theyften commute between vancouver and hong kong.hey believe the best way to preserve their wealth is to invest in real estate, and the best way for their investments appreciate is to replace older anglo-canadian housesike these with newer, larger asian-style houses like these. as developers rush to accommodate these new arrivals, ey a teariown exisng homes. ma west side residents have become concerned byhehang they see igorer w lng around them. liss i knew ts house well, because i used to play across the street from it, anit had beautiful timbe inside and oak fors, and what we got in its place is this motrosity, which certainly esn't fit intoheeighborhood at all. they're pi, ey're fluf, they're g,hey'riendly,here. and it really annoys me that people come in here and don't wa to blend into the neighborhood. narrator: like lissa forshaw, man: jthey either didn't want ous an older house, or they didn't want to fixt up, or money was no object, swith houses cong down and new houses going up, d the w houses unfortunately withhe existg arc

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he at one point went from hong kong to japan to recuperate. he was 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

look at hong kong.f you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal reserve does. but they have an inflation issue and their economy is tied to china. so if you buy something like ewh, the hong kong etf, all those stocks are priced in hong kong dollars. if the hong kong dollar is repegged, the ewh will go up as much as the repegging. >> what does that mean for the u.s. market? where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately, as i look to 2013, i'm looking at u.s. austerity. so the question is how much is that going to be, and if it's a lot and the rest of the world can't pick up the slack, then we've got problems. if it's just a little, in china and europe, can actually come out of what they've been in, then we might be okay. >> bu

miss thinking of the building when you see this design it's impossible for anybody who has been in hong kong or looks at architectural publication and i'm not interested in seeing 12 buildings compete for attention when it comes to celebrating the transit district as a lace with the tallest building being indeed ceasar palace on it's own and we are setting it up right now with relatively language language with the first kid coming on the block trying to speak me, here i am and as an idea that is perhaps okay, i think feet long run, i'm not interested that the new transit center district starts to replicate what we have in shanghai or other places that have tall buildings than other other merit than screaming for attention on it's own and i hope that we can do better and set it up in a setting of a larger whole and that is larger buildings and making the transit center importantly and it's a powerful collective voice which in a certain washings i hope this building could get a little more attention in it's final design which would more respect that and i'm prepare to approval the building and

now australia gets ugly case of two thousand us so first the hong kong monetary authority recentlysaid that it was over borrowing and over leveraging and essentially fraudulent lending that caused the financial collapse so all of the quantitative easing is going to do nothing and now glenn stevens the head of the central bank of australia has spoken in the past week and he says that the balance sheets of central banks have reached wartime levels and he shows these charts and you can see it's quite dramatic but he says in terms of the policy response there is a discomfort in some quarters that central banks appear to be exercising an unprecedented degree of discretion introducing new policies yielding uncertain benefits and possible costs well what they're talking about i think alluding to here is that the central banks have been expanding their balance sheets to hide the deal leveraging that to happen as a result of the criminality of the big banks who committed terrorism and just b.c. has said yes we are a terrorism. a terrorist organization and the central banks to cover up their

, and tavis: we'll see how much longer that lasts, with the chinese repressing on hong kong. >> yeah, i know, but i think i'll still be okay there for a while. tavis: yeah. >> but i remember coming through customs there, and still everyone's a little careful, and i came through customs and the customs guy looked at my -- looked at me and looked at the passport and he looked over his shoulder, and he went -- [unintelligible] "autograph, please." [laughter] so i gave him an autograph and then he got very professional again. it happened in the hotel. i'd made this movie "red corner," which was a very political tavis: i've seen it. >> -- story about the chinese judicial system, or lack of a judicial system that protects people, and a good film, i like the film. i was going up in the elevator and the movie was called "red corner," and the elevator operator's in, i'm going up, and we're looking at the numbers, and he looks over at me and he looks up at the camera that's up in the corner, and he looks down and he looks over at me and says, "i loved 'red corner.'" [laughter] so these things

now australia gets ugly case of truthiness so first the hong kong monetary authority recently said that it was over borrowing and over leveraging and essentially fraudulent lending that caused the financial collapse so all of the quantitative easing is going to do nothing and now go.

