hello and welcome to asia business report. i'm arunoday mukharji. the chief executives of eight global banks have testified under oath at an annual senate hearing. they made comments about the state of the us economy — with some bosses warning of recession and tough times ahead. they also all agreed that crypto currency should be regulated in the same way as banks are. but it was another issue that caused the biggest reaction — as erin delmore explains. regulators say the new rules are needed to make sure banks have sufficient resources to pay their debts in order to protect the system in a crisis.

but on capitol hill wednesday, eight us bank ceos said that's unnecessary and issued a warning that new regulations will hurt the economy and credit markets. the rule would have predictable and harmful outcomes to the economy, markets, business of all sizes and american households in ways that the federal reserve has not studied, contemplated or shared. the hearing is part of the senate banking committee's annual oversight of big banks and what a year it's been. regional bank failures, including silicon valley bank and signature bank, dominated the early part of the year. the ceo said wednesday that the industry is on steady footing and that large banks like theirs helped stabilize the industry after early 2020. the industry after early 2023's failures. the hearing is an opportunity to win favour on capitol hill, especially from moderate democratic senators. but the real audience is the regulators responsible for the final language and implementation of the rule. google has hailed another error

in artificial intelligence. gemini has advanced to reasoning capabilities and in its own words, think more carefully. it is an a grade two the existing ai chat bot according to google. facebook and instagram have become a breeding ground for child predators. raultorres breeding ground for child predators. raul torres said his office heads set up fake accounts that were set phallic pictures. meda says it's working hard to root out creditors. —— predators. it was heavily criticised half the time by the united states and other allies, amid fears that it could give china control of sensitive technologies and infrastructure. beijing sees the project as a new silk road,

building cooperation and transport links around the world, critics, though, say it's an attempt to build china's political and economic power. leaders from china and the european union are set to meet in beijing in the coming hours. they are expected to discuss a range of issues, including what the eu considers to be its "imbalanced" trade relationship with the world's second largest economy. let's speak to jens eskelund is the president of the european union chamber of commerce in china. we have had three or four years with basically no engagement face—to—face, and it's important that we begin to rebuild trust. the past ten weeks, we have commissioners coming to charter and now the second visit, where staying positive. we are perhaps not expecting too much,

your begin to articulate the biggest pain points here on that lopsided trade relationship, then china enormous capacity and of course russia's war on ukraine. you sa it's russia's war on ukraine. you say it's important _ russia's war on ukraine. you say it's important to - russia's war on ukraine. you say it's important to delete meeting, just a was, what has it been like for eu businesses in china, and has that environment changed in the last few months? we environment changed in the last few months?— few months? we did a poll of 1800 members _ few months? we did a poll of 1800 members back - few months? we did a poll of 1800 members back in - few months? we did a poll of 1800 members back in june, | few months? we did a poll of - 1800 members back in june, that 1800 members back injune, that it was the worst business confidence level that we had seen over the past decade or so. two thirds of our members indicated it had become harder to do business in china, and an equal number indicated they had been losing business opportunities because of red tape in china. but it's also fair to say we have seen there seems to be some changes of heart at the top level in august the release of the so—called 2a missions by the

state council, that i could go towards the concern of the business. and of coursejust towards the concern of the business. and of course just a week ago we saw the six nations, the five you countries for reentry up to 15 days to china. these are positive steps. i think sitting on the fence a little bit and are trying to figure out this is technically short—term or is it really an expression of a deeper change of sentiment. staying with china, we're set to know more about the state of trade between the manufacturing powerhouse and the rest of the world. import and export data is due out shortly. for more, let's speak to dan wang. she is the chief economist at hang seng bank china. the downgrade by moody's was quite disruptive on the day for the stock market in particular, but i didn't expected to have long—lasting impact on china's

economy because the main weakness for china right now is still in housing. and because of the local government debt and original banks are both in relatively big trouble. so we have seen various measures from central government trying to limit the scope of this trouble. but over time, we do anticipate more decline in china's housing market especially, residential housing market and that actually justifies the worries in this report. so what will happen to china, actually depends on the policy response from the central government in the years to come. when it comes to master sentiment, to come. when it comes to mastersentiment, it to come. when it comes to master sentiment, it has been quite pessimistic in the past few months. and i believe that china needs to do something new and something more drastic in order to boost market confidence.— order to boost market confidence. , ., ., confidence. this tree data numbers _ confidence. this tree data numbers come _ confidence. this tree data numbers come out - confidence. this tree data numbers come out in - confidence. this tree data numbers come out in a i confidence. this tree data i numbers come out in a short while from now. —— trade data. at the un climate talks in dubai

this week, delegates are addressing the responsibility that farming has on climate change. agriculture creates around a third of the world s greenhouse gas emissions. so what are the solutions? joshua thorpe has been finding out. onafarm on a farm in kent, southern england, an army of robots are picking the last of the seasons strawberries, making sure only the ripest and best shaped berries get plucked. once picked, the fruit is packaged and sent to supermarkets across the country. and sent to supermarkets across the country-— the country. the robot has two robot arms _ the country. the robot has two robot arms and _ the country. the robot has two robot arms and each _ the country. the robot has two robot arms and each arm - the country. the robot has two robot arms and each arm has l the country. the robot has two i robot arms and each arm has two cameras that see in colour. on each end, and those cameras find right berries. they allowed the robot very dexterous lead to pick those berries. when we picked each berry we transfer it to this inspection system which allows us to check quality and therefore place it into a planet or if it's defective in some way to discard it. the fruit picking _ some way to discard it. the fruit picking industry in the uk relies heavily on margaret

