woman watching her >> scary eyes. >> run-in at hospital where sheri worked >> went to sheri's office she couldn't have john, nobody could >> reporter: most terrifying, encounter in sheri's own home and by now she knew who the mystery woman was. >> she heard a noise and looked up there was john's ex-girlfriend. >> how did she get in the house? >> we have no idea >> reporter: john's e ex-girlfriend appeared to be stalking sheri but never mentioned her name to her parents. wanted them not to worry. >> see if i can't work this out myself. >> reporter: that conversation in a dinner celebrating sheri's 29th birthday. afterwards took sheri to the airport. >> as she walked away, turned and gave me a big smile, and i relived that smile for years >> reporter: less than three weeks later, sheri rasmussen lay dead the rasmussens insist that early in the investigation they told the lead lapd detective about sheri's troubling encounters with john's ex-girlfriend. >> i told the detective not once but probably 15 to 20 times. and he said trouble with you, watching too much tv. >>> coming up, old evi

shery: su keenan the latest on ibm.we discussed the volatility in the market with franklin financial services chief market try to just brett ewing. japan's data is due at the end of the hour. we have the outlook for the japanese economy. plenty more ahead on daybreak: asia. this is bloomberg. ♪ hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. 49i found you! good job. now i'm gonna stay here and you go hide. watch your favorites from anywhere in the house with the xfinity stream app. free with your xfinity service. now any room can be a tv room. stream live tv, on demand shows and movies even your dvr recordings. download the xfinity stream app today to stream the entertainment you love. xfinity. the future of awesome. haidi: a very good morning. i am haidi stroud-watts in sydney. we

shery: i am shery and in new york. welcome to "bloomberg daybreak: asia." asian stocks looking to track u.s. shares lower as they wrap earnings.c affected mcdonald's and starbucks affected the fed concludes policy meetings later. a look at howake we are shaping up in this part of the midday trading week. pretty muted start when it comes to trading in asia. futures lower. snp active futures higher by 1/10 of 1%. u.s. stocks dropping overnight with investors weighing disappointing bigger earnings including out of mcdonald's and a mixed bag out of starbucks, calling into question the strength of the u.s. consumer recovery and rising virus cases continuing despite incremental developments on the vaccine front. chicago nikkei futures ahead of big banks up 1/10 of 1%. the bloomberg dollar index is slightly negative at the moment although taking a bit of a actuallyat this point, pretty mixed in the g10 basket. we had the biggest decliner, the kiwi, the aussie dollar also halting. some losses in the overnight. gold had been dating albeit modestly but we have a down

shery.staying on hong kong, the city released details of its new security law this week and it involves unclear curbs on big tech. companies like facebook, microsoft, and twitter are now pausing data requests from the city. for more on the impact from the tech sector in hong kong, let's bring in our next guest, ray walsh. great to have you with us. are these tech giants really unjustified here in being worried about the security law? ray: they certainly are because the primary concern relates to the elevated levels of surveillance and businesses face in hong kong can expect to endure. there is no real transference as to what the government may decide. -- any action that brings china's authority -- punishments are extremely severe and include extradition to mainland trial that could result in life imprisonment. the reality is that the security law is far-reaching. it allows china to severely encroach on hong kong's autonomy. the impact that this could have on the tech sector -- it permits the

york, i'm shery ahn. stroud-watts in sydney. welcome to "daybreak: asia." asian markets look set for an uncertain start of the day as a global rally stalls. investors remain concerned about the economic impact of the coronavirus and potential pace of recovery. the coronavirus setting more actors, daily infections in texas, deaths in arizona and hospital cases in california marking new highs. melbourne was back into a lockdown. top advisors in washington are said to want the u.s. to undermine the hong kong dollar peg or -- to punish china. let's get straight to the market action with sophie kamaruddin. sophie: cautious moves in japan, the nick a second day. -- the nikkei 225 extending losses for a second day. bankruptcy data is due midday. autos keeping an eye on after toyota, mazda and others said they are keeping some factories suspended after heavy rates hit southern japan. year -- a 30 year sale was strong. samsung's earnings did not provide a boost on tuesday. the korean won study as she goes this mor

