and we look central bank meets. and we look at how a shock _ central bank meets. and we look at how a shock merger— central bank meets. and we look at how a shock merger of - central bank meets. and we look at how a shock merger of the - at how a shock merger of the golf legs could impact the business of the sport. —— league. golf legs could impact the business of the sport. —— league. hello golf legs could impact the business of the sport. —— league. hello and golf legs could impact the business of the sport. —— league. hello and welcome golf legs could impact the business of the sport. —— league. hello and welcome to asia business report and we began a brand—new week and it looks like it is going to be a busy one for central banks from the united states, europe and japan. on wednesday, the us federal reserve will wrap up its two—day meeting to decide on the cost of borrowing in the world's is economy. expectations are high that the fed will hit the pause button but it raise interest rates after ten times this year. policy makers on thursday policymakers from the european central bank are expected to meet and they have a delicate balance of teaming inflation while trying to divide the risk of falling into inflation. ——to

avoid. and japan will discuss policy moods. the ultra— loose in a tree policy expected to be maintained. but investors will also be watching china which is supposed to unveil data later today loan growth and supply money from a good offer some clues on the cash in circulation and the deposit in the financial system. on thursday, we will get a gauge on how factories are performing and a check on the retail pulse for the month of may. i got a take on how the federal will move this week.— take on how the federal will move this week. this will be the first pause _ move this week. this will be the first pause and - move this week. this will be the first pause and its - move this week. this will be i the first pause and its outlook are so pretty much a change inaudible. it will hike interest rates i believe in line with us treasury which are

in the process to fill its cash inaudible.— in the process to fill its cash inaudible. ., , ., ., inaudible. the european central bank revised _ inaudible. the european central bank revised some _ inaudible. the european central bank revised some of— inaudible. the european central bank revised some of its - bank revised some of its figures and said that the economy is shrinking ever so slightly. what can we expect them to do? i slightly. what can we expect them to do?— them to do? i believe if you look at it. — them to do? i believe if you look at it, although - them to do? i believe if you look at it, although it - them to do? i believe if you look at it, although it is - look at it, although it is becoming tighter, the cpi is elevated and if you look at current guidance it seems to us there is still an interest rate hike trajectory.— hike trajectory. another potential— hike trajectory. another potential hike. - hike trajectory. another potential hike. china i hike trajectory. another| potential hike. china has hike trajectory. another i potential hike. china has a bunch of data coming up, what will you be focused on? this cominu will you be focused on? this coming thursday _ will you be focused on? this coming thursday we - will you be focused on? this coming thursday we will- will you be focused on? ti 3 coming thursday we will look at a slew of chinese data. if you look at the last two weeks,

inaudible china policymakers may start to inaudible do not forget this thursday we have the announcement about key policies. it has been unchanged since august last year at 2.75%. it since august last year at 2.7596. , . ., 2.7596. it is official, billionaire - 2.7596. it is official, billionaire financier| 2.7596. it is official, . billionaire financier out george soros is handing over the control of his $25 billion empire to his son, alex. the move was confirmed after interview with the wall street journal. the 92—year—old had previously said he did not want his foundation to be taken over by one of his children but when asked about this decision to pass on the reins over to a

son, mr cyrus said he had earned it. meanwhile work is under way for the british front after its boss quit over the weekend. —— soros. following allegations from eight we met that he sexually assaulted them. he was known for beating against the british pounds. he has culled the allegation rubbish. the three way tie up unannounced and the golf world between the well—established pga tour, dp world tour and liv backed by saudi arabia public investment fund. it ends two years of bitter conflict but has also left players and some fans in shock, especially over the future of the spot. earlier i spoke to david rowe from western sydney university and he gave me his thoughts on the merger. he gave me his thoughts on the

meruer. ., , ., ., ., .,, merger. the transformation has been happening _ merger. the transformation has been happening for _ merger. the transformation has been happening for a _ merger. the transformation has been happening for a couple - merger. the transformation has been happening for a couple of| been happening for a couple of years, liv funded by the saudi arabia public investment fund and after being about to go to court and essentially peace has broken out. court and essentially peace has broken out-— broken out. some people have accused the — broken out. some people have accused the saudi _ broken out. some people have accused the saudi government| broken out. some people have i accused the saudi government of sports washing. in terms of making something look better thanit making something look better than it is, turning away from some of the criticism about its human rights practices. do you think sports washing actually works. it think sports washing actually works. , ., , think sports washing actually works. , ., ., ., works. it is a very traditional tactic. works. it is a very traditional tactic and — works. it is a very traditional tactic. and it _ works. it is a very traditional tactic. and it does _ works. it is a very traditional tactic. and it does apply - works. it is a very traditional tactic. and it does apply to l tactic. and it does apply to nations to saudi arabia, australia, the united states etc. it is a tactic which

