26/03/2014 Asia Business Report

Now on BBC News all the latest business news live from Singapore.

As a search resumes for Flight MH370, Malaysia Airlines confirms

there will be compensation packages. Will the buzz over the hugely

popular online game continued when it debuts on Wall Street? Thanks for

watching Asia Business Report. We start of the Malaysia Airlines and

ahead of the company says they are talks with insurance about

compensation packages for families of the victims. Malaysian

authorities say the plane crashed into the southern Indian Ocean. In

our interview, our correspondent asked the company 's chief executive

whether the airline can survive. I think we will. We will get through

this. We have a great team behind us, it is a great company with great

people. I think we will survive this. I hope we will emerge from

this stronger. Do you personally feel responsible enough to resign

over this? That is a personal decision. I will make that decision

later. We have things to do now. What do you have to do next? To

ensure that the families of the passengers have been taken care of.

Once we have found evidence of the aircraft. Then we have to move to

the next phase. We have to start looking at compensation for the

families. Lenders that process kick in? `` when does that process kick

in? We will make the necessary announcement when we come to that

stage. The flight disappearance has raised concerns about how airlines

are keeping track of their planes. The British tracking firm says

systems can be installed cheaply. Satellite technology has been

spreading in the industry. The air traffic control system is to operate

with lots of different types of aircraft. Moving to new

technologies, moving to global satellite tracking, that is

happening but it relies not just on aircraft being equipped at a global

network, not just of satellite coverage but also ground stations.

Do you agree that it is cheap and easy? There are some issues about

affordability for the entire industry. That is part of the

slowness. With what happened to Malaysia Airlines, it has put

pressure on all the carriers to adopt this type of technology. In

many cases they have equipped the aircraft to stand at the Goodman.

What is lacking is we do not have global coverage in terms of

satellite. France will `` rolls out the red carpet for the Chinese

president. The two countries have strong ties.

We expect deals to be signed in the next few days. The big deals,

Airbus, nuclear. For the first time we will also see much more mid sized

companies striking deals with their counterparts in China. China is

increasing its investment in Europe but in 2013, they still made more

investments in the United States, rather than the EU. In 2014 and a

pickup in Europe or not we can expect many more deals, especially

in areas that are key for China. Environmental technologies,

transportation and obviously, medical technologies. By increasing

investment in the EU, do they want majority holdings or do they want a

minority investment? This is a very interesting phenomenon, used to be

the old pattern of takeovers and majority deals. But most of these

deals were not successful, some of them even very big failures. What we

see since a couple of years and since 2013, is more and more deals

being 20 or 25%. The Chinese become strategic partners but do not want

to go into the risk of managing all getting political push back. The

maker of the popular Candy Crush has raised half a billion US dollars

from its initial offing. The shares are priced very high and will make

its debut later today. Wall Street has regained its

swagger. The stock market is strong and the market for new stock is on

fire. When Candy Crush developer, King Entertainment start selling

shares, it will make history, becoming one of Britain's most

valuable Internet companies. We are in record`breaking territory. Is a

fund manager says investors are once again Suite on public offerings.

Yellow muck we are at 70% more in the number of IPOs. Last year was a

record so we are seeing levels we have not seen since the Internet

bubble in 2000. Back then, insatiable demand took the NASDAQ to

its all`time high. Before crashing to earth. The recent rash of share

sales is looking a lot like that bubble. In 2000 and the late 90s, we

had 80% of IPOs that were loss`making. Today, we have close to

75% of the most recent IPOs. We can see is not just a hot market, it is

a hot market if you compare it to the greatest bubble of all time. But

the trouble with bubbles is they are hard to spot until they burst. So at

this point, no one can tell if the enthusiasm for new share offerings

is a signal of market strength all a danger sign. What is certain is that

lining up behind the acre of Candy Crush, many other companies are

hoping to make their stock market debut soon. In other technology

news, Facebook is buying a company which makes virtual reality

products. Mark Clattenburg said the company could change the way people

work, play and can indicate. The work, play and can indicate. The

deal is the latest in a series of purchases for the site. Last month,

they spent 19 billion dollars on a messaging for a walk. Intel has

brought the start up behind another business. The value of the deal has

not been released but it is a sign that the market for wearable gadgets

is heating up. They are coming popular among people wanting to

monitor their heart rate and sleeping patterns. HTC has unleashed

its latest figures in the battle of the smartphone market. Dominated by

Apple and Samsun. They are unveiled their latest phone. But will a fancy

new camera and larger screen be big enough to boost their week

earnings? The HTC was a hugely successful phone. It won all sorts

of awards but did not pull the company out of the downward spiral

caused by competition from Samsun and Apple. Here is the new version.

It is again an extremely good`looking phone with some great

technology on board. Will it make a huge difference? One of the big

things you are posting is a camera. I am going to demonstrate the

camera. Which does one clever thing. It allows you to choose what is in

focus. You can shoot like a professional. You can focus on who

you want to focus. You can be focused as well. It has professional

debt. I want you in focus. You want to focus the beautiful women. If I

took this out on the street, would people say this is an HTC? You just

look at the back. I think it is very easy to identify. What will be the

measure of its success in a year's time? We are going to increase our

market share. 2014 years the year for haste is it. In one of the world

's largest Telecom indications companies will reveal its yearly

results. From ZTE's understanding we have a

few aims. One is to be closer to our customer. Then, we find a way to

solve their challenges. Then we can win our customer. The second way is

to attract more talented people globally. The third way is to get

more partners and get a better ecosystem to make innovations. It

might have a quick look at how Asian markets are faring. They are all

currently in positive territory. Thank you for investing your time

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The main news stories this hour from London. The search for the missing