japan would face anyway japan needs to talk. japan is expected to help economic development aid and the japanese ordinary people's reaction is where is our , abduction issue? and president abe himself makes this is an issue. it is safe to say we are for the open china to talk about. clearly, if things are going ahead, ready to talk to such kind of things. but the abduction issue must become first. abe keepsister telling president trump, and president trump clearly understands. he has very amazingly brought such an issue with talks with kim jong-un. i think that is the case so far. what's goingknow on between the u.s. and north korea. so it is a safe hedge for abe. to have open talks. abe is using a secret like prime minister koizumi? i don't think so. >> it did seem like there was more talk of an abe-kim summit earlier when kim was sort of the diplomatic debutante of the year and everyone want to get on board of the train of, train of if everyone else is meeting with him i'd better otherwise looks like japan is getting left out.

japan would face anyway japan needs to talk. japan is expected to help economic development aid and the japanese ordinary people's reactions is where is our abduction issue? and president abe himself makes this an issue. it is safe to say we are for the open china to talk about. that clearly, if things are talk toead, ready to such kind of things. but the abduction issue must become first. minister abe keeps telling president trump, and president trump clearly understands. he is a very amazingly -- brought such an issue when he talks with kim jong-un. that is the case so far. we never know what's going on between the u.s. and north korea. it is a safe edge for abe. abe is using a secret like prime minister koizumi? i don't think so. >> it did seem like there was more talk of an abe-kim summit when tim was the debutante of the year and everyone want to get on the train of is everyone else's meeting with him, i'd better otherwise looks like japan is left out area the north korea was very dismissive of the object issue and said it'

but japan. hopefully a trade talk may create ground, more common ground promoting international world. i really hope. >> thank you very much. we have hurt interesting insights regarding japan. it seems to me in our topic is japan and america's neglected ally, the heart of the matter and the part where i would be most able to speak would be the american size of that equation than in the general nature of problem that we are confronting in u.s./japan relations. i think it is important to probe lose sight of -- that we are in by looking .n detail at the trees 1952,rld dollars made in in september of 1951 the u.s. and japan were alone in this -- the pacific. china was under embargo. korea was in the midst of the war. southeast asia was colonized. we were alone in the issue is bilateral. the issue today of u.s./japan relations seems to me and this some in singapore is that u.s. and japan are not alone in the pacific. the structural competition within the pacific as well as across the continent of asi

-japan trade talks. former u.s. ambassador to japan it joins us.>> a look at some of the stories trending across the bloomberg. spacex stock plans and elon musk's plans for taking tesla private. also, bloggers use a cartoon to mock president xi. haidi: we're going to talk more about trade. japan's economy minister had a frank exchange in washington. let's bring in a former u.s. ambassador to japan. what is the likelihood we will get some success out of this round of talks? gdp is expected to be a bit of a sore point? >> it will be a difficult negotiation. we have countries going in the opposite directions. i think this will be a difficult set of negotiations. were very upset with the united states pulling out of the tpp. efforts they made to keep us together were very strong. australia and japan should get the credit. do you think there is the likelihood that the united given may rejoin the tpp, that it is one of the most powerful ways of countering beijing? >> it made sense. obamahe bush and administrations were big advocates of japan joining. whe

they seem to be shrugging off that solid japan growth data. 0ver shrugging off that solid japan growthdata. over the us overnight, the dow jones industrial average dropped slightly, also on the back of those trade concerns. that is it from me for this edition of asia business report. x for watching, join us again. —— thanks. 0rken to bbc news. the headlines: —— welcome. an airstrike has hit a school bus in rebel—controlled northern yemen, killing and wounding dozens of children. the number of people killed in last week's earthquake on the indonesian island of lombok, has risen to more than 250 a county council facing a funding shortfall of around £70 million has approved a plan for huge cuts to jobs and services. the conservative—run northamptonshire county council backed the proposals at a crisis meeting. campaigners against the cuts say they'll hit services for children and vulnerable adults. alison holt reports. it's people like roxanne who relies on 24—hour a day care, paid for by northamptonshire county council, and families like the bakers who will feel the pain of the action pla

