now, come to tokyo and you're surrounded by so many iconic sights and sounds.ckshaw! in other cities around the world, tourist rickshaws are sometimes seen as an unregulated menace. but here in asakusa in tokyo, the hand—pulled carts are a much—loved symbol of the city. they're so iconic, in fact, there's a boyband dedicated to the rickshaw! plus, there's another group of drivers who have become social—media stars as they document their rickshaw journey around the world. at the moment they're in cambodia. hello, bbc travel! their aim is to introduce people to japanese culture before the tokyo olympic games in 2020. see you guys soon! you can follow the team's epic journey on social media, but if you want to try a hand—pulled rickshaw for yourself, there's no better place than asakusa in tokyo. hi! i've come down to meet one of the city's few female rickshaw drivers. so how did you get into this career? i liked the marathon! i went to the hong kong marathon, vancouver marathon, many races, and one day i saw the rickshaw in asakusa and oh, i thought, "this is myj

i hit the road in tokyo, taking tourists for a ride. they look a bit shell—shocked!lobal gadgets gives you the lowdown on how to take a selfie from up in the sky! hello and welcome to the travel show, coming to you this week from tokyo in japan, with me carmen roberts. a little later on in the show, i'll be trying my hand at pulling one of the iconic rickshaws that weaves its way through the streets here. but first... we're in medellin, in the north west of colombia. two decades ago it was one of the most dangerous cities in the world, as the notorious drug lord pablo escobar waged war against the government. now, the city has been transformed, but for many tourists who come here, the fascination with escobar endures. we travelled to his hometown to find out how tours about his life are dividing public opinion there. people are still scared, and still are scared to come to colombia, especially medellin. for a long time it was the most violent city in the world. we're here at la catedral, pablo‘s prison slash five star resort! la catedral was a jail that escobar built

shinzo abe outlined his goal in a video address delivered at a gathering in tokyo.king back on the 1964 tokyo olympics, he said those games gave japan the confidence to achieve rapid growth and become a developed nation. he said 2020 is also significant one for the people of japan because tokyo will once again host the summer games. the prime minister add h

voiceover: tokyo isa flash photography.kyo is a fascinating technological city and it has been suggested that the next summer olympics could be the most they tackle a futuristic games of all time, certainly a city with ambition. although there is still work to be done on several of the venues, they are progressing well. every games, no matter how well prepared, like london 2012, or ill—prepared, rio 2016, faces challenges, the best way to overcome problems is by arriving early and thatis problems is by arriving early and that is why a olympics winning champion adam peaty and team—mates are here now. they have had the chance to live the city lifestyle for a few days but crucially have also been racing here for the first time in tokyo. there's also been impressive, with adam peaty winning gold in hundred metres and 50 metres brest road events. i have learned so much more coming here, experiencing what it will be like, and i have been getting plates and plays a brea kfast been getting plates and plays a breakfast because it is

this is ginza sushi ko in tokyo.r, is how the day started. scaling and gutting the fish. prepping the kitchen. >> masa: cleaning bathroom, making sake for customers. >> anthony: right. >> masa: dishwasher. everything. >> anthony: for how long? >> masa: first two years. >> anthony: only in the third year, the rice. >> masa: [ speaking japanese ] >> anthony: and if you get that right, eventually, maybe, just maybe, the master will begin to teach you the next phase, how to stand next to him as a wakita, slicing the fish, eventually, eventually, creating pieces of nigiri for guests at the bar. of the dozen young men who work here, not all will make it to become a sushi shokunin. >> masa: oh, it's been a long time. >> anthony: to achieve that status of truly becoming a master chef. how many years? seven years to learn, right? >> masa: yeah. >> anthony: that's a lot of time. >> masa: a lot of time. >> anthony: a lot of work. a lot of pain. what was it like apprenticing here? hard? >> masa: his father was very tough. >> ant

people in tokyo are like, what? osaka?n in o >> he's not ruling out tokyo.okyo if that swear the chips land, so to speak, but if he had to choose between the two bank, he says he prefers the region and osaka. tokyo like new york and london, global center, everybody will be going to that city regardless of whether or not it has a casino. it is not the place you go as a destination to get away from it all, so to speak. >> competing with more eyeballs. the sense that he compared macau to hong kong. hong kong does not have casinos, maccallum does so. macau is like the second city comes so he thinks osaka is more like that place you go after going to visit a big destination. >> bruce, is it going to be a different story. we know melco has done well and the philippines, some of that owing to how many chinese have gone to the philippines to gamble because of the restrictions in macau. how is that story going to be different for milk in japan -- melco in japan? know how manyn't cities are companies will be getting licenses. the whole procedure has yet to be explaine

