together they had a little girl, sydney. >> their view, sydney was their property. >> one day he went to pick up his little girl for a visit and was never seen alive again. >> he died right there. >> but who would kill a devoted dad? the unbelievable choice, his golden girl wife or the gracious family might arc? they seemed so loving, but was there another side. >> it's a monster that comes out of a closet. it's very ugly. >> how dark is that side? >> murderous. >> but which one was the killer? >>> hello and welcome to "dateline." he was a man suddenly confronted with something monstrous, evil at the door. this story is a mystery about a father of two young daughters. one night he left to pick up one of them and never came back. the question for investigators wasn't what happened. it was who did it. >> in the home of a god-fearing family in one of the smallest of american towns, the worst of crimes. >> please come and help us. >> okay. i'll get a hold of the ambulance. all right? >> yes. >> the crime became a mystery, a whodunit? >> it's a puzzle. almost a game of three card monte. >>

from brisbane to sydney.hey packed up the entirety of the office and flew them down. queensland to sydney. in one weekend. david: where was the runway? alan: the runway was at rose bay, which is at sydney harbour. the first international airport is on sydney's harbour. david: this is rose bay, where qantas had its first international airstrip. it is still used as a terminal. planes would take off from here on the long journey to singapore. the great hulking, flying boats would slowly gather speed, faster and faster until their 32 meter wings lifted them out of the water like huge, graceful waterbirds soaring into the blue yonder. during the decades after the war, qantas established itself as australia's premiere carrier. ♪ david: embedding itself into the national psyche. by the early 2000's, qantas's domestic rival collapsed, and a new entry came into the markets in the form of virgin blue. qantas decided to establish its own cutprice airlines, and a young irishman was chosen as ceo. staret star, -- at jet j

in sydney. bloombergry ahn from headquarters in new york. we are counting down to the market open. paul: here are the top stories we are covering in the next hour. signals of being open to rate cuts and watching the fallout from the trade war. the stocks jumped the most since january. carmakers and chip stocks rally on the hopes of avoiding tariffs. president trump says that he will go ahead next week. china turns up the heat even further. citizens warn against traveling to america in the trade war. shery ahn: but get a quick check on tuesday'ss session. rally in more than 2%. the s&p 500 pushed above the level. from chairman powell signal being open to rate cuts. we such it makers and carmakers rallying as there was more optimism coming out of the possibility of avoiding u.s. going up next week. we are seeing the nasdaq gaining 2.7%. u.s. futures also getting .3%. treasury yields any ground for the first time in a week. let's see how we are setting up for the session and asia. -- in asia. paul:

well, now i'm here right by the historic harbour bridge and the iconic sydney opera house. absolutely gorgeous, aren't they? and i've got my panel here and also our terrific audience. and if you wa nt to our terrific audience. and if you want tojoin our terrific audience. and if you want to join the conversation, don't forget you can, it is too. we have got a veteran senator for the ruling conservative liberal party, the daughter of italian immigrants. she has previously served as minister of international development and assistant therefore multiculturalism. mark latham is leader of the right—wing first nation —— one nation party in new south wales, including sydney. and he's the advocate of bring back australian values. we are joined by jenny lyon, the local mp for the greens party in new south wales and she's worked in the past for amnesty international. and sami schar moved from his native pakistan about seven yea rs from his native pakistan about seven years ago, an award—winning comedian and radio show host and also champion of free speech. that's our panel. audience,

i am paul allen in sydney. sydney's major markets are about of a portrait.od evening, i am shery on. sophie: welcome to daybreak asia. >> our top stories this tuesday, the trump administration is seeking allies to the fund iran. mike pompeo is in the middle east. any conflict would hurt supplies. the cost of insuring gulf oil shipments is sorry. singer puzzles -- >> senior officials are discussing an arrangement for a presidential get-together at the g20. we are watching very closely what could happen coming out of that summit. let's get to the market action with sophie. sophie: after u.s. talks slipped in a lackluster session, cash trade is kicking off in tokyo, seoul and sydney. kiwi shares are set to snap up to the events. banks inore central focus. this is edging slightly higher this morning. over all we look to be in a holding pattern ahead of the g20. assets thisk across morning, taking a look at gold, about -- its client above. keeping an eye on treasuries after the 10 year dropped closer to 2%. at it holding steady so far the start of the asian sessi

