a housemaid is a must, even for singapore's lower middle class. suzane tan has arrived to pick up the new domestic worker she ordered by phone. apriana is from indonesia. she's 35 and has a six-year-old daughter, but that doesn't interest suzane tan. all she wants to know is if apriana can clean and cook well. >> one of the maids have been with me, this year will have been the eighth year. that is a philippina maid. if you have a maid from the same country, usually they will have a lot to talk, and then sometimes they are too nice to each other. >> the agency boss tells apriana the rules. no gossiping, no visitors. >> ma'am won't tolerate if you tell lies. you make mistake, you learn from that mistake. and apologize and say sorry, but don't repeat that same mistake. and laziness is really not allowed, right. you cannot be lazy, you must be hard working and pay attention in the training. >> for the first four months, apriana forfeits her entire wages to the agency. a total of 1600 euros. >> i'm not nervous, but i try to follow the instructions in t

i will miss you and i will see you in 2017 but living in singapore means living in a climate thatis singapore summer. so how can you experience a white christmas on the equator? sarah toms and her two children find out. we have had to fryattjackets, boots and gloves because we do not have anything woman enough here in singapore and we needed in snow city in the singapore science centre. inside the air is close to freezing. are you ready to go? back outside, we do not need our codes any more even though it is snowing! well, foaming. this blizzard of foam is an annual tradition and swimsuits are optional. but i do miss sitting by a roaring fire with some warm wine. cheers. and now a special holiday treat for all our newsday viewers as the programme goes off airfor one week. we'll be serenaded with christmas carols by the adventist university of the philippines chamber singers. before we and the programme, let's find out what they are doing here in singapore? first and foremost we are here for the visitation of our churches. in the union. really looking forward to your performances in singapore.

i'm rico hizon, in singapore. i'm kasia madera, in london. that the us must strengthen and greatly expand its nuclear capability. police in australia say they have foiled a terror attack in melbourne, planned for christmas day. seven people have been arrested. let's take a look at some front pages from around the world. the financial times leads with china's dismay over donald trump's appointment of a new us trade policy chief. there he is. peter navarro is a sharp critic of china's commercial practices. the paper says beijing had hoped mr trump would tone down his anti—china rhetoric after assuming office. not so, it seems. the japan times reports a message from emperor akihito on his 83rd birthday. the emperor has thanked the country for heeding his comments that advanced age could one day prevent him from fulfilling his duties. and the straits times reports that malaysia and indonesia are on high security alert for the christmas season. armed soldiers are making their presence felt at shopping malls, clubs and hotels to protect against any

i'm karishma vaswani in singapore. the headlines: a philippine senator who's calling for the impeachment of president rodrigo duterte tells us she fears for her life, but won't be silenced. myanmar‘s leader, aung san suu kyi, calls an emergency meeting to discuss the rohingya crisis. i'm kasia madera in london. after three days of delays and disagreements, the evacuation of besieged eastern aleppo resumes once more. and the original showbiz celebrity, hollywood actress, tabloid star and socialite zsa zsa gabor has died at the age of 99. live from our studios in london and singapore. this is bbc world news. it's newsday. good morning. it's 1am in london and 9am in singapore and the philippines where there's a new twist in the controversy surrounding president rodrigo duterte. a philippine senator, who's calling for the impeachment of president duterte, has told the bbc she fears for her life, but won't be silenced. leila de lima, a former justice minister, said she'd taken on extra security since she began criticising t

singapore stocks are coming online, 0.3% higher.ithd a very strong day nonoil domestic imports. 11.5%,exports jumping and we were expecting a decline of 0.2% electronics, climbing though the highest in over a year. we will swing this one way or another, but very positive day in terms of demand for this part of the world. seeing weakness from malaysia, down 0.2%, tracking the weakness through the other energy heavy markets. really front and center is the dollar dominance story, dollar-yen at the highest we have seen all year, the nikkei 225 up 0.6%. we are seeing nice buying when it comes to export sensitive names, but weakness when it comes to financials. dollar dominance. rishaad: let's get to beijing. tom mackenzie has the first word news headlines. --tom: nintendo is down after the first foray into mobile gaming. that is despite super mario run being the number one download in japan, u.s., u.k. and germany. super data expects super mario run to reach 30 million downloads and bring in $60 million. the game was lost for the iphone

