tokyo talking with prime minister ofjapan shinzo abe.; smsé gee you heard, he is striking a as you heard, he is striking a warning about the relationship with north korea ahead of the winter olympics that get underway on friday in south korea. he continues his tour of the area ahead of the beginning of the winter olympics at the end of the week. we will stay right across that and if there is anything else of interest we will bring it to you. let's take a look at some of the other stories making the news. a roller—coaster day yesterday but more calm today. injapan in the kay was up 3% after falling almost 7% in the session but it ended pretty flat. let's head to our asia business hub for the latest, where karishma vaswani has been tracking the markets for us. an easier day today but still, i would imagine that traders are remaining on edge for the time being? absolutely. the anxiety that we saw in asian markets yesterday has abated somewhat today but it was a mixed session. volatility has come into both the us markets and in asia. that's

prime minister shinzo abe has nominated kuroda for a second term as governor. makes that clear. james has the latest from tokyo. has beenmr. kuroda nominated, what is the next step? is, theext step nominations go to the house to be approved. there is a massive majority in both houses. there is no question they will be approved. kuroda will continue on and the two new deputy governors will begin in the middle of march on their new jobs. >> speaking of those new deputy governors, what do they bring to the table? i just spoke to a former boj board member and he said it is business as usual. the composition of the board is the same as it was before this change. he has been inside the boj and he is replacing another, the current deputy governor. friends, they are on the same page, on what they think of monetary policy. the more things change, the more they stay the same, for the boj. especially with kuroda staying in the job. >> looking at the yen, it is at its strongest level near the dollar. it is now 106.12. what do you make of this? kuroda has been the favorite to continue on the

and to have shinzo abe, from japan, a former colonial occupier of japan, it be with the united stateswho is basically throwing shade of this incredible inter-korean peace weirds and to say that going to discontinue this policy of maximum pressure to force north korea to denuclearize -- that clearly isn't working. what we do see is it having extraordinarily negative consequences for civilians in north korea. it feels like there is this encredible -- the winds of peac blowing across the dmz and then this dark cloud hovering over washington, d.c., that is really tried to derail this hopeful inter-korean peace process. amy: you have north and south korea for reading -- forming a joint-team? >> is extreme year. amy: what about the influential sister of kim jong-un having lunch with moon jae-in? >> is the first time a member of the kim family has set foot on south korean soil. she is not just like a figurehead. my understanding is she is in charge of the light industries in north korea, so she wields tremendous influence over the country's economy. i hope they are able to talk about future

vice president mike pence urged moon and the japanese prime minister shinzo ave to keep up the pressure on north korea to abandon its nuclear program heading home pence insisted there is no daylight between the three allies. the german president saw the face to face contact between the two koreas as a good omen. but how is that men do and what do the olympic games mean it's a sports competition but it's also about olympic peace and there's been a glimmer of that here so we hope that the dialogue that will begin will continue after they limp them into the business be that by to today the big question can the olympic flame help to fuel a long term thaw in relations at the stories making news around the world. india's prime minister narendra modi said sally supports the palestinians goal of an independent state peaceful negotiation modi's meeting with the palestinian leader mahmoud abbas is the first ever visit by an indian major to the palestinian administration a town of ramallah in the west bank modi also pledged forty million dollars in aid for infrastructure projects. the british base

he is also seen as a key player in prime minister shinzo abe introducing his abenomics policies.peculations in recent months, whether they have fallen out and whether they have fallen out and whether mr kuroda will not be nominated, so at least we have the confirmation now that he will be, because the ruling party dominated parliament he will likely get another five years. let me ask the nerd why the yen is doing so well?|j don't nerd why the yen is doing so well?” don't know if it's a strong yen story or a weak dollar story, but as you say it is now flirting with or it is actually in the 105 yen territory, the first time, the strongest level, in about 15 months. the finance minister injapan says that he might have to intervene. of course he said earlier in the week that there is no need for intervention, which got a bit of criticism, so he is now correcting his statement. so definitely worth monitoring the yen. it is interesting that despite the strong yen, which of course makes japan's exporters more expensive overseas, the nikkei is doing quite well today. thanks very much. no

