shinzo abe says japan and china are at a historic turning point. the japanese prime minister state visit comes as tensions between beijing and washington continue to simmer. more evidence in the murder of kim mulkey shoji -- of jamal khashoggi. high-profile democrats and vocal trump critic robert de niro were targeted by bomb -- mail bombs. starting out with our top story, shinzo abe's state visit, where a lot of business opportunities are. >> 500 business members are accompanying the prime minister on this. they have agreed to strengthen the corporation in a wide range of areas. traveling with bay, a 500 strong is this delegation. -- 500 strong business delegation. on thursday, the countries signed $18 billion in business still's -- in business deals. toy agreed to set up a fund facilitate trade and agreed to a $30 billion currency swap pack. >> more than 54 and have been signed. infrastructure, transport, finance. all sectors where we can have high expectations. sides are discussing plans to set up a new initiative focusing on innovation and inte

japan's prime minister shinzo abe is in beijing, for a summit with chinese president, xijingping. ateral talks in seven years, but can it help repair relations between japan and china? abe met with premier li on thursday. in recent years, japan has had fraught relations with china. the visit comes as japan's long—time ally and security guarantor, the united states wages a tariff war on china, which is japan's biggest trading partner, while occasionally tossing ominous threats tokyo's way, as well. here's some of what abe said. translation: these days, japan and china play an essential role not only in the economic development of asia, but the whole world. the world has never been so interconnected, and the kind of problems that cannot be solved by one country are increasing. so i think we have come toa time increasing. so i think we have come to a time when china and japan should work together to contribute to world peace and prosperity. our tokyo correspondent rupert wingfield hayesjoins me now. the two leaders will be meeting later today, the last time they met in 2014, they had

can‘t address. those are the questions shinzo abe can't address.rt of the tpp if we‘re in the customs union, that‘s a very important point. andrew wilkie bak! we will carry on the conversation later in the news briefing —— andrew will be back. stay with us on bbc news, still to come: a recipe for a better life. how celebrity chef levi roots is helping men to improve their health and learn new skills in the kitchen. this was a celebration by people who were relishing their freedom. they believe everything‘s going to be different from now on. they think their country will be respected in the world once more, as it used to be before slobodan milosevic took power. the dalai lama, the exiled spiritual leader of tibet, has won this year‘s nobel peace prize. as the parade was reaching its climax, two grenades exploded, and a group of soldiersjumped from a military truck taking part in the parade and ran towards the president, firing from kalashnikov automatic rifles. after 437 years, the skeletal ribs of henry viii's tragic warship emerged. but, even as d

and shinzo abe pledges to strengthen co—operation with india, as narenda modi's visit to japan drawsa close. and on the markets, it's a mixed picture in asia right now, and the dramatic swings that marked last week have abated for now, but investors remain on edge. voters in latin america's biggest economy have chosenjair bolsonaro as their new president. he secured 55% in the second round runoff. let's take at the look at the big economic issues in his intray: brazil's economy is currently emerging from the country's worst—ever recession, growing 1.0% in 2017 after two years of contraction. it was once one of the fast—growing so—called brics. unemployment has begun to decline, after reaching an all—time high last year. but almost 13 million brazilians remain out of work, with the unemployment rate at 12.1%. another major headache for the incoming president will be the country's ballooning debt. the key to reducing that will be an overhaul of the country's generous pensions system, which the incumbent michel temer tried and failed to reform. and brazil's new leader will be hoping to

shinzo abe looks set to remain in office until 2021. key point now is going to be fiscal policy, and we know that the new extra budget of around 1% of gdp is in the making. you will remember japan was haunted by a couple of natural disasters, very big typhoons, so there will be additionalfiscal typhoons, so there will be additional fiscal support actually going forward. and then the big news is going to be the reshuffle of the cabinet. new blood for more deregulation to re—energise economic policy. a cabinet reshuffle injapan will be key. let's talk about the stock—market, at a 27 year high. can this be sustained, or has it reached overvalued levels? absolutely not. it can be sustained and the reason is, you put yourfinger on it, valuation. japan still trades on a price—earnings multiple of less than 14 price—earnings multiple of less than 1a times earnings expectations, which are very conservative. we will see a big wave over the next three months. we will see a big wave of earnings, revisions up, and that should leave the market highe

