hong kong ended up being a great choice. they did not get him in hong kong.e tried to get into the latin american and he was forced the u.s. government to stay in russia, but that also turn out to be fortuitous because he is further outside the grasp of the u.s. a year later than he has ever been. >> explain what happened there. a lot of people forget why he ended up in russia, that he traveled to russia because he wanted to sell the russian secrets or that he sold the chinese secrets. explain how he ends up being stuck in russia. >> first of all, it is such a potent sign of how disingenuous our political discourse can be. when he was in hong kong for those first 2.5 weeks, all sorts of people were asserting, without evidence, that he must be a chinese spy. this is clearly a chinese espionage operation. and the minute he moved from hong kong to moscow, those same people switched seamlessly from he is a chinese spy to a russian spy or ignore the fact they were claiming something quite different just a moment ago. any whistleblower in the u.s. who is affected w

hong kong dollar stocks also suffered. east of the hsbc china pmi. luigi with a one point three per cent died. the shares were weak spot in hong kong as well that was also dragged by heavyweights such as someone and at what he tells us that from a porter but now that the cia's top division of the twenty two thousand mark on to say that investors might remain with me as to what to do more to come in and out of china. testimony from the fed chairwoman jenny yemen and also uncertainty in the ukraine and the characters that joins us live from hong kong with all of the decals. looks like we had a weak spot to tweaking hunk on the body was found the south was very broad lately it's been a gloomy day here in huntsville sentiment that the hurt but that weak manufacturing survey called flash pm like that you mentioned earlier and we cannot serve a new export orders were weak that has added here in hong kong to worries that the world's second largest economy may be losing momentum. that tuesday is a market holiday here in hong kong so bonnie was a bit busy tod

off to japan, hong kong.e has been unable to fulfill a promise to build the country's infrastructure. at this graph. investors are deterred. the lack of infrastructure hindering interest. the economy slowed to the slowest pace since 2009. first-quarter numbers do later today in the market forecasting a slowdown. structure inhe 2010 to provide long-term funding for construction. shareholders include the government itself, world bank and there are some terms here. financing limited to maximum 35% of each project. maximum loans of seven years. >> big plans for new airports and train lines, as you have been alluding to. election promises. what's the likelihood of this actually becoming a reality? >> to be fair, there is political will. they want to expand 10 small airports and expand along the island of sumatra. warners are now allowed to own as much of 49% of air warts. 100% of power plants built under public-private partnerships also. exists but they have not been successful so far. term endsent's second this y

an art boom shiking up hong kong. -- shaking up hong kong. >>> it's good to have you with us. these are the top stories on al jazeera. china evacuated 3,000 people from vietnam, following days of riots, in which two people have been killed. china's decision to drill for oil in disputed waters caused widespread anger in vietnam. >>> sri lanka is marking five years since the end of the civil war. the government has been holding a victory parade. commemorations have been broken up. sh >>> israel's civil administration recently announced the confiscation of palestine land in the occupied west bank, raising concerns among palestinian landowners taking their case to court, accusing jewish settlers of taking their land with fake documents. >> reporter: this outpost was home to 50 israeli families before it was evacuated. many participationed the -- partitioned the court saying they bout the land by this man adds father. a claim he denies. >> translation: they said the land was sold to a palestine middle man, that my father sold them the land. it is not true. they say they have my fat

i remember in particular in hong kong when we rebuild edward snowden's identity and his assistants on june 10 of last year. from june 10 until june 23 the instant consensus of the american national security league -- leak in washington in large numbers of the american media was that there was no question but that this is almost certainly a chinese espionage operation that at worth snowden has almost certainly a spy of the government in beijing. then on june 24 when he left hong kong and flew to moscow on his way to ecuador and got trapped in moscow by the u.s. government who revoked his passport the very same people who'd accused him of being a chinese spy instantly transformed their smear smear campaign into oh he's obviously

around hong kong there are signs that the attitudes might be changing. after years of delays the government is moving ahead with a museum for modern art. despite inflated property prices old buildings are being converted and boutique galleries are flourishing. >> it's like a puzzle. everything is moving together. >> it made morgan decide to move back here, setting up home in one of the last unspoilt corns of hong kong, a place to be creative. this is the result. his biggest work. he admits it has some puzzled. >> they see nothing. photographer hate it, the work, because it's seemingly nothing. >> that's because they are not looking close enough. a work of performance, the white wall is, in fact, indented with the shapes of 50,000 tiny flags, painstakingly peeled off to leave their mark. in so doing, a new talent making an impression. >>> now there has been scenes of wild celebration after atletico mooed rid won the -- madrid won the spanish league for the first time in many years. >> it's the first time in a decade a team other than real madrid or bassa

