as the central bank meets. ——us. and we look at how a shock merger of the world's top golf leagues could impact the business of the sport. hello and welcome to asia business report, i'm monica millar 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 largest economy. expectations are high that the fed will hit the pause button this week after it raised interest rates ten times this year. on thursday policymakers from the european central bank are expected to meet and they have a delicate balance of taming inflation while trying to avoid the risk of falling into a recession. and rounding off the week, bank ofjapan will in session to debate on its monetary policy moves.

earleir i spoke to calvin wong of avanda and he gave me his take on how he thinks the federal will move this week. pretty much unchanged so this will be the first pause and its current interest rate outside look so pretty much unchanged at 5%-5.25% so pretty much unchanged at 5%—5.25% so the reason being over here is that i do not believe poor poor outwage. it will hike interest rate in line with us treasury which are in the process of issuing a massive amount of issuing a massive amount of t bills to fill up its cash cradits. china has a bunch of data coming out, what will you be focused on? this coming thursday we will look at a slew of chinese data — industrial production, retail sales as well as housing, price index data. if you look at the last two weeks, and if this data is weaker than expected china policymakers may start to tilt toward inaudible do not forget this thursday we have the announcement about key interest ratre policies.

it has been unchanged since august last year at 2.75%. india's financial crime and energy has issued notices to deutsche bank, hsbc and others over alleged foreign exchange action. we arejoined live over alleged foreign exchange action. we are joined live from mondo. action. we are “oined live from mondo. ~ . action. we are “oined live from mondo. . action. we are “oined live from mondo. ~ . mondo. what can you tell us? this is the _ mondo. what can you tell us? this is the case _ mondo. what can you tell us? this is the case of _ mondo. what can you tell us? this is the case of notice - this is the case of notice issued by the enforcement directorate against alleged illegal action by xiamen india account into overseas entities under the guise of royalty payments. the same notice issued to deutsche bank and

others for not stopping these illegal payments and not doing their due diligence. this is a case ongoing for the last year orso case ongoing for the last year or so so the investigation to a tune of about $670 million have been frozen in the country and xiamen has lobbied the government to freeze these accounts and they have said all payments are legitimate. we have not yet had a response from the banks because the notice came in on a friday evening so perhaps there will be some statement issued later today but a show cause notice is given when the probing agency is seeking an explanation from the accused on the wrongdoing on what action they should be taking and this is simply a setback for xiamen which has a huge share in the india's market and it is in

fact one of the largest manufacturers of smart phones and if found guilty they will potentially pay a massive penalty so we will be tracking this closely.— penalty so we will be tracking this closely. they certainly do have a large _ this closely. they certainly do have a large share, _ this closely. they certainly do have a large share, thank - this closely. they certainly do have a large share, thank you very much for the update. it is official, billionaire financier george soros is handing over the control of his $25 billion empire to his son, alex soros. 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 his son, mr soros said he had earned it. 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 sport. earlier i spoke to david rowe from western sydney university and he gave me his thoughts on the merger. the transformation has been happening for a couple of years, betwen europena and us tourand liv of years, betwen europena and us tour and liv funded by the saudi arabia public investment fund and after being about to go to court and essentially peace has broken out. some people have accused the saudi government of sports washing. it is not just it is notjust golf we are looking. in terms of making something look better thanit 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 is a very traditional tactic. and it does not only apply to nations to saudi arabia, it applies to australia, the united states etc. it is a tactic which attempts to use the kind of gloss of sport to cover over sometimes human rights violations, that kind of thing, or expansion practices of various kinds. it is an irony really, it is an irony really, i suppose, as people have pointed out, the more you try to wash somethings away, the more it becomes 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 of its dependency on fossil fuel and of its dependency on fossilfuel and get into fossil fuel and get into the fossilfuel and get into the service sector and the entertainment sector. do the fans really care? some do, some don't. take for example when saudi arabia's fund took over newcastle united football club, some fans were wearing what some regarded as arab regalia and had no problems and otherfans are worried about it and human rights groups also. a huge appetite for renewables have resulted in a new race, this time for raw materials like nickel 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, via 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. we are really focussed on preserving the habitat. this man brought us to this bay in ontario, canada. we are really trying 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, it was like, why are we not using robotics and ai? not using robotics and al? the decision 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.

