and weakenjust and weaken just quickly have a look at the light pictures in wellington.e royal watches, as you can see. and the camera crew is wobbling around. they we go. you can see them. harry and meghan shaking hands and saying hello to the crowds, just in the last 20 minutes or so, as we mentioned, they did lay a wreath at the tomb of the unknown soldier at the tomb of the unknown soldier at the national war memorial in wellington, and since then, they have been carrying on their walkabout and meeting crowds there in wellington. it is 4:27am. let‘s get the weather. good morning. well, saturday was certainly a shock to the system, wasn‘t it? cold for all of us, but really it was a day of mixed fortunes, because for some there were beautiful spells of sunshine. a beautiful weather watchers picture sent in from keswick in cumbria. however, if you were caught under the showers, it was miserable. frequent showers in the north—east of scotland, some of them wintry to higher ground. frequent showers running in across the yorkshire coast, lincolnshire, east anglia, the midl

that is the fed wellington certainly when. well certainly i mean when interest rates are increasing then it can be a damper on the economy and actually that is also one reason why the fed increases interest rates to prevent an overheating of the economy or to prevent inflation getting out of target the so in that respect the president is not entirely false but the big question is not that the federal reserve is increasing interest rates where why and one big reason are the huge tax cuts from u.s. president donald trump that just would lead to inflation tendencies i'm here in the united states so he's not entirely wrong but actually he's the one who sort of put the federal reserve under pressure to keep interest rates rising so fears of an overheated economy there are there for us in new york thank you yes. more bad numbers for germany's biggest lender reporting a sixty five percent drop in your on your profit for the third quarter leadership says it needs time to right the ship but investors remain impatient and bank shares ha

in new zealand the outcome for all were greeted with a traditional dance after touching down in wellington on the final leg of their pacific tour of their schedule includes visiting a hatchery for a new zealand that national bird the key week and taking part in a traditional rubber boot throwing competition now a summit on finding a way to end this seven year civil war in syria has called for a constitutional reform and fresh elections meeting in istanbul the leaders of turkey russia germany and france also said that a truce around the rebel held province of live should be extended but that truce has repeatedly been violated and it's still a long way before peace takes hold on the ground in syria. first you see them then you hear them. syrian government rocket fire rains down on the town of kufa hama this is supposed to be a person. on the ground white helmets wage war against the rubble and their search for life. and the end they can only pray five year old girl from what was once her house just the latest victim in this long unforgiving war. well the million dollar. it's against the back

wellington trading underway for an hour. we see declines down .1% which could see the anz 50 fall. traders may be bracing for pain after we saw hong kong stocks cap the worst week since february, and we are gauging reaction to the rrr cut and pmi data from last week. elections, welian are keeping an eye on the mexican peso which is a low 19 -- below against the dollar. the brazilian reality had its best week since march 2016. it has pretty much recovered the losses over the past few months. getting close to the 377 handle against the dollar. haidi: let's get to first word news with haslinda amin. arabia filled a pledge to offset oil losses due to u.s. sanctions on iran. the kingdom will produce more crude to offset any shortages which washington's measures could affect. president trump continues to attack opec for high oil prices and has demanded action to bring the costs down. president trump hopes to meet kim jong-un soon after mike pompeo reported progress in talks in pyongyang. he said tim agreed to hold a second -- kim agreed to hold a second summit as soon as possible are the

megan in new zealand the royal couple were greeted with a traditional dance after touching down in wellington on the final leg of their pacific tour their schedule includes visiting a hatchery for a new zealand national bird to the kiwi and taking part in a traditional rubber boot throwing competition. well the owner of the u.k.'s leicester city soccer park club. was among those on board a helicopter that crashed outside the club stadium on saturday night that's according to the b.b.c. which was quoting a source close to his family and the reuters news agency has also cited a source close to the club who said that the others on board were visualised daughter two pilots and as yet unidentified person the accident occurred an hour after leicester's game against west ham united had ended. well for the very latest on the story i'm joined now from by only one who talkie from sports who's been following the story so alina it seems that people's worst fears have now been confirmed what more can you tell us about what's happened what we according to the b.b.c. envoy to his and a few other news agenci

