sharanjit leyl shara njit leyl is sharanjit leyl is there for us. leyl is there for us. tell us about the euphoria in asia. that is correct. not much euphoria here. asian markets are going in the reverse direction to wall street, actually falling. 0nly because they have been surging to their highest levels in recent days. the highest levels in recent days. the highest levels in recent days. the highest levels in a decade, actually. there has been profit—taking as a result. south korean shares saw their biggest fall since november, with samsung electronics wiping out any gains this week. it has not helped that the president of south korea is planning to raise taxes on big corporations. the us dollar is holding at two year lows. that is actually after the federal reserve expressed caution about interest rates. believe it or not, apple have had stellar results but are now having the reverse effects. asian suppliers have succumbed to profit—taking today. suppliers have succumbed to profit-taking today. 0k. it has to happen eventually. thank you, sharanj

sharanjit leyl, shara njit leyl, this sharanjit leyl, this is going from bad to worse, isn't it?lly. unusually, in spite of the demotion from that prestigious first section of the tokyo stock exchange, shares are rising today. they are up about 6%. that is due to the fact that there area that is due to the fact that there are a lot of retail investors picking it up, trying to make a quick dollar. but as you say, the demotion from the main section of the board, that is a comedown from the board, that is a comedown from the —— for the conglomerate. it has been described as a washed up top gear atley, it is seemingly tearing it up in second division. we know it has been struggling to restructure since huge losses in its nuclear is this in the us. what happens with japanese businesses, if they get demoted when they make these recordings. they get delisted entirely when they have had two consecutive years of negative shareholder equity. and as you say, toshiba has flagged that it is labour that is exceeded its assets by just over $5 labour that is exceeded its assets byjust over $5 bi

i'm sharanjit leyl in singapore. the headlines. president trump warns talking to north korea is not the answer. so, what comes next in this nuclear stand—off? as the number killed by tropical storm harvey rises in texas, monsoon rains are affecting millions of people across south asia. i'm babita sharma in london. also in the programme: 20 years on from the death of princess diana, her sons make a poignant appearance at a memorial garden dedicated to their mother. and the long walk forjustice. we meet the man crossing the entire breadth of australia for indigenous rights. live from our studios in singapore and london, you're watching bbc world news. it's newsday. good morning. it's 8am in singapore, one am in london and 8pm in the evening in washington, where the trump administration is giving mixed signals about its response to the latest north korea missile launch. president trump appeared to have dismissed the prospect of a diplomatic solution, by saying that "talking is not the answer." although his defence secretary, james mat

i am sharanjit leyl asia business report. i am sharanjit leyl. thank you forjoining me.t is friday. a south korean court is expected to pass its ruling in a corruption case revolving around the de facto boss of samsung. he has beenin de facto boss of samsung. he has been injail since february since been injail since february since been charged in a scandal leading to the outing of the former president of south korea. i am joined live from seoul in front of the courthouse. what are we expect today? well, he will be presented behind me in court. prosecutors have asked for a 12 yearjail sentence for him. the big charge is bribery. he is accused of donating to organisations run by the close friend of the former president in return for favours that would pave the way for him to become the boss of the samsung group. there are also charges of embezzlement, hiding assets overseas, perjury. we will hear today whether he is found guilty of all of those charges. it is quite significant how large a sentence he will get if he is guilty. a significant sentence. if he is put behind bar

i'm sharanjit leyl in singapore. the headlines: after north korea's latest missile test, president trump warns talking is not the answer. as the number killed by tropical storm harvey in texas, warnings of new monsoon floods across parts of south asia. i'm babita sharma in london. also in the programme: princes william and harry make a poignant appearance in memory of their mother on the eve of the 20th anniversary of princess diana's death. and the loneliness of the long—distance walker. we meet the man crossing the entire breadth of australia in his campaign for aboriginal rights. live from our studios in singapore and london. this is bbc world news. it's newsday. good morning. it's 7am in singapore, midnight in london and 7pm in the evening in washington, where the trump administration is giving mixed signals about its response to the latest north korea missile launch. president trump appeared to have dismissed the prospect of a diplomatic solution by saying that talking is not the answer. although his defence sec

