our top stories: president trump says iran made a big mistake in shooting down a us drone but adds it may not have been intentional. he again insisted it was a very bad mistake. the us insists its drone was over international waters when it was brought down. tehran says it was only targeted after violating uranian airspace. —— iranian airspace. hong kong braces itself for another round of protests after the government fails to respond to demands to withdraw its extradition bill. researchers in france a people who work more than ten hours on at least 50 days per year have an increased risk of suffering a stroke, but exercise and eating well can help to lower that risk. stay with us on bbc news. borisjohnson

lower that risk. stay with us on bbc news. boris johnson and jeremy lower that risk. stay with us on bbc news. borisjohnson and jeremy hunt are the final two in the race to become the next prime minister, after michael gove was knocked out of the contest. time for asia business reports, live from singapore. oil on troubled waters. president trump downplays iran's attack on a us drone, as energy prices surge. so slack. shares in the workplace messaging app soil by almost 50% in its stock market debut. good morning, asia, hello, world. it is a friday, almost the weekend. glad you

could join us for another exciting addition of asia business report. i'm rico hizon. lets kick off the programme with oil, after prices spike on the global markets after the shooting down yesterday of a military surveillance drone over the strait of hormuz. speaking in washington, dc, president trump moved to ease tensions with tehran. i would imagine it was a general or somebody that made a mistake in shooting that drone down. fortu nately shooting that drone down. fortunately that drone was unarmed, there was no man in it and there was no... it wasjust... it was there was no man in it and there was no... it was just... it was over international waters, clearly over international waters, clearly over international waters, clearly over international waters, we didn't have a man or woman in the drone, we had nobody in the drone. it would have made a big difference, let me tell you, it would have made a big, big difference. earlier i you, it would have made a big, big difference. earlierl asked you, it would have made a big, big difference. earlier i asked a you, it would have made a big, big difference. earlierl asked a marine risk consultant how likely it is that tensions will further increase in the gulf. i feel that we are in a very critical stage right now. the strait of hormuz and the person gulf, as well as the gulf of oman, are always high risk for navigation,

and when you combine that with the targeting of merchant vessels, it creates a bit of a powder keg. but will this increase tensions, will this impact the oil trade?” will this increase tensions, will this impact the oil trade? i most definitely believe it will, and it has the potential to disrupt globally our supply chain. and how much will it impact the global supply chain? i don't believe we fully understand the scope of what would happen in the event of a partial closure or an increase in hostilities, where merchant vessels are actively targeted in the straits of hormuz, or with some of the other incidents that are going on in the red sea, as well, with tensions off yemen. tensions may be rising, and president trump in a statement says that iran made a big mistake in shooting down a us drone, but it seems like he also decreased tensions by saying that this shooting down was not intentional.

tensions by saying that this shooting down was not intentionallj shooting down was not intentional.” ama shooting down was not intentional.” am a marinerat shooting down was not intentional.” am a mariner at heart, so i don't really deal with drones, but i know from a shipping standpoint it is of grave concern to us. from a shipping standpoint it is of grave concern to us. i spent many yea rs grave concern to us. i spent many years navigating those waters, i still have friends who are currently navigating them, so it is something that we are closely watching, and we are hoping that cooler heads come to play. and with this worst-case scenario, could we see oil prices beyond $100 per barrel?” scenario, could we see oil prices beyond $100 per barrel? i believe there is that potential. while other areas of the globe have increased production, we would still face a significant crunch, shall we say, if that lifeline of that supply chain area is shut down. let's turn our attention to the first state visit to north korea by a chinese head of state in 1a years. well, the two leaders will be holding meetings today, and the visit comes ahead of president xijinping's meeting

today, and the visit comes ahead of president xi jinping's meeting with donald trump at the g20 summit next week. joining me now is our colleague and business reporter mariko oi. it was a superstar welcome in pyongyang for the chinese president stop that's right. what a welcome xijinping president stop that's right. what a welcome xi jinping received president stop that's right. what a welcome xijinping received in pyongyang. he was greeted at the airport by kim jong—un, pyongyang. he was greeted at the airport by kimjong—un, and crowds lined the streets as the chinese president drove into the capital. we we re president drove into the capital. we were talking yesterday about the trade ties between the two countries, but the reason north korea needs china more than ever is this. it is desperate for food aid. look at these pictures. north korean state media says the country is facing its worst drought in four decades, and the united nations think more than 10 million people, that's around 40% of the country's population, are facing severe food shortages. and days before this state visit, south korea said it would send some rice, the biggest food aid since the un food programme

more than a decade ago. translation: after consulting with the world food programme, the government has decided to provide 50,000 tons of domestic rice, considering north korea's food situation. china is by far the biggest aid donor. by how much it is hard to say, because baiting provides aid on a bilateral basis while other nations offer humanitarian support through un agencies. in response to this latest crisis, the un has requested $120 million from donors, and countries like switzerland, sweden and canada responded, but international sanctions meant there is less support from the rest of the world, and that is way north korea needs china more than ever. but if you ask south koreans how they feel about it, they have mixed feelings about this. translation: i think our ability to deter north korea relies on south korean aid in regards to north korea's economic situation. however, if china manages to take on that role, north korea will no longer need to rely on south korea,

and that perhaps could lead to bad circumstances. translation: after the two korean leaders met, we are ona the two korean leaders met, we are on a path towards improving our relationship. however, ithink on a path towards improving our relationship. however, i think the summit between north korea and china will only hinder it. but did you know that the us used to be a major provider of aid to north korea, accounting for more than half of the food aid? so of course, after this meeting, xi is meeting president trump, and he appears fond of kim jong—un, so we will see what happens there as well. complicated relationships between china, the us and north korea. thank you so much, my colleague in business reporter mariko oi. work —based messaging app slack has soared by almost 50% on its new york stock exchange debut. thejump in the its new york stock exchange debut. the jump in the stock price puts the value of the company at around 25 billion us dollars. as samira

