the americans are certainly trying to bring southeast i certainly trying to bring southeast asia closer to the us. the american grand strategy for managing the rise of china has shifted from the trump years into trying to encourage allies to get closer to the us. but there's a couple problems with that from a southeast asian viewpoint — one is from the american way of looking at things, northeast asia is the set centre of gravity, and northeast asia on the indian border... but secondly and more

i think perhaps the southeast asia want to focus more on matters now... the southeast asia want to focus more on matters now. . .- the southeast asia want to focus more on matters now... thank you so much forjoining _ more on matters now... thank you so much forjoining us _ more on matters now... thank you so much forjoining us on _ more on matters now... thank you so much forjoining us on newsday, - much forjoining us on newsday, peter. let's take a look at some other stories in the headlines. the g7 group of rich democracies has warned russia of "massive consequences" if it invades ukraine. speaking after a summit of foreign ministers in the english city of liverpool, uk foreign secretary said they had sent a clear message to russian president vladimir putin. we want russia to stop its aggression with respect to ukraine. and we are very clear that there would be severe consequences if that incursion took place. this is about deterring russia from taking that action. naftali bennett has arrived in the united arab emirates on the first—ever official visit by an israeli prime minister.

southeast asia takes on added importance for washington. trying to build up alliances to pressure bridging over everything from human rights bruises -- human rights abuses to the south china sea. something that has been a point of consternation between beijing and jakarta. with them rattling in recent months of repeated incursions. we have china reportedly harassing vessels. yvonne: as we were talking to bruce einhorn, when it comes to trade, which is what southeast asia wants to get some kind of concrete talks going on some kind of strategy, maybe the u.s. will not be able to deliver on that front. maybe when it comes to the deliverables, we might be disappointed. it david: david: is his first stop and i believe he is also moving onto malaysia and thailand after that. the only one lacking i would imagine, philippines, vietnam, singapore. a good representation of the economy and the sectors. this is a very long introduction by the way. rishaad: i think she is reading war and peace. there we go. let's have a listen and this indo pacific stra

telling was at the forefront of reopening tourism in southeast asia and pretty much asia—pacific. there were few countries in the region that were as open as thailand to international business. it's been open since the beginning of november and numbers were starting to increase, perhaps not reaching the levels that were expected and certainly nowhere near the levels of 2019, but there was some growth. when sleep we are moving into the key season, the peak season of december, january and february for thailand's of these measures to be taken now, that each of the seriousness that thailand is taking 0micron before the tourism industry, it takes everything back perhaps a year but that's where we were a year ago and for the industry not just in thailand but the signals that sends out across southeast asia and asia—pacific, it's gloomy right now. asia-pacific, it's gloomy right now. ., , ., ,., now. indeed, and if you point out this is— now. indeed, and if you point out this is the _ now. indeed, and if you point out this is the sort _ now. indeed, and if you point out this is the s

southeast asia, it is gloomy right now. and as you point out this is the peak travel season for southeast asia. so given the back drop of what you have described, what is your outlook for 2022? described, what is your outlook for2022? for southeast described, what is your outlook for 2022? for southeast asia and travel companies and the travel sector? sector? that is a tough question. 0ne that is a tough question. one of the golden rules we learnt and travel over the past two years is to not make too many long—term predictions. things happen so fast in a dynamic and fluid situation. we would have to say that globally right now 0micron is in control that the coronavirus has taken control over travel again. you mentioned of course that this is the peak season so looking at the year—end christmas and new year bookings. if we could go back slightly to october and november you would remember that some countries in the region were starting to open more liberally. thailand, singapore was scaling up its vaccinated travel lanes.

our next guest talks about spikes in southeast asia. let's bring in the investment director at cafe innovations. not a great start. >> thanks for having me. it wasn't, but you have to feel for grab. this is resiliency on their part. they are listed at one of the most volatile times in the markets. you've got the vix up at 27 points, so i think with their core business going through covid in each one of the countries they operate in, i think there is much to be expected from grab. while there wasn't -- the bumpy asked start, i think they will be resilient and they will be fine in the long term. go ahead. haidi: i was going to ask, when they talk about the dominance across various markets and businesses in terms of food delivery and ride-hailing and payments, is that a strength? >> it is a strength. if you zoom out on the aperture and think about southeast asia as a whole, the ecosystem, grab included, are building for people. they are tilting for 100 million people that -- building for 100 million people that have low penetration rates f

