family. other passengers onboard from shanghai were also quick to share accounts of the crash on social networks. judar thinks it's a miracle he's a live. the manager has post odd ven a scene a weaver -- waiver. he describes hearing a deafening noise before realizing there was a gaming hole behind him. >> they were 141 chinese passengers on boards including 130 high school students and their teacher about to embark on a language exchange trip in the u.s. two girls were killed in the hospital. many have paid their respects on the network pages. >> we're 22 millions collected on the streets, egypt's movement was that the origin valley of the islam black president moment morris si. it meanings rebellion. they are also aopposed have missed authorities that have been leading the country since the arab spring. this in particular idea. he's call for the disasolution of the national constituents but which they belief they're trying to embed religion from the cause of constitution. >> they have a lesser extent like libya. >> now i've seen the various political parties delaying the pick. >

developing and heavy rain to come in between beijing and shanghai. i did mention about the summer pacific high sitting here. it is still affecting the area. shanghai is reaching 39 degrees, quite a dangerous level. even western japan is in the bulk of that. kyoto where the gion festival is held, 35 degrees until friday, but take a look at hangzhou, the 40s to friday. do stay hydrated. let's look at the americas where the cold front is sagging all the way to the south. and due to the tropical moisture from gulf of mexico, this is the collision and thunderstorms are very active across the southeast. another area we're looking at thunderstorms, and this one actually could even spawn tornadoes. we have a tornado watch in southern manitoba as we speak. flash floods are also still posted, risk is actually posted in a wide range in the southwest and down to new mexico due to the moisture surging from the bay of california. it's quite hot. still that heat dome across the pacific northwest, but cooler and dry across the great lakes region. and that includes chicago, toronto, looking at nice temper

are still questions about calling back to shanghai and getting a connection for them. they lost everything from clothes to their telephones. the staff here is helping them make that connection as we speak because it was too early a fewer hours ago to call back to shanghai. now is the appropriate time to make that call to get hold of their family back in shanghai. someone can answer the phone there in the wee hours of the morning and they are awakening hopefully to a call from a family connection they have wanted to hear from all these hours. these are the stories that will come out the next few days as we get all of the patients a little more stabilized. as rachel said earlier, she will give you updates as they occur. i am just so happy to see so much of our life-saving expertise at work on an hourly basis here at the hospital. i'm sure this story repeats itself with all the other hospitals whether they are at st. francis or down at stanford. this incredible reaction of volunteers and doctors and surgeons coming to save these people's lives and to prolong and make sure that they

alone will not solve the problem, and uncertainty is growing across china. in big cities like shanghai, change is especially visible. have just one child. they doubt whether their son will be able to look after them when they are old. >> we have to look out for ourselves. of course i'm concerned how it will be, but we do not know, especially as china was changing at the moment. >> demographic change is also shifting attitudes towards family. yet at the same time, alternatives like retirement homes are out of the question for many. >> people feel they are being abandoned by their children and relatives. retirement homes are normal in other countries, but we are not ready for them in china. many people simply cannot afford a good retirement home. >> and so the question remains unresolved of who will look after china's aging population. political, economic, and social challenges lie ahead. >> we will be right >> welcome back. >> thanks so much for staying with us. a new law comes into effect in germany next month, guaranteeing every parent the right to a place in day care for children und

>>> you're watching "worldwide exchange." i'm ross westgate. the headlines, market shanghai, tokyo reverse early losses. they shrugged off data while the japanese business mood survey turns positive for the first time in nearly two years. nokia has agreed to merge with siemen's. analysts cheered the deal but worries about the telecom group's cash position. the opposition protests in egypt called on president morsi to resign. >>> you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to the show. we had issued with the mikes. we have data out of the eurozone. manufacturing pmi. showing some signs of stabilization this morning. the final eurozone posting the index up to a 60-month high, 48.5 in june, but below the break-even 50 level that divides growth from contraction. some interesting numbers as far as this is concerned. spain up to 50. that stabilized easily. that is still the 23rd month of contraction since the high in july to 11. factories also reducing head count last month, but at their slowest pace since march 2012. for

