i'm giang nguyen reporting from the stock exchange. >>> moving on to other markets in the asia pacific region. the shanghai composite finishing up at 2,994. others sold over restrictions on products. singapore declining by 0.78%. hong kong's hang seng index dropping by 0.2%. sydney meanwhile adding 0.3% as rising iron ore and other metal prices pushed up shares. >>> democratic candidate hillary clinton is facing tough questions on a matter that's sensitive to many u.s. workers. she says she opposes the push for the transpacific partnership. a free trade deal that would take in much of asia pacific region. but her political rivals are asking where she stands on the matter. jojohn podesta is tryining to dedeflect any doubts. he insists the democratitic candidate would neverr support deal t that threatens american jobs. >> she is against it before the election and after the election. >> as secretary of state, clinton was a supporter of the tpp but she reversed her position last year. her former boss barack obama continues to be a strong advocate. podesta says even though clinton opposes t

giang nguyen. >>> moving on, china's shanghai composite slid to close at 3,036. let's take a look at jakarta composite. gaining by almost 0.9%. 5172 the closing number there. pushed the index to its highest in more than a year. hank seng index dropping by 0.6% ending a six-day winning streak. energy shares were lower on falling oil prices. singapore also declining. the head of one of the world's largest mobile phone carriers softbank group is buying arm holdings for $31 billion. this will be one of the biggest deals for a japanese company in buying a foreign firm. chairman and ceo says he wants to take the lead in the so-called internet of things or iot. >> translator: since our company was set up, i think this is the most exciting day for me in its history. >> son said the acquisition will help them develop into the iot market. iot technologies link a wide variety of things. >> the market leader and next big paradigm shift is coming on iot. so i believe the iot w will be big opportunity. >> softbank aims to purchase all of arm's shares by september after winning

giang nguyen at the tokyo stock exchange. >>> moving on to other markets. let's start with china shanghai composite. 3 3,060. some were cautious before the gdp release. but some bought shares on the hopes of stimulus measures. malaysia closed at 1,660. that's of the central bank unexpectedly lowered its interest rate saying uncertainties could weigh on the country's growth. hong kong's hang seng index advanced nearly 0.5% hitting a one month high. sydney's index also gained 0.7% on higher commodity prices. >>> here's a look at some of the other business stories we're following. prime ministerer shinzo abe has indicated hehe'll seek approvalf the free trade deal during the extradite session in autumn. abe told business leaders in tokyo he wants to quickly realize the benefits of the deal. he said japan will take initiative in maintaining free trade within an international framework. he said the tpp will be a pillar of japan's growth strategy. >>> organizers of an expo in tokyo are presenting some high-tech protection devicices. about 60 comompanies have gath

i'm giang nguyen. >>> starting off with china, the shanghai composite down by almost 2% closing at 2,992. report that the country's security authority would tighten restrictions on wealth management projects dragged down the index. the jakarta index closing at 5,274. lifted by news of cabinet reshuffles. many investors remain cautious before the fed's decision. seoul's kospi inched lower by 0.11%. hong kong gained by a fraction there, 0.4%. >>> members of a ministry have decided a rise in minimum wage. set at 822 yen an hour. that's nearly $8. the increase is 24 yen an h hou or about 22 cents. locals are expected to make their own decisions by fall based on the national standard. the minimum hourly wage -- the minimum hourly average wage has been increasing in over a decade. shinzo abe wants it eventually to reach 1,000 yen or nearly $10 an hour. >>> here's a look at some of the latest earnings reports by some major japanese companies. game maker nintendo has posted a net loss of $232 million for the april through june quarter. it's a major stake holder in the smartphone app pokemon go.