me with the pandemic forcing many, singapore insta. what from whole hawkins stalls in the city center struggle? one and the next so today is basically the last day of somebody fish for i'm way street since august last year the linux was supposed to close the store for good just 2 months after he reopened by many out of how good sheet we read for you just a little bit and if for, for that but a teacher money to despair. and i just want to be due to base your guy as the he goes to support me. which one is your thought was my thought. and what was the rest around you were there? if i said it would be when i came in, i was just from the medical effects over there and they were both affected by the viet. makes a lot of fun behind me. i think different supposed to have been doing the long enough weeks, very good money points like wasn't building a customer base. i feel about these things to be one of the booty school sometime and also to embarrass fashion is not enough. especially in state foot coming and all to familiar story for seato. so

the singapore st. food is world famous. traditional schools serve up a vast range of sheep and the dishes, a staple diet for the masses. but the co written 1900 pandemic, is turning up the heat on the forecast. nielsen, a totally new. they face a stark choice to innovate or admit defeat the french on. it was basically and mentally, financially the $11.00 east examines how cobit 19 is changing. singapore hawk, a culture. the news i beneath the shimmering skyline of the city state where i grew up, the humble trade feels the workforce. across the island, some $20000.00 foot stalls serve up delicious dishes. a melting pot of casino by the early chinese and indian migrants who mingled with a local malays. okay. these dishes have become part of singapore, the cultural heritage. $500.00 funds to the funding. i know the scene well. mom used to sell chicken rice. consider one of the countries national dishes and like many singapore and i love my food. i know this is really of a smell and have a growing up. it's

but most singapore is expect hawk of food to be cheap and unwilling to pay more. i think the meant that you would have to shift in sort of our price increase their stephanie room. maybe i should be more ready to fedex fans or dollars on the item. me a singapore, whether the worst recession in it's $5060.00 a history, know roy and sancho at the front row seat to how the condemning hurting the hawk. ah 5, i think monday through friday i was coming messaging. i have wrong thing for the fall because it's just heartbreaking for i think they have to see what it takes to be the how behind a long hours. well, they will realize is that you're enjoying all the very low price at the expense of the ha, how do you see the future of singapore hawk culture? so these other change we shall see more and more then closing down the price issues coming home and his wife just your husband, retired in 2020 after a lifetime is focused his knee could no longer with stand the hours of tending after 50 years in the trade cataract cinder, his vision, they had to sell the business for $15000.

the book of food is an integral part of singapore in life. but half of the hawkis are more than 60 years old, and few young ones are joining the trade. i. i visit allison a mom or their day off. they don't expect their family to have a 4th generation of focus. then and, and i could turn this one single day if, if it's going to me and me alice's stories open more than 12 hours a day. she's on her feet the whole time. i got to know that all my got up a question, a lot of those us intentions and to make us also fund that we sell told me the guy told what i told this will me will not tell you. he said you're moving to so you need to find a mobile cell phone when like she she like tall thomas? i think we are michel, time of we are like for the woman coming to the woman does not seem to handle the soldier when i'm going to sell her. and crissy me move ahead to high up to several 1000 you dollars a month. the typical mule costs about $3.00 and hawkins take home only 10 to 15 percent in profit. alice needs to sell more than a 1000 servings a month ju

and look at singapore as a secondary listing.e: there's about 1000 fintech company startups in singapore right now and nium's unicorn status is quite a milestone for the lion city. you yourself, you do not have an. engineering or financial background. tell us how you were able to grow at such a pace? prajit: it is a glass ceiling. initially in 2016 we were in the market to raise money and we said there is no unicorn coming out of singapore except the lar ge logistics or e-commerce providers. i think we have broken the glass ceiling. and -- sorry. we've broken the glass ceiling and now we have the opportunity to really scale across the globe very seamlessly with that. but it has been a tough, tough experience for us but we really stepped up. we've always thought global. being in singapore the local market is pretty small so you always think global from day one. and that has been a real case in point for us to scale globally. yvonne: thank you for joining us. from nium joining us on their fundraising. just the latest when it comes

walker food is an antique girl, part of singapore, in life. but half of the hawkins, i'm more than 60 years old. and few young ones are joining the trade i. i visit allison a mom or their day off. they don't expect their family to have a 4th generation of focus. then it could send us a single day if, if i'm going to me and meet alice's stories open more than 12 hours a day. she's on her feet the whole time to know that you might put up a question loaded on those us and kind of been sent home. make us also funded to the telephone that needed because she was home. those will me when you're the person you're moving to so you only have to get on. i'm open. so i'm going to shoot. i saw thomas, i think we are thomas l. time a. we all, i, for the woman coming to something woman, nothing, and trundle the suit you when i'm going to help her and her see me move ahead to high up to several 1000 us dollars a month. a typical mule costs about $3.00 and hawkers take home only 10 to 15 percent in profit. alice needs to sell more than a 1000 servings a month

