asia owes its rapid development overallth to the stimulation and asia. neighborshave good can enjoy a well loved life. the past suffering and tribulations have made asian people know better than anyone. the postwar experience tells us that no matter what stage we are at in terms of development, we need to remain committed to good neighbors and friendship, and must not let ourselves be distracted by minor disputes are differences. dialogue and cooperation is the golden key. st treat each other as equals, coexistence piece, and diffuse differences. we can consolidate the cornerstone for regional peace and stability. second, we must work together to promote economic growth. emerging economies and developing countries account for 40% of the world's economy. past, weint in the contributed to a third of the total economic growth in the world. played a critical role in responding to the international financial crisis in 2008. for the past few years indeed, emerging and developing countries encountered great difficulties, some countries with sharp slowing down i

angie: when "asia edge" returns. ♪ angie: you are watching "asia edge." hackers install more than $100 million from the bangladesh central-bank and stopped its computer systems for weeks before gaining access. an interim investigation shows a sophisticated group of hackers. let's go to our southeast asia correspondent haslinda amin who has been taking a look at the story. what lengths to the hackers go to? they went all the way. the hackers were organized, sophisticated. they went to great lengths to pull off what is believed to be the biggest money laundering case in the philippines. the hackers, according to a report, sneaked through the systems at the bangladesh central-bank for two weeks. the installed software that allowed reentry. they also used malware to make payments look legit. say the hackers made sure they cover their tracks all the way, no trace whatsoever. logs were deleted. it's a global money trail from new york to sri lanka and the philippines, $81 million sent to the philippines, another $20 million sent to sri lanka. the original plan w

the situation we face in southeast asia is complex. but in my view, the underlying issues are simple and are utterly fundamental. i am confident that americans who have a deep and material understanding of world responsibility are fully capable of cutting through the underbrush of complexity and finding the simple issues which involve our largest interest and the deepest purposes. i regard it a privilege to discuss these problems with the committee this morning, to consult with you, and try to clarify for the american people the issues we must face. i do not approach this task on the assumption that anybody, anywhere, has all the answers. or that all wisdom belongs to the executive branch of the government, or even to the government itself. the question at issue affects the well-being of all americans and i am confident that all americans will make up their own mind in the tradition of a free and independent people. yet those of us who have special responsibilities for the conduct of our foreign policy have had to think deeply about th

this is on bloomberg.com/asia. the trading halt the close tab the market last august could cause china's entry into the to be delayed. we have more on this. it has been nine months since msci's last consultation. oughasn't exactly as they they cover their selves in glory. >> china wants to be in the msci global indices. they have done a number of 2014,s in november opening shanghai hong kong connect, and that helped investors access the mainland market. this year, following consultations, they relaxed restrictions in february on foreign funds with qualified foreign investor license in china. they will no longer be required to apply. those of the changes implemented, but following the trading house last year and a circuit breaker mesko earlier this year, there are question -- the circuit breaker fiasco earlier this year, there are question marks. what are the remaining obstacles for china to be included in these indices? show moreally need to inaxation in the rules trading rules and china. allow morely need to acces

it is the middle of the trading day and this is "asia edge." a look at our top stories, asia extending the global rally. bank of more central decisions. a difference of opinion as the pboc governor says china will not devalue the yuan. hitting the glass ceiling, why so few women are promoted to the board room in japan. deal, a chinese forhase of u.s. real estate $6.5 billion. a different story for individual chinese homebuyers, they face a lifetime of renting. taiwan has something new to smile about. more on this monday edition of "asia edge." keeping and i on asian markets. we are slow out of the gate. on the asian eye markets. we are slow out of the gate. to the feding ahead meeting. no fireworks

so what are you telling the nations here in asia? what should they learn from that? >> i'm only saying we know how difficult it is to deal with this. first and foremost the humanitarian imperative remains important. we have 60 million people in the world who are refugees or migrants or looking for a better future beyond their own country. in the end we have to look at the origins, why do they leave, human rights conflicts. we have to make sure that if not the smugglers who deal with their fate, or show solidarity for those who are seeking asylum or seeking other reasons for moving. that is the dilemma. i think we're all confronted with that question >>> unfortunately, i have to leave it here. thank you very much for your time. the deliberations here in bali will continue for the next few hours and then we hope to announce this new mechanism, ministry declaration on how to deal with the people of smuggling and human trafficking here in the future in south-east asia >>> thank you for that. u.s. president obama has raised in argentina after an historic visit to cuba. ob