attempts to use the kind of gloss of spot to cover over sometimes human rights violations, that kind of thing, or expansion practices of various kinds. it is and i really really, i suppose, as people have pointed out, the more you try to wash somethings away, the more they become visible. as a tactic, it does not necessarily work very well but don't forget, this is also very much an economic strategy. it is an attempt, for example in the case of saudi arabia, to break out of its dependency on fossilfuel break out of its dependency on fossil fuel and break out of its dependency on fossilfuel and get into break out of its dependency on fossil fuel and get into the service sector and entertainment sector. [30 service sector and entertainment sector. do the fans care? — entertainment sector. do the fans care? something, - entertainment sector. do the fans care? something, somej fans care? something, some don't. fans care? something, some don't- teke _ fans care? something, some don't. take for _ fans care? something, some don't. take for example - fans care? something, some | don't. take for example when saudi arabia's fund took over

newcastle football club, some fans were wearing what some would call arab regalia and had no problems and otherfans would call arab regalia and had no problems and other fans are worried about it and human rights groups also. abs, worried about it and human rights groups also.- rights groups also. a quick check on — rights groups also. a quick check on how _ rights groups also. a quick check on how energy - rights groups also. a quick i check on how energy markets closed on friday. oil prices are down, making their second straight week of decline. saudi arabia recently moved to cut output in a bid to increase growth. but there are fears it may not have been enough as china expert data continued to weigh on the market. speaking of energy, our huge appetite for renewables have resulted in a new race, this time for raw materials like nickel and cobalt. you can either dig them out of the ground or in theory, dig them off the ocean floor but as we shall sorry find out, seabed mining might be more

complex than it seems. this robot was designed to collect rare metals from the ocean floor like nickel and cobalt, by a process they call a selective harvesting. using artificial intelligence and sensors, it is able to recognise the valuable metals while leaving important marine ecosystems intact.— while leaving important marine ecosystems intact. really focus on preserving _ ecosystems intact. really focus on preserving the _ ecosystems intact. really focus on preserving the habitat. - ecosystems intact. really focus on preserving the habitat. this| on preserving the habitat. this man brought _ on preserving the habitat. this man brought us _ on preserving the habitat. this man brought us to _ on preserving the habitat. this man brought us to this bay in ontario, canada. we man brought us to this bay in ontario, canada.— man brought us to this bay in ontario, canada. we are trying to invent the _ ontario, canada. we are trying to invent the different - ontario, canada. we are trying to invent the different ways - to invent the different ways for deep sea mining. when i saw what was being done and the fact there was really no innovation for 50 years, it is the same architecture that was tested, why are we not using robotics and ai? tested, why are we not using robotics and al? the tested, why are we not using robotics and ai? robotics and al? the decision about whether _ robotics and al? the decision about whether to _ robotics and al? the decision about whether to allow - robotics and al? the decision about whether to allow deep | robotics and al? the decision i about whether to allow deep sea money will be taken thisjuly by un body that controls exploitation of the seabed. so this machine has been designed to mine the ocean floor,

without, in theory, causing too much damage. the concept here is to try to find a greener alternative to dredging technology.— alternative to dredging technology. alternative to dredging technolo: . , , ., technology. the eyes of the system. _ technology. the eyes of the system. the _ technology. the eyes of the system, the cameras i technology. the eyes of the system, the cameras are i technology. the eyes of the system, the cameras are at| technology. the eyes of the i system, the cameras are at the front, it helps us see where we're going and what we want to pick up. the cloth selectively picks up the nodules and once they have been picked up, we offset the weight of the system with the buoyancy engine and it keeps us hovering over the seabed. ., , ., seabed. the target, deep down at the bottom _ seabed. the target, deep down at the bottom of _ seabed. the target, deep down at the bottom of the _ seabed. the target, deep down at the bottom of the ocean, i at the bottom of the ocean, incredible reserves of the metals needed for new technology.— metals needed for new technolo: . �* ., ., ., technology. between hawaii and mexico, technology. between hawaii and mexico. the _ technology. between hawaii and mexico, the size _ technology. between hawaii and mexico, the size of— technology. between hawaii and mexico, the size of the - technology. between hawaii and mexico, the size of the nickel i mexico, the size of the nickel deposit is larger than the entire global terrestrial deposit. entire global terrestrial de osit. , entire global terrestrial deosit. , , ., . deposit. this is polymetalic module an _ deposit. this is polymetalic module an people - deposit. this is polymetalic module an people want i deposit. this is polymetalic module an people want to l deposit. this is polymetalic- module an people want to make batteries— module an people want to make batteries out of them.— batteries out of them. some scientists — batteries out of them. some scientists say _ batteries out of them. some scientists say we _ batteries out of them. some scientists say we have i batteries out of them. some scientists say we have to i batteries out of them. some l scientists say we have to mind but others on mining these

