Space. This news regarding the ukraine and emergency meeting of the Security Council, it is filtering through to commodity markets. We are seeing palladium surging the most since 2011. That is because russia is the biggest producer. There are supply concerns. Russia and ukraine having an impact on many Global Markets today. Russia and the United States have clash at the u. N. At the anest Security Council held emergency session. Moscows investor says the west and kiev are behind the instability, while the u. S. Says russia only has the power to create such a situation. To our u. N. Correspondent. What was the atmosphere like . The u. N. Has said that ukraine now is more combustible than beingefore, cold war ii talked about, no doubt. The backdrop of the meeting that called by russia is the camouflaged gunman killed one ukrainian servicemen and wounded five others, according to the Ukrainian Government. An hour after that, russia called for an emergency Security Council meeting. Later, the Russian Ambassador said the reason they called this meeting was to discuss the fact that the situation in southeastern ukraine could signify another major step towards escalation in the crisis of ukraine. Most of the meeting in the beginning was an exchange of barbs between the u. S. , the western council members, and russia. Towards the end, the Russian Ambassador said, it is imperative that the u. S. And western powers exert their influence and pressure over for them authorities to call off an ultimatum that the acting president issued yesterday, saying that prorussian separatists should lay down their arms, or the Ukrainian Government or authorities will have to take on a Major Military operation. The Russian Ambassador called on his u. S. Counterpart misses Samantha Power to have the u. S. Biden callent ukrainian authorities and tell them to call off the deadline, which is in a few hours time. Otherwise, things in ukraine, he said, might take an era versatile turn for the worse turn for thele worse. These comments are important. Thee is a meeting between parties on april 17. There they are supposed to discuss a political resolution to the crisis that has been dragging on for the past couple months. The Russian Ambassador to the if this deadline that is supposed to happen in a few hours time isnt called off, then the talks will definitely suffer from that. Todays meeting, i think, was a message that the Russian Ambassador wanted to send to the west of what could happen for the talks later this week if this deadline isnt canceled. Fromu mentioned the line the Russian Ambassador, things may take a turn for the worse. The Ukrainian Ambassador talked about the fact that they made a final warning cry for russia to leave. How close are they getting or is the talk about a second cold war . I think all parties are trying to avoid escalation. That is what is repeatedly being said at the Security Council. Time, i think the involved parties are really struggling to find a diplomatic resolution to this. I think the violence that has taken place in southeastern , it has kind of provided a crunch time for all parties involved. I think these next couple of hours are going to be a Crucial Point for us to watch. U. S. Government is discussing how to react after the Security Council meeting, how they want to proceed so as not to endanger the talks scheduled for april 17. I think we need to wait the next couple of hours to see how things develop. Thank you very much indeed for your time. More job cuts being planned at citigroup after laying off 1000 people in its mortgage business. Citi is now said to be thinking about doing the same to its markets desk. Mia saini has more on this. What are we hearing . This continues the theme that we saw in the last quarter of last year, which is they are going to cut costs, and number two, they are going to manage their expenses prudently. People familiar with the matter are saying that anywhere between 200300 jobs are on the chopping their specifically in Global Markets unit. That is the unit thats in charge of handling trades for both fixed income and the equity sides. Translates into about 2 of their workforce. While the company is cutting, a spokeswoman did say, at the same time, we are adding some talent strategically. They are reporting earnings tomorrow. What can we expect from them . Are they going to confirm it . Many are saying, expect some confirmation on how they are going to tackle this costcutting initiatives. That has been consistent with their other earnings calls. Expect to hear something along the lines of how they are going maintain and manage their expenses, and of course, headcount is one of the most expensive line items on any companys balance sheet. That goes for financial companies, has altered the cfo telling investors last month that trading revenue may drop by the midteens, in terms of the percentage. Hold up aexpected to little bit better compared to fixed income, although that has been automatic with most of the financials. Off, the stock, 12 , 12. 4 yeartodate. Mia saini, thanks. I weather top headlines today, the owner of the worlds biggest futures market is being sued in chicago. The plaintiffs claim the cf the cme group sold information to highfrequency traders ahead of other investors. Cme says the accusations are without merit and it only offers one the data stream that all investors receive at the same time. China is strengthening its grip on the market of copper. A group is buying a copper mine in peru. Lencorexstrata is getting 5. 5 8 5. 