on a cold, wet tuesday morning in sydney. i'm paul allen in sydney.n: i'm kathleen hays in new york where at 6:30 p.m. you're watching "daybreak australia." let's get to first word news with jessica somers. jessica: new satellite images released showing two oil tankers apparently attacked in the gulf of amman last week. the pictured were released monday. they show the ships, the state department released more photos of the tankers, showing what they say is damage from an attack they say was carried out by iran. china's hold offings two-year treasuries foal a two-year low in april. the total fell by almost $7.5 billion to $1.1 trillion. that's 7% of total u.s. government debt, the lowest shares since june, 2005. china's ownership of treasuries peaked at 14% in july, 2011. the numbers were collected before trade talks collapsed in may. chinese president xi gin ping ill travel to -- -- xi jinping will travel to osaka. this marks the 70th anniversary of ties between the two states and it will be xi's first as chinese leader. a year after president trump f

paul: it's 8:30 wednesday morning here in sydney. are currently weaker, off .5% after a down day on u.s. equity markets. shery: you're watching "daybreak: australia." let's get the first word news. >> u.s. stocks fell the most in three weeks as fed chairman jerome powell warned about rising threats to the economy. speaking to the council on foreign relations, he said the lack of progress in the trade war and week eco-data causing concern about global growth. a consensus that the fed will cut interest rates in the coming trump something president has been demanding. >> our judgment is that on balance, the vulnerabilities of the financial system are at a moderate level. there will always be vulnerabilities. i would say, as i said at the beginning, i would not hesitate to deploy a countercyclical buffer if the test were under our framework. >> the trump administration playing down expectations of trade talks at the g20, saying it is not prepared to compromise. president trump and xi are expected to meet on saturday in osaka. finance min

now the hit movie of this week's sydney film festival is provoking debate in australia on racism the final quarter tells the true story of a champion sports when he was booed by crowds andrew thomas reports from sydney. listened to the blue. for more than 3 years at the end of his playing career australian rules football star adam goodes was booed every time he touched the ball he's doing. he's watching. a new film is explicit about why racism and so on the steroids. continue to stay in sydney swans player adam goodes was an aussie rules legend but other match in 2013 indigenous australian did something that upsets many fans a 13 year old girl in the crowd shouted something racist at him and he pointed her out here he. called me and. as of the 1st time out of 4 it was a monkey. it was it was shattering goods became a vocal anti-racism campaigner australia's government awarded him the title of australian of the year but the abuse and booing just got worse good his treatment from the sports pages to the front pages many accused him of being overly sensitive that others said that not re

welcome back the hit movie of this week's sydney film festival is forcing australians to confront the reality of racism the final quarter tells the true story of a champion sportsman who was booed because of the color of his skin and thomas reports from sydney. listen to the. more than 3 years at the end of his playing career australian rules football star adam goodes was booed every time he touched the ball he's doing. he's watching. a new film it's explicit about why racism inside the stella. continue to stay in sydney swans player adam goodes was an aussie rules legend but at the match in 2013 indigenous australian did something that upsets many fans a 13 year old girl in the crowd shouted something racist at him and he pointed her out here people for any old girl. as a 1st time out of 40 feel a bit referred to as a monk you and i. it was it was shattering good's became a vocal anti-racism campaigner australia's government awarded him the title of australian of the year but the abuse and booing just got worse goodes his treatment from the sports pages to the front pages many accuse

great to have you here in sydney. you, but lots more when it comes to morgan stanley plus summit. ,e have guests including a ceo well around the intersection between trade and tech that we are stuck at. thanks for that. haidi stroud-watts joining us from sydney. plenty more to come on "daybreak asia." this is bloomberg. ♪ paul: the reserve bank of australia looks set to end an unprecedented pause in interest-rate cuts as it ratchets up efforts to revive inflation. the governor aiming to push unemployment below 5% to drive faster wage growth. australia's economics editor is here. markets and economists see this as a done deal. what is the governor's statement expected to say? asyour guess is as good mine. we are in uncharted territory. moved since hasn't he has been in office, september 2016 was the last, the last couple was october -- was august 2016. we don't know how he will handle the statement because we have never seen him cut before. my guess it could be fairly vanilla. traditionally, the rba hasn't provided a l

sydney sydney. and then. afflicted by the tall order close if. and then driving this morning to about 4 hours from the seas from new york to new york came straight to madrid for the 1st time here for the support sport the lads. love it so many fans descending on madrid for the champions league final a massive security operation is underway with up to $5000.00 police officers ensuring the safety of fans out here one of the songs like here in seoul and you know they're spread across the city now only $35000.00 tickets have actually been allocated to both teams which means that many funds have come here to madrid without a ticket and they're willing to pay what a lot of money to get into the stadium to watch the fight. in limited just to get in limits is the sky's the limit so to pay for a ticket kidney. i'd pay about $4500.00 off a ticket for $1200.00 and i asked me motor 3 mortgage the house what would you pay for a ticket on a couple of years of a go up well whether funds have a ticket or not to go

