the asx 200 up 1.5%. a flat pick up coming through in new zealand. the kiwi dollar is at its highest level since june. the iron ore prices also rebounded. rio tinto has come through with first quarter iron ore production which was bang in line with estimates. these are some of the companies affected by the earthquake in japan. that also is a reflection of that weaker yen. rishaad: thank you. rio tinto announcing what it calls robust first-quarter production numbers. let's get over to sydney. how is it looking? what makes them so confident? paul: they delivered 84 million tons of iron ore in the first quarter. rio tinto pretty much in line with estimates. it is down 4% on the quarter, but up 13% on the year. iron ore is very important to rio tinto. iron were pushed back above $60 per ton overnight. as for guidance, they will probably have to ramp up production to hit their 2016 figure of 350 million tons because they have exhausted a lot of their stockpiles. looking ahead to 2017, they might be pulling production back a little. that will come as a gre

the weakness and commodity players playing into the asx 200 .ht to safety, gold stocks looking strong in sydney. this is where we are seeing most of that weakness. industrial metals, 17 out of the 19 stocks we track lower. a quick check on the yen. it has been the story of the day. the japanese yen to the 18 month high in new york overnight, pushing through 108, but weaker at the moment, down 7/10 of 1% against the greenback. a lot of questions about whether or not there will be intervention anytime soon. rishaad: right, china central bank most likely to extend its paws on monetary easing. they say a pickup in inflation is becoming a big worry. our editor malcom scott is with me now. what are the economist seeing? signs that theng pboc 18 month easing policy is starting to work. whether the cpi figure is the big worry is debatable. it might be a big relief. a year ago, the real worry it was deflation. it's coming back. the report is expected to come in at 2.4%. rishaad: just shy of the target, but better than a year ago. >> you have that. you ha

some buying coming through in the asx 200.health care stocks driving the games, a 5% rally in crude. hong kong up 3.5%. petro china but in good. -- petro china looking good. health care stocks also looking strong. here are some of the more -- samsung coming through with its numbers today, better than expected, beating estimates in first-quarter earnings after the early release of the galaxy s7, but a pullback in korea. australia coming through with first half profits that missed expectations, though the share prices higher. down 14.5% as it resumed trade for the first time since march 7 and following that u.s. probe. thank you very much indeed. getting back to our top stories. samsung preliminary first-quarter earnings ahead of estimates. the new smartphone proving to be a surprise hit. to wrong,s weren't but better than estimates. risingctations have been ahead of these preliminary results anyway. now you are seeing a bit of a pullback because people are selling on the fact. 1.3%.d: right, a lot of this is murky. we will get

seoul's kospi is up, as is australia asx. china opens in an hour and a half. >> thanks a lot for that update. our very own ramin mellegard from the toekyo stock exchange. >>> smartphone in japan has big brands to find buyer for the latest models, but also an opportunity for less known makers to develop their presence. nhk world has more. >> reporter: apple is trying to appeal to new buyers with a smaller phone display. the iphone se joined the lineup last week. it is the company's cheapest model. they're known for selling high end devices, but the company recently said iphone sales has been the slowest ever. so efforts are intensifying to bring in new customers. >> translator: the price is very reasonable. the size is compact. it looks easy to use. >> translator: i like the new pink. it's nice there are more colors to choose from. >> last month, apple stores in japan launched a recycling campaign. they're accepting old phones as trade-ins. customer whose bring them in can receive gift casheds towards a new one. one of apple's

sidney's s&p/asx 200 dropped by half of a percent. it was a mixed picture overall in the region, hong kong gained a third day by half of 1%. financials led the way there and stocks rebounded from their lowest point this year. indonesia was down meanwhile by .4 of 1%. china's growth is a major concern for investors around the world and next week we'll get the nation's gdp data for the first quarter of the year. last year growth slowed to a 25 year low. leaders set a target in the range of 6.5% to 7% down from last year's goal around 7%. government officials have promised to press ahead with structural reforms. we spoke with an analyst on china. he started off by giving us predictions for gdp figures in the first quarter. >> the easing measures are starting through the system. >> i want to ask you to shore up growth more supply side would be needed like cutting over kp capacity i in the steel and coa industry. how quickly will it be implemented? >> in beijing's policies mind, stability is the number one policy option, so we should not e