, shanghai, 37 and 38 for you. northeastern china, on the other hand, some areas could see about 100 millimeters of rainfall going into tuesday. even out towards wednesday, even seoul will be seeing some showers, it's the stationary boundary, the same one bringing the flooding rains across much of northern japan. et cetera let's look at the americas, we have the monsoonal flow coming in off the pacific here and that's been triggering the showers much of the southwest. right now we have this disturbance there into the plains, coming off the central rockies. in portions of kansas, oklahoma, you could see 48 millimeters of rainfall as it pushes through. pushing to the east, we have this high pressure in the great lakes and then a low pressure moving out through ontario and quebec. now the high pressure is the big story with this. we are seeing the rain showers, the thunderstorms ahead of it. but what it did, it's bringing in the cooler air from the north. and northern minnesota, during the early morning hours on monday, we actually had frost advisories in effect out here. here in late j

weak china pmi data dampened the mood. the shanghai composite lost a modest half a percent and the hang seng in hong kong, in fact, trimmed losses in late trade, ending higher by about a quarter of a percent. meantime, china related shares also weighed on the taiwan and japanese market, both ending just a tad weaker. but south korea and australia managed to stay in positive territory. in china, the manufacturing and industrial related sectors were under pressure, so we saw weakness coming from automakers, steel companies and cementmakers. meantime, property developers and banking shares on the bottom row here also pulled back after yesterday's rally. standard & poor's released a report highlighting the financial risks in chinese developers while seeing smaller players may be facing higher liquidity pressure. as for the bright spots in the region, apple suppliers showed pockets of strength after iphone sales came in better than expected. taiwan's hanhui added 1.4%. south korea, lg display and chipmaker sk highnex had gains. despite the weak china data, they extended a strong rally helped

hot at 40 degrees in chongqing, do stay hydrated and shanghai at 39 degrees. moving over to north america, we've got a cold front that's still hugging the coastal line. so here across the area, thunderstorms, new brunswick and new england these areas will find about 100 millimeters of additional rainfall. due to this cold front, severe weather is possible. we have three tornado touchdowns reported in the midsection of this country. so this is still capable of spawning these tornadoes. we're looking at 20s in bismarck and in winnipeg. these are mid-september temperatures and the morning low will be in the single digits. i'll leave you now for the extended forecast. >>> and that is all for this edition of "newsline." i'm catherine kobayashi in tokyo. thanks for joining us. captioning sponsored by macneil/lehrer productions >> brown: attorney general eric holder wants texas to get federal court approval before changing election rules, part of an administration strategy to challenge laws it says discriminate by race. good evening, i'm jeffrey brown.

shanghai here on our temperature chart, 38 degrees and bright sunshine. that's going to feel very intense indeed, but you're tapping into some of those showers a little further north in seoul. on into the americas. more rain here spread out across the eastern third of the united states. a lot of heavy rain. that's going to be the main concern here. but you'll also see gusts up to about 90 kilometers an hour. further towards the north along the u.s./canada border, we have the low moving through onontari. and more wet weather out here towards the southwest. we've been talking about flash flooding happening in nevada as well as in arizona. the suburbs of phoenix we were talking about very dramatic rescue there of people being air lifted out of their vehicle that got submerged in waters. well, things are going to be wet here into your monday as well. temperaturewise staying hot in the center of the continent. denver down through houston in the mid-30s there. little cooler up towards the northeast, new york tapping into some of those thunderstorms, 27 degrees. nice settled and cool up

, south korea and australia also ended in the green and the shanghai composite also reversed early weakness to finish higher. and let me show you some individual movers. in japan, some tech shares were out of favor following ining e of their u.s. peers. after the nikkei newspaper said the company may report a q1 operating loss. also tumbled more than 3%. but nec, on the other hand, jumped over 4% on a report that it may partner with hewlett-packard to develop high-powered servers. chinese financial stocks were also in stoke us and worries that the interest rate liberalization could bring in more competition and hurt banks' profitability. midsized lenders were under pressure on both the shanghai and hong kong after they are considered to be the most vulnerable sector to these interest rate reforms. as for the outperformers, gold miners enjoyed a very nice rally as the gold prices continue to track higher today following gains over the past two weeks. australian gold stocks surged as some 8% to 13% in today's session. back to you, carolyn. >> thank you so much for that. and i just wa

