parched and dried up in a given systems more than a dozen major dams across thailand are almost empty a dire situation with an unexpected silver lining at one drought struck reservoir a last buddhist temple has reemerged from the receding water. a cultural treasure long hidden on the water the construction of a dam 20 years ago inundated this buddhist temple in thailand for a province. now after months of drought it's reemerged leaving the memories to flood back. seeing the temple again is really emotional. when i was young i always came to meet friends at the elephant sculptures in front of the main building. that place was a landmark for children back. from a little the temple is normally covered by water and the rainy season you don't see anything. but the exposed to ruins but also a reminder of the harsh reality for local pharmacy the reservoir which kept the temple under water is at a record low as thailand faces its worst drought in a decade. we. currently have the water level in perceptual as it dam is even lower than the last record low in 2015. back then it was $33.00 centime

fast and dried up in a given systems more than a dozen major dams across thailand are almost empty a dire situation with an unexpected silver lining at one drought struck reservoir a last buddhist temple has reemerged from the receding water. a cultural treasure long hidden on the water the construction of a dam 20 years ago inundated this buddhist temple in thailand for a province. now after months of drought it's reemerged leaving the memories to flock back. seeing the temple again is really emotional. when i was young i always came to meet friends at the elephant scope shows in front of the main buildings are. reporting that place was a landmark for children back. but that might not have been little the temple is normally covered by water and the rainy season you don't see anything. but the exposed to ruins also a reminder of the harsh reality for local pharmacist the reservoir which kept the temple under water is at a record low as thailand faces its worst drought in a decade. we are. currently on the water level in perceptual as it damn is even lower than the last record low in

fast and dried up in a given systems more than a dozen major dams across thailand are almost empty a dire situation with an unexpected silver lining at one drought struck reservoir a last buddhist temple has reemerged from the receding water. a cultural treasure long hidden underwater the construction of a dam 20 years ago inundated this buddhist temple in thailand for a province. now after months of drought it's reemerged leaving the memories to flood back on the ground i'm seeing the temple again is really emotional. when i was young i always came to meet friends at the elephant scope in front of the main building. that place was a landmark for children back that. might not have been little the temple is normally covered by water and the rainy season you don't see anything. but the exposed to ruins also a reminder of the harsh reality for local pharmacy the reservoir which kept the temple under water is at a record low as thailand faces its worst drought in a decade. we are. currently on the water level in perceptual as it dam is even lower than the last record low in 2015. back th

and a martial art is born again probably come on was practiced on thailand's engine battlefields and is now making a comeback. i'm going to do welcome to news asia it's good to have you with us flooding brought about by torrential rains insult pushed india esk him some 200 people as authorities mount a major rescue and relief operation more than 100000 people have been moved to emergency shelter. transport links have been disrupted in many places emergency services have been boosted by personnel from the army navy and the air force from the worst hit states are maharastra or not to come and cadillac and i in fact suffered one of its worst floods in 100 years last year in which more than 200 people were killed. correspondent. has been one of the flood situation in southwestern india she explained how authorities are trying to help victims of a 24 hour helpline set up in new delhi by the national disaster response force the n d r f india does off the team is amongst the largest in the world than the 170 teams have been deployed across the country the military has also gotten involved a

service since 1984, 34 in service, high commissioner of india to bangladesh, ambassador of india to thailand and previously served as joint secretary, director general responsible for bangladesh and head of the united nations subdivisions, ministry of external affairs and served in various posts in vietnam, israel and south africa. in addition to the english and indian languages several indian languages, ambassador vardhan shringla speaks french, the enemies enable these -- and nepalese. with that i will turn the floor over to you and hear what the priorities are. thank you. [applause] >> good morning to all of our friends. i am very happy to be here at the heritage foundation, an organization that is very long-standing and excellent cooperation. i was also very happy to meet with the vice president of the foundation and i would like to thank the heritage foundation in particular for hosting me today and it gives me even greater pleasure to know that this session is being moderated by someone who is considered one of the foremost experts. thank you very much for agreeing to host this session

and why firefighters in thailand's capital bangkok a more busy dealing with snakes than extinguishing actual fire. welcome to do their business asia want to go jones and good to have you with us i'm starting with something of a surprise chinese internet commerce platform alibaba has delayed its listing on the hong kong stock market amidst the ongoing protests there the company a chinese version of amazon is currently listed on wall street and was estimated to raise another $15.00 to $20000000000.00 by issuing out shares in hong kong it's unclear when the listing go occur but insiders see the timing of the withdrawal as crucial some say it could send a signal to the rest of the world on the state of hong kong as a business and.