vice president mike pence urged moon and the japanese prime minister shinzo abbay to keep up the pressure on north korea to abandon its nuclear program heading home pence insisted there is no daylight between the three allies. the german president saw the face to face contact between the two koreas as a good omen. but how. do the olympic games mean it's a sports competition but it's also about olympic peace and there's been a glimmer of that here so we hope that the dialogue that will begin will continue after they've been picked. business be that by to today the big question can the olympic flame help to fuel a long term thaw in relations well as we mentioned in that report the joint korean ice hockey team played for the first time today but there was to be no dave you victory so it's your land where a class of bob racing into the leaves thanks to three goals in the first period of korea were able to recover and ultimately fell to eight feet but even with the heavy opening loss there were plenty of positives to take for the locals with a passionate crowd cheering on the unified korean te

vice president mike pence urged moon and the japanese prime minister shinzo to keep up the pressure on north korea to abandon its nuclear program heading home pence insisted there is no daylight between the three allies. the german president saw the face to face contact between the two koreas as a good omen. but how is that men do and what do the olympic games mean it's a sports competition but it's also about olympic peace and there's been a glimmer of that here so we hope that the dialogue will begin will continue after they limp in business be that by to take the big question can the olympic flame help to fuel a long term thaw in relations. and for more on all the winter olympics action nick mechanic line from did obvious sports is joining me now in the studio so nick we saw this breakthrough in this united korean ice hockey team was there also a historic victory to celebrate there unfortunately a lot they lost eight mil to switzerland but that to be honest was to be expected south korea before this tournament before they became a united team were right seventeenth in the world wher

box as president as president moon prime minister shinzo ave. as well as vice president mike pence all watched the opening ceremonies it's certainly a big deal and the lead of this lead the delegation from the u.s. which was headed by vice president mike pence well think diplomatic hope what now if well the media here is more or less saying vice president pence snow the north korean delegation even before the opening ceremony there was a dinner reception hosted by president moon and reports say that vice president penn's pretty much showed up and said hi to some people and avoided the north korean delegation before leaving so certainly in a leading up to the olympics north korea had said it had no interest in talking with the americans vice president and also was not entirely clear if that was on his agenda so maybe we can't be too surprised that there was i see the first meeting between the two sides and jason one of the people away you are how south koreans reacting to north korea's participation in the games. you know there had been some apat

president mike pence has announced new sanctions against north korea meeting with japanese prime minister shinzo abbate in tokyo and said they will be quote the toughest and most aggressive measures yet in response to the north's failure to abandon its nuclear weapons program. and the mall deaves the supreme court has reversed a ruling ordering the release of several imprisoned opposition leaders president abdoulaye amine says they're involved in a plot to overthrow the government is defending the jailing of the judges and his political opponents them all these were plunged into a political crisis after the supreme court ordered the release of the politicians. a new earthquake has hit the country's east coast after a string of tremors in recent days on this one measured five point seven on the richter scale scale and came as rescuers were working to find survivors from a quake on tuesday well that one killed at least seven people and injured hundreds more rain down buildings and trapping people inside. this building is still standing. but the lower floors are crushed beneath its weight. firefigh

. >>> prime minister shinzo abe -- the vice president vowed to stand with japan in the face of north korea's provocations. ivan watson live in pyeongchang where members of the north delegations are arriving for the olympics, and interesting news on who will be coming to pyeongchang. good morning. >> reporter: good morning. that's right. the news is that not only will the ceremonial head of state be coming from north korea, kim jong-nam, leading the delegation, but we understand that the sister of the north korean leader kim jong-un, that she, too, will be attending part of the olympics. that's a very high-level official. the blue house, that's the office and residence of the south korean president, has welcomed this as a sign of essentially goodwill coming from the north korean side. meanwhile, mike pence, vice president, has continued to hammer home that he wants to challenge what he describes as north korean propaganda going into the olympics. describing north korea in a speech alongside the japanese prime minister as a cruel dictatorship, as a prison state, as "the most tyrannical

president mike pence has announced new sanctions against north korea meeting with japanese iran minister shinzo abi in tokyo penn said they'll be quote the toughest and most aggressive measures yet in response to the north failure to abandon its nuclear weapons program. and terrifying footage of a deadly multi-car accident on a highway in the u.s. state of iowa snowy conditions appear to have obscured the road with some vehicles driving full speed into the pileup one woman was killed and several people injured local police say it was the worst crash they had ever seen. now an announcement is expected today on whether south africa's president jacob zuma will resign from office this after a zuma had been forced to cancel his state of the nation address due to fears that lawmakers would disrupt the speech it's an embarrassing climbdown for the leader and a sign of the intense pressure on him to step down in the wake of a string of scandals. jacob zuma his future heinz in the balance as pressure to resign mounts the opposition says the man has no right to address the country in an annual address th

