there are a lot of north korean spies in south korea, and we also learned in china that when north korean refugees went to south korea, they would get assigned to an apartment. many north koreans lived together. so, it is a little similar, north korean community in south korea. so my mother did not want to live the north korean lifestyle anymore. that is why she chose america. she wanted to live a different life. the second reason is at the similar time we read another news article mentioning about a 60-year-old grandmother who went back to high school and then she pursued her education and graduated high school at 60 years old. in asian culture, we do not have that kind of opportunity once you are of an older age and in america you have an opportunity to study. so it is very important for you guys to go to america and get your education. that is the second reason than -- reason. the third reason i can add is our family came to china, lived there for 10 years, back and forth. we do not have any relatives in china, south korea, or the u.s. but the korean-american missionary, he was the one

that is according to south korean broadcaster jtbc.daughter, chung yoo—ra, for her ties to the scandal, which resulted in an impeachment vote against park in parliament last month. heaton there has not been immediate comment from south korean authorities but we will bring you all the latest as we find out more. 2016 saw the heaton birth of the first three—person baby, a dangerous zika epidemic, and breakthroughs in a range of deadly diseases. all this week, bbc news is focusing on what the big global stories might be in 2017, and today we are focusing on health. hello, i'm tulip mazumder, the bbc‘s global health correspondent, and these are the top global health stories to look out for in 2017. it is the biggest health crisis facing the world today. some of the drugs we have taken for granted to help us get over common infections are no longer working, partly because we have over—used them. it means an estimated 700,000 people are dying from infections that are now hard or impossible to treat. the world urgently needs new antibiotics t

inmates of the south korean economy. akes up a large part of the south korean economy.are apple, some other company and you need to put in an order for parts for displays for semiconductors, samsung is often one of the first choices because they can make things faster than a lot of other companies can, and they make it as high quality. they have a reputation as a fast follower. in hardware, they are often at the leading edge. caroline: i want to see how this story continues to unravel. thank you very much indeed. the at&t ceo remains confident about one of the biggest mergers on the books in 2017. randall stephenson expects confidence that the deal with time warner will go through. the confidence level is fairly high. it is a straightforward business merger,ion, a vertical which means we don't compete with them. and so this merger closes. today after it closes, the telecom industry looks exactly like it does today. law, thisetter of the is probably a deal that ought to be approved, we think. caroline: coming up, one of you earliest executives opens up about the company'

if the south koreans target kim now, how would he respond? uld guess that he doesn't go into hiding because of that particular statement by the south, but instead he plays it and tries to demonstrate he's as prepared to escalate even sooner and prepared to be even crazier than the south and he has the advantage he can make that argument credibly. >> reporter: analysts say if kim does eventually go into hiding in the vent of a war during some kind of a decapitation strike he's got a large network of tunnels and bunkers built by his father and grandfather. experts point out in the early days of the iraq war when the allies were targeting saddam hussein and his inner circle, kim jong-un's father, kim jong-il, went into hiding for more than a month fearing he would be next. wolf? >> interesting, brian. with this news of a plan to target him, kim potentially could turn on his inner circle, fearing some kind of betrayal, right? >> reporter: that's right. he's paranoid, as we know, and some analysts believe part of the south korean strategy in reveal

it was installed by a south korean civic group and symbolizes with people referred to as comfort women. tokyo claims it violates an agreement with seoul to move past the matter. >> translator: i believe south korea needs to fulfill its own obligations, honoring the agreement is a matter of national credibility, even if the government changes. >> reporter: japan reacted by recording its ambassador halting negotiations on a currency due. south korea's government stressed it will work to improve ties. there's also another country south korea needs for defense cooperation. officials are worried about the alliance with the u.s. as donald trump is on the verge of assuming the presidency. he hinted during his election campaign he might withdraw american forces from south korea and talked about seoul shouldering more of the cost of hosting them. then there's another uncertain security issue and this time backlash is coming from inside south korea. people are upset about an american missile defense system called thaad that park geun-hye had agreed to set up. many people who live close to where

