softbank and fast retailing among some of the big decliners. currency traders also taking more of a risk avoidance mode and they had bought back the yen which they see as a safer asset. so some of the major exporters were trading lower on the back of the relatively stronger yen. toyota and tdk but shares of fuji film showed strength on the ebola news. it rose more than 2.5%. a drug made by fujifilm group is now under clinical tests for ebola. fujifilm up 0.36%. tokyo electric power company, the operator of the crippled fukushima daiichi plant was also trading higher one of the biggest gainers, in fact. analysts say investors cheered the news that tepco will review its restructuring plan by spring 2015. so with only one trading day left here the nikkei could still end up in the positive for the year despite the ebola concerns that we'll have to see if it closes above 18,000 levels. we haven't seen here in seven years. that's all for me. back to you. >> and that was ramin mellegard. and now let's see how other stock markets closed across the asia

softbank is pretty interesting. it is a large investor in alibaba.ally, it should be having a good year. deal that wasad a pursuing of treatment -- of t-mobile. investors were wondering what is left for softbank so that hurt the shares and hurt the wealth of masayoshi son. >> thank you so much for that. for more on the world's wealthiest, had to bloomberg.com/billionaires. a rich trove of content. a few more millionaires will be minted in spain this year due $3the largest lottery worth billion in what is called "el go rdo." ♪ >> how can i get a ticket? friend of mine can buy it for you but i'm sure he will keep it. >> how do i know he is a man of his word? >> he is. he will give me the money and then i will honestly pass it on. >> thank you. if i do win, half of my winnings go to you. >> right. busy day today. equities are on the way up. >> this is a paid advertisement from the new face of time life, starvista entertainment. ♪

it is interesting because you look at the success softbank has had with alibaba.ok at the problems with the sprint-t-mobile deal. alibaba is an investment in the past and investors are looking to the future. they are struggling to find any comparable investments and that is why softbank is down. and why he is down so much as well. >> thank you for that, tom. for more on the world's wealthiest, go to bloomberg.com/billionaires. chinese elite say the macau should change its game plan. we look at the visit to the territory. ♪ >> let's check in on some of the stories making headlines across the world. new york marking the deaths of two policemen. two members of the nypd shut in the patrol car -- shot in their patrol car. the killer posted in online threat saying there was retaliation for the debts of two black men by police officers. a man is believed to be arrested. several people have been arrested in connection with a school massacre last week. seven suspected taliban militants stormed the establishment on tuesday. they killed children and teachers. by number of pe

won a $250taxi million round of funding from softbank. to fend off competition from uber. the ceo said the investment makes softbank its biggest investor. they owned the largest stake in ali baba group. >> the former chief executive of diageo is being lined up to become chairman of the formula one board according to the financial times. he would replace the nestle chairman, who has had the top job on the formula one board for two years. 350 million euros over budget, three years late, and later on today, it will host a pretty important press conference. the ecb will set out their latest monetary decisions from the home of its new tower in frankfurt. >> here is a short explainer about what it is all about. >> on the back of that piece on the new tower of the ecb building in frankfurt, there is a lovely piece today which says, five questions for mario draghi from asset purchases to ltro's. the first question is, how fast is as fast as possible? >> he said, we need to raise inflation in the eurozone as fast as possible. how fast is that? doe

ilead wanted to buy you guys, they were behind at&t and softbank, you want to remain independent?not a matter, i have a fiduciary obligation on the behalf of shareholders. there will be a continued interest, it's about the brand, about the people, we're the fastest growing network by far, the fastest speed network. we can either have a great stand alone business or ways to increase scale, and we'll consider them all. >> you're the only ceo of them all who wears a batman ring. can we show this? >> why do you want to point things out? i am batman, it's not a matter of wearing the ring. liz: he's batman and he's here on our set. and you only see this on fox business, john, great to see you. >> great to see you as well. liz: john legere, t-mobile ceo making a bold offer. look at it as a christmas gift to yourself. closing bell in 15 minutes, the s&p took a leg down, the dow industrials down 49 points, all red on the screen. russia, blame them. on the brink. can moscow weather the plunge of the ruble and plunge in oil prices? both extremely vital to economy? george friedman just got ba

going through, in the sense that i remember rupert murdoch wanted to make a play for time warner or softbank interested in team mobile but got spooked by regulators -- >> the other major trend of 2014 has been the regulators and the change in washington which has been more reticent about transactions. we're waiting to see whether a number of deals will cross that finish line. other deals have been held up. you have folks like rupert murdoch, the 20th century fox corporation going after time warner, that not going through because they withdraw the offer, but a number of pharmaceutical deals led by the tax inversion, the idea they could change their headquarters and created another citizenship in another country, some of these deals have blown up because the regulators said we're not allowing that to happen. >> sreenivasan: andrew ross sorkin, thanks for joining us. >> thank you, happy holidays. >> woodruff: we return to iraq and syria where the brutal advance by the islamic state has been at least partially checked in both countries. >> reporter: the nearly-five- month-long u.s. and allied bo

