tv Asia Business Report BBC News May 7, 2019 1:30am-1:46am BST
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this is bbc news. the duke and duchess of sussex are celebrating the birth of their first child. the baby boy is seventh in line. prince harry said it had been an amazing experience and that mother and baby are both doing well. street protests in istanbul after a rerun of the city mayoral election has been called. the mayor has called it a treacherous move. secondary schools entry languor have reopened with tight security. —— sri lanka. many pa rents tight security. —— sri lanka. many parents have kept their children at home because they are worried of more attacks from islamist militants. stay with us, much more to come. the top story in the uk,
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the electoral commission is calling on the government to change the law to make on line physical adverts clearly state who has paid for them. now it is time for asia business report. tradable pressure — asia stock markets open mix. —— trade war. technology goals, how artificial intelligence is a transforming the business of sport. good morning asia, hello, world. it is a tuesday and glad you could join us for an exciting addition of asia business report. the asia stock markets have opened mix after world markets were rocked when donald trump threatened
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china with a new round of tariffs to go into effect on friday. us shares have been on a rollercoaster ride. michelle sorry gave us a rundown of the dramatic trading day. wall street followed global markets after donald trump's tariff threat stop the chief trade negotiator was angered by the chinese government's attem pts angered by the chinese government's atte m pts to angered by the chinese government's attempts to reopen aspects of the deal the us considered settled. this especially relates to the transport technology from american companies operating in china. he shared his frustration with donald trump who then escalated tensions. in a post, then escalated tensions. in a post, the us said... some suspects this is an attempt by
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donald trump to pressure the chinese side to resolve remaining issues and thinks he has moved to manoeuvre with a stronger stock market that it is still not without risk. if followed through, tariffs will hit us customers and some of his base. he also treated about the american trade deficit. when the opening bell rang and the us, the dowjones fell 50 points although remarkably it later recovered most of the losses. it is not clear if the stock market thinks the president will follow through with his afraid. you in the stock prices around the world suggests the possibility of a trade war between the two largest economies still has the ability to rule the markets. talks in the us
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and china despite the threat. the response to the us president. and china despite the threat. the response to the us presidentm and china despite the threat. the response to the us president. it is a knee—jerk reaction. to be fair, up until now things have been remarkably quiet in terms of the us — china trade. we then have this tweet which has introduced a lot of short—term volatility. we feel very strongly that the us and china are highly motivated to get a deal done. so these are just veiled threats to expedite the negotiation process?” think so and i think that is basically the roadmap we have seen from the us when it comes to negotiations with canada, mexico and also europe and the japanese. this tends to be the process. a bit of threat, a bit of reward but
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ultimately a deal is done. when this deal is done, what will it mean for asia equity markets? we begin to see the whole region contagion coming from a chain disruption. it is impacting vietnam, taiwan, korea and so on. impacting vietnam, taiwan, korea and so on. this deal is absolutely the most important thing probably for 2019. breaking down your research, where it should investors be putting that smart money? paradoxically i think they should be allocating to europe. in particular germany. they are sensitive to a rebound in the chinese. with much better chinese numbers, it would be a relief for germany which is very exposed to its trade with china and it should do quite well. any particular sectors
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you favour? industrials, capital goods stop all those items china imports from germany was that we would see a pickup in orders and in turnit would see a pickup in orders and in turn it will help those companies. in other news: a former goldman sachs member said he has pleaded not guilty in the mdb scandal. he was extradited to the us and released a house arrest on $20 million bail. his court hearing is been scheduled for may 23. craft heinz has been forced to reinstate three years of results after an internal investigation uncovered serious accounting problems. craft heinz, which makes philadelphia cream cheese and hp sauce, says it needed to correct errors for the past two
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yea rs to correct errors for the past two years and first three quarters of the current year. a decision by tu rkey‘s the current year. a decision by turkey's hayes electoral body to notify the mayoral election has sent the currency tumbling. the ruling came after a request by recep tayyip erdogan‘s party and the refusal to concede defeat in a city where he built his political career. it is a sign of his authoritarian rule according to his opponents. one man credited with helping leicester city when the english premier league in 2016 was spot scientists bob olsen. he works with the swedish national tea m he works with the swedish national team and data is his game. in particular using wearable technology on players to revolutionise the way performances are tracked and assessed. we caught up with him at a
