Aung san suu kyi on her election victory and promised a smooth transfer of power. The new administration will be sworn in at the end of march next year, ending decades of rule by the mill tru or a militarybacked government. The military will, however, retain considerable unfluns over the countrys politics. The constitution allocates it a quart he of parliamentary seats, getting it veto power over constitutional change and the head of the military can pick the ministers of defense, home affairs and border affairs. Aung san suu kyi met military chief who said they had a fruitful discussion. Japanese officials are calculating how much tax theyll be able to collect for the current fiscal year that ends in march. Gene otani has the details on that and a wrapup of other business headlines. Thanks, james. The japanese government is likely to earn far more than it forecast. Officials say tax revenue will exceed a projection made this january by more than 1. 5 trillion yen, over 12 billion. Total revenue will be the highest in over 25 years. Its estimated to come in at more than 455 billion. The officials contribute the increase to a rise in Corporate Tax revenues on the back of improved earnings. They say another factor is higher income taxes collected due to increases in wages and stock dividends. They plan to use the extra money in a draft supplementary budget now being worked on. It includes another 2. 4 billion for lowincome pensioners. Another 2. 4 billion will fund measures to strengthen the agricultural sector. Falling prices and shrinking demand are putting the countrys Oil Distributors under pressure. Officials and japans wholesaler, jx holdings are talking about a merger with another firm. Sources say the companies will hold board meetings as early as thursday on the negotiations. Jx made the proposal as a way of streamlining the companys refining and retail businesses. The companies could merge in the first half of 2017. Theyll need to figure out which refineries should cut or stop production. Jx operates gasoline stations under its brand, including esso and mobile. Tokyos nikkei average ended lower as many investors looked to book profits. For more we go to mayu yoshida at the tokyo stock exchange. It looks like investors took some money off the table after the benchmark hit 20,000 on tuesday. First lets take a look at the closing levels here in tokyo. This wednesday, december 2nd. The nikkei closed down 0. 4 at 19,938 the topix closed in the positive. Analysts says this means the market still has strength and investors d not rush to sell stocks as theres growing expectations that the European Central bank will announce further easing on thursday. If the ecb unveils more stimulus, more cash would flow into Financial Markets with some probably going into japanese equity markets as well. Today i was following stocks, oil firms moved directionless but ended lower after news about a merger negotiation. Meanwhile, tech firm sharp jumped over 3 after a report that a statebacked fund is considering buying a majority of stake in sharp for about 1. 6 billion. Now, looking ahead, Market Players will be waiting for the federal reserves beige being of Economic Conditions due out later on wednesday, two days before the u. S. Key jobs data coming out on friday these are the final checkpoints before the feds Rate Decision later this month. Im mayu yoshida reporting from the tokyo stock exchan. Thanks. Other markets end mixed. The shanghai composite jumped 2. 3 . Australias s p asx index ended a touch lower. Banking shares climbed on better than expected gdp figures. Hong kongs hang seng index extended its gains following a rally inshanghai. Singapore advanced 0. 5 . The kospi fell 0. 7 , dragged down by experortrelated shares. Artificial intelligence could replace humans at half of all jobs in japan within two decades. The findings are from a joint project conducted this year at oxford university. The jobs include supermarket staff, taxi driving and security. About 25 Million People in japan are presently engaged in such work or 49 of the working population. But the researchers say it would be tough for machines to replace people such as doctors, teachers, tourist guides and others who require communication skills. Creative people would also be difficult to replace such as film directors, musicians and artists. Heres a look at some of the other business stories were following. The bank of japan Deputy Governor indicated it may not hesitate to inject more cash into the market if the inflation outlook worsens. He said japans inflation trend has been improving steadily toward achieving the banks price stability target of 2 . He said the most significant risk is further slowdown in emerging economies, particularly china. The Monetary Base fell in november for the first time in 16 months. The figure represents cash in circulation and deposits held at the central bank. Boj Officials Say the Monetary Base at the end of last month was about 2. 8 trillion, down more than 6 billion from october. Officials say the decline is temporary and the Monetary Base continues on a rising trend. People in hokkaido, northern japan want a bigger slice of the tourism boom. Theyre pinning their homes on a new bult train link from tokyo that opens next year. Nhk worlds June Takahashi has more. Reporter japan has become a hot spot for international travelers. Already in the First Six Months of this year, more than 16 Million People have arrived from overseas. Weve been in kyoto, knaey yr cities. Reporter they travel the country with the rail pass, offering unlimited ryes for up to three weeks on trains. Run by the Japan Railway country. Its only available to people outside japan. More than 600,000 tourists bought the pass in the fiscal year that ended in march. Thats a 40 increase from the year before. A portuguese traveler is using the pass to go to hokkaido. I wanted to see the landscape and have a good idea of distance to enjoy a lot of nature and of course the wine and the food. Reporter he will save about 140 with the pass. He said he will put the money into sight seeing instead. But he has to say two trains to get from tokyo to his destination. That trip will take about six hours. Travelers like him will be able to cut their travel time to just four hours next march when the new train line opens. The shorter travel time is expected to be a boom for tourism. Translator