i am paul allen in sydney. shery: i am shery on in new york.re watching "bloomberg daybreak: australia." paul: g20 finance ministers and central bankers are in japan this weekend. troublesome issues come to a boil. global economics and policy editor kathleen hays is in talks. kathleen, what can policymakers do in today's to make a dent in all these problems? >> they are going to see. the official talks kick off tomorrow afternoon, saturday. all kinds of special meetings will be happening before that. all day sunday, they are meeting. clearly the big question, and we won't just be watching headlines, we will be watching headlines from around the world. that is the number one item. it has to be a way forward, but how central banks and finance ministers are going to deal with the economic fallout. steve mnuchinary and the head of the central bank , that is ready meetings are being held. fore this paves the way president xi and president trump in osaka to sit down and make some progress. all of the other g 19 are just hoping they will not be caught

in sydney. currencies weaker by about .5%. i'm paul allen in sydney.re watching "daybreak: australia." let's get the first word news. >> the trump administration has put sanctions on the supreme leader of iran, further raising the pressure on the islamic republic. the president said the penalties are designed to deny ayatollah khomeini access to financial resources. washington is prompting action against a foreign minister. the u.s. indicated similar financial sanctions against him would come later this week. secretary of state mike pompeo is in the middle east to rally a coalition of support against iran. the u.s. wants support for better safeguards for commercial shipping passing through the strait of hormuz. washington accuses tehran of attacking oil tankers, a charge rn denies. the huawei ceo, the legal team says that case has become politicized and that she would not have been charged in .anada for her alleged crime of fraud and lying about dealings with iran. she is under house arrest in vancouver. the extradition case is scheduled to begin in ja

i'm paul allen in sydney.k at the top global tech stories of the day. >> dish network is in talks to pay at least $6 million for assets that t-mobile and sprint are unloading. spectrum andclude boost mobile brand. aimed at gaining regulatory approval for the sprint t-mobile merger. google has pledged a billion dollars to try to fix the affordable housing crisis in california's a area. reversing its own land for residential use allowing the development of 18,000 homes. the rise of google and other tech companies has contributed to massive housing cost increases in the area. facebook is working with its potential future rivals on a new cryptocurrency. all of them set to collaborate with the social network on this venture. it's called libra. it is known as a stable point meaning it is designed to avoid any massive fluctuations in value so it can be used for everyday transactions. >> the reserve is an important component of the stability of this new digital currency. we welcome open conversations with regulators t

paul: i'm paul allen in sydney. you are watching daybreak australia. global march to lower interest rates seems to beginning momentum. jim bullard says the u.s. may need a rate cut soon. the reserve bank of australia getting ready to end an unprecedented pause in cuts. kathleen hays is here with the central bank watchlist. which areas of the economy is jim bullard worried about? kathleen: he has been worried for some time about inflation being below target, but what he adds to the list today is something all fed officials have mentioned of not having a big impact on the economy yet. as the trade war escalates on the u.s. and chinese side, president trump threatens tariffs on mexico, it is taking a bigger part in what the fed is looking at. jim bullard today in a speech, plant remarks, singles the door is open to rate cuts, at least for him. we coulde eased now, help reset our inflation equitation 72% target. a good thing for fed credibility and the credibility of our 2% target. it could provide insurance in case the downturn in global growth was more s

wednesday morning in sydney. the market open 90 minutes away.er of 1% for futures after a tentative session on wall street. we ended up where we started. i'm paul allen. shery: i'm shery ahn new york. you are watching daybreak australia. let's get the first word news with jessica summers. hesica: president trump says is personally delaying a trade deal with china. he says he has no interest in an agreement until beijing except the terms that washington says it abandon last month. he also claimed a secret deal of mexico will come into effect when he wanted to. he brandished a paper claiming it is part of a more lengthy agreement but failed to offer any other details. mexico denies any secret accord. fighting forive the u.k. prime minister are being warned there is no chance of renegotiating brexit. jean-claude juncker says they must abandon any idea of new talks, adding the deal struck with the u.k. must be respected by all. boris johnson has launched his campaign, valley he will make brexit happen on october 31 with or without a deal. and opec a

