it has been selling out in early screenings despite apparent moves there and the mainland china to limitrelease. >> reporter: the film is called 10 years. it is actually a feature length package of five short films by different directors that fre dikts what life will be like in hong kong in 2025. it is a bleak picture of a city firmly in the grip of chinese communist party control. that's in spite of the so-called one country two systems form of government that is supposed to guarantee hong kong a high level of autonomy. >> the truth is two sides don't work. i believe pre-domestic of street-- freedom of speech. >> reporter: the real life events became woven into parts of the film to connect with the audience. >> some moments during the umbrella movement as hong kong people we could never imagine. i think the tone and the mood become a little bit pessimistic. >> >> reporter: events since then seem to confirm that pessimism. the street violence that happened at chinese new year which many believe was fuelled by discontented youth. the case of the hong kong book sellers who produced works c

they were later found detained or being questioned in mainland china. he he is a dual citizen of britain and hong kong. management of a publishing house that produced titles critical of the chinese government. lee appeared on television and said people have been using his british nationality to sensationalize. people believe it's highly unlikely he made such a statement voluntarily. they say chinese authorities may have forced him to make the remarks to try to prevent the matter developing into a serious diplomatic problem with britain. a spokesperson for foreign ministry denies that's the case they have and his wife given many explanations. we should respect the comments they have made. >> a british government spokesperson said they've been trying to speak to lee, but chinese authorities haven't granted access. . the world of major forces looking to expand their reach. many focused in europe. joining us now from the business desk. so what's the attraction on europe? >> here's the thing, catherine. we've heard two major european forces already discussin

the book sellers were later found to have been detained by authorities in mainland china.wo have returned to hong kong, but details surrounding the cases have not been revealed. although hong kong residents are allowed a high level of autonomy under the one country/two systems principle, the chief executive is appointed by the chinese government. the book sellers' detention is raising concerns among people of hong kong that freedom of speech as well as the region's judicial power are under threat. >>> commuters in tokyo are welcoming a new train equipped with more room. and a cutting-edge control system. it's the first time in 13 years the city's main line is getting new cars. it's to help accommodate the large influx of visitors for the tokyo olympics in 2020. railway fans crowded the station when the train began operating. the train is equipped with more priority seats for elderly passengers and larger spaces for baby strollers and luggage, and it's controlled by a new system that applies brakes on each car with different forces, depending on the total weight of passenge

to the film. >> there is now speculation the up coming hong kong film awards won't be shown in mainland china of the movie's nomination for best picture and combine that with the reluctance of cinemas to show it and film makers can be excused for thinking their to prediction is coming true, rob mcbride, hong kong. >>> thousands of buildings around the world turned off their lights for earth hour on saturday. the annual events seeks to highlight environmental issues and the impact of climate change. gerald tan reports. >> reporter: going dark to shine a light on climate change, more than 7,000 cities taking turns to switch off their lights for an hour at 8:30 p.m. local time. landmarks across russia's capitol moscow with the candles that gathered for the initiative. >> translator: the goal of this event is to remind us of the limits of natural riches and how human life is. >> reporter: paris shows its love for the environment without the usual romantic glow of the eiffel tower. the world's tallest building in dubai sits in the blackness of night. from sidney to taipei millions coming together

. >> this is one of hong kong's lush country parks on the border with mainland china. the wood lands are protected, making the area poplar for limiers. they are on patrol, looking for criminals. >> still alive, i think they will come back later on to cut the other part. >> he runs an eco park on the edge of the park. he and a team of local villagers are witnessing firsthand the disappearance of one of the park's most prized trees, the incense tree, a tree so rare, it's internationally protected. >> especially last year, i think they cut down more than 50 trees. i think within two weeks. >> the trees oil or resin is sought after, but only for traditional herbal medicine but for its aromatic fragrance used in innocence and perfume. the oil is fetching more than gold. with the tree wiped out in china, hong kong has become the target of illegal loggers coming to feed the international trade. >> they not only took the wood, they also took the root of hong kong out of our earth. >> the problem is not just in this park, it's in a number of country parks across hong kong. vill

