how can singapore and hong kong -- how can hong kong fare bettter along with singapore?tween the two is interesting. is betweenifference are kong and singapore around the efficiency of energy consumption and consumption relative to gdp. hong kong can do better in number of areas, particularly on environment. singapore, waste management, solid waste management, energy, and recycling. >> good stuff. always opportunity to do better for cities. thank you so much to joining us today and explaining all of that. only the look at not livability, but the sustainability of successful cities. coming up, will the kapok craze craze in china helped unify the prospects from one korean cosmetics maker? we will find out. that is coming up next to. -- ♪ >> welcome to the stock exchange. let's check in on what our reporters are watching this morning with trading underway in asia. looking particularly glowing today. are you using korea cosmetics? amorepacific down. it was slightly up earlier. it is trading today -- they are saying that china sales are up 30% this year because they are openi

tocoming up, shanghai singapore.ll look at why southeast asia's biggest exchange is looking to china for a boost. your phone, your tv, and your tablet. you are watching "first up." ♪ >> 8:30 in hong kong. a live look out at victoria harbour. good monday morning to you. we are an hour away from the opening of trading here. you are watching "first up." market maker. the singapore stock exchange goes looking for staff in china. japan's prime minister of our for the deaths of two hostages held by the islamic state. the hard truth some vineyards are finding hard to swallow. good morning. i'm yvonne man in for angie lau. let's take a look at the markets trading in the asia-pacific. the nikkei 225 down about 1% right now. up about 3/10 of 1%. asx 200, up 3/10 of 1%. sincestralian dollar, not 2009, tumbling in the first month of the year. some say the world's biggest foreign-exchange trader, the pain is far from over. the singapore exchange boosting its focus on china to sell more products. southeast asia's biggest exchange

budget day in singapore today.he finance minister is expected to announce higher welfare benefits in lome be the administration's last budget before the next election in 2017. linda auman joins us now. what else are you expecting? expect welfare benefits, social spending for those in need. this budget potentially the last before a general election is called. at the last election, the ruling party won by the smallest [no audio] expect handouts for the low income, the elderly -- the income gap has widened, and the aging population is rising, accounting for almost 1/4 of the 5.5 million people. there's a need to help them cope with escalating prices. billion being set aside for that. people we talked to also expect to see a boost for companies to encourage productivity. productivity still lagging below its target of 2% to 3%. local workers have to be more productive. an incentive program, which was expanded last year, may be extended yet again. singapore's growth slowing, 2.9% last year. the government faces a huge ch

it has been challenging for singapore given a sluggish global recovery. >> singapore's founding fathereen hospitalized. what to do we know? >> he has been hospitalized for about two weeks. he is being treated for severe pneumonia and he is a mechanical ventilation. he is conscious and lightly sedated according to a statement that said his condition has stabilized. the public will be informed of any significant change. he is the first elected prime minister and the founding father of modern single or. the man with the vision. -- and the founding father of modern singapore. the prime minister in power since 2004 and one was hospital touching hospitalized previously form of prostate cancer. >> thank you for the update. >> the bank of japan governor, mr. kuroda and the nikkei is at a high. join us for the reopening. ♪ >> negative return. hong kong falls on the first day after new year. the benchmark was a 16 year high. coming to america. wealthy chinese look forward abroad after diminishing returns at home. one day to come up with convincing reforms and then the creditors area greece has b

singapore.ce minister expected to announce high welfare benefits in what will be their last budget before the election in 2017. our southeast asia correspondent joins us from there. what are people expecting? >> people are expecting a lot. fifth yearebrate his independence year. some people are expecting a jubilee budget, possibly tax payouts. is certain there will be more social spending for the lower income as well as the elderly. there is a growing great population. they need to cope with tighter healthher prices on care, for instance. this budget may do just that. this budget is potentially the last before the election to do better this year. it has the smallest margin of at theor independence last one. some say it may use the budget to show it understands the difficulties faced by the people. we may also see a boost for companies. productivity still lagging behind. 2.23%.get of -- they may prop up singapore's growth. gdp slowing. it has been challenging given the sluggish global recovery. t

