Unlimited leave as the company navigates a wave of scandals and criticism. We have world coverage here on daybreak asia. We go to beijing for the latest on why a chairman is stepping down. Stateside, we are focusing on washington in the reaction to the allday testimony by the attorney general. This is daybreak asia, live and asianbergs u. S. Headquarters. I am betty liu in new york, it is after 7 00 p. M. Yvonne it is after 7 00 a. M. Here in hong kong. I am yvonne man. South korea, the unemployment picture from a looking better than expected, 3. 6 . The estimate was for 3. 9 . Labor market playing through than the previous month of 4 unemployment. We continue to see signs of healing and south korea. The government has proposed an jobs budget to help boost and income. Hopefully that will help with the youth unemployment factor. Economists have raised estimates for growth to 2. 7 . We will see how korea reacts in an hours time. Lets look at the state of play in asia. It looking better t
And it is the biggest gaming event of the year. We will take you e3 in l. A. But first, to our lead, after years of speculation, apple is finally lifting the hood on its car ambitions focusing on the , technology that makes autonomous driving possible. For the first time ever, apple ceo tim cook spoke about apples car ambitions in an inclusive interview, and also discussed the companys outlook on china. Take a listen. Tim china, for us, we make our decisions for the longterm, and so we are not investing for next quarter or next year. We are thinking about many, many years out, and as i stand back and look at china, i see megatrends there that make china an incredible market. I dont just mean a market to sell in. I also mean a market for Application Developers. We have 1. 5 million Application Developers in china now, probably closer to 2 million now. So it is an incredible marketplace for talent and in terms of the size of the marketplace. So, the shortterm kinds of economic moves up a
Credit policy is being managed. Tim cook holds forth on apples future. Where v is steering the company. Where he is steering the company. We are focusing on Autonomous Systems, and clearly one purpose of Autonomous Systems is self driving cars. Ramy and some of the worlds most influential leaders weigh in on critical issues. Brexit is a decision we have to accept. Stronger gdp is good news. It is unqualified good news. I am very optimistic about about what president mccrone president macron will do. Ramy it is all straight ahead on bloomberg best. Ramy hello and welcome. Im ramy inocencio, and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. The week started on an anxious note for tech investors as a selloff that began friday continued into monday. Everybodys favorite sector, tech sold off in a big way on friday, leaving the nasdaq to a biggest decline in four weeks. The selloff has spre
Big will come from at apple. He stakes out New Territory for the companys future from tv to cars and apples worst new category in years, a Smart Speaker called home pod, a direct challenger to amazon and google. Jim, thank you for joining us. Tim it is great to see you and unbelievable to be here. Smarts start with the speaker. Why should people by apple home pod . Tim we tried to develop a breakthrough speaker first. Music is deep in our dna, dating back to itunes and ipod. That peoplemething found unbelievable. Things,e it does other and those are important, but we wanted and a high quality audio component. Able to make a phone call, call a car, order groceries . Tim there are a lot of things you can do with it. There the advantage is are a lot of things that siri knows how to do from the phone. I can order paper towels on my amazon echo, does this tell us about aspirations tim i wouldnt read into it in aat regard, but apple is company that wants to deliver a great audio experience f
And it is the biggest gaming event of the year. We will take you e3 in l. A. But first, to our lead, after years of speculation, apple is finally lifting the hood on its car ambitions focusing on the , technology that makes autonomous driving possible. For the first time ever, apple ceo tim cook spoke about apples car ambitions in an inclusive interview, and also discussed the companys outlook on china. Take a listen. Tim china, for us, we make our decisions for the longterm, and so we are not investing for next quarter or next year. We are thinking about many, many years out, and as i stand back and look at china, i see megatrends there that make china an incredible market. I dont just mean a market to sell in. I also mean a market for Application Developers. We have 1. 5 million Application Developers in china now, probably closer to 2 million now. So it is an incredible marketplace for talent and in terms of the size of the marketplace. So, the shortterm kinds of economic moves up a