thank you for that, from mumbai.can open after a five—under—par 67 in his first competitive round of the year. experimenting with a new set of new clubs world number two mcilroy made seven birdies and is a stroke behind leaders trevor fisherjnr and keith home in johannesburg. 59—year—old nick faldo is making a rare appearance and the six times major winner carded an impressive 70. the nba's quest to broaden it's appeal has once again brought the best basketball players to london. the nuggets and the pacers face each other in the seventh regular season match to be staged in the city. here's our sports correspondentjoe wilson. kick—mac the nba has long spoke of destiny to expand. this is the human touch. as digital technology brings the world closer, is there any need for a franchise to relocate permanently abroad. this is a question i put to the league's commissioner. the world has changed and this notion of a virtual fan is something we take very seriously. it may be when you decide what team to follow it could reall

england's one—day team have been playing here in mumbai. jonny ba i rstow playing here in mumbai.w gave his backing to his test captain. you are questioning a guy with an 11,000 test runs, the most decorated england test match we've ever had. and to be questioning him so much about whether or not he should stay on as captain and this bat and the other, i think it's up to him whether or not he wants to stay on. —— this, that and the other. i'm sure when he makes his decision it will be the right one for him and the team. jonny bairstow speaking after england's heavy defeat in the final warm after england's heavy defeat in the finalwarm up after england's heavy defeat in the final warm up match before the one—day series that begins on sunday. a golden duck for captain morgan. he's only scored three runs in the two warm up he's only scored three runs in the two warm up games. he's only scored three runs in the two warm up games. he will be looking for some on sunday. rory mcilroy is one off the pace at the south african open after a five—under—par 67 in his first competitive round of

idea shares charging -- surging in mumbai. securities saying it is for its newdublin headquarters. it says london will remain the main location for most of its regional operations. daiwa has about 450 employees in europe, mostly in london. they announced a 1% rise in profits and changes to management. it is the bank of japan wrapping up a day two of its policy meeting a bit later. now global economics and policy editor is in tokyo, what are we waiting for? what are we expecting? expecting some signal from the bank of japan led by governor kuroda on their assessments of the economy. are they getting a little more confident in the economy? our bloomberg survey of economists say no change and everyone else we have spoken to agrees. what is key here, they're going to keep the key rate, the short end at -0.1%. the negative as governor credit would say. the 10 year at 0%. watch governor kuroda's comments about the exchange rate, the yen, would he like to see it weaker than it is now, it is weakened a lot and now it has rebounded. th

, beijing, your aspiration, yourdream, is to mumbai, beijing, your aspiration, your dream, is to playbe supportive of that notion, completely separate from any sort of politics or political issues. a massive landslide that killed two people has led to the cancellation of the ninth stage of the dakar rally. the landslide happened 40 kilometres north ofjujuy, in argentina. a man and a woman died, and hundreds of people have been left without homes. torrential rain has wreaked havoc on this year's competition. the race will restart on thursday for stage ten between chilecito and sanjuan. the leaders of the vendee globe yacht race are into the final week of sailing. french skipper armel le cleac‘h, on board banque populaire, was on wednesday 180 nautical miles ahead of briton alex thomson. le cleac‘h has described the mental toughness he has needed to summon up just to stay ahead in the race. thomson, who failed to finish in 2004 and 2008, said the biggest test was trying to pick up speed in his boat, hugo boss, when sailing through the becalmed doldrums. the race, which began in november

but he is blamed for crist rating the 2008 terrorist attack in mumbai. 166 people were killed after 10unmen went on a shooting and bombing rampage, targeting commuters and tourists. india accused pakistan of sponsoring the attack through the group. pakistan rejected the claims. he was put under arrest in 2008. six months later he was released due to lack of evidence. his continued freedom in pakistan has infuriated india for years. despite denying his involvement in the attack, washington in 2012 put a $10 million bounty on his head. rebels have posted footage in yemen they say shows an attack on a saudi warship that killed two crew members. they control the capital of soanaa. the u.n. has repeatedly sounded the alarm of increasingly dire humanitarian conditions. morocco is to rejoin the african union after 32 years of isolation, following an agreement in addis ababa. mororocco left the continent in 1984 after a dispute over the western sahara. for details, here is our correspondent. the african union summit in ethiopia, and much of the conversation has been about the readmission of mo