governor of japan's hiroshima prefatory. seventy three years off to the world the devastating effects of nuclear weapons the global nuclear arsenal is growing with warheads ready to civilization off the planet comes humanity afford to rely on steel mutually assured destruction to keep peace is the drive to get rid of nuclear weapons realistic and all the listings of hiroshima remembered well you know today. burning exactly are really great to have you on our program welcome to thank you very much so. lots of relevant issues to discuss with you. so far your country is the only country that has suffered from the use of the nuclear weapons so it is understandable why japanese people are so adamant on abolishing nuclear arms. but you say that those advocating nuclear disarmament are realistic. you really think so i mean how realistic because nuclear states including your biggest partner united states opposed that well i say. realistic because. or argument or. you know the goal for abolishment of nuclear weapons is based on the r

so anti nuclear complain in japan of which you are part of of course is sort of a way to whitewash japan's role in world war two and not fair because you can't discuss the bombing without the reasons behind the bombing do you do you see a situation where your prime minister would actually visit nineteen like american president hiroshima yeah it may be possible. you know. and of course depends environment and context if dot is. in the core of the context. think you'd be difficult for a prime minister to go but the party's out of context you know it may be he may be able to go. all right thank you very much for this interview you wish you all the best of a lot and have a nice rest of the same question thank you you thank . the easy. to move. willing to do not enough they would see. it as a way of all's from some of you. i came back to the communities and people we obvious found in on the road look out for me oh look out is all bible gone towards him. like. say. she's going. to save money doesn't that give us all that. don't. know we're going to this. love doesn't cut doesn't it also toppi me

would like to see japan to be a u.s. nuclear nuclear deterrence not the deterrence as a whole but nuclear deterrence. will give a better position in terms of promoting nuclear. nation or nuclear disarmament. and. for example if you look carefully we recently received a report paper from you need year. research institute. if you go back to the first question. if we look carefully. at the. situation. nuclear deterrence against north korea is not necessary. you know. that every minute. you know that american nuclear terrorists in a way is a guarantee that no one attacks japan is well now well known though not necessarily because you know for example north korea. their motivation is to. know to be invaded not to be. attacked to destroy the regime. is that you keep interrupting you but you know i'll forget to ask you this say you did it feels like you don't think the north korea is actually capable of attacking a neighbor one day on and they are they are capable of attacking a neighbor but whether they will do is a different

-japan trade talks. of gains ahead of that, not budging too much after core machine orders for june posted a second monthly drop down 8.8% for the month. we are seeing early moves in the kiwi dollar. pushing out the forecast for a rate hike to next year and the kiwi has fallen to a five-week low in oil -- and oil under pressure. this is china hits the u.s. fuel exports with on 5% tariffs that are to begin august 23 so crude oil remains exempt for now when it comes to the tariffs from china. when it comes to stocks to watch, keeping an eye on our [indiscernible] this would be one of the financial firms' largest deals ever and samsung ahead of the unveiling of its galaxy note nine after announcing plans to 161 billion-- dollars. a move that could create 700,000 new jobs in korea and samsung may hire 40,000 more people. checking in on crown after its earnings up 3.6%, the company says it plans to spend 1.8 ball ssie dollarson au and it is playing -- planning a buyback. kathleen: a lot going on. let's get mo

matsuoka, delegate of japan.it is a matter of common knowledge that japan's policy is fundamentally inspired by a genuine desire to guarantee peace in the far east and to contribute to the maintenance of peace throughout the world. japan however finds it impossible to accept the report adopted by the assembly. narrator: in answer the japanese delegates, knowing there were no guns behind this condemnation, smiled, took up their briefcases, and marched out of the league. northern manchuria was dead. collective security was dead. the green light had been given to the aggressors. we and the rest of the world knew that these aggressors should be stopped and punished, but we were unwilling to make the necessary sacrifices to back up that opinion. it was impossible to convince a farm boy in iowa, or a driver of a london bus, or a waiter in a paris cafe, that he should go to war because of a mud hut in manchuria. yet the subsequent course of history makes it clear that that incident, so many miles away, is one of the mai

