but what will the impact be on the brand, especially when you take into account the problems samsung electronicsalaxy note 7, late last year with the exploding batteries. it's hard to tell at this point how this will affect the samsung brand. as you said, this is a daunting development that comes after samsung announced a few months ago that it would be recalling 3 million of its galaxy note 7 smart phones. having said this, though, this isn't the first time that samsung is going through such a corruption scandal. in 2008 his father was convicted of embezzlement and tax evasion. at the time, although he wasn't detained, this has caused quite a shock wave in south korea and we saw samsung's brand whether through that. times have changed since then and public sentiment has grown stronger against these family run conglomerates. also at the same time, samsung is airing its dirty laundry with more global attention and we will have to see how this plays out in different markets. hong kong's government is moving towards disqualifying for pro—democracy lawmakers from their positions in parliament. the g

in other business news, south korea's samsung electronics told shareholders this morning it is unlikelying company structure right now. the shareholder meeting comes as the chief sits injail on bribery charges. samsung electronics has been under pressure to simplify its ownership structure, which would have helped solidify the family's control over the company. american car manufacturer ford has signalled lower earnings for the first quarter due to higher spending and a drop in sales, including in china. ford is also losing market share in the us as lower fuel prices have led to customers choosing to buy trucks or suv ‘s, which have become more fuel efficient. we are wrapping up the first quarter of the year, and it has been a rather volatile three months. 0n has been a rather volatile three months. on wall street, the presidential election rally fizzled out recently on worries about president trump's economic policies. in the energy markets, oil prices have been sliding due to supply glut, and that has been lowering the value of oil related firms. and investors are also waiting on more

samsung electronics was higher after it announced the launch of a new galaxy smart phone.ustralia's s&p/asx200 index rose. energy and material related shares were among the winners as futureres and material prices climbed. >>> in south korea, samsung electronics has rolled out a new smart phone. the company is hoping to gaiain lost ground over batteries that overheated and caught fire. samsung unveiled its galaxy s8 at an event in new york. >> it has been a challllenging year for samsung. valuable lessons, hard decisions and important new beginnings. >> samsung's battery problems helped apple overtake it in the final quarter of last year works as a touch screen. the model has fingerprint and iris scanners as well as facial recognition that enables users to unlock their phones by looking at them. >>> supermarket operators in japan face big challenges, including steep price competition from other retailers and consumers are keeping a tight hold on their purse strings. many stores are looking for high-tech solutions to keep afloat. nhk world has more. >> reporter: no waiting.

the heir to the giant samsung electronics firm is charged with bribery and embezzlement, putting theuture of south korea's biggest company into question. the corruption scandal has already led to the impeachment of the country's president, park geun—hye. and this video is trending on bbc.com it shows the amazing burgeoning friendship between an owl and a husky puppy. how often do you see two animals getting on quite as well as this? long may it last. that's all from me now, stay with bbc world news. and the top story here in the uk: the former owner of british home stores, sir philip green, is to put £363 million into its pension fund. he's been accused of contributing to the collapse of the company by selling it for one pound to a former bankrupt. now on bbc news all the latest business news live from singapore. charged with bribery and in person, what is next for samsung's acura three bass we find out about berri speirs can deliver a crispy cream! hello and welcome. arrested, handcuffed and in jail, hello and welcome. arrested, handcuffed and injail, the heir to the south korean bi

samsung electronics looks to rebuild its reputation with its first new smart phone since the explodingndal. good morning. glad you could join us for this edition of asia business report. we start with toshiba and shares are down less than 1% toshiba and shares are down less than1% in toshiba and shares are down less than 1% in tokyo trade news overnight that it is us unit westinghouse filed for bankruptcy protection. investors are waiting as shareholder meeting due to start shortly. toshiba are now warns that the delos mao may widen to over $1 billion us because of the problems of westinghouse. it has twice delayed reporting earnings until april 11. and toshiba shares have lost over 60% since it first acknowledged that the problems in december. the japanese firm may now look to sell a majority stake in westinghouse. earlier i spoke to rupert in tokyo. i asked him how ha rd rupert in tokyo. i asked him how hard it will be for toshiba to get their finance hard it will be for toshiba to get theirfinance in hard it will be for toshiba to get their finance in order. it will be quite difficu

market, no, everything is fabulous there, it is an upward trend, looking at the revenue of samsung electronicser the last three years it is quite flat, doing about $175 billion. why is there a disconnect between the stock price, which has hit seven record highs over the past months, and revenues of samsung and the scandals there facing? visa on the fringes of the company —— these are. clearly these have consequences. there have been ramifications. at the top of the corporate of samsung there's the corporate of samsung there's the corporate strategy office, that used to co—ordinate and plan long—term product developments and research and development, that's been dissolved, that had a team of around 200 staff, very senior people which helped strategise, that unit has disappeared. the problems of samsung and the problems in south korea's corporate sector, will this have a lasting effect going forward?” think we're going to have to see how 2017 really pans out. at the end of this month we are going to see their flagship phone, later in the year perhaps they will try to reboot the note and whether