joining us from singapore is steve davis. many thanks for joining us.his is an interesting impasse. i want to ask you about the asian fallout, if you like. clearly, greece wants this right off of debt. angela merkel, very clear, there will be no debt relief. how worrying is this for your investors, for your trades? >> clearly, the new greek government has what it believes to be a strong popular mandate, but you have that in the form of an and movable object meeting the steamroller in the form of the germans and the rest of the eu. it will be interesting to see who wins. clearly, the rest of the eu is in not much of a mood for compromise, and it is difficult to see how the greeks will be able to achieve their objective while at the same time scoring it away with those remaining in the eu and remaining in the euro. it is mutually incompatible. >> i have a strong guess the germans will win this, because they have a strong case. if, as you say, the greeks lose out, let's say, worst-case scenario, goodbye, euro, goodbye, eu. this is a disastrous outcome for

singapore not doing that great. down .5%.dp numbers coming in that event analysts expected but still lower than the previous quarter. south korea, the coffee trading is almost unchanged. also, the rate decision today to keep rates at a record low 2% to push up prices. we have indonesia coming out with its decision so that is another thing we will keep an eye on for the rest of today. back to you. >> let's have a look at what is going on as far as treating. investor sentiment goes out globally to greece. they talked, they listen and failed to bridge their differences. we have been looking at all of this and we had that good, where has it gone? >> they have been very urgent with the tone of this meeting. it is making the eurogroup, they called cypress development encouraging. greece has been saying, we will do whatever it takes in brackets and their terms. the rest of europe is saying no, you will accept a bailout extension. that is the only offer on the table. if you do not, we'll not give you an extension on the loan. the off

thank you for joining us out of singapore today.hat is the chief economist of the bank of singapore. we will have more on the gdp data when it breaks later today, including talking with a guest to outline all of that for you. coming up next, shining a light new year. coming up after a break, the man behind the festive displays. ♪ >> chinese culture adores lights. from christmas to lunar new year, thousands of people flock to these festive displays, and a man behind many of them is terrence long. he is known as the father of festive lights after four decades in business. >> i love the job. i enjoy everything about it and i never want to stop. was like ait wasteland. people decided to put up christmas lights to attract visitors. initially, the idea was greeted with that this is him. nowhere else had such displays brightening up the streets. my first job involves suspending stars from the top of buildings. it was quite dangerous. going up on the gondola is not for the faint hearted. it can be cold and windy up there. nearly years ago,

this makes it more expensive to run a business in singapore. it may make it more appealing. >> these are broad trends. have you seen individual companies? >> you'd didn't -- you did not have this happening this year. the space is leased out by the end of the year. >> property tends to be a domestic story. >> in most places like singapore and hong kong, it is like a affected by bias and a can have an impact. investors crucially make up if third of luxury home investment and the additional tax adds 18% to the cost and it will be difficult, even with prices falling. >> thank you. we are looking ahead to the afternoon business in tokyo with weaker than expected fourth-quarter gdp. still, it hobbles out of recession. we have seen this ride along with record highs. you are watching asia edge. >> a move for it ins to asia stocks -- asian stocks. even more mobile. rumors that apple is protesting a new -- road testing a new product. >> gross below estimates, james baker joining us from japan. still a long way to go. >> that is right, the economy return

the futures contract there in singapore. it is crunch time for grief, with crucial talks later today in brussels, and the great debt debate when "on the move" returns. ♪ >> ok, some other headlines around the world, people in shock after a gunman shot some dead in copenhagen. they say he was born in denmark, had a criminal record, and was part of criminal activity. he killed a man in a synagogue and the islamic council has condemned the attacks. and the cease-fire in ukraine is threatening to unravel after just one day, with rebels and others accusing themselves of violating the cease-fire. fighting has subsided in most areas after a deal brokered with the help of france and germany. more than 5000 people have died in almost a year of violence there. and people rallying in athens about what is considered to be a day of reckoning. this is due show support for the finance minister who will return to brussels to try to win a bridge loan and to have more time to create a bailout strategy. they could be indicating a willingness t

officials in thailand, singapore and japan have just released gdp results for 2014. our tour starts in thailand, a performer with a volatile record. last year's political strike did nothing to change that roller coaster image. the latest data suggests a recovery is underway, but it's still looking shaky. thai officials released the latest results for gross domestic product on monday. they showed a broad based recovery. gdp grew 2.3%, compared to the same period in the previous year. exports expanded for the first time in four quarters thanks to improved orders for electrical appliances and auto-related products. outbound shipments grew by 4. 9%. manufacturing, construction and hotel and restaurants turned in the biggest contributions. these sectors returned positive growth for the first time in more than a year. the number of inbound tourists saw a 7% recovery. they had stayed away earlier in the year because of the political turmoil. agriculture was one area weighing down on the economy. however, farming contracted 1.6%. the prime minister ceased power in may. in oc

