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tv   Asia Business Report  BBC News  April 5, 2024 1:30am-1:46am BST

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we are looking at oversupply thatis we are looking at oversupply that is enormous. the prices of panels we are looking at oversupply that is enormous. the prices of panels drop we are looking at oversupply that is enormous. the prices of panels drop between we are looking at oversupply that is enormous. the prices of panels drop between 35% we are looking at oversupply that is enormous. the prices of panels drop between 35% and we are looking at oversupply that is enormous. the prices of panels drop between 35% and 50% in all european countries last year so obviously this is a
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challenge for everyone whose manufacturing or owning panels in warehouses, but for the consumer it is excellent news. no one has got as cheap european energy as consumers are getting this year. how many ofthe are getting this year. how many of the solar _ are getting this year. how many of the solar panels _ are getting this year. how many of the solar panels you - are getting this year. how many of the solar panels you sell- of the solar panels you sell and install come from china? i estimate that about 90% are manufactured by chinese owned companies and 75% are produced in mainland china. we companies and 7596 are produced in mainland china.— in mainland china. we have certainly — in mainland china. we have certainly seen _ in mainland china. we have certainly seen just - in mainland china. we have certainly seen just what - certainly seen just what happens when europe becomes dependent on energy sources from potentially hostile foreign powers. do you think this all needs to be de—risked? i think you want the ability to make your own panels, make your own batteries. i think that makes sense from a security perspective, both energy security and national security. the difference between solar panels and gas is if you are an exporter, the chinese in this regard, become your enemy, the
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panels will keep making energy for 30 years, whereas if your gas exporter becomes your energy it turns off immediately and you get cold immediately, so we have more response time with renewables than we do with fossil fuels, with renewables than we do with fossilfuels, but with renewables than we do with fossil fuels, but that doesn't mean we can go to zero. we absolutely need a local manufacturing value chain in europe. manufacturing value chain in euroe. , ., manufacturing value chain in euroe. , . , ., europe. operating profit rose 10% in the — europe. operating profit rose 10% in the first _ europe. operating profit rose 1096 in the first quarter - europe. operating profit rose 1096 in the first quarter for i europe. operating profit rose 1096 in the first quarter for a l 10% in the first quarter for a samsung electronics, they estimate, rebounding semiconductor prices lifted earnings from a low base a year ago, when there was a severe downturn in chip demand. now to india where central bankers are sad to announce their latest policy decision on friday. analysts say rates are expected to remain unchanged. we have more on what to expect and what are the factors likely to drive the banks decision.— are the factors likely to drive the banks decision. there are two major — the banks decision. there are two major factors _ the banks decision. there are two major factors that - the banks decision. there are two major factors that will. the banks decision. there are two major factors that will be i two major factors that will be on the mind of the officials of the reserve bank of india as
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they debate on monetary policy. economic growth as well as taming inflation. india grew at a very strong 8.4% in the fourth quarter of 2023. inflation too moderated to around 5% but still remains above the rbi's target of 4%. 0fficials above the rbi's target of 4%. officials will also be cautious. india is heading into an intense summer policymakers will also be hoping for a normal monsoon. they have been warnings of a heat wave, which could affect agricultural production, once again threatening prices. globally speaking all eyes will also be on crude oil prices, which, if they remain high, then they will also have to factor the impact of high energy costs on inflation. so considering all of these factors, rates are likely to remain unchanged, say experts. at an event earlier in the week, the prime minister had said the rbi must prioritise economic growth but at the same time ensure trust and stability. remember indian elections arejust two
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and stability. remember indian elections are just two weeks away so economic policy is also likely to have political ramifications.- likely to have political ramifications. former us president _ ramifications. former us president and _ ramifications. former us president and current - president and current republican presidential candidate donald trump is scheduled to be deposed later this month as part of a dispute over ownership of his social media company, the trump media and technology group, which went public last week. the deposition is scheduled for april 15, also the start of trump is my first criminal trial. ., , h trump is my first criminal trial. ., , �*, ., trump is my first criminal trial. ., , trial. trompe's media company may never— trial. trompe's media company may never be _ trial. trompe's media company may never be profitable - trial. trompe's media company may never be profitable but. trial. trompe's media company may never be profitable but its| may never be profitable but its shares are valued at billions of dollars, and that has involved fighting over who gets a piece of it. in february the co—founders of former president donald trump's media company filed a lawsuit in delaware claiming that mr trump and other leaders had scheme to deprive them of a stake in the company that potentially could be worth hundreds of millions of dollars. as part of that case, mrtrump of dollars. as part of that case, mr trump will be deposed by lawyers for andy lipinski and wes maas, two former contestants on donald trump's
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reality tv show, the apprentice. the date, it coincides with the start of the former president's first criminal trial in new york, however depositions often get rescheduled. this week, trump media filed his own lawsuit against his two co—founders, arguing mismanagement and saying they should be stripped of their shares. this is the latest legal twist, just days after trump media went public, enjoying a remarkable debut on the nasdaq exchange. shares traded at a high of $178 before plunging days later. i5 traded at a high of $178 before plunging days later.— plunging days later. is many extol the — plunging days later. is many extol the virtues _ plunging days later. is many extol the virtues of - plunging days later. is many extol the virtues of ai - plunging days later. is many extol the virtues of ai as - plunging days later. is many extol the virtues of ai as an | extol the virtues of ai as an innovative tool that will change the face of business as we know it, cyber criminals are also getting to grips with the new technology, creating avenue sophisticated threats to it systems. last year mckinsey calculated that damage from cyber attacks will amount to about $10.5 trillion annually by 2025. that is a 300%
