translation: i'm not satisfied with the tsai government's administration.h mainland china. i also don't want to see war break out between the two sides of the taiwan strait. ijust hope there are opportunities to help taiwan change for the better. the people of taiwan have taught the ruling party, dpp, a lesson in democracy, and that is you can blame china all you want, and you can spread fears all you want, about potential threats to independence and democracy and sovereignty, but in the end, you have to face responsibility for your own shortcomings, and that is your inability to build long—lasting peace in taiwan that would benefit the lives of ordinary people. archaeologists have found an ancient egyptian tomb which is believed to be more than 3,000 years old. the discovery on the west bank of the nile at luxor contained two mummies encased in coffins which researchers said had been perfectly preserved. sodaba haidare reports. this ancient coffin is one of the two discovered in luxor, on the banks of the river nile. it contains the mummy of a woman, almos

thank you. >> joe tsai, vice chairman of aliba alibaba. >> starbucks sells are up.e'll talk to kevin johnson. vix is down at 18. can we get a fourth day of 1% gains? "squawk on the street" is back in a minute. st drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ >>> it is evidence of how much activities this is the treasury auction pick it has been going wild just to give you an idea of how much movement this week. 30s are up two on the day of nine on the week and a basis point away from challenging and a new four year plus high yield. look at the one week of tens, we talked about how it looks like it was wounding. volatility has kicked in but it is rounding and firming. that happens at volatile time. questionable time for equities which may not be over. it is a process. if you look at the 30 years since july of 14 which is what we are flirting with regarding of testing the limits of cycle move the third year has been real

taiwanese president tsai ing—wen announced her resignation as head of the democratic progressive partyns. the taiwanese people have reject it same—sex marriage. cindy sui reports from taipei. this is the scene sweeping across taiwan on saturday. they are celebrating an amazing comeback. the party won a majority of the 22 cities and counties, including the three most populous minister palate is. in the last two elections, it had suffered serious defeat after the ruling party spread fears that the ruling party spread fears that the south rhode island democracy could be hurt. the president stepped down as head of a party to accept full responsibility. voters said they were dissatisfied with her and her party, for the slow economy, low wages and the wealth gap but also a worsening of relations with china since coming into power in 2016. translation: i am since coming into power in 2016. translation: iam not since coming into power in 2016. translation: i am not satisfied with the government. i do not like tie when independence and do not want to see war break out. i hope the rough opportun

same time, the democratic progressive party, suffered a number of heavy defeats, prompting president tsaiof the party. deforestation in brazil's amazon region has reached its highest level in a decade, increasing by nearly 14% since last year. nearly 8,000 square kilometres of the world's largest rainforest was destroyed between august 2017 and july 2018. the french president has criticised demonstrators who clashed with police in paris during protests sparked by rising fuel prices. emmanuel macron tweeted "shame on those who attacked" officers. police used tear gas and water cannon to disperse protesters on the champs—elysees. lucy williamson reports from paris. this, a reminderfor france's president — sparks can quickly ignite into flames. the champs elysees not a tourist site today, but an unofficial battleground. protesters armed with paving stones, pushed back by tear gas, water cannon, riot police. this movement is about more than fuel prices. its supporters, tired of taxes and tired of politicians. their slogans threatening revolution. the french authorities, a joke to some. transl

cities and counties in taiwan, it is also a referendum on the current administration of president tsaidence. —— six. it is a chance for the voters to tell her and her party what they think about how they are doing, so what is for election is the mayors posts in six major cities in taiwan currently the ruling party holds for the cities but the polls are showing it could be very close race and they could lose at least one of those cities, so that could tip the balance because as you probably know, at the ruling party actually now holds not only the presidency but also the parliament. so if they lose some of these major cities, that could give these major cities, that could give the opposition party, the pro—china party, more influence in the next two years ahead in the lead up to the 2020 presidential election. south and north korea continue to ease tensions along their border, clearing mines in the demilitarized zone. but only a few years ago, the dmz was a dangerous place, with mines scattered all over the place. this is the story of sergeant first class ha jae—hyun who stepped on one

so these elections will be a good indicator on how the chinese public see how president tsai ing—wenarty, dpp, is doing. notjust on economic issues and social issues, but on the very important issue of how taiwain deals with china, mainland china, its giant neighbour. already we've seen that relations with china having seriously deteriorated last 2.5 years. china has stepped up not only military exercises around the island and prevented taiwan from participating in international organisations. it's also reduced the number of tourists coming here by as much is a0%. that's noticed in the pocketbooks of many people, and hurt the economy as well. we seen that in at least some of the races, including in southern taiwan, a dpp stronghold. this could be hotly—contested and it could be very close. cindy, why so many referendum initiatives? this looks rather unusual. well, this is very interesting, because this in an area where china is very concerned about. in the first time of taiwan being a democracy, there are so many referendum initiatives being floated on the ballots. that's because a r

