only choice. now on bbc news, live to singapore for asia business report. a relief rally as asian stocks had higher after president trump and xi jinping agree to suspend new tariffs for 90 days to allow times book fresh talks. and oil pressure. crude is higher this morning on the us china deal and as russia and saudi arabia extend their pack to manage prices, and of the meeting of the world ‘s biggest energy produces this week. there has been a trade war between the world ‘s biggest —— two biggest economies as they called a truce in the tit for tat imposition of tariffs on each of its countries. donald trump and xi jinping struck a deal during the 620 summit in argentina as they had their first face—to—face meeting during the conflict. and stocks are breathing a sigh of relief, it has been called a relief rally. they are considerably higher as a result of that news. monica miller has all the details and us. breathing side of relief after these two hole to these ta riffs relief after these two hole to these tariffs for 90 days. these come from a memo from the white hous

, live to singapore for asia business report. protests a nd protests and parliamentary pressure, investors on uk watch as prime minister theresa may insist that tomorrow's brexit vote will go ahead. east asia in focus. a new world bank report highlights the region's economic success story as well as the challenges ahead. good morning and welcome to asia business report, live from singapore, with me, mariko oi. this week we are focusing on brexit, and the uk government has said the vote on the brexit plan will go ahead tomorrow despite a report it will be delayed. we will bring you the latest breaking news and market reaction to that developing story. also taking place on tuesday in the us, google‘s chief executive will be questioned by lawmakers. the last time he was invited, he didn't even show up, but he is likely to be quizzed about the firm's ambitions in china as well as the recent walkout over the treatment of female staff. market a nalyst treatment of female staff. market analystjim bailey told me what we should expect out of the uk this week ——jun should expect out

last 12 months alone, most in london and north—west england. now on bbc news, live to singapore for asia business report. drop the charges. beijing officials oppose us accusations that two chinese hackers stole intellectual property for the government. former nissan chairman carlos ghosn could be released from custody as early as today. good morning and welcome to asia business report, live from singapore, with me, mariko oi. china has rejected accusations by the united states and the uk that it is involved in cyber hacking in at least a dozen countries. overnight, the us department ofjustice has indicted two chinese men who are accused of hacking into the computer networks of companies and government agencies in the us. the pair are allegedly part of a hacking group known as advanced persistent threat can, affiliated with china's main security service. they have been at this for quite sometime. thejustice department came out, had a big press conference and they announced the two defendants engaged in what they described as a ten year effort to acquire and access information from nu

on bbc news, all the latest business news live from singapore. google‘s parent company, alphabet, spells big earnings for investors on wall street as the company sees profitability saw. as the world goes high—tech, more of the silver generation are picking up a new language called coding. —— soar. good morning, asia, hello, world, glad you could join us for this tuesday edition of asia business report, i'm rico hizon and we start with the google parent company, alphabet, and earnings soaring to $10 billion and the results have eased concerns investments in new adventures would undermine the google owned compa ny‘s adventures would undermine the google owned company's outlook. our business reporter kim gittleson said there's three reasons for these excess. there's three reasons for these excess. one of which is their core business, they sold more... —— the success. business, they sold more... —— the success. a second thing has to do with an accounting regulation which men for the first time alphabet, google‘s parent company, had to list all its investments and ot

critical condition in hospital. now on bbc news, all the latest business news live from singapore. president trump is expected to go ahead with new controversial tariffs within the next day, but could canada and mexico be exempt? and on international women's day, we ask if gender equality and pay are a distant dream or something achievable. good morning, and welcome to asia business report, live from singapore. it is still all about trade this morning. and donald trump's trade war could start today. that is if you believed in reports the president will sign off on controversial tariffs on steel and aluminium. other industries are not sure this is a good idea. we have more from new york. brooklyn very is used to focusing on its craft but the company is increasingly worried about it brewing trade war, especially because it makes more than 50% of its profits by exporting a certain type of liquor. it will increase costs tremendously. if a trade war begins, that is very dangerous for companies like ours. in this company isn't alone. across the united states, businesses are struggling t

described as a critical week for britain. now on bbc news, live to singapore for asia business report. nissan shares slump in tokyo as it says it's chairman will be fired after allegations of financial misconduct. and how the transgender community is fighting for equality. good morning. hello, world, glad you could join us for another exciting edition of asia business report. we start off with nissan motors, and its shares are falling sharply in tokyo trade this morning after the carmaker said it plans to fire carlos ghosn from the chairman's post after discovering he allegedly used company funds for personal use and committed other serious acts of misconduct. joining us now is my colleague marika oi. he is all over the headlines that he hasn't spoken about what's happened. no, it's important to emphasise we have not heard from mr ghosn himself, and we will continue monitoring if he makes any kind of statement today. he is accused of understating his income by 5 billion yen over five years, about 44 million us dollars, and according to the carmaker nissan, allegations of mr ghosn‘s

