under way, and we're on the ground in vegas to tell you all about the latest trends. hello and welcome to asia business report. i'm mariko oi. we begin with boeing because its shares have plunged by more than 8%. as the aviation giant continues to reckon with the fallout from a mid—flight incident involving a 737 max nine operated by alaska airlines. that's renewed questions emerge about the safety of the plane and an order to ground dozens of aircraft remains in effect. the playmaker has put out a statement to help with any inspections.

our business correspondent erin delmore reports from new york. after a panel blew off a boeing 737 max ninejet operated by alaska airlines mid—flight on friday, the faa grounded more than 170 other max mines. upon inspection, united airlines found problems with more doors, loose bolts on at least five panels in otherjets of that model. the news was reported by the industry publication air current. united said in a statement that the company, quote, "found instances that appear to relate to installation issues in the door plug, for example, bolts that needed additional tightening". that's since saturday when preliminary inspections began. the company also said that these findings will be remedied by our tech ops team to safely return the aircraft to service. boeing shares fell 8% on monday and the incident returned scrutiny to the company after the 2019 grounding of 737 max jets. united and alaska airlines are the two largest operators of the model that's been grounded. inspections could result in canceled flights for days. let's head to las vegas now where the world's largest technology fair —

ces — is just getting started it is expected to welcome around 130,000 visitors. not surprisingly, the theme is around artificial intelligence — as well as facial recognition let's bring in my colleague michelle fleury, joining us from las vegas. she told me many of the products will be powered by ai. products will be powered by al. the buzzword this past year has been ai, and it is once again the topic. you will see it running through every product you can imagine in, it will be there. i was looking at one piece of product it's a ring that's a combination of a fitness tracker but also a health coach, all powered by artificial intelligence, coming through the data collected to make the root sense of it. that is on the more useful end of things, if you like, but we would see people jam it into everything because generated ai

has been so transformative. it's one thing to look for and the question, certainly from the question, certainly from the business community perspective, is what does it mean going forward? what would it look by in a decade from now, how much of the technology we see here this week will be in existence ten years from now. . ., , , in existence ten years from now. , , ., in existence ten years from now. , h, ., now. of course, is a great lace now. of course, is a great place to — now. of course, is a great place to interview - now. of course, is a great place to interview some . now. of course, is a great i place to interview some hot tech entrepreneurs, isn't it? who are you hoping to speak to it without alerting the competition?- it without alerting the competition? it without alerting the com etition? , competition? on the fund side of things. _ competition? on the fund side of things. you _ competition? on the fund side of things, you mention - competition? on the fund side of things, you mention cars, l of things, you mention cars, this is a place where for years and years car—makers came to show their wares and new cars, computers on wheels. i don't think we will see much more autonomous stuff, it will be ways of dialing back and focusing on electronic vehicles because that is where the consumer market is right now, but that being said, i am hoping to take a look at the flying taxi or flying hoping to take a look at the flying taxi orflying car, so we will see. it may not be coming to the streets anytime soon but it should be have ——

funds have a look at. soon but it should be have -- funds have a look at. michelle, will have lots _ funds have a look at. michelle, will have lots more _ funds have a look at. michelle, will have lots more to - funds have a look at. michelle, will have lots more to look - funds have a look at. michelle, will have lots more to look at l will have lots more to look at from las vegas over the next few days. staying with tech.. the south korean giant samsung electronics estimates its operating profit in the fourth quarter fell 35% tojust over $2—billion. the company is due to release detailed earnings onjan. global shipping companies have diverted their vessels away from the red sea once again, after attacks on ships by iran—backed houthi rebels. danish shipping giant maersk said last week that its ships will take a much longer route around the cape of good hope in south africa "for the foreseeable future". the re—routing has raised concerns about delays, shipping costs and the wider impact on supply chains. let's bring on ralph 0ssa, the world trade organization's chief economist.

the situation on the red sea is challenging and presents a challenge for normal thrige, about 12% of all thrige —— trade channeled through the suez canal, one third of container shipments from asia to europe go through the canal, so if we have problems in the red sea that we will have problems and issues with world trade if vessels need to be diverted. trade if vessels need to be diverted-— trade if vessels need to be diverted. ~ , , diverted. the wto is expert in a three point— diverted. the wto is expert in a three point 396 _ diverted. the wto is expert in a three point 396 growth - diverted. the wto is expert in a three point 396 growth in - a three point 3% growth in global trade this year, but if the situation continues in the red sea, could that figure be affected? w , red sea, could that figure be affected? , ., , affected? exactly, the forecast for 2024 has _ affected? exactly, the forecast for 2024 has a _ affected? exactly, the forecast for 2024 has a growth - affected? exactly, the forecast for 2024 has a growth rate - affected? exactly, the forecast for 2024 has a growth rate of. for 2024 has a growth rate of volume of merchandise were 3.2%, up from volume of merchandise were 3.2%, upfrom point volume of merchandise were 3.2%, up from point 8% this year, so we expect nature to be better than this year, so i'm hoping the suez canal issues

were not affected significantly but i looking at recent numbers that coming from european economies, european economies are not doing well. also, the tensions in the middle east have an effect as well on international trade so i won't be surprised if we have to do revised our numbers and ask forecast but i think big picture, this year would be better than last year, i think thatis better than last year, i think that is going to happen. i guess another economy that it has not been as well as economists expected was trying out last year, so where does china fit for this year was to mark your right that china did not recover from the pandemic quite as quickly and forcefully as we expected, but at the same time china is doing much better than some of the gloomy media coverage i suggested. the than some of the gloomy media coverage i suggested.— coverage i suggested. the imf