that's why there's so much concern from northeast asia, the southeast asia, and from the me con river them civic islands, about visions aggressive actions. claiming open seasons there on the storing open markets through subsidies to its state run companies denying the export. so revoking deals for countries with policies, it does not agree with engaging in illegal on, reported, and i'm regulated fishing activities, countries across the reason why this behavior to change. we do to a florence louis is following the story from calling them poor for us. how significance is this intervention for months? me blinkin it is significant, and this is the us wants to reassert its influence in southeast asia. it wants to reset ties with nations. here. this is a region that was largely overlooked under the previous administration led by former president donald trump. but now the biden administration, si se asia, as vital to its efforts to push back a rising china. and earlier this year, we've already seen several high ranking us officials visit, including us defense, secretary lloyd austin, as well

to southeast asia. that underperformance in southeast asia sets us up well for 2022. as you see larger and larger tech companies becoming part of the constituents in southeast asia, i think those companies still haven't figured out exactly what they will be in 3, 5, 7 years. there is a deeper market in north asia, and that is where we are focusing. juliette: their is a huge underperformance from asian stocks versus global fears this year -- global peers this year. does that continue into 2022. vikas: this is something i would be surprised by, if i year from now we are still talking about the same thing. juliette: let's hope we are still not talking about covid in a years' time. all right, vikas pershad, m&g investments portfolio manager. we will continue to watch chinese stocks as we see the hang seng tech index test these lows following the story that didi is following ahead with its u.s. delisting to focus on a hong kong listing. more ahead. this is bloomberg. ♪ rishaad: boeing has been cleared chin

that's why there's so much concern from northeast asia, the southeast asia, from the meek, on river, the pacific islands about asians aggressive actions. claiming open seas as their own, the starting open markets through subsidies to its state run companies denying the export. so revoking deals for countries as policies. it does not agree with engaging and a legal and reported and regulated phishing activities. countries across the region . what this behavior to change we do to florence louis is following developments from column for we've heard the brighten administration. talk about how it's rivalry with china is its biggest jo, political test of the century. and you know, this visit really is about in a way the u. s. trying to reassert its influence in a region that former president, donald trump, pat in a way neglected during his term and before the scene during the biden administration. important high ranking us official visit. we had us defense secretary lloyd austin, vice president kamala harris, visit southeast asian countries within the 1st year of 5 and taking office. u. s.

that's the message i think that antony blinking is trying to extend to countries in southeast asia. and this is just the 1st stop as he mentioned. how much kat shop is, the by the administration playing. when it comes to the step back, the trump administration took for multilateralism. the reason that you said by others rather than not at all, but i think that's a fair bit of tat trouble that the biden administration has to do. now. the bottom ministration has said it wants to deepen it ties in the region, and some analysts have said that one way for the us to do that really is to show that it has an economic strategy, particularly show that it has long term economic commitment to countries in the region, and we don't have any details of that. those details still need to be flashed out. but any commitment to and in terms of the economy is going to be made a little bit more difficult, especially after the u. s. under president donald trump pulled out of a regional trade deal in 2007, and any efforts for the biden administration to rejoined that trade deal is not going to be easy. giv

that's why there's so much concern from northeast asia to southeast asia, and from the me con river to the pacific islands. about visions aggressive actions claiming open seasons there, all the stores, open markets through subsidies to which they run, companies denying the export. so revoking deals for countries as policies. it does not agree with engaging in illegal on, reported a non regulated fishing activities. countries across the reason why this behavior to change. we do to florence louis following this one from colombia to they are florence. how significant is the sort of intervention from antony blinking? well, it's a significant the u. s. wants to reset its relation to the southeast asian nations . it wants to reassert its influence. here, this region was largely neglected by the previous administration under former president donald trump. the biden administration sees a se, asia, as fighter to its efforts to push back a rising china, and in a already this year, we've seen several high ranking us officials visit. we had us defense secretary lloyd austin, vice president pamela

and in some cases, unprecedented impact on large parts of southeast asia. in malaysia flooding is killed at least 27 people, and displaced. 70000 dozens are missing. after 2 days of torrential rain triggered some of the worst flooding in years. the military is rescuing people, still trapped in their homes. let's get an update. so from florence louis, kuala lumpur, mary, on the situation that you're hearing, and also i've heard about, you know, criticism of the government response as well. but trying to the latest information we have is that 247 people are non confirmed who have died from the floods and this number is likely to go up because they're so people who are reported missing and this makes it even higher than the death toll that malaysia in the last major flood, that malaysia experience that was back in 2014, when twins, when people reported dead and 10 people were reported missing. now the number of people who've been a vacuum, who've been evacuated, will totally their homes temporarily. that has gone up as well. and we've also seen social media po

