history of american power and martin china it was almost illegal for someone like me to know a chinese for almost all of american history the chinese came to america to mine gold and build the railroads and americans decided we didn't like the competition so in one thousand nine hundred two we had the chinese exclusion act which kept the chaney's out of the united states for about one hundred years so you have the largest population in the world that can come to the united states so it just the point we're putting up the statue of liberty saying we welcome everybody we were wrecked in a wall saying we welcome everybody except those cheney's. fear of a rising china today is the latest chapter in the history of propaganda but president of the chinese as uncouth and infant teil. to western popular and political culture the chinese became the yellow peril.

that combination is plenty in shanghai in these conditionsm that combination is plenty in shanghai inexpect it. i came here to china and lost the first round twice and i was not feeling well coming into this tournament and my leg was also saw. idid not tournament and my leg was also saw. i did not know what to expect but todayis i did not know what to expect but today is one of the best matches of my whole life. this keeps alive the chance for borna coric to reach the season—ending finals, and in his way is novak djokovic after another display of power and poise against zverev. djokovic made his opponent play shots he did not want to on his way to taking the first set and the second set was more of the same, zverev on the defensive, until he was put out of his misery by the 11; time grand slam winner and the decisive moment came after 59 minutes. the score reflecting how straightforward it was for the serbian star. england have beaten sri lanka in the second day one international of their series. the first match was abandoned because of rain and the weather again played its part as ca

the shanghai lost about 3% it's at a four-year low.lped drag down the japan nikkei, the hang seng, the korean kospi asia has been whimpering the last couple of weeks joining us now is the co-founder of the spoke investment group, paul hickey. a guy we appreciate getting up at this fine hour. >> it's late, isn't it >> day is half over already. how closely do you guys watch china? does china matter to our viewers who may just be invested in the fang stoc f.a.n.g. stocks or the s&p 500 >> many of the headlines coming out of china have not had an impact on the u.s. markets i think there's short-term headline risk, but as far as things are concerned for the u.s., i think it's more of a distraction than a big impact on what's going on. >> you think that is the biggest macro question of all. there's a few out there. the brexit question, the italy question, the china question how much these things will matter to the u.s. market or can we remain our own continent? >> we can't be fully insulated as investors we can focus on domestic oriented are

shocks aplenty in shanghai. stan wawrinka is out on day two. the nominations are revealed for this year's ballon d'or. world cup winner antoine greizmann is on the list. major league baseball to start with. the houston astros are through to the american league championship series. game three of american league division series was ended 11—3 to the astros, as the cleveland indians 11—3 failed to take advantage of their early lead. the astros are flying right now, they landed in cleveland to games up and on top. but the indians still had great hopes and this is sacrificed flight meant that the indians were one up. but the lead in hoped didn't last long. this george springer, solo homer getting the defending world series champions back level. and with the scores to a piece, marvin gonzalez hit eight to run double to give the astros a 4—2 leader. the home fans of silence and houston back on top. —— home fans silenced. from there, the astros piled on the paint. george springer was back and hit another solo home run. this is ridiculous! carlos correi

compare that to shanghai composite it is down 25% so far this year. we have a lot of canaries and comb mines, that may be one of them a crucial report from gdp is coming tonight is chinaing a sell rating and what impact ulwod that have on u.s. markets that and more coming up as we continue with "power lunch." them highest in investor satisfaction with full service brokerage firms...again. and online equity trades are only $4.95... i mean you can't have low cost and be full service. it's impossible. it's like having your cake and eating it too. ask your broker if they offer award-winning full service and low costs. how am i going to explain this? if you don't like their answer, ask again at schwab. schwab, a modern approach to wealth management. because when you want to create an entirely new feeling, the difference between excellence and mastery, is all the difference in the world. introducing the all-new lexus es. a product of mastery. experience amazing at your lexus dealer. a product of mastery. so what else is new? humm..she's doing good. she need

this is shanghai this story short on the yangtze river china's greatest city. i arranged to meet the american author james bradley whose latest bestselling book the china mirage reveals an extraordinary hidden history of american power and modern china. it was almost illegal for someone like me to know a chinese for almost all of american history the chinese came to america to mine gold and build the railroads and americans decided we didn't like the competition so in one thousand nine hundred two we had the chinese exclusion act which kept the chaney's out of the united states for about one hundred years so you have the largest population in the world that can come to the united states so at just the point we're putting up the statue of liberty saying we welcome everybody we were wrecked in a wall saying we welcome everybody except those cheney's. fear of a rising china today is the latest chapter in the history of propaganda but present to the chinese as uncouth and infant teil. to western popular and political culture the chinese became the yellow peril. and

