can the weak japanese can the weakjapanese yen continue to boost profit at some of the biggest countries in the world �*s third biggest economy? can ward and mushrooms turn the carbon heavy construction industry into a more sustainable one? i'm mariko oi. welcome to asia business report. let's begin injapan because there is a slew of industry giants which will be reporting earnings later today including two of the country �*s biggest brands to company panasonic as well as carmaker toyota. the two major exporters saw a boom in profits in the last quarter thanks to stronger sales which was helped by the weakjapanese currency, the end because it makes their products

cheaper for customers because it makes their products cheaperfor customers in because it makes their products cheaper for customers in other countries to buy. the yen has been steadily depreciating against the us dollar and that is likely to continue boosting export profits forjapanese export profits for japanese companies export profits forjapanese companies according to damien thong the head of japanese equity research. it thong the head of japanese equity research.— equity research. it is a big tailwind for _ equity research. it is a big tailwind for firms - equity research. it is a big| tailwind for firms exporting from japan and also firms which manufacture outside means a lot of the profits they generate overseas will be brought back to japan and a overseas will be brought back tojapan and a very overseas will be brought back to japan and a very attractive rate of exchange.— rate of exchange. japanese companies _ rate of exchange. japanese companies have _ rate of exchange. japanese companies have been - rate of exchange. japanese i companies have been raising salaries unusually because the government has been asking them to which is great news for those workers but can those companies actually afford to do this? , . ., companies actually afford to do this? , u, ., companies actually afford to do this? , ., ., ., i, , this? they can our analysis suggests — this? they can our analysis suggests the _ this? they can our analysis suggests the impact - this? they can our analysis suggests the impact on - this? they can our analysis i suggests the impact on profit margins is less than 1%, one percentage point, and because the japanese sector has had a great run in terms of corporate profits over the last ten

years, corporate profits are at an all—time high levels, the ability of the japanese industry to absorb these pay increases has never been higher. the question going to next year is whether these pay increases will be sustained at the same pace, i think thejury is still out but our since as it will largely because of increasing labour shortages and rising investments that will drive up the demand for labour injapan. drive up the demand for labour in ja an. �* , drive up the demand for labour injaan. �*, ., ., ., , in japan. it's also going to be a packed _ in japan. it's also going to be a packed week _ in japan. it's also going to be a packed week on _ in japan. it's also going to be a packed week on the - in japan. it's also going to be i a packed week on the economic calendar so let's take you through some of what we are watching this week. on tuesday policymakers at the bank of japan will be holding its rate decision meeting, prices there have been rising after decades of near zero inflation. meanwhile china will be releasing its october survey of economic trends in the manufacturing and services sector is damien and i were talking about they are the world �*s second biggest economy has seen a sluggish post covid—i9 recovery. midweek

officials from the us central bank will hold their meeting on the cost of borrowing last year data showed americans are still spending big despite high prices and inflation. andrew tilton is the chief economist for goldman sachs. we tilton is the chief economist for goldman sachs.- for goldman sachs. we are expeeting _ for goldman sachs. we are expecting them _ for goldman sachs. we are expecting them to - for goldman sachs. we are expecting them to hold - for goldman sachs. we are i expecting them to hold policy unchanged this week but it is a question, given the yen weakness you mentioned earlier in the programme and the fact that ten year interest rates have moved up to about 0.87%, currently, close to i% yield that the bank of japan put currently, close to i% yield that the bank ofjapan put in place a few months ago. there is a question about whether they might lift the further at this meeting, think it's a close call but we think they will probably hold off for a bit longer to see if rates stabilise around this level. the federal bank is meeting this week, inflation not as hot

