japan and the u.s. say america's presence here is needed to keep stability in a region where tensions with china and north korea are rising, but the city's mayor told us he wants the u.s. military to leave. >> it's true that both the japanese and american governments view us as the strategic point of military presence, but i think that also means we can be a hub for international trade and cultural interactions. >> the new base, he says, could ruin that potential. >> the planned airfield will destroy the beautiful nature in the area, and it will obstruct our future development. >> it's about a 60-minute drive south from henoko where the new base is supposed to be, to futenma, which is the base it's supposed to replace. we're gonna to head down there to see what residents here are worried about coming to their area. >> kazunobu akamine can see futenma base from his roof. he gave us this video, showing an osprey flying over his neighborhood, setting off alarms. the u.s. military says it's cut back flights

on wednesday in japan, i'm james tengan from tokyo. we start by taking a look at the day's head stories. >>> president assad made an up expected visit to moscow to ask putin for continued military support. >>> the united nations refugee agency raises concerns about the growing number of people flowing into europe as winter approaches. >>> u.n. secretary general ban ki moon made a sudden trip to the middle east trying to bring an end to the continuing violence between israelis and palestinians. >>> and china and members of the association of southeast asian nations wrapped up two days of talks focused on the issue of the south china sea. >>> syria president assad made a surprise visit to moscow. he thanked russian president putin for conducting air strikes. russia launched the attacks against alleged islamic state militants in late september. the kremlin says the meeting took place tuesday expressing gratitude to russia's leadership and the people for unity and independence. assad is quoted as saying military strikes against the treasur

and japan. nhk world reports from southern luzon island. >> combined elements of philippines and u.s. will simulate operations in a literal environment to exercise their ability in amphibious boat raids. the joint military drills began this month in the philippines. along the south china sea. about 2,000 marines from the two countries are taking part in a variety of training exercises. including one simulating the retaking of an island from enemy forces. the philippines is now hurriedly stepping up its military cooperation with the united states and boosting its naval power. behind this move, is a sense of crisis. over china's increasing presence in the south china sea. china has been conducting a series of landfill projects in the disputed spratly island and building facilities on the claimed land. an analysis by a british research institute announced last month shows that china has completed a 3,000-meter air strip in the islands. that's long enough for military aircraft. once the runway goes

under the tpp will play a significant role in the development of japan's economy. >> he said japan's business community will help boost the farming sector by promoting agricultural exports, but the head of japese farmers union said food producers are worried about difficulties they believe the free trade deal will bring. the president of the central union of aggravated assault right lane cooperatives called for comprehensive measures to remove their concern. the tpp covers a wide range of areas from industrial and farm products to pharmaceuticals. one of the biggest sticking points was the period for protecting data on drug development. the united states has a large fapharmaceutical industry worki to develop new medicine. they sought protection for 12 years and other emerging countries wanted five years or less, and they agreed on eight years of effective protection. the focus of talks in the automobile field was the so-called rule of origin. this rule sets a ratio of parts produced in the tpp countries that automobiles must have to be tariff free. the negotiators decided to set the

in japan, there's a severe tropical storm over the water. this is now a severe tropical storm packing winds of 108 kilometers per hour in the center. it's a large system, so although the center is located over the water, the kung fu region is experiencing breezy conditions. this will likely be a strong typhoon thursday and affect many parts of northern japan. as a low pressure system, it's excted to move over the northern islands or eastern portions, so windy and stormy conditions are expected. winds up to 162 kilometers per hour, strong enough to cause structural damage. waves will be extremely huge, 9 meters are expected, and additional 200 millimeters likely for many places. that's a lot for the area. it's actually not a slow moving system, so conditions will likely improve by late friday and sunny conditions for many areas saturday. rainy weather continues in eastern china and cold there is blanketing mongolia and northern portions of china. morning temperatures will be only minus 5 degrees thursday and minus 3 degrees friday, and the co