frequently those on assignment in the far east have the ability to visit tokyo, an exciting place forhopping and sightseeing. a woman in the army nor score -- discovers she is seen as a woman first, then a member of her profession. her life is not regimented. she is expected to grow as a person. thecan be enthusiastic and world about her. she is given time to develop interest, enjoy stimulating activity and companionship. shots recreation allows her to return to her work refreshed and ready. in japan and wherever she is stationed, many activities are made available. she is encouraged to have a good time in her off-hours. the army nurse is a well-rounded person, understanding and interested in people, as well as young at heart, fun-loving, and gay. a great many nurses are assigned army hospitals. our largest hospital in the far east. it bustles with medical experts to carry out the mission of the hospital. assigned by commanding first officer carl kirkpatrick. >> although the shooting has stopped in korea, illness, disease, and injury is a constant challenge to doctors, nurses, and enl

enlisted personnel in the tokyo army hospital.s are american and other united nations fighting men are of , paramount importance. our job at this hospital is to keep these forces in good health. to this end, we dedicate all the skill and resources of modern medicine and soldiery. >> think of the largest hospital you know, and you will begin to appreciate the size of the army hospital in tokyo. there are hardly enough american nurses to do all the work. and for this reason, it is the practice of this hospital, as it is elsewhere in the world to , employ foreign nationals to help us out. the young japanese women who work with us are pleasant and gentle and most efficient. they seem to be born nurses. what is a born nurse? can you tell by the way she moves? by the way she uses her hands to prepare the sterilized hypodermic needle, and by the way she uses it to administer an injection? can you see it in the way she dresses a wound? the way she places the gauze over the exposed flesh? the answer is yes. all the little things help show

our correspondent rupert wingfield—hayes is in tokyo.hat more can you tell us about the figures? good morning, rachel. it is a fall for toyota as expectedment more than expected, but it's still, you know, if profits of $16 billion are bad then it is a problem that a lot of companies would like to have, but that's a fall to 1.83 trillion yen and there is expectation that it will fall again this financial year to 1.6 trillion yen. so it looks like toyota's overall sales or overall profits rather are on a decline, but it is actually on sales that are still going up. so sales last year we re still going up. so sales last year were 10.25 million vehicles which is actually up from 10.91 million vehicles the previous yearment the reason for the fall in profits is the strengthening of the japanese yen because most of toyota's cars are produced outside japan, yen because most of toyota's cars are produced outsidejapan, in united states, europe and china and when the profits are converted into yen the strengthening of the yen is hurting them. also

tokyo by itself is amazing.hen people ask if new york or london needs an integrated resort, ia am like, no. the place where you do build them, places like las vegas, macau, places where you go to have fun. mark: others competing for japanese gambling lysis -- licenses include las vegas sands and others. mario draghi speaking in brussels. some of the headlines include that the central bank has no plans to change qe bond by limits -- bond buy limits. ♪ mark: this is bloomberg markets. mario draghi defending central-bank's decision to continue monetary support in the face of pressure to begin withdrawing stimulus. here is what he said earlier in his prepared marks. >> overall, we remain extraordinarily convinced that an amount of monetary support, including our former guidance, is still necessary for the present level of underutilized resources to be reabsorbed and dor inflation to return to an -- to around 2% within a meaningful medium-term horizon. mark: draghi is taking questions. >> including the enhanced super

now, come to tokyo and you're surrounded by so many iconic sights and sounds.lled carts are a much loved symbol of the city. hi! i've come down to meet one of the city's few female rickshaw drivers. so how did you get into this career? i liked the marathon! i went to the hong kong marathon, vancouver marathon, many races, and one day i saw the rickshaw in asakusa and oh, i thought this is myjob! it felt like destiny! wow, 0k. yeah! the rickshaw, orjinrikisha as they're called here, was invented in tokyo in the 19th century. her boss told me how things have changed since then. translation: the rickshaw used to be like a taxi a long time ago but now it's more for entertainment. a good rickshaw driver needs to quickly feel what the customer wants to do. some people want to be entertained, some want to see the scenery, some want to listen to the guide. it depends on the customer. 0k, first we have to look the part. you've got me a uniform? yeah, this is our uniform. 0k. here we go. and to complete the look i'm wearing those traditional split toe shoes. it's more co