people will benefit. now on bbc news, all the latest business news live from singapore. because of ongoing concerns about the use of data by the social networking giant. and please reconsider tariffs against china. that is the message from america's retail giants to president trump. good morning, welcomed asia business report live from singapore with me, marika oi. social media companies are in the spotlight once again with facebook shares falling for a second day following reports us authorities are looking into facebook‘s handling of personal data and the scandal involving the consultancy, cambridge analytica, is affecting and other social media firm, twitter, whose shares closed down 10% in us trade. let's bring in our business reporter. cambridge analytica has suspended its boss, alexander nix, over these allegations of data harvesting and meddling in elections. cambridge analytica has denied all wrongdoing, as has facebook. we saw it to the share price though. $60 billion wiped out over two days, the size of a small economy. investors are worried about the implications of th

lead to a no—deal brexit. now on bbc news live to singapore for asia business report. all eyes on an upcoming report from the us and whether it will name china currency manipulator. a look at what it could mean for relations going forward. and start up in vietnam's is banking on crickets as a source of nutrition. we meet the man behind the business. welcome to asia business report, i am sharanjit leyl asia business report, i am sharanjit leyl. we a re asia business report, i am sharanjit leyl. we are on china watch and the semi— annual report that investigates trading partners manipulating currency. that is due out this week. we are looking at whether the us treasury will name china currency manipulator. china is one of six countries on the list along with japan, south korea, germany, switzerland and india. for a come true to be named to currency manipulator, there are three boxes to tick. —— country. a trade surplus, current accounts surplus and a persistent one—sided intervention. what are the implications? here is an analysis from julian evans prichard. it would have polit

level students receiving a and a* has risen slightly on last year. now on bbc news, live to singapore for asia business report. malaysia's prime minister heads to china to renegotiate negotiations from his previous prime minister, possibly worth billions of dollars. the movie crazy rich asians shows us lifestyles of the ultra rich. we will find out how some asian billionaires spend their money. hello, asia. good morning, everyone. it will be a crazy show right here on asia business report, i'm rico hizon. we start with mahathir mohamad and malaysia's 93—year—old prime minister has been busy renegotiating deals that were done by predecessor nadja razak, now facing corruption charges. he's heading to china where he is expected to do just that —— najib razak. they were a series of investments in asia as part of the one world one doubt that —— one belt, one road project. iasked a nalyst belt, one road project. iasked analyst steven wong in kuala lumpar how that's going down with beijing. be used coast rail link is only one of two projects that is highly controversial —— th

bbc news, live to singapore for asia business report. talks between the united states and china aimed at easing trade tensions end with no major breakthroughs as ta riffs ta ke end with no major breakthroughs as tariffs take affect. how hard is it to make a blockbuster movie with an all asian cast? we talk to one of the producers of crazy rich asians, who took the gamble and won. good morning, asia. hello, world. it's friday, almost the weekend, glad you could join us for another exciting addition of asia business report, i'm rico hizon. we start with us/ china trade and officials have ended two days of talks in washington, dc with little progress as the trade dispute escalated with another round of julian as the trade dispute escalated with another round ofjulian tariffs on $16 billion worth of each country's goods. as part of our trade week special, we look at how the dispute is threatening the entire world. beijing levied tariffs on us pork in april and is threatening to increase those. some countries like brazil, one of the world's top port exporting nations, is hoping to ga

live from singapore. working on a fix. intel tackles a serious the design flaw in its chips that could impact the security of operating systems worldwide. streaming its way to you, what if i's goalfor 2018. streaming its way to you, what if i's goal for 2018. —— streaming its way to you, what if i's goalfor 2018. —— spotify‘s goal. glad you could join us for this thursday edition of asia business report. we start off with technology and its use in every modern computing device that you and i used. i am talking about these microchips from intel. advanced microchips from intel. advanced microchip devices. it has been reported that there is a serious flaw which could let hackers steal data unless you update the operating systems for your computer ‘s. i'm joined now by my colleague. what is the problem? when you read that news it is quite worrying. i called on behalf of you to find out exactly what is wrong and to find out they don't know which chip is affected and what device. it has been revealed that intel knew about this a while ago and they were going to... they have

bannister, the first man to run a mile in underfour minutes. now for business news from singapore. china is set to make sweeping changes that will give president xi jinping more power and consolidate control over its regular trip policies. and one indian carmaker makes inroads into the us by building a massive auto assembly pa rt building a massive auto assembly part in america's car capital. good morning and welcome to asia business report live from singapore with me. as we can see, china's national‘s people's congress has kicked off and is well in beijing. leaders began by setting 2018 gdp growth at 6.5% the same as last year and an increase in military spending of 8%. they are also expected to rubberstamp several sweeping pieces of legislation including removing term women for the president. lawmakers are also expected to create a powerful anticorruption agency and approve a major overhaul of its banking and insurance sectors, putting them under the supervision of one government bureau. all this while there is a transition in leadership at the central bank and the people's bank of chin

minister's official plan. now on bbc news live to singapore for asia business report. apple says its new line of products are bigger and better, but will they help the tech giant beat its competition? the class of 2008 had a tough time finding work during the globalfinancial tough time finding work during the global financial crisis. tough time finding work during the globalfinancial crisis. find tough time finding work during the global financial crisis. find out where they are today. good morning, and welcome to asia business report, live from singapore, with me, mariko oi. it is arguably what apple fans have been waiting for, the firm just released shiny new products including the latest versions of iphone and an updated watch model. it has been an eventful year for the tech giant which became the world's first ever publicly traded company to reach the $1 trillion mark, but it also recently found itself under president trump's crosshairs when he suggested apple should manufacture iphones in the us. let's show you what apple an ounce to overnight in roughly 90 seconds. —— annou