shery: welcome to "daybreak asia." i am shery ahn in new york. haidi: i am haidi stroud-watts in sydney. we are counting down to it has major market opens. u.s.-china ties plummeted -- plummet to new depths. president trump will not rule out closing more diplomatic missions. --al coronavirus cases california surpasses new york. the numbers are also rising in asia. late trade after smashing expectations in the second quarter. profits coming in at $.50 a share, confounding forecast. breaking news out of south korea. second quarter gdp numbers, preliminary numbers for south korea. quarter on quarter, a contraction of 3.3%. bigger than expected. the year on your number also worse than expected, contacting 2.9%. when it comes to that quarter on quarter contraction number, this would be the first back-to-back quarter on quarter contraction on record, pulling the economy essentially into a technical recession. of course, we have seen the second quarter in south korea being affected by the coronavirus pandemic. domestic economic activity has been largely

shery: welcome. our top stories this hour.ech weakness on wall street is said to drag on asian markets. fast post virus activity start to dim. covid-19 setting unwelcome records. cases surging in many u.s. states. india considers new lockdowns. facebook insists it has diversity at the top of its list. but it seems to have done little to boost black staff numbers. let's take a look at how we are shaping up. that drag coming through from u.s. stocks. rotation ofsee this the highflying tech stocks. netflix casting a very dim shadow. missing horribly on just about every metric investors care about. nikkei futures up by a quarter of 1%. tsmc raising its outlook for evan -- revenue. maintaining there for your guidance. saying that they are seeing improve conditions coming out of china. let's take a look at chinese stocks in particular as we close out this trading week. one state media article suggested it was responsible for corruption and bribery cases against china. we will continue to see if that stock stages much of a rebound. s

shery: good evening. we are counting down to asia's major market opens. i'm shery ahn in new york. haidi: time haidi stroud-watts in sydney. welcome to "daybreak: australia." tech shares push u.s. markets lower for the first time in three days, the nasdaq posting the largest decline in weeks. microsoft and apple leading the losses. the coronavirus continues to set unwelcome records. cases surged across several u.s. states, while hong kong and tokyo report new high marks, and india considers new lockdowns. wall street banks capitalizing on the federal reserve's extraordinary rescue measures with record profits. shery: let's take a look at how markets are trading at the moment. u.s. futures are coming online flat, after we saw losses in the regular session after two days of gains. we had investors continue to rotate out of this year's top performers. zero .7%, fell about with microsoft and apple leading the losses. we had technology, the biggest decliner on the s&p 500 as well. when it comes after hours trading, netflix also slumping on disappointing results. we had a couple of eleme

. ♪ shery: good evening from bloomberg's world headquarters.e are counting down to asia's major markets open. i'm shery ahn in new york. haidi: welcome to daybreak australia. here are your top stories this hour. highestcks go to the since coronavirus worries before pulling back up the close. investors think new infections will see plans to reboot the economy. global infections top 13 million people dead. california is tightening restrictions in new york city is boosting education about masks and social distancing. u.s. and china ramping up tensions. washington rejects beijing's claims to the south china sea and top senators are facing mainland sanctions. shery: let's get you started with a quick check of how the markets are trading. u.s. futures opening higher, gaining one quarter percent after stocks fell in the regular session. sharply higher throughout most of the day and then we saw a bearish reversal in the afternoon. marcus dealt a double whammy with data showing that virus cases surged in california, as they that makes up 15% of u.s. gdp

shery. shery: su keenan with the latest on united airlines.n "daybreak asia," the outlook for china's tech sector with the senior analysts, david day, who joins at the bottom of the hour, but first, the opens in sydney, seoul, and tokyo. we will discuss what is ahead for stocks with the strategist, eleanor cray. this is bloomberg. ♪ ♪ ♪ ♪ ♪ >> good evening from bloomberg's global headquarters. markets have just open for trade. welcome to daybreak asia. asian stocks set for a first aquinas week after a mixed session out of wall street. investors await clarity on a virus stimulus program. global infections approach 50 million. 610,000 deaths. president trump says wearing a mask impeach riyadh it. the world's biggest food delivery at says orders are taking off and robots may be able to help. let's get straight to the market action with sophie kamaruddin in hong kong. stocks are opening to the downside with more earnings on tap. we are keeping an eye on pharma a coronavirus -- treatment. the yen back below 107. jgb's expected to climb for a second

