. >>> japanese lawmakers are summoning the head of mizuho bank before a panel. they're going to be questioning him about loans his bank made to gang members. the house of representatives, the national affairs committee plans to hold an intensive hearing on the issuing next wednesday. key panel members have decided to ask president sato and others to testify as unsworn witnesses. the lawmakers plan to ask sato why the bank failed after finding out who the borrowers were. they also expect to ask how the bank came to make a false report about the loan, which totalled some $2 million. mizuho initially said his top officials were not informed about the problem. the bank later changed that explanation, though. >>> u.s. government officials are counting the cost of october's federal shutdown. they say worker furloughs and national park closures led to billions of dollars lost. analysts from the white house budget office released their estimates on the impact of the 15-day partial closure of government services. people were unable to visit sites like the lincoln memorial

still the army inspecting mizuho bank. the financial authorities are checking to see if the banks false report on loans to criminal syndicates. why is unintentional as the bankers claim. the hosts as its officials didn't investigate thoroughly and that they made a mistake and denying that top executives knew of the lending practice. an independent panel of lawyers also concluded that the false report was unintentional the financial services agency wants to verify the results of the in house probe. they decided to launch further inspections of the bank and its holding company mizuho financial group. the regulators will analyze corporate documents and interview officials to see whether the blanket and tobacco crop. the regulators will then examined the need to issue further administrative punishments now the authorities are also inspected the practices of two other major banks. tokyo mitsubishi ufj and sumitomo mitsui. what's up for a check on the my kids the ones in the us ended higher on monday on continued expectations tha

. >>> japan's financial authorities are reinspecting the mizuho bank to see if the bank unintentionally filed a false report on local loans to criminal syndicates as the bankers claim. they say its officials didn't investigate thoroughly and that they made a mistake in saying that the top executives knew of the lending policies. the financial services agency wants to verify the results of the in-house probe. it decided to hold further inspections of the bank and his holding company. the regulators will analyze corporate documents and interview officials to see whether the bank attempted a coverup. the regulators will then examine the need to issue further administrative punishments. the authorities are also insp t inspecting the practices of two other banks. >>> now smartphone maker blackberry has abandoned its plan of sale to a group led by canadian investment firm. blackberry officials also announced chief executive officer thorston heinz will step down. they said in september that it would sell all its shares for $4.7 to a consortium headed by fairfax financial holdings, blackberry d

mizuho. they raised the first year outlook earlier this week. now the renewed forecast at the nation's three largest banking groups have all outperformed analyst expectations. the aggregate net income of the three groups is set to beat that of fiscal 2012 and reach the highest level since the 2008 financial crisis. that's all from nikkei business report. back to you, ross. >> all right, yukako, thanks for that. joining us with his thoughts, david marshall. senior analyst, asia pacific financial in singapore. david, nice to see you. bank results pretty good. how sustainable is it? >> well, not very i think is the short answer. as your correspondent mentioned, the stock market has been very buoyant, so the japanese banks have an equity investment. they've increased in value. lots of brokerage businesses. people buying stocks in investment trust. that's very nice. it can only be sustained as long as the stock market is buoyant. another set of information in this half is the loan loss reserves. normally the banks are putting money into their loan loss reserves. but since they did a lot of that during the financ

bank of korea is likely to keep rates steady. abe-nomics in japan under scrutiny again as third quarter gdp figures will be released. and it's the third day for japanese earnings with mizuho and mitsubishi reporting this morning. china air lines and singapore's singtel. >>> former heavyweight champion of the world mike tyson says he's pulling no punches in the release of his auto biography in the relief of his memoirs, iron mike. mike tyson will be on set at 4:30 eastern to discuss the book. so if you had a chance, what would you ask mike tyson? let us know. e-mail us, worldwide@cnbc.com, tweet @cnbcwex or direct to me @rosswestga @rosswestgate. i think most of us would prefer to ask limb not to hit us. but there is a great quote he came out as saying most people have a plan until they get a punch in the face. >>> still to come in the program, more than a thousand economic experts for more than 100 countries and we're going to get their verdicts on the bits climate around the world. it's the latest itc/ifo survey. that coming up. the next hour of "worldwide exchange" starts right after this. ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy's mom has got it goin' on ♪ ♪ stacy