monica miller has been following this story and joins me from the newsroom. ion seem to be on the rise again? the us as it will continue to pressure iran, justa as it will continue to pressure iran, just a few hours ago, president donald trump set a stern warning to tay run as he headed up his holiday weekend and went back to washington, dc —— at a run. —— tehran. sunday was the deadline for the five remaining signatories of the five remaining signatories of the 2015 deal to decide if they were in or out. tehran is basing their economy right now, they are looking at the sanctions and were relying on those members to stay onboard. that time has come and gone. iran is saying they are going to continue with their enriched uranium programme. this kind of fuel can be used for nuclear power plant or it be used for nuclear weapons. tehran all along has said they will not be using the fuel for this purpose. so where do you go from here? european leaders are now discussing exactly what those next steps will look like and us secretary of state mike pao says this move wi

mark miller —— monica miller, bbc news, singapore.ies this hour. criticism of facebook‘s plans for their new cryptocurrency, libra. facebook executive david marcus defended the project. let's have a quick look now at the asia pacific markets now and how they are faring in early trade. currently all in negative territory with the nick shady lower, as with the lord's —— take a look at the nikkei. ,as the lord's —— take a look at the nikkei. , as are the lord's. —— all ords. this is bbc news. the top stories this hour: in washington, the house of representatives has voted to condemn president trump's racist tweets. four republicans backed the motion — with feelings running high. at least 180 people have died in torrential monsoon rains across south asia. millions more have been left homeless. 50 years ago today, apollo 11 blasted off from the kennedy space centre in florida. then, new generations of scientists have been pushing base exploration forward. among them, a group in surrey who have done more than 50 space missions in the last t

monica miller is in singapore.oods coming out of china but reading between the lines... you kind of had to on this one, we have heard from many analysts who say there are no winners in a trade war, however vietnam seems to be the place to be as companies are looking to move their operations out of china. right now nintendo outsources almost all of its switch console production to contract manufacturers in china, however, a spokesman spoke to reuters earlier today and said it is planning on shifting some of its production to vietnam this summer. they may say it has to do with the trade war but it is looking to diversify its risk when all of this is going on at this is why they are trying to protect themselves from tariff hikes by washington on products imported to the us from china. nintendo isn‘t the only one thatis china. nintendo isn‘t the only one that is looking to do this. apple last month mentioned it was also looking to do something of the same sort. monica, thank you, good stuff, keeping across that story f

our business reporter monica miller is in our studio. what's going on, monica? have had a frosty relationship for decades but things got heated up again back in november. that is when south korea's supreme court ordered japanese companies to pay for labour compensation during the second world war. it was for as much as $130,000 each. japan was not impressed with this move and they say that all of this move and they say that all of this had been dealt with during a 1965 treaty. earlier this week, tensions escalated again after tokyo announced that export restrictions on vital minerals for south korea's semiconductor industry, that is including a substance that is used for manufacturing display screens as well as cleaning up ships. japan is the world's biggest producer of such materials and starting today, karpany ‘s materials and starting today, karpa ny ‘s manufacturers will materials and starting today, karpany ‘s manufacturers will now need to file individual applications for south korea bound exports. under the new controls, japanese authorities can take as l

for more on this development i am joined by my colleague, monica miller. over oil? opec has decided to roll over oil? opec has decided to roll over the supplies until the end of march 2020. this deal was ironed out before the meeting took place between saudi arabia and russia, a non—opec member, in osaka at the g20 over the weekend. we did not sit well with other members. saudi arabia's energy and says everyone on board. a commitment to a nine-month extension is unequivocal, very solid, very strong. not only are we committing to rollover, i have heard individual commitments to conformity to countries both at the conferences. opec should add more oil to the supply, however the reason for this is when oil prices go up, reason for this is when oil prices go up, so those gasoline and this is a crucial issue as donald trump heads to the re— election season. a crucial issue as donald trump heads to the re- election season. we expect a reaction from president trump sooner rather than later. thank you so much. all right... well, ever since his independence day spe

we go to our newsroom and joined by monica miller. a crucial meeting in vienna?ia, a non—0pec member, agreed to support a non—0pec member, agreed to support a policy that would put pressure on prices to go up as a global economy sta rts prices to go up as a global economy starts to slow down. many analysts are already saying they expect 0pec to roll over supplied to one point two million barrels per day however the future production is nokia. this is because of the ongoing trade war between the us and china. they may have sat down this week to the negotiating table but the relationship has been frosty for some time. brent crude prices have been held back because of it. also the fears of ongoing tariffs reducing demand for the commodity. 0n the other side, the us and iran have had major tensions and production from iran has gone to a trickle since the paris. and sanctions. we're looking at high prices also because the us shelf ranking has grown up and right now saudi arabia is now in second place below the us. for sure, the ongoing trade truce and the trump — kim

thanks to monica miller from the asia business hub. become a big story over western europe over the next few days. it has been on the next few days. it has been on the other side of the atlantic. people have been taking to the falcons of new york, with the heat and humidity making it feel like it is above the 100 mark. things are changing across the us. that humid air being pushed away by this weather front introducing fresh, nobody wins. still going to be on the hot side but you will lose the humidity. storms in tennessee, towards washington and boston could cause some flash flooding and it will still be humid but sunny conditions across the great lakes into pennsylvania and upstate new york by the end of tuesday, working its way into wednesday and thursday so new york, washington, boston, seeing the sunshine return, still pretty hot but nowhere near as humid as it has been. atlantic humidity bows towards the end of the week. closer to home in europe, this is where we have seen severe wildfires burning across parts of portugal. they h

monica miller is in our asia hub for us in singapore. it sounds like a very good start, doesn't it?y does, the so—called star market is stealing the spotlight today, other indices in the red, a stellar debut in shanghai, 25 chinese tech and science companies began trading and all have seen increases in stocks of more than 100%. however there is one company in particular that has seen stocks boost 520% and that is the solar sun modular maker and its extraordinary when you think about that. this marks a significant step in the country 's to bid open up the economy and markets, investors taking full advantage over the next five days of a limit on the share price movements just to get five days of a limit on the share price movementsjust to get people up price movementsjust to get people up and running get people interested in this. this started back in november when the chinese president opened up this market and the idea is to increase development in domestic tech companies. this comes at an interesting time for china as it is in the midst of a trade war with the united states and the