paul allen is in sydney. good morning, paula. paul: good morning. futures indicating we are australia,er here in and probably on the nikkei as well. in hong kong, we will be watching china agriculture bank. this is the last of the five -- big five banks to report this week. the headline number looks pretty good, but once again, that is just .6% profit growth for chinese agriculture bank, the weekend -- the weakest in a decade. if that sounds familiar, it is the same we heard from all the other chinese banks to report this week. also out of china -- manufacturing and nonmanufacturing pmi for the month of march -- we expect to see a number of 49.3. improvements on the previous rate of 49. number, a number below 50 indicates construction -- contraction. well things are continuing to deteriorate, at least things are slowing down slower, if that makes sense. alix: yeah, it does. paul, there is important data out of japan today. paul: yeah, similar story here. we are excited to see manufacturing we can -- a read of 12 in the fourth quarter, expected to sh

i am paul allen. >> what did you miss? dot debate. mike and tom spoke to james about his distaste for it. wondered about the efficacy of the plot. for guidance through that and i wonder if that is counterproductive, at this point. we put were at zero and out this forecast, this was considered forward guidance and helpful. you are off that and projecting that over the next increase, you the are giving forward guidance and i am not sure that i am come double giving that in this environment. if you look at the greenspan federal reserve, they never give any reference. focus and let's market expectations move around. we now have a plot with lines and i am not sure. >> they should get rid of it? >> i find myself unilaterally pulling. you have a lot there. i think this is an important issue. and we have a communications committee that talked about it a lot. this is a promise about what is going to happen and he says, "absolutely not." it depends on how the economy develops and it could be interpreted as forward guidance, which is why i'm get

we are joined by paul allen with a look at the markets. paul: good morning, a good is strongly for wall street again. we are extending -- expecting full on the nikkei. .5%, while the new zealand index of more than .5%, heading into friday afternoon. afternoon, ishis the national people's congress in china which starts on saturday. we will get look at the 35 year plan. the markets will be closely watching for anything close to foreign-exchange reform. the internationalization of the yuan as china tried to deal with these capital outflows. that's what markets are hoping for. what they get however, could be different. there is a history here, and no one is expecting a sudden outbreak of transparency or clarity with regard to the five-year plan. in the next hour, we will get retail tales in australia for the month of january. a strong print there. growth of .4%. that dovetails with the gdp figures we saw this week. i am paul allen in sydney, for bloomberg. ♪ emily: welcome back. turning back to the debate on encryption. the san bernardino ca

i am joined by paul allen with a look at the markets. good morning. a good lead wall street means a good day across the asia pacific . currently trading up .14%. we are also expecting gains from the nikkei. when it comes to the afx, it is not the market we are watching. the chief executive officer is -- a bribe was paid to the cambodian prime minister receiving an online betting license there. a possible early election. and not back from the senate. will bef parliament dissolved on july 2. that's what we're watching here in the asia-pacific. i'm paul allen for bloomberg television. ♪ emily: let's get back to our top story. a smaller,ling cheaper iphone. alongside other announcements at the cupertino headquarters. investors are taking time to digest the news. we look at how apple's stock is the doing -- is doing. >> we did not see any pop in share prices. investors were pretty un-wow'd by it. shares closed flat, down .01%. pretty much no movement whatsoever. earlier in the day, it had been in positive territory. if you look at the intraday chart, whe

i'm paul allen for bloomberg tv. onx: the german elections sunday work as terrible for angela merkel as everyone thinks. that is according to our next guest. the rhetoric out of the election in thege win for asd referendum on michael's refugee policy. what is wrong about that take away? asd had a goods night, where they won almost a quarter of the vote in saxony. if we were to frame these elections as a de facto referendum on the refugee policies, which some people have hat 59% ofing, given t germans aren't happy with fiscal policies, the vote share for asd in that sense is not as impressive as it appears at first glance. wonntially, the party that in each of those three states were parties that support her refugee policy. thisif the lesson isn't wasn't just a referendum on her refugee policy, what other takeaways from asd's strong showing? what does it say about the state of german politics? >> german politics for a long mune tove been impun the same problems of the surrounding countries. you know marine le pen, the

of the paul allen is in sydney. good morning, pal. paul: a bit of a mixed bag this morning. kongalia and hong returning from the four-day easter break. chinese banks will be in focus all week with all of the reporting earnings. china's bank of communications will be first. it is not expected to be great news. profit games probably came to an end in 2015 and 2016 will not be much better with bad loans closing up relative to dividends. alix: a lot out of japan, including the unemployment rate. what can we expect? paul: we are expecting that to hold at 3.2%. a falling unemployment rate will be welcoming for not only the obvious reasons, but it means higher wages and higher inflation. higher inflation is the holy grail of the bank of japan with his 2% inflation cycle quite some distance away. there is little evidence of that happening. the annual wage negotiation that concluded this month does not have a lot of evidence that wage growth is increasing. we are expecting retail trade out of february for japan and household spending is another data point for japanese inflation. i am