-- japan. the tale is impressing and inspiring and it's hard in his determination to tell it. while he expresses a commitment as a journalist and historian and not emotionally and task to the individual stories to be told he admits his commercial -- personal connection with tony. harding is well-suited to show his liking of patriotism. stephen harding so they see out their bakeries books including the bestseller the last battle. he is a longtime journalist specializing in military affairs for two decades use on the staff of soldiers the official magazine of the u.s. army reporting from northern ireland israel egypt new zealand bosnia kuwait and iraq. he is the editor-in-chief of military history magazine and his contributions on the defense topics in aviation military and airtime history have appeared in the "san francisco chronicle" and the smithsonian world war ii defense weekly and air enthusiasts. he currently lives in northern virginia. and without further ado, stephen harding. [applause]

upheld a claim by japan against china. japan previously complained on rare earth exports. japanese cabinet ministers are drafting a basic plan for developing the arctic circle. global warming is causing the ice to recede raising interest in access to natural resources. japan plans to join talks on setting new international rules to avoid friction over natural resources. government officials say japan needs to play an active role in arctic development. they say new reserves of natural resources may be discovered in the area. a new sea route could shorten navigation distance by about 40%. calling for cooperation to exploit the benefits. arctic development could cause disputes. the officials say japan should engage in discussions to establish new rules and promote dialogue with russia. the cabinet minister is there to decide on a basic plan on friday. >>> time to check on markets. u.s. stock prices dragged down by a plunge on wal-mart shares. shed to 16,924. now for more on this let's go to the tokyo stock exchange. so we saw a lot of corporate news from the u.s. how is that

and japan. >> we're joined with these partners like japan. this will also strengthen our maritime security cooperation. >> reporter: the joint drills have helped protect the stability of sea lanes and addressed shared concerns over stopping china's activities. >> all of these forces are coming to india for the simple reason that we want to work closely with india and japan. together, we can accomplish much for the benefit of this region. >> reporter: i'm here with the joint exercise. india is demonstrating strategic policy of forging closer ties with japan and the u.s. >> prime minister modi has to make efforts for sustaining the peace and stability on the high seas. since the levels of u.s., japan and india coincide on the freedom of navigation and on the global commons. >> reporter: with asia's security environment changing, ties between japan, the u.s. and india are being closely watched. jun onozawa, nhk world, the bay of bengal. >>> japan's aging society has seen more pets abandoned as owners become too old to take care of them or pass a

policymakers at the bank of japan will meet on friday. some analystsing expect the boj to follow the path of the federal reserve. the federal reserve is expected to stand pat on interest rates this month. >>> thanks. moving on to other markets in the asia-pacific region. investors in china cheered the rate cut. the shanghai composite added a half of a percent. some are expecting more stimulus measures as the communist party meeting gets under way. taiwan climbed at 82% for a gh. hong kong slid 0.15% reversing earlier games. indonesia closed at it highest in more than two months. kospi ended at a three month high. >>> japanese business leader has called on south korea to join the transpacific partnership. member countries in the free trade pact reached a broad agreement earlier this month. >> translator: economic partnerships will gain even more importance in the field of global trade. so japanese business leaders have great hopes that south korea will join the tpp. >> he was speaking at annual talks with south korean business leaders in t

state of japan's economy. gene from the business desk has our details and a wrap up of today's headline, gene? >> thanks, james. the picture is mixed. the central bank's survey says the mood worsened for major manufacturers, but improved for nonmanufacturers. boj officials polled 11,000 firms through late august through seventh and lists percentage of respondents who say business conditions are good compared with those who say they are not. the survey shows the headline index for big manufacturers sentiment is down three points to plus 12, the first decline in three quarters. analysts attribute the lower figure to the economic slow down in china and other emerging countries. on the other hand, brisk spending by foreign visitors boosted sentiment among major non-manufacturers. their index was plus 25, up two points from before. it's the highest level since november 1991. sentiment for small manufacturers up changed at 0. index for small non-manufacturers was down a point to plus 3. economists at the world trade

for that, i guess, japan has to make it extremely clear and repeat it again and again that japan's interest is economic and not beginning to involve the military spheres. >> reporter: but he warns that iran's business conditions are murky and could cause risks for foreign investors. he said japan and other major powers should team up to ensure they get the best terms. nhk world. >>> people in a fishing village in northern japan celebrated a homecoming of sorts. they welcomed back the remains of some sacred objects, shrine gate, swept away by the 2011 tsunami and traveled all the way across the pacific. nhk world has more. >> reporter: a tiny fishing village was hit by a giant tsunami four and a half years ago. residents here have been waiting for this day for a long time. the two wooden crates are on the last leg of a journey to the united states and back. inside are part of two gates. people had thought they might never see them again. >> it's amazing they traveled to the u.s. i'm really happy to see them. >> translator: i'm surprised they came back, and i'm grateful to everyone. >> report