>> it is mainly asia for us. food panda started in singapore for years ago and have been expanding throughout asia. in asia there is a strong food delivery culture, a faster growth from off-line to online. asia is the back home of our strategy. of our strategy -- backbone of our strategy. i think hong kong for us has been one of the fastest-growing markets out of all asian cities. i think it has to do with the fact that it is a very dense city, a city that is interested in new technologies, and the food city. it is a city of foodies and people interested in food and food delivery services. been -- growth here has i'm talking about organic growth. >> hong kong is one of the markets where we did the least advertising compared to other markets, and also the strongest reorder rate, that means that if people start to use our service, the coming back more often in hong kong than any other market. we can experience even faster growth. what about india? that is a very competitive market. there is a culture there a food d

let's look at asia as well. asia responding to more infrastructure changes in china as opposed to disappointing retail sales dates da. we also saw machinery in japan with strong gains across the board for asia. >>> and we haven't seen this type of buying since october last year. let's check on the broader markets, wall street with the advance, finishing at really four weeks of gains and seeing their best days since the beginning of this. that does have something to do with oil pricing. oil prices have been up four straight weeks. and today looking at texas crude coming down a little bit, down 2%. and brent crude, close to .67%. and with the ten years, let's go with the dollar. so many type of banks meeting, boj, smb, and bank of england. and the euro/dollar. and the u.s. dollar. the yen, as you see, looks like the u.s.s. losing ground. and the yen is strengthening with the pound, sitting at 1.43 at change. gold still about 1200 an ounce. 1256 to be exact. >>> j.j. kinahan joins us, good morning to you. >> good m

win "asia edge" returns. ♪ ,ishaad: back with "asia edge" the man behind the most expensive piece of lingerie in the world. he says the dimon industry -- diamond industry is under pressure. brawl priced at $11 at $11 -- bra priced million. i would not want to wear that. ♪ >> the diamond and jewelry industry goes through different cycles impacted by the economy. in the last two years, it has been difficult. i think it will remain difficult this year. it is the first time we are going to a global slowdown where there is not one market that is thriving for jewelry. has china's slowdown affected the industry? >> we are seeing a polarization where volume is happening at lower price points. the in between is where people are having difficulties. >> how much am i holding now? >> you are holding $13 million in your hands. oh, my goodness. what is the difference between a good long-term investment and one that is not so much? >> you want to go for the rarest possible gyms. a colorless, the best possible grade, free of inclusions. mother nature produces diamonds, but very few are pure. compa

they've been talking a lot about asia. i think what's been going on in asia and what's been driving that is it's been the chinese coming over to hong kong, and hong kong has been driving the whole of the asian business. while that's been good, the market has perceived it as a very much one-off trade. they're unsure how long that's going to be sustained. >> and specifically in asia, prudential reported a strong performance in its asset management area. this has been an increasingly competitive area. more european banks trying to get a piece of that pie. should that be a concern for prudential going forward? >> i think we should take a step back and say these are a great set of results. we were going for 14% growth in profits and they've come in at 22%. the market is really quite pleased by that. what you've got going on in prudential is a very diverse business, so they have the strength. the strength in asia is quite unique across the european insurance companies. these markets, i mean, you can say they are competitive, but

of control throughout asia. the concern today is a re-emerged nationalistic and increasingly provisional list china is bent on establishing a larger sphere of influence. seeking to restore china to greatness simultaneously seeking to rejuvenate the nation and preserve the party. in addition to comprehensive reforms at home there is a reassertion of territorial claims and in effect militarily pushing back the us which and you areenjoyed a long-standing preponderance of power in the asia region. it seems to gain control and the south china sea. although china is riddled with myriads of challenges, whether the trajectory will lead to a great power war, while experts disagree on the inevitability of conflict we cannot avoid the potential impact. before pearl harbor many thought the idea of work between japan and the united states unimaginable which is by the book by peter navarro is so important. uniquely fashioned a career out of multimedia enterprises, and he is published ten previous books, including several rela

