trajectory of china, does it make a difference? is there anything new, trying to give that interest, something to talk about. how is that in us relations? thank you. >> the first question, i think, to try to stop the perceived -- especially this perception that occurred because in washington dc, us/china experts, and you can know, they offer different reasons of explanations, they are not assertive. being assertive because things like philippines, and it is plenty -- and the united states, to understand chinese people or chinese behavior, nothing changed in china policies, treated with a policy like japan in the 1980s. you are right, you can see, try to find -- a big challenge. some structural reasons, to see actually between the two countries, so hard to understand, it is not about that language, they can speak english, they have a high label communication between officials but up and down, past 40 years, it is always up and down, i think i feel the sense that most of the interviews i contacted tried to call for responses, and the south china -- that is showing the passion among ch

#trendingbusiness. the china and hong kong markets underweight in 30 minutes. here is david with a look at what is happening so far this morning. we will be watching to see if hong kong continues this world-beating rally, one of the cheapest across the world if not major markets. quick and fast, that's where we are at the moment. a look at what is happening across asia right now. we are looking mostly at gains. we are pushing towards new one-year highs. malaysia, doing enough to offset the nikkei 225. dollar-yenn to strengthening. morgan stanley, 101.35. brothers, 101.37. that weng ominous given are pushing towards session lows. have a look at australia. gdp in 30 minutes. i rally a cross mining stocks, especially gold -- a rally across mining stocks, especially gold. slight pullback in the price. 12 out of 15 leading the market higher. japan, theut currency-sensitive sectors, they tend to fall when the yen strengthens. autos down 1.5% for that sector. ,ollar-yen at the moment two-day chart, there is your drop after the ism services number. let me bring up my chart for the day. there we go

something new and will help the trend in china, but a lot of companies depend on what happens there. thank you for that. rishaad: some rare good news for prime minister businesses have been upping their spending. >> it seems japanese is this is complied somewhat in the second quarter. economic growth rose 7.1% in the three months to june. that was an upward revision of .201% and did come in above expectations. quarter on quarter gdp was up .2 compared with the preliminary figure of 0%, so flat growth. the revisions reflect new figures on capital spending and construction. private and public spending and stronger than first thought. business spending fell by .1% in the second quarter, above estimates and less than the preliminary read of .4%. this upward revision comes ahead of this month's boj meeting and seek ease pressure as they to revive the economy and stir inflation. >> you look at the japanese economy. this is an economy and a holding pattern. some good developments, bad development's, but not a lot of gusto there. at -- senior economist securities told bloomberg that the doj

and we were told that china was stealing u.s. naval secrets. kevin moberly is one of the first three agents we had on this case. >> it was around 2003 that i joined the fbi, and immediately upon arriving to the squad it was evident our number one threat is china. >> the fbi is calling for your help in identifying chinese spies amid growing evidence that china is now this nation's greatest intelligence threat. >> china is a huge country. a growing country. it's asserting itself. most information worth having is here in the united states. china is our largest counterintelligence threat, easily. what was clear from the beginning was the technology that was at risk was naval technology. >> fbi headquarters, asked ssa headquarters to sent an agent to investigate the information. that happened to be me. the information we bring to that investigation is we understand the technology. we understand the navy platforms. i'm always motivated to protect the navy's technologies. i have that advantage. >> we learned there was a leak inside power paragon, a subsidiary of l-3 communications. most of

. china firing a warning shot at the u.n. china punishing five electric carmakers for skimming $150 million in subsidies. it was an idea of what you think about the top stories. follow me on twitter. getting to breaking news, the interest rate and south korea was one and one quarter half percent. it remains the record low 1.25%. what is the bank of korea saying? it is saying we have pretty much stable forecasts here, and this is probably lied with the economist we have been talking to. more breaking news coming in from the government there. they're suggesting there is an earthquake that could be an artificial one north of the border. sherry, what is going on market wise there? we are seeing asian stocks falling for the first time in four days. it is at the lowest level in almost two months. downealand being dragged by industrial, down 4/10 of 1%. the nikkei has started in positive territory and is negative now, declining for a third consecutive session. the yen is strengthening. 1% --is also down with an more than 1%. have china just opening and about half an hour. take a look at th

festival time. taiwan not online, closed. china closed as well. hong kong closed tomorrow. singapore remaining close. malaysia is flat on the open. we are seeing losses across the region, the sixth session for the regional index, not helped by that makes to lead from wall street. we continue the selloff in the oil market. the nikkei down, the worst performer in our region today. we have seen the again fluctuate a little, a one week low. from severalorts sources that we could see the bank of japan push further into negative interest rate territory when it meets next week. a few stocks we are watching, particularly japan. jumping the most in five years as mitsubishi malls a a tenderfer -- mulls offer. we have seen shares rise by as much as 7%. mitsubishi a little weaker. in australia, commonwealth bank doing well. it has had an upgrade from goldman sachs today. down, this as it posted a full year b. downarket as a whole, way by commodity prices. new zealand on a long losing by .1%, theoff longest losing streak since the beginning of the year. the jobs number coming through at the botto

