. >> citibank? citibank had a great year. [ bell ] >> twice.ot having to say my ideas -- >> isn't that cute that both steven and stephanie have citi as one of the top trades? >> stephanie link has been paying a lot of attention to what i'm doing, er go, she's tweeting what she likes. >> so let's talk about this pick, eaton. a great year. up 30%. why? do you like it? >> i think it's got a lot more. 2013 was all about auto and aerospace, which i still like those themes very much, right? but 2014 is going to be about nonresidential construction improvement, and i think that's 60% of the company's total revenues. they got that from the acquisition with cooper industries. cooper hasn't even begun to be synergistic just yet, so cost synergies, and revenue, and similar comparisons. >> murph, what do you think on eaton? >> when i saw it, i thought it was a safe pick. in the last quarter, they missed on revenue, and i think what you're banking on for next year is a lot of things that are kind of up in the air still. so it's talking about a lot of expans

citibank will play another $95 million as part of the settlement.s debated for three years now the rule could be a harsh reality for wall street. they're expected to pass a stricter version of the letter to keep from making speculative trades. they can't use your fossed mountain or cheaper borrowed money for trading. i have a full plate today but as we get close for next tuesday i'm going to make sure that we explain the control rule to you. doctor, doctor, why won't you take my obama insurance. why many physicians fear obama will hurt their bottom line and they've decided not to participate. and then pay your damn parking tickets. we'll have that story when we return. >> this isn't a new channel, this is a watershed moment in media for america. >> this entire region is utterly devastated. >> people our here are struggling. >> the fire jumped the highway we took earlier. >> your average viewer want's to actually understand how the health care law is going to help them or hurt them. >> they know they can get extremist bickering somewhere else. >> peo

citibank will play another $95 million as part of the settlement.debated for three years now the rule could be a harsh reality for wall street. they're expected to pass a stricter version of the letter to keep from making speculative trades. they can't use your fossed mountain or cheaper borrowed money for trading. i have a full plate today but as we get close for next tuesday i'm going to make sure that we explain the control rule to you. doctor, doctor, why won't you take my obama insurance. why many physicians fear obama will hurt their bottom line and they've decided not to participate. and then pay your damn parking tickets. we'll have that story when we return. >> more than 29 the thousand americans enrolled in health plans over the weekend. that's more people than during the entire month of october. on tuesday, healthcare.gov had more than 150,000 online visitors. but that does not mean that they could all sign up. the insurance companies express concern about the website's back end which may not be transmitting all the data that they need. d

for your world, this is stanley fischer of citibank.is someone that can move economicscademics of over to the tactics of finance and banking. ding.ng- i am asking you, many were worried if we face a crisis, can janet yellen handle it. the fact that we have stanley fischer in the seat, does it give more credibility? >> it gives credibility and confidence to chairman janet yellen. she has a team of people and a qualified stanley fischer around her. what is interesting is experience. intoben bernanke, going 2006, was a student of depression, but just that. he had to learn what to do. stanley fischer was the managing director of the imf, and he pulled the imf out of the asian crisis. he has done the crisis, so he will be there to do it again if he has to. >> do you think with stanley fischer we will get the taper sooner? >> that will be the salacious gossip. >> i love salacious gossip, you know it. >> i am not going to go there. he will clearly not be visited -- visible in the debate, talking about the dynamics. that is not the job of the v

part of a sponsorship deal with citibank. $15 million is spent to renovate the 77-year-old building. >>> how would you like a christmas tree? but no pine needles in your car? maybe you don't have a car. you can still get a tree. one-day tree delivery between 11:00 and 8:00 p.m. you can use the uber app to order a seven-foot to eight-foot tree. the convenience will cost you $150. users could request ice cream trucks and kittens for petting sessions by using the service. >>> the weather is the talk of the town. not just in the bay area, but in the sierra. just in time for the holiday rush, we have plenty of snow. a live picture of highway 50 and ski run boulevard. this is at the base of heavenly valley in south shore lake tahoe. single-digit temperatures are expected overnight. jodi hernandez has the story. >> reporter: folks here have been enjoying night skiing as the snow falls down tonight. folks are having a ball out here. they've been shredding, cutting the rail, pumping the track. you would not believe the fun that people are having. we got a lesson as snow lovers shared their ex

