for the nikkei as wellril fore bumpy ride this week. u.s. retail sales in june also showed a decline of putting serious question mark again biggest remember on friday growth slowing to this they positive outlook for the japanesend however, the that they would take further action if they see any further deterioration in keycourse. acquisitions of overseas companies given the cuhours. 78.86 machine 87ining its relative strength there. t upper 78 levels that you see right ago we were it of strength there lyery quickly, we have key data out of the u.s. speaking his views alsetrom close, but your enemies mayer an major services including google joined google in duating from stanford university. she has a degree in compute firm spokesperson. mayer's appoin top executive over falsify case of and loss of for you next hour. i'll leave you with a check on ies to form a coalition government. the country's president, xanana to stay in he get a it will form a coalition with the alliance will hold a t the united nations peacekeeping force plans to wi

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nikkei topix are kic thursday, ju and both ind the nik9,000 at nikkei higher for two a row.ocus today autos. data fes for thes fis well as earnings for operator chain focus on as branch managahead of the key meeting next a lot of there on how the going to combat deflation here also what its to be for rema a lot ofocus there onhere. also cment data by the bank of j showed an improveme level in so some of the we're going to nergy relatedwell. wti, dropping a let's not around 4% so continued volatility there. an now, let's currrse in how currently the dollar/yen >> w automakers this mornin mention a what's expected >> a lot of f auto indu especially after1th a lot of domestic sales economists are looking at. es thea whichat sales were60%. honda sales were up 40%.p up focus there those aut figures domeecb coming up later today a majorinvestors. back to yo thanks a lot fupdate. tokyoexchange. no modest stock markets. markets this hour those. higs bosan called the go saying it helped form the theory.chers have been tryingwn definite they subatomic particle >> translator: we today. we have a

and the nikkei and the topix down a third of a perd now 8,767 for the nikkei and 743 for the topix. in the u.s.,down existing home sales fell by 5.4%. that's the lowest in eight months. we had weekly jobless claims which comes out every thursday and that actually rose aittle bit more than alyst h expected. so based on those two bits of data, as well as the recent manufacturing, services and jobs data that we've had out of the u.s., the markets are figuring that the federal reserve may just have to take some extra measures at its next meeting to, perhaps, boost the u.s. economy. that's going to be a focus there as well. investors looking at a good performance in some hi-tech shares like ibm and that, also, helped to boost the sentiment so a bit of a mixed picture as well as economic data and earnings. bu nevertheless, in tokyo markets there's also a little bit of caution here. not only because of earnings in the u.s., but also we're seeing investors take a little bit of a step on the sideline there is. global events. we've seen political events stirring up in the middle east. the str

lot of market analysts were expecting a deficit, so that's a little bit of a turn let's seeow the nikkei and the topix are kicking off this wednesday. it's pretty clear the market's taking more of a direction from the eurozone debt issues and we're seeing the nikkei down over 1%, 8,394, so we've broken below 8,400. yesterday we were talking about breaking below 8,500 so that's another level to deal with. topix 710, renewed concerns about greece and continuing high bond yields in spain and italy is setting off alarm bells yet again and market players here are concerned about the effects on global markets, as we're clearly seeing here at the open. earnings from apple as you also mentioned there may play a factor in relating shares here for componentmakers, a lot of japanese companies make a lot of components that go into the iphone, as well as the ipad and other apple products. apple shares were down around 5% in afterhours trading so that might also have an impact on those shares as well. still really renewed concerns about greece meeting its debt obligations, will be the main market driv

the nikkei still above 9,000 at 9,094 and the topix at 777. the nikkei closed yesterday higher for two days in a row. one area focus today may be in autos. we're going to get data for a new car sales for the first half of this fiscal year. as well as earnings for the owner and operator of the biggest convenience store chain in japan. also some focus on the bank of japan as branch managers meet ahead of the key policy meeting next wednesday. a lot of focus there on how the bank of japan is going to continue to combat deflation here in japan and also what its outlook is going to be for the remainder of 2012. so a lot of focus there on domestic issues here. also consumer sentiment data compiled by the bank of japan recently showed an improvement to its highest level in five years. so some of that playing into the markets as well. we're going to continue to keep an eye out for energy related stocks as well. we did see wti, crude oil prices dropping a touch. let's not forget after it rose around 4% yesterday. so continued volatility there. and we'l

