welcome to "daybreak: asia." our top stories this hour, the coronavirus marks another grim milestone, 2 million people have been confirmed with the infection around the world. graces on to find treatment and to allow normal life to return. woes keep piling up for softbank. the company now forecasting a massive loss for the year ending march as investments go south. shery: let's look at how the nikkei and the topix are doing right now. we are seeing some upside for the nikkei, gaining .5%. the japanese yen continues to strengthen, after we saw the best day in two weeks for the japanese yen on safe haven demand. we are getting the latest lines out of the nikkei, -- the japanese new caper -- the japanese newspaper saying softbank is freezing division its visionreezing fund 2. we're keeping a close eye on what happens to softbank as we continue to see the losses now managed to $12.5 billion as we can -- continue to see the startups backfire. nikkei saving they -- saying they have frozen their bid on two. take a look

this is bloomberg markets: asia. on, firmlyt is risk in the money as we await the decision by the boj. me this ecb, and fed week and growing pressure to support slowing economies. also in focus, a big earnings we can asia, 600 companies out with numbers. 225, up more than 2%. we have the's, pretty flooded. the boj set to increase its asset purchase as the economy slows. the question is, it will twounce unlimited qe prevent bankruptcies. in other markets, the csi 300 index of 9/10 -- .9%, the hang seng up 1.5%. some reports suggesting hong kong is considering easing some social distancing measures if new virus cases remain low. the asx 200 index, currently up .3%. some good news last week on the virus hunting hong kong, three days last week where we saw no new infections. the rest of the markets, we are still watching oil markets and we talked about how it has resumed its slide. with wti, back to around 15.89, off of session lows, but there is still the whole worry of demand destruction, storage capacity that continue

again but social distancing measures will stay in place also coming up a gloomy economic outlook for asia the international monetary fund says they'll be 0 growth in the region for the 1st time since the $960.00 s. because of the coronavirus. her olympic dreams have been boxed in for now but this tunisian fighter is doing all she can under lockdown to prepare the postponed games next year. hello i'm terry martin good to have you with us germany is preparing to gradually reopen its schools and allow smaller shops to resume business chancellor angela merkel announced measures wednesday after consulting the leaders of germany's 16 states many restrictions will remain in place however as the country continues to fight the coronavirus pandemic chancel said the country's efforts to contain the outbreak had been partially successful but that the situation remains fragile. it's been 3 weeks since chancellor angela merkel announced the initial restrictions on contact now have been largely extended social distancing rules will remain in place until may 3rd groups will remain limited to 2 people and

the crossing point to asia and the holy land. and almost all the world alex is called then again well above all but no death. well. and. then he. would. look so. we. have whatever that we had. and then you know even. the crusaders who cross the bosphorus now found themselves marching in territory controlled by hostile forces principally the muslims so jukes. a few weeks after they landed in asia minor. they fell into a well set sent. in a short path of the fast majority of the 20000 crusaders were slow to. you name me gen at the if you had. better luck this will have. been a didn't see me. but while the on discipline drabble of the people's crusade were meeting a tragic end in asia minor. another wave of the holy war. the nobility of europe was gathering stronger larger and more organized on. armies that would go down in history as the 1st crusade. an extrajudicial killing in a north african capital. i heard someone breaking into our house think of. that i heard people shouting i saw 4 masked men and only their eyes and hair was

asia's major markets just opened for trade. welcome to daybreak asia. our top stories this hour, asian signss, investors seeing of hotspots cooling as the s&p 500 closed at its highest levels in's march 13. samsung beating estimates for the virus ravaged first quarter. chip demands held up as more people are working from home. a state of emergency in japan. a trillion dollar stimulus package. the prime minister, critics say, has been slow to respond to the fallout from coronavirus. shery: japan, south korea and australia coming online. we have seen japan gain for a third consecutive session with the nikkei rising 1.7%. rising a must as much. the japanese yen under pressure against the u.s. dollar. we are seeing a stable japanese yen, about 109 level. we have seen better than japaned data out of including cash earnings and household spending. also better than expected out of south korea, the current account balance surplus coming in at a much better than expected higher number and a rebound from the previous month. the kospi, gaining around 2% is right k