north asia economy editor from tokyo. japan,head, staying with we will talk more about efforts to help entrepreneurs breakthrough.our guest is ceo.ormer sony later, the details on the reaction to fines against credit suisse and you kobe. lenders have been caught up in the 1mdb pro in singapore. -- probe in singapore. this is bloomberg. ♪ haidi: this is "bloomberg markets: asia." i'm haidi lun in sydney. a quick check of the latest business flash headlines. chinese developers extending asia's against rally this year with china ever grand surging to a record in hong kong. it is the world's most indebted developer, but closed 23% higher this year. this despite j.p. morgan saying there business is not sustainable. the china and i is at the highest level since july 2015. competition and $7 billion of debt are catching up with reliance communications.the stock fell to a netrd low on the back of a loss on the signs it is failing to meet obligations. it is in talks to sell business. mitsubishi is cranking up drives to boost forei

i am kathleen hays here in tokyo.berg. ♪ ♪ welcome back, this is bloomberg television live in tokyo this week with jacob frenkel, that chair of j.p. morgan chase international. he is on a board of trustees of about 30, and former head of the central bank of israel. we want to get to china. you travel here frequently. your firm does business here. belt, one road, the summit coming up in the next few days, we have focusing on it. let's start by putting china in context. many say china wants to increase its power. in the chinese economy context for us. it is different than it even five years ago. is the greatest change that has happened over the past 20 years. in 1990, china produced 4% of the world's gdp. today, they produce 20%. it has become the major player. in the trade area, there is no country in the world for which china is not either the largest or second-largest trading partner. china is deeply integrated in the trading area. states, the year 2000, only 5% of u.s. exports went to china. today, close to a quarte

inhine orders are released tokyo later this hour. we are keeping our eyes across on the latest from the white house as it denies reports alleging meddling by the president in the russia investigation. this is daybreak asia coming to you live. it is just after 7:00 p.m.. betty, where do i start? the perfect storm in d.c.. new reports surfacing. on the heels of what we could have seen, the disclosure of sensitive information. how can you deny that? we are seeing that reaction with the dollar plunging. you're absolutely right. a lot of questions here. the market seems to be shrugging off the chaos in the white house. it had a bigger effect on the markets in the lower dollar. housing numbers this morning, in below estimates. that has people worried. maybe this economic recovery and this momentum might the losing steam. lots of people focused on the economic numbers to come in the u.s.. is pretty confusing. we did get production out gaining the most in three years. then we had housing stocks. it is sort of all over the place. that with di

tokyo time.eactors from toshiba's bankrupt westinghouse unit. work at the power plant in georgia could start as early as next month. the atlanta-based utilities of the process of working out a new service agreement. andinghouse's bankruptcy march put the fate of four nuclear reactors in doubt, the other two are in south carolina. united nations security council is to discuss north korea's latest missile launch, which is seen as a direct challenge to south korea's new leader. the rocket landed in the cf of japan having reached an unusually high altitude. it is not want to have been capable of hitting the u.s. west coast. president trump and south korean president moon said they would meet kim jong-un under the right circumstances. experts say the weekends unprecedented global cyber attack will continue claiming victims even as system start returning to normal. the malware uses a technique stolen from the u.s. national security agency. it affected the british national health service, russia's minis

he's a graduate of tokyo university. nd sitting all the over on nagishama.is he had an interesting two weeks. two weeks ago he was a member of the democratic party of japan. now he's part of the party of japan. not the real title but he's moved independent which we might ask him about. he is deeply knowledgeable about security strategy having tud eat at -- with me and he served last in government as the special advisor and national security advisor to prime minister noda and served before that as state demin minister for defense. -- state minister for defense. so each of our guests will give a brief five to 10-minute opening statement. i think miniter nakatani will speak about his job as defense minister and where we are on defense guidelines, collective self-defense and other national security reforms. omo is leading within the l.d.p. a task force on missile defense. and both gentlemen will talk about north korea. what we do as allies to deal with it. and a grand strategy view of how japan is facing the array of challen