moments ago alongside prime minister shinzo abe, the vice president vowed to stand with japan in theace of north korea's provocations. cnn's ivan watson live in pyeongchang where members of the north korean delegation are arriving for the olympics and some interesting news on those who will still arrive. good morning, ivan. >> reporter: that's right. i'll get to that. dave, first of all, you have vice president mike pence has made it clear that he is going to try to hammer home the message that the international community must continue to isolate north korea, and that message was bolstered by the japanese prime minister who went so far as to say there can be no meaningful dialogue with north korea until it begins to disarm its nuclear weapons. take a listen to an excerpt of what the american vice president had to say. >> this week as the world knows, north korea is sending a delegation to participate in the winter olympics. they'll march under the same banner as south korea. we should not forget that north korea and south korea have marched under the same banner before only to see no

kuroda has been appointed by shinzo abe to lead the bank of japan for another five years.e halfway through his term effectively. joining us from tokyo, bloomberg's brett miller. we have kuroda nominated. business as normal now? desiringflation policies that have been put in place by corrode at the last five years, do we get more of the same? next months,er the we get more of the same. that means a greater divergence with the ecb and the fed. that will be interesting in terms of international global banking with japan moving in the opposite direction to global counterparts. we will be looking at the meeting with kuroda and his two deputies in april. that will be the first chance we get to see if the new leadership team makes any changes. as usualect business the next few months. but during his five-year term so far, he came in with really amazingly huge asset purchases, but switched. he moved to a negative interest rate, then tried yield curve control. we could see further changes from mr. kuroda down the line. theoretically, this divergence should be negative for the yen,

most economists surveyed by bloomberg seymour stimulus in the bank of japan after prime minister shinzobe nominated the governor for the second term. structure reform is very important. also fiscal is very important. continueank can do is until theand wait inflation rate

we'll start with the japan times which leads with the news that the japanese prime minister shinzo abeup a plan, by summer, to allow more skilled foreign workers entry to japan. the philippines daily inquirer focusses on a report by the us intelligence committee branding president duterte a threat to democracy and human rights. the paper quotes the philippine presidential palace's denial saying, "mr duterte has no autocratic tendencies." and the china daily features this photograph of a mass of travellers leaving beijing railway station on wednesday. they're returning from family visits and vacations on the last day of the spring festival holiday. it says around 11 million passenger trips were made on china's rail network on wednesday. what stories are sparking discussions online? and if you've been following the winter olympics, you'll know how the sport of curling has captured the imagination. so much so in fact that some people have been having their own go at the sport — and posting the results online. floor mops, robot vacuum cleaners — anything lying around can be pressed into se

prime minister shinzo abe has roda for a second term as bank of japan governor. the government wants to maintain the banks unprecedented monetary stimulus. this morning they said he is in no position to discuss the program. but he did reiterate japan's economy is recovering. kuroda's reappointment provides stability for japan. and with one thought likely to step down from the pboc, he presented unprecedented stimulus at the meeting in 2013, all of that with accelerated asset purchases 18 months later. by negativelowed rates in january 2016 and reduction in the yield curve control. the rba governor said he expects the next rate decision to be an increase. philip lowe said australia's labor market is noticeably stronger. and he sees household incomes rising for some time to come. let's monetary stimulus would be appropriate at some point. let's get a quick check on the markets. near session highs, -- 1.5%.s up one the nikkei just over 1.5%. utilities leading the way. up nearly 3% in terms of sectors, followed closely by information, technology, consumer discretiona

pence is due to meet japan's the us vice president mike pence is due to meetjapan's prime minister shinzoews. women gather to celebrate the events of 100 years ago when the women were first given the right to vote. this is the moment that millions in iran had been waiting for. after his long years in exile, the first hesitant steps of ayatollah khomeini on iranian soil. south africa's white government has offered its black opponents concessions unparalleled in the history of apartheid. the ban on the african national congress is lifted immediately, and the anc leader, nelson mandela, after 27 years injail, is to be set free unconditionally. the aircraft was returning from belgrade, where manchester united had entered the semi—final of the european cup. two americans have become the first humans to walk in space without any lifeline to their spaceship. one of them called it "a piece of cake". thousands of people have given the yachstwoman ellen macarthur a spectacular homecoming in the cornish port of falmouth, after she smashed the world record for sailing solo around the world non—stop.