this is bloomberg. ♪ ofoline: after months investigation by prosecutors, a south korean court rejecteduest to issue an arrest warrant for jay y. lee, but is the investigation over? we spoke with the senior director of the korean economic institute and jeffrey caine. for south koreans, this would not be out of line. many south korean business leaders in the past have been convicted of white-collar crimes. the samsung chairman was convicted twice of white-collar crime, and because of his economic benefit for the nation, he was given two separate pardons. he continues his chairmanship throughout his life. is preparing to take that chairmanship must likely. he is now the vice-chairman, so technically the second in command of the empire. ifoline: elaborate, even this is not that much of a surprise to those in south korea, how much should international consumers and investors braced themselves on the back of this investigation? muchitially, you won't see change at samsung. this is accompanied the family has controlled for a long time. even if he were to face continued legal issues, the famil

the latest step in a scandal that has rocked down the south korean president.n the south korean president. there were quite a lot of people outside of that courtroom. prosecutors,and but it is a surprise that he has been asked to come in as a suspect. there is afor lee, possibility of him being arrested. he is the vice-chairman of samsung electronics, but also the de facto head of samsung group. he apologized to korean citizens when he arrived at the special prosecutor's office this morning. into whethers part samsung and other conglomerates made payments in exchange for political favors. samsung is asking questions, like -- did the south korean pro minister put pressure to support the controversial merger of 2 samsung units, which made it easier for lee to king influenced over samsung -- to influence gain over samsung as i hope? rishaad: this seems to be about succession. what does this change? ee is we know is that l groomed for this position. he is stepping up to run the group. if he is arrested and taken out of the picture, then what happens? he could still

danish police have arrested the daughter of choi soon—sil, a friend of the embattled south korean presidentfor questioning in south korea over allegations that she got preferential treatment at a top university. thousands of protesters have taken to the streets of hong kong, demanding full democracy. they accuse the government of cracking down on pro—democracy legislators and say beijing has interfered in hong kong's affairs by interpreting its local laws. helier cheung has more. it may be new year's day, but hong kong's protestors aren't celebrating. instead, they're marching through hong kong streets calling for democratic reform. activists hold pro—democracy marches every year in hong kong, but this time there is a new source of tension. these protests come months before hong kong's chief executive elections, but the protesters here argue that none of the respective candidates have any credibility e—commerce they won't have been democratically elected. the government says the legislators gave invalid oaths and so should be disqualified, but critics accuse the government of a political cr

. >>> south koreans have been seriously considering their country's future. massive protests virtually pushed their president to be suspended from office due to a growing scandal. and now there are calls to change the whole presidential system. nhk reports. >> reporter: in one of the country's largest super stores, sales in a certain section have boomed. since december, books on political reform and amending the constitution have sold well. the scandal has more people engaged in politics and awakened a desire for change. >> translator: i want to think more about how to make our country head in the right direction. >> reporter: for decades, south koreans have seen presidential scandals. two of them went to jail on multiple charges, incluluding bribery. the constitution allows the president to not only exert enormous power on his or her administration but also the legislative and judicial arms of government. some people see that system behind the corruption. >> translator: we've seen many bad situations, which were caused by the concentration of power in the ro

this is bloomberg. ♪ caroline: after months of investigation by prosecutors, this week a south korean rejected a request to issue an arrest warrant for jay y. lee, samsung's arab parent, but is -- issung's heir apparent, but the investigation completely over? we spoke with the senior director of the korean economic institute of america from washington along with geoffrey cain. >> for south koreans, this would not be something out of line. many south korean business leaders in the past, including jay lee's father, have been convicted of white-collar crimes. his father, the samsung chairman, was convicted twice of white-collar crime, and because of his economic benefit for the nation, he was given two presidential pardons by two separate president's, one in the 1990's and one in the late 2000. the continued his chairmanship throughout his life. he is now incapacitated from a heart attack and his son is preparing to take that chairmanship most likely. he is now the vice-chairman, so he is technically the second in command of the empire even though he is meeting staff. caroline: elaborate

with my friends, young people. >> reporter: park got help starting his food truck business from a south korean government program that aids defectors. grants from its corporate partners covered the startup costs of his truck. >> reporter: the food truck phenomenon has only come to south korea in the last couple of years, after the government lifted a ban due to safety and sanitation concerns. now there are over 100 food trucks like these operating in the country, and these two are owned by north korean defectors. kim kyong bin sells meat kebabs and snacks in this food truck. despite the freedom and better quality of life, she says adjusting to south korea was a challenge. >> ( translated ): when you say you are from the north, people treat you differently, like an outsider. also they might look down on you a bit. that was difficult- trying to be like a south korean, so that you can be treated fairly. >> reporter: kim and her husband are among the estimated 30- thousand north korean defectors living in south korea today, according to the south korean government. after defectors arrive, the gove

