to singapore. we talked about how singapore stocks are not looking pretty good this year.g kong, here is how things are looking. the hang seng looking pretty much flat, not much activity today. more forceful and flexible policies ahead. as we look ahead to the new year, our colleagues at bloomberg intelligence have given us their view of the key themes in the financial sense. take a listen. to terms with their plan. they face prospects of -- more competition. , fresh fromchina imf reserve currency growth, will continue to open up equity, and credit to outside investors. andglobal traders, high-frequency traders, will see a cut down, which may cause them to question. market liquidity especially in bonds and equities may dry up as a result. >> due to the following interest rate in asia, people macy's to go overseas while engaging in m&a. insurance premiums growth is accelerating as the government rules income and addressing the asian populations needs. chinese companies are throwing money at south korea at a record pace. president xi jinping dream to make the economy more te

and singapore regarding those who pass by every day, al jazeera, singapore. >>> competition to chooseicial logo for the 2020 tokyo olympics closes on monday and likely to end at least one of the many embarrassing chapters to the committee as harry faucet explains. >> since the victory in the biddle process viewed as a way of showing japan could rebound from the triple disaster of tsunami and earthquake and there was a logo ban a graphic artist in belgium that sued the tokyo logo for similarities to his design for a belgium theatre and that is why that design was scrapped and open to everyone in japan over the age of 18 to submit an alternative and there have been thousands of submissions and among the favorites people have seen is the low go of cherry blossoms and one done by a graphic artist of an opening fan and not clear if they are open for competitions but it will be evaluated in early january and narrowed down and the selection will be made but a bigger problem surrounding the site itself and the design by the british architect was spectacular but the construction budget swells

singapore's central bank knows it too well.tary policy twice this year, the last in october. the quarter has been cut. bad enough, the market has been slammed. lower by 15% year to date. tough times for singapore. yvonne: nice to see you are still smiling. is expected to pick up next year. can singapore get on board? >> you know what, the impact would be limited. growth nextnt said year between 1% and 3%. singapore may not benefit from the world recovery all that much. with china slowing, it will be tough. joining us live from singapore. thank you so much. currencies now, and more on asia. great to see you. we were just talking about oil. this story really hurting most of the currencies this year. , you think,s still a strong rally here, at least until next year? >> yes. we really think the risk-reward for the first quarter does favor of the dollar index, heavily weighted to euros. that the fed is planning to hike rates over the course of 2016. we think that is well underpriced. we think the economic momentum and the first quar

of the singapore government. perhaps there is a degree of reluctance to open up that pandora's box. >> reporter: a lack of sharing information continues to create uncertainty and fear for the thousands of sailors who pass through south-east asia every day >>> a competition to choose the official logo for the 2020 tokyo olympics closes on monday. it is likely to end at least one of the many embarrassing chapters for the olympic committee >> reporter: since the bidding process viewed as a way of showing japan could rebound from the 2011 triple disaster, there has been a series of very embarrassing missteps. one of them has involved the logo. there was a graphic artist in belgium who sued the tokyo logo for its similarities to his design for a belgium theatre. that's why that design was scrapped and it was opened to everyone in japan over the age of 18 to submit an alternative and there have been thousands of submissions among the favorites are the city logo of schery blossoms and a spain-based japanese graphic arti

the financial sector in singapore is very strong, quite influential and it is autonomous of the singapore government and so, perhaps, also there is a degree of reluctance to really open up that pandora's box. >> reporter: lack of law enforcement and a reluctance to share information among singapore, malaysia and indone she shah continues to have fear every day. -- indonesia >>> a competition to choose the official logo for the 2020 tokyo limb particulars closes on monday. -- olympics. this is an embarrassing chapters for the olympic committee. >> reporter: since the celebrations of tokyo's victory in the bidding process, viewed as a way of showing japan could rebound from the earthquake t sushgs unam i and nuclear crisis. one step has involved the logo. there was a graphic artist in belgium who sued the tokyo logo for its similarities to his design for a belgium theatre. that's why that design was scrapped and it was opened to everyone in japan over the age of 18 to submit an alternative. there have been thousands of submissions. among the favourites the people have seen are the initial c

to 60% in this vicinity where they're traveling south of singapore are away from the singapore island the south china sea. >> this man's oil tankers have been hijacked by pirates three times in the last year. >> of course we're very concerned. we have started our own sop on how to deter this. >> the ship owner is reluctant to carry armed guards. he relies on the malaysian navy to protect his ships and crews. but navy commanders say that ship owners should be more ale alert. >> the zero kind of policy. therefore, i request all mariners out there please observe good practices. should they see any suspicious contact approaching you, days and nights, we must be alert. >> the armed guards are offering equipment to scare off pirates with sound or water. ththey're not allowed to enter into each other's territories. this is seen as an important solution to combat piracy in southeast asia, but the problem is on the land where leaders of pirate syndicates are able to evade arrest. >>> sources in indonesia say that the financier of the hijacking has yet to be arrested. navy and police spokesman