saying to southeast asia that the u. s. is back, this is a region that was largely neglected by the previous minister, stray sion led by former president donald trump. but the biden administration sees this region as being important to its efforts to help push back against arising, china and lincoln in his speech. in his news conference with the malaysian foreign minister really stressed the points that he had made. and when he spoke in jakarta on tuesday where he outlined the u. s. as vision for indo pacific, he said that the region must maintain peace and prosperity and that the u. s. is going to help it do that. and he also stressed about the importance of keeping the region free from corrosion and free from intimidation. and he talked about how the u. s. wants to deepen its ties in the region using economic and military partnerships. now in his discussion with the malaysian foreign minister, he also talked about myanmar. they also talked about myanmar. the u. s. was already imposed sanctions on the military, on military

that's why there's so much concern from northeast asia, the southeast asia, and from the meek, on river to the pacific islands. about asians aggressive actions claiming open seas as their own. the starting open markets through subsidies to its state run companies denying the export. so revoking deals for countries as policies. it does not agree with engaging in illegal and reported and unregulated fishing activities . countries across the region what this behavior to change. we do to us defense secretary lloyd austin, has decided against punishing military personnel involved in a drug strike that killed 10 civilians in afghanistan and investigation found the strike did not violate the laws of war, but mistakes were made. the congressional committee investigating the january 6 capitol hill riots is voted to hold former white house, chief of staff, mark my, those in contempt. the vote was unanimous, both must still be approved by the full house of representatives. the governor of the state of kentucky says at least 74 people there have been killed by friday, series of tornadoes, another 1

next, we are gone to take you to southeast asia. the southeast asian company grab listing on the nasdaq after competing a -- after completing a spac merger. it is now down around 11. 10 -- tan hooi ling, cofounder of grab holdings, will join us. we will find out what grab does next. his is bloomberg -- this is bloomberg. ♪ guy: the southeast asian ride-hailing and food delivery giant grab has gone public in a $40 billion deal, a spac deal, and is now trading on the nyse under the ticker grab. the company operates in eight countries. joining us now, hooi ling tan, grab's cofounder, and bloomberg's emily chang. emily: thank you for joining us. you are a long way away from those plastic tables you use to set up at gas stations to recruit drivers. this is one of the biggest spac's of the year. why spac, given the tumultuous year, and why now? guest: thanks for having me back. we chose the path that enabled us to get the best investors for our day one cap table. based on our investors that were attracted to the long-term growth opportu

that's why there's so much concern from ne, a to the southeast asia. and from the con river to the pacific islands about asians aggressive actions. claiming open sees as their own, the starting open markets through subsidies to its state run companies denying the export. so revoking deals for countries as policies. it does not agree with engaging in illegal and reported and unregulated fishing activities, countries across the region, what this behavior to change. we do to a solo is principal advisor at the pacific research center. he joins us on skype from costa, can balloon in malaysia good to have you with us. so the bring can visit, is it about countering chinese influence in the region? well, does this sound bytes us certainly sounded like it, but i think is a mismatch. all expectations on the part of the united states, and in some, one off a superpower contest with china. and it would of course, like to have, for some of these, some is asian nations to be and wings to take the american side. on the other hand, i think a lot of these asian countrie

your southeast asia trip was cut short. and then what do you hope to achieve with the quad or other countries in the region? sec. blinken: thanks. i'll preface this by saying i don't do politics. i don't do domestic politics, but what i can say is this, because it's what i've heard around the world: first, countries around the world have seen the investments that we've already made and that are on the books, including a historic investment in infrastructure, something that goes directly to our competitiveness, including the recovery from covid and the support that was provided to the american people in that instance, and they also see what remains on the agenda ahead. but that does speak powerfully already to people around the world, and i think the president's commitment to reinvest in education, in research and development, in infrastructure resonates. in each of these areas we used to lead the world. we've fallen way, way back, and the president wants to change that. and i think as we continue to work on that, building o

let's get more from our international correspondent in southeast asia. was this a surprise move? >> well, it is a surprise move given that back in june we had the sun bank saying that dual risk of overheating. the government says it is needed. if they don't nip it in the bud, there is a risk that a correction will not be able to take place without destabilizing the public sector as well as the economy. a new set of measures, and it impacts everybody from citizens to permanent residents and foreigners. as of today, the beauty for second homes will raised by about 5%. in terms of residence, it will raised by a further 10%. it is tough. it is much higher. it is speculative trading in the property sector. you can understand why given the trends in the property sector. the covid pandemic has been increasing. it is justifying the need. quick this has become a widely felt issue around the world. >> other places like south carolina -- south korea, china, hong kong. we have seen property prices going up. the action we have seen in the first six month of the year, we are looking at $24 bil

