for more details, i'm joined now by my colleague mariko oi.hatare joined now by my colleague mariko oi. what are some of the features of this bill? there are actually two of them that will now go to president trump to sign or veto. one is to ban the export of items like teargas, pepper spray, and rubber bullets that hong kong police forces, who have been accused by protesters of excessive use of force stopping the other bill is called hong kong human rights and democracy act. let me explain. we all know that the city enjoys its status as a world financial centre stopping many multinational companies operate out of hong kong. instead of china, the city has what is called special us trading consideration. of president trump signed the bill, washington won't be offering that condition automatically and would ask us secretary of state to certify at least once a year that hong kong retains enough autonomy to qualify for special us trading consideration. if the city loses it, it will be a huge blow. the bill will also provide for sanctions against o

remember, mariko, even that bid wasn't guaranteed.ame out a little over an hour ago, that when he filed his appeal to the high court on tuesday, it was reported this was not guaranteed that he was going to get a hearing, that this was going to be considered by a panel of 2—3 judges. they were going to make a decision and we have the news that he will indeed get his day in the high court here in australia. we have yet to find out the exact date. we understand it is going to be some time next year, that is going to yet again challenge his conviction. remember, he's serving a 6—year sentence for child sexual abuse of two boys back in the 1990s. this conviction came out back in december. he tried and failed in an appeal back in august this year when the victorian court of appeal dismissed his appeal 2—1 and he argued the guilty verdict was unreasonably based on testimony of one victim. we will have a clear idea about the grounds of exactly what he's going to with the high court, but it is going to be along similar lines. it means that, ye

i'm mariko oi in singapore. the headlines: israel's prime minister is indicted for bribery, fraud and breach of trust — he responds angrily. this evening we witnessed an attempt to carry out a coup d'etat against the prime minister on false allegations in an investigation process that was biased and contaminated. firefighters battle hundreds of blazes across australia and warn it's too late for some to evacuate. i'm ben bland in london. also in the programme: at the trump impeachment inquiry, a former security official says the president promoted a false narrative. and from war orphan to star ballerina — a remarkable story of perseverance, dedication and survival. voiceover: live from our studios in singapore and london, this is bbc world news. it's newsday. good morning. it's 9am in singapore, one in the morning in london and 3am in israel where prime minister benjamin netanyahu has been indicted for corruption. the charges of breach of trust and fraud are the first ever against a sitting israeli leader. mr net

i'm mariko oi in singapore. the headlines: in hong kong, police warn that the rule of law is on the brink of total collapse as the violence intensifies. conditions are about as bad as they can get across much of eastern australia as ferocious bushfires reach sydney's suburbs. i'm maryam moshiri in london. also in the programme: australia's highest court agrees to give cardinal george pell a final chance to challenge his child sexual abuse conviction. and this is one of the most polluted rivers in the philippines — we meet the 13 year boy who scavenges for plastic in its murky waters live from our studios in singapore and lond, this is bbc world news. it's newsday. good morning. it's 8 in the morning here in singapore, midnight in london and 8am in hong kong — where a senior police officer has warned that unrest there has brought the city to "the brink of total breakdown". in the latest clashes between police and democracy campaigners, the violence spread to a university campus, where tear gas, rubber bullets and

thank you so much, my colleagues and business reporter mariko 0i.lier about that impact of abenomics. on one hand, ithink that impact of abenomics. on one hand, i think abenomics can claim some success, hand, i think abenomics can claim some success, the jobs have been created, but the structural reform of so—called third arrow is still a mixed bag. that labour reform, gender equality issues, regional revitalisation, this is still a work in progress. it has been a work in progress for such a long time. has he failed on this aspect of abenomics? no, i think it is he failed on this aspect of abenomics? no, ithink it is still in progress, so the labour reform, for instance, the policies are just in place so we are seeing it unfold as we speak. in 2014, he raised the sales tax to 8%, now it's at 10%. a lot of economists are saying that this could lead to the failure, eventually, of abenomics because it could lead one again to lower growth and eventually a recession. do you agree with that? the slowdown is inevitable. the market concerns are going to be

mariko, there is a real sense this week that the protest between the pro—democracy protesters in theeone being shot earlier this week, it's changed. indeed, sally. as you mentioned, until recently, until this week, the local stock market didn't exactly respond to those ongoing clashes, sometimes violent clashes but on monday we saw that ball about 2.5% but as you mentioned, we are seeing a fall again but as you mentioned, we are seeing afallagain in but as you mentioned, we are seeing a fall again in the hang seng market and it feels like investors are now willing to start to worry about how these clashes could come to an end and of course, the protest used to be just contained over the weekend, i was there, many times and by monday morning, everything goes back to normal, back to business but this week, we are starting to see those violent protests spreading to university campuses, affecting the central business district so it feels like investors are now starting to really worry about it and that's why we are starting to see this reaction in the stock market. thanks very much for t

