i was here for the handover of hong kong in 1997. i must it met, i assumed that the lot of hong kong had simply become submerged in the greater china, but it has not worked out like that at all. something quite extraordinary has been happening here. >> they brandish the colonial flag when the chinese president came to visit. people are increasingly worried that china is trying to remake the case in his own image. people behind the flag protest, far from being old colonial types, when the handover took place. >> not british and not chinese, i am here to protect -- and we don't have any freedom. >> china tried to force their schools to teach the chinese version of history, so many people turned up to protest. the local government had the bag down. the top academic year says that china is putting the wrong emphasis on the basic principle of the handover. >> it seems that bei jing needs an interpreter for what exactly it needs. it is more and more emphasized, the priority of one country. >> opinion poll showed that 2/3 of people think of

hong kong also down despite a good debut. in south korea, samsung tumbled 2.3% after apple added more products to the patent lawsuit. and finally australia markets closed up by a quarter percent thanks to gains in the commodity space. back to you, ross. >> thanks for now. the u.s. power ball jackpot has jumped to a record $425 million. this for wednesday's draw. nobody won last weekend. the top prize could go well above that amount depending on how many people buy the $2 ticket. power ball earlier this year reached a record $556 million. now, unlike in the uk, you don't have to pay tax i think on your winnings in the u.s. but there is also only a one in 176 million chance of winning. but what would you do if you did scoop the top prize? e-mail us at worldwide@cnbc.com, @cnbcwex, or @rosswestgate. >>> and warning of an impact of the strong yen on growth, but the job of solving that doesn't lie on the bank of japan alone. more when we come back. >>> it's cyber monday and shoppers are expected to spend more than $1.5 billion. >>

bbc news, hong kong. >> that is the situation in hong kong. elsewhere, four tibetans have set themselves on fire in a protest against chinese rule. according to the organization free tibet, the 15-year-old tibetan monk has died -- they set themselves a light in zeshan province where many self immolations have taken place. let's talk about the speech given today, early this morning, by president hu jintao. to discuss it with me, i have a senior china economist with ihhs global. like anybody else, i am sure you have been digesting the speech. what do you make of that? >> not the time for hu jintao to come up with grant new policy measures, it is the end of his term. to recap and make a stamp on his legacy. >> very early on in his speech he started talking about corruption, the inequality of wealth. has anything changed over his 10 years? >> in terms of corruption, it is very difficult not to address corruption demanding bo xilai scandal and "the new york times" piece on both wealth of wen jiabao. benowitz they disputed. but he came in in that ea

he at one point went from hong kong to japan to recuperate.the one that wanted to be an artist and wanted to paint. i thought about that because it must have been hard growing up in hong kong to be far away from everything and have a dream and get sick at this point. i thought u is there a story here? that's the way it begins for writers. people think things jump out and we have it in our head. it's the opposite we have nothing in our head. we turn on the machine and praying for something to come. with women of the silk i researched for 6 amongs and read and read and read. in one book i found 2 lines about the woman silk workers and knew immediately that's hai wanted to write about. it came to me like a dream that every writer prays for that you just knew you wanted to write about this. with the second book it was difficult i sat down and didn't know what i was going to write for about 6 months. which was fearful for me because of the fact i knew i didn't have the second book. steven's story, i asked myself questions. a lot of writers do that

. >> and after that, i went to hong kong and i am married to this navy brat, a caucasian woman who i met in hong kong, codie and when we had our first daughter sarah, we thought, well, i'm indian and she's caucasian american. >> uh-huh. >> and our kid won't feel indian american or chinese if they grew up in hong kong. >> uh. >> so that is when we decided to look around and we fell in love with san francisco. >> you don't have to tell us why. and the question is, how did you know that indian cuisine, right now, indian everything is hot. you have baliwood, the indian restaurants going and that is there the movies, everything. how did you know this would take off? that was the chance, you bringing the family here and starting from scratch with a cuisine that may noton every street corner. >> absolutely. >> and we went to many places. however, san francisco we felt has that global heritage, you know. and this is where the '60s movement started, which is so connected with india as well, you know. >> uh-huh. >> and so i felt in san francisco people would be coming from all over the world.

