the network is over 380 kilometers long and is continuing to expand. taipei'snt of transportation spearheaded the introduction of the bike sharing system and continues to supervise operations. >> we hope to demonstrate here and throughout asia the effectiveness of public bike sharing in reducing motor bike traffic. taipei's mrt system has helped improve the environment over the past 20 years. with u bike, our transit system will become even more ecofriendly. >> the actual operation of u bike is contracted to a private taiwanese company that has worked hand in hand with the department of transportation right from the planning stage. ♪ ♪ 81-year-old founder of the company has played a hands-on role in creating the u bike system. a u bike user stops to chat with him. his company is also behind a household name bicycle brand. ♪ ♪ after working in various jobs in his youth, leo set up a bicycle parts manufacturing company in 1972 at the age of 38. called giant, it flourished as a manufacturer for foreign bicycle brands. it now applies the know how it acquired over t

just seconds later the plane crashed upside down in a shallow river that was near the taipei airport. >>> another shark attack is rattling swimmers along the east coast. millions of people head to the beach this holiday weekend. a 68-year-old man is recovering after he was bitten several times as he swam in waist deep water in north carolina's outer banks. that's the seventh shark attack in that state in three weeks, and in south carolina, a 12-year-old boy, he actually survived a shark bite to the leg. >>> well, the baltimore police department will be installing working video cameras inside all transport vans as part of improved security following the death of freddie gray. he died in april after suffering a severe spinal cord injury while being transported in one of those police vans triggering widespread riots across the city. the van carrying gray did have a camera. it was not working at the time. >>> well, donald trump is facing more backlash over his comments about mexican immigrants. macy's is the latest company to cut ties with the republican presidential candidate. the retail

the report into the plane crash in taipei says that the pilot shut down the wrong engine.is colleagues described him as nervous and hasty in the aviation safety council says that he failed a test as recently as may of last year. 23 people died in the crash. the report quotes the pilot as saying pulled back the wrong throttle . talks in are holding the margaret problem in southeast asia but did not discuss the refugees fleeing myanmar. the meeting was a continuation of talks in beijing. a trust fund will be formed to help migrants but they say they will not become involved in domestic issues of individual countries. washington has formally requested the extradition of seven officials in switzerland. they will be arrested in zurich. they are accused of corruption ocation of world cups and broadcast rights. say that thes accused siphon off at least $150 million over two decades. japan still intends to raise the sales tax again despite the economy's continuing weakness. the finance minister says that unless japan is hit by an exceptional economic crash the rate will be lifted

the hour. . >>> ♪ ♪ ♪ ♪ >>> taiwan's major me trop plis taipei, the mainstream street is packed with

the pilot of a trans-asia plane which crashed into a river in taipei in february accidentally shut down the wrong engine according to an interim report. 43 people died, including the pilot and copilot. the plane narrowly missed a busy road and clipped the side of a bridge. from taipei, cindy sue reports. reporter: views from a vehicle's dashboard camera, incredible footage of a plane going down just minutes after takeoff. what could have caused a one-hour dramatic flight to go so dramatically wrong -- domestic flight to go so dramatically wrong? taiwan's aviation safety council has published crucial details indicating the chief pilot shut off the wrong engine. instead of shutting down the one that had malfunctioned, he closed the one that should have helped them land safely. that left the aircraft with no power. >> the pilot flying the plane said i have pulled back on the wrong side throttle. reporter: had the mistake not been made, the plane could've safely return to the airport from where it had just taken off. investigators say colleagues interviewed after the crash described the pil

down towards the philippines. here in taipei we're looking at accumulation of rainfall. and we're looking at this accumulating a lot of rainfall in towards hong kong up to 150 millimeters of additional rainfall where previous rain system, the rainy season that has saturated the ground already. so flooding is going to be a huge risk. south korea has been receiving that beneficial rainfall but it's a little too much. and even here we're looking at some thunderstorms and heavy rainfall on and off in tokyo at 21 degrees. heat is going to be a problem here still across parts of italy and spain. we have some images coming out from these areas. local authorities and volunteer workers assisted in handing out free throw water to people in st. peters square to help deal with the extreme heat. many people took advantage of the heat playing in fountains and eating ice cream. in spain, the heat and dry weather triggered several wildfires, forcing at least 150 citizens from their homes. despite their efforts, some 700 hectares have been burnt. this fire is thought to have been man made

