i'm paul allen in sydney. shery: i'm shery on. ahn.e: -- i'm shery sophie: and i'm sophie kamaruddin. paul: the top stories we are covering in the next hour. wall street closes lower. the dollar extends its rally to a four-month high. tesla swings wildly in late trade after a mixed bag of results. new losses. max crisis forces bowing to pull its forecast for the its -- boewing to pull forecast for the year. shery: later, we will break down some of the top tech earnings, including facebook and microsoft, with daniel morgan. let's get you started with a quick check of the markets close. here in the u.s., stocks fell from record highs. the s&p 500 holding above the 2900 level, but still falling 0.2%. we had the likes of caterpillar falling after reporting results. not to mention the energy shares weighed on the market. the oil rally hit a wall with a surprise rise in crude supply here in the u.s. still, about 80% of companies that have reported earnings on the s&p 500 have beat estimates. a few companies coming out after the bell. we

i am paul allen. shery: i am shery ahn. sie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering. bombsad, 450 wounded, explode across sri lanka with christians and tourists among targets. debating impeachment amid the widening fallout from the mueller report. a bloomberg survey suggests

i'm paul allen in sydney alongside selina wang in san francisco. take a look at the top global tech stories of the day. selina? selina: get ready to add wework to the list of highly anticipated ipos in 2019. the shared office giant says that initially filed in december for what will be likely the second-biggest u.s. public offering of the year, just behind uber. just like some of this year's big name tech ipos, wework is losing money. losses exceeded $1.9 billion, while revenue came close to $1.8 billion. intel shares fell for a ninth straight session following last week's weaker than excited earnings. the company cut its full-year outlook predicting the data center group would post its first decline in a decade. shares have dropped as much a 13% over the past five sessions, the longest streak of losses since september. in a worrying sign for tesla deliveries, the finished goods inventory including cars ready for sale at top $2 billion for the first time. the count was a rise of 6% for the end of 2018 and up about 90% from a year earlier. tesla att

we have the first word news headlines from paul allen. paul: the united states is threatening to restrict the flow to nato allies if they ignore allies -- one is about china's technology. this may be the most exquisite morning yet. some new members, including the u.k. have robust u.s. warnings. >> at the risk exceeds -- if the threshold, oure task is to do education and make sure they understand every sovereign nation and then the united states will make his decision. >> he was concerned about the company's declining performance and the state of the alliance. speaking to lci before he was detained again, there is a conspiracy against him. it dates back to at least last night. >> there has been a systematic demolition. there are some people inside nissan, did benefit from complicity. they had not seen enough influence on the act in japan. >> wikileaks says julian assange maybe run out of ecuadorian embassy in london. they call a high-level source with any ecuadorian state. they say there is an agreement for the arrest. --ileaks says the sou

i am paul allen in sydney. we are one hour away from the australian market open. ening. i have shery ahn. sophie: and i am sophie kamaruddin and hong kong. welcome to "daybreak asia." paul: our top story this wednesday, asia-pacific stocks look set for gains after wall street closed at new highs, but there are warnings the rally may soon come to an end. texas instruments falls after warning

let's get to first word headlines with paul allen. president trump will meet china's vice premier in signs that are edging toward a deal. an economic adviser larry kudlow says talks are making headway. outstanding issues include protection for american intellectual property and an enforcement mechanism to ensure china honors the commitments. the bank of japan has some rare good news with demand exceeding supply in the fourth quarter by the most in 26 years. governor kuroda has repeatedly pointed to the output has the confidence measured that the bank will achieve its 2% inflation target. asever cpid slid -- cpi slid exports and growth weakened. carlos ghosn dismissed his arrest as "outrageous and arbitrary." prosecutors detained ghosn on thursday. he has been arrested in alleged breach of trust in pain funds for personal purposes. ghosn says he is confident if he is tried fairly, he will be vindicated. >> i daresay this is a show of japan's hostage justice by hurting mr. ghosn to give more advantages to the prosecutor's side. i find it

i am paul allen. shery: i am shery ahn. sie: i'm sophie kamaruddin. we are counting down to asia's major market open. ♪ paul: here are the top stories we are covering. bombsad, 450 wounded, explode across sri lanka with christians and tourists among targets. debating impeachment amid the widening fallout from the mueller report. a bloomberg survey suggests using in japan. some say it could happen as soon as this week. shery: a quick check of the market, closed ahead of a 300 holiday weekend. the s&p 500 pushing up .2% topping the 29 hundred level and industrials led the game, upsetting the weakness in financials and energy shares. .e had positive eco-data retails jumping a most since september 2017, not to mention employment -- unemployment claims fell. there was caution given the special counsel report by robert mueller cap thursday. we had targets closed in asia. let's see how we are setting up. sophie: we have markets in australia, new zealand and hong kong off line for the holiday weekend. happy easter to all who celebrate. on the earnings lineup w

