Be an increase risk. Lets go to sydney, paul allen is there. What sort of risks are these leaders talking about . Canadas finance minister summed it up neatly. He said that the search for return in a low yield environment is prompting investors to seek higher risk investments. There is a rare if there is a reappraisal, there could be considerable losses. The finance ministers and governors to debate whether to include in their communique, a warning for investors to be vigilant about taking risks. In the end, they left it out. The factor that has been leaked lets them have it each way. That they are concerned that the easy monetary conditions to produce excessive risktaking. If there is a rest and having too much stimulus, there is also a risk in withdrawing it. We have seen that with the capital outflows from emerging markets. There are suggestions that the outflow is going to harm the g20, and others that it is promoting Economic Growth. What about that . That is something that the treasury is proud of. Share of the g20 finance ministers, australia being the host of this year. He is very proud that they have finally put a number, a concrete figure, 2 concrete growth over the next five years. Already we have, as you might fewect, if you c a vie cracks in the ranks. The benchmark right now is 7. 5 , sinceghest ends 2009 2009. They said they might have to sacrifice growth to keep the economy stable. But you cannot promote Economic Growth while dealing with these issues. It was a rather neat illustration of what goes on at the summits. It is all very fine to put down words on paper, but when it comes to delivering the goods, that is another story. Paul, thanks for that. Flavorake a look at the of the markets this monday morning. Lets give it to david. It is flat, a little down . A little worse, if you want to compare it to 30 minutes. We opened flat. We have markets opening up, malaysia, singapore. There will be outflows continuing. Export numbers coming up. 4 00 p. M. Is the time that the data comes out of taiwan. Top three and bottom three, percentagewise. Top performer, new zealand. That is the postelection boost. The first single Party Majority since the late 90s. Top 50. Zealand the kiwis are lower. What are we watching . Perhaps the followon effect we are seeing across the equity space. Als, that is a diversified commercial services, they are down. They are saying that they will make less money than they expected. They slashed their firsthalf profit forecast by 10 million australian. Bhp, iron ore prices. Dropping the most since midjune. We are now at about 81 per metric ton, that is the lowest in the five or six years. It increases the pressure is on the big iron ore players. You want to watch for the smaller players. Japan, a company that makes airconditioners and parts for cars. It doubled its firsthalf net income forecast. Core business, 80 is the target the for operating profit. We are washing yahoo japan and softbank. Alibaba one of the biggest stories, 38 pop on friday. Softbank is the biggest shareholder thereof ali baba. 75 billion u. S. Dollars is how much their stake is worth. For . 6ooking at billion 4. 6 billion. Be revising back, once we know how much they are booking from the ipo. Anyway, they will be booking that gain. September 30 is the ending of the sixmonth firsthalf. We are down about 4 for ¥8,400. , onit was all about alibaba friday, and we could see the company bounce back from the big games on friday. Surge, buteen a 38 fell after hours. Billion, making is significantly larger than amazon and facebook and ebay. What if that dream comes true . That wee 15 years ago were going to change sign and improve china the internet was going to change china and improve the world. If you do not work hard, nobody has a chance. I never knew that we would be here today. One of alibabas biggest stakeholders did not fare as well. Stock made yahoo s them less valuable than their asian assets. 40ir market cap is about Million Dollars 40 billion. The fault may continue since investors can now buy directly into ali baba. They are forecasting the end of a twoyear hiatus for chinese. Listings t. The Southeast Asian correspondent joins us now. What extent will these market changes make . There is likely to be a significant change. In the past it was difficult for Mainland Companies to list in singapore. They had to incorporate an overseas Holding Company before they are able to do that. Now, with the new agreement, they do not need to. It is easier, it is a much simpler product process. The last one listed in singapore was back in 2012. Billions raised 2. 2 for singapore ipos this year. That is down more than 50 from a year ago. Was also down, volume was down more than 30 from a year ago. Been proactive, by the way, in trying to reverse that trend. It has been wooing chinese companies. The Singapore Exchange has held seminars across china to explain it new rules explain new rules. And it has to. It is different. Singapore does not have the natural influx of ipos. That there isys an ipo factory inside of china, they are going to hong kong. Quickly, are you saying that singapore may present a challenge to hong kong now . We are hopeful. If the deal works out, perhaps. But it will be difficult. Remember that the trading link between hong kong and china begins next month. That will make it attractive. It has already helped, we have seen a rally. Singapore hasnt limited measures over the last three years to make the ipo market your more attractive. To allowtroduced rules the listing of Resource Companies without a earnings track record. It wants to show that it can be a bit more flexible compared to hong kong. Thanks for that. We know that many chinese cities to have a severe pollution problem. There is evidence that it is getting worse on a per capita basis. Our china correspondent joins us with the details. Steve. Emissions are growing up faster than the previous two decades. Emissions here in china are growing a 4. 