leaving tesla and its rear—view mirror. hello and welcome to asia business report. we are starting the programme in washington, dc were microsoft chief executive has testified in court and it is the highest profile witness and the monopoly case against google. the bbc north american business correspondent has the latest from new york. safari web browser and you'll find google search engine automatically puts up. it is no accident, the result of an expensive contract between google and apple. microsoft chief executive play in these sorts of deals making google so dominant. appearing in person, they toured the dc court that because of these default agreements, you get up in the morning and you brush your teeth and you search on

google, she says. revolving around the stills which ensure every smartphones sold in america comes out of the box with google preinstalled. they said his company is more than i should billion dollars into the development of its own search engine, being and investing in artificial intelligence and is considered a front runner. but they wonder there are limits to how far ai can reshape the market. this comes many years after they faced their own monopoly case which was settled in 2001. but pave the way for competitors like google. we are now into 0ctober competitors like google. we are now into october and the final quarter of 2023 and it is a good time to really take stock of the year and see how the rest of it is likely to pan out in the financial markets achieve a good time to really take stock of the year and see how the rest of it is likely to pan out in the financial markets chief economy summit baptists as investors of grown more optimistic about the

global economy and its largest markets. , ., , markets. the big economy right now is solid _ markets. the big economy right now is solid but _ markets. the big economy right now is solid but unspectacularl now is solid but unspectacular growth and we think the growth in 2024 will be transient 23% the same as each year. i think it's all we can expect next year to feel in the composition will differ a little bit in the us economy has surprise on the upside issue and the us forecast is now looking at crew or close to 2% as opposed to 0.3% is expected and that is a big positive change injapan is also had a very strong growth year doubling last year of 1% to 2%. and these are some the bright spots. china's rebound is disappointed severely in china's growth is going to continue to slow, although the

expectations have now adapted to where china is sitting in while the growth will not accelerate, it may feel a bit better because it is now set against lower expectations and probably the chinese government is going to continue with small amounts of stimulus but moderate measures to stop the economy from going down any further. ., ., i, , ., further. some analysts have said that — further. some analysts have said that inflation _ further. some analysts have said that inflation around i further. some analysts have| said that inflation around the world is been fairly stubborn which is shaped monetary policy across central banks. tea for the central banks have done enough to take it or what more can be done in the circumstances? 1 can be done in the circumstances? ~ circumstances? i think the central banks _ circumstances? i think the central banks an _ circumstances? i think the i central banks an unfortunate turn of events for the invasion of ukraine, i don't think we'll be facing such a large and persistent inflation episode ever since the coincidence of the supply chains from covid—i9 is ending and working through that there is the commodity price increases from the wharton ukraine coming along

and i think without that central banks would not of had such a tough time and they have rates pretty fast you can argue that they can be done a quarter point a couple meetings earlier but i don't think there would fundamentally change the situation.— fundamentally change the situation. and sp shipping monetary _ situation. and sp shipping monetary policy, - situation. and sp shipping monetary policy, the - situation. and sp shipping i monetary policy, the reserve bank of australia will be delivering its latest decision on the cost in this comes ahead of other central bank meetings and see one in new zealand and india at the end of the week. policymakers in australia have raised interest rates 12 times since last may pushing the cost of borrowing to an 11 year high. katrina from analytics gave me her expectations on the latest decision coming up. the bank of australia will stay on the sidelines today and keep the sidelines today and keep the cash rated 4.1%. i should mention. _ the cash rated 4.196. i should mention, the _ the cash rated 4.196. i should mention, the central- the cash rated 4.196. i should mention, the central bank. the cash rated 4.196. i shouldl mention, the central bank has the cash rated 4.196. i should i mention, the central bank has a lot of— mention, the central bank has a lot of hiking in the c 400 points where short period of

