Bloomberg, Amazon, Hong Kong discussed on Bloomberg Daybreak: Asia
Manufacturer is freaked out. Around tariffs on automobiles because the price point is so big we all know that are extremely disruptive to the industry extremely expensive to the industry. Most likely not the economy into some sort of recession because it's very inflationary on this subject of trade. Bloomberg is hearing a deal with Canada on NAFTA is unlikely this week Doug and from the Bloomberg terminal Telecom Italia is said to be considering a bid for Nextel in Brazil in Hong Kong. It looks like it's going to be a big day for may two on Dion ping shares in the Chinese ecommerce company are climbing in the gray market ahead of their debut. We have more from Bloomberg's Yvonne man. China's second largest tech startup is attempting what could be the second-biggest take IPO ever here. In Hong Kong, the Chinese restaurant review and delivery giant is said to have attracted personal investments from Hong Kong's richest person Li Ka-shing matrons chairman Wong. She is attempting to transform the company into a super light ten cents we chat, and once they have to take care of everything from digital payments to travel booking and bike rentals revenue at the company climbed one hundred and sixty one percent last year after more than tripling in two thousand sixteen in Hong Kong. I'm Yvonne man, Bloomberg daybreak Asia. Amazon is said to be considering opening as many as three thousand Amazon goes stores in the next few years. Bloomberg Spencer Sopa calls this a huge push for the company. Amazon. Go is really this cashier Lewis store where you can go in and take what you want and leave without having a standard align or pay. Anybody is the most distinctive all of the things that's tried. And so now what we're seeing that they want to really put all of their horsepower behind this. And really expand. The cashier store around the country Amazon already has several Amazon guys in Seattle and elsewhere. So I thought I have a small selection of groceries along with salads and sandwiches. It sort of makes it like a seven eleven without the gas. Well, a unit of China's h and a group is apparently backed away from plans to buy most of the ecommerce company. China Dong Dong, we have the story from Bloomberg's Rishaad Salamat. A billion dollar deal is no more is ladies acquisition terminated as h NA faces pressure to sell everything outside of its aviation routes, the unit agent eight technology pulled out of what it called changes in internal policy and the market environment. AJ was wants to the forefront of China's global buying binge. It now plans to unload more than seventeen billion dollars in assets. According to a tally by Bloomberg including its holdings in Deutsche Bank. It all go, I'm Rishaad Salamat, Bloomberg daybreak Asia. All right. Let's get a check of all the global news with Ed Baxter in San Francisco. Ed. All right. Thank you. Juliette? South Korean president moon. Jae and says North Korea's agreed to the first step toward denuclearization. US? Secretary of state Mike Pompeo has responded he wants to engage immediately. President moon says North Korea for the first time has agreed to dismantle Don Chong re missile to engine and launch pads to the presence of international experts. Hung kit. President moon also saying North Korea's agreed to take additional measures such as a permanent dismantling Nangahar nuclear facility, if their corresponding measures from the US now what those measures are has not been disclosed. But President Donald Trump says he's happy..