for sexual assault. the judge labelled cosby a sexually violent predator. he will serve between three and ten years in prison, and must undergo counselling for life and be listed on the sex offender registry. president trump has delivered a robust defence of his policies in an address to the united nations, saying americans reject the ideology of globalism and embrace patriotism. he also strongly criticised iran's leaders, accusing them of sowing chaos. and this video is trending on bbc.com: the duchess of sussex on her first solo royal engagement. meghan joined guests at the opening of an exhibition of works from the oceania region at the royal academy of arts in central london. that's all. stay with bbc news. and the top story in the uk: the labour party conference has approved a motion that could permit another eu referendum. they voted for the party to keep all options on the table if mps are deadlocked over brexit.

now on bbc news, live to singapore for asia business report. the us agreed to expand trade framework, but this tokyo next in line for a trade war or a trade deal? in the smartphone revolution is one that india is embracing wholeheartedly. we find out how. good morning, asia. hello, world. it isa good morning, asia. hello, world. it is a wednesday. glad you could join us is a wednesday. glad you could join us for this midweek edition of asia business report. i'm rico hizon. we start off with the us and japan and fresh off his trade agreement with

south korea, president trump is looking for a deal when he meets japanese prime minister shinzo abe today. the two have always on the surface, as you today. the two have always on the surface, as you can today. the two have always on the surface, as you can see, appeared very friendly and getting along, but how will they get on with trade negotiations? automobiles and agriculture have always been a sticking point between the two. president trump has made it clear he is unhappy with japan's $69 billion trade surplus with the united states. nearly two thirds of that are from water exports from japan, and he says he wants to weigh a agreement to assess this. our a nalyst says agreement to assess this. our analyst says they need to agree on a broad framework to expand trade between the two countries —— two way a agreement. on automotive is, broadly speaking, japan has done everything it can do to make a fair playground. no import tax the us ca i’s playground. no import tax the us cars or any other foreign cars into japan, and on agriculture, while

japan, and on agriculture, while japan is still an important market, the fourth—largest import destination for us agricultural products, from its tpp standpoint, some of the import tariffs eliminated, but not to the level perhaps that president trump is wanting. do you think that with these concessions we will see a narrowing of the $69 billion trade surplus between the americans and the japanese? i think you will have to see some of it, but it may be outside these arenas and it may spill into the fta discussions. so on some categories there will be concessions but i don't think it will be a major cut into the $70 billion trade deficit. well, it is safe to say that this next story is the most hotly anticipated hotpot stock debut this year. haidilao has a reputation for keeping customers

waiting for more than two hours, just like myself, for a table, and has suffered a couple of very high profile food issues. but the beijing —based hot pot chain has been raising eyebrows for another reason this week. it looks like it is on track to raise nearly $1 billion by its initial public offering in hong kong today. the firm has private shares at the top end of the indicative range, at the manager says it is a solid brand that has clearly excited investors. so what is very interesting as they saw that demand and now they are going to raise the money to almost double their footprint and expand raise the money to almost double theirfootprint and expand into new geographies. so it is very, very exciting. this is what... and it is a simple story. it a success story indeed, but could market sentiment hurt its stock market debut?” indeed, but could market sentiment hurt its stock market debut? i think on historical numbers of valuation looks high, but if you look forward the actual growth is very tangible. it is not something that you can't

foresee how they will grow. every store ta kes foresee how they will grow. every store takes one to three months to break even, and that is a huge return on investment, so to me the growth is very solid and very quickly they reach valuation where it is very reasonable. what about its food hygiene issues? one of its singapore branches shut down temporarily. do investors care about this? absolutely. i think this is the risk embedded in this stock, that part of the proceeds will be invested in technology to improve their food invested in technology to improve theirfood hygiene. so we do hope from here on things will improve. but it is one risk that investors do need to take into account. jun bei liu joining us earlier from need to take into account. jun bei liu joining us earlierfrom sydney. smartphones have become an indispensable tool for doing business, and a way of life in india. not only is the country one of the biggest markets for the devices, but it is also attracting global brands to set up their manufacturing bases there. for our

special series, our correspondent reports from the country's emerging smartphone manufacturing hub. this 28—year—old walks these small lanes to get to work every day. she lives in the slums of delhi, where clean water and electricity are a rarity. asa water and electricity are a rarity. as a single mother, she works as a domestic help, earning around $80 a month to support her children. but there is one luxury she has been saving up for. at $150, a smartphone helps her daughter with her schoolwork. translation: i asked my employer to help me by phone, it is with this smartphone my children can surf the internet and do their research for homework. mamta is one of 300 million smartphone users in india. a market that is second largest in the world after china, and that is attracting global phone makers to set up their manufacturing base in india. the latest entrant is

