at his final press conference as president, mr obama said vladimir putin had created an "adversarial" relationship between the two countries reminiscent of the cold war. a court in south korea has refused a request by prosecutors to arrest the boss of samsung. it ruled that there was insufficient reason to formally detain jay y lee. and this video is trending on bbc.coom — the first freight rail service from china to britain has arrived. it took more than two weeks for the containers to make the 12,000 kilometre trip. the train takes about half the time of a sea journey. that's all from me now. stay with bbc world news. and the top story here in the uk — two investment banks have confirmed they will transfer jobs from london to mainland europe. hsbc and ubs said it was a response to theresa may's plans for britain to leave the eu single market. now on bbc news all the latest

business news live from singapore. as us president—elect donald trump prepares to take the helm we find out what businesses in asia are expecting. from the air to do some fun empire is granted a —— the edge of the samsung empire is granted a reprieve for his role in the countries of scandal. good morning and welcome to asia business report live from singapore. withjust and welcome to asia business report live from singapore. with just two days left until donald trump is sworn in as the 45th president of the united states and dad deeply divisive figure means that many are now looking at his cabinet picks resident bodies policies will be.

earlier a billionaire investor said their top priority is to re— negotiate another the trade deal with canada and mexico. the president—elect has made no secret in his public remarks, nor have i in earlier remarks during the campaign that nafta is logically the first thing for us to deal with. we are to solidify relationships in the best way we can in our solidify relationships in the best way we can in oui’ own solidify relationships in the best way we can in our own territorian or four we go off to other jurisdictions. so i think that should be, and hopefully will be if iam should be, and hopefully will be if i am confirmed, a very early topic in this administration. that for many business leaders that a presidency heralds a new era of uncertainty. and despite him being the author of the art of the deal

many believe that the global mergers may be harder to come by. earlier i spoke to a representative of price waterhouse cooper. we have a few yea rs of waterhouse cooper. we have a few years of very good singing, liquidity in the market and political in a comic —— economic certainty. now we are seeing some political change. brexit and indeed as we go into a new president period there is a degree of uncertainty. having said that, the trump policy as stated so far appear to be friendly to deals. the regulation, tax reduction and stimulus and investment in energy and infrastructure and other areas. but in speaking to investors that we expect there to be hesitancy and pause. i think there is a great belief, and we have that as well, it in the us. it will be a pause rather than an impact and we will see a big

return to buoyancy and investment levels. we have heard from some businesses voicing concerns but could this be an opportunity for some asian countries? no doubt. certainly by reference to investment in areas where we expect stimulus from the uk or the us economy. and thenif from the uk or the us economy. and then if you look to where the money may flow, this is where the investment in asia will come through. in india, japan, singapore, over the last six weeks you feel a audience in terms of opportunity there. for different reasons— stable politics in india, an aggressive look at portfolios in japan politics in india, an aggressive look at portfolios injapan and an opportunity for private equity across the region to get more involved. we think we will see an u pta ke involved. we think we will see an uptake in investment across the asian region, probably with one caution— outbound investment from china may slow but otherwise it is very positive about the asian market. staying with the united states janet yellin says that the us

economy is healthy enough for the central bank to raise its benchmark interest rates a quote, a few times a year through 2019. during a speech on wednesday she said the exact timing of interest rate hikes will depend on how the economy is doing. she said that policymakers are getting closer to their goals of full employment and stable inflation. the head of the international monetary fund said that despite the uk economy doing better than expected after last yea r‘s better than expected after last year's decision to leave the european union it will still suffer from the split. her comments come after the prime minister theresa may laid out her negotiating terms with the eu. in her comments, the imf said that any deal with the eu will not be as good as membership. when you belong to a club, whatever that clu b you belong to a club, whatever that club is beat sport or intellectual 01’ club is beat sport or intellectual or whatever, the members of the club have a degree of affinity and terms

under which they operate. somebody outside the club, sport or intellectual or whatever, have different access. meanwhile the foreign secretary borisjenson is warning the european union not to punish britain for its decision to leave the economic bloc. he made the controversial comment while on a trip to india. if mr alarmed that wa nts to trip to india. if mr alarmed that wants to issue punishment beatings to anyone who chooses to escape in the manner of some world war two movie is and i think, i do not think thatis movie is and i think, i do not think that is the way forward. it is not actually in the interest of our friends and our partners. a south korean court has rejected an arrest warrant forjay y lee. prosecutors have accused him of bribery, embezzlement and perjury in connection to a scandal which led to the impeachment of the country's president. samsun has denied any

wrongdoing. earlier i asked if people were surprised by the verdict. the public had been divided about what might happen. for most pa rt about what might happen. for most part i think there would be enormous relief from the part of samsun. the last 2a hours have been one of the longest days forjay y lee. at the city jail the head of longest days forjay y lee. at the cityjail the head of south korea's biggest company was asked to wait throughout the night until the court came toa throughout the night until the court came to a decision about his arrest. early in the morning the judge said there was a lack in justification to put mr leave behind bars and ordered his release. just before day lay he was seen walking out ofjail was a slight smile. -- just before daybreak. lacking justification. could that be because of the possible impact on samsun's reputation and performance which, of