japan claims them. the japanese government says the islands were illegally occupied after world ward ii. they are working to the aims of a joint statement from abe and putin in april of 2016. the leaders agree to proceed with negotiations towards a peace treaty and to try to find a mutually acceptable solution. he wants to pave the way for a visit to japan by putin later this year, and the japanese diplomat visits russia as western nations are weary of tokyo's dialogue with russia. russia supports syria's president assad. the leader of japan's junior ruling party is trying to build closer ties with south korea, carrying a message of friendship from minister abe. he delivered abe's message at the presidential palace, and that message highlights peace and stability japan and south korea maintained since normalizing ties in 1965 and speaks of hope the two countries will build a better country together. they gave hope to abe saying they want a summit with japan in china to make it a ses. the last try way su

on a monday in japan. here are some of the stories we're following at this hour. >>> the latest gdp data out of china shows the country's economy grew by 6.9% in the third the quarter the lowest in 6 and a naval years. >>> members of japan's maritime self-defense force are taking part in joint exercise with their u.s. and indian counterparts. >>> and one community in japan is stopping the killing of unwanted pets. >>> we have the latest data on china's gdp in the third quarter. gene otani has the latest details. >> chinese officials say their country's gross domestic product in the third quarter grew by 6.9% year-on-year. they suggest the economy has lost momentum. the gdp during the july to september period was down 0.1 percentage point. that's the lowest since the first quarter of 2009. officials in beijing have set their annual growth target at around 7%. they want to shift their focus to the quality of economic expansion rather than speed and want to move the economy away from reliance on exports to on

this has become a familiar site in japan. this former appliance store has installed a dedicated cash desk for chinese customers. it has rearranged high-end rice cookers which are popular among them on more visible shelves. and there are many signs in the stores saying "made in japan." when tourists come to japan, they usually fly in, but many chinese visitors are now arriving not only by air but also by sea. a major american cruise operator offers the tour with a variety of onboard facilities such as restaurants, a casino, a theater, and even a robot bar. from this year, foreign tourists will need a visa if they're traveling on a cruise that's been given prior permissions. that's why tourists like that are becoming popular, especially among families. >> translator: the travel costs are reasonable, and the economic slowdown isn't having a big impact. >> translator: we don't have to worry about where to stay or where to eat, and there's plenty of entertainment. >> reporter: share prices in china have plunged, and the economy ha

>> there is tremendous animosity between china and south korea and japan. they see him as a closet militarist who will not take responsibility. between north korea -- south korea andjapan . >>for methe incredibly particularly with the comfort women. shoes, -- has massive massive issues, as well. and a lot of the resentment is genuine and there is a lot of suspicion. -- he has made statements whether he believes that japan was responsible for the war. and the war -- is there andment refused to meet with him and it was only last year that he had a meeting with xi. andt has taken ages four he abe to me. is it personal? >> they are coming to the realization -- they still feel threatened by the fact that they cannot control korea in the nuclear threat is growing. they are three major economies that are slowing. china -- we saw japan reach out to china. they have come to the realization that issues are there. surely china is on the agenda? park has built a good relationship with xi jinping. attended that parade in beijing. abe was not there. abe and refused to me

we are seeing disappointing numbers in japan. stock markets are kicking off the month in the positive with the nikkei at 17,421. for the month the nikkei lost nearly 8% in september. you can see that stocks are on a down trend and the same thing is happening in new york. u.s. stocks saw relief rally yesterday. the volatility is likely to continue here in tokyo this month, as well. analysts were expecting the bull run to continue because they are confident. with renewed uncertainties earnings might come in slightly or below initial expectations. one dealer i spoke to said the nhk nikkei is unlikely to move lower. >> how about currencies? traders expecting the dollar to move higher or lower this month? a bit of a broad question. >> basically sto analys and currency dealers are saying that there is too much uncertainty. here is how the dollar/yen moved. it's a bit sluggish. one i spoke to said the dollar will be around 120 yen this month because the chinese economy is not doing well. we don't know how much of an impact the volukswag