2 last year, to surpass the european union. That is per capita. Has is the first time that happened, according to the latest audit by the Global Carbon project. Coal use is the biggest culprit. Gases areuse declining, down 1. 8 . Not a surprise, given we can Economic Growth. The u. S. , nearly a 3 rise in emissions. India, too. All those countries and regions combined accounted for almost two thirds of global emissions. Not surprisingly, also be accounted for 80 of the population growth globally. It shows that a, we as a human race are already spewing into the atmosphere two thirds of the carbon and elbow under scenarios that Scientists Say could allow us to avoid irreversible changes to the planet. Sounds dire. If pollution continues at this rate, the limit will be reached in 30 years time. We might still be around. I might not be, because i live here. We are heading in the wrong direction. Scientists say that you missions must fall at least 5 or more for several decades to keep the world from warming more than two degrees celsius. Level identified as the limit before dangerous changes to the climate chicken. Kick in. Next, the investment practice that can draw a crowd, or that is the idea. We will look at the suggest of crowdfunding campaigns. Is is on the move right, who needs an Investment Bank when there is crowdfunding . Our next guest is a recognized Global Leader in the industry. He is the principal investor of crowdfunding advisors. I know that in the research he said that people do not ask what crowdfunding is, but i am going to ask you, what is crowdfunding exactly . You have a larger book people who are able to make investments in a Small Business or startup. That is traditionally what crowdfunding has been. Seen larger have organizations incorporating crowdfunding or Group Funding into their investment strategies. But it is not just equities or debt, right . Absolutely. How would i do this . As an investor, you can go to a crowdfunding site. The u. K. Has the most sophisticated Crowdfunding Market in the world today. You can look at what is available and determine how much you want to invest. What, typically, are the returns like . On the equity side, we have three years of experience. We have one company that just listed to go public. That is the First Company that has been crowd funded initially that is not going public on the u. S. Exchanges. On the debt side, returns ethically been six or 8 , with a bad debt expense of under 2 . Lets talk about how it is regulated. How safe are the sites . U. K. Has had this for two years, austria has had a provision for this for eight years. There are a lot of investor protections baked in. Certainly the work that we do with investors, with securities , with governments, is how do we create the right balance to make sure that investors are protected. But there are regulations when it comes to Investment Banks and compliance issues here. Can we get a sense of what could go wrong . Fraud is always a concern. What we have to do is create the right amount of protections for investors, and balance for issues. How do you protect investors . Cardio make sure that there is a process to get access dust that the process to get access to the capital is not so onerous that companies will not do it . The third is transparency for the regulators. Before the is allowing those platforms to have the capital that they need to grow. Lets talk about asiapacific, how is this working out here . There are not that many. Today is an important day for malaysia. I was just an event that is being held of the Securities Commission there on friday. Today they will be issuing their response to some Public Comments that they allowed on their proposed crowdfunding regulation. I think that in the next few months it is quite likely that malaysia will have equity crowdfunding. There are other countries in the region that are looking at this quite seriously as well. Singapore . They have just regulated and improved their approved their first crowdfunding regulation platform. It will be launching in the next few weeks. What about china . There are a lot of crowdfunding equity and debt sides already available in china. It is not regulated yet, so the sites are popping up and going down again. It is not a transfer market with regards to crowdfunding today. But certainly i think over time the regulators will work to provide security. Jason from crowdfunding capital advisors. Coming up next, a strong mandate and a strong currency. Boost delegating a getting a boost. I am david, in hong kong. It is monday, and these are your headlines. Lets start things off with the u. S. Dollar. We going for an 11 straight week of gains. The dollar index is on its longest wretch of weekly gains and cents, get this, since the beatles were gearing up to release sergeant Peppers Lonely Hearts Club band. Boost t a further boost this week when the u. S. Releases revised Growth Numbers for the Second Quarter. Some currencies have been affected, some more than others. The taiwan dollar, it is coming up be worst week for the currency in six months as Global Investors are clutching their holdings. The forecast there, 7 increase for august. Will that help stem the outflow . Two new zealand. Dollar is seeing an increase out of the gate, after an election that saw john key returning to power. This is the first single country majority in the country since 1996. Lets take a look. Kiwi dollar, off the high of the day. A little bit of weakness across regional currencies. The japanese yen is now below 1. 0 9 above 1. 09. What else do we look at . 128. 46. , sterling. Dollar. Dd the aussie 89. 