the nikkei and the topix in and out of positive territory. the nikkei just marginally in the negative a couple seconds ago, it was in the positive. the topix also margin a.m.ly in the positive will we'll see how that develops during the day. investors are not convinced the shutdown will be that prolonged. and the big question is how the government is going to deal with the debt ceiling in a few weeks. here in japan, let's focus on the consumption tax due to take effect next april, is also hilted along with the sentiments. investors really focusing on how the government is going to put into effect a huge economic stimulus, worth about $50 billion, which the government is promoting to offset the negative impact from the sales tax hikes. we'll see how that plays in the market as well. >> currency remains a focus for investors. where do we stand this morning? >> let's have been a look at that. the dollar/yen is a big focus for investors. it remains under selling pressure on uncertainty of the fate of the u.s. federal budget. the euro/yen has gain

and a kickoff with the nikkei. down 12.2% today. the bank of japan, no hope to change its monetary policy or ease any further. just add some stocks down there, as well. sony's struggling tv business has seen it cut its profit outlook. panasonic and sharp heading back to the black. shanghai composite, that's down 0. 8% despite the fact that china's central bank pumped more money into the system and it did bring down money market. not much help for the shanghai. down with the rest of the global equity markets. the hang seng off 0.4%. & s&p asx down 0.1%. the aussie today stronger, had some strong housing data out of australia which suggests it will be less reasons for any rate cuts from the rba in the future. now, u.s. futures, the dow was down, what, 51 points yesterday,

that's all from nikkei business report.to you. >> yukako, thank you. >>> asia tomorrow we'll watch shares of samsung, rising ahead of the guidance. the latest policy decision after a tax hike announcement and india, the pmi due there. >>> game on, investors, cannot seem to get enough of the chinese internet space and the largest game developer forgame saw a huge jump closing 32% higher. enormous interest in the $206 million ipo which was 313 times over subscribed. eric cho analyst at ccb international joins us from hong kong. eric, the chinese internet space has been doing incredibly, incredibly well this year. this is quite a difference, marley firms listed in the u.s. they've had a bit of a downturn over the last few years when investors lost trust in chinese companies overall. do you think this revival will last and was this latest ipo an indication of that from forgame? >> yes, today this year the china internet behaves quite good in terms of share price and a lot of companies buying the q to get listed. i think it's a

the nikkei 225 stomach tumbled nearly 3%.n china, investors took profits in some of those lofty valued media sectors. the hang seng index in hong kong lost 0.6%. meanwhile, south korea's kospi lost 0.6%. this weighed down by technology shares and financials. but australia, once again, outperformed its asian peers, pushing up to a five-year high with financials in energy stocks lending support. we're watching chinese banks. while the country launches a new benchmark lending rate to push forward interest rate liberalization, mainland listed mid sized bank as they gained traction today. ping an bank added 3% after a 7% value over the past two sessions. but banking majors listed in hong kong showed weakness today as the central bank continued to tighten, push up money rates. the big four banks, they slipped over 1% in today's trade. meanwhile, in japan's softbank was among the biggest losers and shares tumbled almost 5% after reports that china's alibaba group may delay its plan to go public. the mobile carrier has a roughly 7% s

way to sidestep this buffer we'll tell you all about it and after taking a pummeling overnight the nikkei stock index is sorting out the effects of all they know next to seen charts the volatility in the yen and john mauldin joins us to weigh in on the dangers that lie ahead for the japanese economy lou and finally rich well talks about an emerging market political risk from the collapse in the paper gold to the reciprocal of speaking of which will even tell you where gold grows on trees no lie we're going to tell you where. let's get to the ship. the greatest chaos during the financial panic came right after the lehman brothers bankruptcy that's when the short term funding market dried up and banks brokers and hedge funds alike all scrambled for cash except for goldman sachs of course as explained by c.e.o. lloyd blankfein in two thousand and nine. the money. which you understand how that occurred and everybody was asked to do it explain you didn't want the money in other words so you're saying it wasn't helpful at the time i didn't realize it was so pregnant what mr blankfein didn't cou

