let's get the view from our reporter in brussels catherine martens as well as our asia correspondent andrea hang you both catherine let's start with you should european consumers be worried well miyan the conflicting evidence the european member states indeed faith in providing a clear consumer. indication of whether life was and is harmful or not and this added to or it only emphasizes a feeling of consumer insecurity in europe and probably fuel civil society protests in europe as well and how's the i recall troll industry in asia reacting to the news well there is concern and nowhere in awareness about the use of lesser sea and its potential harm to humans but not very conclusive studies has been conducted just yet not enough to create. these there's a study. that focuses on the. apparent evidence of like to see in pregnant women on the other hand sometime last year was had a clampdown on quick oh it's products which had traces of blood so there is concern just not quite a big enough one yet ok as far as the market goes in the asia pacific it's the biggest glaive to say i guess a ba

the british luxury salmon producerjohn ross asia. producerjohn roser was asia. the british luxury salmon producerjohn ross jr was snapped asia. the british luxury salmon producerjohn roser was snapped up by estonia's are pr foods. the company's by estonia's are pr foods. the compa ny‘s new boss by estonia's are pr foods. the company's new boss plans to take the company's new boss plans to take the company global. asia is predicted to become their biggest market. we believe that asia will be our number one export market within the next two years. our processing facilities remain in europe because that's where the salmon comes from. we are processing facilities in estonia, in finland, sweden and in the uk as well. would you move some of that processing facility here to asia? not really, because you need to resource the raw material were it comes from. it is a little known fa ct comes from. it is a little known fact that the scottish salmon exports are the number one uk food exports, overtaking confectionery. to find the cleanest and the

this is the bit weak addition of asia business report. i am rico hizon. kick off the programme with japan, and tokyo stocks have opened lower after a scandal over kobe steel shook investors minds. it has been discovered that they falsified information on aluminium and copper parts. you never know how far trouble with spread. in fact, you never know how far trouble with spread. infact, some you never know how far trouble with spread. in fact, some of kobe steel's products and it up in this rocket, adding into space, with a satellite, on tuesday. it all went to plan, thankfully, but it shows the extent of the problem. these materials are used in a lot of products. more than 200 companies are affected, from japan's they must shinkansen trains through to the aerospace industry. manufacturers are trying to make lighter models to meet incremental standards. mazda, honda, toyota, mitsubishi and subaru have all been affected. kobe steel says about 4% of the aluminium and copper products it has shipped over the space of the year were falsely labelled to meet custo

the south asia strategy shows you the path to peace is through the negotiated settlement it is time for the taliban they cannot kill their way to power for those who intend to do lazaro when to close by recognizing to keep a close as possible dialogue with congress and with this committee. edition is long appreciated with the budget control act the greatest inhibitor to our defense the arab land and sea fleet than that technological competitive the advantage lost i appreciate your support to lift those spending caps as we have been increasing the ball a title security environment thank you. >> to the distinguished members of the committee thank you for the opportunity to provide an update on the south asia strategy in recent months our commander described the current condition as a stalemate secretary mattis has testified we're not winning and members of this committee have made similar statements. this has developed since the nato mission in afghanistan transition to the advisory effort with those special operations units at the tactical level with advisory effort for conventional forc

the year. well, in asia, japan is up yet again for the 10th consecutive session. thank you for watching. hizon. you're watching bbc news. hurricane force winds have hit many parts of ireland as one of the most powerful storms sweeps as one of the most powerful storms swee ps a cross as one of the most powerful storms sweeps across the british isles. 360,000 homes have been without electricity. chris barker has more. from the atlantic, 0phelia arrived in force. no longer a hurricane, but she still returned to show her power. severe weather warnings were in place across ireland and homes, cars, in place across ireland and homes, ca rs, even in place across ireland and homes, cars, even stadiums, were no match for the wins. this roof was born from a school in county cork and it was the irish government repeatedly called a national merger and see. this is a national red alert that applies to all cities, counties and all areas. and also bear in mind even after the storm has passed there will still be dangerous. galway was in the direct path. here many listened to the appeals for people to sta