i am paul allen in sydney. we are one hour away from the australian market open. shery: good evening. i have shery ahn. sophie: and i am sophie kamaruddin and hong kong. welcome to "daybreak asia." paul: our top story this wednesday, asia-pacific stocks look set for gains after wall street closed at new highs, but there are warnings the rally may soon come to an end. texas instruments falls after warning the chip slump may drag on. demand is down across the board although 5g is a bright spot. and oil rising to a new 2019 high with saudi arabia said to be wary of raising output to offset the impact of u.s. sanctions on iran. paul: let's get you a quick check on markets. out a record high alongside the nasdaq as well, which is up 1.3%. we have some better than expected earnings from the likes of coca-cola, twitter, and hasbro, pushing the markets higher. some warning signs. the 14 day rsi pushing into overbought territory. let's see how we are shaking up -- shaping up for the markets in asia. sophie: asian markets set to join the u.s. with the earnings season upon us

i am paul allen. sophie: i'm sophie kamaruddin in hong kong. we are counting down to asia's major market open. ♪ paul: the top stories in the next hour, get ready for a global data dump with more of the world's biggest companies reporting earnings and a delusion of indicators from washington to beijing. socialism survives in spain with pedro sanchez sent to retain power. we will go to -- set to retain power. we will go there. game,record for the end its opening weekend. april almost over, we have seen of stocks faltering. look at how u.s. markets fared on friday. the s&p and nasdaq closing at record highs. better than forecast earnings. amazon and 40 -- investors considered u.s. gdp reports which showed underlying weakness . the fed will begin easing this year. the policy decision will be closely watched for clues. this monday, we have japan off-line for golden week, also the start of the new imperial era. we also have a mixed start for the week with u.s. china trade talks in beijing and another round of voting in india's election. they are off

this is bloomberg. ♪ paul: i am paul allen in sydney. ne hour away from the markets open. shery: i am shery on. sophie: i'm sophie kamaruddin in hong kong. welcome to "bloomberg daybreak: paul: this friday, a tale of two sectors. amazon and facebook lead a tech rally, while industrials slump.

paul: i am paul allen in sydney. we are under one hour away from the markets open. shery: i am shery on. sophie: i'm sophie kamaruddin in hong kong. welcome to "bloomberg daybreak: paul: this friday, a tale of two sectors. amazon and facebook lead a tech rally, while industrials slump. president xi takes center stage to tell the world he is still on track. live in beijing with the latest. shery: let's get started with a quick check on markets causing the thursday session. stocks were mixed. we had all different earnings, industrial sectors underperforming. that weighed on the s&p 500, which finished little changed. strong results out of microsoft and facebook that lifted the nasdaq, which gained 2/10 of 1%. 100 blue-chip stock index closed at a record high. it has been all about earnings and tomorrow, the focus will shift the first-quarter gdp numbers. let's see how we are setting up in the asian market. sophie: quite a lot on investors mind. losing ground rally kiwi dollar is gaining. the governor is not too concerned about slowing growth for new zealand. this morni

i am paul allen in sydney. york. taylor riggs in new counting down to asia's market major -- major market open. ♪ paul: the top stories we are covering, wall street closes the regular session in mixed mode as investors assess take earnings -- assess big earnings. apple tops estimates, share buyback is being raised and dividends are on the up. president trump resumes his attack on the fed, saying a rate cut would plunge the economy. facebook's vice president of partnerships live from the developers conference in san jose, but first let's get a quick reminder of how stocks ended in the u.s. session. a record high on the s&p 500. of 18% year to date. you are seeing a divergence in the tech sector. alpha that was a big loser today , having its biggest one-day drop since 2012. all eyes good apple and other chip -- go to apple and other chip makers. apple to qualcomm, but all other chip makers. apple beats across the board. thanks. let's get a quick check on how things are shaping up this wednesday. as trillion futures poin

