and it's going to continue interestingly at the moment the vatican still recognizes taipei but there is a deepening reproach mom between the vatican and the holy see so there's also uncertainty about how much longer that relationship is going to last meanwhile the trump administration is taking a more robust interest in taiwan affairs adrian in what way is that playing out. well u.s. legislators recently passed a law that would allow u.s. military contractors to sell technology to help taiwan's fledgling submarine program also there have been a number of congressional delegations that have visited taiwan and now we're getting reports unconfirmed reports that the new national security adviser john bolton might go to taiwan in june to attend the opening of the u.s. is defacto embassy in taipei now if that happens that i think would be that would constitute possibly one of china's red lines and i think you could see china to start to apply pressure in other ways because just a few weeks ago they held a large naval regatta in waters close to taiwan forty warships took part in that includ

let's cross over now to our correspondent in taipei, cindy sui.losing the dominican republic as an ally? well, definitely it has been a major psychological blow because as you mentioned, i want only now has 19 allies in the world and what is especially worrying for taiwan is that this could create a domino effect, that i losing panama last year and also now dominican republic, that other countries will follow suit and that china very clearly is trying to lure away taiwan's allies. now, on a practical level, that means there will be fewer countries in the world to lobby for taiwan at the un, where it is not allowed to be because it is not considered a country, and there will be fewer chances of people speaking up for taiwan to let it participate in un organisations such as the world health assembly or other groups, and at the same time it feels increasingly politically internationally isolated and it will have to find other means to make friendships, even if it is not on the formal diplomatic level. all right, it is done to 19 allies and there is t

in beijing well the domine can republic may be a small country but its decision to sever ties with taipei and recognize beijing still amounts nevertheless to a major diplomatic loss for taiwan it's just ten months since another small country panama also sever ties with taipei just nineteen countries now have diplomatic relations with taiwan and it seems that china's strategy is simply wants to isolate taiwan as much as possible and also to exclude it to prevent its participation in a number of international organizations well in the past taipei has accused beijing of playing a diplomatic money game and says it's a game it's no longer prepared to pay now beijing of course regards taiwan as part of its territory and is deeply suspicious and occasionally very antagonistic towards taiwan's independence leaning president zaya in when and they have warned in the past that have any time when he's leader were to declare independence then china would seize back the island republic by force its elevation from the u.n. security council is in myanmar to assess the range of crisis fifteen delegates me

exclude it to prevent its participation in a number of international organizations well in the past taipei has accused beijing of playing a diplomatic money game and says it's a game it's no longer prepared to pay now beijing of course regards taiwan as part of its territory and is deeply suspicious and occasionally very antagonistic towards taiwan's independence leaning president zine when and they have warned in the past that if any time when he's leader were to declare independence then china would seize back the island republic by force still ahead here on al-jazeera. a scramble to at least one person after one person is dead after a massive fire cause of the building to collapse resilin the rescue workers try to find survivors. and we'll tell you why pigeon racing is the next big thing in sri lanka. hello there we've got lots of wet weather across parts of china at the moment if we look at the charts over the next few days we can see plenty of rain over chengdu and then all the way towards the east might see your shower there for us in shanghai as well there's also showers pushing for

exclude it to prevent its participation in a number of international organizations well in the past taipei has accused beijing of playing a diplomatic money game and says it's a game it's no longer prepared to pay now beijing of course regards taiwan as part of its territory and is deeply suspicious and occasionally very antagonistic towards taiwan's independence leaning president zine in when and they have warned in the past that if any time when he's leader were to declare independence than china would seize back the island republic by force one of the catholic church's top officials will face a criminal trial in australia to defend himself against decades of sexual abuse allegations a court in melbourne has decided there is enough evidence against cardinal george pell to be tested in front of a jury under thomas reports. cardinal pell arrived at a melbourne court hoping this would be his final appearance. it would be george pell was until recently the catholic church's treasurer arguably the third most important person of the vatican inside here a magistrate told him he will face a crim

