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tv   Asia Business Report  BBC News  January 9, 2024 3:30am-3:46am GMT

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new questions emerge about the safety of boeing 737 max planes as a airlines conduct inspections following a mid—flight incident. plus, ces, the world's biggest knowledge the fair is just getting under way. we are on the ground in vegas to tell you all about the latest trends. welcome to asia business report with me, mariko oi. we begin this morning with boeing because its shares have fallen by more than 8% on wall street. as it continues to reckon with the fallout from a midflight incident. involving a 737 max two operated by alaska airlines. there are renewed questions about the safety of the plane and there's in order to grant dozens of aircrafts that remain in effect. the plane maker has now put out a statement promising to help airlines address any findings that result from the inspections. erin delmore has more from new york. after a panel blew off a boeing 737 max 9s jet operated by alaska airlines midflight on friday, the faa grounded more
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than 170 other max 9s. upon inspection, united airlines down problems with more doors, loose bolts on at least five panels in otherjets of that model, the news was reported by publication aircurrent. united stated in a statement that the company found instances that appear to relate to installation issues in the door plug for example, bolts that need tightening. the company also said that _ need tightening. the company also said that the _ need tightening. the company also said that the findings - also said that the findings will be checked by the team. shares fell 8% on monday in the incident return scrutiny to the company after the 2019 grounding of 737 maxjets. but united and alaska airlines of the two largest airlines and inspections could
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cancelled flights for days. let's stay in the united states and head to las vegas where the world's biggest technology fair, ces, is getting started. it's expected around 130,000 visitors and not surprisingly, the theme is around artificial intelligence. michelle fleury is there and she told me many of the products that will be unveiled are powered by ai. this year the word has been artificial intelligence and unsurprisingly it is once again the hot topic here in vegas. i think you will see it running through pretty much every single product you can imagine and it will be there. i was looking at a piece earlier today that was a commendation of a fitness tracker and a health coach powered by artificial intelligence. combing through the data collected to make sense of it for users. that is the more useful end of things but we will see people try to jam it into everything because generator of ai has been so transformative. definitely one of the things to look for in
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the question, really, certainly from the business immunity perspective is what does that mean going forward? what will it look like one decade from now, how much technology do we see here this week will be in existence in ten years time? and it is a great place to interview really hot tech entrepreneurs, isn't it? who do you hope to speak to without alerting the competition? fin alerting the competition? on the fun alerting the competition? (et the fun side of things you mention cars and for here carmakers here have shown their cars but increasingly those are becoming computers on wheels. and it is not so much autonomous stuff it will be a dialling back and a focus on electronic vehicle simply because that is where the consumer market is right now. that being said i am hoping to take a look at a flying taxi or a flying car. so we will see. they may not be something coming to the street anytime soon but it should be fun to have a look at.—
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have a look at. staying with tech because _ have a look at. staying with tech because apple - have a look at. staying with tech because apple has - have a look at. staying with - tech because apple has started to make payments to millions of people as part of a long—running lawsuit over whether the company deliberately slowed down the speed of some iphones in america. each claimant will receive around $90 us as part of a share of the almost $500 million settlement stop a similar case is now under way in the united kingdom and they seek more than £1.5 billion in compensation. the requirement has more. nearly one decade ago the iphone 6 and seven launched to great fanfare stop but in 2017 apple confirmed that a software update need some older models work more slowly. the firm said it was to prolong the life of the buttery age but it did not tell customers. the group of people affected by the slowdown took legal action in the united states and today apple has settled the case. they will pay out half $1 billion, around £70 per claimant. it is small change to the world's richest tech firm and it does not admit
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liability. there is a similar class action going on in the united kingdom but progress is slow. it united kingdom but progress is slow. , . , , slow. it is all grist my mill. it does not _ slow. it is all grist my mill. it does not help _ slow. it is all grist my mill. it does not help in - slow. it is all grist my mill. it does not help in terms i slow. it is all grist my mill. i it does not help in terms of moving my case forward dramatically. i am very pleased for the consumers in the united states who are now able to make a claim. ., ., , ., , a claim. how does it feel to be takin: a claim. how does it feel to be taking on _ a claim. how does it feel to be taking on a _ a claim. how does it feel to be taking on a big _ a claim. how does it feel to be taking on a big beast - a claim. how does it feel to be taking on a big beast like - taking on a big beast like apple? it taking on a big beast like a- le? , taking on a big beast like a. le? , ., ., apple? it is daunting in that resect apple? it is daunting in that respect but _ apple? it is daunting in that respect but the _ apple? it is daunting in that respect but the case - apple? it is daunting in that respect but the case is - apple? it is daunting in that respect but the case is a - apple? it is daunting in that l respect but the case is a good case and there are so many million people involved that i am enthusiastic about this. you have to be, otherwise you would never start. have to be, otherwise you would never start-— never start. here in the united kinudom never start. here in the united kingdom consumers _ never start. here in the united kingdom consumers will- never start. here in the united kingdom consumers will have l never start. here in the united | kingdom consumers will have to wait to see if they get a similar pay—out. all batteries lose power over time and apple says the iphone battery is good for 500 charges, going from zero to 100%. the 50% charge is half a cycle. there are power saving tips like dimming the
