according to the library of congress, the term asian-pacific encompasses all of the asian continent, as well as the pacific islands of melanesia, micronesia, and polynesia. the people and cultures of this region have added significantly to the rich diversity of the bay area. abc7's kristen sze is here now with leaders in our local apa community. >> thank you, cheryl. we have a great group for today's show. nick kuwada is staff attorney with asian law alliance, based in santa clara county. masashi niwano is festival & exhibitions director for center for asian american media. and elise maar -- former senior associate director of admissions to stanford. now, we brought you all here because your expertise will really help us understand some issues that are very important. we're talking about timely and relevant to asian-americans -- and also the broader bay area community, of course. we're talking about this election year, presidential election, so we want to talk about voting, getting out the vote. also, this year is the "oscars so white" controversy, so we want to bring in the issue of

chris punongbayan is executive director of asian americans advancing justice, asian law caucus. thank 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, th

and asian-american artists starting march 9th. check the website for more details. >>> and stay with us, dancing through life, the dorothy coy story is up next. - everything we stock at grocery outlet has crazy low prices. do you know how we do it? - how? - bargainomics! say, if california has a bumper crop and produces too many oranges. or a winemaker in sonoma suddenly has 1000 bottles too many. we've got name-brand, top-quality groceries priced 40-70% off every day. bargainomics. that's our business model. and our business model is... delicious. ♪ grocery outlet bargain market ♪ when i got into my accident ♪ i broke almost every bone in both my legs. when i came home from the hospital i needed to be able to recover. tempur-pedic allowed me to do just that. because i don't have the average body type anymore i feel like my tempur-pedic really conforms to my body shape. power is not giving up, it's choosing to thrive. tempur-pedic. this sleep is power. >>> one of the films being showcased at caamfest at a program called center sta

it's that truly disadvantaged asians get lumped in with "model minority" asians. are economically disadvantaged students from laotian, cambodian and hmong communities. there are pakistani and south asian students whose parents scrape by working 100-hour weeks. affirmative action has the potential to hurt these individuals most of all. but let's be fair. colleges' intentions are good. they use affirmative action to craft diverse classes because we all benefit from exposure to people of different races and backgrounds. i strongly agree with this. would i have preferred to go to a yale that was predominantly asian? absolutely not. so i support affirmative action. but i also know we could do it better. we should assist students based on socio-economic disadvantage, no matter their race. there are rural white kids who deserve assistance but aren't getting it. there are affluent african need special preference to succeed. doing this wouldn't make sense if it reduced racial diversity. but it doesn't have to. a detailed study of colleges that switched to socio-economic fa

a set of we had ahead of the asian trading day getting underway, dow hitting 21,000 finally.&p seeing its biggest gain figure, all on these expectations we will see march move from the fed. all sorts of action in the asian trading session. japan punching through aching resistance level. the question is whether hong kong market will join in on the party. malaysia and singapore getting online. what -- let's check in on the markets. >> let's take a look at this chart on the terminal. japanese benchmarks in poll position with the nikkei 225 and topics tracking the dow's rise, this as the yen trades at a two-year high, a 50 month high potential with little resistance in its way. let's look elsewhere in the region. korean shares also rising 8/10th of 1%. factory output rising 3.2% on a monthly basis. over in australia, index up over 1%. thanks and miners -- banks and miners following their australian counterparts. report of china curbing output of steel and aluminum to reduce pollution. a ceo contact potential move a game changer for the industry. south 32 has been raised to buy. e

yvonne: let's look at how the asian markets are shaping up.et's get a quick reminder of how the benchmarks fared in asia on friday. we did the it slide the most in over a week. that was after the initial delay in the u.s.. after it was pulled from the floor, we are looking at a muted start, taking a look at how markets opened so far are faring. let's zoom in with what is going .n with the asx 200 we have aussie stocks snapping arise. we have materials and financials the biggest drag on the benchmark, gold miners gaming with gold back above 1250 an ounce. we have the dollar opening higher. this is a broad dollar weakness because the obvious shrugging off a slider that we saw in iron ever amidorst concerns that it is looking more vulnerable. things for aussie dollar traders to watch for, china manufacturing. we have new zealand stocks up 0.1%, and the kiwi rising for a third straight day. we have the chinese premier meeting with the english minister -- of the prime minister english. look at how futures are looking in the rest of asia. they are l

