chris punongbayan is executive director of asian americans advancing justice, asian law caucus.nk you all for being here. now, this is meant to be a stimulating conversation, so feel free to jump in with your thoughts and ideas like you would with friends, because we are all friends here. all right? welcome. you know, cheryl cited the growing asian-american population in the u.s. this has historical basis, of course, in a very important piece of federal law that passed 50 years ago. so, chris, let's begin with you. how did the immigration and nationality act open the door for immigrants, specifically for asians? >> mm-hmm. so that law was really transformative for all immigrants but particularly from asia. prior to 1965, there were quotas sealing limits on immigrants from certain countries, but in 1965, the doors were opened wide. prior to 1965, there had only been 1.5 million immigrants from asia in almost the 150 years prior to that. since then, in the last 50 years, we've seen over 12 million immigrants come from asia, and this is all due to the 1965 act. >> all right, this i

currencies and asian assets.t if there is significant capital outflows, it could create some pressures on some of the currencies in asia. so it is one of the downside risks for 2017. over now to china where currency weakness is driving up demand for us dollars. the chinese yuan has lost 6.6% this year and with the american central bank, the fed expected to deliver more rate headaches in 2017, that wea kness more rate headaches in 2017, that weakness could continue. to help slow the yuan‘s appreciation, chinese authorities have placed a cap on the amount that can be converted into foreign currencies and that limit stands at $50,000 us per person. to get around this, people are putting their chinese currency into investment products that are priced in us dollars. kind of the structure products of funds provided by the banks or by the asset manager, because in china we have to quote our qdi, which is the qualified domestic institutional investors, under this quota for those asset managers, they're allowed to invest

it's about 20% asian.t has remained roughly the same over 20 years as the population of college age asian applicants has doubled. there is no argument, no reasonable argument against the fact that they have a quote system as they did against jews in the 20's and you are defending that. why? >> tucker, they don't have a quota system, first of all, it is unconstitutional. secondly when i was at harvard the percentage of asian americans was about 16% to 17%. today it's 1%. so it's actually increased by 30%. just since the time that i graduated. so it can't possibly be a quote system unless the quote numbers are changing and then it can't be a quota system. >> unless the applicant pool has doubled, which it has. it's doubled. that number has not doubled, as you know, and by the way the numbers for other racial groups have remained constant because there is a quota system. everybody is aware of it let me read you a quote from a man who does this for a living. his name is brian taylor. he runs a business that he

♪ >>> hello and welcome to a very special program for us here at "asian pacific america."'m robert handa your host for our show on nbc bay area and cozi tv and today we're presenting our 100th program since launching the show two years ago and we're proud for what our show has accomplished and celebrate the fact we get to keep on doing it. we thank all of our viewers for the very loyal support and positive feedback we've gotten. now, one of the things we wanted to do was present a weekly showcase for the creative arts in the asian-american and pacific islander communities. we thought that would be a nice way to celebrate this milestone show. we put the spotlight on young performers starting from a polynesian hula chance dupe, and then chinese folk music. after that we get to watch a vietnamese traditional dance from some artists from yerba ba w buena high school. stay and celebrate with us. starting off our 100th show is a group from silver creek high school with a polynesian hula dance. joining us is ken, the performing arts coordinating who helps run the creative as well

label, you know, or the asian-american, asian pacific-american label can no longer address the issue that is pacific islander students who identify themselves as indigenous communities, that label can no longer address those things. what ends up happening over time is the label ends up making invisible, right, making invisible these students, so the students feel that they're not included, but this is also apparent in my own studies in asian-american studies in which, you know, it's a great field but very little of it focuses on the pacific, and so you have community leaders that have been arguing for almost made 40, 50 years for the separation of this label, and then you have students in the recent 2000s that are also advocating for new programs in pacific studies. so i think as an ocean, they're coming together. >> i certainly understand that perspective. yeah. we use it to kind of be inclusive, not to be one single term. thank you very much for being here, and good luck. i hope that evolution continues there. >> thank you so much. >> all right. >>> next, wie show an example o some

and on other matters concerning the asian american community. but i want to voice my very strong support for her on the police commission because i believe that she possesses the qualities that we would want in a new commissioner. on that var important body. without casting any apersions i would describe her as a bull dog. she is a bull dog on causes that she pursues. she is a bull dog in investigating and getting down to the facts and getting down to the nitty gritty and getting down to the truth and trying to find so solutions she is a bull dog in up holding what she believes is right. and i think that these are qualities that would enhance the police commission. her also to, just the fact that she can converse in chinese. she not only represents the chinese american community well, but because she has also demonstrated out reach abilities and the commitment to the out reach to all in a given con stit you entcy, i think that speaks well for her. and also, too, if i may, indulge me. she would be a leadership model on the commission for many mem