tourists are likely to stay longer in hokkaido so theyre able to spend money and perhaps even extend their trips and go elsewhere. Reporter in hokkaido city, officials created a map showing tourists where to find free wifi. The city is hoping travelers will get online during their visit and generate buzz about the region. Translator wed like foreigners to play a greater role in promoting travels to our city. Reporter another city is also kin to attract more travelers. A local Government Agency organized a tour for foreigners who live in japan. The organizer wanted to find out which places and activities are most interesting to people from abroad. Participants said Historic Buildings and cultural aspects have a strong appeal. I think this place is very amazing because they have a lot of old buildings. Its very nice. Reporter residents of hokkaido are getting ready to welcome as many Foreign Tourists as possible. They will be waiting to meet them as soon as they step off the train. June takahashi, nhk world. Thats it for business news. Ill leave you with the markets. Officials from tokyo and okinawa have made their cases in court in a rare struggle between central and local authorities. At issue is the proposed relocation of a u. S. Marine corps air base within okinawa prefecture. The Central Government filed a lawsuit last month, wanting to move the futenma air station to henoko. Okinawa governor is against the project and revoked a permit to reclaim land at the site. Tokyo wants the authority to override onagos move. Tokyo argues that delays caused by onagas decision will be detrimental to National Defense and diplomacy. More than 70 of the facilities are in okinawa. Tokyo officials argued that delays will hurt National Defense and diplomacy. They claimed the move will undermine the public interest. They also said that prefectural governors dont have the right to decide on issues of defense and diplomacy. He rejects those arguments. Translator i think local autonomy and democracy is being called into question in japan. Onaga said he spoke in the hearing about okinawas history and feelings of its people. The next hearing is scheduled for january 8th. Russia is giving yet another update on sanctions against turkey over the downing of its jets. Experts say the measures may add to a chill on the russian economy that is already suffering from declining oil prices. Russian officials announced on tuesday a list of 17 turkish Food Products including tomatoes, onions and tangerines. They will be banned as of january. Experts say the trade restrictions may raise inflation in russia. The country imports 20 of vegetables and around 15 of fruit from turkey. The russian jet was shot down by turkeys air force near the Syrian Border last month. Turkey says the plane violated its air space. Russia denies this. Multiple russian News Agencies have reported that moscow may also freeze key Energy Projects including work on a major gas pipeline between the two countries. But the Economic Development minister says it will be the Companies Involved who will determine the future of the projects. Nato Foreign Ministers say theyll take further steps to help turkey defend its borders from the threat of the Islamic State group. The agreement came during a twoday meeting in brussels that started tuesday. The minister said that nato allies are facing an increasing threat from the militant group which controls parts of syria and iraq. It is also claimed responsibility for deadly attacks in paris and the bombing of a Russian Airliner in egypt. Nato secretary general told reporters that all nato allies will contribute to the u. S. Led Coalition Fighting against the group. The nato chief said the alliance will keep about 12,000 troops in afghanistan until 2016. There are fears the Islamic State group is aiming to expand there. Nato will also keep up Financial Support for Afghan Forces until 2020. Cyber crimes targeting businesses have become a global concern and the issue strained relations between the u. S. And china. Officials from the two countries have held the first round of talks on internet security. Chinas state council and minister met with u. S. Secretary of home learn security jeh johnson and Loretta Lynch on tuesday. Xinhua News Agency Says they agreed for guidelines on cybercrime and to set up a hotline. U. S. President barack obama and chinese president xi jinping pledged in september their governments would not knowingly engage in cyber espionage. U. S. Officials say they will keep urging china to honor the agreement. The billionaire founder of facebook has pledged to donate nearly everything he owns in the site to charity. Mark zuckerberg says hell give up 99 of his shares worth more than 45 billion. Zuckerberg and wife Priscilla Chan made a promise in an open letter to their newborn daughter, max. They posted the message on zuckerbergs facebook page, saying they want to make the world a better place for all children and advance human potential. They say theyve created a foundation to support the health and education of young people. Theyll donate the stock in phases. Zuckerberg and chan write that all lives have equal value and society should invest now to help future generations. Billionaire magnates bill gates and Warren Buffett are wellknown for their contributions to charity. Talks at the u. N. Climate change in paris have gotten off to a rocky start. Negotiators from around the world began discussions tuesday on a new framework to prevent global warming. But theyre divided over whether it should be legally binding. Representatives from the South Pacific island nation called for a provision to make the agreement legally enforceable. The country phases the threat of coastal erosion due to rising sea levels. But delegates from the u. S. Argued in favor of a nonbinding agreement. They are believed to be seeking a compromise between a protocol that would require congressional approval and one that would need only president ial authorization. President barack obama said hes confident the delegates will be able to resolve their differences. Getting 200 nations to agree on anything is hard. Im sure there will be moments over the next two weeks where progress seemed stymied and everyone russians to write that we are doomed. But im convinced that were going to get big things done here. Delegates at t working level talks are aiming to compile a Draft Agreement by