japan so he would like to play a big a lot. it was what is visionary in asia you know to do that again and stability which. in a sense contrary. last because of the korean peninsula and allies of china and particularly the happening in the u.s. politics. alessio the law now what is you your view about what happened did typhoon land people people away or did north korea drive them to the polls. well these early delights are. childless presenting itself is an ideal call for drug use drug and long to call the snap election but also to provide a platform so these message to just kind of course stronger as those of these opponents are so that saying. the security lens is the progressive to tell you ration well new c c. context. ideal conditions are so broadly. to do jack to sell and. would probably be the ideal person to do the current situation which i says he's seen from there as they ideal person to do with a concentration. yes in the sense that he at least from the white house is probably president trumps one of his closest fore

components of the us japan alliance atlantic contribution to. japanese national defense and security so within this context i think that the initiatives that have been taking plays all the last few years and that i haven't celebrated were the security legislations as they were passed in two thousand and fifteen they are about empowering japanese governments to have a more relevant use of their capital but it is at their disposal in order to meet the security challenges that surround to japan not just in very difficult crisis time which was the set up during the cold war but the dream of the ministry of defense corps as the graves synoptics that is peacetime relatively complex security scenarios as it would be a situation of the missile crisis and north korea all as it's been in recent times although the greater military assertiveness conducted by china in the sea of japan in the east china sea so we're talking about an hour in the states rather then fundamentally changing a military posture qatar you want to say something. so don't forget you kn

not japan's pacifist constitution was drafted by the u.s. after world war two but what exactly does it mean the relevant court kill was here is known as article nine it calls for complete renunciation of war literally that means japan shouldn't have any armed forces but it does successive governments have interpreted the constitution to allow a self-defense military has pushed for an even broader interpretation he passed a law two years ago that authorizes overseas military missions for quote collective self defense alongside japan's allies he's also pushed to change the constitution to further legitimize the military but that can only happen after a referendum and the people aren't necessarily on board recent polls show they are split on changing the charter richard. it's going to be a complicated match i mean with the aging population we're not going to suddenly see old woman on the front line in afghanistan in the next couple of weeks for example what sort of conversation would the u.s. like to see happening before we see any changes. as

in japan, he is not a japan watcher. he is absolutely part of the fabric of commentary and analysis across all of political and economic japan. he joins us from our studios in tokyo. wonderful to have you with us. tell me, who is mr. abe? what kind of politician is he? is he someone we can compare to an american politician? robert: i think mr. abe is a politician who makes a habit of getting along with people, working out compromises, getting people in a room together, something the way, ideal american politicians worked 20 or 30 years ago. he's been extremely effective in getting along with the u.s. he was good friends with president obama. he's good friends with trump. this is an asset to japan since the u.s.-japan relationship is so important. i think the prime minister deserves a great deal of credit for that. tom: i believe i give you credit for giving me the classic book coming out of world war ii. that's when they last addressed the constitution. do you look for profound constitutional changes now that ill move ja

kathleen: when do you think japan will hit 2% inflation? does japan need to percent inflation? -- need 2% inflation? 2022, 2023. rate is zero for the past 20 years. on average, it is slightly below 2%. it takes time. it is very gradual. it will take five years. kathleen: if governor kuroda gets reappointed, he has five years. speaking of next term, i am just curious, you are an advisor to the bank of japan, you worked at j.p. morgan. donald trump will announce his pick on thursday powell. does this matter to the rest of the world? what are the implications? from outside the country, how is it being viewed? >> this is very important. kathleen: does it matter if it is jay powell? chair, whathe next the fed can do is limited. kathleen: if the fed keeps raising rates, that is good for the boj. >> yes, exactly. kathleen: thank you so much for joining us. we appreciated so very much. chief economist at sony financial holdings, a former advisor to the bank of japan. we are pretty close to the decision. we will see if they lower their inflation outlook. we will listen to every word fro

robert: the japan society of northern california has built social connections with japan in business, culture, and academia, reinforcing the japanese contributions to the bay area's history and its future. joining us are the co-chairs for the group's gala event, nobuko saito cleary, the president of cross-cultural communications and a board member, and now a producer for an upcoming documentary. and also here is larry greenwood, the president of the japan society of northern california, and he's also an advisor for bower group asia and the center for strategic and international studies. welcome to the show. nobuko saito cleary: thank you so much for inviting us. robert: well, give us an idea, first of all, for people who don't know, japan society. i talked a little bit about what it does. what is it as a group? nobuko: well, japan society was founded in 1905, as a matter of fact, the second oldest organization in america next to boston. and we celebrate a lot of events, but the parent mainly, that is japan, is introducing japanese culture and the relationship between united states and

