i am shery ahn. up, making a move. we will find out why some economists say the strength of the yen will force the boj to intervene. details coming up after the short break. ♪ angie: welcome back to "first up". i am angie lau. what we are watching for you. south korea votes in parliamentary elections. tos election is interesting take you about because surveys heading toe party is the largest margin of victory that korea has seen in three decades. straightfocus on on year, reporting march unemployment figures on thursday. this has become the region's most unpredictable data set. 300 jobsry, only added. jobs,ists expect 18,500 that's thursday. china releases first-quarter growth figures, and the economy is still expected to slow. analysts surveyed expect gdp to rise 6.7% on the year, the weakest quarter of growth since the global recession. revenue growth at infosys gaining traction through acquisitions. newer digital services improving, but the company faces challenging and reviving i.t. services. it

i am shery ahn. rishaad: still ahead, up for discussion. in the south tennessee taking center stage? ♪ ♪ you are back for "trending business." and the south china sea is on the agenda as the foreign ministers wrap up a two day meeting in hiroshima. this is ahead of the g-7 summit in japan at the end of next month. steve is here looking at the thing. beijing cannot be happy that the whole business of the south china sea is being effectively discussed behind their back. china is not in the g-7, and japan controlled this meeting as it is in japan. the u.s.-japan alliance is going to push this issue. pleased.china is not the prime minister mentioned, please, g-7, do not hide this issue. it will overshadow other issues like non-liberation issues. japan also sending a message by hosting this foreign ministers eating in hiroshima, 71 years ago, the bomb was dropped in hiroshima, essentially ending world war ii. we have live footage of the wreathsministers laying at the hero shema site or they will be pretty soon. -- zero shema site. kerry is the h

angie: ok, thank you for watching that for us, shery ahn.osing an auction after a seven-year gap, and they think it will determine if it is scheduled to start on july 25. of stock market is the last the developed nations without a closing auction. and the company is saying it will delay the release of the forecast, and the company says the suspension of its facility due to a recent earthquake may have an adverse impact. they said they will release the forecast from may, in stead. and we will find out this week if they will likely get to the next stage. spending the weekend narrowing fromthe field raising it four billion dollars to $8 billion, and there is a consortium led by bain capital. another winner. it is supposed to be a month away. and we go over to bloomberg.com, and you will find reports about data, it more on bloomberg today. sees amorgan stanley risk of a recession, and we will ask where the biggest risks are, but after the show break, we will be live at the beijing auto show, where we will hear from bmw about its prospects ahead.

i am shery ahn. so, it is the auto industry reeling from another scandal.ag crisis, then emissions cheating, and recalls by several manufacturers. that itubishi admitting manipulated feel economy tests. thank you for joining us. you know, how bad is this? can we compare it really with vw? >> good morning. the first thing when i heard this yesterday was another day, another carmaker confessing. so this is really bad. first of all, it is a mitsubishi crisis. ands mitsubishi's fault harks back to the date when mitsubishi had the scandal in 2004, and apparently the around that time they started cheating on the fuel consumption. so first of all this is a mitsubishi scandal in japan, but -- createve wider more waves around the world because it leads to the perception in the end that many are cheating. so it makes you wonder what will happen next. well, it is clearly not as bad as vw. that is for certain. whichever way you are dressed this, it not? >> yes, it is fraud. you are right, of course, it will not be as big as volkswagen's scandal, but it is fraud. i don'

make report, but this shows the some of the resiliency that sherry yeley in, the ambiguity that shery ahneal with last week in her speech. >> it is a good report, wieters did -- wages did better than expected and economists were saying 200,000 plus, so good numbers domestically. ist strikes me about the fed the fed is clearly counting the ecb and the doj, whether intentional or not, met by minute, the dollar is weak or but 5% against both the euro and the yen over the past month or they are data dependent, that focus on jobs and unemployment rates and wage .rowth markets fore the being confused, but clearly markets are a confused as to whether to be bullish about this report or look globally for other reports. >> we've got more economic data ahead. this week, we crunched the case , plusr housing numbers japan's latest budget and how brexit fears are shaping banking policy. ♪ >> welcome back to bloomberg best. signs the u.s. real estate market is getting even hotter, on prices rose nearly 6% in january according to the s&p index released on tuesday. we had a perfect expert on hand to analy

i am shery ahn.mic recovery is gaining pace according to the earliest batch of private indicators for april. we have stephen engle watching all of the details. we are talking not a deep shade of recovery. stephen: more like a backwards j. we don't have official numbers for april, but we have private gauges, one from china, three from overseas, one from satellite imagery which is very interesting. i want to bring up these four , a slightt show improvement. we count of new this -- kind of knew this, but now we see the main index rising to a year high. it is still below 50 and showing competence is quite weak. also belowctoring is 50. .5 -- to 50.5. and the china satellite manufacturing index, this is a base company called, where is it? sky, i can't find it. space no. they track more than 1000 different factories in china and see the economic activity coming in and out of the factories. angie: they are looking for trucks going out, raw materials? stephen: this rose slightly to 42, still below 50, from 4