>> i live in mumbai. i work nine months of the year in america, but i still live in mumbai.s have you made back home? >> about 50. >> jimmy: 50 movies? which is -- [ cheers and applause ] -- a lot for a person as young as you are. >> yes. i started working when i was 18. >> jimmy: but still, 50 movies. >> i did about four movies a >> jimmy: that's a whole lot of movies. do they not have the same union rules? >> no, they do. but it's really actor-driven and i'm a workaholic. not everybody works like that. >> jimmy: so they follow your lead? >> they do. it's awesome. >> jimmy: you like that? i might be -- i don't know if i'm off on this, but it seems like in every bollywood movie, as they call it, it seems like there's a dance sequence, is there really one in almost every one? >> if you ever go to an indian family, their wedding or any occasion, it will be always be a dance party. we need an excuse to dance. >> jimmy: it's the same here. >> not as much. >> jimmy: no, as much. every wedding, unless it's boring people like you didn't want to be friends with, like some friend fro

a user from mumbai spotted on amazon canada a listing for a doormat resembling the indian flag. the desecration of the flag is a serious offence. the country's minister for external affairs, sushma swaraj, joined the wave of discontent on twitter. she threatened to rescind visas for amazon officials if they did not stop selling the product. hours later, result! the item seems to have disappeared from sale. as donald trump faced the media, his nominee for secretary of state rex tillerson was facing questions from a panel of senators who are considering his suitability for the post. in a confirmation hearing that lasted around nine hours, mr tillerson urged the us to take a new approach in dealing with china and to have an open and frank dialogue with russia about its ambitions. 0ur correspondent aleem maqbool reports. rex tillerson was donald trump's surprise choice to be secretary of state. as he tried to convince congress he's fit for thejob, he appeared to have a tougher line on russia than the man who picked him. russia today poses a danger, but it is not unpredictable in adv

yogita limaye, bbc news, mumbai.ust getting under way, it's one of the biggest nights on the entertainment calendar. the ceremony is traditionally seen as an indicator of which films will do well at the oscars. there are several favourites to win. let's get all the details from our correspondent peter bowes who joins us from los angeles. we do this every time, every year, and you look more dapper as the yea rs and you look more dapper as the years go on. you are too kind. tell us years go on. you are too kind. tell us what is happening right now. the show has started, the presenter is jimmy fallon, one of the popular late—night chat show host in america. he got off to a rough start. his autocue broke down so they had no words to read in front of him. he stumbled around a little bit. then he got into his stride. hisjoke was, the bit. then he got into his stride. his joke was, the golden globes, where an america still honours the popular vote. that could be the first of many political references over the next three hou

a user from mumbai spotted on amazon canada a listing for a doormat resembling the indian flag.w, the desecration of the flag is a serious offence. the country's minister for external affairs, sushma swaraj, joined the wave of discontent on twitter. she threatened to rescind visas for amazon officials if they did not stop selling the product. hours later, result — the item seems to have disappeared from sale. as a cold snap continues to affect greece, thousands of homeless refugees and migrants remain at risk of exposure to the bad weather. some camps in northern greece have been blanketed in snow. our reporter howard johnson attempted to travel to some of them. we set off from athens early in the morning with plans to visit the refugee camps of thessaloniki, which has been particular hard—hit by the weather. but as the row became increasingly difficult to drive on, we opted for a refugee camp closer to us in the historical town of thermopylae. this is where king leonidas of sparta took on xerxes of the persian empire. we missed the turning to the camp, but met two men walking a

