presidential and parliamentary elections. the victory confirmed by the electoral board will give him sweeping new powers. but the opposition says the outcome is still not clear. the german chancellor says eu leaders have agreed that countries on the front line of europe's migrant crisis cannot be left alone to carry the burden. the italian prime minister said he felt the debate went italy's way. and this video is trending on bbc.com. as south korea moves closer to banning dog meat, diners have tucked into bowls of stewed canine in south—western china as part of the yulin dog—meat festival. around 10,000 to 15,000 dogs are estimated to be killed each year. that's all from me for now. stay with bbc news. and the top story here in the uk: a couple from manchester in their 70s have been murdered injamaica where they'd retired. now on bbc news, all the latest business news

live from singapore. is china's central bank preparing for a trade war with the us by cutting its requirement for some banks? and we will go to costa rica to meet a man who gives new meaning to meet a man who gives new meaning to the term highflying job. good morning, asia. hello, world. welcome to another edition of asia business report. it's a monday. glad you could join us. i'm report. it's a monday. glad you couldjoin us. i'm rico report. it's a monday. glad you could join us. i'm rico hizon. the start of a brand—new trading week. we start with news from china. the central bank announced on sunday it is cutting the amount of cash some banks need to hold as reserves by 50 basis points. this will free up over

100 billion us dollars from commercial banks to wind muggy to boost spending. is beijing preparing for a trade war? it may not be the main intention, but it certainly will. they are turning to a more domestic rather. they are managing it better on shore. i think the fact they have directed this towards lowering the burden of financing, and having loans for smaller companies, it means the external trade will be better. it looks like we are now in serious territory. the past few months have been rhetoric and threats. now we have serious concrete initiatives from the chinese government to protect themselves from a trade war. yes.

they cannot predict with any certainty exactly the measures they will use. some have felt donald trump is saying these things for leverage. there is the sense there will be tariffs imposed. the question is to what extent and for how long. they are taking steps for insurance. they need to do so against a insurance. they need to do so againsta minimalamount insurance. they need to do so against a minimal amount of tariffs. as the us and china prepare to implement trade tariffs next week, one industry racing for impact is the shipping business. china is the top destination for ships coming from the us in two categories, tankers with oil, and dry bulk ships with things like beans. analysts have said that it may be a while until we see the effects, but

shipping will see them immediately. we are already seeing effects in the shipping market. the dry bulks, more ships are moving from the gulf of the us to brazil where they can move soybeans easier. we are looking at august and september as the timeframe. we are seeing. impacts down the line. with these talks, finding alternative destinations to port, what does this mean for prices? it will depress prices ultimately for us —based soy beans and us —based agricultural products, encouraging some shipments at the us into regions, possibly europe. but ultimately what will happen as we are creating market inefficiencies, and it will lead to higher prices for everyone down the food chain, as it were. speaking to me earlier from london. market news from china. the

country has been trying to attract technology giants to float shares back home. but the country's maker is delaying the sale in the mainland indefinitely. hong kong has recently changed the rules to make it much easierfor changed the rules to make it much easier for technology companies to list in hong kong, especially these dual class of shares, much like google in the us, meaning some insiders, founders, get to keep control of the company, and other investors want to make some money out of it but they do not have voting rights. the idea is to keep the insiders and geniuses in control. briefly, the hong kong

stock exchange, the seventh ofjuly, watch demand is there for shares? they scaled back. there was talk of $10 billion to give the whole company and a value of $100 billion, giving 10% to the shares. now, more modest, up to 70 billion, the total of the company. the anti— plastic movement has been gaining momentum with companies stopping the use of plastic bags in stores. this is the largest ethical manufacturer of bags and the company supplies canvas bags to topshop and tesco. we asked what is happening. my life motto is to not be boring. did not look horizontally and

sideways, always think ahead and what the customer may need, what can you develop? what advantage can you exploit? those who innovate survive. it is actually a very interesting dynamic between my father and i. at the office i am just like any other employee. we have a professional relationship. i do not address him as my father. i sign off my e—mail signatures with my surname so we had no nepotism. there are no hard feelings or emotions involved to be just business facts. —— involved.