. >> the vice chairman of samsung electronics wanted support as head of the samsung group. in return they received bribes worth $25 million which were partly in the form of contributions to foundations lead by choi. they charged him with bribery last week. company representatives denied the charges. the team also linked them to illegal blacklisting of cultural figureres deemed critical o of government. the government cutoff subsidies to film directors actors and writers on the list. regular prosecutors will take over the investigation. park was impeached in decemembe and is suspended from office. the constitutional court will rule onn w whether to upholold impeachment. if park is removed from office she could face arrest and prosecution. local media say the court is expected to handout it's decision as early as this week. the president says she was never involved in corruption in her more than 20 years in politics. >>> chinese authorities say their country's defense budget for 2017 topped 1 trillion yuan or $151 billion for the first time. they announced the figure on monda

samsung electronics among the big gainers. >>> the rate hike by the u.s. federal reserve is only the third in a decade, but the central bank has forecast it will be one of three increases in 2017 alone. fed chair janet yellen spoke at the end of a two-day policy meeting. she said the key rate target will be increased to a range of 0.75% to 1%. >> we have confidence in the robustness of the economy and its resilience to shocks. it's performed well over the last several years. >> yellen noted that inflation has increased in recent quarters, approacaching the fed 2% longer run objective.e. >> today's d decision also reflects our view that waiting too long to scale back some accommodation could potentially require us to raise rates rapidly sometime down the road, which in turn could risk disrupting financial markets and pushing the economy into recession. >> it's the first increase since president trump took office in january. analysts have been trying to assess how much impact its economic policies may have on the fed.. >>> the president has been talking abou

her long-time friend choi soon-sil and vice chairman of samsung electronics. the facility is heavily protected with riot police. when park was brought here this morning, a group of supporters were already camped out waiting for her. but now only members of the media remain. police officers are here for possible contingencies as some of park's supporters are scheduled to hold a press conference this afternoon. >> can you run us through the arrest decision, chan ju? >> reporter: park is being investigated for 13 criminal allegations including bribery, extortion and abuse of power. a judge issued the arrest warrant over fears she would destroy evidence. in thursday's hearing, park had tried to plead the case that there was no risk she would do that, but the judge did not agree. park reportedly denied all charges at the hearing which lasted more than eight hours. she can be held here for 20 days, which means she could be here when the country's election campaign officially begins on april 17th. local media are reporting the prosecutors may indict her before then b

it's been another tense day for electronics giant samsung.stors at its annual general meeting. the company's leader, grandson of the founder and vice—chairman jay y lee, wasn't there. he's facing trial on charges of bribery and embezzlement — which he denies — in a corruption scandal that has seen president park geun—hye impeached. tim mcdonald is in singapore for us. it would have been interesting to be a fly on the wall at that agm? yes, there was a big restructure on the table and for the moment they seem to have put it aside. samsung group shares were down, the flagship samsung electronics lost the red .7% while other divisions lost considerably more than that. the restructure is not off the table entirely but seems it will not be a simple and straightforward process. it has been a difficult year for on a number of levels, there has of course been that scandal and on top of lets not forget the samsung galaxy note seven battery issue which of course was connected to recall because in some cases those batteries overheated and caught fire bu

samsung electronics shares climbed to an a all-time high. >>> the operators of the tokyo stock exchange have agreed t to strengthen ties with saudi arabia's stock market. japanese officials are keen for the world's largest oil company to list its shares in tokyo. japanese officials will offer technical advice how a company could list its stocks in multiple exchanges under the terms. >> we see this as the beginning of a long and prosperous relationship that without a doubt opens up new prospects. >> saudi aramco planned to go public next year, and its market cacapitalizationon is estimated around $2 trillion. executives are looking to offer its shares abroad in addition to the exchange in the saudi capital. they are said to be reviewing markets in europe and the u.s. as well as japan. officials in hong kong and singapore have also launched bids. >>> knockoffs of famous brands and other counterfeit products are a growing headache around the world and the middle east is no exception. nhk world's hideki nakayama looks at how authorities there are fighting back. >> reporter: saudi arabia, on

