in other asian markets hong kong's hang seng is up 1.3%. the shanghai key index for major blue chips is up almost 2%. and in shenzhen the sse composite is slightly down, 0.1% currently. for now back to catherine. >> thanks very much, ines. >>> well, the operation, the remarkable operation in chile to rescue 33 miners trapped about 700 meters underground has finally ended. the last miner has stepped out from the fenix capsule. and people around the rescue site shouted for joy. now, the last miner to be rescued, 54-year-old shift foreman luis urzua emerged from the capsule at 9:57 p.m. on wednesday. family members and rescuers hugged each other and cheered and applauded the rescue of all the miners. urzua is the leader of the team. he volunteered to be the last man rescued. so he could confirm that all the others had made it out safely. the miners were trapped when the gold and copper mine near copiapo in northern chile caved in august 5th. they were confirmed alive 17 days later. rescue work to pull the men out one by one began before midnig

to discuss currency imbalances i'm joined by martin henniker in hong kong he's an associate director at the tycoon in new york we go to daniel tending gallo's or head of emerging market currency in rate strategy at bank of america merrill lynch and here in the studio with me is erich krauss a moscow based fund manager and international consultant and another member of our cross talk team you know and the hunger all right gentlemen crosstalk rules in effect that means you can jump in anytime you want martin you've been on the program before thanks for coming back are we in the middle of a currency war a global currency war and if we are give me evidence of it. well some people are just looking at looking at china and saying on china's manipulating the currency so they are causing global problems but first of all i think what investors and the general public needs to realize i think the united states and europe they have very much either war or just to keep their own currency from collapsing you know that may two thousand and ten so you're away actually close to falling apart all by it

company so predominantly this string of broad do you think that for example eastern markets like hong kong are they now becoming more attractive than london even well you know i think that what you've had over the last previous few years is i think certainly has been a general shift east. it's in times of global financial powers and that perhaps that trend may have been slightly altered by by the crisis but generally i think that's going to this year you asian companies have raised about nineteen billion in equity issuance this year versus thirty billion among european ten billion in among us companies so that shows a certain trend whether that means that russia hong kong and those asian markets are the right market for russian companies not so very much to be proven so that's an interesting dynamic for the hong kong london moscow and which one is really right and do you see a time when moscow has the liquidity to be competitive but i think that the best thing that you can do is you have to think back maybe just two years and look at where the local market was going before for sort of the

it left eight hong kong tourist the bed. charges include gross incompetence and serious neglect of duty. a greek policeman has been sentenced to life imprisonment after being found guilty of murdering a 15-year-old school boy two years ago. the incident sparked some of the worst rioting in the country in recent years. the court rejected a claim by the policeman that he had fired a warning shot at rioting youths. of the first parliamentary election in kyrgyzstan the sense deadly fighting it is inconclusive end it is headed toward a coalition government. the nationalist party is the front runner. 40 people were killed in the violence in june. an inquest into the deaths of the 53 people killed in the 2005 london bombings has just begun. four british islamist targeted three underground trains and a bus and what was the worst terrorist attack in the uk. it relatives of the victims want to know if police could have prevented the attack as they had come across two of the bombers before. live at the royal court in london where the i

japan's nikkei gained about half a percent while hong kong's hang seng was also higher. wall street gets earning reports from bank of america, goldman sachs as well as the latest check on the housing market. tuesday better than expected profits from citigroup gave stocks a boost. the dow gained nearly 81 point while the nasdaq added 12. >>> apple posted quarterly profits blew past estimates. earnings soared 70% largely on the strength of iphone sales. 14 million from july through september. ipod sales totaled 9 million. but the ipad was a bit of a disappointment. apple sold 4 million of the tablet computers while analysts were expecting 5 million. >>> flight delays are costing passengers a lot more than grief. a government-funded study found the cost of airline delays to passengers in 2007 was $16.7 billion. including lost time waiting for