germany, hong kong manage to outperform. so just where should investors put their money in the new year? we've been asking analysts and economist toes give us their top calls for 2013. >> do you think the u.s. is going to continue to be strong if they can solve the fiscal cliff issues, keep economic indicators up, what they're doing with the job is good, performance is good. asia will take a while, to the end of 2013. we'll see good entrepreneurial activity. that's going to depend on good performance in stocks. >> it will appreciate even with weaker economy or, you know, stagnated economy because there's not much growth to be accepted from all europe, you know, obviously call europe like germany will grow with the global economy here. but at the moment, because of the issues in japan and all the issues in the u.s., euro and particularly euro is the one to stand out as the strong demand and, you know, this is something that european policies and european companies will need to work with. >> next year, although the eurozone ec

that is hong kong's biggest ipo in two years.nd the nikkei edged lower from its seven month high as investors booked profit ahead of the u.s. jobs data, but sharp shares soared over 8% after taiwan said investment talks were still on. south korea losses in automakers were offset by gains in technology shares and ship builders. meanwhile australia's asx 200 up nearly 1% today with miners and banks gaining knmomentum. sensex lower by 0.5%. >> thank you for that. a one meert high tsunami has hit the ming a sgi prefecture in japan after an earthquake struck. the quake rocked buildings as far as tokyo. all nuclear plants and refiners are operating as normal. we did see the dollar yen hit a session on -- or the yen hitting a session high. we have a little bit higher, the yen right now, 82.37. peter styles is joining us for more. >> we've had six earthquakes, decreasing in magnitude. we had the 7.3, a lot smaller than the one which devastated japan on fukushima. it's probably at least 500 times less in energy. and so we've had a sequenc

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falling 7% in hong kong today, though ended down 4.5% in hong kong after issuing a profit warning which sparked downgrades for morgan stanley and jpmorgan. late last year, espirit launched a four-year turnaround plan to basically revive its brand in the company. but it's struggled it compete in europe where it competes with brand such as h&m and zara, owned by inditex. in argue -- in august it hired a former inditex second to turn it around. in australia, shares slumped more than 13% today. and its future is being questioned. now it did receive a takeover offer today worth some $556 million u.s. half a billion dollars, however, there's been some discussion over whether or not billabong would actually accept this offer. and its shares did plunge because it gave a profit warning outlook saying that it's actually giving tries speculation that the latest -- rise to speculation that the latest offer shows due diligence, period. you may not believe it, but the company has actually rejected several offers before this. one of them worth as much as $900,000. so it has been a pretty slow but amaz

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talked hong kong movies, old gangster films.ked up. >> jimmy: kind of his muse in a way. >> almost his muse. >> jimmy: would you be angry with him if he writes a movie and does not include you in it? >> he did. inglorious basterds. >> jimmy: it would have been tough to work you into that one. >> not really. because when he sent me the script and asked me to read it, tell me what i thought, tell him what i thought, i read it, and as the black fresh kid with the girlfriend. so i'm the black fresh kid? he goes you speak french? well, no, but i'll learn. he's like no, no, no, i really need a real french guy. >> jimmy: wait a minute, you speak french. le royale with cheese. [ applause ] in his own movie. >> he didn't buy it. so i looked again. i said well, it's kind of like a newsreel. i could be the narrator. do that voice. he was like that would be great. he ended upbringing that up between me and harvey and some other guys. but i did give them a voiceover in there. >> jimmy: you have to be in the movies. it's like a rule. it's bad

that is a live picture from our he bureau in hong kong, 6:22 p.m.ave drinks and go to dinner. >> did you see the lights on the left-hand side? they stopped just for you. >> you have immense power. a beautiful picture there. we have bureaus everywhere because we're cnn and we can show you beautiful pictures like this whenever we want. but it is a pleasure to look at that this morning. hong kong of course guy auiant business center in the world. u.s. stock futures are up. >> and markets had a good day yesterday. the dow rose almost 80 points. christine romans is talking markets. >> and you can thank big ben bernanke, the fed chief. a lot of people saying that the federal reserve and its herculean efforts to keep the economy moving is why stocks are up, why the economy is growing, and they're expecting the fed to announce new measures, new st stimulus to keep it going. so when you hear the catch phrase that the fed is the only game in town, the fed is the only game in town. around the world it has been central banks who are independent from governments

i'm concerned about this city becoming like new york or hong kong where it's frantic development development development, anyone can do anything, go on the sidewalk, do this, if you know somebody you get to do this. i'm against this and also want to clear up the rules at a later time. >> thank you, is there anyone else who would like to speak? seeing none, public comment is closed. please line up either on the side of the room, we're going to close public comment in a moment, but please come forward. >> this the right spot? >> yes. >> i've never done this before. i haven't read anything up on this. regarding the overlap into the portion of the property, you should request him to detail his reasons for going over into the other property and review the type of lease he has before you decide whether you are approving or not approving. that's all. >> thank you, ma'am. so if there's no other public comment we're going to close public comment. mr. kwan, could you please come forward, i know there's a number of questions that were raised, could you do your best to answer those questions? >> thank y

