brought by the philippines, the tribunal dismissed china's historical claim to most of the south china sea. kishida also spoke about the increase in activities recent will in the east china sea. the rule of law at >> translator: it is important for the international community to work together to maintain the rule of law at sea. >> yasay expressed his willingness to work with japan to urge china to abide by international rules. >> the philippines share the same concerns expressed by the foreign minister. >> yasay said the international community must never compromise in urging china to respect maritime law. kishida later held talks with the philippine president, rodrigo duterte, who took office in june. the meeting is the first between duterte and a japanese minister. kishida told the president territorial disputes in the south china sea should be resolved peacefully according to international law. he said tokyo supports the philippines' position on the issue. kishida also discussed china's activities in the east china sea and sought the philippines' understanding for tokyo's position on that matter. duterte said the philippines will cooperate with japan to resolve

complete halt to the situation and preventative measures to improve the overall circumstances in the east china sea. >> translator: we exchanged views extensively, in particular on the east china sea, the focus of the attention. the situation is basically back to normal. >> japanese officials say wong also agreed that avoiding conflict is important and they say he showed readiness to improve his country's relationship with japan by increasing communication. and they discussed an agreement on the issue of those referred to as comfort women. he said the japanese cabinet has approved a measure to allocate $10 million to support the women. each living woman will receive $100,000 in cash, and the relatives of those who died will be granted $20,000. and he again called for the removal of a statue symbolizing the women. he was erected in front of the japanese embassy in seoul. they reaffirmed their commitment to implementing the december agreement, which says the south korean government will strive to resolve the statue issue. >>> japanese defense minister says the country's self-defense force also begin

. >>> the chinese navy has conducted a live ammunition drill in the east china sea. it was held to mark the 89th anniversary of the founding of the people's liberation army. but observers think there's more to it than that. the large scale exercises were held in a 16,000 square kilometer area of the sea on monday. the drill involved about 100 vessels and several dozen combat aircraft of two groups of participants tested sprajs and equipment and fired several different times of missiles. they say the drill is a regular military exercise, but the sea is also home to the senkaku islands, controlled by japan. the japanese government maintains the islands are an inherent part of japan's territory. championsh china and taiwan claim them. some think the drill would be a message to japan. it could be beijing's opposition to north korea. >>> the chinese navy conducted a similar drill in the south china sea a few weeks ago after the hague rejected their claims to the waters. >>> a panel of japanese experts is studying how to prepare for a terrorist bombing ahead of the 2020 gam

china sea issue, china have already declared that are not -- any internationally. can the president did any political reaction from president xi? it's on a steady increase in the east china sea in south china sea and the big move by china would be to do and proclamation. you will see it first on a mti. that would be a big move, the 4g204 china. very self-defeating and could be before the election, but we are moving largely indifferent directions picked the administration in the philippines and others are remaining calm and not to victorious about the decision in the hope to get traction going, but i hope-- he talks about the tract in the idea that rising power seems to fight and if you want to avoid that you need to agree to this new model and make concessions to china. the operations, the caliber of weapons on the chinese side are on the increase in the east china sea into the south china is she. the south china sea. you will see it first on a mti, our website. that would be a very move for china. -- andself-the feeding it could be before the -- a very .elf-defeating wisely, the philippines and others in the hope they can get some traction going. i think what pres

six fishermen are rescued by the japanese coast guard -- after their fishing boat sank in the east china sea. it happened thursday -- after their boat collided with a greek freighter. the coast guard is still searching for eight missing. three of the rescued fishermen had minor injuries. the governor of louisiana declared a state of emergency due to flash flooding expected near baton rouge today. some spots saw more than 10-inches of rain overnight. widespread showers and thunderstorms will bring heavy rain with several more inches possible. scattered rain is also expected again saturday. toss to weather until 12am for all of se wi scattered thunderstorms with locally heavy rain will continue this evening before tapering off overnight. temperatures will fall into the upper 60s by sunrise. mostly cloudy with a chance for a few high around 80. mostly sunny on sunday with a high in the low-to-mid 80s. dewpoints will drop from the upper 60s saturday into the mid thunderstorms. locally heavy rain. low: 68 dewpoint: 68 wind: ne 5-10 mph saturday: mostly cloudy with a chance for an isolated shower.

