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Mar 25, 2024
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i'm steve lai.of global businesses is under way. chinese premier li qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access to chinese markets. foreign direct investment into china has continued to fall after hitting the lowest level in three decades last year.
i'm steve lai.of global businesses is under way. chinese premier li qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access to chinese markets. foreign direct investment into china has continued to fall after hitting the lowest level in three decades last year.
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Mar 27, 2024
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i'm steve lai. the headlines. the whole bridge fell down! police in baltimore say six people are presumed dead after a bridge collapsed and are moving to a recovery effort. these are like pictures of the port in baltimore. we will have the latest from our correspondence on the scene. meanwhile, the bombardment continues in gaza and israel recalls negotiators from mediation talks in doha — despite a un resolution calling for a ceasefire. and do you know your katsu from your donburi? we'll look at some of the japanese words making their way into the english dictionary. it's 9am in the morning here in singapore, and 9pm in the evening in baltimore, where six people are now presumed to have died, after a container ship struck a bridge, bringing it crashing down. so far, only two people have been rescued. this is the scene live in baltimore, where the search and rescue operation has now been suspended and it will now be moving to a recovery mission. it's thought the ship lost power, and the crew on board
i'm steve lai. the headlines. the whole bridge fell down! police in baltimore say six people are presumed dead after a bridge collapsed and are moving to a recovery effort. these are like pictures of the port in baltimore. we will have the latest from our correspondence on the scene. meanwhile, the bombardment continues in gaza and israel recalls negotiators from mediation talks in doha — despite a un resolution calling for a ceasefire. and do you know your katsu from your donburi? we'll look...
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Mar 25, 2024
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i'm steve lai.i qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access
i'm steve lai.i qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access
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Mar 28, 2024
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welcome to newsday, reporting live from singapore, i'm steve lai. the headlines. maryland police recover the bodies of two missing people who went into the water after a ship crashed into a bridge in baltimore. divers recovered to victims of this tragedy trapped within the vehicle. the un high commissioner for human rights says israel is significantly to blame for the appalling humanitarian situation in gaza, where famine is looming. the collective punishment that was declared was the siege and indeed amounts to a war crime and needs to be dealt as such. and confusion in slovakia. was the bear which was shot dead after this rampage really the one which was responsible? this is bbc news. it is newsday. it's 9:00 in the morning in singapore, and 9:00 in the evening in baltimore where officials say there is no longer any hope of finding survivors after a bridge collapsed when it was struck by a container ship. it's been confirmed that two bodies have been recovered. they've been identified as construction workers 26 and 35 years of age, who were filling pot holes in
welcome to newsday, reporting live from singapore, i'm steve lai. the headlines. maryland police recover the bodies of two missing people who went into the water after a ship crashed into a bridge in baltimore. divers recovered to victims of this tragedy trapped within the vehicle. the un high commissioner for human rights says israel is significantly to blame for the appalling humanitarian situation in gaza, where famine is looming. the collective punishment that was declared was the siege and...
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Mar 27, 2024
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reporting live from singapore, i'm steve lai. the headlines. police in baltimore say six people are presumed dead after a bridge collapsed and are moving to a recovery effort. these are live pictures of the scene, officials say they want to check the ship's recorder to establish just what happened. the bombarment continues in gaza and israel recalls negotiators for mediation talks in doha, despite a un resolution calling for a cease—fire. nbc news backtracks on the hiring of former republican leader ronna mcdaniel after an internal revolt from the us network's top stars. it is eight in the morning in singapore and eight in the evening in baltimore, were six people are presumed to have died after a container ship struck a bridge, bringing it crashing down. search teams have now suspended they work for the day. it's thought the ship lost power and the crew on board were helpless as it headed toward the supports of the francis scott key bridge. this is the moment the huge container ship struck the bridge. as you can see, it triggered a reaction wi
reporting live from singapore, i'm steve lai. the headlines. police in baltimore say six people are presumed dead after a bridge collapsed and are moving to a recovery effort. these are live pictures of the scene, officials say they want to check the ship's recorder to establish just what happened. the bombarment continues in gaza and israel recalls negotiators for mediation talks in doha, despite a un resolution calling for a cease—fire. nbc news backtracks on the hiring of former republican...
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Mar 25, 2024
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i'm steve lai.et's begin in china where an annualforum attended by chinese policymakers and the leaders of global businesses is under way. chinese premier li qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access to chinese markets. foreign direct investment into china has continued to fall, after hitting the lowest level in three decades last year. the managing director of the international monetary fund says china faces "a fork in the road" where it can choose to move away from policies that have worked in the past, and re—invent itself. it is very important to open up more space for entrepreneurship and create new drivers for growth, new industries that can bring china's prosperity up. julia lee from state street global advisors says she is seeing some signs of a pick up in investments in china. this is an interesting one and one that's making headlines around financial markets. when we do have a look at exchan
i'm steve lai.et's begin in china where an annualforum attended by chinese policymakers and the leaders of global businesses is under way. chinese premier li qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access to chinese markets. foreign direct investment into china has continued to fall, after hitting the lowest level in three decades last year. the managing director of the international monetary fund...
