bbc news, mumbai. before we 90, crowded. bbc news, mumbai.ook at the markets. so far, as you can see on the market boards, it is a mixed day for the stock markets. japan is down by 76 and a quarter points. a stronger yen is impacting the exports sector. there is concern about mr abe's meeting with donald trump in america and what comes out of that bilateral meeting in the white house. that is wall street. the nasdaq edged up to another record. there is weakness in banking stocks pressuring the dow jones industrial average. and with that, we end this edition of asia business report. thank you very much for investing your time in us. i am rico hizon. have a productive thursday. that is it for now. you are watching bbc news. i'm kasia madera. the top stories this hour: the us senate has confirmed president trump's controversial choice for attorney general, right—wing senator, jeff sessions. president trump has criticised the clothing retailer, nordstrom, for dropping his daughter ivanka's clothing line. critics say his comments are inappropriate

we have set up the college in mum —— mumbai.n northamptonshire called victor. we are looking at using some of the people there to work as panellists for us. we do a lot of panellists for us. we do a lot of panel testing where people smell fragrances and see if they'll work and it is using their abilities. fragrances and see if they'll work and it is using their abilitiesm is fascinating. we wish you the best of luck. thank you for the smell test. do you like pineapple on your pizza? absolutely not. there are a lot of food snobs in today! thank you, angela stavrevska. you can find more on our special coverage of this issue, and how businesses are dealing with it, at bbc.com/disability. and on twitter at #disability works. the business live page is where you can stay ahead of all the breaking business news. we will keep you up—to—date with insight and analysis with the bbc team of editors right around the world. we want to hear from you as well. get involved on the bbc business live web page and we are on twitter, and facebook. bu

we'll be live in mumbai for the latest. welcome to world business report. i'm sally bundock.in the programme. growing a new crop? the farmers who put solar panels in their fields. all will be explained. but first: we start with president trump's travel ban which has faced its toughest test yet. a panel of appeals courtjudges hammered away at the government's arguments that the ban was motivated by terrorism fears. but they also asked pointed questions over claims it targeted muslims. the hearing was conducted by phone — an unusual step — and while no verdict was announced a spokesman for the court said it's likely to come later this week. whatever the court eventually decides, either side could ask the supreme court to intervene which almost certainly means more delay and confusion for millions of people around the world and also for some of the united states‘ biggest businesses. president trump has been trying to temporarily ban people entering the us from seven countries. he says "this is about terror and keeping our country safe" while a stricter vetting system is put in p

actually, i think the on the uk, you travel to mumbai, who travelled to south america and quite oftene the airport waiting to take you are around. siddique khan, the london mayor, talking about a tax for diesel cars. the whole diesel myth has been exposed here. —— sadiq. two blocks from oxford street. it is only 50 yards away from this studio oxford street is the most. is the highest in europe, if not the world. banks, bbc. -- thanks. you like to say yes because you like to get things done. i am in no man. i think no, it's not for me. you are the yin and yang of newspapers. i am you are the yin and yang of newspapers. iam rodley you are the yin and yang of newspapers. i am rodley a bit more ofa newspapers. i am rodley a bit more of a yes—man. this story in golf news is really making a point that the start of your career, being a yes person is a good idea. —— gulf news. there is a point made here that actually, as your career develops, you need to learn to say no. frankly, otherwise youjust don't get a whole bunch of stuff done. yeah, a bit of yes is important that learning when and ho

joining us from mumbai is... apologies... he has shown up! can you hear me?our question. the indian central bank is being watched closely. this is the first monetary policy revenue after the budget, which was announced one week ago, and the second monetary policy after india went ahead and banned for two most widely used currency notes. most economists expect there will be a rate cut because last time when the central bank net when it was widely anticipated that they would cut rates they didn't do it for two reasons. first of all inflation was high and secondly the two notes which were banned by the indian government... they still wanted to see the dado, what kind of impact it would have on the economy. at this point in time it is clear that inflation has slowed down and also the economy has slowed down because of the ban on the two currency notes. that's why most economists feel this is the right time for a rate cut. there's also a school of thought that that given the bands, which are flushed with a lot of funds right now, as a lot of money came back in the