they've rescued six people after a chinese fishing boat collided with a greek cargo boat in the east china sea. japan's coast guard received a distress signal from the greek freighter courage. they rescued six members of the crew. eight others are missing. coast guard officials say they believe the fishing boat sank. no one on board the freighter was hurt. japan's foreign ministry notified the chinese authority of the effort. chinese vessels have entered japanese waters near the senkaku islands multiple times over the past week. on wednesday around 200 chinese fishing boats were spotted near where the collision occurred. an official with the u.s. state department says washington is concerned about china's activities in the region. press office director elizabeth trudeau spoke to reporters before news of the colollision. she said washington was watching the increase of chihinese coast guard v vessels n near the senk islands. she said the islands are under japanese administration and within the scope of the security treaty. >> we continue to close line monitor the situation around the senkaku is

now it's released a video showing such intrusions in the east china sea. the footage was taken by japan's coast guard earlier this month. it show a japanese patrol ship ordering chinese government vessels to leave japanese waters. it also shows the chinese fleet near the senkaku islands. japan controls the islands. the government maintains the islands are an inherent part of japan's territory. taiwan and china claim them. chinese vessels entered waters earlier this month although not in the past week. japan's foreign minister launched a protest with china's ambassador last week. besides the videos, japanese officials have also made public a record of the incursions and photos of the vessels. observers say the government's aim in releasing them is to call for restraint from beijing. >>> three students who led a pro democracy protest in 2014 in hong kong have been spared a jail term. the umbrella policy marks the most turbulent time. they led a series of rallies that sparked a more than two-month-long street protest. they demanded democratic elections. the th

the talks follow repeated entries by chinese patrol boats in the east china sea this month. japan controls the islands, the government maintains they're an inherent part of japan's territory. china and taiwan claim them. kishida is expected to launch a protest with wang, the first chinese foreign minister to visit j japan inn five years. >> translator: i want to handle pending bilateteral issues in direct b bilateral talks with china's foreign minister. i want to clearly and directltl convey japan's position to the chinese side. >> but a chinese foreign ministry spokesperson played down the significance of the proposed one-on-one meeting. >> translator: foreign minister wang yi's visit is not related to any bilateral framework with japan. >> during the tri-lateral meeting, they aree expected to discuss the ballistic missile launches of north korea and concluded a foreign trade agreement. yoshihide suga says he hopes for a successful summit between the three countries in japan this year. >>> officials in japan have reached a court mediated settlement with the sea shepherd anti

. >> in the section on china, the report cites a chinese naval vessel coming close to the islands in june. the islands in the east china sea are controlled by japan. japan maintains they are an inherent part of its territory. the report says beijing is unilaterally escalating activities around japanese waters. it calls such actions high handed and dangerous. the paper also says increased activities by chinese aircraft near the senkakus have caused japanese jet scrambles to surge. on north korea the paper points to pyongyang nuclearizing warheads. it stresses the missile programs are an imminent threat to japan and the rest of the world. the report also touches on japan's national security legislation implemented in march. it sayss it has historic imimportance and strengthens japan's alliance with the u.s. and its deterrents. >>> cloudy partly fair is the forecast for us here in tokyo where the current temperature reading is 28 degrees celsius or 82 degrees fahrenheit. jonathan oh joins us from the weather desk with the latest update starting with southern china. >> hello. yes. nida which has weakened into a tropical storm

air force sent b-52s over the east china sea after beijing tried to claim the air space. and it flew a bomber over south korea earlier this year after north korea conducted a nuclear test. but wednesday was the first time it sent all three bombers together. japan is taking steps to tighten security following north korea's launches of ballistic missiles. the government will increase staff at emergency alert centers. the j-alert systems alerts people of launches and where the missiles will fall. loud speaker systems or e-mail. a medium range missile launched by north korea on august 3rd is believed to have fallen in the exclusive economic zone. but japanese officials say they missed signs to this launch and others this year. on august 8th, the governmnment gave the self-defense forces an orderr to shoot down anyny incog missiles. officials plan to renew it every three months. and back in february, north korea tested what it believed is believed to be a long range missile. the japanese governmenent says e north has fired eight more missiles since then. >>> checking now on ma

now it's released a video showing such intrusions in the east china sea. age was taken by japan's coast guard earlier this month. it show a japanese patrol ship ordering chinese government vessels to leave japanese waters. it also shows the chinese fleet near the senkaku islands. japan controls the islands. the government maintains the islands are an inherent part of japan's territory.

