what's next? koreans greet their leader awaits thehave country.they mourn. media announced de kim now broadcasting me son, kim john-un.howing grieving.the

central news agency posted titled kim jong-il's hy and achievements will as theorist who winading the constructi it says an invincible global militar embodies his father's idthe forefront of the so directly

kim jong-il's body will san memorial tuesday. december 27th.hk spoke with gn a. he wasorea for many years.il during at the news of kim's deatheason to believe thatf power. tuation for the time beed with north korea during the negotiati country made dec talks among he leader to make decisi north korea is not an ordinary

because of a food crisis. in a normal coeople staged strong protests. but the north korean governm power to stop demonstrations is means whether the north's ability to control the militart a big a major crisis for north korea it is kim jong-il who decisions on iss country's nuclear program an e opposing elements in tther nationsto ensure the country makhifts in its policies. >>ed states say

peace eninsula should be the priority after the death o north and hillary clinton gave a news conference at the state departm >> we both share a common interest in a peaceful and ransition in north korea in the six-party the death of kimthe peace for that reason, jap and sotical transition and liai also said the members

closely to ekes concrete steps toward zation. repercussions of the dea a parliament meeting on tuesday to impact of the director of the national intelligence service will talects information on the the power succwill be done smoothly. north korea military will show the south. on monday, new test-fired short range

missiles off thous. hours prior to the announcemen the south korean defense thing to do with his death as the ministry has put the army, alert.d the u.s. military to he north. south koreannt should send condolencld a full parliamentary future actions. the governeps to avoid a

split inim jong-il's death. er has spent the day gathering reaction. >> at half-staff. the north korean out of the embong-il was dead. close watch on reporters astate media have report commentary. country. i hope kim's dbetter. the nation should organi itse north korea will be able to priority on its economy ov ry's spokesperson met with

p condolences to the nor leader.korea's leader and china's close china hopes to play an ad stabnued co>> reporter: diplomatic sources in beijing say the only change in the nor-un taking over as leade the chinese government appears prevent north koreans d, beijing.e on they are the death korean

>> the mai japan whether there is of son, kimried that his sor. the worl watching for s instability in thenation. thstatement from the worker the official plan there has been -- indications jong-un wi neighboring oth don't any turmoil in no asia.

prs government agencies and ministries toout what is n inice andces are on t in case. on korean move power.jong official pub year, but still lacks controllinglitary won't be anjob. another poss ofrevolt. they have living. peop revolt happenshe refugeechina, south korea so there have been no reports of confusion. of thest security

north kore program. ja south korea, unichina,russia north so-call party talks issue.nse been onhree years becau acts ofvocation and for mission.t is how effect tif the transfer smooth, there will change in statusat thetalks, becaujong-un has been faithful vision. closely watching will be him and it's also see howkim's death a will effect issuejapanese nationals,

north korea.point, to working with and united stcan persuade north leadership to be cooperativ society. dollar of death. recent talk to >> good theis death n the marketsmonday, but on the new york dol tight range yen. slightly againsnst the yen and euro in asian markets shortly after news of kim's death broke earlier monday. the south korean fell but in

new york dollar yen traded back at the lower 78 yen level after they sold the u.s. currency. analysts say market par 'tis pants are refraining from active trading as they want to see how the situation unfolds. as for stocks the dow-jones rose on fresh concerns of down grades in european economies and jitters in global stocks following the announcement of the death of the north korean leader. for more how stocks are trading this morning, ramin mellegard is at the tokyo stock exchange. we saw the effect on the nikkei and asian stocks yesterday following news of the death of kim john-il, but how is the follow through this morning? >> good morning, ai. it is looking a little positive. yesterday, we saw shipping and trading companies trading lower, pushing the nikkei lower, that

was due to drop in the price of oil, and jitters about transfer of power in north korea with the u.s., japan, south korea looking on closely indeed. let's look at the opening levels this tuesday morning. we can see the reaction is relatively positively. nikkei up 34 points, topix up two points. focus and concentration this morning will be on companies in the shipping sector which was down 5% yesterday. oil related stocks like oil and gas field developer impex and trading houses like mitsubishi who were lower yesterday. we saw also some key asian forces trading lower. let's keep an eye on banking stocks and there's continued concern about credit rating down

grades for eurozone economies which pulled the financial stocks lower, the likes of bank of america, merrill lynch, which was down around 4% morgan stanley and citigroup trading lower. a lot of focus there on the euro and you mentioned some levels earlier. let's have another look at the currency levels this tuesday morning in japan. you can see they're 77.99-04. holding steady there. we will see how it develops through the day. >> ramin, we have a holiday shortened week in japan. what should we watch for after markets close thursday. >> a lot on the agenda. bank of japan has a two day policy meeting, and trade balance figures for jap for november. and let's not forget in october, dipped into the red first time in two months. thursday, ai auto production numbers for november and that

flooding in thailand. we will see if those effects come into the numbers as well. still quite a lot for investors to take in despite the paramount news out of north korea and of course the eurozone debt issues. back to you. >> thanks a lot, ramin. ramin mellegard from the tokyo stock exchange. olympus is planning to raise about $1.3 billion to boost its capital. sources say possible private investors may include fuji film holdings and sony. the camera scope business is drawing the attention of subscribers. they released the earnings report last week. they posted a net loss over $400 million. financial statements showed that olympus's net assets fell by $1.3 billion. that makes the net asset figure

now about $590 million. the revision reflects the huge losses the firm kept off its books for many years. the focus now is how olympus will proceed with the capital boost. tokyo stock exchange put their stock on the watch list and is considering whether to keep olympus as a listed company or not. that's the latest for business. the janese government will y to decontaminate 100 municipalities, but the plan causes concern in the communities. the environment ministry will clean up to 102 municipalities in eight prefectures with radiation levels above 1 millisievert per year. cattle formers say they're worried that consumers will avoid all beef produced from those designated areas.