it is influential and it has always been autonomous of the singapore government. perhaps there is a degree degree of reluctance to open up that pandora's box >> reporter: lack of law enforcement appeared a reck luck tans to share information amongst singapore, malaysia and indonesia creates uncertain and fear for those passing through south-east asia every day >>> the competition to choose the logo for the 2020 olympics ends on monday. >> reporter: since the celebrations of tokyo's victory in the bidding process showing that japan could rebound from the 2011 triple disasters, there has been a series of very embarrassing missteps. one has involved the logo. there was a graphic artist in belgium who sued the tokyo logo for its similarities to his design for a belgium theatre. that is why that design was scrapped and it was opened to everyone in japan over the age of 18 to submit an alternative. there have been thousands of submissions among the favorites that people have seen, the initial canned daylight city logo of cherry blossoms and another showing an opening fa

the smartest country is singapore. what are they doing right there and what can the rest of us around the globe learn from that? you wouldn't know by looking at it. stuffed animals. colorful books. lots of toys. but this is the bedroom of aiden naw, one of the smartest kids in the world. >> this one is key. >> we realized he's kind of gifted at a very early age. i would say maybe about 8 months. >> this one is g. >> he's drawn to numbers and shapes and colors. he was able to recognize the alpha bets right about 8 months old. >> his iq was first tested at age 3 and was 142. making him a 3-year-old genius. now raising a kid that smart can be daunting. >> there is a mismatch between the intelligence development as well as his psychological developme development. there might be issues with him not being able to express his emotions appropriately at that age. >> so far it seems aiden expresses himself just fine. he acts and looks -- well, his age. 5 years old. but watch what happens when you give him a math problem. >> you

man is yet to be arrested and people in singapore have not responded to questions from al jazeera. >ngapore wants to deny that its citizens or its residents may necessarily be involved in piracy activity and financial sector in singapore is very strong and very quite influential and it's always been slightly atonomous with the singapore government and reluctance to open up the pandora's box. >> reporter: lack of law enforcement and reluctance to share information with indonesia and malaysia creates fear and thousands of sailors who pass through southeast asia everyday, al jazeera, singapore. >>> nepal two million who lost their homes in earthquake earlier this year still waiting for help and rebuilding has been delayed after political parties cannot agree on who should head the reconstruction authority, now the government thinks it has found a way forward and we report now from kathmandu. >> reporter: on the edge of kathmandu he and his wife make a small amount of money by preparing wool for knitting and he lost six members of his family during the quake when his house fell and seven

singapore. >> singapore is a fascinating case. they had no skills, they had nothing. and now, today, they are one of the best-performing economies in the entire world. they did it, largely, with education and training. >> mark tucker is with the national center for education and the economy. he has another simple explanation as to what makes singapore tops in education. the teachers. >> they made an absolutely key decision. they decided to source their teachers only for kids who came out of high schools with a levels. >> to see the impact of the highest level teachers, we tagged along as sleepy-eyed aiden arrives at pat's schoolhouse. we p wawanted to see what a wor class education looks like, feels like. >> well, i think the first years of a child's life is very important. so when you have a very confident child, that child's confidence, you know, will carry him or her through primary school, as well. not only do you want a child as smart, right, but you also want a child who is resilient. >> in singapore, whether you're born a genius, or not, education is inescapabl

the weapons have ton locked away, a singapore based security company says it regularly provides armed guards to shipping companies. >> easily about 55 or 60% in this vicinity, when they are traveling south of singapore towards the islands or away from the singapore island towards south china sea. >> shipowner's pilots have been attacked by pirates. >> we have started our own sop in how to deter this. >> the ship owner is reluctant to carry armed guards. he relies on the malasian army to protect his ships and crews. but ship owners should be more alert. >> zero regard to piracy. i request all mariners out there please observe the good practices. should any suspicious contact approaching you at any time, days or night, we must be alerted. >> reporter: the site's armed gart security firm is offering equipment to scare off pirates with sound or water. patrols have been stepped up but they're not allowed to enter each other's territory. while joint sea patrols are seen as an important solution to combat piracy in southeast asia, experts say the biggest threat is on the land. three months a