the book of food is an integral part of singapore in life. but half of the focus are more than 60 years old. and few young ones are joining the trade. i. i visit allison a mom or that day off. they don't expect their family to have a 4th generation of hawk of an engine. i could send us a 100 sink with a if an if a call either me to me and me. ellis, a stall is open more than 12 hours a day. she is on her feet the whole time to know that you all might got up a question, a lot of those us and kind of things. and to make us also find that since we sell toned neither because if you guys was home locked those for me. when i tell you he puts in your hosting, do you want me to have a mobile cell phone? when like she, she like tall thomason? i think we are michelle time of we are like for the woman, come and do something woman and not him trundle disorder when i'm on the cell and i move ahead to high up to several 1000 us dollars a month. a typical mule costs about $3.00 and hawkers take home, only 10 to 15 percent in profit. alice needs to sell more

between australia and singapore?ve been able to ensure that strong connections between our countries have meant that while australian exports -- into singapore and the broader southeast asian region, supporting australian business and jobs, but similarly, we have been able to ensure that into australia, singapore has shipped vaccines, has been able to return australian's home over the last difficult 1.5 or so years, so there are very important connections between our countries that continue, notwithstanding the disruptions to rates and aviation industries, but there is a strong commitment by both our governments to ensure that they can continue as we emerge from the covid pandemic. >> scott morrison has also called on asean to work more closely with the security partnership. do you see more cooperation between asean and the quad? will: they are very complementary. australia has a long-standing relationship with asean. we were the first partner back in 1974. it is literally our region so it is important that australia

again, singapore's health minister speaking to us today. david: it is getting bad. 700 points on the nikkei 225. that is about a 10% drop. as for what is happening today, 2.5%, and a little bit deeper into the nikkei. industrials leading 3%. cyclicals coming out. the broader read across asia pacific is not just japan on track for the worst week since 2013. take a look at what is happening in south korea. you see black on these tiles? that is not a price change you used to. that is an outlier. risk aversion here. broadly speaking, we are on track for the worst week going back to may and at the same level, i want to step aside here . yvonne: as you mentioned, it is not just us. let's talk more about that at little bit later on. still ahead on bloomberg markets: asia, they have been cracking down on big tech and big data, but how much more trouble lies ahead for investors? we have a discussion from new york, but up next, investors are watching for more oil gains ahead. ubs executive wealth editor wayne gordon joins us. ♪ david: one-week change

it's good news in singapore, i think are looking at a three-step reopening plan in singapore and the vaccination rates that are taking place in singapore. we'll see dining restrictions eased from two people to possibly five or more. the second half of july are hoping for more than 50% of the population be fully vaccinated and august 9 is the day we hope to have two thirds of the population vaccinated. so the reopening in singapore will be tied to these milestones of vaccination. yvonne: it seems like this is a strike -- change of strategy from the government. this is a significant you turn, do you think? >> that been talking about treating the virus as endemic. with vaccination rates picking up, what they will see is more -- to the point where we might not look at individual cases anymore but look at trends, things like whether hospitalization is needed, whether these are severe cases or not. i think singapore is conditioning people to think of covid as a disease that can be managed in the country. juliette: don't call it a bubble. yvonne: a travel bubble. let's talk more about richa

i do know a number _ singapore also tuning in? i do know a number of _ singapore also tuning in?little bit more weird because it is eight or nine in the morning and people go to work. i know a few people are actually watching it but not as much and not as big as the euros, to be fair.- the euros, to be fair. you will aet a the euros, to be fair. you will get a break — the euros, to be fair. you will get a break from _ the euros, to be fair. you will get a break from your- the euros, to be fair. you will get a break from your 3am i the euros, to be fair. you will i get a break from your 3am wake ups and at least go back to a bit more normal timings for the singapore premier league and then again the english premier league. are you looking forward to that? , , , to that? yes. definitely. i cannot wait _ to that? yes. definitely. i cannot wait for _ to that? yes. definitely. i cannot wait for club i to that? yes. definitely. i. cannot wait for club football to come back because, mean, for me, personally, where my interests lie. and, yeah, the singapore premier league is going to sta

live from our studio in singapore- this — dangerous. live from our studio in singapore. dangerous. live from our studio in singapore. this is bbc— dangerous. live from our studio in singapore. this is bbc news. - dangerous. live from our studio in singapore. this is bbc news. it's. singapore. this is bbc news. it's newsday. welcome to viewers around the world and in the uk. it's six in the morning in singapore and seven o'clock in tokyo where the much troubled 2020 olympics will finally open in a few hours' time. after a year's delay due to covid—19, the wait is almost over for more than 11,300 athletes trying to get their hands on an olympic medal. there's already been a total of 91 coronavirus cases in tokyo directly linked the games. that's after a sixth member of the czech olympic team tested positive in the last few hours. beyond the athletes village, daily covid infections in tokyo are now higher than at any time since january. and with no fans allowed into stadiums, there are still calls for the games to be cancelled, despite a cost of $12.6 billion dollars. celeb