analystsave of governor kuroda's comments in tokyo.er: from our studios in new york city, this is "charlie rose." charlie: we begin this evening with a look at president trump's first trip abroad as president. he landed in israel this morning after two days in saudi arabia. this comes after the report last week that trump had revealed classified information to russian officials that israeli intelligence provided to the united states. trump appeared alongside trump appeared alongside benjamin netanyahu today, and responded to the allegation. president trump: i never mentioned the word or the name israel. never mentioned it during that conversation. you had another story wrong. never mentioned

here is garrett allen in tokyo.third annual drop in profit expected, combined drop in profits. is this all because of the negative interest rates or is there something more to it? >> the banks would like you to believe it is about negative interest rates. it has made it difficult for them to turn a profit. margins have been well squeeze. analysts are saying this time around perhaps it is getting to the end of the squeeze and we might be looking at them easing back. the three banks reporting after the close of markets today, and admit expecting they will their annual forecasts are rather conservative and they will forecast next year for slightly lower targets. said, mitsubishi , it would had to have been an abysmal quarter for them not to have had. it will be interesting to see how they benefit. when might this bottom out? is that eight this year story? or is that next year or a year after story? not a lot ofe's room left to go further. there's not much further they can really fault. thank you so much for joining us.

is a hopeful for tokyo 2020.how is it judged? is great. as an olympic discipline, how is itjudged? is that fosters to the top? how will it work at the olympics? at the olympics there are three disciplines which made it in. the short, up to about five metres, where it is quite gymnastic, quite powerful. speed climbing is, as it sounds, the fastest to the top. and lead climbing, which is whether you can get to the top, or who can get the highest on the route. thank you very much indeed. it is quite a feeling being out there. and normal people are giving it a go, as i am this morning. a00 climbing walls across the uk, and this one is the highest, 36 metres high, higher than the tower of london. you in the climbing gold medal, times ten! i know lots of people were wondering whether he got to the top. keep going, we will keep watching. and we will get some news, travel and weather where you are. good morning, i'm asad ahmad. video footage has been released by police of a group of moped riders who mounted a pavement in

when it comes to the open in tokyo we are looking at earnings in tokyo and sydney, anz kicking off forour banks. out of seoul, we will see if they take to heart improving earnings this year. they doubled in april, helping boost exports for a six-month. here is the set up in asia when it comes to equity futures. we are seeing japanese stocks set for a higher open here. tracking the s&p 500 and nasdaq higher. south korean shares marginally weaker the open. we will gauge the latest reaction to that data. -- sevenn equities days of events. we will watch when trading is yvonne: earnings are the key driver as asia returns. -- betty:tocks that president trump says her to break up the banks. yvonne: australia banks earnings slightly missed estimates. betty: steve mnuchin divining -- but u.s.lans, securities always come first. yvonne: we're coming to you live headquartersomberg . betty: i'm betty liu. markets move past the headlines with seen in the u.s. we're getting comments from the last doj meeting. we are looking towards the rba rate decision. no change at all expected and rates, but certa

japan and north korea's closest ally china discuss the launch of talks in tokyo.he state chancellor beginning a three-day visit, saying tensions can only be resolved through negotiations. the japanese foreign minister said the arrival was timely and stressed the importance of their talks as north korean provocations reach a new level. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. i am rosalind chin. rishaad: nice one. one new feature is our interactive tv function. bloomberggo> on the terminal to watch us live and see previous interviews and dive into any of the securities and bloomberg functions we mentioned. you can become part of the conversation by sending us instant messages during the show. this is for bloomberg subscribers. do check it out, tv . haidi: great function. still to calm, live in beijing to the morgan stanley china exportso find out why from china could see the best year since 2012. , ahaad: just coming up german plastics maker for its plan as asian demand surges a

living in tokyo. a syrian translator.es into care homes. a feeling of duty towards the old, as well as cultural barriers, put them off. but now, more asians are using a new kind of care home that promises a different sort of experience. bbc asian network's rahuljoglekar has paid them a visit. celebrating a hindu festival in style. you cannot escape growing old, but you can enjoy it, mostly if you are in the company of friends and family and an asian carer. these days, families are very busy. they have there own family and children to ta ke have there own family and children to take care of. they don't have time to take care of their elderly. this route has so much under it. but find does not come cheap. £900 a week at least to be that is more than $4000 a month. —— to be the owner defended the pricetag. we have put many ideas into the care home with good food and have a homely environment. they are being built in a hospitality style, like hotel. for many migrants who came to the uk during the post will boom years from ind