nikkei up by 0.5%. seoul up by almost 0.5.i and hong kong are closed today for holiday. >> ben collette, sunrise brokers, joining us live from hong kong. what do you make of this ho hum so far reaction from the asian markets? >> well, you know, i think by and large it really sums up the fact that no one, certainly investors in asia and outside of asia, looking in know what to do. know what to do in response to this. we've seen, as far as the southeast asian currencies go, we've seen those come off significantly ahead of ben bernanke's expected tapering, but wasn't actually to be. now we're seeing the those invested in the market, how to interpret this information. we thinks that the net outcome of this for the next two weeks is going to be essentially a lack of volume going through the market. we really -- we really seeing an absence of direction here. without wanting to -- without wanting to be vague, i think the markets are very, very confused. one thing that is actually not confusing is the risk appetite is very, very low r

the nikkei is up 1.5%. weaker yen against the dollar led support to exporter storks and over in china, the shanghai composite rebounded 1.7% thanks to positive september auto sales in hopes of more deals in the shanghai free trade zone. and a top central bank governor says the world's second largest economy 2013 gdp will exceed 7.5%. south korea's kospi grew by 1.17%. fast retailing ended down by over 3%. meanwhile, free trade concepts in china are once again let in the gates after a report that finance and trade zone development entered an agreement to create an internet becaused service platform. if you look at these shanghai based companies, property developers lujiazui, jinqiao and orient international surged up by 10%. >> sixuan, have a great weekend. it will be starting for you shortly pop. >>> meanwhile, white house staffers have been meeting through the night and into the morning trying to negotiable a possible deal. president obama met with republican leaders for 90 minutes thursday evening. it was

the nikkei 225 climbed to a one-week high.ut china markets pulled back after two days of gains while stocks remained range bound. in australia, the latest jobs data extend lower expectations for further rate cuts. and the asx 200 lost modest 0.1 pefrs. moving china some related stocks outperformed the broader index on speculation the northern chinese port city may get free trade zone approval. property developer jinbin and tj songjiang surged 10% and 3% respectively. and tianjin marine surged almost 6%. these were up yesterday by 10% and they continued their upward trend in today's session. back to you. >> sixuan, thank you so much for that. >>> president obama met with house democrats at the white house wednesday evening. he told them to be prepared for give-and-take in budget talks. house speaker john boehner is only sending 18 leaders and committee chairs. reports say house republicans are considering a short-term increase in the u.s. debt limit to buy time for broader policy discussions. on wednesday, republican senator su

nikkei closing up 0.8%. the s&p asx up 0.3% and the s&p index in india down about 0.3%. on the bond markets, the reaction was in u.s. treasury. the debt kreeld 2.6158%. that is pretty much where we were preshutdown. so a big rally in the ten year. as far as currency markets are concerned, the dollar/yen got up to 99 earlier. asian session right now, dollar/yen back down to 97.90. euro/dollar, back over the 136 mark. later in trade, we were down to 1.3472. the pound back over 1.60 is where we were yesterday. what happens now? we're joined by john hardy head of fx strategy at saxo bank and with me on set mark castillo chairman of the bankers group. john, let's kick off with you first of all. there had been some thought about whether we would see a slowdown in demand long-term impact for u.s. aspects. do you actually see that happening? >> well i think what we see here is a case where because we've nearly seen a temporary delay of a few months the market is very uncertain on whether wire going to see this fight crop up again in a few months time. and, of course it keeps the

the nikkei is reporting this number is expected to be cut by around 30% in 2014.ctually, there are voices that the subsidy itself should be scrapped. but while the agricultural ministry and lawmakers who have a large support base of farmers remain cautious, it's not clear that this will come to an agreement. discussions are due to kick off tomorrow. that's all from nikkei business report. back over to you, louisa. >> thank you very much. we'll see you very soon again. >>> now, we've been asking today, if you were inventing an ice cream flavor to celebrate the cnbc team, the anchormen and the anchor women coming in conjunction with anchorman 2, now due to hit the movie screens, we're asking which ice cream flavors would be best? jeff j treats ice cream for mandy, in the states, mandy drury has to include gold flakes like gold schlager europe. joe kernen stateside moose track sess a flavor he would call joe kernen's ice cream. jeff writing in saying, good morning, i'm stuck in big traffic accident listening to you on xm radio. hello, jeff. i hope the traffic flows s