singapore has pent-up demand. how closely are you monitoring that? guest: i think definitely innovation is growing strongly in the region and of course the technology sector is something of a self-interest. a lot of these companies are getting mature and going to the market. these are code-2 be interesting. the digital economy is expected to grow because of the consumption, how the pandemic has made the world more connected. those are all factors. would have to be quite crucial for investors to watch out for. yvonne: is this also a reaction to what we are seeing in china? perhaps you can look further away from the mainland and focus on southeast asia, even india. guest: i think every country once a vibrant and innovative technology sector? the rising income, but this pandemic has showed is that digital so consumption -- digital consumption is a crucial pillar for growth. therefore it's going to be something that policymakers want to encourage growth and competition, and i think it is going to be interest for investors in the many years ahead. rishaad

singapore seeing a jump.r next guest says the virus surge is likely to slow the recovery momentum for asian companies and weigh on sentiment for a short-term basis. market valuations remain on the upside. joining us is banny lam. when you take a look at the surge we have seen in cases, not just in asia, but globally, is this the key concern for this part of the world? >> i think like last year, we have gotten used to the way the virus has hit the economy. so i think going back, all of that economies may be reintroducing -- i think the lockdown measures. but we get used to the economic activity. on the second half of this year, the virus recovery coming back may not hit the economy so hard. at the same time, we have to get used to the way, how to introduce the business activities in the second half. that is the main part of the asian companies that we have to watch. haidi: i want to get to your calls on japan and korea. financials and consumer discretionary, other sectors you are overweight. talk us through th

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in singapore. coming up, it opens for business to save its bio tourism industry.ng one of the world's leading hospitality groups, we will speak with her about the impact. this is bloomberg. ♪ >> i think the opportunity is really enormous. in norma's and we look forward to catching a small percentage of that. ♪ anchor: we check in with these stocks. looking at toshiba, up 1.1% after the company could be forced to consider climate equity in the coming months from the financial times. taking a look at the bank that has made a lot of money with an ipo and also sony acquiring the rights to sesame street in japan. much movement with regard to that. this is bloomberg. ♪ >> it is 10:20 9 a.m. in hong kong and shanghai, 10:29 p.m. in new york. tokyo reported its highest number of confirmed covid cases since may just three weeks ahead of the elliptic's. -- olympics. the greater seoul area is expected to extend its ban on gatherings. this is the biggest increase since april. the u.s. and taiwan have agreed to hold regular meetings after their first official trade talks in fi

we have heard singapore talking about that.ieve herd immunity through vaccination alone. we are not going to get to a place where we are safe from the virus just by getting high vaccine coverage. i think it will not be enough. rishaad: why? the >> vaccines are not effective enough to stop something like delta. even if you give almost everybody in hong kong the biontech vaccine, we won't have herd immunity. we are going to need to let infection spread and then you have the immunity from vaccinations plus infections. rishaad: so we are going to be wearing masks for years. >> we can choose to live with the virus and there will be infections or we can choose to continue with zero covid like the last year. keep it going for another three years, even longer. if that is the strategy, we should make a plan accordingly because a lot of businesses would like to know if we are going to be in zero covid for another three years. yvonne: thank you so much. professor of infectious disease epidemiology at the university of hong kong. >> opec a

joining me from singapore, singapore provides a real contrast to england as we were listening how tond the country had a zero covid but now that's changing. but take us how they're planning to return to normal. i guess the watch word is slow and steady? >> reporter: yeah, it is slow and steady to a certain extent. i think what's quite interesting about this, kim, you have the uk and singapore basically saying the same thing which is we must expect that covid-19 isn't going away. but singapore, as you indicate has a very different tact to the uk. what we're being told here, test regularly in all of the pharmacies but also it's all about vaccinations, kim, by national day which will be happening in august. we can expect that two-thirds of all singapore residents will be vaccinated. that means a double dose. that means full vaccination. but what we have here in southeast asia is a real patchwork of experience. of course, this is one whole country in a myriad of other where is we have trade relationships and economic relationships and it's been really tough in this situation to get every