the strange movements from taipei. a look at a korean rejectedt has the request to buy samsung affiliates. wendy to take over the construction company, samsung cmt. it was part of an effort to s control. lee family' paul elliott owns over 70% of c&t.ung his opposition has been overruled. promised to buy back shares. the court says it will rule on this before july 7 team. look at that story. quite convoluted. just download the bloomberg app. tablet or other devices. coming up, the company that posted theshop biggest revenues ever. how much of that money coming from this part of the world. adobe's asia president. ♪ haslinda: the u.s. and cuba are ready to industry cement -- and by openingt embassies. it marks a major milestone but issues remain. among them, human rights, and demand for compensation for american properties confiscated. the world health organization come the firstbee country to eliminate mother to transmission's of hiv and sinless. -- syphilis. more than one million women went hiv around the world become pr

now, it's extremely hot once again across the south of china. 31 degrees in taipei as well as 30 degrees in hong kong on saturday. now, the southern hemisphere, it's winter. low temperatures in the south of queensland, they had heavy snowfall. and temperatures were very low over the past couple days. in sydney it was about 13 degrees. a little improvement as we go into the weekend and warmer than average temperatures are expected as we go into next week. so that's good news. we have a strong system coming in from the atlantic that will provide rainfall and windy conditions over the british isles. that includes scotland where the british open is taking place. along this cold front, severe weather is expected into the siberian peninsula. watch out for large hail damaging winds, and heavy rainfall. before the system comes in temperatures will remain quite high. about 40 degrees for the high in rome. and over 30 degrees in berlin vienna. here is your extended forecast around the globe. >>> that's it for us here on "newsline." but don't go away there's more to come here on nhk world. eek debt

down since the highs that we saw fromne 12, coming authorities moving to try to increase margin lending and also make it cheaper for people to trade, as well. taiex and taipeightly higher, the straits times and likewise. when it is an andy warhol dollar, it is in 1962 work. for $32.6 million in subsidies in london, beating presale estimates. ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage, all of taylor swift's music videos, interviews, and more. xfinity is the destination for all things tayloswift. referendum, pulls in greece show increasing support for a yes vote. allow7% of voters would more austerity, 43% would say no. australia has posted a trade deficit for may. the april deficit has been revised above $12 billion. exports rising slightly. there dollar weakening only slightly on the release of that data. new margin trading goals were no longer require rocher urges -- brokerages to cut transaction fees by 30% as of next month. here is david. i will visualize the dance that shanghai is doing in a few moments. with japanese carmakers. impressive sales numbers in the u.s. mitsubishi, a 32% increase in june compared to

the taiwan stock exchange said that stocks and bonds will not trade in taipei. nt has issued its highest level of alert. greece has made an 11th hour bid to stay in the euro with a proposal that meets most of the demands in exchange for a 53.5 billion euro bailout. the plan submitted last night on the smeared a minute by creditors if were nine ago, and it takes into account pension and taxes. alexis tsipras says the debt is we made more manageable. the package faces a hurdle in athens today, ahead of meetings in brussels. let's stay with the great thing, get up the gap athens. guy: there are significant tax changes as result of the proposal put forward by the alexis tsipras administration. a stop about what they mean, companies operating here. she deals with big clients, good morning. nice to see you. we have some changes, if you are a big company to mull what do they mean? >> they mean a few changes in the rates. basically, the corporate tax rates is inspected to increase to 28%. i know this was noted in the proposal does morning, if the figures are not met, the

