doctor yu jie from lse ideas. let's take a look at some of the other news stories today.given foreign investors access to its bond market — a $9 trillion trading system which is the third largest in the world. the scheme, which offers investors access via hong kong, got off to a busy start, with nearly $300 million‘ worth of bonds purchased in the first 20 minutes of trading. iran says the french energy giant, total, is to sign a contract worth almost $5 billion to develop an offshore gas field. it's iran's biggest foreign deal since most economic sanctions against the country were lifted last year. total said it had planned to sign the contract several months ago, but had decided to wait and see if the trump administration would re—impose sanctions on tehran. india introduced a landmark reform to its tax system over the weekend. the "goods and services tax" replaces hundreds of individual state—based levies, and is expected to transform the nation of 1.2 billion people and its $2 trillion economy into a single market. looking at some of the stories in newspapers... japan

is zero chance of her or done ie else getting timetable now, there is zero chance of her or done for lse timetable now, there is zero chance of her or done for the getting timetable now, there is zero chance of her or done for the next 1g timetable now, there is zero chance of her or done for the next two years anything done for the next two years but if we were in any doubt that the tory party was not happy with her, this would clarify things. which means perhaps that jeremy this would clarify things. which means perhaps thatjeremy corbyn is very secure. he can put his troubles to one side. his position as leader is more secure to one side. his position as leader is more secure now to one side. his position as leader is more secure now following the election. certainly his position is more secure election. certainly his position is more secure than theresa may's. even though he lost the election, somehow. but obviously last week we had the queen '5 speech stuff, and where labour exactly sits on the eu and what their policy really is, he is back in parliament, he had a pretty torrid time

earlier this evening, the director—general of the cbi carolyn fairbairn warned in a lecture at the lse to damage the uk economy. she cited companies changing plans and slowing investment in anticipation of what she called the "serious disruption" that would ensue if the uk were to leave the eu without a deal. her comments came as international trade minister liam fox appeared to add his weight to his cabinet colleague andrea leadsom's recent contention that reporting unwelcome statistics about brexit was somehow unpatriotic. he claimed in the commons that some elements of the media would rather see britain fail than brexit succeed. carolyn fairbairnjoins me now. it speaks perhaps to a difficult truth to you, which is when you describe an environment you consider less than conducive to business, you run the risk of making that environment even less conducive to business, talking the country down, if you like? one of the things that is really important to have now is a realistic debate. when we hear from firms across the country large and small about the way uncertainty is beginning to a

some analysts a major transactions are still possible despite the deutsche failed pursuit of lse. >>d is starting. if you want to make money and do , theess with the company's savings in this group of 27 countries in 19 of them using this and single currency, then you have to be located in that part of the world. sony second reboot of the spiderman series top the north american boss market -- box office. it marks the first number one opening of the year for sony. it is part of a production deal with disney's mobile unit, giving sony a hit after a string of disappointments. sony also had the number three grossing film over the weekend with baby driver. haidi: i have not seen that one. rishaad: good foreigners help japan's immigration problem. -- could foreigners help japan's immigration problems? this is bloomberg. ♪ rishaad: this is "bloomberg markets: asia." i am rishaad salamat in hong kong. haidi: in japan, the number of local people shrinking, but getting a boost from abroad with foreigners choosing to live in japan. now fromor joins us tokyo. why are for numbers growing? >> ther

let's talk to a professor at the department of government at lse. an expert in local government. immediately clear. it's a task force , a recovery immediately clear. it's a task force, a recovery task force described as independent by the minister. that sounds less than commissioners. we have seen them sentin commissioners. we have seen them sent in the past two places such as rotherham or anglesey. they have had specific roles, and in anglesey‘s case they took over everything the council did. involve there was a veto power over council did. involve there was a veto power over some council did. involve there was a veto power over some of what council was doing and it was up to the council to refer things. —— in another room there was a veto power. in this case it sounds more like an advisory committee. we are a bit further forward. the government is into being but not it would appear taking anything over yet. sadiq khan was saying he was asking for commissioners to come in. the difference is, commissioners would actually run some of the council, and this might bejust to actually

it's been something of a lift for the lse?nies where 75% of the earnings are overseas earnings. more generally, we've always been a very international market. europe comingo in to london to raise 3 billion euros in capital. the bank of cyprus also moving their primary listing. i think you're seeing a very strong franchise. tom: are you or your colleagues putting in contingency plans for euro clearing coming given what we have heard, the proposals to potentially move some euro clearing into the eurozone? areil: of course, we monitoring the negotiations. our clearinghouse, we have the greatest pool of clearings derivative liquidity in the world. we generate huge efficiencies for our clients. let me ask you about an and a. obviously, the georgia deal to tsche didn't come off in march. how much have you set aside for potential buyouts? the market is one of the largest in the world and we have continued to look for acquisitions. most recently, we announced the acquisition of citigroup's income business, which is now underway and pe

major transactions are still possible despite the failed deutsche pursuit of lse. with $117 million, the studios first number one open of the year. give sony homecoming a much needed hit after a string of disappointments. babyalso had the film of i driver. loves to talk about elon musk and tesla. he tweeted recently about the model three, and a few hours ago, there you go. , beautiful, out sleek looking, black model three , the first glimpse everyone wants to know, $35,000 retail. >> it is interesting because his stock recently has not done well. with somen sold off concerns about whether or not they can meet the 500,000 model .hree car target can he produce enough batteries to fit in all these cars. equity anr, tesla you can see the analysts recommendations. s have gotten bigger and bigger and the buys smaller and smaller, some more bearish, others point out that the stock has caught up with the average price target from analysts of $303. $313, even with that drop, so it could be bearishness or it has just met everyone's i expect haitians. -- everyone's expectatio