asia. do you think the united states will have to reorient its strategic rarities to deal with the crisis? europeans and ukrainians expecting that? >> let me say what kind of a backdrop going back a few years. what you have seen since the end of the cold war is the united states having the ability to have to devote less time and attention and resources to europe. that is largely reflecting the success of european policy over the last 20 years. with the enlargement of the european union, you have really anchored the states of central intoastern europe institutions. when this policy was launched, one of the american goal is to get to the point where we did not have to worry about that region so much individually because they would have -- institutional support. you have seen a significant drawdown on the american military commitment here. with the assessment that russia was more of a benign power. that included four heavy divisions in germany at the height of the cold war down to two army bri

asia. discussedstrategist candidates in 2014 and 2016. los angeles times reporter looks ahead to the federal reserve's next move on monetary policy. annie snyder discusses a proposal from the epa. it would amend the clean water act to give the epa jurisdiction. a new study shows that 18% of adults with internet access have important personal information stolen last year. we will take your calls and you can join the conversation at a spoke and twitter. -- at facebook and twitter. >> i am a loyal duke alum. i didn't do this to hurt duke .>> thank you for coming this hurt. there was a tremendous amount of passion about the story. to amazonave to go and see already that i've reviews and1 star the book is not even been out a week. not many of those one star review writers have read this book. my last book was about goldman sachs. this is in another realm altogether. williamr and duke alum cohan takes a look at the duke lacrosse scandal. >> a discussion about russia's annexation of crimea and how

asia. explicitly here. and ask how the crisis in ukraine might affect what the president hears and does on his trip next week. we have in my humble and very biased opinion, the perfect panel with which to do that. on my far right is steve pfeifer who's a senior fellow in our center on the u.s. and europe and director of our arms control program. he's a career foreign service officer, retired career foreign service officer. and among his many posts the most relevant for this panel is that he's the former ambassador to ukraine. next to me is michael hanlon who is a senior fellow and director of research here in foreign policy studies and who is published many, many books. i think more than i've actually read. and most recently, even this week, i think, his most recent book with jim steinberg is out which is strategic reassurance and resolve, u.s.-china relations in the 21st century. i'd heartily recommend it to you. you could wait for the movie but i think you probably shouldn't. [laughter] o

the first stop on a four-nation tour of asia. the situation with russia and ukraine is hanging over his visit. >> abc's devin dwyer is traveling with the president. he joins us, now, from tokyo. good morning, devin. >> reporter: good morning. president obama is finally keeping good on his rain check from last year. that's when the government shutdown canceled his last planned visit here to asia. today, he embarks on his fifth trip to the region, here in japan. the white house says president obama's trip is all about reassuring u.s. allies here that they are important and valued, even though so much attention right now is focused elsewhere. as we have heard, the situation in ukraine is hanging over all the meetings here in asia today. some countries in asia, worried that russia's action in crimea could influence or inspire china or north korea to be more aggressive. president obama plans to highlight the role of the u.s. military here in asia. over the next few days, he will

his four obama begins nation tour of the asia-pacific region. we will have that story when bottom line continues in just a moment. ♪ >> will come back. president obama is in japan. the first up in an eight-day, four nation trip designed to underscore america's commitment to the asia-pacific region. peter cook has more on the story. the trip began with some world-class sushi. >> it absolutely did. the prime minister taking the president to dinner tuesday night at a chinese sushi bar. it only seats about 10 people but it's world famous word sushi. he said the president declared it was the best sushi he had ever eaten. i hope it would be pretty tasty. the dinner kicking off a three-day visit to japan. he will talk about the 12 nation trade agreement. your call the hope was the two leaders could be signing a final bill at around now. at least telling some sort of breakthrough. -- president obama still trying to win over congressional democrats here at home. u.s. officials hope this trip can give the talks some traction and the president has already

position in asia is very weak. when japan and south korea are at odds. >> these are our two most important allies with democratic values, the host of most of our military forces, and it hurts us, because north korea thinks that the democracies and the regional powers can't come together to punish them. >> it also sends a message to china. green said leaders in beijing may envision an asia centered on the nation where they can pull south korea or other countries away from japan and the u.s. he stresses it's crucial for obama and abe to strengthen the decades-old alliance that binds their nations. >> the president himself, i suspect, has learned the nature of the chinese regime, the need for cooperation, but the fact that chinese understand power. and when the americans talk about power, what have we got? our economy, our military, and our alliances. so he'll want to show that this alliance is strong. >> coming to asia would help president obama do that. his administration would send additional naval destroyers to ja

