haruhiko kuroda was sworn in wednesday as the new boj governor.e took over a day after masaaki shirakawa stepped down, kuroda bringing an end to more than a decade of inflation. prime minister shin bow abe it requires closer coordination between the government and the central bank as well as a boj chief willing to undertake bold monetary easing. by all accounts, kuroda is his man. >> translator: the japanese economy has been struggling with deflation for nearly 15 years. the greatest mission of the central bank is to end deflation and achieve the inflation target of 2% as soon as possible. >> cue row do da has said he believes the boj can achieve the target within two years and says he'll use every tool at his disposal to make that happen. >> translator: the bank of japan must use all possible means to achieve the 2% inflation target. by expanding monetary easing both in terms of volume and quantity, the 2% inflation target can be achieved. >> joining kuroda are two more deputy governors, kikuo iwata, a former professor and former executive direct

boj. so i think the boj need to do more to positively surprise the market. and currently they're only buying up to the three-year space. but if you look at the ten-year japanese bond, it's yielding i think 0.63%. so do you expect they're going to start buying in the long run or do they shift into other assets? i've heard people say they could do anything from stock toes japanese reits. >> right, right. first i think the boj will concentrate on lowering the yield curve. so i think boj will be a positive surprise, but i actually do expect boj to say that they will allocate certain amounts of purchase to long duration jgb, such as 10 year, 20 year. and i think that would positively surprise the market. >> okay. and the yen going above 100, that's tukuji's calling. thank you very much for your time. we'll take another look at another story unfolding in japan. boeing has brought out its experts in japan today. among the fixes to the 787.including isolating batteries in a steel case and adding s

i'm convinced it's an achievable target. >> he said boj policy board members will decide on what sort of assets to buy in upcoming meet meetings. he was asked about concerns that it may be scene as fiscal deficits. he denied that saying buying government bonds from the market is one of the central bank's monetary measures. >>> japanese business leaders are hoping he will take bold measures to reenergize the sluggish economy. >> translator: our business has been so tough over the past 20 years due to prolonged deflation. consumers are reluctant to spend money when prices keep falling from one day to the next. i hope the boj will work closely with the government and take bold monetary easing steps to bring deflation to an end as soon as possible. >> translator: we have high expectations for the boj under kurodo's leadership. kurodo and his deputies have abundant experience both at home and abroad. they will make a great team to guide the economy. >>> we spoke to bill devinny. >> kuroda was actually quite clear that he wants to expand asset purchases, he wants to buy longer dated bonds a

the collapse of lehman brothers, and the march 11 earthquake. >> he expressed hope that the boj and the government will step up efforts to pull japan out of the long period of deflation. >> japan now has an opportunity to end deflation. the yen is falling and the stock prices are rising. >> he said he did his best to try to stop deflation as soon as possible, and spur economic growth. the band bought bounds to pump liquidity into the economy. but he expressed that he had taken extreme care to make sure they did not end you have shouldering the country's debt. also, he said they could not change fast enough to keep up with the ageing population. chief researcher spoke about his time in his he criticized the boj governor for not working hard enough to get the country out of deflation. >> translator: end deflation. he failed to clearly outlike the boj's responsibilities and to appeal to the public that they would take aggressive steps. >> but he gave him ret for stabilizing the system. >>> transportation officials sri lanka have opened a new international airport with a lot of help fro

the boj has a lot of work to do if they're going to achieve that. >> all right. always good to see you. thanks so much indeed for joining us. still to come on today's program, it's 2013, the year of the big m&a fiasco. our next guest disagree, has millions, a new job at yahoo! and has yet to turn 18. more when we come back. >> of course, there's been a trust fund so i can't just go and touch that money. look, i don't really have anything i want to kind of buy immediately. >>> hello. i'm ross westgate. this is "worldwide exchange." here are your headlines from around the world. details on the cyprus bailout emerged. the finance minister saying the bank deposits above 100,000 euros could be this the region of 40%. banks will reopen on thursday. stocks try to recover tr being disciplined. the head of the euro group backtracking after his comments regarding the cyprus template sent markets into a tailspin. >>> and there's no place like home. fresh data out today on u.s. hope prices could show the sector continue to claw its way back to recovery. >> announcer: you're

