there will be more business news throughout the day on the bbc live webpage and on world business reportestern areas of the uk. quite a bit of rain around. 0ver higher ground, some snow falling, but it is across scotland where there will be snow falling through the morning and into the afternoon, and even down to lower levels there could be snow which could cause some organs. this weather front is straddled across the uk. early morning sunshine across the far east of england gradually being eroded by this cloud moving in. some cloud behind this weather system showing us where we have some showers. winter showers coming into the west. we get clearer weather coming through. but towards eastern part it will remain cloudy. snow at times over the pennines. down to low levels it is mainly rain and quite breezy conditions as well. during this afternoon, sunnier spells across much of south—west england, across wales, the west midlands, it is all remaining cloudy and wet. some snow for very northern scotland. and very cloudy skies. the weather front hanging on to give us outbreaks of rain. temper

we will update you and it will be on the bbc business page online as well.any that encapsulates all of china's ambitions, and that is alibaba. the halo effect of their runaway success have given it confidence to assert its own city as a hub capable of driving innovation. robin brant has been to hangzhou to see how alibaba's aspirations have been influencing other companies there. his base is a third—floor office in a grotty block in hangzhou. a city thatis a grotty block in hangzhou. a city that is now so dominate synonymous with china's ambition. —— that is now synonymous with china. hangzhou's success is that history. it is at the southern tip of the grain can now. it is a place that has long looked out to what is beyond the horizon. when china reformed its economy, this was one of the first places each age. but a company that has been here for almost 20 years and changed china, one that has changed china, even though you can't see it. and at the helm of a company is a man who could almost walk on water. his name is jack ma, who founded alibaba, an online

business. on twitter, we're @bbcbusiness. and you can find us on facebook, at bbc money. stories has the media been taking an interest in? lawrence gosling is editor—in—chief of investment week magazine and isjoining us again to discuss. let's start on a subject close to your heart of course. it is footie and was a huge amount of money. we have the option for the premier league, tv rights, and that will go up league, tv rights, and that will go up again. it is bound to. just to remind people of the number, £5.1 billion was the price played last time around, largely by sky and bt, andi time around, largely by sky and bt, and i think what is fascinating people now, who else will come in to try to push up the value of the rights which is clearly what the premier league wants, so we have seen amazon take on sky on atp tennis. facebook? talking about them earlier, and there has been some chatter as well about whether someone chatter as well about whether someone like netflix, were clearly content is there a driving force, whether they will come in. when you look at the bidding

business live website on bbc dot com/ business. com/ business. online, what you need to know and when through the papers. shall we focus on the church of england investment funds? england investment funds? issues of diversity, gender, climate change. i think they had already mentioned. mentioned. but they are setting the moral bar, aren't they? moral bar, aren't they? general meetings, usually from april. april. to voting against various members of the board. the board. and they've decided basically not to invest... it's not as draconian as that. that. the appointment of certain individuals. individuals. this is a job or be pushed situation for them. pushed situation for them. much better for them to be seen to taking the initiative. taking the initiative. voice, and then the next stage is to collaborate, or disinvest. collaborate, or disinvest. found other funds doing this outside of the obviously moral? of the obviously moral? people and comes under the name sustainability, or stewardship. sustainability, or stewardship. our clients by having a positive influence. can we talk about

this is business live from bbc news with ben thompson and sally bundock. correction or collapse? global markets turn red as the dowjones suffers its biggest one—day fall in history. live from london, that's our top story on tuesday 6th february. the sell—off began in the us, caused, unusually, by positive economic news, jobs and wages rising quicker than expected. and that could prompt another surprise rate rise for the world's largest economy. we'll explain what it all means. also in the programme: profits at oil giant bp soar to $6.2 billion, but can it regain its former glory nearly eight years after the deepwater horizon disaster? and this is how markets are trading in europe, down by 3% across the board — following heavy losses in asia and the us. we go beacon with the boss of a firm cashing in on the boom in healthy eating, but it is delivered to your door. we are asking whether the market volatility is a long overdue correction or a market panic. let us know your thoughts. where do you put your money? a warm welcome to the programme, a lot to squeeze in today. there seems

i for more on whsparking tos markethe m i spoke the bbc's business correspaydent yogita lin new york. you've been speaking to traders all day. what are they saying is causing this stomach churning drop in the market? yogita: it actually all started on friday morning. you had the jobs report comehi out, was quite strong. in that report, there was a number for wage growth. it had gone up 2.9% over the last year. this was more than what was anticipated. essentially, the logic is, if ilwages are rising, people start buying more, they will start spending more. that, in turn, would drive consumer prices up. that means you have more inflation. how does the central bank contain inflatn? they raise interest rates. before friday, traders said they ate risescting 2 to 3 r this year. now they expect more. when i spoke to expects -- one that i spoke to expects four or even six. on friday, the dow fell and today, the worst fall in percentage terms since the financial crisis. laura: what is the mood on wall street after such a dramatic day and so many losses? yogita: well, they are worried, of cours

