sophie: i am sophie kamaruddin in hong kong. kathleen: good evening from bloomberg's world headquarters in new york. i am kathleen hays. asian stocks set for gains after the nasdaq hit a record with tech stocks back in favor. the trade going into retreat. the white house plan talks between president biden and jean jinping as u.s. regulators step up pressure on chinese tech companies. japan's lifted the virus emergency one month below -- before the olympics. the games are underway. haidi: let's take a look at the rally through tech we saw overnight that will play through as a theme in asia. happy friday and what are you watching out for? sophie: happy friday, keeping a close eye on commodities. the markets adjust to the fed's timetable as we are seeing the dollar turn higher, hitting a two month high. shorts are getting dumped. that is weighing on commodities with the complex set for the worst week since march 2020. gold and soybean futures have wiped out year-to-date gains and commodity related stocks, we have seen those getting

mohammed: sophie, i just want to talk about another issue for a moment.n, so you have now chinese authorities that are encouraging women to have more children and to raise birth rates in the country, but that's not happening in every part of the country, right? i mean, china has been accused of forcing women of muslim ethnic minorities to have fewer babies, to suppress their population growth. the chinese government of course denies this, but what human rights watch found on this issue -- what has human rights watch found on this issue? >> well, maybe the best way to answer that question is to point out a concern that really sort of links these two issues, what's happening to uyghurs and other turkic muslim communities, but what's happening with the decision to shift to a three-child policy. you know, 10 years ago, if we'd been having this discussion, i think we probably all would have agreed that the abolition of the two-child policy to move to the three-child policy was inconceivable. but we probably also would have agreed that the chinese government co

sophie: i'm sophie kamaruddin in hong kong. shery: and i'm haidi stroud-watts in sydney.ok at the major markets opening across asia our top stories this hour, asia stocks look to set to follow the u.s. higher. the s&p 500 eked out a gain to hit a record but fears the delta variant could set back the global recovery. corporate china's health is in focus ahead of the communist party's 100th anniversary. contagion fears grow after bad debt manager another possible delay to its earnings results. and the fomc newest voting member says tapering liftoff could come sooner than expected. with the fed governor chris waller. sophie: major markets opening and we still have pressure in the last session. the worst day in about a week for asian stocks because of concerns of the delta variant. how are we setting up today? shery: we're seeing some consolidation for asian stocks at the start of trade this wednesday. the nikkei 225 gaining ground but at the 29,000 level and keeping an eye on vaccine-related plays and tokyo and elsewhere after the moderna shot produced antibodies against the

sophie: i am sophie kamaruddin in hong kong.ning from bloomberg's world headquarters in new york. asian stocks set for a steady start after the fed chair reiterates stance on inflation being transitory. jay powell says the jump in prices is

sophie: i'm sophie kamaruddin in hong kong. kathleen: good evening from bloomberg's world headquarters in new york. i'm kathleen hays. the fed tightened its timetable. policy makers predict two rate hikes as they inched towards tapering. haidi: bond yields jump and stocks fall as wall street reacts to a more hawkish fed. asian equity futures signal at a mixed start to the trading day. kathleen: joe biden and vladimir putin both claim victories from their first face-to-face summit after tapering over the differences in geneva. haidi: let's take a look at markets, how asia markets have reacted more hawkish than expected. a relatively muted reaction all things considering. how is ava looking? -- asia looking? sophie: we are expecting the same tone was futures pointing to some modest losses. moving to the downside by .3%. s&p e-minis under pressure. could be steady as we go and waiting on policy decisions from indonesia and taiwan. no changes expected from those central banks. we are seeing some moves in the forex space. the kiwi d

sophie kamaruddin is with us. sophie: stocks higher as we wrap up the first trading week of june. check out the yen, trading near that low. you have gold retreating further from 1900 after falling by the most since february. pulling up the terminal, it is rpi policy day. we do have a six meeting of the central bank on hold with bond buying very much in focus. ahead of this decision, you have india's stocks reaching new records and pushing the market value of india's market above $3 trillion for the very first time. shery: let's get to vonnie quinn for first word headlines. bonnie: thank you. the white house says joe biden will address hackers when he meets with the russian president. the russian government has denied knowing about for being involved in the attacks. meanwhile, russia says it is eliminating the u.s. dollar from its national wealth fund to reduce its exposure. the finance minister says it will shift to be long euro and gold. it affects about 119 million dollars in liquid assets. the move comes less than two weeks before a biden-putin summit in geneva. jbs says global

