nikkei in light of a vonger yen. india is up.he region, hong kong and china closed. european trade, ftse 100 outperforming. up 0.2%. in light of a softer pound. we have lost a bit of steam in european trade over the last half hour. we had only germany in the red and bigger gains for the uk. now only the uk in the green. slight declines for continental europe. >>> oil pricing, west texas and brent crude seeing declines. wti breaking a four-day winning streak yesterday. the brent also breaking a two-day winning streak. now as for the ten-year note, we've been talking about the yields were dipping further and further lower and lower. 232 basis points. that's down from the 240 that we ended the week last week. a flattening yeield curve which does not point to stronger growth in the future. as for the u.s. dollar, the u.s. dollar index has been positive for five sessions in a row. but did give back versus the yen yesterday. as you see, looking at some small declines across the board. then gold prices, seeing if we can check in on that

the nikkei average of japan has look at the markets.ed at look at the markets. the nikkei average of japan has opened at its lowest numbers since mid—january, essentially. down almost i%. really, investors are paying attention to the federal reserve minutes i told you about earlier that led to a decline of us stocks. again, a decline of us stocks. again, a decline in asia as well. the all ordinaries in australia are currently flat to be that is it for the asia business report. thank you for watching. —— flat. you are watching bbc news. the headlines. myanmar‘s de facto leader, aung san su kyi, has spoken to the bbc, defending her record over atrocities against the rohingya minority. president trump has called the deadly gas attack in syria an affront to humanity, and said it changed his view of bashar al—assad. a service of hope and reconciliation has taken place at westminster abbey, a fortnight after the attack on westminster bridge and the houses of parliament. nicholas witchell reports. two weeks after shocking events which occurred

the blue line is hang seng, the white line is your nikkei vix. we have seen this initial move into risk aversion. it depends on what the next steps will be our what happens next, whether or not we will see that second leg move back into the safe haven assets. david: we are seeing the nikkei very close to that 18,500 line, we last saw that in january. breaking the four month range. upsideemained on the despite the strength in the japanese yen. let's get details on markets in asia. you pointed out, we see that knee-jerk reaction. u.s. futures slumping, gold surging. 10 year yield of the lowest since september. the moves are not particularly large. the yen rose more last monday. there are questions about trumps policy and security concerns at the u.s. china summit. the markets have been looking for a reason to sell. asian stocks set for a second a lower. one of the only gainers today, chinese stocks slinging. lower, 1/1025 down of 1% of the market close. we do have the likes of singapore, new zealand and taiwan leading the drop. shares in hong kong

the nikkei down 0.7%.uropean trade for you as well, soft today and for the course of the week, we have germany and france in negative territory. the ftse was flat coming into today. but it's down half a percent. red across the screens in europe. >> the nikkei at a four-month low. >>> in other news, president trump is openly expressing support for the u.s. export/import bank. trump telling the "wall street journal" he plans to fill two vacancies on the bank's board. the agency helps u.s. companies do business overseas, guaranteeing loans for international clients. many conservatives criticized the bank calling it corporate welfare or crony capitalism. on the campaign trail he called the agency unnecessary, but in the interview with the "journal" he said it turns out that first of all a lot of small companies are helped, the vendor companies but also more importantly other countries give assistance. when other countries give it, we lose business. another sign, i think, he's listening to the ceos, ceos like j

we could see another pop-up for the nikkei with futures up 0.4%.d be the second gains, and ity of could happen. the japanese yen is weakening for a third conservative it session. i am shery ahn. ramy: i am ramy inocencio. looking at the business flash headlines, guotai junan has confirmed it is pricing its new shares at $15.80 hong kong each. the shanghai-based company is offering just over one billion shares would start trading on tuesday. this could help guotai junan recover from last year's 37% proper -- profit fall. shery: we are watching shares of hyundai motors and tia as they announced a recall of 1.2 million u.s. vehicles. the bearings between 2 and 2.4 four cylinder engines could wear, leading to stalling. they will replace the engine if necessary. neither company would estimate the potential cost. ramy: jpmorgan said home prices in hong kong are close to a peak and unsustainable. the bank's asia-pacific equity unit said prices have out sustained the growth since 2009 and any shock could trigger a tightening of the system and increasing bo

let's have a quick look at the asian stock markets, currently mixed, the nikkei down by 66 points butis flat to hire at this hour. this is after donald trump's dramatic tax cut proposal failed to lift us stocks overnight. 0n failed to lift us stocks overnight. on wall street the dow fell 21, the nasdaq was unchanged. thank you so much for investing your time with us, i'm rico hizon, by bye for now. the top stories this hour. the trump administration says it aims to force north korea into dismantling its nuclear and missile programmes through diplomatic pressure and economic sanctions. and president trump's economic team have unveiled plans for what they're calling the largest tax cut in american history. surrey police have beeen strongly criticised for returning a collection of shotguns to a man who went on to kill his partner and her daughter. 82—year—old john lowe shot christine and lucy lee at his puppy farm in farnham in 2014. a report by the independent police complaints commission has found serious failings at the surrey force, as our correspondent duncan kennedy reports. this w

