and then we'll come to you, sir. >> i learned that central asia is very much similar to southeast asiae program you have put forth, including human rights and everything. i know that last week on the 19th you met with vietnamese minister of the public security. and i would like to ask essentially, we are coming into the 20th year of the normalized relationship, and we've 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? >> thank you. i have to say one of the great success stories i think of recent years has been the deeper and deeper relationship to the united states and vietnam have developed. 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 increasingly open view among the vietna

. -- feed and close the needy in asia. [applause] we should not allow people to go hungry and wear rags while our own warehouses overflow with an abundance of wheat, corn, rice and cotton. [applause] i will very shortly name a special team of outstanding patriotic americans. this team will be headed by mr. eugene black, the very able former president of the world bank. development will not be easy. peace will be necessary for a final success, but we cannot and must not wait for peace to begin this job. [applause] this will be disorderly planning for a long time. in asia as elsewhere, the forces of the modern world are shaking always. there will be turbulence and struggle and even violence. great social change as we see in our own country now does not always come without conflict. we must also expect nations will on occasion be in dispute with us. it may be because we are rich or powerful or because we have made some mistakes or because they honestly fear our intentions. however, no nation need ever fear that we desire thei

east asia pacific the most rapidly aging region. will be significant fiscal needs associated with this. fiscal policy is where we would emphasize the focus to be. that includes looking at expenditures, and in particular subsidies on fuel are a big issue. indonesia and malaysia have moved in the right direction. it will be important to sustain that. angie: fine-tuning. it is dependent for a lot of economies in this region. sudhir shetty, thank you so much. rishaad: some other stories we are tracking today hyundai grabbing the number one spot as china's favorite car. it goes further than gm in the state backed survey. byd was named the top chinese carmaker and audi was first in the luxury category. chinese property developer kaisa founder has returned home. he resigned in december over a corruption probe. he and his brothers controlled nearly half of the company. indian prime minister narendra modi corning german investment to speed of growth in asia's third-biggest economy. modi said that they were huge opportunities for cooperation

asia edge is next.the chairman of boston consulting. ♪ ♪ rishaad: hello everybody, it is the middle of the asian trading day. edge." "asia ♪ shanghai swing. chinese shares rise and then fall and then rise again as investors weigh out contradictory measures. bank in an effort to revive growth. beijing's for me security chief accused of spying on the top leadership. >> also coming up this hour, shanghai surprise. china's biggest motor show is set to open. billion-dollar baby. furious seven could drive a record-breaking summer at the box office. officials sayan kim jong-un has scaled the highest peak in the country. asian stocks today trending --er, falling -- causing following a selloff in the u.s.. leaders are fleeing into stimulus mode. shanghai rising 1% for the first -- for the third consecutive day.

we will speak to various asia heads about -- marriott's asia head about its expansion plans.irst up." ♪ turning it on the look waited the. china banks open road. oh paying the law of gravity. wayese shares are not a one that. layouts of plans if greece wants access to new aid. good monday morning to you. welcome. i'm coming to you from that asian headquarters in hong kong. mode.swings into stimulus is watching the developments of merge in beijing. >> yes. china has repeatedly said it has tools to support a growth target set through monetary policy and other stimulus measures. it is starting to show that with reservists cut. and it has onhigh -- it is unleashed $200 billion into the market. this is the second time the bank cut rates this year. this cut is much bigger than what most expected and the central bank economists said that it is meant to help cut cause. they have money going into private businesses. the slow economy is making a lot of central banks preferring to stick to central entities right the real economy is where it is most needed. and realeing outlooks interest

asia needs infrastructure. there are a lot of countries that have difficulty financing infrastructure, but if they got that put in place and developed, they can grow much more rapidly and it's good for everybody. it's good for that country, it's good for the world economy, it's good for us, we want more markets, to be able to get our goods in and sell our services that are some of the best in the world. and china's got a lot of money. it has been running a big surplus for quite some time. to the extent that china wants to put capital into development projects around the region that's a positive. that's a good thing. so let me be very clear and dispel this notion that we were opposed or opposed to other countries participating in the asia infrastructure bank. that is not true. it sprung up out of one story after the brits decided they were going to join up and folks have just been running with it. and there have been all these editorials subsequently based on these reports, not from any official position of the