from japan will be a success.apan will try and give something that is of little value to itself but at least has some cosmetic value to the us. but where america really wants to get is some protection over its car industry. what would japan sea is a successful outcome? like i said, getting something that appears to be a victory for the us but something that has very little economic and financial impact on the japanese economy. of course, the background to these talks is that the us and japan were at one stage going to be pa rt japan were at one stage going to be part of the transpacific partnership, this big trade bloc that they were talking about setting up that they were talking about setting up and then donald trump pulled america out of it. there is the potential for the backdrop to these talks to be rather frosty perhaps. possibly but the us and japan are allies in many areas, notjust trade. there's a security, financial services, global politics and so on. a p pa re ntly services, global politics and so on.

it has become the biggest producer in japan.nd the best mochi pounders. how do you become a good mochi pounder like you? here we go. that's mash it. 0thers hokkaido rate in terms of its mochi? —— how does hokkaido. now then, this is where he risks the use of his hands for the rest of his life. one... use of his hands for the rest of his life. one. .. all use of his hands for the rest of his life. one... all right, agape. 0ne! it takes 100 strikes of the mochi jamaica just right. and this is not just about speed. —— to make itjust right. i don't want to outshine my hosts. the proof, as they say, is in the pudding, or the tasting, so let us see the pudding, or the tasting, so let us see what the judges have his say. —— have to say. that was not in the script. i reckoned that was a fix. and after all that exertion, it's time for a well earned rest. i'm heading south, where my trip comes to an end in hokkaido's man city of sapporo. it is a fitting place to finish the trip around hokkaido, because here in sapporo, they are hosting a

japan's honor had been violated. hour, the japanese railroad garrison launched an attack on the chinese army the slaughter was up -- the chinese army. was appalling. by midnight, the conveniently- placed japanese army rolled across the korea border, and the first act of aggression, the invasion of manchuria, was on. in four days they occupied the ande of southern manchuria, shortly after the whole country. a puppet statee with an obedient stooge on the throne, a weakling the japanese had prepared for the job with seven years of women and song. washington, henry dickson, then secretary of straight and sent aretary of war, committee of five to manchuria to investigate. the committee2, issued its report. the japanese occupation of this large part of china not justified on the grounds of self-defense. it is a new state which has been i japanese protectorate rather than a genuine case of manchuria and self-determination. narrator: the leak condemned japan as an aggressive nation. [foreign language spoken] noise] japan's p

/japan strategic energy partnership. that's intend intended promote access to affordable, reliable energy across the region. we're also working to create some new business opportunities and develop advanced energy technologies. in february we launched a u.s./australia strategic energy be partnership to pursue similar goals in that region. so anyway, been busy and lots of partnerships and going around the world. i was also pleased to note that today u.s. trade and development agency announced an agreement with japan's ministry of economy, trade and industry to support lng infrastructure development in the indo-pacific region. that includes a reverse trade mission for public/private sector leaders of japan to visit the united states and to meet with u.s. suppliers of lng and related equipment, services. finally, on october the 1st-3rd mark peters -- he's the head of the idaho national lab -- he'll be chairing the pacific basin nuclear conference in san francisco. this is an excellent opportunity to discuss the development

this is japan's most northerly main island of hokkaido.or decades, travellers have been drawn here by its stark contrast to the rest of the country. it's anotherjapan, one that is wild, challenging and remote... it's an incredible experience! ..with distinctive communities. i've come to meet them, and to find out more about the country's northern frontier. so, if you look out to where i'm heading, that is japan's most northerly point. but on the other side, just a0 kilometres from the japanese coastline, is the great landmass russia. now, that is important, because it was russia expanding eastwards that led to japan, 150 years ago next year, to annex that island and give it the name hokkaido. the island isn't small. it is around one fifth of japan's total land mass, but nearly a century and a half after the move to fully populate hokkaido, still only around 4% of japan's people live here. hello, hokkaido. but, because of this relatively recent migration, the island that was developed by those first japanese settlers took on its own distinc

