the library of congress defines the asian pacific as encompassing all of the asian continent, as well as the pacific islands of melanesia, micronesia, and polynesia. a u.s. census estimate in 2015 found 19 million residents of asian and pacific islander descent with a total u.s. population of 248 million people. in california, asian and pacific americans make up almost 21% of the population. and the bay area census in 2010 found that asians and pacific islanders make up almost 24% of the population, inching above latinos as the largest minority race across the nine counties. abc7's chris nguyen is here now with local apa leaders to talk about important issues affecting our bay area communities. >> cheryl, it's great to be here. i'm excited to introduce you to our panel of guests today. gina su is an actor based here in the bay area. she's the winner of the 2016-2017 miss asian global pageant. next, lan diep is an attorney. he currently serves as a san jose city council member representing district four. and finally, vincent pan, executive director of chinese for affirmative action. he

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

robert handa: hello, and welcome to "asian pacific america." i'm robert handa, your host for our show here on nbc bay area and cozi tv. we are celebrating asian pacific heritage month, and today, we highlight some individuals and organizations making a significant impact on the community. our first guests are being honored during asian pacific heritage month, including a leader in the filipino community getting people more involved in civic activities, a deputy district attorney helping to get more young people into the legal system as prosecutors and judges, an advocate for the health needs of the asian-american community, as well as a crusader fighting human trafficking. we'll also spotlight the ywca silicon valley for its partnership with aaci, asian americans for community involvement. and we wrap with an important, courageous group, asian law alliance, helping the community, including immigrants, with so many serious legal issues, such as domestic violence and immigration policies. while many heroes get well-deserved recognition during asi

abigail: well, being asian-american is a big part of my identity.nd it's important to celebrate and stay connected to that part. robert: a lot of pride in that identity. abigail: yes. robert: well, all right. let's take a look at the winning picture that you drew. and tell us a little bit about the title as well as what inspired you. abigail: the title of my art piece was "the hunger among us," and it's about food insecurity. and i was inspired because while i was thinking about what i was going to draw, earth day preparation was going on at my school. and my earth day--my school's earth day theme is, the future of food. and so, one day, i learned about the statistic that one out of four children in california experience food insecurity, and that was, like, really astonishing to me. so, i decided to depict that in the drawing. robert: wow. and, so when you kind of chose these symbols, what were you thinking of? what were you trying to kind of connect? abigail: well, i chose the school setting because it ties back to the title of my piece, "the hunge

your view of what it means to be asian.mmemorative month covers more than a dozen islands in the pacific and all of asia, a vast continent that stretches from russia to the middle east, which is where rowan university's president was born and raised and as christie ileto tells us that upbringing fuels his passion for education in ways you might not predict. >> these ones, bbh - big bloody habaneros. >> rowan univeristy president dr. ali houshmand has been making his famous houshmand's hot sauce for many years. >> some have what i call volume and neat and some have heat - this is habaneros. >> houshmand donates all the money he makes from selling these jars to raise scholarship funds for his students. >> it gives it that amazing aroma. >> a cause dear to the president. >> so, for me it's really seriously personal because i see in these kids me, if i had gone in the wrong direction. >> houshmand was born and raised in iran during the 1960's and 70's. >> i come from a very very poor background myself, from very poor families w

the santa clara valley water district is inviting asian-american community groups for an asian communityay this summer. one reason, to overcome cultural obstacles in the community on drinking recycled and purified water. so, you say you want a veggielution? well, you know, we all want to change the world through community farms and gardens. we'll talk about how and why. then, one of the most popular and colorful spots in the south bay, the san jose heritage rose garden and its collection of 3600 antique and modern roses, many of which are from china. and we continue our tradition of showcasing artistic and cultural performances with a rising young star from the philippines, who's making a name for herself in the us. mika gorospe sings her new single for us today. well, if there is one topic or issue that is important to every community group, it's water and our precious water resources. and the santa clara valley water district is certainly aware of that. with me right now is nai hsueh, the district five representative on the water district board of directors, a registered civil engineer