burt david said in from north asia. saint easterbrook's in the philippines for east asia. bill farnsworth in bangkok where i come from who is in charge of south asia and we in new york were supposed to be the coordinators and make things work together. and it did work pretty well. george was an interesting guy and it was a concept that got the decision-making down much closer to where the action was. just make life a little more complicated for some people. one of the things that the things the division heads were working on, clearly the evacuation and a lot of work on how to deal with the placement of this staff, how the settlements would be made thanks to the personnel record so many of the skills of people and there is a group put together good personnel officers to deal with that. we also were worried about the side effects have it because clearly if we left vietnam there were a lot of countries in asia that would raise questions. the division has put together a common approach to go around to all the central bank and explain what we're doing,, why we did it and assure

. -- about indo-asia-pacific. now they are significantly engaged in u.s. and u.s. companies. they do more military exercises with the united states than they do with any other nation your i think there is an opportunity under par mr. modi. as i conclude, can you comment on india-u.s. policy at this time. adm. locklear: part of it was to develop a strategy for security with india. i think we have a tremendous opportunity here as the leadership changes in india and the world changes for them to be a growing partner with the united states. not necessarily an ally and partner, but a growing partner. some of the defense trade initiatives we have with them will bring us together in a more productive way for many years to come. senator kaine: think you, -- thank you very much. general scaparrotti i believe that our work in south korea is important. i think it is an important relationship. they have been goode allies as have been the japanese and others in the pacific. add that long-term umbrella relationship, partnership

the mood in southeast asia is good. very good discussions on the aec which is very good news for air asia and i feel the optimism in the end -- in the economic community. rishaad: more from the world economic forum still to come. the cochair of the event will join us live about 40 minutes from now. that is 1:50 p.m. in sydney if you are watching their. up next, china is heading into stimulus mode. ♪ >> checking some of the stories making headlines around the world. rishaad: a boat packed with migrants capsized off the boat of libya. an estimated 700 people seeking refuge in europe were on board and if confirmed it will be the deadliest such tragedy in the mediterranean. an emergency eu meeting has been called for on friday to deal with the issue. >> christians appear to have been executed in libya by the islamic state. the victims were christians belonging to " the hostile ethiopian church." rishaad: leader of yemen's who the rebels have -- houthi rebels has said he will not surrender and has accused saudi's of being se

serving as an asia pacific power has been critical to that. as i said before we welcome china's peaceful rise. we think it's good not only because china is a booming potential market we think it's good not only because it allows china potentially to share some burdens with us in helping countries that are not as far along develop, but we think it's just good that hundreds of millions of chinese citizens have been able to rise out of poverty at incredible speed over the last several of years. they could not have done that had it not been for a stable trading system and -- and world order that is underwritten in large part by the work that our alliances do. i think it is going to be important for us to continue to adapt to new challenges. so part of the goal here is that the same principles that the alliance was founded on continually update to concerns about cyber threats; that we are nimble and responsive to potential conflicts that may arise because of maritime disputes, but i think we have to do it in a way that brings in china and other cou

, northeast asia. and to understand we have to try to understand what their side of the equation is. and to be honest with you some of the things they have done aren't quite clear today. so, you know we always get a debate about whether we should continue mill to mill, if we're unhappy with the things they're doing, mill to mill engagement. i'm a proponent of taking risks there because there benefit in us continuing to have dialogue, to try to establish those types of frameworks that allow us to communicate with each other in crisis. we have had some good work with the prc lately of building some confidence building measures that allow us to understand how to operate with each other in these constrained water ways so we don't have a bunch of lieutenants and captains and commanders of ships out there making, you know bad decisions that might escalate us to something we didn't -- that escalate us into a lucidities trap. we need to keep engaging them. we need to be forth right about how we feel about thes