. >> miles de personas se congregaron en hong kong para presenciar una competencia de objetos voladoresoca altura. ♪ >> bienvenidos, hoy se sabe un poco mÁs del momento en el cual la perforadora terminÓ ayer su trabajo de taladrar un tÚnel de 622 m, se sabe que las 7:52 asomÓ en el techo del taller de la mina la punta del taladro, primeros 12 pulgadas que se ensancharon y luego se convirtiÓ en el definitivo de 26 pulgadas de diÁmetro. tenemos la informaciÓn de lo que estuvo pasando hoy domingo. >> este domingo los operadores que trabajan incesantemente para sacar a los mineros avanzaron 40 m de 100 por donde va a pasar la cÁpsula y de 16 tubos que iban a colocar en la fosa uno resultÓ con una imperfecciÓn, pero dicen las autoridades que esto no cambiar los planes. en la mina san josÉ se colocaron los primeros tubos en el ducto por dÓnde va a pasar la cÁpsula que rescatará a los mineros. >> empezar entonces con el sistema de instalaciÓn. esto va a demorar las prÓximas 48 horas, y de allÍ en adelante se tendrÍa todo el sistema de pruebas en vacÍo en la jaula. (cantan) >> en el campamento

and hong kong's hang seng is down point eight percent european shares are flat south to gains for drugmakers offset falling banks number nordisk gained six point three percent up to u.s. health regulators declining to approve a diabetes drug problem other than pharmaceuticals financials among the worst performance on concerns that other banks may be forced to take back billions of dollars mortgages here in russia markets are lower and the afternoon of the arts has is down nearly less less than a percent this hour them isaacson's also slightly lower drug energy majors gazprom rosneft and look all citing losses on both the bourses bucking the trend is gas. and gold has halted its first significant drop in price since its record breaking level at one thousand three hundred eighty eight dollars per ounce last week the price fell two point one percent to july levels amid a strengthening dollar and china's central bank's decision to raise interest rates . now staying in the precious metals several styles gold mining unit is seeking regulatory approval for a one billion dollar initial pu

meanwhile, in hong kong, people. hong kong still retains the tradition of free speech andli . they called for the release of the prize winner. convicted disdepth receiving this prestigious peace prize is a slap in the face by the international community. may co strong criticism from china responsible diplomatic sanctions byjindsl it can also be viewed as a strong international call on china to promote democracy. all the world's eyes are now on beijing's next move. >> an expert on chinese affairs welcomed the news of the award. >> liu xiaobo was awarded the nobel peace prize despite china's political pressure. but now mr. liisac wh very direct criticism through such kind of system. so this is very meaningful for chinese society. t lyum rhtffrsn china but also the freedom of expression, freedom of making association. freedom of press. such kind of, you know, very important factors will be advised in the future by this nobel prize, i strongly expect. >> and this is not the first time the nobel peace prize has beenwarded to litical dissident over its 100-year history. the 1989 win

and in other asian markets hong kong's hang seng is 0.2% higher. the shanghai's key index for major blue chips as well as the sse composite are both closed for holidays. >>> the international monetary fund has revised down its forecasts for the u.s. economy this year and next, citing the stagnant job market. japan's growth rate for next year has also been downgraded. in its latest forecast the imf lowered this year's u.s. economic growth from the 3.3% estimated in july to 2.6%. for next year u.s. growth has been marked down from 2.9% to 2.3%, or 0.6 percentage points down. imc cites the lack of improvement in the employment situation and the stagnant u.s. housing market for its decision. the fund also lowered the forecast for japan's growth next year from the previous 1.8% to 1.5% as export growth is expected to be restricted. but the forecast for the european economy this year and next have been revised up due to an expected increase in german and other exports helped by a weaker euro. the imf says strong growth will continue in emerging economies

hong kong based tv b took the footage of protests on monday. it shows about 100 young people calling for a boycott of japanese products. scores of police officers are on alert around the protestors. the demonstrators are seen walking in file chanting slogans such as protect chinese territory and boycott japanese products. some are pumping their fists into the air, and others are singing the chinese national anthem. >>> there was another massive rally in another province over the weekend. they smashed the windows of a japanese shop and the japanese appliance store. others destroyed japan-made cars parked along the street. police have been deployed to keep an eye on a japanese car dealership on the outskirts of the city. there were other demonstrations in several cities in china over the weekend. >>> a japanese tour group on a friendly visit to china has changed their itinerary. apparently because of anti-japanese demonstrations. the japan/china friendship center says 1,000 japanese, including senior high school students, were supposed to visit h

