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tv   Newsline  PBS  June 9, 2015 12:00am-12:31am PDT

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the leaders say they strongly oppose the use of intimidation, coercion, or force, and any unilateral action, including large-scale land reclamation.
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they support diplomatic efforts to create a lasting peace in ukraine and criticized russia's annexation of crimea. they call on all parties in the conflict in eastern ukraine to comply with a truce agreement and remove weapons from the area. the leaders indicate their countries will maintain sanctions against russia until it lives up to the truce agreement. they also condemned north korea's nuclear and missile development, human rights violations and abductions of foreign nationals. the leaders say the fight against terrorism and violent extremism continues to be a top priority. they encourage efforts to conclude free trade deals such as the transpacific partnership and an economic partnership between japan and the european union. and they call for setting ambitious targets to reduce greenhouse gas emissions. prime minister abe held a news conference to discuss the outcome of the g-7 summit.
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>> translator: japan experienced a massive natural disaster and nuclear power plant accident in 2011. in this very tough energy situation, we have proposed an ambitious reduction target for greenhouse gas emissions. however, in order to deal with climate change on a global change on a global level, it's essential we create a new frame work in which all the countries can participate. at the this g 7 summit meeting, i have confirmed with other world leaders that we will take even more robust measures against climate change. >> he said the g 7 leaders will lead global efforts to tackle terrorism, infectious diseases cybercrime and other challenges as well as protect the rights of women. the countries share the basic human rights and rule of law. he says that's why g-7 countries are united to achieve stability in ukraine. >> >> translator: we cannot
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allow unilateral changes to status quo by force or the strong dominating the weak whether it is in europe, in asia or in any other part of the world. japan values the rule of law, sovereignty and territorial integrity and this stance is clear and consistent. >> he called on all parties including ukraine to abide by the latest seize fire agreement and said a peaceful diplomatic solution to a conflict cannot be achieved without dialogue. >> translator: i want russia as a responsible nation to make a contribution to solving various issues in the international community. to this end, i would like to
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continue dialogue with president putin. >> he plans to invite vladimir putin to japan to discuss a territorial dispute, the dispute involves four island controlled by russia. japan maintains the islands known as the northern territories are an inherit part of the territory, the position is that the islands were illegally occupied after world war ii. now officials in beijing reacted sharply to discussing the activities in and around the islands. >> translator: china's construction on some maritime features of islands is within sovereignty and other countries have no right to intervene a spokesperson criticized the frame work the format isn't effective when it comes to responding to international
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concerns. they said it's impossible to gather in groups or seven or eight and effectively discuss the world's problems. he said president putin is focused on working in other formas thatfor formats, putin is placing emphasis on the g-20 and bricks group of e morgueconomyieseconomies. plan to expand the role of the self-defense forces. lawmakers are debating legislation to the allow japan to exercise its right to collective self-defense, three legal scholars told a panel last week that they believe the bills are unconstitutional. abe rejected that idea in his g-7 news conference. >> translator: this legislation would not change the basic principle of how to interpret the contusion. a supreme court ruling says japan can take the measures
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necessary to defend itself in order to maintain peace and security and ensure it's survival. it is a legitimate use of a nation's inherent right that is one of the basic of the contusion. >> abe spoke about weak yen. he said the rate is beneficial for exporters but could hurt businesses and consumers, he kept to keep a close eye on the effects. abe saw public support slip and there is a telephone survey of people age 20 or older over the weekend. about 1,000 people responded on a number of issues. the support for prime minister abe's cabinet was 48%, down 3% from last month. 34% said they don't support the cabinet for a rise of two points. asked about the security bills to allow japan to exercise the
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right of collective self-defense, 37% opposed moves in the current session, 18% expressed support. 50% said the bills would not put enough restraints on expanding the self-defense forces overseas activities. 7% said the bills would provided a adequate restraint. whether the bills would put personnel at greater risk 72% said yes. 6% said no. relatives of people missing since a ship capsized on china's river are growing i'm patient. they said it's taking them too long to identify the bodies. the ship capsized last monday with 456 passengers and crew members on board. 14 people survived. 434 have been confirmed dead. authorities are still searching for eight others. authorities say they have identified the 204 of the victims using dna tests.
