tv Asia Business Report BBC News September 21, 2018 1:30am-1:46am BST
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south korea's president, moonjae—in, says he's set a goal of formally ending the war on the korean peninsular by the end of the year. his comments come at the end of a ground—breaking trip to north korea. he says kim jong—un wants to denuclearise as fast as possible and concentrate on economic growth. sport's world anti—doping agency paves the way for russia's return to international athletics, provoking a furious reaction from whistleblowers over drugs in sport. and this video is really trending on bbc.com. it shows the newest recruits to chile's police force. these puppies are just 45 days old. they're golden retrievers and they're the youngest members of the canine training unit. when they're fully grown they will be catching criminals. and the top story in the uk: theresa may says her chequers plan is the only credible option on the table for brexit — despite its rejection by the rest of the european union.
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lots more on that on our website. now we cross to singapore for the latest business news, live with rico hizon. a talking microwave, anyone? amazon launches new devices for the smart home to stay ahead of its rivals. china complained about the us at the world trade organization, but it is not about the escalating trade war. —— smarthome. it is friday, everyone. good morning asia, hello world. but you could join us for another exciting addition of asia business report. i rico hizon. we start with the smarthome concept, the idea that almost your entire home is connected to the internet and devices are boys controlled or
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work via an application. for now, amazon's alexa is the biggest selling homeboys assisted on the market. but rivals, in particular google, abbey catching up. amazon revealed in its latest range of devices overnight in seattle, and dave lee was there to see what they have cooked up. literally. one potato. starting potato. six minutes, 34 seconds. laughter. it is really for one big reason, which is a large number of devices, not only in your kitchen, but throughout the house, not yet connected to the great thing of the internet. why would i want to, in the case of a microwave? what is the point of having that on the internet?” microwave? what is the point of having that on the internet? i asked myself that when we first thought about the product, but after having
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used a couple of months, you would be surprised at how complicated they are. what happens is you end upjust using your microwave for very simple use cases using your microwave for very simple use cases because using your microwave for very simple use cases because the hard. —— because the hard ones are hard. why would i buy what you have made are not just speak to why would i buy what you have made are notjust speak to google assista nt are notjust speak to google assistant and siri? for a couple of different reasons. firstly, when you think about assistance that on phones, any of those you have mentioned and others, they are optimised for the phone. a lot of times their answers have to show you something. they do not actuallyjust do it in voice. and we don't want
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drivers to be distracted by looking at their phones, which is bad, and this way, we present everything via audio. is there a risk for amazon trying to put their eggs and 70 places, that people will just say, put their eggs and 70 places, that people willjust say, you know, back off? they are aware of possiblyjust putting too much out there. —— trying to put their devices into many places. what works you might not work for me. you know what, i ready have one of these voice assistance at home, and they are really useful. moving on to china, and it is getting its day of the world trade organization, which will
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be examining a trade dispute between the two biggest economies of the world. we're not talking the recent complaint china has made against the us about its trade tariffs. this particular case dates back to december 2013, when beijing disagreed with the way washington assessed whether certain chinese exports have been dumped at unfairly low prices on to the us market. china says as a result it suffered more than $7 billion in duties, annually. it is seeking permission from the wto to impose the same amount in sanctions against the us, as allowed under wto rules. i asked if the us is likely to comply with the decision. i do think the us will comply if the world trade organization allows china to sanction the us or pay a fine, if
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they say the us needs to pay a fine. i think viewers will comply. unless the writ was to leave the world trade organization, which very unlikely. iris pang in hong kong. it is less than six months from the uk's exit from the eu. theresa may is meeting with eu leaders in the austrian city of salzburg. she says britain has shown that ability in negotiations, and the eu should also compromise as the clock ticks down to 2019. theresa may says that her roadmap, known as the chequers plan, is the only way to avoid a no deal exit from the eu. we go to our corresponded in salzburg. on brexit, theresa may's plans have been described as unworkable. bonaparte, theresa may said there was no counterproposal on the table at the moment, and emmanuel macron of france that the troubles being faced
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at the moment showed that those who said britain would be easy were liars. -- said britain would be easy were liars. —— for her part. said britain would be easy were liars. -- for her part. bethany bell there. and now the story of the needles in australia. ajail term has been increased to 14 years for contaminating food items. —— 15 yea rs. contaminating food items. —— 15 years. bill nelson explains why it has been a challenging crisis for farmers to handle. -- paul nelson. this is an unusual crisis, and crisis management is was difficult for organisations. there is typically a ceo and management team responding. but at this stage can we have desperate farmers all over the country trying to respond. yes, they have been slower than they perhaps could have been, but the media with oui’ could have been, but the media with our 24—hour, 24/7 news cycles, it means that it is omnipresent, and the story has been fuelled through
