joining us from singapore, the senior economist. thank you so much. rieske a look at making headlines. a muslims returning from their pilgrimage have criticized saudi arabia's handling of the disaster. more than 1000 people died at an cap, more than the official number according to some. president attacked saudi arabia for their mismanagement. rejected thehas accusations, saying tehran has been playing politics. many were injured by flying debris or involved in traffic accidents as winds gusting above 200 kilometers per hour uprooted trees and triggered landslides. more than 12,000 people were evacuated. more than once of nevada thousand homes were left without power. 175,000 homes were left without power. jack warner was described as a key player in schemes involving the offer. a recipient of payments. deniesmer fifa wrongdoing and is fighting addition to the u.s.. twitter has a new user. edward snowden. formerollowing his bosses. we will check his first tweet when trending business returns. ♪ off an sony spinning iconic brand into a separate company.

ben, thank you, joining us from singapore.o spending billions of dollars in the biggest stimulus package since the 2008 financial crisis. we have a correspondent with me now. singletary, is in a? reporter: when prime minister -- when the prime ministers spoke, he got -- he did not mention the price tag. some of it is to support the stock market, which is not stimulus, but it will stabilize. some of it is about getting the economy running, so they will dump tens of billions in front of -- tens of billions into them projects in the form of construction bonds. collectively, when you add it they are putting hundreds of billions into the u.s.. the biggest since 2008. rishaad: but what are people telling you about what it means to do to reboot the economy? fromter: it is different 2008. in 2008, they came out in a public manner and unleashed millions of u.s. dollars in bank lending to get the economy going. this time, it is more low-key and targeted. they want to avoid the mistakes they made in 2008 and 2009, which left a big overha

joining us from singapore is a professor of southeast asian politics. thank you for joining us. the p.a.p. are expected to win and by a large margin. why are the opposition even bothering? >> he will win overall, the fact that the opposition stands the best chance of winning a substantial share of seats or a larger presence than it's ever had is reason to run. i think the key issue is on the one hand that you have really rising discontent with the process of p.a.p. policy making. the results of some of those policies which are seen as allowing a rising cost in living, allowing the breakdown and necessary public facilities like the train system. at the same time, also, not acknowledging the desire of many to have a voice in parliament. to have more clear representation of parties or policy possibilities that might help to add nuance. >> how much damage do you think the death of the founder in march actually how much damage was done to the p.a.p.? do you think it emboldened the youth to speak out and voice their discontent? >> i don't think it's so much that it's emboldened the yo

he's normally in new york, but he joins us from singapore. great of you to join us.et's start off with your reaction. in dovish was this comparison to the previous language coming out of the fed? >> the language was only a little bit more dovish. i think that the fed was kind of almost -- been on the point of rise, but having back off because of the impact of the global slowdown and the chinese change of policy to export their deflation. essentially, what the fed were saying is that they are worried that further strengthen the dollar could affect u.s. trading in and a adverse way. it is a fair concern to have. i think that is one of the main reasons why they deferred the raise. i think they have postponed in these months -- a few months. the other point is the fed is still fixated with the idea of a 2% inflation target. that is not going to happen anytime soon in consumer prices because of the glut in commodities, the oversupply of manufactured. so, i think what i would be looking for is the early signs of wage growth in u.s., which we are already seeing. but i think

. >> john tanser from the world wildlife fund joining us from singapore. thank you for your time. still ahead - art and activism. taking you to the exhibition that show cases the world's most renowned dissident artist. and who has been chosen to host the 2024 summer olympics. er olympics. >>> time for the sports news. here is farah. >> starting with football. manchester city beaten on tuesday in the opening round of group matcheses. they went into the game with no twins in serie a. things looked like they were getting worse when an own goal was scored. a 2-1 win was sealed. >> translation: i have to say well down to the boys, i think they played well against an excellent team. it was a game that came at a critical moment. we lost two games in the league and drew one. that was the reality, this was the first game. it's not easy to win higher, far from it >>> manchester united lost in the return to group stains. despite opening the scoring. they went down to psv eindhoven. goals sealing a 2-1 loss. >> we have to score one more than the opponent. today we could have scored more. but