and japan. now we are going to see a newly strengthened xi jinping in china who is coming out of the 19th party congress for stronger than his immediate predecessors. so i would suggest that the elements are in place for a collective and collaborative strategy that will really set some limits on north korea and bring kim jong-un ultimately to the point where he has got to make a tough decision between shifting to a negotiating track or putting his regime at real risk. ramy: we will leave it there, but we could continue this for a much younger time that we have. the former secretary of state, daniel russell. let's go ahead and take a look at this business news. business flash headlines, australia's regulator anz bank is settling over electors interest rate rating. the investment commission is processing anz, west bank, and more. they looked at the bill swap rate. they were scheduled to meet in melbourne federal court, but that has been adjourned for 48 hours. cisco systems is close to a deal to a

constitution that piece clause in the constitution bans japan from having a military japan has so-called self-defense troops who are unable to fight something out there wants to change in his third term. in face of the tension over north korea i aim to discuss whether the presence of the self-defense forces troops who are working hard twenty four hours a day three hundred sixty five days a year is constitutional or not. once passed by parliament however constitutional changes would have to go into a referendum which could prove difficult as a leader is deeply unpopular and his victory is being seen as a reflection of a lack of alternatives rather than support for his push to change the constitution . joining me now from tokyo is journalist unlike append michael as we heard obvious is this election was about the military threat from north korea with this resoundingly victory water is likely more is going to be. the obvious particular diplomatic approach to north korea is pretty well set and essentially what he was saying is i want you to endorse what i've already been doing so he hasn't b

japan, japan -- haidi: and japan? >> presidents shinzo abe getting congratulations here it snap elections paid off. that was to be expected, but what does this mean for monetary policy, governor kuroda? i guess that is what we are talking about next. what about constitutional reform, casinos even? he will probably be around when the olympics are held. about that and more. we are also whelping aghast in singapore. how is he betting lng? he is betting big. finally, china home prices. angie: it is the big three cities which have shown a bit of a stuttering. thing.ctually a current >> what else elsewhere? they cashelopers as out their five-year plan. all that and more in the next hour. ♪ angie: it is almost 11:00 in hong kong. i am angie lau. david: we are in the middle of the first asian trading session of the week, a fairly good when we should note. welcome to "bloomberg markets: asia." ♪ agie: voters hand shinzo abe landslide victory come on track to become japan's longest-serving political leader. 225 rising forei

components of the us japan alliance atlantic contribution to. japanese national defense and security so within this context i think that the initiatives that have been taking plays over the last few years and the happen at celebrated were that this security legislations as they were asking did arsenic to fifteen they are about the power of japanese governments to have a more relevant use of their capabilities at their disposal in order to meet the security challenges that surround to japan not just in very difficult crisis time which was the set up during the cold war but the dream of the ministry of defense corps as the great so synonymous that is peacetime relatively complex security it's a matter of us as it would be a situation of the missile crisis and north korea are all as it's been in recent times although the greater military assertiveness conducted by china in the sea of japan in the east china sea so we're talking about an hour in the states rather then the n.t. changing your military posture qatar you want to say something. so don't

itself but japan is a great way of getting. getting natural gas and shale over from the states to the rest of asia which is becoming hungrier and hungrier so by two thousand and thirty that we're looking at about an eighty billion dollar investment to be necessary into asia and from the sale of gas and such products to the rest of asia so what japan wants to do is get in on the deal get the us to be able to sell and export this energy source but japan wants to build the infrastructure so the pipelines the refineries excedrin so this would be a great way for them to deal together so that you can hear japan or you can think or at least expect japan to be talking about this a lot also there's the fast trains they're talking about a couple of projects that are going on in the states right now that might be something that is mentioned by the japanese foreign minister as well these are all positive notes and it's a good way to get about away from subjects that are a little bit more negative other subjects that we must address trade i

and your parents were born in japan. did you suffer discrimination growing up in japan? masayoshi: yes, i had some experience. but i feel now it was good. that made me, you know, stronger. to work harder. so, i had to prove that i am not different from any other guys. not inferior. so i had to work harder to prove the value. david: your family adopted a japanese name at one point. masayoshi: actually in japan, there was some period, the japanese government forced every korean to change to a japanese name. so, it was not their intention. we had to. david: you have to change? masayoshi: we have to change. that made me even more harder, because i was treated that i was hiding something. it was even tougher. david: you did not grow up in tokyo. you grew up in a relatively small town in japan. is that right? masayoshi: yes. in the southern part. david: the southern part of japan. it was said you are interested in meeting the head of mcdonald's. why were you interested in meeting the head of mcdonald's? did you like mcdonald's food, or what was it? masayoshi: he wrote the book

