leaders of the 620 and a two—day summit in delhi. we look at whether economic balance is shifting among its members. 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. hello and welcome to asia business report with me. we begin in india where world leaders have just wrapped begin in india where world leaders havejust wrapped up that two—day annual summit of the 620 and as we've been hearing on newsday, it ended with a lot of debate around the watered—down language on russia in thejoint declaration watered—down language on russia in the joint declaration but what were some of the economic outcomes from the summit?

india's glitzy 620 presidency ending with the gavel handed over to brazil. they avoided condemning russia's war in ukraine with the inclusion of the african union was seen as a major achievement. the african union was seen as a majorachievement. i the 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 - is a really good move and again, india should be complemented to champion nick that they got support from the other countries —— championing it. other countries -- championing it. , :: other countries -- championing it, , i: ., other countries -- championing it. , i: ., ., it. the 620 vowed to trickle renewable _ it. the 620 vowed to trickle renewable energy _ it. the 620 vowed to trickle renewable energy capacity l it. the 620 vowed to trickle i renewable energy capacity and scale up financing for billions to trillions of dollars. this even as the hundred billion dollars promised by the western countries every year to help developing countries mitigate climate impact is still no bear —— nowhere in sight. climate impact is still no bear -- nowhere in sight.- climate impact is still no bear -- nowhere in sight. 620 now has its own — -- nowhere in sight. 620 now has its own mechanism - -- nowhere in sight. 620 now has its own mechanism on - has its own mechanism on climate finance so does that mean that the hundred billion dollars promised from the worst of the developed countries 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- pretty much dead now? i don't think it is a question of are - think it is a question of are you — think it is a question of are you writing off this hundred billion— you writing off this hundred billion that was promised earlier— billion that was promised earlier and now that you have come — earlier and now that you have come up _ earlier and now that you have come up with a newer way of the funding — come up with a newer way of the funding climate, what could have — funding climate, what could have come earlier of the hundred _ have come earlier of the hundred billion kinky on that. climate — hundred billion kinky on that. climate issues retain great sense _ climate issues retain great sense of— climate issues retain great sense of urgency. —— can come early— sense of urgency. —— can come early on — sense of urgency. —— can come early on that. it sense of urgency. -- can come early on that.— early on that. it was for bigger. _ early on that. it was for bigger, better, - early on that. it was for bigger, better, more i early on that. it 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 bags over the next decade had more immediate action is lacking say experts. i immediate action is lacking say exerts. ., ., , . experts. i would have expected it that there _ experts. i would have expected it that there is _ experts. i would have expected it that there is a _ experts. i would have expected it that there is a roadmap, - experts. i would have expected it that there is a roadmap, a i it that there is a roadmap, a very clear roadmap to ensure that the multilateral banks are recapitalised and their ability to provide finance to these

countries in need actually goes up. we haven't seen very much of a movement there. fin up. we haven't seen very much of a movement there.— of a movement there. on the sidelines _ of a movement there. on the sidelines of _ of a movement there. on the sidelines of the _ of a movement there. on the sidelines of the summit, - of a movement there. on the sidelines of the summit, a i sidelines of the summit, a major announcement to construct a large well and shipping corridor linking india to the middle east and europe. some say this is a direct counter to china's belt and initiative to build infrastructure across the world. an action plan is expected in the next two months. and earlier i also spoke to trade and political expert james crabtree and expert james cra btree and asking expert james crabtree and asking about the two—day summit and whether he felt it was a success for india. i and whether he felt it was a success for india.— and whether he felt it was a success for india. i think what happened _ success for india. i think what happened in _ success for india. i think what happened in the _ success for india. i think what happened in the summit i success for india. i think what happened in the summit is i success for india. i think what l happened in the summit is that the west had a choice. either they could dig their heels in on the language of ukraine or they could allow india to have a successful declaration and therefore the successful 620 that india wanted, and given the importance of the rock rest�*s relationship with india, the west decided to give in a little bit on ukraine ——