exclude it to prevent its participation in a number of international organizations well in the past taipei has accused beijing of playing a diplomatic money game and says it's a game it's no longer prepared to pay now beijing of course regards taiwan as part of its territory and is deeply suspicious and occasionally very antagonistic towards taiwan's independence leaning president zine in when and they have warned in the past that if any time when he's leader were to declare independence than china would seize back the island republic by force people in afghanistan are remembering those who died on monday in a twin bombing in kabul eisel says it carried out the attack jennifer glass has more. the morning continues here in afghanistan there will be prayers in mosques across the city for those twenty five people who died in twin eisel bombings on monday morning that injured of that also injured more than forty nine people this is the second i saw a bombing here in kabul in just over a week last sunday an attack on a voter registration center killed almost sixty people and wounded more than o

correspondent cindy sui recently travelled to visit one 0ur taipei correspondent cindy sui recentlyy the older generation to pass on all they know. this tribe has gathered for a festival, honouring their gods and ancestral spirits. the song they are singing is one of only 20 in their language that survives. singing along is amala namashe, also known by his mandarin name. he is one of only five people, all in their 70s, who can speak the language fluently, and he is the only one who is fluent enough to teach it. translation: i feel like i am racing against time. if we don't work hard to pass on the language to our young people, it will die out. without our language, this tribe will disappear. this year, taiwan's government will pay elders in indigenous villages like this one to teach the language of the tribes to young people. it will also pay some young people to learn the languages full—time. it is part of a multimillion—dollar programme to save taiwan's critically endangered indigenous languages. but the tribe has fewer than 400 people, and many of them study or work in the cities

exclude it to prevent its participation in a number of international organizations well in the past taipei has accused beijing of playing a diplomatic money game and says it's a game it's no longer prepared to pay now beijing of course regards taiwan as part of its territory and is deeply suspicious and occasionally very antagonistic towards taiwan's independence leaning president zine in when and they have warned in the past that if any time when he's leader were to declare independence then china would seize back the island republic by force a roman catholic cardinal is to stand trial in australia for sexual abuse decades ago cardinal george pell pleaded guilty after dozens of witnesses gave evidence that a month long committal hearing the former archbishop of melbourne in the one nine hundred ninety s. rose to become the vatican treasurer and an aide to pope francis is under thomas. cardinal pell arrived at a melbourne court hoping this would be his final appearance. when george pell was until recently the catholic church's treasurer arguably the third most important person of the vatic

exclude it to prevent its participation in a number of international organizations well in the past taipei has accused beijing of playing a diplomatic money game and says it's a game it's no longer prepared to pay now beijing of course regards taiwan as part of its territory and is deeply suspicious and occasionally very antagonistic towards taiwan's independence leaning president zaya in when and they have warned in the past that if any time unease leader were to declare independence then china would seize back the island republic by force the u.s. president says he likes the idea of meeting the north korean leader at the place of last week's historic summit with the south koreans in the latest move towards reconciliation south korea has now begun dismantling huge load speakers that used to play anti north broadcasts on the border in over reports from seoul. during times of heightened tensions here on the korean peninsula north and south korea have used the loudspeakers to broadcast propaganda messages across the border south korea's messages have included news weather and k. pop music it

apple came through with those numbers in taipei, up by about 6%. is falling.he ceo of xerox is resigning. will that $6.1 billion deal with ahead?a lot of positivity coming through in these casino players. revenue up in the mass killing market. better than even the most bullish analyst forecast. >> juliette, thank you. reserve is notl expected to hike rates today, despite a strong economy and inflation hitting targets. there will be no press conference. mckee has the story. --hel: michael: the fed is deciding whether to hand about future modes. -- moves. rate increases continue to run below their 2% target. the index level was reached in march. policymakers say they have met their mandates. two mores at least rate increases by the end of 2018. the question is whether there will be a third, with unemployment so low and commodity prices rising. tuesday's drop in the ism manufacturing index is blamed on a -- an economy to strong -- that is too strong. higher commodity prices are generally viewed as transitory. if they don't move now because there is no press confe

what's your blood type of don't take me up do you like taipei yes i do. really that's a relief they say type things are shy. no more that's what they say. well maybe a bit but i think taipei's can cope with my personality i said to be open minded ah ah. got it a long long. promising start as hope these two may be one step further towards finding the one at escaping from all the pressure of being single. you're watching t.v. news coming to you from berlin we'll be back in just a couple of minutes with another full roundup of the latest international news thanks for being with us for the be. the best. the by. the book. the be. going to our. feet. six feet above the. my song choice. thirteen. is really seventeen years. displaced mission. over one homeland featured in our program a moment of optimism when rypien and the power of science agree on. the peaceful future for both israelis and palestinians who seemed with bridge but an assassin put an end to. end to returning to the history of the displaced people still fighting for their homeland however hopeless