thes discuss this with japan equity strategist from goldman sachs japan. pretty good numbers.were expecting a bounce back, but a strong bounce back here. >> absolutely. it is quite surprising to see x, but private consumption leading the recovery. it underscores what is happening here. it is not an export driven economy. it is a domestic demand driven one, hence the linkage between the stock market and the currency have been declining for this reason. very consistent with our view for some time. does it go on? can we see more. ,he boj has the potential for growth potential of 9.1%? >> correct. there are a lot of headwinds out there. we have had terrible weather, flooding, storm damage, which is not accounted for yet in the data. global concerns from trade tensions, still unclear with automobile tariffs from the united states, and concerns ongoing about chinese growth going forward. those concerns mentioned, china and trade, we are taking a benign view as a house and expect some headwinds globally impacting the japanese stock market to subside into the fall and winter to allow

as well as in japan.g despite seeing the high school he profit since 2009, which was supported by higher sale prices nikkei news saying that sharp seeks overseas contribution to profit 80% with growing demand from china as well as southeast asia. and a look at mid to be see -- mitsubishi financials, little changed. this was thanks to gains on sales in stock holdings, which offset a trading slap. the details -- trading slump. the details are looking up. the big picture here ultimately, japan's big banks are looking on track to hit their annual topicals, even before the small helping hand they got from the boj, that may ease the burden. ramy: extending the range, to see how flexible they are. thank you very much. the boj decision to alter the yield curve was called a minor tweak by economists and strategists. but it is more than that from bond traders and investors. on aeen hays has more run-of-the-mill bond buying operation that has become top of the must watchlist. talk to us about the significance. kathl

the images are stunning out of japan. >> an epic earthquake hit northern japan, 9.0, near the top endrichter scale. then a huge tsunami crashing up the coast. it was like watching a disaster movie, this one horribly real. and john and terry's son zach was now right in the middle of it. >> what did you think? >> unreal. this can't be happening. are you sure it's where zach is? are you sure it's in the same region? we were looking at maps, and everything was pointing to, yeah, it's exactly where zach is. >> we just prayed. >> enormous waves you see here were hitting noda and kuji, the towns where zach and georgia were teaching. the frantic calls began, to no avail. >> what happened when you tried his phone? >> it would say all circuits are busy and you'd get a busy signal. >> then the minutes went by. >> uh-huh. >> then an hour and two hours. what did that feel like? >> hell. >> as a parent, you never think, oh, my child has been killed. you don't think that. you just wait. you just wait and pray for the best. >> remember, zach had wanted to come home months earlier, but terry and john

the there are about fifty mosques in japan. and there are some one hundred most on love or communal prayer rooms like this one in the tokyo suburb of cite. it was built more than fifteen years ago by bangladeshi muslim workers many of whom made japan their home. the young man here on the left is the only ethnic japanese member of their congregation. his name is kusa he's twenty six years old and lives about two hours outside of tokyo. who is the only child in his family and lives with his parents. and lot of money homeliness and they took an issue killed thanks to you and then when i. should go out i set about the question that i set up so you know from your bullshit look at this up like they're watching us and that they must join us on the journey and i've got. like most japanese who was brought up in the spiritual traditions of shinto and buddhism. shinto is the indigenous religion of japan and throughout history it has provided the backbone of japanese culture. the shinto faith reveres nature there are no sacred icons or boo

two years later, we married and left japan for the united states.n the day our plane landed in cleveland, walter's hometown, i was nervous and worried about meeting his family. walter's mother was friendly. but i wondered if she was wishing that walter had married an american girl. the others were nice to me, too. then, i had my first look at cleveland, ohio, the city which was to be my new home. his mother had been living alone since walter's father died. and we are going to stay with her until we can get a home of our own. as i looked around me, i was frightened. in this house, i would have to face a new life, very different than the one we had known in japan. ♪ the next evening, walter invited his family to come to the house and to see the pictures he had taken in the japan. i was still uneasy because i was not sure if these if these people liked me. something unpleasant happened to me. that night. walter's cousin wanted me to introduce myself. english was hard for me then, especially on the telephone. what i expected happened -- i could not unde

