our top story. an earthquake in taiwan has killed two people, and injured 200. emergency services continued to sift through partially destroyed buildings after the 6.4 magnitude quake hit. there are reports that south africa's president jacob zuma could resign — if he can agree a deal with his deputy cyril ramaphosa. mr zuma has been under pressure to quit to avoid a power struggle. and this video is trending on bbc.com. the most powerful rocket in the world has blasted off, making a clean getaway from florida. by the american entrepreneur, elon musk, and it's carrying his old sports car. that's all from me for now. stay with bbc news. and our top story here in the uk: former executives of carillion have spoken publicly for the first time and now on bbc news,

all the latest business news live from singapore. asian stock markets surged this morning after wall street bounces back. bowling touches down at the singapore airshow. what deals will they make? —— boeing. good morning, asia. hello, world. glad you could join us for this edition of asia business report. i am rico hizon. we start off with asian markets and they have opened higher after the mulch will stay on wall street, which saw the main us indices plunge for making record

gains. here is where things stand right now. the nikkei is up by 3%, thatis right now. the nikkei is up by 3%, that is 660 points. the asx all 0rdinaries index is up by i.2%, and the hang seng index, according to the hang seng index, according to the futures markets, will be opening in positive territory. we will have the initial numbers for you in about five minutes‘s time. it is important to keep this wild ride in perspective over a longer period because the markets look very different. the nikkei has gained 14% over the last year. hong kong's main share index, the hang seng, is up by 31%. australia's all ordinaries index showed a 4% gain. however, there could be a lot more volatility in the markets, so is it a good market for retail investors? earlier, i put that question to the

head of trading asia pacific. earlier, i put that question to the head of trading asia pacificm earlier, i put that question to the head of trading asia pacific. it is a difficult market, there are a lot of sophisticated algorithms move in this market around right now. sometimes, it is better to take caution and keep your cash ready, ta ke caution and keep your cash ready, take some ships off the table. ultimately, i think this market is coming back. ithink ultimately, i think this market is coming back. i think this is going to bea coming back. i think this is going to be a short surge low and i think we could have a rebound, are quite significant rebound over the next few weeks. it is very difficult to tell right now but economics, the economic indicators are all proving very positive. the economies are all doing well, that could pretend that equity markets remain strong. 0ver the long run, the equity market should remain solid. 50 the long run, the equity market should remain solid. so we should investors put their smart money during these times of volatility?” think it is always wise to diversify your portfolio. i think one of the problems we had with the equity

markets is there was too much froth in the equity markets and perhaps investors were putting too much into equities and not enough into perhaps gold and bond hedges, ithink equities and not enough into perhaps gold and bond hedges, i think what we are going to see is a little bit more even stephen type investors going forward, we were going to take quite a bit more even keel here. they are going to actually balance their portfolios out of heavily weighted in equities, more towards bonds and also towards gold assets. everyone is talking about the positive economic fundamentals in asia. we saw china grow by 6.9% last year, we are none 6.8%. what are the risks involved in the asian economic story? obviously china is the leader here and as china moves, the rest of the region's economies move. i think a lot of the reform policies that china is putting in place should portend well but ultimately, the wild card in the overall argument is

going to be what the us interest rates are going to do. this has been the biggest obstacle and the biggest near—term risk to our regional assets. uber's founder and former chief executive travis kalanick has testified that his company stole self—driving car technology from its rival, alphabet. earlier, iasked what they hope to gain from his court appearance. what the lawyers are trying to do is basically suggested travis kalanick was at the centre of an orchestrated campaign to steal these secrets from google, and so today when he was on the stand for the first time, day two of the trial and he will be back on wednesday, the story that has been fiction of him is that he was meeting with the former google employee while he was still at google, it trying to create this new

company that would later then be acquired by hoover and form the basis of its self—driving division. —— uber. in the process, google alleges that that former employees stole 14,000 confidential documents and they later formed part of their technology later down the line. they are saying that this is the kind of character travis kalanick is, showing notes and e—mails, reportedly quoting what he was saying in meetings, that he wanted to get pounds of flash is the phrase that he used off google. they have not been able to show that there is a direct connection between those 14,000 files and what eventually became uber's self—driving car technology. that is likely to come in wednesday's session when travis kalanick will be back in court again. that was dave lee in silicon valley. in other business news, mickey mouse and cinderella are

helping disney's bottomline. the company's helping disney's bottomline. the compa ny‘s quarterly profitability bit wall street's forecast. the media and entertainment conglomerate reported earnings per share of $1.89. that was ahead of analyst's expectations. the company has also announced it has hired the creators of hbo's it game of thrones, to write and produce a new series of star wars films. —— game of thrones. and while there are many planes and high—tech gadgets on display at the singapore airshow this week, one thing that is conspicuously missing so thing that is conspicuously missing so far other big—ticket deals. to tell us more about this is our report on the ground at the singapore airshow. look at that jet engine right behind you. what are some of the big deals? well, you're right. we have not really had as