potato sized rocks will devastate marine life. i worry basically about _ devastate marine life. i worry basically about pollution. i basically about pollution. you're stirring up sediments whenever you dredge and it can be dispersed across the entire i shall essentially and that could be a threat to marine life. , ., , . life. so there is a difficult decision. _ life. so there is a difficult decision. the _ life. so there is a difficult decision. the planner's . life. so there is a difficult i decision. the planner's largest source of battery metals like dependency where mining's impact will be profound. michelle flurry, bbc news, collingwood, canada. that is all we have to you on this edition of asia business report you can keep up with the latest news by visiting our website. thank you for watching. i was

iwasa i was a comedian and performer in belfast. $5 i was a comedian and performer in isafest-— in belfast. as a charger with jimmy carter— in belfast. as a charger with jimmy carter and _ in belfast. as a charger with jimmy carter and bill- in belfast. as a charger with| jimmy carter and bill clinton both of them wish me a happy birthday. both of them wish me a happy birthda . ~ ., ,u , birthday. what did the boffins actually find? _ birthday. what did the boffins actually find? are _ birthday. what did the boffins actually find? are you - birthday. what did the boffins| actually find? are you allowed to call them — actually find? are you allowed to call them boffins? - actually find? are you allowed to call them boffins? with i to call them boffins? with affection- _ hello. coming up on the programme: after 15 years of chasing, roger federer and the dark, never kakhovka veg becomes the player with the most grand slam titles. —— fed rafael nadal, novak djokovic.

and australia warmed up for the ashes by becoming world test champions. welcome to the programme. novak djokovic has made tennis history by claiming he is 23rd grand slam singles title. he is now one more grand slams than any other male player in history, one more than rafael nadal, and the first to win each of the grand slams three or more times. his opponent was playing in his second successive french open final and was beaten again. never chuck veg now move back into the well�*s number one spot. of course the journey is still not over. i spot. of course the “ourney is still not over._ spot. of course the “ourney is still not oveni still not over. i feel if i'm winning _ still not over. i feel if i'm winning why _ still not over. i feel if i'm winning why even - still not over. i feel if i'm winning why even think. still not over. i feel if i'm i winning why even think about ending the career that already has been going on for 20 years

so, i still feel motivated, i still feel inspired to play the best tennis on these tournaments the most, grand slams, they are the ones that count the most in the history of our sport and i look forward already to wimbledon. minutes after his win, _ already to wimbledon. minutes after his win, rafa _ already to wimbledon. minutes after his win, rafa nadal i already to wimbledon. minutes after his win, rafa nadal who i after his win, rafa nadal who is not playing in the french open because he is injured, played tribute to his longtime rival... the french open tournament director insisted the prime time slots at roland garros are now more equally shared between male and female players but she does think more can be done with the night matches. they are promoted as the highlight of the open. but only one women's match was scheduled for

that timeslot. i women's match was scheduled for that timeslot.— that timeslot. i am comfortable with the scheduling _ that timeslot. i am comfortable with the scheduling on - that timeslot. i am comfortable with the scheduling on the i that timeslot. i am comfortable with the scheduling on the day| with the scheduling on the day but, yes, we can do better on the night matches. i believe that answers your question. but because you gave me numbers last year also under the date because it was more of an over roll kind of statement or fax that you're me last year. my point is this year we put definitely way more women's matches on the prime slots into thousand 23. it does not make it perfect yet. because of these night matches that are unique and that is where i come to the lands and we talked about it last year or so. staying with tennis but switching surfaces — three—time grand slam champion andy murray has claimed his first grass

court singles title