. >>> he approaches a rather unassuming door in shanghai china and rings the bell. >> it looks like he is going into an illegal club. >> you see all of these classes in front of him, it is only when he takes a class that suddenly he has a drink next to him. he opens up. >> thank you very much. >> he has been invited, this is one of the most expensive >> we serve one menu, a 22 course menu. >> awesome! i want to go there. >> ten people a night. they don't get too choose what they will get, they just get served 22 courses. >> it is a whole experience. they use all of that projection room. >> it is all about the timing of the music and the images come beaned with the food you're trying. you can see some of it here. >> it tastes so fresh right now because of everything going on around and surrounding you. >> the detail also goes into the food preparation. >> so at 45 -- >> that is like something that a instead of making -- >> is heise nerks nberg the chef? >> it is just under $1,000 u.s. dollars per person. i would not have anything left >> >> you are about to see a lot of puppy loving. th

we saw a big plunge in china's main stock exchange, the shanghai. china's economy has been slowing down for some time now. that sent a wave of selling triggering new circuit breakers in china which were just put into effect a month ago in order to calm down the markets after china saw that big selloff last summer who i hit u.s. stockses too. analysts say it might have created papically selling and china took a lun plunge and we saw the dominoes take a dive. increased tensions between iran and saudi arabia, not helping at all. frank? >> thank you, jason. >>> a developing story now in the north bay. a prominent politician's relative is found dead on a boat on christmas day. today, the same vessel sinks. jackie ward has the latest on the investigation. >> excuse me. this is rough. >> reporter: on christmas morning, gregory johnson found his best friend identified by the coroner as jennifer newsom dead on her boat. she's the cousin of gavin newsom. >> i heard last night this bang and it was just -- it was unusual. >> reporter: this happened around 4:45 this mor

shanghai. however, china's struggling some doubt whether this new joint venture will

shanghai. was indicating that maybe people were selling into these rallies, the reverse of what we saw in 2015. let's talk to our china editor out of shanghai. is that the interpretation here. this was a seller rally story today? reporter: pretty much. it is the exact opposite of what happened yesterday afternoon. we expectedi mean, may be a positive open, but for some reason even with the jump in credit growth, it actually responded to parts of the data. that is becaus investors were concerned for the outlook of the economye at the end. if you look at the data closely you will see the estimates and even the unexpected jump in a exports was noticeable. in theportantly afternoon what we saw was a report that some banks in shanghai will the longer accept chinese stocks as pledge collateral in order to borrow money to buy stocks. the high-tech stocks are the biggest performers for the year. jonathan: i sense this is what we are looking at now. what are we looking at here? what are the key metrics we should pay attention to? reporter: obviously, the economy and the yen., i think it is very important to china and high-tech

>> i went to shanghai, china. >> jimmy: wow. >> did a premiere. kung fu panda there. then went over to sesel, south korea. did a little kung fu panda premiere there. then zipped back. i was there for a week. zip, zip. >> jimmy: do they know you from the voice of this character? >> well, it's a cartoon. sow don't see me. [ laughter ] >> jimmy: yeah. >> and they have like asian actors doioi the voice. so no. there's like -- [ laughter ] >> jimmy: not atall. >> there's no reason for me to go. but i think it helps promote the film when they know that there's a powerhouse hollywood legend. >> jimmy: i see. >> behind the thing. [ laughter ] my essence is in there. no matter what you do. >> jimmy: so it's not your voice at all on the -- >> no. but it's important that i do the red carpet there. you know, passing the torch. [ laughter ] >> jimmy: oh, you meet the person who does the same part you that do. >> i do. and i like to do a high five with interlocking claspor more intimacy. >> jimmy: i see. >> to bring our nations together. and let t em take it away from there. >> jim

china. in 2006, a railway line connected lhasa to shanghai province in western china, bringing even more developmento tibet. in august 2014, another line opened. it stretches west from lhasa. it connects lhasa to shigase. the fair from lhasa to is between $6.50 and $28 u.s. that's a bit pricey for locals, but the train was crowded. 14 stations were built along the 241 kilometer line. officials plan to extend it to the front tier. . >>> farther additional tibetan ways of life are being swept up in a continuing wave of government funded economic development. what kind of future awaits people here? that question has yet to be answered. i'm catherine kobayashi in tokyo. >>> investors here are worried. let's get straight to ai ushida. >> the nikkei is down 600 points right now. getting closer to dipping below 17,000. oil prices are down. wall street is down and shanghai yesterday closed below 3,000 for the first time since last august. let's take a look at current levels, the benchmark nikkei average erased all the gains