paul allen is in canberra covering this for us.plus for the coming year, but is the budget actually ever going to see the light of day? it's only going to get enacted if the government wins the election, which will probably be sometime in the middle of next month. so apart from a couple emergency measures for pensioners, none of this will be enacted before the the day, but it didn't stop budget from being read in the house, the treasurer proud of what he is achieving in the coming surplus. listen to what he had to say -- >> the budget is back in the black, and australia's back on track. [cheering] [applause] >> hear hear. >> for the third time in 12 years, our nation is again paying its own way. we have made real progress, but we know the job is not done. back in black, almost. that is next year. this year, there is still a deficit of $4.1 billion, but the projected deficit for 2019-2020, $7.1 billion and rising to over $17 billion in 22 anyone-22. $158 billion of tax relief in the next 10 years, for small companies earning less th

funded by the late microsoft founder paul allen, the stratolaunch aircraft is designed to act as a flyingin 2011, the project aims to make the process of launching satellites into space less expensive than conventional rockets. earlier, i spoke to alan boyle, aerospace and science editor for the american tech new website geekwire, and began by asking him why the developers have gone through such effort to get the plane off the ground. the point is to provide a new method for putting satellites into space that's more responsive and more versatile. if you're launching rockets from the world's biggest aeroplane, you are able to go to places where the weather is better, you can launch anywhere where there's a big enough runway to accommodate that plane. so was more about having the ability to launch quickly and to launch into any orbit. you think it is fundamentally useful, this will be around for a while, we will see more of them in the future? that's a debate. whether it will be the next saturn v or whether it will be the next spruce goose. a lot has changed in the launch industry in the la

i am paul allen in sydney. >> it is foggy and gloomy in new york. i am shery ahn. you're watching daybreak australia. in the cohead of zach -- , we have seen chinese growth starting to stabilize. the gtv chart on the bloomberg anding first quarter sales ip starting to stabilize. when will this growth in china spill over to the rest of the world and impact currency? as it done that already? >> that is a great question. that is on the top of every member's mind. chinese growth is really picking up. it is a huge economy and has been affected throughout asia. we haven't seen those effects speed through yet. that includes australia itself and the north asian economy, like the koreas. we haven't seen the spillover effect yet. we think that will be coming over the next few months. shery: where do you go? >> that is a great question. china is picking up but the yuan is staying flat. there are two currencies, those that benefit from chinese growth and the ones tied to the yuan. we think investors should be tied to the former. the real.ian peso, currencies, the taiwan yuan a

rather than from the ground that makes space missions cheaper in theory it's the brainchild of paul allen he's the late. you're watching the news from berlin don't forget you get the latest news information around the clock on our web site www dot com up next reporter three minutes of fame thanks for watching. when the worst territories and people fight for survival when he's on a bike get people to buy a new body when there's a floodwater comes up to your waist on your clothes faster everyone needs to fight . but a lack of water these equally dangerous. move south so they can plant crops and trying to feed. floods and droughts will climate change become the main driver of mass migration you couldn't write any kind of peace not if you want and probably most of them to come to. the climate exodus starts your full thirty years on d w. the next few minutes will be the most important so far in tanya's short life. the show is called. the voice kids runs during prime time on russia's first channel. tanya's competitors are no slackers. and i know. a lot. to make it big you got to start small. a

paul: i am paul allen in sydney.stors wait for signs on stimulus, today's managing indexes are front and center on the radar screen. kathleen hays is here with a preview. both the manufacturing and services are expected to stay at levels that signal growth. is this another reason for pausing stimulus? kathleen: one of the big questions hanging around the world. wait for china's purchasing managing index on manufacturing and nonmanufacturing. let's find that services and construction. let's jump into our bloomberg library and take a look at the charts. we will show you where they have been. these two indexes and why there was so much concern around them earlier in the year. you can see the top line is the services index. in the state above 50, the dividing line between growth and contraction is expected to rise to 54.9 on the reason -- region from 54.8. it is manufacturing that has been an issue. manufacturing falling at a low around 44. this was as the economy was slowing. this was as the signal was sent to the peopl

let's get you caught up with paul allen. >> thanks.ave halved over the past two years as brexit uncertainty knocks confidence. a survey by one recruiter says the number of city jobs available and the number of professionals seeking new positions have fallen by 50% since 2017. the survey says dublin has been by far the biggest beneficiary. says he would be willing to hold a third summit trump, as long as the u.s. comes up with an acceptable nuclear deal by the end of the year. the media reports he enjoys relations with trump but warns the u.s. has been making unilateral demands. the president has said he's open to another summit but is not prepared to lift sanctions without major concessions by north korea. the saudi arabian sovereign wealth fund is said to have open to talks for up to $8 billion. sources say the public investment fund wants it fully underwritten, repaid from the sale of its stake to aramco. talks have told the been staged in the final size with a pen on the banks reaction. the former malaysian prime andster returned to