recently published book "no place to hide" greenwald describes that moment he first met snowden in hong kong. >> what did you make of him? >> the initial impression was one of extreme confusion. because i was expecting to meet somebody in his 60s or 70s, very senior. i knew almost nothing about him prior to our arrival in hong kong. >> it was a really intimidating moment. you know, it was the most real point of no return because the minute you start talking to a journalist as an intelligence officer, on camera, there's really no going back from that. that's where it all comes together.

. >> narrator: hong kong, may 2013. nsa contractor edward snowden was holed up deep inside the crowded kowloon district. he chose hong kong, he would say later, because he trusted the chinese would not betray him to u.s. authorities. before leaving his home in hawaii, he had downloaded a huge store of top secret files from the nsa's internal networks, and he had sent many of them through encrypted channels to a few journalists he trusted. two of them, glenn greenwald of the guardian and documentary filmmaker laura poitras, came to the mira hotel to meet him. greenwald and poitras wanted to be sure snowden's story was rock solid. and they needed to work fast. >> we knew that this was incredibly consequential and that it was super important that we get it right. um... but also, there was always this kind of uncertainty, one might even say danger, hovering over the room. because we didn't know what the nsa knew about what he was doing. we didn't know what the chinese and hong kong governments knew about him being there. so

may head of standard chartered hong kong. >> we are live in hong kong. trading day. this is "asia edge." relook at our top stories, china and vietnam square off. the treasurer and his first budget. and the mood over money, bloomberg's global poll. >> coming up this hour, the world's biggest election reaches the final act. more than a hundred million voters, we will get the latest news live from mumbai. seizing the gridlock on the the dockans jams on sites and potentially wider affection. more and more americans are saying goodbye. a look at the markets today the chinese story really interesting. market reforms could help boost stocks. china. australiahe most seeing declines. 3.5%. minh city down

saying that louis vuitton has six freestanding stores in hong kong.king about 700 -- $600 million altogether to be generated in the city? >> the combined market -- i would not be surprised by those numbers. >> no wonder they want to come here. >> as a brand, it is a great place to be. >> we are getting breaking news on unemployment in germany. jonathan has joined me. rises byent actually 24,000. the market was looking for a drop of 15,000. this is a little bit of a surprise, given some of the confidence indicators. the unemployment rate stays the same. unemployment rises by 24,000. the market was looking for 15,000. growth slowing just a little bit rate you have the ukraine issue. >> you have to think about the context. to .7%. this is the lowest number since before the crisis anyways. that is a low unemployment rate. listening the past couple of days, s and d provides 80% of the employment across the eurozone. we talked about how financially constrained some of the sme's were. in spain, 25%. the read across is higher unemployment numbers as well. ,he

rob mcbride reports. >> reporter: it's not what hong kong's office blocks are used to. installation artist turns a floor into a bunker themed vodka bar. >> we cooked up this idea, which was to set up a bupinger space -- bunker space in the city. >> reporter: he is one of a growing number of artists given a stage in the week of art. >> there has been artists in hong kong doing contemporary art sups the '50s -- sips the '50s or '60s. people weren't aware of it. >> they are starting to get aware of it, once they came to art. often baffling to some, it is baffling to many. around hong kong there are signs that the attitude was changing. >> after years of delay the government is moving ahead. despite inflated property prices old being are converted into creative spaces. everything is moving together. it made morgan decide to move back here. setting up moment in an unspoiled corner. a place to be creative. this is the result - his biggest work. he admits it has some puzzled. >> they see nothing. the photographer hates it, hates the work because it's seemingly nothing. >> that

government knew anything or what they knew or whether hong kong an anything that was happening. everything that we did needed constantly to be shrouded in extreme levels of secrecy and snowden as a highly trained operative was very well versed in how that needed to be done. context. >> you were surprised what he looked like? >>ists shocked by what he looked like. i had spent several weeks talking to him. i knew that he had access to enormous amounts of top secret material, that he had sophisticated insights and most of all knew he was prepared to spend the rest of his life in prison. so, i assumed that he was in his 60s or 70s. >> did that give you pause, that you might be writing articles that would in essence send him to prison? >> it made me need to know that he was making the choice with a full understanding of what the likely consequences would be and that the decision-making process was one grounded in rationality autonomy. i got that assurance pretty quickly. you did? >> yes. >> how did you do that? >> i sat him down and questioned him very aggressively for sec quan sec y