shery: let's switch to sophie for the stocks to watch. sophie: on the optimism around the u.s.oing to see if that can lift e.v. stocks. we are also keeping an eye on suppliers in the region after the company boosted record revenue in north america for the quarter for nike. we saw growth slowed in china. we are expecting an beach going forward. this company, stella international, derives 30% of its sales from nike. ever grand, shares of 10% this week, the best in eight months, after surviving another cash crunch. the stock hit a peak in may. sheri: coming up, we will get more insight on president biden's infrastructure plan in the u.s. economy with a research director. that is good for "daybreak: asia." our coverage continues as we look ahead to the start of trading in hong kong, shanghai and shenzhen. standby for "bloomberg markets: the china open." this is bloomberg. ♪ look...if your wireless carrier was a guy, you'd leave him tomorrow. not very flexible. not great at saving. you deserve better - xfinity mobile. now, they have unlimited for just $30 a month. $30 dollars. and t

that's right, sophie. only — challenges ahead. that's right, sophie. only a _ challenges ahead. sophie, only a few weeks since j challenges ahead. that's right, i sophie, only a few weeks since sir jeffrey donaldson narrowly lost the dup's first ever leadership contest but now he's going to take on the topjob anyway such but now he's going to take on the top job anyway such has been the unpredictability of what's been happening inside northern ireland's largest party. arlene foster was deposed as leader in april and she was succeeded by edwin poots, who was succeeded by edwin poots, who was himself toppled by another backbench rebellion in the devolved assembly at stormont. the party has settled upon a coronation rather than a contest to try to unite and heal some of those deep divisions. sirjeffrey donaldson, the only candidate to put his name forward. he is northern ireland boss �*s longest serving mp had been at westminster for 2h years. he longest serving mp had been at westminsterfor 2a years. he began his career in another party, the ulster unionists but he left in protest

sophie is in hong kong.tocks set for gains along with bonds, the aussie 10 year up by about six basis points, flattening of the curve in australia. jcc is looking to open higher, but we may see some caution ahead of tuesday's option. treasury futures slightly yellow -- lower. this underpins the fed's stance it is still a ways to go, pulling up the chart, while it may overshadow the inflation picture, there are still bets for us from recovery in the u.s. that will likely see the fed start tapering. analysts expecting the announcement will come in september and will feel -- fuel 5%, up to 2% on the u.s. ten-year. haidi: let's take a look at hong kong ipo's, tracking at their slowest paces. weaker markets, china's clampdown filling sentiment. our chief north asian correspondent stephen engle taking a closer look at all of this. what is going on? reporter: it's an about-face. the redoing stories in march about the blistering pace of hong kong ipo's. it has come to a grinding halt. i want to bring up the chart, i

sophie. sophie: we may be starting to see sleepy summer vibes. trading for the regional stock index. u.s. e-mini's little changed and there may be little on the data docket to spark some excitement. we have a final read on japan gdp and taiwanese trade data had lighting -- headlining. briefly touching $70 a barrel on monday and we have prices around 2018 highs and we do have 6 million barrels of oil. pulling out the terminal, while we are seeing these elevated prices, bloomberg intelligence says inflationary pressures could burst the bubble. oil, copper are set to lose if inflation tops 4%. reflation trade's performing well in asia at least with raw material and shipping stocks doing well this year. year-to-date, you have the energy sector topping the msci asia gauges, nearing 14% on the year to date in the region. haidi: breaking news. looks like independence energy is getting closer to a deal to combine with contango. kkr's independence energy is in talks to own a majority of the company. they are said to be near an agreement that would value t

sophie: we are seeing more action and currency markets. watching the turkish lira, falling to a record low against the dollar. this as erdogan indicated new interest for lower interest rates in turkey. in australia, after the rba held policy settings, we are waiting on the first gdp report and iron ore prices will likely drive growth in the first quarter. iron ore futures in singapore holding around 200 as china indicates it may seek to ease steel production curbs. spot gold around 1900 after slipping as we got that update u.s. factory activity report. we did see a pickup in new orders and longer delivery times, which may add to supply concerns as that weighed on copper. shery: positive eco data in the u.s. affecting market sentiment. take a look at this chart on the bloomberg. u.s. ism manufacturing numbers really topping estimates. also showing some ongoing difficulties from supply shortages and labor constraints. at the bottom panel, you are seeing the university of michigan expect a change in prices. that inflation outlook is rising. t