high up in the air all of them in the ground making space missions cheaper is the brainchild of paul allen the late co-founder of microsoft but the stratolaunch faces stiff competition from other contenders including a satellite launch are being designed by richard branson's virgin or bit company. you're watching news from berlin thank you so much for joining us. earth home tunes of species a home worth saving. those are big changes and most start with small steps global warming two years tell stories of creative people and innovative projects around the world like to use how to convert jews to green energy solutions and reforestation. they create interactive content teaching the next generation about environmental protection and more determined to build something here for the next generation global ideas the multimedia environment series on d.w. . hello and welcome to a special edition of shift about how robots with artificial intelligence conquer the living room. for today's show or present your method director is a villager her film high documents people around the world who've incorpor

it's the brainchild of paul allen the late co-founder of microsoft but the strata launch faces stiff competition from other contenders including a satellite launch being designed by richard branson's virgin or bit company. you're watching news live from berlin don't forget our web site that's. the finale behalf of the whole thing thanks for watching. i'm scared that if i work that's hard and in the end it's a me you're not allowed to stay here and we will send you back. are you familiar with this. with the smugglers with minors. what's your story. with numbers of women especially in victims of violence. take part and send us your story we are trying. to understand this new culture. so you are nothing visitor nothing yet you want to become a citizen. in so migrants your platform for reliable information. such. as knocked down last time around but dortmund's not out of the title race bracket hold dortmund's kept it in crew are eyeing the throne determined to get back on track starting with mines. the visitors might have looked like easy money on the road lately losing their last five g

from high up in the ever all the on the ground making space missions cheap it's the brainchild of paul allen the late co-founder of microsoft. you're watching news live from berlin thank you so much for joining us. live from jerusalem. yourself we're. going to. channel. don't miss out. look closely. carefully. don't know if we'll soon be sure to get. to discover the little. place. you. subscribe to the documentary to. coming up this time on world stories. rounding up criminal crimes in germany. breaking conventions in iran with body art. we start off in rwanda twenty five years have passed since nearly we. one million people mostly twenty one that is the legacy of this genocide is a heavy burden for the younger generation to bear. we want to. this is where our house used to be before the genocide nothing is left of it now. bent it all down after looting it and i guess what i'm saying thank everyone when he was just three months old when his parents and four siblings were killed by hutu militias he's a survivor of the one nine hundred ninety four genocide in rwanda the fastest of the twentiet

paul allen here with an update on the fiscal push from authorities. preparing akorea is big cash injection to boost growth. they are planning and i for budget of over $6 billion to tackle over -- tackle challenges. for adds to a record budget 2019, $6 billion extra. still only two thirds of the growth recommended by the imf and korean central bank. the islamic state says it carried out sunday possible is in sri lanka that killed 321 people and wounded hundreds more. initial investigations are focused on the mastic jihadist group. group.stic jihadist sri lankan stocks returned to they fellthat will -- to their lowest levels in six years. u.k. lawmakers resume talks to see an agreement on a new deal. the government is testing support before putting in a keep pace -- pisa legislation. theresa may can also face a leadership challenge, putting boris johnson 17 points ahead of the pack. are checkingors with a 12 million vehicles for a legal flaw that could prevent airbags from deploying the crash. they identify two major accidents. this is also looking at f

high up in the air all of them in the ground making space missions cheaper is the brainchild of paul allen the late co-founder of microsoft but the stratolaunch faces stiff competition from other contenders including a satellite launcher being designed by richard branson's virgin bit company. you're watching news from berlin thank you so much for joining us. earth. home to ruins of species a home worth three. years.

air rather than on the ground and that should make space missions cheaper it's the brainchild of paul allen is the late of microsoft. you're watching the news from all the latest news and information around the clock on our web site. thanks for watching. sometimes books are more exciting than real life. raring to. go. once there's no escape. list one hundred german most straight quadriga international talk shows it's been a tumultuous week in german politics and europe resolve bitter divisions over.

