samsung unveiled the note 9 for the public. we will gauge early reaction and discuss the tech giant's bigger strategy to take on the competition. first, to the top story. ridesharing has been a booming business. in 2015, there were 13,000 ride-shared ca rs. three years later, more than 80,000. but all that could be about to change. new york city has granted a cap on new licences, giving them the authority to set new wages for drivers. new york mayor bill de blasio tried it two years ago but was shot down by the same counsel. this after proposing a fun to bailout struggling taxi drivers, a proposal that new york rejected. with us to discuss, a professor at the nyu school of business and author of the shine economy, the rise of crowd based capitalism. and bloomberg's caroline hyde, where in london, bloomberg had to appeal the possibility of having their license completely withdrawn. -- uber had to appeal is license getting withdrawn. uber is fighting these regulatory battles around the world. how big a blow is this particular sit

samsung is hoping to do the same. definitely for samsung with it rained image in the premium market not as strong as apple. they need to use many more tricks up their sleeves, promotional campaigns, or other offers backwards to stimulator manned and spur upgrades. with around 1 billion active users, instagram is becoming an important brand engagement platform to reach young consumers in india. among its many users who are breaking created barriers is a young man who is recovering from cancer and found her financial independence. she is competing against those who can pay for more followers as well. for this young girl in a north indian city, these videos are the reason to live life on her own terms. what started as a hobby after her battle with cancer has now flourished into an online career. in just three years she has pretty to thousands followers and then there isa thousands followers and then there is a closet full of clothing and merchandised brands reaching out for online collaboration. in a small town like this

i am not sure where samsung is going to fit in. on the other hand, the home speaker is also coming in extraordinarily late. the amazon echo came out 3, 4 years ago, announced in 2014. almost five years ago now. the home pod was late as well. coming out in february. but amazon and google have a handle on that market, so i am not really sure what percentage of the market samsung is going to be able to grab with this device, especially with such few details they are providing on this. i would not be surprised if it is not released until the end of this year or 2019. so, they are extraordinarily late to the game with the home speaker and it does not appear they are bringing any new innovative functionality to the table that would inspire anyone to buy one of these. emily: bob, is it too late for samsung and apple in smart speakers? bob: well, it is going to be very challenging. you have a strong position for google and amazon. look, the one thing i will say across the board for the different galaxy products is we are seeing samsung tal

newleen: samsung launches a weapon in the

india, samsung with theirfirst mobile opening up in india, samsung with their first mobile phone, opening up in india, samsung with theirfirst mobile phone, a chance for investors to look at that. you expecting? ikea setting up for the next 100 years in india and take a sta b next 100 years in india and take a stab at the $26 billion furniture market debt, which is largely dominated by local and family run players. is symbolic of the m0di government opening up for foreign investment. with samsung investing their galaxy note nine, and we are looking at whether or not this can pf°p up looking at whether or not this can prop up samsung's galaxy note brand. we have just enough time for the gdp japan. what you expecting? we expect in the gdpjapan due to gupta 1.5% year on year driven by consumer spending due to the tightening labour market in japan. a cake maker in london who worked in cafes in ba kery in london who worked in cafes in bakery shops has been looking for a big break. it came when a model bought one of the text and take on instagram. she notes the publicity for all was worth an l

you addicted to those samsung galaxy phones. liz: listen i like this story. i think it is fascinating all competition is good. susan describe that moment where the crowd flooded toward the demo phones. i looked up and i saw you during on coast to coast and i thought this is a really cool event. >> yeah, so i'm a tech geek i totally get it because i wanted to rush the stage as well after they opened the floor to demonstrations. they made these announcements and it's a wonderful event and there's a lot of entertainment value obviously they rolled out the fortnite ceo, the spotify ceo saying all these great things you can do with the new phone and when you say okay it's time to try it out of course everybody goes up there, right? that's why you're at this event. liz: susan li live in brooklyn and we cover these types of stories folks because smartphone s are a huge business story and on top of it the competition and waiting for the iphone killer we'll see if this might at least ding the iphone a bit fueling the nasdac's eight day s