africa at about 23% and south asia with a negative 22%. the world bank says remittances to low and middle-income countries reached a record $554 billion last year. it says that studies show remittances have contributed to alleviate poverty, improve nutrition, boost spending on education, and reduce child labor. the world bank says effective social protection systems are crucial in both developing and advanced nations to safeguard the poor and vulnerable during the crisis. >>> south african president cyril ramaphosa has announced that his government will relax a nationwiwide lockdown and rereo the economy in p phases. >> while a a nationwide lockdow is probably the most effective means to contatain the s spread e virurus,t cannnnot be sustained indedefinitely. our people need to eat. they need to earn a living. >> the government is expected to allow the resumption of operation for mines and some manufacturers on may 1st. these sectors are considered to be essential in terms of securing foreign currency and creating jobs. the government says

asia's major markets are just opening for trade. welcome to daybreak asia. asian markets are facing an uncertain session after reports that a leading coronavirus drug has tested poorly. slow recoveryits after a wild week. traders are still concerned about the swelling global glut and the lack of storage. relaxing virusrd lockdowns. told it is too little, too late. straight to the market action with sydney and tokyo coming online. sophie kamaruddin. sophie: the movement in tokyo. the nikkei 225 lower. this is the economic outlook growing dimmer. place at then boj's upcoming policy decision. we did get data showing inflation slowing again in japan with a collapse in oil adding to the drag. the reaction seen in the end. -- yen. we are still watching the korea open as well. take a look at the kospi which is down 4/10 of 1%. we have seen korea first quarter gdp numbers drop the most since 2008. we are still watching out for more earnings out of south korea including those of cosco and kia motors. the asx 200 holding steady as we see the aussie dollar supported by

we are counting you down to the start of trading in asia. our top stories this hour, asia-pacific markets are expected to follow wall street down after u.s. stocks slumped the most in three weeks. s&p 500 falling more than 3%. and oil recovers in early asian trading after another epic collapse, slumping demand, and a global glut. global virus infections tops 2.5 million with more than 175,000 deaths. u.s. cases climbed 5%. their biggest increase since april 10. it's get you started when it comes to the state of trading in asia. we are setting up for this wednesday's session. sophie kamaruddin in hong kong for us. sophie: we are seeing mckay futures edge slightly higher with s&p e-minis expecting more eruptions in the region after asia was led lower by india on tuesday. earnings adding to that drag. the yen just holding steady in the face of a stronger dollar, which is trading at a two-week high and gold just resuming gains with spot prices up 11% this year and bank of america is bullish on bullion, raising its cold 18 month target to $3000 a

is it because people in asia wear face masks much more? the truth is, right now, we simply don't know. rupert wingfield—hayes in tokyo ending that round—up from asia. doctors are having to make difficult decisions about whether to continue cancer treatment for some patients due to the coronavirus pandemic. chemotherapy weakens the immune system potentially putting some people more at risk of covid—19. the clinical lead for cancer care in england admits there is a huge pressure on resources but says the nhs is finding new ways of delivering care. it comes as new cancer hubs involving public and private hospitals have been launched to carry out urgent surgery. our health correspondent lauren moss reports. battling coronavirus is the biggest challenge the health service has ever faced. and while cases of covid—19 climb, routine care for many cancer patients has been affected. roisin has incurable breast cancer. but her chemotherapy has now been suspended for three months because it puts her more at risk from the virus. it's terrifying

