tailor-made for asia. victoria beckham launches in asia and we have an exclusive interview.. i am angie lau. hasese premier keqiang promised to threaded the needle. concern is looming that china has had a growth the dilemma. an economic slowdown of record debt and out of sync rally. how do threaded the needle for this? steve on-demand. yvonne: that is the question. it is quite a dilemma for the chinese government right now. one analyst put the debt problem is "a time ticking bomb." how long the chinese rally will last at these levels? gdp at the slowest pace since 1990. the chart of the day paint the picture well. the chinese gdp versus shanghai composite. you can see the divergence there. .oing down to about 70% that is the target right now. -- going down to about 7%. gdp-- economists expected at 5% over the next five years. the shanghai composite, the best-performing major equity gauge track to by bloomberg. given the fact that nearly half of these stocks are state owned enterprises area the data bench. it is the biggest debt binge among the emerging markets followed by ma

in short, central asia 2015 is not the central asia of 1997.secretary vblinken will tell you how the region has changed and give us insight into the u.s. interests over this time. we also have many distinguished members of the diplomatic service and colleagues from the state department, including those who work on central asia. some of our own colleagues are here in the front row, who have spent many years working on central asia for brookings. thank you very much to everyone for coming. now to deputy secretary blinken: and then to the conversation. thank you very much. [applause] secretary blinken: good afternoon and thank you very much for those very kind words of introduction. there are few people in washington with a better feel for the sometimes byzantine regional politics of eurasia and sometimes byzantine policymaking process here in washington. it is always great to be here with you. it is great especially to be your with a great friend and great colleague in strobe talbott. as i stepped into the issues that he wants filled at the -- th

this is "asia edge."miss that. ♪ >> whether it is hong kong tokyo, beijing, or singapore, city life means space at a premium and prices going through the roof. john dawson has been to check out a healthy eco solution. >> i am in downtown hong kong. hiding amongst us is a german developer who has designed an apartment that caters to the healthiest allies. last year, his vision was awarded with the architecture and design award. the category, being the most green and sustainable. >> it is healthy because what goes into the flats can create a healthy living environment. this is engineered stone. >> so a kitchen island. >> it has a 50% content of recycled material. what a lot of people do not know is that kitchen countertops out of granite can have radon, the number one cause of lung cancer. we installed professional air and water perfect haitian on top of that. we have led lights energy-saving lights. light can help you not only fight jet lag, but it can make you much more alert. >> of all these things, what

across asia, a strong day except for austro-asia. resorts are driving it down.here are the only ones. jakarta opening again. no real performance on the u.s. wall street but asia setting is on standard and on trend. -- its own standard and own trend. they gfc, global financial crisis. angie: thank you. zhou xiaochun says growth in the world's second-largest economy has slowed a low bit too much for his liking but the overall message from his and president xi jinping is china has ago tools to deal with it. they were speaking at a forum over the weekend. and we have more from beijing. christine, give us the details. christine: zhou xiaochun said china's growth has fallen a little bit too much. keep one of the risk of china's inflation trend saying china needs to be vigilant to see is deflation will happen or becomes a possibility. president xi jinping said china's resiliency and the economy and potential for growth. the one thing they both stressed was china has a wealth of monetary policy at hand. economists are expecting a benchmark rate this year. what they said

here in asia.onstantly want to better myself and give her what she wants but i am pretty confident that now is the time for my store here in hong kong. i never like to rush anything at all. everything i do, i want to take baby steps, because i don't want to make mistakes. i have done my homework, done my research, and that was the right time. people ask why hong kong. i love it here, i love the energy, above the women, they understand fashion, they are passionate about fashion they understand luxury and quality. it seems like the natural place for the second store. angie: that was victoria beckham speaking exclusively with us. on to the afternoons business in tokyo. slings and gains as the federal reserve meeting comes this week. the reopening after this short break. ♪ angie: while is that a six-year low with the stockpile and highest in more than three decades. markets are being let down by energy stocks and investors are hoping for rate cruise. the devastation of the island -- at least eight kill

