what about japan?arket, anything property, even previously you cruise the link cusas and options -- yet >> policy rates are hugely important in terms of real estate or it that's what were living with, a lower for longer global environment. at the same time, we have not gotten rid of inflation. no interest rates, no yields, no inflation, people had towards property in general, residential for domestic purposes and commercial generally. japanese negative real interest rates will move things up another notch in japan. angie: negative is a positive when it comes to real estate, at least in japan. thank you for a comprehensive look at the region. coming up, japanese sportswear maker may be losing some energy. find out why it is expecting a slowdown, next. ♪ angie: welcome to the stock exchange. trading underway in asia. how do you say asics? >> americans pronounce it one way, and japan pronounces it another way. angie: let's call the whole thing off. it is a running shoe company that makes other sports wear

. >> translator: japan's economy is steadily recovering. the no-confidence motion is based on the interests of the opposition parties. its aim is a kind of political performance. it further enhances people's mistrust in politics. >> a majority of lawmakers from the ruling coalition voted down the motion. they held meetings to discuss abe's plan. the consumption tax is supposed to rise from 8% to 10% in april 2016, but abe wants to push it back to october 2019. to be effective the change has to be approved by the diet. the ruling parties approved the delay and called on abe to give a thorough explanation on why the delay is needed. the prime minister plans to hold a news conference to explain his decision on wednesday when the current session of the diet comes to a close. >>> the u.s. government is denouncing north korea's latest missile launches. the south korean military announced news of it on tuesday. >> strongly condemning the missile test. >> josh earnest said president barack obama and other g7 leaders last year discussed stepping up

japan is deeply concerned that china sailed a naval ship in a zone connected to japan's senkakus for the first time. the action raises tensions unilaterally. >> reporter: prime minister shinzo abe instructed officials to stay on guard and called for close coordination with the united states. japanese officials say, in light of china's claims, they see the actions by both countries differently. >> translator: china has been unilaterally claiming territorial rights over the senkaku islands, but that hasn't been the case with russia. we have been dealing with these types of actions by china separately from russian ones. >> reporter: he summoned china's ambassador to protest. yonghua said his country wants to avoid raising tensions but in beijing the defense department reiterated china's claims, saying the actions of its ship are legal. it said other countries have no right to complain. the russian embassy in tokyo says its navy was conducting regular training and the incident was unrelated to china. still, japan is investigating whether they are related and is monitoring the situation.

national identity to the nation that they wished japan to become to the image of japan. obama recently visited the epicenter in multiple in terms of the national identity. and the dedication trying to learn from the past to not make war any longer and serve as a symbol for the rest of the world and the principaled pacifism. if this vision of japan that is not dead and again if you go to ordinary japanese and the writings, you find these ideas are quite widespread. there was a right wing nationalism which emphasized and had a more positive view. you use the term revisionist and had a different understanding of what japanese foreign policy should be about. they returned to being a great nation and had a different approach to military and defense issues. you believe that japan needed to be a strong military power both to contain communism and in order to reaffirm itself to recover the sense of agency. both forms of the right and the left wing, they had a historical understanding of a victim. the left said they were suffering as a victimization by the western powers and wage

it's a reality in japan. the government needs to develop government and a fairer distribution of welt. abe says the wealth will trickle down to the people but abenomics is the wrong direction for japan. >> translator: we have delivered results steadily over the past three years, aiming at reviving the economy and ending deflation. tech revenue has increased. it's important to distribute the outcome achieved by the coalition government to these people yet to benefit from abenomics. we cannot hand the administration to the democratic and japanese communityist parties. they are fielding unified candidates with no clear explanation of their responsibilities after the election. >> translator: the four parties are brought together in the common cause of abolishing the security laws and restoring constitutionalism. to put it simply, we need to restore a proper government that adheres to the constitution. this should be the utmost priority, and we should put policy differences aside. we are questioning the abe admini