sameer hashmi reports from mumbai.ches baritone voice were the hallmarks of om puri's performances. he acted in some of india's most iconic films, in a career spanning a0 years. but he didn't shine only in indian cinema — he lent his talents to a number of foreign films, including british and american productions. are you always bloody stupid? but it was his portrayal of zahid george khan in the 1999 british comedy east is east that earned him international recognition. the film won the bafta for best movie. puri is credited with being the first indian actor to make it big in international cinema. he also worked on some prominent hollywood movies including the reluctant fundamentalist and recently the hundred—foot journey produced by steven spielberg. his performances won him accolades at home and abroad. he was awared an honorary order of british empire for his contribution to the british film industry in 200a. a few weeks ago, he took to twitter to reflect on his life and career, saying he had no regrets, and that he

19-20 start out li—sd, but they will reach 19—20 by the afternoon and it will reach the low 30s in mumbaie way injapan. snow on the north westerly winds. and similar temperatures further south. dry and cold in south korea. but more cloud in hong kong. there might be some showers in northern parts of thailand. in singapore are the cloud will build and we will see some rain, some of that could be heavy. it is wet in the nam and also windy. there could be wet and windy weather in the philippines. some sunshine at times, but there will be showers and thunderstorms. similar in papua new guinea. it is quite hot in australia. the northern half of this chilly at risk of heavy downpours. rain in new zealand, mainly in the south west. it is cold across mainly in the south west. it is cold a cross m ost mainly in the south west. it is cold across most of europe and it is windy. there will be some snow heading towards the alps. there will also be some snow further east that is moving towards moscow, but there is moving towards moscow, but there isa is moving towards moscow, but there is a southerly b

they're almost royalty. 35-year-old kept it a bit more casual at the mumbai airport as she wrap uded up a charity trip if india. her schedule might be more open giving her and prince harry more time to do charitable work together. meg's oscar nominee ryan gosling looks different. new wax figure at madam true sew in berlin is creepy and even has a heart beat can you hear and feel. this isn't rye and first wax figure. 2014 version in london bears more after resemblance to the real thing. no word yet to madam true sew's if they plan to do corrections to the new replica. >> we love a star who recycles fashions. kirstin du kirstin dunst stunned in this lacy dress in paris. same dress she rocked in a 2004 after party. then actor jake jigyllenhaal wa her date. now the 35-year-old star got engaged in fargo co-tar jesse flemming. >> dress is beautiful. but can we discuss the fact she can still fit in a dress from 13 years ago. >> i can't and i just had two chocolates. >> kirstin dunst, you are the real mvp. >> the bachelor break out star sfp while we can't stop walking corinne and what her mo

could there be a follow-on attacks, or distributed attacks like we saw in mumbai or even in paris? the xhanter is worried about what's happening on scene right there. can i stop him from communicating with anybody else, have him talk to my negotiators, deal with my tactical ifrs. can we arrest or kill him so he doesn't kill anyone else? that's what's going on inside. you brought it up earlier, richard, and you were spot on. it's akin to the bata cramant lan, a nightclub, you know, popular, well known, in the heart of a major european city, late night an attack. now there were multiple attackers. two went into the bataclan, but nevertheless one attacker goes in, it's a carnage, and he's still alive. that's a parallel to the bataclan. those guys lasted in through a few hours and taukt with police before they were killed and let some bombs go off. so that's the atmosphere now.lke before they were killed and let some bombs go off. so that's the atmosphere now. the police are locking it down, trying to control it. they're trying to lock down through the various technologies we have that

they beat a very strong india a side featuring ms dhoni in mumbai.ter. joe root didn't feature in either of those matches. he joined the tour a little later, after he became a father for the first time. but he will be available for selection for the first one—day international here in pune on sunday. that is all from sportsday. there will be more sport throughout the evening. for me, it is goodbye for now. cold and probably staying cold for most of us this weekend as well. of course, the immediate concern is what is happening for the east coast, not necessarily the snow. it will make it rather icy if you are out and about. beautiful weather watchers picture sent in. this is the concern at the moment, severe flood warnings out from the environment agencies as a result of high tides combining with really strong winds washing down the north sea and across into europe as well as the uk. high pressure building in but not to stop the showers. for the meantime, those severe flood warnings out. call the floodline if you are concerned but the winds are starti