world number two roger federer survives a scare as he gets his shanghai masters title defence underway. and shane warne tells us that test cricket will be around as long as its star attractions are playing. hello and welcome to the programme, where we start with the news that four—time olympic gold medallist simone biles has told the bbc she feels empowered after speaking out about the team doctor who abused her and other young gymnasts. speaking ahead of the world championships in doha, the american gymnast says she hopes sharing her story will encourage other people to tell theirs too. our sports correspondent natalie pirks went to her hometown in texas to meet her. the final move of her olympic championships... in 2016, in the heat of rio, simone biles set the sporting world ablaze. how does she do it? five olympic medals was her award, four of them gold. now eve ryo ne award, four of them gold. now everyone knew her name. but what goes up must everyone knew her name. but what goes up must come everyone knew her name. but what goes up must come down. when she returned here, to her h

novak djokovic has cruised to victory in the shanghai masters for a fourth time. the serbian beat borna coric 6—3, 6—4, and is now in a race with rafael nadal to end the year as world number one. stay with us. tops to the eu's chief negotiator michel barnier says key issues remain unresolved after an unscheduled trip to brussels for more talk is. —— talks. now on bbc news, live to singapore for asia business report. with rising oil prices and the trade war infull swing, with rising oil prices and the trade war in full swing, is inflation rising around the world? we have got a slew of economic reports this week in the us to china that will give us some clues. and asia produces 90% of the world's rice. we look at how climate change is disrupting production of this asian food staple. hello and welcome to this monday edition of asia business report, and sharanjit leyl. edition of asia business report, and shara njit leyl. it edition of asia business report, and sharanjit leyl. it is a brand—new week and inflation seems to be the big theme for investors and central ban

rishaad: everything seems to be going down, shanghai to bring makers, other liquor the glass being half empty continues. industrial have the production numbers over the weekend which wasn't enough to of ly give any kind optimism. that started slowing growth, key thing . and the to watch here to watch this atk, midweek, we take a look how we are faring when it comes to overall broad sentiment, a picture, the 300 is the one to watch here this morning. we are seeing the large caps 1 1/2%. we did get that, some clues from government about what they are going to do to boost some here whether it's the share byebacks, changing rules regarding that. actually some pretty significant things to watch and how things could actually turn around. quities, we're not seeing a clear picture of what is really going on, we are losing a little here with the likes. nikkei. is strong,ian market and singapore .6 of 1%. coming up a little bit picking up by a third of 1% at open. what we have been seeing, not really a clear story as well. likes of the the rupee also falling out of favor today. when it comes to t

shanghai,low is the the white is the nasdaq.erns me is it looks like the last leg up in the nasdaq was fueled by refugees from the shanghai. abigail: so money flows. >> money flows. there is a question of wisdom leaving a market that is finally getting undervalues toe market that is probably wildly expensive. nevertheless, one has to be shanghai that if the stops going down, what might be available in the next leg up in the nasdaq? abigail: it is interesting that in october we have the shanghai and the nasdaq going lower. guests whoother charted futures makes the point of how much exposure the nasdaq has to china in terms of not just the edr but also the technology companies. could you see a case where both of those will go lower? walter: absolutely. if the shanghai breaks 2540, down to 1480, i'm wondering whether the nasdaq and even make a new high at that point. abigail: it looks like that could be a bear pendant -- pennant. speaking of oil. you have a great chart of oil. brent. this is what concerns me is not only this ugly,

overnight the -- here's the news, the chinese economy slowed the fastest in a decade, the shanghai risinghang seng up as well nikkei fell. european markets in the red. italy, weak link down 1.2%. france, cac 40 down three quarters of a percent. you're watching "worldwide exchange" on cnbc, so as the name says, we are all over the latest global market action. our team of reporters and anchors are fanned out across the globe. willem marx is in brussels, but let's begin with the slowdown in china. eunice yoon is live in beijing with more on that. >> thank you very much china's economy is growing at its slowest pace since the global financial crisis. q3 gdp missed expectations, but it did put the economy on track to meet its full-year growth target these numbers were anticipated because it's the first time when investors and economists could get a sense as to whether or not the u.s./china trade war is having an impact on the chinese economy. there's some evidence to suggest it's starting. exports for the september quarter were surprisingly strong, but the industrial production has been slowin

shocks aplenty in shanghai. stan wawrinka is out on day two. the nominations are revealed for this year's ballon d'or. world cup winner antoine greizmann is on the list. major league baseball to start with. the houston astros are through to the american league championship series. game three of american league division series was ended ii—3 to the astros, as the cleveland indians ii—3 failed to take advantage of their early lead.

