China,ges facing provinces sliding into recession, others with doubledigit growth. Do follow me on twitter rishaadtv, and please use trendingbusiness. A look at markets, the followthrough out of wall street , biggest declines in three and a half weeks. Shanghai and hong kong coming on stream in 30 minutes. Malaysia and singapore doing so right now. This is a gut check. Japan suffering more than others. David leading the losses right now. It has to do with risk aversion, the biggest drop in a month. Have a look at the markets in asia. Market isutperforming down 5 10 of 1 , sharp declines. Nikkei 225, 1 drop, second straight day of declines. Also a drop in commodity prices. Weak dollar. Can we get shares of noble group up . Down 4. 5 at the moment. The company saying they were not aware of what was behind the move in the drop. It fell the most since 2008. Shares are still down. Roughly down 20 over two days. Lets talk about the japanese yen. Have a look at the today chart, closer to the
i m marlo tellez, and i m john kelly. this morning the mortgage mess. a new report shows more people will lose their homes in 2012 and to make it worse, 150 people are now without work after an east bay mortgage insurer cut their jobs. we do have team coverage this morning. nbc bay area s bob redell is live in walnut creek where 150 workers have been sent packing, but we begin with business and tech reporter scott mcgrew in our newsroom. why are more closures getting worse? perhaps, marlo because we tried to make them better. the data from realty track say foreclosures in 2012 will be more numerous because back in 20 len those same foreclosures were delayed by legal action and delayed by the investigation into roberobeo signing by banks the federal government and states and banks worked to give families a second chance with longer grace periods and reduction in principle. it would appear those delays, though, while reducing the number of foreclosures in 2011 just shifted