sophie: we certainly have some excitement here.ling off of ipo markets, and the debut of a pharmaceutical company here today is bringing a lot of excitement. we did see the share price jump, and on the trading floor, you are hearing excitement. .ishaad: indeed this is a historic moment, the rules being changed, to other companies which normally -- to debut here in hong kong. , crystal.ng at this what do you make of this? kristol: it like you said, it is very important for the hong kong stock exchange, because it is the first company to be successfully listed in hong kong. before we came to the studio, a newctually announced drug application with the china fda, for hepatitis. these kind of companies are extremely sensitive, it is new to everyone, including importers, the investors and the exchange. for this to trade while, it is extremely -- for this to trade well, it is extremely important for hong kong. rishaad: sf was are going to find out how many shares were actually on the table, and if it was oversubscribed there, sophie, bec

welcome to sophie and kill him sophie shevardnadze the wall has looked its destruction in the eyes seventy three years ago when american nuclear bombs dropped on hiroshima and nagasaki today can humanity count to gather and prevent the catastrophe from ever happening again i ask nuclear weapons disarmament activists hiroshima bombing survivor. one bomb one blast and the whole city's leveled inside. living fire and radiation in its wake the tonic bombing of hiroshima in one nine hundred forty five still serves as a reminder of the horrors of war especially when coming from the survivors of the explosion what was it like to live through a nuclear attack can the stories of eyewitnesses change the way we see nuclear weapons today and will humanity ever get of them. said scott thurlow survivor of the nuclear bombing of hiroshima welcome it's really great to have you with us. you where in hiroshima in august of forty five one thousand nuclear bomb was dropped on the city when now we know that a nuclear bomb kills not only at the moment of explosion but for many years after you weren't from our f

sophie scimansky in new york. sophie, thank you.t is gametime this week in the german city of cologne. hundreds of thousands of gamers flocking to the world's largest event of computer and video games. are reporter dived into the crowd which was anything but sedate. reporter: bang, and you are inside the game. not just on screen. the recent megahit fortnight breaks with tradition. playing is free and has attracted 125 million people in one year. >> the community is why the game is so successful. even things like nuits -- like new emotes or skins explode. reporter: these features are what players play for. -- pay for. others every state point where they get paid -- have reached a point where they get paid. hard-core gamers were at the heart 10 years ago and is still our. but esports has bought -- brought them from the basement to the statage. >> we used to be happy to get a mousepad or hardware, anything, really. now if you plate in the national league it is up to two euros per month. you can make up the five digits. reporter: it is

we talked to her mother quite regularly, andhe tells us every time she talks to sophie, sophie would and come toet picked up and she would ask when her mother was going to come. when we spoke to her yesterday, sht said sophie doesndo that anymore. ine worries that she's grown accustomed to lifhe shelter or life without her family. so she's continuing to work through the goverent reunification process. she's following the rules and submitting her documents, but she says she wants to see soph , so she's goingto pennsylvania, and she says when she leaves, she hopes that it will be with her daughter. >> woodruff: his three-year-old girl away from her mother, her family for six weeks, that's just hard to comprehend. amna, thank you. >> woodruff:y sth us. coming up on the newshour, myanmar struggles to control a and "eighth grade"-- a movie about navigating the tricky world of adolescen. >> woodruff: in africa, many technologies are beingsed to help raise the standard of living. special correspondent fred de sam lazaro reports from kenya's capital, nairo where one technology is helping bri

helena: sophie scimansky in new york. thanks for that, sophie. amazon founder jeff bezos could be falling behind in the private sector space race. there are signs that his firm's heavy rocket set for liftoff in 2020 may be falling behind schedule. his company faces stiff competition from none other than elon musk's spacex. reporter: just a month ago, amazon founder jeff bezos' rocket company successfully pulled offff its m most importat testst to date. but reports are saying the 2020 liftoff date may be moved back. engineers are still finalizing details on the heavy launch rocket. bezos has stressed that the timing depends on perfecting vehicle safety. >> and touchdown! >> this vehicle is going to carry humans. we will make it as safe as we can mamake it. we are going to test it. we are not going to take any shortcuts. we will put humans on this vehicle when we are ready and not a second sooner. reporter: the reusable relaunch of vehicle will be used to transport satellites. it will take tourists into space and bring them back to earth again. >>

