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May 28, 2024
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i'm steve lai. to our top story — china has launched a brand new semiconductor investment fund, its largest one to date. the fund is worth over $47 billion, and comes as china tries to boost development of its domestic chip industry, amid us restrictions on beijing's access to advanced chips. china's finance ministry is the largest shareholder of the fund, along with investments from various government enterprises and state—owned banks. those tensions between washington and beijing over trade and technology have encouraged businesses to look beyond china
i'm steve lai. to our top story — china has launched a brand new semiconductor investment fund, its largest one to date. the fund is worth over $47 billion, and comes as china tries to boost development of its domestic chip industry, amid us restrictions on beijing's access to advanced chips. china's finance ministry is the largest shareholder of the fund, along with investments from various government enterprises and state—owned banks. those tensions between washington and beijing over...
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May 6, 2024
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coming up at the top of the hour is newsday with my colleague steve lai. but first, here's hardtalk. welcome to hardtalk. i'm stephen sackur. all of us are heavily influenced by the social, cultural and economic environment in which we are raised. as ideas, trends and technologies change, so too do generational traits. and right now there is intense focus on what is happening to generations of young people closer in age to my kids, than to me. are young adults inclined to be open—minded or closed? are children's minds being rewired by the ubiquitous smartphone? well, my guest is the renowned social psychologistjonathan haidt. are we losing sight of what freedom and curiosity really mean?
coming up at the top of the hour is newsday with my colleague steve lai. but first, here's hardtalk. welcome to hardtalk. i'm stephen sackur. all of us are heavily influenced by the social, cultural and economic environment in which we are raised. as ideas, trends and technologies change, so too do generational traits. and right now there is intense focus on what is happening to generations of young people closer in age to my kids, than to me. are young adults inclined to be open—minded or...
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May 27, 2024
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i'm steve lai. the headlines... international condemnation of israel after at least 45 people are killed at a refugee camp in rafah. the israeli prime minister says the strike was a "tragic incident". in papua new guinea, it's feared more than 2,000 people were buried by a devastating landslide in a remote village. as election campaigning gathers pace — rishi sunak says his plan for a "modern" national service will strengthen uk security, while sir keir starmer says his party will deliver stability and above all — change. there's no doubt that the labour party now is fundamentally different to the labour party of 2019, when we lost so badly. this modern form of national service will mean the younger people get the skills and opportunities that they need, which will serve them very well in life. and it looks like a flying saucer — we'll explain just what's been caught on camera in the skies above california. the israeli prime minister, benjamin netanyahu, has said an air strike which killed dozens of
i'm steve lai. the headlines... international condemnation of israel after at least 45 people are killed at a refugee camp in rafah. the israeli prime minister says the strike was a "tragic incident". in papua new guinea, it's feared more than 2,000 people were buried by a devastating landslide in a remote village. as election campaigning gathers pace — rishi sunak says his plan for a "modern" national service will strengthen uk security, while sir keir starmer says his...
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May 27, 2024
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i'm steve lai. these are our top stories. at least 30 people, including children, have been reportedly killed in israeli air strikes on rafah. the idf says they targeted a hamas—controlled compound. rescue teams search for survivors in the aftermath of a huge landslide in papua new guinea, where almost 700 people are feared dead. education under threat in india: we have a special report from one state where over 20,000 teachers have stopped being paid. and a trilateral summit between china, south korea and japan begins for the first time in four years. we'll discuss first the security challenges in the region, and the business side of the trip in 30 minutes on business today. we start in the middle east. palestinian officials have accused the israeli military of carrying out a deadly air strike on an area for displaced people near rafah in southern gaza. dozens of people have reportedly been killed, including children. a spokesperson with the palestinian red crescent society said the death toll was
i'm steve lai. these are our top stories. at least 30 people, including children, have been reportedly killed in israeli air strikes on rafah. the idf says they targeted a hamas—controlled compound. rescue teams search for survivors in the aftermath of a huge landslide in papua new guinea, where almost 700 people are feared dead. education under threat in india: we have a special report from one state where over 20,000 teachers have stopped being paid. and a trilateral summit between china,...
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May 14, 2024
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i'm steve lai. let's begin in the united states, because a week of developer conferences are being held in the tech world, with three giants set to release their latest features and products in generative artificial intelligence. up first, chatgpt�*s parent company openai, which unveiled its new flagship model gpt—lio. from new york, the bbc�*s erin delmore has all the details. 20 years ago, the biggest battle in tech was over who would win the war for search engine dominance. google took the prize, and it isn't nowjust a multitrillion—dollar company. it's also a verb. so now enter the latest fight over who will lead on generative ai. the start—up openai took the tech sector by storm with its chatgpt chatbot in late 2022. that could answer users�* queries and carry out human—like conversation. mark, you're not a vacuum cleaner! as of monday, we're now seeing that conversation happen out loud. the company dem a chatbot that can field questions and give answers via voice. ..and then exhale slowly. in
i'm steve lai. let's begin in the united states, because a week of developer conferences are being held in the tech world, with three giants set to release their latest features and products in generative artificial intelligence. up first, chatgpt�*s parent company openai, which unveiled its new flagship model gpt—lio. from new york, the bbc�*s erin delmore has all the details. 20 years ago, the biggest battle in tech was over who would win the war for search engine dominance. google took...