australia's cricketers have arrived in mumbai ahead of their four—test series against india.stralia have played a test series on the subcontinent. last time, they suffered a 4—0 whitewash. this time around, they have added former spin bowlers monty panesar and sridharan sriram to their coaching staff, to help prepare for the conditions. the advantage of having monty and sri, just telling our bowlers how to bowl here and face the indian spinners is going to be key. we know that will be key in this tournament, how we play their spinners. they also have some quality fast bowlers, so we also have some quality fast bowlers, so we have to play all around. they have a good attack, you don't win when you are up to 20 test match defeat at home. so we know they are a quality side, and we will have to play well. top seed marin cilic defeated benoit paire, 5—7, 6—3, 6—2, in the opening round at the rotterdam open on tuesday. after losing out in the second round of the australian open last month, it has been a tough start to 2016 for the former us open champion, and after losing the first

our correspondent reports from mumbai. the age of three due to a smallpox infection. like most visually impaired people in india, finding work has always been a struggle for him. one year ago, he got a job with a company that makes fragrances. his role, to ensure the aromas that go into the perfumes are pure, i smelling them. translation: i feel pure, i smelling them. translation: ifeel proud. i earn my own money, and because of that my children are progressing. i am living with dignity, and people respect me at my workplace. you can identify that note? it is in a class like this one that ravi vanniyar was trained. the course was started three years ago bya course was started three years ago by a private company which found that people who can't see at a keener sense of smell than the general population. in india there are laws that mandate that a small percentage of governmentjobs should be reserved for people with disabilities. but they are often difficult to get, and there is not enough of them. that is why, perhaps, th

yogita limaye reports from mumbai. smallpox infection. last —— like most visually impaired people in india, finding work has a lwa ys people in india, finding work has always been a struggle. 0ne people in india, finding work has always been a struggle. one year ago, he got a job with a company that makes fragrances. his role is to ensure that the aroma is going into that perkins are pure by selling them. -- perth demons. translation: people respect me at my workplace, i am translation: people respect me at my workplace, iam now living translation: people respect me at my workplace, i am now living with dignity. -- perfumes. it is in a course like this that he was trained. it found that people that can't see have a keener sense of smell but the general population. in india, there are laws that mandate that a small percentage of governmentjobs should be reserved for people with disabilities but they are often difficult to get and there is not enough of them. that is why perhaps the solution lies with the and new opportu

form all on those growth figures, we are joined by our correspondent in mumbai. —— for more. the justification from the finance minister. but what impact will we see on the economy, particularly in these fourth—quarter figures? see on the economy, particularly in these fourth-quarter figures? well, these fourth-quarter figures? well, the figures that will be released later today will actually give us a clear indication as to what has been the impact of this exercise, because these figures are for the months of 0ctober these figures are for the months of october to december, 2016. and the government took this decision in early november. so this is going to give the first big picture of how it really hit businesses, consumers, and earnings across the country. most economists say that the rate should fall somewhere between ex—6 .3%. -- 6-6.3%. should fall somewhere between ex—6 .3%. —— 6—6.3%. some say below 6%. it could mean india would lose the tag of the fastest growing economy, which it was for the last two quarters. it had surpassed diner, which had been witnessing a slowdo

it's mumbai. >> stephen: mumbai-wood. no? >> why does it have to be "wood?"excellent question. that's an excellent question. >> you know, i have to be so careful of what i say on tv these days. >> stephen: have you gotten in trouble? >> no, just i generally in life i should be careful. yeah, i do get into trouble, but that's basically what i meant. i do get in trouble. >> stephen: we all in the media are eventually going to get into trouble. >> well, i'm here on a visa, so... >> stephen: i would definitely watch-- i would definitely watch my "p"s and "q"s. your new project, you came over here. you're in "quantico." >> yes. >> stephen: over on our friends at abc. >> thank you. and we moved monday night. >> stephen: i hear it's quality nights, monday nights. we're on every night. >> i know. thank god i'm not. i wouldn't be able to keep up. how do you do that? >> stephen: i don't... ah... keep up, really. bone density is something i remember very well. well, i don't have to do what you have to do because you do action. >> yes. >> stephen: you do action. your cha

