at the same time, he will sign new spending measures to avoid another government shutdown. the spending bill is expected to be approved by both houses of congress. democrats, who control the house of representatives, had refused to give mr trump more than $5 billion he'd asked for. the british prime minister, theresa may, has suffered another big parliamentary defeat on her brexit plans. members voted against the government's appeal to back the approach agreed two weeks ago. and this video is trending on bbc.com: archaeologists in pompeii have discovered a fresco of narcissus, who legend has it was a man who loved only himself. the work of art has remained intact for nearly 2,000 years since mount vesuvius erupted. that's all. stay with bbc world news. and the top story in the uk: a british teenager who says she has no regrets about running away

to syria to join the islamic state group has been told she could face prosecution if she tries to come home. now on bbc news, live to singapore for asia business report. aus a us government shutdown has been avoided, but the white house says president trump will declare a national emergency in order to build a border wall. amazon drops plans to build a headquarters in new york. good morning, asia. hello, world. welcome to this friday edition of asia business report. i'm rico hizon. we start off with washington, dc and the white house says president trump will sign the government funding bill, meaning a second shutdown has

been avoided, but he will also declare a national emergency to get money for the wall he wants to build along the mexican border. a market strategist has said it is a relief for investors. the market is seeing this ina for investors. the market is seeing this in a very positive manner, avoiding the government shutdown, which we know is estimated at taking about .2% off the gdp as we head through these few weeks, so that is seen as through these few weeks, so that is seen as a through these few weeks, so that is seen as a positive, the fact that he may announce a national emergency, i think on that hand it does create a little of this political noise that we might anticipate, but in terms of whether it comes truth remains to be seen, given the legal hurdle that is expected. right now the markets sighing relief. meanwhile trade representatives continue talks with the chinese to try to avoid the trade warfrom the chinese to try to avoid the trade war from escalating. the chinese to try to avoid the

trade warfrom escalating. the chinese president xijinping trade warfrom escalating. the chinese president xi jinping will meet with the us delegation today. remember, president trump said he might be open to extending the truce he agreed with president xi by 60 days. so what are american companies doing to prepare in case there is a no deal to end a trade war? i put the question to the ceo of american apparel and footwear association. they have packed their bags, they started on september 2a when we heard about the tariffs. keep in mind a lot of member companies, they are public companies and they get calls from analysts all the time and the number one question is what is your china exposure? they have been actively engaged in reducing their exposure to china. they have no choice. they have no choice, so where are they going in asia?m choice. they have no choice, so where are they going in asia? it is very interesting you ask that question. 41% of all apparel to

america comes from china, 14% comes from vietnam, so that is 55% from two countries. take the top five countries, bangladesh, india, indonesia, that is 70% of the us market. so, quite frankly, there are not a lot of choices and it has created a mad scramble among apparel and footwear brands and retailers. this has been a real problem for the industry. by remaining in china, rick, how much higher are the costs for american companies manufacturing their goods in the mainland? well, you know, you can't compare china production to mainland production, there is not going to be a sudden sweep of product coming back to america, although it is true that more is being made in america. however, it is only 3% of the market in terms of apparel and 2% in terms of footwear. so it is not that big a

deal although we would like to see it grow. but what is happening is leaving china is pushing countries, companies into other countries, and you run the risk, you run product quality risks, sustainability risks, environment risks, you know, and on top of that more inflation to the us market. and, honestly, rico, iwould say ten or 20 years before we see the daylight. these things don't reverse themselves very well. rick helfenbein joining reverse themselves very well. rick helfenbeinjoining us from new reverse themselves very well. rick helfenbein joining us from new york. ina helfenbein joining us from new york. in a major u—turn, amazon has cancelled plans to build a new hub in new york, citing fierce opposition from state and local politicians. michelle fleury from the big apple. iam standing i am standing about a block away from what would have been one of amazon's major new office is right here in queens new york. right from the beginning of the project was the subject of a great deal of controversy in pa rt subject of a great deal of controversy in part because of the gentrification it would cause in

this neighbourhood, but also a lot of anger over the fact that the company was receiving huge tax breaks, some $3 billion in subsidies, to come here. one of the richest tech companies in the world. from the beginning local politicians and grassroot activists met here. now that the company has pulled out, this is where they came to celebrate. we win! it is a victory for people who want to envision a different world. that is not driven by profits for billionaires, but actually is about uplifting working people, the poor, and that is part of what we are fighting for. $3 billion plus. not everyone is happy. iama billion plus. not everyone is happy. i am a business owner in the area andi i am a business owner in the area and i employ a lot of people in queens. and as someone responsible for their livelihood and for their jobs, this was transformative for new york and the fact that it won't happen any more is extremely sad.

