shery: and i am shery ahn in hong kong.ia's group has secured final government approval for a controversial coal mine. the 16 billion-dollar project faced opposition from environmentalists who say it will further damage the reef. the chairman is expected to meet the prime minister on monday to discuss funding for a 32 kilometer rail link. hsbc will step up hiring in china next week despite the slowing economy. it increased the number of retail inks in the delta area by 57% and the pace of hiring may in theate as it expands manufacturing hubs. it launches a credit card business in china on monday having one bank regulatory approval to issue cards itself. isry: indian prime minister cracking down on black money and it has sparked an investigation into two declarations totaling more than $31 billion. a family of four told the government that it had evaded a would make them wealthier than india's richest man. betty: renzi looks to lose the constitutional referendum that he has staked his job on. italians are joining the global

thank you for that shery ahn.: coming up, shanghai's $75 million man and how can one of china's youngest football clubs of 40 star? -- afford a star? ♪ haidi: this is "bloomberg markets: asia" welcome back. rishaad: the seemingly limitle in chinese football have brought in another big name. make $500stands to ,000 a week. rishaad: what a massive amount of money. the super clubs are now forking out such huge sums. >> it is not out of the blue. rishaad: it has been ramping up, but this is a huge step. >> up to now, they have taken players who are not the frontline stars from the european leagues, players approaching the end of their career in their 30's. oscar is in his prime, 25 years old, brazilian international, played in the world cup semifinals two years ago. rishaad: didn't work out quite like they wanted it, did it? a 7-1 defeat by germany, but even so, he is a big star. i think this has sent shockwaves through the game in england and they are wondering where does it go from here. who else where they come for

sheri? sheri: as expected, no change in policy there. the balarate at -0.1%.japan keeping the 10 year yield target at about 0%. that was a key point of focus for investors, for economists watching the boj policy decision. 39 economists surveyed by bloomberg were expecting no action whatsoever, but the press conference in a couple hours, we are keen to see that. we have seen this global yield spiking in recent months, especially with u.s. inflation excitations rising after the election of donald trump as president. now we see the 10 year yield in japan feeling the upward pressure, just last week rising to the highest level since january. investors were asking themselves, are we going to see the boj change the 0% yield target for the 10 year debt. it has not changed. the target has been kept at about 0%. that is the biggest news we are getting out of japan because we were not expecting any policy decisions, or any changes in policy decisions, this week. as expected, the target is kept, the balance rate, at -0.1%. rishaad: that is what we have at the moment there

shery ahn joins us live from tokyo.timulus package passed in working its way through the economy. are we in for more? expecting awe are third supplemental budget. the finance minister saying that will total more than $14 billion. of course, we have the main budget in the next fiscal year of 2017. that is going to total about a $825 billion.- it is about the supplemental budget. slump in the yen hugedy giving japan boost. shery: it seems japan has the wind at its back. the slumping yen and energy prices. he sees kuroda saying growth exceeding potential by quite a bit. he doesn't think the yen is excessively low. take a listen. foreign exchange market reflects the strong dollar, not yen.eek yen. -- weak the dollar is also strong against many other currencies. i don't consider the yen level particularly weak. yeny: he also says the weak will be a factor in boosting crisis. although he ate knowledge is the boj is far from achieving its inflation target of 2.5%. is toosome saying it early for the boj to breathe a sigh of rel

sheri papini is not alone. over the past four months, there has been a rash of joggers who have been kidnapped, tortured and in some cases killed. 34-year-old sheri papini, and mother of two went for a jog on november 2, but never came home that night. >> after not responding to pick up her children from daycare, her husband keith became concerned and started looking for his wife. dr. oz: they launched an aggressive manhunt to find shari. her disappearance even became national news. >> i hear the desperate search for a missing mother in california. dr. oz: the internet blow-up

shery: we are seeing a week market overall.ts are saying speculators tend to prowl these new shares where they think the selling pressure is low. foipos, 23on limit times earnings imposed by china's regulatory guidance. that forces companies to sel shares at levels below their peers. making them attractive. for getting your hands on these stocks is not easy. shery: the odds are one in 2500 to get part of that. in january, it became tougher. new rules were set. in order to subscribe for shares, you don't even need to prepay. this month, for example, the odds would be at 0.04%. compare that to 0.6% a year ago. trying out to spend more than $500 billion by 2020 to expand its railway system. it plans to cover 30,000 kilometers, 6.5 times the length of a road trip. our reporter joins us live from singapore. why this massive investment? china's part of five-year plan. they want to provide more infrastructure. coast, with the west probably the wealthiest part of china overall. china'sso because economy is slowing down. to expand is to