east asia, the south china sea as the demonic d east asia, the south china sea as the demonic defenseof postmodernism. in a sense of warships, fifth generation fighter jets, cyberwarfare, ballistic missiles. >> why am i not reassured? >> i'm going to reassure you. the south china sea as a maritime clima the south china sea as a maritime climate and were central europe was a land climate and a claustrophobic land climate where armies came into contact with to and fro with a lot of civilians killed back in forth into two world wars. the south china sea conflict will show us they were anxious, nervous, complicated world but not necessarily a military cataclysm. its air and sea with very few civilians involved. they are fighting not over densely packed territories, the geographical features in many cases. >> how did you explore these geographical features? how did she go about it? >> what i've been increasingly as they get older and travel, the first time you get very vivid impressions. the longer you are there, the more you realize you've been partially deceived. they are more long lasti

asia pacific region does have that dynamic economy. it has the aca has the top of the world's population and is bound to um down to the command and u s attention also. so i think the love of the balance was more appropriate of appropriate term especially as the us was pulling out of iraq and afghanistan. having said that that day what i believe that i live in a confusion of both that within asia pacific with specific region and outside because that way and then the wait. when it first came out the we will come at it as that package so that we need to step up political military commitment to the nation however as the acid content of the mamas fisher began then and it's starting to shift to more about what to a greater focus on the trade and economy. so i think the whole region is kind of not sure that no one specifically is that we balanced package that might include what would be what you see in terms of any concrete evidence of the rebalancing then again if we if we did the wood to that too on the slide but in the last three years wha

is the asia persian gulf. but where it is only important for all real or energy the south china sea is important for energy transport for an oil and natural gas under the seabed and also for all the commercial cargo traffic. >> you already said a couple of provocative things you compare the central -- the china sea with the disputes over borders and in nationalism led to the tuberose catastrophic wars in the history of civilization. are you worried as nations conflict over control? >> the south china sea and the east china sea are both complex will not lead to the world war i style cataclysms. it was about tanks, trenches , the things like that and they went on for years and tell it involved 70 million soldiers and innocent civilians. south china sea is to postmodernism in the sense warships, nuclear submarines , a fifth generation fighter jets, a tribal warfare, ballistic missiles. >> host: why am i not reassured? [laughter] >> guest: the south china sea is a maritime climate where central europe was over and

to asia is significant. it's going to continue and that there is a deep recognition, i would argue a bipartisan recognition that the lion's share of the history of the 21st century going to be written in asia and we want a large part of that overall picture. and i think the trip, it is the first time the president has gone to asia when it's not part of a multilateral summit so in each one of these country, japan, south korea, malaysia, philippines, he has task to build stronger relationships with each of these leaders but overhanging the whole set of challenges in each of the countries is how he manages the relationship with china. he's got to walk a fine line. he's got to send a message of resolve and determination. but he's also got to make clear that we're prepared, in fact, we need to work with china going forward. >> ifill: michael auslin, as you look at it, what is significant about where he is going even of these places and where he is to the going. >> he has two key allies, first to japan and then so

asia is a great place.t could pay dividends not only for the region, but our country. >> you phrased it right. how do we look? we look weak against russia and china. the president is traveling around the pacific rim knowing he can't get a pacific trade deal because his own democrats have no interest in taking a trade or motion authority. >> let's return to politics. i tried to play albert the greek and put odds on republicans. tell me why i am wrong. >> anybody's odds are as good as anybody's in such an early stage. looking at your list, i have a couple of observations. my friend was not on there and i have endorsed him. i see jon and a couple of the national governors would all be well positioned to consider. we have talked about this before, they are coming from a statehouse. i think you may be underestimated the current strength of rand paul. he really is building on infrastructure that his father had, strong vote totals in the early primary states. in a country, and electric mood, that is not exactly ri