compared to vietnam in thailand cambodia is gemstone industry is still in its infancy but in recent times dealers have been coming together in an effort to market the country's precious stones have brought if we have that new technology. building yeah and ability that can sicking on this i think cambodia can recovery all that in mind. but finding precious stones is a matter of luck and many international mining companies aren't willing to make large scale investment based on serendipity so for now the search for gemstones continues to be led by enterprising individuals hoping to strike gold after some of the other business stories making news. samsung has unveiled its new galaxy note smartphone we are still full back some of the i phones market share south korean company is losing more battery life into its latest devices by scrapping the headphone jack something it mocked competitors for doing. it. added us sprinted to strong profit growth in the 2nd quarter running over a half a 1000000000 euros but sales grew less than expected sending its shares down its force by making says its bigge

and this friday's is still going up compared to vietnam in thailand cambodia is gemstone industry is still in its infancy but in recent times dealers have been coming together in an effort to market the country's precious stones have brought if we have that new technology. yeah and ability that can sicking on this i think cambodia can recovery all that in mind. but finding precious stones is a matter of luck and many international mining companies aren't willing to make large scale investment based on serendipity so for now the search for gemstones continues to be led by enterprising individuals hoping to strike gold. thanks for watching and have a good week at. the work on the book you are no one on the keyboard the focal length of. exposing justice global news that matters. for mines. climate change. the state. environmental. biodiversity species conservation exploitation equality. displacement. the global current local action. 3000. i was fishing when i arrived here i slept with 6 people in a room. it was hard. i even got white hair. it hit me out of office this hits me and they g

compared to vietnam in thailand cambodia is gemstone industry is still in its infancy but in recent times dealers have been coming together in an effort to market the country's precious stones abroad if we have that new technology. building yeah and ability that can sicking on this i think cambodia can recovery all in the mind but finding precious stones is a matter of luck and many international mining companies aren't willing to make large scale investment based on serendipity so for now the search for gemstones continues to be led by enterprising individuals hoping to strike gold now after some of the other business stories making news samsung has unveiled its new galaxy note smart for personal colback some of the i phones a lot of south korean company is full battery life into its latest devices by scrapping the headphone jack something it mocks competitors for doing. added us sprinted to strong profit growth in the 2nd quarter running over a half a 1000000000 euros but sales grew less than expected sending its shares down was forced to make it says its biggest problem is overcoming s

and why firefighters in thailand's capital bangkok a more busy dealing with snakes than extinguishing actual fire. come to do their business asia want to get jones good to have you with us then starting with something of a surprise chinese internet commerce platform alibaba has delayed its listing on the hong kong stock market amidst the ongoing protests there the company a chinese version of amazon is currently listed on wall street and was estimated to raise another $15.00 to $20000000000.00 by issuing out shares in hong kong it's unclear when the listing growth occur but insiders steve the timing of the withdrawal as crucial some say it could send a signal to the rest of the world on the state of hong kong as a business and financial sector. well for more on that story let's bring in our business correspondent in singapore under your hang andrea what is the region making of a.

compared to vietnam in thailand cambodia is gemstone industry is still in its infancy but in recent times dealers have been coming together in an effort to market the country's precious stones abroad if we have that new technology. really yeah and ability that can sit on this i think cambodia can recovery all that in the mind but finding precious stones is a matter of luck and many international mining companies aren't willing to make large scale investment based on serendipity so for now the search for gemstones continues to be led by enterprising individuals hoping to strike gold. thanks for watching and have a good week at. the international auto show for journalists to discuss the topic of the sun though which really run in the u.s. in the persian gulf continues with each side accusing the cut off aggression of so can you or play a role in. the crisis or is it stuck helplessly on the sidelines find out 1.3 go shortly. 16 minutes on. every journey begins with the 1st step and every language the 1st word can go nico is in germany to find the church. why not come with him for i am. it's

flock to the ancient temples of bali and cambodia the last jungles of borneo or the stunning beaches of thailand but it's coming at an ever increasing cost to the environment and some countries have begun to draw consequences thailand's mob a remains shut indefinitely and last year the philippine government temporarily banned all tourist from boracay saying the family pristine holiday island have become a quote cesspool and a cleanup was needed to avoid an environmental disaster now indonesia is taking a similar step it's planning to shut down part of komodo national park next year to help save its famous and endangered inhabitant the mighty komodo dragon. well come to komodo island part of the comodo national park and home of the world's largest lizard the komodo dragon. welcome for now because the island could be off limits to tourists from the start of next year to get the dragon and the honest ecosystem some much needed time to recover. komodo dragons must be saved and preserved because there's only one komodo dragon in the world and i always joke that even in heaven there are no komodo drag

