his asia the next region at risk ? we will have those details coming up. ♪ haidi: international donors have million to help people displaced by the fighting in syria. 70 countries made the pledges at a conference in london. havet 4.5 million syrians fled their country during five years of civil war with billions more still in need of aid. as the donors met, syria's army and its russian and american allies continue to attack rebel strongholds in aleppo. it threatens to create a new wave of refugees. hkreli has refused to testify at a hearing into price scouting. one question he repeatedly invoked is his fifth amendment right against up discrimination. provoked anger when his company hike the price of a potentially life-saving drug by 5000%. after the hearing, a tweet described the lawmakers as imbeciles. the first phase of what will be the biggest solar powered network in the world. they use mirrors to focus the sunlight and power turbine generator. the eu and private european banks are among the factors of the 900 an

we see asia as a growth market. we have been in asia for three decades or more and we will be here for many years. >> asia versus the u.s. versus europe -- where does it stand? asiajust recently moved to . >> welcome. >> we have great partnerships with the countries across asia. singapore, in particular, is a very exciting place for us to do business. aboutre is a lot of talk the self fighter jet. what kind of demand are you seeing from asia? >> it is the world's most advanced fighter. every air force in the world wants to have it. >> singapore has been a participant, but has yet to acquire the jets. are we likely to see any orders? >> singapore has been a partner since 2002. that is a choice they will make in terms of their procurement. >> what kind of challenges do you face? >> some of the challenges are the demand for technology transfer and we really like to find the best industry partners in each country to promote collaboration and cooperation so we can not just exports, but provide capability sustained over t

growingnd airbus see clouds in asia. coming up, a big earner -- lebron james, already the king of the court, but now he has claimed another crown. all that and more on this monday edition of. "asia edge" haidi: we've got the good, the is, the bad being that china playing catch-up, but in the worst possible way. we are off our intraday lows. elsewhere around the region, we are seeing a recovery rally. the yen down. gold prices are down. we are seeing more of a risk on appetite when it comes to equities across asia, being led by tokyo to the nikkei 225, up over 5%, this after it shed 11% yesterday. regionally, we are seeing stocks .ome off three-year lows thailand, just coming online, up by 9/10 of 1%. it's a bit of a combination of two things to disappointing gdp .oming out of tokyo also the topics in particular, the automakers. we are seeing strong gains in the energy space. we had that 11% surge on friday, which drove gains across u.s. and european markets. we are also seeing milk producers, the likes of frontera, joini

not the same story for the rest of asia. you talk about southeast asia. some airlines have gone bust. we heard about king fisher. others have delayed deliveries of their planes. inre are those mired financial problems, the likes of thai airlines as well as tiger. andrew joins us this morning. what is the story here? of what iscrepancy happening in china versus what is happening in asia. >> we have to recognize the air travel demand going steadily. i think it has been boosted by affordable airfares. going forward we expect demand to grow 5% to 6% among across the region. within that rosy picture, it is a competitive market. we do see failures. there are winners and losers. with the compared carriers in north america, they honored it by $21 per passenger. >> this is a competitive industry worldwide. we have seen profits take out strongly in the last two or three years. that has been led by the u.s. carriers. european is behind. asian carriers are growing strongly. it is a mixed picture. we have very profitable carriers in north asia, japan, china, from part

asia is a driver for hsbc. he did say, you mentioned asia is up right now. bet means a -- hsbc needs to streetwise about how to proceed. but he says they are committed to the pivot to asia, and he , the growth of gdp in asia in general belief faster in the next 10 years than anywhere else in the world. the results are out on monday. they will update their plan for asia. people see whether they will pivot to asia -- we will see whether they pivot to asia. shery: after speculation, what are they saying about the u.k. possibly quitting europe? issue has weighed bankers mines. the hsbc says it could move 1000 investment bankers to france, and that is really the most followed bit of them permission -- information. shery: thank you for that. mitsubishi is set to order 20 m r.j. jets. mr. beatty -- mitsubishi's order is highly valued. the order is set to be from the u.s. 20 jets, orders for mitsubishi heavy. after more than two years of delays and ballooning costs, bombardier is ready for takeoff. ♪ shery: good morning. this is trending business. ♪ live from to