president obama is coming back to a divided washington from a trip to asia. he paid his respects to the south korea still reeling from the death of hundreds in a ferry accident, tended to one of the country's oldest and closest relationships in asia with talks with the philippines. russia continued to muscle ukraine, syria is set to turn over the last of its chemical weapons but continues to kill civilians with hayes, and he returns to washington empty hasn'ted with thhanded with tale and israel. >>> in crisis around the world in the past five years did the u.s. get the approach that the president wanted? that's the "inside story." let's recap by looking at the u.s. in the world during the obama years. >> reporter: u.s. president barack obama headed home after a week-long visit to four asian nations. the trip was part of the president's promise to strength solidarity and trade. >> today the philippines welcomed president obama. >> reporter: but in the news conference along side the filipino president, a reporter brought more to the surface than planned. >> as

of course the president, this week is in asia visiting all four countries. s we worked very hard on restoring our alliances and our alliances are in very good shape for a lot of different reasons. >> surely one of the things that strikes you is this rivalry between china and japan that has never really abated, has gotten worse in many ways now because you have a stronger chinese government in a sense and one that's tougher, but also the rise of a japanese government that is quite tough, and some people would say nationalistic, wants to rearm in ways that japan has never done since world war ii. what do you make of it? >> a very tense situation. >> when you talk to leaders in both these countries the level of emotion here is very high, as between china and japan. and this is a problem. >> and they won't even talk to each other. >> exactly. certainly not at the political level. these are the second and third largest economies in the world. i think it's ultimately in the region's interests to have lower tensions but it's not there at this point. what the danger

southeast asia, very interesting.is m&a activity, the target is on southeast asia in 2014. as far as what our survey says and as far as what the cfos are telling us both in the survey and everyday we talk with them. >> west and china, down. southeast asia, up. thanks forvictorin, sharing with us. coming up next, with trading under way in asia, we will check in on what our reporters are watching. we are back after this short break. stay with us. ♪ >> i am angie lau. it is monday, april 14. these are the top stories. the ecb has delivered its strongest warning yet on the rising euro. resident mario draghi says any further appreciation of the common courtesy would trigger stimulus. rising exchange rates -- the euro has risen more than 16% against the dollar in the last year. >> the strengthening of the exchange rate would require, to make our monetary policy re: stance to remain accommodative come equally accommodative, would require further monetary policy accommodation. the strengthening of the exchange rate requires f

the imf releases its latest for asia. also is optimism but concerns. we are going to take a look at the four major risks facing this part of the world. to makeunced push offerings missed the mark. i am watching the market for all of you as we kick off a new trading week. at, is what we are looking fairly mixed but not exactly a day for the bulls to put their hat on. you're looking at the third day of losses across the region. three main themes today. we have tensions in ukraine and russia getting the best of risk appetite. they are keeping money in safe haven assets like the yen and gold. to president obama's trip the region. he wraps things up. disappointingre for the chinese corporate with the exception of the banks ironically. i will be back with more details. concerns for china's top banks managing to boost a profit. look at the details. what have we got behind this? >> we have double-digit profit increases in the first quarter. the biggest profit increase in the year. these banks are reporting wider at lending margins in the quarter. this is curio

asia. the president is in asia through a full country swing. vice president joe biden was in ukraine or other this week. the situation seemed to worsen. a military response in east ukraine remains on the table. we will talk about both asia and ukraine in this conversation. >> thank you, charlie. >> tell me what the president expects to accomplish in asia on the strip. >> you recall that his last trip to asia was canceled last fall in the wake of the government shutdown. that was costly, frankly. >> because he was back here dealing with the budget. >> and he had planned on that trip to go to two summits and it had to be canceled. >> and the chinese had a real chance to make their case while he was gone. but thenk that's right, miller important point is he didn't have the opportunity to really work some of these issues and have the regular presence which he has had in asia. so this trip allows him to step out there am i to be very present to asia, to go to northeast and southeast asia. in nor

the expectations with asia were quite high, but i have to say his role so far in this pivot to asia has -- trips have been canceled and the -- i feel like they've been missed. how much catching up does he have to do to prove his interest in this region? >> there's really two chapters to the pivot to asia. the fist was the first obama administration when hillary clinton was secretary of state, and the second is in the second obama administration with john kerry at foggy bottom. when hillary clinton was secretary of state, i believe she made more trips to asia than any previous american secretary of state in modern history since henry kissinger. she showed by where she chose to go that the pivot to asia was real, that the u.s. was diplomatically engaged, and she was also making the point that the obama administration was not going to negligent asia the way allegedly the younger bush administration did by getting distracted with wars in afghanistan and iraq. there was a political angle to it too, and the constand to-ing and froing of secretary clinton, that reinforced the notion in az wra