it is bad from an faction japan and perception of quality in japan. the link underlying these is that we need -- this is all part of the corporate governance code supposed to be explicit with whistleblower protection. they are helping the company when they come forward. in all these cases the revelations were not brought immediately. these could have been caught much earlier in the process. case, the subaru's knowledge of these faulty inspectors seems to be happening for decades possibly. what can be done then? there should be more whistleblower protection, quicker action. i you seeing any of that change at all, even right now? >> unfortunately we have not yet seen that. weask every company meet how many whistleblower complaints they have had. 0-1 a year.y that sounds way too low a number. people are encouraged to help by coming forward, and we have not yet seen that. >> do think the current snowblower law does more harm than good? >> i think it is good. whistleblower law does more harm than good? >> i think it is good. it has then reported in the new

on al-jazeera your weekly look at the world of business and economics this week made in japan steel japan's third largest steelmaker admits that it faked data on parts used in cars planes and trains general motors boeing and toyota are among the. products also this week trouble why the international monetary fund the winner of the nobel prize in economics is signaling danger ahead for the global economy. and the trevi fountain by luxury fashion. why without private investment many of its elites most important risk. planes trains automobiles and fake components japan's kobe steel says that it was faking data about the strength of products delivered to more than two hundred companies for the past decade it's a scandal that's unsettling the transportation industry worldwide general motors boeing toyota honda they all have to check their supply chains the manufacturer of japan's shinkansen bullet trains says that it's already found parts supplied by kobe that failed to meet industry standards the one hundred twelve year old metals manufacturer said that further cases could come to light florenc

kobe steel japan's third largest steelmaker admits that it faked data on parts used in cars planes and bullet trains general motors boeing and toyota are among the firms checking their products also this week bubble trouble why the international monetary fund and the winner of the nobel prize in economics are signaling danger ahead for the global economy. and the trevi fountain sponsored by luxury fashion brand fendi why without private investment many of italy's most important monuments. planes trains automobiles and fake components japan's kobe steel says that it was faking data about the strength of products delivered to more than two hundred companies for the past decade it's a scandal it's unsettling the transportation industry worldwide general motors boeing toyota honda they all now have to check their supply chains the manufacturer of japan's shinkansen bullet trains says that it's already found parts supplied by kobe that failed to meet industry standards the one hundred twelve year old metals manufacturer said that further cases could come to light florence louis reports from

why did you move back to japan? not that it is not a great place to move back to, but you are in the silicon valley area. why not stay there? masayoshi: i created a company and my employees asked me to stay. but i said no, i promised to my mother when i decided to come study in the states. she was crying in the airport and i said no, don't cry, mom. after i graduate from school, i will come back, i promise. she said no, you don't come back. this is forever. farewell. no, i promise you, don't worry, i promise you. so i kept my word. david: recently, you did the biggest investment you have ever made in a company called a.r.m. masayoshi: they have 99% market share for any smartphone you have in your pocket. i think the company is going to be more valuable than google. ♪ ♪ david: all right, so you moved back to japan and started a company called softbank. what was softbank's purpose? what kind of business were you in? masayoshi: so that was the beginning of the time of the personal computer got started. there was ha

of course, japan, japan is probably committed to non-nuclear policies. and yet we have to say to chinese friends that if you let north korea be a kind of a sort of de facto nuclear, certainly that will sort of open the vote for the nonproliferation system be collapsed. and you are responsible for those matters. that's a choice. that kind of serious talks on all kind of the security matters, peace matters should be done within those sort of five countries and then consolidating our positions and to face with north korea. that's how that i think if there's any hope. of course it is very difficult to pursue this route. i may sound like too much of a sort of dreamy type of things but if anything could succeed, that's sort of a new attempt, new sense of emergency and new sense of crisis is very important. that's my personal thought. thank you very much. [ applause ]. >> thank you very much. so now i'd like to invite our panelists and speakers up here. we're going to have a short group discussion before we open it up to the audience. and the opening presentati

constitution or peace clause in the constitution bans japan from having a military japan has so-called self-defense troops who are unable to fight something out there wants to change in his third term. in face of the tension over north korea i aim to discuss whether the presence of the self-defense forces troops who are working hard twenty four hours a day three hundred sixty five days a year is constitutional or not. once passed by parliament however constitutional changes would have to go into a referendum which could prove difficult as a leader is deeply unpopular and his victory is being seen as a reflection of a lack of alternatives rather than support for his push to change the constitution . so while ago i spoke with journalist michael pena and tokyo i asked him about prime minister robert as main points during his first post-election press conference a few hours ago. well he is going to you know. talk about that he's going to offer stability and good leadership for the government going forward and essentially he's going to make his case that he that he now has the mandate to co

