looking from singapore, do you think that is true? singapore is a small country.find it useful and, infact, essential that we are part of a regional group — asean. it is not as ambitious as the eu, it doesn't aim for political union or total economic integration, but it is a life raft which gives your voice a bit more influence in the world. britain's international trade minister, mr liam fox, has been in singapore, just over the last few days. did you meet him? not this time — i've met him before. i think he met your trade official. yes, he did. britain now is very eager to begin work on very far reaching bilateral trade deals and obviously, as an important trading nation in the world, they are looking at singapore. do you think singapore — are you already in negotiations? we are not in negotiations but we would be willing and happy to do that when britain is ready. i think you have many countries with which you wish to do deals, starting with the united states. you have to do that. but the fact is, you are doing it on your own. there is an active debate in the u

singapore needs to investigate those allegations and make sure singapore is not using its open trading environment to evade actions. -- evade sanctions. would you ensure that we get full compliance with the north korean sanctions? >> as president trump has said, north korea nuclear proliferation program is one of the most immediate crisis we face. whether it is a technology issue or whether it is proliferation for goodsent points going to north korea of any type, it is important that we have the international agreement and enforce them. you have my complete confidence that if i am confirmed we will do that. it is hard to get the attention of north korea and less china gets involved. we have to make sure the pressure is intensified so that north korea does come to the bargaining table. island isof northern very important to tens of millions of irish in the united states. following his nomination by president clinton, senator george mitchell chaired the party negotiations that ultimately produced the good friday agreement of 1998, it ended years of bloodshed but a crisis in northern isla

aircraft operating out of singapore. our combat ships on the naval base and affect uss coronado one of the navy's newest ships is currently in singapore harbor and my daughter sitting right behind me lieutenant mcfarlin is one of the sailors that took the coronado permits construction shipyard through its commissioning. and third, we have a lot in common. we are both nations were people of different races cultures and religions have come together to create a meritocracy in a democracy in our free-market economies economies are innovative, dynamic and entrepreneurial. even so we urge them to go further in their human rights agenda. we urge them to continue their efforts to curb human trafficking building on their adoption in 2015 of the prevention of human trafficking act and we urge them to expand their political freedoms, freedom of speech and assembly in the free press to senator cardin i listen to your remarks and i agree with them and i know the power of them film. march 301981 ronald reagan spoke to the afl-cio here

singapore understands its responsibility. only 5.5 million people and land mass about four times the size of washington or for a new yorker like me, like new york city without staten island. it's a small place but poses big particularly in a security relationship. singapore spends close to 4% of gmp on defense and out of every -- of its entire national budget is spent a number of things but one out of every three or four dollars is spent on defense. a lot of military equipment they buy is american military equipment, as you know, singapore buys planes from your part of the world and trains in wyoming. singapore military, because it is a small area, they have bases elsewhere, they have training facilities in the united states. and in other parts of the world that they then use that equipment as they come home to singapo singapore. i think those things, the fact it may be small, have a small population but it's a hub for so many things and it's an important part of the world that we need to be in and, particularly, as you menti

this cuts to the heart of what singapore is.s squeaky clean, tightly controlled image in a region that has seen a lot more corruption and political turmoil. these are some of the more serious allegations of abuse of power and corruption that singapore has seen in recent years. what more, it involves the prime minister who happens to be the son of the revered founder of modern singapore, lee kuan yew. so the lee family is the closest thing that we have to royalty, our first family, and they are very tightly disciplined. it is rare to see such public displays of acrimony and see this public feud spilling out into the open. it has mesmerised singaporeans. it has really surprised so many people. tell us, what is this dispute all about? is itjust about the house? on one level, it is. it is a private family dispute about what to do with a dying man's wishes. lee kuan yew has said before that he wanted to demolish the house so the siblings are saying that. but there's other views as well that perhaps he wanted it to be partially kept o

now on bbc news, all the latest business news live from singapore.t has been a bumper week of earnings fall the tech names, but is on shares fall after earnings miss their mark. —— is on shares. —— amazon. and as the us company on track to meet president trump's ambitious goals? second—quarter gdp figures are released today. hello, and welcome to asia business report. i'm sharanjit leyl. it has been a big week of earnings from tech companies, household names, with services that are very much part of a everyday lives. we have seen fantastic quarterly results from google‘s parent company, alphabet, as well as facebook. but the latest, twitter, has bucked the trend. its quarterly report card showed the company's quarterly report card showed the compa ny‘s revenue was quarterly report card showed the company's revenue was down about 5% and advertising revenue fell by about 8%. now, the microblogging service hosts about 328 million active users every month worldwide. that is unchanged from the previous quarter. 79% of the accounts are registered to users

