admiral harris, i'm happy to see in your written testimony that you raise the asia pacific center for strategic studies and the center for excellence disaster management. can you talk briefly about the importance and the benefits that these two organizations provide to you as a commander of pa-com? >> yes, senator. i believe the asia pacific center for security studies is a true force multiplier for my operations in the pacific. dkiapcss is able to bring countries to hawaii that i can't go to. relationships, they enjoy special ability to link together students from all over the region in very positive ways and in building those relationships, it helps me in the region and it also helps those countries to realize the benefits of a relationship with the united states. so i can't say enough about dkiapcss and retired lieutenant general dan leaf, who commands, who directs that thing. i'm pleased to be able to work closely with him and the center and i'm pleased that the center is a direct report to pa-com. so, too, cfedm, the center for excellence and disaster management. i think that cen

admiral harris, i'm happy to see in your written testimony that you raise the asia pacific center fortegic studies and the center for excellence disaster management. can you talk briefly about the importance and the benefits that these two organizations provide to you as a commander of pa-com? >> yes, senator. i believe the asia pacific center for security studies is a true force multiplier for my operations in the pacific. dkiapcss is able to bring countries to hawaii that i can't go to. relationships, they enjoy special ability to link together students from all over the region in very positive ways and in building those relationships, it helps me in the region and it also helps those countries to realize the benefits of a relationship with the united states. so i can't say enough about dkiapcss and retired lieutenant general dan leaf, who commands, who directs that thing. i'm pleased to be able to work closely with him and the center and i'm pleased that the center is a direct report to pa-com. so, too, cfedm, the center for excellence and disaster management. i think that center h

the zika virus. that is on bloomberg.com/asia, check it out. st week was one that asian investors probably for -- prefer to forget. with the regional benchmark closing at its lowest since 2012. the fray later, haidi lun is here to take a look at what to expect. i think we are optimistic, we have futures when he to a higher open, at least outside of china. this is largely on accounts of the yen calming down. started to play out in the final -- friday session. we are seeing the yen declined so far. as such we are seeing a slight uptick when it comes to futures for japanese stocks. let's check in on the aussie stocks. australian and new zealand markets are turning to trickle in. we are looking at not much movement for the aussie dollar. but the -- the index was down 5% last week. equities japanese which were the worst performer. japanese stocks are down the most in seven years. that was largely due to the and. -- due to the yen. chances are we will see the markets in terms of japanese markets come down. in terms of other markets trading around the

president to visit laos when it hosts the east asia summit in september. ever the next president may be will build on the foundation we've laid. because there's strong sustained bipartisan support for american engagement in the asia pacific region. and through our young southeastation leaders initiative, our investment in young people, in their business success and civil society and grassroots leaders across the nation will further bind us together in a spirit of partnership and friendship for many years to come. so with that, let me take a few questions. i'll start with darlene of the associated press. where is darlene? there she is. >> thank you, mr. president. my question about the supreme court. >> what's up? >> what recourse do you have if leader mcconnell votes a vote on your supreme court nominee? and do you think if you choose someone moderate enough republicans might change course and schedule a vote? and as you consider that choice and who to nominate, what qualities are important to you and is diversity among them? thank you. >> first of all, i w

the bill that they are engaged in? >> senator, i believe china seeks hegemony in asia. simple as that. >> regional control. >> yes, sir. >> thank you gentlemen for being here today. we certainly appreciate your service. admiral harris, 2014 the marine corps announced its expeditionary force 21 doctrine, which stated after over a decade of land-based combat operations, the marines were going to start returning to amphibious root. i believe the success of this after his vital in order to respond to a rising china and assist allies in the region. are you comfortable at the navy marine corps forces posture to provide capabilities to meet your pay, requirements? >> senator, i am. i will be the first to say that 14 years of fighting in iraq and afghanistan landlords, you know, there are measures in the marine or that i've never served i see in the marine force. i welcome the return to amphibious city. it is not just the marines. marines are involved in training allies and partners as they see the benefits of having an amphibious capability for their areas. for example, indones