that is why we are seeing a significant down side when it base in the energy asia session. take a look at the gainers we saw yesterday. producerrgy, the oil down. for fortisng upsides q metals. japan petroleum one of the energy losers. kia sing a downside. they are looking to enter the arabian car market in the second half. >> let's get back to the surprise offer from starboard hotels. jonathan browning is here with the latest on this. >> it is a really extraordinary story. there have been chinese interest earlier in the process but marriott had agreed a deal with starwood. are think both parties shocked. >> they are. it was interesting that it was marriott that outed. said theyried that have come in and topped us. we are still committed to a deal let this play out a bit. >> two deals in two days. pursuing hotels? >> i think the trophy asset. the big deal was the acquisition in new york. one of the most stages hotels in new york where the president used to stay. in a sense, they are easier deals to do than corporate asset acquisitions. case, we are seeing lots of insurance

goods, and 25% of services already voted asia -- already go to asia today. there is so much opportunity. apply in asia has been exponentially growing. america spice of that pie -- america's slice of the pie has been shrinking. across america, congressional district could valued at $500 million or more go to asia. send at leastates a quarter of the exports to asia. put another way, 32% of export dependent jobs over there living -- owe their living to asia. tpp gives the u.s. a strong hand at writing the rules of trade in this important part of the world. it makes is an active player, not a bystander. will confirm our ties in asia, at a time when many of our trade partners perceive us as pulling back. many of our asian friends have made clear that they will judge america's commitment to asia by whether or not we ratify tpp. in conclusion, from our perspective, the u.s. cannot force us to sit on the sidelines while others of the rules for trade. to create jobs, growth, and prosperity that we need, we must set the agenda. , weet the foreign markets urgently need

equities in asia should do well. a lot of money went into japan and europe for the last two years because of monetary weakness. yen does not depreciate , then the case for japanese equities is to weaken a bit. time before investors move from macro to micro in japan. on the macro side, asia is more interesting. earnings have been lacking. dollar and the bouncing commodity prices should help. and the bouncing commodity prices should help. rishaad: you are expecting commodity prices to rise? >> clearly you see that we have reached the bottom as far as oil prices are concerned. maintained or is up, the prices move perceived stress supposed to come into the system will not come in. the economic system, the real economy, the oil price should be playing out by now. termss a liking effect in of more positivity, another engine for growth, like an interest rate cut. >> at the same time you see the n engines to the mai for asia, exports. the gulf, middle east, and africa, are not as much consumers because oil is down. in the sh

asia on its shoulders at the moment. we are looking at gains in the regional benchmark, because what we are seeing on the nikkei 225, a little bit off the high, two and a fraction. that is really enough to take the regional benchmark to the highest level in years. four the about 2930 msciasia index -- for the asia index. 9539. , mid last week, we are up about 1% on the dollar index. the news flow overnight, very much dollar positive. we had to w fed presidents coming out saying april is fine presidentswo fed coming out and saying april is fine. and oil prices. again, it is one of those incidents where west texas is trading at just about the same price as brent. $41.59, look at brent, so a little bit of a premium for u.s. crude. rish? rishaad: three minutes past 6:00 in the evening in los angeles, and the apple showdown -- we have a correspondent in the city of angels. it has been changed now. it is all changed. what is the latest? yes, it is all changed. i was supposed to be in a car for a couple of hours for tomorrow, b

gives you a that 360 degree view of asia's business elite. watch repair shop has blossomed into a multinational company that caters to the elite across the middle east and asia. >> luxury jewelry in rare gems, they have been creating masterpieces for more than 120 years. it started with a boy who went to america to make history. he continues that tradition. it's time now for these highfliers to join us and tell us how the heritage lives on it. haslinda: welcome to "high flyers." in 1890.ed you are the fourth generation. you knew you were going to be in the business. but start with you. you took the trip. you looked at the mines. you explored the diamonds from an early age. being fascinated with stones was in my teenage years has been improved tremendously. the day i started working with opportunityhad the being part of the family and partly because of the financial situation at that time. oil and the availability of funds in the purchasing powers of royal families. me to be able to travel and learn about gems and be able to procure the best o

