well to explain what that is, our asian business reporter mariko oi joins us now.rted yield curve gets people very excited or otherwise. just put us very excited or otherwise. just put us in the picture. how many viewers do you think we just lost saying, that sounds very technical? it is technical, but it is important, because it has correctly predicted almost all the us recessions that have ever occurred in the 20th and zist have ever occurred in the 20th and 21st centuries. it is a very reliable indicator. it is the difference in the yields between a ten year treasury bond and a two—year treasury bond. usually you get compensated more the longer you wait to get your money back. so the ten year bond should be more than that of the two—year bond, but that is reversed, meaning investors are willing to be paid less to wait longer, because they have less confidence in the us economy. the last time it happened was before the globalfinancial last time it happened was before the global financial crisis, and that is why we are seeing these drops on the market. so, investo

mariko oi, bbc news, tokyo. let us have a quick look at the markets.gic in mid—morning trade. as many investors here in the region digests the brexit chaos overnight and as us stocks swung to a steep finish. thank you so much for investing your time with us. i'm rico hizon. goodbye for now. this is bbc news, the top stories this hour. cardinal george pell has been sentenced to a total of six years in prison for the sexual abuse of two choir boys in australia. british mps have, for a second time, overwhelmingly rejected the brexit deal negotiated with the eu. it's despite theresa may securing last—minute changes on the issue of the irish border. bradford city football club is bringing communities together. they're encouraging those from ethnic minorities — many of whom live near its ground — to come to the game. it's why a group of women from the british—bangadeshi community have become regulars at many of the matches. they're part of the bangla bantams supporter group. we have got as many women together as possible. and just basically get them to enjoy

joining me now is our correspondent mariko oi in christchurch. difficult day ahead for the families as they prepare to bury their loved ones. that's right, ben. the first funerals i finally got under way today so it was a particularly special day for those victims, —— victims‘ families. the prime minister acknowledged again during the press conference the frustrations they may have felt about getting their loved ones bodies back. the islamic tradition dictates the bodies be buried within 24 dictates the bodies be buried within 2a hours but because of the identification process and the criminal case against the alleged suspect, but needs to be built, there was an obvious delay. the police commissioner even apologised for it but he emphasised the importance of this whole process. as he mentioned the majority of bodies have been released to the families and more funerals are going to take place here. mariko, every day i speak to you and your colleagues christchurch it seems the number of people around you and behind you coming to pay tribute seems t

my colleague mariko oi is there for us. we were hoping to speak to mariko. she has been covering this story for us she has been covering this story for us that we will speak to her little bit later on, two minutes silence has taken place and jacinda ardern is due to speak a little bit later on. of course, 50 people were killed in the horrific shootings that took place at two mosques in christchurch, and jacinda ardern was very much praised after the country was shocked by these brutal attacks in her reaction to it, bringing the country together and welcoming in people of all faiths and denominations. so prayers are taking place. these are events taking place right now in christchurch, these are live images. a little bit earlier on, we had two minutes silence take place and jacinda ardern, as i say, is due to speak. we are expecting her to speak and of course, the moment that she does that, we will bring that to you live. but of course, as i was saying, she was very much praised after the way that she handled this horrific attack, but no need of any country w

live now to singapore and our business reporter mariko oi. our business reporter mariko oi has been following the story that's right, and that's why the decision came as a surprise when it was laid down yesterday. we wondered if he would be released last night after the appeal by prosecutors but a p pa re ntly after the appeal by prosecutors but apparently couldn't post bail of $9 million, as you mentioned, and according to his lawyer, it is not like you can find $9 million in your pocket, can you. it's a bit of it in a suitcase, he said. the prosecution's appeal, it is possible he could be walking out of a detention centre later today. the conditions are very tough. he is going to be under surveillance all the time. he has to visit his lawyers that he was to use a computer, otherwise all the communications on his mobile phone as will assist laptop will be restricted but apparently he is allowed to go shopping, as long as he doesn't meet with anyone related to the case we can even travel within japan as long to the case we can even travel wit

thank you so much for that update, my colleague mariko oi. eye on that. coming up on the programme — australia sends more help to the solomon islands as large amounts of oil continue to spill from a damaged tanker. first, the plates slid gently off the restaurant tables. then suddenly, the tables, the chairs and people crashed sideways and downwards, and it was just a matter of seconds as the ferry lurched onto her side. the hydrogen bomb. on a remote pacific atoll, the americans had successfully tested a weapon whose explosive force dwarfed that of the bomb dropped on hiroshima. i had heard the news earlier, and so my heart went bang, bang, bang! the constitutional rights of these marchers are their rights as citizens of the united states, and they should be protected even in the right to test them out, so that they don't get their heads broken and are sent to hospital. this religious controversy — i know you don't want to say too much about it — but does it worry you that it's going to boil up when you get to the states? well, it worries me