missions cheaper it's the brainchild of paul allen is the late of microsoft. you're watching the news from berlin don't forget all the latest news and information around the clock on a website that's deep w. dot com called aspen thanks for watching. sometimes books are more exciting than a real life. brain to. long haul. what if there's no escape. ritualised. german street quadriga international talk shows it's been a tumultuous week in german politics and europe resolve bitter divisions over migration the government it is said stead into the abyss could friendly fire from president trump defeat one of the strongest military alliances in the streets pano my guests have to say on quadriga. mortaring go on t w. coming up this time on world stories. rounding up criminal clans in germany. breaking conventions in iran with body art. we start off in rwanda twenty five years have passed since nearly one million people mostly tootsies one that is the legacy of this genocide is a heavy burden for the younger generation to bear. of course we want to hard and this is whe

its brainchild of paul allen the late co-founder of microsoft. and we'll remind you now of the top story that we're following for you a swing to the left in finland's parliamentary election the center left social democrats celebrate victory as their on course to lead been lynched next government and have rejected the current coalition's austerity policies and the populist finn's party looks set to be the biggest opposition force. news from berlin don't forget you can get all the latest news and information around the clock on our website best e.w. dot com up next is reporter will follow a russian girl hoping to make it big in a singing talent show imus waiter thanks so much for washing. your responsible reaction. around six hundred years ago. in the midst of the revolution in the culture.

from high up in the air rather than the ground making space missions cheap is the brainchild of paul allen the late co-founder of microsoft. here watching the news live from the get the another to get you can always get all the latest news and information around the clock on our website that's the dot com but for now on behalf of the whole team here in berlin thanks so much for joining us. here at what's coming up for the book good news with one team to talk about you want the job you know it's time to take a look a little bit means for the title of course.

paul allen is here. we were expecting the weakness. paul: no huge surprise.uarter iron ore shipments, 56.1 million tons versus an estimate of 58 million. down by about 3%. new guidance from bhp. 265 to 270 million tons. field guidance was about 273 million to 283 million. bhp did not want to subvert the numbers for the same reasons of rio, cyclone veronica. bhp not too badly affected but there was flooding that affected the rail lines and port facilities as well. one more big miner. it's interesting to see bhp and rio tinto taking a hit in the u.s.. adr both sliding. on the news that vale got authorization from a judge in brazil to restart the dam at the mine which produces about 30 million tons. that might ease some of the supply pressures we have been seeing, pushing the iron ore price steadily higher. minerswe saw the following overnight. paul allen here. let's get back to one of the other big stories. the world's biggest exercise in a single day of democracy is getting underway in indonesia. let's get to jakarta. our chief southeast asia correspondent has

afar high up in the air rather than the ground making space missions cheap is the brainchild of paul allen the late to co-found microsoft but the strata launch faces stiff competition from other contenders including a satellite launch being designed by richard branson's virgin obit company. you're watching news live from berlin don't forget our web site that's. the finale behalf of the whole thing thanks for watching. i'm secure in the volume. that's hard and in the end you're not allowed to stay here and we will send you back. are you familiar with this. with the smugglers with lives of.

the air rather than from the ground that makes space missions and theory it's the brainchild of paul allen he's the late. you're watching the news from berlin don't forget you get the latest news information around the. next reporter three minutes thanks for watching. when the water starts rising people fight for survival in a funny case i don't i get it but if i did but when there's a flood water comes up to your waist by your clothes fast to everyone and me. but a lack of water is equally dangerous.

let's cross over to paul allen in cambria.effort poured into this budget turns out to be pointless? >> it is correct. there is a strong possibility. the budget was unveiled last night. it may never get enacted. passed,asures will be but the bulk of it will not be put to a vote, although it was still read to the house last night. let's have a listen. is back in the black and australia is back on track. [applause] >> here, here. >> for the first time in 12 years, our nation is again paying its own way. we have made real progress, but we know the job is not done. >> back in black not 100% correct. deficit, $4.2 a million. to1 billion surplus for 2019 2020. the government sees surpluses continuing to build to $15 billion in 2021 and 2022. there is a tax break for middle income earners of up to $1080. these tax breaks will reach 12 million australians. is an irrelevant conversation. is this budget enough to give them a chance? >> that's right. we will have to wait and see. the opposition labor party is promising exactly the same th

we talk about billionaire-backed space race paul allen was one of the originals. >> his memory livesj.b. hunt tonight. let's get to the judge >> i'm scott wapner. the march to new highs getting closer by the way. what to buy, what to avoid it's 12:00 noon. this is "the halftime report." >> where should you put your money with the s&p 500 approaching a new high goldman sachs has a list of 20 stocks to buy now. >>> plus, the disney upgrade one of the most outspoken bears raises his rating on the stock after being on the sidelines for more than two years. >> and our call of the day the bold case for western digital. an analyst is saying the cyclical recovery is

