Garner votes . This is Bloomberg Markets asia. It is india budget day. Really facing this choice, populist measures or fiscal prudence . A lot of focus on that over the next couple of hours. All of this happening as the backdrop of china looking at the smaller, private sector. A look at how they are going and growth so far. In terms of equities, looks like the start of february is better than the end of january at least. Rishaad absolutely. The end of january did not quite materialize as many predicted. Looking at longterm rates, alan enspan suggesting we remember him for a rational exuberance. Do we have a rational exuberance . Markets, theian threeday selloff we got in the region. Robust export growth from korea adding to the risk, although gains for the cosby for the kospi. Also this morning a slew of manufacturing pmi surveys that indicated stronger across the region. That could bode well for this synchronized Global Growth. In taiwan, fourthquarter gdp, growth jumped the most in a
Live on Bloomberg Television and radio. The threat to u. S. Airports from terror groups such as al qaeda an Islamic State is expected to grow because of instability in parts of the middle east and asia. Speaking at an aviation summit in washington, former Deputy Director of the cia mike morrell says the focus on fighting Islamic State has allowed al qaeda and its offshoots to rebound in countries like yemen, pakistan, and afghanistan. Morrell says that as Islamic State loses territory in syria and iraq, tens of thousands of its fighters who poured in from other countries will leave comments and some will try to infiltrate the united states. Egypts Top Appeals Court has acquitted former president Hosni Mubarak on charges of killing protesters during the 2011 uprising that ended his nearly threedecade rain. Ministerhis interior were sentenced to life in prison in 2012. But another court overturned the verdict two years later. The 88yearold ailing former leader lives in a cairo military h