and canada, europe asia, everywhere. when we do the same thing, they tell us we are building an empire. why can't we have integration? it is not our goal to build an empire. we don't have an bureau aspiration -- imperial aspirations. we want to make sure russians living in neighboring countries have a decent life by developing our cooperation with them. >> russia is a country where thousands of the ukrainians found refuge. take the town on the border of the ukraine. we have our reporter working there. reporter: we are at a hotel. refugees from ukraine live here. most of them injured two weeks ago and they are deciding where to go and whether they will find a job. there are 19 people in this hotel including several children. conditions have been created for them. all of the children go to school. younger children have therapy sessions. we spent a few days here and got to know them. we left introduce you. how old are you? >> 4. >> where did you come from? tell us about your hometown. can you tell us about it? >> it was bom

submarines. 200 of them are in the indo-asia pacific. some are owned by our partners and allies but many are not. so the increasing number of submarines that have been increasing in technology, it changes the dynamic of how we have to operate in the area. and the type of tactics and procedures and operational concepts we have to develop to ensure we remain dominant. but i look at it as like a fact of life. it's going to happen. we have to deal with it. >> so in our dealing with it though especially with our partner, our allies does this require us to be very much more collaborative and to share information so that we're on the same page, so to speak, in that part of the world? >> it does. it not only requires us to share bilaterally more in a particularly difficult environment, undersea and maritime domain but it also requires them to be able to share with their other neighbors that have that capacity as well. as you know in the indo-asia pacific, those multi-lateral organizations don't exist to facilitate that. we're seeing the growth o

. >>> china's balance with a push to plug asia's infrastructure trap. you hear from a man calling it a wake-up call for washington. om-ali velshi, this is -- i'm ali velshi this is "real money". >>> is this a battle brewing between america's influence and americans interest? union leaders, environmentalists and a loud major city of congressman are on the left, slamming president obama for his support of the trans-pacific partnership. others insist that the president and his forehands on the right are lined behind the controversial trade pack are doing what the u.s. needs to do to be competitive in the face of china's growing influence. the first question is not about china or the politics, it's direct. what is controversial about a trade deal. >> the trans-pacific partnership removes the trade barriers and tariffs around countries in the pacific rim. taking up to a third of trade and 40% of global economic activity. china, a fast-growing economy is specifically being left out of those talks by design. in the global competition for influence, the obama a

nepal is one of asia's poorest countries.losses could be as high as 35 or even 50% of gdp. the fact that nepal is one of asia's poorest countries makes the earthquake even more devastating. there is an international response. >> absolutely. getting there is one of the first challenges and getting those much needed supplies. you notice that this is one of asia's poorest countries. united nations says 6 million people live in the affected areas. headmanned itself is a densely populated -- kathmandu itself is a densely populated city. earthquake.e not only impacted nepal, but neighboring countries as well. it has had a significant impact on the infrastructure. now you have organizations from around the world rushing to get there. getting there and getting around when you are there is a key challenge. there's limited airpower. helicopters and planes to get around. road infrastructure is limited. earlier in the show, you spoke with an aid worker. talked about getting out today to some of the further out areas that in some cases on

asia needs infrastructure. there are a lot of countries that have difficulty financing infrastructure, but if they got that infrastructure put in place and developed, they can grow much more rapidly and that's good for everybody. it's good for that country it's good for the world economy. it's good for us. we want more markets. to be able to get our goods in and sell our services that are some of the best in the world and china's got a lot of money. they've been running a big surplus for quite sometime. so to the extent that china wants to put capital into development projects around the region, that's a positive. that's a good thing. so let me be very clear and dispel this notion that we were opposed or are opposed to other countries participating in the asia infrastructure bank. that is simply not true. it sprung up out of one story after the brits decided they were going to join up and folks have been running at it. there have been a lot of editorials subsequently from these reports, not from any official po