asian futures signaling gains.nvestors look past geopolitical events to the prospect of faster u.s. economic growth. let's wrap up the week. great to have you. we talked about the rally happening before. donald trump was elected. it seems like the focus is shifting away from one fueled by liquidity to one about economics and the economy. will it be enough to keep this rally going? >> i think it will be enough to keep the rally going. as we look at the u.s. economy, we did see one that was improving already. it was not blockbuster growth, it was steady growth. the labor market was very tight. we are seeing wages start to increase. we were pointed toward a market that was going to do ok in a year ahead. we would caution the rally we were seeing does bring forward some of the returns we expected next year. we do see earnings growth coming through. we think the rebounding commodity price takes away the drag. while the dollar has gone up, we don't expected to go up a huge amount more. furtheret can deliver in 2017. yvon

>>> hello, and welcome to asian pacific america. i'm robert honda your host for the program here on nbc bay area and kozy tv. we start by showcasing a classical tiny dance in music. the performing arts company back in the bay area. >>> it's that time of year for the japanese-american community and others who appreciate race cakes to pounding the holiday mochi. the tasty treat and trat digs behind it. >>> after the community calendar, we have a return visit from one of the most popular guests. interview and performance with yoyo joe will be our final trick today. >>> we are always happy to welcome back the performing arts company which puts on a stunning show about chinese history. joining me, another former dancer and dance instructor with the academy of the arts california. mike, welcome. >> thank you, robert. >> people who aren't familiar with it, what is this performing arts and how did it get started? >> okay. so it is a professional performance company. which is big in the united states actually. and then it started in 2006, ab

and the asian pacific fund and currently in the california empowerment i've worked with many members of this board of supervisors and past board of supervisors and former mayors and written extensively on issues of human rights and race and, of course, immigration i've taught at again and again and straightforwardly and uc davis and chaired the asian-american studies at the davis and been commuting to san francisco i would hope that those members of the board when know my work in the asian and latino communities would voucher so for me i'll not go into the latino work but probably in the asian community leading the family immigration categories in the latino community and best known for bathing for the sanctuary ordinance i am here when it was originally passed and i've fought for legalization for many years and for the wrongful deportation of many criminal immigrants that have been rehabbed i've battled for legalization and helped to push sacramento governor jerry brown asked me about the trust act but written on relevant issues i left this with you supervisor cowen because i knew w

over mar the challenges are real and personal to me growing up i was one of the only how often of asians in all whites in florida i experienced violations and hate and bigotry i grew up in - i learned to run and hide and stand and fight won my first fistfight in second grade and not stop fighting for the clients and civil rights and police reform for all of us people that can't fight for themselves people like i was when i was a kid i'm here ready to fight for this city as your next proposal police commissioner. >> i don't know colleagues start off with any questions or comments. >> supervisor cowen is ready. >> pleasure to meet you how often do the attend the police commission meetings. >> not as often as i like i was there at the last police commission i watched a number 6 them from my office that's easier than coming down but i've attended others including the recent board full board and mr. johnson joint meeting and others so i think that - i mean, that's what makes me concerned about the candidates not just you we're in a crisis at a time and certainly i've been there and many of th

asian headquarters.t is passed 8:00 a.m. >> seems like the markets are pretty confident with what we have heard out of president-elect donald trump. in markets went up anticipation that the fed is going to hike rates. we are delivering in asia. aboutwe will talk more rex tillerson as choice of secretary for state. we have survey numbers as well. large manufacturers saw and expected jump. the rest of the outlook looking pretty faint. we will see how that goes in the asian markets. >> we are looking pretty good. the global equities rally continues in asian. the rex tillerson pick helping the asian session. 1%.a of 1/10 of this is a nice rally over the last 10 days as hopes of political rejuvenation injecting fresh momentum into the market. up 1/10 of 1%. we had that drastic improvement in business sentiment. new zealand liking -- new zealand is lagging. australia getting the most in asia. strong volume. if we go to the sector breakdown, you can see this rotation we have been talking about. we are seeing th

