you're from shanghai? >> yeah.in modern times, it's hard to imagine that any place has changed as profoundly and is changing as quickly as it is changing here. >> we really feel proud. we really feel proud. our qualities of life is improving really, really fast. >> in a poll, 85% of chinese who were asked the question, do you feel that your life will be better next year, 85% said yes. it will be better next year. that's an extraordinary -- >> number. >> -- number. i don't know a lot of other countries that would say that. >> yeah. >> that looks great. famous chicken. >> chicken. >> mm. so good. >> not bad. >> you know, i'm finding this food really, really delicious. you're saying it's just so-so? >> it's okay. so-so. >> wow. sfx: climbing sounds duracell quantum lasts longer so kevin jorgeson can power through the night. sfx: duracell slamtones what knee pain?? what sore elbow? advil liqui-gels make pain a distant memory nothing works faster stronger or longer what pain? advil. if you misplace your you can use free

shanghai's busiest travel agency closes its doors at 10:00 p.m. behind each customer's visit, lies a story that reflects changes in chinese society. "newsline," it is thursday, april 7th, i'm catherine kobayashi in tokyo. the search is ramping up for an air self-defense force jet that went miss anything southwestern japan. the aircraft carrying six members lost, defense ministry officials say the plane dropped off the radar about 80 minutes after it took off from a base in con con. >> translator: we will continue to do everything we can to find the aircraft and the six people on board. >> on thursda

shanghai.e a look at what is going on social media wise with spacex shooting for the stars, at least the nearest planet. >> the red planet. elon musk announcing on twitter that he plans to send a spacecraft, an unmanned spacecraft, to mars by 2018, a pretty aggressive strategy. he has said that space x is capsule's to resupply the international space station, but he wants to mars. this, whichncing has obvously gone viral. the tweet saying the plan to send dragon as soon as 2018. , quitesk tweeted himself of a plan for them, but he said that they would not recommend transporting astronauts beyond the earth and moon, so you would need a bigger version for that to come through, so he is saying that the internal file of the spacecraft is the size of an suv, so not for humans. he started to interact with a number of twitter users, people asking him questions, and he was replying. one person saying about what another planet? and he replied that it could land on venus, but would only last a few hours.

in shanghai of 3.6%.sting homes we are also seeing major cities taking gains of more than 6%. this apache seeing recovery. now we have authorities in the cities tightening measures. in terms of calling these fairly monumental price levels. all this is being driven up by this massive ramp-up in credit. when it comes to lending new loans are hitting a record high. atregate financing coming in $360 billion. while the highest readings we have had recent years. certainly blowing out analysts expectations. a lot of it is going to the property market in china. that is on top of the current asian area that has had six rate cuts since late 2014. of course they're now doubts about how sustainable this recovery really is. shanghai may clamp down on the comes down to who is eligible to buy more homes. announcing new measures to try to curb what he calls speculative buying. continuing to struggle with the inventory glut. there still a lot of empty homes across china. for a more tailored approach to deal with the indiv

the shanghai composite is down a bit.hologically important the momentjapan at is leading asian stocks to the upside after recent declines in the yen. snapping its longest rally since 2012. that is providing some respite for a japanese exporters. next a look at beijing and a showdown with homeowners. ♪ >> from our studios in new york city, this is "charlie rose." charlie: thomas campbell is here. he became the metropolitan museum of art's ninth director in 2009. he was a curator of the museum department of new york sculpture and decorative arts specializing in tapestries. he has unified the museum's identity and expanded its modern collection. they entered into an eight-year agreement with the whitney museum to occupy a building on madison avenue. able use the space to host exhibitions and performances. the space, known as the met, open to the public on march 18.

looking at the shanghai composite index one-third of 1%. that's up 1.3, 1.13% and hang seng and the kospi each gaining. lauren: in europe this is how stocks are trading. 5-point decline for cac in paris as well. nicole: checking out u.s. stock market futures. yesterday we had been up 150 points but losing the momentum about corporate profits as we kick off earning season. s&p futures up 5. lauren: checking in on key commodities this morning. oil and gold trading with up arrows, 81 cents a barrel. gold is gaining $4 to 12.26 a troy ounce. nicole: aluminum prices weighing on alcoa revenue. revenue fell 15% from a year ago. however, adjusted earnings topped expectations thanks to business for airplanes and auto the company will spin off later this year. alcoa said may cut jobs, marking the unofficial start for earning season. lauren: union 40,000 verizon workers, some members may begin striking, the strike deadline 6:00 a.m. tomorrow morning. new contract limiting outsourcing as well as increasing pay and improving working conditions, the last

we have hong kong and shanghai open.s is "trending business." ♪ rishaad: stocks following wall street higher, crude rebounding to $40 a barrel in new york. that is good for the key we--- the kiwi dollar and the aussie dollar. the yuan has strengthened after korea's central bank adopted a wait and see attitude. economic data has been disappointing this year, the latest figures showed signs of improvement. expecting revised gdp figures little bit later on. of theital ad business former yellow pages.com is planning an offer for yahoo!. tax-free -- it is the start of the tuesday morning session. we have reserve bank of australia dropping across the bloomberg news wire. juliette: a much better session coming through on the markets today. look at these games on the open here in hong kong and shanghai. a very different picture to what we saw yesterday. flat.mobile is pretty good gains coming through in shanghai. -- career rate decision korea rate decision on hold from the bank of korea. we are seeing the won strengthen. the nik

