in asia, xerox is owned by fujifilm. this joint—ventu re asia, xerox is owned by fujifilm.makes asia, xerox is owned by fujifilm. this joint—ventu re makes about asia, xerox is owned by fujifilm. this joint—venture makes about $10 billion in annual sales. investors in america, most notably with —— most notably this man. as advised to be terminated altogether. analysts are questioning the deal. xerox is to bea are questioning the deal. xerox is to be a very iconic name in the business world. times have changed. the invention of email as well as portable printers have dealt it a ha rd portable printers have dealt it a hard bloke. this is a trend we are seeing globally. people are questioning the merits of this merger. i still need my papers, don't phase out the photocopiers. thank you so much for the update. leisha santorelli. thank you so much for the update. leisha sa ntorelli. the thank you so much for the update. leisha santorelli. the asian stock markets are all in positive territory. wall street stocks finished modestly higher. 0ffbeat economic —— up peak —— upbeat econ

fujifilm shares have taken off in tokyo after news of its xerox takeover. deal creates an $18 billion company with xerox shareholders to get a cash dividend of $9.80 a share. it marks the end of independence for a company whose roots go back to the start of the 20th century. its copiers became so ubiquitous that xerox became a verb, but asian rivals eventually eroded its market position. rishaad: japan's banks are on the move up in tokyo after posting high profits despite falling lending incomes. they are taking advantage of the countries stock rally. to $2.1 from 23% billion, achieved its four-year profit gold with a quarter to spare. another posting a 9% profit jump to $1.5 billion. haidi: india's second-largest private bank missed profit forecasts. it's revisions for bad loans rose and treasury income fell. at $259me dropped million, coming in well below the expected $307 million. the ceo wants to boost the balance sheet by raising provisions and recovering dues from delinquent borrowers. change to little before the results announcement. rishaad: coming

shares of fujifilm have taken off.look at what we are doing after news of this xerox takeover. $18 billion company with shareholders getting a cash a share.of $9.80 it marked the end of independence for a company whose roots go back to the start of the 20th century. copiers became so ubiquitous of course that xerox became a verb. asian rivals eventually eroded it. juliette: a surprise third-quarter loss of $289 million. analysts had been expecting profit of $125 billion despite revenue of almost $30 million, beating the average forecast. high memory costs. 71% of lenovo sales. its own business also remains weak. david: that is it for our "bloomberg markets: asia." don't miss our special coverage of the indian budget including the full speech at 1:00 p.m. hong kong time. this is bloomberg. ♪ alisa: i'm alisa parenti in washington, and you are watching "bloomberg technology." here is a check of your "first word news." a charter train carrying dozens of lawmakers to a republican policy retreat in west virginia struck a ga

fujifilm, that deal with xerox, jumping the most since 2013.ng fujifilm on a review for downgrade after the deal. by 2.4% in hong kong after it posted a surprise loss in the fourth quarter, taking a $400 million are due to u.s. tax reforms. celltrion is one of the hottest stocks at the moment, but it has been hit by a short seller and the u.s. fda sending a warning letter about one of its products. anna: thank you. juliette saly with the latest on the markets in hong kong. back to our top story. in his last policy meeting under chair yellen, the fed kept interest rates on hold. the u.s. central bank said gains in employment, spending, and business investment have been solid. it also upgraded the outlook for inflation. manus: the market sees a march move a near certainty. fed funds futures indicating a 99% chance of a hike following the latest decision. some heavy hitters weighed in. >> we are dealing with a fiscally unstable long-term outlook in which inflation will take hold. the breakout is going to be on the inflation upside. the only questi

at b,115 will be no more is being taken over by fujifilm.s a company that totally transformed the world. as copiers, obliterating the need for carbon copy paper. it even became a verb. some are lamenting the demise and it cannot keep up with the digital age. i will prefer to embrace organizations that engage in radical transformation. even when radical transformation ends up making them extinct. it is part of the beauty of the american system and ingenuity. >> jason? >> this is a miss for the rapper jay-z. complaining about the presidents crude language. he has become very well known rapping about things that would make stormy daniels blushed. he has been criticized but you don't get criticism from the likes of jay z. >> james. >> actor clint eastwood. reportedly according to a website is considering in his late 80s, he returned to acting on the big screen. he was no better than anyone but the man has never limitations. i think that i can speak for a lot of people when i say, make our day, clint! >> may he live forever. >> i'm giving a monum

fujifilm is the best performer across the region. , one ofote on fujitsu the worst performance in asiahe third quarter mess. we cap down -- countdown to the top of the hour on bloomberg. ♪ emily: this is "bloomberg technology." i'm emily chang. shares of facebook falling in after-hours trading after reporting fourth-quarter results. what investors are focusing on is user engagement after broader questions arise over its societal impact. facebook reporting its slowest you their growth -- user growth. facebook reporting a decline in north american users for the first time ever. here is what ceo mark zuckerberg had to say on the call about these changes. mark zuckerberg one of the most : important things we can do is make sure our services aren't just fun to use, but also good for people's well-being and for society overall. so far this year, we have already announced a couple of important updates. the first is prioritizing meaningful social interactions over passive consumption of content. emily: debbie williamson is an analyst who covers facebook at emarketer. she joins us now from seat