meghan in new zealand the old couple were greeted with a traditional dance after touching down in wellington on the final leg of their pacific tour of their schedule includes visiting a hatchery for a new zealand national bird of the kiwi and taking part in a traditional rubber boot throwing competition. a helicopter believed to be carrying vision history what ana provide the owner of leicester city football club crashed outside the club stadium on saturday night the accident occurred an hour after leicester's game against west ham united had ended there still been no confirmation that it was on who are from the club or from king power which is the duty free shopping company he owns the identity of the pilot and other passengers is likewise still. talking from d.w. sports has been following this developing story for us and she joins me now for the latest so what more can you tell us about what happened last night so at the moment there's been really no new developments what we do know is that the helicopter belonged to the. a but we don't know if he was on a saw but we do know is that the us

harry and meghan will visit wellington and auckland over the next four days, where they will lay a wreathr. 0ur royal correspondentjonny dymond has been following the couple and has just sent this report. well, here outside the national war memorial, the response you can see has been enthusiastic to the couple. they have been in the country for a couple of hours and were greeted by the prime minister at the airport and then they made their way to the governor general‘s residents and thatis governor general‘s residents and that is the queen's representative in new zealand. there was a traditional welcome, a hungi and then a bloodcurdling haka. then a more traditional welcome from the armed forces that where prince harry made into a down the line of the military and inspected the guard of honour lost the band played. then came to the national war memorial and laid a wreath while the last post was played. any moment now, they will come out and make a walkabout with the thousands who have come out here on a rather chilly sunday afternoon to have if they are lucky, a chat with the royal couple

how did he beat the british who just defeated the french and took down napolean, and wellington invincible with the ones over. they were fighting it. the -- this group is going to churn up jackson's guys instead they got stopped and america said who is at stake? the british is going to stop america from growing past the mississippi. they started as a threat. not the eventually ally we would be. we would never be invaded again. the rest of the world would know america was not any experiment, america was for real. i'm paraphrasing what jefferson said, who was a retired president at the time.t not a fan of jackson, he said this was a victory and it a message to the rest of the world america's not going anywhere. jackson saw we were right about nothing's stopping us now and you have to know we're playing ahead head. the midwest, jackson over saw in his days at president it wouldn't have happened without noalz. when he got under his skin, from doing the tour people would ask, you don't have to fight the war it was a big deal and when jackson was asked at the 25 mark they said what do you think

harry and meghan will visit wellington and auckland over the next four days, where they will lay a wreathouple, who are expecting their first child, have already visited australia, fiji and tonga on their first official tour. she might be the oldest person in the world butjulia flores hasn't tired of blowing out her birthday candles just yet. the 118—year—old celebrated her birthday with live music, cake and herfavourite pasta dish. ms flores is from bolivia and was thrown a party in her honour at city hall where she was given a certificate recognising her long life. her family is hoping she will now secure her place in the guinness book of world records. more now on our top story — that helicopter crash at leicester city football club. the aircraft belonged to the club's owner and came down about an hour after the game against west ham last night. we're joined by matt davis, from the foxes trust, which is a leicester city supporters' group. no official confirmation yet but a source has told the bbc vichai srivaddhanaprabh, was on board — this is shocking isn't it 7 devastating is not the

many in new zealand, including members of the government here in the country's capital wellington, believetation policy, separating families and exiling people is draconian and inhumane. the country's minister of justice, andrew little, is an outspoken critic. new zealanders, they don't like what they are seeing, they don't think it is right, they don't think it is fair. and they certainly want the government to be letting australia know what we think is right and wrong about this, and we are doing that. are you concerned that australia is breaching human rights? i think if you look at the international agreements, the un conventions that cover this sort of thing, i don't think that is consistent, and what is happening is consistent with those un conventions. new zealanders on average contribute a huge amount to australia, new zealanders go there to work hard and sometimes they play hard, and they expect their aussie cousins to give them a fair go. many are seeing that at the moment they are not getting a fair go. for decades australians and new zealanders have had the reciprocal right to

harry and meghan will visit wellington and auckland over the next four days, where they will lay a wreathalready visited australia, fiji and tonga on their first official tour. 0ur royal correspondewntjonny dymond has been travelling with the royal couple. well, here outside the national war memorial, the response, you can see, has been enthusiastic to the couple. they have been in the country for a couple of hours and were greeted by the prime minister at the airport and then they made their way to the governor general‘s residence — that's the queen's representative in new zealand. there there were two traditions on show — there was a traditional welcome, a hongi, followed by a blood—curdling haka, the kind of thing that we normally see with the all blacks rugby team. then a more traditional welcome from the new zealand armed forces where prince harry made a tour down the line of the military and inspected the guard of honour whilst the band played. they then came to the national war memorial and laid a wreath here while the last post was played. and any moment now, they will come out an