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May 6, 2024
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coming up at the top of the hour is newsday with my colleague steve lai.ut first, here's hardtalk. welcome to hardtalk. i'm stephen sackur. all of us are heavily influenced by the social, cultural and economic environment in which we are raised. as ideas, trends and technologies change, so too do generational traits. and right now there is intense focus on what is happening to generations of young people closer in age to my kids, than to me. are young adults inclined to be open—minded or closed? are children's minds being rewired by the ubiquitous smartphone? well, my guest is the renowned social psychologistjonathan haidt. are we losing sight of what freedom and curiosity really mean? jonathan haidt, welcome to hardtalk. thank you so much, steve. it is a pleasure to have you here. now, of course, your home base is new york university, across the pond in the united states. right now, that university — along with many others in the us — is in ferment, with students occupying certain grounds within the university. mm—hm. you've written a lot over many years
coming up at the top of the hour is newsday with my colleague steve lai.ut first, here's hardtalk. welcome to hardtalk. i'm stephen sackur. all of us are heavily influenced by the social, cultural and economic environment in which we are raised. as ideas, trends and technologies change, so too do generational traits. and right now there is intense focus on what is happening to generations of young people closer in age to my kids, than to me. are young adults inclined to be open—minded or...
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May 1, 2024
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i'm steve lai.our top story today — binance founder changpeng zhao was sentenced to four months in prison after pleading guilty to money laundering charges last november. north america business correspondent michelle fleury explains. sam bankman—fried isn't the only poster boy for crib go facing a reckoning. his rival, ceo of binance, changpeng zhao, has been given four months in jail. back in november, he was —— pleaded guilty to one count of violating the bank's secrecy act, resolving a multi— investigation by the us government into the well�*s largest cryptocurrency exchange, binance. as part of that agreement he also stepped down as ceo. the founder apologised to the court in seattle, saying his company had now put in place anti— money laundering controls. it was watched by his mother and sister who were in court as he learned his fate. the sentence was considerably shorter than the three years prosecutors were demanding and less than the 12-18 were demanding and less than the 12—18 months recom
i'm steve lai.our top story today — binance founder changpeng zhao was sentenced to four months in prison after pleading guilty to money laundering charges last november. north america business correspondent michelle fleury explains. sam bankman—fried isn't the only poster boy for crib go facing a reckoning. his rival, ceo of binance, changpeng zhao, has been given four months in jail. back in november, he was —— pleaded guilty to one count of violating the bank's secrecy act, resolving...
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May 7, 2024
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i'm steve lai. the us regulator has opened a new investigation into boeing. it comes after the plane—maker acknowledged that some employees may have failed to carry out proper quality inspections on 787 dreamliners. from new york, the bbc�*s michelle fleury has more. boeing's work is once again in the spotlight. america's air safety regulator, the federal aviation authority, has opened a new investigation into boeing after the company came forward and said some employees had committed misconduct by claiming certain tests had been completed when, in fact, they hadn't. now, the faa is investigating whether boeing completed inspections to confirm adequate bonding and grounding, where the wings join the main body of the plane, on certain 787 dreamliner aircraft. bonding and grounding is vital on a plane because it prevents static build up. think of it as electrical safeguards. boeing credited a south carolina worker who saw something they felt was wrong on the production line and came forward and reported it. cutting corners at work is something that many of us m
i'm steve lai. the us regulator has opened a new investigation into boeing. it comes after the plane—maker acknowledged that some employees may have failed to carry out proper quality inspections on 787 dreamliners. from new york, the bbc�*s michelle fleury has more. boeing's work is once again in the spotlight. america's air safety regulator, the federal aviation authority, has opened a new investigation into boeing after the company came forward and said some employees had committed...
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May 27, 2024
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i'm steve lai. the leaders of china, south korea and japan have gathered in seoul for a trilateral summit — theirfirst meeting in more than four years. ahead of that, south korea's president yoon suk—yeol met separately with china's premier li qiang on sunday, where they agreed to resume talks on a free trade agreement. japan's prime minister fumio kishida and li qiang also had a meeting. according to japanese media, kishida asked that china lift its ban on imports of japanese seafood during that one—on—one. i spoke to bates gill, senior fellow at the national bureau of asian research, who laid out his expectations for the summit. obviously it is very important gathering of these three important east asian countries. the first time they have met in a number of years. the summit itself is important just for symbolism and effort on the part of these three countries who had serious differences among them to sit down and meet. my expectations are relatively low. i think it is more symbolism and rhetoric
i'm steve lai. the leaders of china, south korea and japan have gathered in seoul for a trilateral summit — theirfirst meeting in more than four years. ahead of that, south korea's president yoon suk—yeol met separately with china's premier li qiang on sunday, where they agreed to resume talks on a free trade agreement. japan's prime minister fumio kishida and li qiang also had a meeting. according to japanese media, kishida asked that china lift its ban on imports of japanese seafood...
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May 27, 2024
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i'm steve lai. to our top story — china has launched a brand new semiconductor investment fund, its largest one to date. the fund is worth over $47 billion, and comes as china tries to boost development of its domestic chip industry, amid us restrictions on beijing's access to advanced chips. china's finance ministry is the largest shareholder of the fund, along with investments from various government enterprises and state—owned banks. those tensions between washington and beijing over taiwan, trade and technology have encouraged businesses to look beyond china for their factories. malaysia for one, is hoping get a larger slice of that manufacturing pie. intel and globalfoundries are some firms that have recently expanded their operations in malaysia. according to sources, it hopes to double share. for more, i spoke to ong kian ming. he is the former deputy minister of trade and industry of malaysia. i think there's a challenge and opportunity, how do you deploy the chinese funds to go into the chi
i'm steve lai. to our top story — china has launched a brand new semiconductor investment fund, its largest one to date. the fund is worth over $47 billion, and comes as china tries to boost development of its domestic chip industry, amid us restrictions on beijing's access to advanced chips. china's finance ministry is the largest shareholder of the fund, along with investments from various government enterprises and state—owned banks. those tensions between washington and beijing over...