and the nikkei, up, more on this reaction.o the expectation was, john, that this deal would be reached, even though it would be a last-minute deal. so there is relief, but not surprise. >> indeed, in hong kong after spending time at the world energy congress in south korea, where we spoke to major leaders about this debt crisis, i'll get to that in just a moment. we've seen an asian rally market, let's take the screen shot again. the nikkei was trading better than 1%, most trading a half if not three quarters of a percent, going back to the opening hours in asia, we saw dollar-backed assets rising, as well. gold up $5, that is trailing, we saw the dollar stronger with the yen, that is trailing, oils coming off of the high today, there is relief about the rally, but it is not helping the dollar-paced assets, investors were not surprised the deal was done, worry that the u.s. cannot get its house in order is the buzz word here, in asia, it is the same thing about the markets, as well. a disappointment time and time again, this c

whistleblowers who awarded snowden for integrity in intelligence their discounts towle the nikkei's getting used to his new life in russia and what his main concerns out there are doing remarkably well under the circumstances in which he came here and we've we've obviously covered his story extensively on this channel so we're obviously going to find out personally i was you know what you look at these days i thought he looked great he seemed very centered and and. brilliant smart funny very engaged. i thought he looked very well. considering the amount of pressure. do you think that's taking any toll at all and the psychological toll i think it would in ordinary circumstances but this is an extraordinary person he's made his peace with what he did he's convinced that he put he did was right he has no regrets and he's willing to face whatever the future holds for him do you agree with that as well as the person you saw in front of you kohli yes actually we discussed this intel integrity in intelligence issue quite extensively and we talked about prior examples of great people in history tha

tokyo's nikkei fell 1%. hong kong's hang seng dropped half a percent. the dow jones lost 136 points. the nasdaq composite was lower by 40 points. >>> the first friday of the month the labor department issued its jobs report, but not this friday. the september jobs report is being postponed because of the government shutdown. the workers who crunched the numbers among the 800,000 federal employees who have been furloughed. >>> good news if you're buying a home. mortgage rates dropped for the third consecutive week. 30-year fixed rate mortgages are averaging 4.22%. 15-year mortgages are at 3.29%. that's the lowest level since june. economist says they likely have leveled off. >>> twitter says it hopes to raise up to $1 billion in its initial bank offering. twitter disclosed it's never turned a profit and has lost $419 million since it was formed in 2006. twitter has more than 218 million active users as of june. >>> and instagram says it's going start showing advertisements. the mobile sharing app says it will focus on showing a small number of high-quali

japan's nikkei ended upper by 0.1%. in sectors as steelmakers were held back by losses in financials and technology shares. the kospi still ended higher by a modest 0.1%. and in australia, the asx up 0.4%. back to you. >> sixuan, thanks for that. see you a little bit later. now, shares of the designer are better than expected. arm post add near 40% jump in pretax profits. they said earlier the rise of lower cost phones present big technology issues. >> even in the low end smartphone, there's an opportunity for many components. and we see generally that growth of low end and entry level phones in developing countries as a huge, positive trend for its partners. >> joining me in the studios, nick james, director for equity research. there we go, nick. why is the market being a bit sniffly today? >> i think we all agree that lowend smart phones are a growth opportunity. lowend smartphones are substantially cheaper than the high end smartphones. so high-end smartphones sell for over $400. these hand sets are selling in asia

we have the story from the nikkei. toshiko. >> hi, ross. japan's minister of finance says its current account surplus slipped 64% on the year to $1.6 billion, driving this was a larger trade deficit outweighing returns from overseas investments. competitiveness overseas, it's pushing up import costs. japans investing more overseas, but foreign companies in japan are sending more profits back home, pulling the income down. but some economists are optim t optimistic saying the current account sur is plus will likely expand gradually and are recovering exports. ross, back to you. >> all right, toshiko, thanks for that. charlie, what do you think of japan right now? >> it's been a strong story. and the aggressive plans from the bank of japan have, again, if the story of confidence, that they've management to start a process of starting to pull out of this deflationary trap. but there's big hurdles. the last time they did it, it didn't end well. it threw the economy back into a deep recession. so they're really going to have to -- they're really

