president trump has defended his decision to fire the director of the fbi. donald trump says he's lost confidence in james comey and the bureau needs new leadership. but opposition politicians claim it's an attempt to block the fbi's investigation into the possible links between the trump campaign and russia. south korea's new president moon jae—in has been congratulated in a phone call by donald trump who's also invited him to washington. the leaders agreed on "close cooperation" in dealing with north korea's nuclear weapons programme. and news about snapchat‘s share prices are trending on bbc.com. the parent company of the messaging app have tumbled by about 20%, after disappointing results. the number of users grew by only 5% over three months to 158 million. that's the latest. stay with bbc news. and the top story here in the uk — the bbc has seen a copy of labour's draft manifesto which has been leaked ahead of its

publication next week. it includes plans to nationalise parts of the energy industry shares in the company that owns flat chat plunge. and we going to link to some advice from one of singapore ‘s most unusual entrepreneurs. it is a thursday, everyone. good morning, asia and hello, world. what a crash! shares in snap, parent company of snapchat have fallen over 20% in

after hours trading on wall street. this pitfall comes after they reported losses of over $2 billion us in its first quarterly results. what happened after its redhot share sale in march? earlier our correspondent told us how it went from being a market darling to being shunned by investors. in the latest earning reports snapchat has grown by less tha n earning reports snapchat has grown by less than 5% which is not enough to keep anyone happy. revenue has not been high enough and, like you said, they had a huge loss. so while that was big hope that they could provide competition to facebook in the future on this early evidence, the future on this early evidence, the first real test of their business potential, it seems they have not managed to do that. the bad news is piling up. any word from the bosses to appease shareholders? one of the investors on their earnings quarter after the results were

published was asked if there were any products coming down the line of the already product they could get excited about and quite friendly there was no answer. they have come up there was no answer. they have come up with creative and innovative things but nothing too specific. he was also asked whether he was asked —— worried about facebook. his maiden comparison. is there just because yahoo! put our search engine on its website did not make it google. the suggestion is that because facebook is steeling the ideas of snapchat it does not make it snapchat. our correspondent there are in san francisco. investors will be keeping a close eye onjapanese car maker listen‘s results which will be out later today following a dismal performance from its competitor, toyota. the second largest carmaker in the world saw a drop in full—year profits to $16 billion us. the forecast is for more

pain to come with the cost of customer incentives for sales in north america and a strong yen against the us dollar. we have our correspondent explains the challenges that these carmakers are facing. the ceo of toyota said he senses a sense of crisis at this point. the japanese automakers are getting pinched at both ends. the yen is crushing their earnings and on the other end key markets like the united states are starting to slow down. those are traditionally their cash cow markets, so they are getting pinched on both ends. for how much it longer will these cost impact profitability? we should see them rolling to an end here, the impact. the airbag recalls are under control for the time being, there may be a few lingering recalls that

over the next few years but the main cost for those has already been booked. that was the order the editor in japan. at booked. that was the order the editor injapan. at different story for softbank. posted their second—best annual profits, with operating profitability for the year rising 15% to $9 billion us. it follows cost—cutting and the rise in subscribers although its us mobile business in the us, sprint. softbank confirms a $5 billion investment in the uber of china. new data from south korea shows the jobless rate rising slightly in april to just over quattro%. this is in the midst ofa over quattro%. this is in the midst of a protracted slump in the manufacturing sector. the new president of south korea has set a priority to create more than 800,000

jobs in the public sector. profits at 21st century fox addict in the first three months of the year, weighed down by flat cable advertising sales and less successful movie releases. the company made about $800 million in profits. 5% down from the same period last year. has the battle for eye balls period last year. has the battle for eyeballs heats up with on demand platforms like netflix, amazon prime, cable tv businesses have a difficult fight on their hands. here in asia the largest international tv networks is three times the size of its nearest competitor. as part of our new segment i spoke with the president of asia—pacific and the middle east. it is all about content and having the best content. we are known for this and we have doing it for decades, telling the best stories from around the world beat in the form of tv shows, movies,

sport, documentary we have it all. and what we are doing now is bringing that content to our consumers any way they want anywhere they want. some live, some on demand. the original platform of fox has been cable. will there be obsolete and everything shifted to on demand? we believe that cable serves a great purpose. it provides amazing first—time content live to consumers. it provides great brands. it isa consumers. it provides great brands. it is a question of whether we can now provide that in a user—friendly manner to streaming services. ultimately you will come down to the content. our acquisitions the route to challenging competition such as netflix, amazon and google? we leader in this segment but we are open to acquisition. we acquired sbs then sports a few years ago. we back ourselves. fox is a great way to get