the shanghai composite down 7%. gain half a percent yesterday, adding to those games today at april 17th opec meeting. almost $37 a barrel. the merger between pfizer and allergan. lauren: the obama administration targeting the oil patch deal between an acre is used. trent amazon set to unveil a new high-end candle with rechargeable case. plus the solar powered kendall also on the horizon. lauren: in sports, a record women's championship in the golden state warriors have a tough row to be. a chicago bulls record for the win. those highlights coming up. nicole: 5:31. wednesday. welcome to "fbn:am." the first look at today's markets, the latest breaking news in what to expect if they had. lauren: senator ted cruz winning the republican primary in wisconsin. the senator getting 40.3% of those. donald trump 35.1%. ohio governor john kasich 14.1%. blake remained in milwaukee, wisconsin with the details. >> a turning point and a rally cry in wisconsin tuesday night. cruz soundly defeated donald trump and john kasich. he to

though the other teams to china shanghai composite up shanghai composite at the third represented south korea's cost me one 10th of 1% and hong kong's hang seng 1.3% to the upside. lauren: investors in asia and half a percent in london for the cp at 1.2% gain for the cac in paris and the dax and germany the star of the show. about 2%. >> u.s. stock market futures tacking on yesterday gave. here's a look right now up 484 for dow futures, s&p up nine and nasdaq up 30. >> oil for the first time in five days. back above 40 of 42 cents pickled up $9. >> let's take a look at the currency board here at the u.k. pound canadian dollar mexican peso stronger against the dollar but again is weaker against the greenback. trend to bless check out the yield on the ten-year treasury. 1.79%. treacher nordstrom's is cutting jobs. the detailed brochure retailers is to eliminate jobs of eliminate jobs as it faces headwinds from rivals such as amazon.com. the job cuts represent less than the employees and most of the cuts will occur at the corporate center and regional support team. lauren: target is raisin

shanghai,weakness in seven tens of 1% down.i all about 225 deepening second week losses, the yen surging, past 107 briefly in u.s. trade overnight. the weakness and commodity players playing into the asx 200 . that flight to safety, gold stocks looking strong in sydney. this is where we are seeing most of that weakness. industrial metals, 17 out of the 19 stocks we track lower. a quick check on the yen. it has been the story of the day. the japanese yen to the 18 month high in new york overnight, pushing through 108, but weaker at the moment, down 7/10 of 1% against the greenback. a lot of questions about whether or not there will be intervention anytime soon. rishaad: right, china central bank most likely to extend its paws on monetary easing. they say a pickup in inflation is becoming a big worry. our editor malcom scott is with me now. what are the economist seeing? signs that theng pboc 18 month easing policy is starting to work. whether the cpi figure is the big worry is debatable. it might be a big relief. a year ago, the

taking out the shanghai composite that rose 1.5%. lauren: after another 3% decline yesterday, oil prices fell down 0.4% in trading to the new rule from the government, pfizer and allergan $150 million merger plan. shocking new development. lauren: ceo bob eiger steps down, throwing secession plans into disarray. nicole: and in sports, [cheers and applause] no way. yes, villanova wildcat cut down on the last-second thriller against north carolina. stay tuned for highlight, assign a second man missing his end. lauren: here in new york, tuesday, march the. welcome to "fbn:am" for the first look at today's markets, latest breaking is and what to expect that they had. nicole: voters in wisconsin heading to the polls for the state pivotal primary. take today's contest reset the gop presidential race. lake irvine has the answer from madison, wisconsin. reporter: collection day in in wisconsin and disbelief the vote will come down to a battle between donald trump and type trees. 42 delegates in play. when wisconsin allocates delegates, it's

look out for heavier rain down toward the area south dakota of shanghai.ome places may see close to 100 millimeters of rainfall. some rainfall hitting places like -- this is not the type of weather when recovery efforts require more of the dry weather pattern. the wet weather will be in play as we go throughout the day late tuesday to wednesday. toward the north, i want to point out we have to be a little concerned. blowing out of the northern portions of china and mongolia. it's spreading across south korea and japan. wet weather for shanghai. taipei looking at wet weather. 24 with a high in tokyo. more wet weather coming by wednesday. you need the umbrella. rain extending into thursday dry air coming up on friday. as you wrap up and look at what is happening in europe we have a low pressure system dropping from the central portions of the continent. be prepared for wet weather rain in london, paris, and berlin. hope you have a good day whenever you are. here is your extended outlook. >>> the daily rat race of office life took to the streets in taiwan. th

concerns have ease since february g-20 meeting in shanghai. remain cautious about brazil's crisis, brexit, and china's slowdown. powered by over 2400 journalists and 150 bureaus around the world, this is bloomberg news. asian stocks have retreated from a four-month high as crude prices tumble following the failed doha talks. how bad is the damage so far? >> good morning. we are seeing a lot of weakness come through in japan, the nikkei 225 down over 3%. oiljust a story of falling price, but that has sent investors into the safe haven yen, exporters coming under pressure, also another earthquake in japan over the bekend, estimates that could $66 billion worth of damage. companiesf export and energy companies coming under pressure as well. down as well. new zealand flat. the australian share market, to's go inside the asx 200 see the damage we are likely to see in terms of these oil and gas players. the sector is down by 2.6%. some stocks we have been following, all lower, none higher. all of these players coming under significant pressure. in t