and the asian pacific fund and currently in the california empowerment i've worked with many members of this board of supervisors and past board of supervisors and former mayors and written extensively on issues of human rights and race and, of course, immigration i've taught at again and again and straightforwardly and uc davis and chaired the asian-american studies at the davis and been commuting to san francisco i would hope that those members of the board when know my work in the asian and latino communities would voucher so for me i'll not go into the latino work but probably in the asian community leading the family immigration categories in the latino community and best known for bathing for the sanctuary ordinance i am here when it was originally passed and i've fought for legalization for many years and for the wrongful deportation of many criminal immigrants that have been rehabbed i've battled for legalization and helped to push sacramento governor jerry brown asked me about the trust act but written on relevant issues i left this with you supervisor cowen because i knew w

and on other matters concerning the asian american community. but i want to voice my very strong support for her on the police commission because i believe that she possesses the qualities that we would want in a new commissioner. on that var important body. without casting any apersions i would describe her as a bull dog. she is a bull dog on causes that she pursues. she is a bull dog in investigating and getting down to the facts and getting down to the nitty gritty and getting down to the truth and trying to find so solutions she is a bull dog in up holding what she believes is right. and i think that these are qualities that would enhance the police commission. her also to, just the fact that she can converse in chinese. she not only represents the chinese american community well, but because she has also demonstrated out reach abilities and the commitment to the out reach to all in a given con stit you entcy, i think that speaks well for her. and also, too, if i may, indulge me. she would be a leadership model on the commission for many mem

the focus is now on asian markets and how they will react on thursday to the fed's decision i'm giang nguyen. >>> the sense of caution prevailed on other markets across the asia pacific region. hong kong ended flat and the shanghai comp zt slid nearly 1.5% to finish at 3,140. weaker commodity prices. sydney outperformed the rest of the region and s&p gaining by 0.7%. 5,584 for the closing number there. gains in financials and utility shares boosted the index to a four-month high. here's a look at some of the other business stories s we're following. officials in japan's government are expecting the economy to improve in fiscal 2017. they're work on a forecast for the annual budget that takes effect in april. a draft version is predicting gdp growth and lift earnings at exporting companies. they also expect higher salaries and more jobs leading to personal consumption. a japanese consortium for crude oil production in eastern siberia. japan oil gas and metals corporation is working with trading house and oil developer inpex. it will start tapping as early as this month. it will be supp

you will be loved because asians love beautiful football. >> landry does have a point.loves for bill. if new democratic burma is the most popular footballing location for african players, it is because the country is hungry for freedom and the consumption that goes with it. the rapid liberalization of the economy has made it easier to whitewash dirty money and it is thought a lot of the money is being invested in football. we football together. >> in burma, african players already have a lot of fans. leader isr guerrilla now an owner of gold mines. yes, they are very hospitable, it is true. it is different than other countries because they have no problem accepting foreigners. >> freedom fighter is a very strong brother. they take the power. we are a football team and together we fight the government again. warlord turned entrepreneur clearly has a plan to build his own football team. >> i have a goal. when you have time, we will go together to see football and then he literally showed me the way. can --ve many people who >> hold on, man. ♪ >> we are a few hours away fr

steadied from friday when we saw a lot of time in asian markets.o seen the japan leyte down a tad. —— chaos. all eyes on the us dollar and what it impact it will have on emerging markets. that's it for me. thanks forjoining us. i'm kasia madera. the top stories this hour: the philippine senator who's calling for the impeachment of president duterte, leila de lima, has told the bbc that she now fears for her life. under mounting international criticism, the leader of myanmar, aung san suu kyi, has agreed to an emergency meeting of regional foreign ministers on monday to discuss the growing rohingya crisis. he's done it again. andy murray has been voted bbc sports personality of the year, the first person to win it three times. this year murray won wimbledon, secured olympic gold and finished the season as tennis world number one. the ceremony was held in birmingham, from where andy swiss reports. and the bbc sports personality of the year 2016 is andy murray! applause it was an ovation that echoed all the way to florida. at his training base in miam

how does that play out for asian debt next year?e companies go across borders? >> there is a lot of appetite for asian debt in general. it is higher in the region than what you would see then in europe and the u.s. it is difficult for companies to raise dollar debt, particularly with all the restrictions. they cannot invest overseas, they cannot move overseas easily. it reduces their demand to actually raise that debt. haidi: where do you see the yuan going? that has driven the ring to 1998 lows. does that exacerbate panic when you have that situation playing out? >> it does. whether they be stocks, currencies -- when you have moves that the central authorities do not like, they then start putting in restrictions and controls, just make the situation worse. the natural thing for investors to want to get their money out. at the moment we seem to have a trend of moving away from free markets in china, malaysia and elsewhere. maybe markets will find their true value. whether currencies or stocks. that becomes a sofa filling prophecy. i