sophie is in hong kong.ing a mixed picture in tokyo with the nikkei under pressure and the topix gaining ground payment in sydney, aussie shares being led higher by energy and financials, jumping nearly 5%. iron ore futures climbed back above $200 in singapore and the kospi extending gains for fourth straight session. he on day in kia gaining ground, exports booming. pulling up a chart on the terminal, korea's economic recovery is being accompanied by the blue chart showing the pickup we are seeing hitting a high in may. topping the target for a straight month. bond yields have tracked at the pace of inflation with 2018 highs. pulling up a chart on the terminal, opec plans on sticking to its plans, clearing the way for brent to climb above $17 a barrel. inventory seems solid and goldman seeing $75 in the second half of this year. shery: still officials want concrete evidence before hiking production and they are pledging to keep a close watch. >> we would not see the market exposed to -- shery: mike joins us

sophie kamaruddin is in hong kong. what are you watching? sophie: steady as we go. a recent chart showing consolidation around the february high, unlikely to move far beyond this trading range given the slight moves we have seen across market in asia and we have them coming back online and pulling up the board, we are waiting on some data from the region including trade data from india, indonesia, and from the rba, we have meeting minutes ahead of governor those speech on thursday -- the governor's speech on thursday. aussie dollar, little changed. we could see a push above 78 it be a less dovish tone from the rba this week. aussie bonds lightly under fair. the offshore yuan hovering around the 6.41 level after the yuan pushed below its 20 day moving average for the first time since april. kathleen. kathleen: china's growing military might was one of the top items on the agenda at the nato summit in brussels. the communique highlighted the challenges beijing's growing influence on international policy poses to the multilateral order. >> we are concerned by china's c

and in washington, dc, sophie richardson, china director at human rights, watch a warm welcome to you all down. let me start with you today. do you think that this new policy is actually going to increase the birth rate in china as much as the government would like it to? i don't think so, because if you look at the policy i introduced 4 years ago about a 2 child policy. it has only brought in about 5000000 new babies and increased the birth rate temporarily from 1.5 to 1.7. but then the policy impact dissipated very quickly, 3 years later. so this time i think this new policy probably will bringing about 2000000 more, maybe that talk the overall birth rate won't change as much. stewart, what do you say is this new policy likely to alter china's demographic trends? no, i would agree with. with that, i don't think that it's going to make a massive change to the overall population structure of china. whether or not we use looking at the survey that we have weight suggest a very little appetite for 3 or 4 children. or even just looking across the region is chinese population becomes more

let's go to sophie kamaruddin in hong kong.tralia, china, hong kong and china offline this monday. in japan to the upside for the nikkei and topics this morning. toshiba shares are on the move amid the board shakeup for the company. the yen dang range bound ahead of industrial data as we count down and the doj on friday. ahead of that the 10 year yield pushing higher. switching the board come in south korea, a 10 year bond sale , and watching samsung shares after the company said no decision has been made about stopping production of its new budget phone because of. the chip crash. little move for the kospi after three began but trading has been you to with implied volatility in korea. in india higher food and fuel prices. checking on crude prices, oil prices hovering near recent highs with uti around $71 after three began. the policy division on the watch. checking out treasuries the 10 year yield 146 after resource the tenure at the tech -- best week in the. -- best week in the year. bitcoin prices under pressure after reachi

sophie.u are watching video game makers with the tencent backs -- seeking a listing in what would be korea's biggest ever ipo. also watching hyundai motor which has seen more factory disruptions from the chip shortage but operations are to resume at its plant on thursday. in tokyo, we are keeping an eye on mizuho with the top executives set to take pay cuts after they found management lapses. sony on watch after its playstation store added a new wish list button the cyber 2077 game. a step closer to reinstating that. let's get a quick check on market action ahead of the fed. we are seeing futures pointing to some marginal losses and quibi stocks are .25% this morning. -- kiwi stocks at .25% this morning. kathleen. kathleen: thank you so very much. coming up, citigroup's joe hana joins us to preview china's may activity data dump later on wednesday. a lot riding on this. how much will the year-over-year affect pullback retail sales? can the consumer pick up steam and keep the economy going? th