campaigns against governments and businesses allegedly originating from china. in hong kong in the lead up to last sunday's legislative elections, government agencies were targeted by cyber attacks originating from china. similarly, taiwan has been hit by chinese hackers on a nearly daily basis since the may inauguration. its ruling party has become a frequent target of cyber attacks as part of the campaign to obtain information about the party's policies toward mainland china and its views on independence. in southeast asia, countries with competing claims to the south china sea have faced a string of cyber attacks coinciding with times of heightened geopolitical tensions. furthermore, this july after they rejected beijing's claim to the sea, flight information screens and sound systems in major airports in vietnam were hacked to spread messages disputing. around the same time, many, many key government websites in the philippines were knocked off-line in a massive distributed denial of service attack. the geopolitical implications of such disagreements spilling over to the cyber

shifted attention to threats from nonstate actors. but all the while strong nations such as china and russia did not dampen their global ambitions. we still see evidence of that today as their efforts to project power beyond their borders are provoking tension in the south china sea and in southeastern europe. today's panel promises to pose tough questions. have we diverted too much of our attention away from weighty issues of great power politics. where are the flash points that could turn local conflict into something much more serious what can intelligence officials and organizations do both to better understand these rivalries and best equip our policymakers to address them. second panel moderated by frank is no less provocative, entitled interruptive technologies and digital dilemmas and examine how rapid emergence of innovative and ground breaking technology is a double edged sword. u.s. government and intelligence in particular are at the forefront of our nation's effort to meet this challenge. now, cia and intelligence community have been slow at times to embrace aspects o

at what's happening with china. and they are trying to give us the transpacific partnership now. [crowd booing] >> which will be a total disaster that hillary clinton called the gold standard. barack obama wants it. he is pressing it. it will be -- and i say this, nothing can be as bad as nafta, but it's going to be pretty close. so i just want to tell you we're not approving the transpacific partnership, just another catastrophe. [cheers and applause] our trade deficit, with the world, with the world, all this work, our trade deficit, with the world is almost $800 billion a year. you think we have good negotiators? we have lost 1/3 of our manufacturing jobs since bill and hillary clinton gave us nafta. china is manipulating its currency and taking our jobs. that's called cheating. believe me, i have great relationships with china. done many deals with china. made a fortune with china. have the largest bank in the world, which is from china as one of my tenants. they're excellent and they just renewed their lease. i can't believe it but they just renewed their lease. so lots of

heading to mainland china. >>> and a battle of words. sparring over pyongyang's latest test. >>> typhoon meranti is bringing heavy rains and strong winds in taiwan with some reports of injuries. the powerful storm is moving towards mainland china and authorities there are issuing alerts of a possible landfall. in southern taiwan maximum wind speeds have reached more than 210 kilometers per hour. hit mountainous areas in the east and south. strong winds have knocked down trees and sign boards on streets and authorities say nine injuries have been reported. a temporary power outage affected about 630,000 households at one time. weather officials say meranti is approaching mainland china. they are bracing for the storm. fishermen in southern coastal areas are anchoring thundershower boats. jonathan oh has the details on the storm. jonathan, how will the storm impact the region? >> james, it looks like we're still going to be dealing with heavy rainfall and pretty powerful winds as we go throughout the overnight period into thursday. that's when we're keeping -- that's the time

republic of china's record with council resolutions regarding north korea whether beijing has utilitized any loopholes and what the united states has done. ash carter stated on september 19, 2016 the department of defense are standing 24-7 to defend against the threat with all aspects of extended deter rent capabilities. we must repeat these often to our allies and back them up with actions. we must continue to show demonstrate it will bear a heavy price for any aggression. we must expedite the placement or thadd and the republic of korea and i want to thank our partners and soul and commitment to this capability enlight of the pressure from beijing in moscow. we must build unilateral. including closer high level and joint missile defense exercises. we must explore possibilities to put additional as state sponsored terror, stripping of the united nations seat or global trade embargo. both to guide the actions of this administration as well as set parameters, with that i yield to my good friend and colleague. thank you for calling this hearing. it's been a pleasure to work with

