mitsubishi heavy industries and hitachi have launched a joint venture called mitsubishi hitachi power systems. the new firm's president says mitsubishi and hitachi must work as a single team to become a world leader in the thermal power field. the tie-up combines mitsubishi's strength in asia with hitachi's marketing power in europe and africa. rising production of affordable shale gas is helping to push up global demand for thermal power. general electric of the united states and germany's siemens are currently the biggest players in the field of thermal power. that is going to do it for biz tonight. i'll leave you with the markets. >>> every morning, investors turn their attention to asia. the tokyo market leads the way. and markets around the world follow. >> from the decisions that could change the course of an economy. >> to the latest business trends. >> up-to-the minute market reports. >> and analysis by specialists from around the world. >> get all the latest business news and insight every day, here on "newsline." >>> 17-year-old japanese ski jumper sara takanashi is in top f

hitachi unveiled an i.d. badge called the business microscopes and keeps tabs on everything you do.body with whom you speak, who is also wearing the device. so the devices talk to each other. plus, how long and how energetically talk to each other. it can tell your boss how much time you spend out of your seat. maybe while you're at the coffee machine or visiting the men's room or the women's room. the developer says it's an effort to boost productivity at work and help employers deal with problems they might not otherwise notice. according to hitachi's web site it works using complicate sensors when two name tags come near each other, they regular nice each other and record the affectionñrñr time, body, and te behavior rhythm data and send it to a server for your employer to analyze. greg gutfeld is on "the five" hosts "red eye" in the middle of the night and celebrated its seventh anniversary. >> hard to believe. one year. >> the word is now the boss can know how long we pee, how much coffee we drink and how much we talk to kristina in pod 17. >> this is fantastic progress. i hear

and hitachi revising its operating profit outlook upward for the year through march. the company's executives are expecting the first record profit in 23 years. >>> all right that is going to do it for biz tonight. here's the markets. >>> officials in japan and south korea disagree on what to call the body of water between their countries. japanese refer to it as the sea of japan. to south koreans, it's the east sea. now the dispute over the naming is causing waves half a world away in the united states. nhk world has more. >> reporter: a group of lawmakers in the state of virginia is pushing to pass a bill on school textbooks. it would require them to include the name "east sea" as well as "sea of japan." members of a korean-american group have been lobbying for the change. a lower house committee voted in favor of the legislation on monday. the bill will now go to a vote before the full house. the state senate has already backed another bill on the same issue. a spokesperson for governor terry mcauliffe told nhk that if the bill reaches his desk, he's likely to sign

it's expecting to post special profits with hitachi. suzuki motors says it will raise forecasts. weakening yen pushed up profits. that's all from the nikkei business report. back to you. >> thank you for that. for tomorrow, we've got growth in india being in the spotlight as its advanced gdp estimates for this fiscal year. we get third quarter results from taper power while in japan, their corporate earnings story continues. we've got the likes of olympus, isuzu, marubeni and inpex among those reporting. >>> still to come, i've been doing checking out london's shattering new exhibition. it's amazing. we have a renown glass blowing artist. he told me how to trying to break the glass ceiling of art, next. hmm, fifteen minutes could save you fifteen percent or more on car insurance. everybody knows that parker. well, did you know auctioneers make bad grocery store clerks? that'll be $23.50. now .75, 23.75, hold 'em. hey now do i hear 23.75? 24! hey 24 dollar, 24 and a quarter, quarter, now half, 24 and a half and .75! 25! now a quarter, hey 26 and a quarter, do you wanna pay now, yo

here in japan say they're going to post a record profit this year, it's not on him only toyota, it's hitachi as well. toyota is expecting 2.4 trillion yen in profits this year. this is a record. even better than where they were before the lehman crisis. but that bump up that they're giving us, 200 billion yen worth, 100 billion of that is coming from the exchange rate. where we are right now, just around 101, doesn't change that scenario at all. but you have to factor in the part about the u.s. recovery. and the executive at the press conference, i spoke to him. he says for now they're expecting a continued mild recovery in u.s. demand, despite those manufacturing numbers. he sees 16 million cars in the u.s. also for china, which has been very, very critical, sales figures were just below 1 million last year, but they're expecting this year the number to top up to 1.1. so he is concerned about the declines we're seeing in the emerging markets. but for now, toyota stays their scenario is unchanged. i think over the medium to longer term, we've talked about this a lot, the structural changes t