south korean giant samsung, which has opened the world's largest phone factory here in india. just a few kilometres from the national capital of india, delhi, is this mobile phone manufacturing company called noida. there are at least 25 brands which have set up their factories around this area, providing tens of thousands of jobs. almost around this area, providing tens of thousands ofjobs. almost 30% of smartphones, that is 30 million, are manufactured from this area. noida's appeal comes from two major factors, government policies and location. but not everyone is welcoming foreign phone makers to set up shop here. for indian brands that have been operating out of noida for long, chinese companies are eating into their share of the smartphone market. the supply chain is very important for this business, and we started working on that. so i am

sure by the actions that we are taking, we will be highly competitive compared with the chinese brands. but experts say there is room for everyone. two yea rs there is room for everyone. two years ago, india's wealthiest man sparked a price war by offering ultracheap data plans on his network. this has increased the number of network users, leading to higher demand for smartphones. for buyers like mamta, they are hoping that more competition will lead to affordable smartphones as well. although some british bars and pubs have been struggling since the economic downturn, others have been reinventing themselves by taking on themes and offering customers new experiences. but young people today drink less than previous generations, and when they do drink, they tend to drink at home. as a new harry potter inspired bar opens in london, could concept bars change

millennial ‘s‘ drinking habits? —— millennials'. i was studying computer programming and design, and i realise that a lot of the concepts i was reading about in fantasy books were actually real, andi in fantasy books were actually real, and i thought, you know, if you just combine the right elements, then we can make the fantasy world come to life. the model of the business assumes a certain amount of financial risk, but it is not like we have taken out

a lease for 20 years without knowing if the concept is good. everybody that works here is a scoundrel or a vagabond, somebody that has been through the war, so we all try to speak with a 1940s sort of twist, cockney rhyming slang, that sort of thing. experiences are more what people are looking for now, because cocktail bars, there are so many. now, because cocktail bars, there are so many. you need something to differentiate yourself from everything else that is out there. very interesting bar concepts. let's

have a quick look now at the markets, and asia is currently moving sideways. mixed at this hour in early wednesday trading, after wall street basically was mixed as dealers track oil prices on the eve of the us federal reserve's latest interest rate call. we have the nikkei 245 interest rate call. we have the nikkei 2115 down but australia was up due to higher commodity prices. thank you for investing your time with us. i am rico hizon. sport todayis with us. i am rico hizon. sport today is coming up next. this is bbc news. the top stories this hour: bill cosby has been sentenced to between three and ten years in prison following the us comedian‘s conviction for drugging and molesting a woman. president trump addresses the un on everything from iran to north korea. he also says he rejects globalism in favour

of the doctrine of patriotism. one of the victims of the contaminated blood scandal that's affected tens of thousands of people in the uk since the 1970s has called for those responsible to be prosecuted. as victims, families and lawyers made their opening statements at the inquiry, the scottish government was heavily criticised for not being a key participant at the hearings. our health editor hugh pym reports. thejudge heading the inquiry has clearly struck the right note with those present. good morning, all. applause sir brian langstaff has said he wants to put people at the heart of the inquiry. thank you very much. ..fight for the affected community... della, whose son died as a result of his haemophilia treatment, was one of those who spoke. we have an inquiry, with a judge and a team who are totally committed to bringing out all the truths and untruths of this terrible tragedy. thanks, guys. applause

and then, unusually for a public inquiry, there was a hug from the judge. michelle had transfusions in the 1980s, but had no idea she was infected with hepatitis c by contaminated blood ‘til three years ago. she wants those in authority held to account. those responsible for this historic and horrific tragedy, which has lasted decades, must be identified. applause they must be held responsible for the consequences of their actions, and prosecuted, if necessary. a lawyer for some of the victims and their families told the inquiry there were reports that civil servants had deliberately destroyed documents to try to draw

a line under the disaster, including the private papers of a secretary of state. there is frustration the scottish government is not fully involved at the start of the inquiry. it's really important that scotland engages with the actual process that it then has to follow up on, which is why we've been so surprised that they're holding back at this stage. the scottish government says, if certain issues are resolved, it will participate. other than that, campaigners seem reassured by what they've heard so far. hugh pym, bbc news. now on bbc news, sport today. hello.

i'm tulsen tollett. this is sport today, live from the bbc sport centre. coming up on this programme... trouble ahead for jose mourinho as he leaves paul pogba out of the manchester united team for the english league cup match that they lose on penalties to second tier derby county. a former player denies bayern munich, as the bundesliga champions lose their perfect start to the season against augsburg. and fresh from his first win in five years tiger woods is in france as the usa team prepare for the ryder cup against europe. hello and welcome to the programme. we start with football news. manchester united have been knocked out of the english league cup in the third round by second tier side derby county after being reduced to ten men in the second half when goalkeeper sergio romero was sent off. minus paul pogba who was ommitted from the team