he says there will help stabilize the asia pacific region.ly being deliberated in the diet. u.s. democrat joaquin castro is the co-chairperson of a congressional caucus seeking closer ties with japan. he's currently on a visit to tokyo where he met prime minister abe. in an interview with nhk, castro spoke about china's new aggressiveness in the asia-pacific region. he said the u.s. should hold up its commitment to the security of japan and territorial sovereignty should be respected. he referred to the ongoing debate on the new security bills. >> the united states supports japan's move towards affirmative defense and stronger defense. and we believe that work together we can make sure that this region is safe and secure. >> the congressional caucus on japan was established last year. it consists mainly of about 70 members of the house of representatives. >>> the head of the panel choosing a new plan for tokyo's main stadium for the 2020 olympic games says realistic limits on costs must be set. shuzo murakami chairs the japan sport council sc

that means that of the deaths during the asia-pacific or, 19 million were noncombatants. of that total, roughly about a million were japanese. the sources are pretty close together, with respect to japanese losses. maybe a little more, maybe a little less. needless too say -- say that for every japanese combatant that that, somewhere between 17 and 18 combatants of other nations died during the war. about 12 million were chinese. now, i have been working on our current project with respect to the trilogy on that and coming up with a catalog of what those numbers actually mean. i will just touch on two things. because of the conduct of the imperial army in places like shanghai, it produced this title wave of refugees in china, numbering at least 45 million. areased inland away from occupied by japan. quite frequently, chinese families were -- [indiscernible] included parents and children, sometimes five or six or more. and at the end of the long flight, the parents would arrive in refugee centers with one or two children, having abandoned the others along the way. that sor

there is only one story -- the carnage across the asia-pacific.ere is any relief out there. rishaad: victory harbor at the moment. we are seeing pretty much a stock rout across the asia-pacific. this is "asia edge." ♪ a look at our top stories. the fear is that. -- is back. stocks erasing more than half $1 trillion that start of -- the start of the day. the bloomberg commodity index the lowest since 1999. and west texas below $40. futures in their longest slide for three decades. hour, also coming up this marathon negotiations continue between north and south korea as kingdome -- as kim jong-un turns up the heat. powering down. toyota takes a hit in tokyo with confirmation its biggest chinese plant will remain closed for at least two more weeks. plus, banking on streaming. softbank in charge of netflix distribution in japan beginning in september. those stories and more in this monday edition of "asia edge." falling off a cliff. what do you want to describe it as? it is the view across asia. below is close since april.

markets in the asia pacific region gave a bit of a mixed picture. ho kong gained nearly 3% but plunged 12% and posted the sharpest monthly drop in years. here's a look at the other stories we are following. >>>. >>> officials in the economy ministry say japan's i don't think fell 0.6%. looking ahead, ministry officials report an increase in oductivity in augu. housing starts in july officials say were up 7.4%. rental untsdz up 19%. the number of homes built for sale dropped 9%. fisherys officials from around the pacific rim are gathered in a northern japanese city to look at ways to restore the world drind i dwindleing stock of pacific bluefin tuna. overfirst quarter reduced it to a third of what it was 20 years ago. >>> now, let's take a look at our global economic calendar for this week. first, india will release the gdp data on monday. on tuesday, we'll find out how china's factories did in august. the official manufacturing pmi in july dropped to 50 from the previous month 50.2. over in frankfort, officials at the european central bank will hold

looking at asia pacific. hong kong's hajj sing fell 4%. zplmpblths. >>> here's a look at some of the other wheres stories we are following. tokyo oil futures plunged to their lowest level in more than six years on concerns of coin's slowdown. market sources say the drop is due to speculation that higher u.s. oil production will create an oversupply. one of japan's department store operators will open a website where luxury items. they are holding hands with high end brands, including clothing and fashion accessories. officials say the site will offer a wider choice of brand than its competitors. consumer prices in singapore are falling for the ninth straight month, off 0.4% to a year earlier. that's the biggest category of items if singapore's consumer price index. now, let's take a look at our global economicalen dar for this woke. first on tuesday, the climate index for august will be out. sentiment if europe's largest economy in july pointed to an improvement. on wednesday, we have u.s. dur annual goods orders for july. on thursday, off

asia-pacific, the same as yesterday. put those things together, we are looking at 3.5 percent increase. but do not get too excited. combining them, it does not take us back to the levels of last friday. what is more encouraging is the shift of money. kiwi-yen? the that is a good indicator. the japanese yen back into more high-yield. pboc injecting some cash into the system to open market operations, another $23 billion u.s. analysts have already flagged that regulators need to do more to replenish liquidity. that is what happened across the markets. we are seeing a good day. philippines, 5.6%, the gdp figure for the second quarter. 5.7%, acast was 5.8%, little bit of a miss. we will talk to the finance secretary later on. , i think one china thing worth noting is that you are seeing a trading halt, over 500 between the two exchanges. futures, last i checked, up 5%. that is still in the money. -- stocks still halted. those are some of the main tools these chinese firms use in tracking. suggestion to the regulators in chin