japaner you say mr.t matter where you are, everyone knows who you mean and why are we fortunate to be here to talk to him today in the wake of the bank of japan meeting that has made what everyone initially said, a tweak to policy. if you are a bond trader, it seems it has been anything but. think you for having us back. eisuke: you are quite welcome. kathleen: 20 of a cover this move by the boj to double the trading range for the 10 year jgb? its benchmark, which they were keeping around zero to its high as 0.2%? indicates a shift from the boj policy. they said they are going to continue using monetary policies. the market expects that sometime , within the next year years, they may tighten the monetary policy. it is a further departure from the past policies. they have indicated that come in city waited that. kathleen: insinuated in their words in the policy statement, in the governor's words? eisuke: no, not necessarily. but by allowing the interest rate to go up. they are indicating that it yet. -- t

and remember both germany and japan were tried. tribunals yes then the japanese military leaders i think six or seven of them or hung. on what happened in your room book judgement so loses. the tried but the victors no matter what they have done not to be tried it's a very unfair world or. understood that even as a child now the manner is all for hiroshima and nagasaki have been kept alive thanks to people like you and government remember those lessons as well there has not been a central combat use of a nuclear bomb sends forty five now to me it seems that humanity has learned its lesson has seen enough to not ever use nukes again do you have less face in humanity than i do let's think yes no i do i do have faith in the yes they're going to find i mean if they don't have it now they will certainly have faith in humanity this humanity must continue to live and this civilization must be preserved i think it's ridiculous some goofy people threatening each other and threatened by saying their bombs are bigger than others and we have m

we are joined by the wisdom tree head of japan.e is expecting to talk about the decoupling of the boj. we are expecting a bit of a rebound in the second quarter. but largely is that going to be on the impact of oil prices and the currency effect of the yen? cathleen: carl told us he didn't think the bank of japan did much with that yield curve tweet. tom schafferour, will come to talk about these important trade war talks thursday and friday in the u.s.. japan and u.s. bilateral agreement. he was the ambassador to australia. he helped negotiate the u.s.-australia free trade agreement years ago. tohas done a lot of work increase trade between the two nations. he has been there and done that. we will get his sense of where we are and where we are going next. haidi: an increasingly number of the people we talked to say that there will be more pain ahead. a lot of them are throwing up their hands saying, this is a trade war that is here to stay. kathleen: all right. that is all ahead on daybreak asia. haidi: this is bloomberg. ♪ haidi:

and japan right now. because as i said earlier that we're doing broadly not just only debt financing, but also equity investment. therefore, actually -- [inaudible] to be engaged from the project from scratch. united states. opportunity for the u.s. business into the projects we are sharing very quickly those integration of the project with opic. therefore, that's very much productive engagement between the two cups. and we understand that's -- between the two countries. and we understand that some policy priority of the u.s. government as this morning secretary pompeo referred to the -- [inaudible] which is a totally consistent with policy initiative. so that they've got more a chance -- because we are importer. we're not -- so our role is to facilitate the more potential export of the u.s. gas to eventually contribute to the better and flexible market in the world. indo-pacific. >> fantastic. >> yeah. i think the right way to phrase and answer this question is on a country-by-country basis because each

all of this coming against the backdrop of japan's economic growth figures. positive numbers, japan bouncing back to growth following its first contraction in two years, according to official figures this friday. but nevertheless, the fears of the us trade war have consistently clouded the outlook for japan. just trade war have consistently clouded the outlook forjapan. just give you the outlook forjapan. just give you the figures of how the economy grew by 0.5% quarter on quarter in the april tojune by 0.5% quarter on quarter in the april to june period compared by 0.5% quarter on quarter in the april tojune period compared with a decline in first quarter, but of course, this doesn't take into account the prospect of future tariffs, something that economists are pointing to as the months go by in this year, with regards to whether or not tariffs will have an impact on growth going forward. thank you very much. competition in the global smartphone market has been fierce, particularly as global sales have stalled. the latest effort to try and convince customer