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relatives met on monday with government officials. they demanded the bodies be quickly identified and they urged officials to convey demands for cover station. authorities had restricted access to the site and prevented reporters from attending the meeting between relatives and officials. they are trying to prevent criticism of the government from spreading. chinese media outlets say weather officials believe a tornado hit the ship. they also code the captain as saying he lost control of the vessel due to strong winds but investigators have so far said nothing about the cause of the accident. it is time now for the latest in business news. investors are on edge. they thought they had more time before policy makers at the u.s. central bank raised its key interest rate. we have more from the business desk, you've been follow thing story for quite awhile. so what are you seeing and hearing? >> kathryn, a lot of speaklation when the federal reserve will
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raise the rate. you may remember the international monetary chief that advised them to wait until 2016 but janet yellen said it's possible it will happen before the year is out but believe the latter might be the case after they saw solid economic data like the latest u.s. employment figures quite a bit above forecast. but the thing is, when rates go up investors tend to pull out of stock markets. higher rates make it more expensive for companies to burro which in turn make stocks less attractive. overnight the dow jones industrial fell to the lowest level in more than two months while the tech heavy nasdaq fell almost 1%. let's see how markets here are reacting to that. standing by at the tokyo stock exchange good morning what are you seeing? >> looks like investors have some jitters about higher rates in the u.s. and that is, as you
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said translating into lower equity markets and pretty much seeing the same happening here for the nikkei and topix. the nikkei ended the at a two-week low. looking at the u.s. economy and prospect of higher interest rates there and less easy money being pumped into the economy and speaking of money flows, japan's gdp was revised up to 3. % on monday and that makes analysts think that bank of japan may not need to necessarily expand its current monetariry policy easing measures as aggressively as it has currently standing at around 80 trillion yen per year. so that's another aspect a lot of market players are watching out for. >> on that note somewhat
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related, there are concerns the yen weakened too much. how are currency pairs changing now? >> the dollar dropped off a touch. 124-68 a 13-year high and down about one yen from this time yesterday, so we may see that weighing on exporters, the dollar falling against the eros and solid juryman economic data. for further guides on the u.s. currency and economy, investors are waiting to see what u.s. retail sales for may may be like for the u.s. due out on thursday. i can't leave wow touching on the composite up another 2% on monday closing at fresh seven-year highs and this comes ahead of a decision by morgan stanley capital international, which is a key global stock measuring index to include chinese a shares to the emerging markets index, most companies listed on chinese indexes offer
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two classes of shares a and b. b shares can be bought by foreigners and usually quoted in foreign currencies, however, a shares are mostly available to mainland si sevencitizens. they are expected to draw hundreds of billions of dollars of cash from overseas. that's another really big focus for global market players. that's it for now, i'll have another update in a few hours. back to you. >> sounds good. the 2008 crisis taught global banking regulators the importance of a sufficient capital buffer and compile add proposal to ensure international commercial banks are better prepared against interest rates risks as they try to decide whether to start raising their key rate, commercial banks hold government and corporate bonds if interest rates rise likely plunge and that could worsen financial health of the banks. this concern prompted the bazell
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committee on banking supervision to announce two new regulatory options on monday. the committee is made up of financial authorities and central bank chiefs or officials rather of major economies. one option requires banks to set aside at least 8% of their capital ratio that would apply if interest rates were derised 1% and the value of the bond holdings tumbled, the other option doesn't call for a specific target in the capital ratio but suggests stronger oversight by each country's financial regulators. committee members plan to consult with major banks until september and then decide which option to adopt. a series of food safety scandals is still haunting fast food giant mcdonalds. sales in japan posted double digit declines for 11 straight months. the fast food chain has announced that sales at exist outlets in may dropped more than 22% from a year before, the
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number of customers also fell more than 14%. mcdonalds holding japan said fewer families are buying its items. this is a result of the lingering impact on food scandals, the double digit sales drop started last july when a chinese supplier was found to have used expired meat and in january, foreign objects were found in meals across japan, the company saw the year on years sales plunge by almost 40% in january. it was the largest decline since mcdonalds listed shares on the tokyo stock market in 2001. japanese cuisine is increasingly popular around the world, one of the appeals is the use of fresh seasonal ingredients. now japanese delivering firms are responding to the growing number of people in asian cities trying to get their hands on these ingredients. >> hong kong is one of asia's
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key financial hubs. this family orders from japan every week. these freshly picked cherries have arrived from northern japan. >> translator: i didn't know they would be so sweet. >> japanese food is part of culinary scene in hong kong. consumers are developing a taste for fresh japanese ingredients. many want to important directly from source. japanese delivery businesses are starting to expand refrigerated parcel services to meet the demands. this transport set up a hong kong affiliate to deliver door
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to door. aomori is the northern most prefecture on the aland. many fisherman catch many varieties of fish but only possible to offer next-day deliveries to neighbors of jay pan, international refrag rated delivery services kaug their attention, schoolallops are brought in at 4:00 a.m. and will be sent to hong kong. the school bulbs are placed in a refrigerator refrigerator. the jet arrives on the southwestern island. the airport is a 24-hour hub for cargo and it's just four hours from most major asian cities.
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so next-day delivery to asian countries is possible. the scallops left early morning and arrived at the distribution center in hong kong before noon. the this sushi restaurant is the customer. diners in hong kong today can enjoy yesterday's catch. >> translator: there are about 20% more expensive than frozen scallops but customers are willing to pay a premium. >> the schoolallops were shipped and they take orders from overseas customers, the whole saler hopes to increase the sales by directly dealing with customers in other countries.
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>> translator: we hope overseas markets will learn about our goods. we expect the brand will be able to build up a reputation so people in other countries will pay a premium. it will be great if those in the fisheries industry can earn more through these initiatives. >> demand for fresh food is high in the international market advanced logistics can connect in a shorter time and help low local industries to develop newer markets. >> for more you in business next hour. back to kathryn now. the 16th world championships in tokyo brought together expert men and women from 56 nations and regions. the chinese men's team hoped to make the top eight. one was a practitioner with a fox for teaching young chinese about the japanese marshall art.
