and i look at singapore all the fundamental is really very sound. we have in many countries governments in great luck selling out even their own country and countrymen so that the will be able to achieve their own personalized version on parties and objectives i think if you look at the governance of your set up in singapore to see that there's no check and balance is not completely correct i think we do have a group of leaders even though this serve under the same political parties they are willing to stand up to voice up their concerns sometimes don't in public sometime not in the parliament but behind closed doors. but even among staunch party supporters the oxley feud and the controversy surrounding the elected presidency have been a test of faith i will not deny that people be shaken by what have done last year but trust the government be shaken but we must always remember why is the policy making there must be a reason we have to be patient i and i have trust in the party in the ruling party . the only opposition party with seats in parliament

in singapore taxes are the focus when the citystate announces its new budget. government has flagged it will need to increase tax revenues as spending on healthcare and infrastructure is expected to rapidly rise. one possible idea, attacks on e—commerce, which would make singapore among the first in asia to do so. earlier i spoke with amy from ernst and young and i asked her if we're likely to see tax increases. really it's what the government has been messaging up to today. there's increased need for our social spending with an increasing and fast ageing population. what will be e—commerce tax structure look like? it's likely it will be in the form ofa it's likely it will be in the form of a goods and service tax on online transactions, it's with online purchases of goods and services. the government is also rethinking its current goods and services tax structure, which is currently at 7%, is there a need for an e—commerce tax and a gst tax or at the same time when the singapore budget is at a surplus? there's always a balance, you have to look at the balance

they include the wealth city state of singapore.n the finance minister will announce tax increases when he gives his budget to parliament in a couple of hours time. rico hizon is in singapore. it is could to see you. tell us what is expected in this budget? who likes taxes? how can you raise the revenue? you have to tax the people. that is the problem. that is why a nalysts a re that is the problem. that is why analysts are expecting this budget will have a hike in the goods and services tax, given how singapore's rate remain competitively low against regional countries. other forms of tax that may be implemented by the taxman might be an e—commerce tax and if implemented, this would make the citystate among the first in asia to have won the. there is also talk of a further increase of taxes such as those on tobacco, gambling as well as wealth taxes. i asked amy earlier why raise taxes when singapore has a budget surplus? you have to look at raising your tax revenue in a competitive way while not affecting the attractiveness of sing

after the big shopping spree comes the quiet the festival last almost a week in china vietnam singapore taiwan and many other countries. a dream for some reality for others the life of a fisherman on the baltic sea they have to brace rough seas a special app their every move not to protect the fisherman but the caught. up blustering southwesterly wind here on the island of blue means any low tide fishing is the question today from now before the fishermen even step aboard they're both they have to activate their new movie up it registers every net put out to sea to make sure they don't fish deeper than twenty meters and to start the koch during the two month breeding season for the fisherman it's a step too far removed. we work with nature every day we know how deep we can fish there's no risk that a couple of fisherman are going to endanger the cod population. the new scheme also means that every fisherman must have a smartphone the first few tests have highlighted some teething problems. if you don't have any internet then the op turns itself off which means you have to write in the l

. -- of singapore.kong and it's a first trading day of the year of the dog. this is bloomberg. ♪ p.m. here inalso 1 sydney. 10 p.m. in hong kong, i am haidi lun. this is bloomberg markets asia. ♪ haidi: the yen setting after retreating from a 15 month high. we are looking at markets trading much lower at the moment as we get into the first trading day of the year of the dog. bitcoin breaking through $11,000. another critic raising doubts. the bank of england boss calls it a failure. singapore matches more problem with more money. we speak to the minister of trade and industry exclusively. taking a look at markets here in asia, it does feel like we are losing a bit of steam at the moment. that recovery from the previous session failing to pass through to europe. u.s. futures are also trading a bit lower. u.s. markets are closed of course, for the presidents' day holiday. we will take it over to sophie who is taking a look at the markets. sophie: the hong kong market is very much in focus right now, not a

she will be at the singapore airshow all week on the asia business report.rently they are surging. the nikkei up by 3%. taking up almost half of what it lost yesterday. —— making. the all 0rdinaries currently gaining 1.2%. thank you so much for investing your time with us. i am rico hizon, bye for now. the top stories this hour: rescue teams continue to search buildings left devastated after an earthquake hits taiwan. asian stock markets showed early signs of recovery after dramatic moves in global share prices in the last 24 hours. families of the victims of the hyde park bombing, carried out by the ira in 1982, have been awarded legal aid to bring a civil action against a suspect — the convicted ira bomber, john downey. his trial collapsed after it was revealed he'd previously been given an assurance by british officials that he would not be prosecuted. 0ur correspondent daniela relph has the story. it was a terror attack from another time, the 20thjuly 1982. an ira car bomb detonated near hyde park, then another device exploded under a bandstand nearby. a