offices in sydney straining media reporting on a range of one of their our police into the headquarters of the strangely broadcasting corporation with a warrant after a broadcast classified material in 2017 the raid focused on investigative journalist daniel oakes and same year clarke they reported a series of stories called the f.b.i. and files based on hundreds of pages of secret ministry of defense documents leaked to the a.b.c. . they alleged unlawful killings and misconduct by a stray in special forces in afghanistan including the alleged killing of an unarmed man and his 6 year old child in a raid on their home as well as the killing of a detained taliban fighter at least 2 incidents are the focus of an ongoing defense force inquiry. the police raid targeted emails between the journalists and the sources and written notes draft scripts passwords photos and videos related to the afghan files in or more than $1000.00 items the warrant was served under the century old crimes act that the bids publication of classified material it's a very unwelcome and serious development i think for

continue to stay in sydney swans player adam goodes was an aussie rules legend but other much in 2013 the indigenous australian did something that upsets many fans a 13 year old girl in the crowd shouted something racist at him and he pointed her out here he. called me and i. as the 1st family before it was a monkey and i. it was it was shattering goods became a vocal anti racism campaign or australia's government awarded him the title of australian of the year but the abuse and booing just got worse goods his treatment from the sports pages to the front page. many accused him of being overly sensitive but others said that not recognizing the bully was in reaction to good as anti racism activism was itself racist in a country with a history of white supremacy were aboriginal people were only recognized as citizens in the late 1960 s. the final quarter makes uncomfortable viewing i think astride has always had a difficulty talking about rights and when this happened it really highlighted how challenging this was we came up with every excuse we possibly could as to why adam goodes was b

so sydney was perfect for that. >> dreams that storms will bring in piece. >> sydney?of them. >> mr. mouse says you better love me. he would do hundreds of them and always sort of leave them. what does that say? >> i'm so in love with you. ♪ >> i've always had a fear of abandonment, it's sort of, i will abandon you before you will abandon me. that has been very much something that's there, you know, which i've had to sort of fight against. we were married for seven years, and i felt very guilty because he wanted children and i kept putting it off because i wanted to act. then he started saying, you don't love me enough which possibly was true. i started feeling very badly about myself and guilty and being angry at him for making me feel that way, things like that. you know. [ laughter ] >> what is it? >> i can't stand another minute of this hypocrisy. >> if you leave now, we're through. >> then we're through, i've had it. >> fine. >> i never want to see you again. >> suits me fine. >> is that all you can say after all our years together? >> no, there's one more thing.

the hit movie of this week's sydney film festival is provoking debate in australia on race is the final quarter tells the story of a true champion sportsman who was booed by crowds angry thomas reports from sydney . listened to the blue. for more than 3 years at the end of his playing career australian rules football star adam goodes was booed every time he touched the ball he's doing. he's watching it. with a new film it's explicit about why racism inside the stella. continue to stay in sydney swans player adam goodes was an aussie rules legend but i match in 2013 indigenous australian did something that upsets many fans a 13 year old girl in the crowd shouted something racist at him and he pointed her out here he. called me and i. saw the 1st time a 40 feel a bit referred to as a monk you know and i. it was it was shattering good's became a vocal anti-racism campaigner australia's government awarded him the title of australian of the year but the abuse and booing just got worse goods his treatment from the sports pages to the front pages many accused him of being overly sensitive but

this is bloomberg. ♪ paul: i am paul allen in sydney. shery: i am shery ahn. summit is a big event this week where everyone will be watching the meeting between president trump and his chinese counterpart xi jinping. they will discuss the trade war but should we expect any kind of progress? we discussed this with the hoover institution. great to have you with us. let me get started with this tweet from the global times editor in chief who china says is accurate and forecasting what beijing will do. this is what he tweeted over the weekend. he says the chinese side is concerned about the fairness of a trade deal because the most important part is the u.s. side must remove newly imposed tariffs since the trade war until now. china won't accept the deal if the u.s. keeps part of the tariffs. given what he says and what china has been saying all along, can we expect any time to progress this week without tariffs being lifted? i don't know if we can expect progress on them being lifted but i don't think we can expect them to be lifted. the chinese will set out a po

i am paul allen in sydney. shery: i'm shery ahn in new york. sophie: i'm sophie kamaruddin in hong kong. we are counting down asia's major markets open. paul: here are the top stories we are covering. wall street welcomes president trump shelving tariffs on mexico. 500makers lose in the s&p for the fifth straight session. president is threatening higher tariffs on china. the inside line. someone with intimate knowledge of beijing's trade war strategy. shery: we will hear from some big guests route this hour, including the boj governor and japan's ceo. david atkin, head of the construction and building union fund. let's get you started with a quick check of how the markets closed in the u.s. the s&p 500 gained for a fifth consecutive session and finished just below the mid-may high of 2892. still the longest winning streak since april, the biggest jump since january. we have had al automakers and chipmakers the biggest gainers as president trump indefinitely suspended the tariffs on mexico. the mexican peso jumped the most in more than a year. t