every country in asia is so different even though in the west, they think, it is all asia. is so different from ,ndia, singapore, hong kong malaysia, thailand. because i worked in all 14 countries, i understand the differences. i want to localized for companies here. we understand the differences. haslinda: it is very interesting that you have chosen to hire more women than men and you have always chosen to do that. rosaline koo: at my last company , they told me that in order to have more diversity to my needed to hire more men. now, 80% of my leadership team is female. it is amazing how much we get done. there is no ego in the way. haslinda: women are known to be catty. rosaline koo: i hired non-catty women. [laughter] i found really strong, confident women who are passionate about making the world a better place. also, they can multitask. many of them have kids. they know how to multitask and get things done. haslinda: investors are taking notice. you have ahead offers -- you have had offers. they want to buy you out. rosaline koo: we are fortunate because we had traction

pivot to asia, and he , the growth of gdp in asia in general belief 10 years than anywhere else in the world. the results are out on monday. they will update their plan for asia. people see whether they will pivot to asia -- we will see whether they pivot to asia. shery: after speculation, what are they saying about the u.k. possibly quitting europe? issue has weighed bankers mines. the hsbc says it could move 1000 investment bankers to france, and that is really the most followed bit of them permission -- information. shery: thank you for that. mitsubishi is set to order 20 m r.j. jets. mr. beatty -- mitsubishi's order is highly valued. the order is set to be from the u.s. 20 jets, orders for mitsubishi heavy. after more than two years of delays and ballooning costs, bombardier is ready for takeoff. ♪ shery: good morning. this is trending business. ♪ live from tokyo and singapore this hour but this is what we are watching this morning. oil is strengthening on news that saudi arabia and russia will meet to discuss prices and production. brent crude ha

president to visit laos when it hosts the east asia summit in september. dent that whoever the next president may be will build on the foundation we have laid, is strong,re sustained, bipartisan support for american engagement in the asia-pacific region. and through our young southeast asian leaders initiative, our investment in young people and their business success in civil society and grassroots leaders, i believe it will further bind us together in the spirit of partnership and friendship for many years to come. with that, let me take a few questions, and i will start with the associated press. where is darlene? darlene: my question is about the supreme court. president obama: darlene: my question is about the supreme court. president obama: i am shocked. [laughter] darlene: what recourse do you have if the senate blocks your supreme court nominee? what qualities are important to you and his diversity one of them? obama: i want to reiterate my condolences to the scalia family. hadice scalia and i different political orientations . there is no doubt tha

. >>> moving on to other markets in the asia-pacific region. taiwan's markets gained 1%, closing at 8365. investors were cheered by the hon hai bid, boosting other high tech shares. shanghai composite dropping nearly 6.5%. some market players booked profits after the index hit a one-month high on wednesday. the weaker yuan weighed on sentiment. the kospi is snapping two days of losses. hong kong extended its losses to a third day. all sectors were lower following the plunge in china. in singapore, down by .6%. and here's a look at some of the other business stories we're following today. >>> prime minister shinzo abe is urging firms and organizations around the world to invest in japan. abe told a forum in tokyo that japan's economy offers security and stability in an increasingly volatile world and he promised to tackle two related issues, the low birthrate and the aging population. >>> officials in japan are testing a new way to deliver groceries and other necessities to peoe in rural areas. staff used a drone to fly food about 500 meters to a

the holiday will be celebrated in countries throughout asia. is probably felt the most in china, where the world's biggest human migration takes place every year as people go home for the holidays. the migration means tickets for trains, planes, and buses are booked months in advance. travel within china jumps and traveled from outside slumps. every year in the run-up to the lunar new year, foreign arrivals to china nosedived as the tourists stay away. bad onyou thought it was a regular day, things will get eve of thenday, the lunar new year. air pollution spikes approaching midnight as millions of people throughout the city let off fireworks. it is happy friday. a beautiful morning in hong kong on the last trading day in the year of the goat. decorations are out in full force across the city and much of asia as well. the goat was supposed to be somewhat thoughtful approved to be anything but. astrologers say the year of the monkey will be even more uncertain. they also say there may be a silver lining here. it may be easier to resolve conflict

