i'm reged ahmed with bbc world news. our top story: clashes between police and protesters in hong kong continued into the night with several serious injuries. police fired water cannons and tear gas to disperse democracy activists, after tens of thousands turned out for a march, even though their rally had been banned. activists threw petrol bombs and built barricades. oil prices have surged almost 20% — a day after attacks on two major oil facilities in saudi arabia. the us has blamed iran for those attacks, but iran has angrily denied it was responsible. and this story is trending on bbc.com: it's an update on the case of the golden toilet, worth six millon dollars, stolen from blenheim palace in central england on saturday. police say they're following a number of lines of inquiry. a 66—year—old man is in custody but no further arrests have been made.

that's all. stay with bbc world news. for more on all our stories — go to the bbc news website. the address is bbc.co.uk/news. or download the bbc news app. now on bbc news live to singapore for asia business report. oil prices soar after saudi attacks. brent crude jumps by the most on record as half is affected. cryptocurrency ‘s, cruising or crunched? let's begin with the global energy

markets because the price of rent crude has jumped by markets because the price of rent crude hasjumped by the most on record after drones attacked key facilities in saudi arabia over the weekend. the double digitjump that weekend. the double digitjump that we have not seen before. the attacks on the areas have taken out more than half of the world's supply. us president donald trump moved to ease thejump in president donald trump moved to ease the jump in prices president donald trump moved to ease thejump in prices by authorising thejump in prices by authorising the release of oil reserves. but raised concerns with traders by saying america was, "locked and loaded" and ready to respond by the ——to the attacks. earlier we spoke about just how big ——to the attacks. earlier we spoke aboutjust how big this movie is. this is extremely significant. if you look at what has been happening over the last few months, i think the market has focused in worries and economic slowdown worries but this brings back to the forefront the fact that geopolitical risks can

become very high and it exposes the vulnerability of middle east supply. if you look at the nature of the attack, they are attacked the world's largest processing facility which processes 7 million barrels of crude. that is equal to saudi arabia's entire crude expert volumes —— export. the production is 60% of saudi arabia's crude supply. overall, the nature of these attacks highlights how significant and direct these offensives can get and how quickly capacity can get eliminated. saudi arabia has said it will try and avoid oil shortages but do you think that this impact is going to be longer term? if you look at the near term, i think stocks are ample all over the world and the top

consuming countries like south korea, china, japan, they have ample stocks to draw on the event of a short term does make supply. —— supply. saudi arabia stores oil in japan so they can supply the asian consumers from there. i think the geopolitical risk premium has set backin geopolitical risk premium has set back in something that has been put on the sidelines. it is now back in. what about the impact on consumers? how significant would that be?” think in the short term, we don't expect the supply to be because of the stocks. a lot of asian consumers and asia is where the bulk of saudi arabia's crude exports floated, a lot of asian consumers have managed to diversify supply sources, just to highlight this. middle east crude

supplies account for 80% of south korea's total import back in 2015 and today they account for under 70%. there is plenty of diversification going on and asian consumers are getting crude is from mexico, from europe, so there is plenty of diversification. there are a lot of alternative supply sources. it is also a big week for central banks and data from the world's biggest economies. later today, china releases retail sales numbers as well as industrial output. then on tuesday, the us also gives us industrial output figures which have been falling amid the trade war with china. then on wednesday, the us federal reserve wraps up its two—day meeting and the question is, will it ta ke meeting and the question is, will it take further action after its first rate cuts since the 2008 financial crisis injuly? rate cuts since the 2008 financial crisis in july? then rate cuts since the 2008 financial crisis injuly? then on thursday, its return of central banks in the uk,japan and its return of central banks in the uk, japan and indonesia to give us their rate decision. earlier, we

spoke about how much the us china trade war will impact the data. should we get a clear—cut trade deal, it would be fantastic for the economy, particularly the chinese economy, particularly the chinese economy, given the uncertainty impacting the growth rate for china as well as the global growth forecast. earlier, we potentially have the consumer as well as the manufacturing data coming out with china and that that is going to demonstrate how much impact there has been from the fallout of this trade conflict. amid the slowdown, what are you expecting from the feds meeting? there are a lot of expectations for the feds to cut the rate. there were some expecting 50 but we don't think it is likely. the move recently suggested that was little doubt but we believe it will

come through this week. last week we had the european central bank cutting the interest rate further into negative. do you think that action might affect the bank of japan and bank of indonesia? and the bank ofjapan? japan and bank of indonesia? and the bank of japan? we japan and bank of indonesia? and the bank ofjapan? we expect japan and bank of indonesia? and the bank of japan? we expect the central banks to be doug aish. they have been laying the pathway and we expect all of them to be in the same camp holding onto the short term by power. how much of an impact is the trade spat with south korea having on its economy? i think it should be reasonably... japan is a big trading country. the trade conflict between us and china now with south korea is going to continue to impact on this trade data so we don't expect it at all for quite some time. on the