sydney futures up .4%.ons of three gains for the asx 200 after the rba cut rates and signaled the potential for another rate cut. kiwi stocks unchanged at the moment. investors may be increasingly concerned about a prolonged trade spat between the u.s. and china, but in an exclusive interview, goldman sachs international ahead, richard, told bloomberg a deal is not dead yet. trade is the biggest story right now. if you look at the speed in which sentiment shifted, if you were sitting here for to six weeks ago, the expectation would be a trade deal between the u.s. and china was going to happen. sentiment has shifted. i would not say that is dead yet. the two presidents will be meeting at the g20 meetings. let's see what happens. as quickly as sentiment kinship one way, it can shift the other. canimpact on markets -- shift one way, it can shift the other. the fed is still on a rating. we are in a very different position. the geopolitics, obviously, import markets in a significant way, -- impact markets in a

we are seeing sydney futures up .3%.e have the rba policy decision decision -- policy decision with most expecting a cut to 1%. ands get back to the g20 trade negotiations, president trump saying the u.s. is winning the trade war after a temporary truce with chinese leaders xi jinping on a visit to south trumps inowing -- america is doing well despite the lack of help from the fed. >> we are not playing on a fairfield, the truck -- the fair field. the fed has not helped. the economy is second to none. shery: let's go across to yvonne man who joins us. you are following the only g20 but the unprecedented meeting at the dmz. what are the key takeaways? yvonne: let's start with president trump and president xi in osaka. when it camehe won to getting some type of agreement. still a lot of uncertainty where things go from here. trump --got more from they were not going to add additional tariffs on china. the current ones are still in place. when it comes to huawei, some say president trump offered more deliverables. allowing

we have sydney futures pointing lower a little of .3%.lease of the performance manufacturing index which was weaker at 52.7 and we will have house prices for the month of may later on. the market of new zealand closed .oday for the queen's birthday it is actually april 21. it is weird. shery: we are confused earlier. were confused earlier. let's continue with the trade front because the president's threat of tariffs on mexico is not sitting well with global automakers. mexico is both largest source of auto parts, and the largest automakers lost $17 billion in onket trading in the u.s. friday. let's bring in this person from the global association of automakers which includes honda, nissan and others. we know these automakers have plans in mexico, nissan has three plants. do we know who would get hurt the most? >> it is a good question. it is nice to be with you. most of the exports from mexico to the united states are from companies like general motors nissan isd ford, but of vehiclesrgest from mexico to the united states so it affects al

in 2006 and even the sydney side as i say you know nobody left the house that it was about so that's something to look forward to this is dangerous there isn't it is dangerous for many people yes of course if your if you have problems with your with your or. if you are already sick or if you are small children older people are really in. danger so it's a really problem if you forget to drink something or if you eat to heavy duty to light meals of course and i wonder what are they in danger of well actually the we have seen in the last years that the mortality rate of mortality rises so the number from truth i'm of the numbers from 2003 or 10000 of people die through a heat wave in europe are not because people die in the street but the mortality rate rises and you can count that later then. and make make that connect that to the heat wave so that is really a problem that more people die when it's hotter so and are we talking about a one off extreme weather event or does this fit into a pattern are we looking at climate change i think of the june of this year is a good example of how

paul: i'm paul allen in sydney. billing ceo said it made a mistake. show,ng at the paris air saying communication was unacceptably inconsistent. he promised more transparency and is confident that it will be cleared to fly later again this year. place amirates may large order with boeing. the paper cites an interview with emirates president who says that talks are approaching a conclusion, though the outcome may not be announced until the dubai air show this year. paul: review production plans across europe to cut costs. the study will include factors in france, germany, spain and u.k.. it may result in restructuring, small disposals or shifting of other work to smaller locations. police are urging protesters to leave after a massive show of people power against carrie lam. we had looking at live pictures at the moment. some crowds applauding the police for not bringing weapons. we will be speaking to the chairman of the democratic party. ♪ su: this is "daybreak: asia." we start with the trump administration playing

australian police in sydney have raided the headquarters of the public broadcasting a.b.c. over allegations that hit publish classified material if you see executives of the search time get it through journalists involved in the 2017 investigative report on the alleged killing off of dance of billions by australian troops is the 2nd high profile probe into a news outlet in 24 was the home of news corp editor with us today earlier in what police said was an underlay to probe the raids have prompted complaints of an assault on press freedom in australia. joining me now is presenting. at the a.b.c. headquarters in sydney welcome corrina 1st of all can you tell us more about why the a.b.c. offices were raided what exactly what the police looking for. i'm raise it's been an extraordinary day at the a.b.c. had courses here it me where just before lunch time life time the arrived executing a search warrant in relation to. the $27.00 screen a series of stories that became known as the afghan files they search warrants it was in relation to those stories which detail and unlawful ki