temperatures look like this on drees in hong kong with kies. we've got 29 in taipei and sunny spel igh, re. let's head to europe, then. we are going to continue to see lots of wet weather along this frontal boundary that's extending from scandinavia all the way down into an rtal we've got windy weather for norway as well and lots of rain fethnoas france as well as spain and portugal. that heavy rain affecting the southwestern uk is going to be dying down on uredsd. wer,hein sying pretty strong. now, the other system we have been monitoring is -- continues to make its way acrosshe central and eastern mediterranean. it has been really affecting northern italy. here we've had reports of flooding problems as well, and the system will continue tju so oliervethbalkans over the next couple of days. let's take a look at your temperes. 25 degrees in athens. rain in rome, 26. rainy day in vienna as well, 14 for your daytime high, looking quite mild in berlin, 18 degrees on wednesday. okay. here's your extended forecast now. ♪ ♪ ♪ ♪ >>> just taking a brie

meanwhile, in hong kong, people took to the streets. hong kong still retains the tradition of free speech and assembly, unlike mainland china. they called for the release of the prize winner. china's view is that a convicted disdepth receiving this prestigious peace prize is a slap in the face by the international community. the committee may come in for strong criticism fm chi responsible diplomatic sanctions by beijing and oslo. it can also be viewed as a strong international call on china to promote democracy. all the world's eyes are now on beijing's next move. >> an expert on chinese affairs welcomed the news of the award. >> liu xiaobo was awarded the nobel peace prize despite chins poticapressure. but now mr. liu is faced with very direct criticism through such kind of system. so this is very meaningful for chinese society. not only human right affairs in china but also the freedom of expreson, freedoof ming association. freedom of press. such kind of, you know, very important factors will be advised in the future by this nobel p

we were expecting 26 in taipei. 27 for hong kong. and 32 in bangkok.just off of cuba, too, we are monitoring this tropical storm system paula. it has since weakened from hurricane status. it's now working its way across western cuba. will likely just continue to weaken, becoming a tropical depression and by friday winds now at 90 kilometers per hour, so still some stronger winds at its core but hopefully that will ease in the coming days. however, rainfall amounts are going to get pretty extensive, especially for parts of cuba, mountain areas in particular will need to watch for potential flooding as well as mudslides. now, across europe today we're looking at this new low moving into the north sea. that will quickly slide in towards sections of the low countries, areas of northern france and germany bringing in pretty -- quite a bit of moisture. also towards the east here, western russia will continue to see wet and windy weather. but luckily, the baltic states should see that moisture move away tonight. down across the mediterranean has been pretty m

i've come to the united states nine years ago from hong kong, china as a nonbeliever. i live two blocks away from 495 anza street, the site -- the site of the church and where canaan lutheran just resided for the past decade. recently they have reached out to the community and i become a beneficiary to the involvement in the chinese population. eventually i have had the chance to grow up in gospel and i am now an active member to canaan lutheran church and i have my contribution in my church and i'm trying to pass it onto the community. i'm sure my background and experience can inspire and encourage loss of newly emigrated youth and families. with the building of our own chinese ministry, our work can become more organized, the effectiveness of our missionarry would be maximized and the most importantly, all of our brothers and sisters in god will receive a stronger sense of belonging to our spiritual family. as the mentor and committee to our youth fellowship, i try to provide positive influences to teenagers and youth in my community, and i strive to use my stories,

nice and pleasant in hong kong with 22 and some sunshine.for the united states, in toward canada we've still got this circling system here. just over the great lakes. it remains in place. hasn't been moving a whole lot. still bringing those winds as well as the rain. and even snow for parts of central canada. ahead of that the east coast is also still dealing with some remnant showers from this frontal line. it is on its way out. new england states will dry out first. a little bit of rain will still linger in the carolinas. also, there's the threat of some tornados across parts here from carolina in toward virginia tonight. little warnings in effect for you. up toward the west a new disturbance is coming in, so it's going to be turning wet for you again. highs looking at 29 in l.a., so getting quite hot for you. 18 in denver. then 22 in atlanta. finally, getting a look at europe, and in the balkans as well as for turkey you're going to continue to see those thundershowers and some gusty weather develop. otherwise, it should be a fairly settl