as before and gdp figures coming in quite strongly showing consumers are still spending so what is your outlook there? spending so what is your outlook there ?_ spending so what is your outlook there? , , ., ., , outlook there? gdp growth was very robust _ outlook there? gdp growth was very robust in — outlook there? gdp growth was very robust in the _ outlook there? gdp growth was very robust in the third - very robust in the third quarter nearly 5% we think it is likely to slow to 2% or less in the fourth quarter. we already have relatively high level of interest rates and inflation has been decelerating so we think the federal reserve will stay on hold here in the body language, recent messaging from officials has been consistent with that. china, what are — consistent with that. china, what are you _ consistent with that. china, what are you expecting - consistent with that. china, what are you expecting in l consistent with that. china, - what are you expecting in terms of the latest data?— of the latest data? china seems to have bottomed _ of the latest data? china seems to have bottomed out _ of the latest data? china seems to have bottomed out over - of the latest data? china seems to have bottomed out over the l to have bottomed out over the last couple of months, policy stimulus has increased, policy makers trying to stabilise the housing sector. issuing additional central government debt to support infrastructure spending. and manufacturing activity picking up a little over the last couple of months. while growth is still unspectacular by chinese

standards we do think we will see a modest pickup over the next few months.— see a modest pickup over the next few months. let's update ou with next few months. let's update you with other— next few months. let's update you with other business - next few months. let's update you with other business news. you with other business news making headlines this morning. a union representing workers for the detroit big three car giants they have managed to agree on a tentative deal with still enters the parent company of chrysler. it follows another deal the union struck with ford, those workers have been protesting for more than six weeks now asking for fair pay and better benefits. those deals are still subject to approvalfrom union deals are still subject to approval from union leaders deals are still subject to approvalfrom union leaders but workers at still lantus and ford have returned to work during the ratification process. —— stelantis. hong kong court will be deciding the fate of every grand two years after the stunning collapse of china's embattled property giant after it defaulted on its debt. the court could order the company to be liquidated which would stand further shockwaves through the market or it could

adjourn the case for more information. confirmation last month its billionaire founder was under police investigation for suspected criminal activities have thrown the company �*s offshore debt restructure plans of course. construction often leaves a heavy carbon footprint because of the materials buildings are made of black steel and concrete but also because of the energy it takes to construct them. in the next four decades 230 billion square metres of construction is expected. and that is prompting a rethink and how we build more sustainably as adrian marie reports. this 3—bedroom house is made entirely from ward. it is made entirely from ward. it is a prototype demonstrating a new approach to building. here ou are new approach to building. here you are on _ new approach to building. here you are on the _ new approach to building. here you are on the second - new approach to building. here you are on the second floor - you are on the second floor everything is built out of bio —based materials, wood panels and wood flooring. ba;

-based materials, wood panels and wood flooring.— and wood flooring. by using wood -based _ and wood flooring. by using wood -based material- and wood flooring. by using wood -based material and l wood —based material and energy—efficient design the carbon foot and has been slashed to a third of the average danish house. bldi slashed to a third of the average danish house. aldi you see around _ average danish house. aldi you see around us _ average danish house. aldi you see around us is _ average danish house. aldi you see around us is actually - see around us is actually storage of co2 drawn out of the atmosphere and contrary if we had built this out of concrete, bricks or steel would have huge emissions. bricks or steel would have huge emissions-— emissions. called living places the project _ emissions. called living places the project aims _ emissions. called living places the project aims to _ emissions. called living places the project aims to show- emissions. called living places the project aims to show the l the project aims to show the sustainable housing can be built now without the weight for new technologies.- built now without the weight for new technologies. what we have arrived _ for new technologies. what we have arrived at _ for new technologies. what we have arrived at is _ for new technologies. what we have arrived at is the - for new technologies. what we have arrived at is the ultra - have arrived at is the ultra low co2 footprint which is achieved with materials that are all available today and ndia away same with the technology it is all on the market. technology it is all on the market-— technology it is all on the market. 5: , ., ,, ., , market. 3796 of c02 emissions worldwide _ market. 3796 of c02 emissions worldwide stem _ market. 3796 of c02 emissions worldwide stem from - worldwide stem from construction, that arises from using materials like steel and cement and energy for heating and ac. in an effort to lower