this is a big problem for asia to find this poverty and pivot. it's credible. we have to see more delivery, we are not seeing that. >> governments in north and south-east asia want the u.s. to provide military balance to china's assertiveness. critics say the pentagon has not gone far enough and points out that the u.s. had more limited resources. washington doesn't want to antagonize china unnecessarily. economist leads the way. justifying the pivot to voters. there's not as much urgency. underlined by clinton's former assistant secretary kurt campbell writing: >> campbell set up his own advisory confirm. >> around 740 million people in asia live on less than $1.25. no mention is made of them in headlines. they are probably not going to inside president obama's visit much. the government will be watching closely. it's seen as a critical test of the u.s. strategy. >> palestine activists held a rally in gaza calling for unity between hamas and fatah. following a threat by mahmoud abbas. if peace talks with israel don't go through, the two rival political groups

bring you back here to asia.bank governor says interest rates may not be the best too long to address surging money supply which has risen more than 30% er month over the past eight through february. that said he noted that he will not he is taste to use other tools at their dizz posele. finally let's look at some eco data. this monday perhaps the biggest one will be hong kong trade for march exports are expected to drop a 0.7%. imports could drop by 1.7% and the trade deficit to narrow slightly just under 44 billion. that comes out at 4:30 p.m. hong kong time. quickly let's check in. the dollar-yen. here you go. you do see that little trend line coming in here as far as going back to april is concerned. we are seeing a little bit of strength here as far as the japanese is concerned. here we go. year to date chart. 88, 14 and we're still seeing sterling 167. that's the year to date chart. and just to know you that two-year chart. there we go. we're still fairly elevated level. 1.68 there you go. so those are the

let's take a look at how it is filtering into asia. a modest upside for jakarta, singapore, vietnam, and south korea. elsewhere, we are lower. to lunch.ares to go this is what we have in tokyo. suzuki and toyota has been big movers to the upside. watch the automaker space today. retailers, the most heavily weighted stocks on the nikkei 225, leading declines. sharp, lower by 8% in the tokyo session. here is what you want to watch out for in hong kong as trade continues. as we continue to assess the impact of this cross-border agreement to boost trade between hong kong and shanghai, that major deal announced last week, ingg kong exchanges continu to advance. china merchants bank, among those in the financial space advancing good galaxy entertainment, down, however, bnp paribas out with a report saying, some gaming stocks will likely be the biggest beneficiaries of this liberalization of cross-border flows between hong kong and shanghai. it doesn't look like it today, but that is just one day. >> true enough. it's also a day where we are

to asia. top diplomat at the time explained the new direction saying . . . >> obama could not come last october because of the government shutdown, because of fiscal difficulties, so this is a big problem for asia to find this policy of pivot and rebalance credible. we have to see more delivery, and we're not seeing that. >> reporter: governments in north and southeast asia want the u.s. to help provide military balance to china's assertiveness. critics say the pentagon hasn't gone far enough, and point out the u.s. has more limited resources. but washington doesn't want to antagonize china unnecessarily. economics lead the way for washington, which needs to justify the pivot to american voters, but there's not as much urgency for asia governments. they are confident about their emerging markets gravitational poll for the us. campbell has now set up his own advisory and investment firm. around 740 million people in asia live on less than $1.25 a day. they are probably not going to notice obama

they have deep ties with asia. getting the balance between those two elements is hard to do and easy to criticize. there is, however, a broader is constructive.olicy, one that at the center of this is the transpacific partnership. it would not only be the largest trade deal in decades if it happened involving most of asia's economies, but it would reestablish america's rules about foreign trade worldwide. yet the president has not been able to get the fast track authority that makes it possible to negotiate such a trade deal. the democratic party wan, once greatest party of free trade, has turned its back on it. and in recent years, republican support for trade has also gotten much weaker. it requires significant budgets, and these are true from both sides of the aisle. public support for any type of ambitious, generous foreign policy is pretty low these days. the most worrying obstacle to a serious american strategy might seem at first to be a highly technical issue. the administration has proposed reform to the i