and japan when it comes to household debt? current rate, it will not take long. again, the issue with china is more complex. tier one and tier two cities, the affordability of prices would differ materially from a tier three or tier four city. there are more complex issues with regard to china. yvonne: we will leave it there, grace wu joining us from fitch ratings on what to expect out of the china bank earnings. our interactive function, tv , you can watch us live and catch up on past interviews as well as dial into any of the securities or functions we talk to. all of the right side of your screen. keep it open for your day at work. you can send me an kathleen messages during the show. this is for bloomberg subscribers only. check it out at tv . this is bloomberg. ♪ kathleen: this is "daybreak: asia." i am kathleen hays in new york yvonne: i'm yvonne man in hong kong. let's get a quick check of the latest business flash headlines. toyota is expanding its alliance with uber the .5 million dollars of new investment in

japan tri talks those talks made little headway this week japan is open to win concessions on threatened u.s. auto tariffs which could be detrimental to the industry if they come about. it looks like japan's economy has bounced back after a worrying dip in the first quarter of this year consumers are more confident and are spending more in an atmosphere of strong job growth providing a boost to gross domestic product from my pool to. g.d.p. showed a half percent expansion that was significantly better than had been expected the external environment however could be troublesome for japan's economy. boycie our g.d.p. can be widely influenced by various external environments such as trade hostilities between the united states and china there are unstable and unsure factors so i cannot say for sure it will continue to grow. for good deals. you know the. us president donald trump is pushing tokyo to sign a bilateral free trade agreement and threaten to impose higher tariffs on auto imports including those from japan that would hit the export sector of the world's first largest economy. and. t

we have a huge presence bviously in japan. from the navy region of japan's website. most of their base is with the japanese. that is a critical area for the united states to be part of. what i want to do real quickly is i'm going to give you the quickest rendition of the history of the pacific that you probably will have ever heard. -- of all the history which is quite interesting. i'm going to give you a snippet in a couple of minutes. you have to realize the first 13, the navy is to be 1875. the pacific fleet dependent come into existence until 1907. 1821 the first quad ron was established for the purpose of protecting commercial shipping which really is the -- to protect the rule of law for trade. 1854 was the first diplomatic and trade relations with japan. and then the pacific fleet -- was conducting anti-piracy operations in the gulf of california. very much rule of law operations. in 1895, we saw an expansion to have pacific squadron to engage if that conflict and then it became an official pacific fleet in 1907 on april 15. on february 1, 1941, the pacific fl

president trump's tariffs have taken a toll on japan.th but less than forecast, while rising oil pushed up the value of imports leaving a trade billion, five1 times worse than analysts were expecting. shipments to the u.s. more than 5% last month from a year ago. tesla is said to have received a regarding.om the fcc elon musk's plans the demand for more information comes as the commission investigates last week's tweet about having secured funding. shares fell more than 2% for a second day, the lowest since musk first wrote the idea of taking tesla private. the sec and tesla both declined to private -- comment. president trump has lost patience with former cia director john brennan, yanking his security clearance and accusing him of erratic conduct and behavior. brennan led the agency under president obama and has been a vociferous critic of the current president. brendan tweeted that trump is trying to suppress freedom of speech and punish critics for speaking out, and that he will not relent. thea insists it can whether escalating trad

between russia and japan. in the sea of japan itself. sovereignty is disputed.there is terrorist activities in the philippines and malaysia. and there is a fear of wmd proliferation. and there are natural disasters increasing in frequency and severity each year. the pacific fleet is often the support.scene outside flooding, earthquakes, tsunamis, typhoons. there is a whole list of maritime security issues. do they even have awareness of what is happening out there? can they maintain stewardship of their resources? majoris a threat of nuclear armed powers. some growing at fast rates. and the lack of transparency. and what are their intentions? and then there is the notion of again, thespaces and capabilities of increasing distance and more lethal systems --what is the intent behind that? to keep people out? lifelines that the global economy and supply chains rely on? the approach to all of these is to deter, conventional and nuclear. homeland deterrence. but we often do that forward. to defend at home is to take it to the away game. and reassure our allies and pa