as a divorced bollywood actress living in mumbai, life's a balancing act.ous and wanting a personal life, being seen as sexy while retaining my dignity. and india both applauds and castigates me. near the beginning of william sha kespeare‘s most famous tragedy, hamlet, we are introduced to 0phelia. she's an innocent, chaste girl, and potential spouse for the prince of denmark. yet 0phelia struggles with the conflict of being her brother's sweet sister, and hamlet‘s breeder of sinners. this is the dilemma facing india's women. we are all modern 0phelias. by some, we are expected to be traditional and pure. i shall obey, my lord. while by others, we are encouraged to be independent and sultry. lady, shall i lie in your lap? no, my lord. do you think i meant country matters? there is conflict and confusion in our minds. and these pressures can become unbearable. a social worker abused by men blames herself and takes her own life. another is raped and killed on a delhi bus. she is questioned for what she is wearing, and shamed for being out late at night. for 0

it was built in the western city of mumbai. the submarine was built in collaboration with a french naval contractor. naval officials say it's the second class submarine and will undergo rigorous tests and first is completing sea trials and will soon be commissioned. >> it is beyond -- symbolic ability of our great nation and shining example of making india program. it is a key milestone in attending self-reliance in the constriction. >> india has a fleet of 13 aging submarines, only half of which are operational at any time. last year the country showed off the naval power with the first international fleet review in 15 years. india has been boosting its naval strength in response to china's expanding presence in the indian ocean. >>> the hong kong administration's second highest official has submitted her resignation and delivered her intention to run for the region's leader in march. >> i told the chief executive in my resignation letter that there is only one reason for me to resign at this juncture, and that is if my resign

jajapan and india h have a aead agreed on the construction of passenger railway connectcting mumbai and amadabad. the japanese government hopes to strengthen ties with india through the freight train project. eer eer. >>> here's a look at a couple other stories we are following. officials at the cabinet office say the coincident index is the highest in two years and eight months, the rise is partly due to strong sales of winter clothing and food. another factor is the increase in sales of oil-related products. >>> sales of fuel-efficient cars boomed in japan in 2016. the big winner was the prius, made by toyota. it was the best seller for the first time in for years. dealers sold nearly 250,000 of the prius. the n-box was second with units of over 186,000. the aqua came in third with about 168,000. >>> donald trump will be sworn in as the next u.s. president in just over a week. business leaders in japan are unsure what to expect. trump has promised to reboot the economy and create new jobs through infrastructure spending and generous tax cuts. he's vowed to take a tough stand on trade

we're live in mumbai for that story. this is bloomberg.he market opens 22 minutes away. >> i think the market has gotten ahead of itself. if you look at where valuations are in the developed world, u.s. and the rest of the developed world, they are at a pretty high level. the probabilities over the next decade of returns being somewhat lower than their long-term historical averages is pretty high. it is by no means certain, but pretty high. guy: vanguard speaking to us on bloomberg yesterday. that is an interesting story we will work through the rest of this year. cost factor surrounding how you invest your money, one of the stories in 2017. an update on what you need to know. here is the business flash. >> thank you. toald trump remained opposed the megamerger between at&t and time warner. according to people close to the president-elect, he believes it would concentrate too much power in the media industry. another person said trump's chief strategist steve in also opposed to the deal. morgan stanley cutting its global bonus score for eq