joining us from tokyo.nd her husband philip have appeared on the bbc‘s the one show as part of the general election campaign. it's the first time that they've been interviewed together. sophie long was watching. make yourself comfortable. it was theirfirstjoint television interview. this is how theresa may decided to show voters what makes her tick. she says she believes the public should have the chance to see who they're voting for — not in a prime ministerial debate, but on the one show sofa with her husband by her side. i try to give her as much support as i can, very important. it is a toughjob, tough decisions. a lot of things you have to work hard at as pm. i'm there to give her as much support as i can. it is a two way street. but traditional, nonetheless. i get to decide when i take the bins out, not if i... boyjobs and girljobs. there were no difficult political questions. it's fair to say we didn't learn much. it was a rare opportunity to hear from him at this event together. i was taught by my p

this does not help tokyo at all. give us your ta ke not help tokyo at all.s. the yen is a safe haven. whenever there is little attention the yen goes up. the dollar perhaps is more interesting. it has a very murky relationship with safe haven flows. the us treasury market, us government debt, isa treasury market, us government debt, is a prime piece of paper people wa nt is a prime piece of paper people want at times of political stress. that can support the dollar. now the dollar is under pressure because the market is disappointed the reform programme may not happen. a quick word on that. we talked about at the start of the programme, what was happening in the united states. is it general disappointment that all of the sugar high we got on the campaign trail may not turn out to be much? if we look back to where the markets were today compared with where they were, there is a big change in us equity markets. they hope the reforms that donald trump made would cut away a lot of regulation and boost growth. donald trump is so busy trying to firefight with all

there is good movement in the tokyo and seoul sessions.ed start to the trading week. haidi: i would say, for some of those yet it companies. let's get you caught up with the first word news. paul: the san francisco fed president said taggart should be approached carefully. saidwilliams is shed -- they should work towards a goldilocks policy. he added he expects three or four hikes in 2017 overall with investors seeing an 80% chance of a rise next month. >> when you are docking a vote you don't run as fast as you can towards short it hope you can reverse heart later on. -- hard later on. instead, the rule of docking a vote is never approach a dock faster than you can hit it. ,imilarly in sustainable growth the best rule is to close in on the target carefully and avoid substantially overshooting. paul: so threatening local trade health -- strengthening global trade health china. that builds on a -- helped china. national bureau of statistics said 38 of 41 industries achieved better profits in april than a year earlier thanks you stronger ove

let's get more from our correspondent in tokyo rupert wingfield—hayes. byjapan, is this a symbolic gesture, a step by mr abe away from pacifism? i think it is very much the latter. this is the first time that japan has been, under its new security law, dispatched a ship to explicitly on a mission... not a joint training mission, not an exercise, but explicitly to escort and protect foreign naval vessel. and this would not have been allowed underjapan‘s libya security law, under its pacifist constitution. it is only since the law was changed last year that this has been possible, for the first time since the second world war. and i think this comes obviously with a background of the tensions in the korean peninsula and the deployment of a large us carrier battle group to the region. japan is now exercising that new law, and prime minister abe is deliberately exercising that new law, to take pa rt exercising that new law, to take part ina exercising that new law, to take part in a military operation. so what is basically the strategy, rupert, behind sendin

in the first senior year, he broke the world top 150 and is now aiming even higher towards tokyo 2020 surfing games is the start of that. it's a big opportunity for servers all over the world and i know some guys in the top 30 who are going to france and then hopefully the olympics. now it's there i kind of want to go and do itand it's there i kind of want to go and do it and get it. the rate will not be easy. unlike big surfing nations like america or australia, the uk scene is much lest developed professionally. i've never had a coach. there are nutritionists and fitness coach and most are on 6—figure contracts. i tried to get the most i can work it out with my budget. that's why the olympic stage is so important for british stuffing. we are on the back foot but we are getting better. with it going into the olympics i think it will rise. it will take a bit more time but then, hopefully, we will get better. so if dylan can make waves come tokyo, his own success may have a ripple success for future generations, too. good luck to him. time is up for us. we are back with the next news a