let's move over towards northeastern asia. talk about a storm system that pulled through japan here on your monday. now pulling off towards the northeast. sunny skies setting in behind it. good news, in one location in okinawa, over 100 millimeters of precipitation from the storm. high pressure just settling in. that's going to make for much fairer conditions. we are going to be seeing some snow possibly in parts of the area, setting up the sea-effect snow effect. this whole high is going to drift to the east. with it, maybe bringing haze for those of you in northeastern china. behind it we have the wrap-around southerly winds. hong kong with a high of 17. take a look at this. taipei, pushing near the 30-degree mark. definitely spring-like weather coming in for you. tokyo, similar conditions. 13. sunny skies here on your tuesday. but take a look at thursday. partly cloudy skies. a high of 20 out there for you. i'll leave you now with your extended outlook. >>> that wraps up this edition of "newsline." i'm catherine kobayashi i

li was speaking at the forum for asia on the southern chinese island of hainan. it's being attended by political and businessss leaders from arod asia. >> translator: if the economy sinks below the growth target for this year, it would pose a major risk. if thihis happens,s, we'll take comprehensive measures to prevent a slowdown. >> li stressed the government t will take monetary fiscal and other available measures to ensure the economy grows within the target range. he also expreressed his willingness to continue to promote structural reforms including reducing steel and coal overproduction. >>> policymakers at the bank of japan introduced negative interest rates in february. they have released a summary of their views at a meeting last week, and itit shows opinions we divided over the effects, even among the board members. one member said the positive side is showing up as evidence by declines in lending rates to firms. another added that lower interest rates on housing loans will lighten the burden on borrowers and will boost private consumption. but other me

in asia overnight, modest reactions as well. green in shanghai. the shanghai comp closing up about 0.4%. modest losses in japan and in hong kong. less than 0.3%. >> that, of course, asia's first reaction to those terror attacks yesterday. oil prices off a little this morning, but in general maintaining their resilience of the last few weeks. we're at 41.15 for wti. the ten-year note, interestingly, seeing a little bit of selling overnight. you might have expected buying in a safe haven type trade in the face of geopolitical concerns. the yield ticking up to 1.94. also, some debate on fed speak. some people being slightly anti-yellen in terms of her

. >>> a summer eclipse over asia-- solar eclipse over asia and australia is helping nasa. >>> an adorable edition at the denver zoo, how her parents are adjusting to her arrival and >>> parts of asia and australia are getting a glimpse of a solar nasa is using the opportunity to study space weather created by the sun which can impact us here on earth. they spoke to 9 news reporter maya rodriguez about their work and a major solar eclipse we will be able to see in colorado next year. >> pretty cool. >> it is a slesial event capturing imaginations for a millennium. >> such an amazing experience to feel things become cool, animals become quiet, to have pitch black coming with the stars. it is just an amazing event. >> the event is a solar eclipse, when the moon moves past the sun blocking its rays, it happens every year somewhere on earth, but not always populated areas making it a rare event for human eyes. nasa is using the 2016 eclipse in asia to make important observations about the sun's outer atmosphere, called the corona. explosions happening many times the size of the earth. they sen

i want to do something in asia. this department was set up two years ago, because singapore government wanted to invest in nutrition amongst the asian population, and i thought, wow. this is a great study, and a great place to come. so i just packed my bags and came to singapore. >> it's not just medical researchers who work around biopolis. this a software development team. it's members are of different nationalities, and have been working on various software projects since 2005. head of the team, sue yi is a science expert, making heart disease early detection possible. it's the biggest cause of death in asia. >> what you see here is cut works, software solution for cardiac health. we take mri data, process it automatically and it gives meaningful information to the doctors. >> mri data is used to dissect the heart in 16 sections, recreated on screen. this is then digitized. it helps reveal which part of the heart is functioning abnormally. doctors are assisting in the software development. the team has spent seve

wrapping up in east asia, the high pressure is bringing in very warm conditions over japan. we are expecting sunny skies. already saw a high of around 14 degrees in tokyo on tuesday. looking similar for wednesday and near 20 degrees for thursday and friday. hope you have a good day wherever you are, here's your extended outlook. >>> and that was the news and weather from our studios here in tokyo. send your comments and thoughts to us. logon to the nhk world website and click contact us.55ñññ1 molly: you are watching "france 24." beginsdlines -- russia to pull out forces from syria. it is time with a fresh round of syrian peace talks in geneva. burma elects a new president. of syu kiis