i had an opportunity to be in singapore with the former president who is now 93 years old and i was talking to him on my way to china to meet with president xi, and they said he is not as sort of the henry kissinger of asia for real. but he's a very wise man. and i said to him, i said what are the chinese doing now? and he thought, because we're talking about how rapidly the net i've come to know relatively well resident she consolidated power. and he said to me speaks perfect english. he said they are in america looking for the buried blackbox. it looks at me to secure looking at me like what is he talking about? he said they're looking for that secret that allows america to constantly be able to remake itself, unlike any other country in the world. and i said i can present to chile what's in that blackbox mr. president. i am old enough now. i said, one is that there is come in america there is an overwhelming skepticism for orthodoxy. from the time a child, whether they are naturalized or they are nativeborn day think about it a child never gets criticized and education system for challen

kuala lumpur is 300,000 kilometers from singapore. but most people travel by air. only three trains per day. and the one-way trip takes seven or eight hours. expectations are high for the high speed train line. the project leaders aim to launch the harvest in 2020. international beating for construction is expected to be held later this year . >> an expert says that asean nations that are building high speed rail wings need to ensure the lines are sustainably managed. >> i feel there's another very important factor, which is the financial sustainability. how to provide and sustain, and agreeable financial model between this country. i think is going to be an even bigger challenge become the technology. beyond the technology. >> want to improve the railway network in asean, is being stepped up ahead of the launch of its economic community. the new trains will carry people's hopes for regional integration. nhk world. >>> it's time now for a check of the weather, people in north africa are dealing with a winter chill this week. even residents in morocco are bundling u

this shopping mall in malaysia sells the same clothes as in singapore, but at less than half the price. sales at this shop surged by 15% in december compared to the same months the previous year. >> we're happy. we can shop and buy a lot of things here. >> they are having a serious effect on malaysian people. the price of imported fish and rice. >> meanwhile, the weak currency is having a major effect on people's lives. the price of imported fish and rice has risen. local people like to have breakfast at street stalls but with rising import prices store owners are struggling to maintain their standard prices. one way they can cope is by cutting the amount of rice in each dish by nearly 20%. they also reduce the size of the other ingredients. >> translator: i won't be able to manage if the ringit keeps on rising. i'm very worried about rising food prices. >> reporter: declining crude oil prices coupled with a weakening currency are striking at the heart of the malaysian economy. other countries are keeping a close eye on malaysia to see whether it can minimize the impact while continuin

bbc news, singapore. ♪ >> shouting at the tv.abit many of us have when we disagree with what is being said or our favorite sports team is on. now, your tv could be listening to you. they say their voice activated smart sets do just that, and as we report, they may share details of what they hear. >> do you have any recommendations? >> peter is getting used to talking to his television. >> change channel 218 five. >> the samsung smart tv response to various calls, but until today, he had not read the privacy policy. >> personal or sensitive information, that information will be among the data captured and transmitted through your use of voice recognition. >> i feel a bit annoyed. it was not made clear to me. or when i set up the tv. >> did you actually read the privacy policy? >> no one ever reads terms and conditions so, no, completely missed that. >> samsung insists privacy is its priority. it says the voice information is provided to a third-party during the search and says that samsung does not keep the voice data or sell it t

this follows singapore and switzerland and japan and e.u. central banks taking a monetary easing approach. what should we make of it? why are global central bankers pumping more money into its economies? >> well, i think after three years of mediocre growth and signs that the underlying global growth momentum continues to be soft, and even, and with the sharp fall in commodity prices, energy prices in particular, basically it's made i think inflation worries upside even further and inflation's expectation has dipped somewhat as well. so i think this basically gives room to central bank for countries where inflation is less of a concern to give, you know, the economy a helping hand through a more accommodative monetary policy itself. it's really an expectation of much milder inflation expectation. that gives them the room to ease policy further. >> now, some people see this as a competition among central bankers to devalue a -- the country's currencies. and raise expert competitiveness. do you think this is the case? >> well, if it's not a ca

