in china, as it grapples with an ageing population. we'll have more from the imf�*s asia pacific boss ahead. hello and welcome to asia business report. i'm steve lai. before we get all the business news to tell you about the day, you are seeing colombia university. it is where police are now on campus trying to disperse pro—palestinian protesters. nypd officers have entered the university, where students protesting israel's war in gaza have occipied hamilton hall. moments ago police and that the hall. the police department acted after receiving a letter from the administration authorising them to go into the campus.

we'll have more on this developing story right here on bbc news. images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. the campus is in upper manhattan which has been a focal point of student protests that have spread to dozens of universities and schools across the us, expressing opposition to israel's war in gaza. police are, quote, clearing it out, as they marched to the barricaded entrance to the building and police action comes hours after new york mayor eric adams and the nypd held a joint press conference where they blamed professional outside agitators escalating the situation and said that it was in public safety issue, that was what

they said. let's move on and will bring the story later on our programmes here on bbc news. back to business news. binance founder changpeng zhao was sentenced to four months in prison after pleading guilty to money laundering charges last november. the bbc�*s north america business correspondent michelle fleury has all the details. sam bankman—fried isn't the only poster boy for crypto wrongdoing facing a legal reckoning. his rivalformer ceo of binance changpeng zhao was ordered to spend four months in prison forfailures ordered to spend four months in prison for failures allowed cyber criminals and terrorists groups to trade on the world's largest crypto exchange. he pleaded guilty to one count of violating the bank secrecy act in november, and resulting in a multi—year investigation by the us government into the world's largest cryptocurrency exchange binance.

as part of the agreement, he stepped down as ceo and apologised to the court in seattle saying his company had now put in place anti—money laundering controls and was watched by his mother and sister who were in court as he learned his fate. the sentence was considerably shorter than the three years prosecutors were demanding and less than 12 to 18 months recommended under federal guidelines. once considered the most powerful person in the crypto industry, cz the second major crypto boss to be sentenced to prison. in march, sam bankman—fried received 25 years behind bars for stealing $1 billion from customers from his now bankrupt ftx exchange. but unlike ftx, binance is still the biggest cryptocurrency exchange in the world and cz has his own eyes on the future. recently announcing plans to launch a new non—profit education platform, giggle academy.

colombia university, as you see from preachersjust colombia university, as you see from preachers just outside police have barricaded the area and restricted some price from getting close to the events —— press. we know that hamilton hall, part of colombia university that's been occupied by students who are protesting israel's defensive in gaza have been camping there overnight and police have been informed or have been taking action to get them out of hamilton hall and another police buster, nypd is in the arrive of the street and up to assist with activities stop lots of press and media coverage of the event and media coverage of the event and we will bring you more of it in the hours ahead right here on bbc news. let's get you “p here on bbc news. let's get you up to speed on more business news. it is the first of may today and many markets in asia are closed today for labour day, which marks the progress made on rights of workers. however, labour challenges will weigh on some parts of asia.

the international monetary fund is forecasting slower growth in china, and that's mainly due to an ageing population there. let's hear more from krishna srinivasan, the director of the fund overseeing the asia pacific region. if you look at china, the population is declining and this is a serious challenge and that accounts for why the groups are forecasting 3.5% and remove, move the other way, india's population is much younger you have significant contribution into the labourforce in india, and in china to be coming to grips with the ageing population. i want thoughts from what it's been going on and how it is seeking to fix its economic challenges.

we're emphasising the fact that demand is pretty weak and partly linked to what is happening in the property sector. the government have taken several measures to address but confidence hasn't comeback. we've been advocating putting in place three policies to address it in a straightforward way, the property market and three policies and one is to finish prebeta housing and the second is to go to the viable and nonviable developers and allow prices to adjust. beyond that, it's the fact that it needs rebalancing the economy and more for consumption we have talked about the government putting in place policies and measures

