sakakibara said companies are concerned about the confusion in the financial markets and they're worried they'll have to rethink their approach. sakakibara is calling on the sectors to work together. >> translator: we have to nip all kinds of possible risks in the bud to keep global economic growth on track. besides, we need to prevent the damage from spilling into the real economy including small businesses especially. >> abe says his government will do what it takes to shield the japanese economy. finance minister taro aso says in that case there was a possibility the market could run out of dollars. many investors didn't understand where the financial risks lay. >> translator: this time the biggest problem is political uncertainty. it's possible it could turn out to be a heavier burden in the midterm. >> aso says he'll keep a close eye on the currency markets and if necessary take action. >>> checking the markets, tokyo stocks rebounded on investors' hopes of the government implementing economic stimulus measures. for the details our business reporter jiang nguyen reports. >> the nikk

yen, eisuke sakakibara expects intervention if it doesn't 100. is that the sentiment there? well, there has been a lot of talk in japan about whether the will be intervention or whether there won't. get so far is that japan is nervous about intervening by itself. will comeg does,, it after the brexit vote, and japan will be arguing for coordinated intervention with the g7, so nothing before friday. we will be watching after friday to see whether markets move erratically on a possible brexit vote, and then the possibly of coordinated intervention. anything on its own could be futile for japan. angie: thank you so much for that. the u.k. referendum on so-called brexit will dominate the markets this week as we have discussed, but india will have to do with another looming departure. hasgovernor raghuram rajan announced he will not seek another term. we have more from mumbai. what is the mood like in premarket? mood is subdued. forwardseen rupee falling. we have also seen the equity futures retreat in singapore, index futures, so obvious markets are concerned about the impact th

who better to talk to than eisuke sakakibara? ♪ .> it is 9:30 a.m.g kong these of the stories making headlines around the world. apple facing a new legal hurdle in china, slapped with a patent violation on some iphones in favor of a local rival. intellectual property office says the iphone 6 and six plus infringe on patents because of similarities. an appeal, which means phones can remain on the market. no date for the hearing. and ubs advising 's a merger between abu dhabi two largest banks. they will become the largest lender of assets in the middle east. a portfolio combined of $170 billion, the first major banking merger in the uae since 2007. has placed five employees on leave while he conducts an internal investigation. newspaper says the staff worked on the israel desk, focusing on ipos for tech companies. the probe is linked to possible breaches of u.s. tax laws by israelis. the bank declined to comment beyond confirming the staff of them placed on leave. powered by over 2400 journalists and 150 bureaus around the world, this is bloomberg new