authorities in hong kong have defended the police, after groups of pro—democracy protesters were attacked by gangs of masked men at a train station. 45 people were injured in the attack. there has been widespread speculation that the attackers belonged to triads, also known as the chinese mafia. the first images of the captured crew on the british—registered oil tanker have been released. the uk says it wants to work with other european nations to help protect ships in the straits of hormuz. and this video is trending on bbc.com a french naval submarine, which disappeared in 1968 with 52 people on board, has been discovered off toulon, on the south coast of france. that's all for now. stay with bbc world news. and the top story in the uk: jo swinson has become the first

female liberal democrat leader, after decisively beating sir ed davey in a poll of party members. now on bbc news live to singapore for asia business report. iran tensions escalate. oil holds is gains. india to billion—dollar co— living market, how the millennial ‘s are changing the traditional concept ofa are changing the traditional concept of a home. good morning asia, hello world. glad you could join us. let's start off with the global energy market and oil prices, as you can see, are

basically sustaining their gains overnight. as a tensions with iran escalates, iran says it has arrested i7 spies who it says were working with cia and the sentence some of them to death. the suspects they say have been gaining information on the military and nuclear operations. president trump dismissed the accusations as a totally false. the tensions have escalated no doubt and probably the highest i can remember in two decades covering the oil markets but concern is probably not the word i would use. crude has been ticking up but brent at $62 is still good. $ii below this year's hi. ticking up but brent at $62 is still good. $11 below this year's hi. are you saying not a drop of oil has been affected? that is the main

thing. all these attacks and lots of worries and concerns but oil continues to flow out of the region. in asia, you need to ensure your ships against all the dangers but oil continues to flow from the region. with the ongoing us- iran rift, president trump is even softening his stance. that is my interpretation because, after the us and that the waivers that allowed countries to continue to buy iranians oil after the sanctions, they pledged they would bring down iran's credit to zero. but they are doing some things, any which way they can for the oil to continue to

flow. what about the conflict, how much longer will it drag on, when will they return each other‘s ship? that is a bit of a sideshow. i do not mean to belittle it, it is a serious no doubt but really the main conflict between the us and iran and the us walking out of the nuclear deal and that needs to be patched up. when all is said and done, what would trigger oil prices to move towards $70— $80 per barrel? would trigger oil prices to move towards $70- $80 per barrel?- would trigger oil prices to move towards $70- $80 per barrel? at this point very little. the oil market is perhaps not worried about demand growth. demand growth is not expected to be stronger this year because of all the economic headwinds, the economic deceleration if you will, globally. as long as the trade war is not settled, economic growth started to pick up,

i doubt we will see oil prices go substantially higher than where they are today. donald trump has said a two—year deal has been struck with congressional leaders to raise the treasury department borrowing authority and to set budget spending caps. the president said an agreement had been reached on a two—year budget and that ceiling. in hong kong, carrie lam has condemned the latest anti—government protests taking place over the weekend. translation: the special administration of government must strongly condemn that some radical demonstrated maliciously surrounded and assaulted and defaced and challenged the nation sovereignty. it hurt the nation's feelings. they

outraged the entire city. earlier i asked whether the continued disruptions raise concerns over the attractiveness of hong kong as business hub. hong kong has become asia's in international financial centre because of its low tax rates and legal system and also the freedom of speech, otherwise we do not have these protests. i think these three factors are still there. but of course you also need peace and order to have a very successful financial hub. if this continues to go on, will it impact the overall economy? first of all, we really see more aggressiveness in the protests itself and also between protesters and non— protesters. my question will be how long will these last. if

it lasts very, very long than shops close for a very long period of time, there will be sacked people and after that it will be a vicious cycle, people spend even less and thenit cycle, people spend even less and then it will become a situation of a code virus situation where people do not date to go on the street for shopping and all the streets are just close. this is an extreme scenario. we are not there, we are in between the best and the worst scenario. between the best and worst, how much could this deduct from hong kong's gdp in 2019 towards 2020? for this so far the damage is limited. it does not really have a

huge impact on gdp. hong kong's gdp todayis huge impact on gdp. hong kong's gdp today is more related to mainland cycle rather than hong kong's protests so i would say that hong kong's economy can still grow around 296. millennial 's in india is changing the concept of the home. renters share kitchens, bathrooms and lounge rooms. the industry is expected to be worth $2 billion in three years and the number of beds has more than doubled in the last year. we went to bangalore to find out more. bangalore, the rise of the city's young population has led to