singapore still doing well. -- singapore airlines i should say.ing in the japanese session coming back after the lunch break up 3%. this, after it says it is planning a large covid-19 vaccine trial. we have been watching the stocks now on the lunch break in china affected after the u.s. slept curbs on 34 entities. -- slapped curbs on 34 entities. yvonne: it seems covid continues to weigh on airlines. i do not know when you will come visit me or visit home anytime soon. let's move on now talking about the u.s. treasury secretary, janet yellen put a timeline on when the biden and administration hopes congers can take up to key portions of a global tax agreement, endorsed by the dashed hopes that congress can take up to key portions of a tax agreement endorsed by the g20. >> pillar one remains to be negotiated and maybe it will be ready in the spring of 2022 and try to determine at that point what is necessary for limitation. we see the tax agreement as being strongly in the interests of all members of the european union and the world, more generally

nick marsh is in a singapore for us.nd curb a new wave of coronavirus. the singapore seesaw continues, in terms of the latest covid restrictions. today, the country moved into its third major shutdown since the start of the pandemic, but i think what is really interesting and what is really interesting and what people are talking about a lot here is the space of a month, it has seen five major changes to the rules when it comes to how many people can gather and a bar or restaurant. it was eight, went down to five, down to two, up to five, back down to two, so on and so forth. by far, the most effective sector of this rule changes as the hospitality sector. —— affected. there was a tenants association is saying yesterday that they believe between 10—20% of customer facing businesses have had to shut down already and a lot more will have to follow suit. we heard from a restaurant association, which said the reserves of this, a lot of these places, a lot of the chances of survival are ending. in terms of where the outside h

to get to the same level as the uk or in the usa or singapore. of the usa or singapore.many other parts of the world opening up is simply because our government failed to buy enough vaccines. it was a colossal failure and the problem is, you cannot wind the clock back and fix what should've been done last year. another big issue has been sexism in australian politics. aside from the pandemic there, former mp says that during her time in parliament, she was subjected to a culture of misogyny and sexism. this was during your time as prime minister. were you aware of the treatment and other mps faced? i was aware that the culture in parliament was disrespectful to women, was sexist. i used to say that it reminded me of the corporate culture in australia in the 1970s or 80s. and actually changed the ministerial code, the code that applies to all ministers in this regard and i made it very clear that respect for women and four colleagues in public servants and so forth, it was critical and actually made it an offence for ministers to have sexual relations with their staff bec

the singapore dollar in focus. dropping for a fifth day.talk about the latest cluster that has been in the casino side of things. malaysia considers factors to reopen once they vaccinate more than 80% of staff. the central bank will announce its benchmark around 2:00 p.m., jakarta time. >> look in tokyo in the southeast asian markets. this is the jakarta market they came on about .5 hours ago. no change expected. we have the vietnamese market as well. moving slightly to the upside. part of this could be down to this for the next five years. a bit of optimism and the coronavirus hitting singapore. nuvera's curves in. also, that cluster that was there. let's bring in the next guest. joining us is alvin 10 elvin -- elvin tam. where is the dollar going? elvin: all of you see that the dollar will continue to strengthen this year. in the u.s. bond market rally, we have seen expectations of the fed hike toward late next year being priced up. we expect that to be priced back in. that will be a powerful tailwind for the u.s. dollar in the second hal

rishaad: thanks, ishika, joining us from singapore.'s go to new york because vonnie quinn has the first word news. vonnie: thank you. sources tell bloomberg tiktok owner bytedance is working to comply with data security requirements after meeting with chinese government officials earlier this year. whether to go public, even before beijing's regulatory backlash. bytedance meets regularly with the beijing officials about a range of issues, including data security. bloomberg has learned janet yellen's pick for her department's top international job has now been withdrawn. sources say the white house told an economist that she will not be nominated, offering no reason. she's a former obama era appointee who worked for then secretary of state hillary clinton and was slated to be undersecretary for international affairs. australia has a close commitment to launch a quarantined free travel bubble with singapore. high commissioners of singapore say it will likely come before the end of the year. the city has been on lockdown since june 26 wit

so i think singapore has been a kenny nation, some regards in the way that it's not overplayed. it's and towards the united states. and they say there are some benefits that have come from that, but it was a small nation nation, not what disputed island or a difficult history with the chinese government. so you know, less less problems in some of its other a station neighbors. but we are seeing the us saying quite openly and supportive, for example, the philippines, that if they were attacked, the issues of the south china sea, the us would be oblige, due to a military pact to actually help them. so countries really need to know, don't the nature pacific that if they're in bed with america, the u. s. isn't going to let them down. yes, so one hand, i think nations reassured by this, the japanese, i think the strategy and over tried to speed a very happy to have the americans, people like campbell and the administration come out and say, look, we're behind you, you have support support. we've got you back, but at the same time, there does need to be a real focus on diplomacy. i me