what robert said about hong kong theme parks, hong kong, asia, slow down, and the thought that the disney hong kong theme park had a good quarters surprising. the theme park business surprisingly recession resistant and does pretty well. another false point for the global economy. dave: a little growth might translate to a lot of disappointment but we will seek as trades come in slightly lower. thank you very much. we are two week from the start of holiday shopping season. retail sales are expected to rise at a slower case than last year. which names should you be betting on and which should you run from? we have the trade. dave: after being on fire following the first presidential debate, coal is going in the opposite direction taking the beating following the president's reelection so how is the industry going to put themselves back on the front burner? the president of the pennsylvania coal alliance has things to say. he will be joining as a fox business exclusive. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highwa

i've been in hong kong but space is limited. as it is in the weather office. [ laughter ] >> high definition mount tam camera, blue skies on this thanksgiving afternoon. it's loving out there and mild. here is a view and how cloud free in the skies over the bay area. we're going to have this pattern for several days. temperature readings in the 60s all across bay area except for half moon bay. these are the forecast features. it will be cold in some of the north bay valleys with patchy fog, as well. mild weather right on through the holiday weekend and chance of rain next wednesday late, but before i get to that we have lots of lovely weather. overnight, chances of patchy fog in interior valleys. chilly in the inland valleys and 40s over most of remainder of the bay area. satellite radar composite image, high pressure dominant feature. it will be for several days to come. jetstream is flowing well to the north. dry pattern through the holiday weekend. follow this time line, we'll see dense fog developing in the central valley an

i was in hong kong. i was working full time. i had a very demanding job. but i started thinking about, could this be a topic, could this be a topic, and morris struck me in my reading as a potential topic. >> why seward? >> i published the jay book. went back to full-time legal work for a couple of years. i started thinking about a second book. i wanted to do something in the civil war era. i had just read a wonderful book. i met seward in that book. there was a lot more i wanted to know about him. how did he become governor at a young age? what did he do as governor? i bought a copy of the biography and read it and thought, i think i can do better than this. >> give us a brief synopsis of seward's live. >> he is born in new york. not new york city. the rural new york in 1801. he studies law, becomes a lawyer, settles in auburn, new york. this is halfway between albany and buffalo. the day he starts practicing law, he starts practicing politics. he is elected governor of new york in 1888. he is elected to the federal senate in 1869. 1860, he is the favorit

hong kong's hang seng index rose 0.25%. >>> turning to europe, the markets are moving slightly lower. london's shares down by almost 0.7%. frankfurt the dax declining by 0.6%. in paris the cac 40 declining by 0.4%. moving on to currencies the dollar is little changed against the yen after japan's lower house was dissolved in the afternoon. the euro is fluctuating in a narrow range currently quoted at 103.32-36. >>> the new leaders of china were announced on thursday. on where the chinese economy will go from here we spoke to steven wong, an associate professor at the university of hong kong. >> i don't think there is a dramatic difference between the two in terms of economic policy. the goal is to try to achieve a reasonable economic growth as well as to balance the need of structural reform. currently the growth is moderate so i would expect the government would continue the economic reform on a very cautious manner. >> reporter: at the most recent communist party conference economic goals were set. they were a doubling in the country's gdp and average income by 2020. steven wong say

here are your temperature, then. 26 in hong kong. the low 20s in taipei. meanwhile, just into the teens in shanghai and chongqing. tokyo looking for 16 on wednesday with just 6 degrees in seoul, 10 in beijing and minus 6, absolutely frigid, up in ulan bator. heading on into the americas, things are looking very clear for much of the u.s. up into canada as well as down through mexico. there is a small low sitting to the west. this one is weakening off at the moment, so you'll see showers at the coast and snow showers starting to clear up. out east, as well, we have another system that's pushing out over the atlantic. so a much drier day for you on wednesday, certainly, but it is going to be quite cold behind that cold front, so temperatures about five degrees below your average and also warnings for freezing fog around oklahoma, texas, and the lower mississippi valley. let's take a look at those figures then for your tuesday. you'll be noticing quite a drop in some areas like chicago, 4 degrees, on the toe, down to 9 degrees in new york city 1shgs 1 into d.

