programmes after the un approves new sanctions. the measures aim to deprive pyongyang of more than $1 billion a year in export earnings. china says that sanctions are needed, but has been urging more talks. a government—backed investigation in myanmar has rejected allegations that its military committed atrocities against rohingya muslims last year. the un argued it's likely that crimes against humanity were committed in rakhine state. and this story is trending on bbc.com. iranian mps have been urged to take courses in universal moral values after some of them crowded around eu diplomat federica mogherini to take selfies with her. some social media users said mps had embarrassed the nation. that's all from me for now. stay with bbc news. there is more to come. and the top story here in the uk: the government has launched a review into the cost of energy, amid concerns over rising prices. but critics have questioned what the inquiry, to be completed by the end of october,

will actually achieve. now on bbc news, all the latest business news live from singapore. the un hits north korea with its harshest sanctions yet over its nuclear and missile programme. and trading in big bucks for cash. sowing the seeds of a childhood dream. good morning, asia. hello, world. welcome to another edition of asia business report. it's a monday. iam marika asia business report. it's a monday. i am marika oi. the un security council unanimously approved tougher sanctions against north korea which could cost the country $1 billion a

year. the us and china agree to the new measures after a month of talks with the hope they will pressure pyongyang back to the negotiating table. our reporter is on the story. tell us the details of these new sanctions. as you mentioned, it is the toughest yet. critically, china is on board. for these new sanctions to be effective, china needs to step up to be effective, china needs to step up to the plate, which they seem to have done. they take 90% of the trade with north korea. international sanctions are looking to hurt north korea where it hurts most, the economy. they will do this in three ways, banning key exports of coal, seafood, and iron and lead. the second is banning newjoint ventures with the country and investment. even egyptian firms are operating in pyongyang already. the

third aspect is the 100 thousand north koreans working overseas. now, no more guest workers are allowed from north korea. that is to cut the money going back to pyongyang. from north korea. that is to cut the money going back to pyongyangm from north korea. that is to cut the money going back to pyongyang. it is one thing to agree on new sanctions. in the past, we had issues of actually enforcing them. can they and forced them this time? china has been accused in the past of not implementing sanctions. they have a lwa ys implementing sanctions. they have always wanted a softer approach with pyongyang. they don't want the regime run by kimjong—un to colla pse regime run by kimjong—un to collapse and they would have a refugee situation on the doorstep. they support this because they would face secondary sanctions from america. as they are the biggest trading partners with each other, china cannot afford that either. the

records keep coming from us markets. just last week, the dowjones industrial average broke 22,000 points for the first time ever. look at the numbers from friday! well above that psychological mark. what does this high valuation tell us about the economy? we have this report from new york. us markets have been doing this a lot lately, reaching record—breaking milestones, something everyone is taking notice of, even the president. the stock market hit an all—time record high today, over 22,000. we have picked up today, over 22,000. we have picked up substantially now, more than $4 trillion in net worth in terms of our country, our stocks, our companies to bite it is true companies to bite it is true companies are on a record—breaking move. amazon hit an all—time high. that is giving to these high as. as us markets go higher and higher, we

should see more companies going public and listing on places like the new york stock exchange. but thatis the new york stock exchange. but that is not happening. in fact, quite the opposite. the number of us companies that are listed are actually going down. over the last decade, the number of publicly traded companies has fallen. in 1996, there would be as many. by 2016, that number fell to 3000 1996, there would be as many. by 2016, that numberfell to 3000 671. -- 3671. —— 3671. nowadays, they have bank loa ns —— 3671. nowadays, they have bank loans and even go overseas for investment. if there are less companies trading on the market, where has all this cash gone? people are wondering, if market capitalisations are as healthy as they are, and yet there are so many fewer firms, it must mean the

typicalfirm is much larger than it once was. we are seeing that and lots of evidence is pointing that way up is furthermore, there is a much greater concentration of that capital in certain kinds of firms. that kind of thing does not help the broader us economy. regulators are taking note. the president should use caution before taking credit. bbc news, new york. it has been two months since several middle eastern countries and egypt cut ties with qatar for alleged ties to terrorism, which the country denies. that has changed the environment of the wealthy countries. how much of an impact has been on businesses, it in particular the financial industry? there is definitely an impact. it is significant. in terms of financial stability, qatar is a stable economy. they have resources. they

have sovereign funds and central bank cash of $40 billion, twice the gdp. that is the long—term stable financial support. that will be the proactive support for the bank and business model. at the same time, we have seen the blockade. they want to move from wa2 to wa3. it doesn't mean anything. the financial stability of qatar is a given in the long—term. the overall impact will be very, very minimal. what about foreign deposit, though? they have fallen sharply, in fact, the most in almost two years. that must have an impact on your business. yes. there isa drain impact on your business. yes. there