sophie: i am sophie kamaruddin in hong kong. shery: good evening from bloomberg's world headquarters in new york. asian stocks set for a steady start after the fed chair reiterates stance on inflation being transitory. jay powell says the jump in prices is tied to the economic reopening. the wild ride for bitcoin continues, bouncing back after tumbling below the 30,000 threshold. plus, morgan stanley tells staff they must be vaccinated against covid-19 to enter its new york offices as wall street find tunes its return to work policies. haidi: let's take a look at how we are setting up when it comes to the asian trading day. we will give it over to sophie kamaruddin in hong kong. sophie: a study start for asian stocks after the regional index capped the best session in a month on tuesday on that typical bounce back and early in the asian session, u.s. the minis think steady as well. nasdaq futures extending gains after that benchmark hit a fresh, all-time high. switching out the boards, focusing on commodities with the inflation

haidi: sophie, what are you watching? sophie: asian stocks had a costly hit, a fresh record high on friday. we are seeing moves for futures in asia. kiwi stocks under pressure. kiwi and aussie dollars on the back, it has been imposed on sydney. new zealand officials, saying they are not out of this yet. we are seeing markets pricing and for more than 50%. with that, pulling up the chart of the terminal, central banks of the u.k., canada, south korea and others among those with stimulus exits. they are signaling they will likely keep steady. overall, a gradual is expected. jp morgan predicting that lower rates flattening to the end of the year 21 28 from 127. shery: the key question is what happens to market volatility in the meantime. we are also watching bitcoin. in focus after the latest regulatory hit. the u.k. betting crypto exchange of operating there. the company says it not -- has not operated in the u.k. yet. let's bring in drama, we continue to see diverging views when it comes to cryptocurrencies. this latest on

well, sophie, the weather toda has natalie? well, sophie, the weather today has been _ natalie?n appalling, - natalie? well, sophie, the weather today has been appalling, but - natalie? well, sophie, the weather today has been appalling, but the l today has been appalling, but the atmosphere inside here is electric. like you said, just under an hour to go until kick—off. both sets of fans know exactly what's at stake. england could qualify for the last 16 with a win, they are looking to build on that composed performance in the 1—0 win against croatia. scotland meanwhile lost 2—0 to the czech republic and know that a defeat here today would leave their hopes are little wobbly, although not necessarily terminal. much is riding on this for both sides, and if you look at the ties between the nation and the history, it adds up to an in encounter with a special edge. for these oldest of footballing rivals, the euros has brought mixed fortunes. but for fans, the wait is finally over. bagpipes skirl. the weather hasn't dampened the spirits of the travelling tartan army. outnumbered the

haidi: sophie kamaruddin is in hong kong. sophie. sophie: asian stocks may falter after the two day again. we are seeing nikkei futures moved to the downside and kiwi stocks slightly higher for a third session. u.s. menus edging higher after the mixed session we saw on wall street. the nasdaq clenched another record high while the s&p 500 slipped and checking in on currencies, we did see the dollar hit a speed bump, seeing the yen recover some losses but it is the 111 handle. this bond policy divergence between the boj and other g7 banks and goldman seeing more dollar strength in the near term. currencies are penciling in 640 and three months. the fed shift has arguably truncated the risk of a sharp dollar depreciation driven by high inflation and very low real rates. we have seen the dollar strength coming up late given dollar bears are heading to the exit. sticking to its long-term call for dollar weakness. g10 and em currencies. goldman recommended the fed to prevent was probably going to far. shery: breaking news. we are hearing

sophie hutchinson, bbc news.e pandemic show that in the past 2a hours ten deaths were reported and there have been 7,673 new infections which means an average of 7,672 new cases per day in the last week. over 132,000 people received a first dose of the vaccine in the latest 2a hour period, meaning nearly 42 million people have now had their firstjab — that's 79.4% of uk adults. the number of people who've had their second dose of the vaccine in the latest 2a hour period, is nearly 236,000. over 30 million people have had both doses, meaning 57.4% of uk adults are fully vaccinated. in scotland, the first minister said that covid restrictions were likely to be extended beyond the 28thjune — the date when they were expected to be eased. nicola sturgeon told msps that caution was needed, as a significant number of people were still not fully vaccinated. 0ur scotland editor sarah smith is in glasgow. what were the factors beyond the ones i havejust mentioned? what were the factors beyond the ones i have just mentioned