our approach to the asia-pacific is everybody gets to rise. that is the system that we first japant had rise and then south korea rise and taiwan and southeast asia. and today, china and india. all of that is fine, but that cannot happen if there is not stability and peace. we have a role in that in the fray and open system. the chinese don't always stands for that, and we need to check any influence that could put the whole history of the asian pacific off the rolls. let me go to one of my colleagues. he is a question. , he hasague doug palmer a great twitter handle. he reminds us that you famously said that the approval of the tpp is important to me as another aircraft carrier. when you look at the opposition to that agreement, on the campaign trail, what are the geostrategic risks of not approving that trey deal? riskcarter: the principal is that we will lose control of the terms of the trade. and the conditions of trade in the region that will be most important to our economy in the future. system ofhat to a core version and bilateral deal

gives you a that 360 degree view of asia's business elite. watch repair shop has blossomed into a multinational company that caters to the elite across the middle east and asia.

, it is really not level in asia. while our market -- the u.s. market is generally open, our experts face high tariffs and often a thicket of nontariff barriers in other markets. nobody wants to go into a basketball game during march madness down by a dozen points in the starting tip off. but that is what our farmers, businesses and service providers face every day. these barriers are particularly burdensome for small and medium-sized members. about 300,000 of which actually exported. the good news is america's agreements do a great job leveling the playing field and the results include significantly higher export for new and better jobs. the chamber analyzed these benefits and a report entitled the open door for trade. i'll be passing out copies at the end. some of the highlights from our study said that for america's 20 trade agreement partners right now, this only makes up 6% of the worlds population. but does 20 trade agreement partners by nearly half of iraq's borders. by carrying down foreign barriers to u.s. ex

we are seeing the situation especially in asia. in the year 2013 or 2014, each time something went wrong you are turning to mexico or brazil selling at first another market is turning around and saying, where is the weak spot? it is actually in asia. that has a low return of investment. the need to take balance sheets down in the region. guy: brazil for a while was a high beater change on china. >> that's right. that means there is going to be a second round effect fact going into brazil and the day after. what was before was that brazil was the first to stop where people were selling and now that is the first stop where people selling in asia. that still means that dollar or 450.ill go to 440 lower economic activity with less emphasis on the supply side of the economy keeping the secular bear market and commodities in check. really the first what you have to sell. say,nk the market will because this is not the first stop in futures. this is where you want them to lay the risk rally. anna: guy johnson back at 7:30 on "on the move."

so we need to, our, our approach to the asia-pacific is everybody gets to rise. and that is the system that we promoted that had first japan rise and then south korea rise and taiwan and southeast asia. and today china and india. all that's fine but that can't happen if there isn't stability and peace and we have a role in that in a free and open system. and the chinese don't always stand for that that we need to check any influence that put well issue of asia-pacific off rails. >> i come to my talented "politico" colleagues austin, and he will have a question to him. while i get a microphone to him, doug palmer, washington's best trade reporter, he has a great twitter handle. @trade reporter. doug reminds us approval of the tpp is important to me as another aircraft carrier. when you look at opposition to that agreement on the campaign trail, what are the geostrategic risks of not approveing that trade deal? >> well the principle risk is that we will lose control of the terms of trade and conditions of trade in the region that will be most important to our econo

much more difficult to do it, asia wise. william: you are not going to get the synergies and the benefits, and also the balance, i suspect, as well. rishaad: someone was telling me last week, the hong kong exchange at with earnings, and singapore, -- they have not done very much with the london exchange, so would be lme be interested in the baltic exchange? would that make any sense? william: that was sort of it off market deal, as it were, and that is a dynamic to getting into a public spat. the drive into commodities, which is, of course, for the lme. will, thank you very much. hotels, hospitality, not one of them? we will hear, next. ♪ : going to miami, hillary clinton are projected to win in arkansas, and a spate of states going towards hillary and donald trump, as well. donald trump also projected to win virginia, and this is the ice palace studios in miami. stronginton: america is when we are all strong, and we know we have got work to do, but that work, that work is not to make america great again. america never sto

