>> i think that is a technical question and is best put to the telcos.echnical evaluation in the telcos will have to evaluate the solutions put forward by the various vendors. , but others like also have 5gnokia systems around the world, so in the end, it will come down to the evaluation from a commercial perspective, on the other hand, the obligations under the proposal, and the regulatory requirements for security and resilience. minister, a question on the virus. ago,we spoke one month singapore had 160 cases. now singapore has the most cases -- i forgeter india the other country right now. singapore about how must not be complacent in the it manages the virus. has singapore pin complacent when it showed a low number of cases? think that is partly the case. viruse taken the seriously. whether the effort in terms of restrictions on travel and other restrictions in terms of the domestic population, and also the work we are now doing with the broker community in singapore, i would say that all our steps have been informed by the data, and then the trade-

the telcos will have to evaluate the solutions.huawei, but nokia and others are pushing 5g systems around the world. in the end, it is good to come down to the valuation from a commercial perspective on these telcos. on the other hand, they must meet the regulatory requirements in terms of security. was singapore's minister for comedic asian's and information. news just causing the bloomberg when it comes to australia. the sale kicked off of the airline. they are seeking to have the deal completed by june. partiesntinue with 12 when it comes to virgin australia. morgan stanley will be running that sale process. they plan to have those binding offers due in june. they are thinking to complete a deal by june 30. they held their first meeting with virgin australia creditors as well. the proceeds from this sale would have to pay back those creditors, of course. haslinda: let's do a quick check of the latest business headlines. india's top court dismissed an appeal by vodafone seeking a refund of $630 million from the government. the pa

while i was while i was a lib except in telco office so that was quite a long thing well maybe if everything works out maybe it's possible. his 1st attempts failed after 160 kilometers and a lot of height but in the summer of 2019 he managed the full 200. almost 4 days in the water with only brief breaks for a snooze on the escort but. why did he do it. for my history the hospital where my fellow patients did not make it so. it still doesn't feel fair why did i have to like to recover and why did my fellow patients like france that not have that luck. and then almost some sort of guilds start it's almost to survive the kids and with that survivor killed i thought well i want to do everything i can to place funds for cancer patients to increase the chance ofa luck for. future patients funny if i manage to raise some 12000000 euros in donations through his very own 11 city took treasures funds that he's passing on to cancer research projects. that. mock in fact they're fighting may not believe in the direct healing powers of sport but he has showed that sport can help to battle the disease. th

i was working for the telco when that all went down. we were working nights and someone didn't show up and i was waiting for relief, and then our terminals started to light up like christmas trees. my relief came in at that moment, and i was glad because there was a million things that went down. there was an at&t office across the street, and that completely -- they were a hub, so they took a big hit so to speak, i found out later they were right across the street from there and it blew out all of their windows and et cetera. i would also like to comment on terrorism and civil disobedience. i was in chicago for the '68 riots, my dad was a firefighter. what happened after martin luther king was assassinated, i could smell the smoke, and once in awhile i would be playing baseball, and you could see the black smoke and you could almost see the flames. if you ever went down madison avenue, which i didn't too many times, but his house was there, the housing projects, there was civil unrest going on. i personally, not to ramble here, i was r

we are joined on the phone by telco and, nasdaq ash by towel cohen, nasdaqal head of north american marketsu rate market functioning the last few weeks? what should be done to keep market functioning as for smooth as possible over the coming weeks? tal: thank you for having me. what we have seen for the duration of the crisis is that markets have been functioning , and that is not only exchanges, but brokers and clearinghouses and public companies. so the markets have been orderly. there's been price discovery, and while the direction of the markets and the volatility is somewhat unprecedented, the markets are working, and now, based on how the markets are reacting to the most recent news , it seems like we are expecting the unexpected, and processing and absorbing that information in real time, but preserving the orderly markets. vonnie: what kind of volume have you seen, and has it been mostly institutional, sovereign wealth? can you give us an idea of who has been in this market? tal: sure. once again, looking back to maybe the middle of february, we started to see these volumes and vola