the first major project between central asia and south asia for transmitting energy is already under way. and i truly believe that diplomatic efforts backed by the leaders of our countries was built, the peace and prosperity for south and central asia in the same way that the common market has done so for europe and afghanistan has done for our neighboring region to the east. we envision afghanistan that within 20 years it's become a hub of trade in gas pipelines power transmission lines, railways, modern telecom and banking services. american support for all of these is essential and we thank you for that commitment. ladies and gentlemen, if one story of our future history is bright, there is another darker cloud that is making its way towards our country. afghanistan's security transition took place against the backdrop of the unexpected rise of religious extremism in the middle east. the promise of the arab spring gave way to the emergence of dash terror and collapse of state. but the change ecology of terror could have not formed without some states tolerating, financing, providi

they're keen to take advantage of a free trade zone that's due to launch across southeast asia at thend of the year. now, those at delivery firm yamato holdings have joined them. executives announced in hanoi that yamato asia has set up a vietnamese subsidiary with capital of more than $3 million. they say the firm will provide the transport services into and out of the country as well as logistical services for local businesses. they hope to use vietnam as a hub for their distribution network in southeast asia. >> translator: we hope this local subsidiary will come to play an important role in our business strategy for asia. >> rival firms nippon express and sagawa express have already set up operations in vietnam. they expect it will become a major center for manufacturing when the asean economic community launches in december. >>> people who make smartphones are seeing sales tail off in developed countries. so they're loading their handsets up with high-tech features to draw in new customers. they've gathered in the spanish city of barcelona to show off their innovations at the wor

more to come on this leadership of "asia edge"." >> the run continues for five days for the asia-pacific benchmark. we back to the levels of early september last year. if you put these five days together that's the biggest five-day jump, going back to february of 2014. it may have happened too quickly. we did just enter overbought terrain. last time we reached these levels it fell 3%. for the afternoon session taking a look at the dollar index. what are we looking at? futures are up by three and a half points. the dollar is recovering. it is up against the euro, up against sterling, flat against the yen. i was looking at crude prices as well. we are back at 46 for crude. gold is down by about three dollars. back to you. haslinda: singapore is beginning a day of national mourning for lee kuan yew. he guided singapore from colonial trading post. pinch of you to the man who built a nation. -- paying tribute to the man who built a nation. >> in morning. i'm deeply saddened to tell you mr. lee kuan yew passed away peacefully this morning at a singapore hospital. let me say a few words. the fi

asia society is a family society. i think the one that it always captures my mind is a saying of mao's actually, because it represents in so many respects all that china now seeks not to be the case. mao, at the height of the cultural revolution, said the following: "there is chaos in heaven. there is chaos under heaven. the political situation is excellent." and mao the great revolutionary from the pre-49 period and the cultural revolution was into this business of permanent revolution. so if you were to look at the absolute an tis sis of that-- antithesis of this-- a progressive, orderly, system reform program under regular forms of political leadership with no great surprises on the way through, that's what the chinese are now seeking to do. and whenever you quote that phrase to china's friend, they literally freeze because they know what it was like coming out of the cold revolution. bochlei talked about mao and xi jinping talked about mao, yet most people believe the person he most rezem bems is xiao. >> i would

asia has a massive infrastructure development need.have a shortage of global capital willing to invest in it. a real challenge is to use globalpublic capital -- public capital. it's good for global growth. global growth is fairly flat at the moment. shery ahn: coming up next, more warnings on lowing china, but the central bank governor says he has the tools to handle it. we will be live in beijing with more. the markets in hong kong and shanghai getting underway varies in. when weopening numbers return. we will get you the latest on those. ♪ . shery ahn: the top stories. china's central bank chief said his country growth rate has fallen a bit too much. but there is room to respond. zhou xiaochun told a forum the bank can use quantitative measures. the slow down in china has hit luxury brand, prada. chineseed 28% as fewer shoppers splurge on luxury handbags. they will offer a lower price ranges. japan's industrial fell more adding to pressure from a drop in consumer spending and faltering inflation. it declined 3.4% from january as in t