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May 13, 2024
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i'm steve lai.'s begin in china, where the latest data showed that inflation is starting to pick up. consumer prices rose for a third month in a row in april, which signals a comeback in demand. while much of the world has been battling the cost of living crisis, the world's second biggest economy fell into deflation last year, that means prices fell. beijing has announced measures to boost consumer confidence. over in the us, it's a very different story — all eyes are on the latest inflation figures out this, because if consumer prices rise too quickly, america's central bank will likely push the timing of interest rate cuts further down the line. meanwhile, on tuesday, australia's government will unveil its annual budget, and we're expecting measures to ease cost—of—living pressures in the country. and on friday, we'll get more data from china which should give us clues on whether consumers are spending with the release of monthly retail sales numbers. tim waterer, chief market analyst, kcm trade,
i'm steve lai.'s begin in china, where the latest data showed that inflation is starting to pick up. consumer prices rose for a third month in a row in april, which signals a comeback in demand. while much of the world has been battling the cost of living crisis, the world's second biggest economy fell into deflation last year, that means prices fell. beijing has announced measures to boost consumer confidence. over in the us, it's a very different story — all eyes are on the latest inflation...
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May 2, 2024
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i'm steve lai. america's central bank left its benchmark interest rate unchanged at 5.25% to 5.5%, as stubbornly high inflation continues to hold off the timing of the first rate cut. the decision, which was expected, comes days after new government data showed that the pace of us economic growth is slowing. bbc�*s north america business correspondent michelle fleury has the details. stubborn inflation pushes back the timing of the first rate cut. the us federal reserve voted to keep its benchmark lending rate at a 23—year high on wednesday. officials have said they want more certainty that inflation is under control before they lower borrowing costs. they don't have that yet. here is chair, jerome powell, during his press conference. the economy has made considerable progress toward our dual mandate objectives. inflation has eased substantially over the past year, while the labour market has remained strong. and that is very good news. but inflation is still too high, further progress in bringing i
i'm steve lai. america's central bank left its benchmark interest rate unchanged at 5.25% to 5.5%, as stubbornly high inflation continues to hold off the timing of the first rate cut. the decision, which was expected, comes days after new government data showed that the pace of us economic growth is slowing. bbc�*s north america business correspondent michelle fleury has the details. stubborn inflation pushes back the timing of the first rate cut. the us federal reserve voted to keep its...
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May 1, 2024
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i'm steve lai.efore we get all the business news to tell you about the day, you are seeing colombia university. it is where police are now on campus trying to disperse pro—palestinian protesters. nypd officers have entered the university, where students protesting israel's war in gaza have occipied hamilton hall. moments ago police and that the hall. the police department acted after receiving a letter from the administration authorising them to go into the campus. we'll have more on this developing story right here on bbc news. images show police entering the building, as you see on screen, making their way through a window, by the looks of things, trying to make their way into the hall to get to the students that have camped out inside. the campus is in upper manhattan which has been a focal point of student protests that have spread to dozens of universities and schools across the us, expressing opposition to israel's war in gaza. police are, quote, clearing it out, as they marched to the barrica
i'm steve lai.efore we get all the business news to tell you about the day, you are seeing colombia university. it is where police are now on campus trying to disperse pro—palestinian protesters. nypd officers have entered the university, where students protesting israel's war in gaza have occipied hamilton hall. moments ago police and that the hall. the police department acted after receiving a letter from the administration authorising them to go into the campus. we'll have more on this...
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May 29, 2024
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i'm steve lai.o our top story today — as the world's biggest smartphone makers are battling it out for market share in china, apple has cause to celebrate. the bbc�*s north america business correspondent erin delmore tells us why. china is the world's biggest smartphone market, and apple is one of the world's biggest smartphone makers. but apple hasn't been doing so well in china. iphone sales fell by 37% during the first two months this year. see, competition is heating up in the region. home—grown rival huawei is increasing its market share, opening more stores, and selling more phones. it overtook apple as the second—most popular smartphone maker in china during the first quarter of the year. but now, apple has reason to celebrate. the company's chinese iphone sales rose 52%, compared to a year ago. that's according to data from a research company affiliated with the chinese government. that entity doesn't track apple specifically. instead, it measures the increase in foreign—branded shipments. b
i'm steve lai.o our top story today — as the world's biggest smartphone makers are battling it out for market share in china, apple has cause to celebrate. the bbc�*s north america business correspondent erin delmore tells us why. china is the world's biggest smartphone market, and apple is one of the world's biggest smartphone makers. but apple hasn't been doing so well in china. iphone sales fell by 37% during the first two months this year. see, competition is heating up in the region....