they fined the south korean ararm about $2.65 million. they also filed a complaint with prosecutors. nissan korea admits using fabricated emissions figures. company officials say they respect the ministry's decision. they say they'll cooperate with any investigation by prosecutors. nissan korea says it will do its best to prevent problems for customers and dealers. >>> the sri lankan government appears set to make a deal allowing a chinese firm to operate a port in the country for almost a century. the move is raising concern that chinese navy vessels could make the port there. the port in southern sri lanka is currently under construction from a $1.4 billion loan from china. the port is set to become one of south asia's largest. they drafted an agreement to be signed between the sri lankan government and the firm. they will hold an 80% stake in the port and secure the right to operate for 99 years. the agreement mentions that china will be in charge of the port security. the deal is likely to be signed before the end of the month. some m

south korean media are criticizing the arrest saying they constitute government suppression of free speeche question now is whether president park was personally involved in drawing up the black list. >>> legislatures in beijing and shanghai have elected close aides of chinese president xi jinping as new mayors. the municipal's people's congress elevated ying. xi was party chief of the eastern jew jang province. he held meetings at an inspection department. in beijing this gentleman was elevated. the election of xi's aides as mayors of the two most important chinese cities is viewed as part of xi's efforts to consolidate grip on his power. this comes ahead of the party convention scheduled for later this year. a major reshuffle of communist party is expected when the congress reconvenes. it does so every five years. >>> hong kong's former financial secretary says he'll be running for the city's leadership in march. he was the third most powerful person in the government and he'll face a tough race against the former number two. media outlets say sung made his announcement. beijing did not

managers at this brewery are trying to attract more south koreans. they taught their guides to speak korean and they set up an area where guests can sample barl barley. it is making it more enjoyable. afterwards visitors get to taste fresh brewed beer. they can drink up to three glasses for free. staff members also provide information on other near by attractions including maps and timetables written in korean. these efforts have paid off. 17,000 tourists now visit the brewery each year. the company has doubleder into shipments to the country. programs show visitors are interested in more than temples and scenic vistas. some times the most memorable experiences can be found off the beaten path. chinese visitors to tokyo enjoyed samples of japanese rice ahead of the lunar new year. they answered a survey from rice grower's council. it was distributed at tourist centersment they say they will give away 100,000 packages of precooked rice by mid-march. people are eating less of it due to low birthrate. he hopes they will spread the word on japanese rice.

biggest a kleiner, south korean won, volatile -- it biggest r, south korean won, volatile. 115, not acloserappetite to make a long story short. rishaad: let's move across to sydney and get the first word news headlines from haidi lun. ft says luxottica and essilor have agreed to a $53 billion merger. luxottica is the largest eyewear maker. oakley,makes ray-ban, and chanel frames. by 1.4%. up li ka-shing seeking to expand duetnergy assets by buying group for $5.5 billion. it is expected to go ahead by mid-may. it is the latest attempt to bolster his australia and business, which suffered a setback last year when his attempt to buy a majority stake in oz group was blocked by the government. korean prosecutors have delayed a decision on whether to seek an arrest warrant for jay y. lee. him forators questioned 22 hours as a suspect in the bribery investigation. prosecutors said they will make a decision by monday afternoon. the head of south korean conglomerates were pressured that question of her they were whether -- over whether they were pressured to give money to funds held by choi soon-sil

south korean prosecutors are seeking to arrest samsung vice-chairman on charges including bribery.heir briefing on some songs lee. lee is accused of participating in payments the company made to a close friend of the president in exchange for support. they say a hearing is scheduled for wednesday. allegations

it says a chinese government official has visited seoul, threatening south korean companies by sayingir business in china could suffer. the international new york times writes about how china is investing heavily in the beautiful game. it has the world's biggest football boarding school, boasting 48 fields, and the country's offering multi—million dollar contracts to top players. sushi anyone, or everyone! 7 the japan times has this enormous fish and its flamboyant owner. the sushi restaurant owner nicknamed "tuna king" has paid over $600,000 for this 212 kilogram blue fin tuna. joining us is justin urquhart stewart, director of seven investment management. good morning. good morning. we will get onto fishy matters later. let's start with donald trump and his continued scepticism despite the fa ct continued scepticism despite the fact these intelligence people keep appearing to say they are quite sure something happened. this will be fascinating. disputes have to appear. they have to reveal what is going on. the comment was the chief spook, there is the difference between healthy scep