why did you move back to japan? not that it is not a great place to move back to, but you are in the silicon valley area. why not stay there? masayoshi: i created a company and my employees asked me to stay. but i said no, i promised to my mother when i decided to come study in the states. she was crying in the airport and i said no, don't cry, mom. after i graduate from school, i will come back, i promise. she said no, you don't come back. this is forever. farewell. no, i promise you, don't worry, i promise you. so i kept my word. david: recently, you did the biggest investment you have ever made in a company called a.r.m. masayoshi: they have 99% market share for any smartphone you have in your pocket. i think the company is going to be more valuable than google. ♪ ♪ david: all right, so you moved back to japan and started a company called softbank. what was softbank's purpose? what kind of business were you in? masayoshi: so that was the beginning of the time of the personal computer got started. so -- but th

your father moved to japan, and your parents were born in japan. did you suffer discrimination growing up in japan? masayoshi: yes, i had some experience. but i feel now, it is good. that made me stronger, to work harder. so i had to prove i am different -- no different from any other guys, i'm not inferior, we are the same. i had to work harder to prove the value. david: your family adopted a japanese name at one point. masayoshi: actually in japan, there was some period, the japanese government forced every korean to change to a japanese name. so it was not their intention that we had to. david: you had to change. masayoshi: we had to change. that made me even more harder, because as a student, i was hiding something. it was even tougher. david: you did not grow up in tokyo. you grew up in a relatively small town in japan. is that right? masayoshi: in the southern part. david: the southern part of japan. it was said you are interested in meeting the head of mcdonald's. why were you interested in meeting the head of mcdonald's? did you like the fo

constitution a piece clause in the constitution bans japan from having a military japan has so-called self-defense troops who are unable to fight something out there wants to change in his third term. in face of the tension over north korea i aim to discuss whether the presence of the self-defense forces troops who are working hard twenty four hours a day three hundred sixty five days a year is constitutional or not. once passed by parliament however constitutional changes would have to go into a referendum which could prove difficult as a leader is deeply unpopular and his victory is being seen as a reflection of a lack of alternatives rather than support for his push to change the constitution . the spanish government says it is set to temporarily impose direct rule on catalonia to prevent it from declaring independence now if spain senate approves this move later this week the council on president charlotte as opposed to mont will have to leave office spain's central government says it may choose a single representative to replace them meanwhile the regional government in catalonia

your father moved to japan, and her parents grew up in japan. did you suffer discrimination growing up in japan? masayoshi: yes, i had some experience. but i feel now, it is good. that made me stronger, to work to work harder. i had to prove i am different from the other guys. harder to prove the value. david: your family adopted a japanese point at one point. masayoshi: in japan there was the japanese government forced every korean to change to a japanese name. it was not their intention that we had to. david: we had -- you had to change. masayoshi: we had to change. it was harder because i felt i was hiding something. it was even tougher. david: you did not grow up in tokyo. you grew up in a relatively small town in japan. masayoshi: in the southern part. david: it was said you are interested in meeting the head of mcdonald's. interested -- was at the mcdonald's food? worked the book, and it became the best ever. i was so impressed and said, this is great. the guy who wrote about it must be great. david: how old were you when you wanted to mee

i'm welcome to the program japan's prime minister shinzo abyei has swept to a resoundingly victory of to taking a gamble with snap elections i was liberal democratic party is set to retain its two thirds super majority in the lower house of parliament now that allows him to make changes in the country's pacifist constitution on sunday he pledged to do firmly with threats from north korea the dominated the campaign. a coronation for every seat one a tradition in japanese politics prime minister shinzo had quite a few carnations to pin thanks to his coalition's big landslide retaining a supermajority of two thirds in parliament was one of the conservatives goals they want to reform japan's pacifist constitution which restricts the military to self defense they point to the threat from north korea as proof that the constitution is outdated. calling snap elections was a risk but the gamble paid off handsomely when they made the call he was facing low approval ratings after a string of government scandals pushing elections forward was a master stroke of politics his rival yuri koori the go

after a decisive election victory japan's prime minister says he'll take a stronger stance against north korea. so again i'm peter watching al-jazeera live from our headquarters here in doha also coming up more on the moment that's inside. the philippines declares his battle with isolating fights is over. stalemate in the gulf high level meetings on the diplomatic rift with cats appear to go nowhere. that we simply can't go on the way but going on and loving alms and aptly named exhibition on u.s. gun violence becomes an art form for peace. welcome to the program top story japan's prime minister shinzo ave says he'll continue to deal decisively with new. career day after winning national elections his governing coalition scored a major victory at the polls the liberal democratic party and cami to a party maintained more than two thirds of the lower house mr abbott says he wants to hold the debates on north korea with the us president donald trump who's visiting the next month sarah clarke is live for us in tokyo this north korea what did he have to say. a look at yes i did that has taken