rishaad: we are in mumbai with the latest on the telco wars.erall picture is that to present target proved so elusive, that perhaps it should be a symbol. that is what it has been, hasn't it? haidi: we have been talking about this for so long now that just looking at completely the wrong indicators when it comes to whether you are getting that recovery in the japanese economy, but certainly, there is at least one policy makers a net what you're doing now with the control, it is an unconventional monetary policy and could be quite damaging. let us get to the market action so far today. sophie kamaruddin had all that for us. sophie. sophie: major markets in asia today on the decline had by the nikkei 225, lower by .5%. shanghai losing 1/5 of a percent. we have the pboc adding funds reverse repos this thursday. the shanghai comp in the red. we are seeing real estates on the rise in that index. take a look at the hang seng. we have the likes of hsbc falling for a third day here. the world number one pc maker, lenovo, slipping. side, we have hong ko

jeff: next is hotel mumbai. it is in postproduction.error attack that took place in mumbai in number of years ago. dev: 2008. materials is different to be sure. what brought you to that? mean, we did a scene at the end of slum dog millionaire where we were standing as an ode to the celebration which is probably what and india, a massive dance among one of the busiest train stations and thousands of commuters going through this train station. andit is victoria terminal it was a moment of absolute euphoria and these two characters are rejoicing in love. and finished that, did the press tour. coming back into london and i open my girl and i see my parents in front of the tv with tears in their eyes. and these terrorists had walked in, opened their satchels, and opened fire on all of these unsuspecting travelers, families and kids. it was a horrible thing. and when i heard that they were making a film, i wanted to be a part of it, of telling the story and making sure it was told with sensitivity and done right. and it happened the director

we are now joined from mumbai.t a lot of challenges for the newcomer. >> a bunch of challenges really. india'staken one of best-known executives. tata group takes over today. this comes out after the group mistry.oubt cyrus we finally have somebody who will take over. he will have to reestablish the relationship with the chairman tata and the tata trust. they own about 2/3 of tata sons. more importantly, it basically operates with charitable activities, an important piece of what the tata group stands for. second, his managing perception. they must conduct new board directors over a period of time and show the world he is the boss. chandra biggest obstacle will be perception, sending the message out to the world that he is his own man and not here to do tata's bidding. he will have to bring back focus on business, focus on growth, and derive weaker, independent tata companies. haidi: those are just the issues and the challenges when it comes to image, managing morale. what are the major problems that these individu

. >> reporter: mumbai, india. >> every night under the cover of darkness they come out to hunt. >> reportertimes, not often, people are their prey. usually it's pigs. >> the highest concentration of leopards in the world is right here. >> reporter: given my line of work this might sound strange. one secret for me, lest host, more animals. we barely see david attenborough, it's all about nature. >> never have those wildernesses been as fragile and precious as they are today. >> reporter: we hear that wonderful voice and see these unforgettable images. i'm nick watt for "nightline" in los angeles. >> "planet earth ii" airs saturdays on bbc america. >>> next, the producers of this sunday's academy awards taking us into the celebrity green room and revealing their biggest anxiety about the show. there's no party like a lobster party, and this is the lobster party. red lobster's lobsterfest is back with 9 irresistible lobster dishes. yeah, it's a lot. try tender lobster lover's dream and see how sweet a lobster dream can be. or pick two delicious lobster tails with new lobster mix and match. the