japan's prime minister shinzo abe is in beijing, the first such visit for seven years. relations between the two nations, the world's second and third—largest economies, have been strained in recent years. and this video is trending on bbc.com: the philippines is re—opening the resort island of boracay. it was shut for six months to clean up the damage after years of mass tourism. it will now limit the number of visitors. that's all. stay with bbc world news. and the top story in the uk: for the first time, women can apply for any british military role. the defence secretary says all combat roles are now open to both sexes. now on bbc news, live to singapore for asia business report. asian markets are following wall street's rally after tech giants twitter, microsoft reported strong results. and from an awkward and check to a friendship. president trump oss trade war with beijing might be pushing china and japan closer together. good morning and welcome to asia business report live from singapore. tokyo stocks have open higher after having a massive sell—off yesterday.

shinzo abe arrived in beijing today.s place as the two largest economies come under pressure from president trump over what he called unfair trade practices. it with more is shery ahn. what can we take from this? shery: back in 2014, remember when we have the really awkward handshake between president xi jinping and prime minster abe where they clearly don't want to be with each other, that they are barely holding hands and barely smiling. other, that they are barely holding hands and barely smiling. that was the relationship there. joe: [laughter] it is not subtle, is it? shery: that was the talk of the day back then. that was only four years ago and that you have to wonder how much of this warming of ties between the two has to do with trump and the fact that he is tariffs on china and he has bullied one of these key allies into these bilateral trade negotiations after pulling out from the transpacific partnership. romaine: what is the source of the tension between xi jinping and abe? shery: it all happened because of

shinzo abe, the amount of time he has spent in trying to cultivate donald trump.ichael: there's also another angle. he also wants to rewrite the japanese constitution to allow a more normal defense posture. he is still trying to cozy up to china and be friendly, that sale,the winds out of the if the idea of rewriting the constitution is because you have been saying china is an adversary. i think we are looking for some short-term wins on trade and investment, but i would not expect this as a fundamental rethink of the relationship. yvonne: thank you. michael spencer will be back in a moment. up next, more on what happened overnight with the ecb. what could affect the eurozone as global risks are mounting? this is bloomberg. ♪ yvonne: the european central banks confidence in the euro zone economy is about to face a seven-week test. enddata over that time will with updated forecasts for the final policy meeting of the year when mario draghi and his team must judge whether to halt the bond buying program. for the time being, he admits recent weakness is either tempor

you have shinzo abe up there are expecting —— inspecting there are expecting —— inspecting the troopsbusiness with japan and the potential is enormous. this is the potential is enormous. this is the number two and number three economies in the world. what can they achieve if they could put to one side their political differences? the potential is huge. and as you say they have often been rivals for influence in the region but they have one frustration in common, correct? absolutely. the united states and its trade policies. china is stuck in this unfolding trade war with the us that japan has its own trade headaches with its us so they do have something in common. and for both of them, they are trying to plug holes in the economies of the other which are coming as a result of those trade tensions with the us. ironically, the trump administration could end up pushing japan and china closer together as a result of trade tensions between all of them. thank you very much. now it's time to get all the latest from the bbc sports centre. hello, i'm azi farni. coming up in your friday sport b

it is a big issue, still, particularly for shinzo abe? that is right.prewar leadership of the country. he and his main constituency, his political base, as well as the political base of the mayor of osaka is very connected to the idea that yes, the japanese army did terrible things in the pacific war, and world war two, but it was nothing so unusual. it was the same sort of violation of human rights conducted by many countries at the time. the prime minister's perspective is that japan should not be singled out. ever ready view that come as a way we getting the blame is that we didn't do anything worse than anybody else did. we have seen a monument to the comfort women going up in taiwan in the 2a hours, but shinzo abe's government to the philippines, and they got rid of one of the beach. but there is no doubt that comfort women existed on a large—scale. that comfort women existed on a large-scale. the japanese right—wingers not say that the comfort women didn't exist. the extreme position is that these were professional prostitutes and not victims ripp

i think this is a tremendously important visit for shinzo abe and cheating thing. in beijing between these two neighbours to seven years. that is an extraordinarily long time for two countries of this importance, the world ‘s second and third—largest economies, the biggest economies in asia, the two military and strategically powerful countries in asia not meeting for that amount of time is the strange. japan has wa nted time is the strange. japan has wanted this meeting for sometime. at least since 2015, and has been pushing for it. is really the chinese are now decided and xi jinping has decided himself it is time to thaw relations which have been on ice over various things, history, territorial disputes, all sorts of things, for a long time. this is really china opening up to japan and what is really behind this for the chinese, is a trade war with america. it is an opportune moment for china to get closer to japan. briefly, is anything concrete to come out of this? i think there are going to be lots of nice word and commitment to free trade. interesting that ch

