hello and welcome to asia business report. apple has made a multibillion—dollar deal with the manufacturer broadcom to use chips made in the united states. and a warm welcome to the indian prime minister in australia as he kicks off politics and trade. hello and welcome to asia business report. apple has made a multibillion—dollar deal with the manufacturer broadcom to use chips made in the united states.

it's part of apple's commitment to invest $430 billion into the american economy and. it also comes at a time when washington is trying to reduce its reliance on foreign trade, foreign on foreign made chips. my colleague samira hussain explains. the 56 chips apple is buying from broadcom will be designed and built in the us. it is the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion of wireless components to apple. the deal fits the brief apple set out for it self to invest more in the us economy. it also goes hand—in—hand with a push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage which showed just how reliant us companies had become on chips made overseas, specifically in china and taiwan. which many us officials see as a national security concern. since then, the us has been privatising domestic production of semiconductors as it tries to wean firms from relying on foreign chip—makers.

last summer, us president joe biden signed the chips act that threw billions of dollars in subsidies and tax credits to help the domestic chip—making business. now, staying with the topic of chips, the us senate's top democrat say they are were engaging allies and businesses to address china's ban on sales of memory chips by american manufacturer micron. i spoke to roy wang of constellation research. he explains the impact that this would have on micron. micron doesn't have that much of a share inside china but main point here is we are in a tit for tat war that basically the cac, the cyberspace administration in china is saying we have seen some security risks, but we can't explain what they are. we are about to get the tat on the us side when the cxmt,

a leading maker of dram chips in china, which will be the biggest beneficiary if micron pulls out of china or allowed to be used in china, we are seeing mike gallagher come in and say, we should actually be restricting them as well. so now we have this tit for tat on chips. we are trying to de—escalate. the idea is to drive down the tension so we don't continue with the chip war and hopefully we will make progress but right now this is a sideshow in the middle of these negotiations. now, indian prime minister narendra modi is in australia for a two—day visit aimed at boosting political and economic ties. last year, two—way trade was valued at roughly $31 billion, and that is unexpected to grow after a free trade deal came into effect last year. phil mercer and arunoday mukharji explain.

india is australia's sixth largest trading partner. last year, the two—way trade in goods and services was worth about 13 billion us dollars but australia once more it sees immense economic opportunities with the world with my biggest democracy. last year, officials from both countries signed an interim trade agreement and second stage negotiations are well under way. second stage negotiations are well underway. now, second stage negotiations are well under way. now, australia is approaching emigration milestone of1 million people of indian origin. there has been a surge in skilled workers and international students coming from india to australia, and this is a country that sees great economic opportunity in those personal connections, those personal connections, those personal connections, those personal journeys those personal connections, those personaljourneys of people coming from india to australia. so, a great dealfor narendra modi and his australian counterpart anthony albanese de to discuss. they

will focus on security, renewable energy and of course trade. australia is always a country with ni on economic diversification. at the moment, australia but that global trade is dominated by china. china is by far australia's biggest trading partner but australia hopes that in the years to come, india and trade with india will continue to grow. there are three key focus areas. _ there are three key focus areas, technology, clean energy and skilling. india has been pitching _ and skilling. india has been pitching itself to be lucrative and reliable and is looking to build — and reliable and is looking to build on _ and reliable and is looking to build on the existing trade partnership with australia worth_ partnership with australia worth over $45 billion. prime minister— worth over $45 billion. prime minister narendra modi has been meeting — minister narendra modi has been meeting the business community in australia including the chief— in australia including the chief of— in australia including the chief of a company and he discussed technology cooperation in the field of mining _ cooperation in the field of mining as well as minerals. he had similar conversations with

