Flowers and prayers. Tamaoki watanabe, who survived the attack, arrived earlier and was taken to a hospital. The attack friday night in dhaka lasted for several hours. A group of armed men held hostages in the cafe. Survivors say they were asked to recite verses from the koran. Those who couldnt were killed. The siege ended as Security Forces stormed the building. Six of the attackers are dead. Investigators are questioning one who survived, and theyre holding another man they suspect was involved. Details are now emerging about the group of men. Nibras islam attended a university in malaysia. Police believe he took a leading role in the attack. Rohan imtiaz was the son of a senior politician of the ruling party. He had disappeared last year. Friends of Meer Saameh Mubasheer describe him as shy and say hz family was strict, religious and reclusive. Khairul islam payel moved to dhaka after graduating from an islamic school. An organization calling itself a local affiliate of the Islamic State group claimed responsibility for the attack. But the countrys home minister denies any links. There is no evidence of isis. Homegrown terrorist, but all are home grown. It is not from other countries. It is all our national, our people. He said the attackers were highly educated young men from affluent families. Japanese aid workers and businesspeople are considering how best to continue their activities while securing their safety. A tokyobased ngo built this shelter at a coastal area in bangladesh last month. Its designed to protect residents from cyclones. The group was planning an Opening Ceremony in september with College Students from both countries, but the event is likely to be canceled. Translator now we cant say how many students we will send to attend the exchange event. Im worried such incidents may discourage volunteer activities. This company manufactures textile machines. It has decided to cancel business trips to bangladesh for its employees except for urgent ones. Translator the bangladeshi market is remarkably expanding. We cannot stop business activities, but we have told our staff stationed in the country to be even more careful. The Retailing Group that runs the uniqlo Retailing Company has told its staff to stay home for the time being. Police in malaysia say a terror attack last week was the work of the Islamic State militant group. A grenade was thrown into a crowded night spot in a suburb of kuala lumpur, injuring eight people. The Inspector General of police says they have arrested two men who received direct instructions from an Islamic State fighter in syria. A search of premises connected to the man uncovered an Islamic State flag and other items related to the group. Police are still looking for two other men believed to be involved. Malaysian police initially ruled out terrorism in the incident. They now believe it was the first terror attack in the country involving the Islamic State militant group. Security officials in brazil are struggling against a rise in Violent Crime as they prepare for the Rio De Janeiro olympics. Theres less than one month to go until the games and rio is expected to welcome more than 500,000 people. But theres fear on the streets as the security and the economy deteriorate. Last month dozens of armed men broke into a hospital designated for emergencies during the olympics. A guard was killed. And a truck carrying 400,000 worth of equipment belonging to a german broadcaster was stolen. And there has also been reports that olympic and paralympic athletes have been robbed. About 85,000 Police Officers and soldiers are supposed to be deployed during the games, but officers staged a strike over a delay in their salaries after rio last month declared a state of financial crisis. The plans for the games are going ahead. Shops are selling olympic goods and the torch is scheduled to arrive in rio later this monthp abo. The games will open august 5th. The man who triggered a referendum on british membership in the European Union says hes stepping down. Nigel farage is the leader of the party. I now feel that ive done my bit, that i couldnt possibly achieve more than we emergencied managed to get in that referendum and i should now stand aside. His party is now being criticized for backtracking on a pledge to divert eu cash to the Nations Health service. Critics also say the words and actions of ukip members and supporters are discriminatory. The party won the Third Largest share of votes in last years general election. It is the largest uk part in the european parliament. He said he will continue to work with other lawmakers skeptical of the eu. The brexit vote is making some foreign banks in britain moving to other european cities. The mayor of londons financial district is trying to put their minds at ease. Ai uchida joins us from the business desk. What did the mayor say . Youre talking about lord mayor Jeffrey Evans hes the head of the bank of london. We previously reported about japanese executives looking at moving their operations everybody. Evans will visit next week to explain the effects of brexit. Evans says the city will stay competitive. The wits and depths of londons offer is very considerable. Its not so easy to move activities and businesses to other centers. Its one of these areas of uncertainty. But we are very clear we have ambition and intention to remain in a leading International Financial center. Global Financial Institutions are thinking hard about what to do after the brexit vote. The ceo of Jpmorgan Chase of the u. S. Said over emails to employees, the firm may need to move its European Base from london in