the hong kong market is off more than 500 points. that is almost 2.5% n europe, all markets are dropping this morning. >>> we still have plenty ahead, your weather, traffic and all your top stories. >> fox 5 morning news at 4:30 starts now. >>> all right. happy thursday. it is november 8th, 2012. live look outside right now at the washington monument. a couple of sprinkles on the car when i was driving in. i don't know whether that was from overnight or whether it was sprinkling when i walked outside. just in a daze. >> we'll be glad whether this nor'easter moves out because tens of thousands of people in new york and new jersey are back in the dark this morning. another powerful storm whipped through the area. it started yesterday bringing heavy wet snow winds. more than 1,000 flights were canceled in and out of new york but no mandatory evacuations have been issued there. let's get the latest now on the weather. it has moved out of here or we kind of escaped a lot of it. >> mostly. we were on the west side of it. we did have some s

now on the vote from america's chief economic rival joined by a professor joseph chang from the hong kong city university it is a pleasure to see you today here on r t so one candidate has ordered the u.s. navy to surround china the other one promises to label beijing a currency manipulator and launch a trade war if elected which comes with the obama camp all the romney camp which one is china leaning towards. well chinese leaders tend to normal criticisms of china in election campaigns they believe that the real president will have to be more pragmatic in dealing with china but certainly the obama administration is a known quantity to the chinese leadership and the statements made by. you mr romney pop up very small fractal to china especially as what you just said he that on his very first day in office would label tie now as a currency manipulator and give he carries out this electoral pratt's appoint you election then certainly it will you will be very disruptive to the you cannot make ties as well as through the overall or strategic relationship between the two countries you said mom

will keep a close watch on on this change of leadership in china professor joseph chang now from hong kong city university thanks for coming on the program today. well the civil conflict in syria that's sending strong ripples across the border after a short break here on r t we report from lebanon which has turned into a sectarian powder keg because of the bloody civil war ongoing right on its doorstep. you can tell an ordinary russian siberian in the blink of an. anthropologist in those days siberians war different clothes different food. different animals. but what about. my journey began in two men but the big city was all shiny skyscrapers and shopping malls much like any other prosperous russian. so i decided to try. a small town just outside. dumplings came from here to dominate the russian cuisine but only in siberia. with cabbage and making sure you can have as a starter main dish. although it may draw. most people in siberia see nothing wrong with hunting only if you decide to participate. when you look upon martin. as in the middle of a swamp only accessible by air transport in t

from hong kong city university so now they were ambles are getting some powerful backing from the u.s. will we see even more violence. it is likely so all because you appears to be american government is indicating that you will support dolls' groups who have been proven more effect in fighting the pro-government forces alternatively the united states and the western countries should emphasize that they will support groups which are ready to negotiate among themselves the form of broad coalition that they have a clear cut terms for negotiations with the certainly jeanne as well as to demonstrate. their floor appeal to deceive community through the syrian society so they're able to wind down with very few actions to be held subsequently these indications are necessary to bring down the last four or five but if the emphasis is on more victories on our battle proven record then you certainly expect more barnum's the rebels and says they are countering the brutality of the assad government what's your assessment of the rebels tactics. well the rebels are certainly against. doubt about it

