though to come, singapore -- still to come, singapore presents its budget with the government expected to raise the sales tax for the first time in 15 years. we will have the details next. keep it here with us. this is bloomberg. ♪ haslinda: this is "bloomberg markets: asia." you are looking at the lion city. the benchmark is flat on a day where other benchmarks are lower because of ukraine and inflation. it is probably benefiting from the reopening trade. today is budget day. singapore will detail its post-pandemic future in its budget today. the finance minister is expected to focus on rebuilding by really using -- raising the sales tax for the first time in 15 years. for more, here is percent who leads our coverage of the region. what are we expecting today? there will be a slew of rate increases? four >> yeah, good morning again from the lion city. the main thing people are looking for is an increase in the goods and services tax. it has been 15 years since they increased it. it will go to 9% from 7%. they are looking at the timing, and by what magnitude, whether it will be in on

they to of the singapore air show. this is bloomberg. ♪ >> over the last couple hours, which is a positive. we are not out of the woods. >> we have to figure out what the new blueprint is. i don't think investors have a clear read of that. >> really strong micro-headwinds. on the other hand, you have this micro force. >> is worth one right here. it's not just geopolitical risk. >> factors that the fed really can't fall for. that certainly increases the risks and reduces the priority -- clarity. >> volatility will be heightened. that's do to inflation. >> after several months of high risk and speculation, it's going to take weeks for people to get comfortable with it no matter what happens in the next couple of days. rishaad: just a few of our guests sharing their views on inflation. thank you for joining us. the former president of the buddhist bank said that when you have inflation, when it comes out, it's like toothpaste. it's hard to put back once it's out. are we being too sanguine about what's going on? how much

i'm karishma vaswani in singapore. 0ur headlines... in singapore. peaceful protests in myanmar following last year's coup have turned into what the united nations has described as a civil war. russia's president putin has accused the west of ignoring his demands over security, and warned against nato allowing ukraine to join the organisation. more on myanmar now for you — as you've seen in our report at the start of the programme, the junta, known as the tatmadaw, has launched brutal attacks on civilians which the un says could amount to war crimes. but how did the tatmadaw, which ruled myanmarfor 18 years, become so powerful? 0ur reporter nick marsh has the background. it's said that most countries have an army — but some armies have a country. and myanmar�*s tatmadaw has been the defining force in the country's modern history. but who are they, and what's made them capable of the sort of brutality that we've seen? the tatmadaw played an important role in myanmar�*s independence. they're the founders of the nation — or so they like to see

back to singapore. it's been a long time since an air show. i miss them certainly. give us a sense of the excitement on the ground. give us a sense of what the people you have been talking to are suggesting about the aviation market, which of course has been the hardest hit out of every industry group, one could argue. and what are they talking about in terms of how the oil price is affecting them. how supply chain constrictions also are playing a part in all this? haslinda: well, you are right. there is optimism because it is being held in the first place. it is a physical event and knowing how it has been so difficult for the region to open of the border, having a physical event is significant in its own right. but it is a scaled-down event. 13,000 participants versus 30,002 years ago at the onset of the pandemic. -- two years ago. it is much smaller scale, but we need to point out it is important that all of these top officials, top executives come down to talk about how to navigate through this pand

mariko oi and singapore _ the tuesday's open. mariko oi and singapore thank— the tuesday's open. mariko oi and singapore thank you - the tuesday's open. mariko oi and singapore thank you very| and singapore thank you very much up and let's have a look at the day's other news in columbia's constitutional court has decriminalised abortion in the first to four weeks of pregnancy. the decision was celebrated by activist to have been campaigning hard for that change copy they argued that illegal abortions risk the lives of thousands of colombian women every year surely the pooh women every year surely the poor. sharing, dancing, and crying is. hundreds of women celebrated outside colombia's constitutional court at the news that having an abortion will no longer be a crime. many supporters wore green to represent the abortion rights move and that have campaigned tirelessly to remove abortion in the first 24 weeks of pregnancy from colombia's penal code copy translation: this pregnancy from colombia's penal code copy translation:- code copy translation: this is historic! it _ code copy

haidi: that's the latest on the singapore budget there from our singapore bureau chief. of course we will continue to get more details on that. let's get you to vonnie quinn with the first word headlines. vonnie: the u.s. ramping up warnings of a russian invasion with ukraine with president biden saying the kremlin is involved in a false flag operation to give it an excuse to attack its neighbors. u.s. secretary of state antony blinken echoed the remarks at the un security council or he told moscow to pull back its forces on the border with ukraine. he also had a meeting -- has a meeting next week. the canada's capital are locking off downtown ottawa in a move against vaccine protesters. officials say only those with a legitimate reason can enter the area and unlawful demonstrators must leave. banks in canada are being sent the names of protesters. sources say they are still waiting for instructions on how to handle their accounts. former president donald trump and two of his adult children have been ordered to testify in a civil investigation after a new york state judg

