the adb deputy chief economist. a lot more coming up.is bloomberg. ♪ >> trade, taxes, nato, and the islamic state. presidential contenders donald trump and hillary clinton. clinton questioned her rivals' business credentials well trump protect her performance as secretary of state. reverse losses in stock. the mexican peso rebounded from a record low. shipping is soaring in seoul. jeffrey says mirsky is looking marine,nt hyundai having ditched its strategy of ordering new ships. hyundai is in the middle of a creditor led debt restructuring program. stifling air bag maker toccata makes -- m aker takata. capitalist for honda, gm, volkswagen, and is how any ta would bids for taka affect the billions of dollars in potential recall costs and legal liabilities. the faulty airbags are affecting at least 15 and one million cars worldwide. global news more than 24 hours a day in more than 120 countries, this is bloomberg. the latest from the markets after that big face-off in new york. since you mentioned it, we at the markets. we did see some st

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the larger membership will overtake the adb which has 67 countries and territories. >>> nearly six months have passed since japan's electricity retail market was liberalized in april. to end the monopoly of major electricity companies that continued for almost 60 years. in an effort to spur competition among retailers. people have previously been able to buy from one of the ten companies. now they can choose their own provider. 150 are listed as retailers. many people are in a wait and see mood. 2.6% of households have applied to switch retailers as of the end of august. >> translator: it's unclear how much money i'd be able to save. >> translator: it's just too much trouble. >> for more on this, ai yuichi asked why consumers are switching. >> well, many of them seem to be unsatisfied with discounts. the new retailers are offering. and people say the money that they save amounts to only about a few dollars per month. they seem to be feeling that isn't enough considering the hassle of the paperwork needed to switch companies. consumers also question whether the new retailers can maintain a

the adb's economic outlook is for 45 asia pacific countries and territories. it excludes some industrialized nations such as japan and australia. they predict the economy will grow 5.7%. that's the same as their previous forecast in march. the analysts say recovery is slow in countries like the u.s. and japan but upgraded their forecast for china to 6.6%. they say government spending has stimulated domestic demand. robust personal consumption will help india maintain 7.4% growth. they say if the u.s. fed raises again, they may pull fund out of emerging economies. calling on countries in the region to monitor u.s. monetary policy and take appropriate measures. >>> here's a look at some of the other business stories we're following. special coding will be applied to roads used for marathons in the 2020 summer olympic and paralympic g games in tokyo. the idea is to reduce the surface temperature to help runners cope with hot weather. they'll use a special coating that reflects the rays of the sun. they also plan to place material under road surfaces to retain wat

anna: breaking news from the swedish engineering business, adb.g their cable euros.s for 836 million closing of the deal is expected in the first quarter of 2017. they are talking about taking market opportunity -- seeking market opportunities within inter-connectors. the latest on that story for you . let's get back to the broader market action, a lot of activity in the broader sector in japan. haidi: thereeek -- is a feeling that the market is trying to digest and work at what this means and whether these gains we are seeing can be held onto. this is what we see, tokyo stocks closing higher. there is a reversal of previous losses and hang on to the gains after the announcement came through. we are seeing gains around the rest of the region. korea closing of higher at .4%. australia seeing gains. u.s. -- cruise in the gains and crude in the u.s. meeting -- energy stocks on top of the financials that pulled that rally driving this higher. ready flat when it comes to southeast asia. we will focus on the fled into -- on the fed in terms of what this