the headlines in singapore. police in berlin released that only suspect from monday's attack on a christmas market. they admit the driver of the truck may still be at large. german chancellor angela merkel attends a memorial service for the 12 people that died and nearly 50 injured. i'm at babita sharma in london. explosions tear through fireworks market at mexico city with at least nine people killed and dozens more injured. living under a cloud. the millions in north—east china stranded by pollution. the world health organization has a recommended annual target of ten and here, according to our little egg, right 110w according to our little egg, right now it's over 400. light from our studios in singapore and london. —— live. this is bbc world news. its newsday. it's 7am in singapore, midnight in london and 1am in berlin where the police could have a manhunt on their hands. suspect arrested on tuesday following the attack in the christmas market has been released and officials admit the perpetrators may still

how close is singapore to wrapping up its investigation into 1mdb? haslinda: almost there. it is doing the final examinations of financial institutions in singapore, -related fund 1mdb flows took place. the investigation is being done across the globe, including switzerland, the u.s., and if you recall, the u.s. department of justice said in july that more than $3.5 billion was misappropriated from 1mdb. it is seeking to seize $1 billion in assets. has consistently denied any wrongdoing, so we have to wait and see how this progresses. haidi: thank you. scandal this 1mdb continues to rumble along. some of the big risks ahead for the market -- bond market selloff has extended into december, a u.s. improving economy filling out this picture. traders waiting for jobs numbers later this evening asian time. rishaad: we also have that italy, aferendum in presidential election in austria. let's find out what is going on. >> we heard from donald trump in the u.s. he is talking about all the stimulus, one of the big factors big bondot just the selloff, but the selloff around the worl

monetary authority of singapore saying they had instructed the singapore's tonge -- singapore exchangever the root cause with the opening of the derivatives training. more to come on that. i'm you yvonne man. of a dark, shadowy day in singapore. let's get to first word news with courtney collins. list seems to be more at the european central bank. mario draghi cut his bond buying program from the equipment of $85 billion a month to $64 billion. he also added three more months of buying than expected. he says qe is essentially open ended. draghi: the two options are those started by committees in the preceding months. one is the option of continuing with 80 billion euros a month for six months. the other one is the one that received a very broad consensus. air isy: shanghai's again heavily polluted. internationally accepted safe level. days of suffered choking smog a week ago. young people and the elderly have again been warned to stay indoors. half of alls banned cars in the city and made public transportation free as it chokes on the worst smog in a decade. a paris pollution monitor s

i'm rico hizon in singapore.elief in sight for chinese cities — forecasters say the choking smogis set to clear. forecasters say the choking smog is set to clear. and he's still got it — the 102—year—old professor who's won a battle to keep working. live from our studios in london and singapore, this is bbc world news — it's newsday. hello, it's 1 am in london, 9 am in singapore and 2:00 in the morning in berlin where a manhunt is underway for the prime suspect in monday's truck attack. he has been named as 24—year—old anis amri, a tunisian, who has been in the country since 2015. the suspect had been monitored by the security services but it's reported they couldn't deport him because his key documents were missing. a reward has been issued for information leading to his capture. the german public have been warned he's likely to be armed and violent. jenny hill reports from berlin. you're looking at europe's most wanted man, anis amri, the main, the only, suspect in the investigation into an attack which shatter

we have one in singapore, another one being built in singapore and in jakarta.o have another 30 offices in the next three years. it is going to be fun and quite exciting to achieve all of that in a short amount of time. emily: you also founded a company called travelmob that was acquired. i'm am curious what you see with the rise of airbnb and their own global ambitions trying to get into china as well. do you think airbnb can succeed in china? guest: i think everyone is trying to be successful in china. it is especially complicated for a non-chinese company to do business there. there have been success stories. one of the biggest things about airbnb especially on the regulation side in china but all these companies are trying to solve that and i think they are here to stay. i see that to be an opportunity for this company to take on. emily: we asked this question when it comes to uber and ride sharing. do you see one player rising to the top? will this be multiple players or is it a winner take all market? how do you see it and home sharing when it comes to air

singapore.f you had could wave a magic wand and have the united states adopt one singapore strategy, what would it be? >> coherence in policy. strong link. it's basically a system that is very carefully crafted and designed that has a close link between policy and practice. teachers are designers of instructional processes. they're really part of the professional system. they're not the last wheel in a big bureaucracy. i think there's a lot we can learn from the success of singapore. remember, in 1965 singapore became independent. 2% of the adult population could read and write. this is a fairly recent success story. singapore has become rich because it invested in education. >> fascinating report. fascinating conversation. thank you both very much. >>> next on "gps," david cameron was toppled by the brexit referendum. renzi was toppled. will the wave of populism continue to roll across europe? i will talk to france's presidential candidate emanuel macron. in europe, the far right-wing did not m