elephants on the edge of extinction--two stories from asia, coming up on "earth focus." beneath thehe canopy of indonesia's rainforest, life comes together to produce an amazing symphony of wild sounds. [whistling] [low growl] [roaring] [chirping] [bellowing] but now, , the rainfoforest's mt booming voice is increasingly hard to find. [deep trumpet] the sumatran elephant teeters on the edge of extinction, and there's no one else to blame but ourselves. [loud buzzing] it's here in grocery storores where thehe fate of i indonesian elelephants begins. you may have never heard of it, but palm oil, a common vegetable oil, has bebeen a growing presee on supermarket shehelves s since 1990s. it's high yield, versatilility, and p price maket an exceptional competitor against alternative vegetable oils. today, palm oil and its deririvatives arare present t i% of all packaged food. products like bread, cookies, chocolate, chips, and even shower soap. the consumer benefits, but the sumatran elephants pay a prpric. their habitat is cleared by legal andnd illegal loggers to make room

rishaad: you are back with "asia edge." u.s. attorney general loretta lynch has challenged apple's refusal to unlock a dead terrorist's iphone. earlier, lawmakers in washington heard arguments from both sides. the phone encryption issue has pitted the tech industry against the government. >> there are no demons in this debate. the companies are not evil. the government is not evil. you have a lot of people who see the world through different lenses, who care about the same things. the companies care about the public safety. we devote our lives to stop people from stealing our innovation, our secrets, and hacking into our devices. we care about the same things. >> if what happens here is that apple is forced to write a new operating system, to degrade the safety and security of phones belonging to tens or hundreds of millions of innocent people, it will weaken our safety and security, but it will not affect the terrorists in the least. lynch's in loretta interview with emily chang, the u.s. attorney general discussed whether appl

a check on markets trading in the asia-pacific. it is early in the trading day, kospi is climbing higher. closed for vernal equinox day. hacked,p, hunted and the latest on the investigation into the bangladesh bank heist when "first up" returns. ♪ >> 8:30 a.m. in singapore, half an hour from trading opening there. you are watching "first up". chinese policymakers have raised concerns about the nation's debt levels. lending as a share of gdp is too high. china's total debt is 250% of gdp, corporate debt is 160% of output. one option suggested was to funnel more savings into capital markets. sharp at takeover of risk of collapsing as a delay in finalizing the deal drags on according to reports. foxconn seeking to pay 20% less for stocks than the $4.4 billion initially agreed to over liabilities and future earnings. since been 25 days sharp's board voted in favor of the bailout proposal from foxconn. man who turnede the company into a mining superpower. died with his wife, son, and dr., and three other people when their turboprop ca

what you talking about in southeast asia? >> our priority is clear, singapore domestic, then all the surrounding countries. we do like japan a lot as well. japan has been a good market for us. market.the austrian tell me about japan. a lot of people have been criticizing abenomics. >> it is hard to get it going. they have tried for many years. nobody thought they would introduce negative rates. they did. they tried to put inflation back into their target range. a lot of the wealthy japanese want to diversify and use their currency, because they expect the currency to weaken. rishaad: globally, this bifurcated world where we saw some countries tightening, but negative interest rates. how does that impact what you do? >> quite dramatically. today, the markets are influenced by central bank intervention. even the u.s. is slowing down on its path to increase rates. the europeans with their programs. you see it in japan. that adds a lot of volatility into the market. sometimes it overshadows the fundamentals. time has never been g

much better performance than that in asia overnight. let's get to singapore, where sri has the details. >> good morning. good to see you. really down to the external factors. the markets over here, big risk-on move, by the way. the markets in our region, they liked the wall street close your side overnight. they liked the ism data. they liked that oil is firmer and behaving itself. all to the good. these moves, especially in north asia, up more than 4%, looks a little overcooked to me when you consider that the underlying stresses in the emerging markets and in asia have not gone away. the external picture still remains quite challenging this pen we got that shot across the bows from moody's with their downgrade of the ratings outlook sovereign debt in china. the market largely shrugged that one off. i think they're still riding on the coat tails of the stimulus efforts from the pboc from beijing and the cut in the rrr. a lot of that liquidity that's been unlocked heading into the property sectors does create some unintended consequence

have a look at that on bloomberg.com/asia. coming up later, help for the hindrance, asking if this intelligence could be the next big thing for traders. that is next. in a goodocks putting show last week. and they repeat that pattern over the next few days? and we had the chief china strategist coming up. ♪ rishaad: it was a field that boomed in last year, but there is a surviving threat for the margin. the state agency that provides funding to brokerages is offering shorter dated loans. juliet has got more on this story from the bloomberg. juliette: that is right. as we have been hearing from this morning, chinese brokerage are rallying on this. if you go to top china go on the bloomberg terminal, we are seeing the margin trading down. this is fueled by the boom. i want to bring up this chart that shows you what we can see. the white line here is the margin trading balance. we have got to see a spike earlier, before the crash over the summer of last year, particularly in the first half of 2015. there was a lot of money goin