. if you are a c-span watcher, check it out on c-span.org. last year the u.s. and china reached an agreement on cybercrime. computer security analyst discuss the effect of this agreement on attacks coming from china and u.s. china relations. the atlantic council hosted this one hour 15 minute discussion. >> good afternoon everyone and welcome to the new school year. i told my daughter said early this morning walking them to the bus really early. i am john, chair of the atlantic council. we're delighted to have you here this afternoon. today's event, the art of cyber war, cohosted -- are part of the councils theories. a broader effort to examine ongoing affairs and relations. i would also welcome all of those who are watching online. i encourage you to join the conversation on twitter using the # ac cyber. last september president barack obama and chinese president reached an important agreement to curtail commercial cyber espionage. while many initially doubted the effectiveness of the deal, recent reports by the private sector and the department of justice indicate a sharp decline

with saudi arabia and the same thing with china. i have never seen anything like it. they were standing there and would not provide them with the stairs and people were fighting on the runway with chinese officials and what a sign of total disrespect. it's like the iranians running their boats around our destroyers and making crude gestures at our sailors, and it's like that, and you say, how does that happen? like when they captured our ten sailors, joe, and they would not have given them back, but the money started pouring in and they had to give them back because they wanted the $150 billion, and the payment started two days after that, so obviously they gave them back only for that reason, and if it were not for that they would still be there. there's a great lack of respect. what i saw in china where they would not provide staeurirs out air force one was, to me, incredible. >> mr. trump you are known with a great negotiator, and i wonder what you would do about north korea? after this latest nuclear bomb they set off, the latest i read this morning is the north koreans are saying t

having me. >> you bet. >> china's rise on the glonnal stage is reshaping expectations for leadership in the 21s century. the success of future leaders around the world will depend on all understanding china's increasingly influential role. the schwarzman scholarship program seeks to meet that challenge. 110 scholars will begin studies incomes month at-- in beijing. students will engage in a rig rowses one year program and pursue degrees in one of three disciplines. public policy, economics and business or international studies. steve schwarzman is chairman and c.e.o. of blackstone. one of the world's leading investment firms. also joined by three students who will compromise the inaugural class of schwarzman scholars. they are jr thornton, anna beth gellman,-- i am pleased to have all of them here having probably bump erred his name. and i will have him say it at the beginning. you pronounce it for me. the way that your parents say it. >> it's-- . >> rose: welcome. so tell me how this idea came to you. i mean some say it is modeled on the rhodes scholarship but how did the idea come

think it's fair to say that china, russia, the united states share concerns. >> very much concerned. we will send this message very strongly. >> u.s. president barack obama spoke over the phone separately with the leaders of japan and south korea. he stressed commitment to his allies and promised to continue talks to ensure provocations are met with serious consequences. in a statement south korean president park geun-hye called it proof of pyongyang's recklessness and said it would only lead it to further isolation. north korea's state run television announced the news with a statement it said was from the scientists involved. >> translator: we, the scientists and technicians at the laboratory, conducted a nuclear test at the northern testing site to determine the force of a newly developed warhead. it was carried out successfully. >> seismologists around the world first detected the test friday morning when they observed a tremor. the u.s. geological survey described it as an explosion. the north has conducted nuclear tests in the same location every few years since 2006. this was

. ♪ rishaad: we will be in the, singapore, and sydney this hour. alarm bells ringing in china, banking stress hitting a record. three times higher than the accepted danger level. listed noble group looking for investors, saying profit could be two years away, the stock has lost 90% since 2011. samsung selling assets to fund the note seven recall. right. you can let us know what you think of our top stories. follow me on twitter at @rishaadtvand include #trendingbusiness. playing catch up when it comes to hong kong and shanghai. markets closed on friday. singapore, taiwan, malaysia coming online. had a dramatic morning with the technical issues plaguing the asx. in anession was placed enquire state. the technical issues have been resolved, and we are expecting an open at half past the hour. we will be watching that. taiwan,e, the open in up by 1.5%. the straight times opening flat, malaysian stocks up by .5%. seeing modest gains. the new zealand market not moving much. but really the focus for global markets is the central bank bonanza happening this week, the fed, the boj, a plethora o

what we are watching. mobile pmi data. china's gauge has hit its highest level since 2014. we are going to venue the numbers out of europe, including post-brexit manufacturing. how big will the impact be? banks disrupted. john cryan calls for the -- ubs chairman takes to the stage in frankfurt. for will his solution be european banking sector struggling to find stability? a doubling down on duration. billionaire investor bill gross calls for two rate hikes from the fed as soon as march. will september be worse than august? good morning. welcome. where less than half an hour away from the market open. let me take you to the bloomberg and show you where the open is going to be. we think it is going to be a positive one. a ftse that is up by .5%. a cac that is up by .3%. a similar number for the dax. let me take you around the world with the gmm, show you what is happening. these are the markets that are opened. hong kong is up by .7%. singapore, higher. a move in the austrian two-year, keep an eye on that. the australian dollar is up by .2%. zinc is higher. led are hot -- lead is higher.