the nikkei down about 4%.e s&p, asx 200, the us trillion index closing up .2 of 1% as well. poorlyties not doing too even as oil has its big slide yesterday that hit the markets in the u.s. let's get the bloomberg first word news with juliette saly. thank you. japanese exports grew at the fastest rate in more than two years in march supporting a moderate economic recovery in the face of weak domestic demand. exports rose from a year earlier almost double expectations. , thets jumped 15.8% biggest gain in more than three years leaving a trade surplus of $5.64 billion. the u.s. secretary of state has heavily criticized the 20 15th nuclear do with the red. rex tillerson said it only delays the country's ambition to gain weapons of mass destruction and did not take into account its role in sponsoring terrorism and destabilizing other countries. the announcement is the strongest signal that president donald trump may walk away from the agreement. french companies are preparing for the worst amid the growing prospec

the japanese nikkei closing down. hang seng down by 0.7.he chi naez marketnese market, green there. some important export data coming out of china tomorrow. >>> european equities, let's look at how stocks are trading in europe. eurozone industrial production slumping. that's a rare set back in the eurozone economic recovery. stocks mostly lower. the ftse 100, the out-performer up about 0.4%. we saw inflation data come in 2.3%. so steadying a bit. >> yes the uk. notable thing about that, it's the second month in a row above the bank forecast of 2%. just raising those possibilities that the loose policy we've seen from the bank of england since brexit may have to be changed at some point coming soon. >> we've already seen some dissenters voice opinion on that topic. the pound, sterling climbing after we did see that uk inflation data come out. switching focus to russia. russian stocks rebounding today after seeing three consecutive days of losses. the syria conflict putting the united states and russia at odds. that's why there's so much focu

i'll appear as a nation the nikkei in japan up 1%. hong kong hang seng up 1.3%. shanghai composite index in china pales in comparison one 10th of 1%. korea's kospi up a full percentage point. lauren simonetti yesterday to trim six cac quarante ) under points. dax and germany has enough era. in the great nonetheless. featuring two durable goods on thursday, gdp on friday and 200-point game yesterday for the dow positive for april for stocks and dow futures this morning a 45 s&p futures at three. trade to oil is trading higher but below $50 a barrel. gold down $5. 12.71 at tryouts. nicole: a weak u.s. dollar against the euro and the like. the euro and you keep on stronger this morning while the canadian dollar, mexican peso japanese yen weaker against the greenback. over the operates in shopping list that the "financial times" reports a privately held u.s. supermarket company has held preliminary talks at baker's senate senate bid for whole foods. the news comes weeks after hedge fund took a nearly 9% stake in the high-end grocer and pushed it to consider possible

a close correlation between the nikkei and the japanese or the inverse correlation and therefore, ifou see a strengthening of the yen, this will be negative, but also i would like to point out that the strengthening of the yen is not just something that happened today. it has been going on now for, you know, the last 10 days or two 110.about 115 this is related to the broader issue of the strength of the u.s. dollar, and i think this will come back, and therefore, once the immediate reaction is over, we will see a reversal. perhaps not a very fast rivers, but a reversal of the strength of the yen. quickly, and not to trivialize of course the event this morning, if i had cash sitting on the sidelines leading up to today, do i deploy a cash now? guest: yes, i think so. as i have said, these are, you know, usually, when people talk about this metaphorically, about blood in the streets, that is a good time to think about investing. you have to think about where is there an opportunity. i see a good opportunity in korea. we had great results from samsung, which is the korean index. i woul

the nikkei news says they are questioning internal control that toshiba's bank. nina: the accuracy of past earnings statement, and the 2013 acquisition of a reactor construction company. toshiba has twice delayed filing earnings and another postponement could affect its tokyo status. needs to sell assets to cover the in losses that areinghouse and the bears lining up for the unit. the government wants the business to stay in japan, but the leading offers are from abroad. companies have submitted bids of around $18 million, but is said to beny prepared to pay as much as 27 billion. it could avoid the risk of policy normalization by changing the game when it is time to tighten. today ohio, says instead of raising the field yields target for 10 year government bonds, set out above zero, governor kuroda could switch his target to yield on bonds of shorter duration. global news, 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i nina melendez. this is bloomberg. ramy: thanks very much. u.s. stocks ended the day little chan

up 1.3% on the nikkei 225, dollar-yen of of 110.th the latest first word news. the independent centrist emmanuel macron his through to the second round of the french election with projection saying he won the opening round. the interior ministry suggest 23.8% of the vote with the anti-euro, anti-immigrant leader le pen and second 22%. survey suggest that macron will win the second round. the euro touched the highest since november. toshiba is spending off four in-house companies into separate units that will involve infrastructure and other operations and combined energy operations with its nuclear unit. toshiba is looking to sell off its profitable flash memory chip business to recover for multi-billion-dollar losses at its westinghouse unit. has cut back the austerity program that cut bonuses and allowances for state employees and sparked criticism from people accustomed to gender state handouts. the government said the perks because theyled have produced the budget deficit. global news 24 hours a day powered by more than 2600 jou

