toshiba has been shown by irrec larts. the company had originally predicted a net profit of $1 billion. now it is reporting a net loss of about 38 billion yen or $318,000 in fiscal 2014. the toshiba president has just gone in front of the media to explain the results. >> we deeply involve to our investors by creating an irregular situation. >> they announced candidates for toshiba's board of directors, most from outside of the country. officials say toshiba posted losses in its semi conductor division. the exposure forced the company to further revise down profits t. company said it would downgrade the profit of $1.8 billion. now it says the amount is $1.89 billion. toshiba will seek approval at a shareholders meeting on september 30th. china has revised down its gdp growth rate for last year. analysts say the unusual move confirm the country's economy is on a declining trend. officials at the national bureau of statistics said on monday that the ecomy grew in 2014 by a revised 7.3%. that's down 0.1 percentage point from t

toshiba has been under increasing pressure.e that things are turning around as the credit default swaps have followed the most in months. checking markets in asia, the new zealand, it is climbing. .1% higher. the new zealand dollar spot climbing from the low on friday, 52 u.s. cents is the level. let's head over to japan, the nikkei to 25 closed more than 2% nikkei 225 closed more than percent down. we are forecasting a lower open. the dollar yen is weak. it is the recent turmoil in the chinese market that has implications much farther afield. as the shanghai composite has sunk, it has taken the australian dollar and they have been moving step-by-step four months. for months. let's take a closer look at this. this illustrates how tight the relationship is between australia and china. the number of exports go to them a the economy is reliant -- large number of exports go to them so the economy is reliant. if you look at them side-by-side you see them moving. the shanghai composite loses 40% of value and the australian dollar is

and toshiba's tales.ng delayed result of irregularities, colleges, and top-level sackings. angie: also coming up this hour, and owed to coal. boost australian miners is being dismissed as ludicrous by environmental groups. the pain of parking. aboutkorea starts talks families divided by the 1950's war. we have reaction live from seoul . and great expectations. taking on china with big names and an ambitious plan. keeping an eye on the markets, the regional indexes -- failing to keep hold of the earlie

toshiba has also announced a commitment for ¥400 billion.toshiba did not specify what they would use the money for. they only said this is for future uncertainty needs. analysts are guesting it might refer to future restructuring such as cutting jobs. also for maybe -- toshiba is listed not only in japan but also the u.s. and overseas markets. we don't know where there were finesther there will be for those markets. it is seen as preparation for the future. yvonne: this credit line nearly double what they had before. we will see if that helps. thanks so much, grace. but take a look at some of the other stories we are watching. here is shery. shares surged in london and new york, after the company said they can withstand current market conditions. this recouped some of the huge losses from the previous day. we are told the meeting will be held by barclays in london and the management plans a large meeting. they said the solvency is not at risk. they announced a $10 billion debt reduction plan. as the chinese economic slowdown hammers commodit

. >>> electronics giant toshiba delayed the release of the accounting figures. let's go to the business desk for details. what is behind the move? >> a lot of focus on the figures, a lot of analysts looking at them. toshiba executives plan to release reports on monday but decided to put it off for another week until september 7th. as the second time they have postponed the report. toshiba officials sited ten incidents of possible accounting irregularities inside and outside japan. they said these require special internal auditing and also found errors in the calculations of fixed asset losses. the officials say they need to revise downward their pretax profits for the past seven business years by around $1.7 billion. but president and chairman said on monday that actual figures will not be too far off the numbers previously released. >> translator: if the company fails to meet the new deadline, the responsibility would weigh heavily on me. i might have to consider resigning my post. >> he said company officials plan to hold a shareholders meeting in late septemb

and three of four toshiba recent presidents have stepped down. market regulators are unlikely to launch a full-scale investigation and phenylize toshiba for undermining investor confidence. toshiba stakeholders are threatening to sue. >> let's have a look at individual stories in europe today. shares trading hider after the company says it's confident it can operate most long flights on tuesday, despite an all-day spriek bit pilots union. the german airline also says an emergency plan will let them issue today and fractionally up. >>> tesco has agreed to sell its unit home plus for 4 billion pounds. the british retail giant expects the deal about done by the end of the year. shares off by 0.5% today. shares of ab foods trading at the bottom of the stoxx 600. the owner also with overseas results with threatening of the pound. shares of vivendi reacting positively from comments from the company's chief executive saying they may raise stakes. in telecom italia and added, quote, never say never, vivendi up 0.5%. in a first cnbc interview, the chairma