japan's prime minister shinzo abe is in beijing, for a summit with chinese president xi jingping.even years. live now to beijing and our correspondent, steve mcdonnell. so, steve, relations between these two haven't exactly been brilliant for the last few years. what's changed? the big thing that's changed is a trade war with the united states. you know, it's funny that the policies of the trump administration do seem to be... whether they're right or wrong... pushing tokyo and beijing closer together. remember, it's not only china that has trade problems with the us, japan has its own trade woes to deal with with the united states, so i guess both leaders kind of need each other more. their countries need each other more than they previously did and imagine the potential, when shinzo abe and xi jingping talk to each other today, this is the leaders of the number two and number three economies in the world, imagine that potential! up until now, apart from these territorial disputes in the east china sea, a big step to get over is just the just the liking tensions over world war tw

a warm invitation from the japanese, shinzo abe seems he is opening his arms after brexit. a lot of the focus is on the uk's relationship with the european union, while it be all these at a recent of trade deals we may have put the eu, but this is an interesting reminder that there and a lot of other trading blocks out there, and possible opportunities for the uk. the japanese prime minister has said he would welcome with open arms into this trade pact with open arms into this trade pact with 11 other countries including canada and australia, and a lot of growing economies. the vast amount of growth in the economies of the world in the next 20 years will not be in europe. theresa may, of course, will see this as music to ha rd yea rs, course, will see this as music to hard years, and april brexiteers will see this as good news, but trading with countries that far away is not as far as trading easily with france and germany. absolutely correct, and that has to be taken into account, but also the fact that this is growing economies has to be taken into this is growing economi

japan's prime minister shinzo abe is in beijing, the first such visit for seven years. relations between the two nations, the world's second and third—largest economies, have been strained in recent years. and this video is trending on bbc.com: the philippines is re—opening the resort island of boracay. it was shut for six months to clean up the damage after years of mass tourism. it will now limit the number of visitors. that's all. stay with bbc news. i'll be back again at 1am with mariko oi for newsday, but now on bbc news — hardtalk. welcome to hardtalk. afghans will have to wait until next month to get the results of last sunday's parliamentary election. but in one sense, the verdict is already in. the ballot again exposed widespread insecurity and the absence of government control in many parts of the country. my guest today is the president's recently appointed and strikingly young national security adviser, hamdullah mohib. has the us government decided to engage with the taliban regardless of the wishes of the afghan government? hamdullah mohib in kabul, welcom

japan's prime minister shinzo abe is holding formal talks with chinese leaders in beijing — as asia'sthe face of us tariffs. it's the first official visit to the country by a japanese head of government in seven years. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the telegraph and sir philip green, who now has been named as the uk businessman who obtained an injunction against the paper to prevent it publishing details of sexual harassment allegations. the new york times says brazil is facing a threat from the far right and a storm of populist conservatism as new political candidate and trump admirer, jair bolsonaro, is expected to win the country's presidential election on sunday. the times world section reports saudi arabia has acknowledged for the first time the killing of journalist jamal khashoggi was premeditated, backtracking on its previous claim that he had died accidentally during a fistfight. there's a bloomberg online opinion piece whick looks at us president donald trump's use of his personal iphone and wa

a summit between these two men, indian prime minister narendra modi and japanese prime minister shinzo abed countering china's growing influence is high on their agenda as a formal launch of negotiations of a military logistics pact is expected to be the highlight of the meeting. other details on the rise horizon are the sale of japanese bullet trains and an agreement at welcoming more skilled indian workers into japan. a university professor says this is another step in improving the relationship between the two countries. the economic ties are getting a lot better. japan has a lwa ys getting a lot better. japan has always been an ardent investor in india but at the same time, as you just reported, we mutually have a problem and that's aggression from china and in that sense there is a lot we can incorporate, especially in the situation where we are seeing this regression towards conservatism very much led by mr trump, which is very much led by mr trump, which is very u nfortu nate for very much led by mr trump, which is very unfortunate for the free world so basically we need to unite a

