:00:00. > :00:07.children, aged from five to 75. Now on BBC News, all the latest
:00:08. > :00:19.business news live from Singapore. UK discount retailer Primark is
:00:20. > :00:25.investigating allegations that its clothes were using Chinese slave
:00:26. > :00:29.labour. And, defeating the deflation, Japan's interest rates
:00:30. > :00:37.rise at their fastest pace for more than 30 years. Welcome to Asia
:00:38. > :00:40.Business Report. Shoppers are rarely forced to think too hard about
:00:41. > :00:44.whether clothes are coming from, but that is not the case for one shopper
:00:45. > :00:50.in Northern Ireland who discovered what she described as "a cry for
:00:51. > :00:57.help" from a Chinese prison worker in a pair of pants that she bought.
:00:58. > :01:01.Karen bought these shorts from prime mark several years ago, but had
:01:02. > :01:05.never worn them. It was only last week when she discovered the note
:01:06. > :01:10.inside a pocket `` Primark. I didn't know what thing, it was a sign to
:01:11. > :01:15.help, it said SOS at the top, I called my partner and showed him. I
:01:16. > :01:22.was shocked. It was attached to a prison ID card. The note says that
:01:23. > :01:26.his job is to produce fashion clothes for export. They work 15
:01:27. > :01:30.hours a day and the food they get wouldn't be fit for dogs or pigs. A
:01:31. > :01:35.spokesperson for Primark said that since 2009, when the trousers were
:01:36. > :01:42.last sold, nine inspections of the supplier...
:01:43. > :01:48.The trousers cost no more than ?10, but it has made Karen think about
:01:49. > :01:52.who could have made them. I have never heard, or even thought of
:01:53. > :01:58.where my clothes would have come from, or anything like that. That
:01:59. > :02:03.they could have been made that way, from people treated like dogs, that
:02:04. > :02:06.is not nice. Primark says they have a code of conduct to ensure the
:02:07. > :02:12.well`being of all workers in its supply chain, and has begun an
:02:13. > :02:16.investigation. I spoke to our Shanghai correspondent earlier, and
:02:17. > :02:21.asked if such case was `` such cases were common in China. China has
:02:22. > :02:25.abolished re`education through labour camps, they closed at the end
:02:26. > :02:33.of last year. They were the camps where people were held, often for up
:02:34. > :02:38.to four years without any proper legal trial. You can be sent there
:02:39. > :02:44.on the decision of a local police bureau, and they have closed. And,
:02:45. > :02:51.there have been scandals in the past about products from those types of
:02:52. > :02:56.detention camps, making it into the international supply chain. What it
:02:57. > :03:00.looks like we are talking about here is a proper prison, if you like, and
:03:01. > :03:06.in China it isn't uncommon for these prisons to be producing goods to put
:03:07. > :03:13.the inmates to work. To be earning money for the prison and for
:03:14. > :03:17.themselves. International companies will be working hard, Primark says
:03:18. > :03:22.it does but, to make sure the goods from these kinds of places doesn't
:03:23. > :03:26.enter its stores. The difficulty is often third`party suppliers, and
:03:27. > :03:33.those contractors that send a workout elsewhere. That may be what
:03:34. > :03:38.has happened here `` send the work out. If it turns out that this note
:03:39. > :03:43.is genuine, that is deeply concerning. Japan's consumer prices
:03:44. > :03:47.rose at their fastest pace in over three decades last month, a sign
:03:48. > :03:51.that the Japanese prime minister is making headway is in his fight
:03:52. > :03:55.against inflation. Inflation was 3.4% in May, following an increase
:03:56. > :04:01.in nationwide sales taxes, but household spending fell by 8%, more
:04:02. > :04:05.than expected. Earlier, I asked a market strategist for his take on
:04:06. > :04:09.the figures. They were in line with estimates, and what you can draw out
:04:10. > :04:13.of them is that if you take with a consumption tax, if it wasn't
:04:14. > :04:17.happening, then you can be of the conclusion that it is slowing down
:04:18. > :04:22.inflation at 1.4%, for the last month, it was 1.5%. The other bit of
:04:23. > :04:27.that data that you haven't seen yet, household spending has been
:04:28. > :04:35.impacted severely by the tax. It dropped 8% year`on`year. That is
:04:36. > :04:39.another part. That is in the data we were looking for this month, maybe
:04:40. > :04:43.they need to slow it down. It is a good thing to see they are moving
:04:44. > :04:49.forward, but a lot of people will question, in the market side,
:04:50. > :04:51.whether they are doing enough. And, the Prime Minister is trying his
:04:52. > :04:56.hardest to do that, the results we saw from the date on Wednesday was a
:04:57. > :04:59.good step in the right direction. The issue is whether the market will
:05:00. > :05:07.let them, over the two years, whether it will take 3`4 years. What
:05:08. > :05:15.you are saying is that the sales tax is artificially boosting, but it is
:05:16. > :05:19.an aberration really. Yes. In terms of what the Japanese prime ministers
:05:20. > :05:24.doing, you said with those reforms that he announced this week, has
:05:25. > :05:28.there been evidence that what he has been doing has worked? It comes
:05:29. > :05:34.after his first and second arrows, as well, the stimulus, the monetary
:05:35. > :05:37.policy, et cetera. Will this work in the long`term? Policy reforms, no
:05:38. > :05:41.matter what country you look at, take a long time to filter through.
