>> formhe took steps to reform spending, formed a new party, osaka restoration association. then resigned as governor. he said he needed the power of the mayor's post to realize his plan. he says his program of reforms willie limb nate overlapping services from prefecture and municipal governments. >> the voters handed down the judgment after thorough institutions. so i asked the administrative organizations to take the election results seriously. >> hashimoto says his party will consider fielding candidates in the next election if the central government and major political parties don't support his reforms. >>> traders in markets in tokyo looking to recover after a rough week. yogi joins us. we saw volatile trading in japanese shares last week. what can we expect this week? >> analysts expect stocks to come under pressure this week as well. let's go straight to the market reporter to find things out. the dow ended last week in the negative a third straight week, following continued debt turmoil in eurozone economies. to see how things are kicking off this monday morning in