:00:00. > :00:12.Now on BBC News all the latest business news live from Singapore.
:00:13. > :00:23.They may have football star Lionel Messi on their side, but will it be
:00:24. > :00:30.enough to rave up the fortunes of the company. We will be speaking to
:00:31. > :00:37.the boss following new jumps in profits.
:00:38. > :00:48.Good morning, Asia, hello, world. It is a Monday, glad you could join us.
:00:49. > :00:56.We start off with the Indian carmaker which has been stuck in
:00:57. > :01:01.reverse suffering heavy losses and disastrous sales at the company's
:01:02. > :01:10.luck could be changing. It will unveil its latest earnings report
:01:11. > :01:19.later today. The hatchback in sales and growing and sales in China are
:01:20. > :01:31.up and stocks have surged since 30%. I spoke to an expert and asked if it
:01:32. > :01:38.would turn their fortunes around. It is a key factor. I think as a group,
:01:39. > :01:49.they have performed exceptionally well both internationally and
:01:50. > :02:00.domestically. 85% of revenue is brought because of new
:02:01. > :02:06.introductions. They arrive back on track and all the big markets like
:02:07. > :02:13.Europe and North America, and China, are doing quite well. While we are
:02:14. > :02:16.seeing a surge in Jaguar and Land Rover in the mainland when the
:02:17. > :02:21.economy is slowing down and you also have the leadership damping down on
:02:22. > :02:29.government officials purchasing luxury goods? That isn't right. The
:02:30. > :02:34.global market is slowing down, especially in China but Jaguar has
:02:35. > :02:42.resolved the problem by localising production. This year we can hear
:02:43. > :02:49.from them about localising productions like Jaguar XE. Can the
:02:50. > :02:58.sales numbers be sustained going forward? Definitely. Because of
:02:59. > :03:03.localisation. We can really see it Jaguar being one of the growth
:03:04. > :03:16.engines in the coming quarters. What about Lionel Messi? Is the helping
:03:17. > :03:27.sales? Yes, it looks like it is. It has been launched in the domestic
:03:28. > :03:33.business and it looks to be back. It looks like Lionel Messi is working
:03:34. > :03:39.for them. Despite economic uncertainty sweeping the region,
:03:40. > :03:44.airlines are booming and AirAsia, the budget carrier, reported profits
:03:45. > :03:49.increasing sixfold. The founder and chief executive of joints meet wide
:03:50. > :03:57.web can from Kuala Lumpur. Later you could join us. Why is AirAsia doing
:03:58. > :04:01.so well when the economies of Malaysia and Indonesia, the key
:04:02. > :04:09.markets where you operate are struggling? A couple of things.
:04:10. > :04:19.Firstly, we are the beneficiary of a slowdown. People cut costs. So when
:04:20. > :04:33.we are kind of in a good position. Secondly, we are riding the tale
:04:34. > :04:36.winnner INAUDIBLE. Your operation in the Philippines has been bleeding
:04:37. > :04:40.and you have been struggling in the market over the past few years, are
:04:41. > :04:46.you planning to give up on the Philippine market? We are making
:04:47. > :04:50.good progress of their. We have reduced losses and are looking to
:04:51. > :05:05.make credibility in the next quarter. We are very successful in
:05:06. > :05:14.China. Challenging times for the Indian air market, when AU expecting
:05:15. > :05:24.a turnaround? -- when are you? We are expecting we are on course. We
:05:25. > :05:32.are hoping probability is not too far away, probably this year
:05:33. > :05:38.sometime. AirAsia X - are you better off with a short or long haul?
:05:39. > :05:44.People said the long haul does not work at current events proved them
:05:45. > :05:49.wrong with that fantastic performance of 100 million in the
:05:50. > :05:58.first quarter. It is really AirAsia on steroid. It has increased and
:05:59. > :06:05.become very profitable. It really looks like AirAsia now. Crude prices
:06:06. > :06:10.have gone up by 80% from its lowest - above $50 per barrel. At which
:06:11. > :06:26.price point will they start putting pressure on your airfares? Well,
:06:27. > :06:33.60-70 will see a fuel surcharge but, really, we are still looking at 50.
:06:34. > :06:42.Glad you could join us live via WebCam. In other business news,
:06:43. > :06:50.Japanese Finance Minister says that there should be a general election
:06:51. > :06:56.so that Japanese people could have a say in a new tax coming in to effect
:06:57. > :07:01.next April. The government said the Prime Minister Shinzo Abe plans to
:07:02. > :07:06.Prime Minister Shinzo Abe plans delay the increase by 2.5 years.
:07:07. > :07:11.South Korea's central bank has new data suggesting they are starting to
:07:12. > :07:18.feel more bullish. The survey index climbed to 72 for June after
:07:19. > :07:23.registering 69 in May. It is now at its highest level in seven months.
:07:24. > :07:27.It is the third straight month the index has increased. Now, for most
:07:28. > :07:34.of us, the idea of giving up the day job to build a boat and sail off
:07:35. > :07:37.into the sunset is just one of life's unfulfilled dreams but one
:07:38. > :07:47.sale has not only managed to sail around the world several times but
:07:48. > :07:51.he has also financed it. He published books of his adventures.
:07:52. > :08:10.He explains. (MUSIC PLAYING). Everytime I had to
:08:11. > :08:13.make a major decision in life, particularly in business, I asked
:08:14. > :08:19.myself this question - does this decision-making freer or less free?
:08:20. > :08:25.I opted for the freedom sometime I had to trade serious money to go for
:08:26. > :08:30.the freedom but in the longer run, I had evolved myself to not have to
:08:31. > :08:34.pay attention to anybody else's rules but just my own. This boat, I
:08:35. > :08:40.do not think of it just as a boat is a magic carpet. The world is
:08:41. > :09:01.smallest country. I am the king of my tiny sovereign nation. SINGS. I
:09:02. > :09:06.gives the work for a giant publisher that had 500 employers. It was hard
:09:07. > :09:14.to turn that ship publishing around. Reduce that company down to a little
:09:15. > :09:21.40 foot company named after my yacht and I was able to turn around that
:09:22. > :09:25.very quickly, responded to the demands of the market. I take my
:09:26. > :09:33.zest for living, package it between my pages, zip it off to the Internet
:09:34. > :09:41.and soon I collecting royalties that anyone in the world can buy over the
:09:42. > :09:49.Internet instantly. Our vessel is not just our business, our home, our
:09:50. > :09:57.recreation, it is the entire lifestyle. When I wake up and smell
:09:58. > :10:11.the salt air, I think to myself, this is the life. SINGS. Happy
:10:12. > :10:16.life, sailing the seas. Having a quick look at the markets. Hopefully
:10:17. > :10:21.we will have some happy investors to date and, as you can see, currently
:10:22. > :10:25.Japan and Australia in positive territory after US stocks were in
:10:26. > :10:33.positive territory on Friday after Janet Yellen implied rates could be
:10:34. > :10:36.lifted soon. Thank you for joining us. See you again soon.