from tokyonow chisato haganuma, mitsubishi, can i -- equity strategist.outlook on market back in japan. for therun there nikkei. what is underlying the major factors underlying your bullish outlook? >> okay. as you mentioned, i think for te nikkei. two points is importance. is end of the decision and other is deal of the earnings. timepeople believe part workers wages in japan is rising. nothing happens for full time workers. sme, small enterprise start to rise. these are labor union acquired good relationships with companies. on inflation. labor. when we have the tight labor market, maybe the company is up salaries.ate their second reason is earnings. years ago, profit hasin japanese company increased. here not only the second reason but also the factor of earnings. as example, industry concentration of winners, is one market.domestic but at the same time, the company -- ahead.go >> yeah. is beneficiaryy of higher incomes of the asian emergingr the countries. they enjoy the-- benefits of the higher income of asian company. verye: you outlined broadly tha

provide rebates to electric car buyers at king mitsubishi in maryland the outlander hybrid electric vehicle qualifies for about seven thousand dollars in government incentives this is actually the first week and a half that we have come in and we've had a huge amount of customers come in obviously they're doing the research they want to know more about it we have had sold a couple so far ready these government sensors absolutely help customers in terms of purchasing these plug in hybrids some analysts suggest that the market for electric vehicles could overtake that of gasoline engines by as early as twenty thirty five while that's great news for cities suffering from air pollution there's a catch electric cars still draw on fossil fuels for their. so if you're generating electricity and most of the electricity is comes from coal and gas then you. so you have to green the electricity mix in order to then have electric cars significantly. greenhouse gas emissions. jacob's hope is that one day he without having to pollute much has to change before he can achieve zero impact driving but he's i

it highlights some of the concerns with the technology but the chairman of nissan and mitsubishi motorsous driving will be here very soon. this is going to happen in the next 5—6 yea rs, is going to happen in the next 5—6 years, gradually. this is something on which we are working very hard. it is development to put this technology into the car. a lot of announcement made by many carmakers. we wa nt announcement made by many carmakers. we want to see who is going to come to mass market this technology. 0bviously today, we are the largest producer of electric cars in the world. we have the intention to be in between the first carmakers to bring autonomous and connective ca rs. bring autonomous and connective cars. the us senate has confirmed joe rowen powell as the next head of the central bank, succeeding janet yellen. —— joe the central bank, succeeding janet yellen. ——joe powell. he will the central bank, succeeding janet yellen. —— joe powell. he will hold thejob forfour years. and before we go, let's have a look at the markets. as you can see, most of them are in negative territory.

david yea drives this 1997 mitsubishi with 250,000 miles on it. you can tell he takes care of it. and that tlc includes new tires, regularly. latest set bought in the middle of 2016. well, david says part of that deal was a $70 rebate from continental tire. fast forward to late 2017 when david wrote me to say he still hadn't received his rebate. so we contacted continental tire. the company says its rebate processing center needed david to resubmit back in 2016, but it never got a response. david says he did try to make contact with multiple calls and voice messages. ultimately continental tire agreed to give david the $70 rebate he had long been waiting for. we agree with the federal trade commission on rebates, you have got to be diligent about them. always keep a running record of the progress beginning on day one, plus keep copies of the paperwork beginning with the rebate form and your receipt. and if you don't get paid, file a complaint with the federal trade commission ftc.gov or the attorney gent. you can also call us, 888-996-tips or visit nbcbayarea.com/responds. >>> com

police say while they were racing the boy to penn presbyterian medical center, a man driving a mitsubishi hit the police car on the back side at 57th and walnut. >> he was really trying to make that light. he was going fast. so he really hit the cop car and made the cop car spin if that wasn't a truck it would have probably flipped. >> reporter: additional officers arrived to take boy with the gunshot wound to the hospital where he was listed in stable condition. now we can tell you at this point that he is still in stable condition. police found the gun at the scene. this case still being investigated. back to you. >> all right, dave, thank you. >>> a broken pipe shutting down camden high school. not just for tomorrow the building is closed through next tuesday. officials say students and staff won't return until wednesday. the 17th while the school is closed, breakfast and lunch will be available for students at brynn medical arts. breakfast served from 9:15 to 10:30. lunch from 12:30 to 1:30. another water main break but this one got nothing to do witness weather. skyfox over the scene

