taking steps in mongolia.d about with the man many would like as the next resident of we go to jakarta later. >> i am watching the market on this tuesday, and the big news we are waiting for is coming from japan. traders are on the lunch break going into that session. we are up about 9/10 of one percent. i bet those traders are not far from their desks because they are toning down the bank of japan these vision. theough surveyed expect bank will hold. later incted to expand the year. the other impact has been news from china. at the lowest are in two months. repurchase contracts for the first time in eight months after data showed yesterday new credit was expanded in january.

maker of hush puppies puts its foot down in mongolia.ext when "first up" returns. ♪ >> it is 7:30 a.m. here in hong kong. this is a long and foggy look outside. we are hitting the high of the day, about 18 degrees. we're 30 minutes away from the open of treating in japan and south korea. where awaiting the doj and its and the rate decision -- and its rate decision. you are watching "first up." lower costs but more ore. bhp jumps in sydney after posting strong results. the slowing economy and india leads investment banks to beat a retreat. and if you show goes before the board in paris today. good morning to you. i am angie lau. 200 started the day off in the green with gains and let's see how things are doing. bhp billiton, one of the big gainers on the board today along with minors. 1/5 of 1%.ing with minutes of its last meeting when it signaled to years of rate cuts. we are seeing -- not saying gains. it is fractionally lower, 48.93 -- 4893 is the number. zealand dollar weakening. let's get over to japan. 225 .5 ofi to 25 -- 1% up. the

in 200 countries including mongolia.e look at their strategy in a cold climate. >> mongolians choose their footwear carefully before stepping outside. it is one of the coldest capital cities. temperatures can be 40 below. that makes the needs of consumers very different from elsewhere in asia. much theians like very outdoors. we are focused on the work boots , which is a product for the minds. -- mines. we also think there is an opportunity for a rugged product. this is a rugged terrain, and we think the rugged casual boots will also be very successful in mongolia. >> today it is 26 degrees below zero. the thought make it -- does that make it a unique market? record is unique and not completely unique. the footwear business is quite popular in russia. >> you have been here in five years. how has mongolia changed during the last five years. >> our focus has been on thattrial products, and product doesn't change. it's not so fashion forward. it's normally funny colors, brown colors, black colors. i think as we expand our s

and some of you will have another employee of mongolia on thursday. this was how a smart japanese company is making inroads into the country's food market. i can see we rescued after more than one year etsy as being taken for medical examination officials are trying to verify his survival story. jose silva don't tell the tango from the el salvador i departed from mexico in december two thousand and twelve. his goal was controlling gusty winds he drifted put thirteen months in the pacific. lee was found in the marshall islands last week alan and i said he started with a companion who died a few weeks after the hamas he said he survived the ordeal by catching fish seen parents and tackles. many are reporting a dramatic rescue but much of what happened during his ten thousand km journey is still a mystery in two thousand snakes and other mexican fisherman was rescued someone is near them i silenced existed for about nine months across the pacific ocean. it's time now for the latest in whether people in tokyo i enjoying sunny blue skies this morning quite

willink the casual boots be very successful in mongolia. consumer is looking for pretty much what the rest of the world is looking for, the internet is shrinking the world. there is a lot of -- there is not a big difference between what the asian consumer is looking for and the rest of the world is looking for. >> either markets in asia that will bring is not in but would like to get into? thatat is the philippines, is more of an intellectual property reason. another market we think we could do well in is the indonesian market, we are looking and screening distribution partners for indonesia. o facing down the competition again at the box office, which other movies do well? we will tell you after the break. some movies using kick started to get started, that is coming up and pop. ♪ onthis is "lunch money" bloomberg television. streaming live on bloomberg.com, i am adam johnson. it again,ovie does the film scores top spots at the box office second week in a row. 63 million viewers between valentine's day and president's day alone. the second