banks including jpmorgan chase and citibank may sue target to pay for costs associated to last week's widespread hack attack. also, at least three class- action lawsuits have been filed against the retailer, alleging that target failed to maintain reasonable security procedures. last week, it was revealed that a security breach put data of 40 million target customers at risk. target says it is working closely with the u.s. secret service. swiss banks could be getting ready to "tell all." 300 banks in switzerland are considering seeking u.s. amnesty. the justice department is putting pressure on banks there to disclose details regarding american accounts. it's part of an effort by the justice department to crack down on offshore tax evasion. switzerland has long been a popular place for americans to park money due to lack of regulation. if banks choose not to tell, the government could pursue an investigation. lawmakers will head back to the hill next week, where familiar challenges await. the pressure is on congress to come to an agreement over the debt ceiling. treasury secretary jac

the city of l-a is suing wells fargo and citibank for losses during the housing crash. the lawsuit blames the banks for discriminatory mortgage lending that led to foreclosures in minority communities.it says banks should reimburse affected cities for lost tax revenue. both banks say the lawsuit is baseless, and that each applicant was treated with the same objective criteria. 20 states are saying no to expanding medicaid under the affordable care act... and a new report shows-- it could costs those states billions. among them, texas which stands to lose nearly $10 billion dollars. according nbc some of the red states are taking a pass out of a desire for less government intervention. under the expansion, the government kick's in 100% of additional costs for medicaid the first 3 years. the aim is making certain low income american's have sufficient health coverage. mcdonald's posted advice on its employee resource website, that could be considered in "bad taste. the helpful hints included: for employees wondering how much to tip the massage therapist, pool cleaner or au

it credits partners such as citibank for speeding up the loan process for small businesses in the city. >>> now, bart and its unions are back at the bargaining table today to try to work through another contract stalemate. these talks are the first formal negotiations over a provision that management says was mistakenly included in the contract. that provision allows employees up to 6 weeks of paid family leave. well, the unions already ratified the agreement. management did too after removing that section. it's a stalemate that the unions are now suing over. >> when you make a mistake you acknowledge the consequences your actions. if i sign an agreement my word is my bond and we have to live with that, okay? they signed an agreement, they have attorneys review it. that was not a mistake. they presented it to us. >> the federal mediator is overseeing today's negotiations. the unions say that at this point, they are not considering a third strike. >>> bay area headlines. a 53-year-old man is behind bars on dui charges after a fiery crash on interstate 580 in livermore. the chp says the

it credits partners like citibank for speeding up the loan process for small businesses in the city. >>> search for missing children across the country is getting a little more tech savvy now. the national center for missing and exploited children just opened up a branch in palo alto. it customizes software, helps the center make sense of their data faster so they can track down missing children and stay ahead. for years, analysts have relied on tech giants such as google, facebook and adobe. but the new location in the silicon valley gives the company better access to brand- new tools. >> this is the incubator. this is the area where a lot of these new ideas are developed and launched. >> since 2008, the center has handled more than 60,000 missing children cases. nationwide of those, 6,000 were in california. >>> tech companies are experiencing some growing pains as many invade san francisco's rougher neighborhoods. in the latest incident, the ceo of a startup compared poor people to trash. our ryan takeo on the tech industry's pr problem. >> growing up in florida, i had always been

wells fargo will serve as the limited partner in tax credit investor and citibank [speaker not understood]. bayview will be 121 plus manager's unit comprising 117 one bedroom units four two-bedroom units. all units will be targeted to households more than 50% of area median income and 23 will be set aside for chronically homeless seniors. these transactions are conduit financing which do not require the city to pledge repayment of the bonds. we anticipate closing the bonds in mid february. the project is slated to begin construction shortly thereafter and complete construction in 2015. here with me today is a representative of the development team, [speaker not understood] freeman with mccormack barrett and salazar. we appreciate your support and that concludes staff's presentation. thank you. >> thank you very much. colleagues, any questions? okay. mr. rose, do we have a budget analyst report for this item? sorry, i don't have my notes in front of me. >> [inaudible] do not have a budget analyst report. there is no fiscal impact on this matter to the city. >> thank you very much. okay. at