the heir to the giant samsung electronics firm is charged with bribery and embezzlement, putting the future of south korea's biggest company into question. the corruption scandal has already led to the impeachment of the country's president, park geun—hye. and this video is trending on bbc.com it shows the amazing burgeoning friendship between an owl and a husky puppy. how often do you see two animals getting on quite as well as this? that's all from me now, stay with bbc world news. now its time for hardtalk. welcome to hardtalk, i'm stephen sackur. the trump presidency promises to be a fascinating test of the resilience of the system of government crafted by america's founding fathers. the new president has already slammed the courts for overstepping their authority in blocking his so—called travel ban. a new executive order on the matter is imminent. my guest today is donald verrilli, us solicitor general under barack obama. does the constitution ensure that the white house is always subject to, not above, the law? donald verrilli, welcome to hardtalk. thank you, stephen, it's goo

lee is the vice-chairman of samsung electronics and samsung group.will see phones stopping made. the company says there will be co-ceos that do their best to run the company as best as possible and keep operations going as best they can, but it is these leaders we have seen dealing with issues with the company, the note 7 crisis last year, but it is more likely to affect bigger strategic decisions, things like an acquisition, management reshuffle. those are the areas where we might see as slowing down in decision making because a jay y. lee is caught up with the legal issues he is facing. the korean special prosecutor's office said that samsung was directly related to the scandal. samsung denies any wrongdoing in that. >> this isn't the kind of thing they teach people in business school how to deal with. at the group level, there has been an impact on the corporate strategy office. what does this mean? >> this strategy office was at the group level. this is something the samsung group announced yesterday. this department was linked to the corruption

we have seen a corruption scandal, particularly samsung electronics.ace a newrea, we've wave of concern in terms of what will happen to them internationally, what their places with china flexing their muscles. with that this nuclear threat and with this playing out with the new trump administration, it is all eyes on china and the u.s. and how they will grapple with the north korean threat moving forward. oliver: it is interesting that one piece of this puzzle that is coming undone is the stability and south korea. you talk about the ouster of the president. aat is a region that has been middle ground between two parts of the world. parn: this is south korea for the course. one of the things this article draws out is that even though we have seen the ousting of beingent park and samsung charged with this corruption scandal, this has happened decades before and south korea with the same family. something that happens quite frequently. what is different this time is democratic forces in south korea are looking at this as a launchpad to break off a corpor

it was the management of samsung electronics that is dealing with examples.ve a hand on running that company. positions like acquisitions and big management shuffles that will likely take a backseat. he would normally put his hand print on -- the foot might come off the pedal of his modernization drive. linked tos directly this influence peddling -- influence peddling schedule. since i'm denied any wrongdoing. haidi: at the group level, there has already been an impact we have seen. one very powerful department, which is corporate strategy. this has been around a long time. it was created by the founder of samsung group. it has been disbanded now. it was a high-level decision-making unit that oversees long-term planning. this office has been linked to the corruption investigation. the president and vice chairman of it for also indicted yesterday and they have resigned. now makehe units will its own business decisions led by the board of directors and ceo. havepeople like samsung come under fire. inhas been dismantled before 2008 after the father was charged w

you are also seeing samsung electronics, supporting the overall kospi as well because it has such hugeng on the index. $.10 lower ahead of its earnings results tomorrow. stocks doing quite well, the hang seng index up by .25% in the morning session, tracking it november 2015 highs. currencies are weaker across the board, the aussie dollar down .4%. the bloomberg spot dollar index flat after four sessions of losses, but coming back again, some of those currencies in the asian session. yields also being sold out today, so buying into the bond market. i want to show this chart if you blog on theiv bloomberg. it seems traders are panicking because even though we normally like to see the yuan appreciate, normally there is more stabilization, so mark cudmore from the mliv blog saying weekend continues to but nobody is noticing because the dollar continues to fall there. we have japan coming back online, weighing on the regional index, but still seeing positive momentum and some of those asrgy players, particularly crude oil rebounds from that 1.2% drop in the newark session. thank