gasto, para ser mÁs eficiente, y el tercer mayor banco del paÍs cerrarÁ 14 oficinas en brasil, 7 en hong kongas que todo regrese a la normalidad, aceptaron dar mejoras salariales y de seguridad a miles de trabajadores. el letrero conocido en todo el mundo, y hoy estrenÓ lavado de cara por decirlo de una manera, saliÓ en decenas de pelÍculas, es punto obligado de turistas que visitan hollywood, el letrero se ve reluciente, gracias a un trabajo intenso de remodelaciÓn, a cargo de un grupo de experimentados trabajadores hispanos. ahora pasamos con fÉlix y un adelanto de la ediciÓn nocturna. >>> el letrero mÁs famoso del mundo. >>> sÍ, mÁs limpio y bonito. >>> hay que tomarse una foto ahÍ, agentes de la patrulla fronteriza, le dispararon a un indocumentado de mÉxico. en mÉxico, familiares de detenidos por la toma de posesiÓn de enrique peÑa nieto, quiere demostrar que la policÍa detuvo a gente que no participÓ en incidentes, y desatan polÉmica fotos de estudiantes universitarios disfrazados de mexicanos, algunos lo describen como insultantes y racistas, le hablaremos de la controversia. >>> graci

] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kongand the optics industry 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 eir 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. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. challenging times. that's next on fox news headquarteris. us. >> governor workers are workg less and costing us more. during a typical workweek, sector employees work 41 and half hours and government rkers only clock in 38 and half. estimate shows that governments coulsave 130 billion if the employees work the same number of hours as those in the private sector. wayne, you say get to work? >> when you add

hong kong hosted its biggest ever fireworks display. they also rang in the new year in tokyo.he pope celebrated new year's eve with a service at the vatican saying reflexion and prayer can help heal wounds. heading east, there were scenes of beauty like in red square in moscow. one of the biggest celebrations in the world and perhaps the most iconic is right here in times square. hundreds of thousands are already gathered to watch the famous waterford crystal ball drop, wishing you a very happy new year in times square. >> there's much more ahead at 5:30. we'll be right back. >>> as we check out this new year's eve forecast, cloudy, a gray wintry day but no precipitation coming down. a little bit of verga, rain evaporating. it looks good as you travel to your favorite new year's eve event. as we go later in the night, 35 degrees, cold but dry. there are two changes on tap for the first week of the new year. we got those coming up. >> with cold but dry weather, baltimore's inner harbor will be packed as folks ring in the new year. plenty of places to eat. a fantastic show. rosi

while hong kong celebrate with a virtuous so show over victoria harbor.ireworks lit up moscow's red square. in dubai, they filmed the midnight moment under the world's tallest building. the gulf states is eager to take its place among the world's best known venues for the dawn of the new year. >> no happy new year in syria. the situation is as great as ever. the bodies of 30 people found with signs of torture in a suburb of damascus. the international peace negotiator of syria urged to push for peace talks between the government and rebels. the country could become a failed state ruled by warlords. in iraq, a wave of attacks killed nearly 23 people and injured more than 80 as a car bomb in a central baghdad neighborhood killed five and wounded 25. seven people were killed and houses. explosions took place in two other cities. but egyptian president has played down the slide in the value of the egyptian pound to a record low. those comments come as central banks launched a new system of the foreign-exchange options to local banks to try to control the valu

el mundo entero celebran la llegada del 2013, ya es aÑo huevo en varios lugares, oceanÍa, asia, y hong kongscenso de la bola iluminada de 5 mil kilos, marcando el fin de aÑo, no sobran los valientes que apnan tan el frÍo , y nayeli tiene las historias. . >>> desde temprano el times square es escenario de la contagiosa alegrÍa de los que madrugadon en su afÁn de los que quieren estar en primeras finas. >>> no se puede expresar, es mÁgico. >>> turistas de todos los rinconeso del planeta hacen frente al frÍo gustosamente. >>> cambiaste el calorcito. por el frÍo. >>> sÍ, times square, claro que sÍ. >>> en medio de estrictas mediadas de seguridad cooperan para que se realice en paz la fiesta. >>> se revisa a cada espectador que acude al evento de bienvenida de aÑo nuevo, no esÁa permitido el alcohol y muchos pasan horas sin comer haciendo otro tipo de sacrificios con tal de no perder su puesto. >>> quÉ pasa si quieres ir al baÑo? >>> te aguantas. no comes, no tomas agua, para que valga la pena la experiencia. >>> y es que nada parece opacar el entusiasmo para los que para esta noche, significa u

] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kongand the optics industry 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. "nightline," tragedy at sandy hook. >> reporter: the search for solutions continues with cindy mcfadden. >> it may have take then loss of 26 lives at sandy hook elementary to blow up a long overdue conversation about guns but for michael bloomberg it is the 34 lives lost to guns every day in this country that fuelled his decades long crusade. he said it is time for president obama to take actions and for the nra to get out of the way. >> columbine. >> virginia tech. >> today the call for tougher gun laws got some star power. an a-list of hollywood celebrities teaming up to release this new video. >> demand a

hong kong is 13 hours ahead of us. they were doing their partying at 11:00 in the morning our time. we passed most of europe. some of the last places will be the american sew mow ya. they don't start until 6 a.m. our time tomorrow morning. >>> coming up tonight after world knew, stay tuned for abc2's the list. >> picture this. we take you behind the scenes for flashes of hope at johns hopkins hospital and what goes into making the perfect cupcake flavor. wool. >> let you know tonight on the list. >> here's what's coming up tonight on abc2. irene, drop the itch. we dropped the itch, you can too. with maximum strength scalpicin®. it's not a shampoo so you can stop intense itch fast, wherever you are. i dropped the itch. free yourself from embarrassing scalp itch. ximum strength scalpicin®. also available scalpicin® 2 in 1, itch relief plus dandruff control. >>> people are bundling up. >> a cold night, what we always hope for is no weather to douse our flames. >> it has happened before but not this time. >> maryland's most powerful radar is dry as we go to scrums under six -- just unde

] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong the optics industry in germany? at t. rowe price, we understand the cnections of a complex, global economy. it 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. ♪ . melissa: are lawmakers any closer to making my christmas dreams come true and actually hammering out a deal it save our economy? well, you just heard texas republican senator kay bailey hutchison say she thinks it is almost a certainty but are democrats singing a different tune? we wanted to check it out. joining me democratic congressman henry cuellar. thanks for joining us. >> thank you very much. melissa: i said before, we're a million miles away. if you're outside the beltway feels like you live on a different planet first of all. that's that. we watch what is going on in washington and thinking are they get

i mean this was hong kong fell on christmas day. >> sean: the world was really at risk in world war iiy was on the move. you know, we had now we are fighting the japanese. we are now involved in world war ii. it was pretty perilous and in the bombing of britain, why don't you describe the courage that churchill showed his fellow countrymen? >> it was remarkable in that he shouldn't have gone out nights with his continue hats around cigar to go to the scenes of the bombings but did he and that is what he had to do. if he stayed underground in his bunker as hitler did when the bombs came he wouldn't have inspired any one and ironically they had evacuated dunkirk and they were losing the war and being slaughtered 15 or 18,000 londoners died before christmas that year. and he was out there many nights. >> sean: and he was a character. he liked to drink. he liked to smoke his cigars. >> smoked a lot o of cigars every day and drank a lot every day from morning to night with remarkable constitution and even eleanor roosevelt later said i don't know how he did it except he tired my husband out

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canada, germany, hong kong did better.oks like improvement over last year's 24th place finish, it has changed methodology this year so year to year comparisons don't work. fighting corruption has not been a top priority in this country although the financial crisis is focused more attention on the issue that accounts for improvement. a couple of oil rich countries that we profiled earlier this year are among the most corrupt in the world. ranks 139th out of 176 countries and the tiny west african nation whose forestry manager finishes 163rd. you can find out more about them in an encore showing of our documentary filthy rich tomorrow night at 8:00 p.m. eastern on cnbc and more about this year's rankings of corrupt countries at cnbc.com. >> interesting, scott. especially when you look at some of these companies that are now embroiled with foreign practices act. if you were going to do business around the world, it's either play by some different rules or don't play at all. >> there is the global crackdown on that. you can s