. >>> scandal hit electronics maker toshiba. gene otani has the details from our business desk. >>> thanks, james. the report for april through june post an operating loss of about $91 million that's compared with about $400 million in profit a year ago. toshiba has been shaken by disclosures of major accounting irregularities. company officials say they find no problems in this quarterly report. the report is about one month late. toshiba twice postponed its financial results for the last fiscal year due to the irregularities. april through june sales stood at more than $11 billion down 4.5% from the same period last year. company officials said sales of personal computers fell in the united states and europe. they plan to review production of personal computers and housing appliances this year. japan and the european union trade negotiators began another round of talks on a free trade pact. they hope to reach a deal by the end of the year. the working level officials are trying to narrow differences and economic partnership ag

. >>> toshiba is looking deeper into a scandal that dealt a heavy blow to the firm's bottom line. gene has the details on that and a wrap up of today's business headlines, gene? >> thanks, james. officials at toshiba appointed a new panel to take a closer look to look at irregularities in the company's account, asking three lawyers how much involvement former executives had in the matter. the officials at the tokyo based firm were forced to write down pretext profits for seven years by $1.9 billion, reporting a net loss of $315 million for the year to march 2015. a shareholder is pressuring auditors to pursue former executives for damages. the three independent lawyers will interview at 100 people about what went on at the firm. they are expected to submit a report focusing on individual responsibility by early november. executives will look at the findings before deciding whether to seek damages against their predecessors. government officials say japan logged another trade deficit in august as exports to china slopped. officials at the finance ministry said the deficit came to 4

a shareholder in toshiba has demanded company executives pay damages over the scandal. three former presidents should pay more than $8 million. the investor says if toshiba auditors don't act on his demand within the next 60 days, he'll file a lawsuit on behalf of all shareholders. >>> consumer sentiment improved in the last month. the consumer index for households of two or more people raised 41.7. they attribute the rise to an improving employment situation and lower gasoline prices. >>> sales at mcdonald's japan rose in august for the first time in 19 months. company officials say sales last month were up 2.8% from a year earlier. but that's still far from a recovery as sales in august last year plunged by 25% on food safety scandals. mcdonald's says the number of customers it served last month fell by more than 3%. >>> tokyo is trying to lure some of the silicon valley spirit of innovation. entrepreneurs and investors from the valley are visiting the capital for a conference this week. mai yoshida. >> reporter: tokyo's shibuya district is a place where new trends be

they're likely to penalize toshiba. the tokyo stock exchange has put toshiba on the watch list as of tuesday and charged a penalty of $750,000. and that's all from the nikkei. back to you. >> thank you so much. >>> we're going to go to break here on "worldwide exchange." still to come on the program, cnbc is putting the sharing economy in the spotlights. we spoke to the engine for transportation as a car sharing service zip car joins us next. >>> ride sharing time. uber has been denied that any of its drivers have been arrested in jakarta. a company spokesperson said that no drivers have been arrested in the past or today and that jakarta police provided incorrect information. they said 30 drivers were arrested as the company was operating illegally. >>> it's not just taxi services that's part of the sharing economy and that's helping to revolutionize global business. lyft sharing is popular as well. we have this report from tokyo. >> narrow roads, no parking and expensive. it's no wonder why fewer people are buying car