many in new zealand, including members of the government here in the country's capital wellington, believeeparating families and exiling people is draconian and inhumane. the country's minister of justice, andrew little, is an outspoken critic. new zealanders, they don't like what they are seeing, they don't think it is right, they don't think it is fair. and they certainly want the government to be letting australia know what we think is right and wrong about this, and we are doing that. are you concerned that australia is breaching human rights? i think if you look at the international agreements, the un conventions that cover this sort of thing, i don't think that is consistent, and what is happening is consistent with those un conventions. new zealanders on average contribute a huge amount to australia, new zealanders go there to work hard and sometimes they play hard, and they expect their aussie cousins to give them a fair go. many are seeing that at the moment they are not getting a fair go. for decades australians and new zealanders have had the reciprocal right to live and work in

they will be visiting wellington, auckland among other places.f the unknown soldier and of course they will be receiving the traditional welcomes, as i think you can see there, traditional welcomes in the various different parts of new zealand that they visit. this tour, 16 days long. they have already been to fiji, colour, and —— if you remember —— tonga. and at the start of the tour, they announced megan's pregnancy. they are struggling with the wind on that airfield as they have just touched down there. we will follow the rest of the two and keep you up—to—date with what they do their. —— with what they do next. moving on. the caravan of central american migrants currently making its way across mexico to the united states has rejected a plan for asylum from the mexican government. our correspondent, will grant, has spent the week travelling with the group. when you have over 1,000 miles to go, it makes sense to set off early. midday heat in chiapas is so fierce, so energy—sapping, the caravan of migrants rolls out before dawn. the lucky ones h

they received a traditional maori welcome in wellington with a haka performed by students before harryelders as they arrived at government house. good morning. well, saturday was certainly a shock to the system, wasn't it? cold for all of us, but really it was a day of mixed fortunes, because for some there were beautiful spells of sunshine. a beautiful weather watchers picture sent in from keswick in cumbria. however, if you were caught under the showers, it was miserable. frequent showers in the north—east of scotland, some of them wintry to higher ground. frequent showers running in across the yorkshire coast, lincolnshire, east anglia, the midlands and the south—west. and that brought rumbles of thunder, and to close out the day in parts of lincolnshire and cambridgeshire, there were some significant hailstorms as well. so a pretty miserable story, and we're in this cold air now, right across the country. but notjust the uk, through much of europe as well, descending as far south as spain and portugal, where on monday they had temperatures into the mid—20s. they're going to close o

they received a traditional mauri welcome in wellington, with a haka performed by students, before harryas they arrived at government house. finally, more on our breaking news this hour: here in the uk, a helicopter belonging to leicester city‘s thai owner has crashed after taking off from the football team‘s stadium. leicester city fan john butcher was at the scene and told us what he saw. we were actually sat in a bar facing the king power stadium. we‘ve seen a lot of fire engines come by. as we came out to see what had happened, what had occurred, my nephew came running towards me. and he was in a real state of shock. he said he‘d seen the helicopter spiral out of control, and then within a second, drop like a stone to the floor. the propeller on the tail of the helicopter that seemed to lose power, and then the helicopter just spun, spiralled out of control. on the bbc understands the owner of the football club was on board the helicopter that crashed last night. this is bbc news. good morning. well, saturday was certainly a shock to the system, wasn‘t it? cold for all of us, but rea

over and wellington, kiwi shares of the most in about two years. will keep an eye on emerging currencies as contracts are signaling more pressure. the offshore you want heading to a new high. thei: let's get you to first word news now. next president trump saying he thinks policymakers have gone crazy. he repeated his view that the pace of rate hikes is too fast. he also said wednesday the stock selloff was a correction we have been waiting for for a long time. the president has repeatedly criticized the fed saying he is a low rate kind of person. >> i think the fed is making a mistake. i think the fed has gone crazy. is a lot of safety, but i think the fed has gone crazy. reachricane michael's florida, the most powerful storm on the u.s. mainland since 1942. -- it couldg to drop 30 centimeters of rain across the panhandle before moving north across georgia, alabama, and the carolinas. the price tag for the olympics has ballooned to $25 billion. and if his report shows that at the current exchange rate, cost or nearly four times higher than the ini