perhaps some of them to singapore, others to london and elsewhere. that being said, citigroup tr told bloomberg news also within the last 12 months that they have hired 300 employees in hong kong but still, the move of officials out of hong kong to other places, because of the restrictions, because of the pandemic response, would be probably the biggest move within the banking community that we know of what others are showing signs of stress. the securities and futures commission, the market watchdog, is talking about how they had 12% attrition and they are having a very difficult time to fill much-needed critical positions within the financial regulation. haidi: our chief north asia correspondent, stephen engle, in hong kong. we will be finding out how the surgeon covid-19 is affecting business outlooks at 9:40 a.m. in hong kong. this is bloomberg. ♪ >> oil traders in london and new york saw big swings in the latest trading sessions with geopolitical headlines a key driver pitted let's get more from su keenan. let's start with a pullback in wti fu

we brokered over one billion singapore dollars with new homes. we launched a new product which helps people manage their finances and understand when is the right time for them to refinance their home. we also have enterprise products for developers which allow real estate developers automation. in these areas as well as in the space of real estate data we see a great opportunity. data and software solutions for enterprise in the real estate sector, financial services or fintech products. we see a huge opportunity both to build, but also very much to buy. m&a is very much on the agenda. in 2021, we acquired rea assets in malaysia and thailand. and we have been successful at integrating those businesses. we started realizing some of the synergies as a result. so our track record of inorganic growth complements a strong organic growth engine and underpinned our growth over the last 15 years. both listings as well, roughly $400 billion we take to the balance sheet will largely be in service of our inorganic growth. our core business being cash gener

nick marsh there at the singapore airshow. markets again, we were talking to dan about the challenges. the price of oil has come off a little, down nearly 0.5%. $96 per barrel, still hovering around a seven—year high. would imagine investors certainly aren't trading floors across europe will be quite nervous about how to date may start. it was certainly a torrid session this time yesterday or at least went london and paris and frankfurt open. that is all from me, thank you for your company, i will see you soon. hello, there. a very powerfuljet across the atlantic is going to pick up areas of low pressure and deepen them into storms later this week. notjust one named storm, but two are heading our way. before this very windy weather arrives, we're going to find some spells of rain — again, coming infrom the atlantic — you can see all that cloud that's pushing in from the west. and, after a wet start in scotland in the morning, we'll see that rain pushing up toward the northern isles. we've got this rain pushing its way to

juliet has those from singapore. juliet: use of russia's invasion is complicating efforts to of five to revive the nuclear deal. with tensions at moscow and washington at risk of spilling over. ireland has been imported facilitator of the discussions at the yuan secured counsel. talks in a holding pattern with iran's negotiator returning to negotiate with leaders. canada is lifting emergency powers enacted more than one week ago to get active vaccine mandate protests under control. prime minister justin trudeau says the unprecedented authority is no longer needed. he invoked to the powers earlier this month after hundreds of trucks blockaded the downtown area of ottawa and keyport are crossing to the united states. hong kong's covid cases continue to climb with nearly 9000 infections reported. and 50 debts. the city has made a rapid decline in bloomberg's resilience rating which tracks the best and worst places to be during the pan day that's the pandemic and is now second the last among 53 locations. the pace of cov

juliette saly in singapore. the big question is how to deal with storing inflation dividing u.s. officials. democrat joe manchin says the fed needs to tackle prices head on. the san francisco fed president says any abrupt move could destabilize the economy. oil continues higher, ever closer to $100 per barrel. let's get more with our chief asia economics correspondent. a lot of threats on the horizon, the latest signal and language from mary daly is trying to talk us off of the ledge of 50 basis point hike. what is your take of the daily comments yesterday? enda: i think that is fair, it sounds exactly what she did come out and say. she made the point that look, they're most likely will be in interest rate hike, that she would vote for, and she made the point that anything more would be an abrupt move. the fed does not want to spook the markets or get ahead of itself. she seemed to be calming down the idea that the fed would need to meet out of cycle. larry summers was making a point that the fed didn't need an

welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines: india begins two days of national mourning over the loss of lata mangeshkar — the legendary bollywood singer. her music was played at weddings, funerals and national events. it is hard to find an indian who was not moved by the music of lata mangeshkar. queen elizabeth marks the 70th anniversary of her reign — the first time the milestone has been reached by a british monarch. we report from eastern ukraine where government forces are battling russian separatists — as president macron co—ordinates diplomatic efforts to avoid an invasion. this entire village is a casualty of the conflict. it is extraordinary that anyone still lives here. the handful who remain are pretty much cut off. and celebrations in senegal as they beat egypt to win the africa cup of nations football title for the first time. live from our studio in singapore, this is bbc news. it's newsday. hello and thanks forjoining us. one of india's greatest ever singers, lata mangeshkar, has been crema