we spoke at the asia society in an extended conversation about iran, its neighbors, terrorism, nucleareapons, and the u.s./iranian relationship. this is an expert -- excerpt from my conversation last night in which they talk about some of the accusations against iran. let me turn to iran. they also suffered some rhetorical assault from the president. he said not only was the deal and embarrassment that he called iran a corrupt regime and rogue nation. why is he doing that? why is that necessary? >> let me tee up the problem and let my diplomat friend solve it for us. there are two buckets. one is the iranian nuclear weapons program. iraniannd is misbehavior in the region. their own conducting of terrorism, or support to insurgents, their desire for regional influence, their desire that israel be wiped off the face of the planet. that set of issues. believe thessue, i nuclear deal has put that issue in a box for the next 10 to 15 years. it is not perfect. but it is pretty good because it has put them in a box for 10 to 15 years. know, the iranians are living up to almost the entirety of

and of course, the trip to asia. p that the president's agenda -- of have to say, it is kind of a constant series of distractions around the white house, and they do try to get things done, but really, criminal charges would be kind of a new development in terms of the trump administration. thanks so much for enlightening us on these developments. ross krasny in washington. up next, or had asked prime minister with a poor opinion poll hot on the heels of losing his razor thin polymer tory -- parliamentary advantage. what this means now for the australian government. this is bloomberg. ♪ ♪ betty: good morning, i'm betty liu in new york. haidi: i'm haidi lun in sydney, you are watching "daybreak: australia." phillies former deputy prime minister hit the campaign trail over the weekend to regain the government slender majority. the high court said his dual citizenship made him unable to sit in parliament. let's look at this extraordinary case. have correspondents following this remarkable story. >> it is extraordinary. j

the up. now it's been a big week for business in asia. gest economy and injapan the problems are deepening for a manufacturing sector that certainly used to be regarded as one of the best in the world. 0ur asia business correspondent karishma vaswani is in singapore. good to talk to you. let's begin with this latest news causing problems for the made injapan brand. the nissan cheating accusations, this idea that they have been fabricating specifications on some of their parts for a while 110w. on some of their parts for a while now. yes, you know this is something that has dominated the news in asia this week. it comes after a litany of scandals in corporate japan. today we are hearing that japanese officials are saying it's unclear how long these problems have been going on at nissan. that's japan's second—largest car—maker. investigations are continuing as we speak. to remind our audiences, nissan is suspending production at six of its domestic car plants for two weeks. these make cars for the japanese market. that's about 6% of global p

let's look at how markets are faring. >> not too many friday the 13th the jitters for asia. ing. kospi looking to snap a rally. the economy remains on track, but consumption remains a concern. keeping an eye on samsung shares following third-quarter profits at a record. singapore following that gdp update, shares up .2%. were a highlight, growing at the fastest pace in 11.5 years. singapore dollar coming off of the session low. markets were initially disappointed because they were hoping for a hawkish outcome from the central bank. anz said the mas is giving tighten, buto there won't be any urgency to do so, so maybe april will be too early. hanging on to.2% tighten, that 78 handle as we wait on chinese trade data. the rba releasing its financial stability review, household debt, housing markets a top concern, and also banking industry risks, developing a top-down stress test for aussie banks. financials unchanged this morning, stocks set for a third day of gains. , both a look at the topix the nikkei 225 and the topix sliding, but the amount of the is morer the topix severe,

here is a guy that predicted the boom and bust, the asia crash in 2015. me it is different because the fundamentals are giggly stronger. our stronger -- are stronger. they are looking more at macro fundamentals, the growth futures are pretty robust. he says valuations are looking ok. the sense, we are close to what happened in 2015. to say there could be a frenzy is too soon. this redirection of funds is probably going to be gradual. they think it will be difficult for equities to be strongly supported when they're operating in and in the environment of aggregates. we know the deleveraging campaign is key, given some of these remarks from the pboc governor as well as xi jinping. kathleen: i want to ask you about internet censorship. one thing happening in his 19th party congress, president xi is making it clear he is solidifying, even cracking down, on the internet. i spoke to a friend who is married to someone who used to live in china. she is quite concerned about the cancellation of a tv show, because it discussed ideas. what does this portend for china

a look at the markets... asia after the dowjones industrial average surged to a record overnight. fuelled by huge gains and industrials stops. —— stocks. sport today coming up next... the top stories this hour. in a few hours time the communist party of china will unveil its new leadership — and we'll get some clues about a possible successor to president xi. the republican party senator jeff flake has announced he won't seek re—election because of what he called the reckless and undignified behaviour of president trump's white house. the eu's chief brexit negotiator says a trade deal with the european union could take three years to complete, if talks begin in december. michel barnier added however that the discussions wouldn't be without risks, because all of the eu's national parliaments must approve any agreement. damian grammaticas reports from brussels. from the eu today, a blunt message. donald tusk is no fan of brexit. how it plays out, he says, is down to the uk, but eu countries must remain united. it is