sheri auditioned for the same role as tara's sister in this play, and both cases captivated the city of redding, california. there's glaring differences. sherri released weeks after curtain, and she was there. her poor face. and i just hugged her, and i just held her. i felt like i hugged her for 20 minutes. >> reporter: smith and the family never got their thanksgiving day miracle. >> brought back a lot of the memory of those initial days. >> reporter: unlike the papini's, smith believes he knows what pp daughter. >> we knew since the first night. >> reporter: while there was no suspect in ta ra's disappearanc, they suspected a local man. he sought out his advice grappling with the disappearance. >> he wanted to know just how they got by day-to-day, and then also dealing with law enforcement. abc news, los angeles. >> mystery deepens with that story. you think you heard everything that connection, just really haunting. >> so many questions. >> yeah. >>> coming up, call him a kinder, gentler glenn beck. that goes together? >> i don't know. seems contradictory, why the hard hitting co

shery ahn, from outside the bank of japan in tokyo.e now joined, also from tokyo, with -- great to have you on the program. the bank of japan is doing what many had expected them to do today. they said that they can control the yield curve. how long before they are really tested on that front, do you think? >> i think we've got a way to go here. to keyword from the bank of japan is stability. they will exercise their tools to anchor the yield curve for the time being. i think the real stress point is only going to emerge if we see 5he yen weakening past 120, 124 against the dollar. manus: houston could that happen? there are various opinions saying that focusing on yield ignitesd yield control that weaker yen trade. would you agree with that? if so, how soon could we see 120, 125? >> absolutely. the bank of japan has turned passive aggressive in the sense that they are capping japanese yields, they are closing the interest rate channel of adjustment, while meanwhile the rest of the world, particularly the united states, is obviously un

shery ahn joins us. what exactly is behind this change? shery: we have seen the commerce department in china, a key conference. they did not set a target for 2017. a state run newspaper saying this might be because top policymakers are backing away quote of itey call growth targets. this is not surprising, given the uncertainty in the growth targets. you can see chinese trade has been declining. we can bring it up on the bloomberg. the white line, imports. pretty volatile right there. it is not that surprising. these officials are dropping their growth targets. one official saying, abandoning a target is more appropriate for conditions under the new normal. we are now seeing this departure from tradition. we are seeing the yuan continue to fall. the lowest level since may of 2008. of course, also reactions to the soaring u.s. dollar. this yuan,cing breaching the seven per dollar level. the pboc same reports the one broke the seven per dollar level were inaccurate. as far as we know right now. >> we saw certainly trade volumes spike up. a s

shery ahn is in tokyo. run us through the headlines. shery: as expected, the core elements of the boj's new framework setback in september hasn't changed. are maintaining the policy balance rate at -.1% over the 10 year yield target at around 10%. this was one key element that investors have been watching out for. we are seeing global bond yields a spiking which applies upward pressure on yields. the 10 year yield rose to the highest level since january just last week. what the boj says about the yield curve will be key. although the targets for the 10 year yield hasn't changed keep an eye on haruhiko kuroda's press conference this afternoon, because we will be wanting to see what happens when the boj -- how they plan to manage the yield curve, including their tolerance for deviation for the 10 year debt from 0% target. now on the press conference coming up in a couple hours. yousef: so how does the boj see the economy unfolding in 2017? shery: well, they have a rosier picture for the japanese economy. they forecast of moderate recovery

turned 13 this week and the president spoke with shery ahn.ed by asking whether he thought china could see a hard landing. toin transformation includinga new kind more investment. so, they are facing some challenges. also, some investment and growth share based on the investment financial crisis. but i do not think they will landing.rd shery ahn: when you are talking about adjustments, let's talk about next your because adb forecasts growth at 5.7 percent for developing asia. and given how we got a more hawkish federal reserve and the united days, will that necessarily mean an adjustment for you as well in your forecast? >> it is too early to tell you. call exclude what we singapore and hong kong, it is already 6.2%. very solid growth. momentumgrowth depending on the regional demand, that titular demand from other countries. i think we will have very solid growth. shery ahn: how much good that growth momentum be hampered? by soaring u.s. dollar. >> i think the cousin the high-yield bond and dollar dominated by debt and also we can have some is

regarding what sheri saw and details he had to keep quiet. the one that was most jarring is where were the burns? he talked about numerous burns on her body. >>> bart riders are getting a message that is blatant. we tried to find out who behind these signs, next. >>> how the south bay is planning to protect those who may be feeling post-elections fears the most. >>> live at walnut creek, we're taking your consumer questions. come on by. we'll be here until 7:00. ♪ ♪ when you find something worth waiting for, we'll help you invest to protect it for the future. financial guidance while you're mastering life. from chase, so you can. >>> unauthorized posters that looked official. laura anthony is live with the story. laura? >> these posters were few and gone quickly, they made rounds on social media almost immediately. it's called gorilla art. it's caught the eye of some riders on the richmond millbrae and bart line. sign was a clear message. attention, racism, sexism, islam phobia, homophobia are prohibited in the bart system at all times. get y

