:00:00. > :00:00.Vote Leave have accused their opponents of scare tactics.
:00:00. > :00:15.Now on BBC News all the latest business news live from Singapore.
:00:16. > :00:23.Better luck next year- and index looks back at the inclusion of
:00:24. > :00:33.Chinese mainland shares are second time. Is this stretch? Site is
:00:34. > :00:43.matchmaking wearable technology with rubber.
:00:44. > :00:51.You are watching Asia Business Report. Investors who are looking to
:00:52. > :00:57.dip their toes are little further into the Chinese market might have
:00:58. > :01:04.to wait another year because of the MSCI has delayed the inclusion of
:01:05. > :01:09.domestic equities yet again. The firm says China has made any
:01:10. > :01:18.significant step towards inclusion but investors want improvements
:01:19. > :01:25.before they are included. I spoke to an member of Fidelity investment and
:01:26. > :01:31.asked if this surprised her? Not only surprise, because when we
:01:32. > :01:36.looked at market expectations it was 50-50 regarding the inclusion. It is
:01:37. > :01:41.important to note that while we have seen significant improvements in
:01:42. > :01:48.terms of how foreign investors access Chinese stock, the criteria
:01:49. > :01:56.set last year a lot of it still has to be fulfilled. It is not just
:01:57. > :02:04.result of this news. That will have to try again next year. Do you think
:02:05. > :02:11.they will ever include them? MSCI stated in the inclusion could occur
:02:12. > :02:16.within the next year, outside of the review period which falls every
:02:17. > :02:24.June. If we see further developments in terms of how we access the
:02:25. > :02:29.markets, we could see inclusion. Don't forget, it is likely to be at
:02:30. > :02:34.partial inclusion - let's say 5%- and inclusions take years to
:02:35. > :02:41.implement it so it is long-term story and in years to come, when you
:02:42. > :02:46.do access Chinese stocks, it will be three different share types, it will
:02:47. > :02:57.be one type altogether. -- it will not be. Can they buy shares listed
:02:58. > :03:03.overseas? Yes, you can get Hong Kong listed stocks, the famous Alibaba
:03:04. > :03:10.for example, from an active management perspective, we access
:03:11. > :03:13.the sharemarket through our quotas so there are still many ways for it
:03:14. > :03:18.is this outside of China to access the Chinese growth story and
:03:19. > :03:25.opportunity when it comes to individual names. I want to ask you
:03:26. > :03:29.about market volatility, not just in China but across the world, because
:03:30. > :03:35.there are fears about the UK leaving the EU and the Federal Reserve
:03:36. > :03:41.potential rate hike. Will it continue? It is likely to continue,
:03:42. > :03:49.especially with next week's referendum and uncertainty of the
:03:50. > :03:53.Federal Reserve's decision. We are still seeing some long-term
:03:54. > :03:59.opportunities across Asia but do expect market volatility to continue
:04:00. > :04:04.and possibly more than the economic backdrops were finding in our part
:04:05. > :04:10.of the world. China is not the only country that faced disappointment
:04:11. > :04:16.over market the classification. The MSCI also rejected South Korea's bid
:04:17. > :04:21.to be reclassified to the developed markets status. There was concern
:04:22. > :04:28.over the compatibility of Korean markets. And the use of exchange
:04:29. > :04:37.data for the creation of national products. In other business news:
:04:38. > :04:42.rise in retail figures. They were helped by an increase in online
:04:43. > :04:52.clothing and sporting goods sales. They searched by 1.3% in April. That
:04:53. > :04:57.was the strongest since March 2013. Economist had expected to slow down.
:04:58. > :05:03.An appeals court has upheld some of the strongest neutrality rules in
:05:04. > :05:10.the world today. The rules high-speed Internet can be defined
:05:11. > :05:25.as the utility. The decision clears the way for more rigourous policing.
:05:26. > :05:33.The annual videogame conference, E3 is on in Los Angeles. For clues on
:05:34. > :05:42.what is installed, we have this report. E3 is kicking off behind me
:05:43. > :05:47.after the exciting announcements from Microsoft, it is finally time
:05:48. > :05:55.to play some of the games. I looking forward to it. The Batman VR - it
:05:56. > :06:02.will take over everything. I hoping to see a lot of new great games. The
:06:03. > :06:09.huge lineup from Sony and electronic arts. I'm looking forward to playing
:06:10. > :06:15.and try out new capabilities. It looks crazy different. It will be
:06:16. > :06:22.interesting. Who has the upper hand? Sony. They came out all cylinders
:06:23. > :06:29.firing and it was an incredible press conference. Sony is doing it.
:06:30. > :06:40.Hardware - Microsoft dropped the couple of bombs. They did drop some
:06:41. > :06:48.hardware on us Sony has the games down. It is huge business. Over $100
:06:49. > :06:52.billion will be spent this year alone on the new games. 50,000
:06:53. > :07:00.people are expected to come through those doors over the next few days.
:07:01. > :07:08.Let's stay with technology. Besides in New Zealand had been working on
:07:09. > :07:14.product which puts them at the cutting edge of technology. They are
:07:15. > :07:24.producing type of smart rubber which could change the way we control our
:07:25. > :07:33.modern devices. Just another glitzy fashion show in New York... But not
:07:34. > :07:42.quite. There is science going on here. Those fancy lights are
:07:43. > :07:51.controlled by wearable ticks on the model. Auckland University research
:07:52. > :07:57.into electric charge rubber could be game changer. It has three different
:07:58. > :08:03.players, to conduct it pieces of rubber and one non- conductive. We
:08:04. > :08:08.can feel different pressure points. It is cheap and economical and easy
:08:09. > :08:13.to use and applied. The control things intuitively with your hands
:08:14. > :08:19.and body and we want to use that to control devices around us. If you
:08:20. > :08:27.moved your arm, made the gesture, we can use it to control something. For
:08:28. > :08:33.example, change the music or typing things in the air and sending text
:08:34. > :08:38.message. It could be used in medicine, sports or in the living
:08:39. > :08:45.room. I can use my thumb to change weapons. My index finger for fire
:08:46. > :08:52.weapon and I can then use... My middle finger to open doors and walk
:08:53. > :08:57.into other rooms. When the rubber is stretched or quashed, it can produce
:08:58. > :09:02.energy. You can have this on your body and produce power from the
:09:03. > :09:07.devices you are wearing without having to worry about battery
:09:08. > :09:16.recharged and that is essentially what you might call aware and forget
:09:17. > :09:23.scenario. This research is ready in commercial demand. Spin-off company
:09:24. > :09:28.has really been formed. Technology is moving so rapidly, we should have
:09:29. > :09:34.an ecosystem between university and business. The model of business
:09:35. > :09:38.science with almost 200 clients around the world. The latest
:09:39. > :09:46.innovations are now fresh from the lab. Let the car look at markets
:09:47. > :09:51.before we go because Japan and Australia have started trading and
:09:52. > :09:56.they are all in the red yet again because of fears that we were
:09:57. > :10:01.talking to Catherine about over the possible extent of the UK from the
:10:02. > :10:12.European Union and possible rate hikes from the Fed. Wall Street also
:10:13. > :10:19.fell for the fourth session in row. The yen continues its rally because
:10:20. > :10:23.it is seen as safe currency. We leave you with sneak preview of the
:10:24. > :10:29.happiest place on earth which opens in Shanghai tomorrow- we are talking
:10:30. > :10:34.about Disneyland. But you will need to wait, all ticket are sold out.
:10:35. > :10:38.Thank you for watching.