i am in yvonne man. breaking news out of south korea. that is a fairly substantial beef there. yvonne: they did record a drop fall there. you're on your figures seen a beat up 1.2%. -- year on year figures seeing a 1.2%up it could keep the be ok accommodate it. we'll see how korea reacts to that in about one hours time. we are seeing stocks as well as the kiwi falling 71 u.s. cents for the currency. australia, watch out for the gold miners in particular. it drops. precious metals getting pummeled here. 0.1% -- stocks down about 0.1%. uptick ofee an shares for the yen. there is no trading in china once again as the country continues to celebrate golden week. another look that we can expect ramy.e week, we saw stocks and bonds sold off once again. anchor: it definitely is a fed rate story and the fear of a potential height pulling down -- hike pulling down markets. to get more of this is josie joe.- a what we saw there was spillover from what the ecb said about the fact that it could start tapering these asset purchases before the presumed end of kiwi in 2017. the u.s. market seei

yvonne: and i'm yvonne man in hong kong.re watching "daybreak: asia ." let's get the first word news with rosalind chin. >> at&t to buy time warner for $84 billion forming a new telecom and media empire. warnerl values time 20% above friday's closing price. the deal includes hbo, cnn, and the warner bros. studio, allowing at&t to expand into media and entertainment. td ameritrade and its largest stakeholder, td bank, are said to the near a deal to buy scott trade financial services. sources tell us td ameritrade would take scott's brokerage operations for about $2.7 billion. the deal would combine two of the largest online brokerages. malaysia has announced a budget that hints at early elections. the prime minister listed millions of ringgit in cash and grants for lower income citizens and young people. they include cheaper housing, discounts on student loans, and tax relief on smartphones and tablets. this aims to boost growth and shore up his support after months of political turmoil and financial scandal. china's leaders

yvonne: i'm yvonne man in hong kong.ompany has formed a new asset management company. a combined $.5 trillion in assets makes it asia's biggest. asset management officially open for business on saturday and the ceo says the company plans to break into the global top 15 by doubling its assets under management. it also back to the boj's current policy direction. ramy: japan's much delays new domestic airliner maybe how that further. mitsubishi aircraft says first plane may be late because of some technical modifications required. it says it was warned of the possible delay at the end of last month, and mitsubishi has not given a new delivery date. they ordered 25 of the jets, which carry 92 passengers. yvonne: a record 6 million chinese tourists are slated to travel outside the country during the weeklong national holiday. andchina tourism academy estimates that 589 million trips will be made home and abroad between october 1 and seven. that is up 12% from a year ago. tourism revenue is expected to rise 13% during golden w

i am yvonne man. looks like a quiet monday. china data, could get interesting. had some fed speak when janet yellen talk about letting the economy get hot. all of that on the docket. yvonne: also and ecb meeting this week. the last and third presidential debate. momentum signals looking bearish for stocks. key we-dollar bearish now. aussie stocks on the dull line -- decline right now. dollar bearish now. down, but a soft open here. this is on some dollar strength. thatll continue to watch one. world's largest emerging markets have pledged to boost trade as china's president warns the global economy remains fragile. presented a front on global terrorism and infrastructure. what have we heard? minister the prime saying he wants to see trade the nations doubled to $500 billion by 2020. the pictures surrounding this summit is one of political and economic malaise. russia is burdened by sanctions and a week oil price, and of course china where we saw exports fall 10%, the slowdown continuing. chinese president xi jinping gave a bleak outlook for the global economy. t

yvonne: i am yvonne man. after the airline warned they will take a hit from competition driving down airfares. first-half underlying profit before tax will fall between 800 million strain dollars to 850 australian dollars. security shares gaining after the company reported 25% increase in second-quarter profit. it posted net income of $289 million last quarter thanks to higher trading income. they also announced a share .uyback as it cuts its dividend >> the yen is on the weakening trend. a fed rateection and hike will weaken the currency, but that will push up the stock market. we expect markets to recover along with profit in coming quarters. yvonne: we will be watching shares of chinese banks later, icbc and china construction bank reported loan loss coverage ratios below a regulatory minimum of 150%. so far, the banks have not seen significant penalties for missing the target. face as say they could hit and profit once regulators start pressuring them. let's check back in on the markets. you just came bac

here is yvonne man. yvonne? yvonne: thank you. u.k. has been more resilient than expected since the brexit vote, lulling people into a false sense of security. concern that britain could lose marketess to the or tumble out of the european union without a trade agreement in place has to driven the pound -- has driven the pound to a 30 year low. we'll speak to the co-author of the report at 7:15 uk time right here on daybreak europe. vote,ad of the eu according to a survey by the university, u.s. and canadian lenders, market shares were up to 7% from 14% in the first six month of the year. this image uncertainty and a cooling market demand for british real estate. the chinese president has warned that the world economy is weak and vulnerable to problems. speaking at the summit in goa, he said the underlying causes of the 2008 crash have not been fixed. china, the world's second biggest economy is set to host the next summit. chinese policymakers are facing a dilemma over the yuan. issues for the nation's policy makers as they seek to arr

man accused of starting that firefight. kirk figueroa's mother says she called her son right before the hail of gunfire. yvonne says he got off the phone with a quick gotta go. 5 investigates found kirk figueroa had multiple aliases and started at least three companies in florida and other at the nation of islam after visiting ethiopia. he was a sworn constable in boston. kevin leary has held that job for 30 years and says figueroa's self-published biography could have raised red flags. >> he had various jobs in a quasi-law enforcement matter. access the f.b.i. database. police did not know about figueroa's run-ins with the law in georgia and arizona. randy: other stories we're following this friday morning, these two suspects will be facing a judge today. they're charged with murdering and elderly man. brittany smith and joshua hart return to orange wednesday night after being arrested in virginia. they're accused of killing 95-year-old thoms harty inside his home last week and injuring still hospitalized. emily: an elderly man is fighting for his life after falling down newport's cliff walk. it's not clear h