tomorrow wednesday not morning or afternoon but evening 7:30 the american culture center so some u.s. taiwan relationship of culture matter some people speaking in the buchd temple i think that is as i said we have to have all the wholly talent to extend to people not only for politicians but the educators and the church personnel we have more talent and having about wholly talent on one body so we been boundary so we have to engage in more areas to enforce our position to extend what angle more area so we'll be more fulfilled position thank you. >> thank you, sir you have to focus on the issues on on the agenda for your remark. >> you want to have the mta point out in the packets where the list are because we have some a big list ace the tuesday supervisor campos in regards to the citizens advisory committee concerns over the public and how money is being spent on the capital projects like the caltrain and what went on there and the concerns it is changing the scope of the project against maybe what the public may approve as a project same thing with the central project how we're spending m

u.s. federal reserve will raise rates sooner than many had expected. sidney hit the one-month low at one point. taking a look at taiwan, the main index dropped as investors sold tech shares to book profits following apple's announcement about its new range of products. >>> negotiators from japan and the u.s. walked away from trade talks empty handed once again. they say they are not giving up. they will keep trying to reach an agreement on their part in the trans pacific partnership free trade pact. japan's chief negotiator and u.s. trade representative spent two days together in tokyo. they discussed tariffs on five categories of foreign products including meat and dairy goods. japanese negotiators want to be able to restore tariffs on beef and pork. they talked about the conditions. he said afterwas that they weren't able to make the progress they were hoping for. he said there is still a long way to go before the sides can bridge the gap. >> translator: we will need to have more one-on-one talks at this level before there is any point in ministers from japan and the u.s. getting together again. >> japanese official

taiwan, it's index taiex is dropped to .91%. shares of high tech companies came under pressure after the u.s. tech heavy benchmark nasdaq took a bit of a beating on monday. >>> microsoft executives have been setting sights on the consumer market. the latest target is video gamers. microsoft officials say the firm will buy the swedish game maker for $2.5 billion. it is known for minecraft. it is a game of blocks. it was launched in 2009 and downloaded more than 100 million times. microsoft's ceo says video games are among the most popular forms of software that people use on pcs, tablets and smartphones. games are a growth opportunity. >>> japanese government offis have seen people at the firms caught up in scandals. they introduce a law to appoint more directors without ties to the company. some face risks. they could be sued if the company breaks the law. members at the nippon group are offering a safety net. they decided to provide insurance to people who take on the job. officials at aiu insurance are providing that coverage. other insurers raised maximum payouts for directors if they come

u.s. dollars. one of the bigger losers is the taiwan dollar. the worst week in the six months.e putting their holdings of taiwan shares. for 7.7 degrees in august will stem the outflows. finally to new zealand. the dollar is seeing a start the session early on monday. following selections all prime minister john key returning to power. securing the first single party majority in the country since 1996. coming up, the dollar index. a little bit weak out of the gates. mentioned the kiwi/dollar. there we go. a little bit of agains. -- gains. taking a look at the euro/sterling cross. a two or three week low. coming off of the scottish vote. the stories driving in europe markets this morning. >> thank you, david. the dubious milestone for pollution. we will be in beijing for the latest when "first up" returns. ♪ in hong kong and the hong kong federation of students institutions leading a weeklong boycott of classes at that begins today. to try to press for universal suffrage here in hong kong for greater democracy. hour from trading a you are watching "first up." ♪ alibaba's greates

taiwan puts on a massive show of force. officials shutdown a busy highway for a major military drill. u.s.ets and other aircraft preparing for a possible invasion from china. >>> there is a shocking new report showing that millions of our children are being prescribed antibiotics they don't actually need. according to researchers they are being prescribed twice as often as they should be. they say the problem is doctors have no way of telling the difference between a bacterial or a virus so they prescribe them. but antibiotics only help with bacterial infections. we have known this for a while. it can create dangerous drug- drug-resi drug-resi drug-resistant traistrains. so why are they over prescribi g prescribing? >> a few reasons. we can do a strep test but for many other things doctors have to use their best clinical judgment and do an examine and follow guidelines depending on how old to child is and how sick they look. >> reporter: and the parents push it saying give us antibiotics and that will cure it because you want to do something. >> you do. and kids get sick a lot especially d