evidence of the counterfeiting trade can be seen at this hong kong warehouse where counterfeit watchesputer chips, all copied in china, and seized in hong kong, are tossed onto a conveyor belt, and consigned to the dust bin of history. but it's like stopping the rain, the seizure may look impressive, but every day, 6,000 shipping containers leave hong kong's harbor for the u.s. packed with products made in china, and only a small fraction of those containers are ever inspected. >> this is the most profitable criminal venture, as far as i know, on earth. >> counterfeiting. >> counterfeiting. and your partners don't kill you. >> attorney harley lewin has been chasing counterfeiters from china for more than twenty years. and china's now the undisputed capital of the counterfeit. >> 80% or more worldwide. >> can you give me an example of any american or european product that's manufactured here without being counterfeited? >> no. >> so we could have followed just about any trail, but we decided to stay on the fairway. and we went undercover to find a small factory in dongguan, churning out

hong kong, if you look at the hong kong chinese shares that china enterprise market since september of this year, it's been substantially underperforming. september of this year when it has spiked up tremendously, that's due to foreigners coming into this market, foreign outside money coming into this market thinking that the china market is not going to hit a hard landing and that the china market maybe has bottomed and there's been a substantial inflow of money into these stocks. you don't get that in china. china's capital market is a closed market. so on one hand, it's very good that you don't have scared money running out of that market anymore. you just have the money that's there. so you can look at it on both side there i think. >> but your take on this, just to make it clear, is that we're looking basically at a historic buying opportunity for the shanghai composite? >> yes, definitely. >> all right. >> that you put 30% in now and another 30, is this the bottom? i can't pick that. but yes, we're at very low prices right now. >> all right. we'll check back in with you in 2020.

there's also hong kong u.k. . yes and we i think i personally had expected to see switzerland take the majority and instead singapore would not buy he to mount and so it's there was still very popular particularly of european customers but singapore was right up there. are american readers and clients and i think this maybe doesn't show a dramatic shift yet but it is saying that is what changed in the water with people thinking maybe questioning if it's an injury is this safe haven that we will proceed to be and instead they kind of looking toward singapore and i don't think i definitely would agree that switzerland is a dangerous place to keep your gold anymore but it's only the last few years there's been quite a few changes and by swiss banks in the american government which have made people question whether or not they're you know the banking act which came into place i think in one nine hundred thirty four is still a strong as it was and if there is let me democrat in for a second so in other words the scanda

the global bond market how china is obviously buying a lot of gold and a lot of it's going through hong kong and we see hundreds of tons going through aka china again here's a here's a country was a huge reserves of paper money three trillion in paper but it was very aggressively buying gold. our people a storing gold in china the again is china on to something in terms of what they see in the future and so what are your thoughts well i think china really does fascinate me because i think you know during the u.s. elections a lot of people well there's a lot. people obama romney were based asked about its currency manipulation which we think by the us because there's a large holders of you know that but if you look in game two thousand and seven which is when china were given x. complete access to bite us treasuries directly at the same time they actually pretty much slowed down on their buying and now there's an interesting convergence between japanese japanese and chinese holding of u.s. treasuries and pretty scene ship it looks like japan will one day we'll see the largest holder of u.s. d

by the respiratory route, killed 10 percent of the people that it infected, spread quickly from hong kong to toronto, beijing, hanoi, and singapore. and it injected a total of about eight dozen people, killed about 900, so better than to%. and then it was stopped. i heard somebody, and one of the book reviews somebody was saying, well, it's one of those that burned out. stars did not burn out. it was stopped by a very good, early diagnostic scientific work in the field and the laboratory and then very firm public health measures, containment of cases, isolation of cases, getting the right equipment, the right personal protection to the health care workers so that it did not go further. and one of the things i always wonder about when i think it was ours is, if that disease had emerged from a different place than southern china and then hong kong and had gone to different cities than toronto, hanoi, paging, and singapore, but the whole history have been different? think about those cities. command-and-control cities with a lot of strong government, a lot of good public health, a flood faci