expansion of this unsustainable bubble of this game of musical chairs remember the former head of citibank won the two thousand and eight crash occurred he was saying well you know we all playing the same game of musical chairs they want music stop somebody going to lose you know i paraphrase but this is exactly what they've done they've just made the game of musical chairs bigger they've included all the major economies around the world and this next crash which is coming is just going to be even bigger than the two thousand and eight crash well they're article after article in the papers around the world recently so there's a record house prices here in london their record new house prices and record debt levels by the way in canada there's even remember at the beginning of this financial crisis everybody talked about the sweden model let's act like what sweden did during their last financial collapse which was caused by a housing bubble and everybody was supposed to let you know the banks were taken over their all their bad debts got rid of and the c.e.o. is kicked out well they're in t

traders could see cuts of two percent at citibank.obile is increasing subsidies to increase smart phone sales, trying to sell 221 million handsets next year. the world's biggest phone company has long been linked with the iphone but has yet to announce a new deal with apple. le shares are higher after hours, the largest maker of database software forecasting third-quarter sales in line with analyst estimates. sales will climb two percent, to 6%. oracle, mike workman, senior vp of hardware and software development, has two loves -- coding and setting off fireworks. when he is not coding the next project for oracle, he goes to homemade fireworks. oracle,i am not at people can often find me in the desert making fireworks, blowing things up. i started making fireworks when i was just a kid. when you are 12, you cannot be serious about making fireworks because nobody will let you. as i got older i could afford better equipment and chemicals and the ingredients to make fireworks. fire in the hole. there are a lot of parallels between develo

many including citibank and you know, others, that we saw with bank of america, all of them plunged. videos the thing is is that you do have a certain friends. >> it must be pretty good? >> yes, that is the point. they need to believ that their money is being invested responsibly. we know that they can sue if their retirement account is being mismanaged. if there is a breach of that. charles: okay, so why are they soon? >> because of bad investments. the argument the company was involved in this very risky investment. they lost over 74% of the value and that is where this lawsuit stems from. they continue to put their employees money into a company that wast great risk. and they did that in violation of their duties. >> the key is what did t actual people now? that they know that the company was going to tank? and then still continue? >> the ceo may have known. the people in the administration may have known and what do they really know. >> the shares he come back pretty nicely. >> is on employees who are putting their hard-earned money into the trust of these people who are organizi

mastercard and citibank help you recruit the difference through price guarantee programs. how infuriating is that? >> i know. i fell there was more stuff on sale. sales for the first time. >> there is a lot of sales here, i have been looking around. i have to do that and a consumer reporter. it is all part of the story but don't just buy what you see on sale. there is always a coupon you can get. you can ask the cashier and that is what a lot of people are doing. natasha barrett, abc 7 news. >> thanks. one of the best things to buy after christmas, and in tauscher will be back to tell you what to buy now and how much you can shae -- the tosha -- nata will be back to tell you what to buy now and how much you can save. >> police had to close down the lanes for several hours. authorities said that snow and poor visibility were to blame for most of the wrecks. us, we did not get any snow but we did get cold temperatures. >> very cold. need the sbase no -- now. you seeing?re >> a beautiful day after yesterday. the official high was 33. today was about 45. we have a nice stretch

millions of client accounts, you land in moscow and citibank branch.must be great to be part of a company succeeding in shareholder value and growing in what could be a bizarre environment for all kinds of things. >> i am privileged to have known him for a long time. he is great inside the firm, and he is a beloved figure inside of the firm. we are a great global brand. we are well known, and in fact many companies and countries we have been in for 100 years. something to be proud of and people feel good about it. liz: you're going to be with us the rest of the hour. vice chair came back in the day. if you remember that name. the closing bell ringing in 19 minutes. kfc joining a game of drones. take a look at this picture, you've got to love that. yum brands beefing up the marketing even after some worry in china which is their biggest market. live and exclusively next. going to have brakes, a look at this video. third time's a charm. space x falcon nine rocket, first major medications satellite with two missions already completed. on their way to orbi

seen is the shift from self-destruction and what is going on against wells fargo, bank of america, citibank, each of the attacks to steal money or intellectual property, these are direct attacks specifically for this, which is shaking the confidence of our system and you'd think about it on any given day, all of it, going to the bank, tomorrow to take out money, no bank can withstand that. so it's a great question and that is politics by another means, an act of war. >> if there's no more questions, we will go to one more here. and i'm not a mother that we don't know if it's the same or a different anonymous, a question. if the only problem here is that your company has a chinese name, cisco has been known to help china build its firewalls. and have you thought about changing her name to something else? >> to the first part of the question, i think that the balance of the challenge that we have faced because we have a heritage in china, it is stunning to me at times to explain to someone that it's a 35 billion-dollar company and trusted globally and up to $35 billion, one third of all the h

