tv Asia Business Report BBC News February 2, 2018 1:30am-1:46am GMT
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release a secret memo accusing the fbi of political bias against the republicans. the report is believed to claim the fbi spied on a member of donald trump's campaign team. the fbi has said the document is selective in what it contains. the us has nominated hong kong's pro—democracy activists to be awarded the nobel peace prize, including campaigner, joshua wong, for their peaceful efforts to bring about political reform. and this story is trending on bbc.com police in america investigating the death of the actress natalie wood 37 years ago say they are now treating her husband, fellow actor, robert wagner, as a person of interest. miss wood drowned during a boating trip, in 1981. that's all from me now. stay with bbc world news. and the top story here in the uk: darren osborne has been found guilty of murder after deliberately driving his van into a group of muslims outside a mosque in north london.
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he'll be sentenced later today. now on bbc news all the latest business news live from singapore. apple, alibaba, and is on and alphabet reporting strong news but will investors give them an a+? alphabet reporting strong news but will investors give them an a+? from chicken farm to boardroom, the unusual career path of a tech ceo. iam rico i am rico hizon, you will watch it world business report. good morning asia, hello world. corporate earnings in america and revenues have surged a long list of tech titans. apple has reported quarter
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reve nu es of titans. apple has reported quarter revenues of 80 $80 billion but iphone sales fell short. —— 88. according to the latest earning reports apple is selling fewer iphones than it was last year but it may not be quite as bad as it sounds. the period it measures in the 17 was one week shorter than that in 2016 which may account for the drop of 1%. also, because of the iphone x, the average selling price has gone up to nearly $100 so while they were selling less, they were making more money on each one. —— $800. still they did not smash it out of the park and came in below wall street expectations which is why investors were a bit unnerved. while not a huge lot last quarter for apple, it is certainly not a
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problem for the company going into the year. alibaba also reported its latest numbers and it continues to grow bigger and bigger. alibaba racing revenue forecasts after sales jumped 56% to 13 billion us dollars in the quarter. 0n jumped 56% to 13 billion us dollars in the quarter. on top, it is buying one third of online business. despite these fantastic numbers, stocks are down by 6%? despite these fantastic numbers, stocks are down by 696? that is because investors considered those figures to be a mixed result. focusing on the good parts first, the sales jump so high and it is to do with the fact that alibaba traditionally does well in this quarter because of november in lavant, a quarter because of november in lava nt, a sales quarter because of november in lavant, a sales day which broke records. it lifted all revenue
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figures. another strong aspect has to do with cloud compute in. alibaba investment in that business is paying off. —— computing. they are also extending further into online payment. what about the red flags? china's e—commerce market is showing signs of saturation. alibaba is still king but they're at davids taking on the goliath. offshore... off—line retail. particularly in the area of supermarket. they might be stretching themselves to thing. the main competitor is j. d. stretching themselves to thing. the main competitor isj.d. .com. amis
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on is also posting strong results. —— amazon. google's alphabet is surging past the billion dollar in revenue on strong surging past the billion dollar in revenue on strong online ad business but reported a $3 billion third—quarter loss due to a one—time tax charge. airbnb does not plan to go public even though it is a profitable business. they say they are working on their timetable. airbnb announced several big management changes. its chief financial officer is living and they have appointed a new seat are over. fahmy and will develop and other big winners in india's budget. the budget comes against an election in yet but india is battling an
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economic slowdown and so the government have to balance politics with economics. can it impress voters and investors? as india's finance minister stepped out from his office, plenty of promise in the air, in the end, he delivered the budget many had expected. and within minutes of him starting his speech, it became clear what the government's main priority was... my government's main priority was... my government is committed to the welfare of the farmers because the policy has remained production centric. we are seeking a paradigms shift. the government is looking to improve the lives of the rural population and the government ‘s new scheme would ensure 500 million families, was perhaps the biggest announcement of the day, followed
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closely by corporate tax cuts for small business which many would hope would boost employment. small business which many would hope would boost employmentm small business which many would hope would boost employment. it was fought registered companies rather than this must quantity and turnover. i think it is pragmatic and move that will be looked at very well. unfortunately, a corporate tax reduction shows no evidence that the government will invest more. the government will invest more. the government finances are already stretched and so it will be looking to sell stakes in public sector companies and it is also reintroducing a capital gains tax for health and education, a move which will increase the burden on the. the middle class will also lose out on the costs of consumer goods like phones and tvs. they will now be taxed at a high gear rate, an
