prefer of it would osaka.and we are a company that focuses on fun, entertainment, and attraction. we pride ourselves on having the hotel, restaurant, and topic top amenities. we have the most michelin star restaurants comes of these are the important elements we want to bring anywhere globally. >> i wonder how people in tokyo feel not being as fun? much more ahead. the latest numbers live from beijing straight ahead. this is bloomberg. ♪ yvonne: 7:30 a.m. monday, starting off with a beautiful weekend in the city. we are a few minutes away from the asia open. betty: it is a better weekend in new york, although it is hazy on the skyline. it is better than it was with the rainy weather the last 48 hours. p.m. in the big apple. yvonne: you are having a long weekend. first things first, first word news with paul allen. embattled south african president jacob zuma is said to have survived a bid to force him from office. votedecided not to call a of confidence despite the president facing increasing pressure to step

south korea'sjeju united made sure of second spot in group h when they beat gamba osaka 2—0.f at last year's olympics in rio. her penalty saves in the quarter—final win over the united states and the semi—final victory against brazil earned her recognition outside of the women's football world. she's a nominee for this year's bbc women's footballer of the year award. here's her story. i feel honoured to be chosen as one of five in the world. just let that sink in. five in the world. today, i would say she is the best. she cares a lot and she is working really hard for a lot of social important things in society. she asks so many questions. some of them i don't like, as stupid, but some of them are brilliant. that makes her really interesting. that was my dream from when i was very little and somewhere along the line i realised i am a girl, a woman, so my perception of being a professional footballer is not what i thought it would be. it hit me at some point. i don't know, i was actually part of the 2003 world cup squad that came second and after that i thought everyone knew w

>> i've been to osaka and it doesn't seem like they would do that. >> not at that amusement park. >> i don't remember an amusement park. i remember a giant soccer stadium. this was september in by -- one of our faithful viewers. and she was at the travis air force base watching the fly by show. i don't know there was a show. look at these guys. the vicinity a little bit restricted due to sea haze. and we can still see the port of oakland. watch this view. all morning long this finger of fog has been hovering around the golden gate bridge. temperatures in san francisco, 61. otherwise, away from the lingering fog. and 72 in santa rosa. and 73 in san jose. check out the winds, relatively under 10 miles per hour. northwest, southwest, south, southwest. that's what we call variable winds, they'll increase 10 to 20. our weather watcher in san francisco is reporting a wind at. 62degrees. thanks, george, for playing along with us. this area of low pressure produced snow in kern county yesterday. that's in the central valley, working your way into southern california where we had sleet and ra

melco says it would prefer osaka because the region is "more fun."n you go ton, the region, it is more fun related. we are a company that focuses on andand entertainment attraction peer group pride ourselves on having the hotel and restaurant and top amenities. for instance, in macau, we have the most michelin star restaurants at our properties, so these are important elements that we want to bring anywhere globally. some lines crossing the bloomberg. john williams speaking at an event in singapore, expecting unwinding of the balance sheet to begin sometime later this clearone of the indications we have had so far as to the fed's intentions on how to deal with that balance sheet unwinding, saying gradually raising rates will help prevent overheating when it comes to the economy, saying the u.s. has reached or even exceeded for employment. onare getting jobs numbers friday, expected to be robust, saying we don't want unnecessary volatility and the balance sheet unwinding should run in the background and the "boring." this is coming from a text of the

lauren host says when it comes to building a casino in japan he'd choose osaka. entry after lawmakers voted to open the country to casino gambling. >> i'm not so sure. i've been to tokyo probably 200 times in my life. i'm not sure tokyo needs an integrated resort. tokyo by itself is amazing. it's like when people ask me, do you think new york or london needs an integrated resort. no, you don't need an integrated resort. but the places where you do build integrated resorts are like places like las vegas, macau, places where you go there to have fun. taylor: others competing for japanese gambling licenses includes las vegas sand and m.g.m. resorts international. that's your bloomberg business news. mark? mark: taylor, e.c.b. president mario draghi will be grilled at 2:00 p.m. eastern time and will be the scheduled appearance before next week's monetary decision. while the area is strengthling, draghi could point to low core inflation as he makes the case for keeping policy on hold. with erik norland and the president of the german institute for economic research, m

we are seeing strengths on the nikkei futures out of chicago and osaka.asx futures, pointing down about two thirds of 1%. this is after the broader asx fell half a percent yesterday. dragged down by the banking stocks. commonwealth bank down almost 4%, and it makes up almost 9% of the asx by weight. if that goes, the risk of other markets photos -- follows. i'm in canberra, because last night we had the australian budget handed down and that contained a, liability level on the banks raising 4.6 lien dollars over the next four years. also the budget we see a deficit of 21 billion u.s. dollars.the australian budget expects to return the so plus -- surplus by 2021. cpi and ppi, china for april, and south korean unemployment figures. i'm paul allen here in canberra. more from "bloomberg technology," next. ♪ caroline: welcome back to this special edition of "bloomberg technology." i'm caroline hyde. we are live from boston all this week, showcasing the innovation, diversity, and power of the cities tech economy. one thing boston is known for is the booming bio

japan, depending on how many cities are jurisdictions, each of those cities, like osaka or yokohama, one or two sites per city, it could easily be a $20 billion market. again, if it is $20 billion divided by two or three or four operators, it would be significant. haslinda: you seem upbeat in the recovery. what do you see as the risk factor? as theink ultimately melbourne resorts is a very -- milk oversight is a young company, we embrace technology. the disruptive businesses around the world like the internet of things, we think about how to embrace the younger generation. we think we are well-positioned. we have so much of the non-gaming advantages that attract people and consumption. your company is not just grant -- for us, it is not just your grandfathers back alley casino. we have the two biggest nightclubs in macau. we have the most michelin star restaurants. fromve the total solution, life all the way to attractions and entertainment, that would appeal to the broad spectrum of the demographic. haslinda: what other issues have been discussed -- one of the other issues being dis

building lauren says a casino in japan he'd shoes osaka over tokyo.among the heavyweights seeking entry into japan after lawmakers voted to open the country to casino gamblings. he says there's nor opportunities to develop osaka as a entertainment destination. that's your bloomberg business flash. matt? matt: thanks, taylor. oil trading in new york just below $50 a barrel. by that i don't mean in new york literally because the nymex is closed but the new york contract right now, that after opec got an extension on its production cut deal. more now with tom petrie, the chairman of petrie partners and been an active advisor in more than $250 billion in energy related mergers and acquisitions including many of the largest in the industry. he has led the team that advised saudi arabia on its natural gas initiative and alaska on gas pipeline options as well. so tom has talked to us a lot about oil. he's talked to everybody in the world a lot about oil and people listen to what he has to say. i'm going to pull up the contract right now and see how the nymex

operators like mgm and sands have indicated they only want to build out in a big city like a big city like osaka high populations and access to the international airports to justify their investment. are we talking about here in terms of the local governments that have been unhappy? what are they unhappy with? is it the fault of the developers? i think they are unhappy because this bill, the legalization of casino gambling in the building out of these resorts, was sold as a way to grow the japanese economy and to bring more tourists in, especially to these smaller cities and rural areas where they said a potential casino resort may be located. now that they have two partner first, they are worried that some of these big operators were only want to go to these big cities and not them. haidi: what are some of the other concerns around the new framework? there are a lot of concerns for something that hasn't started to take lace yet. you are right. some of the other things, the details are not fleshed out, so when knows what the tax rate will be. a lot of the operators need to know this in order to