shanghai and also hong kong. guess what?has the opening prices. >> it is basically in line with what we are seeing across the region, john, give or take about one third of 1%. just a tad higher by about 1/10 of 1%. do have some weak spots. south korea and malaysia. i want to show you one stock we are following very closely today. the whitey, are surely owned -- by warrenlly owned buffett. there we go. we are down 6.5%. the reason is it is planning to sell close to $4.3 billion worth of new shares. the kicker is that the price at which it is offering those shares is at a 15% discount to the last closing price. it is not surprising. you are seeing a bit of catch-up. hutch, why are we watching the stock? sources say that the company won approval already to take over o2 unit in ireland. it could be announced as early as wednesday. that is when the european commission meets. cnet, one point two percent up. a large offshore oil -- cnooc, 1.2% up. a large offshore your oil driller. chinese factories, even taiwanese factories -- chi

rob mcbride is in hong kong with more on the modern art fever. >> reporter: it's not what hong kong's office blocks are used to. installation artists turns a floor into a bunker-themed vodka bar. >> we cooked up an idea which was to set up a bunker space in the city. >> he is one of a growing number of up and coming local artists giving a stage in this week of art. >> there have been artists in hong kong doing contemporary arts since the '60s or '50s. people were not aware of it. >> they are starting to get aware now. once they have got to grips with the modern definitions of art. often baffling to some, it is baffling to many. around hong kong there are signs that the attitudes may be changing. after years of delays the government is moving ahead with a museum for modern art. despite inflated property prices, old buildings are being convotered into creative spaces and boutique galleries are flourishing. everything slowly moves together. >> it made morgan decide to move back, setting up home in a last unspoilt corner of hong kong, a place to be creative. this is the result. his bigges

host: there has been criticism about picking hong kong to meet with you. where would snowden have landed had we not taken his passport when he was in the moscow airport? guest: on the question of hong kong, when he decided he was going to take these documents and, his overarching priority was to make sure it happened. that he got his documents into the hands of the journalists he had chosen to work with. he needed to be in a place where he felt secure that it united states government had detected what he was doing, they would be unable to operate easily guessed him to stop him from doing this. if you got to iceland, the u.s. government could have pressured the icelandic government to turn him over. if you got to ecuador, the cia operates very freely and that would or and they could have stopped him. hong kong was a place that gave him some degree of security because the u.s. government does have a hard time operating there , but he wanted to be in a place that had political values that he felt come bowl with. hong kong has this climate of dissidents -- the

the chinese carmaker byd is plunging in hong kong today. shares were halted last week after it said it would sell more than half $1 billion worth of new stock to help fund investment. byd partially owned by warren buffett. allcan get more on that and the days top stories, plus watch us live wherever you are. all you have to do is head to the bloomberg app and download it to your mobile device. >> china's decision to relax rules on consoles gives sony and microsoft a new battleground for their global fight that has been described as a game changer. changer because china is an enormous market. >> you can't ignore china. a month after microsoft expressed interest in setting up their products in china, sony also following suit. not really a surprise. all this follows after the beijing government essentially allowed for game consoles to be distributed within the chinese economy. 2000 and banned and that was lifted this past january. console makers are eager to get into this market. they could focus on growing sales and to broaden their market sh

with a new book "no place to hide" which details his first encounter with snowden on his trip to hong kong. >> everything we did needed constantly to be shrouded in extreme levels of secrecy. he joined me to talk about his work and answered questions from our viewers. >> let me start with the book and go back to the first time you met edward snowden in hong kong. the book reads like a spy novel at that moment. >> it was like living in a spy film essentially because we knew a couple of things, that this was certainly the biggest leak in national security history, that if the u.s. government found out what it was that he was doing that they would take very extreme mezto put a stop to it one way or the other but we didn't know much else. we didn't know whether the u.s. government knew anything or what they knew or whether hong kong and chinese authorities knew d anything that was happening. everything that we did needed constantly to be shrouded in extreme levels of secrecy and snowden as a highly trained operative was very well versed in how that needed to be done. everything we did was in t

