tv Newsline LINKTV August 7, 2015 5:00am-5:31am PDT
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it's the top of the hour. welcome to "newsline." i'm james tengan in tokyo. nhk has learned that prime minister abe is set to speak cabinet approval for his war anniversary statement and will give it next friday. japanese researchers are pointing out people being misdiagnosed and mistreated for dementia. for some time people have been wondering what prime minister shinzo abe will say in his much-anticipated statements
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on the 70th anniversary of the end of world war ii. sources have told nhk that abe is expected to clearly state he upholds the position of previous administrations on issues related to japan's conduct during the war. and that he will seek the endorsements of his cabinet. on thursday a panel advising abe submitted its support. it says japan has contributed to society as a peace loving nation based on deep remorse for expanding aggression and waging a reckless war. if the cabinet approves the statement, it will represent the official position of the japanese government. abe has decided to deliver it on august 14th, one day before the anniversary. on the 50th anniversary of the end of the war, then-prime minister delivered a heartfelt apology expressing deep remorse for japan's aggression in asia. ten years later then-prime
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minister used some of his wording by clearly stating his government's position is in line with those of past administrations. abe apparently hopes to resolve issues with japan's neighbors through mutual effort. china and south korea have repeatedly raised the historical recognition of japan's wartime conduct. in his statement, abe will likely use the words deep remorse and pledge never to wage war again based on serious reflection on the past. abe also is expected to express gratitude to post war return to international community and vow japan will contribute to global peace and prosperity. chinese and south korean officials are also focusing on what abe will say. china's foreign minister says he'll be paying special attention to how the war is characterized. >> translator: we're especially
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interested in whether the statement is going to describe the war as an act of aggression or leave it ambiguous, and whether it will view the war as a part of colonial rule or not face-up to that fact. i think these are the core points. >> wang says he hopes japan's leaders will take the opportunity to achieve true reconciliation with asian neighbors and people in countries that were invaded. he said that would help clear a path to the future. an official with the south korean foreign ministry said he hoped abe will uphold the positions of previous administrations. the u.s. state department also hopes abe will follow overall the positions of past prime ministers on historical perceptions in his statement. >> we took note of his remarks in washington about upholding
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views of previous prime ministers expressed in the past. >> believes strong constructive discussions will promote peace and stability and are in their interest as well as the interests of the united states. prime minister abe says he will declare japan will maintain its three non-nuclear principles in a speech monday marking the bombings of nagasaki. a lawmaker of the opposition democratic party questioned abe at a lower house committee meeting. he said abe did not mention the principles on thursday at the ceremony to mark the 70th anniversary of the atomic bombing of hiroshima. >> translator: i have vowed to maintain the three non-nuclear principles in my speeches at three previous peace ceremonies.
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my stance has never changed. >> abe said he'll include the remarks in his speech at the nagasaki ceremony. a former prime minister is urging the abe administration to ease public concerns over the security bills now under debate by offering clear and detailed explanations. allowing the country to exercise the right to collective self-defense. in an essay in a monthly magazine, the diet debate over the bills should give the utmost consideration to public opinion. he said the right to collective self-defense should be recognized as a matter of course. he says its use must be kept to the minimum required and should be limited to legitimate cases of self-defense. the former prime minister also mentions world war ii. he says it was wrong and japan should never have fought. he says it cannot be helped that it is called a war of aggression
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against other asian nations. he also says politicians today must not avert their eyes from negative aspects of history. he says they need to learn from the past and lead the country in the right direction. he served as prime minister for five years in the '80s and a major figure in the liberal democratic party. now for business, bank of japan policy members have kept their view on the nation's economy and voted to maintain the bank's monetary easing program. gene otano is joining us. >> the policymakers release their assessment after wrapping audiotape two-day meeting on friday. they say japan's economy has continued to recover moderately. the report says private consumption has been resilient and that exports and industrial production have been picking up
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despite some fluctuations. they say capital investment has been on a moderate increasing trend on the back of improving corporate profits. their assessment of housing investment has been slightly modified. they said earlier it has started to pick up. they now say it has been picking up. the policymakers decided to achieve the program of easing the goal of 2% inflation. the majority vote of 8 to 1 comes even though the consumers price index is far from the target. bank officials say prices are moving in an upward trend and will gather pace in or after autumn this year. bank of japan governor says the economy will rebound from weak exports and private consumptions seen in april to june quarter. >> translator: we've been hearing reports that point to an upbeat trend in sales for a variety of items on the back of the improved income and
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employment situation. we need hard data for july to confirm this, but i think consumer spending has been on a solid footing. >> he expects the u.s. and other major economies to maintain solid growth. he predicted this will benefit emerging economies and that weakness in japan's exports and output will be temporary. he says japan's exports and production will recover mildly. trading on japanese markets show no clear direction on friday following the boj's decision. investors are also waiting for key u.s. nonfarm payroll data that will be released later today. let's go to our business reporter at the tokyo stock exchange for more. so, mayu, how do the markets play out? >> reporter: hello, gene. we basically saw cautious trading all day before the u.s. jobs reports and before boj governor newconference after the markets closed.
