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Now on BBC News all the latest business news live from Singapore. | :00:00. | :00:15. | |
As a search resumes for Flight MH370, Malaysia Airlines confirms | :00:16. | :00:21. | |
there will be compensation packages. Will the buzz over the hugely | :00:22. | :00:27. | |
popular online game continued when it debuts on Wall Street? Thanks for | :00:28. | :00:37. | |
watching Asia Business Report. We start of the Malaysia Airlines and | :00:38. | :00:43. | |
ahead of the company says they are talks with insurance about | :00:44. | :00:44. | |
compensation packages for families of the victims. Malaysian | :00:45. | :00:51. | |
authorities say the plane crashed into the southern Indian Ocean. In | :00:52. | :00:55. | |
our interview, our correspondent asked the company 's chief executive | :00:56. | :00:59. | |
whether the airline can survive. I think we will. We will get through | :01:00. | :01:10. | |
this. We have a great team behind us, it is a great company with great | :01:11. | :01:15. | |
people. I think we will survive this. I hope we will emerge from | :01:16. | :01:21. | |
this stronger. Do you personally feel responsible enough to resign | :01:22. | :01:25. | |
over this? That is a personal decision. I will make that decision | :01:26. | :01:33. | |
later. We have things to do now. What do you have to do next? To | :01:34. | :01:41. | |
ensure that the families of the passengers have been taken care of. | :01:42. | :01:47. | |
Once we have found evidence of the aircraft. Then we have to move to | :01:48. | :01:53. | |
the next phase. We have to start looking at compensation for the | :01:54. | :01:59. | |
families. Lenders that process kick in? `` when does that process kick | :02:00. | :02:10. | |
in? We will make the necessary announcement when we come to that | :02:11. | :02:19. | |
stage. The flight disappearance has raised concerns about how airlines | :02:20. | :02:24. | |
are keeping track of their planes. The British tracking firm says | :02:25. | :02:34. | |
systems can be installed cheaply. Satellite technology has been | :02:35. | :02:36. | |
spreading in the industry. The air traffic control system is to operate | :02:37. | :02:41. | |
with lots of different types of aircraft. Moving to new | :02:42. | :02:49. | |
technologies, moving to global satellite tracking, that is | :02:50. | :02:52. | |
happening but it relies not just on aircraft being equipped at a global | :02:53. | :02:56. | |
network, not just of satellite coverage but also ground stations. | :02:57. | :03:02. | |
Do you agree that it is cheap and easy? There are some issues about | :03:03. | :03:08. | |
affordability for the entire industry. That is part of the | :03:09. | :03:15. | |
slowness. With what happened to Malaysia Airlines, it has put | :03:16. | :03:19. | |
pressure on all the carriers to adopt this type of technology. In | :03:20. | :03:25. | |
many cases they have equipped the aircraft to stand at the Goodman. | :03:26. | :03:29. | |
What is lacking is we do not have global coverage in terms of | :03:30. | :03:38. | |
satellite. France will `` rolls out the red carpet for the Chinese | :03:39. | :03:47. | |
president. The two countries have strong ties. | :03:48. | :03:59. | |
We expect deals to be signed in the next few days. The big deals, | :04:00. | :04:06. | |
Airbus, nuclear. For the first time we will also see much more mid sized | :04:07. | :04:11. | |
companies striking deals with their counterparts in China. China is | :04:12. | :04:16. | |
increasing its investment in Europe but in 2013, they still made more | :04:17. | :04:19. | |
investments in the United States, rather than the EU. In 2014 and a | :04:20. | :04:26. | |
pickup in Europe or not we can expect many more deals, especially | :04:27. | :04:31. | |
in areas that are key for China. Environmental technologies, | :04:32. | :04:34. | |
transportation and obviously, medical technologies. By increasing | :04:35. | :04:42. | |
investment in the EU, do they want majority holdings or do they want a | :04:43. | :04:50. | |
minority investment? This is a very interesting phenomenon, used to be | :04:51. | :04:53. | |
the old pattern of takeovers and majority deals. But most of these | :04:54. | :05:01. | |
deals were not successful, some of them even very big failures. What we | :05:02. | :05:06. | |
see since a couple of years and since 2013, is more and more deals | :05:07. | :05:17. | |
being 20 or 25%. The Chinese become strategic partners but do not want | :05:18. | :05:21. | |
to go into the risk of managing all getting political push back. The | :05:22. | :05:28. | |
maker of the popular Candy Crush has raised half a billion US dollars | :05:29. | :05:34. | |
from its initial offing. The shares are priced very high and will make | :05:35. | :05:44. | |
its debut later today. Wall Street has regained its | :05:45. | :05:47. | |