in hong kong, financials lent support to the hang seng, closing around a 15-month high.ewhere, the nikkei ended lower by just a tad as exporters weakness. short sales rallied almost 7% after getting an additional $240 million loan. meanwhile, south korean shares were boosted by ship exporters. in australia, miners and bankers led support to the asx ending higher largely by 4%. back to you. >> all right. thanks for that. catch you a little later. >>> now, berlusconi and bersani are already exchanging blows after what's considered to be a controversial moment in italy. berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisis. carolin is joining us now from rome. do we expect more of this rhetoric today? >> oh, definitely. not just today, but specifically over two months. elections will only be held probably on february 24th. we've got about two months of the silly campaigning season to follow. so yes, as you said, the verbal exchange is definitely heating up. it started wi

hong kong, aia shares resumed trading today. this is not -- the losses for aii were not too heavy, but the hang seng ending with losses. over in australia, the s&p asx 200 gained some ground, abo about .5%. it was the big miners that gained today. and this brings the aussie market to a 17-month high. we have some minutes out from the research bank of australia. we will see monetarying easing in the form of interest rate cuts last year. it's defying expectations because we are seeing some gains of about .6%. this is despite the rbi, the research bank of india putting rates on hold. as well as the cash research ratio, which many were predicting they would cut. kelly, back to you. >>> okay. as the trading year draw toes a close, we're turning our attention to 2013. there are a number of themes to focus on, pressure on the price of oil, indisexposeble incomes and henry joins us now. 2013, what does pressure on the price of oil mean? >> downward, i think. i think what we see is some significant nonopec finds. we see falling u.s. dema

host: hong kong, singapore? guest: oh, yes. host: how about africa? guest: they had a relationship with egypt. i thought going into this that they sort of controlled egypt. but the treaty allowed them to go in and administer the country or safeguard the suez canal and they did that. they had in south africa jan smuts and the republic of south africa. they had some somali land, some territories there that the italians just plucked from them. they were completely unprepared everywhere for war. and i think the british army plus the australian army of five or six divisions, new zealand and the canadians, all of them put together, even if they could all get it england were outnumbered by lhitler's army or eight to one. but they were not in england ready to go back to france. the canadians paid in hong kong and australian and british in singapore. so after dunkirk here was a country like a boxer is down on one knee and the ref is about to call in a day. host: when did the blitz of london occur? . this is actually part of the battle of britain. the air battl

i would go, first one that i have is the hong kong dollar. i think that peg breaks this year. are expanding money supply. their money supply is tied to the federal reserve. we know the federal reserve is going to print as many dollars as we need. i think you can buy hong kong dollar or ewh is a great way to play it. >> this is the ackman trade, correct? >> i think it happens this year in 2013. >> okay. >> second one on that is gold. i think it goes above $2,000 an ounce. excess reserves come out of the federal reserve, into the economy. you start to get a pickup in inflation and that's going to drive gold higher, above $2,000 an ounce. finally, i think the euro goes above $1.50. remember, you have germany in there and a break. they will not print as many -- >> only a year. one year. >> guesses for one year. >> things can happen simultaneously, grasso. >> hold me back. >> what's going on? >> guy? >> let the other guys in. don't hong the ball. >> guy? >> oh, hi. >> hi. >> love that. great job by our crack crew with that great. >> silver. i think silver goes north of 40 you c buc

in the south, warmer than average in hong kong with a high of 24. moving into america, wet and windy conditions common for the west, a series of lows moving into the western pacific and heavy mountain snow. blizzard warnings are posted for parts of washington and oregon. snow about 50 centimetres and gusts of 80 kilometres power on the cars. things are getting very active. here things remaining wet and windy on your monday. out east thundershowers for the southern parts of the plains up into the east and northeast. icy participation for southern quebec and parts of the new england states, and there will be a risk of severe weather happening in southeastern texas and central parts of the gulf state. there will be a risk of thunderstorms, gusty winds and even tornadoes into tonight. severe weather will be shifting toward the east as we're heading toward your monday. despite rainy weather, temperatures way above average. 14 degrees in washington, d.c. that's about 60 degrees higher than seasonal. finally let's go over to the european continent. lots of

. >> 12 pairs of brides and grooms tied the knot at one ceremony in hong kong.for the chinese, the number 12 has another special meaning. it symbolizes unity. 12/12/12 is a pretty easy date to remember, so there is no excuse to forget your anniversary. you are already married. >> i married on friday the 13th. >> also not an easy anniversary to forget. >> see you soon. captioned by the national captioning institute --www.ncicap.org--

] how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry 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. >>> how about one last look at the accuweather day forecast. thursday will be active at night. we're going to have rain coming through. it will change to snow in the mountains. winter storm watches flying this. bring on the cold stuff for the end of the week and into christmas. >> thank you sue and thank you for joining us. now you have the news edge. we'll see you back here tomorrow night. have a good evening, everyone.   