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increase in 2015. my colleague sally bundock spoke to the ceo of a leading cyber security company and asked her how businesses can protect themselves.— businesses can protect themselves. we use our artificial _ themselves. we use our artificial intelligence - themselves. we use our artificial intelligence to l artificial intelligence to allow a business to learn their own unique, digital fingerprint, and by having that really good, intimate understanding of them and their organisation, they can then spot when things start to go awry, whether it is from a widespread known attack or a recent form of ransomware or a zero day that is yet to be discovered, oran zero day that is yet to be discovered, or an insider that has gone rogue and is doing something they shouldn't, whatever it is, by virtue of the fact it is not normal for your organisation, will help to identify it but then more importantly surgically interrupted and stop that attack in its tracks. find interrupted and stop that attack in its tracks. and how do ou attack in its tracks. and how do you make _ attack in its tracks. and how do you make sure _ attack in its tracks. and how do you make sure that - attack in its tracks. and how do you make sure that you l do you make sure that you yourselves as an organisation are always ahead in this game, because that's the key, isn't
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it? it because that's the key, isn't it? , ., , ., it? it is, and there is a constant _ it? it is, and there is a constant wave - it? it is, and there is a constant wave of - it? it is, and there is a - constant wave of innovation that happens from cyber attacks, and a course at the recent wave at the moment is how are they leveraging artificial intelligence to be able to gain access into business? but our approach has never been to try and predict or second—guess what that attack may be, and instead focus on us and our organisation, and how we may be uniquely vulnerable, and how we can take proactive steps today to harden ourselves against an attack as well as make sure we are well protected.— are well protected. before we i o, are well protected. before we no, i'm are well protected. before we go. l'm sure _ are well protected. before we go, i'm sure you've _ are well protected. before we go, i'm sure you've heard - are well protected. before we go, i'm sure you've heard of. go, i'm sure you've heard of the rock band kiss. they have sold their back catalogue of songs to a swedish music investor for a songs to a swedish music investorfor a figure songs to a swedish music investor for a figure thought woods of being upwards of $300 million. # i want to rock and roll all
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night... # i want to rock and roll all niuht... ,, # i want to rock and roll all night- - -_ # i want to rock and roll all niuht... ,, ., ., , night... stucco based hothouse entertainment _ night... stucco based hothouse entertainment also _ night... stucco based hothouse entertainment also brought - night... stucco based hothousei entertainment also brought the groups brand, likeness and intellectual property. it marks the band's retirement from my performances. but do not despair, the new owners of the band will be able to produce computer—generated images in the future. that is all from asia business report. see you soon.
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hi. i'm levi with the catch up. tonight, an update on gaza, airport liquid warnings, and an olympic diving fail. first, an
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0lympic diving fail. first, an update on gaza now, where no age tracks have entered northern gaza since an israeli strike killed seven aid workers on monday. israel says an investigation is under way, but will take weeks. pressure is now growing on the uk to stop weapons sales to israel. a number of charities have pause the operation since the strike, including project hope. it is an ngo that operates a number of health care centres in the region. b, of health care centres in the reuion. �* , ' . region. a very difficult decision. _ region. a very difficult decision. we - region. a very difficult decision. we are - region. a very difficult i decision. we are running region. a very difficult - decision. we are running two primary health and maternity health care clinics in gaza, and it was a decision made by our staff. we've got a team of 30 on the ground, doctors and nurses. they felt like they needed to stand in unison with their colleagues at world central kitchen.- their colleagues at world central kitchen. �* ., central kitchen. and some other stories now- _ central kitchen. and some other stories now. good _ central kitchen. and some other stories now. good news - central kitchen. and some other stories now. good news if- stories now. good news if you're travelling in london. the tube strikes starting next week have been called off. aslef members were meant to work out for 2h hours on monday 8th of april and saturday 11th of may. and if you're planning on going away soon, you will
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have to keep measuring the liquids in your hand luggage. some of the uk's major airports, including gatwick, heathrow and manchester are expected to miss the deadline for new rules to allow liquids over 100 millilitres. and time to leave you with ten seconds of diving. have a look at this diving fail. 26—year—old 0lympic diver alexis jan barta slipped and fell during a ceremony to open a new 0lympic centre in the north of paris. you are all caught up now. have a good night. hello and welcome to sportsday. i am tulsen tollett. punching their way to the top asjurgen kloppmet liverpool beat
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sheffield united 3—1 and returned to the summit. euro 2025 qualification starts on friday for england's women, as they begin their title defence. 0n the wta is taking its best players to a new home. the tour�*s finals tournament will be hosted by saudi arabia for the next three years. hello and thanks forjoining us, where we start with football, and the news that liverpool have returned to the top of the premier league, after a 3—1 win over bottom of the table sheffield united. after darwin nunez capitalised on a goalkeeping error and looked as though the host would cruise to victor at anfield, but a conor bradley own goal left the crowd on edge. then alexis mac allister�*s

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