that boost, the nikkei right now 18,000 as they settle in for the close.to take a look at oil, at nymex crude, wti. a little bit of again for oil and loss for gold. crude oil up .5%. to 1253.s manus: matt, thank you. some headlines coming across the bloomberg terminal, from the fda in regards to jes staley, the ceo at barclays. aey're issuing mr. staley pay adjustment. jus thee's a reprimand over whistleblowing probe. a number of headlines coming in in regards to staley the ceo at barclays,. we will get a little bit more on this story and will break it down. let's go to juliette saly, standing by. juliette: manus, thank you. u.s. secretary of state rex tillerson has said america isn't interested in regime change in north korea. the comments came as warships were diverted to waters near the country amid heightened tensions over its nuclear weapons ambitions. theerson also said that country must stop all weapons testing before further diplomatic talks can take place. elsisin president has created a powerful new antiterrorism body after church bombings by the

elections in france, right now the nikkei in japan up 1% today. bank of japan, keeping monetary policy there according to governor and also hong kong hang seng down fractionally, shanghai composite up fractionally, korea's kospi up three quarters of 1%. lauren: investors are looking to the french election. we did get two pieces of economic data. manufacturing jump to go 72-month high. quite a different story than germany. the ftse is down 2 points. cac in pa race after isis attack down 47, the dax in germany down 13. nicole: what will we see for futures, mcdonalds, hit record all-time highs yesterday. dow jones industrial down 6 and s&p up 1. lauren: oil down fifth day in a row, down 7 sents. gold down fractionally, 12.23 an ounce. nicole: tesla has announced its biggest recall ever. the electric parking brake on cars built between february and october of 2011 may contain a small gear that could have been manufactured improperly, fewer than 5% of the vehicles may have the defect and total production was 84,000 vehicles, tesla shares were down 1% y

lauren: japan's nikkei jumping 1.5%. the shanghai composite.icole: sharply to the upset on the front of the suggest to a bill. the lauren cac quarante with 2%. lauren: to your chart election results. over the monday, $24 billion merger of the medical supply business. lauren: in sports, nba playoffs get hot. isaiah thomas leads the boston celtics to the chicago bulls tie in that series are the houston rockets fight their way to a three to one lead over the oklahoma city thunder. trade two good morning. 5:31 a.m. in new york trade monday, april 24th and we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: breaking news this morning. two political insiders whining the president's boat in france. in the peasant centralist emanuel macron celebrating his victory has first-round presidential election. 39 former economy minister and investment banker. also pro union. sadly prompting to make friends by business friendly. they will face far right nationalist marine le pen with 97% of the vote now counted. macron has 2

the nikkei up 1.1% over 200 points.ain in hong kong with the hang seng in south korea with the cost be the shanghai in china at the fifth of 1%. trade to tomorrow big day as well as the ecb meeting. european central bank. right now then insisted on fractionally. cac quarante in france ahead of this may 7th election of 5th of 1% of the german dax down fractionally. lauren: the nasdaq at an all-time high. s&p second highest close in history. this morning he gave her door features gave her door features of 11. nasdaq futures of four. s&p futures up slightly. tradeshow booth during 49.50 down 6 cents. gold town just over a packet 12.66 a troy ounce. lauren: shares of apple, facebook, amazon and microsoft did it again for the nasdaq which is 12% this year. is it time to pull back or is there room to run? joining us now, art hogan, chief strategist at wunderlich security. good morning. >> good morning. thanks for having me. lauren: 17 years after posting 5000 nasdaq crosses 6000. tell us how this move is different from back i

here's a look at the nikkei higher by seven tenths of 1%. the hang seng in hong kong were in hong kong lower fractionally. shanghai composite lower by five tenths of 1%. lauren: in europe committed g-7 foreign ministers begins a one of their meeting today. france's official campaign for the election begins today. but that come in mixed reaction. to see a three-point landing. cac quarante down three-point. lea: u.s. stock market futures higher by 10. as to be higher by one. nasdaq futures higher by two. lauren: oil prices are firm in at $52.60 a barrel up about 7%. gold given that two bucks, 12.55 a tray on spirit and very busy week for investors coming up this earnings season gets underway and political risks around the globe strengthening. joining us now, break you in, chief market strategist at first frankly. good morning to you, sir. >> good morning. how are you doing today? lauren: "the wall street journal" says we are expecting the strongest quarter for corporate profits in six years. are these expectations too high? >> you know, i real

the nikkei in japan upon 10th of 1%.i composite index despite growing gdp numbers in china. shanghai composite index was down three quarters of 1%. cost became top of 1%. >> before good friday, cap futures lower by 23, nasdaq futures lower by five. checking in on key commodities. oil 52.751043 cents as gold gains for bucks. 12.92 a troy ounce. >> remembers when no longer feel antipathy for civilian passengers on over booked flights. under the new policy, they have up a 60 minutes before departure. the change comes as the airline faces massive criticism and a large drop in market share after the video of a bloodied man being dragged off of united flight cause significant backlash. investors could is "after the bell" today. and analysts will be listed on the conference call for how the ceo oscar munoz plans to frame the crisis to the investors. we'll also hear from netflix after the close of trading kicking off earnings season. video streaming giant is to push sharply higher earning shared from a year ago when improved rev