certainly not by the snow around freezing point in seoul and bejing, minus 17 in ul lambator. 20 in hong kong. to the americas, you are just getting a smashing of snow over the northern rockies, not too much going on through central and northern portions of the continent. a frontal system moves further toward the atlantic. let's show you what happened when the front moved through. video of the wisconsin. as it moved across the dakotas and great lakes region, plows out in full force in wisconsin. traffic obviously crawling there due to slick roads, but skiers and snowboarders took to the slopes for the first time this year after the winter storm dumped plenty of fresh powder. not everyone was enjoying the snow, however, and there were more than 20 car crashes reported across minnesota. as a result of the early season storm. most of them stuck in ditches or in snow banks. now, after that cold front passes, temperatures are really going to be falling across much of the east. let's show you some of the figures. in chicago, you are down to 2 degrees for your high. 4 degrees in oklahoma city. 11 in

by 8th grade they're trailing russia, hong kong and sork in math and science. >> sandhya patel just had. now, something is changing. >> yes. obviously. >> if i didn't, i'd be in trouble, right?ykéç this is fascinating. >> let's talk about the weather. you're going to need umbrella and jacket. winter like storms coming to bay area. in clouds from high definition camera these clouds are a sign of changes on the way. this storm is bringing light rainfalling. and it's on the way to the bay area. it will be tracking this moisture for you. the moisture is just about 60 miles from santa rosa. we should be see being rave. temperatures into 50s. five to 15 degrees cooler. u bigger changes coming. rain arrives this evening. scattered showers tomorrow, frosty mornings and freezing cold conditions coming up into friday. here is the storm. it's a cold one coming out of the gulf of alaska. colder air behind it. notice it's limited in moisture. so we're not expecting a lot of rain. so tonight at 7:00 p.m. we'll see rain in yu kaia. p front. behind the front we'll see rainfall turning to showers. scatt

hong kong finance issued half a fraction higher. tokyo's nikkei was closed.bled on wall street and talks staaled on the fiscal cliff. the dow dropped nearly 121 points on friday while the nasdaq fell 29. >>> as the americans hit the road for holiday travel, they'll be paying less at the gas pump. according to aaa, the national average is about 3.25 cents for regular. that's town 16 cents from a month ago. >>> "the hobbit:an unexpected journey." took in $27 million. duarte? >> thank you, erica ferrari, here in new york. >>> in sports the seahawks put a damper on the 49ers' plan of winning the midwest. they have a field goal block. it's scooped up by the seahawks richard sherman who brings it back for a touchdown. blows out san fran, 42-13. >>> and the baltimore ravens are the champions of the afc north. the ravens get on the board first with a touchdown grab by torey. win. ass the giants for a 33-14 when we return, the holiday hit a high note. audiences around the world take part at an annual sing-a-long. ♪ oh, it's great! now i can brew my coffee just the way

in china shanghai composite ended up 0.1%, while hong kong's hang seng slipped just about 0.1%. in india, the sensex closed up about 0.7%. >>> the dollar is little changed against the yen. traders are awaiting the outcome of the boj's two-day policy meeting start wednesday. dollar/yen changing hands at 83.87. euro/yen 110.50. they say a meeting between ldp and boj governor appears limit. >>> foreign direct investment in china fell in november for the sixth straight month due to global uncertainties. a chinese commerce ministry spokesperson said on tuesday that overseas companies invested $8.3 billion in building factories and other projects last month. that's down 5.4% from a year ago. foreign district investment for the first 11 months of this year was $100 billion. that's a decrease of 3.6% from the same period last year. rising labor costs in china and a slowdown in global economic growth triggered by europe's debt crisis is seen as the reason behind the decline. japanese direct investment in china rose 16% in november compared to a year earlier. that's a recovery from octobe

apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10% after the egg producer reported a drop in prices and higher feed costs. shares were down more than $4 to $40. oliffs natural resourd tkeac n some decent gains on the back of some positive manufacturing data from china. cliff's tacked on nearly $3 , or 8.5%. and in the commodities corner, oil and gold both posted some gains on exnsctaatiof o f scal cliff deal in washington. oil climbed a little more than a dollar to $91 o0, il but p pces still logged their first annual loss in four years. , fo1220crude-oil prices fell more than 7%12 gold climbed nearly $20 to just above n 6. ae.75ounc for the whole year, gold finished higher by 7%. and finally four out