you mentioned singapore. yes, we have had cases spiking here, too. more than 150 cases, a day.nd this is despite the fact that singapore has vaccinated, with a double dose, at least/almost half of the population. 48% have had the double dose. 71% have had at least one dose. and singapore is targeting august 9th to get at least two-thirds of the population vaccin vaccinated but it accepts that, at this time, there are too many members of the elderly population who are not, yet, covered or protected from covid-19. they want to see that change, which is why we have new restrictions, just beginning today. >> all right. thanks so much, manisha tank, in singapore. >>> pfizer and biontech are taking a major step toward ending vaccine inequality. for the first time, their highly effective covid-19 vaccine is to be made in africa. the goal is to ramp up vaccine availability on the continent. the companies say the raw materials will come from europe, but they'll transfer technology, install equipment, and develop manufacturing capability with a company in cape town. david mackenzie expla

i'm karishma vaswani in singapore. our headlines...l day of the tokyo olympics, including relative unknowns from austria and tunisia winning gold medals. a top american general has warned the taliban they could face us air strikes unless they stop their military offensive across afghanistan. later today, president duterte is due to deliver the last state of the nation address of his term of office, after leading one of the most controversial administrations in the history of the philippines. his stunning election victory five years ago, following a campaign in which he mixed crude jokes, populist promises, and chilling threats, exposed a yearning in millions of filipinos for something different. our south east asia correspondentjonathan head looks back at five eventful years under the man they used to call "the punisher". he was an entirely new kind of leader, and millions of filipinos loved him for it. unscripted, informal, his speeches peppered with vulgar jokes and threats of violence. do not destroy my city, i will kill you. try to

singapore is also seeing a jump in daily case count of the virus.lso waiting on a gdp report today. when you take a look at the expectations for global growth, we are seeing that move lower. you have participants less bullish on mobile growth and profits and are turning to cyclical value while shifting emphasis on tech as well as growth and large cops -- large caps. when it comes to the biggest tail risk, taper tantrum and inflation are on top. haidi: that inflation debate getting that big of search by way of prices -- big upsurge by way of prices. as you can see on the terminal that upside to price. this is how it leads to turning on how the fed will respond. jay powell leads a conference on wednesday. expectations are heating up but the fed's transitory narrative will certainly be scrutinized. our earlier guest said pressures will be for longer than we see bond markets suggest. >> we see some of the reflationary pressures coming through. >> today's numbers tell us the market is going to switch to worrying about inflation. >> inflation is front and

welcome to newsday, reporting live from singapore. i'm karishma vaswani. the headlines: day four of the olympics and we have our first gold — bermuda's flora duffy wins the women's triathlon. i'm sarah mulkerrins, live in tokyo, where i'll bring you the latest, as the surfing finals have been moved forward due to the weather. first afghanistan, now iraq — president biden says the us combat mission will be over by the end of the year. as parts of australia continue to live under lockdown, the country's former prime minister tells us the lack of vaccines is to blame. it was a colossal failure and the problem is you cannot bind the problem is you cannot bind the clock back and fix what should have been done last year. and calls for calm in tunisia, after the country's president sacked the prime minister and suspended parliament. live from our studio in singapore, this is bbc news. it is newsday. welcome to newsday, it's 8am in here singapore, and 9am in tokyo where the first medal of day four has just been won by bermuda. their first ever gold medal. flora du

i'm karishma vaswani in singapore.ions in tokyo, amid concern that the olympics could have contributed to the increase. there are warnings that the city's hospitals could soon be overwhelmed. president biden has told millions of american government workers to get vaccinated against coronavirus, or face compulsory testing and restrictions. a public inquiry into the murder of a maltese investigative journalist, daphne ca ruana galizia, has found that the state bore responsibility for her death, by creating a "culture of impunity". she died four years ago in a car bomb attack near her home. her revelations helped to trigger an early election by publishing allegations linking the then—prime minister, joseph muscat, to the panama papers scandal, which exposed the use of tax havens by the rich. our europe correspondent, nick beake, has more. for the last two years this independent enquiry has been hearing from dozens of different witnesses and trying to piece together what happened in the moments before her death and, really

of the world health organizations outbreak alert and response networks joined just by skype from singapore. thank you for your time . so as i've been saying, parts of asia really struggling right now, some in the 3rd waves is all down to the delta variant, or are there other factors that play to thanks kim. yeah. this, there's several factors of play and there's, there's probably different reasons in, in different countries. and i think if you, if you look at south korea, for instance, they've had cases through most of the and they've never tried to get to 0. so, so really it's, it's about the number of existing people, the number of existing daily cases growing. and i think that's probably partly fatigue. partly partly delta, but, but then there's other countries, for instance, malaysia that it was doing very well based on its border controls. and once those were breached in the 2nd half of last year, then we really found that the, using that their public health interventions, they've had trouble sort of putting the cat back in the bag you feel like. so these problems happened in malaysia