the economy in the second half. the shanghai composite g gained .2% today and wrapped up the month 1% higher. the hong kong market taiex and south korea under pressure today. in japan, hitachi shares got a boost, closing higher by nearly 3% in today's session after raising its first half profit outlook. batterymaker gs yuasa soared over 7% thanks to better than expected quarterly results. but taiwan's htc took a beating, down almost 7%. the smartphonemaker had little sign of a turn around anytime soon. in china, property developers were the top gainers today as the company's politburo sounded a positive tone yesterday about promoting healthy development of the property market. china merchant jumped more than 4% today and the other two smaller players, they surged up by 10%. back to you, ross. >> all right, sixuan, catch you later. >>> the fed is wrapping up its two-day meeting with a decision expected at 2:00 p.m. eastern. fed watchers will be looking for any clues on when central bank may start its tapering bond purchases, but they will stress any action, still conditional on the

flight actually originated in shanghai which is why you have so many chinese onboard. 171 of those onboard were from china. 77 south koreans. and 61 u.s. citizens. it left here yesterday afternoon. it's a ten-hour direct flight. and just had those problems on landing. but i think people here will be extremely relieved by the news that however terrible any deaths are, it's not worse when you look at those pictures, don. >> thank you. still very tragic, obviously. as i said, if anyone loses their life. yes, it could have been, as a cliche says, diana, it could have been much worse. thank you very much for that. just updating, as diana said, 291 people onboard. 61 of the 291 americans. 77 south korean. 141 chinese. and one japanese. we'll get back to diana. if we get any more information coming out of seoul. i want to go now to yin kong on the line with me. her brother-in-law was a passenger on asiana flight 214. so how is he doing? >> he's doing okay. he has a little injury in his forehead, and he's a bit injured. his leg. and his arm feels hurt. he's in the hospital. >> okay. you sa

of the asia pacific region as hong kong and shanghai. right now and the decision to reduce the corporate taxes in the forest to make this easier but again nobody is thinking seriously both to transfer and crush into the not sure sure sure country when it's an idea it's a work in progress or you guys actually were not all make a subtle and i'm sure place. we will try to. do this but we are not. we are not trying to perth various financial services in so wholly in our east to make society in to. give us the. places convenient for investments i wonder what japan will say about that i think then japan will start cooperating with us even. islands and. from pragmatic point of view not a political point of view. going cause of the crew islands means putting money in. and trying to take quite away from from russia well here's another graph let's take a look at that this crap actually shows that western european countries generate more offshore wealth than anyone else in the world pretty clear that you want so sure is down and out of existence right i mean it's only normal i think. is a

and weak earnings dampened the market sentiment. the shanghai composite extended a three-day losing streak, down half a percent today, despite the pboc's comments to maintain prudent monetary policy. hong kong and south korea ended marginally in the green. and australia's asx 200 showed pockets of strength, on hopes that a possible call for a federal election could ease the country's political uncertainties. in china, authorities published a list of companies ordered to reduce overcapacity. among them, paper producers came under some pressure. chungming paper, down by 1% to 2% in today's session. but some bigentm rallied on hopes they won't benefit from the industry consolidation. and beijing's mini stimulus package will help boost demand. anhui conch gained by about 3%. nikon tumbled nearly 4%. and shipmaker had an operating loss for the june quarter. samsung electronics also lipped nearly 1%, despite posting a record q-2 profit. more on that with sherry in seoul. sherry? >> thanks so much for that. we have been warned of such slowdown in the growth of this smartphone market in rec

it's still okay within their policy comfort zone. >> alex, the shanghai composite firmer today. not hugely. up about a percent at one stage. what does this mean for investors in china. bear in mind the equity market has been an underperformer. >> i think people are very cautious. first of all we do not expect any stimulus from china in the f future so that is why i think the momentum after the data was very short-lived. people were still cautious on the financial sector and the performance in the oval index. i think china because right now overseas markets are bullish. people are very cautious about the financial sector in china, so that's why we would see china to continue to underperform. >> yeah, underperform, what, against everything in the region? what would outperform? >> i think, first of all, we would underperform in the market, but the emerging market we would not underperform that much because actually had come down quite a lot recently. i think we are quite likely those emerging markets but i think overall china would still be the underperformer and trading probably peopl

