Browse content similar to 01/03/2017. Check below for episodes and series from the same categories and more!
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Now on BBC News all the latest business news live from Singapore. | :00:00. | :00:13. | |
Charged with bribery and in person, what is next for Samsung's Acura | :00:14. | :00:28. | |
three Bass we find out about Berri Speirs can deliver a crispy cream! | :00:29. | :00:39. | |
Hello and welcome. Arrested, handcuffed and in jail, the heir to | :00:40. | :00:49. | |
the South Korean big business has been charged with bribery and | :00:50. | :00:54. | |
embezzlement. Lee Jae-yong is accused of paying nearly $40 million | :00:55. | :00:58. | |
in bribes were confident of President Park Geun-hye in return | :00:59. | :01:03. | |
for political favours. For other Samsung executives face charges as | :01:04. | :01:10. | |
well. What we now have got is 17 people formally and dieted, formally | :01:11. | :01:17. | |
accused of serious crime by the prosecutor, including the top man in | :01:18. | :01:24. | |
Samsung. That is a serious business. If when he goes to trial he is found | :01:25. | :01:31. | |
guilty, he could be sentenced to something like 20 years in jail. I | :01:32. | :01:36. | |
have to say, these are allegations, unproven allegations, and all the | :01:37. | :01:46. | |
people involved including the lead. But it is a serious business. A | :01:47. | :01:52. | |
daughter, the daughter of the friend of the President received favourable | :01:53. | :01:57. | |
treatment in university, for example. Not from Samsung but the | :01:58. | :02:04. | |
university. But the note of this is an allegation that JY Lee met the | :02:05. | :02:12. | |
president of this country one on one, just the two of them, and they | :02:13. | :02:16. | |
agreed that if Samsung pay nearly $40 million to a friend... Affirm of | :02:17. | :02:25. | |
a friend of the President, the weight of the fund would go behind a | :02:26. | :02:32. | |
merger of some sank which would help the ruling family. The prosecutor | :02:33. | :02:38. | |
has put some pretty eye watering figures on this. The prosecutor | :02:39. | :02:46. | |
alleges that this deal benefited shareholders in Samsung to the tune | :02:47. | :02:51. | |
of 700 million dollars so we are talking big bananas. Investors in | :02:52. | :03:01. | |
the US and around the world have had a chicory start to the week. Looking | :03:02. | :03:05. | |
ahead to the key speech by Donald Trump in just about half an hour or | :03:06. | :03:15. | |
so. So what can we expect? This is a real chance for President Trump to | :03:16. | :03:20. | |
speak directly to the American people and with regards to what we | :03:21. | :03:23. | |
are going to hear about the economy, we are expected to hear a lot of the | :03:24. | :03:28. | |
same priorities we heard in the Shafiq from the President. -- | :03:29. | :03:34. | |
initially. That he wants to bring jobs back and make America great | :03:35. | :03:39. | |
again. If people are looking for specifics, we are not expecting to | :03:40. | :03:45. | |
hear too many but he will highlight the priorities for the | :03:46. | :03:52. | |
administration- the repeal of the Obamacare, he will also be talking | :03:53. | :03:57. | |
about infrastructure spending deal and the importance of trying to get | :03:58. | :04:04. | |
America's roads and bridges fixed. When you look at the working | :04:05. | :04:07. | |
relationship between President Trump and Congress and the budgetary | :04:08. | :04:13. | |
priorities he is setting forth, it may be a tough ride going forward. | :04:14. | :04:22. | |
The latest economic figures from Australia so the economy has | :04:23. | :04:26. | |
returned to growth after contracting last quarter growing at 2.2% and | :04:27. | :04:33. | |
1.1% for the quarter. It extends the 25 year run without a recession. | :04:34. | :04:40. | |
Speaking of economic growth in India, figures have defied | :04:41. | :04:45. | |
expectations as well. The GDP grew at 7% for the last quarter despite | :04:46. | :04:52. | |
the negative effect to remove the country 's biggest bank notes from | :04:53. | :04:56. | |
circulation. It is down slightly from the previous quarter but India | :04:57. | :05:00. | |
is still the world 's fastest growing economy. Known as a popular | :05:01. | :05:06. | |