sophie: i would not say so.irst of all, monetary policy and anything from the fed is usually not anything for the president to comment on. the independency of the fed is high. now trump once again is breaking the world's -- rules, and investors disapprove. obama's top economic adviser said nothing of this kind has happened in the past 25 years. one concern might be the fed will now be reluctant to slow the pace of rate hikes, even if it is thinking it is the best thing to do. it will look like they are responding to political pressure. i think the fed is going to do with the fed has to do. and the thing that they did not raise these rates is just a sign that they keep doing what they were planning to do anyway. it does not imply that they actually listened to the president. helena: and let's face it, the fed has rather a lot on its plate right now. the fed warning against steps towards a full-blown trade war. also hearing rumors at the same time that trump will raise further tariffs against china. so, what are i

sophie: these have been two tough weeks. the plan was to make everything easier for tesla, to take away the pressure of being a publicly listed company, judged by quarterly earnings, short-term profits, numbers, improvements in the performance of the automaker. for musk, it is more about the future and changing it is about the vision. it is not easy to find investors who stick with you while your company is still not making any profit at all. he wanted to go private. the people started to believe that he does not have the money to do that. the saudi arabian fund seems to be looking into a competitor, as we just heard. investors are, on top of that, concerned. he tweeted something late at night this weekend. the board seems to be thinking of a number two to help them out. barry and a huffington tweet -- - arianna huffington tweeted that he should get some sleep, and he responded aggressively. helen: we are hearing pepsi is set to take over soda stream. i hate to sound harsh on this one, but why? many people thought that soda

helena: thanks for that, sophie.rope is basking in its hottest summer since 1976 but there is one huge down side. there's hardly any rain. that's threatening the livelihoods of thousands of farmers and drought is wreaking havoc around the world. millions of hectacres of forest have been lost to wildfires and some countries in a state of emergency. >> the drought has affected all of northern europe. each -- even north of the arctic circle,, temperatures rose above 30 degrees at times. scscandinavian farmers expecting the worst harvest in a quarter of a century. the governments of latvia, lithuania, have declared a state of emergency. farmers in poland and czech republic are watching crops wilt and expect damage to be long term. experts say climate change is partly responsible for the droughght and expect further problems around the globe. >> all our climate models are saying the negative impact of climate change on agriculture will be much more severe i in tropicical regions of south asia and africa than in eururope a

sophie: not really.urkey is simply not important enough to the american economy, especially not to big companies like apple. the apple stock did not react at all. in fact it was green the entire trading session, so investors were not worried about this threat. in the end, american companies, american economy, and the american resident have more leverage, so it's an unequal fight, if you want. trump can cause way more damage in turkey than the other way around. we saw last week when he brought up tariffs on steel and aluminum, steel -- turkey is not in a strong position right now. it is a little more than saber rattling and the broader markets. there was even a rally on tuesday was stoxx crank -- gaining a strong earnings. fanny: can things get any worse in this dispute? sophie: yes, i would say so. the reason for this is donald trump. erdogan is not facing someone here who is trying to calalm markets by taking a cautious stance. instead, the white house is already harming the already begin to country eve

welcome to sophie and co i'm sophie shevardnadze as former again money president killed by his once a country's civil war takes an unexpected turn. and that is while a saudi imposed book a threatens hundreds of thousands with starvation what is official hold for yemen well i asked karma on a famous yemeni political activist and nobel peace prize winner. the civil war and you see the new bloody twist with president saleh killed by his former allies the battle lines are being violently drawn once again what will bring to the ravaged country. an opening for peace. in the stalemate of war and the law and starving civilians have to wait before the guns fall silent. got among the many journalists an activist winner of the nobel peace prize welcome to the show it's really great to have you with us. yemen's former president has been killed by his former allies they who face the alliance between them which fought a saudi led coalition is no more sallys death good for yemen or is it only going to make situation worse. first of all thank you so fans for r.t. for. inviting me to this program. it'