. police have made five arrests. now on bbc news, all the latest business news live from singapore. all that rubbish — china bans the import of waste. so where will all of the garbage go and what businesses are most affected? and we look at how china will plans to shake up the oil futures market, but will foreign traders buy it? happy new year, and welcome to asia business report live from singapore. did you know that china has been the biggest importer of foreign rubbish? everything from paper waste, textiles to used plastic is sent to china for recycling. but not any more. these imports are now banned because beijing is trying to clean up because beijing is trying to clean up the country's environment and improve public health. but the ban will disrupt billions of dollars in trade. in 2016, china imported $18 billion in waste. from hong kong, danny vincent reports. recycling in hong kong — this is where plastic waste ends up. used plastic near and far. recyclers must change the way waste is processed. china's has introduced a ban on recycling products. hong kong has a challenge wh

from singapore. president trump has followed through on his promise to impose tariffs on the european union, canada and mexico and now they have a promise of their own retaliation. let me be clear, these tariffs are totally unacceptable. japan's softbankjoins general motors in the race to dominate the self driving car industry. the us has slapped steep tariffs on metal imports from key allies including the european union, canada and mexico. the trump administration say the levies are needed to protect national security is while the companies on the receiving end have promised to retaliate. from new york, paul blake reports. all smiles the camera behind closed doors, a simmering family feud. just after meeting european leaders in paris, the us commerce secretary slapped europe, canada and mexico with harsh ta riffs europe, canada and mexico with harsh tariffs on steel and aluminium. everybody has spats now and again. everybody has spats now and again. every family does, every country and there is nothing weird about that. i think everybody will get over this in due course. in

corporation's coverage of a police raid on his home. now on bbc news live to singapore for asia business report. the european commission slabs are record $5 billion on google. and now mariette, the world ‘s biggest hotel chain becomes the biggest company to announce it is breaking its habit of using plastic straws. good morning and welcome to asia business report. live from singapore. google has been lined a whopping $5 billion by the european commission, it is the biggest fine it has ever handed out toa biggest fine it has ever handed out to a company and it is all connected to a company and it is all connected to the compa ny‘s to a company and it is all connected to the company's android operating system for mobile phones. its competition commissioner said google has abused its market dominance. this is very serious illegal behaviour going on since 2011. it is a big market and it is a very serious offence and there, from our guidelines, comes a very large fine. google is fighting back. the chief executive says the decision it was the fact that the android phones are ready

. now on bbc news, all the latest business news live from singapore. music do investor's years, streaming giant spotlight goes public in a billion—dollar listing. vietnam's government is hoping its young tech savvy population willjenna and generate new sources for growth. good morning, welcome to asia business report, live from singapore. the world's biggest music streaming service, spotify, has gone public on the us stock exchange. of the ten—year—old compa ny‘s public on the us stock exchange. of the ten—year—old company's planning to do ina the ten—year—old company's planning to do in a rather unique way. spotify plans to hold a direct listing, selling up to $1 billion‘s worth of shares on the new york stock exchange. our us business correspondent explains why they chose this method. everyone is watching us closely because it is very unusual for watching us closely because it is very unusualfor a watching us closely because it is very unusual for a company to list in this manner. normally, when a company does when it lists or goes public is there are new sh

foreign office. his wife, daniela tejada, said she was "elated". now on bbc news, live to singapore for asia business report. general motors drives down jobs. the carmaker ‘s decision to slash its workforce by 40,000 draws criticism from donald trump. backing down on the illegal wildlife trade, free auction houses are banned from the sale of rhino worn artefacts. what other measures can be taken to protect the endangered species? —— rhino horn. good morning. it is tuesday, glad you could join us. we start off in general motors and the us carmaker plans to stop production at five factories in north america and cut more than 14,000 jobs. the us carmaker also announced it will also shut down three facilities outside north america by the end of next year. it north america by the end of next yea r. it follows north america by the end of next year. it follows rising costs and slower car sales, the decision has drawn criticism from politicians including donald trump. this country has done a lot for general motors, you better get back in there soon. we have a lot of pressure on them, sena

world? we speak to the founders. good morning and welcome to asia business report live from singapore. let's start with the markets because chinese shares kicked off the week posting their biggest one—day gain in two years. the shanghai composite closed higher by over 4% on monday and that is after policymakers stepped in with a slew of new measures to shore up investors confidence. it follows a steep cell of last week after the latest growth figures showed the slowest pace of growth since the crisis. beijing leaders are realised reassuring investors needed to be a top priority. until you had investors needed to be a top priority. untilyou had a combination of a concerted effort from the vice premier, you have the head of the central bank and the securities watchdog, all coming out and saying we're not going to let this thing continue, we're not to the private sector firms blow away in the wind, combined with concrete policy measures and tax cuts worth a p pa re ntly policy measures and tax cuts worth apparently somewhere around 1% of gdp will be supporting this and also hence there