sri joins us from singapore. sri. >> hi there, yes. all of these efforts by beijing are not really registering on the breeoader market and there'a distinct lack of confidence because peel don't really know whether beijing is cheer leading this market or trying to restrict the speculation. and there's a lot of uncertainty in term of the economic trajectory. we continue to see data consistent with growth. so mainland china equities extended their losses to roughly 6% off by almost 3.5%. 3,000 is looking very vulnerable. and the markets on the defensive here with the exception of the nikk nikkei. we did see the food sector, that bolstered the food stocks. very modest gains. up by 51 points. all eyes on the fed. fmc. what tone are they going to strike? will they go through with the fed rate hike or defer it until october, december, or even 2016. that's where we stand. back to you. >> thank you, sri. coming up on the program, we're speaking to the ceo of general motors about the threat of strikes, mega m&a and of course china's slow down. p

sri has the latest for us from singapore, sri? >> yeah, fed in action and the continuation of zero interest rate policy for the time being is being seen net-net as a positive for the equities market so we're seeing something of a risk on rally and a bounce in equities in this part of the world, especially the emerging market assets so the way it's being seen over here is something of a stay of execution of a higher rates environment and it puts the risk of capital outflows on the back burner for now. let me stress for now. at some point we're going to see higher rates. that's going to hit us. how hard is it going to hit us? are we going to see a repeat of the taper tantrum is the big question out here. for the here and now we're seeing something of a firmer equity market with the express exception of the nikkei 225. japanese equities on the offensive today because of the firmer yen against the u.s. dollars so the exporters, likes of honda, toyota, panasonic are down by well over 1% so that dragged the broader index lower but in th

pauline joins us from singapore. >> asian markets ended mostly lower today. as you can see we see more red than green across the board. the reason, caution ahead of the federal reserve decision for next week. let's start with china. the shanghai composite on the flat line. just ticked up slightly. we're expecting important data out over the weekend. cpi -- retail sales rather as well as fixed asset and industrial production. this is on the back of numbers received earlier this week where we saw that ppi continues that downward trend which underscores that concern. we did have our focus on toshiba that ended down 3%. japanese regulators were launching their own investigation into financial irregularities. this after they announced that they misstated their numbers for several years. down .5%. it was financial stocks and resources weighing down the share market there and the central consensus is its more of the fed than china that pulled down the share market. we have a couple of central bank decisions that made headlines today. the bank of korea held interest

joining us from singapore, hans, managing partner with ggv capital, which is one of the early wrest u.sckers of alibaba. hans, when you saw this piece, i assume you have seen it by now there was any merit to it? >> it is not as well researched as i had thought. when i was thinking about what where it missed, alibaba is pretty quick with their point by point rebuttal as you said, and i went through that piece as well, and i thought it was very well reasoned from albibaba's perspective. >> it had been so much high earnings and the question that's in a way being debated here is should it go lower? >> the new economy is disrupting -- unfortunately, all the up and coming stocks had been over valued sense last june, and there's a major krukz going on now. >> everybody is getting a huge ton of discounts fwrsh you look where it is trading, visa vi other chinese companies, it's very reasonable. you look at where it is trading versus ebay. still, also very reasonable. unfortunately, everybody feared with china at this oint. in our opinion, since we have invest through china, we think this is open

we have sri joining us from singapore tracking the reaction to the fed how long is this bounce going to be sustained for is the big question when you have structural problems over here and you have growth concerns over here as well. touched upon by janet yellen during the fed press conference and that statement, remember? so because we have seen status quo in terms of policy that gives emerging market assets something of a respite. the fed did flag a number of issue with the global economy. china was front and center. they see weaker global growth so that's going to effect us over here and if things are going to get worse that's going to sour sentiment over here furthermore as well. now one of the benefits of risk aversion is going to continue to be the safe haven japanese yen and when we saw the dollar being undermined we saw it going into the yen and that undermind the sentiment toward others. bringing down the broader nikkei by about 2% at the settlement. that's where we stand. back to you. >> thank you for that. sticking with china, new home prices up 0.3% in august. the fourth s