trading two-tenths of a percent and australia asx 200 up 1.3% almost. china markets open in an hour and a half. there will be further updates on how that also affects the japanese shares. for now that's all for me. back to you. >> thank you for that report ramine reporting from the tokyo stock exchange. >>> it can be found on wrists and wardrobes around the world transforming objects we use every day. the people creating it are working to expand the range of applications in surprising ways. nhk world rosa reports. >> the south by southwest festival in austin, texas is best known for cutting edge music and arts. but in march, it also drew many companies displaying the latest in wearable technology. the garment contains electrodes. it provides the same benefits of three hours of muscle training in 20 minutes of exercise. and this wearable keyboard. a student came up with the idea. what's it used for? it encourages people to stretch hir tired muscles. >> i was a graphic designer more than ten hours a day pain. they were showing off the latest gadget. at fi

and i'm talking about the kospi and australia's s&p/asx. australia is up just a tenth of a percent. china opens in an hour and a half. very interesting to see what happens with the shanghai composite and the hangseng. that's it for me. >> ramin mellegard from the tokyo stock exchange. >>> women in japan face formidable barriers in the workplace. more than 60% quit their jobs after giving birth. and the percentage of female managers in japan is much lower than in other nations. now business leaders are beginning to realize something needs to change. this month, a law took effect with the goal of increasing the employment of women. in this three-part series we look at ways women build their careers and how some companies are changing to help them. today nhk focuses on the difficulties for women who want to work. >> reporter: more than 1700 women came to an event in tokyo, hoping to find companies that would offer them a career, not just a job. the event was exclusively for women. >> translator: i want to work at a company that supports women, even when they get married or have childre

the kospi is down, and a come but in the nikkei 225, now only, the asx 200 down by a 10th of 1% despitee selloff in the oil producers. elsewhere, the philippines coming online, down by 2/10 of 1%. new zealand appears to be buffering this a little bit better. yvonne: thank you. breaking news, china released the latest property prices. unsurprisingly, gains across the board when it comes to china property prices, particularly the main cities. up and 62 cities month on month. existingng that across city prices. shanghai, up 6.2% on month. new home prices for shanghai up 6.3%, newing up by home prices in the chinese capital up by 3% on month. new home prices were down and 29 cities year on year, up in 62 cities month on month. cities surveyed by the government, so across the board arrives. this is about upward trajectory that we have had since the easing cycle began, six rate cut huge november 2014, and a amount of new financing, lending, leverage going into the economy, a lot of that going into the property sector and has driven these home prices, particularly across the major cities. we a

we expect gains in the nikkei and asx.ooking at a surplus 7.6 billion dollars expected to improve on the $2.2 billion. to weighpecting this on imports. we're watching shares at the world's biggest mining company, which just released figures. ore company had a slight miss. it may be helped by numbers overnight. we will watch these as we get under way. , bloombergllen for tv in sydney australia -- for bloomberg tv in sydney, australia. a fight between apple and the fbi over the use of encryption's has moved from courts to capitol hill. before aatives spoke committee today and the fbi defended the usage of a third-party to crack the cell phone. put to rest questions about request from the chinese government. here is the general counsel. >> we have now provided source code to the chinese. we did not have a key that we threw away. we have not announced that we would apply pass code encryption to the next generation icloud. i want to be clear on that. we heard allegations that have no merit. whoy: i caught up with tim, called fo

markets, asx 200 was on the way out before the report came out. a very heavy session today.ta out of china at some point today over the next 2-3 days, according to the schedule. now, have a look at this. equity markets looking like this across the region. we are up, extending this global rally. have a look at what is happening in hong kong, 1.4%, the seventh today in a row that we are looking at gains in hong kong. two reasons, first, the last time we saw a string of wins this long, it was last year during the frenzy that to the index up to 28,000, if i remember correctly. we are still way short of that at the moment. theseas pushed a lot of shares 25%. i would imagine at the moment more than that. you take the index, the portion of stocks or members of the index are overbought. something to keep your eye on. j.p. morgan out with their new strategy. china,e overweighting under waiting different parts of taiwan. the risk premium they say is falling as the fx reserve stabilize, and also looking at the real economy, high eps growth companies. 1.4% hang seng. overall, we are ver