i am sharanjit leyl asia business report. i am sharanjit leyl. thank you forjoining us.releases growth figures for the three months untiljune. they they implemented a new goods and services tax which promises to boost production, but has trouble getting off the ground to be that is after the controversial move last year to remove high—value banknotes from circulation. how was that affecting growth in india? we have this report. after months of almost no work, things are starting to get a little bit busier. this factory makes machines for various industries ranging from hospitals to firms. but the company has been struggling to make profits for the last three years. it became worse when the government banned nearly 90% of the cash in circulation last november in an effort to crack down on corruption. translation: after the cash ban, most industries cut down production. they were all very worried. we were hardly getting any orders. sales, which were already low, went down further by 50%.m had a huge impact on india's economy, especially the small to medium—sized businesses

i'm sharanjit leyl. we will start with the ongoing problems around the tech giant toshiba.he markets opened for trade and its shares got demoted to the second section of the tokyo stock exchange. we have that story. tell us about this demotion. they opened higher this morning. tell us about this demotion. they opened higherthis morning. up tell us about this demotion. they opened higher this morning. up about 2.596 opened higher this morning. up about 2.5% this hour. yesterday as well toshiba shares rose. if you are like me, wondering why they are actually rising despite the demotion, i have been reading reports from security companies and it is partly because shares have fallen sharply since financial trouble was reported but also because by being demoted from the first section to the second section, you remove all the big institutional investors but you also get retail investors and day traders who want to make quick money by selling and buying quickly. we have been seeing a lot of volume with trading in toshiba shares. they will continue to see volatility. the interestin

i am sharanjit leyl business report. i am sharanjit leyl. we begin with the auto sector.mper —— tesla just reported revenues of more than $2 billion for the april— june quarter, more than doubling. the electric car maker burnt through more than $1 billion in that quarter, ramping up production for its mass—market model three, released last week. there are about half a million pre— orders for the model three. asia has its own ambitions when it comes to electric cars. china has mandated 8% of all vehicles sold the new energy cars by 2019. india has vowed to make all ca i’s 2019. india has vowed to make all cars sold electric i 2030. earlier i spoke to an auto analyst in sydney. i think you have to differentiate chinese case from the indian case. if you look at the background statistics, china has a penetration of electric cars around 1.4%, higher than the us. they accounted for half of all you —— will electric cars registered in 2016, around 250,000 a year. they are on a naked trajectory. also, china has an ability to provide infrastructure, because it is a decision by the

i'm sharanjit leyl, in singapore. i'm alpa patel, in london.nd on charges against yingluck shinawatra, the former thai prime minister, accused of operating an illegal subsidy scheme. the white house insists relations are good between donald trump and the republican leadership after he criticised senior figures in the party. and we bought you this story earlier, and it's proving very popular on our website as well, bbc.com. the biggest ever single winning ticket in us lottery history. mavis wanczyk has won seven $750 million and i'm sure quite a few of us are pondering what we'd do if we'd won that kind of money. let's take a look at some front pages from around the world. the japan times leads with an image of the aftermath of typhoon hato, which left eight dead and over 200 injured after it hit china's macau. the picture shows a resident looking out from an apartment building that has been left without windows after enduring the storm. the front page of the philippine star has a story on president duterte's war on drugs. three policemen are ac

i'm sharanjit leyl in singapore, the headlines. international condemnation of venezuela after the arrest of two opposition leaders. the un says the escalating crisis makes a peaceful solution more difficult. a message to north korea from the us secretary of state: america is not seeking regime change, but dialogue with pyongyang. we are not your enemy, we are not your threat, but you are presenting an unacceptable threat to us and we have to respond. i'm babita sharma in london. also in the programme. turkey puts almost 500 people on trial — they're accused of taking part in last year's failed coup. and — can a bit of beyonce save this australian bowls club from oblivion? good morning. it's 8am in singapore, 1am in london and eight in the evening in venezuela, where political tensions are escalating. two prominent opposition leaders were dragged from their homes overnight and taken to a military prison, accused by the government of inciting violence. the un secretary general is now warning that a peaceful solution could now be more

i'm sharanjit leyl, in singapore. i'm babita sharma, in london.id continuing turmoil in venezuela, two opposition leaders have been taken from their homes by security forces. the us secretary of state, rex tillerson, says his country is not seeking to topple the north korean government, and wants dialogue with it. and an opinion piece describing the growing difficulties of living in beijing has gone viral in china. and has since become the target of government censorship. that story is on bbc.com across asia. let's take a look at some front pages from around the world. the china daily reports on president xijinping's praise for his nation's military history. the chinese leader was marking the 90th anniversary of the founding of the people's liberation army. he said beijing had the confidence to defeat all invasions. the new york times reports on the ancient vase that's been confiscated from the metropolitan museum of art. the greek antiquity, which is over 2,000 years old, was removed following reports that it was looted by tomb raiders in the 197