in an interview with the paper, shinzo abe said britain would lose its role as a gateway to europe afterwould still be a country equipped with global strength. the independent says the world is getting a climate change ultimatum ahead of major report from the un's intergovernmental panel on climate change tomorrow. the daily telegraph says police are setting targets to investigate fewer than half of reported crimes. it says one of the uk's largest forces has decided it should screen out 56% of cases. the sun's headline, ‘blame it on the boozy‘ refers to the so—called curse of strictly. two of the show‘s stars, seann walsh and katya jones, have apologised to their partners after being photographed kissing. the daily mirror leads on the apology from the strictly pair as well and they have a photograph of jodie whittaker after the first episode of the new series of doctor who, broadcast earlier this evening. a mix of stories on the front pages, let's have a closer look. caroline, starting on the times, skipping over the lovely picture of the dogs with their brexit... the lovely picture of t

japanese prime minister shinzo abe is promising to increase cooperation between japan and china. he says both countries are responsible for the region's peace and prosperity. global news, 24 hours a day on air and on tictoc on twitter, powered by more than 2700 journalists in more than 120 countries. i am mark crumpton, this is bloomberg. shery: live from bloomberg world headquarters, i'm shery ahn. amanda: and live in toronto time -- toronto, i am amanda lang. here are the top stories we are following from around the world. slump steepen's, a look at why investors with equities are seeing the lowest it has been in a while. and financial companies are happy to support diversity programs during good times, what happens in a bear market? and tesla electrifies investors, expectations are running high after companies move earning results up by a week. we have been talking about has led, the expectations seem high, or at least the hopes -- we've , thetalking about tesla expectations seem high, or at least help, i wonder if there will be any disappointment. shery: given that they want

high level talks before he travs to north korea tomorro pompeo met with japanese prime minister shinzo abe to coordinate a unified policy toward north korea. the u.s. is under increased pressure to push north korea into giving up its nuclear weapons. pompeo is also seeking to arrange a second summit meeting between president trump and north korean leader kim jong un. the secretary of state will alsn travel to chinsouth korea during his three-day asia tour. the candidates in bril's presidential race are wrapping up their campaigns today before tomorrow's election. far right front-runner jair bolsonaro promises to privatizep state ies, relax environmental rules for farming and mining, and block the legalization of abortion and gay marriage. workers party candidate fernando haddad is bolsonaro's closest rival. ered the race just a mon ago after former brazilian president iz inacio lula da silva was barred from running when he was sentenced to prison on corruption charges. if no candidate winsority, there will be a second run-off between the two top candidates on october 28. first lady melania

japan's prime minister shinzo abe is on the front of the the financial times, after he made an announcementk into the trans—pacific partnership with "open arms" after it leaves the eu. and trade is also on the front page of the south china morning post, this time between hong kong and the united states. they quote hong kong's commerce secretary insisting that us trade will continue with the territory, despite the us china trade dispute. that brings you up—to—date with some of the papers. polls have closed in brazil, in a series of elections which observers say is the most polarised contest for years. the front—runner for president is the far—right politician, jair bolsonaro, who was stabbed on the campaign trail last month. the former army captain has vowed to tackle crime and reduce the high murder rate. according to the latest reports, the first exit polls suggest that jair bolsonaro, has done best. he's projected to take 45% of the vote, ahead of the left—wing workers party candidate, fernando haddad, with 28%. the two front runners will now face each other in a runoff at the end of octo

and shinzo abe pledges to strengthen co—operation with india, as narenda modi‘s visit to japan draws

asian giants japan and china discuss trade and currency cooperation, as shinzo abe makes the first officialo beijing by a japanese prime minister in seven years. markets opening in negative territory across europe. all in the red. who will blink first in the impasse between italy and the european commission over the country's budget plans? and what will be the potential impact on the oil price of the second round of sanctions against iran, due to come into effect next week? we'll get the thoughts of our economics correspondent, andrew walker. today we want to know, if you were subjected to bullying or misconduct at work, would you report it? let us know — just use the hashtag bbcbizlive. hello and welcome to business live. welcome to the programme. are tech stocks in for another hammering after disappointing quarterly earnings reports from two of the so—called fangs? that's the acronymn for facebook, alphabet, netflix and google. thursday saw some respite after strong figures from twitter and microsoft. now amazon — the world's largest online retailer — has reported record profits of $2.9 b