he established and continued to cherish the asian studies center of nurture. thank you ed. [speaking in native tongue] added, thank you for allowing me to do the honor say. vietnam and us relationships have been very steady delivered to rectory for more than 20 years. and for good reason. we have a range of converging interests from economics, to security, to geopolitics and we have our differences and human rights for instance we have developed a relationship that allows us to discuss them with one another in productivity and without rancor. [speaking in native tongue] mr. prime minister, despite the changes here in washington and in hanoi for that matter, i welcome your visit as the next logical and important step in involving partnership. thank you so much for allowing heritage to be a part of your visit. [speaking in native tongue] please let me invite you to the podium. [speaking in native tongue] [applause] [speaking in native tongue] thank you very much for that introduction and distinguished participants ministers and representatives of the us government, ladies and

asian. you know, i think it is important for people of all shapes, sizes, shades to be a part of this process. and i think it compounds the problem of asians not getting into politics when they don't see someone that looks like them, represents an immigrant story, similar bio that i have, reflected on the political process. soledad: if you had not been inspired at president obama's chicago speech, what would you be doing right now? ronnie cho: that is a great question. i think i will always be in public service in some way. maybe not be running for office, but you can serve your city and your country in so many ways. my whole life has been about public service, whether it is as a campaigner or the white house or my role as an executive of mtv. all of it was trying to lift up and tell stories that change people's minds about the issues at hand. soledad: ronnie cho, inspired to run. nice to have you with us. good luck in the race in september. ronnie cho: thank you so much. announcer: coming u

during the month of may we celebrate and recognize rich heritage of asian americans and pacific islanders an their contributions to our country. zbl and there's not a better time than now as we count down to the olympic games in pyongyang south korea and the excitement is building all over the world. >> the winter games will give more people the chance to learn about korea's history and culture o learning can start is here at the korean cultural center in washington, d.c. >> the korean cultural center in washington offers a window into the country that will soon step on to the world's largest stage as pyongyang hosts the 2018 winter olympics. so people have started to learn about movies and dramas and film and all different types of traditional contemporary art. >> adam works at the center with lee who came as an international student. together they are bilingual and bicultural messengers for cori where and the olympics. >> i'm so happy. >> he was too young to remember the last time korea hosted the olympics for the 1988 seoul summer games but he knows how much his country has changed ove

and asian american art.eir exhibits, the golden visions of densatil: a tibetan buddhist monastery, brings together for the first time art from the

the is the growth center of asian pacific. i look forward to advances in the discussion, with regard to the united states last month, vice president pence held the first japan-u.s. economic dialogue and agreed to continue the consultation on the commerce strategy on trade and investment rules and issues. not only shall we accelerate and trade andthe flow of investment between the japan and the u.s., but we aspire to for theate fair rules asian pacific by japan and the u.s. at the helm. you might be a skeptic about the future of this country with the birth rate declining and the population aging. this is country all right? taboo, but my a government has decided to target by the rate of 1.8 early 2020's, and childcare services are being expanded. i also attach importance to investing in human resources. by encouraging the introduction of robotics we shall harness our people to be equipped with production skills to improve results and outcomes. welcoming more of them, mainly who have technical .xpertise realize a society where ea

joining me right now is audrey yamamoto, the president and executive director of asian pacific fund,

asians in britain used to ca re adviser...tain used to care for their relatives at home but a new ca re care for their relatives at home but a new care centre is care for their relatives at home but a new care centre is changing that. it's 7am here in singapore, midnight in london and 7am in seoul where voting is currently under way to a late and new president. the election is months ahead of schedule after the president park geun—hye was impeached over a corruption scandal. the poll comes over major rising tensions with north korea and bubbling in the electorate over corruption. it is seen as a battle between these two. moonjae—in has promised to create newjobs in the public sector. to tackle corruption, he has promised to end residential pardons for executives. he said the future president should make the final decision on the us defence system deployed against north korea. as for ahn cheol—soo, he thinks the corporate sector should take the lead. he now supports the us missile defence system. joining us live from the capita