samsung knows that. this is their dedicated galaxy note people who like using the pen, which is why the primary focus of the new features were around the pen. to me, what is more interesting is the spotify news. that was interesting because it reflects a bigger picture strategy story from samsung across the board, across all the different devices. emily: how does that compare with apple, which has apple music? mark: that is a good question. spotify at a low level is not in-house and not building up the streaming music service themselves. they have had a few over the years and they have terminated their projects. spotify which still has the best brand recognition, it is a smooth move by samsung. spotify investors seem pretty impressed. the stock is up several percent this morning. emily: other announcements or revamps, smart watch, home, the doodle speaker. .- digital speaker you have been tweeting about the speaker, one and a half times the home pod which is quite large. mark: the galaxy watch is a revam

samsung is placing a big bet on its biggest smartphone yet. the note9, packed with extra features the company is hoping that the so—called halo model will hope revitalise sales of all of its smartphones, after it it lost market share to rivals apple and huawei. samsung is betting that customers will shell out for what it calls a supercomputer in your pocket. the basic note9 will cost $1,000, with the extra—memory model costing $1,250, making this the most expensive smartphone on the market. so what do you get for the hefty pricetag ? so we've beefed up the battery on the device, so that for the first time ever we've got a 4,000 milliamp battery. it can last you all day. all day, 2a hours? what else do you get? plenty more. we have double the memory on the device. the note9 also has a bluetooth stylus that allows you to take pictures remotely — perfect for the selfie addicts. but will these features be enough, particularly in a stagnant smartphone market with more competition than ever before? well, the smartphone market is increasingly b

and a high technology led mostly by samsung electronics the investment would be a part of samsung's overall one hundred sixty one billion dollar investment plans that include capital expenditure research and development and of that total around one hundred thirty billion dollars will be spent in south korea alone the investments include four key areas artificial intelligence fifth generation mobile network technology electronic components for future cars and bio pharmaceuticals samsung also said it aims to directly recruit forty thousand new employees who would work at global ai centers which include u.k. canada russia the u.s. and south korea meanwhile after recently reporting its lowest quarterly profit growth in a year samsung is rolling out the galaxy note nine. these are my great pleasure to present. a new general stream note knowing. we've included all the things that they know and love the precision the ease of use but we also added now bluetooth low energy connectivity so now you can use your i spend even more tasks like opening up locations i don't like a remote shutter so i can us

percentage wise, 22-15 about in samsung's favor. >> in samsung's favor. people willing to use apple. iphone x, but the point people who use apple, in apple's ecosystem, they don't care. they just pay. connell: that raises a question. not just us, everybody you know has up with ever these smartphones. in the year 2018, russ, what drives someone to switch? you're iphone user, been one for years. what droves that person to switch to samsung or at least consider it? >> if you're an apple person you will stay an apple person. samsung has disadvantage here. it is very easy to make jump from samsung to another android device such as pixel. if you're apple you don't have another option. you need to admit apple has an edge over samsung, even if they don't have the market share, those people are much more locked in. connell: their competition is in the necessarily apple. >> you get apple operating system and everything that goes in that. analysts talk about the halo effect. >> right. they will announce the best phone tomorrow and a bunch of samsung people would jum

samsung posted record profit less year. haidi: china's biggest insurer is weighing the asia business. officials say the chinese government also held discussions on finance options. they say asian operations including their east asset management unit could be valued at $51 billion. kathleen: we have a lot more to come on daybreak asia. we will be taking an in-depth look at trade talks between japan and the united states. a lot at stake here. keep it here. this is bloomberg. ♪ haidi: it 7:30 a.m. on thursday. here's a live shot of hong kong where we are 30 minutes away from the major market open around asia. we're looking cloudy. it's cloudy when it comes to asia markets and we are looking at a bit of a downside after u.s. stocks gave up earlier gains in a fluctuating position. kathleen: it looks kind of pretty over there. it's wednesday here in new york. it is still so hot and humid. you can see the heat over the horizon. markets took the cue. not to big move in either direction. the s&p 500 is basically flat. same thing f