this was the last board meeting for boj's governor. he's stepping down later this month. >>> after the meeting, he said that the boj's easing measures over the past two and a half years through bond-buying operations have brought down long-term interest rates. he said the effort had been leading the economy toward the exit from deflation. but he added the government should do its part and restore fiscal health. >> translator: once market players both domestic and abroad consider that the boj's bond-buying operations are aimed at financing the government debt, that's when long-term yields will rise. this would hurt the real economy. both the government and central bank should be maintain strict discipline. >> shirakawa was asked about the possibility of the central bank's long-term monetary easing pushing property prices higher. he said the central bank is responsible for keeping a real estate bubble in check to avoid its negative impact. >>> the people in charge of weather alerts have overhauled japan's tsunami warning system. they hav

he failed to clearly outlike the boj's responsibilities and to appeal to the public that they would take aggressive steps. >> but he gave him credit for helping to stabilize the financial system. japan did not experience a financial crisis despite the collapse of lehman brothers and the earthquake two years ago. here are the latest market figures. >>> people across iraq are looking back on a war that took away one problem and replaced it with many others ten years ago on march 20th, u.s.-led forces invaded their country. saddam hussein's regime collapsed in less than a month but the conflict stretched on for much longer. the sectarian violence triggered continues to this day. nhk world's sho beppu covered the war and its aftermath. he's now back in baghdad. sho, how are things in the iraqi capital now? >> reporter: right. i can say that it changed quite a lot compared to those worse days. it seems lively, at least on the surface, streets in baghdad are busy, especially in the center. roads are jammed with cars, and the shops are packed with people. residents who sought refuge elsewhere,

now, speaking of which, as expected, no change in policy in the boj this time around. investors are looking forward to a new regime change at the central bank when a new chief comes on board. if all goes well, kuroda could be confirmed next week. many expect the central bank to release fresh moves. is this then the calm before the storm? we'll have analysis on just what the new governor has up his sleeve live at 10:20 cet. first, though, check on markets in asia. li sixuan joins us from asia. we just talked about the bank of japan. what was the market reaction? >> thank you the despite the dow racking up another record high, asian bourses were. the boj may be bracing for bolder actions under the new governor at its next meeting in april. the nikkei 225 rose briefly ending a fresh 4 1/2 year high and ended up 0.3%. olympus shares made solid gains today, up 5.5% after the nikkei business daily said the company ames to slash interest bearing dead with around $1 billion for the year. in china, investors remained cautious with key economic data out due out tomorrow and this

we think that the current stance and the shift at the boj with the new governor taking place later this week is clearly the best opportunity japan has had in the last 15 years to get rid of deflation and i think in that sense we are staying with the market momentum which is very constructive on japan. that is our biggest overweight. >> regional equities. >> we'll leave it there. valentin, appreciate your time today. >> i had mentioned as well the u.s. stocks. here is a look at futures. we saw it in cypriot banks, cypriot stocks reopen not happening. they will be staying closed until at least thursday. largely looking down on the dow by 14 points. the nasdaq and the s&p pointing higher when it did emerge that cypress wouldn't be voting and not approving the terms of the bailout last night. we're still waiting for the final confirmation on the timing of that vote. not so much market nervousness here. the ftse cnbc global 300 is down by 0.1%. as we look at major european markets, the ftse mib has not flipped negative, but it was positive. giving up 0.3% as spain did just indicate its bad l