a mitsubishi struck the cruiser at 57th and walnut streets last night. other officers arrived and took the 16-year-old to penn presbyterian medical center where he is in stable condition. no one was injured in the crash. >>> a water main mistake caused this geyser to bubble over the city's west oak lane section. the water department says a contractor pulled a service line by accident and that sent water spewing from the intersection of washington lane and rodney street. the rupture did not impact customer service. >>> a busted water pipe will keep a camden elementary school closed for the entire week or the rest of it at least. the cold weather led to the maintenance issue at r. t. crane family school. if more time is needed for repairs administrators will consider sending students to other schools. in the meantime school meals will be provided to students at other buildings in the district. >> search and rescue missions continued in southern california overnight. at least 13 people have been killed by an almost unbelievable rush of mud and debris that p

provide rebates to electric car buyers at king mitsubishi in maryland the outlander hybrid electric vehicle qualifies for about seven thousand dollars in government incentives this is actually the first week and a half that we had in common and we've had a huge amount of customers come in and obviously they're doing the research they want to know more about it we have has sold a couple so far already these government sensors absolutely help customers in terms of purchasing these plug in hybrids some analysts suggest that the market for electric vehicles could overtake that of gasoline engines by as early as twenty thirty five while that's great news for cities suffering from air pollution there's a catch electric cars still draw on fossil fuels for their. power so if you're generating electricity and most of the electricity is comes from coal and gas then you really aren't accomplishing much so you have to green the electricity mix in order to then have electric cars significantly address greenhouse gas emissions. jacob's hope is that one day he can commute without having to pollute much ha

. >> david drives this 1997 mitsubishi with 250,000 miles on it. you can tell he takes care of it. and that tlc includes new tires regularly. the latest set bought in the middle of 2016. well, david says part of that deal was a $70 rebate from continental tire. fast forward to late 2017 when he wrote me to say he still hadn't received his rebate. so we contacted continental tire. they said the rebate processing center needed david to resubmit in 2016 but it never got a response. david said he did try to make contact with multiare calls and voice messages. ultimately, continental tired agreed to give him the $70 rebate he had long been waiting for. we agree with the federal trade commission on rebates. you have to be diligent about them. always keep a running record of the progress beginning on day one. plus, keep companies of the payment work beginning the snowstorm the receipt. if you don't get paid, file a complaint with ftc.gov or the attorney general. you can also call us. 888-996-tips. ? it's never too early to plan for the weekend. >> it's super bowl weekend so serve lieveryb

chairman of the mitsubishi alliance. tom and i will be speaking with joe about the euro. he wrote a very interesting book about the region and i want to talk to him about the cryptocurrency. and then we will be speaking with stephen schwarzman. we have a lot going on, but let's catch up to speed with the first word news. here is taylor riggs in new york. hasor: president trump signed a government spending bill that ends the three-day partial government shutdown. capitol hill is inspected to fight over immigration over the next three weeks. senate democrats agreed to a deal from mitch mcconnell, giving in on the spending bill. mitch mcconnell agreed to address demand that congress protect undocumented immigrants deportation. president trump has taken his first major protectionist move one year into his term. the president imposed tariffs on imported washing machines and solar panels, some as high as 50%. south korea condemned the move and china called this a misuse of trade measures. in davos, the dangers of protectionism were warned of. this could slow down the economy. p

mitsubishi announced a new venture capital fund with plans to invest $1 billion over the next five yearse chairman and ceo joined us from the event in las vegas to talk about the find. take a listen. >> you know, we have so many things to do for the next six years, which is about the transformation of the car. and i don't think we can do it alone. i think we will need a lot of innovation and creativity coming and we think the way we are organized today is not sufficient. that is why we came with a new organization, which is a horporate venture capital w will invest up to $200 million per year, which adds up to more than $1 billion, in order to support our efforts, transforming the car into electric, autonomous, and connected. emily: investing just hit the highest level since thedo dot com boom. how much competition is there to develop and deploy the kind of technology that you were trying to develop? >> oh, there's a lot of technology out there. i am receiving a lot of people, hearing a lot of ideas. we have to be very careful, because it means that there are a lot of interesting ideas,

fifty-five year old man driving silver mitsubishi hit the police car near 57th and walnut streets.witnesses say it was clear the police car was in emergency mode. >> everybody sort of like the cop was coming down 57th street. he was coming up walnut st. but he hit this car, trying to make the light. the light had turned yellow. he was trying to make the light. instead of slowing down, the cop made the intersection, instead every slowing down he sped up, hit the back of the cop car. the cop car spun around. >> more officers arrived at the scene to take the boy with a gunshot wounds to the hospital. he is recovering this morning, in stable condition. >> penn state is settled another lawsuit, this one was moon claimed jerry sandusky had molested him in a car back in 2007 when he was just a very young teen, only 14 years old. the case was scheduled for the end of february. but, late last month, the parties told the judge they no longer needed sandusky to be brought to philadelphia for the case. the former penn state football coach is now serving 30 to 60 years in prison for child sexua