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screen and limiting app functions but ultimately our stronger boundaries is a challenge for firms. apple said it had no statement for us. previously it said it would never intentionally shorten the life of its products. meanwhile here in asia the south korean tech giant samsung electronics says it is operating profit in the fourth quarter is estimated to have fallen by more than one third tojust over $2 to have fallen by more than one third to just over $2 billion. the duck projections are much worse than what analysts expected and that comes a court amid weak bible demand for consumer electronics. it will be a busy election year in many parts of asia. taiwan's polling day comes on saturday and next month indonesia, followed by india in april. let's hearfrom our reporters in taipei, jakarta and mumbai. this presidential _ jakarta and mumbai. this presidential election - jakarta and mumbai. this presidential election in i jakarta and mumbai. ti 3 presidential election in taiwan is being fought over one issue
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and that is what sort of relationship taiwan should have with china. notjust but economically. so the opposition, kmt, their candidate says that taiwan needs much better relations with china and they only party to achieve that. 0ver with china and they only party to achieve that. over the last two three years taiwan's exports to china have fallen by more than one quarter and there has been a massive drag on the economy here. kmt says that we can rebuild relations with beijing and exports will grow and that will help to boost economic development and growth here but also wages and job prospects for younger taiwanese people. the ruling democratic progressive party, which has been empowered here for the last eight years, says the opposite. it says overdependence on the chinese economy is the problem because that allows beijing to use that dependence as a weapon to put pressure on taiwan. and that is what beijing has been doing, they say, over the last two
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years, sanctioning different taiwanese companies and business people. they want to see taiwanese companies diversify to other places, southeast asia and new markets in india and africa. the southeast asia and new markets in india and africa.— in india and africa. the race ofthe in india and africa. the race of the largest _ in india and africa. the race of the largest economy - in india and africa. the race of the largest economy in l of the largest economy in southeast asia currently sits at 53% _ southeast asia currently sits at 5.3% and those between the ages— at 5.3% and those between the ages of— at 5.3% and those between the ages of 15_ at 5.3% and those between the ages of 15 and 24 make up ages of15 and 24 make up nearly— ages of 15 and 24 make up nearly 150 of those unemployed. in a country of over 275 million _ in a country of over 275 million people, that is millions of young people struggling to find a job. all three — struggling to find a job. all three presidential candidates promised to create newjobs if you let — promised to create newjobs if you let it _ promised to create newjobs if you let it. each in a different wav — you let it. each in a different way. prabowo subianto says boosting _ way. prabowo subianto says boosting small and medium enterprises, which contribute 61% of — enterprises, which contribute 61% of the country's gdp will create — 61% of the country's gdp will create 19 _ 61% of the country's gdp will create 19 millionjobs. meanwhile, the next hopeful focuses _ meanwhile, the next hopeful focuses on providing funds to young — focuses on providing funds to young people to start a business. and lastly the third
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save— business. and lastly the third says he — business. and lastly the third says he will allocate a large sum — says he will allocate a large sum of _ says he will allocate a large sum of the state budget for small— sum of the state budget for small enterprises. in india, the — small enterprises. in india, the prime minister modi finds himself— the prime minister modi finds himself in a sweet spot as we io himself in a sweet spot as we go into— himself in a sweet spot as we go into an _ himself in a sweet spot as we go into an election year. the stock— go into an election year. the stock market has been soaring to new — stock market has been soaring to new hires. india's gdp is galloping ahead of most other major— galloping ahead of most other major economies in the world and inflation has begun to head down _ and inflation has begun to head down and — and inflation has begun to head down and interest rates are expected to also drop in the next — expected to also drop in the next few— expected to also drop in the next few months. but there are persistent— next few months. but there are persistent concerns that remain for things— persistent concerns that remain for things like unemployment and the — for things like unemployment and the fact that welfare spending and spending on things such as — spending and spending on things such as education and healthcare by the government has not — healthcare by the government has not really pays. 0n the whole. _ has not really pays. 0n the whole, however, the incumbent party— whole, however, the incumbent party is — whole, however, the incumbent party is expected to be in a much — party is expected to be in a much better position than a fragmented opposition. and before we — fragmented opposition. and before we go, _ fragmented opposition. and before we go, one - fragmented opposition. fific before we go, one of the fragmented opposition. fific before we go, one of the most iconic partnerships in the world of sport is coming to an end. the 15 time major champion tiger woods has parted ways with nikkei. he announced the