it landed in the east china sea. they have launched a series of missiles in retaliation for the united nations and american military drills in the korean peninsula. >>> a man who violent said a man and woman in roanoke, virginia, we're learning the attack had no ties to isis. that's what the justice department is telling nbc news on saturday. ns in arabic as he allegedly stabbed the two people. both were seriously hurt. i told police he was hearing voices at the time of the attack. >>> only on news 4 this morning, we're hearing from the man who rose through the ranks of the d.c. police department and will soon become an interim chief. police chief peter meacham will take over for the retiring captain in november. he joined the department in 1989. he was named assistant chief in 2002. he knows the community and the police force and his priority will be to maintain a good relationship with them. >> i think our number one priority as an organization is public safety. you go out to community meetings, most of the folks in

the pentagon calls freedom. china calls it provocative. it's raised the concerns of an american ally. japan warned china it is relations between the two countries, laying claim to islands in the east china sea. the state department says the photos calling to question the president's actions. they are expected to come up when president obama visits china early next month for the start of the g-20 summit. doug? >> lucas at the pentagon tonight. >>> how much are you paying for the hundreds of regulations ordered by president barack obama? we'll tell you next. you may not like it. >>> a new report from a conservative group seeks to add dollar values to the massive amount of regulation from the obama administration. kevin corke is traveling with them and what they mean to martha's vineyard. >> reporter: it's a familiar site to americans, president obama signing major legislation into law. what you don't often see are hundreds of regulations his administration puts into effect each and every year. it's a regulation tsunami. according to the forum, since the president took office in 2009, they have issued hundreds of major regulations impacting the economy to the tune of $743 billion. while presid

a series of exercises in the east china sea are heightening the tensions with the neighbors. they said that the discussions are aimed at at improving the speed of modern warfare. ruling thater a invalidated the claim to most of the south china sea. singapore has warned the united states that credibility is on the line over the transpacific partnership. they say the reputation and asia could be an risk -- at risk. >> this has yet to be ratified by most of them. been a welcoming of the decision to focus more on the pacific. >> it is good for the region and it benefits the united states tremendously. it guarantees stability in asia pacific, which would otherwise be a troubled part of the world. more than 120 and countries. i am only got 10 with bloomberg. emirates say arab they are close to unlocking a bond sale worth $27 million. claudia, what is the latest with the deadlock? >> it has been under discussion for a long time. it seems like there is light at the end of the tunnel and we have been told that the law has been finalized by the end of the year. there is a remaining art

>> confirmed to fox news north korea has just fired a ballistic missile from a submarine in the east china sea. the launch comes during the second day of joint south korea military exercises which north korea condemns. american-led u.n. command in south korea is accusing north korea of planting land mines on the bridge that divide the two countries. until last week, there had been none in the area of the truce village of panmunjeom. north korea is not offering an explanation. >>> american soldier is dead and another wounded tonight after a roadside bombing in afghanistan. pentagon producer lucas tomlinson tells us tonight it's another example of u.s. troops who are supposed to be finished with combat operations, remaining in the kill zone. >> next week, we will be ending our combat mission in afghanistan. >> reporter: but nearly two years later, that mission seems far from over after a bomb killed a u.s. army soldier today and wounded another. the explosion took place in southern afghanistan's volatile province. six afghan soldiers were injured in the joint patrol, all taken to a u.s. base in

