hi there and welcome to asia business report with me mariko oi. let's begin with the global chip war because semiconductor equipment maker asml has confirmed reports it had received licenses from the dutch government to export some of its advanced tools to customers in china until the end of the year. export controls are due to begin today, after the netherlands has followed pressure from the united states to curb with the sales of advanced computer chip technology. this means the current licenses in place are good until the end of 2023. it's widely expected that in 2024, these licenses will not be renewed and so what that means is asml which has a 90% market share in this space, is not going to be able to sell these machine next year in china. talk us through the purpose of these curbs. there were earlier ones by the united states and also japan — are they all aimed at china? they are. they were initially aimed at the very high—end application of semiconductors used for military or supercomputer use but we have seen it getting broader and broader

reporting live from singapore, i'm mariko oi.ficant progress in the counter—offensive against russia's invasion. territorial disputes in the south china sea are high. a powerful typhoon is battering southern taiwan. it's the biggest storm to strike the island for four years. after a deadly summer of wildfires around the world, scientists say climate change is making them more intense and widespread. live from our studio in singapore, this is bbc news — it's newsday. thank you for being with us. we begin in ukraine where the country's generals are reporting significant progress in the counter—offensive against russia's invasion. they say their troops have breached the first line of russian defences in the south, near zaporizhzhia. general oleksandr tarnavskiy, told the observer newspaper that extensive minefields had blocked troops for several weeks, leaving them vulnerable to russian shelling and drone attacks. but the general has said that painstaking mine clearance has now allowed his forces to advance and they expect to face f

welcome to asia business report, with me mariko oi. let's begin this morning in china.o extend their deadline to key bond repayment, which means the company has narrowly avoided a potential default, at least for now. the debt crisis of the property sector is weighing heavily on the chinese economy, struggling to recover from the pandemic restrictions. tommy wu is a senior china economist and says country garden's problems are far from over. for now it seems country garden can extend one of the key that but then more debt payment will be required and will be due very soon so perhaps we are far from being out of the woods yet. so any potential default in the coming near—term would have pretty serious consequence in terms

i'm mariko oi. the headlines...s in the counter—offensive against russia's invasion. a powerful typhoon is battering southern taiwan. it's the biggest storm to strike the island for four years. after a deadly summer of wildfires around the world, scientists say climate change is making them more intense and widespread. and almost a year on from the death of queen elizabeth, we look at how best to commemorate britain's longest reigning monarch. live from our studio in singapore, this is a bbc news. it is newsday. thank you for being with us. we begin in ukraine, where the country's generals are reporting significant progress in the counter—offensive against russia's invasion. they say their troops have breached the first line of russian defences in the south, near zaporizhzhia. general oleksandr tarnavsky told the observer newspaper that extensive minefields had blocked troops for several weeks, leaving them vulnerable to russian shelling and drone attacks. but the general has said that painstaking mine clearance has

welcome to asia business report, with me mariko oi. let's begin this morning in china.eadline to key bond repayment, which means the company has narrowly avoided a potential default, at least for now. the debt crisis of the property sector is weighing heavily on the chinese economy, struggling to recover from the pandemic restrictions. tommy wu is a senior china economist and says country garden's problems are far from over. for now it seems country garden can extend one of the key debt but then more debt payment will be required and will be due very soon so perhaps we are far from being out of the woods yet. so any potential default in the coming near—term would have pretty serious consequence in terms of the pricing of country garden debt but notjust

hi there and welcome to asia business report with me mariko oi.ad received licenses from the dutch government to export some of its advanced tools to customers in china until the end of the year. export controls are due to begin today, after the netherlands has followed pressure from the united states to curb with the sales of advanced computer chip technology. this means the current licenses in place are good until the end of 2023. it's widely expected that in 2024, these licenses will not be renewed and so what that means is asml which has a 90% market share in this space is not going to be able to sell these machine next year in china.

hi there and welcome to asia business report with me mariko oi.had received licenses from the dutch government to export some of its advanced tools to customers in china until the end of the year. export controls are due to begin today, after the netherlands has followed pressure from the united states to curb with the sales of advanced computer chip technology. this means the current licenses in place are good until the end of 2023. it's widely expected that in 2024, these licenses will not be renewed and so what that means is asml which has a 90% market share in this space, is not going to be able to sell these machine next year in china.