in dharavi in mumbai, over a million people are cramped together in under 2.6 square kilometers. kibera in nairobi is probably africa's largest slum. it's difficult to know how many people live there. but it's several hundred thousand at least. narrator: it's moving day in the kibera slum. everything is packed in plastic bags. patrick kiluzu can't afford moving boxes. patrick, his wife, and three children have lived in africa's largest slum for the past 10 years. now, they're moving into a real apartment house across the way. kibera is a synonym for garbage. for crime. for terrible living conditions. but there's also a strong social network here where neighbors look out for each other, so patrick has mixed feelings about leaving. patrick: you know, there we've actually mixed up. because i don't know my friends -- we are still strangers. you know as a stranger, you cannot just move into a person's house that you are not used to. so i think it's good, but also it is very challenging a bit. but i know as time goes by, we'll make friends. narrator: slum-upgrading is the name of the k

that's an actual jetway 777 on its way from mumbai to london. there's a problem with the flight up ahead. they lost air traffic control in germany. now they are going to be a response. this twin engine multi-roll fighter is approaching from behind. this is from the german air force. to prove they have no communication, he's going to roll up and just knock on the window and go, hey, what are you up to? >> license and registration, please. >> basically, yes. the reason the jet is getting through to make a visual confirmation between the two pilots that yeah, we can see each other. later on the wingman turns up as well. the story it turns out was not following property come. they were flying across the ground. as you cross into certain countries or by certain airports, apparently these two were switching between bratislava and germany. >> all this simply because the pilots forgot to turn the knob to where they are supposed to. >> you are going to be piloting a plane across the country. you need to be sure you are on point because, you know what? it

we are live from mumbai, next. ♪ rishaad: this is bloomberg markets.ts last earnings, the company suggested they would not be able to maintain the explosive pace of revenue growth they have been having for much longer. this has been raising eyebrows and caused the stock to fall, but shares have recovered. let's have a quick look at facebook's financial numbers ahead of earnings. strong run of 50% plus revenue growth, forecasting a slowdown this year, why? due to a large revenue base loads. in ad load' 97%akes up something like of revenue with 84% of ad sales coming from mobile. mobile is the orange line. it is the real, real standout, expecting to push more ads to tors, especially the ability wane by the second quarter. that user base is huge. let's look at that break down. the last three years, daily active users, the yellow bar, monthly users, that is the orange bar, and the total monthly active users, blue bars. estimates show these numbers are expected to rise in the fourth quarter. facebook is capitalizing on all these eyeballs, average revenue pe

temperatures on the rise, 38 points 6 degrees in mumbai at the weekend, something similar through tuesday northern india and heavy rainfall on the cards across sri lanka. in europe, a big area of low pressure moving in from the north—west and you can see the proximity of the isobars bringing windy and unsettled weather across many central parts of europe as the low—pressure sinks south eastwards. through tuesday, heavy rainfall for spain and france as that bumps into the alps we will see heavy snowfall for the southern alps, southern france and italy and austria, significant snowfall whereas further east across europe things remain largely dry and fairly settled. the weather across the uk over the next few days, a lot of cloud, fairly heavy blustery showers sweeping across much of the country and the unsettled theme continues through much of the week ahead, things are changeable and we will continue to see blustery showers. through tuesday we will see this band of rain, sleet and snow moving in from the north west, icy conditions around on tuesday morning, take care on the roads and pushi

still coming up, we are live in mumbai for a preview of any bold moves to ease the pain.his is bloomberg. ♪ >> this budget day in india with the finance minister presenting his most challenging fiscal plan ever. what should economists and investors be watching for? following the effects of the demonetization last year everyone expected economic growth to slow. we are looking into the announcement of some stocks in terms of corporate tax cut's. that would boost spending and allow the economy to grow fast. >> what about the political fallout in this web of relationships that spans across india. >> this is the fourth budget. a have seen this will be important budget. definitely it will be an important budget. some are calling it a referendum on his policies. >> we will leave it there. thank you for that update. the finance minister will present india's budget a few hours from now. thank you for sneaking around. i want to show our client something on the bloomberg in terms of how they have been positioning themselves ahead of this decision. buyers of indian equity. me the dem