from the taipei times, they see it as a provocation, going with an interesting headline. china lures to make an republic, -- this is the third severing of the ties with taiwan from caribbean country in two years. genie: on the internet, many users have stepped up to the defense of a teenager accused of chinese cultural appropriation. dheepthika: this stems from a young girl who tweeted a picture of herself going to prom, as many kids do, wearing a traditional chinese dress, something she picked out because she thought it was beautiful. she has been accused of cultural appropriation because she is not of chinese origin, for "the national review," a conservative paper, they called the clash silly and frivolous, saying it reveals a rupture in the american soul. post"uth china "morning says the dress is worn to promote gender equality after the fall of dynasties in chinese history. chinese internet users have rallied to her defense, with one user suggesting the chinese government invite the teenager so she can display her dress in beijing. genie: the u.s. rapper pena -- kanye

yvonne: a columnist joining us from taipei. let's take a look at the flash headlines. moving a step closer to production at its first factory outside the u.s. registering the business with electric vehicles, batteries, storage and solar panels. it would allow it for an energy factories ass early as this year. betty: ready to reject and $11 billion takeover from china. the resources say they view the current offer as too low. its shares soared the most in more than a decade. they expect chinese utility to sweeten its offer. yvonne: amazon is taking a giant step into digital advertising. around thehoppers web to lower them back to amazon. them back to amazon. it is inviting select companies to test it later this month. than 230 chinese stocks set to start trading on three key msci indexes next month. this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." tha

applen taiwan and suppliers working to help the taipei market, too.uarter gdp missed yesterday. also, how these emerging markets are dealing. ringgit coming under pressure, holding at a four-month low. of course, malaysia voting today. the other big story, wti crude rebounding at $70. up in the asian session after that volatile move we saw in the u.s. when it was down at one point by about 4.4%. lots of corporate news for investors to focus in on. cba is the biggest loser when you look at percentage changes in the region. down by 3% in sydney. the lender coming through with a $1.7 billion cash profit. this was a loss from its previous number. this is due to compliance costs. has reactedhow cba to a lot of those corporate concerns in the banking sector. decatur pharmaceuticals one to watch today, falling 2.4%. we have the $62 billion deal with shire announced yesterday after the bell. let's look at the winners. tsmc looking quite good. tencent up 1.1%. asahi up by 7.5%. a couple good movers coming through the region. haidi: let's get to first word news

we will get the insight from taipei next.omberg. ♪ rishaad: you are back with bloomberg markets in hong kong. the latest business flash headlines. ipo of global companies, so far -- compared to the same timeframe in 2017. companies selling $83 billion in stocks to may the 27th. that's up some 16%. they have a number of deals on the way, down 13%. the top five underwriters and their market share of the ipo's, at 37% of the stocks. was actually siemens. haidi: chinese electrical car -- has filed for an ipo in the u.s. the tencent fact company is planning a sale that would raise $2 billion with orders. u.s. first timeshare sales by chinese company's has raised -- have raised $2.3 billion. during the whole of 2017. rishaad: let's take a look at fii, otherwise known as foxconn industrial internet, ipo paper showing its 20 strategic placements are dominated by state affiliated investor. alibaba and tencent do not leave the state affiliated lineup. let's get to our bloomberg columnist in taipei. tim, who's going to benefit most from

of investments and loans to kafka to essentially persuade them to seven diplomatic relations with taipei the move east taiwan was just nineteen diplomatic allies around the globe. police in india and indian administered kashmir are blaming rebels for the deaths of three men killed overnight in while shops in the region remains shut off to separatist leaders called a strike to protest over the death of a fourteen year old child and two rebel commanders they were killed during a raid in the southern village of drug come on monday security forces have also been forced to cuff you in parts of the provincial capital. twenty six story building has collapsed after being engulfed by fire in sao paolo killing one person and leaving at least three missing around one hundred seventy five fighters were called to the scene of the blaze early on tuesday local reports say the abundant building was occupied by around one hundred fifty people including many homeless families for years the city and state governments have been trying to forcibly remove squatters from buildings in central south tower. well