85 billion. China is the biggest buyer of copper, accounting for about half of global demand. Sony may recall thousands of vaoi laptops due to overheating of some batteries supplied by panasonic. The potential recall comes as the ceo looks to revive the company through restructuring and job cuts. Sony shares, as you can see, are slightly higher in the tokyo trade. We are seeing some fluctuations in the market, but mostly, it is a down day. Lets head back to the markets with is that the. Thats right. It comes after the s p 500 fell to the twomonth low on friday. Shares on the nasdaq leading declines among the tech sector. Lets take a look at how it is filtering into asia. A modest upside for jakarta, singapore, vietnam, and south korea. Elsewhere, we are lower. To lunch. Ares to go this is what we have in tokyo. Suzuki and toyota has been big movers to the upside. Watch the automaker space today. Retailers, the most heavily weighted stocks on the nikkei 225, leading declines. Sharp, lower by 8 in the tokyo session. Here is what you want to watch out for in hong kong as trade continues. As we continue to assess the impact of this crossborder agreement to boost trade between hong kong and shanghai, that major deal announced last week, ingg kong exchanges continu to advance. China merchants bank, among those in the financial space advancing good galaxy entertainment, down, however, bnp paribas out with a report saying, some gaming stocks will likely be the biggest beneficiaries of this liberalization of crossborder flows between hong kong and shanghai. It doesnt look like it today, but that is just one day. True enough. Its also a day where we are focused on the euro. We have comments from the head of the European Central bank. Have that had any impact on sentiment today . Lets take a look at what the euro is doing right now. The euro is modestly lower, a quarter of 1 . Mario draghi, speaking in washington friday at the imf therday, rather saying European Central bank would likely need to come in with additional monetary stimulus, and it could be in an unconventional form to deal with the appreciation. Last week, we saw again for the euro. It appreciated 16 versus the dollar over the past year. If you look at the weekly basis, the strongest weekly advance for the single currency since september, prompting the ecb into further action. Coming up, swinging into action and taking a golf course downtown. Later, we will be visiting an indoor club in the heart of manhattan. Also coming up, our next guest expects to see a significant slowdown when china releases its latest growth figures in just two days time. Asia edge is back after this short break. Stay with us. Welcome back. Chinas growth may slow to this lowest level in five years with 7. 3 . Pected to come in at we have been focusing on the slowdown with our guests all morning. One says beijing will act quickly to boost investor sentiment. Clearly, there is a big china risk. Taking,rnment has been i think, relatively quick thatns, at least stabilized market sentiment, and i do look for continued recovery download. Expectingdle is growth slower than the median estimate and says that the central bank may ultimately boost stimulus. 7. 2 is what we are looking for on wednesday. What we think is likely to follow from that, assuming that retail sales and ip are on the soft side, what next round of stimulus might we be looking for . With the Holiday Weekend coming up in the north atlantic, an ideal time for maybe a change in the rrr on friday from the pboc. Keep your eyes alert for Something Like that. Rbss greg gibbs says chinas property sector is weighing on growth and poses huge risks to the overall economy. China is probably the number one of global risk factor, and certainly, its economy appears to be slowing. The property sector, and we get data on that later this week, it does look to be peaking, which is an important factor. As we know, Property Market speaking, it was a big factor in the downtown and the u. S. Economy in 20062 thousand seven, leading to the Global Financial crisis, and it could put significant strain on the Financial System in china. For me, this remains a big issue. Lets get more on the markets with me and angie. Cio for asiapacific after the meetings of the world bank and imf, howd you digest, interpret what has been said . In initial terms, remarked markets remain dominated by the geopolitical developments in ukraine and now with the u. N. , the emergency meeting. How are the major arteries going to take parties going to take action . Over the weekend, further policy statements from central bankers, which continue to point to growth. The big picture regarding the strength of the global cyclical recovery would be the more important fundamental driver to move equity markets. Think, with the latest fomc minutes showing that the federal policymakers remain concerned that growth, this means Interest Rate tightening would be more farfetched. We do not expect Interest Rate hikes until the second half of 2015. Now with mr. Draghi highlighting the need of policy action in order to fight against lation, flat, as well this implies that the global monetary policies still remain growth supportive. With current tactical correction it also brings, a valuation of equity markets back to a more attractive level. To his point, how much of that is completely offset and russiaant when you have and the u. S. Facing off, and china weighing in, saying it is deeply concerned russia blaming the u. S. For the latest military engagement, the u. S. Blaming russia . This is largely political positioning. The posture put forward by the to raiseties is trying the political stance in order to deescalation. I think the geopolitical uncertainties remain a major risk factor which still bother investors. At the moment, we still stick to a neutral stance on equities. Is it going to take some time, or is it going to be immediate . Is there a contingency plan when it comes to investor strategy if