the asian markets are very important for us.you consider the amount of people, the population here, we talk about more than 600 million people. you are currently in the news in the uk. you are recalling a number of thousands of gas hovers. there has been a settlement as well. $327 million with bw abv diesel emissions scandal. what you're doing is selling products to asian households. trust is a big factor. how do you ensure that? trust is very important subject for us. we ta ke very important subject for us. we take it very seriously. already, our founders said, clearly, ratherto lose money than trust. i think we stick to that. when you talk about the uk subject, there's kind of a risk that something can happen we make a risk that something can happen we makea repair risk that something can happen we make a repair solution voluntarily to avoid any accident. all right. very quickly, just jumping to avoid any accident. all right. very quickly, justjumping in, as a consumer in asia i four years very quickly, justjumping in, as a co

visit ncicap.org] ♪ robert handa: hello, and welcome to "asian pacific america."rt handa, your host for our show here on nbc bay area and cozi tv. we are celebrating asian pacific heritage month, and today, we highlight some individuals and organizations making a significant impact on the community. our first guests are being honored during asian pacific heritage month, including a leader in the filipino community getting people more involved in civic activities, a deputy district attorney helping to get more young people into the legal system as prosecutors and judges, an advocate for the health needs of the asian-american community, as well as a crusader fighting human trafficking. we'll also spotlight the ywca silicon valley for its partnership with aaci, asian americans

it is being felt in asian trading as well.alibaba — the chinese e—commerce giant that has been described as the country's ebay and amazon rolled into one. it certainly makes more revenue than both put together. it's expected to report anotherjump in profits later today, its shares have soared since it floated in new york and it now has a stock market value of some $300 billion. but the vast majority of its business is in china — something its billionaire founder jack ma wants to change. samira hussain reports a great entrepreneur, one of the best in the world. for president trump, the best way to show his love for this country is to make it easierfor americans to for this country is to make it easier for americans to sell their wares to china. this sneaker shop is an example of that. it has a physical store, but 90% of its business is done online. since august, they have been selling on alibaba. that august, they have been selling on aliba ba. that has august, they have been selling on alibaba. that has been a big boost to the

the asian countries are very keen to invest.far, the majority of investment is in the public sector. they also have power generations and communications and so on. we should promote the infrastructure investment in many ways. donald trump -- to what extent has he upset the apple cart here in asia? there is the setback from the tpp and these assumptions about trade relations, trade deals. they have been thrown up in the air. how does that affect what you're trying to do in the region? how do you deal with that, what do you see happening next? >> the trump administration is discussing how they want to adjust to the trade system and valuations in asia. it is too early to mention not.er it is a problem or i think the u.s. will continue to be engaged with asia and continue to have a free-trade system with asian countries. there can be some adjustments and discussions. they will join the tpp at this moment. it is fascinating, the u.s. walked away from free trade. >> when you look at financing a deal, how much difference does it make?

rates, youing about do like dollar asian credit. on the bloomberg, they can see the emerging-market dollar bonds have been gaining since last month. china dollar bonds have rolled over. how much of an opportunity does china still present for you for investors -- for you and investors looking for alternative exposure? guest: very good topic you are bringing up. one of our functions we will address at the conference is how the alternative market in china is developing. we have a look at where the opportunities arise. our outlook on china has been very constructive and positive for a while. clearly they are trying to balance out the credit slowdown without stopping. i think if you invest in china, you need to be selective. we like stockpicking and china because we believe that is the way you need to play this market. i am not concerned about the china development on the interest rates. wea diversified portfolio, believe that as an opportunity to consider, particularly if china is opening up their convertibility and access. and they do

most of it in the company of friends in an asian care home for the elderly. hairstyle inn salon, all under one roof. but funders not come cheap. it cost £900 per week at least to be in. that is at least $4000 a month. the owner of the home defence the cost. —— hairstyling salon. we have given it a homely feeling and a homely environment. the terms we are building ourart going environment. the terms we are building our art going towards the hospitality and hotel style, not an institution. for many migrants who came to the uk during the post—war boom years from india and pakistan, retiring in the uk was only a distant possibility. migrants from india, the caribbean, and so on, they came here for work, and they will tell you in interviews that they came here for five years, then they came here for five years, then they were going to go back home. that of course, they married, had children, and all of a sudden, they are preaching —— approaching their 60s and 70s. in just over three decades, it is thought that the number of this population will grow significantly.

