tv Asia Business Report BBC News January 9, 2018 1:30am-1:46am GMT
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with their north korean counterparts for the first time in more than two years. the two sides will discuss the possibility of pyongyang sending a delegation to the winter olympics being held in south korea. oil is still leaking from a tanker in the east china sea, two days after it collided with a cargo ship. one body has been recovered, but more than 30 crewmembers are still missing. and this video of a bbc colleague having a tough day at a zoo is trending on bbc.com: alex dunlop was filming a report at banham zoo, in norfolk. as he attempted to tell the story, the zoo‘s lemurs decided that this was their moment of fame. that's all from me for now. stay with bbc news. and the top story here in the uk: the education secretary, justine greening, has left the government, amid the biggest reshuffle since theresa may became prime minister.
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now on bbc news, all the latest business news live from singapore. strong demand for memory chips boost samsung's quarterly profits to a record high. after a day of soldiering through the sites, french president macron gets down to business, focusing on economic relations between the two countries. good morning, asia, hello world. glad you could join us for another exciting edition of asia business report. i'm rico hizon. we start off with samsung electronics, and despite having its boss behind bars, but korean conglomerate appears to
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be going from strength to strength. it released its earnings guidance this morning and while it missed expectations it expects a record quarterly profit in the fourth quarter. for more i am joined by my colleague. why did they miss expectations? if you thought it was because of the scandals, it has got nothing to do with it. it is because of the strong south korean currency, which makes its currency more expensive overseas. but even though it missed expectations, it is still a pretty impressive number. a record quarterly profit of $14 billion in just three months, the final three months of 2017. that is up 64% compared to a year ago. and it is all because of the strong demand for memory chips. it was of course we all seem to be a test with smartphones, and part of samsung's strength is that they do notjust make smartphones, but displays and
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chips. it has displaced intel as the world's biggest chipmaker. and the company missed those expectations earlier, and the shares are actually trading lower at this hour in seoul. and of course, you have the south korean yuan strengthening because of tighter monetary policy from the korean central bank. talking of smartphones, ouraddiction korean central bank. talking of smartphones, our addiction to these machines is worrying some apple shareholders. two of them said the company needs to do more to help teenagers and children to put down the devices, because they could impact mental health. our business reporter has the details. they are quite big shareholders. i mean, one is actually the teachers‘ pension fund, so this is something you might expect from investors like that. we have had examples in america of
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investors who are for example pension funds taking up social causes or asking for changes in the way a particular company operate. you know, for a social cause. but the other big investor, a huge investor, has billions of dollars in the fund. it is actually surprising for a statement like that to come from them. as far as what investors are saying, in their letter to apple they say it will make good business sense. if you start paying attention to health issues, eventually in the long run it will make business sense because they say there is growing societal and these that at —— that some people might be getting too much of a good thing. they have asked apple to spread awareness to pa rents asked apple to spread awareness to parents about possible addiction and what they can do to reduce iphone usage by their children and to study the impact on mental health of being addicted to your phone. so in that sense, i think, for the company to respond to that, which it so far hasn‘t, i think they are in a pretty
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easy spot. but remember, this also comes on the back of last week and the week before that we were talking about apple being on the back foot when they had to come out and say they were slowing down iphones because of battery issues. so of course it is not good news that investors have come out and said this, but in that sense they are not really in a sticky spot. overall it has not been a good day for apple, they have also been sued by paris prosecutors over a suspected plan to throttle its products. it admitted it intentionally slows down older models of iphones over time. manufacturers are being criticised the building in the expiry of their product, so that consumers will be forced to replace them. with europe looking divided, experts say france is gaining the lead in access to china. emmanuel macron is on the mainland for a second day as he tries to drum up closer trade ties with the second largest economy.