japan prime minister wins in landslide election. manus: a comeback. separatists will today formulate their response to spain after the prime minister announced plans to ice the rebel government. anna: a domestic challenge. theresa may's efforts to get brexit through parliament as the labour party threatens to unite with tory rebels. manus: rex tillerson says saudi arabia busts -- rebuffed his and that anyone doing business with iran does so at their own risks. we are alive. ♪ -- we are live. ♪ a very warm welcome, everybody. this is "bloomberg daybreak: europe," our flagship show. i anna edwards. manus: i am manus cranny. we are waiting for some news to come from phillips but the market is interested in this. japan. shinzo abe. and's -- medical devices and diagnostic year, we will be doing soon. the market is a little lighter than anticipated. for japan's prime minister's sales growth between four .6 to seven. what is the terms of exposure that? $ 401s -- in billion in terms of third-quarter sales. -- for a one billion euros in terms of third-quar

let's look at another side of japan, the potential opening up of a $25 billion gaming market in japan. still with us is macau's billionaire chairman. i know you have had your eye on -- melco'sany years billionaire chairman. i know you have had your eye on --an for many years area many years. what are you willing to do? >> we will spend whatever it takes and do whatever it takes. betty: $10 billion or more? company,global gaming anyone of us and spend $10 billion. that statement is irrelevant. it is really going to be what you can showcase and what you can deliver to the city. whetherco has proven, it is in macau or the philippines is that we have always been the best corporate citizen. he worked very well with the government. we understand what the government wants to do. if you look at macau, the government wanted diversification. no one has done more in terms of building award-winning attractions and entertainment facilities. lawrence, if you ask she , they sheldon hamilton would all say that as well. howdy you present yourself as having the edge? based on it is really the track rec

your father moved to japan, and your parents were born in japan. did you suffer discrimination growing up in japan? masayoshi: yes, i had some experience. but i feel now, it is good. that made me stronger, to work harder. so i had to prove i am no different from any other guys, i'm not inferior, we are the same. i had to work harder to prove the value. david: your family adopted a japanese name at one point. masayoshi: actually in japan, there was some period, the japanese government forced every korean to change to a japanese name. so it was not their intention that we had to. david: you had to change. masayoshi: we had to change. that made me even more harder, because as a student, i was hiding something. it was even tougher. david: you did not grow up in tokyo. you grew up in a relatively small town in japan. is that right? masayoshi: in the southern part. david: the southern part of japan. it was said you are interested in meeting the head of mcdonald's. why were you interested in meeting the head of mcdonald's? did you like the food? masayoshi

we have got the election in japan and japan, haven't we? we have got the election injapan and everything that's going on in europe. we have day by day, anything could happen in the us. so there is lots of potential for volatility to rise from low levels at the moment. talking of politics over in the states... yes, the us senate approved a blueprint for the budget. explain why that's significant and that impact it could have on the markets? it is significant because it allows the tax reform to be passed without both parties. and so, this reconciliation needs to go through the house and then that sets the backdrop for the discussion about the tax bill. now, the importance of that tax reform is that this is a huge focus for the administration, having really failed to deliver on much else and this was a key pa rt to deliver on much else and this was a key part of the campaign promising. so the president is very focussed on it. the administration is extremely focussed on it and if it mansion to get through, it would give a boost to certainly gro

what does that tell us about japan?te governance in because we've had, of course, them, nissan, takata, toshiba, olympus, just to name a few, where there has been a failure has gone right to the top. are we getting all of this information because of abenomics inspite of abe -- in spite of abenomics? scrutiny onhat the corporate leadership definitely has been tightened. because of a combination. the regulatory oversight. also, investor oversight and also the japanese media is now empowered. don't be afraid of the big bosses in japan. go after the scandals. so it's actually good news in of the overall transparency, you know, that we're getting in japan. >> so we're seeing here that sense. working, in a the push for corporate governance reform? exactly right. you've got effectively, remember, japan, this sort of insider capitalism with the big groups controlling the flow of information, controlling the way power gets allocated here. changes in the corporate governance code , with the corporate code, basically you're moving

and your parents were born in japan. did you suffer discrimination growing up in japan? masayoshi: yes, i had some experience. but i feel now it was good. that made me, you know, stronger . to work harder. i am not to prove that different from any other guys. not inferior. so i had to work harder to prove the value. david: your family adopted a japanese name at one point. masayoshi: actually in japan, there was some period, the japanese government forced every korean to change to a japanese name. so, it was not their intention. we had to. david: you have to change? masayoshi: we have to change. that made me even more harder, because i was treated that i was hiding something. it was even tougher. david: you did not grow up in tokyo. you grew up in a relatively small town in japan. is that right? masayoshi: yes. masayoshiin the southern part. david: the southern part of japan. it was said you are interested in meeting the head of mcdonald's. why were you interested in meeting the head of mcdonald's? did you like mcdonald's food, or what was it? masayoshi: he wrote the book