i said you're supplying the asia-pacific market. there's another consider called russia. if you think, you, you think, you know, the ground rules haven't changed when it comes to cyber these days, might someone like a national targeted attempt try to shut you down so you don't take their market share away? >> what's the coast guard standards for cyber? we don't have those. industry is incentivized undoubtedly get smart on cyber? we need to be up to leveraged cyber as well. for weeks ago we had six drug interdiction spirit over an area from canada, united states, mexico, central america, six both overt and expansive that large in the open ocean. we got all six of them. would not have gotten any of those if we're not able to leverage the cyber domain and vector our ships to what we knew these threats were operating. many of you set up for in the intelligence community probably configure how we do that but if someone compromises our ability to cyber, and we're not able to do that. when you look at search and rescue but i wish those two teenagers had an emergency distress bea

across theks asia-pacific are closely watching this move as they go forward. let's not forget the federal reserve in washington, how that will impact it. on equities rallied today, extended merging -- emerging markets. you are seeing gains, a nice healthy move, building on its gains. the in hong kong, here are key movers, technology is the key focus. at a time when their rival, alibaba is under pressure, 10 sent is powering ahead. the travel and leisure stock are under. --ssure lenovo missed out lenovo missed out on investor concern that it's growth strategy is not moving fast enough. jonathan: let's recap, the people's bank of china dropped its reference rate for the for -- third day, lowering by 1.1%. the central bank came out swinging against allegations of competitive devaluation. where nick beijing is standing by. another day of cutting the reference rate come are we out of the woods? has devaluation hit the lower limits? question thes the last couple of days, how low would you want to go. they seem to to have made that clear. of the trading session, sudd

in china, southeast asia, the pacific islands and elsewhere that became the battlefields, numerous innocent citizens suffered and fell victim to battles as well as hardships such as severe deprivation of food. we must never forget that there were women behind the battlefields whose honour and dignity were severely injured. upon the innocent people did our country inflict immeasurable damage and suffering. history is harsh. what is done cannot be undone. each and every one of them had his or her life, dream, and beloved family. when i squarely contemplate this obvious fact, even now, i find myself speechless and my heart is rent with the utmost grief. the peace we enjoy today exists only upon such precious sacrifices. and therein lies the origin of postwar japan. we must never again repeat the devastation of war. incident, aggression, war we shall never again resort to any form of the threat or use of force as a means of settling international disputes. we shall abandon colonial rule forever and respect the right of self- determination of all peoples throughout the world. with deep repentanc

out theret is a rout across the asia-pacific. "ront and center on "asia edge today.ay with us. ♪ let's take a look at the stories making headlines around the world. angie: singapore has been promised more editors ahead of elections. the premier announced plans to raise the employable age to 67 from the current 65. he said he would call in elections soon, which would be critical for singapore's direction over the next two decades. rishaad: the americans who helped avert a mass shooting on iteris-bound train a they acted purely on instinct. publicly foroke the first time since a heavily armed man tried to open fire in a crowded carriage. they helped subdue the attacker, who was a 25-year-old moroccan who authorities say had links to radical islam. angie: welcome back. steve, and is shery, the cohead of asian equities at mcquarrie asset management. thisad: we were looking at earlier. steve and i were messaging on friday about breaching 3500. stephen: on friday, it did that. sam: where is the support? stephen: you are saying china is losing the arm wrestling. sam: i thin

asia-pacific's cio. raymond, thank you for coming in.ata out of china not looking great and the us stocks. before it happened, we had you a you say you were optimistic about chinese shares. how do you feel about them now? -- we had you and you said you were optimistic about chinese shares. raymond: we seeing the market will trade in the red because there will be support measures. at the upper end, more selling. if you look at the whole overall shares andt, china h they look attractive in terms of valuation per shery: we have been talking about those shares for so long and we are not that story materialized. raymond chan: people to come back to china. you need to see china's economy is stabilizing right now it is not. .he pmi is falling we need to see it to stabilize. and more measures from the government. interest rate cuts so we need to see more favorable deals. having said all of this, hong kong stock is -- [indiscernible] the corporate government and china stocks and for people who want to get exposure to the china market, the first t