new subscribers for new experiences. what other acquisitions are you looking out for the complementary existing service? we are always looking. it could be in production, in delivery, but, really, it is about bringing the best content to our consumers live, be it in or entertainment. what is your vision over the next five years for video on demand or streaming services? over the next five years for video on demand or streaming service57m is on demand or streaming services7m isa on demand or streaming services7m is a great way to reach uncapped audiences. there are hundreds many people who have yet to experience pay television. thank you so much for joining pay television. thank you so much forjoining us. from one ceo to another and one of the best—known

entrepreneurs in singapore started asa entrepreneurs in singapore started as a hairdresser in london. she has business advice for anyone willing to listen. wejoined her one morning forfishing and to listen. wejoined her one morning for fishing and a to listen. wejoined her one morning forfishing and a bite to listen. wejoined her one morning for fishing and a bite to eat. fishing is inspirationalfor me now. i started fishing in nine years ago and now every morning i want to fish. it brings a passion and excitement in what i want to do. fishing is a good method for business. when you fish you must be ready. you must be ready with all of your equipment, and your bait, your lower, it must all be well prepared. thank you for inviting me for brea kfast. thank you for inviting me for breakfast. welcome. we all have

brea kfast breakfast. welcome. we all have breakfast just behind us. breakfast. welcome. we all have breakfastjust behind us. this morning we are having nasi lemak with chile. i began as a hairstylist andi with chile. i began as a hairstylist and i was wearing all of the things i was used to buy and when i was living in london. people used to tell me that they liked my bracelet, andi tell me that they liked my bracelet, and i would sell it on the spot. i then started selling and importing things from london and that is how i started. and then i got into doctor martin shoes and were studied making money once we started selling them. blue hair. it is unusual in singapore. what do you say to people who think you are a maverick and thatis who think you are a maverick and that is what has helped to succeed? i always believed that entrepreneurs are delinquents in a way and we cannot take no for an answer and we

go for it and do it to improve the people —— prove people they are wrong. next thing we will enter is farming. we started a catfish farm in indonesia. whether it succeeds or not we will just in indonesia. whether it succeeds or not we willjust keep getting up and trying again and again and again. please, bring some fish back to the office! thank you forjoining us. before we go here is a quick look at the market was in s. asia is in positive territory at the moment. all markets are up. thank you for joining us. you are watching bbc news. our top stories sour — president trump has defended his decision to sack the head of the fbi. the white house said the president had been

considering fiering james comey since taking office. the new president of south korea has said he will work for peace and would be prepared to visit pyongyang. the family ofan prepared to visit pyongyang. the family of an 11—year—old who died on a school trip to a theme park in staffordshi re a school trip to a theme park in staffordshire on this tuesday said their world has been torn apart. the young girl fell from a water ride drayton manor. she was pulled from the water but died later in hospital. the park will remain closed while investigations continue. evha jannath, the 11—year—old girl who lost her life during the school trip she'd been looking forward to. the emergency services arrived quickly, staff and paramedics tried to save her, but she was pronounced dead after being airlifted to hospital. today, investigators are examining the splash canyon ride and trying to work out how she fell into the water. there is a height restriction, which means that young children who are between three and three and a half feet tall have to be accompanied by an adult.

although people aren't strapped in, they are told to remain seated. this was patrick treacyjust after he fell in the water on the same ride four years ago when he was ten. parents really should be aware of what... of how safe their children are going to be when they go on these rides. they look pretty calm, but they're actually quite dangerous. and when children aren't accompanied, i think seat belts should be in place. evha's school is shut today, staff and pupils have been offered counselling. she was a lovely, sweet—natured girl, and she was loved by everyone at the school. as a school and as a community, we are trying to make sense of this terrible tragedy. our thoughts and our prayers are with evha's family at this most difficult time. evha's family has issued a statement saying their world has been torn apart. they described her as a beautiful little girl who was full of love and always smiling. they say that words cannot describe their pain and loss. the park was empty today —

drayton manor decided to close as a mark of respect. phil mackie, bbc news, staffordshire. three women, who were arrested during an anti—terrorism operation in north london and kent ten days ago, have been charged with preparing a terrorist act and conspiracy to murder. they include 21—year—old rizlaine boular, who was shot during a police raid at a property in willesden. they'll appear at westminster magistrates court in the morning. time now on bbc news for the latest sport news. hi everyone.

you're watching sport today, live from the bbc sport centre. i'm nick marshall—mccormack. coming up: juve look out. real madrid are going for duodecimo. they are into the champions league final. the asian champions league is hotting up. group toppers kashima antlers finish on a high before the knockout stage. and who's going to bring back bill from japan? we've got the draw for the rugby world cup. hi, wherever you are around the world. welcome to sport today. it was fiesty and ferocious at the vicente calderon stadium on wednesday. a madrid derby with the added spice of a spot in the champions league final up for grabs. real were 3—0 up from the first leg, and despite two atleti goals sparking hopes of a comeback, real put an end to the tie with an isco strike.