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effort to boost domestic manufacturing. industry experts in delhi are not impressed with budget announcement calling many policies just token initiatives. the government is in a difficult spot. india wants and a percent quote rate at general elections are due in over at general elections are due in over a year. the focus of the budget is a rural areas, with two thirds of population living there. the finance and prime minister are hoping a broader base will be happy at the very least. the chief executive of one seattle's most important publicly traded tech companies has a very different story to many business leaders. he spent most of his teenage years in the west african country of togo before moving to france. at the time he had to dream stashed on in the chicken
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farm and plan for paris st germain. he never played for psg but there was another completely different job waiting for him. sometimes your first dreams do not pan out but i started engineering in front and undertook a career in technology. join the communications industry in the late 90s and ended upjoining f5 five months ago. it is such a big challenge, running a publicly that a company in the us. did you want to become a xco? i did stop the technology industry attacks talent from all over the world and all types of background. what lessons did you learn from owning a chicken farm the dreams of becoming a footballer to becoming a chief
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executive? there are lots of similarities. you have to be tenacious, deal with adversity and some of the adversity you face in the chicken farm business. when you join you faced a lot of adversities, disappointing earnings numbers and you also had to lay off people. the company is going through a transition. we have a phenomenal opportunity in front of us because the world is going more digital. the currency is applications and f5 is really the only company in making all the applications go faster, smarter and safer. a big sigh of relief that last week you reported positive earnings in the last quarter? the results are going in the right direction and we are pleased with the progress. f5 support a lot of applications in
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data centres and we have the opportunity to support applications all over and our goal is to support any application anywhere. beyond the f5, what are your dreams? do you wa nt to f5, what are your dreams? do you want to own your french football club? maybe one day. right now my dreams are centred around f5 and growing the company. we have a great opportunity in front of us. the ceo of f5. thank you for investing in your time with us. sports today is coming up next. the top stories this hour: donald trump is set to approve the release of a republican memo that accuses the fbi of bias against him. darren osborne is convicted of driving a van into a crowd of muslims in north london last year. he'll be sentenced later today. a controversial bill has been passed
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in poland to outlaw any suggestion of polish complicity in the holocaust. nazi death camps were built and operated after germany invaded poland, home to europe's largestjewish community at the time, in 1939. israel says the law could stop people from speaking the truth about the holocaust. the bill has yet to be signed into law. russell trott reports. work makes you free— the sign in german above the entrance of the death camp in poland. 6 million jewish people and others were murdered here and elsewhere in the holocaust. allen insists it was blameless. now, a controversial bill has been passed by polish lawmakers to ban any suggestion of complicity in the nazi holocaust and make it
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illegal to describe the death camps as polish. the government says the legislation aims to stop the polish people or state being blamed for nazi crimes. translation: talking about the past and analysing this past, even the darkest, most shameful part, is not threatened in any way. poland is a democratic state respecting scientific research, the right to criticism. at a memorial service at the un, 73 yea rs a memorial service at the un, 73 years after the end of the war, holocaust survivors remembered its big —— victims. israel has objected to the draft was saying poland is trying to rewrite history. some historians say it others were
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complicit. president putin has welcomed a decision to overturn lifetime doping bans on 28 russian athletes who'd competed at the 2014 winter olympics in sochi. sport's top court said there was insufficient evidence to prove doping. the decision means the athletes could take legal action against the international olympic committee. russia is already proposing that they be entered for the winter games in south korea. the mayor of calais has called for extra security measures after clashes erupted between migrants on thursday in the area. lots more as a lwa ys thursday in the area. lots more as always on a website and you can get in touch with me via social media. time now for sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: why
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the lifting of lifetime bans for 28 russian athletes could have serious consequences in the fight against doping. it's first blood to barcelona in their copa del rey semi—final against valencia. and australian open champion caroline wozniacki drops just one game as she cruises through to the quater—finals in st petersburg. welcome along. 28 russian athletes have had their lifetime bans overturned by the court of arbitraition for sport, in a case which could have far reaching consequences in the fight against doping. it could now pave the way for legal action, as they attempt to fight to join other russian athletes who've been cleared to compete as neutrals at the winter olympics in pyongchang. olivia crellin reports.
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