in many parts of Asia but they have not made a big impact in Hong Kong. | :05:07. | :05:12. | |
Crispy cream tried to take a bite out of the market but they failed | :05:13. | :05:18. | |
and now a new wave of day makers are confident they have a winning | :05:19. | :05:25. | |
recipe. At the buttery factories some of the top sellers are custard | :05:26. | :05:30. | |
tart and even bacon and maple syrup. Which comes with a squirt it you | :05:31. | :05:37. | |
will self syringe. Diana the key is photogenic. People like unusual | :05:38. | :05:45. | |
Fages. They like to take a picture before they eat it. -- unusual | :05:46. | :05:54. | |
flavours. How about an covered Jackie Cheung. Trendy flavours and | :05:55. | :06:01. | |
trendy names have helped the company expand across the region. The | :06:02. | :06:09. | |
franchise has nearly 300 stores across Asia. Its latest target Hong | :06:10. | :06:13. | |
Kong when it is selling thousands of doughnuts every day. Hong Kong is | :06:14. | :06:23. | |
accessed with eating, consumers bought more than $500 million worth | :06:24. | :06:29. | |
of goods. But bigger than a Brandt have failed before. US chain, Kristy | :06:30. | :06:40. | |
Kreme only lasted two years here. Laws make it difficult for foreign | :06:41. | :06:47. | |
food companies to succeed here. Also they need to adapt to the local | :06:48. | :06:53. | |
palate. They do not generally like very sweet desserts. Either fruit or | :06:54. | :07:04. | |
nut based. It is confident they can do well in Hong Kong. We did | :07:05. | :07:12. | |
sampling cert we made sure what people wanted, may be less sweet, | :07:13. | :07:19. | |
more strong coffee flavour so we did a few adjustments. Tasty and | :07:20. | :07:23. | |
Instagram weren't there, do not store is will need to stay creative | :07:24. | :07:29. | |
to keep customers hungry for more. From doughnuts to the mentored | :07:30. | :07:37. | |
reality game Pokemon Go - do not say we do not bring it the fun stories! | :07:38. | :07:44. | |
People around the world essentially chaste character is like these are | :07:45. | :07:52. | |
overlaid in surrounding but can the company maintain its success. We | :07:53. | :08:01. | |
spoke to the man behind Pokemon Go. Last summer and extra green craze | :08:02. | :08:05. | |
swept around the world which saw lots of people out with their mobile | :08:06. | :08:09. | |
phones hunting for Pokemon. It has faded a little since then that there | :08:10. | :08:14. | |
are still Pokemon to be found out and about here at the Barcelona | :08:15. | :08:20. | |
mobile world congress and I found the inventor of the game, and who | :08:21. | :08:24. | |
has changed views of augmented reality. Did you have any concept of | :08:25. | :08:31. | |
how big the game was going to be when it launched? I wish I could | :08:32. | :08:37. | |
have rejected that. Obviously not, it was a huge surprise. We spent a | :08:38. | :08:44. | |
long time looking at the service going haywire. It was hard for us | :08:45. | :08:51. | |
just to keep the system operating. In San Francisco there was a 9000 | :08:52. | :08:56. | |
person spontaneous Packer man event so it was a very surreal stock -- | :08:57. | :09:06. | |
Pokemon. Has faded? It exploded on social media, it had a life of its | :09:07. | :09:11. | |
own and now it has become a successful product but not at that | :09:12. | :09:16. | |
level of frenzy. It is one of the most used mobile apps out there | :09:17. | :09:24. | |
still. Are you betting that dented reality is going to be a more | :09:25. | :09:34. | |
profitable? V our is much more of a cinema like experience, cutting | :09:35. | :09:40. | |
yourself off from the world. -- virtual reality. It is for a fine it | :09:41. | :09:49. | |
period of time. But with augmented reality you have it all day long. | :09:50. | :09:53. | |
You can do more things, more convenient. To you still play the | :09:54. | :10:05. | |
game yourself? I did caption one earlier. I was out with my son, he | :10:06. | :10:13. | |
is ten years old, and we were out capturing together in the park. It | :10:14. | :10:17. | |
is a great thing to do with your family. A very quick look at the | :10:18. | :10:26. | |
markets before we go... The BK is up considerably ahead of the crucial | :10:27. | :10:32. | |
speech from Donald Trump. Thanks for watching. -- | :10:33. | :10:33. |