. >>> japan's giant toshiba has delayed the release of its accounting figures. executives have planned to announce the firm's financial report for the year ending in march on monday. but they decided ahe last minute to put it off for another week until september 7th. >> translator: if the company fails to meet the new deadline, the responsibility would weigh heavily on me. i might have to consider resigning my posts. >> toshiba official cited about ten incidents of possible accounting irregularities at their subsidiaries both inside and outside japan. they said these requires special internal auditing and they have found errors in the calculation of fixed asset losses. the officials say they will need to revise downward their pretax profits for the last seven business years by around 1.7 billion but said on monday that actual figures will not be too far off the numbers previously row leased. as part of reform efforts, they aim to compile a plan to restructure struggling divisions by year end. >>> here's the look at some of the other business stories we're follow

sonic and toshiba winning their lawsuit against an eu antitrust case.toshiba was $31 million, although that was wiped out altogether. several other companies included in the case were samson and phillips, but they lost their appeal. apple's new products, will they help to turn around the slumping sales? something like 17% since february. brian stone gets hands-on. brian: remember that old iphone 6 you bought a year ago? well that is now the old outdated model. apple just introduced the new iphone 6s. the phones look familiar, the design is unchanged, but there is a new engine. 70%s running a new chip, faster than the iphone 6. iphone is heavily touting a new feature called 3-d touch. happens, like right clicking on a mouse, you get a series of shortcuts. touch does other things as well, press hard on a photo and it gives you a video. apple calls it live a photo. the iphone cameras are getting an upgrade. fromhave 12 megapixels, up 8. the selfie generation can rejoice, the front side cameras getting a huge boost. the new iphones come in silver, gray, and

the finance minister there is weighing in on toshiba's wrong accounting scandal. we heard from one person sainted shiva should release -- toshiba should release accurate information quickly. the problems are snowballing. 10 more cases of accounting irregularity have come to the surface. one is a project at one of his u.s. units, properly timed a booking of laws provisions have been found. other branches included in correcting and harassment charges. the new findings pointed -- cost them to miss a -- caused them to miss a deadline. the second delay of earnings which was initially due in may. internal and external probes of the accounting led to executive resignations and caused $1.2 billion in write-downs. apologized for shareholders last night. the stock is plunging again today and that is out of the company lost more than 1/4 of its market value this year. a trial date has been set for a class action suit seeking billions of dollars in compensation from airlines for alleged price-fixing. a u.s. district judge rejected the request for decision in their favor. indi

bold restructuring of the chip making and lifestyle division of toshiba.stigation and has set aside more than $70 million to cover possible fines. the president of japan said he will outline the racetrack -- the president of toshiba said he will outline the restructuring and apologized to investors for the scandal. >> the most aboard and thing is that internal controls failed even with senior management involved. we have been discussing how to avoid this happening again and we plan to create a new governance code. i feel strongly that this must not be simply a hollow shell. it must embody the soul of the company. is to leaveorgan the london metal exchange trading floor as it shifts to electronic transactions. it is one of the few companies still there. it says its trading won't be affected by the move. ella me is the last trading -- lme is the last trading floor in europe. new data from china may add to the feeling of gloom. last month, disappointing trade figures precipitated the depreciation of the yuan. let's bring in our asia economics correspondent. w

toshiba shares looked like this in the tokyo session. they are down 1%.ther story, an island where bitcoins are becoming accepted currency. on bloomberg.com. thousands of apps are created every day. what does it take to create a world leader? growing suspicion that china really not control the market. "trending business" returns in a minute. ♪ a suspect in last month bangkok bombing has confessed to possessing explosives. he was asked whether he was guilty of having bomb making materials. his translator said guilty. he was arrested last week near the thai-cambodia border. the architect whose controversial tokyo 2020 olympic stadium has been scrapped is to make another bid for the project. the cost of the original design balint to $2 million -- balint to $2 million. he is teaming up with japanese design and engineering company to offer what they say is a more cost-effective plan. the european union is finalizing refugees.esettle the proposal will be announced on wednesday and will aim to spread them evenly across the 28 nations from finland to spain. germa