sheri papini is not alone.ver the past four months, there rash of joggers who have been kidnapped, tortured some cases killed. 34-year-old sheri papini,

regarding what sheri saw and details he had to keep quiet. the one that was most jarring is where were the burns? he talked about numerous burns on her body. >>> bart riders are getting a message that is blatant. we tried to find out who behind these signs, next. >>> how the south bay is planning to protect those who may be feeling post-elections fears the most. >>> live at walnut creek, we're taking your consumer questions. come on by. we'll be here until 7:00. over 1,000,000 californians have gotten something that's been out of reach for far too long: health insurance. how? they enrolled through covered california. it's the health insurance marketplace where you'll find a range of plans from leading health insurance companies that offer you the best combination of quality, rates, and benefits. and, through covered california, you may get financial help to pay for coverage. to have health insurance starting january 1st, you need to enroll by december 15th. visit covereca.com today. ♪ ♪ when you find something worth waiting for, we'll help yo

now to first word news with shery ahn.r: oil surging after opec and independent producers agreed to reduce output by 1.2 million barrels a day. isdi arabia signaled it ready to cut more than expected, promising a reduction of 450,000 barrels a day. non-opec nations including russia pledged to lower production by 558,000 barrels a day from january. be real cuts, and countries are committed. reporter: president-elect donald trump says he's very close to naming his secretary of state, dropping heavy hints that it could be the exxon mobil ceo. a source tells us that trump has not yet formerly -- formally offered rex tillerson the job but is likely to do so. from boths opposition sides of the i'll because of his decades long ties to former putin. we are told rupert murdoch and his son are deeply involved in discussions with fox wanting to that he doesn't already own. sources say fox won the final deal by wednesday this week grading tokyo has officially launched their 2020 olympic a groundbreaking ceremony for the centerpiece of

shery: the beat makes drums.lking about companies that raise wages, especially based on performance instead of seniority as is common in japan. not to mention a turning -- turning nonregular workers into permanent ones. the measures of the latest efforts trying to change private sector behavior. the government also plans to curb new bond issuance to a ane-year low in an effort, result to show some results in -- a show of resolve to actually curb some of the debt, the largest debt and the industrialized world but still, some critics saying there could be some risks because this is based on a weaker yen, generating hired returns from foreign reserves as well as higher corporate tax income. a lot of challenges given the ballooning social costs. i was looking through some of the highlights of this report, what struck me is the allocations to defense. a new high? what is going on here? shery: another record defense $42.5 billion.an it is the fifth consecutive year of annual military spending just being increased. a tr

shery ahn has more on the tankkan. give us the headlines.this is not surprising giving the plunge in the yen in the last couple months. yen troubling the most since the dollar in -- dropping the most against the dollar since 1995. japanese exports, their sentiment has been proved to be 10 of the previous 6 quarters. when it comes to milan manufacturers, -- non manufacturers, there was no improvement. falling from 19 in the june quarter, also missing estimates. the outflow from large manufacturers improved to 8 from the previous quarter's. it justmanufacturers, stayed flat. they missed animist estimates. this is a little bit disappointing. we have seen companies on average plan to boost capx by 5.5%, ending in march. that is much less than economists had expected, expecting a boost of 3.6%. also a slowdown from the previous quarter. >> we still can't quite get that. shinzo abe has been pushing for that. why have we not seen that? >> you can call this the missing link in the monetary transmission process in japan. you are seeing more easing, a

the adb president talking to shery ahn.back into the conversation paul watters, still with us on set in london. the chinese in some people in minds arestates' currently manipulated -- currency manipulator's. it is slightly sort of against the facts of what is being suggested. can the chinese manage their way through 2017 in a sustainable fashion without a big blowup because this time last year, we were getting ready for a big move in chinese assets and we could see the same thing in 2017, but that is an important political year. paul: our view on china for next year is that we think the authorities have the flexibility and will to actually manage the economy and prevent blowouts of any sort of hard landings three the course of next year and that is very important as you have the 19th party congress in september and it is really a changing of the guard in terms of the growth, a big one, because five of the seven standing members will be retiring and actually six of the 18 on the politburo is solve our retiring itself, so the