stability in china as the manufacturing floor grows to the highest level in two years. crude around $47. >> investors await the u.s. jobs report and what it means for the fed. i am yousef gamal el-din in dubai. angie: i am angie lau in hong kong. welcome to markets middle east. what are you looking for today? oil prices taking a bit of a break after the steep declines we have seen in 24 hours. it is all about the inventory. this is what happened overnight. let me show you this chart that outlines the latest data from the eia that showcases the struggle to cut through the overhang in terms of supply. 8t actually increased by 2.2 million barrels last week. that means inventory stays at the highest seasonal level in three decades. the forecast bloomberg had for 1.3 million barrels. we have been in a bull market since august 18. your reference line is the wti oil price. also weighing into the conversation is the comments by the saudi energy mnister, saying they are not looking to flood t he market. the oil tells a different story. angie: the saudis are here in asia as they signed deals

should not on wood but i feel like it will be really special. emily: what about china? this is a question that netflix is being asked all the time. ♪ emily: there are more scripted tv shows than ever before. there are also more canceled tv shows than ever before. are we in a tv bubble? david: i don't really think so. a bubble implies that there will be a puncture and we will be down 25%. i definitely do not see that. it is possible to not succeed. microsoft, yahoo!, they went in and they went out. they decided after a certain amount of investment, it is not for us. there will be other people and there will be shows that fail. that said, it is robust. the demand is there and the desire is there. we are in expansion mode and i don't feel like we have too much. if you ask a showtime subscriber, they wouldn't say we have too much. they would say, give me another show. emily: is it scary that amazon can make a hit original show? david: anyone can make a show. whether it is a hit or not, we don't know until we know how to people are watching. emily: like transparent. we don't know ho

headquarters. >> holly williams: in the remote hills of eastern china, this is a magic kingdom that not even walt disney could have dreamed up. it's called hengdian world studios, and at over 7,000 acres, it's the largest film lot on the planet. you're going to use hollywood directors, hollywood stars... >> yes. >> williams ...to make english- language films to compete with hollywood? >> yes. >> williams: and make global blockbusters? >> yes. i think we'll be doing it in the next one or two years. >> i'm steve kroft. >> i'm leslie stahl. >> i'm bill whitaker >> i'm david martin. >> i'm scott pelley. those stories, tonight on "60 minutes." >> cbs money watch update sponsored by club: >> good evening. fuel supplies in five states are threatened by a gas pipeline spill in alabama. on tuesday the c.e.o. of wells fargo testifies about two million unauthorized accounts the bank had opened. and a letter abraham lincoln wrote to his first fianceeÉe sod for $100 million. ♪"all you need is love" plays my friends know me so well. they can tell what i'm thinking, just by looking in my eyes. they

southern taiwan, the northern philippines, and southern china from wednesday through thursday. taiwan's weather authorities forecast 500 to 800 millimeters of rain in mountainous regions of the island. some boat services to the islands on wednesday have been canceled. >> this is a very powerful storm system, moving through the luza shelters. robert speta has more on the storm. >> this is a powerful and dangerous storm, one for the record books here, moving through the luzon strait. you can just see the size of this. tropical storm strength winds from northern taiwan towards the south. winds right now, as we mentioned, up and over 300 kilometers per hour. absolutely intense. that's as violent in intensity. this is just going to be clipping the southern coast of taiwan and shifting off to the northwest there and around fujon province. it could be one of the strongest storms in recent record to impact this specific area. a very dangerous outlook. back to the southeast, one key thing, we had a pressure of 890, to put that in perspective, typhoon haiyan several years ago, had a pre

effort to convince the neighbors, is particularly china that this is not just a u.s. issue. herenk we have an opening that we have not had. for the last several years that i intend to do everything i can to take advantage of. we are also going to support and equip our allies in the region with a missile defense system that they require to protect themselves. that is not something that you did the north koreans or the chinese or russians are particularly pleased about. but what is the alternative? anyone who is an ally of ours be threatened. we are not going to let north korea pursued a nuclear weapon with ballistic missile capacity to deliver it to the united states territory. line.s a bottom they want to assist us in the effort, we welcome that and we will engage in intensive discussions as soon as possible. >> you put out a statement earlier today saying you support president obama's call for additional sections on north korea. they have faced sanctions for your and it has not stopped them from moving forward. how will a few more sections help and would you consider the kinds of neg