by their actions this afternoon, the hong kong authorities seem to be making a statement on which side of the argument they are taking. >> coupled with the seizure of ivory and prosecution of offenders, it send as powerful message that hong kong s.a.r. does not accept and will not tolerate this illegal trade. all the devastating impact it's having on the african elephants and on the livelihoods of rural communities. >> given the stockpile of ivory in hong kong up to 30 tons, it will take two years to destroy it all. authorities are sending out a strong message. the conservationist points to the polite of the african elephant with up to 100 approached daily. they say there has to be more action like this if there's going to be a real difference. >> we will talk more about this law with a criminal justice consultant on environmental crime from bangkok. thank you for talking to us here. help me out with this. i can remember so long ago, when these pyres of approached ivory went up in flames, but it hasn't worked. >> well, it's 25 years today this year since the international ban on ivory

a roadshow in singapore is off to japan and hong kong.ike of infrastructure is a major setback. investors are pretty much turned. take a look. down from 25% in the quarter before. it was the slowest pace since 2009. we will find out later how they economistsn q1, expecting a slow down. the government recognizes that. the company will provide long-term funding for construction. shareholders include the government itself. a world bank international cause. it provides financing. it is limited to a maximum of a third of each project. lowering as much as seven years. >> the plans for new airports in indonesia. are these expected to kick off? tilde small airports roads across the island? there appears to be political will. numeral's were announced in december. foreigners -- new rules were announced in december. 100% in power plants are built under public/private partnerships. they have not been successful so far. another potential challenge is the change in government. governor lead an opinion poll to take over that position. he has yet to deta

we are live in hong kong. this is "on the move." clashing over territory, resources and national pride. the annulment china square off at sea. modi says he is on a divine mission as he begins to form india's new government. how to lose supporters and alienate people. tony abbott taking a hit after last week's budget cuts. let's have a look at this deepening maritime row between china and vietnam. beijing evacuated thousands of citizens following violent protests. foreign businesses were sacked and to chinese people died. companies from taiwan and korea were also affected. there have also been clashes at sea. happened.out what signs this could be resolved peacefully? about 12 hours by boat just to get out to the area of the oil rig. once you are there, the horizon is dotted with ships left and right. i was out there for three days and here is some of what happened at sea. shipsnese and vietnamese have been locked in a tense cat and mouse chase about 140 miles off of the bombs coast -- off of vietnam's coast. both countries claim terr

>> kerlin the market for about 400,000 hong kong per month -- about 400,000 hong kong per month.as transformed in the last 2-3 years. it goes from more mass-market oriented store such as levi's a nd mcdonald's, etc. >> now the street is dotted with luxury high-end stores. aying skyhigh rent is no problem for the luxury retailers here. >> sales are very strong. >> louis vuitton? about $700 talking million just here in the city. >> combined market, i wouldn't be surprised if that was the pricing of the numbers. as a brand, it is a great place. on the program, new recommendations for losing weight has come out from the national health group. we'll have that story and more. ♪ >> welcome back. i am anna edwards. >> i am manus cranny. without a newspaper in my hand. because hansved nichols is standing by in germany. we could've done the same as they. -- seamlessly. >> i hope i'm standing by. i have got a story today this is the door to bond promises to promiseseutsche bond to have -- it means you have internet access. will havews is we wi-fi in every airplane and then you can no longer

the first time i met him in that hotel in hong kong he was 29 years old.he grew up probably five years younger. i was overwhelmed with dissonance and confusion and it took me on him of the entire day to recover. the reason for that and the thought that i had in my brain was it was completely befuddling it was really confounding that somebody who was that age and who was clearly very intelligent and well adjusted, something i was able to see over the course of my interaction with him even before i got there and clearly had a stable and lucrative career and as i learned later was somebody who had a longtime girlfriend who loves him and who he loves in the family who was very supportive. why would somebody like that give up their entire life literally subject themselves to almost certain consignment for the rest of your life in a cage not in order to enrich himself. sometimes you understand why someone may steal or kill to gain huge of money or not to exact vengeance but simply in defense of a principle. a political principle that didn't really affect him at