rishaad: you are in southeast asia, but there is a way forward, even. you have a green transformation taking place and a digital transformation in the region. it is very exciting. does this in any way affect that? it feels like a bull in the china shop, you won't stop it. it could perhaps a soak up some of that inflation we are talking about too. james: you are right, we are moving into a big reset globally, especially one driven by state ability and digitization. and of course there are winners and losers. we think southeast asia could potentially be one of the winners in 2022 on the back of reopening. also on the back of how the economy is much more digital and of course the focus of the energy transition, there could be interesting opportunities for southeast asia in 2022. rishaad: we've got digital transformation, but you can't talk about that these days as one entity as it were into different countries will do better. they are moving at different speeds. who are you most excited about and who needs to get a move on? james: in southeast asia, there

marshall: we have launched english in southeast asia. you mentioned the ed tech crackdown in china to start. there are a number of companies that have been teaching english globally, focused on the english market for china. that can't happen anymore. now, when it comes back to talent, we have a tremendous opportunity to take advantage of some of that hole in the market to be able to recruit talent that has been building the largest scaled english language learning companies in the world, and be able to target southeast asia and other markets across the world. emily: this crackdown on ed tech has been catastrophic for a lot of ed tech companies in the region. has that benefited lingoace? marshall: it is early to say. this happened over the last few months. the head of goldman sachs's education franchise in the asia-pacific region for the last few years had covered all of these countries -- companies and was working on a number of ipo's before leaving to join lingoace. "catastrophic" is a strong work, but these companies have literally had

it doesn't matter where you live outside asia or southeast asia, that's where all of that stuff pretty much gets made. >> you mentioned covid, as i mentioned, the miracle of hitting a button on our phone and get something quickly, we did begin to appreciate that with covid. >> yes, because of so many supply chain issues -- by the way, do your christmas shopping early this year. it will only hit us again. right now there are 60 container ships in a queue at the port of long beach, los angeles. this is totally unprecedented. they're doing record volume through that port every month and yet they have 60 ships in a line. normally there are three queued up. when i went to the port of los angeles there were three, four waiting at anchor to get a berth. everyone needs thousands of items pulled. but there are a ton of things we will not be able to get because there's not enough capacity in our global supply chains now, largely because of covid. >> you write we're all living inside a factory. what did you mean by that? >> in the old days, raw materials went into a factory and the goods got ship

that's why there's so much concern from ne, a to the southeast asia. and from the me con river to the pacific islands about asians aggressive actions. claiming open sees as their own, the starting open markets through subsidies to the state run companies denying the export. so revoking deals for countries as policies. it does not agree with engaging and a legal and reported and non regulated phishing activities. countries across the region. what this behavior to change, we do to the governor of kentucky in the u. s. s. at least 74 people have now been killed in the region by friday series of tornadoes. with more than $100.00 still missing us defense. secretary will not punish military personnel involved in a drawing strike and danced on that killed 10 civilians. that operation on august 29th killed an 8 work and 9 members of his family. and a 5 year long legal battle involving us gymnastics has come to an end. a $3800000000.00 settlement has been reached between victims of the disgraced former dr. larry nasa. and america's top gymnastics association. n

that's why there's so much concern from northeast asia, the southeast asia, and from the me con river to the pacific islands about beijing's aggressive actions . claiming open seasons there, all the stores open markets through subsidies to its state, run companies denying the export. so revoking deals for countries as policies. it does not agree with engaging in illegal on reported a non regulated fishing activities. countries across the region want this behavior to change. we do to us defense secretary lloyd austin as decided against punishing military personnel involved in a drug strike that killed 10 civilians. enough gamma stands capital. the operation on august the 29th killed an aid worker and 9 members of his family, including a 2 year old child. an investigation found the strike did not violate the laws of war. it happened 3 days after a nice little attack, had campbell airport following tyler bond take over. human rights watch says israeli police used excessive force against palestinian israelis during communal violence 30 of this year. in may palestinian israelis in the city

is trying to reset its relations in southeast asia. this region was largely overlooked by former us president donald trump. but the biden administration fee, se asia, as vital to its efforts to push back a rising china. now, in his speech outlining the u. s. as in the pacific plans, secretary of state, antony lincoln, that the us will work with its allies and partners to defend the rules based order . he was forthright in his remarks saying countries are concerned about china's actions. and he listed some of these which include china using his, its economic strength to punish countries as policies. it disagrees with, and china laying claims to large parts of the south china sea countries across the region. want this behavior to change. we do to that's why we're determined to ensure freedom of navigation in the south china sea, where beijing's aggressive actions there threatened the movement of more than 3 trillion dollars worth of commerce every year. think and stressed that the u. s. is not trying to make countries choose between the