drjs baug is heading to europe from his home city of mumbai.ness meeting, and i have a full day free. can you suggest the best tour options to see lisbon? start in the elegant city centre, known as bayelsa, mostly built in the 18th century. then explore the hills to the east with the original moorish quarter of alfama. from there, tram 28 planks its way westwards across the city and clambers up to the giappo district, perched on a hill high above the noise and bustle of the centre. along the way, you can barely move for eating and drinking opportunities, including my favourite coffee spot in europe, the cafe a brasileira, a feast of mahogany and mirrors that has been serving sweet, strong coffee for almost a century. finally, john rose was in cambodia last year, and says... we met a couple who told us they had travelled from the very north of laos to the south by train. have you any information regarding this, as we'd love to pursue it? john, the couple you met had perhaps been travelling too long. unlike neighbouring cambodia and vietnam, laos

there, mumbai looking forward to a new airport. >> thank you very much. we are taking a short break. much more still to come on "france 24." çÑwwñyw0p 01/19/17 01/19/17 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! pres. obama: with respect to chelsea manning, i looked at the particulars of this case the same way i have the other commutations and pardons i have done. in light of all of the circumstances that commuting her sentence was entirely appropriate. amy: in his final press conference as president, barack obama defended his decision to commute the sentence of army

the funeral of a leading lawyer shot the leader of a group allegedly linked to the 2008 attack in mumbai house arrest in pakistan. hafiz saeed is wanted by the us and india — who accuse him of being implicated in the raid, in which more than 160 people died. he has denied any involvement. wildfires are still raging in chile as the search continues to find those responsible behind the blazes that have killed 11 people, burnt more than a thousand homes and wiped out an entire town. ten people have been arrested on suspicion of arson. a huge air and ground operation is underway to contain 61 forest fires. and here's an illustration ofjust how exciting football can be even without a match being played. these are the fans of the english non—league team sutton united. they've just learned that they'll be playing at home in the fa cup and this is how they reacted when they found out they'd be playing arsenal. the match will take place next month. sutton fans need to bag their tickets quick — their footie ground can only in fit 5,000 spectators. arsenal's stars are more used to playing in front

we will be live in mumbai with the latest on that.usiness stories as well. join me in about 20 minutes. i will have a look at my twitter in a moment as well. about 20 minutes. i will have a look at my twitter in a moment as welllj will see if i canjoin you. whether you like it or not! c, bullying! the influence—peddling scandal surrounding the south korean president, park geun—hye, has taken a new turn with the arrest in denmark of her friend choi soon—sil‘s only child. 20—year—old chung yoo—ra, a medal—winning dressage rider, was detained for staying in denmark illegally. stephen evans reports. the report does contain flash photography. the latest allegation involves chung yoo—ra, he won an equestrian medal in the asian games. police want to ask her if she got into university through favouritism. her mother is at the centre of the alleged wider scandal. choi soon—sil was a close friend of the president and is accused of using that friendship to get money and favours from companies. including for her daughter. new year's day, presiden

yogita limayejoins us from mumbai. tell us what's happened. this wasn't and unexpected move.bout who would replace. tempo mac only takes charge of tata group group in march. —— chandrasekaran group group in march. —— chandraseka ran and takes group group in march. —— chandrasekaran and takes charge in march. he has big challenges. the image of the group that has taken a beating, and the businesses, many of which are in a lot of trouble. we appreciate you giving us the update. let's stay with the markets. asian shares are on track for a weekly games today. while the dollar is poised for a losing week. investors disappointed that mr trump failed to elaborate on stimulus plans at a news conference two days ago. europe — pretty much the same disappointment. remember all of this after that global rally fuelled by hopes that the president—elect would see a boost to the us economy, but trading floors are turning more quiet with talk that the surge may have been overdone. but for now let's find out what should be making the biz headlines over in the us today, here's samira. the week

