giang nguyen, nhk world, tokyo. >>> looks like fun! that's it for business news. i'm going to leave you with the markets. >>> the gateway to one of tokyo's most famous areas will get a face lift. it's known as the birth place of japanese popular fashion and more than 50 people pass through the station every year. plans are moving ahead to upgrade it in time for the 2020 olympics. here is more on that and people's reactions. >> reporter: a lot of tourists from japan and around visit every day. they come to see what makes the area famous. this side of the station is where popular youth culture started. and on this side a forest around a shrine. it offers a taste of japan's history. the neighborhood is full of clothing shops that stretch along this busy street. >> we wanted to see a lot of the cute shops. i love pastel colors. i know they have cute things on the street so i wanted to check out the shops. >> reporter: the shrine has a different feel. the grounds include a vast park that's a popular urban oasis. >> we come because, of course, it's very famous and we wa

lett guess to to giang nguyen a the tokyo stock exchange. >> the nixe finished up .6%. closing at 16,675. the broader topic rose by the same margin. comments by federal reserve chair janet yellen who said gradual increases in the interest rate are likely to be appropriate. now the dollar inched higher. so did shares of japanese exporters. ops electric was among the top performers gaining more than 5%. construction machinery maker comatte suh and fanuc rose 3%. a rise in crude oil futures boost the energy related shares. they added more than 4%. suedky motors still feeling the fallout from revelations that it used unauthorized methods to test vehicle fuel economy. officials at japan's transport ministryry say they will conduc their own tests of the companys cars. now many investors are keeping a close eye on china's economy. on wednesday chinese officials released trade figures for may, followed by inflation numbebersn thursday. i am giang nguyen reporting from the tokyo stock exchange. >>> other markets in the region ended in the positive. yellen's comments reassured in

for the details we go to our business reporter giang nguyen at the tokyo stock exchange. >> the slight upward revision of japan's gdp did little to lift stocks. shares moved without clear direction for much of the day. the energy sector helped support the index while some investors preferred the safe-haven yen amid mixed economic data. the nikkei finished up 0.93% to close at 16,830. the broader topix rose .75%. the energy sector outperformed other sectors of the nikkei rising on higher oil prices. two added 2% each. panasonic rose 3%. elon musk tweeted that tesla is working with panasonic for sales. an e-commerce firm was up after the company said it will close its u.k. and spanish sites by the end of august saying it will focus on the markets in france and germany. market players are also showing risk aversion ahead of the federal reserve and bank of japan policy meetings next week. i am giang nguyen reporting from the tokyo stock exchange. >>> moving on to other markets in the asia-pacific. china's trade data had little impact on the shares in the country. the shanghai composite dec

t our reporter giang nguyen has the details from the tokyo stock exchange. >> the nikkei started the session down as the stronger yen weighed on sentiment but the index rallied in the afternoon as the yen weakened against other major currencies. the nikkei average rose 1.3% at 16,169. the broader topix added 1.1%. the dollar fell briefly to the mid 103 yen range during tokyo trading. it hadn't been at that level in 22 months. but the dollar recovered as investors bet on britain staying in the eu and sold the safe haven yen. export oriented shares gained as the yen weakened. sony ended 2.4% higher. pharmaceutical stocks led with sankyo jumped 7.9% on the mention of a share buyback. the brexit vote remaining front and center this week. investors will keep a close eye on currency market. this is giang nguyen the tokyo stock exchange. >>> china has reacted differently over plans to a stock trading link between hong kong and shans shansen. it finished at 2878. in the philippines, the pse composite gained 1.3% to close at 7767. the index climbed to its highest level in more than a year. ma

for the details, we go to giang nguyen. >> and comments from prime minister abe boosted the mood. he asked to provide liquidity to help japanese. the nikkei closed at 15,566. and the broader topix also rose 1.9%. investors scooped up financial shares that have taken a beating in recent days. insurance companies like tokyo marine holdings, nomura holdings, and mitsubishi financial group all ended higher. shares is of sony jumped 4.8% after the company's president released its bullish sales target for the game business earlier in the day. most energy related teches were higher on rising oil pricess bu idemitsu kosan fell after announcing the merger. there are a lot of unknown factors in the eu relationship. investors need more information. >>> the positive momentum carried over to other markets in the asia pacific region. the shanghai composite added almost .7 of 1% hitting another three-week high. hong kong's hang seng gained 1.3%. all sectors ended higher with rebounds of companies closely related to the uk. let's look at taiwan. up by 1% to finish at 8,586. ahead of the meeting t

i'm giang nguyen. >>> moving on, the shanghai finished at 2912. a three-week highw. seoul's kospi index also gaining by half a percent to 1936 for the closing number. they'll propose an extra budget of $8.5 billion to support the economy. hong kong continuing to decline by a quarter of 1% of the brexit vote. singapore meanwhile rebounding by almost 1% after dropping to its lowest level in nearly four months on monday. >>> demand for the u.s. greenback has been soaring since the brexit votete. japanese financial institutes asked for the largest loan. regular dollar supply operation since the uk referendum. the boj for low interest loans. that's the biggest amount since december 2014. japanese banks have faced higher interest rates on the market since the vote. they can get a better deal through the boj. the family behind one of japan's biggest oil distributors says it opposes plans to merge with a rival. the founders of idemitsu says iran would make it inappropriate to tie up with connection with saudi arabia. a lawyer for honorary chairman idemitsu announced the fami

our business reporter giang nguyen reports from the tokyo stock exchange. >> they fear the vote could help send the european economy into a recession. it had the lowest close in two months. stocks fluct waited in the morning but ended in losses especially among exporters as the yen gained strength in the afternoon. toyota fell 0.6%, and auto parts supplier denseo was down 2.8%. takata lost .7% on news it's selling its shares to cover compensation claims related to the faulty air bags. the only sector that advanced was the utilities sub sector. kansai gained more than 1% and osaka gas added more than .5%. we have policy decisions by the u.s. federal reserve and bank of japan coming up in the next couple days. most investors are trying to avoid taking on too much risk. >>> moving on to other markets in the asia-pacific region. in china the shanghai composite gaining by .3% to finish at 2842. some investors expected that the u.s. -- that u.s. index provider msci may add chinese shares to its emerging markets index. sydney had the lowest drop. dropping to 5,203. a fall in oil prices dragg