some of the weakness coming through on the shanghai market.from the pboc about they are going to be working on supporting growth, but they also want to pay attention heading off macro risks. what does that mean? they go 4% lower. 39.99. the $40 per barrel mark. they are really on a tear. it was up in the first hour of our broadcasting here it it has been extending gains and it's a bull market run. -- it's bull market run. let's get the first word news with eve on man. -- we yvonne man. yvonne: executives are to brief -- thata on improper conference is scheduled for 9:00 a.m. u.k. time. the city of london should expect an imminent role in the global financial system to fade if britain leads the european union. britainthe governor -- leaves the european union. so says the governor of the boe, mark carney. leaving the eu would diminish that. japan's forty-year yield has fallen to a record low, meaning all japanese sovereigns all yield less than 0.4%. negative rates have pushed -- boj governor kuroda says he does not think quantitative and qualita

the shanghai composite edged lower to 3,078. investors took profits after prices rose to a three-month high on thursday. the week ended in the positive. other benchmarks in the region shows mixed reaction to the gdp figures. let's look at hong kang hang seng indirection. dropping by .10%. sidney outperformed the region extending gains to a fourth day. in tokyo nikkei average ending lower. for details we go to our business reporter at the tokyo stock exchange. >> the nikkei snapped its three day winning streak. investors took profit taking after the recent rally. the benchmark lost more than .3% finishing at 16,848. the broader topix fell.7%. for the week the nikkei gained .6%. after the earthquake in southwest japan weighed on companies that had plans in the region. shares of renesas electronics were down 2.7%. honda and bridgestone suspended work on their factories in the area. kyushu shares fell .17%. inpex and japanex fell. analysts are not apartmentistic about an agreement. to recap the nikkei was down for the day but positi

nicole: japan's nikkei index gaining 3.2%, the shanghai composite index up half a point%.lauren: oil prices losing 1% but still above $41 a barrel. nicole: bank stocks leading the rally, and wells fargo. we will tell you what to expect. lauren: kobe bryant closes his career in grand fashion scoring 60 points to lead the lakers to victory. we have the highlights. it is april 14th and welcome to "fbn a.m.". the latest breaking news and what to expect. lauren: six days until the new york presidential primary in the new york daily news is throwing it support behind john kasich. the newspaper endorsing the ohio governor saying never trump, never ted cruz adding john kasich is clearly the only choice. the head of new york state's republican party says next tuesday will be a decisive primary for the gop nomination. >> movement of 10 percentage points will decide whether it is an open convention or donald trump can close it up. lauren: getting exciting and close. special coverage of the new york primary tuesday, april 19th starting at 7:00 pm eastern time on foxbusiness network. l

for tens of 1% on the shanghai market in the early session.dding to its despite the fact -- gains despite the yen pushed through 110 to the dollar. some buying coming through in the asx 200. energy and health care stocks driving the games, a 5% rally in crude. hong kong up 3.5%. petro china but in good. -- petro china looking good. health care stocks also looking strong. here are some of the more -- samsung coming through with its numbers today, better than expected, beating estimates in first-quarter earnings after the early release of the galaxy s7, but a pullback in korea. australia coming through with first half profits that missed expectations, though the share prices higher. down 14.5% as it resumed trade for the first time since march 7 and following that u.s. probe. thank you very much indeed. getting back to our top stories. samsung preliminary first-quarter earnings ahead of estimates. the new smartphone proving to be a surprise hit. to wrong,s weren't but better than estimates. risingctations have been ahead of these preliminary res

and china shanghai composite composite up 1.4%. lauren: after shooting up another 4.5%, oil prices are down one and three quarters% today, $41.43 a barrel.

top of the pops, the shanghai composite. oil is taking a breaak. and it was energy companies driving the rally. anna: export numbers out of china key, the aussie doll picking up on the export dollar, up by 2/10 of 1%. intervention is futile, weakening the limits. we have a representative from goldman later in the show. being spent on intervention thus far, as we go to g-20 though, what are the new rules of engagement in fx wars? anna: let us get the bloomberg first word news. joining us from hong kong. >> good morning. the brazilian vice president says he will form a transitional government, as dilma rousseff sharpens acquisitions. with a crucial impeachment vote looming on sunday, he plans to spend early political capital. that is according to an aide involved in drafting the strategy. some of britain's biggest continental trading partners voice their support for david cameron's bid to stay in the union. the prime minister met with germany, france, spain, and the netherlands. connected and driverless cars could be targets for hackers, including te