importance of the west's relationship with india. this was a successful narendra modi. and the other thing that was a sex story was the entry of the african union. —— success story. how important has india been as a voice of the global south? i been as a voice of the global south? ., . been as a voice of the global south? ~ ., , ., south? i think that is a symbolically _ south? i think that is a | symbolically interesting south? i think that is a - symbolically interesting move. 0ne symbolically interesting move. one of the things beyond the fact that the 620 was part of narendra modi's re— election campaign was that india was competing with china to be the representative of the global south and so bringing the african union into the 620 infrastructure albeit not into the group itself formally, i think is a clever step towards that goal. think is a clever step towards that goal-— think is a clever step towards that coal. �* ~ ., ., that goal. and i think another as - ect that goal. and i think another aspect that — that goal. and i think another aspect that caught _ that goal. and i think anotherj aspect that caught everyone's attention was this proposal to have a rival to china's belt and initiative. what does that mean for china and the west? i think you need to be clear that that wasn't a 620 proposal,

after now the 620 is so divided between the west and russia and china, many of the most significant announcements of the 620 happened as a subgroup within it and that is what has 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 although symbolically it is useful for the united states and its partners to be in this big infrastructure game. you've set infrastructure game. you've set in the past _ infrastructure game. you've set in the past china's _ infrastructure game. you've set in the past china's diplomacy i in the past china's diplomacy is only gathering strength so despite, apart from the optics, will xijinping's despite, apart from the optics, will xi jinping's absence really make a major difference going ahead? i really make a ma'or difference going ahead?— going ahead? i think xi jinping's _ going ahead? i think xi jinping's absence i going ahead? i think xi jinping's absence was l going ahead? i think xij jinping's absence was a going ahead? i think xi - jinping's absence was a missed opportunity for china and allowed india to have a more successful summit and also positioned president biden more centrally so i think it wasn't good for china that he didn't come at many other of china's somatic initiatives like the brinks enlargement show china is pushing ahead with its plan

and that was for baiting. fist and that was for baiting. at the 620 summit us presidentjoe biden luh to vietnam for the final destination of his big asia tour. the visit focused on deepening relations especially as a trade row between the us and china shows no signs of abating. vietnam has also become an opportunity for investors as some businesses have moved their supply chains away from china and india countries like vietnam. venture capital firm five global says the outcome of the trip means america sees vietnam as a economic partner.- economic partner. not surprising _ economic partner. not surprising given i economic partner. not| surprising given china's growing influence. especially with the chat —— south china sea issue. for us, we welcome it because it means closer ties between countries and more investment in the area we care about which is technology stop it is clear that has become a

focus area for the vietnamese government as it looks to up skill its own ablation and people and its status from the manufacturing to more high—tech sort of businesses to drive the digital economy further. find digital economy further. and ou digital economy further. and you have _ digital economy further. and you have been _ digital economy further. and you have been investing in vietnam for a while. what are the opportunities in your opinion and what distinguishes vietnam from say other countries to potential investors like you? we have been investing _ investors like you? we have been investing in _ investors like you? we have been investing in the - investors like you? we have been investing in the tech i been investing in the tech scene in vietnam for more than a decade and fortunate enough to be early backers of one of the four companies valued at over $4 billion over there. vietnam is historically seen as being a little bit behind the rest of southeast asia especially singapore and malaysia in terms of vc but one of the best developments we've seen at least over the last six months is that for 2023, vietnam overtook indonesia in terms of the amount of venture capital that has been deployed

so we see the country really catching up quite quickly. in terms of the opportunities there still remains a lot of opportunities in more traditional tech sectors, the iron triangle, you have e—commerce, fintech and the logistics networks connected to that but we also see a lot of potential in areas relating to the digitisation of agriculture stop we saw something similar happening indonesia. 0ne stop we saw something similar happening indonesia. one of the early investments we made over there has now become a $1.4 billion company through digitisation of agriculture. we see similar opportunity in vietnam as more and more capital starts to get deployed into that economy in technology.- into that economy in technolo: . �* ., , technology. and in other news making headlines, _ technology. and in other news making headlines, china's- making headlines, china's alibaba has announced daniel chung will step down from its cloud business less than nine months after taking over the unit. it comes the same day he was scheduled to handle the company —— hand over to a new chief executive. he had