we will be focusing on samsung electronics. it cut trading by assets. it did have 41 bytes.raders still a liking that stock. miners australia we have leading the charge come up over 1%. overnight we had reports china ordered cuts in steel and aluminum refiners. rising overluminum 8%. haidi: thank you so much. strongly hinting perhaps we could see rate increases sooner rather than later. bloomberg's editor here with the latest. we have a trifecta, a trio now? quadfecta when there are four? >> what julie and i are trying to say, higher profile ones are jumping on the bandwagon getting more and more people thinking they may be getting us to expect an increase in march. let's look at what the governor said. she said this in the very first paragraph of her speech a couple hours ago. >> we are closing in on full employment. inflation is moving gradually toward our target. foreign growth is on more solid footing. outlook are ashe close to balanced as they have been for some time. likely beit will appropriate soon to remove additional accommodation, continuing on a gradual path. >>

we did have caps on electronics -- we did have samsung electronics following the drop we saw in consumer and tourism stocks. today, korea's trade ministry is to hold a meeting to discuss issues with china as it steps up economic retaliation over the deployment of a u.s. missile defense system, so we are going to be keeping an eye on what is happening in that space. in japan, the nikkei 225 down about .3%, falling for a third day, and this morning, we had abe confirming that a threat from north korea has reached a new level. korea on the highest possible alert amid provocations from pyongyang. the nikkei reports this company bendable screen capacities of the stock up 2.3%. today. a board meeting what they are due to announce, potentially changes at the top. yesterday, reports that the president was to be exiting. the stock down about 2.4%. taking a look at what is going on in australia, miners dragging in sydney. gold stocks falling. prices -- bullion slumping. yvonne, there were some news for positive-- outlooks. cleaning services spotless group up 2.5%. one of the gainers today in sydne

in the meantime, we know he is the vice president of samsung electronics.it comes to the electronics chairman, he says they will do their best. it was really the management of the electronics. lee.r than jay y. it is likely to be more major strategic decisions like acquisitions, big management shuffles, changes to corporate structure. those are the kind of things that will likely take a backseat for now, at least for a while. the foot may come to the pedal when it comes to jay y. lee's modernization drive for the company. something was directly linked to the influence peddling scandal that led to the president being impeached. samsung has denied wrongdoing. >> how do you run corporate strategy at atomic this? this is also an issue for the company now, isn't it? >> samsung on the group level strategynded its office. this is a high loving decision-making unit that coordinates the businesses, overseas long-term planning and liaises with government offices. have been linked to the corruption investigation. the president and vice chairman were indicted yesterday

caroline: what is so fascinating, i'm looking at my bloomberg screen showing me samsung electronics sharesme highs. we are continuing to see the rally. are investors not reacting to the concern about corporate strategy? tim: yeah, it is amazing. think of all the things that have happened to samsung. apart from this, the battery crisis last year and even washing machine problems as well. samsung shareholders are shrugging it off. they don't seem to care much. maybe they don't see there is any real business risk to this ongoing problem. maybe they feel it has already been priced in and it is time to buy back into the stock. you are right. they are shrugging it off and moving on. caroline: have you been looking into reports that we may see a delay in the galaxy s8 and plus? is that something we should read or -- read in, or do they keep these businesses distinct? tim: i would be guessing if there was any delay, it would not have anything to do with the drama going on. it would be a product thing. despite the importance of the strategic offices, the divisions run autonomously in many ways. the

. >>> we're joined by the corporate vice president from samsung electronics europe and arjun is joining us as well. is this the most important launch ever that samsung is doing given it's coming after the galaxy note 7 fiasco? >> it's an important launch for us. it is an important milestone in the evolution of smartphones. we have completely reredesigned the phone to break with the barriers we had with the design of the phone so far. a bigger screen, infinity displa display. >> how much time did you invest on building this new phone making sure it was absolutely safe? was this launch delayed because you wanted to make sure everything is right? >> we did take the time we needed. developing a phone takes years. the project started months and months ago. but we did implement in this launch and in this product and all other products all the learnings we took from what happened with the note 7 to make sure that first of all this never happens again. but also all the technology that has been makeing success of the s7 and s6 to make the s8 the best ever. >> there are reports of a saturating sm