paul: good morning, i am paul allen in sydney. shery: i am shery ahn. sophie: i'm sophie kamaruddin theory welcome to daybreak asia. paul: asia looks set for a mixed start after wall street pulled back from a record. the dollar extends its rally. i mixed bag of results for tesla, investors weighing new losses and in the -- facebook jumping after our -- after hours. shery: breaking news out of ,outh korea, the south korea growing 1.8%. this is the slowest growth since the third quarter -- first quarter 2009. looking at the adjusted gdp, the economy contracted, 0.3% instead growing 0.3% as it was expected. quarter onon of 0.3% quarter, that means it was the worst growth since fourth quarter 2008. a contraction of 0.3%. so much so that the numbers are leading the south korean finance minister to host an emergency meeting on this gdp report. year on year, first quarter gdp , growing 1.8%. significant slowdown from 3.1% in the previous order and contraction when it comes to quarter on quarter basis. we have seen significant weakness especially with the govern

i am paul allen in sydney. shery: i'm shery ahn in new york.s groups or when president trump against keeping tariffs on chinese good in the event -- goods in the event of a trade deal. they are worried tensions will linger. let's discuss this with a former director of the world economic forum and the founder of -- great to have you with us on the show. our business is right right now -- are businesses right to worry about tensions lingering if and after a deal is signed? >> absolutely right. it is gloomy. terrorist attacks to brexit and the u.s.-china trade war. i believe we might enter a new face of global disruptions leading to a new economic crisis. the u.s.-china trade were might be the trip -- war might be the trigger. i am quite pessimistic. i think president trump is turning his attention after the mueller report to china and it is uncertain what is happening. shery: talking about a potential type or -- coming between the u.s. it tech war between the -- between the u.s. and china. the revenue jumping almost 40% in the first quarter. how

it is designed to carry loads of up to 650 tons it was founded by late microsoft co-founder paul alleno use the new plane to send small rockets with satellites into orbit. >> fascinating to look at this thing. >>> all right, still to come, why for profit colleges are accused of preying on our nation's heroes. vacation where the "game of thrones" fantasy becomes a reality. coming up here on "early today." whimper yap yap yap yip licking, scratching, scooting, and rubbing... may be signs of allergic itch, a medical condition that may require fast-acting, prescription apoquel. apoquel has helped over 6 million itchy dogs get the relief they deserve. apoquel goes right to the source of itch to provide relief in as little as four hours! woof because nothing should come between you and your furry friend... ...especially not allergic itch! apoquel is for the control of itch associated with allergic dermatitis and the control of atopic dermatitis in dogs. do not use apoquel in dogs less than 12 months old or those with serious infections. apoquel may increase the chance of developing serious i

funded by the late microsoft founder paul allen, the stratolaunch aircraft is designed to act as a flying 2011, the project aims to make the process of launching satelites into space less expensive than conventional rockets. let's take a look at its maiden flight. famous for his dazzling glass sculptures, artist dale chihuly has returned to kew gardens in london for his latest installation. with over 30 sculptures on display, some never been seen before in the uk, our correspondent wendy hurrell has been to meet him. well, i love greenhouses, you know, how can you not love 0? it is just the most extraordinary, some 300 acres with all these greenhouses —— kew. it is notjust on the class that you see this reflections of nature. the cherry blossoms are out at kew gardens. not only tulips, but these amazing glass sculptures. this is just these amazing glass sculptures. this isjust one of these amazing glass sculptures. this is just one of 32 installations across the gardens that are going to be here until the end of october. it is the work of artist dale chihuly, based in seattle. thousands o

it was funded by the late microsoft co—founder paul allen. there. it is a familiar theme really through today. most places dry, on the chilly side as well but we are seeing more cloud around. one part of the uk that's been quite cloudy day has been the south—west of england. we've got this area of cloud stretching from the south—west, across wales and up towards northern ireland. that's not really moving very far. it's actually a weak weather front that is just stumbling into that area of high pressure, that's blocking things off and drawing in the chillier airand bringing us, earlier on at least, a lot of sunshine. but as temperatures have risen so we've seen more patchy cloud developing, that's spreading out a bit more, limiting the sunshine a bit during the afternoon. and we have still got the cloudier skies, stronger winds for northern ireland and towards the far south—west, perhaps one or two spots of rain. the odd light shower possible around those north sea coasts, but on the whole it's a dry day. rather more cloud perhaps then we had