shery: i am shery ahn in new york. asia faces a muted start ahead of a new eco-data from china that will gauge the post virus recovery. high onit a one month optimism about a vaccine. the pandemic rages on with the u.s. still the global focus. in california while texas sees record daily infections. walmart demand shoppers wear masks. some of the most prominent have beenn america hacked. we will have the latest. let's take a look at how we are shaping up when it comes to the futures session going into the start of trading this thursday in asia. take a look at u.s. futures pointed a little bit to the negative, flat at the moment for futures contracts after u.s. stocks climbed to her than a one month high. we had renewed optimism that we are getting closer incrementally on this virus vaccine development front, not just with the news on moderna, but also a rival set of trials being conducted in the u.k., reporting some progress. we saw the s&p gaining just shy of 1% and actually manage a drift back into positive territory

this is bloomberg. ♪ shery: welcome to "daybreak asia ." i am shery ahn in new york.di stroud-watts in sydney. our top stories this hour, asia looks set to a quiet start despite triggering the rally that lifted global stocks. the s&p 500 on its longest winning streak since december. samsung reports second-quarter numbers this hour. analysts expect

shery: welcome to "daybreak asia ." i am shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. our top stories this hour, asia looks set to a quiet start despite triggering the rally that lifted global stocks. the s&p 500 on its longest winning streak since december. samsung reports second-quarter numbers this hour. analysts expect weak smartphone sales. details about the beijing' security law. shery: this is quite a reversal from the deficit we saw in the previous month. we had seen south korea's current account falling to deficit for the first time in about one year but the numbers have recovered and we are seeing a rebound with our current account surplus topping $2 million. when it comes to goods, the trade surplus coming in at $2.5 billion for the month of may. this is quite a recovery given that we had really fallen to the lowest level since 2008. good trade surplus numbers. a much better than expected number out of south korea when it comes to the current account surplus and also the goods trade surplus for the month of may. let's

shery: welcome to "daybreak asia ." i am shery ahn in new york. haidi: i am haidi stroud-watts in sydney. our top stories this hour, hong kong wakes up to a new reality with protesters detained under china's new security law. washington is pledging a strong response. the u.k. will offer citizenship to millions. lobo virus infections continue to rise with record new cases reported daily in the united states. president trump says masks are good but still will not accept they should be law. asia is set to follow wall street higher as investors weigh theirdevelopments against cases. the s&p climbed for a third straight day. shery: let's get you started with breaking news south korea. we are seeing inflation rising faster than expected. both the month on month and year on year figures now escaping that disinflationary territory. month on month inflation rising 0.2% and 18 expectations. the expectation was for no change, also coming out of three months of decelerating prices. when it comes to the year on your numbers, the inflation remaining flat. the e

shery. right, and as you mentioned, big tech showing that investment enthusiasm for their shares may be justified. apple, amazon, alphabet, and facebook all beat estimates and earnings released after hours. shares of all four rising in extended trade. emily chang spoke to both tim cook and ruth. let's start with apple. crushing estimates. what did tim cook say to you? emily: right. a record june quarter. he talked about records in almost every product category and almost every geographic area, which is certainly impressive given the environmental conditions we are facing with the pandemic. thelso talked about how pandemic specifically impacted the products. because ofelps sales the work from home trend, remote learning. in fact, those categories did better than they even expected. likely hurt the iphone and wearables as well as advertising and applecare products. we did the iphone sales flat year-over-year so it did not do as well as the other product categories but still far and away beat e

this is bloomberg. ♪ . ♪ shery: good evening. i am shery ahn.ian markets have just opened for trade. this are the top stories hour. growing concern about a resurgence in the coronavirus. infections continue to rise and global numbers copy -- talking -- polls opening in singapore for an election overshadowed by the pandemic. shery: japan, korea and australia kicking off trading. a lackluster start so far with nikkei 225 with little change. accelerated pickup in tokyo virus cases, but the government is not considering a state of emergency. this is the latest data from japan. expected.pace than that is compared to the forecast for a drop in 2%. analysts are questioning the price and benefits. groundpi gaining some while the korean won is on the back foot. still set for a weekly gain. we will keep an eye on the region. stocks, in on sidney keeping an eye on the minors while prices held above. window toxtending the november 30 as infections pick up again down under. the aussie curve flattening. jumping into the terminal, chinese stocks are set. inves