which is quite long in singapore terms.been resolved in some form of the other and why not legal action? why not a public enquiry? why is this dragging out. there has been allegations thrown at the prime minister on facebook. an indian teenager is living out his own billy elliot story after being given the chance to study at one of the world's most prestigious ballet schools. sixteen year old amir shah is the son of a welder and grew up with his six siblings in a low—income neighbourhood of mumbai, but his extraordinary talent will soon take him to new york. the bbc went to meet him in mumbai. i was invited to come to mumbai to teach ballet. i—dayer walked around the studios and a sort of little boy with what he called the right instrument. he moved very easy but no training. so i asked him if he will come to my ballet class. and after one class, i knew that a one the lottery. ——i won the lottery. he immediately learnt the language of ballet in a few weeks. there is no correct floor, there is no studio space. in order to tr

let's get the business news from singapore.will release second—quarter earnings later today. how do they benefited from the improving us economy? —— how they benefited. and find out why a japanese giant is investing big in football. hello, and welcome to asia business report. i'm sharanjit leyl. the us economy has improved. the banks have passed their stress test and the federal reserve chairmanjanet yellen, has said any rate hike will be permitted gradually. so will all this translate to higher profits for us banks? che citigroup, jp morgan and wells fargo will all be releasing their second—quarter earnings later today. friday marks the big kick—off of rank and earnings, when three big financial institutions report. what can we expect? analysts are not expecting this past quarter to be much amazing. you'll remember when donald trump was elected, us markets we re donald trump was elected, us markets were downright euphoric. the tax reforms and infrastructure spending we re reforms and infrastructure spending were going to boost

sharanjit leyl is looking at this for us in singapore a sigh of relief in singapore?ttle bit of a side. —— sigh. it was thanks to a pickup in global demand that led to singapore narrowly dodging this recession. it was specifically growth in its tech exports. its electronics, its position in engineering industries. but growth at 2.5% for the second quarter was actually less than expected. now what's interesting is the economy here is very trade reliant. it usually access a good bellwether to how the global economy is forming and analysts have been voicing lots of concerns about the sustainability of singapore's growth. it is very dependent on an electronics. they say in the future they will have to rely on things bike services to help offset any slowdown. we also saw for instant the construction sector was weak and economists are saying essentially that they are looking for a slightly better 2017, but are still remaining cautious on how factors outside singapore goh. so really it is all due to the global economy. all right, thank you. before we go, a quick look at the

a number earnings coming through at of singapore. 26%.profit coming through in singapore was very solid with strong rallies coming through from the singaporean banks. dbs also looking good. nintendo looking solid in the tokyo session, first quarter profit after the bell yesterday was a strong beat. andung off record highs fortescue metal slightly higher. fourth quarter iron ore shipments rising by 3.4%. south korea's want leading the gain but a lot of movement coming through from commodity currencies. no currency weaker against the dollar in asia today. much. thank you so markets have been driven by what the fed is doing right now but we did get some data points out of asia this morning, especially south korea. second-quarter gdp figures out. bang in line with estimates, growing 2.7% on the year but this was still a slowdown from 2.9% growth in the previous quarter. dbs bank saying this was because but allall in exports in all temporary. retail sales rolling. samsung at record highs, not surprising given their profits at the estimates. su

we are pretty confident on the singapore market.g to start turning and growing from this point on. the other thing you are doing is you are trying to target the elderly market, thatis trying to target the elderly market, that is a problem in asia. tell us how you are doing that? in australia, we are the largest owner and operator. it has been a core pa rt and operator. it has been a core part of our business. china has a great need for singular living product. we will see a huge increase in people over 65 in china. they are aiming to really drive back to private industry. we feel there is a great opportunity for us to use our skill sets and bring our owner— operator approach to china. we do that interest rates are on the rise in the us and elsewhere. how is that going to impact your business? globally we have been adjusting to that strategy for quite a while. clearly for us as a business, we have been trying to diversify our portfolio and make sure we are taking the right opportunities at the right time to grow our portfolio interna

james poole joining us live out singapore. in fact, let's say in sankara. cbcher earnings report, o delivering a strong start to the earnings season there, posting a forincrease in net income the second quarter. linda joins usof singapore to break the numbers down. >> david, like you said, better-than-expected numbers. when you take a look at the stocks right now, up 1.2%, net coming coming up in just under 800 million u.s. dollars, up 22%. analysts had a rise of about 5%. so way exceeded expectations. is the second largest bank in southeast asia. spots, wealthight management, insurance, helping to offset the impact of slowing growth. we've already seen how the private banking unit has been gaining strength, climbing four places to rank seventh in all of the largest private banks in terms of assets. well in theretty space. ?avid, heidi >> yeah, it has. i mean, it is a challenging it, when it isn't cbc.s to lenders like o lessening all? >> they've been grappling with a slump in the oil and shipping industry. it's been brutal for all companies. it's been toug