in tokyo, the nikkei lost 24 points. in hong kong, the hang seng nudged up 99. the biggest news will be friday's jobs report. news out of europe could trigger some market movement it today. >>> the european central bank is expected to cut the region's interest rates to a record low. the move is seen as essential in easing the euro zone's debt crisis. >> moody's downgraded barclay's credit rating to negative.

both the nikkei and topix higher than half a percent each. i'll leave you with a check of the markets. >>> iran has launched ballistics missiles as a show of defiance against israel and the united states. iran's elite islamic revolutionary guards fired the missiles in a southern desert region. it included the long range and short range. israel is said to be within range of the shahab-3. the task took place after western nations stepped up nctions against iran. this included the european union's ban on imports of oil. y attacks on facilities. the sanctions have oil producers scrambling amid the threat of reduced oil supply, there's also opportunity. >> reporter: saudi arabia is the world's largest oil producer. a number of countries including japan are pressing the kingdom to make up for any drop in oil exports from iran. >> we have over 70 customers worldwide. so we respond to their demands. >> reporter: they've been kept as a trump card to use to boost output in the future. development of offshore oil fields are underway at about a dozen loc

taking a look at overseas trading this morning, the nikkei was down 3 points but in hang is seng the nikkei jumped 416. >>> well, wall street kicks off a new quarter on a high note with a shortened but busy week ahead. u.s. markets close early tomorrow before shutting down for the 4th on wednesday. investors who haven't taken off the entire week will be looking to extend friday's rally which gave the s&p and the nasdaq their best daily boost since friday. the surge came after significant steps were taken to shore up the struggling banks in europe. >>> overseas this morning optimism over europe's debt crisis helped most asian markets climb higher. the upbeat sentiment could continue if the european bank decides to cut interest rates during its meeting this week. >>> another big driver for u.s. markets will be the june jobs report due out on friday. investors will get an update on the june auto sales which have been strong all year. >>> interest rate rigging scandal that rocked the global banking scandal last week has claimed the first victim. the chairman of barclays resigned today sa

it looks like the nikkei is dipping into negative territory now. i'll leave you with the latest market figures. ♪ >>> traditional modes of transportation across southeast asia are under threat. from the cyclones of hanoy, taxi drivers aren't rolling like they used to. consumers are getting wheels of eir own. now people in a hisric land in malaysi areiming to reverse this trend. they're trying to save a three-wheeled taxi known as from extinction. here's the story. >> reporter: it's located in western -- this is the ambience of the period and the 18th century. this site once thrived as a threat between the east and the west. three-wheels taxis hold tourists. the driver sits behind the passengers giving them a view of the sights. >> this is a new experience for me. this experience is very unforgettable. >> reporter: but they're not as popular as they once were. until the 1970s these were important means of transportation nationwide, but as cars and motor bikes increased, the number of passengers drop off. at the peak 3,000 tricycles fill the streets,

looks like in the nikkei let's see how they are doing. china stillapart on a japan's foreign minister koichiro gemba and h thed by taiwan and china. of three chinese patrol boats in the to leave japanese territory. some of the islands l he said peaceful and stable control of the islands is im yang countries including islands in the south china sea. yang said the issues should be resolv declared islands off ho at a meeting of the ruling united russia party on wednesday, dmitry medvedev said the islands are an extremely promised residents the government will build sports and health facilities on two of the nd i returned after the peacejapan launch masaharu kono called it very regrettable, sayin>>> south public lined up against it. koreans aren't afraid to take to the streets to let their leaders know how they feel this time they are a opposition rallying against a ct. n test fired the missileal they claim was a satellite carrying rocket. but many south koreans aren't happy with it. they say the president's administration e administration is