most are exported to thailand to be cut and made into jewelry which is where the real profits are being made. a 20 karat dark blue gemstone that's what khaitan spends hours each day searching for were he to discover one he'd be a rich man the pile in province in western combo has long been known for precious stones but heavy exploitation means discoveries are now rare still now and then someone will get lucky and stumble upon a soft fire or a ruby. i earn $500.00 u.s. dollars some months other months though i don't find anything and so i earn nothing it's all a matter of luck. the miners have been waiting for this man lead he's a gemstone dealer and he's going to examine today's whole. shows and what he's got he's hoping for a good price to get an accurate valuation the stones would need to be tested in a lab but the dealer can make an estimate based on his experience. this stone isn't anything special we call it tone here i'll say it's worth about $150.00. over the past few years come bodie has posted solid growth of more than 7 percent this is given rise to an expanding middle class w

and this friday it is still going up compared to vietnam and thailand cambodia is gemstone industry is still in its infancy but in recent times dealers have been coming together in an effort to market the country's precious stones abroad if we have that new technology invest. yeah and ability that can sicking on this i think cambodia can recovery all that in the mind. but finding precious stones is a matter of luck and many international mining companies aren't willing to make large scale investment based on serendipity so for now the search for gemstones continues to be led by enterprising individuals hoping to strike gold. thanks for watching and have a good weekend. the 1st. robots are still in the development phase split screen to happen when they grow. will humans and machines be able to peacefully co-exist for the farm we on the verge of a robot collapse. if we just bubble of this totally unprepared. she seemed to think about what could go wrong then let's face it it's probably going to be the biggest mistake in human history. artificial intelligence is now spreading from our soc

flock to the ancient temples of bali and cambodia the last jungles of borneo or the stunning beaches of thailand but it's coming at an ever increasing cost to the environment and some countries have begun to draw consequences thailand's maya baby remains shut indefinitely and last year the philippine government temporarily banned all tourists from bada k. saying the formally pristine holiday island had become a quote cesspool and a cleanup was needed to avoid an environmental disaster now indonesia is taking a similar step it's planning to shut down part of komodo national park next year to help save its famous and endangered inhabitant the mighty komodo dragon. well come to komodo island part of the komodo national park and home of the world's largest illicit the komodo dragon. welcome for now because the island could be off limits to tourists from the start of next year to get the dragon and the islands ecosystem some much needed time to recover. komodo dragons must be saved and preserved because there's only one come out a dragon in the world i always joke that even in heaven there are no kom

flock to the ancient temples of bali and cambodia the last jungles of borneo or the stunning beaches of thailand but it's coming at an ever increasing cost to the environment and some countries have begun to draw consequences thailand's mile bay remains shut indefinitely and last year the philippine government temporarily banned all tourists from barak a saying the formally pristine holiday island had become a quote cesspool and a cleanup was needed to avoid an environmental disaster now indonesia is taking a similar step it's planning to shut down part of komodo national park next year to help save its famous and endangered inhabitant the mighty komodo dragon. well come to komodo island part of the canadian national park and home of the world's largest illicit the komodo dragon. welcome for now because the island could be off limits to tourists from the start of next year to get the dragon and the honest ecosystem some much needed time to recover. komodo dragons must be saved and preserved because there's only one come out of dragon in the world i always joke that even in heaven there are no ko

>> if you think about it, thailand is in a frequent position. we are not at war with anybody. actually a small country, people are looking at it as a good country for investment, a hub for industrial productions, and some people will be moving here to curb the impact further business, whether it is even for living. if you bring in production, you must invest in the residential for the worker also. 20%inda: so you are saying slow down even next year? >> of course there will be a slowdown. haslinda: 30%? 40%? >> you can't really say that. you have to depend on the product itself, the category. we have to sell to the thai. it is a small amount that will be impacting us. but of course, it will impact. i'm not saying it is not. take a look at it this way. as a foreign buyer, maybe it's a good time to buy. the last five years, the high property markets have gone up. people would buy five years ago and make a lot of money. that, lots of money on currency appreciation, almost 10%. actually, they make 10%, plus 20%. they made a lot of money already. of course with risk appetite comes w

they cut also in thailand yesterday. this is bloomberg. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. emily: i'm emily chang in san francisco. this is "bloomberg technology." coming up in the next hour,, go for lift off. shares in the ride-hailing companies surged after hours as the company beat estimates for the second quarter. news on the lyft lockup is causing volatility in trading. we will bring you the latest on lyft's results from one