i don't think housing prices are searching too much and mainland china.ple might have seen prices drop in one or two projects, but in other chinese cities only by less than 10%. uncertainty over the economy and a glut of homes. we have seen prices rebound sharply as the government expand stimulus. we'll get the latest prices in china and about half an hour and see if the recent gains and prices hold steady in february. new home prices rose in january and more than half the city's the government follows. meanwhile, some chinese developers are caring on with business as usual. the third largest developer, even as investors price and a higher risk of default. greenland announced more than $300 million in chinese acquisitions and will list trust in singapore. notes overpread 2024 treasuries as wide and 48 basis points this year. 48 percent of greenland is owned by the shanghai government. says that analyst despite the high debt leverage, greenland's liquidity should be fine because of its state-owned enterprise background. are worriedpeople that such leverage

>> reporter: there is now speculation the up coming hong kong film awards won't with shown in mainland china of the movie's nomination for best picture, combine that with the apparent reluctance with cinemas to show it and film makers can be excused to think the totalitarian prediction is starting to come true. rob mcbride, al jazeera, hong kong. >>> take you live now to rome, there we can see pictures of hope francis in his pope mobile making a procession through st. peters square. are is palm sunday and this procession is marking the start of holy week ceremony. there is the pope in rome. still ahead here all the sport including formula one making a dramatic start for the new season in australia and joe will have all those details coming up. ♪ let's get you all the sport now and here is jo. >> formula one driver is lucky to be alive after a terrifying crash and it was after the australian grand prix and we report. >> reporter: formula one promised it would be back and less predictable than before but after a new qualifying format put the same old faces on front of the grid you would be for

reporter: there is now speculation that the upcoming hong kong film awards won't be shown in mainland chinabecause of the movies nomination for best picture. combined that with the apparent reluctance of some cinemas to show it, and the film makers wouldn't be criticized for thinking their films are coming true >>> lights out for environmental issues, the at all uft building in dubai-- tallest buildings in the world are turned off. this one in dubai and in also in paris, eiffel tower plunged into darkness. hope francis has expanded his presence on social media by joining instagram. he made his debut with an image of himself in prayer. 12 hours of setting up the account he gained 1.1 million followers. >> it sounds like a robot. >> researchers creating sounds that capture individual pers personality giving a face. >> what about your speech. >> my tongue. >> for those in need, new voice technologies that over the sweet sounds of success. >> it is funky. >> yeah. like you. >> this is

sold off in a matter of hours, disney has become a great presence in mainland china. desk now, julie hyman has a look at the latest of the end of march. three months? holiday week for many. not much movement in the major averages. here you have the year-to-date numbers as well. because we are in part not seeing much movement today. the s&p 500 down just lightly. the dow jones gaining three quarters of 1% on the year. the nasdaq remains alive heard -- remains the laggards for the year to date. upside,ownside and the telecom utilities and consumer staples, all gaining on the year . those other groups that are supporting the gains that there have been. health and financials stocks have been lower on the year. that has really been putting pressure on the major averages. a lot of strategists right now have been talking about how stocks are not going anywhere. one last week called it the bunny rabbit market as they look ahead to easter bouncing around but not going anywhere. bloombergk at the 687. this is a chart that we looked at last week, and it bears repeating as this h

most come in tour groups from mainland china and taiwan. the new train that is planning for march 26th, will make easier for people to come on their own. >> it's very useful, because it is much cut the time. >> many firms are exploring ways to capitalize. staff at the tokyo travel agent sell tour packages to hot spots all over the world. now they're setting their sights here. >> translator: fishermen have started offering cruise tours, they're using fishing vessels, which is unique. >> translator: making it easier to travel is the key to expanding the market for tourist activities. so we're taking a close look at ways we can take advantage of the new line. >> managers at the agency dispatched one of the staff to check out its potential. she visited an inn that is more than 80 years old. the chef wants to have guests can try to make buckwheat noodles. >> they should be as thin as this one. >> the chef used the coin to let the guest better grasp exactly how thin the noodle should turn out. >> well done. see, you touched the coin. that means i