the summer of audi sales event is here. get up to a $5,000 bonus on select audi models. lou: china today stepping up its provocations holding a live fire exercise in the east china sea. ect of a quote people's war at sea is its navy fired dozens of missiles and torpedoes, this latest threat comes weeks after an international court rejected china's territorial claims in the south china sea. china also is set to hold joint drills and exercises with russia in the south china sea and we only have to wait until next month for that. joining us tonight former u.s. investor to the united nations american enterprise institute senior fellow john bolton, "fox news" contributor. ambassador good to have you with us. i heard not a word about the exercises from this administration and a nonexistent response, not even a tepid one. your thoughts? >> and quite remarkable in that the president was meeting today with the prime minister of singapore who was directly affected by these extraordinary chinese territorial claims in the south china sea and by the military drills a you say include not only the chinese navy that the russian navy. china's building of blue water naval capability fo

a newis developing military that will force a reset over the east china sea islands. financial times reports they have developed a missile that will complicate enemy planning and will have the longest range of any built by japan. it also reports the japan will seek funding on a budget request to be submitted next month. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. joe: "what'd you miss?" stocks climbing to fresh highs, boosted by earnings. valuation the highest more than a decade. says the pair for a downdraft as earnings season comes to a close. and also rally, you think it is time to get nervous? so, just about 4% or 5%, and that would be healthy. we had an awesome rally and a nice catalyst with earnings season. with the removal of that catalyst, we are more profitable vulnerablek -- more to pull back. itself in mysted indicators. joe: we have a chart from you indicating that momentum is fading. the momentum is down at the bottom. what is going on there? >> that chart is longer-term. mome

the u.s. since we became emaciated and we demonstrated over 220 years now. south china sea is probably the most viable commercial route ocean in the world. with china's increasing assertiveness in the eastchina sea and the south china sea, what it basically to give the president concerning how to maintain freedom of commerce on the high sea to do some reading. you think any of them are smart enough to take the advice? >> steve, can i put this one to you because he didn't so much work on this issue. >> you know, the problem with this issue but this track to u.s.-china dialogue, the problem with this issue as the united faces framed it as a freedom of navigation issue and china has framed it as a society issue i've have a number of its neighbors. the problem of framing something of a sovereignty issue is you almost made it impossible to compromise. he wants to go down in history as to your -- as having compromise strategy. so i think we have got to insist on international standards and freedom of navigation and the like what we are doing is in some sense my understanding is we fail to do this as often as we should in the south china sea and we're trying to make up for lost time. one of th

a seriesna launching of live fire exercises in the east china sea, heightening tensions with neighborsthe drills are aimed at improving intensity, precision, and speed of warfare. this comes after china's claim to most of the south china sea was invalidated. hsbc said to report second-quarter earnings. where having a look at the implications of brexit. what should we be expecting here? >> we are getting results at noon hong kong time. we are expecting a positive set , some disappointment in the recent quarter. if you want to look at consensus estimates on your bloomberg, go to the hsbc stock code. it will bring up this. we are looking at $4.5 billion in the second quarter, operating profit. billion, so14 falling from 14.9 7 billion the same time last year. net income, 3.5 billion, also coming down from that $4.25 billion last year. says capital markets and the rate environment look increasingly challenging for hsbc. they will be scrutinizing progress on cost cuts targeted by it next year and that $290 billion reduction of risk assets. targeturn on equity above 10%, depending squarely o

the blood donor app, visit redcrossblood.org, or call 1-800-red cross today. you can make a difference. >>> china today stepping up its provocations holding live fire exercises in the east china sealing for a prospect of people's war at sea as its navy fires dozens of missiles and torpedos. this comes weeks after an international court that rejected china's territorial claims in the sea. china is set to hold joint with russia. and we only have to wait weeks for that. >>> joining us tonight, senior fellow john bolton, fox news contributor. goods to have you with us. >> glad to be with you. >> i heard not a word about these exercises from this administration. a nonexistent response. your thoughts? >> quite remarkable in that the president was meeting today with the prime minister of singapore who is directly affected by these extraordinary chinese territorial claims in the south china sea and by the military drills as you say that include not only the chinese navy but the russian navy. china is building a blue water naval capability for the first time in 600 years. they're directly threatening what people have long called the first island chain that separates china's territorial wa