asian ceosse is joining us here from the asian investment conference. , planning toourse double their this part of the world by 2018. that is what we have at the moment. helman sitohang from credit suisse. more from that form coming up in the next hour, talking about the future of american monetary who hasith someone intimate knowledge about it. our exclusive with former atlanta fed president dennis lockhart coming up. ♪ rishaad: -- heidi: this is bloomberg markets asia. ♪ rishaad: story by more than 80% of the end of the two-year trading hold in hong kong. heidi: china southern also taking off after discussing a sale with american airlines. rishaad: the yen climbing to a four-month high, triggering a sellout in japan. six nations say more time is needed to drain. a bit of a mixed bag out there with the hang seng up slightly. the chinese markets are doing ok. sophie, have a look at the markets. sophie: we are going to get to what is going on in just a second. there is a lot to digest for investors today given the weekend news we had. we have the u.s. health care bill not being pushed

the biggest region remains the asian-pacific. i don't see any reason why we should move out of our home country. anna: thank you very much for .our time, the ceo ♪ i generate 27 that was blocked. snapchat's parent company is going public. evaluation twice as expensive as facebook and four times more costly than twitter. it sold 200 million shares in its public offering. at that price it has a market value of $20 billion based on 1.1 6 billion shares outstanding after the ipo. the stock will start trading today on the new york stock exchange. the u.k. government has suffered its first parliamentary defeat on the draft with the house of lords -- rejecting a plea to leave the bill intact. the voted -- it protects rights of eu nationals to remain in britain when the country leaves the flock. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. you can find more stories on top . whether or not you're in the camp that thought trump was rally,he -- behind the the rally continues

ratesterm, asian interest and longer-term asian yields dumped the american rates.f they increase interest rates, yes i would be concerned. but i would not be concerned about asian interest rates. --they do not bat an eyelid it is as you say, relative. we will not go through the nonsense that the american dollar is strong because asians or week -- are weak. rates go up, the u.s. dollar will strengthen against the euro and again. not necessarily against all of the asian currencies. peggedortant currency is to the u.s. dollar and that is the hong kong dollar. a one i could give you point answer but it does not work like that. shery: let's talk about the japanese yen, for example. we are seeing that leverage funds now continue to reduce their bets on a weaker yen. what is this showing us? about the direction of the dollar-yen? the rally of the dollar-yen seems to have peaked. i have been long-term bearish for a weaker yen. nothing has changed my mind. yesterday, they were mediocre. -- negativeflation interest rates are staying. the yen,oes out with it cannot possibly b

their comments are not surprising considering japan is the biggest asian investor in the uk.ompanies account for about 140,000 permanentjobs. companies account for about 140,000 permanent jobs. carmakers such companies account for about 140,000 permanentjobs. carmakers such as nissan, toyota and honda are major employers. theirfactories nissan, toyota and honda are major employers. their factories make almost half of the 1.7 million cars built in britain in 2016. earlier i spoke to simon black, a lawyer who advises japanese businesses, i asked him which companies face the biggest challenges. the car companies in particular will be looking at three key areas on how the negotiations play out. firstly it's how the tariffs, if they are reimposed, they could be up to 10%, a major issue in exporting in the major competitive market in car manufacturing. and customs, if there are delays at the border, that could be damaging for the companies. the third area they will look at is can britain attract a car parts supply chain into britain and create more companies that supply the parts f

and asian headquarters. i am betty liu in new york, it is just after 7:00 p.m. after 7:00s just a.m. in hong kong. i am shery ahn. it is not over. so much coming out, janet yellen and others. it was a factor. not to mention, the chinese premier's visit in australia. betty: that is right. more clarity on what he meant by taking trade to the next level. what are we talking about? clarity is really what we need when it comes to that meeting. but also clarity about where we are headed in the u.s. with the health care reform bill after the delay that happened just hours ago. we are expecting to see something on that front. the asian markets anxiously awaiting if there will be changed or vote happening. right now we could see positioning ahead of the weekend. look at the markets in play. it new zealand, unchanged at the moment with the kiwi dollar not doing much. this afternoon it new zealand posted its largest annual trade deficit in eight years. take a look at australia. because it rose in the last session, the aussie dollar is unchanged. but only after falling the

asian stock markets and at the momenta mixed bag.he moment a mixed bag. in china new figures released this morning revealed inflation rising at its fastest pace in nine years, cpi in february growing compared to a year ago and that is pushing down the handset and the shanghai composite. as for tokyo, in positive territory with the weaker yen against the us dollar dollar. —— hang seng. in wall street, the dow jones dollar dollar. —— hang seng. in wall street, the dowjones closing down by 69 points and the nasdaq gaining about a 10th of a percent. those are the markets, thank you so much for investing your time with us. i'm rico hizon. sport today is coming up next. the chancellor announced an extra £2 billion for social care in england, admitting the system is clearly under pressure. allison holt reports. four times a day care workers help 76—year—old averil smith with such things as washing, dressing and getting to the toilet at her nottinghamshire home. a stroke left her partially paralysed. this is what the extra £2 billion announc