i was working for the telco, the telephone companies when that all went down. i was working nights. in somebody didn't show up, so i -- and some i didn't show up, so i was waiting. and all the sudden, i was terminal. we found out later, my relief came in at that moment and i was kind of glad. but i found out later there was an at&t officer right across the hub, soso they are a they took a big hit. and i found out later, yeah, they were right across the street from that and it blew out their windows, etc.. also, the point about terrorism theyivil disobedience -- are not too separated. if you go down madison avenue, after martin luther king was assassinated, i could smell the smoke. smokeuld see the black and the flames. if you ever went down madison avenue, which i didn't too many the fire house was right down the street from cabrini green -- the housing projects -- there is still unrest going on. i personally, not to ramble here, i was radicalized when i was 10. i was arrested 27 times before i was 17 years old. we were used to create civil unrest. so, a lot of these things, they fe

how about telco? own apple, don't trade it. if you haven't bought it yet, don't come in and buy it up 20 the downside could be significant. not don't own this one if you can't take some pain for me i'm happy to buy apple into weakness. i slewed tim cook for getting personal protective equipment. mark benioff got a 747 with ppe from china to hear is business the greatest source for social good? benioff, thank you with the essential of walmarxce, costco and amazon, most won't be able to whistle baft their debt covenants if they don't get the economy moving again i need you to look at the work of oliver chen a terrific analyst put up numbers last week they can bump up here. third quarter earnings conference call go up furththeyn they can go up further, but i'm concerned. now i'm worried about the spring will they have the big customers they usually get normally may would be gardening season for them. but maybe we don't have a gardening season this year i've had 32 years of gardening and i think this year could break the string i l

three months ago we covered a very volatile little-known telco infrastructure company inseego it wasework item at the time i told you the story looked intriguing as a play on 5g clearly i should have been more positive initially as the coronavirus took the world by storm, inseego's stock tumbled from 6 bucks and change to 3 bucks and change in march lows two weeks ago the c.e.o. announced some terrific first quarter numbers, incredibly bullish guidance for the second quarter, too turns out the quarantine has driven the major surge in demand for mobile hot spot products like the 5 g. hot spot they launched last summer with verizon. company is still not profitable and doesn't have a great balance sheet. certainly it's gotten better if we get a few more days like today i think it will be very enticing don't take it from me. let's hear from the chairman & c.e.o. of inseego and learn more about the company's profits. welcome to "mad money. >> jim, thanks for having me on. >> i'm thrilled you're on. it was a great viewer who gets a lot of our ideas from our viewers. if you truly don't mind

stream getting a big boost from a locked down america, the stock is darn attractive to me i think their telco will be second. you know i'm a gigantic fan of invideo. invideo is a big call. that's the dog they have a ton of chinese business who knows, maybe the chinese government will finally bust their acquisition, please, something that will make the stock spike. amd would be terrific, too gaming is hot, hot, hot. now let's get more aggressive. i watched caterpillar stock move up including today the big infrastructure bill to combat skyrocketing unemployment nonsense the communist party has been an economic stimulus. they need cat machines i think the stock is still a winner on any chinese resurgence oil stock trading up on saudi investment good chance to lighten up there. number 6, there are many reasons to own nike. but the china story is what i'm most excited about when you get out of lockdown you want to splurge like with a pair of nikes i was on the fence with the olympics postponed china is the second story in the olympics there are plenty of stocks that can benefit from china emerson