another twist in the south korean corruption scandal as danish police arrest the daughter of presidentarks‘s closest friend. questions for indonesia after 23 people are killed when fire breaks out on a crowded ferry. others are still missing. queen elizabeth has missed a second church service as she continues to recover from a heavy cold. police in turkey are hunting for a gunman who opened fire at a nightclub packed with new year revellers, killing at least 39 people. another 69 were wounded, four of them critically, in what istanbul's governor described as a "terrorist attack". officials say some 15 foreign nationals were killed in the shooting at one of the city's most popular nightspots. the attack marks a bloody end to a year that saw ankara and istanbul targeted by several attacks carried out by the so—called islamic state group, and separately, kurdish rebels. mark lowen reports from istanbul. the mood was of celebration. one of istanbul's top nightclubs, reina, counting down to 2017. five, four, three, two... they expected a night ofjoy, a fresh start — not this. less than two

now, a south korean court will decide on wednesday whether the head of samsung should be arrested onrges in the latest twist in a corruption scandal that has engulfed the president of south korea. the family run conglomerates known as trebles were typically considered untouchables but is it now changing? a question i asked. considered untouchables but is it now changing? a question i askedm isa now changing? a question i askedm is a big shock and impact to the korean economy and it may be shocking, especially samsung is known for the global brand, essentially a very world—class company, so, you know, in the past, many chaebol chairman, like hyundai, oi’ many chaebol chairman, like hyundai, or sk group, it was shocking with samsung. it is not the first time we have seen chaebols in broad in this kind of scandal but we know, as you say, they are incredibly influential, these chaebols, just how much of the south korean economy do they control? well, it depends on how you measure that, but if you just compare it the sales —— compare the sales for samsung compare to gdp, it is 70%, so you

translation: i am very sorry to the south korean people. denied any wrongdoing, so what do prosecutors hope to find? i put the question to our korea correspondent, steve evans. the prosecutors have got hold of a second laptop, and tablet, rather, owned by the mentor of the president, a crucialfigure in this whole thing, and it is alleged there are notes of a meeting between the president of this country and mr lee, the chief of samsung, in effect, the man running samsung, in effect, the man running samsung, and the details of those meetings seem to indicate that president park expected money for herfriend's president park expected money for her friend's funds in president park expected money for herfriend's funds in return president park expected money for her friend's funds in return for the pension fund backing something, and internal change within samsung, a very important big deal within samsung, so what the evidence, prosecutor things he has got, is ha rd prosecutor things he has got, is hard disc evidence of a meeting where promises w

prosecutors want to know whether samsung another companies make payments to the south korean president for political favors and access. volumes more than doubled the three-month average. ages best-performing stock this year, up 270% after last year's 90% plunge. bloomberg dennis join strong -- data showing strong interest in foreign investors. the bank of england governor says the european union faces a greater threat to financial stability than the u.k. if brexit happens abruptly. mark carney made his strongest warning yet for a smooth transition. his warning echoes douglas flint, who earlier called for the two-year leaving period to be extended. boeing's biggest competitor itself in aommitted run-up to the inauguration. airs has a factory in alabama that employs over 1000 people. >> we have decided four years ago to invest in america not only because it is a big market for us, but this is the biggest place to be regarding aerospace. we create jobs. that, you don't know that we are probably procuring more u.s. equipments they are competitors. -- than our competitors. bloomberg. ♪ as y

plus — "i apologize to the south korean people".sung boss jay y lee is questioned in a growing corruption scandal welcome to world business report. i'm sally bundock — we'll be live in seoul in a moment for the latest on samsung. but first we are in the us where, as you've been hearing, president—elect donald trump has been dismissing claims russia holds compromising material on him, calling it "fa ke news". the row has even threatened to overshadow controversy over mr trump's business dealings and concerns he will face a major conflict of interest once in the white house. on wednesday he said he'd hold onto his business empire but hand "complete control" to his two eldest sons, donald junior and eric. so will it be enough to silence the critics? let's show you some of the details. the trump organisation is not listed on the stock market so it doesn't publish financial information. but according to private company research firm privco the real estate, hotel and leisure empire made revenues of $9.5 billion in 2014. according to bloom