they used by medics can slow the spread of in fiction we look at differing attitudes in europe and asia. also coming up as india struggles to enforce a nationwide lockdown thousands of day pour out of cities as with dries up. i'm anthony held welcome governments around the world a scrambling to find ways to limit the spread of the coronavirus many have imposed restrictions on people's movements italy is in its 4th week of strict nationwide lockdown while this might be helping in the fight against the coronavirus it is also bringing the country's economy to its knees with people losing their jobs and earnings fears a mounting that in italy dissatisfaction could quickly turn into an wrist. italy's streets empty like they have been for the past 3 weeks. police are on patrol to ensure citizens only leave their homes when strictly necessary. the lockdown has altered daily life in italy and brought the country's economy to a halt all non-essential businesses have had to shut down many people have lost their jobs or have seen their salaries cut some are now unable to afford even the basics of

i asked him why the country was so ill prepared despite seeing the pandemics catastrophic impact on asia and europe here's his assessment well part of the answer you could see in today's press briefing so was today 2 months after the 1st case of coronavirus was diagnosed in the united states and today president had his exports inform the public about flattening the curve a practice that's been in place or all the world for quite some time so the u.s. is lagging behind in responding to the virus they started very late with testing this is very crucial so we went from hardly any cases to up to 180000 which is the latest just within 2 weeks and now the u.s. is simply struggling to keep up. well let's take a look now at some other coronavirus news from around the world nearly 860000 people have been infected worldwide and more than 42000 people have died united nations secretary general antonio said the pandemic is the worst global crisis since world war 2 and cold for a stronger coordinated response ethiopia is proposing parliamentary elections set for oldest juta the pandemic and a 12 year

. >> reporter: the virus wasn't just spreading to east asia. thousands of travelers were heading to the united states, too. >> most of the travel came into california and san francisco and los angeles. also into new york city. and we analyzed that way back on december 31st. our surveillance system that picked up the outbreak of wuhan automatically talks to the system that is looking at how travelers might go to various airports around wuhan. >> reporter: so when you see that map, you don't just see flight patterns. >> if you think of an outbreak a bit like a fire and embers flying off, these are like embers flying off into different locations. >> reporter: so in this case, that ember landed in dry brush in new york and started a wildfire. >> absolutely. >> reporter: dr. kahn told us he had spent the better part of a year persuading the airlines to share their flight data for public health. nobody had ever asked that before. but he saw it as information gold. >> how is it that someone knows 16 b, that seat is available, but 14 a has been taken?

they would listen people got angry with me they were like the american media was a like 45 days behind asia i have friends in saigon in taipei you who are not locked down there going to work you know they haven't missed my daughter in taipei hasn't missed any time so this blaming china reparations you know maybe we could start at the beginning you know there's 3000000 dead people in southeast asia because of this flying off the aircraft carriers in the south china sea and by i mean vietnam we could start with reparations there one 3rd of laos has so many american bombs on it they can even use it i mean let's get real and let's work together as a world here. you know well that would be great and that would be the most important takeaway from this pandemic is to work together but what we've seen is just the opposite we've seen it's every man for himself and that's very disquieting brad let me come to you. it's part of my profession i watch a lot of american cable news and look at the major broadsheets and number one their knowledge of china is very very poor. this gives me an opportunity to p

facemasks for years they've been part of daily life for many in asia and now for parts of europe they're about to become say to our streets decision to make it compulsory to wear the masks in supermarkets sparked a debate in neighboring germany. the town of you know has now become germany's 1st to announce similar measures though given the shortage of face masks the city has encouraged people to sow their own it's a move large be welcomed by the residents. i think it's a good the more that stung the better and the more everyone does it the sooner we'll be free of the virus i have 6 simple masks at home and if push comes to shove also my assumed. i think it's a good idea in principle the problem is that there simply aren't any masks next to the world health organization is among those saying there's little scientific evidence showing that basic masks once not intended for medical use affectively prevent healthy people from catching the corona virus but some experts advise that they could be useful as a barrier to stop those infected from contaminating others. non-truths masks for nose and

