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tv   Asia Business Report  BBC News  July 5, 2017 1:30am-1:46am BST

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missile test a new escalation of the threat to america and its partners. us defence officials are now acknowledging that north korea's latest missile test was an intercontinental ballistic missile. a meeting of the un security council will take place later on wednesday. on the first ever visit to israel by an indian prime minister, narendra modi has said he hopes to transform their economic ties and build what he called a robust security partnership. and this video is trending on bbc.com. italian police say four teenagers accused of 12 robberies in milan resembled the violence of a notorious gang in the film a clockwork orange. the four are now in police custody. that's all from me for now. stay with bbc news. and the top story here in the uk: families affected by the grenfell tower disaster have been attending a private meeting with the police and the coroner in kensington. some are reported to have left part—way through. now on bbc news all the latest
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business news live from singapore. and historic visit by indian prime minister narendra modi as he seeks defence deals with israel —— an. an 8 billion cans later, we wish a happy 80th birthday to attend luncheon meat spam —— and. —— to tinned. it's wednesday, good morning, asia, hello, world, glad you could join us for this edition of asia business report, i'm rico hizon. narendra modi is on an historic three—day trip to israel, he is the first indian prime minister to visit and it signals warming relations between the two sides. defence deals are expected to
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top the agenda. india but has become israel's biggest export market for arms as it seeks to counter china and pakistan. it gets an estimated $1 billion per years in weapons —— per year. the fact neta nyahu the fact netanyahu received modi on tuesday at the airport signals the strength. india has been historically supportive of the palestinian cause but quietly it's been working on its relationship with israel and until now mr modi has given credit to israel. the main focus of the trip will be economic and strategic. india is already israel's largest arms market, buying weapons worth $1 billion every year. on this trip mr modi is expected to push forjoint development and sale
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of drones, missiles and radar systems and the signature make in india campaign. bilateral trade between the two countries is around $5 billion per year. both countries wa nt to $5 billion per year. both countries want to expand economic ties and are expected to announce deals in sectors like agriculture, water and space technology. the european union senior officials are also busy discussing free—trade deals with the southeast asia nations, a < unknown speaker: as asean in bangkok, thailand this week —— a bloc known as. the region created $280 billion in 2016 and that is 13% of trade in the region and when it comes to foreign direct investment, the eu is the largest source of investment inflow to the association of southeast asia
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nations. earlier i spoke with kris humphries, the executive director of the eu asean business council and i asked him if we were likely to see any progress in this meeting. there's time for them to go in this deal —— chris humphrey. they need to put ina deal —— chris humphrey. they need to put in a framework, that's the important first step, scope out the range of issues they want in that deal. but, chris, talks started in 2009 and we are now on the eighth year, how soon before a deal is finalised? talks did start in 2009 and they were suspended because the feeling from europe at least was the ten countries of southeast asia weren't ready to work together. that mood has changed, there's a sense in europe now and certainly in the business community that southeast asia is ready to move quicker but it won't be a quick process, we're probably talking another 12 months before formal discussions can start and it could be three to complete those talks. you have the asean six
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and the remaining frontier markets like cambodia and laos and myanmar, do you think asean countries will be willing to include labour rights in the arrangement? i think if asean wa nt to the arrangement? i think if asean want to deal with europe it has to include a whole range of things, it can't just be include a whole range of things, it can'tjust be tariffs but services and rp rights and access to services and rp rights and access to services and also labour and environmental issues, that's the standard template these days for a deal from the european commission and i can't see the eu moving on those. why is labour rights a major sticking point between the eu and asean? it's about the competition to make sure the playing field is as level as possible. —— fair competition. we're talking about the rights of people in their workplace, to avoid slave labour essentially. on the other hand could this extend negotiations between the two sides and there would be any agreement? i'm sensing a greater willingness on both sides
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to progress. with the near death of tpp, europe is now seeing an opportunity in southeast asia to step up to the plate more, there's more urgency from them and seeing the southeast asia nations wanting to do more as a group as well, a region to region deal is possible but it won't be a quick process, but it is now more possible than previously. any concerns about the future of the eu with brexit? none at all and the eu is getting stronger, we seen it in recent elections, the eu will come out of this looking very good. there are lots of free trade talks taking place taking place this week, shinzo abe is visiting brussels to finalise a trade arrangement with the eu, a deal that would remove all customs duties and give greater market assets to japanese car manufacturers and european food exporters. several airlines in the middle east will $0011 airlines in the middle east will soon allow laptops in cabin is again after the us reversed its ban for us bound flights, however the
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department of homeland security will require additional security initiatives —— cabins. turkish airlines and the saudi airlines have said they will implement the new roles. formula 1 racing team williams has revealed the baby carrier... the carbon fibre baby pod has been developed to transport critically ill newborn infants safely and securely in an ambulance 01’ safely and securely in an ambulance or helicopter. the bbc‘s theo leggett reports. williams is one of the great names of formula 1. every year it spends millions on exotic new technology and all to make one of these go round a track as fast as possible. but the expertise developed on the racetrack doesn't go to waste. williams advanced engineering is a sister business to the f1 team and it's finding new uses for formula 1 technology. these little boxes, little pots, are built alongside the formula 1 cars and they're very high—tech andrew talansky why we