news,get to first word shery ahn.the bank of japan has released comments and opinions from its policy meeting that relate to the discussion before when one unidentified member admitting 2% inflation target remains a long way off. another opinion backed that up, saying japan is at a critical juncture to achieve its price goal. one member as optimistic, saying rising private consumption is evident. president-elect donald trump has accused the obama administration that the run-up is being hampered by inflammatory statements and roadblocks, abstention the u.s. on the united nations vote criticizing israel. relations between israel and the president obama's time in office comes to an end. john kerry says he's in the middle east is under threat as israel continues to build settlements in the occupied west bank. benjamin netanyahu it back, calling the comments unbalanced and saying the focus on settlements is ms. god. -- is misguided. thehe two state solution is only way to achieve a just and lasting peace. it is the only wa

reporter: thank you so much, shery ahn there.it is that time -- time for some of the most unpredictable data around. australia's latest job numbers are next. ♪ generosity is its own form of power. you can handle being a mom for half an hour. i'm in all the way. is that understood? i don't know what she's up to, but it's not good. can't the world be my noodles and butter? get your mind out of the gutter. mornings are for coffee and contemplation. that was a really profound observation. you got a mean case of the detox blues. don't start a war you know you're going to lose. finally you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. 11:30 a.m. in sydney where markets have in trading for 90 minutes now. we have seen most of the declines in the region in sydney, after the fed decides to raise rates for the first time this year. betty: we've got breaking news. australia has released its unemployment numbers. paul allen is in sydney with the details. paul: we are getting used to this, aren'

shery: the chinese yuan unchanged, slightly on the downside. lowestt after a weak, level since may. holding it around that level. the pboc said a report of onshore yuan breaking levels was inaccurate. angie: thank you for that. yousef: that is it for this edition of "bloomberg markets: middle east." ♪ >> it is 1:00 p.m. in hong kong. an update of the top stories. donald trump has accused the obama administration of putting obstacles in his away. he says his inauguration is being hobbled by so-called inflammatory statements and roadblocks. to cut a rose the most in a year kata rose the-- ta most in the year on word that they will be accepting a fine of $1 billion. the settlement could be announced at the beginning of the new year. they say nothing has been six

let's get to first word news with shery ahn.ts surged in november after shipments climbed the most in a year. exports roseic 11.5% from a year ago. the median estimate of 12 economists had been for a two contraction. the biggest increase since 2015. the times of india says that ratan tata may step down as the proxy fight with cyrus mistry intensifies. the trust were set up as a charitable organization, but sons.ls 66% of tata a majority will be needed to remove cyrus mistry, and some foreign investors have questioned him. missedfell after sales on estimates. revenue last quarter was little changed from a year ago at $9 billion. that is slightly below forecast for $9.1 billion. sales were dragged down by a decline in new software licenses. and russia have agreed to cooperate on the running of four islands annexed by the soviet union at the end of world war ii , a divide that has prevented the two countries from signing a peace treaty. the plans include medicine, tourism, and fishing. beijing has issued its highest pollution warni

sheri coming back to brava, here you have this establish, amazing writer who has won a clue -- slew of awards. now she gets to director and work. even though she is this amazing, established writer, the truth is, she is being nurtured as a director and is being given some space to direct. >> the play is described as ceremony and -- where ceremony and theater me. in the indigenous tradition, when you turn 52, it is like the completion of an important era. the importance of the ceremony is to say, you are 52. whenever you have been caring for the first 52 years, it is time to let it go. really, here, they have given me carte blanche to do this. i think it is nice for me, in the sense of coming back 25 years later and seeing personally my own evolution as an artist and thinker. the whole effort to put the chicano or indigenous woman's experience on center stage is, in itself, for euro-american theaters, a radical position. because of the state of theater, it is a hard roll to hold up in institution. it is a hard road. i am looking at where we are 25 years later in the bay area, looking at

and at times, sheri's head was covered. you can see more of his exclusive interview on "20/20" this friday right here on wisn 12. take a look at that, a snow plow in maine caught fire on the road. as you heard, it caused a couple of small explosions. someone tried to put the fire out with a hand-held extinguisher, but that wasn't enough. firefighters were able to knock it down without having it spread. no one was hurt. joyce: a man is stealing a real-life pot of gold from the back of an armored truck in new york city. the value, more than one million dollars. abc's linsey davis reports it was captured on surveillance video in broad daylight. >> an investigation tonight that police are calling operation lucky charms. detectives say this man actually stole a pot of gold worth more than $1.5 million. do you think he knew it was bucket of gold at that time? it was in an armored truck with armed guards. >> take a look at the newly released video of the incident from late september. it happened in new york city's diamond district

