november twenty fifth and you can see that the games there in the first few minutes trading for the nikkei and the topics both well into the positive. i think is risen for two straight weeks as of last week at on friday gained one point four percent and ended at a six month highs a pretty strong overseeing the momentum continued adhere to the end of the rally was largely thanks to the stronger dollar which help to boost the heavily weighted next borders and of course the banks and brokerages also added to the nikkei staple keep track of all those sectors. today dawn here in japan also there's an increasing focus on retailers as the holiday season approaches a big focus in the us markets as well of course represent the representatives of the japanese department stores are especially up the sod and other stepping up their year end sales campaigns on sale signs read that the government's stimulus measures are going to lift consumer sentiment so retailers also be focusing on and i mean i want to ask you about currency bad things up a key economic indicator in the eurozone friday lifted the com

tokyo's nikkei added a quarter percent. hong kong's hang seng added a quarter percent. tomorrow janet yelin plans to lead the federal reserve. in two letters to lawmakers released yesterday, yellen again voiced her support for the fed's bond-buying program. she wrote that if the fed had not acted aggressively, the economy would likely be weaker. >>> stocks in this country were lower yesterday, mostly due to some disappointing corporate earnings forecast. the dow jones industrial average slipped nearly 9 points. the nasdaq dropped 17. >>> the federal government has opened an investigation into the potential for fires in the tesla model s electric cars. the national highway and safety transportation administration is looking at two incidents.

with the nikkei and the topics both lower in the first few minutes of trading that you are our enemy didn't allow for that update from email in part as always from the tokyo stock exchange and that does do it for me after this talent that this i'll leave you with a check on some other kid. it is. it is during trials. should i need to plant is becoming more thing honey of a deal on its own steam clean fuel from one of its pre emptive buildings it's part of the process to de commissioned accounts be at this i accompanied last week began removing fuel on the number will be asked to go. tesco has more than one thousand three hundred spent fuel assemblies that. levels of around the pool as tiny as they hunted like this effects ballack. so like days like this and taped it to alan smith said. but the sun just east of remote controlled plane tomorrow and still each containing costs into the pool. and they planted tons of bonus entries into the cause. what else is built into beatles did alex and me assemblies of stone tool rights require far more polish and then on he is to send these the spe

however let me remind viewers of the nikkei had been in decline so far this week although on moderate levels and of more than average bully which indicates the woodlawn in a major consolidation mode and deftly of the two are on the receipt today proves that as well as following the massive surge that we had last week that the reverend was up over seven percent on the week investors here in japan are really can be focused on the culmination of that today bank of japan in which the arm as he wraps up today and any statements from officials or comments from officials and of course on the news conference up by the governor himself how to cook or rather after the war is close to the skin if they focus. so i will keep track of the greater related sectors. for that as well. i mean we're back at him close outlook on the energy policy we've also seen japanese government when you continue bowler and again remaining weak against the dollar. i run the key one hundred yen level where do we stand on both. yes actually we need to have a look at the cup of ozone levels as well for caresses and a g g

but as i sat there and then a bit of a pullback today with the nikkei and the topics compared to the gains we saw yesterday we'll see how it develops. i becky. i mean thanks alot for that update for me maliki's from the tokyo stock exchange and with that. that is all for months here at the business team. alito to tackle some other markets. it is the tools and conservative politician is preparing to move ahead with plans to meet one of the last most violent stations in the two officials in grungy rest of the classic one on monday and i miss the winamp sunday's presidential vote. as representative of the national conti officials say he won twenty six percent of ballots that one and eighteen percent accountant they see the leftist opposition candidates shall not cost a one twenty nine percent. the school can't eat it all conti stew respected his own singing. fernandez told and even sensible be custer is calling it an actual court she said data from her own exit poll shows he's the winner. topping their highest response to john came on as an insurance the central american country has the

the nikkei fell out of it. really one per cent to fourteen thousand two hundred and one point reversing earlier gains and adding to thursday's one point two percent slide the benchmark is out of a taser percent this week and is up thirty seven percent year to date. elvis into re joins us now live from tokyo with an in depth look at how the nikkei traded today vincent thank you for joining us less funny if today's biggest loser on the main board in price down more than ten percent of that is. the incident only eleven percent actually as sony unexpectedly low word it's the full year operating profit forecast by twenty six percent unschooling tv and digital camera sales some box office flops also contributed to this negative announcement even with a weaker yen supposed to boost export assistance only have five of the company's nine divisions posted operating losses on the second quarter city seal does will he die and balmain sixth period smartphones as key to tease recovery plan but in the meantime sony shares had

the nikkei up at six-month highs. back over 16,000 for the first time this summer. the ftse 1100 yesterday was up 36 points. it's up another 21 this morning. we're flat for germany and france and indeed the ftse mib is down 0.75%. so at the end of this week, janet yellen comments, what are investor to do is a recap of some of the thoughts we've already had on cnbc today. >> i would argue yes, emerging markets do look interesting. and i would actually look -- i mean, let's focus in on the u.s. markets, for instance, of the capital goods. there, you've had a lot of underinvestment and anything related to investments i think will be welcome. >> there are headwinds. would i add emerging markets starts here. well, it certainly has been quite right to stay out of it. but in the world where mrs. yellen is going to continue to do nice things for investors, i think we will probably see rotations from emerging markets. >> there are opportunities in emerging market equities. china in particular has -- is looking very attractive in terms of valuation. and potential growth and a