the second is singapore. what these countries are very good at and i know that one of the folks for use in the venture capital and what they are very good that is encouraging innovation. one of the things that interested me about singapore is the socially responsible startups which the government is encouraging is a more corporate top-down kind of model. given again that this functionality up the road which we all know about and what's interesting about america is that estonia and singapore are much smaller countries, singapore being a city state and estonia being a tiny place on the northeastern edge of europe. what's interesting in america is the real inspiration of singapore and estonia is happening at the local level. you and i both know what the governor of rhode island, she told me and i interviewed her she said we are really inspired by what estonia is doing and we are using it as a model for our government and/or digital initiatives at the same in california. so i think that stuff is happening in amer

first word news with haslinda amin in singapore.ngapore announced a range of tax increases including a surprise to copeproperty levies with its rapidly aging population. it is worth more than one million singapore dollars and goes till 4% from tuesday. the government also wants to raise the goods and services tax from 9%. isresa may's brexit team said to have secret plans to withhold billions of pounds in a you payments to give the u.k. the trade deal it wants. we are told senior officials have discussed atf in case a failure to clinch a free-trade agreement happens. may is expected to have a speech for negotiations themselves. bank of england governor mark carney says he is already fighting the u.k.'s next financial crisis. can eliminate the future crisis, he says the boe is creating a more secure defense planning for bank failures, providing extra liquidity, and ensuring higher capital that old -- levels. reports from japan's a launch an corp. is to offer to more than double its stake to around 20%. the nikkei news says a company

i'm rico hizon in singapore. the headlines: britain's theresa may is in china to forge new partnerships, ahead of britain's exit from the european union. the fbi says it has grave concerns over the accuracy of what is expected to be a critical memo that could soon be released by the white house. i'm babita sharma in london. also in the programme: the bbc‘s former china editor carrie gracie tells british mps of her anger at the way the bbc has treated some of the women it employs. i was so distraught by what had happened. anyway... then i thought, no, i have to fight. and i am sorry it is taking this long, and i am sorry we are in this position, yes. and goodbye to vaping. singapore bans e—cigarettes. it is 8:00am in singapore, midnight in london, and 8:00am in beijing, where the british prime minister, on her visit to china, has forecast a golden era in trade relations. theresa may says she has won assurance that beijing will further open up its markets to the uk, but has also been forced to insist that she is no

and now on bbc, all the latest business news live from singapore.are critique of india's argent from the governor of the country's central bank. i am live at the singapore airshow, the world is facing a shortage of airline pilots at higher pay and women pilots may bea at higher pay and women pilots may be a solution. it isa it is a thursday, everyone. good morning, asia. hello, world. glad you could join us for this edition of asia business report. i am rico hizon. usually stays quiet and this commentary to others but the governor of the reserve bank of india has spoken out about the budget and the country's economic direction. for more on this, let's ci’oss direction. for more on this, let's cross over direction. for more on this, let's cross over to a asia business report, who attended the government's press conference. thank you so much forjoining us, what did the governor said? well, the governor opened up about various issues related to the economy and specifically the budget announcement which took place, which the government decided to introd

we will be across all latest coverage in singapore at the singapore airshow.tories. the reserve bank of australia has maintained its interest rate at 1.5%. the central bank says that loose policy is supporting the domestic economy and this should help bring inflation towards its target rate. australian interest rates have been at record lows for 18 consecutive months. singapore's central bank says there is no strong case for banning cryptocurrencies. the bank has been studying the potential risks but the deputy governor says that it is too early to say whether virtual currencies will succeed. iam sure i am sure he is not alone in that thinking. that's it for business briefing this hour. up next, newsbriefing. in the meantime, here are some of your responses to the events around the world. one viewer, stephen, says the world. one viewer, stephen, says the bbc and sally, you are stirring up the bbc and sally, you are stirring upa the bbc and sally, you are stirring up a non—crisis. calm down. we are staying very calm and we are bringing you some good analysis. m

i'm rico hizon in singapore. the headlines: hundreds are killed in eastern ghouta as syrian government forces step up their bombardment. the un says the situation is "spiralling out of control". as florida shooting survivors push for changes to gun laws, president trump says he wants to ban bump stock devices. i signed a memorandum directing the attorney general to propose regulations to ban all devices that turn legal weapons into machine—guns. i'm sharanjit leyl in london. also on the programme: thailand's so—called "ba by factory" case. a court names a wealthy japanese man the legal parent of 13 children. and the new treatment bringing hope to children with a rare disorder that causes facial disfigurement. live from our studios in singapore and london, this is bbc world news. it's newsday. glad you could join us. it's 9am in singapore, 1am in london, and 2am in the morning in syria, where government forces have carried out some of the heaviest bombardments in recent years on a rebel—held area on the outskirts