the south china sea. here is a depiction from a chinese source of how controlling the spratly islands group assists china's production of power. -- projection of power. in the east china sea, control of the senkaku daiyukai to threaten another island group, japan's ryukyu islands, whereas to control the spratly islands would control taiwan's axis from the south. china and russia is pitted against the united states is gaining steam. i believe it is at the end of may, china and russia held their first missile defense command post exercise. when you cooperate in missile defenses, you must immediately question whether they have also contemplated cooperation in missile offenses. in 1969, the united states signaled with its nuclear forces against former soviet union to prevent the soviet union from using nuclear weapons against china as part of ongoing order conflicts at the time. i don't think the russians have forgotten this. and the possibility, tilting against the united states with their combined nuclear forces to attack taiwan is not unrealistic. china has and russia's military exercises are increasing in number. putin has allowed for a new generation of militar

the pentagon calls freedom. china calls it provocative. it's raised the concerns of an american ally. japan warned china it is relations between the two countries, laying claim to islands in the east china seathe state department says the photos calling to question the president's actions. they are expected to come up when president obama visits china early next month for the start of the g-20 summit. doug? >> lucas at the pentagon tonight. >>> how much are you paying for the hundreds of regulations ordered by president barack obama? we'll tell you next. you may not like it. while the other guys use frozen beef from far away. wendy's only serves fresh beef from ranches close by. so we don't have to freeze it. add six strips of thick, applewood smoked bacon. and wendy's baconator isn't just different, it's deliciously different. when this busy family... ...got a cracked windshield... ...their dad went to the new safelite-dot-com... ...and scheduled a replacement... ...in just a few clicks. with safelite you don't have to miss a thing. y'all did wonderful! thank you. (girls sing) safelite repair, safelite replace. hi. hey. you're that guy from verizon who switched to sprint. i used to ask if

the south china sea is probably the most valuable commercial route, ocean in the world. with china's increasing assertiveness in the east china sea and the south china sea, what advice would you give a president concerning how to maintain freedom of commerce on the high seas while not provoking china to do something more aggressive? and do you think any of them are smart enough to take the advice? [laughter] >> a one-two. steve, can i put this one to you? because you've done so much work on this issue, and then i'll add. >> well, you know, the problem with this issue, i was at this track ii u.s./china dialogue a week ago, someone said, you know, the problem with this issue is the united states has framed it as a freedom of navigation issue. and china has framed it as a sovereignty issue. as have a number of its neighbors. and, of course, the problem of framing something as a sovereignty issue is you almost make it impossible to compromise. because who wants to go down in history as having compromised their nation's strategy? their nation's sovereignty? so i think we have got to insist on international standards and free

the eu budget last year. japan faces increasing pressure from china over disputed islands in the east china sea.efense ministry wants to develop longer-range anti-ship missiles. the prime minister abe has been boosting military spending since taking office back in 2012. canada's economy have the worst contraction since the financial crisis. wildfires put a damper on oil production and the gdp fell and annualized pay of 1.6%, exports plunged 17%. it exports of cars, metals, and consumer goods all felt. in venezuela, the political opposition will try to seize the streets of caracas with the biggest margin years and pushing for a referendum to allow maduro . wildlyhow he is unpopular and the economy is suffering with triple digit inflation. maduro is planning a counter demonstration. global news 24 hours a day, powered by more than 2600 journalists and analysts to more than 120 countries. mark: let's turn to the economy of italy. new data released today shows that the italian unemployment rate, as you can see, came down a smidgen, down from 11.6 to 11.4%. consumer prices fell on a year-over-year ba