toshiba is posting a net loss, slipping to the lowest in 12 years. here's how toshiba performed ahead of those numbers, the stock down 2%. this is the stock that has been beaten up year to date given the accounting issues the company has faced. it is down 40%, posting ¥11 billion first quarter operating lost. jonathan: thank you very much. here in europe, that is your market open. here's what we have lined up. the fed -- will they go one day? -- will they or won't they? the debate on whether they will raise the rates. we will bring you the latest comments from wall street. a: 30, europe's refugee crisis. germany has reinstated its border controls. later, oil bulls back? the most bullish bets since april on optimism, with the global oversupply will disappear. . we will talk about that later. let's get over to china the economy is still growing slower than the government target of 7%. industrial output missed forecast on sunday. investment was a much better. bloomberg's bureau cheif is standing by. reactionis a knee-jerk -- we ask the question whether

it is unclear how toshiba will change in the long run.a neutral rating and shareprice forecast of ¥380. ¥650red to a target of before it suspended recommendation in may. let's switch gears to softbank 5%ause shares are tumbling of this morning, the most in a year, giving them another reason to consider a management buyout again. he shall to the plan months ago -- shelved the plan months ago but scherzer -- shares are cheaper.making it they say that the shares are cheap compared to the stock that it owns. there is a $13 billion difference between the value of the bike and its investment in companies -- bank and its investment in healthways like alibaba -- companies like alibaba. the stage anding sprint. part of it comes from concerns about the american carrier, sprint, which only recently turned around performance. let's talk about their blitz, tz,icially -- airbli officially opening up a plant and america -- in america. they are hoping to increase profile against boeing. jets will be delivered to north american customers and they say in t

shareholders of troubled electronics giant toshiba meet in tokyo on wednesday. investment has lost 40% of its value this year following the accounting scandal that forced the firm to restate six years of earnings. a panel is currently investigating whether former and current board members and executives failed in their duties. it's china's national day on thursday. celebrating the 66th anniversary of the founding of the people's republic on october 1, 1949. president pink will be back from his u.s. state visit and is expected to make a televised address. economists we surveyed are predicting the c.p.i. rose 0.9% in september and the bank of korea's goal is between 2.5% to 3.5% but it's been missing its target for almost three years now. let's check in on trading in markets that are open here in the region. in sydney, the opera house, we are seeing gains and it is really banks leading the way today while miners and energy producers are leading the way down or lagging rather. but we are seeing gains 0.1% high inner australia. let's take a look forward to the after

toshiba has reported that net profits hit almost ¥38 billion. that is 238 million euros. rocked by an accounting scandal that saw president and vice president resign in july after they overstated their profits. lufthansa planning for a one -day strike. his 13th walkout in the last couple of years. they are trying to maintain your business model and budget chair against competition like ryan air. the cap between rich and poor is growing around the world. according to a new report, australia, canada, and denmark are the best at combining economic gross that is inclusive for all. six of the top 10 are in europe, concentrated in the north. countries like the u.s. and france are falling short in many areas. it was altered by the world economic forum. they are the behind the get-togethers in davos, switzerland. i spoke to richard, a member of the managing board and one of the architects of the study. he explained what set the countries apart. richard: these are countries that in there. group of industrialized countries score reasonably well across the range of 15 different area

toshiba apologized to investors and made attempts to avoid further accounting irregularities.for planting the bombs that sank a green peace boat 30 years ago and docked in new zealand when attack took place and on its way to protest against french nuclear testing and a photographer on board was killed and john says they never met to kill anyone. >> translator: i thought this was the occasion for me to express my deep regret and apologies to the family. i still see this as an accidental death. if they consider it to be an assassination and also wanted to apologize to the members of green peace who were on board the rainbow warrior and to new zealand. >> the case of missing 43 students and condemned the government inquiry into the disappearance of the students almost a year ago and john molman reports from mexico city. >> reporter: a night mexico cannot forget, a year ago in the town police with the local gang attacked bus loads of students and four hours of coordinated terror they killed some and abducted 43 others. [chanting] they hoped to heed off the wave declaring the stude