asia's economy is taking a larger part in the world. thus the responsibility of asia is growing in order to maintain development asian countries should not only care about our own interests but also the interests of the region even the whole world. we have to be responsible for our words and actions otherwise sustainable economic and social development cannot be reached friday reside in the business and to visit all three of our largest export commons on the one trip. coleman died in the. with dubious wonderful and to conclude a free try to guess the auctions with japan. so i'm a free trade agreement with korea. and perhaps much of a lvl xl or i freaked right talks with china. sometimes she knew. in the last two decades. asia has achieved a significant development and played a leading role in developing the world economy. they are estimates a net wide twenty fifty. asia's economy will take up to fifty percent of the world economy. we could see that asia is going to be a bigger role in the future the vatican with a new show remorse or wr

exception of a few in southeast asia. it has also driven up the value of the currency. if you are looking at dollar-rupee, a two-year chart. the peak when things appear to be getting out of hand. -- can the bank central bank bring confidence back into the markets? yes, they have raised rates. we are at 59.9. we are below the 60 handle. if you look at the technical the 50-daywe show moving average, it is now trading below the 200-day. you have this crucial technical cross. perhaps, does it signal a change in the dollar-rupee? something to watch out for certainly. we talked about stocks, the currency. what about the bond markets? we have seen a substantial amount of money flow into fixed income in india. last illion, the checked, net inflows into fixed income, but yields, as you can see here, on indian government bonds remain stubbornly high. spread looking at the between japan, u.s., australia, indonesia, and india. japan, for example, the 10 year bond yields you about -- we will get to that in a moment -- for india, we ar

what could happen to the much rebalancing in asia. top diplomat hillary clinton explained the new direction saying just as asia is critical to america's future and engaged america it's vital to asia's future. >> obama could not come last october because of the government shutdown, fiscal difficulties. this is a big problem for asia to find this pivot in rebound, we need to see more delivery. >> reporter: government in north and southeast asia want obama to time balance. some say the pentagon has not gone far enough and the u.s. has more limited resources. but washington does not want to antagonize china unnecessarily. economics leads the way for washington which leads to justify the pivot to american voters. but there is not much urgency for asian governments. they're confident of their growing market, that's been underlined by kurt campbell. who wrote in asia economic insecurity are inextricably linked and the united states will not be able to sustain it's leadership there through military might alone. around 740 million in asia live

that is leading into this monday in asia.he new zealand dollar spot is ready much flat. -- pretty much flat. we are also coming down to the open in japan, korea, and australia. japan closed traction only lower last week. climbing.saw stocks the nikkei futures pointing to a lower open. -- dollar-10 is weakening the dollar-yen is weakening. 2 markets closed today. china is shot for a day to honor the dead. thailand celebrates memorial day, which marks the founding of bangkok as the capital. coming up next, we will be previewing the economic week ahead with our next guest, including tomorrow's policy discussion in japan. find out why he says the boj needs to step up quantitative easing after this short break. ♪ >> welcome back. let's take a look at some of the stories we are going to be tracking for you this week. china will be hosting global business and political leaders on tuesday. the premier will give the keynote address at the four-day summit, which is focused on identifying new growth drivers. australian prime minister is

much ballyhoo ed asia pivot doomed to suffer there? >> yes because it is a world and there will always be distractions. pivotama administration's to asia which was part of their iraq and get out of averages and all those always ments and has been bedeviled by distractions. at the ink you can look president's trip and see a step forward. number he finally -- one, he finally got there. >> there were other problems. of big question in the minds everybody in asia is not just is unitedot real but is the states strong and dynamic and big enough to make it count any more. why ukraine, ense even though it is the other side of the world, has a lot to do to asia.pivot those countries in asia are looking at ukraine and saying is united states and the west going to do anything to help the ukrainians. looking at night toe. does it matter to be a member of nato. of this was shoring up traditional allies and reaffirming those ties. important. then there's a lot of other stuff. there is north korea, japan, trade. gwen: there is china. the big elephant

that, in asia, and by mean from india to japan, southeast asia, northeast asia, you can be very proudo be an american. the u.s. is very popular in these countries actually. there will always be some protesters. you have islamic populations unhappy about our policies. radical groups on the left and right in northeast asia that are anti-u.s.. u.s. is veryw the popular. is, to the credit of the president, but our popularity grew in asia under president bush. president bush left office in 2008 more popular in most asian come trees then when it came in -- asian countries then when it came in. , despite secular trend ourselves, where, in most of these countries, we are actually more popular. the governments in these countries will have a lot more american engagement. to do defense cooperation and they want the president to visit. even china, with whom we have a very complicated relationship, president tang has put forward an idea of a new model of relations, he wants to find a relation where we are cooperating. it is controversial, where he said the new model of great power relationships, h