shocks aplenty in shanghai. stan wawrinka is out on day two. the nominations are revealed for this year's ballon d'or. world cup winner antoine greizmann is on the list. major league baseball to start with. the houston astros are through to the american league championship series. game three of american league division series was ended 11—3 to the astros, as the cleveland indians 11—3 failed to take advantage of their early lead. the astros are flying right now, they landed in cleveland to games up and on top. but the indians still had great hopes and this is sacrificed flight meant that the

china and the united states are now in contact with each other the shanghai composite ended the trading session higher on those measures unveiled by beijing to stimulate china's economy and the market that eased investor concern here touchstone said cline slow down will have a limited impact here on the u.s., but if the u.s. administration eventually puts 25% tariff on all chinese exports, the impact could be much worse >>> it has been a tale of the three indices this week with the dow high are, nasdaq lower, s&p in the middle. could next week's earnings and there's a lot of them be the cat

in hong kong shanghai thai ad to taiwan taipei and up till now north korea. we've been dar range missile. this is the work of the one sculptor germany were. it's a tribute to the suffering and resistance of the people of this island. u.s. citizens obstructed from saving their families as the crisis in yemen worsens some have fled the horror of war only to be entangled in bureaucratic limbo with their lives and dreams of a future court on call. phone lines explores the old to the real effects of trumps immigration policies. between war on the. on of. history is so often told through the eyes of leaders but in amritsar india just thirty kilometers from the border with pakistan this old building is being transformed into a new museum malika a wall here is the driving force behind sars partition museum it's really shocking because if you think about the fact that within a few years of nine eleven happening and nine eleven museum was there and they are now numerous holocaust museum this is not beautiful apartheid museum so countries around the world have walked to

and there are shocks aplenty in the first round of the shanghai masters.ard to tuesday. they have it all to do in their first test match against pakistan. they resume 30 without loss on day three, just 452 runs behind. haris sohail was pakistan's star on monday, scoring his maiden test century. his 110 helped pakistan reach a82 before he eventually fell to nathan lyon. asad shafiq also had a great day at the crease, with 80. now, the aussie batsmen must do the same. novak djokovic gets his shanghai masters off and running againstjeremy chardy on tuesday. down and seemingly out not that long ago, he can now end the year as the world number one. he has already won wimbledon and the us open this season, and he is favourite for this. stefanos tsitsipas of greece has made his way through to the second round, with a three—set win over frenchman gael monfils. 12 months ago ranked i3ist in the world, the greek star won his first match on the atp tour in shanghai. now he is the world number 15, with an outside chance of qualifying for the tour finals in london next

we see the mixed picture in hong kong versus shanghai. we are floating by when it comes to the rest of the china markets. david: like a butterfly. they are getting some of these trade numbers coming out. actualnot getting the numbers, but let's recap some of them. exports, zero point -- 6.5 up. 14% up for imports. surplus, $1.44 trillion. that is about 6.9%. u.s.is about $200 billion so far. let's get immediate reaction. the ubs senior china economist is here. we do not have the complete numbers, but your sense of how the trade story has affected the numbers. guest: i think so far we have not seen any signs of weakness. i think half of that is because the tariffs are fully implemented. we also think there is some frontloading from late june, early july onward. factght have a flashing of come up from them rushing to get their orders in. q4, wetime we head into will see more weakness coming through, not only because of the because it is-- weakness, but because the frontloading has paid off. yvonne: what do you make of the lines we saw overn

thirty one year old fourth title in shanghai but more importantly it's his eighteenth in a row in what has been an amazing season so far. football and germany have some to defeat in the nations league losing three nil away to rivals the netherlands' in a week display vandyke opened the scoring after thirty minutes heading home from close range two late goals from the netherlands' then still deserved victory germany has now scored only four times in their last six games leaving coach off in nov and a further pressure to prove world cup. where you're watching news live from burning to stay tuned for more at the top of the hour and don't forget you can always get around the clock news and information by logging on top of sight didn't he dot com you can also find us on social media we are at data being expect a fortune. to come. to. school in. the first corner much of. doors granholm and her move join the regular train on her journey back to freedom. in our interactive documentary during the regular season returns home on the w. don't come to terms.