indian prime minister narendra modi is in tokyo, where he'll meet his japanese counterpart shinzo abes will discuss trade, security and the growing influence of china. rupert wingfield hayes is in our tokyo bureau... hello, rupert, fozz on the agenda today? it's all about japan and india and what they call the indo pacific strategy, a free and open indo pacific, it's a term we hear more and more in this part of the world and it's really about countries like japan, india, australia and the united states getting together with this sort of strategy of a three trade and a free movement of goods and a rules —based order between the indian ocean basin and the pacific ocean basin. this idea has been around for ten years oi’ idea has been around for ten years or $0 idea has been around for ten years or so but it's really gained currency in the last few years, really as a counterbalance to chinese ansel marengo modi being in japan and talking to the japanese prime minister, they have a close relationship, this is the 12th meeting, this is about building the counterbalance and building a relati

it says shinzo abe has decided the economy is strong enough to raise consumption taxes from 8%—10% next picture on its front page. it's of swimmer ernie gawilan, who won three gold and two silver medals at the asian para games. congratulations to him. that brings you up to date with some of the papers. now, babita, what stories are sparking discussions online? it's all about novak djokovic, who's just cruised to victory in the shanghai masters. he beat borna coric 6—3, 6—4 in china and that let'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

in a couple of hours‘ time, shinzo abe is due to touch down in bejing.n strasbourg, the winner of this year‘s sakharov prize for human rights will be announced. and then later on, trade ministers from 12 countries and the european union are meeting in canada for talks on reforming the world trade organisation. it‘s time to get all the latest from the bbc sports centre. hello, i‘m azi farni. coming up in your thursday sport briefing... the next tour de france route is going to be revealed later. a messi—less barcelona win again in the champions league. and some of the world‘s top golfers try their hand at badminton. just how do you break the dominance of team sky? that‘s what their competitors will be asking themselves on thursday when the route for next year‘s tour de france is announced. geraint thomas won the team‘s sixth tour in seven years when he crossed the line at the champs elysees in july. and teams will be able to start plotting their tactics for the next tour when the full route is presented in paris later. chelsea are looking to make it three

japan's prime minister, shinzo abe, is holding formal talks with chinese leaders as asia's biggest economiestion in the face of us tariffs. he has already met leaker chang, the chinese prime minister, and will later meet xi jingping, chinese prime minister, and will later meet xijingping, the president of china. relations over the last few years have been frosty. —— wanna. there have been regional and territorial differences, but now the us sanctions on china are pushing the two regional powers closer together —— li keqiang. stay with us on bbc news, still to come: america's drugs crisis we have a special report on the worst public health emergency in us history. indira gandhi, ruler of the world's largest democracy, died today. only yesterday she spoke about dying in the service of her country and said i would be proud of it, every drop of my blood will contribute to the growth of this nation. after 46 years of unhappiness, these two countries have concluded a chapter of history. no more suspicion, no more fear, no more uncertainty. booster, ignition and liftoff of discovery with a crew of

organized ousting openness rather by their school was forty people were rescued japan's prime minister shinzo abe and his country's says his country's relationship with china has reached an historic turning point as the first japanese leaders a visit beijing a formal visit in seven years but you countries have signed a series of trade agreements. killjoy it from competition to cooperation relations between japan and china are in the process of entering a new era we agreed to move forward towards realizing peace cooperation and friendship this includes taking measures towards averting maritime accidents in the east china sea and working towards establishing a hotline as soon as possible between maritime an aerial communication mechanism three journalists have been released from detention in myanmar as the country's president intervened the men work for the country's largest private newspaper arrested earlier this month following the publication of a story alleging that officials in the ngo on had mismanaged public funds one of the world's most popular tourist islands has reopened in the philippine

have frequently been criticised for paying modest amounts of tax in the uk. japan‘s prime minister shinzo abetrans—pacific partnership trade deal. the tpp is a trade agreement between 11 countries, including japan, canada, australia and malaysia. mr abe told the financial times that japan would welcome britain "with open arms". he also urged the uk and eu to use "wisdom" to avoid a no—deal scenario on brexit. the far—right candidate in brazil's presidential elections, jair bolsonaro, has beaten rival fernando haddad to win the first round of the vote. markets have reacted postively to the news, with bolsonaro's promise of privatising state—run enterprises and giving the central bank greater independence — which has appealed to investors. emerging market currencies rose against the us dollar after the first—round result was announced. we are going to take you back to china now. china is to cut the amount of cash banks must hold in reserve as part of efforts to support its economy, amid an escalating trade war with the us. tim mcdonald is in our asia business hub in singapore. give us more deta

can shinzo abe's trip to beijing help repair relations between japan and china?he philippines' boracay island is back in business after closing for a six month clean—up, but there are new rules. you all know what to do.