were rushing the boy to penn presbyterian medical center when a 55-year-old man driving a silver mitsubishiit the police car on the back side at 57th and walnut. witnesses say it was clear the police car was in emergency mode. >> everybody saw the lights. the lights was -- cop was coming down 57th street coming up water net street but he hit this war he was trying to make light. the light turned yellow he was trying to make the light instead of slowing down the cop car already entered the intersecti intersection. instead of slowing down, he sped up and hit the back of the cop car and the cop car spun around. >> police tell us at this time it appears that the gunshot wound was self inflicted. that it was an accident at shooting. they recover the weapon at the scene. back to you. >> all right, thank you very much, dave. >>> a state of emergency about to be declared in pennsylvania. governor tom wolf tomorrow will call the opioid crisis a state emergency which means officials can override rules that may hinder the ability to address the epidemic. officials say they don't believe a governor has

i spoke with carlos ghosn who runs nissan mitsubishi. he said these economic policies are really phenomenal. they are revising all estimates for car sales. they didn't think car sales would be so great. now he said we have a much more optimistic picture. >> nissan, another good nashville company where i moved, art laffer lives. nashville is popular place in recent years. more popular with "salt." but it is a growing economy. even the new york fed, this isn't a bastion of conservative economic policy, the new york fed says gdp in the fourth quarter could end up 3.94%. that's huge. trish: i like the sound of that i will be in nashville in february. >> are you doing or interviewing? let me know i will come see. trish: thank you, andy puzder. >>> the mainstream media outdoing itself at the latest white house news briefing, incredulous that the president would be as healthy as he says he is. >> i couldn't even watch it. trish: what's that? >> i was speechless. trish: actually it was pretty funny. they actually, you know, amazing enough, andy,

have mitsubishi you at sheet joining us in the studio next.intel chip fallout widening to government and health services. is the fear being overblown? that later on. this is bloomberg. ♪ we are back. this is "bloomberg markets: asia." i am rishaad salamat in hong kong. haidi: despite signs of tighter central-bank policy, asian stocks continued to extend a strong start to the year. fromng us now is our guest mitsubishi ufj. happy new year to you. growth,ize global green shoots everywhere, trade tensions abated, the commodity cycle has turned as well. what could derail this good news story? china,of the risks is where we think the credit risks in the economy have risen over the last year despite that are looking macro signs. it is looking like borrowing has not slowed down. it has probably grown faster. there is some unpublished research floating around that with suggest that in addition to the growth in shadow banking, the piping leading into shadow banking might be growing at a much faster rate. times three or four faster, and it has been grow

i talked to the chairman of mitsubishi alliance ventures is a new effort, $1 billion worth of money they expect to put towards startups through this effort over five years. the first deal is a company called ionic materials, a battery technology company that believes its battery technology is cheaper and safer i've talked to him about what this move really means in the context of the other $50 billion internal investment that these companies are doing in advanced technology take a listen. >> obviously it's a substantial amount at the same time, we're talking about $1 billion, over $50 billion of investment, about 2% of the effort. i'm not worried about my companies now or three years down the road or five years down the road i'm worried for five year plus when i was making the turnaround of nissan, i was worried about next month, and i was worried about the next three months. so it's a completely different way of looking at things both very heavy. >> reporter: a survival issue both ways, but this one more off into the future. here at ces, a lot of talk about car technology some of it hav

carlos ghosn are upping their estimates on number of cars they sell at nissan mitsubishi, why? because the of tax cut. all of it is coming together. now i feel like for the first time i can watch to say, all right, it is making sense. do you feel that? >> well, when you look at the regulatory side, does not get headlines. but removing those burdens on businesses especially small businesses that is to the good. just discussed earnings. the thing to watch out for though is the federal reserve. they're making multer -- mutters like the new york fed, that we're overheating. watch out for the fed to gum up the works. they think prosperity causes inflation. >> we have no inflation, by the way. >> prosperity does not cause inflation. the why the people doing better, earning more, the other thing you will hear about a bullish sign, labor shortages, not being able to fill specific positions which means labor will be going up. trish: what does cause inflation then? you don't think it is prosperity? you think there is concern the economy going gangbusters so everything goes up, up, when t