every country in asia is so different even though in the west, they think, it is all asia. china is so different from ,ndia, singapore, hong kong malaysia, thailand. because i worked in all 14 countries, i understand the differences. i want to localized for companies here. we understand the differences. haslinda: it is very interesting that you have chosen to hire more women than men and you have always chosen to do that. rosaline koo: at my last company , they told me that in order to have more diversity to my needed to hire more men. now, 80% of my leadership team is female. it is amazing how much we get done. there is no ego in the way. haslinda: women are known to be catty. rosaline koo: i hired non-catty women. [laughter] i found really strong, confident women who are passionate about making the world a better place. also, they can multitask. many of them have kids. they know how to multitask and get things done. haslinda: investors are taking notice. you have ahead offers -- you have had offers. they want to buy you out. rosaline koo: we are fortunate because we had t

we are seeing significant liberalize a shannon in asia -- liberalization in asia. we are seeing liberalization coming. that thereurprising .sn't big bang liberalization it took years for europe to work its way towards its current system. haslinda: your term ends in may. what will you do? will you be joining another airlines? >> i don't fancy joining another airlines. i want to do a bit less traveling than what i'm doing now. join one or two other enterprises in an executive capacity. haslinda: tony tyler, we have to leave it there. iata's chief speaking to bloomberg, now back to you. shery: thanks a lot for that. coming up next, contracting again. we will ask why japanese consumers are resisting calls to spend. "trending business" is back in two. ♪ >> stories making headlines around the world -- the united nations says civilian casualties from violence in afghanistan hit a record last year the highest total since records began in 2009. what 11,000 people were killed rise from aa 4% year earlier. security has deteriorated as the taliban and other militants expande

are you serious. >> when asia was born, she was immediately in need of a heart transplant. it. she has never looked back. >> she's doing indoor soccer right now. she has to rotate off the field a little more frequently because she gets to the point, where she struggles to breath. she does her breathing exercises. >> and asia is in the marching band, a straight a student, athlete and now for all to see. a towering symbol of survival. she's every bit a normal teenage girl and inspiration for everyone facing adversity. i asked if she feels like a hero. she subsequently answered --. >> sure. i know perfectly well, that's uncommon and fantastic. that's probably inspiring. . >> some people say that. i guess it's true. >> another sign of normalcy, there's a boy trend. >> we've always been friends. we have a date on saturday. >> asia told me, that her plans for the big evening include her guy coming over. they are going to go downstairs evening. i pointed, that this weekend is valentine's day. perhaps this may be a really big weekend because of that. she told me her mom has told her, it's too

every single country in asia is so different, even though in the west they think it's all asia. china is so different from india, so different from singapore, so different from hong kong, malaysia, indonesia and thailand. because i have worked in all 14 countries i understand the differences. i want to localize for companies here. we do understand the differences. haslinda: it's also interesting you have chosen to hire more women than men. and you have always chosen to do that. rosaline: at my last company they told me that in order to have more diversity i needed to hire more men. [laughter] now 80% of my leadership team is female. it is amazing how much we get done. there is no egos in the way. haslinda: women are known to be catty. rosaline: i hired non-catty women. [laughter] it is true. i found confident, strong women who are passionate about making the world a better place. also they can multitask. many have kids so they know how to multitask and get things done. haslinda: and investors are obviously taking notice. you have that offers. -- you have had offers. they want to

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

asia,ere, as we look at southeast asia is now online. a nice performance in singapore. these are the movers. noble group is up in the session. investors optimistic -- hutchison is up 4.7%. let's take it back to hong kong. a solid performance today. no surprise that will related stocks are among the biggest decliners -- oil related stocks are among the biggest decliners. shery: let's keep talking about oil because that story is huge. oil has extended gains in new york and london after iran says it supports the freeze initiated by saudi arabia and russia. tehran has not committed to any curbs of its own. how significant is that fact? >> iran is the most important cog in the whole equation. it wants to increase its output because sanctions have been removed. with iran saying -- they are looking for more room to move. national ceoranian saying they would reach -- that is halfway to wear their target is. iraq waswas part of -- part of those discussions yesterday but we have not heard any correspondence. that country has increased output by 70% over the past five years as the

find out on bloomberg.com/asia. are saidbia and russia to be meeting today with trade of oil around $30. venezuela may join the talks in doha. we have bloomberg news energy tracking this for us. what might come out of this meeting? it is really hard to say what might come out of it. really, if you are in the -- the oil business, you look to see an agreement to make some production cuts. the saudi's have resisted that. the russians have resisted that. those are the two largest producers. if they were able to reach some sort of agreement and the saudi's were able to lead opec to make a few more cuts, you might see a pretty significant rally. it seems to be a little on the hush-hush. you don't normally expect an announcement out of that. again, they are the people that have the biggest levers. if they pull them, something big could happen. angie: absolutely. saudi arabia coming to the table is significant. russia and money managers extending their long positions. rise.xpect prices to is that evidence we will see a rebo