lee is the vice-chairman of samsung electronics and the de facto head of samsung group.will see phones stop being made. the company says there is to be co-ceos that do their best to make sure they run the company has best as possible and try to keep operations going as best they can. it is really these leaders that we have seen dealing with these issues with the company, dealing, for example, with the note 7 crisis last year. not so much jay y. lee on those issues. it is more likely to affect the bigger strategic decisions, things like acquisitions, major ,orporate management reshuffles those are the areas where we might see a slowing down in decision-making because jay y. lee is more caught up with the legal issues he is facing. the korean special prosecutor's office said that samsung was directly related to the scandal. which led to the president being impeached. samsung, of course denies any , wrongdoing in that. >> this isn't the kind of thing they teach people in business school necessarily how to deal with. at the group level, there has already been an impact on th

samsung electronics is lower in the soul session in late trade ahead of its first shareholder meetingt agm tomorrow. the first time shareholders has met since the chair li was taken to prison. a chart that shows a much china has been importing from australia. you can see that big spike coming through in those green bars while at the same time the amount of things that australia is buying that were made in china falling. a lot of commodities and what china is importing from australia. red wine and medicine picking up. interesting to see the turnaround in that relationship that china is buying more us trillion goods and australia not buying so much from china. anna: we'll talk a lot more about print -- trade. we will be joined by richard baldwin. london's worst terror attack in a decade has left more than five dead. the attacker ran down pedestrians on westminster bridge and stabbed an unarmed policeman outside parliament -- before being shot. u.k. prime minister theresa may said today will be business as usual for london. nehra, tell us what the mood is at once mr. -- westminster. >> i

activists targeted sony, samsung electronics.his is something we had not seen five or six years ago. fabio: absolutely. we will not say numbers of deals, massive offshore, but the u.k. has been the leading edge of european activism. in fact, they had the first anivist board appointment on ftse 100 company, which had never been done before last year. in japannzo abe welcomes this. he is trying one way or another to drag the system out and make it happen. joe: was just going to ask about that. i note japanese corporates are famously resistant to the sort of thing. do you see evidence that the culture is changing, or is it still just a goal at this point? fabio: two years and years ago we were an investor in the fund beating up on bulldog sauce, and i will never remember or taste bulldog sauce again because it was extraordinarily strange. you go to the large investors -- this corporate structure is just ripping you off -- and they would be like, yeah, well, they are friends. the cultural reaction will take the investment generation

markets are seen consolidating and they see the range staying in this with stock buying providing samsung electronicsad. disagrees with the findings on these ports and alledge that other executives hid bribery. optimistic outlook with fundamentals around stocks. >> think. eufinance to says that governments debt is under control and this level will not change much. this in november and tom mackenzie is all over this story. is it generally reassuring to say it is generally under will? >> in a word, no. there is reassurance that this is a shift with this priority and they are focused on the local and regional government debt with a finance minister saying he wants stricter caps in place to ensure the contingency plans at the local government level and he said that he wanted to pull back on some of the risky actions and he wanted to see the government bond issued. this year, the target has been set and it was 3%. the actual number came around 20%. he was asked if there was and he spelled out the fact that this was an in on the year on year around 30 billion u.s. dollars and he said that his money is not

anticipating a boost in semiconductor sales spearheaded by the release of new phones from apple and samsung electronicswhat a wonderful chart their big day for the european bond market . european banks borrowing 233.5 billion euros in free, long-term cash, the final round of what is known as targeted long-term refinancing operations. the largest net take-up since the program was launched, compared with the medium estimates of a bloomberg survey of 110 billion europe -- euros. yearield on the german 10 has fallen on the french 10 year is falling also. the red line is the u.k. 10 year rising from germany, spain, italian yields all falling. i want to show you the price of brent crude today, about $50. below $50 yesterday for the first time since november. significant yesterday, brent crude to settle below the 200 day moving average which is the yellow line, for the first time since mid-november on concerns of rising inventory on the u.s. pushing prices to the lowest yesterday in three months. ris report -- eia report showing stockpiles a record high last week. $50 but yesterday significantly closing below

been playing out, we have the likes of samsung shares, a testament to that kind of resilience, samsung electronics3 points today. samsung fire also on the advance. certainly showing you that despite the issues domestically, the korean space is certainly looking attractive to investors at home and abroad. betty: thank you so much. ko let's return tosp those problems she mentioned of toshibai, where losses are in the billions because of its embattled u.s. nuclear unit, westinghouse. toshiba is considering selling the unit. asian players could be keen to buy. reed stevenson joining us for more on this. who may be interested in westinghouse? reed: there is a lot of companies out there, but as you would imagine with the nuclear business, there are a lot of issues. the supply chain for toshiba's nuclear unit originates in china, so chinese companies are a potential buyer. south korea already has deployed third-generation nuclear reactors, so they are also a natural fit. another possibility are mitsubishi heavy, which we mentioned earlier. the only issue there is issues over technology and compatibility,

