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tv   Business - News  Deutsche Welle  December 10, 2018 6:15pm-6:31pm CET

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this is data news live from bali and still to come china describes the u.s. requested arrest of why's that chief financial officer as inhumane investors worry about what this could mean for the fragile how trade truce between washington and beijing. but it has a bit we'll have that story with the rest of the days of business updates in just a moment i'll be back at the top of the hour out with the rest of the world i mean a good day. but. i'm scared that the volume or not hard and in the end is a me you're not allowed to stay here any more we will send you back. are you familiar with this. with the smugglers were liars and. what's your story.
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on one of the missing women especially in victims of violence. take part and send us your story you are trained always to understand this new culture. you are not a visitor not a guest you want to become a citizen. in for migrants your platform for reliable information. about. china summons the american ambassador over the indictment of while ways chief financial officer did the chinese company violate sanctions against iran or is washington using this says a horn in its trade war with beijing. and another executive remains behind japanese prosecutors charge film in the sun chairman thomas. with underreporting
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his salary. those stories in a moment first a chinese court has ruled to ban sales of most models of apple's i phones in china it follows a patient dispute between the tech giants and. the u.s. chip maker receiving preliminary injunctions against several apple subsidiaries in china the chinese market is worth something the eleven billion dollars a quarter to apple its stock tips on the news. shot up. the arrest of a way executive rattled asian stocks today canadian officials took c.f.o. mung one schul into custody last week at the behest of u.s. or therapies and she's fighting to be released on bail for health reasons another day another sign that bonds arrests could spill over into the u.s. china trade dispute this time claims of poor treatment in the media. now there
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already some media reports revealing details of mung one shows treatment in custody including some inhumane measures such as not giving her fundamental medical support here feel. we believe this is inhumane and infringes on her human rights issues. and that's one more reason for investors to worry stocks in asia continue to slide this week in the wake of the arrest tech stocks are among the biggest losers in tokyo hong kong and south korea chip makers like hynix and producers of smartphone displays like japan display among them. the chinese foreign ministry accuses the u.s. of violating the legal rights of man one joe it urged the americans to withdraw all the arrest warrant. money was taken into custody in canada last week while changing flights in vancouver her arrest followed a u.s. federal warrant and is expected to lead to an extradition effort by the americans
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federal prosecutors allege that huawei used the hong kong shell company to sell equipment to iran in violation of u.s. sanctions they also said that monk personally misled american banks about while ways business dealings in iran among is fighting to be released on bail for health reasons. the u.s. government is trying to downplay the impact of her arrest washington says it's a criminal matter which is separate from the ongoing trade negotiations but investors seem to doubt that it will work out that way. and trading is standing by for us in singapore she said asia correspondent andrea said more trouble for huawei . this is a very interesting case. unfortunately there is more trouble in camp we things are not looking good for me when so specifically she's requested. you know she's with us
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a bill of up to twelve million citing health reasons as you say even offered to put up two homes equivalent to that amount as collateral now she says cuse of conducting business in iran for its telcos using ag and unofficial subsidiary called skype on the hallway and to top it all off japan it's not just announced that it will not be using while we as well as it the economy equipment on its five g. network saw a really icing on the cake read there how the chinese taking all of this. clearly not very well and expected to be so the beijing says canada has breached the bilateral agreement by failing to inform the consulate immediately after the arrest and apparently that is part of the agreement and the chinese authorities have also summoned the u.s. and canada as ambassadors demanding them to release her as soon as
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possible. half of ways revenue comes from europe the middle east and africa can survive without the united states. well to be honest probably not this is a lot to do with china being on the loose i mean china overall is going to be on the losing end of this if they retaliate with a ban on u.s. tech products. it may not be well for them because if they do not get access to a government run infrastructure telecom infrastructure which a lot of telcos i have to seek permission from those if those government bodies do block while we then there's very little that well we can do to grow out grow out of these of the u.s. as well as these other countries as we know in japan has now joined the fray over europe and australia as well as new zealand in blocking while we take from their
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five g. networks are really trouble in the us will also spill out to other markets as well and surprisingly because when countries start blocking these networks blocking what we from these networks. it will mean that they have very very little room to grow breaking for us in singapore. the governor of the reserve bank of india has resigned tells cited personal reasons but the media says he was fed up with state attempts to influence central bank policy the government wants access to the r.b.i. and surplus reserves and to reduce cubs' on lending to the poor and under is editor of news website quotes india i asked her how significant the government's resignation is. this is an extremely significant and very unprecedented more. because the central bank governor abruptly stepping down is something that has not happened in india in recent tanks or so even though the governor has cited was no