time — points where short period of time and _ points where short period of time and what we expecting is that the — time and what we expecting is that the central bank was set on the — that the central bank was set on the sidelines and refer the impact — on the sidelines and refer the impact of— on the sidelines and refer the impact of that significant amount of monetary tightening to really— amount of monetary tightening to really filter through the economy because it does take time _ economy because it does take time and _ economy because it does take time and our expectations are that— time and our expectations are that it — time and our expectations are that it does take about six, t for nine _ that it does take about six, t for nine months for the full impact _ for nine months for the full impact of 125 basis point hike to he — impact of 125 basis point hike to be realised by slower domestic demand and we are still in — domestic demand and we are still in that waiting for inflation to materially quarrel with — inflation to materially quarrel with the _ inflation to materially quarrel with the existence of hiking that— with the existence of hiking that we _ with the existence of hiking that we have already had. the developing — that we have already had. tie: developing story later in the day on bbc news. meanwhile, let's turn to the car industry and its why the brand speeding mercedes—benz as well as well as bmw and electric vehicle market is tesla and china home to the largest market. in parts of north america and europe, it is not a household name and my colleague went for a ride in

singapore to find out what the hypeis singapore to find out what the hype is all about. if you really want to know how car performs, ask a taxi driver and this is the evolution of carson diesel fuel to hybrid and now electric, driving up uid for about a year now. it’s about a year now. it's combustible - about a year now. it's combustible and - about a year now. it's combustible and very | about a year now. it�*s combustible and very quiet and the drive is very smooth. johnson releases his vehicle from a company that managing director says that the feature that won him over was the battery life under quarrel in hot conditions.— battery life under quarrel in hot conditions. we're looking at a vehicle _ hot conditions. we're looking at a vehicle that _ hot conditions. we're looking at a vehicle that has - hot conditions. we're looking at a vehicle that has more . at a vehicle that has more distance that is something that is incentivising a consideration. i3 is incentivising a consideration. , . consideration. p y d which stands for _ consideration. p y d which stands for build _ consideration. p y d which stands for build your- consideration. p y d which i stands for build your dreams consideration. p y d which - stands for build your dreams at the moment is hard to beat and

this keeps prices down especially when it comes to the cost of batteries, the most expensive part of an ev. there were a battery _ expensive part of an ev. there were a battery company - expensive part of an ev. there were a battery company long l were a battery company long before — were a battery company long before they were car company and they— before they were car company and they may batteries the winter _ and they may batteries the winter consumer electronics in particular— winter consumer electronics in particular and so, their dream was _ particular and so, their dream was to— particular and so, their dream was to become a car company. they— was to become a car company. they said — was to become a car company. they said tesla was the pioneer of the category. in they said tesla was the pioneer of the category-— of the category. in shanghai, they launched _ of the category. in shanghai, they launched the _ of the category. in shanghai, they launched the model- of the category. in shanghai, i they launched the model three and the — they launched the model three and the rise of this did not become _ and the rise of this did not become coincidental, this triggered the consumer interest in the _ triggered the consumer interest in the vehicle is notjust tesla _ in the vehicle is notjust tesla but all the chinese companies have followed suit. this is— companies have followed suit. this is the top competition in china and it's tapping into growing markets like ends in the stashe. but they have to work hard to keep that top post in the face of stiff competition from domestic makers that are close. in its

rear—view mirror. rivals that are also working on their overseas market. in some places like singapore, the infrastructure is playing catch up infrastructure is playing catch up with demand. they said that a limited number of charging statements as little concern for some drivers which is why the make up a small fraction of their fleet. the make up a small fraction of their fleet-— their fleet. for them, every hour his _ their fleet. for them, every hour his money. _ their fleet. for them, every hour his money. for - their fleet. for them, every hour his money. for taxi . hour his money. for taxi drivers _ hour his money. for taxi drivers like _ hour his money. for taxi drivers like johnson, - hour his money. for taxi drivers like johnson, the drivers likejohnson, the solution. especially as the rising cost of has caused bumps in the road. staying with the electric vehicles, tesla has missed market estimates for third—quarter deliveries. parent paige planned upgrades for model three mass—market sedan force production delays

in some analysts believe that the upgrades could spark a rebound in deliveries in the fourth quarter by allowing tesla to refresh its line up with models that could compete better with us rivals such as ford and byd. the property giant ever granted will resume trading in shares in hong kong this morning. and nothing last thursday that its chief was suspected of crimes following the suspension of shares. this become a symbol of the ballooning property sector crisis that has seen several high firms settling debt and also a significant contributor to china's economy. stoking fears about the economy precisely for that reason and a possible spill over globally, as well. they say they are seeking a valuation of roughly $10 billion in its us initial

