Browse content similar to 25/01/2016. Check below for episodes and series from the same categories and more!
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Back in black, Japan returns to a trade surplus because of the week | :00:16. | :00:23. | |
currency and low oil prices. And maternity benefits. India | :00:24. | :00:27. | |
encouraging more mothers to return to work. Welcome to Asia Business | :00:28. | :00:40. | |
Report. I am Sharanjit Leyl. Japan's trade figures are out and it | :00:41. | :00:44. | |
looks like the slowdown is taking a toll. Exports fell 8% from a year | :00:45. | :00:51. | |
earlier in December. More than forecast. Imports fell by 18%. | :00:52. | :00:57. | |
Overall, they have posted a trade surplus of $1.2 billion. What do the | :00:58. | :01:03. | |
numbers say? Earlier I posed that question to David. It is good in | :01:04. | :01:11. | |
parts and some others are not as good. Look at what has happened in | :01:12. | :01:18. | |
Japan. We saw that the exports are down but imports are down even | :01:19. | :01:23. | |
more. That means Japan can post a surplus rather than a deficit. | :01:24. | :01:29. | |
Before, in the imports, thanks to low commodity prices... Japan has | :01:30. | :01:34. | |
not much in the way of resources. It has two in what most of it, | :01:35. | :01:43. | |
primarily oil. -- to. That has helped them. We have a Bank of Japan | :01:44. | :01:47. | |
meeting at the end of this week. They are watching closely. We saw a | :01:48. | :01:53. | |
hints at more stimulus measures. What can the Bank of Japan really | :01:54. | :01:57. | |
do? They have really loose policy at the moment. Then you have Abenomics, | :01:58. | :02:03. | |
aggressive stimulus measures. What can they do? We need to remember | :02:04. | :02:15. | |
they need to embark on recuperation. Look at the reduction of travel. | :02:16. | :02:23. | |
Rather than the pace of it. What the Bank of Japan needs to do is look at | :02:24. | :02:30. | |
whether or not Japan is on a path to recovery. Today's trade data will | :02:31. | :02:34. | |
put a spanner in the works because people will say, it looks like they | :02:35. | :02:39. | |
are starting to recover. That will would pressure on the Bank of Japan | :02:40. | :02:43. | |
because people will look at the yen now. That will make exports even | :02:44. | :02:50. | |
more expensive. It is a difficult act for the Bank of Japan to engage | :02:51. | :02:56. | |
in. What will it do? I feel they will embark on more monetary easing. | :02:57. | :03:02. | |
They will step up quantitative easing. They may even look at | :03:03. | :03:07. | |
interest rates. As you heard, they have benefited from the low oil | :03:08. | :03:13. | |
prices imports... It needs it for its energy. It has put pressure on | :03:14. | :03:22. | |
Venezuela, for instance, which faces increased risk of debt import. How | :03:23. | :03:30. | |
much lower can global oil prices go? We spoke to readers that the | :03:31. | :03:38. | |
economic forum in Davos. I can see a price of 30-40 in the middle of the | :03:39. | :03:41. | |
year and towards the end of the year, even the 50s. The oil price in | :03:42. | :03:47. | |
six months time will be at the level of 35-$40 per barrel. $35. There is | :03:48. | :03:56. | |
oversupply, little demand... Of course, we all want to blame China | :03:57. | :04:00. | |
for recent troubles, but that isn't the only problem. No one knows | :04:01. | :04:07. | |
exactly, but I see $30. $20. The reason? $15 a barrel because of the | :04:08. | :04:18. | |
extraordinary light of oil on the planet. -- glut. It may even go to | :04:19. | :04:25. | |
$5 per barrel. In six months time... I think it will keep on | :04:26. | :04:30. | |
going down and down. A view from business leaders. One of the largest | :04:31. | :04:40. | |
hurdles Indonesia's currency faces is its infrastructure. They are | :04:41. | :04:45. | |
known for traffic jams. One of the worst in the world. Now, Indonesia | :04:46. | :04:49. | |
is time to do something about it with the first high-speed train in | :04:50. | :04:56. | |
the country. This is an executive InterCity train which connects the | :04:57. | :05:03. | |
capital in Jakarta to others. It is well-known for fashion. Because of | :05:04. | :05:11. | |