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trade between the countries in 2016 was worth $70 billion us, but massively skewed in china‘s favour. they have roughly $33 billion surplus with france. chinese economists say they believe emmanuel macron will be able to narrow the trade gap. after this basically he is definitely bringing back some big deals. at least now the rumours have been saying that at least the chinese will invest in airbus, narrowing the trade deficit with france. definitely that deal with airbus is much bigger than exporting more wine and beef to the mainland. i think airbus has been traditionally there, but the new way of narrowing the gap should go beyond nuclear, automobiles, and then the airbus jet. because it is
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then the airbus jet. because it is the new growth area. surely the chinese also want more french investments into china. yes, and thatis investments into china. yes, and that is why i think on emmanuel macron‘s agenda will be asking china for preferential policy towards the french, which the european chamber of commerce have continued lobbying for, for a more fair trade and investment policy for european firms. but will the chinese also wa nt firms. but will the chinese also want more access not only to france but into the european union? more mergers and acquisitions, after the failed bid to buy a company in the united states? yes, for sure. definitely because of the overall french position in that initiative. so overall, china needs france, especially when the uk now is busy dealing with brexit. some people are
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calling for a boycott of h&m over and ad they consider to be racist. posts on social media point to a photograph of a black child modelling a hoodie, saying coolest monkey in the jungle. 0thers modelling a hoodie, saying coolest monkey in the jungle. others are defending them, saying it is a mistake. they have apologised to anyone this may have offended. sony is singing a sweetjune after striking a deal with facebook, which will allow it to stream work from its instagram. the catalogue includes bob dylan, taylor swift and ed sheeran, who can earn royalties from the use of their music on the social media platforms. remember that google engineer who was fired after writing an infamous memo with gender stereotypes? he sued his
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former employer on monday. he claims google systematically discriminates against white conservative men. if i told you there was a new software that can draw better than you can, well, it turns simple scribbles into detailed paintings and it is on show at the consumer electronics show in las vegas. let‘s take a look. iam going i am going to have a go on vincent. i am going to have a go on vincent. i am going to turn my scribbles into art. let‘s try a picture of london with tower bridge and the houses of parliament. so what is the system
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doing here? it is looking at the edges you draw and imagining those as the tracings of a masterpiece, and it is trying to create that masterpiece. it looks a little bit like something you might find in a hotel bedroom. i think that is that, it is bold and colourful typically. it is looking at the shapes on the horizon and inventing something quite colourful. i have had a go at doing a self—portrait here as well. it is quite hard to get it to recognise and fill in a face as you might expect it to look. why is that? the simple answer is you are not drawing a face exactly how it might look ina not drawing a face exactly how it might look in a painting. so it is my art skills. i have too much of the modern face for renaissance art. art and technology, an amazing combination. let‘s have a quick look at the markets, and most of them are in positive territory. the nikkei 225, the hang seng and the all ordinaries index well entrenched in positive territory. this is after
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record highs on wall street overnight. thank you for investing your time with us. sport today is coming up next. the top stories this hour: north and south korean officials are meeting for the first talks between the two countries in more than two years. an iranian oil tanker that crashed off the coast of china is at risk of causing a massive environmental disaster. chinese officials say it is in danger of exploding and sinking. women who have the most serious form of heart attack are twice as likely as men to die in the year after the attack, according to major new research. the decade—long study in sweden found that they were less likely than men to receive recommended treatments, such as clearing blocked arteries and using statins. here is our medical correspondent fergus walsh. every minute counts after a heart attack, but to many women are being
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misdiagnosed and wrongly treated. whenjules had misdiagnosed and wrongly treated. when jules had a misdiagnosed and wrongly treated. whenjules had a heart attack aged just 45, she displayed classic symptoms, but these were initially dismissed by paramedics. 0verwhelming pain in my chest, this pain than went up into myjaw and sort of spread, and that it was going down my left arm. and then i had this overwhelming feeling that i was going to be sick and this cleanliness. and the paramedics said if have you got pins and needles? she said i think it is a panic attack that you are having. and i remember thinking, this is not a panic attack. this is something more. a new study looked at more than 60,000 women in sweden who had the most serious type of heart attack, when there is a total blockage of one of the major arteries. it found that, compared to men, they were roughly twice as likely to die from the heart attack within a year. they were less likely
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to have treatment to clear blocked arteries, to be prescribed statins, or given aspirin. now, one statistic that may surprise you is that women in the uk are more than twice as likely to die from coronary heart disease than from breast cancer. 0ften disease than from breast cancer. often it seems women present with unusual symptoms, and researchers say that helps explain why, in the uk, like sweden, they are not always getting the right treatment. women may well present with other symptoms such as breathlessness, fatigue, palpitations or pain, which is more atypical in nature, such as stabbing or sharp. and these findings can be misinterpreted, both by the patient, but also by healthcare professionals. but, if more women are to get rapid access to treatment like this to clear blocked arteries, there needs to be greater awareness that day, like men, are at risk of
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heart attacks. there is more on our website on fergus‘s story and all of our stories. time now for all the sports news, in sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: phillipe coutinho is officially presented as a barcelona player after completing his $192 million dollar from liverpool. a late glenn murray goal against crystal palace puts brighton through to the fourth round of the fa cup. he‘ll return to the tennis court soon. —— and andy murray undergoes hip surgery in melbourne but promises he‘ll return to the tennis court soon. hello and welcome to the programme where we start with the news that phillippe coutinho says he‘s finally realised his dream after officially becoming a barcelona player on monday. the brazilian joins the catalan club
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from liverpool in one of the most expensive transfers in football history, but he won‘t be able to make his debut for three weeks because of a thigh injury. austin halewood looks back on a busy day for the 25—year—old. it was a transfer saga that had rumbled on for months but after three failed bids in
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