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Mar 26, 2024
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i'm steve lai. we start with boeing. it has announced that its chief executive will step down later this year. has been under pressure since a panel on a boeing 737 blew off midflight in the us injanuary. amid the deepening safety crisis, two other senior executives are also leaving the company. the bbc�*s international business correspondent theo leggett has more. a terrifying moment for passengers as a door flew off a brand—new alaska airlines boeing 737 max injanuary. the incident plunged boeing into a crisis, raising questions about its attitude to safety. now the boss, dave calhoun, says he's stepping down. he was appointed at a desperate time for the company. bad design and corporate failures had been blamed for two tragic accidents involving the 737 max — in ethiopian and in indonesia — in which 346 people died. mr calhoun promised change but critics say that hasn't happened. he had opportunities to make changes as a member of the board. certainly in a ceo position, it's been one failure after the other, so i can'
i'm steve lai. we start with boeing. it has announced that its chief executive will step down later this year. has been under pressure since a panel on a boeing 737 blew off midflight in the us injanuary. amid the deepening safety crisis, two other senior executives are also leaving the company. the bbc�*s international business correspondent theo leggett has more. a terrifying moment for passengers as a door flew off a brand—new alaska airlines boeing 737 max injanuary. the incident...
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Mar 19, 2024
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i'm steve lai. nvidia has unveiled its latest chip that could transcend generative ai technology to the next level. the new processor could scale up the company's dominance in the chipmaking industry. our north american business correspondent erin delmore has the details. nvidia unveiled its new graphics processing unit at a developers conference in california on monday. it is meant to build on the success of the company �*s existing gpus which are in demand around the world. nvidia makes powerful chips that are used to develop ai technology and the blackwell is expected to allow more advanced ai models to be built. it is also expected to be a boon for the company which has ridden ai enthusiasm to the top of the market. at the developers conference in california on monday the ceo of the company called generative ai the defining technology of our time. some of the biggest names in tech are expected to use blackwell gpus and we expect to see the technology in action later this year. bob o'donnell from
i'm steve lai. nvidia has unveiled its latest chip that could transcend generative ai technology to the next level. the new processor could scale up the company's dominance in the chipmaking industry. our north american business correspondent erin delmore has the details. nvidia unveiled its new graphics processing unit at a developers conference in california on monday. it is meant to build on the success of the company �*s existing gpus which are in demand around the world. nvidia makes...
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Mar 25, 2024
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i'm steve lai.et's begin in china where an annual forum attended by chinese policymakers and the leaders of global businesses is under way. chinese premier li qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access to chinese markets. foreign direct investment into china has continued to fall, after hitting the lowest level in three decades last year. julia lee from state street global advisers told us she is seeing some signs of a pick—up in investments. making headlines. there has been a lot happening in some of the new changes mean more investment which means greatness for exchange coming at a time when the japan central is looking at using etf purchases so watching china closely. the other thing we have been watching with china which is a bit of a contrary and at the moment is the flow of china of etf have been closer to 202k. so it may be an early indicator that it does look like some investors, very early, wi
i'm steve lai.et's begin in china where an annual forum attended by chinese policymakers and the leaders of global businesses is under way. chinese premier li qiang has downplayed concerns about the health of the world's second largest economy. he also pledged to give overseas businesses more access to chinese markets. foreign direct investment into china has continued to fall, after hitting the lowest level in three decades last year. julia lee from state street global advisers told us she is...
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Mar 27, 2024
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i'm steve lai.e begin with the collapse of a major bridge in the us city of baltimore after a container ship crashed into it. authorities have said they've suspended search operations and six missing people are presumed dead. baltimore port — one of the east coast's busiest ports — is closed and us carmakers general motors and ford have said they will have to re—route some shipments. tinglong dai is a professor from thejohns hopkins carey business school. he gave us a sense of the impact of the port closure. the port of baltimore is the largest automobile import—export port and in the short term it will have a huge impact on the automobile industry. could you elaborate on the ramifications? what will be the knock—on effects? to start with, the container ship is already here and stuck and they cannot get it out. you can't get anything in, you have to reroute to other ports. the impact differs depending on different manufacturers. bmw, for example, has not been affected because its terminal is on the
i'm steve lai.e begin with the collapse of a major bridge in the us city of baltimore after a container ship crashed into it. authorities have said they've suspended search operations and six missing people are presumed dead. baltimore port — one of the east coast's busiest ports — is closed and us carmakers general motors and ford have said they will have to re—route some shipments. tinglong dai is a professor from thejohns hopkins carey business school. he gave us a sense of the impact...
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Mar 28, 2024
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i'm steve lai. officials have recovered two bodies in baltimore. a bridge collapsed in the us city on tuesday when a container ship crashed into it. investigators have just said some containers on the ship, containing corrosives and lithium ion batteries, were "breached". the ship was leaving the port of baltimore — one of america's largest. it has since been closed, causing havoc on the movement of goods. it's thought that 8,000 jobs have been affected by the collapse of the bridge. the collapse of the key bridge is notjust a maryland crisis, it is a crisis for the globe. the national economy and the world's economy depends on the port of baltimore. the port handles more cars and more farm equipment than any other port in the country. global supply chains are already facing challenging times with attacks in the red sea and water shortages in the panama canal. harry murphy cruise, an economist at moody's analytics, gave us a sense of the impact of the port closure in baltimore. at the moment we see supply chains across the world being incredibly st
i'm steve lai. officials have recovered two bodies in baltimore. a bridge collapsed in the us city on tuesday when a container ship crashed into it. investigators have just said some containers on the ship, containing corrosives and lithium ion batteries, were "breached". the ship was leaving the port of baltimore — one of america's largest. it has since been closed, causing havoc on the movement of goods. it's thought that 8,000 jobs have been affected by the collapse of the...