that is the issue causing singapore a lot of money. oil, six-year lows. on the whole great because it is overall costs like qatar and qantas are willing to remove fuel surcharges but not the case for sing air. scompens remain high. it's maintaining fuel surcharge. it does not really have a choice. hedging and competition will put a lid on sing air's earnings. analysts split on the call. pretty much split on the outlook. nine say buy, eight hold, four sell. credit swiss mcquarry among those saying no. yes, tough days ahead for the carrier, third largest carrier by market value. >> well, also let's see how they turn out, maximize the yield here as well as they put it in the business. they plan to introduce premium economy. what are people telling you about the possible success of that move? >> the jury is still out. it's late in the game. sing air is late in the game. lufe anza, qantas virgin, atlantic and a number of other airlines also off premium economy. it's a competitive space. reviews so far though they are favorable, they say thumb's up. they say yo

core figures out for the fourth quarter of singapore.ad as economists had initially thought. 2.1% growth. estimates were for 1.7% economy in 2014.ust under 3% singapore also keeping its forecast for this year unchanged at 2.2 4%. something worth watching today, bank of korea is expected to keep its 2%. no room for surprises there. worth watching the language. i want to point out the euro. 41.are at 1.13 a down trend is something you want to watch closely. we may pass 1.12. if we do break below, this theort level, watch out for next support level. that would be, more or less, a decade low against the eos dollar. let's take a look at other currencies. a little bit of strength in the end. let's keep an eye on these multinationals in japan. drivinge the stories your markets this morning. >> if you have ever dreamed of giving up the stage and changing her life, he has gone from struggling reporter to a pop thatthanks to a song became the anthem of popular protest. >> this is the song that changed keegan'seegan -- cashi life. ♪ >> he was worki

well, in singapore, you can. look at that. don't spill the soup. female vo: i actually have a whole lot of unused vacation days, but where am i gonna go? i just don't have the money to travel right now. i usually just go back home to see my parents so i can't exactly go globe-trotting. if i had friends to go with i'd go but i don't want to travel by myself. someday. male vo: there are no more excuses. find the hotel you want, and the flight you want, and we'll find the savings to get you there. at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. >>> hello. i'm tim willcox. you're watching "gmt." our top story this hour angela merkel prepares for talks with president obama on ukraine, with no sign of an ending though in the east of the country. >> stay with us for angela merkel arriving in washington for those talks with president obama. also meetings b

singapore is boosting its focus on china. posted their first growth numbers in over a year. >> they want global investors to use global chinese products. it will boost its china account, it will hire a chinese executive, it will also double the number of workers in the next two years. it will go beyond the current arrangement of having just sales and marketing people in beijing. china products are important sgx t to sgx. not surprising that sgx wants to boost their business, especially at a time where business at home is pretty much stagnant. >> the sgx suffered another disruption in december. what is he doing to address that issue? >> expect an upgrade of its platform. it is under way. they are heeding the call from the authorities. they were issued a warning that supervisory action would be taken if needed. we know an investigation is underway and the findings are due next month. sgx has to be really careful. there have been several incidents that could lead to a drop in market confidence. more than a year ago a penny stock

that's if they follow the example of one restaurant in singapore, which now has waiter drones.re, has been to find out how they work. >> reporter: i've been to restaurant where the service is too slow. but imagine if you didn't have to wait for your waiter to come all the way from the kitchen to your table? i've ordered some food on this tablet and here it is. no leg work. the drones have done all the leg work for him. >> thank you. >> this is how it works. the order comes in here. the chef plates up the food. it's placed on the drone. and off it goes. they're programmed for the right table. but what happens when there are lots of customers and lots of drones? well one of the people who developed the technology is jun young-wu. what happens when it's busy. >> we have technology to allow many drones to contained in a environment without colliding with one another. and it doesn't collide with obstacles or humans. an analogy would be like flying in the sky in formations. >> what about spillage? for example, a bowl of soup? >> each drone has a gyroscope in its that's able to balanc