the money is targeted to ooeb uber's expansion into asia which might be urgent since telco giant softbank the company is six times bigger than a year ago and grew faster this year than last, though it's not clear whether he's raising revenue. some concern in recent weeks over reports that an uber executive talked about an idea of digging up dirt on a journalist and they have been less than careful with potentially sensitive customer records. the blog post says it the company will mature as it grows and be a better corporate citizen. let's lock in the vote. 59% said no, they would not buy uber shares and 41% said they would. appreciate t.markets were down almost triple digits on trading session. right now the dow is down only five points on the trading day. the s&p 500 is down a fraction, you can call that flat, and the nasdaq is positive, ty. >> thank you very much. that does it for this edition of "power lunch." >> "street signs" starts now. >> well, it is the question that not many are asking. could lower oil prices actually hurt the american economy and the stock ral? hi, everybody, i'

large asianother company, softbank. >> what is motivating all of this?bution to asian customers. china has an enormous potential fan base and watch a lot of u.s. films that are often dubbed or subtitled in chinese. also, potentially, you buy a large u.s. film studio you could start making films. >> surely that could be done without needing to own part of lions gate. could they not strike some kind of strategic agreement where they help to distribute the film? >> and they might. that is what alibaba has looked at. , thedea here is lions gate aaluation going up and down, bit more light between buyer and seller, proving that a number of different chinese companies have look at mgm looking at bankruptcy, potentially at a point now where you could strike a deal with an upside on the other side if you want to buy some sort of stake. >> there is always the question as to the long-term viability of these independent studios. whether it is dreamworks, lions gate, or mgm, does a firm like this have deep enough pockets for? the table taken off indefinitely? >> or t

softbank is investing in a u.s.ith technology that can lift wind turbines into higher altitudes. this would mean more power, more consistent wind. sente turbines are significantly higher. as a result of which, you start to pick up more consistent air streams. you then have a very large cable which brings the power back down to earth. there are issues that surround this technology. aircraft and air traffic control. nevertheless, looks like a cool technology. we will wait and see whether one of those is flying over your house shortly. just when you thought you had seen them all, a russian tech startup is launching its phone. there was a previous incarnation which we brought you here on bloomberg. how is it different? the first difference is fairly obvious. it has two screens. one that is always on. it looks kind of like an e-reader. the other side is a bright, normal screen you associate with a smart phone. it has been used in international diplomacy. we went to the launch to check it out. >> [indiscernible] we are we

sun of softbank has had a terrible year. he is down about 35% which is about $6.7 billion.s that was an early investor in alibaba. that crystallized the $87 billion gain this year. because of the sprint-t-mobile d eal falling through an investors not seeing as many future alibaba investments, they are marking down the stock. that's all him lose nearly $7 billion this year and he is asia's biggest faller. >> we believe that there. for more on the world's wealthiest, head to bloomberg.com. can take a look at who topped the list. year.hard to be rich this we have beijing's anticorruption drive, the hong kong protests. it has been hard for the luxury watch market. lba's watcht of division says it is the start of a new era for luxury timepieces. let's look to the future of luxury watches, specifically the rising digital challenge. >> let's talk about hong kong. it is a city that is renowned for its love of luxury watches. >> yes. luxury in general. >> what is the tech where you want us to know about? >> watchmaking is not so often avant garde. it is traditional. i would say this

softbank controlling 79% of sprint as we know. but you're right, jim.his doesn't seem to be going anywhere but getting more vicious. >> yes, now, at t-mobile they've raised some capital too in order to be able to keep up. >> i talked to a couple of their investors who said, great, the company said we want to access new lines of opportunity for borrowing, for getting money. well, you know, the point was made, you could go to a loan shark, too, if i wanted to, but i'm not going to pay 25%. some people questioning why they chose to do that. >> opco says they're even talking about the tower stocks being under pressure. yes, these companies are raising money, but they're spending. >> who's the winner, except for the consumer? is there any winner in the market? >> the consumer. >> that's it. >> maybe you could argue if apple continues to be subsidized. they came out with their ibm, osm applications. yes, david, it is the consumer, like gasoline. these are all set up for good q-1 for the consumer. >> the only other answer i can come up with is those who own sp

. >> you do have softbank there.y're not going to want to lose control in any way. >> the bond market is still just not so hot. >> yeah. >> just not a lot of value there. it's just the wrong place to be. the yield has been going back up. it's moved the bank stocks back up. >> i see that. jcpenney this morning getting hit on that downgrade. stock's under seven. >> taking you back to february levels almost. >> the problem is they just underspent. they have the raw merchandise. they're frantically trying to get it together. >> although, goldman's point is hard to tune the engine when the traffic is crowded on the highway, the superhighway you're on. retail is changing. >> look, there's so many others that are doing better. doing a lot of changes at target. i do like the tjx call. >> television in focus. the cbs/dish talks coming down to the wire. trying to get that together by thursday night. then "the journal" today with this article. viewership of traditional television down 4% last quarter while streaming up 60%. >>