myanmar has begun the process of electing a president, but it won't the aung san suu kyi. lawmakers will vote in the next few days, the winner becoming president, and the other deputy. she has nominated a close ally for the role. she is barred from the post. an attempt to change it has failed. 2, man 0. a second victory over human in alpha go. lee said the first victory surprised him, but the second left in speechless. he must now win all three remaining games to claim the million dollar prize. painting ended up more than a $1 million after experts it had been painted for rembrandt. another expert had the same idea, and he had to pay 2000 times its presale estimate. art experts in the painting dates to 1625, and maybe the first rembrandt ever produced. powered by over 2400 journalists and 150 bureaus around the world, this is bloomberg news. right, some other stories tracking for you today. american volkswagen dealers have accused the company of mismanagement, putting it at heightened risk. theng led the w through vw through-- led the so-called defeat devices. they face fi

a changing of the guard in myanmar, the parliament has elected a close aide to aung san suu kyi to be the next president. aung san suu kyi is the democracy activists whose party swept to elections in the decades of military rule. the metro system shuts down for 24 hours according to nbc news, metro officials need to inspect as many as 1200 pieces of equipment in washington dc. yesterday a cable problem caused delays on the system. global news 24 hours a day powered by our 2400 journalists and more than 150 news bureaus around the world. i am mark crumpton. u.s. markets close lower before the federal reserve announcement. let's look ahead to asian markets. paul allen is in sydney. good morning. >> good morning. come will be no surprise expecting declines today on the x, the nikkei, and looking closely to new zealand. will behe big stories the closing of the national people's congress in china, ending with a press conference , lookingpremier closely for any comment around the state of the economy, policy objectives for the year ahead. when the national people's congress open, there were

noteworthy to see if aung san suu kyi is among them. pboc governor due to give a news conference on the sidelines of the npc. trigger ats helped to raging bull market, surging 53% and the subsequent three months. that is it for "trending business". is next.e" ♪ rishaad: if it's asia edge. ♪ asia edge. stories, and is having its best week, and are reasons this rally has legs. the imminent foxconn takeover, and china announces targets for 2016 growth expected to be the biggest in the quarter of a century co. >> coming up at this hour, positive on negative, the first central bank says below zero rate are working -- rates are working. certainty -- of they have been warned of certainty if it goes any lower. worries about whether the national finances can take the life in thenew diamond business. we are the hong kong international jewish show at this mondays edition of asia edge. stocks in asia are swinging between gains and losses. investors have a few things to rally around, a better u.s. employment scene, and every thing that is happen

aung san suu kyi has taken on a string of ministries in the new government, including a prime ministerial role. she will lead energy and education policy. her longtime ally has been sworn in as president. myanmar's first civilian leader in more than five decades. the national league for democracy won a landslide victory in november, that it has been vague about its policies. itsh korea has repeated demand that seoul, korea and washington cancel their annual work games. the foreign ministry says the exercises were driving things to what it described as the brink of war and announced "the nuclear threat from the u.s.." almost 17,000 troops are involved in this years of drills, the biggest ever. north korea says they are preparing for an invasion. european courts have upheld the decision not to charge the london police who shot and killed an innocent brazilian man more than 10 years ago. he was shot seven times on an 2005,round train in july two weeks earlier suicide bombers have killed 52 people on the city's transport system, and police say they mistakenly thought he was one of the failed

is unlikely tont be aung san suu kyi, constitutionally barred from the post as her two sons are british and negotiations have come to nothing. be "above theill president." lula da silva has been charged with corruption, related to money laundering and hiding assets. he has repeatedly denied wrongdoing, stating investigators are targeting all editions and executives in a graft inquiry known as carwash. powered by over 2400 journalists and 150 bureaus around the world, this is bloomberg news. well, a bit of a rebound for equities despite losses when it comes to japanese utilities, the first gain over all for the regional benchmark, but where is the real value in this part of the world? out. find tim is chief asia pacific strategist at goldman sachs. let's start with the latest news. number,this ppi -- cpi was there anything surprising to you. the cpi number was a surprise relative to expectations, but it though the driver for that was food prices, mostly volatile, not sure we should read too much into that. the ppi number was negative, but less so, so the market is keying off the inflecti

it will be interesting to see if aung san suu kyi is among them. on friday, pboc governor is due to give a news conference on the sidelines of the meeting. his comments last year helped to trigger a raging bull market, sending the shanghai composite soaring 53% in three months. how much should we invest in the statements from china over the weekend? let's ask that chief market strategist live from sydney. great to see you. there really wasn't anything new that we saw out of china's work report, but it remains generally stable, one further bond and stock market reforms, but aussie dollar the under pressure this morning. >> the overall performance so far in the markets we do have open is positive to risk, so it looks like there is some willingness to place some trust in the statements from policymakers over the weekend. in particular, support and commodity markets with rises in thisrices as they open morning, and further support for industrial metal, as well as a rise in share market, but the open suggest there could be some faith put in the statemen

he is a close ally of aung san suu kyi. she says she will lead the entire government. donald trump is strongly defending his campaign manager, who has been charged with battery in an incident involving a reporter. police in florida say he yanked the arm of a female reporter as he -- as she tried to question trump. he has no plans to fire him. global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus around the world, i am vonnie quinn. datawe get through the check quickly. we have to review where we are versus 12:00 noon yesterday. dollar weaker, euro stronger, yen stronger. crude churns off dollar dynamics. the vix is critical. there is the strong yen. the german two-year still shows the lethargy, maybe the despond and see, of europe. -- maybe the despond and see of europe. gains from 4.6%. we are seeing gains on the energy producers as oil is gaining, at 38.58. tom: i want to get to ambassador haass. this is dollar-renminbi. over we go, almost back to the recent center tendency as we see a stronger yuan. francine? francine: we need to look

suu kyi was named the foreign minister and will lead the in -- will lead the entire government. tom, the morning must-read. china. tom: a lot of choices today. equities running up a storm. this one from professor roche at yale university. crisis economic identity , notwithstanding the unfinished business of consumer led rebalancing. china appears to be embracing yet another shift in its core economic strategy. arehina, internal debates carefully subscript appeared nothing happens by accident. something has happened in the last 48 hours. how interview to interview, off-camera and on camera, all center back to china. it is clear that she is concerned about china, as well as oil. she sent a clear message. what struck me about this, why expect a shift to the consumer-based economy? if you really read carefully what they are saying, they say we have to start doing things from the top down. tom: a command and control issue there. i would suggest an overarching macro theoretical debate that of scares the debt debate that is really going on within financial systems. jon: another debate