i mean we just have a solid week out with the nikkei performing well. are things looking now yep pretty solid week of last week as he sat there i was having a look at the opening levels for today november the eighteenth monday and both indexes therein be positive. fifteen thousand two hundred so the wonderful than a k a one thousand two hundred and forty five for the top it's been a catchy rose more than seven percent last week it was actually one of his best weeks since two thousand and nine. they caught a pretty big boost from the stronger dollar also robust earnings from the of japan's biggest banks. not this week of course is going to be focused on the bank of japan meeting kicks off on of wednesday wraps up on thursday. people are ready to be watching to see if the bank as any other parent plans for a baffling of deflation and for boosting growth. here in japan meanwhile there could be some headwinds up from eurozone economies was tough to get some data came out last week that showed that disappoint seen it on growth the results of the focus on tha

. >>> japan's nikkei average rallied, and that spilled over to some of the other asian markets. ron madison has been following the trading action. ron. >> yeah, that's right, big day for the japanese market. you have to go all the way back to may to see the kind of levels that the nikkei was hitting today. a lot of that had to do with the weaker yen. markets really being driven now by expectations that the world's major central banks will continue easing money policy. so let's do get a look now at what's going on with currencies. traders are cutting back on their holdings as safe haven assets like the yen. they are becoming more willing to take risks. right now dollar/yen at 100.40. some analysts are saying that participants sold the yen today after an economic adviser to japanese prime minister shinzo abe hinted at the possibility for further stimulus by the bank of japan. also, the yen fell to the 135 level against the euro. the first time that's happened in two weeks. right now at 135.04. now, as gene was saying, most asian markets closed higher today. tok tokyo's market shoo

the nikkei went up, dollar/yen, as well. so, again, if we see equity markets go to fresh highs before the end of the year, it's very likely dollar/yen will make fresh highs, as well. >> what's your greatest prediction as we head toward the year end. is it dollar/yen? give us one trade that we can sort of bank on or have a little fun with in the remaining five years. >> assuming the u.s. economy does not falter, dollar/yen has the strongest path towards fresh yearly highs amongst the other currencies. the other interesting stories, the euro is eventually going to buckle. this tension between the euro zone is going to force the europeans to become more stimulative and the euro will start giving up some of the gains we've seen so far. >> boris, a pleasure, good morning, have a happy thanksgiving. we'll see you soon. >> you too, guys. >> any comment on that? the european stock market, you mentioned earlier, some of your clients were now more interested in europe. that's been stronger than the u.s. on a relative basis lately. the

we'll see how that develops not to serve under the nikkei actually rallied yesterday closed higher up of fourteen thousand five hundred for the first time in two weeks investors should domestic needs of the books on banks and that's after sumitomo mitsui financial group on tuesday reported that its net profit rose fifty three per cent in the fiscal first half ending september. thanks largely to be a strong performance of its brokerage units amid the ratty that we've seen in the making lovely of course as he sat there are this big focus on of the us senate banking committee of course and the nomination. or to hearing from a dead cat or a vice chair janet gallon on the receivers can be the focus is widely seen continuing the fed's current aggressive monetary easing of policy and of course the fed officials really trying to make their own forces her to swell lot of them have been on the news lately in the last twenty four hours suggesting is that the tightening of the tapering of the car on buying program but which frankly has really been the main driving force behind global financial ma

i'll put it all adds to the flavor so busy the nikkei and the top picks up the positive for the first few minutes we'll see if it remains that way till the end of the morning by taxi sounds good to me think alot for that report or an email a guard of course from the tokyo stock exchange with the nikkei is down to our op of buying a bottle poured over percent. there are some other markets open in the asia pacific's i'll leave you with a check. it is the six major powers will start a new round of times on iran's nuclear development on wednesday. a key issue remains will be around scale back its ukrainian enrichment activities and western nations easy economic sanctions. delegates from around the united states russia china britain france and germany will hold a three day talks in geneva. the guy gets made significant progress in tongues. earlier this month. a man and the international atomic energy agency agreed last week on a framework to allow the agency's inspectors to visit him and need care facilities around the six countries we need to find it france is demanding iran stop construc

at the exact levels telly and a pretty sight good to us talking right now one point four percent the nikkei up one point two percent for the topics both indexes out well into the positive that i am we should be seeing a while we are seeing a reversal of the losses that was on friday on the nikkei and also with the dollar having risen on the back of the u s jobs data we should also get a support for japanese exporters. i also focus on the china are in a related shares that today as the third plenary session on going in china as well as a stream of data that we had over the weekend. for china that also may dictate how the region's indexes trade today did over the weekend showed that china's cpi on exports and retail sales. all of my zinger last month compared to year earlier. so that's a bit of a positive we'll see how that tracks to the key indexes there as well as also of course being the focus on the policy making meeting right now ongoing in beijing. people are focusing on what policies china's government is going to be taking over the next decade. and of course on how that affects the ec