subject of china, it would be very difficult for china's economy to grow at a rate of 6% or more because of the complicated international backdrop. he added that the world does make second biggest economy faces downward pressure due to slowing global growth and the rise of reductionism. as private players like facebook, dig banks likejp morgan and even central banks around the world, start to launch their own agree to, it is likely that they won't go away anytime soon. but are they on their way to become an alternative payment system or is it morphing into something else? to find out, we went on a cryptocurrency cruise to talk to a few of the biggest players who were gathered in asia last week. thank you forjoining us today. let's get started. at the height of the cryptocurrency craze, we thought we

would be seeing a lot more of these criteria being used in daily life but that hasn't happened. why not? every time the price of bit coin comes up, every time the price of bit coin comes up, people ask when they will buy their coffee with bitcoin and the answer is not very soon. it ta kes a the answer is not very soon. it takes a long time to build a payment infrastructure, that work is happening, and in the meantime, you see interest in bitcoin and other cryptocurrencies as an asset class. we have to see what bitcoin exceeds and what it actually does which is and what it actually does which is an sensory and what it actually does which is an sensory ball, there is no central authority. they are transferring money across borders or trying to escape the government that is oppressing, bitcoin is good at that. isn't one of the barriers to using cryptocurrencies in daily life its volatility? with anything emerging, volatility? with anything emerging, volatility is going to be the case until everyone starts using it. lot of people using it as a safe

haven and they look at it as a form of long—term investment. haven and they look at it as a form of long-term investment. if you look at what happened in argentina recently, the argentinian paso is more volatile than bitcoin. and it isa more volatile than bitcoin. and it is a better asset class. —— peso. central banks, facebook and even walmart is looking at launching its own digital currency. what happens to the first generation of cryptocurrencies if this happens?” think they stick around as a global reserve sediment layer. precisely because bitcoin has proven itself to because bitcoin has proven itself to be resilient over the last ten yea rs. be resilient over the last ten years. i would say that they will live alongside, there will be definitely cases of facebook coin or jpmorgan coin but there is some central thing censoring your purchases. you can't do that with

bitcoin. but they have been high—profile thefts and hacks that many of these exchanges, how do you get around that issue of trust? can get around that issue of trust? can get hacked just like banks can get robbed. it doesn't necessarily disprove the fundamentals of bitcoin itself being a decentralised local asset class. it is not easy to steal. if you look at all of the un— circulation of the 180 billion today of bitcoin, only a small fraction has ever been stolen. before we go, showing you the oil prices just again. in the stock market, japan's nikkei is closed for a public holiday. thank you so much for watching asia business report. this is bbc news. the top stories this hour: in hong kong, clashes between police and democracy protesters have continued into the night, after a day that saw several people injured. the price of oil has jumped at the opening of markets following saturday's attacks on two

majorfacilities in saudi arabia. prince william has praised the former welsh rugby international gareth thomas as a ‘legend' after revealing he's hiv—positive. thomas, who came out as gay ten years ago, says he's been living with the virus for years and had kept it secret because he feared he'd be ‘treated like a leper‘. daniel davies reports. dawn on the first day of living publicly with hiv. gareth thomas embarked on the ultra endurance ironman wales triathlon today after revealing a medical condition he'd tried to keep secret. i've got hiv, and it's ok, like. that's what i want to learn more than anything. this is how he first came to prominence, breaking records on the rugby field, known to fans as alfie. he came out as gay at the end of his playing career. now, in a bbc documentary, he says he wants to break the stigma of hiv.

one of my fears is that all of a sudden who i was prior to people knowing i have hiv might be forgotten. cheering. in fact, on social media and on the streets of tenby today, the support for him was obvious. it's hugely significant for somebody with such a high profile to talk about living with hiv. medical advances means now that somebody on effective treatment can have a normal lifespan, and really importantly, they can't transmit the virus to their partners. but the stigma associated with hiv hasn't shifted at all. at the finish line, his husband was waiting. thomas is one of an estimated 100,000 people in the uk living with hiv.

he hopes this gruelling day will prove they need not be limited by the virus. daniel davies, bbc news, tenby. four small boats carrying 41 migrants have been intercepted in the channel. they were stopped by the uk border force and brought ashore to be questioned by immigration officials. the church of scotland is taking legal action against a metal detectorist — in the hope of obtaining some of the nearly £2 million he received for a tenth century hoard found on its land. derek mclennan made the discovery in a field in dumfries and galloway five years ago. now on bbc news — sport today hello, this is sport today, live from the bbc sport centre. coming up on this programme: sensational scenes at the solheim cup — as late drama sees europe fightback to beat the united states.

england beat australia in the final ashes test to draw the series. and spain are basketball world champions after beating argentina in beijing. hello and thanks for joining us on sport today. we start at gleneagles in scotland where there was an extraordinary finish to golf‘s solheim cup. the united states looked like they were heading for victory until europe won the last three singles matches to wrestle the trophy away from them. our reporter sarah mulkerrins was watching: six years since europe won the solheim cup, six and a half points was the target for victory. if the players were feeling the heat it was not showing. scott catriona matthew skippered the side, and with georgia whole of england proving a cut above, early momentum went their way. at the power began to shift and whenjessica korda sank this