a quick market check, asia-pacific, a weekly loss. a bit of a turnaround. some markets coming back from the lows. hang seng turning positive by one third of 1%. the shanghai composite losing a bit of ground. the first weekly loss in a month. thank asario draghi to he lowered interest rates further into sub zero to rein in the eurozone. the europeanat and monetary stimulus program, all 600hat sending the euro index down. that contagion felt in this part of the world. a quick look at singapore, straight times index, also down. that remains the case, but marginally. that is it for "trending business". "asia edge" is next. ♪ >> from our studios in new york city, this is "charlie rose." charlie: the ongoing presidential campaign has brought this country's deepening ideological rift into stark relief. a recent pew poll found that republicans and democrats are more divided today than at any point in the last two decades. this polarizing atmosphere has inevitably impacted congress's ability to work productively. former senate majority leaders tom daschle and tren

haidi: southeast asia markets entering the fray. get aot often we situation when janet yellen speaks in the markets react positively. high,p hitting its 2016 caring through to the asian session, the exception japan. down for a second day, down 6/10 of 1%. some disappointment we did not get more in the way of stimulus from shinzo abe yesterday. we also have that stronger yen at play. havoc when it comes to japanese exporters when it comes to projected earnings. elsewhere, and asian rally. stocks off earlier highs, strong gains out of southeast asia. malaysia up by 4/10 of 1%. let's take a look at some of the movers, some declines in metal prices overnight. 5%,ution mining up by northern star up as well. zealand, the stock was up earlier this morning, halted as of 20 minutes ago pending an announcement that says they are mulling what to do with their stay conversion australia, considering a partial or complete sale. is a story still developing. we will watch that if and when it resumes trading. these are the biggest louvers and terms

we've got australians, japanese, koreans, collectors from south-east asia. it will be a great show >> reporter: one they hope will bring a fresh perspective on asian contemporary art >>> afghanistan's cricketers are all but out of this year's twenty20 tournament. they have been playing internationally for the past 15 years but has risen steadily in the ranks. >> reporter: practice makes perfect and the afghan cricket team has been working hard to make it this far in the world team. their success is attaching attention. >> translation: everyone is appreciating our team. the players are giving their best efforts. they have done a lot of hard work to get here. >> reporter: several kilometers away in this little slice of afghanistan in new delhi, afghan ex pats are keeping an eye on their home team's performance. there are many people here and what brings them together is the performance of their cricket team which began playing international matches in 2001. there is excitement around the tv screens here where the focus is fixed on the game as well as the food.

is next.e" ♪ rishaad: if it's asia edge. ♪ asia edge. stories, and is having its best week, and are reasons this rally has legs. the imminent foxconn takeover, and china announces targets for 2016 growth expected to be the biggest in the quarter of a century co. >> coming up at this hour, positive on negative, the first central bank says below zero rate are working -- rates are working. certainty -- of they have been warned of certainty if it goes any lower. worries about whether the national finances can take the life in thenew diamond business. we are the hong kong international jewish show at this mondays edition of asia edge. stocks in asia are swinging between gains and losses. investors have a few things to rally around, a better u.s. employment scene, and every thing that is happening china as leaders gather for the end. chinese stocks are rising. this is the longest winning streak in five months.

have a look at it at bloomberg.com/asia. later, a way to pay for the potential merger with the operator of the london stock exchange. we will crunch the numbers for you. sluggish earnings growth this year and next, i chief asia strategist is with us next. strategist issia with us next. ♪ >> welcome back it is 10:12 a.m. in hong kong. these are the stories making headlines around the world. fire korea reported to of two missiles into the sea in japan hours after releasing photos of what pyongyang says is a nuclear weapon. this is the first time the north has displayed what could be a nuclear design. western analysts say it is probably a mockup and not a functioning device. they have claimed to have developed nuclear devices small enough to be fitted on missiles. myanmar takes another step towards open democracy, naming potential nominees for president. the upper and lower houses of parliament and the military block will each name one candidate, with lawmakers voting later this month. is unlikely tont be aung san suu kyi, co