andrew: asia.ry single index in lookkong but has to -- you at every single index in hong kong that has to do with china, nowhere near that. the chinese, that is a meaningless statement. equities have spectacular performance at a time where there are no signs that the economy is clearly based. [laughter] angie: a lot of us are scratching our heads. andrew: philippines are the second-best performing equity market in asia. they get that, that will be a boost for india and they have been the best performer. there are a couple of situations in asia that i like all stop -- like. angie: new ideas, india and the philippines. andrew: filipino macros are good and india has the big advantage. angie: we will leave it there, thank you so much for that. coming up next, disappointing due to our cause a drop to the dollar. details coming up after a short break. ♪ >> loses monday and these are your headlines. the dollar is weak after a surprisingly weak statement on friday. the forecast was for 245,000 jobs added i

throughout asia and southeast asia. in which they feel that rather than resolve these issues through normal international dispute settlements, they are flexing their muscles. and we've said to china, what we would say to any country, if that circumstance. that's the wrong way to go about it. and we will continue to work with all countries in the region. starting with our treaty allies. to make sure that basic international norms continue to be observed. >>. >> translator: on the issue of comfort women, i am deeply pained to think about the comfort women who experienced immeasurable pain and suffering as a result of victimization due to human trafficking. this is a feeling that i share equally with my predecessors. the abe cabinet upholds the corner statement and has no intention to revise it. based on this position, japan has made a various efforts to provide realistic relief for the comfort women. in throughout the history of the 20th century. women's dignity and human rights had often been infringed upon during wars.

and northeast asia. and to understand we have to try to understand what their side of the equation is. and to be honest with you, some of the things they've done aren't really clear today. so, you know, we always get in a debate about whether wished continue mil to -- whether we should continue mil to mil. i am an proponent of continuing to take rusk there -- risk there. to try to establish those types of frameworks that allow us to communicate with each other in crisis we've had some good work with the prc lately of building confidence-building measures that help us understand how to operate with each other in these constrained waterways so we don't have a bunch of captains and commanders of ships out there making bad decisions that might escalate us into something that -- that escalate us into a -- [inaudible] trap. i think we need to continue to keep engaging them but i think we need to be forthright and what the position is on u.s. behavior and it doesn't match what our allies and partners and value

they're making themselves the economic power in asia, the industrial power in asia and the strategic power in asia and eventually they're going to displace the united states and pakistan which is a next-door neighbor to them and 8,000 miles from the united states. that's the future, john. eleanor: it's a hugely ambitious project. they're basically constructing it over land and sea, the new silk road that connects europe and asia. when the u.s. put in i think $7 billion or $9 billion in 2009 when obama first came in they put in infrastructure com -- that's a pittance compared to what the tchoins are doing. overall i think it's a good thing for anybody. i think the pakistanis are not going to be anybody's reliable ally and if they put this this money in and help pakistan become a more stable, wealthy company -- country, it's for everybody's go -- good. john: aside from protecting its oil importsflt middle east, why else is china interested in this port? do you happen to know? clarence: it does have a high strategic interest. i look at what they're doing in africa they've become a leadi

northeast asia, the safer everyone is. you don't want anyone to be irrational. we do not want to have a war in northeast asia, we want to prevent one. these are two leaders have said that today, and will say it again tomorrow, that when the united states and japan are allied it makes all of northeast asia safer. katty: the other thing the prime minister was asked about is something congress will be watching during his address tomorrow what he says about the second world war. he was asked if it was not an opportunity to apologize for the council, does that make the japanese prime minister's life easier if you made an apology for what japan did during the second world war. >> i've literally lost count of how many times they have apologized. the apologies have been met with , very insincere is what was claimed. the prime minister is saying that japan has been a model citizen or 70 years, that should count for something. that is history as well. the secret to the united states 's and japan's relationship is that we are looking

japan's prime minister pledged to peace and prosperity in asia and africa. shinzo abe made the assurance in a conference in indonesia. he referred to remorse for his country's action during world war ii. >> reporter: prime minister abe addressed the ashane african summit in the indonesian capital earlier today. leaders gathered from more than 80 countries in asia africa and the middle east. abe referred to the principles that were adopted at the historic bandung conference 60 years ago and stressed japan has been a peaceful nation since the end of world war ii. >> translator: refraining from acts or threats of aggression or use of force against the territorial integrity or political independence of any country country, settling international disputes. >> reporter: abe didn't mention apologies made in the past by japanese leaders. ten years ago the then prime minister addressed the same summit where he expressed deep remorse an and apology for japan's past aggression and colonial rule. he emphasized the development of other countries in asia and africa. he sa