you're with business live from bbc news.port out today from the institute for fiscal studies. with those aged 25 to 34—years—old hit the hardest. joining us now isjonathan cribb, a senior research economist at the ifs and author of the report. in some ways no surprises here, really? i don't think it's a great surprise what we found but i think it's important that we work out exactly who is being most affected by the increase in house prices that has gone on in the uk over the last 20 years. and quite how that has fed through to much lower home ownership rates for mid—income people. through to much lower home ownership rates for mid-income people. in terms of the scale of all if you like, the number of people looking to buy, how dramatic is this? like, the number of people looking to buy, how dramatic is thi57m really to buy, how dramatic is this7m really is romantic. for middle income people, 20 years ago, about two thirds of young middle income people owned their own home, now it's done to just over a quarter. look across t

now on bbc news all the latest business news live from singapore. w on bbc news, all the latest business news live from singapore. facebook beats earnings estimates but investors steer clear of the like button over concerns about changes ahead. and india's budget goes before parliament. we find out how it might affect the country's economy. good morning, asia. hello, world. it is thursday. glad you could join us. i am rico hizon. we kickoff the programme with facebook and its latest earnings numbers which beat expectations. advertising revenue up which beat expectations. advertising revenue up 47% compared to the last quarter of 2016. a5 revenue up 47% compared to the last quarter of 2016. 11.3 billion us dollars profitability. not all good news. the stock slumped after mark zuckerberg warned engagement could ta ke zuckerberg warned engagement could take a hit as facebook evolves and users were spending 50 million fewer hours per day on the social media service. why is facebook changing? with the changes in the facebook algorithm, they are looking at

there will be more business news throughout the day on the bbc live webpage and on world business report woken up good morning. some of us have woken up to eyes this morning, particularly in northern and western parts of the uk but for many others, some good spells of sunshine today, snow showers continuing her early towards northern and western areas. you can see snow towards northern and western areas. you can see snow showers towards northern and western areas. you can see snow showers of the speckled nature of the cloud down towards the south—east. there will be clearer skies and sunshine as well. we will keep the sunshine towards the south and east, into this afternoon. further north—west, this afternoon. further north—west, this little blobs, snow showers continuing to feed into north—west england, western and northern areas of scotland. the cloud increasing just a touch in northern ireland but foremost, good spells of sunshine, feeling quite again, maximum temperature of 5—8dc. this evening and night, continuing with clear skies in central and eastern areas but out towards the wes

there will be more business news throughout the day on the bbc live webpage and on world business report ground, things improving slightly today. looking brighter, quite breezy, a few showers dotted around, primarily in the north and west. the weather system that brought wet weather yesterday, clearing the way. low pressure is still firmly in charge and that is bringing in a north—westerly wind, still the risk of wintry showers in scotland and northern ireland today, showers dotted around northern england, perhaps the odd shower in southern areas too. for much of southern england, wales, closer look at this afternoon, looking mostly dry with sunshine continuing. temperatures into double figures in southern areas. with lighter winds, feeling fairly pleasant. further north, snow showers over the pennines, northern ireland, but in particular, the north and west of scotland were the snow showers continued to feed him. still a little bit chilly here. —— feed in. thursday evening, we will see the showers continuing across the north, elsewhere, clear spells. temperatures dropping down close to

you're with business live from bbc news. alty package for breaching anti—money laundering and social responsibility regulations. business correspondent sean farrington has been looking at the details, he's in our salford newsroom. what have they been doing? what have they been doing? the gambling commission, the regulator looking at this, has used pretty strong words, systemic issues. it means it is not just one or two micro people, this is the structure of the company not assisting the anti—money—laundering practices and executing social responsibility how they should. 0ne problem was the gambling commission found that ten customers were able to use money found from criminal proceeds to put through william hill accounts, which ended up with william hill making £1.2 million in profit on the back of our cash. so pa rt profit on the back of our cash. so part of the £6.2 million is to pay back the £1.2 million, £5 million is a fine linked to breaching regulations put in place. some extraordinary examples being given by the gambl

bbc news. coming up at six on breakfast — dan walker and louise minchin will have all the day's news, business s set to publish a draft of the brexit treaty — it's likely to stoke tensions with britain over a possible hard border in ireland. president trump's son—in—law and senior adviser, jared kushner, has had his white house security clearance downgraded. he now won't have access to many sensitive documents. now it is time look at the stories that are making the headlines in media across the world... we begin with the telegraph and uk foreign secretary borisjohnson who has suggested in a letter to prime minister theresa may northern ireland may have to accept enhanced border checks after brexit. the arab news leads with us envoy to the un nicky haley who is threatening to take action against iran after russia vetoed a un security resolution condemning tehran's support for yemen's houthi rebels. the new york times says saudi arabia's world dominance over oil production is waning. the kingdom's position is being challenged by a production boom in american shale fields and the rise of natural g