peter joining us from singapore to have a look at baidu which is switching focus, betting on search not future but services instead. we are going to take a break but coming up, grappling with the slowdown. you're why the germans as it is time for a reality check when it hear why the chair ram says it is time for a reality check when it comes to china -- chairman says it is time for a reality check when it comes to china. this is "trending business." ♪ ♪ rishaad: a look at the top stories so far, china might have to do more to rescue the slowing economy if the data is anything to go by. the gdp tracker is putting last month's growth that 6.2%. investment in the first eight months rose at the slowest rates in 15 years. billion just will not cut it. we'll search rejecting a takeover bid by a rival. oil search rejecting a takeover bid by a rival. offeting was call at will surge's request. abe promised to tackle cell phone fees. he said that the government telephoneaddress costs. mobile is down by 8%, the most since 2008. without further reduce, was have a look at what is happening -- furthe

singapore. huge challenges ahead for the live city. yvonne: the prime minister says they will be stretched and tested. joining us live from singapore, thank you. moves -- iran moves closer to sanctions being lifted, optimism is rising. its currency has steadily declined. this year alone, it has fallen more than 10%. we visited an outdoor currency market in tehran to figure out how well business might be about to change. neighborhood is like wall street in america. it is a center for trade, politics, economics. >> at the end of this street, you have the outcry in currency markets. you just need to go there and ask traders how much the dollar has appreciated against the real. the government has cracked down on the traders who trade on this street corner. they do not like being filmed. one trader did agree to speak to us, though. >> i have been trading currency for 25 years on this street. >> back when the currency suddenly depreciated, what was the atmosphere like? >> it was very busy. everyone was frightened and they started buying dollars needlessly. some guy even sold his house and bought dollars. >> since the new deal w

brian joining us from singapore. we have to take a break.lebrating a historic victory of a traditional powerhouse in world rugby. we will get the reaction on social media next. ♪ rishaad: you are back with "trending business" as we look at what's trending on social media. shery: i'm here with yvonne and we are looking at the rugby world cup. over the weekend, we had a stunning victory. look at those fans. they must have been really excited. 34-32. against a two-time world champ, south africa. this has been trending on social media. #gojapan. people tweeting about this. even harry potter author jk rolling saying, you can't write this. this is an incredible victory. some people calling it the biggest upset in the history of the sport. this is english rugby star jonny wilkinson saying, brilliant performance by japan. no one is safe. shery: -- yvonne: i'm taking a look at burberry. they are really doing this digital push. you can actually check out its new spring-summer collection on snapchat. i think it started sunday evening in london. you mig

thank you for joining us live from singapore. next, as volkswagen heads for a showdown, with a good one indian auto parts maker with close ties to the company. ♪ ♪ yvonne: you are watching "trending business," welcome back. volkswagen suppliers say they've also been affected by the german automaker's problems. one indian supplier climbs to record high, and now we're joined from mumbai. just how bad is the impact of this scandal in india? is slumping almost 20%, the conscience of being sent here from india. it is one of the usually commit manufacturers. it has a 20% revenue exposure. a group this document taking a massive hit. nearly 12% down in last two days, we spoke to management here yesterday, and the chairman ins the supply are factoring as far as their margins. the real to analysts, concern is not just what is but the problems in the products. , theso spreads to europe would not affect plant in the u.s., and they add money options at the end of trade yesterday. the highest level we of seen since the contract began trading i

joining us there from singapore. let's check on some of the other stories we're following.onesia putting priority on economic stability over growth. the finance minister speaking ahead of that rate decision. there was no easy solution to indonesia's economic problems. the current rate of 7.5% is good for stability. -- the rate is still a good thing. still good for stability. but at the same time it does -- the growth too much. the latest data that i can identify, the credit growth now -- on the first six months is below 10% but now starting to go up into 11%. so it is a good sign actually. rish: japan's pension funds have ended their equity buying spree. the first time they have offloaded shares since 2013. dumping a 11.8 billion dollars of reckities last week. the hong kong lender, bank of east asia is taking action to see the learned makes changes to its branch network and deal with proper loans on the mainland. they are trading below book value for the first time since 2008 and is under pressure from elliott management fund. we're going to look at apple. it has won an ap