could move up to number two in the world rankings if he wins the shanghai title. and can issue korea also survived a scare before booking his base and round three the ac it came back from a set down to be chinese teenager being three six six love six weeks. one of the greatest olympians of all time is set to take a big step forward in his new career is some bold as to make his first start in professional football the eighth time lympics sprint gold medalist is on trial with all strain in a side central coast mariners and has previously appeared as a substitute bolt will play up front in a trial match on friday. coaches satisfy the fitness the putting the started on up on that's always a big step. so on the started out i didn't get a chance to go into it to start i'm just going to do my best caused us to keeping. this has appealed for thieves to return the tour de france trophy he won the for the first time this yet cooper on the sports it was stolen while being exhibited in the english city of birmingham his team had led the trophy to one of the sponsors who says

japan is closed today, but shanghai has reopened following a week—long holiday, and bore the brunt ofhe selling, as china's central bank takes steps to help lenders and boost the economy. the us secretary of state, mike pompeo, arrives in beijing on a mission to de—escalate tensions. his trip comes at a time of deep mistrust between the world's two largest economies. $250 billion of chinese goods, about half the total, are already subject to us tariffs in an escalating trade war. but president trump is threatening to slap import duties on everything china sells to the us. beijing, which accuses washington of protectionism and bullying, has so far retaliated with tariffs on $110 billion of us goods. it is running out of ammunition due to its trade surplus with the us, and may look at other ways of hitting back, such as throwing up fresh barriers to american businesses. the us measures are designed to punish china for what the trump administration says are unfair trade practices, such as intellectual property theft. those claims appear to be supported by a bloomberg report last friday c

it's all about novak djokovic, who's just cruised to victory in the shanghai masters.s watch that matchpoint. umpire: call stands. that impressive win gives the serbian player 18 straight victories and he's rapidly catching up with rafael nadal, in the race to end the year as world tennis number one. he's only the third player to win a masters 1000 event without dropping a serve. last three, four months have been terrific for me. you know, not many holes in the game in general, especially this week. everything worked perfectly. ithink especially this week. everything worked perfectly. i think this was definitely one of the best serving weeks i had, i think i only faced two, maybe three break points the entire week, didn't drop the serve the entire week. that hasn't happened too many times, don't know if it's ever happened, so i'm just very pleased with that part of my game and with the overall result. the winning streak continues. more on that win with novak djokovic later this hour in sport today. let's return to our top story. king salman of saudi arabia has spoken b

and he continued his strong form in shanghai on tuesday.nchmanjeremy chardy. djokovic taking the match in straight sets as he looks for a record fourth title in shanghai. game, set and match. it was one of the biggest fights in ufc history. conor mcgregor against khabib nermagomadov may have ended with ugly scenes, as the fighters both lost control after the bout, but nermagomadov — the eventual winner — was still greeted by thousands of cheering fans as he returned home to dagestan for the first time. the 30—year—old won by submission in the fourth round and now holds the longest undefeated streak in the mma with 27 wins. now you might have seen something like this before, but if you haven't, be prepared to be amazed. this is andri ragettli, a freestyle skiier, and this is how he trains apparently — or maybe this is just for fun. this is a video he posted on social media. just look at the skill and balance to overcome those obstacles. he does successfully make it to the end of the course. the skier won the season's first world cup in new z

the patrol could move up to number two in the world rankings if he wins the shanghai title. now one of the greatest olympians of all time is set to take a big step forward in his new career is on bolt is to make his first start in professional football the a time lympics print gold medalist is on trial with a strain in a league side central coast mariners and has previously appeared as a substitute bolt will play up a front in the trial match on friday. the coach is satisfied to the fitness of putting the starting line up that's always a big step. so on the socket i didn't get a chance to go into it to start i was going to do my best cause does a key thing. this guy thomas a has a peeled for thieves to return the tour de france trophy he won for the first time this year the cooper sports was stolen while being exhibited in the english city of birmingham his team had lent the trophy to one of the sponsors who say it was taken when left momentarily on attended. and that's it for me will have more later on. santa thank you very much indeed all the news of course on our website