. >> there is now speculation the upcoming hong kong film awards won't be shown in mainland china because of the movie's nomination for best of picture. combine that with the relucktants of some cinemas to show it and the film makers can be is a excused for thinking their totalitarian pre-dix is starting to come true. rob mcbride, al jazeera, hong kong. i conic landmarks across the world dim their lights on saturday night to mark the 10th annual earth hour. the event was aimed at highlighting climate change. gerald tan reports. 7,000 cities foage hour at 8:30 p.m. local time. landmarks across russia's capitol moss co illuminated only by the candles of those who gathered for the initiative. >> the goal of this event is to remind us of the limits of national riches or resources and about how fignite human life is paris shows its love for the environment without the usual romantic glow of the eifell tower. the world's tallest building in dubai sits in the blackness of night. from sidney tie pay, millions coming together to raise awareness about the environment. >> i am mostly here to support

it was depicted as a major blunder, but wasn't covered in the media of mainland china. >>> experts say overcapacity in heavy industries is putting a serious drag on china's economy. the cement sector illustrates the problem. chinese firms can produce more than 4 billion tons of cement annually, but sold only half that amount last year. leaders in the main production areas are trying to make changes. but as nhk world's reporter tells us, it hasn't been easy. >> reporter: they have nicknamed this area cement culture. the deposit of limestone is a key ingredient of cement once fueled the area's growth. but now the factories' workers are struggling as china's economy slows. coentigreements with 35 firms and shut them down. they cut local capacity about i by 40%. raw materials have been left behind. thousands of workers have left. the local economy has taken a hit. a shop keeper and other businesses have lost business. >> translator: our sales last year were worth what we would make in a month in past years. >> translator: we need other types of factories and industries to help solve the un

film. >> reporter: there is now speculation the upcoming hong king film award won't be shown in mainland china because of the movie's nomination for best picture. combine that with the apparent reluctance of some cinemas to show it, and the film makers can be excused for thinking their totalitarian prediction is starting to come true >>> much more on the website, aljazeera.com firefighters in the u.s. are more liabilities to die by suicide than by fighting fires. in 2015 alone more than 80 firefighters killed themselves. but the numbers could be higher because most fire departments to not track suicides. it is a subject that's rarely talked about in the fire service. >> the average person can't

reporting signs of illegal harvesting of what they believe is the work of gangs across the board in mainland china. if this kind of activity continues, the fear is that this tree will become extinct. this is the last commercial plantation of the trees in hong kong. there are 6,000 plants. mostly young. they hope to replace the illegal trade and feed an industry they say is worth up to $12 billion u.s. a year. >> it's a value that $1 million u.s. dollars. it's the older trees that are considered the most valuable. as well as incense, it is used for luxury wooden artworks. demand falling well short of supply, conservationists want the government to step in and protect what is left. >> i think that within this few years the trees will be disappeared in hong kong. >> with just 16 people arrested for illegal felling hast year, the state of this rare scented wood doesn't look bright. al jazeera, hong kong. >> well, there's plenty more video along with the latest news and sport. and analysis and comment on our website. take a look at www.aljazeera.com.

visitors are reporting signs of illegal harvesting that they believe to be the work of gangs from mainland china. if this continues the fear is this tree, which is threatened, will become extinct. this is the last commercial plantation. there are 6,000 plants here. most are young. but all are sustainbly groaned. they hope to replace the illegal trade and feed an industry that is worth up to $12 billion u.s. dollars a year. >> it is valued at $1 million u.s. dollars. >> but it is the old trees that are most valuable. it is used for wood artwork. conservationists now want the government to step in and protect what is left. >> i think within this few years the trees will disappear in hong kong. >> with just 16 people arrested for illegal felling last year, the fate of this rare accidented wood does not look bright. >> now the outskirts of cape town are among the toughest areas in south africa where children face an uncertain future. but there are those who help children escape poverty and unemployment. >> it's soccer not cycling that most south african youngsters are inspired here. but here bmx bik

really led by japan and north asia, mainland china markets. i can't help but feel that we've seen risk on, risk off. it's almost like mr. miyagi and "karate kid." underlying stresses in our region have not gone away, largely external challenges and the pressures there. i continue to maintain these sort of gains are going to be fairly temporary, fairly illusory for the broader market. i don't think they can be sustained. anyway, let me talk about china. we saw a big move there. 4% plus for the major indices in mainland china. it was really down to the external forces. wall street was stronger. the u.s. data was stronger. the oil price was firmer as well. so a big move in resources. let's not forget what moody's did today. the ratings outlook downgraded because of the debt situation. the corporate credit and corporate overhang in terms of the debt is quite sizable. i had somebody tell me in the region about 160% of gdp. herein lies a problem. when the economy is making this transition towards the consumer, away from an investment-led growth, the