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reasons for stepping down it is widely believed that the tension between the net in them or the government is what has led to him stepping down right now in fact even though you're the r.b.i. have already won implications if there are no he was taken and now considering her that you know we are approaching the election you're it's going to have seen us and if it's definitely not something that's not going to go well for the indian government and patel it only been in the job for a couple years. yes you're absolutely right so if you're taking charge in september twenty sixth after the farmer out there governor that step down. and start. going to end in september twenty ninth so they're pretty split about lessening your before it's done was about to get or in fact during the october and november tame last month it was widely speculated that but didn't we step down because most
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attention between the r.b.i. and the government had d.h. took a stand on however after. negotiations between the two parties it's a piece of pure finally reached to a conclusion and in fact they're even issued a joint statement saying that they're going to look upon certain issues such as you know lending. they have of the public sector banks which is also been a crescent problem and a born of contention between the government and the r.b.i. and therefore of the east of the art that that was was or what but clearly not just briefly you mentioned this before but what would the ramifications be for the government. right so. at the moment though indian economy is not doing too well because the crop the g.d.p. growth in the last quarter has come down compared to the previous quarters mark
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more about the government fiscal deficit disorder to be believed therefore you know what it is not the best time for that and didn't economy at the moment in fact lot of global thinking agencies as well as the domestic leading agencies are already growth forecast for this financial year if you look at the currency market is going to be has been extremely weak footing it's one of the worst performing major currencies. in fact depreciated to up to fifteen percent about that well since then it has recovered what but still remains under question at this standoff central bank governor stepping down is definitely not going to go bad for the government because it meet us in the markets and it is going to cause we go problems. also be important for the government now to find a replacement asked soonest possible which probably would not be an easy task but
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that's ok we'll have to leave it there thank you very much for your take on that story japanese prosecutors have charged for missing him and carlos gong with financial misconduct he was arrested last month accused of underreporting using come by about forty four million dollars. his manner was calm his message clear taking to the stage the japanese prime minister sought to dispel concerns that charges against the now ousted nissan chairman would endanger economic ties between france and japan accord with mcchord kid frame from commenting on individual criminal court cases i can allege the importance of maintaining a stable alliance between nisanit kamal and mitsubishi as the symbol of industrial cooperation between japan and france i had a meeting about this with french president emmanuel back to yours and we both share the same view. and alliance the prime minister would be keen to protect every night
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vehicle on the roads around the world is sold by the partnership and yet it appeared in peril when it emerged that his head carlos corn was accused in november of underreporting his income by about forty four million dollars over a period of five years or about half what he was really making on monday tokyo prosecutors also indicted the carmaker itself as well as two other executives on charges of being implicated in the financial misconduct meanwhile corns fate looks all but sealed experts say more than one thousand nine percent of people prosecuted in japan are eventually convicted carlos schools allege a crime carrying a maximum sentence of ten years behind bars. if i stay in business that it. comes. down to come on.
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come on. come. on. the job. i'm going towards his face functional my to. the mission proceeds. more and more on to prison intelligence is playing a role in hiring procedures. a change for the better. or just plain frightening
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tomorrow to next d.w. . war. natural riches some little precious resources. and a rewarding investment movement of farmland and has been called ethiopia's friend go unheard the country has an abundance of money and leases it to international giants government and center. export revenues of the corporations high profit margins but not everyone benefits from the booming business. would give when i saw the bulldozers clearing the land i was devastated give me how could they bulldoze the land without my permission and they knew it belonged to me.
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expropriations environmental destruction starvation. the price of government and corporate crime. the sewing out of the country. dead donkeys if you know how you know. starts december twenty ninth on d w. pitching to you tomorrow today the science show on t w. this time we had two small extra dora the irag a ten was released into the wild was a success. as a job applicant you may soon find yourself being vets.

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