much too which was to accommodate the students get ready to go in beijing and hong kong the bbc's media they just weren't into adults. he's a person to get this itch to some of the exhibits from the crackdown twenty five years to get in the form of british colony of hong kong returned to chinese rule in nineteen ninety seven but remains a freewheeling kept it up is a new council did the chores aren't in the polls said to the pot from mainland china but all commemorations of times. last night and the china unveiled its bloated sense of economic and social reforms in nearly three decades relaxing its one child policy. but the freeing up markets in order to put the world's second largest economy on a more stable footing the brazil hosting this year's football world cup local soccer fans to bounce me has turned his home into mini trophy factory for the beautiful game making the cuts are necessary to replicate football's ultimate prize. this home has become something of a shrine to crystal's two biggest passions of fall and the catholic church the forty six year old brazilian sports and has

i was and jason kelly from hong kong and in general and for me to leave canada. oh well in the east. additionally taking this series even when the bomb. koreans always creep through the scene respect your parents and elders. anywhoo sydney the siemens to strangers incidents to his appeal to travelers. hospitality ringtone for nine straight years. when did they get lost just please please. tried to order something delicious and take years for family they had no difficulty with korean style. it isn't open yet. we need to welcome you i find that what extremely helpful. i think the people of any kind. but i did draw so i can speak to me like i was looking on the map. and maybe somebody came to me and say to you. it was very very very nice. not very tech copy right thing. it's the age disease and keep the baby now that i really hadn't changed. and blame oh it'll be a free custom. a contingent mean people will be but welcoming. beat eggs and each time we have. her yet. be it . she competes with new meaning with the program is brought you by critically. we'd from norway

around hong kong there are signs those attitudes might be changing. after years of delays the government is moving ahead with a museum for modern art. despite inflated property prices, old buildings are converted into creative spaces and boutique galleries are flourishing. >> it's like everything slowly moves together. >> reporter: it has made morgan wong decide to move back here, setting up home in one of the last unspoiled corners of hong kong, a place to be creative. this is the result. his biggest work. he admits it has some people puzzled. >> they see nothing. they see nothing. the photographer hates the work because it's just seemingly nothing. >> reporter: that's because they're not looking close enough. a work of so-called duration of performance, the white wall is, in fact, indented with the shapes of 50,000 tiny flags painstakingly peeled off to leave their mash. in so doing he's making his impression on the developing art scene. >>> stay with us on al jazeera. sports is coming up next. nadal and jovovich serve up a thriller. details off the

. >> the biggest corruption trial in hong kong's history is underway. brothers are accused of bribing a senior government official and seen as a test case on how the business tycoons deal with the government officials. >> arriving to the start of the case going to the core of the hong kong establishment. on trial the former number two in the government, who was alleged offered millions of dollars in cash and benefits from a property developer and his brother over nine years, charges they all deny. as one of hong kong's most powerful families, they control the city's second largest property conglomerate. over 80 witnesses will be called in a trial that will last over two months. also in trial is the connection between big business and the government and there is a perception that there is privileged relationship with the top officials. >> a lot of tycoons are under the scrutiny since this case, so they might have to rethink former relationship with the government bodies or the individuals or individuals might trigger some doubt or questions about their r

soon filed espionage charges against snowden and tried to have him extradited from hong kong. the pace of the leaks slowed but they didn't stop. thanks to the or ongoing collaboration between snowden and greenwald. a report published by the new york times the guardian and der spiegel said that the u.s. spied on the united nations, germfully and other allies. more details about how the nsa cooperates with allies and corporations. greenwald's reporting earned a pulitzer price for public service this year. the prize was given to the new york times and the guardian for publishing those leads john. >> no place to hide at times it reads like a spy novel. when i talked to greenwald today he told me sony pictures had just bought the movie rights to his book. and i asked him what it was like to be in the middle of the biggest story of his life. >> it was like living in a spy film. we knew a couple of things that this was certainly the biggest leak in national security history. that if the u.s. government found out what it was that he was doing, that they would take very extreme measure

she has the numbers from hong kong. >> the morning, guys. it is labor day in hong kong.osed. as well as chinese markets. chinese economists were busy waiting for the numbers. coming in at 54. that is below the estimate of economists's. they were expecting 50.5. the chart -- that are compared to the previous two months. are ing above 50 says we expansion mode as opposed to contraction mode. pmi.reak down for the no surprise here. larger and more said -- more medium-sized companies doing better than smaller ones. worth noting that the number -- it shows that there is a lot of new orders. a defining export orders. how do you interpret that? china's latest round of moderate growth measures is beginning to show some pickup. at least on the domestic side. we were speaking with the chief economist. he is pessimistic. he expects to see slower growth. the government will have to loosen on the fiscal and monetary side. overall, i have been's week into a couple of guys who have been working. the data shows the economy is stabilizing, at least in the near-term. is goingof the econom