joining us from taipei.he key take away from these earnings for softbank? >> you are right, it was one bet for the year. let's look at the whole year for softbank. they do report on a quarterly basis, but are now becoming a company with so many ups and downs investors need to take a longer view, maybe half year for full year. we will have big winners in some quarters. the one big bet that did it for them was nvidia. they got the stock a while ago. during the fiscal year, which for softbank runs to the end of march, nvidia shares rose 100 chart for some -- 112%. it was the vision fund of masayoshi son, that started and got involved in and brought in a lot of outside money. it was the vision fund that brought large returns. without the vision son -- vision fund, operating income would have been down 2.5%. it was one big bet that made it for the vision fund and took softbank through the fiscal year. betty: the major businesses for softbank, they are in telecom of course, that is that the future of the company?

the klci moving to the upside and taipei making some ground up as well.aidi: yeah, it seems to be a little bit of a sigh of relief as we get some of these lines trickling through from the trade talks in washington. appears progress is being made despite larry kudlow saying these talks are very difficult. we are getting reports of a concession to charge $100 billion in reduction of trade thatit, a package reportedly offered by beijing. let's see how we are into the open in china and hong kong. the hang seng looking a little lower, futures unchanged as we have the lower close yesterday. rishaad: let's take a look at this movers here as well. there we go. it is on the way up, pharmaceutical diagnostic company in australia, increasing or up against forecasts for the rest of the year. we are seeing a move of 4.8%. nissan, .6% higher. we have got the company looking , and theysible merger are resisting a combination that company gains will cloud in the key areas. people acknowledged that here to the upside. improving dividends and that sweetener helping to ferm

bloomberg's opinion columnist joins us from taipei.cent has been very disciplined with its most powerful weapon. what is that all about? >> wechat. really, it comes down to wechat. they have got more than one billion monthly active users. they passed that number earlier this year. they have really got so many people they could serve, but they don't. they are very disciplined. up until early march or mid-march, they were serving up to a maximum of one ad per person per day. compare that to facebook or twitter who are seeing a lot more ads. in late march, they decided they were going to increase it to two ads per person per day. that is still not a lot. there is a lot of bandwidth. they are very weary. they are not going to flood the stream with a lot of ads. this discipline they have got in terms of not shoving it down the throat of consumers is very important and keep people engaged. revenuel get a lot more out of it, but they will not. that's something we need to keep an eye on in the future. i think they stay very disciplined for qui

billion dollar package of investments and loan is to persuade them to sever diplomatic relations with taipei the move leaves taiwan with just nineteen diplomatic allies around the globe. south korea china and japan will hold a trilateral summit in tokyo next week the latest move in a diplomatic whirlwind centered around north korea the gathering follows a historic summit last week when moved in and kim jong un routes to pursue denuclearization and a lasting peace treaty caffyn over reports from seoul on measures already been taken to ease tensions. during times of heightened tensions here on the korean peninsula north and south korea have used the loudspeakers to broadcast propaganda messages across the border south korea's messages have included news weather and k. pop music it often provoked an angry response from north korea which tightly controls the information it allows its citizens to access but relations between the two countries have been improving south korean k. pop artists were even welcome to pyongyang recently for a performance and the leader kim jong un was in the audience and

in hong kong shanghai type taiwan taipei and up till now north korea. we've been darwin schaub missile. cool. this is the work of the all cannot one sculptor can germany were. it's a tribute to the suffering and reza stance of the people of this island. in the u.s. civil war brought slavery to an end or did it there is a strong possibility that the very truths that you are using could have been brought to your table by in this brave individuals right here in the land of the free powers and the foreign wakas tricked into emigrating and trapped by un scrupulous profiteers food chain slaves positive slavery and twenty first century evil on al-jazeera. al-jazeera. it's. where ever you. he was the world's most wanted man and last meeting i had with him was often the name. bin laden was very nervous about nature had not met a western reporter before in part one of an exclusive two part documentary all jazeera speaks to those who met osama bin ladin he never showed hostility towards me of the west i knew bin laden on all jersey. hello i'm don jordan doha the t