in china, market is doing well in shanghai today, but it is so volatile right now. is it to do with the chinese government saying they will help out? it's all about that, yes. the chinese government giving a hint it is prepared to step in and support the economy. we have heard some talk of income tax adjustments for individuals, which would be a positive. but the chinese market has been really shocking this year. last year, fantastic growth. this year it has lost all of that, down more than 2596, in has lost all of that, down more than 25%, in bear market territory. on friday there was a big jump, and this morning and overnight there was another big jump, so the chinese market is up six or 7% in two days. and moving on to oil, the tensions with saudi arabia. the tendency is to think saudi arabia does well with high oil prices, but it isn't always the case. arguably, saudi arabia could be the biggest victim of a hike in prices if demand then falls. there is a lot of focus on the oil market, again for good reason because it's such an important commodity for the global

the british masters gets underway, and novak djokovic is in last—16 action at the shanghai masters.n around the world with a whole host of internationals. spain are looking to put their disappointing world cup behind them under new manager luis enrique. and, after thrashing croatia 6—0 last month, they are already looking like a new side. next up is a friendly on thursday against wales in cardiff. obviously a new manager, very impressive last month against both england and obviously scoring six goals against the world cup finalists, i mean, it is something special. so we in for a tough game, we know that, but it is also an exciting one, where it gives a chance the players to play against some of the best players in the world. golf's ryder cup may have been less than two weeks ago, but already some of the victorious european team are back in action for the british masters at walton heath. the event is hosted by world number two, justin rose, and his european teammate thorbjorn olesen says it has been a week to remember since lifting the famous trophy in paris. it was a nice week last

one year old serb breezed past his opponents six three six four it's djokovic his fourth title in shanghai another tough night for german football the national team slumped to defeat in the nation's league losing three nil to rivals the netherlands the defeat heaps further pressure on germany coach york in lieu of who was already under scrutiny after a disastrous world cup. virgil van dyke capitalized on port offending to give the netherlands a first half late leroy's sunday was thrown on in the second half but the young winger was unable to change germany's fortunes dragging a shot wide. to light goes from memphis to pa enjoyed genius by node and then sealed a deserved three nil victory for the dutch germany have now scored only four times in their last six games leaving coach yohimbe were under increasing pressure and the scum of the people can certainly be critical especially in the closing stages in the last ten minutes the players must take responsibility and not run around like headless chickens for. despite the dire display of germany's tony cross believes the team can put the defea

shanghai composite rose but then after that we started to see a sell—off.tinue to linger. i think it is also important to mention that while feeding all the red on the market boards, why it while it might make you nervous, stock markets around the world have had a good year, not merely on wall street where shares have risen quite significantly and of course president trump likes to boast about that. however here in asia as well. there is some profit—taking going on as well.“ asia as well. there is some profit-taking going on as well. y so much for now. —— thank you so much for now. the indian rupee has been the worst performing asian currency this year — and it's causing big problems for india's economy. earlier this month the rupee touched an all—time low of 7a against the dollar, and there are concerns that it could depreciate further — which has left policy—makers in india worried. the bbc‘s sameer hashmi starts his report from new york city. it has been two months since this man moved to new york city to pursue a masters degree at columbia university. i

coming up on this programme: three—time winner novak djokovic is into the last 16 of the shanghai mastersfirst test against pakistan with a 33—year—old debutant taking six wickets. and another major honour for brooks koepka, who's named the pga tour player of the year. hello there, and welcome to the programme, where we start with tennis news and we saw some of the big guns enter the fray at the shanghai masters on tuesday. the top seeds get byes into the second round, but perhaps dominic thiem and marin cilic needed a bit more time on court because they're out. but no worries for novak djokovic as the world number three is into the last 16 as austin halewood reports. since the middle of 2018, novak djokovic has been a player reborn, with

novak djokovic continued his masterful run of tennis as he beat croatian born of corage to win the shanghai master using a clever mix of ground strokes the thirty one year old breezed past his opponent six three six four it's djokovic his fourth title in shanghai. football and germany have slumped to defeat in the nation's league losing three nil away to rivals in the nothing lands in a week display joe fun dyke opened the scoring after thirty minutes heading home from close range two late goals from the netherlands' then sealed a deserved victory germany have now scored only four times in their last six games leaving coach. under further pressure of top four world cup. you're watching news live from berlin to stay tuned for more of the top of the hour thank you for watching. this state elections a very you are expected to deal further blow to german chancellor angela merkel's conservative power. six decades of neo one party rule by the various conservatives see as you expected to be broken shifting to the right. and the last.