i'm sharanjit leyl in singapore, the headlines: facing more questions over russia: two us senate committees say they want to speak to donald trumpjunior — and former campaign manager paul manafort. what now for us healthcare? president trump admits his plans for reform have failed but insists it's a temporary setback. we will lead to the democrats will come to us and ask asked how do we fix it. all, how do we come up with a new plan? i'm babita sharma in london — also in the programme. the madagascan lemur, already "critically endangered", faces a new threat — from illegal sapphire mining. and — putting politics in the picture: a singaporean artist courts controversy with a graphic novel about the city state. good morning. it's 8am in singapore — one in the morning in london — and 8pm in washington where the trump family's relationship with russia is under renewed focus. two separate us senate panels want to hear testimony from mr trump's eldest son and his former campaign manager. it's also emerged that president trump had a previously undisclosed meeting with president putin at the 620 su

professor subrata mitra is from the national university of singapore.ith a statement, which made some people believe the prime minister was condoning it. that is no longer the case. he has come out categorically against lynching. the police are being proactive. this has been a very divisive issue. what is the reaction on the streets? what is the reaction of the indian people? the reaction has been quite ferocious. there is a movement called, not in my name. it is a class of educated hindus who do not want vigilantism. what could happen if there is a ban? it's not clear yet what is being banned. is it the killing of the cow, consumption or the sale? a lot of grey areas would have to be cleared by the supreme court. yes. india is a federal state, with different rules in different states. some states that are muslim majorities or have christian populations. they believe that beef consumption should be allowed. so, is india going to have one general rule? that is the problem for the supreme court. they are the only authority which can define if there is goi

i am rico hizon in singapore. the headlines. donald trump's sun reveals e—mails he was keen to use russian information to dig dirt on hillary clinton. this is a serious situation and one that is a long way from home. a $2 million boost for family planning as governments around the world pledged to make contraception more widely available. also in the programme. china is putting on quite a show with the promise of a golden age of trade along the new silk road. they have built twice as much high—speed rail as the rest of the world combined, pushing to the far west. and leading fashion but facing racism. we meet south korea's first black male model. live from our studios in singapore and london, this is bbc world news. it's newsday. thank you forjoining us. it is 7am in singapore, midnight in london, and seven in washington, dc, where the investigation into donald trump's links with russia has taken another extraordinary twist. donald trump junior as revealed e—mails showing he was eager to accept an offer from the russian governme

it's 7am in singapore and midnight in london.art in the philippines, where president duterte will deliver a second state of the nation address to a joint session of congress. he is expected to talk about the ongoing and controversial war on drugs, the conflict in marawi against islamist militants and economic policy. howard johnson has more from manila. this will be anya shrubsole second state of the nation address. it is a chance to him to set out his vision for the philippines in the years ahead. a spokesperson said he will be speaking about terrorism, he will be speaking about terrorism, he will be looking at the conflict in morale we, on the island of mindanao. —— marawi. there have been more than 570 deaths. his extension of martial law on minder now. —— minder now opposition groups will be speaking out as well, putting together an alternative state of the nation address and that is likely to heavily criticise rodrigo duterte for his record on human rights during his campaign on his war on drugs. howard johnson in manila, an

i'm sharanjit leyl in singapore. i'm kasia madera in london.der way in germany, president trump has suggested that the future of western civilisation is under threat from terrorism and bureaucracy. and north korea celebrates its latest missile launch as mrtrump says he's considering a very severe response. and manchester united are set to make a major signing having agreed a fee of around $97 million with everton for star striker romelu lukaku. the belgium international scored 25 premier league goals last season. if the deal goes through he could play a major part injose mourinho's team's bid for the title next season. that story's popular on bbc.com let's take a look at some front pages from around the world. the china daily turns its attention to the north korean missile crisis. it highlights how china's president xi is insisting on a peaceful resolution. and it points out that even south korea has praised beijing's handling of the crisis. the japan times focuses on what it calls the country's once—in—a—decade storm. as the rescue operation g