we do not see any changes in our fundamental belief in our commodity. >> singapore is not greece. holdings have critiqued standard & poor's. it says singapore cannot get be put in the same way as riskier countries like greece. >> moving on from the hack attack. amy pascal is stepping down from her role as cochairman of sony pictures. facin criticism after hackers made public jokes about president barack obama. she is said to start her own production venture. >> coming up, we are live in moscow ahead of those meetings. and we will also talk rubles with a chief fx strategist. shall we have a look at the markets? >> ok. interesting to hear the new ceo of statoil talk about the volatility in oil. that is where we are in the equity markets. the italian market is one of the few to be trading hig i want to show youher. oil. monday we are trading at 51. today we are trading at 57. we have seen a 10% range for the price of crude this week. an economy based on oil prices, life is incredibly difficult. volatility absolutely i watering in this contract. jonathan ferro was talking about it pop

in singapore, that's been about $200 and the actual birth will cost $6,000 to $7,000. so how does it compare to the rest of the world. in the u.s. the average is more than four times at $30,000. if you have a cesarean section, you'll need another $20,000. but in countries like the uk canada brazil or south africa you can give birth for free at a public hospital. >> you're basically paying fee for service or ala cart. and everything that you get, you pay for and your insurance company pays for first, and then you typically pay 20 or 30% of the bill. so if you get an epidural in childbirth, you're going to pay for it and those bills rack up. >> and well before going into labor, wherever you live preparing for a new baby is not cheap. from the cot to the clothes, they all add up. sarah is a money saving expert and a mother of four in london. >> a lot of places a lot of them are paid and they could be endorsed by a particular brand that is trying to sell you something, everyone's trying to sell you something all the time. and there are sites all over the world where you ca

. >> i'm from singapore.on't understand thai. >> for members of the asean economic community, most tariffs and visa requirements are expected to be lifted later this year. laos has been busily establishing transportation networks and special economic zones. exports have already surged more than sixfold compared with 2004. while imports have jumped more than fourfold. the laotian capital of vientiane is visibly changing amidst the development. foreign-owned office buildings and shopping malls are now a common sight around the city. the most conspicuous are companies from vietnam. laos's largest investor. sisangvone road in northeastern vientane has seen a surge in vietnamese residents over the past ten years. vietnamese working for vietnamese firms and on construction sites were the first migrants here. soon stores offering food, goods, and other services catering to the workers began popping up. mostly staffed by vietnamese from poorer regions. five years ago an upmarket vietnamese restaurant opened on sisang

singapore's economy grew more than expected and the last quarter. u.s. recovery and falling oil prices boosting demand. ahead of what economists have been calculating, take a look at capital land. his valuations of investment properties. revenue, 1.5 billion singapore dollars, more than one billion u.s. dollars. a look at the shares there up 1.1%. fisa has been trying to restructure. they are set to cut a deal by the end of march and complete the process in april. it is a key condition as shares failed to rival soon at -- sun ac. >> china was out with property -- percentagewise, it was less than they did in the previous month. christine is going to the numbers. where arewhat are people suggesting? >> the headline numbers that you just had suggest prices could be flattening out. we saw the government cut rates in november and they cut the reserve ratio recently and the central bank has been very active in liquid in into the bank. -- very active injecting liquidity into the bank. like i said, it is not really reflective of higher home prices overall. there

singapore air hsbc cutting to neutral. they say the stock has done well.rsal robina up over 5%. special dividend declared this money. mtr, the subway system in hong kong, signing this concession agreement for this beijing metro line. we are talking 50 kilometers. three major districts, 29 stations. something to look forward to. china resuming trade today with kaisa looking at an offer of 180 hong kong dollars per share in china. let me leave it there. back to you. >> thanks, david. shares of chinese property firms are among the standup performers today in hong kong following news of a deal to buy in battle rival kaisa. looks like they picked up kaisa and then confidence among investors. >> exactly. 4.5% on the markets. it may be better news for kaisa because it helps the cash-strap developer, it prevents them from being the first chinese real estate company to default on its dollar-denominated bonds. that is the big story. they are continuing to one that chinese companies will default on debt. . it nearly missed a bond payment. warnings by the ratings agen