solution. now on bbc news, live to singapore for asia business report. the turkish lira at a fresh record low, turkey drafting a plan to ease financial market concerns. and sanctions over iranian oil threaten to push prices higher. we find out what oil producers will say about the growing tension. welcome to asia business report. we begin with this spat not between the us and china this morning, but between the us and turkey. the value of the turkish lira is at a fresh record low, as you can see and oui’ lira is at a fresh record low, as you can see and our screen, lira is at a fresh record low, as you can see and our screen, against the us dollar. check this out — this year it has lost 40% of its value and turkey's refusal to release the american pastor has worsened relations between the countries. president trump said he would double the steel and aluminium tariffs and on friday the lira have the worst day since the turkish financial crisis in 2001. in response the president said his country was facing an underhand plot as he addressed a rally on sunday. translation: the resp

singapore. it isa it is a major u—turn. president trump may be putting the trans—pacific trump may be putting the tra ns—pacific partnership back trump may be putting the trans—pacific partnership back on the negotiating table as tensions brew between the us and china. and delta earnings are up and away. with a 10%jump in profit with asian —— will asian airlines follow their lead? good morning. welcome to asia business report live from singapore. we will kick things off with trade. do you remember president trump pulling out the huge free—trade deal known as the trans—pacific partnership. that was within days of taking office. it could be back on the negotiating table. the us president made a commitment to reconsider the deal while meeting with politicians from farming states. meanwhile, the white house is free negotiating trade deals closer to home with canada and mexico. president trump is skipping the summit of america's which starts today in peru. are south american business correspondent explains why he is surprised by trump's latest comments about the tpp. there w

the latest business news live from singapore. all eyes on the chinese economy and its latest growth numbers as the government puts serious work into trimming bad debt. a pub crawl anyone? by helicopter? we take a look at the business of drinking down under. good morning, asia. hello, world. iam right here down under. good morning, asia. hello, world. i am right here in singapore. we start off with the world's second largest economy because we are expecting first—quarter growth numbers in about one hours time. many economies are expecting a 6.7% expansion compared to 6.8% in the final quarter of last year. that is also the view that growth could slow further this year as a crackdown on factory pollution needs more closures at factories. there is also shadow banking activities in an effort to rein in debt for both corporate and household types. these measures have pushed up the cost of borrowing. it is also the looming possibility of a trade dispute with the world's biggest economy, the us. earlier, i asked this economist with ahe earlier, i asked this economist with a he expects th

from singapore. uber is selling off its south—east asia business to singapore —based rival, grabbed it. what is this mean for two of the world's guest tried hailing companies? and is the largest employer of people in india, will find out why the country's farming industry has been stuck the same old gear for decades. —— with. good morning, asian, hello, world. it isa good morning, asian, hello, world. it is a monday, hope you had a great weekend and glad you could join us for this edition of asia business support. i am rico hizon. for this edition of asia business support. iam rico hizon. we for this edition of asia business support. i am rico hizon. we start off with uber and after pulling out off with uber and after pulling out of china, it is now giving up another, selling its business in south east asia to regional rival, grab and. two more, i'mjoined now by my colleague and business reporter. why there retreating from asia? it comes down to money, uber is reducing its footprint in asia because it is such a competitive market and they are not really able to turn a profit. so

singapore for asia business report. from poverty to global power — china marks a0 years of economic reforms which made it the world's second—biggest economy. malaysia lodges criminal charges against goldman sachs. 0ver lodges criminal charges against goldman sachs. over the 1mdb scandal. we assess the significance. good morning and welcome to asia business report live from singapore. we start with china because a0 years ago today, the country ‘s communist party started the process of turning china into a market driven global power. it of course transformed it into the world ‘s second—biggest economy. let me show you how significant that is. back in 1970 ait, the output of goods and services was under $150 billion. last year it topped a whopping $12 trillion. but a shadow over the anniversary. we catch up with the former director general and ask whether the country is wrong to raise issues about how the global system operates. the us are awry. some of the moves of trade today did not discipline and are from chinese practices and china is right that the way the us behaves putt

, live to singapore for asia business report. face—off in buenos aires. donald trump and xijingping have face—off in buenos aires. donald trump and xi jingping have arrived in argentina for the 620 summit, and everyone‘s looking forward to the crucial trade talks. taiwan and the trade dispute. how the island nation is dealing with the fallout of the conflict between china and the united states. 6ood good morning, asia. hello, world. it's a friday, glad you could join us it's a friday, glad you could join us for another exciting addition of asia business report. i'm rico hizon. the 620 summit is our main story at this hour, kicking off in buenos aires, argentina later today and the main focus will be the first face—to—face meeting between us president donald trump and his chinese counterpart xi jingping since their trade war began. both leaders have arrived in the capital. investors, businesses and politicians will be watching the event very closely to see whether the leaders of the two biggest economies can strike a deal to diffuse tensions. from the event, the head of the w