today marks the start of shinzo abe's three date trip to beijing. it will be his first trip to the city in three years. haidi: let's get you the first word news with jenna dagenhart. enforcement agencies are investigating apparent explosive devices mail to barack obama and cnn'sy clinton as well as offices in new york city. on monday, police detonated a pipe bomb at a new york residents of billionaire george soros. president trump called the acts abhorrent. the crown prince of saudi arabia has promised justice in the murder of journalist jamal khashoggi. speaking at the kingdoms investment conference, the prince said he would bring the prevent theourt and diplomatic breach with turkey. he offered no new information about what happened in the saudi consulate in istanbul query >> it is a heinous crime that cannot be justified. today saudi arabia is carrying out all legal things to finalize the investigations, to work with and cooperate with the turkish government and to present the perpetrators to the court and take their judgment. >> microsoft posted

relation seem to be warming after shinzo abe became the first japanese prime minister in seven years to china. president trump will be holding talks with xi jinping next month. we are joined by enda curran. what was the result of this summit between shinzo abe and xi jinping, and can they promote a united front? was a significant development. there were agreements of cooperation in areas from the currency swap arrangement to cooperation in ocean search-and-rescue. but it is less about the agreements that were made between the two governments and more about the fact it really happened at all despite years of tensions over territorial disputes and other issues. it was a great amount of progress that the minister operate -- prime minister abe could go to beijing. it also puts a spotlight on the kind of tensions the u.s. is generating in asia at the moment. president trump's hawkish trade strategy and coming out of a tough look at the u.s. relationship with japan. it is pushing japan and china closer together. you wouldn't want to overstate what is happening. the remains plenty of differ

christine lagarde had a message for primary shinzo abe of japan.ature policies for boosting growth seem to be revamping. in september, the japan, hit a new record, nearly 70,000 people over 100 years of age. it already had the most per capita in the world. and the number in the population is 69% older compared to 9% globally. in less than 50 years, the working population could shrink to nearly half. the relation to openings to applicants could reach an all-time high. some proposed solutions include worker robots or a free immigration system, but there's one woefully under used resource right at home. women in their prime have actually flooded the workforce in japan in recent years, the female labor force participation rate has surpassed that of the u.s. 32% of female workers are part-time. compared that to the same number of workers in the united states. why is this happening? discrimination is undoubtedly part of it. japanese women complain on being put on a mommy or noncareer track as opposed to a management track. part of the problem is japan's

shinzo abe has told myanmar's investigationble is key to resolving tensions in the country.nt news conference in tokyo that japan will support efforts to accommodate rohingya to return home from refugee camps in neighboring bangladesh. myanmar's military is accused of widespread rights violations. for two years, the imf is the economy will grow 3.7% this year and next. the imf blames an escalating trade war and stresses emerging markets. we will have more on this coming up. global news 24 hours a day, on air and on tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. ♪ david: the imf sees problems ahead for global growth because of trade disputes. that its outgoing chief economist says the forecast could turn around if the united states and china could come to terms of a trade. >> the possibility that china and the u.s. resolve their disagreements would be a significant upside to the forecast. at some level, it is not surprising that we are more tentative in our optimism than we were six month ago.

shinzo abe will travel to china this month for his first formal visit in seven years.proving relations between the rivals along with trade and investment, talks are expected to touch on efforts to denuclearize north korea. the price tag for hurricane michael could be at least $25 billion. the fourth stronger storm ever to hit the u.s. mainland devastated towns. disaster mother says private insurers will get hit with up to $10 billion in claims. half of the damage will not be covered by insurance. u.s. health officials are stepping up efforts to help an epidemic of underage electronic cigarette use. the fda sent warning letters to companies that their products may be violating the law and could need to come off the market. vaping among teenagers has increased dramatically. global news 24 hours a day and at tic toc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i'm kailey leinz. this is "bloomberg." thank you. coming up, on battle of the charts, netflix. we have got a must see chart on that. this is "bloomberg." ♪ vonnie: it is