the financial sector in singapore is very strong.t's quite influential, and it's always been slightly autonomous of the singapore government. so perhaps also there is a degree of reluctance to open up that pandora's box. >> lack of law enforcement continues to create uncertainty and fear. the thousands of sailors who pass through southeast asia every day. >> let's bring you some breaking news that we're getting in al jazeera. two afghan police officers, we're told, have been killed by gunmen in appears wha to be an assault in direct nine. the afghan special forces have been decloudy provide and called into action. the taliban is reclaiming the area. th in kandahar city in the south, two police officers have been killed and the taliban claiming responsibility for it. we'll bring you more details when we get it. >> climb talks heat up as delegates from around the world enter negotiations. >>> in sport, four months after being attacked bay shark, nick fanning is in the news again. those details coming up. >> water pressure hitting fault

they are traveling south of singapore towards the islands or away from the singapore island towards south china sea. >> shipowner knows the threat very well. his oil tankers have been hijacked by armed pirates three times in the past two years. >> happening every two weeks and of course we are very concerned and now we have started our own what do you call sop in how to deter this. >> he relies on the malasian navy, but navy commanders say ship owners should be more alert. >> zero kind of policy, therefore i request all minuters oumarinersout there. should any suspicious contact approaching you at any time day or night, we must be alerted. >> besides armed guards, security firms are offering equipment to scare off pirates with sound or water. promise have been stepped up but they're not allowed to enter each other's territory. while joint sea patrols are seen as an important solution to combat prioriticy in southeast asia, they say the biggest problems lie on the land. where leaders of pirate syndicates are able to evade arrest. three months ago, police in indonesia detained a suspe

what does it mean for singapore also?this situation and the shipping industry, none of the assets go out of circulation. some might be sold. they are considering $1 billion worth of asset sales. but those ships and don't disappear. presumablye buy them for a lower entry point and they continue to operate. i think in terms of singapore, that nol is 13% of throughput and is currently the relocation of the agent headquarters. remembering cma itself is a primary port. we would see perhaps its growth volume being focused on that ine rather than retaining the focus in the region. 1-10, hown a scale of happy are assets? processstarted this with the industry really on its heels. clearly, they were not after maximizing price in our view. if you were a distressed seller, they could have waited until industry fundamentals improved. i would say they were fairly comfortable escaping at this point and it allows them to redeploy balance sheets into areas where they can add more value as an active investor. aboutd: i was asking john the

. >>> some caught on dash cam in singapore singapore. we're riding on a motorcycle riding down the street, this motorcycle starts splitting lanes and, well, somebody else is splitting lanes as well, a j walker. >> not much you could have done there. what a dummy, he kept darting through. >> look at his as he crosses the street. >> not only is he jay walking but he takes his left instead of his right. >> maybe he is a tourist because he looked left, right, left instead of right, left, right. he do that in england, like which way am i supposed to look first? >>> speaking of england. >> this bus was in the bus lane and a mercedes is about to come out and -- >> oh. >> right there by the hair of his chinny chin chin. looks like the driver of that driver, luckily it doesn't look like anybody was hurt. >> does the vespa belong in that bus lane. probably not. >> i know you can ride your bicycles in them, i don't think it's supposed to be motorized vehicles. >> i don't think so, either. so that mercedes did not expect to see anything other than t

. >>> some caught on dash cam in singapore singapore. we're riding on a motorcycle riding down the street, this motorcycle starts splitting lanes and, well, somebody else is splitting lanes as well, a j walker. >> not much you could have done there. what a dummy, he kept darting through. >> look at his as he crosses the street. >> not only is he jay walking but he takes his left instead of his right. >> maybe he is a tourist because he looked left, right, left instead of right, left, right. which way am i supposed to look first? >>> speaking of england. >> this bus was in the bus lane and a mercedes is about to come out and -- >> oh. >> right there by the hair of his chinny chin chin. looks like the driver of that mercedes missed the ves pa driver, luckily it doesn't look like anybody was hurt. >> does the vespa belong in that bus lane. probably not. >> i know you can ride your bicycles in them, i don't think it's supposed to be motorized vehicles. >> i don't think so, either. so that mercedes did not expect to see anything other than th

citizenship and moved to singapore and taxes are lower there.huck schumer was so upset he is proposing a of a special expatriate act to bar them from ever returning to the united states. >> tissue repair a proper understanding of the economy works he would see him as an american hero so liquid he did to shield his wealth from the al stretched hands of politicians. those dollars go into a bank and immediately go out to people who need to we should or small business loan or the stock market when we legally shield our wealth and the federal government is the media be redistributed to those who need it is a good thing. >> if you are in singapore the money is in the bank. john: he invested in technology and airport rental starts up. >> kick creates wealth always just like a u.s. bank does not stair lovingly but there are no jobs so when the shield the wealth make gets into the hands of those that are not wait -- rich. john: but if it goes to singapore is lost to america spirit that is a misunderstanding i want to find of bank that pays for deposits a

