Presidency. Amid hopes the president elect will spark the u. S. Economy. While they become a step closer to freeing the tpp deal, the newly president elect opposes it. Donald trump is trying to show he is ready for the white house. He began laying the groundwork for his presidency. Local media say trump has instructed his transition team, including new jersey governor chr Chris Christie to draft blue prints for his administration. The president will brief his successor on the transition process. I had a chance to talk to president elect trump last night, about 3 30 in the morning, i think it was. To congratulate him on winning the election. I invited him to come to the white house tomorrow and to talk about making sure there is a Successful Transition between our presidencies. Not my president not my president many of those who voted against trump are still struggling to come to terms with his win. Donald trump said that all mexicans or hispanics are criminals and i disagree because im mexican and im not a criminal. Its scary to think they could completely undo any progress in the past four, eight years. Its just terrifying. The president elect called on people to come together in his victory speech, but he will inherent a country deeply divided after the fierce campaign. President shinzo abe called him and they plan to meet in new york next year. Asia Pacific Region is the center of Economic Growth and it is essential for sustaining regional stability. Trump wants to fortify the partnership between the two countries and says he looks forward to working with abe. During the Election Campaign trump said if japan does not shoe, the Southern Japanese prefecture hosts more than 70 of military. Translator i hope the u. S. Bases here will be reduced. But i wonder what will happen. He is insisting that japan pay more money because the u. S. Is defending japan. I wonder if he really means it. Translator if the u. S. Troops withdraw from owinawa we will lose many customers that support businesses here. Would hurt our economy. Translator i gathered from mr. Trumps various remarks he has new ideas of govererning th country. I will watch as he actually handles the issue of u. S. Bases in japan. The governor plans to visit the u. S. By march. He wants to convey his opposition by his plans to relocate the air field within his prefecture. He wants the base out. People in the atomic bomb cities are closely watching trumps Nuclear Policy. He once said he wont rule out using Tactical Nuclear weapons and also suggested that japan and south korea might be better off with Nuclear Weapons to defend themselves against north korea. A representative of atomic bombings Survivor Association says it must be viewed from a global perspective. Translator i hope the u. S. President will approach the matter from a humanitarian standpoint. The head of a Research Center at Nagasaki University is wary about trump, saying his Nuclear Policy is hard to figure out. Well send messages from the atomic bombed cities to trump so he can fully understand the terror of Nuclear Weapons. He said trump should visit hiroshima and nagasaki as soon as possible. Hes an expert on japan u. S. Relations. Thank you for coming in to our show. Thank you for having me. First up, broadly speaking, seeing the Trump Administration would shape its Foreign Policy. I think the trump Foreign Policy would be very pragmatic and cost efficient and very american centered. I think president elect trump has said that he wants to make america great, again. One of his long held view is that many other countries are taking advantage of the United States and america is a crippled country that needs to be made stronger. One of the ways to make it stronger is to have our allies take better care of themselves and the u. S. To bear less of the burden. I expect those who want allies to pay more for the defense that the United States is providing them. Hes been saying this since at least 1987. President obama is started the pivot Nuclear Agency reassignment. What is going to happen to this pivot in the trump presidency. I dont expect theyre going to have any particular focus on asia. I dont think that mr. Trump, himself, has had much experience or much knowledge about asia. I dont think the people around him have a particular strong focus or interest in asia. I dont expect that there is going to be any special attention given to asia. But its a region of Economic Growth, right . Yes, of course. So, i think that as a businessman he would expect that american businesses will try to take advantage of the opportunities. Investment and trade and so forth in the region. I think he would be very interested in making sure that American Companies benefit, but i dont anticipate that hes going to focus American Government in that regard because i think hes basically a businessman that believes companies could take care of themselves and be profitable and be successful and especially spending government money, taxpayers money on what he believes to be unproductive things is a waste. So, i think he wants to focus American Government resources more domestically. He talks about creating jobs. As i just reported, Prime Minister abe is going to fly to new york to meet with him next week. Why do you think abe is going there so quickly . I think two reasons. The first he did meet with secretary clinton in new york when Prime Minister abe went for the United NationsGeneral Assembly meeting in the beginning of september. Since he met with president clinton, he certainly needs to