reporter: where next, regionally or southeast asia specifically? >> i think the whole southeast asia has a lot of opportunity for digital banking. if you look at multiple jurisdictions from singapore, malaysia and indonesia, these markets are just talking about international banking licenses and many of them have not even opened for business yet. if we can leverage on the hong kong opportunity and extend it to southeast asia, the aspiration is to build a digital bank in the next couple years where we can cover multiple markets and move faster than everyone else. reporter: anything you can tell us about a potential ipo? what kind of numbers would you be -- you be looking at? >> we were planning to do something this year, but with this acquisition, we want to complete it first. it is part of our long-term story, building a digital bank and combining it with our profitable online landing platform with 50 million users. reporter: would it be in hong kong? >> we are keeping an open mind. there are a lot of options right now in the market is very dynamic

as trying to reset its relations in southeast asia. this region was largely overlooked by former us president donald trump, but the biden administration fee, se asia as vital to its efforts to push back a rising china. now in his speech outlining the u. s. as in the pacific plans, secretary of state, antony lincoln that the u. s. will work with its allies and partners to descend the rules based order. he was forthright in his remarks saying countries are concerned about china's actions. and he listed some of these, which include china using his, its economic strength to punish countries as policies. it disagrees with, and china laying claims to large parts of the south china sea countries across the region. want this behavior to change. we do to that's why we're determined to ensure freedom navigation in the south china sea, where beijing's aggressive actions there threatened the movement of more than 3 trillion dollars worth of commerce. every year, lincoln stressed that the u. s. is not trying to make countries choose between the us

is trying to reset its relations in southeast asia. this region was largely overlooked by former u. s. president donald trump, but the biden administration, si se asia as vital to its efforts to push back arising china. now in his speech outlining the u. s. as india pacific plants secretary of state antony lincoln said the us will work with its allies and partners to defend the rules based order. he was forthright in his remarks, saying countries are concerned about china's actions. and he listed some of these, which include china using his it's economic strength to punish countries whose policies it disagrees with. and china laying claims to large parts of the south china sea countries across the reason why this behavior to change. we do to that's why we're determined to ensure freedom is navigation in the south china sea, where beijing's aggressive actions there threatened the movement of more than 3 trillion dollars worth of commerce. every year, lincoln stressed that the u. s. is not trying to make countries choose between the us and china and for many countries in the region. t

asia. washington is trying to counter china's influence in the region. a stand off between beijing and other countries and the results rich south china sea is gotten more intense in recent years. us defense secretary lloyd austin, has decided against punishing military personnel involved in a drone strike that killed 10 civilians in afghanistan's capital. the operation on august the 29th killed an aid worker and 9 members of his family, including a 2 year old child. an investigation found the strike did not violate the laws of war. it happened 3 days after an eyesore attack at campbell airport, following the tiny bon take over. human rights watch says israeli police used excessive force against palestinian israelis during camino violence earlier this year. in may palestinian israelis in the city of la rallied against the threatened takeover of palestinian homes in occupied these jerusalem. they were met with rival protests by jewish residents. the 2 sides got into running street battles. th

that's why there's so much concern from northeast asia, the southeast asia, from the beacon river to the pacific islands about asians, aggressive actions claiming open seas as their own. the starting open markets through subsidies to its state run companies denying the export. so revoking deals for countries as policies, it does not agree with engaging in illegal and reported and unregulated fishing activities, countries across the region, what this behavior to change we do to florence louis has more from coloma for the us as trying to reset its relations in se asia, this region was largely overlooked by former us president donald trump, but the biden administration fee, se asia as vital to its efforts to push back a rising china. now in his speech outlining the u. s. as in the pacific plans secretary of state, antony lincoln said the us will work with its allies and partners to descend the rules based order. he was forthright in his remarks saying, countries are concerned about china's actions. and he listed some of these, which include china using his, its economic strength to puni

for the very first time the nasdaq opening bell rang in southeast asia last night here. sharesjumped out of at the open but ended the day sharply lower. grab was valued at $40 billion making it the biggest company in southeast asia to list in the united states and it is quite remarkable given that less than ten years ago it was a simple taxi company in malaysia but in 2018 it pushed cuba out of the region and became known as the irby killer and today it offers everything from rides to food delivery to financial services in eight countries. i caught up with the co—founder and asked why he decided to list in the united states. we why he decided to list in the united states.— why he decided to list in the united states. we chose the us because that — united states. we chose the us because that gives _ united states. we chose the us because that gives us _ united states. we chose the us because that gives us access i united states. we chose the us because that gives us access to | because that gives us access to world—class best investors and that is— world—class