something goes pearshaped in europe . We hedge the Geopolitical Uncertainty by sticking to a neutral position on equities. We still believe that all the major parties have very low political incentive to take any military action. The rio escalation of geopolitical risk would work in the negative interest of all parties, and with the latest rhetoric from russia, still highlighting their intention to seek deescalation of the crisis andetween russia, the eu, with washingtons stand, it is clearly pointing to the reluctance to get military involvement in the ukraine crisis. We will see. Lets leave it right there. There is a lot more to talk about, not only geopolitical issues, but the big gdp figure coming out of china. Stick around for a little later. Coming up, weve got a lot more. A look at executive pay in the u. S. We will be finding out who is king of the hill after this short break. Great year for Media Companies, especially their ceos, as pay surged. We will be looking at some of the highest paid media executives. 2013 proved to be yet another year where Media Companies continued to lavish their ceos very top compensation packages. That is not just salaries but bonuses and Stock Options. Earning almostes 70 million. That is part of a pay package that will hit close to 200 million over the next three years. We are talking a salary of 3. 5 million, a bonus of 28 point 5 million, and Stock Options coming up making up the rest. Ing up next, Philip Dumond philippe duaman. Frozen has done very well. It debuted last year, continues to be in the box office. I know my sister has been harping on me to watch it. That has been a real moneymaker. When you have moneymakers like these blockbuster movies, that translates into compensation. If you take a look on what les moonves made, cbs has been doing really well. It is the mostwatched tv network in the United States. Revenue, asing at a well as higher subscriber fees from both satellite as well as cable customers. That helped cvs cbs do well. The man topping the list, a certain yachtsman. Larry ellison topping the list at 78. 4 million. That is an increase in terms of total compensation close to 9 compared to 2012. You know what . He needs to get paid. He has a very expensive hobby. The americas cup is not cheap. So, he needs that cash. 78. 4 million, thats a lot of dough. One of the greatest comebacks in sports history, ben ainsley, british, of course. Checking some other stories making headlines around the world, the search for the missing malaysian airliner has become even more difficult with the grudging acceptance that the black box batteries have probably run out of power. An International Fleet of planes and ships continues to scour the ocean, but nothing has been heard since last tuesday. Detected and then were deemed consistent with a black box, but searchers were unable to make an accurate fix on the seabed. The area has been narrowed down, but it is still roughly the size of los angeles. It sounds as though the battery life has come to an end. Today 36. In it is not likely it is going to last much more. The fact that we havent heard anything for 23 days indicates that possibly it has passed its life. Water supplies to more than 2 Million People in northwestern china has been contaminated by two separate accidents at a chemical plant. Investigators say that oil leaked from a pipeline fouled the water source. Tests showed benzene levels are 20 times higher than approved safety levels. Markets trading across asia today. A bit of a turnaround by the treasurer mr. Hockey about how australians need to work harder and longer. A bit of an impact. Markets are slightly off. Commodity stocks are seeing a decline. Of a balmyrea, a bit day. We have the markets theyre marginally lower, not dramatic, after the nasdaq fell below 4000 last week. In hong kong, after the deal with shanghai, a slight gain. Next up, japan reopening after the break. Carson block is feeling vindicated with the tumble for one of the short sellers targets. Not so lucky after all. Australians are told they will have to work harder for longer. The master of the masters. We take a look at one way to improve your swing in the big city. First, lets get the latest on the markets. Zeb eckert is standing by. Stocks across the asiapacific today following a wall street move on friday where we saw the s p 500 falling to a twomonth low. The euro in focus today as the European Central bank chief mario draghi over the weekend talked about possible monetary euross to deal with the appreciation. It is filtering through. We do have the tensions in the ukraine in the background as the un Security Council holds those emergency meetings. This is what we have this monday. Shares are inventing in hong kong could we have seen the index swing between gains and losses. Those stocks leading on the upside, lifting us out of negative territory. Developers now, new world up 1. 8 . Hong kong exchanges and clearing, it operates the Main Financial market here, the Hong Kong Stock Exchange and the hang seng index, which last week got a boost by the announcement of additional crossborder Investment Opportunities for shanghai and hong kong investors. Is among the big movers did inside. We are tracking crude oil prices. For 3 today. We have seen oil active. Oil producers countering a decline today by shippers. That is having an impact in the tokyo market. And ukraineussia tensions playing out in Precious Metals space. In particular, palladium is rising, surging, as russia is the biggest producer of palladium. There are concerns of a possible supply shortage. Also, japan returning from the lunch break. How our markets in tokyo trading as the afternoon session begins . We are seeing a modest gain in tokyos nikkei 225. It looks like this