in the next few hours we'll hear from the us vice president mike pence and japan's prime minister shinzobers of the european parliament are set to begin debating what will happen to the 70—odd seats held by the uk after brexit. and at 10:00am gmt angela merkel will convene a meeting of her cdu party's top brass to discuss the outcome of tuesday's make or break talks at forming a workable coalition with the spd. now it's time to get all the latest from the bbc sports centre. hi there, i'm gavin ramjaun, and this is your sport briefing for wednesday. coming up, we'll hearfrom tottenham manager mauricio pochettino, as his side head into a crucial stage of the season. plus, the first ever interstellar badminton tournament. hello there. the breathless football season continues in england on wednesday, with premier league high flyers tottenham hotspur, taking on league two's newport county in a fourth round fa cup replay. spurs remember were involved in that remarkable and controversial match at liverpool on sunday. harry kane scored a late, late penalty to notch his one hundredth premier leag

announced new sanctions against north you know he could be meeting with job anees prime minister shinzo abbay in tokyo has said filby quote the toughest and most aggressive measures yet in response to the north's failure to abandon its nuclear weapons program. like the vice president of the european parliament china ski has been ousted from his position and he's voted by a large majority in favor of removing sure netsky after he sparked outrage by comparing a fellow polish m.e.p. to a nazi collaborator. now it was a chance for a david versus goliath ending as munich visit third division potter born the last time the teams met it was in the bundesliga in two thousand and fifteen while back then by in one six nail and they were eager to let history repeat itself. there were no surprises in the david versus goliath clash vaunted have the ball in the net first but sebastian show was ruled offside after twenty minutes by an assert their authority confusion in the box and kings the command took advantage one nil brian. come on turn provide a five minutes later robert leaven dusty with the fin

performing the strongest in 28 yea rs, nearly economy performing the strongest in 28 years, nearly shinzofinancial markets, and mortgage rates here, it has an impact, would you believe? right significant. likely to be disappointment in china over the blocking of the chicago stock exchange, what do you think is going on? it's the continuation of the theme, purchases blocked, some things in telecom, continuation of a theme along the lines of president trump protectionist policy, anti china when it comes to trade deals. continuation of a theme. we will continue to watch. thank you. still to come. we catch up on the week's business highlights — including stellar growth for the eurozone. you're with business live from bbc news. mid—earners have being locked out of buying a home, according to a report out today from the institute for fiscal studies. with those aged 25 to 34—years—old hit the hardest. joining us now isjonathan cribb, a senior research economist at the ifs and author of the report. in some ways no surprises here, really? i don't think it's a great surprise what we found but i thi

we‘ll start with the japan times, which leads with the news that the japanese prime minister, shinzo to allow more skilled foreign workers entry to japan. the philippines daily inquirer focuses on a report by the us intelligence committee branding president duterte a threat to democracy and human rights. the paper quotes the philippine presidential palace‘s denial saying this. "mr duterte has no autocratic tendencies." and the china daily features this photograph of a mass of travellers leaving beijing railway station on wednesday. they‘re returning from family visits and vacations on the last day of the spring festival holiday. it says around 11 million passenger trips were made on china‘s rail network on wednesday. let‘s stay in china now, where celebrations for the lunar new year are still taking place. it‘s an opportunity for families to spend time together and enjoy themselves. but in the province of hebei, not farfrom beijing, that enjoyment was for hardier souls only, as the bbc‘s tim allman reports. snaking through the mountains of northern china, for some people, this is the

beenofficial, kuroda has nominated by shinzo abe to lead the bank of japan for another five years.his will provide a stability for the world's biggest economy and means aggressive monetary stimulus will continue for now. what does more of the same mean for the boj, for the yen? joinging us now, henry, give us the details here. henry: well, what it means in the nearterm is we can expect the boj to stay the course. it's been on cruise control for more than a year now. governor kuroda has said repeatedly, every opportunity, that they will charge forward with what they have been doing. it was not that long ago, a few weeks ago, that people were speculating about the first step towards policy normalization. the yen now has gained more than 6% since the start of the year. the conversation has actually turned to, is the boj going to be forced to do something about it? it is a quick reversal there, but for now, we can expect them to keep going with what they have been doing. mark: is today's news evidence that the government, henry, is becoming uncomfortable with the yen's strength, the hi