course, plays a huge part in the economy of south korea? this may not be the end of problems for the chief of samsun. the company has been accused of bribery and he may still need to face a trial if prosecutors decide to press charges. the allegation is that samsun gave millions of dollars in return for the votes of the national pension fund ina the votes of the national pension fund in a big and contested restructuring of the company. in the meantime, mr these days as a free man. so can prosecutors continue pursuing him? samsung has continuously denied the bribery charges and the position is that contributions have been made but was not in order to receive favours. bribery is not an easy crime to prove under korean law. neither is putting rich family members of conglomerates into jailfor

wrongdoing. despite criminal charges and convictions, no family member of samsun has ever served jail term. —— samsun. shares opened higher than 296 in may continue to trade strongly. shares in netflix jumped in may continue to trade strongly. shares in netflixjumped over 8% in us training —— trading it to make meeting a new high. the media streaming service has been producing more original shows and focusing on expanding globally. that is held netflix sign up a record 7 million new subscribers. the majority of them from outside the united states. goldman sachs still has the golden touch. the investment bank saw profits triple in the fourth quarter. its trading activity got a major boost after trump's election spurred a stock market rally.

manchester united has overtaken reality that to become the richest football tea m reality that to become the richest football team in europe. the last time they held the title was over a decade ago. according to a consultancy in manchester united raked in over $700 million last season. now here is a story for all of you train fans. after over two weeks crossing two continents the first—ever for a weeks crossing two continents the first—everfor a train weeks crossing two continents the first—ever for a train travelling direct from china to the uk has arrived in london. it is part of china's drive to develop trade and investment ties with europe. london is the 15th european city to join what the chinese government referred to as the new silk route. lets show you the pictures of the train pulling into the station just outside london. the train trip takes about half the time of a sea journey. you are watching bbc news. the

headlines for you this our—at his final news conference president 0bama said he will continue to speak out to defend what he called core values are after he leaves office. according south korea has refused a request by prosecutors to arrest the boss of samsung, the country ‘s biggest company, who is being investigated for bribery and corruption. a disabled man has won his case the supreme court after a dispute over space on a bus. it now means that bus drivers will need to do more to accommodate wheelchair users. the man brought his case after he was refused entry to a bus in 2012 when a mother with a pushchair refused to move. 0ur disability affairs correspondent reports. it has taken nearly five

yea rs of reports. it has taken nearly five years of legal reports. it has taken nearly five yea rs of legal battles reports. it has taken nearly five years of legal battles to get to this point. how are you feeling? but, finally, he has had his day. in the highest court in the country. all sevenjudges agreed the highest court in the country. all seven judges agreed that the bus company's all seven judges agreed that the bus compa ny‘s policy of all seven judges agreed that the bus company's policy of request in not requiring a person to vacate the wheelchair space was unlawful. but it is not quite as clear—cut as the judgement is not go as far as insisting someone move from the space. i am quite pleased with the result. i am aware that some people will not be pleased. it has not gone as far as some people would like or it has gone too file but in the end this is about disabled people's writes to travel on the vast and hopefully today it has been at least a step in the right direction. this all began back in 2012 when he was unable to catch a bus because the space for wheelchairs was occupied bya space for wheelchairs was occupied by a mother and her pushchair. she

refused to move which meant that doug could not get on. the bus operator admits that following the state's verdict they may have to retrain staff but they are pleased their drivers will not need to force people off the bus. we welcome the fa ct people off the bus. we welcome the fact that the court has confirmed that the driver is not required to move passenger from a that the driver is not required to move passengerfrom a bus if they are rude refusing to move from the space. that's really important for drivers to have that clarity. the impact of the judgement today will have wider implications that span further than buses. any service provider or company that has a dedicated space for disabled people, that could be a supermarket disabled bay or a toilet in a restaurant, they will have to make sure that wheelchair users get priority. there is plenty more on all of the stories we are covering on the bbc news website. mike emboli is with you in 15 minutes time but first let's catch up with sports today. —— mike emboli. i'm babita sharma.

hello, from the bbc sport centre. i'm chris mitchell. coming up on sport today. konta's in form, but her path to third round in melbourne meets resistance. —— little resistance. liverpool keep their heads, dodge a green banana skin and go through to the fourth round of the fa cup. and the ryder cup captain get his hands on more wild cards. well, she is the in— form player in australia right now. great britain'sjohanna konta is through to the third round of the australian open in melbourne. herjapanese opponent had been

tipped for greatness, having reached the last 32 in melbourne at her first attempt last year. but this was over very quickly. the number nine seed, konta, who reached the semifinals last year, beat the japanese teenager in straight sets 6—4, 6—2. it means konta will play the winner of the next match on rod laver arena between the former world number one caroline wozniacki