Salvog firing the latest in the smartphone wars, unveiling its galaxy s7. Virtua reality is the new growth partner. Follow me on twitter. Dont forget to include the hashtag as well. Stocks having a little bit of a bounce. Rally the biggest weekly in four years. Japan reversing declines. A lot going on. Heresnne yvonne. The nikkei off session highs. There could be boosted sentiment in equities. Overall, we are seeing, we are still down 5 this year despite the best week weve had since 2011. We have paired back from the losses, but we are closer to being flat on the regional benchmark. The big news, the head of the Securities Regulator in china, has been removed from his role. The government really taking action here after last months stock market rout, which did lead to that suspension of the Circuit Breaker system. Analysts say someone had to bear the responsibility. We will see how that reaction is. Bankormer chairman of as will now replace him. Hsbc earnings are out later on today. Losses of 0. 1 . Asx 200 up about 0. 5 . We talk about singapore, pretty much flat. Malaysia down 0. 2 . Taiwan pretty much flat. Japan, we are seeing that Foreign Investors are fleeing japan for six straight weeks. Black rock is among the Asset Managers, one of the biggest ones, that are overweight on japan. They think the boj adopting negative rates is going to be the main thing that pushes things back up. That and the stimulus measures will keep a lid on the yen. I want to end on the yen. We see a little bit of weakness today. Yeartodate, the last month or so, it has climbed 0. 6 . Last week, Third Straight weekly advance. We are seeing honda and mazda saying that these currency losses are magnifying the situation in terms of earnings. Debtad chinas ratio of to the size of economy is expected to climb. Work to prevent a deeper slowdown. Shery ahn is all over this. What is going on . Shery the everpresent specter of chinas debt overhang is expected to keep getting worse. Seven out of 12 economist see the debt to gdp ratio increasing through 2019. At 283 ect debt to peek of gdp. Policymakers are facing the delicate balancing act between keeping credit flowing to ensure average Economic Growth of around 6. 5 , but not too fast to trigger a credit blowout. Last week, a report showed that banks extended a record 385 billion of new loans in january. According to nomura holdings, about 40 of those loans go to state owned enterprises, which only contribute around 10 of chinas economic output. Their debt has jumped to 62 from 55 since 2007. Private companies seem to be doing a better job managing their debt. They have cut the ratio. Goldman sachs says it is impossible to identify a specific debt to gdp level that will tip the chinese economy into financial crisis. But chinas increase of debt is among the highest in recent history and every major country with rapid rising debt has experienced either financial crisis or prolonged economic slowdown. Of course, we will have more on that story. We value your thoughts. Use my hashtag. Shares just started off their session in singapore. The countrys biggest lender beating estimates. Lets get over to Southeast Asia correspondent, has haslinda amin. Haslinda thumbs up. Rising this morning on the back of better than expected numbers. That is up 20 from a year ago. Fromd a onetime gain selling its property investment. That contributed almost 100 million. Finances remain healthy. The slowdown in china notwithstanding, the ceo says the Fourth Quarter caps a strong year while unsettled Financial Markets have created uncertainty. The fundamentals are sound. The risks are manageable. Looking ahead, the concern may be bad loans. Forced, rivals have been to set aside more to cushion rising nonperforming loans. Uob, nonperforming loans rose 20 . Singapore banks remain vulnerable. The exposure from at home and abroad. The credit quality right now is ok. , but low and under 1 something to keep an eye on. Rishaad thanks a lot for that, as. Lets have a look at some of the other top stories we are watching for you today. Zeb theres a new man in the top job at chinas national Securities Regulator. The latest fallout from the 5 trillion stock rout. The man who oversaw the response to that was removed from his post on saturday. This amid a haphazard response to halt the state market tumble last summer that reverberated throughout Financial Markets globally. Officials were heavily criticized for heightening turmoil in the market rather than ensuring stability. The new chairman is a former chairman of Agricultural Bank of china. Sources say yahoo is set to begin approaching potential corporate and private equity buyers today. Those assets are expected to attract considerable interest from verizon, comcast, and at t. Are said to be interested according to people familiar with the situation. Yahoo revealed last friday that it is exploring Strategic Options as it works to challenge to transform its challenged business. Shares are down 10 this year and its value dipped friday to 28 billion. Sharps board may meet on thursday to consider rescue plans. This according to a press report which says directors met over the weekend to discuss their options. Sharp is saddled with debts and its losses have deepened. A Restructuring Plan would spin off businesses. Incj believes that its bid is the best for the company, but will respect sharps final decision when it comes. I believe our plan would be the best for sharps shareholders, employees, and customers, as well as all of japan. The other plan is also well considered. The two plans are compared based on money. But these are totally different concepts. We believe sharps management will consider them properly and i will be happy with whatever decision they make as long as it works best for sure. Zeb another story we are following is how china is working with north