i'm kasia madera with bbc news. our top story: the publisher of a controversial book about donald trump's white house has brought forward its publication date after attempts by the president's lawyers to block its release. michael wolff's fire and fury is said to contain damaging remarks attributed to former trump strategist, steve bannon. it'll now be published on friday, four days early. south korea says the united states has promised not to hold military drills during the winter olympics. north korea has not yet committed to formal talks, which could begin next week. and this video is trending on bbc.com. former sumo grand champion, harumafuji, has just been fined. the mongolian wrestler had apparently fractured a junior colleague's skull after hitting him over the head with a karaoke machine's remote control. that's all from me for now. stay with bbc news. and the top story here in the uk. an apology from theresa may, after new figures reveal the pressure on the nhs this winter, including patients forced to wait in ambulances and cancelled operations. now on bbc news, all the latest business news live from singapore. surging new pea ks.

surging new peaks. the dow hits 25000 and other nations follow its lead, how long will it last? shakespeare wrote to be or not to be over 400 years ago but those words are still good advice for today's corporate leaders. hello everyone. good morning hr. great to have you with us. —— asia. we kick off the programme with the markets and it is an other record run on wall street. the dow soaring past 25,000 for the first time overnight and the other

major industries also scaling new, with the nasdaq and the s&p 500 at lifetime highs. propelled by strong economic reports wrote in the united states and overseas. in asia, we saw the tokyo stocks begin trading on thursday with the nikkei trading at a26 thursday with the nikkei trading at a 26 year high. it is one hour into the new trading day and it is up 0.6%, more than 100 points. we are at new 26 year high. share prices in hong kong jumping for a third straight day as well. are we in the middle or the end of a bull run on? joshua crabb says it depends where you are looking. i think obviously the us has a pretty fully valued here but we still think we are still probably about halfway the asia run. what are the risks you see going forward for these market to pull back? if we look at the asian

market, we are sitting at about 1.7 price to book versus our range of 1.3 over the last 20 years or so. we have seen a start of a turn in the earnings cycle and that is a key thing to monitor. as long as earnings come through and the economy can be strong, with reason why asian market don't continue to close that valuation gap with the us. one of the other risks is if the us. one of the other risks is if the us market falls it will be difficult for asian markets to do well but if you look at the backdrop we have in the us, the market is fully valued and you shouldn't see a rerating from here. between potentialfor tax cuts, the weak dollar, that will be a tailwind for us earnings. obviously more of the earnings coming from offshore and eight positive delta occurring in those offshore markets, it should mean that that market stays fairly well aired and in that environment we think asian markets will continue to do well. will this be the year when

america finally gets a pay raise? although the economy is enjoying one of its longest ever periods of growth, wages have barely gone up in the past decades, economists are closely watching the jobs report released later today. evidence that at last america's recovery showing up at last america's recovery showing up in pay packets. eight states out of the 50 have started the year with a rise in minimum ways. —— and wage. —— minimum wage. bullish on herbert has three kids, two of which will live with her in a shelter. as a fast food worker in new york, she just got a pay raise. she is planning to move out of the shelter by february. the extra money will go towards more rent or more food, whatever i need to pay for my kids. maybe a couple of new outfits for my kid, it is that for them. americans

have been praying and fighting for a raised since the end of the gst. the federal minimum wage hasn't gone up since 2009, so us states are taking the lead. the unemployment rate is record lows but wages are not going up. a conundrum even america's chief central banker has been struggling to explain. generally, in a strong labour market many firms are having difficulty finding qualified workers. we would expectjust through normal demand and supply, channels to see some upward pressure on wage growth over time. as the labour market is tightened, we have seen some very labour market is tightened, we have seen some very gradual drift upward in wage gains. a tight labour market should mean that employers have to pay more to get the best work of. but that has not been the case and many economists are try to figure out why. met one reason could be

that workers have less bargaining power, they are not as mobile, and increased use of technology and the decline of labour unions. pot for workers who do get an increase, it is like changing. it is a lot to me because i remember when we were getting paid $7 50. $13 50 is a real jump getting paid $7 50. $13 50 is a real jump nowadays to have that type of money to be up there with an average person to try and take care of your family and do what you need to do for your kids. talks are meant to get off in washington, dc between the united and korea to renegotiate the united and korea to renegotiate the biological, bilateralfree—trade agreement. there will be discussions at out a trade imbalance which leans in south korea's favour, with more i enjoying with my colleague fresh from the airport. so sharon, it is also called chorus, is there a

harmony between both sides? also called chorus, is there a harmony between both side57m also called chorus, is there a harmony between both sides? it is hardly harmonious. you would ink most talks between the us and korea would be about the north, but believe it or not barely the first week of the new year is out and these officials are getting down to business, talking in washington, dc today to renegotiate this free—trade agreement that was signed between the us and south korea and it came into being during the previous administration of president obama. resident trump has said that he has never been a fan, they want to renegotiate this and say that essentially since this fta came into effect in march 2013 the us deficit with south korea has doubled and in fa ct, with south korea has doubled and in fact, president trump speaking last yearin fact, president trump speaking last year injune during the us south korea summit called it a rough deal. he said he would push for south korea to open up the slack automobile market and if we take a look at this graphic sequence and crunch the numbers. from 2016 $144