in wellington we are seeing marginal gains. the kiwi is slipping after business confidence fell to a nine-year low in the third quarter. when it comes to markets that are closed this tuesday we have china and india off-line. hong kong set to reopen. stocks to finally get a reprieve as we have seen over the past two years. the fourth quarter has been kind to the hang seng. haidi: thank you so much for that. let's get you the first word news with jessica summers. jessica: the international is set to cut its forecast for global growth. three months after discussing she says shesions, is no longer so optimistic. refunds will update its outlook next week ahead of its annual meeting. regards to warnings earlier this year are coming true. tosix months ago, i pointed clouds of risk on the horizon. but it is not boring, but -- pouring, but there's a bit of a drizzle. today, some of the risks have begun to materialize. in these, there are signs that growth has plateaued. jessica: u.k. premise of theresa may is said to be offering an impo

the first is the great duke of wellington, who commanded the conservative party with the same kind of the early 19th century, had to face bitter divisions over the catholic question, whether roman catholics should be re—admitted into political life, from they had been excluded since the reformation. second, very well—known crisis when sir robert walpole, sir robert peel, forgive me, when he decided to remove the duties that had protected landed interests and landowners by keeping prices up on agricultural food stuffs, known as the repeal of the corn laws. and the third great crisis, the first decade of the 20th century, when the conservative party, whose central virtue has never been consistency, decided to go back to the days of having tariffs on imports, not this time to protect the landed interests, but because of the growth of foreign competition from germany and the united states in particular. and how did the conservatives recover from those difficulties? because they did end up out of power for quite a long time. of the three, the greatest was the middle one, with sir robert pe

in wellington, the kiwi is falling for a seventh straight week. you do have oil trading for a one-week low. happening as it warns of a supply storage -- shortage in the coming months. to focus will be on china see if the ketchup was a one-day event. shery: thank you. us take you directly to president trump at the white house, swearing in justice brett , aanaugh in the east room supreme court justice who was nominated more than three months ago. president trump about to speak in a ceremonial swearing-in for justice brett kavanaugh after he was confirmed by the senate saturday, earning 50 votes. he was administered the official constitutional oath by john kennedyand anthony after being confirmed by the senate. this is more of a ceremonial swearing-in by the president. let us listen in. >> members of congress, members of the cabinet, guests, and fellow americans. it is my privilege to address you tonight from the white house. we are gathered together this evening for a truly momentous occasion. i have been told that the most important decision a pres

playing catch up in the tech sector and in wellington, kiwi shares could be flirting with an eighth day of losses, the worst run since 2013. haidi: is get you the first word news with jessica summers in new york. jessica: a major u.s. telco is said to have found manipulator hardware from supermicro in its network in august. fresh evidence of alleged chinese tampering in key tech components bound for america. evidence was provided after a bloomberg businessweek report said malicious chips were planted in motherboards. deny that and amazon chips were implanted. the head of germany's industrial theration is warning that brexit deal would be a disaster for broke britain and the european union. should negotiations focus on finding a compromise as soon as possible. a deal needs to be agreed within a week if european and british parliaments would have time to approve it before the split. >> europe must prevent a worst-case scenario, separation of the united kingdom from the european union without an agreement on exit and transition and without clarification of the future relations is still pos

in wellington we are seeing stocks slide for a fourth straight day. the commodities complex does bear watching. we saw indian stocks fall by the most in six months on wednesday. chaos in theesh aluminum market. the world largest refiner shutdown. >> thank you. >> jpmorgan is downgrading longse stocks citing apel trade war next year as its worst-case scenario. it will only escalate as the u.s. raises tariffs on chinese goods. biggestt shares of the chinese etf tumbling to a two-week low. u.k. prime minister theresa may one unit support today. she made the case for pragmatism over the split from europe. her speech was welcomed by business the critics were not impressed. she said a good deal is possible. >> what we are proposing is very challenging for the eu. hold stick together and our nerve, i know we can get a deal that delivers. >> reports from washington say the fbi has not interviewed brett kavanaugh or his accuser. sources tell us the white house has not given the bureau authority to speak to them saying their senate testimony is sufficient. it i