uob down, but the singapore banks rallied yesterday.gapore airlines returned to profit helped by a surge in the number of passengers and a recovery in the air cargo market. , up by 1.3%ng noble after that 31% tumble yesterday. the international swaps and derivatives association will meet on august 1 to discuss whether the extension will constitute a restructuring affect. across the region, it is only real estate in the black. thank you for the market update. , checking shares of that, down 7.5%. for reasons why, let's get it over to singapore. tumbling afterba a u.s. judge ruled his court can consider western digital's request to block the sale of its chip unit. toshiba argued that as a foreign company it should not be under the authority of a california court. the joint venture parties agree to binding arbitration in san francisco, toshiba committed itself to the laws of california. rose assmall caps investors search for bargains and one of the worst performing corners of the global equity market. heavy chinext rose, some stocks surgin

in singapore, the headlines. america tells the un that north korea's latest missile test is a sharp military escalation. the united states is prepared to use the full range of our capabilities to defend ourselves and our allies. hundreds of thousands flee their homes as severe floods hit southern japan. i'm kasia madera in london. also in the programme. the four arab nations who've fallen out with qatar say their blockade will continue. and no sex please, we're japanese. why more and more young people injapan are embracing celibacy. live from our studios in singapore and london. this is bbc world news. it's newsday. it is eight a.m. here in singapore, one a.m. in london and in new york the trump administration has warned that north korea following pyongyang's first ever launch of missile that could — in theory — reach the united states mainland. the us ambassador to the united nations has said america would use what she called the ‘full range of our capabilities to defend ourselves and our allies‘. russia and chi

it's 7am in singapore.t in london and 7pm in venezuela, where one person has been shot dead and three others have been injured while waiting to vote in an unofficial referendum. this video is believed to show people rushing this video is believed to show people rushing away from the scene where gunshots were fired near a polling station on the outskirts of caracas. the unofficial referendum has been organised by the opposition against government plans to rewrite the constitution. president nicolas maduro has dismissed the vote as meaningless. our south america correspondent katy watson is at one of the polling stations outside the country, in sao paulo. it was a steady stream of people queueing up on sunday. venezuelan handing over their id cards before casting their vote. it is purely symbolic, held the cause of the opposition is angry for the government ‘s plan to effectively rewrite the constitution. they are asking the people whether they want this in the first place. people are worried the vote is just

they own an online groceries provider in singapore.of just 5 million people. you might ask why do these big names come to singapore? according to amazon, what they said to me earlier today, it has a tech savvy customer base, and it generally, what works in singapore might work in southeast asia. but logistics and infrastructure will be major challenges as they try and expand in the region. thank you. let's have a look at the markets. japan's nikkei inched up, reflecting a rally in riskier assets around the world. a sharpjump in game maker nintendo helped too — on the back of stronger—than—expected profits. the rally in stocks was driven by the federal reserve keeping interest rates on hold in the us and investors sensing that they may not rise again this year. that caused a sharp fall in the value of the dollar to its lowest level in more than a year — but it helped push the us markets higher, to fresh record highs. the dow gaining almost 0.5% after boeing shares soared nearly 10% after a strong earnings report from the plane maker. le

kathleen: a quick question as we shipped to singapore -- as we shift to singapore.ret: second highest ever since the opening, largely driven by the vips admit. it is -- vip segment. it is a volatile business, cannot really be productive as to whether it will go further ahead. it is changing commission structure, which i think is interesting when it comes to the vip segment. that helps to widen profit margins overall for the market and four in particular las vegas sands. it will be interesting to see how they play off its competitor. kathleen: thank you for joining us tonight. we are going to continue to look at earnings from casinos. we are going to very special movie theaters. we are going to talk to imax china's cfo about its second quarter results. this is bloomberg. ♪ yvonne: this is "daybreak: asia" i'm yvonne man in hong kong. kathleen: i'm kathleen hays in new york. imax missed expectations in the second quarter, revenue came in at 87 point $8 million, 2 million below average estimate. adjusted earnings per share matched forecasts of $.15. before the report,

i'm sharanjit leyl in singapore. the headlines: donald trump's plans in disarray. the president falls short of votes in the senate to repeal and replace obamacare. ican i can tell you the republicans are not going to own it. we will let obamacare fail, and then the democrats are going to come to us, and they are going to say how do we fix it? how do we fix it? more trouble for the trump family, as the president's eldest son could be called to testify in congress over allegations of russian interference in the 2016 election. i'm babita sharma in london. also in the programme: the philippines president, rodrigo duterte, asks for martial law to be extended in mindanao so he can crush a rebel uprising. and how a singaporean artist has to tread a fine line with his graphic novel about the city state's political past. anything that is inaccurate or libellous, then you can get in trouble, get sued in court or something. good morning. it is 7:00am in singapore, midnight in london, and 7:00pm in washington, where donald trump's latest attempt to deliver on a key election pl