you're with business live from bbc news. itain will leave the customs union after brexit, amid claims of tory disunity over the uk—eu future relationship joining us now is our business correspondent, jonty bloom. tell us more... since theresa may said last year we we re since theresa may said last year we were leaving the customs union, why is this significant now? two reasons, this week there will be meetings of the cabinet committee, which is in charge of deciding what the uk's policy on brexit should be, what the end result is likely to be. that was still up in the air. there was internal battles going on in the conservative party last week with the hard—line conservative party last week with the ha rd—line brexiteers conservative party last week with the hard—line brexiteers insisting they wanted to be outside the customs union. number ten was forced to say that has been our plan all along. nothing has changed, there is nothing to see here. those internal battles in the conservative party forced those comments from number

bbc news, belfast. coming up at 6am on breakfast: dan walker and louise minchin will have all the day's news, business andws. the latest headlines: south africa's ruling party, the african national congress, has decided to remove president jacob zuma as head of state. long beset by allegations of corruption, he has faced mounting calls to end his second term. the party has the authority to order him to step down, though he might yet refuse. the north korean leader has described south korea as very impressive and declared he wants to build on the atmosphere of reconciliation, surrounding the winter olympics. kimjong—un has been briefed by a delegation of senior officials, including his sister, who've just returned to pyongyang from the south. the international charity, 0xfam, is under more pressure with the revelation that some of its staff in haiti and chad sexually exploited people they were sent to help. the british government has given them until the end of the week to explain how it will make sure such abuses never happen again. now it is time look at the stories that are making the headlines in media

you're with business live from bbc news. ve had results from the commercial broadcaster itv. they reported a 5% fall in full—year profits, after a tough year for advertising however it saw growth in its studios business, which makes tv shows for the network and other broadcasters. new ceo carolyn mccall is aiming for a strategic refresh of the business. tom harrington is from enders analysis is here to tell us what that might mean. she called it a strategic refresh but that is tough for advertising right now in the market? they announced net advertising revenue was down 5%, in line with guidance, and what has been happening in the market, the market trend, unsurprising in that regard. the last five years has seen itv moving away height quickly from a model thatis away height quickly from a model that is based entirely upon advertising revenue and towards one which gets increasingly upwards of 50% now in their production capabilities. they are protecting themselves from the ups and downs of themselves from the ups and downs of

you're with business live from bbc news.ibre broadband to 3 million uk homes. the broadband firm has also announced plans to raise £200m through a rights issue. joining us now is our economics correspondent, andrew walker. talktalk is looking to raise this money and shift the focus towards broadband, away from mobile. what are the key steps they have announced ? are the key steps they have announced? quite striking move. in a sense, you could describe this as going back to their roots. the company originally started off within carphone offering services over fixed line and then subsequently got into mobile. now it is going back towards those fixed line services, creating a new company, along with infrastructure. it will be aiming to provide full fibre services to 3 million users across the country. they have already started an experiment on this in york, where they have 14,000 already connected, aiming to get up to 50,000 as a result of work that is currently in hand. they are proposing to go to investors, to raise another £

you are with business live from bbc news.h construction giant, carillion, are calling for its management to be investigated. some have told mps that the compa ny‘s executives must have known, or should have known, about its cash flow problems, well before it went into liquidation last month. our business correspondent, joe lynam, reports. carillion collapsed last month with debts of almost £1 billion and a pension black hole almost as large again, today we heard from carillion's former biggest shareholders, any of them got out before it was too late, in letters to mps examining the collapse, one fund manager said that they'll should be an investigation, they used to own 10% of carillion. another big shareholder, standard life aberdeen, said management had played down any potential risks. a canadian shareholder needed for attem pts canadian shareholder needed for atte m pts to canadian shareholder needed for attempts to get a meeting with the former chief executive of carillion. we have had a setup where people working continu

you're with business live from bbc news. uk. the uk part of the firm could fall in to administration as soon as tomorrow if a deal isn't done today, putting more than 3,000 jobs at risk. let's speak to maureen hinton, global research director at global data. what do you think will happen this week? it does not look very good. it looks like it will not be able to pay its back bill and it has had to trade since christmas. it looks like the company will fold. it is a real shame for all the employees. one we talk about toys "r" us, there is a tendency to look back nostalgically and remember those big out—of—town stores that many families might have gone to before christmas or a big birthday, but they did not keep up with the times, did they? the competition has moved on. we use online much more, we shop orfrom supermarkets, argos as well. it has not kept up with it. also there is another competitor, smith's toys, also on retail parks, and it seems families preferred to go there. it is a case of lack of investment and keeping up

bbc news. i will be back with a business briefing injust a on bbc news. will pan out. we will have a sneaky little look at what is to come for the weekend. wednesday was certainly a wild affair for a time across north and western parts of scotla nd time across north and western parts of scotland but things really improved dramatically. the difference, that weather front draped across the british isles. eventually, scotland as well as those lovely pictures are coming out. much of a cloud pulling away into the north sea to leave a pretty chilly start, sought me for the northern half of the british isles as the start of the new day on thursday. the northern half of britain really quite close to this big area of low pressure close by to ice and further south. a writ of high pressure trying to play its pa rt high pressure trying to play its part ina high pressure trying to play its part in a real difference anywhere in the circulation of the low, showers and fairly cool air to the south. fewer showers thanks to the bridge of high—pressure reasoning throughout.

