in japan they're known as the northern territories. japan claims them. its government maintain an ininherent part of its territor and says they were illegally occupied after world war ii. the two countries didn't sign a peace treaty after the war because of the dispute. russian officials have been urging japan to take part in joint economic activities on the island, but japanese officials want to make sure that would not lead to recognizing russian sovereignty. a former russian ambassador to japan said he had a solution to that. >> translator: tokyo and moscow can join hands and come up with legislation to establish an economic zone where special legal and administrative rights can be recognized. >> shinzo abe and vladimir putin's meeting is scheduled for thursday and friday in japan. he pointed out the urgency of solving the dispute because they're getting old. >> translator: i will meet russia's president determined to resolve the issue in this generation. >> the group of oformer residents is optistic about the discussions with russia. >> translator: f

across japan, a powerful winter storm is expected to move over northern japan from tonight. it is causing a lot of severe weather, includingg very strong winds and also blustery conditions plus very snonowy conditions. in fact, up to 30 centimeters of snsnow could fall i in the nort areas. wind gusts could be as much as 130 kilometers. sorrrry, going to be typhoon-strength wind gusts. so the combination could cause blowing snow and blizzard conditions. the visibility will be very low and waves will be up through six meters and lots of events happen across the north tonight to friday. across the continent, thanks to a large hhh pressure system it is going to be dry but morning hours quite chilly due to radiation cooling. now, temperatures during the daytime hours are as follows. 7 degrees in beijing. 8 degrees in seoul and down towards the south 21 with partly sunny skies in hong kong. here's the extended forecast. >>> we now take you to the ancient japanese city of na tra which has been showing its wild side. ♪ a ceremonial horn at a shinto shrine brought 100 deer out of t

china, in japan. so we cannot save the species without joint cooperation. >> he said he wants city dwellers including tokyoites to understand the importance of biodiversity. >>> let's see what's making headlines in business news now. government officials in japan announced important data on the economy. ai uchida joins us from our business desk. what are are you seeing? >> we're seeing numbers on growth as well as those for trade and investment. let's start with gross domestic product. officials from the cabinet office, they have revised downward the gross rate for the july to september quarter to 1.3% annualized. the preliminary reading was 2.2%, so the revision means that the economy grew at a slower pace than initially estimated. and officials have also released the latest current account data. the balance there stayed in the black for the 28th consecutive month in october. finance ministry officials say the surplus stood at more than $15 billion. the current account balance is the broadest measure

the translation of my book in japan, the subtitle is origins of modern japan. the idea that nobody owns up to responsibility because they think that everybody is responsible, therefore nobody is responsible. it's still there and the fact that the origins in world war ii and pearl harbor for the fact that it doesn't get discussed, the problem is perpetuated in the environment of the cold war because america wanted a powerful ally in japan against east asia which by the way is still on and they don't want to upset the power that could rein in on this sort of more rebellious leftist type that can challenge the conservative order that was perpetuated despite the fall of the government many people stayed in power and the symbol of the japanese greatness was perpetuated in the position. it's nothing personal. i don't have anything personal against it. but the fact that they take it for granted that his institution was not responsible or that only a group of people who were tried were responsible to sort of evades the whole question of why did japan have to start the

japan has hosted several of the events in the past. in 2005, an expo in the prefecture attracted more than 22 million people from around the world. the meeting confirmed a plan to compile a draft report by next march that is necessary before osaka can officially file its candidacy. >>> japan's retail giant eon is hoping a newly renovated outlet in central tokyo will mark the beginning of a turnaround for the store. it was the flagship store of a leading japanese supermarket chain. the first floor opened on friday. the renovated store is targeting working mothers and senior citizens. the lineup of perishable food products has been expanded and a food court has been added where shoppers can dine and relax. the building was once the flagship store of daiye, the most profitable japanese supermarket of the 1970s and '80s.du i heyy,nnual sas reached about $170 million. but with growing competition, sales at daiye stores around the country declined. last year, they became a wholly owned company of eon. department stores in general in japan ha

