. ♪ ♪ >>> this is "newsline biz," i'm gene otani. mitsubishi ufj financial group is planning to buy two subsidiaries of a consumer finance group. one unit is based in the philippines, the other in indonesia. both provide at-based consumer loans. the subsidiaries are part of home credit group based in the netherlands. the acquisition is worth about 600 million euro or roughly $620 million. the japanese mega bank hopes to complete the buyout by june next year. customers of the home credit companies use their ceremonies -- smartphones to take out loans. the app handles applications to final payments. hoping the acquisition will help growing demand from middle crlas consumers. japanese financial firms are increasingly looking to southeast asia ultra low interest rates at home have led to lower profits at their domestic operations. >>> mazda motor has unveiled ambitious plans to accelerate its shift to electric vehicles. the japanese auto maker says they will invest about 1 1/2 trillion yen or about $11 billion by 2030 to develop and prod

i'm gene otani. eight japanese companies have teamed up. their ultimate goal is to domestically produce two nano meter chips five years from now. a task foundry makers have yet to achieve anywhere in the world. >> translator: we are 10, 20 years behind when it comes to developing advanced semiconductors. this is our last chance to use our country's manufacturing advantage to make a contribution to the world. >> the consortium includes toyota motor, sony group, and telecom giant ntt. it plans to set up a company called rapidas to developed a advanced chips. these are essential components for technologies such as self-driving vehicles, super computers, and so-called smart cities. chipmakers around the world are striving to create designs for better performance. taiwan-based tsmc aims to commercialize 2 nano meter chips by 2025. japan used to control half the world's semiconductor supply at its peak in 1988, but now it relies on foreign imports. it believes japanese companies need to step up against rival companies in taiwan, south korea, and

i'm gene otani. china's new car sales rose in october, but the pace of growth slowed largely due to a resurgence of coronavirus cases. some dealerships were unable to do business while delays in the supply of parts hit production. the china association of automobile manufacturers says sales last month were up 6.9% from a year earlier to 2 1/2 million units. that's a fifth consecutive month of increases but a drop of 19 points from september. sales of so-called new energy vehicles including electric were up more than 80% year on year to over 700,000 units. the cumulative total from january to october topped 5 million. new sales have been strong despite china's slow economic recovery but the autoindustry group mentions the outlook is uncertain. they say it's unclear if government insen tichs for buyers will continue and the cost of materials for making ev batteries keeps rising. toyota motor has announced that it will start selling an electric vehicle in thailand. the stheast asian nation is a major ov

. >> let me start from the otani point of view. i do not think it's represented by the group that negotiated. the most important things is there was a huge amount of crimes committed by the federal government. it's very difficult. anchor: the u.s. said half a million people were killed. the united nations commission accused all sides. they accuse the government of using starvation as a weapon. go ahead. >> thank you very much. the whole point is let's go back to the prewar scenario and respect the constitution. they will continue being a political party. the prewar scenario was there was not a connected election because that is a federal mandate. the whole point is going back before what happened and re-engaging. i don't think that is an issue at this point. the issue is trying to read to great -- reintegrate the region. anchor: do you think it's about time for thetplf to reinvent itself? it started with an adventure. >> and has to bring itself to modern times. as far as the words concern, i don't think anything they could've done.

. >> earlier gene otani spoke with nhk world's political correspondent for more on trump's bid. why do you think he announced his candidacy at this time? >> yes, some are seeing this as an attempt to change the conversation. trump likes to brag of his influence and he backed many republican candidates in the midterms. but a number of them lost in some highly watched races. for example, in pennsylvania, not only did the senate candidate he backed lose, the state actually flipped with the democrats taking control. so he's facing critics questioning if his influence is waning or even part of the party right now. >> trump is coming into the spotlight again with that hanging over him, so what other hurdles lie ahead as he tries to get on the republican ticket? >> trump is facing several criminal and civil investigations. they are leaving him family and his businesses potentially vulnerable. trump has always faced some opposition by members from his own party, but there are some new faces disncing theelves. rhaps mt notably,is key partner in the white house duri his term. theorme ve p

i'm gene otani. consumer prices in tokyo have been rising this month at their fastest pace in four decades. city residents were hit especially hard by soaring costs for food, electricity, and gas. the internal affairs ministry says the consumer price index for november rose 3.6% from a year ago in the capital's 23 wards. that was the highest figure since april 1982. a series of price hikes by firms lifted retail food prices by 6.7%. the reading excludes fresh foods because weather conditions cause their prices to fluctuate widely. gas bills soared over 32%. electricity rose 26%. tokyo's cpi is considered to be a leading indicator of inflation nationwide. the november figures for all of japan are scheduled to be released on december 23rd. >>> the japan external trade organization says firms doing business overseas expect better financial results this year. a survey by jetro was conducted from august to september. over 700 companies opeting overseas responded. almost 65% said they expect to see operati