it's a positive start, the nikkei is up over 100 points to 8,543 and the topix at 722.gain, also up 1%, just over 1%. now, in addition to mario dra i draghi's comments, we had better than expected jobless claims data out of the u.s. and that also helped to boost sentiment. earnings out of the u.s., facebook came out with its first earnings reports. however, the markets were a little bit disappointed, it traded lower in afterhours, trading down around 9%. starbucks also came out and said that it's going to be closing down some stores in europe and afterhours shares were down around 12% as well. now, here in tokyo, of course, the focus will be on earnings reports thate've been getting throughout the week. yesterday after the bell we had nissan and nomura holdings and just looking at nissan right now it came out after the bell yesterday saying operating profit fell around 20% between april and june quarter but it did leave its full year outlook unchanged. now nomura holdings, which also has announced the resignation of its current ceo, said april to june quarter showed net

the nikkei and the topix both trading higher, almost a quarter for the nikkei at 8,386 and the topic up to 707, up 0.2%. canon cut its full-year profit because of the impact and eurozone debt issues. canon came out and said the yen's strength on the assumption of 80 yen to the dollar for the rest of this fiscal year which ends in march 2013 will reduce sales by 5%, and also operating profits by 10% for this full year. now, nintendo, the kyo no based console maker and owner of the seattle mariners had a little bit of good news. it said it trimmed its losses for the april to june period and also left its earnings forecasts unchanged. nintendo is also looking to introduce this new games console, successor to the wii and also it is estimating the dollar/yen at 80 so we're going to keep track of both those stocks today and other stocks within those sectors. now, having a look at currency levels as well of course, that's been playing a major part in earnings and stock plays. 78.12-15 dollar/yen, euro/yen at 94.80-85, so we're seeing a little strength there. the euro gained a little bit of

we're just march ginally lower the nikkei. it ended lower yesterday for three days in a row. not helped by economic indicators in japan, china or the u.s., highlighting global concerns about growth in the major economies of the world. in the eurozone, as we've been following, the key finance minister meeting is on the agenda and also a german constitutional court ruling which also will be a key focus there later in the week. and that's going to be focusing on the bailout funds used for weaker eurozone economy. that's a big issue right there. all of that has kept a little bit of the lid on the euro and that's also close to two-year lows against the dollar. keeping low against the yen as well, compared to the gains it made last week following the more upbeat eu summit at the end of june. let's have a look at some of the fx levels. it is coming up on the screen. 79.55 to 58 dollar/yen. euro/yen, 97.96, still the euro a little bit weighed down by events in eurozone. >> how about volatility in commodity prices? what's behind some of those recent moves? >> quite a lot of incidents

now, the nikkei did flirt with s it did fall a stronge 78.77-79 changed. a little bit stronger around t as well today. ai? >> indeed ramin. ramin, i als lkman. >> probably not. it's a slimmed down version, highly competitive sector which is dominated by apple's ipod other product having closely watched and we'll watch the s that. as he topix up over 1.2% so far. let's see how south korea and australia indexes are doing. >>> started a delicate operation that plant and demissioning ed unu one of the s are currently stored in the pool. that includes about 200 unused ones. workers removed one of the test. erwater cameras to make the right rod. they say the operation went smoothly, and they'll take o the e tepco workers will face other challenges. run tokyo's haneda internatio with a threat in the strike w ake off and bird strike gained prominence in 2009. a laguardia ines, shutting them cases at surged by rators opened a new runway in 2010. this strikes. the noise mimics the cry birds under attack. s of their species are at so they've introduced invested about

asian markets are trading let's check out the actual figures and as you can see at the moment the nikkei is posting some gains in fact as posting gains of around a quarter percent following the european leaders decision a las friday to all let their rescue fund deposit cash a straight into the struggling banks and also to create a single body that will essentially monitor the eurozone banks and that's basically what we're looking at is the european banking union the much anticipated banking union i should say of course that's the background but at the moment in asia as i said exporters are really driving the nikkei higher on them prove the sentiment toward europe and hong kong the hang saying is closed for a holiday this monday now on wall street last friday the nasdaq ended up posting the biggest daily percentage gain since last december again the european news with the main driver there overall for the first half of the year the dow posted gains of five point four percent the nasdaq of almost thirteen percent not bad considering that we're in the midst of a crisis now the good news fro