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Mar 18, 2024
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i'm steve lai. in india, officials have lowered import taxes on some electric vehicles made by companies that invest at least $500 million in the country and start production within three years. i am joined start production within three years. iamjoined by start production within three years. i am joined by our india business correspondent in mumbai. this announcement, could it be a game changer? yes, indeed, it is very much in line with the kind of lobbying companies such as tesla have been doing with the indian government over the past several months. elon musk famously complained a few months ago that the indian duty structures are way too high for the likes of haslar to bring investment into the country. and he was right, india currently levies about 70—100% import duties on electric vehicles. —— the likes of tesla. this will bring it down to 50% and allow ev makers to make 8000 cars per head, the value over $35,000. as pointed out, this is conditional on them investing roughly $500 million in i
i'm steve lai. in india, officials have lowered import taxes on some electric vehicles made by companies that invest at least $500 million in the country and start production within three years. i am joined start production within three years. iamjoined by start production within three years. i am joined by our india business correspondent in mumbai. this announcement, could it be a game changer? yes, indeed, it is very much in line with the kind of lobbying companies such as tesla have been...
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Mar 12, 2024
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i'm steve lai.e begin in the philippines, where the us commerce secretary gina raimond has said american companies are set to announce investments amounting to more than $1 billion. raimondo is heading a two—day trade and investment mission, the first of its kind for the southeast asian nation. her delegation includes executives from 22 companies including united airlines, alphabet, visa and microsoft. just look at the many american companies that provide employment and professional development for thousands of filipinos, putting them on a path to higher paying jobs. in fact, on this trip alone, these companies are announcing over $1 billion of us investments, including creating educational opportunities to over 30 million filipinos. presidentjoe biden has proposed a $7.3 trillion budget on monday, calling for new social programmes and higher taxes on corporations and the wealthy. the plan offers a stark contrast with donald trump's economic vision ahead of november's us presidential election. the b
i'm steve lai.e begin in the philippines, where the us commerce secretary gina raimond has said american companies are set to announce investments amounting to more than $1 billion. raimondo is heading a two—day trade and investment mission, the first of its kind for the southeast asian nation. her delegation includes executives from 22 companies including united airlines, alphabet, visa and microsoft. just look at the many american companies that provide employment and professional...
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Mar 19, 2024
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reporting live from singapore, i'm steve lai. says there is still time to halt the crisis. meanwhile in a call with benjamin netanyahu, joe biden raises concerns over israel's planned rafah offensive, teams from both sides will meet in washington to discuss it. gang violence continues in haiti, with the nation paralysed in a political impasse. and a new picture of the princess of wales — the sun newspaper publishes photos that appear to show the princess smiling whilst out shopping with prince william. live from our studio in singapore, this is bbc news — it's newsday. we start this hour with a united nations—backed report that says famine is imminent in northern gaza, as the war between israel and hamas continues. the un is warning that 1 million people — that's half of the territory's population — are now facing starvation. the european union's foreign policy chief, josep borrell, accused israel of using starvation as a weapon of war — a claim israel rejects. 0rla guerin, our senior international correspondent, has more from je
reporting live from singapore, i'm steve lai. says there is still time to halt the crisis. meanwhile in a call with benjamin netanyahu, joe biden raises concerns over israel's planned rafah offensive, teams from both sides will meet in washington to discuss it. gang violence continues in haiti, with the nation paralysed in a political impasse. and a new picture of the princess of wales — the sun newspaper publishes photos that appear to show the princess smiling whilst out shopping with...
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Mar 13, 2024
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i'm steve lai. let's begin with tiktok, which is facing the most serious threat yet to its existence in america. on wednesday, lawmakers in the house of representatives are set to vote on a new bill, which could result in a ban on the popular app in the us where it has more than 170 million users. the bbc�*s michelle fleury has more from new york. time may be running out for tiktok in its largest market — the united states. if successful, new legislation would force tiktok�*s chinese owner, bytedance, to find a new non—chinese owner orface removal from us app stores. ahead of a house vote on the bill on wednesday, lawmakers received a classified briefing from intelligence officials on the administration's worries about the video app and how it could potentially use data it collects from americans. democrats said the stakes couldn't be higher. my concerns are they will try to influence the election and elect donald �*tiktok�* trump. presidential hopeful donald trump. —— among those opposing the ban,
i'm steve lai. let's begin with tiktok, which is facing the most serious threat yet to its existence in america. on wednesday, lawmakers in the house of representatives are set to vote on a new bill, which could result in a ban on the popular app in the us where it has more than 170 million users. the bbc�*s michelle fleury has more from new york. time may be running out for tiktok in its largest market — the united states. if successful, new legislation would force tiktok�*s chinese...