and a high technology led mostly by samsung electronics the investment would be a part of samsung's overall one hundred sixty one billion dollar investment plans that include capital expenditure research and development and of that total around one hundred thirty billion dollars will be spent in south korea alone the investments include four key areas artificial intelligence fifth generation mobile network technology electronic components for future cars and bio pharmaceuticals samsung also said it aims to directly recruit forty thousand new employees who work at global ai centers which include u.k. canada russia the u.s. and south korea meanwhile after recently reporting its lowest quarterly profit growth in a year samsung is rolling out the galaxy note nine. these are my great pleasure to present. a new general trend note. we've included all the things that they know and love the precision the ease of use but we also added now bluetooth low energy connectivity so now you can use your i spend even more tasks like opening up locations i don't like a remote shutter so i can use it to take a

and a technology led mostly by samsung electronics the investment would be a part of samsung's overall one hundred sixty one billion dollar investment plans that include capital expenditure research and development and of that.

right now obviously samsung uses android. if the google software. it's two different worlds together. apple has the software, the app store ecosystem and developer world as well as the hardware for themselves as well. you cover apple religiously and incredibly well from san francisco. who do you think samsung sees as its number one competitor considering it's in the whole android ecosystem and it is so easy to jump ship to the likes of huawei? where they really focusing and targeting? apple is their chief rival. it is known as a top rim phone maker. has gradually shifted to being a premium phone maker. there were times when these phones were $600, $700. today we will see a phone the cost over $1000. from a pricing perspective when you walk into a carrier store or you'rebuy or whatever going to see the samsung phones on one side and the iphones on one side. from the u.s. perspective, european perspective they are really so to tell. it's really apple versus samsung at the high-end of the market. thank you, mark gurman. time for the bloomberg business

coa kley, and samsung. are you addicted? coakley, i'm on—air and and samsung. are you addicted? coakley, i'm on—airand i and samsung. are you addicted? coakley, i'm on—air and i still have the phone in my hand. it allows me to set the alarm on my home and look at the cameras, everything. and your heating and everything. the importance of this is companies... businesses and entrepreneurial businesses are trying to keep up. amazon, i can scan in the supermarket what products are available and buy them on amazon. 0ne available and buy them on amazon. one of our viewers, ian, is in touch, he says of voice calls may be down but he says that apple calls are on the rise and the way we are communicating with people ash app calls. we communicate in vision with lots of people —— app calls. calls. we communicate in vision with lots of people -- app calls. that's why whatsapp is a multibillion dollar company because actually we're calling through that because it's easier. if you're a business person and you want to be the next jeff bezos, look at what you want to do with your smart

samsung announced key new partnerships. there will be a 3 -- a three-day exclusivity for the new fortnight. there will be a big new .artnership that spotify the spotify ceo spoke at the announcement today indicating a multiyear partnership between the technology giant and a streaming new service. apple has their new announcement. we are expecting new ipads, three new iphones and redesigned watches for them. haidi: -- kathleen: why the trade war made be here to stay. we have cif director scott kennedy joining us next. this is bloomberg. kathleen: i am kathleen hays in new york. haidi: i am heidi in sydney. you are watching daybreak australia. our next guest says the rising trade tensions are not going away anytime soon. we are joined by scott kennedy, the director of freeman china chair. one of the most interesting latest developments are these increasing reports of beijing that they are seeing domestic pressure that there are risks within the communist party. part of it has been criticism that because of being overly nation

and a technology led mostly by samsung electronics the investment would be a part of samsung's overall one hundred sixty one billion dollar investment plans that include capital expenditure research and development and of that total around one hundred thirty billion dollars will be spent in south korea alone the investments include forty.