asia cannot become a continental economy without us. asian in the next 25 years will have its 1869 moment the year that the east and west coast of the united states were joined through the transcontinental railway, but this completion of a new connected asia cannot happen without us. we are in the midst of 3.5 billion people and we should be able to export something and not just import. [ laughter ] >> our fragmented geography can once again become the opportunity for integrating, central, west east and south asia into a network that supports stability and prosperity over a vast [ inaudible ]. dim mattic efforts to advance integration can free up trade and support multi-investments. the first major project between central and south asia for transmitting energy to india to pakistan is already underway. and i truly believe that diplomatic efforts backed by the leaders of our countries will build the peace and prosperity for south and central asia in the same way that the common market has done so for europe, and [ inaudible ] has done for

the reason is, asia has a massive infrastructure development need.ondly, we have a shortage of global capital. thirdly, the real challenge is to use global public capital with us in the adb, and get leverage. and finally it is good for global growth. it is fairly flat at the moment. angie: of course the united states is no fan of this china led initiative. a lot of criticism. what is the us really government saying about u.s. skepticism -- the australian government saying? reporter: of course the u.s. is australia's closest friend, but china is the country's latest trading partner. the situation didn't get a lot easier for australia when britain signed it. the treasurer believes the u.s. will eventually come around and joined the bank as well, saying it will take a bit of time. sachsrmer head of goldman asset management, jim o'neill, is much less charitable with his opinion. highlight the status. all it really does is make it clear that it is now four years since the u.s. has gratified what it was supposed be an agreement to give china more power and

what is driving asia. john dawson. john: airlines, 2 crucial games. china composite is up and gradually gaining all through the morning session. very encouraging for china. hong kong is similar. excuse me. the morning is unfolding, just below 25,000. its performance for the 2 mainland chinese benchmarks, you can see thailand is open. they are up. southeast asia markets malaysia singapore, taiwan the main benchmarks today.

on this leadership of "asia edge." >> the run continues for five days for the asia-pacific benchmark.y september last year. if you put these five days together that's the biggest five-day jump, going back to february of 2014. it may have

experts seem to be looking at another driving force behind asia's economy. here's ron madison for details. >> yeah that's right, miki. analysts at the asian development bank predicting asia's economy will continue to grow by 6.3% in 2015. that's the same rate as last year. they say china's slowdown will be offset by improvements in india and southeast asia. now the officials released their forecast for 45 countries and territories for this year. their growth rate estimate does not include japan and some other advanced economies in the region, though. they say with real estate investment in china sluggish the economic slowdown there will continue this year. analysts say growth in china may slow to 7.2% this year down 0.2 percentage points from last year. but the adb officials say india's economy will grow 7.8% in fiscal 2015. that would be up 0.4 points from 2014. and they say india's investment environment has improved under the reforms of prime minister narendra modi. economists at adb urged countries in the region to reform their economies while crude oil

this is what you could see from asia. it was indeed high all the way into the 1970s and it dropped back down. it's two today. in half of india, it is two children or less. africa is something happening? yes, indeed, it is, 4.5 today. we know that more or less this will happen into the future. we don't know how fast africa will come down. we don't know at this level. but this is a big change from lots of children, which many died, to few children, which almost all survived. >> now we have the map of the world with the populations of the world. we talked in the past about the world being characterized not by the decline of america but the rise of everyone else. show us that picture. >> what is happening in the world is that the population stops increasing in europe. today we have 1 billion in europe. it's almost stopped in the americas from south and north, 1 billion. in africa today, 1 billion and in asia, 4 billion. what will happen. up to mid sent united nations population division tells us no more europe almost the same