korea extending friday's drop, down .5%, more foreign funds out of korean shares on friday with samsung electronicsmong the biggest withdraws. galaxy aad of its device, samsung shares up after falling for three days. i'll strain stocks .6%, resilience tested as iron ore prices slide and aussie share snapping a two-day slide. something ahead, china manufacturing pmi do friday. we do have aussie bond yields tracking the drop in treasuries. the u.s. 10 year yield sliding over four basis points below that 2.4% level in the reflecting expectations around that reflation trade fading. brent fell below $50 for the first time this year. crudehave print and treading water -- brent and crew treading water. #708 three, how u.s. and drillers have been adding rigs, countering the supply cuts we have seen out of opec over the weekend. we had that meeting with opec producers and their counterparts in that deal, looking potentially to extend that agreement into the second half of this year. that may perhaps give us some views as to what may be the outlook for oil prices, rish. rishaad: thank you for that. sophie ka

. >>> samsung electronics traded higher in seoul ahead of the u.s.w android smart phones, the galaxy s8 and s8 plus i guess it should be. meanwhile here in new york apple saw shares near record high. it has an iris scanner. here are some of the specs. a fingerprint reader, encrypted facial recognition software among other features. sports a 5.8 inch screen running-to-edge and almost top to bottom. there's a special dock available take enables users to plug into a keyboard, mouse and monitor and watch out, siri, here comes bixby, the artificial intelligence assistant that is being supported by samsung. >> i like that name. >> it is kind of cool. >> earlier this week the company plans to sell the refurbished galaxy note7 phones, you are looking at damage there. they permanently sclapd it last october after a global recall triggered by phones that self-con busted. researchers blamed the batteries. >> i think consumers are willing to cut them slack and will buy the s8. let's not forget, they've been a very, very popular phone. >> sure, and a new technolo

and on a different story, south korea's elect tronic -- electronic giant samsung introduced the galaxy s eight smartphones today. welcome good news after the disastrous note seven recall and the ongoing corruption scandal. the galaxy s8 is bigger and has a screen that curves around edges. the question is, is that enough to convince customers? >> the new model has a thinner edge without a home button that gives it a bigger display and it has a voice assistant called bixby. thes s8 is supposed to get the company back on track. >> as you all know, it has been a challenging year for samsung. it is filled with valuable lessons, and important new beginnings. reporter: samsung needs that after the disaster with the note 7. some devices had batteries that exploded or burst into flames. they lost plenty of sleep over the problem. the samsung smart tv may have been vulnerable to a spy program called weeping angel that was supposedly able to record conversations in people's homes and to transmit them straight to the u.s. central intelligence agency. adding to the woes, the former samsung chief is

the following paid presentation is proudly sponsored by samsung, delivering you innovation and technology and quality connected home electronics, televisions, computers, and tablets. samsung -- bring it home. how would you like to come home to a house that is fresh and clean? it just feels brighter and fresher. how would you feel about your home if it always seemed housekeeping just left? happy? relaxed? how about if your carpet and floors were vacuumed automatically or even on-demand? the future is here. >> as a mom and as a woman who's in charge of keeping her house clean and tidy, you definitely need one of these. i mean, you can turn it on, you can leave the house, and you can return home, and your house is

our top story this hour: he is the boss of samsung — it's one of the world's biggest electronics companies goes on trial. jay y lee is accused of paying bribes to gain political support. we look at how the case is tied to the embattled and now impeached president park geun—hye. welcome to the programme. our other main stories this hour: australian police warnjustin bieber fans to be on their guard, after an alleged imposter is charged with hundreds of online child abuse offences. mission impossible became mission accomplished. one of the all—time greatest sporting comebacks — barcelona score six goals, three in the last seven minutes in the champions league — leaving fans and players elated. in nine months time from now, people will make love a lot tonight. —— they will need more nurses in nine months time. i'm sally bundock. in business: on trial — the crown prince of samsung. at stake — the reputation of asia's richest family — and one of its most successful companies. plus, attracting the high flyers — airlines show their business class at the berlin travel show. hello again. the trial