the head of a south korean conglomerate has been requested a south korean prosecutors who held overnightng in ongoing political corruption scandal that has engulfed south korea, which has led to the impeachment of president park, and her future very impeachment of president park, and herfuture very much impeachment of president park, and her future very much in doubt, impeachment of president park, and herfuture very much in doubt, she having offered already to step down. but the head of south korea's biggest conglomerates, his arrest has been requested. we will bring you more on that as we have it. the turkish parliament has given preliminary approval to a new constitution that will considerably enhance the powers of the president. the final articles were passed late on sunday, with the governing ak party gaining the necessary majority. there will be a second round of voting later this week. campaigners say the wealth gap between the richest and poorest people is much wider than previously acknowledged. the charity oxfam says the top eight richest people on the planet have as much money

get more detail on the south korean gdp figures.conomy is it ending at the slowest pace in more than a year. at the slowest pace in more than a year. let's go to david ingles for more analysis. david: let's have a look at the top numbers. we did see a slowdown in the fourth quarter. beating estimates, but i guess it depends what you want to look at. estimates, longer-term trends. let's look at it through the prism of what the target was. the target of the bok was 2.7%. it basically came in line for the full year. quarter, slightly above estimates but we did see a slowdown from the previous quarter. private consumption, barely changed. this came at the same time as in political scandal started south korea. i don't want to draw a direct line between the president's thelems and the decision, spending decision of regular south koreans. here is one thing. we are getting lines out of the bok. what they are saying, you look at what the biggest rat was to growth, it was this drop in construction investment. 1.7%. now they are saying right i

will turn somewhat on what the south korean people believe would be the person best able to deal with the situation in the north. i think that will be a dominant issue. what is the population of .orth korea, and of south korea what is the stretch of the dmz zone how many miles? guest: dmz is about 20 some miles or more from seoul. city size, seoul is the dominant city in south korea depending on how you count. inis 12 or 13 million people the metropolitan area of soul. the army of self. korea is around 600,000 or so. the army of north korea is a million or more. in terms of readiness, the north koreans have negative growth and have had real problems with their military, not a military that has the resources to practice and exercise and do everything that a modern military such as the south has been doing for a long time. long areshows just how border it is between china and north korea. border with a long china. interest todeep north korea's future. it is not interested in having sanctions succeed to the extent that they might cause pain to bring down the regime. they do not wish

laura: executives at the south korean electronics firm samsung are being increasingly dragged into a huge corruptions handled that has all but ended the has allon scandal -- but ended the career of president park. bribery andcused of corruption, the samsung vice president has been dragged into a scandal that could topple south korea's government. the story centers around a four-year president between south korean president park and cult leader.of a she is accused of using her presidential connections to pressure companies to donating millions of dollars to nonprofit foundations she controls. the president was stripped of her powers in december and is faced weekly protests calling for her to step down. samsung has now been swept up in the scandal. south korea's biggest company allegedly played million -- paid millions of dollars in support of a controversial merger. the company admitted donating up to $17 million in december but denied seeking any favors in return. who has been the de facto president since his father suffered from a stroke in 2014 has to face special prosecutors for t

amid mounting criticism, duterte apologized on thursday in a ceremony that was attended by the south korean ambassador. >> i apologize for the death of your compatriot, but i can assure you those responsible are known to us already, and they will have to go to prison. >> the ngo human rights watch said the revelation about jee's murder is an ominous indicator of the breakdown of the rule of law under duterte. duterte has expressed support for the police and pledged to defend them against potential legal actions in the anti-drug campaign. >>> the indonesian finance ministry confirmed on friday that one of its former officials has been detained on his return from turkey over his suspected links to the islamic state militant group raising concerns that radical beliefs are spreading among government employees. the former civil servant was detained in bali on tuesday with his four family members. local media say he was deported by turkish authorities for allegedly trying to join the jihadists. the 39-year-old gained his master's degree in australia. he resigned from his job in the ministry's fis