/japan relations? >> it comes at an interesting time for prime minister abe and for japan and japan/u.s. relations as you mentioned. as we heard earlier, president obama visited hiroshima earlier in the year, and it was the first time for a u.s. president to make that visit there. in to sense you can see it is a reciprocal act by prime minister abe. but it goes deeper than that. prime minister abe's policy is looking shaky of late, particularly with the election of mr. trump who will be coming into office next year. there's serious concerns about the state of the relationship between japan and the united states. >> and just, you know, pushing on that point, you know, this is a time where we have seen the russian president visit japan. so, you know, talk to us just about the state of affairs when it comes to the u.s. relationship. >> reporter: well, the relationship between japan and the united states goes back a long way, and as we heard a little earlier on from president obama this is more than an all

japan time. tremors were felt in wide areas of eastern japan. the agency estimates the tremor had a magnitude of 6.3 and its focus was 11 kilometers deep. >> translator: things fell on top of me when the quake hit. i got a nasty shock. >> officials at the nuclear regulation authority say there are no abnormalities at nuclear power plants and related facilities near the epicenter, including the fukushima daiichi plant. the weather officials have urged residents around the epicenter to stay alert. they say quakes of the same strength could occur in the next few days. >>> with prospects for the transpacific partnership negotiations looking unclear, officials of the japanese and chinese governments have agreed to move forward with talks on another trade deal. wednesday with japanese deputy minister for foreign affairs katakami and chinese minister of comment gao yen attending. they agreed advance talks on the regional comprehensive economic partnership or recep. the 16 member countries of that free trade agreement include japan, china, and southeast

it glorifies japan's colonel rule and war of aggression. >> he says japan can only win the trust of its neighbors by facing its history. she was asked ahead of time about expected a angry reaction by south korea and china. she said the acts of expressing gratitude to those who dedicated their lives to their country would be understood by anyone regardless of their historical views. >>> nhk has learned that the u.s. military wants to resume midair refueling training of controversial aircraft in early january. the drills were suspended after an osprey crash landed in southern japan earlier this month. the osprey was destroyed when it wentown in s shallow waters off the coast of okinawa prefecture. the u.s. military says the crash was caused when an osprey propeller hit a hose on an air tanker during a drill. the fleet of aircraft was grounded after the accident for a safety review. flights were resumed less than a week later after officials said they didn't find any problems. the u.s. military told the japanese government it would resume refueling training afaft taking a number of steps i

the league branded japan an aggressor, and japan resigned, deeply hurt. therefore, said japan, the league's action was illegal. it was not unanimous. the secretary of state stinson was confirmed we had signed the pact of paris, which guaranteed china's territorial integrity. we sent an observer to the league. japan protested, finally consented. the league investigated. a, japaneseal nomur forces attacked 15 miles from a whohai, the same nomur talk to peace in washington while his colleagues in tokyo prepared for war. japan marched into shanghai, troops, columnists, propaganda, actually anticipating methods used in the conquest of europe. japan march out of shanghai at the insistence of the lead. she signed a truce with china on may 4, 1932. four months later, japan moved firmly into mongolia, sent out colonizers to follow the army into the conquered territory, and the public state of manchugo was in peril. the league branded japan an aggressor, and japan resigned, deeply hurt. japan moved further into china, pausing only for breath, japan inflated the muc

japan's prime minister abe has visited pearl harbor with barack obama. shinzo abe became the first japanese leader to stand with an american president at the site of the surprise japanese attack 75 years ago. the two honored the victims and others who died in war at the uss arizona memorial. they later underscored the reconciliation between their two countries. >> translalator: we must neveve repeat the horrors of war again. we, the people of japan, will continue to o uphold this unwavering principle, while harboring quiet pride in the path we've walked as a peace-loving nation over the past 70 years since the war ended. >> abe said the countries that were once enemies are now working together for world peace and stability. >> translator: japan and the united states, which have eradicated hatred and cultivated friendship a and trust on the basis of common values, are now, and especially now, taking responsibility for appealing to the world about the importance of tolerance and the power of reconciliation. >> president obama said the character of nations

this is the solemn vow we the people of japan have taken. since the war, we have created a free and democratic country that values the rule of law and we have resolutely upheld our vow never again to wage war. we, the people of japan, will continue to uphold this unwavering principle while harboring quiet pride in the path we have walked as a peaceloving nation since the war ended. to the souls of the servicemen an internal rest -- to the souls of the servicemen who lie in eternal rest aboard the uss arizona, to the american people, and to all of the people around the world, i pledge that unwavering vow here as the prime minister of japan. yesterday at the marine corps base in hawaii, i visited the memorial marker for an imperial japanese navy officer. he was a fighter pilot who was hit during the attack on pearl harbor and on returning to this aircraft carrier, he went back instead and died. it was not japanese who erected a marker at the site where his fighter plane crashed. it was u.s. servicemen who had been on the receiving end of his a

