tv Asia Business Report BBC News August 10, 2018 1:30am-1:46am BST
1:30 am
hit a school bus in rebel—controlled northern yemen. the saudi—led coalition said its air strikes were aimed at militants who target civilians, and were in retaliation for a rebel rocket attack. the red cross says at least twenty—nine children died. the number of people killed in last week's earthquake on the indonesian island of lombok, has risen sharply to over 250. more than 150,000 are now homeless. and this video is trending on bbc.com. it's about how the fast pace of life in china can impact young people's mental health. a 17—year—old's revelations of her work stresses on social media reached more than 33 million people on the sina weibo website. that's all. and the top story in the uk. england cricketer ben stokes has defended his actions during his trial over an alleged brawl. now on bbc news, live to singapore for asia business report.
1:31 am
the two leaders say they are good friends, but can japan the two leaders say they are good friends, but canjapan and the us by an out their differences on trade? the battle of the smartphones. sales are slowing, but send some drastic and vince coppers —— customers to upgrade their old phones. —— but send —— samsung. hello and welcome to asia business report. crucial talks between the us andjapan are report. crucial talks between the us and japan are taking place in washington, the world ‘s first and third biggest economies are not getting along quite so well when it comes to trade. president trump isn't happy about the huge trade deficit and washington is considering a 25% tariff on cars and
1:32 am
car parts. that would have a big on japan's economy. it is expected the two sides will come to a reasonable agreement. there is a very good chance that we get some sort of constructive agreement here. effectively we know that the trump administration is transaction oriented, they want result is. the result means more exports from america to japan and she is our bay does have a big little magic card here, increasing defence spending in japan would immediately be very positive news for american exporter is. defence is at the point, but also beef and soy beans, the us wa nts to also beef and soy beans, the us wants to see tariffs on that lowered for products going into japan. you got the agricultural side there but in terms of what can make a big tent here, it really is the military
1:33 am
equipment, the strategic equipment that nobody but the united states can sell to japan and it dovetails well with the prime minister ‘s domestic agenda because he is very focused on strengthening japan's independent. the latest growth figures from japan have been released and its economy grew by 0.5% from april to june, released and its economy grew by 0.5% from april tojune, that is stronger than what most economistss expected, but this is backward looking data, the impact of tariffs is yet to be reflected. now let's talk technology because samsung has just unveiled its latest smartphone atan just unveiled its latest smartphone at an event in new york. competition —— competition in the global smartphone market has been fierce, particularly as global sales have stalled. the all new galaxy note nine!
1:34 am
samsung is placing a big bet on its biggest smartphone yet. the note nine, packed with extra features the company is hoping that the so—called halo model will hope revive sales of all of its smartphones, after it it lost market share to rivals. samsung is betting that customers will shell out for what it calls a supercomputer in your pocket. the basic note nine will cost $1000 with the extra memory model costing $1250, making this the most expensive smartphone on the market. so what you get for the hefty pricetag? we have beefed up the battery on the device and for the first time ever we have a 4000 milliamp battery. all day, 24 hours? what else do you get? plenty more. we have double the memory on the device. the note nine also has a
1:35 am
bluetooth device. the note nine also has a blu etooth stylus device. the note nine also has a bluetooth stylus that at —— allows you to take pictures remotely. but will be speeches be enough, particularly in a stagnant smartphone market with more competition than ever before? well, the smartphone market is increasingly becoming difficult. we are ina increasingly becoming difficult. we are in a saturated state of the market right now, growth is not good to be expected to be very strong and hardware vendor is our finding it increasingly difficult to differentiate. samsung moved up the launch of the smartphone to get ahead of apple's launches later in september. to attract a wider audience it partnered with more youth focused companies like epic gains, the maker of the popular fortnite. the question is whether consumers will buy samsung's pitch that bigger really is better. i asked a technology analyst if the
1:36 am
phone has a mass appeal with a pricetag of $1000? apple has been able to do that with the iphone x to some degree of success. samsung is hoping to do the same. definitely for samsung with it rained image in the premium market not as strong as apple. they need to use many more tricks up their sleeves, promotional campaigns, or other offers backwards to stimulator manned and spur upgrades. with around 1 billion active users, instagram is becoming an important brand engagement platform to reach young consumers in india. among its many users who are breaking created barriers is a young man who is recovering from cancer and found her financial independence. she is competing against those who can pay for more
1:37 am
followers as well. for this young girl in a north indian city, these videos are the reason to live life on her own terms. what started as a hobby after her battle with cancer has now flourished into an online career. in just three years she has pretty to thousands followers and then there isa thousands followers and then there is a closet full of clothing and merchandised brands reaching out for online collaboration. in a small town like this it is kind of hard to get a stable, good job and me being a cancer survivor, it is a really great opportunity for me, staying at home making videos and earning through it is a real good career opportunities. with the ability to shoot and edit from her phone, she
1:38 am