they did not stay in japan. when she and her husband were in japan after pearl harbor, how did they get out? ms. todd: i am sorry, maybe i miscommunicated. they weren't. they were still working for the honolulu advertiser. they were training to go to japan. they wanted to live and work there. >> a question to your left hand? ms. todd: yes ma'am? >> yes, my husband was in world war ii, as young as you could have been, and after the war he was sent with his unit to china to repatriate japanese prisoners. brought intoomehow the nationalist chinese army. there were three or four of them that went up north, they did not get in time -- get there in time to meet the nationalists. the communists were on the move and he and the others started moving south. he was the only one who lived through it. the others died of dysentery. he never told me -- i never understood why he was there. have you ever heard of that happening? ms. todd: first of all, there are a lot of different -- people are of different minds about chang and

asean plus china and japan and korea.marketplace. >> with the opening of the banking industry within asean, what challenges do you for see? -- tied banks prepared to are thai banks prepared to be impeding at that level? are don't think thai banks taking on big banks in other countries. it is better to interact with our partners in a less costly way rather than just go and commit capital on a long-term basis to buy a banking network in another country. yvonne: coming up next, from foes to friends, relations are decent to improve. we take a look next. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say ahh. introducing the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, relieve pressure and optimize airflow to keep you cool. hello bed of my dreams. order online, we'll build it, box it and ship it to your door for you to enjoy. sleep on it for up to 100 nights and

japan holdings down, japan bank down, japan post insurance down. all of that was in may.ade up the ground they lost in may, so we will see if this changed what we heard from them this morning. let's leave the japanese corporate earnings there and get to the futures. this is what futures look like for europe. we would expect them in the red because the asian session -- equities session has been weak into the morning in europe. same as the futures. futures looking weak. we are weaker across the equity market space. we have seen volatility in currency markets. this time last hour, the dollar was pretty flat that now, we see it substantially stronger. the yen is not really moving, so perhaps money going into both of those. the euro is weaker, the pound, the yuan is weaker, the new zealand dollar, all weaker. the turkish lira, weaker. there are other things going on there, but this is linked. in the this weakness euro and the strength in the dollar is because the markets are making a link between turkish lira weakness and exposure to the european banking sector. let's see how

had being exhausted by that time japan was finished by the time i can verify that we will practically starving at home and the soldiers at the south pacific or any other battlefield they didn't have food they didn't have munitions and we were finished the war ended and the japanese were considering. our end up and there are many historical evidence that the use of nuclear weapons was not necessary and most of historian knowledge that. i rad that you sat somewhere that us occupation forces brought you a sense of relief and liberation from the oppression of japan's militaristic government but i mean those were the people who like you were describing so vividly brought total destruction to your citizens killed hundreds of thousands of people i mean eight peoples from your immediate family died. do not connect the u.s. soldiers with the atom bomb was there any hatred a new two words to americans or you were grateful they have brought the end of the war with them. that poem i would say most of the people in hiroshima who experienced the atomic bombing we were in numbed the condition the al

things were much more one sided than the softball final between japan and taiwan. japan cruise to the gold medal with a seven zero victory you yemen moto finished the game with a three run home run securing their fifth straight gold medal david stokes al-jazeera. well here's a look at the medals table that softball when helped japan get to twenty nine gold medals but their way back from front runners china who are on sixty six indonesia golds aiming for that official target of sixteen or nine coming earlier this friday in men's rowing indonesia are hoping that a charge up the medal table might help prove they could one day hold on the olympics or world cup scott highly reports from jakarta. the people in the country of indonesia are taking these asian games very seriously success at the event on and off the pitch is viewed as a big test do well and bigger things are to come and indonesia has been performing well but they have a high benchmark officials say they want to win it at least sixteen gold medals and make it into the top ten on the overall battle board. it