the shanghai composite on track for the biggest gain. the back of four street weekly losses for china. china is still in a bear market. pop in the cost be and also -- kospi. let us move on to what we can expect when europe opens. italian stocks and bonds are the ones to watch. highs and 2014 on the white wine and the spread between the 10 year german and the highest and do see how it is playing out like in spain. we may get a rally and some say after moody's removed the immediate threat of a downgraded to junk, they took their credit rating down, but they did set of the assessment as a stable. some say that may give a little bit of a rally. i am looking at precious metals. gold and silver are what we are seeing as they are having the biggest again since mid-2016. this is coming as a safe haven, geopolitical tensions in the middle east and the slowing and china and a trade wars with the u.s. and a lot of precious metals on the upswing. look at these losses for weeks and months at a time. one analyst said it is a shift in psychology and of

they have production plans in shanghai. 24 hours a day on air and on tictoc on twitter, powered by 2700 journalists and analysts in 120 countries. i'm jessica summers. this is bloomberg. haidi: let's get more on how markets are shaping up in asia. our lives strategist here in sydney. not much for markets to get excited about. hong kong had a shocker yesterday. can japan get things going? >> is pretty concerning because the yen overnight suddenly got strong. it looks very much like it was a haven play with italy, as you were mentioning before. the timing is rather poor, because japan had that great bounce around the time abe got back in. there was the revival of abenomics optimism. way,t smacked this everything is messy with china being out for the holidays. there are a lot of of nasty issues. theerday concerning to see nikkei. i was looking at the asia-pacific. we have a chart to show you. in january,eaked then it bounced around for a while. the hope was it would break back up to the top side, the same way u.s. shares were

trade tensions are concerned worst day for the shanghai composite since february of 2016 this market closed 5.2% lower. that puts the overall losses over thepast 12 months at 24%. we have china trade data coming out tomorrow, that's friday. this is going to be another risk fact their this market will have to contend with. given the fact we are seeing these trade tensions raise uncertainty, expect to see exports slow down for the month of september so that could clobber the market sentiment over here. no surprise that technology was a loser today. the index in taiwan down 6.3% at the close. apple suppliers like log and precision down by 10%. the japanese yen did catch a safety bid dollar/yen around the 1.12 handle there is a big sense over here this volatility is not going to go away any time soon. if we see a hotter number from u.s. cpi on your end, that could feed into dollar strength, that could feed into stronger yields. not the best of looks for the markets out here back to you now. >> thank you very much, sri jegarajah over in singapore. let's turn to the selloff in progress in

shanghai is the story to watch today. let's talk now not only about the big moves in china but the big moves the government is trying to do to help there nancy is live in singapore nancy? >> hi there, brian yes, rough start to the trading in asia. read across the region as you point out. the big story around china you highlighted the big drop in the china market there's a triple r cut cut of 100 basis points. many were calling for a triple r cut. the move is going to inject about $100 billion into the banking system that's seen as good news for the banks, good news for investor confidence but we didn't see that play out in the markets today. keep in mind the central bank said that its monetary policy is still prudent, not accommodative. that is significant. many are wondering whether further easing could be in the cards. let's show you what happened it was rough off 3.7% you can see the pain points off the board. i want to point out what happened with the currency a lot of controversy around the juan we are getting closer

novak djokovic has cruised to victory in the shanghai masters for a fourth time.stay with us. tops

with that storm system but as we go towards the next couple days as the storm pushes away for shanghai the clouds and the winds will start to ease and down here towards hong kong we're looking quite nice with partly cloudy conditions here on saturday and as we go towards sunday temperatures stay relatively same we're looking at shanghai at twenty six for show at twenty eight in hong kong at thirty but taipei still windy for you with a temperature of twenty six. the consequence of war. ventures and russia he served in the marine corps for one shooting two hundred ninety five that just doesn't go away. for a living out of his truck for the last couple years. he's homeless. follows a group of u.s. army veterans traumatized by war. as they struggle to get their lives back shelter. zero. time visit taken to the top stories here and out friday prayers in indonesia been held outdoors off to most were completely destroyed by the nth quake and tsunami last week hundreds of thousands of people are still waiting for food and medicine and sixteen hundred people have died the nobel peace prize is b