a lot of these oil-producing kong,, similar to hong heavily sold off. 200 is onlythe asx down 2/10 ofhat is its first loss in five sessions. drops having its biggest in two years. in terms of how the region is looking, here is the picture. every sector heavily in the red. industrials down by 1.7%. big selling coming through in financials. the regional benchmark coming off those four-month highs. the japanese yen is heavily and focus. -- heavily on a focus. 7.95. holding at 10 the commodity producing currencies coming under pressure as well. the aussie dollar is down by three quarters of 1%, holding at 76.74. angie: japanese prime minister abe has sent more rescue workers to the quake stricken south of the country. japan's worst natural disaster since march 2011. several companies have extended help to the operation. latest on plant closures? names that have been hit that have plants in the region. just our reporters were there. they do not have any timeframe for starting. they've not been able to go inside to assess the damage for fear of aftershocks. toyota, they have had to shut dow

thatanalysts ease given the pressure it is putting on export competitiveness. ,s the reaction on the asx down one quarter of 1%. we are seeing strong losses coming through from the nikkei 225, off by 2%. taiwan,e, losses from the kiwi markets, and the kospi down for a second day. we had that quarter starting off with the were start to year on record for a number of these markets, ending strongly on the back of those elvish comments from the fed, bringing -- those dovish comments from the fed, bringing new life into the rally. kong injuring a bull market, shanghai gaining 12% in the last month alone, so we will see if this data can be sustaining this sentiment. we are also getting an unofficial take in pmi coming through later. those beats this morning coming through from those larger state owned enterprises, stemming that seven months of contraction. we will be looking at those stocks ahead of that hong kong shanghai open. rishaad: thanks. of gatheringigns gloom in japan today, bins business sentiment falling. let's discuss this with jodie snyder. disappointing to say the least. >> yes.

let's have a look at the asx 200 , a very slight pickup.l, but weakness across asia pacific markets. across asiaweakness pacific, with the exception of the japanese yen, which gives you a sense of the bigger picture and where risk appetite is. shanghai composite should be the only market in the green. off 1%, back off 3000. -- back over 3000. that gives you a sense of how as theat whole is economy continues to work out a lot of the excess capacity. we will get a further firming up of the data. relativelye renminbi flat compared to starting levels. of what is a sense happening across the broader markets. with the exception of shanghai and manila, it is a day for the bears. not just because of the equity markets, but the golden state warriors just tied the chicago bulls record, 72 wins. that game is wrapping up in san antonio. it is not a day for the bulls. rishaad: china bucking that trend. tata steel confirming that one of its divisions is under criminal investigations in the u.k. k, acting after an internal audit identified a lapse of proc

the rebound in oil prices is certainly helping of the asx 200, which is up by 1%.w zealand, up by 2/10 of 1%. that's the state of play in asia. ok. we will have a look at the currency markets. up, 77.73.dollars the korean won has also looks pretty good today. it has been a five-month high after the bank of korea became third and left interest rates on hold at 1.5%. it's up 1% at the moment. the new zealand dollar is also looking pretty strong; it is up by four tens of 1%, the dollar and 69.89. we are seeing good movements coming through. that's the state of play in asia. emily: the tech world has lost a giant. bill campbell has died at the age of 75 after a long battle with cancer. he was known as "the coach" in silicon valley. both for his previous career as a head coach and as a mentor to some of the greatest minds in technology, from steve jobs to jeff bezos, to google's larry page. in 1983, he became a close friend and confidant of jobs, later playing a role in his return to apple in 1997. you interviewed him many times over the years, what was he like? >> i th

in the next hour, we are heading to the latest energy company to list on the asx 200.uss the range of projects and the outlook for commodities. ♪ announcer: from our studios in new york city, this is "charlie rose." charlie: welcome to the program. tonight a conversation with president barack obama. the interview follows are set down at the white house last week area this took place in hanover, germany where the president attended and industrial fair with german chancellor angela merkel. this was the final leg of a trip that included stops in saudi arabia and the u.k. in london he had lunch with the queen, had dinner with a future king, and played golf with the prime minister and celebrated shakespeare.