changes, including what many are calling home. co— living is a new version of flat sharing. they rent a bedroom from a company that maintains common spaces and provides social events. they can stay for as little as a mother and on average stay for six. this woman moved into this building in february when her company transferred her from this building in february when her company transferred herfrom delhi. if you go for a flat, you have to have a security deposit, give at least ten months deposit. that is an issue i face. i am new to the city, it is not necessarily mean i will be in the city for long. brands are attracting millions from foreign investors. the market here is expected to be worth $2 billion by 2022. one reason investors see so much potential is that the model already exists here. these places

advertising while paying guests will rent you a room with food and access to shared space but not a lot of freedom for the residents. they typically have turf you and restrictions on food but rules are very onto the honour. by offering consistency and better services, they are winning young customers are investors, the real estate market poses risks. the amount of money that some of the players has also led to a high cash bond which is not sustainable in the long run. india has one of the largest young population in the world. investors think that it makes a living recipe for success. a quick recap of the

leg story: oil prices hold onto their gains leg story: oil prices hold onto theirgains in leg story: oil prices hold onto their gains in mid—morning. asia—pacific trade with pensions escalating between us and iran. suspect charge of being spies some have been condemned to death. the close of wall street overnight with the nikkei up. hong kong and india are still to open. thank you for investing your time with us. i am rico hizon, bye for now. this is bbc news — our top story this hour. authorities in hong kong have defended the police, after groups of pro—democracy protesters were attacked by gangs of masked men at a train station. jo swinson has been elected as the new leader of the liberal democrats.

the mp for east dunbartonshire beat her rival ed davey. 0ur deputy political editor john pienaar has more. new face, same promise — stop brexit or try. jo swinson was favourite to win and she did, easily. jo swinson, 47,000... standing against brexit has been the lib dems' best game plan, and she's sticking to it. in the face of nationalism, populism, the catastrophe of brexit, the two old parties have failed. 0ur party has been clear on brexit from day one. we believe the uk's best future is as members of the european union, and that's why, as your leader, i will do whatever it takes to stop brexit. she's come a long way. this tax on learning is not acceptable.

as a student, jo swinson campaigned against tuition fees. westminster‘s youngest mp in 2005, she was a minister in the coalition which introduced the tuition fees that helped wreck the lib dems' popularity. she lost her seat in 2015, like all but a handful of lib dems. back two years later, she was elected deputy leader and also made history by taking her baby into the commons. now she must nurse a recovery that's brought in one defecting labour mp so farand many remain—supporting voters. if there were an election tomorrow, even with the current figures, 110 or 50 liberal democrat mps would certainly seem like a perfectly realistic aspiration. whether or not they can go further than that, whether or not, for example, they can eat further into the labour vote by winning over the support of disenchanted remain voters, that, i think, is the challenge. tonight, at a leadership handover rally, the mood was upbeat but the challenge is still a big one. the lib dems have grown as the grip

of the two make big parties has grown weaker but if the future depends on brexit then it's a future no—one can predict. whatever the party, whoever is the new leader. john pienaar, bbc news. you can find out more on that story on line, on our website. from you can find out more on that story on line, on ourwebsite. from me you can find out more on that story on line, on our website. from me and most of the team, you can reach us on twitter. now on bbc news — sport today. hello, i'm tulsen tollett, and this is sport today, live from the bbc sport centre. coming up on this programme: paul pogba remains a positive influence at manchester united according to his team—mate juan mata.

australian swimmer mack horton warned by fina over his protest against china's sun yang. and the tour de france resumes after a rest day as defending champion geraint thomas looks to make up ground in the final week. hello and welcome to the programme, where we start with the footballing news thatjuan mata says his manchester united team—mate paul pogba is a positive influence and brings everyone together at the club. the 31—year—old spaniard was talking during the club's pre season tour which has featured matches in australia and singapore and he's keen for pogba to stay at the club and win trophies. we all know paul and he is a fantastic midfielder. he is a fantastic midfielder. he is a fantastic guy. very positive. a good influence for everyone. i think he is happy. he brings everyone together. but i cannot speak for other people. they can speak for myself, my present, and my future in the club. also as a teammate and a

friend they would