crucial meeting in washington. fosun plunges.s, the chairman is back after assisting an official inquiry. sinceg to levels not seen seven years ago. west texas is heading for $35 a barrel. also coming up this hour, hold the front page, jack ma takes up hong kong's biggest english newspaper. promising decisions in the newsroom, not the boardroom. that story and much more in this monday edition of "asia edge." >> keeping an eye on the state of play when it comes to asia-pacific markets and it is probably a day of selloff from last week. investors are turning risk ahead of the first reserve rate hike in just about a decade. we are also seeing the oil routes continuing. the sentiment is continue to play out. opec is sticking to its guns when it comes to production output.

that is expected to exacerbate the commodities while and toil. they are at a 16 year low. playing across a lot of commodity sensitive industries. we have seen shanghai turning green. up by 3/10 of a percent. an afternoon session of greater volatility, but still, really strong losses in tokyo as the decay is down by two and a half percent. the topic is hurtling toward multi-month lows, a better than expected read on the survey. japan picking up a little bit, but investors are shrugging that off. positive weakness coming through from hong kong shares. down by 4/10 of 1%. energy and oil related plays that are getting quite a bit of risk to those markets. i want to take a look at some of the currencies that are in focus today. rmb, to a slower year low.

we are seeing -- last week we had the decline weekly for the rmb since the august evaluation. we are seeing a weakness of about 3/10 of a percent. on the back of a new currency index that was announced by beijing just went friday. here are 13 currencies. it is intended to recast the way that he and expectations are going forward. the currency should not be measured by moves against the u.s. dollar alone. their suggestion that the new currency will mean greater volatility and perhaps downside volatility and losses of the yuan against the greenback going forward. we will keep an i on that currency and also weakness across a number of those emerging market assets today's. it is a day of selloff. fosun units are

plummeting. reports from china's face that the chairman is back home after being out of context and thursday. stephen engle's is following this story for us. give us an update. what happened here. >> investors don't like it when the head of a company goes missing. they assume the worst and hope for the best. not a lot of information. some good news. a magazine reporting that he actually has gone home after assisting in an investigation -- judiciary investigation that the president of the group in a conference call said was in relationship to a personal matter tied to former shanghai vice mayor. we don't know much else. also, china business news is reporting that the chairman did attendance -- we've not confirmed -- did in turn an

internal conference in shanghai this morning. that helped lift bonds. bonds rose by a record i believe, the biggest jump since 2013. these are the 2000 20 bonds which had slumped to the lowest ever on friday when he went missing. the stock was up there. we were down by double digits. investors are nervous and it is impacting their liquidity. what does this mean for international projects and acquisitions? >> on the liquidity issue, the president yesterday in the conference call that there is no cash flow at this point. he is confident in the future. that is what he said yesterday. as far as international ambition, this tarnish is the image. this had been a success story on the international fronts for a private, diversified, huge chinese conglomerate buying interests and everything from club med to cirque du soleil to insurance companies in europe

and elsewhere. anglo german banks. a jewelry maker. a number of different interest. this will tarnish the image. they need pr control. angie: thank you so much for that. other stories we're tracking for you today. relations between dow chemical and investors have reached a new low. for the third point founders said tuesday he the removal of dow's ceo. supports the merger between dow and two point hello ed questions the -- globe questions the appointment. a standstill agreement between dow and third point. hsbc is reportedly planning new headquarters in blonde on to focus on retail banking. newspaper sites greater china chief executive. headquarterslobal

potentially away from london. to avoid u.k. tax burden. standard chartered has told bloomberg news that it's hong kong restructuring is basically complete and that it has no plans for layoffs. of jobllows the report cuts at financial markets departments in the city. they did not say how many jobs may be affected, but a spokesman said that overall, hong kong headcount will remain unchanged at 6000. front page news here in hong kong. alibaba group is buying the south china morning post for $266 million. jack ma is following in the parents footsteps of amazons jeff bezos & revival of a century-old newspaper. our asia company news editor joins us from tokyo for all of this. why would an e-commerce company like alibaba want to buy into old media? a good question.

