:00:00. > :00:15.Now on BBC News all the latest business news live from Singapore.
:00:16. > :00:21.As a search resumes for Flight MH370, Malaysia Airlines confirms
:00:22. > :00:27.there will be compensation packages. Will the buzz over the hugely
:00:28. > :00:37.popular online game continued when it debuts on Wall Street? Thanks for
:00:38. > :00:43.watching Asia Business Report. We start of the Malaysia Airlines and
:00:44. > :00:44.ahead of the company says they are talks with insurance about
:00:45. > :00:51.compensation packages for families of the victims. Malaysian
:00:52. > :00:55.authorities say the plane crashed into the southern Indian Ocean. In
:00:56. > :00:59.our interview, our correspondent asked the company 's chief executive
:01:00. > :01:10.whether the airline can survive. I think we will. We will get through
:01:11. > :01:15.this. We have a great team behind us, it is a great company with great
:01:16. > :01:21.people. I think we will survive this. I hope we will emerge from
:01:22. > :01:25.this stronger. Do you personally feel responsible enough to resign
:01:26. > :01:33.over this? That is a personal decision. I will make that decision
:01:34. > :01:41.later. We have things to do now. What do you have to do next? To
:01:42. > :01:47.ensure that the families of the passengers have been taken care of.
:01:48. > :01:53.Once we have found evidence of the aircraft. Then we have to move to
:01:54. > :01:59.the next phase. We have to start looking at compensation for the
:02:00. > :02:10.families. Lenders that process kick in? `` when does that process kick
:02:11. > :02:19.in? We will make the necessary announcement when we come to that
:02:20. > :02:24.stage. The flight disappearance has raised concerns about how airlines
:02:25. > :02:34.are keeping track of their planes. The British tracking firm says
:02:35. > :02:36.systems can be installed cheaply. Satellite technology has been
:02:37. > :02:41.spreading in the industry. The air traffic control system is to operate
:02:42. > :02:49.with lots of different types of aircraft. Moving to new
:02:50. > :02:52.technologies, moving to global satellite tracking, that is
:02:53. > :02:56.happening but it relies not just on aircraft being equipped at a global
:02:57. > :03:02.network, not just of satellite coverage but also ground stations.
:03:03. > :03:08.Do you agree that it is cheap and easy? There are some issues about
:03:09. > :03:15.affordability for the entire industry. That is part of the
:03:16. > :03:19.slowness. With what happened to Malaysia Airlines, it has put
:03:20. > :03:25.pressure on all the carriers to adopt this type of technology. In
:03:26. > :03:29.many cases they have equipped the aircraft to stand at the Goodman.
:03:30. > :03:38.What is lacking is we do not have global coverage in terms of
:03:39. > :03:47.satellite. France will `` rolls out the red carpet for the Chinese
:03:48. > :03:59.president. The two countries have strong ties.
:04:00. > :04:06.We expect deals to be signed in the next few days. The big deals,
:04:07. > :04:11.Airbus, nuclear. For the first time we will also see much more mid sized
:04:12. > :04:16.companies striking deals with their counterparts in China. China is
:04:17. > :04:19.increasing its investment in Europe but in 2013, they still made more
:04:20. > :04:26.investments in the United States, rather than the EU. In 2014 and a
:04:27. > :04:31.pickup in Europe or not we can expect many more deals, especially
:04:32. > :04:34.in areas that are key for China. Environmental technologies,
:04:35. > :04:42.transportation and obviously, medical technologies. By increasing
:04:43. > :04:50.investment in the EU, do they want majority holdings or do they want a
:04:51. > :04:53.minority investment? This is a very interesting phenomenon, used to be
:04:54. > :05:01.the old pattern of takeovers and majority deals. But most of these
:05:02. > :05:06.deals were not successful, some of them even very big failures. What we
:05:07. > :05:17.see since a couple of years and since 2013, is more and more deals
:05:18. > :05:21.being 20 or 25%. The Chinese become strategic partners but do not want
:05:22. > :05:28.to go into the risk of managing all getting political push back. The
:05:29. > :05:34.maker of the popular Candy Crush has raised half a billion US dollars
:05:35. > :05:44.from its initial offing. The shares are priced very high and will make
:05:45. > :05:47.its debut later today. Wall Street has regained its
:05:48. > :05:54.swagger. The stock market is strong and the market for new stock is on
:05:55. > :05:59.fire. When Candy Crush developer, King Entertainment start selling
:06:00. > :06:03.shares, it will make history, becoming one of Britain's most
:06:04. > :06:09.valuable Internet companies. We are in record`breaking territory. Is a
:06:10. > :06:14.fund manager says investors are once again Suite on public offerings.