staying overseas, hong kong is now home to the most expensive real estate in the world.ently took a tour of russell street in hong kong's busiest and most expensive shopping area, to see what a few million dollars will buy you in real estate, and i have to tell you, it is not much. stores,g is a maze of shops piled on top of shops, piled on top of shops. to help me pore through all of this is this guy. good to see you. >> hi, betty. shelley go shopping? please. it is my favorite sport. rolex, they are all here, and the landlords collect some of the highest rent in the world. we are in front of a store that just sold for 23 million u.s. dollars. is that a record? >> i think it is the most expensive store per square foot in the world today. >> how much would this get for rent? >> it is on the market for about a month. >> and they have to make $10,000 a month -- and a. -- aj. -- a day? >> yes. russell street has transformed. >> the street is dotted with high-fashion stores and jewelry shops. russell street top new york's fifth avenue is the most expensive in the world, but

laughter). >> we have to remember sometimes, we don't compare, of course, they have the money in hong kong and do more but we've done an extent job and hopefully, we'll make it sustain itself. >> i also want to drill down one more we'll be having shore power at the term and we really were at the forefront is providing the power for cruise ships it's more and more bam a start so kudos for putting this together it deltas our desire to be at the forefront of environmental issues and be good stewards for our waterfront. >> all in favor, say i. >> i. >> resolution 1438 carries. >> we should clap (clapping.) item 12 a presentation on the ports strategy to remove deteriorated and non-treated wharves along the southern waterfront. >> good afternoon, commissioners david with planning and development. this report is no response to commissioner brandon's where where about the statistic to remove the derattled structures in the southern waterfronts. since 2000 the port has removed a number of piles and structures prifrm as it relates to the special plan requirement but also to accommodate life safety

football and one come together in hong kong on wednesday.ited manager sir alex ferguson is selling fine wine from his personal collection. it is the first of a series of auctions that may raise $5 million. bottles will include memorabilia from his legendary chimeric -- career. sony's stock tumbled last week following a surprise forecast of yet another annual loss for a sixth year out of seven. the briefing will be held by the president who is under increasing pressure to turn the company around. the to football, the end of week, saturday sees a nine time european champion real madrid tackle city rival athletic oho in the final -- athletico in the final. it is happening in lisbon, and it is the first time that the teams -- that teams from the same city have appeared in the final. coming up next, it is the first trading day of the week. you'll find out what our reporters are watching as the markets get underway. it is our popular stock exchange segment, and we hope you will join us in two minutes. ♪ you mayis a tech story find unusual. north k

coming to you live from hong kong.e are tracking japan because within the hour they will reap port their march account numbers. it is likely to show a second straight surplus. us get the latest with a man who knows japan well. he is chief economist at inc. of singapore. welcome to the program. yet analyzed to japan as well as other countries for years. thisis the expectation for current account figure? what does it tell us about the rate in japan? in japan?ory >> it is been quite disappointing. people were expecting the trade deficit to shrink. strength of imports has been quite surprising over the past three or six months. conversely, the exports have not really responded as much as we expected to the currency weakness. it has been quite disappointingly flat. we have not seen a response from the government. do you think this adds to the impetus for the boj to take further action? >> yes. unlike 70 cntries around the region, i'm a focus on the current account itself. i am focus on the growth impact that has been coming

>> in hong kong, snowden was sitting with three people under contract with the guardian. they were sitting there on the bed watching the reaction on cnn. >> they are not looking at people's names and they're not looking at content. >> obama was saying the nsa isn't listening to the telephone calls or reading the emails of americans, which is absolutely wrong. there were documents that we had that proved president obama's claims in that regard were false. and we just could tell, as well, that he at that moment didn't have any idea of the true magnitude of what was coming, given how dismissive and casual his tone was. >> thank you very much, guys. >> narrator: snowden now decided to make a bold move. he would reveal his identity,