u dated coverage i suggested. the imf updated his — coverage i suggested. the imf updated his forecast _ coverage i suggested. the imf updated his forecast for - coverage i suggested. the imf updated his forecast for the i updated his forecast for the gdp for china to 5.4% in 2023 to a better number 2024, so i believe china will be a good driver for international trade in the next year. and it is going to be a busy election year, in many parts of asia. we have taiwan's polling day on saturday. next month — indonesia and around april — india. let's hear from our reporters in taipei, jakarta and mumbai. this presidential election in taiwan is really being fought over one issue, and that is what sort of relationship taiwan should have with china, not just politically but economically. so the opposition, guomindang or kmt or their candidate says taiwan needs much better relations with china and they are the party to achieve that over the last two or three years. taiwan's exports to china have fallen by more than a quarter, and that's been a massive drag on the economy here. the kmt says we can rebuild relations with beijing,

and in that way, exports will start to grow again. and that will help to boost economic development here, economic growth, but also wages and job prospects for younger taiwanese people. the ruling dpj, or democratic progressive party, which has the ruling dpp, or democratic progressive party, which has been in power here for the last eight years, says exactly the opposite. it says it's overdependence on china's economy that is the problem, because that allows beijing to use that dependence as a weapon to put pressure on taiwan. and that's exactly what beijing has been doing, they say, over the last two years, sanctioning different taiwanese companies and businesspeople. they want to see taiwan companies diversify to other places, to southeast asia and to new markets in india and africa. the unemployment rate of southeast asia's largest economy currently sits at 5.3%, and those between the ages of 15—24 make up nearly a fifth of those unemployed in a country of over 275 million people.

that's millions of young people struggling to find jobs. all three presidential candidates promised to create newjobs if elected, each in a different way. candidate prabowo subianto says boosting small and medium enterprises, which contribute 61% to the country's gdp, will create 19 million jobs. meanwhile, presidential hopeful anis baisden is focusing on providing funds to young people to start businesses. and lastly, ganga panelo says he would allocate a large sum of state budget for small enterprises. in india, prime minister narendra modi finds himself in a sweet spot as we go into an election year. the stock market right there behind me has been soaring to new highs. india's gdp's galloping ahead of most other major economies in the world. inflation has begun to inch down and interest rates are expected to also start

coming down in the next few months. but there are persistent concerns that remain on things like unemployment or the fact that welfare spending, or spending on things such as education and health care by the government hasn't really kept pace. 0n the whole, though, the incumbent bjp is expected to be in a much better position than a fragmented opposition. steve a nd steve and rt marion taiwan and bringing the latest on the taiwan election, but for now thanks for watching asian business report, i would be back shortly. bbc news, bringing you different stories from across the uk at home with the rileys. i've just told you. i've just told you so. you don't mess with my tray. a new scheme is providing tonight's meal. the nursery sent bags

of food home with the children on a friday. so then we can make up a meal with the kids and they'll help prepare the food. it gets us all together as a family cooking. the local authority is advising participants to use an artificial intelligence app. paul enters the ingredients to receive a recipe suggestion. the scheme uses ingredients from this warehouse in newcastle. we've got a huge variety of food from ambient, chilled and frozen foods. we never know what we're going to get. much of it would go to landfill sites, so by us rescuing it we can then sort it out and redistribute it from warehouse to nursery to here. from warehouse to nursery to here. nice to give us some ideas of different things to cook and things to get the kids involved and just new ideas for new recipes as well. and the apps great in that if you've just got lots of random things in your house, you don't know what to make. put it all into the app and it gives us some great ideas.

ffood that would have gone to waste is being put to good use. for more stories from across the uk, head to the bbc news website. tonight, apple phones go slow, the golden globes and wakeboarding in france. but first, idris elba says the government needs to immediately ban the sale of so—called zombie knives and machetes to reduce the number of young people losing their lives. introduced, needs to be fast tracked. i'm a parentand i, i really think that all country is a boiling point. we're sensitive to this topic. we all feel the pain when we see it on the news, but there's very little done that reverberates

into actual actions. the government said it remains committed to further intervention measures, but it's not clear when the new law will come into force. if you've been affected by knife crime, visit bbc action line. some other stories now. an itv drama last week has got loads more people interested e scandal, that led to hundreds of local post office managers getting criminal convictions because of faulty software. today the pm has said he'll do everything he can to make this right. next. apple has begun making payments over claims it deliberately slowed down certain iphones in the us. it comes after a court case resulted in a $500 million settlement. and at the golden globes on sunday, 0ppenheimer was the big winner, taking home five awards. tv drama succession also won big on the small screen. time now for ten seconds and wakeboarding. this man in berkshire wakeboarding through flood water after recent heavy rainfall caused river levels to rise in his area.

you're all caught up bye for now. hello and welcome to sportsday — i'mjane dougall. two legends of the sporting

world pass away football icon franz beckenbauer — one of only three men to win the world cup as a player and a manager — has died at the age of 78. and rugby giantjpr williams has also passed away. the revered full back won three grand slam titles with his beloved wales, he's died at the age of 74. in the fa cup on monday, relief for eric ten hag as manchester united defeat wigan to go through to the fourth round, following a controvertial bruno fernandez penalty. to the fourth round, following a controversial bruno fernandez penalty. and an historic moment at the snooker with only a fourth ever 147 at the masters, but it wasn't enough for ding to defeat 0'sullivan.