japan. it was going to take them 12 days to get to hawai'i, about a little over 3,000 miles. and during those 12 days, the united states was collecting clues of one kind or another that something big was about to happen. i mixed that we knew -- i mentioned that we knew that japanese forces were moving towards the southwest pacific. we knew that from consular and the chinese coast commercial ships. very hard for japan to mask the movement of those particular forces. we never knew about the advancing fleet that was also part of this military offensive. and -- but during the days there was considerable evidence accumulating that something was about to happen. in fact, if i might, 75 years ago today, december 4th, is when washington formally warned its outposts on guam to start burning secret documents and destroying the code machines. that is how much we anticipated that something was going to happen. along the way, of course, judgments were made, decisions were made, many cases incorrect ones,

york and japan, how serious are they about japan? good morning. as we say, japan is in many ways an unconventional choice. it's not a big destination for foreign listings. you have to remember that japan is saudi arabia's third-largest trading partner. of theanese horse some biggest lenders to saudi arabia in terms of funding the government and funding domestic projects. japanese countries are hard at work in saudi arabia building infrastructure, developing power plant. the ties between saudi arabia and japan are very strong. japan has clearly earmarked saudi is one of the countries in wants to boost ties with. there is undoubtedly some incentives that would be on the table to try to attract saudi arabia onto the japanese exchange. also with an ipo of this size, saudi arabia needs to attract investors and will probably do -- be doing the biggest ipo the world has seen. our understanding is that they are bidding for quite a few exchanges out there. one of the destination -- what are the destinations the saudi's are looking at? >> we heard earlier t

japan display is the top innovation corporation of japan. officials plan to invest about $637 million in the company by acquiring bonds convertible to stock. japan display's three main banks are expected to resume talk over providing loans of about $509 million once the decision comes through. the company makes liquid crystal displays. it was formed in 2012 through a merger of hitachi, toshiba, and sony. the company has been struggling to compete against overseas manufacturers. it plans to turn itself around by investing in organic displays, used in smartphones. >>> well, regional railroads in japan are working to get business back on track. that's because fewer commuters are using their trains as the population ages. so operators are offering something different, sight-seeing trains for leisure trips. >> reporter: sightseeing trains are making their way across japan. there are now more than 100 different types. >> we'll have good memories. >> reporter: many offer special services, like meals made with local ingredients prepared by top ranke

so he -- somebody told him why don't you go to japan and look around, and that was in 1941. i don't know why he didn't catch the last boat out, but he got caught in japan and he spent a nightmarish four years in japan -- the japanese cam pay tie which is their fbi, raided his rooms because in the japanese eyes, anybody from america was a spy. and he got drafted by the japanese army, and, you know, because of the fact that he was an american, he used to get beat up by the corporals and his superiors, and he just had a miserable time because he's not -- he wasn't accepted or trusted in his own country and goes to japan, land of his ancestors and he's treated like an american. you might say that his story was one of a man without a country. >> but your feelings towards him, you didn't know the story. can you share that? your feelings after the war not knowing that story, how you felt towards him and how you united as brothers, but your feelings were very different when you found out he was in japan, can you share that with us? >> well, you know, after the war he regained his fu

for japan and the rest of asia? >> obviously japan is very well geared toward a stronger u.s. growth and a lot of, you know, earnings comes from the united states, so a weaker yen as we saw from the latest tankan readings is a tailwind to sentiment which could boost nonmanufacturing sector in time. for emergie ining markets and emerging asia in general, it's a more complicated story. some of these countries are more vulnerable to increases in dollar funding rates and i think also the concern overall in the region is increased trade protectionism and how that might affect export earnings so japan relatively speaking is in a good spot, but we do have some caution for e.m. asia. >> i see. and how would the fed's move to hike rates, how would that affect, or influence, the policies at the bank of japan? >> well, i think the bank of japan is, frankly, quite happy with market developments so far. we think they're going to hold onto their, you know, long-term and short-term rate targets for the foreseeable future and keep monetary policy unchanged. i think if the dollar continues to

