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tv   Asia Business Report  BBC News  January 31, 2018 1:30am-1:47am GMT

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this is bbc news, the headlines. year in office. as his successes so far. to get the world's most populous nation to buy british. from the european union. after a false alarm about a ballistic missile attack. the alert was sent out by mistake last month causing massive panic.
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the employee who sent it has also been sacked. super moon and total lunar eclipse. it's the first so—called super blue blood moon in more than 150 years. before evidence showing he was innocent was disclosed. now on bbc news, all the latest business news live from singapore. his first state of the union address? address?
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task of improving trade relations post—brexit. good morning, asia. hello, world. addition of asia business report, i'm rico hizon. i'm rico hizon. trump will be delivering his state of the union address. of the union address. economic forum about the state of global trade. if some countries exploit the system at the expense of others. infrastructure spending, which trump has said will come up to 1. has said will come up to 1. 7 trillion us dollars. trillion us dollars.
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government and how much will be funded by the private sector. funded by the private sector. if donald trump was likely to announce more tariffs. economic aggression in the global trade system. trade system. he thinks is unfair trade practices there. there. terms of taking on economic aggression in china. aggression in china. think will these specific principles be? be? i think he will talk about free but their trade. what does that mean? mean?
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trans—pacific partnership, tpp, now known as cp tpp. known as cp tpp. negotiations with nafta between mexico and the us. mexico and the us. irrelevant topic but something that means a lot to him. means a lot to him. arrangement can be renegotiated or will it be cancelled? -- korea. it is still up in the air. is still up in the air.
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not to so it's a tough thing to predict, his presidency. predict, his presidency. paris being slapped on some asian goods —— tariffs. goods —— tariffs. then you have the renegotiation of trade arrangements. renegotiation of trade arrangements. what do you think will be trump... agenda for asia, will it be good or bad? bad? of the global gdp and now it is less than half. than half. that and it's unfortunate for the us in particular.
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gmt, 10am hong kong singapore time, right here on bbc world news. right here on bbc world news. enter the australian market, its first overseas foray. first overseas foray. start commercial operations early this year. this year. let's go to delhi and we arejoined by our business reporter. arejoined by our business reporter. to compete against its bigger rival, uber, in australia? uber, in australia? in over 100 cities in india and has 125 million customer base.
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125 million customer base. it's been able to lead the sector. able to lead the sector. and bikes, this good work in australia. australia. different, as you rightly pointed out. out. 0la had an advantage over uber.
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against them and also taxify, present in australia. present in australia. that's the japanese investor softbank. softbank. the competition leads to greater customer base. ola versus uber in australia. australia. forward to that tough competition in the country. the country. the 3% jump in its fourth—quarter net profit. net profit. the company posted profitability of $11. profitability of $11. mainly driven by demand for its memory chips and display panels. memory chips and display panels. more than 8% after it unveiled a massive 50 to one stock split. massive 50 to one stock split.
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currencies and initial coin offerings. offerings. misleading or deceptive promotional practices. practices. being kept broad and may be fine tuned. tuned. company board riders, formerly known as quicksilver, has gone missing. as quicksilver, has gone missing. the man after his boat was found washed ashore without him. washed ashore without him. on tuesday morning but did not return. return. his company also owns dc shoes and the roxy clothing brands. shoes and the roxy clothing brands. are three—day china tour today with a. a. word before going to beijing and shy shanghai later in the week. shy shanghai later in the week.
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with president xi and she will meet with business leaders and students. with business leaders and students. what this trip is mainly about, post—brexit. post—brexit. this is what isn't in those paragraphs. paragraphs. politicians, should be pointing to their human rights abuses. their human rights abuses. that massive infrastructure project led by china heading west. led by china heading west. would like to see her mention that to give it added credibility. to give it added
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credibility. terms of theresa may's dealings with president xi and china's premier. president xi and china's premier. book on global free trade —— capacity. capacity. but she will describe them as partners going forward. partners going forward. can ignore china now and theresa may is in that position. is in that position. earlier losses, down by 13 points for the nikkei 225. for the nikkei 225.
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thanks for watching, i'm rico hizon, by bye for now. —— for now. —— goodbye for now. of the union address in about 20 minutes. he's expected to highlight the growing us economy. housing scheme. the nec, stepped in to try and halt the plans. 0ur chief political correspondent, vicki young reports. council riven by bitter infighting. themselves labour moderates.
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and accused her opponents of unacceptable behaviour. bullying and politically intimidatoray behaviour. and claire kober said her party had changed. has been deeply troubling. of bigger battles to come within the labour party. that they are interfering in local matters. committee, the nec.
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for the haringey redevelopment plans to be halted. this is a policy issue. labour councillors what is best for the people they represent. left infiltration of the labour party. this is not an anti—private sector position. and imposing their ideology? no, it is about facts and evidence. goes ahead we could be looking at another carillion collapse. providing public housing is a flawed model others are turnin against.
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time now for all the sports news in sport today. hello, this is sport today, live from the bbc sport centre. of the relegation zone. for the first time in his career, and by the video assistant referee. and the countdown has begun. we take a look at some medal hopefuls. of the table and out of the relegation zone. to clear the ball from a backpass, and jordan ayew tapped in.
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tottenham, who have a game in hand. when you make mistakes, you make mistakes. mistakes. of concentration that we had not tonight. tonight. confidence was what was needed in that moment. and i said it was not a miracle. miracle. i said about the analogy that it was not innocent, who cares. that it was not innocent, who cares. he was in hospital. nearer to going out of hospital, but we still have problems. we still have problems. can look to us, but we are not far away to being out of the hospital. by winning 3—0 at huddersfield.

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