. >> there is now speculation the upcoming hong kong film awards won't be shown in mainland china becausethe movie's nomination for best. combine that with the apparent reluctance of some cinemas to show it and the film makers can be excused for thinking their totalitarian pre-dix is starting to come true. rob mcbride, al jazeera, hong kong. >> iconic landmarks dimmed their lights on saturday night to mark their 10th annual th hour. the event was aimed at highlighting climate change and millions turn off their lights for an hour. gerald tan reports. going dark, more than 7,000 cities taking turns to switch off their light for an hour at 8:30 p.m. local time. landmarks across moss co illuminated by the candles of those who gathered for the initiative. >> the goal of this event is to remind us of the limits of natural limits, resources and about how finite human life is paris show its love for the environment without the usual romantic flow of the eiffel tower. situate in the blackness of night. from sidney to taipei millions coming together to raise awareness about the environment. climate

in particular, the big buyers from mainland china. the contemporary art market is still young in china and this art fair ask about sales as much as educating the local audience. >> the art collecting and buying in this part of the region is still traditional conservative aclassical chinese art, but the thing about asia, like so many other things, is that people learn very quickly >> reporter: the economic downturn appears to have put a dampener on the sales. even so, the organisers are optimistic about business this week. >> we do have a lot of chinese coming as well. we've got australians, japanese, koreans, collectors from south-east asia. it will be a great show >> reporter: one they hope will bring a fresh perspective on asian contemporary art >>> afghanistan's cricketers are all but out of this year's twenty20 tournament. they have been playing internationally for the past 15 years but has risen steadily in the ranks. >> reporter: practice makes perfect and the afghan cricket team has been working hard to make it this far in the

translate to greater interest from local and regional collectors, in particular, the big buyers from mainland china. >> reporter: the contemporary art market is still young in china and this art fair is about seams as much as educating the local audience. >> the art collecting and buying in this region is still traditional conservative classical chinese art, but the thing about asia, like so many other things is that people learn very quickly >> reporter: the downturn appears to have put a damper on the market with art auction sales across china down on previous years. even so, the organisers are optimistic about business this week >> we do have the mainland chinese coming. we've got australians, japanese, koreans, a lot of great collectors. i think it will be a great show >> reporter: one they hope will bring a fresh perspective on asian contemporary art >>> for all the latest news and analysis, you can head to our website at aljazeera.com >> i'm ali velshi on target tonight the bombings in belgium. how a tiny country has become a big focus in the global fight against terrorists. what a harrowing

reporting signs of illegal harvesting in what they believe is the work of gangs across the border in mainland china and if this continues, the fear is that this tree will become extinct. this is the last commercial plantation here. there are just 6,000 plants here. the capital hopes to replace the illegal trade and feed an industry it says is worth up to 12 billion u.s. dollars a year >> there are numerous examples of pieces sold close to here. >> reporter: it is the older wild trees which are considered the most valuable. as well as prayer beads and incense, it is also used for luxury wooden art works. with demand falling well short of supply, people want the government to step in and protect what is left >> i think that within this few years, the trees will disappear in hong kong. >> reporter: with just 16 people arrested for illegal felling last year, the fate of this rare scented wood doesn't look bright >>> a palestinian has won the global teaching prize for her work with children caught up in violence. she beat nine of the finalists who had been short listed from more than 8,000 nominations w

the index hit a two-month high following that rally in mainland china. seoul's kospi index, let's take a look, see if we can get that up. little change. 0.4% rise. still managed to stretch its winning streak to a fourth day. indonesia rose by 1.3%, climbing to near eight-month high. >>> "newsline" has been covering china's national peoples conference in beijing where delegates have been discussing the state of the economy. leaders in the country are under pressure to halt volatility in financial markets and put an end to the economic slowdown. last june the shanghai index hit its highest point in more than seven years and then dropped sha sharply. behind the price plunge was the central bank's decision to lower its daily reference rate. the number serves as a yardstick for the yuan-dollar exchange rate. market participants saw chinese authorities are apparently deevaluating the yuan in order to increase exports. >>> last weekend, chinese officials in charge of monetary policy and supervising financial institutions spoke to news media. nhk's senior commen

