indonesia in particular has very little.rabia can bring some of that expertise to indonesia, and capital... what is crucial about this visit is he is making this multi— stop tour around asia, rather ironically he is not coming to singapore at going just about everywhere else. is this to tie in with the possibility of saudi‘s listing? tie in with the possibility of saudi's listing? absolutely, it is a preview to that, spreading the word about saudi arabia, ling ties to some of the economies of this dynamic region that the saudis have frankly neglected for 50 years —— building ties. it has been 50 years since the saudi king visited japan and indonesia. japan is a potentially large investor in that ipl, and is a significant buyer of oil. all of that makes this a worthwhile trip to be making. singapore, of course, would like to have saudi listing in singapore as well. japan's sharemarket has followed wall street to climb to levels that are extremely high. as you can see, it has not hit this level in more than a year. the japanes

meet indonesia's donald trump, one of indonesia's donald trump, one of indonesia's reaches and.o build a trump tower.|j signed a million—dollar bill to build a trump tower. i met with people and then when we signed the agreement the father came out. just agreement the father came out. just a few months after the deal was signed, donald trump announced he was running for president of the united states will have to underline this. today it is also a business relationship. the father sends them andi relationship. the father sends them and i physically deal with the children. but he and his wife were given vip treatment at the inaugural parade and attended the swearing—in and posted pictures of their time with him on social media feeds. you consent in any way about the perception of their being a conflict of interest? there is no conflict of interest. it may happen if the project is agreed when he is president of the united states but this happened long before he decided to run for president. but as president, mr trump has made some controversial decisions. in january he signed a tr

. >>> another country with a chronic energy shortfall is indonesia. the countris home to50 million people and is southeast asia's largest economy. economic growth there is hampered by electricity shortages and 12% of the population has no power at all. but a possible solution has appeared. nhk world reports. >> reporter: in sumatra province, they said power plants can't be built, leading to frequent blackouts. they have energy standing by in their homes. even when they have power, they find appliances don't always work. >> translator: the voltage fluctuates every time there is a blackout, causing tvs to fail. >> reporter: people suffering from this problem hope a solution can be found. in indonesia, many volcanos have given the world's second largest geo thermal resources behind the u.s. it is estimated that if all these resources were used, it would provide enough electricity for a nuclear reactor. one power plant is already in operation where it heats in the ground. in indonesia, they worked with a japanese trading house to build a plant seven years

no, because i'm from indonesia. he is a president...of america. meet indonesia's donald trump.15 he signed a billion—dollar deal to build a trump tower in west java and the first trump resort in bali. you know, i know eric trump, i know ivanka, you know, and then i met with donjunior and then when we signed the agreement then the father came up, you know, come out and then we signed the agreement together. just a few months after the deal was signed, donald trump announced he was running for president of the united states. it is a normal business relationship — i have to underline this. and until today it is also a business relationship. the father sends — you know, he is president of the united states, he's not involved in the business — so i physically deal with the children. but mr tanoesoedibjo and his wife were given vip treatment at the us president's inaugural parade, they attended mr trump's swearing—in and posted pictures of their time with him on their social media feeds. are you consent in any way about the perception of there being a conflict of interest now? there

indonesia also cut ties with j.p. morgan chase.ckground -- the country was ruled by armed generals from 1968 to 1988. his rain gave the country stability stronger economic growth and arrest his friends and family until 1998 when the asian financial crisis since protesters into the streets. in the wealth concentrated within the political elite. indonesia's leaders want to bring the country off of -- hungry for jobs, politicians have painted the issue and nationalist terms. critics say such policies backfire and driving away investors could cost indonesia t taxes.ons in lost taxe you can read more about indonesia on the bloomberg. had to bloomberg.com for more stories. mark: here's a snap continuing to climb in her second day of more than 50% after surging more than 40%. what can we glean from its filing about growth prospects and its future business? -- weked to cory johnson talked to cory johnson and alex. alex, i will start with you. there are only a few analyst with have gone out on a limb. investors are snapping up snap, but ana

no, because i am from indonesia. he is president of america. meet indonesia ‘s donald trump.e world's richest man. in 2016 he signed a billion—dollar deal to build a trump tower and a first trump resort in bali. i went to america and met with donald junior and when we signed the agreement in america. just a few months after the deal was signed donald trump announced he was running for president of the united states. announced he was running for president of the united statesm isa president of the united statesm is a normal business deal and i have too underlined this. it is a business relationship. the fact that he is the president of the united states is not part of the business so states is not part of the business soi states is not part of the business so i basically deal with the children. hary tanoesoedibjo were given vip treatment at the president is swearing in and his inauguration parade. they have posted pictures of him on the social media feeds. i've concern about the perception of a conflict of interest? there is no conflict of interest? there is no conflict of int