we begin in laos, southeast asia's only landlocked country.as protected its natural resources and ingenous cultures. laos today is beginning to court the global economy through e sale of hydroelecic power. weskf laosan achieve sustainable development,generating ecoc growth whilmataing the tegrity of its indigenous tions d its natural environment. the mekong river traces an 1,100-mile path through or along the border of laos. the river has also been a barrier between laos and its neighbors. now there is a road, where before there was none. in 1994, the friendship bridge gave laos its first land link with the outside world through thailand to the west. the bridge may symbolize a connected future but laos in the here and now remains among the poorest countries in the world. ( rooster crows ) it is the least developed country in the lower mekong basin. life expectancy is low about 53 years. ( rooster crow % cn e maoushed. the potential changes brought by economic development are enormous. the soil here is rich and fertile. laos remains a largely a

indonesia's rescue agency is calling off the search for the remaining victims of the air asia crash. also crimea one year off. we report on claims russia is clamping down on anyone who doesn't support it. all that, plus. >> reporter: i am in the southern indian state. coming up i will be taking a look at why indians premier bike brand has become a thumping global successful ♪ ♪ >>> so, benjamin netanyahu will remain the prime minister of is restless. israel. in just the last few minutes he -- here is how it breaks down at the moment. 99% of the votes counted. they show the likud party has 29 seats giving it a narrow lead over the main rival. the center left zionist union party. that isize i go herzog and lippy together. it looks like they will have 24 seats compared to the 29. remember some of the key points here though, benjamin netanyahu has promised not to allow the creation of a palestinian state if he wins full time and that seems to be the case. zionist union itself back aid two-state solution and wanted to restore talks with the palestinians. we have to talk about this group a

i want nearing i can't end the search for victims of last year's air asia plane crash, 56 people are still unaccounted for. plus. >> reporter: i am in the southern indian state. coming up, i will be taking a look at why india's premier bike run as become a thumping global success. consulted on this? >> no. >> a controversial deal. >> we would love to have a mine in the community. at the end of the day, it is an issue of fairness. >> america tonight gets an exclusive interview with a foreign mining company accused of taking native american land. >> people have been very critical of your company, saying that it'll leave a permanent scar on the landscape. will it? >> an america tonight special report: "mining sacred lands". thursday, 10:00 eastern. ♪ ♪ >>> welcome back a reminders now of our top stories on al jazerra. prime minister benjamin netanyahu has declared the likud party the winner of israel's election. with 99% of the votes counted likud has at least 29 sets, signist union trails with 24 seats, its leader isaac herzog says he's working to put together a coalition. joint list p

in the book we get to know central asia peasants peasants and indian weavers. workers in liverpool and worker in the south, demanding consumers in west friday and chinese cotton industrialist, groups of people you usually do not find mentioned in the same book or not even in the same section of the library. empire of cotton does it very global in scope but combines discussions of very local developments with a very global perspective. a great danger of writing a very global history is that it describes the word as a network of globally connected actors the word in which local or even national distributions of power or local interest in some ways are inconsequential because the focus is just on the global. i'm arguing very much against such a perspective. instead i argue that the global cannot be understood without the local, and the local not without the global. for that reason the book describes the global work of cotton from constantly shifting perspective. sometimes from the perspective of an ant, sometimes from the perspective of somebody trying in a helico

making okinawa our hub pete southeast asia in reach -- puts southeast asia in reach. we could expand our reach and fly to bangkok city from okinawa. >> reporter: the expanding business has created new problems. last year the company suffered a pilot shortage for six months due to illness and other reasons resulting in 2,000 flight cancelations. >> translator: we're taking measures to prevent that from happening again. we're struggling to find pilots in japan, so we're trying to hire foreign pilots and train flight school graduates to be co-pilots at our own expense. >> reporter: the growing number of foreign and domestic local low-cost carriers has created fierce competition. inoue notes that you just 7% of passengers in japan use budget airlines. he sees plenty of room for growth. >> translator: if we're going to survive, we need to fly on schedule have a strong brand, and provide new value through innovation. we also need to create a stable low-cost framework. right now we're supported by young people who are associated with concepts like cute and cool. one thing we