, northeast asia. and

opening markets across asia pacific. potential stumbling blocks opposition at home to president obama, for members of his own party, democrats proposed for a deal. the talks focus on asia pacific security. china's power is rising. there's a dispute between china and japan. over a set of islands in the east nina ski. they are angry over what they say is his desire to play down the actions of the army especially over the issue of the comfort women. there'll be a media event on monday when top officials sign a deal with japan, where they agree to take a bigger role in providing for self-defence. they visit boston san francisco and los angeles during the visit to the united states. >> now, shinzo abe's visit comes on the heels of the asia africa summit. much was symbolic. some admitted to political power and all things emarriaging. as mike -- emerging. relations have wavered. shinzo abe drawing criticism, after sending an offering to a shrine honouring the war dead. shinzo abe met with the chinese president in a bid to smoot

so they put it onto asia. so we have wind power in the north sea that cannot get to where it's needed with the south. so there are many issues and we certainly believe in promoting a strong global market for oil and gas and other energies and of course the green energy as well. >> at this point there is not a particular need. >> yes exactly. >> okay, drawing upon your career in government talking both about the national security objectives that are locked in with trade agreements and perhaps you can also talk about how hard it is to get these deals done. and it's crucial to this end she said to me that they have no idea and it takes a huge amount of effort and a huge amount of concentration to push one of these quite ambitious situations through. >> let me congratulate you and the atlantic council for bringing us together. because the focus this morning is not just on economics which i think is quite important, but it's pointing out how these trade agreements are really absolutely crucial for international sec

companyt asia's biggest posted gains.putting this down to a higher interests and a one-off property sale in hong kong. the philippines has called on standast asian nations to up to china in disputed waters. the prime minister telling the meeting that china is poised to have control of potentially rich seas and islands. china is coming on stream, here is david. david: strong out of the dates with the shanghai composite, 44 and 41 or the shanghai composite, up 1%. for the shanghai composite, up 1%. that looks like a disaster waiting to happen but good on you, for the investors. a quick look as well at the index, the hang seng, out of the gates. regulator,curities will be targeting creating by brokerage employees -- targeting trading by brokerage employees using nonpublic information, cracking down on insider trading. china announcing on the weekend of a will be raising gasoline prices on the mainland in in gase to the uptick prices, at the highest in the year. by 285.hould be up we are watching individual 58%ies, china bank

and this [inaudible] the asia country is at best outside asia [inaudible] adb is part of this and we play that contributor function and this includes the older views [inaudible] [inaudible] the policy between china and the president himself. and the secretary made a speech [inaudible] including pension reform. and it's very important for members of this they are working together to contribute to improve and enhance theirs. they strongly urge congress to be approved [inaudible] and also damaged was the image of the united states. i strongly hope that the u.s. congress can discuss a proposal including that internal debate. [inaudible] [inaudible] >> president obama advise the president of china to have this in the u.s. in september. we strongly believe in the successful meetings between him and president obama and that includes relations between china and u.s. and [inaudible] in california. [inaudible] [inaudible] and that includes the treaty between us and asia, the one in negotiation and [inaudible] [inaudible] [inaudible] and so that is part of it. but for the last three years they