the nikkei down 0.10 percent. reporting this week. at the nikkei 225, some laggards of note.over 9%. the chipmaker dropping. nec.ame picture for let's take a look at another have thisocus, we do one. down over 3%. after gaining on thursday to the highest level in almost a year. have lowered their estimates for the first quarter. i want to end on a stock in sydney. rejecting acompany cash bid. they are agreeing on a merger. we are seeing shares dropping in sydney this morning. betty: take you so much. -- thank you so much. improving thepan economy and inflation are improving, but no signal it is time to exit the stimulus. haysng us now is kathleen to sort through what we saw in terms of retail sales, household spending, and the jobs market. kathleen: very important numbers for the bank of japan. they are counting on the labor market to remain strong and get stronger in order to help host inflation. s start with what we saw because we did see numbers on the jobless rate and the jobs to applicant ratio. the jobless rate held steady at 2.8%. very tight number. jobs to applicant r

the nikkei in japan by 1.4%. hang seng in hong kong done half of 1%. trade to the check on europe right now. all down arrows. the german dax and london ftse down half a percent. transfixed down two tenths of 1%. lauren: u-turn, dow futures are flat three points. s&p futures domestic features a point each. nicole: checking in on commodities. oil up 9 cents. 51.23 parent and pull up more than $7. after a recent photo scandal involving the marines, facebook is taking stronger measures to regulate so-called revenge on its site. facebook is dedicating a team to review photos and will disable accounts without warning. i will also use photo matching technology to keep offending images from being used again. the content violates facebook policy and images in violation of that standard. lauren: howsoever slip washington without a replacement for obamacare. vice president mike pence is still. >> house republicans are united to keep the promises made to the american people used to go to repeal and replace obamacare. lauren: what does the health care delays mean f

the nikkei up 1%. hong kong roughly flat as well. look at where europe is now.eing lower broadly across the board france down by the most after that shooting yesterday despite the fact that eurozone pmi expanded to a point not seen in six years. so there are bullish signs about the european economy. but there are jitters about the election and about a terror investigation into that shooting in france yesterday. >> strong week for the nasdaq yesterday in particular coming off another record high, heading to the best week of the year. tough week for oil. let's show you prices. down about more than 5% for the week. they're unchanged here in the premarket. as you can see, it's brought wti crude back around the $50 a barrel level. 50.72. brent around 53. nat gas pops a half percent. yields ticking higher yesterday. unchanged this morning. 2.24. don't have much in the way of economic data today. the big earnings mover will be general electric. as for the dollar, strong euro ahead of the french vote which some are framing as a referendum of france in the euro with the

nikkei futures looking like this.ack after they fell to the lowest level since december, also trading down 2/10 of 1%. the japanese yen gaining momentum. unchanged, but selling below the 110 level. that is an early look on what we can expect in the region. wall street did not look too good. no, the s&p 500 fell to its lowest in two weeks. we will see what happens moving ahead. the volatility could be fairly high because this is a shortened week for various holidays. we will take a look at that over the course of this hour. but first, first word news with courtney collins. >> president trump says the syrian chemical attack was the work of a butcher. and that it is unlikely moscow do about it in advance. rex tillerson met with russian foreign minister sergey lavrov and warned that relations between the countries was dangerously low. rex tillerson had a meeting at the kremlin with vladimir putin. >> the current state of u.s.-russia relations is at a low point. there is a low level of trust between our two countries. fore

liking theustralia stronger yen in the nikkei down by over 1%.ustralia's market also being hurt in iron ore. interestingly, korea still holding onto gains and adding to them yesterday was the first win in seven sessions. we've seen more calm in terms of deal political concern regarding korea. i want to show you a chart of two chinese stocks in focus. the shanghai stock exchange. investigating the big drop coming through. quite a big impact on the market at the shanghai stock exchange certainly is one to watch as we see those come back and recover from the big selloff. david: thank you. a quick look at what we're doing. look at the spread. at -- iron ore futures traded. metric ton. up by a third of 1%. it has really come a long way down as far as iron ore is concerned. >> it has been a year since the delete runs -- the deputy prince of self -- saudi arabia ready revealed his plan to shift away from dependence on oil. is partormation program of the blueprint to drive those changes. great to have you back on the program. they have pointed to the as

a see some weakness coming through in the nikkei. so seeing a little bit of weakness come through in the china hong kong market and australia which is pretty flat session.nd out the this is a market that has been hot -- hit quite hard. most sensitive to the reason geopolitical worries. let's have a look at the stocks that have been moving in the session. looks like this could be coming to a close. this is a defense stock in japan. thereg how much of a buy is and quinlan energy leading the decline on the eight share market in hong kong taking the reason lost to about 7%. we have china ppi and cpi data coming through. factory prices rising once again. we have had this rebound coming through in the last few months. it didn't come off the highs that we saw in february, 7.6 in march year on year. you are seeing some weakness in iron ore. our own analysts saying that you could start to see ppi started to wane off a little from the highs we saw in february when it was the fastest growth in 2008. manus and matt. the --ascinating stuff, check

i asian -- nikkei asian stocks had a difficult time as the yen showed some strength.playing in -- piling into asset.ven you can see that on the vix, otherwise known as the fear gauge, protection against falls in the s&p 500 futures. here you can see the chart over the last few years. as north korean spikes, the vix back up. guy: yesterday in the options at the end, a little returning to markets. this morning, we expect a positive start. market makers not pushing on the accelerator too hard at the moment. we have generally been in a risk off environment. 73 71, we will see how the cac opens up to get a sense. expected to be a little firmer. let's talk about what we can expect throughout the day. how the guilt is trading -- gilt is trading. manus: if you check in on the shanghai composite, we are down commodities on the lower end of the index. you have the ppi numbers just coming back, 7.6% down from february. still the highest pace of inflation pushed through the -- since 20 -- 2008. looking for reasons to pull back, looking for reasons within the geopolitics to hesita