the nikkei 225 had its worst day in about 20 days as a stronger yen hit exporter stocks.na markets lost ground with profit taking and smaller cap stocks after the recent gains. this, for example, some media and agriculture shares took the brunt of the selling. but on the other hand, banking shares, in fact, got a boost this after pingan bank's strong results. and the shanghai deposit lost 1.2%. the shenzhen stumbled over 2%. the hang seng index lost 1.4%. over in south korea, did kospi down about 1% in australia's asx 200. pulled back modestly from its five-year highs. asian markets are in the green today possibly on hopes of further stimulus. now for a look at apple's asian suppliers, mostly getting the thumbs down after apple's new product launches. lg display understanding higher by 1.2%. tpk dumbled over 6% in today's session. back to you. >> sixuan, thanks for that. >>> the european central bank has outlined how determined which of the region's financials still need to improve their balance sheets. the man in charge of that says european back stops will be availabili

tokyo's nikkei fell 2%. hong kong's hang seng added half a percent.e first day of the government shutdown didn't seem to impact investors on wall street. the dow finish the day at 62 points. the nasdaq climbed 46. >>> it was technology stocks that lifted the nasdaq to reaching a milestone in a recovery from the recession. "usa today" reports it's the first of the big indices to triple in value from its march 2009 low. the tech-heavy exchange received much of its gains from surging pharmaceutical and retail stocks as well as new companies such as facebook, linked in, and yelp. icahn says he wants to buy back apple stock. he believes the company is undervalued, with the stock price down 30% at its peak, turning it into a bargain. it comes following a dinner meeting with ceo tim cook just weeks after icahn said he invested $2 billion in apple. >>> experts blame an earlier labor day this year for a dip in total auto sales for september. it means cars sold during the holiday counted in august numbers. overall sales fell 4%. among u.s. automakers, gm posted

the nikkei 225 finished higher by 0.2%. china markets under pressure today with real estate stocks leading the losses on fears of fresh property curves and the shanghai composite ended down by almost 2%. elsewhere, hong kong and taiwan both lost about 0.4% in south korea. the kospi ended lower by 0.3%. despite the foreign buyer frenzy for the session. being the longest buying streak in kospi's history. as for some individual movers, over in hong kong, lots of movement for the free tv license. pccw and fantastic tv, they both obtained initial tables and shares of icable more than doubled today. pccw gained almost 5%. on the other hand, congress long tv was rejected and the company will lay off more than 300 employees. so how important that tv license is, ross. >> sixuan, thanks very much indeed for that. now, we're only two games to super sales name, is softbank taking a gamble on the gaming company? we'll talk about that still to come. plus, with the debt ceiling just a little bit more real today, we'll take the chance to l

at the end of the year because you will have been correct on one of your predictions. >> about the nikkeican't let the yen do this. can't let the yen continue to get stronger to david's point. >> they can't. >> you know, they're not going to do it, not going to sit back and do nothing. >> i agree into they're not our over. >> i agree. >> only talking your book. >> fake book. >> would that be memoirs of a geisha book. >> part two. >> thank you very much. the link to the president's website just hacked. we're going to have news coming into the cnbc newsroom next. >> and later on, some outrage. mcdonald's is bagging heinz ketchup. wow. will that cut the mustard with investors? werm we're going to find out. another big blow to the carmakers and a billionaire's epic implosion. the last one was terrible. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size pri

the nikkei is up over 1%. it is on its longest winning streak in over seven months.rean shares are up about 0.5%. here in hong kong, stocks are up about 0.5% as well. the dollar has tested three-week highs versus the yen. the dollar, tapping a one-month high on relief over a u.s. debt deal. turning to corporate news, french gary firm danone has cut its sales and profit goals after an asian recall of infant formula had a worse than expected impact on its baby food division. china is an important market for danone. the company, however, has faced a variety of problems in china this year, including a price- fixing scandal and an infant formula recall. equity capital markets here in asia-pacific expecting a busy day uncertainty on thursday with three ipos worth about $1.7 billion, pricing in this -- in the philippines and malaysia. the largest of the deals will come from malaysia where umw oil and gas will go public. another $580 million deal in south korea. traveler international's ipo could fetch up to $430 million in the philippines. the ipos are all expected to price

