he joins us from singapore. brian, great to see you.et's start by looking at these number and what they manage to do in their latest quarter. these were very, very strong numbers, no matter how you cut them. brian: yep, absolutely. if you look at the historical data and all the activity behind that iphone, it is a tremendous amount of momentum. the worry is where the company goes forward from here, especially as you pointed out, in the upcoming quarter. are they finally starting to see a contraction? rishaad: right. that is just is -- is that anything to worry about? candy reclaim the momentum, or is it gone forever? -- can they reclaim the momentum? brian: on paper it is. you can't blame investors were getting worried. you look at macroeconomic headwinds, the smartphone economic market maturing and stabilizing. apple saying that next market is going to be -- next quarter is going to be worse. it is not as bad as it seems. if you peel the layers of the onion, there are some things to keep in mind. the year on year comparisons are abnorm

joining us from singapore is the pacific managing director of the risk consulting firm.t is great to talk to you. you are suggesting that things are not as bad as they seem, but a lot of people out there think that things are worse than it seems. takehing is, why do you the air off full blast version? guest: good morning. thanks for having me. the return picture looks a lot worse than the risk picture, and we tend to look at the risk which are a lot because it is part of our business. you go in since november, since the fed ruled that 2016 would be more volatile than 2015, you have geopolitical risks that you do not have in 2015, you have the dispersion across central bank monetary policy, you have oil prices that are falling again and worries about china's slowdown, all of these things are impounding to make 2016 a risk year. a lot of people wanted to do risk their portfolios since november, and that kind of tilted the balance between risk investors -- risk in burst -- risk in verse investors and risk tolerant investors. the thing is, has the risk cycle essentially. ? -

and a reporter joins us from singapore to give us more analysis.ell us about the government measures that have helped it creep back into positive territory, as i mentioned there? reporter: first, if you notice, this is thanks to some shares bought using some state backed funds. secondly, the china central bank has announced it will pump in $19.9 billion worth of short-term funds into the country's financial system, and thirdly, the stock market regulator has come for to ensure investors that more guidelines will be announced about the selling by stockholders. phil: ok, back in the summer when the ban was announced, more selling could be in the pipeline? reporter: it has already happened. investors lost confidence in how china is going to stabilize the markets. but the ban is not the only reason for the sellout. other concerns are about liquidity, even in action on stimulus plans that were put in place, so this looks like it could be a prolonged situation. phil: what is the government telling the people? because this is not just about the trust of f

joining us from singapore. why a lazy airlines is asking passengers to help lighten the load.ore on that after this. ♪ rishaad: you are watching "trending business". i am rishaad salamat. be prepared to travel light when you fly with malaysia airlines. the carrier has banned carry-on luggage. headwinds,cing aren't they? that is what they are blaming everything on, right? >> that's right. unusual, so it is taking the unusual step to ban bags on flights to paris and amsterdam. days,s the ban is for two the fifth and six of january. it is now taking longer roots to tes afterter -- rou one of its planes was shot down over ukraine. parisiple seven 200 to takes 15 hours. 80, 13.5l flies the a3 hours. it takes a more direct route. with the headwinds, longer it doesn't need the additional weight from check in bags. seven kilos maximum hand carry for economy. 14 kilos for business and first class. you can still check your bag, but it will be on another flight, arriving at another time, sent to you as soon as possible. you may have your bags offloaded as well. rishaad: tell me something

if you're just joining us, sri comes at us from singapore. just tell us what the market reaction was, what do viewers need to know if they're just joining? >> well, it was unequivocally positive response from the markets. very, very market friendly. it was quite choppy for the nikkei, though, in the beginning because of the immediate aftermath of that headline. negative interest rate policy adopted by the boj. we did see the market run up. we saw dollar-yen off to the races, a spike above 1.21. then there was a bit of a rethink. the market thought, hang on a minute, this was aggressive, but was it aggressive enough? so we saw some selling on the nikkei. we were at negative territory at one point. similar story for the doll dollar-yen. there is a sense that mr. kuroda is running out of road here, and it's interesting to note that the boj did not expand the pace of asset purchases beyond 80 trillion yen a year. that's an important point to bear in mind. the other factor here is that there are implications for the banks because they now have to p