this weekend. Many of tokyos South Koreans live in a particular district that used to be a booming neighborhood. These days making a living there is difficult. Our next story is about one effort to revitalize the area. Reporter a Free Bus Service began in september, linking a busy downtown area. Passengers are kept entertained along the way. I was surprised to see dvds of stars on the bus. Its terrific. This man played a leading role in starting this service. He came to japan as a student in 1983. He had planned to return home once he acquired job skills. Translator i was skeptical of japan. I had a dark image of it based on what i had read in history textbooks and heard from my father. Reporter but his view changed as he interacted with the japanese people. He raised three children in japan and runs more than 30 chain Stores Across japan. Translator to me, japan is more than just a second home country. Reporter and the first part of the 21st century, this town was the destination for japanese infatuated with the south korean pop culture. However, as political relations between the countries deteriorated, the number of visitors fell off. Political disputes over history and territory spread anger. Some japanese took to the streets, spewing hate speech. Translator demonstrators yelled go back to south korea. And kill them. The hostility was utterly beyond description. Its very sad. Reporter he says the number of visitors declined to onethird of the peak. About 20 of tourists with t the stores with the south korean themes closed. He look for ways to revitalize the neighborhood and eliminate prejudice against South Koreans. Last year he organized a group of 150 South Koreans and they helped to put on a Film Festival this summer. In the past, south korean merchants rarely had any occasion to work with their japanese counterparts. Now theyre cooperating in projects such as keeping the area clean. Still, some friction remains. The bus service is one example. Japanese residents have shown little interest in it, even though the route includes useful stops for locals. He visited the head of a japanese Merchants Association to encourage support. We wl cooperate where we can but in some parts cant. Not everyone will be willing to cooperate if the south Korean Community goes ahead with plans without keeping us in the loop. We hope to be consulted in order to come up with ideas that can benefit both japanese and south korean shops. Translator we should have talked things over before putting our ideas into practice but we South Koreans usually dont do that sort of thing. We sincerely want to work with the community. Reporter oh believes people at the local level dont need to wait for a National Political official to achieve a meeting of the minds. Interaction long awaited. Youreatching newsline coming to you live from our studios here in tokyo. Tokyo can expect to see fight a bit of precipitation over the next 12 to 18 hours. Its currently 12 degrees celsius or 53 degrees fahrenheit. Well have an update starting with the snowstorm in iceland. The winter has just begun but the scene is more like winter in reykjavik, iceland. They were blasted with high winds and snowfall. Many schools were closed tuesday as roads became extra dangerous to drive in. Iceland was actually hit by a massive snowstorm in 2013. You can see the visibility is very low. Driving is extremely dangerous. Now, the significant snowmaker, its starting to move away from iceland. However, its still close together. Strong winds are still blowing and temperatures are much colder. Were looking at snow still across many parts of the country. The high will be 3 degrees in reykjavik on wednesday. A winter storm affected the u. S. Midwest a couple days ago. People there are still recovering from the damage done by the storm. Take a look at this video from the upper midwest as well as the Northern Plains. Record snow blanketed parts of the u. S. Tuesday. Some areas of the Northern Plains were covered in over 30 centimeters of snowfall. Traffic accidents and sporadic Power Outages were reported. Good news is most of this was in the form of snowfall instead of freezing rain. They experienced heavy freezing rain earlier this week, knocking out power to thousands and darthing hundreds of trees and structures in oklahoma. Now the storm is moving into the Great Lakes Region providing some snowfall and ahead of the system, theres a threat for freezing rainfall in the u. S. , north new england states. That could cause a thick layer of ice. Driving is going to be fight dangerous. And heavy rain is expected across the eastern united states, especially the appalachians. Across the west, heavy rain is expected for the coastal locations. Some areas will see additional 430 millimeters for the next several days and seattle will continue to see some snowfall into the weekend. Now, temperatures are going to be back to the double digits in denver, excuse me, vancouver as well as seattle. And sunny conditions in l. A. , 26 degrees for the high on your hump day. Finally towards asia, we are looking at Rainy Weather across the okinawa region due to a low pressure system. A new low will move into northern portions of japan. Ahead of this system, warm air is coming in. Temperatures will be warmer than normal on thursday. Back behind it, colder air is coming in. That will provide snowfall, especially for the sea on the japan side of the country and heavy rain will also affect the Pacific Coast of japan, including tokyo into thursday afternoon. Rain will continue into thursday morning in the tokyo area and rain will spread to the Northern Areas afterwards. Nah on thursday will be sunny, gorgeous weather on saturday, 23 degrees. Air conditions have much improved in beijing today. Temperatures will be 2 degrees on thursday. Heres the extended forecast. And that ends this hours newsline. Well have a report live from paris on newsroom tokyo at the tog . G . G . G . G . Make sure they are kept safe. The argument i was making is one reason why the members of the international coalition, including president obama and president hollande they believe britain would make a real difference in syria as they are already doing in iraq. It is important in this debate that there is respect across the house. In that spirit of respect, will the Prime Minister he must apologize. For what was put on every member of the opposition last night