japan or japan and the u.s. should establish a system as well better than china. if not, beijing may make a miscalculation to use military force. we need to pay attention to the risk. >> reporter: the japananese governnt is showowing it's paying attention by beefing up patrols and monitoring around its southwestern islands. what comes next would depend on military moves in and around the region. seigi ishikawa, nhk world, naha. >>> an exhibition that features artificial intelligence is on in tokyo. some people are welcoming the benefits the technology could bring to humans while others aren't so sure. nhk world's nakamura reports. >> there are coffee shops and restaurants here. which one would you prefer? >> reporter: if developers get their wish, technology like this could soon be a common sight. hundreds of people came to check out this three-day exhibition in tokyo. designers from around the world are showcasing their latest, most innovative artificial intelligence. >> reporter: for example, this company is developing artificial consciousness. the image on the

across the rest of japan, it's wet with the exception of okinawa. the rainy season has ended today in okinawa. that's seven days earlier than normal. many beach-goers are excited about the news. sunny weather will likely prevail next week: temperatures will be warm for this time of year. it's the rainy season and another rainy day friday with a high of 28 degrees. you can see a nice break in the rainy weather during the weekend. across china rain is falling heavily across the southern portions of the country. more rainn is expected. some of the rain will also spread to taiwan as we go into tomorrow. temperatures will be follows. 31 degrees with rainy weather in hong kong on friday. taipei, 33 with rainy weather. shanghai at 31 degrees with beautiful weather. if you're planning to go to disneyland, don't forget to bring water. meanwhile. beijing there is a chance for thunderstorms with a high of 32 degrees. let's go to hawaii. hawaii is known for its beautiful and warm weather, but up in the mountains earlier this week we saw some snowfall. this is o

they are considered a national treasure in japan. they were once a familiar sight in rice paddies but hunting and changing in agriculture changed their existence. the bird was declared extinct 35 years ago. china stepped in to help offering some of its wild ibises. they were bred on the island in the sea of japan and released them into the wild. on wednesday environment ministry officials spotted two which i ca chicks born in the wild leaving their nest. >> translator: the chicks were moving actively. they asked one of their parents to feed them. i think they're growing very well. >> ministry experts say they expect the chicks to be flying in about a week and they say five more are expected to leave their nests soon. it was worth the wait. and that wraps up this edition of nhk "newsline." i'm catherine kobiyashi in tokyo. thanks for joining us. ♪ >> welcome to "in good shape." coming up, how the germ helicobacter pylori takes hold of the stomach. a new way of treating tooth decay. and a look into the potential dangers of anesthesia.

. >>> here in japan it's 7:00 p.m. on a tuesday. welcome to "newsline." officials with japan's government say there are signs that north korea is preparing to launch a ballistic missile and they warn the country's self-defense forces to shoot down any incoming projectiles. in response the sdf set up surface to air missiles and deployed destroyers equipped with a radar system in waters around japan. a similar order was issued last month. north korea test fired what's believed to be a new type of intermediate range missile known as the musudan but the test failed. yoshihide suga discussed the matter at a regular news conference. >> translator: the japanese government must always protect citizens' lives, assets and livelihoods. we have instructed the self-defense forces to take necessary measures. >> suga says japan is working with the u.s. and south korea to demand north korea refrain from any provocative actions. south korea's foreign ministry also commented on the issue. >> translator: if north korea launches another missile it means that pyongyang will i

>>> it's a monday night here in japan. japan's nuclear regulator allows 40-year-old reactors to operate up to 20 more years. >>> rebuilding lives. the governor of quake-hit kumamoto says plans for reconstruction will be announced around the end of next month. >>> and service at your doorstep. new businesses are popping up to cater to china's growing middle class, covering everything from delivering lunch to washing the dog. >>> japan's nuclear regulators are giving two reactors built more than four decades ago a new lease on life. they've decided to extend the reactors' life span. the first such move under stricter rules introduced after the 2011 nuclear accident in fukushima. the decision affects the number one and two reactors at takahama plant in central japan. both are currently offline. but the regulators' decision to keep them operational for up to 20 more years. in april, inspectors determined that the reactors met new rules for fire prevention for electric cables and other measures. two months later, regulators app