optimism here in the asia-pacific. that optimism helping the markets get a shot in the arm. we are waiting into the reporting season in asia, should have highlights shortly. take a look at the open in tokyo, nikkei 225 gaining for a 17 today. the stocks are at the most overbought level in 21 years. it does not look like the momentum is slowing down. aussie stocks rising a second day. shares from seoul extending gains for a fourth session. take a look at currency markets, outlier,n won, that helping a three-day boon ahead of the gdp data due from south korea. not much movement, the dollar holding on to its overnight climb. the yen is steady, near a three-month low, eyeing the 114 level. is reason we might seem 115, the friday report on u.s. economic expansion coming in strong. in the bond market, a slight retreat in u.s. bond yields we had a 10 year rate climbing toward the 2.4% level. keep an eye on two-year treasuries. that potentially could be a driver for bullish dollar sentiment today, which is helpful for asian cur

we have seen a trickle through in the asia-pacific. the anzac, 1/5 of 1%.xpecting the new zealand prime minister to announce a new coalition deal later on. this is the head of the inflation data on wednesday. 7811 for the aud. in 1988 a record we saw after that victory for shinzo abe. the yen. ramy: that slight pullback you just mentioned, taking a cue from u.s. markets. the first time in a week, after hitting record highs last friday. the s&p list down 4/10 of 1%. tec h, some of the biggest laggards, down about 2%. , just under $52 a barrel. sectors in the1 s&p 500 index were down. utilities were up. microsoft,ebec, amazon, they all report next quebec, -- twitter, phabet,ft -- twitter, al microsoft, amazon all report next thursday. peter: the stocks were pretty good. for weakexpectation trading. that is what the results came in on. outside of that, for financial services, many businesses really performed very well. loan books performed well. equities. overall gave us a pretty good start. ramy: lettuce hopping to the abouterg -- let us talk the bloomberg te

well the word is core big and it's something that is definitely worrying investors and people around asia it looks like the wood is about to get even deeper the show is obviously plans twenty two percent today but that's not the only thing that's hurt japan's stay in the certification is also estate yeah. you know diesel gate has taught us that first only v.w. was caught cheating but others were found out too well the same happened in the japanese steel industry there as well that's a great example and a good question as well go hard looking back in looking back last year when the japanese are a whole new industry got hit by scandals as well and safety regulations as it is and inspections are the same could very well have been the steel industry seeing as a how quite interconnected we saw how skeletons more and more in much from the closet as the weeks go by so we have yet to see what it's going to bring us in the next few weeks underhand sample thank you very much. staying in asia north korea is currently not what you'd call a tourism hotspot is it it could have something to do with the

we check out how the shopping with science and the customers the guinea pigs. good morning asiahello word. it is tuesday and glad you could join us. we start off in the us and according to new york, they have found a former hsbc traded guilty in defrauding a $3.5 billion currency deal in 2011. markjohnson has been accused of exploiting confidential information. joining us is our business reporter, monica miller. this court case is being closely watched in the financial community? absolutely, it took the jury in brooklyn two and a half days to find him guilty of defrauding his clients in 2011. what prosecutors argued is johnson, with his colleagues at hsbc, inflated sterling right before they converted three and a half billion dollars into sterling and what he got in return was $7 million in profit for the bank. prosecutors used audio recordings and probably the most incriminating one they had was one of him saying, i think we got away with it. johnson's lawyer says his client is innocent and his words were taken out of context. monaco, what makes this case so unusual because ban

and its allies in the asia-pacific and in other regions to create an antimissile defense system and move it, the elements of this system closer to russian and chinese borders. our calls are managing the risks regarding the quantity of this balance remaining unanswered. we see the plans to continue the deployment of the weapons on the borders in europe and eastern europe and we are worried about what is happening. this can all lead to lowering the threshold. we support the banning of the president nuclear weapons on the territories of other states and we call on the use of other nations for your interest in terms of nuclear weapons and for intermediate and short range missile treaty we have talked a lot about that and we have this expressed our concern but that, but washington continues to blame us and this approach does not lead to any positive progress. we see that this provocation is an attempt to show russia as a villain while at the same time keeping silent about their own failings, our position in the missile program is quite clear and mr. putin has clearly expressed russia's positi