the rise will be welcome news to prime minister shinzo abe, whose economic policies have been criticisedafrica have f raided the home of a family business that has close ties to president jacob zuma. it comes as the nation awaits to see whether the president will step down as ordered by his party, the anc. chinese search engine baidu has seen a rapid turnaround in its fortunes, with revenues up 29% at the end of 2017. it's partly due to the success of its netflix—like video streaming service, which baidu is now planning to list in the us. monica miller is in singapore to tell us what's going on. it's an interesting turn around, these results much better, and it plays into that trend of streaming content online. they have a lot of competition. earlier this week we made a similar announcement that alibaba has just made a similar announcement that aliba ba has just made made a similar announcement that alibaba has just made a made a similar announcement that alibaba hasjust made a deal with wa lt alibaba hasjust made a deal with walt disney, a huge one, so they will stream their movies and

hundred seventy russian athletes have been cleared to compete meanwhile the japanese prime minister shinzo abi hayes arrived in south korea ahead of the opening ceremony before leaving for pyong chang mr our base said cooperation between between japan the u.s. and south korea over north korea's nuclear threat remains strong the north korean delegation including kim jong un jenga sister kim jong is due to arrive in pure china within the hour let's go live now to our correspondent natasha good aim who is in gagnon we'll get to where you are in just a minute the first this news devastating news i would imagine for so many of these russian athletes who've been barred completely from taking part. devastating indeed martini's athletes were waiting for a down to the wire green light to compete here in the peeling chiang winter olympics they've just found out that's not going to happen the court of arbitration for sport or c a s has dismissed forty seven appeals from athletes as well as coaches who were hoping they would be able to compete during these winter games this is tied to the massive russ

. >> shinzo abe nominated governor kuroda to beat the boj for another five-year term.lso appointed to deputy covenanters. >> we should seek monetary stimulus continue aggressively for at least the next few months. inhave another meeting march. nobody expects any change. ofre will be a great deal interest in april with the first meeting with the new leadership in place with the two deputies alongside governor kuroda. perhaps moving into this new term will give him a chance to rethink, recalibrate, and we will be watching with a lot of interest, especially the april meeting. the cleveland fed president is said to be among the contenders for vice chair. .ou have a fresh fed chair would it be best to surround him with established figures to be able to guide him through the first year? >> i think loretto is an excellent person and would be a choice. is an excellent person and would be a good choice. federalbeen in the reserve system for some time and knows the system well, so i think that is it a good power d uo. tories began their roadmap to brexit in a series of public sp

will minister shinzo abe appoint governor kuroda for another five years.hat would indicate the prime minister wants to continue with the boj's unprecedented stimulus program. south africa's ruling african national congress meets to finalize the transition of power from jacob zuma. the anc leader has told supporters the party must resolve this problem, including accusations of corruption against azuma. the new anc leader is expected to succeed him in his presidency. has beenty airport closed indefinitely after the discovery of a world war ii bomb. the weapon was found during development work at the nearby dock, and the police have imposed an exclusion zone. it is not known how long the airport will remain closed. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i am rosalind chin. thank you. let's talk about what is happening with key events. we were talking about how the asian equity markets were mixed early. we are seeing downside pressure in australia, but hong kong, china, and south korea all high

he spoke after a meeting with japan's prime minister, shinzo abe a.isterg-un has named his to represent north korea at the winter olympics in south korea. dynasty'se the kim first official representative to set foot in the south. in germany, the way has been cleared for chancellor angela merkel's fourth term. merkel's bloc has reached a deal with social democrats to form a coalition government. people familiar with the matter say the social democrats will run the finance, foreign, and labor ministries. get defensec will and economy. the deal and a four-month stalemate. in the u k, prime minister notesa may's cabinet will agree on brexit plans this week. the march deadline for agreeing on the terms of the transition phase now look optimistic. the proposal for the future customs relationship with the european union is not close to being ready. global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. i am taylor riggs. this is bloomberg. vonnie? tonie: coming up, count down shut down. the house passes short-ter