♪ >>> the tibetan plateau makes up one quarter of china's land mass. the region spreads across the southeastern portion of the plateau. at the center is lattah. its name is tibetan for sacred place. rapid development has brought dramatic changes to the city over the past ten years. development has also radically changed the local environment and the way residents live and work. many people have moved here from outside the region to take advantage of new opportunities. in this episode, we'll offer a rare inside glimpse of this ancient tibetan capital. more than 3500 meters above level in the heart of the tibetan autonomous region. it plays a central role in tibetan buddhism and watts once the capital of tibet. the breath taking palace is a world heritage site. the palace has an area of 13,000 square meters and some say it has 2,000 rooms. it used to be the moment home of the dalai lama, the country's spiritual and former political leader. nearly 13 million tourists visited the region in 2014. 90 percent of them were from other parts of china. foreign nationals need special permissio

in record numbers and hong kong's latest test of anti-china sentiment. liveis "daybreak asia" from bloomberg's asian headquarters in hong kong. let's look at how things are shaping up. new zealand, training flat. the kiwi dollar looking like this. we are counting down to the open's in australia, japan, and korea. a turnaround in most commodities in the last session. gold and oil bouncing. we have a big week for australian stocks. from glenndecision stevens at the rba before second-quarter gdp. they are not expected to move off rates at a record low of 1.5%. the previous quote on the asx 200 down, the aussie dollar looking like this. this is how japan is looking. , akei futures looking flat little upside at the moment. hhighs,off its intraday .10% there. a public holiday in india, no trading in that market today. g 20 winding, the down in china, world leaders warned of a populist backlash against trade threatening the fragile global recovery. good to have you. tell us about these warning shots that are being fired. good morning. makers are growing increasingly concerned about the pr

issues. that comes amid growing concern about china's increasing activity in the south china sea. >>> president vladimir putin's the two ministers agreed to cooperate e and deal with other humanitarian issues regarding the north. these issues include north ko a korea's past april ductiobducti. in responding to north korean affairs, is two natioions shoul strengthen future oriented relations and implement the agreement in december with pledges to finally settle the issue. >>> chinese and russian navies have taken part in a joint landing drill off china's province. it was part of an eight day exerercise in thee disputed sou china sea. china's state run media says the drills will end on monday. in july, thehey saw the claims most of the south china sea dismissed by an arbitration tribunal in the hague. the case was filed about it philippines. since the ruling, china has been trying t to avoid becoming isolated in the region. it's demonstrated williness to ho talks with southeas asisian naons including the philippines. ththey belve officialslsnd media coveverage of the e drill to sh

to china and laos. for his departure, the chinese did get him a shiny set of stairs, fancy stairs, so maybe it's all, you know, well and good. that does it for tonight. we'll see you again tomorrow. now. >>> it's time for the last word with lawrence o'donnel. lasenger that i'm working at the moment. >> clearly you're unfit to be president. >> my cough suppress ant. >>> today donald trump was asked about what he would do as commander in chief, his favorite former general michael flynn asked those good questions and donald trump didn't answer any of them and that was perfectly okay with general flynn and donald trump's audience. >> his whole campaign has been one long insult to all those who wore the uniform. >> you have illegal immigrants that she wants treated better than veterans. >> he has no clue about what he's talking about. >> wouldn't it be nice if we could get along with russia. >> he has a bizarre fascination with strong men and authorityian leaders. >> he says he has a secret plan to defeat isis. >> we are going to solve the isis problem. >> but the secret is, he has no plan

weakness, kiwi on the way out. -- way up. china,: g-20 summit in leaders warning and being warned that are rising tide of protectionism is affecting growth and recovery. who is making these comments? everyone from the imf to the wto to the oecd, policy makers are using the g 20 summit as a venue to voice those concerns over rising protectionist measures around the world. i spoke to the oecd head as well as the wto head, and they both warned about the negative impact of protectionism. take a listen. a trade is no longer locomotive of growth. lagging likeally investment, so no surprise why the world economy is only growing at 3%, even below the rate of growth pre-crisis. >> trade in general is a positive for the country. deal with those forces of unemployment with anti-trade measures. you will be shooting yourself in the foot. christine lagarde has warned that we could see the lowest growth year since the global financial crisis. of the g-20 communiquÉ obtained by bloomberg did mention that leaders will talk about the equal importance of fiscal policy and monetary policy unordered

asia pivot to counter the aggression from china. this incident highlighted the challenges obama faces as he prepares to leave office. the tpp hangs in the balance of uncertainty. putting u.s. credibility on the line. we also have an ally in the philippines causing destruction as you see in duterte, while china is being aggressive. not everything obama may have hoped for. rishaad: thank you for that. talking about the philippines. serendipitously, breaking news from inflation numbers there. a benign picture. move. 1.8%, a 1/10 of 1% slightly more benign than july. it is below the target of their central bank of 2.4%. cpi up 2%. let's have a look at what is going on with brent. this fell shy of agreeing on an output freeze. this is flagged as a significant announcement. in fell shy of delivering. a significant announcement that initially excited and then disappointed. they routed by more than 5% then defaulted after the saudi energy mnister said there is no need to cap production and the market is improving and he said the two countries will hold further talks in algiers later thi