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Mar 13, 2024
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reporting live from singapore, i'm steve lai. us president. the uk calls for answers from israel, after a bbc report shows medical staff in gaza's nasser hospital being beaten and humiliated by israeli troops. protests in haiti's capital — following the prime minister's resignation there are hopes that a transitional council will be appointed within days. as thailand celebrates national elephant day, we'll hear from a conservationist about the significance of the day. live from our studio in singapore — this is bbc news. it's newsday. we start with breaking news from the united states. president biden will be the 2024 presumptive democratic nominee after winning the georgia primary and amassing the 1,968 delegates needed to win the nomination.
reporting live from singapore, i'm steve lai. us president. the uk calls for answers from israel, after a bbc report shows medical staff in gaza's nasser hospital being beaten and humiliated by israeli troops. protests in haiti's capital — following the prime minister's resignation there are hopes that a transitional council will be appointed within days. as thailand celebrates national elephant day, we'll hear from a conservationist about the significance of the day. live from our studio in...
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Mar 28, 2024
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i'm steve lai. officials in the us city of baltimore say they've recovered two bodies. a bridge collapsed on tuesday when a container ship crashed into it, after losing power. the ship was leaving the port of baltimore — one of america's largest. it has been closed since causing havoc on the movement of goods. it's thought 8000 jobs have been affected by the collapse of the bridge. the collapse of the mac key bridge is notjust a crisis for us it is a crisis for the globe. the national economy and the world �*s economy depends on the world �*s economy depends on the port of baltimore. the port handles more cars and more farm equipment than any other port in the country. let's get more on the impact on global supply chains, which are already facing challenging times with those attacks in the red sea and water shortages in the panama canal. harry murphy cruise is an economist at moody's analytics. at the moment we see supply chains across the world being incredibly strained and certainly this does not help. that said, the aggregate impacts of the disaster we saw earlier th
i'm steve lai. officials in the us city of baltimore say they've recovered two bodies. a bridge collapsed on tuesday when a container ship crashed into it, after losing power. the ship was leaving the port of baltimore — one of america's largest. it has been closed since causing havoc on the movement of goods. it's thought 8000 jobs have been affected by the collapse of the bridge. the collapse of the mac key bridge is notjust a crisis for us it is a crisis for the globe. the national economy...
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Mar 29, 2024
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i'm steve lai.e begin in the us where the co—founder of the failed crypto exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison for defrauding customers and investors of his now—bankrupt firm. the ruling cements the downfall of the former billionaire, who emerged as a high profile champion of crypto before his firm's dramatic collapse in 2022. the bbc�*s erin delmore has the latest from new york. a stunning fall for sam bankman—fried, a crypto exchange founder and mogul in the industry who graced the cover of forbes magazine and appeared on stage with tony blair and bill clinton. american football player, tom brady, and supermodel gisele bundchen starred in his company's ads. he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange fdx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out
i'm steve lai.e begin in the us where the co—founder of the failed crypto exchange ftx, sam bankman—fried, has been sentenced to 25 years in prison for defrauding customers and investors of his now—bankrupt firm. the ruling cements the downfall of the former billionaire, who emerged as a high profile champion of crypto before his firm's dramatic collapse in 2022. the bbc�*s erin delmore has the latest from new york. a stunning fall for sam bankman—fried, a crypto exchange founder and...
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Mar 18, 2024
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i'm steve lai. let's begin in the middle east, where negotiators are set to make a fresh push for a ceasefire in the war between israel and gaza. israeli prime minister benjamin netanyahu said it would send a delegation to qatar for a new round of discussions, even as he rejected hamas�*s latest proposal for a truce. geo—political tensions are a risk for the martime industry as the houthi rebels have kept up attacks on ships in the red sea. could let's speak peter tirschwell — vice president of maritime and trade at s&p global market intelligence. i think that the way we should look at it is to say that this is certainly a maritime disruption. it certainly a supply chain disruption. it is far less clear that it is a trade disruption. it does not seem to be in economic obstruction.— seem to be in economic obstruction. so you're not seeinu obstruction. so you're not seeing such _ obstruction. so you're not seeing such impact - obstruction. so you're not seeing such impact as - obstruction. so you're n
i'm steve lai. let's begin in the middle east, where negotiators are set to make a fresh push for a ceasefire in the war between israel and gaza. israeli prime minister benjamin netanyahu said it would send a delegation to qatar for a new round of discussions, even as he rejected hamas�*s latest proposal for a truce. geo—political tensions are a risk for the martime industry as the houthi rebels have kept up attacks on ships in the red sea. could let's speak peter tirschwell — vice...
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Mar 11, 2024
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welcome to newsday, reporting live from singapore, i'm steve lai.o leave cyprus after securing all necessary permits to travel. —— 200 tonnes. it's the final day of china's national people's congress. it's the final day of china's national people's congress. we'll look at what the government in beijing could announce about the year ahead. and the biggest night on the entertainment calendar is finally upon us. will oppenheimer dominate the 2024 oscars? welcome to bbc news. we begin in cyprus, where a spanish charity ship carrying vital supplies is preparing to set sail for gaza — along a new maritime aid corridor. it's been loaded with around 200 tonnes of food and medical supplies.
welcome to newsday, reporting live from singapore, i'm steve lai.o leave cyprus after securing all necessary permits to travel. —— 200 tonnes. it's the final day of china's national people's congress. it's the final day of china's national people's congress. we'll look at what the government in beijing could announce about the year ahead. and the biggest night on the entertainment calendar is finally upon us. will oppenheimer dominate the 2024 oscars? welcome to bbc news. we begin in...