this hab the criticism for samsung compared to apple. samsung doesn't have that addictive ecosphere they don't have the music and movies. they are trying to update with that partnership with fortnite and spotify today. >> shepard: did you get to try one, a note 9? >> i did. it's actually -- yes, a note 9. it comes in fancy new colors you get lavender and blue as well and rose gold. i would say it's not much of an upgrade from the galaxy note 8. that's a knock on this new offering. what are you really getting for 1,000 plus and is there really that much new in it, right? >> shepard: right. i guess that since apple had set a price point with iphone 10. they figured they could dance around that price point and see what happens, right? >> yeah, but 1250? that's pricy. 1250 you get a tara by the of storage and,yes, faster processing. that's a lot to spend on a phone, don't you think? >> shepard: sounds like a lookout to me for anything. susan lee, great to see you. [laughter] >> good to see you. on this day in 1936, jesse owens won his fourth

at the moment samsung sells the world more smartphones than anyone else. but the korean firm wants to keep it that way despite fierce competition. so, it's bringing out a new model, the note9, which, amongst other things, will tell users if there's a problem with their photos. kim gittleson was at the launch in new york. the all new galaxy note9! sansone is placing a big bet on its biggest smartphone yet, the note9. the company is hoping this so—called halo model will help revitalise sales of all its smartphones after it lost market share to rivals. samsung is betting that customers will shell out for what is called a supercomputer in your pocket. the basic note9 will cost $1000, with the extra memory model costing $1250. this makes it the most expensive smartphone on the market. what do you get for hefty price tag? for the first time ever we have got a better battery on a smartphone. it will last you all day. what else do you got? we have got plenty more. this year we have doubled the memory on the device. it also has a bluetooth on the device. it also

do you think samsung is a little too dependent on the luxury smartphone model >> with samsung, they rely on android. that's owned by google with apple, they actually own the operating system and so can add those services on. samsung can't do that. that's why you are seeing weakness in the mobile division. what they have done is actually gained a lot of profit from semiconductors this is a way to get rid of reliance on smartphones and semiconductors >> how much is this phone going to cost? i'm asking because i smashed my iphone this morning. >> i'm expecting in the region of $1,000, maybe more. >> i'll have to go for the secondhand item. >> will you have time to buy it before your vacation starts? >> that's the question that everyone wants to know i'll keep you updated. thank you for bringing us the latest >>> before we head out, before i head out on holiday, let's check in on u.s. markets dow is seen opening up about 10 points lower nasdaq about 3 points lower. that is it for today's show. i'm joumanna bercetche >> on her way to holiday i'm willem marx. "worldwide exchange" on the other

samsung makes the l.e.d. displays that get supplied to apple as well and i always look for the analysis of these displays it's the strongest that's out next week chances are this will take the crown for the best display in a phone. apple will try to take it back in the fall. >> it's $1,000 >> $1,000 for entry level up to $125 $1250 or the higher end. >> cool. let's get over to seem j who is here with the european close >> not much happening. of course turkey really the big talker recent developments in turkey's financial markets has certainly been alarming for european investors. renewing fears around italy. its stock market on pace for its worst day since june of 2016 that stock market down 2 point of view 6% u.s. sanctions doubling steel tariffs intensified turkey's economic troubles. inflation rose to 16%. growth is slowing. unemployment now above 9%. this as the essential bank increases its gold reserves. they have been rising. by the way gold is down 7% in 2018 investors say a larger concern is turkey's

for one of every five smartphones globally although with prices for a new samsung phone at over one thousand dollars some consumers are not getting the newest versions as soon samsung is also a major maker of smart televisions and for years they have been number one manufacturer of smart televisions i have a few at least for now we're going to listen to this story beside our smart t.v.'s too smart for our own good and are they spying on us at home and at work our teens manila chan gives us some important if unsettling news. over the past ten years homes have become smarter in the past year alone more than thirty nine million smart home devices were sold in the u.s. and according to industry insiders twenty seventeen saw about one hundred sixty eight million internet connected t.v.'s being used in america staggering numbers more than half the u.s. population have smart connected t.v.'s already to save the growth of connected devices are robust is an understatement and those smart t.v.'s have made our media viewing abilities more dynamic and customized it has also opened up a pandora'