. >>> tokyo's nikkei dropped 1% could we will give the quarterly report from j.p. morgan basins these bald tire billion dollar loss. dell's prices tech up last week according to aaa print the average price is $3.38 print british airways, i guess they really want to get to know their customers. >>> so much that the company has given crewmembers and ipad to look up their frequent fliers. it shows some messages to crew members. they use that to deliver a more personalized service. >>> the next up in a move to restore a national park plans to turn in petitions to put the issue on the november ballot. it will require san francisco to draying a reservoir. the reservoir provides water to over 200 million people, most in san francisco. doctors at cincinnati children's hospital say that infections dropped compared to vaccinate it woman. and cuts may actually improve a child's head, it vereins babies who spend more time around a dog or a cat to have fewer respiratory infections. large numbers of starving pelicans are turning up on california beaches. another pelican, was del

that's all from the nikkei business report. back to you. >> thanks very much. japan's denstu has agreed to buy aegis. the combined group will become the leader. dentsu has agreed to pay almost a 50% premium to yesterday's closing price. shares up 45% so perhaps leaving some room for doubt in the deal. earlier the ceo of aegis spoke first to cnbc and said the deal much as good one for shareholders. >> this provides industrial shareholder base for aegis, great combination. first communications group born in the digital age. great news for our shareholders but very good news for other stakeholders. >> india's industrial output grew at a stronger than expected pace in may. up 2.4% from a year ago. we have more on this from mumbai. last time it was surprisingly weak figures now surprisingly strong, perhaps? >> well, actually it's a mixed bag. this number has been strong. a lot of positive coming in from manufacturing which is up 2.5%. we had mining too which was down which was a contraction but less so than the contraction earlier. all in all electricity was up. con

. >> the dow 12,871, taking a look at overseas trading in tokyo, the nikkei gained 63 points while in honor congress the hang sang shot up 294. >>> stocks revelled to stay out of the red on monday. news that u.s. manufacturing shrank for the first time in three years. industrial stocks still took a beating. best buy jumped 6% on reports that its company is aiming to take its company final. bristol-myers squibb agreed to buy it. dell won its bid to buy quest. meanwhile drug client galaxy joe smith sclien agreed to pay $3 billion, the largest fine ever in a health care fraud case for years including kickbacks, false advertising and failure to warn of health risks. >>> elsewhere microsoft admitted more than $6 billion buying an online company that basically went to waste. barclays chief bob diamond resigned. >>> a little good news if you are getting away by car for the fourth. on average, gas prices are 22 cents cheaper than last year at around $3.35 a gallon. and speaking of getting away, a new survey shows around 51% of executives are not checking in with the office while on vacation.

. >>> taking a look at overseas trading in tokyo the nikkei added four points while in hong kong the hang seng gained 28. >>> wall street will spend this week wondering what uts been all summer. when will more stimulus come from the fed? ben bernanke presents his sem any annual report to congress monday and tuesday. the imf releases its outlook today. lower estimates for lower economic growth could fuel fed action. in earnings the last four big banks, citigroup, goldman sachs, bank of america and morgan stanley. investors will watch for struggling yahoo! tomorrow. without a ceo since may, the company suffered a massive hack exposing log-in information for half a million users. >>> general electric, considered a bellwether for economy, and retail sales figures are due out today that and cpi should give a gauge of current consumer karma. jobless claims would bring it back into focus on thursday and ipo are slalted for palo alto, fender and derada therapeutics. palo alto is expected to attract the most interest. the price of a gallon of gas dropped seven cents over the last few weeks sn