chief economist and principal at japan macro advisors.come here on "bloomberg daybreak: asia." this is bloomberg. ♪ yvonne: the debate over wireless costs in japan has taken a twist with the telecommunications ministry contradicting the chief cabinet secretary. they said big three carriers have cut bills by 40%. chairs tanked and response raising and billion dollars of market gap. it is not clear how they come up with that. have said to have won approval from the hong kong stock exchange for a planned ipo. we're told the share sale is more than $4 billion -- u.s. dollars. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. when i get in, i literally say ahh. introducing the leesa mattress. a better place to sleep. this bed hugs my body. i'm now a morning person. the leesa mattress is designed to provide strong support, relieve pressure and optimize airflow to keep you cool. hello bed of my dreams. order online, we'll build it, box it and ship it to your door for you to enjoy. sleep on it for up to 100 nigh

it was japan against taiwan in the softball final and it was japan that cruised to the gold medal. moto finished the game with a three run home run which wrapped up the victory seven zero it's their fifth straight gold medal. well here's a look at that medals table japan though still second far back from front runners china war on sixty six gold medals indonesia are on nine golds aiming for that official target of sixteen their night coming earlier this friday in men's rowing. singapore swimming star joseph schooling is going for gold medal number three later he took his second yesterday and there was also a big upset for india in the sport they usually dominate reports. so far the only swimmer capable of beating china and japan at these games for the second day running he took gold for singapore having the fifty metres butterfly to the hundred meters title he won a wednesday. pretty productive. trying to finish. capped off. by winning a medal. i schooling will hope to avoid mistakes like this in the relay china's women thought they'd won silver behind japan and the full by one hun

and remember both germany and japan were tried. tribunals yes then the japanese military leaders i think six or seven of them or hung. on what happened in your room judgement so loses. the tried but the victors no matter what they have done not to be tried it's a very unfair world or. understood that even as of yet now the manner is our hiroshima and nagasaki have been kept alive thanks to people like you and governments remember those lessons as well there has not been a central combat use of a nuclear bomb sends forty five now to me it seems that humanity has learned its lesson has seen enough to not ever use nukes again do you have less face in humanity than i do let's say yes no i do i do have faith in the yes they are going to find me if they don't have it now they will certainly have faith in humanity this humanity must continue to live and this civilization must be preserved i think it's ridiculous some goofy people threatening each other and. written by saying their bombs are bigger than others and we have more of them imag

david thank you so much japan and china have been battling in the pool all week at the asian games but after six days of swimming there was no separating them and when it came to gold medals david stokes has more. coa kira is the center of attention in jakarta and for good reason victory in the fifty metres freestyle gave the eighteen year old her six gold of the week and a medal overall my equaling the games record set in one thousand nine hundred eighty two by the north korean shooter so jim mannheim five it's also been a week to remember the china's triple olympic champion soon yang is fulfilled with a meeting saw him match the record of fourteen asian games medals over the course of his career. all but two gold medals in the pool went to china and japan that two way battle for supremacy went down to the final race and it was china who edged it by just for one hundred of a second. that meant they ended the games with nineteen golds each had been given tito did a year in the competition with china and japan is not over it will last till the twenty twenty lympics we must learn the les

in 1939, china was already at war with japan, japan invaded china, so china is deeply in meshed in this war with japan, so the government of china did not send a delegation to the fair. they did not erect their own building, but the local chinese community actually raised a great deal of money to erect their own chinese village, which was placed on -- also on the midway of the 1939 fair, which was then called the gateway, and they erected a huge chinese village with chinese acrobats, chinese theater, chinese artisans actually producing traditional craft, in that way, the chinese communities was very much a part of that 1939 fair. steve: you teach now in wisconsin but you grew up in san francisco? prof. markwyn: i grew up in santa rosa, just north of san francisco. steve: i want to go back to something earlier you said. the fire of 1906, i know this isn't a direct part of your research, but how devastating was that for the city, and how did the city rebuild that led to the 1915 expo? prof. markwyn: it was devastating for the city. it was unprecedented for the city. they had had earlier f