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May 20, 2024
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i'm steve lai. let's start with taiwan where the new president william lai has been sworn in. he takes over the leadership batten was much of the focus will be on the new president's approach to prostrate relations with china, a key phase for voters in the election was the economy. gdp expand byjust1.3% as export suffered due to a drop in global demand. another issue, youth unemployment. the jobless rate for the young is over 11%. i asked our economist for her perspective on what the new president should prioritise. taiwan's economy has been very resilient over the last few years with growth averaging around 3.4% between 2019— 2023. that's despite the pandemic and this was driven to a large extent by exports given taiwan's dominance of the global semiconductor industry. around 60% of global semiconductors and 90% of high chips. but economic success has not been felt. so william lai has to address the younger voters concerns overjob voters concerns over job opportunities, voters concerns overjob opportunities, affordability and in general the higher cost of living in taiwan's.
i'm steve lai. let's start with taiwan where the new president william lai has been sworn in. he takes over the leadership batten was much of the focus will be on the new president's approach to prostrate relations with china, a key phase for voters in the election was the economy. gdp expand byjust1.3% as export suffered due to a drop in global demand. another issue, youth unemployment. the jobless rate for the young is over 11%. i asked our economist for her perspective on what the new...
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May 14, 2024
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i'm steve lai, reporting live from singapore.. intense fighting takes place in gaza's north and south, forcing hundreds of thousands of people to flee. protesters return to tbilisi georgia demanding the government halt plans to adopt a law they worry could silence dissent in the country. and we'll reveal how a bbc investigation led to police arresting one of europe's most wanted people smugglers — known by the nickname �*the scorpion�*. hello and thank you forjoining us. we begin in new york this hour where donald trump's former lawyer michael cohen has finished his first day of testimony in the ex—president�*s historic hush money trial. he was once the former president's lawyer and fixer —
i'm steve lai, reporting live from singapore.. intense fighting takes place in gaza's north and south, forcing hundreds of thousands of people to flee. protesters return to tbilisi georgia demanding the government halt plans to adopt a law they worry could silence dissent in the country. and we'll reveal how a bbc investigation led to police arresting one of europe's most wanted people smugglers — known by the nickname �*the scorpion�*. hello and thank you forjoining us. we begin in new...
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May 5, 2024
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i'm steve lai. chinese president xijinping has kicked off his first trip to europe in five years.arrived in france, and will make stops in serbia and hungary later this week. his visit comes as some countries in europe are taking action over what they perceive to be anti—competitive practices by china. for more on what we can expect, let's speak david weddell has more. president xi arrived south of paris with his wife. french is the only major eu company which... here at the airport he was greeted by france's prime minister, he will also be meeting a man with whom he has very warm relations, the french president. president xi hosted president macron at the chinese city of gong show last year, where president macron was rapturously received, and in turn, president macron will be hosting his chinese counterpart in french pyrenees, a place where he spent much time as a boy visiting his grandmother. but first on monday, it's down to business — trade tensions between china and the west are running high, particularly over the effect that china's production of electric vehicles has all t
i'm steve lai. chinese president xijinping has kicked off his first trip to europe in five years.arrived in france, and will make stops in serbia and hungary later this week. his visit comes as some countries in europe are taking action over what they perceive to be anti—competitive practices by china. for more on what we can expect, let's speak david weddell has more. president xi arrived south of paris with his wife. french is the only major eu company which... here at the airport he was...
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May 13, 2024
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hello, and welcome to business today — i'm steve lai.et's begin in the united states — because a week of developer conferences are being held in the tech world, with three giants set to release their latest features and products in generative artificial intelligence. its new flagship model gpt—lio. from new york, the bbc�*s erin delmore has all the details. 20 years ago, the biggest battle in tech was over who would win the war for search engine dominance. google took the prize and it isn't nowjust a multitrillion dollar company — it's also a verb. so now, enter the latest fight over who will lead on generative ai. enter the latest fight over who will lead on generative al. the start up openai took the tech sector by storm with its chatgpt chat bought in late 2022 - that chatgpt chat bought in late 2022 — that could answer user queries and carry out like human conversation. as of monday, we are seeing that conversation happened out loud. the company demoed a chat bought they could questions and give out answers via voice. in the demonstr
hello, and welcome to business today — i'm steve lai.et's begin in the united states — because a week of developer conferences are being held in the tech world, with three giants set to release their latest features and products in generative artificial intelligence. its new flagship model gpt—lio. from new york, the bbc�*s erin delmore has all the details. 20 years ago, the biggest battle in tech was over who would win the war for search engine dominance. google took the prize and it...
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May 10, 2024
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i'm steve lai. chinese president xijinping is currently in hungary, where he will wrap up his european tour after stops in france and serbia. mr xi has been on a mission to boost trade and diplomatic relations. on thursday, he met hungarian prime minister viktor orban and said the two countries had upgraded their ties to an "all weather" partnership. kishore mahbubani was singapore's former ambassador to the united nations. he gave me a sense of what lies ahead for eu—china relations. trade differences are normal. the important thing is notjust the trade in balance but the trade volume. at the end of the day, as you know, europe is looking for new sources of growth for itself and europe is acutely aware that china is going to become a very, very important market for eu products too, and let me give you some very important statistics so listeners understand how things have changed. in the year 2000 the european economy combined, eu economy combined was six times bigger than china's economy. now they
i'm steve lai. chinese president xijinping is currently in hungary, where he will wrap up his european tour after stops in france and serbia. mr xi has been on a mission to boost trade and diplomatic relations. on thursday, he met hungarian prime minister viktor orban and said the two countries had upgraded their ties to an "all weather" partnership. kishore mahbubani was singapore's former ambassador to the united nations. he gave me a sense of what lies ahead for eu—china...