i am paul allen in sydney. we are under one hour away from the australian market open. shery: good evening. i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this friday, two tankers, under apparent attack in oman. washington points the finger at iran. broadcom is a loser in the trade war. last year's revenue went through china. alibaba moves a step closer to a share sale in hong kong. the impending offer could raise as much as $20 billion. shery: let's get you started with a quick check on how markets closed. the s&p 500 finishing at the highest level in five weeks. the nasdaq, the highest level in a month. reversingtors yesterday's office to gain ground in yesterday's session. most were in the green. they were led higher by energy stocks. take a look at wti. wti prices gained as much as 4.5% at one point. apparent attacks onto tankers -- on two tankers building up the tension in the persian gulf and leading investors to get worried about supply arou

development it is really serious and we take it very very seriously let's bring in mark a storm in sydney he's the president of the media entertainment and arts alliance a journalist and media union based and australia thank you so much for your time marcus he appreciate it was there any indication that this type of thing could potentially happen to the media and australia this type of. we knew these laws existed that allowed the government and the federal police to potentially criminalize journalism but this is the 1st time it's happened in this way for. a long time and it's very disturbing it's come right. so you know i mean let me ask you that yes because this report is is a couple of years old what do you make of the timing of this. so the timing 2 days in a row 2 rights the nominally separate issues that come one after the other a clear attempts to intimidate journalists and whistle blows from reporting on and providing information about national security issues we think it's happened right the federal election the timing of it the would be remarkable that was just a coincidence and

i am paul allen in sydney.r an hour away from the australian market open. >> m good evening. i am kathleen hays. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this friday, asian stocks look set for a muted start despite wall street hitting a new high. gold surges while the dollar falls the most since january. oil rose the most this year.

i am paul allen in sydney.: i am shery ahn. the week ahead on wall street promises to be action-packed. it will be the u.s. markets' first chance to react to the apparent mexico tariffs truths become a fresh of earnings and oil still in the spotlight. su keenan has more. u.s. futures are rallying up .6%. su: there is a bit of optimism into the monday session. the dollar is taking a hit and there is positive comments about u.s.-china trade. let's go to the snapshot. the dollar ended its worst week of losses since february 2018. the question going into week one is will it be a positive monday for change? that is interesting to see for the town. futures are up, oil at 54, that will be closely watched because it has taken such a hit as well. let's go directly to one of the spotlight for monday, merger monday coming early. that is a big deal in the tech sector. looking at the friday close, both of these stocks are up 20% year to date which is a strong performance. the companies announced in a statement of they will

sometimes cloudy weather less so i think on saturday 20 all the same time tools got colder as has sydney despite the fact is rather rather more sunny in sydney was the case on friday the rain is gone offshore certainly in the tasman sea and this existing circulation is drawing it out from the north not tends to be relatively mild even in midwinter go 14 or 15 in the 2 cities we shown you here there's rather more cloud around the west coast nehemiah like in some right in the far side of the south on the thing but not much around and not much on saturday either it is rather more of a story in directly northwards a long way into who's admitted it at midsummer and i'm sees an increase in the amount of clouds particularly on friday by saturday that brings rain with it including in tokyo. mexico's most popular soap opera is changing for 5 tackling women socially she is head on in its last episode soapbox discovers the drama behind the scenes as it produces dave the hotshots facing the mothers of disabled children and confronted social stigmas by brute captive into the well. 5th child. welcome

global questions travels to sydney to ask if the multiculturalism dream has failed.lowball questions with me, zeinab badawi. this is a city at the heart of the so—called lucky country, a melting pot of diverse countries. we've come here to get a sense of what people think about living with those who have a different race, language and customs. multiculturalism has become the defining feature of our modern, mobile, globalised world. is this progress or a source of tensions? well, now i'm here right by the historic harbour bridge and the iconic sydney opera house. absolutely gorgeous, aren't they? and i've got my panel here and also our terrific audience. and if you wa nt to our terrific audience. and if you want tojoin our terrific audience. and if you want to join the conversation, don't forget you can, it is too. we have got a veteran senator for the ruling conservative liberal party, the daughter of italian immigrants. she has