also, the local reach in malaysia, indonesia and singapore.n we want to talk to government industry, the owners of some of these real estate industry businesses, in many cases, they are wealthy billionaires and wealthy multimillionaires, and tpg is well-connected and we can access those individuals. haslinda: where do you see innovation in property guru? steve: it has been a key reason for the success of the business. you think about where we were seven years ago. everyone was using traditional media. now, it is all online. consumers all have smartphones, and having usable services on a smart phone is important and personalizing that content is important, making sure you provide lots of content. we published 600 or 700 articles and property reviews on specific projects every single month. as we go forward in the next three to five years, virtual reality will play a role. we not going to go pokemon go yet. haslinda: why not? steve: in the future in five years time, people will probably view online with virtual reality. it will be an immersive e

made indonesia's donald trump, one of indonesia's donald trump, one of indonesia's richest men.mp tower in westjava, and the first trump resort in bali. i met with donald trump, donald junior, then we signed the agreement. just a few months after the deal was signed, donald trump announced he would be running for president of the united states. normal business—related ship, i have to underline this. today is also a business relationship will stop the fa ct business relationship will stop the fact that he's the of america, he is not involved in the business. so i deal with it, ideal with not involved in the business. so i deal with it, i deal with the children. but they were given vip treatment at the us president's inaugural parade, they attendedattended donald trump's wearing in and posted pictures on their social media of time with him. ie concerned about the perception of a conflict of interest? there is no conflict of interest, conflict of interest, me, if the project is... he's the president. this all happened before he even decided to run from president. as president, dona

indonesia's president video logs the visit of the saudi king.n their lunch is on camera. and jackie's life afterjfk — the lost letters which reveal a love affair with a senior british diplomat. good morning. it's 9am in singapore, 1am in london, and 8pm in washington where the us attorney general, jeff sessions, says he won't be involved in any investigation into whether russia interfered in last year's presidential election. he's been accused of lying about contacts he had with russian officials during the campaign and senior democrats have called on him to resign, accusing him of lying on oath to congress. mr sessions has denied doing anything wrong. this is what he told reporters a little earlier. we talked a little bit about terrorism, as i recall and somehow the subject of the ukraine came up. i have the ukrainian ambassador in my office the day before and... to listen to him. nothing that russia... russia had done nothing that was wrong in any area and everybody else was wrong with regard to the ukraine. it got too bit of a testy conversat

the king and i, indonesia ‘s president video blogs the visit of the saudi king.ive from our studios in singapore and london, this is bbc world news — it's newsday. good morning. it is sam good morning. it is 8am in washington, dc a senior member of the team is facing pressure after admitting the meeting russians during the campaign. jeff sessions has just during the campaign. jeff sessions hasjust said he during the campaign. jeff sessions has just said he will recuse himself any investigation into alleged russian interference in the election. democrats want him to resign saying he misled the public. marine one touching down on the navy's newest aircraft carrier, and the president feeling the full downdraught of the latest setback to buffet his administration. his attorney general, jeff sessions, facing charges that he lied under oath during his confirmation hearings over his contacts with the russians. but the president is standing by him. reporter: mr president, do you still have confidence in the attorney general? total. when were you aware that he spoke to th

indonesia has been anticipating the increase of the federal fund rates.terms of the strategy of our deficit, because we are quite duffers applied in terms of the bond issuance, that is also providing us with a choice, so with the inflation very low, indonesia euro were able to have a slight appreciation rather than depreciation. capital market in general is among the best in the world, so i think we are quite comfortable that we are not inflation. the environment is very uncertain and this way, we have more ambition to deepen our reform. >> and that was nejra cehic speaking with the finance minister sri mulyani indrawati. companies seek to diversify abroad. confidence is trading at home. we are going to go to ellie next. this is bloomberg -- to l.a. next. this is bloomberg. ♪ yvonne: this is daybreak asia. i am yvonne man in hong kong. liu in new betty york. u.s. commercial property continues to attract interest particularlybut china's expectations surrounding president trump progrowth strategy. i'm going to cross over to margaret hard. the big story -- m

investrabia, pledging to $1 billion in indonesia.t the person in jakarta here they signed a range of agreements including the financial agreement to support development in indonesia. the king promoting saudi arabia's interest in asia, important both economically and strategically. yousef: as you know, saudi aramco is preparing for what could be the largest ipo. they are putting money where their mouth is pretty much, $13 billion in investments going to malaysia, indonesia. it is a bold move. it is really emblematic of how they want to ramp up their strategy in asia in preparation for the move. they said it will strength of the equity story when it comes to saudi aramco. we had a note out saying that saudi aramco's stake, to give you details, in the petronas project, to cut capital this miniatures. let's get more perspective on the story from our man in abu dhabi. he is the head of wealth .anagement for abs security i know you cover saudi arabia. would this visit, this tour of asia for the saudi king, what has it brought? positives a