president elect trump. He wants assurance with cttp. I think those are the two major issues. Tpp and security that the Prime Minister will want to get some confirmation from president elect trump because there will be continuities from the previous administration. Talking about tpp, japan is in favor of it and trump basically wants to s scratch iti mean dump it. What is going to happen . Well, mr. Trump has said during the campaign that he thought that the tpp was a terrible agreement, just like nafta was a disastrous agreement and these both resulted in detriment to the United States. In some speeches mr. Trump has said that he would like to scrap it altogether and get rid of tpp. In other speeceches he said he wants to totally renegotiatate e tpp. So, mitch mcconnell, the Senate Majority leader said just within the last day that he will not bring up tpp for ratitificationn the lame duck session of the congress. So, that means it will not be ratified in the lame duck session during this administration. So t will be in the hands of the new administration, the Trump Administration beside what to do. So, he will either decide to scrap it altogether or to renegotiate it. Trump mentioned that japan may have to pay for its fair share of defense costs and he also said japan and south korea may or should have Nuclear Weapons to defend themself. Do you think the scenario is really likely . From 1987 on, he has been very consistent in saying that japan is a free writer on defense. Allies, including japan, pay their fr share. E. So, i expepect thatt he will wa japan to play pay a bigger burden and either pay more assume a greater burden in terms of defense. Thats one thing. I think he has said that north korea has Nuclear Weapons shouldnt we feel more comfortable with south korea and japan having Nuclear Weapons. He seems to be open to that possibility. That was glenn senior fellow at the center for american progress. And on Financial Markets we saw a big rebound from the plunge that followed the u. S. Election outcome. We go to jean for the outcome on that and uth business news. Investors have had some time to let it sito sink in. Posted the biggest oneday gain for 2016. The details from the tokyo stock exchange. Another dramatic day but this time things went the other way. Investors are turning their focus to trumps platform including his plan for Infrastructure Spending and tax sxuts a cuts and deregulation. Nikkei closing at 17,344 and the broader topix rose 1,376. The biggest point gain for the year for the nikkei. Even more impressive, it came one day after the worse selloff since the june brexit vote. The dollar has swung back to its highest level since july saying at the 105 level during tokyo trading. The best performers were Insurance Companies such as t d holdings and daiichi holdings. Got a boost from expectations that trump will ease regulations. Mitsubishi ufj soared 11. 2 . Involatility in the near term as investors look to trump cabinet pick and last, but not least, trade. Those details can sway markets. Giang nguyen reporting from the stock exchange. Kospi climbed 2. 3 and the shanghai gained 1. 4 to finish at the highest level in ten months and sydneys index advancing by 3. 34 . 5328 the closing number there. Commodity prices rose on expectations that trumps presidency will boost demand for metal. Shares of the philippines gaining by 0. 9, 7,181 is the closing bank. Many economists expected. Japans lower house of the diet passed bills. A majority voted on thursday to approve the measures on the free trade agreement. The governing coaoalition and t opopposition Innovation Party ao gave support, but the opposition Democratic Party, liberal party and social Democratic Party boycotted the vote altogether. The Japanese Communist Party voted against the proposed legislation. The tpp calls for japan to scrap tariffs in phases on 95 of its imports such assing a ingassi l ruturaltural product and settlement of investment disputes. A related bill calls for the government pig and farm cattle after the tpp goes into effect. The bills have been steent the upper house for final approval. The Coalition Wants to pass them into law before the current diet session ends on november 30th. The opzgz parties are demanding indepth discussions and aim to have the proposed legislation scrapped. The minutes from the bank of japan latest policy meeting show that some members were skeptical about a new time frame for ac v achieving its inflation target. A twoday meeting that ended on november 1st. Policymakers pushed bacack the forecast day for r reaching the banks inflation target of 2 from dururing fiscal 17 too aroundnd fiscal 2018. The new time frame mayay come afafter the end of the boj governors term. The report shows some officials said momentum towards achieving the new target was being maintained, but one said the 2 target will not be hit citing a cautious attitude among individuals and businesses. Another said the goal probably wont be reached even beyond the projection period Consumer Price index for september was down for the seventh straight month. Heres a look at some of the other business stories were following. Super low Interest Rates are changing japanese peoples banking habits. Theyre takingore of their savings out of time and putting the cash in ordinary saving accounts. Saving accounts allow people to get cash whenever they want. The amount of money in these deposits grew almost 9 in october. It totaled about 5. 