declines for asia. they look to the u.s.as opposed to anything domestic. >> japan emerged from recession the last quarter of 2014, but not nearly as robustly as originally thought. james maker joins us. what do these numbers tell us? >> what we are seeing from the revised gdp data, japan return to a recovery in the fourth quarter, but it was not a strong recovery. we saw a slight revision up for consumer spending. consumers willing to spend more in the fourth quarter of last year than we originally thought. business investment is down for the third quarter in a row. businesses have cut spending every month from april to december. companies were drawing down because they are not confident. the sales tax increase that happened in april last year is having an effect on how businesses see growth going forward and how they see the economy. they are not competent japanese consumers will step up and return to strong spending. it will be more difficult for the bank of japan and the government to reach their growth targets for this y

but the number increase in africa but decrease in asia and europe.u asked the swedes they answered like this. in u.s. they answered like this. can you see -- >> 11% swedes got it right, only 7% u.s. government. >> i went to the zoo and i asked the chimps as you said. they get 33%. >> it's random. >> these people answer according to preconceived ideas, how things were back then. >> so this is an important point. to get an answer that is worse than random means you're not ignorant. you have prejudices. >> prejudices you're not upgrading. you learn something in school or in university like 20 30 years ago, the problem is that the kids still learn that in school. they learn how the world was when their teachers graduate. we really have to start getting macronumbers right. the world has changed now. africa is also changing. when this evens out, we'll be around 10 11 billion. that's what we have to feed in the world and we can do it. >> that's why you have the project, to make people aware of the realities of the world. >> because you can't discuss the fut

the first major project between central asia and south asia for transmitting energy is already under way. and i truly believe that diplomatic efforts backed by the leaders of our countries was built, the peace and prosperity for south and central asia in the same way that the common market has done so for europe and afghanistan has done for our neighboring region to the east. we envision afghanistan that within 20 years it's become a hub of trade in gas pipelines power transmission lines, railways, modern telecom and banking services. american support for all of these is essential and we thank you for that commitment. ladies and gentlemen, if one story of our future history is bright, there is another darker cloud that is making its way towards our country. afghanistan's security transition took place against the backdrop of the unexpected rise of religious extremism in the middle east. the promise of the arab spring gave way to the emergence of dash terror and collapse of state. but the change ecology of terror could have not formed without some states tolerating, financing, providi

. >> this episode of "asia insight" follows korea's global employment system which has been attractingttention around the globe. ansan is some 30 kilometers southwest of seoul. in the district of wongok-dong, over 35% of the population is made up of foreign residents. wongok-dong immigrants hail from 15 countries. including china, vietnam, indonesia and places as far as way as uzbekistan. on weekends the town's center is a melting pot of different ethnicities. >> hey, how are you? >> recently many stores offer a wide range of products from all over asia, making life easier for the foreign population. foreign laborers are permitted to stay in south korea for up to four years and ten months. as long as they are working they are under no particular restrictions. the south korean government introduced the employment permit system in 2004, one that is unprecedented in the world. up until then the nation only accepted foreign workers as interns. because of low wages interns would suddenly quit their jobs, leading to an increase in illegal immigrants. south korea needed a new foreign labor po

earlier most major benchmarks in the asia pacific region ended the day lower. in tokyo investors continued to book profits in the wake of the nikkei's 15-year highs. the index closed down at a one-week low. in india, shares there rallied after the central bank's surprise announcement of a rate cut. the bench mark sensex briefly hit 30,000 for the first time ever. it did end up finishing the day lower, though on profit taking. moving on to currencies now, traders are holding their positions ahead of u.s. private sector jobs figures which are due out later today. we've got dollar/yen at 119.66. now the focus is also on thursday's european central bank policy meeting. so euro/dollar is now trading at roughly 1.1117. market players are pretty much waiting on details about the bank's bond buying program. >>> all right. that is going to wrap it up for biz tonight. let's get a check of the markets. >>> some snow sleet, and even possible freezing rain are headed into the southern plains of the united states. our meteorologist jonathan oh is here with the latest. jonath