>>> here in japan, it's 7:00 p.m. on a thursday in tokyo, and welcome to "newsline," here's the stories we are following this hour. >>> the u.s. navy's top officer says the chinese government has no claim to waters around its artificial islands in the south china sea. >>> a court has awarded plaintiffs damages over aircraft noise at a military base in western japan, but rejected a demand that night flights be suspended. >>> a young couple has filed a lawsuit claiming that a civil law prohibiting a woman remarrying six months after divorce restricts their lives and freedom. >>> the u.s. navy top uniformed officer emphasized belief in freedom of navigation rebutting the chinese claims over the south china sea and that warships will share there. admiral richardson is paying his first visit to japan as chief of naval operations. >> we're a global navy and shouldn't be a surprise to anybody that we will exercise freedom of navigation through wherever international law will allow, and so we do this routinely in the world, p

tuesday in japan, glad you could join us in japan, i'm james tengan in tokyo. we take a quick look at the hour's top stories. >>> the battle over relow itting a u.s. military base in southern japan is heating up. the governor revoked permission for land reclamation work on the project. u.s. forces have begun air dropping weapons to armed groups fighting militants in syria. >>> and when disaster strikes in japan, foreigners sometimes find themselves left in the dark. local officials are taking steps to change things. >>> plans to relocate a u.s. air base in southern japan hit a new hurdle. the governor revoked approval for land reclamation needed for the frojt. japanese government leaders say the relocation is necessary to enhance the japan-u.s. alliance. nhk world has more. >> reporter: okinawa governor said the approval given by the predecessor was legally flawed and authorized a document declaring it invalid. >> translator: we will continue arguing our position, which we believe is correct. we will gain the understanding of both people in okinawa and in japan

japan claims them. the japanese government says the islands were illegally occupied after world war ii. sugiyama hopes to move discussions forward based on a joint statement issued by shinzo abe and russian president putin in april, 2013. the statement said the leaders had agreed to proceed with negotiations toward a peace treaty and try to find a mutually acceptable solution. sugiyama wants to pave the way for a visit to japan by putin later this year. sugiyama says it comes as western nations have grown increasingly wary of japan's dialogue in russia which supports syria's president bashar al assad. >>> japan's prime minister shinzo abe has shuffled his political deck and brought in some new members into the cabinet. he says they'll put top priority on the economy and compile a package of measures for building a society where all people can be active. >> translator: a new team is a cabinet that will be able to tackle all future challenges, and we will pave the way for a society for the nation's 100 mi

the next targets are taiwan in the southwestern islands of japan. the areas will feel stormy conditions over the weekend. some areas will see an additional 100 millimeters or so for the north. we are looking at continued thundershowers and also stormy conditions, at least into thursday, and possibly into friday across the north of the philippines and taipei islands seeing stormy conditions saturday. now, a high pressure system's in place bringing gorgeous weather across china, the korean peninsula and japan, and temperatures are pleasant, 24 degrees, but nice blue skies and tokyo at 22 degrees for the high on wednesday. mexico has been dry in the south of mexico so drought is occurring. look at the video coming out of this region, the lack of rain and continuing drought in southern mexico caused an abdon building of the past to reappear. the 16th century church structure known as the temple of santiago was visible after the reservoir water submerging it receded. the levels dropped by 24 meters. the last time this happened was back in 2002. very good

japan's concessions were considered fairly minimal while japan will have even lower barriers to entry into the u.s. auto market. ford motor has complained the t.p.p. does not do enough to counter currency manipulators. some u.s. lawmakers wanted stronger and enforcible language in the t.p.p. on currency that wasn't in the final signed document. that will have to be negotiated separately outside the t.p.p. nevertheless, president obama will try to sell this one hard in his last year in the oval office as a cornerstone of his legacy as u.s. president. >> well, naturally we'll be covering the t.p.p. deal through the program. we do value your opinion. tweet us your thoughts at rishaad and include that hashtag trending business. australia out with a worse than expected trade deficit, more than $3 billion for august. let's get the view from sydney. we'll get a look at what is ehind this weak result here. >> it was, rish and is a story about imports really off 1% and the aussie dollar has been weakening recently as well so the exports more expensive. we have a trade deficit for august of 3.0