japan's nikkei dropped 136 points and the hong kong market is off more than 500 points. >>> the questionwhat is behind the plunge. investors in the u.s. dumped stocks as they focused on big problems ahead in the u.s. and europe. that includes the massive fiscal cliff spending cuts and tax hikes. >>> a former baltimore mayor has been charged with violating her probation. maryland corrections officials say sheila dixon is behind more than $13,000 on the $45,000 she agreed to pay to charity. dixon is currently on probation for theft and perjury charges. she resigned in 2010 after pleading guilty. >>> new revelations in the deadly meningitis outbreak. several warnings about the new england company that maintain the steroid shots were sent from colorado to the massachusetts board of pharmacy. they dealt with the company allegedly violating its license. rorldz show the warnings were made -- records show the warnings were made before july 2011. the outbreak has sickened more than 400 people nationwide, killing 39. >>> more gambling coming to maryland now. up next of course voters approved quest

. >>> in tokyo the nikkei sank 135 points while in hong kong the hang seng shot down 532. >>> well, the post election day drop for the dow was the fifth largest since 1900. as wall street responded to the elections with a selloff on fierce that congress and the white house won't be able to avoid that fiscal cliff we told you about earlier in the show. >>> a california judge has refused to issue a preliminary injunction to stop dish network's digital video recorder which allows consumers to record certain shows and play them back without any commercials. >>> airlines could beat steps like turkeys. they estimate that travel will be on the rise with almost 24 million travelers flying from friday, november 16th, through tuesday, the 27th. >>> legal marijuana which voters in washington and colorado approved could become big business generating millions in tax dollars, but colorado's governor says it's too early to break out the cheat tows and goldfish because the federal government may sue to stop it. >>> d.c. entertainment is going to sell all of its comics through itunes, amazon and barnes

hong kong has been performing much better.ly open, the mainland is only open to people living in china and mainland china has been under performing. how do you explain this? a lot of people have asked me to get a little more explanation. here it is in 30 seconds what i think is going on here about this huge divergence. shanghai is a very, very different market. it is only open to domestic investors. that means international investors like us can't get in. it's got a much bigger float than hong kong. they have flooded the market with shares and there are efforts here now to buy back shares. i think there's too many shares trading into the domestic market and so the liquidity, there's not enough liquidity for it and also more alternatives for investors so they can go into real estate now for example as opposed to staying in the stock market. contrast that with hong kong which allows global investors in like us and it's a more efficient market overall because of that. so let me just show you that hong kong versus shanghai. my opi

virus passed by the respiratory route, killed 10% of the people it infected, spread quickly from hong kong to toronto, beijing, hanoi and singapore and infected a total of 8000 people, killed about 900, so better than 10%. and that was stopped. i heard somebody was saying, well, why does he take sars so seriously? stars did not burn out. sars was stopped at a very good, early diagnostic scientific work in the field and laboratory confirmed public health measures. containment of cases, isolation of cases, getting the right equipment, the right personal protection to the health care workers so that it didn't go further. one of the things i wonder about when i think about sars is if the disease had emerged from a different place from southern china and hong kong and had gone to different cities in toronto, hanoi, beijing, singapore, make the whole history have been different? think about the cities. their command-and-control cities with a lot of strong government, good public health, apple facilities. if that disease emerged in the democratic republic of the congo , i love the congo, but has

we'll go live to hong kong next., it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios trust icy hot for powerful relief. [ male announcer ] the icy hot patch. goes on icy to dull pain, hot to relax it away. so you're back to full speed. [ male announcer ] icy hot. power past pain. ♪ >>> welcome back. status quo here in washington as president obama has been re-elected. he'll be president for another four years, but we could be looking at gridlock as the republicans control the house of representatives and right now we say the democrats will still rule the senate. so how is the world reacting to all this? of course, elections don't just matter in america but they matter all over the world. i'm joined by andrew stevens in hong kong. andrew, what are the markets saying about the election here? >> well, the immediate reaction was positive. there's a bit of a relief. it was a short-term way to describe this, t