president tsai ing—wen is pro—independence. is this a test for her leadership? definitely.nitely pro—independence. it has suffered bad relations with china. in the past two and a half yea rs, we've seen beijing increase military pressure, carrying out more military exercises around the island. as well as squeezing international space by preventing it from participating in international organisations. on top of that, it has cut back a number of tourists that it allows to come to taiwan. and that is the economy. so many of the voters in taiwan are quite about tensions rising and they might want to change, and that could hurt her party's chances in the election. just quickly, a poll on the name of the country for the olympics? yes. colonies people believe that they should be a will to compete under their own name, not under chinese taipei, which is the name imposed on them because of china's pressure. one of the referendum initiatives is to actually let taiwan compete under the name taiwan, but beijing will be very unhappy that passes. stay with us on bbc news. still to come:

o d i have tsay, again, i love coming here, thank you for the platform, because not only do we get towhether it is italy or france, london, kaas, the people that come up to me with tears in their eyes and tell me how meaningful the show is to them. the episode, the last episode that i dirted, the first episode that i directed, actually, was a teenager was in the show when he played a gay character on my show and after the whole entire episode he said, you know, my wh have watched that show with my parents, and i've sort of used the show as a way to tell my parents that i wasga and to show my parents that it is okay that im at different, there is nothing wrong with me. and "grey's" really helped my parents understand. and for my parents to see me as an actor getting a part on the show, you know, it has been everything. so i have to keep doing it, man. we are touching lives, and making a difference. >> ellen: yes, you are. [cheers and applause] that's fantastic. you are. all right, we will have our own auction whene come back, somebody is going to win a vip experience with ellen today a

emily: alibaba executive cochair jo e tsai. i do want to talk more about alibaba with kevin carter.hat do you make of the results today and of what is happening in the chinese economy specifically question mark kevin: i think the results are great. the company is growing above the top line. the trade wars have had a pretty significant sentiment effect on stocks in the e-commerce sector. they are down close to 35% from the year and highest to the lows this week or last week. if you put it in perspective, 54 % topline growth is incredible. there are very few companies in the world that would not feel good about growing up 50 plus percent. i know they have lowered the estimates for revenue for the full year, but if you put it in perspective, i think things are still quite strong. what joe said on the conference call this morning is how i would look at it. you have 300 million middle-class chinese consumers. that number is expected to grow to 850 million in 12 years. a 150% rise. emily: and they don't have debt like americans. kevin: yes. he touched on debt and the ability for the chine

. >>> looking at the day ahead, we'll hear from the vice chair at alibaba, joe tsai at 9:00 a.m. >>>n the economic data front, october jobs report at 8:30 a.m. eastern time, followed by factory orders at 10:00 a.m. >>> still to come on "worldwide exchange," oil in focus. prices slipping as investors brace for new iran sanctions. >>> and an earnings bonanza. tons of big-name companies reporting last night we'll break down their big moves when "worldwide exchange" returns. place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. . >>> welcome back to "worldwide exchange." looking at a possible fourth straight day of gains. s&p up 19, dow jones up 200, nasdaq up 18 joining me is alan guilder from wood mckenzie. thank you very much for joining me >> pleasure. >> let's touch on these sanctions coming into play is that priced in fully, everyone is fully aware of it in the marke

there were other crises that were, is it safe tsay, a little bit more comic? president when he choked on a pretzel and fell down. [ laughter ] >> yeah. well, so i -- yeah. [ light laughter ] he did. he did. [ light laughter ] so this was the story. >> seth: okay. >> and i never said this out for myself.e becae times were different. i wasn't a reporter then. >> seth: right. >> so he was so fit from all his running that his blood pressure was so low that choking for a minute oa pretzel laid him out. >> seth: uh-huh. >> but even in all moments like that, we never talked about the 25th amendment. anh i first read about the 2 amendment when the book "fire and fury" came out and steve bannon said, "oh, you had to protect him from the 25th --" i googled it. i didn't know what the 25th amendment was. so you have a white house now where all the people around him t.lk about the 25th amendm it's a remarkable commentary. on what the people closest to him actually see. 'cause if something looks chaotic on the outside, it's million times worse on the inside. >> seth: you re