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May 1, 2024
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i'm steve lai. america's central bank left its benchmark interest rate unchanged at 5.25 percent to 5.5 percent, as stubbornly high inflation continues to hold off the timing of the first rate cut. the decision, which was expected, comes days after new government data showed that the pace of us economic growth is slowing. bbc�*s north america business correspondent michelle fleury has the details. stubborn inflation pushes back the timing of the first cut, the timing of the first cut, the weather reserve funds to keep its benchmark in a 23 year high on wednesday. the more certainty that inflation is under control before the lower borrowing costs. they do not have that yet. here is powell during his press conference stop build be made considerable progress towards our objectives.— progress towards our objectives. progress towards our ob'ectives. ., ., ~ objectives. the labour market has remained _ objectives. the labour market has remained strong. - objectives. the labour market has remained strong.
i'm steve lai. america's central bank left its benchmark interest rate unchanged at 5.25 percent to 5.5 percent, as stubbornly high inflation continues to hold off the timing of the first rate cut. the decision, which was expected, comes days after new government data showed that the pace of us economic growth is slowing. bbc�*s north america business correspondent michelle fleury has the details. stubborn inflation pushes back the timing of the first cut, the timing of the first cut, the...
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May 9, 2024
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reporting live from singapore, i'm steve lai.press ahead with military operations alone if necessary as the white house calls for restraint. stormy daniels clashes in court with donald trump's defence team during her second day of testimony at his criminal trial in new york. we hearfrom a record breaker — he is 5, and with his father he climbed all the way to the base camp of mount everest, becoming the youngest singaporean to do so. and coming up on business today in 30 minutes�* time, we'll look at the business highlights from xi jinping visit to three european countries welcome to the programme here from our singapore newsroom, i want to start the programme with this from benjamin netanyahu — "if we have to stand alone, we will stand alone." those are the words of the israeli pm, after us presidentjoe biden confirmed the white house had paused a delivery of munitions, that could be used in a major assault on the city of rafah, in the south of gaza. for weeks america has said such an attack would lead to many civilian deaths —
reporting live from singapore, i'm steve lai.press ahead with military operations alone if necessary as the white house calls for restraint. stormy daniels clashes in court with donald trump's defence team during her second day of testimony at his criminal trial in new york. we hearfrom a record breaker — he is 5, and with his father he climbed all the way to the base camp of mount everest, becoming the youngest singaporean to do so. and coming up on business today in 30 minutes�* time,...
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May 8, 2024
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reporting live from singapore, i'm steve lai.ing against israel yet, as he deplores how gazans have been killed by american bombs. a bbc investigation finds half of gaza's water and sanitation facilities have been damaged or destroyed since the war broke out. our oceans are in danger. new reports suggest another record—breaking year of heat, triggering massive coral reef bleaching. and boeing faces more safety claims, with a former quality inspector speaking to the bbc — that's in 30 minutes' time on business today. welcome to newsday. it is eight in the morning here in singapore, and eight in the evening in washington, and we begin with the strong words from joe biden on the war in gaza. in an interview with american cable network cnn, the us president warns will cease certain arms supplies if israel invades rafah. he also deplored that the bombs the united states has supplied to israel in its war against hamas have been used to kill palestinian civilians. have a listen. civilians have been killed in gaza as a consequence of tho
reporting live from singapore, i'm steve lai.ing against israel yet, as he deplores how gazans have been killed by american bombs. a bbc investigation finds half of gaza's water and sanitation facilities have been damaged or destroyed since the war broke out. our oceans are in danger. new reports suggest another record—breaking year of heat, triggering massive coral reef bleaching. and boeing faces more safety claims, with a former quality inspector speaking to the bbc — that's in 30...
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May 27, 2024
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welcome to newsday, reporting live from singapore, i'm i' m steve i'm steve lai.0 people, including children, have been reportedly killed in israeli air strikes on rafah. the idf says they targeted a hamas—controlled compound. rescue teams search for survivors in the aftermath of a huge landslide in papua new guinea, where almost 700 people are feared dead. education under threat in india: we have a special report from one state where over 20,000 teachers have stopped being paid. and a trilateral summit between china, south korea and japan begins for the first time in four years. we'll discuss first the security challenges in the region, and the business side of the trip in 30 minutes on business today.
welcome to newsday, reporting live from singapore, i'm i' m steve i'm steve lai.0 people, including children, have been reportedly killed in israeli air strikes on rafah. the idf says they targeted a hamas—controlled compound. rescue teams search for survivors in the aftermath of a huge landslide in papua new guinea, where almost 700 people are feared dead. education under threat in india: we have a special report from one state where over 20,000 teachers have stopped being paid. and a...