our top story this hour: he is the boss of samsung — it's one of the world's biggest electronics companiespolitical support. we look at how the case is tied to the embattled and now impeached president park geun—hye. welcome to the programme. our other main stories this hour: australian police warnjustin bieber fans to be on their guard, after an alleged imposter is charged with hundreds of online child abuse offences. mission impossible became mission accomplished. one of the all—time greatest sporting comebacks — barcelona score six goals, three in the last seven minutes

samsung is anxious to regain its status as a trusted electronics brand and the world's number one smartphone. >> it was definitely a challenging time and we took a lot of lessons from it. we also implemented, thanks to the lessons we learned, a lot of new things in the way we designed the phones and test the battery. we will make sure this never happens again. on the other hand, we know that customers have remained white loyal to us and we had very nice demonstration of people keeping faith in samsung and being very loyal to our brand. richelle:e[>@o vp 03/29/17 03/29/17 [captioning made possible by democracy now!] amy: from pacifica, this is democracacy now! >> i have said it from the day i got here until whatever -- there is no connection. you have got russia. if the president puts russian salad dressing on his salad tonight but somehow that is a russian connection. amy: as the white house fights back over questions of the trump's campaign possible ties to russia, republican lawmaker devin nunes is facing growing calls to step aside from leaving thho

that's one main reason bad stuff hasn't happened here but i'd like to see our stuff here our electronics and samsungs to see them secure so our government can't spy on us with everything connected we're less free and more tied into the big data system than we've of been in the country. there's no way to get away from that unless these technology providers we buy all of our stuff from are able to secure our phones not just against our own government and foreign governments too because if the cia can do it the russians can do it. >> bill: a fundamental question here why do you think this is happening? why do you think this started this way with the administration? >> i think have you people within the government what you called the deep state, bureaucrats, obama appointees that hate donald trump. it's that simple. >> bill: does that go back to his criticism of the intelligence community? you remember the chuck schumer comment from two weeks ago you mess with the intelligence community they'll get you six ways to sunday. you believe that? >> i believe it has to do with his brand of politics. people don'

>> reporter: well, david, these electronic devices have great vulnerabilities built in. samsung put out a warning a year and a half ago that consumers should know that conversations near their tvs can be picked up and transmitted if owners activate the voice recognition software, and it's illegal for the cia to operate against americans in the u.s. >>> thank you. >>> we turn next to the showdown in capitol hill tonight over obamacare. the republicans' new plan to replace it. there is division amid the party, and some saying it's obamacare-lite. party, and we have reported on voters expressing their fears about losing their health care at town halls in this country. and tonight, the american medical association and aarp are both weighing in saying this new plan won't work. abc's mary bruce on capitol hill. >> reporter: tonight, with his health care plan under siege from democrats and republicans too, house speaker paul ryan is trying to calm the storm. >> i have no doubt we'll pass this because we're going to keep our promises. we're going through the inevitable growing pains fro

>> still ahead, why the corporate nerve center of a global electronic powerhouse is in crisis management mode. >>> chances are you own a samsung product. it's a big company. maybe a tv or a tablet. the south korean conglomerate is now in a corruption scandal after a number of its executives including its billionaire heir were indicted. the report from singapore. >> the south korean special prosecutor formally indicted the head on charges of bribery and embezzlement. four other samsung executives have been indicted. the question is whether $38 million in samsung donations to charities were actually bribes for governmentback of a samsung merger. it was by president park geun-hye's long time friend. prosecutors said they curried favor with the president. so how did the shares do? investors didn't seem phased as the crown jewel rose 1%. a battery company also gained. samsung confirmed the form he vice chairman and the president have both resigned. for "nightly business report." in singapore. >> valiant predicts a tough year ahead. the drug maker predicts 2017 will be a year of transition. the company expects revenue to fall as it

we learned about a collaboration between samsung, south korean electronics manufacturer whose ceo andh korea for bribery and mi 5 the british intelligence to allow mi 5 to watch americans in the united states when the television set is off. steve: wait a minute. >> wait a minute is right. what i'm saying is the fbi has a lot of work here. they are not only interested in hot mole is. they are interested in who is spying on americans unlawfully? is it the cia which is not allowed to you spy in the united states? is it mi 5 which is not allowed to spy in the united states? and are there foreign electronics firms involved in this? they are not allowed to collaborate with foreign spies to the spy in the united states. ainsley: so tour of find the mole. if someone were at fox news were leaking something we weren't supposed to our it department would find out who it is immediately. these are the best of the best. these are spice. >> these are people whose job it is to steal secrets and keep secrets and they know how to erase their fingerprints. theoretically, there is what is known as electr