climate impact many new constructions are turning back the clock and embracing an age—old material, wood. so—called ply scrapers or timber tower blocks are rising up timber tower blocks are rising up in scandinavia and elsewhere, soon the tallest was a pest 100 metres with 32 floors. while whole neighbourhoods of wooden buildings are planned like this one in stockholm. once finished this eight story office block will be copenhagen�*s largest timber structure, will be copenhagen�*s largest timberstructure, it will be copenhagen�*s largest timber structure, it uses clt an engineered wood made of several males which is more fire resistance than raw timber and has a similar strength to concrete. it cost more to build with there are other selling points the architects are seeing growing demand. we have a level er seeing growing demand. we have a level per week _ seeing growing demand. we have a level per week going _ seeing growing demand. we have a level per week going up, - seeing growing demand. we have a level per week going up, it - a level per week going up, it is not noisy and dirty as normal construction site so it goes up very fast. globally we are constructing what equals two two times per manhattan a

month in terms of square metres, we need to adapt and we need to adapt fast. in metres, we need to adapt and we need to adapt fast.— need to adapt fast. in denmark new emissions _ need to adapt fast. in denmark new emissions rules _ need to adapt fast. in denmark new emissions rules are - need to adapt fast. in denmarkj new emissions rules are driving the shift towards more sustainable practices. we 'ust assed a sustainable practices. we 'ust passed a new i sustainable practices. we 'ust passed a new lawi sustainable practices. we 'ust passed a new law and i sustainable practices. wejust passed a new law and you - sustainable practices. we just i passed a new law and you cannot have a building realised if it is not under 12 kg per square metres to we are pushing the regulations and rules for how do we do it. regulations and rules for how do we do it— do we do it. this exhibition exolores — do we do it. this exhibition explores more _ do we do it. this exhibition l explores more experimental materials that are now emerging. materials that are now emerging-— materials that are now emerauin. , ., ., emerging. this has generated the surface. _ emerging. this has generated the surface. among _ emerging. this has generated the surface. among this - the surface. among this mycelium _ the surface. among this mycelium formed - the surface. among this mycelium formed from | the surface. among this i mycelium formed from the the surface. among this - mycelium formed from the roots of mushroom can be used for insulation soundproofing and cladding. we insulation soundproofing and claddinu. ~ .,~ , ., insulation soundproofing and claddinu. cladding. we can take bio waste and three weeks _ cladding. we can take bio waste and three weeks transform - cladding. we can take bio waste and three weeks transform that | and three weeks transform that into a new building material. we can store building —— carbon in our buildings. for we can store building -- carbon in our buildings.— in our buildings. for these are first steps. — in our buildings. for these are first steps. to _ in our buildings. for these are first steps, to think— first steps, to think redesigning the buildings of the future could go a long way to tackling their climate impact. china's foreign

minister has said quote, the road to the san francisco summit will not be a smooth one in an apparent reference to an expected meeting between president xijinping and expected meeting between president xi jinping and joe biden next month. he was in washington over the last few days and met a number of us officials including resident biden. canberra officials say trade negotiations between the australian and european union have had a major roadblock, australian trade minister don farrell eu representatives on the sidelines of the g7 ministerial meeting in osaka on sunday. a huge part of the deal hinges on australia's agricultural sector with many countries exporters saying the eu has not offered enough access to them. that is it for this edition of asia business report. we will be back nice and early tomorrow. for now, thank you so much for watching.