loomingmore dark clouds for singapore next year.. 2016 can be seen as the year that virtual reality turns a corner. that is because long-awaited high-end hardware from oculus, acc, and sony finally hit the store shelves. debutsf a w -- have the lived up to the hype? >> the year the big three vr headsets hit the market. a surprise tor billion-dollar acquisition by facebook, oculus delivered its long-awaited high-end headset, the rift. the hype around this product was intense, some calling this the best new device since the iphone. >> this is a magical moment to see this much content at launch. it was one of the strongest launch lineup of any platform ever. >> the price was quickly cited as an issue. it required a powerful pc to run, vaulting the total price well into the $1000 range. debuted the $800 -- who is selling point is an extensive software partnership. >> we built this in partnership with valve, who own steam. customers,5 million really hard-core gamers. people that already have that high-end pc you were talking about, that

singapore, .6%. we are looking at declines. day left.ushing toward christmas, the volumes are quite light. equal,s like all things a weekly loss for asia. gone over. has we can forecast as we go into 2017, a one-day chart. let me extend that to two years to give you a sense of where we are in the greater scheme of things. highest level going all the way back to august of last year. pushing 3% tobe 8%, which would take as easily to 6000 if we do get 8% on the back of commodities and financials. that is it. goldman upgrading their target for nikkei to 21,000 and four that other index -- one of the key stories coming out of europe to read a theyes have told bloomberg could probably fail a $5 billion capital raise, making a state rescue likely. no anchor investor has shown interest in recapitalization and liquidity is drying up, a slump by 12%. going to 87%. let's go to the investment of investment strategy. have talked about the italian story. with the latest news coming out, how will this play out? >> what happened at the beginning of this

i'm rico hizon in singapore. the headlines: so—called islamic state says one of its militants carried out the lorry attack in berlin — which left 12 people dead. police have released the sole suspect. explosions tear through a fireworks market in mexico — at least nine people are killed and dozens more injured. i'm babita sharma in london. living under a cloud — the millions in north east china facing extreme air pollution. the world health organisation has an annual recommended target of 10, and here, according to our little egg, right now it's over 400. out of the stratosphere — and into history: we talk to the man who made a 15—minute freefall to earth. live from your studios in singapore and london. this is bbc world news. it's newsday. it's 9am in singapore, 1am in london and 2am in berlin where investigators say they won't rest until those behind the truck attack on a christmas market are caught. earlier, police released a pakistani asylum seeker who was arrested shortly after the attack, saying there was i

so many shopping centres in singapore. highlight here, you actually have little shops there and they depend upon these brands because people go there to buy the big brand names. they are not fakes, it is proper staff. and they want to go there. if you start cutting them off and it is onlyjust going to the big rant companies, that is not fair. that is not proper trading. and, quite rightly, they should be banging the drum he'd make sure they get their access. i assume that when you play monopoly you must always be the banker, surely? controlthe money, of course. do you normally win as well? i'm going to keep quiet. of course i win. what is your strategy? buy the expensive properties? get the middle ones. i like the orange ones. green, yellow and dark blue. if you get a hotel under blue and someone lands on it you are bussed immediately. but i love this idea of having a number to call up to work out what the rules are. who mans the phones on christmas day is? is that the rules for parking? there are rules. every single famil

now on bbc news, all the latest business news live from singapore.apan and the eu try to carve out a free trade pact in a new age of protectionism. and what do people in asia want to know about? google fills us in on the top business search words in 2016. welcome to asia business report, i'm karishma vaswani. this week finance leaders from japan and the eu want to reach an agreement on a free—trade pact, it comes at an uncertain time to say the least, though, for international trade as us president elect donald trump speaks of rising protectionism and the uk decision to split from the european union. japan is the eu's second biggest trading partner in asia after china and together the eu andjapan make asia after china and together the eu and japan make up more than a third of the world's gdp. how important are the negotiations in light of how donald trump has been so vocal about getting the us to withdraw from the tpp? that was a question i put to richard jeremy, the chief economist from the bank of singapore a little earlier. more important they hav