and the encirclement policy of capturing first south asia, moving through the south asia, moving to africa and portions of it and the mediterranean and slip -- and so on. general gavin: i assume you base your question on statements made by general taylor. senator, these i find deeply disturbing. i am not sure if you read what i wrote that he had things to say. youtube is to make their holding strategy and a sensation of bombing. and withdrawal of united states ground forces which would lead to a crushing defeat, a capitulation. a retreat. thatferred to the retreat would be disastrous. i don't understand this. this to me is a technique i find so devastating. the u.s. why do you feel like this -- then you ask why do i feel like this? i don't think you read what i wrote. i don't understand why he would say things like this. >> i think that's one of the purposes here, to clarify the situation. there is a great deal of confusion. >> my time is up. general gavin: on the matters of wars of liberation, these are powers. i worry that since the initiative may be that of the chinese let's say, we fee

with that video, the details live from sydney next on asia edge. ♪ >> welcome back, you're watching asia edge. the country's biggest retail lender reported a slightly better than did report. with me from said he, we're talking about the headlines. let's look at some other numbers. >> the bank a bright spot today. profit for $.8 billion, 3.3 alien u.s. driven by growth. it wasn't all perfect. for example, net interest margins remained flat at 2.06%. some expectation those would improve. to 10ne capital ratio, up .2%. some regulatory changes in australia requiring banks to strengthen their balance sheets, which they have been doing. that has provided a bit of a drag on profits. take a look at stock prices. inay after rejecting stock just about every other on tuesday. currently up 1.7% compares well to one .5%. lotgs could be a whole worse on the local index today. that index really making things look a little bit better despite what we are seeing. a press conference right now to go through results. any takeaways so far? well, the ceo has addressed a lot of what is going on in the macro pic

stay with us. ♪ angie: you are watching "asia edge." asian shares extending their rally, fueling a global rebound inequities. china's benchmark jumped more than 2.5%, with gains in hong kong and korea. japanese shares turned around, extending a surge which saw the topix jumped the most since 2008. the most in seven years on news of a record $4.5 billion share buyback. that will cover almost 15% of its stock, and they say they will resort to new borrowing. softbank will use assets to make the total. oil is making gains at $30 per barrel in new york as saudi arabia and russia are said to be meeting. venezuela may also join the talk. positions on wti rose to an eight-month high. traders also shrugged off concerns that iran could add to the glut. what a day in the market. let's get it to haidi. haidi: what a day, indeed. original indices rebuilding on yesterday's rally, rallying by 4.1% yesterday, the best session of gains we have had since september last year. but we did have a little shakiness earlier this morning in terms of volatility,

all over europe and some places l in south america and asia. how do we expect to compete when everyone there who wants to become an engineer can do so and not come out of $150,000 in debt? how are people here supposed to be entrepreneurial if you cannot get a loan? to start aget a loan business if you have a $700 a month payment. we are competing against that. how is he paying for it? look online and see what the conservative electorate says and they make it sound like it is some kind of communist proposal. guest: i will resist getting into the education argument and talk about what the caller said early on about rush limbaugh. that is more in keeping with my book. i listened to rush limbaugh around 1988 when he went national. my dad turned me onto his radio show. rush has done a lot of good. i would not be sitting here if it was not for rush limbaugh's show. they called him the majority maker. over time, rush has changed and there has been a dumbing down of rush limbaugh's show. it is interesting because i'm theenough to remember mainstream me

the key is the demand is driven by asia, asia-pacific. i think that is what is getting the world gravitating. >> reporter: and now battling it out for asia's attention are the two big boyce in the industry, airbus and boeing. they fly into the singapore air show with airbus leading but the american company is leading counterparts in deliveries. the big squareoff will be in theed me-based jet space. that's where asian manufacturers are making their presence felt. the chinese 919 and the regent jets will be competing against the russians, canadians and brazilians. but with the global economy heading towards store speed, they'll have to make sure they're producing maximum thrusts to make sure it takes flight. sri jegarajah. >>> the nikkei's makita is there. e're still seeing gains in the equity markets. >> exactly. and it was a bit of a surprise. we'll talk about that later. starting with government figures released today show that japan's gdp marketed negative growth of an annualized 1.4% during the october to december quarter last we're. t