francine: thank you. 7% slump in equities triggered a halted trading, china's shanghai composite has ended the day down .25%. meanwhile, china central bank has moved to ease borrowing billionth a $20 cash injection. we were talking yesterday about the rout and the sell off. today, china seems to have restored some kind of stability. what price have they paid for it? tom: i think you are to imagine a couple of the measures they have introduced. i think it is fairly clear that once again a semi's of stability has been restored but at a price. the biggest liquidity injection since september. reports that state own funds ding into thed market. the chinese security regulator has extended the ban on major investors selling their stocks. all of that together seems to have been sufficient to stabilize the market on tuesday. the question stepping back from the day-to-day market fluctuations is what kind of market are we left with in the wake of so much substantial government intervention? francine: yesterday you really it the nail on the head, brought the message home to me that although we ha

in china, the shanghai composite 0.2%.y china shares could it drop further. the composite at these levels is fair trading value. saying they are looking at the shanghai to be around 2500 points. hang seng down 0.2%. it is japan, leading the region higher. of 0.7%. theas lost a little bit of gains from her earlier in the session. australia pulling back from its strong start to read some of the strong movers we are watching. nikkei, jumping by the most in a month. after a report that there could be an increased offer for the iphone supplier. taiwan semi conductor looking very strong in taiwan. it has forecast the second's second consecutive account. bhp, on the right down in the shale business, rebounding after closing below $15 permit up 6% in london trade as well. positive sentiment in the region. perhaps not the leaf really we were hoping for. week: we are following the in china. a volatile time for the yuan. stephen engle joins us. tell us more about the intervention and the gap between the offshore and onshore yuan. like peoplelooks want to -- the trend res

china. the shanghai index. >> nicole: right now 28.36 a barrel.orning. >> lauren: donald trump decides to skip tomorrow's debate. >> nicole: company warned that iphone sales will fall later this year for the first time ever. >> lauren: in sports andy murry moves on. welcome to fbn:am, first look at morning markets, breaking news and what to expect on the day ahead. >> nicole: breaking news this morning republican presidential candidates gearing up for tomorrow's presidential debate. last gop debate before monday iowa caucuses, front runner donald trump says he's skipping the debate. texas senator last night on hannity with his reactions. >> donald and i are tied in iowa. the voters in iowa deserve a comparison in vision. one candidate is asking for the support, showing humility and the other is hiding from voters, hiding from any fair contest. >> nicole: cruz challenging trump on one-on-one debate. tune in to republican debate starting at 7:00 p.m. eastern time. >> lauren: iowa caucus are just days ahead, so make sure to tune in to fox business, n

geoff: disney's long-awaited theme park in china's shanghai will open on june 16. the company announced that the $5.5 billion facility will feature an enchanted storybook castle and a "toy story" themed hotel. there will also be a theater with a chinese-language production of the broadway hit "the lion king." disney also said the park will reflect china's own culture. the shanghai park broke ground in 2011. experts say the theme park could contribute more than $3 billion to shanghai's economy every year. a special award for long time nascar driver jeff gordon. governor pat mccrory surprised the nascar champion and north carolina resident with the prestigious order of the long leaf pine. it's the highest award the governor can bestow. governor mccrory thanked gordon for his performance on the racetrack and also his philanthropic work, especially gordon is passionate about pediatric cancer research, treatment and patient support programs through the jeff gordon children's foundation and the jeff gordon children's hospital in concorde, north carolina. gordon retired f