sophie is looking at the markets. sophie: quite a few catalysts to keep an eye on. asian stocks lower while the dollar is gaining ground, the bloomberg dollar index up one third of a percent supported by losses from oz a's -- aussie. this is being felt by the political turmoil in camera. the kiwi dollar on the back foot and we have the yuan also retreating. at 680 6.20 against the dollar as u.s. china trade talks have resumed. they want to maintain some of the weakness for the currency. in equity markets, the 100 down. andes could -- for korea china stocks have been fluctuating, as well as hong kong. some movers, qantas, the most in two years highlighting concerns around fuel and plane cost. also tbt telecom, gaining ground amid speculation it is mulling talks to verge with vodafone in australia. that is boosting singapore. me --a check on sound since ipo, trading above 18 hong kong dollars. it has been a rocky road since its make -- it made its debut. a mixed picture when it came to that income statement. thank you so much for that. breaking news out of australia,

sophie: i would say a lot at the moment.ther countries all face tough decisions now on whether to continue trading with iran and risk u.s. penalties or fall in line with the trump administration before sanctions on oil are due to take effect in six months. the white house's policy has faced a lot of resistance from europe. they all want to preserve the iran deal, even without the u.s. so now the eu is trying to get exemptions for domestic companies, and it is not clear yet if the white house is going to agree. the u.s. treasury said in a statement that the state department would evaluate and make determinations with respect to significant reduction exemptions. but companies seeking such exemptions were advised to -- purchases from iran during the 180 day wind down period. critics are now saying trump is escalating the situation for basically every country involved. ben: would you say it is clear what the u.s. government's ultimate goal in sanctioning iran is? sophie: i think that is hard to say. clearly washington is intensi

welcome to sophie and killing sophie shevardnadze don't trump has locked horns with his own intelligence and law enforcement how damaging can the rift between the white house and the american intelligence get well i asked him a decade ca veteran groff larsen. wants the american spy agencies are mired in a public scandalous political cycle with the investigation of president trump putting intense spotlight but his national fame. agency. the professionals at the cia and f.b.i. escape the polarization of politics. public and will therefore a radically changed the situation in the country. we're all from out larson former cia veteran who served as moscow section chief along other politicians welcome to the show it's really great to have you with us. now wolf the american intelligence community has been accused of being politicized many times in a bush sheriffs to politicians use it to justify iraq now agencies are again the world in a political scandal i know you pride yourself on your colleagues for being patry arctic nonpolitical but can you really be about politics in this line of work i

sophie in ‘t veld in brussels, welcome to hardtalk. hello.brexit negotiations very, very closely. are you comfortable with the fact that when theresa may and her government came out with their big proposal, the so—called white paper, their vision for what a post—brexit trade deal with the eu could look like, it was, effectively, dismissed by the eu's, the eu commission's chief negotiator, michel barnier, with barely a second glance? well, dismissed. i think mr barnier made it very clear that we are happy that there are proposals on the table. that's a start, that's necessary. he also made it very clear that some of the proposals clearly do not fit in, or do not correspond to the rules of the internal market. but there's clearly a basis to start the talks. and hopefully finalise the talks in time and try and avoid a cliff edge scenario. you say there is clearly a basis for talks. i'm struggling to see that basis because michel barnier, from the beginning of this process up until today, appears convinced that britain is still, to use the phrase

welcome to sophie and killing sophie shevardnadze don't trump has locked horns with his own intelligence and law enforcement how damaging can the rift between the white house and the american intelligence get well i asked him a decade ca veteran groff larsen. the american spy agencies are mired in a public scandalous political cycle with the investigation of president trump putting the spotlight but his national. intelligence agency. the professionals of the cia and f.b.i. escape the polarization of politics that is public and will therefore radically change the situation in the country. we're all from out larson former cia veteran who served as moscow section chief among other politicians welcome to the show it's really great to have you with us. now wolf the american intelligence community has been accused of being politicized many times in a bush sheriffs' to politicians use it to justify iraq now agencies are again the world in a political scandal i know you pride yourself on your colleagues for being patry atsic nonpolitical but can you really be about politics in this line of work

sophie and kill him sophie shevardnadze the wall has looked its destruction in the eyes seventy three years ago one american nuclear bombs were dropped on hiroshima and nagasaki today can humanity count to gether and prevent the catastrophe from ever happening again i ask nuclear weapons to them and activist hiroshima bombing survivor. one bomb one blast and the whole cities leveled in seconds living fire and radiation in its wake the atomic bombing of hiroshima in one thousand nine hundred forty five still serves as a reminder of the horrors of war especially one coming from the survivors of the explosion what was it like to live through a nuclear attack on the stories of i wouldn't change the way we see nuclear weapons today and will humanity ever. sets go thurlow survivor of the nuclear bombing of hiroshima welcome it's really great to have you with us. you where and hiroshima in august of forty five when their nuclear bomb was dropped on the city when now we know that a nuclear bomb kills not only at the moment of explosion but for many years after you worked for our from epicente