indian telcos. plenty more great interviews to dig into. stay with us.loomberg. ♪ yvonne: it is almost 11:00 in the lion city. i'm yvonne man. we are entering the last hour of the wind session in hong kong. wuhan aste to leave china lifts 11 weeks of lockdowns. restrictions changed the lives of millions. the infection of marches on elsewhere with the u.k. new york state reporting their deadliest day yet plans are underway to reopen the u.s. economy. hsbc's decision to scrap dividends. we hear from stuart asset management. this is bloomberg markets: asia. a check on the markets. asia mostly lower. it may be premature to say -- australia leading the pack lower. weakness in the aussie dollar. the s&p cut. australia's outlook to negative from stable. some economists forecasting 12% unemployment in the country from 5% in february. the government set for a record 80 billion jobs cared the asx down seven tens of 1%. korea, down a tad. the nikkei 225 coming off its best in two weeks. japan's a sense that stocks have bottom. -- have bottomed. the nikkei up by a h

deals with the consequences of the virus lockdown, we speak to the official voice of the country's telcod ask what is helping them stay up and running. .he rupiah, not doing a lot we were just talking about how they slashed the growth forecast but the rupiah, very much out there. haslinda: just ahead, we speak a fund manager who expects stock markets to see more deep losses before any hope of a recovery. a ceo is up next. that is next. this is bloomberg. ♪ yvonne: some lines crossing him a terminal about abu dhabi commercial banks saying their is $981 to nmc health million on the back of reports we have been saying on how they as thered lazard company's financial troubles mount. the boutique bank will help recover some of those funds the to a-owned lender provided struggling hospital operator and the financial services firm. that is according to people we have been talking to. we know the dollar amount, $981 million. it was thought the exposure would be up to $1 billion so close to the estimates. investors continuing to gauge impact of coronavirus on markets companies/dividends and earni

telcos are guiding flatter up this year that is a revenue stream, we all still pay our phone bills.re for data if your pay as you go. supermarkets had a boom. tobacco stocks are doing well. some of the health care stocks are doing well this year. and some of them more nice place like industrial gases where, they have an industrial business that is going to suffer as industrial production falls, but they have health care oxygen businesses which offset and slightly more niche areas like that. and a few essential retailers globally. then the obvious, netflix, amazon, computer games, though stay-at-home trades have been doing well also. that is phase one for what happens. you continue to see growth be expensive but high-quality stocks doing well. as until we can start to discount a cyclical recovery. and the underlying economics of the situation is very bad, i agree with matt's comment. anna: freddie, thank you very much. from latitude investment management, the cio and he stays with us. we will get his top stock picks next. as coronavirus keeps large swaths of the world at home, why do

>> the leader in this market since the bottom has been telco tech the one that i thought had the most prominence was the bounce in micron. micron has got all sorts of tech inside it. and there had been some tightness in d-rams. goldman downgrades it. it's a chilling downgrade. the reason i say that, there's so many stocks that have a great move off the bottom, you don't want the leadership picked off this one is a pick off it's basically saying, all right, we had the big move that's over. too many of these, we will go further down will we violate kostin's level i don't think we violate the low. i read it, i said eh, i don't want these now if this is the start of downgrade season ahead of the earnings, we'll have a tough earnings season. micron, not so great >> all right we'll keep an eye on shares of micron and continue to watch the overall market and see if the s&p continues that rapid rebound we've seen, certainly last week one of the records for some time a lot more "squawk on the street" comingig bk. rhtac om, it's got all my favorite shows right there. i wish my trading platform

i was working for the telco, the telephone companies when that all went down. i was working nights.n somebody didn't show up, so i -- and some i didn't show up, so i was waiting. and all the sudden, i was terminal. we found out later, my relief came in at that moment and i was kind of glad. but i found out later there was an at&t officer right across the hub, soso they are a they took a big hit. and i found out later, yeah, they were right across the street from that and it blew out their windows, etc.. also, the point about terrorism theyivil disobedience -- are not too separated. if you go down madison avenue, after martin luther king was assassinated, i could smell the smoke. smokeuld see the black and the flames. if you ever went down madison avenue, which i didn't too many the fire house was right down the street from cabrini green -- the housing projects -- there is still unrest going on. i personally, not to ramble here, i was radicalized when i was 10. i was arrested 27 times before i was 17 years old. we were used to create civil unrest. so, a lot of these things, they fest