. >> reporter: chief cabinet secretary yoshihide suga says the government will thoroughly explain the bill at the diet. it is expected to become the focal point of the latter half of the current diet session. ayaka hatta, nhk world. >>> switching gears for business headlines. wall street saw a set back. we go to our business desk for more of that story. >> they have been counting on president trump growth strategy. now may are worried he will struggle on his pledges, for example on his tax cut and deregulation. u.s. stocks took a sharp turn lower as investors unloaded bank shares. the dow jones falling 1.1%. take a look at this. nasdaq down 1.8%. both showing the sharpest decline since september last year. we're going to see the reaction on tokyo markets. for that ramin joins us live from the tokyo stock exchange. >> pretty sharp downturn. very good morning to you. the catalyst does seem to be a sudden shift down from high valuations that we saw and a lot of bank shares on wall street. some analysts suggesting they were overbrought and that's after because of hopes of high rates. then

chief cabinet secretary yoshihide suga said the japanese government has not decided when to return its senior envoys to south korea. the government recalled the ambassador and a consul-general after a statue of a girl symbolizing the comfort women was installed in front of the consulate-general in busan. >>> most of them were high school students. >> reporter: relief for family members as the sewol ferry arrives in port. >> translator: now it's time for us to find our children. rather than crying and being sad and depressed, we should be finding our children. so now i'm going to find my child with my own hands. >> reporter: authorities raised the vessel from the sea floor last week. it was loaded on to a transport vessel and carried to shore. officials will now resume looking for nine people who are still missing. they will clean the inside of the ship and make sure it's safe enough to go in. the plan is to move the ferry out of the water and on to the shore. that's expected to happen. jeong won heung, nhk world. >>> the japanese government has designated the last friday of each month

japan's chief cabinet secretary yoshihide suga says he has high hopes for trump's pick. >> translator: i understand that the new ambassador is deeply trusted by president trump. he also has experience living in japan. the japanese government welcomes this appointment. i look forward to his official arrival in japan and working to enhance the japan/u.s. alliance. >> it won't be hagerty's first time in japan. he lived in tokyo for about three years working for a private consulting firm. >>> now turning to business, tokyo stocks had a rough week but managed to post gains on the last trading day. gene otani has the details on that and other headlines. >> investors were cautious in early trading in tokyo as the u.s. congress postponed a vote on a key health care bill. but market sentiment improved on reports lawmakers were making progress on the legislation. the benchmark nikkei average ended the day in the positive. our business reporter has more from the tokyo stock exchange. >> earlier this week, the nikkei saw its biggest drop since the u.s. election, but it recovered some of those los

japan's chief cabinet secretary yoshihide suga said the country's national security has not been affected and the government is currently analyzing the situation. >>> amid rising concerns over the launch, north korea says in a few weeks, it will convene its parliament. the annual supreme peopople's assembly will be held next month in pyongyang. the session decides the country's budget, legal amendments, and other decisions by the ruling party. observers will be focusing on a possible reshuffle of high-ranking officials and are warning it could be a time for the north to carry out provocative acts. it coincides with the fifth anniversary of kim jong-un taking on the top post of the ruling workers party. the 105th anniversary of the birth of kim's grandfather, north korean founder kim il-sung, follows. >>> there's been a development in the case of a school operator in western japan. it had planned to open a school on land it purchased from the state for far below market value. the court has approved the temporary seizure of its assets. the land was bought last year for less than 20% of its

yoshihide suga and shinzo abe have said japan will launch a firm protest. a security meeting on this issue and south korea. wash korea said the missile fired at about 7:36 local time. they are also reporting that they could be icbms. are analyzing the details of the projectiles, including distance and type. tests to do, as south korea and the u.s. go through their annual military drills, and north korea have called those a prelude to an invasion, came toe kim jong-un power, north korea has been launching a series of missiles and three nuclear tests, steps towards a missile that could carry a nuclear warhead as far as the u.s. those are amongst of the concerns. will this continue to affect them further damage relationship -- the relationship between north korea and china? rosalind: china has been putting pressure on north korea. for example, they banned coal imports from north korea. north korea relies a lot on china for access to hard currency, and coal is one of its key exports to china, so that will hurt north korea fairly hard if it goes through. while c