we go back and i will use citibank's as an example even though it is a different firm. they are buying back a record amount of shares and doing at record highs in the market. city bought their share bit buyback program $50 a share in 2007, reverse split adjusted the equivalent of $4 or $5 in the share price today. that doesn't make a lot of sense or seem like it is a good deal in the long run but the idea is if companies are doing that and pain that shareholders, maybe they don't have any ideas but in the long term it is important companies do invest in expanding capacity and invest in infrastructure and new ideas and research and development. that is a good long-term story. share buyback is a short-term story. liz: look at share buybacks, i would say be where. often times there agitator investors are pushing the company or ceo, take the cash and put it in a share buyback, may be appropriate if there was a big pile of cash but there are other companies that would rather wait until the fish did swims by that they want to acquire they can then buy it versus just teasing m

. >> city's business development corporation credits partners like citibank for speeding up the loan process for some of the small businesses. >>> speculation about the federal reserve is messing around with the stock market. >> and here's marlie hall of cbsmoneywatch.com with a look at this morning's financial news. >> reporter: good morning. analysts say investors are concerned the federal reserve may decide to scale back its economic stimulus program during a meeting next week. that drove stocks to the low he was level in a month. the dow was down 104, nasdaq down 5 yesterday. >>> boeing is shifting hundreds of jobs to alabama, missouri and south carolina. each state will get three to four hundred employees as the chicago-based aerospace company restructures its research and technology operations. >>> twitter is reversing course just hours after it made a controversial change to its block function. the social network says blocked users will no longer be able to view or tweet after the person who blocked them. twitter made the decision after negative feedback from users. >>> and yo

now you've got chase and citibank. they're going to limit withdrawals to some 2 million customers, those that had done their shopping at target and whose cards were affected. do you think that's the right thing to do? also, what can be done to better protect consumers? >> well, i don't want to try to second-guess what companies are going to respond to this, but i will say this. whether it's a private sector company like target or any major company or whether it's the federal government or any level of government, we have to be ever more determined to put in place protections and mechanical strategies to make sure we're doing everything possible to protect people's -- their personal information, the information that consumers expect will be protected. because with the advent of wonderful technology that allows us to do things we never could before, it also allows the bad guys, real predators, if i could call them that, consumer predators, to get information and to destroy people's lives. not through violence but through

it credits partners like citibank for speeding up the loan process for small businesses in the city. >>> still ahead, prepare to pay more for airfare. coming up in tonight's consumerwatch, why the cost of flying is headed higher. >> and the bay area boy who helped light the state capital christmas tree tonight. you know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. from the shelf, and to your home. of happier holidays. time to enchant, delight and amaze. safeway will help you gather everyone 'round. a smoked, shank half ham is only 99 cents a pound. with starbucks at $6.99, serve coffee everyone savors. top it off with coffee-mate... just $2.79 for all kinds of flavors. turns out this season less is really so much more. so make your holiday merrier than ever before. safeway. ingredients for life. sofa... desk...holiday merrier than eveyou know what? why don't you go get some frozen yogurt. i got this. you're so sweet. you got this, right? i do got this. from the shelf, and to your home. starting at $99. a scare on the

but jn morgan chase and citibank having to shoulder a healthy chunk of the penalty, as well. >> what comes to countries which are the worst and the least corrupt? guess what, there is a list. of course, there is. >> there's a list for everything. >> a group called the transparency international do this every year or two. they sfar officials in the public sector about corruption and they cover 177 countries. >> and they found that somalia and north korea rank highest or worst on the list for corruption, afghanistan, sudan and south sudan round out the worst five. as for the five least corrupt countries in the world. >> denmark and new zealand tied for first place. friendly places. while you can't see it here, australia at nine, the u.s. 19th. but that's the 19th least corrupt. >> you had to get that in there. there had to be a comparison. >> new zealand, that's like you losing to canada. >> just as there is a list for everything, there's a group for everything. on to another high profile case involving high profile celebrity chef. >> her name is nigella lawson. she's big in the cookin