, pushing forward despite international sanctions and nearly universal condemnation, even from china. throwing all of that by the wayside and aggressively growing these weapons programs at a pace far faster than any analysts have predicted. >> alisa, you are joining us from geneva switzerland where secretary of state, john kerry, is negotiating with russia on a syrian peace deal. what is the obama administration trying to do about this situation. >> reporter: wolf, obviously, as will said, there is a growing concern about north korea's increased weapons programs and capability and provocation. within hours of the nuclear test, president obama was on the phone to south korea president pack, japanese president abe. they were already headed to the region to discuss north korea's program. they are calling that u.n. security council meeting today. you remember in march, the u.n. security passed the most biting sanctions against north korea. their behavior has only worsened since then. not really sure what kind of options the u.s. has with the u.n. security council. a lot will be about con

be gone in 10 years. ruggiero: the problem begins very simply wiwith dememand. narrator: and china drives the demand for ivory. knights: china now is estimated to be 70% of the world's ivory market. there is a tradition of ivory carving, but also, of course, the massive growth of the chinese economy. narrator: around 300 million people make up china's middle class today. that's more than the population of the united states, and they are looking to spend their money on luxury goods. ivory has particular appeal because of its long history in china. it has been carved there for more than 2,000 years, expressing many core chinese cultural and traditional values. knights: i think in some cases, people are speculating that ivory is almost like a currency that they can invest i in fofor the future. alie: you walk through beijing and in some of the stores you see ivory mantelpiece, exquisite carvings going for like 50,000 u.s. dollars, 60,000 u.s. dollars. knights: but in addidition to that, you have thihings like chopsticks, bangles that people wear, small carved items. all these things a

fourth consecutive year of oversupply. demand from china and india weekend in the third -- weekend in the third quarter. angie: thank you. looking ahead, the outlook for oil. why a price recovery could be still a fair way off. becomeup next, japan has one of the riskiest places to hold a portfolio. we will ask why. this is bloomberg. ♪ angie: the offer may sweeten for monsanto to create the biggest seat and pesticide maker. sources say they're willing to raise the bid to 129th dell -- $129 a share. monsanto's board is to discuss and potentially approve the bid on tuesday and an announcement may come at any time. the talks could also collapse. plans to accelerate expansion in china and will open its first store in india. it aims to boost sales by almost fivey opening for to chairs. sales through august were more than $30 billion. ikea once to top $50 billion by the end of the decade. the atlanta fed president dennis lockhart. down in february after 10 years. janet yellen and never dissented from the majority. monday, he said higher rates should be discussed at next week's policy m

facebook is china. you guys have found a way to penetrate china. how -- how would you rate your progress in china? do you feel like you've cracked the code? do you feel like there's a lot more work to be done there? jeff: i would hardly suggest we've cracked the code. china is a very challenging market. a highly competitive landscape. and it certainly exceeded our expectations. we were up to 18 million members we started roughly a year ago. we had amassed roughly 4 million members in english over 10 years. so we have seen that substantially grow by virtue of localizing our core offering. in terms of our core businesses, talent solutions, marketing, etc., there is a lot of room for growth as well. it is still in the very early days. we have been focusing on getting the membership experience right. we are pleased where we are but there's still a lot of work to be done. emily: you've mentioned you had to make compromises in china and you had to ask users to censor themselves based on what the chinese government wants to see or hear. how do you actually navigate that process? how often has t

never repeated. >>> china has been facing increasing pressure to help thwart pyongyang's nuclear ambitions. the country is north korea's neighbor and major ally. earlier ross mihara spoke with nhk world's daisuke azuma in beijing to find out how china is responding. >> daisuke, how are chinese authorities reacting to pyongyang's latest actions? >> foreign ministry officials here say china is resolutely opposed to north korea's latest nuclear tests. and they say they'll lodge a protest with the north's embassy but they haven't mentioned any further moves to rein in pyongyang. >> translator: china urges north korea to comply with u.n. security council resolutions and to stop taking any actions that will make the situation worse. >> many in beijing are also upset with the timing of the pyongyang missile test earlier this week. the north fired three ballistic missiles monday, the same day that china was wrapping up the g20 summit. president xi jinping had told south korean officials he opposes their plan to deploy an american missile defense system but pyongyang's latest actions give

. >> the launch came has g-20 leaders met in china, the north's main diplomatic ally. the missile was medium range. the usc condemned a series of missile launches by north korea and the latest statements came out just three hours after their meeting, faster than those in the past. washington and seoul are making moves to try to counter pyongyang's threats. they have reaffirmed the importance of deploying an advanced anti-missile defense system to south korea. u.s. president barack obama and south korean president met in laos. after the talks, obama said the two countries are working together to ensure their readiness against any threats. >> i want story affirm our commitment to the defense and security of north korea, including extended deterrence is unwavering. >> obama said the deployment of the high altitude defense system is purely defense. the system can shoot down missiles at higher altitudes than the units currently stationed in south korea. chinese officials are expressing strong opposition to the planned deployment. they fear is radar could be used to spy on their military. s