we are seeing wellington stocks starting off on the front foot off the quarter percent. sophie kamaruddin in hong kong. let's get you to first word news with ramy inocencio. morning.d the people's bank of china told bloomberg it is evaluating the range of threats to its current policy including the worst case scenario. the governor said yen volatility is normal. a psychologically important seven to the dollar approaches. he spoke as u.s. treasury reports they may name currency manipulator of china. ton the bank is ready retreat from stimulus, the shift will be seen in the target rate. in his clearest comments, governor kuroda said when 2% is close, policymakers can change focus. he noted inflation is around 1%, so there is no likelihood of imminent change. be the mainill sustainable factor of inflation. really accelerating in recent months. whether this continues or not, will be very critical. asy: sterling fell as much half a percent against the euro after last-minute negotiations with the e.u. a british secretary travel to brussels as speculation of the deal group, but

shares in wellington could extend losses for a third straight session.price inflation slowed to an 11-month low. softer employment growth. themes,comes to carmakers very much in the spotlight. it was a hard month for ford. that was the case for japanese carmakers as well, as they saw u.s. sales decline for the month of september. we are keeping and i on mazda -- an eye on mazda as it plans to get into the ev game. optimize operations in light of the nafta deal. haidi, after the rba held on rates as expected, the aussie slipped below 72. you can find this in the gtv library. this is the widest gap since ozzy was floated 35 years ago -- since the aussie was floated 35 years ago. the differential is only set to grow. 11%, sinceis down hitting a january peak. the prospects are of a softer aussie dollar. this could be a boon for the rba, given that it could help ratchet up economic growth and help with hiring and wages. the rba might not need to cut rates. this backdrop has prompted a mid-2019, move by which they say is equivalent to about 25 basis points of

world to do so in eighteen eighty three the event was marked at government house in the capital wellington by the visiting british duchess of sussex megan mark all those touring with her husband prince harry and you can find much more of that on our web site the address for you there is our view w w dot al-jazeera dot com. and let's take you through some of the headlines here on al-jazeera now one hundred eighty nine people are missing feared dead after the plane they were on crashed into the sea off the coast of indonesia traffic controllers lost contact with lion air flight thirteen minutes after takeoff the tugboat crew says it saw the boeing seven three seven max come down in the water saudi arabia's top prosecutor is in turkey where it's meeting investigators looking into the murder of saudi journalist . so dinwiddie was expected to provide testimonies from eighteen suspects being held in saudi arabia former army captain jailed or both so now though is promising to take brazil in a radically new direction after winning a bitterly fought presidential runoff vote despite angering many w

the duchess threw a pink spotted wellington — i wonder if spots help — boot a little further than hert game. no, i haven't, to be honestlj you have never played that game. no, i haven't, to be honest. i can't believe you haven‘t played this. yes, totally. on what occasion have you welly wanged ? yes, totally. on what occasion have you welly wanged? normally camping. if someone threw my wellies at me i don‘t think the camping trip would be going well. your wellies are kind of high vizjacket wellies... be going well. your wellies are kind of high viz jacket wellies. .. steel capped boots! we are going to get you the rules! now we all know the fairy tale where the pumpkin magically turns into a glass carriage, but just look at this — a pumpkin that really did turn into a boat! 0h, brilliant! yeah! yesterday, tom pearcy from york paddled his makeshift floating vegetable down the river 0use in what you‘d have to call an enthusiastic show of halloween spirit. he claims it‘s the world‘s largest ever pumpkin boat. i bet it is. i bet they‘re not many pumpkin boats are doubtful starters. that i

winfield's got it been called by the duke of wellington, the greatest living general for his expedition to mexico city. george washington needs no further introduction to an american audience, now you elevate grant into that pantheon. but it cannot be undone. it cannot be undone without great political cost and probably admitting that the war is over. lincoln, by doing this, doubles down on the idea that u.s. grant is the man to win victory for the united states. this is a big deal. it's a big risk. that is why in contemporary eyes, grant was treated and fjted the way he was as the savior of the union, because by doing this they've elevated him to that level and set him up for either great success or, if he fails, he will fall very far and very hard and very fast and is probably going to take the lincoln administration with him. those are the stakes of grant elevation in 1864. the other thing about grants elevation, the war department, they create a new structure, grant works with secretary stanton and they come up with a new structure and grant creates a first move towards a modern sta