itself but japan is a great way of getting. getting natural gas and shale over from the states to the rest of asia which is becoming hungrier and hungrier so by two thousand and thirty that we're looking at about an eighty billion dollar investment to be necessary into asia and from the sale of gas and such products to the rest of asia so what japan wants to do is get in on the deal get the u.s. to be able to sell and export this energy source but japan wants to build the infrastructure so the pipelines the refineries excedrin so this would be a great way for them to deal together so that you can hear japan or you can think or at least expect japan to be talking about this a lot also there's the fast trains they're talking about a couple of projects that are going on in the states right now that might be something that is mentioned by the japanese foreign minister as well these are all positive notes and it's a good way to get about away from subjects that are a little bit more negative other subjects that we must address trade

kobe steel japan's third largest steelmaker admits that it faked data on parts used in cars planes and bullet trains general motors boeing and toyota are among the firms checking their products also this week bubble trouble why the international monetary fund and the winner of the nobel prize in economics are signaling danger ahead for the global economy. and the trevi fountain sponsored by luxury fashion brand fendi why without private investment many of italy's most important monuments. planes trains automobiles and fake components japan's kobe steel says that it was faking data about the strength of products delivered to more than two hundred companies for the past decade it's a scandal it's unsettling the transportation industry worldwide general motors boeing toyota honda they all have to check their supply chains the manufacturer of japan's bullet trains says that it's already found parts supplied by kobe that failed to meet industry standards the one hundred twelve year old metals manufacturer said that further cases could come to light florence louis reports from tokyo. made in

we can start with the japan times. it says his gamble on the snap election paid off but the paper warns that even as he emerges stronger, he faces a divided nation. the financial times also leads with — as the paper puts it — mr abe's ‘thumping' victory. and this picture of the smiling prime minister. the ft says he won a ‘sweeping mandate for reforms'. and finally — the straits times says japan voters have strengthened mr abe's hand, but it also points to the latest surveys which show that even now more japanese disapprove of mr abe rather than support him. that brings you up to date. the spanish government has rejected accusations from the regional authorities in catalonia that it's carried out a coup by moving to impose direct control in the wake of the disputed independence referendum. catalans opposed to independence have been protesting in barcelona, from where tom burridge reports. this scene, hard to imagine just a few weeks ago. maybe 200 people outside a military barracks in barcelona. support for s

the election here in japan. shinzo abe looks on track for that decisive win, which will be a show of support for his attempt to revive the slumbering economy. on kathleen hays in new york. president trump interview janet yellen earlier for the fed job but it is down to the wire between drum towel and stanford economist john taylor to get that seat. halt production at the domestic plant over unauthorized quality control. ♪ kathleen: we are covering two big races, the race to be the next fed chair advancing the story. john taylor, considered more hawkish, j powell considered more middle of the road, you are in tokyo for a very important race. seems like there is an into size of this from trump when it comes to the fed chair, but not as indecisive in japan. the latest poll said 300 seats expected from the ruling coalition party and that would be 10 more than the super majority they already have out of the 465 seats up for grabs. the big gamble for shinzo abe looking like an easy win. you never know. you saw what

them at herman welcome to the broadcast japan's prime minister shinzo has swept to a resoundingly victory after taking a gamble with snap elections liberal democratic party is set to retain its two thirds super majority in the lower house of parliament that allows him to make changes to the country's pacifist constitution on sunday he pledged to deal firmly with threats from north korea that dominated the campaign. a coronation for every seat one a tradition in japanese politics prime minister shinzo a had quite a few carnations to pin thanks to his coalition's big landslide retaining a super majority of two thirds in parliament was one of the conservatives goals they want to reform japan's pacifistic constitution which restricts the military to self defense they point to the threat from north korea as proof that the constitution is outdated. calling snap elections was a risk but the gamble paid off handsomely when i made the call he was facing low approval ratings after a string of government scandals pushing elections forward was a master stroke of politics his rival yuri koori the gove

e'll see what happens with japan after correia. we're down by the .10 of 1% for the index 50 following what we saw, the downside with some of the major indexes. holding on to the four-month load as we wait for coalition talks after the election. futures were down in sidney. take a look at how things were faring down under. we did see when it came to oil a little bit of up side in crude. politics hanging in japan as well as dollar ye ndiaye unanimousics. 112.66. when we talk about whether she will be running for parliament. that will be expected today. but highly unlikely as she's telegraphed before. we've seen futures pretty modest as we see the tokyo market open today. let's get caught with emma chandra. emma? emma: three more companies are leaving catalonia. urr sys, and telecom are shifting their head quarters from barcelona to madrid. the pharmaceutical company has seven companies in the region at the beginning of last week. the u.k. has been warned it must make the next move on brexit if it wants to talk trade. this from the e