the biggest money laundering case to hit singapore. ubs, standard charter, falcon bank crowd to have committed breaches as well. investigations happening around the world. from singapore to switzerland. at least six different jurisdictions involved. we have not heard the end of it. >> thank you. cashing in on india's cash crisis. we talk about the opportunities in india. will talk about a potential in emerging market real estate. our guest will be here in a moment. this is bloomberg. ♪ >> this is daybreak asia. of the a quick check business flash headlines. googles a timeless vehicle unit is talking to honda about putting self trimming technology into the automakers cars. hondaal can be struck, would be the second partner after fiat chrysler. toeral motors and ford try reach an agreement but talks stalled. how to had announced plans to sell a ton was cars sometimes around 2020. is in talkst-elect over air force one. he told the tycoon the replacement job can be done for less than $4 billion. met them at his resort in palm beach, florid

i'm rico hizon in singapore. the headlines: death on the streets of berlin. nine people are killed after a truck is driven into a christmas market. german police say the apparent driver of the vehicle is under arrest while a passenger is killed. i'm kasia madera in london. russia's ambassador to turkey is shot dead by an off—duty policeman. moscow calls it an act of terrorism. the un votes to allow monitors into aleppo, as more civilians and fighters are able to leave the beseiged part of the city. live from our studios in singapore and london, you're watching bbc world news. it's newsday. welcome to newsday, where the news today has been dominated by two separate major incidents. in a few minutes, we will give you details on the shooting dead of the russian ambassador to turkey. but first, to germany, where a truck has driven into a christmas market, killing at least nine people and injuring many more. ourfirst report comes from greg dawson. beneath the lights of the christmas market, investigators examined the articulated lorry that has caused so much death

getting over to singapore, thank you for joining us.t shows we have the old economy doing the heavy lifting. that is good news at the end of the day. i mean, perhaps it is also bad news because it shows the rebalancing has not really gain traction. -- gained traction. >> i think that it is also good show acause the pmi does lot of the demand coming through is from domestic demand, so probably not just the industries driving the growth. it is also the smaller companies or medium-size companies as well as large companies driving improvement in the chinese manufacturing economy. haidi: i want to show you this chart, which looks at the last couple of years when it comes to this pmi gauge. we have not seen the official manufacturing pmi at these levels since 2014. we've been talking about this to versions picture when it comes to the old and new economies, state-owned companies versus private smes, how would policymakers be reacting to this? recovery ise driven not sustainable forever. policy, theof government is probably still going to stay

singapore is clamping down on errant workers given that its reputation as a financial hub is at risk. this is the third case linked to 1mdb, which allegedly misappropriated billions of dollars. singapore says the investigation is the most complex it has seen, the biggest money laundering case in the lion city. not the only lender to have breached regulations, ubs, standard chartered, they have all been named, at least six different jurisdictions involved from singapore to switzerland to u.s. and to hong kong. rishaad: right, thank you for that. come. more to china is determined to become a soccer star and continues to sign big names. rishaad: can they afford it? what is hot and what is not in 2017. we will be discussing investment strategy with peak asset management. ♪ rishaad: a quick check of the latest business flash headlines as nintendo shares on the move following the slump in new york despite a record run for super mario. the download is the fastest and app store history. super mario is currently only available on apple devices and in 140 countries. the $10 fee to unlock new le

this person came from singapore to race here for the first time. he says he wants to witness the reconstruction process with his own eyes. he looks at the buildings that were once used as a load station. the 40-meter high tsunami submerged almost all of it. they also entered an area that is off limits to the public where the damage was left unchanged. this huge amount of land is being preserved as a memorial park. >> reporter: this person is the local resident and will be staying with a new area. he tells about the city with sing porian monument. >> translator: after the tsunami, there was n no place t hold our events or meetings. it was hard on our spirits. this magnificent h hall was bui because singapore donated a large amount of money. we feel very grateful. >> reporter: she is being hosted at a relative's house because the home was destroyed by a tsunami. she and her family went from one shelter to another and eventually ended up living here. >> translator: i'm very happy and grateful to be able to take care of others. i got to where i am than