our end game is greater innovation and winning. >> sarah touched on the white and asian question. one of the lines in your report is underrepresented minorities which i would assume is african-american, native american, what is an underrepresented minority? >> that's different things in different countries. within the u.s., within the u.s. it's ethnicities and race. and it is gender. and so we look at -- as well as veteran status. >> well, i guess what i'm asking is are asians considered -- are they considered a minority at -- in hewlett-packard -- or hp, and an underrepresented? >> well, so at hp, we don't focus just on our numbers. so we have looked at how do we reinvent the standard for diversity and in looking at that, if we're in the silicon valley, we -- asians are not underrepresented. in boise, idaho, where we have one of the largest sites it is. so we have to be very specific to those different geographies that we focus and we do business in. >> now, there's been a lot of data that's come out in the last four or five years about why gender and racially diverse teams are b

what are you hearing from your asian clients? mr. now people are trying to unravel the conundrum where globally the economic picture looks relatively robust. globally the geopolitical picture looks relatively unstable. how does one trade in that environment? all europe or the u.s., it is no different. reporter: when you look at china, are you satisfied with the pace of liberalization in capital markets here? mr. gorman: you have to stop and just how china's economy is doing. a lot of focus on the fact it has slowed down. i focus on the size of the economy. a $10 trillion economy, the second largest in the world. the rest of the world would die at 3%, letwth rates alone 6%. the economy is still doing well. leadership changes come up at the end of this year. overall gdp growth is north of 6%. there has been liberalization with capital markets. inhas been very positive introducing capital flows in and out of china. more to be done, but good first steps. one thing that can change your business prospects, what would it be? mr. gorman: we

and asian headquarters.t sounds really ominous. it is just after 7:00 p.m. , those is a big story hospitals and government facilities being attacked, but all eyes will be on the bill and road forum, $78 billion in infrastructure spending pledged at the time we are a focus on data, retail sales data out of china. when it comes to the u.s., , theng seems to move much s&p 500 2400 for the past couple of weeks. china,a big project from how will the u.s. and the rest of the world react. earthquake-layy quality? we will examine that later in the program. we seem pretty stuck here. the retail sales numbers on friday did not eliminate anymore on where consumers in the market are going, so we will watch for economic numbers this week. shery: let's look at the markets at play. openealand the only market at the moment, now rebounding, slightly unchanged after falling in the last session. .he kiwi dollar also unchanged this week is all about australia . keep an eye on on see banks, stepping up criticism of the proposal

no surprises there for the asian market.yen declining, and that is helping set up some of the gains we are seeing here in asia. take a look at the leaders here on the nikkei. we have yamaha surging as much as 14% earlier this morning after setting its all year operating profit outlook above estimates. take a look at j. front retailing, leading gainers in the retail sector. with sales coming in higher. 1% higher for up the much of april. dbs is ahead of wealth management. that is going to impact the performance for 2017. the electronics and solar panel maker on the rise as it posted a slump in annual profits on weaker sales in solar equipment. they have climbed about 22% in the past year, but technicals are signaling the kyocera stock could be over budget is. we do have the likes of sony financial on the decline here. yesterday we had sony corp. highs rising to a 22 month on a bullish earnings report that led analysts to for see a record profit for that company. we do have adventist continuing to slide down about 1%. up in ar

asian markets. by a0 and the all ords down by 11. have a productive friday, everyone. goodbye for now. this is bbc news. i'm greg dawson. the top stories this hour. president trump has changed his explanation about why he fired the director of the fbi, james comey. he said he'd already decided to sack him before receiving advice from thejustice department. after the controversial jailing of the governor of jakarta — a christian — indonesia'sjustice minister has said he may review the country's blasphemy laws. hospital waiting times in england are the worst level for five years according to a study of the latest nhs data. the health foundation, a charity which conducts specialist research into health policy, said that key targets were being missed and there were longer waits for accident and emergency, cancer treatment and routine operations. our health editor has examined the issue. jim has prostate cancer, he faced long delays between seeing his gp, going for tests and then having surgery. he's one