the shanghai composite down 1.4%.n investors worry about pressures waiting and imminent restrictions from selling certain stocks could communicate 2%. the hang seng up 2%. hong kong to cost in south korea at the 10th of 1%. nicole: and europe right now, a mixed bag. the ftse fractionally gher with the cac is down one thihird of 1% and the german dax down a quarter of 1%. laur: afteter a triple digit move, the dow jones industrial average is down to 87-point, looking at the s&p futures on 12. nicole: let's chececk out oil ad gold, the commodities how they are faring. 3763 a barrel as gold gains 15 bucks. 1239 of troyoy ounce. lauren: the education departmen is student loan borrowers have either stoppeded making payments or are behind on their student loans. there are fears that millions of bondholders will never repay those bills. roughly 22 million americans are not paying. the education department has created a behavioral sciences unit is the deepest apology of borrowers and try to figure out why they are not repayin

because theng kong shanghai market is volatile.hong correlation of that to shanghai is only 30%. hong kong does not correlate with a china, but it correlates strongly, 80%, with the emerging markets, than it has a 55% correlation to the s&p. if emerging markets are doing well this year, which they are by the way, brazil the best, thailand, indonesia. angie: not politically though. >> i think it is getting better. angie: there were a lot of bets that it's getting better with changes at the top. they are working through problems right now. before let you go, oil, does this hinge on the price of oil? >> you are right. there is a strong correlation , buten oil and risk assets i'm not negative. i think it might have overshot a little bit now, but i see it in a range of $35 to $55 in the next three months. opec's revenues, 20% of what they were five years ago. they're making only 1/5 of what they did. saudi arabia is blowing through its forex reserves like there is no tomorrow. even those guys laying tough now because they can get it out

they had just arrived in shanghai in 1940. looking looking at this photograph, you would never imagine that china had been at war for three years, from 1937 on and china was still a refuge at this point. it had not been attacked and occupied. that wouldn't happen until after december 1941. looking at this picture, you would imagine birch and oscar wells are just getting ready to go out for a picnic or to go out to the race course with their white shoes and white suits. the reality was quite different, as they soon learned. like many missionaries they were full of idealism. they were totally unprepared. they really didn't know what to expect. his job was as a fundamentalist, he was an independent baptist missionary to convert the chinese to christianity. here he is, with the congregation in shanghai and to his credit, unlike a lot of foreign missionaries, he did not isolate himself. in fact, he didn't remain in shanghai for more than a few months after he studied chinese, the chinese language but he moved on to hung joe. he was

aidi.s h lower forare opening shanghai in the first few minutes of trading.ve chinese companies listed in hong kong entering a bull market, extending gains from february 12 lows by 20%. still, a tepid start to the quarter regionally. losses from tokyo, nikkei 225 down over 2%. were not seeing much of an upside boost when it comes to the better than expected print out of the china pmi numbers coming through. by 2/10 of 1%.wn the aussie dollar getting a leg up after that data. a quick look at some of the movers we are tracking today. for agbank. upside quite a bit of movement in the listings for the agricultural bank of china. revenuesu, and gaming coming through, extending losses in the hong kong simitian -- session. up one commercial about looking to take it private. i look at the reaction in terms of the fx space. the aussie dollar putting on 5.5% today. leg up comingthat through from the china pmi numbers. we had that non-manufacturing services number come through, we did see that surge, but still trading strong. something for the reserve bank to worry abou

shanghai comp, despite today's move, is just in the green for the week. we've seen the shanghai comp manage to regain a bit of confidence. >> the data has looked bet everever ter. the yen is weakening. that's seen as a beat for global markets. >> upbeat in european trade. let's have a look there. gains across the board. 0.8% the order of the day for the german dax. similar moves for the other indices. we're led higher by commodity stocks as oil prices rise and also by banking stocks, which have suffered heavily thus far this week. a quick look at the euro, similarly to the yen. it's getting a little bit of reprieve. no, it's basically flat now, up fractionally. at least it's not strengthening, which hurts european equities. >> let's show you the commodity trade. some of the enthusiasm is coming from the higher price of oil this morning, and we are seeing a big bounce here with wti crude up almost 3.5% in the early session. still below 40 there. brent, the international bench mark, is sitting above 40 this morning. up another 3%. some nice gains in crude o

this is wonderful chart showing the shanghai composite year today.ngeir 30 day price since january on the 28th. the benchmark shanghai composite has rebounded; this is the white line. back in january, it reached a 14 month low. the 30 dayn, gauge of price swings has also declined to the lowest in the year. that is the yellow line. music price swings aren't translating into better trading conditions for local brokers -- that's the downside of less volatility in china. big news for tesco, reporting annual profit that beat analyst estimates, improving sales helping it mitigate the price for, which of course is damaging the industry. profit will be held back this year because of the cost of improving its product range as dave lewis continues to revive the economy. it was only a year ago that the company had its biggest loss in 97 years. these are tesco shares this year. and you can see the rebound in the share prices this year, pushing a closer to the 12 month average price target. decline, itoday's came below the price target, it is a good chart showing

hong kong, shanghai, and manila joining the party now.w the equity markets look ahead out of crucial figures from china. we could get an improvement in exports there. the nikkei 225, that's what a weaker yen will do. 1.2%, about 20,000. for a lot of these markets across asia, the highest level so far this month. pboc setting the reference rate for the renminbi at the strongest level since april 1. people waking up to a weaker u.s. dollar. it is up against the yen, but does not mean it is up against its peers. kong, they in hong denying any involvement in peer-to-peer lending. several websites saying they are part of this. they are tsonga don't have anything to do with that. fook down 25% same-store sales on the chinese mainland for the first quarter. byd with a hefty contract, just over one billion. good news for the markets. rishaad: absolutely. a veritable delusion of data out of china. onst quarter gdp numbers friday, and questions being asked about the accuracy of the statistics. here is our chief agent economics correspondent -- let'