let's look at the asia pacific region. pretty positive. 1.6%, jobs for january, 6%, weaker than expectations. over in south korea, the kospi is up 1.23%. fell for the first time in two months. finance ministry says the trade deficit was nearly 646 billion yen. that's about 5.7 blgds. exports declined 12.9%. that was the fourth straight month of decline. shipments to china and other asian markets were down. increased 18% imports, crude oil and liquid natural gas declined shortly. the figure fell for the 13th month in a row. tokyo's major airport, haneda, covers a vast area and some of the land is vacant. officials are planning to fill one lot with a hotel and tourism complex ahead of the 2020 olympics. encompass 1,500 heck tars that began in 1984. they remain undeveloped. the land ministry has marked a plot for the new project. international flight terminal, started accepting applications for companies that want to be part of the development. officials plan to make the selections in june. executives at honda are expanding th

i believe the asia-pacific center is a true force multiplier for my operations in the pacific. pki, is able to bring countries to hawaii that i can go to.

. >> reporter: we're going to speak with the asia bureau chief of defense. tell us more. when we look at the militarization particularly with china and this move by them to locate missiles there, what does it do to the tensions in the south china sea? >> it frustrates the neighbors who have claims on those islands and also frustrates the americans as well because there

the asia-pacific gauge down by 3/10 of 1%. we spoke about some of the biggest movers today. softbank is moving up for a second day. exuberance,of that the share buyback plan. we talked about woodside. domino's pizza, better than expected results. that is one of the movers to the upside in sydney. the people's bank of china weakening by the most since january 7, so we are seeing some weakness when it comes to growth on short and offshore. this is the offshore yen. weakening by just about 2/10 of 1%. in terms of the picture when it comes to crude, we are seeing a little bit of a recovery, a

general milley, as you know, the asia pacific region has been in the news for the l.a. several months with north korean nuclear test and the chinese aggression in the spratleys. a casual observer might get the feeling that this is primarily a navy and marine corps issue. i would like you to articulate the army's role in deterring aggression in the region and also reassuring our allies. >> thanks, senator. i think the army plays a very, very important role in the pacific. we've got 75,000, almost 80,000, actually, army soldiers in the pacific command. so about 1/3 of the operational force of the deployable operational army is committed in the pacific. it does a lot of things that i know are worthwhile for deterring any potential outbreak of hostilities and shaping the environment, reassuring our allies. pacific pathways is a good example where army forces routinely three times a year exercise the strategic deployment capabilities to do that. most of the countries in asia, their militaries, i think, all but three or four of them are actually led by army officers. there's

>> the economies are growing in asia, stronger than the rest of the world. ds to really drive security spending. we see asia as a growth market. we have been in asia for three decades or more and we will be here for many years. >> asia versus the u.s. versus europe -- where does it stand? asiajust recently moved to . >> welcome. >> we have great partnerships with the countries across asia. singapore, in particular, is a very exciting place for us to do business. aboutre is a lot of talk the self fighter jet. what kind of demand are you seeing from asia? >> it is the world's most advanced fighter. every air force in the world wants to have it. >> singapore has been a participant, but has yet to acquire the jets. are we likely to see any orders? >> singapore has been a partner since 2002. that is a choice they will make in terms of their procurement. >> what kind of challenges do you face? >> some of the challenges are the demand for technology transfer and we really like to find the best industry partners in each country to promote collaboration and cooperatio

the yen week? find out on bloomberg.com/asia. are saidbia and russia to be meeting today with trade of oil around $30. venezuela may join the talks in doha. we have bloomberg news energy tracking this for us. what might come out of this meeting? it is really hard to say what might come out of it. really, if you are in the -- the oil business, you look to see an agreement to make some production cuts. the saudi's have resisted that. the russians have resisted that. those are the two largest producers. if they were able to reach some sort of agreement and the saudi's were able to lead opec to make a few more cuts, you might see a pretty significant rally. it seems to be a little on the hush-hush. you don't normally expect an announcement out of that. again, they are the people that have the biggest levers. if they pull them, something big could happen. angie: absolutely. saudi arabia coming to the table is significant. russia and money managers extending their long positions. rise.xpect prices to is that evidence we will see a rebou