let's have a look at asia, where we've seen shanghai close up by 1.8%. focusing more on that rrr cut yesterday than on some data out overnight, which was a little disappointing. >> the policy easing they announced after the market closed. though, it didn't help our markets yesterday. let's show you the broader market picture. we have seen a divergence. oil marching higher with stocks going lower yesterday. oil is higher again today. perhaps stocks actually following suit this morning. wti crude above $34 a barrel. that happened in the last hour or so. 34.22. brent, the international benchmark, has also ticked higher by 1%. almost to $37 a barrel. significant moves up in the price of oil. let's show you some of the safe haven trades, which were in demand yesterday, and are now reversing. a better sign for better sentiment today. ten-year, 1.75. in terms of the dollar, really making a move higher against the euro over the last 24 hours. the euro is at a one-month low. we're in the 1.08 region. we were like 1.10 last week. so 1.0866. a strong dollar. it's a

his second term team he lost his top asia people and didn't seem interested in replenishing the asia piece. you can't do it yourself. you get the sense he thinks if i have the answer, i don't need these people. when i see asia pivot, i think hillary, tim geithner, those kind of people, then i think obama. while obama has had success, i was at that apec summit in manila and i was sitting next to obama when he did the oprah winfrey thing h he did well in south asia. but for some time, america's asian allies look to the u.s. and say we don't feel you're exphitd to us. how do you have a president who views this as america's future, so gets it and yet the allies don't feel it and it's because he doesn't put hemself in their position. >> rose: they also talk about the difference between rhetoric and deed. >> that's right. >> rose: and -- and he talks and writes a good game, but i think in terms of whether he can really get it done in asia, that's a little more challenging for him. >> rose: thanks for coming. glad to have you here. >> you, too. >> rose: back in a moment. stay with us. >> ro

>> asia. >> oh, it is, okay. now, why do you have a puppet? were you a little frightened when you were about to get that transplant at four years old? >> yes. >> bobby rydel, were you a little bit frightened when were you getting your transplant? >> no, i was just very, very happy, extremely lucky and very, very happen. >> i don't you think if you had a puppet it might have helped, a little bit? >> the idea, rashita, of course -- >> my focus at home. >> i forget to take it with me. >> the idea to ease the fears of children undergoing similar surgy? >> absolutely, with the puppet show, of course we want to raise awareness, we want to get the information out to schools, the organizations, but we also want to have liver friends for our liver kids while they are going those scary experiences so that they know that they're not alone. >> right. and i love the outfit. >> thank you. >> you and asia. >> yes. >> that's amazing. >> now, how are you feeling these days? >> feeling good with your new liver? isn't it amazing, bobby, she got a quarter of live

similar story coming out of asia. >> yeah, that's right. and the pmis were pretty down be be be beat. the issue here is very china specific. the february numbers are always distorted. typically distorted by the seasonality. there's a fair degree of noise because of the effects of the chinese lunar new year. that's probably an explanation as to why the market largely shrugged it off. the offsetting factor is remember yesterday we saw support from the pboc. that seems to have unleashed the animal spirit in the stock market for now, at least. the sense is it's fairly short term and will have a fairly marginal impact. the property market liked it. that's the risk here. we have these unintended consequences of risk asset bubbles fueled by easier liquidity conditions. that's the unintended consequence and the risk. all in all, a stronger day. a rebound in mainland china. that helped the rest of asia. indian stocks like what they saw in the budget. the market outperforming today, up by 3%. that's where we stand. back to you. >> sri, good to see yo

"asia edge" is next. shinzo obviously does lands is to be late japan's economy. ♪ rishaad: this is hong kong, the middle of the asian trading day. this is "asia edge." a look at our top stories, the yen pushed down. the prime minister of japan is planning new measures to rejuvenate the slumbering economy. partners in change, how the economic future of china and australia are intertwined as they both tradition away from traditional industry. the myanmar stock exchange is open for business and it's only company jumped 19% on debut. so far, foreign investors are locked out. >> we have a number of markets closed, of course. new zealand, australia enjoying another day off. we have seen a mixed picture. we had industrial numbers out of china suggesting that might be starting to turn around. we had u.s. gdp being revised upward.