. >>> thesic secretary of state making a stop on the way to -- with shinzo abe, after that he will headyang where he'll meet with north korean leader, kim jong-un. they're likely to discuss denuclearization and possibly a another summit between kim and trump. >>> we'll follow all the developments. we'll get you the latest from washington. your insurance rates skyrocket after a scratch so small you could fix it with a pen. how about using that pen to sign up for new insurance instead? for drivers with accident forgiveness, liberty mutual won't raise their rates because of their first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ so let's promote our falle a homecomingtravel dealame, on choicehotels.com like this. touchdown. earn a free night when you stay just twice this fall. or, badda book. badda boom. book now at choicehotels.com we distributeus, i'm the owner environmentally-friendly packaging for restaurants. and we've grown substantially. so i switched to the spark

. ♪ populationstricken is forcing the country to look for new workers, and prime minister shinzo abegoals is to create a japan in which women shine. the name given, womenomics. but while women have seen some success in the workforce, it still faces serious chondral hurdles. -- cultural hurdles. this is the challenge of breaking down gender bias in japan. abe once 30% of leadership positions to be filled by women. he has urged listed companies to appoint women to executive and managerial roles. he is working to fix japan's day care shortage, while encouraging workplaces to be more accommodative, some others are more inclined to rejoin the labor force. and it is working, sort of. labor participation rose from 46.2% to 49.8% in 2017. >> but most of the women that have been added to the workforce are working in these relatively low paid, part-time jobs, a mismatch with his goal of getting more women into management. >> although he frequently touts the success of it, a close look highlight they were culture that systematically excludes women. an expectation that women should stay at home

sharingand ici bank today, shinzo abe is also set to hold formal talks with leaders in beijing, japannd china are set to reportedly sign a few deals? so much, sophie kamaruddin. let us get to the details for what could be a short-lived bounce back in tax. earnings from twitter, microsoft and the tesla helped the s&p 500 erased most of yesterday's losses. there were some less than stellar numbers. keenan has the details. expectations were pretty high in the first place, one they? su: yes, but they did not manage to erase all the losses of the week and the s&p is still on track for its worst monthly loss years. take a look at the returns, what we can shape is where that strength was, at least in this most recent trading day. what we have is a lot of green on the screen. 10% gains for amazon and microsoft, the big movers. what i could tell you about international paper, and grab attention because -- if we could see the movers of the day -- talked about tariffs, saying that they were reporting as much. damage as had been expected. investors like that. looking at the other movers, you also

shinzo abe once 30% of japanese business leaders to be women by 2020, but change has been slow so farnly 4% of managerial positions are held by women in the country. manus: bloomberg.com, theresa may, she is trending, facing a political battle of her life to maintain control of the uk's conservative party. seems to be the event every year. the annual conference begins today. the prime minister and her brexit plan come under increasing attack from the eurosceptic politicians. nejra: and our most read stories, third-place nordea bank moves headquarters to helsinki from stockholm. we just spoke to the ceo. the second, it unless pushes has the employees to make as many cars as possible. at the top, u.s. and canada agree on a trade deal. find out more across all bloomberg's reference now. manus: oil is very much in focus, extending its gain after the longest quarterly rally in nearly a decade. that's the slow down in american drilling added to supply risks. president trump and king abdullah discussed it during a phone call saturday. will hobbs is our guest host this morning, head of invest

this month on a trip to tokyo, imf chief christine lagarde had a message for shinzo abe of japan.aimed at boosting growth desperately needs revamping. that's because the japanese population is aging dramatically. in september japan hit a new record. nearly 70,000 people over 100 years of age. it already had the most per capita in the world. and 27% of the population is 65 or older compared to less than 9% globally. all this has stunning implications for japan's economy. in less than 50 years, the working population could shrink by nearly half. already firms complain of labor shortages and the ratio of job openings to applicants has reached a 40-year high. all this means japan could lose a percentage point of gdp growth over the next three decades according to the imf. some proposed solutions include worker robots or a free immigration system. but there's one woefully underused resource right at home. women. women in their prime have actually flooded the workforce in japan in recent years. the female labor force participation rate has now surpassed that of the u.s. but as a recent