i'm karishma vaswani in singapore. 0ur headlines... the uk's prime minister borisjohnson has met ukraine's president in kyiv, and warned that any further russian invasion would be a disaster for the whole world. russia's president putin has accused the west of ignoring his demands over security — and warned against nato allowing ukraine to join the organisation. as we told you a little earlier on in the programme, the british prime minister, borisjohnson, has been visiting ukraine — but he's still facing political challenges in the uk. the fallout from monday's release of the initial findings into lockdown parties in downing street rumbles on. the deputy prime minister, dominic raab, says conservative mps still "overwhelmingly" support borisjohnson, despite a senior civil servant concluding there'd been a "failure of leadership." but another conservative mp said he has submitted a letter of no confidence in the prime minister. here's our political correspondent, chris mason. after a mauling from mps in public and pleading with his

i'm karishma vaswani in singapore. our headlines: ukraine's ambassador to the uk has told the bbc that his country may contemplate dropping any ambitions ofjoining nato, in order to avoid military conflict with russia. police have cleared the remaining protesters blocking a key bridge between canada and the united states, after a week of disruption. several chinese streaming platforms have been accused of censoring lgbt plotlines from hit us sitcom friends. the show was re—released in china earlier this week, but chinese fans have complained of scenes being deleted, including those that reference a lesbian character and another featuring a same—sex kiss. it's unclear why the scenes have been removed. chris berry, a professor of film studies who specialises in chinese film and tv, talks to us. in the last few years, as more lgbtq content has become circulating in china, there's been a reaction on the part of the government — they've become much more conservative. friends originally went out in china at least 20 ye

iron ore in singapore down by 1%. slumping by 7%> now bp facing growing political and public pressure on the rising energy cost even as it rate in the highest profits and all of the decade in the fourth quarter. francine lacqua spoke to the ceo about the challenges. >> there is a great debate in the u.k. around the windfall tax. the first thing to say is i think when you do hear the stories and you and i are in a privileged position for what you hear the stories about people having to choose, it's a terrible situation, right? now, you say, what's your role and what can you do to help that? i feel that our job is to make sure that the energy is there as best as possible, as much of it as possible. so, what we would say is you need two things. more natural gas production in the u.k., because one of the reasons we have an issue is that there is an imbalance. so, we should be and center fighting -- incentivizing the investment in natural gas. the th second thing we should be trying to do is tryin pound that we make we'll

shery-anh: haslinda amin at the singapore air show. folks will be joining us from the sidelines later this yep, it's go time on the most reliable network. you get unlimited for just $30 bucks. nice! but mine has 5g included. yep, even these guys get it. and the icing on the cake? saving up to $400 bucks? exactly! xfinity mobile. it's wireless that does it all and saves a lot. get the new samsung galaxy s22 series on xfinity mobile. and right now, save big with up to $750 off a new samsung device. switch today. >> the ukraine-russian tensions, we don't know how far that goes. >> the russia-ukraine headline. >> it creates a dynamic in the market. >> it has increased uncertainty and volatility. >> there is not enough conviction, hedging ability, against to manage -- mitigance to manage risk. >> these are tumultuous weeks. this will go down in the hall of fame. shery-anh: our gas on the ongoing russia-ukraine tensions. growing geopolitical worries have an impact on oil prices. futures above $95 for the first time since 2019. brent crude at

juliette saly in singapore. coming up, the winter olympics may be about to get underway but the politics remained very much in play. president putin lands in beijing for the opening ceremony with his first in person meeting with his chinese counterpart into years. we have more on that, next. this is bloomberg. ♪ >> the 2008 summer in beijing showcase china's rise as a global power. nearly 14 years later, the winter games are happening in the same city but a different world, one where a pandemic is raging. and tensions between china and the west are worsening. fresh outbreaks continue to challenge china's covid zero strategy. for the games, that means confining the movements of athletes and other participants inside a bubble, isolated from the public. those unvaccinated will have to quarantine for 21 days before heading to venues. like japan's summer olympics, there will not be any foreign spectators. locals cannot buy tickets to go and watch. the winter games are also a dissenter -- at the center of -- the u.s