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Mar 21, 2024
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welcome to newsday, reporting live from singapore, i'm steve lai.ave a special report on the sudan crisis, described as a "war the world's forgotten". the bbc has uncovered harrowing evidence of the violence experienced by women in the ongoing conflict. translation: this is - because rape leaves an impact on society and the family. they used it as a weapon of revenge. the uk's largest delivery of aid arrives in gaza as america's top diplomat visits saudi arabia amid a renewed push for a ceasefire. irish prime minister leo varadkar announces he's going to step down. politicians are human beings and we have our limitations. we give it everything until we can't any more, and then we have to move on. and baseball sensation shohei 0htani has made his regular season debut with the la dodgers in seoul, sending his fans into a frenzy. voice-over: live from our studio in singapore, - this is bbc news. it's newsday. welcome to bbc news — broadcasting to viewers in the uk and around the world. let's start in sudan where the conflict is described as the war the
welcome to newsday, reporting live from singapore, i'm steve lai.ave a special report on the sudan crisis, described as a "war the world's forgotten". the bbc has uncovered harrowing evidence of the violence experienced by women in the ongoing conflict. translation: this is - because rape leaves an impact on society and the family. they used it as a weapon of revenge. the uk's largest delivery of aid arrives in gaza as america's top diplomat visits saudi arabia amid a renewed push for...
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Mar 20, 2024
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reporting live from singapore, i'm steve lai.lions of people are at a risk of dying from diseases and starvation in sudan after 11 months of civil war. we have a special report. my last pills finished three days before the war. from that moment on, i'm suffering. i'm in constant pain. i'm so tired. a stark warning about the worsening humanitarian crisis in gaza from america's top diplomat antony blinken, who calls on israel to prioritise providing for those in need. the uk's foreign secretary lord cameron has criticised hong kong's new security law — but the authorities say new restrictions are neccessary to keep order. kensington palace confirms the footage taken in windsor over the weekend is of the princess of wales. and the name's bond, james bond — but who will play him? we look at the runners and riders in the race to become the next 007. we begin in sudan, with a conflict described as the war the world forgot. sudan, a predominantly muslim country, is situated in northeast africa. it is one of the continent's largest natio
reporting live from singapore, i'm steve lai.lions of people are at a risk of dying from diseases and starvation in sudan after 11 months of civil war. we have a special report. my last pills finished three days before the war. from that moment on, i'm suffering. i'm in constant pain. i'm so tired. a stark warning about the worsening humanitarian crisis in gaza from america's top diplomat antony blinken, who calls on israel to prioritise providing for those in need. the uk's foreign secretary...
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Mar 31, 2024
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i'm steve lai.e begin with the purchase of us steel, japan's industrial giant has defended its proposed acquisition of the united states second biggest steel producer. the deal was agreed in n'simba, but the white house said last month that the company should remain in domestic ownership. their incoming president has called for its deep roots in the united states to be recognised. here is our business reporter. here is our business reporter. here he is, the new president. here he is, the new president. he takes a post today and on the top of a tricky assignment from a $14 billion purchase of us steel. a deal has been agreed, but it's united these two, president biden and his predecessor, president trump, donald trump has said he will block the deal if he is reelected later this year and president biden last month noted it has been an iconic american steel company for more thanit american steel company for more than it century. and he said it's vital for her to remain than it century. and he said it'
i'm steve lai.e begin with the purchase of us steel, japan's industrial giant has defended its proposed acquisition of the united states second biggest steel producer. the deal was agreed in n'simba, but the white house said last month that the company should remain in domestic ownership. their incoming president has called for its deep roots in the united states to be recognised. here is our business reporter. here is our business reporter. here he is, the new president. here he is, the new...
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Mar 18, 2024
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i'm steve lai. in india, officials have lowered import taxes on some electric vehicles made by companies that invest at least $500 million in the country and start production within three years. i'm joined by our india business correspondent in mumbai. this announcement, could it be a game changer? absolutely, and very much in line with the kind of lobbying companies such as tesla has been doing with the indian government, getting them to reduce these taxes. elon musk famously complained about the fact that the duty structures in india were very high, preventing tesla from coming into india. he was right, india currently levies an import duty of 70-100% currently levies an import duty of 70—100% on electric vehicles. with the new policy, that would collapse to about 15%, and ev makers would essentially be allowed to bring in 8000 vehicles of the value of over $35,000. as you said, this is conditional upon them investing $500 million over the next three years, essentially creating a manufacturing bas
i'm steve lai. in india, officials have lowered import taxes on some electric vehicles made by companies that invest at least $500 million in the country and start production within three years. i'm joined by our india business correspondent in mumbai. this announcement, could it be a game changer? absolutely, and very much in line with the kind of lobbying companies such as tesla has been doing with the indian government, getting them to reduce these taxes. elon musk famously complained about...
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Mar 31, 2024
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reporting live from singapore, i'm steve lai.in an operation. asa as a power as a power vacuum as a power vacuum in haiti is filled by armed gangs, we have the special report. v0|ce—0ver: live from our studio in singapore, this is bbc news. it's newsday. we start in the middle east where thousands of protesters have gathered in cities across israel to call for an election due to the government's handling of the ongoing crisis in gaza. prime minister benjamin netanyahu says that it would paralyse the country and stop efforts to beat hamas. he had surgery sunday night for a hernia and temporarily replaced by his deputy. mr netanyahu
reporting live from singapore, i'm steve lai.in an operation. asa as a power as a power vacuum as a power vacuum in haiti is filled by armed gangs, we have the special report. v0|ce—0ver: live from our studio in singapore, this is bbc news. it's newsday. we start in the middle east where thousands of protesters have gathered in cities across israel to call for an election due to the government's handling of the ongoing crisis in gaza. prime minister benjamin netanyahu says that it would...