we are expecting gains on the nikkei and asx., gains in oil and iron drivers.xpected to be bys has been supported cutting production of mining forecasts. mitsubishi dropped 15% on wednesday. they have been caught up in the emissions scandal. they will be closely watched at the open. that is some of what we are looking at in the asian pacific. i am paul allen from sydney, australia. ♪ ♪ emily: turning to china. believesounder jack ma the chinese economy will remain enviable for 20 years. the southd this in china morning post. alibaba's purchase of the newspaper was finalized. the cofounder said that the rapid growth of consumer culture could help china through temporary difficulties. how much of the slowdown we are seeing in china is temporary? how is it affecting funding environments? , hansith me to discuss tung. always great to have you. do you think the chinese economy will be enviable for two more decades, or will the slowdown have a pronounced impact? >> china is facing the reality of a new normal situation. they have gone f

asx aftercted on the iron ore pushed above $60 a ton. be interesting to see how sustainable that is. is strengthening yen expected to hold profit growth on earnings which began four years ago with shinzo abe's policies. the bank of japan governor is speaking in new york within the next hour. , we arein australia expecting unemployment data for march. it is expected to show an increase to 5.9%. though, it is notoriously volatile. i am paul allen for bloomberg tv in sydney, australia. ♪ ♪ emily: turning to encryption. and diannechard burr feinstein have released a draft of a bill that would require companies and individuals to comply with court orders to protect citizens from criminals and terrorists. feinstein said, we need strong encryption to protect data and we need to know when terrorists are plotting to kill americans. they are soliciting input from the public before introducing the bill. as the public and private sector grapple with the fallout from the debate and a death to a new normal of tighter encryption. ski, joined by luke do

and indeed -- we're also tracking losses on the asx 200. and in australia we've also had a major defense announcement as well. japan losing out to france in the race to win the billion u.s. contract to build australia's next fleet of 12 submarines. we saw shares in japan's major defense contractors. mitsubishi heavies and kawasaki heavy industries both down. >> and tisson group shares driving. the the project was awarded to the french firm. australia's prime minister called the decision a momentous national endeavor. >>> elsewhere bp shares catching a bit after first quarter underlying replacement cost profit. a huge beat on analyst expectations for a loss of $130 million. the company ceo dudley expects global oil supply and demand to balance by --. stan chart issued an update day. after some stuff. what can we expect? paul, good morning. great to have you on the show. what are you expecting here? >> you may all at the end of 2015 new ceo bill winters came in. a high powered j.p. morgan banker. with a task. it was really to restructure stan

and mitsubishi motors are the two worst performers on the .ikkei 225 asx 20 hit hard by the downturn. new zealand market also weaker to round out the trading week, down a third of 1%. trim back thell weekly gain we had seen on the regional index, currently down a third of 1% before china and hong kong come online. a few stocks we want to watch in up region today, iron ore 8.8%, the second-biggest gain ever. atlas iron is very strong on that. it wasalysts were saying doing quite well, so a little overbought. bhp billiton down by 2%. looking like a bit of a downbeat day across the region today. you a lot for that. mitsubishi motors losing 40% of its market value in two days, shares plunging for a third day because of the fuel economy cheating scandal. let's find out what's going on. mitsubishi shares are nosediving today after finally starting to trade. not tradedas yesterday because nobody wanted to buy, while everyone else wanted to sell. instead, the tokyo stock exchange had to set a closing price, a 20% drop from wednesday, when it already lost 15%. has now erased more than 40% of i

the nikkei 225 still looking good. 1%,asx 200 up for tens of and a good pickup and new zealand, whiche days trade in the red. andets in southeast asia the philippines turning negative. the philippines opening flat. metals in sydney leading the gains, iron ore continued its rally above $62 a metric ton. is overbought at the moment. qantas is oversold. the movers and japan, a rebound in a number of these companies that were affected by the earthquakes over the weekend. sony and kubota and asahi glass coming through at the moment. ok, let's get you back to our top story, donald trump reasserting his status as the front runner for the white house. with murphy is in new york the latest. it does seem like he is a shoe in now, but at least that's the thinking. what are you seeing? i'm not sure we would call him a shoe in, but tonight is a really big win and will shore up the momentum behind his campaign and put some talk of a contested convention to rest. getting theto delegates to secure the thatation outright, 1237, math is still pretty complicated, but the big win in new york, potentially