you're with business live from bbc news. the headlines lately, particularly in the tv and film industry, prompted by allegations against disgraced producer harvey weinstein. and so the british film industry has launched a new set of guidelines to guard against bullying and sexual harassment. let's speak to bfi's chief executive amanda nevill. why are these guidelines being launched ? what is the aim behind them and why are they needed? why are these guidelines being launched ? this is a set of eight principles that have been devised and drawn up by most of the main organisations behind film in the uk. they come with a set of guidance. they also come with a commitment to offer training with the aim that in every set and every workplace there are at least two people you can go and talk to. and a free telephone advice line which is being supported by the film and television benevolent fund. there hasn't been anything like this in the past. people have complaints and concerns but haven't had any where to turn to. the law is on y

you're with business live from bbc news.exhibit great art and innovation from the north. steph is in gateshead to find out what is planned. hello, today they are launching the great exhibition. in the summer for 80 days across the region there will be various events celebrating the art, culture and history of the whole of the north region. it is about inspiring the next generation of people to come up with future innovations, but it is also about celebrating the past as well. one of the things that is part of it is a water sculpture. that will run along the time in gateshead, it separates newcastle from gateshead. there is a lot more to it as well. you are the executive director, tell us a bit more. we have got a great example of things we are showcasing in lego and some things from the beatles to grapheme, we are also creating a virtual reality rocket. we have an amazing, new 21st—century transport port that will get you from scotland to manchester in ten minutes. the great north run. we are also encouraging young people to

you're with business live from bbc news.osted pre—tax profits for last year of £5.3 billion, up 24%. that is the first year as a fully private enterprise. joining us now is laith khalaf, senior analyst, at hargreaves la nsdown. just tell us, are we now back on track? is this back to the good old days of lloyds from precrisis days? lloyds has been on a long recovery but it has recovered quite strongly. as you say, a landmark achieved last year, which is back in private hands finally, after the government bailouts during the financial crisis. the numbers are all looking pretty good. income rising profits rising, and costs under control. a bumper pay—out coming to shareholders as well post a lot to like with the numbers. there are still bills to pay for ppi. is that anything as we should worry about in terms of extraordinary costs? ppi is the main one. that has been ticking overfor a long time. what we had last year, a new deadline was introduced of august 29 and that has prompted more people to claim. there was a prompted more

and now on bbc, all the latest business news live from singapore.are critique of india's argent from the governor of the country's central bank. i am live at the singapore airshow, the world is facing a shortage of airline pilots at higher pay and women pilots may bea at higher pay and women pilots may be a solution. it isa it is a thursday, everyone. good morning, asia. hello, world. glad you could join us for this edition of asia business report. i am rico hizon. usually stays quiet and this commentary to others but the governor of the reserve bank of india has spoken out about the budget and the country's economic direction. for more on this, let's ci’oss direction. for more on this, let's cross over direction. for more on this, let's cross over to a asia business report, who attended the government's press conference. thank you so much forjoining us, what did the governor said? well, the governor opened up about various issues related to the economy and specifically the budget announcement which took place, which the government decided to introd

it is the regulator and knew that oxfam was looking into this business. the bbcm this business. the bbc asked them this morning why they did not do more? they did say they were investigating some allegations of sexual misconduct. why was that not investigated further? it was not clear what the extent and seriousness was. they assured us, the categorically said there was no abuse of beneficiaries. they did not describe allegations of possible crimes, including those involving minors. priti patel has been writing about this, claiming that officials in her department at the time did not push investigations on all of this that she wanted to push. in terms of what penny mordaunt will look at today, how much danger is oxfa m look at today, how much danger is oxfam aid's grant end? pretty important if they do not meet the targets and child protection. quite. penny mordaunt was blunt at a big un meeting. there have been warnings in the sector for 20 years that sexual predators have been targeting disaster relief agencies so priti patel was pushing about that at a big un

now on bbc news all the latest business news live from singapore.pple, alibaba, and is on and alphabet reporting strong news but will investors give them an a+? alphabet reporting strong news but will investors give them an a+? from chicken farm to boardroom, the unusual career path of a tech ceo. iam rico i am rico hizon, you will watch it world business report. good morning asia, hello world. corporate earnings in america and revenues have surged a long list of tech titans. apple has reported quarter reve nu es of titans. apple has reported quarter revenues of 80 $80 billion but iphone sales fell short. —— 88. according to the latest earning reports apple is selling fewer iphones than it was last year but it may not be quite as bad as it sounds. the period it measures in the 17 was one week shorter than that in 2016 which may account for the drop of 1%. also, because of the iphone x, the average selling price has gone up to nearly $100 so while they were selling less, they were making more money on each one. —— $800. still they did not smash it ou