president mike pence has announced new sanctions against north korea meeting with japanese prime minister shinzo abbay in tokyo opened said they'll be quote the toughest and most aggressive measures yet in response to the north's failure to abandon its nuclear weapons program. the vice president of the european parliament has been ousted from his position and the peace voted by a large majority in favor of removing him after he sparked outrage by comparing a fellow polish m.e.p. to a nazi collaborator. in the mall deaves the supreme court has reversed a ruling ordering the release of several imprisoned opposition leader is president ability i mean it says that they're involved in a plot to overthrow the government he's defending the jailing of the judges and his political opponents the maldives were plunged into a political crisis after the supreme court ordered the release of the politicians. in taiwan rescue efforts are underway after a six point four magnitude earthquake killed at least six people and injured hundreds of others well authorities say around sixty people are still unaccounted fo

he spoke after meeting with the japan prime ministers shinzo abe.his sister to represent north korea at the winter olympics in south korea and she will be the first kim dynasty official representative to set foot in the south. in germany, the way is clear for , hera merkel's fourth term bloc has reached a deal with official democrats to form a coalition government and people familiar with the matter say social democrats will run the finance foreign and labor ministries. her block will -- the deal finishes a four-month stalemate and social democrats still have to ratify the agreement. the european union for next the euro area economy will grow faster than expected this year and next year. they forecast 2.3% growth this year and 2% in 2019, but says inflation will remain subdued. that is a disappointment to the european central bank. global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. i am courtney donohoe. this is bloomberg. vonnie: coming up, is the white house concerned about inflation at how st

prime minister shinzo abe hasn't for a secondoda term as boj governor.seen as a favorite to stay on, to maintain the banks unprecedented monetary stimulus. he said he is no -- in no position to talk about unwinding the program. but he said japan has beaten the inflation and are recovering. a rift between the australian prime minister and his deputy is widening, saying malcolm turnbull's comments about his extramarital affair were inept and the necessary. he said joyce made a shocking error of judgment that caused the breakup of his marriage. banned sexual relations with the junior staff. as. regulators have rejected china takeover of the chicago stock exchange. the boards had been in talks with an enterprise over a deal worth $27 million. but the company has no apparent experience running a stock exchange. the bid it did not meet requirements. chicago handles lessons are .5% of u.s. stocks rates. they have named a second in command to maintain group policy. the board decision is subject to a shareholder vote in june. the decision and the weeks of ult'sla

. >> the prime minister of japan, shinzo abe, nominated governor kuroda to lead the bank of japan forar term. abe also appointed to deputy governors. >> we should see monetary stimulus here in japan continue aggressively for at least the next few months. we have another meeting coming up in march. nobody expects any change. there will be a great deal of interest when we get to april. that is the first meeting we get with the new leadership in place with the two deputies alongside kuroda. perhaps moving into this new term will give him a chance to rethink, to recalibrate, and we will be watching with a lot of interest, especially the april meeting. ♪ >> the cleveland fed president is said to be among the contenders for vice chair. you have got a fresh fed chair. would it be best to surround him with established figures to be able to guide him through the first year? >> i think loretta is an excellent person and would be an excellent choice. she is someone who has a very good grounding in economic research on the regulatory side and the monetary policy side. she has been in the federal

and to his great credit, shinzo abe and asa were prepared to make deals. then after years of trading, they said, after years of signing with korea and japan, you better sign with us. what does that mean? well we will abolish, for example, the tariffs on u.s. wine exports to china. for us, they are zero. by can now bb open up hospitals in china without having to have joint venture partners. our services represent 70% of our economy. that represent only a fraction of our exports. so we see the fastest growing middle class in the world as an opportunity for education, tourism, you know, health services. financial advice. banking services. et cetera, et cetera. things that we have previously focused on the economy we can now export into our region and great advantage is we're in the same time zone. >> i feel like at some point we should talk about the super bowl and the ad, at some point. my kids were incredibly disappointed there wouldn't be a crocodile dundee ii. but well done on one of the best stats. let's go back to the floor if there is any more question

he wanted to sit with president moon and japanese prime minister shinzo abe, the three allies together, to show the kind of steadfastness against north korean aggressions. there was a lot of speculation all week about whether vice president pence would meelt with members of the delegation. he didn't rule it out. he was coy all week. he said we'll see what happens. he wasn't looking for pleasantries. that's why he didn't speak to kim jung un's sister or kim yong nam. he said if i'm going to talk to the north koreans at all this week i'm going to deliver a tough message. let's face it, the opening ceremony, in between the fireworks, dragons and all the dancers is not really the time to do that. they were sitting there. it might be an opportunity tomorrow for them to talk. we really don't know. but, you know, the fact that the north koreans are there, very significant. but, you know, as far as the vice president and the trump administration is concerned, this is a charm offensive that's going to be kind of one and done. this isn't going to further north korea's nuclear ambitions. that's w