taiwan are all closed today. different story here in the u.s., irises and session for three weeks. if they can actually accomplish something. men's finals are tonight. underdogs are in the finals. other again.e each this is a 5:00. i am going. i lucked into a ticket. >> are you sitting up past center field westmark >> i do know where he will be sitting to be completely honest. these are pretty good seats. >> centre court. >> centre court. >> that would be fun. >> let's get you some companies. electrolux bought ge's home appliance unit. adds ge to the swedish companies holdings. it is a biggest acquisition ever for electrolux . we will be speaking with the ceo shortly. general motors has a hands-free future. they are planning a cadillac that will not require hands on the steering wheel. the super cruise technology will be designed for speeds of 70 miles per hour. the model is due out in 2017. the alibaba roadshow kicks off today in new york. this may be the august ipo in u.s. history. they are seeking a valuation of up to $163 billion. they hope to raise $21 billion. that is the lat

u.s. releases revised growth numbers for the second quarter. some currencies have been affected, some more than others. the taiwanar, it is coming up be worst week for the currency in six months as global investors are clutching their holdings. the forecast there, 7% increase for august. will that help stem the outflow? two new zealand. dollar is seeing an increase out of the gate, after an election that saw john key returning to power. this is the first single country majority in the country since 1996. let's take a look. kiwi dollar, off the high of the day. a little bit of weakness across regional currencies. the japanese yen is now below 1.0 9 -- above 1.09. what else do we look at? 128.46., sterling. dollar.dd the aussie 89.31. is it low enough for the rba? we do not know. we will see how they, during the next month's meeting. those are your markets this monday morning. >> all right, let's check on headlines around the world now. after months of negotiation, we have a power-sharing agreement reached in afghanistan. that following on from the country's presidential elections. the runner-up is appointed as the

taiwan where wisdom cake was served. and in shanghai classic chinese poems and singing occurred. >>> the ryder cup tournament was held in scotland. in the match up between the u.s. and europeans didn't include suspense. ireland's rory mcilroy gave his team an edge. the u.s. never recovered. the ryder cup is held every two years. >>> yankee's captain derek jeter led his team to one last win. the yankees played the red sox at boston's fenway park. he was honoured with a parade of boston legends. he played the first three, and hugged the team members before waving to the crowd and leaving the field. [ cheering and applause ] >> one excited football fan getting the tackle of a lifetime, after trying to rush the field during the cincinnati-ohio game, but was stopped show court by a strength coach who body slammed him at the 50 yard line. >>> general motors has a warning about the 2015 chevrolet corvette. a high-tech veert could be illegal. the valla mode is part of a performance data recorder, allowing openers to record what is happening when they are not in the car. when the corvette is parked by a valet, secret recordings are illegal. they are illegal in many site

u.s. stocks rose for the fifth week, the s&p 500 hitting a record on friday. the dollar-yen is weakening. couple of markets to tell you about. there is no trading neither china, korea, or taiwan due to public holidays. we are going to be bringing you businesshe biggest names in southeast asia throughout this morning when we take you live to the asian business club for him from singapore. you're going to kick things off of the chairman of the malaysian bank. he will join us at 7:40 hong kong or singapore time. next hour, we will hear from the chairman and ceo of the philippines oldest family business group. us atl be speaking with 8:40. later, we are going to be joined the ceo of oney, of indonesia's largest conglomerates. that is at 11:10. alibaba's long-aited ipo cos a step nearer today is the company launches its sales pitch to investors out there. zeb eckert, bring us up-to-date with some of the mechanics. billion, that is how the company is valuing itself in this record-setting or what is likely to be record-setting ipo on the new york stock exchange. according to details we've received in the past few minutes, the ipo was scheduled to be priced september 18. it could rai

taiwan. nearly 3000 people have been evacuated from dangerous areas. the storm hit the philippines and that left at least ten people dead and displaced thousands of others. back here in the u.sadly flash flooding to austin over the weekend. flood waters with being blamed for the death of senior deputy jessica hollis. her car was swept away in a low water crossing. search crews found her body yesterday, and the storms had forced several water rescues and cut off power to 7000 customers. numerous roads were closed as rainfall totallies of more than 4 inches reported in some areas. >>> and in california, fire officials say thunderstorms could either help or hurt fire fighting efforts in pollock pines. the rain would help battle the blades, but lightning could spark new fires in the dry vegetation. nearly 3000 people have evacuated and 5000 firefighters are involved fighting that blaze. officials say the fire is threatening a uc berkeley research station that houses scores of experiments on trees, plants and other wildlife. >>> let's bring it back home here to the bay area and talk about the weather forecast for the last full day of summer. here's erica. >> good morning marty, w