the biggest contributors across asia is burning. there it is important that governments and local authorities help people understand and finance, friendships, the replacement of cook stoves which could leave to indoor air pollution. >> changes needed across the board. the executive director of clean air asia joining us from the philippine capital manila >>> the japanese prime minister shinzo abe is being honoured in washington d.c. the obama administration is hoping to sign a major bilateral trade agreement. patty culhane reports. >> prime minister shinzo abe is getting the kind of attention reserved for few world leaders. a private tour of the lincoln monument welcoming and hand shakes in the afl office. -- oval office. and for the first time a japanese officer addressing the congress. there's a reason beyond the normal relationship. money. on the men ou is -- menu is beef. particularly the trans-pacific partnership is on the agenda. >> i'm clear that t.p.p. is good for american officials and businesses. >> reporter: top white hous

and south asia. chance to do that. but more importantly, make the rules right. or make the rules. there are no rules. there are agreements. and get a set of rules so the region can connect to. there has to be a principle behind them. mr. kempe: let me go back and ask if general jones has any -- any comments on what they have heard, and then we will go to the audience. ms. atkinson: yes, i want to jump in and thank you for your terrific explanation about happiness of america and that, of course, is what drives me. two points. the first is that he is absolutely right about how welcoming and important it is to establish rules and norms and standards. and it has been put into that and it will come to fruition when we are able to close this on the basis of a strong bipartisan support, which goes to this functioning. the other thing is that if we do not do this, and i agree with you that i believe this will happen if one imagines not going forward, the world would not stay the same. kim referred to the 5 m

in adig, with regard to the situation if east asia, north korea nuclear missile issues the situation in ukraine, nuclear issue in iran and the threat of terrorism. furthermore climate change, infectious and commune fa kbl diseases, the u.s. security council reform, the world has a multitude of issues facing it. and on these all sorts of issues that we have had a candid exchange of views and we agreed we would cooperate. when it comes to the future of japan and the united states, there are infinite possibilities. energy, infrastructure, science and technology, space, and in adig to this the empowerment of women. we agree between president obama and myself that we would cooperate and move forward in making inveriment for the future. i would like to express to president obama and the citizens of the united states who are taking on the multitude of challenges in this world and the efforts you are making for the benefit of the peoples of the woorlds. yesterday i visited the jfk library in boston. on television i saw president kennedy deliver his inauguration speech. it deeply resonated wi

right well, welcome back to "asia edge."lions of people travel abroad to earn a living the it's economic necessity because their home nations cannot afford to keep them there. but it's not easy not for those who go or those who are left behind. a special report. >> they keep their heads down and go to work, usually barely noticed. but mike rant workers make the economies tick. look at indonesia and the philippines. southeast asia's two most populous countries. both have done well but beneath the glitzy headlines, there is a problem. their own citizens do better elsewhere. >> find willing -- finding a job is quite hard, especially if you are not educated. >> i came here for work to help my family. i have more brothers and sisters. it's a struggle for me, leaving my baby back home. but i have to to be here for her. >> it's estimated about 6.5 millionnesians work -- indonesians work overseas. 80% tv -- are domestic helpers. the philippines presents an even more dramatic picture. about 10.5 million are estimated to be living ove

but asia down 6%. asia off by 1.3%. only eking out growth in the u.s. and africa. diageo having a pretty poor quarter. they say it is tough in emerging markets, and consumer weakness in the developed market. jonathan: thank you, caroline. diageo one of the big losers on the ftse 100. in the bond market, another headline. check out the 30-year. 0.5%, we go below that. if you've got a lot of money, where on earth do you put it best and mark -- where do you put it,? the ubs wealth management summit is underway in switzerland. what is on the mind of the wealth managers? i imagine one of the things they are worried about is this environment of low yields. manus cranny is standing by with a guest. manus: thanks for that. with me here, there's going to be $11 billion represented. $2 trillion of that belongs to the house of ubs wealth management. we have the president of ubs wealth management. great to have you with me. great markets in the equity markets in asia. the big focus for you guys. have they all joined in in asia? >> they are joining in. a lot of people did miss