welcome to "daybreak asia"." hits aonavirus epidemic grim milestone, one million people infected worldwide, 50,000 people have died. europe remains in the eye of the storm. spain's deadliest day yet, while germany sees the economy shrinking at least 5%. this, as fears of a virus follow-up could last for years. we hit our -- we will hear from ceo bill winters this hour. haidi: let's look at trading when it comes to australia. asia looking softer, potentially modest bump up after u.s. stocks saw the first gain in three days of losses. in new zealand, trading is dataway, retail sales is a point we will be looking at later to give us an indication, not super forward-looking, but at least how things stand in terms of the fed rate period, asia excluding japan looks like it has had a flat week so far. that is u.s. future. waitinghe bond market, for the ava bond purchase, the aussie yield curve steepening ahead of the government announcing option plans for the coming week. we could see a bump up in primary activity, look

all right it is morning now in asia and markets will soon react to the impending death corporation of a state of emergency by japanese prime minister shinzo abbay expected any moment hard hit prefectures like tokyo and osaka and 4 others will be impacted by this declaration and see a government stimulus package of some one trillion u.s. dollars to counter the pandemic which japanese citizens are feeling similar impacts to their economy like here stateside so for more on asia and the markets will turn to innocent bangkok thailand. yes and asia pacific market strategist steve thank you for being with us so it is morning where you are and we are expecting the japanese prime minister shinzo abbate to declare a state of emergency across multiple prefectures in japan when this announcement comes how do you see this impacting markets in asia. you know there's an interesting dynamic that sovaldi around the whole covert 19 narrative that is that containment measures stricter containment measures are actually being viewed more favorable by the markets the situation here is they're using china a

and en bloomberg markets: asia, we will ask credit suisse about gains in asia. woods,cific cio john more on that and his views, next. this is bloomberg. ♪ asian stocks halted a two-day rally after new york state reported their worst daily death toll since the pandemic began and china lifted the lockdown of wuhan where the outbreak started. lots to think about. joining us on the line from hong kong is john woods. always great to have you. a pretty choppy session today, but we were seeing signs of perhaps light at the end of the tunnel. how do you decipher that whether this is technically driven or something has fundamentally changed? much for inviting me on. we do see some guarded optimism. the market is very much focused on the rates of change in the to thef infections and extent that these are topping viewthere is a sense of a that markets potentially have maybe two or three weeks ago. it is important to point out that we are not yet aware of the economic fallout from the coronavirus. untilon't become apparent we get the q1 and q2 gdp numbers. is happyt very

says the pandemic will leave asia's economy with 0 percent growth for the 1st time in 60 years. starved to death more than 2 dozen behavior refugees die after spending months adrift on a boat. battling poverty and decades of repression we look at how one indigenous community in canada is no working to prevent the fire spreading. and on santa hamas has support around the world continues to take a big financial hit u.s. soccer federation asked me no 4th deployment of the knows its youth development academy having a world champion at women's team. the covered $1000.00 pandemic has left no country touched and it's having widespread ramifications not just in health but in politics and diplomacy to china which was the initial epicenter of the outbreak has once again strongly. decides the u.s. president's decision to cut funding to the world health organization state media is calling it a move against humanity that affects every country by the international monetary fund says the crisis will cause asia's economy to stall at 0 percent for the 1st time in 16 years it says the outbreak ha

more than half of worldwide patent applications were filed in asia. francis gury says the increase in global innovation means new solutions for challenges that will benefit everyone. >>> now moving on to world weather with our meteorologist. hello. >> hello. >> we've been looking at this active cyclone that's been effecting vanuatu and the surrounding islands. what's the latest on the storm now? >> it's downgraded to a category 4. it's still containing lots of strong winds and heavy rainfall and moving towowards the southeastern direction, basicalllly effecting t the surrounding islands and countries like fiji. in the next 48 hours or so, it might start having an effect in places such as tonga. please do take care along those parts. make sure you're safe at all times. as i said, it has downgraded to a category 4, but it is still quite strong, packing winds well above 200 kilometers per hour. the concerns there include flooding and also toppled down trees, moving debris, it could be dangerous for all those outdoors. make sure you're safe at all times.