karim aitam, investment advisor, bank of singapore.oming up, apple asking a 20% increase in the price of new iphones this year. we have the details, right here. ♪ manus: it is daybreak europe. i am manus cranny in dubai. dani burger is in london hq. you can buy now and pay later, a new service that will let users pay for any apple pay purchase in installments over time. the tech giant has asked suppliers for a 20% increase in its output of new iphones this year. that is a bloomberg scoop. updates will include camera and display improvements. they will help me with my desk work. big forecast uplift for iphone. i will have to upgrade. >> what is happening is apple is asking suppliers to prepare for as many as 19 million new iphones this year. compared to last year and a year ago, apple has asked suppliers to prepare for 75 million headsets for product launch through the end of the year. it looks like they were confident of customers returning , and seeing their life returned to normal. dani: i am one of those people who waits a long time

here, in singapore, you mentioned karaoke bars. something that happened when, obviously, nightlife was shut down, people pivoted to getting food and beverage licenses. it meant that, if you were a nighttime establishment, you could open as a restaurant. well, the result has been, actually, that we have seen a sudden in surge in cases, even here in singapore. but it doesn't compare to the kind of numbers that we are seeing in other, major economies here in southeast asia. i want to bring up malaysia because there we have seen 13,215 new cases in the last-24 hours. and data shows, though, that 96% of cases in malaysia earlier this week were mild to asymptomatic. i think that also indicates how important it is to make sure testing is happening everywhere. and again, that's been something that's been very difficult to roll out in some of the economies here, michael. >> all right. manisha, thank you. in singapore. we will check in with you next hour. appreciate it. >>> now, with just six days to go until tokyo 2020 kicks off, the first-

of course, the defense actually lloyd austin is also intending to travel to singapore, vietnam and the philippines to gone to support. and this sort of reminds me of the approach we've seen that has similar tones to the support, the u. s. gone from nato in the e. you over cybersecurity accusations against china only last week. they think this is quite a practical approach to deal with china. it seems to be the case, i mean trying to rally partners and allies together to close ranks of the will to have you disconnected front to try and put pressure on china tools to play a ball if you will be a more responsible paula in the international community because right now that's the narrative that's coming out from washington that china is really in a country or a government to, to be suspicious. off and right now i think in se asia, the region to which are more austin will be visiting by tomorrow. first op singapore is to remind all partners here in the region that day should really be more watchful or not take, you know, chinese support that's coming into the region. terms of capital, in ter

live from our studio in singapore. this is bbc news. it's newsday.o viewers around the world and in the uk. it's seven in the morning in singapore and 8am in tokyo where the much troubled 2020 olympics will finally open in a few hours�* time. after a year's delay due to covid—19, the wait is almost over for more than 11,300 athletes trying to get their hands on an olympic medal. there's already been a total of 91 coronavirus cases in tokyo directly linked the games. that's after a sixth member of the czech olympic team tested positive in the last few hours. beyond the athletes�* village, daily covid infections in tokyo are now higher than at any time since january. and with no fans allowed into stadiums, there's less income for the organisers to try to recoup the cost of $12.6 billion dollars. celebrations at the opening ceremony will be the most subdued of any olympics in history. nevertheless, our tokyo correspondent rupert wingfield—hayes has managed to track down some excited fans. finding olympic fans in tokyo these days isn't so easy. but on th

general austin in singapore.s as dutere fights for his life in philippines with his final state of the union, addressing what we are talking about here, the exhaustion of the united states navy, this is about austin in singapore, the uss nimitz and marie horton finally home after 341 days at sea. this is showing the flag and it costs money. lisa: i would say the optics of this speech right now as you have mr. austin in singapore, you have the deputy secretary of state, wendy sherman who is in china for talks and these talks are on the heels of the last -- of the alaska meeting with china. you see the push from this administration, and especially this week we will have tony blinken heading to india. a push towards asia. making sure the united states shores up their allies as they try to confront and have more of this challenge with beijing. tom: does the biden administration have a south china sea policy? lisa: what they have right now, and they are still working on their policy, we have not heard as much about th

it looked like it has been spreading in singapore for some time undetected. their fish supplies. now there is a run on fresh fish. it comes at a time that singapore wants to shift from the aggressive approach. this is a setback and they will not be able to open or ease restrictions. haidi: are we seeing improvement when it comes to hong kong's vaccination rates? rachel: vaccinations have reached 2 million. but at the same time the hong kong situation locally is still very bad, only 25% are coming forward for vaccination compared to almost 50% in singapore. the u.s. and the u.k., those numbers are reaching about 50%. in hong kong, i think the resistance is quite strong. because cases have been zero for over a month now, there is no urgency and people are not worried, they are living life normally. the truth is that probably those rates will go up when another outbreak happens. kathleen: so, rachel, as the tokyo olympics get underway this week, what is it, 85% of japanese people say they don't approve? how does the rest of asia look at the fact that prime minis