sophie.oth stocks not seeing much action before the debut come up but we did see the fall on the gray market ahead of trading. investors are not stampeding to get in on the action. china tower came in at the above $3r an ipo billion. part of that is due to the long-term outlook. according to bloomberg intelligence, the headwinds facing the company are a decisive factor. a large chunk of cost benefits are being passed on to customers , which are also its major shareholders. the company may have to compensate by offering up higher dividend payments. potentially considering a payout of 50% of net profit, but even then that would fall short of the dividend yield offered up by its chinese peers. beigene is the second biotech firm to list under the hong kong exchanges new listing rules and comes after last week's listing, down since then. beigene performance today seen as a litmus test of how investors are viewing the outlook for the industry in china that requires long-term commitment. also bear i

sophie in ‘t veld in brussels, welcome to hardtalk. hello.it negotiations very, very closely. are you comfortable with the fact that went theresa may and her government came out there need proposal, the so—called white paper, their vision for what abe post brexit trade deal with the eu could look like it was, effectively, dismissed by the eu's chief negotiator with barely a second glance? dismissed, ithink mr barnier made it clear that we are happy there are proposals on the table. that is the start and is necessary to heels made it clear that some of the proposals clearly do not fit in, or do not correspond to the rules of the internal market. there is clearly a basis now to stop the talks. hopefully, finalise the talks in time. and try to avoid a cliff edge scenario. you say there is clearly a basis for talks. i struggle to see that bases because barnierfrom the struggle to see that bases because barnier from the beginning struggle to see that bases because barnierfrom the beginning of this process up to now appears convinced that britain i

sophie's 11th birthday, the same age as harry when he got the infamous letter, inviting him to hogwarts, the whole world came to the world of harry potter at university of studios orlando, the parent company of nbc universal. >> i got my dream to get my letter from hog warts. >> in the last two decades fans around the world felt the same magic. over 500 million books sold in 80 languages, eight blockbuster movies, theme parks and most recently a broadway show. the franchise now worth a whopping $25 billion. >> i read one through four probably like 15 times. >> i remember sitting on my bedroom floor when my mom read me the first book. to think that was 20 years ago and now i'm here. >> kids putting down their phones and losing themselves in a world their parents love, too. >> it's really special family moment to share those kind of things with your kids. >>> isn't that what every parent hopes for? seeing your children absorbed in a great book? we appreciate you spending part of your evening with us. that is "nightly news" for this friday night. i'm lester holt. for all of us, have a grea

sophie, so good to have you on. thank you so much for your company.ut the day on the bbc live web page and on world business report. and aaron is in the london gateway today. we'll see you again tomorrow. hello. it's been a rather warm start to the day, temperatures getting into the 20s across england and wales, fresher than north across scotla nd wales, fresher than north across scotland and northern ireland. for many of us today quite cloudy, patchy light rain and drizzle particularly where it is weather front straddles northern ireland through central and southern scotland, western areas of england and wales. that's producing more moisture through this morning. a bit fresher further north across scotland, that you have sunny spells today, some breaks in the cloud across england and the far south—east of england in particular. further west staying cloudy, misty and perky around coastal hills of wales and south—west england, but for north—west england and northern ireland. bridge weiss, 17—20d, some sunshine in the south—east, temperatures reaching 2

one of his easy favorites is sophie.he has set one of the first records in his ten-minute photo challenge approximately while she's back bend, they're in huntington beach, california, that right there is jordan's own daughter and sophie is teaching her how do what she does. the thing is she really appears to be a natural. >> well, she's young. >> and she's flexible. >> and with a little guidance, she even pulls off this move. >> i did not know you could do that. with d you know you could do that? >> and she ends up being the subject of one of his challenges in the near future. speaking of challenges, they did hit the pier for this ten-minute photo challenge. her record was broken by four other performers and she's attempting to beat that record. how many pictures will she be able to take? the record right now stands at 18. >> even if she doesn't beat them timewise, i think she might get everybody when it comes to style. >> oh, yeah. especially when you check out this move. >> girl. >> that's her elbows. >> this one's goi