shery: i'm shery ahn in new york. welcome to "bloomberg daybreak: asia." our top stories.ook set to slide amid fresh geopolitical tensions and worries about covid-19. futures decline in tokyo and sydney. hong kong's new virus restrictions might weigh on stocks. singapore's economy contracted sharply in the second quarter, although activity may be steadily recovering from april's lows. the u.s. and china trade new punches. washington rejects beijing's claims to the south china sea, and top u.s. senators are facing mainland sanctions. haidi: that's right. we have the singapore gdp for the second quarter just crossing the bloomberg. it is bad. worse than expected, but perhaps not as bad as some estimates. singaporean economic activity contracted by 12.6% on a year on year basis in the second quarter of 2020. remember, we had the circuit breaker we implemented from the first week of april 2 essentially the start of june in response to escalating cases of covid-19. that meant nonessential parts of the economy came to a complete standstill. we see on a quarter on quarter seasona

this is bloomberg. ♪ shery: welcome to "daybreak asia." i am shery ahn in new york.aidi stroud-watts in sydney. we are counting down to it has major market opens. u.s.-china ties plummeted -- plummet to new depths. president trump will not rule out closing more diplomatic missions. --al coronavirus cases

shery: i am shery ahn in new york.muted start ahead of a new eco-data from china that will gauge the post virus recovery. high onit a one month optimism about a vaccine. the pandemic rages on with the u.s. still the global focus.

shery. shery: let's get another check of the markets.sian stocks look set to climb after tech fuel rally lifted their u.s. counterparts the highest points since february. this following encouraging news on a potential virus vaccine from oxford university and astrazeneca. our next guest does not view vaccine data as important in places where the virus is out of control, such as here in the u.s. let's bring in the chief market strategist. always great having you with us. how long are we going to continue trading on virus headlines? think we arei going to have plenty more opportunities to do virus trades through the fall. we do not see a vaccine coming into play until maybe november at the earliest for the first quarter of 2021 and we are always going to have market reactions with this type of news. shery: we have continued to see this rally despite some disappointment, whether it is on the vaccine front or infections rising around the u.s., and what has been really interesting is that volatility has really remained high. this gtv chart on

shery?hery: breaking news at the moment, gold trading at a record high after it went over 1900 for a long timeme since ago. this would be the highest on records since recordkeeping began back in the 1920's. right now, we are seeing gold futures rallying as we continue only this low rate environment but a weakening u.s. all of thiseally macroeconomic fundamentals really driving precious metals with gold futures now topping $ 1930 an ounce. haidi? haidi: yes, no stopping this gold rally, there are tensions overlaying the macro side of the story with the trump administration decision last week to shutter the chinese consulate in houston with frustration of what it said criminal activity directed by beijing to steal trade secrets and carry out operations across the united states. it comes as the u.s. is forced to close a consulate there. tom mackenzie joins us from beijing with the latest. so what exactly are in these allegations by the u.s.? has been in two cases in the last year of chinese who

shery: breaking news out of south korea. we are getting the unemployment rate for the month of june coming in at 4.3%. now, this is lower than the estimate of 4.5%. the unemployment rate falling from the previous month. we have seen a little bit of strength in the south korean economy with more positivity coming from that ramp up in government job creation efforts. still, we have those negative effects from the pandemic with the hard-hit hospitality and retail sectors continuing to reel. south korea losing jobs. those removed in june from a year earlier. still, the unemployment rate falling to 4.3%. let's get a quick check on how markets are trading at the moment. u.s. futures rallying. we have after the market closed more positive news when it comes to the vaccine front from motor and a. in the regular session, we saw u.s. stocks posting their biggest gains in more than a week. .7%. this as we continue to see those concerns over the infection surge in tokyo. we are expecting the boj rate decision in japan expected to keep p

shery: good evening from bloomberg's world headquarters. i'm shery ahn in new york. haidi: i'm haidi stroud-watts in sydney. welcome to "daybreak: australia." u.s. stocks finished higher on fears that the coronavirus may hit any economic recovery. those concerns overshadowing a big jump in payroll numbers. global infections continuing to rise, with u.s. cases jumping the most in almost two months. texas is making face masks mandatory, while florida yet another record. the u.s. senate approves sanctions on chinese officials over hong kong, as the u.k. says it will not back down on a path to citizenship for around 3 million of the city's residents. shery: let's get a look at how markets are trading. we see u.s. futures coming online down 0.1%. we had gains across the board. you saw the s&p 500 higher by 0.5%. materials and energy were up more than 1%. we had more positive economic data, better-than-expected jobs numbers, although the optimism was tempered a bit by concerns about rising weekly jobless claims. to composedid manage again a record high. take a look at what