now on bbc news, all the latest business news live from singapore.de and the trans—pacific partnership are at the top of the agenda for the prime minister of australia, malcolm turnbull, and his first visit to washington. how valuable is one celebrity's worth? snapchat is finding out the hard way as its stock falls more than 7%. good morning, asia, hello, world, it isa good morning, asia, hello, world, it is a friday. thank you forjoining asia business report. we start with malcolm turnbull, the prime minister of australia, meeting donald trump very soon at the - house. he is very soon at the white house. he is travelling with a large delegation of business leaders to boost trade. australia— us trade last year rose to $34 billion. major australian exports include beef, other meats, and spacecraft. the us is the largest foreign investor into australia, pumping in $672 billion into the economy last year to be i spoke to a professor at the university of sydney, who said it is an important relationship. they are at the largest investor in australia, and

now on bbc news, all the latest business news live from singapore. shrugged off the latest inflation report despite worries that rising prices would trigger more rate hikes. we will find out why. and as donald trump cracks down on immigration, the spouses of thousands of asian immigrants working there could soon lose their jobs. good morning, asia. hello, world. it is the eve of chinese new year. glad you could join us. we have been waiting for this piece of data all week. the latest inflation numberfrom data all week. the latest inflation number from the world's biggest economy. american consumer prices rising farther than expected in january, balancing up by 0.5%. economists were expecting a rise by 0.3%. in increased by 2.1%, the same pace as the month of december. this time, markets were shaken by the numbers. the nasdaq gaining 1.9%. our business reporterjoe miller explains why. job numbers we got a couple of weeks ago are up. people have more money to spend. really, this is quite good news and that may explain why in the markets haven't really

uk: former executives of carillion have spoken publicly for the first time and now on bbc news, all the latest businessews live from singapore. asian stock markets surged this morning after wall street bounces back. bowling touches down at the singapore airshow. what deals will they make? —— boeing. good morning, asia. hello, world. glad you could join us for this edition of asia business report. i am rico hizon. we start off with asian markets and they have opened higher after the mulch will stay on wall street, which saw the main us indices plunge for making record gains. here is where things stand right now. the nikkei is up by 3%, thatis right now. the nikkei is up by 3%, that is 660 points. the asx all 0rdinaries index is up by i.2%, and the hang seng index, according to the hang seng index, according to the futures markets, will be opening in positive territory. we will have the initial numbers for you in about five minutes‘s time. it is important to keep this wild ride in perspective over a longer period because the markets look very different. the nikkei has gained 14% over the last year. hong

now on bbc news, all the latest business news live from singapore.all smiles from north korea and the winter olympics but will that be enough to lift sanctions on the country. and we had to hyderabad to find out why this city's drawing so much talent. gong xi fa cai, have been lunar new year to all our viewers, welcome to asia business report. —— happy. the world has heard from north korea more from the last few days than in decades, their figure skating team, cheerleaders and north korean leader kim jong—un‘s sister have all won the hearts in the winter olympic games in pyeongchang but good this soft diplomacy translate into loosening sanctions against the state? earlier i asked justin hastings, an expert on the north korean economy, how the international community had reacted to the latest moves from the country. un sanctions and us sanctions aren't going anywhere so what the north koreans can hope to gain is ultimately weaken south korea's will to enforce sanctions and maybe get more aid or money out of south korea. at some point north korea will

now on bbc news all the latest business news live from singapore.south after another punishing session on wall street. and flying high but two were? we find out why businesses and spectators flocked to edge shows. —— airshow is. welcome to asia business report live from singapore with me, mariko oi. we start with markets and we had another volatile trading day of the night, wall street ended the day practically in freefall and now we're seeing asian shares down as well. monica miller has the latest. monica, wow, what a week? it's been intense. the asian markets are taking wall street's lead s&p m _7 seng isjust opening, it closed down! down as if seng isjust opening, it closed down! down as - if we can yesterday down as well. if we can look at what happened in the us, again itjust sank right to the bottom. the dow jones again itjust sank right to the bottom. the dowjones industrial is now down below 24,000, closing more than 4% down. snp 500 and nasdaq as well. it's been a nerve shattering kind of weak but there's one rally that would have made bigg

now on bbc news, all the latest business news live from singapore.tock markets have lowered in the wake of two days of heavy losses on wall street. i am here at the singapore air show as asian countries beef up defence spending i have a lie in chief executive. -- live interview. it is tuesday, glad you could join us for another exciting addition of asia business report. we start off with a very volatile and crazy global stock market. and the rout has deepened this tuesday with asian financial markets heading lower this morning on the back of heavy losses on wall street. this is where things stand at the moment. as you can see, the nikkei is down by over 4%. the all ordinaries index is in the red by 2.6%. for a perspective on this sharemarket rout i'm joined now by oui’ sharemarket rout i'm joined now by our asia business correspondent. 1000 points on the nikkei today. this carnage, this fall continues from yesterday's rout. as we have been talking about all morning this has come about as a result of rather positive economic news coming from the unite

now on bbc news, all the latest business news live from singapore. raising taxes.t's rarely a popular decision but that's what singapore is expected to do when it announces the 2018 budget later today. and cambodia grapples with how to provide enough affordable housing to a fast—growing population. it's monday, everyone. good morning, asia. hello, world. glad you could enjoy enjoin us for another exciting week on asia business report, i'm rico hizon. in singapore taxes are the focus when the citystate announces its new budget. the government has flagged it will need to increase tax revenues as spending on healthcare and infrastructure is expected to rapidly rise. one possible idea, attacks on e—commerce, which would make singapore among the first in asia to do so. earlier i spoke with amy from ernst and young and i asked her if we're likely to see tax increases. really it's what the government has been messaging up to today. there's increased need for our social spending with an increasing and fast ageing population. what will be e—commerce tax structure look like?