koreas efforts to funnel cash. Check it out at bloomberg. Com. Rishaad it is a compelling story. Later in the program, talking to the chief executive of one of australias biggest steel producers, a warning about iron ore and china. Next, find out where malaysias Social Security fund is putting its money. Trending business act in two. Rishaad having a look at malaysias economy. It lost more momentum in the Fourth Quarter. It did grow faster than market expectations. Domestic demand offset slumping prices. Lets get to tokyo and join stephen engle. Lets talk about the prospects for malaysia this year. Good morning to you, rish. We are at the apex summit in tokyo and our next guest is dr. Mohammed osman, ceo of the malaysian Social Security association. Thanks so much for your time. Lets get right to it. Globally, markets have been in turmoil. We have Central Banks going in divergent areas. Here in japan, negative rates. As the head of the Social Security organization in malaysia, how do you assign your Investment Strategy in this time of incredible risk . Thank you. A sickly, if you look at the Social Security organization, we given by thernance government that we have the mandate which we can invest in and certainfolio strategy and with certain allocation. That is very diverse. Basically, when we look into investment, we always think of to have the fixe return,l with good fixed return, small return. I would say that it is very conservative. That is the approach when we look into the investment from the Social Security organization stephen currently. Stephen you have about a 7 billion fund. Are you looking abroad as well . Ofcurrently, more than 90 our total investment is locally, but we have started to move slowly to International Investment using our fund manager that weve already appointed. To move slowly into International Investment with certain criteria and also with certain requirement of return with this fund manager. You are not investing into rising stock markets or falling stock markets that are going to be necessarily risky. What is the sustainability criteria for you at a time in malaysia as well when the government is talking about increasing the minimum wage, increasing the ceiling for Social Security contributions, which to the layman and the worker says, my costs are going to go up. Im going to have a higher contribution to Social Security every month. How important is it to you to provide that sustainability, that their money is going to be worthwhile . Intofinitely, if we look when you have minimum wage, the contribution would be based on minimum wage. Number two, looking at the raising of contribution, we used to just go on about 3000, but now we increased to 4000. Those who earn more than 4000 need to contribute based on 4000, which is about 1000 u. S. Dollars. In conclusion, it is good for the organization because you are getting more contribution. But you need to understand that when you have that kind of ceiling, the exposure is more. This is where we have to balance out. When we talk about sustainability, it is not just the return you get from the contribution, but how you want to mitigate the exposure that you have. You are going to have riches bigger because workers, if they are injured, they will get benefits on higher contributions. Looking at another aspect of sustainability, this is where we try to mitigate the accident. Most organizations fail to see that sustainability is just not about investment return, but how you can reduce accidents, how can you reduce those workers who just received benefits to stay out of the system . We need to get these disabled workers to go back to work. We are also promoting programs through disability management. Stephen you are having a global disability summit. We will be there. We have to wrap it up. Im so sorry for the short time. Security,ion, social stable returns as well. Back to you. Rishaad thanks, steve. We will be back with him through the course of trending business. Suicide bombings in syria have killed at least 140 people as the u. S. Said russia had agreed to the terms of a limited ceasefire. Islamic state claimed responsibility for the attacks in damascus. U. S. Secretary of state john kerry said he discussed the proposal with Sergey Lavrov but didnt give further details. Scaling back the violence has become even more urgent as concern mounts that saudi arabia will become more heavily engaged in the war. Or than half of the water supply to indias capital has been disrupted. Protesters shut off a canal harrying waterton new delhis 18 Million People. Reportedly eased their blockade of roads into the city, but schools remained closed on monday to conserve water. On sunday, fiji residents were told to stay inside after the strongest storms ever recorded in the Southern Hemisphere. At least six people were dead. 255 Kilometers Per Hour in the storm. A curfew has been a standard to monday morning. Powered by over 2400 journalists in 150 bureaus around the world, this is bloomberg news. Im rosalind chin. Rishaad coming up, samsung putting its hopes on a new smart phone. Can it take a bite out of apples market share is to mark market share . Rishaad huawei has backed apples chief executive over breaking into an iphone. [indiscernible] move sets a the dangerous precedent for Consumer Privacy and while way agrees. Thing fort important the consumer, we should really protect the consumers, their privacy and security. This is key. That. Port personally, i support apples tim cook, his idea. Rishaad google has also cited with apple in its fight against the court order. The companys Senior Vice President for android says the issue needs more debate. Obviously, we focus on building really secure products. But if requested or demanded by law agencies, of course, based on proper legal process, we will make Information Available to them. I think