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May 6, 2024
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i'm steve lai, reporting live from singapore.t has accepted the terms of a proposed ceasefire, but israel says it does not meet its key demands. french president macron welcomes new assurances from xi jinping that china will not provide russia with weapons to use against ukraine. the personal information of serving british military personnel has been accessed in a significant data breach. and the met gala returns, with guests arriving on the red carpet forfashion�*s biggest night of the year. voice-over: live from our studio in — voice-over: live from our studio in singapore, - voice-over: live from our studio in singapore, this. voice-over: live from our studio in singapore, this is| studio in singapore, this is bbc news. it's newsday. we start the hour with events in the middle east. the israeli army has conducted targeted strikes against hamas and even rougher, it says. it comes at the end of a busy day in the diplomatic front line of this conflict. other times and ligands in rafah to evacuate the city, the israeli army droppe
i'm steve lai, reporting live from singapore.t has accepted the terms of a proposed ceasefire, but israel says it does not meet its key demands. french president macron welcomes new assurances from xi jinping that china will not provide russia with weapons to use against ukraine. the personal information of serving british military personnel has been accessed in a significant data breach. and the met gala returns, with guests arriving on the red carpet forfashion�*s biggest night of the year....
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May 13, 2024
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reporting live from singapore, i'm steve lai. the headlines.s been removed from his post. we'll examine the significance of the kremlin reshuffle. it comes as fighting intensifies in ukraine's northeast kharkiv region. we'll bring you a special report from the frontline. this devastation — one man's house — was created and that's the sound of a jet somewhere. explosions. israel says it's opened a new humanitarian crossing into gaza as the us warns a full—scale invasion of rafah would be disastrous. hello and welcome to the program.
reporting live from singapore, i'm steve lai. the headlines.s been removed from his post. we'll examine the significance of the kremlin reshuffle. it comes as fighting intensifies in ukraine's northeast kharkiv region. we'll bring you a special report from the frontline. this devastation — one man's house — was created and that's the sound of a jet somewhere. explosions. israel says it's opened a new humanitarian crossing into gaza as the us warns a full—scale invasion of rafah would be...
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May 31, 2024
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i'm steve lai. the outgoing boeing ceo and other members of the company's leadership team met with the top us aviation regulator for three hours on thursday to present their plan for resetting boeing's safety culture. our north america business correspondent erin delmore has the details. boeing has been no stranger to the spotlight this year. from a january incident involving a door plug blow out during a flight to investigators from regulators, to a report from the national transportation safety board squarely placing quality control failures on the company itself. on thursday, macron executives met fa ce—to —fa ce macron executives met face—to—face with the united states aviation watchdog to present a path forward. it reportedly included changes to the company's productions the compa ny�*s productions safety the company's productions safety processes, including clear assembly—line instructions, improvements to training, greater oversight of suppliers and improvements to the safety culture. fai adm
i'm steve lai. the outgoing boeing ceo and other members of the company's leadership team met with the top us aviation regulator for three hours on thursday to present their plan for resetting boeing's safety culture. our north america business correspondent erin delmore has the details. boeing has been no stranger to the spotlight this year. from a january incident involving a door plug blow out during a flight to investigators from regulators, to a report from the national transportation...
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May 28, 2024
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reporting live from singapore, i'm steve lai. the headlines... says the strike was a "tragic mishap". in papua new guinea — it's feared more than 2,000 people were buried by a devastating landslide in a remote village. in the uk — the election campaign is gathering pace. rishi sunak says his plan for a "modern" national service will strengthen national security — while sir keir starmer says his party will deliver stability and, above all, change. there's no doubt that the labour party now is fundamentally different to the labour party of 2019, when we lost so badly. this modern form of national service will mean the younger people get the skills and opportunities that they need, which will serve them very well in life. and cheese—lovers are on a roll, as they enjoy one of the english countryside's more eccentric traditions.
reporting live from singapore, i'm steve lai. the headlines... says the strike was a "tragic mishap". in papua new guinea — it's feared more than 2,000 people were buried by a devastating landslide in a remote village. in the uk — the election campaign is gathering pace. rishi sunak says his plan for a "modern" national service will strengthen national security — while sir keir starmer says his party will deliver stability and, above all, change. there's no doubt that...
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May 23, 2024
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reporting live from singapore, i'm steve lai. the headlines. basing this converse punishment.at a football club in kent. it's the first full day of the general election campaign. 0n the front line with myanmar�*s resistance fighters. the civilians risking everything to overthrow the military. we'll bring you the second of our special reports. 8km from here, just yesterday, a military air strike killed a family of six, including two children. china's military encircles taiwan in large—scale drills. beijing is calling it �*punishment�* for china has launched two days of military exercises around taiwan, describing the exercises as "strong punishment" for the self—ruled island's "separatist acts". china sees taiwan as a breakaway province that will eventually be under beijing's control — but the island sees itself as distinct. china's military released these images of the drills. they began just three days after the inauguration of president william lai, who won taiwan's election on a pro—independence platform. taiwan's defence ministry condemned the chinese drills as "irrational
reporting live from singapore, i'm steve lai. the headlines. basing this converse punishment.at a football club in kent. it's the first full day of the general election campaign. 0n the front line with myanmar�*s resistance fighters. the civilians risking everything to overthrow the military. we'll bring you the second of our special reports. 8km from here, just yesterday, a military air strike killed a family of six, including two children. china's military encircles taiwan in large—scale...