. >>> analysts at a british think tank say that the asia pacific is the only region to see an increase in defense spending. they are saying simmering tensions in the south china sea and other areas are driving up military budgets. in 2015, asia pacific countries poured $356 billion into defense. china accounted for the biggest share. it increased spending by roughly 11% from the previous year. the philippines boosted its defense budget by nearly as much. manila and beijing are locked in a territorial dispute over the spratly islands in the south china sea. it refers to a runway in the island chain. there is speculation that beijing may use the islands for military purposes. >>> financial markets are in turmoil as worries over the state of banks linger. stocks in tokyo adds to concern by falling to a key level. we good to our business desk where gene otani is. investors are getting out of riskier assets like stocks. the nikkei average fell below the key 16,000 mark this wednesday. it headed 2.31% at 15,713. all the shares were lower. banking shares continued their downward trend with ne

the next several days. let's tack a look here at eastern asia. high pressure dominating northeastern locations, extending towards russia. overnight lows in these locations, minus 40 to minus 50 by the way. that's chilly. the northerly winds, japan, not tokyo, but interacting with the trop pic trop tropics. good news with this. going to interact with the inter tropic tropical, also el niÑo impacting this area, causing severe drought. so you definitely want the rainfall. all right, leave you with the extended outlook. >>> and that's all for this edition of newsline. thanks very much for joining us. 0 stacey thunder: on this edition of "native report," we walk with participants of the dakota commemorative march, we visit a school district with a 100% graduation rate for native american students, and we celebrate our 10th anniversary of "native report" by revisiting devils tower in wyoming. we also learn something new about indian country and hear from our elders on this "native report." announcer: production of native report is made possible by grant

has been a stablingise force in the asia-pacific since world war ii. there are more u.s. troops in the region. not all the leaders who are coming to this submit agree that the u.s.-- summit agree that it is a balance. they hope all this will carry on for years. for obama it is the fulfilment of a promise, to be the first american pacific president >>> an independent consultant on china explains why progress in the dispute over the south china sea will be difficult. >> there are two great forces, the u.s. on one side, china on the other. you have to feel sorry for the other countries who are torn between these forces, economically and in terms of stability and safety. this is not the year for much progress because it is a u.s. election year. in terms of trade policy, in terms of china policy and, indeed, in terms of pacific policy, asean policy, this will all change after november. you will have to listen the candidates to know there are different views on china, very different from what obama has done, different views on trade. very different from what obama has done. in a

the remaining countries of southeast asiae menaced by a great plaflanking movement. this view has been referred as the domino theory. i personally do not believe in such a theory, it means believe in a law of nature which requires the collapse of each neighboring state in an inevitable sequence following a communist victory in south vietnam. however, i am deeply impressed with the probable effects worldwide, not necessarily in areas contyingous to south vietnam if the war of liberation scores a significant victory there. president kennedy commented on this danger with moving he low again -- eloquence. freedom today is the southern half of the globe, asia, latin america, africa and the middle east. the lands of the people who harbor the greatest hope. the enemies of freedom think they can destroy the hopes of the newer nation and aim to do it before tend of this decade. this is a struggle of will and determination as much as one of force and violence. it is a battle for the conquest of the minds and souls as much as the conquest of lives and territory. in such a strugg

reporter: one out of every three airline passengers in the world last year took off or landed in the asia-pacific region. growing middle-classes in new markets are pushing industry numbers up. last year the number of passengers here fwru 8% more than nirlts in the world. a soaring demand for more flights see the needs for more services. the regulator in december downgraded thailand's safety rating that is in focus more than ever >> there are wake-up calls around the region where the u.s. faa has done some issues and others where they have to step up to the plate >> reporter: new airlines have taken to the air which causes established airlines to rethink how they operate. in financial trouble thai airways is restructuring. >> we are reinstruct youring which means our cost base is high. our competitor because of the price, keep dropping the price as well. >> reporter: the growth of the airline industry here in asia-pacific has been so rapid over the last 10 years there are concerns that the infrastructure is not keeping pace and that airlines are scrambling for experienced pilots and proper trainin