well for more let's bring in our wall street correspondent sophie she money sophie the u.s. president is hitting the turkish economy hard all for political reasons. well at this point trump is using trade policy to achieve something completely different than any changes to the trade balance this is not about trade christopher the turkey is not a major trading partner of the united states this number thirty two on the list and the u.s. actually has a good trade surplus with turkey of one point three billion dollars according to most recent data from two thousand and sixteen so this is about exerting pressure in terms of american prisoners being held in turkey person foremost but not only because of the detention of american pastor andrew bronson vice president mike pence has already demanded his release and now the white house is just too raising pressure on top of that is through later to charm strategy in iran and russia if trump wants to harm russia and iran iran even more with his sanctions he would like turkey to join him as they're importing most of their oil from the t

sophie: it depends on how serious iran is on blocking the street.y have threatened to close it and they have done it previously. the straight is a crucial conduit or global energies across and the narrow passage in the persian gulf facilitates the movement of 30 to 35% of maritime trade. the conflict around ran has -- around airan. president trump and rouhani are choosing very bold decisions. it could trigger an escalation. the exercise is in response to rhetoric from the u.s. so some say this is rouhani targeting the united states with the newly imposed sanctions and tariffs. >> they have made the threat before. it is a strong bargaining chip that they do have. what is the likelihood they will use it? sophie: that is hard to say from here and at the moment, it certainly is a bold threat. as we mentioned before, they have only talked the talk so far. it was more about psychology how it seems spirit it is a familiar refrain. the tough rhetoric if more than likely to be followed up by more mild retaliation attempts, maybe such as harassment in the str

sophie is looking at the lay of the land. sophie: we had chinese oil stocks rising.petrochina due to report results on august 30. profits expected to look healthy. and dissipating may report and 82% quarterly jump in profits for the second quarter. also expecting and may surprise with special dividends in the first half. c have goodpe prospects with shareholders. much forank you so that. a senior analyst is joining us. pretty impressive set of results. what were the highlights for you? >> the refining. we saw a record margins. so, despite the increase in oil sinopecwhat we saw was able to continue to deliver very strong margins. helped by strong demand we are seeing in china. chemical demand was also strong. sinopec really benefiting from strong underlying demand in china. haidi: in terms of the upstream business, is this a turning point? neil: i think we're getting close. there is still, a slight loss. it is also a big improvement on where we were a year ago. we are still seeing oil production volumes drop, volumes dropped about 2% year on year. gas volume growth is

that spring in our financial correspondent, sophie, very nice to see you.hat has been the reaction in the u.s. to the erdogan sanctions? sophie: maybe some investors are starting to get tired of the daily changing headlines and have started taking the profit invested money of the table. the country has pledged to invest $15 million in turkey, according to officials. and basically everything else, in the conflict, this is a strategic move. the united states is our trade partner, but it's not the only one. that's what turkey's trade minister said earlier. on the other hand, turkey is way less important for the united states, it's actually number 32 on the list of america's biggest trade partners. so erdogan should be aware of the fact that this is not a fight his country is going to win. these new sanctions are not going to seriously hurt the united states economically, and turkeys gdp is like 1% of the world's gdp, while the u.s. gdp amounts to 15% of the world gdp money. >> so there is a lot at stake. and serious developments in the tesla moved to go privat

for more let's cross over to our wall street correspondent sophie she must be sophie it was a very short tweet just eight boards and one figure what exactly is the f.c.c. looking at here. sixty one characters by the way and christopher it is not the medium it is the motive behind this tweet because in twenty thirteen the f.c.c. rules that it is not a violation of their rules to publish stuff relevant information on social media so it is more the fact that must have been communicating something to the broader public that has a huge impact on the stock price he has repeatedly complained about this prize about charts cashing out on the declining stop and yes the stock price had been hurting and this one tweet has cost a significant part of more than ten percent so this was very obviously a way of making the stock gain and charts lose money and then kristof there's the second part of the tweet a must stating secure funding this seems to be something off even higher interest for the f.c.c. as this is giving investors the impression that they will definitely receive four hundred twenty dollars

sophie hahn and thomas young were the other gold medallists.