another hong kong real estate company is building a luxury hotel in the area. the project will cost about $1.2 billion. >> translator: we don't want investments that only bring temporary relief for the town. but we certainly want to welcome those that are sustainable. >> while real estate prices soar in china and southeast asia, japan's property market is going in the other direction. now the country's real estate looks well within reach compared to other nations as investors try to diversify their portfolios. they're more interested in investing in japan as an alternative. next is a recap of the latest market figures. ♪ >> that's all for now in biz news. back to catherine. >> thanks very much, ines. >>> delegates at the cop10 meeting agreed on tuesday to establish an international network to promote areas known as satoyamma. they're places where people live in harmony with nature and wildlife. jun konoda plans. >> reporter: a ceremony on tuesday launched the international satoyama network. the discussions on this issue happened on the sidelines of the u.n. con

in other asian markets, hong kong's hang seng is now up 0.4%. the shanghai key index for major blue chips is down 0.7%. and in shenzhen the sse composite is slightly up, 0.3%. back to the main news with catherine. >> thanks very much, ines. >>> the heavy rains that have been pounding the amami islands in kagoshima, southwestern japan, have killed two people and left one other missing. the islands are bracing for further downpours through thursday night. the meteorological agency says some parts of the island have received 900 millimeters of rain since tuesday. the area has already had about three times its normal rainfall for october. two female residents of a nursing home in the city died when the facility was flooded. and another woman went missing after her house was hit by a landslide. some 2,600 residents of amami oshima island have been evacuated or ordered to evacuate their homes. and 20 people are stranded in a village on the same island. about 150 local elementary and junior high school students were unable to return home from school on

>> yes, i like hong kong because it's only selling at 15 times earnings, 3% difd. it is the center of growth in asia. i like american capital because there's insider buying recently, and it's still selling below bock. that's a great story. >> tom: you also like epb, a nice dividend on top of that. do you still like it? >> yes, but i think dan duncan died recently, he bought a bunch of stock before hand, it a great rising story, but i'm going to sell that and put that money in sea drill. >> tom: any disclosures tonight? >> just these are some of the stocks we're recommending in our services, but i don't own any myself. >> tom: our market monitor this evening, mark skousen, editor of the market letter forecasts and strategies. >> thank you. >> susie: before we say good night, looking a head to next week we've got a lot to cover, more earnings. more election coverage, more about the markets, and of course rear going to be talking about upcoming decisions being made in washington at the fed. >> tom: absolutely, the looming federal reserve meeting, which is a week from

miners as the price of gold hits all time highs so it is new quest mining is up three percent and hong kong is listed child jane mining tax on two point eight percent china's markets remain. calls for the golden week holiday. now pretty much the same picture you're appears stocks are also high adding to the previous session strong gains that's on the back of overnight gains on wall street mining stocks are pushed up by higher gold prices banking stocks are also on the rise with heavyweight banco santander up nearly two percent. and in russia the r.t.s. is trading over less than one percent the southam isaacs is out just a quarter of a percent all the major blue chips are gaining between half percent and one percent bucking the trend as well telecom that's down point three percent. that's all we have for you this hour but do join me in about twenty minutes from now in about fifteen minutes sorry for now for more here on business side to. the. wealthy british science done some time to subscribers. market why not. why no one should.

a russian company since since united will solve raised two point twenty four billion dollars in hong kong in check. western road and bridge building most the trust has set an indicator of price range of six point twenty five to eight dollars per share for its upcoming i.p.o. the company would raise up to half a billion dollars if the latter just to sell the twenty five percent of shares allocated to the initial public offering the road show starts on wednesday and is expected to be concluded in of that. and european investors a lobbying for a visa free regime between russ alba e.u. but in exchange they want russia to make it easier for ford as to move around the country without having to register when they go to a different city we have to stress test for example with the foreign minister about a month ago russian foreign minister. current discussions or continues discussions with the european union officials european commission but also member state governments about it we are clearly in favor of visa free regime but what is also being said from the side of the your being straight of the

amounts to gaining three percent this different story in hong kong where shares are rising as invests not tapazole sets of stocks on high quality prices. and finally one of europe's oldest businesses is thriving dortch opposed to shell says online shopping is boosting its business around the world the head of the. spoke to business r.t. about how such a business can prosper and to chill age. we think there is a future for the classical mad business you know it's declining by volume but it's in a very important infrastructure for for and for the german country and therefore i have no doubt that it will be successful but what we had during this we had a new services in two ways one is the possible business due to the mail order boom we have in the western world which is starting now taking place as well in russia that people are wanting in from a distance goods because they can't get access to that and that's an interesting development possibility and russia and the second is that we transfer the quality of our product in the real world which is a confidential security letter into the i