but in broad terms, japan, the u.s. and other countries have reached a conssus. >>> asian markets showed some strength following a weak jobs report out of the u.s. last week. tokyo stocks recovered to the 18,000 level for the first time in about two weeks. for the details, we go to our business reporter, yan nguyen, at the tokyo stock exchange. >> reporter: here in tokyo, markets rallied after u.s. jobs data came in well below estimates on friday. many now speculate that the federal reserve won't raise its key rates any time soon. and hopes in the tpp talks also helped investor sentiment. take a look at the closing levels this monday. th nikkei surpassed the 18,000 mark, adding almost 1.6% to finish at 18,005. the broader topix index gained 1.3%. shares rose in companies that benefit from a tpp deal. hino motors led, up 4.5%. prima meat packers up 6%. investors also bought trading houses like itochu, betting that global trade would benefit from the deal. deregulation could help pharmaceuticals as well. shionogi up 3%. a

here japan, the bank of japan governor will hold his news conference friday. we may see asian industries move slowly and quietly ahead of policy announcements from these two central banks. let's see how the benchmarks are open at this hour in the asia pacific. the kospi is down about 0.3%. australia is barely in the positive. we are seeing a weak morning here in the region. >> obviously, a lot of focus on the central bank meetings keeping investors sidelines. we have the earnings season has got under way here in japan. surely those numbers will affect markets and investor sentiment, as well. >> very good point. we are expecting about 800 listed companies to announce their earning during the week. today major firms like canon will release their numbers. we may watch the auto sector. japanese automakers likely generated record high profits in the april to september period and remain despite sluggish sales in asia. automakers are seeing strong performances in north america. also getting a boost from the weaker yen. tod we'll follow suzuki and mazda. let's look at

russia controls and them japan claims them. >> translator: i strongly claim japan's basic position, but at the same time, russia also claimed their position. this is a tough situation. >> reporter: japan's basic position is the islands are in an inherent part of the ter tor illegally occupied after the war. russia maintains it became their territory as a result of the war. leaders of the two countries agreed to start peace treaty talks in 2013 to try to find a mutually acceptable solution. japan's deputy foreign minister was in moscow trying to lay foundations for more senior talks and hopes putin will fly to japan later this year, but the meeting came at a time when russia is boosting its military presence in syria in support of president assad, and in relation with western nations already frosty over the ukraine crisis are worsening. >> it's not time for business as usual with russia. >> reporter: japanese leaders are faced with a balancing act as they try to resolve the territorial issue while western countries become increasingly weary of tokyo's dialogue with moscow. nhk world. >>

japan face scotland next and briefly led the game after a try. but scotland beat japan 45-10. back on form against samoa in the third match. the winger went flying over the line to help japan win 26-5. after waiting nearly a quarter century to win its second world cup game, japan took three in quick succession. and the victories have fired up a passion for rugby back home. >> reporter: the next world cup takes place four years from now in japan. rugby fans will be watching to see whether home advantage will help the team go even further. nhk world. >>> japan's automakers have been struggling to deal with slagging sales for years. model changes and upgrades won't do it anymore. some are calling for a revolution in the way we travel. nhk reports. >> reporter: electric transport on three wheels. toyota claims this is the future of city driving. zippy and stylish, the i-road allows all-weather driving and no helmet required. it's about 90 centimeters wide, slightly bigger than a motorbike. a three-hour charge offers enough juice to run 50 kilometers. toyota is giving customers a y

japan's finance minister taro aso and bank of japan governor kuroda are attending. ahead of the talks aso met with his chinese counterpart. the finance ministers and central bank chiefs from japan, china, and south korea then held trilateral talks reserve after these sessions the three nations released a joint statement including a call for strengthening cooperation in finance, including providing funds in financial crises. the statement also suggests promoting structural reforms to boost economic growth. >>> the u.s. central bank has released the minutes of the federal open market committee meeting on september 16th and 17th. now the minutes show policymakers held off on a rate hike last month out of what they call prudence. federal reserve minutes show most members thought conditions for tightening are being met but they were concerned about the effects of china's slow-down on the global economy. market expectations what risen before the meeting. it was thought the fed would start raising the key interest rates after keeping it near zero for nearly seven years. th