our ties with asia have expanded dramatically over the last seven years. 2009, we signed a treaty of amity and cooperation. southeast summit and became the first partner to in 2013, we created the young southeast asia leaders which now has over 60,000 vibrant members. economic ties are also booming. quarter trillion dollar trade relationship with 55% since 2009. the asean region is now the largest goods export market for the united states. asean countries 500,000 more than american jobs. alone companies from california exported $11 billion to asean. companies from all 50 of our trade withge in asean. u.s. companies have been the argest investor in asean with stock of more than $226 billion, 2008. doubling since asean is also an increasingly important partner in addressing regional and global challenges maritime disputes to climate change, pandemic disease violent extremism, sustainable development to persons, which is why last year during the president's trip to malaysia we partnership with asean to a strategic partnership. much more we can still do together and that's why we're here

strongly pivoting to asia, asia is a very -- is where it gets the bulk of its profit from. the southern part of china will be looking at whether it will pivot to the asian leaders with china weighing on investor's minds. short the japanese yen, by japanese stocks. are is what some advisors saying to their client. -- clients. the yen is at its strongest level since 2014. david: there's a short-term and a longer term. it depends, obviously, on risk. get worse, obviously, what people say is that we could be testing the 110-99 level. 110.99. level this is a simple chart. this will take us back to 2013 levels. back to english. goldman is saying that, don't pay attention to what is happening now, look at the outflows. negative rates will determine where the dollar yen does. -- goes. a lot of money is going out of japan, $24 billion in fact, just out of equities, year-to-date. we are barely into the year. they are saying that we're headed to 130 by the end of the year for dollar-you. -- dollar-yen. there's a function on the bloomberg, and most of you know this. i will do this righ

let's check in on the markets in asia. haidi lun is standing by for us sony, the move in sony's shares are noticeable overnight getting a little bit of a boost .rom a certain secret agent >> james bond has been a huge favor. minute to that in just a in terms of this astronomical search that we did see today but you talk about diverted picture against people can go look at a big etcher things are looking pretty good. the asia-pacific index is on track for a fourth day of gains. this is largely driven by markets in japan as well as salt we are seeing a little bit of strength coming through from emerging markets and southeast asia. but really it is a little bit of a sugar high. tom the decision to go there go to negative rates on friday. that's really still playing out across the region lifting risk appetite as was seen across other markets. the naked two to five closing up by 2%. the topics about the same with had that 3% bounce on friday. extending those gains. south korean shares managed to close up the distance. some horr

from india through southeast asia and east asia and japan and korea, we are improving our treaty alliances, our bilateral partnerships and in turn, we're getting increased access throughout the region. singapore comes to mind. the edca that i spoke about in the philippines comes to mind. so this is an exciting time in terms of access and agreements and relationships with countries throughout the indoasia pacific region. >> one of the consequences of their build-out into the islands is that they have very accurate surface to surface missiles, they have accurate radar, which would seem to put even higher premium on the water operations by u.s. submarines or autonomous vehicles. is that your view? are they becoming more important, submarines? >> it is. i wouldn't say it's becoming more important, because submarine and undersea warfare has always been important to the joint force. i view the submarine as the original stealth platform. the capabilities that we have is a true asymmetric advantage over any other adversary owe potential adversary on the planet. that's our capability in the underse

the remaining countries of southeast asiae menaced by a great plaflanking movement. this view has been referred as the domino theory. i personally do not believe in such a theory, it means believe in a law of nature which requires the collapse of each neighboring state in an inevitable sequence following a communist victory in south vietnam. however, i am deeply impressed with the probable effects worldwide, not necessarily in areas contyingous to south vietnam if the war of liberation scores a significant victory there. president kennedy commented on this danger with moving he low again -- eloquence. freedom today is the southern half of the globe, asia, latin america, africa and the middle east. the lands of the people who harbor the greatest hope. the enemies of freedom think they can destroy the hopes of the newer nation and aim to do it before tend of this decade. this is a struggle of will and determination as much as one of force and violence. it is a battle for the conquest of the minds and souls as much as the conquest of lives and territory. in such a strug

let's move -- let's stay in asia but move to the southeast asia to singapore. deputy minister tarman. quite to the contrast of where afghanistan comes from, singapore is one of the most stable countries in the region. but you are for the immune to the challenges that you are seeing, as we were just discussing, even in singapore. >> well, singapore is the most religiously diverse nation in the world. we have every major religion, the largest one-third of the population. we have every major religion that is at conflict with another globally. within our 720 square kilometers. for us, multiculturalism, multireligious compact has been part of our identity. and part of the rules of the game from the time we became a country, because if we didn't have it, we wouldn't have survived. we would never have survived. but we are not immune. and we are now having to work harder than ever before. to preserve that compact. to keep that spirit of peace, tolerance and more than peace and tolerance, that spirit of respect, that wanting to engage with each other in day-to-day life.