and i'm mariko 0i in singapore. stay with us.in for most of us isn't particularly happy but drizzle, low crowd, grey skies, that sort of thing. in the north of the country, the weather is driest. not much rainfall at all here in western scotland and this is where the temperatures will be lowest, around six or seven degrees i think on the south coast of england early on friday morning. and through the day, you can see whether rain is, there is some rain in the south, a little bit of rain across northern england, nudging into south—east scotland for example, maybe northern ireland as well but the rain turns heavier later in the day, in south—western england, wales and parts of the midlands but you can see the south—eastern eastern areas there, a bit dry. probably some sunshine around in places like london and norwich. as far as the weekend is concerned, out of the two, saturday is the weather today and then comes sunday. it will be a little bit dry. now on bbc news, we are in cardiff 01’ now on bbc news, we are in cardiff or ask th

for more details on this front, i am joined by my colleague, business reporter mariko oi.nning a second fund? that's right, but after all the troubles with wework, softbank is struggling to raise money for the second fund. the first time around it raised nearly $100 billion, and aside from softbank itself, there were two big backers. saudi arabia invested $115 billion, and abu dhabi gave $15 billion. but now, saudi arabia says it may only invest whatever profit it may only invest whatever profit it gets from the first division fund, while abu dhabi says it may reduce the offer to less than $10 billion. and here is the issue. as of now, there are 70 companies on their portfolio. but as you can see here, 35% of the fund's holdings are in transportation logistics and real estate. so they include companies like uberand estate. so they include companies like uber and wework, and we all know how much financial trouble those two companies are in. the only sector which reported recent gains is the consumer sector, but they only account for about 15% of its portfolio. but i also th

let us start with me, mariko oi.start with the us— china trade war because president donald trump has been speaking at an event hosted by the economic club of new york. he talked about his perceived economy accomplishments to a relatively receptive audience including gains on financial markets and trade policy with china. take a listen to what some audience members had to say. mr president, podium is yours, sir. he actually covered a lot more thanl sir. he actually covered a lot more than i thought. i thought it would be 20 minutes but it was an hour. will most of you people wouldn't know these numbers because most of you are not very active in the market. but since my election, the s&p 500 is up over 45%, the dow jones is up over 50% and the nasdaq is up 60%. slightly more. jones is up over 50% and the nasdaq is up 6096. slightly more. applause full stop i thought it was very inspirational, positive and up eight. finally america stands for america. the theft of american jobs is over, they understand that. my adminis

mariko oi, for now, thank you.rief you on some other business stories: the value of wework‘s debt has slumped to a new record low after the office sharing firm announced plans to cut 2,400 jobs. according to data reported by bloomberg, the firm's bonds have been trading for less than 70 cents in the dollar. wework‘s plans for a huge stock exchange listing collapsed in september amid growing questions over its finances and governance. it was valued at some $47 billion at the beginning of this year. lingerie brand victoria's secret has cancelled its annual fashion show amid dwindling television ratings and rising criticism of the event. the show launched in 1995 and was once a major pop culture event, drawing millions of viewers each year. last year it had its lowest ratings ever and drew criticism that it was sexist, outdated and lacked diversity. the brands parent company l brands said it was important to evolve its marketing strategy. tesla has unveiled its new vehicle at an event in los angeles. the cybertruck pi

thank you for that update mariko oi.f a chinese plot to plant a spy in his country's parliament are deeply disturbing. the claims, first aired by a local tv network, involve a chinese—australian man being approached to run as an mp. the chinese government has denied the allegations, but here's prime minister scott morrison's reaction. i find the allegations deeply disturbing and troubling. and i refer you to the director—general‘s statement which said that these matters were already under investigation and those investigations are continuing. i would caution anyone leaping to any conclusions about these matters, that is why we have agencies. i'm not, but i do find the allegations troubling and disturbing. alexjoske is an analyst with the think tank the australia strategic policy institute, focusing on chinese communist party influence outside china. he said the australian intelligence community is taking the accusations very seriously. i think they are quite credible and we should be taking seriously the director of aust