the nikkei fell 1% of our bye week on the sector.asses for it to become the country's second-biggest automaker. nicole: good night aol and yahoo!. verizon will combine the two companies and collect oath. in sports, what a game. scratches and claws their way to a six ncaa title over inside. >> it's all about density. we need to prove we are one of the best in the country. lauren: all about redemption. nicole: 5:31 a.m. in new york that we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: fox news has signed former president upon the national security adviser susan rice was the one who requested the identity of trump associates be unmasked an intelligence report. fox news senior political analyst brit hume on the o'reilly last night. >> i think we can safely assume there's something to this. susan wright asked for comme apparently has not responded if this were not the case she probably would be quick to say so. we can conclude definitely this is the real deal, but there's real evidence and it certa

so business sentiment is improving in japan and that has boosted the nikkei slightly.i want to tell you about the fact that... more than a third of british people are physically inactive, increasing the risk of heart disease and costing the health service more than a billion pounds a year. research from the british heart foundation reveals that women are more inactive than men and the north west of england is the area of most inactivity. graham satchell reports. harriet had no warnings or symptoms. she was climbing the stairs at home when she had a heart attack at the age ofjust 44. it was like having the rug pulled from under yourfeet. i have a young family, a job i loved and to suddenly be disrupted on such and to suddenly be disrupted on such a dramatic incident was very difficult dog i did not make time for activity or exercise so looking back i was very saddened tree. research shows the most inactive pa rt research shows the most inactive part of the uk is the northwest of england were 47% of adults do not do enough exercise. followed by northern ireland. in wales

nikkei 225 just going into the lunch break. there we go, 0.7%.n, and singapore. the rest, nothing very interesting. up, we are going to be talking about casino operators because we are back in the game. starting to thrive again after president xi. this is bloomberg. ♪ i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business. ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second. you wouldn't pick a slow race car. then wh

the nikkei is up byjust 1.0%. --0 .1%. in the us, wall street ended the first quarter in the red.. thank you for watching. you are watching bbc news. the headlines. in colombia, headroom —— —— in colombia, hundreds of rescue workers and troops are continuing are continuing to dig for survivors of landslides that have killed more than 200 people — including dozens of children. australia's four year—long inquiry into sexual abuse by catholic priests draws to a close. tributes have been paid to the civil rights campaigner darcus howe who has died at the age of seventy four. the writer and broadcaster campaigned for black rights and against racism for more than 50 years. our correspondent elaine dunkley looks back at his life. in the fight against police brutality and racism, heroes of a struggle were born. darcus howe, a prominent figure in the british black panther movement. in the 19705, he was arrested, charged with inciting a riot with a group of activists protesting about police harassment at the mangrove restaurant in notting hill. it was a completely non—event. until you looke

to nikkei to 25, cash nikkei 25 -- we have this visit by mike pence taking place in south korea, moving trip, as well. of the u.s.sis government's decision not to label china a currency manipulator as president trump links the turnaround to beijing. ♪ ♪ it is 10:29 in singapore. china's growth accelerated for second straight quarter has investment take up and retail sales rebounded. gdp expanded 6.9%, while fixed asset investment grew above 9%. furthersales up 7.6%, cementing a rebound has investment is fueled. the world's biggest ship builder has won the backing of bondholders after a restructuring plan put forward by the korean national bank agreeing to a proposal for 175 millionup with in bonds maturing this month. the company met creditors and could have gone into receivership that the plan had not been met. the death toll in sri lanka 26 with 20 still buried. came down asp people were celebrating a local new year. 78 homes destroyed, and 150 damaged. say they have been protesting for years about the danger of the site. magnet suingning george soros, claiming he lost $10 billion of

up 3/10 of 1%, that is pulling down the equity markets in japan as the nikkei is below the 19,000 thresholdone market that is firmly in the positive, indonesian now at a record high. is losingkorean won ground. gaining 2/10 of 1%. when it comes to the sovereign debt market in asia, they are rounding the yield one eighth a basis point. decision coming up with will be discussing that. a consensus of a hold on one and a half percent with our guest, coming up next. big story hasher been a downgrade that south africa faced. ast came late in the evening south africa and uae time. that really knocked around the shoulders. south africa you -- losing its investment grade and now ratingy facing another downgrade. it tells the story of what has been happening with the south african rand. i have also put some of the moving averages here live for you to watch. your 100 day and 200 day. it has broken through the 30 and 100 day. i circled that for you. that was in november. the warning of the deterioration, again, s&p doing the same thing. comments we get from moody's as they review the outlet for south a