actually we have the nikkei up almost 2% overnight. we had again, dollar, again gaining some strength. the yen weakening. that is just carried all the markets over. liz: stand by, we have pandora numbers. ticker symbol p. adam, how do they look? >> revenue's a beat, 180.4 million. street expecting 175.6 million. listener hours, total listener hours, liz, 4.11 billion, to slightly above what we saw previously. total active users, 70.9 illion. liz? david: that is exactly the same as it was in october, 70.9. that came down from the number in september which was 72.7. all listeners, remember that 70 million figure, that including most of those people overwhelmingly don't pay anything for the company. all they get money out of there is advertising clicks. sub description fees are the ones they're looking at. after-hours, as you can see pandora is moving down on this news. one has to remember there is a critical problem, liz. that is apple has their own version of pandora. pandora has over a million songs, that sound like a lot, apple's cata

slightly negative for the nikkei. meanwhile, european central bank rates will stay low and could even be cut further. that's according to the ecb executive board member benoit couret. he told chloe cho he's not concerned about the threat of deflation, but he did begin by saying he agrees with the bundes bank's asset quality review. >> i think that the bundes bank president is right to set it as an objective. there is no reason why any particular kind of asset should be treated asterisk free by bonds. and that's a general principal that deserves being supported. now, with that said, it is not a european issue. it is an international issue. there is no reason why portuguese bonds, greek bonds will be treated differently from u.s. bonds or japanese bonds. so it is an important discussion, but it takes place in the basul committee for supervision. it's not a european discussion. >> we're talking about the prospect of lower oil prices, especially in light of this deal with iran. could disinflation turn into inflation? how

the nikkei, up again, huge, 7.7%. on the week. that's where the story is. asia, despite yellen being dovish, everyone thought that the dollar would actually weaken. it actually gained strength against the yen, and carrying the overseas markets, and we're a slow grind higher. no one is hitting the big s&p pay right now. >> tom riley at the nymx, the longest losing streak for crude in 15 years. >> it should be lower than it is here now. we've got a big sell-off yesterday and rallied off the lows about $2. i mean, i think we should be getting down to the $90 level and through that. every time it gets through that, it rallies to the mid-90s. no downside here. >> joe grecco at the new york stock exchange. what are you watching? >> two takeaways, obviously, in the energy space, interest rolling back into the refiners as trent widens out, and the activists are back at it, mining for diamonds in the rough. pitney-bowes exposed yesterday as an activist target, and that seems to be the theme, and it will probably carry into next year to outpace the market-federally.

that's all from the nikkei business report. back to you, ross. >>> meanwhile, happy thanksgiving to all our american viewers. breaking down the festive season in numbers. this is what we've got for you. 48 million turkeys are expected to be consumed just over these next couple of days. that will give give over 140 million shoppers the energy to set out and take advantage of the sales. almost $60 billion was spent last year. the holiday season started even earlier this year. i know it's unbelievable, but there are retailers who are opening thanksgiving day itself. k-mart opening -- what do you mean 6:00 a.m.? they're opening at 6:00 a.m. this morning? old navy apparently follows at 9:00 a.m. i understand that extraordinary. toys are us apparently at 5:00 p.m., walmart at 6:00 p.m. and macy's at 8:00 p.m. i'm not even sure k smart -- this morning people are going shopping at k-mart apparently. maybe they want to repair and get some stuff for the lunch. despite a 1% drop in the classic thanksgiving dinner this year, the price of a

the nikkei 225 outshined ending higher by almost 2% at the dorm. in china, the pmi numbers came in weaker than expected and some say we could see more down beat numbers in the months ahead. the china market still managed to end just a tad lower. and the hang seng index lost 0.5% today, pulling back from its ten-month high. meanwhile, south korea's kospi tumbled 1.2% from heavyweight samsung electronics down over 2%. australian shares extended its four-day losing streak and ended lower by 0.4%. let's check on the stocks in china, continuing to be driven by recent reforms, those include agriculture stocks. and some stocks surged on expectation that the city will become the next one to set up a free trade zone following shanghai. telcos got a lift on reports that 4g licenses will be issued by the year-end. but chinese property majors weigh on the index on reports that beijing may soon set up a national network of housing information. the registration system is one more step towards housing transparency in a property tax system so the big players tumbl

the index to debut on january 6 will be called jpx nikkei index 400. the selection will be reviewed every august. japan exchange group reminded reporters that new tax incentives for private investors will also be introduced next year. he says he wants investors to make full use of the index as a new indicator. >>> japanese government officials say they'll continue to promote deregulation as a pillar of the growth strategy. supporters are criticizing the officials over their decision to propose restrictions on online drug sales. the government announced rules that restricts online sales of some over-the-counter drugs for three years due to concerns over side effects. but critics say this runs counter to prime minister shinzo abe's reform policies. internet sells of nonprescription drugs have been regarded as a pillar of abe's growth strategy. the president of an online retailer says that removing irrational restrictions should have been one of abe's basic policies. the chief cabinet secretary said the rules were for the safety of consumers. he added tha