i'm paul allen for bloomberg trs -- tv. ♪ >> streaming music business, teaser, the most popular music stream hg service in france, that's the beginning of their market ambitions. company hoped to fuel international growth. those plans were scotched. we sat down with their c.e.o. and asked about the current prospects for public offering. >> we decided athe time that the market wasn't there. wasn't right. some conditions were complicated. and we always have other options. we just finalized our funding privately. we raised $100 million euros. and we keep all the options open at this stage, no rush. reporter: when you talk about the options not being there, is it because it's difficult to get funding on the markets, because markets are volatile, or you saw something uglier? guest: i think there were two issues at that time, a, the markets started to get very volatile, obviously. tech companies like us always need good market support in the first place. second thing, there was just a few months after the apple launch, the impact coming there, and some concerns about other groups which didn

for more, let's get to paul allen in sydney. a bold move from the prime minister. talk us through his plan. reallyalcolm turnbull, appearing to clear the decks. he has brought the budget forward a week early to may 3 and is recalling the senate on april 18. they are going to be debating to bills, one having to do with the transparency of unions, and the other to do with the construction industry watchdog. should either of them fail, and it is likely both would, under australia's constitution, that would give the prime minister the ability to ask for both houses to be dissolved and would mean an early election. in a press conference, the prime minister said there -- that the time for playing games is over. lows and obstruction by labor and the greens on this legislation must end. the senate will have an additional three sitting weeks to deal with the abcc and to deal with organization registration, plenty of time to pass these important laws. if the senate fails to pass these laws, i will advise the governor general to dissolve both houses of parliament and issue wr

paul allen is in sydney. good morning. paul: good morning. we are expecting gains on the nikkei and a sx following the good lead from wall street with new zealand to open in just under 30 minutes time. once hong kong gets underway, we will be closely watching chinese banking stocks -- bank of china, icbc, and china construction bank all reporting weaker than expected construction growth. icbc reporting 42 billion and profit for that is their weakest growth in a decade. china construction bank income of just .1% and bank of china profit of just .7%. the percentage of profit paid out by all three dividends is going to be falling. the bank of china president called this the new normal. he says that the era of double-digit profit growth has ended as the chinese economy slows. there could be some more pain for shareholders on the way, long-suffering as they are. this deal is the end of a four-year road. pay $4.5 billion and this deal fell over and it was almost about to be signed and then it leaves the list of potential liabilities. an hour after

. >> reporter: the winning city gets $40 million from the government, plus $10 million from paul allen to invest in a car infrastructure. austin, one of the finalists, would use the money to continue initiatives already under way to solve what the mayor call as seve severe mobility challenge. >> we are the only city outside of california that has autonomous vehicles being run and streets being tested. this is the way of the future. this is a city that owns its own electric utility. we have opportunities that exist there that are unique to austin, texas. >> reporter: and here in austin at south by southwest, there is particular focus on how local governments and companies can work together. >> in technology and transportation, there's no way the public sector can solve all of the transportation problems on its own. we are chronically underinvesting, for one thing, and i think our imaginations have been stunted by the lack of resources. on the other hand, you have the technology and innovation world coming up with solutions that could practically be solved. >> reporter: denver already ha

let's go to paul allen, live in sydney. a lot of publicity given to australia's expensive housing market. the issue is over corporate loans. paul: that is right. they expect provisions to rise to $5.3 billion by 28 teen. that would be the highest -- 2018. that would be the highest level in nine years. bad debt charges have been climbing. profit growth is expected to decline. against this backdrop, the cost of insuring all of this debt is steadily rising. despite all of these predictions, shares of all australia's big four banks are rising in early trade. australia's financial learning ise are expanding its probe into the other big banks as well. paul: that is right. we brought you to the -- we've brought you the story on friday that the regulator was taking aims. this is over the bank swap bill rate. it accuses of attempting to manipulate over 44 separate days between 2010 and 2012. it is widening its probe to the other banks as well. is investigating whether to bring a class action against anz. they deny any wrongdoing. yv

my colleague paul allen has a look at the markets. paul: good morning. we're expecting declines on the nikkei and asx in australia when we opened. a little under 30 this time. new zealand currently the only market only -- open at the moment. profit growth, .6%, is the weakest in a decade. evidence also down 8%. if that sounds familiar, it's because we heard the exact same story from the other four major chinese banks this week. also looking out for chinese manufacturing and non-manufacturing pmi, that is expected to show an improvement from the previous month. a number below 50 still signifies contraction. waiting on data out of japan as well, the monthly survey expecting to see weakening in the fourth quarter and manufacturing from 12 down to 5. also weakness expected in non-manufacturing as well. that is thanks to yen appreciation weighing on corporate profits. allen for bloomberg tv in sydney, australia. ♪ cory: to the battle of the fitness dance, fitbit remains in the lead. new, better funded rivals such as apple and under armour say it is still do