you come to asians and the discrimination against asians might not be the same -- it becomes too muchint, i'm not sure -- i'm not even sure it's achieving the goals when you look at the numbers in higher education in america. i would say, you know what we need do is focus on the entirety -- i think this is becoming more the case. now there's a disinclination to focus solely on standardized testing. look at the whole of the person. that becomes a different ball of wax. that's going to change the way people look at getting into the best schools. >> what's the libertarian point of view on this? >> you should have the best people --ç >> what about -- >> in this day and age, it's grades, it's extracurricular activity. >> that's the whole person. >> it's hard work. >> did you get -- is it 1600? >> something impossible. >> they bumped it up to 24. >> if you are a good test taker and that happens to be the metric schools use to allow people entrance, then the good test takers are going to get in. at least that some valid k criteria you can compete against. there are ways of changing your gra

and the asian pacific fund and currently in the california empowerment i've worked with many members of this board of supervisors and past board of supervisors and former mayors and written extensively on issues of human rights and race and, of course, immigration i've taught at again and again and straightforwardly and uc davis and chaired the asian-american studies at the davis and been commuting to san francisco i would hope that those members of the board when know my work in the asian and latino communities would voucher so for me i'll not go into the latino work but probably in the asian community leading the family immigration categories in the latino community and best known for bathing for the sanctuary ordinance i am here when it was originally passed and i've fought for legalization for many years and for the wrongful deportation of many criminal immigrants that have been rehabbed i've battled for legalization and helped to push sacramento governor jerry brown asked me about the trust act but written on relevant issues i left this with you supervisor cowen because i knew w

we have to do the deals first. we do a deal with asian economies...sian economies... we have to do the deals first. i am sorry to sound sceptical but we saw that on the buses during the referendum campaign. do you think theresa may will keep to the timetable of triggering article 50? i can't see why not, if they vote then mps will go for it. they might try to turn on the odd

how does this affect southeast asian currencies.g this is where the pain is being felt w. the southeast asian currencies or more bond driven, so they have been affected in terms of the u.s. rate hike. there is concern over the capital outflow scenario, and also politics, so that has been a bigger driver rishaad: we were discussing the malaysian ringgit , lows not seen since 1998. they said this morning we will not bring in capital controls, but you should never say never, should you? used,ital controls can be so like you say, it is never say never. we see capital controls and other parts of asia as well. is needed to that bring markets to a stable state. indonesia,ysia, malaysia close to 40% foreign bond ownership, indonesia about the same, so are those the two currencies out of the three that second round, a third round of taper tantrum. positives for both of those currencies as well. on the commodities side, if trump's policies bring about stronger growth in the u.s., more global growth, that is positive for commodities, and that

the asian session has been generally positive, but a downbeat week for asian equities.if we will be moving a little lower in the european session. europe and asia moving in different directions. euro stoxx 50 down 0.2%. for two 100 perhaps a little more resilient -- ftse 100 perhaps a little more resilient. we are getting comments from a risk conference between vladimir putin and shinzo abe. putin speaking to reporters with abe over in tokyo. putin saying russia and japan are considering building an energy grid. japan is an important for partner for russia in the region according to putin. shinzo abe saying they've agreed to start talks on a system for economic cooperation. the cooperation is an important step towards a peace treaty. it is not easy to solve this peace treaty issue according to shinzo abe. this is 70 years in the making. 70 years these countries have not been able to sign an official peace treaty. let's bring up the risk radar and show you where we are on the markets right now. the dollar has been a real feature of the conversation today. the dollar inde

frome carrying through the asian session.u think about the commodity complexes -- you have london up by .50 1%. 1.5 trillion dollars has been added to global equities in the past month. the momentum is there. do not necessarily be beguiled. anna: i will show you where we have been on the trading day. east --ness in the end boosting the nikkei. both of those up by more than .75 of 1%. we have the oil price and we're talking too many prominent guests on the subject of oil. thats pretty confident what opec has done is bringing into balance.ck we are down by .4 of 1% extending the slide below 61 barrels of -- dollars a barrel. manus: gold is at a 10 month low. precious metals have seen this fastest since 2013. $6.2 billion has been taken. let's look at the bond markets. the italian government on market has more or less recovered everything that it lost in the initial wave. the market moves, 10 year government bond yields. saying those trades in the inflation boost to the rates in the u.s. possibly a little bit overdone. german go