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nhk world reports. >> the chinese team was taking part in the championships for the third time. he was one of them. he's been doing it for 15 years. he was team cap paintain more the men's group competition. >> it's the difference from attracts me. in kindo you have to respect your opponent and have to win against your opponent and against yourself. >> he is a chinese marshall arts expert. he said he came to know while studying a variety of marshall arts he admires its established conaccepts like the way of the semirye. he spent six years studying in
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japan while learning more about kendo and after he went to china in 2006 he set up a training. the popular did had been growing rapidly in china. he wanted to share the steps and direction with his own people. >> i'd like young chinese people to expand her riseorizons and want them to see other countries have great spores like marshall arts and learn them. >> the chinese team members began making final preparations soon after they arrive in japan. at 45, he is the oldest on the team. but his devotion to training is inspiring others. the chinese team se it'st its target higher than before. >> i'm going to try my best to
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get in the top eight. >> 52 countries participated in the men's competition. he was the last on his team to compete, he beat mongolia sweeping victoryies in the preliminary matches. the team then came up against spain fighting to get into top eight. now the fate lies in his hands. one minute into the match, he sustains a hit on the wrist losing a point, but he makes i, i will be a strike to the head. then he has an accident.
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with seconds remaining, he injures his left leg but that doesn't stop him. if he gave up midway through match, china would lose. he keeps on fighting through the end. since china had already scored more points in total, it's triumph over spain but he paid a price. he tore his achilles tendon. in his next match, team replaced two players that caused the chinese to lose momentum and bow out before hungry still, his effort led his team to the top eight.
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>> translator: everyone on our team tried their best. if i had nln't been injured, it's too bad. >> he says in the future he hopes to make contributions to raise the level of kindle in china. >> it is time now for a check of the weather. it's a rainy and cloudy morning here in tokyo, many including myself are getting to work or school wearing rain boots, what to expect here and elsewhere in world weather. >> good for you, brought your rain boots and that will be handy for the rest of the day. it will be raining here in tokyo until the evening hours and rain en engulfing much of japan and these are pictures from tokyo when we were commuting to work.
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the scene this morning as people got up and started the commute. just south of this area in tokyo, the islands saw some heavy rainfall and heavy rain warnings are now in place. 5 95 millimeters fell since last night. watch out for roads, flooding lightning and even tornados throughout the day today. so this is what is happening, we have the rainy season band stretching all the way into this area and we have a he pressure system so just south of this islands will see 100 millimeters of rainfall this area is pounded with really heavy rain so flooding will be the primary threat. gusty conditions will be prevailing prevailing anywhere along this front and more rain. more than 150 millimeters of rainfall in the past 24 hours. no more rain is welcome but unfortunately, this is likely to continue throughout the day
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today. now the stretching front is lingering out towards southeastern china. this is an area where severe flooding is on going and unfortunately, i must tell you the situation could even get worse. we're likely to see about 200 millimeters of rainfall in the next few days and stationariry bounder will linger. we have a high pressure system meanwhile in northern areas of china. northeastern china has a hailstorm warning in place and that could pull its way toward into tomorrow. so rough conditions will be scene here on our tuesday, as for the highs, we're actually looking at some heat warnings in place in central china and in parts of the korean peninsula, both are looking tamerlan tsarnaev 30s. a little high for this time of the year on our tuesday in tokyo down to 25 degrees. a little bit towards the west, we have a cyclone to talk about that is going to bring very gusty conditions especially
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towards the eastern side so northwestern india will possibly see about 120 kilometers per hourper hour gusts and rough sea conditions that will intensify. temperature which is about 30 degrees right now and it is likely to intensify into a severe cyclone storm into the next 24 48 and then decreasing intensity into a tropical depression by friday evening your local time. the gusts are packing about 80 kill lom mer -- kill lom dr the forecast looking too bad on your tuesday but the stormy condition will be moving in in towards your friday so watch out for that. quick look here in europe again, another severe weather condition will be soon in the similar locations due to the
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stationariry boundy ryboundary. numerous tornados in switzerland and austria has a hailstorm reported and the conditions will be prevailing in similar locations, meanwhile, dry in the northern half and paris looking quite nice at 23. i'll leave you now for the extended forecast. and that's all for this edition of "newsline." i'm catherine kobayashi in tokyo, thanks for staying with us.
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ó announcer: "euromaxx highlights." and here's your host, anchor: a warm welcome to the show. we are here by the brandenburg gate to bring your our weekly pick of lifestyle highlights from around europe. here is what is coming up today. heads down -- georg baselitz at the international art biennale in venice. water dances -- a new fountain was created for the gardens of versailles. online cuisine -- a growing number of foodies turns to blogs for cooking ideas.
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"all the world's futures" is the motto of this year's art biennale in venice. the six-month event focuses on the hopeful stars of the next generation, a few of whom, i am
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