asia market. theures are lowered by 40 points. daria ndiaye unanimousics with this snap election just a couple of weeks away. this is "daybreak asia." we'll be talking about this until the day of the elections. let's turn to business in the middle east. doha bank talking about the possibility of raising long-term funding through either a private placement of a private sale. they plan to raise debt after completing a $350 million rights offer earlier this year. joining us now exclusively is ragman.o. of doha bank, i know you stopped here on your way to the meetings in washington. so i want to talk a little bit about the liquidity situation right now for your bank and for the banking system in qatar giving the cutting of ties earlier this summer with your neighbors, with the neighbors cutting their ties with qatar. last year you were -- you were raising some along-term bells about the liquidity situation. at that moment in the banking system, now after this and the diplomatic standoff, how is the liquid

take a look, i have the msci asia, always index on the risk radar. or asia pacific. ains as you would imagine. often times when we see gains at of the u.s., feeding through into asia, they come through into europe as well. take a look at the euro. you can see little change but holding onto the gains we got yesterday after that catalonian's down a little bit. -- back to down a little bit. we will hear more about what is going on in the catalan ale -- catalonia independent situation. owner to take a look at jgb. no longer seeking the safety of government debt in japan. even though the arrow is green there. the 10 year yield coming down with the green arrow. beh a 2.36 yield, it should 2.4% to get to the level that l gross has cited which is in his opinion and end to the 30 year bull market in bonds. we have not reached a yet as tax reform seems to stumble. anna: let's look at the bond market. this is what we are seeing in the bund futures. keeping an eye on the spanish market same reason we are keeping an eye on the ibex. we have seen pressure as a result of the tension

research shows that the asia—pacific wine market is set to register the fastest growth in the world overkness in places like western europe. north america and africa. much of that is being driven by china, where there are some a8 million urban upper middle—class drinkers of important wine. and that is thanks to more disposable income in china and easier access to wine itself. to get more, iam easier access to wine itself. to get more, i am joined easier access to wine itself. to get more, iamjoined by easier access to wine itself. to get more, i am joined by the managing editor of robert parker wine advocate. welcome. most people in asia, unless they have a religious reason or health reason to abstain, enjoy wine. what are the trends? we're definitely seeing more people enjoying wine and more wealth is being created and more people are enjoying luxury level wine so that is one of the largest region areas of growth, at the high end of brand luxury wine. but the high-end, in china, how fast is consumption wine drinking growing? it has been in double digits for the last five yea rs or doubl

the stock rally in asia continues, higher for a seventh session. ks in singapore, taiwan, and kuala lumpur and join upturn after policymakers shrugged off concerns about soaring asset prices. aussie shares on the advance, rising .6%. the asx 200 level. the kospi clocking highs, the korean won rising. south korea's joint navy drills begin today with united states. ground, downsing .2% ahead of china cpi and pp data, giving us a hint on the inflation 2.0 story. the malaysian ringgit rising as malaysia is reducing its dependence on oil revenue. that benchmark has added only 7% this year, lacking 23% in the regional benchmark. funds are favoring malaysian equities over southeast asian peers. this chart shows the year-to-date foreign fund inflow. philippines, vietnam, indonesia, and thailand. in2 billion worth of stocks the malaysian equity market. budget coming out in november. , the back to the oil patch rally in crude sparked by the conflict around kurdish oil fields may have a fighting chance of sticking around. a strategist points out the reduced po

the u.s. is an important partner for many in asia. singapore is a small country where just 5.5 million but we have sizable investment and trade with the u.s. and these continue to grow. for example,er where tee second largest asian investor in the u.s. with $70 billion in stock investments and total trade in goods and services amounted to more than $68 billion last year. the u.s. has consistently run a substantial trade surplus with singapore. last year it stood at $18 billion. in other words, america exported 43 billion of goods and services to singapore and must be one of the highest buying american customers in the world. $77,500 worth of american goods and services yearly. ties, golf clubs, financial and consultant si services. the associations. discovered recently looking at my sports shoe my new balance shoes which are very good, are me ad the u.s., probably in new england. of course we buy boeing jets. president trump and i just witnessed a signing between singapore airlines and boeing for sia to purchase 39 boeing aircraft wort

the iphone. good morning, asia, hello, world. welcome to asia business report. i'm rico hizon. e european union has launched a fresh crackdown over taxes paid by technology giants amazon and apple. amazon has been ordered to repay more than $290 million in back taxes after european regulators that it was given an unfair tax deal regulators that it was given an unfairtax deal in regulators that it was given an unfair tax deal in luxembourg. the european commission also plans to ta ke european commission also plans to take island to court over its failure to collect billions of dollars of back taxes from apple. —— ireland. let's find out more on this. the european commission is really busy but what do these allegations mean for amazon? really busy but what do these allegations mean for amazon7m really busy but what do these allegations mean for amazon? it has to be said the europeans have been very aggressive with major multinational companies that they believe to be avoiding taxes. the european commission conducted a nearly three—year investigation into amazon's tax practices and