. —— mumbai.korea and it will be bright and breezy in tokyo with temperatures around about nine or ten. low 30s further south. australia, high—pressure keeping things under control for most places. a couple of showers coming in on that breeze on the east coast. what is left of storm doris head to the north of russia, and some rain associated with that in northern turkey. another spell of wind and rain on the way but nothing like we saw on thursday for the united kingdom. the latest headlines from bbc news. kimjong—nam, the the latest headlines from bbc news. kim jong—nam, the half the latest headlines from bbc news. kimjong—nam, the half brother of the north korean leader was killed bya the north korean leader was killed by a highly toxic nerve agent according to police in malaysia. the exes classified by the united nations as a weapon of mass destruction. iraqi forces have moved into western mosul as they intensify their battle in driving so—called islamic state from the last major stronghold in

she was lifted by a crane along with her bed as she arrived at the hospital in mumbai.try to bring her weight to 100 kilograms. some good news — a 150—year—old family wedding dress that went missing after a dry cleaners went bust has been found. tess newall launched a campaign on social media to find the garment after the shop where it had been taken to be cleaned, closed down. the dress, which has belonged to her family since 1870, was given to the 29—year—old by her grandmother to wear on her wedding day lastjune. good evening. for most of us are bleak, cold saturday. there has been some sunshine. across the far north of scotla nd some sunshine. across the far north of scotland is, quite beautiful here. for most of us, grey as chilly. some of the light stuff down here. a good layer of snow earlier on in the day. some snow to come from some of us into the night. most of it initially all the way up the hills. into the night, falling to lower levels across eastern counties of england. continuing to pile up across the higher parts of the pennines. cold with temperatures h

now live from mumbai, not surprising the consensus seems to be a cut given the state of the indian economycan see the economic growth expected to dip to a four-year low after the cash band. estimateee the median for gdp growth to be lower over the next two years. how much would a rate cut actually help? >> the rate cut would help with growth as long as it gets transmitted to lending rate cut's. aat is the level at which consumer starts consuming more. if the home loan rates have more disposable income, once that you have more need for building capacity. months.es 6-12 >> there is a view that gpi inflation has been stickier. looking at my bloomberg, a chart that lays out the state of play when it comes to inflation, that is your core inflation. showingsee both are slowing inflation. the yellow line is your march target. how is this going to play into the equation? >> it has been gradually coming off since the beginning. it ended the year around 4.6%. undershooting the target of 5% by march. i'm protecting inflation to remain until then. undershooting to continue going ahead as well. half, t

rishaad: indeed, let's get more on this and get over to mumbai. this is a biggie, isn't it?. that me take you to some of the key contenders. fighting to be reelected. the party is led by his own father. the congress party will be fighting the election to stay relevant and national politics. will hold the key and the verdict of state elections. voting will be held through the course of this month. but the big one is what this means for prime minister modi. hasde-monetization drive political ramifications, but not yet known, prime minister modi will be hoping that a good showing will make prime minister modi stronger. a week result would in a sense raise questions about the election and set the tone for national elections in 2019. rishaad: thank you so much for that. i had on bloomberg markets, an update on the big stories of the day so far. shery ahn, what have you got cooking? fory: i'm still waiting china's trade figures. they are supposed to improve. exports expected to have gained 3.2%, the first time they have turned positive since march last year. as well, we had a weak

beijing, sydney, mumbai in the next 60 minutes.will talk about the markets in singapore. bucking the trend so far. let me give you an update of the four markets that opened up most recently across the asia-pacific. hong kong, singapore. jakarta the latest one to come online, down for the first time in five days, just under 5400. when you look at markets in china, i think the big story is come up until we get the fx reserves data, is the pboc skipping the use of reverse repos for a third day. that resulted in a draining of funds. you look at money market rates, whether interbank rates, they have actually come down. it comes back to the story of whether or not there is enough liquidity in the system given the objectives that the pboc wants to do. i should say, given the sort of leverage we have in the financial system. forecast of 1%. this mining story continuing to bear fruit. we had a lot of comments coming out of the mining chamber. we will talk more about that in a moment. have a look at other markets. 225, 18,900. if you have a