.4% on the asian-pacific. as i mentioned, they are expected to be weaker at the start of the european trading day and we are expecting to go weaker at the start of the u.s. trading day. good market participant -- could market participants be asking themselves how many market rate hikes they want to see from the fed this year? reporter: thank you. former director of u.s. national intelligence james clapper has denied donald trump's calim that the obama administration ordered wiretapping on trump tower during the election campaign. his comments contradict explosive allegations by the president by twitter. a person familiar with the situation told bloomberg that trump relied on reports in conservative data, including breitbartn news. japan has move to the highest possible alert level after north korea fired four listed missiles. three of the missiles fell within the economic zone. the prime minister abe says he will launch a firm protest with north korea and south korea's acting president called this a serious pr

. >> a bay area hub for the asian pacific american community since 1972. making ksw the oldest arts organization in the country. nurturing that creative spirit is the artistic director, a multitalented artist as well as visionary. welcome. >> thank you very much. >> give us a little in tirms of people who have heard of it. >> it is the oldest multidisciplinary asian pacific arts organization in this country. we are entering our 45th year this year. we started out over in the ihotel. and you know, what happened there when they were evicted from the hotel we were too as well. we moved around all over the city in those 45 years. it's been most in the south market district in san francisco. >> it was a very thriving artistic area. give me an idea of multidisciplinary arts. it's hard enough to focus on one and your group was sort of dedicated to try to make sure that a lot of the arts were covered. >> yeah. >> how difficult is it that. >> it's a balancing act, but i mean, we try to make sure we give equal time to where we can get it but there are other arts org

>> i bunked up with asian. >> asian only?w. >> why's that? >> you've got no history of fighting blacks, hispanics, whites, you have none. you're eligible to be celled up with another race because you've got no history of anything. you understand that? >> right. >> okay. you're going to be going to level 4 gp facility orientation unit and you'll begin your property here in a minute. you'll be escorted to a yard, okay? >> okay. >> all right, gary, next. >>> even the newest inmates already know the rules that must be followed. >> on the street i was lrc, crypt. it's a new world in jail, so it's different, you know? when i come to prison, i'm an asian person. i'm a crypt on the streets. i'm also asian, because that's who i am. when i come to jail, i got to be -- i got to pick, i got to choose one. if i'm a crypt, i got to hang out with the crypts. if i choose to be an asian, i can be with my people. 206447. >> step up over here. >> i'm just thinking about who's going to be my cellie. i was just thinking about what cell i'm going

caucus. >> (clapping.) >> asian-american vance justice the council on american islamic relations known and a as care the american aclu the air resources in organizing center. >> (clapping.) >> and many communities members that wrote e-mails and made phone calls and walked to organize the community because collectively we stand together this is a victory for all of us i also want to recognize the colleagues that came together to unit at the board of legislation that was passed unanimously and want to thank you to hevenlg in getting us over the hump. >> (clapping.) >> i want to give a be personal story on january 24th i introduced this legislation loaned with the mayor and it was really in our own protest and our own legislation way to reject any third degree thing in the freshen to force our home san francisco to force us to participate in the creation of a registry or some sort of database for people based on in their religion or ethnics you watched the news and became filled with anger after that subsided this is what precipitated and led us to where we are today it is a privilege to

let's check in on the asian market session. down 0.5%. let's get to juliette. she has details and she is in hong kong. juliette: we are seeing australia's market, following -- falling off the two-year high. you have seen good movement coming on the csi 300 and china, up 0.4%. japanese markets higher today. it is the quarterly picture we are looking at. a terrific quarter for asian investors. 9%, thex up over best corner in five years. let's have a look at some of the stocks we are watching. onean steel manufacturer, of the best performers in the index. . is after it posted its best profit in five years. jpmorgan saying, the fact it cut its dividend is disappointing but there is an upside because they have said they will return to payments in the future. and then in japan, down by 15%. merger after it said talks over its parent company -- with its parent company have fallen through. that is the lowest it has fallen since 2011. looking at the china manufacturing story, continuing upward momentum represented by the green bars. the highest level since april, 2012.