risk management had "insufficient authority" and risk was "insufficiently evaluated" and that the citibankoard had "no effective oversight." yet eight days later, ceo vikram pandit and chief financial officer gary crittenden personally signed the sarbanes-oxley certification. they attested to the bank's financial viability and the effectiveness of its internal controls. the deficiencies cited by the comptroller of the currency were never mentioned. citi said it didn't consider the problems serious enough that they had to be disclosed to investors and says the certifications were entirely appropriate. but nine months later, citigroup would need a $45 billion bailout and $300 billion more in federal guarantees just to stay in business. >> i don't think wall street senior people really think they'll ever end up in jail, and they've been right. >> frank partnoy, the securities lawyer and expert on sarbanes-oxley law, says the facts about citigroup raise some troubling questions. >> they certainly knew the internal controls were inadequate and that the company was out of control from a reportin

you look at citibank, bank of america, they're nowhere near previous highs.nk there's still more room to run. >> i think bill was taking notes on nicole's stock picks. what kid does not have a vf jacket, a north face jacket, a down coat? if you live in this part of the country, i'll guarantee you there's a north face item in your closet. you, nicole, had on that list e eaton. >> yeah, if you believe in global growth, which i do, you want exposure to industrials. eaton, in particular, is well positioned because it has early cycle, which is residential, auto, truck. we also have middle. so midsize data centers. and we also have late cycle which is really important because we haven't really seen that come into play yet. so nonresidential construction. sandy cutler has cut costs from this company, it's well positioned for 2014. a really good name. >> great. thank you both very much for joining us. bill and nicole, 2014, here we come. >> thank you. >>> up next, we're going to take out our crystal ball, even though dominic chu said there's no such thing. we're goin

she is a top portfolio manager and she also ran citibank global asset management value investment groupyou are saying congress was getting along at the end of the year. >> on the day of the taper, markets boomed. i think that reaction in the market, the springboard was set by the day before, the announcement that paul ryan and patty murray had come to a bipartisan budget agreement, which is the opposite of what we saw at the end of the last previous two years. all of a sudden there's some optimism that if the government can get out of the way of causing these disruptions and economic uncertainty, then you could have a stronger economy. one of the big reasons for the lackluster recovery is the unwillingness of corporations to spend and invest in higher because they lack confidence. if you could get confidence in addition to the slowly recovering economy -- >> that is a lot of faith in the u.s. congress. there are still a lot of things they will have to address in one would hope a bipartisan fashion. >> it remains to be seen if it is a trend, but it is something different. i think is the

i.e., when you look at the attacks that are going on against wells fargo, bank of america, citibank,these are not attacks to steal money or intellectual property, these are direct attacks specifically for the purpose the gentleman said in the back, which is to shake the confidence of our system. if you think about on any given day, every bank is bankrupt. if all of us go to the bank tomorrow and take out our money, no bank can withstand that. it is a great question. i think that is politics by another means. it is an act of war. >> take another question out here. if not, we will go to one that is coming here. another anonymous. we don't know whether this is the same anonymous or a different anonymous. [laughter] has a question for mr. plummer. is the only problem here your company has a chinese name? cisco has been known to help china build its firewall, the great wall. have you thought about changing your name to something non- chinese? would it make the slightest bit of difference? >> to the first part of the question, i think the balance of the challenge that we have faced is beca

muy especial para citibank el banco oficial de "teletÓn usa" una vez mÁs se convirtiÓ en un colaboradorbando, queriendo buscar el siguiente tema para para el gusto del pÚblico. >> quedÓ satisfecho de cumplir con el homenaje que rindiÓ a su hermana jenny en el municipio donde perdiÓ la vida. >> y ya casi una semana de la serenata en iturbide ¿cÓmo te sientes?. >> bien, bien, bien estuvo muy bien. >> muy contento de poder haber hecho ese Último homenaje y pues bien contento por el pÚblico con toda la gente. >> no fue muy preciso al explicar por quÉ tomÓ la decisiÓn de ir a monterrey al homenaje organizado por la familia rivera. >> sÍ, mi apÁ, mi ama fue allÁ aito tu biked y pues. >> confirmÓ que decidio ir al homenaje cuando se encontraba en el aeropuerto. >> a Última hora, a ultima hora estuvimos ahÍ, a Última hora decidimos ir. >> pues que bueno que fue mi mamÁ. >> antes de subir a su camioneta lupillo agradeciÓ el apoyo de la prensa. >> saludos pa' todos gracias por venir de veras les agradezco y pues ahÍ estamos a la orden gracias por todo. >> desde acapulco, guerrero con imÁgenes de