i'm karishma vaswani in singapore. our top story... a flurry of diplomacy to try to defuse the ukraine crisis — as president macron and vladimir putin hold face to face talks in moscow. as the prospect of a potential russian invasion looms, many ukrainians are re—assessing their cultural and linguistic ties to their neighbours. the bbc�*s eastern europe correspondent sarah rainsford went to the eastern city of d—neep—ro to meet veterans who fought against the russian backed forces in 2015 despite coming from a predominantly russian—speaking city. it's 200 kilometres from ukraine's front line. it is a region sent more people to fight in the east than any outside kyiv and it's also treated thousands of casualties. the flow of casualties has slowed right down since the ceasefire several years ago, but now russia has openly deployed thousands of troops to ukraine's border. eight years of war have already left all sorts of scars here. this facility here was set up specifically to deal with war veterans, and they can do all sorts

i'm karishma vaswani in singapore. more sanctions have been drawn up against russia following the invasion of ukraine, with switzerland, traditionally neutral, saying it willjoin the eu's measures against russia. the rouble has fallen sharply. also on monday, turkey, a nato member, said it would be closing the straits which lead to the black sea to all military shipping, although it could still allow russian warships to sail through to return to port. and the united nations also discussed the situation in ukraine again. the us said it was expelling a dozen russian un diplomats for security reasons. it's an unusual move, and one which angered its ambassador. they're announcing 12 people from the personnel of the russian mission persona non grata and demanding that they will leave by the 7th of march. they're un diplomats? yes, un diplomats, un diplomats. and there has been more fallout for russia. football's world governing body fifa and europe's governing body uefa have suspended russian clubs and national teams from a

welcome to newsday, reporting live from singapore. i'm mariko oi. the headlines: the ukraine crisis reaches a critical moment — nato says there's no sign of de—escalation and warns that tensions with russia could become the "new normal" for europe. so far, we do not see any sign of de—escalation on the ground, no withdrawals of troops or equipment. further turmoilfor the royalfamily — police investigate one of prince charles�* charities over claims of cash for honours. prince charles�* aides say he had "no knowledge of the alleged offer of honours or british citizenship." who's behind the canada truckers�* protest? growing signs that the blockades are being orchestrated by the far—right. and a sharp rise in the price of beer, one of the many signs of inflation. we report on how prices are soaring across the board, including the cost of food and fuel. live from our studio in singapore, this is bbc news. it's newsday. welcome to bbc news, broadcasting live from singapore to viewers in the uk and around the world. we begin with the tens

i�*m mariko 0i in singapore. our main story this hour: the white house says russia�*s claim of withdrawing troops from ukraine is false and that, in fact, it�*s sent in thousands more troops. to recap the breaking news this hour, the united states has flatly denied russia�*s claim that it�*s withdrawing troops from the border with ukraine. russia�*s defence ministry had said on tuesday some troops were returning to their garrisons "as planned" and published video of tanks on the move. but a white house official has now descibed that claim as "false" — and said russia had in fact increased its military presence along the ukrainian border by as many as 7,000 troops. —— has described that claim. more on that story now. with the world wondering whether president putin will order an invasion of ukraine, russia has one obvious ally to turn to as the political sparks fly with the west. beijing�*s diplomatic and military ties with moscow may be strong, but its economic relationships are a lot more compl

mark cudmore joins us in singapore to take us there all the market action this hour. the cash trade is less than an hour away. here are your top headlines. the uss russia is adding troops along the ukraine border, rejecting claims of a russian pullback. stocks decline and treasuries outbid. the fomc reiterates a probl

juliette saly in singapore. coming up, the white house says joe biden in vladimir putin have agreed to a summit in principle. as tensions rise, haven assets ease. s&p 500 turns it around from down. into the green. brent comes off the board at 92.90. we are keeping an eye on the markets. we will have a little more on oil. we will have a ceo with his outlook for the energy market. $100 oil is coming. this is bloomberg. ♪ manus: it is your monday "daybreak: europe." president biden and president boudin have agreed in principle to a summit on the condition russia doesn't invade ukraine. the timing and format of the meeting has yet to be set. moscow hasn't officially confirmed. u.s. equity futures are slightly higher on the news. oil and gold down. we have the chief investment officer from kingswood. it is interesting how the small rally on equities and havens, a little air coming out of the tires so to speak, it's a long way to go before you have any kind of summit or agreement. in the interim, do i do anything, s

elliot sally has that from singapore. -- juliette saly has that from singapore. juliette: [indiscernible] the report by a committee as u.k. lawmakers may face more hold up. separately, boris johnson has carried out a mini reshuffle of his top team. hong kong is to limit gatherings on private premises for the first time since the covid outbreak. no more than two families can meet in a home while public gatherings are restricted to two people. people will require vaccinations to enter shopping malls, hair salons and food markets. global news, 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. dani: thank you so much, juliette saly in singapore. diplomatic efforts are continuing over ukraine. fresh from talks in moscow, president macron landed in berlin to meet with german chancellor, olaf scholz, who returned from washington where he met with president biden. we are joined by maria tadeo in brussels. we have german chancellor olaf scholz who is back. germans are satisf