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the story has been fuelled through the media's need tojust the story has been fuelled through the media's need to just get, the story has been fuelled through the media's need tojust get, to get the media's need tojust get, to get the story out there. fans of blockchain technology say it has the potential to disrupt many industries from shipping logistics to digital payments. and into the real estate sector, some companies are developing smart contracts that can allow users to buy and sell properties without all the middlemen like tidal companies or attorneys. my like tidal companies or attorneys. my next guess is that they and to be the next big wave in the present industry. but automating the industry. but automating the industry is not an easy feat. can it be done? i put the question to our guest. we are based in silicon valley and we are using the most latest cutting—edge technology to automate real estate transactions. especially blockchain. there is a great technology that allows us to bring transparency and liquidity to
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real estate training processes. what are the middlemen, the agents, what they say that you will cut them off eventually from the system? companies are calling us, broke —— brokers, they are calling us in telling us they want to be part of the process. they are helping us to close transactions. they actually enter propy to close transactions, and they do the same work that they did before, but they do it electronically. so when they want to close the transaction, they pay the same paperwork, but electronically, a payment, also everything on one platform. but there is a lot of riskier, a lot of information in blockchain technology, and of course we are increasingly seeing episodes of companies being hacked for their digital data. is it safe putting all the information in this blockchain technology? that is true. this is
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where, again, blockchain has a very important role. because conventional companies often have those single entities that control and secure data. this data is often being breached by internal employees. in the case of blockchain, which is a decentralised way of storing data, it is impossible to change all historical data without anyone noticing it. this is what is called a chain. in your recent blog, and you mentioned that there had been a lot of enquiries, but agreed in china, unlike buying in singapore and the united states and europe. but despite this, you have capital controls in china and a battle over currency. are you having trouble is the? no, increasingly, chinese buyers are looking to find their home on propy, and to close a transaction. —— are you having trouble is here. a lot of
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individuals in china have their money out of the country. but there was also a middle class in china that are willing to spend $50,000 within capital control, or $100,000 for a within capital control, or $100,000 fora cup within capital control, or $100,000 for a cup holder, and we have amazing properties in ukraine, bulgaria, eastern europe. that was natalia karayaneva, the founder and chief executive of propy. we go quickly to the markets, and asia is 110w quickly to the markets, and asia is now in positive territory in early morning trade. the nikkei is up by 135, and the all ordinaries got 36, due to record highs for the dow and s&p 500 on wall street. they give for investing your time with us. sport today is coming up next. —— all ordinaries. just before sport today, we bring you up—to—date with oui’ today, we bring you up—to—date with our top stories. south korea's president wraps up a landmark trip to the north. he says kimjong unis keen to de—nuclearise quickly, so he can concentrate on economic growth. there's been a furious reaction from whistle—blowers as the world anti—doping agency lifts russia's three year suspension.
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the mother of the westminster bridge attacker has told an inquest that she is "utterly ashamed" by what her son did. khalid masood killed four people when he drove a car at pedestrians on westminster bridge in march last year. he then stabbed a police officer to death outside parliament. our home affairs correspondent, daniel sandford reports. on the day before the westminster bridge attack, khalid masood was seen joking with a hotel receptionist. but today, his family described a more violent man. his mother worried he would kill someone in a drunken fight. imprisoned for knife offences, he converted to islam. the violence then stopped, but an interest in extremism began. this is an audio recording of him criticising his wife for not supporting so—called islamic state. i never hear you say there's any good in the isis, i never hear you say any
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of their people might be sincere and genuine muslims, sunnis. i never hear you say at least they're fighting against the shia, they're doing some good. today in court, but giving evidence out of public view, his wife spoke directly to relatives of the people he killed. "i'm sorry that i was not more vigilant," she said. "he made me to trust him and i had no reason to doubt him." in tears, rohey hydara told the families, "i can't believe i was married to someone that evil," and then she said, "i hope you'll find closure at the end of this and move on and not let him win." masood's mother, janet ajao, recalled the last thing he told her. "he just looked at me and said, they'll say i'm a terrorist, but i'm not. at the time itjust seemed, what is he talking about?" but on the day of the attack she saw the ten o'clock news and then she realised. "as soon as i saw the body, ijust knew, and it made sense to me, what he'd said as he was leaving." as he set off to kill five people in westminster, khalid masood sent this picture to his wife and friends.
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it was him in mecca on a pilgrimage. daniel sandford, bbc news. it has emerged that one of the suspects accused of carrying out the salisbury nerve agent poisoning may have visited the uk three times in the last two years. documents obtained by the investigative group found that alex petrov visited the uk several times and other parts of europe. as usual, we have much more on our website. you can get into it with me and some of the team on social media. i am @bbckasiamadera. now on bbc news, sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme:
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wada lift the suspension of russia's anti—doping agency in a move that is labelled as treacherous by those opposed to it. tiger woods eagles the last hole to hold a share of the lead after the first round of the tour championship in atlanta. defending champion caroline wozniacki is out of the pan pacific open in tokyo after losing to camila giorgi. hello there and welcome to the programme, where we start with the decision by the world anti doping agency to lift the suspension of russia's anti—doping agency. rusada have been banned for the best part of three years after evidence of state sponsored doping on a mass scale, but they've now been
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