>> japan will be left out.apan will stay most expensive country of electricity cost, most unstable country in electricity in asia, which shouldn't be the case. we shouldn't choose that course. >> reporter: son says if japan does not want to be left out it's better to take initiative rather than being a follower. his ambitious work will continue. aki shibuya, nhk world, tokyo. >>> rescue teams have been working against the clock to help stranded whales. they were beached at low tide in east java province. local villagers joined a mass rescue operation on thursday. >> translator: we don't have this type of whale in this area. so our first assumption is that they were stranded because they got tired while swimming with their colony and drifted here. >> some of the whales became trapped in a mangrove swamp. rescuers hurried to help them back out to sea while the tide was high. officials said nine of the whales died but most of them were eventually returned to the deep ocean. >>> people reading books are an -- peopl

the rainy season started in okinawa last month and spread to western japan and central japan and thenoday the rainy season has started. that was a day earlier than average. the islands don't have the rainy season so most of japan is actually under r rainy season righnonow. now, the heavy rainfall will likely move away from thee toky area by tonight so we are looking at sun coming out as we go into tomorrow in tokyo. the region will continue to see rainfall into tuesday. the rain has been falling in okinawa. more rain is expected into your wednesday. as for tokyo,, sunny weather wih a high of 27 d degrees and rain coming back o on thursday. . rain iss going to be quite heav on thursday. across northeastern china you can see rotating clouds causing very severe weather. we have dramatic video coming out of the city. northeast china hit by a severe storm. the hail storm lasted about ten minutes. as a result the city was covered in ice and water. hail accumulated. no casualties have been reported but the risk of hail and thunderstorms will likely continue across northeastern china. acroros

one expert says s japan's vast amount of atms could be easy target for thieves. >> translator: japan is welcoming more foreign tourists. one of the strategies is to allow 24-hour cash withdrawal at convenience stores. japan might be the only country that allows this convenience. ththink t the suspects took advantage of the system. >> reporter: bank officials say they are taking action to prevent more fraud. they've lowered withdrawal limits for cards issued in other countries and are cooperating with police investigations. chhie yamaguchi, nhk world. >>> democratic frontrunner hillary clinton has secured enough delegates to clinch her party's nomination. >> we are on the brink of a historic, historic, unprecedented moment. >> she would be the first female presidential candidate for a major u.s. political party. the "associated press" and other news agencies say clinton has secured 2,383 delegates, the number needed for the nom rac l nomination. she'll likely face donald trump in november's election. condition's democratic rival bernie sanders says he will keep on fighting. his campai

japan shipped a record $7 billion worth of food products last year. >>> ties between taiwan and japan's kumamoto prefecture have become stronger. the mayors of the cities have delivered donations to help the region recover from recent earthquakes. they gave about $1.5 billion to kumamoto governor. the mayors began seeking donations soon after the quake struck in april. >> translator: kumamoto, you can do it. >> chen says she hopes people affected by the quakes can get their lives back to normal. >> translator: i'm filled with gratitude. my prefecture will carefully use donations to help those affected and support recovery efforts. >> kumamoto has an international exchange relationship with him. and the southwestern japanese prefecture donated money there after the city suffered earthquake damage in february. the two mayors will visit affected areas in kumamoto before returning home on sunday. >>> police say they found a woman's body in a mountain forest in akita prefecture northern japan, she's one of four people suspected to have recently been killed by bears in kazuno city. police and

some expats here in japan cast ballots by proxy. went to a british club in tokyo to hear what they have to say. >> this is a place usually gather to watch football. now all eyes on how the vote is going. >> about one hour ago i would have said to leave the eu. but now i think we should remain in the eu, but we need to renegotiate terms. >> i think to remain is the logical thing to do because simply we don't know what will happen if we leave the european union. there's no way to say either way whether it will be better or worse. >> european union has a lot of problems and uk has a lot of problems. the way to work out those problems is to be part of the conversation, to be part of the european union. >> if it's really close, maybe the british government can say, okay, we need to renegotiate our term in the eu. it's what a lot of people are saying. if they leave, of course, it will be a bigger effect. >> the owner expects more customers will come on friday to discuss the result and the future of britain. >> investors are following clos