tokyo's nikkei gained a quarter percent that's after confidence grew to a six-year high. south korea's kospi rose a fraction. the dow jones industrials lost 128 points. the nasdaq composite was down 10 points. significant damage to the economy isn't likely unless the government shutdown lasts more than a few days. for now, most investors aren't panicking but market analyst liz ann sonders said that could change. >> given this latest dysfunction around a potential shutdown and for the debt ceiling shutdown, i would expect another hit with consumer confidence, business confidence and even investor confidence. >> during the last shutdown 17 years ago, the s&p 500 federal nearly 4%. but the month after the shutdown ended stocks rebounded 10.5%. just the prospect of a government shutdown sent oil prices lower. benchmark delivery dropped 54 cents to $191 a barrel on the new york mercantile exchange. gold and other metals fell as well. the government shutdown will also affect key economic indicators that means some of the indicators that drive the markets won't be available. the

tokyo's nikkei lost nearly 2%. hong kong's hang seng fell more than 1%.ct of more economic stimulus from the fed pushed u.s. stocks higher. the dow climbed 75 points. the nasdaq added 9.5 points. the september jobs report came in lower than expected, indicating a slowing economy. last month employers added just 148,000 jobs, a steep drop from the 193,000 in august. and the white house says october is likely to be worse, but the unemployment rate did drop to 7.2%. >>> more fallout from the government shutdown. the irs says it's delaying the start of next year's filing season by up to two weeks. the delay will mainly affect early filers. the irs says it needs more time to update the computer programs used to process returns, but the april 15th deadline for filing tax returns will not change. >>> some good news for drivers. gas prices are near a nine-month low. aaa says the average price of an unleaded gallon is $3.34. that's 32 cents lower than a year ago. analyst expect the lower prices to prevail well into next year. >>> and the tablet wars are heating up

at the nikkei 225 lost 5% on the week. over in hong kong, index china mobile took a hit on reports of new rules favoring its competitors. and the hang seng lost 0.3% today. tax ba tech space in the spotlight. samsung another record quarter of operating profit. while growth may be up close to 28%, that's still a pull back from their previous quarter growth rate of 47%. competition in the smartphone market continues to heat up and analysts are less than thrilled by the prospects of the much hyped smart watch. and sam snksung share ended on floot line. meanwhile htc ended in the green. higher by 1.5%.floot line. meanwhile htc ended in the green. higher by 1.5%.klafloot line. meanwhile htc ended in the green. higher by 1.5%.tfloot line. meanwhile htc ended in the green. higher by 1.5%.floot line. meanwhile htc ended in the green. higher by 1.5%.floot line. meanwhile htc ended in the green. higher by 1.5%.floot line. meanwhile htc ended in the green. higher by 1.5%.floot line. meanwhile htc ended in the green. higher by 1.5%.la

calling the nikkei, calling europe and excellent choice? spousal education. >> all right. she'll appreciate that. >> reminder a live shot of capitol hill. senators are expected to break from lunch. hopefully maybe make comments. nobody i don't think has asked the podium what he or she thinks. we're going to take it live when that happens. >> fairly -- >> let's bring in kate kelly. you've been working the phones you always do to figure out what hedge funds are thinking and/or hopefully doing during this uncertain time. what have you learned? >> interestingly i spoke to a number of hedge fund traders. they are not that worried. the fear trade is essentially not on. if you look at things like gold which could be expected to rally if your trade were more pervasive or the vix which has come off since last week, it reached a three-month high since the middle or late part of june, and it's come off since then, you can see that fear has died down. they seem to think we will have a deal some way somehow between now and the ceiling deadline. >> because they think it would be so cata

tokyo's nikkei added a quarter percent. hong kong's hang seng gained 1%.es of the largest financial firm met with obama yesterday pressing for a resolution to the budget standoff. the dow jones lost 58 points, the nasdaq was down three points. >>> tesla, the electric carmaker, says a fire that destroyed one of its expensive model s cars was caused when a metal object hit one of the car's batteries. shares of tesla motors fell more than 6% when an internet video showed the car on fire. it was the stock's biggest decline since july. the driver said he struck something on the road. >>> the empire state realty trust said it raised more than $750 million in its initial offerings. the investment track owns the empire state building and 11 other buildings in new york and connecticut. it sold 71.5 shares for $13 a share. >>> it is not too early to start thinking about that holiday shopping. americans are expected to spend more this year than last. the national retail federation says americans are increasingly optimistic about the economy. sales in november and dec

