it's a brand new week. hello and welcome to asia business report. i'm arunoday mukharji. we begin in the united states where workers of the top three american car makers are threatening to expand a historic strike which is on its third day. the united auto workers want conditions for its members to improve across the board, including a 40% pay raise over a four?year contract. the auto companies are so far offering raises of around 20%. so far, just over 12,000 of the unions 7 that's around 150,000 workers have joined the strike but, in an interview on us television, union president shawn fain warned of a much broader action. if we don't get better officers and don't get down and take care of the member's needs to, we are prepared to do everything we have to do, so the number she was ready. the

membership is fed up, we are fed up with falling behind. it's been decades of falling behind, and especially this past decade, the most wealthiest times in the history of these companies, there is no excuse, these companies have made a quarter of $8,000,000,000,000 in the past 4 years. billions of dollars in the last 6 months alone. and the last 6 months alone. and the workers conditions have gone backwards.— the workers conditions have gone backwards. let's turn our attention to — gone backwards. let's turn our attention to the _ gone backwards. let's turn our attention to the business - attention to the business calendar. let's take you through exactly what all we are watching out for. on wednesday, china's central bank will hold its monthly review on the cost of borrowing. the people's bank of china uses a one?year rate to price loans for businesses needing credit, and a five?year tenor to guide mortgage rates. that's the same day the us federal reserve will decide on interest rates, which is currently above 5% in the world's biggest economy.

friday, bank ofjapan interest rate decision and on friday, we'll find out what the bank of japan plans to do with its monetary policy. steady price gains injapan may have reached a pace that will lead the central bank to move closer to exiting decades of ultra?easy monetary policy. for more on this big central bank tim water told me about central banks facing increasing pressure. fix, banks facing increasing pressure-— banks facing increasing ressure. , pressure. a tick up and energy rices pressure. a tick up and energy prices recently. _ pressure. a tick up and energy prices recently. so _ pressure. a tick up and energy prices recently. so i— pressure. a tick up and energy prices recently. so i think - prices recently. so i think that move hiring, keeping the fed on their toes going forward, so this week is likely to stay on hold, i think it november could be a live meeting in terms of a possible, the rate of inflation between now and then. i think will be a

close call this week, we know the uk to inflection still ranked quite high, 6.9%, well above target. there's a lot of wage pressure in the uk at the moment, it'sjust a balancing act at a moment, trying to rein in that inflation but not tipping the economy into a recession. it is very stagnant at the moment, so some key decisions coming up, but the move hiring inflation due to those energy crises will be influential for some central banks at the moment. moving on to china, banks at the moment. moving on to china. who _ banks at the moment. moving on to china, who really _ banks at the moment. moving on to china, who really faces - banks at the moment. moving on to china, who really faces a - to china, who really faces a different kind of challenge. is the monetary policy stance that has been taken there enough to really boost the flagging economy?— really boost the flagging economy? really boost the flagging econom ? , , , ., economy? the “my is still out on that economy? the 'ury is still out on that at— economy? the “my is still out on that at the — economy? the jury is still out on that at the moment. - economy? the jury is still out on that at the moment. it's . on that at the moment. it's more of an incremental measure approach, all in our efforts to expand the central banks. they're concerned about that

line that's down more than 5%, you know that's having an effect on sort of the imports at the moment. i think that that you know, we'll see some of that incremental approach going forward, this week we'll be looking at the prime rate, the i year, the 5—year, relating to mortgages in china. 0nce relating to mortgages in china. once again we could be seeing some tweaks to those rates going forward, if not this week, i do think we'll see a continuation of china cutting some of these key lending rates once again trying to boost confidence among the consumer sector, they are also trying to pf°p up sector, they are also trying to prop up the property sector which has been a source of concern for some time now. now to denmark, where a new ship has been unveiled that runs on a new low carbon fuel called green methanol. owned by shipping giant maersk, it's the first container vessel to use the new technology, which is hoped could help pave the way for a cleaner maritime industry. from copenhagen, adrienne murray has this report?