this man came from singapore to race here for the first time. he says he wants to witness the reconstruction process with his own eyes. he visited the building that was once used as a road station. the 14-meter-high tsunami submerged almost all of it. they also entered an area that's off limits to the public where the damage was left unchanged. this huge amount of land is being preserved as a memorial park. >> a lot of things, they learn something from the disaster. they tried to improve it. >> reporter: keiko okamoto is a local resident. ang will be staying with okamoto. part of a new program to foster a stronger connection to the area. okamoto tells ang about the city hall that was reconstructed with singaporean money. >> translator: after the tsunami there was nowhere we could gather to hold events or meetings and it was very hard on our spirits but this magnificent hall was built because singapore donated a large amount of money. we feel very grateful. >> reporter: okamoto is hosting ang at her relatives' house. that's because okamoto's home

singapore, no natural resources, unbelievable story.n about what works and what dozens. public about bad policies causing constant damage out there. in america, you keep hearing that productivity is low, secular stagnation is the new normal, it is just not true. .e have had multiple wars we are not educating our kids. government shutdowns, failures in the health system, an extreme amount of regulation, that is why we are going slow. it is not the economic model. people are looking for simple answers, and sometimes there aren't. all these things are fixable. megan: up next -- jamie: business has to have a seat at the table. megan: the role business can play in the push for change. ♪ megan: in a new administration with a cast of characters that is very different to what we have seen in past administrations, is it possible, do you believe it is possible to unite given this extreme division and particularly on issues like infrastructure that we have tried to get in this country for two decades, tax reform, regulation as well, do you think y

our energy reporter live out of singapore.he latest from markets, here is david to talk about asia feeling that hill wins from that opec. david? david: at least for now. we were talking about equities and oil broken down in the west. a very interesting point that dan makes. a mechanism that keeps prices honest. asia, a blitzss across equity markets. market.ts across equity very good set of numbers out of china. really providing a list toward assets. everything in the green. philippines reopening today, playing catch-up. japan is down with a weaker yen. india in reaction to the latest gdp numbers. the volumes are back as well. that is encouraging entering the last month of this year. given pmi numbers from china, metal prices getting a decent bid, despite the fact that you are seeing more signs of china cracking down on speculation. at least on their commodities markets. 2%, 2.5%.s up back to the opec story. what are we seeing as far as effects? airlines and oil producers, very basic, plain, vanilla. chinese airlines down. sout

in singapore, midday in sydney. asia headquarters in hong kong, this is bloomberg markets asia. >> retail sales in china and suggest more stability. andressure on currency equities. >> donald trump delaying his presidential business conference. launched aing has trade complaint and has concerns about his one china remarks. away from thetes open in hong kong. singapore just coming on line. how are the markets looking? >> we are looking at a pretty mixed picture, trending out a bit lower. we really had the wind taken out of the sails of the oil driven rally yesterday. bit.ulling back a still seeing gains in the session. ofare seeing that come out the equities market as well. of a modestle bit up.hen it comes to sydney we are seeing weakness coming through from the nikkei 225. we have actually managed to come back from steeper losses we saw a earlier on. we do have the yen which is starting to weaken. that is giving a little headwind to the japanese exporters. still, japanese stocks have come back from their losses as

now on bbc news, all the latest business news live from singapore. uber hits a roadblock in taiwan.

let's look at what else is going on. 10:40 hong kong and singapore time.lines in the united airlines'\ boss for china and korea joining us. undercut,anaging to in providing you go through china, you can get to the rest of the world for a lower price. thailand university in accepting rice instead of cash. discussing that as well. a flavor of what we have on the way. holler for the dollar, thank you. nod authorities gave the for the merger of amc entertainment. timehas become a long issue. reporter: it was first announced back in march. all cash. blessing of u.s. after agreeing to a few conditions. this according to a court filing. the sale of 15-20 theaters. giving up control of a cinema advertising company, and transferring theaters. evestitures are two preserve competition. they say they can close the deal by the end of the year. carmike in the bag, can we expect more deals? reporter: there are talks to acquire a controlling stake in dick clark productions. he does have aspirations to control one of the six major studios. alsoave alibaba pictures setting

i'm rico hizon in singapore. i'm kasia madera in london.ople after it was driven into crowds at a christmas market in berlin. russia's ambassador to turkey has been killed in ankara. the gunman shouted comments about syria an aleppo after the shooting. today's other major story is that the russian ambassador to turkey has been shot and killed. andrei karlov was addressing a meeting in ankara when a man shot him several times in the back, shouting, "don't forget aleppo," and, "revenge." the gunman was an off—duty turkish police officer. the attack follows days of protests in turkey against russia's role in syria. our correspondent mark lowen has the latest. his report contains flashing images. russia's ambassador to turkey opening an exhibition in ankara. waiting behind him, his assassin. as andrei karlov speaks, the gunman opens fire, killing the ambassador. gunfire he screams, "allahu akbar," god is greatest, before in turkish, "don't forget about aleppo, don't forget about syria. so long as they are not safe, you will not taste safety eit