sri joins us from singapore with the latest. >> yeah, nancy. we started off the day on a stable note. there's a degree of composure and all of that evaporated. we saw a flurry of selling in the north asian markets. we were down by more than 3%. this despite the fact that the pboc injected a big wad of liquidity into the system. so consider that. also consider the disconcerting fact that a lot of these very magnified down side moves are happening in the mature and developed markets as well and most notably the nikkei 225 pushing further and deeper into bear market territory and the nikkei lost around 1,000 points in the course of the past two trading sessions. yes there's a lot of uncertainty over the direction of the yen. the policy makers are not happy about too strong a yen and there's a lot of uncertainty about what the boj is going to do on the 29th. are they going to come to the party? but what these markets seem to want is a positive catalyst. is it going to come from the central banks? are they going to deliver it in the form of more eas

sri joins us from singapore with the round up. less than 30 minute trading day in china, sri. >> well, it was actually 15 minutes because about a quarter of an hour off that, 29 minutes to be precise was actually the first trading halt after that 5% intraday slide was triggered. anyway, that's by the by and i think this raises multiple issues here. the first one is the chinese currency. clear depreciation on the yuan and at the lowest level in almost five years. so this is the negative feedback loop. this is really central in my mind and i think what really spooks the market is that the weaker currency is really highlighting and underscoring perhaps a deeper than expected malaise in the broader chinese economy. the other factor here is that to be fair this is an evolving capital market. policies evolving as well. the regulations are evolving with them and what this week has told us so far that is that the circuit breaker mechanism does need to be refined. it does need to be fine tuned. let's face it. it is counter productive. it's

sri joins us from singapore with a round up of what happened.ri. >> hi, it's quite a stunning session over the course of the asian trading day. extraordinary reversal because we started off the morning in reasonably good form and then it just turned lower we saw this selling in the afternoon session in the asian indices and speaks to what you and sarah were talking about earlier. this correlation between oil and the major indices was very, very strong. very tight at the moment. nikkei 225 now dropped a thousand points over the past two trading sessions. off by 2.4%. so deeper into bear market territory. a lot of uncertainty over the bank of japan. mixed signals coming from then on the policy front. they meet on january 29th. elsewhere, china markets, we saw a big wad of liquidity. hasn't calmed the nerves of the shanghai composite. all the broader markets in mainland china and stresses on the hong kong market. so what these markets need out here is a positive catalyst whether it's going to come from the ecb next week or the boj. after that is th

sri joins us from singapore. the numbers could have been a lot worse, huh? >> yeah but we jiggle the mouse and press control alt delete and reboot it successfully the chinese stock market all in one day. shanghai composite crossed 3,000 at the close. we're up by 3.25%. the blue chip csi 300 up by 3% as well. so once again we're back in this where seemingly bad news is good news. the bad news was the economic data. q-4 gdp. 6.8% on year meets forecasts but the lowest rate of growth since the financial crisis. 6.9%. the worst rates of growth in almost 25 years so everybody is front running the idea of more stimulus i don't think anything changed in the markets. it's about sentiment and not necessarily fundamentals and the stock market regulators. so a number of issues are still there. this volatility hasn't gone away but a relief rally in the here and now on the back of the gdp numbers. back to you. >> good to see you. thank you very much. see you soon again. >> we need to rethink our economic models in light of the current market you are the toil. that's the

host: thank you for joining us from singapore. >> stories making headlines around the world. near pakistan. seven troopers have died and four militants have. pakistan denounced the raid and said they are committed to working with india. readings were at least eight times over the international levels accepted over the weekend. hits 480. shanghai is reported to be moderately polluted today. preparing a weapons test. south should not do anything to harm the negotiations in these talks. tone,ore conciliatory they talked about more. for the shanghai market, down in the past few minutes and we have no reason that it happened that suddenly. we have a confirmation of the and it continued with and the service industries. more for you when we get it. up next, the new year's channeling demand in 2016. ♪ >> we have a look at the new year's resolution. zuckerberg is an over achiever with new year's resolutions. those? we do not know yet. create artificial intelligence. he is posting these on his facebook page and says that he wants the artificial intelligence robot to help him at work an