china has long held ambitions for a high speed rail network in to southeast asia. as part of the belt and road initiative designed to bring chinese investment to neighboring countries. laos opened at high speed rail line in december. but huge cost of the project laying, lying through difficult terrain, has left allow government with a debt to china. the critics say will be crippling. after the military coup in 2014, thailand's ruling generals quickly signed up to a chinese high speed rail project. but ty, negotiators bulked at the high interest rates and plans to construct a network that ran the length of the country were curtailed. but when you go into the details, i would say that that i, bureaucrats are very good at tardy lane projects. when, as a turns and not favourable cause, civil servant government officer, i'm a government officer. we are, we have been taught from the beginning that we have to do everything to protect the interests of our country. those delays a clear to see while the project well underway, work has been slow, and thailand remains reliant

asia. in malaysia, at least 27 people have died and 70000 displaced. dozens are missing. after days of torrential rain triggered some of the worst floods in years. the military is rescuing people, still trapped in their homes. for us though, he's joining us from kuala lumpur. so how is the rescue effort going and how extensive as the damage lawrence the damage is quite extensive. the latest information we have is that there's flooding in 6 states, still not the worst effect. it is per hung, the central state in peninsula malaysia, in that state alone there around $40000.00 people who have been displaced. authority is also saying that the water levels in some of the main rivers in that state are dangerously high and have told people that they need to be ready to leave their homes when told to do so. and then you also have the more and more been in the most popular state of language, the wealthiest states in the country. but it didn't escape the floods in some of these places that were floode

china has long held ambitions for a high speed rail network in to southeast asia. as part of the belt and road initiative designed to bring chinese investment to neighboring countries. laos opened at high speed rail line in december. but the huge cost of the project laying, lying through difficult terrain, has left allow government with a debt to china. the critics say will be crippling. after the military coup in 2014, thailand's ruling generals quickly signed up to a chinese high speed rail project. but ty, negotiators bulked at the high interest rates and plans to construct a network that ran the length of the country were curtailed. but when you go into the details, i would say that that i, bureaucrats are very good at tardy lane projects. when, as a turns and not favourable cause, civil servant government officer, i'm a government officer. we are, we have been taught from the beginning that we have to do everything to protect the interests of our country. those delays a clear to see while the project well underway, work has been slow, and thailand remains reli

the us secretary of state is in malaysia, on the 2nd leg of his tour of southeast asia. anthony lincoln is trying to firm up ties in the region to counter china's influence. on tuesday, he was in indonesia, capital jakarta, where he criticized basing for its aggressive policies in the region. let's go live now to florence louis. enquire, la post flush, tell us more about what was said right, so that's enabling can the u. s. secretary of state is in malaysia and having visited indonesia the day before where he delivered the u. s. his vision for the indo pacific region. now he talked about how important the u. s. things it is to maintain peace and prosperity in the region. and he talked about how the u. s. is committed to ensuring that the indoor pacific remains free of coercion. now blinkin was very forthright in his remarks. he called out china for its aggressive actions, and he list it some of these actions which include laying claims to large parts of the south china sea using trade as a means to punish countries whose policies it disagrees with them. lincoln's visit t

that's why there's so much concern from northeast asia, the southeast asia, and from the meek, on river to the pacific islands about asians aggressive actions. claiming open seas as their own, the starting open markets through subsidies to its state run companies denying the export. so revoking deals for countries as policies. it does not agree with engaging in illegal and reported and unregulated fishing activities, countries across the region, what this behavior to change. we do to us defense secretary lloyd austin, has decided against punishing military personnel involved in a drug strike that killed 10 civilians in afghanistan. and investigation found the strike did not violate the laws of war, but mistakes were made. a congressional committee investigating the january 6 capitol hill riots. his voted to hold former white house, chief of staff, monk meadows in contempt. the vote was unanimous, both must still be approved by the full house of representatives. meadows refused to attend the committee meeting last week, despite being subpoenas. the governor of the us state of kentucky sa

china has long held ambitions for a high speed rail network in to southeast asia. as part of the belt and road initiative designed to bring chinese investment to neighboring countries. laos opened at high speed rail line in december. but huge cost of the project laying line through difficult to rein has left allow government with a debt to china. the critics say will be crippling. after the military coup in 2014, thailand's ruling generals quickly signed up to a chinese high speed rail project. but ty, negotiators bulk to the high interest rates and plans to construct a network that ran the length of the country were curtailed. but when you go into the details, i would say that that i, bureaucrats are very good at tardy lane projects. when, as a turns and not favorable cause civil servant government officer, i'm a government officer. we are, we have been taught from the beginning that we have to do everything to protect the interests of our country. those delays a clear to see while the project well underway, work has been slow, and thailand remains reliant on its