samsung is accused of donating to foundations close to him impeached south korean president park geun-hyeor exchange for the government's assessment -- assistance with mergers. guest: not just the administration of donald trump, but brexit may be a challenge to the global economy. >> they are going to have a day in court tomorrow. the british supreme court is central tomorrow on whether the government can trigger brexit without consulting parliament. the legal challenge was mounted by british investment fund manager gina miller. our correspondent caught up with miller to find out what motivated her. reporter: since launching legal proceedings against the british government, gina miller has had to hire bodyguards. the investment fund manager has received numerous death threats. we know that her at her offices in one of west london's wealthy districts. >> we are about to go through brexit, which is such a momentous decision. we need people to speak up and talk about the scenarios and what will be good or bad and come to the best decision. all of those people are frightened. reporter: no pol

plus — "i apologize to the south korean people". boss jay y lee is questioned in a growing corruption scandal donald trump has angrily denied suggestions he may be vulnerable to blackmail by russia. the week before he enters the white house as the 45th president of the united states, mr trump held his first news conference in six months. in it, he admitted for the first time that he thought it was russia who had hacked the presidential campaign, and he also suggested us intelligence agencies may have leaked an unsubstantiated report that suggests russia has compromising information about him. he called the report "fake". laura bicker reports. donald trump is not a huge fan of the press call. but he had a message to send to the media and us intelligence agencies. he believes the leaked unsubstantiated allegations that his election team couuded allegations that his election team colluded with russia. it is all fake news. it is phoney stuff it did not happen. there are also claims that russian spies have compiled material to blackmail

another twist in the south korean corruption scandal as danish police arrest the daughter of president parks's closest friend. i'm sally bundock. in business: free cash if you get a job or not — the finnish government tries paying the unemployed a basic income in a bid to get them back to work. and with india still reeling from the decision to scrap the country's most widely used notes, modi announces plans to help those struggling with the move. but first, turkish police are hunting for the gunman who opened fire on revellers celebrating the new year at a nightclub in istanbul. the funerals have been held for some of the thirty—nine people killed. turkish media reported that several of the dead were from arab countries. mark lowen reports from istanbul. the mood was of celebration. one of istanbul's top nightclubs, reina, counting down to 2017. five, four, three, two... they expected a night ofjoy, a fresh start — not this. less than two hours into the new year, a gunman opened fire outside, bullets ricocheting as he shot a policeman and a civilian. another camera showed people coweri

the top south korean legal body has six months to review the case and come to a verdict.charges, the powers of the disgraced president could be reinstated. kevin, thanks for bringing us up—to—date with the specifics of the trial, but tell us a bit about the latest on the daughter at the centre of the scandal. the woman, choi soon—sil, you mentioned, here daughter chung yoo ra was arrested in denmark and south korean authorities are seeking extradition. that's right. chung yoo ra, the daughter of the close friend of the president was arrested on sunday on charges of illegal stay in denmark. since then, she has been in custody and lawyers have been appointed. prosecutors in seoul want to question her soon because they feel she is a key witness and will have vital information against her mother but until now, the daughter has distanced herself with charges related to her mother. the daughter herself is suspected of receiving favours in her university admissions process by taking advantage of her mother's ties with the president and criminal extradition process is under way t

the scandal surrounding south korean president park geun—hye has intensified with the arrest by danisholice of the daughter of a close friend and confidante. the daughter, chung yoo—ra, a medal—winning dressage rider, is wanted for questioning over allegations that she got preferential treatment at a top university. queen elizabeth has missed the traditional new year's day church service at sandringham, because of a lingering heavy cold. she also missed the service on christmas day and hasn't been seen in public for at least 12 days. but her daughter said the 90—year—old monarch is feeling "better." now on bbc news, it's time to look forward to 2017 with dateline london. hello, and welcome to dateline london's look ahead to 2017. what a joyful year it's going to be. britain will move calmly towards brexit, the european union will solve all its problems with migration, unemployment and insolvent banks, donald trump will begin a glorious four years as president, the middle east will finally be at peace, and we can all dream. back in the real world, let's hear what our expert panel think.