i want to focus on indonesia. have a look at this bloomberg chart.u can see, it is a composite. there has been a comeback as far as foreign funds are concerned. first time in seven months. we are going toward 600 in net inflows. next chart, a simple one. indonesian stocks rising to a fresh record high. 72 is your level right now. -- al run a simple rr simple rsi. 6677 is your level. when you have a look at this other one, the other function and you look at where jakarta is, let me talk you through what is happening. this is the measure of the market. not a lot of stocks are above their 200 day moving average. which speaksver, to the facts we may be getting momentum coming back into the blue chips in indonesia. to stomach stent may be signaling it is time to move on to medium to smaller caps there. in other words, a very good day to the markets. sophie will break everything else down for you. japan, 207 stocks out of 225. what else are we saying? >> as you noted, indonesian stocks trading at an all-time high. that is not the case for other benchmarks.

in addition to that, less aggressive tone from the fed, you have that good earnings growth in indonesiaare some concerns, and some people suggesting the gains we have seen are not supported by the fundamentals in the economy. that could be a problem, could mark a short-term cap in the indonesian index, but certainly that will be one market we are looking at for this week, given how those gains were last week. the jakarta, is at a high until 2015. thank you. as we prepare to kick off the trading week on wall street, deutsche bank will be one of the stocks in the spotlight your the bank will raise 8.6 alien dollars from a capital increase starting this week. this as the lender seems to shore up its finances. su keenan is here with me to talk more about this. 1 -- su: one analyst is saying it is almost perfect, and is a regular point equity market. -- it is a rather buoyant equity market. you see your today it is up 5%, on the rebound, which makes clear why they are resorting to this. u.s. inse $8.6 billion euros, 687 million new shares, on pricing the shares this sunday, in line with what

haidi: has indonesia run to your heart?h in each of these markets there are areas of running hot. it's important for us to look longer-term. we believe some of the tax reform we are seeing means there are opportunities for us and our investors. haidi: great to have those insights. up, we get the latest from seoul asked south korea's former president faces the music, facing a grilling on these corruption allegations. this is bloomberg. ♪ haidi: welcome back. you are watching "bloomberg markets: asia." i'm haidi lun in sydney. the former south korean leader has begun what could be hours of questioning in seoul. this is the first time park geun-hye has been in front of prosecutors. this is what she said briefly as she arrived. >> i am sorry to the citizens. i will sincerely answer investigators'questions. rosalind chin has been following the events on some -- unfolding there. haidi: what do we know? she could be in for some time. rosalind: that's right. generally these questioning sessions could last for many hours and is like

indonesia will press ahead with 330 billionafter dollars of previously undeclared assets.inance minister said discussions are underway with lawmakers about increasing the ratio. she also says potential trade tariffs and policies would not help anyone. >> in the direction of the global economy which is becoming more inward and protectionist, it will also affect indonesia, but we still have options in the short-term. will formally begin next week. the u.k. government will launch the process on march 29 by invoking article 50 at stake is whether britain can read gain powers over immigration and lawmaking without derailing trade or threaten london status as a financial center. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. shery: thank you. we are seeing investors continue to pile on the emerging markets stocks. the msci index gaining for an eighth consecutive session. you can also see the largest have tracking that index now turned positive. last week, posting the most inflows since august, $225 mil

christopher: turning now to indonesia where groups have returned 17 critically endangered orangutansr natural forest habitat. they were airlifted to a remote area where it is hoped that they will be safe from human infringement. reporter: flying back to freedom, an orangutan lifted by helicopter, one of the recent group of animals returned to the wild by the orangutan survival foundation. still drowsy from the trip, this creature carefully climbs away from the rescuers. >> people have asked why the orangutans have a better chance of survival than the wild ones. visible answer is, we monitor them every day after they are released. reporter: wild orangutans are often killed while venturing out of the streaking forest -- shrinking force in search of food. police have even arrested plantation workers for killing and eating an orangutan. the natural habitat for the animals is being destroyed to make way for plantations. the foundation is resettling them. it takes years of preparation before an orangutan is ready to be returned to the wild. many have spent years in captivity. >> our target