i'm karishma vaswani in singapore. our headlines... the initial findings of the report into parties at downing street during the covid lockdown have been published — outlining failures of leadership and judgment. the report says some of the behaviour was hard to justify — and effectively let the british public down. the conflict in myanmar is becoming increasingly violent and widespread, so much so that one year after the coup that took aung san suu kyi from power, it is now considered a civil war. battles between the military and organised groups of armed civilians are not only becoming more deadly, but also more widespread, according to data analysed by the bbc. this report from rebecca henshke is distressing from the start. this is the aftermath of a brutal raid by the military on a village in central myanmar. the bodies of six men were found. they were the ones who couldn't run. three were elderly, two had a mental health condition. some had their hands tied, as well as ropes around their neck. this man's body showed signs of t

i'm mariko oi in singapore. our headlines... as warnings persist that a russian attack may be imminent, ukraine's president zelensky says his country is ready to fight for its freedom. canadian prime minister, justin trudeau, invokes rarely—used emergency powers in an attempt to end protests against covid measures. it's been a month since the devastating volcanic eruption and tsunami wreaked havoc in tonga. on 15 january, a volcano located nearly 65km north of the capital erupted. the sheer scale of the explosion was unprecedented. nasa said it was hundreds of times more powerful than the atomic bomb dropped on hiroshima during the second world war. tonga was covered in ash and power lines were damaged, severing its connection from the rest of the world. tsunamis triggered by the eruption destroyed houses and threatened people's livelihoods. the international community sent aid supplies to the disaster—struck nation to help with the recovery effort. but the aid effort was complicated in part due to tonga's strict covid measu

reporting live from singapore, i'm karishma vaswani. the headlines... two years of covid restrictions are set to be lifted in england. restrictions have also been lifted in parts of europe and the us. canadian police threatened to arrest lorry drivers who've shut down central ottawa as anger at mandatory covid vaccines spreads. protests spread across india and beyond its borders against a ban on the muslim headscarf in some colleges in one southern state. two, one, zero. and scientists in britain make a major new advance in the quest to generate energy from nuclearfusion. life from our studio in singapore... this is bbc news. it's newsday. it's seven in the morning in singapore and 11 pm in england, where the remaining covid restrictions are now set to be lifted at the end of this month — four weeks earlier than previously planned. the shortened timescale was announced by borisjohnson, who said it depended on the current downward trend continuing, but he fully expected that to be the case. it would end the rule that anyone testing positive for covid o

i'm mariko oi in singapore. our headlines... downing street is in turmoil, afterfour senior aides to borisjohnson resign within hours of each other. president biden gives details of how the head of the islamic state group was killed during a raid by us special forces in syria. let's turn to the ukraine crisis — and an american claim that russia is planning to stage fake events to justify taking military action. here's pentagon spokesman john kirby outlining the plot. one option is the russian government, we think, is planning to stage a fake attack by ukrainian military or intelligence forces against russian sovereign territory, oragainst russian—speaking people to therefore justify their action. as part of this fake attack, we believe that russia would produce a very graphic propaganda video, which would include corpses and actors that would be depicting mourners, and images of destroyed locations as well as military equipment at the hands of ukraine or the west — even to the point where some of this equipment would be ma

i'm mariko oi in singapore. our headlines... president biden has been giving details of how the leader of the islamic state group was killed during a night raid by us special forces in syria. the president said that abu ibrahim al qurashi — also known as hajji abdullah — blew himself up, along with four members of his family, as us troops approached the building. 13 people, including children, died in the raid — no us casualties were reported. the bbc�*s state department correspondent barbara plett usher reports. in a corner of northwest syria where a forgotten conflict simmers, america reminded the islamic state group that its leaders were still a target. the raid took place in the dead of night and lasted two hours. us special forces landed in helicopters near the home of the is leader, hajji abdullah. those close by described a night of terror. translation: when we got out of the house, we saw aircraft - flying over our heads. and after ten minutes, we heard them shouting, "give yourself up, the house is surrounded."