taking a look at overseas trading this morning, in tokyo the nikkei nudged up 37 points but in hong kongthe hang seng lost 25. stocks closed near highs yesterday. a near expected rise in factory orders cheered investors who were kiss were disappointed by monday's report. the price of crude rose to its highest level since may after iran renewed threats in response to a european embargo. oil shot up nearly 5% to settle just under $88 a barrel. apple touched $600 a share after they rejected samsung's request to lift the sale of its galaxy tablet. >>> barclays chief officer became the third as part of an interest rate scandal which already claimed its ceo and chairman. >>> england's manchester united soccer club signed paperwork. better than expected monthly auto sales drove ford and general motors higher. toyota also got a boost from its improving sales. >>> and finally speaking of cars, check out this little guy. a tiny ultra compact electric model. only about 8 feet long and 3 1/2 feet wide. the single-seater goes. >>> o's near perfection and big serves pave the path for wimbledon finals.

in tokyo nikkei shot down 123 points. while in hong kong, the hang seng plummeted 372. >>> in the week of friday's disappointing jobs figures, wall street will have a new worry this week -- lower earnings. with american and european economies struggling, 42 companies, including ford and texas instruments, have already warned investors of lower profit expectations. as always, later today, alocoa leads to reporting. no one expects a repeat of last quarter's positive outlook. jpmorgan's chase's report will be watched for the total of the botched multibillion loss. they expect losses to be much higher. china, main driver of world growth, releases data, analysts expect to be gloomy at best. the most cloesly watched will be china's year to year gdp growth. with all of those dark clouds, wall street is looking for another round of ee3 from the fed. >>> as aerospace biggest industry, boeing is expecting to win a bid for 737 from ge capital services for over $9 billion, after telling england's "independent" they expect boeing to p

taking a look at oversea s trading this morning, in tokyo the nikkei was down 20 while in hong kong theang seng skidded 150. >>> renewed worries that spain may need a bailout sent global markets skidding monday. safety seekers pushed bond yields trord lows. more bad news came after the bale when moody's lowered the outlook of germ niece aaa rating from negative to stable. the global selloff also hit commodities. oil prices slid 4% settling just above $88 a barrel. global woes are also taking a toll on mcdonald's. the largest ham burrer chain fell short of both expectations for net income and refr knew. >>> else where on on the earnings friend texas instrument slid. keep an eye on apple today. it delivers earnings after the bell. cisco is cutting back with plans to lay off 1 3rkz 00 employees or 2% of its work force. pete's coffee & tee shot up after being acquired by a german company for $1 billion. >>> is to made by jim henson's company will not be popping up in kids' meals at chick-fil-a. it servered ties after the ceo's recent remarks regarding same-sex marriage saying the company pr

taking a look at overseas trading this morning, in tokyo the nikkei added 4 points while in hong kong the hang seng was up 67. >>> a roller coaster thursday left stocks down for a sixth day with two big blue tips preventing the dow from falling harder. procter and game bbl rose on an investor william ackman buying into the company. merck had a success ill trial of its new osteoporosis trial. infosys rose. on the plus side, texas industries broke a ten-quarter streak of losses posting a quarterly profit and surge 14g%. upbeat data didn't dent general gloom over sluggish earnings. initial state unemployment claims dropped to the lowest level in four years. >>> falling oil costs sent june's import prices fall big the most in more than three years. >>> moody's downgraded italy's bond grading by two notches just above junk status. more could be on the way. >>> wells fargo will pay $175,000 to resolve allegations that it charged blacks and hispanics more fees during the housing boom. they found 34,000 time wells fargo charged blacks and hispanics higher fees. but the bank which now funds on