the eyes of the system, the cameras are at the front, and that helps us see where we're going and what we want to pick up. the claw 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. the target, deep down at the bottom of the ocean, incredible reserves of the metals needed for electronics and renwable new technology.— for electronics and renwable new technology. between hawaii and mexico. _ new technology. between hawaii and mexico, the _ new technology. between hawaii and mexico, the size _ new technology. between hawaii and mexico, the size of- new technology. between hawaii and mexico, the size of the - and mexico, the size of the nickel and cobalt deposit is larger than the entire global terrestrial deposit. this is polymetalic module an people want to make batteries out of them. some _ batteries out of them. some scientists say we have to mine them but others on mining these potato sized rocks will devastate marine life. i worry about basically about pollution. you're stirring up sediments whenever you dredge and it can

be dispersed across the entire ocean essentially and that could be a threat to marine life. so there is a difficult decision. the planner�*s largest source of battery metals lie deep in the sea 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. sarin has had a tech since she was a child but was not officially diagnosed with tourette's. it has been

difficult but having a diagnosis help. my difficult but having a diaunosis hel. g ., diagnosis help. my mental health was _ diagnosis help. my mental health was so _ diagnosis help. my mental health was so much - diagnosis help. my mental| health was so much better. diagnosis help. my mental l health was so much better. i was actually enjoying things. trying to hide it takes all of the enjoyment out of everything and itjust meant i was not really living, i wasjust and itjust meant i was not really living, i was just sort of surviving. to read is a neurological condition which means it is in the brain and makes us make involuntary movements and sounds. i started my social media channel and i get so many messages from people saying i have helped me lots of different ways. it is just a massive confidence boost. ,, , just a massive confidence boost. . , ., just a massive confidence boost. ,, , ., ., . boost. she is now part of a campaign _ boost. she is now part of a campaign by _ boost. she is now part of a campaign by the _ boost. she is now part of a campaign by the direct - boost. she is now part of a i campaign by the direct action charity to dispel myths over the condition. to raise money for the charity, she is running five kilometres every day throughout tourette's awareness month. she has also lost a son and his helped on her run. i just think she is just amazing. seven— just think she is just amazing. seven been part of the team to add that myths and stereotypes

around the conditions that affect around 300,000 people throughout the uk. for affect around 300,000 people throughout the uk.— throughout the uk. for more stories across _ throughout the uk. for more stories across the _ throughout the uk. for more stories across the uk, - throughout the uk. for more stories across the uk, head i throughout the uk. for more | stories across the uk, head to the bbc— stories across the uk, head to the bbc website. _ from the outside, this car looks pretty standard but it is no ordinary car. take a closer

look inside, there is no driver or is there? don't worry, it is all legit and part of a study at the university of notre—dame ham to how autonomous cars could work on the road. it has been really — could work on the road. it has been really good _ could work on the road. it has been really good fun. - could work on the road. it has been really good fun. they . could work on the road. it has| been really good fun. they say research is a serious but this is really good fun.— is really good fun. current legislation _ is really good fun. current legislation means - is really good fun. current legislation means you - is really good fun. current. legislation means you cannot have a car without someone in the driving seat so the team have replicated what would be a computer driving the car. it is really interesting _ computer driving the car. it 3 really interesting watching people's responses from outside the vehicle as they see a seemingly is trouble is, once you get in so you can really see how this work.- you get in so you can really see how this work. you have david enter _ see how this work. you have david enter the _ see how this work. you have david enter the front, - see how this work. you have | david enter the front, behind the seat and then someone in the seat and then someone in the back manipulating the visual display on the outside of the car which shows when the vehicle is giving way, for example. vehicle is giving way, for example-— vehicle is giving way, for examle. , , example. the trust was very hi . h. example. the trust was very high- we — example. the trust was very high- we see _ example. the trust was very high. we see that _ example. the trust was very high. we see that in - example. the trust was very high. we see that in save i example. the trust was very high. we see that in save a l high. we see that in save a result, people's behaviour, in that they do not wait for the

vehicle and cross in front of it. when they have a display in front of the car, people are much more confident to walk out in front of it because of the intent is clear. hello. i'm karthi gnanasegaram, from the bbc sport centre. coming up on the programme — after 15 years of chasing federer and nadal, novak djokovic finally becomes the men's player with the most grand slam titles. manchester city's treble winners touch down. the champions league trophy will be added to those waiting at home, with all three to be paraded at a celebration on monday. and australia's men have warmed up for the ashes by becoming cricket's world test champions. welcome to the programme. novak djokovic has made tennis history by claiming his 23rd

grand slam singles title, beating casper ruud