the next several months. Britains hsbc is thinking about moving 1,000 employees based in the british capital to paris. Western media report that Morgan Stanley of the u. S. Has set up a working group to look at relocating its European Base from london to another city in the region. They also say britains Barclays Bank is looking at dublin as a possible relocation site. Now, lets see whats going on with the markets. Wall street was closed for independence day. European Market Players did take profits overnight. And we saw losses on all three major indices over in europe. Now lets see what is happening here in tokyo this tuesday morning. For that well go to Ramin Mellegard at the tokyo stock exchange. Good to see you. Good morning. What are you seeing over there . Very good morning to you, ai. Were seeing a little profit taking here. Ill get to that in a second. Still a little uncertainty hanging over the markets despite the rebound weve seen for the nikkei and many european and u. S. Markets as well. U. S. Markets were closed for july 4th. Theyll be back later today. Again, some uncertainties and thats playing into the opening levels here for the nikkei and the topix for july 5th. The nikkei down 0. 75 and the broader topix down as well. The nikkei it has been charging ahead for the last six days in a row through the close on monday. Its longest winning streak since november last year. Now, upper house elections here in japan will take center stage as they weigh and measure all the steps taken so far by Prime Minister shinzo abe with regards to battling deflation in japan, weakening the yen and also stepping up Structural Reforms which many analysts and investors are looking at to see if theres going to be sustained growth in japan. Analysts say, of course, global events have not helped as investors tend to rush to buy the yen as a safe haven in times of volatility and uncertainty, which, of course, goes really against what the boj has been trying to do. One of them, of course, is to have a weaker yen. No kidding, ramin. Weve seen a stubbornly strong yen against a lot of currencies. Tell us where some of the key levels are. Exactly. Very stubborn yen especially against the dollar. And that really is not helping exports or corporate japan as analysts suggest, dollar yen 102. 41. The yen remains a hedge against the fall and Risk Appetite globally. Investors prefer to hold the japanese currency when things go haywire. Market perception, the next fed rate hike has fallen back a touch. Minutes from the june policy meeting dune on wednesday as well as the jobs data on friday may provide key evidence as to the feds stance going forward. Investors will want to see what the boj does at its meeting later this month. Now, stocks here that have suffered the most have been banks due to negative Interest Rates which, of course, eats into their profit margins. But resourcerelated stocks depending on commodity price increases have done a little bit better. Lets get a quick look at asian markets that are open right now. Seouls kospi is trading lower, sydneys s p asx 200 also down. Chinas markets open in an hour and a half. Well talk to you in a few hours. Ramin mellegard from the tokyo stock exchange. A tokyobased venture firm is taking on its bigger rivals with a tiny car. Its smaller than socalled mini vex and easier to drive. The aim is to put smalltown manufacturing skills in the drivers seat. A venture firm developed the car. Materials companies and other businesses like the concept and decided to help out. It seats two adults. The current law only allows it to be driven in designated areas. But its the main car the governments considering as a means of transportation for senior citizens. This man is behind the concept. He used to design cars at a major automaker. He decided to start his own company so he could have more creative control. He aimed to make a car that people would be excited to drive. One distinctive feature is the body, which is made of light, sturdy cloth. Translator vex tend hicles be intimidating. But not ours. We wanted to make a car that was more like a stuffed toy. Thats why we use cloth for the body. He has a meeting with a small firm in central japan. His Company Plans to outsource manufacturing to familyrun factories. Using cloth instead of metal to build the car meaning spending a fraction of cost on the facilities and equipment. This auto parts design Firm Supports the venture. The firm designs car seats for major automakers. The boss was inspired by the idea of developing a car from scratch. Translator our Company Veterans dreamed of designing their own car. We have experts for all kind of components. So by working together we thought we could build an entire car from the ground up. Reporter one challenge was to produce the curvy body of a car using cloth. Translator it requires advanced processing technology, but the firm believes some of their small and mediumsized Business Partners can do the work. Translator this material doesnt stretch, so we need to cut it into parts to produce the curves. Orkers used their experience with car seats to come up with prototypes through repeated trial and error. It was a chance to show off the technologies they had acquired over the years. A smalltown factory specializing in plastics was put in charge of the car windows. Its president , too, was excited by the idea of bringing something new to life. Translator our normal work is meeting preset orders. As you might expect, the idea of working on something of our own stirs more passion and emotion. Translator technologies that werent utilized, those now used for other