hong kong's hang seng is slightly higher. in london, the ftse opened slightly lower.ll street, the dow rose 129 points yesterday. the nasdaq climbed 20 points. >>> well, be prepared to start paying more at the supermarket. starting next month, general mills is hiking prices on some cereals, passing along its higher costs to customers. kraft is also raising some of its prices. and other food companies may follow as their costs continue to rise. >>> apple unveiled a bunch of new products wednesday. ceo steve jobs prointroduced new software tha comphe company's mac computers. jobs also took the wraps off new models of the ultrathin laptop. prices start at $999. he went on to say this is as though an ipod and a mac book hooked up. >> people wait for years and months for the newest gadget. it seems like apple releases something new every day. >> and i want all of them. >> i know, right? pretty cool stuff. >>> next here on this thursday, which president misplaced one thing he's never supposed to lose? >>> plus, meet the newest police chief in a town that is ground zero for

hang seng down more than a cent hong kong shares are declining as resource sector stocks and h.s.b.c. holdings fell on week ever since master is falling on reports ford motor is set to sell the ga the stake in the japanese carmaker. and in russia the r.t.s. a slight positive in early trade and my six figures that you see on the screen at last week's closing figures as the boss will start trading in a few minutes. emerging markets stocks continue to attract cash last week as investors look to foster growth and they thought they could get for more mature economies on monday chief strategist from bank of creative gave r.t. his opinion on the market trends we're about to see this week investors in russia are going to be cautiously bullish through the week and i think that will be again a function of economic data that's coming hours we've got u.s. industrial production coming out and you've got us going into cases we've had a good surge of reach ourselves because we already have some doubts underpinning some confidence in the return of the u.s. consumer and that filters through to the la

hang seng down more than a percent hong kong declining us resource sector stocks and h.s.b.c. holdings fell on weaker overseas. is falling on reports fourth motet set to sell the majority of its stake in blank japanese. and in russia the r.t.s. and the my six are losing. early trade although major prove chips are also interested. european stocks are losing ground in early trading philips electronics is struggling two and a half percent after the crew cautious outlook for the rest of the year among other big movers their shares of blue bay asset management have jumped especially one percent in london after a cream to before the fire world bank of canada for a wrong one to help prevent all that's. the business news from now get more store small website our. business. news today violence is once again.

just marginally losing and hong kong's hang seng percent hong kong declining us from source to stocks and h.s.b.c. holdings fell on overseas news mazda is falling on reports ford motor is set to sell the majority of its stake in big japanese car maker. russia the r.t.s. and the minus its all losing in the trade in all the major blue chips also into red . that's how the business news looks can get more stores small websites are to dot com slash business. wealthy british style. markets why not. find out what's really happening to the global economy in the cause a report on. line . would be soon which brightened if you knew about someone from funds to impressions. means for instance on t.v. dot com. it's the secret incursion into the country. it's the invasion by means of. tradition the language still you suggest the best deal copied the beat. and culture. the thing is the have the dozens are still unaware of what's going on in the land still asking them i have no idea about stuff like nothing i don't know anything about them no less.

cities like moscow all right signal hong kong baby doll see hopeful sort of becoming a. regional financial center it's a whole the physician themselves right. there but it's got a pretty. and i'm not joined by a chorus wash our laws follow who as at events hello to charlotte good to see is one of the main topics being discussed today. while kareena yesterday was the turn of the high ranking politicians officials to take the stage ned their views about the state of the russian economy and how do these things and now basically the focus is turn to panel discussions detailed discussions giving the opportunity to discuss the hot topics like innovation the how to attract foreign investment and also how to sustain growth in the russian economy while also maintaining stability now as discuss at these issues bergdahl i'm very pleased to be joined by sygate the ria good recs at the new economic school here in washington ferry much for generations by this hour so what would you say have been the case scientists all discussions here so far today so i have been wondering in the disc

have been to china, hong kong, macao, and taiwan, and many restaurants where the children have not so many problems about healthy of syria -- about healthy. why only the usa or send francisco the children get on how of it, -- unhealthy. i think education is the problem, not made donald syria and -- not make donald. -- mcdonald's. mcdonald's is not the problem. the parents get their food from mcdonald's and not from their -- sorry about that. it is not the problem how. also the problem is education. >> thank you spirited -- thank you. >> i wanted him to respond to some of the marks being made. thank you so much for being here. i think it is a fact that americans are not eating as many vegetables as they should. but does not mean we should not be taking many more efforts to try to move in that direction. she said few of the males would meet those standards. i would assume it is much greater at this point. it is an apples and oranges comparison. >> to explain what you mean by that. >> the survey that the doctor did? >> it is a survey of dietary histories and not what was in the play. a n

