company has been struggling ever since its establishment through a merger of the semiconductor units of hitachi, nec and mitsubishi electric. renesas has posted net losses for eight straight years. in october company officials plan to draw up a turnaround plan. >>> competition in china's apparel market is heating up. the operator of japan's uniqlo clothing chain has opened its largest ever store in shanghai. >> congratulations. >> thousands crowded the opening of fast retail companies flagship store in central shanghai on monday. the six-story building covers about 8,000 square meters. that's far bigger than the company's next largest store in tokyo. about 1,000 mannequins showcased the brand's lineup. >> translator: middle-aged people are getting more fashionable. i'm looking forward to a broader lineup for our generation. >> there are 225 uniqlo outlets in china. in the coming years the company plans to open between 80 and 100 new stores annually in the country. >>> publishing executives in tokyo have announced a plan to capitalize on a booming interest in japanese pop culture across southeas

the yen working its magic on hitachi in japan. also, tokyo electron, the semiconductor equipment maker had happier projections. it bodes very well for japanese earning season and is set to kick off the report in japan. >> welcome back. these are the stories that we have been covering so far. u.s. home systems unexpectedly fell for the month of september and analysts say that the government shutdown and more homes entering the market are part of the issue. and china is making housing more affordable for its systems. this came after data shows that the housing there showed record growth in the last month. finally, sports fans, women especially, are helping the u.s. retail industry. women are buying more athletic gear and clothing can their market value in terms of what they buy is $4.6 billion year. now we turn our attentionthis cd quickly becoming a big business here in the united states -- preppers.' these are people who are preparing to live for months and months at a time in the event of a disaster. it doesn't stop there. one gr

hitachi jumped over 8% earnings. meanwhile, kospi finish higher. and australia's i is asx 200 was the big beneficiary of the china pmi data. banking measures broadly higher. take a look at chinese banking shares. so a shares on the first row and h shares on the bottom row there. we're seeing that ping an bank gained 3.3% after yesterday's 4% surge after yesterday's strong earnings results. but other banking majors, they came under pressure. this on concerns of increasing nonperforming loans and also the tight liquidity conditions. back to you. >> sixuan, thank you very much. good to see you. we'll talk soon again. on today's show, a lot coming up. spain's larger bank, santander, is now saying it's in a good position to meet rules after posting good results. stephane pedrazzi will be bringing us the details of that. earnings central heading to the motor city where ford is expected to all right a slight dip in profits as they look for an update on allen mulally's future. >>> and as if that wasn't enough, we're live in brussels for the heads of state

the new system will be jointly developed by toshiba and hitachi and can purify toxic water to doubleapacity of the current one much the government is steadily taking steps to resume operations of the nation's nuclear power plants. the nikkei is reporting that the system will be revamped. a number of hospitals will be ramped up to give immediate care to those exposed to radiation. that's all from nikkei business report. back to you. >> yukako, thank you. >>> asia tomorrow we'll watch shares of samsung, rising ahead of the guidance. the latest policy decision after a tax hike announcement and india, the pmi due there. >>> game on, investors, cannot seem to get enough of the chinese internet space and the largest game developer forgame saw a huge jump closing 32% higher. enormous interest in the $206 million ipo which was 313 times over subscribed. eric cho analyst at ccb international joins us from hong kong. eric, the chinese internet space has been doing incredibly, incredibly well this year. this is quite a difference, marley firms listed in the u.s. they've had a bit of a downturn