:05:42. > :05:47.In Japan, it takes even longer again. The jury is still out on that
:05:48. > :05:51.effect. There is no doubt that there has been bottom`up swelling of
:05:52. > :05:55.euphoria feelings, that things are getting better in Japan, you can see
:05:56. > :05:59.that in the market, reflected by the fact the currency had a 52%
:06:00. > :06:03.appreciation last year. There are suggestions he is doing the right
:06:04. > :06:06.thing, you have the Bank of Japan stimulating the economy. The core
:06:07. > :06:11.part of your question is whether regenerates inflation, the jury is
:06:12. > :06:19.out. If you look at what has gone on in the third in the US, they are
:06:20. > :06:25.struggling to make inflation. In other business news, shares of Nike
:06:26. > :06:27.jumped 3% in the US trade, after it reported better`than`expected
:06:28. > :06:30.profits. The world 's largest sportswear maker saw the net income
:06:31. > :06:36.rise to several hundred million dollars in the three months to raise
:06:37. > :06:39.`` three months to May. That beat estimates. It follows strong sales
:06:40. > :06:44.in America and Europe ahead of the World Cup. Sales of go pro cameras
:06:45. > :06:53.surged by more than 30% on the first day of the trade in the US. Sports
:06:54. > :06:58.enthusiasm `` sports enthusiasts use them to do their sporting
:06:59. > :07:01.activities. They managed to raise more than $400 million from the
:07:02. > :07:06.oversubscribed share sales. After months of speculation, Chinese
:07:07. > :07:16.commerce giant Ali Baba says it will list on the US stock exchange, the
:07:17. > :07:22.move rivals NASDAQ. It is expected to be the largest public offering
:07:23. > :07:26.for a tech company. A Chinese National audit has recovered more
:07:27. > :07:33.than $15 billion of loans, tied to illegal gold transactions. They
:07:34. > :07:41.stretch back to 2012 and involves 25 billion processing companies, that
:07:42. > :07:49.looks at changes in foreign exchange fluctuations. `` 25 bullion. In the
:07:50. > :07:53.next decade, India's billionaire count is expected to double, and
:07:54. > :07:55.many of the country 's superrich are expected to be from the financial
:07:56. > :08:06.capital mum by. `` our correspondent met some of the
:08:07. > :08:12.country 's entrepreneurs to find out about their ambitions `` Mumbai.
:08:13. > :08:18.Young India is in the fast lane. This man is 27, and ever since he
:08:19. > :08:26.graduated five years ago, he started one company per year. Among his
:08:27. > :08:31.ventures is this Harley`Davidson franchise. The only one in the city.
:08:32. > :08:38.He has had the financial support of his family. But, he is aiming to
:08:39. > :08:43.make his own mark. He is trying to achieve his own goals, but is
:08:44. > :08:47.realistic that not all goes to plan. I want to be the youngest
:08:48. > :08:52.billionaire in India, the oldest one was 31. I am aiming for 30. I think
:08:53. > :08:57.that will be possible. You never know, there are four years left,
:08:58. > :09:00.right? India has a larger population, more than any part of
:09:01. > :09:05.the country, the youngsters here in this city, they are the first
:09:06. > :09:09.exposed to this technology `` new technology and new ideas. It is
:09:10. > :09:16.known for entrepreneurial spirit and it is a culture that buys early on.
:09:17. > :09:25.This man started up his first company when he was 16. `` bites. At
:09:26. > :09:30.19, he is still yet to graduated, he has started six ventures already.
:09:31. > :09:39.Right now in India, there is amazing potential. It has grown faster than
:09:40. > :09:43.anyone has ever seen, anywhere. This confidence to take on the world has
:09:44. > :09:48.come with India's rapid rise over the past decade. Even though growth
:09:49. > :09:55.has slowed over the past couple of years, people like them believe that
:09:56. > :09:59.India still has miles to go and they want to make sure that they are
:10:00. > :10:07.riding along as it tries to make its way towards economic success.
:10:08. > :10:11.Of course, you can find out more about the rise of the super rich on
:10:12. > :10:17.our online special report. Go to the website.
:10:18. > :10:28.A quick look at the Asian markets now, they are mostly all over here
:10:29. > :10:30.at the moment, `` all lower. That is it for this edition, thank you for
:10:31. > :10:42.watching. Hello again, this is BBC News. The
:10:43. > :10:45.top stories this hour. A Sudanese woman ` sentenced to death for
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:10:55. > :10:55.President Obama is asking the US Congress for 500 million dollars to
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