many of the so-called fish are pulled from the ocean around southeast asia with devastating effects. these small and young edible fish are left to rot in the halls of vessels for days on weeks on end before being handled. fleets of trucks and sport tons of rotting fish on each vessel on the processing plants where they are ground down and wash and cooked into powdered fish far for food -- fish flower for food. alongside the species on fishing vessels, the searches documented pockets of juvenile shark species, waiting to be sold. these tropical fish are used as protein for the booming sugar industry, the largest exporter in the world. at what cost to the ocean? >> [speaking foreign language] >> laced with increasing quantities of edible fish, local fishing communities are losing out. >> [speaking foreign language] >> they say the by catch is accidental. >> [speaking foreign language] >> is not just the net and fishing techniques that are controversial however. working undercover, one told us many who unload at the plant are often under licensing agreements. >> she claims her company i

asia-pacific is falling at the moment. with the exception of the implications of what the doj did, there is a flurry of bad news. asia-pacific is falling at the moment. pmi out of china, the latest was thailand which came with their latest inflation for january showing a 13 straight month in negative. obviously, there are underlying challenges across all of these economies because they are tied to china, not japan. let's have a look at china. the reason we are seeing a drop is because of a flurry of profit warnings from friday into the weekend into this morning. i want to show you -- on average, 60, 70% drop in earnings. name oil fields, copper, your industry -- coal, construction and power and steelmaking issuing severe profit warnings. the you talk about the pmi, concept is fluid. when it starts to show, that is when you really feel it is tangible and more felt. angie? angie: let's focus on japan, david. everybody is watching japan for obvious reasons. how is it looking after the lunch break? david: let me give you an up

we do not even have the manpower or the resources to police asia. we will have to. >> your time is up. >> i would like to respond. >> quite all right. >> i would like to ask another question. -- senatorenter continue a protectorate? >> it is a primary peacekeeping objective. i would get this debate out there before the world. >> as you know, the communist world had anything -- refuse to have a few to do with the united nations. has dozens ofons members. i have questions that i hope are constructive and will get constructive answers. general, do you think that france could have won the war in north vietnam, if it had not been for a weakening will? >> i doubt that. i think they could have lasted longer. fight andcontinued to they felt that, if they gave in this northetnam, african colony would demand independence and they did. france wielding more influence? is probablyhat true. then, isn't japan a stronger nation today after getting out of the mire of trying to control the mainland? attempt to an maintain a colonial power. >> it is an example of biti

stay with us, you are watching asia eddge. >> you are watching "asia edge", top stories, shares in shanghai have plunged. investors disappointed by the g-20 meeting. commodity producers and tech companies leading the way down. markets inside china are delivering. will present his third budget this afternoon, and advisor said it's time to review fiscal deficit targets. inflation of around 4.5% to 5% projected. pay rise for government workers and moves to shore up infrastructure. foxconnading lower with weighing a possible revision of a takeover deal. weekend tryinge to sellers the $6 billion bill. foxconn delayed after learning of new sharp liabilities that could exceed $2.6 billion. let's get the latest from the markets right now. looks like a mixed bag in terms of the asia-pacific, 3.4%,ai stocks a loss of the hang seng down a must 1%. gaining more momentum, 7/10 of 1% up in tokyo. australian stocks holding gains, 4/10 of 1%. let's talk about the stronger yen, some strength today. it snapped three days of declines, but we continue to see that gap widened when it comes to the forecast, some

stay tuned for asia as. as chris in the outlook with the leading think tank. ♪ ♪ bend me shape me, any way you want me as long as you love me, it's alright bend me shape me, any way you want me you've got the power, to turn on the light shape the best sleep of your life. sleep number beds with sleepiq technology adjust any way you want it. the bed that moves you. only at a sleep number store. announcer: from our studios in new york city, this is "charlie rose." charlie: we begin tonight with politics. last night, the iowa caucus raised questions about the race for republicans and democrats. senator ted cruz took first place, beating donald trump. >> tonight is a victory for the grassroots. tonight is a victory for courageous conservatives across iowa, and all across this great nation.