yogita limaye is in mumbai.edible accomplishment for india, but it is really highlighting that country's presence, i guess, right in this space race? that's right. i mean there is a lot of indians feeling very proud today, aaron, but it is notjust about pride. this is about money as well. about six months ago i was at the indian space agency headquarters in bangalore. at that time they launched 49 foreign satellites into space and earned $120 million doing so. space and earned $120 million doing so. today the number has gone up by 101, 101 satellites were on that rocket. it puts india on a firm footing in the global market as far as launch vehicles for satellites are concerned and there is huge demand for it because companies today want to not just launch one satellites or two satellites into space, but 20, 50, 100 satellites. astonishing stuff. thank you for that. we'll talk to you soon. let's ta ke that. we'll talk to you soon. let's take a look at the asian markets. all helped by another wow on the dow! anoth

sameer hashmi is in mumbai. this is really important data, isn't it, coming out today?vember and december for india which is when the cash crisis kicked in. that's right. very crucial piece of data that will be released later today. these figures are for the period from october to december 20 i6. period from october to december 20 16. the government put a ban on those notes starting december. —— starting november. you'll get a first picture of how that move impacted the economy on the ground. and how much time will it take for the recovery. india was the fastest growing economy. it surpassed china over the past few quarters. most economists now expect this latest figure will be somewhere above 6%. many think it could be lower. it will lose its tag as the fastest—growing economy if it is in that range. thanks very much. one story in town today as far as the markets are concerned. the dowjones closing for 12 days in a row at a record high. the first time it's done that for some 30 years. and it is all about president trump. what will he say later today when he addresses b

our telecoms reporter joins us from mumbai to explain.about selling airwaves. >> correct. india has clear merger and acquisition rules about telecom. it is divided into 22 circles, and in each circle, airwaves are split between companies. merge, they would have to get rid of airwaves in some circles as they have reached the limits of how much they can hold. the key thing about airwaves is that there is a finite amount available, so in terms of pricing, we could see a pricing premium here. give us the number. estimates about 60 billion rupees, $890 million. right, so tell us why would other carriers need these airwaves? >> a lot of carriers in india are looking to expand their mobile broadband offerings. to extend that service, you would need airwaves, and other carriers could acquire these airways cheap because boda phone and idea would need to get rid of these airwaves within one year of signing a deal. yousef: we will leave it there. let's cross over to one of our big stories, i'd year since the boj introduced negative interest rates, a

combine has lost ground for -- mumbai has lost ground for 2 sessions. hold, a surprising move. 1%, stilln 4/10 of reacting to the previous strength that we saw in a japanese yen. yen -- - hangng index gaining - seng index gaining 112 of 1%. what are you watching? yousef: it will be part of the equation. we are two hours away from the opening of the emirates markets. bid, dubai trading up 1/5 of 1%. a focus on energy shares in abu dhabi preparing that index up 1/ 6 -- 6/10 of 1%. the lower oil prices hitting sentiment, concerned that the play out.ay notl i want shift your attention toward egypt. over 9%.stry stock up first word headlines from around the world. rishaad: the senate confirmed just sessions as attorney general after more than a day of contentious debate. they boarded 52-47 after 30 straight hours of debate. democrats say that the alabama senator was to close the president trump and would not protect civil rights. republican candidates say that sessions will enforce the law above politics. the white house says donald trump has looking forward

it was the best budget data for the markups in mumbai in over 10 years. day two, it's what we are asking. within the equity space we are asking asian carmakers in light of the retails reports in the reportedch double-digit decline by the likes of nissan, honda, hyundai, kia. shares of sony, the company reports earnings after the closing bell in tokyo. we will see what they plan to do with the movie business after taking that $1 billion right down and how they look to avoid that in the future. let's to talk about in asia. "ore from "bloomberg technology next. ♪ >> this is "bloomberg technology ." i'm caroline hyde. jumping inill after-hours trade straight get into my terminal, a more than two percentage points. investors bullish on the social network after a report say 51% jump in sales to a $.8 billion. the company user base -- $8.8 billion. continuesy user base to grow. facebook solidified its position as number 2 in the market for mobile advertising behind alphabet's google. how can it continue with momentum into 2017? with us is before us to and the ce