i'm paul allen in sydney. shery: and i am shery and in new york. lowest level this year on monday after chinese markets returned from a break and pboc governor -- the pboc governor signaled no change in the rate. let's talk about it with senior asian fx strategist at mizuho bank, ken cheung. is there an eventual breach of the seven handle? >> i think he is trying to encourage more movement. stabilizing the balance of the economy, so i think if he expects the trade war will be more prolonged, more fory will hear the economy and the monetary policy. if they insist they want to keep a one year or two your horizon, it will be quite difficult for them -- two-year horizon, it will be quite difficult for them. [indiscernible] taylor such level. >> what about the speculation that china might use the yuan's depreciation of the tool in their trade? is that a possibility you are considering? >> i think at this stage, they would try to intend to let it depreciate quite a lot. some powerful measure. i think we need to bear in mind the yuan is still an emerging

i am paul allen in sydney. we are over an hour away from the market up in japan and korea. >> good morning from new york, i am shery ahn. >> i am sophie kamaruddin in hong kong. looking to "daybreak: asia." >> our top stories this monday, g20 ministers water down their statement on the trade war admitting cause for pressing need to resolve the escalating tensions. president trump tales of migrants deal with mexico, but there is some confusion over what may have been agreed. the nissan-renault alliance comes under pressure. france wants to reduce its stake, while japan's as it is all or nothing. >> let's get you started with a quick check of the markets. u.s. features gaining half a percent after the u.s. and mexico agreed on a trade deal. president trump indefinitely suspended his plans to raise tariffs on mexican goods. that came after the close on friday. we still some markets are rally more than 1%. the nasdaq saw its best four-day gain since january. we had weekly jobs numbers coming out. those spurred spec

continue to stay in sydney swans player adam goodes was an aussie rules legend but at the match in 2013 the indigenous australian did something that upsets many fans a 13 year old girl in the crowd shouted something racist at him and he pointed her out here he preferred any. comment. as of the 1st time i referred to as a monk you and i. it was it was shattering goods became a vocal anti-racism campaigner australia's government awarded him the title of australian of the year but the abuse and booing just got worse good his treatment from the sports pages to the front pages many accused him of being overly sensitive that others said that not recognising the bullying was in reaction to kids is anti racism activism was itself racist in a country with a history of white supremacy where aboriginal people were only recognised as citizens in the late 1960 s. the final quarter makes uncomfortable viewing i think a strike has always had a difficulty talking about rice and when this happened it really highlighted how challenging this was we came up with every excuse we possibly could as to why ada

offices in sydney australia media reporting on a range of one of their our police into the headquarters of the strangely broadcasting corporation with a warrant after a broadcast classified material in 27 tane the raid focused on investigative journalist daniel oakes and same you clarke they reported a series of stories called the f.b.i. and files based on hundreds of pages of secret ministry of defense documents leaked to the a.b.c. . they alleged unlawful killings and misconduct by a stray in special forces in afghanistan including the alleged killing of an unarmed man and his 6 year old child in a raid on their home as well as the killing of a detained taliban fighter at least 2 incidents are the focus of an ongoing defense force inquiry. the police raid targeted emails between the journalists and their sources and written notes draft scripts passwords photos and videos related to the afghan files in or more than $9000.00 items the warrant was served under the century old crimes act that the bids publication of classified material it's very unwelcome and serious development i think f

paul: good morning, i'm paul allen in sydney.r an hour away from the australian market open. shery: good morning from bloomberg's global headquarters in new york. sophie: i'm sophie kamaruddin. welcome to "bloomberg markets: asia." paul: our top stories this thursday -- more tariffs, less business. president trump talks of a plan b for china. the president's current target seems to have sidestepped his blacklist. a loophole is letting

let your eyes follow up through sydney to brisbane and townsville.are below average by five or six degrees in places. 20 all the same. sydney has gotten colder. even though it is rather more sunny. the rain has gone offshore. this existing circulation is drawing air down to the north. it tends to be relatively mild. there is more clouds around the west coasts. not much on saturday. we will see the increase in the amount of cloud, especially on friday. that will bring rain to tokyo. ♪ anchor: welcome back. a quick look at headlines. president trump says iran's shooting down of a military drone was a very big mistake. videontagon released this and said the drone was international airspace. dilated itse drone airspace. the revolutionary guard has sent out its own video of the missile sent to take out the drone. judges in britain have ruled that the government wrote the law by allowing weapons sales to saudi arabia. there are concerns that the weapons are contributing to the deaths of yemeni civilians. in georgia have fired tear gas and rubber bullets at