. >>> taking a look at overseas trading this morning, in tokyo the nikkei shot down 122 points whilen hong kong the hang seng lost 25. >>> well, bad news from apple after the bell was a fitting end to a dreary tuesday. apple tumbled in late trade after reporting a rare earnings and revenue slip, some of which was tied to pending sales of the new iphone 5 but could still weigh down text stocks today. >>> weak manufacturing data and more troubles for europe added to the day's cautious tone. heavy hitting from ups and whirlpool all missed expectations. >>> more layoffs drove cisco down. meanwhile weak enrollment is forcing job cuts at devie. the education company pledged 25% on the news. >>> netflix spiraled after warning it may have trouble reaching year-end goals for new customers. >>> on the bright side, wall street welcomed austin's tex-mention restaurant chain chuy's to the nasdaq. >>> overseas japan report add record $37 billion trade deficit for the first half of the year. >>> meanwhile toyota said it sold just shy of 25 million vehicles in the first half which could put itm gene

taking a look at overseas trading in tokyo the nikkei shot down 161 points, while in hong kong the hangeng plummeted 587. >>> so far earning season has been much better than expected, but this week reports from three big companies will put that trend to the test. apple reports tomorrow and expectations are high. a strong showing could not only lift techs but the markets as a whole and give traders something to focus on other than euro debt. wednesday's focus will be on the dow and frults caterpillar. thursday facebook posts first results following disastrous ipo debut. facebook closed friday at $28 and change. its original price was $38 a share. >>> in asia this morning, the euro fell to a near 12-year low against the yen and all-time low against australian dollar with fears spain will eventually need a bigger bailout. >>> nrg energy struck a deal to buy genoon energy for $1.7 billion in stock forming the nation's largest independent power producer. >>> rupert murdoch resigned from the boards of several news corp. newspapers. o >>> the worldwide life federation ranks vietnam as the wors

taking a look at overseas trading this morning in tokyo the nikkei dipped 59 points while in hong kong the hang seng fell 8. >>> stocks edged lower thursday on jitters over job numbers coming out later today. june's government employment data is expected to show the economy added an anemic 90,000 jobs keeping hiring down. that will likely increase concerns of recovery here is losing steam. >>> light post-holiday volume along with those job worries put an end to the s&p 500's strongest three-day run of the year. financials were hit hard. jpmorgan chase fell over 4%. bank of america was off 3%. thursday's data showing stronger private hiring drew little attention. investors were also unmoved by chinese, european and english moves to lower rates which sent the euro lower against the dollar. lower in two and a half years. convinced that european debt is strangling growth here and i broad. meanwhile spain's ten-year borrowing costs rose despite the emergency aid plachblt costco's, macy's, kohl's, and target were among the major disappointing sales. t.j. maxx and home goods bucked that trend

in tokyo, the nikkei lost 24 points but in hong kong, the hang sang nudged up 99. >>> well, the biggest new this week will be friday's jobs report. news out of europe could tricker some market movement today. the european central bank is expected to cut the region's interest rates to a record low today. the move is seen as essential in easing the eurozone's debt crisis. elsewhere oversees moody's downgraded barclays crediting rating this morning. he was grilled by england's parliament yesterday for he apologized for, quote, reprehensible fixing by traders. >>> volkswagen has ended a seven-year takeover zba, paying more than $5.5 billion in cash for the majority stake in porsche that it didn't already own. >>> virgin, australia, has ordered 27 boeing 737 max airplanes. the price for those jets, $2.2 billion. >>> word on the street is apple's parts supplier is gearing up for mass production of a smaller less expensive ipad, which will reportedly be under 8 inches. the current ipad measures 9.7 inches. >>> renting an apartment in the u.s. just got more expensive last quarter. a new report

. >>> in tokyo, the nikkei skidded 39 points, while in hong kong the hang seng was down 31. >>> for a third straight session, stocks slid monday, thanks to worry over euro debt, asian weakness, and lower second quarter earnings. aluminum maker alcoa kicked off earnings after the bell posting a los. nefrms their profits still beat expectations and the growing aerospace and auto demand. alcoa edged up in late trade. >>> overseas spain's ten-year bond yield rose above the 10% crisis level. euro said they're now ready to give them new loans and a year to slash its budgets and to bail out terms for its country's banks. >> in asia, more signs of a chinese slowdown. imports rose more than expected while inflation eased to 259-month low. baek here at home, visa and mastercard fell on a downgrade blamed on consumer spending and sluggish growth. >>> warning revenue would fall on soft chinese and european sales. >>> reduced demand for coal and rising costed drove pave trot coal to file for bankruptcy. >>> bright spots? amerigroup soared $4.5 billion. intel will buy 157 of dutch chip maker asml f