let's check in on the markets in asia. haidi lun is standing by for us sony, the move in sony's shares are noticeable overnight getting a little bit of a boost .rom a certain secret agent >> james bond has been a huge favor. minute to that in just a in terms of this astronomical search that we did see today but you talk about diverted picture against people can go look at a big etcher things are looking pretty good. the asia-pacific index is on track for a fourth day of gains. this is largely driven by markets in japan as well as salt we are seeing a little bit of strength coming through from emerging markets and southeast asia. but really it is a little bit of a sugar high. tom the decision to go there go to negative rates on friday. that's really still playing out across the region lifting risk appetite as was seen across other markets. the naked two to five closing up by 2%. the topics about the same with had that 3% bounce on friday. extending those gains. south korean shares managed to close up the distance. some horri

other markets in the asia-pacific region saw volatility. the shapgs high rose more than 1%, closing at 2867 and extended gains to a three-week high. hong kong retreated from two days of gaines, hank sing down by 1%. 18,924 for the close. seoul's kospi shed by about 1.25%. the singapore dipping almost 2% after the oil exports dropped nearly 10%. here's a look at some of the other business stories we're following. >>> annual wage talks in japan have kicked off in the auto industry. union delegates are asking for an average increase of about $26 in monthly base pay. this is the third year in a row for themo make this request. the proposed hike is relatively low. union leaders say this is because they wanted it to be acceptable to managers at small parts makers. >>> japanese officials will meet from next week on ways to improve conditions for non-regular workers. their recommendations will be included in a reform road map by the end of spring. the concept of equal pay for equal work is relatively new in japan. temporary and non-regular employees

forces in the asia-pacific, and the united states. you live in a part of the world that is most directly certainly at threat. it also maintains -- north korea's missile program dates back to the 1970's, and in 1984 north korea conducted its first ballistic missile test of a scud-b ballistic missile. north korea's ballistic missile arsenal includes shorter-range scud missiles that can travel nearly 300 miles. no-dong missiles that can travel up to 800 miles and several longer-range missiles that can travel from 4,000 upwards to 6,000 miles. in april 2012, north korea displayed at a military parade a new long-range missile variant known as kn-08. the missile was displayed on a chinese-made transporter erector launcher, and in the fall of 2015, north korea again displayed at a military parade the same missile on a chinese tail. in december 2012, north korea successfully launched the deyana launch 3 vehicle, placed a satellite into orbit, representing a significant advancement in their missile technology capabilities. on february 7, 2016,

, the indo-asia-pacific, what would ratification of that u.n. convention do for the united states? >> thank you, senator, for the opportunity. let me begin in response by saying that i have been, i have talked to quite a few folks who are opposed to united nations commission on law of the sea and i've been informed by them and i appreciate their position. i understand their position. i don't agree with it but, acknowledge there are good reasons, there are reasons to oppose unclas. first it gives us credibility in the international space because we lack today simply because we're not signed on uncalas. in military sense, projection of power, whether we sign on to unclas or not will not affect that. i think by not signing on to it, that we lose the credibility for the very same thing that we're arguing for, which is following accepted riles and norms in the international arena. you know, united states is a beacon, we're a beacon on a hill but i think that light is brighter if we sign on to unclas. we'll find ourselves in this odd situation here in

the key is the demand is driven by asia, asia-pacific. i think that is what is getting the world gravitating. >> reporter: and now battling it out for asia's attention are the two big boyce in the industry, airbus and boeing. they fly into the singapore air show with airbus leading but the american company is leading counterparts in deliveries. the big squareoff will be in theed me-based jet space. that's where asian manufacturers are making their presence felt. the chinese 919 and the regent jets will be competing against the russians, canadians and brazilians. but with the global economy heading towards store speed, they'll have to make sure they're producing maximum thrusts to make sure it takes flight. sri jegarajah. >>> the nikkei's makita is there. e're still seeing gains in the equity markets. >> exactly. and it was a bit of a surprise. we'll talk about that later. starting with government figures released today show that japan's gdp marketed negative growth of an annualized 1.4% during the october to december quarter last we're. th

they clashed in the asia cup t20 in bangladesh after winning the toss. they made good use of the bowling condition. pakistan out for 83 in 17.3 overs, but that was not the only drama taking place there. >> reporter: when teams in the first throw overs, it looked for a few minutes like a fail biting finish might be on the cards, one that pitted the traditional strength of each team against each other. in the end the depth were up held and they reached their target easily leaving indian fans happy and pakistani fans dejected. there is a silver lining for pakistan ee fans there was a performance from the 23-year-old who is returning fro a five-year ban for spot fixing which included three months in prison. cricket officials will be hoping that this was a sign of good things to come from the youngster. >> reporter: rinaldo could be in trouble following his team's defeat on saturday. he claimed real would be top of the league if his team mates were on his level. the manager tried to diffuse the situation claiming that he didn't mean to cause defense. they los