asian markets are largely in the red. take a look at the bloomberg. you can see the last column on equity markets are all in the red right now. the dollar index is reversing. we are seeing currencies across asia are gaining ground. the south korean won is gaining. commodities jumping after an industry report shows u.s. crude inventories decline last week. oil has been pretty volatile and it's been a wild ride for investors. yes, a roller coaster ride in oil markets for sure. we had a falling 2% yesterday after the report about saudi arabia lifting production it has since recovered and is up 1.43% today. a bit of whiplash and commodities markets. east,n the middle speaking of commodities, it is just under two hours away from the opening of the emirates market. 10:00 a.m. local time. that's look at how they did yesterday. we had not a lot of action off of the back of the oil price. we had abu dhabi with a little change. there was interesting action over in kuwait. we had kuwaiti stocks date -- driven by a telecom company down 4.44% yesterday. some cauti

thailand has instead been supporting the asian centric network.bers include china, india, japan and asean countries. >> translator: we believe that the negotiations will end in success, the negotiations should see progress before the end of the year. >> reporter: the industrial sector has high hopes for expanding exports to the huge chinese market. the company uses fish and exports to china and elsewhere. the company sees the exports rising to china once the agreement comes into place. the farm hopes to make inroads into china and other countries such as india and japan. >> translator: the framework for china and india when this region is united we have more purchasing power. >> reporter: experts say the rcep will benefit not only thailand but the whole southeast asia. >> translator: the agreement will make southeast asia the core. the members will be equipped with great bargaining power. >> reporter: thailand and other asian nations are gearing up to form a new trade work without the united states. nhk bangkok. >>> saturday marks since years sinc

our asian energy editor for us in hong kong. coming up, how has brexit affected the uk's credit rating? what lessons can asia be taking away from the process? we will talk about that and more with fitch up next. this is bloomberg. ♪ withad: you are back "bloomberg markets: asia". i am rishaad salamat in hong kong. haidi: i am haidi lun in sydney. has lost a patent infringement case and faces a bill of $1.3 million. the beijing intellectual property court ruled in favor over sony's use of its patent identification software. 35 models are affected. reports from japan say the government may halt toshiba's planned sale of the chip unit if the winning bid comes from a foreign company. the energy minister is considering suspending the plan -- chinese are taiwanese companies emerge victories. the government says the chip business is crucial to japan's national security and fears losing state secrets. pleading guilty to violating u.s. laws on selling american technology to iran and must pay a fine of $1.2 billion, zte's agreement ends u

the south korean won is losing a asian currency.ptimism the funds will keep flowing into the region after that hike from the fed. take a look at the offshore renminbis. it is shrink fitting 3/10 of 1%. when it comes to the onshore, they strengthen it by .37%, the most since january 18. all about sovereign bonds data this morning. australia's unemployment rate on gaining rounds as well. tracy: you mentioned the end gaining. the u.s. dollar doing something on in reaction to the fed decision, it is weakening. it is still weaker today. that is feeding into commodities. take a look at how oil and gold is reacting. gold is the big mover. it was up, it had its biggest in vance -- advanced in six months .t about a thousand $205 oil is finally catching a bid after that yet a said u.s. stockpiles had finally falling for the first time this year. above $52 a barrel. speaking of the fed rate rise, we do have a bunch of central banks in the gulf following suit . they have dollar peg so they tend to do this. we have seen five country so far all r

i am rishaad salamat coming to you from our bloomberg asian headquarters.rather of skewered there. i haidi lun in sydney. as we head into the china open for this last trading day of the quarter, it is interesting looking at these forecasts for the next three months. fund managers and analysts seeing a gain of 2.8%, and tightened liquidity onshore will be the main catalyst when it comes to volatility in these mainland markets. rishaad: absolutely coming getting reaction to this china services data, china manufacturing as well, 51.8, the highest since april 2012. that should give, well, some the opportunity to charge out of the gates, but futures aren't telling that at the moment. nonmanufacturing a bit stronger also than had been thought as well. these are numbers for this month. let's get straight to the open. juliette: if you have a look at the weather outside, i don't won to come out of the gate today. some weakness on the downside, gm and function, -- gm and function we were expecting to see downside coming through from those markets. this is the final t

we have great liquidity during asian hours. about 30% of that volume is from asian investors.is from 30% last year -- in the last year. we are doing something like 750,000 in our treasury complex. we are doing about 125,000 and the ppi. investors want that. they want to come in and trade 23 hours a day and not wonder whether the markets will close. they want to follow these macro brexitlike frexit and -- and trump's election. haidi: there is not much volatility to hedge against these days. i want to bring this chart up. this is #6786. we will show this complete lack of volatility. calms ande these complacency across most asset classes. what kind of transaction volumes have you been seeing during this quiet. ? period? >> we have seen a slight dip. there is always something going on. that is the thing about having six different asset classes. crude is see more volatility. we are seeing more asian investors being involved in the story of the u.s.. with this rate most, there is a lot of people moving their portfolios around, trying to think about whether this will be a rate hike.

