. >>> japanese electronics maker fujitsu and mobile phone carrier docomo will jointly develop chips for smartphones. they plan to launch a new enterprise to develop and cell chips through the transmission. through the tie up the three firms hope to ensure supplies at lower cost and sell chips to other smart phone makers. qualcomm currently has a dominant market share for the chips. >>> theuation ba uatiouatio uat president is pledging $85 million in grants. >> we are here to say we are helping them have a better life in the future. >> but the two institutions aren't ready to resume full operations just yet. u.s. led economic sanctions will need to be lifted first. myanmar will have to settle a loan. they will make a more detailed examination of the aid myanmar needs. it is a trend its leaders are working hard to encourage. she made her first overseas trip in 24 years and urged foreign investment that will benefit the people. >> we do not want investment to mean greater inequality. we want investment to mean quite simply jobs. >> ministers say they are committed to economic reform. >> bu

we spoke with martin schultz, senior economist as fujitsu research institute about the ecb's decision and asked him about other stimulus measures needed to get the global economy back on track. >> they recognized that a banking crisis is back in europe and they do need to act. the problem is they need to have everybody on board. this is not the case, in particular, the germans are very reluctant. so action still its not to be expected until september. they have said that they will restart bond big. this is a normal operation for most other central banks in the word, but uneurope this is a big problem because there are simply so many governments with so much fiscal debt. so, some of the players in particular, the german centralc. they will be on board when the banking crisis deepens. and we should expect that, the bond buying program is already in the works. the europe incentive bank now needs to stabilize the banks and banking system. the looming banking crisis. we know how costly this can be from japan and more recently from the u.s. the second point what they will have to push for i

electronics ties and fujitsu is on the rise over in tokyo off the citi group upgrade to buy and intend to advance to almost three percent of to release the new portable game system in the u.s. the euro is recovering to the greenback and the ruble finished mixed to the main currencies in moscow yesterday we'll have more when the russian markets open that will happen in less than two hours time both feel to some one six swung into the red on monday off to early gains following losses in europe on monday u.s. investors sat on their hands awaiting minutes from the fed's latest meeting slated for release on wednesday shares of apple have reached new historic highs making it the most valuable company of all time that's ahead of an anticipated release of gadgets including the i phone five and the possible new t.v. set over the inflation adjusted market cap of apple is still below microsoft's record from nine hundred ninety nine and jump so that your level of more for the next great stuff thank you so much danielle we'll see you later a recap our top stories coming your way after this short br