the company did a bond issue in taipei. alysts are now surmising that perhaps it would use the proceeds from that to do some sort of age and merger and acquisitions. it is a global market share of 28%. maybe it would be looking to china. pepsi, and some of these pricing indications would be positive for other beverage makers. all of those stocks are up today. another factor that has been the arrest o -- best inform her performer has been cablevision. we have seen them look abroad for acquisitions, and they have been inquisitive. finally i want to look at netflix which is trading at a record. looking at $.35 versus the $.26 that was the previous estimate. the new price target for morgan stanley is $7.50 area i want to look at my bloomberg terminal to look at the average price target. $6.47 this is run a ratio of buy and sell rad tings. the gold line is the target analysts. it is trading above the target price in terms of what they are anticipating. i am struck i the hat trick of great titles. air bud, green is the new black,

we operate are the securities information processor for taipei. the open and close tend to be market wide. those systems -- you need to have absolute resiliency in all your systems but you need to make sure that stocks including nyse listed stocks can continue to be traded. fortunately in this instance they can continue to be traded though it is not a good day. i don't feel good for our customers who are having to deal with the fallout. >> we had of course issues on other servers. united had an issue on their server. the "wall street journal" had an issue on their server. can you tell us if any of those outages or problems are in any way connected? >> no they're not -- well not connected with us. whether they're somehow connected with each other i don't know. i've been focused on communicating with customers and our internal staff today. >> you don't believe there is a connection between what happened at united the wall street and the outage at the new york stock exchange. >> right. >> give us some signs that would indicate things are going to get

this would be one of the bigger stories of the year if it remains this strong. okinawa, taipei damage with this storm system if it makes it there by the latter portion of the week. and the other story is the heat across europe. is this an optical ill love? it is an incredible site as people try to cool off. in germany, receiving the highest temperature germany has ever observed in recorded history. 104 fahrenheit. and frankfurt at 100 fahrenheit is occurring on sunday. but notice a pattern shift here the warmest weather moves east. london will begin a cooling trend. but severe storms in hanover. lightning strikes taking two lives in germany over the weekend. and hail size reports nearly the size of grapefruits or a teacup in diameter 3.5 inches or 9 centimeters in olpe germany. max you are probably glad to be getting away from the london heat. >> the sun came out when i left. >> that happens. >> we talk about heat waves. >> he is glad to be with us. >> i feel bad talking about a heat wave in uk. >> we will take you in atlanta. you are a welcome guest here. >> thank you, so much

as the recovery operations continue of course our thoughts are going out to those family members david molko, we appreciate your reporting. >>> reuters is reporting that a plane that crashed in taipeiad shut off the working engine after the other lost power. that's according to a source with knowledge of a new report in the investigation. you may remember this video. the crash was captured on dashboard video. 43 people were on board and died as a result of this crash. the latest report set to be released on thursday. soon after the crash aviation officials in taiwan said they would examine the possibility that the crew had turned off the left tengen. transasia has not commented on the latest findings. >>> a quick break. within we come back the scenes in greece will look familiar to people in argentina. we will talk about the lessons learned. >>> and the u.s. gets yet another republican candidate for president. a politician known for his blunt and brash style. >> and another one. >> stay with us. . >> ideas and hard truths. if you have moderate to severe plaque psoriasis. isn't it time to let the real you shine through? introducing otezla apremilast. otezla is not an injection or a

the next up in brady versus nfl. ♪ it is noon in taipei. ust to fight his four-game suspension in his deflategate scandal. he says there is no smoking gun. away fromre one hour earnings. how is the social network trying to sustain rapid growth in mobile business? scarlet: under fire for allegedly overcharging, we will take a look at disneyland paris. ♪ alix: let's get right to a look at the markets. definitely there is some action that we saw wednesday with a rate decision that came out. the rally seemed to be interpreted as dovish and then it went back to the flat line after that. really,ally -- scarlet: nothing changed. alix: entirely accurate. we talk a lot