shanghai getting going, as well. no trading in japan today.hen it comes to equities, here is heidi. japanese we are seeing -- continuing to take a beating. down.is is how japan is continuing to come under upside pressure. this is how we are looking at in terms of the markets that have just joined the trading day. another down day. similar losses when it comes to markets in kuala lumpur. quarter gdp numbers missing the contraction of the 10th 7%, worse than expected. of 1%, worse than expected. kiwi markets up. cindy flattening out. ney flattening out. search in crude prices overnight. inventory continues to evolve. upsaw asian currencies alongside that enormous surge in the yen yesterday. the new taiwan dollar reacting to that number. we are going to check on that, trading at 32 point three at the moment. let's take a look at the yuan. a contraction of 2.2 percent. we were hoping for a contraction of just half a percent. we are seeing some strength after yesterday. let's pull of the australian dollar, looking like this. cpi prices coming out o

the shanghai composite falling by more than 4% this week.obalorst benchmarks, the steepest decline in almost two months. it's not just the stock market's down in the dumps, some ominous charts as well to show us. to get theg weekend started like a scary chart out of china. the markets extending declines on this last trading day of the week. we had a 4.5% decline on wednesday. when you're talking about asia, that is not such a huge moves. the is more about diversions story, china not partaking in the global risk rally party we have been seeing. had commodities and equities climbed higher, and the chinese market in this slumps. it remains the worst performing market in all the markets this world, down 12% in the first quarter. seeing this diversion given that the data out of china has been fairly good, gdp, investor data, better than expected. markets are questioning the veracity of this data. if you do believe the data, at what cost do these growth spurts -- and i want to show you an example. when the chinese economy should be deleveraging, w

our bureau chief in shanghai.ith a look at this headline data, does the inflation data actually spell out a more sustained recovery? >> any improvement in the numbers, for example he producer prices, which month on month have turned to positive in the first time in two years, is a good sign for the economy. at, we should take a look perhaps, the underlying causes for some of this. much of the producer price increase is likely due to weakening dollar, which has had an effect on commodity prices. to talk about a sustained recovery might be a little bit of a stretch right now. signalin terms of the for restructuring, what do you walk away from? everyone is focused on the y .an. -- the yuan very little has changed in terms of the fundamentals. the driver is likely a weakening dollar. we still have a large or heavy oversupply problem, not just in china but across the world in terms of major commodities, particularly hard commodities. none of the real issues have changed very much. manus: thank you very much. let's brin

we are seeing the markets in hong kong and shanghai back on track.is a different picture between what we are seeing in hang seng and here in shanghai. this all closes within the next hour. that will be its fifth close in three months. stocks leave the way in china. a lot of analysts coming through pretty bullish on the asian market. of course, that falling oil price. stocks follow that oil price lowered and we are seeing a lot of energy producers like we are seeing in hong kong and indochina. downsx 200 is closing 1.7%. nikkei two 25 is the worst performing. it is down by 2.4%. exporters affected by that very strong yen we are seeing. the yen holding at that 110 spot. they could get to 110. it is getting close to that level. that is a high against the greenback. we know the story of the u.s. dollar strength, i should say weakness. the strong yen really playing into that weakness we are seeing in japan today. julia, thank you very much. one of the top headlines i wanted to bring you, bbva could closes many as 200 branches. of course this is the quantu

this morning the shanghai composite rising as china trade data beat expectations. significant gains across the board. it is worth pointing out that whilst the export data was better, there was probably a currency impact there. the likes of the yen and euro much stronger. i think oil price gains late yesterday having a big impact on markets in asia today. 3% gains for hong kong. 1.4% for shanghai. a longer term chart of the nikkei showing it's up the most in a week and a half as exporters gained on a weaker yen. the yen of course slightly changing its tune in the last few trading days. early european trade for you there, following suits of asia, germany up around 2%. commodity names, energy names all leading the charge, as you would expect after that strong gain in oil yesterday. >> in fact, global stocks are near the highs of 2016 overnight. we're also watching cloud ahead of that producer meeting on sunday. among the latest headlines, iran reportedly will not send its oil minister to the gathering. only a government representative. and saudi arabia's oil minister

shanghai composite climbed 1.4% closing at 3066. some investors saw the trade figures as a sign the country's economy is back on track. hong kong's hang seng index gaining by 3.1%, 21,158 is the closing number. that's the biggest one day rally in nearly two months. sentiment got a boost after the imf raised its 2016 growth forecast for china. let's look at the other markets. singapore jumping by 1.4% as we see. sidney also up by 1.6%. higher commodity prices drove the index to finish above 5,000 mark for the first time in two weeks. >>> a new service in japan let's tourists take advantage of detaileded travel information using their smartphones. about 20 firms including a restaurant guide and railway operatators teamed up p on the projecect. it uses the gdp tracking and smartphones or tablets so travellelers can get locatition specifific guides around totoky. they can also find information on shops and events nearby. the service currently supports seven languages. >> easy to read. japanese, chinese and english version. >> it will be