shinzo abe said he would fire three arrows at the plunging economy. they say that more needs to be done. for an our is bracing storm that threatens south korea. the typhoon is approaching with heavy rain and winds gusting to 180 kilometers per hour. awa andrts of okin other islands have helped the storm. flights were canceled at the airport. their forecast is that it will pass on its way to north korea. global news, 24 hours a day on air and tic-toc on twitter, powered by more than 2700 journalists and analysts in 120 countries. i'm jenna dagenhart. this is bloomberg. shery: more now on the selloff in u.s. markets, dominated by a decline in stocks. chipmakers were among the weakest, where treasury yields hit multiyear highs and gold advanced. our reporter has the advantage -- has the details. reporter: we closed off the lows of the session, which is significant. we closed with less than a 1% drop for the s&p and the doubt. the nasdaq was the heavy hit. key source of losses, which we will get to shortly. on the banking index, financial firms were the s

shinzo abe also said that he hoped the uk and eu would avoid a hard brexit.talonia, going back to the 18th century. the winners of yesterday's event took home the first prize of 14,000 pounds. 0h, oh, my goodness gracious me! one, two, three, four, five... do you have to get down safely as well to com plete have to get down safely as well to complete it? you would hope so. amazing. that is... you are shaking your head. how he does it, i don't know that mo farah... —— bite. —— but. it was little more than a year ago that mo farah decided to switch from track to road — and this was only his third race over the marathon distance — but he broke the european record with victory in chicago. patrick gearey reports. from track to tarmac, mo farah isn't slowing down. he is still new to road running. chicago is only the third marathon he had ever run and yet he has already set a faster time than any european in history. of course, he is used to leading the way. he is britain's most successful track athlete with for a levy gold medals. lucky, he moved to the streets. in

he meet with shinzo abe to discuss north korean policies before heading to pang pyongyang. this they will low back for progress on the denuclearization of the regime. in will be the eighth encounter for the north korean side and the fourth meeting since the singapore summit. >>> still ahead on abc 7 mornings. >> there is a need out there. there is a lot of people in poverty. people needing help. that's why we are here. >> cheryl jennings shows a difference your generosity made. but first heading to break, the time is 8:35. a live look outside from mount tam, you can see the cloud kofiro. lisa argen will have the accu michael vasquez! come over here. i've heard such good things about you, your company. well, i wouldn't have done any of it without you. without this place. this is for you. michael, you didn't have to... and, we're going to need some help with the rest. you've worked so hard to achieve so much. perhaps it's time to partner with someone who knows you and your business well enough to understand what your wealth is really for. . >>> thousands of runners are on the

it's particularly meaningful because you now look at a very strong meeting with the japanese, shinzo abetrump said we'll not hit you with new automotive tariffs. we'll start working on formal trade negotiations. europeans, you and i and alisyn a few weeks ago spoke about how they came to a modus operandi there. everyone but china and that's a much better position for trump to be in because the chinese are the ones most people agree we actually have much broader ranging and real challenges in terms of our trade. >> whenever you begin a phrase everyone but china, what comes to my mind is tpp, a whole global agreement meant to be everyone but china. >> that's right. obama's big failure is that he tried hard to get tpp done and rap out of time and then trump's first major trade initiative when he became president is to rip it up. now, if trump really wanted to be in a good position with the chinese now on the back of a new post-nafta deal, he should say now i'm going to go and negotiate tpp. >> the president who likes to make deals got one overnight. we'll hear from him at 11:00 today. ian b

he met with prime minister shinzo abe to discuss their north korea policies before heading to pyongyang. there pompeoh k jong un as the trump administration looks for some progress on the pursuit of the regime's denuclearization. this will be the eighth encount we are the north korean side and fourth meeting since the singapore summit. >>> back here at home, the strike against marriott hotels continues this morning. >> what do we >> 200 employees walked off the job at oklahoma marriott joining 2,500 union members going on strike thursday. strikers are now walking lines outside nine bay area marriott properties. including in san francisco. they say they've been working without a contract since august and are calling for higher wages, better workplace safety and job security. >> we'd love to get back to the table. we want to negotiate this contract. we don't want to be out in the street. but we are willing to do what we have got to do. >> unite here union members are also on strike in sacramento and boston. marriott tells abc 7 news that its hotels remain open and they are disappointed by