i am joined by paul allen with a look at the markets. paul: good morning. a very weekly from wall street. we are not expecting great things across the asia-pacific. in australia, the tsx is off one half of a percent pure declines are expected on the nikkei as well. convenesaying he cannot the board today. we will look for news from them tomorrow. malaysia will hold its cash rate decision later this evening. no change expected. the central bank governor -- it is her last decision and there is no news on who her replacement will be. in australia, energy and mining taking a beating. rio tinto off almost 4% following heavy declines in london overnight. nickel and copper both getting hammered. iron over seems to have stabilized. this week's price movements were all part of normal shortselling hasvior even of the asx looked into the spike on monday. ♪ no secret that women are underrepresented in silicon valley. in a spirit of international women's day, we are looking at the state of women in technology. i have spoken to leaders in the industry about this issue

i'm joined by bloomberg's paul allen. good morning. paul: good morning. it in expecting gains on the take 25 today but declines on the asx. new zealand has also reopened after the easter break, up marginally about 0.08%. all the big banks will report. the bank of communications first off the block. we are expecting a decade of gains to come to an end last year. data out of japan today with unemployment. the bank of japan would definitely like to see an improvement there. lower unemployment rate means probable wage growth and probable inflation growth. that has been the holy grail for the bank of japan. hollywood's -- household spending data out of japan as well. cory: this is "bloomberg west." i am cory johnson in for emily chang. i will be here all week. the u.s. government is dropping its case against apple. conference on wednesday, a big gathering and san francisco. last year, microsoft announced major plans for android and ios apps. this year they are attracting developers to windows 10. when you look at this conference, it is interesting because micr

paul allen joins us. strong lead expected to play into gains in the asia-pacific. we are expecting modest gains in australia. 30 minutes now, already looking good, up .5%. the market will be watching china this weekend. it is the national people's congress and the release of the five-year plan. we will be watching for anything to do with the yuan nationalization and capital outflow from china. that's what we are hoping for. what we can realistically expect might be different. terribly concrete or different is expected out of this five-year plan. scarlet: australian gdp was better than expected, retail sales are also due out. paul: we're expecting a gain of .4%. this has usually been a week print. those gdp figures much stronger than expected, driven by household consumption, so we would expect to see a strong read out of retail sales, and that would play into another boost for the australian dollar. it has been performing strongly this week, up four days. the reserve bank will be hoping the u.s. raises interest rates sometime soon. alix: "what'd you miss?" will hav

i am joined by paul allen with a look at the market. a strong start in the u.s. means a strong start here in the asia-pacific as well. futures are expected to be performing very well also. looking closely at a bhp shares this morning, the largest minor currently up more than 5%. with theeached a deal brazilian government over their joint ventures. this relates to an incident in november. homes were destroyed. some of go has reached an agreement with the brazilian government. three years at $5.1 billion over the next 15 years. we are looking at china services pmi, and show swelling. we are expecting a trade balance to generate which shows that the deficit narrows to $3.2 billion. we're expecting a good boost for tourism and construction figures as well. emily: turning our attention back to apple, the company's battle with the fbi is intensifying after the general counsel and fbi director -- master key create a to unlock its proprietary software. renowned lawyer ted olson is leading their defense. we asked him about congress's role in this ongoing battle. >> i thin

bloombergs paul allen joins us with a look at the markets. good morning. paul: good morning. we are expecting a pretty good day across the asia-pacific thanks to the remarks by janet yellen on rates. there will be a busy day in hong kong as well. a couple of ipos to watch, two banks both having their debut on the market today. we took a look at the bank of communications as well. they had a pretty good day yesterday. we had been expecting to see profit growth slowing there. also in focus will be sinopec, china's oil and gas producer. income is down 30% to $5 billion. that was better than analysts expected. they have been helped out by a refining business that benefited from a weak oil price and --ersing a $200 billion loss 200 million dollar loss from a year earlier. that is some of what we are watching across the asia-pacific today. cory: this is bloomberg west. i am cory johnson in for emily chang. a new proposal from the government aims to force internet service providers to -- twoccess tomains domains not approved by the government. , twitter, and youtube are all blocked