now on bbc news, all the latest business news live from singapore.tock markets have lowered in the wake of two days of heavy losses on wall street. i am here at the singapore air show as asian countries beef up defence spending i have a lie in chief executive. -- live interview. it is tuesday, glad you could join us for another exciting addition of asia business report. we start off with a very volatile and crazy global stock market. and the rout has deepened this tuesday with asian financial markets heading lower this morning on the back of heavy losses on wall street. this is where things stand at the moment. as you can see, the nikkei is down by over 4%. the all ordinaries index is in the red by 2.6%. for a perspective on this sharemarket rout i'm joined now by oui’ sharemarket rout i'm joined now by our asia business correspondent. 1000 points on the nikkei today. this carnage, this fall continues from yesterday's rout. as we have been talking about all morning this has come about as a result of rather positive economic news coming from the unite

i'm rico hizon in singapore. the headlines: enough is enough! as florida students call for tighter arms controls, president trump says he supports efforts to tighten background checks on gun owners. more than 2.5 million newborn babies around the world die before they're a month old, but most of those deaths are preventable. i'm sharanjit leyl in london. also in the programme: the court of arbitration for sport begins proceedings against the russian olympic medallist, alexander krushelnitsky after he failed a doping test. and kfc without the c — the fast—food chain closes hundreds of its restaurants across the uk and ireland after running out of chicken. live from our studios in singapore and london... this is bbc world news. it is newsday. thanks for joining us. it's 9am in singapore, midnight in london and 7pm in washington, where the white house says president trump is supportive of improved background checks for people who buy guns. mr trump has previously spoken out against gun control, but today's comments follow the high school shooting i

liveyasiel of ubp joins us out of our singapore studios -- the ceo of ubp joins us out of our singaporethat is going to be interesting to call and how he is evolving his sort of protection or away intorategies longer japanese yen. sort of positions. we will behing talking about is india inflation. moderation but still above the rbi's target, so we will be joined by syed joining us to talk about that and where we go for the indian economy. lots more to talk about in terms of markets come economies, and all of this, coming up. state with us. this is bloomberg. ♪ ♪ >> it is almost 11:00 in singapore, to be evidence to date, i am haslinda amin? guest: and i am david english, welcome to bloomberg markets: asia to react -- bloomberg markets: asia. ♪ david: japan is catching up to what rebound markets, which seem to be stabilizing after the biggest weekly route in two years. guest: the volatility index fell. biggest advance in over 18 months, but traders are still nervous about inflation and a rate hikes. david: china suffering a debt hangover. they are offloading assets into the united tape.

let's bring in all the bottom financial correspondent in frankfurt andrea hang in singapore only the dax is one of the best performers today is it all smiles there. yes i wish it were or the people here wish they was looked i made sure and looked down at the people just before we went on air to see if the smile and maybe return but no for browsing. the expectancy that this situation is not quite over yet people on the floor argue that on many other analysts and economists and the economy out there the corporate earnings broadly support the market and that this was a correction that was overdue the market heated up a little bit too quickly but that everything was fundamentally ok but everyone still nervous considering what had happened and how it took basically almost everyone off guard and it is a spooky situation with so many people blaming machines over man and address what's happening in singapore is there even more skepticism that. well if you did see some rebounds to da starting all of the week on a good note but you're right in saying that investors are trading cautiously and t

pictures. —— singapore.y places, there will bea hello. for many places, there will be a different feel. something more mild. many starting the day under cold air. but this wedge of mild air in the atlantic beginning to show its hand. this is tied up with a weather system in the atlantic. this cloud is going to bring some outbreaks of rain as we go on through the day. a split in temperatures in the morning. —5, 16, in the south—east. temperatures above freezing for northern ireland. —— —6. above freezing for northern ireland. -- -6. the above freezing for northern ireland. —— —6. the coldest weather in east anglia and the south—east, but the brightest weather. sunshine to come. the south—west, wales, northern england, thick clouds, outbreaks of mostly light and patchy rain at this stage. cloud into southern scotland. northern ireland, the northern scotland, something more bright. sunny spells returning. showers to the north—west. because of the mild air, most showers falling as rain rather than anything more

in it is singapore airshow week.ossll hear from qantas alan joyce. ♪ from a one headline monthly job report can reverberate, not just through stocks, bonds, currencies in the u.s., but around the world. wages accelerating, the rate hikes accelerating not just from bonds --8 but for pure but 4%. it was the move down and stocks that caught everyone's attention and makes us wonder how this carries through in asia. typical big story in the u.s., but anyone watching markets, i am serious, this u.s. baton has been passed asian traders and they will determine what happens next. yvonne: i think there is still some time between now and the game for us to talk about what is happening. of mentioned a little bit equities, that could do some damage in asia. kathleen: how about halftime, you can watch justin timberlake and us too. a new round of earnings come big focus on bonds will dominate wall street this week. su keenan is here to wrap it up. bull story,bond stock bulls rattled by friday's close. let's check it out, 666, an om