>> wall street is a big influence across the asia-pacific region. was underpinned by the comments from the u.s. fed chairman, william dudley that an interest rate rise looked less compelling in september. that gave investors a good chance to pile in and buy stocks that had been beaten down. but the actions in china have helped. shanghai up at 2%. there has been a little bit of volatility. but it looks like yesterday in shanghai. the markets are swinging around a bit but nothing like this week. shanghai was down 20% over the past five days. the calm is returning, rosemary but no one at this stage can say with any degree of certainty how long it will last. >> that's what i wanted to ask you whether it signals an end to china's market woes for a little bit perhaps. but what about the current economic troubles of the country? >> we've seen this before, this -- which turned into a lull, a calm between storms, when the market came off sharpry after in july, after peaking in june, there was massive falls in shanghai which were only stopped by a lot of gove

let's bring our asia-pacific editor andrew stevens in.kong to break down these numbers for us. hello, andrew. >> hello, natalie. yes. you showed the key to driving what's been happening in asia-pacific markets today. take a look at that dow streak, that dow wall street number. a big boost thereafter revision of economic growth in the u.s. sharply higher so the u.s. economy, world's biggest really is motoring on very, very nicely. combine that with people now thinking there's unlikely to be an interest rate rise in the u.s. soon and to get a powerful rally on wall street which flows through very much into the asia-pacific markets. and if you take a look at someone like tokyo, interesting behind the numbers there, japan was up sharply. and it was being led by the commodities companies, like mitsubishi, like mitsui. they are big companies. it is important they're up. because what it is saying is that the growth from the in the u.s. is offsetting any slow down in china which means there will still be a demand for raw materials, hence commodit

bringing it back to the asia-pacific. in southeast asia, watching the malaysian ringgit.overnment releases the latest factory output numbers for june. that estimate is 14.3% for the expansion in factory output. we will be monitoring the currency amid the prospect of higher rates by the u.s. federal reserve. that is a check of the top stories driving the forex markets this monday morning. angie: foreign investors are losing confidence in malaysia, prompting the biggest fund outflows in seven years. scandal political swirling around the prime minister and growing doubts over the economy. let's go live to our southeast asia correspondent, haslinda amin. have we seen the worst? haslinda: not quite. further outflows are still possible. the sentiment is being eroded even more. let's look at the numbers. $3 billion put out by foreign funds this year alone. the klpi is slumping in that period. there is concern of a crisis. the company will focus on growth. as it is, malaysia has already had a commodities rout. the expected rate hike expected to weigh on it as well. they can hardl

. ♪ rishaad: asia-pacific stocks extending losses.after the latest chinese manufacturing gauge falls to a six-year low. hang seng entering a bear market. caution oil fell to the weakest reading since march 2009. david knox is the latest victim of cheap oil. stepping down. santos has been cutting jobs. it has like the possibility of asset sales too. the company is undertaking a full strategic review because of continuing pressure on its share price. the stock up today 3%. 'greeces debt drama has taken a new twist. prime minister alexis tsipras decided to call an early election. this adding another element of uncertainty. billion in as $95 new bailout. citrus aims to isolate dissenters and return to power with a broader mandate. closing up foro its lunch break on this last trading day of the week. getting more reaction to that week manufacturing gauge out of china. here's juliette. i want to show you the reaction from the hang seng index, the shanghai composite, and the aussie dollar. the aussie dollar had this big spike coming down, ex

in on thek asia-pacific. it has the below that 18,000 ofk and headed down three the momentum is downward. there does not seem to be a stop in asia at this moment on this global route. 3% down. cost be extending losses as to the commodity producer. equities down more than 1%. -- youining it is predicted the pboc will come in with a cut this weekend to try and stop what we are seeing as an worldwide [indiscernible] but let's focus in on the and mental's of us global out. are concerns about the slowdown in china. you take a look at the numbers. his china slowing down faster than people had originally thought? guest: definitely. china contributes the most incremental demand. the financialing crisis. tightens started to liquidity. it is in the name of deleveraging. we see the severe crackdown on the shadow banking industry in china resulting into several crises. this year we are seeing fiscal the concern ofto local government borrowing. a slowdown in chinese investment. slowdown is much faster than people expected.

you can see every sector on the asia-pacific index in the red. we are closing up in china, flirting close to that 35000 poi level, whichnt means government intervention. the shanghai composite is down 4.2%,%, -- down officially entering bear market territory. they close down by more than 2%. taiwan is off by 3%. three markets in asia are now in bear market territory. the south korean index, to added to the woes, is having his worst close in two years. all the equity selling that we have seen globally, the weaker oil price, and the tension between the north and the south. in japan, a terrible day for the nikkei 225. only one stock closed higher, 3% loss in japan, australian down by 1.4%. i want have a look at the shanghai composite just to see where we are at. we have been getting very close 0 point level, the new resistance level, and we will probably close a slightly above it as we close off in the stocks. mark: thanks a lot. today, china stocks are wiping out gains spurred by an unprecedented government campaign to prop up prices. the shanghai