here's paul allen. it looks as if air new zealand wants out of version australia, holding over 25% stake. it says it may sell all or part of that. asked credit suisse on how to proceed. the ceo has resigned from the version board. it was only two weeks ago that virginal stray you got an unsecured loan of 425 million australian dollars from all its major shareholders, including air new zealand. it will be interesting to see how that plays out. the market responding warmly to the news, air new zealand shares up 3%, virginal australia remaining in a trading halt. we will learn more on april 1. rishaad: thank you for that. ministerese prime can't seem to get a break, on top of disappointing news from the economy, the one part that abenomics ised by about to turn sour. topix has not had a great year. indicator hascal now surged past the 120 level that some traders say indicates that shares or poised to fall. to 130ay, it edged close , currently 124, still above the overbought level. it does not bode well for

we talked to paul allen. this is a long-running saga. is it finally coming to an end? paul: it's been dragging on for seven months now. you,tics company, asterisk and brookfield asset management making increasing bids for relevant port operator. much to the delight of the shareholders. however, back in february, brookfield and cuba agreed to make a joint bid for as now know, and here it is. unveiled today, worth $6.8 billion. values at $9.28 per share. 4% premium over monday's close. sciano forrun a business as joint venture. waiting for deal to be completed. it should wrap up in june. bringing an end to what has been a rather long-running saga. rishaad: thank you. let's have a look at some other stories. ambitions and indie growth and entertainment. sony, they have reached a $750 million deal with michael jackson's estate to buy out his stake in their joint music business. sonny must make a lump sum payment of $733 million for the late pop singer's 50% stake in sony music publishing. as well as future distributions. the two sides up and talks in september when sony ex

let's find out more with paul allen in sydney. the commodities boom is winding down, but i guess we have chinese demand for other austrian products picking up? paul: that's right. it is forcing diversification onto the austrian comedy -- economy. we do have huge rises for demand for beef, milk powder, and vitamins. bloombergues on the print side have been busy putting together a series of charts, and we will look at some of them now. tourism, arrivals from china reached one million into australia for the first time last year, a record. they are not far from closing in on rivals from hong kong as well. large, $5.7 billion in 2014, and if you take a look at another chart for students studying in australia, chinese students enrolled in austrian universities, hitting 93,000 this year, another all-time high. universities like these students because they pay for fees, and themroperty market likes because often they in-depth buying an apartment to live in while they study. all of this helped greatly along by a weaker australian dollar. r

paul allen is in sydney. good morning to you. paul: those gains are weakening the u.s. dollar and strengthening the body prices. -- thereally a australian dollar has pushed ahead but declines on the nikkei -- we will be watching to sheba stocks today which has declined 8% on news the u.s. department of justice and securities and exchange commission will be looking into their accounting practices. a couple of china tech stocks in focus today. up but it income is was amiss do to higher costs for video content. china mobile plus profit also falling. truly a passof us biggest mining companies is about to get a new ceo. paul: the rio tinto ceo is on his way. at ame into the job difficult time with rio tinto taking huge right down on its coal and aluminum businesses. by the headreplaced of the copper division who has recently overseen a large expansion of a copper project in mongolia. analysts say this appointment will signal a change in strategy from cost cutting, potentially toward expansion. that is some of what we are watching on the asia-pacific today. some breaking news

paul allen is in sydney. paul: a good day across the asian pacific, new zealand already trading, and we are expecting gains from the nikkei asx as well. is more to do with the ceo, who suddenly resigned yesterday after four and a half years in charge. this is to do with a probe by the federal pulleys over abettin betting agency in samedia, round about the time they were looking for an online betting license. that looks a lot like a bribe, so police were investigating, although he says the opportunity never went ahead. however the ceo of a sex needs to be whiter than white, so he has stepped down. the country looks set for a historic early election with both houses of parliament to be dissolved. what is going on? paul: they are currently occupied by rather niche interests, so voting reforms passed last week, in the prime minister is challenging them to reject bills they have already rejected. if that happened, it will be held on july 2. alix: "what'd you miss? " mervyn king talked on bloomberg television. he t

paul allen is in sydney. where expecting that positive lead from wall street to spill over here in the --a-pacific the new zealand the asia-pacific. the new zealand stock market is up. we're expecting the same on the nikkei and a sx. theassx. a tailings dam burst open and killed 17 people, so a deal has been reached, one $.1 billion in compensation paid over the first three years, expanding to more than $5 billion over 15 years, but does not include all the civil suits that bhp and its subsidiaries are likely to face. back,t: taking a step where expecting more economic indicators out of australia and china. tell us what they are. chinaservices pmi out of expected to show slowing but positive growth as china transitions away from manufacturing towards services and consumption. datastralia, trade expected to show a narrowing trade deficit for january come a $3.2 billion, following on from a gdp print yesterday, household construction, tourism, and education expecting to boost that number in australia. that's wh

