leaders of the 620 end the two—day summit in delhi. we look at whether economic balance is now shifting. and the us marks a new phase in its relationship with vietnam by strengthening its ties with one of the world's fastest growing economies. welcome to asia business report. we begin in india, where world leaders have just wrapped up the two—day summit of the 620. as we've heard, it ended with a lot of debate around the water down language around the water down language around russia. but what were some of the major economic outcomes from summit? are india business correspondent sent us this report.

india's glitzy 620 presidency ending with a gavel handed to brazil. thejoint ending with a gavel handed to brazil. the joint declaration avoided condemning russia's war, but the inclusion into the african union was seen as a major achievement. african union was seen as a majorachievement. i african union was seen as a major achievement.- african union was seen as a major achievement. ma'or achievement. i think this is major achievement. i think this is a really _ major achievement. i think this is a really good _ major achievement. i think this is a really good move _ major achievement. i think this is a really good move and - major achievement. i think this is a really good move and mds| is a really good move and mds should be complemented for champion it.— this, even as $100 billion promised by western countries every year, to help developing countries mitigate climate impact, is still nowhere in sight. impact, is still nowhere in si-ht. , :: impact, is still nowhere in siuht. , :: ., ., impact, is still nowhere in siuht. , :: ., . ., , sight. 620 now has a mechanism on climate _ sight. 620 now has a mechanism on climate finance, _ sight. 620 now has a mechanism on climate finance, so _ sight. 620 now has a mechanism on climate finance, so does - on climate finance, so does that— on climate finance, so does that mean the $100 billion promised from the west is pretty— promised from the west is pretty much dead now? | promised from the west is pretty much dead now? i don't think it is _ pretty much dead now? i don't think it is a — pretty much dead now? i don't think it is a question _ pretty much dead now? i don't think it is a question of- think it is a question of

writing _ think it is a question of writing off— think it is a question of writing off this, - think it is a question of writing off this, and . think it is a question of. writing off this, and now think it is a question of- writing off this, and now that von've — writing off this, and now that you've come _ writing off this, and now that you've come up _ writing off this, and now that you've come up with - writing off this, and now that you've come up with a - writing off this, and now that you've come up with a newerj writing off this, and now that - you've come up with a newer way of the _ you've come up with a newer way of the funding _ you've come up with a newer way of the funding climate, _ you've come up with a newer way of the funding climate, can't - of the funding climate, can't keep— of the funding climate, can't keep going _ of the funding climate, can't keep going on _ of the funding climate, can't keep going on on _ of the funding climate, can't keep going on on that. - of the funding climate, can'tj keep going on on that. what will have _ keep going on on that. what will have its _ keep going on on that. what will have its own _ keep going on on that. what will have its own role - keep going on on that. what will have its own role to - keep going on on that. what. will have its own role to play? climate — will have its own role to play? climate issues _ will have its own role to play? climate issues are _ will have its own role to play? climate issues are a _ will have its own role to play? climate issues are a great - climate issues are a great sense _ climate issues are a great sense of— climate issues are a great sense of urgency. - climate issues are a great sense of urgency.- climate issues are a great sense of urgency. the other big ush at sense of urgency. the other big push at g20 _ sense of urgency. the other big push at g20 by _ sense of urgency. the other big push at 620 by countries - sense of urgency. the other big push at 620 by countries like i push at 620 by countries like india was for bigger, better, more effective multilateral institutions and the joint declaration says that significant work is being done to help unlock at least $200 billion of additional lending capacity through these banks over the next decade. but more immediate action is lacking, say experts. i immediate action is lacking, say exnerts-_ say experts. i would respect there was — say experts. i would respect there was a _ say experts. i would respect there was a world _ say experts. i would respect there was a world map. - say experts. i would respect| there was a world map. their ability to provide finances countries need goes up. we

haven't seen very much of a movement here. fin haven't seen very much of a movement here.— movement here. on the sidelines, _ movement here. on the sidelines, a _ movement here. on the sidelines, a major- movement here. on the - sidelines, a major announcement to construct a large corridor linking india to the middle east and europe. some say this is a direct counter to china's road initiative to build infrastructure across the world. an action plan is expected in the next two months. just a short while back, i asked expertjames just a short while back, i asked expert james crabtree of the summit was a success. i think what happened was the west had a choice. either they could dig their heels in the language of ukraine or allow india to have a successful declaration and the successful 620 that india wanted. 6iven 620 that india wanted. given the importance of the west relationship with india, the west decided to give in a little bit on ukraine. the declaration was published and therefore this has been a good