the bbc‘s yogita limaye reports from mumbai.finding work has always been i struggle. one year ago, you been a struggle. one year ago, you got a drop with a company that makes fragrances. his role, to ensure the aromas that go into the perkins are pure by smelling them. —— that's go into the path humans. translation: pure by smelling them. —— that's go into the path humans. translationzlj feel proud. i am living with ii? 5qu i i; 13:15 3m people 15511511qu i i; 13:15 31? people respect me at my dignity. people respect me at my workplace. who can identify that note? it is in this class that he was trained. the course was started five years ago by private company that found that people who can't see how they as a sense of smell than the general population. in india, there are laws that mandate that a small percentage of governmentjobs should be reserved for people with disabilities but they are often qieéeiiiiiee e541 iflig iii siffié; ,, , b, ,, , , we ,, b, to 212221111122 eli ee2§ 212 21i2; ,, , b, ,, , , we ,, b, to get 212221111

get closer to some of those moments, you are likely to see -- shares tumble and mumbai after the company's-97 percent drop in profit. net income fell to just $14 million in the last quarter of 2017. margins of the land rover unit narrowed. from potential follow-up of a proposed u.s. border tax on imported cars. they do not have any factories in the united states. ingoldman sachs said reference to its underperformers that they are better off elsewhere. they denied investment bankers a bonus. employees that missed out on a bonus in recent weeks is higher than a year ago after goldman's takeovers and securities division had a mixed year. >> janet yellen has signaled rate hikes are on the way. we have been trying to figure this out. kathleen hays here with more on this. it is the number of time and the timing of all this. correspondent: timing is so important. you think they're not going to hike until june and they hike in march, janet yellen was clear in thatemarks and her answers if the economy keeps growing and inflation moving higher, this is what is key to those moves. some think about wh

joining us from mumbai with the latest on the corporate soccer. aga.ing to trade, sensex down. a bit of a mixed picture for regionalkets, the benchmark swinging between gains and losses throughout the session, not clear direction out there. unchanged as we see the japanese yen losing ground and reversing the gain in the last session. we saw this rally as haven asset plays, the yen writing to the highest level since november. after that, a slight reversal, but still around 111.92. , we areshery ahn looking ahead to earnings from egypt to the united arab emirates. that will be in focus for the next few trading days. aftern eye out for qatar comments from the ceo of about shortselling going forward. that's all we have for this edition of "bloomberg markets: middle east". this is bloomberg. ♪ francisco court hearing on tuesday will consider the trump administration's appeal to reinstate a travel ban. the white house says that seattle's judges decision to suspend the ban was vastly overboard. if the administration loses the appeal, the case will go back to

if i understand it correctly to place the person who is often identified as the architect of the mumbai bombings, mohammad saeed under house arrest in lahore. i'm tell there are other similar actions, camps that are being closed or squeezed and that your government has taken more action against these individuals and groups in recent months than has been the case. could you speak to that? that's an important development if it is true. >> so you're absolutely right. terrorists in last four or five months we have -- a lot of people who could be potential facilitators of terrorism. and we have put them under a schedule four, which is a section in our local legal system, which restricts the movement of the individual, and he's monitored and he cannot move out of a certain area without informing the police. and they are sort of, you can say they are classified as people who are anti-social or who could be dangerous to the society. so that's some of what has been taken and let me assure the gathering over here that these people who have been in the past -- they had some sort of license to move