toshiba amongst the worst performers today nap follows news the securities and exchange surveillance mission is launching a probe into the embattled accounting practices. ch daiwa house industry led the pack up 3.8%. and sumitomo realty and sekisui were both higher. nomura holdings and mitsubishi finaial group both gained more than 1%. investors are closely watching a raft of key economic indicators from china due this weekend including industrial output and retail sales. and of course we will have the federal reserve decision on whether to hike interest rates too. giang nguyen at the tokyo stock exchange. >> thanks. >>> moving on to other markets. it was a mixed picture overall the asia pacific region. in china the shanghai composite ended the day almost flat. they are waiting for economic data due out on sunday. the index rebounded after three weeks of deines. seoul's kospiost more than 1% snapping two days of gains. that'sfter the bank of korea decided to kee its interest rate unchanged. for the week the kospi was up 3%. hong kong tended its losses. the index finally end six weeks

. >> first of all see the doctor and get your blood pressure checked toshiba your baseline is whether you need medication. other than that some of the things you can do are physical activity. 30 minutes at a time of aerobic activity at least three times a week. healthy diet. a mediterranean diet. and -- low salt diet. high in plants, less in terms of protein, mostly fish based protein. my mic fell off. >> no it's okay. i can see it. you're fine. >> okay. >> well doctor we appreciate pour time today. some great advice as usual and first and foremost see your doctor if you have the symptoms. thank you. >> thank you very much. >>> it's down to the wire once again. a possible government shutdown is looming. the trig they are time, fund -- trigger this time funding for planned parenthood. in the house republicans are outraged over thisser? 's release of -- this summer's release of secretly recorded videos showing executives discussing the use of aborted fetuses for medical research. >> this is about the character of our nation. and if we will not stand up and force president obama to veto

shareholders of troubled giant toshiba meet in tokyo on wednesday.heir investment dropped 40% of value this year. that, following the accounting scandal that forced the firm to rescind year of earnings. a panel is investigating whether her current board members failed in their duties. on thursday, china's national day. they are celebrated the 66th anniversary of the founding of the people's republic on october 1, 1949. president xi jinping will be back from his u.s. visit and is expected to make a televised address. we will find out how close korea's central bank is to its inflation goal on friday. economists surveyed riddick the seat -- predict the cpi rose. its goal is up to three and a half percent. it has missed its target for almost three years. for more on the week ahead, we are joined by the chief market strategist at ij. seemed like a quiet week on the domestic side for australia. i think china will drive the wave there. we have pmi figures coming out from china. it is a shortened market week for them. what you think? is: everyone is supersen

some are not sure how toshiba will change. the numbers could been indication. we will see.nting problems still ongoing. angie: thank you. shares have started trading in sydney. let's take a look right now. this after the company said it expects a weaker australian dollar to the tribute to afford percent boost in first half deck 40% boost in first-half profits. the investment bank is predicting net income to be higher than the previous year. size -- assetas management. macquarie is due to report at the end of october. the asia-pacific biggest energy overtake deal is no more after it was rejected. to paul allen in sydney for more to explain all of this for us. this decision not to a huge surprise, is it? paul: know, and there was speculation and whatnot not work out on the day it got announced and the weekend -- no, there was speculation it would not work out on the day it was announced over the weekend. we would have an announcement it was rejected. billion is seven, $11 -- and the deal itself, $11 billion it would've been the largest and the asia-pacific. analysts explained

except for toshiba, they have an ongoing accounting scandal. the weakening yen. take a look at moves in the market. tokyo electric rising more than four and a half percent after j.p. morgan chase. fuji industry rising more than 8%. the nikkei newspaper reported they might increase dividends. i want to take you through some korean movers, especially in the cosmetics industry. kpop boom is helping. overseas,gaining shipments have increased. more than 73% in south korea this year through july. despite slumping exports. also a lot of money flowing into bonds this morning. we have the aussie tenure actually gaining 10 basis points. at 2.76%. this is the biggest gain since july. the u.s. 10 year rising two basis points. back to you. rishaad: hong kong must be feeling a bit battered and bruised. the slowdown hurting the economy in china. it is a tug-of-war between beijing and washington. what we may see is a double any situation for hong kong. -- we might have to raise interest rates. rishaad: hong kong's monetary policy is not its own. reporter: exactly. we can see pre