purposes and others that were never mainstream, we want to make them main players. Reporter this unassuming cloth car may only have two seats, but its carrying the passions of many people in smalltown factories. It could also pave a new path for japanese manufacturing. All right. Thats the latest in Business News for this hour. Ill leave you with a check on markets. Its time now for eye on asia. China is set to begin military drills in the south china sea. The exercises come ahead of an International Tribunals ruling thats expected to challenge beijings maritime claims. Chinas Maritime Administration says the drills will start tuesday and run for a week. They say it will take place in an area running east of the island of hainan to the paracel islands. Its warning ships from entering the water. A tribunal in the hague is expected to issue its ruling. The case was filed by the philippines. That countrys government argues that chinas claims over most of the sea are illegal under the u. N. Convention of the law of the sea. China says the court has no authority to rule on the case. But analysts say the military exercise is a sign china is trying to assert sovereignty in the sea in anticipation of an unfavorable ruling. A Chinese Court has handed down a sentence of life imprisonment to an aide of former president hu jintao. Ling jihua is a former deputy head of chinas National Political advisory body. He was indicted on charges of taking bribes and abuse of power. The staterun Xinhua News Agency reported that the court in tianjin passed the life sentence on monday. The report says the court ruled that ling accepted bribes totaling about 77 million yuan or nearly 12 million in return for giving favors and personnel matters. He was found guilty of abuse of power and illegally obtaining a large number of state secrets. He is quoted as saying he accepts the charges and submits to the judgment. The closed door trial did not reveal what kind of state secrets ling allegedly obtained. The Chinese Government is also looking for his younger brother ling wancheng who is said to have fled to the United States with classified information. Local authorities in Chinas Guangdong province after Video Showing Police protesters. A video taken on sunday during a protest against a planned garbage incinerator show Police Officers using sticks to repeatedly beat people. Protesters demanding a halt to the construction of the facility blocked a road leading to the city office of zhaoqing in china. 31 were detained the after a clash with police. Local Officials Say 1300 people took part in the demonstration. But some Internet Users say that more than 30,000 were present. The protesters fear the building of the incinerator might contaminate the air and drinking water. Messages and photos posted online have been deleted in apparent acts of censorship. Chinas booming online lending industry has put more money in the hands of average citizens. Officials hoped that would generate broad economic benefits, but its creating some social problems as well. In the second part of our series, we look at the risks associated with chinas growing appetite for easy money. Reporter chinas Economic Growth mostly left farming villages like this one behind. But now money is flowing in some of chinas 4,000 online lending firms specialize in loans to farmers. Lenders often visit prospective borrowers to see if theyll be able to pay the money back. Translator how much do you need this time . Translator we want to buy vinyl sheeting and equipment for greenhouses. Well need about 7,600. Reporter the lenders take pictures of the couples land and house to assess their creditworthiness. The company decides the couple is a safe bet and offers to lend them more than 9,000. Translator if we can expand our farming business, well be able to earn more and live a better life. Reporter chinas leaders have voiced support for the online financial industry, but they want to make sure that recent frenzy doesnt cause the market to overheat. Well restore order to online financing and establish proper systems and develop the industry. Reporter officials worry that the free flow of money could cause the a housing bubble. More and more people are borrowing online to invest in real estate. This man bought some property last year for about 280,000. He says its now worth about twice that. Translator its great. I can make money. Reporter but experts say 40 of online lending firms have had legal and management trouble. Last december authorities arrested managers at the pier to pier lending firm. They reportedly collected money from 900,000 investors and spent it lavishly on themself. The firm had shown ads like this on staterun tv. Many thought that meant the business had an air of legitimacy. The companys victims are making their voices heard. People who have been scammed by this firm and others have no way of getting their money back. Theyre turning to the company for help but to no avail. Chinas leaders spent a challenging task to ensure that online lenders continue to foster Economic Growth without threatening social stability. [ wailing ] reporter reporting for nhk world from guangdong province. And that wraps up eye on asia. It is time for a check of the weather. People in many areas of Southern China are dealing with torrential rain. Its quite a serious situation there. Our meteorologist robert speta explains. This has been ongoing for some time now. Actually the past several months. Weve been talking about the rainy season. And thats really important because its been rather persistent out here across eastern areas of china really stretch