number one spot his incredible comeback season highlighted again with a dominant display in the shanghai masters final world number nineteen border chart which was his opponent the creation having beaten roger federer in the semi's but jockey which came into this tie on a run of seventeen wins in a row and with two grand slam titles in twenty eighteen the serve took the first set six three. match points in the second would end on a review but it didn't matter it's a joke of which i can miss at six four this is his fourth shanghai title and comes a year after his twenty seventeen season was affected by poor form and injury will replace federer as world number two on monday and if he does better than rafael nadal of the paris masters will return to the top of the rankings. i couldn't ask for for a better scenario. so you know i'm very close to you know my doll in the rankings and put myself in a very good position for you know the last. last period of the year the game is a game is working really well and you know ending in a year's number one will definitely be. the biggest achievement of

shery: 3% slump in the shanghai composite is not good news.ts not looking to positive. you are watching daybreak asia. let's get first word news. jenna: president trump is threatening severe consequences if it is proved the saudi arabia killed jamal khashoggi. the kingdom has promised a swift but thorough investigation into what allegedly happened to the writer after he arrived at the consulate in istanbul. >> we are awaiting an investigation and waiting for the results. we will have them very soon. i think we will be making a statement, a very strong statement. that we are waiting for the results of about three different investigations. : steven mnuchin news the latest of a loud of saudi arabia's investment arm next week. rum nextnvestment fo week. finance business leaders are going to riyadh. bloomberg is no longer acting as the mediator of the saudi forum. receiving more than 50 cargoes from the u.s., it is a jumbo more than 70% in 2017. has surgedand of lng as it moves away from coal. it is looking at potential investments in lng projects

well still ahead here on al-jazeera it wasn't just roger federer's day in shanghai peter tells in sport just arabs. still. being told the sun ruled by the stink bomb sister. says the name under which i reporter. regular music is really going to trip my love for a very young age it may come from jamaica but i feel that. it talks about just the quality folks are walking along and there's a reggae music was a message that's deeply relevant to today's rock especially for a good thing this is kind of all the right wing assault on our freedom to ask questions and generally all freedom of expression and people you know are being targets students teachers activists filmmakers rights it's. been intimidated the number of. people on the streets and protest has reached our doorstep sought in whichever way i'd like to attempt to contradict something it's. about this time sport his peter. thank you very much twenty time grand slam winner roger federer has been shocked at the shanghai masters the defending champion was up against collations born to try to cheat in the semifinals on saturday took the f

the shanghai composite up 4% a big run there.g kong stocks up just over 2% let's get right now to our own nancy hungerford in singapore with the latest on china's big rally. >> here's something we haven't shown you in a long time a 4% jump for the shanghai composite. overall chinese stock markets enjoyed their best day in three years today. that was led by the blue chips take a look here the csi 300 up 4.3%. overall the tech heavy shenzhen which has been hit hard was higher by almost 5%. this markets the second straight day of gains for stocks on the mainland all as government authorities have really come out in force pledging to do more to shore up confidence. we've seen comments from the pboc advisor today saying that tax cuts next year could amount to some 1% of gdp. all of this comes after regulators on friday promised to make reforms for securities markets. we've heard comments about providing apple liquidity. so altogether if you consider that weak gdp we had out on friday for china, officials in beijing looked at the react

who are with a sport as roger federer goes down in shanghai up ahead of the flu two hundred seaborne a choice all of the base of his knees are. u.s. president donald trump vowed to severely punished saudi arabia if the kingdom is found to be behind the disappearance of jamal khashoggi a veteran journalist was last seen entering the saudi consulate in istanbul eleven days ago said he was pessimistic about fate but ruled out sanctions that would impact one hundred ten billion dollar u.s. saudi arms deal. i would like to do something where we could maybe. look at other things i will tote the senators because that's a tremendous order for our companies it's a tremendous order for really from an economic development standpoint you look at texas has a big chunk of it almost all of our states are involved in that order so i actually think would be punishing ourselves if we did it there are other things we can do that are very very powerful very strong and we'll do that now as of this moment nobody knows what happened as of this moment you know we're looking into it very seriously turkey is