to improve the social safety net and allow prices to come down, it will allow them to have more consumption. people are watching this quite closely and that people are watching this quite closely and that is the fed and what they plan to do with interest rates going forward but what impact was stronger have on the economies? you can see it and the coin has moved and there are options for the currency and one issue emphasised is central banks should look past these and focus more on domestic inflation pressures, rather than linking the policy decisions with what the fed does, look at domestic inflation. tailor your policies accordingly.- tailor your policies accordingly. tailor your policies accordinul . , ., ., tailor your policies accordinal. ., ., accordingly. there is a lot of commotion _ accordingly. there is a lot of commotion in _ accordingly. there is a lot of commotion in new - accordingly. there is a lot of commotion in new york - accordingly. there is a lot of commotion in new york at l commotion in new york at columbia university so let's get you there to get you up to speed with what's been happening. you see a lot of the police have gathered, a crowd has gathered as well as you see on the left of the screen. you might be able to see towards the top right or back right

corner that police written on a vehicle, that a ladder that has been used by police to get into the building on the second level of there, the hamilton hall where students have been held up. police have been trying to disburse pro—palestinian protesters, the nypd officers as we know but did notjust the university but that all that you see on your screen where students protesting israel's war in gaza have occupied hamilton hall. the department acted after receiving a letter from the administration authorising them to go in to the campus and this is a story we are following here on bbc news. we can see a lot of police standing around with their helmets and gear, ready to see what happens if students are brought out from the hall. the images we saw earlier, we saw police entering the campus in upper manhattan which has been a focal point of student protests that have spread across dozens of universities across the united

states, expressing opposition to israel's war in gaza. we can also tell you that we will be covering this story in the hours to come here on bbc news as we will be looking to see what develops there. let's get you up to speed with other nurses. in other news, china has implemented a revised version of its state secrets law. it will now require internet companies like tencent and weibo to delete leaked information that are deemed to pose a threat to national security. those companies will now need to monitor what their users share, and cooperate with any government investigations led by the state secrets department. elsewhere, the european commission has opened a formal investigation into meta over concerns its platforms, facebook and instagram, are failing to counter disinformation online, ahead of eu elections injune. among the commission's concerns is meta's oversight of its advertising tools, and whether they had been

exploited by quote "malicious actors." meta responded in a statement, saying the company has a well established process for identifying and mitigating risks on their platforms. before we go — the daily and sunday telegraph newspapers are back up for sale after an abu dhabi—backed bid back to colombia university in new york where police are making moves into the university to try and get students out of hamilton hall where they are protesting against israel's actions in gaza. you may be able to see, we just saw someone with her hands behind, looks like the police have managed to get hold of some protesters and have brought them out of the building. we will have more understory in the hours ahead right here on bbc news

hey, i'm zof with the catch up. tonight:

protesting continues in the us. a different type of game for haaland. and taylor swift classes. our top story: a 14—year—old boy has been killed and four people have been stabbed in a sword attack in northeast london. the other victims are in hospital but are not thought to have life—threatening injuries. a man has been arrested. police have called it a horrific incident but said it wasn't a targeted attack. next, pro—palestinian protests are continuing at university campuses across the us. demonstrators at columbia uni in new york ramped up their protest by taking over hamilton hall early on tuesday, barricading themselves inside the building. protesters across the country have called for universities to boycott companies and individuals with ties to israel during the war in gaza. some other stories now. one of the world's most popular phone games, clash of clans, has shared a new surprise character. an animated erling haaland will become the barbarian king in the game.

the man city star said he is a long—time fan. i think they got the hair just right, actually. and parents of taylor swift fans who can't tell their bad blood from their blank space are going to be offered help for a class on the pop star. glasgow clyde college said the one—off event will cover taylor songs, her wardrobe and crowd chants at her gigs. time now to leave you with ten seconds of king charles as he's returned to public duties with a visit to a cancer centre in london — his first public engagement since he was diagnosed with the disease in february. and you're all caught up now. see you later. hello and welcome to sportsday.

i'm gavin ramjaun. a thriller between two heavyweights of the champions league as the semi between bayern munich and real madrid finishes honours even. the defending champion survives a scare to reach the madrid open quarter—finals. ronnie o'sullivan comes from behind to draw level with stuart bingham at the world snooker championship. and water sportsjoin together to call for rivers, lakes and coasts to be cleaned up in the uk. hello there, and welcome along to the programme. bayern munich against real madrid — with the stellar talent on show, promised so much, and their champions league semi—final duly delivered. two of england's big names in harry kane and jude bellingham

were facing up on opposite sides, with kane proving the catalyst,