the boj currently buys jgb set in sterling one to three years. he also will consider bringing forward boj's plan to introduce unlimited monetary easing which is currently set to start in 2014. now, the tokyo market welcomed the pledge for the aggressive easing and the nikkei 225 even touched the full year end price month high. the foreign exchange market reacted and the yen started 93 again against the dollar which was a one-week low. the leading party hopes to pass that before the new governor sits down. >>> now, china is to be mum on its military spending plans for now. beijing typically reveals the budget a day before the national congress. but today they declined. the official did say china's defense spending is not a threat to any other country. last year, the official military budget rose 11%. analysts say the actual figure is likely much higher while they've increased spending on the nuclear ars mall. i love that. it's not a threat. >> no, clearly. >>> the world's biggest aluminum produces is feeling the effect of less prices due to tough

he said achieving that goal promptly would be his most important mission if he becomes boj governor. party secretary general expressed a favor notion. >> i got the notion he was a dependable person. >> if the dpj approves the nomination he will gain the support of the opposition controlled upper house even if other opposing parties disagree. he leds the asian development bank. let's get a check on the markets now. tokyo share prices are higher tracking monday's gains over in the u.s. the nikkei average is trading at 11,748. that's a gain over .8 of a percent from monday's close. the bank of japan will take more aggressive steps for monetary easing. let's take a look at the currency markets. market sources say traders are looking to hear remarks from the government nominees for the deputy governors of bank of japan at the diet. the dollar against the yen quoted at 93.40 to 45. the euro is little changed against the yen. that pair is being quoted at 121.68 to 75. participants are waiting for possible developments at europe's finance minister's meeting later on tuesday. now let's take a

that boj will take strong measures but you know that situation in europe must be a real headache for him. where do we stand today? >> he must be looking at the euro/yen trade right now. let's look at the currency levels on the screen. dollar/yen 94.36 to 41. that could change. eu euro/yen 120.62 to 64. two trading days left for there month. we'll be keeping a close eye on the yen and how that affects key blue chip stocks financials as well as real estate shares here. >> thanks for that update. mitsubishi may have identified the cause of a short circuit. the company has suspended production of the vehicle. it had partly melted from overheating. they are warning owners not to recharge the battery. pre-shipment inspections have found metal chips and other objects in the battery. some of the objects may have entered the battery during production and still passed inspection. they plan to increase sales of its plug in hybrid and electric cars. it wants to produce production to more than 20% of out put by the end of the decade. the company will minimize the battery fault by quickly identify

. >> flst a lot of approval on the next boj governor. >> the nominee for the next bank of japan governor and he is seen as an advocate of aggressive monetary policy. he is expected to replace current bank of japan governor. let's have a look at the yen as you mention there. the yen's weakness has been one of the main driving forces for the nikkei. the euro 125.93 to 98. the euro a little bit of concerns about the italian public finances which halted recent gains in the single curren against the yen. you can see there at the upper 125 yen level. we'll be keeping track of the weakening yen and any other moves in those key sectors that i mentioned. exporters, real estate and bank shares. back to you. >> thanks for that update. the nikkei up .8 of a percent this morning. the government is selling off shares in cigarette giant tobacco. the proceeds will be double that of early forecasts. the plan is to sell off more than 330 million shares of the state backed tobacco giant jt. about 80 million shiares have been sold. the remaining 250 million or so will be offered on friday to domestic and fo

. >> as part of monetary easing the boj has been buying the country's government bonds but the bank also has a self-imposed rule that caps the bank's bond holdings below the value of bank notes in circulation. kuroda said he will review this rule and may even consider abolishing it. >>> executives of ailing japanese electronicsmaker sharp say year-long negotiations on a capital tie-up with taiwan's hon hai precision industry have broken down. the japanese company has been unable to receive funding from hon hai as scheduled. sharp made the announcement on tuesday. in march last year, sharp agreed to accept investment from the taiwanese manufacturer to rebuild its business. hon hai in turn was to acquire a stake of nearly 10% in sharp. but their talks stalled after sharp shares plunged. and no agreement had been reached by tuesday, which was the deadline for hon hai to provide funds. sharp officials say they have not entirely ruled out the possibility of opening a new round of talks. but it's unclear whether they will ever reach a deal. the two companies have failed to agree on the share p