let's get the full story from sri that joins us live from singapo singapore. >> another volatile butite subdued session for equities in our region. let me just highlight the action in china markets. shanghai composite came off the worst levels off the day. flat at the close. 3,155 but again you had the opposing forces. you have the reports that the brokerages continued to put some fresh capital and fresh buying and support officially sanctioned into the market and that was continuing. so very very mixed signals regards to beijing's response to the capital markets. nikkei 225, bargain hunting. the index heavyweights were in demand but we settled lower at the close. it will be interesting to see whether that closes volatility or takes a major pillar out of the market. >> here in europe, our european equity markets we're flat. we reversed the slight gains to trade negative and now we're just a little bit bright again. now we're a little bit in positive territory again. apple had the biggest impact on the nasdaq's drop in yesterday's session followed by microsoft, amazon, google, the iph

joining us from geneva advisors in singapore today. coming up next, porsche takes on tesla.ore on that and the rest of the news from the frame for motor show when "first up" returns. ♪ taking the fight to tesla with its new concept car revealed at the frankfurt motor show. sportsr seed electric car reaches 100 kilometers per hour in 3.5 seconds, faster than of theest generation 9/11, and beating charge time as well. it can go for more than 500 kilometers on a full battery and recharge to 80% capacity in 15 minutes. we are at the frankfurt motor show checking out the new lamborghini and bentley suv offering. the story in frankfurt has been a mix of optimism and luxury. at $260,000.starts this is a lamborghini, a starter of all the ceos we talked to, none expressing pessimism. the ceo of lamborghini says it was an opportunity. >> the slowdown in china, stable now, new car stepping in, and this is an advantage for us in a week market like the chinese market. we have other markets that are much stronger. europe's biggest carmakers looking outside europe to propel growth. for the

angie: he will join us live from new york at midnight hong kong and singapore time, 5:00 if you are watchingrishaad: we have the chairman of the chinese online gaming company, he paid $2.3 million for the privilege. angie: that is right. you do not have to pay that. we are seeing some payoffs in hong kong announcer: the following is a paid presentation for the wen healthy hair care system brought to you by guthy renker. announcer: what has got these people so excited? is the hottest trend in hair. it started in hollywood and spread all over the world. millions of people are throwing out their shampoo and have started using wen, getting the healthiest hair of their lives. annou

let's get an update on what markets across asia are doing from sri live in singapore for us. >> well, the japanese equity markets were the lost leader today as you pointed out. 7-month low at the close. the yen was part of the equation but also underlying china dproeth concerns. i thought it would remove a fairly considerable volatility from the market and we would see stability over the course of the week but not really. it was the case yesterday. we saw a degree of composure. a very different story today. there's real jitters in the asian markets and the emerging markets out here just ahead of the payrolls figure. let me talk to you about the korean benchmark down 1.5% but eking out very modest gains at the settlement. just over the 5,000 mark but this is a market that was down over the course of the week quite sharply so it really is the main risk event. that's the non-farm payrolls. emerging markets are watching this one very closely for any implications for the fed and whether we'll see a september lift off or not. that's where we stand. back to you. >> that negativity in asia ha

singapore. >>> stay with us here on al jazeera, we will be reporting from a japanese city where tur ren shall flooded thousands of homes. talking of homes why cheap land deals in zimbabwe really are too good to be true. ♪ great time for a shiny floor wax, no? not if you just put the finishing touches on your latest masterpiece. timing's important. comcast business knows that. that's why you can schedule an installation at a time that works for you. even late at night, or on the weekend, if that's what you need. because you have enough to worry about. i did not see that coming. don't deal with disruptions. get better internet installed on your schedule. comcast business. built for business. >> tonight we spotlight those inspiring stories. >> we given' a family a chance because some of the houses are being rebuilt. >> if the city is down, i'd like to help it get better. ♪ mooulz ♪ >> you are with us here on al jazeera, these are the global headlines more chaotic scenes on the austrian hungarian border, as a number of e.u. countries say they will reject refugee quotas. a tv station in yemen has