. >> nikkei's foreign secretary canceled a check to moscow over syria.e dropped the trip to an apple u.s. secretary of state rex tillerson to deliver a clear and coordinated message to russians. he was ridiculed by come in the u.k. for being a poodle to the white house. a second weekly gain after briefly spiking following the u.s. strike on syria. they settled at their highest levels in almost a month, while the market digests implications pricesattack on syria, continue to boost. they next meet envy and a on may 25. the u.s. commerce secretary's former investment company has made a big bet on china's steel industry even as he challenges alleged dumping of chinese steel in his new job. wilbur ross is still divesting his stake in the firm he founded. the firm said it would start a joint venture with china still $11.5investing up to billion in underperforming steel assets. toldeo of ford has bloomberg he is optimistic about trade dream the u.s. and china following president's meeting with his counterpart gq bring -- xi jinping. call this year is the indust

just check our markets and you can see the nikkei is off.have seen the stronger yen play into today and you have generally been seeing this off rate on hold today. coming down on this close and reporting this in march with toshiba facing pressure on further financial aid. aversionee this risk across the equity markets and we and you saws hold the number of dwelling isat falling. stagnant and the concern with the currency. it will be interesting to see that at that dinner later today. >> let's turn the focus to the theresa mayions of walking away without a deal. >> it is said the failure to reach an agreement with damage the u.k. and the eu. . about what you are seeing and how much of a risk this is with european growth. think they is a good story and it will remain for a few more months. if you look at the earnings, and this is coming through with those following and you have the global investors doing this across the active and passive seen thes and we have significant rebound. yet, but have not seen that. outflow and i look at the believe

we have the nikkei swinging into the 10, down 1/10 of 1%. when we look at the deepest regional picture, we have singapore stocks on the decline, falling the most since march 9. taking a look at currency reaction we do have the yen continuing to rise. falling after the days earlier events, falling one half of 1%. others taking a hit after the launch of that missile strike. we have a movement in the commodities space. take a look at the way oil prices are moving, surging 2% higher earlier. new york crude and both fronts jumping in the wake of that news. new york crude up above $52 a barrel. take a look at the way gold has been moving. bullion surging, futures climbing as much as $12.66 an ounce. yen. take a look at the as we were playing the press conference from president trump, we saw them deepen to the 20 level, the dollar-yen shuddering in the wake of that news. let's look at the way u.s. futures are faring. gains pumping as much as 0.7%. let's take a look at the u.s. 10 year yield. we had a falling as much as four basis points to 2.31%. t

as you can see, the nikkei is a third a percent, due to the weakness of the japanese yen against the they got .3 of a percent, that is 16 .5 points. thank you for investing your time with us. sport today is coming up next. you are watching bbc news. let's get more on george osborne's announcement that he is standing down as an mp. from political big beast to big city editor, and the greenest hack in the newsroom. the new boss in fleet street chooses to see his future as moving on, not coming down. george osborne told me today he will use his new role to fight for his liberal conservative views against any harsher vision of brexit. myjob as editor of the evening standard is to speak for london, speak for my readers, speak for this country and its future. our country's got some big decisions to make now about the kind of britain we want to be. and those values of openness, tolerance, diversity and enterprise, they are the values that i hold dear. they are the ones i fought for in government as chancellor, fought for in parliament as the mp for tatton and now i'm going to fight for them

but the nikkei is open. we are seeing toshiba being driven down by about 8% there.bring up—to—date with our menus. speculation is now on that pyongyang may be preparing for its sixth nuclear test, to coincide with its most important national holiday. a record number of people who went to a&e departments this year had to wait as much as four hours. spring is here but the nhs won't forget this winter in a hurry. more patients coming in, problems moving them out, even if they were medically fit, and intense, relentless pressure. hospital managers here like many others say it could have been even worse. it has been very difficult. the hospital has been functioning most of the time at 100% occupancy. that has put a huge strain on the services. i think it is important to note this was a mild winter. we haven't had a large flu epidemic. despite that, it has been very tough. the latest figures for england show longer waiting times over three months of winter. 135,000 people had to wait longer than four hours to be found a hospital bed for a&e last winter. thatjumped to 196,

japan's nikkei up byjust over .5%.ed by its neighbour north korea. in tokyo, once again, we will be monitoring this toshiba shares. they are recovering after sharp falls on monday and tuesday. the energy sector is leading the game on wall street. that's it for this edition of asia business report. thanks for watching. the top stories this hour: the us has accused syria's president of brutal, unabashed barbarism, after an apparent chemical attack left at least 58 people dead. one of the worst atrocities of the syrian war has sparked global condemnation. the un is set to stage emergency talks. a married couple in county armagh have been jailed for the sexual abuse of a woman they held captive for eight years. the victim had severe learning difficulties and when she was discovered by police weighed just six stone. chris buckler‘s report contains some harrowing testimony. for almost a decade, this estate in craigavon housed the secret of serial abuse. inside their home and hidden from view, keith and caroline baker kept a

the nikkei 225 on the rise, the volatility gauge trading near two-month highs, but today softening somewhatidi: thanks for that picture. let's did to first word news with paul allen in sydney. bonds fell after the r.b.i. unexpectedly raised its reverse repo rate while keeping the benchmark unchanged. fromis the latest surprise the central bank governor. the central bank says underlying inflation pressures persist, especially the services sector. they raised the reverse repo rate 25 basis points to 6% after shifting its monetary status to neutral. thailand has rebuffed president trump come a it is not manipulating the baht. the central bank governor responded to the decision to investigate thailand for possible trade abuses. he says the bank intervenes in the fx market at times but says the currency has strengthened, prove it is not trying to keep the currency weak. >> there is no evidence that thailand has manipulated the currency. at times, we might have to intervene in the foreign exchange market, but that is largely because of intense capital inflow on the receiving end of. the king of t