it was funded by the late microsoft co—founder paul allen.blems with people trying to access facebook, whatsapp and instagram. facebook, whatsapp and instagram. facebook site they are or were some people are having trouble accessing what they call the facebook family ofapps, what they call the facebook family of apps, unsightly are working to resolve the issue as quickly as possible. now, no problem accessing tomasz schafernaker. he has the weather. i suppose that's one way of putting it! let's get on to the weather and plenty of cloudy skies across western parts of the uk... in the east of the country there is a bit of bright weather around, temperatures struggling under north sea coast, around 6 degrees on the very coast inland, up to around 10 degrees, whereas overnight with the clear skies at the temperatures will dip away, not as cold as last night when it was around minus five celsius, tonight in a rural spot it will be about —i or —2, then tomorrow western areas cloudy with a few spots of rain in parts of cornwall, 14 in london and edi

paul allen will give us a preview of what we should expect.e out of this is a return to surplus. it is the first time they will have run a surplus in over a decade. we are expecting stimulus. it could be more, you never know. this budget will be full of election-year sweeteners. that election expected to take place sometime in may, within about the next six weeks. helpone-off payments to with energy bills. promising that this will be a budget full of surprises. what is expected from the rba today? paul: it is quite interesting. the last time the rba embarked on this cycle was back in 2016. it was reduced then from 2% to 1.25%, then onto 1.5%. 1.5s expected to stay at today but we will have to be watching the commentary closely. the rba will be looking wednesday at the weakening house prices, the effect that is having on consumption in australia, the effect of employment. the rba is likely to welcome down the track the fiscal stimulus in today's budget. revisingme time, it is looking ahead and of course the bank is already pricing in a cash rat

the aircraft was created by strata launch, the company founded by microsoft cofounder, paul allen. >> a size of a football field? incredible. >> a giant hammer sculpture has been returned. how the people discovered it, up next. >>> children wound up in the hospital after eating a marijuana edible at school. why some people say the school's response was not enough. you wanted to save on prescriptions... so, you went online and got so confused that your brain went offline. next time, ask your helpful cvs pharmacist. we created a proprietary search tool that analyzes ways to help lower your prescription costs. just drop in... before you conk out. see what you might save at cvs pharmacy. [ distant traffic sounds ] [ loud traffic sounds ] [ music replaces the noise ] the new galaxy s10 on xfinity mobile. the phone and network designed to do more. switch and save today, and you get a new galaxy. say "get a galaxy" to learn more. >>> new at 10:00, a part of a giant 800 pound hammer sculpture stolen last year in hillsboro has been returned. according to the press democrat, a local attorney sa

paul allen in canberra. goldman sachs closing a short bet on dollar-yen. we will be speaking with their head of global currency and emerging market strategies later this hour. shery: jpmorgan asset management's carry trade -- kerry craig joins us. this is bloomberg. ♪ haidi: you are looking at live pictures of canberra, where the treasurer will be handing down his first and potentially last federal budget. counting on buoyant commodity prices to dish out 9 billion aussie dollars in cash handouts to woo voters ahead of an expected may election. the rba decision dave. the aussie dollar trading flat at that $.71 handle. stocks have strengthened worldwide as improved manufacturing number went some way to allay concerns. the global market strategist with jpmorgan asset management joins us from melbourne. this is the head scratcher. i am looking at bloomberg data suggesting that whether you are india, about australia, the outlook over the next 12 months according to rates what markets is we're going to's -- swap markets is we are going to see easing. practicing

i am paul allen in sydney. york. n new counting down to asia's market major -- major market open. ♪ paul: the top stories we are covering, wall street closes the regular session in mixed mode as investors assess take earnings -- assess big earnings. apple tops estimates, share buyback is being raised

paul allen is here with the breakdown. slightly shy of expectations. were expecting this for iron ore. 74.7 is what we were expecting. the area in western australia, we had 76 million tons and we expected 79.7. we didn't expect a bit of a rough ride for other miners. dumped 14 inches of rain in 24 hours. a fire at the port facility. that same facility also suffered a fire in january. it was a different fire. there seems to be a lot of that going on. rio tinto says it is working with customers to minimize disruption, but still obviously seeing the guidance at the lower end of the range. that range being 338 to 350 million tons for the year. shery: what does this mean for iron prices then? paul: yes, well, rio tinto was not alone in these supply disruptions. in january, we had that terrible dam first in brazil, vale. 93 billion tons -- million tons a year out of supply. bmp is worried it will become. also metals this week. that is having a profound impact on the iron ore price. the global shipments fell 8%. sees the price rising. a number of analysts and