dagen: samsung uis new galaxy note 9 launches on thursday and details are being leaked by samsung. the device was spotted at russian store revealing a 6.4-inch display, dual rear camera and as previously reported the pen will have remote-type functionality and apple making investors happy after becoming the world's first trillion dollar company last week, one of the winners is warren buffet, joining me cfra senior equity analyst angelo, buffet shies away from tech stocks this is a winner for him and what do you make about the samsung phone given apple's run for its money in. >> absolutely, in terms of samsung and the leaks going on, you wonder if they are really leaks because, you know, at this point in time we continue to see the stuff, you know, ahead of these launches, you know, year in and year out. with that being said, when we look at some of the details of the event coming here on thursday, little that, you know, really gets us excited on the front of samsung. that being said, as far as apple is concerned, i mean, the results last week were absolutely spectacular. looking at

stuart: at samsung event in brooklyn i believe samsung has just announced a new smart watch, susan li you're there, what's this? >> yes, rebranding, it used to be galaxy s gear, rebranded to new galaxy smart watch, obviously trying to go head to head with apple's offerings, now we are here for the big unveil today which is a galaxy note 9, we haven't gotten pricing but expected to be at $900. it's going to be the largest storage available for any smartphone, 1tera byte and expandable memory. i wanted to explain but producers said stu needs to know what it is. you can control phone from distance, stu, pretty interesting, pretty cool, biggest game on the planet right now, we have android, it's android offering, exclusively on the new samsung offering back to you, you got it? stuart:i do. a bluetooth pen. show me how to use it tomorrow. >> might take a while. [laughter] stuart: department of homeland security says more than 600,000 foreign travelers who legally entered america last year overstayed their visa, nick adams is with us, author of that book, green card warrior, nick, it would

i want to highlight samsung in korea. 2.5%. the new galaxy note nine is a game changer for the company. its full-year target missed estimates. mercari sliding in japan after posting a loss during its first earnings report. earnings have made a path of its target -- up half of its target. a look at suzuki, rising for the first day after losing 6% on thursday. kathleen: thank you. with japanese automakers. admits the system was not appropriate regarding the emissions. >> the data was not checked by management. we realize the system is the responsibility of the company as a whole. kathleen:management. we realize the system is the responsibility of the company as a whole. reporter. we saw's is tumbled yesterday. what is the real impact on carmakers? question. a good it remains to be seen. the immediate effect is not so much, because there will not be any recalls. the problem is fairly minor. during the emissions testing, they are supposed to keep their cars within a certain band speed throughout the tests. the band, butide did not

this is something samsung is criticized for competition with apple. they don't have ecosphere apples that why you stick with iphones. they have announced a exclusive partnership with "fortnite." it generates a billion dollars in revenue. 125 million players around the world. samsung, galaxy note9 will be the first android to offer it for four days. they have had daniel ells spotify ceo, talking about a partnership with samsung in the future. they recognize these need to add more, go up the value change, to get customers to stay with samsung devices in the future. guys, back to you. melissa: how much are they able to fort knight away from apple. that is the driving force -- "fortnite." it is not just kids. it is a bunch of adults. it has taken over from mine craft. >> i am a gamer, "fortnite" gamer myself. melissa: are you, wow. >> yeah, i am. i am. okay. so the way they took it away pro apple. they're not actually taking it away from apple. it is not offered from android until now. galaxy note9 is first android to offer it. this is win for them. melis

evelyn's playing fortnite on the new samsung galaxy note9. it's the fastest note ever and is now 50% off the lease.