. >>> japan's coast guard released footage of chinese vessels near disputed islands in the east china sea. chines waters near the disputed islands. the coast guard says its own vessels observed as many as 13 chinese ships. the japanese minister told the chinese ambassador the ships must leave sing their presence has escalated tensions between the countries. >>> a chinese pilot made a stop in seattle.jang poe wants to be the first person to take off from china and small -- like a small single engine plane around the world. he flew north over siberia, across the north pacific and down across alaska before 20 countries during his trip. >>> turkey continuing and nationwide crackdown. >> coming up, we will tell you how many people are being held. >>> the charges one-man is facing in connection with the >>> i'm sure it's going to be best day of summer is like in rio. >> if you start the day thinking that, hopefully it will be for you to. >> even if it doesn't end up being that way it's a good way to start the day. >> keeping a sunny disposition. >> we try. the weather is going to be awfully hot

confirmed to fox news north korea has just test fired a ballistic missile from a submarine in the east china seathe launch comes during the second day of joint south korea military exercises which north korea condemns. american-led u.n. command in south korea is accusing north korea of planting land mines on the bridge that divide the two countries. until last week, there had been none in the area of the truce village of panmunjeom. north korea is not offering an explanation. >>> american soldier is dead and another wounded tonight after a roadside bombing in afghanistan. pentagon producer lucas tomlinson tells us tonight it's another example of u.s. troops who are supposed to be finished with combat operations, remaining in the kill zone. >> next week, we will be ending our combat mission in afghanistan. >> reporter: but nearly two years later, that mission seems far from over after a bomb killed a u.s. army soldier today and wounded another. the explosion took place in southern afghanistan's volatile province. six afghan soldiers were injured in the joint patrol, all taken to a u.s. base in ne

korea says the north launched a missile from a submarine and flew over 300 miles and landed in the east china sea. north korea launched a -- an american military in the korean peninsula. >>> the justice department is telling nbc news that a violent knife attack in roanoke, virginia, has no link to isis. that's what the justice department -- on saturday witnesses say that the man who has been identified yelled in arabic as he allegedly stabbed two people. both were seriously hurt. he was hearing voices at the time of the attack. he's being held in jail on bond. >>> we're hearing from the man who rose through the ranks of the d.c. police department and will soon soon become chief. he will take over for cathy lanier retiring in november. he became assistant chief in 2002. owe knows the community and the police force and his priority will be to maintain a good relationship between the two. >> i think our number one priority as an organization is public safety. you go out to community meetings. most of the folks in those meetings are saying positive things about the metropolitan police department. >>

their fishing boat sank in the east china sea yesterday. after colliding with the sekawi island.ill searching for eight fishermen on board. the rescued fishermen were taken to medical hospital. but imagine them being stranded out. there >>> well frank and heather will join us now for the ktvu news at 5:00. >>> yeah, well-known techi is back in court and in jail. >> yeah, he lived a life of a tech ceo, but now sentence today a year behind bars. >> why the judge says that the the man is able to remain free for now following years of allegations. >>> good evening everyone i'm heather holmes in tonight for julie. >> and i'm frank somerville. a judge in san francisco has ordered a former tech ceo to serve a year in county jail and post $250,000 in bail for violating his probation. this after he was convicted of domestic violence three years ago. the ktvu tara moriarty tells us why he's still free at least for now. >> reporter: as he entered the courtroom this afternoon, the 34-year-old tech mogul was found guilty violating his probation, allegedly assaulting a woman in his penthouse i

the south china sea. here is a depiction from a chinese source of how controlling the spratly islands group assists china's production of power. -- projection of power. in the east china sea, control daiyukai toku threaten another island group, japan's real good islands -- whereas tods, control the spratly islands would control taiwan's axis from the south. china and russia is pitted against the united states is gaining steam. i believe it is at the end of held theirand russia first missile defense command post exercise. cooperate in missile must immediately question whether they have also contemplated cooperation in missile offenses. in 1969, the united states with its nuclear forces against former soviet union to prevent the soviet union from using nuclear weapons against china as part of ongoing order conflicts at the time. i don't think the russians have forgotten this. and the possibility, tilting against the united states with toir combined nuclear forces attack taiwan is not unrealistic. military and russia's exercises are increasing in number. putin has allowed for a new generation of military sales, and high technology corporation in terms of space, air