. >>> checking the marks, trading volume in the asia-pacific is fairly thin now that the lunar new year holidays have kicked off. here in tokyo stocks were volatile on monday after the u.s. jobs report on friday. but the markets managed to snap their losing streak. our business reporter mayu ushida has the details. >> investors were hoping the u.s. jobs report last week would provide more clarity on the u.s. economy. we found out that u.s. job growth slowed in january, but wages picked up. so analysts are saying this mixed data did not give any clues on what the fed might do with its monetary policy in march. so that's why investors were having a rather difficult time with their position. so trading was choppy and subdued on monday. the nikkei hit a two-week low at one point but recovered and closed up 1.1%, just above 17,000. the first rise in serve sessions. the broader topix ended the day .8% higher. stocks were seeing earlier dallass as the dollar/yen gained. however investors are still worried about earnings at japanese companies as the dollar lost over 4% since late january. after

southeast summit and became the first partner to in 2013, we created the young southeast asia leaders which now has over 60,000 vibrant members. economic ties are also booming. quarter trillion dollar trade relationship with 55% since 2009. the asean region is now the largest goods export market for the united states. asean countries 500,000 more than american jobs. alone companies from california exported $11 billion to asean. companies from all 50 of our trade withge in asean. u.s. companies have been the argest investor in asean with stock of more than $226 billion, 2008. doubling since asean is also an increasingly important partner in addressing regional and global challenges maritime disputes to climate change, pandemic disease violent extremism, sustainable development to persons, which is why last year during the president's trip to malaysia we partnership with asean to a strategic partnership. much more we can still do together and that's why we're here. next day and a half, we'll discuss our shared invasion in promoting invasion -- innovation and entrepreneurship, encouragin

the situation we face in southeast asia is complex. but in my view, the underlying issues are simple and are utterly fundamental. i am confident that americans who have a deep and material understanding of world responsibility are fully capable of cutting through the underbrush of complexity and finding the simple issues which involve our largest interest and the deepest purposes. i regard it a privilege to discuss these problems with the committee this morning, to consult with you, and try to clarify for the american people the issues we must squarely face. i do not approach this task on the assumption that anybody, anywhere, has all the answers. or that all wisdom belongs to the executive branch of the government, or even to the government itself. the questions at issue affects the well-being of all americans and i am confident that all americans will make up their own mind in the tradition of a free and independent people. yet those of us who have special responsibilities for the conduct of our foreign policy have had to think hard a

what about the role of asia and the numbers and the strategy? asia still contributes a huge amount to hsbc. the results said that asia remain central to their strategy. 50% of adjusted profit before tax. they mentioned that a just -- asia continues to be at the forefront for hsbc. anna: thank you. rosalind chin joining us from hong kong. manus: charlie is still with us. story is perhaps a great example of no loss provisions, asia exposure. if we talk about the banking industry in general, it does fall into your work because it is all about bonds, credit default swaps, various tiers of debt. that comes home to roost in the rates market very squarely. have we passed the eye of the storm in terms of being worried about banks? are we overly worried about banks? everyone has said, look, stop this panic. there is enough liquidity. we are all in a mass hysteria over banking. think whereean, i the cause of concern is coming from is a macro story. it is global growth and the fact that you are not seeing the traction from policy makers you would have norma