here's our asian business correspondent karishma vaswani.ink of televisions, computers and possibly cameras but it's no longer the giant it used to be. today toshiba runs businesses in all sorts of sectors and that's part of the problem. toshiba started its nuclear business around ten years ago. it now runs and operates nuclear power plants in the us, uk and japan. infact, the nuclear division makes up about a third of revenues. things really started turning sour, though, after because she in japan started turning sour, though, after because she injapan when governments started asking questions about how much they should depend on nuclear energy for their power needs. and then toshiba's nuclear assets in america turned out to be worth far less than initially thought, so the company's having to ta ke thought, so the company's having to take losses of several billion dollars because of that. well, toshiba has already sold off some of its more profitable businesses after an accounting scandal back in 2015. but the real jewel in its crown is the

the asian champions australia had to settle for a point against iraq. colm harrison reports.ottom of the table thailand and it was mohammed al—sadr week that set them on the way to victory in bangkok but the win was in that straightforward, it took an own goal six minutes from the end to give them breathing space and then they struck in stoppage time to complete a 3—0 victory. the saudis remain top on goal difference after their nearest rivals japan also won, they beat the uae 2—0 where the belgium based player opened scoring with a fine finish after only 13 minutes. after the break gamba 0saka's player prodded home japan's after the break gamba 0saka's player prodded homejapan‘s second and the blue samurai were on their way to matching saudi arabia's victory earlier in the data. the top two are three points clear of the chasing pack after third placed australia slipped up against iraq in there aren't despite taking the lead through mathew leckie just before half—time. the socceroos had to settle for a point when iraq equalised with 1a minutes to go. 1—1 the final score and i

looking some big numbers in the asian session overall, a great day for asian markets.tte, thank you. great day for asian markets. futures higher around here as well. amazing how much market action you could get from something that was 100% priced in. i know it was the commentary around at the top people off guard. the federal reserve continues to project two more increases this year, signaling more vigilance as inflation approaches its target. there were the highlights of chair yellen's conference. >> today, the committee decided by --se funds rate bringing it to 3? 4 of 1%. three quarters of 1%. -- risk disrupting markets and pushing the economy into recession. the basis for today's decision is simply our assessment of the process -- product -- progress of the economy against our long-established goals of maximum employment and price stability. there is noise in the data from quarter to quarter, but we haven't changed our view of the outlook. we think we are on the same path . we haven't boosted the outlook, projected faster growth. we think we are moving along the sa

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let's get some perspective on what is happening in the asian equity. saying on bloomberg radio earlier, what a difference a day makes. we are seeing a lot more calm coming back into the markets. volatility is easing. australia asx 200 leading the game. some significant gains coming through in commodities today. the oil prices up by over 1%. we are seeing banking and mining stocks leading the charges. singapore is looking good. the nikkei in japan is up by 1%. good movement coming through in that index. having a look at the regional index as a whole, you can see every sector is tracking it. the materials sector, you are also seeing movement coming through in the likes of health care that hit hard on monday and friday. real estate is also up by 7/10 of 1%. at have a look at stocks we have been watching this session across asia. china is in focus after investing $200 million by h shares. the two airlines have agreed on a code ship. mantra in sydney rising the most. they could be interested in the company that has accommodations. hong kong jumping to a 22

i don't see any asian currencies in that basket.an see top performers, south african rand, the argentine peso, turkish lira up 3% over the last four weeks, even the russian ruble, but you don't really get into asia. how will the next several weeks look? how would you trade this? jonathan: i think in the short-term you can still look for dollar strength around the fed march meeting outcome, but as i said, where we see strong valuations, attract we have been looking to save the dollar strength. things in asia, the korean one, etc., look undervalued to us. so the currencies that can also benefit from the reflation theme that is undergoing here in asia, but also more globally as you have already discussed. i think in the short-term, it is best if you are more bullish on the reflection to be sitting on the sidelines. we may be seeing further dollar strength come through, but we want to side that with fundamental stories, and see that economies benefit from that over the next one or two quarters. yousef: what is a more contrarian, a more

will that trickled through when it comes to the asian session.'s get it over to sophie to see how we are faring. sophie: we do have stocks outside japan advancing, building on gains for a second day, stocks in sydney leading gains come up .8%. kl adding to gains, and taiwan rising, snapping a three-day drop. resilience,howing but take a look at southeast asian currencies, not finding their footing. the malaysian ringgit down .1% against the dollar, and the tahi baht slipping ahead of the rate decision out of bangkok this afternoon. let's look at the bonds and commodities space, some caution here. we do have the dollar extending its overnight gains, treasuries continuing to fall, aussie and kiwi bonds tracking those moves and u.s. notes, gold holding, higher by .2%, and wti topping $48 a barrel. citigroup saying the oil market will tighten in the second quarter and sees opec cuts extending into the second half of the year to support prices. we will take a look at the index to see how that is playing out in the equity space. energy producers climbi