now on bbc news all the latest business news live from singapore.south after another punishing session on wall street. and flying high but two were? we find out why businesses and spectators flocked to edge shows. —— airshow is. welcome to asia business report live from singapore with me, mariko oi. we start with markets and we had another volatile trading day of the night, wall street ended the day practically in freefall and now we're seeing asian shares down as well. monica miller has the latest. monica, wow, what a week? it's been intense. the asian markets are taking wall street's lead s&p m _7 seng isjust opening, it closed down! down as if seng isjust opening, it closed down! down as - if we can yesterday down as well. if we can look at what happened in the us, again itjust sank right to the bottom. the dow jones again itjust sank right to the bottom. the dowjones industrial is now down below 24,000, closing more than 4% down. snp 500 and nasdaq as well. it's been a nerve shattering kind of weak but there's one rally that would have made bigg

juliette: let's get more on this with a reporter from singapore. you live in singapore.ive in singapore. a little bit late in canceling drivers. uber trying to up its presence. tell us more. yes. yes, so we recently sat down with the head of asian business in singapore. he shared a very interesting planningn what uber is to do. there has been a lot of speculation the softbank having completed its investment in uber . that has led to a lot of speculation that maybe, you know, uber would withdraw from some of the markets in asia because, obviously, softbank is the biggest shareholder, and they don't want to invest in companies to compete with each other. said that's not the case. they are not really pulling out. on the contrary, they are going to aggressively invest and expand in asia. david: tell me this, though, because there was earlier speculation, and if you could help clarify the details on this thing as well, that there were as far as the singapore operations were concerned, would acquire the business there. yes, there has been speculation. the sources have told us

rico hizon in singapore. the headlines. chinese censors block all online a debate of the plans to give president xijinping the right debate of the plans to give president xi jinping the right to rule indefinitely, leaving just a few critics of the space to speak out. translation: if the leader stays in office too long, and if power becomes too concentrated, then eventually, power becomes... russia says it will be a daily five—hour pause and the fighting in syria's enclave of ghoutta from tuesday. also on the programme, india mourns a ballamid also on the programme, india mourns a ball amid new revelations on how she died. we visit the resting place of millions of damaged grinds buried deepin of millions of damaged grinds buried deep in mountains. live from our studios in singapore and london, this is bbc world news. it is newsday. glad you could join us. it is it a m in singapore, midnight in london and akmin in singapore, midnight in london and a km in beijing. where there has been a social media backlash against plans for

this is the singapore airshow.nda is standing by. >> we want to talk about how asian carriers have been ordering thousands of jets. the problem is there is a lack of infrastructure to support it. manpower as well as air-traffic control power. how do navigate a situation like this well? .et's talk to the vp indonesia are trying to get into underserved regions. topice: that is a huge globally and particularly in this region. it is really booming everywhere which means that we need to be able to offer solutions to our customers who handle these high-density and increasing density of traffic while the business and in addition, new areas need to be the goaland obviously is to have a look at having but alsole solutions very flexible solutions. also, to operate the solutions without people looking at the right locations. and airng that mobile traffic control towers -- pascale: we are trying to work on serving this underserved area it is toer of urgency deploy remote powers that can be withted from a distance operators loc

we will be live at of singapore.ory this monday, the carnage that we are seeing over global market. the engine of this selloff in the asia-pacific. investment on a day like this. just close your eyes. let's have a look at where we are across a lot of these metrics. stocks are down. the dollar is seeing a little bit of yield. getting a little bit across japanese currency. gold, a little bit up as well. there is nowhere to hide at the moment. sophie was checking on where we are and we look at the benchmarks in the asia pacific. at the moment, once a nine on the benchmark. -- 179 on the benchmark. investors should just be closing their eyes and ducking for cover. yielding to this environment. they are headed for the worst drop in 14 months. you can see this column of red. em space, malaysia is one of the most vulnerable. we are also seeing volatility back in the spotlight. pricing on the nikkei 225 is at a three month high. we have global volatility jumping. demonstrating that pick up in volatility and the yen that is r

live from london and singapore.efugees ever return to their homes? we check out the problems on the ground in myanmar. there's mr mandela. mr nelson mandela, a free man, taking his first steps into a new south africa. iran's spiritual leader ayatollah khomeini has said he's passed a death sentence on salman rushdie, the british author of a book which many muslims say is blasphemous. the people of haiti have flocked to church to give thanks for the ousting of their former president, 'baby doc' duvalier. because of his considerable value as a stallion, shergar was kept in a special secure box in the stud farm's central block. shergar was driven away in a horse box the thieves had brought with them. there stepped down from the plane a figure in mourning. elizabeth ii, queen of this realm and of all her other realms and territories. head of the commonwealth, defender of the faith. this is newsday on the bbc. i'm rico hizon in singapore. i'm sharanjit leyl in london. our top stories. is north korea prepares for a massive