record, suddenly the cinema will tell the viewers. >> reporter: the awards weent be shown in mainland chinabecause of the movie's nomination for best picture. campaign that with the apparent reluctant of some cinemas for showing it, they could be excused for thinking that their totarialism view is coming true >>> thank you for that. more news from doha straight aahead. goodnight. goodnight. >> at 9:30 - "america tonight" - top investigative reporting, uncovering new perspectives. >> everything that's happening here is illegal. >> then at 10:00 - it's "reports from around the world". >> let's take a closer look. >> antonio mora gives you a global view. >> this is a human rights crisis. >> and at 11:00 - "news wrap-up". clear... concise... complete. >>> worldwide condemnation after a suicide bomb attack in the heart of istanbul kills five people. you're watching al jazeera live from doha. also on the program, preparations begin to put in place the controversial e.u.-turkey deal on refugees. french prosecutors say paris attack suspect salah abdeslam wanted to blow himself up but later changed

that in the future the connection will be able to expand to the ipo market, so people can and mainland chinaong by for the ipo. rishaad: there are a lot of reforms that need to be undertaken. does hong kong retained its position as the number one place this year? , then hongssumption kong will maintain its position, top position. rishaad: great to have you on the program. news, thecap breaking pment banklop and prediction that china's slowdown shows no signs of abating, but growth slows to 6.5% this year, the minimum set out by the government. growth will slow down even further the following year, 6.3%. china's efforts to rein in debt, supply-sider reforms come emerging labor shortages come all contrived together to produce a negative impact when it comes to growth. different story for india, adb sang growth there will be 7.4% ins year, improving to 7.8% 2017. right, you're watching "trending business". right back after this. ♪ china is tightening its grip on the internet, drafting new laws they could ban the two most popular web domains. tom mackenzie is here in the studio having a look. wh

real estate purchase by a buyer from mainland china.as been no comment from bloomberg or anbang on this deal. anbang has been adding to its u.s. purchases. ought the waldorf astoria last year. that was majority-owned by blackstone at the time. it also bought an office fifth avenue as well. they may continue to be going shopping in the u.s. yvonne: we have seen chinese insurers step up when it comes to u.s. real estate, particularly in luxury. >> that's right. the rules loosened up a couple of years ago, so they have been able to invest more overseas, but specifically in high properties, mature commercial assets in prime locations in cities and 25 markets. the waldorf a story of for example, the lords of london building, so good -- the waldorf a tory a -- a story china's property market continues to see outlook pretty bleak, so maybe going further afield there. thank you so much. china's ongoing national people's congress has heard soaringublicity about property prices, and that is despite growing concerns of a new bubble. an increasing

film >> reporter: there's no speculation the upcoming hong kong film awards won't be shown in mainland china because of the movie's nomination for best picture. combine that with the apparent reluctance of some cinemas to show it and the film makers can be excused for thinking their totalitarian prediction is starting to come true >>> now you can get all the sport with robin. >> reporter: thank you very much. football first. manchester united have given their hopes of a top four finish a big boost. with the only goal, the 16th minute strike from the 18 year old makes him the youngest scorer in the fixture. they are just one point off the champion league place. >> i'm very happy balls otherwise the game was too big when they won or a draw is still four points. it should be very difficult. now it is in our own hands, i think. we have to win our games. we have more home matches than away matches. we don't lose so much on old trafford, so we have a big chance. >> reporter: also on sunday, newcastle drew is sunderland. >> they have arsenal and manchester city went into reviews and it's true that

from the international organizations is the persistent opposition of the communist government of mainland china. but china's opposition puts policies -- politics, i should say, over the safety and security of people. in a world where terrorism and international drug and human trafficking networks are global in scope, the response must be coordinated globally as well. at this time, taiwan relies on delayed second-hand information from the united states about international criminals in criminal activities, making it more vulnerable to security threats. likewise, taiwan cannot share the law enforcement information it gathers to the benefit of interpol members. it makes no sense to exclude taiwan from interpol due to a political pique, just as it makes no sense to exclude taiwan from the world health organization, another example of the government of mainland china putting politics over the health and safety of people. but there is another reason for having a good global citizen such as taiwan as a member of interpol. interpol is an organization that is in need of reform. a number of authoritarian