in other news: the leader of a group allegedly linked to the 2008 attack in mumbai has been placed under is wanted by the us and india — who accuse him of being implicated in the raid, in which more than 160 people died. he has denied any involvement. wildfires are still raging in chile as the search continues to find those responsible behind the blazes that have killed 11 people, burnt more than a thousand homes and wiped out an entire town. ten people have been arrested on suspicion of arson. a huge air and ground operation is underway to contain 61 forest fires. stay with us on bbc news, still to come: a bbc investigation exposes a global network of traffickers selling baby chimpanzees. the shuttle challenger exploded soon after liftoff. there were seven astronauts on board, one of them a woman school teacher. all of them are believed to have been killed. by the evening tahrir square, the heart of official cairo, was in the hands of the demonstrators. they were using the word "revolution". the earthquake singled out buildings, and brought them down in seconds. tonight, the search for

let's get more from mumbai. more disposable income, more money to spend. about the surge in oil. >> good morning. is gdp growing at a considerate basis. that has given people more money . people buy more cars. there is a significant increase in road transport because diesel is cheaper. growthhings have huge and consumption of both. consumption.'s oil that is what we have seen in the last year which has been growth in oil consumption. it is growing by 12%. seenlso i diesel which has growth close to 6%. they have transferred. the overall numbers are huge. yousef: what is driving consumption here? which fuels are the key drivers in the equation? this is gasoline and diesel. diesel is use mainly for commercial transport. people use ittent to pump water in oil diesel pumps. been growing.s people are buying a lot of cars. everyone wants to have mobility at their own hand and said of dealing with public transport. close to -- they said that an unprecedented to, gdp as it is seen close a huge growth in consumption. tends to succeed. come on will consecutive years

yogita limaye reports from mumbai. three words changed her life forever.uring a phone call by simply saying, "?talaq talaq, talaq." she was pregnant at the time. her son was four years old and she has been doing odd jobs to make ends meet. translation: that men think they can save the three words and shake off all responsibility but they don't stop to think that somebody‘s life is being destroyed by those words. in india, different religious groups are allowed to have their own rules with marital affairs including marriage and divorce. that is why for muslim men in this country, triple talaq is perfectly legal. it is banned across much of the islamic world, though. it is being challenged in india now. women offended by triple talaq across the country are at this meeting. 0ne offended by triple talaq across the country are at this meeting. one by one, they describe how the world fell apart in one, they describe how the world fellapart in an one, they describe how the world fell apart in an instant, losing not just marriage but also the means to support thei

quite chilly, but come the afternoon up to around 1920 degrees, and we should be into the low 30s in mumbaiy in tokyo, but at least here it looks like a dry picture. dry and cold in seoul, but it should stay dry in hong kong. there might bea stay dry in hong kong. there might be a shower or two in northern parts of thailand, and done the malaysian pence —— peninsula towards singapore a few rumbles of thunder. windy in vietnam, and windy weather from a central part of the philippines. indonesia has some sunshine at times, but cloud will build on their will be some showers and thunderstorms in papua new guinea. the southern half of australia looks fine and dry with plenty of sunshine, pretty hot for some parts of the west, much fresher towards adelaide, 20 or so degrees, similar in melbourne and maybe a bit more cloud more than half of australia at risk of downpours. some rain in the south island, mainly in the south west, largely dry towards auckland. most of europe has cold weather. stale heading down towards the alps, blowing around in those strong winds, and some still further east. we've

to see whenng trading kicks off in mumbai beat estimates. they jumped 10% to $1.2 billion.panyes as the india's richest man has invested billions in new areas like 4g mobile services and retail. malaysia airlines have had a difficult few years after losing two aircraft in fatal crashes in 2014. ehe airline was forced to ax scrap routes,obs, and lower fares. the company expects a good return to profit next year. we are joined by ceo peter difficulto has the task of restoring confidence in the airline. it are, a pleasure to have you here in hong kong. is the worst behind us, safe to say right now? mr. bellew: yes. improvement year on year. our bookings for the next six months are up. on some routes, we are struggling to have seats now. we really have seen a huge change. the biggest change, the business customers traveling with us. our business a kings are 100% up on last year. double the number have booked. yeah, things are going very well. yvonne: what do you see as the inflection point for you, peter, to change this restructuring, to start adding more routes to your fleet,

