suzuki should take a bigger hit because japan is an important market for suzuki.than mazda. the thing is japanese customers sensitively, this kind of negative news. if a company is involved in a scandal like this, they will stop buying the cars for quite a long time. we should take a look at the sales momentum from now on especially on suzuki. there has been more than a few government scandals when it comes to japan, inc. what does this say about japanese carmakers? >> it shows there is a compliance issue for japanese carmakers. this final inspection issue has been going on for more than a year. usingrted from nissan uncertified instructors in its process and developing to manipulating fuel economy data. it shows the japanese companies are not treating this regulation , this very seriously and there is a fundamental compliance issue. a lot of problems on the ground are not reported to their top management. thank you for joining us. asia autos reported in tokyo. samsung has released details of an enormous investment plan worth $161 billion. money will go into r&d a

the worst offender is suzuki., it goes back to 2012, and about 50% of their cars, 13,000 cars that were tested, 50% of them were tested improperly. the offences were far less at master and yamaha, only about 5% of their vehicles were tested in an incorrect manner. but the reason these internal investigations by these companies came about was that similar issues we re came about was that similar issues were found at otherjapanese auto—makers, nissan and subaru, earlier this year. as you can imagine, suzuki's shares fell on the news come about 6% down when the market closed a short time ago. yamaha shares lost about 4% and master was down about 1%. forjapan, the manufacturing industry is typically known as highly efficient and high quality. so they are being tarnished by these repeated scandals. thank you forjoining us. let's ta ke scandals. thank you forjoining us. let's take a look at how the markets are faring. apart from the decay, a good picture all round, the hang seng is up, the chinese market are higher, and

satomi suzuki ofjapan won the women's 50 metres breaststroke title in a new games record of 30.83 seconds in the process. there was gold, too, forjapan in the blue riband event of the games, the men's 100 metres freestyle won by shinri shioura, and china's wang jianjiahe demolished the field to win the women's 800 metres freestyle in a new games record of eight minutes 18.55 seconds. earlier in the day, there a first gold medal of the games for hong kong. jacqueline siu wing—ying, competing in herfourth asian games, won the individual intermediate freestyle event on her horse "jockey club fuerst on tour". in the men's football competition, south korea are through to the quarter—finals after beating iran 2—0. hwan ui—jo scored just before half—time, with lee seung—woo adding the second just after the re—start. south korea will now face uzbekistan, who beat hong kong 3—0. and vietnam are also through to the last eight. they beat bahrain 1—0 with a goal scored two minutes from time, and they'll now face syria who beat palestine 1—0. golfing superstars tiger woods and phil mickelson will go h

dan suzuki, fantastic. let's get to first word news.hite house has moved flags back to half staff. in a statement, president trump says, "despite our differences on policy and politics, i respect john mccain's service to our country." senate leaders of both countries had formally requested that american flags at government buildings stay at half staff to honor the passing of mccain. they had been lowered but were back at full staff today. mccain died saturday after a battle with brain cancer. president trump today welcomed to be of kenya to the white house where they discussed issues of which will benefit and concern. secondsident is the african leader to meet with president trump in the white following a prayer -- following a visit from nigeria's president earlier this year. renew ae here to partnership, especially in our fight against terrorism because of the neighborhood we're in. lady melania trump, who helped welcome president kenyatta and his wife to the is planning a solo trip to africa this fall. the continent of europe can no l

. >> in the minutes after the attack, this red suzuki pulls up to the garage exit, the wrong exit.what seems to be a black hooded sweatshirt gets out of the back seat to check the exit gate before jumping back in. >> we ran the vehicle license check, and we found that one of the vehicles that were leaving the garage was associated with mr. fayed and goldfinger. >> mr. fayed's business. >> yes. >> detectives traced that red suzuki suv to an avis rental car center in camarillo. the car was leased by goldfinger, jim fayed's company. one of jim's nephews had recently relocated to california and had driven the car for about a month until just a few days before the murder. after that, the car was in the care of the fayeds' ranch hand, a man named josÉ moya. >> investigators say it was moya who was behind the wheel, but on the tape there seemed to be three people in the vehicle. who were they? a month later josÉ moya was arrested and charged with pam's murder. he pleaded not guilty. it turns out josÉ moya knew pam. not only did he work on their ranch, he even had his own living quarters o