tokyo's nikkei lost .4 of a percent, though. shares in thailand got a lift from the central bank's decision to cut its key rate. investors thought the rate cut would support the country's lackluster growth. the set index jumped to 1,373. moving on to currencies now, the euro is climbing against the yen after news about the german coalition right around 138.39. and that is a level we really haven't seen in more than four years. the dollar is moving higher against the yen. dollar/yen at 101.74 roughly. traders are waiting for the release of u.s. economic data. >>> a japanese oil exploration firm will build a facility that ensures stable supplies of imported lng as regional demand has been soaring. japan petroleum exploration executives announced on wednesday that the new complex will sell lng imported from canada. the firm aims to start lng supplies mainly to the northeast in 2018 through an existing pipeline. the company is also considering power generation using the lng from canada by teaming up with power utilities. it may take

tokyo's nikkei retreated from a six-year high that it touched on thursday. turning to currency, euro is hovering around its highest level in four and a half years against the yen, right now at 139.22. the november consumer price index released today rose .9% from a year earlier. traders seem not to be reacting much to that announcement at this time. dollar/yen meantime changing hands at 102.30. >>> searching stock prices are proving to be a boon to a giant japanese pension fund, profits totally a little over $30 billion between july and september. the investment fund said it earned $32 billion in the three months. the fund manages some $1.2 trillion. profits from investments and domestic bonds totalled $7.3 billion and $11 billion from stocks. investments in foreign stocks also brought in $11 billion. the july to september period marked the fifth straight quarter of gains. fund officials contribute stock market rallies in and outside of japan. fed's decision due to the tapering of the bond buying program and the selection of tokyo as the site of the 2020 oly

the nikkei 225 eased 0.25% after the 7..7% gain last week. the dollar/yen weakening to trade below the 100 level. so that adding pressure to exporter stocks. meanwhile, australia fell for the second straight session down 0.6% at the rba keeps the door open for further cuts. china markets pulled back after yesterday's strong gains. the shack high composite pulled lower by 0.2%. china enterprises lent support to the hang seng indetective which ended on a flat note. seoul sales managed to end with a two-week high. automakers led the gains there. chinese banking shares came under some pressure, especially mid sized lenders. this on concern that financial reforms and interest rates liberalization. banks may face higher margin pressures. the media sector outperformed out records that beijing will make media and entertainment a pillar industry with support this year, encouraging more private enterprises to develop and expand in this industry. so a few thoughts limit up by about 10% today. so that is a look out of asian markets. back to you, ross. >>

tokyo's nikkei shed 1%. t >>> four out of five major japanese trading houses have posted strong net profit gains in the first half of this fiscal year. they've benefited from the yen's decline. mitsubishi corporation reported a year on year increase of more than 30% in yen terms in the sixth month through september. three others showed sharp decreases. the company is not all that worried about a slowdown in the chinese economy. >> translator: we think the price of coal has already bottomed out. and it's going to rise gradually in the future. >> the substantial first-half profit gains are also attributed to business in grain and other food-related transaction as well as auto sales in asia. >>> japanese lawmakers are summoning the head of mizuho bank before a panel. they're going to be questioning him about loans his bank made to gang members. the house of representatives, the national affairs committee plans to hold an intensive hearing on the issuing next wednesday. key panel members have decided to ask pres

tokyo's nikkei fell after its recent run-up. indonesia down 2.3%, the lowest level in more than two months. this is fuelling fears about capital outflows from the country to a fresh low since march 2009. investor worries escalated after poor results in government bond auctions. dollar/yen, 101.45, and this does come before the economic data out of the u.s. later on tuesday. among them, consumer confidence numbers from november. euro/yen, 137.46 at this hour. >>> representatives from japan, china, and south korea have kicked off their third round of negotiations for their three-way trade agreement. japan's chief delegate says he hopes the four-day talks in tokyo will be fruitful and lead to further negotiations next year. >> this framework among japan, china, korea should play a significant role in that context of the asian pacific p trade and investment. >> japanese officials plan to urge china to open up its market more. they've been calling for lower tariffs on cars and lower markets, but china wants to protect its industries.

tokyo's nikkei fell 1%, a one-month low, and hong kong's hang seng dropped half a percent. >>> the internal revenue service paid $4 billion in fraudulent tax refunds last year. many of the refunds were sent overseas including 665 to a single address in lithuania. the good news, the irs stopped more than $12 billion in fraudulent refunds. >>> and rubber ducky, you're the one. actually one of two inductees to the national toy hall of fame. the iconic bath toy was joined by the game of chess. they beat out ten other finalists including pacman and nerf toys. 23 experts vote for the winners. and, anne-marie, in case you didn't know, the first rubber ducky was not mentd for the bath at all. it didn't even float. >> really. what fun is that? >> i'm with you. >> all right. alexis christoforous at the new york stock exchange. thank you so much, alexis. >> sure. >>> straight ahead, the friday morning weather and the latest on the miami dolphins investigation. we'll hear from the former teammate of the two players at the center of the turmoil. at the center of the turmoil. d e what they thought. i can