let's show you where we are on the asian equities session. italy reliefe rally as the president of italy seeks to minimize political fallout. approval could happen this week. s&p futures are muted. the dow returning to record levels. u.s. data is in focus. that is the focus as we go through december. we got that you -- news yesterday. we see the euro is weak or by about .1 of 1%. near its strongest level since the middle of december. we have the price and therefore you. another -- down another 1%. snapping that four climb that we have recently seen. rba.ange in rates from the let's get the bloomberg first word news with angie lau. angie: let's get you a little bit more on that and australia's central bank has kept interest rates unchanged as the global commodity upswing eases. the reserve bank of australia's governor -- traders has written up policy moves while the [indiscernible] the prime minister of france is confirming he will run in next year's presidential election. as part minister to prepare for the social -- for the primary. announci

for months authorities have been investigating at least a dozen armed robberies targeting asian-owned businesses. and last august two men were arrested in connection with those crimes. >> we have heard when we know this is so prevalent that it's openly discussed and that there's even rap music that raps about how easy asian american homes are target of burglaries. >>> one family in ol any is recovering from a violent home invasion that happened monday night and residents of the home believe they were targeted. >>> it's no surprise that preing 23457sy changes a pregnancy change as i woman's body but research shows how it change as i woman's brain. >> changes and how to prepare women for mother hood. >> they can prepare a mom for a baby coming. many women will admit to experiencing baby brain. you feel foggy. maybe sometimes forgetful. new research says changes in a new mom's brain may be beneficial, expectant mothers undergo many changes. >> you're tired and hungry. >> craving for certain things. >> highly emotional. >> very protective. >> stretch marks. >> but a new study published in

we hope to expand our sales by entering markets for asian countries. >> reporter: in order to produce sake that appeals to other parts of asia, fujii first teamed up with a local university. this professor of sheega university agreed to help fujii figure out new strategies. they began by surveying tourists and foreign students about their preferred flavor of liquor. many of the 120 people polled had a taste for sweet sake. >> translator: we may be able to expand the market for sake abroad if we come up with one that goes well with chinese or other asian cuisines. >> reporter: fujii took these findings to heart and embarked on making a sweeter sake that would fit the spicy asian meal. he figured out a way to retain more sugar content while keeping sake's distinctive player. the secret was the mixture of yeast and to adjust the fermentation process. his efforts bore fruit. its crisp taste is designed to go well with spicy foods. yet when you take a sip, you still instantly savor the sdinkts flavor of rice. the alcohol content is about three times as higher to help prevent thinning when

and on other matters concerning the asian american community. but i want to voice my very strong support for her on the police commission because i believe that she possesses the qualities that we would want in a new commissioner. on that var important body. without casting any apersions i would describe her as a bull dog. she is a bull dog on causes that she pursues. she is a bull dog in investigating and getting down to the facts and getting down to the nitty gritty and getting down to the truth and trying to find so solutions she is a bull dog in up holding what she believes is right. and i think that these are qualities that would enhance the police commission. her also to, just the fact that she can converse in chinese. she not only represents the chinese american community well, but because she has also demonstrated out reach abilities and the commitment to the out reach to all in a given con stit you entcy, i think that speaks well for her. and also, too, if i may, indulge me. she would be a leadership model on the commission for many mem

traders waiting for jobs numbers later this evening asian time. rishaad: we also have that italy, aferendum in presidential election in austria. let's find out what is going on. >> we heard from donald trump in the u.s. he is talking about all the stimulus, one of the big factors big bondot just the selloff, but the selloff around the world. this chart tells the story of what this means. this chart tells the story of what this means. $1.7 trillion worth of losses in bonds around the world. this is the bloomberg-barclays global bond index, worst total monthly return in 26 years. that is that little red circle, showing the u.s. 10 year yields up to a level we have not seen in a year and a half. what is going on? what happened on thursday? purchasing managers numbers that were stronger than forecast, just as china a couple of days ago. let's see the pmi for november the picked it in this chart. 50, thaten above number, signaling growth for three months in a row. it has been above 54 the last eight of nine months. the white pine is industrial producti