over japan, mainly a dry forecast. hokkaido has been dealing with unstabable weatherer that's b b bringingng in rain. going through the weekend, we may see more sunshine and rain coming in from the west which will bring a chance for precipitation going into the first part of next week. 32 for the high in tokyo coming up on saturday. looking at warm weather going through the weekend. rain into sunday and monday. hope you have a good day wherever you are. here is your extended outlook. >>> thanks very much for tuning in to nhk "newsline." be sure ♪ molly: welcome to the "france 24 newsroom. i molly hall. here are the headlines. the egyptian team found the second black rocks from egypt -- box from egyptair. what caused the plane to crash into the mediterranean sea? a stunned britain pays tribute slainin pm joe clock -- lawmaker

and japan. bank forecasts global gdp will grow by 2.4% this year, a downward revision of the 2.9% predicted in january. the downgrade comes among a range of challenges, including changing conditions in geopolitical uncertainty. powered by journalists in bureaus around the world, this is bloomberg news. markets, theo the s&p 500 hit a 10 month high. the index is now advanced more than 3% so far this year after the worst start on record. the rise is largely driven by oil, with crude above $50 for the first time since july, and u.s. inventory is likely to have fallen for the third straight week. dollar is declining on the speculation that the fed is not having a rate hike. it weakened to a one-month low. in three first decline sessions, with the prospect of higher rates curbing the appeal of precious metals. a lot of action overnight on wall street, but joining us now is the president of bianco research. s&p at another high, but what does this all really mean? i think this is a relief that the fed

they are sort of going crazy there in japan. rishaad: we do have some breaking news out of japan.es from the chief currency board. juliette: that is right. chief currency strategist baking to reporters in tokyo. they have discussed the fx question with the boj. they are still very concerned about this fx volatility. basically saying that the bank of japan, the ministry of finance, and the fsa discussed holding meetings frequently. they had a good discussion with the boj and are still discussing and watching developments with situation. also saying that volatility is rising and financial markets and more strengthsee coming through in dollar-you next week ahead of the brexit vote. rishaad: we have these bond yields hitting these record lows. , all ofhave brexit these causing concern. more on these in the next hour on "trending business". ♪ >> from our studios in new york city, this is "charlie rose." charlie: we continue this evening with our coverage of the shooting in orlando. the tragedy has highlighted the distinctive challenges posed by lone wolf attacks. it also raises questio

that's because japan has become a major travel destination. one in ten singaporeans visited the country last year. the spa offers quality service and a way to experience japanese culture at home. >> okay. so this is how you stye an obi. >> reporter: with a range of yukata robes and obi belts to wear, singaporeans an relax in a traditional japanese atmosphere. >> i don't have to travel all the way to japan. i can do it here. >> translator: if people know about japanese style service more and more, it will be a great business opportunity. >> reporter: more and more singaporeans have been visiting japan. they're acquiring a taste for all things japanese and that's creating new opportunities here at home. derek cai, nhk world, singapore. >>> do think about the hopes and dreams of your children and grand children. they know their chances to work, to travel, to build a sort of open and successful society they want to live in rests on this out come. >> cameron made the appeal in front of his downing street residence on tuesday as campaigning entered

that they wish japan to become to the image of japan as a peace nation. obama recently visited, if you like, the epicenter in multiple meetings of the term of that national identity, hiroshima the symbol of japanese, of japanese dedication trying to learn from the past, trying to not make war any longer, and to serve as a symbol to the rest of the world of a kind of principal. this vision of japan which is still not dead, by the way. if you talk to ordinary japanese, if you look at japanese writings, you still find these ideas are quite widespread there was a right wing nationalism. nationalism which emphasized, had a much more positive view of japan's imperial past. we use the term revisionist. it had a different understanding of what japanese policy should be about. it should return to being a great nation and it had a different approach to military and defense issues. it believed japan needed to become a strong military power, both to contain com incisimunis. both the right wing and the left ring, both had a historical view of japan as a victim. the le