assembly apple models in shanghai and another town. china labor watch a group out of new york issued a report accusing pegatron of withholding pay, forcing overtime and discrimination against women. apple is investigating and is committed to providing safe and fair working conditions, they say. >>> and federal express issues an apology to customers and fires an employee after this viral video surfaced on youtube showing her hurling boxes into the back of a fedex truck. now, fedex handles 10 million packages a day and this video hit one million views in five days. the man in the video who appears to be getting a throwing lesson was not an employee. >> and move over, tesla. bmw is entering the electric car race today. the german carmaker unveiled the i3. now, it's small but packs a punch. its battery pack runs up to 100 miles per charge which takes up to three hours. bmw will go from 0 to 60 miles per hour in 7 seconds. super light at 2700 pounds. the cost, $41,000. that's about $30,000 less than the tesla model s. got a consumer problem you want us to resolve? call us at 888-5-helps-u

yesterday's 3% surge of the shanghai composite led the decline in the region, down 1.6% today ahead of the key data due out next week. mainly banks lost ground. beijing has already been drafting plans for promoting interest rate liberalization and may soon scrap the floor for lending rates. markets fear this will bring more competition and squeeze bank net interest marriagens. gains on the market, tanking nearly 6% in today's session. q-3 operating profit came in worse than expected due to discounts and marketing expenses. goldman sachs cut the outlook for the financial year. the worst performers in south korea were hyundai and kia motors. shares plummeted about 5% to 6% in today's session on worries that their car sales may dip in china as more chinese cities may restrict new car purchases. and the australia market, the best performer for the week, gaining nearly 3% over the past five sessions. gold miners like newcrest, evolution and kings gate, they once again outperformed the broader market jumping to 9%. back to you, ross. >> sixuan, thanks for that. that's where we stand now. joining wit

shanghai that blocked the main arteries of transportation and caused great losses they didn't dump on anybody. they send people down until they got a deal that was acceptable. >> the nationalism question now. as you know, we were in japan for a number of years in the 1980's and we had to nationalistic questions. one is you very eloquently point out in your locale you were very inside the chinese system coming your speaking chinese, but there were certain points that you were for that and there was a barrier that you encountered and still i always thought how much more permeable the chinese society was then the japanese society because it is so big and shambling and there is more room than there would be in japan's of the question is would you agree or disagree and then in the 25 years going back and forth from china to japan i have been really struck by the level of anti-japanese hatred is going up and up. how should we think about the origins and the potential consequences? >> the terse thing, there is as much difference between the chinese and japanese mind set if you like as the

shanghai composite is a good gauge of sentiment as the country sees more growth. >>> hsbc cut its gdp forecasts for the region. learn more about the bank's downgrade online. follow us on twitter @cnbcwex. political deadlock in egypt allowed violence to erupt. can a solution be found? for the latest after this break. [ male announcer ] it's time. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. . where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through the tightest doors and hallways. more reliable. hoveround employees build your chair, deliver your chair, and will service your chair for as long as you own your chair. most importantly, 9 out of 10 people got their hoveround for little or no cost. cal

also let led the losses in the region. the shanghai composite dipped below the key 2,000 level. weaker by 1.7% today. investors also worried that beijing's plan may prompt banks to tap the markets to raise the fund. as a result, banking shares in some of the property plays as can you see from the first row, they took a beating. but it was a sunny day for those solar panel makers as they rallied actually after the eu and china reached a trade deal over solar panel on terms favoring beijing. it surged up by 10%. in japan, nomura tumbled by about 5.7% today despite reporting a strong profit growth. this as markets are more concerned about declining trading volumes. and a stronger yen as ross just mentioned that it took a toll on exporters, especially automakers. mazda lost despite a strong profit outlook. and mitsubishi motors tanked 10%. no such worries for rivals hyundai. the south korean automaker has extended its 11-day winning streak, up another 2% after it reported strong earnings last week. and kia motors also ended marginally in the green. back to you. >> all right, thanks very mu

inner beijing and shanghais that you do that but it has been somewhat surprising that in the second and third tier markets of course you have less penetration of imax theaters, but seems to be holding up well there, too. >> how big are you ultimately going to get and where to next? >> the market we said about 450. if you add the theaters, we put in, we announced today those opened in backlog that gets us to around 275, 280, something like that. we're about two-thirds through. however, as the demographic and the income levels keeps going up, i expect that will go up. other markets that we have been going to that have been doing very well recently is western europe we were a little late to the game and the reason was because it had an established infrastructure and now we're building that out nicely. i think we're starting to see -- >> building out in western europe now. >> yeah. i think the old movie infrastructure was such it was hard to put in imax theaters in the markets and now with so limited growth in europe, i think the idea of taking an existing theater and turning it into an