he's now aiming even higher towards tokyo 2020. surfing will make its olympic debut.ers all over the world. i know some guys in the top 32 in the world are going to france to hopefully go to the olympics to get this olympic medal. now it's there, i want to do it and get it. the route to japan will not be an easy ride. unlike big surfing nations, such as america or australia, the uk pro scene is much less developed. i don't have a surf coach as such. i never have. the other guys have surf coaches, fitness planners, nutritionists. most of them are on six—figure contracts. ijust save all the money i can and try to work it out with the budget i've got. and that's why the olympic stage is so important for british surfing. we're definitely on the back foot. but we're getting better, the last few years. especially with it going to the olympics, i think it will rise. it's going to take a little bit more time. then hopefully we'll get up there soon. so if dillon can make waves come tokyo, his own success may have a ripple effect for future generations too. that's all from spor

bound flight slug it out before takeoff from tokyo...'s just the latest bad behavior caught on video aboard >>> two passengers aboard an l.a.-bound flight slug it out before take off from tokyo. randy paige talked to a terrifying incident who said this incident started with a threat. >> reporter: passengers say the man in the red shirt instigated the fight. after throwing a few punches, the two were separated, 30 seconds later he was back. [ yelling and cursing ] >> it was absolutely frightening. >> reporter: the woman on the left whose name is kumi was traveling had her mother and 1- year-old son -- traveling with her mother and one-year-old son a few feet away. we spoke to her by telephone from her home in orange county. >> it was frightening not only because of the situation but because i have my son with me. and i, you know, obviously felt the need to protect him and that was probably the scariest part. >> reporter: here's a closer look. kumi says moments before the fight, the man in the red shirt was ranting about a government consp

the broader region, the tumble continuing in tokyo and sydney. we did get that surprisedi willy segment shortly. upside when it came to the jobless data out of australia, a pop in the aussie dollar, but the asx falling over 1%. japanese shares sliding the most in five weeks as volatility picks up, banks they are tracking the most in tokyo and the region. check it out. financials falling 1.5 percent amid concerns about the fed policy normalization path, spurred by the trump and drama. checking in on chinese property players, we do have an index of .his space falling this is following the april home price data, the sector a significant part of china's economy, and that was a surprise when it came to the april data given that we were anticipating a slowdown from the march number , fewer citiessing seeing price gains in april compared to march. j.p. morgan tsonga short-term weakness offers good buying opportunity. fromuld see some impact the halting of approval of some commercial projects. , toppinghares estimates for first-quarter earnings with that

we have reporters live in tokyo and jerusalem and riyadh. this is not your typical morning on "early start," but right now president trump on his way to israel after beginning his first foreign trip in office in saudi arabia. that stop dominated by a speech that broke sharply with his past rhetoric on islam indeed. the president called for cooperation from muslim nations, asking them to drive out terrorists and share the burden in the fight against terror. more on his speech in a moment. >> today the president shifts focus to another key mission on this week-long trip, making progress on israeli/palestinian issues. he said -- he has said he wants to make what he calls the ultimate deal for peace. he'll be meeting with israeli and palestinian leaders and he'll make a historic top at the western wall. our coverage of the president's trip begins with cnn's sara murray, live for us in jerusalem. sara, we've just received word that israel's security cabinet has approved economic and civil measures to help ease conditions in the palestinian-contro

now to japan, and with the olympic games a few years away, tokyo is keen to show the world a healthyge, but when it japanto tackling smoking, is far behind. the world relative organization puts the world in the lowest tier of global antitobacco regulations. the organizing committee wants to guarantee a smoke-free olympic game, but they and the government are facing resistance to their efforts to ban cigarettes in public spaces. chiffon silk -- we have more. >> dinner, jinks and cigarettes -- drinks and cigarettes. here, diners can still lined up at the table. it is an unhealthy image that sits badly years before tokyo welcomes the world for the 2020 olympics. the government wants to stump the smoking before the games again. -- games again. >> japan is unable to take any stance or enact any law to prevent smoking. i think it will be embarrassing. that is why we must pass this band. >> in the face of resistance, the government water down a law that would have banned cigarettes and all public places. much of the pushback came from restaurant and pub owners. they fear smokers would stay