also rain into shanghai, mainly drying out by sunday. as we wrap things up with a look at the middle east. we've been talking about a couple areas of strong weather, iraq and amman looking at heavy rainfall. we're looking at the rainfall to continue. the next few days looking a bit stormy as we go through the rest of the week. hope you have a good day wherever you are. here's your extended outlook. >>> more updates and special reports come your way on "newsroom tokyo" at the top of the hour. in the meantimeq?q?q?q?q?q?q?q?? you are tuned to france 24, you are watching live from paris. it is 1:00 p.m. local time. we bring you all then latest news for the next 60 minutes. in the wake of the paris and brussels terror attacks, your votes to tighten up security, introducing a pnr sharing flight data on airline passengers. in nigeria, a sign of

china's shanghai sliding. nicole: donald trump expected to be the big winner, but ted cruz takes all 14 delegates in wyoming over the weekend. lauren: on the democratic side hillary clinton and bernie sanders argue about who plans to raise minimum wage will do to the economy. in sports, playoffs underway with both nba and nhl last night, we will tell you who came out on top including an overtime thriller right here in new york. nicole: 5:01 a.m. monday morning, april 18th, welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. lauren: oil prices tumbling right now of yesterday's meeting collapsed without an agreement to freeze production. phil flynn joining us with the latest. phil, what messages did the producers send to the market, how low can prices go? phil: this is a disaster right now for the cartel, if they can't get their act together we can see $35 a barrel, lauren. this also created a lot of anger within the oil-producing countries specially russia. we h

the shanghai composite had its best close since january. it is up 15% from the lows that month.ver to europe, a monster rally of european banks, the highest level since 2011, a tie-in banks leading the way for a third day, and that rally spread to u.s. stocks, also boosted by banks and j.p. morgan earnings. points, so adding 18 into a-inspired rally bank rally in the u.s.. joe: you might think yields will jump up, but not the case, only a minor gain on the two-year, a takedown on the yield on the 10 year. when not that great, more on that later. inflation pressures still not there. have a big risk on day, there does not seem to be anthing in the data accelerated pace of rate hikes, and as a result the yields are muted. scarlet: we did see the dollar rally the most in six weeks, take up at the end of that chart k up at the end of that chart. the dollarsng at move versus the canadian dollar, so there is that big move around 10:00 a.m. when the bank of canada left interest rates unchanged. the central bank governors saying that he may have been to cut rates if not for the governmen

in china the shanghai composite pushing up slightly. nicole: after oil prices jumped 3.5% let's check where crude oil is starting a brand-new month, 3819, half of 1%. lauren: tornadoes ripping through the south, we have the damage in mississippi and alabama. nicole: a chinese firm was bidding for the giant starwood hotel, we have reaction for you. lauren: the final four begin tomorrow, gw took it home and handed out top college player and top coach awards, all that and more coming out. lauren: on friday, april 1st, april fools' day. welcome to "fbn a.m.," your first look at the latest breaking news. a new foxbusiness poll shows ted cruz leading the gop race in wisconsin, the winner take all state offers 42 republican delegates. the fbn poll shows bernie sanders ahead of hillary clinton in the state's democratic primary. blake berman has the details in wisconsin. >> reporter: ted cruz's momentum appears to be continuing according to our foxbusiness network poll. ted cruz has the backing of 42% of republicans in the badger state, 10 point

having said that, i think the shanghai composite, the upside is 3200, 3300.e is probably 2600. indian market, all the data looks great. indian economic growth is probably going to come out close to 7.3%. there is a problem. the market is one of the more expensive emerging markets in the world. you've got a russian price-earnings ratio of around five. you've got an indian ratio of around 16. anna: bob, thank you. manus, thank you. manus will be back with "on the move." the ecb unleashes its expanded buying program today. that has expelled corporate issuance to a new record. jeanna smialek joins us now from frankfurt. let's talk a little about the expansion of this ecb bond purchase program. we don't see them buying corporate bonds yet. they are spending more on the other type of bonds they are buying. exactly. this month, we see extension to 80 billion from 60 million, which is where it has been up to this point. it is a pretty substantial move up. just how big is the 80 million relative to the program? it is a 20 million increase compared to what they were do

coming up on tuesday from shanghai to chonquing and hong conning and taipei, wet weather and ulan bator wet weather. the rain should come back into the picture as we go to the middle of this week. as we look at the forecast for north america, we're talking about some very strongg thununderstorms that are rollin through the southern plainsns. look at these clouds. they just pop up on the screen. whenevever you have clclouds do that, it means we have unstable air in place. because of the unable weather pattern, hail reports, 42 of them, on sunday between north texas into missouri. the low pressure system will move to the north and east, but that's going to bring a lot more heavier rainfall, flash flooding possible into the deep south and severe thunderstorms expected and possible for places like arkansas and louisiana, be prepared and be on the lookout for this on monday. to the north, another low pressure system is rolling through and bringing in cold air. so along with moisture we're looking at the possibility of heavy snowfall. so, just be on the lookout for a very wild weather day for