has caught the fancy of new singers. they pay her up to $300 to have her songs featured in her videos. she wa nts to songs featured in her videos. she wants to hunt about an followers in the next few years but there are others who cannot wait. they are willing to spend money to buy followers and become instant celebrities and in turn be paid by brands for online promotion. this start up in india's capital is serving such clients with their customised plans. our plans start from 7100 —— $70 to 100 dollars. when they pick plans on a longer duration, if they take a yearly plan with a cost of up to $6,000, they get approximately $100,000. from selecting trending hash tags to connecting with their network of
1:39 am
paid influences, they are accounting every click in the billion—dollar indian instagram economy. it is the material of modern times. iam it is the material of modern times. i am talking about a stick. it was created in 1907 and is used in everything from toys to computers to r . everything from toys to computers to weaponry. aaron hassell hirst tells the story of this million—dollar idea. it is plastic! you find it in this, in this, in this and even in this. but who first made it? well, go back to the early 20th century. companies we re to the early 20th century. companies were using this. it is a resin to insulated electric wires. but he was the problem. because it came from far—flung forests, it was very expensive. to enter this work, the
1:40 am
opaque lend, he was looking for something cheaper. in 1907 he extra did a chemicalfrom coal, it was mouldable at tough. he called it back light and used it to make early telephones, radios and cameras. in the 1930s, all types of plastic followed. polystyrene, polyester, pvc. nowadays, the world churns out re-35,000,000 pvc. nowadays, the world churns out re—35,000,000 tons of plastic every yea rs. re—35,000,000 tons of plastic every years. earning the makers half $1 trillion. but tragically, every year, 30 million tons of the stuff ends up in our seas. but don't worry, all this plastic, it would be composed in about 1000 years. here isa composed in about 1000 years. here is a quick look at how the markets
1:41 am
are faring around the region, you can see that the nikkei in tokyo has opened slightly lower as investors await the outcome of those us japan trade talks. they seem to be shrugging off that solid japan growth data. 0ver shrugging off that solid japan growth data. over the us overnight, the dowjones growth data. over the us overnight, the dow jones industrial average dropped slightly, also on the back of those trade concerns. that is it from me for this edition of asia business report. x for watching, join us again. —— thanks. 0rken to bbc news. the headlines: —— welcome. an airstrike has hit a school bus in rebel—controlled northern yemen, killing and wounding dozens of children. the number of people killed in last week's earthquake on the indonesian island of lombok, has risen to more than 250 a county council facing a funding shortfall of around £70
1:42 am
million has approved a plan for huge cuts to jobs and services. the conservative—run northamptonshire county council backed the proposals at a crisis meeting. campaigners against the cuts say they'll hit services for children and vulnerable adults. alison holt reports. it's people like roxanne who relies on 24—hour a day care, paid for by northamptonshire county council, and families like the bakers who will feel the pain of the action plan approved by councillors today. the baker children have a range of learning and physical disabilities. their mum fears the £70 million of council cuts will mean important help won't be there when needed. these children didn't ask to be born with these difficulties, these families didn't ask for these battles and yet that's what they face, day in and day out. and they have enough difficulties managing behaviours and managing medical routines, day to day, that to add a lack of service on top of that, it's just pushing families over the edge. and it's the uncertainty that really
1:43 am
worries 34—year—old roxanne and her mum. roxanne has a neurological condition and feels she needs more support, not less. my fear is that the county council is... just going to tell me that... they're sorry, but they don't have the money. the county council cannot continue to spend money it does not have... but today's meeting started with another warning for the conservative—run authority from its financial officer. councillors promised to protect the most vulnerable, but voted through the plans for a radical reduction in services, despite some opposition. but northamptonshire is not alone in having problems. many county councils say they're
1:44 am
facing financial difficulties and warn that reducing services to a minimum could soon become the norm. 0ther tory—run councils, like surrey and east sussex, have also said they face tough financial decisions. they blame significant cuts to the grant they get from central government. you're looking forward to getting home if possible? the leader of kent county council leads the organisation representing county authorities that provide services like this care centre. there are a number of other local authorities, four or five that i know of, that are teetering very near the cliff edge and all of us are struggling to balance our budgets next year, without making draconian cuts in frontline services. now on bbc news, sport today. hello there, i'm tulsen tollett
quote
1:45 am
and this is sport today, live from the bbc sport centre. coming up on this programme: gary woodhouse leads the us pga championship, and this man — his compatriot, rickie fowler — by a stroke after the first round. four—time champion novak djokovic is knocked out of the toronto masters in the third round by greece's 19—year—old stefanos tsitsipas. and turkish delight in berlin, as 200m world champion ramil guliyev adds the european title to his collection. hello there and welcome to the programme, where we start in missouri at the us pga championship, with gary woodland the one stroke leader after the opening round at bellerive. the american carded a 6—under first round of 64 in the year's final major and leads compatriot rickie fowler by a stroke,
91 Views
IN COLLECTIONS
BBC News Television Archive Television Archive News Search ServiceUploaded by TV Archive on