swagger. The stock market is strong and the market for new stock is on | :05:48. | :05:54. | |
fire. When Candy Crush developer, King Entertainment start selling | :05:55. | :05:59. | |
shares, it will make history, becoming one of Britain's most | :06:00. | :06:03. | |
valuable Internet companies. We are in record`breaking territory. Is a | :06:04. | :06:09. | |
fund manager says investors are once again Suite on public offerings. | :06:10. | :06:14. | |
Yellow muck we are at 70% more in the number of IPOs. Last year was a | :06:15. | :06:21. | |
record so we are seeing levels we have not seen since the Internet | :06:22. | :06:28. | |
bubble in 2000. Back then, insatiable demand took the NASDAQ to | :06:29. | :06:31. | |
its all`time high. Before crashing to earth. The recent rash of share | :06:32. | :06:38. | |
sales is looking a lot like that bubble. In 2000 and the late 90s, we | :06:39. | :06:45. | |
had 80% of IPOs that were loss`making. Today, we have close to | :06:46. | :06:54. | |
75% of the most recent IPOs. We can see is not just a hot market, it is | :06:55. | :06:59. | |
a hot market if you compare it to the greatest bubble of all time. But | :07:00. | :07:05. | |
the trouble with bubbles is they are hard to spot until they burst. So at | :07:06. | :07:11. | |
this point, no one can tell if the enthusiasm for new share offerings | :07:12. | :07:14. | |
is a signal of market strength all a danger sign. What is certain is that | :07:15. | :07:20. | |
lining up behind the acre of Candy Crush, many other companies are | :07:21. | :07:23. | |
hoping to make their stock market debut soon. In other technology | :07:24. | :07:30. | |
news, Facebook is buying a company which makes virtual reality | :07:31. | :07:37. | |
products. Mark Clattenburg said the company could change the way people | :07:38. | :07:39. | |
work, play and can indicate. The work, play and can indicate. The | :07:40. | :07:44. | |
deal is the latest in a series of purchases for the site. Last month, | :07:45. | :07:50. | |
they spent 19 billion dollars on a messaging for a walk. Intel has | :07:51. | :07:58. | |
brought the start up behind another business. The value of the deal has | :07:59. | :08:02. | |
not been released but it is a sign that the market for wearable gadgets | :08:03. | :08:06. | |
is heating up. They are coming popular among people wanting to | :08:07. | :08:10. | |
monitor their heart rate and sleeping patterns. HTC has unleashed | :08:11. | :08:16. | |
its latest figures in the battle of the smartphone market. Dominated by | :08:17. | :08:22. | |
Apple and Samsun. They are unveiled their latest phone. But will a fancy | :08:23. | :08:27. | |
new camera and larger screen be big enough to boost their week | :08:28. | :08:38. | |
earnings? The HTC was a hugely successful phone. It won all sorts | :08:39. | :08:43. | |
of awards but did not pull the company out of the downward spiral | :08:44. | :08:47. | |
caused by competition from Samsun and Apple. Here is the new version. | :08:48. | :08:53. | |
It is again an extremely good`looking phone with some great | :08:54. | :08:57. | |
technology on board. Will it make a huge difference? One of the big | :08:58. | :09:05. | |
things you are posting is a camera. I am going to demonstrate the | :09:06. | :09:13. | |
camera. Which does one clever thing. It allows you to choose what is in | :09:14. | :09:20. | |
focus. You can shoot like a professional. You can focus on who | :09:21. | :09:25. | |
you want to focus. You can be focused as well. It has professional | :09:26. | :09:36. | |
debt. I want you in focus. You want to focus the beautiful women. If I | :09:37. | :09:41. | |
took this out on the street, would people say this is an HTC? You just | :09:42. | :09:51. | |
look at the back. I think it is very easy to identify. What will be the | :09:52. | :09:57. | |
measure of its success in a year's time? We are going to increase our | :09:58. | :10:05. | |
market share. 2014 years the year for haste is it. In one of the world | :10:06. | :10:11. | |
's largest Telecom indications companies will reveal its yearly | :10:12. | :10:13. | |
results. From ZTE's understanding we have a | :10:14. | :10:37. | |
few aims. One is to be closer to our customer. Then, we find a way to | :10:38. | :10:43. | |
solve their challenges. Then we can win our customer. The second way is | :10:44. | :10:48. | |
to attract more talented people globally. The third way is to get | :10:49. | :10:56. | |
more partners and get a better ecosystem to make innovations. It | :10:57. | :11:01. | |
might have a quick look at how Asian markets are faring. They are all | :11:02. | :11:06. | |
currently in positive territory. Thank you for investing your time | :11:07. | :11:09. | |
with us. Sport Today is our projects. | :11:10. | :11:21. | |
The main news stories this hour from London. The search for the missing | :11:22. | :11:22. |