asia pacific region.he united states say pacific power and we are here to stay. >> turning our attention to the asia pacific region, until the arab spring erupted in the middle east and syria divulged into a bloody civil war and iran's nuclear ambitions became too pressing to ignore. now the latest distraction from the pivot to yash is russia. vice president joe biden arrived in kiev today to announce new economic assistance. meet with officials from the ukraine's interim government and to de-escalate the situation in eastern ukraine. over the weekend more deadly fighting broke out in that region of the country kill agent least three. and despite week eggs of denial from russian officials the state department now has evidence that at least some of the gunmen in eastern ukraine are in fact russian military and intelligence forces. new photographs show the very same special forces who fought in crimea and georgia in 2008 are now responsible for taking over government buildings in eastern ukraine. according

you are watching "asia edge." >> back on "asia edge." thanks for sticking around.et's talk about a subject we didn't get to. how big a deal is this? >> i think it is a much bigger deal. >> [indiscernible] >> they've been talking it down. --e have been talking it talking about it as the milk train. about what caring the north to the south, which was about 2 billion rmb and all. what is interesting to see is discount hasare to party been closed. there are about 200 mid-cap stocks that you can buy. you can buy 200 of these hong kong mid-cap stocks. we've got nine of those in the neustar sportfolio -- the new starts portfolio. ipo'skind of like 200 new . a huge valuation discount. really work out why a do what they do. >> what about the discipline? all this liquidity flow coming into hong kong, what happens if there is a problem? that's why they had the joint announcement where it would be more or less a pilot scheme, six months to work in. a huged rather that than rush where everything is available all at once. it is more an all a cart many of them buffet. it is a nic

pivot to asia is more than just talk. stronghold in central india where training young people in practical skills is aimed at keeping them away from guns. plus in sport they are tightening the grip of champion's league football. ♪ if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? well, what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. ♪ hello again and reminding of the top stories in hour on al jazeera, vice president of the international olympic committee called rio preparation for 2016 the worst he has ever seen. and john coats says that infrastructure delayed and construction not begun on some venues. south korea president apologized for her government's handling of the ferry accident earlier this month and carrying

just ahead, president obama travels to asia. "time" magazine lists 100 of the most influential people on the planet. and a new exhibit of art, banned by nazi germany. >> to actually see the art that was deemed as un-german is fascinating. >> rose: we have those stories and more on what happened and what might happen. >> there's a saying around here: you stand behind what you say. around here, we don't make excuses, we make commitments. and when you can't live up to them, you own up and make it right. some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where it's needed most. but i know you'll still find it, when you know where to look. captioning sponsored by rose communications >> rose: and so you began how? >> it's a very subjective process. >> rose: is it luck at all or something else? >> we're going to do this. >> rose: what's the object lesson here? >> they need to be called out for it. >> rose: tell me the significance of the moment. >> rose: president

. >> we want to turn to president obama's asia trip. hours ago the president arrived in seoul, south korea aiming to reassure u.s. allies. his visit is happening amid a tragedy still unfolding off the coast of south korea where a ferry sank killing mostly high school students. let's get to nbc white house correspondent peter alexander traveling with the president in seoul. how will the ferry tragedy effect today's visit? >> this really was a national tragedy in this country and just a short time ago president obama expressed his deepest sympathies with the people of south korea and lead his hosts in a moment of silence that took place at the president's residence. president obama also in a show of solidarity presented president park with the u.s. flag that was flying above the white house on the day of the disaster. in an interview president obama said he and his wife couldn't begin to imagine the grief that so many families here were visiting. it also comes against the backdrop of another possible threat from north korea. south korean