well, sophie. in _ behind this sudden rise? well, sophie, in recent— behind this sudden rise?ew cases have been male, and these males have been aged between 15 and 1m. so, they are less likely at the beginning of the year. alexandra, thank you. the time is coming up to 20 past six, our top story... russia says it has five shots and dropped bombs in the path of hms defender, a claim denied by the ministry of defence, but our correspondent on board says the situation is tense. coming up — after winning their group, england will find out tonight who they will take on in the knockout stage of the euros. coming up in sportsday, france, portugal, germany, who will it be next for england at the euros? hungary can also qualify. last month, we brought you the story of the thousands of unmarried women in england who were forced to give up their babies for adoption in the 19505, �*60s and �*705. tens of thousands of women in scotland also went through the same trauma. now they want a formal apology from the government, and tomorrow, some will meet the scottish children's minister. duncan

sophie: i'm sophie kamaruddin in hong kong. haidi: i'm howdy stroud-watts in sydney.ries this hour. asian stocks look set for a weaker open. investors are wary robust economic data could trigger a taper tantrum. the u.s. locks investment -- blots investment into 59 chinese companies. american investors put on notice to divest. rollbacks coming as concerns mount on red hot economies. shery: japan, south korea and australia coming online. sophie: we are seeing the nikkei back below 29,000 points. watching chip stocks on reports the industry may get some government backing. we do have the yen trading 110. china ahead of the u.s. jobs report. markets have been muted given we have seen volatility in action interest. the u.s. 10 year yield opening above the 162 level. in south korea, we are watching to see if the kospi can clinch a fresh record. the stock climbed to 110,000 yuan. the kospi losing ground along with the cause dax. the korean you want -- the korean yuan could be heading for a three week gain. switching the board, in sydney this morning, checking on the asx 200

sophie: i'm sophie kamaruddin in hong kong. kathleen: good evening. i'm kathleen hays.ries this hour. asia stocks look set to follow wall street lower on economic data ahead of the fed's policy

this is from sophie. its, restrictions be lifted on them? this is from sophie-— is from sophie.a lot of people are concerned about that in one of- is from sophie. a lot of people are concerned about that in one of thej concerned about that in one of the reasons— concerned about that in one of the reasons why weddings are clubbed with the _ reasons why weddings are clubbed with the rest of the indoor large events— with the rest of the indoor large events is— with the rest of the indoor large events is it involves multiple households mixing and indoor mixing is one _ households mixing and indoor mixing is one of— households mixing and indoor mixing is one of the — households mixing and indoor mixing is one of the risk factors on how the virus — is one of the risk factors on how the virus transmits. it tends to be more _ the virus transmits. it tends to be more young — the virus transmits. it tends to be more young adults who have not been vaccinated _ more young adults who have not been vaccinated with two doses and there is also _ vaccinated with two doses and there is also a _ v

sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market opens. haidi: i am haidi stroud-watts in sydney. welcome to "daybreak asia." the senate passes a sweeping be-all -- sweeping deal. $52 billion for chipmakers. bitcoin slumped as a recovery -- cryptocurrencies are beyond government reach. talks on joe biden's infrastructure plan hit a republican roadblock but the -- he said he would be pursuing other paths. shery: we are getting the final gdp numbers and it is a revision upwards to 1.9% of growth year on year. it was previously thought that it would be a growth rate of 1.8 percent. when it comes to the quarter on quarter numbers, revision upwards to 1.7% from 1.6% for the first quarter. we are seeing a little bit of game for the manufacturing side of things. growth, 3.8% quarter on quarter. 4.1% year on year. a big recovery when it comes to both food services side of things. we continue to see this export led recovery for south korea, not to mention perhaps a bit more stronger domestic demand given the vaccination uptake. unemployment rate co