japan will work with other asian nations to identify terrorist suspects. specialist training in anti-terrorism methods will be provided. >>> as the sixth year anniversary of the fukushima disaster approaches, a number of people who fled the area has decided not to go back. the government conducts an annual survey of people evacuated after the disaster. the fiscal 2016 poll covered five municipalities. compared with the survey two years ago the number of people who say they don't want to return was up in all five towns. futaba is one of the towns the nuclear plant straddles. the number there rose to 7 percentage points to 62%. the survey found young people especially reluctant to return. more than 50% of those under 40 say they won't go back. some say they are worried about the quality of health care in their hometowns. some think their lives would be less convenient. some say they have already settled elsewhere. the government says it will try to encourage people to return by improving living conditions and creating jobs. >>> march 11th marks six years sin

we have more on that and the asian market.re watching air care yes today. >> that's the case, betty and we'll be looking to southern china when the markets in china nd hong kong open at 9:30. so far, we did see that risk ease on wall street. we're seeing that play out no australia. 9%. 200 up about . we're seeing the aussie pick up a 10 of a percent earlier. as you can see, features are down 1.7%. we are expecting tech stocks following. u.s. pierce, not connected to trump fee. but we are seeing demand for safe haven assets but gold for he most down .1% but it is pushing above its average price for the past 100 days and we are seeing oil hold losses. we are seeing stocks down the 110 of a% for a second day. we're seeing stocks and energy supporting gains here but the %.terial segment up on a 7.6 we're expecting zone debbie to hit australian coast there but minerers and meetals on the up 9% here. players down . betty: sophie, thank you so much. the chicago fed prosecute charlie evans saying uncertainty over federal spending coul

this year's festival, asian- american festival in san francisco is a reflection of the political climate right now in the united states. >>> -- >> [music] >> this year's festival kicked off with a phone call the tiger hunter it's a comment about a muslim indian-american immigrant the director in the cast walked the red carpet at the castro theatre. >> people are so much more engaged just trying to understand what it's like to be an immigrant when we think of immigrants we don't think of this bunny character. >> part of this story is just how diverse the eighth -- asian community is. many different languages, many different cultures. >> this is the 35th year sponsored by the center for asian-american media. it runs through march 19 and it features more than 120 movies. >> windy weather leads to wild video. take a look at this, a little girl's surprising reaction to this. she was almost blown off of her front porch and ohio. >>> coming up next, people in south korea are flooding the streets and turning to violence. imagine if the things you bought every day earned you miles to get to the p

and isn't it difficult for asian investors to learn online trading?o online and trade. actually, you would find in the case of electronic trading, given 24/7 market access, or 24/5 market access, the way to consume information is so easy, and you can trade on the mobile platform. with the preponderance of mobile é asia i the preponderance of mobile in asia it is very good for investors. 2017, a lot of volatility in the markets due to uncertainty in global events. does thisbode well for your does this bode well for your business? definitely, it bodes well for our traders and our clients, because while there is volatility in market they don't have trading the market they don't have trading opportunities, with more volatility, they will look for "mrs information they will look for more information and use that to trade and be profitable. we are out of time, profitable. we are outoftime... you so much forjoining us, thank you so much forjoining us, from oanda. india has been the standout economic growth - in standout economic growth story in the past. yea

asian markets listed by growing confidence in the economy.heresa may has signed article 50. yvonne: coming clean. donald trump rolls back climate change roles, and in the war on cold. betty: this is the second hour of "daybreak asia." i am in yvonne man in hong kong. yvonne: and i and betty liu in new york. if we were to look at any theme, we would say energy, front and center. we are awaiting this bankruptcy filing from westinghouse, the western unit of toshiba. also, in the u.s., president trump tackling climate change and lifting the coproducer. they are again in the spotlight. yvonne: a good sign given these disruptions out of libya. let's go to the market open. shares we saw energy help lift higher. in tokyo, we are also seeing gains extending the rise we saw on tuesday. japanese shares rose over 1% on tuesday. not a seller, but some momentum here. we are seeing the aussie dollar about 1/10mentum up of a percent. it was the only currency to gain against the dollar. an downu one down -- tu about one third of a percent. this ahead of a dec