it will cover the asia-pacific region and arctic so we have a lot going on as well.uard, many times we find ourselves on all seven continents across the globe including antarctica but today we have two special people who are with us. we are only on five of the seven continents but we will go back to all seven of those. joining us first of all is the tenant commander natalie best. she was a commanding officer of a patrol boat serving central command in the straits between iran and bahrain. she was the commanding officer there and i want to make a point that since 1978 every military occupational specialty in the coast guard has been open to women and they hit the ball out of the park, deployed for a year, young child at home, it is great to have you back. [applause] adm. zukunft: you also heard introduced petty officer riotta genai. he is an information specialist that works in an area where we can't say a lot about what they do. he is also a wing list and served on the coast cutter mellon. he was involved in a multilateral operation, not the nexus size, working with

cnn's asia pacific editor andrew stevens on the phone for us. andrew, the pictures just devastating. >> reporter: absolutely, christine. the death toll currently standing at 22. that bomb was primed to detonate with maximum impact. meaning it was timed to go off when the shrine area was at its busiest. a lot of thais coming home from work going into that shrine to pay respects, to receive blessings. a lot of tourists there as well. that is when that pipe bomb went off. they say they were called, they were given warning that there would be an attack, but they weren't given any further intell than that. they didn't know where and when. news coming in, but there has been another smaller explosion in the city. this is at a pier on the river which runs through the city not far from a luxury hotel district. authorities are on the scene at the moment. we're being told there were no injuries. that's important to note. we're just getting that news in at the moment. police have released this picture of a man in a yellow shirt. they say they cannot identif

asia-pacific down 1.5%. back to. angie: japan's economy minister has been digging in parliament. let's go over to yvonne man. you and monitoring the headlines. fun: reporters say you see in the safe asset. evaluation towards the japanese economy he did say is correct the safety little price drop makes the price for japan's much more difficult. he did answer some questions about the health -- hopes of using. that is what members are linked administratione is going to prevent this economy. he said the economy is continuing on recovery trend overall. he said the fundamentals are still seen as sound as is the u.s. right now. he said when it comes to the routehop for this market that we have seen their needs to -- and the response boj will decide what is next in the privateng sector moving fed by bit. the yen strengthening and we did see some weakness up to the opening. anti-: thanks for that. a lot of central bank's' hands are being forced hereby this. sentence.the the selling pressure is escalating especially malaysia and indonesia. the crossover to our selfies asia correspondent. h

the asia-pacific safeguards network begin to talk about the safeguards.i should point out all these organizations include countries in southeast asia, some oceana, maybe south asia as well. so it's much larger than just japan, south korea and china. those three country member of all but they do very large memberships and i think that a lot of it is focused on the experience of nuclear country can tell the countries looking to the nuclear power what to do, how do we do nuclear. how do nuclear safety, how do we do nuclear security and safeguard. not necessarily cooperation among the extent nuclear countries, but also to be blunt, a lot of these i think are kind of talk shop. you come and talk about things but there is no enforcement of it or really have some sort check to make sure to talk about is going to be put in practice. so i think this kind is to the cooperation is good, talking but it is good but what does it mean in the end. so maybe that's where the napci proposal is trying to get at. on the international level, the iaea also does this. the iaea h

we will see if the market in the asia-pacific region can follow suit. and have a live report. ♪ a good host, is a good host ♪ no matter where he's hosting. ♪ stella artois host beautifully next. ♪ expected wait time: 55 minutes. your call is important to us. thank you for your patience. waiter! in the nation, we know how it feels when you aren't treated like a priority. we do things differently. we'll take care of it. we put members first... join the nation. thank you. choose, choose, choose. but at bedtime? ...why settle for this? enter sleep number... right now all beds are on sale. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. the time is now for the biggest sale of the year, where all beds are on sale! save 50% on the labor day limited edition bed. save 50% on the labor day limited edition bed. know better sleep with sleep number. >>> we're going to turn to the global economy now. stock market in

. >> once again, stock prices down across the asia pacific region, the hong kong index followed the mainland's sharp decline, and the biggest stock market tokyo ended the day almost 75 points closer as well. australia suffered its biggest one day fall in four years down by more than 4%. what all these markets desperately need but don't have is investor confidence. adrian brown, al jazeera, beijing. >> still to come. violence in nepal, several have been demanding. >>> cooling off a major rally after a night of violence. violence. . >> hello again, a reminder of the top stories on al jazeera. talks between north and south korea have ended in agreement. north korea has expressed regret while seoul will stop propaganda broadcasts. thousands of refugees have streamed from macedonia to serbia since sunday. >>> stock market drop as investors express concerns about the chinese economy. >>> eight people have died as protesters clashed with police in nepal, 400 kilometers west of kathmandu. the protesters from the ethnic group wants a separate area in the cootion. intoibs is in kathmandu. >>> at least e

that is a very high-profile position in the banking strip, and certainly from asia pacific, and it's put the best interest and support behind the chinese way of doing finance. it will be interesting to hear what he has to say about the chinese problem at the moment, but his appointment is significant. >> so thank up. now, the german chancellor angela merkel, and francis hollande called for a common european approach to the refugee crisis, thousands arrived leading to scene into the continent. hundreds of people staying in the red cross shelters say the living conditions are overcrowded in inhuman. italian authorities are worried about the high numbers of unaccompanied minors. the coast guard rescued 5,000 in the mediterranean. the u.n. refugee agency criticized for not doing more to rescue people. there were thousands on to the greek land heading from macedonia to serbia. several thousands crossed the boarder. that's until the base gave up trying to stop refugees. the escalating numbers are due to macedonia opening. this report from serbia. in just two days, nearly 10,000 people. thi