tokyo's nikkei lost more than 1%. hong kong's hang seng slid half a percent. >>> social security benefit checks won't be going up much next year. as prices for consumer products remain relatively steady. the cost-of-living adjustment will be 1.5% next year or about $19 a month for the average retiree or disabled worker. >>> republican senator lindsey graham is threatening to block obama's pick for the fed after last year's terrorist conflict in benghazi. he said he'll hold up the nomination of janet yellen to force the government to talk with survivors. they say it could put their safety and criminal investigations at risk. >> and pretty soon you'll have to be just as old to buy a cigarette as you do to buy a beer in new york city. the city council voted last night to raise the age to buy tobacco including e-cigarettes to 21. new jersey and hawaii are considering a similar bill. anne-marie? >> when dill gillette at the new york stock change. thank you, wendy. >>> coming up on the "morning news," new-spying allegations

tokyo's nikkei fell more than 1%. hong kong's hang seng lost half a percent. a strong ending to the week on wall street wasn't enough to undo the damage to the dow as investors worry about the ongoing government shutdown. the dow shed 259 points last week while the nasdaq finished the week up 20. >>> japan airlines announced this morning it's ordering a dozens of new jets from airbus. they're ordering a-350 jets worth $9.5 billion with an option to buy another 25 of the planes. it's to defeat boeing which has long dominated the japanese market. >>> good news for commuters this morning if you're stopping by the gas station on your way to work to fill up. the latest lundberg found the price plunged 14 cents. the average stands at $3.38. >>> "gravity" opened over the weekend. the 3-d space drama starring sandra bullock and george clooney made more than $55 million in its debt weekend. falling to second place "cloudy with a chance of meatballs 2" er and at $22.5 million and "runner, runner" starring justin timberlake opened. earning $7.5 million. >> gigi stone of

tokyo's nikkei added a quarter%. hong kong's hang seng gained 1%. >>> with the government shut down beginning to bear on investors, wall street endured a down day, with stocks finishing at their lowest in a month. the dow ended the day another 136 points. while the nasdaq shed 37. >>> aluminum giant alcoa reveals its earnings report today. it comes a day after an analyst lowered the target for the company due to a recent fall in aluminum prices, sending the stocks falling 1.4% before trading. big banks will begin releasing their reports on friday. >>> americans will be keeping their credit cards in their wallets. cutting back on spending for the third consecutive month. americans' credit card debt fell $883 million to about $860 billion which experts fear could stun economic blow. the overall borrowing increased to a record $8.6 billion in august. driven entirely by auto and student loans. >>> there's a public health alert after nearly 300 people were sickened by salmonella. the u.s. department of agriculture on mond

in japan, fushiko has more for us from the nikkei. >> hi, ross.ony's latest data is called the smart watch 2 designed to work with a variety of smartphones. the new wearable device goes on sale next friday in japan. with a three to four-day battery life and a 1.6 inches display, it let's users check e-mails, texts and social net, woulding updates. you can't talk through your watch, but you can send out messages using your gadget. the device can display images and list of music on the linked phone and it costs about $14,8el 00 yen, about $150. sony was at the forefront of wearable tech, release ago phone-linked watch. but it's now up against samsung's smart watch. the sony ceo says he wants the company to make it into the top three smartphonemakers by coming up with distinctive products, like a wireless device that sharply shortens smartphone battery charging time. ross, back to you. >> okay. thanks for that. good to see you. have a great weekend, fushiko. >>> after months of market rumors, lenovo has signed a nondisclosure packet to look at the ha