what a turnaround in asian markets.tty much every index that we have seen the nikkei turn around and close higher 0.2% despite the yen posting its best week of the month. pretty flat in late trade and australia's market down 0.2%. the australian market has had its worst week since october. singapore air absolutely pummeled in singapore today, falling the most in six years after it came through with a fourth-quarter loss which was its first in three years. toshiba doing quite well, closing up 3.3% on the nikkei. rod, and kkr are the front runners in the bid for its semiconductor unit. kong, it has hong had a number of broker upgrades. we've been talking about the political turmoil in brazil and that has followed through to asia. we have seen asian investors dump their brazilian equity holdings by selling out of etf's. as much asnd linked 9.6%. quite a lot of sell down and that was reflected in what we've seen in that market overnight as well. anna: thank you very much. juliette saly in hong kong. let's turn our attention

tot should follow through the rest of the asian session.se revelations underpin a cautious sentiment around the next steps from the trump administration, the unpredictability of what is happening. elsewhere in the region we have that opec meeting, the head of the big meeting later today. that will be closely watched. later on we get into europe, we have those week inflation numbers. the pound got a hit. today we have a labor report. that will be closely watched by sterling traders. shery: we are also seeing the biggest exchange fund. just attracting the biggest inflow in almost a year. is this warranted is this a risk? this is a few things going on here. if we bring up the chart that shows you the extent, some of the biggest inflows we've seen going back 12 months. this is an $11 billion emerging-market. performance has been good but it is living -- leaving some folks at pine ridge saying bonds are looking for expensive here. this rally is starting to look squeeze. it does put pressure back on the board when they take some money off the tab

asian markets, if we look at those, they are fairly flat at the moment. last few days. quiet as there has been a lot of holidays. that's all for this edition of asia business report, thank you for watching. the top stories this hour. the us military says it has successfully test fired an interceptor designed to bring down an intercontinental ballistic missile, as concerns grow over north korea's ambitions. thousands of people have been left homeless in bangladesh after tropical cyclone mora hit coastal communities, destroying and damaging homes as it made landfall. tributes have been paid to a zoo—keeper who was attacked and killed by a tiger. rosa king — who was 33 — has been described as the "shining light" of hamerton zoo park in cambridgeshire. she died on monday after a tiger entered the enclosure she was in. ben ando reports. we do a lot of work for conservation... rosa king had always loved animals. they're being poached in the wild... and according to those who knew her was passionate about their welfare and protection. but yesterday, while she wa

thank you grew much for that update on the asian market story.t corporate news and alibaba, the e—commerce giant from china will be reporting today. a key part of its strategy is connecting the huge consumer market in china with us entrepreneurs. it is something that jack marx spoke about with the us president is we report from new york. —— jack ma. president is we report from new york. ——jack ma. he is president is we report from new york. —— jack ma. he is a president is we report from new york. ——jack ma. he is a great entrepreneur and he loves china. for president trump, the best way for jack ma to show is lots of this country is to make it easier for americans to their goods to china. this sneak a shot in manhattan is an example of just that. this sneak a shot in manhattan is an example ofjust that. stadium goods has a physical store but 90% of its business is done online. since august, they had been selling on alibaba august, they had been selling on aliba ba and it august, they had been selling on alibaba and it has been a big boost to the

we'll have action from the asian champions league, as adelaide united are dumped out.nd maria sharapova may have been beaten in madrid, but tennis tournaments are still welcoming her with open arms. hi, wherever you are around the world, welcome to sport today. there was spectacular theatre in turin on tuesday. football magnificence. and at the end of it all, juventus secured their place in the champions league final. dani alves volleyed in one of the goals of season on juventus‘s way to a 4—1 aggregate win over monaco, in theirsemi final. here's our football reporter john bennett with his analysis. monaco started well and had some decent chances but juventus monaco started well and had some decent chances butjuventus killed the game with two goals in the first half. here yet again was dani alves. he set up the first call and scored the second. beautiful volley. across the second. beautiful volley. across the two legs, but three assistant and one goal. member he was released on free transfer by barcelona last season. on free transfer by barcelona last season. a credit

