following the news of nomura's eurozone debt price, it closed up 2.5%. it has a long way to climb back. moody's has placed the bank on review. its rating could be lowered to just one notch above junk. andrew? >> ramy, thanks very much for that. still to come on "world business today," strong retail figures on optimism on the employment front may only offer a short-lived reprieve for the u.s. we'll tell you what fitch has to say about the health of the world's biggest economy in just a moment. and you now understand what nature's been hiding. ♪ at dow we understand the difference between innovation and invention. invention is important. it's the beginning. it's the spark. but innovation is where we actually create value for dow, for society, and for the world. ♪ at dow, we're constantly searching for how to use our fundamental knowledge of chemistry to solve these difficult problems. science is definitive. there is a right answer out there. [ male announcer ] the same 117 elements do the fundamental work of chemistry. ♪ the difference, the one element tha

up billions in the greek government bonds, would use -- lose some 22.5 billion euros, according to nomura. there remains plenty at stake for greece itself, which has already stretched to the elements. the country would -- to the limits. the country would lose out on a portion of the rescue funds. greek bank could have to forgo a 50 billion euros they are owed. that would cause a credit crunch. employers would be hard-pressed to pay their staff. unemployment would continue to grow. some economists also fear that greek bankruptcy could trigger a domino effect that would bring down other members like italy and spain. some fear that could trigger the end of the euro. other experts say could mark a beginning -- new beginning. >> the greeks reject the a government -- the government austerity program. how will this play out? i talked to someone from the frankfurt school of financial management. >> i think the majority of the greek people will, at the end of the day, agree, at least the referendum, and support the papandreou government, because the people know if greece fails in this referendum,

later today we're going to have earnings from mitsubishi corporation, nomura holdings as well as hitachi and of course the ism manufacturing data to look forward to in the u.s. the nikkei now down over 100 points. back to you. >> thanks, ramin. the nikkei back in 8,800 territory. ramin mellegard from the tokyo stock exchange. >>> and now let me get you a look at some other market figures. that's all for now in business news. back to catherine now >> thanks very much, ai. >>> parts of the thai capital bangkok were still inundated with floodwater on monday as the water surged on the outskirts of the city. the flooding came within two kilometers of the capital's disaster relief headquarters after surging parts of of don muang airport. the thai government has been diverting water around the city's center using drainage canals. as a result, the water is spreading to the western and eastern suburbs. the runoff is approaching the bangchan estate where many foreign factories are located. >> translator: i'm not sure how much water will come. i'm worried if we can keep operating. >> thailand's dis

but a warning from nomura holdings: the brokerage firm says investors should focus on the drop in average revenue per user, not the special dividend. and finally, priceline.com could set the tone for trading tomorrow. after the bell, the travel website posted third-quarter earnings that more than doubled- - $9.95 a share, 65 cents above estimates. priceline ended the regular trading session at $509 a share. it was above $513 in after-hours trading. the company says it's actively looking for acquisitions. and that's tonight's "market focus." younger and older americans are further apart than ever financially. a new report from the pew reseach center shows the wealth gap between different generations has stretched to the widest on record. darren gersh tells us what's behind the historic divide. >> reporter: in markets and in life, it helps to have good timing. bad timing explains a great deal of the growing wealth gap between young people and their parents, says the pew research center's paul taylor. >> think about most younger homeowners, those who are under the age of 35 and own a home. m