helena: sophie scimansky for us on wall street, thanks. donald trump has been raising the stakes in his country's trade clash with china as he eyes raising tariffs from 10% to 25% on $2 billion of chinese imports. atat the same time,e, leaders aa meeting of southeast asian nations in singapore say they could have the world's largest free-trade deal in place by the end of the year. speaking at the opening of the event, singapore's prime minister said that asian nations needed to stay relevant in a time of uncecertainty. thee plan free trade deal would include 16 c countries and b be backed by y china. beijing has appealed to washshington to return too reasn after trump's latest threat. burton's -- britain's central bank has raised its interest rate despite fears that the brexit could cause a shock and months time. the quarter increases only the second rate increase since 2008. it is a response to some strong job numbers. the bank is expected to be more cautious in coming months as eu departure talks continue. the bank of england chief has w

economy but the global economy to thank you sophie saudi arabia says it's committed to selling shares in state oil giant a run off to media reports to the contrary the planned i.p.o. is a cornerstone of the crown prince's pledge to diversify the economy reducing its dependence on oil but there are signs the sale may not be so lucrative. it was said to be the world's biggest ever i.p.o. now there are doubts over whether iran co is to be floated all a report by the reuters news agency suggests that saudi arabia is pulling out of the stock offering amid fears that the sale could prove less lucrative than expected. the saudi government announced plans to sell five percent of the oil company back in twenty sixteen at the time it believed around coal would be valued at two trillion dollars or more. but several experts have since called that estimate into question and the financial advisers working on the proposed listing have reportedly been relieved of their. duties energy minister and incidentally also the chairman of saudi aramco tonight reports that the i.p.o. was off thing in a stateme

welcome to sofia killing sophie shevardnadze dollar trial has locked horns with his own intelligence and law enforcement how damaging can the rift between the white house and the american intelligence get why. i asked him a decade ca veteran groff larsen. points to the american spy agencies and in a public scandalous political struggle with the investigation of president trump putting the spotlight but his national. agency. professionals at the cia and f.b.i. escape the polarization of politics. public and will therefore radically change the situation in the country. we're all from out larson former cia veteran who served as moscow section chief among other politicians welcome to the show it's really great to have you with us. now wolf the american intelligence community has been accused of being politicized many times in a bush sheriffs' the politicians use it to justify iraq now the agencies are again the world in a political scandal i know you pride yourself on your colleagues for being patry arctic nonpolitical but can you really be about politics in this line of work i mean that

szymanski she's on wall street for us sophie seems like investors have lost faith in the latest. all these have been too tough we've the plan was to make everything is their protest such a take away the pressure of being a publicly listed company judged by quarterly earnings short term profits numbers improvements in the performance as an automaker while for a month it is more about the future and about changing it it's about the vision the expensive fortune and so it's not easy to find investors who stick with you while your company is still not making any profits at all so now you want to into all private but people start to believe that he doesn't have the money to do that the saudi arabian front seems to be looking into a competitor as we just heard and then investors are also on top of that concern for mark felt he tweeted something as late at night this weekend and the board seems to be thinking of a number two to help him out and then huffington post for honorary and i have friends who tweeted he should get some sleep and mark replied very passive aggressively. so you see

let's get more on this now with our financial correspondent sophie new york sophie clearly the latest ratcheting up of trade tensions between the u.s. and china there how's that playing out on wall street. well the investors here have tend to downplay concerns about these trade conflicts for the longest time and have been focusing on fundamentals and earnings but when we look at the charts out the dollar jones for example and other indices we can see subtle signs of declining optimism was freed last a few points on per se on friday it did look a little better again but it has gone all over that investors don't pay attention to terror threats at all the back and forth between china and the you as has turned into a downward spiral with neither of the two sides giving in so wall street is asking where is this going to end will trump be able to turn all of this into a win win situation or at least into america wins a situation all with china think he's taking it too far and retaliate even harder once american companies begin to suffer from protectionism and retaliation wall street cannot

here is sophie.sian stocks to be set for a third day of gains while dollar is recovering as the mexican peso switches gears falling with turkish lira and the yuan is up .2%. aussie dollar tracking that decline and the renminbi, as well. to greater china markets, you are seeing fluctuations for onshore stocks .y about .25% we have the hang seng looking for two-day gain, though trading your session lows. take a look at korean assets. the cost be gaining .2% and the korean won jumping to a two-month high. inflows gaining momentum on the government's plan to spend $420 million to spur growth and creating jobs and raising the minimum wage. checking in on the reaction in korean bonds, we are seeing korean bonds continue to rally. the five-year yield, falling while yields are picking up elsewhere and 10 year looking fairly steady. in the commodities space, metals slide. futures falling for a fifth straight a in shanghai. gains as u.s.n to stockpiles are continuing to shrink. haidi: breaking news wherever yo