shanghai, the shanghai composite gained by 1.5%, 3053 for the closing number climbed to a three month high. many investors are cheered by the government's supporting measures. hong kong, hang seng dropped by 1.6%. 20,177 is the closing number. the hang seng posted its biggest one day lost in six weeks on falling crude oil prices. kospi index dropped and finished at its lowest in a month. indonesia was up. sidney slipping, again lower oil prices dragging down the resource heavy index. >>> employees at big firms are about to get a base pay raise for the third year in a row, but across a much wider cross-section of the work force, the picture is less rosy. on average, staff got smaller winter bonuses than the previous year. labor ministry officials surveyed 33,000 businesses with five or more employees. they found on average bonuses fell 0.3% to a little over $3300. they say one reason for the dip is part-time workers now make up more of the workforce. people in the finance and insurance industries saw their bonuses fall nearly 6%. workers in the transport industry lost more than 7%. tho

the opening in hong kong, and a look at shanghai as well.ingly, australian and kiwi markets elsewhere a number of things in play. boj, rbnz, all, with a decision this week. ins is how we are looking terms of the china-hong kong open, down 3/10 of 1%. byna stocks fell last week almost 4%, so the biggest weekly decline in three months. the pboc weakening that daily yuan fix, the weakest since the end of march. quite a bit of downside in terms of chinese markets. the nikkei 225 extending losses. the most in 17 months on friday, but starting to go up a little bit, given we are looking ahead to the boj meeting this week. averse giving those meetings. a quick look at some of the movers, japan, a mixed picture. friday on surged on word that the boj is considering negative rates on some loans to banks. we are seeing some profit taking when it comes to them. sony is down after saying it releasingin from guidance to assess the impact of the earthquake. elsewhere in the tokyo session, upside when it comes to the mazda, seeingnda, missing itse profit fo

nicole: we give you specific numbers, the shanghai composite index down 1/2%, oil pulling back and hang saying in hong kong up 1.5%. italy to historic flooding in houston may get worse before it is better, more rain is expected, latest news in the forecast for you. nicole: microsoft, google's parent outfit with quarterly profits, we will tell you what to expect. lauren: lebron james leads the cleveland cavaliers to a numtwo-0 playoff seed in the detroit pistons and the miami heat up two games and none over the charlotte hornets. we have the playoff highlights. nicole: it is 5:01 new york time, your first look at what is moving in the markets, latest breaking news and what to expect for the day ahead. breaking news this morning, both sides reach an agreement with the us government to pay $1 billion to compensate owners of diesel cars. not clear how much money each owner will get. the agreement is expected to be revealed later this morning in a court hearing in san francisco. both expected to buy back 500,000 vehicles that use software to evade us emissions rules, including the jetta seda

nicole: china's economy grew at its lowest pace since 2009, the shanghai composite index edged down 0.1%, the nikkei slipped 0.3%. lauren: watching oil prices ahead of the opec oil meeting this weekend. will they agreed to freeze production? oil up 8% and right now just under $41 a barrel. nicole: front and center, earnings from citigroup. will it below expectations? lauren: microsoft suing the justice department over a gag order when the customer emails were explained. nicole: hockey fans get their moment in the sun. the first matchup in the nhl playoffs. it is april 15th, tax day but the good news is you have an extra three days to file this year. welcome to "fbn a.m.," the latest breaking news, what to expect for the day ahead. nicole: the race to the white house is tightening between hillary clinton and bernie sanders, clinton leads by just two points urging sanders by 46% down from the 13 point advantage she had last month before sanders won three of the eight most recent concerts. clinton's support from women falling 11 points, sanders is up by 9 points. the two candidates turning

japan,ng, shanghai, getting reaction from inflation.stimates, but shanghai was up in defiance of what is happening for the broader region. 1.5% up. hang seng 0.3 percent down, the strength of the yen playing on this one. the kospi is also down. this is the only other market up. 0.1%. getting back to japan, looking at this. the japanese yen, they agree on one thing, the threshold intervention is near. ♪ ♪ rishaad: a look at our top stories. , inese mainland stocks up signs of a pickup in industrial demands. buoyant prices remained thanks to surging food prices. cpi 2.3% from march. in japan,t story shares extending two weeks of losses. the yen breaking through 108 to the dollar, the strongest since the second round of want to take it easing began in 2014. machinery orders dropping in off by 17%.pix the only market which has done worse is italy. oil retreating slightly after breaking through $40 a barrel in new york, concerns about a global glut easing. to discusscers meet a production freeze, crude jumping 6.6% on friday. well, japan clo

and here he is right about there with welch to his right with the congregation in shanghai and birch to his credit unlike a lot of foreign missionaries did not isolate himself. he didn't remain in shanghai for more than a few months after he studied chinese buddy moved onto hahn joe and consequently beyond on show. birch was independent he was stubborn. he was very dedicated to what he was doing. he was really quite courageous. so as i mentioned he started off in shanghai move down to poncho for about a year where he taught at a boys school and then -- it's occupied by the japanese at this time and he decided to strike out on his own with two or three chinese colleagues and to go beyond the japanese lines on the corner of genji province. quite remote in quite isolated from the rest of china. initially he did all right but subsequently he wasn't getting enough to eat. he was suffering from malaria. he was not getting any money from his mission at home and after pearl harbor the japanese attack on pearl harbor in december of 41 he wrote a letter to the american military mission and he