in sydney it's linked to the national broadcaster its investigation of alleged war crimes by australian special forces in afghanistan a day or earlier police searched the home of a news corp journalist i think every mean your organization in the lead and sometimes has a difficult moments with government agencies and already but to to have a warrant executed on the headquarters of the national public broadcaster in this way i can't state enough is an unwelcome development it is really serious and we take it very very seriously. as a campaigner from amnesty international australia he says wednesday's raid fits into a pattern of government attacks on the media. this is extremely alarming that the death of a young boy was a legend his record have been covered up by the strength of fans special the s.a.'s an amnesty obviously extremely concerned about calling out defense for to be transparent about pays attention to all crimes of the many many years that these if it now just on the freedom of the press in the reporting of a's incident is extremely alarming a free press is crucial to a health

paul allen in sydney. shery: good evening. i am shery ahn. sophie: i am sophie kamaruddin in hong kong. welcome to "daybreak asia." paul: our top stories this wednesday, president trump claims total control of tariffs. he says he is personally china and deal with has struck a secret court with mexico. elon musk says it could be a record quarter. and that it is financially insane to buy anything but an electric car. hong kong is bracing for more mass protest as the extradition bill goes before them. breaking news out of south korea. we have the unemployment rate coming in at 4% for the month of may. slightly lower than was anticipated. 4.1%. it is also lower than in the previous month, when we saw 4.1% , the jobless rate. we have seen, when it comes in south korea, really strong growth when it comes public sector, jobs. the government trying to support the economy and working towards job creation. in the private sector, we are seeing some of that weakness. we are expecting budget coming from south korea to

offices in sydney australia media reporting on a range of one of the iraq police into the headquarters of the strangely broadcasting corporation with a warrant after broadcast classified material in $27.00 tane the raid focused on investigative journalist daniel oakes and same year clarke they reported a series of stories called the f.b.i. and files based on hundreds of pages of secret ministry of defense documents leaked to the a.b.c. . they alleged unlawful killings and misconduct by a stray in special forces in afghanistan including the alleged killing of an unarmed man and his 6 year old child in a raid on their home as well as the killing of a detained taliban fighter at least 2 incidents are the focus of an ongoing defense force inquiry. the police raid targeted emails between the journalists and their sources and written notes draft scripts passwords photos and videos related to the afghan files in all more than $9000.00 items the warrant was served under the century old crimes act that forbids publication of classified material it's a very unwelcome and serious development i th

i'm all allen in sydney.ina is touting deepening ties with russia as xi jinping makes a three-day visit. tensions with the u.s. continue to escalate. our senior international editor jodi schneider. we are seeing vladimir putin giving a boost to the troubled huawei company in china. i: both china and russia have reason to deepen their ties because they have escalating tensions with the u.s.. we heard about how the u.s. and china trade war is not going away. there are tensions over huawei,gy, like with and china has warned its citizens about travel to the u.s., and there are concerns having troubles getting visas renewed. on huawei. they have signed 30 documents, some on trade, some other agreements, but one increases russia's ties on huawei's 5g technology. paul: one of the themes that broadly encompassed this is the potential emergence of a new cold war, if you like. does this development add weight to that theory? jodi: one would think. part of this is china and the u.s. not having the same kind of trade rel

in sydney -- 8:00 a.m. in sydney. bloomberg. ♪ kathleen: now for a quick check of the latest business flash headlines. swissinese love of luxury watches is leading gains in two companies. better than expected demand for high-end products drove the gains. a drop in interest for cheaper models. -- is one of the years top performers on the swiss benchmark this year. paul: hong kong clp holdings will take a write-down of up to $900 million on its australian pushes toanberra lower power costs for consumers. the write-down comes in the form of a goodwill impairment. clp says it expects its first half loss as a result while lower retail tariffs may cut earnings by $40 million. kathleen: delta airlines is extending its push overseas by taking an indirect stake in partners outside the u.s. market. it is fine for percent of korea's largest shareholder and expects to raise that to 10%. the deal comes one year after the two carriers began a venture that allows them to coordinate flights to 80 destinations in asia in 290 in the u.

in sydney.view the market opens in japan and australia. >> it is looking risk on in asia this wednesday, with nikkei futures hitting a gain of over one porsche sent -- 1%. the asx 500e continue to extend gains. 10 year yields could slip further towards -.15% when cash trading begins with aussie and kiwi yields already paving the way this morning at record lows, tracking overnight moves in treasuries. nissan -- the nhk reporting there were no hats indicated and will accept mesons proposals for the upcoming agm. enault said it would abstain from voting, but they made a compromise. as -- havemes quietly cut their business joint operations in areas such as that is a snap at what we are watching. this is bloomberg. ♪ the latest innovation from xfinity isn't just a store. it's a save more with a new kind of wireless network store. it's a look what your wifi can do now store. a get your questions answered by awesome experts store. it's a now there's one store that connects your life like never before s