the e-commerce business and alibaba has been growing quite quickly, and it is also a very profitable -- newspaper business has been going the opposite direction. as the mp like so many newspapers has been fighting for readers and fighting to retain advertisers. alibaba has an interesting explanation for this deal, they say that they see an opportunity here to combine their digital assets and the digital reach with the assets of the as cmp and they think they will be able to make something out of it. and mediapportunities more broadly, including the newspaper business. they see a good opportunity. angie: a good opportunity -- they say. certainly, there are political risks and financial ones too. >> there are. as you mention, the deal was for $266 million. this is not a big deal financially for alibaba. they have $15 billion in acquisition so far this year. they bought their way into online video and into

brick-and-mortar retail stores. and in two startups. they have done a lot of deals. this one is not particularly big, financially, although digit $66 million is nothing to sneeze at. politically, a little bit more sensitive. it is the highest profile image language newspaper in greater china. ifre are risks on both sides the paper is now critical of the chinese government, that could create blowback for alibaba within china. conversely, if the newspaper is very did -- gentle on the chinese government could create blowback for alibaba outside of china. they need to strike a balance here. angie: what does it say, more broadly, about acquisitions by chinese internet companies, peter? >> it is interesting. the chinese internet companies are not shy about pulling the trigger on deals these days. hasar this year, alibaba got about $30 billion in deals.

they have got into a bunch of different areas, including media and startups. they have plenty of firepower going into next year. an interesting report from last week that said that they could spend as much as $80 billion on deals next year. they could even exceed the high water mark that they had hit this year. and to see what they do this property. south china morning post. thank you so much for that. also making headlines, perhaps for different reasons, it is the markets and it is all of the fed angst. how's it looking heidi? as of about midday here in asia, we are seeing the nikkei down by 2.5% by lunchtime. a whole lot of risk aversion here in asia ahead of the fed meeting. despite better than expected china days. i want to take you through some of the biggest losers or the

biggest loser. depending on what you're looking at. quite a lot of movement downside in the shipping is. china shipping and china cosco plunging by the most since 2005 and 2004. each down by over 20%. china shipping down by almost 30% in hong kong. shanghai listings are actually suspended. stocks are back online after a four-month trading halt. we had news late on friday that chinese government plans to consolidate these shipping companies to create what would become the world's fourth-largest container shipping. each focus on a different aspect of the business. that is really driving quite a bit of downside that we are seeing across these stocks. this comes as part of the broader consolidation of chinese as the lease. reformve protracted efforts to get them up to speed and streamlined.

it comes at a terrible time for the shipping container names amid the swelling global demand and overcapacity. a purchase of neptune announced last week. i want to show you one of the few greens that we are seeing. oxin auto is back from a trading halt. it comes on the back of a $1.1 billion stake in the purchase by china granddaughter. -- china grand auto. one of the biggest car dealerships in china. those two companies are hoping to create synergy in terms of delivering luxury cars and the china market. angie: thank you for that. coming up later, delivering on the deal. we will take a look at why the historic climate change agreement may come with a $16.5 trillion price tag. that is coming up next. corporate sentiment continues to hold up in japan despite uncertainty over the u.s. and china.

we look at the latest view from a global chief economist. when "asia edge" continues. ♪

♪ angie: with the fat all but certain to start lift off this week, we have been asking our guest is how asia will be affected by a u.s. rate rise. chief asia-pacific economist glenn mcguire says that this is been coming for such a long time and the focus of the almost entirely on the language that said officials use. lenn: in terms of the impact of the fed move on asian currency, i think it is pretty much well priced in at this stage. it will come down to the nuance of the statements and how hawkish the fed is. or how relatively dovish they are. the chinese over the weekend,

and the hands of stabilization there, maybe introducing a reduction in some of the external risks that the fed has previously played up. china posted some positive economic data over the weekend, including retail sales in industrial production. jpmorgan affiliate says that beijing's policies are finally filtering through to the broader economy. lookingeople have been forward to for a long time. , if yout surprising look at what happened in the last two or three months, there has been a lot of policy adjustment happening. we have the rate cuts. more important, on the fiscal side, we have more dramatic adjustment, particularly spending and policy bank lending and the government expanding programs. the fiscal capacity has been increased, so there has been --

economist saysan that japan should see growth pick up next year. , -- that depends of certain conditions. fourth-quarter gdp, i think you'll get some downward pressure because inventory adjustment pressures are still fairly strong. it'll probably be something around 1%, not a great number, but we are feeling as though the worst of the downturn has passed. japanese economies are slowly going to accelerate on the back of stronger domestic demand your, but that is all predicated on the fact that we do not see for the exterior nation and china and the rest of the emerging markets. angie: there's always that, isn't there? we are joined by mark mcfarland, global chief economist. good morning. it really seems that japan has skirted that technical recession and perhaps, some fractional