hussain explains, slack‘s debut is another unusual path, pioneered by spotify. many were watching slack's debut on the stock exchange primarily because it decided to list directly. that means it didn't have a traditional roadshow where it spoke to investors to get a sense of how much interest they would be in the shares. he didn't use banks to underwrite any potential losses, and it was the exchange itself that set the initial price for the share. the only other big company that went a similar route is the music streaming site spotify. so why is this significant? well, if slack's debut is deemed as a success, then it is entirely possible that we may see other silicon valley companies do the same. air b&b, for example, has suggested that it may also opt for a direct listing. samira hussain on

the slack ipo debut in new york. in other news making headlines, apple has several corporations warning the trump administration against raising ta riffs trump administration against raising tariffs on chinese goods. it comes as talks resume aimed at ending the trade war. the countries' presidents are expected to meet at the g20 summit injapan next the new chief executive of airbus claims an ideal brexit is a threat to the industry, the uk and the eu. he called for proper preparations to be put in place to help businesses draw up their strategies. remember, before march we were very vocal on the risks of an ideal brexit. at that time it was about a no deal brexit by accident, well, i know deal brexit still would be very bad news for industry. but if it becomes more likely, then we have to prepare. we

need to prepare to limit the damages that are no deal brexit would cause in the short term. for instance, on logistics, on the movement of parts, and then in the long—term, we need to see what it means, but obviously this would be bad news for everybody, and for everyone. and we think are no deal brexit really is a threat to the uk, the eu, to industries. so we think this is the responsibility of politicians to do whatever it takes to avoid this ugly scenario. you have about 14,000 staff in the uk. is there anything you can say to give them some reassurance? because obviously they are very worried right now. there is uncertainty. it is not only for us, it is also for employees, customers, and that is why we are examining withdrawal agreements if we have to go for brexit, and if it is a no deal brexit, we want the uk to remain competitive in the long—term, but the uncertainty is there. airbus

chief executive guillaume faury speaking to the bbc‘s theo leggett. climate change protesters have disrupted the beginning of the uk chancellor's mansion house speech. he was able to continue after they we re he was able to continue after they were removed. looking at the markets, as you can see right now on your screens, despite us stocks closing at a record high overnight, not a good start for the asia—pacific markets this friday morning. the nikkei 225 down 0.1% and the all ordinaries index marginally in the red. thank you so much for investing your time with us. much for investing your time with us. iam rico much for investing your time with us. i am rico hizon. much for investing your time with us. iam rico hizon. sport much for investing your time with us. i am rico hizon. sport today is coming up next. hello, this is bbc news. the top stories this our: president trump says iran made a big mistake in shooting down a us drone but adds it

may not have been intentional. hong kong braces for another round of protests after the government fails to respond to demands to withdraw its extradition bill. a former conservative mp has said allegations he was involved in three murders and the sadistic sexual abuse of children in the 19705 and 19805 are, quote, the ravings of a fanta5i5t. harvey proctor was giving evidence ata harvey proctor was giving evidence at a trial of a man accused of making false accusations about a vip paedophile ring. he denies 13 charges. almost five years after being accused of murder and sadistic sexual abuse, harvey proctor came to court to denounce his accuser and vehemently deny the allegations. occasionally breaking down in tears, the former mp said he'd never met carl beech, who he described as a fanta5i5t. sitting ju5t metres apart, harvey proctor said mr beech's litany of charges against him were,

"horrendous, horrible, heinous allegations, the worst thing that one could say against another human being. i was horrified that anyone could think me capable of such things." asked directly if in 1980, he had stripped a boy, tied him to a table, raped him and then strangled him, a5 carl beach has alleged, harvey proctor said the allegation was false, emanating from a polluted imagination. jurors had previously seen a police interview in which carl beech had accused harvey proctor of threatening to cut off his genitals with a pen knife, only to be prevented from doing so by the former prime minister ted heath. and also, you said you had the knife as well? mr proctor told the court he had never attempted to do such a thing, either in a london townhouse or in a tent in the desert. thank you very much indeed for coming... after being interviewed by officers, the court heard that harvey proctor

had held a press conference, in order, he said, "to declare my innocence from the rooftops and to challenge the metropolitan police," who had described the allegations made by carl beech — then known publicly by the pseudonym nick — a5 credible and true. the £2 million police inquiry ended without anyone being arrested or charged. mr proctor said he'd lost hisjob a5 a result of how police had handled the allegations, and was forced to move abroad. he'll continue giving his evidence tomorrow. michael buchanan, bbc news, at newcastle crown court. you can reach me on twitter, we have the latest news for you at 2am, but time now for sport today. hello, this is spot today. light from the bbc sport centre. coming up on this programme, the usa qualifier for the last 16, chile below the

challenge doe5 for the last 16, chile below the challenge does make chance against high—level. they failed to progress. david bonner‘s century guides australia back to the top of the table with a 48 run win over bangladesh at the cricket world cup. and as expected, the nba draft has been selected,. welcome to the programme was not was up welcome to the programme was not was up at the footballing news, we're down to the last 16 of the women's world cup in france. that officer made drama, selling the remainder of the third piece doe5 made drama, selling the remainder of the third piece does make these fini5he5 the third piece does make these finishes on thursday. nedlands and canada and usa and sweden have gone through. it didn't take away from entertainment. united states had been dancing around the