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but we also saw the markets pop into the positive right after the central bank decision. so let's see where the markets finish this friday august 7th. it looks like stocks held onto gains after choppy trading. the benchmark closed at 20,724 and broader topix closed up. but profit taking did cap gains before the release of u.s. payroll numbers. on the week we saw the nikkei up 225 points. about 500 companies releasing earnings today, but yesterday we saw camera maker nikon raising outlook. and telecom giant said it will spend up to $960 million to buy back shares. a three-month high and softbank rose 3.6%. and daikin announced upbeat quarter le earnings. with the majority of companies
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releasing better than expected earnings, investors may be expecting a little bit too much. for example, e-commerce said operating profit in the first half rose 24%, but it still failed to reach analyst estimates. so stocks slipped 6.25% today. and also an increase in profits reported for sumco but brokerage cut target prices stocks fell 3.5%. one analy said if the u.s. nonfarm payroll shows a healthy labor market, investors may increase more and more bets for a september rate hike in the u.s. that's it for this week. have a great summer weekend. back to you. >> mayu, thanks. mayu yoshida reporting from the tokyo stock exchange. it was a mixed performance in other asia pacific markets. malaysia's main index lost 0.7% following yesterday's plunge. the country's currency hit a 17-year low against the u.s.
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dollar on lower oil prices and a political scandal. sydney dropped 2.4% to hit a four-week low dragged down by banking shares. hong kong added 0.7% hitting a one-week high. in mainland china the shanghai composite rebounded after two days of losses. it gained nearly 2.3% closing at 3744. it also rose more than 2% for the week. chinese authorities have been scrambling to steady their volatile stock markets. and global investors have been keeping a close eye on beijing's movements. the shanghai composite index finished last month with the worst monthly loss since 2008. the index suffered its biggest one-day drop in more than eight years at the end of july when it plunged more than 8%. the government rolled out a series of support measures and stepped up efforts to bolster the flagging economy. for insight, ramin melagard
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spoke to the chief economist at b and b in hong kong. he gave a look at what's behind the market volatility. >> the government plays a role too. now, the regional investors explored up and built a bubble. and government came in and installed all this in the margin financing as well as increasing ipo, so that caused a big correction. now, after the correction the government is buying stocks and trying to stabilize the market. but then that's being offset by selling pressure from the investors as well as unwinding of modern financing. so that is what is creating volatility right now. so what we should be looking at is the unwinding of modern financing as well as the resumption of stocks that were suspended before trading. >> now, government leaders have
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introduced a raft of measures to stabilize the markets, but how effective do you think they'll be? >> well, we've seen the impact already. when you look at the market in china it's stabilizing. the stabilization measures that beijing installed is going to be more effective than many of us thought because two reasons. one is that the foreign participation in the chinese stock market is very small. total foreign investment in chinese asia market less than 4% of market capitalization. and secondly, most importantly, closed. which means liquidity is locked in the chinese system and liquidity cannot really leave the system. >> now, what do you think of the ripple effects from lower share prices on the overall economy? >> well, as far as the economic growth is concerned, i don't think there's any material impact because wealth effect on the stock market in the chinese economy and the chinese
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financial system is very small due to the fact also this correction comes and goes so quickly. within three weeks. so what we have seen is basically a transfer of wealth from the winners -- from the losers to the winners. and after all when you look at the performance of the market within the year between june last year and june this year before the -- even after the correction the market was still up 120%. so we are not seeing a permanent destructn of wealth which will not impact on chinese economic growth. >> now, what sort of actions do you think the leaders will take to stem the slowing down economy? >> well, we are still looking at interest rate cut, at least one more for the rest of the year. if the economy doesn't stabilize, there will be more cuts coming in the cards. and also we are expecting two more cuts in the common ratio. plus there will be increasing fiscal spending funded by