groups from the fourth quarter. take a look at today's survey, it is the forecast, the sentiment for next quarter or the first quarter for japan that seems a little worrisome. mark: the bank of japan has made it clear that it is not really comfortable listing policy again, so we need to see some stimulus efforts from the central government. that is caused a little bit of consternation and markets. on the manufacturer signs, they've been finding life very difficult. see weakng, you can global trade has had most of the asia-pacific region and that is why you're seeing a soft outcome. angie: holiday achieved 20% growth in five years. mark: he will struggle. angie: it seems like a pie in the sky. mark: there will need to be a lot more stimulus and reform. there has been some degree of success in terms of getting wages higher.

you have had some degree of success in terms of reforming the capital markets by allowing return of equity culture and the equity markets. but there needs to be a lot more labor market reform and marker firm to spur growth. angie: could there be a magic bullet and what would that be for japan when it comes to these types of labor reforms? it really is freeing up the health care market and the agricultural market to allow more efficient pricing. freeing up the distribution networks and allowing baking -- banking situations to liberalize. that is important for getting foreign capital into japan. angie: politically, they seem to be skirting around everything else, including welfare for seniors and women and all the rest. from day one, it has been about labor reform. mark: it has always been a large vested interest problem in japan. that is our basis -- our achilles heel.

it is easy to do reform of other stuff, but the really important thing is to get corporate and agricultural markets more efficient. angie: in time to be healthy enough for a tax increase in april of 2017? mark: that's a tough call. there are good economic political reasons for them to pass that one over. he needs the reelection. there are good reasons for suggesting that we global trade is the reason for not having a sales tax. we will have to wait and see on that one. certainly japan needs in the long-term. they need fiscal reconstruction. in the short-term, possibly not. all pointing to everybody else's pointing to, the global economy and whether that can be headwinds from china. thank you, mark. checking in on some of the other stories making headlines around the world now. the philippines have issued storm warnings for eastern areas ahead of the arrival of the

typhoon. the storm is known locally as nona and is forecast to hit later today. it is generating sustained winds of 140 four meters per hour with gusts up to 170 miles per hour. presidents are being warned of a storm surge, possible flooding and landslides. ecuador and sweden have reached a legal deal to allow the wikileaks founder julian assange to be questioned by swedish investigators. the 44-year-old australian has been sheltering under asylum in the ecuadorian embassy in london since june of 2012. sweden wants to speak to him about an alleged rape. he denies any wrongdoing and says that he will answer questions. criticizedakers have the suspension of new diesel vehicles and new delhi, part of a plan to reduce the capital's notorious mob. license plate-based driving bans are also expected from january 1 in what has become the world's most polluted city.

carmakers say that they will be left with unwanted stock after what they call an overnight ban on diesel. angie: coming up next, all aboard. japan and india steam into a new era of cooperation. "asia edge" back after the short break. ♪

♪ angie: indiana has its for --

india chooses japan as its partner for high-speed relic. it is one of the deals signed during the weekends. you can see india -- they deepen their relationship and essentially the two countries have a great relationship. they also have a mutual concern about the rise of china. these deals bring the two countries closer together. japan has money and india has a great growing population which may soon overtake china. will help with the building of india's first ever highs the mail. it will link from the by. it is also agreed to help finance infrastructure.

also, nuclear energy corporations as well. a breakthrough, but of course, some of these may raise little concern with some of the neighbors. there were defense-related deals. no doubt, china's watching very closely. indialuding japan joining and the u.s. and its biannual naval exercises. also, an agreement to share intelligence information and also looking to the future, there may be something to japan selling amphibious craft to india. the agreement is not sending a message to china that india and japan are not afraid of china and the rise or trying to categorize, but also you have to member that for both of these countries, china is still the major trade partner. they're trying to build ties with each other to perhaps

counter that economic might. angie: who is the bitter friends, that is the question of the day? think you so much for that. let's check in on trading in sydney for you right now. we are seeing energy stocks in australia the lowest since 2005. crude oil is sliding. asian stocks are tumbling. we are seeing it as well and soul, down more than 1%. here in hong kong, despite better-than-expected retail industrial figures coming out over the weekend, from china, we are still seeing the client and of course looking forward to the afternoon business in tokyo after the short break. ♪

angie: the top stories this hour -- asian stocks have fallen the most in september over -- as routerns over the oil drive concerns. cuttings have been holdings of riskier assets from u.s. junk bonds and emerging-market shares. shares plunged, despite the return of the chairman.