in hong kong shanghai type taiwan taipei and up till now north korea. we've been darwin schaub missile. cool. this is the work of the all cannot one sculptor can germany were. it's a tribute to the suffering and reza stance of the people of this island. disillusioned with life in their own countries since the arab spring and looking desperately for a new sense of identity freedom and self worth let me in any way i don't feel like system my own country the country i've dreamed about demonstrated for and sought to achieve many things al-jazeera world here's the stories of those deciding to emigrate in search of a new life and nationality passport to freedom at this time one of the really special things that working crowd is here is that even as a camera woman i get to have so much empathy and contribution to a story i feel we cover this region better than anyone else working for it as you know it's very challenging the ability but the good because you have a lot of people that are divided on political issues we are we the people we live to tell the real s

the director general of the taipei cultural office in san francisco -- >> once we yield to this kind of threat and bullying it will be a big problem in the future. >> reporter: he says china's request to conform to their political correctness isn't right and will take this belief to stricter business international guidelines. >> we should establish a basic principle that no government can use their own coercive ways to intervene another company. >> reporter: a spokesman for airlines for america, a trade group that represents airlines like united and american and other major carriers said on saturday it is working with the u.s. government to determine next steps in this dispute. live from sfo, jackie ward, kpix 5 news. >>> the former california governor known as the iron duke has died. george duke magian died in his home in long beach at the age of 89. he served two terms as governor from 1983 to 1991 and built his career on fighting crime. he previously served as attorney general during jerry brown's second term as governor. brown ordered the continue flags to be lowered to half staf

taipei the worst performer when it looks at member rank returns, down around 10%, taking the two-day drop to around 7% on reports that one of its japanese competitors will start to supply some of its other major clients. a little bit of downturn coming through in that stock today. manus: thank you very much. over a billion users, a pretty staggering number to the tencent story. to u.s. lawmakers, they press 'se chinese president topographic to stop unfair trading practices. he's in washington to continue discussions between the two countries. good to see this morning. you are chief asia economics correspondent. this is one of those pivotal moments in the run up to discussions. where are we with the trade talks? who are the key players involved here? we understand bavaro is going to be involved again and from where i sit, that's a hawkish bid. grexit certainly is hawkish. he's back in the room according to our colleagues in d.c.. remember the clock is ticking now for the imposition of those plant tariffs, both by the u.s. under retaliatory measures. will see if some headway can be mad

and taipei, not so. >> but the glass is being trained as we speak.ird of a percent higher. the second day of gains. banks providing the biggest boost. the rupia is getting pummeled, down 4/10 of a percent. stocks, largely getting pummeled by japan. n is rising for a second day amid geopolitical risk. we are waiting for data from singapore, along with kale stocks, led lower after telco's dismal earnings report. sony, extending losses after disappointing the market with its conservative target. that failed to shake bullish analysts. intact.are energy's takeover rejected. chinease coal -- chinese coal miners are sinking on reports that china is lowering coal prices. 15% is lowert to than the market expected. coulde cut in auto parts be seen as positive. samsung, its biggest boost this morning. starting production of a nan ometer chip this year. taipeiaining ground in on news that it will start making chips for next-generation iphones to be launched this year. haidi: thank you so much. let's get to the first word news. polandresident trump has cold water

we are talking singapore, taipei, and kuala lumpur. 1.3 percent to the downside.tage,3.09% at one causing some consternation. 2011,, the highest since upbeat retail sales data, fueling the federal reserve, and could be raising interest rates three more times this year. singapore down, straight times index .2% lower. marketsmerging alongside developed markets taking it in the chin, not helping with that big miss in japan economic numbers. setting up for the open and mainland china and hong kong, hang seng looking negative, ftse china looking marginally lower. in the meantime, let's get first word news with paul allen. boss masayoshi son in discussion for $100 billion in the new vision fun. the operation made launch next year. the new fund may try wider pool of investors than the first one, which most of the money came from saudi arabia and uae. masayoshi son confirms the vision fund number two will come, but has yet to offer a timeframe. dallas fed president robert kaplan has cautioned against beating up interest rate rises. he's not jumping away from three hikes c