japan controls the islands, the japanese government maintains the islands are an inherent part of japan's territory. china and taiwan claim them. >> translator: the foreign ministry has conveyed concerns to the chinese embassy in tokyo regarding china's military activities as a whole. >>> it's not the first time a chinese naval vessel was spotted in japan's territorial waters. in 2004 a chinese nuclear-powered submarine entered japanese waters off an island in the country's far south. >>> japan's government says it's working to strengthen national defenses amid nororth korea's increasing attempts to develop its missile program. defense ministry officials told nhk they're planning to upgrade the pac 3 surface to air interceptor system over the next five years. the enhancement will increase the range of the interceptors and improve their ability to hit multiple incoming targets. north korea has staged several missile launches this year. japan's defense shield includes the pac-3 system as well as sm-3 interceptor missiles on the destroyers. >>> officials at a troubled japanese auto maker hav

they have to be ready for new deployment in japan. the japanese government is changing its defense focus because of china. increased tensions in the nearby south china sea are part of the reason. but more close to home, china has been getting a little too close for comfort. chinese naval vessels have recently sailed in japan's territorial waters. the reason for this? the u.s. vessels are the highlight of the exercise. they can move through shallow water. the ground self-defense force is bringing in 52 of them, according to a u.s. marine corps colonel stationed in okinawa. the reasons of the training will depend on what japan wants. >> they gain the seat of knowledge, working and training with the u.s. marines. and then they're going back to their battalions and reg i ments and are training so japan develops its own amphibious capability. whether it looks like the u.s. marine corps is yet to be determined. >> reporter: you can see taiwan over there. the japanese government has been building up defenses in this area. ♪ >> reporter: a ce

for the western portions of japan. other areas around asia also looking at some wet weather for saturday, sunday and monday. hope you have a good day wherever you are. here is your extended outlook. >>> as we approach 28 minutes past the hour, that concludes this hour's nhk "newsline." be sure to watch "newsroom tokyo" at the top of the hour. 8ú welcome to the france 24 newsroom. football gets underway here in protests and security concerns. the deadliest end goal bombing and warns tourists to stay away from turkey. he is with her.

also affecting western japan, kyushu. more rain will raise the potential for flooding and land slides. it's a gorgeous monday. but starting tuesday, it will be wet once again but temperatures cool down to 24 degrees. here's the extended forecast. ♪ ♪ >>> we invite you to logon to úÑx >> live from paris. >> your rendezvous with the world right here. this is france 24, time for 60 minutes live around the world and these are the headlines. european union leaders are calling for britain to make a quick exit from the eu. the french and eu council sat down in paris before heading off for more talks in berlin. spain's prime minister is claiming the right to form a new government after his conservatives won the most seats in parliament. election in six months does n

the officials say japan's economy will grow about 0.5% this year.y seek consumption and investment remaining stagnant. they say the higher yen and falling share prices are preventing a recovery. they warn that without new economic policies, growth will fall to 0.3% next year. and they say the government should raise the consumption tax from the current 8% to 15%. they recommend gradual increases of 0.5 to 1%. the officials say that without bold or structural reforms or consolidation, domestic demand could remain sluggish and welcome the negative interest rate policy introduced by the bank of japan but officials say more time is needed before the economy feels its full effects. and now let's take a look at the markets. investors switched back to a risk on mode in the countdown to the british referendum. major markets in europe saw a jump of 3% or more each then over on wall street, we saw the buying momentum continue. the dow jones industrial average inched up about three-fourths of a percent to end up at 17,804 and the same margin on the tech heavy

to their services in japan. other streaming services, hulu, amazon prime, both in japan as well. isyeah, competition here getting interesting. offers fast, which package delivery, is also attracting subscribers. , now owned by a japanese tv station, is adding a lot of local content, which japanese people who are not interviewing english programs are likely to be watching, so netflix is ,rying to offer more original made-local content to attract japanese viewers. rishaad: great. thank you so much, joining us from tokyo. hour, standard chartered's take on the currency atket, which could be most risk if britain decides to leave the european union. you're watching bloomberg. ♪ is monday, june 20. this is "trending business." ♪ rishaad: we are taking you to tokyo and singapore. asia-pacific stocks on the rise. u.k. willesting the vote to stay in the european union. a tough day with the imminent departure of the rbi governor. exports dropped for an eighth consecutive month. russia considers selling part of its corpora