asia is up 1%. and profit in internationally is up .6%, depending on how we count. that is very profitable. they had a difficult 2015. but you have to realize that there is a lag between the result, after having the best fourth quarter in the last five years. 28% increasing mma. but there is one division where we have had a lot of pressure and negative results, and the loss in the fourth quarter is global markets, where we are seeing suffering from the current market environment. we have there a number of positions which are real negative from our old strategy. as we turn to a new one, we are putting them quite aggressively. but we took losses on those materials. so the asian lost about 900 million in the quarter. asncine: capital markets, you are pointing out, should you have been more aggressive with the cuts? tidjane thiam: the cut them by 37% in two months. we have been quite aggressive. it is what it is. that is why we have cut it. there are really two theories on the table. one is that there i

in india to southeast asia and east asia in japan in korea. we are improving our treaty alliances, trilateral partnerships and in turn getting increased access throughout the region. singapore comes to mind. the edc a.i. spoke about in the philippines comes to mind. so this is an exciting time in terms of access and agreements in relationships with countries to route the pacific region. one of the consequence is in the island is that they have very accurate surface to surface missiles. give radars which would seem to pose even higher premium underwater operation by submarine or autonomous vehicles. is that your view as is becoming more important? >> it is. so i would say it's becoming a report because submarine warfare has always been a part to the joint force. i did a submarine of original self platform and the capabilities that we have is a true asymmetric advantage over any other adversary or potential at syria on the planet and that is our capability in the undersea realm. >> thank you at them because they question to both of you here chin

they outlined a pivot to asia, to look for asia to growth. it should come as no surprise that they have been having a few woes of late. the chairman said that china's lower economic growth will undoubtedly contribute to a bumpier financial environment that is still expected to be the biggest contributor. business in asia contributed more than 70% of adjusted profits before tax. manus: thank you very much for the details. anna: seven minutes past 8:00 in barcelona. the world's biggest smartphone maker unveiling their biggest offering. with the market slowing down, s?at are the issue manus: caroline, you have a special guest. caroline: i do, indeed. the chief executive of the biggest network in europe. thank you for joining us today. first of all, you are in 50 countries in europe. how is that affecting your business? are people upgrading less or are you still seeing economic sentiment growing? >> this industry is very exciting. in principle, our industry is growing from a demand perspective. the issue in the past was we had a lot of regulation

we're involved in southeast asia right now. our young men are doing a splendid job now. i don't think they've done a better job from the outset and they've done a fine job. we must give them the best support we could. i couldn't quite agree with that as general bradley once expressed it. >> you do point out in your article though that we're going to have a war with red china, it ought to be in the manturia area rather than the southern area. >> to be very objective in a military sense about this as an adviser if i were called upon advice to my people, i would say if china brings upon herself a global war, the place to fight her is not in southeast asia, the place to fight her is where you can take away the real heart of her war-making capacity, the roar of china, this is the manturian area. >> there's one statement in your article that seems to me to be of considerable importance and concern. that is where you say if the chinese communists continue on their present course of aggression and at the same time continue to develop more devastating weapons, and i refer to nucl

we begin in laos, southeast asia's only landlocked country. a long history of isolation has protected its natural resources and indigenous cultures. laos today is beginning to court the global economy through the sale of hydroelectric power. here, we ask if laos can achieve sustainable development, generating economic growth while maintaining the integrity of its indigenous populations and its natural environment. the mekong river traces an 1,100-mile path through or along the border of laos. the river has also been a barrier between laos and its neighbors. now there is a road, where before there was none. in 1994, the friendship bridge gave laos its first land link with the outside world, through thailand to the west. the bridge may symbolize a connected future, but laos in the here and now remains among the poorest countries in the world. ( rooster crows ) it is the least developed country in the lower mekong basin. life expectancy is low, about 53 years. ( rooster crows ) 43% of children here are malnourished. the potential changes brought

from india through southeast asia and east asia and japan and korea, we are improving our treaty alliances, our bilateral partnerships and in turn, we're getting increased access throughout the region. singapore comes to mind. the edca that i spoke about in the philippines comes to mind. so this is an exciting time in terms of access and agreements and relationships with countries throughout the region. >> one of the consequences of their build-out into the islands is that they have very accurate surface to surface missiles, they have accurate radar, which would seem to put even higher premium on the water operations by u.s. submarines or autonomous veb vehicles. is that your view? >> it is. i wouldn't say it's becoming more important, because submarine and undersea warfare has always been important to the joint force. i view the submarine as the original stealth platform. the capabilities that we have is a true asymmetric advantage over any other adversary owe potential adversary on the planet. that's our capability in the undersea realm. >> thank you. let me pose a question to both of yo