:06:15. > :06:21.Yellow muck we are at 70% more in the number of IPOs. Last year was a
:06:22. > :06:28.record so we are seeing levels we have not seen since the Internet
:06:29. > :06:31.bubble in 2000. Back then, insatiable demand took the NASDAQ to
:06:32. > :06:38.its all`time high. Before crashing to earth. The recent rash of share
:06:39. > :06:45.sales is looking a lot like that bubble. In 2000 and the late 90s, we
:06:46. > :06:54.had 80% of IPOs that were loss`making. Today, we have close to
:06:55. > :06:59.75% of the most recent IPOs. We can see is not just a hot market, it is
:07:00. > :07:05.a hot market if you compare it to the greatest bubble of all time. But
:07:06. > :07:11.the trouble with bubbles is they are hard to spot until they burst. So at
:07:12. > :07:14.this point, no one can tell if the enthusiasm for new share offerings
:07:15. > :07:20.is a signal of market strength all a danger sign. What is certain is that
:07:21. > :07:23.lining up behind the acre of Candy Crush, many other companies are
:07:24. > :07:30.hoping to make their stock market debut soon. In other technology
:07:31. > :07:37.news, Facebook is buying a company which makes virtual reality
:07:38. > :07:39.products. Mark Clattenburg said the company could change the way people
:07:40. > :07:44.work, play and can indicate. The work, play and can indicate. The
:07:45. > :07:50.deal is the latest in a series of purchases for the site. Last month,
:07:51. > :07:58.they spent 19 billion dollars on a messaging for a walk. Intel has
:07:59. > :08:02.brought the start up behind another business. The value of the deal has
:08:03. > :08:06.not been released but it is a sign that the market for wearable gadgets
:08:07. > :08:10.is heating up. They are coming popular among people wanting to
:08:11. > :08:16.monitor their heart rate and sleeping patterns. HTC has unleashed
:08:17. > :08:22.its latest figures in the battle of the smartphone market. Dominated by
:08:23. > :08:27.Apple and Samsun. They are unveiled their latest phone. But will a fancy
:08:28. > :08:38.new camera and larger screen be big enough to boost their week
:08:39. > :08:43.earnings? The HTC was a hugely successful phone. It won all sorts
:08:44. > :08:47.of awards but did not pull the company out of the downward spiral
:08:48. > :08:53.caused by competition from Samsun and Apple. Here is the new version.
:08:54. > :08:57.It is again an extremely good`looking phone with some great
:08:58. > :09:05.technology on board. Will it make a huge difference? One of the big
:09:06. > :09:13.things you are posting is a camera. I am going to demonstrate the
:09:14. > :09:20.camera. Which does one clever thing. It allows you to choose what is in
:09:21. > :09:25.focus. You can shoot like a professional. You can focus on who
:09:26. > :09:36.you want to focus. You can be focused as well. It has professional
:09:37. > :09:41.debt. I want you in focus. You want to focus the beautiful women. If I
:09:42. > :09:51.took this out on the street, would people say this is an HTC? You just
:09:52. > :09:57.look at the back. I think it is very easy to identify. What will be the
:09:58. > :10:05.measure of its success in a year's time? We are going to increase our
:10:06. > :10:11.market share. 2014 years the year for haste is it. In one of the world
:10:12. > :10:13.'s largest Telecom indications companies will reveal its yearly
:10:14. > :10:37.results. From ZTE's understanding we have a
:10:38. > :10:43.few aims. One is to be closer to our customer. Then, we find a way to
:10:44. > :10:48.solve their challenges. Then we can win our customer. The second way is
:10:49. > :10:56.to attract more talented people globally. The third way is to get
:10:57. > :11:01.more partners and get a better ecosystem to make innovations. It
:11:02. > :11:06.might have a quick look at how Asian markets are faring. They are all
:11:07. > :11:09.currently in positive territory. Thank you for investing your time
:11:10. > :11:21.with us. Sport Today is our projects.
:11:22. > :11:22.The main news stories this hour from London. The search for the missing