that is helping japan, as well. as we saw with these inflation numbers and our ago, inflation is going nowhere in japan. what does that leave the boj? guest: it is going nowhere fast. one of the things that came out of the election was, we are ofng to have a reinforcement abenomics. be voted in ifa he seeks this? even as the ecb tapers. japan is nowhere near the 3% target. there is a feeling that that is part of the problem. or worrywer the target about deflation. betty: thank you very much. enda curran there. why the ecb might be looking at a short-term taper. later on this hour, wi-fi do has disappointed. -- fido has disappointed. more on that next. ♪ ♪ asia, this is daybreak i'm betty liu in new york. yvonne: i'm devonte man in hong kong. man in hong kong. is as long as the inflation out what improves. sincero falls the lowest july. let's look at the reaction now. michael, welcome. you have to give it to mario to execute this taper without the tantrum and manipulating markets. was it to dovish coming from dra

well there no where in japan and the u.s. cooperate on energy that you can talk about infrastructure of course without talking about energy and energy you really has as you mention is that is the big thing here so japan they're not really in need of gas as much as people would think you know there are there are nuclear industry is there are there are the reactors are popping back up after fukushima not necessarily the brightest they also renewable energy is big on their plate for japan itself but japan is a great way of getting light we're getting natural gas and shale over from the states to the rest of asia which is becoming hungrier and hungrier so by two thousand and thirty that we're looking at about an eighty billion dollar investment to be necessary into asia and from the sale of gas and such products to the rest of asia so what japan wants to do is get in on the deal get the u.s. to be able to sell and export this energy source but japan wants to build the infrastructure so the pipelines the refineries excedrin so thi

kobe steel japan's third largest steelmaker admits that it faked data on. planes and bullet trains general motors boeing and toyota are among the firms checking their products also this week bubble trouble why the international monetary fund the winner of the nobel prize in economics a signaling danger ahead for the global economy. and the trevi fountain sponsored by luxury fashion brand fendi why without private investment many of italy's most important monuments risk decay. with planes trains automobiles and fake components japan's kobe steel says that it was faking data about the strength of products delivered to more than two hundred companies for the past decade it's a scandal it's unsettling the transportation industry worldwide general motors boeing toyota honda they all have to check their supply chains the manufacturer of japan's bullet trains says that it's already found parts supplied by kobe that failed to meet industry standards the one hundred twelve year old metals manufacturer said that further cases could come to light florence louis report

i met her many thanks for joining us japan's prime minister shinzo alba is on course to win a landslide victory after taking a gamble with snap elections liberal democratic party is set to retain its two thirds super majority in the lower house of parliament yet of a called the election last month to consolidate his government's position to revise the country's coast for constitution and tackle the north korean crisis. to me now from tokyo is journalist michael pan michael what's the latest from the count is on course to get his super majority. yes in fact as i sit here right now he's one seat away and there's about thirteen left of races left to call so it's very clear that the ruling coalition will have the super majority combining the seats of both the his party liberal democratic party plus their coalition partner come a time so you will have that. two thirds majority which will allow him to have enough authority to for example attempt to revise the constitution yes abbay wants to change japan's pacifist constitution what kind of japan is he aiming to create if he's it succeeds in p

kobe steel japan's third largest steelmaker admits that it faked data on parts used in cars planes and bullet trains general boats. boeing and toyota are among the firms checking their products also this week bubble trouble why the international monetary fund the winner of the nobel prize in economics is signaling danger ahead for the global economy. and the trevi fountain sponsored by luxury fashion brand fendi why without private investment many of italy's most important monuments risk. planes trains automobiles and fake components japan's kobe steel says that it was faking data about the strength of products delivered to more than two hundred companies for the past decade it's a scandal that's unsettling the transportation industry worldwide general motors boeing toyota honda they all have to check their supply chains the manufacturer of japan's shinkansen bullet trains says that it's already found parts supplied by kobe that failed to meet industry standards the one hundred twelve year old metals manufacturer said that further cases could come to light florence louis reports from t

well then where can japan and the u.s. cooperate on energy then you can talk about infrastructure of course without talking about energy and energy really as as you mentioned is that is the big thing here so japan they're not really in need of gas as much as people would think you know their their nuclear industry is or they're the reactors are popping back up after fukushima not necessarily the brightest they also renewable energy is big on their plate for japan itself but japan is a great way of getting light to getting natural gas and shale over from the states to the rest of asia which is becoming hungrier and hungrier so by two thousand and thirty that we're looking at about an eighty billion dollar investment to be necessary into asia and for the sale of gas and such products to the rest of asia so what japan wants to do is get in on the deal get the u.s. to be able to sell and export this energy source but japan wants to build the infrastructure so the pipelines the refineries except for so this would be a great way