andy a at along with while thailand is seen holding steady. the offshore yuan in focus, sticking above the seven handle. the pboc moved to stabilize the currency. paul. paul: thanks. let's get a check of the first word news with that of the dead. -- ritika gupta. ritika: the japanese economy has fallen to a level not seen since the wake of the -- the meeting index dropped to june, the lowest since february, 2010. it is one of the broadest indicators of activity, drawing on nine measures. regulators in singapore and india have approved a stock trading link, ending a year-long dispute that left investors with no easy way to hedge risk. it is expected to earn official approval and be operational by the end of the year. aftero sides traded barbs singapore announced single stock futures are some of india's top companies. australia issued a warning to travelers to hong kong, recommending they exercise a high degree of caution as unrest in the city escalates. there were more clashes on tuesday night as police charged protesters who surrounded a polic

a master in thailand, to work on areas that bring benefits. in other words, and coordinated patrols, and increasingly, in economic development. on the indo pacific strategy is a positive interface, a way to work with them to get the best requirements. the initiative is essentially between the tropics of capricorn and cancer, these have abundant sunshine but don't have resources and took capacity and know how to convert that natural resource. we in india have a self-declared objective to meet 40% of our energy requirements through nonfossil fuels and other sources of energy by 2050. we want to make sure we have the intention of energy capacity of which a lot has already been installed. and work with other friends, and it has been so successful that it is no longer confined, every country has been invited to join a large number of countries including the un, part of this effort between us and other organizers of the borderlands. waiting for this assistance in capacity of countries all over the world so these are examples of what to do a global b

but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying their best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boost spending where economic activity may be stalling. some analysts say it may be too early to cut rates despite the global economic slowdown as it leaves central banks with fewer instruments to spur expansion if economies do take a downturn. well despite that trade war us china and dozens other nations have signed a landmark mediation treaty in singapore the pact allows parties involved in international commercial disputes to carry out mediated settlements in their own courts an avenue that was not previously available in cross border disputes singapore's prime minister says although multi-lateralism is under pressure the

thailand did something. the thread linking all of these is that all of these central banks are citing concern about the global outlook as their principal theme, issues like backdrop and domestic are there. trade are citing conflict, declining business confidence. with the clearing of the throat, and inflation is below target. >> it helps to keep perspective here. with recent moves we saw from india, new zealand, thailand, a lot comes down to how they intend to support growth. what can observers look to in order to forecast what perhaps comes next given that indicators like gdp and inflation are not as important? >> if you listen to what the central bank officials said yesterday, they were pretty candid and clear. there is an easing cycle underway here. this is not remotely we are finished. in new zealand, the governor said at his press conference that he was perfectly open about what he called unconventional measures including negative interest rates. new zealand has always seen itself as somewhat apart from

rishaad: we will joined -- be joined by thailand's minister. this is bloomberg. ♪ oneaad: let's look at the earlier on -- yuan fix earlier on. this chart is sending the message arguably that the pboc wants a stable currency. perhaps also they don't want people to think it is a one-way bet. david: they are trying to rein in the weakness. it was a strong message, but obviously not strong enough as we saw the currency gain and two minutes after quickly reverse those gains. this is the midpoint, the daily fix. that is the goldman sachs estimate and there is a big difference. rishaad: let's get frank benzimra's views. how does this play into your equity strategy? frank: what is interesting to note is in this current phase of depreciation, we don't have a negative impact on the fact we had in the previous day of the depreciation because there is not the same kind of panic and concern of capital flight that we could have heard in the past and the interesting thing is if we look at the last three months, the only major market in asia which increased

how does thailand taste fish. w. correspondent susan. thanks for the various flavors of the sonic craziness our. fusion and the time and the challenge for you. tasty tied. for september 1st on d w. play. play. play. play. play the but. this is d w news live from berlin britain's prime minister boris johnson takes a dramatic step he says he has asked the queen to shut down to parliament until just a few weeks before princess opponents are calling the plan dangerous and a dark day for democracy. also coming up it is the sufficient time in italy political parties must reach an agreement on forming a new coalition government or the country will face fresh elections and polls say that is likely to put western europe's 1st far right government to.