tokyo's nikkei average shed more than a .1 of a percent. in mumbai, 20,194, weight down by rising inflation figures. india's cpi rose by 10% in october. also, industrial output fell short of market expectations. moving on to currencies, the dollar is changing hands at 99.54. analysts say traders are waiting for a confirmation hearing of janet yellen on thursday. they'll be monitoring whether she'll mention anything about the fed's monetary policy. euro/yen right around 133.51. >>> nissan motor has opened a new plant in central mexico as part of the automaker's plan to expand production for the north and south american markets. >> today marks the beginning of a new chapter in nissan's success story in mexico. >> this is nissan's third plant in mexico and will raise its annual output in the country to more than 850,000 units. the new plant is expected to serve as nissan's new production platform for north and south america. nissan plans to take advantage of lower tariffs in mexico. japanese automakers honda and mazda are also building factori

that's all from nikkei business report. back to you. >> all right, thanks and have a good evening in tokyo. we will be back in the japanese capital a little later with kaori for another update on toyota. meanwhile, a host of global banks are nearing a multibillion dollar settlement. the last two year, competition regulators have been probing trades. the banks include deutsche, societe generale, hsbc and credit agricole. barbly's, which flagged the suspected wrongdoing will not be fined. >>> and greece has been preparing for another shutdown as the nation's two labor unions prepare for austerity measures. the 24-hour strike, the fourth this year, will disrupt the public transports and see universities closed. imf chief was greeted by a protester throwing coins at him as he arrived at the finance minute stre yesterday for talks. he wants athens to sign up for a number of measures before it will release its next $1 billion charge of aid. >>> ae systems could cut more than a thousand jobs in britain as it nears the completion o

tokyo's nikkei added a quarter of a percent, hong kong's hang seng lost half a percent and wall street posted modest gains. the dow, rose 24 points and the senate took an important step in passing a landmark gay rights bill. on monday, by a vote of 61-30, the senate agreed to consider a bill that would ban work place discrimination against gay, bi-sexual and transgender americans. >>> johnson & johnson has agreed to pay more than $2 billion to settle fraud charges. the government says they illegally marketed prescription drugs and were involved in kick backs to doctors. this is one of the largest health care fraud settlements. >>> another record fines. this will be paid by s.a.c. capital. they have agreed to shell out nearly $2 billion and plead guilty to insider trading chargers. they also close their outside investment business. new york prosecutors say the deal proves no institution is too big to jail. >> ann marie. >> alexis, thanks a lot. >>> still to come, a health update on the nfl coach that collapsed on the field and why this college hoops player probably doesn't want to take

tokyo's nikkei rosed 0.8%. thailand's index gained 1.4% on signs of easing political tensions over a parliamentary debate on a controversial amnesty bill. critics say the bill is aimed at the prime minister to return home. moving on to currencies, the euro is recovering in lost ground earlier in the week. euro/dollar is now currently changing hands at 1.3523. investors are closely watching to confirm whether the european central bank will give any signal on a future rate cut at this thursday's policy meeting. analysts say the euro is unlikely to fall until market players i remember request the ecb's stance. meanwhile dollar/yen is at 98.58. >>> a japanese railway operator is making inroads into thailand. east japan railway company has secured a contract for a new train line in bangkok. east japan railway will team up with toshiba and a trading house. the railway operator president says they secured a contract for the purple line which is now under construction. it will link bangkok as well as its suburbs. the c

tokyo's nikkei lost nearly 1%. hong kong's hang seng fell half a percent. the commerce department releases its first reading of the third quarter gross domestic product today. it's expected that the economic growth has slowed. >>> meantime the dow opened this morning at another record high. the dow jones industrial average rose at 128 points beading the report it set on tuesday by 66 points. the nasdaq fell by eight. >>> blockbuster is closing its doors. a victim of digital distribution. the retail renting company is shutting down its 300 remaining stores by early next year and its dvd-by-mail business will be closed by december. dish network bought blockbuster back in 2011. the online streaming service will continue to work. >>> and the seattle coffee giant starbucks says it plans to hire 10,000 vets and military spouses in the next five years. starbucks says the hiring effort is in part a reaction to the high rate of unemployment faced by veterans. it hopes to utilize the vets' unique communication and problem-solving skills. the hiring effort affects sto

tokyo's nikkei surged, closing at a three-week high. china shanghai deposit advanced .8 of a percent. lowest close in five weeks, indonesia central bank lifted its key rate, bank indonesia is trying to gain strength on the news. moving on to currencies, the dollar is keeping its upward momentum against the yen. dollar/yen right now>> get all news and insight every day here on "newsline." >>> britain's foreign secretary says he's optimistic about reaching a deal on iran's nuclear program. negotiators from iran and six world powers have been trying to find common ground. william hague says only minor differences separate the two sides. hague delivered an update in the house of commons. he briefed members on talks in geneva that ended over the weekend. >> an agreement has to be clear and detailed, cover all aspects of iran's program and give assurance to the whole world that the threat of nuclear proliferation in iran is fully addressed. such a deal is on the table, and there's no doubt in my mind that it can be reached. >> negotiators dis