asia wakes up. it has to play catch up. and there's only two big markets open in australia and japan. i think the rest of asia is closed for this lunar new year. clearly another thing to point out. the nikkei was up yesterday. it's playing catch up, i think. >> though part of it is this break down in trust and efficacy from central banks. how many weeks ago, less than two weeks ago, the bank of japan was out in a specific move to try to weaken the japanese yen. it went to negative interest rates. it has not gotten a weaker yen. >> i think just generally, one of the big fears of 2016 for investors has been that central banks no longer are all powerful. we've got to negative rates. this is marginal effects that central banks can have. >> even scarier looking ahead to janet yellen testifying on the hill tomorrow, which we'll talk about. >> absolutely. right now we said the nikkei was down, almost stocks selling off down under. the main index in australia down by nearly 3%. let's have a look at european trade. that's in full sw

president to visit laos when it holds the east asia summit in september. i'm confident whoever the next president may be will build on the foundation we've laid. because they're strong sustained support in the asia pacific region, and through our young southeast asia leaders initiative, our investment in young people, their business success and grassroots across the region i believe will further bind us in a spirit of partnership and friendship for many years to come. with that let me take a few questions, and i'm going to start with darlene of the associated press. >> thank you, mr. president. what resource do you have if leader mcconnell blocks your nominee, and do you think if you choose someone moderate enough the republicans might change course and schedule a vote. as you consider that choice and who to nominate what qualities are important to you and is diversity among them? >> obviously, justice scalia and i had different political orientations, and probably would have disagreed on the outcome of certain cases, but there is no doubt that he was a gi

are involved in southeast asia now and our young men are doing a splendid job. i do not think the armed forces have done a better job right if the outset and we must given the best support that we can. i could not quite agree with that as john bradley once expressed. you do point out in your article that if we are going to have a war with red china it ought to be in the men sharia area? uria area?he manch >> to be perfectly honest, i would say if china brings on herself a global war, the place to fight her is not southeast asia but the place where you can take the real heart of her warmaking capacity and this is the manchurian area. >> there is one statement in your article that seems to me to be of considerable importance and concern where you say if the chinese client -- communists consider -- continue on their present course of aggression and continue to develop more devastating weapons, the time may, when china will ring upon herself a nuclear war. do you believe that? >> of course i do. >> do you think that is likely? >> i don't know. well. nuclear weapons

it has hit asia badly. volatility has risen badly. japan is one of the most volume file markets through asia right now, particularly over the last month or so. you're seeing markets close around most of asia and then you've got turmoil in the u.s. and europe and then boom it hits the market. that's already a very volatile market in a time when the markets are closed. it got hit pretty hard. that's kind of the backdrop of what's happening from the way i see >>> if you're a trader in europe, you've just started your working day, if you're a trader in the states, you will start work in a few hours. what do you need to hear in those locations to female calmer and confident because the markets like confidence. >> i think that after such a big drop on-- feel calmer-- liquidity in the market, they're going to see the market has already fallen and so then they're going to have to make a decision. that was a pretty move that we have already seen. i think it is unlikely we're going to see it continue, but the second thing is when other markets

asia accounts now for 40%. so this is the area of growth, and it will continue, except if everything collapses, but this is not the prediction. haslinda: airlines undergoing a massive restructuring because of massive losses amounting to more than $1 billion. already cut most of the european group. christoph: we are refocusing on emerging economies, strong gdp growths, and creating new relationships between malaysia and those countries, the most prominent being china. no more cuts to be expected. we will change it every year, like every airline. we did not have enough work for all the people we employed, so that was very unfortunate, but also that is over. haslinda: how does it look in asia? what does it look like? john: globally, we expect about 350 aircraft in space, 25% of that is going to come from asia, including china. so it is an enormous possibility for us. we have 20 customers in 11 countries with over 200 aircraft flying in the region. we have a lot more work to do in this region. a big operation in be

ofuggling to control one asia's worst performing currencies. how might that sway today's interest-rate decision? we had to mumbai. head to mumbai. ♪ rishaad: back with trending business. we are looking at the r.b.i., india's central bank, struggling to cope with a slumping currency and asia's widest budget deficit. it may prevent policymakers am cutting interest rates today -- from cutting interest rates today. what are we looking at from today's meeting? we are looking at a big wait and watch. the governor will present the annual budget for the next fiscal year. it is a widening fiscal deficit. it could reset the targets. on him.l weigh heavy he has warned the government of any slippage. add to that the value of the currency depreciating by 2.5% to the u.s. dollar in just 2016. about $2 billion have left the equity market as global volatility rises. that is going to be a point to watch. on top of it all, the state owned banks in india are struggling under bad loans. they have asked for a cleanup. fromill have not heard india's largest state