5 trillion, a record high. The doj negative Interest Rate policy is pushing down rates on time deposits. Japanese companies are spending less on updating their equipment and facililities. Officials at the Cabinet Office said machinery orders in september were worth 8 billion and down 3. 3 . Thats the second consecutive month of decline. Orders for Industrial Workers and ship engines fell in the manufacturing sector. Devices for Computer Systems and networks were done among nonmanufacturers. Down ograded their assessment from picking up to standing still. The Department Store in central tokyo has unveiled a traditional japanese garden. Workers created it indoorors duriring an especially bususy n. The attraction to promote Japanese Culture ahead of the olymymc games in 2020. 21 gardners started work aer the store c closed the d day be. The site featured 13 variety of trees, 70 stones and moss. The gardeners filled a pond with water during the final stage of preparation and then the store opened its doors. Shoppers were surprised when they first spotted it, but then they started taking photos and appreciating the view. The garden will be on show through next tuesday. Japanese consumers are shying away from mass produced clothes. Instead growing demand for items made in small lots oknown by little known labels. Reporter a fashion trade show. Japans largest gathering and a window on the change is taking place. This year 100 Young Fashion designers are here to exhibit their products. Thats twice as many as last year, all because of the rise of small brands. The boutique labels have found a way to compete with major fashion houses. Taisuke kohji is one of the newcomers. He is hoping his designs will catch the eye of boutiques and Department Stores. Translator this suit is made of stretchy materials used in jerseys which h are really soft and comfortable to wear. For the first order, we can start with 30 to 50 cents. Reporter size matters in fashion. Small designers face a major hurdle getting their clothes made. Sewing factories view small labels as a financial risk. Many refuse orders for small lot production. Now a venture firm is offering a solution. Small designers bring them their product idea and the company will find someone who can produce it in small lots. Thats how kohji found a garmentmaker. The agency has hooked up with 150 sesewing factories across t country. Desisigners can place an order online. Staff at the Placement Company then begin a search. Using their own databasese of factories, they can filter for materials, item type, gender and production volume. This factory took the order for kohjis stretch suit. It has ten employees. The owner is happy to do business through the middleman. The small lot orders keep her machines r running in slow periods, and the agency guarantees payment. Translator once we registered, they immediately passed orders to us. We are grateful to them for caring about us. Reporter staff from the agency travel the country to Research Production sites and keep their database updated. They want to know what the makers can and cannot do and what time of year they are free to produce small lots. One thing the scouts look at is the age of the workers. It might be a clue to the factorys longevity. Translator whats yourur hiring policy for sewers . Translator we recruit all ages. The youngest worker is in her early 20s. The oldest is 62. Reporter this matchmaker is also looking for diversity in skills. Its helped to fill orders for everything from fashion show costumes to restaurant chain uniforms. Translator the level of skill at some japanese factories is quite high. Ororororororororo brands. Reporter japans apparel industry has undergone some painful adjustment in recent decades. Small lot production may offer a new stage of growth. Yuko fukushima, nhk world. And you can catch our report again online together with a full transcript. Thanks for joining us on business. Ill leave you with the markets. Workers in western japan say they will have a huge sinkhole fixed by monday. A section in the main thoroughfare collapsed earlier this week. 30 meter pit opened in a busy Commercial Area of the city. Officials say the earth crumbled due to work on a subway line. The water supply remains cut off in s some areas. Officials say theyre w workingo temporarily repair water pipes, electrical lines and other infrastructure. They plan to finish by sunday. Translator after fixing the gas, water and sewage pipes, well fill the hole so the ground is level and then well pave the road and reopen it. T. They plan to forfy the foundatitions of nearby buildin by piling up large sandbags at their bases. Overcast skies is the forecast for us here in tokyo. Jonathan oh from the weather desk joins us for this hours update starting from northern japan. Looks like we will be getting warmer as we head towards saturday and sunday and another day where we may be dealing with a bit of snowfall. Take a look at this satellite perspective. You may notice the way that these clouds are appearing, if i give you the visible viewpoint of this, look very closely. Notice how these clouds are a bit spotted and how they are located. Notice the streak kind of view on this. Thats an indicator of these clouds that are producing the seaeffect snow. Because the water is warm but the cold air aloft running over these waters are helping to produce this and bring a decent amount of snowfall. Notice the curvature of this cloud area. This is an area of low pressure thats really dragging the chilly air. If you look at this video, it was a nice sight to see but looks a bit