court officials said in 2007 that a predecessor to mitsui had been in arrears on leasing fees for two ships. that were used during the japan/china war. the conflict broke out in 1937. the court ordered the company to pay compensation of about $30 million. lawyers for mitsui launched an appeal, but in 2010, china's supreme people's court rejected it. >>> the managers of other japanese companies with assets in china wonder whether the seizure will have implications for them. former chinese laborers and their relatives have filed lawsuits against several companies. the complainants say they were forced to work in japan during world war ii and they're demanding they be compensated. japan's chief cabinet secretary yoshihide suga says the seizure of the japanese cargo ship is extremely regrettable. >> translator: china's move could shake the basis for normalizing bilateral diplomatic ties as set down in a 1972 statement by the two countries. the move may also affect all japanese firms doing business in china. >> suga said japan's government is deeply concerned and hopes china will take appr

osk hasllis k -- mitsui taken overits ships by shanghai courts.itsui was ordered to pay $28 million in compensation. it is appealing against the ruling. america" facing the challenger "rio 2." disney's decision to release ahead of the summer has paid off. a glitch for two of the world's largest gold miners. no gold giant being formed on the horizon. it seems that there was a hang up when it comes to finding and identifying the right minds to -- right mines to spin off. barrick gold is the world's number one. they planned to announce his deal this week. both companies wanted to have a deal announced before each one's annual meeting. sources say negotiations could be revived. don't discount the gold giant just yet. they did try to merge several times in the past. according to sources, they still have an interest to do it. a bridesmaid but not yet a bride for these two. >> right. when you look at what is happening with gold, a lot of the reasons many say a deal would be helpful is because it would allow each company to not face such a depressed balan

the ship's owners at mitsui o s k nine this a bit trying to figure out what to do next. court officials that in two thousand saddened that meets the head being in arrears on leasing fees to wear two shirts that use during the japan china or more. the conflict broke out in nineteen thirty seven the koran in the county to pay compensation of about thirty million dollars. below is from the city launched an appeal. i'm in two thousand ten. china's supreme people's court rejected it. the season may have implications for losses that have been filed by former chinese labourers and their relatives the complaint and say they were forced to work in japan during world war two. they're demanding compensation from japanese companies. the new unit of japan's as self defense lawyers has been deployed in okinawa. it's never slow money to the skies and seas around remote islands in the southwestern i keep telling him. the defence ministry said of the units that knock on base. included for early warning radar planes. japanese defence ministry. it's a dirty bomb and an active part in a cer

all these issues, one more example -- >> that will be an interesting write-down for mitsui osk.bout this ship that was seized. -- 7400 meters. the width of this ship is 54 meters but the length is three trapper. size of old gross carry 120,000 tonnage of what is normally i nor. it was back -- it was built back in 2011. it is being impounded and you can't have it back until you pay a. >> the appeal is still going forward t. >> one plane was in miami. it was seized by miami customs for not paying the debt of the impounded the plane. they said you can have the plane back when you pay the debt. >> so precedent has already been set. >> failure to go send your planes and ships out. >> dating back 80 years, incredible. once the darling of the android world, htc has been struggling to compete in the high-end smartphone market. posted threeas straight quarters of losses and its market share has declined. htc posted wider than expected fell more than mor 20%. they have fallen 80% in the last three years. that is not a good thing. if that is in your portfolio. but there are big changes afo

exporters and financials panasonic down of four point seven percent for his people's there and sumitomo mitsui financial group was down by three point two percent. his job status on a recovery from an unusual week i'm usually cold winter in the us and that was the be good for stocks but the positive and that did not last long on wall street in fact the ticketing nasdaq fell two point six percent and posted its biggest drop since better and those jitters were also felt in tokyo but the bucking the trend was the nineties until the pharmaceutical company that grows to twenty percent of the many news that involves its subsidiary read this you ever towards the end is of sun pharmaceutical industries is buying rather seek to create the world's fifth largest in their company and that provided a major boost to die since tyco shares. when i saw the big economic event in japan this week. the key is the kind of japan's policy setting meeting. how did the trading today and what shall we expect out of meeting. i then added a total caution to the market today. investors were not hesitate to take large posit

the ship's owner and mitsui o s k lines saying they're trying to figure out what to do next. court officials said in two thousand and seven. better predecessor to meet c had defaulted on leasing fees for two ships. they were used during the japan china war the conflict broke out the nineteen thirty seven the court order the company to pay compensation of about thirty million dollars lawyers for me to use launched an appeal. but in two thousand and ten china's supreme people's court rejected it. the managers of other japanese companies with assets in china wonder whether this easter will have implications for them. former chinese laborers and their relatives have filed lawsuits against several companies the complainants say you are forced to work in japan during world war two and are demanding they be compensated just as chief cabinet secretary issued this ago says the seizure of the japanese cargo ship is extremely regrettable. to him only to then don't you love in china's move to shake the basis for normalizing unnatural diplomatic ties she has sat down and in nineteen seven

managers at mitsui life about $500 million. now portfolio managers traditionally shy away from foreign debt. they worry that they'll lose money because of currency fluctuations. >>> all right let's check on the markets now. investors in asia reduced their stock holdings ahead of a series of key economic events due out later this week. they're keeping a close eye on policy meetings by the federal reserve, and the bank of japan. also, the latest u.s. jobs report and manufacturing data out of china are a big focus. you can see most asian markets under pressure. the nikkei, in fact, down 1%, finished at 14,288. that's a two-week closing low there. lackluster earnings from japanese companies weighed on market sentiment. trading volume remained pretty light ahead of a public holiday on tuesday. the shanghai kols it also with declines of 1.6%, 2,003. that's a level that we haven't seen for that market since late march. investors remain worried about an oversupply of shares due to the expected resumption of initial public offerings. me