i'm angie lau checking our markets.fractionally lower despite s&p and dow hitting the 17,000 mark. the new zealand dollar spot is weakening. 87 u.s. cents. let's head over to japan. red.is the picture in the futures in chicago pointing to a higher open. the dollar-yen is weakening on u.s. dollar strength. after the robusta jobs report coming out of the u.s. just when you thought things couldn't get worse for and you mobile -- nq mobile, it did. usid inglis here to tell again. >> there is always something new that comes out. story?he same old >> here is the statement. we will get to the details of that. two things. first, the head of the board's audit commission. stepping down for personal reasons not related -- that is what the statement says. you had the auditor. it is not part of the investigative team. they are basically saying they need more time, they need to expand the scope of the review of the company's 2013 financials. which they have not released. things,ake those two more than that is speculation. but that is

i am angie lau.stigators at the sight of the downed malaysian plane say their access to the scene is being restricted by gunmen. rebels say they have retrieved the black box flight recorders. paul allen has this report as the pressure grows on russia to help establish what happened. >> inspectors have got a closer look at the remains of mh17. three days after it was shot down over ukraine. they were not alone. heavily armed separatist rebels shadowed their every move. bodies have been continuously removed from the site since the day of the crash. >> earlier today, we were at the seenay station and we have trainsnessed ourselves loaded with 196 bodies in refrigerated conditions. >> this is the train containing many of the bodies that provides further graphic evidence of the challenges here. it is also guarded by armed russian separatists who have guns, but no uniforms. their intent is clear, even if their chain of command is not. >> our obligation is to secure this training, to prevent strangers from

i am angie lau. again, the country's economic model has been questioned.ained why he remains unconvinced. >> the data just shows that the credit spigot is completely wide open. more and more credit is going to support less and less growth. the chinese economy, based on construction, charlie, is really any faction or growth. the minute you stick a shovel in the ground and put up a building or a bridge, that counts as gdp. the problem with that model is, we finished building it, you have to put up another one. it is not based on ongoing consumption. this reform that the chinese optimists felt was coming for years ago is still elusive. many of those buildings -- a lot of them will never be economic. fromd economy has grown gdp growth of double digits of 11% onto seven plus percent. >> we have to color this with the concept that china is the only major industrialized nation that knows its annual gdp on january 1 of that same year. >> because? >> it is what they say it is going to be. >> they make it would they save is going to be or what they say it is going t

>> i am angie lau. whylegendary bear tells us he is unconvinced about the economic model and claims of growth. things are not the way they used to be in japan. what followed exports say about autonomic. though leading travel dekes the nations -- the leading travel destinations. -- what the falling exports say about autonomic's -- abenomics. >> we all love to travel. let us take a look at the markets. in hong kong, we are seeing a very nice change for chinese shares. they were lifted. -- we are saying the hang seng capping is kaiser weekly rally. the bull market. first industrial profits fueling the event. -- fresh industrial profits feeling of the event. better.g marginally let us quickly check on the hang seng movers. banks of communications up 4%. clearing where all of the stocks trade. you would expect that given we have entered a bull market. 10 cents has been granted a license. its increasing push of by alibaba and others to enter the financial space. some of the property developers we want to keep

i'm angie lau. markets trading here in the asia pacific. for a little bit to be a winner in japan's nikkei to 25. seeralia is climbing as we the benchmark gauge on corporate first gains in five days. technology and materials shares advancing here in asia this morning. china is ruling out another weapon -- is rolling out another weapon in its battle against pollution. this time it is about cars, particularly the huge fleet of government cars. david, get on in here and bring us up to speed. >> what happens with any other government, the chinese government buys up a whole fleet of cars, whether it is for official use in the central government or local government units. there is a marching order that at least 30%, at least a third of what you buy, has to be cars that use alternative energy. that is by 2016. we are looking at plug-in hybrids, electric cars, hybrids and fuel cell vehicles. that is the target two years from now. this year, we there's already a target. beijing in that area, the target is 15%. what you're looking at on your screens

i am angie lau. mobile, and your bloomberg.com. we begin with positive cues

. >> i am angie lau.s he is unconvinced about the economic model and claims of growth. things are not the way they used to be in japan. what followed exports say about autonomic. though leading travel dekes the nations -- the leading travel destinations. -- what the falling exports say about autonomic's -- abenomics. >> we all love to travel. let us take a look at the markets. in hong kong, we are seeing a very nice change for chinese shares. they were lifted. -- we are saying the hang seng capping is kaiser weekly rally. the bull market. first industrial

i am angie lau. morning here in asia. let's check in on markets this morning. in new zealand right now, it is is weakening%. it 287 u.s. cents. futures rising. counting down to the open, let's head over to japan. 225 last closed in the green. futures in chicago pointing to a higher open. the yen is weakening right now. christine lagarde issued a stern warning to world governments while praising central banks. the imf managing director hinted at a global slowdown unless investment in infrastructure is shot." "booster about? she talking >> investment in infrastructure, education, health, communications. you get the idea. central banks have done their job, she says. governments have yet to step up to the mark. she is speaking at an economic on friends in the south of france, -- economic conference in the south of france. they have already given their april forecast, the imf. global growth to expand 3.6% this year, 3.9% next year. she said maybe there will be a slightly different forecast, what you are saying about the lack of investment. a bit of a downgrade. i wi