. >> higher commodity prices helped brighten the mood in asia. es managed to end in the positive thanks to the surge in heavy weight soft bank. nikkei eventually closed at a one-week high of $16,054. the broader topix closed just a tad below 1300. the company soft bank announced a 14.4 million shares buy back. and that was on concerns over soft bank's u.s. arms. now, it looks like investors really took this buyback plan because soft bank shares soared and ended the day up nearly 16%. and real estate stocks were hoping the boj changes will boost sales. kirin hoeltdings had disappointing earnings. one market strategist i spoke to said there are fears hanging over the markets from china, oil, and negative interest rates. >>> most other bench marks in the asia pacific region ended higher. in china, take a look the shanghai composite gained by 3.3%, jumping to 2836. it posted the sharpest one-day rally in more than three months. some investors shared comments that hinted at further stimulus measures. seoul kospi finished up 1.4% after the bank of korea

let's check in on how the markets have been trading in the asia-pacific region. eat day to end with. they're giving back some of the gains from the rally earlier this week. the risk aversion has spread throughout the region. commodities trading currencies in particular. down with energy prices. off by 7/10 of 1%. we are counting down to the markets reopening in hong kong and china. at the top of the hour. ♪ emily: the latest edition of business week is out. the most important apple executive you have never heard of. developed the first apple designed chips. his latest success was dax nine processor. here are the authors of that story. >> he just joined tim cook's management team earlier this year. he has been an apple since 2008. he is basically running the semi conductor division at apple. a company that likes to make everything from the software for the hardware all the way down to the processor. that is what enables them to make differentiated products. he is an israeli born engineer. he joined apple right after the first iphone had come out. it was a revolutio

the importance of asia. the bank is discussing a new headquarters.been looking at issues such as tax, financial regulations, and the outcome of a brexit. hsbc said it would no longer review the location of its headquarters every three years and would look at the matter if there was "immaterial change in circumstances." alibaba is extending its reach --o the e=retailing w e-retailing world. the filing shows alibaba was buying elsewhere, snapping up andes in jet.com, lyft, magic leap. groupon shares have lost 86% of their value since going public more than four years ago. the company has struggled to reach growth and profits, but results beat estimates last week, driven by buyers in north america. softbank could become involved in foxconn's bid for sharp. the nikkei reports they could form an alliance with softbank taking up to a 20% stake. could said the ceo buy into sharp directly, as well. foxconn is up against japan's inc. j. shery: looking ahead on the show, nba superstar lebron james is making big bucks during his free time. you will see how he i

asia. coming up, a big earner -- lebron james, already the king of the court, but now he has claimed another crown. all that and more on this monday edition of. "asia edge" haidi: we've got the good, the is, the bad being that china playing catch-up, but in the worst possible way. we are off our intraday lows. elsewhere around the region, we are seeing a recovery rally. the yen down. gold prices are down. we are seeing more of a risk on appetite when it comes to equities across asia, being led by tokyo to the nikkei 225, up over 5%, this after it shed 11% yesterday. regionally, we are seeing stocks .ome off three-year lows thailand, just coming online, up by 9/10 of 1%. it's a bit of a combination of two things to disappointing gdp .oming out of tokyo also the topics in particular, the automakers. we are seeing strong gains in the energy space. we had that 11% surge on friday, which drove gains across u.s. and european markets. we are also seeing milk producers, the likes of frontera, joining games after those numbers out of china came in better than expected. we have had the really disappoi

raymond in a sincere, -- look at the take a markets in the asia-pacific. eeling the downward pressure. the hunks saying is down 4/10 of 1%. eng is down-- 4/10 of 1%. and shares rallied earlier in the week on optimism that the boj would step in with more monetary stimulus. that is it for "trending business." edge," tuned for "asia where we have the big stories of the day so far. ♪ yorkom our studios in new this is charlie rose. a cease-fire in syria is set to take effect on friday. little sign of hostilities abating. the state department acknowledged yesterday that world powers have yet to even meet to negotiate the details of the cease-fire. the calls for humanitarian aid to be

on top of that, it has a record order backlog and has its eye on the asia-pacific markets. it sounds positive. the chief executive of airbus is cautious. >> it is unlikely to change anytime soon. orders soared to a record of one trillion euros. net profit jumped 15% compared to a year earlier. >> they are financially in very good shape. this has not always been the case. >> they remain cautious about the future. they haul some have the model. >> the success in the u.k. is based on integration, teamwork, and european industrial integration. that is how he worked today and that is fundamental to the operations. >> ec virtual reality. the market will be used $80 billion in the next decade. analysts say could create -- >> it is like being on a roller coaster but all taking place in virtual reality. virtual-reality goggles make this ski jump seem like the real thing. five minutes at outdoor adventure inside the convention hall. >> it looks really real. >> i could not convince myself it was fake. it was too scary. >> i am completely there inside. >> the are goggles are a big hit a