. >> miles de personas se congregaron en hong kong para presenciar una competencia de objetos voladoresoca altura. ♪ >> bienvenidos, hoy se sabe un poco mÁs del momento en el cual la perforadora terminÓ ayer su trabajo de taladrar un tÚnel de 622 m, se sabe que las 7:52 asomÓ en el techo del not tallerfsemanla@ la punta del taladro,emana not n nonemos h@nformaciÓn de lo que estuvo pasando hoy domingo. >> este domingo los operadores que trabajan incesantemente para sacar a los mineros avanzaronuni-fsi-fsem 40 m de 100 por donde va a pasar la cÁpsula y de 16 tubos que iban a colocar en la fosa uno resultÓ con una imperfecciÓn, pero dicen las autoridades que esto no cambiar los planes. uni-fsa la lnot uni-fsemana lno todas las noches se encienden 33 velas para que se dÉ el milagro. metas los familiares hacen vigilias, desde los 700 m bajo tierra los mineros envÍan pertenencias, ropas, pequeÑas estampas.i-fsem fsemanno >> estan haciendo ejercicio, les mandan de todo pero en pequeÑas cantidades. i-fsem >> mario gÓmez es el minero de mÁs edad, tiene 66 aÑos y desde que los encontraron fue asi

like here in hong kong. liu xiobo could remain behind bars for another ten years. it's unlikely he knows about the peace price. >> human rights violations have been a cause with china for years. germany has raised the issue of numerous accesses including when the chinese prime minister visited this year. it resents what it sees as the west meddeling in its affairs. u.s. president, barack obama, said china had made promise on check reform. but political reform hasn't kept pace. >> when chinese province was hit hurricane. many children died. activists blamed shoddy building and corruption. one of the activists was the artist, police raided his hotel room. doctors in german treated him for a cerebral hemorrhage caused by the beating. the battle for human rights is a struggle for unequal foes. dissidents will be void by friday's announcement. >> china should take this seriously. the noble peace prize is recognized as an international recognition of somebody's accomplishment. i think they are aware of that >> freedom of expression, religion and assembly, are feared the

in other asian markets, hong kong's hang seng index down just a bit while equity markets are closed for the national holidays. >>> the world's leading steelmakers looking to secure stable supplies. other industries of pushing up the prices of iron ore and coal. they expressed concerns that control over natural resources by a few major mining firms is raising their prices further, and that may weigh down on corporate earnings and the global economy. japan's jfe steel president eiji hayashida explained his firm's measures to secure stable supplies of resources. india's jsw steel president, sajan jindal, said his firm will boost development of domestic mines to ease its dependence on major resource providers. >>> the head of japan's biggest business group has asked the government to include a variety of fast working measures in a supplementary budget to spur economic growth. they include steps to create more jobs and secure a stable supply of a strategically important commodity, rare earth metals. chairman hiromasa yonekura of the japan business federation made the recommendations when he

the fact was, we were positioned in hong kong but then we have limited rights in the main land which did not give it enough advertising revenue basis. >> i think murdock was invested at one time in phoenix was he not. >> in he why. i think he is still one of the shareholders. so we sold the channel and started to build multimedia integration into different aspects of the media, television, websites, and then big events, and so on and so forth. >> now is there a website now that shows the broadest understanding of who you are and what you're about and might have a blog from you. >> i have a blog at several leading places in china and twitter. our social community for "her village" for example is around 3 to 4 million followers. and our website is mostly in mandarin. it's called kenyu.com which is the chinese spelling of "her village" targeted at urban women gll where is it that you think this remarkable career is headed? >> i don't know. there were so many opportunities in china. the media is also opening up. so there are all sorts of things that you want to do. and if you don't have