that helped the nikkei overnight setting the tone here. 11 111.27.ittle firmer against the euro. a fractional gain. the pound at 1.24. gold had a strong day on friday after the geopolitical tensions. 1255 an ounce. it's a little weaker this morning. in corporate news, uk rerggulats are investigating jes staley and the bank over its treatment of whistle-blowers. this comes after an anonymous letter criticized, staley. >> not much movement in the share price on the back of it. the board is still relating he keeps his position as ceo in the outcoming in may. certainly not a nice pr story but not too significant. >>> and swift and knight transportation merging in a deal to combine two of the largest trucking company, from "the wall street journal." the deal will be announced today. swift at 20. and the largest deal in the trucking business sense xpo bought conway for $3 billion in 2015. >>> now to wall street's agenda this week it's sort of a light one, but fed chair janet yellen speaks at the university of michigan this afternoon. she's participating in

let's have a look at the markets before we go because as you can see, the nikkei is down 1% already atg in and out of positive territory right now, they are up around 0.5% at the moment, a lot of conflicting talk about where the company is headed. that's it for this edition of asia business report. i'm sharanjit leyl. thanks for joining report. i'm sharanjit leyl. thanks forjoining us. you're watching bbc news. the headlines: the us secretary of state rex tillerson is in moscow trying to persuade russia to abandon its support for syria's and grow sad. after telling a press conference that adolf hitler didn't use chemical weapons, there are growing calls for white house press secretary sean spicer to resign. ministers have been accused of not having a proper plan for the future of the natural environment. publication of the official 25 year strategy for nature has been repeatedly delayed and isn't now expected until the summer. but critics complain it's devoid of policies, as roger harrabin reports. english woodland in its springtime glory. the report aspires for everyone to be able to

nikkei lower by one-third of 1%. hang seng lower by almost a half of 1% and kospi lower by two tenths of 1%. lauren: euro zone inflation rising more than expected. the cac if paris up 7 and dax in germany up 10. lea: u.s. stocks close higher, u.s. stock market futures, s&p higher by fractionally and nasdaq lower by 2 points. lauren: end of trading week, end of month of april, nasdaq is up six months a row. we have not seen a gain for nasdaq. we haven't seen a stretch like that in four year's time. let's show you commodities, oil has up arrow of 53 cents. it's on track actually for secondly weekly loss. gold up, 1,268. lea: the company set first-quarter profit jumped more than 40% from a year ago from eighth straight quarter in the black. alphabet google parent rallying more than 4%. alphabet revenue drove up by mobile advertising and youtube service. microsoft shares falling half a percent. quarterly profit surged driven by strong demand for cloud-computing services. lauren: is tech rally ready to keep on rolling? le

the nikkei down seven tenths of 1% ae shanghai composite in chinatown fractionally.nvestors focusing on big earnings today. jpmorgan chase, citigroup, wells fargo and others reporting. we'll tell you what to expect. trade your orders for the same sun galaxy gate have been strong. has the company put its exploding phone fiasco in the rearview mirror? lauren: boston celtics made earning a top seed in the nba playoffs. the new york rangers and canadians in their first playoff game. lea: it is 5:31 a.m. in new york on thursday, april 13th. welcome to "fbn:am," your first look at morning markets and breaking news. we've been talking on learning that it feels like a friday. lea: they do have breaking news this morning. president trump offering better trade in terms of exchange for help on north korea and the situation in an interview with "the wall street journal," the president said it's worth having deficit and worth having not as good a trade deal as would normally be able to make. the president said he will not label china a currency manipulator but the u.s. dollar get

lea: japan's nikkei index down three tenths of 1% and china's shanghai composite ended higher by six tenths of an%. lauren: united airlines removing a passenger from their seat. we will have the latest on the story. lea: after the investor pushing all those due turnaround efforts are put to grocery up for sale. >> chicago cubs hoist the world series championship flag at wrigley field and miami heat rallied to beat the cleveland cavaliers and keep their playoff hopes alive. lea: 5:01 a.m. in new york city. welcome to "fbn:am," your first look at morning markets and breaking news. lauren: thanks for joining us. good morning. secretary of state rex tillerson scheduled to arrive in moscow after attending the g-7 foreign ministers meeting in italy. his visit to russia comes at the white house issues more warnings against syrian government. >> not just here, but the world saw last week and a president is going to ask decisively and proportionally in the justification when it comes to actions like that. i will tell you the answer is if you cast a baby, if you put a barrel on into innocent p

the nikkei up a little bit. hong kong is up a little bit.nese and taiwanese markets are shut for holiday. several economic reports coming ought of europe this morning. uk manufacturing falling short, 54.2 versus the prior month of 54.6. and expectations it was going to rise. soften nicely by 50. across the continental data better. the german pmi came in at 58.3. and expectation of 55.4. and lastly, overall, the manufacturing number coming into 56.2 showing the fastest growth in 71 months. so the take-away from that is strong for the eurozone. strong and a little disappointing for the uk. markets for europe, as you can see, a little bit mixed today. i'd say the difference isn't for the first quarter of europe versus u.s. equities is that we didn't get that pulled back in march. we still saw gains in march. if you want to accentuate that, the banks were the big ones to pull back in march. they were the big ones to gain in europe. that explains a snapshot of where valuations were. europe playing catch-up and having similar 5% gains for the quar