. >>> checking on other markets across the asia pacific region. in china, shanghai composite index surged close to 5%. the disappointing data from china on producer prices and exports failed to hold back stocks if shanghai. instead, hopes for restructuring if key sectors lifted the index. >>> in sydney the s&p, asx 200 gained 0.6 announcements, pushing the australian benchmark higher. the index in the philipines was basically flat. seven years after the end of world war ii, the number of japanese who have not experienced the war first hand is growing as the generation that lived through it dwindles. some of the attend ands of those who fought in the war are selling the memorabilia their fathers and grandfathers brought back from the battlefield. >> reporter: he runs a shop in tokyo that sells items used in the war. he received a call from a person who wanted to sell some military memorabilia. he says large numbers of war-related items have hit the market in recent years. >> watch this. the car is packed. >> the shop is packed items once owned by m

if we look across the asia-pacific, this is how the industry groups are shaping up.sci asia-pacific index. looks like the only games we are seeing today are in telecoms. looks like we all need to keep in touch. certainly in china they are adding more people every day in mobile. these are your key movers across the telecom industry. star hub as we look farther afield. unicom, a major player. that is a small snapshot. a.'t forget, commodities -- commodities lower today. rishaad: data showing weaker showingicipated demand the steepest incline in nearly six years. stephen engle is having a look at this. slowdown seemingly gathering pace. stephen: the weekend data suggesting weakening demand at home and abroad. efforts to try and stimulate growth, they haven't sparked a recovery in the chinese economy just yet. producer prices seeing their biggest fall since october of 2009. last month, factory prices falling another 5.4%, the 41st consecutive month of ppi deflation. consumer price inflation inched up slightly to 1.6%, well below the government's target of 3% full-year. m

is seeking closer ties with vietnam amid china's growing presence in the asia-pacific region. but the communist country's human rights record could become a stumbling block. >> even as we respect the different political systems, we also have grounds for discussion. without theimplementation constitution effects, the role of journalists, legal reform and what it means to observe and practice what our commitments require in principle. >> after his meeting with vietnam's deputy prime minister and foreign minister kerry mentioned the issue of china's actions in the south china sea, including beijing's massive reclamation of the disputed reef. he said thursday at the forum, several asean members said they decided not to reclaim the areas in the south china sea. >>> more people died in a series of aftershocks. it seems many people whose homes were still standing after the first quake didn't realize they were actually close to collapse. here's the report on an ambitious project to keep survivors safe. >> reporter: this woman is an international ngo. she specializes in assessing disas

fears of an economic slowdown spread across asia pacific region. sydney's axx drofd 4%. the index has been sliding all we and tensions with north korea added to the sharp decline today pushing to its lowest in two years. >>> ministers from 12 countries walked away from their latest meeting this month without a deal for a transpacific partnership. japan's minister in charge of tpp talks expects to meet again as early as next month. >>> economic revitalization minister akira amari would try to speed up the next round of talks. >> translator: working level negotiation on unresolved issues are under way. we will consider an agenda for the next ministerial meeting while keeping an eye on the outcome of these discussions. >> amari noted japanese officials will try to get the talks resumed soon so participating countries remain committed to concluding a deal. he said participants should feel a sense of urgency and try to narrow down the issues in specified timeframe. >>> managers in japan's construction industry have a problem, a shortage of workers. work continues to rebuild f

on wednesday morning when the markets opened in asia pacific, yes it did have an affect on many of the regional neighbors to china, but the focus was on the shangha change high composite. most of the regional market, japan, kia, they're up only slightly. the interest rate cut allows more money from the bank to be loaned to businesses, to exporter who is have a short form in their cash flow as exports are now on their way out or the christmas market from the chinese manufacturers. it's important to try to bolster and help those industrialists. >> thailand says its business as usual following a deadly bombing in the capital of last week. it comes as tourist number four following the attack of the popular erdogan shrine in central bangkok. >> it was an attack like thailand had never seen before. in an instant, 20 killed and dozens injured in a soft target attack in central bangkok, at a shrine popular with tourists and popular with thais. who was behind the bombing is still a mystery, and there is only speculation on their motive. but that incident last monday did more than just kill and