35 years of service, he served as high commissioner of india to bangladesh ambassador , of india to thailand and previously served as joint secretary, director general responsible for bangladesh and sri lanka and the maldives. he headed the united nations subdivisions, ministry of external affairs and served in various posts in france vietnam, , israel and south africa. in addition to the english and indian languages several indian , languages, ambassador vardhan shringla speaks french, the vietnamese and nepalese. and with that, sir, i will turn the floor over to you and we are extremely eager to hear what the priorities are for the government. thank you. [applause] >> good morning to all of our friends. i am very happy to be here at the heritage foundation, an organization that is very -- with which we have had a very long-standing and excellent cooperation. i was also very happy to meet with the vice president of the foundation and i would like to , thank the heritage foundation in particular for hosting me today. and of course, it gives me even greater pleasure to know that this session

how does thailand taste it. coming correspondent. and host a link explore the various flavors of exotic squeezing out. fusion and so on i have the challenge for you. tasty tied to. start september 1st on d w. plate. this is news coming to you live from above and you can't buy mr barnes johnson heads to europe to try and persuade but in and paris to change the banks that agreement and scrappy irish backstopped suggest johnson's mission will not budge and here's one reason. why of course. what i'm concerned about is people will try to use early polls from bracket. from the border post as an excuse to start another war. people in northern on in few jones.

but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying their best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boost spending where economic activity may be stalling. some analysts say it may be too early to cut rates despite the global economic slowdown as it leaves central banks with fewer instruments to spur expansion if the economies do take a downturn. well despite that trade war the us china and dozens other nations have signed a landmark mediation treaty in singapore the pact allows parties involved in international commercial disputes to carry out mediated settlements in their own courts an avenue that was not previously available in cross border disputes singapore's prime minister says over multi-lateralism is under pressure

people have been providing support for long-duration bond supports in thailand. again, it has been benefiting from low will be interest rates and a very passive central bank. rishaad: same environment india has. if we look at how much indian bond yields have been falling, you would think they have been cutting rates by 100 basis points. guest: we are expecting this. it will be the fourth rate cut. it is more than the rate hike we saw last year. clearly indian bonds have done very well. we have a recommendation there. india has been benefiting from for the benign inflation. at the moment inflation doesn't look like it will hit the 4% target for rbi. and growth has been disappointing. fiscal flexibility, the ability to use fiscal policy is limited in india. the only -- at the moment we think this will be may the last cut for now. after the rate cut this week they will be data-dependent. having said that i think the market is pricing in a little more rate cut. it is very data dependent. if domestic consumption continues to be weak, i think there is potential risk th

many were creole-ized, intermarried in thailand, malays malaysia, and the philippines. for the europeans and americans, there's been a long history of -- as a result, the fact is the brief supremacy of japan during world war ii, you can see in the middle with the propaganda posters with the much maligned octopus. that brief supremacy was an interlude in a much longer history of treating the chinese as the -- threatening via immigration, in the top left corner or threatening southeast asia via communist expansion. usually, what the americans, the british, and many conservative southeast asian elites believed was china even when it was ruled by the chinese nationalists, and especially so when it was dominated by the chinese communist party, they believed that china will use its networks to expand its influence. the chinese diaspora by presidethe 1950s numbered millions. o often expressed a concern that the chinese had underlying loyalties to, quote, the mother country, sting that boomething both sides of the atlantic used. the british called them a chinese problem, a stat

but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying very best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boost spending where economic activity may be stoli. some analysts say it may be too early to cut rates despite the global economic slowdown as it leaves central banks with fewer instruments to spur expansion if economies do take a downturn. but just how rattled are the markets our financial correspondent yan's carcass folk to silver bear capitals director floor trading. it only seems to be one topic for the past month i would say trade between china and the u.s. so how concerned are you overall you know your 100 percent right and that's been moving the markets whether it's tweets from china tweets from our president the whit

but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying very best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boosts spending where economic activity may be stoli. some analysts say it may be too early to cut rates despite the global economic slowdown as it leaves central banks with fewer instruments to spur expansion if economies do take a downturn. but just how rattled are the markets our financial correspondent yan's cortez folk to silver bear capitals director floor trading. if they only seems to be one topic for the pasta month i would say trade between china and the u.s. so how concerned are you overall you know you're 100 percent right and that's been moving the markets whether it's tweets from china tweets from our president

lowers rates, all these other countries have to follow for example, thailand just central bank of thailand just reduced the rates. you are seeing this around the world. it's sort of a race to the bottom bond markets, of course, those who were holding high yield bonds would be doing okay. but here in thailand, for example, the most risky loans are going for about 8%, which is not crazy and that good company can get money at 3% or less. so this has got to be good for companies that have to raise money. and many of them are in that situation. because they've, many of them have extended a little bit too much but the markets are still a long way too go up. >> mark, moving back to coin, multi-nationals are moving their manufacturing out of china to thailand, vietnam, malaysia dow and hp have moved laptop production how big of a problem is this for china? is it localized to just a couple big players? or is china going to see a serious deterioration in the manufacturing base due to these tariff tariffs? >> there is, it's a problem. there is no question about it. because some of these companies hav