that bicycle was from indonesia. >> translator: when i first saw that bike, it was an eye opener.t wasn't just the design, but the ideas it gave me about sustainability. >> reporter: aska lives in a part of yamaguchi called otto. excited by what he had seen, he immediately gathered a group of locals to build their own bike. he was in charge of construction. they cut the bamboo into slices, then laminated them into blocks. the blocks were then milled into cylinders for the tubes of the frame. however, he hit a problem. japanese bamboo is thinner than its indonesian counterpart. compared with the indonesian bike frame, more layers would be needed. this would compromise both strength and durability. fugikki realized they needed help. >> the only thing was to take pam boo to indonesia and get ideas there about how to build the frame. >> reporter: last november he traveled to central java where the bamboo bikes are made. he stayed for months working with the people there. he learned to make his tubes stronger by laminating them in different directions. not with the grain running the sa

islam that allows indonesia and friends to share the same message of peace.ast asia is a hit act a trump and what he stands for. betty: sounds that way. thank you so much for that preview on the french president's visit to southeast asia. that is almost it from us here .n "daybreak asia" rish has more of what's to come on "bloomberg markets: asia". rishaad: various fed speakers, including janet yellen. springs eternal that we get clues and transparency as to the future of interest rate normalization and monetary policy in the u.s. china data, pmi numbers. we should get the first trading day for this property developer as well. betty: ok, you have a lot of guests to talk about all those issues. , dennis absolutely lockhart, former atlanta fed at 10:40. the crediting to suisse asia-pacific ceo about how the bank is seeking to double profits from this part of the world by 2018. how are they on track to do that? that is number of markets next. ♪ 9:00 a.m. in hong kong, midday in sydney, 9:00 p.m. in new york. i am haidi lun. rishaad: i am rishaad salamat coming t

the largest arab country, or indonesia, the largest muslim population, or even pakistan. >> i'm goingo go on intent. donald trump campaigned on specifically a permanent muslim ban, which then was changed a temporary muslim ban. he also said extreme vetting of muslims. he also said a registry for muslims, and god bless rudy giuliani of all people. i'm going to aplud rudy giuliani for the first time who when the fir first. >> dhs secretary kelly. well, if you look at 9/11, for a second, 15 of the 19 michael jackson hijack-- hijackers from arabia. none of those were mentioned on this ban, but donald trump has business dealings with three of those countries. it's ineffective. it's counter productive. it's cruel. it is a muslim ban, and that's how it's being read by our muslim allies all around the world. >> the aclu and other organizations already saying they want to go to court. >> and they will. the reason they will is because the justification prong i talked about, the idea that you could not make a bald assertion that national security, the statement alone, was somehow enough to get y

how indonesia is trying to keep the region free of toxic haze. the thai dj taking techno to the world. we meet a rising star of the underground scene. live from our studios in singapore and london. this is bbc world news. it's newsday. welcome to newsday. it's 9am in singapore, iam in london and 10am in seoul where the ousted south korean leader park geun—hye has vowed that the truth will out after leaving office days afterjudges upheld a parliament decision to impeach her. massive crowds gathered to see ms park finally leave the president's official residence, the blue house. her departure means she no longer has presidential immunity from prosecution and criminal charges may well follow. earlier i spoke to our correspondent in seoul steve evans and he described former president park's first public appearance since leaving the presidential palace. there was certainly no sense of contrition or of a broken woman or anything like that. she had a broad, broad smile, she was waving to her supporters from the back of the black limo when she arrived at

. >>> saudi arabia's king is on a nine-day trip to indonesia. >> and it's safe to say he does not likeack light. cnn's jonathan mann explains. >> reporter: arriving in style, saudi arabia's king salman landed in indonesia wednesday, an escalator lowered the 81-year-old monarch to the tarmac, bringing new meaning to the phrase "luxury travel." the king also brings an epic entourage of 1,500 people, including 800 delegates, 25 princes, and ten ministers, according to the jakarta post. along with more than 500 tons of luggage and cargo, two mercedes-benz limousines and two electric elevators. the king also brought his own elevator on a 2015 trip to france, which he used to get down to the beach, a move that prompted outcry from many locals. but outside jakarta, crowds of schoolchildren cheered the king as he arrived in the pouring rain at the presidential palace, where he was greeted by a marching band and a mounted honor guard, with a 21-gun salute. it's the first visit by a saudi monarch in nearly 50 years, and security is tight, with 10,000 indonesian police officers on alert. while th

king salman is on a tour of asia, he has already visited and malaysia and indonesia and his next stop british mps are warning that the government has not sufficiently planned for what would happen if it can't reach a deal with the european union once it leaves. when brexit is triggered, ministers have two years to negotiate a new relationship. a landslide at a huge rubbish dump on the outskirts of the ethiopian capital, addis ababa, has killed at least forty—eight people. dozens of makeshift homes have been buried under the debris and a number of people are still missing. mechanical diggers are sifting through thick layers of mud and rubbish to locate any survivors. strong winds have forced the cancellation of a cycling event in cape town. this amateur footage shows cyclists struggling to hold onto their lightweight bikes. 0rganisers called off the race amid concerns about fires in the region. from around the world. now this is certainly a hard—line statement from the beijing leadership. china's supreme court has said one of its biggest achievements last year was imprisoning rights ac