now on bbc news, all the latest business news live from singapore.nomy keeps growing but is it running out of steam? all the latest gdp numbers are up next. and could your dna be the key to finding your true love? a new matchmaking app puts the idea to the test. glad you could join us this exciting addition of asia business report. japan's latest economic figures have just been released. its gdp grew by half a percent in the last three months of 2017 compared to the same quarter a year earlier. the numbers we re quarter a year earlier. the numbers were a little softer than expected. it is the eighth straight quarter of expansion forjapan‘s economy. earlier, we were told why the economy is building strength. there are some seasonality, some volatility but the big issue is, for the first time in 30 years, it's 30 yea rs, the first time in 30 years, it's 30 years, you've got wages, jobs, the quality ofjobs are improving so the overall environment for consumption is now a positive one. while over the last 30 years, it was a negative one. that's the key p

now on bbc news all the latest business news live from singapore.e over or is itjust the beginning? we find out where the global markets may end after the volatility of last week. and and enduring sports legacy. we find out about triathlon‘s plans for asia. it's monday, everyone. good morning, asia. hello, world. thank you for joining us for this edition of asia business report. we begin the programme with the asian markets that are offered from heavy selling last week following volatility on wall street. we had the bench mark indices injapan, hong kong and shanghai falling at least 10% from recent highs. chinese equities in particular were under pressure, partly due to the weakening of their currency. should we be bracing ourselves for another wild ride this week? i asked that question earlier. investors seem to be responding to increased expectation that in flirtation will pick up —— inflation will pick up. the strength that we are seeing in global economy that is driving market and as we may be in the midst of this shift, i expect investors will

now on bbc news, all the latest business news live from singapore.m mix business with politics? donald trump jr visit india. his team mix business with politics? donald trumer visit india. —— is he mixing. a look at how chinese internet giant aliba ba he mixing. a look at how chinese internet giant alibaba has turned a little—known chinese city into a start—up capital. it is wednesday, everyone. good morning, asia, hello, world. magic a drone is this midweek edition of asia business report. i am rico hizon. we start off with the us president's summit, donald trump jr, he will be talking with buyers of trump branded apartments. could xa he is cashing in on the president's name but mr trump says he has been building relationships in india for years. we managed to catch as he was leaving trump tower. on his first day in india, donald trump on his first day in india, donald trumerwas on his first day in india, donald trump jr was not giving on his first day in india, donald trumer was not giving away anything. sir, one should be meeting the prime ministe

this is business live from bbc news with ben thompson and sally bundock. business leaders lose their patience about britian's brexit plans as the prime minister meets senior ministers to thrash out the uk's position on leaving the eu. live from london, that's our top story on wednesday 7th february. the british chambers of commerce accused theresa may of "ambiguity" saying businesses must plan for their future and want a firm decision on the way forward in the next fortnight. also in the programme: grocery giant tesco faces britain's largest ever equal pay claim that could top $5 billion dollars as thousands of women workers demand pay parity with men. a bounce back in global stock markets following the wild swings this week that have marked a return of volatility after years of calm. but is it here to stay? traders could do with de—stressing. and we'll be getting the inside track on the business of stress—busting — stock market traders could do with a bit of that this week. but for many of us, hectic modern life means we all need a some help to destress. o

now on bbc news, all the latest business news live from singapore. a changing of the guard at hsbc.la a changing of the guard at hsbc. will a new a changing of the guard at hsbc. willa new leadership mean more profits for the banking giant? and richard branson tells the bbc about his plans to build the hyperloop train in india. its tuesday. good morning, asia. hello, world. glad you could join us. hsbc will have a new ceo taking the helm today after major restructuring turned its fortu nes major restructuring turned its fortunes around. uk—based lender reports full earnings and many will be watching for signs that the bank's pivot to asia will be a success. bank's pivot to asia will be a success. in the third quarter of last year, nearly 90% of its pre—tax profit came from here in the region. asia has been a key driving growth in the loans, insurance and wealth management business. the bank is betting big on the pearl river delta, the world's most populous urban area, by investing billions of dollars in infrastructure and the area but as stuart gulliver hands over tojohn flint, area