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have paul mcnamara, the technical director of williams advanced engineering —— and to tell us why. paul, what is this? a baby pod, a product designed at williams but its purposeis product designed at williams but its purpose is for moving infants. the idea is it will go into an ambulance, it will go into a helicopter or something like that. the objective that we had with it was to make it very accessible, so as you can see we can take the lid off and we can get everywhere inside this structure. its carbon fibre because it needs to be light and crashproof. in the event of an accident and we had to simulate and calculate all of that we had to pull on the tabs and the structure had to stay put and the padding which the child is in keeps them ok. one of the most technologically advanced race the most technologically advanced ra ce cars the most technologically advanced race cars that's ever been made has been made by us... the team said the baby pod is one example of how research carried out in racing can have real social benefits... lightweight materials, composite,
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aerodynamics, all these technologies can be so easily applied to other industries, sectors and products in order to invariably make them better but most importantly safe are sometimes and that's the case with the baby pod. the engineering business also allows williams to make money. —— safer. the profits are ploughed back into the racing team, helping it to fund more research and development and make its formula 1 cars even faster. theo leggett, bbc news. spam, the low—priced long—lasting and tinned meat is now 80 years old, happy birthday! did you know it kept troops and civilians alive in the second world war and it was then fed to unwilling is schoolchildren in the post—war years. it's the food summit in the western love to hate but 8 billion cans have so far been sold. now eight! now in some countries it's a delicacy. —— now 8,000,000,001. let's take a
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wow, i'm really ready for my brea kfast! wow, i'm really ready for my breakfast! spam with eggs and rice! to all american viewers, happy fourth ofjuly and of course because of the holiday in the us, we are seeing thin trading in asia today. thank you so much for investing your time with us, i'm rico hizon, goodbye for now. the top stories this hour: the us secretary of state rex tillerson has confirmed that north korea test—launched an intercontinental ballistic missile for the first time, representing an escalation of the security threat. on the first visit to israel by an indian prime minister, narendra modi says he wants to transform the two countries' economic and security ties. the high court has ruled that a 16—year—old boy, who was held in solitary confinement for more than 23 hours each day, had his human rights breached. the teenager, who has significant mental health problems, was kept in a cell at feltham young offenders institution
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forfour and a half months. our home affairs correspondent danny shaw has this report. it holds some of the most troubled and dangerous teenage boys in the country, but is feltham young offenders institution looking after them in the right way? last week and inspection report said the centre was not safe for staff or boys. now the high court has declared that feltham broke prison rolls and acted unlawfully feltham broke prison rolls and acted u nlawfully after feltham broke prison rolls and acted unlawfully after a 16—year—old was held for months in conditions his lawyers said amounted to solitary confinement. the boy was initially detained in his cell for 23 one half hours each day. he was allowed out only to shower, exercise and make phone calls. he had no access to education for three months. the court ruled that keeping the boy away from other inmates are breached
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his right to respect for a private life, it also said he should have that had at least 15 hours education a week. troublesome boys cannot be allowed to drift, the court said. it's still an issue about it still possible for prisons to hold children in isolation, we think that's wrong and it's a child protection issue and we will be appealing. inspectors found almost a third of boys at feltham spent only two hours a day outside their cells. this woman's son had a particularly difficult time they're. solitary confinement can rehabilitate you but asa confinement can rehabilitate you but as a child it makes you more angry with the system. you don't have access to anything that can help you. the court ruling did not go as far as declaring that what happened to the 16—year—old at the centre of the case was inhuman and degrading. that'll come as a relief to the ministry ofjustice, which has overall responsibility for feltham.
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danny shaw with that report. plenty more with mike embley in just under 15 minutes time. time now for all the sports news in sport today. hello, i'm nick marshall—mccormack and this is sport today, live from the bbc sport centre. coming up on the show: australia's bernard tomic says he's lost his respect for tennis, following his wimbledon loss to mischa zverev. you'd never catch this guy saying he's bored at the all england club — but roger federer did have an easy day at the office. and mark cavendish has pulled out of the tour de france after a crash on stage four. hi there, wherever you are around the world, welcome to sport today. some australian fans are calling for bernard tomic to be deported after saying he was bored playing at wimbledon. 1987 champion pat cash says tomic
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should go and work in a factory to understand what real work is like. martina navratiolva says tomic should go and find another sport. it's the controversy which has taken the focus off the on—court action, or lack thereof, in the case of roger federer and novak djokovic. here'sjohn watson to explain. day two of wimbledon. novak djokovic and roger federer, both in action. they did not perhaps get to work out they were expecting. those opponents retired injured in the second set. they were both leading at the time. they were both leading at the time. they are
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