shanghai and hong kong managed out.nghai in the last couple weeks managing to outperform yesterday's. a big change in sentiment. one of the reasons we've had intraday improvements. oil prices yes, down half a percent but down more like one percent earlier on. last week we had strong gains. wti was up 6.6% for the week. 39.5 for wti. >>> among the stories to watch today, president obama will meet with fed chair janet yellen at the white house. they'll discuss the longer economic outlook and wall street reform. vice president biden will also attend the meeting. >>> the imf says it supports the move of negative rates by central banks. this comes ahead of the meet information washington. move would help extra stimulus and ease conditions. >>> blackrock ceo larry fink says in his annual letter to shareholders not enough attention is given to the effective negative rates on saving levels. the head of the world's largest group said the central bank's actions are quote severely punishing savers pushing investors into less lick

and the shanghai composite posting a fractional gain up about a quarter of a percent there as well. we are seeing movement in european markets as well. mostly to the downside however. the ftsi mib in italy off and the blah blah. >> it is friday but there is still a lot on today's agenda. we'll get the results of the purchasing manufacturers index for april. at 1:00 p.m. eastern we'll get weekly rig count numbers. and on the corporate front caterpillar, mcdonald's, general electric, just some of the names before the opening bell. >> it is early on. but still the idea that we could be seeing at least an earnings story play out where we continue to see that earnings recession play out. a sales recession for s&p 500 companies. so a big move. and a number of big stock movers. microsoft. shares under pressure after falling short of estimates for the first time in nearly two years. the cloud business couldn't make up for a slowing pc market. still satya nadella sounding upbeat. >> the cloud is being built to optimize and grow. with our results this quarter it remains clear we are one of th

you have the shanghai composite in china up 2%, the nikkei in japan up 1.2%, the hang seng by 7% andause we in south korea-1%. nicole: stocks to the downside to the tune of 1% for the german dax and london footsie. the cac quarante in france down 1/2% lauren: let's see how futures are shaping up, down a little bit, looking at the tao it is 17 points, the s&p down a point, the nasdaq down 10 but apple shares in the nasdaq, the s&p a big player, widely held stock back in bear market territory. nicole: oil gain $.14, golds down $2. lauren: on wall street week, bob alstyne, he said when he makes investment decisions especially during election season the rhetoric you see on the campaign trail doesn't influence him. >> just don't listen to the campaign rhetoric of people who want to get elected. we look at what is going through, what will become law, does it affect the free cash flow of companies and industries we own or are looking at but

shanghai, hong kong, coming on stream, as is manila, flat.ter side of things at the moment. it will be a very busy day. the only clear lead we did get from the session in the u.s. were oil prices on the way down. that is ahead of the pending talks in ohio. -- doha. it has provided a floor for energy prices, but has traders thinking how much should we bake into those stocks. the growth number out of the world's second or first, fairly large economy, coming out. rishaad: thanks. big day for china. a flood of economic data due in 30 minutes, likely to see this lows pays of quarterly growth in seven years. even know, we may see signs that the slowdown is stabilizing. we have a look at that what we looking for here? >> maybe a slightly better number. growth has been better than expected, seeming to stabilize over the last couple of months, positive on real estate. better numbers on inflation, , economistsl told are looking for a 6.7% read. i think the mood at the moment is things are stabilizing, even if just in the short-term. rishaad: stabilizat

the shanghai open at the bottom of the hour. here's a look at the boards.sion.le choppy taiwan playing catch-up, down 8/10 of 1%. singapore and malaysia are also seeing losses. there had been a pickup in the kospi. japan had a positive start, but now being sold off once again. adding to that 2.5% loss yesterday. pretty flat in australia. the new zealand market down by 2/10 of 1%. we will be watching china at the bottom of the hour. it outperform the region yesterday. we saw that big rebound in the crude price, lifting the energy players and sydney. oil surge up by almost 4%. takata dropping in tokyo, down almost 7%. int stock has lost 10% april. let's have a look at the strong yen. it did breached that 110 during new york trade. at the above that moment, a slight gain their against the u.s. dollar, more pressure on japanese equities. the aussie dollar will be in focus today. the are being put rates on hold yesterday. -- and the rba put rates on hold yesterday. rishaad: absolutely, the effect depreciation showing up in china's publicly traded company annual

up 50%, that's double the shanghai composite average.looking at stocks with good valuations. pe is four times higher than that of the shanghai composite, so the not going into those riskier stocks. rishaad: thank you very much indeed. let's take a look at some other stories. bank of japan governor talking up policies to boost growth in new york a short while ago. governor kuroda says his country was short of its conflation target with its quantitative easing program, coming after one abe'sime minister advisers called for stronger action. >> let's take a look at this chart. we are looking at the topix against the yen. since abenomics was put in the place, what we see is the topix rising 80%. if you look closely at this year, where the yen has been strengthening, we see the impact on the topix right away. as the yen strengthened, gaining more than 10%, suggesting monetary policy isn't quite working as it should. it is supposed to fall after negative rates were introduced at the end of january. 2013, 2000 14, when it was boj stimulus, the y