shery: the u.s. economy suffered its worst quarter since world war ii, as gdp plunged by 32.9 percent, but while the gdp plunge was widely expected, the jobless claims figure was not. that near 900,000 rise in people claiming continued benefits provides more evidence that any recovery is being undermined by the resurgence of the virus. forhis take, we are joined an exclusive interview by pgim ceo david hunt. these are very bad numbers. widely expected for the gdp front. ?re we near the bottom now could we be near the end of this coronavirus recession, and but what recovery look like? as my chief economist likes to say, we clearly took the elevator down, and now we are going to trudge up the stairs to get back to normal. it really was a long way down. the numbers today are best understood on an annualized basis, year on year. that was 9.5% based on today's figures. that is, as you pointed out, the worst decline we have had since the second world war. our view is that it is going to be a long, slow cli

shery: the u.s.given its final approval to legislation that would impose sanctions on chinese officials cracking down on dissent in hong kong. the bill heads to president trump for his signature. let's go to selina wang in beijing. what do we know about this legislation and the expectation as to whether the president will sign it? selina: this legislation sanctions tiny officials cracking down on dissent in hong kong, as well as financial institutions working with officials the u.s. determines are interfering in hong kong affairs. but it does give a year-long grief period for the businesses to stop doing business with those individuals. after that point, the treasury department can impose penalties, including barring top executives from entering the u.s. and restricting their ability to engage in u.s. dollar denominated transactions. it requires the state department to report each year about officials seeking to undermine the one country, two systems principal and gives the president the power to sei

shery: i am shery and in new york. welcome to "bloomberg daybreak: asia."oking to track u.s. shares lower as they wrap earnings.c affected mcdonald's and starbucks affected the fed concludes

shery: -- change these behaviors.ry: would you say there has been a path when it comes to revenue and sales? becausee very fortunate we have a diverse portfolio. segment.he food we have the confectionery segment. we have the snack segment. three segments. the performance of mars inc. is good at this time. our government business is consumed outside of business isgum consumed outside of the home. people are celebrating, having meals together, watching a move together -- movie together, watching tv together, we continue to see many of our products being consumed and on the rise. course, there has also been a push for fitness after months of being locked down at home. has that impacted your business? there are people who want to get healthier and stay away from snacking? is bringing to the table and awareness of healthier snacking. brands have a place in a healthy consumer diet for anyone. . have chocolate every day we are seeing that although they are snacking on healthier choices, they also need chocolate or other conf

shery, over to you.hery: staying on the virus global cases have now surpassed 16.3 million with 650,000 deaths. while cases in u.s. hotspots have slowed, there's been a pick up in asia. yvonne man has the latest. china reporting the biggest jump in cases since the end of the wuhan outbreak, when we already had 80,000 plus infections. what happened this time around? like the recent outbreaks were likely links to infections of people traveling now that domestic travel has boomed in the country for some time now. the infections on monday, 57 of which were local cases, 41 of which were in xinjiang, the western province. the rest were found in the port city. the cases have already spread to several cities across three northeastern provinces as well as the southern province of -- china at this point still undergoing the same playbook. they will be doing this blanket testing once again. they have done targeted lockdown restrictions. the capital of xinjiang, we have seen bus and subway services have been shot, h

♪ shery: good evening from bloomberg world headquarters. i am shery anh in new york.aidi: i am haidi stroud-watts in sydney. here are your top stories this hour. uncertain start with future sliding in tokyo area global equities seeing three weeks of gains as investors bet on support for the post virus recovery. global infections topped 14 million with deaths above 600,000. los angeles is facing a new lockdown while hong kong and tokyo have new record numbers. australia set to deliver a new budget that may be the biggest -- since world war ii. shery: let's get you started with a quick check of the market trading. after upside of .1%, this another risk on week. the s&p 500 ending higher on the friday session, seven out of 11 s&p 500 sectors were led higher by utilities. we have the dow losing .25% and the nasdaq was up .3%. it was interesting it was the first week of 2018 with a nafta -- nasdaq was down and the others were up for the week. the third-down week for the dollar, we will get another week of weakness for the dollar that will be the first time this year , a wh