: here is what we are watching for you this morning, debut day for china's postal savings bank, listing in hong kong. erases losses ahead of opec talks. saudi arabia says it is unlikely to freeze production today. elon musk planning a human colony on mars with tickets at $200,000 a pop. you can let us know which you think of today's top stories by following me on twitter. don't forget to include #trendingbusiness. today, butins close singapore, malaysia come online. here's a look at what is happening so far this morning. counting downre to the biggest ipo we are likely to see this year, china postal savings bank at the bottom of the hour. have a look at malaysia and singapore, both up by .1%, so a little upside to the asian markets. we are weighed down by the , japanesef by 1.3% equity stocks rallied monday post-presidential debate, so we have factored in that rally on the back of the presidential debate with markets perceiving hillary clinton as the winner. we are seeing the yen back in favor today, so weighing on the nikkei. in japan 1000 stocks with the dividend as well. we are often

out of china. interview, the most powerful woman in french frexit, talks brexit, and the country's upcoming general election. ♪ anna: welcome to countdown. i'm anna edwards. it is 6:00 in london this tuesday morning. let's talk about what is happening in markets. the fed's brainard speaking overnight, talking about what she sees as the case for really pausing and not hiking rates in september, purging them -- urging them with less urgency which is really setting the agenda for markets. we will look at the u.s. equity session yesterday, pushing equities little higher. the story in asia is a little more complicated, some markets were closed previous day so there is not a downdraft from previous bouts equity market nervousness. is not. features quite like yesterday's trading picture so that is taking the edge off the asian trading day. we have the aussie dollar at light of the chinese data out in terms of the retail sales numbers, the factory output numbers. all of that looking better than estimated, but the australian dollar is looking low. the aussie dollar has not decreased as fa

which occurred days after the g-20 summit in china. president obama called for serious consequences. joining me is richard haass, president of the council on foreign relations. once again, i am pleased to have him back at this table. welcome. >> thank you, charlie. >> rose: how serious is this? this is arguably the number one national security threat d possibly facing the nextrs president of the united states. >> rose: why? s the the most closed, most militarized society on the face of the earth. it's committed in some ways a slow motion genocide against its own people. it posed a conventional military threat for decades, as you know. still have the old world war ii, if you will, borders on thecine peninsula, the division at the 38th parallel and, now, on top of it all, you've got a fast-growing nuclear program, not just a nuclear material but as you said in your introduction ballistic missiles that can belawnched from a number of platforms from land and su submarines and they're working hard on shrinking the size of the warheads, so i think it's a question or when and not if we wak

be fueling to change your portfolio? concerns over slowdown in china have hampered markets for months now, but there are signs that times, they are achanging. sifting through the facts to find the top ways to play a potential turnaround in the people's republic. one thing you can't miss, the ceo of cisco comes here to talk about cyber security, the internet of things, and a whole lot more, including a nice yield. that's ahead. stick with cramer. >> don't miss a second of "mad money." follow at ae jim cramer on twitter. send jim an e-mail to "mad money" at cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to "mad money".cnbc.com. our mission at clover is to create the best tasting, highest quality dairy products. clover has relationships with 27 different family farms. the environment is who clover is. without it, we're nothing. pg&e's been a great partner. they're the energy experts, we're the milk guys. pg&e worked with clover on a number of energy efficiency projects to save energy every month. if you're part of the fabric of the community, you've got to ensure that

markets. but there is one industry that is not suffering: the movie business. for china and its 1.3 billion people, going to the movies has china is expected to become the biggest movie market in the world in the next two years. well, unsurprisingly, hollywood has taken notice, partnering with chinese studios and making blockbusters as much for the chinese audience as the american one. but as holly williams first reported last april, the u.s. film industry is also facing competition from a new generation of chinese moguls and movie stars with big ambitions. hollywood, rising in the east. >> holly williams: in the remote hills of eastern china, this is a magic kingdom that not even walt disney could have dreamed up. it's called hengdian world studios, and at over 7,000 acres, it's the largest film lot on the planet. a palace for every dynasty, a village for every era, where last two decades. these sets aren't flimsy facades, but full-scale brick and mortar replicas of china's imperial past. and when the films wrap, a brief silence, before the sets are flooded by 15 million tourists w

question is, "what'd you miss?" scarlet: we take a look at china and the fed. joe: and we bring down donald trump's economic speech today. matt: and we dig into a new bloomberg acquisition. it looking at index solutions, what of the most important in the fixed income world. scarlet: we begin with the market minute. the dow moving another triple digit, up by better than 150 points. u.s. stocks gaining more than 1% overall. and all 10 groups in the s&p 500 gaining, this is even as retail sales disappoint. joe: and we will have a 1% move in the s&p 500 for the fourth time in five days. matt: everything is gaining. take a look at the map, there is a sea of green. real estate is the smallest winner. of only .5%. industrials on the rear. but telecoms and health care all are up and there is optimism about apple and of the new phone. , you can seen weib that the doubt is showing all 30 -- dow is a showing all 30 stocks up on the day. and the nasdaq, as well. of biggest gains, the least the three major indexes. joe: a quick look at the government bond market, quieter today. we saw a decline f