japan's nikkei down by 0.6%. on reports it might miss its earnings deadline again. that is all from this addition of asia business report. thank you for watching. you are watching bbc news. i'm babita sharma. that's bring you up—to—date with the headlines. russia is in mourning after an explosion on a metro station in saint petersburg, which killed 11 people and injured dozens more. authorities say it is a terrorist attack. after a devastating landslide, calabrian authorities bury the dead and bring in emergency water supplies as they raced to avoid the spread of disease. —— colombian authorities. four men and a colombian authorities. foui’ men and a woman colombian authorities. four men and a woman have appeared in court charged in connection with an attack on a teenage asylum seeker in croydon, in south london. sioux others have been charged in seven people who have been arrested remain in custody. —— two others. police say up to 30 people were involved in the incident on friday night. the 17—year—old kurdish i

we are seeing a strong yen having an impact on the market, the japanese market, the nikkei already lowerwe have already also heard president trump staying overnight that the us dollar was too strong, and that he would prefer it if the us federal reserve would keep interest rates low. meanwhile, the world trade organization says low. meanwhile, the world trade 0rganization says local trade is expected to pick up slightly this year. the wto says the value of goods shipped around the world will increase by 2.4% this year, and potentially grow even faster in the next two years. this is up from a very wea k next two years. this is up from a very weak i.3% expansion in 2016, but very weak 1.3% expansion in 2016, but the trade body also warned of potential risks to its outlook on trade, which include the danger of protectionist government policies in response tojob protectionist government policies in response to job losses. 0ur correspondent has more on the wto's numbers. they crept up the numbers a bit but it means we are on the right trend. and what i read from that is two question marks ove

some gains for the nikkei, are almost i%. it's reversing the four—month lows. between trump and xi jinping. a because of the ongoing meeting between trump and xijinping. a lot of investors watching that. that's it for this edition of asia business report. thanks for watching. let's bring you up—to—date with our top stories. china's resident has arrived in florida and held his first meeting with donald trump. —— president. the americans briefly —— previously said they wanted to use the opportunity to discuss north korea's missile programmes. the basque separatists movement eta said it would disarm this week, formally ending the conflict with the spanish state. an inquest has opened into the death of a british airways pilot. —— british airways. 43 year old richard westgate had complained for years of severe headaches and vision problems, and was convinced he was being poisoned by toxic fumes leaking onto planes. duncan kennedy reports. when this 43—year—old pilot date aged 43 it came after he complained after long—term health problems but he said were due to brea

the nikkei 225 of .25% of that beat that we saw.e have seen since january 2015. we saw a jump in export -- imports as well. wesee a bump your as continue to watch where oil goes from here. we saw the u.s. asked inventories advance for the month of march. betty? betty: that's right. and a minute, we will get a rare and excuses that exclusive interview with a high-ranking former chinese currency regulator. that is next. singapore, half an hour -- 8:30 in singapore. betty: i'm betty liu in new york. that gets in the first news of paul allen. paul? paul: welcome boost with japan exports and imports have both in march.pectations 12% from a year earlier, doubled expectations while imports surged almost 16%. the trade surface was $5.6 billion, in line with forecasts. the u.s. economy keeps growing from a moderate to modest rate over the past couple of weeks. it is maintaining its steady expansion without the rapid pickup that would reflect a search and confidence among consumers and businesses. vice president mike pence has told business l

the japanese nikkei down 1%. the hang seng in hong kong up about 1%.ost is south korea a quarter of 1% and the shanghai composite in chinatown have the 1%. lea: markets open slightly higher. the foot in london by 26. cac quarante in paris higher by 20. lauren: one plaster the dow fell 145 points. dow futures higher by 12 points. s&p up. s&p f1, nasdaq up three. lea: oil higher by 26 cents at $53.6 a barrel. gold higher by $2.30 at 12.76 a troy ounce. lauren: will find out how busy shoppers were on friday when retail sales for march are expect it to follow 10th of 1% after rising. let spending get a boost from tax refunds starting to come back? journey to discuss that in the state of the overall economy coming rate mcbride, chief financial analyst at bank rate.com. we signed the jobs report for march that the retail or slashed thousands of jobs. do they expect retail sales to be solid? are consumers going to hold up the industry? >> i don't and it's going to blow anybody care about. you don't cut 30,000 jobs if you have a gangbuster salesman. the conser

that's according to a report by nikkei.rd yet on what the two parties will discuss, though manufacturing and trade are likely to be top of the agenda. coming up, our exclusive interview with the ceo of boxed. how the startup is planning to take on amazon in the battle for household goods. and just to recap one of the biggest tech earnings of the day. alphabet shares popping in extended trading. we just heard from alphabet's ceo on the investor call, addressing the youtube ad backlash. >> brands and agencies understand how hard we work to create as safe as possible and environment. we do this while being very careful to ensure youtube's innovative creators can earn uniqueo support their and popular content. we have been actively engaged with conversations with clients about the new tools we are providing, and we are having very productive discussions. ♪ areline: amazon shares continuing to surge on its impressive first-quarter earnings report. one company that perhaps might be so -- not so daunted by this competition is boxe