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Mar 28, 2024
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welcome to newsday, reporting live from singapore, i'm steve lai. the headlines.who went into the water after a ship crashed into a bridge in baltimore. divers recovered to victims of this tragedy trapped within the vehicle. the un high commissioner for human rights says israel is significantly to blame for the appalling humanitarian situation in gaza, where famine is looming. the collective punishment that was declared was the siege and indeed amounts to a war crime and needs to be dealt as such. and confusion in slovakia. was the bear which was shot dead after this rampage really the one which was responsible? this is bbc news. it is newsday.
welcome to newsday, reporting live from singapore, i'm steve lai. the headlines.who went into the water after a ship crashed into a bridge in baltimore. divers recovered to victims of this tragedy trapped within the vehicle. the un high commissioner for human rights says israel is significantly to blame for the appalling humanitarian situation in gaza, where famine is looming. the collective punishment that was declared was the siege and indeed amounts to a war crime and needs to be dealt as...
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Mar 15, 2024
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welcome to newsday, reporting live from singapore — i'm steve lai.his way. the russians prepare to vote in an election where vladimir putin faces no real challenges. hundreds of people have been rescued from a scam centre in the philippines that made them pose as lovers online. meeting boss of british vogue — the first black woman to be in charge of the worlds best—known fashion magazine. announcer: live from our studios in singapore, - this is bbc news. it's newsday. hello and welcome to the programme. we begin with updates on the israel—gaza war. the leader of the us senate has made the strongest criticism yet — by a senior american official — of benjamin netanyahu's handling of the war in gaza. chuck schumer said israel should hold new elections — and suggested mr netanyahu risked making his
welcome to newsday, reporting live from singapore — i'm steve lai.his way. the russians prepare to vote in an election where vladimir putin faces no real challenges. hundreds of people have been rescued from a scam centre in the philippines that made them pose as lovers online. meeting boss of british vogue — the first black woman to be in charge of the worlds best—known fashion magazine. announcer: live from our studios in singapore, - this is bbc news. it's newsday. hello and welcome to...
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Mar 29, 2024
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hello and welcome to asia business report with me, steve lai. we begin in the united states where the co—founder of the failed crypto exchange, sam bankman—fried, has been sentenced to 25 years in prison for defrauding customers and investors of his now bankrupt firm. the ruling cements the downfall of the former billionaire who emerged as a high profile champion of crypto before his firm's dramatic collapse in 2022. the collapse in 2022. 32—year—old said in court he the 32—year—old said in court he knew a lot of people have been let down before the sentence. providing a hard assessment to his say he lied at trial when he claimed had been unaware that his company were taking money entrusted to them by customers and using it for other purposes. just in our crypto ——. i for other purposes. just in our crypto ---_ crypto --. i feel like an appmpriate _ crypto --. i feel like an appropriate sentence. l crypto --. i feel like an appropriate sentence. i crypto --. i feel like an - appropriate sentence. i feel them lotta people would have them lotta pe
hello and welcome to asia business report with me, steve lai. we begin in the united states where the co—founder of the failed crypto exchange, sam bankman—fried, has been sentenced to 25 years in prison for defrauding customers and investors of his now bankrupt firm. the ruling cements the downfall of the former billionaire who emerged as a high profile champion of crypto before his firm's dramatic collapse in 2022. the collapse in 2022. 32—year—old said in court he the 32—year—old...
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Mar 25, 2024
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i'm steve lai, reporting live from singapore.attack as the four suspected gunmen appear in court, charged with committing an act of terrorism. the head of the un agency for palestinian refugees says israel has told him it will no longer approve its food convoys to enter northern gaza. attacks by the houthis in the red sea are becoming more deadly. we have a special report from on board a royal navy warship. this has now entered the high threat area, and as you can see, they are preparing to run the gauntlet with the houthis.
i'm steve lai, reporting live from singapore.attack as the four suspected gunmen appear in court, charged with committing an act of terrorism. the head of the un agency for palestinian refugees says israel has told him it will no longer approve its food convoys to enter northern gaza. attacks by the houthis in the red sea are becoming more deadly. we have a special report from on board a royal navy warship. this has now entered the high threat area, and as you can see, they are preparing to run...
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Mar 27, 2024
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i'm steve lai.e begin with the collapse of a major bridge in the us city of baltimore after a container ship crashed into it. authorities have said they've suspended search operations and six missing people are presumed dead. it is obviously overnight in baltimore now but the incident has a lot of sing a or connections. some details are starting to emerge with regards to that. the ship that was involved in the collision was registered to singapore. and singapore's maritime port authority has said it is involved in the investigation, it has dispatched some members from its organisation to help with the investigation in baltimore. the mpajust with the investigation in baltimore. the mpa just put out a statement talking about the ship's safety record and says, the ship was flagged singapore from october 2016 and passed all the safety requirements at the time and based on records also passed the safety inspections injune and inspections in june and september of inspections injune and september of 2023,
i'm steve lai.e begin with the collapse of a major bridge in the us city of baltimore after a container ship crashed into it. authorities have said they've suspended search operations and six missing people are presumed dead. it is obviously overnight in baltimore now but the incident has a lot of sing a or connections. some details are starting to emerge with regards to that. the ship that was involved in the collision was registered to singapore. and singapore's maritime port authority has...