as you know, mariko oi has better crosses.rlos ghosn watch, and he is behind bars as far as you know? that's right, but as you mentioned, is just paid $9 million which you couldn't post yesterday. there were reports in japanese media that year to pay this in cash and his lawyer was quoted as saying, you can't just in cash and his lawyer was quoted as saying, you can'tjust find $9 million in your pocket, you can't even pick it in a suitcase but he and his legal team have managed to pay that bail money so he can be walking out the detention centre any time now. the decision did come as quite a surprise yesterday when it was announced. his bail conditions are very strict, monitored all the time, has to go to his lawyer's office if he wants to access computers otherwise his mobile phone and laptop usage will be monitored. he can actually go out shopping as long as he doesn't meet with people related to the case. he can even go ona related to the case. he can even go on a one night trip as long as it is in thejapan of on a one nigh

for the latest i am joined by my colleague mariko oi. we are looking at the revolving doors.ll happen if he will be released soon? that's right. there are many journalist. the decision came as a surprise yesterday. we thought he might be able to walk out ofjail tonight. apparently he wasn't able tonight. apparently he wasn't able to post bail, which is1 billion yen, roughly $9 million us, the sixth highest in japan yen, roughly $9 million us, the sixth highest injapan ever, for the court to reject prosecutor's appeal last night, so if you post bail today he can walk out ofjail later this morning. mr ghosn released a statement saying he is innocent and he will fight to clear his name. let's remind you, though, how we got here, because it's been over 100 days, if you remember, since his arrest. he was accused of underreporting his salary between 2010 and 2015. that evening the nissan boss held a very angry press conference saying too much power was concentrated on one person. both nissan and partner mitsubishi motors removed mr ghosn as chairman immediately. then, on ten decemb

morning and welcome to this friday edition of asia business report, live from singapore, with me, mariko oiesla says it will start selling its model three for $35,000 in the united states. it is a promise the company made more than two years ago. it was always hoped this model could be the first electric car for the masses, but to make the numbers work, tesla is shifting to an online only sales model and closing down retail stores in a bid to balance the books. i asked a north american technology reporter dave lee whether this will be enough to make the car affordable. yes, i think that's right, on the good news side they managed to get that $35,000 sweet spot for the electric car, which i still don't think seems particularly cheaper most of us, but many a nalysts cheaper most of us, but many analysts think that might be a good pricing point to bring on a whole new sector of society, frankly, they can now afford a higher end luxury electric car, a tesla at that price. it has taken a bit of time, two yea rs, it has taken a bit of time, two years, as you say, just to get to that point. in ord

mariko oi is in chrsitchurch for us.d me is the al noor mosque where 42 people lost their lives last friday, eight others were gunned down shortly after. you notice i am wearing a headscarf, to show respect to those praying around us. show respect to those praying around us. thousands of people attended friday prayers which was the exact event the attacker targeted last friday. the event started with a call to prayer being broadcast nationally around new zealand followed by a two minute's silence. let's ta ke followed by a two minute's silence. let's take a listen. islamic adhan (call to prayer). we have been struck by the outpouring of love and support shown to the muslim community. what you have done has brought call closer together. in the coming weeks more people will turn up in the mosques, a place you hate so much. they will turn up by their faith and strength. in the coming weeks, muslims will turn up at the gates of mosques with fresh flowers and beautifully written notes. they may not have known where the mosque

mariko oi is there for us. they have been many tributes to honour the victims there?ght and we are outside the mosque where 42 people lost their lives. eight others were gunned down in linwood mosque. iam eight others were gunned down in linwood mosque. i am wearing a headscarf to show respect to those who will start their friday prayers very shortly. roads have been blocked. many armed police officers. we are expecting hundreds, possibly thousands of people attending the memorial service about to start in 20 minutes' time when the call to prayer will be broadcast nationally followed by a two minute's silence. anna fifield is an international foreign correspondent for the washington post. you have been covering this event all week but you are also from new zealand. how has it been to cover such tragedy chris make it felt very important for me asa make it felt very important for me as a new zealander who has been abroad for 20 years. it is such a shocking event. any terror attack is devastating but the fact that new zealand, at the bottom of the pacific ocean, isolated