they are concerned that the tourism industry will be hurt if it is labeled as a contaminated area. on the other hand, residents in areas with less than 1 millisievert per year say it is unfair they can't receive funds for decontamination work. now let's look at the latest in sports. welcome in to the sports report. in 2011 i had the opportunity to travel around the country east to west watching athletes do what they do best. some of them even let me in on the action. now that the year's drawing to a close, i've been thinking again about those people and places. here are a few that i found especially memorable.

japan has all kinds of sporting events throughout the year, but this one back in february was in a league of its own. the name of the game is snow baseball. the rules are completely different than ordinary baseball. a tennis ball is used so that it stands out in the snow. and the team uniforms are garbage bags because players always slide into base. it is baseball of sorts, but the rules aren't quite the same. for example, the leadoff man of the inning can run for third base instead of first. we're going to win and we're going to be the champions! i suited up and managed to hit the ball, but i couldn't

generate much speed. maybe that's part of the reason our team didn't win the championship. the event took place in tohoku region in northeastern japan at a time when fun was still easy to come by. all that changed within days. the major earthquake and tsunami descended on the region, causing disruption far and wide. athletes had their share of difficulties, too. the miyagi max wheelchair basketball team from miyagi prefecture has been going for 20 years. it's produced national team members. after march 11th, gymnasiums were turned into emergency

shelters and volunteer centers. as a result training sessions were relocated to a place an hour away by car. >> translator: we want to turn the disaster into a source of motivation and compete against the world. >> where there's a will, there's a way. that's what i see in these wheelchair basketball players. i'm so impressed with their determination to overcome the adversity. look out, london, here they come. this is someone who is always happy to be looking up even if it means pedaling her mountain bike up a steep road. she's won the national championships eight times in a row and hopes to compete in london. i tried to follow her training regimen. but i don't see any medals in my future. it is a lot tougher than i thought.

you need a lot of skills to ride it with balance and create some speed. >> translator: i want to make it into the top ten. no matter what happens, though, i think i'll still be riding a mountain bike when i'm up in years. >> pulling a six kilogram tire, this 88-year-old isn't ready to take thins easy.gs easy. he is a world record holder in the 100 meter and the 200 meter races. she attributes her strength to what she eats starting with four slices of pork for breakfast and small fish as snacks. she intends to break the world record in 2013 when she'll be 90.

what do you get from running? >> translator: it's something that keeps me going, the joy of life. >> despite all the upheaval in 2011, it was a year in which athletes continued to show what commitment and persistence can produce. with the london olympics coming up, we'll expect no less from 2012. >> definitely not. hiro morita there with the year in review. it's a sunny but chilly tuesday morning here in tokyo, and i hear the u.s. is struggling with some severe weather. let's go to saki ochi who has details in her global weather forecast. and welcome back to your weather update. let's get a look at conditions

in east asia, and we're talking about largely dry conditions that extend across china even through the indochina peninsula as well as for the korean peninsula and japan, too, not looking too bad here, especially for southern areas as wells pacific side. fairly dry conditions continue with quite a bit of sunshine as well. now, for the western flank of the country, again, we're still looking at more moisture coming in off the sea of japan, so there is a lot of wintry precipitation to be found, a lot more snow in the works and it is being accompanied by gusty conditions. so we are talking about blizzard-like conditions for some of the areas especially towards hokkaido and the tohoku area. down towards the south we do continue to see scattered showers across areas like taiwan. then we do have a tropical depression in the south china sea, that will be the remnants of tropical storm washi that worked its way across the philippines over the weekend. it is continuing to dissipate but we still look at a little bit more moisture for areas like vietnam then across areas to the south, malaysia and indonesia will be looking at more showers.

for the philippines, the northeast monsoon continues to move in bringing in a little bit more moisture, it is mostly heaviest towards the north right now. and we are starting to see heavy rain amounts being reported here. looks like you'll see more especially along this eastern side of the country and even across mindanao, showers not out of the question today. grounds are very saturated. you want to be on the watch for that. tuesday eehighs look like this. 's' highs look like this.s highs look like this. 22 in taipei. expecting to get up to 11 in shanghai. now over towards the americas, the midsection here looking at the clouds. we do have active systems in place that has been bringing snow to the southwest. then on the southern side of this areas like texas, then into the lower mississippi valley, we're talking about heavier rains. that is now on the move. looks like rain will be spreading in towards the midwest as well as right along the mississippi valley.

for tonight you do want to watch out for wintry conditions here. for areas of colorado in towards kansas and oklahoma. monday's highs will be -- tuesday, rather, highs will be looking like this. it is getting to be looking cold for oklahoma city. highs at just two degrees. 4 also in chicago. also single digits, 9 in d.c. and 7 degrees in new york. lastly, a look at europe. we'll be talking about largely unsettled weather all around. for the southeast corner here we'll be talking about showers and thunderstorms. then as this frontal system pulls on in, wintry weather both rain and snow will be spreading across the british isles as well as western and central sections of europe. for the alpine region, those mountain areas, you want to watch out for the potential for heavy snowfall. highs for tuesday will be looking at zero in moscow and also the same in warsaw. looking cold in vienna, too, highs remain at 2 degrees. a little milder for athens,

highs getting up to 16 degrees. all right. that's a look at your weather conditions for now. here is your three-day outlook.

that concludes this edition of "newsline." i'm catherine kobayashi in tokyo. thanks for joining us. -- captions by vitac -- www.vitac.com