rishaad: you were talking suzuki earlier. highest profit in four decades! unbelievable.china's resource shares on the way up. 1.1% last time i checked after its parent concerned a tie up with heineken. it is a deal worth $3 billion u.s. bloomberg editor m o'brien is in beijing. tell us about this. toeholdineken gaining a in the chinese beer market, the world's fastest-growing, and the second-biggest and fastest-growing for premium brewers. it is not a cakewalk here in the beer market of china. you have a sort of fight between the big beer giants. ushedser-busch has p down prices and made a competitive market. they will have challenges coming in here and seeking a told. rishaad: what does it materially emma?here ultimately, a francine: they are get -- emma: they are gaining a 40% stake in china's biggest brewer, so not ends dividend, and it seemed like the pretty good move. it is probably a better decision than coming in alone. goodgain the very best selling snow beer brand in china and a platform to be able to promote their own premium brand, the fastest-growing sector o

it's not clear whether 22-year-old deray willson was part of the swarm when he crashed a suzuki atv into anotherling in chinatown about 7:30 p.m. sunday. a spokesmd. for fire and ems tells news4, willson is an ployee of d.c. fire and ems where he works as a firefighteee he has so for a little over a year. he was arrested for drive agatv in a public space. willson has been placed on administrative leave. d.el police us they made three arrestsra and seized se atvs on sunday. live in northwest, jackie bensene news4. >>>ve got breaking news tonight. head football coach at one of the country's top programs get suspended for three games for his admitted mitt handling of domestic abuse allegations against a member of his coaching staff. urban meyer leads the program at ohio state university. he fired his assistant zack smith this july. his ex-wifeays meyer knew smith was busing her as far as back as15 and failed to do anything to stop it. tonight meyer apologized and said he wishede had been told more. >> i followed my heart and not my head. i fell short because at each juncture, i gave benefit

testing, improper tests were conducted by suzuki, yamaha and mazda. suzuki said they deviated outside the range and we are awaiting the new smart phone from samsung in new york. anna? >> thanks very much for the update. joining us now with the latest on the new u.s. sanctions on russia, this is taking a toll on the ruble. we talked about what the u.s. has determined this may 4 attack. what are these new sanctions and when will they take effect? >> quite a surprise as well given last month's friendly summit in helsinki between trump and putin. these sanctions come under the 1991 law regarding chemical, biological weapons. in the united kingdom, it was only used before by the way between -- against north korea and syria. quite a big deal for the united states to invoke this. set to take place at the end of the month on august 22nd. it will limit exports to russia. the u.s. team is sensitive to national security issues. it could be hundreds of millions of dollars in terms of exports. this is the first round of sanctions. now if russia does not comply and

a look at suzuki, rising for the first day after losing 6% on thursday. kathleen: thank you.s. admits the system was not appropriate regarding the emissions. >> the data was not checked by management. we realize the system is the responsibility of the company as a whole. kathleen:management. we realize the system is the responsibility of the company as a whole. reporter. we saw's is tumbled yesterday. what is the real impact on carmakers? question. a good it remains to be seen. the immediate effect is not so much, because there will not be any recalls. the problem is fairly minor. during the emissions testing, they are supposed to keep their cars within a certain band speed throughout the tests. the band, butide did not get back inside within enough time. biggest decline in suzuki yesterday. 2016, they had a similar scandal with fuel inefficiency testing. it --zuki chairman give gave out the ceo post to his son. half.uts the losses in the initial cost does not seem to be much. carmakersjapanese seem to be caught in this kind of scandal again and again. case?t really the is th

earnings on watch him suzuki jumping after a strong first quarter result.ees the at gold sales. bloomberg intelligence is cautious going forward as a strong yen against the indian rupee and the dollar will weigh on profits. sales did beat forecasts. the stock is trading at a 26% discount. sanyo steel, falling the most in more than seven years. set to nippon steel is following an agreement we saw back in march to consider this acquisition. ramy: thank you very much. let's get to news we broke early -- earlier on. heineken partnering with china resources beer. the dutch brewer is looking for more growth. that is the world's largest beer market, china. emma o'brien joins us from beijing. it is all about opportunities, trying to expand more people to what heineken is offering. this they are getting into chinese company which meeks -- which makes its own brand here in china, the world's biggest beer market. it may have already peaked here. the market is evolving, which will be a challenge for heineken. there is a push towards more premium brands. drinkers are be

suzuki and yamaha led -- after revelations about inadequate fuel economy and emissions test.cles emissions were not properly examined. japan's the petition for manufacturing quality has taken a beating after nissan and subaru admitted improper testing. >> the tests were carried out by inspectors. we realize the poverty of the system is the problem with the company as a whole. somee political team says sensitive topics would be out of bounds with any interview with special counsel robert mueller. rudy giuliani says that the he will askthinks him about comey no matter what the president might say. ism jenna dagenhart, this bloomberg. haidi: its get you a quick update on the markets. pretty flat picture as you can see. the kiwi dollar holding on to those losses. we could get more losses to come after falling 2% in the wake of that dovish tilt. looking to build on that decade high for that market. let's get more on what you will be watching as training gets underway. adam haigh is here with us. stocks stills. within striking distance. recordou say you are at highs. you're talking