rishaad: then singapore should be number one. >> that's true.ty when looking at eating out, but you have relatively lower costs with public transport, utilities , which is cheaper in singapore in comparison to tokyo and hong kong. sophie: were there any surprises in this ranking? >> a couple of surprises, globally seeing african locations remain within the top 10 because of scarcity, but one of the big surprises for us -- rishaad: london. >> exactly. dropped out of the 100. >> for ex-pats? >> of course. think it is comparable. rishaad: it did surprise me. , thee impact of brexit fall in the value of the pound against major currencies since then. sophie: thank you so much. intoad: it doesn't take account housing, see? sophie: thank you for joining us. right, up next, top tech consultancy votes cyrus mistry out. we go to mumbai live, next. ♪ sophie: this is "bloomberg markets: asia". i am sophie kamaruddin. rishaad: i am rishaad salamat we ar. we have the ousted top to group chairman-- tatta group being we can. sophie: it is one of many units unde

they had no way of getting supplies to singapore. the canadians were very angry because churchill had insisted on sending a canadian division to hong kong. way that hong kong could survive. it was an isolated island surrounded by the japanese. hong kong fell very quickly. all of the canadians who have been sent over were either killed or became prisoners. the canadians there and the australians in singapore, those who survived help to bring -- build the bridge on the river quite. that is in thailand. those who survive will never british on the river. and their incarceration in japanese prison camp. we had very few victories at this time. the only victory i think of was that of an american bookseller in paris. sylvia beach. the -- she ran the bookshop in paris. she had lived in paris since the early 1920's. copyad her window, a early of james joyce's sitting in way. published. been a german officer came in and said i want that book. she said you wouldn't understand it. to not sell it to him. he stormed out as a stormtrooper would. she

singapore imposed fines on the bank for breaches of money laundering laws. there is no evidence of willful misconduct. donald trump has launched a in the to her -- tour midwest. time tothis is no downsize dreams. chinese president has congratulated thailand's first new monarch in seven decades. these are live pictures marking king0th day after the passed away. .he crown prince thai stocks have climbed 7% since his father's death. global news 24 hours a day powered by over 2600 journalists and analysts in more than 120 countries. is bloomberg. welcome to the best of bloomberg markets: middle east. trump trump selection -- , emerging science of skepticism may have been overdone. we will hear from sheila patel and mark mobius. the head of the middle east's says heproduct company wants to -- property company says he wants to create a new e empire. the story that overshadowed the whole week or the negotiations over and opec deal. the world's major oil producers managed to agree to its first production cut in eight years. -- our energy reporter laid out the detail

mariko 0i in our asia business hub in singapore has been following this tragic story.agic story. what is going on here? you know better than i do, there is a japanese phrase which basically means death by overwork. indeed it is unfortunately not so uncommon, some 2000 people die from overwork each year. in this particular case, where a 24—year—old employee, who has only been working at dentsu for some time, took her life on christmas day a year ago and even though it is, as i said, death from overwork, which is not uncommon, in this case she was tweeting for months before she took her own life, at 4am she said, i am still at work but i can't complain because eve ryo ne but i can't complain because everyone else is still working as well and she also said something like, you know, her bosses have criticised her for lacking femininity because she doesn't have make—up on after pulling an all—night. all of those tweets after death came to the spotlight. it wasn't picked up immediately by mainstream media because dentsu is one of the really big advertising agencies in japan

singapore's exports surged in november after electronic shipments climbed the most in more than a year. domestic exports rose 11.5% last month from a year ago. electronic exports rose 3.5% in the same time. cathay pacific sister is considering replacing its single aisle airbus plane to modernize its suite. upgradingstarted a-320 and a-320 one's with the first new aircraft expected by 2019. the airline has not specified if it is looking at airbus or boeing. 24 hours a day powered by more than 1200 analysts in more than 26 countries. gains thanks to recovery for property stocks. the best ofo bloomberg markets middle east. the major stories driving headlines from the regions this week -- turkey changed the way it calculates its gdp with a new methodology prompting some rather eye-popping revisions. on average over the past five years, turkey's official growth rate shows its economy expanding faster than india cost despite terrorist attacks in major urban theers, record weakness in lowest levels of economic

i'm karishma vaswani in singapore.alling for the impeachment of president rodrigo duterte tells us she fears for her life, but won't be silenced. myanmar‘s leader, aung san suu kyi, calls an emergency meeting to discuss the rohingya crisis. i'm kasia madera in london. evacuations of trapped civilians in the syrian city of aleppo resume after three days of delays. and could these ice cores from the antarctic tell us something about the future of the climate on earth? live from london and singapore. this is bbc world news. it's newsday.