i'm rico hizon in singapore. the headlines: american spy agencies tell congress that russia is still meddling in us politics, posing a threat to the mid—term elections. the us ambassador calls for more pressure on the myanmar leadership to acknowledge the suffering of the rohingya muslims. this council must hold the military accountable for their actions and pressure aung san suu kyi to acknowledge these horrific acts are taking place in her country. i'm sharanjit leyl, in london. also in the programme: headwinds at the winter olympics in pyeongchang. some events have been postponed due to high windspeeds. and how long should you wait before getting married 7 we meet one couple in australia who had to wait 44 years to be allowed to tie the knot. live from our studios in singapore and london, this is bbc world news. it's newsday. glad you could join us. it's 8am in singapore, midnight in london and 7pm —— it's 9am in singapore, 1am in london and 8pm in washington, dc where the heads of us intelligence have warned

i'm rico hizon in singapore. i'm sharanjit leyl in london.enage survivors of the florida school shooting say they'll march on washington to demand action on gun control. after fire ripped through lhasa's jokhang temple, the extent of the damage to the most important shrine in tibetan buddhism is still unclear. let's take a look at some front pages from around the world. we start with the south china morning post and a report on china's foundering economic ties with the european union. the paper says the eu's investment in china fell by 9.1% last year, because of frictions over market access and other issues. the new york times is leading with donald trump's son's visit to india this week. donald trumpjunior‘s main task will be to promote luxury towers, not diplomacy but, the paper says, indians might be forgiven for not making much of the distinction. and finally — the front page of the philippine daily inquirer, and this beautiful picture of the start of international pyro—musical competition in pasay city in the philippines. ten countries a

i'm rico hizon in singapore. the headlines: more tensions between the president and the fbi. donald trump is set to approve the release of a republican memo that accuses the agency of bias against him. the reality of life in china's xinjiang province. our reporterfinds out what it's like to live under a huge security operation. china is building a total surveillance state, it's a place where saying, doing or even thinking the wrong thing can get you locked up in an internment camp. also in the programme: scientists say they've developed a early warning test for alzheimer's, but with no cure, should people be told if they're at risk of the disease? and making history, nigeria's bobsleigh team become the country's first athletes to qualify for the winter olympics. life from our studios in singapore and london, this is bbc world news —— live. it was back newsday. glad you could join us. it's 8:00am in singapore, midnight in london, and 7:00 in the evening in washington, where the seat of the us government is buzzing with anticipation about the controversial memo about the fbi. i

it's 9am in singapore and 1am in london.begin the programme with an update on the shocking measles outbreak in indonesia which has killed at least 72 people — many of them children. the indonesia government says the outbreak in the remote province of papua, is now under control. but hundreds of other children are malnourished. as rebecca henschke reports from papua, the health crisis has put the spotlight on a region closed off to journalists for decades, and revealed serious government failings. a warning, you may find some of the images disturbing. just two months old, yulita's life has already been brutally hard. her mother died in childbirth, the father rejected her. translation: her father did not want her. in a cloud of grief, he wanted to hit her and bury her with her mother. we said we would take care of her, but we are struggling to keep her alive. they had to make a two—dayjourney on a speed boat up the river to get medical help. this is the only hospital here in this district roughly the same size as the netherlan

rico hizon in singapore. the headlines. chinese censors block online debate — as president xi's given the right to rule indefinitely. but a few critics speak out. translation: if the leader stays in office too long, and if power becomes too concentrated, then eventually, power becomes evil. russia orders a daily five—hour ceasefire — to allow civilians to leave the besieged syrian syrian enclave of ghouta. also in the programme. india mourns bollywood's sridevi kapoor, amid new revelations about how she died. and we visit the resting place of millions of damaged korans, deep inside these pakistani mountains. live from our in singapore and london, this is bbc world news. it's 9am in singapore, 1am in london and 9am in beijing where censors have been deleting online criticism of the announcement that president xi jinping could stay in power for decades to come. the proposal would remove a clause in china's constitution that limits the head of state to just two terms in office. some people online have accused the communist par