much of it comes from koichi prefecture in japan. visitors flock to local shops like this one. >> translator: the designs are wonderful. i just love looking at them. tra >> reporter: but in october local coral producers got alarming news. it came from a meeting of signatories on the convention to international trade in endangered species. concerned about the global design in coral reefs the parties decided to study the impacts of commercial harvesting. about $52 million work was harvested in koichi in 2015. officials there had already imposed strict regulations on coral harvesting. it's confined to the areas shown in pink on this map. the total haul has been limited to 750 kilograms per year. but local coral producers are worried the society's decision could shrink that amount even further. >> translator: i think more restrictions would hit the prefecture's coral industry hard. >> reporter: producers are faced with a tough question, how can they keep the local coral industry alive without threatening the future of the reefs? so they'

vow that we,olemn the people of japan, have taken. since the war we have created a , free and democratic country that values the rule of law and has resolutely upheld our vow never again to wage war. we the people of japan will continue to uphold this unwavering principle while harboring quiet pride in the walked as a peaceloving nation in the last 70 years since the war ended. to the souls of the servicemen who lie in a eternal rest above the uss arizona, to the american people, and to all peoples around the world, i pledge that unwavering vow here as the prime minister of japan. yesterday, at the marine corps base, i visited the memorial marker for an imperial japanese navy officer. he was a fighter pilot by the the name of commander fusata in pearl harbor. instead of returning to his aircraft carrier, he went back instead and died. it was not japanese who erected a marker at the site his fighter plane crashed. it was u.s. servicemen who had been on the receiving end of his attack. applauding the bravery of the dead pilot, they erec

and japan. there are very many technologies -- america has a lot of knowledge, many technologies, japan has much experience unique in the world to rebuild japan. -- creatinged better condition for hard-core technology and so on, would japan consider with the united states as a national security together in aing joint project to rebuild communities? i visited last week syria, jordan, turkey. jobs, education, multi-cultural communities, what type of technologies you offer. china -- there is a huge need to rebuild communities environment, energy, culture. it is a security issue. uniquend america are opportunity to do that. how would you address this today? japan spends a lot of money on trying to rebuild communities around the world. is not as appreciated as it should be for their humanitarian efforts that it makes around the world. that is unfortunate because they are one of the largest donors in the world to things like humanitarian relief and disaster response and preserving cultures around the

the agreement signed in november allows japan to export related materials to india. but a pakistani special envoy on nuclear policy says there's a weak spot. >> i think we would ask the japanese side to make sure that the fuel that you are providing to the indians is not going to be misused. >> he wants to join a global club of nuclear suppliers known as the nuclear suppliers group or nsg. the group uses a multinational framework to regulate nuclear technology transfers. in an nhk interview on wednesday, he said he had asked japan to support pakistan's bid to join the nsg. he said pakistan needs electricity two grow its economy and he added his country is looking for ways to produce nuclear energy with other countries. >>> thousands of people have taken to the streets in manila to protest the reburial of the philippine's former dictator. ferdinand marcos was given a hero's burial in november by president rodrigo duterte. 2,000 protesters marched to the gate of the presidential palace on wednesday which was also national heroes day. marcos ruled the philippines with a

japan which is bringing rough weather today. in fact there have been tornado advisories put in place across parts of the pacific coastline just toward the south of tokyo. heavy rainfall, winds could be gusting up to 120 kilometers per hour at times across the pacific coast of japan. if you are traveling today, bring an umbrella with you at the very least, there's diagnose going to be some heavy rain. warm air ahead of it. cold air diving in behind it. the classic winter weather setup will be in play. and even over towards sapporo. temperatures will be dropping, snow there for you. nagano as well. rain changing to snow. also if you are in tokyo, i know today it feels pretty warm out there. dropping down to more average temperatures. same in kyoto. a lot of people like to travel there during the new year's holiday. it's looking pretty decent but it's gng to feel muc more wiike, temperaturen sickngle dsingle digits. rough weather ontario towards quebec. blizzard conditions wer felt into bismarck and across north dakota. poor gentle