i'm sharanjit leyl in singapore. the headlines: as he arrives in europe, president trump calls on the west to defend itself against the threat of islamist terrorism. america and europe has suffered one terror attack after another. we are going to get it to stop. i'm kasia madera in london. also in the programme: as north korea celebrates it's latest missile launch, the united states says it's considering a very severe response. and a joint european—japanese venture to the planet mercury that's been 20 years in the making. good morning. it's 8am in singapore, 1am in london and 2am in the german city of hamburg, where riot police have clashed with demonstrators as world leaders gather for the g20 summit of leading economies. although it's not officially started, president trump has already grabbed the spotlight. speaking in poland just before the summit, he's said western civilization needs to defend itself. and ahead of his meeting with president putin, he's called on russia to stop destabilising other countries. jon

i'm rico hizon in singapore, the headlines. tensions rise in venezuela, a women is shot dead and three others injured while waiting to vote in an unofficial referendum. a major horsemeat scandal as police arrest more than 60 people across europe accused of trading meat unfit for humans. i'm babita sharma in london. also in the programme: the swiss star does it again, roger federer makes history, winning a record eighth wimbledon men's singles title. it's the doctor, but not as we know it. the bbc reveals the latest actor to play the iconic tv time lord. it's 8am in singapore, 1am in london and 7pm in venezuela, where one person has been shot dead and three others have been injured while waiting to vote in an unofficial referendum. this video is believed to show people rushing away from the scene where gunshots were fired near a polling station on the outskirts of the capital, caracas. the unofficial referendum has been organised by the opposition against government plans to rewrite the constitution. president nicolas maduro has

and rico hizon in singapore. the headlines. these two diplomatic compounds in the us, retaliation if it doesn't get it. two weeks after north korea's intercontinental ballistic missile test. military talks with pyongyang. i'm babita sharma in london. also in the programme. australia says it will force tech giants like apple and facebook to handover in cryptic messages as part of theirfight handover in cryptic messages as part of their fight against crime and terrorism. and after a six—month battle, the controversial film lipstick under my burke passes the test. —— burqa. live from singapore and london, this is bbc world news. it is newsday. it's 7am in singapore, midnight in london and seven in the evening in washington, dc. there have been talks which have been seen as a test of donald trump's ability to improve relations with moscow. russia is demanding that the us unconditionally hand back two diplomatic compounds seized by the obama administration last year. 35 russian diplomats were also expelled over suspicions of meddlin

thanks for joining from singapore and london.bye. good morning. there's rain in the forecast for the next few days, but i think the important message is it's not going to be raining all the time. that's certainly the story for today. some wet and windy weather for a time, but not all the time. we have low pressure pushing this band of cloud in from the atlantic and that will bring some outbreaks rain eastwards through the day. with that wet weather some fairly strong and gusty winds. we start the morning in northern ireland and western scotland, wales and the south—west with this rain. we then move across the midlands, north—east england, east scotland, eventually rain to the south—east, but by this stage the wet weather is light and patchy. behind the rain that things might not. there will be showers across northern ireland and scotland into the afternoon. some of them will be heavy and the wind is still fairly blustery. the rain holding on across the far north and east of scotland right through the afternoon. a fairly cool and

i'm rico hizon in singapore. the headlines: president trump's son releases e—mails revealing he was keen to use russian information to dig the dirt on hillary clinton. democrats say the disclosure is deeply disturbing. all of the campaign denials of whether we knew this was going on, whether we knew this was going on, whether the russians had an involvement, whether the russians helped his campaign, obviously now have to be viewed in a completely different context. a $2 billion boost for birth control. governments pledge to promote contraception around the world. i'm babita sharma in london. also in the programme: celebrating the silk road. china hopes its trillion—dollar project will unite the country and usher in a golden age of trade. and meet south korea's new face of fashion, defying conventions on the catwalk. it is 8:00am in singapore, 1:00am in london and 8:00pm in washington, where the investigation into the trump campaign's links with russia has ta ken another extraordinary twist. donald trumer, the pre

i'm rico hizon in singapore. the headlines: pressure on beijing to release a chinese dissident dying of cancer. "show humanity" says the german government. translation: i can assure you that this tragic case is of great importance to the chancellor and she would hope for a sign of humanity for liu xiaobo and his family. iraq's prime minister declares victory in mosul three years after so—called islamic state took over the city. i'm babita sharma in london. also in the programme. from the old silk road to the new — a special report on the trillion—dollar project linking china with europe. with no other country offering a big idea right now, this is the most ambitious did to shape our century. and a shock early exit from wimbledon for rafael nadal, knocked out in a five—hour five set epic by gilles muller. it's 7am in singapore and the same time in shenyang china where china's most famous dissident, liu xiaobo who's dying of cancer, is the centre of a diplomatic row. germany, whose doctors are treating mr liu, has