here's tech bites. >> in today's tech bites the big reveal by samsung. >> samsung unveiling its galaxy note 9 with a bigger screen, beefed up battery and souped up stylist, but with an expected price tag of $950, industry insiders wonder if it will be enough to compete with the i phone 10. a high-tech compression shirt promising to reduce concussions in sports like football. >> the halo features an impact-resistant collar that fortifies your vertebrae. it hits the market in october. >>> hitting stores then, is vector the latest home robot from anki. it won't vacuum or fetch a newspaper. >> what it is good for, answering questions, playing games, even purring when you pet it. it costs about $250. >> paying for a best friend? >> yeah. you and me. >> yeah. >> those are your tech bites. >> for $250 i'll come over and hang out with you for like ten minutes. >> i like that idea. >>> scam alert, the new pitch con artists are using to part you from your money. >> own a piece of bay area tech lore. lore. what it will run you to buy the nature of a virus is to change. move. mutate. today, life-c

you are right in that samsung is starting to get a little more aggressive. in the wake of the infamous note 7 incident, i think they throttled back a little bit, introducing new features. with a note 9 you are seeing an upgrade to the stylus and other features, and that signals a management shift toward a more aggressive strategy. but i think in many ways the note 9 is sort of playing a holding pattern game before the next big thing. >> ryanair is grappling with major strikes for the first time in its three decade history. it matters if you are an investor, because disruption is set to hit a new peak today. we have at least 400 flights lost across five nations, as pilots ramp up a bid to get better contracts from the company. how did we get here? >> this is the unions trying to show that they will have a voice here. about a year ago, there were no unions at ryanair, and now this is what they have to contend with. the thrust of the straight is in -- the thrust of this strike is in germany, about 250 flights canceled today alone. they are expanding, others are

samsung shares fell. you. thank the lira has plunged to new depths and turkey's relationship with the u.s. continues to shower. this comes ahead of key meetings to outline plans for a new economy with single-digit inflation in a move aimed at reassuring investors. joining us now is bloomberg's -- bloomberg's reporter. what is the latest on the tensions? the turkish delegation has traveled to washington, d.c. to try and iron out the differences between the two countries but they seem to have come back into handed. handed.empty there under said investigation in the u.s. to evade u.s. sanctions against iran. the u.s. goal is to get a pastor home who has been in turkey for two years in a jail. evidence ine any any breakthroughs in one of these issues between the countries as of yet. anna: give us the context of the markets reacting. we've seen these new records for the lira. the stock market is an exception because of a mysterious investor known as the dude. that, turkish bonds have been performing really badly. t

is sumsung on the other side -- samsung. another country will retain its national sovereignty, nine years since bailouts. financial crisis caused a net —— caused a housing prices in athens to plummet. as philip hampshire reports, that is causing tensions with locals. until the financial crisis, tourist‘ generally only spent a few days in athens, a quick stopover before heading on to their final destination. santorini or creep all rose. “— destination. santorini or creep all rose. —— crete. this is a young entrepreneur who started a business with family members and friends. they manage properties for foreigners who bought bargains increase after the financial crisis. athens residential property fell 46% from its peak in 2008. the flats are rented to shorten holidaymakers using online services. about nine yea rs using online services. about nine years ago, the property market went down, but then again, the people who visit greece for a cash and have been going steadily up, so like last year we have had a 7 millio

always good to have you with us. >>> when we return, samsung announcing the galaxy note 9. we'll talk about the device and the competition with apple. dow is down 21. stay with us. about people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you dinner date...meeting his parents dinner date. why did i want a crest 3d white smile? so i used crest. crest 3d white removes... ...95% of surface stains in just 3 days... ...for a whiter smile... that will win them over. crest. healthy, beautiful smiles for life. >>> here is what is coming up on halftime report. tech takes the nasdaq towards its eighth straight win. does that mean all talk of value comeback is dead morgan stanley growing more cautious about one popular part of the market. we have made it our call of the day. and the trade just made that you cannot miss. we are about ten away. >> we'll see you soon. >>> let's get to the cme group. rick santelli has the santelli exchange. >> we have