the nikkei closed up about 0.1%. also a weaker australian dollar helped to push up local shares. sydney climbed almost 1%. the biggest decliner in the asia-pacific region, the s.e.t. index fell 1.2% to the lowest point in more than two months. it extended its losing streak to four straight sessions amid jitters over political uncertainty. >>> well, japan is trying to gain an economic foothold in central europe. and one country in the region, hungary, is ready to talk. the prime minister has high hopes that japan could help provide the hungarian economy. nhk world's jun takahashi has more. >> reporter: they attended a seminar in tokyo with a group of business leaders. he called on japanese executives to invest in his country. >> lowistically and geographically, hungary is a key point of the european civilization and the european business community. >> reporter: europe's debt crisis added to hungary's economic troubles. 70% of its exports go to other eu nations. so he feels they need to shift focus to asia. he says hungary has a strong interest in japanese technology. he met with j

many posted gains, the nikkei climbed 1.5% to a six-month high and this was mainly due to the yen's slide. chinese markets slid, though. symptoms in mumbai saw the biggest advance in the region. 20,605. the news on iran raised hopes for lower oil prices, which make it easier for india to control inflationary pressures. moving on to currencies. the dollar is holding steady at 101-74. the dollar is near the six-month high, which it hit earlier. november consumer confidence index is among them, so we'll be waiting for that. meanwhile, euro/yen at 1,366. >>> partly thanks to rallies on the tokyo stock exchange and managers are trying to attract more individual investors in the market. >> reporter: trading volume at the tokyo stock exchange hit a record high of 6.3 trillion yen in may, but a survey conducted indicates more than 60% of japanese adults say they do not invest money in stocks because they lack the basic trading knowledge. groups of young people flocked to the trading floor to compete in a smartphone application contest. key officials are hoping this and other projects will help pe

tokyo's nikkei was unchanged. home sales and inflation data will reflect just how strong the economy is. last week the dow jones industrial gained nearly 200 points. the nasdaq composite finished the week 66 points higher. >>> boeing racked up nearly $100 billion in orders on the first day of the dubai air show. it represents 343 orders from just carriers from the nations of qatar and the united arab emirates. the 777-x is the larger more fuel-efficient model. >>> "forbes" magazine is for sale. forbes media, the family owned company that publishes the magazine, says it's exploring its options after several potential buyers have expressed interests. "forbes" magazine has covered finance and wealth since 1917. >>> sony has sold more than 1 million units of its new video game console, the play station 4, during its first 24 hour on the market. that's the fastest start for play station. the console went on sale on friday. it's the first system in seven years. it faces stiff competition for xbox 1 that goes on sale for

tokyo's nikkei gained more than 2%. hong kong's hang seng added nearly 1%. here ol' want street the dow jones climbed back into positive territory. the dow jones gained nearly 71 points. the s&p also reach add new high after adding 14. and the nasdaq finished 45 points higher. >>> three workers were injured in an accident at the tesla motors factory in fremont, california. they were burned when an aluminum casting press failed and spilled hot metal. one is in serious condition. they make their sedan at that place. wednesday's accident follows recent fires in the high end electric car. >>> and a toronto tailor has created a bullet-proof suit. the suit is being marketed as both stylish and safe. it sells for $20,000 and is made from carbon nano tubes based on material used to protect the u.s. special forces. the suit is available in tweed or pinstripe. >>> and, anne-marie, thousands of fans waited in times square for a chance to see lady gaga. she was on hand for the grand opening of a brand new h&m clothing store. the store opens at midnight and will stay ope

tokyo's nikkei gained 1%. hong kong's hang seng was flat. they blame low earnings for a weak day on wall street. the dow jones industrial average lost 20. the nasdaq edged up 3. but all in all the market remains close to record levels. >>> the federal aviation administration has issued the most extensive overhaul of pilot training in two decades. the move was triggered by the 2009 crash of continental express flight 3407 in buffalo. the captain failed to respoond correctly when the plane lost lift, called a staal. under the new requirements airlines will have to provide simulator training for pilots on how to deal with a stall and other expanded training, but the faa is giving airlines five years before they have to implement those new requirements. >>> and here in new york new york has approved an amendment to allow the building of new casinos. >>> and voters in houston rejected a $217 million bond issue to turn the astrodome into a convention hall. opened in 1965 the astro dome was the first multi-purpose dome stadium. it's been closed sin

tokyo's nikkei added half a percent. hong kong's hang seng lost half a percent. and wall street posted modest gains on monday. the dow jones industrial average rose over 23 points. the nasdaq composite closed more than 14 points higher. >>> the senate took an important step in passing a landmark gay rights bill. on monday by a vote of 61-30, the senate agreed to consider a bill that would ban workplace discrimination that against gay, bisexual and transgender americans. final passage of that bill could come by the end of the week. >>> johnson & johnson has agreed to pay more than $2 billion to settle fraud charges. the government says the pharmaceutical company illegally marketed prescription drugs and was involved in kickbacks to doctors. this is one of the largest health care fraud settlements in u.s. history. >>> and another record fine. this will be paid by wall street richest hedge funds. s.a.c. capital has agreed to shell out nearly $2 billion and plead guilty to insider trading charges. s.a.c. must also close an outside investment business. new york prosec