bbc news all the latest business news live from singapore. asian markets react to the news that the white house's top economic adviser steps down just hours after president trumps stands firm on steel and aluminium tariffs. and billions of dollars in offshore oil and gas are mocked for east timor. welcomed asia business report live from singapore with me, marika oi. the white house's top economic adviser gary cohn has resigned, reportedly unhappy about the president's proposed tariffs and that it could trigger a trade war. we are already seeing the impact on the market, especially on the us dollar falling against safe haven currencies such as the japanese yen and swiss franc. mr trump tweeted that he will appoint a new person to the role in the coming weeks. the news of gary cohn‘s resignation came shortly after his comments that the recent dispute he disagree with. the united states has been taken advantage of by other countries both friendly and not so friendly for many, friendly and not so friendly for any friendly and not so friendly for many, many decades and we have a trade

the leader of the democratic unionist party. first, the latest business news live from singapore. chinese technology companies are looking at the said te as a wake—up call looking at the said te as a wake—up ca ll after looking at the said te as a wake—up call after the telecommunications giant became entangled in us and china trade tensions. indian companies say they $12.5 billion investment is not welcomed by all australians. glad you could join us, and exciting addition, and i am in singapore, and we start out with the chairman of chinese giant 10 cents said the trials and tribulations of zte should serve as a wake—up call for the technology sector. he said investment is desperately needed to make sure other companies are not left in the same vulnerable position. this comes as president trump is under fire position. this comes as president trump is underfire from both position. this comes as president trump is under fire from both sides of politics accused of being too lenient on zte. the trump administration says the company faces a $1.3 billion fine for illegal trade

place. now on bbc news all the latest business news live from singapore. now on bbc news, all the latest business news live from singapore. facebook beats earnings estimates but investors steer clear of the like button over concerns about changes ahead. and india's budget goes before parliament. we find out how it might affect the country's economy. good morning, asia. hello, world. it is thursday. glad you could join us. i am rico hizon. we kickoff the programme with facebook and its latest earnings numbers which beat expectations. advertising revenue up which beat expectations. advertising revenue up 47% compared to the last quarter of 2016. a5 revenue up 47% compared to the last quarter of 2016. 11.3 billion us dollars profitability. not all good news. the stock slumped after mark zuckerberg warned engagement could ta ke zuckerberg warned engagement could take a hit as facebook evolves and users were spending 50 million fewer hours per day on the social media service. why is facebook changing? with the changes in the facebook algorithm, they are looking at meaningful social int

news all the latest business news live from singapore. china's struggling telecom giant zte gets help from an unlikely person, president trump. we will explain. and meet marvel‘s first—ever chinese superheroes in a new graphic novel out this week. welcome to asia business report. us president donald trump says he wa nts to us president donald trump says he wants to help save one of china's biggest telecom firms. in a tweet, he ordered the us comms department to give the company zte away two, quote, get back in business, after the department banned american businesses from working with them. this is a major u—turn from a president who's spent a lot of his time campaigning and bashing china for stealing american jobs. that's right. a year and a half ago, when he was on his election campaign, his number one issue was usjobs, how china campaign, his number one issue was us jobs, how china was taking campaign, his number one issue was usjobs, how china was taking us jobs. he talks about that a long time. in fact all this conversation about the steel and aluminium industry is abo

news live from singapore. economic rivals china and the us seek common ground as the chinese vice premier attends high—level meetings in washington, dc. and it is the wedding of the season. find out how the we can's royal wedding stacks up against other high profile weddings. it's a friday, everyone, almost the weekend. good morning, asia. hello, world. glad you could join us for this edition of asia business report. i am rico hizon. they are meeting for the second time as they wrestle over tariffs, centres, and trade deficits. this time tainah's top trade representative is in washington, dc. it seems both sides have a long way to go to find any middle ground —— china. 0n to go to find any middle ground —— china. on thursday, president trump said he doubts much will come out of the meetings. the reason doubt it is because china has become very spoilt. the european union has become very spoilt other countries have become very spoilt because they a lwa ys have become very spoilt because they always got 100% of whatever they wa nted always got 100% of whatever they wanted f

news live from singapore. mark zuckerberg breaks his silence. he says facebook made mistakes over the handling of users‘ data, and he‘s reportedly open to testifying in front of us congress. no surprises from america‘s central bank, new chairjerome tel delivers its first spike of this year and he has signalled there may be a few more to come. good morning, welcome to asia business report, live from singapore with me, mariko oi. we‘ve all been waiting to hear from the boss of facebook and finally we have. mark zuckerberg admitted that the company made mistakes over how its users‘ data was handled. of course, earlier this week, as we reported, it was revealed private information of facebook users, some 50 million of us, was misused by political consultancy firm cambridge analytica. in a statement mr zuckerberg said: i started facebook. .. that was the statement he posted on his personal facebook page and he‘s giving an interview with cnn, in which he apologised for the breach of trust. he said facebook should not have trusted the data firm at the centre of this row, cambridg