and as the minister for finance in singapore delivers his budget, we are asking, what is the best waypay for an ageing population? do you believe raising taxes is a good idea? get in touch. just use the hashtag #bbcbizlive. hello and welcome to business live. is the world's trading system in crisis? since president trump entered the oval office the world's biggest economy, the united states, has been reshaping its trading relationship with the rest of the world. over the weekend, china threatened to retaliate if the us went ahead with proposed tariffs on steel and aluminium imports. so a high level un—led meeting in geneva is looking at the way ahead. in many parts of the world the importance of multilateral trade deals can be seen in the number of people they've lifted out of poverty. the world bank says the number of people living in extreme poverty has halved since 1990 because of free trade. but president trump has been ringing the changes. he pulled out of the trans—pacific partnership, which would have covered about 40% of the world economy, and is seeking major changes to the n

i'm rico hizon in singapore. i'm sharanjit leyl in london.tjacob zuma has been told the north korean leader speaks of a warm climate of reconciliation with the south after a delegation returns from the winter olympics. donald trump's daughter—in—law has been taken to hospital after opening a letter addressed to her husband containing white powder. south african president jacob zuma has been told by his own party that he has 48 hours to resign. london's heathrow airport has said a duty free promotion at the weekend where chinese customers were asked spend more than non—chinese customers to receive the same discount was unacceptable. that story is popular on bbc.com. let's take a look at some front pages from around the world. japan times leads with vice president mike pence's suggestion that he'd be open to holding talks with north korea without preconditions. the paper questions whether we're seeing a significant shift in the trump administration's approach to pyongyang. the straits times newspaper leads with the surge in tourism from china i

to singapore. get the minister says he can continue working and avoid fracturing the coalition government. there was a shocking error of liberal and the government met on the weekend to discuss differences. >> it was a good and constructive meeting. of course. absolutely. to apologizeing for. that they reserve the right to return aid and the commerce secretary said they may tariff on imports of aluminum and steel and the commerce department said that beijing will take the necessary measures. these survivors of florida's school shootings have called for control ands on gun focused anger on trump, calling divisive and trump and theed democrats fbi. >> people say it isn't time to talk about gun control and we respect that. march 24, we will march as students. this is about the adults. we feel neglected and you are either with us or against us. foundresa may may have common ground with the new. this allowed intelligence agencies to keep sharing information and the commissioner told a defense conference

ahead, you tax increases for singapore, will break down the impact. sharing, next, earnings, and gains. this is bloomberg. ♪ >> you are watching "daybreak: australia". the australian earnings season wraps up this week with very big names due to report including glencore and bhp, but before we do that let's get a review with paul allen to tell us what we have seen so far. what is the verdict here? verdict is not too shabby, the bank saying this is one of the strongest seasons in the past 15 years in australia, and the numbers breakdown like this. 28% of companies have upgraded at 1% or more, and that compares to 23% that had gone grades, at least about four results from commonwealth bank, and west farmers, the proper outlook will be 6/10 of 1% higher, so overall, it is not as shabby as it seems, but there is underlying strength in the australian profits, and that is backed up by number data as well if we take a look at our own research. more than halve companies reporting so far have had positive earnings, and it is a big week coming up for bhp due to

in singapore, gains for the sgi. singapore airlines bucking the trend.achs global macro conference with harvey schwartz in a couple of minutes. i am haslinda amin in singapore. >> you are watching bloomberg markets: asia. let's check your first word headlines. latestedes-benz is the to apologize to china for comments related to the dalai lama. other airlines have issued recent apologies for messages to china. heavy's successful launch of the falcon heavy will allow it to handle bigger payloads. elon musk has said the lunch will be considered a success if the falcon heavy does not explode after liftoff. went as well as one could have hoped with the exception of the core. that was epic. i think that was the most exciting thing i have ever seen, ever. core obviously did not land on the drone ship. resigned asn has chairman of wynn resorts. the chairman says an avalanche of publicity and rush to judgment means he cannot remain in his current role. the company says it accepted the resignation reluctantly and appointed the current president as ceo. shares were

in singapore we will see a pickup, so will be announced.ement is rather weak and it will take at least a year before the energy returns. last year you joined us and gave some predictions about donald trump. how will this year be? will he face many challenges like it did —— like he did during his first year? he was born in the year of the dog. i know a lot of people are saying he might get challenges in his own parties and getting impeached and all that. there may be attempts by this energy is very strong, so they may not be successful. in fact, is very strong, so they may not be successful. infact, he is very strong, so they may not be successful. in fact, he will add onto the american economy in some ways. volatile than... a bbc investigation has revealed a significant difference between the highest earning male and female co nsulta nts highest earning male and female consultants working for the nhs in england. figures show that one in five of the top 100 earners are women, while an average full—time men earned £14,000 more than their fema