now on bbc news, all the latest business news live from singapore.kets retreat after nude fed chief shows a more hawkish sta nce nude fed chief shows a more hawkish stance on inflation rates —— new fed chief. these cards still contained the defective toccata airbags. good morning, asia, and hello world, glad you could join us for this midweek edition of asian business report. i‘m rico hizon, we start off with jerome powell swearing in on the 5th of february, but —— but investors have not heard much from this newly minted fed chief until today. his testimony earlier from the house services committee has increased pressure that the fed could add a... this has caused share markets to fall. the s&p 500s suffering its biggest drop in three weeks, the nasdaq and dowjones falling by 1.296. nasdaq and dowjones falling by i.2%. as fraser, the likes of asia into negative territory, together all ordinaries in the index. earlier, our business reporter explained by mak —— why mr powell‘s testimony is making investors nervous. in december 2017 meeting, what the fe

now on bbc news — all the latest business news live from singapore. reserve, minutes out of. will the central bank take a more hawkish approach on interest rates? and a global tech consultancy shows businesses how to play their cards right in the year of the dog. good morning asia, hello world. glad you could join us for this exciting edition of asia business report, i am rico hizon. we start off with the us and federal reserve has released minutes, giving an upbeat assessment of the economy and inflation, changing expectation about interest rates have created more volatility in the markets, just like what happened on wall street yesterday, opening on the plus side but closing in negative with the dowjones down by 167 point. as for asian markets, currently open and it is a mixed bag. the nikkei up and the all ordinaries down the. earlier i put the question to our reporterjoe miller in new york. if you ask the markets when they had closed at 4pm the answer would yes but if you ask the answer would yes but if you ask the markets just a a few minutes aft

now on bbc news all the latest business news live from singapore.reet closes higher, but our investors nervous about what comes next? we will hear from a large fund manager. and how companies are helping clean up the oceans by cutting down on plastic waste. good morning, asia, hello world. it isa good morning, asia, hello world. it is a tuesday. glad you could join us for another exciting addition for asia business report. i'm rico hizon. we kick off with the markets. we saw wall street closing higher overnight with the dowjones adding 1.796 overnight with the dowjones adding 1.7% and the broader s&p 500 hired by1.4%. 1.7% and the broader s&p 500 hired by 1.4%. that mackay by. we have seen by 1.4%. that mackay by. we have seen one by 1.4%. that mackay by. we have seen one of the wildest runs in us stock market history. in asia, markets followed wall street moved, it is that make it sell trade. the nikkei and be indexed and south korea. i spoke to shaun taylor about what he has been watching for in the market right now. the way we are looking at infl

with the eu if he was prime minister, saying it would safeguard jobs and living now on bbc news, all the latest businessve from singapore. day two of the world mobile congress in barcelona. we find out what they have to say about the us ban on its product. new zealand public finance minister tells us what the gbp would mean for the best tpb would mean for the country's economy. good morning, asia, and hello world. clad you could join us for this edition of asia business report. it is tuesday, andi asia business report. it is tuesday, and i am rico he's on. we start off with the world mobile congress in barcelona today, and american politicians have been accused of barring the company from the us market for commercial reasons. operators have been warned from stalking him, mobile phones over concerns that the company is too close to the chinese government. the firm insists it's independent that it's mobile boss told rory katlyn jones that they have big ambitions, whatever happens in america. every year, we have strong growth, every year. we have a chance to be number one, not far away. you think you can b

you're with business live from bbc news.eing bailed out by taxpayers during financial crisis. last year, it made an annual profit of £752 million, compared with a £6.95 billion loss the year before. our economics editor kamal ahmed has been speaking to the chief executive of rbs, ross mcewan. first off, ten years of losses, this is symbolic, notjust for colleagues at work but also for the uk, who put at work but also for the uk, who put a lot of money into the bank. we have been restructuring, taking losses, finding a prophet like this, it shows how good this bank can be. not through all of the issues, we still have one very large one, but the fundamental value of the business is starting to show through great brands, this year, the income was up, costs great brands, this year, the income was up, costs were great brands, this year, the income was up, costs were down, the capital position, important for the stability of the bank, has been up as well, pretty good set of results, lots of work to do. is it sustainable, we still

bbc news. i'll be back with the business briefing in just a few moments.ompanies. hello. the weather will present us with some challenging conditions to get to stay under way, whether it be wintry, wet, or windy, wherever you are. disrupters are possible across the northern half of the uk. further south with the worst of the ring. this is the low pressure responsible. this is set to push from west to east through the day. scotland, rush hour looks particularly difficult. by — ten centimetres of snow possible across the islands, even through the central belt we are talking about 1-3 central belt we are talking about 1—3 centimetres. 5— ten centimetres across the pennines. we could see 5— ten centimetres of fresh snow by the end of the rush hour. as far south as the midlands as well. and falling across the higher ground of wales. further south and into england it is mostly rain we are talking about. that will be accompanied by some strong and gusty winds. difficult driving conditions. disruption is likely. stay tuned to your bbc local radio station for all t