japan is joining other nations in urging the u.n. security council to condemn north korea over the latest missile tests. >>> whether britons open a door to brexit or not. >>> people in southern japan remembering one of the bloodiest battles of world war ii. 71 years ago today the imperial japanese military ended major operations against u.s. forces in okinawa. a quarter of the population was killed in the battle. more than 4300 people participated in an annual ceremony at the peace memorial park in the city of itoman. u.s. ambassador to japan caroline kennedy was among those who attended. at noon people observed a moment of silence. this sixth grader read a poem about how they are grandfather was wounded in the battle of okinawa and her wish for the future. >> translator: i think the loud cries of the cicadas are not the anguish of the victims of the war, but they are the long lasting cries for peace, flying toward the vast skies to let us know how great and important peace is. >> okinawa governor read a peace declaration. he brought

i love japan, i have friends in japan. >> these are major u.s. allies. >> excuse me, it's got to work two ways. >> okay. >> they never talk about the economics. they never talk about the cost, big factor, big factor. she says donald trump -- i could take that speech and almost all of the lines but certainly more than half, it was written by professional people, and then she read it. you tell me, that's presidential? okay, but she read it. so much falsity in there, so many things are wrong. i could take that speech and i will be doing it, i think i'm going to give a little retort to her speech, maybe i'll do it on monday before the election. and most of the things, many of the things that she said were absolutely wrong. >> i want to get your response to some violence we've seen outside events of yours, violence committed by people opposed to you. >> by thugs. >> what is your message -- >> by thugs. >> what is your message -- >> the people that burned our american flag they're thugs. >> what is your message to these people committing these acts of

. >> the slight upward revision of japan's gdp did little to lift stocks. shares moved without clear direction for much of the day. the energy sector helped support the index while some investors preferred the safe-haven yen amid mixed economic data. the nikkei finished up 0.93% to close at 16,830. the broader topix rose .75%. the energy sector outperformed other sectors of the nikkei rising on higher oil prices. two added 2% each. panasonic rose 3%. elon musk tweeted that tesla is working with panasonic for sales. an e-commerce firm was up after the company said it will close its u.k. and spanish sites by the end of august saying it will focus on the markets in france and germany. market players are also showing risk aversion ahead of the federal reserve and bank of japan policy meetings next week. i am giang nguyen reporting from the tokyo stock exchange. >>> moving on to other markets in the asia-pacific. china's trade data had little impact on the shares in the country. the shanghai composite declined by .75% finishing at 2927. investors avoided taking

military facilities in japan are located in the prefecture. onaga hailed what he called a great victory. he said the outcome showed support for his pledge to stop the planned relocation of u.s. futenma air station. the japanese and u.s. governments want to move the base from a densely populated ginowan city to the coastal district of henoko district of nago also in okinawa. >> translator: i'll do my utmost to never allow a new base at henoko. >> but chief cabinet secretary yoshihide suga says the central government plans to promote the relocation. >> translator: there's no change in the government's position that the relocation to henoko is the only solution. >> suga said the transfer would maintain the deterrence provided by the japan/u.s. alliance and eliminate the danger posed to the residents. >>> the japanese government tax hike delay put those on alert. gene otani has the headlines. >>> investment information has changed the outlook for japanese government debt from stable to negative. this is a first step toward a possible downgrade. th

now, across japan, torrerential rains are affecting many parts of western japan including kumamoto and also kagoshima. in about 24 hours, 280 millimeters s of rain has falle. that's a lot. that's causing damage to crops lilike oranges orr tomatoes in kumamamoto. so w weather has been very bad since the rainy season started. more wet weather is expected as we go into tomorrow. an additional 100 mielllimeters could fall on top of that. it's going to sty well through tomorrow and the same system also affecting central portions of china. heavy rain is causing flooding across central portions of china as well. we have some footage coming out of sichuan province. the incident left many vehicles stranded as debris from a landslide blocked off the main route. the area had been hit by intense rainfall for more than a week. it looks like rain should let up as we go into wednesday. however, more rain is anticipated for sichuan province. now, el nino has brought heavy rainfall. but still 10% of the state is under extreme to exceptional drought. so they definitity need rainfall. now, rain is antici