to donald trump in june in singapore. public anger is growing in china following a vaccine quality scandal. hundreds of worried parents are rushing to hospitals to see if their children's vaccinations are valid. polls will open in a few hours in pakistan's general election — a story trending online. our there are nearly 4,000 candidates who are contesting over 272 national assembly seats. more than 100 million people are eligible to vote. that's all. stay with bbc news. and the top story in the uk: the met office declared monday the hottest day of the year so far, with 33.3 celsius being recorded in suffolk. an amber heat alert‘s been issued for parts of england. now on bbc news, live to singapore for asia business report. can google‘s parent company beat its technology rivals to become the world's first trillion dollar company. shares are up. and what you do if you want to experience the great outdoors by two are not in the mood to it out? welcome to the world of glamping. it's a tuesday. good morning, asia. glad you could join us morning, asia. glad you could join us for an

news live from singapore. president tried postponed a decision on whether to impose steel and aluminium tariffs on us allies. bonjour australia. french president macron hopes to drum up more business down under after a stopover in washington, dc. good morning, asia, hello, world. glad you could join us. newsjust in, the trump administration has decided to hold off making a decision on whether to impose steel and an elite —— aluminium tariffs on canada and the european union and mexico untiljune one. the deadline to the temporary extension was due to expire at midnight in the us however a deal has been reached with other allies. for the latest, i'm joined by kim giddleson. -- gittleson. no surprise. there was a delay. we hadn't heard any lea ks surprise. there was a delay. we hadn't heard any leaks from the administration about what they were thinking. i do want to say that the reports we are getting in suggest they going to kick down —— kick the can down the road when it comes to the european union and in theory, there is a deal that has been reached between australia,

32 years ago. now on bbc news, live to singapore for asia business report. sterling slump. the pound tumbles as the uk prime minister delays are crucial brexit vote to buy more time to renegotiate her exit deal with the eu. rbi resignation, the governor of india's central bank quits after a month long tussle over policy with the government. good morning and welcome to asia business report, live from singapore, with me, mariko oi. the pound has slumped after the uk prime minister confirmed that a crucial vote planned for later today will now be postponed. in an address to parliament, theresa may said she was confident of getting reassurances from the eu on the northern ireland border plant. the bbc‘sjonathan joseph brought us the latest from london. it has been another day of brexit uncertainty in london. if you look at the financial markets and you want to take the pound sterling asa you want to take the pound sterling as a barometer of how the brexit pi’ocess as a barometer of how the brexit process is going, it hasn't been a good day. just after 8am local time £1 would have br

says parliament should vote on other options. now on bbc news, live to singapore for asia business report. after a sharp fall on wall street, asian shares are opening flat and trying to bounce back from being deepin trying to bounce back from being deep in the red. and a trip to thailand inspires three entrepreneurs to clean up the environment one can at a time. good morning and welcome to asia business report, why from singapore. —— live. asian markets are kicking off the trading week after wall street saw all three indices entering correction territory last friday and this week will be keeping a close eye on major central banks. the us federal reserve will be meeting on wednesday to make its final rate decision of the years. meanwhile, thursday will see the last policy announcement of 2018 both from the bank of japan last policy announcement of 2018 both from the bank ofjapan and last policy announcement of 2018 both from the bank of japan and the bank of england. and shares in japan's softbank start trading on wednesday in which will be the second largest stock listing ever.

news live from singapore. as the tough talk on trade between the us and china continues, has had any the us and china continues, has had a ny effect the us and china continues, has had any effect on exports? we will watch as china unveils official trade numbers. and the only female trader on the new york stock exchange floor tells us how she has made it in a male dominated world. good morning, asia, hello, world. it is a tuesday. glad you could join us for another exciting addition of asia business report. i'm rico hizon. we start off with china, and the mainland is releasing its trade balance for the month of april, being watched closely in light of trade tensions with the united states. economists expect a trade surplus of nearly 28 early in dollars last month. exports are expected to grow 7.5% in april after a drop in march because of seasonal faq is and imports are forecast to rise nearly 16%. as you can see from those estimates, a nalysts can see from those estimates, analysts expect a rebound. for more on what to expect from the trade numbers coming out of the second biggest ec

. now on bbc news, live to singapore for asia business report. uk trade secretary liam fox tells the bbc there is interest in a good deal between britain and europe when it comes to brexit. and is china doing enough to address the problem ofair doing enough to address the problem of air pollution, which claims hundreds of thousands of lives each year? we take a look. hello and welcome to asia business report, and sharanjit leyl. and brexit, or the uk's exit from the european union, is now about seven months away and at the two sides have yet to agree on what kind of exit that will be. and lastly, the uk chancellor phillip hammond highlighted again a scenario where the uk economy could lose more than 7% of gdp over the next 15 years, if the uk were to leave the eu bloc without a deal. what we can say, i think with some certainty, it is that if we get no deal, it will be a disruption for the uk economy. i think it is difficult to quantify that but that is not what we want, and what we have been very clear is that we want there to be a good deal between britain and europe. just remember

guilty. —— a reminder. now on bbc news, live to singapore for asia business report. us stock index s&p 500 touches a record high and is on track to surpass its longest ever bull market run, but with will scandals plaguing president trump stop its meteoric rise? and we take a look at sorghum in china. never heard of it? well, it isa in china. never heard of it? well, it is a crop but it is now in the firing line between the us and china as trade tariffs take hold. good morning asia, hello world, it is a wednesday. glad you could join us for another exciting midweek edition of asia business report. i am rico hizon and we start off with us stocks. as we can see here, at the broader s&p 500 index, containing the us‘s biggest companies, hit a record high overnight during the session and could hit a milestone. however, it is down slightly in after—hours trading after president trump's former campaign chief and personal lawyer faced legal troubles. despite the slip, the s&p 500 is on its way to its longest—running bull market in history. to explain just what it means, our reporterfrom