31. Is it low enough for the rba . We do not know. We will see how they, during the next months meeting. Those are your markets this monday morning. All right, lets check on headlines around the world now. After months of negotiation, we have a powersharing agreement reached in afghanistan. That following on from the countrys president ial elections. The runnerup is appointed as the chief executive. Accusedes had previously each other of fraud in the two round election, which began in april. The final tally of votes as you to be released, would you believe it. Shiite rebels in yemen said they have signed an agreement with the government to end the political crisis. This comes after they seized a number of strategically important buildings on sunday, including the defense ministries as well as the central bank. A new Prime Minister will now be appointed, and a unity government formed within weeks. Turkish authorities are processing thousands of Syrian Refugees who are seeking shelter from islamic militants. The u. N. It says that thousands crossed the border in a too are. It and hundreds of thousands of more are expected. Is ready tothat it handle the influx. There was a threeday lockdown to try and stop the spread of ebola. German Health Worker stepped in. Residents complained of food sorted euros. Shortages. Than 560 people have died in sierra leone from the virus. Peoples of thousands of across the world took part in protest on sunday designed to raise awareness of Climate Change. Theyre calling for greater use of clean energy. The global day of action comes ahead of the u. N. Climate summit. It will be attended by 120 World Leaders. We are a strong power and energy and a voice of the people. I hope that this voice will be truly reflected to the leaders when they meet on september 30th. Is the defining issue of our time, and there is no time to lose. If we do not take action now, we will have to pay much more. You have used twitter, now it is even easier to stay in touch with us. You can follow us. You can follow me on twitter as well, my handle is as well. Taking a look at the trading day, we had a stellar. Debut. Could alibaba get any bigger . Have marketsak, we opening up in hong kong, and shanghai as well. Four minutes to go until that. We see most asian stocks on the way down, pressure coming through, no real direction out of wall street. The nasdaq and s p are falling back on that friday session. But it is the opening in hong kong and shanghai, right after this. Softbank sinks. No surgeon stock for ali babas biggest investor. Looking for alternatives. Sonysirtual game show, plan to get ahead. Shanghai open,he it is looking a bit weaker at the moment. As you mentioned earlier, we did not exactly did a clear signal from wall street on friday. The closing of little bit lower than the record midweek last week. Across asia, lowvolume out of the gate. More or less a flat session. Most markets are trading lower, earnings are a key focus. Prices, 1212 u. S. Dollars for a share right now. The one your chart, there you go. Keep in mind that the low is 1199. And 199 look at the opening numbers for hong kong. The philippines is reopening after being shut on friday because of the strong typhoon. The new Zealand Market has a boost. ,orea and japan of both lower down by about. 5 . The alibaba ipo more or less erased what people were calling the ipo discount. Their initial pricing, 68. Estimated earnings, erased that. . 10 compared to 10 . 36 36 times. Hong kong exchanges, why are we watching that . Twitter said it was in talks for a possible listing here. China, resources, power. Why are we seeing shares down 10 . The company is basically saying that its chairman or its sident is retained detained for a criminal investigation, charges of corruption and bribery by authorities. We are down about 4. 8 at this point. The board is saying that they have considered the matter and they say it will not materially and adversely affect normal business operations. Shares down about 5 . The me take a look and go back to my chart. I want to show you the dollar index, a little bit lower. For 11 straight weeks of gains, which would be the longest streak of gains and were gearingtles up to release one of their albums. But it was the eighth album. Skyncluded lucy in the with diamonds and a little help for my friends. It feels like 67. Thank you, david. Japan says it cannot opt out of Nuclear Power as their watchdog gives the green light to restart. Lets talk about all of this. This is a huge strain on the economy, as well, which is been spinning into a trade deficit. What they have to do is they shut down all of the Nuclear Power, 48 reactors. All of a sudden, they have to restart all of the stuff. Oil, all that. You saw a spike of oil imports into japan. Import mored to coal, and that put a strain on the economy. So they have two . As of today, zero. A couple are being approved by the government and will be on my next year. So we have a way to go . Go. E have a way to the government is putting a high entry barrier in terms of requirements for restarting the power plant. That is japan. The other countries with response to nuclear . Korea is building rapidly. China is growing at the speed of a lamborghini in terms of new capacity. Taiwan is a question mark. India, which also has initiatives. You do not have to be a genius to work out why the air is so dirty in this part of the world. Is it a priority . Nuclear is clean, but has all the pitfalls that go along with it. Mean, a very carefully planned nuclear buildup, in terms of transparency and monitoring to ensure that nothing goes wrong, is very helpful for a place like china. Nuclear is one of the only forms of these load that you have. Base load. It is the only zero carbon base load that you have. If you want to replace coal, you only have nuclear. Take a looking to now its on stories, some of the corporate stories this hour. Shares are falling in hong kong. Theyre down about 3 . Luxury brand the it reported a drop. Europe sawand in sales grow at the slowest pace in three years. The smart eyeglass uses a builtin projector to display text and images in both eyes. It can be use as a secondary screen for android smartphones. Apps for cooking and math are expected soon. Mitsubishi motors is gaining after announcing a tie up with yet. With fiat. They agreed to su