the company founded by the late microsoft co-founder paul allen sent this six-engine twin fuselage planehe skies of the mojave desert. >> the aircraft will be a launch pad sending satellites into low orbit around the earth. it has 28 wheels on its oversized landing gears. i can't wrap my head around how large this is. >> you have to have air power so they can send rockets out of space. i'll explain it to you during the commercial break. >> thanks. in the meantime, mindy bach. welcome back. >> we're back at it, we were here a year ago. here we go again. >> talk about basketball before i talk about the space program. >> the warriors matched the expectations, especially one certain (vo) ♪ i know what you're thinking. electric, it's not for you. and, you're probably right. electric just doesn't have enough range. it will never survive the winter. charging stations? good luck finding one of those. so, maybe an electric car isn't for you after all. or, is it? ♪ a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete

i'm paul allen in sydney. shery: i'm shery on. shery sophie: and i'm sophie kamaruddin. paul: the top stories we are covering in the next hour. wall street closes lower. the dollar extends its rally to a four-month high. tesla swings wildly in late trade after a mixed bag of results. new losses.

strata launch, a company founded by late microsoft co-founder paul allen, sent the twin engine planento the air of the skies over the mojave desert. it will one day send satellites into low orbit around the earth. it has a whopping 28 wheels on the oversized landing gears. >>> a mountainview attorney who says he's reinvented soda will try to sell to the sharks. he created luma 2.0 after drinking the high-calorie sugary stuff and diet drinks while preparing for trials late at night. he tinkered for months to create this all-natural, low-calorie soda with no preservatives and less than four grahams of sugar per 12-ounce serving. it has sold out on line. see if the sharks buy it tonight at 10:00 p.m. on "shark tank." >>> still to come on abc7 mornings, pope francis celebrating palm sunday at the vatican. his message to the faithful. >>> also, another effort oust mark zuckerberg as facebook's chairman of the board. why some shareholders aren't happy with the social network for unbeatable natnew nice'n easy.or. now in cream. 100% natural looking color. that lasts 8 weeks. gentle on your h

it was dreamed up by paul allen, actually. ashley: it's very impressive.o tune into "mornings with maria" this morning for two interviews. at 7:00 a.m. eastern, maria will interview former nissan chairman's carlos ghosn's wife, carol. that should be very interesting. tune in for that. 8:00 a.m., catch maria's interview with treasury secretary steven mnuchin. lots to talk about there. cheryl: a lot more coming up on our show as well. the road to 2020, another candidate officially throwing his hat into the ring. does pete buttigieg have what it as to be a real contender? again, tiger woods walked away with his first masters win since 2005. but he is not the only one smiling. the incredible masters bet for some million dollars. it wasn't me. ashley: nor me. ♪ sing with me. ♪ sing for the year. ♪ sing for the laughter. ♪ sing for the tears. ♪ sing with me. ♪ just for today. ♪ never tomorrow. ♪ the good lord will take you away. dear tech... you've been making headlines. smart tech is everywhere. but is that enough? i need tech that understands my business. i ne

strato-launch found by late microsoft co-port paul allen sent this six-engine fuselage plane into theskies of the mojave desert. the aircraft will one day be a flying launch pad single satellites into low orbit around the earth. it has a whopping 28 wheels on its oversized gears. >>> a mountainview attorney who said he's reinvented soda will try to sell it to the sharks. jim createded luma 2.0 after drinking the high-calorie stuff in diet drinks while burning the midnight oil preparing for trials. he made this all-natural, calorie soda for a 12-ounce serving. see if the sharks buy it tonight at 10:00 p.m. on "shark tank" on abc7. >>> abc7 news serves as a pro-sponsor of the annual best buddies friendship walk in san francisco. abc emceed at golden gate park yesterday. in the last decade, more than 200,000 people nationwide have walked to raise $16 million for the nonprofit. 95 teams from across the state took part in this walk. best buddies help those with intellectual and developmental disabilities make friends, find meaningful employment and helps to transform them into leaders. >>>

i am paul allen. sophie: i'm sophie kamaruddin in hong kong. g down to asia's major market open. ♪ paul: the top stories in the next hour, get ready for a global data dump with more of the world's biggest companies reporting earnings and a delusion of indicators from washington to beijing. socialism survives in spain with pedro sanchez sent to retain power. we will go to --