could be affected by that as any other asian currency.: a lot of this depends on what happens to the dollar. there is a suggestion that a bit of loss and momentum is coming. this chart suggesting net long positions has been cut to the lowest since august. why are we seeing this? is this more tepid than expected? reporter: i think it is more there was aof -- period were they were popular trades. none of them handout. they have reverted to a negative, basically a short dollar against the yen, when they started rallying dollar-yen. they are getting a bit wary at the moment. it is not happening at the time frame they expected it to. they're waiting for more information from president trump and the tax plan before initiating new positions. haidi: we had a nice move in the commodities petrol currencies overnight. is it going to be the oil story driving through, are you looking at the fundamentals of uncertainties over china, or where iron ore is continuing to go? reporter: i think iron ore is a big commodity currency. it's not the only one, but

these students are the winner of the asian-pacific funds 22nd annual growing up asian in america contestat honors asian americans for their involvement in the community as well. presenters include our very own mike inouye and janelle wang. >> that's why i saw the table set up in the hall. 4:40, coming up, thursday morning and a pleasant day on tap. >> we are going to have warmer temperatures later today as we get a live look outside at san jose and the los gatos temperature trend at 9:00 starts us out at 61 reaching into the low 80s by 3:00 today. we'll see how temperatures shape up for the rest of the bay area coming up next. >>> a live look outside. very calm right here for 880 through fremont. a little farther north that crash is indeed on the shoulder and finishing up paperwork. we'll show you what's going on for the south bay coming up. ♪ ♪ u2 rocking in the south bay, the band revisits joshua tree. >> hard not to sing along. >> i love that song. nats of music runs=04 =laura/contvo= one of the biggest rock groups on the planet wrapped up t ♪ see the storms senate her eyes ♪ >>> one

asian bonds are getting quite a good bid on the yield in the australia 30 year note.h over to asia in particular, china coming online. point opened up lower by 25%. you are seeing the strength in the end. other markets are taking this news in their stride. more importantly i guess, they are focusing on local news rather than what they are hearing and the global space because we have had such a stream of bad news for investors to deal with brazil, washington, and now this attack out of manchester. people are focusing on what is happening in their own entries as opposed to global noise. have a look at malaysian's ringgit, up .1%. that is a six-month high for the ringgit against the dollar on the back of that rally you have seen in crude, the wti contract above $51 per barrel. some emerging-market assets and currencies getting a lot of the bid, focusing on more local news rather than that macroeconomic space. haidi: that is a really interesting point, jules. we talk about the fragility of this record rally we have seen in global equities, but on the flipside, we have inv

let's get the risk radar and show you where we are on asian equities. oil majors doing quite nicely in the asian session, up by .7%, s&p futures are pretty flat. on thataway, news domestic front, although the comey news flow could resurface later on today. we will get fed minutes on wednesday, 80% chance of a hike in june. manus: let's talk about dollar-yen. even though north korea tested another missile, it is still slightly more risk on. you got the north korean test, the dollar gaining overdone. you will need fresh factors. cable -- this is great. david davis talking about crisis before it began to lay out the plans. . the article was that the u.k. would be prepared to walk away even before the negotiations begin if this bill keeps being talked about around 100 billion pounds. anna: let's keep an eye on that, on the wake of that. european ministers gathering in brussels to discuss the brexit negotiations -- let's get the first word news with juliette saly. juliette: anna, thank you. in saudi arabia, u.s. president donald trump has told arab leaders t

is she european or asian? how would you consider it japanese or asian? she is both.ibilities in the subversion of the traditional female form, again, as opposed to traditional curves, you know? breast, waist and hips. rei kawakubo is 7a years old. who will succeed her? good question. nobody really knows, i think. there are a couple of young designers to work with her including wata nabe, possibly. that was sharon lim, a former editor of elle, now a lecturer on fashion communication here in singapore. and from striking designs to some stunning, and thought—provoking images, alpa. wright i think they are stunning. fashion very important on this programme. of course, my high heels particular important. as are yours, i'm sure, ricoh. let's go to washington where an exhibition is putting a face to the men and women who serve their country. more than two and a half million americans have been deployed to iraq and afghanistan in the last 16 years. but the politics of war can often gain more attention — than those who actually fight in them. this exhibition at the national p