so now though we've got this surprised development with the house arrest us sophie. so the biggest lawyer is saying that they are now expecting immediate context with the russian diplomats, which could lead to a positive outcome. this is how the lawyer puts it, which could mean that she could be allowed to go back to russia. however, when it comes to romance, protest savage, there is still a big question mark when it comes to his fate. the tech world and shock of the death of anti virus software pioneer john mcafee. he was found dead in his barcelona prison cell on wednesday, just hours off to spain. national court ruled in favor of extradited him to the u. s. he was known over the years for his extravagant behavior and outspoken a behavior. and also his regular challenges to the status quo in america. dimitri pope looked back at life, john mac, and he was a color full personality to say the least. a rabble with a biography that reads like a hollywood script. eccentric millionaire computers, viruses, anti virus software, crypto currencies, drugs, boe chases, paraglid

sophie, - all? those questions will be asked locally, i'm sure. sophie, and - all? locally, i'm sure. sophie, and miami thank you very much for that. let's take a closer look at the possible causes of the building's collapse and speak to mehrdad sasani, a professor of civil and environmental engineering at northeastern university. before we come to the report that sophie hasjust before we come to the report that sophie has just outlined, before we come to the report that sophie hasjust outlined, can before we come to the report that sophie has just outlined, can you talk to us about how or what you need to take into consideration in a maritime environment like this? what extra considerations do you have to have with regard to the steals and the concrete?— have with regard to the steals and the concrete? ,, ,., ., h, ., the concrete? sure, so one important otential the concrete? sure, so one important potential cause _ the concrete? sure, so one important potential cause to _ the concrete? sure, so one important potential cause to these _ the concrete? sure, so one i

sophie: i'm sophie kamaruddin in hong kong.evening from bloomberg's world headquarters in new york. i'm kathleen hays. the fed tightened its timetable. policy makers predict two rate hikes as they inched towards tapering. haidi:

sophie: i am sophie kamaruddin. we are counting down to asia's major market opens. policy makers are pushing to ensure the g7 tax plan does not lead amazon off the hook. new rules could target its cloud computing business. a company surges as the fda --

sophie: i am sophie kamaruddin in hong kong. shery: good evening. i am shery ahn.ries this hour. more hawkish messages from the fed. asian stocks set to dip after raphael bostic forecast a rate hike next year and said tapering could happen sooner than expected.

sophie: i am sophie kamaruddin in hong kong.ening from bloomberg's world headquarters in new york. i am kathleen hays. asian stocks set for gains after the nasdaq hit a record with tech stocks back in favor. the trade goingre

sophie: i'm sophie kamaruddin in hong kong. shery: good evening. i'm shery ahn. our top stories this hour. the communist party of china celebrates 100 years. xi jinping is set to highlight his leadership as he makes the case for another term in power. asian stocks look set for a muted start. traders weighing concerns about covid-19's delta strain and looking ahead to a key u.s. payrolls report. plus, more banks are pulling strings to attract and retain talent. citi and barclays, attempting to gain an edge over rivals with a range of benefits. haidi: let's take a look at how we are shaping up for this session in asia. sophie: asian stocks notching a fifth quarterly gain but the events did peter out into the summer with the index underperforming global peers. that is the white line here on this chart right now and we did have the index underperforming in global stocks by the most since 2015 in that april to june period. it is a widening gap with the u.s. and europe and we saw matt tam -- latam stocks looking to outpace asia. bnp paribas staying constructive. maggar

and sophie ecclestone takes four wickets, but is it enough to help england see off india?me along, thanks forjoining us. arguably the most exciting group at euro 2020 is in action today. the defending champions portugal are playing germany — we'll bring you the latest on that in a moment — but before that game, the world champions france took on hungary in budapest. the hosts nearly pulled off the shock of the tournament, as adam wild reports. chanting champions of the world for the tournament. there is little wonder french fans were in high spirits. hungary, not too many problems. france are a team of superstars and they are already impressing. they let slip several stenches before the best of the lot —— several chances. they should have been ahead and clearly knew it. not the end many expected.— been ahead and clearly knew it. not the end many expected. goodness me! the world champions! _ the end many expected. goodness me! the world champions! this _ the end many expected. goodness me! the world champions! this was - the end many expected. goodness me! the world champio

sophie: -- shery: our top stories this hour.n says higher rates could be good for the fed and america as she urges president biden to push on with his massive spending plan. g-7 nations agree on a