there have been a couple of criticisms, the head of japan's opposition democratic party japan criticized him a for talking about these while also ensuring that japan's defense spending is set to rise for the fifth straight year next year, so that was a criticism, and then we have the foreign ministry of china coming out and saying that japan can't really hope to put aside world war ii visit pearl. abe harbor, but rather a reconciliation with the rest of asia. thecan see in the criticism significance of the visit. coming out one the global stage yet again after hosting president vladimir putin, and he is making this move and solidifying his case as the leader in asia that is closest to the nine states, the leader that donald trump when he takes office should seek to engage and collaborate with. so let's get to the nitty-gritty. what did he say today? >> well, i don't know if it is so much what he said as the way he set it. it was an informal speech, 17 minutes long, and quite long by the standards of these things. the wording he used was formal, respectful, kind of like the sort of words

mr trump has threatened to pull us troops out of japan and even suggested japan build its own nuclear weapons. for mr abe, it has given even greater urgency to lay the ghosts of pearl harbor to rest. rupert wingfield—hayes, bbc news, in tokyo. 0ur correspondent rupert wingfield—hayes is in tokyo. given that mr abe faces an election at home, there was a feeling it might be token apology, it seems to have amounted to more than that. might be token apology, it seems to have amounted to more than thatm seems to have been very genuine. the language that the japanese prime minister used was perhaps more emotive than one might have expected from a japanese prime minister. emotive than one might have expected from ajapanese prime minister. he was very vivid in his description of the young american lives, sailors and marines, killed on that day in december 1941, of lives unfulfilled, children not growing up with their fathers. i think that was a real attempt by the japanese prime minister to repeat what president 0bama minister to repeat what president obama did injapan back in may when he

now, of course, the third arrow is very important for japan. it's absolutely necessary that abe and the administration in japan go about the reform efforts in a very aggressive manner to reconform the japanese industry and the way japan works. now, japan has a great advantage because one of the strengths is robotic and the robotic revolution is hitting the world and japan can take advantage of that trend. >> mark, up until now we've been pretty much talking about the positive view. where do you see the biggest risks in 2017? >> the most outstanding risk is the etf, the exchange traded funds. exchange traded funds have been growing at a very rapid rate. they now represent almost 30% of all mutual funds globally. these etfs, of course, depend on the index. they follow the index. they all follow the same stocks. and liquidity is drying up because of that. if something reverses the prices of these stocks and the etfs are forced to sell and they have massive redemptions, this could create a general panic. not only in the u.s. market but globally. so

this is japan's first research project in space. similar efforts are already under way in western nations. in february of this year, lux emberg also announced a natural plan to develop asteroid emberg plan to develop asteroid luxemb natural plan to develop asteroiplan to d er. >>> let me show you an example of what's happening in the region by taking you over into portland, oregon. look at this video of the slipping and sliding of cars. thousands of drivers were trapped in gridlock during their rush hour. thankfully, at least no immediate reports of storm related injuries at this point. but that cold air continues to grip the region, a low pressure area that's continuing coming along, it's like a train track coming into the western portions of the united states, and that moisture is training into the area, and we also have low pressure bringing in some of that cold air along with a high up towards canada. that combination makes it ideal when it comes to the snowfall possibilities. frigid air continues into friday. by saturday and su

we had the bank of japan meeting, the politicaltension. we had the bank ofjapan meeting, the last politicaltension. we had the bank of japan meeting, the last of the central banks to meet this year. china releasing its growth figure that it expects to hit next year. 6.5%. it is always 6.5! the chinese economy grows rapidly and slows down, there are interesting things, but the official numbers never seem to change. last year, when we kicked off, there was a panic about china having a hard landing and the currency was weak and oil prices we re currency was weak and oil prices were collapsing, but now if anything theissueis were collapsing, but now if anything the issue is the other way around, the issue is the other way around, the economy is strengthening, housing market is booming. we have seen a housing market is booming. we have seen a shift, which is what beijing has wanted to do. it has not been the factory floor, it is the services. the housing market. a lot of stimulus was thrown at china over the last couple of years, including curr