he's credited with transforming singapore to one of the most wealthy countries in indonesia. he is transferring the government to his eldest son. >>> as the number of ebola cases continues the decline a group of scientists have already come up woo quick diagnostic kit. >> it takes 12 to 24 hours to find whether someone is infected with the virus about there is no vaccine against ebola. so diagnosis is important as quibltion as possiblequblg asquickly as possible. a suitcase that can be deployed anywhere and doesn't need electricity. >> with a mobile kit we can test anywhere, and minimize the victim's exposure. >> initially made to tackle another deadly epidemic, one currently affecting the middle east. the mercerthe mers virus. it is now been used in guinea to tackle ebola where the kit has been used for 2,000 people. senegal has a high level biocontainment facility. dangerous viruses from across west africa are nanlzed analyzed here. there are only a handful of labs like this in west africa. researchers here continue to study the virus to try to find better ways to diagnose

we move south from singapore to australia. this is an eastern brown snake. this is a nearly ten foot hole they've attached a go pro to. >> he quite literally wouldn't touch it with a ten foot pole. >> it's that dangerous. the pest management came to release this thing back into the wild. >> all i care is it's not worth me now. >> you can hear it snapping its jaws. >> that strength behind that kind of strike. can you imagine? that could probably get you from ten feet away. >>> big congratulations to zakia. we're giving away another ipad mini in the show. you'll need friday's buzz word be 18 years old and a legal immigrant. stay tuned for the ipad gave way. >>> you're about to feel bad for one of the drivers in this video. ok guy in the small vehicle trying to haul firewood to a location. it's sad because as he's trying to do this, it's just too much for this little vehicle to handle. before you know it as the driver tries to go forward, the vehicle falls back. >> he needs a running start. he's got to back down and start getting momentum. >> i don't think that

singapore to raise income tax for top earners. of people go to singapore for the low tax environment and the easy regulatory story. the easy regulatory story probably still exists. the taxes, that is becoming a different question. a lot of ex-pats watching this headline. we are back in a couple of minutes. ♪ francine: welcome back. let's have a look at what the oil price is doing. let's get that chart up for you. we're looking at brent in the break. there you go brent at 59. guy: so around $60 a barrel, which is quite a long way north of where we were earlier this year. let's talk about how this is impacting the industry, what is next, what really -- what people really want the answer to. we are joined by one of the united arab emirates leading energy companies. good morning. let's deal with the easy question first. what is happening with oil? guest: i think for the last few years we've had an unusually stable period. it was $110 for four years consistently. suddenly, several things happen in combination. we had chinese growth low

ukraine, and in december an air-asia flight disappeared, crashed while flying between surabaya and singapore, and now we have a plane with more than 50 people on board crashing in suburban taipei today. >> adrian brown live in beijing. thank you >>> now to argentina, where an arrest warrant for the president has been found at the home of a prosecutor who died under mist earous circumstances in january. the lead investigator into the death of alberto nisman said the 26 page warrant was discovered in the garbage. daniel schweimler has more from buenos aires. >> there are those that are likening this case to a spy novel. it's one of the most intriguing that argentina has seen. if it should be made into a movie, the viewers would find difficulty. it's more convoluted by the day. investigators had found warrants for the raft of the president and the -- arrest of the president and the foreign minister. it was denied and admitted by the investigator. it's unclear at this stage whether alberto nisman committed suicide or whether he was killed and who was behind it it's still very uncertain. the pres

in singapore, you have to go for a basic test a final theory test, you have toset sit in lessons and have a driving lesson. if you go through all this you too could park this well. >> are you kidding me? >> the car comes out of nowhere. i don't know what this person is doing. >> like seriously, how do you miss it that badly. >> my only thought is that maybe this person was watching this other person park and this driver thought he was turning, too. >> so there we go. the two sides of th same coin. the most amazing driver in history. and what are you doing? >> this trick has been used for years, but now dave hack is spreading it to the masses. have you ever gotten a gorgeous bouquet of flowers, you put it in a vase, but the vase can't tall enough to hold them in a beautiful place? >> yeah. >> cut the stems, it's never high as you want it's never perfect. >> so all you have to do is the florist's trick. you fill the vase with water, dry off the top rim with a paper towel, and then just use a little tape. watch this. it's simple. and then you have an automatic flower holder that makes y