shery: welcome. our top stories this hour. u.s.hina tensions continue to simmer amid accusations of spying. a singaporean man pleads guilty to helping chinese intelligence. washington over china's claims to the south china sea. coronavirus cases are in the u.s.. florida passes new york is the second highest state after california. gold futures had a record, beating levels last seen in 2011. sasol are plunges. let's take a look at how export thesis shaking up when it comes to the start of trading here in asia. this is what we are seeing when we are seeing futures. u.s. stocks fell for a second day on friday. there is a faltering sense of recovery in the u.s.. this is expected to focus on unemployment insurance. pelosi has called that passage contracted the futures is down by a 10th of 1%. japanese stocks coming back online. mildly positive. sydney futures extending losses down about a half percent. a flat start to the cash trading session. let's take a look at gold. that is always the been the story. gold prices are not looking too

shery: right. that was victor gobitz, ceo of bueana ventura.the damaging impact of the coronavirus on the economy is the number one factor in policy including the bank of japan which meets later. kathleen hays is here with the preview. no policy moves expected by the boj today. why? kathleen: because they are looking at the coronavirus -- you were talking about the concern over more cases, that they might increase their emergency stance again. however, currently, with the bank of japan thinking the worst is over in terms of the coronavirus impact on the japanese economy, no changes of negative rates. no changes in quantitative easing. they have moved to an unlimited stance in the last meeting. i just want to point out, too, that japan's success at containing covid has been pretty impressive. as of july 13, just over 21,000 infections and 979 deaths. compare that to germany, a versus country japan, where there are actually over 9000ses, deaths. that is why japan may rest more easily. in terms of a scoop we had from bloomberg news in tokyo last w

shery: now to what is happening in the u.s..hite house and senate republicans have reached a fundamental agreement on a virus relief plan. they remain logged down in the details. unexpected jobless claims shows how urgent this is. we just heard from the white house chief of staff, mark meadows, saying they will certainly have something to vote on next week. where are we? yes, bogged down is how a lot of people are seeing it. i think we have to characterize the gop bill is moving forward. we started out this morning with the announcement that the white isse and we can assume that president donald trump, because cutting the payroll tax was his big thing. saidrday, steven mnuchin he saw flexibility on this position and this morning, that is one of the first things we heard. steve also said the republicans in the white house had reached fundamental agreement on the outline of the plant. , the senateell majority leader, late this afternoon saying he is going to be ready to introduce the bill they have as part of the republican stimul

shery: adam haigh with a check of the markets.pore's ruling party old onto power, but there were surprises in the election. we will add up the results, next. and don't forget if you are away from a screen, you can always find in-depth analysis and a day's big newsmakers on bloomberg radio, now broadcasting live from our studio in hong kong. plenty more ahead. this is bloomberg. ♪ this is bloomberg. ♪ haidi: singapore's ruling party retains a firm grip on power after latest elections despite suffering its weakest performance in 55 years. the people's action party won all but 10 of the 93 seats on offer but just six he one of the popular vote. let's get more with our chief international correspondent for southeast asia, haslinda amin. what are some key takeaways from this election? haslinda: it had the makings of a watershed election and it turned out to be just that. performanceorst even though they campaigned on a strong mandate. the opposition has doubled. it was quite a big surprise. what was an especially big blow for the pap w

shery: yvonne man with an update.ting consumer patterns and giving a boost to its biggest and most familiar brands. the ceo spoke to bloomberg about whether we have seen the worst of the pandemic. >> i think what we have seen in the last quarter is the true strength of unilever. our regular portfolio of us good resilience. on how toown agility respond to these unprecedented circumstances. meanwhile, we have been working on the strategic future of the company. we are long past the stock phase right now in north america. what we are seeing our big shifts. things like hand hygiene, surface hygiene. i think a lot of our growth in north america has been driven by our in -home foods business as people eat meals at home rather than on the go. that is likely to continue for quite some time. on the other hand, restaurants are struggling in the current circumstances. on howwere surprised well i scream like ben & jerry's did in north america, given the fact a lot of tourist concessions had to be shut down. do you think ice cream

shery: welcome to "daybreak asia ."ok set for a decline this week after a mixed session on wall street. investors await clarity on virus stimulus programs. global infections approach 15 million with death topping 610,000. president