-japan alliance. it looks like he is ready for a couple more rounds of golf with the president when he visits . month.ts next haidi: voters had to break the bad weather to vote. what is the latest on the thai phone? -- the typhoon? yvonne: heavy rain and wind gusts when we were heading to work today. the good news, it has weakened from the category two storm as it made its way from the south. we have some plans, toyota canceling shifts at its plants. airlines, japan airlines canceling hundreds of flights. ana also. overall, we can see more cancellations as the rain comes through. on the also weigh turnout. according to some tallies, we saw the second lowest turnout on the selection since world war ii. the worst was 2014. usually when given low turnout, the lbre favorable for t. haidi: yvonne coming to us from tokyo as we try to assess the outcome of the national election. shinzo abe has potentially secured a super majority. a professor. great to have you. we talk about this potentially being a victory

lows in 11ing the months after japan suspended car registration in japan. alan referendum, ists say it is another shameful page in spain's history. this is "bloomberg markets." we had these purchasing managers indices out of china. gauge, five-year highs -- the unofficial passion days,n manufacture slipping to 51.6. the prithe deficit that has from the official one. we have some of these large firms distorting things. large firms are feeling bullish. so.l firms less tailored toa move shore up the economy. pboc announcing it will reduce the amount of cash the banks must hold in reserve. the economy where it has been scarce. it's not the only pmi's we have had. the few places in asisa, --asia, the markets are trading. most closed for a public holiday. pmi in japan. haidi: we had the pmi data from the nikkei business morning. we had japanese stocks building on gains. boding well for corporate warnings in japan -- corporate earnings in japan. we we ending higher and sellingng for seleign for chinese stock g -- for ringgit stocks down. is sliding except for the

the polls close in japan as the prime minister shinzo up a six to become the country's longest serving leader since world war two. hello again i'm peter dhabi you're watching al-jazeera lifeline headquarters here in doha also coming up past. the people cannot accept this attack but standing their ground hundreds of thousands of catalans protest against spain's move to take control of the regional government. the u.s. secretary of state rex tillerson in saudi arabia in a second bid to end the gulf crisis without high hopes of a breakthrough. and we investigate what the turkey was the target of the massive bomb attack in somalia. the polls have just closed in japan's snap general election people across the country braved the typhoon to vote in the poll which prime minister shinzo of a called a year earlier than had been expected he faces opposition from form a government spokesman and pacifist candidate. obvious seeking a fresh mandate for his agenda including so-called abba nomics in his trademark policy aims to it revives japan's stagnating economy is facing massive debts and slow wage

two people have been killed as typhoon lan moves across japan. officials have advised people living near the coast to evacuate to higher ground. the powerful storm is slowly moving northwards up the japanese archipelago and is expected to hit the capital in the coming hours. hundreds of flights and train services have been suspended. argentina's centre—right governing coalition is on course for victory in mid—term congressional elections. the result will strengthen president mauricio macri's position as he seeks to push forward with his programme of economic reforms. the most closely—watched race was in the province of buenos aires, where the former left—wing president, cristina fernandez de kirchner, is set to win a seat in the senate. russia's opposition leader has addressed an unauthorised political rally in the southern town of astrakhan, hours after being released from prison for organising illegal protests. a vocal critic of president putin, alexei navalny has been banned from contesting next year's presidential election because of

stephen naggy is an expert on japan and stephen for the electric torch of the biggest he is here. big issues this time around of course the security especially in light of the nuclear missile the missile tests coming over japan by north korea second is economics japanese citizens are very concerned about the direction of japan's economy and this is related in part to its demographic issues how can the economy more be more attractive be more vibrant more productive and allow ordinary japanese people to have larger families and those larger families will help deal with some of those demographic concerns that ordinary japanese citizens have dismissed promising more of the same or anything new. well i think over the past six quarters he's had some six quarter six quarters of economic growth three million jobs have been produced there's more women in the workforce part time wages are up for part time workers but this is all in the urban centers of talk on the big cities that the rich rule areas are really struggling are struggling from an exodus of young people from elderly population

we can start with the japan times. it says his gamble on the snap election paid off but the paper warns that even as he emerges stronger, he faces a divided nation. the financial times also leads with — as the paper puts it — mr abe's ‘thumping' victory. and this picture of the smiling prime minister. the ft says he won a ‘sweeping mandate for reforms'. and finally — the straits times says japan voters have strengthened mr abe's hand, but it also points to the latest surveys which show that even now more japanese disapprove of mr abe rather than support him. that brings you up to date. people in south korea are tempted to get on with their daily lives despite the threat that lies across the border. mark lowen has been gauging reaction to the situation from south koreans attending the military airshow over the weekend. mark lowen gauging the mood. the spanish government has rejected accusations from the regional authorities in catalonia that it's carried out a coup by moving to impose direct control in the wak