i'm mariko oi. to our top story this morning — the australian mining giant, bhp, has scrapped its $49 billion offer to buy its british rival, its british rival anglo american. its decision came after anglo american rejected a request to extend a deal—making deadline. bhp had been particularly attracted to the uk mining giant's copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching an agreement on job security for more than 40,000 south african miners employed by anglo american. in a statement, bhp ceo mike henry said their proposal was the most effective structure to deliver value for anglo american shareholders. anglo had rejected bhp's previous offers, saying they undervalued the company and its prospects. speaking of deals, it's been a big week for consolidation in the energy sector. the latest development? conocophillips�*s acquisition of marathon 0il in a $22.5 billion deal. e

i'm mariko oi. to our top story this morning — the australian mining giant bhp has scrapped its $49 billion offer to buy its british rival, anglo american. its decision came after anglo american rejected a request to extend a deal—making deadline. bhp had been particularly attracted to the uk mining giant's copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching an agreement on job security for more than 40,000 south african miners employed by anglo american. in a statement, bhp ceo mike henry said... anglo had rejected bhp's previous offers, saying they undervalued the company and its prospects. speaking of deals, it's been a big week for consolidation in the energy sector. the latest development? conocophillips�*s acquisition of marathon oil in a $22.5 billion deal. erin delmore has all the details and more on this rising trend. think about the early days of the pandemic. people a

0ur asia business reporter mariko 0i explains.atanabe, as some economists like to call it — watanabe being a very common family name injapan. basically, it is about private consumption which accounts for more than half of the economy, and that fell by 0.7% in the first three months of this year, which is much worse than expected. but if i honest i'm not surprised at all because 95% of the messages i received from my own mother who lives in tokyo is about how things are getting so much more expensive. inflation injapan is nothing compared to the rest of the world but of course japan had decades of no inflation or even deflation where prices fall, and authorities have been desperate for prices to rise, but ordinary consumers just not are used to it and while wages have risen a bit after decades of no pay rise, wages adjusted for inflation, that has been falling for some two years. and of course the weakness of the japanese yen does not help because it makes imported products like oil more expensive, and that is why people have been

our asia business reporter mariko oi explains.f a common family name in japan, it is about private consumption which accounts for more than half of the economy, and that fell by 0.7% in the first three months of this year, much worse than expected, but if i honest i'm not surprised because 95% of the messages i received from my own mother who lives in tokyo is about how things are getting so much more expensive. inflation injapan is nothing compared to the rest of the world but of course japan had decades new inflation or even deflation with prices fallen, and authorities are desperate for prices to rise, but ordinary consumers just not are used to it and while wages have risen a bit after decades of new pay rises, wages have been falling for some two years, and of course the weakness of the japanese yen does not help because it makes imported products like oil more expensive, and that is why people have been tightening their purse strings. there are a lot of talks on the growing wealth gap because as we have been talking about th

oleksandr, congratulations, congratulations silya mariko. good afternoon, mr. oleksandr, how did you remember this week, what did the occupiers remember this week on the temporarily occupied peninsula, what operational news do we already have? well, in principle, of course, this destruction of a fourth-rank ship, a speed ship, which took place this week, is quite a successful destruction of another combat unit. which reminds the russians that there is no peaceful place for them there, i.e. it is a dangerous place for them, and besides everything else, it should be noted that the russians, they have recently been trying to pay more attention to strengthening the defense of the kerch bridge, for creation of such conditions for its protection, both by air and sea boundaries. but they do not succeed, and therefore every time we see either the effective action of our naval drones, or the air component and the complete inaction and ineffectiveness of their air defense. this is exactly what we can pay attention to, i think, in the following weeks we will see the appro

i�*m mariko 0i.cularly attracted to the uk mining giant�*s copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching an agreement on job security for more than 40,000 south african miners employed by anglo american.

joining me now from our asia business hub is our resident �*yen geek�*, mariko oi.r you. so, did the authorities intervene? are men, can ijust say, i am feeling the love. i did not have to ask, your producer asked me to talk about the ns0 i'm feeling very happy. again intervention is not something that would admit the lust sommer intervened it took them almost six months to confirm it. many traders think that they did and that is because they did and that is because the japanese yen strength and shoving to about 153 from 157 that it shoving to about 153 from 157 thatitis shoving to about 153 from 157 that it is now weakening once again. several days ago, across again. several days ago, across a 150 monks since 1997 maybe thatis a 150 monks since 1997 maybe that is a line in the sand. —— mark. the reason it has been weakening against the us dollar is a big difference in the cost of borrowing between the us and japan. ourviewers of borrowing between the us and japan. our viewers might remember that japan japan. our viewers might remember thatjapan and that it negative

mariko 0i in singapore is looking at the numbers for us. talk us through the challenges?o the purchasing power of mr and mrs walter nabi as some economists would like to call them, that being a very common family name injapan, it is about private consumption accounting for half of the economy and that felt like zero .7% in the first months of this year much worse than accepted, if i'm honest i'm not surprised because of that 95% of the messages i received from my mother who lives in tokyo is about how things are getting so much more expensive. inflation injapan expensive. inflation in japan is expensive. inflation injapan is nothing compared to the rest of the world but japan had decades of no inflation or even deflation when the prices fell, and authorities have been desperate to have prices rise copy ordinary consumers just are not used to it by wages have risen bit after decades of no pay rise, wages are adjusted to inflation that has been falling for two years and the weakness of the japanese yen does not help because it makes imported products like oil more expensive

i'm mariko 0i.d a deal—making deadline. bhp had been particularly attracted to the uk mining giant's copper assets — which, thanks to its mines in south america — would have given a combined company control of roughly 10% of global supply. another sticking point was reaching an agreement on job security for more than 40,000 south african miners employed by anglo american. in a statement, bhp ceo mike henry said their proposal was the most effective structure to deliver