temperature wise we're looking at 20s in hong kong and in taipei. 30s in the tropics that's intensifying tropical depression and tropical storm over toward the marshal islands. tokyo 12 degrees on the cooler side. moving over to the americas. still this low pressure system is being very well developed. it's going to further intensify as it moves toward lower mississippi valley. it's already bringing thunder showers across this area but things could get on the severe side. main threats will be hail and damaging winds. tornadic activity cannot be ruled out. as it moves toward the northeast things will get very chilly with that fridgid air flowing in. precipitation will likely turn to white in new york. i know some hundreds of houses are still out of power due to the aftermath of hurricane sandy. i think the snow will make things work especially with the travel disturbances. chicago looking at 1 degrees. moving over to the european continent. still gusty conditions and unstable weather. wet also. some heavy rain could target the regions that the flooding situations not alleviated yet. acros

the nikkei dropped 79 points while in hong kong the hang seng slipped 182. >>> investors will be hoping for a rebound today to close out this wild week. amazon.com is giving it another go at selling wine but only in 12 states and the district of columbia. their first attempt failed because of regulations over the sale and delivery of alcohol across state lines. >>> walmart has already started their hot sales promotions for the holidays. i know, it's already that time. i can't believe it. and the stores will be open smart investment for him. >>> well, kroger supermarkets with 2400 stores nationwide have started a hiring our heroes program. the company set a goal of hiring more than 100,000 military veterans by 2020. kroger already has over 10,000 vets working for them now. >>> not to worry, everyone, james bond is still a martini drinker. but heineken beer paid over $43 million for placement in the new "skyfall" movie. ads for the beer include scenes from the movie which may lead some purist bond fans shaken, not stirred. at least daniel craig is only holding, not drinking the beer, so d

prudential's hong kong shares were suspended after a trade of $590 million. in the nikkei, lost half a percent. technology shares lost ground with sharp and panasonic tumbling 7% and 6% respectively. but automakers gained ground ahead of toyota earnings. south korean makers took a beating. hyundai and kia both dropped around 7% after they admitted they overstated fuel economy for some cars sold in the u.s. upbeat retail sales data. miners led support. austral australia's federal court announced a landmark judgment against f and p for misleading ratings during the 2008 financial crisis. sensex still on the move lower by about 0.3% at the moment. ross, back to you. >> beingokay, thank you. >> and now is a credit explosion in asia a ticking time bomb that could spark the next global financial crisis? on report by capital economics positive it posits just that. can the u.s. avoid a repeat? we want to hear your thoughts. you can e-mail or tweet us. >> and also with a day to go before americans head to the poll, all eyes are on the united states. more analysis, wha

the shrinking amount of space combined with hong kong's aging population is giving rise to a new takesea. a floating cemetery. it's called floating eternity, which unto itself gives kind of a neat name there. how many people can be interred is the word? >> the idea here and this is still in the new phase, whenever you have a problem, someone will try to find a solution to the problem. we're looking at 370,000 niches that people can place urns with their loved one's remains into this wall that's going to circulate on this cruise. and it's very eco friendly, mind you, because all this is supposed to be powered by tidal energy. so that being said, it's just in the idea phase right now. a price tag has not been associated with it because of the fact that it's still a concept. and if you can see, here are the pictures we have from the company that's proposed this. it's this maritime memorial. here are two people visiting the memorial. they'll have food. it's a whole experience. >> is this a place or do you go on the cruise in the after life? >> no, it's like a cruise for your remains. >> h