in tokyo you see the tightness and labor markets., what is still missing is that since the bank of japan did a massive amount of new monetary e, they, qe, qqq haven't really achieve the one objective, which is an uplift in inflation. we expect inflation to be under 1% this year, maybe 1.5% next year. that is a change from the negative interest rates we've seen in the class -- past, but nowhere near the target. i see europe, asia, and the u.s. in normalizing monetary policy. the fed is ahead. i think the fed at the moment is looking at in -- implementing another rate hike next year. they are looking for reasons not to stop raising interest rates. they are more or less on interest -- autopilot. rishaad: it's rishaad in hong kong. do you think ubs is right sized right now? there's a lot to answer here in asia. i have had at least two ceos in financial institutions saying they want to be the ubs of china. what are your ambitions there? why aren't you the ubs of china as well? [laughter] >> we are the ubs of china. we are a strong bank in

sony stronger them up by .5% ahead of that lunch break in tokyo, saying the level of moviey to improveiss business has increased. it is doing well in terms of games and consumer electronics, but lacking in the film business. so mood in asia is one of much bad news and taking it in stride. haidi: surprising resilience there. thank you for that. india is forecast to be the largest car market within five years. general motors is planning to back away from its investment there. we bring in our gadfly columnist to talk about why, but were ata motors,ut to earnings due out later. what are we looking at in terms of its land rover unit. it has not been an easy period. >> thank you for that. motors will be reporting earnings, and 80% for tata is coming from gm, so investors will be keen to see the numbers. will also look at operating profit margins, critical for -- motors. last quarter they had a huge fx loss. that can strain the balance sheet of the parent company of tata motors. haidi: what are some of the other things you're looking for besides the currency impact given the company is under

going to tokyo was the true starting line of my life, she said. i bet against myself that i would win. this is the closing segment i'll read tonight, and i'm going to skip way ahead to the early and mid 2000s and tell you about yoshida, an absolute amazing -- an absolutely amazing, charming, kind and hilarious man whom i met when he was in his 70s. yoshida was a 13-year-old boy who had been blown back 130 feet into a rice paddy. his face was severely burned and disfigured. like doe, for years he remained in hiding in his house, afraid of people's stares. but he eventually needed to work and found a job in the warehouse >> he eventually needed to work and found a job in the warehouse of a grocery wholesaler. each of the five survivors whose stories i tell experienced personal moments of awareness or transformation that led them to speaking publicly about their experiences, to do everything possible that nagasaki is the last atomic bomb city in history. here is the story of yoshida's first public telling of his story and how he speaks children about

in tokyo.ake a look at the currency space. the won snapping a today drop. -- two day drop. let's take a look at the bonds here. we did see the following treasuries overnight. ultralong bonds could make sense for the u.s.. we are seeing on the notes here in thet moved commodities space we have oil trading near a one-month low. wti sticking below $49. wti continuing april's downtrend. we will show you how that is looking when it comes to the next chart here. crude last two and a half percent in april. monday it close below with 200 day moving average for the first time since late march. we are also seeing money managers retreating from been sent. net long positions for both wti and brent. registered the third biggest decline in the past year and the week ending april 25. looking into that equity space, we have yamaha leading gains on the nikkei 225 after forecasting a record profit. a cosmetics maker jumping 4.5% after its earnings outlook. 2.7% after, down earnings missed market expectations. we

angie:e: we are looking forwardo the effort in business in tokyo.is bloomberg. ♪ >> it is 11:29 in hong kong. i am paul allen with the latest first word news. police have confirmed 19 people were killed in a suspected terrorist attack at a concert in the northern english city of manchester. 50 others were wounded in the blast at the manchester arena at the end of a performance by the american singer ariana grande. anti-terror officers are meeting, the number of deaths makes it the worst incident on british soil since the bombings in 2005. opec hopes of draining the oil glut of being undermined by iraq, pumping 80,000 more barrels of oil in the first quarter than permitted by the production curbs. the restrictions are expected to be extending through to march when opec meets. iraq's noncompliance may persuade others to break the agreement as well. iron's record supply of ore has grown bigger. reserves expanded for a fourth week, rising by a total of 22 million tons this year, easily surpassing 20.9 million tons last year. the price of iron ore has st