asia needs infrastructure. there are a lot of countries that have difficulty financing infrastructure, if we have the infrastructure put in place and developed, they can grow much more rapidly and that is good for everybody. it is good for that country, it is good for the world economy it is good for us. we want more markets to get our goods in and sell our services to some of the best in the world. and china has a lot of money. it is running a big surplus for quite some time. to the extent that china wants to put capital into development projects around the region that is a positive, that is a good thing. let me be very clear and dispel this notion that we were opposed or are opposed to other countries participating in the asia info structure bank. that is something not true. it sprung up out of one story after the brits decided they would join up, and folks have been running with it, and there have been all of these editorials subsequently based on these reports not for me official position of the united stat

and south asia. more important than that, make the rules right. make the rules. there are no rules. there are agreements. and get a set of rules so the region can connect to. there has to be a principalle behind them. mr. kempe: let me go back and ask if general jones has any other suggestions. ms. atkinson: yes, i want to jump in and thank you for your terrific explanation about happiness, and that is what drives me. two points. the first is that he is absolutely right about how welcoming and important it is to establish rules and norms and standards. and it has been put into that and it will come to fruition when we are able to close this on the basis of a strong bipartisan support, which goes to this functioning. the other thing is that if we do not do this, and i agree with you that i believe this will happen if one imagines not going forward, the world would not stay the same. it is going to turn into 3 billion in 10 years time, 95% of the world's consumers are outside of america. they will go o

markets trading in the asia-pacific.25 seeing fractional gains here and we are further away from that 20,000 mark. we will see how it goes today. pist be gaining -- kos gaining. let's get more on the market action. you., it is good to see let's kick things off with the trade data. mission orders better than expected. we have inflation. science -- good igns? it is not that easy to be able to tell just from this set of data alone. the hard part is judging to what extent we are going to seat the big benefits that japan should be able to over the last year or so. it has been great news. they have been benefiting from being much more competitive abroad. is go what we need to see beyond the yen weakness. see what is going on domestically. if that goes well, there will be continuing rises in wages every year. they could help revive the economy and show that prices are rising. that could get ins moving a lot more even though we have that even more than we have seen. what we have been getting is the .irst arrow of economics even

japan alliance it's primarily a conflict between china and various claimants throughout east asia and southeast asia in which they feel that rather than resolve these issues through normal international dispute settlements, that they are flexing their muscles. and we have said to china, what we would say to any country in that circumstance that's the wrong way to go about it. and we will continue to work with all countries in the region starting with our treaty allies to make sure that basic international norms continue to be observed. >> on the issue of women i am deeply pained to think about the women who have experienced immeasurable pain and suffering as a result of the victimization few to human trafficking. has no vince to revise it. based on this position, japan has made various efforts to provide realistic relief for the comfort of women. and throughout the history of the 20th century women's dignity and basic rights have been infringed upon in wars. we intend to make the twenty-first century a world where no human rights violations against women. i promised that the general a

this is "asia edge."y that samsung's profit jumped above 5 billion in the last quarter. shares taking off on reports he -- sharp wants to spin off its l.e.d. business. coming up. far from home, a special report . that and more in this easter monday edition of "asia edge." our top story, samsung, top mover in seoul. reports are that its sales will be way ahead of expectations. >> shares rising on this optimism. there is a report today in the "korea economic daily" saying that managers have revealed that their operating profit in the first quarter is likely to ise more than 5% from the $5 billion u.s. seen in the fourth quarter. this would be well above analysts' expectations, looking for

they are expanding in asia. china is one market.are already considering one third of revenue there with potential for modi opening up the banking industry to foreign lenders but having said that it is challenging very difficult to do business overseas. i remember that they had ambitions in indonesia, for example. they attempted to buy over with $6.5 billion and it did not work out. as much as expansion is a strategy, it's not without challenges. >> all right, despite the heat today, headwinds reflected in the markets today, thank you for that. all the details coming in for the latest earnings. coming up, the latest on the devastation in nepal with our asia edge special. we are going live to kathmandu after the short break. back in two minutes. just because i'm away from my desk doesn't mean i'm not working. comcast business understands that. their wifi isn't just fast near the router. it's fast in the break room. fast in the conference room. fast in tom's office. fast in other tom's office. fast in the foyer [pronounced foy-yer] or