once more the drop in chinese shares dragged down markets across the asia pacific region. the fear the slow down in china's economy is worse than what the government is letting on. the hang seng closed down more than five points. the region's tokyo market ended under 5% as well. sixth consecutive loss and australia was down more than 4%. what all these markets disprild needesperately need but don't he is investor confidence. adrian brown, al jazeera. >> gabrielle, adrian pointed out the chinese market down 30% since june. what he didn't add, it had gone up by 140% in little over a year. so a correction, perhaps. what is the sense, of what is happening in new york? similar things or just falling? >> no, very similar. it's falling. the question is, this is a correction, that's what everybody is saying. the question is, is this a short term correction or is it a long term correction? and that's what no one really has the answer to right now. clearly from the volatile day we've had in new york in the stock exchange, it's very much a day that was sell sell sell, now it's buy bu

what we have seen is a rallying of the markets in the asia pacific region, singapore, taiwan, south korea, australia even japan have all made small increases back into the black. anything between half a percent to 2.5%. the stock market has been at the hang seng and hong kong up 2.6 average at the moment. and that's looking quite stable. now, china was not out of the woods by any means. analysts here are saying it's a wait and see policy of what will happen to this market. it is very volatile. when china sneezes, the rest of the region feels it quite distinctly. >> what's been the reaction so for in beijing where you are? how is all of this going down there? >> on the surface, people on the ground, the public themselves, are watching what's going on in the markets. they are quite concerned. many of the middle class and pensioners do invest heavily in the market. and they are taking the biggest losses. many have sold properties, for example, to fund their purchasing of shares. when those shares plummeted, they didn't have enough money to pay off the loans for those shares. that's something

is trying to negotiate a trade deal with countries in the asia pacific region and malaysia is one ofountries, and there is a new law that would basically prevent the u.s. from negotiating with malaysia if it say -- stayed at the bottom of the list. so there are allegations that malaysia was raised just so the u.s. could continue negotiations. as for cuba, of course the normalization process is well underway, and there are allegations that cuba's status was elevated in order to keep the normalization process moving. undersecretary was before the senate foreign relations committee and had to defend how the report was put together. she insisted that politics did not play a part in this year's rankings. but the members of the panel who took part in the hearing, both republicans and democrats were very skeptical, and now they are threatening perhaps more hearings looking into how this report was compiled. >> all right. rosiland jordan thank you. >>> one family was dragged through agonizing heart break after learning their teenage daughter ran away from home and was then sold for sex. they

once more the drop in chinese shares dragged down shares across the asia pacific region. the fear, the slow down in the chinese economy is worse than what the government is letting on. the hang seng closed down more than 5 points. the regional's biggest stock market, tokyo, ended up 5% as well. australia suffered its biggest one day fall in four years. down by more than 4%. what all these markets desperately need, but don't have, is investor confidence. adrian brown, al jazeera, beijing. >> and be sure to stay with al jazeera america, we'll be live at 4:00 earn 1:00 pacific for the closing bell. >>> north and south korea have reached an agreement aimed at defusing their conflict. a mine that injured two south korean soldiers at the dmz, last week there was an exchange of artillery fire in the area. >>> france and britain honored four passengers on a train. alex, spencer, anthony, and a brich man, legion of honor medal is the country's highest honor. stopping a terrorist on a train to paris. >> we are here to honor four people who saved lives and gave an example of what ca

wednesday morning when the markets open in asia pacific it had an effect on many regional neighbours. the focus was on the shank hei come posit and the further south, the hang seng in hong kong. they fluctuated down on wednesday, and taken some losses, not the big heavy losses that we saw on monday. japan, korea, taiwan and australia are up. between half a percent and 1.5 percent. >> the interest rate cut allows money to be loaned to businesses, to exporters, who have a shortfall in their cash flows, as exports are on the way out. for the christmas market, very important time to bolster and help the industrialists. >> thailand says it's business as usual following a deadly bombing. the message cams as numbers fall following attack on the shrine. scott heidler has more. >> reporter: it was an attack like thailand has never seen, 20 killed, dozens injured in a soft target attack in central bank cock, at a shrine popular with tourists and tiaz. who is behind the bombing is a mystery, there's speculation on their motive. that incident did more than kill and maim. >> i know that they have

now, while the percentages across asia pacific and the market did drop, what we saw was a slight recovery. and through the day we saw, for example, the shanghai composite increase or improve from that 8.5% loss. started off at 6.5. it got to 4%. as the day grew and we have come to the close or near to the close, the actual losses sort of stayed where they were. let me give you an idea of what the regional looks like. taiwan, australia, singapore all gained in the market. but shanghai, for example, came down at 8% of a loss. hang seng was 0.7 of a loss. tokyo a loss of 3.96 the market. and the south korea index made a small gain, up plus 0.92. nobody is taking for granted that the problems that china's financial markets are facing are over. what is very certain is these uncertain times, investors small and large are wondering what the next few days and weeks will bring forth. on the larger scale, manufacturing and exports are wondering how this rapid fall in the markets are going to impact on their businesses both short term and long term. >> thank you. now, they used to say when america s