sharanjit about the help of the chinese economy. shara njit leylanjit leyljoins us. the numbers are looking good for china, following hot on the heels of the us revision upwards as well? absolutely. you said it. most markets in the region are going up asa markets in the region are going up as a result, because of all this good news. china, as you said, posted stronger than expect the factory sector growth in august. the purchasing managers index, that is the official one, it is a gauge of the official one, it is a gauge of the help of the manufacturing sector, and it came in at 51.7, crucially above the 50 point mark that separates growth from contraction. analysts had expected it to actually be fairly little change from july. so china's resilience is giving something of an extra boost to the global recovery, especially, like you said, at a time in the us economy also seems to be bouncing back. you just said us growth would be revised up to register growth, the fastest pace in more than two years. china has had to manage its economy much more caref

sharanjit leyl is in singapore. so, i suppose they and their shareholders are delighted? delighted. 0bviously, shareholders are delighted? they are absolutely delighted. obviously, as you just said, those profits skyrocketed to their second—highest level in the airline's 97 year history. it turns just over $1 billion in pre—tax profit for the year to the end ofjune. 0f billion in pre—tax profit for the year to the end ofjune. of course, we know that the airline's highest ever profit was delivered last year. this profit is down about 9% from that record. the strong result was really due to cost—cutting and its robust domestic is mrs, which have helped to offset global competition. —— domestic businesses. qantas also announced phones today to sell non—stop flights from sydney to london and new york are 2022. —— plans. those would be among the longest haul flights that exist, 20 hours or more. that plan would depend on the airline securing planes from boeing and airbus that are capable of travelling that kind of distance. i certainly wouldn't wa nt of distance. i certainly w

i'm sharanjit leyl. the us pacific airbase on guam after president trump issues this warning to pyongyang. they will be met with fire and fury like the world has never seen. kenya's president kenyatta takes a strong lead after tuesday's election but the results are rejected by his rival as fictitious and fake. and is faith in emmanuel macron‘s leadership failing? we have a special report from the french president's home town of amiens. the us market rally shows no signs of losing steam. but what does the high valuation tell us about wall street and america's economy? the magic kingdom sets out on its own.

i'm sharanjit leyl in singapore. the headlines: farewell to the mooch. afterjust ten days in the job, president trump fires his director of communications, anthony scaramucci. political turmoil in pakistan. after the dramatic resignation of nawaz sharif, an interim prime minster is due to be chosen. i'm babita sharma in london. also in the programme: los angeles strikes a deal to host the summer olympics in 2028, paving the way for paris to put on the games in 202a. this chinese woman is heading overseas to get treatment to freeze her eggs, a procedure she's not allowed at home. we'll have her story. live from our studios in singapore and londond, you're watching bbc world news. it's newsday. good morning. it's 8am in singapore, 1am in london and 8pm in washington where president trump's newly appointed communications director, anthony scaramucci, has been fired. he'd been in the job just ten days. it's being reported that president trump decided he should go, after a request byjohn kelly, who was sworn in on monday, as the president's new chief of staff

i'm sharanjit leyl. our top stories: north korea threatens missile strikes near the us pacific airbase on guam after president trump issues this warning to pyongyang. they will be met with fire and fury like the world has never seen. kenya's president kenyatta takes a strong lead after tuesday's election but the results are rejected by his rival as fictitious and fake. and is faith in emmanuel macron‘s leadership failing? we have a special report from the french president's home town of amiens. the us market rally shows no signs of losing steam. but what does the high valuation tell us about wall street and america's economy? the magic kingdom sets out on its own. disney's announcing it will pull its movies from netflix and set up its own streaming services. hello. north korea's official news agency says the country is considering launching missile strikes near the american airbase on guam, in a sharp rise in rhetoric between the two countries. the report says pyongyang is looking at a plan to fire mediu