carl scone is the chairman and ceo of the nissan mitsubishi alliance and chairman of nissan motor companyoining me onset right now good to see you. >> good to see you trish. trish: changes to trade agreements, how does that affect the industry, how does it affect your company? >> it will affect a lot so that's why we're all extremely attentive to what's going to happen. the fact that nafta is being re negotiated seems a little bit normal. this is a 23-24 years old agreement and the reality of the three-country change during the last 23 years, the fact that there is a reset for this agreement it's fine. it's something very logical obviously the outcome will have a lot of importance for all of the car manufactures because we have based the supply system on north america for the north american market. if anything needs to happen here , it will have major impact on us. trish: are you concerned this will hurt your industry? >> it will. it may depending obviously we don't know how it's going to be changed but we will be paying a lot of attention to the outcome of the negotiation. trish: one of

i talked to the ceo of mitsubishi. he said, look, ali, most countries don't think after they concluded a negotiation with the united states about trade, that somehow they got the better of the united states. there is a real problem in that high-paid manufacturing workers in the united states or great britain, higher wage economies, when they make trade deals with -- >> all right, ali, i've got to break in. president trump is now sitting in his bilateral meeting with terraheresa may. let's take you there. >> the prime minister and myself have had a really great relationship, although some people don't necessarily believe that, but i can tell you, i have a tremendous respect for the prime minister and the job she's doing. i think the standpoint is mutual from the standpoint of liking each other a lot. that's a little bit of a false rumor. i have great respect for everything you're doing. we love your country. we're working on transactions in terms of economic development, trade, maybe most importantly, military. we have

a mitsubishi struck the cruiser at 57th and walnut streets last night.rived and took the 16-year-old to penn presbyterian medical center where he is in stable condition. no one was injured in the crash. >> a water main mistake caused this geyser to bubble over the city's west oak lane section. the water department says a contractor pulled a service line by accident. that sent water spewing from the intersection of washington lane and rodney street. the rupture did not impact customer service. >>> a busted water pipe will keep a camden elementary school closed for the entire week. the cold weather led to the maintenance issue at r. t. crane family school. if more time is needed for repairs administrators will consider sending students to other schools. in the meantime school meals will be provided to students at other buildings in the district. >> search and rescue missions continue in southern california overnight. this is some new video of the coast guard pulling a family with young children to safety. at least 13 people have been killed by the mudslide

i was speaking to the ceo of the nissan mitsubishi group this morning, and he said they have been involved in a lot of trade negotiations. countries don't tend to think when they walk out of a deal they made with the united states that they got the better of them. the fact is because america is the 800-pound gorilla. they get that. the issue that i think the president and the administration might be trying to make, although it's not been done articulately, is when the trade deals work the way they were meant to work, you end up with a whole lot of people out of work in occyour country and they are trying to figure out what to do with that. that's not suggesting that trade deals are wrong. it means when you make trade deals, you have to account for some industries and people put out of work. that's a sophisticated discussion that involves looking inward and not at your own policies, your own fiscal policies and social policies and not blaming the rest of the world. so the president is having trouble with this. on one hand, he's talking about making better deals and more deals with everyone.

friday, we have the portuguese economy minister and carlos from the mitsubishi alliance and i have toay, i am looking snrward to speaking to mr. gho about protectionism. we will also get a global view on the specter of protectionism with joseph stiglitz of columbia, university. -- columbia university. guy: looking forward to that. tom keene's panel will be something to focus on. we will be taking that live. let's get a first word news update with juliette saly. hasette: donald trump slapped tariffs on imported solar panels and washing angering trade partners as he took his first protectionist move a year into his term. america will impose new duties of as much as 30% on foreign-made solar equipment while imported washing machines will see tariffs as high as 50%. china and south korea condemned the step calling them a misuse of trade measures. signed a government spending bill that ends a three-day partial shutdown. impasse broke after senate democrats accepted a deal from mitch mcconnell that will fund the government through february 8. in exchange, mcconnell agreed to address democra

today in a sense also, the same sort of thing.global markets research had formitsubishi -- head mitsubishing more questions about the rally that we are at the moment enjoying, if that is the right word. brian marr, as well. yvonne: that is right, rish, on a tear. stay tuned. this is bloomberg. ♪ >> we have got a sea of green. investors betty on global growth and a factory boom -- betting on global growth and a factory boom. during as the u.s. -- the upcoming winter olympics. and apple getting written by the bugs exposed by intel. no known impact on its users, says tesla. i am rishaad salamat in hong kong. >> and i am haidi lun in sydney. still bullish on hong kong property demand. putting him at odds with a growing number of analysts who see a