both mainland china and taiwan are part of this one china. therefore, when taiwan holds the day pie island from the chinese perspective in the mainland. it's the same as if mainland is holding the taipei island. therefore the sovereignty applies to these islands. i will say that eventually main lands china and taiwan will need to cooperate in sticking to the same position of chinese seventy over the islands in the south china sea. on the other hand, between china and vietnam and china and the philippines, for example, indeed, there are territorial disputes involving some of the islands in the south china sea and these need to be resolved by peaceful means through negotiations between china and vietnam on the one demand and also between china and the philippines on the other hand >>> as far as beijing is concerned, that is to completely ignore the understandable fears because if you're the government in vietnam, if you're the government in the philippines and the big very powerful, very well-resourced local super power, is literally building is

signs of illegal harvesting and what they believe is the work of gangs from across the border in mainland china. if this kind of activity continues the fear is that this tree which is threatened will become extinct. this is the first legal plantation ever agar woods, most are young but sustainably grown. hoping to replace the illegal trade and feed an industry up to $12 billion u.s. per year. >> in a shop very close to here that's a value that $1 million u.s. for an ager wood bracelets. >> it is the older trees that are considered the most valuable. as well as prayer beads and incense it is used for artworks. preservationists want the government to step in. >> the trees will disappear in hong kong. >> the fate of this rare scented wood does not look good. >> still ahead on al jazeera. joint russian and eu effort to find life on the red planet. and in sport the big names make their entry into cricket's t 20 with india taking on new zealand. details coming up next. >> welcome back. a quick update now on our top stories. you've been watching us on al jazeera, you know the russian president vladimi

. >> there's now speculation the upcoming hong kong film awards won't be shown in mainland china because of the movies nomination for best picture. the some think their prediction of totalitarian prediction is coming through. >>> a detachment of u.s. marines is said to be on the ground in iraq to help the fight against isil. a press release from the u.s. military says the 26 marine expedition forces on the ground in iraq in consultation with the government of iraq, combined joint task force, operation inherent resolve has sent a detachment of u.s. marines from the 26 marine expeditionary unit to coalition ground allegations to fight isil. that breaking story, more in the next few minutes here in al jazeera. in the meantime, it's time for sport. >> the fact that the spaniard could walk away with no office injury proofs the changes made to safety are a step in the right direction. ferrari's hopes of dominating went up in smoke when this tar had to be put out with an extinguish every. when teammates came in for a bungled tire change, the lead was snatched for mercedes. the german clinched t

will continue to be the transmission mechanism that will color sentiment associated with the mainland china markets and what happens with capital outflows, and liquidity conditions. that's where we stand. back to you. >> thank you very much for that. >>> let's switch topics. the german finance minister told the bbc that a brexit would be poison to the british, european and global economies. he warned of the disadvantages the uk could face. >> translator: of course there are countries within europe that are part of the market but they have to pay within the budget of the community and accept the free movement of people so they have all the disadvantages of the common market and they're not involved in the decisionmaking progress of the internal single market. >> john longworth has resigned as director general of the british chamber of commerce after speaking out in favor of a brexit. the organization decided not to campaign for either side in the debate and mr. longworth's personal views may have caused confusion. longworth was suspended on friday leading to concerns that he was forced out.

signs of illegal harvesting of what they believe is the work of gangs from across the border in mainland china. if this kind of activity continues the fear is that this tree, which is threatened, will become extinct. this is the last commercial plantation of the trees in hong kong. there are just 6,000 plants here. most are young. but all are sustainbly grown. they hope to replace the illegal trade and feed an industry it says is worth up to $12 billion u.s. dollars a year. >> numerous examples in a shop very close to here valued at $1 million u.s. dollars about. >> but it's the older wild trees that are considered most valuable. it's also used for luxury wooden artworks. with demand falling well short of supply, conservationists want the government to step in and protect what is left. >> i think that within this few years, the trees will be disappeared in hong kong. >> with just 16 people arrested for illegal felling last year, the fate of this rare scented wood does not look bright. sara clark, al jazeera, hong kong. >> lots more to come on the al jazeera news hour. calls for kim jong-un to