the pandemic has put the spotlight on asia's wet markets and the risks they may pose to global public health scientists believe the latest corona virus outbreak started in a market in the chinese city over. let me give you a warning some viewers may find images in this report disturbing from jakarta is jessica washington before his customers arrive pallas ponto spends the morning preparing his most popular dish it's called a traditional best meat curry popular in some parts of indonesia he's followed this recipe for decades but the recent outbreak of covert 19 has got him worried so the beginning of a i've been reading the news about this virus i wonder is it the same type of bat that we use i've never worried about disease until now maybe it has to do with how we prepare the meat. the trade of live wild animals for food medicine clothing and more has gone on for years but as the world grapples with the outbreak of coma 19 the risk it poses to public health is now under scrutiny. it's believed the virus most likely emerged from this market in ruhani probably involving dance but also p

we are not leaving asia right now. hasurn to a country that successfully staved off the worst of the coronavirus pandemic -- taiwan. despite being just 100 miles from mainland china with regular flights to a and from wuhan, taiwan has managed to contain the spread of covid-19 through early action and aggressive measures such as ramped up production of medical supplies and advanced tracking of quarantined citizens. taiwan has so far seen just five deaths and just under 350 confirmed cases. most schools and businesses remain open. for more on taiwan's strategy and what the world can learn from it, we are joined by dr. jason wang. he is director of the center for policy, outcomes and prevention and associate professor of pediatrics and medicine at stanford university. he is joining us from the stamford area in california. professor, thank you so much for being with us. lay out the story from the beginning. december happens. there is the coronavirus outbreak in wuhan. what happens next? what specifically does taiwan do?? j

as part of the ministerial meeting with all ministers of southeast asia. and we spoke about laboratory testing and support to beef up lab testing. what is interesting is bangladesh has already implement it a very wide network of testing based on the gene expert platform. this was put in place for a lot of diseases. there's a real opportunity for us to use an existing platform that has been invested in this private help -- private health development and to leverage that platform in order to scale up testing in bangladesh and when we see that as a way forward of doing this. i think bangladesh is taking the issue of testing very seriously and the minister was extremely keen to broaden the testing availability in the country to improve and drive surveillance. i think there is a strong focus on good surveillance in bangladesh and we will do everything in our power to support bangladesh in their efforts to beef up surveillance and to ensure that there's adequate lab testing available. >> we will going out to south china morning post. connect. stuart from south c

the pmi data for asia shows contraction across the region. europe's biggest economies brace for manufacturing pmi today. to the markets, the reality of the global health crisis has yet to bring its full might to bear across the markets. marks, followed by jim rogers, all saying another rout is possible with a triple whammy of debt hitting the market. gundlach says will break the march lows and howard marks says the worst is yet to come. equities are lower as the reality of the global health --sis in america step set steps up. worst quarter ever. unlikely to counter attack, the implosion of demand, 95% of the world is socially distancing now. and to the dollar index, as the concern rises over the ratcheting higher a potential death in the united states of america, the reality comes to bear and the haven of choice rallies again this morning as we start the second quarter. a 2ld trump call for trillion dollar infrastructure spending bill to boost u.s. jobs . he said low rates would make it easy to finance. it's unclear whether his proposal will

is far from over in asia and the pacific. this is going to be a long-term battle, and we cannot let down our guard. >> in a video conference, kasai said that current measures to curb the spread of the virus are buying timime to prepare for large-scale community transmission. >> we have found common tactics in this country. those are finding, isolating and testing cases early, tracing and quarantining. >>> in indonesia, where more than 1,500 cases have been confirmed, president joko widodo declared a public health emergency on tuesday. the government also imposed new regulations, including suspending all arrivals and transits by foreign nationals. it had already implemented tougher measures on mobility between regions and greater social distancing. >>> the vietnamese prime minister has ordered citizens to refrain from going outdoors except to buy food and in emergency cases, and to limit public gatherings to no more than two people. the decree will remain in place for 15 days. the government says most public transportation wil