joe tsai did tell me if the trade were were end, they would make good on that original promise to createe so -- nose jobs. scarlet: thank you, emily. if you look at how things have shaken out, first weekly gain since september and it's a global advance as well. treasury fell every day this week. on the longer dated curve and utilities were the only group among 11 to fall this week. caroline: from new york, this is bloomberg. ♪ show me movies a grinch would love. [ bark ] nu uh, i'm picking the movie tonight. [ whimpers ] be sad, i enjoy it. show me grinchy movies. oh, goody. [ whimpers ] mmm, fine! show me movies max would like. see the grinch in theaters by saying... "get grinch tickets" into your xfinity x1 voice remote. [ laughing ] uh oh. something in my throat. aroline: this is bloomberg markets: the close. i'm caroline. scarlet: and i'm scarlet. caroline: you're the bond girl. scarlet: that's right, i'm looking at bonds today and we're going back to that narrative of where's the haven? this is going to be the ongoing question and how do investors respond? >> and gold is pretty much

i hate tsay thatut loud. this is otocol. this is ocedure. this ihow the rder patl operat.hey a free to fire eir weaponat r rocthrowers theyonsiside rockthrowing projecleocket a thal weapon. they csidered be as leal as gun, sohey can turn re. and since012 -- 20, i docume in 10 ces for t us rderatrol hafired it weap into mico. as elena rriguez w stanng in soreign countrya foign coury in meco. have agrments wi mexico where not supsed to fe aponsnto thatountry. it hasappened timesince 20 and sixfhose 10 cases, we'll actuay killedeople standingn mexicaoil as wa withhe 15-ye-old. i havetood whe the boyas standi. thfence itlf isrobably0, 50eet awaynd then eence ight is obably another 60 fe, 70 feeup. stands a hilop. for a ung kid o is a ptty all b to throa rock or theence and to start riking boer patroagents islmost next to possible pole reportssued on this particular case. on the night of the incident, it appeared that there were rocks being thrown as a couple of individuals were trying to climb back over the fence into mexico. according to the report, these individuals were car

family, i could count on about 20 minutes after whatever news it was he would show up at our door tsay life of service. >> he would say don't worry for the politicians to tot. do it yourself. >> listen a little more. >> reporter: his casket arriving nme on the d of election day. >> it's our responsibility to ick up what's been dropped a carry it forward. ♪>> eporter: at a candlelight vigil his window jenny doing just that. >> though our hearts are broken, we have no regrets. >> reporr: carrying his legacy. the hero who sacrificed everything for the country he loved. >> major taylor's message so poignant in light of recent events and his messa that all of us can do better and do a little more. >> k sevens? my goodness. >> 11 months the youngest. >> wow. thank you. >>> we'll be right back. this is "today" on nbc. z31blz z10rz y31bly y10 stronger is blasting without risking her bones. it's training her good cells... to fight the bad guys. stronger is less pain... new hope... more fight. it's doing everything in your power... and everything in ours. stronger, is changing even faster than t

and by the way, we will be hearing from alibaba vice chair joe tsai he will be at 9:00 a.m.the street. >>> when we come back, apple shares down on the company's outlook. we'll bring you a bear/bull debate after this. then at 7:30 eastern time, douglas braunstein he's now making a big bet on deutsche bank and he'll join us to explain why >>> later, the october jobs report don't miss this market-moving data at 8:30 eastern time. we'll talk much more about it today. stay tuned you are watching "squawk box" here on cnbc place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> apple shares dropping this morning on the company's outlook. our next guests have differing takes. tech analyst at maxim group. and director from webbush. >> before we find out how many shares they bought back during the quarter. >> i thought i said it was a second derivative of rate growing

one thing people have pointed out and gendered a lot of wasatisfaction with tsai that she has push throughber of fairly controversial reforms. for example, pensions that have alienated the numbers of the supporters. on the other hand, she has not pushed strongly enough on things such as reforms to legalize same-sex marriage, which has probably lost her a lot of support among her own supporters. now there are 40 months to go until she stands for reelection ofpresident, in january 2020. the saturdays of election result has done nothing but re-energize the opposition. indirectly, would this have any affect, or impact, or impact -- or influence across the relations? it is important to stay very clearly that these are just local elections. things like china policy and international relations are not so much of a factor when people go to the polls in these kinds of elections. certainly, the expense on china, some people have say impact the economy and you do see fewer chinese tourists coming to taiwan. in the wake of the election one thing we are seeing is shares related to things such as constr

you have already seen the president tsai i will work with nancy pelosi. things that we can work on together, like infrastructure. we want to keep the economy booming. there are a lot of things that we can come together on. democrats are going to have to make a choice. are you going to work with this president or spend the next two years trying to thwart him with subpoenas and investigations? i think the voters will want them to legislate. that is the best thing for the american people. >> bill: ronna mcdaniel, thank you. we appreciate you coming today. please come back soon. >> sandra: meanwhile, newest reaction to the latest clash between jim acosta and the president. how the white house is responding, as critics on both sides away and on the heated exchange. how we curse will join us next. >> jim acosta has had a history, a long history of being an editorial writer in that room, not a fair questionnaire. tough questions are the jobs of white house reporters, but when he starts using that podium as the place to do it, it is wrong. welcome to the place wh