but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying their best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boosts spending where economic activity may be stoli. some analysts say it may be too early to cut rates despite the global economic slowdown as it leaves central banks with fewer instruments to spur expansion if the economies do take a downturn. but just how rattled are the markets our financial correspondent yan's cortez folk to silver bear capitals director floor trading. if they only seems to be one topic for the past month i would say trade between china and the u.s. so how concerned are you overall you know your 100 percent right and that's been moving the markets whether it's tweets from china tweets from our presiden

but india wasn't the only surprise for investors thailand central bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u.s. china trade war is taking its toll and central bankers are trying their best to avert recessions cutting interest rates makes money cheaper to borrow and that generally boost spending where economic activity may be stoli. some analysts say it may be too early to cut rates despite the global economic slowdown as it leaves central banks with fewer instruments to spur expansion if economies do take a downturn. but just how rattled are the markets our financial correspondent yan's cortez folk to silver bear capitals director floor trading. it only seems to be one topic for the past month i would say trade between china and the u.s. so how concerned are you overall you know your 100 percent right and that's been moving the markets whether it's tweets from china tweets from our president the whit

points a bit deeper than expected and it wasn't the only country surprising investors on wednesday thailand's central bank unexpectedly lowered rates for the 1st time in 4 years a new zealand cut by 50 basis points to its lowest level ever one percent new zealand is a major trading partner of china where purchases have slowed and a trade war with the u.s. is taking its toll. still the move caught investors off guard sending the new zealand dollar falling 2 percent. south korea's central bank has meanwhile said it stands ready to cut rates if needed. cutting interest rates makes money cheaper to borrow ideally sending more of it circulating through the economy and boosting stagnant markets. but some analysts worry that cutting rates now to curb a slowdown leave central banks too little space to act in the event of a real economic crisis. but nations here want to get ahead of the next recession and they're following the lead of other central banks most notably the federal reserve. looming over everything is that trade war between the us and china a conflict shows little signs of abating. despit

i would say more brutal than in the philippines and thailand. but put simply, it was us versus them mentality. indigenous nationalists targeted the chinese as greedy capitalists, infidels, aliens, collaborators with the dutch. indigenous chinese attacked chinese businessmen in the 1930s. and chinese economic activities were restricted and some 100,000 ethnic chinese fled the country for fear of prosecution. i want to say this is a kissing cousin to what was happening in malaya, because during the emergency, the mcp campaign, some 40,000 ethnic chinese were deported from the country while the war was going on. isn't he a left-leading leaner? here the british role of colonialism will be crucial. but please hold on i will go over the brief detour of the long shadow british cast over the u.s. i mentioned earlier there was a tremendous american fascination about british counter insurgency. they obsessed about learning from it. this article came out in the reader's digest in 1962. he was the co-author of "the ugly american" that best seller. this arti

australian and thailand unlikely to cut this week. australia had june and july back-to-back rate cut signaling a pause and seeing housing market stabilization and labor market tightening, not as much room to ease. thailand has been among the most interesting to me to watch in southeast asia, a hawkish lean than the rest of its peers in the region. worried about housing and auto market bubbles. what is interesting is strengthening. -- the thai baht is strengthening. shades further to the dovish side, we have the philippines expected to cut interest rates. they have signaled patients as of late -- patience cut rate ned india likely to pull the trigger on another interest rate cut. they are looking at external factors. india is more a domestic factor in terms of low inflation and more dovish board they have got seeing financial sector troubles. really something for everyone, five central banks out of the asia-pacific. shery: you mentioned inflation. how much room do they have to move? it is more a diverse set even among these five but so

points a bit deeper than expected and it wasn't the only country surprising investors on wednesday thailand's central bank unexpectedly lowered rates for the 1st time in 4 years and new zealand cut by 50 basis points to its lowest level ever one percent new zealand is a major trading partner of china where purchases have slowed and a trade war with the u.s. is taking its toll still the move caught investors off guard sending the new zealand dollar falling 2 percent. south korea's central bank has meanwhile said it stands ready to cut rates if needed. cutting interest rates makes money cheaper to borrow ideally sending more of it circulating through the economy and boosting stagnant markets. but some analysts worry that cutting rates now to curb a slowdown leave central banks too little space to act in the event of a real economic crisis. but nations here want to get ahead of the next recession and they're following the lead of other central banks most notably the federal reserve. looming over everything is that trade war between the u.s. and china a conflict that shows little signs of abating