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May 20, 2024
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i'm steve lai. of the focus will be on the new president's approach to cross—strait relations with china, a key focus for voters in january's election was taiwan's economy. gdp expanded byjust 1.3% as exports suffered due to a drop in global demand. another major election issue, youth unemployment. the jobless rate for the young is at over 11%. i asked economist woei chen ho for her perspective on what taiwan's new president should prioritise economically. taiwan's economy has been resilient _ taiwan's economy has been resilient over— taiwan's economy has been resilient over the _ taiwan's economy has been resilient over the last - taiwan's economy has been resilient over the last for i resilient over the last for years— resilient over the last for years with _ resilient over the last for years with growth - resilient over the last for. years with growth averaged resilient over the last for - years with growth averaged over three _ years with growth averaged over three point— years with growth avera
i'm steve lai. of the focus will be on the new president's approach to cross—strait relations with china, a key focus for voters in january's election was taiwan's economy. gdp expanded byjust 1.3% as exports suffered due to a drop in global demand. another major election issue, youth unemployment. the jobless rate for the young is at over 11%. i asked economist woei chen ho for her perspective on what taiwan's new president should prioritise economically. taiwan's economy has been resilient...
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May 21, 2024
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i'm steve lai.rom myanmar, where the bbc spends a month with rebel forces making gains against the military regime. these men are irregulars. they're a strong alliance. a rag—tag of rebel groups and they've had a lot of success. but they're taking on a professional army. donald trump declines to testify in his criminal hush money trial, as his defence team rests its case. hello and welcome to the programme. we begin here in singapore, where 131 passengers and 12 air crew have finally touched down, after a traumatic flight from london. severe turbulence forced the pilots to make an emergency detour and land in thailand. 0ne passenger — 73—year—old geoff kitchen, from gloucestershire is dead. he's believed to have had a heart attack. more than thirty people are injured, seven critically. monica miller has been following the story for us from changi airport.
i'm steve lai.rom myanmar, where the bbc spends a month with rebel forces making gains against the military regime. these men are irregulars. they're a strong alliance. a rag—tag of rebel groups and they've had a lot of success. but they're taking on a professional army. donald trump declines to testify in his criminal hush money trial, as his defence team rests its case. hello and welcome to the programme. we begin here in singapore, where 131 passengers and 12 air crew have finally touched...
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May 12, 2024
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reporting live from singapore, i'm steve lai. the headlines. russia's long—serving defence minister sergei shoigu has been removed from his post. we'll examine the significance of the kremlin reshuffle. it comes as fighting intensifies in ukraine's northeast kharkiv region. we'll bring you a special report from the front line. this devastation — one man's house — was created by a russian glide bomb. jet roars nearby. and that's the sound of a jet somewhere. explosions. israel says it's opened a new humanitarian crossing into gaza as the us warns a full—scale invasion of rafah would be disastrous. and top boy, happy valley and the sixth commandment take the big prizes at the bafta television awards. we begin this hour with a shake—up in russia's military hierarchy. russia's defence minister, sergei shoigu, is being removed from his post and will become the new secretary of russia's security council. he's a long—standing ally of vladimir putin and has served as defence minister since 2012, playing a key role in russia's invasion of ukraine. his r
reporting live from singapore, i'm steve lai. the headlines. russia's long—serving defence minister sergei shoigu has been removed from his post. we'll examine the significance of the kremlin reshuffle. it comes as fighting intensifies in ukraine's northeast kharkiv region. we'll bring you a special report from the front line. this devastation — one man's house — was created by a russian glide bomb. jet roars nearby. and that's the sound of a jet somewhere. explosions. israel says it's...
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May 22, 2024
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i'm steve lai.uture, to decide whether we want to build on the progress we have made or risk going back to square one with no plan and no certainty. earlier today, spoke with his majesty the king to request the dissolution of parliament. the king has granted this request and we will have a general election on 4 and we will have a general election on ajuly. spain, ireland, and norway say they will recognise an independent palestinian state. israel reacts angrily, recalling its ambassadors. president emmanuel macron arrives in the french pacific territory of new caledonia to take personal charge of a crisis that's seen more than a week of unrest. hello and thank you forjoining us. we begin in the uk, where british prime minister rishi sunak has set a general election for 4july, ending months of speculation. he made the announcement in the pouring rain outside ten downing street, where the conservative party leader hailed his economic record. the prime minister, who has the power to choose an election
i'm steve lai.uture, to decide whether we want to build on the progress we have made or risk going back to square one with no plan and no certainty. earlier today, spoke with his majesty the king to request the dissolution of parliament. the king has granted this request and we will have a general election on 4 and we will have a general election on ajuly. spain, ireland, and norway say they will recognise an independent palestinian state. israel reacts angrily, recalling its ambassadors....
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May 21, 2024
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i'm steve lai. a lot of focus will be on nvidia's quarterly report card which is due on wednesday. our north america business correspondent michelle fleury filed this preview. yes, the nasdaq and s&p rose by wrinkled highs. —— record highs. some big retailers shed light on how american consumers are faring. shares in the department store chain macy's close up 5% as its turnaround plan does appear to be working. however, it did still see a drop in sales as shoppers continue to pull back on spending. that's been a big worry that they are feeling under pressure from rising prices. investors are turning their attention now to the giant chip—maker nvidia. it is expected to post another strong set of earnings after wednesday's us market close. the stock soared more than 90%
i'm steve lai. a lot of focus will be on nvidia's quarterly report card which is due on wednesday. our north america business correspondent michelle fleury filed this preview. yes, the nasdaq and s&p rose by wrinkled highs. —— record highs. some big retailers shed light on how american consumers are faring. shares in the department store chain macy's close up 5% as its turnaround plan does appear to be working. however, it did still see a drop in sales as shoppers continue to pull back...