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domestic capital market as well as policy banks to ensure growth will not fall below the 7% threshold. >> negotiators from 12 countries walked away from the table last week without getting a broad deal for the transpacific partnership free trade talks. japan had wanted to keep the momentum going with meeting of ministers at the end of this month, but now it's minister in charge of the talks amari says it's probably not going to happen. amari came out of a meeting with prime minister shinzo abe to say member countries may need time to cool down and make some adjustments. he conveyed japan's desire to hold working level meetings to iron out issues. he said abe urged him to do all he could to reach a broad agreement asking him to drop a road map toward a definite deal. that's it for business news. i'll leave you with the markets.
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you're watching "newsline." forgetfulness, memory loss, wandering aimlessly, these are some of the symptoms usually associated with dementia. but even if the symptoms are noticeable in a patient, it is not necessarily mean they're actually suffering from it. an nhk survey shows more than 3,500 people around the country were misdiagnosed with dementia last year. being given the wrong treatment poses a danger and could put a
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person's life at risk. nhk world's kota ida explains. >> translator: i don't know where my house is, how to get there. >> reporter: this 80-year-old lives in the city of yokahama near tokyo. several years ago he suddenly became unable to find his way ho home. >> translator: i felt like i have developed dementia, i'm in trouble. >> reporter: he was never told what he was suffering from. a year after his symptoms appeared he was financially diagnosed with epilepsy, not dementia. >> translator: it's a memory disorder you can control with so-called anti-epileptic drugs. >> reporter: researchers around the world have found that the number of the people with epilepsy increases rapidly after 60. aged people with epilepsy can
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suffer memory loss and lose consciousness for short period of time. those symptoms are similar to dementia. ito is getting better now that he's taking medicine. >> translator: i was so sure my disease was dementia. now just taking the right medicine has improved my symptoms and i'm keeping in good condition. >> reporter: it is not generally known that many epilepsy patients are elderly. about 40,000 patients visit the doctor each year thinking they have dementia, only to be diagnosed as having epilepsy. >> translator: it's an assumption. a patient comes to a dementia clinic assuming he or she has dementia. then if the doctor says, yes, you have dementia, no questions are asked. >> reporter: even just thinking you have dementia could be life
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threateni threatening. this 57-year-old started to become very forgetful beginning this year. >> translator: i couldn't describe with words what i wanted to say. i had them in my mind, but all i can say is, ur, or well, i thought i was going senile. >> reporter: he had his brain examined at a hospital in february, but nothing was found. however, his symptoms gradually worsened. and he found he could no long e walk straight. three months after the first examine and still worried he went to see the doctor again. this time he was diagnosed as having a chronic subdural
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hematoma. it's pressing against his brain, it's a blood clot. in the early stage of the disease doctors say. in his case the tumor was removed in surgery and he has recovered. but if the right treatment wasn't given, he could have died. >> translator: if the blood clot gets bigger, the patient will lose consciousness. and in the worst case the patient could die. >> reporter: nhk also found other cases in which patients suffering from depression were diagnosed as having dementia. it's not only staff at medical institutions, but patients themselves who should remember that in correct treatment could be hazardous especially with the
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increasing number of aging societies around the world. kota ida, nhk world, tokyo. american researchers say they may have new proof that china is expanding its reclamation work in the disputed south china sea. they released photos that suggest beijing could be preparing to build a second runway in the spratly islands. the center for strategic and international studies uploaded the photos on its website. researchers say the photos indicate that as of june about 4 million square meters of land have been reclaimed. they say chinese officials may be getting ready to construct a 3,000-meter airstrip. the director of the csis asia maritime transparency initiative says it's the last shallow area where china is reclaiming. she says a piece of land almost