a high of 32 in hong kong, with a chance for some rain. we will see a mix of sun and clouds for tokyo with highs in the mid to upper 20s. let's take a look at the americas. we do have a low pressure system located in the central plains. the southern portion of this system bringing the possibility of some severe weather. mainly due to large hail. but we also have the possibility of strong winds, and also tornado, and so we'll be looking out for this system as it moves toward the east, and so unstable weather for the eastern half of the united states, and also parts of canada will be seeing some possibility of some rain. meanwhile we're keeping an eye out, amanda located in the eastern pacific. this system really intensified quickly but now it's running into some very hostile environments. because of this expect it to really weaken quickly as it 3406s toward the north. a tropical storm by thursday, and then really weakening into a low pressure system by the weekend. here's a look at the precipitation forecast. the eastern half of the united

jackets like hong kong and jakarta posted solid gains. meanwhile other markets like tokyo saw minor losses. in hong kong, the hang seng index climbing more than 1%. it finished out at 22,582. shares of chinese property developers got a boost from an announcement by china's central bank. it reportedly took steps to spur mortgage lending to first-time home buyers. and in indonesia, the key benchmark there finished 1.4% higher, 4,991. market expectations are growing that jakarta governor is gaining in chances to win the july presidential election, and that he will push for more economic reforms. tokyo's nikkei average did decline. it was down over 0.1%, 14,405. investors booked profits from a surge on the previous day. also a pause in the yen's slide weighed on market sentiment. >>> trade ministers from around the asia pacific region are trying to give a push to talks on a free trade deal. ministers from the 12 participating nations -- nations participating in the trans-pacific partnership will meet next week in singapore. japanese negotiato

hong kong itself was a character in the story itself. setting for this intrigue and mystique because it's a very difficult city to apprehend especially when you haven't been there before and hovering over everything is the fact i knew we were meeting a source and i knew had given us many, many thousands of top secret documents from the world's most secretive agency and most powerful government. all the precautions and uncertainties that constantly hovered. not just an entertaining story. i wanted to tell it because so much shaped the reporting we ended up doing that cleared up a lot of misconceptions. >> initially he tried to contact you in 2012. he wanted you to sort of follow encryption protocol. >> i get inundated with people every day that have huge, huge breaking story that is turn out to be nothing. the lesson of that story and the reason i proudly told it is two-fold. one is that here is somebody who in retro spect would you describe afraid to talk to me. he knew, unlike me, the vast reach of the surveillance system. he would not

hong kong,ries like there is morning.ack travel warning and they tell the hong kong residents not to travel there. there is a travel advisory for other governments. you willical sense, see airlines cancel and consolidate flights if this continues. there are not the people to fill the planes. there is a real world impact to what is happening and it is hitting the average citizen in the pocketbook and the wallet. they are the people who work and the hotels and hundreds of staff that you do not necessarily see. >> perhaps democracy is worth the price of all of that sacrifice. once we will watch. >> we have all of these stories. a lot of us are on it. you can follow us. over to the ukraine. contentiousld a presidential election with a chocolate billionaire claiming victory. they are avoiding the need for runoff. a foreign and an economy minister in the previous administration. is lower in the separatist east. they say they want early talks with russia. >> the earlier we create the agenda, the better it will be for the people

with my longtime friend and journalist collaborator in hong kong. the reason that i really wanted to write the book to tell that story is because so much has been said about all of those events in so much of what has been said has been wildly false. one of the really interesting things is if you are somebody really likes to bash the american media and i'm i am definitely somebody who likes to do that, it's one of my most favorite pastimes it doesn't really come as a surprise to learn that much of what the media turns out is misleading in all sorts of ways. but when you are actually at the center of the story like this and you are reading in the newspaper claims about what it is that happened when you actually know the truth because you are at those events or a part of them your appreciation for their capacity to mislead expands wildly. you're really is shocking to have seen some of the things

the hang seng index in hong kong finishes up nearly nearly 0.6%, 22,260. investors bought stocks in railway companies on reports that beijing would increase spending on the seconder. and in the philippines the composite index there with a gain as well up by half a percent, 6,742. mining stocks were among the big gainers there. that was on upbeat earnings from one of the country's leading miners. >>> u.s. car buyers are warming up after a long winter. they fuelled a rebound in april in auto sales. many of them opted for larger vehicles. researchers at auto data say carmakers sold about 1.4 million vehicles. that was up about 8% from a year earlier. car buyers were a little bit chillier earlier in the year. analysts say cold and snowy weather dampened their enthusiasm. people at general motors saw their sales go up nearly 7%. those at chrysler enjoyed a 14% rise. things not quite as good, though, over at ford where sales dropped just a bit there. now the fortune of japanese carmakers change with the weather as well. sales at toyota increased about 13%. manag