. ♪ ♪ shery: good evening, i am shery anh. haidi: and i am haidi stroud-watts in sydney.r markets have just opened for trade. -- asia's major markets have just opened for trade. the fed signals more stimulus, the worst economic downturn in our lifetime, and jay powell urges congress to boost fiscal spending. hong kong is facing its worst outbreak of the virus yet, nine record days in the last 20 but no stay-at-home orders. a lot of businesses remain open. tiktok attacks mark zuckerberg ahead of his appearance on the hill, accusing facebook of being two-faced when it comes to national security. sophie: taking a look at what is going on in japan on a busy earnings day, the likes of .dvantages along with komatsu we have the nikkei 225 opening yen isby .3% while the slightly under pressure, back around the 105 handle. this is the latest data from japan showing growth going up in june with a 13% monthly gain in the retail sales number. from south korea, we have manufacturers confidence rising to 57 for august, the kospi adding .5%. the korean won on the front foot, eyeing the

shery: good evening from new york. i'm shery ahn. our top stories this hour. jerome powell warns of the worst economic downturn in our lifetime as the fed leaves rates on hold and urges congress to boost fiscal spending. u.s. coronavirus deaths passed 150,000 mark as texas, california and florida see record fatalities. infections spike in china, hong kong and japan as well. hill.tech titans on the the ceos of amazon and alphabet and facebook face a virtual grilling over antitrust. haidi: let's get you started with a check of the markets. u.s. futures opening flat, slightly higher that by .1%. this after we saw u.s. stocks extending gains in the regular session, the dollar declining estate as dovish as possible. the s&p 500 gained more than 1%, adding to the july rally. 11 sectors were higher with tech leading the way. as i mentioned earlier, we are seeing that big tech antitrust showdown in congress ongoing at the moment. nasdaq composite and -- at 1.4% high. at a one-week . the dollar weakness really resumed with the fed sticking with low rates. look at what

shery: the u.s.s sanctioning a top member of the chinese coming his party over human rights abuses in the province of shandong. selina, this would be the first time the u.s. is actually sanctioning a chinese official under the global human rights act. selina: that's right. it includes the province secretary who sits on the 25 member politburo, reportedly the highest ranking person to sit on committee in china. because of his high level, china is likely to reject very strongly to these actions, despite the fact that these sanctions are not likely to impact these people in any significant way, since it is unlikely they have significant financial connections with the u.s. as you mentioned, this is also the first time the u.s. has sanctioned a sitting chinese official the 2016 human rights accountability act which gives the u.s. broad authority to impose human rights sanctions on foreign officials. senior officials in the u.s. have been pushing for this for months, but trump had been delaying the move ov

shery: yvonne man with the latest in hong kong.'s get a check of the biz -- business flash headlines. we might have encouraging news on the vaccine front. moderna climbing by as much as 11% after getting a second round of u.s. government funding for an experimental vaccine. kicking off the late stage trials. moderna is backed by almost $1 billion in funds after adding almost a half a billion in the first purchase appearance in the study of 30,000 people who have been given cases -- doses. they hope to have a vaccine by early next year. google will let employees work from home until at least next year, and has pushed back the reopening of its offices as the coronavirus continues to rage in the u.s. the company previously said workers can stay home until the end of the year. google sent its workers home it in march at the start of the pandemic. 's cfo has been named in a federal probe. they received a notice from the fcc which may file an enforcement action against the company for allegation it pulled sales forward in 2015 and 2016.

joined by shery. just another communist city, but what does it mean for the people of hong kong in terms of how it risk they are for arrestss? shery: are trying to figure that out. time toave not had much go through the full draft, but for now, the protests we are seeing have led to nine arrests of hong kong people. 300 people have been taken into custody, nine under that law. the understanding right now is that this could lead to life sentences including crimes for subversion of state power, collusion with foreign forces. advocates andracy student leaders joined the protest last night. they already severed ties with their political groups in order not to implicate each other, but the key question is how will this expand to other parts of hong kong society? as the the big question lost of remains vague. vonnie: we have plenty of vague invitations as well not least from boris johnson suggesting sayu.s. -- the ukip should say take oni should refugees. is there any notion that people would want to take b