let's take a look at how asian markets are shaping up. david has more. on what you are mentioning, this will be interesting in asia. one data point, hong kong sales are out. green, your charting retail sales of falling for about two years. chinese gdp growth playing hardball. there is 7% growth. one aspect that want to bring up when it comes to the brexit talk, where are these people going? they went to japan, south korea. that is one thing and how it all plays into properties, london properties. a cautious start to the trading session. you get a bid when it comes to aussie energy trades. but the other side of the spectrum you see utilities in australia. of 1%, australia is dead flat. flat across majors at the moment. if you compare the levels right now to yesterday, the dollar is on the front foot when you compare it. have a look at the bloomberg dollar index. oil had a big pop overnight. you are seeing what we saw in australia. this is the latest trade overnight. concerned,onds are not a lot of movement. it yields are on the way back. where are we were

deborah elms, executive director at the asian trade center.ore reaction on the japanese trade numbers as we had to the tokyo open with sophie kamaruddin. sophie. japanese trade data, we will be checking in on auto and chip stocks. stronger demand for car parts and chips plus the weaker yen was a boost to exports in february and toyota also of interest today. it has been named along with bmw and honda in a u.s. trade case. takata, you are watching at the open. comic is affected by the airbag related recalls can decide on restructuring. shares are down 42% until give this year. you so much, sophie. we will have much more on "daybreak: asia." we will be back with the tokyo and the seoul open. ♪ >> asia-pacific markets follow wall street down. concerns that donald trump's progrowth policies will not pass. on its longest 2016.g streak since takata may be willing to let its restructuring be determined by -- the second hour of daybreak asia. betty: it is just after 8:00 p.m. in new york. what a day on wall street. the biggest declines we have seen si

center 72 percent rate people want to come back and enrich their lives how could be better from the asian art museum and the museum is here when you have people that want to dedicate things library the economic trade off like putting those lanterns and last year that was rabbits i don't know if interpret moving he swear they were move the exploratorium and the foundation plaza you got another one in april the asian museum and the teen centers that working hard and all of them combined in inviting kids to come and invite and spend the day and afternoon i know with supervisor kim's office and the mayor's office and the police department we have people that are here all day long have to help them get them off the streets with the navigation center and the people helping to clean the streets like downtown streets work on yes - downtown streets in the house. >> (clapping.) >> no, of course, we have to help people to pick up the needles not just confined to the playground but welcomed environment we're doing that is with a hundred foundation and rec and park and all the plazas lovers in the cit

asian american film festival in the world.in paris and won an international competition in beijing out of 200 chefs. back in sf, he aims to i think press you with a ten course tastes menu every night and says after 35 years in the business, he still lives for your reaction. >> the first bite and it's a wow, that make me get the goose bump. >> reporter: you can get tickets and sample incredible asian cuisine this saturday night at 6:00 p.m. and if you feel like a laugh, visit kocomedy oakland. two performance as on friday. you can stop wyaould i by at 7: or 9:30. and these are some of the best young classical musicians. watch them perform on sunday. for info, go to abc7news.com and we'll link you up with hood line. >>> we're getting a new look today at a rare jellyfish. t noaa released this video showing a cosmic jellyfish near american samoa. researches sats sy the sea crea showed two sets ever tentacles that allowed for optimum feeding. >>> here is an idea for clears who hit the chaired lift. >> a skier hit the slopes with a

i won't be able to get back here into america because i'm undocumented. >> asian americans are poisedhe largest foreign born group in the united states by 2025. this is your brother. >> yes. >> and that's your fiancee. so you are undocumented, too. and how about you. >> same, same. >> also undocumented. >> yeah. >> did everybody come here on an airplane? >> yeah. yeah. >> you all flew here? >> yeah. >> tourist visa. >> tourist visa, everybody. and everybody just decided we're going to overstay our visa, compromise our visa and now we are going to be to be in the united states illegally. >> we are here to stay because we exerted our life effort, our body and soul, our mind, yes, just to work and to contribute a lot. >> will a wall stop people coming from the philippines? >> no. >> no. >> no. >> because we came here legally. with a visa. tourist visa. we cannot swim from the philippines up to here. >> you can swim there the philippines here. >> it's too far. >> doesn't make a difference. >> that would be a far swim. it is a far swim indeed, ali, while president trump requested all this