other— had similar conversations with other ceos and as to how the companies can help indian companies can help indian companies take bigger steps in the field — companies take bigger steps in the field of green hydrogen. indie — the field of green hydrogen. india has been looking to diversify and extend its footprint in the field of renewable energy and meet its net zero — renewable energy and meet its net zero emissions, especially because — net zero emissions, especially because india is the third largest— because india is the third largest carbon emitter in the world — largest carbon emitter in the world. investments from australia have totalled to $1 billion — australia have totalled to $1 billion. india and australia have — billion. india and australia have penned a free trade agreement which came into effect — agreement which came into effect on the 29th of december last effect on the 29th of december test year— effect on the 29th of december last year and they are looking to have — last year and they are looking to have more conversations to increase — to have more conversations to increase the scope of that and convert — increase the scope of that and convert it _ increase the scope of that and convert it into a larger cooperative agreement. there have been _ cooperative agreement. there have been multiple _ cooperative agreement. there have been multiple reports. cooperative agreement. there l have been multiple reports that alibaba clad unit has started downsizing and that will impact 7% of its staff. the move comes as the company prepares for an ipo. it is part of the earlier

announcement to restructure into six units following a two—year crackdown of china per sector. virgin orbit is officially no more. the rocket company has sold its facility and equipment to a slew of aerospace companies for some $36 million. the firm founded by billionaire sir richard branson to send small satellites into space filed for bankruptcy last month. barcelona is one of the most populous cities in the world but for many of its residents, tourism has become a major challenge. the city is due to hold a local election this weekend and its status as a tourism magnet is one of the top issues driving voters to the polls. another day, another cruise liner adults in barcelona harbour. around 400,000 cruise passengers disembark here each month. the city of gaudi's

modernist architecture and lionel messi football feeds is also a major tourist hub. —— football vts. visitor numbers have returned too close to pre—pandemic levels, 10 million people visited barcelona in 2022, but many locals don't like the impact tourism is having. noise, crowded streets, and unaffordable housing are just some of the problems it causes. translation: ., ,, , translation: tourists end up occu in: translation: tourists end up occunying public— translation: tourists end up occupying public space - translation: tourists end up occupying public space and - translation: tourists end up| occupying public space and that pushes us residents elsewhere. there are so many tourists that the residents don't spend time here in the centre of town. it really makes you sad. the local authorities _ really makes you sad. the local authorities are _ really makes you sad. the local authorities are not _ really makes you sad. the local authorities are not happy - really makes you sad. the local authorities are not happy aboutj authorities are not happy about the situation either. the left—wing local government, in power since 2015, has taken a number of measures to try and curb the growth of tourism,

including closing down around 6000 illegal tourist departments. as she runs very election in a tightly fought race, the mayor is going further, proposing a series of tougher measures that include opposing the mooted expansion of barcelona airport. translation: of barcelona airport. tuna/mom- of barcelona airport. translation: ~ ., ., , ., translation: we have a plan auainst translation: we have a plan against mass _ translation: we have a plan against mass tourism - translation: we have a plan against mass tourism that - against mass tourism that includes not expanding the airport because we cannot have 20 million more tourists. not allowing well free ship terminals to be used and reducing the number of cruise passengers who arrive here by half. and we want to limit further the number of tourist departments and souvenir shops in the city. departments and souvenir shops in the city-— in the city. opposition parties have preposed _ in the city. opposition parties have proposed less _ in the city. opposition parties have proposed less strident l have proposed less strident measures to manage the issue but many in the sector are worried about the backlash against tourism because of its importance for the local

economy. translation: ., , , , , translation: tourism represents around 1496 of — translation: tourism represents around 1496 of the _ translation: tourism represents around 1496 of the city's _ translation: tourism represents around 1496 of the city's gdp. - around 14% of the city's gdp. we are obviously a very important industry. the hotel sector generates 1.9 billion euros a year in barcelona alone. ., ., , alone. the future of tourism in barcelona _ alone. the future of tourism in barcelona will _ alone. the future of tourism in barcelona will depend - alone. the future of tourism in barcelona will depend to - alone. the future of tourism in barcelona will depend to a - barcelona will depend to a great extent on the result of this election. but whatever happens, it is certain to remain a contentious issue but the city's politicians and its residents. and finally a buyer has paid over $6 million for a wristwatch once owned by the last emperor of china. at an auction in hong kong. more than double what it was expected to fetch. pathetic timepiece is one of three to —— it was originally belonged to aisin—gioro puyi who passed it onto one of his translators following the fall of japan in