summit for prime minister narendra modi._ summit for prime minister narendra modi. another aspect that has been _ narendra modi. another aspect that has been pitched - narendra modi. another aspect that has been pitched as - narendra modi. another aspect that has been pitched as a - that has been pitched as a success story has been the entry of the african union. how successful in that sense has india been in trying to be the voice of the global south? i think that's a symbolically interesting move. 0ne think that's a symbolically interesting move. one of india's some things here be on the fact that the 620 was part of the prime minister modi's reelection campaign, and he is competed with china to be the representative of the global south. bringing the african union into the 620 infrastructure will be a clever step, i think, infrastructure will be a clever step, ithink, towards infrastructure will be a clever step, i think, towards that goal. i step, i think, towards that coal. ., step, i think, towards that coal. ~' ., ., step, i think, towards that coal. ~ ., ., . goal. i think another aspect was this proposal _ goal. i think another aspect was this proposal to - goal. i think another aspect was this proposal to have i goal. i think another aspect was this proposal to have a | was this proposal to have a rival to for china's initiative. what does that mean for china in the west? irate initiative. what does that mean for china in the west? we need to be clear _ for china in the west? we need to be clear that _ for china in the west? we need to be clear that was _ for china in the west? we need to be clear that was not - for china in the west? we need to be clear that was not a - to be clear that was not a 620 proposal. 0ften now, the 620 is so divided between the west and

russia and china, many of the most significant announcements have happened as a subgroup within it. that's what's happened here with this infrastructure plan with the united states and some of the gulf countries. i think it remains to be seen how effective this will be. symbolically, it is useful for the united states and its partners to be in this big infrastructure game. you said infrastructure game. you said in the past — infrastructure game. you said in the past china's _ infrastructure game. you said in the past china's diplomacy| in the past china's diplomacy is only gathering strength. despite the optics, will xi jinping's absence will make an opportunity? i jinping's absence will make an opportunity?— opportunity? i think it allowed india to have _ opportunity? i think it allowed india to have a _ opportunity? i think it allowed india to have a more - opportunity? i think it allowed | india to have a more successful summit and it also present president biden more centrally. it wasn't good for china, but many other diplomatic initiatives like the bricks enlargement show china pushing ahead with his plan to engage with the global south, and that's been a regional beast successful strategy.- that's been a regional beast successful strategy. that was james crabtree _ successful strategy. that was james crabtree speaking - successful strategy. that was james crabtree speaking to l successful strategy. that was i james crabtree speaking to me

on the programme. after the 620 summit, us presidentjoe biden flew to vietnam on the same day for the final destination of his big asia tour. the vision that focused on deepening relations between the us and china, showing no sign of abating. vietnam has also become an opportunity for investors, as some businesses have moved their supply away from china and into countries like vietnam. the outcome of the trip shows america these vietnam as a crucial economic partner. i’m crucial economic partner. i'm surprised _ crucial economic partner. i“n surprised something like this has happened, given china's influence, and i think it's always been a thorn in the side of vietnam. for us, that will very much be welcomed because it means that the closer ties between the countries. it clear

that's become the focus area for the vietnamese government, as it looks to upsell its own and sadness from manufacturing to more high—tech businesses to drive economy further. you to more high-tech businesses to drive economy further.— drive economy further. you have been investing _ drive economy further. you have been investing in _ drive economy further. you have been investing in vietnam - drive economy further. you have been investing in vietnam for i drive economy further. you have been investing in vietnam for a l been investing in vietnam for a while. what are the opportunities in your opinion and what distinguishes vietnam from other countries to potential investors? we've been investinu potential investors? we've been investing in _ potential investors? we've been investing in vietnam _ potential investors? we've been investing in vietnam in - potential investors? we've been investing in vietnam in the - investing in vietnam in the tech scene for more than a decade now. we're fortunate enough to be early backers in at least one of the companies. vietnam has been seen as behind the rest of southeast asia, especially singapore, indonesia, thailand in terms of this. one of the best development we've seen is for