sailing from denmark, this chit ship's maiden voyage cleaner fuel called green methanol. i name you laura maersk. fuel called green methanol. i | name you laura maersk. now fuel called green methanol. i i name you laura maersk. now in the very heart — name you laura maersk. now in the very heart of— name you laura maersk. now in the very heart of copenhagen, l the very heart of copenhagen, the very heart of copenhagen, the naming ceremony for this 1st of its kind vessel. just the naming ceremony for this 1st of its kind vessel.- 1st of its kind vessel. just a few years _ 1st of its kind vessel. just a few years ago _ 1st of its kind vessel. just a few years ago a _ 1st of its kind vessel. just a few years ago a large - 1st of its kind vessel. just a | few years ago a large vessel sailing on green methanol would have been unlikely, perhaps even impossible. for have been unlikely, perhaps even impossible.— have been unlikely, perhaps even impossible. for the last century most _ even impossible. for the last century most ships _ even impossible. for the last century most ships have - even impossible. for the last i century most ships have sailed on marine diesel, a carbon heavy fuel. so this cleaner alternative is a milestone. for an industry that's i of the world's biggest emitters. at 170 meters long it can carry many containers. slashing a by at least 2/3. many containers. slashing a by at least 2&— at least 2/3. methanol is a fully clear _ at least 2/3. methanol is a fully clear liquid, - at least 2/3. methanol is a fully clear liquid, it - at least 2/3. methanol is a fully clear liquid, it is - at least 2/3. methanol is a fully clear liquid, it is in i fully clear liquid, it is in liquid _ fully clear liquid, it is in liquid form a normal temperature at normal pressure.

another— temperature at normal pressure. another 20 larger ships ordered will be on the water by 2025 and more otherfirms will be on the water by 2025 and more other firms are following. 50 and more other firms are following-— and more other firms are following. and more other firms are followinu. . ., ., ~ following. so far we have taken a bet on green _ following. so far we have taken a bet on green methanol, - following. so far we have taken a bet on green methanol, and i a bet on green methanol, and that_ a bet on green methanol, and that was— a bet on green methanol, and that was really— a bet on green methanol, and that was really out _ a bet on green methanol, and that was really out of- a bet on green methanol, and that was really out of the - that was really out of the conclusion that _ that was really out of the conclusion that the - that was really out of the - conclusion that the technology was here, _ conclusion that the technology was here, it _ conclusion that the technology was here, it could _ conclusion that the technology was here, it could work, - conclusion that the technology was here, it could work, it - conclusion that the technologyj was here, it could work, it was economically— was here, it could work, it was economically viable, _ was here, it could work, it was economically viable, it - was here, it could work, it was economically viable, it was - was here, it could work, it was economically viable, it was not perfect — economically viable, it was not perfect and _ economically viable, it was not perfect and necessarily- perfect and necessarily scalable _ perfect and necessarily scalable for— perfect and necessarily scalable for the - perfect and necessarily scalable for the wholel scalable for the whole transition, _ scalable for the whole transition, but - scalable for the whole transition, but that i scalable for the whole. transition, but that was scalable for the whole i transition, but that was a scalable for the whole - transition, but that was a good 1st transition, but that was a good ist step— transition, but that was a good ist step to _ transition, but that was a good 1st step to take. _ transition, but that was a good 1st step to take. it _ transition, but that was a good 1st step to take.— 1st step to take. it is limited on sunplies. _ 1st step to take. it is limited on supplies, so _ 1st step to take. it is limited on supplies, so how - 1st step to take. it is limited on supplies, so how are - 1st step to take. it is limited on supplies, so how are you | on supplies, so how are you going to get your hands on enough of it? this going to get your hands on enough of it?— going to get your hands on enough of it? as soon as the ship was _ enough of it? as soon as the ship was ordered, _ enough of it? as soon as the ship was ordered, many - enough of it? as soon as the - ship was ordered, many projects aiming _ ship was ordered, many projects aiming at — ship was ordered, many projects aiming at manufacturing - ship was ordered, many projects aiming at manufacturing the - aiming at manufacturing the green — aiming at manufacturing the green methanol— aiming at manufacturing the green methanol that- aiming at manufacturing the green methanol that is- aiming at manufacturing thei green methanol that is going aiming at manufacturing the . green methanol that is going to be green methanol that is going to he needed, _ green methanol that is going to be needed, and _ green methanol that is going to be needed, and have _ green methanol that is going to be needed, and have started i green methanol that is going to be needed, and have started toj be needed, and have started to be needed, and have started to he developed _ be needed, and have started to be developed.— be developed. this methanol -lant be developed. this methanol lant will be developed. this methanol plant will be _ be developed. this methanol plant will be the _ be developed. this methanol plant will be the world's - plant will be the world's biggest when it begins operation next year. green methanol is not admission free but in making it takes carbon