. >> reporter: as investigators continue to scour northern california for those who ob ductsed sheri papini, they are haunted by another disappearance, 16-year-old tara smith vanished in 1998. >> i hope it's not another case of a complete disappearance? >> absolutely it was. it was on the the investigators' minds. in fact, there's a resemblance of tara smith and ms. papini, making it a little bit more eerie. >> this is the two of them side by side, both out jogging when they vanished. both went to the same high school at the same time in the 1990s. sheri auditioned for the same role as tara's sister in this play, and both cases captivated the city of redding, california. there's glaring differences. sherri released weeks after abduction. >> i ran past everybody, and, you know, threw open the curtain, and she was there. her poor face. and i just hugged her, and i just held her. i felt like i hugged her for 20 minutes. >> reporter: smith and the family never got their thanksgiving day miracle. >> brought back a lot of the memory of those initial days. >> reporter: unlike the papini's,

shery ahn in tokyo and get him body -- and another reporter in dubai.as approved a record budget for the next fiscal year. warning companies to march to the beat of abe's drum. what were the main takeaways here? 825 billion dollars earmarked for fiscal 2017, but what is interesting about this budget is where the government plans to spend it. they are going to boost companies that actually helped in their policy objectives. companies that raise wages also raise wages according to performance, not seniority, as is common, in japan, not to mention they are more supportive not only of childcare, but of elder care here in japan, so those funds going to subsidies for those companies. curbovernment plans to government issuance to a nine-year low, but some people say that could be challenging. foreign reserves, higher corporate tax income. at to mention that a risk of weaker yen could spur criticism from the u.s. administration, so i have been hearing concerns a lot from people i have talked to here on the ground in tokyo. matt. boostjapan also wants to defense

. >>> today, we learned about the disappearance of sheri papini. coming up, who investigate overs are looking for and new revelations the victim is providing to detectives. >> what action the state is taking against the general contractor that built to berkeley balcony which collapsed and killed people over one year ago. plus... >>> a whistle blower claimed elderly couples were tricked into buying time shares. now, a jury weighed in. the jaw-dropping results. did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's 10 times faster than slow internet from the phone company. say hello to internet speeds up to 150 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. >>> nearly a year and a half after a deadly collapse, six people died when the balcony gave way and they fell to the ground below. melanie, contractor is responding? >> reporter: we called and stopped b

. >> we continue to learn about the ordeal that redding mother sheri papini was found.er husband explains how she tried to get help after being left on the highway. >> she screamed so much she was coughing up blood from screaming. she said maybe people aren't stopping because i have a chain and it looks like i tried to break out of prison. she tried to tuck it underneath her clothes. >> you can watch the interview tomorrow night at 10:00. >> princess cruise lines agreed to pay the largest ever criminal penalty for deliberate pollution, forking over $40 million to government. the justice department says princess dumped waste for eight years illegally. the company says it's disappointed about the inexcusable actions of some of the employees. >>> and o'reilly auto parts agreed to pay a nearly $10 million settlement for a lawsuit of dumping hazardous waste. this is after an inspection showed o'reilly sent these materials to local landfills not permitted to receive them. >>> the city of milpitas is lighting it's tree, including dance performances and a magic show. leslie bri

shery ahn, thank you.nue to monitor the story in tokyo with our bureau, but now with nicholas smith, equity strategy at clfa japan. good morning. you think that the japanese authorities can do any at this stage? i have to say, i listened to what kuroda had to say, or at least the translation. he sounded reasonably upbeat. this is as good a place as the japanese authorities could have expected to be at the end of 2016. nicholas: absolutely, it is. the economy really is in a goldilocks zone anywhere between 110 or ¥120 to the dollar. that is a great rate. you have pick up in the global economy. that is a lot more important than yen is for japanese companies. i think as far as corporate profits are concerned, we ought to see a very good year indeed in 2017. guy: how does policy developed from here? is it just sit on your hands and do nothing, and wait for the fed and donald trump to deliver? nicholas: i think that there are some people out there who think there is going to be upward pressure on the 10 year bo

. ♪ angie: joining me from japan, crossing the bloomberg, let's go to shery ahn. >> we are waiting forrs out of japan. seen the industrial production numbers turn positive in august we are waiting for the final reading. still, after the surge that we saw in august, output has been declined. we are getting the final figure. 0% growth revised downward from the preliminary figure of .1% growth. we are getting the number on air. the preliminary number was following 1.3%. the final number being revised itn, it is worth mentioning has been highly volatile and we are seeing some signs as that bykening yen is being felt exporters. >> the weaker yen was clearly felt and corporate sentiment in japan. what did the survey show? >> business sentiment has improved. it was in line with estimates, getting a huge boost. still a different picture when it comes to non-manufactured. the number is then stalled. the outlook, not really improving that much. that has been the missing link in japan's monetary policies. corporate sentiment improving. not really being felt when it comes to businesses upping inve