he will attend an internal company conference. the company revealed on friday that he was out of contact. fosun's president confirmed over the weekend that he had been -- assisting with an investigation, reportedly into the former shanghai mayor. alibaba pledges to maintain editorial freedom. othereditions of magazines were included in the purchase. jack ma is following in the footsteps of amazon's jeff bezos, who bought "the washington post" two years ago. how are the markets doing? let's get the latest with haidi. haidi: they are not doing very well. that's the short answer. it is only shanghai that has managed to crawl back into the green in the last hour or so.

, wewhere around the region are still calling it a "taper tantrum." it's a bit of a tantrum or emerging markets ahead of the u.s. federal reserve meeting -- tantrum for emerging markets ahead of the u.s. federal reserve meeting. we are seeing quite a bit of risk aversion here in asia. the msci emerging markets index is heading towards its longest -- longest decline in june. investors are getting out of riskier assets ahead of that meeting. we are also seeing risk aversion given the oil rout that continues unabated. opec really digging its heels limitsapping output for now. that situation is expected to continue, the crude glut.

of 1".sie, 4/10 -- 1%. i want to talk about some of the biggest decliners in terms of the oil space. lng, thebiggest -- biggest producer of lng down under. it is one of the most beaten-down names in oil. down another 6.3%. suncorp is plunging to multiyear lows, sustaining heavy losses after it announced a warning when it comes to margins, on account of higher claims from storms. oute routs also playing across some of these commodity-sensitive currency markets, like the rupiah. the rupiah is the second worst

performer in terms of asian currencies this year, down about 14 of 1% today, trading at ,061. the malaysian ringgit -- declines of about 1/2 of 1% as well. we are seeing a sustained selloff across pretty much all emerging-market assets, from equities to currencies, so far in this monday session. what a way to start off the week. angie: indeed, and there are still a couple days to go. let's see how it ends up. let's tick to energy markets now. it's been quite a volatile session. let's bring in bloomberg news asia commodities managing editor , alexander. greg is at december, 2008, levels -- brent's at december,

2008, levels. how long can this go on? guess, but the's focus remains on the supply side at the moment, angie, specifically this seemingly relentless oversupply. a predicts that this global surplus will consist -- persist through the end of next year. -- has essentially essentially abandon its production quotas, embarking on this sort of supply free-for-all. angie: this sounds like a race to the bottom for all of these major producers here. opec'seems so, and strategy seems to be working so far. its rival producers outside the group are cutting back production. the iea predicts non-opec supply will shrink at the fastest rate

since 1992. however, oil inventories are still forecast to increase, particularly as iran starts to export more when sanctions are lifted against the country. so, it is hard to see any rapid or significant three -- rebalancing of the market without any sort of supply demand -- supply or demand shock. angie: the paris climate talks have delivered an agreement described as "elite for mankind -- as "a leap for mankind." the international energy agency puts the figure at 15 one $5 trillion -- at $15.5 trillion. we have an analyst here to tell us more about this agreement. these are big bucks, but there is a lot at stake. >> you've got an agreement that

has almost every single country in the world covering almost the entirety -- cutting almost the entirety of carbon dioxide emissions. there is even a more aggressive sort of soft target in there, an aspiration target of 1.5 degrees above the target. it would require an industrial change the likes of which no one has ever seen before. the right"optimism" word here? how is this different from other climate talks? ofoptimism on certain parts the business community, where the enthusiasm for a clear signal -- what they see as a good signal, with the likes of tim cook -- as a clear signal, .ith the likes of tim cook they see it as an investment in clean energy. my colleagues view it as a week target.