the asia-pacific economic cooperation, or apec, has been an economic catalyst for the asia-pacific region since 1989. they have trade cooperation in the region that promotes inclusiveness and sustainable growth. specifically, this bill re-authorization the business travel card program. the program began as a pilot in 2011. this bill would implement best practices found throughout the seven-year pilot program. issued travel card is to travelers who are part of the economies. valid for five years, the card eliminates the needs for its holders to have a visa when visiting other countries as long as preclearance has been obtained. our partners in the asia-pacific region are more important than ever before. the free and open trade promotes economic integration, enhanced border security and has a sustainable business environment. it enhances border integrity applicant s each against watch lists of other participating economies. it provides cost savings to travelers and moves frequent travelers who have been prescreened through the international travel process more efficiently. the apec card is

the fed. this is bloomberg. ♪ ♪ this is "daybreak asia." ident trump continues to praise the shortlist list of candidates, but has not made up his mind. fox business,th but did we hear anything we don't know yet? under -- something is some things underscored. donald trump has had a short list of five people. is a fed governor, expert in banking. john taylor, stanford university economist author of the taylor rule. that is controversial. , jerome powell, and gary cohn. in this interview with fox, he said most people are saying it is down to two, mr. taylor mr. powell, and there are a couple of others. i would say i will make my decision very shortly. i think we knew that. one of the interesting things he was asked about why don't you send them both to be the top position, fed chair and fed vice chairman. he said it is in my thinking. a couple of things are in my thinking too. stephen mnuchin is pushing for jay powell. michael pence is pushing for john taylor. in terms of who is in the lead with the market, let's look at btv 3203. this is jay

this is bloomberg. ♪ ♪ yvonne: a quick check on the business flash headlines. air asiaairbus neo's to larger three 50's to boost capacities. they launched a review of the requirements and there could be a trade up to bigger planes. the ceo said the dreamliner is also under consideration. he said air asia will continue to look with four to eight hours flying time. vietnam airlines have signed a partnership with air france to strengthen services between asia and europe. this means more flight options between three hobbs. -- hubs. it opens the door to 50 destinations in europe and 20 in southeast asia. france has been one of the most important markets. moneys see ceo sergio said the investors are staying on the sidelines when it comes to cryptocurrency. bitcoin had 300% this year, drawing the attention of wealthy individuals and regulators. it is more likely existing currencies may adopt some features of the crypto siblings. >> people are more curious about doing their best. i don't think there is any meaningful desire by high net worth individuals to get in on this phenom

chair, about the fed this big week when he travels to asia. that derail any announcements we could hear on tax reform then? >> tax reform is on a different track. we expect the house republican tax writers to provide details of their plan. they have been doing it in sayet, in private you could , and there is a lot of elements of that plan that people really want to see, about what happens to certain deductions, property tax deductions, mortgage interest, how 401(k) retirement accounts are handled. that is independent of trump and details will come out this week, be would have expected to be some kind of joint appearance between the tax writers and president trump. we don't know if that will go ahead, but certainly the tax announcement will take place as planned. >> why do you think we haven't seen -- we saw with mitch mcconnell a couple of weeks ago. do think were not seeing a lot of unity? the house republicans and the senate republicans are on different tracks. they have different bills that will have to come together in the end, and we may

from the heart of asia one when east brings captivating stories and award winning fields. as tensions on the korean peninsula remain high president trump embarks on a five nation tour to east asia november on al-jazeera. it was an audacious bid to capture a city in the southern philippines and turn it into a province of myself. with rai left the smoking room is asia the new battlefront twenty one east investigates at this time on al-jazeera. now. korea tain massacre at least one hundred twenty eight people killed by ice as they were forced out of the syrian town and the children dying of hunger. five years under. a low i maryam namazie in london you're watching al-jazeera also coming up the u.s. secretary of state has arrived in the iraqi capital baghdad after also making a surprise visit to afghanistan. financial help from the international community falls short of its target as over a million range of refugees remain in need of lifesaving eight also. i'm not angry with my mother i mean she did what she could. she was young when she married a. child bride story of what for