toshiba announces a new line of credit and discusses its bookkeeping scandal with shareholders, investigatingholder responsibility. be's pledge. the japanese prime minister is guest of honor at bloomberg's headquarters. let us know what you think of the top story on twitter. here is the hashtag. ors comes by the last day rally. reporter: how much brighter picture in asia. asia still in in the red. trading day of the quarter. not a great one for investors. the asia-pacific index closing at its lowest level since 2012. but overnight,

the tokyo stock exchange said toshiba shares will be put on alert from today because trust in the companyhas been damaged by the accounting scandal. meeting on plans a september 30 and will give a forecast for the current fiscal year in october. shares have dropped 42% this year. compare that to 4.5% gain for the topics. apple expecting an initial sales of its upcoming iphone to set new records thanks to demand from china. arerders for the iphone very strong. analyst have raised questions about whether the new models will be able to match the success of last year's release. apple did not give pictures -- figures for preorders in the first 24 hours. 26, that is the day of the release of the new devices. this is the first year china is included in the list of countries to sell the smartphone at its introduction. rishaad: coming up later on, why office rents may continue to climb in tokyo. days before the fed rate decision, we look at why they may hold off any moves. . rishaad: we await the fed decision. let's ask our new guest where he is putting his money. he has been ranked by asian money

right, we are looking at toshiba shares, on the way up today. up nearly 5%.really up for a year it would rather forget. it has been struggling with an accounting scandal that has seen corporate apologies and senior heads on the block and today finally reported a $318 million loss from last year after delaying that twice. grace joins us from france. what does this scandal say about to shiva? what does it say about the state of corporate japan, too? i, rish. events a very difficult for to sheba. to sheba.four it is a company representing japan and they released their earnings results for more and we know that the final result was more than $300 million loss for the last fiscal year, and they actually amended the amount dollars --.3 million $1.3 billion for the past six years results. i would say it's a pretty big accounting scandal. today theyounced will come up with restructuring. aty will look that there their performance, especially flow perspective. rishaad: have investors moved past the accounting scandal? is it too precious for management to -- are there

toshiba has apologized to investors and will attempt to avoid further irregularities.t the current rate in ghana there will be no rain forests. let's take a look at what they have to content with. forests cover 30% of the world's land service. 4billion-hectares of trees. but a hectare of forest is cut down every second. that added up to 18 million hectors the size of portugal. russia has lost the most forest cover in 2014, but number six on the list is the democratic of congo. one of eight african nations on the list of offenders. experts predict that ghana could lose most of its forest covera coverage, the post in 25 years. >> this is a saw mill on the edge of the forest reserves. they receive word from chainsaw operators as they're known here. they're organized, often arms groups that go into the forest to cut down trees illegally. more than 80% of the timber sold within ghana is from illegal sources. the owner of the saw mill agreed to talk to us if we hide his face. >> people want to get out. it's very, very difficult to get out. >> we trek deep in the forest with

the president of toshiba was appointed after his predecessor quit during the accounting scandal. he is seeking to regain investor trust. shery: coming up, using mobile phones in japan may soon be cheaper, but some investors are clear me not happy. we have a special report -- are clearly not happy. we have a special report. guest explainsxt why japan, china, the u.s., and india should be considered in p arallel. ♪ rishaad: let's check on some of the stories making headlines around the world. a volcanic irruption on japan's mount aso. the volcano is on the southernmost main island. authorities have raised the 2 to 3 on afrom scale of 5. it has rumbled to life several times over the past year after decades of lying dormant. japan is part of the ring of fire. radioactive waste was washed away from the fukushima plant in last week's heavy flooding. some of the bags were torn and empty when they were recovered. were stuck on sandbars and could not be collected until water levels fell. germany is reinstating border controls for the first time -- reinstating border controls with austria