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Mar 18, 2024
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welcome to newsday, reporting live from singapore, i'm steve lai. the headlines...y in russia's presidential election will make the country stronger — despite protests and international backlash. whoever might want to suppress us, our will, our conscience, they have never been able to do it. and never will. germany's leader, 0laf scholz, warns israel's prime minister about the �*terribly high costs�* of the war in gaza. we cannot stand by and watch palestinians risk starvation. that's not us. that is not what we stand for together. and we have a special report from cap—haitien in haiti — where displaced people from the gang violence have been fleeing. hello and welcome to newsday. we start with russia, where president putin has hailed his predicted victory in russia's presidential election, saying it would allow the country to become stronger. he was the only serious candidate and now has a fifth term in office, after a landslide 87% of the vote.
welcome to newsday, reporting live from singapore, i'm steve lai. the headlines...y in russia's presidential election will make the country stronger — despite protests and international backlash. whoever might want to suppress us, our will, our conscience, they have never been able to do it. and never will. germany's leader, 0laf scholz, warns israel's prime minister about the �*terribly high costs�* of the war in gaza. we cannot stand by and watch palestinians risk starvation. that's not...
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Mar 12, 2024
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reporting live from singapore, i'm steve lai.t gangs. translation: these men already warned us they - were going to start fires. they've made good on all their threats. they said they would invade and destroy the prison, and they did. they said they would burn down the police station, and they did. the un secretary general has called for a ceasefire in gaza to mark the start of ramadan. the princess of wales has admitted editing a photo of herself and her three children, which was released to mark mother's day. it was withdrawn by several major news outlets over concerns it had been manipulated. announcer: live from our studios in singapore, - this is bbc news. it's newsday.
reporting live from singapore, i'm steve lai.t gangs. translation: these men already warned us they - were going to start fires. they've made good on all their threats. they said they would invade and destroy the prison, and they did. they said they would burn down the police station, and they did. the un secretary general has called for a ceasefire in gaza to mark the start of ramadan. the princess of wales has admitted editing a photo of herself and her three children, which was released to...
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Mar 26, 2024
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i'm steve lai. let's begin in the us, where planemaker boeing has announced a mass shake—up in leadership. chief executive dave calhoun, the chairman of its board, and another top executive have all said they will leave the firm, that is facing a safety crisis. he has been under pleasure since the panel on boeing plane blew off in mid—january. two other senior executives are also leaving the company. theo leggett has more. a terrifying moment for passengers as a door flew off a brand—new alaska airlines boeing 737 max eight january. the incident plunged boeing into a crisis, raising questions about its attitude to safety. now the boss, dave calhoon, says he is stepping down. he was appointed at a desperate time for the company. bad design and corporate failures had been blamed for two tragic accidents involving the 737 max, in ethiopian and in indonesia in which 346 people died. mr calhoon promised change but critics say that hasn't happened. yet opportunity _ that hasn't happened. yet opportunity t
i'm steve lai. let's begin in the us, where planemaker boeing has announced a mass shake—up in leadership. chief executive dave calhoun, the chairman of its board, and another top executive have all said they will leave the firm, that is facing a safety crisis. he has been under pleasure since the panel on boeing plane blew off in mid—january. two other senior executives are also leaving the company. theo leggett has more. a terrifying moment for passengers as a door flew off a brand—new...
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Mar 7, 2024
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welcome to newsday, reporting live from singapore, i'm steve lai. the headlines.illed in a houthi strike — the first deaths to be caused by the group's attacks on merchant vessels. and scandal in the k—pop world — aespa frontwoman apologises to fans over having a boyfriend. live from our studio in singapore, this is bbc news. the weapons handler who loaded the gun which killed a cinematographer has been found guilty of involuntary manslaughter. a jury in new mexico tookjust over two hours to find hannah gutierrez—reed guilty over the death of halyna hutchins, the film's cinematographer. the case was centered on how a live round made it on to set and into the prop gun used by actor alec baldwin. during a rehearsal the gun fired and killed hutchins, and injured the directorjoel souza. hannah gutierrez—reed was an armourer working on the film set of rust, and meaning she was in charge
welcome to newsday, reporting live from singapore, i'm steve lai. the headlines.illed in a houthi strike — the first deaths to be caused by the group's attacks on merchant vessels. and scandal in the k—pop world — aespa frontwoman apologises to fans over having a boyfriend. live from our studio in singapore, this is bbc news. the weapons handler who loaded the gun which killed a cinematographer has been found guilty of involuntary manslaughter. a jury in new mexico tookjust over two hours...
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Mar 27, 2024
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i'm steve lai. we begin with the major collapse of a bridge in baltimore.uthorities have said they are suspending search operations and six missing people are presumed dead. baltimore port, one of the busiest ports is closed in us car—makersjunior dues general car—makers junior dues general motors enforcer they car—makersjunior dues general motors enforcer they will re—route shipments. baltimore is the busiest american port for the import and export of vehicles. tinglong dai, a professor from thejohns hopkins carey business school. he joins us from baltimore. they short term has a huge impact on the auto industry. could you tell something knock on effect? , , , could you tell something knock on effect?— on effect? the ship is already here and they _ on effect? the ship is already here and they are _ on effect? the ship is already here and they are stock- on effect? the ship is already here and they are stock and l here and they are stock and they cannot get it out for that you cannot get in, you have to re—route to other ports. the impact depending on diffe
i'm steve lai. we begin with the major collapse of a bridge in baltimore.uthorities have said they are suspending search operations and six missing people are presumed dead. baltimore port, one of the busiest ports is closed in us car—makersjunior dues general car—makers junior dues general motors enforcer they car—makersjunior dues general motors enforcer they will re—route shipments. baltimore is the busiest american port for the import and export of vehicles. tinglong dai, a...