, 691 w. 11th st., tracy, california december 4, 2013 chase dublin, california december 10, 2013 citibankeing investigated by multiple law enforcement agencies police department, manteca police department, tracy postal service. >> pam: nationwide, the postal service will handle 600 center alone expects to see3-point-7 million cards, letters and packages. >> pam: competition from the internet means the number of cards and letters being mailed is down but the postal service says it is handling more holiday packages than ever. >> pam: extra clerks kept the lines from getting too long today. wednesday is expected to be the busiest delivery day of the holiday season. >> pam: it's also a busy day for u-p-s. 300 packages per second. that's how many deliveries u-p-s expects to make today. >> pam: the shipping giant says today. is its busiest day of the year-- about 34 million packages are being picked up. the shipping giants says some 29 million of those packages will reach their destination by tomorrow. nearly 20-thousand u-p-s employees are working around the clock to make it all happen. >> pam

poor-quality fake beard in each of the robberies, the most recent of which occurred on tuesday at a citibankch at 395 w. el camino the suspect is also believed to be responsible for robberies on dec. 4 at a chase bank in dublin, on dec. 3 at a chase bank in tracy, on nov. 26 at a chase bank in manteca and on nov. 21 at a bank of the west branch in ripon, according to the fbi. along with the fake beard, the suspect was described as being a white or hispanic man in his late 20s or early 30s who is about 5 feet 9 inches tall with a stocky build. he was seen wearing blue jeans, baseball caps, hooded sweatshirts and lightweight zip-front jackets during the robberies >> coming up on the kron4 morning nils. we will have your tech report with gabe slate. >> now time for the tech reports the gabe slate. >> one of the most busiest areas in the bay area it is offering free wi-fi. the mayor is clear of this project and hoped that it helps to increase our gross. this is one of the perks you get when you live near silicon valley. market street is a great area for this. 250,000 people a day walk down the s

forcelli, carl closer, stevenur wining, citibank chief global strategist. great to see all of you here. it that the market is interpreting this jobs data as good news after having seen good news points throughout the week? icing onk this was the the cake that maybe there was no going throughre these string of upward surprises. finally we get to the employment and that shows that we are seeing the improvement in the economy that's necessary. bad to goodood is is good because if we're looking at an economy shifting up to a of growth with a faster rate of hiring, that means a lot more for households. and households drive the u.s. economy. they're 70% of g.d.p. isstronger employment news good. >> do you think that this is going to stick? theory?d is good >> good is good whether it sticks in market is to be seen. we've seen a pickup between stock and bond correlation. earlier in the year we were moving up on stronger trend assumptions. the treasury market was selling off. and stocks could sail through it. recently we have seen a correlation pick up where markets

citibank raises its price target, and we bring you this because that was a charles payne take and it's it says that germany has concluded the car fire probe on its model f. and will pursue no further measure, that case is closed. the stock is up nicely on tesla, back to 133. shopper track reports that traffic at the number of people going into bricks and mortar stores down 4% this year. now, you couple that with the increase in on-line and mobile device shopping. what does that mean for the traditional law. and former paypal ceo bill harris, the man partly responsible for all of this, he's still with us. what's the mall of the future going to look like. >> i think the mall of the future we already have today. it's amazon, it's ebay. ebay for used, amazon for new. and upscale products. there are many products on-line. stuart: what happens to the physical mall. >> i think it's a slow, gradual and glorious sunset. stuart: my theory is if a couple of big name department chains go out, what replaces them? >> i don't think that you have anything that replaces the big department stores. i thi

citibank will sell life insurance through its asia pacific offices for more than 50 years. the deal is valued at more than $4 billion. metlife, prudential were the other firms that had submitted final bids. aia shares up from the broader hong kong market today, up around 0.6%. >>> meanwhile, chinese equities underperform more asian peers with ongoing liquidity concerns still weighing. the benchmark is at its highest level since june and appeared to be going up. announcing only after today's close that it actually did so. there was speculation in the central bank was trying to put the brakes on shadowbacking activity fueled by into bank loans. >>> as for the agenda in asia tomorrow, don't expect any tapering from the bank of japan is expected to hold its bond buying steady and its policy decision, perhaps even hint at expanding it. we've got prada's nine-month earnings results out of hong kong and that market's biggest listing of the year, china ever bright bank, as well. >>> still to come, the russian president vladimir putin is holding his annual year-end conference. we'll