let's get straight to the marketeer in the asia-pacific. this is how we are starting the week.down below the 1000 mark. it is the safety haven play. to australia, where we are going to check out the asx 200 for you. china weighing on investors no doubt. australian dollar spot, that aussie dollar is also weakening of. be -- the k cost ospi is just starting. fresh off the latest rate cuts from the central bank among many chinese lenders are offering favors much less for their deposit. what are we see? banksn: you're seeing following the rate cut, offering less for savers deposit than they have in the past. what you can extrapolate from that is that, if tanks are not lending as much as, which is a slowing economy, they are not going to pay more for your deposit. that is what we are seeing across a number of banks. one offering 2.85 percent a year on two-your deposits. the deposit rate has been cut down to 2.35%. that is the benchmark rate. and the banks offer certain premiums above that to get deposits into their banks so that they can lend them out. but that is a 50-basis point p

please check out asia pacific america with robert handa on facebook and twitter. we would love your feedback. please join us next week and every week here. thanks for watching. enjoy the performance by the cantabella children's chorus. ♪ ♪ >>> good morning. you're >>> good morning. you're fired. donald trump claiming he gave a top adviser his walking papers while the aid says he quit over those controversial comments about megyn kelly. kelly. this as trump's rivals step up the attack. >> what donald trump said is wrong. that's not how we win elections. >>> final moments new surveillance video emerges of a black teen vandalizing cars at the texas auto dealership before being shot by a cop. the teen unarmed. was the shooting justified? this morning the fbi is investigating. >>> kayak terror. d

gdp figures and a rebound in oil prices boosted sentiment across the asia pacific region. tokyo stocks rose for a third straight day. the nikkei recovered the 19,000 mark for the first time in a week. we go to our business reporter yang at the business exchange. >> sentiments in markets across asia improved on the last day of a volatile week with u.s. gdp numbers. and we saw the nikkei average surge for a third day. here are the closing levels as we head into the weekend. the nikkei ended up more than 3%. the topix gained nearly 3.3%. the nikkei ended back above the 19,000 mark, though it hasn't been enough to recoup the steep losses from the meltdown earlier this week. is it was down 1.5% on the week. let's look at what moved the market on friday. energy firms were lifted by the jump in crude oil prices overnight. inpex rose almost 5.6% and idemitsu jumped nearly 6%. both companies got hammered earlier in the week when oil was at a 6 1/2-year low. trading house mitsubishi corporation surged 6.2% after announcing it's requiring a 20% stake in food giant olam international.

despite these efforts, investors in the asia-pacific region remain cautious. chinese markets continue to show strong volatility. the shanghai composite ended down about 1.3% at 2927. the index moved more than 240 points in a day. at one stage, it rose 4%, but it closed at the lowest level since december. analysts say the rate cut was not enough to give investors confidence in the chinese economy. other markets in the region were mixed. hong kong's hang seng retreated from yesterday's gains and lost more than 1.5%. some indexes were higher. seoul's cospi added more than 2.5%. australia gained nearly 0.7%. here in tokyo, the nikkei average rebounded sharply and snapped its six-day losing streak. the gains came as stocks in shanghai rose for a brief period. our business reporter at the tokyo stock exchange has the details. >> investors welcomed the measures by the chinese government. stocks in tokyo extended gains after the shanghai market went into positive territory. the nikkei 225 rose by 3.2%, finishing at 18,376. the nikkei ended positively for the first tim

once more the drop in chinese shares drag down parks across the asia pacific region. the main reason, a fear of the slow down in china's economy is worse than the government is leading on. the regions biggest stock market tokyo ended the day five points lower as well. south korea closed down by 2%. it's sixth consecutive loss. and australia suffered its biggest one-day fall in four years down by more than 4%. what all these markets desperately need but don't have are investor converse. adrian brown, al jazeera. beijing. >> and be sure to stay with al jazeera america as we track this volatile day in the stock markestock markets. france honored three americans and a britain for acting to prevent an attack on a high speed train. president obama franÇois hollande pinned medals on three americans and a british man. the legion of medal is the country's highest honor. the four men tackled a gunman friday who open fired on a train travelin traveling from amsterdam to paris. the attacker was heavily armed with weapons and ammunition. >> we're here to honor four people, four me