ah, me sophie shevardnadze, mrs. sophie visionaries well in the previous program, we have a unique catholic, extra ordinary endurance to cold, brought about his nickname, the iceman will continue talking to extreme athlete. wim, half the skin is the biggest of ours and we've got it. always dressed, covered up no simulation. logically, it is directly connected to the vascular system, which is 800000 kilo. everybody of us and it contains millions of little buckles. if you are forced to do all the little muscles, millions they are going to work. what happens heart rate is going to go down because the blood flow is being helped. and then when the blood flow goes better through the system, it reaches this sounds much better, which gives me you much more energy. so i assume that like all extreme conditions, cold sort of forces your brain to mobilize and activates the survival mode. do you know how these things work on a new or a biological level? we are able to activate the brain now will really, which is dealing with the stress of the i few water and off know breathing in bree specific breathing

sophie: that kicked off in the second quarter of last year.imming their overweight position in equities to 49% given the valuations are looking highly stretched. flipping the board, when it comes to playing the recovery and reflation trade, you have socgen saying go along europe and em stocks. -- go long europe and e.m. stocks. plus socgen saying it is time to reload on green transition stocks. in asia, we have an indian billionaire planning to spend $10 million in this space. shery: a chinese ridehailing giant releases more details about its plan to ipo in the u.s. we have the latest. this is bloomberg. ♪ >> we know we will never be able to compete before large developers, nor do we want it to, and therefore, our advantage might be in innovating. the ambition from the board and myself to grow or amend, i don't think we saw i was going to take it out of property development into co-working in fitness and wellness. shery: that wounds michelle young, director. catch more of that exclusive interview on generation x, monday, need, and sunday eveni

rishaad: we are tracking u.s. -- sophie: we are tracking u.s.he fed meeting on wednesday. where to from here? sophie: at stan chart, they say the wave could be paved -- the way could be paved to push for 130. yelled cuts lower by the fed's message. they believe the drop in yields is looking overdone. there are seeing increasing chance for modest gains in the coming months with a fed focus on tapering likely a potential catalyst. jp morgan, morgan stanley and td securities are recommending bond bears stare the course on the risk for a -- stay the course on the risk for a hawkish surprise. that could push yields back to the 170 level. rishaad: good stuff. sophie kamaruddin having a look at some of the calls from analysts. we have china markets closed. hong kong and taiwan also. this is the state of play. we have singapore fractionally lower. jakarta moving to the upside. malaysia, which is having is locked on extended by two weeks. moving to the upside. we have kl market up three quarters of 1%. a clear out performer with regards to what is going

sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market opens. stroud-watts in sydney. welcome to "daybreak asia." the senate passes a sweeping be-all -- sweeping deal. $52 billion for chipmakers.

sophie: i'm sophie kamaruddin in hong kong. shery: good evening. i'm shery ahn.s hour. the communist party of china celebrates 100 years. xi jinping is set to highlight his leadership as he makes the case for another term in power. asian stocks look set for a muted start.

we didn't go well, a sophie, the new field, sophie in developed monitors, media, freedom of the european parliament, put together a live zoom hearing that he agreed to attend. however, during the hearing, he demanded to play a 16 minute long propaganda video about how he sees the media and so vimeo. i would now like to ask this video to be played in putting football to millionaires, but when they write denied his request, cried censorship. it seems that you don't want to play this video because of its content in the stone. all you simply disconnected and left the meeting. i've been told that the prime minister has disconnected so i take it that the session was not liking, could new enough, sammy late that, but generally know if the chairwoman of the european parliamentary committee doesn't really great. i don't think that's reason enough to area toys of those that i looked at me provide me with verbal and physical attacks on journalists took place in slovenia by and large during the left leaning governments. the media outlets were talking about the video. none of them actually we are doi

sophie long, bbc news, in the nevada desert.rantee of summer—like weather. in scotland, we had the most daylight hours. there is some sunshine, maybe a passing shower in the highlands. in the midlands more rain to add to the growing total. an area of high pressure nudged across scotland and northern ireland where we will see most of the summer solstice sunshine today. a passing shower in the highlands. passing rain and drizzle passing further south. the heaviest rain sitting across southern england, southern parts of east anglia. temperatures struggling, around 12 celsius as a high today. even in the sunshine we are talking high teens. not particularly warm in the wind direction by even when you have the blue sky. outbreaks of rain this evening and tonight. elsewhere dry or becoming dry. in scotland, some spots in the highlands may end close to freezing with a touch of frost going into tuesday morning. for many a dry day with sunny spells. light rain and drizzle still lingering in the far south—east of england, clearing away int