ashley: despite what the boj does. >> despite what the boj says and what they do. 96 dollar-yen middle of november. i think market is pricing in all the bad news. all the monetary stimulus and fiscal stimulus. i think the next big move is squeezing some yen shorts out. >> when looking for high yield i thought the aussie dollar was pretty attractive? anything out there? what about the brazilian real? >> brazil trying to control currency. ashley: they're worried inflation in brazil. >> the currency we like in latin america is mexico. it has done well and boston consulting group says for the first time, chinese wages are above mexico's wages. and so we're seeing this is just attracting, say auto industry. several japanese car manufacturers locating a plant in mexico to begin servicing the north american market. ashley: very interesting. mark chapped letter, thanks as always for being here. >> appreciate it. ashley: there you go. peso. tracy: cover ad ton of stuff. ashley: yeah we did. tracy: around the world in three minutes. coming up, wal-mart's radical new plan for

reflationary policies boosted property counters ahead of kuroda's widely expected confirmation as the boj's next governor. but seiko cut its full year dividend outlook and dropped over 4%. the shanghai composite today gained a modest 0. % after losing for five sessions, so nothing to shout about. some sectors that had recently lablgd the market made a modest comeback such as law eshg mas, environmental stocks, media and medical shares. both miners lost their sheen. according to chinese media reports, the lower prices of the pressure metal have put pressure on local miners. meanwhile, the hang seng reversed early weakness to finish marginally higher helped by utilities and financials. prudential's hong kong shares jumped a whooping 12% after the uk insurer posted higher dividends and profits. property plays took the brunt of the selling today after big banks hiked mortgage rates for the first time since 2011. elsewhere, south korea's kospi ended marginally in the green with automakers and technology shares capped by losses and financials. australia's asx 200 lost over 1% today as strong jobs

. >> boj is doing same thing as ecb and boj will probably accelerate their program as far as liquidatingcial system. that is adding real fuel to the fire as far as asset values moving to the upside. i don't think that will end anytime soon to be very frank. tracy: you say emerging markets. what does that mean in particular? where specifically? >> well, you know, there's three themes that we're looking at with the emerging markets right now. this is an area a, not a lot of people are paying attention to. people pay attention to what is it going on in the united states, europe and japan all three but what has been lost over the last year or so is the emerging market story. this is a group of countries that represent about 40%, about 39% right now, as a matter of fact, worldwide gdp power up from 21% gdp power 10 years ago. i think growth rate in this part of the world, which includes china, obviously, that is the 800-pound gorilla an the porch in this area. growth rate in this area of the world will probably grow by about 5% as far as gdp is concerned, compared to 1.5% for the developing w

this after the new boj governor kuroda down expectations of an emergency meeting in his opening press conference. the nikkei lost nearly 2% on the week, biggest weekly fall since november last year. but the shanghai composite managed to finish marginally higher with cementmakers leading the gains. the cement strengthened paper producers. the hang seng, however, slipped 0.5% today ahead of more earnings reports. petrochina's hong kong listed shares lost 1.4% after a reported bigger than expected 13.3% dip in 2012 net profits. but look at shares of china unicom. it had its best day in four months, up nearly 4% after post onning above expected profits. meanwhile, the kospi finished lower 0.1%. the asx 200 eked out a modest 0.2% gain. india's sensex now trading higher by a modest 0.2%. back to you. >> sixuan, thank you very much tore that. it was a mixed performance across asia. stocks took it on the chin today. shaping up for a bit of a rebound. the dow looking to add about ten points. there's plenty of auction emanating from european markets. take a look at the european bores ones. the