from farmers burning land to clear it. they use a method called/and burn. it is a legal. that has to stop. yvonne: stay indoors. great to see you. haslinda live from singaporest one match in the rugby world cup. and the defending champions, new zealand, over howard net -- overpowered them india. mibia. one of only two teams in the tournament. -- two african teams in the tournament. i have time, they led 34-6. the two time world champions were just too strong for a name ibian team. the all blacks are sitting pretty at the top with matches yet to georgia and tonga come. a big match over the weekend. none bigger than the blockbuster when host england meets their rivals. wales. in hongat 3:00 a.m. kong. are back in action against uruguay. scotland takes on the american eagles. ireland it looks to make it two in a row when they face romania. let's take a look at how markets are trending in the asian pacific. quiet day so far. hong kong, 13.5 points down. shanghai composite flat as well. next, guest who is coming to dinner? xi and obama discuss major issues over a meal. ♪ yvonne: the top stories this hour. janet yellen says a rate rise is possible for this year.

from singapore. thank you for joining us. it is a huge company.ometer of what is happening in this part of the world. what is happening? as any global company, we have been aggressive among the companies, the asian porsche that -- portion that iran is probably the most aggressive one. generally athere slowdown currently? yes and no. yuan hasuation of the affected us negatively and positively. positively, with the import being cheaper for us, that will definitely help us. -- e we are inhaad: you have factories that part of the world, vietnam and indonesia. devaluationen a big in those currencies. that must be helping things. the factories in china, we have three factories one in indonesia one in thailand and when it vietnam. what i do is with the currency fluctuation, i do deal with the risks by working with all four factories. rishaad: a natural hedge at the end of the day. >> exactly. this, whereking at are the bright spots? where you seeing growth currently? you said it was a mixed bag. where is it not doing well? area, we the growth see indones

his supporters say he's being used by president nicolas maduro as a distraction from the ongoing economic crisis >>> well polls opened in singapore in what is expected to be the most competitive election in decades. the same political party has been in power for 50 years, for the first time, a huge number of voters born after the country's independence will be taking part. that could change the outcome. rob mcbride has more from singapore. >> voting at this constituency - there has been a line of people waiting while they open. it is interesting, because it's marginally fought between the party. in the last election in 2011, the two sides came within 10% ever each other, and the constituency is known as a group constituency, representing four seats in the parliament. people are looking for another upheaval, as in the last election in 2011. during the poll, the group constituencies change from the government, in a big upheaval seen since independence. the main opposition party, the workers party has seven seats, and are hoping to get into double figures and are realistic in all that they can achieve. in all the pollings they tell

. >> thank you for speaking to us on al jazeera >>> sebastien vettel will start from poll for the singapore grand prix your. he was quickest, qualifying ahead of danny ricardo. lewis hamilton starts in fifth, failing to equal ayrton senna's eight consecutive polls. >>> great britain are a win away from reaching the first davis cup final in 40 years, holding a 2-1 advantage over australia, as they head into the final two matches. andy and jamie murray beet lleyton hewitt and sam groth in the doubles. great britain winning in five sets. >> argentina benched closer to a fifth final. the mayor won in the semifinal on saturday. taking a 2-1 lead. that's the sport. we have videos from correspondents around the world, at aljazeera.com/sport >>> that's all the sport for now. more later >>> thank you indeed. developments in nepal, where the new constitution is due to be signed into law today. we'll tell you about those when we come back with a full bulletin of news from al jazeera in a few moments. >>> violence, protests in nepal as the county gets a new constitution. hello, this is al jazeera, live

from a the reelected members. he will join us at 10:30 a.m. hong kong and singapore time. e of the stories making headlines. 240nese officials say radioactive waste from the fukushima plant washed away late last week and heavy flooding. the environment ministry said bags werethe retrieved and some war-torn. some were stuck and cannot be collected. -- and some were torn. the king of thailand is suffering a fever according to a media release. it is the second statement in a week that the the health of the 83-year-old, the world longest running monarch. he is taking intervene was oussing -- intraven nourishment. germany has reinstated control on its borders with auster for the first time in 20 years trying to cope with the asylum-seekers. germany and austria talks have been suspended. saidny's interior minister that several reborn controls are needed to ensure orderly process to enter the country. european ministers are meeting in brussels to discuss eu proposals for resettling refugees. a closer look at those plans. reporter: the european commission has made ambitious plan by