and the markets will turn to steve innes and bangkok thailand he's an asia pacific market strategist steve thank you for being with us so it is morning where you are and we are expecting the japanese prime minister shinzo abbate to declare a state of emergency across multiple prefectures in japan when this announcement comes how do you see this impacting markets in asia. you know there's an interesting dynamic valving around the whole covert 19 narrative that is that containment measures stricter containment measures are actually being viewed more favorable by the markets. situation here is they're using china as a blueprint basically china went to some what were called at that time extremely direct tony and measures but they're proving to be effective they're starting to see this play out in the rest of the world and this is why markets are reacting a little bit more favorably because the coronavirus case count curve is flattening because of the stay at home narrative now listen japan's a different kettle of fish altogether the job cultures immensely different people are so used to

of germany and europe and gain a more global view we looked west and also meant to the east towards asia. so the 4 weeks of work here really did help us expand our horizons. you vital. now to bin laden to a founder of the skills for school app and the guy who did this video diary he joins me in the studio now and of course he's a modern day pioneer good to have you here with us and being a modern day pioneer can you tell me what exactly inspired you to become one so i think i did this out of a problem i wasn't really thinking ok i need to be a pioneer after change something but i have problems myself in school at the beginning and then i decided. to try to make it to make a tense change and to see yeah how far can we get and how can we change something maybe in the education system in germany or maybe europe or over the world and this is how this this skillful school app came a ballot to changing the world like pushing the envelope is not that unusual it with the young people in particular but to actually do something hands on like founding a company is somewhat unusual and now you spend

and as cover 1000 cases rose in the middle east and the west much of asia closed its borders imported cases became the main threat japan however was an exception a spike in cases that saw the tokyo olympics perspired until 2021 in china and many parts of asia life is slowly returning to the country such as the philippines and indonesia experts say the worst is still to come and as much of the world remains locked down tens of millions who by province have finally emerged from there as their message to the outside during dark times the ruled will once again be bright katrina you al-jazeera beijing. while the pandemic has put the spotlight on asia's wet markets and the risks say polls scientists believe the corona virus originated in a market in on a one in the u.s. may find some of the images in jessica washington's report disturbing. before his customers arrive ponto spends the morning preparing his most popular dish it's called a traditional best meat curry popular in some parts of indonesia he's followed this recipe for decades but the recent outbreak of covert 19 has got him worrie

in north asia, japan down 20%. bank of japan showing a negative mood among manufacturers in japan that slipped to a read of negative eight from zero this is the first negative print we've seen in seven years. elsewhere, south korea down 20%. in australia, its worse quarter on record there down some 24%. back to you. >> thank you for that update to the early trade in the european forces, julianna tatelbaum is standing by in london >> good morning. european stocks are trading lower this morning you can see losses of more than 3% the ftse 100 underperforming the broader market, the uk benchmark. we had some manufacturing data out for the eurozone this morning confirming a steep contraction in the output. that only just begins to account for the coronavirus output and what it means for the economy. there is more defensive sectors like health care holding up better every sector there is trading in negative territory a very similar picture to what we saw in the u.s. substantial losses the ftse mib logging the worst quart

there are those countries particularly in asia that ensured they were quite well—prepared, like asia that ensured they were quite well—prepa red, like south asia that ensured they were quite well—prepared, like south korea, they had proper protection for health workers and so on. is it a case of governments knowing what need to be done but they are just not doing it? this is the difference between what has happened in asia and what has happened in europe and north america and the different responses. because of the sars outbreak in 2002, 2003, china was so sensitised to another outbreak like this. so, as soon as they discovered it, they put their cities into lockdown. they did not mess around, they knew they had to suppress the outbreak as soon as possible because they knew what the threat was. whereas in europe and the united states all of our modelling and anxieties were focused on influenza. influe nza anxieties were focused on influenza. influenza has a mortality rate of about 1%. this particular virus has about 1%. this particular virus has a mortality rate of around 1—2%,