dani: juliette saly in singapore. coming up, with about a quarter of companies reporting so far, we take stock of reporting season. love that ahead. this is bloomberg. ♪ dani: welcome back to "bloomberg daybreak: europe." let's focus on earnings season and we are about a quarter of the way through it in europe. what have been the hits? joining us for more is the head of bloomberg intelligence. in the current environment, it feels tempting to just look at what is happening with central banks. but it is a crucial earnings season so far. >> thankfully, we have not had any netflix or meta's here. to get an overall perspective, we have had a little more than a quarter of the companies report and with that, about 60% have beat estimates on earnings and 80% have beat estimates on sales. you have to categories this as a good results period so far. tracking 29% earnings rate -- earnings growth so far. fingers crossed. manus: we might not have meta and amazon but we have plenty of banks and a lot of oil and commodities on the

i was a surprise to us when it happened in singapore. so i don't think it should be a surprise now. there's a lot of, i guess, a cultural mentality if you like that i'll have it later. we don't have a lot of code in the country. i don't know about this new vaccine business. so all white and we saw that in singapore and a lot of elderly unvaccinated people unfortunately died. so so yeah, it's not, it shouldn't be a surprise. now. are there any parallels to be drawn between what's happening in hong kong and what's happening in south korea? we were talking before cases in south korea exceeded 90000 for a 2nd straight day. that is a significant rise so any country has to have a strategy in its, in its head very clear and, and at the moment to still go, if it covered 0, i don't think is unrealistic. i don't think it's realistic. and probably the concept of flattening the curve needs to come back. you can't just let it rip because there's, there's still too many people on baxon either than an even a small percentage of vaccinated. people can really put that still quite a large number. and

we have a special report from the singapore airshow. and the wonder material that's all around us. we go to sweden to learn how to build skyskrapers out of wood. we begin with the most powerful central bank in the world — the us federal reserve is signalling it is time to raise interest rates. the minutes from its latest policy meeting injanuary indicate the fed is willing to tighten monetary policy more quickly if inflation in the us does not come under control. this as prices are rising at their fastest pace since the 1980s — samira hussain has more from new york. the last time the central bank started raising interest rates was in 2015 as the economy slowly emerge from the long after—effects of their possession. then hikes were in the. this time, clearly, it is going to be different. the minutes from january's meeting show members of the committee which sets interest rates talking about how rapidly rising prices and a strong labour market are likely going to require a faster, their word, meeting of the feds target rate than we've seen for more than a decade. this would be

juliette saly in singapore. coming up, the ceo on the earnings and the austrian oil and chemicals group. plus its involvement in contentious nord stream 2 pipeline. the interview on the way. this is bloomberg. ♪ dani: -- manus: manus: it is "bloomberg daybreak: europe." i am manus cranny in frankfurt. dani burger in london. fourth quarter operating ebitda met the average estimates. let's see whether rosengrant can do a little bit more than average. he is the ceo. great to have you with us. margins, 13.1 percent, comfortable beach. operating ebitda at a nice beat. we have the data. the markets will want to know about your e mobility listing during the second quarter. what response have you had from institutional investors? what could this listing be worth? good morning. >> good morning. thank you for having me. yes, i will be happy to talk about e mobility. it is a great business for us, improving, growing dramatically. while positioned in the market. heading for the ipo hopefully during the second quarter. we

i'm karishma vaswani in singapore. 0ur headlines. the us secretary of state, antony blinken, says the extension of military exercises by russia and belarus has made him more worried that an invasion of ukraine is imminent. queen elizabeth tests positive for covid—i9. the 95—year—old monarch is said to have only mild symptoms. australia has fully opened its borders to international travels in almost two years. fully vaccinated tourists will finally be allowed into the country as it eases some of the well�*s strictest covid travel rules. we can cross live to sydney and speak to our australia correspondent shiloh kamil. great to have you on the programme —— shaimaa khalil. talk us through the significance of this moment for australia and what the changes mean. it's -- australia and what the changes mean. it's —— a big day for australia, it's a long—awaited change. after two years of isolation the country has gradually opened its international borders to australian nationals and visa holders. what's happening today is t

juliette saly joins us in singapore. juliette saly is not here in singapore -- i will take you through. ukrainian officials have agreed to meet with russian counterparts at the border of belarus. this hours after president putin put his country's nuclear forces on higher alerts. belarus is reported to be preparing to send troops into ukraine to help its ally moscow. the eu has agreed to send 400 50 million euros of military aid to ukraine for lethal weapons. the foreign policy chief says the package may include fighter jets for the ukrainian air force. it is the first time the european union has supplied arms to a country at war. member states that don't want to contribute lethal weapons will be able to abstain or make a parallel contribution of nonlethal aid. chancellor olaf scholz has announced plans for a massive boost in german defense spending. the policy shift was triggered by the invasion of ukraine, and it will see germany in -- putting funds into the military. they will be in line with the nato target that berli

live from our studio in singapore, this is bbc news. it is live from our studio in singapore, this is bbc news.— president biden has said the threat of a russian invasion of ukraine remains "very high" and could take place within days, despite moscow's claim to be pulling troops from its borders. his message was echoed at a nato summit in brussels, where western leaders said that far from withdrawing, russia had in fact added troops. and in a heated un security council meeting, the us secretary of state warned russia may be trying to engineer a pretext for an invasion. there've been reports that pro—russian forces have shelled a village and hit a kindergarten in eastern ukraine. here's our eastern europe correspondent sarah rainsford. heading right for the front line. ukraine's president went to meet the troops today and we went with him. if there is an all—out russian invasion, then these positions could be right in its path. so a bit of a morale boost for the soldiers on whom so much might depend. tea and chat with their president. one man even admitted his parents are nervous