is developing a new missile that could force a reset of chinese military strategy around the disputed east china sea, according to the -- to the financial times reports the missile is designed to complicate in me planning and would have the longest range of any bill by japan. global news, 24 hours a day in more than 120 countries. i mark crumpton. this is bloomberg. it's just after 6:30 p.m. wednesday in new york. i'm joined by my colleague paul allen with a look at the markets. paul: we are 30 minutes into thursday trading over in new zealand. the index up a little, but things are expected to be flat on the nikkei and the afx later today. where expecting a lot of earnings out of australia today. energy andgin treasury among those reporting. shares in the hang seng will be closely watched in hong kong after announcing a record profit after the $8.6 billion acquisition. a lot of data out today as well. australian unemployment is expected to hold steady at 5.8%. isan's july trade balance expected to pull back a little bit to $1.8 billion on weaker still exports. china house prices also out as well. i'

the next fiscal year. japan faces pressure from china over disputed islands in the east china sea.try wants to develop longer-range anti-shipment goals. shinzo abe has been boosting military spending since taking office in 2012. riddick consumers are showing eagerness to spend after holding back in the wake of the brexit vote. the puzzle confidence index rose and the measure of how willing consumers are to make purchases also improved. making aump is surprise trip to mexico today. the republican presidential candidate will meet with mexico past president nieto. a few hours later he will speak on immigration in phoenix. in the past, he he described mexican immigrants as rapists and said that he will deport undocumented workers. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries, i am taylor riggs. tom: one and done is what we heard from vice-chairman stanley fischer today, but the real headlines are negative rates. here is my conversation, a bit of it, with the vice-chairman. er: we have learned that the central banks implementi

china sea issue, china have already declared that are not -- any internationally. can the president did any political reaction from president xi? .. it's on a steady increase in the easthina sea in south china sea and the big move by china would be to do and proclamation. you will see it first on a mti. that would be a big move, the 4g204 china. very self-defeating and could be before the election, but we are moving largely indifferent directions picked the administration in the philippines and others are remaining calm and not to victorious about the decision in the hope to get traction going, but i hope-- he talks about the tract in the idea that rising power seems to fight and if you want to avoid that you need to agree to this new model and make concessions to china. depressed" except that. the present will talk about the things amy said it will come out with essentially no resolution in my view and then it depends on how much risk he wants to take and how firmly we are about freedom of navigation operations and continuing to work with the philippines, but i think despite what he is saying his government is pre-much on the same tract and i think amy would agree wi

the g-20 comes amid tension in the east and south china seas and concerns about north korea's latest aunch. north korea says the u.s. mainland is within a range of missiles after wednesday's testfiring. , the longest distance achieved by the north so far. that's the whole of south korea within range and parts of japan. -- i amnese experts shery ahn. this is bloomberg. yousef: saudi arabia has china's biggest oil supplier but russia is inching closer to that. we get you the details on those numbers. stay tuned. this is bloomberg. ♪ yousef: let's get you some breaking numbers. let's get you those figures. revenue at 9 billion euros. yes that was for 8.9 billion euros. seeing third-quarter results on november 17. the free cash flow of 1.3 billion euros in 2016. those earnings will get you more details on those figures. two of the patents were invalidated in the u.s.. a multiple sclerosis coming up drug was challenged by two rivals who want to make generic versions of the drug. japan may be looking for its own oil company. japan is key to list some shares on the stock exchange when it goe

japan's defense ministry is seeking a record budget for the year.iscal japan facing increasing pressure from china over disputed islands the east china seadevelop shipment styles. they have boosted military spending. news 24 hours a day. this is bloomberg. >> thank you very much. theng up, we'll break latest adp numbers as investors friday's big u.s. jobs report. what will the magic number be to the fed move on rates be? this is bloomberg. ♪ ♪ >> this is "bloomberg go,." overall,e trading, softness accord the board. fortrying to eke out a gain august. weakerlittle bit of a dollar. not a lot of positions being friday excepts for dollar yen. 103.32. a.d.p. employment adding about 177,000 jobs in august. estimatedtter than coming at 177,000 jobs for august. i should point out also that up to 194,000,d so if this is any indication of expect on friday, this points to again, a solid picture here in the u.s. almost 200,000 jobs according to in july.ded 177,000 jobs added in august. but notlooks solid, massive millions reactions. year yields in u.s. still staying one basis point higher. still towards movement we've seen this month. bonds have ha