they beat indonesia. they did the hard way after coming from a set down. place on sunday's doubles final. the former formula 1 motor cycling world champion john surtees has formula 1 motor cycling world championjohn surtees has died at the age of 83. he's still the only man to have become world champion on two wheels and four. number three, john

well, 25—year—old siti aisyah from indonesia — she is expected to be formally charged today — but she java. this village is not used to this kind of attention. but this is siti's house, one of the best in the village. it is getting a lot of attention from the government and the media. the family inside are refusing to speak. the local government here to provide comfort to her father. they government here to provide comfort to herfather. they have government here to provide comfort to her father. they have offered to pay for him to visit her in jail. translation: he is not strong enough to a nswer translation: he is not strong enough to answer the questions again and again. we need to respect how he's feeling. he is very confused. try to imagine how he is feeling. it is an awful situation he is in. our guides will mount beside his daughter's fate. malaysia police said that she and another woman white kim jong—nam's face with a chemical. —— our gods. she told police that she thought it was a tv prank and the liquid was baby oil. like thousands of indonesians, siti aisyah was an illegal

the king and i — indonesia's president video logs the visit of the saudi king.ie's life afterjfk — the lost letters which reveal a love affair with a senior british diplomat.

i think it looks like they're successful in malaysia and indonesia.t is looking quite important and shows saudi arabia's visibility to lock in future demand. david: hollowed potential -- solid potential. we are talking intel. on self driving cars, the biggest offer for an australian company. we will look at that one next. this is bloomberg. david: intel spending $15 billion in driverless cars, taking over its partner. earlier on bloomberg markets we ,aw these ceo ryan krzanich intel and the driver's seat. $175 million into this deal, you are right. they were going to go and move our autonomous driving resources to raise real to -- to israel. there is are the overlapping, and that will bring those synergies to the $175 million overtime. works a lot of options trading in it days before the deal was announced. near record levels for mobile. nothing like this. this concerns you. >> we have been working on this deal for a while. if you take a look, pretty quiet from what we have seen. keep the deal under until the 12-24 hours. i look at what we were doing

indonesia is in yellow advised. thailand, singapore, and malaysia rounding things up. these measures are under control. the risk comes into force. -- comes into complacency. this was pointed out by ing. if oil filters into core inflation, you have to play innovative catch-up. -- play a bit of catch-up. it is good we are talking about this at the moment. that said, no immediate action it is inflation we are watching over the next couple months. host: let's get to your first word news. >> first to the u.s., and send board member says a rate hike is likely to be appropriate soon. she is the latest senior bank official to raise the right on borrowing costs early this month. the latest economic report shows modest to moderate growth in the economy. sees furtherk tightening in the market, but no inflation. general motors and nissan beat u.s. sale estimates, surging pick up an suv sales tempered worry of inventory. nissan reported a 3.7% increase. this may ease concerns that automator they have to reduce supply. carl icahn is selling the former taj mahal trump casino to those

as part of the trip going forward, king salman also plans to visit the rest of asia, indonesia, china where he intends to discuss common issues, though no details have been given about the issues he will be wearing -- bringing up. yousef: from our men in abu dhabi, the head of wealth management. i know you cover saudi arabia closely. put this tour of asia from the saudi king in context. ryan: this is, i think, a very positive visit, and i think it shows that saudi arabia is really opening up to new perspectives. new saudi arabia is transforming, it is going in the right direction. so, this move towards asia is a diversification from saudi arabia towards new partners, opening new highways and it is definitely a positive. yousef: we have the issue of the u.s. dollar strength that has been a theme throughout this program. how is that going to impact the growth story there? growth story in saudi arabia is happening because there is a complete reform taking place in saudi arabia. this is a complete change of mentality taking place. so, the plan that is coming forward will transform saudi a

that indonesia and france can share the same message of peace.ack at donald trump and what he stands for. david: and all about the orchids, as well. a cross change over the weekend, " is means "daybreak europe coming up. few orchids, but the prime minister of the u.k. will visit scotland today in a call for unity as she gets ready to 50 which starts the countdown clock to brexit. that is a big focus for her this week. a lot generally on the political agenda in the u.k. and europe. we will get more details of the great repeal act and we are watching european holidays closely. we will have an interview, my colleague will speak with -- yousef: that is all we have for this edition of "bloomberg markets: middle east." it is a japan story right now dragging things lower on the dollar-yen. we will be fleshing this out more next. ♪ anna: trump trade fades. will the president be able to get his agenda through congress? the greenback and u.s. equity futures fall. thes: a win for merkel in run-up to germany's general election. the chancellor secures her big

