Joy for amazon after poorly profit falls for the first time in more than two years. Shery mike pence sends messages of support to hong kong protesters. Check of theuick markets. Australia has open. Sophie . Sophie we are headed for mixed start with aussie stocks nudging higher by. 1 . Set 45th day of gains. Looking for the 6700 level. Those companies have reported with more due today. We are watching Samsung Electronics on the vice chairmans retrials for his bribery case. The south korean government is announcing this morning at the country will give up its withoping nations status the wto. Checking in on aussie bonds. The 10 year yield a creeping back toward 1 . Pimco snapping up australian state debt. Of the as speculation are present and rba have to follow the fed and have quantitative easing. Euro, slipping to a oneweek low. Advance. Ed its early pmi, split, on the thought of whether a boost in the pound would result from brexit. Shery we have breaking news. Budweiser brewing for a
Koreans in connection with the case. He says theyre all currently in malaysia. One of the men wanted for questioning is a 44yearold second secretary at the north Korean Embassy in kuala lumpur. The second is a 37yearold employee of north koreas stateowned airline. Khalid says investigators do not yet know the occupation of the third man. Kim jongnam, the longestranged half brother of the north korean leader, was attacked last week at the Kuala Lumpur International airport. So far, two women are in custody. One is from indonesia, the other is from vietnam. Police have also detained one north korean man. One of the female suspects claims she thought they were caught up in a prank for a tv program. Police say they dont believe the story. They say the women were trained to wipe toxins on kims face and wash their hands after. Police also revealed they have asked pyongyang to hand over four other north korean suspects they have been searching for. We strongly believe all of them has left the
Joining us at the business desk. Filed for chapter 11 bankruptcy, cutting losses from u. S. Unit as it tries to rebuild its finances. The Company President says the bankruptcy filing is the first step in restoring its health. Toshiba says it can post a net loss of 9 billion fiscal year. That would be the biggest ever for japanese manufacturer. We believe the removal of westinghouse from toshibas consolidated earnings is in line with the companys policy of avoiding risk from the Nuclear Business abroad westinghouse has faced ballooning costs to meet upgraded Safety Standards at four reactors its building in the u. S. The subsidiary received orders for the reactors in 2008. Earlier toshiba projected losses from westinghouse to reach at least 6 billion for the current fiscal year. Toshiba executives say they will remove westinghouse from their consolidated Financial Statements and they intend to withdraw from the u. S. Nuclear business entirely. Joining us in the studio, we just heard off
Administration will take on the Climate Change. And the dollar rises against the yen. The man who commands American Forces in the pacific says the u. S. Remains committed to allies in the region. To scrap or restore nap is the question. People want to have examples of japans unique architecture. Prosecutors in south korea are urging President Park geunhye to agree to be questioned about the scandal thats dogged her over the past few weeks. They say they can wait until friday. Theyre expected to indict her longtime friend who is the centerf the scandal on saturday. Translator it is imperative that we question the president and person. The prosecutors want to ask park about her confidant choi soonsil. They believed choi attempted to commit fraud. Park has admitted giving her access to some policy documents on state affairs. The president s lawyers asked prosecutors to delay the questioning. Translator i need to take considerable time to study the issues and prepare the defense. In princi
New businesses are popping up to cater to chinas growing middle class, covering everything from delivering lunch to washing the dog. Japans nuclear regulators are giving two reactors built more than four decades ago a new lease on life. Theyve decided to extend the reactors life span. The first such move under stricter rules introduced after the 2011 Nuclear Accident in fukushima. The decision affects the number one and two reactors at takahama plant in central japan. Both are currently offline. But the regulators decision to keep them operational for up to 20 more years. In april, inspectors determined that the reactors met new rules for Fire Prevention for electric cables and other measures. Two months later, regulators approved a plan to make the plants facilities more resistant to earthquakes. The reactors cleared the final hurdle on monday. Regulators accepted a plan to reinforce aging pipes that dont meet earthquake safety standards. The plants Operator Kansai Electric Power Comp