joining me now from singapore is our reporter, mariko oi.ere hearing just yesterday from his new legal team. it would seem their strategy is going to get him out ofjail at seem their strategy is going to get him out of jail at least. seem their strategy is going to get him out ofjail at least. that is right, i have to say this decision comes quite as a surprise because in japan, bayliss rarely granted unless you confess the crimes that you are accused of, but as you say, he recently changed his legal team and this is the third time that carlos ghosn in his legal team had requested bail. the two requests in january got rejected but this morning, we heard that his request has been granted. the bail is not cheap, it is set ati billion yen, which is roughly about 9 million us dollars, but as you mentioned, the local media has been reporting that he could be released later today, which means, he has been injail since mid—november, is actually spent over 100 days inside a tokyo jail but he could actually walk out of their later today. and what wit

the bbc‘s mariko oi is in christchurch for us. we were outside the al noor mosque earlier today.of people gathering for the event. the number was 20,000 people — 5000 muslim worshippers and 15,000 people coming from the community to pay their respects to the victim and to express their support for the muslim community. a call to prayer was broadcast nationally, followed by a two minute's silence and we saw the support of the community. we saw female armed police officers wearing headscarves as a sign of respect for those praying around her. the support of this local community, how new zealanders are trying to deal with this tragedy in a manner of love and compassion. there is obviously a time for reflection and also people paying their respect from around the country, from different communities. what now is of the government response following the change to the gun laws, what happens politically? the prime ministerjacinda adern announced changes to gun laws yesterday, only on the sixth day since the worst mass shooting in the country. that one a lot of praises internationally, of

the bbc‘s mariko oi is there. that's right, mike.sque, where 42 people lost their lives last friday. eight others were gunned down shortly after. you've probably noticed that i am wearing a headscarf — this is to show respect to those who are praying around us. thousands of people attended friday prayers, which was the exact event that the attacker targeted last friday. the event started with a call to prayer being broadcast nationally around new zealand, followed by a two minute's silence. let's take a listen. islamic adhan (call to prayer) and we have really been struck, mike, all week by the outpouring of love and support for the muslim community. we met with 17—year—old ali haidari, who moved to new zealand with his parents in 2013, and he gave a speech to his fellow students. this is what he had to say. a message to the shooter — what you have done has brought us closer together. in the coming weeks, more people will turn up in the mosques, a place you hate so much, for the faith, by the strength in theirfaith, and inspired by t

thank you, mariko oi, from christchurch. prime ministerjacinda ardern promised to toughen gun laws. since then her government has agreed to measures in principle, but exactly what is changing isn't yet known. this isn't the first time the country has debated gun reforms. back in 2016, the country's police association sent a warning that gun controls were inadequate. earlier, i spoke to kevin clements, a professor at the centre for peace and conflict studies at 0tago university. i started by asking him if he supported a ban on semi—automatic weapons in new zealand. absolutely time and in fact the proposal, the initial proposal of this was in 1995 with the judge thorpe report on gun control. he recommended the complete ban of military style semiautomatic weapons and pistols. that was never picked up and pistols. that was never picked up by and pistols. that was never picked up by the government at that stage. it has been proposed in other reviews of gun control and the government has avoided it. but i think this time around, t

mariko oi is in singapore. she has been across this for us. relentlessly watching these pictures for the last 2a hours. it took him awhile to come up with that $9 billion, didn't it? that is right and i have to admit i missed him. iwas that is right and i have to admit i missed him. i was staring at that revolving door for hours but because he came up with that blue cap and wearing glasses and a mask i was not sure it was him. but he has now been released after posting bail of $9 million, 1 billion japanese released after posting bail of $9 million, 1 billionjapanese yen, the sixth highest they'll ever in japan's history. it has apparently been paid in cash, but his legal tea m been paid in cash, but his legal team had to get it transferred. after posting the bail he has been released after spending over 100 daysin released after spending over 100 days in that detention centre since he was arrested on the 19th of november. the decision to release him came as a surprise yesterday because in japan bail him came as a surprise yesterday because in

in the japanese justice system, as our business reporter mariko oi told me just now, it is unusual foreone to be released without making a confession. we were wondering whether he would be released last night, they rejected the appeal from prosecutors. apparently he could have posted bail of $9 million as you mentioned. according to his lawyer, it is not like he can find $9 million in your pocket. it will not fit in a suitcase, he said. the course has rejected the appeal, it is possible that he could be walking out of that detention centre later today. the conditions are very tough. he is going to be under surveillance all the time. he has to visit his lawyers if he was to use a computer. otherwise, all the communications on his mobile phone as will his laptop will be restricted. but apparently he is allowed to go shopping, as long as he doesn't meet with anyone related to the case we can even travel withinjapan as long as it's not for more than three days, according to his lawyer. mr ghosn is reportedly not too happy. this is the third time his legal tea m this is the third time his l