thailand, august export level in 2018 was the best on record since 1991. south korea gauge level was the 2013.ince late and for taiwan, the october export orders was the best on record back to 1984. just for reference, 1984 was the first year that samsung first exported vcrs to the u.s.. just to give an idea how long it's been since we've seen such high levels on top of all the other trade lows. year on your figure set to look even uglier ahead. >> that's a tough line. >> what better way to get into that than through this graphic that shows it could underperformed these insights but quite a bit. the capital index has fallen 10% , up nearly 2% through this year. bearishns investors are and that is a good indicator of consumption as well as investment in india. investors who are expecting a yearnd from the 5.8% five low that india grew at between january and march of this year to rebound from april to june will have to temper their because this capital good index shows investors are pretty much bearish and is likely to mean that given the frequency indicator

the bank of thailand was not supposed to move at all, they go 25. the bank of india surprises everyone with a 35 basis point cut in the bank of new zealand sends its edge mark rate down 50 basis points. quite a surprise. let me show you one thing quickly. this is where we were when we went out of the recession. we are way down now. a lot less room for these banks to cut. they may have to do more. if currency wars are heating up, they may have to do more. the kiwi and the australian dollar, the australian dollar on hold. they are at their lowest in years as the currency plunge because banks are coming rates. japan is the only safe haven. what are they going to do about the yen? it will hurt their economy of something doesn't change. they do not have a lot of scope for movement, nor do other central banks because we are way down below where we were. this is where we were going into the last recession and they cut rates sharply. now here is where we are. the fed has the most room, but we are not in recession yet. what is the bank of england, japan, and

this was cloudy elsewhere and a fairly humid feel but that's more or less the cutoff you come south of thailand this don't much revealed by satellites is daily thunderstorms wanted to maybe in parts of borneo maybe northern sumatra and that's reflected in the forecast an occasional share maybe otherwise we hang on to the dry season particularly for indonesia but for much of malaysia as well now drifting out to the monsoon as it is now have supposed to be regressing from india there are showers all over the place and i have to say this couple days for most of india at least looks quite wet. weather sponsored by countdown it was. arts. rewind returns with a new series. and brand new updates on the best amount using these documentaries. rewind continues we have to be an afghan i never forget it and i read about it and this is the other the proudest day of my rope my life that was a real turning point because that gives them a lot of confidence that they can beat any team in a shooter on al-jazeera. you're watching the news hour on al-jazeera with me fully back to our in mind of our top stories a c

defenders close to my drone was smashed several times when i received death threats i fled cambodia to thailand to see him. however i still continue my work. in these teams the camp down to the. the been tipped off there is timber on the mood. where it's going is an international scandal. to find out more we travel to cambodia's border with vietnam on a stretch of road playing is most camillia where. he will fall. along the rugged lang recognizes sponsors for the timber smugglers they had to report anything they can upset business including the appearance of activists like him. and smaller program for me he. can. this is the official border but it's not the favored route of return to smugglers of my they're armed with about 20 illegal crossings here. and i can see the checkpoint today there is a rampant illegal industry smuggling timber across this border but despite the work of laying in divers exposing it the news recently struck a deal that will allow vietnam to certify its own timber exports to europe vietnam is a fictive lee laundering then exporting illegally launched timber from cambodia

the bank of thailand cut. the tool of lowering rates, devalue the dollar may not be as potent as it used to be. charles: carol, we can't say, the other issue is, other central banks are cutting and they're cutting dramatically. there has to be a relationship, a correlation between our rates and global rates and global economy it would seem and also the dollar does hurt the multinationals. that is why the dow has been hit harder since china lowered its currency than any other index because where you have a whole lot of multinationals. >> absolutely. it's a fair point. i do think we need better coordination amongst our allies. we need to be having more dialogue so we're more coordinated but as jennifer mentioned. this is sort of a vicious cycle. we cut rates, so they feel like we have the cover to cut rates. so they cut rates and we cut rates. it is very dangerous. we'll end up with a place, more risk assets or bubbles. we'll not have any arrows in the quiver around the world when we do have recession. at some p

we were not expecting to see a cut from thailand. while that might not be a headline story on its own, we have seen the indian central bank cutting, the new zealand central bank cutting by much more than expected. what does this leave you thinking when it comes to the global easing that we are seeing at the moment? this is a trend that is gaining momentum. themos: when it comes to smaller economies, they need to consider a lot more what is going on with respect to the benchmark country's. when it comes to the big economies, they have been setting the tone. shift fromen a huge the fed's stance from this time last year. you have also seen the ecb -- and i think the smaller central banks are basically taking advantage of the opportunity and easing even further to cushion their risk. it is a rational reaction. the main question for the trend, which you rightly point out, is how the fed but takes it from here in terms of the easing. how far, how fast, and so on, and so forth. a the fed disappoints, then lot of the central banks may find t