and samsung unveiling its priciest own yet. shares of falling in singapore and a final push for a debt you, shareholders to vote on that restructuring deal. rishaad: let's look at what's going on with jet airways. the trading day starts in mumbai and about an hour from now. they have deferred announcing june quarter numbers to an unspecified date. from you daily. do we know why the company -- joins us from new delhi. do we know why the company postponed its report? saying the companies on it company did not recommend results to the board. comes a time when there are company reports of the even firing some of their employees. chances of the company defaulting on its loans is now at its highest level in almost three years. they decided to not release the results yesterday. this airline has been hit particularly hard, it would seem. the entire industry is struggling against perhaps overcapacity to some extent, but also the price of oil. >> that's right. for the cost structure, it's already higher. top of that, the middle east is o

. >> samsung rolls out its latest smartphone. >> mexico's leader steps down. elon musk jolts wall street with a tweet. investors wonder what he is driving a. >> going private at that level wouldn't make sense. >> when he said funding secured, was funding secured? >> voices in business and policy china in on the hot topic. >> we have seen more pressure on the short end of the curve. >> the market is pricing into higher risk for a financial crisis. >> plus, another deep dive into a deluge of earnings reports. >> we are looking to cut costs, including some stock costs. >> it is all straight ahead on "bloomberg best." hello and welcome. i am michael mckee. this is "bloomberg best," your weekly review of the most important analysis and interviews from bloomberg television around the world. let's start with a top -- a day by day look at the top headlines. since withdrawing from the nuclear deal in may, the u.s. has been turning up rhetorical heat on the government of iran. monday, he raised the economic pressure as well. >> president trump restored sanctions on iran

amazon views food and drink as key to growth. >>> samsung unveiling some cool new gadgets. arjun kharpal has a sneak peek arjun? >> the big launch here was around samsung's new eye popping 8k tvs which they hope will be the future of tv they also spend time talking about the newly released note nine which came out earlier this month a discussion was around the price point. you thought the $1,000 iphone x was expensive, the note 9 costs $1,200 i asked whether we have the top for smartphone prices or if they can go higher. >> i think we have the responsibility of going back to consumers, understanding what their wants and needs are. as long as we're able to surprise them with new features or new products that are fulfilling their needs, i think we can reasonably demand a little bit more. the example is the 512 gigabyte version of the note 9. >> so speaking there a bit about the price of phones and admitted they'll go higher because new features come in think about 5g technology, foldable display technology. i was speaking to an analyst on the ground who said he wouldn't be su

at the macro look themes, samsung shares actually in focus in seoul. it has unveiled an investment plan. in a boost for president moon, who is really trying to shore up the economy, samsung shares weaker. we are watching a steepening of the yougov in japan. there is an important bond auction tomorrow. we heard that the bank of japan had considered raising debt ceiling by .25%. more weaknessbit coming through in the bloomberg dollar index. we saw the movement coming through in the offshore yuan earlier. you have seen commodity currencies rise, suggesting the trade tensions are not really at the forefront of investors might today. anna. anna: juliette saly in singapore. we talked about tesla in our headlines. we were just reporting that elon musk said yesterday that he money-losings company off the market to silence critics. the announcement came via twitter, mentioning a share price of $420, and saying "funding secured." ramy inocencio has the details. ramy: elon musk is thinking about taking tesla private. a better operating environment for the company

six samsung companies are companies just with the samsung name it are in the top 21 in though weightings of the kospi. they make up more than half. tings ofee the weigh samsung electronics alone. the next biggest is sk hynix, which is also a part of the table -- the cahaebol. family-run businesses use their influence at the expense of minority shareholders -- like us. yvonne: thank you. coming up, the yen will weaken another 2.5 percent is the trade war deteriorates. this is bloomberg. ♪ ramy: welcome back. this is daybreak asia. fedne: the pboc and the delivered a one-two punch on friday. on the chinese side, angst will resume given the -- banks will resume given the countercyclical factor when raising rates. tell us more about the significance in this move. >> it is a broad technical move. policymakers are really keen on putting a florham were the yuan is headed. they made it more expensive for banks to short the currency. they advise against heard behavior. -- herd behavior. the losses over the last few months are just enough for authorities to cope with. the message out of jackson