this -- you guys went to tokyo? >> yes, we went to tokyo. brave. [ audience aws ] that's a real live snake. >> seth: where did he come across a snake in tokyo? >> they have the most amazing cafes in tokyo. they have reptile cafes, owl cafes, kitty cat cafes, bunny cafes. you go and eat food at the cafÉ, and you pet animals the whole time. >> seth: wow. >> because apparently you can't sue if you get salmonella. [ laughter ] i don't know. but yeah, he went and he was holding this snake in one hand and just eating a sandwich in the other hand. >> seth: wow. and did he have any hesitation or was he fully brave the whole time? >> so brave. the whole time. and he told me, he said, "dad, i can't believe i got to hold a poisonous snake." i was like, "you thought that was poisonous?" [ laughter ] he was so brave about it. it's amazing. you thought there was a chance it was poisonous? [ laughter ] awesome, kid. >> seth: yeah. >> yeah. i need to warn him, because there are rattlesnakes in southern california. >> seth: yeah. >> like, you just can't pick

sharp is planning to apply for a relisting on the tokyo stock exchange.ectric version of existing models. the company plans r&d this year. the ceo says that would let subaru recapitalize on its reputation for safety and eliminate the need to find a partner. presidentlected strengthened his position on sunday. the victory comes while president trump bolster ties with saudi arabia. yousef gamal el-din is in tehran for us. >> a resounding victory for the incumbent president hassan rouhani. turnout at 70%. 57% of those voted for him. for thedorsements policy of opening up to the west. congratulations have been coming from the likes of the russian president and the eu foreign-policy chief. there are some challenges ahead. the first challenge will be on the domestic front. the country's highest political authority remains the supreme leader ayatollah which my keep some of those ambitions in check . on the domestic front, in terms ofthe in pact -- impact sanctions and unlocking those with the business of the donald trump to riyadh and that aligns with saudi arab

tokyo, chicago futures pointing to a 1.7% drop in tokyo today. similar to what we have seen with the nasdaq. 20,000, the nikkei getting farther and farther away. the yen surging the most since november. sitting --l just hitting 111 now. let's go to jpmorgan for the technical levels on where the dollar can continue to fly. we have to keep it in perspective. it is the second day we have seen moves lower of -- lower than 1% in the u.s. some of these moves are not uncommon. we have seen such high levels of euphoria. we were due for that pullback and this could be a healthy correction. some are calling it. betty: some, but it depends where it ends. where is the bottom? we will continue to monitor that. let's take a look at where the markets did end up today. the dow falling 370 points. the s&p and nasdaq declining. the nasdaq down over 2.5%. let's get first word news with courtney collins. >> president putin says he is frustrated that what he called u.s. political schizophrenia over white house ties to russia is undermining efforts to reset relations.

you so much thank from tokyo for us on japan.t later.o 95 million dollars, we will look at what is expected in the next hour of daybreak. electionssouth korean , how it could affect a stock market that is one of asia's best performers this year. the most attractive in the region. this is bloomberg. ♪ betty: this is daybreak, i am betty lou in new york. yvonne: i am yvonne man in hong kong. the world's second-largest shipbuilder well trade as four separate entities after splitting off several businesses. andr move helped cut debt half and reduce equities to 95% from a 106%. the breakup will allow them to streamline operations and make it easier to grow a divisions unit and attract investors. betty: noble expects a first-quarter loss of $130 million because of coal. the singapore-listed group was once the largest trader in asia. they had falling sales. research,lled iceberg their members are anonymous. yvonne: apple's tenure rally set worth 800he iphone, billion dollars. shares continue to rise as a report slowing sales for the dev

this guy is crazy. >> two passengers duking it out before takeoff on the nippon airways flight from tokyo to lax. the airline says that man in red, pulled off the plane and arrested. >> the biggest issue was the unpredictable nature of the guy. made it dangerous. >> latest cabin clash on tape as u.s. airline executives faced a grilling on capitol hill about their own customer service. >> passengers are frustrated. >> airlines in the hot seat after this infamous video of a doctor dragged off a united plane. >> no customer, no individual should ever be treated the way mr. dao was ever. united ceo promising change. american airlines also apologizing for the way this mother was treated during a dispute over a stroller on their plane. >> we did not handle that situation as it should have been handled. >> members of congress fees to delays. >> we're kind of sick of it, consuming an cans. there will come a day when congress won't accept it anymore on behalf of the american people. >> the committee chair warning air lilines to get their act together or face tougher regulations from congress which