japan came in ninth, one notch lower than last year. the country received a high mark for its low incidence of violent crime but got a low mark for tense relations with north korea and china. the report says syria is the least peaceful country followed by south sudan, iraq, afghanistan, and somalia. think tank researchers say the score for the middle east and africa declined as regional conflicts intensified, dragging down global peacefulness. last year's report also listed the region as the least peaceful in the world. >>> two soccer players topped a u.s. business magazine's analyst of the world's highest paid athletes of 2016. "forbes" reports that soccer star cristiano ronaldo is the world's highest paid athlete, earning $88 million. lionel messi comes second with $81.4 million. the magazine says ronaldo is only the second team athlete to rank as the top paid since it began tracking results in 1940. michael jordan was the first. golfer tiger woods and boxer floyd mayweather dominated the list. over the last 15 years. woods landed num

abenomics in japan.enoccurs at a there are risks in the global economy, so i imagine the volatility would depend on policy response, the european union response to the shock, and implyr other developments improving conditions or worsening, but volatility will probably last for a while. well, on our website how chinese tourists are going on a shopping spree in london after this vote to leave the european union. bloomberg.com/asia, a cracking read. south asia looking like this at the moment. the upside, those positive cues from wall street helping as well. that's what we have at the moment. looking like we could see a positive start in hong kong. up next line, the much anticipated about to get a boost from brexit? we are discussing that right here, next. ♪ get ready for the rio olympic games by switching to xfinity x1. show me gymnastics. x1 lets you search by sport, watch nbc's highlights and catch every live event on your tv with nbc sports live extra. i'm getting ready. are you? x1 will change the way y

problems in japan.ichard: the litmus test is no wage growth, no inflation. that is common to a lot advanced economies. in japan, i think that their tolerance of that is substantially lower. we do have some stronger oil price dynamics coming through. that should give us some slightly better numbers. -- i hope thenk bank of japan will take a backseat and allow some of the policies to work through the system. there are some good signs. unemployment is not far away from the in 15 or 20 years. angie: that it is not stoking the kind of wage growth anyone wanted to stoke? richard: or anywhere. japan, the u.k., the u.s.. that is the major question. angie: for any economist -- what do you -- you don't think that monetary policy is the answer? you have to think that fiscal policy needs to come through. been clear as not to what to expect in terms of budget stimulus. if we are waiting, and you have a wish list, what do you want to see? richard: the wish list is only structural reform side, trying to free up the ec

japan controls the islands. the number of scrambles against unidentified planes totaled 873 for the fiscal year that ended in march. more than 500 of those were carried out against chinese aircraft. >>> a senior u.s. marine says his country will boost its military presence in the pacific. creating a new unit focused on the western pacific region. lieutenant general john wissler said there'll be 2,000 marines in the new unit. >> whether those marines come from the continental united states, whether they come from hawaii, whether they come from the unit deployment program unit in japan, all the details are being worked out. the idea is to create additional presence particularly in southern asia. >> wissler said in the future a base in okinawa will main in northeast asia. he said it'll likely happen in two or three years. the u.s. has stationed marines in northern australia since 2012 since the pivot to the asia pacific region. the new unit is to put pressure on china. that pressure comes as the u.s. and asian coun

japan crops the islands. the japanese government maintains the island as an inherent part of the territory. china and taiwan claim them. prime minister abe has responded by setting up a liaison office the government also set up a liaison office at the crisis management center in the prime minister's office to gather and share information on the frigate. vice minister for foreign s a supply ship also sailed close wednesday night. the ministry is analyzing whether there's any connection with the chinese and russian vessels' presence in the area. the ministry is analyzing whether there's any connection between the chinese and russian vessel's presence in the area. >>> tokyo's embattled governor is considering taking a self-imposed paycut. the gesture comes after allegations surfaced he used public funds for personal spending. he was cleared this week of any legal wrongdoing by two former prosecutors. on the political side of things, he's still in the hot seat. the tokyo metropolitan assembly wants to question hi