a check on corporate sentiment in japan. more on that in a moment. ♪ ,l betty: it is 8:30 in singapore. we are half an hour from the open of trading in lion's bidd ing. betty: it does look a little bit dark. i am in new york. you are watching "bloomberg daybreak: asia." japan'sdence among large manufacturers improve for the first time since june last year. as the weaker yen improves, sentiment in the boj's survey rose from 10 to 6. .n outlook up from 8 to 6 increase investment investment from the current fiscal year was below estimates. donald trump has laid the groundwork for congressional confirmation battles over his pick for secretary of state. exxon mobil ceo rex tillerson will be nominated by the president-elect. he says tillerson's experience running a global enterprise and relationships with world leaders are second to none. some question tillerson's close ties with russian president vladimir putin. oil has been trading among 17 month highs, shifting focus from production cuts to the chances of rebalancing global s

sayaka, i want to start off with japan. we had a chilly, but very sunny, nice day here in tokyo which is often the case around the end of the year or new year's in japan. but, sayaka, will this lovely weather continue through the new year's? >> i have some good news. nice weather will likely continue and tememperatures expected to rise. on january 1st, tokyo could see a high of 13 degrees, more like march. across the north, heavy snow is falling this moment. in fact, over the past 24 hours, nearly 45 centimeters of snow fell. as we go into morrrrow, condititions will be improving. that's good news. it looks like on january 1st, the conditions are going to be quite calm in many parts of japan, including sapporo as well as fukukoa. fukukoa could see the high of 15 degrees on monday and normally higher conditions continue into next week. let's go to china. a a couple of high preurure systems e caususing calmlm weatr in many plplaces ithe country. there's no rain inin most of th country. that's actually not good news. in beijin

japan's prime minister will visit pearl harbor late this month. shinzo abe will join president barack obama on december 26th and 27th to pay tribute to victims of the attack. we'll bring you more details as they come in. >>> defense officials in seoul say they're closely monitoring north korea for possible provocative acts following the adoption of fresh yooup sanks against pyongyang. >>> slapping stricter sanctions on pyongyang. the move came in response to the north's latest nuclear test in september. they have also announced their new measures. state-run media has been reported on kim jung un's units. officials in seoul are on the alert saying there could be another provocation from the reclusive nation. >> north korea may consider sanctions and a good opportunity to engage in provocation. >> the spokesperson issued a warning of retaliation. acts that sharply raise tensions would result in the north's leadership. >>> north korea will mark several five-year anniversaries this month, including the death of former leader kim jung il on the 17th an

forces japan saying that japan has made sufficient progress in the construction of helipads and roads in the area that were a condition of the return. vehementere is opposition in oak an hour to u.s. military presence, so what is the government saying about this? shery: there is a strong opposition to the u.s. presence, okinawans feel of -- feel a burden. we're talking about two thirds of the 38,000 u.s. troops in japan stationed on the island. there had been protests about these facilities being built around that area because locals were worried about endangered animals and plants. resentings have been u.s. troops there but this announcement coming as well after another decision by japan's supreme court to move another u.s. base to another location in okinawa instead of making the american base lead completely as they wanted. we have bittersweet victory here. the prime minister saying they want stronger ties with the u.s. and emphasizing that they do want to reduce the burden on the okinawan people. yvonne: after struggling to deliver consistent profits, japan's display has gone back

. >>> the leaders of japan and russia will meet for talks next week. the discussions in japan will focus on territorial issues, but they'll also look at ways to strengthen economic ties. >> they want japanese companies to help. nhk world finds out more. >> reporter: the delegation of russian industry and trade ministries made a rare visit to japan last month. they spent time at the machine trade fair. but he wasn't shopping for lint machines. >> he invited japanese plans to build plants in russia. he wants to join incentives for foreign investors including tax breaks. >> we want to add a new page to ties between russia and japan through the the field of machine robots technology. >> reporter: this machinery maker is one of the companies he talked to at the fair. it's started exporting manufacturing business to russia more than ten years ago. the automated machines allow factories to reduce manpower and equipment and boost productivity. in high level diplomacy may be the reason. >> translator: we think if leaders of the countries are moving up to cooper