the asx looking flat. we may see a boost from mining stocks later today. front we're expecting indian c.p.i. outlay today and japan machine tool orders and sticking with japan, the g-7 foreign ministers meeting wraps up there. john kerry became the first sitting u.s. secretary of state visit the hire owe -- iroshima memorial there. ♪ emily: let's take a look now at the world of social media. boehner media founder, and early investor companies recently released his fourth book. #askgaryv. he makes the bold claims that c.e.o.'s are to blame for everything that goes wrong at their companies. i sat down with him and asked him to test his theory and started by asking, is it jack 's fault that twitter has seen its stock slide and user growth stagnate? take a listen. guest: no. because he's not been in place long enough. i don't think six months -- emily: whose fault is it? guest: dick is one of my favorite human beings i've ever met. if we're going to go on this thesis, he had a nice long run and the product didn't innovate enough. now, again, this is why i don'

david, your reaction asx[ acá lawyer if this is true, the prosecution is not going to bring charges? we saw the video, you know. that was the donald trump provided the surveillance video which clearly showed corey lewandowski gently grabbing michelle fields on the upper arm. >> it did not clearly show gently. let's not overstate the case. >> my thought it was. cleared a path for donald trump to exit the venue. then we compare that to the police reportd8 which michelle fields made to the jupiter police in florida, which said that he grabbed her arm, jerked her back. she almost fell down. she stopped herself from falling down and, megyn, when the prosecutor assesses whether he can make the case yard to a jury, he looks at both of those things that are -- you know, basically, megyn, at best it's an embellishment. at worst a total fabrication. she has no credibility at this point. can't make the case. >> not necessarily true. one of the things that could enter your mind as a prosecutor when you use your discretion on whether to actually pursue the charges is does he have a defense i can

that rally that we saw in commodity prices yesterday is 200ly helping out the asx in late trade as well. elsewhere, there has been a switch out of the shanghai market. it is down 0.3% -- 0.75%. we heard that there is pressure on the chinese economy and it is relatively large. we have seen a bit of a switch up on that hm market which outperformed the others yesterday. looking at the individual players, we have been talking about nomura in tokyo all morning under reports that it could shut down its european equity operation. australia,lumina in that number is better than estimates even though we saw other showers dropping and. after-hours trade -- in after-hours trade. htc is dropping ahead of the yuan. we also had some at -- economic data out of australia. conditions rising in march to an eight-year high. the highest level since the start of the financial crisis business confidence. that is supporting the aussie dollar. also mentioning that the korean won is higher today as well. up 0.25% there against the dollar. manus: great rundown on the latest on the markets. let's talk about brazil

sending the nikkei up by almost 3% on the close be also seeing some good gains coming through on the asx a look at this rally on the shanghai composite. up 2.2%. some great gains coming through on export data. the expectations, overseas shipments up 11% from a year earlier. that is compared to a 25% slump in february. adding to those hopes that the gdp numbers we will get coming out of china on friday are going to be better than expected. players really led the gains in the region today. china doing petro very well. the basic materials rallying as well. we had some good numbers coming through from fort eskew metals ue metals group. that is a six session of gains and the best levels we have seen since early january. the longest run of wins on the regional index that we have seen since october of last year. we are also talking about not only the yen, but the resurgence we have seen and emerging-market currencies, led by the malaysian ringgit. it is up about .5% against the dollar at the moment. leading the gains that we have seen across emerging-market currencies. having a look at the japa

the australian share market, to's go inside the asx 200 see the damage we are likely to see in termsand gas players. the sector is down by 2.6%. some stocks we have been following, all lower, none higher. all of these players coming under significant pressure. in terms of what we're seeing on the japanese yen, the strength playing into market sentiment as well. index offat regional from those four-month highs. ,he yen has come back a little 108.04. a big selloff of commodity-based currencies as well. lower bye dollar almost 1%, and the new zealand dollar as a, even though we had a beat on cpi in the first quarter, down by 4/10 of 1%. it is looking like a tough start to the trading week for regional equities. angie: thank you. internationalsed ratings of bias after the lowering of their outlook. have the full story here. i thought the downgrades happen last month. is a bit of a delayed reaction, but perhaps you can't claim them waiting for a form like the g-20 to express their grievances. it is also interesting because when the second downgrade came through, the reaction from china wa