more than half the seats were won in bihar.hey won several major states in what supporters called an modi wave with the exception here in new delhi itself in elections almost a year ago. they were hoping that would give the credit ability to push through economic reforms which have been lagging in the past several months. however, a grand alliance of opposition parties, so-called secular parties, including some bitter rivals, got together to oppose the bjp queueing it of playing politics with religion and saying that their economic reforms weren't doing anything for the country >>> for bihar itself as a state, how important was it for this election? >> reporter: well, it did show what the dividing lines were. there were speculations, even up until today, some polls showing the bhj having majority and others alliance showing majority. showing that was this election was going to be based on religion lines or caste. it has always been an issue in bihar itself. the fact that the alliance won, shows that caste still plays a bigger r

counting is underway in the bihar state election. the major political event in india this year, the vote was held over five phases in october and november. it is one of india's poorest and most pop allows states. using the selection means the prime minister and president will have to push through key reforms nationally. we talk to the author of a book on the indian prime minister. the man, the times it is called. he is not having a good time. what went wrong? >> reporter: can you hear me? >> reporter: yes. i can hear you now. i'm wondering what you think went wrong for the party? >>> well, it is very important defeat for prime minister modi because the second major elector aldefeat in 2015. in february his party was disrupted. losing a state election is a hard blow. it is one of the largest states in north india which kind of establishes the trend in the rest of the states which are considered to be the major part of indian parliament. that is why it is very important >>> what sort of impact will it have now on those who live there a

--bihar. -- bihar.ment as a ruling has undoubtedly putting more pressure on the government to focus on governance and development in the next 3.5 years of his turn. investors would have been becausewith the victory they have to improve their strength in the parliament where it has a weak position than that is creating a major roadblock as far as getting some crucial political and economic reform pushed ahead. reallyisive which couldb -- the heart as investors are looking at the continuityi of the reform process under the modihar government with increasing skepticism and it is highly likely that the opposition will make it more difficult to modi going for just as we start the new session, back to you. indeed. thank you, that is it for trending business . we will recap the stories of the day so far, next. ♪ rishaad: this is the scene across victoria harbour in hong kong. that is the international commerce center. you are watching asia edge. a look at our top stories. the index at its highest in a decade.

over 200 stranded trucks subsequently poured into the town of raxaul in the indian state of bihar. >> translator: we were stranded in nepal for ages. now that i am back in india, i am very happy. i will meet my family. i was delighted when i heard the border was reopened today. >> but the police action has failed to clear trucks entering nepal from india. they fiercely opposed a new constitution proclaimed in september. they say it divides traditional madeshi land in some provinces. the blockade has sent prices of gasoline, tomatoes and onions soaring in the nepalese capital kathmandu. most of those items come from india. many nepalese suspect india is behind the blockade. madeshis are ethnically and culturally close to india. india denies those claims. the dispute has soured ties. on thursday, china said it would supply nepal with emergency fuel aid. china and india are rival nations divided by the himalayans. the madeshi blockade is affecting ties between the two countries. nepal abolished its longstanding monarchy and became a republic in 2008 after civil war. a new constitution wa

indian prime minister modi has faced his biggest setback, losing an election in the state of be hard -- biharwill embolden his critics who have held back a series of changes including a national sales tax. they expect stocks to fall when trading begins. of aung san suu kyi say they are in a good position. they won an election in 1990. myanmar's current president says they will accept the outcome this time. thank you for coming around, joining us today, right. what is the key thing you are asked these days. when it comes to employment in the u.s., what is going on? the december hike is back on the table. what does that mean for markets? the viewlways held that it is a good thing because it is the federal reserve. in china, we are expecting mediocre data. the global growth cycle is till soft. trade is still in contraction. none of these are huge surprises. marketsgoing to drive will be gradual. however chinese economy can recover from 2015. rishaad: what does that mean for people wanting to invest in jpmorgan? are they looking for more underlying currencies? >> currency protection is important.

cleveland boy shot and killed by police prepared to mark one year since his death >>> a terror alert is bihar liesing brussels. a serious imminent attack raising the alert to maximum. police and soldiers are patrolling the streets of belgium's capital. people have been told to stay home. >> reporter: belgian soldiers now patrol where once were the police. the people woke for a security level not seen for a decade. the pt in contact with his chief through the early hours called a special session of his cabinet on saturday morning to brief his ministers. the p.m. did not reveal the exact nature of the danger, but urged the public to avoid crowded places. >> translation: the analysis of the situation leads us to identify particular locations. we believe shopping malls, events, demonstrations and transport are the main targets. the whole of the brussels region has gone over to enhanced threat level four. >> reporter: all four of brussels main underground metro lines have been shut in response to the raised threat level. people are to switch to over ground alternatives. it is a city on inch. peopl