lucky dragon caters to the growing flood of asian tourists.e chinese air lane has even begun the first nonstop flights from beijing to las vegas. john blackstone reports. >> lucky dragon hotel and casino isn't as much as east meets west, as east comes west. at the edge of the las vegas strip. >> trying to do something authentically for our asian guests. it is a very steady and -- growing group of customers that come here. >> reporter: the chief operating officer says while other ka see nose on the strip have long courted high rollers from asia, lucky dragon is aiming to win over china's growing middle-class. which is now beginning to travel. >> it is the largest growing international travel market on the planet. we want to be part of that. >> reporter: the first new ka see know to open in six years. the hotel its betting the new nonstop flights from bay sthng to las vegas will bring a surge in tourism. according to the department of commerce, in 2015, nearly 2.6 million chinese travelers visited the u.s. by 2020, that number is estimated to gr

. >>> mayor kenney has revived a commission on asian american affairs. he made that announcement at a press conference in center city today. commission will advise mayor on issues and policies, impact the asian american community in philadelphia. including, crime. for months authorities have been investigating at least a dozen armed robbery, targeting asian owned businesses. back in august 2 men were arrested in connection to those crimes. >> we have heard and we know that this is so prevalent it is openedly discussed and that is there even rap music that wraps about how easy a target asian american homes are as targets of burglaries. >> one family is still recovering from a violent home invasion in olney on monday night, the residents of that home, believes that they were targeted. >>> today president-elect donald trump named south jersey native kelly ann conway white house counselors. conway is first woman to lead a winning presidential campaign. meanwhile president east electric is focused on foreign policy during meeting at his florida estate today.

for months authorities have been investigating at least a dozen armed robberies targeting asian-owned businesses. and last august two men were arrested in connection with those crimes. >> we have heard when we know this is so prevalent that it's openly discussed and that there's even rap music that raps about how easy asian american homes are target of burglaries. >>> one family in ol any is recovering from a violent home invasion that happened monday night and residents of the home believe they were targeted. >>> it's no surprise that preing 23457sy changes a pregnancy change as i woman's body but research shows how it change as i woman's brain. >> changes and how to prepare women for mother hood. >> they can prepare a mom for a baby coming. many women will admit to experiencing baby brain. you feel foggy. maybe sometimes forgetful. new research says changes in a new mom's brain may be beneficial, expectant mothers undergo many changes. >> you're tired and hungry. >> craving for certain things. >> highly emotional. >> very protective. >> stretch marks. >> but a new study published in

. >> in late september, an event was held for asian companies. . over 200 companies hoping to break into the cambodian market participated. the meeting is intended for companies to showcase their products and deepen cooperative ties. it was organized by a young chinese man who migrated to cambodia. >> he's from chongdong province. he's attempting to create a new organization that goes beyond nationalities. >> liu aims to create a network that connects all of asia. >> the chinese businessman active in cambodia are gaining considerable influence. on this day, he attended a party hosted by the royal family for volunteers and people who contribute to public works. >>> gao moved to cambodia 16 years ago, in search of business opportunities. he has now begun to think of what he can do for the country. the chinese community is deeply rooted in cambodia. how does the money and culture they bring change or guide the country? as in other rapidly changing southeast asian nations, their presence grows steadily. >>> hello there, welcome to nhk "newsline." it is

another case of asian business owners getting held up in the city.hey swipe the victim's swiss army backpack with $3,000 inside, some paper work and the hasn't gun. >> really scary. worried because my parents they're very close to retiring, they want to retire and like stuff like this happens just puts them -- puts retirement on backtrack. >> michael thinks his parents were cased for some time. >> they had to have been alley for some time. knew they were going to be home at that specific time and then attacked. >> reporter: he has seen increase in police patrols after recent crimes but wants more. >> still not enough. still a lot of stuffing happening he is special toll asian business owners. >> reporter: michael says his parents were back at work today determined not to let this get them down. also, we're told there were no shots fired and at least no physical injuries here. if you recognize those suspects call police. back to you. >> thank you very much, dave. >>> police vent identified two people killed in a car crash in bustleton police say 32-ye

the msci asian-pacific, up almost 4%. this chart shows u.s.s were lagging asian stocks before the u.s. election and now they are int e the driving seat. u.s. future sare is are in the . we're still trading up 1.3%. looking at the sector breakdown, you can see telecoms are very much in the lead, followed by materials, which includes those metals and mining stocks. the industrial metals are higher today, particularly within the london metal exchange. energy is also up 0.7%. oil rebounded after falling in the previous two sessions. the only industry group down are health-care stocks, mimicking the u.s. session where we saw those stocks after president-elect donald trump declared himself an opponent of high drug prices in an interview with "time magazine." you can see little bit of dollar weakness today. the korean yuan, up for a third day. the new zealand dollar touching almost four week high on comm ents from the central bank governor that they are likely done with rate cuts. a little bit of sterling strength as theresa may's 2017 brexit schedul