is a drain on deposits. there are knee—jerk reactions. this is unheard of. it has destabilised things in terms of those deposits. that is locally. look at the demographics. and also, the outflow is $6 billion which is insignificant compared to the net assets qatar has got. yes, it is drained, but it is not significant. $6 billion is outflow. they have to mobilise short—term liquidity. that is precisely what happened. japan's agriculture industry is facing an acute shortage. the number of farmers has fallen 20% in the last decade. the country is having to rely heavily on imports of food. that is why governments in japan are

imports of food. that is why governments injapan are trying to encourage start—ups. i met a 28—year—old entrepreneur who has taken a huge pay cut to pursue her passion. moving to a farming out it. this 28—year—old was once a highflying consultant for mckenzie. today she is the chief executive of a small start—up called sensesprout. it isa a small start—up called sensesprout. it is a sensor that measures temperatures and ground moisture. farmers can understand what is going on in the soil from their house, even when they are travelling abroad. these new ideas are what the government wants to encourage in the agriculture industry. so they receive funding from the government. we still need support from the government because it is not something that can become profitable overnight. first of all, we have to

wait for the plants to grow to get the experiment results. at lunch, i asked her how farmers react to her being a young female ceo. there is a bit of competition. especially in 30s and 40s. they tend to welcome us a light. it is more like ignorance, though. for younger farmers, the technology has allowed them to be more efficient. chants we used to rely on our gut feeling. —— translation:. there was no way of finding out how accurate we were. a product like this is very useful. until recently, these sensors were rented out for free. until recently, these sensors were rented out forfree. today, the company has several customers who pay $1000 per sensor. but it meant a

big gamble for lisa. financially, i get enough money to support myself, so it is ok. i am still learning, but it is a series of interesting challenges. convincing more young people to follow her footsteps is what the government needs to do to jumpstart what the government needs to do to jumpsta rt the economy. what the government needs to do to jumpstart the economy. we will show you the markets before we go. asian markets are higher because of the strong jobs numbers from the united states on friday. that is it for this edition of asia business report. thank you very much for watching. you are watching bbc news. the top stories this hour. china is urging north korea to end ballistic missile tests, that have raised tensions across east asia. the call comes after the un voted for new sanctions. myanmar has rejected allegations that it's military committed atrocities during a crackdown on rohingya muslims last year. instead, it accused

the united nations of making exaggerated claims. the uk government has launched an independent review of the cost of energy, days after british gas raised some electricity prices by 12.5%. the prime minister had pledged to cap energy prices during june's election campaign, but shelved the plans after losing her conservative majority. the review will look at prices, and the uk's commitment to climate change targets. it'll be completed by the end of october. here's our business correspondent, joe lynam. how much we pay for our energy, to run our households and companies always ignites our passions. policies like capping energy prices to support working families. that's why theresa may promised a price cap and an independent probe into the energy sector before the general election. the cap may have been shelved but this oxford university professor, dieter helm, has only three months to find out

where any fat can be trimmed from our energy bills. he says he will sort all the facts from the myths about pricing and costs. this review will look at all the costs that make up your bill. the main ones include buying gas and electricity on wholesale markets. that accounts for 36% of a typical bill. moving it through pipes and cables, known as distribution, accounts for 29%. but 13% of our bill includes subsidies for poorer households, and the cost of developing renewable — or green — energy supplies. the rest is made up by operational costs and vat. and, for some households, it's not clear whether this review will be the green light for lower bills. they've gone up so much and i find i'm paying a lot of money. and i don't really understand it. it's a slow process. like, it can'tjust happen at the click of a finger. it's a case of they have to go away, review it, and come back. if they have promised a price cap, obviously they should deliver on it.

tom brook used to advise labour and conservative governments. he says there's not much that dieter helm can do in three months. i think a review this short is essentially headline management. i don't think dieter, heroic though he is, is going to be able to come up with something that isn't already widely discussed inside the energy community. where we know that the quickest and cheapest way to drive bills down is to include the efficiency of our buildings. after british gas said it would be raising its standard electricity prices by 12.5% with this energy probe would allow the government to say it's not tone deaf in the face of rising prices. joe lynam, bbc news. that is it from me. it is time for the sports news in sport today. hello, i'm andrew lindsay and this is sport today, live from the bbc sport centre. here's what's ahead: tori bowie bags a godl in london — it's another world

100—metres win for the usa. glory for the home nation at euro 2017 — the netherlands are crowned women's football champions. and matsuyama's "brilliant 61" gives him the bridgestone invitational — on the final day. welcome to the programme. for the second night in succession, the 100—metres final delivered a shock in london. 24 hours afterjustin gatlin beat usain bolt, the women's race went to an americanm over the fancied jamaican. no medalfor elaine thompson — tori bowie won gold. here's ben croucher. after a ll after all the headlines in the men's 100 metres, sunday of was the turn of the women. thompson was favourite but