developer is sending a team to shanghai and beijing to sell even more units. we'll see whether there is enough new chinese wealth to fill all 96 floors. back to you, carl. >> it's interesting, robert. i have seen a couple notes looking at new york real estate prices and what they have done. the argument is they can't continue to go as quickly as they have because of smaller numbers of international buyers, fewer cash deals, all of that. >> that's the one hand. ornd, you just had richard smith on making the point that inventories are very tight, demand is so strong. so the question is has the local buyer market remained so strong that they can pick up the slack from these foreign buyers? we'll see. we could see this foreign buying taper, but the market now could be strong enough and tight enough it's okay without them. >> a different kind of taper to think about. robert frank, thanks very much. they're not disconnected. the fact that the fed is tapering, that u.s. financial conditions have tightened, people are pulling money out of emerging markets, all that means it's not going to some

-- i don't know, people in a bad mood because of that. almost 2% in shanghai. the nikkei down 3.3. do the math. that would get your attention. then in europe, they're all up. but not much. let's look at oil. the oil board, that's been stubbornly above 100, but coming down slightly, $104.53. the ten-year, i saw, was at 2.56, almost 2.56. dollar n , if we're going to europe, it's got to come down. the euro, slm 1.43. gold on a little bit of a run. i'm thinking about buying some. >> really? >> because of man q. i read man q.'s piece in "the new york times" over the weekend. he mentioned buffett and all the people that don't like it. just because it's noncorrelated with anything else. he says 2% of your portfolio could be in gold. >> are you going to buy it anyway? >> no, no, no, no, no. >> store it. >> yes. if i could find a place to buy them where i didn't have to buy a big -- not a lot of them, but i'd maybe buy a few of them in case i need to bribe someone in the future for something. >> always thinking. >> for something. i'm not sure what. but if paper money is ever useless. it could

to the stock markets in hong kong and shanghai, though a different story for the japan benchmark index after hitting a new six week high briefly, the nikkei closing down 56 points following trade results from china. also fed minutes will be on the minds of investors this morning. minutes from the latest policy meeting out at 2:00 p.m. eastern. traders looking for any further clues on when the fed will begin to scale its bond buying program back. and we'll have more coming up on that with chief economist and managing director of global research. checking europe, right now red arrows across the board there, as well. cac off, ftse off, and the dax off. but not horrible. and brent pushing above $108 as china's imports of crude fell 7.4 7.4% from the previous month. the spread between brent and west texas intermediate narrowing slightly making wti more attractive to investors. >> blackberry is reportedly going to cut more jobs. "wall street journal" says the new cuts will come at middle management levels in the sales and support divisions. that would be on top of 5,000 layoffs last ye

mentioned schumer, when he went to shanghai and had conversations about china, it was like he was talking to a different man. find anybody more reasonable and amiable. full of in washington, fire. >> he was the head of the young democrats. college editor of the paper. we had certain tasks. area this point, the one where i think a troubled u.s. now most focused is threat.a china has sort of state-sponsored commercial espionage. view? your talkhad the opportunity to with a person in the fbi who's one of the people in charge of the warfare. again, cyberwarfare. made said to him, he just t -- wasn't that long, about the terrible threat with cyberwarfare. i asked him -- what i asked him i said, isn't it true that -- oh, don't worry. i've proven that. but we don't talk about that. and -- and i agree with that. and the people i talked with ast week made the same point too. i think the point one, the i don't think the u.s. used a state or cybercommercial end. other may be off of the threat. it's a cyberattack. it's something with confidence-building measures and all that. -- me ask you a

essays and things. a lot of it is. it's ages 13 and up but my first man was in shanghai learning english as a second language. i started in september when i was abroad in london and i followed until now and i'm planning on doing it when i go back to college. it's great because i take classes. i'm sorority but when i come home at the end of the day i can tutor him. >> earn money. >> create a resume. >> just spend whatever you have got. baby silting, anything, put it on there. >> do your research. >> a lot of programs are available flt summer programs for your state and local government. look into if there's anything like that. >> advertise your availability. >> a lot of these sites you can set up your own profile and let the work come to you instead of going out to get it. post on these sites. post on facebook. put the word out to your family and friends and get out there and do it. >> be creative, be enterprising. good combination. lucy thank you as well. >> up next, struggling to find a weight loss plan that works for you. we'll have the best of the best when it comes to new die