of typhoons is growing, especially eastern japan. they are seeing more typhoons. >> reporter: this firm developed a new insurance product that pays out according to the number of times typhoons pass through. a company takes out the policy paying about $2500 to insure against typhoons passing within 200 kilometers. the policy pays out if a typhoon passes once. the second time the payout increases. the insurance is limited to a payout of about $14,000 for a maximum of five typhoons. >> translator: a lot of companies see their profits slashed due to the passing or landing of ttyphoons. hotels, for example, we're getting inquiries from them. they say they want to hedge their risk of clients making cancellations. >> reporter: measures to deal with the impact of typhoons are becoming indispensable for averting risks and for sustainability of companies. as weather becomes more extreme, these measures will grow in importance. >> that's all for business news, i'm going to leave you with the markets. >>> registrati >>> rescuers look for surviv

with an iconic symbol from japan, mt. fuji, and emphasis on unity, this shows regularby and japan and world brought together. >> the chairman of japan's rugby association said he was pleased that a 2019 tournament will be held in asia. >> translator: as the ho nation, we'd like to organize the event with confidence and pride. >> the games start september 20th in tokyo, and a final match will be played on november 2nd. >>> and that's it for this hour of "newsline," on behalf of our team, thank you for staying with us.a a a oyj4j8j8j8jç9ç9 frenchs 1:00 p.m. in the capital. these are our top stories. internationalin talks over syria for the first time. this is washington is ready to engage its -- europe's migrant crisis continues. austria says it will build a fence along its border with slovenia to stem the thousands traveling across the country to reach your.

some is coming to japan where it's causing unexpected headaches. this nonprofit organization offers consultations for condominium management. it's receiving more and more inquiries about foreign condo owners who do not pay management fees. >> translator: people who come to seek our help say they do not know how to urge chinese and other foreign owners to pay their overdue fees. in one case, the elevator of a 10-story condominium has been out of order for days because unpaid fees have made regular maintenance impossible. >> reporter: analysts see no immediate end to the flow of chinese money into japan. investment is concentrated on prime urban locations, creating fears of rising property prices. >>> and that's it for business news for this hour. i'll leave you with another check on the markets. >>> the defense chiefs of japan and south korea say they'll work closely with the u.s. to deal with north korea's possible missile launch. gen nakatani met with the south korean counterpart han min koo on tuesday as leaders in pyongyang recently suggested th

and japan's retailers are taking steps to help them spend even more. this major department store in central tokyo has opened this new section selling cosmetics, aimed at the city's hordes of foreign shoppers, as well as japanese. booths are filled with japanese brand name cosmetics. sales representatives say they sell well because of their reputation for quality. what they call the cosme annex is directly connected to this station. foreign guides are there to assist customers to find what they need at the newly built information center. >> welcome, could i help you? >> reporter: a tax refund center is right next door. >> translator: they have many choices and it's so convenient. >> translator: it's great that i can get a refund on the consumption tax right after shopping. >> reporter: department store managers say people from overseas are becoming important clients. >> translator: we have three times more foreign customers than last year. we hope that the number of foreign customers will keep growing. >> reporter: other retail stores and restaurants in

andg with dan postbank japan post insurance. -- japan closed bank, and japan post insurance. toyota overtakes book plug-in to reclaim his title is the world's biggest carmaker. from ar backlash widening emissions cheating scandal. let's get more. impact do you think? we're just beginning to see the beginning of the impact. that is absolutely correct. these figures we are seeing, the january through september figures, captured less than two weeks of the fallout from this emission scandal. you really are only just starting to see the beginnings from consumers if you saw any at all in the last few days in september. it's just going to make it more difficult for volkswagen to come back in the fourth quarter this year. manus: does toyota have a way to fend off vw? , so you have volkswagen having its own issues going through the last three months of the year. stop sale in many markets of the diesel models evolve -- involved in this emissions cheating. toyota has an ace in the whole of its own with the new pre-is hybrid coming out by the end of this year. ius hybrid coming out by th