the asian equity markets down by a quarter of 1%.ing into dollar-yen, this is the classic moment. you have general dollar weakness going on the sixth day in a row. you have a rally in yen, it has put on one and 1/8 percent. you have seen that kind of move and money going into the gold market. anna: let's show you where we have the other classic risk. treasuries moving as you would expect. let's have a look at the closing of the markets in japan industrial you. bank stocks coming under pressure in the australian market. offasx down and the topix 5.501%. the momentum carries through into the german , up 21.nt bonds also money going into french government bonds, this is a classic risk off day. gold is bid committee the yen is bid and bonds are bid. let's get a bloomberg first word news with juliette saly. juliette: u.s. president donald tomp asked the fbi director drop and in boston -- an investigation into michael flynn. introduces the possibility that the president may have obstructed justice, an impeachable offense. the white house h

is disengaging from these asian conversations?pm abe: translator: as for myself, in fact, today, with admiral harris, commander of the pacific command, i have just spoken with admiral harry harris. after trump took administration in a certain sense in this region regarding the security of northeast asia, in a sense i recognize the commitment has been strengthened. for, the situation in north korea. the trump administration is seriously tackling this situation, aircraft carrier carl vinson has been dispatched. mr. baker: it is finally dispatched great we are sure it's on its way now. it was delayed, i think, for a while. [laughter] pm abe: translator: of course, there is a strategic meaning. it could have been strategic, but meanwhile, before entering the japan sea territory, the self-defense force engaged in joint exercise and there was movement northward. that was the significance, and meanwhile, what ever had to be done, had to be urged to north korea or we had to urge china so they would play their role. i believe and i imagine

the headline reads "trump lines up asian allies".g out to asian countries to secure their help in the singapore straits times, the headline focuses on the president of the philippines. he's visiting chinese warships in his hometown of davao city. it sees the visit as a warming of ties between the philippines and china — after president duterte distanced himself from his country's traditional ally, the united states. and in the new york times, this piece on china's enormous appetite for seafood. it says intense fishing in china is ravaging african waters pushing fisheries to the brink. it has long been considered one of the biggest red carpet events of the year as new york play‘s host to the met gala. —— of the year as new york plays host to the met gala. it celebrates the opening of the metropolitan museum of art's annual fashion exhibition. it's an extravagant black tie event which brings together big names in music, fashion, film and politics. this year the gala is honouring 74—year—old japanese designer rei kawakubo. sharon lim is

applause 0ur small businesses, the backbone of our economy, many run by black and asian people, haveployed by raising national insurance contributions, squeezing the income of thousands of small business owners. frankly, they've rigged our economy. and did our wealth and public assets to their super—rich friends, and they expect our communities to pay for it. posterity has driven our social care system into crisis. —— posterity has driven our social care system. black and asian minority communities will be deeply alarmed by the conservatives' hostile plans, slapping a dementia tax on those who need social care by making them pay for it by using their homes. under the conservatives, the inequalities in education attainment have been ignored. children from minority ethnic communities, especially african, caribbean, pakistani and bangladeshi, have been heavily affected by conservative cuts to school budgets. labour will buy while ethnic minority communities are scapegoated for the economic failure and the crawl political choices made by this government. we oppose... applause —— cruel po

china and south—east asian countries agreed on thursday toa asian countries agreed on thursday to a framework, part of the disputed south china sea. the islands are claimed by six nations. more on this we're joined now by an associate professor at the university of the philippines. he joins us now via web cam. thank you for joining joins us now via web cam. thank you forjoining us. if china and the philippines will discuss the dispute in the south china sea, who do you think will have the upper hand? i think both will have a very good chance at negotiating what will eventually be a code of conduct. it appears to me that the philippines is very much determined, under the administration of president duterte at common to find a peaceful solution. but finding a peaceful solution, and would this mean having a joint exploration of the disputed islands? well, that deal in october definitely included joint exploration and trade which we are enjoying robust relationship with china. what i think president duterte they would like there, what the philippine ambassador would like, is to be able to provide