in singapore and shanghai. welcome to bloomberg markets: asia. rishaad: let's have a look at our top stories. the west imposing sanctions on russia as the united states says the ukraine invasion is on the way. they cancel a meeting with moscow. investors assessing tensions in eastern european the dollar and gold is steady. hong kong hands-down its budget this hour per the covid spikes in pushing the city into a fourth annual deficit. haslinda: after the selloff yesterday, it is looking steady in asia. japan, we are seeing debt buying over the last two days. testing the correction territory. some bargain hunters out there. taking a look at where we are in terms of the benchmarks, singapore down seven tents of 1%. we have ocbc missing estimates. some gains including the csi 300 index. in the forex space, keep an eye on the kiwi dollar pit rbnz raising rates for a third time. looking at a cash rate of 3.2 5% by the end of next year. not a 50 basis point hike. gold getting bid up at 1900 dead is a haven play pin does look like investors are remaining

i'm karishma vaswani in singapore, our headlines. more russian military hardware heads for the as separatists in the east ask for help from the kremlin in repelling what they claim is ukrainian aggression. in response, ukraine's foreign minister calls for another emergency meeting of the united nations security council. away from russia's military build up, both moscow and kyiv are taking other steps in apparent preparations for a beginning of hostilities. russia says it will evacuate diplomatic personnel from ukraine — it says the measure is needed to �*protect their lives.�* you can see here how quiet its embassy in kyiv was on wednesday. meanwhile ukraine is to bring in compulsory military service for all men of fighting age. reservists are also being called up to join the regular army. here's our europe correspondent nick beake. with the freedom of his country in the balance, ukraine's most famous singer takes to the stage. an impromptu concert at the most perilous of times. he tells us the world should now offer its suppor

mariko oi and singapore. _ as well. mariko oi and singapore, thank- as well. mariko oi and singapore, thank you | as well. mariko oi and - singapore, thank you very much for that. the un security council has held an emergent meeting at putin's announcement had already raised tension. the uk is expected to impose sanctions on people and institutions linked to the covenant. it is the first run of sanctions that will be ratcheted up as russian troops into ukrainian territory and in the united states president biden says he will ban any new investment, trade and finance between the us, the two breakaway regions which have been recognised by russia. sanctions will also be imposed on anyone in those areas who are cooperating. canada has also said it is preparing to place economic sanctions and will impose more deterrence in response to any further russian military invasion of ukraine. those sanctions are designed of course to her to those with the power to change the direction of this conflict, so how could they affect the rest of us. joining me now is the investmen

live from our studio in singapore, this

i'm karishma vaswani in singapore. our headlines... protests against covid vaccine laws continue in canada. truckers had earlier blocked a key route into the us. after another frantic day of diplomacy over ukraine, poland warns it's the worst crisis in europe for more than three decades. let's turn to the winter olympics now. there are an unprecedented number of foreign—born athletes competing for china at these winter olympic games, many of them hailing from north america. one of the stars of the games is the freestyle skier, eileen gu, who was born in the united states, but has chosen to compete for china. the californian—born athlete won gold for china at the beijing olympics on tuesday. athletes like eileen gu face a complicated balancing act, with their ethnic and national identities pulling them in different directions. dr susan brownell is an expert on chinese sport and the olympic games and is a professor at the university of missouri—st louis. wonderful to have you on the programme. let's start by talking about eileen gu

i'm karishma vaswani in singapore, our headlines. european union leaders have agreed to packages but they say will have severe consequences for russia but some critics say didn't go far enough. the us presidentjoe biden has also announced new sanctions on technology exports, banks and individuals which he said would impose a severe cause on the russian economy. with the details here start diplomatic correspondent james details here start diplomatic correspondentjames landau. for correspondent james landau. for days, correspondentjames landau. for days, for weeks western politicians paid court to pull the russian leader back from the russian leader back from the brink. yet their diplomacy, their deterrence, their phone calls failed. now the world must face the consequences of this man's defiance. a burden that inevitably falls largely on this man's shoulders. putin is the aggressor, _ on this man's shoulders. putin is the aggressor, putin - on this man's shoulders. putin is the aggressor, putin chosel is the aggressor, putin chose thi