bad news equals good news by the boj, you name it, the central bank or maybe we're just so bombardedh you will a of the negative headlines that the market s market is increasingly immune. bob, why is your theory about why this fry pan is turning out a chicken chow mein without sticking? >> the reason is because the markets believe the central banks of the world have become the ultimate nanny state, that they are going to take care of everything. that remains to be seen but even in europe, if you'll notice, the declines have been relatively modest. take a look at the dow industrials. we moved on europe. we are moving on europe when word came out that the ruling party may abstain from the vote. we're not sure what is going on with the finance minister either. that's what happened there. moved down briefly. if you look at europe versus the united states, we're moving perfectly in tandem. here's the green. that's the european etf. you see this today, perfect match exactly moving together. so we're moving as the euro is moving and as europe is moving. i want to move on and talk about one

japanese investor and pensions are so acutely aware of what is going on as far as boj steps.o continue to weaken the yen and get a bit under gold in yen terms but more importantly to u.s. investors, forget about yen terms. by the ewj if you believe they will continue printing money. japanese equities are the main beneficiaries. >> o 0k, ewj is an easier way it do that. and thinking outside of the box, what about india? any chance that is ready to turn and run? ? a good way? run to the upside, i mean. >> i'll tell you, you know what, one interesting thing i read, is credit swiss does this report. it is one of the most inexpensive markets in the asian region is japan. last time they put it on the cheap list, india went over it 14 of 14 times. moody's came back and said it looked like the december quarter is the bottom of the cycle over in india. getting some aleavation. seems like a lot of pro growth measures. we are 150eing investors pick up the indy on the back of that, mandy. >> okay, dave. great ideaes. thank you very much for joining us today. you enjoy your weekend. after

the nominee for boj deputy governor said it's possible to hit inflation target of 2% in two years.retailing shares jumped 5.5% today after its clothing chain posted a nearly 0% year a year jump in same-store sales last no. elsewhere, south korea's kospi ended higher by 0.2% with technology stocks leading the gaens. in australia, retail companies helped to lift the asx 200 higher by 1.3% after posting the strongest january sales growth in six years. india's sensex just shut shop ending 11.3% higher. >> thanks, sixuan. >>> outgoing premier wen jiabao expressed it's important to keep the economy on an even keel. consumers replaced the heart of the cup's economic future. with the very latest on the national people's congress, eunice rejoins us from beijing. eunice, it sounds like china is trying to go the way of america circca 1995? >> well, that's right. it looks as though the government is trying to build a better social safety net. we saw that in how the new budget is being allocated. there's much more spending on health care as well as education and even cleaning up the environment

in japan, investors expect the new boj chief will implement a policy change next month and marked a third straight month of decline, stoking more easing hopes. property counters and other reflation betts led support to the nikkei. managing to bust the down beat trend, the nikkei gained 0.4% and is up for the third straight week. elsewhere, south korea's kospi outperformed up over 11% helped by banks and automakers, this despite a chart fall in the country's february exports. in australia, resources stocks weighed on the asx 200 down 0.4%. also on worries that the u.s. sequester could hurt global growth. >>> india's sen session just closed today's trading session up 0.25%. back to you. >> sixuan, thanks for that. >>> now, the deadline has passed for the white house and congress to reach a deal to avoid the so-called sequester. is that an oh, yeah? >> yep. >> automatic budget cuts won't go into effect right away. president obama must issue a sequestration order. he could do that at any point today. the white house says that will be as close to midnight as possible. john harwood sends us the

the yen was sold due to expectations of the boj taking bold easing measures by the new leadership whichver later this month. the yen drops to a 95 yen level today, hitting a 3 1/2 year low. asia's largest company pass retailing was one of the biggest gainers in today's rally climbed almost 10%. major exporters have advanced, as well. heavy industries rose 7.6%. revised fourth quarter gdp figure helped showing the economy returning to growth faster than expected. the government said gdp grew, revised 0.2% in the quarter up from the initial calculation over 3.4% contraction. we have data is showing a shortfall for the third month in a row as the country's trade balance worsened. it's partly because of a weaker yen which drives up costs of japan's energy imports. but economist res now saying japan is headed to a recovery backed by government spending and improving corporate profits the. >> it's amazing, if you look at the yen right now, we're looking at roughly 3 1/2 year lows against the dollar in today's session. for more, joining me now on the phone, dennis gartman. dennis, great to hav