well the connection between singapore and malaysia and the malaysian capital of kuala lumpur is meant to foster greater economic synergy between the two countries the two need was. allegedly on malaysia's this is falling in line with the country's economic development plan to be ranked as the top twenty city in terms of economic growth and of ability by the year twenty twenty which is not very far away you think about it so it is a long term investment on both fought on the part of both countries ok a long term investment for the countries but what about the companies bidding is what's in it for them or a lot of it has to do with the mind between for the two countries already as it is a lot of malaysians come to singapore even on a daily basis seeking employment they have jobs here in singapore and it's also on not uncommon to see singaporeans hopping across the causeway to johor bahru which is just right across the river on the straits of johore so the demand is there going to drive the project and certainly the shortened travel time is going to be very beneficial facto for citizens

i'm rico hizon in singapore. the headlines. 400,000 civilians remain trapped in eastern ghouta, as plans to suspend fighting for a humanitarian pause fail on the first day. a blow to team trump, as the president's son—in—law and senior adviser, jared kushner, has his white house security clearance downgraded. i'm sharanjit leyl in london. also in the programme: america cuts aid to cambodia accusing its long—term leader, hun sen, of anti—democratic behaviour. and stepping out from past shadows. a hong kong actor's search for his long lost british father. live from our studios in singapore, and london, this is bbc world news. it's newsday. glad you could join us. it's 9am in singapore, 1am in london and 3am in syria where the united nations says fighting has resumed in eastern ghouta despite a humanitarian pause. it was hoped that the daily five hour ceasefire, which had been ordered by syria's ally russia, would allow civilians to leave, but the un says it collapsed before it was due to expire. nearly 400,000 peop

i'm rico hizon in singapore. morgan tsvangirai, the veteran zimbabwean opposition leader and prime minister, dies. and globally, more than a0 million girls marry each year as children. we speak to a child protection advocate who says this needs to stop. live from our studios in london and singapore, this is bbc world news. it's 1am in london, 9:00 in the morning in singapore and 8pm in the evening in florida where a shooting at a high school has left 17 people dead and many injured. police say they have arrested one man, and identified him as a former student. many students hid in classrooms until they were rescued by police. running for their lives. students flee classrooms in panic. inside the 3—storey building, hundreds of others lay hiding from a gunman on the loose. as they fled out of school, some were still clutching their valentine's day balloons. as soon as the firearm got pulled and kids were evacuating, i heard five pops. and i was like, "that's is not a drill," we never did a drill like that. you hear

it's 8am in singapore.t in london and 9am in seoul where — just days before the start of the winter olympics — some of the athletes have been taking part in warm—up matches. not a big deal, but when it's a team made up of north and south koreans — the world takes notice. a joint women's ice hockey team played a friendly against sweden — it's being seen as a sign of reconciliation. in another move — north korea's sending its highest ranking official for years to the south, leading a delegation on friday. laura bicker reports from seoul. fierce and determined, the korean players head onto the rink to prove they are notjust pawns in a political drama, or an experiment in sports diplomacy. they fight hard against high—ranking sweden, willed on by a crowd eager to witness a piece of history, and waving the flag of a unified korea. translation: i was so touched. ifeel so good because i felt the passion of the players, and it felt like we were one together. it was very meaningful to all of us, and especially for m

rico hizonjoins us from our asia business hub in singapore. still on edge —— can ta ke traders are still on edge —— can take a breath now. the moods of investors have shifted now from panic to relieve as most markets are clawing back some of yesterday's losses. analysts are saying that the stress by leveraged funds looks to have run its course for the moment, allowing volatility to abate a little bit although the prospect of high interest rates across the globe remains a major challenge for the long—term. profit—taking is also playing a big role. after months of global games that sent markets to record highs on the back of optimism in the world economy and strong corporate earnings. since donald trump assumed office last year, the dowjones has trump assumed office last year, the dow jones has gained trump assumed office last year, the dowjones has gained over 30%. the s&p 523% and here in asia, the japanese market and the hong kong market also sawing. —— soaring. as of now it is a relief rally there could still be a lot of volatility over the

i'm rico hizon in singapore. i'm sharanjit leyl in london. our top stories.rly trading. it's lowest level since the end of october. there have been further sharp falls in share prices in the united states, with the dowjones down by nearly 5%. and this was the most watched on bbc.com. an investigation has revealed thousands of british people sold timeshares in the 1980s are now trapped in the arrangement and it's costing them hundreds of pounds in fees each year. timeshares are a holiday property investment that was popular at the time. let's take a look at some front pages from around the world. the financial times reports on turmoil in global markets — with this photo showing the main indexes all in the red. it gives more information on why there's been such a decline, saying investors are worried the global recovery is reviving long—dormant inflationary pressures on wages and prices. the philippine inquirer leads with a warning from a supreme court official that appeasing china over disputed islands in the south china sea won't work. it says it will only em