in sochi -- they have one in mongolia. >> in mongolia?z many companies are in mongolia. >> our advice is to find franchise partners that know what they're doing. a lot of turmoil in sochi was because you had to do a lot of things in a short amount of time. we knew this was coming. your local partners because there's nothing war-torn and local knowledge. your local partners, because there is nothing more important than local knowledge. >> the aol ceo got a lot of 401(k) change comments. this.re are two aspect to it started high-level, but everybody has it now. the company encourages you, and ops unit some point -- ops you in at some point. it is not considered something that is an absolute birthright. a new next year for the hamburger today. he makes matters worse i criticizing obamacare by the reason that being the reason you have to cut back, and motherhood, but that is something you never do. he recovered quickly, and reversed everything, and did so with an apology that nobody could object to. >> that was damaged control. >> of a very h

we are developing a copper gold mine in mongolia. two very large projects. .ssets in commodities >> on that project in mongolia, are there not delays right now in terms of building out that because you're negotiating with the mongolian government over unding financing? how are they going and what are the obstacles? >> no obstacles as such. these are complex and go see asians and will be very long run. it is important to get it right and it is important we sit down with the government and work through and clear all the issues commit billion's of dollars to take the project forward. it is a good project and all sides want to see the project go ahead. we'll be good for the people of mongolia, as it will be good for the shareholders. i should also mention phase one, the open cup, we are shipping to customers. everything is going very smoothly there. >> there is work delayed. if there are no issues, what is going on? >> there is a minor delay. as you ramp up any project. there are things you need to settle down. but the point i was making

." >>> to many mongolia evokes images of sweeping plains and blue skies. but people in ulan bator have seen rapid economic growth that's changing the face of the capital. and they're choking on clouds of bad air. >> reporter: a felt belt can be clearly seen between the blue sky and the ground. it may look mysterious. but it's actually a layer of airborne pollutants. in winter, thick smog engulfs ulan bator. it even slows down traffic, as visibility falls to less than 20 meters. >> sometimes i find it so hard to breathe in the morning that i can't go outside, and my mouth and nose get sore. >> reporter: naturally, the main factor behind the smog is the growing concentration of people in the capital. the number of households is increasing by 10,000 every year. now, ulan bator accounts for almost half of the nation's entire population. most of the newcomers from nomads from rural areas seeking jobs in the city. they move in one after another with their traditional portable houses known as yurts. the heaters typically found in these structures are soviet made.

mongolia sports and competition. there is some very different look to the previous guidance. that is because a dozen new competition some liken it to a group in russia and the alp vic mails to a golden opportunity to catch up with one of the new s olympic champs in one of the new us olympic sports. joe mays to read about the first ever win two olympic gold medalist in women's ski jumping. join now mike reno vote olympic ski jumping champion how to set some tea. i cannot believe that what's happened yesterday in. it says so could that mean it's it's just amazing to be good friends that woman the same time. did you think about the history that you made not just first of the pictures chairman in your also first title. and. yet the ingredients. to take a few more days and just think about what's happened since i've seen. he'd tell me what was going through her mind after your second child until the moment you realized you're gold medalist i think i was just blown away because the dressing was amazing i haven't won a world cup and two melons to be the first podium of the union thi

this is a trainee from mongolia issue is working with us. so reserved our order he carried his fortunes in one forty am for peeking at the cooking of the rights to be printed on the backs the bbc over and told him it is a new joint venture with toll to invest in. he told them to farms rice portion from the end of the team on board. if it was shipping applies to rise from richard hammond a key supporting she even owns it who didn't get to really taste good. he was all worth it am forced to put their share of costume. this is a creamy rice from the gut to this re do it in twelve of the industry is very good quality. he did i look forward to working with you the tories or assault team for gold so calm i can shop was too tired to rise the hound of rice bowl with megaphone was a french maid to bring so ago or so expressing to japanese this type of cooking rice if this is how it tastes when it's freshly know. it's their missions. eating freshly meal rice before. he's quite nice money or the mall with japanese rice farmers and distributors continue