in early tuesday trading, china's shanghai composite was up two-point- five percent, while japan's nikkei was flat. the taiwan stock exchange opened the morning session with a slight gain and hong kong's hang seng gained one- point-four percent. bloomed aboard the international space station. look at this crop of zinnia's -- the first flowers grown in space. astronaut scott kelly tweeted the pictures to his twitter account. he's helped nurture the crop on board the i-s-s, giving scientists much-needed insight into how plants flower and grow in microgravity. if you're up around this time tomorrow - or earlier - take a look at the southern sky. 5 of our solar system's planets will be lined up for your viewing pleasure. from left to right - mercury -- venus -- saturn -- mars and jupiter. the stars antares and spica will also be twinkling in the formation. the planets and stars will stay in this order - through february 20th. according to earth sky dot org -- it's the first time the 5 planets will appear in the same sky together since california police thought it was a the highway... but - wh

china has not caught economic pneumonia yet, nor is it the shining hope it once was. stephen evans, bbc news, shanghaifor a's china heading soft or hard landing? we will wait and see what the government does. the ritz hotel in paris had been engulfed by fire months before it was set to reopen after a major renovation. it has been closed for three years. guests include charlie chaplin, cocoa chanel -- coco chanel, and it was where diana spent the last evening of her life. we speak to 2 leading voices -- whyhy outsid outside her presidential candidates are having such appeal. ay, whoy -- glenn fr helped found the eagles, has died. ♪ --correspondent: glenn fray to country and rock 'n roll, and to smooth the rough edges. album cells were measured in the tens of millions. the famous troubadour club in the 1960's, the detroit born got his start in a group that would become the eagles. or sound was radio friendly. with the millions came the lifestyle. the drugs. 's lyrics were "hotel california" were about the deprivation of too much. ♪ correspondent: they knew they could never top it. likeen you have a reco

china. despite intervention shanghai composite ended down.: good morning, lauren, good morning, everybody, i'm nicole petallides. after the dow sanked 270 points yesterday u.s. stock market futures this morning, even though we saw a glimpse a green they are looking to the downside. s&p futures down 13. >> lauren: volatility is here specially in commodity space. 36.66, down to 6%. >> nicole: gop presidential candidates are saying, not so fast. gun maker stocks rising. >> lauren: in a big way. gop runner donald trump war of words. new york new york new york giants coach resigns after 12 years. all the details coming up. welcome to fbn:am, first look at morning markets, breaking news what happened to expect on the day ahead. >> lauren: if you look at asia where it all start, shanghai down for the second day this year. down almost .3%. that was a little bit of stabilization of chinese government and regulators moved in and bank pouring about $20 billion in the money markets. in the u.s. we have more arrows following yesterday's massive selloff. y

china. a nice rally. in hong kong and shanghai, a big oil refiner, some of the names up. china leading gains in the sector, up by two and 6/10 of 1%. get more on the figures, youw gdp have had time to look at it in more detail. what does look like behind the numbers? >> a soft reading. the economy was struggling going into the latter end of last year. undoubtedly a disappointment after the initiatives that have taken. the silver lining, the services sector is holding up pretty well . the consumption side is holding up pretty well. not a bad result considering there was a stock market rising in china last year that raised $5 trillion in value. on paper. but even with the negative sentiment, as consumers consider -- continue to spend. the problem is, the transition is not happening fast enough and consumption services side of things is not enough to fill the hole left by oil growth drivers like manufacturing. rishaad: what happens next? this is the only country that produces its target for growth in the beginning of the year. we might look at the end of the year. it is consi

hang seng almost 2% and shanghai in china down 3 and a quarter percent.down just a quarter of a percent. checking the markets in europe, stocks move to go positive territory. we are seeing some relief from the massive selling that we have been seeing so far in 2016. ft100, up, breaking news this morning, a british judge ruling that russian leader vladimir putin quote likely approved the murder of the kgb agent back in 2006, the former spy died after ingesting green tea spiked with radioactive palonium, the judge is saying, yes, putin did, in fact, approve the killing. presidential nominee b

markets saw another day of steep losses after the latest round of disappointing economic data from china. shanghai com toss sit dropped 3.5% and hang seng lost 1%. stocks on wall street rebounded scoring biggest gain in over a month thanks in part to a small rebound in crude oil prices. the dow rose 227 points, the s&p gained 31, the nasdaq added nearly 89 points. >>> goldman sachs agreed to pay $5 billion to settle claims stemming from its sell of mortgage-backed securities. the settlement with the justice department and state regulators concerned securities sold in the years leading up to the housing bubble and subsequent financial crisis. goldman is one of the last banks to settle with regulators. >>> jetblue's website is back up-to-speed this morning. services disrupted yesterday due to a computer glitch at a verizon data center. the trouble affected jetblue's major hubs, including new york, los angeles and boston and dozens of flights were delayed. >>> there is a temporary price drop at amazon prime. amazon is shopping the price of its prime shipping and entertainment service from 99 to $73.