we know the pace for japan is less than expected. despite her she but in the last day or two, we are seeing some signs of improved corporate governance plans in japan. i think that is beginning to create a bit of a tailwind for the market. the economy is picking up a bit again. a lot to do with the currency in 2016. it surprised people that we went through another bout of yen strength, which really had its origins in the growth wobble at the beginning of the year. aw that the yen is depreciating again, that is taking the lead off the economy, and we are beginning to see a little bit of improved impetus. there are investment opportunities as a result. anne: "bloomberg intelligence" went through this chart which shows inventory is coming down at the same time as industrial production is moving gradually adjusting perhaps for tightening demand generally for boating wellucts, into the end of the year, reportedly. weakness in the japanese currency -- we see a weaker yen. we see export stocks go higher on the japanese export engine. absolu

which unamended governs japan. mcarthur and staff wrote that constitution and enshrined those values in the japanese constitution. the japanese viewed this as so important, as a matter of fact one knew it was so important, they hand did this fan that the entire text of the japanese constitution and presented to general mcarthur and the token of thanks for what he had done. this has ramifications today out of the headlines of this year because article 9 which the mcarthur contains. and it says this, war is a sovereign right of the nation and the threat or use of force is forever renounces of settled disputes. the maintenance of land, sea, and air forces as well as other war ploeshl never be authorized. the right of blij ran si of the united states may not be recognized. the fact that the japanese have been reinterpreting this to mean collective defense against some of the geopolitical issues in asia these days has become something of a political issue in asia. because it raises the spector of japanese soldiers, sail

japan imposed this last round of sanctions against the north back in february. that was after pyongyang launched what experts believe to be a long-range ballistic missile. >>> nhk learned japan's government is planning to increase its cooperation with the global nuclear watchdog. it will work closely in taking measures against nuclear terrorism ahead of the 2020 tokyo olympics and paralympics. the government will send a state minister for foreign affairs to vienna next week and he will met with the director to discuss terrorism threats. japan hopes to share terrorism-related information with the group and receive information to prevent nuclear terrorist attacks. the iaea has been providing help to those hosting the games and world cup soccer tournaments. >>> japan's ruling lawmakers have cleared one hurdle to legalize casinos in the country. even though there were concerns from certain lawmakers, the controversial bill made it through the committee stage on friday. prime minister shinzo abe's liberal democratic party and some conservatives from the opposition ca

again, not just japan. always when you go through legalization of casinos, it is controversial because there is always some worry about the social part associated with that, but if you look at the economic benefit, it is almost a no-brainer because you see we are talking about creating a multibillion dollar industry that will help the employment, help tax revenue. it will help the tourism industry. if you look back why it takes time, more and more people realize that if you look at the , a successful model, it revolutionized the tourism strategy for singapore. impact, ineconomic particular in the tourism industry, it is enormous. sophie: integrated resorts is the way to go here? >> yes. overall -- rishaad: with all the social costs, you would have thought they learned a lot from that. >> i think, again, yes, that is why maybe it takes longer for japan to think about this initiative, because they look at the particular industry and probably focus a bit more on the adverse effects from the casino industry, bu

mr trump has threatened to pull us troops out of japan and even suggested japan build its own nuclear weapons. for mr abe, it has given even greater urgency to laying the ghosts of pearl harbor to rest. rupert wingfield—hayes, bbc news, in tokyo. i spoke just now to rupert. he told me prime minister abe's words appeared to be very heartfelt. it seems to have been very genuine. the language that the japanese prime minister used was perhaps more emotive than one might have expected from a japanese prime minister. he was very vivid in his description of the young american lives, sailors and marines, killed on that day in december 1941, of lives unfulfilled, children not growing up with their fathers. i think that was a real attempt by the japanese prime minister to repeat what president obama did injapan back in may when he visited hiroshima, that is to make a direct connection with the american people. by using that sort of election to convey in an american, emotive way, his feelings of remorse about the lives lost at pearl harbor. there was no actual apology, of course. how much does

troops stationed in japan. the japanese government has been criticized for giving the go-ahead for a new military base in okinawa. rishaad: spending $2 billion to boost maritime security, particularly around islands in the disputed south china sea. known byds are different names in japan and china, ships and aircraft regularly patrol the area. haidi: beijing has lifted the red smog alert, but china is demanding better coordination on a mission for the next time around. much of the north has suffered six days of choking pollution with error quality a levels -- quality levels above except a danger levels. people have been warned to stay indoors. rishaad: details emerging of cyrus mistry's against tata group. he is asking to bar ratan tata from board and board meetings. cyrus mistry was deposed as ratan tata returned to take control. you are watching "bloomberg markets: asia" i am haidi lun. .ishaad: i am rishaad salamat let's get you up to speed. we are seeing the nikkei underwater, down .2% into that lunch break