in 2013 the singapore airlines flight from singapore to longdon hitter ribble turbulence as the flight attendants were serving breakfast, and then the seat belt sign was turn ded on, and then they dropped 6,100 feet. and food flew and coffee hit thele ceiling. one passenger told reporters that anything that was not tied down hit the ceiling as the plane dropped. >> suddenly it felt like we were in an elevator, and somebody had cut the cable. >> oh my god. >> reporter: and when the ash yaw na flight 214 crashed in san francisco in july 2014 two pas is en jers with were eject predators the plane, and it was late later found that they were not wearing their seat belts. both died but one of them 16-year-old boy survived the crash only to be runover by an emergency vehicle respond ing toing to the scene. the ntsb found that if those two pats sen -- passengers had been wearing their seat belts they would have remained inside of the plane and survived. the seat belts may help the passengers survive, but in some cases they can trap them in their seats. on wednesday, this transasia plane crashe

in 2013 in singapore airlines flight from singapore to london hit terrible turbulence just as flightg breakfast. the plane reportedly dropped 65 feet injuring 11 passengers and one crew member. food flew coffee hit the ceiling. one passenger told reporters anything that wasn't tied down hit the ceiling as the plane dropped. >> suddenly it felt like we were in an elevator and somebody had cut the cable. >> oh, my god! >> reporter: when asiana flight crashed, a 16-year-old actually survived only to be run over by an emergency vehicle responding to the scene. the ntsb found had those two passengers been wearing their seat belts, they likely would have remained inside the plane and survived. seat belts may help passengers survive, but in some cases, they can trap them in their seats. on wednesday, this transasia airways plane crashed into the river shortly after take-off in taipei. with the cabin already chest-deep in water, rescue crews found passengers tangled in their seat belts, hanging upside down. one 72-year-old man said he helped save four people by undoing their seat belts. he s

in 2013 this singapore airlines flight from singapore to london hit terrible turbulence as flight attendants served breakfast. immediately, the fasten seat belt sign was turned on. the plane reportedly dropped 65 feet injuring 11 passengers and one crew member. food flew, coffee hit the ceiling. one passenger told reporters anything that wasn't tied down hit the ceiling as the plane dropped. >> suddenly it felt like we were in an elevator and somebody had cut the cable. >> oh my god. it's an accident. >> reporter: when asha nah flight 270, two ejected from the plane because they were not wearing their seat belts. both dyed though one of them 16-year-old yimang sws wan survived the crash only to be run over by an emergency vehicle responding to the scene. the ntsb found that had those two passengers been wearing the seat belts, likely would have been remained on the plane and survived. seat belts may help passenger survive but in some cases can trap in their seats. on wednesday, this transasia airplane crashed into the river shortly after takeoff in taipei. with the cabin already chest deep i

still to come two decades after one of the world's biggest financial collapses, we hear from the singaporeat the center of the scandal. were lessons learned? i know this guy... konohito... and this guy... who knows a guy. hey guy. i know a guy in new york, vegas, dallas. i've known some guys for decades and some, nice to meet ya, let's deal. my competitors may know a guy, but i know over 60,000 guys. and gals. exclusive hotel deals - up to 60% off...priceline.com hershey's miniatures. we pour 'em! we pass 'em! we pick 'em! delicious fun for everyone. hershey's miniatures are mine, yours, our chocolate. thought i told you to stay off our turf. >>> this is bbc world news with me alice baxter. the latest headlines. the man known as jihadi john who carried out a series of high-profile islamic state beheadings has been named as mohammed emwazi from london. >>> for more about jihadi john's possible links with the somalian militant group, al shabaab, let's talk to tommy who's in lagos for us. and tommy, what is the link between i.s. and al shabaab? >> well this link is only just coming through, b

some items are selling at half the price of singapore. thanks to the influx of cross border customers, more operators say sales jump 15% in january. >> i think the things here are cheaper. >> very happy and can shop a lot and buy a lot. >> i think we're benefitting. at this rate, we can buy more stuff. >> reporter: for local shoppers, there's far less to celebrate. the markets have trigger inflation. prices rose 3.2% in 2014, up more than a point from the previous year. and people are paying more for daily necessities. this stand offers a typical breakfast. one plate costs a little over $1. but they are struggling to keep the price down. she's putting less rice in the bowl. she's also adding less meat. >> translator: if it continues to fall, we won't be. able to survive. i'm so worried about the rise in food prices. >> reporter: falling oil prices aren't just fueling inflation. they are also hurting the national finances. malaysia is the second largest oil and gas exporter in southeast asia. the government depends on energy revenue to fun