and this video is trending on bbc.com: the indonesia president has taken the unusual step of video—loggingis lunch meeting with the saudi king and posting it online. it's the arab monarchs first visit to the country for 47 years. —— it's the arab monarch's first visit to the country for 47 years. how times change! that's all from me now. stay with bbc world news. and the top story here in the uk: policing in england and wales is in a potentially perilous state, with some forces putting the public at risk, according to the police watchdog, the inspectorate of constabulary. business now. off toa off to a snappy start — social media company snap inc surges on the sharemarket debut. and as the chinese super league prepares to kickoff, we explain why it has become football's latest financial superpower. welcome to asia business report. many of you would have heard of it, snapchat, an app popular among teenagers and well known for the quirky video features as well. now it is the tech listing of the year. shares of the company behind the app went 44% up when they listed, in the largest share sale

if you look at the projects that we find, so we wondered that a slum upgrade project in indonesia.er station in myanmar, upgrading hydroelectric power schemes in pakistan. with these sorts of projects all over the asia region. some of those things will overla p region. some of those things will overlap with the one belt, one road policy. many are different from it. at the end, the bank meets its own decisions, about what are the appropriate things to find. there are important policies of many different governments that are considered. all the member countries have a role in that. so we must make sure that in each country we are working according to the direction that the government has set and the international agreements that they have signed up to. and that was danny alexander speaking to me. history will be made in europe this week as a new entrant into the mobile market appears. britain will trigger article 50 on wednesday. this will officially begin the process of breaking away from the european union. also on that same day, you have samsung, they are scheduled to release the

look at the markets we are at now for indonesia.ing rates are not conducive to em equities doing well. chris: david, if you look at nightstes on wednesday in the u.s. and thursday in asia, they came down significantly. that is what causes the big move up in risk sentiment. inflation-adjusted yields are still in negative territory, especially emerging-market equities will do well. they will front support. that to me is the big issue. if real rates push up to positive territory, they will be sold again and that is for me the major point, what happens to real rates? david: when it comes to your market in australia we have been playing around the 5800 level. january, february, and we are back here again. there is a substantial amount of volume coming through the market. when will we see a breakup? chris: the key level is the january, february, march double talk. i think it wants to break there. every time we look like we will roll over we see it stepping in and nice flow there on the side. i think the market wants to go higher. if you s

he's been meeting with leaders in indonesia and malaysia and bringing investment deals with them. japan as well. as for the daily front, look out for quarterly economic numbers from japan. and i spoke to the chief strategist at complete intelligent. i wanted to ask if he be policies of shinzo abe were still affecting the economy. the problem we are seeing injapan is demand. it is not the money supply side. it is really with demand. and we have been saying output the past four years. —— and we have been saying that fall. you can put as much cash into the supplies you want, but you are cutting that currency into more pieces. it is not real purchasing power that you're getting. that is right. you have an ageing population in. so what they need more as people. migrants to come in and pump up people. migrants to come in and pump up the economy. correct. they need people, they need workers. they contributes to consumption within the economy. japan does not have domestic investment and they do not have consumption. this, they have a little bit of it, but not enough to grow at the level t

having an impact in terms of the large muslim population is here in asia, which includes the likes of indonesia the banned list, but do you think that less muslims from asia will now travel to the us? certainly citizens from those countries would have taken a close interest in the executive order and whether the president was targeting muslims, despite denials to the contrary, they will be thinking, is this going to affect my ability to get a visa and get access to the united states? again, people there in mind, how much hassle as they going to be in getting a visa and getting into the country. that might cause them to choose to girls we re might cause them to choose to girls were on holiday. —— ago elsewhere on holiday. more people are watching videos on their mobile devices than ever before and there is big money in it. we are kicking off a new series called two minutes with, and this time it is with a creative agency which has won many awards for its commercials and films. most grisly, they worked on beyonce's app lemonade album. —— beyonce's lemonade. what makes a good video is an extremely

the suspects, one from indonesia and the other from vietnam, are accused of smearing his face with adly poison now for the latest financial news with sally and world business report. make america wait again. trump lays out his vision but wall street is unimpressed with detail on tax and economic reform scarce. virtual reality versus augmented reality. we make sense of this latest technology that promises to revolutionise your day to day experience. welcome to world business report. i'm sally bundock. also in the programme: the wonderfrom down under. australia managed to avoid recession in 2016. details in a moment. but first... as you've been hearing, president trump has addressed a joint session of congress for the first time since taking office. in a highly anticipated speech, he spoke of "restarting the engine of the american economy". the president reiterated his intention to slash corporation tax in the us and provide tax breaks to middle class americans. at the same time, he announced he'll be asking congress to approve legislation which will result in $1 trillion worth of inve