in singapore, and 9:00 in new york city. rishaad salamat from our bloomberg headquarters in hong kong. this is "bloomberg markets: asia." ♪ meltdown,ight, toshiba losing a third of its value after admitting u.s. losses could be in the billions of dollars. industrial output in japan rose the most in five months with exports lifted by the yen. chinaate survey shows finishing 2016 strongly with improvement in all areas. the latest market to join us in the asia-pacific at the moment has their trading day starts. and indeed, a mixed bag so far, david. david: we are winding up the year. if bodesinteresting, well for southeast asia markets. markets last few weeks have been sold off, a lot of money coming out, an old story, higher rates in the u.s. leading to outflows. , indonesiase markets down nine straight days into last friday, they have started to pick up, point 8%, the third straight day of gains, second straight day in the philippines. the currencies have weakened substantially, and as we move into the new year, perhaps windo

joining us from singapore is our guest, live from singapore. good to have you.ng dollar.ut we have seen it reached a new high. let's show the were is how much we are seeing in terms of the upside. 23 of the 36 trading days, it has arisen cents trump won the election. does -- is it time to sound some caution now? >> there is no doubt there is a consensus the dollar is heading higher. certainly in these illiquid markets at the end of the year, there is a potential for volatility. there are very good reasons many investors are bullish on the u.s. d at this point. is likely to extend into 2017. the risk is we might see more rapid dollar appreciation. then many the market anticipate. the reason the risks are weighted on this side is we are going to see a shift in terms of market focus toward politics. we are shifting away from focusing on central banks. ofwe enter this era politics, with a fiscal push in the u.s., likely reductions in terms of regulation under the trump administration, these are probably going to be favorable for the u.s. economy. it has been support

in singapore, 8:00 p.m. in new york city. bloomberg markets asia. rishaad: asian-pacific markets, record highs headed for their biggest weekly advance since september. face thecasinos sifficulty after china slashe atm limits. extending the qe program 32017. >> they await the opec talks. concerns independent producers may not reduce output. >> a landmark day for south korea as they are set to impeach president park geun-hye. more in a story, just ahead. >> let's take a quick look on how the markets are looking. haidi is standing by. haidi: we are getting a picture here, we have the southeast asian markets, taiwan getting on board today. andness through malaysia singapore just keeping its head above water. investors the sense are trying to take the time to digest what the ecb trajectory is. we look like we are on the cusp of a taper. also, critically removing some of these key technicalities so the ecb has greater control over this aspect of the program. we are seeing nice gains from tokyo. extending that rally 2.7%. yen, 114 at the moment. that is le

. >> it is 8:30 in singapore a half hour from the opening of trading there.ve breaking news out of singapore. domestic exports. 11.5% up for the month of november. the estimate was for a fall of 2.7%. month to month also rising 13.1%. 1.5% drop. the expectation was for a pickup in november. this is the performance in north asia as a sign post. this certainly is much, much better than expectations, betty. betty: some better news there in sing more. you are watching daybreak asia. now let's get to the first report news. >> first up china holdings of u.s. treasuries has fallen to the lowest in more than six years. as beijing used its foreign eserves to support the yuan. down more than $41 billion from september the lowest since july of 2010. that means japan has become america's top foreign creditor as its holdings edged down at a slower pace. japan's benchmark bond yield rose to the highest since the b.o.j. introduced its negative rate policy on january 29. it's added 1.5 basis points tracking the renewed sell off in u.s. treasuries and puts pressure on policy