joining us now from singapore. judith, your reaction to the events in jakarta?it is extremely surprising that an attack like this has happened, particularly given the level of vigilance and warnings put out in december by the indonesian security forces given that they appear to have been mon organize the situation it's surprise thasurprising that an f this scale has taken place specifically the so 5 50 indication of how coordinated the attacks have been. >> pry do you say it's surprising inasmuch as if the security forces were react to their intelligent gathering? the information that they had on the table, why is it surprise that go somebody managed to carry this off? >> well, the indonesian an security forces have actually been very good over the last few years in keeping vigilant and keeping attacks almost nonexistence in jakarta. the last time an attack like this took place was in 2009 at the ritz carlton and marian bombings. >> not wish to go put boards words in to your mouth, we have no claim of responsibility. in that sense it's the same as istanbul earli

tony nash joining us from singapore. , we have a look at its plans.ext. ♪ rishaad: this is "trending business," coming to you live from hong kong, streaming on bloomberg.com, as well as your mobile device. of self the forefront driving vehicles. it is a crowded field, however. expecting electric cars to drive across the u.s. in as few as two years time from now. what is baidu doing here? >> they are hoping to put these cars in 10 china cities within three years. this year, they want to have people try them out in a closed environment. the senior vice president is saying that, in the last three months, he has been working with china's leading electric system. to install the this is a software package that incorporates technologies for driving, observing the environment, and decision-making. he says he is confident that china will be able to lead in the area of intelligent cars. take a look at what he says. >> chinese carmakers started making cars 100 years after others. with electric cars, intelligent cars, the core technology shifts from the engine to

from singapore. good to see you. tell us how much was lost and who was hit. >> hello. it was a tough day in the markets with the factory data and the tensions. worldchest people in the buffett,gates, warren lost a $.7e of those billion in a day. the worst of all was jeff bezos, losing 3.7 yesterday and it is a lot. i do not think you will fret and he will gain about $30 billion. i think he is pretty good. >> alike the net effect. -- i liked the mets effect. is there an increase? his wealthwn and is a relatively small some. and people lost on monday. pretty brutal. >> thank you for joining us there from singapore. the stumbling stocks as the u.s. economy in good shape with the future rate rising. >> the path to rate increases is consistent with my view of the outlook of the economy and my forecast is for this to be between 2.5 and three quarters in the next year. >> higgins is with us. let's look at the rates again and we heard the officials early. how many rate hikes do you factor into the end of the cycle? >> not many. not many. it is a little bit of a holiday malaise

joining us from singapore is it managing director, janice lee.nched it three month ago in hong kong. now you are rolling it out to singapore and malaysia. why? janice lee: thank you. good morning. angie: good morning. janice lee -- angie: tell me why now -- especially in the shadow of southeastpansion into asia and much of asia, except for china, it feels a little bit like you are david against netflix's goliath. lee: first of all i think the glowing -- growing online consumption of consumers in asia is certainly grabbing the attention of a lot of players, including global players. i think it does demonstrate the potential and demand we see in the region. more important, i think asia is really a collective of very diverse sets of market conditions in landscape. the online bandwidth availability, mobile data availability, the language in --.ons at required options required our focus is to build a service that is relevant and accessible to unit -- users in different bandwidth conditions across these different markets. angie: are you saying that wil

sri in singapore for us this morning. breaking news from the institute of international finance. the iif reporting $735 billion was yanked out of emerging markets last year up sharply from 2004. the image tells the story. this is capital outflows. basically financial assets pulled out of emerging markets. they always track this. they have a global picture for the year. the last one just before the line is what happened in 2015 with all the concerns about slower growth and commodities hitting the economies. about all the money coming out and past the line there on the right is the forecast for 2016 which is they predict it's not going to get better. they call this an unusual gloomy picture of emerging market capital flows. the countries are brazil, south africa and turkey but a big part of the outflow story for 2015 is china. $676 billion in capital outflows. in 2015. this past year, 676 billion in capital outflows which was a majority of the total emerging market flows. >> it's such a crucial factor for global growth as well. we obviously talked about how interest rates going up