a 55 year old man was driving a silver mitsubishi, slammed into the police car, while they were crossing7th and walnut streets. luckily, more officers came, they were able to take the boy to the hospital where he's now in stable condition. >> would that be the ultimate in a bad day? shoot yourself by accident in the leg, then you get in a wreck on the way to the hospital? >> and the fact it was a 16 year old. >> well, yes. >> have you seen these folks on these drivers licenses? all right? dare. police say they're behind a theft ring, and they're targeting amazon customers of which, of whom, there are many in the philadelphia area. >> so, lauren is joining us with more on there is because now i want to check my amazon account. look, i click. >> don't act like you're me, lauren. >> reporter: that's what police want you to do, check your amazon account, check your bank statements. here's what happened. big ticket item head today one woman's house she is paying for it, it never shows up, it gets diverted. happened to few people here in chester county recently. now the west whiteland township

companies like and or sadie's, jaguar, land rover, and we also represent automakers like toyota and mitsubishi. we have a diverse membership, but i would take a step back and say that nafta has really created an integrated regional supply chain within north america. even if the vehicles produced are in mexico or canada, those support high-paying jobs here in the u.s.. before nafta, mexican produced of u.s.y had 5% value content. today, that figure is 40%. the 40% of a mexican produced vehicle is u.s. content. so that integrated regional supply chain has allowed the north american industry to essentially become one and support jobs throughout the region. host: ian, talk a little bit more about the supply chain specifically, the case that was outlined by bloomberg, how the parts came from asia, manufactured all over north america, but the company is a small company based in michigan. talk about how that happens, and who benefits, who profits from that product? 's members arer the state railroads. the large, large class one railroads, but also the small locally owned railroads. so these are all c

. -- mitsubishi in japan, these companies with picks and shovels in hands the electric grid to intelligent area, manage electricity on the grid, off the grid and come back and optimize that. the opportunity that is a bit unusual out of the box the fact that many companies import significant amounts of oil. solar energy in india, down. diesel. estimates in india 50% of the official grid capacity is actually diesel generators. so as we go away from that towards battery renewable localized industry, there will be much less oil imported. as oil import is less, foreign currency stops going up, you have much better financial conditions, interest rates go down and property prices. the areas that will boom are areas currently importing oil, investing in renewables versus the country exporting oil and facing economic impacts. those are the three areas for me capitalistic perspective where i'm looking to make money. >> i'd like to give a chance, we have about between or three minutes left to give the audience a chance to ask any questions. if there are any, raise your hand. i wanted to go back one m

second area is electrical management mentioned in the last -- so companies in the u.s., europe and mitsubishi in japan. they are the picks and shovels that will help enhance in the intelligent area where we can manage off the grid coming on to the grid. and maximize that. an opportunity that is a bit unusual, we have to think out of the box, the fact many countries import significant amounts of oil. if we do look at the price of solar energy in india down to we low five rupees per kilowatt hour. so there are estimates that in india 50% of the grid capacity is diesel generators. as we go away from that to battery, renewable industry much less oil imported as oil is less, currency stops going out. interest rates go down and fixed property prices will boom. the areas that are importing oil that are investing in renewables versus the countries that are exporting oil will face negative impacts. those are the three areas for me where i'm looking to make money. >> i want to give obviously a chance -- we have about two or three minutes left to give the audience a chance to answer any questions. if th

we also represent asian automakers like toyota and mitsubishi. .e have a diverse membership i would take step back and say nafta has created an integrated regional supply chain within north america. even if vehicle's are produced in mexico or canada, those support high paying jobs in the u.s. before nafta, mexican produced cars only had 5% value of u.s. nt.te today the figures 40%. -- the figure is 40%. that regional supply chain has allowed the north american industry to essentially become one and support jobs throughout the region. kimberly: talk more about that supply chain specifically. the case that was outlined by asia,erg first came from -- parts came from asia manufactured all over the world. a small company based in michigan. talk a little bit about how that happens. who profits from that kind of product? ian: the a our members are the nations freight railroads. class one railroads, but also the smaller locally owned railroad. these are domestically owned american companies, investing in america. he mentioned the complex supply chain. -- you mentioned the complex supply chain. w