japan managed to cling to the lead and clench the title. the japanese teams scored a total of 270.818 points. and runner-up, britain, edged out by half a point, and china was third. china came out on top in the previous six world championships. it's time now to check out the world weather. there is a new tropical system in the arabian sea. let's go to meteorologist johnathan oh on the latest track. >> hello. what was a deep depression is now moving into a storm moving closer to the arabian peninsula and has a name at this point because it is strong enough to actually acquire the characteristics. this is moving towards north, northwest at the moment, and you see the circulation gathering steam, and right now, this is the only storm we are watching at the moment. the storm is packing wind at 60-70 kilomers per hour with gusts up to 80. as it gets closer, it gets strong and will be extreme. it's something that is going to be a bit of a danger concern as we did into the first part of next week, and as itpproaches yemen, by the time we're in the

we'll have several earnings reports in japan as well. so a lot of focus for investors. >> that's right. and we're seeing a lot of earnings from major banks in the states and yesterday goldman sachs, really disappointing third quarter results, a drop in bond trading knocked down profit by nearly 40%. earlier this week jpmorgan released weak earnings. both of them are blaming volatile market records volatility may be the key for this quarter. and speaking of goldman, gold is back. the metal made a comeback as it recovered some of the year's losses. it rose to a four-month high in new york. so all in all, commodities are higher. the dollar is moving. and we're seeing stocks higher. so let's see if they can hold on to these gains throughout the day. for now that's it from me, back to you. >> let's see if we can hold those levels. that was high ju ushida live from the tokyo stock exchange. >>> whirling around like a merry go round, conveyor belt sushi has been popular since it was invented here in the 1950s. recently, though, some of them hav

we've seen q2 profits in japan up over 20%. jobs advertised in japan up year on year. we're seeing that japan, just like germany, is starting to benefit from tighter labor markets in the corporate sector. that's showing up in the bottom line, not necessarily in the top line macro data. rishaad: many of these japanese companies are multinational. they are doing well around the world, not necessarily in japan. sean: part of that is true. i think the corporate sector in japan has not had the problems that a lot of companies in korea and taiwan and the states have had. margin, that improvement in real incomes in japan, is starting to allow the domestic consumption story 2 -- rishaad: it's got to feed into the macro data. sean: everyone is starting to think about a q3 recession in japan. i think we might get a big surprise in consumption in the august data. year-ending into the japan starts to signal that there is some rebalancing. rishaad: as you put it in the paper, the facts don't fit. sean: unfortunately, i don't want to say because my job is influenced by macro data, b

but is it like japan in the 70's and 80's or japan in the 90's? japan had a decline in growth but it still did ok. of looking atay this demographic story is looking at dependency ratios -- ,ctive workers to old people how many active workers are supporting retirees? this chart shows china, south korea, japan, it is all worsening. is demographics just destiny? is her way to thrive and grow when you see this deteriorating dependency ratio? ebrahim: we are definitely seeing an inflection point. at the same time, we see a number of other developer that -- a number of developments. technology is a big factor. i'm not convinced demographics are destiny. so my answer is probably not. in the five year plan, china says it plans to spend more on big data and internet. can these sectors employ large swaths of the population the way the industrial sector did in years past? ebrahim: we still have to see the evidence. technology can be very powerful createjust does not that. alix: part of doubling down as they end up spending a lot of money. the fiscal balance

negotiators from japan and the u.s. eastern seemed set to accept a breakthrough on tariffs, but talks ran out of steam because the u.s. mid-term elections last november. president barack obama decided to devote his time campaigning for the party. after the election, his sights on passing a trade bill. it was tough going. after a drawn-out debate, the bill passed congress in june paving the way for the ministerial meeting. >> our james tengan spoke earlier with our business reporter kyoko fujita. he started her talking about the fundamental key agreement. >> theost difficult issue was the patent protection period for drugs developed using biotechnology. the u.s. wanted 12 years' protection whereas countries such as australia insisted on five years or less. american drug firms put pressure on the government because such drugs bring them huge earnings, but drugs require a tremendous amount of money to develop. another key issue was dairy products. new zealand wanted to export more, but countries including the u.s. were opp