paul allen is in sydney. good morning. >> good morning. come will be no surprise expecting declines today on the x, the nikkei, and looking closely to new zealand. will behe big stories the closing of the national people's congress in china, ending with a press conference , lookingpremier closely for any comment around the state of the economy, policy objectives for the year ahead. when the national people's congress open, there were strong comments about growth and we immediately saw the price of iron ore spike the next morning, so we'll be watching for anything similar this time around. scarlet: iron ore has retraced pretty much all those gains, and that's added to pressure on the aussie dollar. >> that's right. while the iron ore price declines won't be welcome, the dollar certainly is. central bank is signaling a willingness to continue easing, and were looking closely at the u.s. federal reserve, expecting confirmation that the willingness to proceed with raising rates will go ahead. that's all i have for you from a very wet and gloom

paul allen, let's look at what is going on here. memorandum will understand -- allow them to buy see fit, and they proposes a number of joint ventures with the two companies to blend iron ore products to send to china. that lending would be enormously beneficial, both in terms of getting rid of the loader -- lower grade oils, and improving margins. it still has to be approved by the boards of both companies. they are obviously benefiting from the huge spike we saw in iron ore prices overnight, up 19%. scue went up 24% on monday. whilepike in prices, welcome, is not entirely necessary to their survival. here is what the ceo had to say on bloomberg tv a little earlier today. >> i think the iron ore price run, and certainly our increase in prices, on the back of the iron ore price, we have very heavily leveraged to upside and iron ore price. are one of the lowest cost producers in the market. we had no further cash flow. we had very low sustaining capital line leave required -- required. therefore, we generate very large amounts of cas

. ♪ emily: billionaire paul allen is betting big on bioscience. he is set to give away $100 million in funding to explore and advance bioscience. stanford and top universities are receiving the biggest grant amounts. smaller grants will be given to support early-stage research. this is the first step towards his larger 10-year plan to advance the science. in a new series we are launching this week on bloomberg.com, a freshworld," it's look at the explosion of technology around the world. peter jackson's moviemaking empire remains a hotbed of talent in the fx industry. face, it's our primary means of communication. untapped ineen terms of a human computer interface. if a computer can express itself to you in a humanlike way, emotional and cognitive, that's when you start getting to a sort of interesting place. >> going to see an a.i. baby. the fellow you meet next is a madman in the best possible way. >> this lowers the brow. >> he is a computer scientist. >> the nose wrinkle. h his nose up. >> he became famous for building super detailed simulatio

asian markets opening, paul allen is in sydney. good morning. >> good morning. were not expecting great things today. new zealand opened for about 30 minutes, looking flat, expecting asx ands on both the the nikkei as well. expecting a deal between sharp and foxconn, but now that looks like it will be put off until tomorrow because foxconn said they could not convene the board. investors flocking to the yen as a safe haven. malaysia, a cash register from their, the rate staying on hold, but an interesting meeting the cousin it is the last for the central bank governor, and no replacement has been announced. scarlet: also, some big australian miners will be in focus. they got hit hard in london. >> they did. tinto, 9.4%, rio off as well. even though iron ore has ofbilized at the high price $63 per ton, nobody expects that is sustainable. stockgulator asked by the sharpge to look into the spikes and steep decline. that is what we are watching. alix: "what'd you miss?" a recession could destroy a eurozone. from neville hill, raising the stakes for the ecb when it m

. ♪ emily: billionaire paul allen is betting big on bioscience. he is set to give away $100 million in funding to explore and advanced bioscience. universities are receiving the biggest grant amounts. smaller grants will be given to support early-stage research. this is the step toward allen's plan to advance the science. now, to a new series we are launching this week on bloomberg.com, "hello world." it is a fresh look at the explosion of technology across the globe. peter jackson's moviemaking empire, new zealand, remains an incredible hotbed of talent in affects artistry. effects artistry. >> it is our primary means of communication. terms ofen untapped in a computer-human interface. it connects you and a humanlike way which is emotional, cognitive. gettingwhen you start to a sort of interesting place. >> the one you meet next is a madman in the best possible way. a computer scientist at the university of auckland. >> you look at that. famous forame building super detailed simulations of the human body and ended up winning a couple of oscars fo

paul allen is in sydney. hi, paul. paul: hi. acrossmixed picture the area today. it's currently looking flat at the moment. we are watching japan very closely for fourth-quarter gdp data revised. it is expected to show the decline of 1.6% on quarter, according to our intelligence. we're also looking for the china trade ballots of february, expected to show an even bigger decline from 12.2%. has less to do with china's competitiveness and more to do with the weakening global demand, but it will be interesting to compare the numbers we get with some of the rhetoric we have heard over the weekend regarding growth figures. the one move that everyone is fixated on here is the jump in irr prices. what are you hearing on -- in iron ore prices. what are you hearing on that? paul: the biggest jump on record watching one'll be rtescue metals.ke it was up 24% yesterday and we are expecting an announcer before the open this morning. alix: "what'd you miss?" a meeting today in brussels could get turkey as much as 6 billion euros of financial aid. that is in exchange for reduct