it collapses in singapore. the clean hedge in the event of conflict at an eight month high is the gold market. and do you want tn or swiss in the basket? -- want yen than the basket? looks like swiss is on the move as the hedge of choice. investors are quite literally on tenterhooks about the ukraine situation. the president spooked them with a video message. take a listen. >> we are told february 16 will be the day of the invasion. we will make it a day of national unity. a relevant decree has been signed. we will put out national flags and we will show our unity to the entire world. manus: his office later said it was sarcasm and it was more about the rest of the world predicting the date of an attack by russia. sarcasm costs. how quickly did they roll this backend what is the significance of the zelensky joke? dani: i know president zelensky of course has taken a lot of heat today being told this is not the time for irony or sarcasm, but actually, if you look at the video, particularly in ukraine, this was a

reporting live from singapore, i'm karishma vaswani. the headlines. as the battle rages, planned talks between ukraine and russia appear to have been delayed. washington condemns vladimir putin's decision to place russia's nuclear forces on high alert, calling it a dangerous escalation. translation: western countries are not only taking unfriendly - steps against our country and the economic dimension, but the top officials of leading nato countries also make aggressive statements with regards to our country. the european union announces it will ship arms to ukraine, calling the move a watershed moment for the eu. for the first time ever, the european union will finance the purchase and delivery of weapons and other equipment to a country that is under attack. and searching for a safe haven. poland says at least 200,000 people seeking refuge have now crossed from ukraine. live from our studio in singapore... this is bbc news. it's newsday. it's eight in the morning in singapore and 2am in the ukrainian capital, kyiv, where residents are trying to get

i'm mariko 0i in singapore. 0ur headlines... as warnings persist that a russian attack may be imminent, ukraine's president zelensky says his country is ready to fight for its freedom. canadian prime minister, justin trudeau, invokes rarely—used emergency powers in an attempt to end protests against covid measures. president putin has long made it clear that he considers ukraine and russia as one people, linked by history. his desire to keep ukraine within russia's sphere of influence is threatened in part by ukraine's desire to be part of nato, a defence alliance of countries in western europe and america. since the end of the cold war, countries have applied tojoin nato, expanding the organisation and pushing it eastward. ukraine has long wanted to join, and now the west believes russia, may be willing to go to war, to stop it. so, what's motivating the kremlin, in these next crucial hours? steve rosenberg reports from moscow. eight years after russia annexed crimea, is moscow on the brink of another invasion of ukraine? the

i'm mariko oi in singapore. our headlines... prince andrew has reached an out of court financial settlement with virginia giuffre, without admitting liability. russia claims some troops have withdrawn from the ukrainian border, but have they? president biden says allied action will be swift if there's an invasion. novak djokovic says he'd rather miss out on future tennis trophies, than be forced to take a covid vaccine. speaking exclusively to the bbc, the men's world number one insisted he wasn't part of any anti—vax movement, but believed the right to choose, was more important than any tennis tournament. he was deported from australia last month, for being a threat to public safety. he's been speaking to the bbc�*s amol rajan. he is widely held to be the greatest player of his time in an era already blessed with legends. but now he's the most controversial too. have you received any vaccination against covid? i have not. why? i understand that, and support fully, the freedom to choose whether you want to get vaccinated or

live from our studio in singapore. this is bbc news. it's newsday. it's 7am in singapore, and 6pm in new york — where prince andrew and virginia giuffre, the woman who'd accused him of sexual assault, have reached an out—of—court settlement, in a civil case. he'd previously said he wanted to contest the claims in front of a jury. there is no admission of liability by the duke, who's always maintained his innocence, but in the agreement, he accepts ms giuffre, has suffered as a "victim of abuse." he's also pledged to "demonstrate his regret for his association, with the convicted sex trafficker jeffrey epstein," by supporting the "fight against the evils of sex trafficking, and by supporting its victims". the duke of york is to make a substantial donation to ms giuffre�*s charity, supporting victims�* rights. with more on the settlement, here's our royal correspondent, nicholas witchell. for all the show of public defiance that he was determined to fight the case in court, it was always thought by lawyers and others that he would have to set

i'm in singapore. 0ur headlines. the white house says russia's claim of withdrawing troops from ukraine is false and that in fact it's sent in thousands more troops. heavy rains trigger landslides in brazil leaving dozens dead and a desperate search for survivors. let's get more on our top story now — the ukraine crisis. i've been speaking to nina yankowitz — from the wilson centre think tank, to find out if there has been any evidence of withdrawal of russian troops. looking at the open source intelligence that's available on the internet, as well as ordinary russians who are posting lots of videos on platforms like tiktok, we have seen no evidence of withdrawal either. in fact, there is satellite imagery showing that russian troops have built a bridge across the pripyat river, which is about six to four km away from the ukrainian border with belarus. and this is deep in the chernobyl nuclear exclusion zone, where people shouldn't be, so this is a very staggering sign, as is tank activity that has been noted on