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May 1, 2024
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i'm steve lai.four months in prison after pleading guilty to money laundering charges last november. north america business correspondent michelle fleury explains. sam bankman—fried isn't the only poster boy for crib go facing a reckoning. his rival, ceo of binance, changpeng zhao, has been given four months in jail. back in november, he was —— pleaded guilty to one count
i'm steve lai.four months in prison after pleading guilty to money laundering charges last november. north america business correspondent michelle fleury explains. sam bankman—fried isn't the only poster boy for crib go facing a reckoning. his rival, ceo of binance, changpeng zhao, has been given four months in jail. back in november, he was —— pleaded guilty to one count
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May 22, 2024
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i'm steve lai.quarterly results beat sales and profit forecasts. the chipmaker also lifted its dividend and announced a 10—for—1 stock split. the bbc�*s north america business correspondent michelle fleury has more on the stellar report card. the number of times that al has been mentioned on earnings called this quarter is up sharply on the previous one, which helps explain why investors are so obsessed with nvidia's earnings. it's seen as a bellwetherfor ai, the chip giant's latest results show that demand is off the charts. nvidia reported a net income of $14.9 billion. with that another way, the company is making around $6.8 million in profit every hour. as for its revenue for the last few months, he came in at $26 billion — up a whopping 662% on the previous year. founder and ceo said the next industrial revolution has begun. the business was once billed on chips taylor to gaming
i'm steve lai.quarterly results beat sales and profit forecasts. the chipmaker also lifted its dividend and announced a 10—for—1 stock split. the bbc�*s north america business correspondent michelle fleury has more on the stellar report card. the number of times that al has been mentioned on earnings called this quarter is up sharply on the previous one, which helps explain why investors are so obsessed with nvidia's earnings. it's seen as a bellwetherfor ai, the chip giant's latest...
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May 26, 2024
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i'm steve lai.seoul for a trilateral summit — theirfirst meeting in more than four years. ahead of that, south korea's president yoon suk yeol met separately with china's premier li qiang on sunday, where they agreed to resume talks on a free trade agreement. japan's prime minister fumio kishida and li qiang also had a meeting. according to japanese media, kishida asked that china lift its ban on imports of japanese seafood during that one—on—one.
i'm steve lai.seoul for a trilateral summit — theirfirst meeting in more than four years. ahead of that, south korea's president yoon suk yeol met separately with china's premier li qiang on sunday, where they agreed to resume talks on a free trade agreement. japan's prime minister fumio kishida and li qiang also had a meeting. according to japanese media, kishida asked that china lift its ban on imports of japanese seafood during that one—on—one.
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May 12, 2024
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i'm steve lai.ng to pick up. consumer prices rose for a third month in a row in april, which signals a comeback in demand. while much of the world has been battling the cost of living crisis, the world's second biggest economy fell into deflation last year, that means prices fell. beijing has announced measures to boost consumer confidence. over in the us, it's a very different story — all eyes are on the latest inflation figures out this week because if consumer prices rise too quickly,
i'm steve lai.ng to pick up. consumer prices rose for a third month in a row in april, which signals a comeback in demand. while much of the world has been battling the cost of living crisis, the world's second biggest economy fell into deflation last year, that means prices fell. beijing has announced measures to boost consumer confidence. over in the us, it's a very different story — all eyes are on the latest inflation figures out this week because if consumer prices rise too quickly,
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May 23, 2024
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i'm steve lai.department ofjustice sued the parent company of ticketmaster, calling it a monopoly and accusing it of violating antitrust laws. our north america business correspondent erin delmore has all the details. 14 1a years ago, us government approved the merger with ticketmaster. since then, live a nation has grown into a powerhouse, but a hound now the government is calling it a monopoly to squash competition. in a press conference thursday, merrick garland pointed to the absorbent fees and failures that have angered concertgoers and artists and call the company's conduct illegal, compa ny�*s conduct illegal, saying company's conduct illegal, saying it was time to break it up. saying it was time to break it u -. saying it was time to break it u . _ . ., , ., saying it was time to break it up. our complaint makes it clear what _ up. our complaint makes it clear what happens - up. our complaint makes it clear what happens when . up. our complaint makes it clear what happens when a | clear what
i'm steve lai.department ofjustice sued the parent company of ticketmaster, calling it a monopoly and accusing it of violating antitrust laws. our north america business correspondent erin delmore has all the details. 14 1a years ago, us government approved the merger with ticketmaster. since then, live a nation has grown into a powerhouse, but a hound now the government is calling it a monopoly to squash competition. in a press conference thursday, merrick garland pointed to the absorbent fees...
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May 21, 2024
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i'm steve lai.ndows operating system. our north america business correspondent michelle fleury has all the details. the future of the pc may be here. microsoft announced new conversational artificial intelligence features for windows pcs and a line of surface tablet computers. one of the features is dubbed to help you find anything you viewed on the pc in the past. there's also a live translation of 44 languages, and something for creative times — for example, in microsoft paint, it draws an image based on your sketch. these are all powered with new ai chips to deliver longer battery life, and all this matters because today, most ai software runs in the cloud, which uses a lot of energy. being able to work on the device thanks to more processing power, that not only improves the data security, it's also more climate friendly.
i'm steve lai.ndows operating system. our north america business correspondent michelle fleury has all the details. the future of the pc may be here. microsoft announced new conversational artificial intelligence features for windows pcs and a line of surface tablet computers. one of the features is dubbed to help you find anything you viewed on the pc in the past. there's also a live translation of 44 languages, and something for creative times — for example, in microsoft paint, it draws an...