consumer confidence and also watching minors after most opened the week with steep losses and now in wellington stocks are falling for a seventh consecutive session. the longest losing streak since 2015. the yen edging back toward 113. >> thank you so much for that. let's get you to first alert news in new york. >> thanks, haidi, the trump administration is said to be concerned about the depreciating yen. that is with the treasury department debating whether to name china a currency manipulator. the yuan has fallen 9% in the last six months by speculation china as deliberately weakened it as trade tensions escalated. we're told the treasuries secretary led the white house ressure to confront beijing. oil fell to a one-week low in new york on signs that disruption caused by sanctions on iran may not be as bad as feared. futures declined almost 2% on monday after approaching a four-year high last week. however, iran takes a different view. the oil minister is warning that global markets face a severe shortage in the coming months and rising prices show supply is already tight. there was a softwar

winfield scott was called by the duke of wellington the greatest living general for his expedition to mexico city. george washington of course needs no further introduction to an american audience. and now you of a grant to that pantheon -- you elevate grants to that happy on, but it also on, but it cannot be undone without political cost, probably admitting the war is over. linking by doing this doubles down the idea that u.s. grant is the man to win victory for the united states. this is a big deal a big risk,.that is why in contemporary eyes grant was treated the way he was, as savior of the union. because by doing this, they elevated him to that level, set him up either for great success or, if he fails, he will fall very hard, very far, very fast, and will probably take the lincoln administration with him.those are the stakes of grant 's elevation in 1864. the other thing about grant's elevation. the war department, they created a new structure. grant works with secretary stanton, coming up with a new structure.grant creates a first move toward a modern staff operational structur

megan and harry will leave sydney tomorrow and will go to new zealand, the cattle —— the capital wellingtonl tour will finally come to a conclusion in new zealand on wednesday. the welcome here in australia, bg and tonga and new zealand has been pretty good. the royal couple would be very pleased with their efforts so far. in sydney, they will be taking the closing ceremony. we should be able to see a little bit of that. will try and have a look afterwards. clock is going back tonight. you do not get the extra hour of sleep if you are in morocco. the country has decided to scrap wintertime but it all happened the last minute. the authorities say the move would save an hourof authorities say the move would save an hour of natural light. it's a bit confusing. darren is going to have the weather price of that later. michael have sported around 20 minutes. nondisclosure agreements have become the legal weapon of choice for the rich and powerful and are at the centre of the allegations against sir philip green. designed to stop employees sharing trade secrets when they changed jobs, more recentl

a few showers through sunday and monday in the wellington in new zealand.the uk is dry. some cloud and rain at times across the far northwest of the country, and we are looking at mist and fog developing overnight. high pressure in charge for many of us, this weather front brings more clout and if you spots of rain into scotland. goodbye for now. hello, i'm ros atkins, this is outside source. could it take even longer for the uk to completely leave the european union? white the eu says it is ready to extend the length of the post—brexit transition period if the uk wants to. but theresa may has come under pressure from across her party after suggesting she's prepared to consider delaying the uk's departure from the eu. what i have heard from leaders around the table over the last hours that i have been... since i arrived here in brussels yesterday is a very real sense that people want that deal to be done. the us treasury secretary pulls out of an investment conference in saudi arabia, but the white house is giving riyadh more time to investigate what happen

this is the last week of the royal tour in australia, next week they are off to wellington in new zealandn new zealand next wednesday. it has been a whirlwind effort by the duke and duchess of sussex, four countries, australia, fiji, tonga and on to new zealand but tonight is about the close of the invictus games which prince harry helped to co—found in 2014. phil mercer, i should say the closing ceremony! thanks very much. we will get some of those pictures live as it is happening later this morning. tonight when the clocks go back, the majority of us can look forward to an extra hour in bed. but not in morocco. the country has decided to scrap wintertime at the last minute. the decision was made just days before the clocks would have gone back by an hour. the authorities say the move would save "an hour of natural light". so, remember the clocks... so, rememberthe clocks... i nearly forgot myself! are not good at delivering this particular bit of use! the clocks go back. you fall back. no mistakes there. yesterday we spoke about universal credit, a group of mps said the system was causi