tokyo's nikkei average finished up nearly .2%. >>> japan's government has come up with a bill to establish economic deregulation zones, part of the growth strategy aimed at attracting investment. it calls for the establishment of an advisory panel with the prime minister as its chief. it will determine which regions to designate as special zones. the big specifies five bills for deregulation, employment, medical care, agriculture, education and urban redevelopment. for medical care, the bill will allow for more than beds in hospitals that provide advanced medical services on hopes the zones will become hubs for global medical services. for urban redevelopment, the bill will allow high rise condominiums to be built bigger and taller. the government would shoulder some of the interest rates on loans taken out to operate in a special zone. the government aims to have the bill passed in the current session of the diet and have several zones designated as early as january. >>> the bank of japan's bold credit easing policy has sent its monetary base to a record high for an eighth consecutive mon

tokyo's nikkei lost a fraction, hong kong's hang seng dropped nearly 2%. stocks in this country opened this morning following some mixed signals from the fed on the future of its stimulus program. the president of the atlanta region indicated a pullback remains a possibility. >>> the dow jones industrial finished 32 points lower. the nasdaq composite finished higher, by a tenth of a point. >>> johnson & johnson has reportedly agreed to a $4 billion settlement over flawed replacement of hips. "the new york times" reports that each patient who has the device remove order replaced would receive about $350,000. the metal ball and metal cup sheds debris as it wears, causing crippling injuries in some patients. >>> an arbitrator has ruled that starbucks must pay nearly $2.8 billion to settle a coffee distribution dispute. starbucks had a deal with kraft to distribute coffee to grocery chains through 2014 but terminated the deal in 2010. kraft then began arbitration proceedings. >>> and the new world trade center tower here in new york is officially the tallest s

that's it from the nikkei. back to you, ross. >> thanks for that. ecb president mario draghi said the recent cut was not based on deflation risks. he thinks the bank needs to create a safety. we're joined with more by the ceo from aliant. is there a difference? we have core inflation .8% which is a record low for the eurozone y. won't . why won't it go lower? >> this isn't something that calls for monetary action. we have for a long time claimed that we need to reduce the prices and we need to reduce wages and especially in the southern periphery of europe. that we need some internal devaluation as it was called to make the economies of the south competitive again and just this is right now happening because of wage reductions and productivity increases in some economies. the prices are trending downwards. i think this is the type of good deflation which we should not be trying to kill. >> so the ecb shouldn't worry about inflation targeting then? >> no, i don't think so. this special phase of adjustment out of a very big disequilibrium, imbalance o

in tokyo, the nikkei average fell to 14,201. sony closed down 11% after the firm cut its full-year net profit forecast. also hurt shares of sony, as well as other companies doing significant business in europe. in indonesia, the main index closed down by 1.7%, standing at 4,432. sentiment was dampened by data that shows indonesia's trade balance swung to a deficit in september and the country's inflation rate remained high at more than 8% in october. >>> as the china pmi figures suggests, many manufacturing in the country is picking up. members of china's ruling communist party are preparing for the third plenary session of the committee next week. leaders have promised to use the key meeting for laying out unprecedented reforms. to get some insight, we spoke in hong kong to head of investment strategy at shk private. >> the pmi report this morning is another piece of evidence that's telling you china has a solid economic foundation to carry out the structural reform. what we need to achieve in china, we need to create a high va

and nikkei was closed. the twitter initial public offering. twitter is expected to place its ipo wednesday evening and will begin trading thursday. it will sell shares between $17 and $20. there's expected to be a good appetite for twitter stock. >>> a group including the wireless company qualcomm and cerberus management is expected to make a bid for blackberry. blackberry has been taken over by iphone and other devices using the android system. blackberry, by the way, recorded a loss of $1 billion. >>> and the sci-fi spectacular "ender's game" grabbed the number one spot. the story is based on the novel. it racked under $28 million in ticket sales. and that sent "jackass" and bad grandpa in second and third place. alexis christoforous, thanks a lot. >>> coming up, an animal encounter in one of america's busiest airports. and in sports a record-setting afternoon for philadelphia eagles quarterback nick foles. [ clears throat ] o: hi. i just finished an energy audit of this building and started my own dog walking business. what did you do to de

hong kong's hang seng lost half a percent and norfolk owe's nikkei bucked the trend jumping 2%. >>> two trade groups representing u.s. and europe. back in april the collapse of a factory complex killed workers and a factory fire killed over 100 workers. it supplies such retailers, the gap, walmart, and h&m. >>> the government is requiring that all new tour buses and buses that carry passengers on scheduled routes between cities have seat belts. the national highway traffic safety administration says an average of 21 people in those buss are killed each year in those accidents. it's believed the accident could reduce the number of deaths in half. >>> and there was encouraging news on retail sales. the commerce department shows that retail sales rose 4%. this is make-or-break time for retailers. sales in november and december count up to 40% of revenue for store operators. >>> and about a third of americans say they will do some holiday shopping over the thanksgiving weekend. black friday remains the most popular day to shop, but a cbs news poll finds 76% of americans should be closed on