now, in this part of the world, probably about 300, 350 from malaysia, indonesia, a handful from singapore. maybe the philippines who have gone. they are not all going to i.s.i.s., that's where the trick lies to exploit the differences. >> did you think the government in the countries need to do more to prevent radicalization turning to extremist groups. >> i think no country figured out a way to do this effectively, you have to attack it from different nodes. you have to look at the prisons where terrorists are incarcerated. you have to look at the appeal over the internet. you have to look at youth programs. you have to look at the economic incentives offered by i.s.i.s. to families to come over with children and their wives. >> good to get your perspective on this. sydney jones joining us from jakarta. thank you for your time. >> the united states federal judge has temporarily blocked president obama's controversial immigration plan. the executive action would have spared a raping of undocumented immigrant from being deported. the delay now means an estimated 4 million people looking to

the plane crashed into the java sea in december while flying from indonesia's second largest city singapore 162 people were killed. i'm greg jarrett, now back to cavuto on business. >>> okay. tax breaks were illegal, the irs saying that the president's executive action for illegals mean a lot of them get refunds on money they earned on illegal. the argument goes i think like this, they worked here, some have filed the numbers that you have to register, saw that you were working and paying taxes and they're due the money back. what do you think? >> i say, let's take it a step further and just cut checks to people when they sneak into this country illegal and just hand them out. >> we can do that, we can do that. >> we're going to go trolling for people in this country illegally and just give them $500 a piece. on the surface it makes sense, but you're rewarding people for being here in this country illegally. now of course this means if you get a refund, you getted earned income tax credit, you've been paying your taxes it remains to be seen how many were actually -- >> charles payne, they h

. >> if you compare thailand to singapore or hong kong, we don't have the luxury. we do everything our self. >> small and medium sided businesses make up 97% of all thai companies. >> no small or medium business loans. this is a common practice. >> thai commercial banks favor traditional business plans not startup ideas like watch box 24. when he asked for a loan, they told him no. he entered a startup contest. a select few families control the vast majority of retail and real estate in thailand. they are deep-rooted and well-connected. >> this convenience store is one of thousands have outlets owned by the central retail company everything from small shops up to luxury malls. because of market reach watch box 24 recently started working with central. some believe these huge companies are part of the reason thailand startups struggling. >> the economy's being controlled basically by about 10 families. we need to empower the 65 million people and not just the 10 families. >> until that happens most looking to get their startups off the ground will have to look farth

. >>> singapore is a gathering place of people from china, malaysia, india, the philippines and manyday, asian voices speaks with a film director who has captured the world attention by raising questions on some of the social issues in this city state. [ speaking foreign language ] >> a singaporean film "ilo ilo" depicts a relationship between a boy and his parents who work

singapore's economy grew more than expected last quarter. grew at 4.9% in the fourth quarter. the growth was thanks to a strengthening recovery in the u.s. and falling oil prices. iran's oil minister says his ministry will not be able to pay staff or invest in production if parliament proceeds with a plan to slash funding. a jobs bill would cut the ministry budget down to 3 billion. iran's crude exports are banned in europe because of a dispute over the country's nuclear program. you can find more about that story on bloomberg.com. >> join us on twitter. yes, do join us on twitter. the year of the goat. join us on twitter. i was trying to remember -- i think i have done the china story. >> our great leaders born or made a --re great leaders -- are great leaders born or made? stay with us. ♪ >> these are the bloomberg top headlines. it is planning to sell 2.5 million euros of property. the lender seeks to strengthen its balance sheet. italy, germany, and austria are among the assets that unicredit plans to target. rbs may have to set aside an

during the bankruptcy process but they have more than 100 locations in the united states canada and singapore. >>> and from our delaware bureau now, new figures show a record number of delaware students are staying in school. the state education department report shows the dropout rate for high schools in delaware is the lowest it has been in 30 years. they credit the increase in support programs to encourage kids to stay in school. >>> and the united nations ambassador samantha powell will address graduates at the university of pennsylvania. her and her husband will be presented with honorary degrees. the ceremony will take place may 18. >>> and 17 minutes past 5:00 right now, we'll get you updated on the roads. >> the first alert traffic reporter jillian mele is watching for problems out there. good morning. >> good morning. we are watching majors in the lehigh valley where things are quiet and off to a good start. this is a live look at route 22 at 309. 22 is clear right now of any accidents the entire length so that's good news for drivers. as you can see, it is very quiet out there. just