1945. that is all we have for you now, i'm monica miller. —— patek philippe. keeping active and going on adventures help our bodies and our minds but as we age, can become more of a challenge. this oxford care home is using virtual reality to help residents overcome that. it virtual reality to help residents overcome that. it is at 360 view — residents overcome that. it is at 360 view of _ residents overcome that. it is at 360 view of the _ residents overcome that. it 3 at 360 view of the world. we use really low friction shoes so there is not a lot of effort to move them, it is very simple to move them, it is very simple to do. . , ., to move them, it is very simple to do. . , . to do. the city treadmill can useful people _ to do. the city treadmill can useful people who _ to do. the city treadmill can useful people who usually . to do. the city treadmill can . useful people who usually don't walk at all. the technology can take them to real places where they can even meet up with friends. ~ ., ., friends. we need to live longer better, friends. we need to live longer better. rrot _ friends. we need to live longer better, notjust _ friends. we need to live longer better, notjust live _ friends. we need to live longer better, notjust live longer, - better, notjust live longer, so we need to be active, and to do that is to maintain physical

activity and also social connection.— activity and also social connection. ' ., . connection. the 17 month child has seen _ connection. the 17 month child has seen 40 — connection. the 17 month child has seen 40 people _ connection. the 17 month child has seen 40 people test - connection. the 17 month child has seen 40 people test the i has seen 40 people test the kit. ' ., ., kit. -- 17 month trial. interesting _ kit. -- 17 month trial. interesting and - kit. -- 17 month trial. | interesting and useful, kit. -- 17 month trial. - interesting and useful, nice. i enjoined it. i say there is a definite _ enjoined it. i say there is a definite change in motivation. we had — definite change in motivation. we had a _ definite change in motivation. we had a couple of residents that— we had a couple of residents that would be very resistant to the idea — that would be very resistant to the idea of going for a walk and — the idea of going for a walk and after a few times using the technology, they feel a lot more _ technology, they feel a lot more comfortable. congrats. i went 200 _ more comfortable. congrats. i went 200 metres. _ more comfortable. congrats. i went 200 metres. it _ more comfortable. congrats. i went 200 metres. it is - more comfortable. congrats. i went 200 metres. it is hoped | went 200 metres. it is hoped the positive _ went 200 metres. it is hoped the positive experiences - went 200 metres. it is hoped the positive experiences here will encourage other care homes to make virtual reality for their residents. hey. i'm zof, with the catch—up tonight. illegal vapes. a whatsapp upgrade. and a very, very cute doggie reunion. we now know the names of the teenage boys killed in monday's crash in cardiff.

this is a picture from when they were younger. 16—year—old kyrees sullivan and 15—year—old harvey evans died shortly before these riots broke out. the bbc�*s verified this footage that appears to show a police van following two teenagers shortly before the crash. police have started digging near a reservoir in portugal as the madeleine mccann investigation continues. the operation's being led by german police looking for evidence to link her disappearance to suspect christian bruckner. some other stories for you now. we probably all know someone who vapes, but do you know what could actually be in some of them? the bbc has found some vapes confiscated from school kids have high levels of lead, nickel and chromium. kids using them could be inhaling more than twice the daily safe amount of lead and nine times the safe amount of nickel. manchester uni is taking disciplinary action, which means students could face suspension against 11 students who occupied halls there this

year during a rent strike over the cost of living. now we've probably all sent a whatsapp we regret. i know i definitely have. well, soon you'll be able to edit messages, but only for 15 minutes after you've sent them. time now to leave you with 10 seconds of lovely wholesomeness. this is the moment a pet dog dug it's way out from underground after being trapped in aberdeen for 60 hours. bear was found after its owner was led to the hole by another dog. you're all caught up now. have a good night.

hello, i'm mark edwards from the bbc sport centre. coming up on our programme... pep calls for quick verdicts on the premier league charges against manchester city but promises to stay regardless of the outcome. valencia are hit with a five—match partial stand closure after the racist abuse suffered by real�*s viniciuer in their la liga clash. geraint grinding through the gears at the giro — thomas regains the overall lead in a thrilling 16th stage in italy.