i'm sharanjit leyl in singapore, the headlines. president duterte prepares to set out his vision for the philippines, in his state of the nation address. nine people, including two children, are found dead in the back of a truck in texas — police say they were victims of people trafficking. i'm babita sharma in london. also in the programme. six months into his presidency and donald trump's strategy in afghanistan still isn't clear — we take a look at his options. and, the new film offering a rare insight into the culture of china's hui people. good morning. it's 8am in singapore and 1am in london. we start in the philippines, where president duterte will deliver a second state of the nation address to a joint session of congress. he is expected to talk about the ongoing and controversial war on drugs, the conflict in marawi against islamist militants and economic policy. howard johnson has more from manila. this will be president duterte‘s second state of the nation address. his first one this time last year, when he came to power

i'm rico hizon in singapore. the headlines: a threat to the security of america. the us secretary of state confirms the weapon fired by north korea is an intercontinental ballistic missile. the first ever visit to israel by an indian prime minister, narendra modi says he wants to expand the relationship between the two countries. i'm babita sharma in london. also in the programme: we report on a plan to ban motorcycles from the traffic—choked capital of vietnam, but will the bold ambition prove effective? translation: i ride a motorbike every day to earn money. if the authorities ban motorbikes, it will affect me a lot. i will lose myjob as a motorbike taxi driver. and india's tobacco farmers come under pressure from health campaigners with millions ofjobs on the line. live from our studios in singapore and london. this is bbc world news. it's newsday. hello there. it's 8am in singapore, iam in london and 8pm in washington, dc, where the us secretary of state rex tillerson has confirmed that the weapon fired by north korea on tuesday was an intercontinental ballis

i'm rico hizon, in singapore. i'm babita sharma, in london. ballistic missile for the first time, representing what he called a representation of the security threat to the us and its partners. 0n the first visit to israel by an indian prime minister, narendra modi says he wants to transform the two country's economic and security ties. and violence like in the film a clockwork orange. more on that on bbc .com. let's take a look at some front pages from around the world. the china daily leads with a picture of president xi jinping shaking hands with russia's president putin on his visit to moscow. the papers says president xi described their relationship as unsha keable, saying, "no matter how the outside environment changes china amd russia's relationship will not be affected". the arab news looks at the increasing diplomatic crisis between saudi arabia and qatar. the gulf countries are meeting in egypt on wednesday to decide whether to continue sanctions they imposed on qatar. and finally the strait times looks at the allegations of his misu

i am sharanjit leyl in singapore. thank you for watching. president trump's son—in—law, jared kushner, insists he didn't collude with russia during the us election campaign. the parents of terminally—ill baby, charlie gard, have given up their legal fight to go to the us for experimental treatment. consumers in the uk could save up to £40 billion by 2050 through major changes to the way electricity is made, used and stored. the government plans to invest a quarter of a billion pounds in new technology — as richard westcott reports. from obvious things like our phones to london's new whispering black cab. here on secret tests in norway. to this experimental aircraft, battery power is taking off around the world. the problem is, they still run out too quickly, so today the government's promised to invest millions improving the technology. for the next generation of battery technology, there is nowhere better in the world than britain, not only to have the ideas, but to turn them into manufacturing plants to create good jobs. right now, britain

now on bbc news, all the latest business news live from singapore. foxconn announced a ten million dollar investment to build a manufacturing plant in the united states. on facebook reports a major bump in profits. hello and welcome to asia business report. i am sharanjit leyl. to asia business report. i am shara njit leyl. taiwanese electronics manufacturer foxconn just announced plans to build a flat panel screen plant in the united states. at an elaborate press conference in the white house a short while ago, foxconn said it is investing million —— $10 million. i asked our correspondent how big a deal this is for the us economy. president trump campaigned on the idea of bringing manufacturing jobs back to the united states, especially in america's heartland. so certainly from his perspective, and from his base‘s perspective, this is a really big win. you see this is a really big win. you see this company coming in, investing $10 million, that is going to create 3000 jobs, and is just $10 million, that is going to create 3000 jobs, and isjust begin

i rico hizon and in singapore. the headlines: —— maggie throup.rica says that north korea's latest military test is a sharp escalation. the united states are prepared to use the full range of our military capabilities to defend ourselves and oui’ capabilities to defend ourselves and our allies. hundreds of thousands flee their homes as severe flooding hits southern japan. i'm kasia madera in london. also in the programme, pa arab nations that have fallen out with qatar said that blockade will continue. and why more and more young people injapan are embracing celibacy. —— the four. glad you could join us. it is 7am in singapore, midnight in london, and seven in the evening in new york, where the trump administration has warned north korea, following pyongyang's first ever launch of a missile that could, in theory, reached the united states' mainland. the us ambassador to the united nations has said that america would use what she called the full range of their capabilities to defend themselves and their allies. russia and china have said they are o