have you ever flown a trap is? jonathan has dedicated his life to it. -- jonathan has dedicated his life to it. —— trapeze. he has founded the largest school of the flying trapeze. he sold his company and moved to the jungles of costa rica and spends his days swinging and somersaulting above the trees and teaching others how to take the plunge. we have a report from costa rica. when you are in the air, you are not only feeling the elevation and the lift, you are also feeling the gravity of it all. you could die. you could achieve the impossible. all of that is true at the exact same moment. jonathan had never touched a trapeze and the age

of a0. never touched a trapeze and the age of 40. a never touched a trapeze and the age of a0. a few years later he was running the world's largest flying trapeze school. he is now nearly 60 and still swings from it every single day. in his career, he has trained amateurs, professionals, and celebrities, including sarah jessica parker, for an episode of sex in the city, but three years ago he gave it allup to city, but three years ago he gave it all up to move to the jungle in costa rica. this is where he teaches 110w. costa rica. this is where he teaches now. one of the things no one tells you when you go after the american dream is if you get can overwhelm you and make you sick and you can lose your way. letting go of the american dream was a hard thing to do. you get used to having a solid income and people recognising new. before he discovered the trapeze, he studied psychology and worked as a therapist. now he is using aerial a rts therapist. now he is using aerial arts to help people overcome fears. i have worked with schizophrenics and people with head injuries,

abandoned children. i was always trying to understand what affects the human psyche and what breaks down and built it back up again? the first time i saw the flying trapeze i noticed everyone going up was terrified, but when they actually accomplished taking a swing, they looked back up from where they jumped and realised that was an amazing thing i just jumped and realised that was an amazing thing ijust did and i survived. if i can do that what else cani survived. if i can do that what else can i do? bbc news. iwill never survived. if i can do that what else can i do? bbc news. i will never try that. i have a fear of heights. before we go, remember, we told you about the first fatal crash of a self driving the car in the us back in march. —— uber car. according to a police report she was recording a police show on her phone and it was highly avoidable. some companies

halted after the crash but this may change their minds. a lift in asia after the us stocks climbed on friday despite rising trade tensions. and 0pec agreed to only a modest production cut. the dow is up. the nasdaq, lower by four. than for investing your time with us. i am rico hizon. —— thank you. sport todayis am rico hizon. —— thank you. sport today is coming up next. the top stories this hour: president erdogan has claimed victory in turkey's elections and his vioew has been backed by the chief of the electoral board. but the opposition hasn't accepted defeat. president macron insists eu leaders have all ruled out forcing refugees back to where they may face persecution. new measures to tackle childhood obesity in england have been announced by the government, including plans to ban shops displaying unhealthy snacks at the checkout. here's the bbc‘s health editor, hugh pym. looking after the health

of future generations. that is the aim of the government's plan. this class is run by us mums, a healthy lifestyle initiative developed by hull city council. the view here is any help in choosing the right food for the family is welcomed. i think unhealthy food is just way too cheap and it is just easier for everybody to, you know, just get unhealthy food when you are out. just go in somewhere and pick up something, like chocolate, or a packet of crisps, on the go. the government plan for england includes restrictions on unhealthy food promotions, including sweets at the tills, calorie information in restaurants and a ban on tvjunk food advertising before 9pm. a poll for the bbc by the health foundation showed 67% support such a ban. these measures were all considered by david cameron in 2016, but then put on hold when theresa may became prime minister. all these options were available two years ago, you did not take them, was it a wasted opportunity? you can always do more, but i think what we did two years

ago was we said we wanted to reduce the sugar content in food consumed by children by 5% in the first year and if we did not deliver on that, we will go further. well, industry didn't deliver on that, so today we are going further. the plan also includes an exercise boost for children, spreading the daily mile initiative to every primary school in england. after reading the detail of the strategy, some health campaigners said they had reservations. we welcome the plan, it is definitely a step in the right direction, however many of the actions are subject to consultation and we don't know if they will actually take place. further more, we think that there needs to be other areas that need to be looked at and considered for the future. the food and drink federation said there had been deep disquiet in the industry and there will be intense scrutiny of how the measures might work. the government wants every restaurant and cafe to set out the calorie content of each dish on its menu. now, that is a big ask, especially for smaller outlets and a lot of detail will have to be worked out of how it is going to be implemented after the consultation process.

scotland's first minister nicola sturgeon who recently met celebrity chef jamie oliver has made her own pledge to halve child obesity. a plan will be published soon. hugh pym, bbc news. time now for all the sports news in sport today. ‘s hello, i'm gavin ramjaun and this is sport today, live from the bbc sport centre. coming up on the programme: it's a panama hat—trick for harry kane, as england storm home 6—1winners at the world cup, with kane top of the goalscoring charts. plenty to play for in kazan, where colombia turn up and give a masterclass, and send poland packing. and lewis hamilton dominates to win the french grand prix and regain top spot in the drivers' championship.

hello and thanks for joining us on sport today. the goals keep coming at the world cup. 1a on sunday, in an action packed day, which saw england seal their place in the last 16. we're into the final group games now — and there's all to play for in group h, where one of colombia, japan or senegal will be going out. 0lly foster's in moscow for us. exactly the way from the world cup final in moscow, england have taken a step towards that. one they couldn't manage four years ago in brazil, but they have qualified for the knockout stages. that is after they thrashed panama, 61 the final score. “— they thrashed panama, 61 the final score. —— 6—1. the captain harry kane scored a hat—trick as well.