we did have our focus on toshiba that ended down 3%. japanese regulators were launching their own investigation into financial irregularities. this after they announced that they misstated their numbers for several years. down .5%. it was financial stocks and resources weighing down the share market there and the central consensus is its more of the fed than china that pulled down the share market. we have a couple of central bank decisions that made headlines today. the bank of korea held interest rates at 1.25%. as expected, down by 1%. finally i want to draw your attention. it's still up and running but the bank and the central bank there is expected to issue it's central bank decision for interest rates in about two hours from now and the expectation is it will hold steady at 3.25%. >> thank you very much for that. now the migrant crisis is expected to overshadow today's meeting of european finance ministers ahead of the euro group meeting this weekend. let's get out to julia live for us and as ever on the pulse of what to expect. j

people to follow through with, marry who you told them to, it better be stable and following since the toshiba two people not married to each other would both prefer to be married to each other and who you told them to. if that was the case they could just marry each other. it turns out that's an important property for many matching markets. the medical administrators, medical command found a way to do that in 1950. then couples started there in the market and -- one more thing about the medical clintonesque of its it was a successful. what i mean by successful? it was a voluntary process. when you look at an action appears almost all doctors were going through it and they were being employed at the hospitals that was adjusted for them. that match is producing a suggestion. you have been matched to the following hospital. the hospital has been match with the following students. please exchange signed contracts and go ahead. 95% of jobs were being built. the students were where they're supposed to be in july. and couples started to appear they were not there in july. they were somewhere else. t

there were more outsiders and that's how into the toshiba himself elected to elected student body presidente had a lot of those standing on the steps. he came up with that phrase the silent majority because they understood in 1970 that most of the country got the silent majority was then asked to delete. they were anxious about the riots on the street and a student protesters and the inner-city. and nixon kept right into that patriotism. by 1972, this boy won the groups know though republican had one before. he won 35% of democrats in 1972 and yet he was still haunted by the cool guys one in particular john f. kennedy. mixing and kennedy were friends. their offices were across the whole from each other. they recognized they were both shy. nixon actually and kennedy had a lot in common they were both shy. they were friends and kennedy actually gave him a campaign donation in 1950 for a thousand bucks. but then of course they ran against each other. many of you have either seen images from that debate. kennedy, cool and nixon. nixon prepared all day long by taking a nap and listening to the r

japan, toshiba rising 2%.osed up 2%, after gaining 5% after reporting delayed earnings after facing an accounting scandal. denaso had hsaseko and surging in trading in tokyo today. korea, fell by more than 4% today. the two koreas could hold talks on family reunions today. kia motors gained more than 1.5% fell the south korean yuan for the first time since 2011. kumho tires finishing the session lower by .6%. guy: thank you for the update. austria has close down its emergencyvoking the measures that will allow more than 12,000 people into the country. the migration issue taking center stage over the weekend as policymakers struggled to deal with the crisis. isthe time for blame games over. it is time for making decisions, turning decisions into actions. >> it makes no sense to have a public debate about who gets how many billions for what because this would not reinforce, but disturbed, the spontaneous solidarity with the migrants and the understanding by the german people. responseolutely need a to this human

all stocks rising today except for toshiba which has the accounting scandal going on.oday they said they will hold an extraordinary general meeting at the end of the month. after seeing this surge the nikkei lost all of this year's gains yesterday. probably a little bit of bargain hunting, but also being helped by weaker yen. we are seeing the yen declining because of this gaining of three consecutive weeks. we have the japanese yen will actually gain on an annual basis . it is now doubling for the past month. but, we have seen some weakness this week and that is probably helping stocks. it is making the japanese yen less of a safe haven. the australian dollar, we are seeing a different story, gaining for three consecutive sessions. it fell for the past month, even below the $.70 mark, but now gaining momentum, backup 4/10 of 1%. the image right now in asia -- a rally across the board. that to you. guy: thank you. shery ahn joining us from hong kong. stay with kong -- countdown. swiss this list should w engineering bay giving out the performance. they are concerning th