a major bounce in japan with expectations running high ahead of the leadership change ahead of the bojll keeps on going after yesterday's 69-point loss and a bounce expected today as investors look to the fed. it kicks off its two-day meeting today with the best conference tomorrow. meantime, the vote is scheduled in cyprus hours from now and the latest deposit tax scheme. happy anniversary, apple dividend and it was a year ago when the tech giant announced its dividend in 17 years. will apple succumb to the bigger payout as it faces stiffer competition from samsung. lululemon doing the downward facing dog with the transparency with the iconic black yoga pants prompting the retailer to cut sales guidance and boeing clinches an order from ryanair. of course, we begin with the markets. the dow and the s&p 500 hoping to avoid their first three-day losing streak of the year. wall street will be paying close attention in about three hours from now. that country's parliament scheduled to vote on a proposed tax on bank deposits and the controversial measure appears set to go down in defeat. h

worries about further property curves and the boj outlining qe ongs in terms of buying japan government jgbs. that's the focus in japan this morning. the road map starts off with the bulls getting more bullish. forget cyprus at least for now. lifting the s&p to 17.60 and we return on record watch having a point away from the all-time closing high on the spx. >> no more subsidies that's what t-mobile is saying making it the first wireless carrier to do away with them. cramer calls it phoneacide. details on that call straight ahead. >> boeing's first test flight of the 787 goes quote, unquote, according to plan one step closer to possibly ending the worldwide grounding of dream linerses. we start with the markets. futures rising as the s&p looks to march to the record highs and yesterday was close, but no cigar coming within a point of the all-time closing high as optimism over the cyprus bailout deal faded pretty quickly. it was interesting because we saw the markets sort of starting to deteriorate in the 10:00 hour. so it was pretty fast. >> we needed to hear the repudiation of this --

the nikkei in focus in asia as japan looks ahead to next week's big boj meeting, this under new leadership>>> blackberry, a surprise profit, revenue miss and continued decline in subscribers all sending the stock on a volatile ride with the premarket, all shares trading higher. >>> cyprus banks reopen for the first time since march 16th on the strict capital controls. >>> s&p 500 denied its record once again yesterday as we look to close out month and quarter today. >>> pvh feeling the heat with its weak guidance taking the stock down. cramer's take on those shares. >>> the blackberry analysts had expected a loss of 29 cents a share. plaque berry lost 3 million subscribers during the quarter but sold 1 million units of its new z-10 device. the numerous changes at blackberry over the last year are having a positive impact. he will be a guest on street signs today at 2:00 p.m. eastern. that's a must-see interview. just watching the stock premarket, what a ride it has seen. amazing. >> i think there are people who want this stock down. we've been talking a lot in a very safbvy way in this net

japan in focus as hiroda is confirmed as boj governor. we have the nikkei up 1.5%. the seemingly unstoppable bull. the dow closing at new highs and the s&p 500 two point away from its record closing level and the markets getting a buy rating from alan greenspan who says the irrational exuberance is the last phrase he'd use right now. >>> samsung takes the wraps off of the s4 complete with the tap dancing kid. the stock in south korea pulls back by 2%. apple gets price target and an estimate cut this morning from ubs and stern. >>> banks moving this morning off of the stress test results. bank of america set to open at new highs and j.p. morgan under pressure as it gets conditional approval from the fed and as its former cio gets set to testify on the hill about the losses. >> and the fresh face from jc penney. the latest store within a store launched in 681 stores, but can they help rev up sales and we ginn with the markets and a chance for history-making moments on wall street. the s&p 500 enters two points away from the all-time closing highs and dow posting an ei