betty: debbie will in taipei, our bloomberg asian tech. , and exquisite interview with the cfo of china's of our charts on g tv . this is our library for bloomberg says fibers -- subscribers. you can browse featured, what we have been going through, and key analysis. you can save the charts for future reference. i'm is "daybreak asia," yvonne man in hong kong. betty: i'm betty liu in a new york. the event brings together some of a is emerging technology players. let's go to where chief asia our correspondent is standing by. we are talking competition with airbnb and china. is the main competitor of airbnb, much larger in china. we have the cfo with us at the goldman sachs tech net conference. executivesr and don't like being compared to airbnb because you are different. how so? >> they are a well-respected competitor in china, but we think we are the number one player in this industry in china. we are not just a pure online company, we have off-line operations. we have a local team in most cities in china to help local house owners to run their business. that is the big difference bet

juliette: --tim culpan, in taipei. let's get to jahangir aziz, head of emerging markets at j.p. with us from singapore. we are talking about inflation during the break and these expectations have come down a bit. reaction markets from the weak inflation, but i want to go into our gtb library. looking at the tracking between expectations that are tracking crude prices closely, could inflation expectations really take a turn for the bullish, given you can't find an oil bear out there at the moment? jahangir: that is true. what we have been seeing the gapsthree years is output have been closing, slack has been closing, unemployment has been falling, yet we haven't seen the kind of rabid in please -- increase in inflation. one of the variables keeping inflation down is the fact inflation expect haitians -- expectations of the households have been ratcheted down across the globe because a very low inflation over the last seven years. until expectations among households lift up, we will probably see inflation remaining benign. i am not saying it will die out, it will creep up. that it

futures in the green, type aking at the stocks, we saw a decent session happening yesterday -- the taipeivor once we will continue to watch the markets come in over the next couple of minutes or so. certainly, we will also be watching a lot of what happens with the dollar. looking at this, there is some relief perhaps, for some of these em currencies and assets throughout the week. betty: that's right, the dollar, it has been interesting to see the divergence of opinions on focus.day, the big that is it from "daybreak asia." market coverage continues with rishaad salamat and haidi lun, next. ♪ rishaad: asian stocks making some gains, wall street hitting seven-weak eyes, data suggest breathing room on rate hikes, yuan leading currencies in this oft of the world, but whens -- winds of change blowing. why it could be getting easier for global speculators to short chinese stocks. in hong kong, i am rishaad salamat. haidi: in sydney, i am haidi lun. malaysia's new prime minister says the missing millions can be recovered and labeled

tim colton, usually in taipei. we will go to him.l essay on the reality of business. is is the telecom cut -- it is the telecom company zte. tom: shock, the president found out. that is where we are right now. us with real expertise on technology, less on international relations. but on the zte in technology. as i look at zte and the importance, what is the so-what for the chinese leadership? do they need this company up and running, or is it a political check? it is both, tom. this is a company with 30,000 r&d engineers. that is larger than facebook has on its entire staff. be policy wants it to independent. they are going to use any leverage they have with donald trump to keep it alive. tom: what do they do in the united states? a good 20% or so of their product is u.s. based. most americans think it is all made in china or vietnam. what is it that america does that zte needs in the toys? tim: it is semi conductors. china is good with many areas of technology, but the united states leads in those key semi conductors. intel, broadco

in taipei, taiwan shares up 6/10 of a percent ahead of export orders for april.he forecast is for around 7% growth. singaporean stocks are up half a percent in head of -- ahead of inflation and gdp data dude later this week. japanese stocks are fluctuating. a little change in sydney. the dollar picking up more momentum, putting pressure on asian currencies. rishaad: we will get to these numbers and the data coming out of tokyo at the moment. let's get to first word news with paul allen. reporter: japan's exports picked up in april after a lackluster performance in march, despite the tension between the two biggest trading partners, the u.s. and china. shipments abroad where is -- rose seven percent. this left a surplus of $5.6 billion. slipped afterr new zealand retail sales posted the smallest gain in almost three years. first-quarter sales, excluding inflation, expanded 1/10 of 1% from the previous three months. that was against forecasts of a 1% gain. venezuela is voting in an election largely ignored at home and rejected by foreign critics, including the unit