it is fundamentally nonbinding. it is fundamentally one that can be very difficult to measure. what's different about this compared to kyoto is the scope. 1990's, kyoto is covering only the developed world. almost all of the growth of emissions in the past decade has been in developing countries. with -- what this accord does is a wayem together in that's meaningful. you have a way to address the places that hearst -- that are historically most in need of development, and the places that are going to be leading in all marginal emissions of carbon dioxide. angie: nat, thanks. in other news, volkswagen says its latest vallourec -- battery technology will mark a breakthrough for the company. batteries will

help boost its lineup of electric vehicles. in comments in internal staff newspaper, he says he expects to see a rapid rise in demand for battery-powered vehicles as costs fall and the range of mode ls expand. baoxin auto is flying in hong kong. check out shares right now -- 20%, not too shabby. trading was suspended earlier on the announcement that it had sold a $1 billion stake in the country's biggest car dealer. baoxin hope this will help offset the slowdown in luxury sales in china. to institutional investors, including -- investors shrugged off fast fall, encouraged by

its nearly $3 billion in cash holdings. ago beforene month the presidential election in taiwan, the ruling candidate is trailing -- ruling party candidate is trailing by 18 points. mt may have lost touch with the younger generation. is ae march meeting milestone for cross trade relations. elected, we will keep going, move forward, which means we will have not only this meeting, but other meetings next year. >> how will your policies be different? will they be different? the handshake did not give -- a boost.

did you expect it to? eric: i did not expect it. i mentioned to people, this is a right -- the right thing to do. i don't think this meeting has a direct impact on the election. people will make a choice. think of the difference between us -- they know the difference between us. they already know. >> as chairman of the party, you must have considered the risk to the downside that it would have given to the political climate and hold -- poll numbers now. we know the dpp won significantly in 2000. how did you consider this possibility? eric: i do recognize the political atmosphere now as not for our party. ,uring the past 7 1/2 years dpp successfully always put the saying it is to

close to mainland. what's the problem today in taiwan, including the younger toeration's leaving mainland, all because of our cross trade policy? takee chairman, we have to this response from the younger people. were to win the election and perhaps take control of parliament, what would be the obvious political impact and the economic impact? >eric: there is big impact on kmt. we should do some inside reform. we should change our policy and try to get closer to the younger generation, to the people. that's the change we need. keythe other side, this is i worry about, whether the world

will give taiwan a chance again. because, you know, globalization -- we have no time to waste again. >> pick the ddp takes over, much over,- if the dpp takes do you think that beijing will try to take over taiwan? eric: that's quite possible to happen again. angie: he also spoke with the front runner at a rally in taipei. >> yes, we are pretty confident about that. we will do whatever we can to increase our seats in the parliament. >> can you respond to some of the concerns global investors -- a dpp victory raises the risk economically and politically for taiwan? >> it will be a more efficient government. we will manage to maintain peaceful relationship with china. havee one hand, you would --

you would have a much more efficient government. angie: coming up next on "asia to take aare going look at central-bank policy in the asia-pacific region. ♪

angie: checking some of the stories making headlines around the world now. party hasar right failed to win any regional assemblies despite a strong first-round performance. marine le pen was beaten by former president nicolas sarkozy. her niece fell to the same party on the côte d'azur. initial results from council elections in saudi arabia show at least 19 women have won seats. it is the first time that women

were allowed to vote in the country's history. the election commission says of 130,000 registered female voters, 106,000 cast ballots, roughly 82%. the russian navy has taken delivery of two new missile sevastopol in crimea. the ceremony came as the destroyer fired a warning shot at a turkish fishing vessel. the russian ship tried to contact the turkish boat as it approached, but it received no answer, it said. joining me now shery ahn and -- minus 3 days for liftoff. >> how long have we been talking about this? shery: it's a brand-new topic. >> i think it's been the topic of discussion for the last three or four months.

the key element, one and done, is really what the fed says, if it does raise rates on wednesday. whether it is going to raise rates again and what the profile will be for the next two years -- generally speaking, if you strip is participation, the upside quite limited. the only reason for raising rates at the moment is to give you some ammunition if you go into recession for loitering rates in the future -- for lowering rates in the future. >> you mentioned the china volatility over the summer was one reason they held off. china seems to have stabilized. do you think that china roadblock has been removed for janet yellen? >> sort of replaced the china roadblock -- we sort of replaced the china roadblock with the credit roadblock. you have had a couple of funds gated or closed over the last couple of weeks in high-yield.