the prime minister of singapore has addressed parliament to defend his position over an escalating row with his brother and sister. the dispute concerns a house that belonged to the family's late father, prime minister, lee kuan yew. and on bbc.com — it's day one of wimbledon the tennis tournament got under way. two—time champion petra kvitova returned to centre court winning her match after recovering from a knife attack six months ago. and defending champion andy murray is through to the men's second round. that's all from me now. and the top story here in the uk: the chief minister ofjersey has apologised to all the victims of abuse in children's homes on the island over several decades. a long—awaited inquiry has condemned failings at all levels of the island's care system and also warned that some young now on bbc news all the latest business news live from singapore. australia's central bank is said to make its latest policy decision. will it change course? and we find out if women ceos can close the gendered gap by catering to other women. good morning asia hello world, glad you

singapore, taiwan, and malaysia just coming online.hie: taking a look at what's going on today on this trading session, we are seeing stock rally -- -- asia hitting a wall of asia stocks snapping a six-day third. we have aussie shares leading the data about 8/10 of a percent, falling for a second day. we have the nikkei 225 losing about half a percent after a three-day weekend. at 112.44.lar yen new zealand assets are looking under pressure, given the soft inflation we got out of wellington this morning. the kiwi dollar is down 6/10 of a percent. of the offshore yuan is halting a five-day advance today, despite the up the best of the chinese data we got today. industrial metals are higher. iron ore show -- soaring in singapore. trading at the highest level since april. copper is high -- hovering around a four-month peak. looks like the start of a rally. mainland property prices are also on deck. watch. plenty to we do have that slump when it comes to the china yesterday on the trading session.there was a slump in chinese stocks monday,

you will forget there are other major cities in the world, cities like london, frankfort, paris, singapore, even luxenberg, for example, they all want to set up renminbi settlement, even in ne new york, the has been agreement to encourage renminbi settlements and it to be set up in some major cities in new york. i think hong kong -- >> thank you very much. he used to be interpretable interpreter. that will do for this special life coach of hong kong's 20 20 editors of its return to china. coming up next is global watch. stay with us. ♪ ♪ >> president trump is leaving washington for a series of meetings with world leaders in poland and germany. he will begin his trip in warsaw for what is being called that 3c summit which includes a leaders from central europe, the baltic states and the balkans. the president will give remarks and meet with leaders of poland and croatia pick after that president trump travels to homburg for the g20 summit where he's expected to have his first face-to-face meeting with russian president vladimir putin. putin. other leaders attending the summit include german

have you.eat to capital economics asia live from singapore.e tv function at tv . seecan watch us live and previous interviews and dive into securities or bloomberg functions we talk about. downan click and scroll and see some of the charts we talk about. you can become part of the conversation, send us an instant message. this is for bloomberg subscribers only. check it out at tv . this is bloomberg. ♪ ♪ yvonne: this is "daybreak asia." newcrest mining climbing despite gold production fell. output fell 8% after an earthquake on april 14. it still be as simmons. the site accounted for half of earnings through december, and the ceo said the quarter shows the company's resilience. the austrian competition and consumer division seeking information about the recall of cars equipped with takata airbags, releasing a statement urging all drivers finding out if the car has the potentially lethal device fitted. a new south wales man was killed when the airbag in his car mis-deployed. to benefit from the stumbles of uber and launch its own range

i'm sharanjit leyl in singapore. i'm kasia madera in london.na bears a heavy responsibility for the death of the peace prize winner, the jailed chinese dissident liu xiaobo. donald trump has hinted he might reconsider his position on the climate change agreement, after meeting france's president macron in paris. and these pictures of a couple having a bit of a mishap as they practised their traditional first dance for their wedding is proving popular on bbc.com. andy and sharon price hoped to recreate a lift move from the film dirty dancing, only to run straight into each other, and both end up unconscious. they didn't suffer any serious harm, but they say they're now downgrading their plans to a simple slow dance when their big day comes around. let's return to the death of liu xiaobo. interesting to hear that few people knew about liu xiaobo because of china's strict laws about the amount of... the lack of information about its. absolutely. the chinese government hasn't even said anything about the death of this country's nobel peace prize wi