press conference also we understand the white house is pushing for exports of the 3 am a 3 am from asia and other places have to be redirected to the u.s. again that has enormous implications leading to whether the u.s. has legal authority to do that so frankly when the winds are really about a particular issue shihab rattansi bringing us up to date out of washington d.c. she had thanks very much indeed. well the numbers out of new york state just keep getting worse it now has more than 100000 cases that's not far behind italy and spain a governor under cuomo is pleading for more medical supplies kristen salumi reports . medical supplies flown from china arrive in new york under police escort as confirmed covert 19 cases keep climbing this is a ground city and state officials continue their frantic search for protective gear for medical personnel. and ventilators for the growing number of critically ill with none left to purchase new york's governor promise to sign an executive order allowing the state to take the devices from hospitals not currently using them i'm not going to let peop

presence in the asia pacific but also about china's role in the region and so everyone's hedging and so you'll find that the military budgets have been on a general increase as well even you know in southeast asia. but yes for india it's definitely not something right towards monitoring the reports coming out of meat not a growing public criticisms against these. priorities he's increasing a military spending people are saying that he should be improving health care and infrastructure in particular to deal with the $900.00 situation he's parties are skewed towards arming india to the teeth and that's not so sure in for just the indian citizens but also for the rest of the region and speaking of covert 19 what impact sisi the coronavirus crisis and its economic fallout having on future military spending because these figures of course were from 2019 but now we're dealing with a crisis what impact is that likely to have going forward. that's a great question and i think what's going to happen is that you will stop at military missions of that article even in china and india you will ha

higheri futures opened in asia. china is calling for a reset relations, saying the lack of transparency in washington is worrying. the ambassador told the bloomberg new economy podcast beijing has shared all it has infection. the the u.s. doubts this but says the -- china says they have done all they could. grim outlook for casino operators, expected to shoulder a slump in growth earnings in the march quarter. all six operators are two report in the coming weeks. there is subsequent restrictions on travel and entertainment. a tentative recovery in air travel in china stock at less than half the pre-coronavirus -- is stuck at less than half previous levels. flights are operating in china now compared with 80,000 before covid-19 shutdown travel. air services resumed last month. the number of mainland flights -- global news 24 hours a day on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am karina mitchell. this is bloomberg. trump has beent talking a

well in asia where societies need or want less data protection what the. basically what was implemented was external surveillance or face recognition that was used for publishing the location of sick people so other people around that could be one and. i don't think that just this type of surveillance would be acceptable in any european democracy so our question was he was obvious that this way this could be a key building block in quelling an outbreak and the example is will hunt in china or china in general but then now in order to leave your house you have to put your app down and at the end the house will hold of the door but only open if she if the access you're not in danger of spreading infection so that i think it's completely out of the order for europe so our question was can we do something that would allow people to still have privacy preservation i mean the whole point is until there is a vaccine we will have to manage this pandemic and managing it while we still have a life and not all stay at home managing it means that we have to go and fin

also in southeast asia we are watching indonesia. they are also extending a partial locked down in the capital until may 22. the social distancing measures so far have been going on for one month, but it has not done month -- much to flatten the curve there. the jakarta region has become the epicenter now, accounting for two thirds of the cases in the country. shery: president trump right now being questioned about a second wave coming here in the u.s. as well. president trump saying if covid comes back to the u.s., it will not be as bad. people are already seeing a second wave not only in asia, but in europe. yvonne: italy and france both report the most new cases in four days, seeing a slight increase. in total the increased countries had more than 10,000 new cases wednesday. we heard from french president emmanuel macron saying we are in a preparation stage for the second stage. i am not talking about going back to normal life. this, as eu countries are battling between limited the spread of the virus, or saving jobs. they are bei