hang seng gained about 1.2% after very positive data coming out of main mainland china over the weekendkyo, japanese shares followed u.s. and european markets higher and machinery orders actually jumped 15%. that boosted confidence as well. nikkei jumping about 1.8%. reached highest level in over a month. over in south korea, the kospi traded flat as they wait for the fomc later this week. lauren: tracy you, thank you very much. stocks are trading to the upside. cac in paris is up 23. the dax in germany up 160 points. that is big gain of 1.6% this morning. nicole: after four weeks of gains, a little bit of a pull back for the dow. down just three. we're off lows of the morning. s&p down almost two. nasdaq looked at a little bit of green. giving it a try here, folks. lauren: can you believe the dow and s&p are only down 1% this year? it certainly has been rally past couple weeks. oil at 37p .72. gold at 1256 an ounce down $3. nicole: extreme weather wreaking havoc coast to coast this weekend n louisiana nearly 5,000 homes have been destroyed by floodwaters in the past week. at least five

a rebound in mainland china. that helped the rest of asia. indian stocks like what they saw in the budget. the market outperforming today, up by 3%. that's where we stand. back to you. >> sri, good to see you. thank you. let's talk about the currency markets and how to react on all of this news in currencies. global head of foreign exchange strategy is with us. good to have you with us this morning, hans. pmi data weak across the board. do we go short, euro heading into a weaker data front. >> as the euro is going to come under selling pressure from various fronts, as we decided to establish a euro short position at 113.5. . the first impression is we were assuming a more positive risk outlook. we did see this correlation between risk and the performance of euro-dollar. what we think now is happening, we have factors driving the euro lower, which are clearly related to the european economy. you mentioned the pmi data. we have seen three consecutive. the european central bank is going to swing back. the only question is how are they going to d

. >> reporter: there is now speculation the upcoming hong kong film awards won't be shown in mainland chinathe movie's nomination for best picture. combine that with the apparent reluctant of some cinemas to show it and the filmmakers can be excused for thinking their totalitarian prediction is starting to come true. rock mcbride, al jazeera, hong kong. >>> still ahead on al jazeera, lights out for balloon he had earth. parts of the earth go dim to highlight climate change. >>> in sport well tell who you came out on top in the manchester derby. ♪ ♪ ((úz@úxóxkxÑ($9 >>> the event was aimed at highlighting the evenings of climate change and so millions of people across the planet turned off their lights for an hour. gerald tan reports. >> reporter: going dark to shine a light on climate change. more than 7,000 cities taking turns to switch off their lights for an hour at 8:30 p.m. local time. landmarks across russia's capital moscow he looms nateed only by the candles of those that gathered for the initiative. >> translator: the goal of this event is to remind us of the limits of natural ric

china, how can samsonite grow there? you're expanded into distribution, non-travel products sales, how can you give a lift to prices in the mainlandina, you have to be smart now to do well. the consumer i think has become very discerning. there are some interesting opportunities, specially e-commerce, tv home shopping. we also have a good spread of rounds from premium down to the lower end of the market. a good spread of brands from freemium down to the lower in the of the market. swings,lso saw currency how has that affected margins? >> good news on import prices, bad news on dollar. hasimpact of currency outweighed effectively some of the benefit we have had on import prices. there are shifts and margin, which are due in part to different brands doing well, and also due to distribution channels as well. rishaad: that was the samsonite international chairman, tim shares.a 3% gain for let's look at what is happening over all. premarket up by 1.5%, similar gain for the futures contract as well. before you go to break, it is happy thursday, specially in denmark. the country has regained its title as the happiest in the world in an a

increasingly reporting signs of illegal harvesting in what they believe is the work of gangs from mainland chinaif this kind of activity continues, the theory is that this tree, which is threatened will become extinct. >> this is the last plantation of wood trees in hong kong. there are just 6,000 plants here. most of young but all of sustainably grown. >> there are numerous examples. that's a value that 1 million u.s. dollars. >> it's the older wild trees which are considered the most valuable. as well as prayer beads and innocence, it's used for luxury wooden art works. with demand falling well short of supply, conserve rationists want the government to protect what is left. >> i think within a few years, the trees will disappear in hong kong. >> with just a few people arrested, the scent of this wood doesn't look bright. >> we could see late season snow. nicole mitchell. >> what? >> you guys were already upset about the daylight savings thing. >> it just keeps getting better. >> over the course of the weekend, i have this paused back into yesterday, but seeing a lot of mainly come in through