mcclain. >> if there was some prove his innocence, great, up >> but i think, asia, you might be that technicality. >> reporter: after hearing her in the podcast, syed's defense team called mcclain to testify during the new hearing. syed at the time prosecutors contend he killed lee. >> i was sitting in the library bored to tears, and someone walked in that i knew. i asked him about his breakup with hai. she was dating someone else but that he just wanted her to be happy. he didn't seem to be disturbed or angry with her. >> reporter: she is speaking out exclusively to abc news. >> the biggest thing to us was setting a good example for our children, leaving a legacy of integrity. >> reporter: but prosecutors say, justice was served 16 years ago. mcclain admits she does not have all the answers. >> do i think adnan killed hai? honestly, i couldn't tell you. by coming forward, i hope that i was able to provide enough information to the judge for him to be able to make a rational decision. whatever that might be is in his hands. >> reporter: as for syed, after prison, his attorney says he

china is vying to expand their presence in southeast asia. it is now working on strengthening ties with nations that have maintained a neutral stance. >> translator: relations between china and the nation's militaries are moving towards deeper cooperation. >> reporter: last year, china and malaysia held a major joint military drill. china is also buying its way to closer ties. chinese premier li keqiang visited malaysia. he pledged bigucks for the construction port facilities. the chinese government is spendi nearly $10 million on the project. china is expected to surpass singapore as the top investor in malaysia for the first time. >> malaysia is in central of this south asia region. so if china manage to pull up together with malaysia, definitely, it will be a very good steppingstone for china. >> reporter: in 2011, obama announced a pivot to asia policy. it's meant to focus the country more on the region's politics and security issues. so the asean summit will be a key time to counter moves made by china and continue with the policy. nhk w

america's foreign policy rebalanced to the asia pacific including southeast asia will continue to be a foreign policy policy of my presidency. i look forward to visiting vietnam for the first time in may and to becoming the first u.s. president to visit laos when it hosts the east asia summit in september. i'm confident whoever the next president may be will build on the foundation we've laid. because there's strong sustained bipartisan support for american engagement in the asia pacific region. and through our young southeastation leaders initiative, our investment in young people, in their business success and civil society and grassroots leaders across the nation will further bind us together in a spirit of partnership and friendship for many years to come. so with that, let me take a few questions. i'll start with darlene of the associated press. where is darlene? there she is. >> thank you, mr. president. my question about the supreme court. >> what's up? >> what recourse do you have if leader mcconnell votes a vote on your supreme court nominee? and do you think if you choose s

the remaining countries of southeast asia would be menaced by a great striking movement. the loss of south vietnam would set in motion a crumbling process, which could as it progresses have grave consequences for the forces of freedom. this view has often been referred to as the domino theory. i person do not believe in such a theory if it means belief and a law of nature which requires the collapse of each neighboring state in an inevitable sequence following a common is victory -- communist victory in south vietnam. i'm impressed with the effects worldwide, not necessarily in areas contiguous to south vietnam, if the war of liberation scores a significant victory there. president kennedy commented on this danger with moving eloquence. he said the great battleground for the defense and expansion of freedom today is the southern half of the globe, asia, latin america, africa, and the middle east. the lands of the people who harbor the greatest hope. the enemies of freedom think they can destroy the hopes of newer nations and our aim to do it before the end of this decade.

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caroline: a phenomenal move we saw in asia here it is have a look at what went down in asia. we saw spikes, the biggest hop in japanese stocks since 2008. brushing up concerns about the japanese economy. is gdp worse than expected echo is chinese imports and exports worse than expected? the pboc stepping in looking for support -- looking to support their own currency. you see a rocket in the nikkei, up 7%. what moves we saw over in asia. as we do overall -- as we open up, we see bigger jumps than that. markets start to get going. 1.5% up 1.5% -- we are up on the ftse. miners and metals start to search up. gold on the lower side. look at metals. despite data come from china, we're seeing a 2.5% pick up. money moving into what has been deemed some of the riskier areas. money coming out of that risk aversion. go down by 2%. we are not going to be seeing much in a move in oil, we are down .3%. supply issues once again good concerns iran about to send that oil over to europe. the first time we've seen europe -- we've seen those oils it on those boats. we're seeing money move into