2023, vietnam overtook indonesia in terms of the amount of capital is been deployed. we see the country cashing out quite quickly. in terms of the opportunities, the still remain in a course traditional sector. the iron triangle e—commerce. but we also see a lot of potential in areas relating to digitalisation of agriculture. we saw something similar in e6 asia. 0ne we saw something similar in e6 asia. one of the early over there has now become a for billion dollar company through digitalisation of agriculture -- $1.4 digitalisation of agriculture " $1.1; billion. digitalisation of agriculture -- $1.4 billion.— digitalisation of agriculture -- $1.4 billion. �* ., , -- $1.4 billion. and more news, china's ali — -- $1.4 billion. and more news, china's ali baba _ -- $1.4 billion. and more news, china's ali baba has _ -- $1.4 billion. and more news, china's ali baba has announced | china's ali baba has announced daniel sung will step down from its cloud business. less than

nine months after taking over. it came to the same day that he was scheduled to hand over the company to a new chairman. mr zhang had been serving in three rows and currently, heading the group as well as the cloud intelligence unit. the unit is china's largest cloud provider and is that to be spun off from ali baba as part of the group's restructuring. at least three major chinese cities have removed the sit —— restrictions on home—buying as the asian giant rolls back to crack down on the property sector in a bid to revive its economy. these announcements come on the heels of a series of nationwide support measures for the property sector, including lower mortgage rates for first—time buyers. china's property sector accounts for one quarter of an activity. it had been on a downward spiral since 2021, when the government move to swap developers from accumulating debt. as a rundown

of some of the economic events that we are watch out for this week. on tuesday, the recent host of 620 summit will be releasing its inflation figures and extreme weather events have affected crops and lead to price shocks for food items. 0n price shocks for food items. on wednesday, we'll get inflation figures for the us economy, so one of the one to watch out for. the federal reserve will have its next meeting later this month. finally on friday, the focus will be on china, which is due to release retail sales data as well as unemployment figures. consumers there have been holding back on spending. that's all for the moment. thanks very much for watching. bbc news, bringing you different stories from across the uk.

it was the picture of a lifetime, a creature once classed as extinct in england, hunting rabbits at the end of yorkshire's spurn peninsula. it's amazing. there's a lot of emotions all at once. there's the beauty of seeing the animal. there's the sort of terror of knowing that you've found something rare. and if you don't get a photograph, nobody will believe you — disbelief. how can the possibly be of pinw martin here at spurn? we're miles from woodland. and the answer to that was found in this footage, recorded a full 70 miles away in yorkshire's dalby forest. what's really unique about this instance, is that we've been able to identify the pine marten at two ends of this adventure. it has a very distinctive, creamy yellow pattern with two, particularly the two blank patches in it. we refer to them as two dots, just as a nickname. as soon as we saw the photo from spurn, we recognised that we've seen it on cameras in dalby forest. now, it's unclear why

two dots decided to go on his epic adventure, but experts say it's a positive sign of an animal attempting to expand his territory. potentially in the future, we'll be looking at species translocations. so bringing pine martens from scotland to boost numbers in yorkshire. bbc news — bringing you different stories from across the uk.

this is the village of barton near leek in staffordshire, who take the tradition of a scarecrow competition to a whole new level. so, while weeks festival has been going on for hundreds of years, and that is to celebrate normally the end of the holidays for what was our traditional copper mines within the area, we felt that scarecrow festival fitted in really nicely and it's been running for three years now. to be fair, we've had a really, really good number of scarecrows and it's probably got a little bit more competitive every year. this scarecrow was the design of my five—year—old little girl. so, it's "row, row, row your boat." and if you see a crocodile, don't forget to scream. the theme of the competition is voted on by residents of the village in a facebook poll. however, they have been a bit loose with the definition of a nursery rhyme. i think it's taken very seriously with a pinch of salt. to be fair, we have a lot of fun with it. it's just about trying to bring people together, get the kids something to to enjoy,

just generally bring everyone together, raise some money and make a bit of a community feel. i've been particularly taken with the humpty dumpty who's sitting just up the wall because he actually has all the king's horses and all the king's men hidden hidden in the wall. i drove past about five times before i noticed them, so it was good to discover them hidden away. for more stories from across the uk, head to the bbc news website. hello and welcome to sportsday. i'm lizzie greenwood—hughes. the headlines tonight. luis rubiales resigns as president of the spanish fa over that kiss. defending champions south africa open their world cup campaign with victory over scotland. and so long, mo. britain's greatest long—distance runner signs off after a glittering career.

welcome to the programme. luis rubiales has resigned as president of the spanish football federation following extensive criticism for kissing the spain forward jenni hermoso at the women's world cup final presentation ceremony. hermoso said the kiss after spain won the final was not consensual and she filed a legal complaint last tuesday. speaking on piers morgan uncensored, rubiales said he can't continue his work. joe lynskey reports. it was the image that overshadowed spain's world cup winning moment. a kiss from the federation president that's brought three weeks of fallout.