the shanghai composite shed about 0.2% while tokyo's nikkei fell 0.25%. >>> japanese price farmers renewed called demanding that the government take more time to review a subsidy program that's set up for them. the policy was implemented 40 years ago to stop rice prices from falling. about 700 rice producers and agricultural cooperative officials gathered in tokyo. lawmakers from the governing coalition also attended the meeting. >> translator: this is a major turnaround of rice policy. the government should deal with it thoroughly and cautiously in order to prevent confusion among producers. >> now, the government aims to make the agricultural sector more competitive by ending the subsidy program by fiscal 2018. it also plans to sharply slash subsidies for farmers who take part in acreage reduction starting next year. >>> lawmakers in japan's lower house have passed a bill to implement the country's economic growth strategy compiled back in june. the bill calls for easing regulations on selected firms to make it easier for them to start new businesses. they will also establish a system th

i'm pretty positive start for the nikkei and the topics that's all for me that you are ever made things a lot for that update remain on guard from the tokyo stock exchange. japanese leaders are making efforts to gain a foothold in eastern europe the prime ministers of japan and hungary have agreed to push for more business deals prime minister shinzo on the host of hungarian prime minister viktor for ben in tokyo. the leaders agreed japanese investments would boost growth on both sites more than one hundred thirty japanese firms are already doing business in the eastern european nation and the leader said they'd work together in the energy sector hungarian officials are planning an additional nuclear plants. i hope for further economic cooperation we reaffirm the two nations will cooperate for the early conclusion of the economic partnership agreement between japan and the eu. i do know one of the factors that the two prime ministers are considering working together on this nuclear energy. i caught up with victor or bend during his visit he told me what he sees in the controversial ener

i really think a lot for the top bid of us remain on guard from the tokyo stock exchange where the nikkei is down just a touch tank. i will begin now with a check on some other regional market. it is it is. japan's down its nuclear plants have started to like it and risky operation on monday. they were missing fuel rods from a reactor building an issue that tonight she is the first step in what expected to be a decades long process to the condition that the parody feeling confined campaign workers have to admit it the more than one thousand five hundred field lot of families from memory and therefore building them on to carbon stored in a pool most of them are used extremely hot and highly radioactive the mice two thousand and eleven earthquake and tsunami triggered hydrogen explosion that damaged the reactor for building workers are using a crane attached to a specially built structure to remove the marks to get the shows they will take more than a year to complete the operation. but this will then have to admit few months from the reach out to be active buildings. engineers spent months

tokyo's nikkei added a quarter percent. hong kong's hang seng added a quarter percent. tomorrow janet yelin plans to lead the federal reserve. in two letters to lawmakers released yesterday, yellen again voiced her support for the fed's bond-buying program. she wrote that if the fed had not acted aggressively, the economy would likely be weaker. >>> stocks in this country were lower yesterday, mostly due to some disappointing corporate earnings forecast. the dow jones industrial average slipped nearly 9 points. the nasdaq dropped 17. >>> the federal government has opened an investigation into the potential for fires in the tesla model s electric cars. the national highway and safety transportation administration is looking at two incidents. tesla says it asked for the investigation to dispel safety concerns. despite news of that investigation, tesla's stock gained $4.51 yesterday. >>> microsoft chairman bill gates says he's pleased with the progress being made to replace outgoing ceo steve ballmer. gates and balmer have been microsoft's only chief executives since the c

tokyo's nikkei added more than 1%. hong kong's hang seng gain 1.5%. this week wall street will be paying particular attention to comments from the federal reserve. wall street will be watching for hints the fed will be scaling back its bond-buying stimulus program. last week the dow finished higher by 146 points and the nasdaq composite finished two points lower. the owner of a tesla electronic car said he'd buy another. it was the third tesla to catch fire after an accident. the ntsb is investigating. the doctor said the car protected him. the tesla stock lost nearly 22% of its value last week. >>> in china, the 11th day of the 11th month is not about veterans. it's about online shopping. it's about singles day, day singles engage in some online retail therapy. alibaba, china's biggest online retailer, projects close to $5 billion in sales. that's close to what americans spend on black friday and cyber monday combined. anne-marie? that's my kind of holiday. >> i thought you might like that. wendy gillette at the new york stock exchange. thanks a lot,

tokyo's nikkei gained more than 2%. hong kong's hang seng lost half a percent. walmart said it will open at 6:00 p.m., two hours earlier than last year. this is part of a growing trend to move so-called black friday, the day after thanksgiving earlier and earlier. walmart shoppers will get special deals and walmart's marketing director says company employees are, quote, really excited to work that day. >>> online shopping giant amazon said it will deliver on sundays. amazon is joining forces with the postal service. sunday delivery will be available this week and los angeles and new york and most of the country by next year. the deal is likely to boost the financially ailing postal service. >>> and it's estimated that the number of smartphones in use worldwide will triple by the year 2019. ericsson the swedish telecom network company forecasts 5.6 billion smartphones will be in use by the next six years. smartphones account between 25% and 30% of current mobile phone subscriptions but make up 35% of new sales. >>> gun violence in movies rated pg-13 is on the ris