sot tom bosenko alguacil del condado de shasta "sheri was located, we learned that she was released byher captors" el jefe del alguacil del condado de shasta, informa que ubicaron a sherri papini sobre la interestatal 5...a casi 3 semanas de que fuera sido reportada como desaparecida... sin embargo, las declaraciones del esposo de la supuesta vctima de rapto, revelaran la tenebrosa odisea que dice l sufri su mujer a manos de los supuestos secuestradores... keith papini, asegura que sherri de 34 aÑos fue atada, y que le raparon su larga cabellera rubia... adems tena una cadena de metal alrededor de su cintura... al igual que una bolsa en la cabeza y la nariz fracturada...cuan do las supuestas agresoras la lanzaron hacia la carretera en la ciudad de yolo... lo ms impactante de su relato, fue el dato que sugiere que a su esposa la marcaron la piel con quemaduras para dejarle un mensaje... pero el contenido de ese posible mensaje no fue difundido... autoridades, que previamente dijeron estar buscando a dos mujeres hispanas en relacin al secuestro, ahora fueron ms especficas... sot tom bose

. ♪ ♪ ramy: you are watching "a daybreak asia," yvonne: we are walking to manila where shery ahn haswith development. good morning. shery: today marks the 50th anniversary of the asian development bank which launched half a century ago. it was mired in poverty back then. now it is one of the fastest growing economies in the world. develop and of asia faces challenges, depreciating currencies, rising nationalism. adb recently trimmed the forecast for this year to 5.6% from 5.7% mainly because of india and the chaotic monetization process. beneficiary largest after india. remember now the headlines of ,ir quality problems in china well, adb has projects it is trying to improve the air quality in the greater beijing area as well as nanjing. adb expects china to grow 6.6% and accelerated growth of 6.4% next year. in my interview with the president, i will be asking him about the challenges that developing asia faces but also the opportunity you can find in the region, and of course with rising protectionism and the anti-globalization, we will ask him about how all of this affects multila

shery: the wind is at japan's back, kuroda sees potential growing by "quite a bit."p in the japanese yen. he does not think that is excessively low. take a listen. >> the foreign exchange market reflects the strong dollar, not the week yen. the dollar is also strong against many other currencies. i don't consider that the yen level is weak. it is similar to where it was in february. shery: kuroda saying that the yen will be aweak factor in prices, but not boj is far from its inflation target of 2%. boj has had some challenges. yearthe boj keeping the 10 yield market at 10%, it will feel the pressure. take a look at this graph. boj has gradually increased its holdings of bonds in the last few years, but may be difficult to persuade the other owners of what is left to give up their holdings. this will be a key challenge for the bank of japan. rishaad: let's get to this boardroom drama taking place in indiana -- in india. haidi: a lawsuit against the conglomerate. rishaad: tensions ratchet up between the mystery and its former employers. what is mistry doing now? a sudd

. >>> today, we learned about the disappearance of sheri papini. coming up, who investigate overs are looking for and new revelations the victim is providing to detectives. >> what action the state is taking against the general contractor that built to berkeley balcony which collapsed and killed people over one year ago. plus... >>> a whistle blower claimed elderly couples were tricked into buying time shares. now, a jury weighed in. the jaw-dropping results. of reach for far too long:s have health insurance.that's been out how? they enrolled through covered california. it's the health insurance marketplace where you'll find a range of plans from leading health insurance companies that offer you the best combination of quality, rates, and benefits. and, through covered california, you may get financial help to pay for coverage. to have health insurance starting january 1st, you need to enroll by december 15th. visit covereca.com today. >>> nearly a year and a half after a deadly collapse, six people died when the balcony gave way and they fell to t

. >> >> we continue to learn about the ordeal that redding mother sheri papini her husband explains howbeing left on the highway. >> she screamed so much she was coughing up blood from screaming. she said maybe people aren't stopping because i have a chain and it looks like i tried to break out of prison. she tried to tuck it underneath her clothes. >> you can watch the interview tomorrow night at 10:00. >> princess cruise lines agreed to pay the largest ever criminal penalty for deliberate pollution, forking over $40 million to government. the justice department says princess dumped waste for eight years illegally. the company says it's disappointed about the inexcusable actions of some of the employees. >>> and o'reilly auto parts agreed to pay a nearly $10 million settlement for a lawsuit of dumping hazardous waste. this is after an inspection showed o'reilly sent these materials to local landfills not permitted to receive them. >>> the city of milpitas is lighting it's tree, including dance performances and a magic show. leslie brinkley talks about what is on the wish list and what