what were talking about here is a completely different scenario. In this case, apple is being asked, it sounds like, to help in hacking their product. I think that is a very different scenario from the way things work today. I think that requires a lot of discussion and debate. I have a lot of respect for law enforcement, of course, and dont have any respect for criminals. I think it is more about just a completely new way of thinking about things. Emily you have opponents out there, including president obama, who say this would be restricted to one criminal and if it is going to save lives, isnt that more important . Why would you protect criminals . Why would you put innocent peoples lives at risk . It is a new area and i think it warrants more discussion. How is this going to work . What kind of precedent is being set . I think more thoughtful debate is warranted here. Emily if that phone was an android phone, what would you tell the fbi . Hard to get into hypotheticals. That is not the case we are talking about now. I think sundars statement stands. We would feel the exact same way. This is a different scenario, so lets think this through a little bit more. Emily Edward Snowden has said this will meet the most important tech case in a decade. These are complex and important issues that you have the power to control as the head of android. It is about privacy. I think everyone agrees it is important. It is easy to talk about these cases in general terms, but the specifics do matter. Im not familiar with the specifics of the san bernardinoapple situation. It is hard for me to comment on that. It does feel like an important area that requires more discussion. Rishaad android is used on samsung phones and that company has unveiled its latest smartphone. Has upgraded components and sees the return of a popular future. Juliette has the latest. Juliette on the outside, it looks like the s8 that failed to excite samsung customers last year. Inside is where samsung is hoping there is going to be a difference. It is bringing back the wrap around battery which gives it longer life and the memory card that had been removed as it tried to make a thinner model to tap into that iphone market. That really backfired. Those who actually liked the qualities of the samsung were a little bit upset that they were trying to move too much like the iphone. It has also got a peripheral device. They are moving into that ai or Virtual Reality space. They are waterproof for almost 30 minutes in 1. 5meter deep water. There is a 5. 1 inch screen and a 5. 5 inch screen for the edge. Weve been hearing from the Vice President of samsungs operations and he says there are challenges ahead, but they are quite confident. Rishaad what are samsung investors looking for here . Juliette lets hear from the Vice President who has been talking about what we are going to hear from. You can hear that sound bite. The market for the smartphone is obviously slowing down a little bit. Still growing, but there is much more than just the phone now that you are holding in your hand. When you are using one of these new devices, this is more than a phone. This is your camera, your mp3 player, your tv, your recorder, everything and more and more and more is coming. That is going to be crucial here. Juliette they want a hit product. They are calling this the hero product, coming from the zero, which was the s6 last year. Rishaad were going to take a break. See you on the other side of it. Rishaad after the biggest weekly rally in four years, asianpacific shares starting the week with tentative gains. Again sparking a revival in japanese equities. Than expected earnings pushing australias benchmark into positive terrain. The pound falling the most in a month against the dollar after londons mayor says he will britainsor exit from the eu. That put him at odds with david cameron. Johnson said he came to the decision after a great deal of hard thinking. Singapores bank beat estimates, rising 20 to a fiveyear high. Dbs is the second major lender to restart betterthanexpected earnings. They are unable an economic downturn in that part of the world. Lets have a look at the open in hong kong. What is happening over in shanghai . Yvonne is looking at it all. Yvonne a much better start off on the monday morning then the last hour or so. Shanghai starting off strong, up 1 . Over the weekend, we heard the csrc had has been removed and now replaced. The hang seng looking pretty good too, up 0. 6 . Pretty much flat in manila. We are entering earnings week in hong kong. Say kong stock strategist theres more upside than downside. Expectations, they stay very low at the moment. Earningssaw sales and miss estimates for the first time in six years. 2015, they say, could be looking better. Reported 57 that have so far, sales and earnings are ahead of expectations. We continue to talk about the yuan. The bears, the forecasters that predicted this august rout win before then, they say china isnt the only thing they are worried about. Talking about the u. S. Entering recession and u. S. Treasuries heading to alltime lows. We are seeing more sentiment today, better sentiment and optimism, with asx 200 at session highs. The nikkei extending those gains, up 1. 2 on this monday. Lets see how things break up in the asiapacific. We were seeing every sector in the red. Oil and gas still a big headliner as we see u. S. Crude below the 30 mark. We are seeing Brent Holding those declines at 33. In terms of oil and gas, falling shares. We continue to see that nigeria is now backing a proposal between saudi arabia and russia to freeze output. We are seeing today among the Oil Producers kind of mixed pictures. Australian miners down 1. 5 . Back and forth. China, taking a look at the banks, the pboc is going to be adjusting reserve requirements for banks after review. We are seeing that s