look at hong kong, though. explain this to me.n my entire life. hong kong on the white line. here's the shanghai market, mainland china market. look at the divergence. this has happened in the last few months. mainland china investors seem to have fled their own markets. hong kong up 19% on the year. shanghai is down 11%. folks, that's weird. something is going on here. something's going to give here. this can't keep going on. we're in the going to keep having these wide divergences for the whole year. hong kong is going to come down or shanghai come up. it's obviously people trying to figure out if the chinese authorities are going to be involved in going out and stimulating the economy, providing new infrastructure, or whether the capital flight people we're talking about from the mainland continues or not. a tough one to call. all i can tell you is the bums were wrong on mainland china. buying in september ahead of the leadership proved not to be a great investment so far. i'm sorry about that. because i talked a lot about it,

that is right, a vegan. [ man ] in hong kong, on my way to the board meeting... anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. >>> a survey by the american heart association found that 40% of americans believe their hearts are had great shape. the number? fewer than 1%. president clinton was an example, he passed all his physicals, but later, it took a triple bypass operation to save his life. >> i was lucky i didn't die of a heart attack. >> former president clinton, like too many people, was busy. and for years he ignored warning signs from his heart. but in 2004, during an exhausting book tour, there was something different. >> i had a real t

. >>> fire officials are looking for the cause of a fire that started at the hong kong hair and beauty center. based on the similar fire at this same location. investigators are calling this one armed blaze suspicious, there were no reports of any injuries. >>> there's new information tonight about a brazen shoot- out that started last night on edwards avenue. the bullet-ridden vehicles were abandoned right on the vehicle after being shot. >> we had some very good witnesses -- so we called them and following up on that aspect to try to determine what they saw and try to put this together. >> police say no one showed up at hospital emergency rooms with wounds related to this incident. they did detain a 16-year-old boy, however. >>> authorities say the body of 33-year-old jose estrada, a cook, and may have been on his way home in alameda. it turns out, it was muni metro equipment and can and knot the egne's that caused a manhole blast tomorrow morning. the manhole blew at south market street. and a car sent a pedestrian to the hospital and added to the traffic mess. >>> walnut creek poli

tokyo and hong kong gained 140 points and the hang seng up 289. traders and voters are watching for any surprises from today's october report. it's the last one before the election. that should keep the unemployment rate at 7.8%. a slew of upbeat data drove thursday's momentum. consumers, retail, automakers. >>> it has been a rough work for martha stewart's company. offices were flooded forcing earnings to be delayed twice. now the company says it's laying off 12% of its staff. shutdowns and free fathers are costing new york transit authority about $18 million a day. new york senator chuck schumer says fema will reimburse the city in full. sand yes's price tag is $50 billion. making it the fourth costliest disaster behind katrina, 9/11 and andrew. >>> homeowners may be spared a costly deductible. >>> and business is about to boom for companies that made oprah's annual favorite things list. we always love this one. a few of your favs, an $1800 battery and peddle pered bike, microsoft's new $500 surface tablet and a $40 blue velvet cake. blue velvet

] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kongndustry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> tonight on "dancing with the stars" kirstie alley took the stage dressed as an angel for a two-part in a routine that flaunted their naughty and nice sides which are fair game in a new book where she reveals the seeks of her pooft including the famous old flames she told abc's barbara walters she still holds dear. >> in her new book they art of men kirstie alley makes startling revelations. she shares the good, the bad and the ugly from drug addiction to her famously fluctuating weight to romances with john travolta, and a married patrick swayze. now 61 years old, the former movie and sitcom star has again thrust herself