kyrgyzstan, mongolia, you name it. we talked about distance, how far australia was. we were down under away from the rest of the world. i think it's now down under to down wonder. and the power of proximity has changed from the tourney of distance. we're in the same time zone. we have strong economic links. when i go to a country i try to go to key decision makers, the government, central bank, trade unions, business groups. i just get a feel for an attack on their own country and then i try to talk to the australian businesses, the american and british economists to find out what foreign investors are thinking of. >> good day. how are you. here's my passport. as we host the g20 in australia, it's quite a pivotal time. we just signed a tree frayed agreement with tore ria. we're moving from the mining boom to the dining boom due to the great demand for agricultural produce. we have a clean green supply of food. we used to be known as china's quarry and japan's beach. if you look at our architecture building up all over a asia and a lot of professional services we prov

needed the resources to keep going, wanted to fight the war in southeast asia and the debacle in mongolia where these battles were fought, the debacle basically meant the end of the strike north action. >> can i get a second question? >> we can come back to you. >> interested in tojo, to what extent was he trying to ride herd on these factions and move japan toward being a more centralized less sectional system? >> at what point are you talking about? >> what little i've read indicated that he was trying to be more -- japan was very fractionalized without chain of command so to what extent was he trying to change that? >> he was into efficiency because he was -- >> and able bureaucrat. >> very able bureaucrat with individual notes about people he dealt with every day of his life and held a grudge against people and punished them and so forth but he did try to centralized and also his primary motive was to help the emperor because he was a very devoted servant of the imperial institutions so when he was appointed prime minister in october of 1941 the first thing he tried to do was to avert

it's considered a mongolia which means warrior. there's warriors and there's gangsters or whatever.e don't have to be told what to do, a warrior knows what to do. >> galvin made it clear that knowing what to do inside corcoran meant stabbing his enemies. >> i was on the yard and i stabbed a white guy like 17 times or whatever. from there, they took me to ad seg, and yeah, i stabbed another white guy. and that's what got me here. >> galvin's violent ways in prison landed him in corcoran's secured housing unit, the shu, a 24-hour lockdown, reserved for only the most dangerous inmates. but galvin told us that his predatory ways began on the streets of fresno. >> i used to kidnap people and hold them for ransom. like, you know, you've got the college kids out there, you know they've got money, they're in college. so you know, you just take one of them. >> how? >> by force. >> how? >> just grab them by the neck and put them in the car, you know? have them call their parents and have them wire money to an account. you know, that's about it. after that you let them go, if they put the mone

spend our -- if spe spe you'pere fam iar with him, ourim, ou, ou, 24th season in the gobi ofn in tob mongolia. ol c' leave because there'sus just too much great stuff out there. >> what se >>the world>>the wod you do? >> cer there are severalhere areeral eral museum n al alory. y. the smithsonian in wsmitngton and, of course, thd, oitishthd, oit museum. s unique about ours,bouts, though, is the scope, because scope, because e covers all the coverscal sciences, earth and planetaryetary sciences, scsics but als scls sc sc anthropology, modern anthropology was born at the was museum with france boas andfrance b b et meade and most meade and have that. have haveave 200 research sci200 sts0 on staff. mike heads up the whole research se a we get to rec wec nderfu peoplenderfu peoplenderpeoplepeop i d say you're lsaking atsaki kitwo of the things i' themostngroud of over the time i'r the een i'e recruiting neil and bringingd brind d them to the hayden plao tarium. plao tamaking mike the provng mike the those o be two g o . o . >> tell me what's l anged in alll anged in of you? d in you? in ? what' w

you know, we did spend our -- if you're familiar with him, our 24th season in the gobi of mongolia. we can't leave because there's just too much great stuff out there. >> rose: what museum in the world compares to what you do? >> certainly there are several other great museums of natural history. the smithsonian in washington and, of course, the british museum. what's unique about ours, though, is the scope, because it covers all the biological sciences, earth and planetary sciences, astrophysics but also anthropology, modern anthropology was born at the museum with france boas and margaret meade and most don't have that. we have 200 research scientists on staff. mike heads up the whole research enterprise and we get to recruit wonderful people. i would say you're looking at two of the things i'm most proud of over the time i've been there recruiting kneale and bringing them to the hayden planetarium. and making mike the provost. those have to be two good ones. >> rose: tell me what's changed in all of you? what's changed over the years if you look at digitization certainly an impac