we have delicacies that hail from singapore but they've been put together in las vegas for us. >> for the hottest restaurant with a huge reputation. flock and foul. >> where is flock and foul located? >> right there in the strip. little tiny place. it is a favorite. they decided to bring chinning, a dish he discovered in singapore. that is fried chicken bowl. it's all about food most foul and he does it better than anyone. this is poached chicken that is something you have to eat to believe. it looks like chicken with rise but they do the rise with chicken fat. every chef in town as gone to flock and foul. i wore my turkey bow tie. >> i was going to ask what is up with that? >> i had to do something foul. i wore my turkey bow tie. it's a big hit with this restaurant. it's incredibly inexpensive. it's healthy, tasty and not very expensive. find the restaurants where all the chefs eat in town. thank you very much for that. >> we love flock and foul very much. sunday i'm going to be hosting in search of israeli. anyone who wants to see me talk about israeli food at the food festival. >>

us what you brought here. it smells delicious. >> tours around the world with an indian flare. important thing is the drink. lemon cello and a -- chile singapore crab inspired from 'creme. to the market with your father? dad had a scooter and a sunday tradition would be us going to the farmers market. and it used to be amazing h and every vendor and had a relationship with each and every vender and my dad would say the same joke every sunday. the potatoes and onions. and he would tell my dad should i pack five for you and myuld be like i'm not cooking for her wedding. same but such endearing memories. >> you kid hotel management. what made you cross over. love. my parents say i was born with a ladle in my in india to become a chef you have to do hotel administration. and that is what i did. they asked what i want too do next and i asked any instructoris the best institute to go to in the entire world and without batting an eyelid he said the culinary institute of america. and iame here and when i came over here i was so fascinated with the fact that the perception of indian food was so different in america than it is in india. so that is where the journey into i

us she has gotten death threats because of it. >>> longest flight ever to take off from the united states will depart from san francisco. united airlines announced the first nonstop flight between sfo and singaporeit's a 16-hour marathon trip that will cover more than 8,000 miles but the boeing 787 will provide complementary food, drinks, also some entertainment to help travelers keep their cool while en route. the flight begins june 1. >>> it is 4:57. pulling out all the stops for the super bowl. next a preview of what it will take to relight the bay bridge lights for good. >> reporter: and a high surf advisory on top of a state of emergency. we'll take a look at the crumbling state of the pacific coast. ,,,,,,,,,,,,,,,, >>> a live look at the bay bridge this morning. good morning. it's friday, january 29. tomorrow night we're going to have a big ceremony and the bay bridge lights will turn back on. >> big party. all kicks off tomorrow. we're looking forward to that. we are only nine days away from super bowl 50 and get ready for a lot of visitors i guess. and we got a little traffic and weather out of the gate here. we have gianna over here and roberta with nothing but rain today, huh? >> i th

from all-time high. blue chips in singapore, the world's leading the rainmaker expected to be hit by news from the other side of the world. do, heidi will a tell us equity position right now. much of the way to the brain of the region. the philippines, manila on track. 7/10 of 1%. a little bit of a bounce into the grains for shanghai. up and down by 1.27%. substantially less selloff on the chinese markets. we weree halved -- about 10 points away from a market.l bear confirming the story reported earlier, it would be implementing the rrr ratio requirement for offshore accounts. this is not expected to affect domestic liquidity. does not apply to central banks. using a monetary tools to maintain liquidity. going to get that liquidity squeeze anyway. look at how offshore is trading. giving back some gains. up about a half percent, -- see ny looking flat earlier. strengthening that for the morning range. december 21, 0.7 percent. out one to i go quickly check oil prices. sitting close to $28 a barrel mark. no change in fundamentals. the iran supply coming back online is putting oil barrels back into the market. >> china stimulus beginning to pay divi

cosby climbing a third of 1% higher, and singapore starts ing in just over 15 minutes from now, and that's what it looks like there. .hat's it thanks for joining usding business" coming up next, and we have a look at what is coming up. >> this is what it's all about. bottom of the hour, china, hong kong, coming on strong. of a reliefen a bit rally take place. we are looking at that. and foreign exchanges are very much at the four. -- fore. the dollar bull run has not been as they are predicting. yen, of course, the haven play they are talking about. and looking at social media, on twitter itself is rupert murdoch , interested in buying all or part of it. we will ask if that will go in the way of when he bought myspace. ♪ just tooes, it is cold to do a good cold opening. candidatescover for here in new hampshire. in a moment, we will have hot and fresh poll numbers from the state. before we unpack that showcase showdown, it is time for bubba. bill clinton was back in new hampshire, stumping for hillary. blasting republicans for negative politics, and talking about eating dunkin' donuts. bill