japan is one of the most volume file markets through asia right now, particularly over the last month or so. you're seeing markets close around most of asia and then you've got turmoil in the u.s. and europe and then boom it hits the market. that's already a very volatile market in a time when the markets are closed. it got hit pretty hard. that's kind of the backdrop of what's happening from the way i see >>> if you're a trader in europe, you've just started your working day, if you're a trader in the states, you will start work in a few hours. what do you need to hear in those locations to female calmer and confident because the markets like confidence. >> i think that after such a big drop on-- feel calmer-- liquidity in the market, they're going to see the market has already fallen and so then they're going to have to make a decision. that was a pretty move that we have already seen. i think it is unlikely we're going to see it continue, but the second thing is when other markets open, coming tomorrow in asia, basically there is plenty of room to absorb liquidity and movements of

the session. we had relief in overnight sessions in asia and europe. nd nasdaq up 88. >>> the argument over whether or not the u.s. is facing recession does continue but bob kaiser says as long as we avoid the r word, there are a few sectors that he finds attractive in the equity market and he'll talk about it after we come back. i'm in vests and as a vested investor in vests, i invest with e*trade, where investors can investigate and invest in vests... or not in vests. this is my retirement. retiring retired tires. and i never get tired of it. are you entirely prepared to retire? plan your never tiring retiring retired tires retirement with e*trade. plan your never tiring retiring retired tires retirement [bassist] two late nights in blew an amp.but good nights. sure,music's why we do this,but it's still our business. we spend days booking gigs, then we've gotta put in the miles to get there. but it's not without its perks. like seeing our album sales go through the roof enough to finally start paying meg's little brother- i mean,our new tour manager-w

is coming from the dynamic in asia. it's the double-digit growth in asia as you can imagine. going between japan, india, on china. confident on top of the first quarter we beat a slow start because the base is very strong. bernard, when you talk about the world, you are in a prime position to give your take. there's a great deal of speculation that the world is slowing down. what are you hearing from customers, what are they saying to you? where are the negative comments coming from. you do 40% of your business in the u.s., europe, and over 20% is in asia. where of the most levels of concern coming from, if at all? first quarter we got different signals that it was an excel ration and growth. precious aboutbe 2016. i think the signal we're getting from customers come even in india and china specifically is that they are investing to conform manufacturing with innovation. it is becoming pervasive for us. are considering that despite the macro economic signals from a customer standpoint we are getting positive traction. areas -- in these three areas of the world. anna: that is a

and the encirclement policy of capturing first south asia, moving through the south asia, moving to africa and portions of it and the mediterranean and slip -- and so on. under that long-range theory. general gavin: i assume you base your question on statements made by general taylor. senator, these i find deeply disturbing. i am not sure if you read what i wrote that he had things to say. he attributes to me a holding strategy and a sensation of bombing. and withdrawal of united states ground forces which would lead to a crushing defeat, a capitulation. a retreat. the abandonment of many people. he referred to the retreat that would be disastrous. and a great defeat. i don't understand this. this to me is a technique i find so devastating. then you are asked why do you feel like this -- then you ask why do i feel like this? i don't think you read what i wrote. i don't understand why he would say things like this. >> i think that's one of the purposes here, to clarify the situation. there is a great deal of confusion. >> my time is up. general gavin: on the matters of wars of liberation, t

the attack and the later report are being investigated by radio-free asia. the washington-based station broadcasts in nine asian languages. journalists at the station have been talking to people in the region in an attempt to uncover more details about the attack. leading the investigation is this man, a uyghur who moved to the u.s. 17 years ago. he doubts the claim by authorities that those killed by the police were terrorists. >> translator: chinese officials have not mentioned that there were women and children among those killed by the police. >> he said that the paris attacks gave chinese officials a chance to justify their actions. he also believes that they're trying to put pressure on him by detaining his brothers, who are still in china. >> translator: we report what the chinese government doesn't want the world to know. authorities are trying to stop us, because we can hit them where it hurts. >> journalists inside china have also been targeted by authorities. a french magazine carried an article criticizing beijing's appeal for solidarity. its auth