capacity tend to pass laws which says foreign companies have too hired nine mining workers from mongolia for every foreign worker that they bring in or they will task the wages of the foreign worker by 15%. they will find different ways to try to limit this influx of chinese labor. the chinese laborers are much harder workers. you see this again across-the-board whether countries in africa or southeast asia. there's this sense that workers in one of the interviews that we did the chinese officials said they want holidays. they won't labor unions and this kind of thing. the chinese workers will work seven days a week and 12 to 18 hours a day. so in many respects when it comes to issues of labor and the environment and transparency with the chinese how they work at home is how much -- is very much how they work abroad. later perhaps in our discussion i would love to talk about the way this is changing because there are a lot of treasures on china both of me outside and then from the bottom up within china. as we see better practices in terms of corporate responsibility to china on the home

you mentioned mongolia just briefly, but there's also a a very different relationship with central asian republics in vietnam, for instance, vermont, bmr and of course the whole issue of the south china and east china sea. can you address the sorts of things in a very quick trip around the block so to speak? >> well, let me take a perspective that men may be michael will talk more about the resource aspect of it. i think it is just a fascinating case that he and many respects. you look around asia and china is a very different relationship emerging at this point in time. central asia now, where china seems to be a team not only the physical backyard, but also political backyard. scarcely a set of countries with whom china is more politically antoon than some of the authoritarian states of central asia. as they are developing pipeline rupture, they're also building stronger political relations with these countries. through the shanghai cooperation, all sorts of security ties. in contrast cc many southeast asian countries right now under quite a bit of stress. despite the fact china has ca

you mention mongolia briefly but there's also a different relationship with central asian republics and south vietnam for instance, burma, myanmar and of course the whole issue of the south china and east china sea. can you address those sorts of things in a very quick trip around the block so to speak? >> let me take a 30,000-foot respective and michael may want to talk a little bit more about the resource aspect of it. i think it's a fascinating case study in many respects when you look around asia and china's very different relationships that are merging in this point in time. central asia now where china seems to be, not only its own physical backyard but also its own political backyard. there is scarcely a set of countries where china is more politically in tune with some of the authoritarian states of central asia. as they are developing their pipeline structure they are also willing stronger political relations with these countries. the shanghai cooperative organization for example tighten security ties. in contrast you see many southeast asian countries right now under quite a b

they are trying to move away oncernedthey are current about coalition, developing mongolia.problem further inland. >> i will rip this up. why can't they fix this now? with a totalitarian regime, why don't they stop using coal? abundant.s so they have been reliant, 75% of their energy comes from coal. you are not really dealing with a totalitarian regime. a regime that has a lot of difficulty implementing guidelines and rules and regulations down through the system. it is one of the fallacies we have bought into that whatever beijing says does. it is not the case. >> also reliant on oil. what point will china become more assertive on a global stage with foreign policy? sudan, the southern only roads in southern sudan have been built by chinese oil companies. they always refrain from getting into the fray and of sudanese politics. china is learning as a goes out. it came with a we do not touch anything attitude, it has learned that even if it wants to stay out, it will get drawn in. it is learning through south sudan. its capacity is limited, just like it is limited at home to

you mentioned mongolia briefly, but there are different relationships with central asian republics andith south -- vietnam, for instance, burma, me and mark, and, of course, the whole issue of the south and mideast china sea. can you address those sorts of things in a very quick trip around the block, so the speak? >> let me take the perspective. michael will want to talk more about the resource suspect. it is just a fascinating case study in many respects when you look around asia and china is very different relationships that are emerging at this point in time. central asia where china seems to be thinking not only of its own physical backyard but also the political backyard. scarcely a set of countries within china is more politically intend than some of the authoritarian states of central asia. so as they are developing their pipeline structure they're also building stronger political relations with the country's chemical operation organizations, for example, security ties. you know, in contrast to see their relations with many southeast asian countries under quite a bit of stress.