many major announcements this year as previous events. of course, it is only day too, so let's see if we going to get more throughout week. it is curious though because as we were saying yesterday, there is this unprecedented demand for air travel in asia, which means carriers do need to keep more planes. i caught up need to keep more planes. i caught up with someone from boeing, i was trying to get him to break the news for us especially about the reports that singapore airlines's indian subsidiarity is really in talks with them to sell 60 planes right now.” can tell you that the market is very, very keen for the new airplanes. are we talking the markets in india? absolutely. can i give you the specifics? no, they choose not to share. when we look at india, one of the fastest—growing markets around the world. entire

asia—pacific region is a huge market for single aisle airplanes, the biggest market we see moving forward. does that mean we're really starting to see a shift towards smaller planes and jumbo jets like the a380 are pretty doomed? know, when we look at the wider bodied market, it is really about larger aircraft. when we think about aircraft. when we think about aircraft with four engines, we think about the 747. when you think about passenger traffic, you think about forengine passenger traffic, you think about for engine airplanes crossing the pacific, it is really going to be about twins in the future. let me have another go at getting you to break some news for us. the brazilian newspaper reporting that boeing has presented a deal to the government to essentially take over and —— another aeroplane

manufacturer's business. we'll find some way to work together in a tighter relationship in the future. there you go. i did at least try to get him to break some news for us live earlier, which i obviously failed to do. it was also interesting because we spoke to china's state owned plane maker yesterday, they are now partnering up yesterday, they are now partnering up with the russians to start producing planes in the nearfuture. i asked them about that and he said that he considers it to now be a potential threat because there is a growing demand, he thinks that eve ryo ne growing demand, he thinks that everyone has room to grow further and potentially even a new player in the industry as well, so that was very interesting. of course, they will be looking at the shortage of pilots as well. it is notjust about

planes and airports, but the shortage of pilots. thank you so much forjoining us from the singapore airshow and hopefully more deals down the line because she will be at the singapore airshow all week on the asia business report. let's have a look at the asian markets, currently they are surging. the nikkei up by 3%. taking up almost half of what it lost yesterday. —— making. the all 0rdinaries currently gaining 1.2%. thank you so much for investing your time with us. i am rico hizon, bye for now. the top stories this hour: rescue teams continue to search buildings left devastated after an earthquake hits taiwan. asian stock markets showed early signs of recovery after dramatic moves in global share prices in the last 24

hours. families of the victims of the hyde park bombing, carried out by the ira in 1982, have been awarded legal aid to bring a civil action against a suspect — the convicted ira bomber, john downey. his trial collapsed after it was revealed he'd previously been given an assurance by british officials that he would not be prosecuted. 0ur correspondent daniela relph has the story. it was a terror attack from another time, the 20thjuly 1982. an ira car bomb detonated near hyde park, then another device exploded under a bandstand nearby. amongst those killed were four soldiers from the household cavalry, squadron quartermaster corporal roy bright, lieutenant anthony daly, lance corporal jeffrey young, and trooper simon tipper. he was then just 19 years old. for his family, this has been a long and continuing fight for justice. i can sleep easy again. my brother can rest easy

where he is now, and that's all i ask. i don't ask any more. i don't want nothing from this whatsoever. all i want is the truth. john downey was the prime suspect. convicted of ira membership in the 1970s, he was charged with the bombing in 2014. he always denied any involvement, but his case collapsed. as part of the good friday agreement, john downey had been sent an on—the—run letter, it gave him an assurance that he would not face trial. the scheme was heavily criticised. tony blair, whose government implemented on—the—run letters, fiercely defended them. without having done that, we would not have a northern ireland peace process in place today. being able to pay for a civil action is a major breakthrough for the families of those who lost their lives here. there is a long legal road ahead, but now, they have hope. seven horses were also killed in the hyde park bombing,

one that survived was sefton. in the aftermath of the horrific attack, the horse's recovery captured the public‘s attention. the hyde park campaign forjustice now has renewed vigor, even though the impact and pain of events decades ago still lingers. daniela relph, bbc news, hyde park. stay with us on bbc news because at the top of the next hour, we will be live in taiwan for more on that 6.2 magnitude earthquake. i am sharanjit leyl here in london, of course you can get leyl here in london, of course you ca n get lots leyl here in london, of course you can get lots more on our website as well. time now for the sports news in sport today. hello, i'm gavin ramjaun, and this is sport today,

live from the bbc sport centre. coming up on the programme: manchester united remembers the busby babes — 60 years after the munich disaster. bayern dish out a thrashing to reach the semis of the german cup for the ninth time in a row. and the swans are singing. swansea dish out a thrashing in the fa cup. at 3:04pm on february 6th 1958, manchester united's plane home, crashed in munich after failing to reach take off speed due to slush on the runway. 60 years on today, the club's stars of past and present stood silent as the clock ticked to the same minute at old trafford — marking the disaster that killed 23 people.