angels pitcher slash slugger shohei otani for the american league mvp award. the lyndon native set the single season home run record was 62 131 rbis were also tops in the league. he hit 3 11 that ranks second as he just missed out on the triple crown judge is now a free agent and boy would giants fans love to see him in san francisco. in the national league. st louis cardinals 35 year old first baseman giants fans know him well. paul goldschmidt takes home the hardware for the first time in his career. he's the first player 35 years or older to win the award since dennis eckersley did so with the a's back in 1992 . last year, goldschmidt hit 3 11 with 35 home runs and 115 rbs all ranking in the top five in the national league. alright we're going to take you out to kenya for a lesson in being laser focused as a reporter to appoint, check this out. human actions are destroying habitats , decimating our entire ecosystem and disrupting the circle of life. under the rising drought cases, it is up to us to be guidance of our own natural world, our one species and p

i'm gene otani in tokyo. >>> we begin with breaking news out of the united states. abc news is projecting republicans will take control of the house of representatives for the first time in four years. that means there will be a split congress. the senate has already been declared for joe biden's democrats. abc news says republicans will capture at least 218 seats in the house and regain control.

and leading the majors in a slew of other statistics received 28 of 30 first place votes to beat out otani as the clear choice in the mvp race that many thought would be close. i begrudgingly admit judge delivered it. goldschmitt got the national league honor giving the team the 18th mvp, second among big league teamed to the dreaded, hated new york yankees. the fifa world cup kicks off this weekend in qatar. they will host ecuador. first of 62 matches over 29 days. of course, one of the most eagerly anticipated world cups comes amid controversy including allegations of corruption and human right abuses. fifa has written to teams urging them to focus on the football and not let the sport be dragged into ideological or political battles. this also comes amid the battle about mistreatment of fwhim iran. they will meet on the pitch in a politically charged matchup later this movement one more thing to watch this weekend as the nfl makes a change to sunday's schedule. league deciding to move the bills home game against the cleveland browns to detroit's ford field because of travel and safety c

he received 28 of 30 votes and beat runner-up shohei otani. all surprised by how large a margin that was after being named mvp judge was asked. you a noise that you weren't able to get a contract done with the yankees before the season? >> how i guess it's a yes and no answer. you know, you kind of have a chip on your shoulder going into the season, but you know what the season started. it was it was time to go to work. you know, i saw what type of team we had and the task in front of us. and, you know, i try to wipe everything that happens, you know, in the offseason away and the showed up to work with every single day, the intensity they brought, you know, it made it easy. this to forget about the contract talks and let's focus on one tonight and you know, we have to monitor the same thing. >> save the nl mvp award with the cardinals. first baseman paul goldschmidt. he hit 3.17 with 35 home runs in 115 rbi for the cards this season received 21 of the first place votes became the 21st cardinals mvp in the franchise's history. all righty. that

angels pitcher slash slugger shohei otani for the american league mvp award, the london native set the l single season home run record was 62. and 131. rbs were also tops in the league. his 3 11 batting average rank second, and he just missed out on the triple crown judge is now a free agent. and you've all heard the talk lots of talk about the giants, possibly making a run. at this man we'll see. all right in the national league, st. louis cardinals 35, year old first baseman and giants killer paul goldschmidt takes home the hardware for the first time in his career. he's the first player 35 years or older to win the award since dennis eckersley did so with the a's back in 1992 last year, goldschmidt hit 3 17 35 home runs 100 and 15 r b. i s all ranking in the top five. in the national league last night against phoenix. stefan currie had probably the quietest of his 11th career 50 point games. curry he was brilliant from the jump scored 31 points before the half to 50 overall on a very efficient 17 of 28 shooting. he also led the team with nine rebounds, but another warriors lost took

angels pitcher slash slugger shohei otani. for the american league mvp award. the lyndon native set the l single season home run record was 62. his 131 rbis were also tops in the league. 3 11 batting average ranks second as he just missed out on the triple crown judge, as we know is now a free agent and boy with giants fans love to see him in san francisco in the national league, st. louis cardinals 35, year old first baseman and giants killer paul goldschmidt takes home the hardware for the first time. in his career. he's the first player 35 years or older to win the award since dennis eckersley did so with the a's in 1992 last year, goldschmidt hit 3 17 35 home runs 115 r b. i s all ranking in the top five in the national league. last night against phoenix. stefan currie had probably the quietest of his 11th career 50 point game. curry was brilliant from the jump scored 31 points before the half in route to 50 overall on an uber lee efficient 17 of 28 shooting. he also led the team with nine rebounds, but another warriors lost took some of the luster off his