that, thousands of people go from Jakarta to Bandu and vice-versa for | :05:12. | :05:16. | |
a business trip. It will take me three hours to cover 160 comet is. | :05:17. | :05:25. | |
But I not sure if it will arrive on time. -- it is often late. -- | :05:26. | :05:32. | |
kilometres an hour. The new very fast trains are expected to go to | :05:33. | :05:37. | |
hunted and 60 kilometres an hour. -- are expected to go to 100. It will | :05:38. | :05:48. | |
make the trip much faster and more people will be able to do business | :05:49. | :05:58. | |
between the two cities. I hope that tourism will benefit along with | :05:59. | :06:05. | |
other creative industries. The new train is not cheap. It will cost | :06:06. | :06:11. | |
around 5.5 billion US dollars. 75% of that money is coming from China | :06:12. | :06:17. | |
development bank, and the rest from Chinese railway and Indonesian | :06:18. | :06:22. | |
businesses. Analysts are questioning whether it is worth it. The research | :06:23. | :06:31. | |
is 60,000 passengers per day. That is unproductive. Today, the | :06:32. | :06:35. | |
Indonesian government is saying one of the biggest advantages is the | :06:36. | :06:40. | |
establishment or development of a new town, in between Jakarta and | :06:41. | :06:49. | |
Bandu. I think, looking at the history of the high-speed train in | :06:50. | :06:52. | |
China and Japan, it will take around ten years to 15 years. The | :06:53. | :06:59. | |
government promises this will be the first of many. But many say they | :07:00. | :07:06. | |
should fix the trains they have before spending billions on new | :07:07. | :07:13. | |
ones. In a move to help India's new mothers, the government says it | :07:14. | :07:30. | |
plans more than of pay to -- pay to maternity leave. We have more from | :07:31. | :07:35. | |
Dubai. This is this five-month old's favourite toy. Just the thing | :07:36. | :07:43. | |
to keep this woman's baby happy. She is on a maternity break from work. | :07:44. | :07:50. | |
After using up 12 weeks' pay, she is taking another few months without a. | :07:51. | :07:56. | |
Not all women are allowed the extra time. -- pay. But with expenses for | :07:57. | :08:02. | |
babies shooting up, many think more paid leave is needed. We struggle | :08:03. | :08:12. | |
with many challenges as a mother. Within three it is time to leave and | :08:13. | :08:16. | |
go back to work. I think it is too little. Employers have to give 12 | :08:17. | :08:22. | |
weeks according to the government. In the UK, women get 39 weeks, the | :08:23. | :08:29. | |
first six at 90% of their salary. In China, 14 weeks, earning at least | :08:30. | :08:35. | |
the average wage of their employer. In the US, you can take 12 weeks of | :08:36. | :08:40. | |
art they are not obliged to receive anything. -- off but. The proportion | :08:41. | :08:48. | |
of women in India's workforce is low and some worry that lending to | :08:49. | :08:53. | |
increase maternity leave could push it even lower. Official figures | :08:54. | :08:57. | |
suggest fewer than 15% of women work. Of those who do have jobs, one | :08:58. | :09:03. | |
in four quit after having a baby. Social mind that is and employer | :09:04. | :09:11. | |
bias are a problem. -- mindsets. Man taking care of children is not | :09:12. | :09:19. | |
really considered. -- Men. Where do you leave your active toddler is | :09:20. | :09:24. | |
today the issue most working women face. This is a rare example. And | :09:25. | :09:32. | |
on-campus kindergarten run for employees. -- An. The idea that my | :09:33. | :09:37. | |
child is just a few floors away from me, I like it. Without it I would | :09:38. | :09:43. | |
not have been able to come back to work at all. But for many like this | :09:44. | :09:48. | |
baby, this is not available. Is over mother-in-law comes to stay. -- Her. | :09:49. | :09:59. | |
For now, they will play it by ear. And a quick look at the markets. | :10:00. | :10:05. | |
Some gains with the Asian stocks opening. The Nikkei is slightly flat | :10:06. | :10:11. | |
responding to the information we just gave. Stronger oil prices are | :10:12. | :10:19. | |
helping the Hang Seng. We saw them rally on Friday. Up about 10%. One | :10:20. | :10:30. | |
of their biggest one day gains. In fact, they are | :10:31. | :10:31. |