bringing you different stories from across the uk. these are some of the last of their generation. men and women who can still remember the second world war. mr; can still remember the second world war-— world war. my army caller -a ers world war. my army caller papers arrived _ world war. my army caller papers arrived in - world war. my army caller papers arrived in august . world war. my army caller| papers arrived in august 19 world war. my army caller- papers arrived in august 19 39. three days before germany invaded england.— three days before germany invaded england. these stories and others _ invaded england. these stories and others now— invaded england. these stories and others now form _ invaded england. these stories and others now form part - invaded england. these stories and others now form part of. invaded england. these stories and others now form part of a l and others now form part of a book, a book mostly telling the stories of how children across the country were touched by the conflict. children like janet who went to school in taunton and is now 96. it’s who went to school in taunton and is now 96.— and is now 96. it's 'ust been and is now 96. it's 'ust been an eye-opener _ and is now 96. it'sjust been an eye-opener really, - and is now 96. it'sjust been an eye-opener really, to - and is now 96. it'sjust been| an eye-opener really, to see an eye—opener really, to see how other people must have felt. ,., ., ~ .,, felt. the book was the brainchild _ felt. the book was the brainchild of _ felt. the book was the brainchild of the - felt. the book was the i brainchild of the manager felt. the book was the - brainchild of the manager of

highfield house in castle cary. it struck me was important to capture these before it was too late. one lady told me of skipping across westminster bridge when the bombs were dropping. bridge when the bombs were dro inc. , ., . bridge when the bombs were dro..m.g., ., , bridge when the bombs were dro--n~._, . , , dropping. john and his friends describes their _ dropping. john and his friends describes their stories - dropping. john and his friends describes their stories as - describes their stories as ordinary but what can't be denied as they lived through an extraordinary time.

public transport, part of everyday life for thousands of people. wells youth parliament thinks free bus and train travel could transform the lives of the under 25. so, what young people here in capital think? �* , young people here in capital think? 2 , , ., think? it's so expensive for student. — think? it's so expensive for student, that _ think? it's so expensive for student, that i _ think? it's so expensive for student, that i am - think? it's so expensive for student, that i am paying l think? it's so expensive for. student, that i am paying my rent today so i will be skint for the next, until next student loan payments so free transport would be helpful. it should be quite standard that it is free, _ should be quite standard that it is free, you know, getting people _ it is free, you know, getting people around and getting them to what— people around and getting them to what they need to do in their— to what they need to do in their day—to—day life is more important _ their day—to—day life is more important than charging them. only— important than charging them. only last — important than charging them. only last month, passengers using the popular book a bus service in mid and west wales withheld funding for the service is coming to an end. and there are worries other buses could also be cut. there are some discounts for young travellers. they can get a third of bus fares through the my travel scheme and a third of

train tickets too with a young person is well card. and under 16 can also travel free on transport for wales trains when they are with a full fare paying adult. by 2040 the welsh government wants nearly half of alljourneys government wants nearly half of all journeys to government wants nearly half of alljourneys to be taken by public transport, walking or cycling. public transport, walking or clinu. ., ., , ., cycling. for more stories from across the _ cycling. for more stories from across the uk, _ cycling. for more stories from across the uk, head _ cycling. for more stories from across the uk, head to - cycling. for more stories from across the uk, head to the - cycling. for more stories from | across the uk, head to the bbc news website. hello, and welcome to sportsday. i'm lizzie greenwood—hughes. here are the headlines: hosts india thrash defending champions england at the cricket world cup. the manchester derby went the way of city at old trafford. and max verstappen wins again, this time at the mexico city grand prix.

hello and welcome along to the programme. lots to bring you on a busy sunday of sport, and we're starting at the men's cricket world cup, where india remain unbeaten after a 100—run victory over england which leaves the defending champions all but out while india sit top of the table on the cusp of the semifinals. katie gornall reports. this was meant to be the big one — the defending champions against the hosts — but such has been england's demise in recent weeks, their tournament felt all but over before this began. could they somehow turn things around against unbeaten india? well, the signs were surprisingly good — the great virat kohli, gone for a duck, the crowd stunned into silence. england were now playing some of their best cricket of the tournament but they still had to contend with the fluency of rohit sharma. on a tricky pitch, his 87 helped india recover.