. >> reporter: trading across asia pacific opened on tuesday. they opened with baited breath for the traders wondering how the markets would react considering china's fall in the shanghai was so dramatic on monday. the markets were shaky, most making losses in the early parts of trading. they regained some of that ground as the day progressed and made up in some cases on those losses. markets that were in profits saw themselves reach the black again with taiwan, australia, singapore. the shanghai composite, perhaps the market that many global eyes were focused on ended at 7.63% down on the day. hong kong, hang seng was down by just under 1%, tokyo's market was down by 3.96. korea is makes a positive gain of just under 1%. certainly, the fears that many traders, investors, manufacturers and exporters feel about the chinese economy will certainly be there in the short and long term. because the effects of what we have seen over the past 48 hours will not be felt immediately, we'll be seeing those in the next few days and weeks and the reaction fro

. >> reporter: it was a day of ups and downs for markets across asia pacific, but many of them were japan, south korea, taiwan, singapore. the main focus was the shanghai composite, fluk 2008ing by making gains, and fluctuations. it ended down at 1.27%. and that will certainly gain heart for those that invest in the market. over the four days of trading, the market lost 20%. even though the central bank cut interest rates, it made it easier for banks to loan money, giving them the ability to have loans, and cutting the opportunity of gaining interest. it's the fifth interest rate cut in the last five months since november, and perhaps this might be a trend that may continue. for the moment, china is not out of the woods. it's a serious situation officers the domestic market, the international perception of china's markets, as though the everyone will watch how china pulls out of this and regains the confidence that it needs to make sure investors pull out the capital, and they are attracted to the chinese industry, market and stock exchange. >> south korea says it is willing to discuss en

but plunging oil prices hit some markets in the asia pacific region. in tokyo the nikkei average edged down by 0.37%, closing at 20,519. lower oil prices and profit taking from yesterday's gains dragged it down. the index lost 1% over this week. chinese stocks seem to be recovering. the shanghai suppose it gained nearly 0.3% to hit a three-week high. for the week, the index rose 6%. that's the biggest weekly gain since early june. falling oil prices also hit resource heavy markets such as australia and malaysia. hong kong ended the day a touch lower, posting a fourth straight week of losses. the philippines lost 0.4%, extending losses to a third day. japanese food companies are promoting their products at a trade fair in hong kong. authorities there continue to restrict food imports from five japanese prefectures since the 2011 nuclear accident. more than 240 firms and organizations from japan are taking part in the three-day event. hong kong is the largest customer for japanese agricultural products. on display are fresh seafood delivered one day afte

. >>> moving on to other markets in the asia-pacific region. investors in china shrugged off upbeat data on service sector activity. the shanghai composite slid 1.65%, closing at 3694 as some traders booked profits from yesterday's rally. indonesia closed up 1.5%, 4850 following the release of the country's gdp figures. the economy grew 4.67% compared to the same period last year from april to june. that's the slowest pace since 2009. financial stocks rose sharply in afternoon trading. shares in hong kong rebounded from two days of losses. the market in malaysia gaining by a fraction as we see there following unexpectedly strong trade figures for june. export s surged 5% as shipments to china increased. >>> a record number of households in ja wpan are on welfare due to an increase of those who need support. ministry officials said recipients in may stood at 1.6 million, up from the previous month. households headed by seniors age 65 or older accounted for half the total, rising to nearly 800,000. that's up by more than 1400. younger recipients

inside my bloomberg terminal for the one thing you need to know thehat sales are in asia-pacific regione: another thing you don't want to miss, jobless claims. i like this because it is a high-frequency economic data point, every week. it is sensitive. if the economy is starting to deteriorate, we might see it there first, because we get it so frequently. something to watch. alix: have a wonderful weekend. it has bee ♪ ♪ in new yorkstudios city, this is "charlie rose." charlie: misty copeland is here. last month, she became the first african-american woman to be named principal dancer of the american ballet theater in its 75-year history. the news came a few days after her new york debut in "swan lake." she began her ballet training at the unusually late age of 13. in two decades, she overcame numerous obstacles to become a rare pop culture celebrity. here's a look at her recent profile on cbs

. >> now malaysia's currency is one of the worst performing in the asia pacific region. over the past year the russian ingot. >> thingot. >> the machine parts are 20% more extensive and are effecting profit margins. >> steve set up the plant ten years ago and is rethinking expansion plans. >> due to the currency rate, so maybe we won't expand too fast. expand will be slow. >> cutting costs also means hiring fewer people with skills from home and abroad. economists are already evaluating the impact of malaysia's following currency, the ringgit. >> malaysians, may want to take the capital from here. the capital will have drastic consequences on the economy. >> they lean on developing of oil, the currency has lost 12% of its value against the u.s. dollar in the last 12 months. the governor of the central bank of malaysia has ruled out taking the ringgit against any other currency. >> i want to categorically emphasize that we don't expect to peg the currency. the fact that we have a flexible exchange rate regime helps our country to adapt. if it doesn't adjust, then prices a