indonesia wants producers to apply for a second special mining license.hina's biggest oil and gas company reporting full-year results friday, investors want clarity and a higher dividend and an outlook for the rest of the year. petrochina the last of the three big energy companies to was or -- to report. of oil and gas at j.p. morgan, it has been a surprise, this earnings season come out of these guys, because they have been doing better than people anticipated? >> the biggest surprise has been the dividend. rishaad: under pressure to do that by the regulators and authorities. they do have a lot of cash they are sitting on. >> if you look at the trends within global oil, better cash returns to shareholders has given better relative performance within a sector or globally, so the chinese names are realizing better cash returns to not just the government is a better way ford. rishaad: tell me something, out of the three, we haven't heard from the third one yet, but who do like the most? because itsinopec has more cash levers to pull to sustain dividend grow

indonesia rose and sidney was up 1.3%. malaysia shares advance and 17-15 for the closing number to hit a ten month high. that's after the central bank is saying it expects growth momentum to continue but the shanghai composite declined by .5%. 3230 today. some took profits on gains made on expectations a head of the national people's congress. customers with dozens of japanese banks will soon find it much easier to make money transfers in coming months. they'll get accesess to a servi that lets them send it quickly and cheaply they'll enable customers to transfer funds almost immediately at less than 10% of the current cost it's based on the block chain technology used in bitcoin transactions. they'll roll out the initiative later in the year. it wilill allow customers to ma transfers to systems u.s. officials are threatening to take a more aggressive approach to international trade. they may ignore trade rules that aren't in their favor. officials with the trade representative office issued the warning in an annual trade

they beat indonesia. they did the hard way after coming from a set down.ce china for a place on sunday's doubles final. the former formula i motor cycling world champion john surtees has formula i motor cycling world championjohn surtees has died at the age of 83. he's still the only man to have become world champion on two wheels and four. number three, john surtees. he rocketed away. he was a natural rate, still full and determine. just as fast on two wheels as he later became on four. john surtees, number seven. encouraged by his father, a motorcycle dealer and former sidecar champion, young john won his first race at the age of 17. with the british motorbikes dominating racing, his future looked secure with norton, but they refused to backing for the 9056 season, so he went italy. between 1956 and 1960, he dominated the 350 cc and 500 cc classes, winning seven world championships. he became the first man to win the senior isle of man three years running. is a sure life 's ambition 110w running. is a sure life 's ambition now achieved? not really. i don

bank of indecent -- indonesia was the biggest rate reducer last year, cutting six times.upiah has weekend and the central bank says inflation may accelerate this year to more than 4%. some officials at the bank of japan may be concerned about premature speculation on interest rate hikes. sources say officials are considering giving clear guidance on future rate movements once inflation starts picking up. the boj expects the inflation gauge to be about 1% this year thanks to higher oil prices and a weak yen. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am paul allen. haidi: still ahead, we hear on the finalkely to be comments to the media as the governor of the pboc, coming up and over half an hour. rishaad: next, baidu ceo on the advantages of artificial intelligence. robin lee and how he is seeing the world changing. ♪ rishaad: you are back with "bloomberg markets: asia". i am rishaad salamat in hong kong. haidi: i am haidi lun in sydney. thailanddent of the stock exchange said myanmar must

i'm going to share with you something, i just come back from jakarta, indonesia. that was a great chance for us to go there. then we were in europe before. but next week i'm going to china for the first time. i've never been on the mainland. >> where are you going? beijing? shanghai? >> going to be 18 gigs in 21 days. going to be three weeks, one nighter. >> you're going to love it. >> i'll let you know when i come pack. then from there, it is straight to new york to do a week. for a week. >> when you get a chance, you were tutored by, you hung out and drove dizzy gillespie around. when you get a chance to play in these iconic and historic venues like that, do you feel presence of all the other great artists that played there? >> absolutely. i always said, it is an honor and a privilege to be here in the same stage where so many incredible musicians have been playing over the years. and something stayed there. the presence, you can smell it. man, how many good notes have been played here in this place? and how many great artists played there. and i enjoy it always