. >> in late september, an event was held for asian companies. . over 200 companies hoping to break into the cambodian market participated. the meeting is intended for companies to showcase their products and deepen cooperative ties. it was organized by a young chinese man who migrated to cambodia. >> he's from chongdong province. he's attempting to create a new organization that goes beyond nationalities. >> liu aims to create a network that connects all of asia. >> the chinese businessman active in cambodia are gaining considerable influence. on this day, he attended a party hosted by the royal family for volunteers and people who contribute to public works. >>> gao moved to cambodia 16 years ago, in search of business opportunities. he has now begun to think of what he can do for the country. the chinese community is deeply rooted in cambodia. how does the money and culture they bring change or guide the country? as in other rapidly changing southeast asian nations, their presence grows steadily. host: this week, "global 3000" heads to china, wh

yes, we are seeing a lot of asian markets underwater today.e have that yen story playing into the nikkei, down by .3% in afternoon trade. well,ong not doing construction and insurance stocks under pressure, down .8%, listed ine stocks hong kong are on track for their worst close in a month. flat on the shanghai composite and the korean markets. mixed movement in southeast asia. new zealand also closed higher today, up by .4%, so it has been quite a diversion story on the market picture. in terms of currencies, the falling to its lowest level against the dollar since the 1998 asian financial crisis. it is pulling back a little. .t is down by .04% it did hit an earlier low. this is of course on this crackdown on currency speculators and we see a lot of investors out there ourselves down in these emerging-market assets. we have also seen the offshore renminbi have a solid move against the dollar, up by .3%. sinces its highs level december 1, after the strengthening by the pboc of the fixed today. haidi: thanks for that. later on, there is renewed

we are seeing a little bounce as asian trading gets underway.factor is the rising oil prices. it's the highest level in 17 months. bonds ande enemy of the latest thing that helps drive bonds dramatically lower. yield got up on an intraday basis just over 2.5 percent on monday. that is a run up from the red circle in the lower right-hand corner. july, an the 10 year in record low. a doubling of yields in six months. now let's go back to the left side of the screen. the yellow line will take you in that direction. that was the high-end july of 2007 going into the recession. just putting that in perspective, we are a long way away from there. now, of course, trump's plans to boost the economy are also weighing on the bond market. the question now is if the economy is going to pick up more, if it is changing, will that cause the feds to change. in 2017.s are expected what about 2018? what will the fed signal about rate hikes then? to the economy, when it comes to rate hikes, bey were skeptical, to diplomatic. >> skeptical to say the least. in fact,

asian stocks slip to a two-week low. manus: sacked after the russian ambassador to turkey is shot dead in ankara by a gunman in voking syrian civil war. caroline: the bank of japan upgrade his outlook for the country's economy in its first decision since donald trump's election when. -- win. manus: the imf board backs christine lagarde despite her conviction for negligence by french court. ♪ caroline: a very well mor warm welcome. i'm anna edwards. manus: the world wakes up again to reconsider geopolitics at play in germany, turkey, and zurich. market lurched when we got the news about the crash in the german christmas market, but we have subsequently changed our opinion, because the bank of japan market -- yellen upgradine employment market, the bank of japan upgrading its view on the economy. but: is a lot to factor in, certainly the intensification of geopolitical concerns is based around the turkish incidents in germany and in switzerland, so soon after we saw china seizing and returning that u.s. naval drone. the ge

next across the southeast asian equity markets.ies, the won continuing to fall, the biggest drop against the dollar, down another .4%. you are also seeing weakness in the offshore renminbi. to pboc weakening the yuan the weakest since 2008. by --bi the offshore down the offshore renminbi down by .1%. japan 10 year bond yields rise to the highest since january. a little bit off there, but movement in this bond yields today. rishaad: thanks. weakening toe yuan eight-year lows. the fed striking that hawkish and, china's ability willingness to control the yuan depreciation is the focus of emerging-market investors. sophie: what is beijing likely to do? have allowed a steady depreciation against the dollar. traders and analysts are asking how much they will allow it to depreciate. goldman sachs yesterday in a lesssaying fear of the predictable depreciation of the currency against the dollar is definitely in the market, and the biggest risk in 2017. now that we know the hawkish tone from the fed and maybe three rate hikes, what is china