julie: what has been the company's history with the south korean government? yr and marvin south korea are intertwined. if you go back to the years following the korean war -- samsung and modern south korea are intertwined. if you go back to the years following the korean war, it was decided that the expert industry was the way forward. the government worked hand-in-hand with specially family-owned conglomerates, to make them national champions. lendinghan favorable practices -- that gave comparable lending practices and support that allow them to become the lg's, samsungs that we know today. david: tell us about the father. sam: he has been presiding over samsung until about two years ago when he suffered a heart attack has been effectively incapacitated since. but he is the maker of modern samsung. it was his father who founded the company but it was he who brought it into the age of electronics, the internet, all the things we know it for today. humans very large oak -- he looms very large over the company culturally and it was expected that his son jay y. w

a south korean court will decide on wednesday whether the boss of samsung should be arrested on briberyyong is accused of paying around $36 million to organisations controlled by a friend of the south korean president. it's alleged that the de facto leader of samsung received favours that helped him gain control of the company. two things are dominating business today, theresa may's speech and what is going on in davos. it is a big day there for other reasons but you found this story quite amusing, coming out of the swiss ski resort. yes, somebody has decided to cash in on the low temperatures, they are given away free hats, seen as a good marketing tactic. i hope the hats have a nice bobble on the top, that is the trend. also on the businesslike page, lots of information on what is happening with the e. —— on the business live page. soon we will be speaking with the markets expert. rolls royce is paying more than $800 million to settle a bribery probe with uk, us and brazilian authorities. the british engineering group was accused of paying to win contracts in indonesia, china, brazil

in december, 2015, the japanese government did apologise to south korean survivors.gn of a similar offerfor the philippines. the women suspect their government hasn't been pressing japan hard enough out of fear it will damage the alliance. but even so, estellita's daughter says taking part in rallies has been a comfort. when her mum first started in the 1990s, it was a huge surprise. many of the women kept silent for decades out of shame. estellita said nothing for 50 years. in mapanique, it's mileng's birthday party. she's invited the other survivors of the red house to join the family celebrations. but her sister lita seems to have lost count of how old she is. # happy birthday to you...#. cheering these two women have spent their whole lives together, but they almost lost each other. after they were released from the red house, it took them nearly three days to find one another. music plays history books in the philippines make little mention of the suffering of their women during the second world war. fidencia has made it her mission to educate young people about

the scandal surrounding south korean president park geun—hye has intensified with the arrest by danisholice of the daughter of a close friend and confidante. the daughter, chung yoo—ra, a medal—winning dressage rider, is wanted for questioning over allegations that she got preferential treatment at a top university. queen elizabeth has missed the traditional new year's day church service at sandringham, because of a lingering heavy cold. she also missed the service on christmas day. but her daughter, the princess royal has said the 90—year—old monarch is feeling better. now on bbc news, hardtalk. welcome to hardtalk with me, zeinab badawi. my guest is comedian and satirist trevor noah, who presents one of the most influential programmes on american tv, the daily show. born a crime to a black mother and white father in apartheid south africa, he has navigated his way through the explosive issue of race and identity. with critics claiming that donald trump's victory has encouraged intolerant rhetoric, does he fear that the space for liberal satire such as his is shrinking? trevor noah, w

it's a stunning turn of events from a member of the south korean it richest family.nd embezzlement allegations. he is accused of the scandal that led to the impeachment of the south korean president. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. tom: thanks so much. we do some checks. let's look at equities, ons, commodities. the u.s. markets are closed today for martin luther king day. we look at our own markets. we will see if that flattens out. what i am really looking at this morning is sterling with the 119. i would also note in the last hour we have seen further mexico weakness in turkish weakness as well. guy: back on the front foot, that seems to be the case. let me show you what's going on here. future, thisuilt is on the back of sterling. also outperforming is the ftse 100. 73 is where we are now. we could see future, this is on the back of sterling. a 13th day up. sterling is going down and it goes up. bcp has reacted very little to the downgrade because the ecb is compressing s

the south korean kospi rallied a percent after samsung, the heaviest weighted stock, gains 2% despite the possibility bet vice-chairman could arrested. not surprising, given that in south korea, we have seen other executives of conglomerates accused of bribery and corruption. ,lso, coming back to companies leading their companies again. investors are taking that with a grain of salt and looking at their latest profits. samsung has done pretty well. doing a commodities -- commodities as well in asia, the --kei leading declines in nickel leading declines in ofals as concerns come out indonesia as they increase output. iron ore up 1%, people asking themselves, what's going on with iron ore prices? we thought it was a supply side thing. it keeps getting flooded. iron ore prices continue to rise, and the rally on the metal, passing that 70 level. looking mixed, but the two-year in japan and australia, losing a bit of ground with yields gaining in japan .6 basis points. let's get to haidi lun. japanese prime minister shinzo abe urges asian nations tpp as early as possible. donald trump camp