bbc news. i'll be back with the business briefing injust a moment. plenty more on fake news. china have started using sunglasses featuring facial recognition technology. it allows officers to scan crowds looking for suspects. what do you think? fighting crime, or is it big brother style surveillance? tell us what you think. just use the hashtag — #bbcthebriefing. some of you have already got in touch with me over twitter with what you think. we've had this from someone you think. we've had this from someone in nairobi, this is genius, she says. we had andrew in leeds here in the uk is saying it might not work quite so well in beijing with so many people wearing masks due to the appalling air quality. that is a very good point. how well can they look at these faces? a person from canada saying that robocop, yes, those pictures certainly reminded me of that as well. we have is this technology proliferates and sees an increase in technology and speed, it will inevitably mean that privacy is dead. plenty more on that story, do let us know what you think. plenty more on bbc news,

sport now...and for a full round up, from the bbc sport centre, here's holly. very busymier league in a minute, but the six nations tournament is under way and what an opening game it was for wales. scotland had high hopes before the match but they were ruthlessly dismantled by warren gatland's side who had a bonus point 34—7 win. joe wilson was at the principality stadium. the six nations is designed to stir you. does it inspire or overwhelmed? joss adams made his debut for wales. —— georgia adams. if you get a chance, snatch it. scotland could see their pre—match optimism disappearing after just six disappearing afterjust six minutes, as gareth davies reached the line. wales led 14—0 at half—time. scotla nd wales led 14—0 at half—time. scotland tried the fancy stuff and field, wales that the basics brilliantly. leigh halfpenny scored two tries. who saw this coming? not the scotland coach. four tries in a match means atonement bonus point. at its best, rugby is power, pace and agility. in other words, this man. 34—7 final score. so many injured players were missing from

bbc news. in a moment a summary of the business news this hour but first, the headlines on bbc news: the cold weather a red warning is issued for scotland — the highest level of alert. theresa may rejects eu proposals in a draft legal treaty suggesting a "common regulatory area" on the island of ireland if solutions cannot be found for the post—brexit border. more than 5,000 jobs are at risk, as both toy r us and maplin go into administration. in the business news: toys r us has gone into administration, putting 3,000 uk jobs at risk. toys r us managed to stave off administration in december, when it struck an agreement with the pension protection fund to inject £9.8 million into its retirement scheme over three years. and one of the uk's biggest electronics retailers has collapsed into administration after talks with potential buyers failed to secure a sale. maplin, which has more than 200 stores and 2,500 staff, will continue to trade through the process. estate agent chain foxtons has reported a slump in profits as it warns of a london housing market near historic lows. it says profits fell 65% fo

bbc news. welljoining me now is the leader of the liberal democrats and former business secretary sir vince cablening and welcome to bbc news. a lot of what the government is announcing is to do with state support as well as what the private sector banks are willing to do. are you pleased about that? it is necessary , you pleased about that? it is necessary, but it is far too late. the government knew about the troubles regarding carillion, that's why it was feeding it contracts. there is a deeper problem here as well. one of the fallout from carillion is that large numbers of small and medium—size companies that are very well run will go down. it's already happening. 0ne are very well run will go down. it's already happening. one of the reasons is that carillion was not observant of the government requirement that you pay your suppliers. a lot of these companies we re suppliers. a lot of these companies were lending money to carillion. at least one company has told us privately that it won't take up the offer and it suspects other companies won't take it. 0thers offer and it suspects other compa

bbc news. in a moment a summary of the business news this hour, but first the headlines on bbc newsroom live.government over allegations some of its staff used prostitutes in haiti. its future funding could be in doubt. becky dobson is named as one of three britons who died in a helicopter crash over the grand canyon. the others are jason hill and stuart hill. theresa may has been meeting workers in belfast today. her visit to northern ireland, along with the irish prime minister, leo vardkar, prompts speculation that a deal to restore the devolved government at stormont may be closer. in the business news... did barclay‘s did ba rclay‘s bank did barclay‘s bank give qatar a loan which was used to buy shares in the bank? it is being investigated by the uk's serious fraud office. the decision to charge barclays bank as well is significant because it holds the banking licence that allows it to operate in different countries. 21st century fox has put forward plans to ensure the independence of sky news as it seeks to overcome competition issues surrounding its proposed takeover of sky. including

bbc news. in a moment, a summary of the business news this hour, but first the headlines on bbc news: actress andes borisjohnson assures people that brexit is an opportunity there shouldn't be any fear. actress and campaigner minnie driver has stood down as a celebrity ambassador for 0xfam over the haiti scandal. pressure is mounting on the south african president jacob zuma pressure is mounting on the south african presidentjacob zuma to stand down. hello, time now for the business news. the european union economy grew at its fastest pace in a decade last year. official figures show it expanded by 2.5% in 2017. more on that in a moment. sky and bt have agreed to pay £a.5 billion to show premier league games from 2019 to 2020. that's less than the £5.1 billion pounds they paid in 2015. the south east is still driving the second—hand car market. just over 8 million use cars change hands last year, some 1.2 million of those transactions taking place in the south—east. the eu economy is on the rise. last year it grew by 2.5%. that's the fastest growth since 2007. the french and german economies have