. >>> moving on to the markets of the asian pacific. the shanghai composit snapping three days of losses. hong kong up 0.5%. sydney's index also advancing almost 1%. 5478 the closing number there. the country's third quarter gdp contracted. that weighed on the currency but investors bought stocks and hopes for government stimulus measures. the jakarta composit down and the strong earthquake in the northern part of samatra island dampened sentiment with most sectors ending down. here's a look at some of the other business news we're following. >>> a key index of the japanese economy has risen for the second straight month. the coincident index for october rose to 113.9. the officials say the upturn is due to orobust sales of automobiles and winter clothes. they say growing exports of smartphone parts to the asian markets was another factor. >>> japanese oil wholesalers are considering a capital tie up. hold 24.9% of showa shell's e i equity under the plan. showa shell would obtain 25% of the shares through a takeover bid or by idemitsu i

let's look at how the asian markets responded on the back of this. they did look quite perky. >> yeah. there's a disconnect between that disappointing data from q3 gdp, the revised data there out of japan. look at the nikkei, it hit a high for 2016, above 18,765 handle with the nikkei 225 up 1.5%. but q3 gdp was revised lower to 1.83%, when there had been expectation of a rise of 2.2%. that's because capex and inventories dried up. the yen strengthened during the asian session, yet the nikkei kept riding higher. let's look at the nifty. its erasing losses from yesterday after the rbi surprise about keeping rates on hold. today financials are gaining, as we're seeing the nifty up by 1.7%. this is after the rbi said yesterday that it would end its requirement for banks to park their excess liquidity from the demonetization drive from the central banks. so they're pulling that requirement off the table. now financials are leading the way. we got some better than expected trade data out of china. but that didn't impact the shanghai composite which ended

the asian markets have been railing.is an exception because of the huge impact that monetary policy is having. if you look at this market and australia, for example, it is still well below where it was pre-crisis thousand 7-2008. we are playing catch-up. continue to bell years where emerging markets and asian exposed equities play catch-up. you might have more consolidation in the u.s. europe is a bit of a funny one. there are balance sheet risks for equities. i don't know if that has been priced through. maybe we will see recapitalization in 2017 and they can start playing catch-up in the second half of 2017. you mentioned about the emerging markets. i thought it was interesting, given how strong the dollar has been. which would impact emerging markets. there is a strong dollar and a stronger dollar which could be an issue. when does it start to hurt? thet starts to hurt when currency goes against you, the bond market goes against you. the cost of debt rises. as an equity, a market of equities, you cannot then grow your

that makes people and asian americans and muslims, were they or would it be a nation that's sad but we really want in terms of making america great again would be to go back to the good old days. and if you ask, really point what are those good days. and so you get this straight the urge for policies so you have white access this is a white rage election. >> give someone advice of port donald trump, to give an immediate assumption about that? >> yes. that assumption is race and racism was driving that boat. here is a man whose every third rail, and american body politic. his voters did not move away. for instance, this is a man who said my favorite book in the bible is two corinthians. this is a man who violates the basic tenant of christianity, which is to recognize and asked for forgiveness. and evangelical state. we talk about this election about economic anxiety, except for his voters make over $70,000 a year and there's a recent study that says they take african-americans 228 years to people of the wealth of whites in the united states today. economic anxiety, and this is a man wh

a question is about a northeast asian decision -- situation because the secretary-general is the first secretary-general from east asia and the diplomat of south korea. years, back at these 10 pursuing has been nuclear ambitions and china has to medically enhanced its power in the international area. south korea and japan, immigration has been up and down . it is still unstable. what is your view on northeast asia's situation during your tenure? expectations for the future shape of this region? thank you. sec. gen. ban ki-moon: people often have been saying that the 21st century would be an era of asia-pacific. among asian-pacific, northeast asia has been regarded as powerful force and dynamic, economically, politically and socially. that means that that china, and japan and korea and these are very important drivers and have been commended even envied by many people around the world, many countries around the world for their dynamic forces. i am concerned that the relationship among and between the countries in northeast asia and also in asia totally have not been smooth. in all of th