asia. we'll have a live update report that sedans prime minister intends to step down a month after he was reinstated, under a deal with the military rulers and turning nightclubs into crypto currency, mining farms, argentines to innovate him to survive as their economy grapples with a debt crisis. yes, president joe biden has told millions of unvaccinated americans, it's their patriotic duty to get inoculated against cobit 19. the amazon barren now accounts for almost 3 quarters of all new cases. biden warner, the unvaccinated face, a winter of severe illness and even death. kimberly help get reports from washington d. c. m. a crohn has gripped the united states. 73 percent of new cases are now attributed to that highly contagious variant. testing site across the u. s. are packed in cleveland. this new dr. up testing site was at capacity just hours after opening. well, cobit has been a tough adversary. we've shown that we're tougher to combat beyond the cron search u. s. president joe bide

asia. reports that saddam's prime minister intends to step down a month after he was reinstated, under a deal with the military rulers. and turning nightclubs into crypto county, money bombs, a large intentions are innovating to survive. it was their economy grapples with a debt crisis. with you as president joe biden has told millions of and backs and the americans, it's their patriotic duty to get inoculated against kobe. 19 the amazon baron now accounts for almost 3 quarters of all new cases by been warned that the unvaccinated face of winter severe illness and even death. kimberly help get reports from washington, d. c. m. a crime has gripped the united states. 73 percent of new cases are now attributed to that highly contagious variant testing site to cross the u. s. r. path in cleveland. this new dr. up testing site was act capacity just hours after opening. well, cobit has been a tough adversary. we've shown that we're tougher to combat the on the kron sergio as president joe biden o

his trying to reset his relations in southeast asia. this region was largely overlooked by former us president donald trump, but the biden administration fee, se asia as vital to its efforts to push back a rising china. now in his speech outlining the u. s. as in the pacific plans secretary of state antony blank and that the u. s. will work with its allies and partners to defend the rules based order. he was forthright in his remarks saying countries are concerned about china's actions. and he listed some of these which include china using his, its economic strengths to punish countries with policies. it disagrees with, and china laying claims to large parts of the south china sea countries across the region. want this behavior to change. we do to that's why we're determined to ensure freedom of navigation in the south china sea, where beijing's aggressive actions there threatened the movement of more than 3 trillion dollars worth of commerce every year. think and stressed that the u. s. is not trying to make countries choose between th

in indonesia on the 1st leg of a tour of southeast asia, trying to counter china's influence. but turkey's foreign ministers announced steps are being taken to normalize ties with armenia, neville, it covers. so you said turkey and armenia will appoint special envoys and restart charter flights between the 2 countries. the relationship has long been strained over the mass killings of armenians under the ottoman empire in the early 20th century. a turkey rejects arminius, claimed that it was a genocide and gulf corporation council leaders are gathering in saudi arabia for their annual summit. they run nuclear talks, the pandemic, the taliban takeover of afghanistan all on the agenda. the last g c. c summit. so the end of the blockade on cutter after 3 and a half years. that is my luck for today. thank you for your company. adrian finnegan with you in half an hour to take you through the next few hours of news. next, it's the stream. if the political debris show that's challenging, the way you think is a military advancement, going to stop the family today is under a company to

china has long held ambitions for a high speed rail network in to southeast asia. as part of the belt and road initiative designed to bring chinese investment to neighboring countries, laos opened its high speed rail line in december. but huge cost of the project laying, lying through difficult terrain, has left the la government with a debt to china. the critics say will be crippling. after the military coup in 2014, thailand's ruling generals quickly signed up to a chinese high speed rail project. but ty, negotiators bulked at the high interest rates and plans to construct a network that ran the length of the country were curtailed. but when you go into the details, i would say that that i, bureaucrats are very good at tardy lane projects. when, as a terms and not favourable cause, civil servant government officer, i'm a government officer. we are, we have been taught from the beginning that we have to do everything to protect the interests of our country. those delays a clear to see while the project well underway, work has been slow, and thailand remains relian