protectionism is causing asian nations to pivot to china.vonne: plus, hopping on the march bandwagon. and other fed governor makes the case for a rate hike. this is bloomberg. ♪ asia." this is "daybreak i am betty liu in new york. yvonne: i am yvonne man in hong kong. opened bidding for its memory chip business and will take proposals through march 29. selling the entire unit could net more than $8.7 billion in profit, and reuters says toshiba has hired ubs for the potential sale or ipo of a majority stake in landis and gear. betty: j.d..com has agreed to sell its finance arm for more than $2 billion in cash but will retain a share of its future profits as part of a deal to spin off the fast-growing division and create a rival to alibaba. jd.com shares rose almost 6% in new york, their biggest gain since november. yvonne: reports from japan say foxconn may sell a small stake in sharp. the nikkei news says 1% could be offered to clear the way for sharp to return to the first section of the tokyo stock exchange. 35% must be available for publi

we may see that wash through to the asian benchmarks in trading gets underway.sly through the health care vote now, so paul ryan indicated we are on to tax reform. it is about how investors assess the process we went through to get here and the wariness around will he or won't he be able to get through policy on the kind of policy in the way he wants it, trump, through the houses in the u.s. the yen is still strong. it is down now through 111, the .op 110, 90, that kind of level tough start for record trading this week in asia. betty: you know we are taking a look at the dollar and the u.s. currency, but that seems to be backfiring. as haidi just mentioned, we are declining. we had been building up on declines, the latest being the health care fallout. is it just the floor coming out under the dollar? yeah, it would be a braver man than me to call that, but have a look at this chart. it shows you what speculators are doing. as the bullish positions, the dollar long remains high. an interesting comment from the bank of america survey which shows this is the most

the asian markets are on the rise.e are talking about eight straight days, the longest winning streak since april. the copy rounding more than -- the kospi rounding more than a present. one, it is korean the strongest level since october. one of the best-performing asian currencies this year. losing ground after touching a two-week high. followingly treasuries higher. this is the picture in asia. yousef: we are under two hours away from the opening of the emirates market at dubai and abu dhabi. just slightly to the downside. we are seeing interesting moves specifically when it comes to energy and financial, those weighed heavily on the index. bank pushing at we dobby stocks higher. awaiting the higher batch of earnings and companies from egypt. key asset classes that i'm watching free this morning across the board starting with what is happening with the turkish lira and the south african currency. we did see a note from jpmorgan chase. african stocks at an over grade rating. the futures call higher on s&p 500. shery:

back to the credit suisse asian investment congress.e and size of rate hikes has been the discussion. yvonne man, your next guest. the need for more fiscal policy. that is front and center here at the investment conference. .lease welcome glenn hubbard former chair of the economic advisers council. thank you for joining us here in hong kong. tell us what the big surprise has been at the conference and what you're learning from this part of asia. is it this goal policy? donald trump is front and center. glenn: how fast can the us economy grow. big debate. and will the trump administration's policies help that? my own view is that we can grow policiesd the trump are a big plus. yvonne: can you have successful tax reform now that the health care bill has been shelved? policies are aglenn: if you mean by bring down business taxes, encouraging productivity and doing some basic running, i think you absolutely -- doing some base broadening, i think you absolutely can. yvonne: what does this set back mean? could this speed up reforms when it co

. >>> and we go into thes that offer asian food a >>> we are dealing with windy and cooler conditions today. time and accuweather says we are coming tomorrow to week.ok live now outside at sky 6 hd showing you bright sunshine on penn's landing for your lunch time and if you head out you may want to grab a coat as well. he big board with the details from accuweather. >> we are changing seasons every day yesterday in the mid-70s and tomorrow talking a chance for snow. today the big issue is the wind and it was the worst of it. we hit a gust of 64 miles per hour. trenton 49 miles per hour wind gusts. the high wind warning and advisory has since expired but still windy. a 38 miles per hour gust in philadelphia and 39 in wilmington and 45n city. so still gusting here in atlantic city, new jersey. and 37 in allentown and 32 in really gusty winds b starting to relax over the next couple of hours, we could see hefty gusts and beyond that gusts are around 20 to 35 miles per hour. and still a windy day because of the winds and dropping humidity. we have a relative low humidity below 30% and tha

everyone knows asians are more likely to commit suicide.what everyone knows is wrong. >> asian americans have among the lowest suicide rates of any group. >> it's true. the asian suicide rate is half that of the general population. maybe tiger moms are better at instilling self esteem. >> you can tell your child you're amazing all you want but it does not inspire true self confidence. >> asian parents are more likely to be tiger moms and that's why asian americans have better grades and have higher incomes. amy and her husband argue any parent can do it but certain immigrant groups, jews, cubans, nigeriians and others are more likely to instill values in kids that lead to success. >> tiger mom is back with a theory about racial superiority. >> she is the worst person ever born. >> it's not race and genetic. we say the opposite. if you look at america, the most successful group include all races. >> please welcome -- >> nigerian americans are amazing examples. less than 1% of america's black population, they made up of a quarter of harvard b