the markets have move on what the boj have said they are going to do. they expect that they will.tory going back 15 years of japanese bank intervention in the yen. if they do it in coordination with people it's usually successful. when they do it on their own it's not successful. this time they're trying to be successful because it's important on their own. that means they're really going to have to come in and move the markets with actual intervention. we haven't seen that yet. the market is in a pause right now. i really think they have to come in. >> do you think there could be a really quick turn around and the yen could strengthen if they don't see these immediately. >> yes. >> there was a story that said this would happen before april. if we don't see some moves in the next couple of weeks. >> the japanese have to know this. they've been through this before. a lot of institutional memory about intervention in the currency markets. so i think they will have to do this. they have staked a line and they have seen the swiss national bank be successful. so i think they will. and

the boj announcing that it's keeping policy unchanged. up next, we have decisions from the ecb and the boe. plus, we're still trying to rise above. we'll see. president obama and republican senators break bread and discuss solutions to the nation's fiscal crisis. >>> and another day and another record and close. the dow and the s&p 500 are now starting "squawk box." it's thursday, march 7th, 2013. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is in new york today covering the warden economic summit. andrew has a number of great guests who are lined up with him. we'll have more from him in just a moment. also today's lineup. but fist, the morning's top stories. the bank of japan keeping monetary policy unchanged today. that is as expected. the bank of japan holding its fire to wait for new leaders who are expected to shift bolder measures. >>> policymakers are revived softens. and the yen has been -- well, it's up just barely, 94.13. at the top of the next hour,

at this point the market is not expecting anything out of the current boj.oris, good to speak to you. >> thank you. >>> catch "money in motion" at 5:30 every friday. more education about currencies check out currency class at moneyinmotion@cnbc.com. >> he always looks so rested. he's up in the middle of the night -- >> but he's done it -- this is not his first. >>> friday's big jobs numbers look like an opportunity for you to nail your numbers. this month's prize, that mug. >> i was going to say, the pen. >> right. >> jim cramer. >> autographed by jim, david, simon, melissa, me. you'll have one minute before the friday release at 8:30 eastern time. there are the rules, if you -- >> very important rules. >> this is a very special -- this is not the exact mug. because we have the exact mug locked away. you know, guarded. but this is a post 9 one-year anniversary mug. that's a unique one that we've signed. it's not your generic cnbc mug. no. that's for the birds. this is special. >>> breaking news with bertha at the nymex. it's inventory time, bertha. >> that's

overnight in asia, 2013 high by the nikkei, the boj didn't do more at its meeting overnight. a road map starts with the markets and the dow's hot streak. all right economy stop this in its tracks? the jobs report out tomorrow has barclays cut its gdp estimate because of sequester concerns. >> dell shares moving higher after our own david faber broke the news that carl icahn not busy or anything is a major stakeholder and demanding a leveraged recap that could put more money in shareholders' pockets. david has the latest. >> same-store sales aren't the same. the first month macy's, targets and kohl's stopped issuing report cards. notable beats from limited and costco today. >> a few hours away from a media event, expected to unveil a revamped news feed for facebook. that will that keep the stock moving higher? >> we begin with the markets, one day after the dow hit new all-time closing highs, the second consecutive session, four points high of 12,300. good news on the labor front initial jobless claims falling to 340,000, driving the average to its lowest level in five years,

shinzo abe nominated kuroda for the boj's top post. kuroda is likely to be officially endorsed this month. kuroda said on monday at the lower house, he will be aggressive in pursuing the inflation target for the boj. >> translator: i think it was groundbreaking that the central bank declared its intention to promptly meet the 2% inflation target. if i'm confirmed as boj governor, my most important mission will be meeting the target at the earliest possible date. >> kuroda want to reach that goal in the next two years. buying more government bonds with maturities longer than three years. >> translator: government bonds are one of the biggest markets. i think it would only be natural to increase the purchase of such bond. >> the abe administration has nominated cass owe as the boj's two deputy governors. they appeared on tuesday before the lower house. >> clyde: the boj needs to be totally responsible for achieving the 2% inflation target. and must further promote quantitative easing. >> he said he would quit as a boj deputy governor if