from biomass waste. it’s but in making it takes carbon from biomass waste. it's green because it's — from biomass waste. it's green because it's made _ from biomass waste. it's green because it's made out - from biomass waste. it's green because it's made out of - because it's made out of renewable electricity. the c02 we take, it comes from the national carbon, that would otherwise go to waste. it was devel0ped — otherwise go to waste. it was devel0ped at _ otherwise go to waste. it was developed at this _ otherwise go to waste. it was developed at this research i developed at this research facility, but engineering firm ma and is already looking towards the next generation of engines. irate towards the next generation of enrines. ~ ., , towards the next generation of enrines. ., , ., , engines. we actually foresee other pathways _ engines. we actually foresee other pathways as _ engines. we actually foresee other pathways as well, - engines. we actually foresee other pathways as well, it. other pathways as well, it could _ other pathways as well, it could be _ other pathways as well, it could be ammonia where we are currently— could be ammonia where we are currently making some developments. but it could also be synthetic natural gas, biofuet _ be synthetic natural gas, biofuel. ., ., ~' be synthetic natural gas, biofuel. ., ., ., biofuel. look at environmental urou -s biofuel. look at environmental groups have — biofuel. look at environmental groups have welcomed - biofuel. look at environmental groups have welcomed the - biofuel. look at environmental| groups have welcomed the new ship, but say that the industry must do more. irate ship, but say that the industry must do more.— ship, but say that the industry must do more. we need to hold the global— must do more. we need to hold the global sector _ must do more. we need to hold the global sector together - must do more. we need to hold the global sector together 20 i the global sector together 20 emissions, _ the global sector together 20 emissions, will— the global sector together 20 emissions, will need - the global sector together 20 emissions, will need a - the global sector together 20 emissions, will need a high l emissions, will need a high price — emissions, will need a high price on— emissions, will need a high price on all— emissions, will need a high price on all greenhouse - emissions, will need a high . price on all greenhouse gases, all shipping _

price on all greenhouse gases, all shipping companies - price on all greenhouse gases, all shipping companies to - price on all greenhouse gases, all shipping companies to start using _ all shipping companies to start using these _ all shipping companies to start using these new _ all shipping companies to start using these new green - all shipping companies to start using these new green flute i using these new green flute fuels — using these new green flute fuels. , , , , . ., fuels. these new ships could rove to fuels. these new ships could prove to be _ fuels. these new ships could prove to be an _ fuels. these new ships could prove to be an important - prove to be an important breakthrough as the industry it looks to chart a greener course. adrian murray, bbc news, copenhagen. the rugby world cup is underway in france. for some fans — it's a chance to travel while also supporting their favourite team. australian supporters it seems, are happy to spend 5?thousand dollars or more, to travel and support the wallabies — the nickname for the national rugby team. our next guest from a travel agency is here to tell us why there's a lot of travel demand around this particular rugby world cup. the demand has been massive for this world cup, obviously coming out of the pandemic and into this, these last couple of years has really sparked interest in the judge the whole world of trouble. being a european world cup as well and a chance to spend a longer time in europe and visit neighboring countries, has really driven demand, particular in australia and new zealand for extended