york after request by japan, the united states and south korea. >>> people in japan's southwestern prefecture of okinawa are marking the 71st anniversary of the end of a fierce ground battle in the closing days of world war ii. the island prefecture will hold an annual remembrance ceremony on thursday at peace memorial park. it was the final front in the battle of okinawa. june 23, 1945 is considered to be the last day of combat against u.s. forces in okinawa. the fighting lasted more than three months and left more than 200,000 people dead, one in every four local civilians was killed. during the ceremony, okinawa governor takeshi onaga plans to call for reducing the heavy burden okinawa bears from hosting u.s. bases. around 75% of u.s. military facilities in japan are concentrated in okinawa. as people in okinawa have been suffering from noise created from u.s. military aircrafts and crimes and accidents caused by u.s. service members and civilian base workers. okinawa prefecture and the central government remain divided over a plan to relocate a u.s. air base within the prefecture. onaga a

they couldseems like be working so far, but still early on in the japan session. what can japan do?this unilateral intervention. is that a realistic option? unilateral intervention is an option, but whether it is realistic or it will be affective, there are doubts over that. everybody in the market understands that what is happening in the global market is an international phenomenon, and for the bank of japan to take on the markets alone in the currency market will be extremely difficult. that asjapan realizes well, and so far we have had very little signal that they were contemplating a unilateral intervention and that multilateral action would only be effective. the bank of japan, which held rates steady in the last meeting likely tois month, is ease policy at its next meeting, according to what the market has been predicting. i think that brexit has only increased the odds of that, but whether that will help the currency market is a big question. the yen has been strengthening even as the boj has been easing policy so far this year. what can japan do? it is very limited. i think

japan'sop messaging app will release 35 billion shares, the equivalent of $26 each. it wants to begin trading in new york july 15, and tokyo the next day. despite going public in the turmoil of the brexit vote, they expect strong interest from retail investors. 's sales fell 11%, while analysts expect a 13% gain. were below expectations. reports from seoul say the uber ceo will appear in court today, 18 months after being indicted after a taxi service being called illegal in korea. people stand trial in south subject to strict court and. by the charges he was accused of breaking the rules on transport services after launching uber partnerships with a korean rental car operator. day,ocal news, 24 hours a powered by journalists and hundred 20 countries. -- in 120 countries. >> markets trading in the asia-pacific. the japan officials wrapping up the meeting between abe tyro, as well as kuroda. not doing march to markets in turmeric again, but stock getting a lift hundred 60 points on the nikkei.

thieves targeted atms in convenience stores across japan. they hit more than 1,000 spots in less than three hours and collected about $17 million. police suspect an international crime ring. they say the fake credit cards had information from south african banks and one expert says japan's vast system of convenience store atms could be easy targets for thieves. >> translator: japan is welcoming more foreign tourists. one of the strategies is to allow 24-hour cash withdrawal at convenience stores. japan may be the only country that allows this convenience. i think the suspects took advantage of the system. >> reporter: bank officials say they are taking action to prevent more fraud. they've lowered the withdrawal limits for cards issued in other countries and they are cooperating with the police investigations. chie yam gishi, nhk world, tokyo. >>> the defense ministers of japan and thailand have reaffirmed the importance of peacefully resolving disputes in the south china sea on the basis of international law. gen nakatani and prawit wongsuw

in japan,n, that's referred to a double election. there is already an election scheduled for the upper house, and people were waiting to see if abe would dissolve the lower house and hold a snap election. a double election is seen as working in favor of the ruling coalition. reason being, for opposition parties it takes a lot of cooperation to agree on which candidate should run against the ruling coalition. there is a lot of room for disagreement. the ruling coalition does not have that kind of problem so much because it has usually more people already chosen. a handful of party members who were close to abe recommended that he go ahead with elections for both houses, even though there is a risk of losing the coalition's two-thirds majority in the lower house. on the other hand, some members said it is not good timing because people are still dealing with the after math of the kumamoto earthquake in southern japan. abe, of course, decided to hold off. plus, there is the fact that others seem to be enjoying higher publicbq genie: you