previously been serving in three roles concurrently, heading the group as well as the cloud intelligence unit. the unit is china's largest cloud provider and is said to be spun off from ali barber as part of the group's restructuring. at least three major chinese cities have removed restrictions on homebuying as the asian giant gradually rolls back the property sector in a bid to try and revive its economy. these announcements come on the heels of a series of nationwide support measures the property sector including lower mortgage rates for four —— first—time homebuyers. china's debt ridden property sector accounts for one quarter of the state's economic activity and had been on a downward spiral since 2021 when the government moved to stop developers from accumulating debt. and before we go, a quick rundown on some of the big economic events we're watching this week. on tuesday, the recent host of the g20 tuesday, the recent host of the 620 summit india will be releasing their latest in fees

—— latest inflation figures. it has led to price shocks for food items. a day later on wednesday we will also be looking at inflation figures for the us economy which analysts hope will offer clues on the direction of the cost of borrowing. the federal reserve will have its next meeting later this month. and then on friday the big focus will also be on china which was due to release sales data as well as unemployment figures. consumers there have been holding back on spending. and one other thing on our watchlist this week— tech giant apple has scheduled an event on tuesday evening at its headquarters in california stop we will be looking at that closely. that is it from asia business report. thanks for watching.

bbc news, bringing you different stories from across the uk. nurse cynthia butcher is establishing a baseline, looking at the hand eye co—ordination of lisa haynes now to see if the drugs she takes as part of a new trial makes a difference. she has progressive ms her symptoms first started when she was in her late 30s. some people when i was walking, they were like have you been drinking? i looked as if i had had a drink stop i was like no, no, that is just, i used to collect my dodgy legs. when i walked it was as if my feet didn't know where the earth was. she is now involved in the first wales based part of a uk wide trial. the octopus to trial, so—called because it has multiple alms in stages. it looks to see of medicines used to stem the progression of other conditions can help with hers. so progression of other conditions can help with hers.— can help with hers. so we see in general— can help with hers. so we see in general slow— can help with hers. so we see in general slow deterioration l in general slow deterioration in general slow deterioration in walking abilities as well as cognitive slowing so we hope to

see that all those aspects will be affected by the trial. lisa doesnt be affected by the trial. lisa doesn't know _ be affected by the trial. lisa doesn't know what - be affected by the trial. lisa doesn't know what is - be affected by the trial. lisa doesn't know what is in i be affected by the trial. lisa doesn't know what is in the two large tablet she takes each evening. indeed they may be the placebo. but she is happy to be involved in something that is one day hopefully could have a huge impact on the lives of those with ms. for more stories from across the uk, head to the bbc news website.

it was a picture of a lifetime. a creature once classed as extinct in england. hunting rabbits at the end of yorkshire's peninsula. it was amazing. a lot of emotions all at once, the beauty of seeing the animal as a sort of terror of knowing that you found something rare and if you don't get a photograph nobody would believe you. disbelief. how can there possibly be a pine marten here? we are miles from any woodland. the answer to that was found in this footage recorded a full 70 miles away in yorkshire's dolby forest. what's really unique about this instance is that we have been able to identify the pine marten at two ends of this. it has a distinctive creamy, particularly the blank patches. we refer to the pine marten as

two dots. we recognise we have seen them on cameras in the dalby forest. it is unclear why two dots decided to get on his epic adventure but it is a positive sign on an animal attempting to expand his territory. potentially in the future will looking at species, bringing pine marten is from scotland and boosting numbers in yorkshire. from all real hello and welcome to sportsday. i'm lizzie 6reenwood—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.

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 ending moment. a kiss from the

federation president that has brought three weeks of fallout.