us singapore, shrouded in haze. what is the solution to a perennial problem? officials have begun investigating. joining us fromarta is the director general, peter holmgren. of the problemut is, we don't know who the culprits are. >> i think first of all, we need to recognize that what is causing the haze is agriculture practices. the cost effective methods of clearing the land had been used for many years in many regions, not just in sumatra. what we should be doing is referred to these buyers is agriculture fires if we want to start looking at the solutions. areaad: we know they agriculture fires. we have to go beyond that? we have to find out loans the land and who is behind it. land and who is beyond that. ask there are issues related to spatial planning and jurisdictions that are causing some of the issues. there are opportunistic investments going on to clear land and bring the money to agriculture. this is the root of the problem. it is exacerbated by the fact that all of this is happening at this time, which is causing more smoke and haze. if these were done early, they can be fundamentally good investm

singapore, an island basically 40 miles across. everywhere he found was somewhere on the island. the eiffel tower look how big it really is. peru, this wasn't far from where i used to live, a park around the corner, using dry ice to create the effects of clouds. the outback i can't believe, some guy holding a sign. the fish market you see how cold he is looking. look in the background. >>er is in shorts, no shirt. >> all the travel shots on the plane -- they zoom out and you can see the whole thing put together just as a bit of a fake-out. he has a message at the end as to why. >> as real as the video looks the experience of traffic can't be seen so get off your [ bleep ] and go see the world. >>> terrible driver roundup right here, right now, and they happened "right this minute." as the person is driving down the road, suddenly really out of nowhere comes another car. >> whoa! >> hey! >> that is the worst merge i've ever seen in my life. >> trying pass but not quite all the way into the other lane, still kind of in this lane, straddling both labors and sudd lanes and suddenly -- >> a solid white line you don't overtake it, over the lip of a hill, you can't see

it could prevent us from arriving at the political settlement that is needed to bring peace back to syria. >> the ruling people's action party in singapore is celebrating a convincing win in the general election. the p a.p. has been in power since independence. the election was not a walkover. >> victory and relieve among p a.p. supporters after facing the uncertainty of a republic-wide fight against multiple opposition parties. benefitting from an election called in the 50th anniversary of the republic span of course,m ruling people's action party of singapore sees it as a solid endorsement. >> i always had confidence. >> we go for 100. it will do a better job for the last 60 years. mark my words, mate. >> for the party's leader this was a personal victory. the first election with the influence of ley quan yu, his father and the founder of singapore that died this year. he reversed gains made in the last election. >> it's a good result for the p a.p., an excellent result for singapore. at opposition rallies, especially the main workers party, there was hope. still believing they are changing singapore into a multiparty system. >> it's a

singapore, an island basically 40 miles across. everywhere he found was somewhere on the island. the eiffel tower look how big it really is. peru, this wasn't far from where i used to live, a park around the corner, using dry ice to create the effects of clouds. the outback i can't believe, some guy holding a sign. the fish market you see how cold he is looking. look in the background. >>er is in shorts, no shirt. >> all the travel shots on the plane -- they zoom out and you can see the whole thing put together just as a bit of a fake-out. he has a message at the end as to why. >> as real as the video looks the experience of traffic can't be seen so get off your [ bleep ] and go see the world. >>> terrible driver roundup right here, right now, and they happened "right this minute." as the person is driving down the road, suddenly really out of nowhere comes another car. >> whoa! >> hey! >> that is the worst merge i've ever seen in my life. >> trying pass but not quite all the way into the other lane, still kind of in this lane, straddling both labors and sudden lanes and suddenly -- >> a solid white line you don't overtake it, over the lip of a hill, you can't s