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conference to find out how technology is transforming the business of sport. i would say it is still in its infancy. we have seen data becoming available. i was contacted data becoming available. i was co nta cted by data becoming available. i was contacted by a company offering saying they can record 158 million data points per game. on top of that we are now collecting half a million data points per player per transition so the data is there now. i think now we need to start really exploring how we use it. it is going to support decisions and make it more time effective for analysts. they will be able to walk into a room and find examples in seconds that would have taken them maybe days of work to look at certain tactical aspects. with all these
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data and employing all these football analytics staff, are you going to go further, map opponents and look at potential recruits? absolutely. two very important areas. in premier league the data is shared. we have access to all the data after every game stop legs that do not have the data, it becomes harder but that will change in the next five years. in every country in every leg, they will have tracking data where during a game you will be able to see the position of every player about 20 times a second. able to see the position of every player about 20 times a secondm has got to be an uneven playing field. if people do not have experts like you, they will not be able to use the data. if you look at what we are playing each player in the premier league, what a transfer is a costing and what we need to invest in terms of using data is a fraction
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of what we are spending on players. for the top legs in the world it is a no—brainer. it is coming. it is coming. that was at an artificial intelligence conference in dubai. mysterious videos on twitter and facebook account suggesting a game of thrones videogame which could be on the cards. the teasers have prompted feverish speculation that microsoft may have teamed up with hbo to develop a videogame on the game of thrones books and tv series. it comes with the launch of the new xbox console. while markets were rocked when donald trump threatened china with a new round of tariff hikes to go into effect on friday. us shares have been on a rollercoaster ride, reversing much
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of the earlier losses. china is still said to travel to the us despite the president is fred. it has been called the oscars of fashion, the met colour is one of the most fashionable parties. the most creative and stylish outfits appear. a ticket to this black—tie extravaga nza appear. a ticket to this black—tie extravaganza cost 35,000 us dollars raising funds for the metropolitan museum. thank you for investing your time with us. bye for now. this is bbc news. the top stories: the duchess of sussex has given birth to a boy. prince harry say mother and baby are doing incredibly well. street protests inestimable after an
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rerun of the mayoral election. ——is stumble. 3a rerun of the mayoral election. ——is stumble. 34joseph mccann is suspected of attacks around the country including the rape of an 11—year—old boy and the abduction of a 71—year—old woman in bury. this is the moment a national manhunt came to an end in rural cheshire. in the back of the car, joseph mccann, who'd been described by police as extremely dangerous. they had wanted to speak to him in connection with three rapes in london and hertfordshire. then, this afternoon, detectives confirmed they were also investigating him for a series of violent attacks yesterday in the north west of england. the attacks include three more rapes and a sexual assault. the victims are male and female and aged from 11 to 71. these were, they are a grotesque,
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an appalling series of offences. they are thankfully exceptionally rare, so it's extremely important that he is in custody, and england is a safer place. yesterday evening, two 14—year—old girls were forced into a car in congleton in cheshire. the car was chased by police before colliding with another vehicle. the driver ran away, and the girls escaped uninjured but extremely shocked. as the manhunt forjoseph mccann came to a close, people living in this rural area of cheshire were told to stay indoors. police, a helicopter and search teams eventually found him hiding in one of these trees. police negotiators were brought in, and he was talked down and taken into custody. i knew something was going on, but i obviously had no idea how serious it was. i heard a lot of helicopter activity overhead just after 9:00, but i didn't really look out other than just to go and lock the back gate, and make sure that whoever they were looking for didn't find his way into our garden.
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police want to hear from anyone who has been in contact with or been approached by mccann over the last few weeks. olivia richwald, bbc news, congleton. two men have died and two others injured after a wall collapse in a farm yesterday. local road closures we re farm yesterday. local road closures were in place between lithgow. neither of the men in hospital is thought to have life—threatening injuries. now it is time for sport today. this is sport today, we are live from the bbc sport centre. coming up on our programme coal and about from the blue, vincent kompany scoring a wonder goal to put city back on top,
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and all part of pep's plan. kompany shooting, that was the strategy and the second half. a nightmare at the madrid masters for dimitrov, as he is knocked out by taylor fritz. the first—ever world snooker championship forjudd trump, who beatsjohn higgins at the crucible. thank you forjoining us on sport today. we start in the english premier league, where a remarkable moment of magic from manchester city captain kompany moment of magic from manchester city captain kompa ny helped moment of magic from manchester city captain kompany helped the defending champions beat leicester city 1—0 to go back to the top of the league. a thunderbolt heard all the way in liverpool, as andy swiss reports. have we just seen the decisive moment in this enthralling title race? you could see from their celebrations at the final whistle just what this meant to the manchester city players, because make no mistake, this was a
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