i'm sharanjit leyl in singapore. the headlines: it's a highly controversial procedure but now scientists say gene editing could prevent thousands of inherited diseases. health officials in the philippines describe the country's hiv epidemic as a national emergency. i'm babita sharma in london. also in the programme: the brazilian striker neymar is poised to become the world's most expensive footballer as he's set to move from barcelona. # life story... the story of the edgy singapore of the 70s, told in wonderboy, a film released today. we speak to its star. good morning. it's 7am in singapore and midnight in london. there is new hope today for thousands of families who live with the prospect of passing on inherited diseases to future generations. for the first time, scientists in the us, along with experts from china and south korea, have successfully repaired a faulty gene in human embryos. but critics are warning that the technique could, ultimately, be used to create so called designer babies. our medical corresp

this is bbc news, i'm sharanjit leyl. our top stories: after tough new un sanctions, north korea faces strong international pressure to end its missile testing, and start talking. venezuela's president praises the army for beating back an attack on a military base in the city of valencia. israel plans to ban journalists from aljazeera, and close its offices injerusalem, after accusing the broadcaster of incitement. battling to boost prices, opec meets to check who is sticking to the rules on production cuts, as the price of oil continues to flag. and the business of birth. we take a look at the cost of delivery around the world, starting in turkey, which has the highest rate of c—sections in the world. after the un imposed tough new sanctions, north korea is facing strong international pressure to end its missile—testing programme and begin talks. the us secretary of state said the sanctions showed that world powers were united in the push for a denuclearised korean peninsula. the us president, donald trump, has spoken by

this is bbc news, i'm sharanjit leyl.ions, north korea faces strong international pressure to end its missile testing, and start talking. venezuela's president praises the army for beating back an attack on a military base in the city of valencia. israel plans to ban journalists from aljazeera, and close its offices injerusalem, after accusing the broadcaster of incitement. battling to boost prices, 0pec meets to check who is sticking to the rules on production cuts, as the price of oil continues to flag. and the business of birth. we take a look at the cost of delivery around the world, starting in turkey, which has the highest rate of c—sections in the world.

i'm sharanjit leyl in singapore. the headlines.is not the answer. so, what comes next in this nuclear stand—off? as the number killed by tropical storm harvey rises in texas, monsoon rains are affecting millions of people across south asia. i'm babita sharma in london. also in the programme: 20 years on from the death of princess diana, her sons make a poignant appearance at a memorial garden dedicated to their mother. and the long walk forjustice. we meet the man crossing the entire breadth of australia for indigenous rights. live from our studios in singapore and

i'm sharanjit leyl.ear for what is expected to be a very tight election. the president has appealed for calm. defiance from north korea. it says new sanctions won't stop it developing nuclear weapons. the british model allegedly kidnapped for sale on the dark web has returned to the uk. could a vote by secret ballot oust south africa's president jacob zuma? the rand is poised to surge. we talk you through what's at stake. plus formula milk is big business in hong kong. we assess the obstacles there to breast—feeding.

i'm sharanjit leyl in singapore. the headlines: fixing faulty genes to eradicate inherited disease.the world. president trump reluctantly approves new sanctions against russia. moscow says the move amounts to a full—scale trade war. i'm babita sharma in london. also in the programme: will he become the world's most expensive footballer? neymar could cost paris st germain a quarter of a billion dollars. he'll earn $1 every second. and exploring the edgy world of singapore in the 19705: we speak to the star who inspired and directed the movie wonderboy.

i'm sharanjit leyl. our top stories: polls have opened in ten year for what is expected to be a very tight election. the president has appealed for calm. defiance from north korea. it says new sanctions won't stop it developing nuclear weapons. the british model allegedly kidnapped for sale on the dark web has returned to the uk. could a vote by secret ballot oust south africa's president jacob zuma? the rand is poised to surge. we talk you through what's at stake. plus formula milk is big business in hong kong. we assess the obstacles there to breast—feeding. in kenya, polls have opened in an election that is expected to be very close. there are eight candidates running for president, including the incumbent, uhuru kenyatta, and his longstanding rival, raila odinga. this is the scene right now in nairobi. nearly 20 million people are eligible to cast a ballot and people were queuing well ahead of the polling stations opening this morning. ten years ago, a close election result sparked two months of bloo

i'm sharanjit leyl in singapore, the headlines.wo opposition leaders. the un says the escalating crisis makes a peaceful solution more difficult. a message to north korea from the us secretary of state: america is not seeking regime change, but dialogue with pyongyang. we are not your enemy, we are not your threat, but you are presenting an unacceptable threat to us and we have to respond. i'm babita sharma in london. also in the programme. turkey puts almost 500 people on trial — they're accused of taking part in last year's failed coup.