public offering. the footwear maker says that it plans to several of these 32 million shares and likely to be priced at $34 and $39 apiece. this is coming at a timer persistent inflation has squeezed budgets and hit footwear makers, including on the hoarding which is struggled to live up to the hype around the listings. and thatis hype around the listings. and that is all we have for you and thank you very much for watching and do stay on with bbc news. bringing you different stories from across the uk. doug has cystic fibrosis. 11 years ago, he was on a waiting list and desperately needing a new paraffin lungs. it, desperately needing a new paraffin lungs.— paraffin lungs. if, you can also say _ paraffin lungs. if, you can also say with _ paraffin lungs. if, you can also say with very - paraffin lungs. if, you can also say with very great i also say with very great certainty that if i do not have it, iwill certainty that if i do not have it, i will not be here any more

more. in it, i will not be here any more more. :: :: it, i will not be here any more more. i: i: ., more. in 2020, the law changed so that all— more. in 2020, the law changed so that all adults _ more. in 2020, the law changed so that all adults in _ more. in 2020, the law changed so that all adults in england - so that all adults in england are now considered as having agreed to donate their organs when they died. unless they've recorded a decision not to. despite the law change, the consent rate is down. it is very special— consent rate is down. it is very special to _ consent rate is down. it is very special to die - consent rate is down. it is very special to die in - consent rate is down. it is very special to die in the i very special to die in the circumstances and probably around 1% of deaths in the uk. you're much more likely to need a transplant in your life than you want to die under the circumstances that allows you to become a donor. i would've seen my _ to become a donor. i would've seen my son's _ to become a donor. i would've seen my son's birth, - to become a donor. i would've seen my son's birth, i- to become a donor. i would've seen my son's birth, i would i seen my son's birth, i would not — seen my son's birth, i would not he — seen my son's birth, i would not be able to be a part of my family— not be able to be a part of my family and be with my friends my donor— family and be with my friends my donor family was presented with such — my donor family was presented with such a difficult choice of such — with such a difficult choice of such a — with such a difficult choice of such a difficult time and i have _ such a difficult time and i have the courage to make the decision— have the courage to make the decision isjust remarkable and i'll decision isjust remarkable and i'll never— decision isjust remarkable and i'll never be able to explain how— i'll never be able to explain how grateful i am.

to catch up. tonight, the range is an ongoing rugby and pawn. first up tonight, the former ceo and its british partner faced allegations of exploitation from men and sex events that they hosted. the bbc investigation found highly organised network users finding young adult men for mike jefferies and his partner mathew smith. they told the bbc they attended these events and some of them allege that they were exploited or abused. mr jeffries and mr smith did not respond to request a comment. the full investigation is on bbc iplayer and bbc sounds. the national living wage for over

23 these were raised to £11 an hour for next april. the move up hour for next april. the move up in a fate of the lowest paid. the younger workers are paid. the younger workers are paid at a lower rate. some of the stories now. thames valley police say they're investigating stocking allegations made against russell brand. it's the second police force against the comedian. he denies any wrongdoing. and scored during the rugby match in the scottish border and celebrating winning the game a wee bit too early when he accidentally knocked the ball over this and the dying seconds. sign not to leave you with ten seconds of beavers and for the first time in 400 years, things to the reintroduction programme. you're all caught up. bye for

now. hello and welcome to sportsday — i'm chetan pathak — coming up on the programme. a first premier league win since august for chelsea — who win the london derby at fulham who can stop carlos alcaraz — he's

into the semi finals of the china open where jannick sinner will await and the nba's next big star gears up for his debut season for the san antonio spurs welcome along, thank you forjoining us. we start with chelsea's first premier league win in nearly six weeks — and just their second of the season. they've beaten fulham 2—0 in south west london — relief for mauricio pochettinno as he saw his side score twice — the second goal coming from this man armando broja — a minute after myhailo mudryk had scored his first chelsea goal. the win moves them above fulham in the table into 11th.