yamaha and suzuki also conducted improper test.w york city council dealt a political blow to uber and other companies. a one-year industrywide cap on and given authorities ability to set minimum pay rates. the number of ride hailer's sword from 12,003 years ago to 80,000 today. uber managed to defeat a similar proposal in 2015. kathleen: investors pulled money from bill gross bond fund, reducing assets to the lowest since november 2014. the janice henderson global unders -- unconstrained fund suffered. has piled up year to date losses of 7% attributed in part to a misplaced that that treasuries and german bonds would converge. fori: that's just about it daybreak australia. kathleen and i will be sticking around for the next two days -- next two hours of a brick asia. -- daybreak asia. the main data point of the day is china inflation. for the slight pickup that is expected to consumer inflation, easy when it comes to producer prices. that will weigh on industrial profits and that servicing -- debt servicing. he says this point we a

. >> mike: japanese manufacturer suzuki, mazda, and yamaha are admitting they used falsified admissionsto inspect their new vehicles after the japanese government ordered the industry to review its procedures. japan's transport ministry said at the three companies admitted to conducting improper inspections after 23 japanese auto and motorbike manufacturers were ordered to examine their inspection procedures. now to a subject that affects every one of us. there is still no comprehensive legislation on the books but that could still change. tonight correspondent gillian turner takes a look at some of the first steps. >> do companies have a responsibility to ensure more transparency of how they collect, use, and a secure user data? >> online privacy, it's the number one cyber threat to americans according to cyber security experts. for years, lawmakers have been threatening to write legislation but have come up short. now in the wake of major privacy abuses, cost americans billions of dollars, the trump administration is stepping up to the plate. the white house tells fox news that they t

the outlook for korean steel players, suzuki is falling after releasing production numbers for july.o grouphlight bunk gaining ground. i also want to highlight data demonstrating foreigners have continued to shun japanese stocks. net sellers for a fifth straight week. you can see that chart in the gtv library. a quick look at jgb yields. a slight pickup in the 10 year yield above .1% for the first time in two weeks after a no trade reported on tuesday. this has markets are trying to its -- ss the boj's policy tweaks and we are waiting for bond buying plans for september do from the boj. . friday there might be nervousness ahead of that as there is speculation to what the reaction to the policy tweak may mean when it comes to efforts to push long and yields higher. yields.and that is a snapshot of your markets heading into lunch break. this is "bloomberg markets: asia ." ♪ arkets: asia ." ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appoi

it is honda, suzuki, yamaha.mw. >> harley is doing what the trump administration and many in the u.s. are happy budget toyota and bmw doing -- happy companies like toyota and bmw are doing. >> harley was happy to be political when they went to the white house and were showered by praise with the president, it is not good when it is on the other side another one to watch as jim said today, if you turn your back on him like that, you'll receive his wrath keep an eye on the shares. >>> it is half past the hour let's get to sue herera for a news update. good morning, sue. >> good morning, carl and everyone here's what's happening at this hour cnbc confirming the fbi has fired peter strzok he led the fbi investigation into russia's interference in the election >>> a new report says hackers could use fax machines to steal files through corporate networks researchers at checkpoint technologies say they gained access to a secure network by faxing malicious codes to an all in one printer that had a fax function >>> one pe

we're going to add suzuki to this first. >> they are bigger, let them cook down a little bit. >> them sunny was commenting about all the garlic i was putting in here. >> it's a lot. >> it's great, though. >> i'll put half of it in. >> put it all in scioto. >> we're going to let this saute down. we're going to add a little white wine to this. >> oh, yes. >> let that reduce down again. this is what that's going to look like. add the shrimp to this? >> deliciousness. >> oh, my gosh. >> parmesan cheese. >> you serve this as your main protein. >> this would accompany sunny's steak. >> robust meal. love it. >> mix it together and that's what it looks like. >> this, again, is sort of warm. >> room temperature. >> good for outdoor eating. yes. >> sunny, you've got -- >> i'm going to make it a steak. a t-bone staeak. >> how have you been? say hi to your wife. i'm going to show you how to make a t-bone stake with bourbon sauce. i like to cook with whiskey and bourbon. a t-bone in my pan, not so much frying but searing. i like t-bone because it's like a smart man's porter house. i don't want to