japan turned lower at the moment. it could be down to the fact that toshiba is down, pulling the index down. points are waiting when it comes to how big that drais, but that being said, that started trading and then the markets flips. zero .9% down for south korea. a quick check on the bond market in japan. you have a quote right now on the 10 year treasury and 10 year jgb. let me get this up and reflecting 56 should be here. 2.88%lia on the way up at . illustrated at .21%. when you look at the spread are looking at 235 basis points, record. have a look at this bloomberg chart to illustrate how quickly this gap actually widened. both sides of your screen take you all the way back to the last five. that is the spread between tenure treasuries and 10 year bondyields.- all these extreme play out into 2017. at some point, does something keep market honest? as we look ahead to the next few months. anchor: we are watching toshiba and how it continues to react to this news, but what other big stocks are you following today?

japan and i.t. holdings have come under criticism for accuracy of some of the articles. >>> turning to the markets, tokyo stocks advance after the dow jones posted another record high and boosted investor sentiment. more from the tokyo stock exchange. >> the gains on wall street stoke investor appetite for risk. in tokyo a weaker yen and markets ended higher for a second day. let's see the closing levels for this wednesday, december 7th. the nikkei 225 close at 18,496. that's a one-week high. the broader topix gained 0.9%. the stock saw more than 6% after ceo met with u.s. president-elect donald trump. shares of financial traded higher following a rally in italian bank that came on the news that the government is to take a controlling stake in one of the country's troubled lenders. mitt sue beeshy ufj and sumitomo mitsui gained almost 1.5%. oil refinery ideitsu and both companies managed to end the day higher. the european central bank is in focus on thurz. many investment support the bond. traders

do much forgoing to japan. the main importance of it was atually domestic, inputting -- in putting abe in a position where he could look at agriculture in japan. it served the purpose of that. but there are other deals to be signed, outside in the rest of asia. people are desperate to get trade treaties done. japan, it's agriculture, it's average, has got one of the lowest tariff rates in the world and can sign a treaty with anybody and come out better because of it. guy: nicholas smith joining us has been japan on what coming out of the boj this morning. what's recap some of the news we have been seeing over the last two minutes. we have a meeting between sergey turkish minister of foreign affairs. we are now hearing from the turkish side of the table, saying the russian embassy streets will be named after ambassador karlov following his shooting yesterday. countries appear to be trying to make very clear at this point that this incident will not affect the relationship, which had been strained over the last f

reconstruction of japan. his understanding of the asian mindset, his experience in asia, help them to do a remarkably good job in rebuilding japan as , and inatic country putting the bitterness of the war years behind us. host: we have a call from rubber in north las vegas -- robert in north las vegas, nevada. guest: i appreciate your program. i have two quick questions. atr book, is that on sale barnes & noble, or do i have to order it? ian: yeah, it's on sale wherever you can buy books. guest: good. well i'm going to read that. i was on enough to remember world war ii. not old enough to fight nazi germany with all her relatives. i did join in the korean war. the 11th naval district on the destroyer division. questions -- i understand that when pearl harbor was bombed, there were more than 130,000 japanese living in hawaii. i never heard it there were any spies or not. that was my first question. question, i understand it comes up every so often, china is still waiting for japan to apologize to them for the

staff are using nine different robots developed in japan and abroad. the devices help rehabilitate patients with paralyzed arms and legs. the hospital rather than the patient is shouldering the cost of the program. this is a learning opportunity for the e staff members. >> translator: robots can repeat the same movemements over and or without t making mistakes or getting tired. we think they are the best training equipment. >> reporter: this man developed a brain hemorrhage one and a half years ago. the left side of his body was paralyzed. he has been receiving treatment at this hospital. a robot is strapped to his leg. first, technicians attach sensors. when we walk, the brain sends electrical signals to leg muscles. but the signals have a hard time getting through to the muscles that are paralyzed. so the sensors work as electrical receivers. the brain can learn how to move legs when this process is repeated over and over. researchers believe patients can eventually move their legs with the same ease as before. a harness prevents patients from fallin