our exclusive with him today at "asia edge." >> welcome back to "asia edge." the world's biggest election has picked up in india. suggest that it would be the end of congress cost 10-year-old. e. 10-year rol >> it is very unlikely that bjp will get even something close to the 272 to the halfway mark in parliament. that means he will have to share the or the bjp will have to share its mandate with quite a sizable number of smaller parties. that means that there will need to be a significant degree of negotiations over key issues that will have to take place and that can delay and in some cases thwart in some cases policy reforms. >> irrespective of who wins, a stable government is the most important thing. >> there has been a lot of optimism that is being deflected through the large inflows. what is missing is the participation from domestic investors. i think it will come if we see a stable government by the bjp or any other political, -- clinical party in india. india.tical party in >> the central bank moves have not been enough to ease concerns. governor doi

okay, why the pivot to asia? >> that's what clyde wants to know. the president of the economics strategy institute and a trade negotiator during the reagan administration. in the financial times this week, he says it's not asia that should feel neglected. but the u.s. quote. listening to the asians, you would never know that the u.s. 7th fleet has been stationed in japan and tasked with patrolling the western pacific for the past 69 years. all that there are 30,000 american troops stationed in south korea and another 50,000 in japan. america is committed to defend japan and south korea if they are attacked. those nations are not committed to defend america if it is attacked. similarly in the economic realm, the flow of benefits, they have been heavily in favor of the asia pacific countries. most of them have based their development on export lead growth policy. using protectionism and currency manipulation to generate with the u.s. to what threat do these countries need reassurance of support isn't the obvious answer is, china. consider that china

asia is the number one growth opportunity.ld say 70% plus of my net investment is going into asia and the emerging markets. if you look at the numbers that we posted over the last couple of years, you could clearly see that it is accelerating and that's why we're happy with our franchise and we're continuing to invest. >> you're hiring. that is always good news. you're building up the workforce. can i expect that as a boom? as a flag. you're on a hiring march. is that just to meet the needs of your business right now? >> i think it is both. with the repositioning of our group, wealth management at its core. the attraction for people to join us has increased as well. people who want to be in this industry want to look at the platform and see whether they could be successful here. it is also due to the micro trend. you need to make sure that you also grow the population that can service these clients. we're very happy with where we are and we continue to do so. trends we imilar have seen in emerging markets. i would say at the f

there'll be visits to asia, malaysia amongst others.eronica pedrosa reports. . >> reporter: it's said actions speak louder than words. secretary of state john kerry stood in for barack obama, who, for the second time last year, did not manage to make it to a major asian summit. what had happened to the rebalancing or pivot of foreign policy to asia. >> the top diplomats at the time explained the new direction, saying: >> president obama could not come last october because of the shutdown, because of the difficulties, it's a problem for issue, to find the policy of pivot and rebalance credible. we had to see more delivery. we are not seeing that. >> governments in north and south-east asia want the military balance. critics say the pentagon have not gone far enough, and point out that the u.s. has more limited resources. but washington does not want to antagonise china unnecessarily. >> economics lead the way to washington, which needs to justify the pivot to american voters. but that not as much urgency for asian governments. they are c

well these ancient stable pro quo and unsustainable growth in east asia this year. welsh artist he's so good. yes she has the capacity to just dump a process in china. i seem to be launched into two types stokes combo tech shares in the storm didn't cut down the nikkei climbed one point seven percent. well come to this edition of his age on sa's to the news on two people engaging developing countries in east asia pacific region will see stable growth this year will advance as it is these asia pacific in long update released today that the region's e coli in the colony is posted by a recovery in developed countries and marcus morris response to the fence to be tapering so stop developing east asia will grow by seven point one percent is he a largely on change from two thousand thirteen the vocalists as as result is danger remains the post is growing region in the boat despite the slowdown from the average growth rate of eight percent from two thousand ninety pound fourteen in china where this will ease slightly to seven point six percent this year from seven point se

is in asia to stay, relationships are strong. that will help you in the longer term deal with the concerns raised by north korea's nuclear programme, deal with the worries around china and japan. and, importantly, something that didn't come up is set the foundation for continued u.s. economic prosperity which, by the way, is the foundation for the u.s. having military diplomatic might in asia and other parts of the world. you are constantly balancing what is the crisis today. the pictures from syria are horrifying. you want to put your focus on that. what can you do that sets the table for long-term success, and you say asia is the place where we can do things - make investments of time and effort today that make a difference going forward. >> but, i mean, try it this way - so he's stated his commitment to asia, yet he's distracted by what is going on in the middle east and europe. does that impact his relationship with china? >> well, the reality of being an american president is that you are always tugged in multiple direction.