the shipping group is plunging in hong kong and in singapore.addition, cosco holdings are falling as much as 23% in the early session. this after the chinese government announces plans for a merger creating one of the largest container shipping lines in the world. this is becoming under enormous pressure. greater consolidation out of china is set to really exacerbate that downward pressure on the shipping. i want to talk about the yuan. it is at its midpoint. offshore in particular is weakening for a six-day. we are seeing the greatest decline for the chinese currency since the august evaluation. that is when the evaluation created the trajectory that we are seeing as a last week where -- we have the rmb trading at 6.455. the new currency index is in line with that. this is an attempt by beijing to try and recast the one expectations are going forward. currency is a shift in how are the exchange rate are moving toward a trade basis when it comes to where the yen goes. keeping an eye on the chinese currency today. >> thank you. we are keeping an

there are about half a dozen unicorns in southeast asia, mostly in singapore and malaysia.donesia is going big on e-commerce. it's a new, struggling, kind of fledgling industry in indonesia, but it's something that is ready to take off. a few players are ready to invest and there is a lot of capital going there as well. emily: finally, you predict a number of different countries in asia are going to the moon. of course, this is interesting in light of elon musk's big success in landing a reusable rocket today. why this rush to the moon? tim: we know that china, japan, and even russia have plans to send a mission to the moon, but they will basically be unmanned missions. they will collect samples. send a drone, pick up some moon rocks, head back. as we know, putting a human on the moon is a big step. none of those nations have announced a timeline. our own moonshot prediction is that one of those countries will come forth and decide they want to give it a shot. emily: the united states did it in 1972. elon musk has up to the ultimate goal to mars. tim in taiwan, thank you fo

. >>> this is from singapore. it shows cyclists. they're doing nothing. they're riding on the road. don't ride on the sidewalk, they'll get you for that. this little black car is -- in my way. the window is down. you see it? gives a couple of swerves toward the bikers. then pulls up ahead. >> please tell me he doesn't brake check. >> he brake checks them. everybody locks up, boom. >> and big truck right behind. >> exactly. that truck, and he takes off, leaves everyone behind. you back up the video, it is a very clear video and we get a clear look at the license plate. well, they waited for the police to turn up. this happened four months ago. because of this evidence, they were quite easily able to find the driver of that car and they were convicted of inconsiderate driving, failing to stop and failing to make an accident report within 24 hours. so karma came back around. >> do you know how expensive that type of fine can be? >> i don't know the exact dollar amount, but it ain't going to be cheap and there is going to be a you don't get very many in soing singapore. they may not be

you don't get very many in soing singapore. they may not be drive ing anymore. >> they may have to ride a bike. hope they have a helmet. >> this is where the guy gets attacked by, as he calls it, the cyclists of the water ways. suddenly, kayak! comes out of nowhere. the crazy thing is, it was tide down with three different ties. just happened to come loose at that exact moment. and, boom, straight into the car he was riding in. you this video with little chin chin in taiwan. in her video, she doesn't have the money with her family to travel to all of these amazing locations around the world, which she wants to see. so she took to the internet and asked people around the world to post photos on this facebook page and she went to lunch with a picture. we shared a photo we took on set. one, two, three. cool. we're going to submit this and let's see what she responds with. guess what, she responded with this very cute picture. >> goodness, hers is so much better than ours. >> a lot cuter. yeah. she said, hi, here is my picture for

these include markets like japan, hong kong, and singapore. they are not profitable, not competitive enough. take for example the asia-pacific operation last year, which generated revenue of $1.2 billion. compare that to revenue out of the u.k. -- that's $19 billion. very much behind other units in the company. barclays has been dragged down by this. they're following about 6% this year. this 20% cut of the investment bank workforce would come on top already planned 7000 jobs cut at the investment bank through 2016. just at the end of last year, barclays had around 20,500 people at the securities unit. all of this is coming in the isees that this will ra profitability, as we have a new ceo and he is helping to improve the competitiveness of the banking unit there. angie: jobs cuts seem to be growing trend -- shery: indeed. we are talking about barclays, morgan stanley, credit sleaze, and standard chartered. just last week we heard from sources telling us that morgan stanley is planning to cut as much as a quarter of its fixed income staff, tha

