Browse content similar to 07/02/2014. Check below for episodes and series from the same categories and more!
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expect more than an inch of rainfall overnight. Now on BBC News all the | :00:00. | :00:00. | |
latest business news live from Singapore. | :00:00. | :00:16. | |
As the US gets set to release its latest job numbers today, we find | :00:17. | :00:24. | |
out what it means for Asia. How one Japanese carmaker is taking | :00:25. | :00:27. | |
the most of India's green car market. -- growing. Looking Asia | :00:28. | :00:38. | |
Report. We start with the world's largest economy, where there was | :00:39. | :00:45. | |
better economic news. Applications for US unemployment benefits fell | :00:46. | :00:49. | |
for the first time as workers retain their jobs. Jobless claims dropped | :00:50. | :00:54. | |
by 20,000. There will be more figures later today which will give | :00:55. | :00:59. | |
us America's latest numbers and a closer look at the nation's economic | :01:00. | :01:04. | |
recovery. It will be a busy day for politicians in Washington, who will | :01:05. | :01:10. | |
also be talking about raising the debt ceiling. Earlier I spoke to a | :01:11. | :01:17. | |
chief economist to ask about America's economic recovery and its | :01:18. | :01:23. | |
importance to us. It is very important. The data in the US has | :01:24. | :01:29. | |
not been strong. The durable goods orders and housing data. There is? | :01:30. | :01:35. | |
About whether the US economy is starting to stall, at a time about | :01:36. | :01:41. | |
when emerging markets have become more viable. It is important that | :01:42. | :01:46. | |
the payroll number is a decent number. Otherwise there will be more | :01:47. | :01:49. | |
questions about whether the US economy is stalling. He mentioned | :01:50. | :01:55. | |
the key emerging markets. We saw a stock sell-off earlier this week. | :01:56. | :01:59. | |
You are fairly optimistic about the chances. There is too much media | :02:00. | :02:06. | |
hype at the moment about this emerging market sell-off. One thing | :02:07. | :02:14. | |
is that currencies in Asia have been adjusted since April last year. They | :02:15. | :02:19. | |
have moved a lot. They are turning around trade positions in Thailand, | :02:20. | :02:25. | |
India, Indonesia, it is happening. Asia's fundamentals and others bad | :02:26. | :02:28. | |
as they were back during the Asian crisis. Most countries still have | :02:29. | :02:33. | |
current-account surpluses, huge reserves, more flexible currencies. | :02:34. | :02:38. | |
I think this is really a blessing in disguise. Investors focusing on the | :02:39. | :02:43. | |
risk in emerging markets is pressuring policymakers in Asia to | :02:44. | :02:47. | |
get there houses in order. We are seeing that in Asia, interest rate | :02:48. | :02:55. | |
hikes. We are not too bad up on Asia. Thank you. | :02:56. | :03:03. | |
In other news, Rupert Murdoch's News Corp have posted | :03:04. | :03:05. | |
better-than-expected profits, despite advertising revenues falling | :03:06. | :03:08. | |
at the company's newspaper division. Net income came at around $15 | :03:09. | :03:14. | |
million. It was higher than analysts estimate. Falling sales of the | :03:15. | :03:19. | |
Australian newspapers saw revenue dropped by about 4%. Shares of | :03:20. | :03:26. | |
LinkedIn, a social networking site for professionals, fell by as much | :03:27. | :03:33. | |
as 4% after the firm's first forecast fell short. The firm has | :03:34. | :03:38. | |
forecast revenue of about $2 million from 2014. That is down by about 2 | :03:39. | :03:50. | |
billion. Japanese carmakers have been investing recently. Brand | :03:51. | :03:55. | |
flexes 80, and their Toyota are contenders in the market. Honda has | :03:56. | :04:03. | |
climbed to the third place, up from eighth place. At the Delhi auto | :04:04. | :04:11. | |
show, we spoke to the President and CEO of Honda in India. It is not | :04:12. | :04:21. | |
affect much. The market is growing. However, he does not mean the market | :04:22. | :04:24. | |
has disappeared. Customers are waiting for attractive offers. All | :04:25. | :04:31. | |
the can do is support and supply to customers the best product. The | :04:32. | :04:37. | |
Indian market is highly skewed towards diesel engines. You had to | :04:38. | :04:41. | |
make those which recently. How has it worked? The come up with a diesel | :04:42. | :04:49. | |
engine for the first time. It has had a tremendous response from | :04:50. | :04:55. | |
customers. You are competing with a well-established giants like | :04:56. | :05:01. | |
Suzuki. They have dealerships across the country. You are mainly focused | :05:02. | :05:08. | |
in urban areas. How can you compete? We will have 117 dealers but in the | :05:09. | :05:19. | |
March -- by the end of March. What is your view on the Indian auto | :05:20. | :05:23. | |