samsung's i-t and mobile communications division reported a drop in earnings... it apparently did not help that the s-9 and s-9 plus included relatively minor changes from their predecessors. to combat this-- samsung says its newest phones-- like the s-10-- will adopt cutting-edge technology... along with new looks or "form factors" and 5-g technologies. samsung also plans to introduce its newest galaxy note phone earlier than it expected... (vicki) ahead at nine... it may take you a lot longer to get your hands on the blueprints for 3-d printed guns... after a federal judge makes last minute changes...hear why so many people are against it... (grant) plus... the desperate search for a missing university of iowa student-- who was born in oakland.... tonight we hear her father's emotional message to find his daughter: (vicki) and up next... a bizzare case right here in the bay area...a man kidnapped for ransom. we'll tell you what happened and who is now behind bars. (vicki) (vicki) now at 9:30.... it sounds like something right out of a hollywood movie...a kidnap

. >>> samsung has just unveiled its new smart phone, the gal ax note 9. it has a larger screen, a standard battery and a souped up s pen. samsung note phones are intended for power ewers, but they also a pree view what we can expect in the galaxy s market >>> baseball fans typically suggest there was something wrong with the umpires eyes right? well, there was something wrong wi >>> fans in chicago definitely got a surprise. you're going to see the umpire here in the dug out with the new york yankees trainer. he's shake his head. it turns out he had a live moth stuck in his ear. it was planning as they pulled it out with tweezers. happened during the ninth inning of the game between the new york yankees and the chicago white sox. and i certainly hope that didn't bug you. have a good day. >> hi, i'm chris harrison, coming to you from las vegas, the gambling capital of the world, where the only sure thing is that today's show is going to be an exciting one, so let's play "who wants to be a millionaire." [dramatic music] ♪ hey, everybody, welcome to the sh

enabled stylus, a camera that tells you if your shot is too blurry plus, samsung is unveiling a big speakerer their version of siri, alexa, et cetera that's the galaxy home also a new watch lots of stuff. we'll have some tomorrow >> yeah, you'll have some to test drive. >> tune in >> remember those new phone days let's get to the "half." >>> welcome into "the halftime report." i'm scott wapner, our top trade this hour, growth spurt, why tech is suddenly surging again and whether the sector's recent comeback is yet another sign that value trade is officially dead here to debate, joe terranova, jon and that is jerian, an the ceo of asset management. the nasdaq outperforming eight straight days of gains pete, tech up again today. 4% blowing everything else out the water. you've got a number of biggest names month to date that are just ripping again >> yeah. it's amazing how strong tech's been and some of the deliveries. we talked about this going into the earnings season, what's going to change the narrative from where we were from the macro things it's financials, et cetera technology, it's acr

t.j.maxx evelyn's playing fortnite on the new samsung galaxy note9. it's the fastest note ever and is now 50% off the lease. everyone is going to want one from sprint. wait, 50% off? my analysis confirms this galaxy note9 is perfect for fortnite. and you've been practicing on a network built for unlimited. you know evelyn, this is actually a really- i won. how? never underestimate the boogie bomb. (avo) switch to sprint and get 50% off a lease on the new samsung galaxy note9 and get the galaxy skin free. boogie! boogie! boogie! for people with hearing loss, visit sprintrelay.com there are roadside attractions. ♪ and then there's our world-famous on-road attraction. the 2019 glc, starting at $40,700. mercedes-benz. the best or nothing. >> jimmy: hi there, welcome back. still to come, johnnyswim. our next guest is a very talented actress. and she'll body slam you from the top rope to prove it. she's an emmy nominee for the netflix show "glow." please welcome betty gilpin. [ cheers and applause ] ♪ >> jimmy: how's it going? i like that outfit. is it