shares of samsung group fell after shareholders expressed concern about an executive's involvement in a corruption scandal. >>> electronics firm hitachi announced the group subsidiary in the nuclear fuel business will post a loss of about $590 million for the fiscal year ending in march. hitachi and ge jointly created the firm to develop new technologies for uranium enrichment for nuclear power plants. officials say after reviewing the value of the business, they were unable to forecast growth in the future. hitachi will post losses for the 2016 year. hitachi entered the business in 2007, expecting an increase in the construction of new nuclear plants. but the accident at fukushima daiichi nuclear plant in 2011 has seen the nuclear power industry fall into a slump. hitachi officials say they're now discussing withdrawing from the business. >>> toshiba officials have been saying they plan to spin off their flash memory chip business to fund a turn around of the struggling electronics maker. now japan's industry minister says government officials would have to check the alal if foreign firms try to buy the business. >> tran

. >> samsung moving on after the recall involving phones that caught fire. the electronicsd galaxy s # 8 device hoping to p note 7 behind it. it comes in two sizes. there are many new features. unlike the iphone, the s 8 has an air phone jack. the big quesio safety of course. many note 7s caught fire forcing two embarrassing recalls. samsung says s 8 have inspections. >> big changes coming to carl's june yerz. >> for years used provocative ad featuring paris hilton, cakate upton. well thought out ad. all over now. the chain says it wants to grow up. >> yea kendis. for that it is turning to, to, to -- fictional characters. >> really trying to stretch out this video. >> the characters named carl, hardy sr. >> in a new ad, hardy sr. taking back the chain from his son whose offices are decorated with photos from previous ad campaigns. you can imagine. there is skin in the photos as well. carl jr. quickly changes his tune, kendis. >> see, this is what i have been talking abut. food. not -- >> shut up, junior. >> yes, sir. >> we see carl sr. orchestrating the removal of carls jr.

the cia's technical ability to carry out hacking into electronic devices, things like android phones, iphones, even in one interesting document samsungrt tvs , interesting document samsung smart tvs, so it could make it look like the tv is off and actually on and collecting audio from the room and sending it back from a joint operation with britain's mi5, it is claimed. extraordinary claims about the capabilities of the cia has for hacking into electronic devices. links from the hundred days programme spoke to the former cia director and former nsa director general michael hayden. here is what he had to say about the sleek. the agency is not yet confirming or denying the authenticity so i've got to put that out there. now, if what i have read is true then this seems to be an incredibly damaging leak in terms of the tactics, procedures and tools used by the central intelligence agency to conduct legitimate foreign intelligence. in other words, it's made my country and my country's friends less safe. edward snowden who knows a thing or two about lea ks has edward snowden who knows a thing or two about leaks has posted online, still wor

. >>> also this morning embattleled electronics giant samsung is hoping for a boost from its first majorproduct launch since the illinois-fated launch, galaxy note 7. will it be enough to make consumers forget about that recall disaster. >> reporter: this is a big deal for samsung. it's the company's first new smartphone since that massive recall with the fire prone note 7. more than money is at stake. the company's reputation may be on the line. >> i give you s 8. >> reporter: for samsung the new galaxy s8 may be more than just a new phone. some would argue it's a call for redemption. touting a larger screen and bit speed, voice activated assistant to rival the iphone siri the company's biggest challenge may not be the competition but instead its troubled past the notorious fire prone note 7. after many of the phones overheated and spontaneously come busted the devices were deemed too dangerous to use during flights. >> it has been known to cause fires. >> reporter: citing faulty batteries samsung issued a recall, $5 billion setback costing the company more than money. also consumer sev

them turning household items such as computers or smart phones or a samsung smart tv into surveillance tools. turning your own electronics devices even when they're powered off. the cia hackers are apparently able to bypass encryption on popular communication applications such as what's app, signal, confide. by hacking the smart foreigns the apps run on and collecting the data before the encryption is applied. cnn cannot independently verify the information contained in these 8761 documents and files which wikileaks is calling vault 7. in a statement a cia spokesman said, quote, we do not comment on the authenticity or content of purported intelligence documents, unquote. joining me now is former cia counter terrorism specialist phil mud. thank you for joining us. i think our viewers would be surprised how easily the cia could invade someone's privacy without them knowing it. can the public be confident there are controls to make sure these techniques aren't abused? >> you asked the right question, jake. they should be surprised the cia can sur veil them. the cia like the fbi has to go through a court order to do so. you