billion of goods and services were traded between the two and the us deficit with south korea stood at about $47 billion. that is 2016, presumably the numbers have grown now. all of this is crucial because south korea is the sixth largest trading partner with the us and the south koreans have not been happy about this. they have been saying they didn't want to renegotiate and that potentially this could scupper talks about north korea, which is crucial about their nuclear missiles. fingers crossed that when all this is said and done there will be an agreement between the two countries. thank you so much my colleague, sharon. in other news, china is making it easier to get work permits for foreign professionals and high school workers in a way to bridge the talent gap. ten year free geysers —— ten year free visas are being offered to sign this, maybe a nobel prize winner or two. spouses and

minor children is the applicants would also gain the same visa. they can get confirmations of qualifications in five working days. we know him by many names, william and to some the greatest ever english writer. but can we add management guru to his title? a top recruitment firm is using shakespeare's plays to teach top executives key leadership lessons, including julius caesar, richard iii and henry v. i asked what are the three key leadership lessons business leaders can learn from shakespeare? to be effective culture change people they need to be purposeful leaders, they have got a purposeful leaders, they have got a purpose and know what they are doing. they also need to be aware of personal change and able to adjust their behaviour is and change. and you have got to get engagement, all of the team around you and you have got to be inclusive and you got to

build a team and lastly, you have got to develop a legacy. you have got to develop a legacy. you have got to develop a legacy. you have got to be able to pass the culture onto the next generation. there was another play we did, julius caesar. some other learnings, julius caesar had his conspirators and what we try to show that as a board of directors if you have your own agendas than you are going to fail. the season thing became a dysfunctional board and the need for a chairman to bring them together. you mentioned julius caesar, henry v, richard iii, so many place from william shakespeare, 38 in total. from all of these plays, who was the worst leader and the best leader? shakespeare never really made anyjudgements, he put on the table all of the issues he wa nted on the table all of the issues he wanted to say about leaders but left the audience to make that decision. some of his best those plays are tragedies, macbeth, king learand fellow. what can a tragedy like the best teach us about leadership? —— like mac. lady macbeth shows us the

power of influence, she comes from a sad background, lost a child and so she is highly strung and try to do this. perhaps don't listen to your wife then? that is one conclusion but that doesn't do things wisely either because he was in the witches and soi either because he was in the witches and so i think the lessons we get from that is yes, influence people but do it with a calm mind. on the other side, you must take personal responsibility for your actions. that was david humphreys. thank you so that was david humphreys. thank you so much for investing your time with us. so much for investing your time with us. sports day is up next. let's bring you up to date with our biggest stories. publications of a book donald trump is trying to block

is being brought forward to friday, which contains potential damaging accusations from steve bannon. washington and seoul have agreed to not hold planned military exercises during the winter olympics in south korea. a london taxi driver who has believed to have been carried out more than 100 rapes and sexual assaults on his female passengers is to be freed after serving ten years in jail. john worboys was convicted of 19 offences in 2009. now a parole board has approved his release with what it calls ‘stringent‘ licence conditions. some of his victims have told the bbc they are shocked and distressed that he is being freed and they haven't been told about it by the authorities. daniel sandford reports. for six years, john worboys cruised smart areas of london in his black cab looking for women to drug and rape. when he was finally caught, thejudge said he'd serve a minimum of eight years in prison and said he wouldn't be released until he was no longer

a threat to women. worboys would show young women he picked up in his cab large wads of cash, saying he'd recently won big at the casino. then he'd offer them champagne, which he'd spiked with sedatives, and rape them. the judge gave him what's known as an indeterminate sentence, under which, people are only freed once they're no longer considered dangerous. but today, the bbc discovered that the parole board has decided worboys will be released this month under supervision after spending less than ten years in prison. i've spoken to one of my clients, who is absolutely horrified and really distressed that nobody had the courtesy to inform her, so she's in the middle of cooking tea for her kids and she hears this on the radio, and feels absolutely sick to her stomach. the question does arise as to whether his real dangerousness has been considered, and the seriousness of his offences been properly taken into account. the organisation, rape crisis,

said it was far too soon for worboys to be released. although police believed john worboys attacked over 100 women, he was only convicted of attacking 12. and only one of those convictions was for rape. and that's why his sentence was so short. all the same, under the indeterminate sentence rules, the parole board will need to have assured themselves thatjohn worboys was no longer a risk as a sexual predator. daniel sandford, bbc news. much more on that story and all of our stories on our website. if you want to get in touch with us here at bbc world news, you can do so on social media. i'm @bbckasiamadera on twitter. time now for all the sports news in sport today. hello, i'm tulsen tollett and this is sport today, live from the bbc sport centre. coming up on this programme: honours even in the english premier

league as tottenham and west ham provide two brilliant goals at wembley in a 1—1 draw. reigning women's champion serena williams becomes the latest big name to withdraw from the australian open. and the tiger woods comeback continues and he could —— as he confirms he will appear in the pga tour event. and we will be live to syd ney tour event. and we will be live to sydney for the second day of the fifth test. stick around for that. hello and welcome to the programme where we start with the footballing news that two wonderful goals at wembley stadium saw tottenham and west ham finish honours even at 1—1 in the english premier league. it was a match that sprung to life late and it was watched by the bbc‘s alastair bruce—ball. west ham one. great result for west ham.