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Mar 26, 2024
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i'm steve lai. let's begin in the us, where planemaker boeing has announced a mass shake—up in leadership. he shake—up in leadership. has been under pressure sensor he has been under pressure sensor panel blew off mid—flight in the us in january. othersenior january. other senior executives are january. othersenior executives are also leaving the company. the bbc�*s international correspondent has more. a terrifying moment for passengers. the incident plunged bowing into a crisis, raising questions about its attitude to safety. now the boss dave calhoun says he's stepping down. he was appointed at a desperate time for the company. bad design and failures had been blamed for two tragic accidents involving the 737 max. in ethiopia and indonesia 346 people died. mr calhoun promised change but critics say that hasn't happened. critics say that hasn't happened-— critics say that hasn't hauened. . ., , , happened. he had opportunities to make changes _ happened. he had opportunities to make changes as _ h
i'm steve lai. let's begin in the us, where planemaker boeing has announced a mass shake—up in leadership. he shake—up in leadership. has been under pressure sensor he has been under pressure sensor panel blew off mid—flight in the us in january. othersenior january. other senior executives are january. othersenior executives are also leaving the company. the bbc�*s international correspondent has more. a terrifying moment for passengers. the incident plunged bowing into a crisis,...
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Mar 15, 2024
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i'm steve lai. we begin in the united states, where the shares of us steel have dropped for a second day, after presidentjoe biden came out against the proposed sale of the domestic industrial powerhouse to a japanese steel—maker. this comes ahead of his meeting with japan prime minister fumio kishida next month. our north america business correspondent erin delmore has more from new york. president biden is taking a stand against a deal in the making. us steel, an american company, is set to be bought by nippon steel, a japanese company. but president biden says us steel should stay in the us. the president praised the us. the president praised the iconic 123—year—old american steel company and said it is vital that the company remain owned and operated in the us. this is a big deal and notjust politically. nippon steel is set to pay $14.9 billion to acquire the us giant. but politically, this is territory president biden knows well. he has cast himself as the champion of the working class and has
i'm steve lai. we begin in the united states, where the shares of us steel have dropped for a second day, after presidentjoe biden came out against the proposed sale of the domestic industrial powerhouse to a japanese steel—maker. this comes ahead of his meeting with japan prime minister fumio kishida next month. our north america business correspondent erin delmore has more from new york. president biden is taking a stand against a deal in the making. us steel, an american company, is set to...
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Mar 11, 2024
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i'm steve lai. the headlines... a ship carrying 200 tonnes of aid to gaza prepares to leave cyprus — after securing all necessary permits to travel. it's the final day of china's national people's congress — we'll look at what the government in beijing could announce about the year ahead. several news agencies withdraw this picture of the princess of wales and her children from circulation, after concerns are raised that the image may have been manipulated. and the biggest night on the entertainment calendar is finally upon us. will oppenheimer dominate the 2024 oscars? welcome to bbc news — broadcasting to viewers in the uk and around the world. we begin in cyprus, where a spanish charity ship carrying vital supplies is preparing to set sailfor gaza — along a new maritime aid corridor. it's been loaded with around 200 tonnes of food and medical supplies. but, without a working port, it's not clear yet where the ship will actually dock — or how its cargo will be distributed inside gaza. 0ur middle e
i'm steve lai. the headlines... a ship carrying 200 tonnes of aid to gaza prepares to leave cyprus — after securing all necessary permits to travel. it's the final day of china's national people's congress — we'll look at what the government in beijing could announce about the year ahead. several news agencies withdraw this picture of the princess of wales and her children from circulation, after concerns are raised that the image may have been manipulated. and the biggest night on the...
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Mar 31, 2024
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reporting live from singapore, i'm steve lai. the headlines...n and his governing party. with most of the votes counted in municipal elections, turkey's main opposition — the chp — scores major gains across much of the country. as major protests take place injerusalem, israeli prime minister benjamin netanyahu temporarily hands over power to his deputy — in order to undergoe surgery. as haiti faces a power vacuum filled by armed gangs — we have a special report. and king charles has attended an easter service in windsor, followed by a walkabout to greet crowds. it's his first major public appearance since being diagnosed with cancer. live from our studio in singapore. this is bbc news. it's newsday. it's 6am in singapore, and 1am in turkey — where initial results in municipal elections suggest the strongest ever showing for the main opposition chp. with about 30% of the vote counted, it was ahead
reporting live from singapore, i'm steve lai. the headlines...n and his governing party. with most of the votes counted in municipal elections, turkey's main opposition — the chp — scores major gains across much of the country. as major protests take place injerusalem, israeli prime minister benjamin netanyahu temporarily hands over power to his deputy — in order to undergoe surgery. as haiti faces a power vacuum filled by armed gangs — we have a special report. and king charles has...