sharanjit leyl is in our asia business hub.that storm having on the financial markets, they have been shut, schools and businesses shut, what impact will that have on the city? you pretty much said it, all of those things are shut down. hong kong has come pretty much to a standstill. the typhoon really a category eight storm, down from category eight storm, down from category ten, which means the struct of winscombe huge waves, uprooted trees, flooded streets, closed businesses. no trade for the hang seng. we know it is the worst storm the special administrative territory hasn'tjordan silk —— since 2012. more than 400 flights have been cancelled and cafe pacific said the storm would severely impact flights. we are told only one flight managed to land earlier this morning. now the schools are closed, all of the skyscrapers in hong kong's iconic skyline are shrouded in darkness, as workers stay home. bearing in mind it had been a category ten typhoon warning initially and this was really only the third time one had been issued si

i'm sharanjit leyl in singapore. the headlines: fixing faulty genes to eradicate inherited disease. a scientific breakthrough brings hope to millions of people around the world. president trump reluctantly approves new sanctions against russia. moscow says the move amounts to a full—scale trade war. i'm babita sharma in london. also in the programme: will he become the world's most expensive footballer? neymar could cost paris st germain a quarter of a billion dollars. he'll earn $1 every second. and exploring the edgy world of singapore in the 1970s: we speak to the star who inspired and directed the movie wonderboy. good morning. it's 8am in singapore and 1am in london. there is new hope for thousands of families who live with the prospect of passing on inherited diseases to future generations. for the first time, scientists in the us, along with experts from china and south korea, have successfully repaired a faulty gene in human embryos. but critics are warning that the technique could, ultimately, be used to create so called designer babies. our medical correspondent fergus wal

i'm sharanjit leyl in singapore. the headlines: a verdict due for yingluck shinawatra. the white house says all‘s fine between donald trump and the republican leadership after he criticised senior figures in his own party. and i'm alpa patel in london. also coming up in the programme: has north korea just given us a glimpse of its next planned nuclear weapon? a wall chart next to kim jong—un reveals blueprints for a new rocket. the biggest single win in us lottery history, as mavis from massachusetts scoops $750 million on the powerball.

sharanjit leyl has been speaking to circue du soleil‘s chief executive about the company's expansionman group, we want to, so with the blue man group, we want to, so with the blue u group, we want to, so with the blue man group and the experience on time square, cirque will be looking at markets like london, hamburg in germany, and all of the asia, we still see a lot of growth, including here, singapore. when the private equity firm tpg first took over sector to lay, —— cirque du soleil, there were lots of streamlining of cost cuts, a re there were lots of streamlining of cost cuts, are those concerns still there? we have not seen any push from tpg to do extreme cost saving. 0bviously from tpg to do extreme cost saving. obviously we managed saving, but it hasn't changed the way we produce shows and we create shows. that is what i told them from the get go. i saidi what i told them from the get go. i said i am there to listen to all the advice you can give me, from a business standpoint, but for creation and production, you know, that's so important, please leave our creators alone, a

i'm sharanjit leyl in singapore, the headlines: as the venezuela crisis escalates, two opposition leaderstary prison by security forces. a message to north korea from the us secretary of state, america is not seeking regime change but dialogue with pyongyang. we are not your enemy, we are not your threat, but you are presenting an unacceptable threat to us and we have to respond. i'm babita sharma in london. dramatic scenes in turkey. 500 people appear in court, accused of taking part in last yea r‘s attempted coup.

i'm sharanjit leyl in singapore.event thousands of inherited diseases. health officials in the philippines describe the country's hiv epidemic as a national emergency. i'm babita sharma in london. also in the programme: the brazilian striker neymar is poised to become the world's most expensive footballer as he's set to move from barcelona. # life story... the story of the edgy singapore of the 70s, told in wonderboy, a film released today. we speak to its star.

i'm sharanjit leyl in singapore.lled by tropical storm harvey in texas, warnings of new monsoon floods across parts of south asia. i'm babita sharma in london. also in the programme: princes william and harry make a poignant appearance in memory of their mother on the eve of the 20th anniversary of princess diana's death. and the loneliness of the long—distance walker. we meet the man crossing the entire breadth of australia in his campaign for aboriginal rights. live from our studios in singapore and london. this is bbc world news.