tokyo's nikkei added 1% giving it a three-week high and hong kong's hang seng gained half a percent.onger corporate profits. the dow gained more than 162 points for the week. the nasdaq was 122 points high . in washington a bipartisan group of house and senate negotiators is working to avert another government shutdown. standard & poor's estimates the 16-day part shall shutdown cost the country an estimate 24d billion. leaders say another shutdown is not an option. >> the american people are working hard to come back from the world's worst recession. this can never happen again. >> a number of us were saying back in july this strategy could not and would not work, and of course, it didn't. there will not be another government shutdown, you can count on that. >> the government is funded through january 15th. >>> the nation's largest telephone company at&t is leasing or selling the rights to 9,700 wireless towers. the deal with the company called crown castle is worth nearly $5 billion. at&t says it won't have any impact on its customers. at&t will sublease room on the towers for at le

tokyo's nikkei rose nearly 2%.ong kong's hang seng added half a percent. >>> apple releases its latest quarterly earnings today after the stock market closes. a month ago apple said it expected revenue of up to $37 billion. analysts will be watching closely the sales figures for apple's two newest smartphones. the iphone 5c and 5 ps. >>> strong third quarter results propelled stocks to their third straight weekly gain. the dow finished 60 points higher. the nasdaq gained 29 points. >>> the initial public offering was a success. twitter will be the largest tech ipo since facebook went public last year. that offering on the nasdaq exchange was troubled by trading delays and order failures. twitter is expected to go public sometime before thanksgiving. >>> an overwhelming number of workers who are age 50 or older say they're generally happy with their jobs. nine and in ten older workers say they're somewhat satisfied with their jobs. that's according to an "associated press" survey. the reason, older workers have gene

tokyo's nikkei gained half a percent. south korea's rose a faction. the dow jones industrials lost 128 points. the nasdaq composite was down 10 points. significant damage to the economy isn't likely unless the government shutdown lasts more than a few days. for now, most investors aren't panicking but market analyst liz ann sonders said that could change. >> given the latest potential for the debt ceiling shutdown, i would expect another hit with consumer confidence, business confidence and even investor confidence. >> s&p fell nearly 4.5% but stocks rebounded 10.5%. just the prospect of a government shutdown sent oil prices lower. benchmark delivery dropped 51 cents to $191 a barrel on the new york america can tile exchange. gold and other metals fell as well. the government shutdown will also affect key economic indicators that means some of the indicators that drive the markets won't be available. it may still be released on time but construction and factory orders will be delayed. and the s&p will continue reviewing applications for initial public

tokyo's nikkei gained 1%. hong kong's hang seng added 2%. >>> the largest u.s.the government tentatively agreed to a $13 billion settlement over the bank's mortgage bond. it's reported the bank doesn't want to pay for mistakes paid by a failed mortgage lender if bought before the financial crisis. >>> the new york state attorney general is looking into complaints of discrimination against two stores, barneys and macy macy's. in total three were filed by three black customers. they want to meet with store executives and is demanding information on store policies regarding racial profiling. >>> silicon valley has a new historic site. >> the home where am co-founder steve jobs grew up. jobs and steve woz nee yak built the first 100 computers there. the house is currently owned by jobs' sister. >>> the buyer was an anonymous american. the house is close to penny lane which inspired the beatles' song. quite some history. thanks a lot, gigi. >>> coming up in sports, the miami heat raised their latest championship banner and a soccer ref cannot seem to keep the peace.

tokyo's nikkei added 1% while hong kong's hang seng lost half a percent. wall street faired worse over the shutdown. yesterday the s&p 500 fell 20 points while the nasdaq fell 756789 both the biggest one-day losses in six weeks. >>> expect to pay more to heat your home this winter with energy prices on the rise. there is one exception, heating oil which the government expect to cost you 2% less than last year's record-breaking prices. natural gas surged 13% while home's heated by electricity will pay about 2% more. >>> and the world's first smartphone with a curved display went on sale today in south korea. samsung's galaxy road has a 5.7-inch screen with a slight curve. samsung says it provide as more comfortable grip than the flat screen phones. the company hasn't decided whether to release it outside of korea. >>> a bankrupt company operating under a new identity after it stocks were surging. it was after twitter announced its upcoming ipo. it's one letter different than what twitter chose and it isn't even yet available to buy. >>> and neiman marcus is