sheri fink, thank you for joining us.f you could talk first about houston and what you're finding there. you, coming from the epicenter covering what had happened here in new york as t the epicenter switches and shifts to houston? there a are a l lot of similaririties, unfortunatelelyd some dififferences -- we can tak about both. the simililarities s are just te nunumbers. the numbers of n new patients. they are stressing t the hospits here.. the hospspital i have b been embedded with, houstonethodistst hospital,l, which is the largest hohospital inn houston, has just bebeen astonishing. they have been adding unit after unit a after unit jujust to carr coronavirus patitsts. they can do o that. meananwhile, there's a safety nt system. those hospitals who are there e treat people who tend to be disproportionately affected by coronavirus, and they are just completely full and transferring their patients out. this is very similar to o new yk in that way. in n terms of some of t t differeeses, itouldld seem at least in the ear

sheri fink who has been reporting inside houston's hardit hospitals. >> we are he at houston methodist hospital, which is e largest spspitaln houston. right at this moment, the number of coronavirus cases is really rising dramatically in the city. amy: and we will speak to emergency physician dr. uche blackstock, founder of advancing health equity y which works to fight racismsm and bias inin heh services. >> living in this country has essentially made black americans sick. and over thehe last three e mon, we have e witnessed a crisis

shery: so much has happened in the last 24 hours.et's not forget the sanctions on lockheed martin with their deal to provide missile parts to taiwan. you mentioned the south china sea. this is a 1.4 million square mile waterway between china and indonesia. this has really become a central mckee issue, and a point where you see once again the trump administration really doing away with past u.s. traditional foreign policy. in the past, the u.s. had only called for protecting the freedom of navigation in the waterway but really not taken a specific vision when it comes to these territorial claims. all of that changed with secretary pompeo now saying that they are making it clear that claims to resources across most of the south china sea are completely unlawful. a unitedeen in 2016 nations tribunal siding with the philippines, saying that it does not comply with the u.n. conventions on the law of the sea. it is not just an argument between china and the philippines, but also with vietnam, brunei, also taiwan. emily: meantime, we are he

shery: i am shery ahn in new york. welcome to "daybreak asia." asian stocks set to follow the u.s.in look past u.s.-china tensions and focus on companies seen as immune to rising coronavirus numbers. the pandemic reaches another grim milestone with cases in the u.s. climbing a

this is bloomberg. ♪ shery: welcome to "daybreak asia ." i am shery ahn in new york. haidi stroud-watts in sydney. our top stories this hour, hong kong wakes up to a new reality with protesters detained under china's new security law. washington is pledging a strong response. the u.k. will offer citizenship to millions. lobo virus infections continue to rise with record new cases reported daily in the united states.

sherishar sheri sheriff's department. >> they are also counting for the closure of the juvenile hall and early release of juveniles and those within six months at the end of their sentences. >>> congressional leaders say that john lewis will lie in state at the u.s. capitol next week. lewis died last friday after a battle with pancreatic cancer. he will lie at the top of the capitol steps for two days so the public can pay their respects while socially distanced. his family isdditional plans including a procession through washington, d.c. >>> and the nation said good-bye to a pioneer of the civil rights movement. the funeral was held for c.t. vivian be yesterday yesterday i the attendees included oprah winfrey and hank aaron. he was 95 years old. he began organizing sit-ins in the 1940s and later became a close friend of martin luther king jr. >>> happening tonight, the as will face the angels at the oakland coliseum as both teams finally open the covid-19 shortened season. the as and angels begin the season in oakland for the second straight year. the as have pretty high hopes for t

shery: good evening. we are counting down to asia's major market opens. i'm shery ahn in new york.me haidi stroud-watts in sydney. welcome to "daybreak: australia." tech shares push u.s. markets lower for the first time in three days, the nasdaq posting the largest decline in weeks. microsoft and apple leading the losses. the coronavirus continues to set unwelcome records.

. ♪ shery: good evening from bloomberg's world headquarters. i'm shery ahn in new york.haidi stroud-watts in sydney. welcome to "daybreak: australia." u.s. stocks finished higher on fears that the coronavirus may hit any economic recovery. those concerns overshadowing a big jump in payroll numbers. global infections continuing to rise, with u.s. cases jumping the most in almost two months.

. ♪ shery: good evening from bloomberg's world headquarters.ng down to asia's major markets open. i'm shery ahn in new york. haidi: welcome to daybreak australia. here are your top stories this hour. highestcks go to the since coronavirus worries before pulling back up the close. investors think new infections will see plans to reboot the economy. global infections top 13