. >>> hong kong medias say anger over police corruption triggered a riot in mainland china. people clashed with prison on saturday. media outlets say the trouble began with a traffic accident. they say an unlicensed driver drove a car into several vehicles. no one died, but five people were reported injured. the associated press quoted one resident who said people game upset when police and paramedics took nearly an hour to arrive. drivers involved in the accident and bystanders fought with police. they overturned three police vehicles. authorities brought the situation under control by the end of the day. >>> south korea's largest opposition party and politician are still working to pick a candidate for the country's presidential election next month. representatives of moon jae-in and ahn choe. the negotiations had been suspended since last week. details of the talks were not available, but at a press conference, both men showed strong motivation to be the candidate. >> translator: i was chose nn a preliminary election for my party. it would be impossible for me to make con

and minus 9 and low on thursday could be minus 20 degrees and meanwhile 15 in shanghai and 25 in hong kong. finally, let's go over to europe. not much changed since yesterday. a series of lows are dumping heavy rain and for the north. particularly wet in the southwestern corner of the u.k. and southern norway and winds of over 70 kilometers per hour likely in southern norway today and as this front swinging through the western continent will turn wet and windy and rain should be dissipating on your thursday and mean while severe weather is finally easing in the southern half of italy and the western tip of turkey and rain will continue on wednesday. that could trigger further flooding as well as landslides. here for the rest dry and we have fog alert issued for much of central europe. your temperatures on your wednesday, 5 degrees and 6 degrees in stockholm and warmer than average in london. here is the extended forecast. >>> our top story this hour, asia pacific leaders want to create the world's largest free trade zone, a trading block with the combined output of $20 trillion, almost one

nasdaq lost ten. 13, actually in overseas trading this morning, the nikkei gained 18 points while in hong kong the hang seng gained 18 o 0 gentleman markets ended october lower. there is some good news. they're all way up for 2012. the dough slid 2.5% last month but it's up more than 7% this year. the broader s&p down 2% in october, added 12.5% in the last ten months. the nasdaq "the biggest loser." it scored 14% in 2012. >>> not surprisingly in sandy's wake home depot and lowe's were the biggest movers along with generac. >>> fedex says shipments will be stored in their facilities and you can check on your package status on feks ex-.com. >>> netflix shot up on news of carl icon's ownership in the company. it was up more than 45%. >>> ford rallied on frong ger earnings reported while markets were closed. >>> likewise, gm so i remembered after blowing past earnings estimates. >>> on the down side, apple shares slid and weighed down the nasdaq and, sorry, a.m. ex, your gold card has nothing on this, a new pure gold diamond and mother of pearl card from a bank in kazakhstan. the price, 100,000 bi

the nikkei dropped 79 points while in hong kong the hang seng slipped 182. >>> investors are going to be hoping for a rebound today to close out this wild week. amazon.com is giving it another go at selling wine but only in 12 states and the district of columbia. their first attempt failed because of regulations over the sale and delivery of alcohol across state lines. >>> walmart has already started their hot sales promotions for the holidays. i know, it's already that time. i can't believe it. the stores will be open on what some call black friday eve. otherwise known as thanksgiving. denver broncos quarterback peyton manning may have perfect timing as he bought more than 20 papa john's pizza franchises in colorado right before the state approved legal marijuana. users with a taste for pizza munchies may have to make this a smart investment for him. >>> well, kroger supermarkets with 2400 stars nationwide has started a hiring our heroes program. the company set a goal of hiring more than 100,000 military veterans by 2020. kroger already has 10 thousand vets working for them right no

tokyo and hong kong finished the trading week with the nikkei gaining 104 points and the hang seng jumping to 89. >>> well, traders and voters are watching for any surprises from today's october employment report. it's the last one before the election and expectations are about 125,000 jobs were added. that should keep the unemployment rate at 7.8%. >>> a slew of upbeat data drove thursday's momentum including positive reports on consumers, retail, auto sales and manufacturing. >>> it has been a rough week for martha stewart's company. offices were flooded by hurricane sandy forcing earnings to be delayed twice and now the company says it's laying off 12% of its staff. >>> shutdowns and free fares are costing new york's mass transit authority about $18 million a day. new york senator chuck schumer says fema will reimburse the city in full. sandy's total price tag is an estimated $50 billion making it the nation's fourth costliest disaster behind katrina, 9/11 and hurricane andrew. >>> homeowners in new york, new jersey, and connecticut may be spared a costly deductible after state governor

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