and in the full cost anywhere east to sichuan down towards the coast hong kong could see the rain shanghai just about avoids it so an increase in here is an increase in the likelihood of rain for the next day or so but we might start to see the fresher weather just about push into shanghai come tuesday guarantee that there and then south of this is a pretty big showers around solid rock in particular and that's they've been drifting slowly west woods towards sumatra southern todd rather been recently some pretty big downpours again forecast wise going to give you a shower or two in singapore ok or maybe northern sumatra draw a picture in the world's showers in sort of a sea running just up the coast of vietnam and they might just catch jakarta but i think they probably won't similar sort of picture on tuesday to some detail change that sounded like still folks is wet place to be. as for the remains of tropical cyclone typically it's gone the rain still falling out of it particular cross the camps in the southeast of bangladesh otherwise it's andhra pradesh this wit. the weather sponsored b

this is bloomberg. ♪ >> shanghai composite of surges more than 4%, the highest since 2016.unk rating. the stock market risings after moody's put the country in a stable territory. the international backlash grows against saudi arabia against the death of jamal khashoggi. ♪ francine: good morning. this is "bloomberg surveillance.

shanghai down more than 5%. that is a big move for the shanghai stock market. european storks acks are lower. suggesting more selling when the u.s. market openis here in five hours. tech stocks, netflix, amazon, apple lost $120 billion in market value. it has been a tough october for stocks. invevestors are worried about t trade battle and borrowing costs. rates are rising because the economy is strong. super strong. yield on the ten-year treasury is a seven-year high. the fed reserve is raising rates to keep the economy from overheating. the president uses a high stock market as a personal scorecard. what does he have to say about yesterday? he is blaming the fed for the plunge. after arriving in pennsylvania. >> i think the fed is making a mistake. they so tight. i think -- they are so tight. i think the fed has gone crazy. >> then on fox news. >> the fed is going wild. i don't know what their problem is, but they're raising interest rates and it is ridiculous. >> jerome powell who runs the fed was appointed by the president. steve mnuchin says this is a corr

and never talk of age peeps that winning feeling in shanghai in the us on the way in sport with full. central american our nicaraguan police are violently broken up antigovernment demonstrations in the capital managua the demonstrators are part of an alliance of opposition groups calling for president daniel ortega to step down and will repel a reports from the capital. dozens of anti-government demonstrators were met with heavy force by police in my now going after six months of unrest and more nicaraguan citizens michael. only on the government of president then you know if they got to end the violent repression of political opponents in our time i mean yes i know we have being repressed they would let us march violating our constitutional right to protest. almost as soon as the demonstration began police vehicles full of riot officers confronted the crowd. some protesters clashed with officers and were beaten with clubs many of the demonstrators were women who were dragged away screaming where on the seat of my now we're up the nicaraguan police had announced yesterday that any pla

the shanghai facility will have an ai and machine learning research center.hat is your bloomberg business flash. nejra: debra mao in hong kong, thank you so much. geneo grissoms -- bolsonaroon -- promised to open up brazil's economy to private investment, but he has also drawn controversy by reviving nostalgic feelings for a past dictatorship. manus: not without its controversy. there is a rally in the country's stocks. just spoke to -- there will be more upside for brazil. >> i am very optimistic. towill never be able accomplish everything he said without to accomplish in view of the chaotic situation in the brazilian congress, but i think he will be able to do a lot, and it will be more upside for brazil. there will be corrections along the way. manus: joining us now is justin carrigan. put this in context. needsof people wrote he the strongest of mandates. we have lula da silva, bolsonaro, and the leaders of brazil. like,oes a mandate look the magic words that he will deal with the debt? does he have a strong enough mandate for the radical change he is pro

in hong kong shanghai thai ad to taiwan taipei and up till now north korea. we've been dar range missile. this is the work of the one sculptor german or. it's a tribute to the suffering and resistance of the people of asylum. sound sudan is one of the last places on earth to harbor guinea worm disease a gruesome affliction that has affected millions of us injuries chills down out in the world as the only country we didn't almost all the cases in the uk it is a huge response when it is no vaccine and no could this disease be on the verge of extinction you know where the problem we know what need to be done if it doesn't want to bring life lines how to slay a dragon on al-jazeera. when the news breaks and the story builds the fight against isis is still continuing in the arm bar desert when people need to be heard. and the story needs to be told by families in a status and wealth has benefited from their trust and so i have people al-jazeera has teams on the ground to bring you more award winning documentaries and live news on air and online. eighty percent of