After 11 people were killed when a powerful storm swept across the region. And marking disaster prevention day. Nearly 1 Million People across japan took part in the annual drills responding to a simulated massive earthquake. Japans Prime Minister has pledged to help transform saudi arabias economy while reducing its independence on oil. Shinzo abe struck a deal with the deputy crown prince as he visited tokyo. Translator the world is keeping a strong eye on your leadership and drastically changing saudi arabias economy and society. Prince mohammed replied he highly values the relationship with japan. Hes seen as a key figure in the Oil Rich Nation and is in charge of economic policy. The two leaders confirmed a conference of ministers would be set up to discuss reorganizing the saudi economy. The first meeting will be held in saudi arabia in october. Rescue efforts continue in parts of northern japan that were hit by a powerful storm on tuesday. 11 people are dead and 3 others missing
Attracting overseas investors for the first time in history. A singaporean is buying a 49 stake. Do let us know what you think of todays top stories. The china and hong kong markets get underway in 30 minutes, but singapore, taiwan, and malaysia coming online. How is the trading week shaping up so far . David extending losses from friday. We went into the european session, more weakness came through. This is what we are waking up to. Overall, the benchmarks down for a second straight day. Not the declines, primes are not quite there as well. That eating said, we are watching a few things. Singaporehailand and exports due out. South korea the only bright heaviest weighted stock of the index is up. 5 . If you look at what samsung brings to the table. You take it out, that index will show declines. There is your price for samsung electronics. , weency markets, dollaryen should be near session lows at the moment. We will be getting the speech at 2 30overnor kuroda p. M. Local time. We are
A team told reporters in the netherlands on wednesday that the jet was shut down by a russianmade buk surface to air missile launched from the village of pervomaysk in eastern ukraine. The investigators say the village was held by the rebels at the time of the incident. The team also said photographs taken by local residents and intercepted communications between separatists indicate that the Missile System was brought into ukraine the day the jetliner was shot down. They say the weapon was returned to russia the next day. The team members say theyve identified about 100 people they believe may have been involved in the shootdown. They say theyll continue to try to identify the culprits. The dutch government concluded in its report last year that a russianmade surface to air Missile System shot down the airplane. Russian Foreign Ministry spokesperson reacted sharply to the latest findings. She called the probe biased and politically motivated. She says the investigation ignored evidenc
Tokyo governor yuriko koike. And still making the cut. A japanese hair stylist is still wielding the scissors at age 95. The leader of japans Largest Opposition Party has confronted the Prime Minister in the diet for the First Time Since she was elected earlier this month. Translator we havent seen the end of deflation nor a virtuous Economic Cycle taking place. When would a cycle of monetary expansion of consumption and further improvement happen . Dont we need to look into abenomics . Renho said increasing child care and such is the proper path. But shinzo abe said it created a virtuous Economic Cycle. Translator people have been anxious as tax revenue decreased because of the deflation which lasted for more than 20 years. After the ldp came back to power, we were able to create a virtuous Economic Cycle by carrying out my economic policies. We can now say japan is no longer in a deflationary period. Abe said he will fulfill his responsibilities by continuing to push forward with ant
Japan, saying the balance of power has swung too far to the employer side. Let us know what you think of our top stories by following me on twitter. Dont forget to include trendingbusiness. Trade aftering being closed for two days. Singapore and malaysia coming online. If these postopec gains are being held across the region. Juliette we are hoping for that. Malaysia is southeast asias only net oil exporter. Singapore joining in that buying party, up. 4 . Taiwan, a gain of. 7 , taking that rallied from the u. S. And running with it. The kospi is higher by. 1 . A slight dip in south korean consumer confidence, not impacting markets. The nikkei recouping what it lost yesterday, up by 1. 3 . Session, moreays than half were trading without their dividend. The Australian Market is saying great gains, energy up over 10 . Santos also leading gains. In new zealand, upside to. 5 . This is moving into the Energy Sector of the Australian Energy market. It is the top performer, up by 4 . We are se