sophie long in miami. action at euro 2020, where we saw the upset of the term and so far. the reigning world champions france were not up ice whistle and on penalties. france out to a 3—1 lead, but the swiss managed to equalise in the dying minutes, forcing extra time up. the match and with penalties come over the two teams when school for goal until a stunning save from the swiss keeper yann sommer. killian mbappe is the crucial kick and cause the chocolatey tournament. the earlier kick—off, spain beat croatia —— missed the crucial kick and because the shock of the attornment. the spanish pod their way back and after time to book their spot in the quarterfinals. the final score was 5—3. let's give other news now. belarus has said it is suspending a partnership agreement with the european union, in the wake of a continuing row over the arrest of the opposition journalist roman protasevich. the move comes after the eu announced trade sanctions on parts of the belarus economy. belarus has recalled its ambass

sophie hutchinson, bbc news.at in the past 2a hours, nine deaths were reported and there have been just over 9,000 new infections, which means an average of 7,888 new cases per day in the last week. over 190,000 people received a first dose of the vaccine in the latest 24—hour period, meaning over 42 million people have now had theirfirstjab — that's nearly 80% of uk adults. the number of people who've had their second dose of the vaccine in the latest 24—hour period was 230,666. over 30 million people have had both doses, meaning nearly 60% of uk adults are fully vaccinated. now, as the vaccination programme has progressed, there's been speculation about whether children aged over 12 would get the jab. the bbc understands that teenagers are unlikely to be called anytime soon — not least because all available supplies are needed for adults. 0ur health correspondent catherine burns reports. the uk was one of the first countries in the world to start vaccinating people against coronavirus. we began with the elderly

sophie hutchinson, bbc news.in the global fight against covid—i9. but the environmental impact is obviously massive with millions of masks ending up in landfill. so is re—usable ppe an option? researchers in new zealand have been investigating. (read on dr mark staiger is an associate professor in materials engineering at canterbury university in christchurch, new zealand. before we move on to what you are investigating tell us what is happening to ppe at the moment. is happening to ppe at the moment-— is happening to ppe at the moment. , , ., moment. yes, so, there is a hue moment. yes, so, there is a huge build-up _ moment. yes, so, there is a huge build-up of— moment. yes, so, there is a huge build-up of waste - moment. yes, so, there is a huge build-up of waste and | moment. yes, so, there is a . huge build-up of waste and ppe huge build—up of waste and ppe around the world because of the pandemic and the way they are normally disposed of is to incinerate so a lot of countries are incinerating that in many co

sophie long reports. my my gosh!y fighterjet and an unidentified flying object, or what the pentagon prefers to call an unidentified aerial phenomenon. lieutenant commander alex dietrich was an operational fighter pilot for ten years. she was with three other pilots on a routine training flight when they witnessed an unidentified object in the skies off the coast of southern california, now known as tech tech due to the resemblance to the mint. tt tech due to the resemblance to the mint. . , tech due to the resemblance to the mint. ., , ., the mint. it was travelling very fast _ the mint. it was travelling very fast and _ the mint. it was travelling very fast and erratically, l the mint. it was travelling i very fast and erratically, and we couldn't anticipate which way it was going to turn, couldn't understand how it was manoeuvring the way that it was or the propulsion system. this official footage _ or the propulsion system. this official footage from the us department of defence published for the first time in 20

the bbc�*s sophie long reports. my gosh!between a us navy fighterjet and an unidentified flying object — or what the pentagon prefers to call an "unidentified aerial phenomenon". look at that thing! it's rotating! lieutenant commander alex dietrich was an operational fighter pilot for ten years. she was with three other pilots on a routine training flight when they witnessed an unidentified object in the skies off the coast of southern california — now known as tic—tac, due to its resemblance to the mints. it was travelling very fast and very erratically, and we couldn't anticipate which way it was going to turn, or couldn't understand how it was manoeuvring the way that it was or the propulsion system. this official footage from the us department of defense, published for the first time in 2017, totally changed the debate surrounding ufos. reports of strange objects in the sky that were once ridiculed are now seen as having potentially serious national security implications. leslie kean, who broke that story, says the stigm