singapore for asia business report. the result of the ballot held this evening is that the parliamentary party does have confidence... theresa may wins the confidence vote. the uk prime minister survives a ballot from her own mps. but what does this mean for brexit and business? and the future of food. how the world will feed itself as the global population heads towards the global population heads towards the 10 billion mark. good morning, asia. hello, well. glad you could join us for this addition of asia business report. i'm rico hizon. we start off with uk prime minister. theresa may has won a vote of no confidence of the leadership of the conservative party by 200— 117. mrs may is immune to another challenge for one year. she failed to deliver the brexit that people voted for. this has been a long and challenging day, but at the end of that i am pleased to have received the backing of my colleagues into night's ballot. while i am gratefulfor that support, a significant number of collea g u es support, a significant number of colleagues did cast votes against me andi

lack of exercise. now on bbc news, live to singapore for asia business report. fed on hold. no rates move from the us central bank but asian markets follow wall street's lacklustre lead on expectations of a december hike. and how some companies are seeing business opportunities as pollution in delhi rises to dangerous levels. hello and welcome to asia business report, i'm sharanjit leyl. the us fed has kept interest rates on hold and while the decision was widely predicted, that doesn't mean markets we re predicted, that doesn't mean markets were entirely unfazed. shares in asia have followed on wall street's lacklustre lead in a sign analysts continue to expect a hike next month. meanwhile, oil prices have slipped further as traders focus on rising global crude supply, and this comes as i nvesto i’s rising global crude supply, and this comes as investors continued to digest the outcome of the mid—terms and the firing of attorney general jeff sessions. let's look at the asian markets and how they've opened. they are lower, the nikkei expanding on some of those earlier losses. lot

report, live from singapore. investors are keeping an eye on it this week and more than $1 billion in the last week. it is one of the biggest sell—outs since the market opened in 2015. investors we re market opened in 2015. investors were really rattled by the deteriorating relations following the death of the journalists. over the death of the journalists. over the weekend they said that he died inafight the weekend they said that he died in a fight inside the consulate. and that 18 people implicated in his death it will be punished. but before the announcement, dozens of business leaders and foreign officials pulled out of a saudi conference, referred to as, they are spoke to the american cable network and he admitted to the first time, that his death was a murder. obviously it was a mistake made and with compounded it was that they covered it up. that is unacceptable for government. these things u nfortu nately for government. these things unfortunately happen, it has been very clear that we will leave no stone unturned. and we believe that once the investigation is over and t

latest business news live from singapore. stock prices retreat worldwide after president donald trump cancels a summit with north korea and considers possible tariffs on all their imports. the most sweeping data privacy laws in decades takes effect in europe today. we will be finding out what this means for companies around the world. good morning asia, hello world. it is friday and glad you could join us for asia business report. the markets have plenty to react to have the president trump cancelled this meeting with north korean leader kim jong—un. wall street was very volatile overnight. higher at one point but finishing in negative territory, the dow down by 75. but news the us plans to investigate auto imports on the grounds of national security, costing the biggest move. japan was in negative territory on thursday and it currently continues to be in the red, down by another 2a points in early trade shares of nissan, mazda and toyota are all falling on the news of the investigation. in europe, daimler, bmw and volkswagen dropping around 2%. business reporterjoe miller says the

live from singapore. president trump announces tariffs on steel and aluminium, president trump announces tariffs on steeland aluminium, and president trump announces tariffs on steel and aluminium, and wall street hates it —— takes a dive in response. china's demonstrates an official intelligence to help you still clear of man's best friend. good morning, welcome to asia business report, live from singapore. the us president donald trump has announced he will impose a tariff of 25% on imports of steel, and 10% on aluminium. arguing it will protect jobs and 10% on aluminium. arguing it will protectjobs in america's former industrial heartlands. us steel makers applauded the president's decision, while executives in other industries warned that the tariffs could hurt american manufacturers, and risk provoking a global trade war. but for workers in suburban pennsylvania, many of whom voted for mrtrump, the pennsylvania, many of whom voted for mr trump, the tariffs cannot come soon enough. jo miller has more. for almost two centuries, the —— this has been a mainstay of amer

on bbc news, live to singapore for asia business report. another day, another escalation in trade tensions between the world's two biggest economies. china announces further retaliatory ta riffs announces further retaliatory tariffs on the us. and ikea opens in india. we ask the boss how the swedish giant plans to approach shoppers who are not familiar with the diy approach. hello and welcome to asia business report. i am sharanjit leyl. to asia business report. i am shara njit leyl. we to asia business report. i am sharanjit leyl. we began with yet another escalation in trade tensions between the us and china. beijing has said it will impose tariffs on $16 billion worth of us goods, on the same day that america plans to begin new import taxes, also on $16 billion worth of chinese goods. both will take effect on 23 august, and you may remember both countries have already added tariffs to $34 billion worth of one another‘s goods. american officials are now examining a further $200 billion worth of products from china that could be slapped with duties. our business reporter in new