his visit signals and asian pivot -- european pivot when it comes to asia and germany.loomberg. ♪ anchor: it is 8:30 am in sydney. markets open in 98 minutes time. not a whole lot of leave frothy traders to go on. future down by .1%. large parts of the global markets have been closed. i am haidi lun in sydney. betty: it might be the calm before the storm. it is 6:30 p.m. in new york. you are watching "daybreak australia." up, the san francisco fed president john williams has told bloomberg he's he's a far smaller balance sheet starting with what he called "a baby step of unwinding before the end of this year." policymakers say they will minimize market reaction. williams said the process will be "boring and in the background." >> given my own view of the economy, i expect this to start the normalization of the balance sheet, the baby step toward later this year. that will take several years to take place. we will allow -- the assets we had to mature and decline organically. ramy: over to india, and one of the largest tech services companies is warning that president tru

we are talking about the achievement of asian-american students. we do not use the lindsey pelas you around asian-american students generally outperform white students. what is wrong with white students? why are they underachieving? are they watching too much tv? where are their fathers? >> i don't think talking about them in the same way, talking about it in the same language would address the problems that blacks continue to suffer disproportionately. important point you ars you are raising. look at it this way. i think this is what he is trying to say. many people in the admissions receive some kind of special consideration because of where they come from, arizona , belgium, africa. the admissions process takes into account a lot of different things. race and ethnicity are simply two among many. legacies. we all know the stories of children of alumni have some special consideration at every college, university, including mine. the question, and the differences, by the way, are not that significant. the qualifications of the students coming in ar

everyone knows asians are more likely to commit suicide.ows 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 business school's

and asian headquarters.an.am yvonne a stunning victory for macron after his emphatic defeat of marine le pen. he won with 65% of the vote. was seen as a blues for the european union and a blow to rising nationalism. marine le pen accepted the loss and called the result of massive success for the far right. now the attention turns to the parliamentary elections next macron prepares to name his government. >> from tonight for the next five years, i will take on that responsibility to serve the country in your behalf. long live the republic. long live france. the interesting part of all of this is just how right the polls were, and whether or not it signifies, have we reached peak populism, at least when it comes to europe? events in the u.k. and in the u.s., this may be more reassurance for those investors in europe. mind that we have a lot of potential obstacles with the at time of election as well, but we have seen this risk on sentiment filled towards the end of last week. can it continue now that this poli

that existed between the asian community and the african-american community? >> there was a lot of attention going on between korean americans and african-americans specifically. i remember going to meetings and to the communities where the rage that african-americans felt about being dispossessed. not having things like owning stores in the community, and the immigrants felt targeted. but the rodney king incident, and the condoning of police misconduct is what happened, for me, as a member of the city council made me realize that people have to speak up and make a difference. >> john macky, you were here in 1965? >> no, i was not. >> i asked that because he was here, a kid, very young, but if you were here as well. i didn't know when you came because i wanted to get a sense of what we see in retrospect about what happened when it happened in 65 and when it burned 25 years ago. >> i'll give you my take. in the first incident, there was an immediate police response. a brutal police response. now fastforward to the ryons that took place after rodney king, and th

we are seeing a mixed start to asian equities elsewhere.o recordholding on highs, no stopping foreign inflows into this market. ,t is lifting the overall kospi higher for seven consecutive sessions, and investors continue to ignore the north and another missile test over the weekend. consumer confidence in korea is that a three-year high, and a lot of optimism that the new president will signal great things for korea's economy. weakness in the commodities markets. new zealand down .2%. muted in japan and australia. strengthenedeen against the dollar, but it is flat now around 111 come as a not too much movement on the nikkei and asx 200. there was that they call towards the end of last week when we saw a lot of weakness come through in the commodities markets. the crude price of .2%, and gold iron some downside in the ore contracts. samsung lifting the kospi. some ofe, downside to these health stocks. domino's pizza, the biggest laggard, a sydney-based stock down by 3.6 percent after morgan stanley cut its downgrade. volatility, not a lot h