tokyo's nikkei gained half a percent. wall street endured a down day with stocks finishing at their lowest in a month. the dow ended the day another 136 points. while the nasdaq shed 37. >>> aluminum giant alcoa reveals its earnings report it comes after an analyst lowered the target due to a recent fall in recent prices sending its stocks 1.4% before trading. >>> american, keeping their credit cards in their wallets, cutting back on spending for the third consecutive month. americans' credit card debt fell $883 million to about $860 billion which experts fear could stun economic blow. the overall borrowing increased to a record $8.6 billion in august. >>> there's a public health alert after 300 people were sickened by salmonella. salmonella outbreaks in 18 states, most in california. foster farms says the illnesses were caused by eating undercooked or improperly handled chicken. >>> new 100 dollar bills circulate intended to make the bills a lot harder to counterfeit. it's the first redesign since 1996. and includes a va

tokyo's nikkei added a fraction, "the hunger games" -- hong kong's hang seng lost half a percent. government shutdown delayed jobs reports due out today. economists estimate jobs added up from 169,000 added in august. the unemployment rate is expected to stay at around 7.3%. >>> on wall street, the s&p index hit a record high closing a fraction of a point higher. the nasdaq finished nearly 6 points higher and the dow slipped 7 points. >>> netflix earnings quadrupled during the third quarter. the popular internet subscription service attracted 1.3 million subscribers during september. next netflix has expanded its offerings. netflix now has 31 million subscribers in the u.s., more than hbo is believed to have. >>> south korean automaker hyundai is recalling 27,500 of its genesis sedans in the u.s. at issue is a potential brake problem in model years 2009 to 2012. the cars in question need their break fluid replaced. owners can bring their cars to hyundai dealers for the service at no charge. >>> and apple is expected to introduce its latest ipad today. the standard size model is ex

tock owe's nikkei added half a percent. hong kong's hang seng lost half a percent.e corporate earnings sent the stock lower on wall street. the dow lost 54 point, the nasdaq fell 22 points. >>> apparently billionaire carl icahn is putting pressure on am's ceo tim cook. he wants him to do more to raise the price of apple stock. icahn tweeted that he sent cook a letter yesterday. he lobbied that he spent $100 million to buy back apple shares. icahn has about $2 billion invested in apple. apple's stock closed at about $535 yesterday. >>> the irs isn't known for flexibility when it comes to back taxes yet the irs inspector general says 700 of the agency's own contractors owe more than $5 million. most are in violation of irs rules. employees and contract workers are required to comply with federal tax laws. >>> and a wedding ring will be sold today that was owned by lee harvey oswald. he's the man who shot president kennedy nearly 50 years ago. oswald left the ring at home the day of the assassination. it's one of nearly 300 items related to the former president that wi

tokyo's nikkei fell more than 2%. hong kong's hang seng lost half a percent.t were pushed higher. following some good news on the corporate earnings front. both ford and southwest airlines reported strong third quarter profits. the dow jones industrial average rose almost 96 points. the nasdaq composite closed almost 22 points higher. >>> bank of america is cutting thousands of jobs, most of the layoffs coming in its mortgage division. the nation's second largest bank is laying off 1,200 employees this week and another 3,000 in the fourth quarter. bank of measure says the move is in response to a significant drop in refinancing applications. >>> the food & drug administration is recommending new administrations on drugs such as hydrocodone. hydrocodone is found in drugs formulas. it's the most widely prescribed drug in the u.s. and they want hydrocodone to be subject to the same restrictions like morphine. >>> the new york-based department store barneys says it will review its policies after a shopper filed a discrimination lawsuit. two african-american shoppe

the nikkei is up at 14,509. market sentiment is somewhat being boosted by a pause in the yen's strength and the business sentiments which shows signs of improvement. and i believe you have more on that. the broader topix is higher by 0.26%. a positive start to the first trading day of the month. >>> some other economic data has been released out of japan. the unemployment rate in japan is at 4.1% in august, higher than market expectations. we'll see how it plays into the markets, as well. still, trading may be cautious as the fate of the u.s. budget remains unclear. china's markets are closed for theed which go ed whiced which holiday. >> there are a few political issues globally, but investors are pulling their money out of the yen which is usually seen as a relatively safer asset. >> yes, that's because the yen has been overbought in the past few days. unless they can look at dollar/yen first, it's currently at 98.33-38, recovering from a one-month low on monday. some traders bought back the u.s. currency due