and asia has been a very -- east asia has been a very stable region for the last few decades. and it's because of there u.s. presence in japan us has the most troops in japan. and then that is the -- that provides the stability of the region. so i think it's not the current -- the current situation in asia is not the change in the policy but confirmation and assurance of the u.s. commitment to the security and safety of the people in south pacific. >> how controversial is it, it is more important than oweapon of war. patricia sabga looks at the tpp and the economic bowngdz between bounds between u.s. and japan. >> the pacific trade deal, proposed block comprises of 40% of global output, that is a big chunk of the global economy to be writing rules about. but the tpp is not about tearing down trade barriers. vital instrument for containing china's rising influence. defense secretary ash carter has said passing the tpp is as important to him as, quote building a new aircraft carrier. the u.s. wants to strengthen u.s. allies in southeast asia, if that dispute escalates into an ar

asia is drawing attention for its role as the growth engine of the global economy. while africa has been dubbed the continent of hope. on wednesday indonesian president joko made an opening speech at the asian-african summit. he addressed the belief that global economic problems can still be solved through the world bank, the international monetary fund and the asian development bank. he called that idea obsolete. china's president xi jinping spoke about a multinational economic cooperation framework to promote large-scale infrastructure projects for the entire asian region. he emphasized the importance of establishing china's proposed asian infrastructure investment bank, or aiib. the latest conference comes in the year when people are also marking the 70th anniversary of the end of world war ii. even after so many years, indonesian president joko admits that many countries in asia and africa are still plagued by poverty. >> i think what the asian and african countries needs to do is to break down all these big visions of the leaders in the -- in this conference. i

army in asia? what are your concerns for the long-term viability between the crisis in the italy's and ukraine -- in the middle east and ukraine? secretary carter: good question that looks at the pivot or rebalance in the asia-pacific. half of humanity and half of the economic activity in the world upon which we depend is in the asia-pacific region. much of our future lies there. it security and our role in it essential to the american future. you have to keep that in mind. even though what is on tv every night -- there has been a lot of balance. when you are doing strategy, you had remember what the fundamentals are. this is an important part of the world. the rebalance was a word used to signify our awareness that has a wars in iraq and afghanistan wound down. even as a fight against my soul begins and there's continued turmoil there, we have to pay attention. the west about the army. a good question. it is all water, right? it is all water and air. what is an army going to do out there? their ar

faces, more central asia looking. and come at the very charismatic leader of which we have a gentleman wearing one of their hats. persian. not in the good graces of the cia or pakistanis. here, they are announcing the eventual takeover of kabul. which ministries will attack at which intersections. the entire competition versus the posh stands -- pushtons. one week later, you have these fearless fighters blocking an intersection and who are they blocking but the pashtuns. if you look closely, no shoes. they are fearless villas. we also thought their blood might the green. they were just mad and they loved to fight. they fight for loot and narcotics. the victory celebration lasted about 24 hours and we will dip into the civil immediately. 1993, the onus of any civil war falls on the civilians. here you have a man who went out early wanting to probably get milk and eggs caught in the crossfire, injured. he is carried across by a civilian and a policeman. a typical scene in downtown kabul in 1993. this is the ministry of

most markets in asia-pacific region ended lower. ind nearonesia extended its losses closing down by 0.06%. the index fell 3.5% on monday. sydney declined 0.57%, snapping three days of gains. investors shrugged off the rebound to iron ore prices. >>> engineers at yamaha have started making motorbikes again in pakistan. they want to meet the growing demand in the highly populated country. yamaha motor executives and local government officials celebrated the start of a new factory in the largest city of karachi. yamaha pulled out of the country seven years ago. pakistan's population is forecast to top 200 million in five years. and the use of motorcycles is expected to grow. the executives say they hope to make as many as 400,000 units annually in five years. they already have footholds in pakistan, but chinese brand motorcycles account for more than half the market share. yamaha's comeback is expected to fuel competition between japanese and chinese makers. >>> a survey of artists who draw japanese anime or animated cartoons suggest t