. >> high to hong kong carrying four laptops and some of the america's biggest secrets. few days later, edward snowden met two journalists from the guardian nupt four days later the guardian published its first yb article on snowden's elaboration. it was the first of a torrent of are information. prism showed the are nsa had direct access from google, facebook and other tech companies. president obama defended the programs immediately. he said you can't have 100% security and also then have 100% privacy and zero inconvenience. snowden went public soon after. i have no intention of hiding who i am because i know i have done nothing wrong. the u.s. soon filed espionage charges against snowden and tried have him extradited from hong kong. within a few days snowden was in moscow. the pace of the are are stories slowed but they didn't stop. the collaboration between snowden and greenwald, a report published by the new york times the guard and why an der spiegel that the u.s. and british intelligence spied on germany the united nations, israel dprans and other allies. greenwal

mia saini in hong kong has the details.it's interesting that this time around, the bank of japan not doing any action, but they have asserting itsen intended effects. the way that we've been summarizing up this morning is that it is pretty much steady as she goes. they will continue to expand the monetary base at ¥60 trillion, roughly about 691 billion dollars per year. that is in line with forecasts economists we surveyed bloomberg. the central bank is saying they will continue easing until 2% inflation is stable and they currently see a moderate recovery. even with the april sales tax to we saw from 5 are sent -- from 5% to 8%. according to one of our polls, 75% of economists are forecasting that they will boost stimulus by the end of the year with some 38% seeing a move sometime in july. analysts at the ie chief -- dai chi said they will not be nervous until the yen goes above 100. >> let's talk about the trade figures. what are they saying in terms of the overall position for japan? >> looking at the yen, it's right the

greenwald and filmmaker laura portraits with the journal -- first met with edward snowden in hong kong last june. days after their first meeting, greenwald published an explosive guardian" about the nsa collecting the phone records of millions of verizon customers daily. it was the first of hundreds of articles based on documents leaked by snowden. and more disclosures are now coming out. greenwald's book includes dozens of previous the secret nsa documents. for his reporting on the nsa, he recently won a george polk award and was part of the team from "the guardian" that just won the pulitzer prize in public service. glenn greenwald came to democracy now! studios on monday. glenn greenwald, we welcome you back to democracy now! great to have you in our studio for the first time since the edward snowden revelations, because of concerns you had of coming into this country with threats you could be arrested. it is great to have you here with your new book. >> always great to be on democracy now!, particularly, in person. i am thrilled. >> let's go through the remarkable revelations in th

there are howling winds across hong kong. it has been tremendously hit hard.rainfall just since tuesday quadrupling that amount. 400 millimeters is a little over 15 inches of rainfall coming down again. more than double the monthly average. doesn't look to improve in recent days, at least across this region. 649 millimeters. that's what you would expect to see an entire year across london. that's what they've seen in the first few days of may and the pattern, three feet or over one meter of rainfall has come down across the city. the model is painting the picture putting four inches across hong kong while the city, 15 millimeters, roughly half an inch. take you out towards the bay because tropical activity is trying to form. we have a high probability trying to form. the storm is meandering. a little concern as you take a closer perspective at this. in western myanmar, it's home to some 150,000 externally displaced people in refugee camps. the storm system doesn't look like it's going to strengthen. it will pour tremendous rainfall in this region. not somethin

public on theen hong kong exchange. they are in the middle ground already. ntity, trying to operate in a global context. wouldg kong regulators not accept the new structure of alibaba. ofe, you have an example things being tougher. areong kong regulators different than chinese regulators. it is a british influenced system. -- is splitth between hong showing hong kong. this company needs to raise money. it is not just a marketing ipo. when will it list? they do not tell us. out. is quite a ways bese auditing questions may part of the causes of delay. >> ask david about the ali baba -- >> what does it mean for ipos in general? quick have the look of the kirkpatrick world? with the fly from these more fanciful valuations -- >> like twitter -- >> like twitter, netflix, a lot of these companies. valuation a different in china then you are in u.s.. valuations are superhigh across the board. who am i to question that. i do not think china deserves a higher valuation. the chinese internet market is the highest market in the world. they have over 600 million people in