. >> i was trying to take care of the singapore lady. the singapore lady. she was very scared.ar-old lawyer, in mumbai for a one-day seminar. >> i put her in my daughter's shoes and i thought if she would have been on a business trip alone and what would have happened? >> they took us out of the room, made us all lean on the wall and they were talking on the phone and they said, go away from the wall. >> all of a sudden they just shot those women, three women. >> and that young singapore girl, she was crying so loud that she knew they were being shot. it was terrible. i still hear her screams. >> and i was let's pray for those people and we started to pray. >> and we both raised our hands and read the same sura from the koran spoken for the dead so they were shocked, the terrorists. >> i said to my husband, they are going to kill us also. now is our turn. >> they said to go into the room. she said, no, let them shoot us here. i said, no, we don't go. you kill here. we leaned on the same wall. he said, no kill. you brothers. go in. >> and they left. we didn't believe it. you don

they went to singapore. they went to ireland.o congress send those jobs, american jobs to singapore, to ireland, to vietnam, to new zealand. what did, what government did in puerto rico to address that issue. well we lost wealth and government, governors from parties, both parties began to fill the gap with loans. maybe waiting for the economy to rebound. but that doesn't happen. then they began to take loans, to fill the goop and to pay loans. -- fill the gap. between 2006 and 2012. to pay the debt accumulated from 1981 to 2005. i'm sorry, for, 1941 to 2005. . . >> so i decide not to convey the message to puerto ricans to drive positive message that we will, this is the real thing is 2.2 billion dollars, but you know what, we will succeed. we will fight together and we will make it happen. let's forget the past. let's look to the future. so people claim, and i think they are right, that i need to communicate the real problem, and to challenge the creditors and to challenge congress earlier. and i think that that's my main thing

the singapore strait link s malaka and the south china sea. it's a lane that is vitally important to world trade. >>> japanese officials are putting the finishing touches on a draft budget for the fiscal year. ai uchida from our business desk, where are they heading? >> officials are looking to put together a package worth more than 96 trillion yen or $780 billion. that number is expected to exceed this year's which set a record. social security spending is expected to grow to around $260 billion to meet the needs of the aging population. the money will cover the costs of medical and nursing care. the defense budget will come in at more than $40 billion. the government plans to earmark funds for the purchase of is on pray transport aircraft and maneuver combat vehicles. on the revenue side tax collectors plan to bring more than $465 billion. they expect to get more money from corporate and income taxes due to strong business performance and wage hikes. >>> the government plans to reduce the issuance of new bonds in the current year to under $2

it was really commodity players -- noble group in singapore surging by almost 8%.n advanced talks to sell its agricultural state. they closed higher by 10.5%, it biggest jump since february. that is on reports james packard will take some of those assets private. then we have those big rebounding commodity players which is at 10 year lows of australia up 5.5% to be a good sign for its shares in london and also all of this energy producers having a very solid -- china, wally parsons in australia as well. most of the commodities higher as well. the aussie dollar at 72 ahead of an expected lift off from the fed later on thursday. anna: the big day is here, we hours from a potential fed left off. it was from the big names we have been speaking to in the u.s. >> the fed is put itself in position where it has to raise rates or it would lose all credibility. >> it is almost impossible enough for the fed not to hike unless we get some major catastrophe. >> we think it will start to raise rates, it is high time that cycle started. we have an economy that is still slower tha

now it's gone south to the singapore straight. a narrow strait where vessels have to slow to pass. of course, it makes them very vulnerable for pirates, and carrying half of the world's oil. and a third of the world's trade is passing. while piracy is not as violence as what we have seen, there's a lot at stake. we travel to west singapore and malaysia to show how they operate. >> pirates are back in south-east asia, after years of calm, creating fear in one of the world's busiest sea lanes where more than 100,000 vessels pass through every year. carrying oil to china, korea and japan, and son assumer goods. 12 tankers were high-jacked. most cases are unreported. a malaysian shipping company was attacked for a third time. nine pirates carrying knives and guns were arrested, gaoled for 10 years. the way pirates operate has changed. >> these pirates were confined to - you know, they steel the morning group, the shackles. they are not professional. maybe the folks are not trying to do this stuff. but nowadays, they are well organized. it's not easy transferring 700, 800 tonnes of oil.