. >> reporter: the village of singapore is nearly 200 kilometers from the sea, but even here, climate change is a growing over the past five years, land about 200 meters from the original river bank has been eroded. over 100 houses and fields have been swept away, forcing 2,000 villages to leave. a school building swamped as the rising river has worn away its foundation, it's too dangerous for children to study here anymore. the water is forcing waves of residents from their homes. this 46-year-old former farmer lives with his wife and 1-month-old baby girl. >> we won't be able to live here if more land is eroded. in that case, we'll have to leave this village. >> reporter: they already had to move once four years ago when the rising river swept away their home. and without farm land, he has to find a different job to provide for his family. other villagers are also concerned that their homes may soon be swept away. >> translator: nobody will be able to live in this village if no counter measures are taken. in about a decade, our village may disappear completely. >> reporter: half the

part of food league singapore, posted this video. she starts making her way through bowl two, three, four, and five. did i mention she's a flight attendant? she's got extra baggage, i don't know where she's putting it. >> that's the thing, they are all rail thin, it's so weird. >> one bowl left, you guys. will she make it? of course, she will. >> that's incredible. >> here she is doing another food challenge, the beef burger challenge. check out this burger she manages to eat. >> wow. >> yeah. and, oh, it's burgers and fries. >> manhole cover. >> you guys, there's a little timer here. that timer is going backwards. >> not sure what makes her an amateur. eating all of this stuff, that seems kind of professional to me. >> get paid. >> i say she's a professional, because she made it all the way through that and ate the fries, too. well done, sarah. i think i need elastic pants watching that. >> that burger could have been split between the four of us. >>> it's a rescue, but is it a wolf, coyote, or dog? >> been out there for ages. >> ha

students in singapore came out on top of the list, but only one european country, finland, made it intothe top five. france once again shows a poor level of social mobility. french students from wealthy backgrounds consistently do much better than their poorer counterparts. i'm joined by a researcher at the pair school of economics. thanks for being with us on "france 24." france has slipped to places down the rankings in the last four years. do you have any idea why that might be? >> it has been difficult to draw strong conclusions about changes in rankings. there is a lot of measurement error. if you change your ranking one or two positions, it is often not significant. what it shows clearly is that the ranking of france is very average. it hasn't changed much over time, contrary to other countries like germany, which has consistently improved. >> the french republican model is supposed to create equal opportunity for all in the state school system, but it turns out that if you are from a wealthy family and live in a wealthy area, you will do much better at school and someone from a p

let's bring in our energy reporter from singapore. you tell us about background and how it might relate to such a position, not confirmed yet though? went to therson' university of texas and has been n exxonon -- been a next lifer. he threw that company has had a lot of foreign experience. is a texan, he has slightly different values than most people affiliate with texans. he helped the boy scouts of america usher in their change to allow gay scout leaders. humorouslywhat banded together with residents of his town in barton ville to fight against a water tower that would be used for fracking, so he could be called an anti-fracking activists in a small way. the biggest thing is that exxon is a giant corporation with employees all over the world, and they are well known for being quite. don't leakir job and out information, and they get results. qualitieshink about that you would want in a secretary of state, a lot of that comes from that kind of thought about him. state noe secretary of doubt is in a lot of ways america's top diplomat.

we have more from singapore.orter: going into this meeting, the real differences were between iraq and iran. going up to the meeting, iraq and iran argued they should be exempt many production cuts because iraq needed money to fight isis, iran was lifting production from presented levels. -- pre-sanction levels. i ran finally agreed to be a part of this, it had the second highest production cuts after saudi arabia, and the two of them accounted for more than half of the group. that leaves wiggle room for iran, instead of now trying to push oil production to the pre-section limits will now -- sanction limits will now have more. everybody gave a little and took a little. those three were able to bring everybody else and behind this is 1.2 million barrels per day reduction in oil output starting next year. that lifted wti prices as much as 10% yesterday. the big winners are oil producers, the rising oil prices all over the region. singapore,s in seeing uplift. energy giants in china are benefiting from this. airline

joining us there from singapore.e: up next, hong kong's biggest tech ipo in nine years, but an underwhelming debut. we will discuss that with one of its earliest investors. this is bloomberg. ♪ billed as the biggest coming-out party for a tech company in hong kong for almost a decade. ipo of chinese selfie apps developer meitu falling flat, down nine hong kong since currently. currently. thank you for coming in. day to come tod the market, stocks generally getting hammered across the asia-pacific, but it is down. tell us about it. ,> we are excited about meitu one of the largest application developers in the world. meitu have over one billion users, and they love it with a passion. that would develop more users. sophie: there will be at first to monetize, but not getting traction yet. earliest effort has been about building user base, just like google and others began that way. our position should be easy. southeast asia, the nine at states grow that market share. it will need some tweaks to be attractive to those us