paul allen is in sydney. good morning. something of a mixed bag across the asia-pacific after that u.s. fed decision to hold rates. we were expecting gains on the losses expected on the nikkei. in japan come also expecting trade data from february, surplus comeeturn a week or oil prices helping with imports there. exports hobbled somewhat by weakened asian demand. regardless of the result, many analysts expect to see a return to deficit in march, mainly due to the strengthening yen. sticking with that the, also expecting fourth-quarter gdp from new zealand and over one hour. a slight decline expected to 2.1% on your down from 2.3%. >> you're also looking ahead to anna new plummeted out of australia for february. you are also looking ahead to unemployment data out of australia for february. be fairlyld straightforward. we're expecting the unemployment rate for february to stay on hold at 6%, but it has been very volatile. saw 130er, november, we 2000 jobs added in those two months, one every 30 seconds night and day. but th

i'm joined by paul allen for look at the markets. : we are expecting gains across the asia-pacific today with the exception of the afx future. is this a reaction to what happened in belgium? probably not. it was over one year ago that we had an incident in sydney in the heart of the financial district where a lone gunman held 18 people hostage in two people were tragically killed. but the asa barely blinked. if you look at the one market open right now, it is currently flat. fun terra shares doing very well after the dairy giant announced an increase in first-half net u.s.t to 276 million dollars. that is despite an environment of week bulk prices which they expect to strengthen. there will be an interim dividend going up to $.40 for the full year. that's just some of what we are watching across the asia-pacific today. ♪ emily: the tech world is mourning the death of intel cofounder andy grove. he played a central role in the semiconductor industry on which today's internet age was billed. he was a mentor to much of silicon valley's leadership , theding larry ellison late steve jobs an

i'm paul allen, four tv in sydney, australia. alix: "what'd you miss?" a giant in the shale industry. you can't talk about oklahoma natural gas without mentioning tom ward. energy.uns tapstone his relationship with of the late aubrey mcclendon has brought about a great deal of attention in recent weeks. the two meant when they were 23 years old, and work together for 23 years. now, the relationship is in the hot seat. indicted for conspiring with a no other country to lease bids, other company, sandridge, tom ward used to helm. aubrey mcclendon died nearly four weeks ago after the suv he was driving slammed into an overpass, just one day after his indictment. an exclusive interview, i asked tom ward what you admired most about mcclendon. a good friend, very smart, as everybody knows your it most people that have ever been around him were energized by him. the same with me. i did not have the ability to do -- we were both better together than when we were separate. he was an extraordinary example to me, being able to raise capital. i have never met anyone

paul allen is in sydney. >> good morning. a very strong lead from wall street. things looking good in wall street at the moment. .35%, expecting healthy gains in australia as -- aesce the asf's opens sx opens. make a deal with foxconn to inject much-needed capital, but a more urgent problem looming. the month, their credit line and loans expire, so the banks and sharpie to reach an agreement before those loans can be renewed. australia will be releasing gdp figures and a couple of hours. 2.5% year on year growth, gdp growth- meaning is maintaining 2%. the rest of the world would give anything for these sorts of growth figures. astralia 25 years without recession, although there have been drags with recent weaker commodity prices. alix: "what'd you miss?" bernie sanders controversial economic plan claims it will andte 26 million jobs increase gdp by over 5%, but the new york times says those numbers are based on faulty math, and the biggest issue was an overestimation of government spending growth. economist now is the behind the plans analysis, gerald freedman.

paul allen in sydney. we have to take a break. hard afterock it's missing earning projections. we speak to the ceo of but his damage control plans. "trending business" continues right after this. ♪ >> it is 10:43 a.m. in hong kong. these are the stories making headlines around the world. the man who found the first h370 has discovered more, of 40 centimeters square of metal found on the beach. he says it was almost at the exact spot where he found the piece last july. ands similar, but smaller has no barnacles. another piece of debris found on the coast of mozambique has been sent australia for analysis. a woman's body found in an elevator in a chinese city. it is one month after power supply was cut by maintenance crew, officials say the repair team cup electricity on january 30, but did not return to fix the elevator until march 1. the 43-year-old woman lived alone in the building and starved to death. several people have been arrested and accused of involuntary manslaughter. a second man linked to a hong kong publisher critical of china has returned to the city. and asked

paul allen is in sydney. it would be a bold move from the prime minister. tell us about this plan and whether it could come off. paul: some are calling it a bluff, but the prime minister probably is hoping it will come off. he is putting two pieces of legislation before the senate, recalled, and if the senate fails to pass both of them, he has a trigger for a double to solution of election in which both houses are dissolved and reelected in a poll. if we take a look at those two they wantgislation, that to be resurrected, and that would make unions more transparent. both of those have very little hope of getting through. malcolm turnbull hopes that remains the case. at a press conference he said the time for playing games is over. the go slows and attraction by labor and the greens on this legislation must end. the senate will have an additional three sitting weeks abcc andwith the registered organization legislation, plenty of time to pass these laws. if the senate fails to pass these laws, i would advise the governor general to dissolve both houses of par