: 80% to 90% of our foreign clients are in asia. earnings in north america are rising, but there are more things we can do in europe. we're working hard to promote gundam worldwide. >> reporter: gundam long ago cemented its reputation as a cultural icon. now it's become a business phenomenon, too. >> with sales for the anniversary year reaching almost $800 million, the diverse collaboration certainly paid off. for example, the popular teapot was made by craftsmen of ironware that attracted fans of japanese traditional art. >>> in our next story now, we visit kyoto to take a look at some new projects mixing popular culture with ancient tradition. artists in manga, anime, and gaming are working with priests and kimono craftsmen. together they're breaking down preconceptions, raising tourist revenue, and shining a light on venerated industries. >> reporter: shinzuan is nestled withthin japan's largest zen temple complex. the treasures here are the sliding doors painted hundreds of years ago. the problem is they're not just in need of s

earlier on we spoke about asia and the differences about asia recovering and europe. with asia seeing falling cases of coronavirus, we turned to recovery. bill winters of standard chartered expects singapore to recover in the second half of the year. i spoke to him earlier on. bill: the bank of england took the view that given the uncertainty around this crisis, uncertainty in terms of financial requirements and the losses that the banks will take, it is important to be extraordinarily prudent even though we are sitting with strong capital ratios and a clean loan book. the regulators have taken the view that prudence should rule the day, and i understand that. when can we get back to something like a more normal capital type strategy? we are going to have to see the role of banks in helping the world recover from this tremendous shock has largely flown through. we can all speculate how long that will be. i think we can see the ability to return to normal by the end of this year, but the economic challenge will carry on for years. i don't think that means we wait for y

says they will be the euro economic growth for asia in 20 twentieth's the worst of the 1960 s. it's expected to rebound next year but the outlook remains uncertain while nigeria could also be facing the west recession in more than 30 is the i.m.f. projects africa's biggest economy will shrink by 3.4 percent this year the pandemic and global lock downs have pushed down oil prices and nigeria is expected to lose millions of jobs amid address reports from the preacher the global coverage in 1000 pandemic is taking a human and economic toll on nigeria its main resources oil demand and the market price is falling wallet wide adding to the crisis a dispute between major producers saudi arabia and russia which has driven prices to their lowest level in nearly 2 decades all the world producers have agreed to cut production in order to shore prices there's been no significant rises yet it's not going to be easy for us and that would be president as dawn was the president told us is he does a want. development projects to suffer who've taken the little preemptive steps and we are very co

as they have suffered through this coronavirus, they simply the same as asia. almoststarting to hear at revising of european sentiment. countries need to acknowledge that they do need to step in and .rovide some aid we think that could be a problem .hat continues to grow the key will be where does the eu summit go over the next few months? willing will they be to draw on the ease and, especially if the ecb is willing to expend purchases. we will keep an eye on those. you are staying with us. now let's get to the first word news. in the u.k., prime minister tellinghnson's top aide us dominic cummings was more than a bystander at a meeting -- meeting of scientific experts. politicaldenies experts influenced the meeting, saying it is inappropriate for politicians to influence the meetings. he stable outlook may ease fears of a future cut to noninvestment grade. samsung is warning of a prophet slide this quarter as the coronavirus pandemic is hurting demand for smartphones and gadgets. the memory chip business is expected to remain solid but overall earnings to dec

first of who, we saw some countries in asia tightening restrictions on public life today after virus infections popped up again. and i just wonder if you can help us understand how this sort of raising and lowering of restrictions might work throughout the world. and if this would be the new normal for the next year, and maybe the next 18 months, what should we anticipate? and second, an imf question. do we have any assurances that china supports a postponement on official bilateral debt repayment? dr. michael j. ryan: on the issue of measures, i think many countries around the world have been claiming a very tragic, and dangerous mountain of disease. and we need to be also extremely careful on the descent. we need to be watchful, be aware, we want this disease to go away. we want the numbers to drop. but as they drop and as we try to come up with transition strategies to allow economies, and social life to re-emerge and nobody wants that more than us here at who, and all our medical nursing colleagues around the world, our healthcare professionals. but what we need to absolutely ens