francine: the shanghai bear china's benchmark dropped 20%. european stocks are lower. victim bhpce's latest will take a right down. as thatcher's child -- strategists rush to downgrade forecast. deutsche bank sees it hitting 1985 lows. welcome to "the pulse" live here in london. i'm francine lacqua. let's get straight to your data check because in the last couple tinutes, both wti and bren falling below that psychological $30 level. ymex,an see crude, the n 29.6. a lot of these european stocks are under pressure. they are down 1%. this is on the back of the shanghai composite. it's fallen from 20%. that is well into a correction today. 20% was over the last couple weeks which means we are now in bear territory. let's get straight to first word news. nejra: the shanghai composite has fallen back into a bear market after dropping 20% from its high. the slide wife suck gains from a statement to campaign. as investors lose confidence in beijing's efforts to manage the country's economy. general electric has agreed to sell its appliance business to china's group for $5.4 bi

china's shanghai index took a tumble in the last hour of trading and finished down 2.5%. other markets closed before that slide and had gains for day. japan's nikkei was up nearly 3%. checking in on our stocks right now, looks like slightly higher opening. a half a percent to 3/4 of a percent. best day of the new year yesterday. the dow, the s&p 500 and the nasdaq had winning days. shares in oil companies led the turnaround as crude oil prices edged back up. we'll see earnings reports in the next couple of weeks. >>> a low cost airline that starts flying out of the sfo in june is selling tickets offering one way fares to europe for under $200. the airline is batesed in iceland and is called wow. wow. it offers $99 from sfo to its home base. and the tickets sell out quickly. and tickets from iceland to other parts of europe cost another $100. if you want to bring a bag that is more than 11 pounds you have to pay extra. paris, london, berlin, copenhagen, and amsterdam are included. they want to give people the chance to travel on a budget. >> we repeatedly offer these super

. >>> china and shanghai composite fell this morning but other stock markets in asia got a boost after wall street's rebound. hong kong hang seng added one%. oil prices jumped 4% yesterday. the dow gained 282 points. the s&p rose 26. the nasdaq gained 49. >>> trouble may be brewing at apple. apple says it expects sales of iphones to decline in the first quarter of this year. that would be the first time that's happened in 13 years. in the last quarter of 2015 during the holiday season, apple sold 74.8 million iphones. that is record but it is the slowest rate of growth since iphones were introduced in 2007. apple says revenue could fall over 8.5% from the january to >>> weight watcher's stock is soaring. the stock jumped 20% yesterday after a new commercial starring winfrey aired. she said she lost 26 pounds on the weight watchers plan and ate bread every day. winfrey owns about 6.5 million shares of weight watcherers so that means she made about 12.5 million on paper. >>> jetblue is including free wi-fi system will let flyers stay connected gate-to-gate. jetblue says the seats will ha

we have shrugged off what happened in china earlier. the shanghai composite shrunk by 6.4%, to the lowest level since december, 2014. this is one of europe's best an's,rming stocks, ziem shares have risen the most in seven years after it raised its profit outlook. it was an unexpected move and it highlights the confidence that joe kaiser has in the ability of his company which makes gas turbines and medical scanners it highlights. the ability to rise out the economic downturn in china and ride out the dropping oil prices as well. it was up by 8.3% today. matt: it competes with phillips to provide a number of products including health care products. up by 5%, company that focuses on health care and is big on medical scanners. it is focusing on health care and spinning off its licensing division. fourth-quarter profit beat estimates today because of growth in medical equipment in china and north america. this is a market which the chief massivee has got to the confidence in. he thinks the global health care industry will groom to $125 billion because