our business reporter mariko 0i has more. this is well ahead of schedule. was to launch this early next year but it seems like beijing has brought it forward, maybe because china wants to send a message to washington that despite the trade war, despite the economic slowdown, it will not allow the country's technological development to be delayed, especially that of tech giant huawei. it will create the world's biggest commercial five "sg the world's biggest commercial five ——sg network. south korea, australia and parts of the us have started 56 pilots but the chinese government made international authority. china mobile, china unicomm and china telecom. 128 yuan per month for current 56 plans, which is 18 us dollars. not too expensive. not many people own 56 mobile phones but companies like xiaomei and huawei are offering. what is the big deal? analysts say if ag are offering. what is the big deal? analysts say if 4g was like escape order, 5g is like a rocket ship. apple's tv+ streaming service launches today and it's available for a monthly subscription fe

mariko 0i has more on the story. just how significant is this? it's very significant is this?air to say that most of our viewers think of them do mark as that search engine that lost to rivals like google, injapan, it's huge with 15 million subscribers. it is still the country's leading search engine —— 50 million. it also does news segments as well as having the country's biggest auction site. line is the country's because messaging service with over 80 million subscribers. combined, even though there would be some overlap, they have a user base of over 100 million people. in many areas like news and mobile payments, they were competitors. so why did they decide to merge? let's hearfrom the bosses of yahoo japan and line which had a conference last night. translation: instilled today, we have been a rival to compete and motivate each other —— until today. the boat from november 18, we made a big decision to go hand—in—hand and you aim for the higher level. translation: although the us and china have become the dominant players in internet market, i thought making japan anothe

good morning and welcome to asia business report, live from singapore with me, mariko oi.tart with the alleged onecoin scam, because a us lawyer has been found guilty of money laundering and freud for his role in the cryptocurrency con. mark scott was accused of helping the founder of the digital currency to use offshore banks as well as shell companies to hide $400 million of investor's money does investors‘ money. investor‘s money does investors‘ money. investors worldwide were led to believe 0necoin was a legitimate digital currency being run out of bulgaria. prosecutors in new york said it was actually a ponzi scheme that attracted billions of dollars from investors around the world, but has no real financial value. from investors around the world, but has no realfinancial value. its founder has not been seen or heard from since 2017. jurors in a new york federal court only took a few hours to decide that mark scott was guilty of helping the founder final $400 million away from investors and into her private accounts, and that of her associates. in his defence, mr scot

more now on the story from a reporter mariko oi, who joins me in the studio. what is going on? argument is that its businesses have really been affected because of brexit delays, because they stopped exporting beef and lamb ahead of those three possible deadlines, remember, those three dates in march, april and then in october. the reason they did that is that the european union curbs imports by only allowing a limited amount of agricultural products from other countries to enter the european union, with reduced or even zero tariffs. anything above that, it gets too expensive but it is not even worth it. at the moment, the quotas are for the whole of the eu, including the uk, and of course after brexit, they have to decide how to divide those up. i had of those deadlines, australian businesses were just unsure how much they were allowed to export, so that is why they stopped. —— ahead of those deadlines. so even though brexit didn't happen, but later stated in october affected exports ahead of christmas, and of course we all know how valuable that is. that is why australia is n

i'm mariko oi in singapore, the headlines: israel's prime minister is indicted for bribery, fraud andthe prime minister on false allegations in an investigation process that was biased and contaminated. firefighters battle hundreds of blazes across australia and warn it's too late for some to evacuate. i'm ben bland in london. also in the programme: at the trump impeachment inquiry, a former security official says the president promoted a false narrative. and from war orphan to star ballerina —

i'm mariko 0i in singapore. for bribery, fraud and breach of trust — he responds angrily. this evening we witnessed an attempt to carry out a coup d'etat against the prime minister on false allegations in an investigation process that was biased and contaminated. firefighters battle hundreds of blazes across australia and warn it's too late for some to evacuate. i'm ben bland in london. also in the programme: at the trump impeachment inquiry, a former security official says the president promoted a false narrative.

i'm mariko 0i in singapore.stern australia as ferocious bushfires reach sydney's suburbs. i'm maryam moshiri in london. also in the programme: australia's highest court agrees to give cardinal george pell

i'm mariko 0i in singapore, the headlines: in hong kong, police warn that the rule of law is ‘on theey can get across much of eastern australia as ferocious bushfires reach sydney's suburbs. i'm maryam moshiri in london. also in the programme: australia's highest court agrees to give cardinal george pell a final chance to challenge his child sexual abuse conviction. and this is one of the most polluted rivers in the philippines — we meet the 13—year—old boy who scavenges for plastic