market? Will the focus remained on smaller cars? More than 50% comes | :05:24. | :05:30. | |
from smaller cars, hatchbacks. We are sure that it will change to | :05:31. | :05:36. | |
Saddam 's, SUV 's and the modern market in the future. We expect the | :05:37. | :05:46. | |
potential of fast growth. You are using India as a production hub, you | :05:47. | :05:49. | |
export cars to South Africa and other markets. How was it going to | :05:50. | :05:54. | |
make the start of exports two years ago. The reputation as good. We do | :05:55. | :06:03. | |
not plan to expand the export numbers sharply. Our forecast is for | :06:04. | :06:11. | |
Indian market. You can see more of it interviewed on India business | :06:12. | :06:17. | |
report this Sunday. Shares in Japan's Sony are claiming in trade | :06:18. | :06:23. | |
after the company sold off its PC division to focus on smartphones and | :06:24. | :06:28. | |
others. It will cut 5000 jobs and split its TV making Ahmed were | :06:29. | :06:33. | |
separate company. The restructuring comes as the electronics giant | :06:34. | :06:36. | |
warned it would lose more than $1 billion this financial year, despite | :06:37. | :06:44. | |
a forecast of a profit. I spoke with a representative of an investment | :06:45. | :06:47. | |
bank to ask of this latest news means for the firm. In the | :06:48. | :06:53. | |
long-term, it is important for them to continue their exit strategy. The | :06:54. | :07:02. | |
only real comparison is a company building a fantastic base of | :07:03. | :07:18. | |
existence it. Sony will only find bonanza if it exits. If the consumer | :07:19. | :07:28. | |
electronics arm is bleeding. A $1 billion loss forecast. That is a | :07:29. | :07:31. | |
staggering amount, getting rid of its PC and TV businesses. It is not | :07:32. | :07:40. | |
leave Sony with much. If you look at apple, it does not have too many | :07:41. | :07:45. | |
products. It is all about focus. Apple is focused on a few products. | :07:46. | :07:50. | |
It is spectacular. In the case of Sony, they are not focused, they are | :07:51. | :07:58. | |
doing too many branches. Insurance is one arm, content is another. | :07:59. | :08:05. | |
Right now, they are not number one or number two. As the economic | :08:06. | :08:13. | |
recovery continues to be sluggish in many parts of the world, we are | :08:14. | :08:19. | |
asking whether the increase of the number of women in the workplace is | :08:20. | :08:23. | |
the answer. One woman in a top position is Christine Lagarde, the | :08:24. | :08:28. | |
managing director of the IMF. She tells the BBC about her brush with | :08:29. | :08:31. | |
gender discrimination and the secret to her success. I have succeeded and | :08:32. | :08:37. | |
I am he were a because I was not aggressive. I relied on teams. They | :08:38. | :08:43. | |
acknowledged the team and the support that they had given me, | :08:44. | :08:49. | |
because we worked together. I am not ashamed of saying that. Other types | :08:50. | :08:54. | |
of management and leadership are fine, but if women can exercise | :08:55. | :09:00. | |
leadership by being inclusive, by being team minded, by paying back to | :09:01. | :09:07. | |
the team. If we can contaminate a few male leaders on that page, if we | :09:08. | :09:14. | |
can contaminate a few of those males who do not succeed in reaching peace | :09:15. | :09:17. | |
settlements, that is fine. I am prepared to buy for that. The worst | :09:18. | :09:23. | |
as Commissioner faced, my first interview with the law firm in | :09:24. | :09:28. | |
Paris. I have qualified on all fronts. The managing partner said to | :09:29. | :09:37. | |
me, we're giving you job. But don't expect to make partnership. I said, | :09:38. | :09:43. | |
ways that? He looked at me with contempt. He said, because you are a | :09:44. | :09:53. | |
woman. That was about 35 years ago. Things have not changed enormously | :09:54. | :09:58. | |
in many areas. The law firm I lived my life with was not that law firm. | :09:59. | :10:04. | |
You can catch a lot more of that interview on whether women should be | :10:05. | :10:08. | |
running the world economy in a special episode of Talking Business | :10:09. | :10:10. | |
on the World Economic Forum over the weekend. A quick look at the | :10:11. | :10:13. | |
markets. on the World Economic Forum over the | :10:14. | :10:14. | |
weekend. A quick look at A huge reversal here. Wall Street gaining | :10:15. | :10:25. | |
as a result of... Asian stocks are rising. Vindicate rebounding. Most | :10:26. | :10:30. | |
stocks rebounding from a five-month low. | :10:31. | :10:31. | |
rising. Vindicate rebounding. Most stocks rebounding from a That is it | :10:32. | :10:34. | |
for this edition of Asia Business Report. | :10:35. | :10:41. | |
Headlines: a senior American diplomat has apologised for elite | :10:42. | :10:47. | |
recording which shows her in salt in the EU. Washington blames Russia for | :10:48. | :10:53. | |
the leak. The UN has struck a deal | :10:54. | :10:54. |