that will plane was en route to singapore from indonesia in december of last year when it crashed into the java sea killing all 162 people on boards. the aircraft had problems with its rutter control system. now the pilots attempt topped respond to the problem, but the plane stalled and crashed. aircraft maintenance records show the plane had problems with its rutter system 23 times in the year prior to that crash. pilots never sent out a dis industries signal. >> kobe bryant farewell tour begins tonight in front of his hometown fans, lower merion native got rock star welcome when he arrived here in philadelphia, his lakers play the sixers tonight. the first game since bryant announced his retirement. after 20 sees owns of the na. at larry's steaks where they ate, had real nice things to say about him. >> when he got drafted he used to come across the street and come here forlorn watch his buddies, always mild, always calm, never cocky, always the same person. >> bryant ranks thirds on the nba career scoring list with more than 32,000 points. he also has 5nba championships, 17 all-star

looking atre singapore's efforts to boost spending by business travelers. it is on bloomberg.com/asia. the economy growing faster than anticipated. we will dissect those latest figures when "trending business" returns. ♪ rishaad: signs of life in australia's sluggish economy with better than expected gdp data. let's get straight back to sydney for more on this. thank you for joining us. good numbers. the reserve like bank stance has been vindicated. , upooking pretty solid point nine quarter on quarter, bang in line. uswould caution that the trillion dollar is extremely volatile and has to be interpreted carefully and sensitively. i don't think we are out of jail yet here. rishaad: indeed. what about the current quarter, data next, employment looking good? capital expenditure and business investment, another horrible number. >> absolutely. it is quite patchy and said he needsso i to be interpreted cautiously. we strongly suggest putting the strong third-quarter result of , thegether with 0.3% economy is running at a .6% quarter on quarter, or .24% annualize

. >> i was trying to take care of the young lady, the singapore lady because she was very squared. >> lawyer was in mumbai for a one-day seminar. >> i put her in my daughter's shoes and i thought if she would have been on a business trip alone and what would have happened? >> they took us out of the room, made us all lean on the wall and they were talking on the phone and they said, go away from the wall. >> all of a sudden they just shot those women, three women. >> and that young singapore girl, she was crying so loud that she knew that they were being shot. it was terrible. i still hear her screams. >> and i was, let's pray for those people, and we started to pray. >> and we both raised our hands and read the same sura from the koran which is spoken for the dead, so they were shocked, the terrorists. >> i said to my husband, they are going to kill us also. now is our turn. >> they said to go into the room. she said, no, let them shoot us here. i said, no, we don't go. you kill here. we leaned on the same wall. and fahadulla said, no kill. you brothers. go in. >> and they left. we d

in singapore, sydney and more by this hour.ision to production limits increases the pressure on oil. they are determined to drive their rivals out of the game. ofma addresses the threat terror and says freedom is more powerful than fear. he is calling on congress to make it harder for people to kill. not so lucky, and australian picks up another award. some of the world's biggest losers. to follow me on twitter. the trading day is getting underway. the session is on in jakarta. china has just been negative hasn't it heidi? heidi: here we go again with the volatility in shanghai. about 4/10 of a percent higher. we are seeing a much better picture. i do want to talk about china. the securities firm has been making a lot of headlines since august. the stock selloff was one of the messages. bringing asset classes back. the securities firm has said it has been unable to contact you more of its executives. the investment banking business and the leader of the investment banking international unit, both of them cannot be reached. the

they went to singapore, to ireland. so, congress sent those jobs to singapore, to island, to vietnam, to new zealand. what government in puerto rico to address that issue. and government, governors from both parties, both parties, begin to fill the gap with loans. then they began to take loans. to fill the gap and to pay loans. between 2006 and 2012, puerto rico doubled the debt that would accumulate from 1981 to 2005. 1941 to 2005. so, what we accumulate doubled, 2006 and 2012 because two governors tried to fill the gap. and to pay loans with loans. what's wrong and they knew it. they knew the numbers. they were there. so i think there's a shared responsibility. how about you yourself? did you do anything as governor to make the situation worse and knowing now what you know, do you wish you had done anything differently? >> yes. a lot of things. first, i was wanting and i deci decide, asked me in the elevator if i when i was running, fw i thought would be that difficult and the answer was no. the answer is no. the gove

for more let's head over to singapore. really great to see you.s like thailand has avoided being on this safety blacklist out of the eu. what is the major fallout that was averted? >> the impact might not have been as great. europeanave a large union. impacted.irs would be the impact if it does come down later will be minimal. hopefully if they are able to implement this from the plans they have been starting to implement they will be able to avoid it altogether. i don't think the impact is as big as people say it will be anyway. the eu and the u.s. regulators have singled out thailand, in terms of the issues , that is a serious issue. what does this mean in terms of credibility in thailand? >> it doesn't mean anything about the individual airlines. , itcivil aviation authority -- where the fleet in thailand nearly doubled in size. there was new airlines launched. forthe amount of resources inspectors didn't increase. that has been a major issue raised. what has happened is they have to bring in outside expertise to meet the international standard