shery: there is a strong opposition to the u.s. presence, okinawans feel of -- feel a burden. talking about two thirds of the 38,000 u.s. troops in japan stationed on the island. there had been protests about these facilities being built around that area because locals were worried about endangered animals and plants. resentings have been u.s. troops there but this announcement coming as well after another decision by japan's supreme court to move another u.s. base to another location in okinawa instead of making the american base lead completely as they wanted. we have bittersweet victory here. the prime minister saying they want stronger ties with the u.s. and emphasizing that they do want to reduce the burden on the okinawan people. yvonne: after struggling to deliver consistent profits, japan's display has gone back for more money. 630 $7 milliona cash injection from the government-backed fund which is as -- the biggest shareholder. about japan's display and the lifeline. level: they company was -- the anagramwas formed as an of three different units. gone wells have not l

shery: shares in chinese tech itu start trading after an ipo expected to raise $630 million. the mobile and selfie app 4eveloper plans to sell 57 million shares. it is the biggest tech offering in the area since alibaba. the chairman told bloomberg that the company has aspirations and social media. more exposures and let more people know about our brand. tools, andake better later to turn it into a social media apps. fell in trade after announcing another security breach. it says on unidentified third parties stole data from one billion users. inquiry suggested happen in august 2013 and is separate from the breach yahoo! reported last september. the stole the data may have included names, email addresses, telephone numbers, passwords, security questions and answers. the chicago stock exchange could be the first u.s. exchange to be owned by chinese investors. approved by the committee on foreign investment. the sale still needs approval. afterl motors fell reports that its chinese joint venture is under investigation for possible antitrust violations. sources say the network i

. >> one week after mother of two sheri papini was found chain and beaten on the side of this northern california road, authorities released new clues about the two hispanic women suspected of abducting her at gun-point near her home. >> she related that both of the subjects spoke in spanish, a majority of the time. of her captivity. further, the suspects concealed the hide their identities from her. >> in interviews with investigators, papini was able to provide only basic details about her kidnappers. one woman was younger, with long, curly hair. pierced ears and thin eyebrows. the other was older with graying, straight black hair and thick eyebrows. papini's husband telling "people" magazine, she was badly beaten, her hair chopped off and branded by her captors. he spoke about her abduction to abc news. sorry, a chain around her waist, a bag over her head that is correct. her left hand was in the vehicle chained to something. >> still unknown say investigators, the motive for her kidnapping. >> is there any indication that this is a cartel-related or possibly sex trafficking? >> we

. >> sheri redstone walked away from merging viacom and cbs. now is not the right time for a tie up according to source for the "wall street journal". one of the reasons for the reversal was redstone's faith in the strategy of the nuvi come ceo. >>> and fox well only need 48% of sky shareholders to approve the deal. sky is set to keep their ceo. >>> billionaire bill gates has launched a $1 billion fund called the break through energy intra fund. focusing on combatting climate change. don't miss an exclusive interview with mr. gates today on cnbc at 1400 cet. no stopping it. >> got toad mayor that. >> amazing. >> it will be interesting too coming at a time when people are worried about the goals not being followed through by the united states under a new administration. be very interesting to see how he wants to do that and what sectors. >>> e-mail the show. get involved. good morning to all of you. the address "street signs" europe @cnbc.com. you can also follow us on twitter @"street signs" cnbc. >> find me at nancy cnbc. >>> still to come out

the chairman is also questioning how milwaukee county sheri has been running the facility. theres the management of the facility. how does that interact with medical professionals and medical care in ensuring other people have adequate access to those professionals. last week... supervisor supreme moore omokunde called for clarke to resign. clarke said in response... he's upset "i got donald j trump elected potus." lipscomb says it's not his place to tell the sheriff what to do... but he operations of the jail. fox6 asked the sheriff for comment last week on the audit... he referred us to his previous statement. harsh words for governor walker in madison about road projects that are facing major delays--and those criticisms aren't coming from democrats. political reporter theo keith has more on what happened at the hearing. at the capitol, governor walker's d-o-t secretary answered question after question. but he got fellow republican questioned out-of- state travel. a lemon law conference in san diego, which i guess is a nice place to visit but i dont know why we need to d

. >> reporter: as thanksgiving approaches, the search and rescue operation for "supermom" sheri papini is failing. there's been no rescue, and now there's not even a search. >> i'm coming, honey. i'm trying. i'm doing everything i can and i love you. >> reporter: still, a shell-shocked keith papini is keeping his wife's name in the and for my family. i would never wish this feeling upon anybody. it's taking its toll on me. >> reporter: there's sympathy, of course, but there's also plenty of skepticism. police, following standard procedure, have to eliminate keith as a suspect. remember, the only physical evidence in the case, sherri's cell phone, those ear buds with strands of her hair all discovered and provided by keith in two photos he snaps and then gives to authorities. when you saw the way that that phone was pictured in the photograph he sent you, did it make you think that perhaps it was staged? >> it looked like it could have been placed there, along with the ear buds being placed on top of the phone's screen. >> reporter: your wife vanished. >> mm-hmm. >> reporter: you're als