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move in a social media post. he had been a brand ambassadorfor nikkei since 1996 when, as a 20—year—old he signed a five year $40 million contract. it was the beginning of one of the most lucrative endorsement deals in sport history. nikkei also confirmed the ending of the partnership with its own social media post showing him flashing his trademark fist pump along with the words, it was a hell of a round, tiger. that is it for this edition of the programme. donors again tomorrow if you can. thank you forjoining us on asia business report. ——join forjoining us on asia business report. —— join us again tomorrow if you can. bringing you different stories from across the uk. we are currently inside the community centre where we do a large majority of our classes and we have been here for a few years now. in an effort to have a
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traction i have agreed to box 25 rounds against 25 different people. i've had to say to everyone have you ever hit someone before? so have a go, make it entertaining. we offer boxing training classes but without kids we incorporate a lot of social training and a lot of social training and a lot of social training and a lot of education as well so a large proportion of kids are autistic or adhd. and we incorporate those elements into the sessions.— the sessions. i've been in training — the sessions. i've been in training for— the sessions. i've been in training for a _ the sessions. i've been in training for a year- the sessions. i've been in training for a year and - the sessions. i've been in training for a year and it i the sessions. i've been in | training for a year and it is so good for fitness and mental health and confidence. i so good for fitness and mental health and confidence.- health and confidence. i was absolutely — health and confidence. i was absolutely terrified - health and confidence. i was absolutely terrified and - health and confidence. i was absolutely terrified and it. absolutely terrified and it makes _ absolutely terrified and it makes you so it is when you turn — makes you so it is when you turn un _ makes you so it is when you turn up. they are a good bunch, friendly— turn up. they are a good bunch, friendly and _ turn up. they are a good bunch, friendly and it is incredible. originally i went because i wanted _ originally i went because i wanted to— originally i went because i wanted to lose _ originally i went because i wanted to lose weight. - originally i went because i. wanted to lose weight. team sports — wanted to lose weight. team sports were _ wanted to lose weight. team sports were off _ wanted to lose weight. team sports were off for _ wanted to lose weight. team sports were off for me - wanted to lose weight. team sports were off for me and l sports were off for me and someone _ sports were off for me and someone with— sports were off for me and someone with tunnel- sports were off for me andi someone with tunnel vision sports were off for me and . someone with tunnel vision i found — someone with tunnel vision i found something _ someone with tunnel vision i found something i— someone with tunnel vision i found something i was - someone with tunnel vision i found something i was able i someone with tunnel vision i. found something i was able to obsess —
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found something i was able to obsess over~ _ found something i was able to obsess over. we _ found something i was able to obsess over. we did _ found something i was able to obsess over. we did not- found something i was able to obsess over. we did not rely. found something i was able to. obsess over. we did not rely on my ability— obsess over. we did not rely on my ability to _ obsess over. we did not rely on my ability to communicate, - obsess over. we did not rely on my ability to communicate, it . my ability to communicate, it did not— my ability to communicate, it did not rety— my ability to communicate, it did not rely on _ my ability to communicate, it did not rely on a _ my ability to communicate, it did not rely on a teacher- did not rely on a teacher making _ did not rely on a teacher making contact- did not rely on a teacher making contact or- did not rely on a teacher. making contact or anything did not rely on a teacher- making contact or anything like that _ welcome to the catch up. tonight, apple phones go slow, the golden globes, and wake boarding in the floods. 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. he told the bbc a planned change to the law which was introduced needs to be fast—tracked. i'm a parent and i really think our country is a boiling point, we sensitive to this topic, we all feel the pain when we see it on the news but there's very little done and that reverberates into actual action. the government said it remains
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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 has got loads more people interested in the scandal but hundreds of local post office managers gaining criminal convictions because of faulty software. today, the pm said he will do everything he can to make it 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, oppenheimer was the big winner, taking home five awards. tv drama succession won big on the small screen. time now for a ten—seconds of wake boarding, this man in berkshire wakeboarded through floodwater after recent heavy rainfall caused river levels to rise in his area. you're all caught up,
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bye for now. hello and welcome to sportsday. i'm jane dougall. two legends of the
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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 has died at the age of 74. in the fa cup on monday, relief for erik ten hag as manchester united defeat wigan to go through 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 o'sullivan.
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hello and welcome to the programme.

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