let's go over there and bring in paul allen. good morning to you. we know that china driven commodities group, that is winding down but it looks as though chinese demand for other australian products, that is picking up. paul: we are seeing it in all demand, cases from beef no powemilk powder demand. we will look at how the chinese demands are impacting the australian economy. tourism arrivals from china hit one million in 2015, a record, and it will not be long before tourism arrivals past those in hong kong. when this chinese tourists arrive in australia, they spend $5.7 billion in 2014. infrastructure is lagging a little bit behind. the construction of a second casino in sydney which will be embraced. boom asn has enjoyed a well. chinese students studying in australia, enjoying a similar spike. for 2016.ollments they pay full fees with the university likes. they do not qualify for student loans programs and they provide property through their parents once they arrive as well. none of these things i have mentioned is obviously a replacement for th

let's go to paul allen in sydney. this china-driven commodities boom is winding down, all about that shift to consumption. what are some other austrian products that the chinese are picking up? my colleagues have been busy compiling a series of charts, beef demand and groping, sale of vitamins. tourism,e a look at there is something of a boom going on courtesy of china. million surpassing one and will soon overtake those arrivals from hong kong. chinese tourists arriving on chinese airlines, china's southern and china southern and chinese team, the main to sources, and they spend $5.7 billion, so big spenders as well. if we take a look at another chart, education, an influx of chinese students studying in australia. gainingsee the line steadily year on year, reaching 93,000 last year. universities love these students because they pay full fees. many also by apartments to live in, backed up by their wealthy parents back home. is aof these industries replacement for the void left by the mining boot, but encouraging to s

from get more for him -- paul allen in sydney. what about the surprise numbers? here,a few factors household construction up, services up 8%, and the australian dollar really helping to boost sectors like tourism and education, and it looks like those scarcely believable unemployment numbers that we have all enjoyed laughing at, maybe they were credible after all, but that take a closer look at this result. the gdp beating the expectations of a number that was revised, up to 1.1%, beginning as the annualized number of 3% annualized growth, and as you would expect, the treasury, scott morrison, was quick to embraced these numbers. mr. morrison: the changing composition of the numbers indicate the transition in growth. it is underway in our economy and increases in both consumer confidence and improving business conditions. paul: also, as you would expect, the australian dollar did not respond very strongly after it dropped, and it does rather vindicate the reserve bank of australia's decision to hold the cash rate yesterday, as we all expected. as anytime a cut, s

paul cassidy, first time on the show, alan? allen says first time, welcome, paul. we appreciate having you. new jersey, a pretty good- looking sky, 52 degrees. further to the west, what's going on, look at this picture. not like west of new york city. sussex county. i'm talking denver colorado. around a foot of snow in some spots out there. we talked about our 3.5 inches in southampton and bridgehampton and some of those spots on monday with a little bit of snow. much bigger snow but of course you are out in the rocky mountains. here is the system right now spinning around, made its way out colorado into kansas and nebraska as well. the arc of snow followed it, right over the great lakes into the area just north of albany. we're not going to see precipitation tomorrow. for friday, so that is going to make its way here but for your day tomorrow, watch how this works, that is how we see it. okay? rain is north of our area, staying north for thursday, maybe late thursday, i mean like a little bit of moisture possible, 11:30 at night, hardly anything. but the front i s

sprawlned by bloomberg allen with a look at the market. allen. paul: we are seeing the australian dollar push back above 76. futures indicate gains on the local market as well. we have new zealand opened for 90 minutes. up 1/10 of 1%. we are expecting declines on the nikkei. the u.s. department of justice and securities exchange commission will look into the accounting practices. also, china mobile announce their profit falling. we have watched that stock as well. locally we will check out shares after the ceo announced he will be stepping down after three years in the top job. he can to the company at a difficult time of multibillion-dollar write-downs and he will be replaced by the head of the call and copper division. he recently oversaw expansion of the huge project in mongolia. that is just a taste of what we're watching here. i'm in sydney australia. emily: virtual reality is dominating the agenda at the game developers conference in san francisco. believe the age of the new medium has finally arrived. the investors laser dan on price tag f

paul. >> beautiful country. allen schauffler, thank you. >>> a conversation with david johansen. al jazeera america. >> thought long ago it whereas illegal just to listen to rock 'n' roll in cuba but the times they are achangein' tonight. the rolling stones are performing an historic free concert in havana. our lucia newman has the story. >> until republican, this was the closest that a legendary rock star has come to cuba. now, the rolling stones are coming and no one wants to miss them. >> translator: when i was her age i dreamed of going to a concert like this but it was never within our reach. >> translator: this is the first time we will see something like this. and maybe the last. we want to travel abroad to see them. >> reporter: the famous british rock band has brought in some 500 tons of equipment and will be playing before an estimated crowd of hundreds of thousands. this will be the grand finale ever the rolling stones latin american tour but only here they are performing for free. >> hola cuba. >> the stones sent a message by youtube, to the cuban people, with mic jag