. 49 people are dead. 53 injured. 1010 people rescued from inside the club by dozens of police and sheriff's deputies. >> why not launch that rescue operation sooner? >> going in that doorway within the first few minutes, basically would have been a suicide mission for the officers. but also, like i said, more importantly, i believe many hostages would have lost their lives at that moment. either from the gunman or from friendly fire from our officers, if we had gone in right away through the bathroom. >> reporter: the survivors were interviewed that same day. only then did the chief learn the gunman had been waiting to ambush his s.w.a.t. team. >> i'm very, very proud of the way the orlando police department responded. >> deborah feyerick, cnn, orlando, florida. >> incredible. thank you so much for that. >>> coming up next, 20 years after her death, we explore the unsolved murder of child beauty queen jonbenet ramsey. it is the subject of a new cnn documentary. that's next. since we started shopping at way bfingerhut.com. first down! that's because with fingerhut.com we can shop over 70

start to filter on in slowly as we head towards the weekend brought us that rain this morning that sheri spear was tracking. the winds out of the west picked up and they transport some clouds and light rain reported in places like worcester right now. we have to be aware for a few sprinkles coming out of the clouds. for the most part, it's mainly dry this evening with temperatures in the 40s, 50s across boston to the south shore as well as the cape and islands. if you get any breaks in the cloud cover, you may want to 5:53 p.m. is when you have the best viewing chance of the international space station. it will be visible for three minutes. you might see it passing by. it looks like a star but moving slower there, of course, than a up plane. overnight weather. we see temperatures falling into the 30s. mildest along the coast. partly cloudy conditions and more clouds through the interior, but that wind is busy out of the west. it will feel a bit cooler, and that's when we look at the windchill valu a tomorrow morning when you check in, she will talk about the windchill values feeling like

it's illinois congresswoman sheri bustos. take a look at her illinois 17th congressional district.t encompasses much of the quad cities area. a little more rural than close to chicago. she was awarded 20 points by her challenger. donald trump won 12 of the 14 counties that make up her district. we know had he carried the district by a lot. estimates of about 20 points. and this week nancy pelosi nominated bustos as co-chair to hone the democratic message to working class voters. she joins me now. congresswoman, welcome to the show. >> hi, chuck. >> so you heard probably part of my interview there. there seems to be a generation of house democrats that have a lot to offer that maybe felt stuck and pursued other opportunities to work in democratic politics. chris van holland, bobby today. do you sense there is that frustration in the caucus? >> if you're good at what you do, you're going to have opportunities. for chris van holland to be the next senator in the state of maryland, good for him. he's a great democrat, he's a great spokesman for our party, and for javier, i couldn't be

one week after a mother of two, sheri papini was found chained and beaten on the side of this road. they are speaking to two females suspended of kidnapping her at gunpoint near her home. >> she related that the two suspects spoke to her in spanish most of the time during her captivity. they concealed their faces in an attempt to hide their identities from her. >> reporter: in interviews with investigators, papini was able to supply basic descriptions about her captors. papini's husband telling people magazine she was badly beaten, her hair chopped off, and she was branded by her captors. she spoke about her abduction to abc news. >> she was bound. she had a chain around her waist, she had a bag over her head, that is correct. her left hand was in the vehicle chained to something. >> reporter: still unknown, say investigators, the motive for her kidnapping. >> is there any indication that this is cartel related or possibly sex trafficking? >> we don't have specific information. >> this is where we believe sherri was taken from. >> but investigate orinvestigat has his suspicions. as

michelle: this is something i found that shery ahn talks about llen talks about is that not all fiscalis the same. some can boost potential gross and others borrow from the future and create excess and boom. i think you hit on infrastructure spending. to me, is a structure spending program, if that were to happen -- and infrastructure program could support trend growth and expand the business cycle. at this point, it is unclear as to when that would be limited. there is also questions as to whether it would be tax credits or government spending and it has a different impact to the economy. scarlet: michelle meyer, head of u.s. economics at bank of america, merrill lynch. housing next.on this is bloomberg. ♪ withand we are back michelle meyer, head of u.s. economics at bank of america merrill lynch. want to talk about housing, what of the big stores this year and one of the key reasons people were less on the economy. if we going to the bloomberg, we can see evidence that the margins of how rates affect the economy and market, here's a look at 30 year yields inverted with the nba index.