:00:11. > :00:20.Our top story: Police 36 people have been killed in a gun and bomb attack
:00:21. > :00:26.at the Ataturk Airport airport in Istanbul, Turkey. Information
:00:27. > :00:29.suggests there were at least three attackers, police tried to stop them
:00:30. > :00:33.before they reached a security checkpoint in the arrivals hall at
:00:34. > :00:38.your's third busiest airport. Recep Tayyip Erdogan has said the attack
:00:39. > :00:42.has aimed to undermine Turkey by killing innocent people. Police are
:00:43. > :00:47.investigating whether militants from so-called Islamic State are behind
:00:48. > :00:54.the attack. David Cameron has been meeting his EU colleagues for the
:00:55. > :01:08.first time since he lost the In-Out referendum last week. Stay with us
:01:09. > :01:13.on BBC News, much more to come. And the top story in the UK, Jeremy
:01:14. > :01:18.Corbyn has insisted he won't step down as Labour leader, despite
:01:19. > :01:25.losing an overwhelming vote of no confidence by 172 votes to 40. He
:01:26. > :01:34.said a resignation would be a betrayal. Now it is time for the
:01:35. > :01:39.Asia Business Report. A dire warning about the impact of
:01:40. > :01:41.Brexit on the global economy from one of the world 's most respected
:01:42. > :01:52.investors. And, how a trip to the theatre began
:01:53. > :02:04.1-man's journey towards lending his dream job --1 man's.
:02:05. > :02:12.Glad you could join us. We begin with more Brexit, and Britain's
:02:13. > :02:18.decision to Leave the EU could lead to the worst economic crisis of our
:02:19. > :02:23.lifetime. This is according to the American investor, Jim Rogers. He
:02:24. > :02:28.co-founded the quantum fund in the 1970s and is also predicting that it
:02:29. > :02:34.will lead to the breakup of the United Kingdom. He told me what he
:02:35. > :02:37.thinks will happen in Asia. Asia will be less affected, because Asia
:02:38. > :02:45.has a lot of reserves. Most of the nations in the West are huge
:02:46. > :02:51.debtors. The UK is, the US is the largest in the world. Most countries
:02:52. > :02:54.here have a big reserve. We will be affected, but not so badly. We are
:02:55. > :03:05.already seeing an impact on some of the emerging Asian currencies such
:03:06. > :03:10.as the Indonesian rupiah? The reason for that is when you have financial
:03:11. > :03:15.turmoil, it is a snowball. You can't just have it here and nobody is
:03:16. > :03:20.affected. It is all interrelated. It is going to be the worst in your
:03:21. > :03:25.lifetime. You say it will snowball, for how much longer are we going to
:03:26. > :03:30.see the impact of this Brexit on the global markets? Is started before
:03:31. > :03:37.the Brexit, that is just another nail in the coffin. It started
:03:38. > :03:45.before and is going to continue for a year or two. There are so many
:03:46. > :03:49.embedded problem is that this could, however, last years. We have had
:03:50. > :03:54.economic malaise for many years. The risk is that that is what happens
:03:55. > :03:59.this time. We rather buying opportunities now? We are seeing all
:04:00. > :04:04.this malaise in the market over the next few years. I don't see many
:04:05. > :04:13.buying opportunities at the moment. The US dollar is a terribly flawed
:04:14. > :04:22.currency, we are the largest tested nation in the world. You favour the
:04:23. > :04:26.US dollar, how much lower will the British pound go against the
:04:27. > :04:30.greenback? Scotland is going to Leave and take their order with
:04:31. > :04:38.them, that the major source... -- debted. Will it be parity? Scotland
:04:39. > :04:42.will Leave and take their oil, the UK has a huge trade in government
:04:43. > :04:49.deficit. The city of London loses a lot of its income. The United
:04:50. > :04:55.Kingdom of Great Britain and Wales, what else do they have to sell to
:04:56. > :05:00.the world? They have lost oil and London, it is going to grow well
:05:01. > :05:05.below a dollar before this is over. You should be very worried.