trips. it and new zealand for extended tri s. ., , and new zealand for extended tris, ., , ., and new zealand for extended tris, ., ., and new zealand for extended tris. . ., and new zealand for extended tris. ., ., ., ., and new zealand for extended tris. ., . ., ., ., trips. it has a long way to go to watch _ trips. it has a long way to go to watch a — trips. it has a long way to go to watch a rug _ trips. it has a long way to go to watch a rug rematch, - trips. it has a long way to go | to watch a rug rematch, what trips. it has a long way to go i to watch a rug rematch, what is the profile of the people who are going ahead with this? we deal with are going ahead with this? - deal with a lot of mid to high income individuals, a lot of corporate groups as well. so we are seeing a lot of those people are currently traveling, as you mentioned it is an extended period of time so people are spending a lot more money traveling europe. it is a long way to come from australia as well. so those of the sort of people who are generally seeing particularly towards the finals where the tickets are more expensive and obviously the price of the hotels are reflect that also.— the price of the hotels are reflect that also. just to put this into a _ reflect that also. just to put this into a little _ reflect that also. just to put this into a little more - this into a little more context, if you can compare it to previous times, how is it seeing now? if to previous times, how is it seeing now?— to previous times, how is it seeinr now? , ., seeing now? if we 'ust go back to the most h seeing now? if we just go back to the most recent _ seeing now? if we just go back to the most recent1 in - seeing now? if we just go back to the most recent1 in japan, l to the most recent1 injapan, it's very different in terms of cost. almost double for a lot of the different packages. i think that is again driven by that european market and the demand globally since travel has open back—up. a lot of the

people that are traveling this year are spending extended periods of time in france, and obviously that does come at an additional cost. a lot of people from australia as well given the next world cup will be in australia will need to make the most of the current1 given that it could be another potentially 8 years before we travel again to support the wallabies. travel again to support the wallabies— travel again to support the wallabies. that's all on this edition of _ wallabies. that's all on this edition of asia _ wallabies. that's all on this edition of asia business - edition of asia business report, do state would bbc news, here's sports day. and bbc news — bringing you different stories from across the uk. changing the landscape on hove seafront in a dramatic fashion. limbs outstretched against a backdrop of blue. it's hard to believe that such a striking pose was born out of an old lobster pot washed up on the shore. the buzz wouldn't seem to be in the right place, giving sort of cavities where i imagined the lobsters

would have escaped. so being a figurative sculpture, i immediately saw where i could place fourfigures, and i turned it into a human story of exodus and release and dash for freedom. the plinth and first sculpture were installed in 2018 with constellation, a solar system style celebration of hove's past and present. every digit muscle and sinew was sculpted by hand and the figures cast in bronze. i love it. i loved the one before installation and ijust love brighton and hove, love the seafront and something like this that brings people to it, gives them something different to look at. gradually, over time, it's hoped this freeze frame of figures will become a focal part of the seafront scenery. for more stories from across the uk, head to the bbc news website.

bbc news, bringing you different stories from across the uk. stunning natural beauty, but it comes at a cost. the popularity of areas like the thin peninsula for second homes and holiday lets is one of the reasons people often can't afford to buy in their own communities. gwynedd council wants fewer second homes and to force people to have planning permission to own one in future. but it admits that might lower house prices, which could hit

current home owners. it's a feeling, well, you know why? why are the council doing this to my property? and it's very easy to take it personally. changes to planning laws mean councils have more control over property use. second—home owners here already pay much more council tax and now gwynedd wants to use a so called article four direction to bring in new rules. it says there's a huge housing crisis and will use whatever tools it can to let people live in their own communities. theyjust need to do something because there are whole villages where it'sjust empty. we've been coming on holiday to this area for years - and we've been. going to the same cottage. but now the council tax thing i has tipped her over the edge, the owner and she's no longer going to let it. out to holiday makers any more, so she's put it - up for sale. if the council decides to press ahead with the controversial move, it will come into force a year from now. for more stories from across the uk, head to the bbc news website.

hello. welcome to sports day. these are the headlines. england edged closer to the quarter finals, butjapan impress again at the rugby world cup. while there's a shock win for fiji over australia. trust to the rescue also will move past everton and back into the top four in the premier league. and in formula one, carlos sainz wins in singapore as ferrari finally finished first to end red bulls winning run. well, we start with the rugby world cup where england are looking for a statement win overjapan. they got the win running infour tries for a 3k

points to 12 victory as japan made it a tough night, though it was neither a scoreline nor a performance to worry any of the tournament's main contenders. lewis ludlam forced his way over from close range for the only try of a first half that was littered with england errors. we probably didn't perform the way we want it to again, but credit to them. they made it really, really tough for us. the ball was so greasy and they played in the right edge of the pitch and made us really run and work hard to fill position as well. so yeah, we're, we're not happy but but we're, we're glad we've got the win. well, fiji cause the shock of the tournament so far. they beat australia by 22 points to 15 in pool c bosworth who is over scored the fijians only try of the game to give them their third ever win over australia.