first solo in asia.lle point of them typical in the way it is staged to ring true of what they feel nostalgic about it and everybody is familiar with the word -- a world of hollywood. shery: building on familiarity takes work. blue inger: the cooler the sky, i thought it was a nice narrative with that color. it is striking. and the jacket in that picture. shery: pulling it off in just watch days. alex prager: showing off the first-day onset was the hard part. i knew there were 350 people waiting for me and my direction. a memory as psychological experience of the individuals within down. isolation that is impossible to see. deciding i wanted to make a series on crowds was a very strange thing when the crowds can be very scary for me at times. shery: if you are looking to explore, what better way then hong kong, one of them was packed cities. first timex prager here as she said hong kong has an aura of the remembrance of the 1982 science-fiction film "blade runner" and has something she -- alex prager: i

he was a great leader in asia. i offer my heartfelt condolences. >> chinese president xi jinping sent a personal message to lee's family. he called him an old friend to chinese citizens and the founder and builder of china/singapore relations. u.s. president barack obama said he appreciated lee's wisdom including discussions they had on his trip to singapore in 2009. obama said the talks were extremely important in helping him formulate his asia/pacific policy. u.n. secretary-general ban ki-moon said lee was a legendary figure in asia widely respected for his strong leadership and statesmanship. >>> a controversial plan to relocate a u.s. military facility in southern japan has hit another roadblock. the governor of okinawa has taken the first step towards making defense officials reconsider the construction of the base. nhk world's yun yotsumoto explains. >> translator: i instructed defense ministry officials to stop all work that would change the conditions of the sea zone. >> reporter: okinawa governor takashi o

here's how other markets in the asia pacific region finished out the day.ydney and seoul ended almost flat while indonesia declined nearly 0.8%. >>> people in many areas of japan lack the economic opportunities available in major cities. japanese government officials are looking to spur investment in those communities now. and they've launched a program of subsidies to local governments and special coupons to encourage people to spend money where they live. just about 1.3 billion dollars will be allocated for local government to issue premium shopping coupons. customers will be able to use such coupons when they shop in local stores. over 1700 local governments, just about 90% nationwide plan to participate in this program. a little more than $500 million will support coupons to be spent on local travel, and to purchase local products. >>> well the 2011 accident at fukushima nuclear plant prompted japan to take a look -- closer look at where its electricity came from. japanese government officials are trying to figure out what mix of energy sources will mee

let's see what's going on in east asia. i'm going to have more on this later on.ing weekend is absolutely going to be looking beautiful in northeast asia. temperatures are on the rise. beijing with a high of 20 there. by your thursday. and tokyo, you're going to be into the mid 20s heading into your saturday. i'll leave you now with your extended outlook. ♪ ♪ ♪ >>> and that wraps up this edition of "newsline." i'm catherine kobayashi in tokyo. thanks for joining us. >>> today asian voices comes to you from lahore pakistan. an activist trying to protect the rights of many. >> hina jilani is fighting to improve human rights in pakistan for more than 30 years. it was here in pakistan that malala yousafzai who shared last year's nobel peace prize

leaders in southeast asia are just nine months away from

in other markets across the asia pacific we are seeing a mixed picture. australian stocks are trading lower. they're losing ground on lower iron ore prices. and china's lower economic growth target. china is australia's largest trade partner. and over in seoul the kospi opened higher. boosted by gains on wall street. right now it's trading higher by more than a third percent above 2,000. i'll have more headlines for you in business next hour. i'll leave you with a check on some other markets. ♪ ♪ >>> every morning investors turn their attention to asia. the tokyo market leads the way. and markets around the world follow. >> from the decisions that could change the course of an economy. >> to the companies at the forefront of change. >> up-to-the-minute market reports. >> and analysis by specialists from around the world. >> get all the latest business news and insight every day, here on "newsline." >>> u.n. officials say thousands of people in iraq have left their homes with few belongings to flee the violence. and they warn the number could rise. iraqi f