the cost of courage.: ." thank you for joining us. see you next time. ♪ rishaad: it is tuesday and this is "trending business." we are live to bangkok, taipeiis hour. numbers and decline for the fifth day because of china around the world. brent crude is in a bear market on global oversupply and weakening demand while gold remains near five-year lows. and a bumpy flight in china and hong kong. the buyer is delta looking to expand its presence in the asia-pacific. follow me on twitter. and don't forget the #trendingbusiness. let's get straight to the market action to we are clawing back some of these losses. >> we are seeing a couple of the big players like petrol and china and positive territory and paring back losses on the a market. that is kind of important because the try to very much consider the state of state linked markets. it is obviously going to stop the route, but having said that we are still down 5% on the shanghai composite. as is the biggest two-day

the upside. a -- trade data beating some estimates. kospi up by .75%. taipeig up on the other side of the break, why australia is cutting funding to one renewable energy source. and a more in-depth look at market action after the break. ♪ next china's exports rising into or the first time in four-month. you one values. the shanghai composite trading slightly higher. second-quarter gdp figures arrive on when they. eurozone leaders gives an ultimatum to greece. alexis the press gave a list of demands he has previous he rejected. a greek official in brussels says the eu demands are very bad for the prime minister and the greek people. the nintendo president has died from cancer of the file.. they announced a tripling of revenue. seeing the japanese lunchtime session -- morning session come to an end. let's find out what else is going on. move are seeing positive in the asian region. listed inthe shares hong kong. 15%.ently down almost the a shares in shanghai are doing ok at the moment area we will have a bit look at how the shanghai composite has been doing. sin

man on the hood of a vehicle attempting to break the windshield using a baseball bat. [ shriek ] august 30th, 2011. taiwan. about an hour outside taipein and her daughter are driving down a narrow street when they encounter a car going in the opposite direction. there's no room to pull over, so the woman starts backing up slowly. then two men appearing angry start banging on the green toyota. one of the men has a baseball bat. the man with the bat gets in front of the toyota and the driver starts backing up. the woman in the car, with the dashcam, continues to try to remove herself from the escalating situation. but just as the green toyota is almost out of view, it begins accelerating right toward the woman and her daughter. the man with the bat is kneeling on the hood and pounding the windshield. [ scream ] after the crash, the furious man lunges at the vehicle again, trying to break the glass with his bat. the driver in the green car trying to flee rams his car forward again. the woman can't move her car. it's been disabled by the collision. the attacker walks away from the green car as it backs up. the woman and her daughter get o

the dude. and it crashed into a nearby river, minutes after takeoff from taipei. we are just three days away before greek voters have their say. a poll suggests increasing support for a yes vote. 47 percent of people vote in favor of the rescue deal. compared to 43% in the no caps off. the trimester renewed his call for voters to reject the plan in sunday's referendum. negotiators say they have resolved differences for curbing iran's nuclear problem, and historic agreement insight. here is what the iranian foreign minister had to say. >> we will continue, and we will make progress. we have made progress, and we will use every opportunity to make progress. anna: so, let's get thoughts now. he is the principal analyst thank you for joining us. do you see a deal? what percentage of ability? >> i would say, at the moment, a deal is still looking more likely than not. tough negotiations at the moment, we can seal a broad outline of framework. having said that, there are still some very difficult issues that need to be resolved. the main one probably being the pace at wh

the province of guangdong. but this typhoon chan-hom has its eyes set on shanghai for sunday afternoon and evening. it will pass in between taipei and okinawa but late sunday we are concerned about. thankfully meteorologists have a new weather satellite launched in japan in 2014. it just became operational this tuesday. this is good because it helps us predict the timing of these individual storms that are heading in a generally westerly direction. i want to show you other footage that is new to cnn. this is a tornado, a rare event just west of venice italy. this is in the town of mira. unfortunately there was one fatality and 20 injured from this cone-shaped tornado. it tore apart buildings and ruined businesses. you can see some of the shrapnel and debris flying down the streets. you can hear it hitting the cars. these guys were precariously close. >> why reason they driving the other way. >> that should be their first port of call. >> you need to get away from a tornado as quickly as possible. car does not bode well for humans. >> thank you for that. now i know. >> now you know. >>> pope francis arrived in santa cruz bolivia