president and the vice president is having over there specifically with the japanese president abe shinzosome way to form bridge, how does the olympics maybe help happen? >> i don't think much gets done at the olympics, the u.s. is in the driver's seat, strategy called maximum pressure, nuclear defense, strategic deterrence, heavy sanctioning, limits the capacity of north korea to grow threat, our capacity to defend against the threat increases, our relationship with key players are south korea and japan, that's absolutely rock solid. so quite honestly, the chinese, the russians, the north koreans, they don't have a lot of playing here. julie: i'm going to ask you, what do you make of former white house chief of staff leon pineda made comments on fox, here is what he said, he basically believes that north and south korea and he was talking about the opening ceremonies in the olympics could be planned when talking about their unity at the olympics? >> look, i think he's an idiot. look, the south koreans and the the americans and the japanese are on the same sheet of music. we have to prote

moments when members of the american press core were prevented from entering the room where pence, shinzobe and moon were taking part in the photo op. secret service agents were able to restrain crowd and usher media to save take. they were then let into cover that photo opp. >>> last night athletes from 92 countries, including 242 from the u.s. marched in the parade of nations, first event to take place in the brand new , 109 million-dollar olympic stadium. the delegation from greece marched first in honor of the olympics origin while south and north korea walked last under the unified korean flag. >>> omarosa newman is contestant on big brother here on cbs. on the show the former aid is revealing new details about her time in the white house. >> it was like a call of duty, i felt like i was serving my country not serving him. whenever i'm accepting a political appointment, it was always about the country. i was haunted by every single day, does anybody say to him, what are you doing? i tried to be that person and people around him attacked me. >> three night premiere of big brother cele

. >> the president made the statement alongside the japanese prime minister shinzo abe in tokyo, he'shis way to the olympics and the two leaders vowed to stand together against north korea and the vice president did not give details on what the sanctions would be. we also learned this morning that vice president pence plans to meet with north korean defectors when he arrives in south korea where he'll be attending the winter olympics games. >>> the dow jones up for now. 163 points. we have seen wild swings on wall street. are we in for another day? stay with us. your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. when did you see the sign? when i needed to create a better visitor experience. improve our workflow. attract new customers. that's when fastsigns recommended fleet graphics. yeah! now business is rolling in. get started at fastsigns.com. yeah! now business is rolling in. i neverunderwear that's this

most economists say more stimulus on the back of -- from the bank of japan after shinzo kuroda for a. spoke to a former advisor to the government who says kuroda will have to wait and see. >> structural reform is very important and fiscal stance is very important. all bankers can do is continue until theand wait inflation rate goes toward 2%, which may take another six much to a year. haslinda: confidence in rebuilding its business in asia despite flagging fourth-quarter net loss of up to $1.93 billion. says restructuring talks have been productive. indonesia has issued a red alert after the latest irruption of mountain about an so much a -- in sumatra. ashes to reach seven kilometers in height. it was dormant for 400 years before rumbling back to life in 2010. singapore, malaysia and thailand trading today. here is how it is looking for those indexes. gains across the board. minutes.0 this is bloomberg. ♪ julia: welcome back to "bloomberg businessweek." i'm julia chatterley. carol: and i'm carol massar. still ahead in this week's issue, -- still ahead, how the wwe came to dominate s

francine: in today's morning daniel says would japanese prime ministers shinzo abe nominated the governors governor of japan, he gave him a gift that might hold the key to policy over the next five years. dan argues by nominating two japan, he gavedeputies, yes pro maneuver should he need to execute a policy shift each direction. here to talk with this is andreas utermann, chief executive officer of allianz global. i love the morning must-read, but i wonder, what would it take for policy to be shifted in the other direction? >> you mean tightening? francine: yes. is it near impossible? >> it is deftly question of old that will ever happen -- definitely questionable that yourhappen in the future. we talk about japan, the last two decades, all of that, but if you look at the underlying economic results, the growth of gdp for head, the growth of gdp per person employed, japan is outperforming pretty much every country in the world. that is to do with the fact that its population is shrinking and the management is transitioning really, really well. if you think about, what does a population s