singapore is off to a good chart. , singaporeer growth will rebound. japan is more of a concern.apore having that bellwether gauge. still looking to see if these microbes signals are going to -- micro signals are going to be back in. you can get a market run down in just one click. you can find out what is affecting your investments at any given time. let us get you up to date with recent news. the timeline for gradual wrist lines remain unchanged. normalizingradually policy and the balance sheet and remains aware of any developing risks. other that officials have play down its likely impact on the economy and the financial system. president saided to be up to considerations. there is considerably -- currently no brother. the fed has been note -- rem is a bloomberg view columnist. angapore's economy grew at slower pace in the fourth quarter than previously estimated. it lost some of his momentum. gdp rose at a seasonally adjusted annualized rate of 2.1% from the previous. gdp rosethe median on a bloombey with 2%. the government's prediction was 2.8%. he has alsoson says brexit ca

i'm rico hizon in singapore. the headlines: defrosting relations: north and south korean women play their first ice hockey match ahead of the winter olympics as a united team. a crunch meeting as pressure grows on south africa's president: reports suggest jacob zuma is refusing to quit. and i'm sharanjit leyl in london. also on the programme... safety concerns and overcrowding could force climbing operators to give up on everest via the nepalese route, and take their business towards china instead. and why do so many south korean men use beauty products? we meet a one vlogger who's trying to change perceptions about men and makeup. glad you could join us. it's 9am in singapore, 1am in london, and 9am in seoul, where, days before the start of the winter olympics, some of the athletes have been taking part in warm—up matches. not a big deal, but when it's a team made up of north and south koreans, the world takes notice. a joint women's ice hockey team played a friendly against sweden. it's being seen as a sign of

i'm mariko oi in singapore. the headlines: nikolas cruz, the 19—year—old accused of killing 17 people at his former florida high school, appears in court. south africa's new president, cyril ramaphosa, vows to fight corruption after being sworn in. i'm ben bland in london. also in the programme: on the menu, we take a look at some of the local dishes being enjoyed at the winter olympics. and xin nian kuai le! happy lunar new year! chinese people around the world celebrate the spring festival. live from our studios in singapore and london. this is bbc world news. it's newsday. good morning. it's 9am in singapore, 1am in london and 8pm in parkland, florida, where a vigil is taking place to remember the 17 people killed by a teenager yesterday. these are live pictures. earlier in the day president trump promised action to make america's schools safer. nikolas cruz, a former student at the school, appeared in court. the fbi said it had been warned a year ago about the potential threat posed by cruz, but that there w

david kuojoining us from singapore.ion that make sense for private investors, not hedge fund managers, that kind of thing. interesting to get his take. many have been in touch. many are saying it is a correction driven by rate rises, some say it is a panic/ vea scenario thatis some say it is a panic/ vea scenario that is driving a correction that was needed. some of your sangyo keeping money in cash right now. interesting to to get your views. —— some of you are saying. here in the uk, the prime minister's decision to rule out membership of any kind of customs union after brexit will mean new trade barriers on british goods and services. that was the warning from the european union's chief brexit negotiator, michel barnier, in downing street on monday. 0ur political editor laura kuenssberg reports. in a hurry. notjust to catch the 1056 from brussels to london. we have not a minute to lose, because we want to achieve a deal. but the eu's chief negotiator wants to press on. it is time for bargaining, he says, as the next

i'm rico hizon in singapore. the headlines: america's gun lobby hits back, accusing its critics of exploiting the florida school shooting for political gain. to stop a bad guy with a gun, it takes a good guy with a gun. north korea says it's sending its intelligence chief to south korea for the olympics closing ceremony. donald trump is sending his daughter. i'm kasia madera in london. also in the programme. from the waste bins of fast food restaurants back onto the plates of the philippine poor. we explore the so—called "pag—pag" industry. it's a lunar new year tradition, lucky money in red envelopes. but after one chinese student sued her own parents, we ask if it is a gift or a right? live from our studios in singapore and london, this is bbc world news. it's newsday. glad you could join us. it's 9am in singapore, 1am in the morning in london, and 8pm in the eastern united states where the american gun lobby has lashed out against calls for tougher weapons limits. relatives and friends of the 17 students who d

i'm rico hizon in singapore. i'm sharanjit leyl in london. the night to save people trapped in buildings after an earthquake hits taiwan. stock markets have experienced further volatility, after dramatic moves in global share prices in the past 24 hours. north korea has launched a new beer made using an exclusive technique. according to state media, the new approach uses wheat instead of barley, and is part of leader kim jong—un's plan to lift living standards. that story on bbc.com/news. let's take a look at some front pages from around the world. the financial times looks at the drive to get more vietnamese behind the wheel with the creation of the country's first national car. vingroup is firing on all cylinders to get the new vehicle on the road within two years. they are to be unveiled at the paris car show in october. the south china morning post pays homage to one of the world's most distinguished experts on chinese civilisation. professor jao tsung—i passed away at the age of 100. his studies spanned eight decades, and have been calle