in wellington, a fourth day of declines. futures are nudging higher. itcost be is not fair -- has lost 19%. japanese stocks, wipeout has been about half $1 trillion over the course of this year. short bets have climbed to a record high. earnings will be key to changing this sentiment. notablehe likes of names reporting results across the region. , we havehery guidance for caterpillar, texas weighingts, 3m, likely on sentiments. even one of china's biggest asset managers is joining in this pessimistic talent, telling bloomberg there are 20-30 companies preparing to exit as global valuations have peaked. shery: in the u.s., a fed official says continual rate hikes are needed to keep the economy from overheating and creating imbalances that could lead to recession. kathleen hays is here. statement toore seal the deal? kathleen: i think so. he will have an official vote. 12 out of 16 in the last meeting where they arranged it are looking for it. i think it is a done deal. not everyone around the world is on board. in terms of needing more rate hikes, he sa

i gaining, butsp falling for the most in years over the month, and we have stocks in sydney and wellingtonasx 200 is looking little changed, and futures also looking flat at the start of the session here, and we do have the 13.lar/yen back above $1. on theping our eys aussie dollar, we count down the inflation numbers due out at the bottom of the hour, expected to rise about one point 9% on a yearly basis. let's take a look at samsung, very much in the spotlight after quarterly profit topped estimates, gaining 1.7% this morning. the mobile unit operate profit did fall, but that ongoing boom in memory chips certainly has been good. about 17%has fallen this year, losing about 5% since we got the numbers at the start of the month. looking ahead, samsung expecting overall earnings in the fourth ak, and seasonally we next year, doubts do remain a mid-trade tension, and as we top as we can see on the panel of this chart, the green bars, analysts had brought in the revenue forecasts. expectations for growth for the year, looking modest, and that, of course, has them suspending. shery, we have for

are crunched in wellington. after the takeover proposal.e weeks of talks, he does not support the proposal of one q we -- of one kiwi dollar per share. another four weeks for an independent valuation are needed for the bid. attractingealth is interest from at least five bidders. includeequity payers cpg. they are considering the massachusetts-based company. it is said to be weighing a bit as well. amazon has offered more than $400 million for a minority stake in a grocery store chain. the deal is believed to be in the final stages but is being held up by valuation concerns. toh companies declined comment. alibaba was also in talks to acquire a minority stake according to another source. let us take a look at what is coming up in the next few hours here on bloomberg tv. david ingles is in hong kong. happy monday. >> a fresh trading week ahead. a lot to talk about. the imf comment on the yuan. the comments from the central bank governor. pboc.so the to put this all together, we will be joined by the global head of fundamental equities and a p

we have wellington shares snapping a two-they decline.ave the yen holding the worst loss in two weeks. have a slight improvement in japanese jobs data to container. the jobs rate falling in september, showing some labor market strength. let's look at some stocks we're keeping an eye on. sony, honda, nintendo. goldman saying that sony's valuations are not keeping up with earnings growth, and the company is to invest over three years in chipmaking, which is under pressure, off by 0.9%. fromwatch for results machinery makers. both gaining ground so far this morning. thank you for that. shery: let's now get to the first word news with jessica summers. jessica: an indonesian airliner hit the sea at hundreds of miles per hour. the flight plunged from 1500 meters in just 21 seconds. people.arrying 189 shortly after leaving jakarta, one of the pilots requested permission to return to the airport. the crew may have been struggling with some type of failure. bank of america plans to pay special bonuses for a second straight year after seeing profit

gains for stocks in sydney, wellington set for a fifth day of gains in both markets.lar , when it comes to stocks were keeping an eye on the earnings front. samsung dropping 5% after posting a whiter than forecast operating -- wider than forecast operating loss. watching number after japan's biggest broker posted a rare net loss as revenue at its retail and wholesale businesses took a hit. an operating loss for the second quarter, cutting its target by 43%. and plan to spend 8.8 billion dollars on five g infrastructure 40% cheaper plans than current rates during the first three months of 2019. mobilephone rate carrier charges have been above manner for the -- a bugbear for the japanese government. paul: let's get to the first word news with jenna dagenhart. jenna: britain and the e.u. say progress is made on a brexit deal. the top u.k. negotiator expecting agreement by the 21st of this month. new british proposals on the irish border, although not offering details. officials are more optimistic saying there's more of a positive mood among negotiators. >> at think it i