a quick check of markets in this part of the world, mumbai .4%.ng, off by market,e australian 1.25% tohe upside. benchmark at the highest for one and a half years. hang seng off highs come up by .5%. shanghai moving higher, and some of that down to that better than expected pmi reading. talking of which, it is the first survey of manufacturing showing signs of strength. 51.9, the best reading in three years. haidi lun has the details. give us an idea of what help to lift this data. say, it completes a pretty good year when you talk about china's economic stabilization. out, buteen this play that number was the highest on record over three years, just after they took over the reading of that gauge from hsbc. what contributed to that overall number, new orders coming in. the highestt was since july 2014, a two and a half year high, also output th consecutiveix month of expansion. painting and overall picture of stabilization , a robust way to end 2016. in november, we saw growth 7%, so at around comfortably above that 6.5% to 7% official growth target. stabilizing,growth we have, well, n

we will be live in mumbai for the story next. stay tuned for that. bloomberg. ♪ shery: welcome back. i am shery ahn in hong kong. i am yousef gamal el-din. kuwait's finance ministry is considering proposals from three local banks and could hire four more. let's get the latest with tracy alloway from abu dhabi. we have been expecting kuwait to issue this bond for some time now. what has been the holdup? >> good morning. that is right. it has been delayed. there has been some political drama in kuwait, including the dissolving of parliament in october. that said, the government can still use executive power to issue debt. the thing holding up that debt successmost likely the of other debt sales, in particular saudi arabia issuing that $17.5 billion mega bond in a tober. -- in october. it seems like a weight was coordinating with saudi in order to avoid over supplying the market with new golf debt. success, quite a bumper year in bond issuance, but what is the outlook for 2017 then? >> that's right. ulfhad a record year for g debt last year with new pla

surging in mumbai after a merger tofirms create india's largest carrier.t company would have equal rights with vodafone, which wants to reduce its exposure by spinning off a business. goldman sachs says it is likely to face regulatory hurdles and the new entity would have more than 50% of the market. hasef: dubai investments reported a 10% profit boost for 2016. with a market cap of $2.3 billion, the third biggest listed on the dubai stock exchange. joining us now is the ceo of dubai investments, khalid jassim mohammad. a good to have you. the challenges are intact. health check on ofai's economy, on the state play in this part of the world, given the ongoing volatility in global markets, lower oil prices, austerity measures? >> first of all, nothing new actually. you talk about oil prices, instability in the financial markets, global markets, these are challenges that each and every company has to deal with. 2017. very positive for it bring stability. we see potential growth in the region. we feel the global economy is 2017.to grow compared to the challen

shares are looking like this in mumbai. at 37.1me came in billion, that was 4% higher than analysts forecast. it top its 2017 growth forecast. global news. 24 hours a day. powered by more than 2600 journalists and analysts. in more than 120 countries. you are watching bloomberg. let's get you a check of the markets. hong kong and china are currently closed for lunch. here's how they are china trading -- trading for the morning session. content index of .5%. hang seng index up .5%. welcome to the best of bloomberg markets middle east. you're the best of stories driving markets in the middle east. united arab emirates says oil around $50 a barrel will not cut it. we are in abu dhabi for the update on the mini opec meeting. there is no let off for turkey's beleaguered currency. we look at how the political quagmire, central bank in action, and higher than expected inflation have combined to make a lira the worst-performing currency of 2017. two of the world's biggest bond traders are warning that rising treasury yields good si