. >>> coming to you from hollywood, almost live, it's "comics unleashed" with your host byron allen. byron welcomes andre hernandez, chambliss and paul morrissey and now 100% guaranteed botox free byronmfcse ] thank you.

bethea got into an argument thenlele paul going to die, he was arrested and the election board fired him cash bond.. >> jada family whose home was flooded, and report revealing details,a jeffrey and cynthia mather and their two daughters were found dead after their northfield center home exploded in january,r they now say that he set the fire and burned himself to death, she died from overdose and was dead before the fire startedde also learned that the girls were asphyxiated at the hands of one of the parents and were dead before the fire began. >> this is very tragic, you are very closely people either at the schoolrere of the church and i feelt that there were any warning signs that someone would have reached out to help these people and unfortunately that was not the case. hed >> they say there are questions that may not be answered, the >> andndte amass the long faces charges of child endangerment after her teenage daughter was injured while running on the hood of the car they say thatfw the daughter fell off and not give any other details. >> they plan plan to get the rock 'n r

allen has michigan state. paul has michigan state. >> let's go, smarty. >> liz the only one picking villanova. >> that's right. >> but she has the defending champion round. >> so going rogue. >> you never know. >> something that we don't know. >> but you took hawaii over cal too. >> i am taking hawaii over cal too. but we have hawaii ties. >> okay. >> for news throughout the evening latest news and weather, always on cbssf.com. join us for nightbeat at 10:00 on our sister station, kbcw 44/cable 12. and here at 11. e of $548! whoo! i mean, whoo. announcer: it's time to play "family feud"! give it up for steve harvey! [captioning made possible by fremantle media] steve: i appreciate y'all. thank y'all, now. i appreciate you. i appreciate y'all, now. yeah, i do. appreciate it, everybody. well, welcome to "family feud," everybody. i'm your man, steve harvey, and we got a good one for you today. returning for their fifth and final day, with a total 22,125 bucks, from hartwell, georgia, it's the champs. it's the sto

. >> and here here, aaron paul in good day this morning, in the new move which allen rickman, didn't allen just pass away couple of months ago? the last role before he died. we will talk to him about eye in the sky, and of course, we will touch on breaking bad. ladies and gentlemen, cookie lion. >> don't you forget to thank ooh cookie now. >> hear that, lucious? >> lucious? >> sorry, sorry. so what i'm understanding is these are little cookies by the from the series. >> little lines you're using from the series. >> i would call this a definitely cookie, wouldn't you say, mike? >> look, i got my cookie upside down. >> you better get your cookie upright. >> boo-boo kit. >> i i love my boo-boo kitty she is my favorite character. >> what's this in your cup? this is my cookie walk, you can't just walk, you have to have a little bounce with it. >> takes you long time to get anywhere. >> you just can't walk into a room. i like that, like a goblet. >> like the -- >> when you think of gold,. >> is that what they call it? >> cellist. >> you didn't have your name brick dollars out on there. >>

. >> and here here, aaron paul in good day this morning, in the new move which allen rickman, didn't allen just pass away couple of months ago? the last role before he died. we will talk to him about eye in the sky, and of course, we will touch on breaking bad. ladies and gentlemen, cookie lion. >> don't you forget to thank ooh cookie now. >> hear that, lucious? >> lucious? >> sorry, sorry. so what i'm understanding is these are little cookies by the from the series. >> little lines you're using from the series. >> i would call this a definitely cookie, wouldn't you say, mike? >> look, i got my cookie upside down. >> you better get you

earlier my colleague natalie l allen spoke with lisa bloom about what this evidence can be. >> o.j. simpson cannot be retried for this double murder, even if there is dna on this knife, even if he stood up in the middle of times square and said, i did it, even if a witness came forward, he's already been tried, acquitted. it's over. this does not matter in terms of his legal jeopardy. but in the eyes of the country, it could be very significant. >> he's in prison right now on another charge. if something were to come out of this knife investigation, could that, perhaps, keep him in prison longer? >> well, that's a very good question. and the answer is, yes. so, o.j. is up for parole for the burglary and kidnapping charges he's incarcerated for. when he goes up for parole, parole casts a very wide net and people are entitled to come in and tell the parole board why he should be released and reasons why he should remain incarcerated. >> at this point the forensic team has yet to announce any findings. >>> you're watching "cnn newsroom." u.s. astronaut scott kelly came back home to hug