welcome to newsday, live from singapore, i'm karishma vaswani. the headlines. at least 25 people are dead in the central chinese province of henan after the heaviest rainfall ever recorded. some forced their way out of trains on the subway. translation: we broke half. of a window so air could get in, otherwise we would have choked. the threat of climate change is all too real for many countries, above all low—lying ones. i'll be discussing this with david panuelo — president of the federated states of micronesia. as shock defeat for the us women's football team as action gets under way in tokyo — ahead of friday's official opening ceremony. unearthing archaeological treasure, such as discovery on extraordinary fossils from more than 150 million years ago. my my from our studio in singapore. this is bbc news. it's newsday. welcome to newsday — broadcasting to viewers in the uk and around the world. it's six in the morning here in singapore and henan in central china where the heaviest rains since records began have caused devastation in the province and affected

welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines: us covid cases continue to rise, in a push to get the nation vaccinated, all federal workers could be required to have the jab, or face more testing. japan records the highest daily number of coronavirus cases since the beginning of the pandemic. the delta variant, and the olympics, are being blamed for the surge. i'm sarah mulkerrins live in tokyo on day 6 of the olympics, where the men's golf competition is underway, with all eyes on masters champion hideki matsyuama for the hosts japan. simone biles is out of another olympic event. the star of the us gymnastic team explains the issues that caused her to withdraw. and, the hill—sides in north wales that are now on a par with, the canals of venice, and the great wall of china. it's eight in the morning in singapore, and eight in the evening in washington where president biden is expected to announce that federal workers will soon be required to confirm they are vaccinated, orface more testing. the numbers of coronaviru

i'm karishma, in singapore. our headlines..wal was a huge blow to the us team, which finished with the silver medal, but it also points to the growing awareness among athletes about the impact of high—level competition and public pressure on their mental health. i'm joined now byjulie gurner, psychologist and performance coach at gurner consulting. she joins us from new york. that to have you on the programme. you've tweeted that it took a lot of guts for simone biles to pull out — and absolutely, what a sense of self awareness in such a young person. as a psychologist and performance coach — what do you think must have been going thru her mind? you now, simone is a seasoned competitor on the world stage, she knows the potential fiscal consequences if she isn't in the right mental space. so these acrobatics are not low stakes, you know, it's a remarkable move by her despite public expectation in the mental fortitude despite public expectation in the mentalfortitude it despite public expectation in the mental fortitude it takes

an economic rebound in singapore. this is weeks of viruses. gdp for the 3 month at the end of june contracting from 2%, a jump of 3%. it means year on year, gdp was up more than 14%. no bases during strict lockdown at the start of the pandemic. the covid lockdown has been extended until the end of july in australia. australia is a good city -- australia's biggest city is performing more -- reporting more covid cases. australia is the second vaccine rollout among countries on the oecd. vonnie: lack of legal protections left asia's domestic workers among the hardest hit by covid. the implications with the international labor organizations. investors i potential problems. we bring in the details. this is bloomberg. ♪ ♪ david: we are looking ahead to u.s. bank warnings with three new ones set to report, wells fargo, city, and bank of america less in-line. morgan stanley numbers come up and a day after that, j.p. morgan and goldman sachs stocks hit despite a blowing away analyst estimates. second quarter revenue of jp morgan shows opportunity bounc

we are now hearing that singapore has found a new covid cluster, now saying the casino will close untilust 5. we know that singapore has been tightening restrictions on dining and social gatherings again and halted indoor exercise from thursday given the record number of covid infections. we have also seen other clusters, 179 new cases detected coming mostly from an existing cluster at a fishery port. the latest is that they've also found this casino cluster in this facility that will be closed until august 5. haidi: we been watching brisbane, it's been selected to host the 2032 olympics. the decision announced on wednesday evening and makes australia a three-time host of the summer games. talk me through the fact that brisbane was the sole bidder. does this indicate the appeal of hosting the games has diminished in recent years? >> it is all to do with the new process, the new normal that's been developed the ioc to reduce the cost of hosting. the objective of encouraging more cities and midscale cities like brisbane and southeast queensland for hosting the game. is part of a new biddi

trade relationships in the new pacific region as well as that delayed singapore travel bubble. get the first word news with vonnie quinn. vonnie: thank you. sources tell us tiktok owner bytedance is working to comply with data security requirements after meeting with chinese government officials earlier this year. bloomberg has been told bytedance's decision was in flux even before beijing's regulatory backlash. versus say bytedance meets regularly -- sources bytedance meets regularly with them about a range of issues including data security. lawyers for the ousted myanmar leader say four charges of corruption have been filed against her. she has been in detention since the military coup in february. she is on trial for sedition. lawyers will hear the new charges later this month. merck has learned janet yellen's pick for her department's top international jobs has been withdrawn. sources say the white house told economists that she will not be nominated. offering no reason. she is a former obama era appointee who works for hillary clinton and was slated to be nominated as unde