juliette: we are checking the markets midsession in asia. coming back online. moves coming through those banking players. rallies following the rrr cut. australia across market is looking be good. ralia's market is looking pretty good. up. aluminum is looking good. .05%.s up by in terms of currencies, it is dollar week. asian currencies are looking very strong. the new zealand dollar is under pressure. dropping against the australia dollar. we still have uncertainty over which party will form a coalition government in new zealand. sachs says you should be should be adding chinese consumer stocks to your portfolio. that is the state of play across asian markets. david: thank you. entering the lunch break in china right now. -- what does october usually look like for the chinese markets? the first trading day on the mainland markets. usually, october is a very good month. but historical performance is not a guarantee of future performance. 1.24% return today. it has performed very well. angie: the 19th people's congress party is meeting on octo

clinton announced that in two thousand and eleven but the real pivot that's going on is not just the asia pivot is the africa pivot or the question is what are we doing there what do we know about it ok you know michael good point that peter makes it i mean why are we there why aren't the american public in lies told more about this because you know all of us make an effort it's part of our job you know and i started digging deeper and deeper there's a lot of things you can actually learn but you have to make an effort and no one really is making it easy for you let's put it that way i think of websites. antiwar dot com which is quite good at doing that but there's no if you look at the policy elite there's no reflection about the tragedy that never needed to happen in libya and then you have any of the northern part of an entire continent because of this malfeasance and now with negligence on the part of the obama administration spearheaded by hillary clinton what happened in in libya and you have this terrorism that is a cancer growing we didn't have that before this ridiculous libyan e

that has to hurt in the trump family. yvonne: in asia 666 onfeng shui to have your building. this building, controversial from the start. betty: we will see. there are certainly going to be people coming in to buy. we have heard russian and chinese investors may be buying up this building. yvonne: on the next hour, kobe steel. we talk about china trade. an economist joins us for a preview of today's trade data in upcoming congress -- communist party congress. betty: and an interview to discuss chinese listings in new york. this is bloomberg. ♪ ♪ >> it is 8 a.m. here in hong kong and we're live from bloomberg's asian headquarters. i am yvonne man, welcome to daybreak asia. the top stories this friday, estimates in the third quarter for companies and memberships for this company helps to bring in $55 billion. the kobe steel scandal strikes again, substandard parts were found and the company admit that more data was faked. >> i am betty lou here in new york where it is just after eight p.m. on a thursday, we are hearing that the global econ

at least half of the cabby‘s profits are due to asia. ting jobs to make the company more profitable, while making dividend payments to shareholders. the bank's continued bet on asia, according to analysts, is why they have been continuing to get results. thank you so much forjoining us. but let's look at what is trending, now, in business, today. the guardian says the uk could undergo a fourth industrial revolution. a post—brexit phenomenon that could add £445 billion to the economy. and billionaires love buying sports teams. but apparently it's notjust an ego boost, its actually good for business. that story on business insider. and apple is taking product leaks very seriously. marketwatch reports that an engineer was fired after his daughter uploaded a video of the new iphone x to youtube. and don't forget — let's us know what you are spotting online — use the hashtag #bbcthebriefing. let's have a quick look at the markets. that's it for business briefing this hour. come out next, we will have a take on some of the news stories around t

the latest pmi data and economic growth in europe and asia. op in the early asia-pa session. the aussie dollar is gaining ground after the latest china pmi data. most in julyg the for the energy, materials and health care stocks. beach energy soaring 18%. in tokyo, we have shares mostly higher. take a look at the session today. makingseeing retailers, gains in terms of index points. they are losing ground in tokyo. as 5.4%.lling as much but we are seeing gains. yvonne: we will be watching singapore's glp after it agreed 2.8 billion to european rival gazely. >> their logistic assets are spread across the u.s., brazil and china and this adds four of markets.biggest this gives them a global footprint across the developed china'sd brazil and fastest-growing markets. >> how is this deal going to be structured? is 1.6rently there billion of the 2.8 billion is in the form of equity. it will be 1.2 billion of debt. this is essentially a property company and they say they are going to syndicate this. when the deal is completed and it is fully syndicated

asia. you can download the app or access it by bloomberg radio.com. ♪ yvonne: this is "daybreak: asia." let's talk apple. analysts have been forgiving in delays in the supply chain. a look at its key suppliers is showing a far different story. joining us is tim colton. what date are you looking in relation to the supply chain delays? are they worse than what some of the analysts might have predicted? what analysts are predicting shows a bit of a mismatch. analysts have tempered their outlook by a few percentage points. the numbers i looking at, i am looking specifically at taiwan. reports salesy numbers every month. likean look at companies foxconn come you have the chipmaker and the assembler. you look at those numbers for the last few months. down for the most recent months. 10, we will see october sales numbers. you might expect that to be week as well.- weak that is some weakness that we see that might not be reflected in analyst estimates for apple itself. one new technology is having this impact. is that the facial recognition technology? >> yes. it is the facial recognition techn