workers who are becoming harder and harder to recruit. irate workers who are becoming harder and harder to recruit.— and harder to recruit. we can reduce food _ and harder to recruit. we can reduce food waste _ and harder to recruit. we can reduce food waste by - reduce food waste by eliminating recruitment risk. eliminating footprints of large numbers of migrant and seasonal agricultural workers travelling increasingly long distances or farm — increasingly long distances or farms. , ., farms. these were about fruit ickers farms. these were about fruit pickers help _ farms. these were about fruit pickers help this _ farms. these were about fruit pickers help this farms - farms. these were about fruit pickers help this farms like i pickers help this farms like this one in southern england reduce wastage and cut emissions that arrive the word arise from food production. these robots are getting more and more sophisticated, they are able to detectjust the right level of redness in the front end and even small defects. and this isjust front end and even small defects. and this is just one example of how artificial intelligence is helping farming and agriculture become more efficient and more sustainable. over in california's central valley, a favourable climate is plenty of tomatoes, but in recent years unpredictable weather patterns like heat waves have caused massive changes. the morningstar

company, the largest main processor in the world, the us data analytics. the platform uses satellite imagery and artificial intelligence to help solve problems like wastage and over irrigation. irate solve problems like wastage and over irrigation.— over irrigation. we provide everything _ over irrigation. we provide everything to _ over irrigation. we provide everything to the - over irrigation. we provide everything to the burners l over irrigation. we provide l everything to the burners for the promise, that tells you all right, this is where you have a problem, this is what the problem, this is what the problem is all about and this is what you need to do about it in order to either save the crop or increase your yield down the line.— crop or increase your yield down the line. the challenge that remains _ down the line. the challenge that remains with _ down the line. the challenge that remains with the - down the line. the challenge that remains with the use . down the line. the challenge that remains with the use of| that remains with the use of artificial intelligence and our culture is one of scaling up. theyis culture is one of scaling up. they is still relatively scarce and robots are costly to produce. but with the growing need to reduce the environmental footprint of farming, ai innovation is rapidly gathering pace. and it's surely just a rapidly gathering pace. and it's surelyjust a matter of time until it starts to bear fruit onto a much wider scale. just thorpe, bbc news in southern england.

taylor swift has a stellar year by being named times person of the year. boat box office records and progrowth provoked an inquiry into ticketmaster sales practices. shejoins the ranks of greta thornburg and volodymyr zelensky. this is all we have on this edition of asia business report, you can find all her top stories on our website as well, thanks very much for watching but do stay on with bbc news. one of the most iconic buildings in britain, king's college chapel, has been turning heads and craning necks for almost 600 years. but 160 feet up above that scaffolding work started to see it through the next hundred, a year—long conservation of a leaky chapel roof.

now complete, the focus shifts from conservation to sustainability. we are putting on a38 panels, 219 on each of the slopes north of south slope. we will be complete by the end of december. so what does this all mean in real terms? well, powerwise, it means an anticipated 123,000 kilowatt hours per year. that reduces carbon emissions by more than 23 tonnes a year, the equivalent of planting over 1000 trees. we are responsible for this amazing, iconic building representing tradition. but you know what? the college is really about education. young people always looking into the future. and as we look into the future, we know we have to be serious about sustainability. and that's what we really wanted to do. and i think the energy of that came through. and i think we caught the moment. once complete, the panels won't change the view, a view that's equally stunning from below and above. for more stories from

across the uk, head to the bbc news website. hi. i'm ellis with the catchup tonight. ref body cams, another win for taylor swift and a teacher's pet. but first, boris johnson. the former pm has spent his day answering questions about decisions during covid, the inquiry looking into how the pandemic was handled. he said he should have twigged how serious the virus was sooner and shouldn't have shaken covid patients hands in march 2020, even living with seizures and severe pain, 21 —year—old zara corbett says she's begging for help as she copes with endometriosis, which affects one in ten women. so has been put into early menopause, one potential treatment

for her condition. there are specialist support centres for endometriosis in the uk, but none are in northern ireland where zara is from. we can't go on like this. life shouldn't be like this. and this might be in some other stories now. a trial of refs wearing body cams and adult grassroots footy will be doubled after they were used in around 500 matches and no instances of abuse were recorded and one for the swifties. taylor swift has been named time magazine's person of the year to cap off a stellar 2023. the star said she is the proudest and happiest she's ever felt. time now to leave you with 10 seconds of telly. the teacher's pet, this assistant labradoodle, helps a teacher in london who had a stroke. you're all caught up,

bye for now. hello and welcome to sportsday — i'm marc edwards. here's what's coming up on the show... losing his pep — aston villa leapfrog guardiola's struggling city

side with a superb win over the champions. england back on form to level the odi series against west indies. underfire, buttler and curran come up trumps. and — new balls please. but it's golf which will intoduce new rules to limit the distance a ball can be hit. we start with football, and just a day after predicting his team would win an unprecedented fourth premier league title, pep guardiola's manchester city have failed to win for a fourth league match in a row. losing 1—0 at aston villa. it's the first time in more than seven years the champions have hit a run like this. but in contrast to their three

draws on the bounce to chelsea,