at citigroup. .9% higher on the quarterly basis and this we also had the bank in singapore seeing the market is not over seated at this juncture but citi expecting policy risks will remain the focus for the market given speculation that prices will dampen for the first time since 2018 but flipping the board, the top developer picking singapore remains -- the economy gradually reopens and with a busy third quarter of launches for the industry and pulling up a chart in australia, the hot housing market appears to be cooling. flowing prices on the high-end points to a clear shift in momentum. some are only likely to get tough this month with a lockdown, which has been challenging for mall operators. he expects less demand for brick-and-mortar stores so companies like center group are likely to see some over the next year. a dim outlook for aussie property stocks as we head for the worst week since february, haidi. haidi: even with those cooling expectations, the australian property market had its best year in 17 years, one of the many countries caught up in a global housing frenzy, spark

let me start with where i am in singapore. yes, as you were saying, we've seen a sudden surge in cases picked up in karaoke bars. what had happened there is there were strict restrictions on nightlife here and many of those establishments switched to being restaurants in order to get a license to continue operating. but as a result, there were things that went on behind the scenes that resulted in this sudden surge in cases. so the government is encouraging all those people to step forward and get tested. testing really is at the hard of singapore's plan as we move forward, but also are vaccinations. by august the 9th, they want to see at least two-thirds of the population vaccinated with two doses. in indonesia, which is a neighbor, a population of 270 million people, vaccination rate running at just 5.9% of the population. it's still very low. and many in the local press have reported a bit of an anti-vax movement in southeast asia, but also real problems with bureaucracy. if we hop on over to the philippines, where we're no

he joins us from singapore. good to have you with us. now, the full title of your book says the fragile financial foundation of china's extra ordinary rise. interesting, there is the world fragile. what role do you think will china's economy play 10 years from now? follow. i think if you're simply looking at the numbers, then the chinese economy is going to be bigger. it's certainly probably going to continue to grow the headline growth rate, so will be lower. it will clearly be a very dominant player on the global economy, but to create it will be how much it will be able to reach our company to be able to reach beyond that shit. sure. so far from that, i would also say, well, they're on the street, it's very important to remember in china. i think you simply can't separate economics from politics. the party certainly does not do that. she didn't thing see the politics, instrumental it konami. and i think it's very important to remember that because we're coming into much more volatile time, i believe are china and keeping those 2 thing

i'm in singapore.push to get the nation vaccinated means federal workers could be required to have the jab, orface more testing. on day 6 of the olympics — the men's golf competition gets underway — with all eyes on masters champion hid—ki matsuyama for the hosts japan — there'll also hideki matsuyama for the hosts japan — there'll also be golds up for grabs in rowing and swimming. let's stay with the olympics — the games are usually marked by people from all over the world coming together to celebrate athletes competing at the peak of their ability. but with no fans allowed in the stands, and people watching from their homes in tokyo and around the world instead, social media is more important than ever to help keep people engaged and up to date with all the gold medal drama. well one of the people behind the social media accounts is daum kim, digital media manager for the tokyo games, she's been telling me of her experience so far. well, we are more relaxed than we were in the last weeks. even into t

welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines... alarm injapan — is home success at the tokyo olympics fuelling the continuing rise of covid cases? there is between the rise of infection and the rise of the seriously ill patients inundating the hospitals and leading to the collapse of the medical system. leading to the collapse of the medical system. president biden tells millions of federal workers to get vaccinated or face regular testing — but there is a cash incentive. i know the pain of people who -ot i know the pain of people who got in — i know the pain of people who got in vaccinated mice and unfair_ got in vaccinated mice and unfair to— got in vaccinated mice and unfair to people who have gotten _ unfair to people who have gotten vaccinated already. here's _ gotten vaccinated already. here's the deal, if incentives help— here's the deal, if incentives help us— here's the deal, if incentives help us beat this virus i believe _ help us beat this virus i believe we should use them. an inquiry into the murder of a maltese anti—

they trace these messages all the way here to singapore 7000 miles away, they enlisted the help of singapore could have been a lot harsher but the premier league have already welcome to this. they second service of blueprint to security more convictions and tackle abuse on line no matter where it comes from in the uk or overseas. the united nations has warned that myanmar is heading towards a new civil war at an unprecedented scale. after months of brutal crackdowns by the military, some protesters have taken up arms in their fight to restore democracy. while the police have been used to suppressing mass protests, many are now under intense pressure to decide which side they are on. the bbc was given rare access to the first group of police officers who defected and are now on the run. 0ur asia editor, rebecca henschke reports. these men are attacking myanmar�*s police 200 kilometres east of the capital naypyidaw. they are part of the local branch of the so—called people defence force, civilians have taken up arms to fight restore democracy. they are attacking the police because of their rol