. now on bbc news, all the latest business news live from singapore. global shares are higher, as investors shrugged off fears of a trade war. and electric cars move into the fast lane. how new technology is bringing radical changes to the auto industry. good morning, welcome to asia business report, live from singapore, with me, mariko oi. after a few days of panic selloff switch we saw, investors seem less nervous about president donald trump's threat to impose tariffs on steel and aluminium. on wall street, the dow broke a four they losing streak, up 1.496. broke a four they losing streak, up 1.4%. investors started broke a four they losing streak, up i.4%. investors started to see the president's comments as a negotiating tool after he tweeted that canada and mexico could avoid his proposed tariffs if they agreed ona his proposed tariffs if they agreed on a new north american free trade agreement. we are now seeing asia following wall street, with the nikkei up by 2%. but is their enthusiasm premature? i put that question to my colleaguejoe miller in new york. they do seem qui

rest of the european union. lots more on that on our website. now we cross to singapore for the latest business news, live with rico hizon. a talking microwave, anyone? amazon launches new devices for the smart home to stay ahead of its rivals. china complained about the us at the world trade organization, but it is not about the escalating trade war. —— smarthome. it is friday, everyone. good morning asia, hello world. but you could join us for another exciting addition of asia business report. i rico hizon. we start with the smarthome concept, the idea that almost your entire home is connected to the internet and devices are boys controlled or work via an application. for now, amazon's alexa is the biggest selling homeboys assisted on the market. but rivals, in particular google, abbey catching up. amazon revealed in its latest range of devices overnight in seattle, and dave lee was there to see what they have cooked up. literally. one potato. starting potato. six minutes, 34 seconds. laughter. it is really for one big reason, which is a large number of devices, not only in your

if mps are deadlocked over brexit. now on bbc news, live to singapore for asia business report. the us agreed to expand trade framework, but this tokyo next in line for a trade war or a trade deal? in the smartphone revolution is one that india is embracing wholeheartedly. we find out how. good morning, asia. hello, world. it isa good morning, asia. hello, world. it is a wednesday. glad you could join us is a wednesday. glad you could join us for this midweek edition of asia business report. i'm rico hizon. we start off with the us and japan and fresh off his trade agreement with south korea, president trump is looking for a deal when he meets japanese prime minister shinzo abe today. the two have always on the surface, as you today. the two have always on the surface, as you can today. the two have always on the surface, as you can see, appeared very friendly and getting along, but how will they get on with trade negotiations? automobiles and agriculture have always been a sticking point between the two. president trump has made it clear he is unhappy with japan's $69 billion trade

immigration rules if they want to live or work in the uk after brexit. now on bbc news, live to singapore for asia business report. a deal is signed. president trump reaches an agreement in his first major trade pact since entering office with south korea. in making the most of its glorious sunshine, india's solar industry becomes a hotspot for the world's biggest solar works. good morning, asia, hello, world. it is a tuesday. glad you could join us for another exciting addition of asia business report. i'm rico hizon. south korea and the us have signed the first major trade agreement of the trump administration, described as a very big deal by president trump. he says the revised arrangement will reduce the revised arrangement will reduce the trade deficit between the two countries. south korean president moonjae—in says it will offer more stability between seoul and washington, especially at a time when both sides are negotiating with north korea. at the bbc‘s business correspondent says the changes are cosmetic. the changes are largely cosmetic. the changes are largely cosmetic. there

— if given the opportunity to do so at westminster. now on bbc news live to singapore for asia business report. as the eye and effort prepares to meet in bali, the group tells the global economy to prepare for the next financial crisis. and it has been a golden week to travel in china. check out the trends for chinese globetrotters. —— imf. we will kick things off with the business and economic events we are watching this week. on tuesday, world leaders will meet in bali, indonesia, for both the imf and world rank meetings. fast forward to thursday and we will get a clearer picture of the us economy at us unemployment falls and the aspect of china's tariffs play out on the consumer prices. “— china's tariffs play out on the consumer prices. —— world bank. we will see singapore elle is launched the longest commercial flight —— airlines. flight time will be 18 hours and 45 minutes. and rounding off the week, some trade week figures from china. i spoke earlier with michael mccarthy in sydney and asked for his take on the upcoming meetings in bali as the international lender

to singapore, for asia business report. it is deadline day for canada staying in nafta. we will take a look at what this will involve and what it says about potential talks about america's other large trading partner, china. and it may be the world's fastest growing major eicon me but narendra modi's administration will have a lot at sta ke administration will have a lot at stake is keeping india's growth this way. —— fastest growing major eicon me. it is friday, everybody. almost the weekend. i am sure everybody is looking forward to it. well, it is deadline day for canada to get on—board the north american free trade agreement. sign an agreement by friday or else. canada's negotiators currently in the united states rene race against the remaining sticking points in this landmark trade deal which dates back all the way to 1994. the us and mexico agreed to immune —— a new nafta deal earlier this month but 110w nafta deal earlier this month but now mist and trump is piling the pressure on canada saying they could go on, minus their neighbours to the north. what will the reso