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Speaker 1: News when you wanted with Bloomberg News Now, I'm Brian Curtis.

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Speaker 1: In Hong Kong, Presidents Joe Biden and Shi Jinping are

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Speaker 1: set to announce an agreement that would see Beijing crackdown

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Speaker 1: on the manufacturer and export of fentanyl. Sources say the

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Speaker 1: agreement will be announced on the sidelines of the APEC

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Speaker 1: summit in San Francisco on Wednesday. Bloomberg's Colin Murphy has more.

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Speaker 2: The White House is heralding this as a big win

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Speaker 2: for them, but of course, you know they have had

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Speaker 2: to give up certain things, and there's a price that

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Speaker 2: will come with this, and one of the things is

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Speaker 2: removing some of the restrictions on a branch of the

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Speaker 2: police here that had been associated with human rights abuses

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Speaker 2: in places like Shinjong.

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Speaker 1: Bloomberg's Colum Murphy at APEC, US Treasury Secretary Janet Yellen

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Speaker 1: told the opening session finance ministers will discuss the global

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Speaker 1: and regional economic and financial outlook. Yellen said there's a

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Speaker 1: big responsibility.

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Speaker 3: APEIC members represent some of the fastest growing and most

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Speaker 3: dynamic economies in the world, driving both growth and innovation.

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Speaker 3: So the actions we take matter not only for our

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Speaker 3: own economies and people, but also for addressing the global

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Speaker 3: challenges the world faces.

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Speaker 1: Yellen also said that APEC countries are refocused now on

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Speaker 1: longer term priorities. A critical twenty four hours in an

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Speaker 1: attempt by Congress to keep the government funded going into

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Speaker 1: the weekend, Bloomberg's Ed Baxter has the story.

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Speaker 4: House Speaker Mike Johnson says he'll bring the bill to

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Speaker 4: the House floor in spite of negative reaction from the

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Speaker 4: right wing of his party, who wanted spending cuts included.

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Speaker 4: Senate Majority Leader Chuck Schumer has opened the door to

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Speaker 4: a settlement for now.

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Speaker 5: I am pleased that Speaker Johnson seems to be moving

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Speaker 5: in our direction by advancing a cr that does not

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Speaker 5: include the highly partisan cuts the Democrats have warned against.

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Speaker 4: And President Biden also has often saying he'll wait to

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Speaker 4: see the deadline is Friday midnight, Ad Baxter, Bloomberg Radio.

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Speaker 1: In other news, Israel's economy Minister Near Burkhott says that

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Speaker 1: his country wants to wipe out Hamas and isis with

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Speaker 1: little collateral damage. He spoke with hosts Carol Masser and

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Speaker 1: Tim Stenovik on Bloomberg Radio.

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Speaker 6: We don't want to target innocent civilians. We deal with

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Speaker 6: Hamasta hiding behind you know, in our shelters. We put

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Speaker 6: our citizens in Gaza. The militants use the shelter and

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Speaker 6: they don't care about their civilians. They don't care. Actually

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Speaker 6: they're using as human shields. We protect our civilians, they don't.

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Speaker 6: And so entering Gaza, focusing on the militants that are

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Speaker 6: by the way using the hostages as human shields. It's

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Speaker 6: a challenge. So we're taking our time. We want to

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Speaker 6: make sure that we only hit the militants and enable

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Speaker 6: the people to leave the northern part of Gaza.

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Speaker 1: Israel's Economy Minister near Barkat. China's we credit growth and

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Speaker 1: other recent data show the nation's economic recovery is losing momentum.

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Speaker 1: Bloomberg's Yvon Mann has more from Hong Kong.

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Speaker 7: The People's Bank of China reported the flow of aggregate

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Speaker 7: financing was two hundred and fifty four billion dollars. That's

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Speaker 7: less than half of September's total, in miss estimates of

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Speaker 7: two hundred and seventy billion. Economists have been looking at

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Speaker 7: loan demand as a barometer for China's economic recovery, but

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Speaker 7: the housing market slump and low corporate confidence have led

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Speaker 7: to relatively slow credit expansion this year. Meanwhile, three independent

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Speaker 7: surveys saw consumer demand falling in October. And that's even

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Speaker 7: as Beijing rolls out new fiscal stimulus in Hong Kong.

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Speaker 7: I'm von Mann Bloomberg Radio.

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Speaker 1: In other news that Dubai Air Show is underway a

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Speaker 1: number of deals announced. Boeing winning in order for ninety

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Speaker 1: of its seven to seventy seven X jets from Emirates Airlines.

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Speaker 1: Emirates president Tim Clark says travel demand is strong.

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Speaker 8: I'm a great believer in demand for travel globally being

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Speaker 8: very strong and robust, more so now than half pre COVID.

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Speaker 8: This is the paradox which gets everybody offside it. More

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Speaker 8: people are traveling, more people are traveling, more often than

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Speaker 8: paying high affairs, and still they keep coming at us.

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Speaker 1: The deal for these new jets valued at fifty two

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Speaker 1: billion dollars. We've learned that ICBC executives traveled to the

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Speaker 1: United States to limit fallout from a hack at the

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Speaker 1: bank last week. The hack was said to have had

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Speaker 1: an effect on the auction of thirty year US Treasury bonds.

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Speaker 1: Source to say the executives sought to calm markets through

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Speaker 1: a steady stream of discussions and calls. As we reported earlier,

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Speaker 1: the hacking group behind the ransomware attack says it received

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Speaker 1: a ransom payment. No details were provided. That's news when

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Speaker 1: you want it with Bloomberg News Now. I'm Brian Curtis.

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Speaker 1: This is Bloomberg