if you were thinking about whether to raise rates at the moment, you would have to think twice about impacts on high-yield bonds and the energy sector in particular. angie: what's your take on treasuries? last week, they soared to a three-month high. >> and making down -- >> every time the fed tightens, the longer-term treasuries are outperforming shorter ones. >> i think that's what you will see, actually. in all likelihood, you will see the flattening of the curve. a lot of the momentum in the u.s. is still towards deflation, not inflation, so the upside for yields is really quite limited. if you look at the forward market it tells you that -- forwards market, it tells you that. there is not much upside for long-term rates in the states, therefore there is not much upside for the dollar. >> what do you see right now? are they really going to be watching what happens for the first quarter, the first half? >> it's quite difficult for the

fed. they've got an interesting proposition this time. they have three interest rates to raise -- the fed funds rate, the rate on overnight reserves, and the repo rate. they have to figure out how to balance that. i think in all likelihood you will get a slower pace of rate hikes over the course of the next six months, because they really want to see how that first hike effects the market. japan in the summer of 2000, they raised rates, and they had to bring them down again. the fed does not want to have to reverse course. >> the ripple effect is going to be all eyes on asia. china is worried about a week or you want -- about a weaker yuan. >> last week, we had speculation that a are going to reduce the link to the dollar -- that they

are going to reduce the link to the dollar. is that what's going to happen? >> the rmb has appreciated quite considerably since the end of 2011. it's one of the most experienced -- expensive currencies in emerging and developing markets. it makes sense to change the way in which the currency is assessed. >> but see what happened with that tiny depreciation we saw in august, and it rippled throughout the region. >> but it wasn't a depreciation. >> just against the dollar. >> if you look at a real exchange rate, all the trading partners, everywhere else, it moved by 1/2 of 1%. >> but everybody else moved at same time, didn't they, all the asian currencies? >> japan has been moving sooner. the euro is so much cheaper. >> but in terms of the impression that investors and businesses had in china, capital outflows. >> you had quite a substantial selldown in foreign exchange

reserves in the third quarter, but even that started to reverse its course in the fourth quarter. what you are seeing in china the moment is probably the beginnings of foreign exchange liberalization, but it's going to be very slow from here, because it doesn't want to telegraph there is a big depreciation coming. over all likelihood, you will see, over a long period of time, a weaker rmb. that's a great trade, short rmb come along yen -- short rmb, long yen over the long-term. >> people still nervous about what's going to happen in three days. mark, thank you so much for your insight. thanks, everybody. coming up next, it is time for some crystal ball gazing as bloomberg news critics what the new year -- predicts what the new year has in store. ♪

>> the following is a paid angie: let's take a look at the markets open right now. the hang seng down over 1%. the shanghai composite seeing some gains. the tank in survey -- tanken survey outlook is a little worrisome. --pi, south korea, singapore we are seeing some selloffs. the fed -- some angst there. of 1%.nifty down 1/2 tata motors down more than 3% this year. 2015 has been a year of deals -- big deals and big swings. what can we expect for 2016?

we will hear a few predictions from bloomberg in asia. >> the fed will raise rates. i'm firmly in that camp. >> over for emerging markets, the fed will remain key. it's hard to see commodity markets rebounding. >> china will let the yuan appreciate -- depreciate, then try to spend billions of dollars to push it back up. >> hsbc will move to hong kong next year. you heard it here first. >> i think the main thing we are watching for is [indiscernible] >> think social media messaging apps -- i think social media messaging apps will take over more of your life. >> people will -- >> i think we are going to see people using their smartphones more to monitor their health. >> i'm predicting that at least one hedge fund manager is going to get into the food truck business because it is going to

be so difficult to make money. >> super foods like quinoa find a home in a futures exchange, perhaps. >> 2015 was great, but 2016 will be even better. i'm an internal optimist -- an eternal optimist. >> i think we are going to see this kind of unrest spreading out from the middle east all over the place. these attacks are going to continue. we are in for a rough ride. >> guardedly optimistic, because a lot depends, as we know, on china. >> hard to bet against china, so i probably shouldn't even try. >> we will be watching china's middle class more closely, how they spend their money, how they want to spend their vacations, how they want to raise their kids. >> i think at the end of the day, we will all be talking about china. >> don't forget, japan is the world's third-largest economy. if the company that gave us "super mario -- it is the

company that gave us "super mario." >> i think the next james bond will be chinese and it will be played by jack ma. >>

>> the following is a paid advertisement for time life's video collection. ♪ >> hi, dean. >> hi there. [laughter] >> bob. >> from the battlefield to the white house, from hollywood to the heartlands, america's entertainer was bob hope. >> oh, this room is so dull and depressingig