sophie is here with indexes opening up. sophie: we have the regional benchmark seeing gains up .1%, but a mixed picture and we are seeing the yen gaining ground. thent to highlight kiwi-dollar back below 67 u.s. cents after the core dataset we got out of new zealand. home owning approvals fell the most in over three years. the aussie dollar, back below 73 after the miss in building data and falling home approvals. fell second quarter capex .9% on a quarterly basis but australian firms plan to spend 102 billion aussie dollar through, 2019, slightly better than forecasted. korean assets shifting gears, up one cost be -- cospi third of a percent for a 10th day in gains. bond yields are jumping ahead of the policy meeting friday. other moves in the bond space, you do have jgb yields nudging slightly higher ahead of the boj's bond buying plan for september to be released friday. it could be a matter of time before the 10 year yield of rises above the .2% level. treasury yields are keeping fairly steady. moves in commodities. met

yvonne: thank you, sophie kamaruddin, on your market open.rump says he is signing a new trade deal on mexico and he is calling on canada to get on board or risk being left behind. he announced the deal at a hastily arranged oval office event with his mexican counterpart joining by conference call. take a listen. pres. trump: i will terminate the existing deal. when that happens, i can't quite tell you, depends on the timetable with congress, but i will be terminating the existing deal and going into this deal. we will start negotiating with canada relatively soon. they want to negotiate very badly, but one way or the other, we have a deal with canada. let's bring in bloomberg's senior international editor, jodi schneider, joining us in hong kong right now. does this mean nafta is dead? it certainly looks like the agreement the u.s. and mexico have come up with is not nafta. it is between them. if they were to go ahead with this, it would be significantly different from nafta. the big question is is canada going to join or not. canada has some

sophie is that the stock exchange for us.s biggest ipo summer on record, but there is pretty much lackluster enthusiasm for them. why is this? wilson: investors -- sophie: investors not exact the chomping at the bit to get these latest ipo's, even as hong kong is set for its best quarter for listings since the fourth quarter of 2010. you can visualize that by jumping to the terminal.check out this chart in the gtv library. it shows you, before today's offering, 36 companies raised surpassingbillion, the roughly $7 billion raised in the first half of this year. when they include china tower and beigene, that will total $17 billion. bear in mind, 26 of those deals have been price at the bottom of their market rates, including china tower, which sell retail subscriptions coming in at the lowest since 1959 for an ipo about $3 billion. part of what could the dampening sentiment is the long-term profit outlook, which is uninspiring. appetite for these ipos has waned, an perhaps investors want to save their ammunition for the pipeli

sophie kamaruddin checking the markets.ks did slide aztec losses spiraled into a , passing 6.9% for the first time in more than a year. what is the out look for the yuan, and for that matter, do you see any intense pboc intervention in the pipeline? >> of course. the yuan is under the spotlight right now. the currency is the latest victim of the selloff in emerging markets. that is because of the dollar's and all the factors driving the yuan's decline over the past few months such as the china-u.s. divergence in whatary policy and -- traders are trying to do is trying to test the bottom line with the pboc. they want to see whether the pboc will support the currency at some point. as you just mentioned, the newest development is that the offshore yuan has inched very close to the record low. the last time it happened, the pboc intervened heavily with offshore liquidity to support the currency. the focus right now is whether the pboc will do this again. the views are actually very divergent. some are saying they will definite

thank you, sophie.to demand the restoration of devolved government at stormont. there has been no assembly in place since the power—sharing arrangement between the dup and sinn fein collapsed in january last year. today, the dup accused sinn fein of blocking a new deal. protests against the lack of governance began on social media, as our ireland correspondent emma vardy has been finding out. ..that we have no clue what's going to happen, and nobody properly speaking up for us... it started with a facebook rant. so i suppose i want to try and do something about it — i want to say to the politicians, "you know something, enough is enogh and we deserve better," and... after dylan quinn vented his frustration at northern ireland's lack of government, he began to get thousands of responses. so wedeservebetter really grew out of a video that i did, outside my house in fermanagh, and it was a call really for people to join me in some sort of campaign event to mark the fact that we were going to end up without