better than expected out of japan. let us stay with japan now, as the market opens in tokyo. he joins us with the open indications. tracking a mixed performance at the opening, investors trying to go. we did get clarity from the federal reserve, and that is driving the dollar to its strongest level since august. i will get to the aussie and the kiwi in a moment. with the equity markets, just getting underway here, and this is what we are seeing. pointing to a higher opening in tokyo, and you are getting that now -- 9/10 of 1%. you are seeing the other index advanced today, as well. some other activity in wellington, new zealand. lower by 1/10. we did see the s&p 500 powered by banking stocks, to a two-month high. a filterhere could be through that industry group today in the asian-pacific. let us check in on the japanese yen, in the wake of the industrial production numbers. and ahead of the bank of japan meeting, and the result 12094, that compares with 121 levels yesterday. keep your eye on the currency to him and speaking of currencies, the aussie and the kiwi extending lo

according to japan's tourism agency, average spending of chinese visitors to japan increased more than 26% compared with last year. as you can see here in tokyo, local businesses are cashing in on tourist spending. >> practically buying up the store. thank you for that report. >>> as the number of chinese visitors to japan surges, many are now choosing to come on cruise ships. here's that report. >> reporter: chinese tourists buying in bulk. this has become a familiar sight in japan. this home appliance store as installed a dedicated cash desk for chinese customers. he has rearranged high end rice cookers which are popular among them on more visible shelves, and there's many signs in the stores saying, made in japan. when tourists come to japan, they usually fly in, but many times visitors are now arriving and not only by air, but also by sea. a major american cruise operator offers a tour with on board facilities such as restaurants, a casino, a theater, and even a bot bar. from this, foreign visitors do not need a visa if on a cruise that was given prior permission. that's why tours

draghi's comments come before his counterpart in japan and hopes force additional easing in japan is lifting markets, as well. the ecb expanded its qe program worth about 1.1 trillion euros and cut its deposit rate in the december. prospects of further easing pushed down european bond deals. as for government bond yields of germany, france spain and others, they all fell. >> you just mentioned the euro tumbled. it had been trading higher recently. but what are some of the current leks? >> you know what, the euro is actually trading at its two-month low against the dollar. market players will already been pricing in the prospects of easing but now many are saying draghi's comments yesterday are much clearer convincing signal they will ease at its meeting. it was trading at $1.13 level. so the euro dropped more than 2% in is 24 hours. the euro's week weak against the yen, around 133.98.p. and the dollar is benefiting the from euro traders sold the euro and bought the dollar. dollar gained at 120.96. almost 121 yen. and the last time we saw this level was a month ago. so the stronger do

bank of japan do? before governor corona came to power, which is maybe one of the reasons why the stock market is rising, will the government have a fiscal stimulus package? will there be a stimulus this month? the majority of economists we speak to say it will stimulate the economy, whether it happens this month, that is a different question. government advisers have been saying definitely there will be a feminist package, they're worried about how much it will be. those two factors are what are going to happen in the short term for the economy, whether that will be enough to put it on a proper growth path or not, that is another question. guy: james, glad to get your take. joining us out of tokyo. : later this hour, we speak to a former official from the ministry of finance. that will be at 6:45 in the morning. guy: that is a cool name. out ofre the markets asia, let's take a look at european data. what are we expecting? manufacturing in the eurozone, the first reading of spanish pmi for september, a

leading companies in japan released their half year earnings reports. retail and travel businesses reports strong profits due to a surge in foreign visitors, but the slowing chinese economy is hitting some industries. nbc securities compiled reports from 260 firms listed on the tokyo stock exchange. pretext profits totalled $44 billion, up 16% year on year in yen temperatures. firms of the retail sector reported an increase of nearly 43%. those in the land transport industry saw a rise of 16%. electronic makers up 18% because of sales, but steel and machineries suffered double digit falls, blaming sluggish demand caused by the chinese slow down. >>> auto makers are assessing the fallout from the volkswagen emissions scandal. many expect they'll be facing new demands from regulators to protect the environment. that will require some costly investment in the years ahead. nhk world reports. >> reporter: the volkswagen scandal is having major repercussions starting with the test method for car emissions. this is what happens now. inspectors put the car in a