they were sitting in the ste terminal at the international airport in indonesia.en suddenly they all had to take flight. >> dude, it's all falling. >> it's like there's a giant up there shredding documents and we're teeny tiny people. >> you're brilliant. it does look like a paper shredder. >> it's not. it's a new building under construction. for the most part everybody was able to get out of there. unfortunately two people did suffer minor injuries. >> it all seems pretty flimsy. >> meanwhile there's a construction worker wondering where this goes. >> does anyone know where this went? oh. >>> moving over to kazakhstan, this father and his children. they're pulling up because the kids have to use the restroom. >> looks like the one place for about 2,000 miles. look at this. >> and when they've got to go, they've got to go. just as dad parks -- >> how many people have already hit that building? it looks like it's about to fall over. >> oh, does it? >> what have they been eating? >> it crumbles right before their eyes. >> now the toilet's definitely clogged. >> you

training in indonesia, that trading in indonesia -- trading in indonesia.e faring. sophie: it is a mixed picture in asia. stocks in hong kong rising .1%. shanghai marginally higher. new zealand the biggest slacker. that is due to the drop we are as 30%.falling as much certainly skimming the index has been faring so far this morning. i want to highlight southeast asia, we are seeing now in the red, swings between gains and losses on the benchmark stoxx. today, highlight here up .4%. indonesia stocks surged to a record. outperforming peers as you can see from this chart. friday marked the biggest daily foreign inflows since august. the feds helping to fuel the drive of emerging assets. these equities may continue to attract foreign money and investors. the rally continuing with somebody the index breaking 6000 points by a year in. some signs of weakness at the boating wellyear, for invitation accept, equities, and bonds. andng a look elsewhere, mixed picture. what is going on the chinese coal. --rch on initially, those the most in eight years. annual profit t

indonesia has summoned the british ambassador after a ship operated by a british company ran agroundh march, the ii,290—ton caledonian sky hit reefs off an island in raja ampat, papua province, at low tide. the region is famous for its biodiversity and the boat was taking tourists on a bird—watching expedition. the incident has caused outrage in indonesia and local officials have suggested the captain could face criminal charges. haddock caught in the west of scotland and in the north sea has been taken off a list of sustainable fish to eat. the marine conservation society says stocks declined last year and action is needed to boost the number of breeding—age fish. but the decision‘s been criticised by scottish fishermen. passengers at a new york station got a nasty surprise when their train pulled in. those waiting at rhinecliff station were caught in a wave of snow as their train arrived at the station, engulfing those closest to the tracks. the national rail operator amtrak says no—one was hurt. a video of the episode has been viewed more than a million times online. what a to wha

give attempting to users the fastest data in knee should. -- in indonesia. next biggest competitor its users pay 40% more on data consumption, so not surprising that investors are buying the story. take a look at this chart. of 42 percent today, outperforming its competitors, and clothing -- including china unicom and 5k telecom. it says it is no longer about providing the cheapest price. it is a balance between price and performance, and customers like uber drivers and millennials are willing to pay for a faster network. we all know how frustrating it is to have offering while trying to access video data. we don't -- we want speed, don't we? give us a sense, millennials, customers there in make into how do they this story about data-driven services and where we are with the stock price? haslinda: let's put it in perspective. a thirdals account for of the population in indonesia, so data consumption plays a significant role. when you talk about indonesia, it has the second-highest number of facebook users in all of asia , so xl axiata has ensured its network

also affecting indonesia.eporter: david rockefeller, the presidential advisor and air to one of the most fabled fortunes, has died at the age of 101. of last surviving grandson america's first billionaire. the only one of his five sons to fetch his entire professional career in the corporate world. 35 years at the company. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. matt: the french election got pretty heated in the debate you >> the best way to send an honest a signal that says we cannot welcome you anymore is to cut off all the suction parts of immigration. state medical care, access to social housing, subsidies, and so on. >> the truck you're falling into with your provocations is to divide society. 4 million french people whose religion is islam, not into -- you live in our republic is to make them enemies of the republic. for me it is now. >> i strongly disagree with emmanuel macron who congratulated angela merkel for policy that appears to be

here, new york is a big pavilion, explore great insuring and looking for something more exotic, indonesia, malaise i, maui, virgin island, philippines, looking for something more adventurous, head to the african safari aisle and find yourself a safari. >> reporter: you can travel a different mode of transportation, one of your favorite mode is on a cruise ship. we have cruise planners here an american express travel company and not only do they offer, crews from around the world, and land vacation and, only deal with special, and, have a trip that fits you your budget. >> reporter: as we wrap up this segment, i want folks to sort of like pull all the destinations out of your mind and be opened minded when you come in here, right. >> leave your destination, books, list at the door, come in here and find a place you may have never thought of before come down to the philadelphia -- pennsylvania convention center, philadelphia travel and adventure show from 10 to five today and 11 to four tomorrow and go to travel shows.com for more information. >> reporter: i know i will be dreaming, smellin