thank you. >> so the diplomatic records of countries like malaysia, singapore, philippines, thailand, all of them are pretty much not available for various reasons which i won't go into here. but when you don't get those diplomatic records then you ask yourself how can you get at some of these actors who play a very important role and exercise a great amount of agency but don't necessarily turn up in official records and so that's why i get this story. i was able to get his private papers that have not ever been featured in an international-lace. instead he's always been pictured about a domestic story of race relations and malayan independence. what i was able to find when i put it in that much larger context is the things he did to drive a bargain with the united states malaysian national organization these had much wider ramifications and i was able to get that out of his private papers. this was available at the institute of southeast asian studies, freely available for study but not tapped in this particular way. another one of those private papers was the foreign minister of sin

quick question on thailand. how attractive is thailand right now? we would still probably think that a lot of that attractiveness is already in the price and we have seen the long and rally more than 150 basis points over the last. question, do we still have enough attractiveness left in that part of the curve is to mark i would still struggle to see it go meaningfully higher. seetill continue to political issues coming up and in that scenario we think it is emblematic and unlikely that we are going to see it in the near future. >> but remains resilient. the em debt portfolio manager, thank you for your insight stop still to come, a pledge to work longer and build higher in singapore -- the prime minister gives his national day speech next. this is bloomberg. ♪ ♪ this is "bloomberg markets. i'm rishaad salamat. >> i'm haslinda amin. long is shaking things up as he prepares to hand power to a new generation. he gave his annual policy address on sunday. difficult now is -- a time for singapore -- how does he think singapore can fair? >> they are p

plutonium all over the blast site and the sea, russia is going to have a hard time blaming that on thailand or on crabs for all that much longer. don't worry, though, the same russian nuclear agency rasadam that had five scientists killed in the mysterious blast, the same russian nuclear agency has also now made a big new announcement that we all can see happening, which is that they just set sail into the arctic with this nimble little vessel. it's longer than a football field. it is loaded up with nuclear fuel. russia's very, very proud of it. just this weekend, this was the world's first floating nuclear power plant which russia set sail into the arctic aiming right toward alaska. literally, it is a floating nuclear power plant. what could possibly go wrong? it just left russia this weekend. is heading up through the arctic toward a remote part of russia that is just across the bering strait from alaska. so, that's fine. green peace is calling this vessel the nuclear titanic. russia said in response to green peace that they're a bunch of scare mongers. the russian news agency, which lost

my drone was smashed several times when i received death threats you know i fled cambodia to thailand to see a repro vince however i still continue my work. in these teams the camp down to the. they've been tipped off there is timber on the moods where it's going is an international scandal. to find out more we travel to cambodia's border with vietnam on a stretch of road playing is most familiar where. he will fall. along the rugged lang recognizes sponsors for the timber smugglers they hate to report anything they can upset business including the appearance of activists like him. in smaller program formation and. this is the official border but it's not the favored route to return to smugglers of my they're armed with about 20 illegal crossings here. and i can see the checkpoint today there is a rampant illegal industry smuggling timber across this border but despite the work of laying in divers exposing it the news recently struck a deal that will allow vietnam to certify its own timber exports to europe vietnam is a fictive lee laundering then exporting illegally logs timber from

he is talking about cuts in thailand and india. sameer hashmi has more from mumbai. it was widely expected there would be a rate cut but what really took everybody by surprise was the npc, the 6—member committee that decides on interest rates, decided to cut the key lending rate by 35 basis points, which is higher than expected. the main reason for thatis than expected. the main reason for that is the state of the economy. the indian economy has been struggling, consumer demand has gone down, businesses have been struggling, and they have also been finding it difficult to borrow money. so that was really the real reason or the main driver behind this decision. that's here what the governor of the reserve bank of india had to say after the decision was made. with inflation predicted to remain within target, addressing growth concerns by boosting aggregate demand, especially private investment, assumes the highest priority at this juncture. investment, assumes the highest priority at thisjuncture. the big question is will this rate cut really help revive economic gro

was very disturbed for a good part of central and southern thailand bangkok 33. terry. welcome back you're watching al-jazeera live from doha your top stories thousands of people are set to run in pakistan after the 1st friday prayers indian administered kashmir was stripped of its autonomy pakistan's foreign minister who is welcoming the demonstrations has arrived in beijing chinese. thousands of anti-government protesters in hong kong the main airports jeeping that's a carry on as soon as the damaging the economy but flights are running to show. the rebels say the younger brother of their leader abdel malik al who see has been killed the issued a statement announcing the death of ibrahim bad. they didn't specify the cause they're blaming agents of what they say is the u.s. is really coalition separatists fighting government forces in southern yemen for a 3rd day at least a dozen people have been killed since the conflict broke out separatists are supported by the e.u. and accuse the saudi backed government forces of conspiring against. the world food program sa