probably asia. tidjane thiam has a tremendous track record in asia.ly in asia, but in asset management insurance. it can see some link as well. that is very much what investors are asking. and hoping for. francine: i remember we spoke to him about five or six years ago after he tried to buy a part of aig for provincial. you said you have to be bold because investors forget and forgive. if you do both at the beginning, do you think you're going to have a big announcement or will he take his time? >> he's got the reputation for being disciplined asset locator. he has the track record. we know asia is growing of growth for asset managers. that is where his experiences are. guy: would it be better to appoint somebody from a more wealth management background? >> it is an interesting question. we saw the share price performance reaction to the appointment of someone who is seen as perhaps in between the two. not an investment banker, not a wealth manager, but i think the fact that he has a very good track record in execution and has an expertise in the area

right here, and then will come to you, sir. >> i learned that central asia is similar to southeast asia, and thank you for a very comprehensive program you have put forth, including human rights and everything. i know that last week on the 19th you met with the vietnamese minister of the public security. and i would like to ask essentially, we are coming into the 20th year of the relationship and we have seen a lot of positive achievements between the two countries. but is there a lesson that we can learn and apply to central asia, and is there a negative lesson that we can also learn and apply and avoid? mr. blinken: thank you. i have to say one of the great success stories i think of recent years and has been the deeper and deeper relationship of the united states and vietnam. we are seeing that merge more and more in recent years in recent weeks, and indeed i had the opportunity to meet with several senior officials from vietnam. i hope and go there in the not-too-distant future. i think it is motivated by a number of things. first and foremost, i think it is motivated by an increasi

let's get a summary of what happened in markets in asia so far today. sri standing by as ever in singapore for us. >> good to see you. it's interesting wasn't it? the composure has returned to the asian markets toward the close of trade. yes, the pmi number the first blush number the flash figure from hsbc was pretty ropey and it did tell us that the chinese economy remains very fragile, especially eternal domestic demand. activity dropping to an 11 month low. so that builds the case for more stimulus but they didn't see it that way. they seemed to take the numbers at literal face value. we did see quite a sharp sell off by as much as 2% but they did stage a come back and here we are. steady at the close for the shanghai composite so what the markets are are doing is probably from running the idea of more stimulus. being brought to bear into the system more injections more cuts. so that's request we got a degree of composure toward the end of trade. important points and notes about these numbers is its the first clean read that we've got in the data set

we're talking about a little bit of wet weather as we look at east asia toward japan. low pressure system pushing toward the east bringing some cloud cover, we are looking at the system bringing some rain overnight into tuesday. and then we should start seeing some improvement by the afternoon hours with some warm conditions, as well as the southerly flow moves into the picture. we just have some instability into china bringing rain from shanghai in to chongqing. expect to have the umbrella available. 19 for the high in tokyo. again we're seeing eventual clearing by the afternoon hours for tuesday. now when it comes to the forecast for europe most of the continent looking at dry weather. down toward the western mediterranean we have this low pressure system bringing a lot of moisture into places like rome. you're going to see some wet weather. may extend into tuesday, as well. dry for the rest of the continent except for a little bit of a disturbance over into the united kingdom. you'll see a chance for some rain as we go into monday. now i want to take you over into t

at least in terms of the relative picture toward east asia.ve a typhoon moving toward the west. it is currently a strong typhoon expected to become even stronger as we continue on throughout the next couple of days. but as we go into wednesday, we're going to see a resistance coming in from the west and because this is going to try to tear the storm apart. it's going to have a little bit of a difficult time trying to get to the philippines. we will watch the system. potentially a very strong typhoon as we go into the next 24 hours. now, i want to take you over to tibet, where we're talking about a late spring -- or a late winter early spring storm. let's take a look at some video coming out of the region. where visibility was pretty heavily affected by this. up to 30 centimeters of snow fell on sunday with a snow drift in the area the depth reaching as high as 70 centimeters in some places. significant storm, low visibility causing some dangerous driving conditions, we will see the snow starting to push toward the east but we will still see th