#trendingbusiness. china and hong kong online in 30 minutes. we have a look at what is happening. it is mixed after that exuberant rally. >> the nikkei is not playing along. the holiday just ending in into negative territory, down .2%. still, emerging markets across the world are seeing huge inflows. than $20 billion of inflows in the last 16 weeks. on a tear.os take a look at this chart. couldiwan stock exchange pass its $1 trillion mark for the first time since june last year. taiwan semiconductor leading those gains. taiwan semiconductor is an apple supplier. record highs on the new sales of iphone models beat estimates. company has an 18% weighting in taiwan. a big gain for the taiwanese market there, helped by taiwan semiconductor. 30 minutes before the open and china and hong kong. we are expecting the markets to gain slightly. the shanghai composite has gained in the last two sessions. haidi: japan missing out. markets are calling the boj's bluff. are going in the opposite direction from what policymakers wanted. david, what is happening now? opposite ofomplete what they wante

washington approach this region? one central task is obviously to prevent china from dominating it. that job has been made somewhat easier by beijing's recent expansionist moves, especially in the south china sea, months that have alienated other countries. china is not the soviet union, but rather the most important trading partner for every country in asia. until recently the state department's top asia man, is to bolster asia's operating system. in other words the arrangements that have built peace and prosperity in asia for decades, like free trade, freedom of navigation, multilateral groupings and institutions and the peaceful resolution of disputes. the most important of these right now, campbell notes is trade. the transpacific partnership is -- it boosts growth, shores up american alliances, sends a powerful signal to china and as president obama points out, writes the rules of the 21st century in ways that are fundamentally pro american. without it expect china to begin drafting those rules in ways that will be very different very soon. yet the tpp is under assault from every co

joins the imf. the china and hong kong markets get underway and 30 minutes, but singapore, taiwan, and malaysia are online. juliette: it has unraveled. seen negative sentiment flowing through from wall street. it is all and the red at the open and asia. the asx 200 down 1% after gaining for two consecutive sessions. falling, down almost 1% as well. the nikkei losing 1.6%. we had some industrial data out of japan showing that industrial output rose 1.5% month on month in august. that beat as to men's. not to mention the boj statement toing that the boj will try look at the yield curve control at every meeting they have. still, japan consumer prices fell for a sixth consecutive month. all sectors in the red right now. financials leading declines, falling more than 1%, 2.4%. this is despite the fact that the yen has been weakening. it has seen its longest losing streak in almost a month there, losing ground now for a fourth consecutive session. we had some boost for the yen after we heard that news from the financial sector in the u.s., concerns over deutsche demand for safe havens,

official statement on the one issue worrying most countries. china and its claims in the south china sea. more heat for turkey. germany's government and size turkey over its treatment of the team of dw's conflict zone program. we will tell you what was said today. ♪ brent: it is good to have you with us. the syrian opposition activists have outlined their plan for a peaceful transition without the president. the plan comes ahead of talks between the eu, u.s. and other regional powers in london. but with russia not at the table , the opposition's key demand remains in doubt. all reports starts tonight in the city of aleppo, where an alleged chlorine attack has left one person dead and dozens injured. reporter: nothing but rubble is now this neighborhood in the city of aleppo. helicopters dropped bombs over the rebel-held area. many allege the syrian army used chemical weapons against civilians. >> the bombing caused great destruction and the barrels contained chlorine. we had lots of cases of suffocation. many children were affected. there are no military barracks here. reporter: in

japan will go. a runaway housing market poses a challenge to china. the boom may push money overseas, putting pressure on the yuan. i bet on a dummy trump presidency. donald trump's presidency. why they could take the shine off gold. david: i'm watching what is happening in the markets. have a look at the asia-pacific. volumes are quite thin. some of these moves are getting exacerbated by what is not happening when it comes to that metric of the market. s&p futures just turned negative. 60% stocksoking at across the asia-pacific on the way down. 20% on the way up, the rest unchanged at the moment. as we move into midday, where looking at session lows right now across asia-pacific. second straight day of the benchmark. let's flip asset classes and look at currencies. the dollar regaining earlier ground that at lost. the aussie dollar on the back foot here. dollar-yen just under 101 for the most part this morning. have a look at sterling. 129.81. very near the three handle, the turkish lira on the back of the downgrade from moody's. angie: thanks. oil paring its biggest drop i