this is a picture in singapore. looking likeel this. time now for bloomberg west. emily: i am emily chang. this is "bloomberg west." pirate or freedom fighter? a new ruling says kim dotcom can be extradited to the united states. beatles fans finally get their wish, the music debuts on spotify and other services. the world's most popular drone maker tries to stay ahead of the pack with its first retail dealership. and a legal setback for a larger-than-life internet entrepreneur. a court ruled that kim dotcom can be extradited to the states to face charges. following the ruling, he spoke to reporters outside the courthouse. >> this is not the last word on the matter. we will file an appeal. i am still on bail. we will go through the whole process until the very end. emily: after his court appearance, he tweeted -- he also put out a twitter poll asking his followers whether he should be extradited to the united states. joining me now, his lead litigation attorney. what were the results of the poll? >> i do not know yet. emily: the judge has said there is overwhelming

we are getting cpi numbers out of singapore, malaysia by midday today. we're seeing an uptick in oil prices, really helping commodity-sensitive industries across australia and southeast asia. let's look at the movers. the international listed hong kong company surging by 7%. suspended, buto, resuming trading today, up almost 10%. it purchased a $1.1 billion in china's largest bmw distributor to broaden its networks across that luxury sector. noble group is also doing well today. it has announced that it sold the rest of its agricultural unit. that will be used to pay down debt. noble is trying to hold on to its investment-grade rating. thank you. we have some breaking news. a new zealand court has rolled om is eligible for extradition to the u.s., facing charges of copyright infringement, money laundering, and racketeering. we go live from sydney. tell us more. judge found overwhelming that forthat individuals should be extradited, including kim dot com. when the verdict was read out, little emotioned in court. another first out into tears. this case has

try quarter due we operate the core functions from three cities on the planet losses angeles and singapore and install. and to coordinate the support that is called the stakeholder relationships with the schmidts systems to ensure that any stakeholder gets gobbled up service at the time of day in a unified structured way. >> host: how did you get the job? >> guest: was put in the list of applicants. someone suggested i would do well. so my entire career was leveraged on the permission innovation to create companies and value. i was starting another company with my game was put in then i went in front of a number 80 committee and they went through applicants had that was a finalist. i read very humbled and honored of the choice. >> host: joining us to discuss some policies is eric from "politico". >> it is an exciting time for a icann right now so can you speak a little we are you are in the process and what is about to happen to the internet? >> guest: icann needs to provide competition and choice for consumers when they interact and you'd participate so the naming of the old sites in the

all part of the festivities to publicize singapore in the world rugby in april.they cut the mark for 4,002 passes earning themselves a spot in the guinness world record. back to julie in london. >> thank you. i feel tired just watching that. you can find plenty more on our website. you can see our top story. there is plenty of analysis, and you can find that at www.aljazeera.com. i'll be back in just a couple of minutes with more of the day's news. see you then. he >> fighters head to syria. the u.s. announces plans for an international conference to end the fighting. >> hello there, i'm julie mcdonald. this is al jazeera live from london. also coming up. >> donald trump is calling for a total and complete shutdown of muslims entering the united states. >> donald j. trumps sparks international fury as he calls for a ban of all muslims coming to the united states. >>> a palestinian teenager is

records show it malfunctioned 23-times in the year before.the plane was travelling from indonesia to singapore when it crashed into the java sea last december, killing all 162-people on board. while a colorado community recovers from a shooting at a local planned parenthood facility, that event is raising many different questions on the 2016 campaign trail. cbs 2 news reporter about how it's changing two $& big campaign issues. issues. just a few weeks ago candidates were calling for planned parenthood to be defunded after secret videos were released showing planned parenthood officials seeming callouk over the abortions that organization performs. ter the attacks, republican candidates expressed their concern for the community, but renewed their objectsions to the work planned parenthood does.but it's also bringingp gun control. we don't know much aboututhe suspect or his suspect...but jeb bush didn't pull any punches when he said the problem with many mass shootings is the person -- including in this last case.. "this guy's deranged. that the bottom line is that he was inspired because of hi