this is about the terror attack that took place in mumbai a number of years ago. >> 2008, yeah. >> glor: this is different material to be sure. what brought you to that and i wonder how much you can talk about that right now? >> yeah, i mean, we did a scene at the end of slum dog millionare, danny added this in as an ode to the celebration which is is bollywood and india which is this massive dance on one of the most chaotic, busiest train stations, thousands of commuters go through this train station. it. victoria terminal. and it was a moment of absolute euphoria. and these two characters are rejoin-- rejoicing in love. and finished that, done the whole press tour for slum dog. and coming back into london i open pie door and i see my parents standing in front of the screen. the tv with tears in their eyes. and these terrorists had walked in, these young men, opened their satchels and taken out a k-st and opened fire. so all these unsuspecting travelers, families, kids. >> and it was a horrible thing and when i heard that they were making a film, i wanted to be a part of telling their

joining us from mumbai.s brotherkim jong-un' killed with poison at kuala lumpur's airport. we will look at what that means for the regional security picture. ♪ rishaad: a quick check of the this is flash headlines. in posted its fourth loss six quarters, burned again by higher than expected claims costs, widening to more than $3 billion with a loss of $2.72 a share. are struggling to get profitability going, regulatory firing revealed paulson and company cut its aig stake last month, even though john paulson sits on the board. goldman sachs sending a message to its underperformers that they are probably better off elsewhere, denying 100 investment bankers a bonus. it is seen as a strong hint to start looking for another job. a number of employees missed out on the bonus in recent weeks, higher than the year ago. credit suisse may be able to avoid selling part of it swiss unit after a settlement on toxic mortgage securities is less than anticipated today fourth-quarter loss of $2.3 billion and will cut 6000 j

and he was busy filming in mumbai at the time, but very delighted, as if he can't believe how far heev, but it couldn't happen to a nicer guy as well. it is interesting to see his career go from channel 4, skins, the big break of slum dog millionaire, but he worked in us television for aaron sorkin in the newsroom as well. he has changed and sell significantly as an actor, physically, for this role. he has beefed up to play this guy. i think you will be an important british actor in the years to come, because you mentioned the diversity issue, this is a film with a story about people of colour, and last year, we had hashtags. we will not get those of the baftas this year. things have changed quite significantly, and dev patel is at the vanguard of that. more from lizo now. thank you, i am with the director ron howard, who is nominated for the documentary the beatles a week the touring years. —— the beatles: eight days a week — the touring years. so much has been said about the beatles over the past few decades, what inspired you to make another story? i realised the perspective you c

telecoms reporter joins us now from mumbai to explain. this has all to do with selling airwaves.hare, as well as spectrum. india is divided into 22 circles, and in each circle, there are limits on how much a company can hold in terms of spectrum. if vodafone and idea do merge, give away have to get some of those airwaves. shery: what are they worth? >> $890 million, but at the same time, the companies may have to sell them cheap because they want to get rid of them in the one year time limit that indian rules allow before they can approve a merger. shery: thank you so much for joining us. challenges mount against his travel ban, president trump has been blasted by republicans and democratic lawmakers for his latest comments about vladimir putin. ramy inocencio has the details from new york. ramy: with the donald trump's latest words on russia, it is a question of moral equivalency. is u.s. action in the world morally quick meant to russian action? many people would saymany peoplt least hope not, but mr. trump says yes. >> we have a lot of killers. do you think our country is so i

we'll be live in mumbai for the latest. it's no longer childs play for disney — the iconic entertainment giant delivers mixed profits news despite the success of the latest star wars movie. three federaljudges in san francisco have heard arguments from a lawyer representing the us government that president trump's travel ban is motivated by fears of terrorism. two states, washington and minnesota, are suing to invalidate the ban on people from seven mainly muslim countries, and they're are also arguing that a lower court order to temporarily suspend it should remain in place while it's being legally challenged. a lawyer for those two states was asked to explain how the ban could be considered discriminatory against muslims. richard lister reports from washington. behind these walls, lawyers were doing battle in the biggest test of the trump presidency. should his travel ban be reinstated or thrown out? the proceedings were streamed on the internet. first came the government's lawyer. the executive order issue puts a tempora