angie: that is you in singapore, us, we have to take a ferry. at the end of the day, fromrstand, it is a strategy to get smaller, less known studios and fitness gyms and things to a wider market. presumably they are not doing well -- they need your help. this is why they are signing up to you, right? locali would say a lot of retailers, right -- especially those in fitness have a lot of set capacity. whether they own a studio, a pilates class, the utilization rate ranges from 30% to 50% for most partners. there is a lot of capacity we can accommodate. in gyms they have a fixed asset of the facilities. i think it is a great platform for them to get customers. the way we look at it is it is coupled injury to their current business. so if they set it up, they can reach out to more people. angie: how credible the expect k fit to be in terms of sustainability without the bigims -- without the gyms. joel: we have different partnerships with selected studios. most of the studios in the city are on board. for example, in malaysia and singapore we are working with some of the large

singapore, thailand, yeah. oh, botswana too. yeah, we're going global, i tell you. everyone wants these little ink jars. >> from the beginning, the us has had trade agreements with other countries. the main reason for this is that even with our huge productive economy, there's no way that we can efficiently produce this country needs. >> as a result, things that you and i use every day come from all over the place. >> stuff we buy from companies and organizations in other countries and we bring here to use are called imports. >> we import hundreds of billions of dollars of stuff every year. >> not only do we import things that you and i might buy at the store, but we also import things for industry-- things like machines or equipment or materials, you know, like metal and oil that we can use to make things. it's like our country's shopping on a market that's global. it's... oh, what's it called? the... no, no, no, don't tell me. it's... it'll come. >> import, export, import export, import, export, import, ess... >> oh, do you know the muffin man the muffin man the muffin man oh, do you know the muffin man that lives in drury lane? >

us on the radio. for now, sayonara. ♪ rishaad: it's friday, the 22nd of january. you are watching "trending business." ♪ rishaad: we are going to be dropping in singapore this hour. stocks rallied frommulus sparking a surge in shares. oil is nearing the $30 a barrel level. china is being relentlessly upbeat at the world economic forum, the vice president saying that the economic overhaul is taking hold, and he is confident in remaking a global growth engine. some beg to differ. a hard landing is not just unavoidable, it is already happening. let us know what you think of our top stories. just follow me on twitter. that is my handle, a #is there -- a hashtag is there as well. greece has a second attempt of a relief rally. perhaps it is happening better today, heidi? yeah, hopefully we can hang onto these gains, because right about this time yesterday was when things started turning foul. the aussieare seeing and the kiwi extending gains, hanging on to pretty healthy gains there. the nikkei 225

us what you brought here. it smells delicious. an indian flare. the most important thing is the drink. lemon cello and a -- chile singapore crab inspired from brazil and from france port au 'creme. >> and on sundays you would go to the market with your father? >> in india my dad had a scooter and a sunday tradition would be us going to the farmers market. and it used to be amazing beuse we knew each and every vendor and had a relationship with each and every vender and my dad would say the same joke we'd go to get the potatoes and onions. and he would tell my dad should i pack five for you and my dad would be like i'm not cooking for her wedding. same joke, same answer. but such endearing memories. >> you k hotel management. what made you cross over. >> cooking was always my first love. my parents say i w w born with a ladle in my hand. and in india to become a chef you have to do hotel administration. and that is what i did. when i was in school over there they asked what i want too do next and i asked any instructor which is the best institute to go to in the entire world and without batting an eyelid he said the culinary institute of and

from the head of the tokyo stock exchange. just waiting for that opening bell. singapore futures showing eight downturn. welcome to the stock exchange. our intrepid reporters are here to tell usre going to be making headlines. roz: that company is the second-biggest life insurer. that is how the company did, up nearly 13%. it said it didn't revises forecast. a little bit concerned about market volatility. the federal reserve is raising rates. we can look ahead to its neck announcement in february. it may raise the forecast at that point. david: i had a fantastic run last year. the death rate in japan will have a big impact on the insurance market. convenience store chain in the metropolitan area. spike was on news that its capital line was tied in. the twofor from companies that they're probably pushing back this alliance. cutting their full-year forecast and they're not expecting a loss. juliet: over the last couple of months this company has not done very well. talking about toshiba. we actually saw toshiba have a massive spike on a report that the medical unit may be up for sale. hitachi is believed to be making a bid for it. we will see that upside haidi: you are looking