. >> and the young singapore girl was crying so loud as she knew they were being shot. it was terrible. i still hear her screams. >> and i was like, let's pray for those people and we started praying. >> and we raised our hands and read the same from the quran. so, they were shocked, the terrorists. >> i said to my husband, they're going to kill us also. >> they said go into the room. madam said, no let them shoot us here. i said, no, we don't go. you kill here. we leaned on to the same walls. and the father said no kill, you brothers. go in. >> they left. couldn't believe it. you don't believe it. >> as the eight gunman launched their attacks on the hotels and railway stations, they had threaded their way through the alleyways of mumbai to a jewish study center. brother reminded that killing a jew was worth far more than killing a guest at the taj hotel. the center was run by a a rabbi and his pregnant wife. their 2-year-old son had been put to bed. the neighbors heard what happened when the rabbi and his wife confronted the gunman. >> shoot me, shoot me. >> the two gu

downdity trader noble is for a fourth day in singapore.e company was cut to junk. movies loaded its rate from

the slammers won the final two sets to claim the title over the indian aces in singapore. the highest ranked player beat tomic. he clenched the win. cricket. new zealand have cruised to a win at home over sri lanka over winning the second test in ham tonne by five wickets. new zealand needed a further 47 runs on day four after resume on 142 for five. 108 was scored by one. cuba has reduced the-- produced a number of world champions which is down to the state sponsored training programs. as the country slowly opens up, there are fears the brightest talent will be tempted abroad. >> reporter: in is the boxing gym in the heart of old havana. nearly all the cuba's talent has passed through here in 50 years to go on to win medals at olympic games. the gloves are donated and the ring is precarious. >> translation: they start at eight or nine years old in boxing. it's the age at which they take everything in and when we spot the talent in the child. >> reporter: that potential talent is then nurtured with intensive training and privileged treatment in specialized schools, in base

singapore's iconic hotel being picked up by europe's biggest hotel operator. they have clinched a cash and .hares deal worth $2.9 billion this is a big deal. it is.r: this will allow them to expand the table. there are moving more into the luxury segment. they already own things like soft retail. now they have brands like was -- swiss hotel, fairmont, and iconic offerings. yvonne: what is driving this activity? reporter: they really want to expand new offerings to fight airbnb,etitors, like which is not even listed yet. but they have a valuation more than double what starwood is worth, a company that has been around for a long time. , especiallye people young people, are choosing airbnb. they see it as a threat. yvonne: what else could be a target? reporter: a lot of companies are out there. people have named hiett -- hyatt, starwood, reportedly. if they don't do a deal, they can become a target. intercontinental hotels has received takeover interest. not seriouslyre exploring sl, but people expect something to happen. forne: we will watch out that. thank you.

people on board where killed when the flight crashed into the java sea last night on its way from singapore from indonesia. right now an investigation is underway after a newly-elected mayor in alaska is found dead. was found at his home yesterday. police won' t comment on the manner of death, despite rumors of an assault. but they say there is no evidence of forced entry at the 70-year-old' s home. erika: chicago' s mayor announces a new task force on police accountability. and he' s calling on former massachusetts gov. deval patrick for help. patrick will help advise the group, which will review the city' s current training and oversight of police officers. police officer, charged with murdering a teenager, is free on bond. last year' s shooting death of laquan mcdonald. the black teenager was shot 16 times while walking away from officers. more potential jurors being questioned today in the trial of the first of six baltimore police officers charged in the murder of freddie gray. officer william porter is accused of failing to get medical help for gray during several stops after gray' s

we don't use too many hong kong flavors, but we use asian flavors from malaysia, singapore, korea, japan and mix it together. mrs. pound may not be real, but the food is authentic and customers feast on dishes like the pork belly. and the double fried chicken wings. >> oh boy. >> michelin star tim is the dim sum specialist. they opened in 2009 with customers digging in for fried spring rolls and rolled stuffed with barbecue pork. and yes everything tastes as good as it looks. actually even better. when celebrities and the uber rich need to get around a city this large they have a little secret. the best way to experience hong kong is to walk the streets to be amongst the locals. the best way to see this stunning landscape? by air. >> look at cities like new york, toronto, chicago. hong kong has that kind of skyline. >> a-listers have taken flights from the peninsula hong kong rooftop to get this view. >> operating off the peninsula hotel has to be one of the most unique opportunities as a pilot and a passenger. >> starting right here at the clipper lounge with views of the harbor. then i

singapore technologies has paid back most of the money it is owed. a new report says the t should have foreseen massive problems with the green line extension. consultants hired to investigate the ballooning cost say the t should have known early on that its first estimate of 2 billion dollars was too low. they say the new estimate of 3 billion may also fall short. the report faults the t for not assigning enough personnel to line into somerville and taking a look at first alert traffic. take a look at the bunker hill s moving. s moving. minutes. 128. when you hit 495, that is right between mass pike and 290. that is your look at first solar traffic. can be a controversial medical procedure. jc: the latest on c-sections what experts are now calling a magic number. phil: a local boy living with a tube in his windpipe to help him breathe now for 11 years. doctors and his family new hope t need that tube anymore. jc: plus, a rescue 50 feet in the air. more on the explanation from the with the help of comfort keepers, i'm keeping my mom healthy! i'm keep