this morning, china's shanghai lost 3% of its value.iels is at the new york stock exchange with the details. >> reporter: good morning. stocks on wall street are off to their worst start of a year ever. terday as oil suffered its worst one-day the dow jones industrials lost is after a late recovery. it had been down over 560 points. the s&p 500 dropped 22 points and down to its lowest level innearly two years. the nasdaq slipped five points. >>> the drop in oil prices means the global economy is slowing, in particular, china. thee price of oil is due to oversupply. u.s. oil stockpiles are at their highest level in 80 years, the crude fell to $22.65. lowest level since 2003. the plunging price of oil is good news at the gas is pump. unleaded in the u.s. has dropped to $1.87 a gallon. >>ork stock exchange. hena, you will be back with more business headlines a little bit later on in the forecast so see youthen. >>> more than a hundred thousand flint residents are getting o their homes. governor rick snyder released e-mails about the crisis and as adriana diaz reports, the governortions to answ

china's shanghai index dropped 3% for the day. it's down 50% from the all time high last june. and now it's at the lowest level since 2014. the major markets in japan and india lost ground. singapore and hong kong finished with gains. low crude oil prices are inching upward. and just quickly checking on our numbers, looks like a slightly higher opening here. financial analysts are giving facebook a big thumb up after 4th quarter revenue jumped 50%. they took in $1 billion in a single quarter. facebook released the earnings report after the closing bell. the stock is looking to trade higher this morning. >>> it's hollywood week on american idol. and some of the contestants who auditioned in san francisco are moving on to the next round. ♪ i can't feel my face. ♪ >> that sounds like andy grammar there. >> a little bit. >>> nearly 200 of the best singers took turns for their solo performances. the pool of contestants were cut in half. the lucky ones made it to the next round. >>> the hollywood auditions continue right here on ktvu. coverage begins at 8:00. >> it's such a big deal

china's shanghai index is up a little bit. continued trading in a narrow range and ended with a quarter percent loss. japan's nikkei also started with small gains, it was up 3/10 of a percent at the beginning of the day. and then it started slipping and finished with less than a half percent loss. the largest index was hong kong which lost 2/3 of a percent. u.s. markets closed with losses of more than one and a half %. they made quite a comeback from earlier losses. american investors may have panicked a bit when they saw asian and european markets dropping. it could be another down day for wall street. futures are down but the dow jones did climb back above 17,000 and the s&p 500 back above 2000. they both dipped below. they didn't close there. there's some key levels where if the markets close below the levels it's a sign that we're going down a little further. >> i can't help but think of you when i'm watching the markets at home. maybe i should text her. there's a buying opportunity. >> pam and i have a long history of doi

. >>> trading was halted on china shanghai composite. there is a circuit breaker because the shanghai composite nose dived nearly 7%. disappointing data about manufacturing activities and the tensions in the middle east helped fuel the collapse. this has caused u.s. stock futures to react, they are down sharply at last check. we will get a better idea of how things might go in the u.s. when the opening bell is rung at 7:30 mountain time. >>> president obama is reportedly going to move ahead with plans to use executive orders to tighten gun laws. he will meet with lorretta lynch to map out what he can do legally. expanding background checks and restrict gun sales to criminal suspects. plans announced tomorrow. launching another search for el faro. the focus of any search is trying to find the black box. the 790-foot freighter sank after getting caught in a hurt cape. 33 people were aboard while it was traveling from jacksonville to san juan puerto rico. >>> spots along the flood flood mississippi river in missouri and illinois are seeing

first to asia, a huge drop for the asian market in china. shanghaie than 5% despite the government trying to stabilize there. >> lauren: rest of the world saying no big deal today, china, we are going to trade up. ftse up, and dax futures up -- the best in the group at .6%. >> cheryl: u.s. stock market futures looking like this positive, dow is pointing higher by 50.49, s&p by 8 and nasdaq as well a little more than 12 points. >> lauren: let's check on key commodities. crude oil prices continue to go tumble right now about half a buck. gold trading to the upside by more than $3, $1,100. >> cheryl: let's now take a look at the latest from the world of sports the greenbay beat the washington redskins. nfc wild card game. aron rogers recovered from two touchdowns. greenbay will play arizona on saturday. yesterday's nfc wild card playoff between minnesota vikings and seattle seahawks was the coldest game in history. vikings coach came out for the coin toss wearing a short-slee golf shirt in minus 6-degree weather. 20 seconds. 22 seconds remaining happeni