bucking the trend in asia we re mixed. bucking the trend in asia were losses mixed. bucking the trend in asia we re losses we re mixed. bucking the trend in asia were losses were right across the board. and trick or treat — we'll be getting the inside track on how one fancy dress company is cashing in on the growing appetite for halloween that will see britons spend more than ever before. as the big tech firms, facebook, google and twitter, face a grilling over russian meddling in the us election, we want to know — how much do you trust social media for news? just let us know. use the hashtag bbcbizlive. hello and welcome to business live. do get in touch with your comments. so much to get your teeth into. we are starting with facebook, twitter and google. in a few hours‘ time facebook, twitter and google‘s parent alphabet will answer questions about how their platforms were exploited during last year's us presidential election. their lawyers' testimony to congressional committees in washington could eventually lead to tighter regulation of online advertising. one exa

answered questions about puerto rico recovery efforts, the russia investigation, and the president's upcoming trip to asia. the briefing is 15 minutes. sec. sanders: hey, guys. happy friday. good afternoon. it is great to see so many family faces in here, not that that is different than normal. obviously i am referring to the children around the room. we are excited and welcome the kids of the press corps to the white house. they will love trick-or-treating in the executive office building, and i look forward to taking some questions, maybe even from some of the kids today. a couple of things to note -- yesterday was an important moment for our nation's fight against the drug addiction and opioid epidemic that has hurt so many families. by directing a nationwide health emergency to address the crisis, the president is mobilizing his entire administration to confront this issue. the president's remarks included a powerful story and set the stage for the country to unite behind this fight to save lives. in the wake of the announcement, several cabinet members and agency heads are traveling around the countr

it's also when hillary clinton wrote her essay about the pivot to asia. n beijing this on the pivot that age as containment, modern-day containment. i'm thinking at this point in time beijing what about containment. we have more information than ever before about what containment really was at its origins in 1949 and that's how, that was my original, and exchange of it. the book is, 1949 is the lead up to the korean war. and it's also about how you deal with the rising china, do you engage, confront? >> the takeover happen rather rapidly. it seems at least to the outside world we're not seeing a lot of attention seemed to come out of left field. can you walk us through like how that all kind of unfolded? >> sure. >> just give us a sense of how it happened. >> my book starts the beginning of 1949, the chinese civil war is really over. mao has won at this point and is doing kind of cleanup operations. slowly over the course of the year he is taking over beijing and in shanghai. but mao and chang kai-shek, the support been going on in one way or another for 2

relationship, namely biological, the asia-pacific regional and global issues. constantly, consequently, there has been growing tensions and new issues between washington and beijing. but in my view the general situation of these newly developing balance has been a mixture of two further parallel growing trends. that is of the strategic competition and the pragmatic cooperation. this is something unprecedented in the history in terms of relationship between two major powers. that i i regarded as a kind ofw configuration emerging. now, let me turn to the second keyword, management. observing china-u.s. relations, a relation between the two largest economies and the global actor with comprehensive power. the most prominent and the worrying development nowadays is the growing strategic competition. washington regards china's rising with its gross capacity, with its growing capacity international inference and proactive diplomacy as a major challenge to u.s. primacy in asia, and the world leadership. they indicate strong now should be tackled as peer competitor. ther

the clocks are taking, about 100 days left. are you seeing asiainquisitive about mifid ii? what are you hearing so far? >> definitely. there has been an massive uptake in activity in the last three to six months. six months ago people were saying it is a european thing, we have until 2018. people have been spending more time and money in preparation. yvonne: are they ready to comply? >> getting there. we are seeing more effort deployed, but there is still a lot of work to do and less than 100 days left. yvonne: what is the question you get asked most? we have seen a lot of european firms headquartered in the block, preparing this for years. is it different when it comes to asian firms headquartered here in asia that have operations in the u k and europe? >> the question i get most often asked is, does this really apply to me in asia and the u.s.? the answer is it does, but indirectly. for the most part it is for people regulated within europe, european day asian and brokers will be working with affiliates who are regulated in europe. because of th