now on bbc news, all the latest business news live from singapore. our top story in the uk, the enquiry into the nhs blood contamination scandal will give answers to what the prime minister has called the appalling tragedy. now on bbc news, all the latest business news live from singapore. it isa it is a day of protest for big online companies. find out why the likes of amazon and netflix are battling us rules on internet use. and china is spending billions on new aircraft but it may face a pilot shortage in the years to come. good morning, asia, hello, world. glad you could join us for this edition of asia business report. i am rico hizon. some of the most popular websites may be slower to day. companies like facebook, netflix and amazon are taking part in a protest against changes being made to us rules which govern net neutrality. they claimed the new regulations will give the cable companies control over what its users see and do. our north america technology correspondent explains. right now, all internet traffic is treated the same, no matter w

bad for singapore, but what about the financial market? have we seen any impact?s not. this is most unusual, unprecedented for a country that places a lot of care in preserving stability and incorruptible face. there has been little reaction to the threat. say there is a drop in confidence in the leadership, but it will be not affected immediately. the ruling faction boosted its grip on power in 2015. it secured 83 of 89 seats up for grabs. no threat of that happening. thank you so much, and we will watch how this unfolds in singapore. haslinda amin. let's go to south korea. the south korean exports rising to the eighth month in june, helped by the surge in demand for semiconductors, shearing. 16% from a year earlier. 16.9%.ian estimate was seoul is one of the first to report trade each month, showing global demand. we just saw mr. moon meeting with president trump and a lot of questions between them on what to do with north korea. seemedwhile a big topic, to be a sort of a second seat. is 8394.t it shows you despite the south korean won rising in the last few yea

dollars, almost half of the 30 billion singapore dollars they invested in the previous two periods. nonlisted assets, not so easy for other people, but why move into this particular part of the market? that theave realized biggest growth opportunity for companies in general are at the early stage. temasek has been very interested in that area. non-listedion to assets has increased from 22% of the total portfolio in 2011 to 40% this year. one idea is where are the biggest growth opportunities. the other thing we have seen is have notech companies chosen ipos to get listed. if you want a stake in those companies, the equities, you had to look for private equity, and what they have done. they opened their latest office in february in san francisco, so clearly they want to be where the action in the tech sector is. right, tech sector is key for them. tell us about the other industry groups they are looking at and the regions they are investing most in. >> most of the investments have been in the united states. year, they have investor didn't for sectors, technology, life sciences, agro

. ♪ ♪ >> 8:30 in singapore. the of trading there. >> you are watching "daybreak asia." >> breaking news out of quiteore, export figures, a sizable beat when you look at year on year figures for non-oil domestic exports, rising 8.2% for june. the estimate was 5%. forid see that falling 1.2% may, so trade signals seem to be turning around for singapore and north asia as well with trade data out of china last week. export growth and taiwan looking good. south korea, similar story. seasonally adjusted month on month numbers in the negative, down 2.7%, not as bad as expected, a 5% drop in the month of june, but seeing a month on month slowdown. electronics exports, slower growth numbers, five point 4% rise for june versus 23%, numbers now revised upwards to 28.9%, so a mixed picture, but year on year figures still quite positive. >> that's right, a considerable beat there on that. let's get to first word news now. president xi jinping supporting a stronger role for the pboc to safeguard china's financial system and m

i'm rico hizon in singapore. the headlines: all smiles from president xi and hong kong's new boss, carrie lam. but what's next for the one country, two systems? president trump is accused of inciting violence against the media after tweeting a spoof video. i'm babita sharma in london. also in the programme: philippine president rodrigo duterte marks one year in the top job. we will look at his record in office so far. and a 75th birthday for stephen hawking, the scientist who overcame disability to become a legend of physics. it is 7:00am in singapore, midnight in london and 7:00am in hong kong, where there are concerns the visit of china's president xi may have stoked divisions in the territory. 0n the face of it, mr xi was simply marking the 20th anniversary of hong kong being handed back to china by the british, but he used the event to warn against any challenge to beijing's control. the foreign ministry said the handover deal, guaranteeing two systems until 2047, had no practical significance, and there are

i'm sharanjit leyl in singapore. i'm kasia madeira in london. have told the bbc that the country is in danger of losing its future, with the risk of famine now adding to a cholera epidemic. congress in washington has voted overwhelmingly to impose new sanctions on russia, iran and north korea despite president trump's objections. let's take a look at some front pages from around the world. let's start with the japan times, looking at the story of the beleaguered defence minister. it reports that it's almost certain that tomomi inada will resign over an alleged cover—up involving military documents and even lists possible replacements. the china daily leads with a rallying call from president xijinping. he's calling on communist party officials to prepare for risks and challenges. he says after four decades of reform, the party has to meet the people's demand for happy lives. and the south china morning post has this picture, the final touches to a miniature version of hong kong stadium, made out of lego, on show at the ani—com and games show. as