i spent five years working in mainland china for proctor and gamble and saw the first-hand challenges they face environmentally over there. i am concerned if we don't continue to lead and investment in clean fossil fuel technology we may advocate that leadership perhaps to china, india, or somewhere else or nobody takes the reins perhaps. i think taking away money from one of the few larger scale clean coal technology programs and repurposing it for the projects is troubling. this is a time when the administration and the epa power plant is threatening to take away affordable power from the grid, such as the case with the coal strip plant in my home state of montana. the question is why are we undercutting projects applying clean coal and carbon capture technologies at a commercial scale? >> let me make a few points, senator daines. first of all, by the way i might note today there was an article that china announced its coal use went down by 3% in one year. they probably have peaked in terms of use and are closing another thousand coal mines in china. that is an interesting developme

and it's the only place to gamble in all of mainland china. >> until japan opens up. >> but that won't happen until 2020. >> or the philippines. >> the philippines, it's still -- >> still early days. >> early days. >> still ol gonely, that's a plus. >> ebitda multiple has to be taken into account. and then also growth trends in the chinese and asian markets that are much more substantial than enough the u.s. >> last quick question, what's your top pick given massive run over the past month of all of these stocks into these numbers? >> i still like mgm quite a bit here. >> so the least mccow centric game you like the most. >> because i think a lot of the run up has been around mccow. mgm created a good quarter. i know there were on theics that made it not look as good. but they are going to ipo their property r eerks it soon. you have cost savings measures that will grow ebitda by $300 million over the next couple of years and vegas is doing very well. and their property in mccow is positioned in the middle of coti, and it's going to more than double their footprint there. >> adam thank

i spent five years working in mainland china for procter & gamble and saw firsthand the challenges they face environmentally over there. and i'm just concerned that if we don't continue to lead and invest in clean technology, clean fossil fuel technology, we may abdicate that leadership perhaps to china or to india or somewhere else or perhaps nobody takes those reins and leads with it. so, i think taking away money from one of the few larger-scale clean coal technology programs and repurposing it for other projects is troubling. and this is at a time when the administration to the epa power plan is threatening to take away affordable power from the grid such as the case of the coal strip plant in my home state of montana. so, the question is, why are we undercutting projects that are applying clean coal and carbon capture technologies at a commercial scale? >> well, let me make a few points, senator daines. first of all, i might just today there was an article that china announced that its coal production -- its coal use went down by 3% in one year. they probably have peaked in terms o

i spent five years working in mainland china for procter & gamble and saw firsthand the challenges theyface environmentally over there. and i'm just concerned that if we don't continue to lead and invest in clean technology, clean fossil fuel technology, we may abdicate that leadership perhaps to china or to india or somewhere else or perhaps nobody takes those reins and leads with it. so, i think taking away money from one of the few larger-scale clean coal technology programs and repurposing it for other projects is troubling. and this is at a time when the administration to the epa power plan is threatening to take away affordable power from the grid such as the case of the coal strip plant in my home state of montana. so, the question is, why are we undercutting projects that are applying clean coal and carbon capture technologies at a commercial scale? >> well, let me make a few points, senator daines. first of all, i might note, i think just today there was an article that china announced that its coal production -- its coal use went down by 3% in one year. they probably have peak

chinae today in mainland or their -- more than 50 apps. more.to build the engagement is going up so they're generating more and more revenue and pockets overtime. the growth of the internet service is quite sufficient. this is the most important sign of a successful business model. >> you mention about global expansion and value are interested in entering the u.s. market. take us through the steps you are doing on that front. >> our international expansion over the last couple years have been focused on the two markets. this year, we are refocusing a ton of our work on india. india is a fast-growing market. course are thinking about the u.s. as well. on our radar but it's a bit .oo far for us up next, death to paper checks? the hong kong stocks offering an alternative name and method. right after this. ♪ >> these are the stories making headlines around the world. and cubanbarack obama president raul castro have shaken hands and have been a. havana, cuba. both men highlighted deep differences over human rights and governance. obama: the relations