this was a win for community organisers. what is not clear is what it means for the city in future. will major companies still wa nt to future. will major companies still want to come to the big apple? michelle fleury in new york. let's turn attention now to australia. devastating floods have killed 500,000 cattle in queensland according to the cattle council australia, 2.4 billion australian dollars, 1.7 us has been lost. that is over 10% of annual revenue, which is over 10% of annual revenue, which is about $13 billion us in 2016. margot andbr is chief executive of the organisation and i asked her how long it will take to recover —— andrea. when you think they lost all of their infrastructure, even their water storage, they have lost their animals, which is heartbreaking, but they have lost personal as well, they have lost personal as well, they have lost houses and everything. so we are predicting it is probably around 2— five years but asi is probably around 2— five years but as i said the crisis is still unfolding. it will take years to

recover from this. now, to japan, which will soon accept more foreign workers after the government pushed through with a controversial law. well, the changes seen as crucial because the country's population is ageing and shrinking fast, by 2060. japan's workforce will be only half of what it is at its peak in the late 1990s. as part of the worklife japan series, marico 0i looks at how some countries —— companies embrace workers from overseas. handed down the generations but sought making is fast appearing. this man is from sweden. he moved from japan this man is from sweden. he moved fromjapan in this man is from sweden. he moved from japan in 2012 to learn the craft from his master. today he has been asked to restore this several hundred years old sword. a task entrusted to only a few. for centuries the ancient art of sought

craftsmanship has been done by the japanese. but as their number has dwindled, the industry has started to embrace a foreigner. the question is, will the rest ofjapan to embrace a foreigner. the question is, will the rest of japan follow suit? handful of companies have. you may not realise, but this is a rare sight injapan — a group of mostly foreign engineers having their daily meeting in english. e—commerce giant racuten is one of a few firms which adopted english as its first language not too long ago. the company called it english — nisation. it needed to cut overseas talent because it couldn't find enough english—speaking engineers at home. -- rakuten. english language for rakuten home. -- rakuten. english language for ra kuten is home. -- rakuten. english language for rakuten is a major driver to recruit and retain talent. right now

we have 2300 engineers injapan. 0ver we have 2300 engineers injapan. over half of them are foreign tech talent. the final practice session at the annual dragon boat race in tokyo, and rakuten is one of a few companies in the race with international participants, that's because, unlike rakuten, the japanese workplace is still very much homogenous. from april, the government will allow more foreign workers in selected sectors, mainly in lower paying blue—collarjobs. it was an unpopular move and there are have been reported cases of mistreatment of foreign workers. but with a shrinking workforce and more global competition, japan needs to look outside and adapt in order to secure its position as one of the biggest economies in the world. and don't forget to watch worklife

japan this weekend with mariko 0i at these times right here on bbc world news. well, the latest data reveals us retail sales fell the most in nearly a decade in december suggesting a sharp slowdown in economic activity at the end of 2018, the data's release was delayed due to the government shutdown and these numbers certainly impacting us stock markets overnight with the dow and the s&p 500 down 100 points and 7.3 points respectively. thank you so 7.3 points respectively. thank you so much for investing your time with us. so much for investing your time with us. i'm rico hizon. have a great friday. goodbye for now. this is bbc news. the top stories this hour: president trump's set to declare a national emergency, to secure funding for a border wall with mexico. the british government has suffered another damaging parliamentary defeat over its brexit plans. brexit isn'tjust causing tensions among the conservatives, it's also threatening to fracture the labour party. there are mps thinking of leaving, dissatisfied with the leadership's stance over brexit, and anti—semitism.

0ur deputy political editor, john pienaar reports. jeremy corbyn's unlike any leader labour's had. easy for many members to follow, but not all, and not on europe. now there's talk of angry mps walking away from labour, and there's worry at the top of the party. i think people should stay and fight their corner. we need an electorally viable labour party. the feeling among a lot of your colleagues now is this breakaway is unstoppable. well, i hope it isn't. i hope people should do everything they can to try and stop it from happening. you'll be trying to stop this breakaway? i'm definitely trying to stop it, yeah. i've been trying... i mean, for the last two years, i've been trying to hold everyone together. what do we want? people's vote! most labour members want their leader to strongly back a fresh eu referendum, and he hasn't. but now there's a group of mps hinting they may quit the party. we're being pushed to the edge, and that's all i can say

at the moment. 0n brexit, on venezuela, on anti—semitism, on economic policy, we are being pushed to the very edge. but unhappiness over europe policy runs deeper than those contemplating a split. today, one labour mp delivered this blunt warning. my fear is that what we are now doing is we are helping to facilitate a tory brexit. and the ramifications for our party, i think, will be severe. the trouble's about much more than europe. accusations of anti—semitism have been dogging the labour leadership, some say driving away support at every level. councillors leaving, thousands of members leaving over anti—semitism, the failure to tackle it adequately in their view, and also because our party's position on europe is out of sync with members and out of sync with what they see as our values. so i think more mps will go. sadly, some have already gone. i think more will go, and it's not being taken seriously enough. here, labour mps seem increasingly sure a breakaway by a core of colleagues is coming, and soon.

but how many? half a dozen? more? some private donors are keen to fund a pro—european centrist movement. some ofjeremy corbyn's keen supporters would say, "good riddance". valentine's day, celebrating harmony, though not in the labour party, where any split, big or small, could makejeremy corbyn's dream of power harder to fulfil. john pienaar, bbc news, westminster. the duke of edinburgh won't be prosecuted over his car crash last month in norfolk. prince philip, who's 97, gave up his driving licence following the accident, in which his land rover collided with another vehicle. the crown prosecution service says further action was not in the public interest. now on bbc news, sport today. hello. this is sport today, live from the bbc sport centre. coming up on this programme:

a first world alpine ski gold medal for slovakia — as petra vlhova takes gold in the giant slalom. the holders and the host nation are drawn together in the newly revamped davis cup tournament. and caster semenya will next week challenge an iaaf rule that aims to restrict the levels of testosterone in female runners. hello and welcome to the programme, where we start with news from the alpine skiing world championships in sweden where petra vlhova made history on thursday. her victory in the giant slalom made her the first slovakian to win gold in an individual event. the olympic champion mikaela shiffrin had to settle for bronze — as colm harrison reports.