us your thoughts at the #trendingbusiness. singapore reopens schools today, but malaysia will shut some education institutions as the haze worsens. smoke fromorest fires in indonesia has shrouded the region for weeks, prompting many outdoor activities to be canceled. haslinda on then has more. what is the latest? are things getting better? slinda: there has been some improvement, but it remains in the unhealthy and very unhealthy levels in malaysia and singapore, but more importantly is that we are seeing the start of a legal process. singapore has identified companies which may be involved in the forest fires. also, one company based in singapore, asia pulp and paper, one of the largest pulp and paper companies in the world. the government is seeking information in what is being done by its suppliers to put out the fires on the land in indonesia. this is the first time that any action has been taken by singapore. it's the start of a legal process that could cost those responsible as much as $2 billion if found guilty. singapore says air and companies must know there is a price to be paid for damaging our health, environment, economy. said

from crash two vehicles. to vehicles.sh why is it important for singapore being a smart nation? we are going to speak to a minister. good to have you with usmorning. haslinda: why is it so important? >> as we have to. to.ecause we have the infocom's revolution, that wages not over. robotics and 3-d printing, the internet of things, big data analytics, these are not just tools, they are platform technology. they will change the way we live, work, play, organize ourselves, our politics and economics and culture. all of that will be transformed. everybody who was not prepared for that is going to be in trouble. so firstly, we have to. the next reason is that we can. we are a city state, we are tiny. we can get the infrastructure right. mobilemake sure our every lift shaft, all the time. haslinda: you are saying it is not about technology. >> at the end of the day, it is about the impact on the quality of life and jobs and social cohesion. so really, technology is a tool. theif you do not understand technology, is your infrastructure is not ready, your people are not ready in terms of skill and education, you will be in big trouble. haslinda:

from forest fires. firefighters have been battling to put the blaze out. it is affecting air quality in singapore. large tracts of land have been cleared using illegal slash and burn method to make way for palm oil and paper plantations. >> everton is here now with the weather. what the indonesians need is rain, isn't it? we have got the possibility of one or two showers into northern as i am metra, not going to help the situation. that is tuesday's picture, maybe creeping a little further southeast as we go on through wednesday. they will be few and far between and it will stay largely dry. here it will stay absolutely bone dry. all of the energy is north of the equator, where things are looking quite active at the moment. we have got a tropical storm making its way towards vietnam. it's a weak one. winds of around 65 kilometers per hour with gusts around 85 kilometers per hour. it will be flooding here if only we have this over indonesia, 215 millimeters of rain in over 24 hours and those heavy showers are now starting to make their way further west wards, much of vietnam, central vietnam, cambodia seeing very heavy rain. it will drift fur

us today. the choking haze across parts of southeast asia has now forced malaysia to close schools. however, singapore says the air has cleared enough to allow its schools to reopen. smoke from in indonesia has blanketed the region for weeks prompting singapore to take legal action. let's get the very latest from our southeast asia correspondent. how is the air there today? >> you know what? it is business as usual today. the air in singapore is still considered unhealthy and that is expected to persist for sometime. it hit hazardous levels come friday. the current haze situation is the worst since 2013. malaysia as you indicated is also struggling with it. some schools surrounding kuala lum pure are shut. singapore has taken action against companies said to have contributed to the forest fires. ive companies named. also asia pulp and paper. that company based in singapore. singapore wants to know what is being done to stop the fires. as you would expect, bilateral relations are strained. unhappiness especially after the vice president made this comment that indonesia's neighbors should be grateful for the good air quality most of the year that jakarta need not apologize for

singapore and laos. we are expecting august data from china later. exports are expected to have fallen for a second straight month. joining uslian evans-prichard of capital economics. where does china stand? more downside risk for the global economy? we think things could possibly improve from here on out. but somehas been weak, of it is misleading. a lot of the headlines are in year on year terms that have to do with last year, not necessarily this year. one of the reasons trade growth fell sharply in july is because trade growth was strong in the second half of last year, not necessarily because there was a deterioration in momentum. once we adjust the data and look at it in level terms, we see a continued recovery. we think a lot of the real weakness was in the first quarter of the year. things are actually improving. but there have been a lot of disruptions recently, in particular the parade in beijing last week. preparations caused a lot of factory shutdowns across the region. that will drag on growth in august. but we think things will start to improve. angie: it is hard to see the optimism as well, when we are reports