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as long as a runway o fiery cross reef is also being prepared. the japanese government has decided to extend the deployment of a self-defense force unit in south sudan where they're engaged in a u.n. peace keeping operation. it will be the fifth extension since japan joined the mission in january 2012. the cabinet approved a plan to extend the deployment until the end of february. the current mission expires at the end of this month. after the cabinet meeting, defense minister nakatani told reporters that the activities are highly valued by local authorities. >> translator: japan will continue to work with the international community, it's in the government's policy of pro actively contributing to peace. >> officials from the governments of south sudan and the united nations both requested the sdf units to stay on. the u.n. mission began four years ago when south sudan became independent after more
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than two decades of civil war. japanese ground self-defense force units have been repairing roads and building lodgings for peace keepers from other countries. now it's time for a check on the world weather with our meteorologist jonathan oh. jonathan, you have an update on some serious situations in central chile. what are residents face sng. >> hello, yes. we are looking at some very heavy rainfall that's caused real problems on the ground level. i want to show on the slight perspective. you can see here the clouds are rolling through the area. meanwhile, further on the northern edge of south america much calmer conditions. so these clouds in the middle of winter are bringing a lot of that precipitation through the region. show you video to give you an idea what it looked like. as we went through the day thursday, heavy rains blasted chile's capital santiago wednesday and thursday causing floods and paralyzing traffic. residents rushing to place sandbags at the entrance of their homes in order to prevent the water from coming in.
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now, you can see here some drivers here finding business opportunity carrying pedestrians across inundated roads and getting a little bit of a fee in the process. we are looking at some of that wet weather continuing as we go into the weekend. you can see here along the southern portions of south america we see the precipitation falling. some areas may see close to 120 millimeters of rainfall. as we go through the weekend especially going into saturday, sunday and possibly even into monday. so look out for that. now, as we look at the forecast for north america, we are also seeing a very wet weather pattern and some strong thunderstorms to boot in the process. there is a low pressure system that is slowly pushing through the eastern side of the united states. the past couple of days the carolinas especially have been contending with some very strong thunderstorms and heavy downpours. and we're going to see this continuing for one more day on friday before the system finally clears out of the area.
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a couple of areas of low pressure into canada and also the upper midwest will bring a chance for some rain and some storms. and the good news for those in southern california i think we're going to still see some rain in your area because of low pressure continuing to linger for the region. so 26 with some showers possible for los angeles, otherwise hazier conditions. thunderstorms in denver, winnipeg, into chicago and the deep south again looking at active weather for friday. now, we're talking about some very hot temperatures in europe. high pressure is pushing the mercury up close to 40 degrees in some areas. you can see here some highs reaching close to 40. in toledo 39.2 degrees. we're going to see the heat continuing as high pressure continues to influence and dominate especially the western portions of the continent. and further toward the east and north we're still seeing highs in the mid-30s for warsaw coming up on friday, 30 in kiev, maybe showers into moscow with a high of 27 degrees. now, we're keeping our eye on this typhoon. it's getting ever so close to
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making landfall in taiwan. a large and very strong packing winds of 162 with gusts up to 234 kilometers per hour, pressure down to 940. as this system continues to move to the north and west, we are expecting the intensity to really move up. already wind gusts of up to 144 kilometers per hour have been reported in ishigaki. rainfall totals up to 300 millimeters with gusts up to 216 and wave heights up to 13 meters. and just by noon on saturday in taiwan we're looking at 800 millimeters or more of rainfall as we go through the day. it's going to be even worse. so please make sure you're staying safe as the system continues to move over the area. hope you have a good day wherever you are. here's your future outlook.
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>> the headlines. donald trump dominates u.s. presidential debate. the presidential hopeful take center stage. inrench hostages released yemen. isabelle prime released after six months in captivity. she is currently in late ash in returnring oman and will later today. over 2000 people remain camped out in poor living conditions with hopes of reaching the united kingdom.
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