yousef: we will be watching reliance when trading kicks off in mumbai after earnings beat estimates.rd quarter profits, a nine-year high, jumping 10% to one point $2 billion thanks to higher petrochemical earnings and investment games. this comes as the country's richest man invest billions in 4g mobile services and retail. malaysia airlines ceo says he sees an opportunity to break even in the fourth quarter this year. speaking exclusively to bloomberg, he says the worst is behind the airline and expects to post profit next year. key rolexplained the he sees china playing in the carrier's business plan. >> for us, there is massive opportunity in china. the government has targeted 150 million more people to have a passport. them, 30%t country to of the population of malaysia speaks chinese. i think we have a massive opportunity to get another 4 million or five main people in the next 5-6 years. yousef: theresa may said to her announced her country's plan for the exits from the european union later today. let's take a closer look at this story and what is ahead. great to have you on th

sunlight, heavy snow, in very complicated traffic conditions, sometimes it we jokingly say beijing or mumbai, then we are probably a few years away. but depending on how challenging the scenario is that we are talking about, we are almost ready. but it is not just the technology issue. we need to figure out if the government regulations or the traffic rules, safety rules, insurance, and whether it the rules are in place so the vehicles can already be deployed in the real world clearly understanding who is going to pay for the insurance for any crash. those are probably lagging behind compared with the technology. host: what about security? hacking? is that being baked in? professor peng: that is being considered because cars are now being connected. they are 10 years behind the internet, interconnecting pcs. we know the internet is under constant attack. we know that hackers are trying to steal trade secrets, government secrets, or money from the bank. so, there will be hackers that continue to attack the internet and there will be hackers trying to attack automated vehicles or connected car

shery: thank you so much for joining us from mumbai with the latest on tata sons.g the brexit bullet, theresa may's plan to leave the eu single market. this is bloomberg. ♪ shery: welcome back. this is "bloomberg markets: asia". business flash headlines, cathay pacific shares rising after announced plans to shorten its readhedging program and brand its workforce. the kerry saying it won't hedge feel bets as it has in the past after losing more than $1 billion in the last three years. staff andlso reassign has not ruled out redundancies. reassure beijing that foxconn remains committed to china as it expands its u.s. operations. a high-ranking chinese official expressed concern to gou about the iphone makers american plans. trump has singled out apple as a country that should manufacture in the u.s. gou declined an invitation to trump's inauguration. pointed a group president and ceo. he says he is delighted to be part of baidu's evolution. he has a phd in computer science and holds 48 u.s. patents. an search giant has set up augmented reality lab in beijing as it se

mumbai exchange. it is up 0.6%. hong kong 0.13%. lackluster change leading to the hong kong shares.he topics has been -- topix has been gaining most of the day. that is down to the yen at the moment, coming back against the dollar. it is depressing some of the exports, which are quite heavily weighted on the topix. looking at the slightly flat picture don not even two points -- down not even two points. part of thehis world, it is two hours from the emirates opening. time.10:00 a.m. local let me run you through what is significant. look at the mixed picture, dubai up 0.2%, emirates mdb driving most of those gains. we saw stocks going down on abu dhabi. let me show you saudi arabia. chemical stocks under pressure. we did see egypt hitting the yield record high. that is right, a new record high, on the back of strong volume. let's get a big check on the bloomberg dollar index. there was some weakening. you can see how that is playing out with the other currency pairs currently down 0.3%. the lira still holding steady from the record lows it hit. it is currently down 0.2%. so president

in india, the indians say, well, you can only build it if you move the plant out of michigan into mumbai-- >> exactly. that's exactly right. since 95% of the world's consumers are outside the united states, 80% of our purchasing power is outside of the united states, we need access to those foreign markets. we can't support the kind of jobs we want in this country if we don't have the ability to export our products around the world. and the third piece -- i'm sorry -- is taxation. tariffs. raising tariffs is a particularly regressive maneuver. it has the biggest effect on the lowest income americans, the people who can least afford it. low-income americans pay -- spend a bigger portion of their income on tradeable goods like clothing, footwear, food. if you start putting tariffs on imports against our -- >> the price of goods go up at walmart and costco, and it's the lowest income americans who are hurt -- >> all those back-to-school purchas purchases, all the things you buy for your family, those go up. this week the council of economic advisors visors at the white house did a study sho