anna—karinjatfors is the deputy regional director of un women in asia and the pacific.oining us. with this year's theme, how do you plan to achieve it? yes, thank you very much for this opportunity to be here. and clearly the theme of empowering girls before, during and after crisis is very relevant to us here in the asia—pacific region. because of course, we are the most disaster prone region of the world, and we have seen also growing conflict and humanitarian crisis. so we really need to do much more to empower girls to be leaders in the humanitarian response. we see that young women and girls are the most vulnerable during times of crisis. they are more than twice as likely as boys, for example, to miss school as boys, for example, to miss school asa as boys, for example, to miss school as a result of crisis. and we see very high levels of violence, of trafficking, of child marriage. but we can also turn the tide and do much more to empower young women if they have the leadership skills, if they have the leadership skills, if they have the training, the economic and

let's get the view from our reporter in brussels catherine martens as well as our asia correspondent andrea hang you both catherine let's start with you should european consumers be worried. the conflicting evidence the european member states indeed faith in providing a clear consumer. indication of whether life was and is harmful or not and this added to or it only emphasizes a feeling of consumer insecurity in europe and republish fuel civil society protests in europe as well. how's the i recall troll industry in asia reacting to the news well there is concern and nowhere in awareness about the use of legacy and its potential harm to humans but not really conclusive studies have been conducted just yet not enough to create. these there's a study. that focuses on the. apparent evidence of like to see in pregnant women on the other hand sometime last year it's high what had a clampdown on quick all its products which had traces of blood so there is concern just not quite a big enough one yet ok as far as the market goes in the asia pacific it's the biggest for glad to say i guess a ba

from the heart of asia one a one east brings captivating stories and award winning fields. as tensions on the korean peninsula remain high president trump in the box in a five nation tour to east asia november on al-jazeera. it is the inhabitants of a nation that give it its unique identity. each culture maintained and developed by the endeavors of its people in a six part series al-jazeera doe's into tunisia has rich tapestry through the prism of six extraordinary individuals. mind tunisia coming soon on a jazzier. it was an audacious bid to capture a city in the southern philippines and turn it into a province of myself. with rai left the smoking room is asia the new battlefront one on one east investigates at this time on al-jazeera.

. >> rose: the viewpoint from jarred jarred, took place at the asia society wednesday night here in new york and here is that conversation. thank you very much. it's a pleasure to be here. as he said, i'm trustee here and consider it a remarkable institution that has done a lot to further our understanding and came to know this place through our friendship with the rockefeller who loved the saudi relationship very much. it's nice to talk to the foreign minister beginning when he was ambassador to the nations and continue hearing in fact we talked here in the last two or three weeks. so mr. foreign minister, pleasure to see you again. >> good to be with you and with this distinguished audience here. >> rose: you have witnessed the events at the united nations last week. the president called iran a corrupt kick tatership, -- dictatorship, a rogue nation, said the deal with you was embarrassment. said it had no ambition, unmoved by threats and would be a pity if the iran agreement was destroyed by a rogue newcomer to the world of politics, rouhani said, and would hamper american credibilit

the u.s. soldiers and overall transparency of u.s. operations in asia where this is an endless war without band boundaries no limitations on the geography you got to tell us more currently the u.s. has about six thousand troops in africa the killings of soldiers and has prompted the pentagon to begin a full review of how the military conducts his joint missions in the continent. on al-jazeera. lots more still to come here on al-jazeera a failing grade from the u.n. as it assesses the state of education around the world plus. tension between absolute you know spain central government splits a border town in half. hello there it's rather gray and damp for many of us in japan at the moment this area of cloud is over the top of us giving us some rain but not a great deal of heavy stuff yet things are becoming more intense there when the system is popping up so we're likely to see some heavier downpours during the day on wednesday on wednesday there's also likely to be a fair amount of cloud out in the western parts well as well so we'll see that working its

is a getting translated to the asia-pacific markets? not exactly. u are seeing more red on the board then green. record highs from the s&p to the dow and nasdaq. not seeing that here. to 10th of 1%. of 1%. 2/10 of 1%.wn by on the boardtive is over here. i was checking on bloomberg what are they against for that asx 200. four of the top five are the financials for about 12 points off of this 48 right here. a good 25% of the points right there. let's head into the gmm function. i want to show you what is happening with currencies and commodities here. board, our currencies are rising above the u.s. dollar. dollar today, the u.s. did see a little bit of a strength as there was skepticism over whether the tax plan would work. we are seeing that in effect. we are seeing these currencies rising. we are seeing bond insurance pushing higher into most of these, aside from indonesia. similar with the safe havens. gold is rising about a quarter of a percent. few weekstting it a back. over to commodities. crude is down three quarters of 1%. there is some talk ab