the weaker yen boosted exporters like carmakers, mitsubishi motors, nissan a and mazda all showed strong. casio computer also gained 7%. opeek members are meeting to limit oil production so we could see big moves in the oil price and energy sector. giang nguyen reporting from the tokyo stock exchange. >>> index rose 0.5% snapping two days of losses. sydney was up 0.4% supported by higher medal prices. 3261 for the closing number there. the highest close in more than ten months. shares of steelmakers rose as chinese iron or futures were sharply up. the index climbed more than 2% for the week. advancing by 0.5%. the index was up for a fourth day to its highest in more than a month after industrial output for october came in slightly better than expected. >>> a lower house committee has approved by majority vote a bill to reform japan public pension system. lawmakers of the ruling coalition liberal democratic party along with the opposition innovation party voted in favor. members of the opposition democratic party and japanese communist party surrounded the committee chairs seat and protes

the weaker yen boosted exporters like carmakers, mitsubishi motors, nissan, and mazda all showed strongdvances. electronics manufacturers like casio computer also gained 7%. next week opec members are meeting to discuss a deal to limit oil production, so we could see big moves in the oil price and energy sectors. giang nguyen reporting from the tokyo stock exchange. >>> a lower house committee has innovation party voted in favor. members of the opposition democratic party and japanese communist party surrounded the committee chair's seat and protested. a key pillar of the proposed reform is a new rule for revising pension payouts. the rule is designed to rein in ballooning pension expenditures. the government says such a revision of the rule would be necessary for securing the payout level for future generations. the ruling coalition hopes to have the lower house approve the bill next tuesday. the democratic party says the revision would cut pension payouts by a large margin and affect the living standards of pensioners. they're calling for thorough debate in the diet. >>> the fund that

mitsubishi motors among the carmakers with a good rally. asian markets, do a .4%. i didn't in gold stocks. a dip the golden mile -- in gold stocks. 0.4%.ng seng, up by the shanghai composite, also higher. a little bit of mixed movement from emerging markets. the philippine peso, falling shortarply. having a quick look at some of the other currencies. up 0.1% against the dollar. this is despite the fact that the few doc weekend the rates -- weakened the rates. anchor: thank you. those are asian markets. let's talk about greece. prospects, with bank stocks surging. we have been speaking with banking ceos about investor confidence. let me take you to this chart, but enthusiasm we have seen for greek stocks. oversold, we were in territory. now suggesting we are overbought. let's get more perspective and some of the broader implications. guy johnson joins us from athens. the key meeting, the day after the italian referendum. why aren't greeks worried? a guy: greeks probably are a bit nervous. there should be nervousness. if the italian referendum more ook -- if the refe

mitsubishi motors doing well on this yen story, so some strength from the carmakers.tandout today. rishaad: thank you. cpin's inflation rate, the index has extended its longest losing streak in five years, the key gauge brought -- dropping by .4% in october. to tokyo, what is the broad take away from this data? can we say anything about the trend? >> yes, there was another negative reading for japan's inflation index this month, but we can say that things aren't getting any worse at least. in fact, economists are saying that the decline in the cpi reading in the downward pressure on prices appears to be oftoming out as the effects lower energy prices fade, but of awaye we remain a long way from the boj 2% inflation goal, and there is a big difference between stopping prices from falling and getting them rising again. it, isn'that's just it? what about retailers, any indication of them having price expectations changing? >> consumer spending remains weak. consumers are very cautious about spending because they are not seeing significant wage gains, and in light of that