a l k at overseas trading this morning, in tokyo, the nikkei added 4 points while the hang seng was up7. >> a rorl coaster thursday left stocks down for a sixth day with two big blue chips prevented the dow from falling harder. procter & gamble rose on a report thats ackman -- >> tech sales continued after a warning of sluggish sales, plunging 11%. texas industries broke a ten-quarter streak of losses, posting a quarterly profit and surging 13%. upbeat data didn't dent general's gloom over sluggish earnings. initial state unemployment claims dropped to the lowest level in four years. falling oil costs sent june's import prices falling by the most in more than three years. moody's downgraded italy's bond rating by two notches, just above junk status. further down grades could be on the way. wells fargo will pay $175 million to resolve allegations it charged blacks and hispanics higher rates and fees on mortgages during the housing boom. a government inves fouti 34,000 times wells fargo charged blacks higher fees and rates similar to white borrowerers. but the bank denied guilt insisting

japanese intervention into the euro market, further decline of the euro-yen should drive down the nikkei and a tougher intervention. the euro will keep depreciating not because of the concern but also the relative weakness of the euro area fundamentals, we expect the euro dollar will fall towards 115 in one-year time and also the euro-yen, close to all time low of 88. >> let's take a look at the latest market figures. >> astronauts on the space station are waiting on a cargo ship that shipped out on saturday. >> it was a fast launch from the space station accessible. for getting satellite into space, businesses will be able to explore that technology. the japanese space station on saturday, a astronaut will use robotic arm to use cube sat in september. >> reporter: on saturday, the rocket carried five cube sats. they are ten centimeter cubes that the satellites pack a lot of scientific power. they are a way for researchers to get the platform in space. students at japanese university, build them. it is called niwaka. officials at the space agency set strict limits on size and weight so t

tokyo's nikkei rose almost 0.7% while the hang seng in hong kong was up just under 1%. >>> business is chrysler. the american car-maker reported a $436 million profit in the second quarter this year. quite a turn-around from last year, when it lost $370 million. it was the best quarter for chrysler since the company emerged from bankruptcy. >>> a two-day rally on wall street was snapped on monday. the dow posted a minor two-point loss, while the nasdaq dipped 12 points. >>> a jury has been selected in the trial pitting apple against samsung. apple claims samsung's smartphones and tablet computers are illegal knock-offs of the iphone and ipad. samsung claims the designs are industry standards that have been around for years. lawyers for both sides are expected to make opening arguments today. >>> meanwhile, apple is reporting brisk sales of its newest mcintosh operating system. the company says users downloaded 3 million copies of mountain lion in the first four days it was available. the software costs $20 but is free to customers who bought a mac computer on or after june 11th. and i

. >>> and checking stocks, beginning with tokyo's nikkei average. down 122. hang seng down 39 and footsie is lower. wall street, the dow 104, nasdaq index lost 37. >> looks like the federal reserve will do something to stimulate the economy. particularly in jobs, they can take action as soon as next week's meeting. but may wait until the september meeting. >>> one contributing factor to the economic sluggishness is that we're not replacing our cars as quickly. an informal survey finds four out of five drivers waiting ten years or more before buying a new car. auto md.com said that trend is likely to continue. >> nothing better than writing off that last payment and no more car payment. >> bye-bye car payment. yeah. >>> instead of saving money a purchase at a thrift store could make money for an aspiring artist. beth paid 10 bucks for this painting at goodwill. >> but research identified it as vertical square. it will be auctioned this fall and get this, it's expected to sell for $15,000 to $20,000. >> that's a nice roi, isn't it? >> not bad, not bad. enjoy th