asia. as part of the belt and road initiative designed to bring chinese investment to neighboring countries. laos opened at high speed rail line in december. but huge cost of the project laying line through difficult to rein has left allow government with a debt to china. the critics say will be crippling. after the military coup in 2014, thailand's ruling generals quickly signed up to a chinese high speed rail project. but ty, negotiators bulked at the high interest rates and plans to construct a network that ran the length of the country were curtailed. but when you go into the details, i would say that that i, bureaucrats are very good at tardy lane projects. when, as our terms and not favorable cause civil servant government officer, i'm a government officer. we are, we have been taught from the beginning that we have to do everything to protect the interests of our country. those delays a clear to see while the project well underway, work has been slow, and thailand remains reliant on

we heard some strong words from tony blinken from southeast asia. how much does he build on that? at night :00 p.m., this is going to be important, china is planning to release a slew of economic data. the large expectation in the markets is that the chinese government will be forced to ease further. you see that bond deal going lower compared to the u.s., headed near the lowest levels of the year. people see a slowdown. jonathan: thank you. looking forward to the next couple of days. i should also introduce caroline hyde out of london. caroline, some technical difficulties. some of the studies around omicron pouring in particularly in london. caroline: i missed all your best jokes, but it is not a joking matter right now. we are seeing the effectiveness of the pfizer vaccine put to the test and it comes to omicron. there is not as much efficiency when it comes to hospitalization. 70% are protected from hospitalization on two shots, but that used to be 80%, 90%. you seeing lines out side many a pharmacy in london, trying to get that booster. jonathan: central bank decision is over

at the same time, we are seeing southeast asia. southeast asia really tracked in the dynamic of not enough access to vaccines, remaining sealed off from the world to control the outbreak. at the same time, higher levels of death because inoculation is not the levels we have seen in the richer places. that is really the urgent path in 2022. how to get the vaccination level up across the developing world and our countries, as well. haslinda: we are still grappling with vaccine equity. rachel chang, thank you so much. for more on the market reaction and the latest omicron developments and tencent's plans for jd.com holdings, let's bring in garfield reynolds. omicron variant keeping the center rally dream alive. >> it has been coming in waves, what omicron, covid in general, does and doesn't due to the markets. there was definitely a feeling -- potentially to the global outlook. shares came down quite strongly. part of it was also a drumbeat of minor news concerning lockdowns, potential lockdowns, stadiums closing, universities going b

shary: in southeast asia specifically? >> i think there is a lot more opportunity for digital banking. a lot of these markets are talking about these markets. many of them are not open for business yet. if we can leverage this opportunity and extended to southeast asia and move faster than everyone else. shery: anything you can tell us about a potential idea -- ipo? >> we have been looking at this for a while now. i think it would make a lot of sense. it is our long-term mission. >> would be in hong kong? >> we are keeping an open mind. the market is very dynamic. haidi: you have any growth targets even how quickly you have been established? >> the opportunity for a digital bank. only 55% of the banking market. you look at the hong kong example. both of the large banks are consulting. shery: you don't expect any regulatory risks in indonesia? >> that is definitely something we were looking at. . regulators are pretty determined. this becomes a more important subject. how do we get the right talent? and new opportunities? h

off to southeast asia, southern portions of sumatra. that rains going to pile up in the days to come. we've got some thunderstorms which have been city, call them poor singapore and jakarta. with a high 30 degrees, cold air really digging in across northern parts of china. it's going to start to some further south into korea. also the northeast of china, beijing at one. but let's focus on korea. so the next few days, look at your temperatures here. we're really going to struggle minus 6 on sunday in the sunshine that is well below average for this some beer. that sure whether updates you say, ah ha ha, defines alons, new babies were doi, i did it, not available. people empower, investigate, exposes, and questions they use and abuse of power around the globe on algebra. a war in afghanistan is now who will non taliban figures make up a part of with that american, you can report within the caliber believe it. there will be a how it for you to tell about the inside story podcast. a frank assessment of the div headlines subscribe. now, howe

there after the southeast of asia, the northeast spawn soon pepin up in intensity, so solid bands of rain over malaysia. we had that extreme flooding and call them poor. we could see some repeat scenes of that rain fills in across sumatra and also that ne monsoon cutting across central parts of the philippines. some driving rain for sebu with a high of 27 degrees, other shot of cold air coming to the korean peninsula. so sol, just a high of minus 4 on friday and where we have those low temperatures in precipitation, we're going to see snow and my, my, it's going to pile up quickly, especially for western areas of honshu, about 60 centimeters to be expected. ok back to those temperatures for sol. short lived cold snap here. so mine is 4 on friday by saturday. you pop up above freezing to a high of 2 degrees to start off. 2020, to enjoy the season. oh, the weather. sponsored by katara always a sun. ah father. ah, mutual love, the arts the stage is set to mortal lies feeding memories ah, in a magical race against time i witness our time mission on a lou . ah, you're watching out as a re