what is going wrong in asia?ke business in usual in asia. >> they didn't feel the recession. >> i think part of that strong growth is more of a shortage of those senior level to be successful in senior level positions. many asian economies are growing faster than their companies and universities can produce people that are able to take the top positions. there is a real supply and demand issue there. >> it must make it hard in some ways i guess for the employer to manage these differences and have their workforce i guess feeling valued. >> absolutely. there are a couple of things there. there is a strong link between employees. when they are clear about what their job is what is expected of them and how they stack up against that clear about where they are on their career ladder and what they need to do to get to the next level and clear about how the pay is decided. i think employers can do a lot to figure out where they stand on each issue and then be transparent in communicating them. there is a lot employers

more to come on this edition of "asia edge." >> a new smartphone challenge against apple. china cuts rates as the government tries to tackle the slow down. reaction from that when we returned to "asia edge." >> let's take a look at some of the stories making headlines. >> greece wants more talks on its debt repayments, but insists it will not renege on what it owes to the imf. the government faces $7.5 billion to the ecb this summer. they pledged a series of government reforms that must be finalized by april. greece will not be given any more money until those reforms are accepted by their creditors. >> we will prioritize, we will not be the first country not to meet our obligations to the imf. we shall squeeze blood out of stone if we need to do this on our own. the ecb payments are in a different league and we shall have to determine this. >> the israeli prime minister has arrived in washington for a speech to congress that president obama does not want him to give. the speech has strained relations with the u.s.. he was invited by republican leaders who did not tell the

china is just one, northeast asia.ndia and to some extent indonesia, represent two other huge parts of the jigsaw. as well as the continued significance of japan. the world sits with bated breath to see if prime minister modi succeeds. if you follow indian politics, the good citizens of delhi said, thank you very much but not too far too fast. managing an economic program with the complexities of that indian democracy and federation will require a high level of sainthood in order to navigate your way through. that is before you encounter the indian bureaucracy. i think the world wants prime minister modi to succeed. my first visit as president of the society will be to delhi. we want to work as actively as we can with the indian government to make sure we can cooperate on their policy success. >> what is your favorite chinese proverb and what does it teach us about chinese culture? >> i assume that precludes rude statements. the asian society is a family society. the one that captures my mind is a saying of mao's. [ind

only countrya: the in asia with a aaa rating. a littled island, less than 60 square kilometers, and few resources to start with. policies had to be put in place to find employment, to find industries. it was a difficult period they had to start with. are some of the key policies that have helped singapore be where it is today? policy is one thing, executing them is another one. you need determination. with a team of people you are talking about, they are essentially thinking about how to get people employed. get people to come in to invest in singapore. i think a system in place that attracts essential businesses to come to singapore, which is why singapore, half of the gdp today came from foreign companies. ease of doing business, being open, very clean, very transparent government. i think these are key features that make singapore what it is today. haslinda: to talk about execution. a lay therrent team fear there will be a change in policy? the fact that he has been so weak in the past two years, i think the current team is ve

have benefited in free trade and stability in asia. well, i think it's going to be analogous to what we've done in the past. the army provides foundational capabilities. in the army operating concept we say we're the foundation of the joint force. and what that means is the army provides multiple options to the president and secretary of defense across all theaters. what does that mean? that means theater logistics capabilities, ballistic missiles defense, intelligence capabilities, communications capabilities. but also what we provide is really a tangible and credible commitment of the united states of america, as you know better than anybody, the role of land forces in establishing and maintaining security. i mentioned the key role in northeast asia for army forces. but i think what you see is that applies broadly throughout the region. i think in particular working through partners in asia and the dominant military service in our partner countries is the army. and so i think that that is a vitally important role. army forces conduct