we have great difficult these with china and the you went and great difficulties operationally with a steadily increasing show of force in the south china sea and east china sea. and then the tpp. i am certain that the president will say, publicly and privately, that he is committed duckssing tpp in the lame congress. most experts would say it is a long shot. i certainly hope he succeeds. i think the next president will have a very hard time getting back to tpp quickly. the good news is the agreement will probably be ratified in the fall and will hold in australia, vietnam, and elsewhere. you would suffer a hit in terms of credibility and reputation without tpp, but i think we have a couple years to recover because the region generally wants it. the last one, north korea. all i can say about north korea is no president has handed to his successor a better situation with north korea. kim jong-un may not remain quiet while the world's attention is on the part of the world. let me turn it over to matt. goodman: ok, from the sublime to the ridiculous. i will do the g20. so the group of 20 summit will be held in china on september 4 and sent to her five,

and how would development of this change the situation in the south china sea in the east china's? >> is a first generation low observable pilot, it is a more relevant comparison. technologyeneration was reasonable one-for-one comparison because it was a platform centric discussion. i had a switch creatively named the stuff switch. and when i pushed it, all of my radios turned off. is, it was single domain and a closed system and a sequential way of applying airpower because i was going to be out in front. f-35 is a completely different mindset. it starts talking in the network before the pilot times the latter. it starts comparing information and placing symbology replicated in the displays but across the network of everyone it has joined. so when we apply fifth it's noon technology, longer about a platform. it's about a family of systems and that gives us an asymmetric advantage. almost an irrelevant comparison because you have to think about a network versus a network. it's his combat in the information age. you will see us focusing far more on the family of the stems and how we

we are engaged in the middle east and facing escalating threats and eastern europe and the south china sea. i was not sure it was the right move in this strategic environment. after meeting with general nicholson, the american general who was commanding the nato mission in afghanistan, i feel very confident that this was absolutely the right call to make. afghanistan is facing a resurgence of terrorist elements that are threatening the gains we have made over the past decade by expanding the ability to defeat the taliban and al qaeda and isis threats as well. we are preventing afghanistan from once again becoming a strong hold of transnational terrorism. the president has obligation to inform the american people about the burden that they will have to bear in war, including expectation for when the war will actually end. i've always called for this, but situations change fast as we know and the last thing we want is to leave a mission half finished alone major threat to take a hold once again. i want to be clear for my republican colleagues, our partnership with nato cannot be questioned.

the middle east and across the world. i mean we didn't talk today about china and the south china sea. we didn't talk about north korean threats. we didn't talk about russia too much, about their resurgence in the middle east and beyond. so there are real challenges for the next american president out there. melissa: last eight years have made it a lot harder out there in the rest of the world for america to make its way to do deals. peter, thanks for that.>> thank. david: makes you wonder why anybody would want the job. green across the screen. major averages ending the day in positive territory. nasdaq and s&p 500 hitting record highs during the trading day. but they couldn't quite manage to hold on to the records at the close. melissa. melissa: ryan lochte still in hot water. the u.s. swimmer watching his sponsorships dry up. how much did his bad behavior actually cost him in dollars? we're going to break it down. david: ka-ching. plus the clinton foundation under fire. a new report showing overlaps between meetings with hillary clinton as secretary of state with donors of the clinto

the rise of china? do they embrace it? >> guest: i think they embraced it initially but now they are looking at it with great nervousness because of china's moves are more aggressive in the east asian seas. you cannot help but wonder what is going to happen on the horizon and chinese policy is dictated more. it is all tip toeing around. >> host: do you get the sense this is about your experience as a writer in china. did you encounter any obstacles in the course of writing the book? >> guest: one location i was detained for a while on one occasion and another occasion where the public security chased by car but i am fortunate because i have a foreign pass port and that protected me. i wish i could say the same for other activists and writers who tried to explore the issue. >> you spent a lot of time in the united states and asia. one of the interesting puzzles we face is what is going to happen between the united states and china. for a long time, a lot of us persumed because of technology and the march of time we would become more like each other. do you think that is true? if it isn't true what is happening you think today? >> well, basically because china's rising, then the almost by