:05:06. > :05:12.Should we be very worried? That was renowned international investor Jim
:05:13. > :05:17.Rogers. Asian markets are beginning to show some signs of steadying
:05:18. > :05:26.after the vote to Leave the EU led to a tumultuous trading day. The
:05:27. > :05:40.Asian markets finished higher overnight. Taking a look at the
:05:41. > :05:47.updated numbers. We will be opening the trading doors in about 55
:05:48. > :05:51.minutes. There is still a lot of worry in Japan, all eyes are on the
:05:52. > :06:03.surging yen. It is hurting exporters. Then it a yesterday
:06:04. > :06:17.rebounded. -- the Nikkei rebounded yesterday. There are some safe haven
:06:18. > :06:21.currencies, at everybody feels worried that they will be losing a
:06:22. > :06:25.lot of money? It is a safe haven curse that Japan has to live with,
:06:26. > :06:30.especially in times of crisis. That is because investors like to
:06:31. > :06:36.purchase the yen, it is considered a safer asset. The yen has somewhat
:06:37. > :06:44.stabilised, it is currently trading at about 103 against the US dollar,
:06:45. > :06:49.which is probably why we are seeing the stock market doing OK. We saw a
:06:50. > :06:53.sharp fall on Friday, but since then we have been seeing the green arrow
:06:54. > :06:56.all week. That is despite the uncertainty of the Brexit. The
:06:57. > :07:02.government is continuing to my letter the situation and the impact
:07:03. > :07:09.on small businesses. The economic minister said that the government is
:07:10. > :07:12.prepared to roll out another stimulus targeting small businesses.
:07:13. > :07:24.That has been speculation for many weeks, when this stimulus will be
:07:25. > :07:31.implemented. This impacts the popularity of Shinzo Abe as we head
:07:32. > :07:37.into a major poll on July ten. Indeed. I think it is fair to say
:07:38. > :07:42.that the flaws of the economics were starting to be rather clear, even
:07:43. > :07:48.before the EU referendum. It has been quite interesting how some
:07:49. > :07:52.people here said, at the G7 summit, the Prime Minister said that the
:07:53. > :07:55.world could be heading for another financial crisis. Everybody said,
:07:56. > :08:05.though it isn't, but now it doesn't look so silly. There is no strong
:08:06. > :08:09.opposition party ahead of the election, so the ruling party is
:08:10. > :08:11.still doing quite OK, despite all the issues with the economy. Thank
:08:12. > :08:19.you so much for joining us. Lawyers are calling it the largest
:08:20. > :08:29.auto related class-action settlement in US history. Volkswagon will be
:08:30. > :08:36.spending up to 15 billion US dollars for cheating emissions testing. Most
:08:37. > :08:41.of it will go to 425,000 owners. The settlement also includes billions
:08:42. > :08:47.for environmental cheating on emission vehicles. China's first
:08:48. > :08:49.home-grown regional airport landed in Shanghai after successfully
:08:50. > :08:59.completing their first commercial flight. It is called ARJ21700 and
:09:00. > :09:02.has been in development for 14 years. It is trying to break into
:09:03. > :09:09.the Western dominated aircraft market. The country hopes to become
:09:10. > :09:13.one of the world 's biggest aircraft manufacturers.
:09:14. > :09:18.Most of us had to make money and if it comes from doing something we
:09:19. > :09:21.love, we are considered lucky. We are finding people who are
:09:22. > :09:28.fulfilling their career ambitions. This week, we find out how an
:09:29. > :09:34.Australian actor landed his dream job as the director of Sydney's
:09:35. > :09:44.Bellvoir Theatre companies. On the one hand, it is one of the
:09:45. > :09:48.biggest companies in the country, but on the other, it is very small.
:09:49. > :09:56.The hardest part is to keep dreaming up ways for the company to exist,
:09:57. > :10:01.which is difficult but it means deciding which shows to do but not
:10:02. > :10:09.losing sight of having some sense of why it matters, why the arts matter.
:10:10. > :10:15.It is a messy job, in many ways, but I am responsible for business as
:10:16. > :10:20.well. When I was about 19 and living in Brisbane, going to uni and very
:10:21. > :10:25.much in the closet and not really doing anything creative, I started
:10:26. > :10:31.doing a science degree, which was a terrible idea. I happened, mostly by
:10:32. > :10:39.accident, to go and see a piece of theatre. It was a show called the
:10:40. > :10:45.Tudors Is, it was about Oscar Wilde. I remember thinking to myself, if
:10:46. > :10:51.you could put together your intellect, athleticism and
:10:52. > :10:57.sexuality, your sense of creativity and your voice and your emotions all
:10:58. > :11:02.in one thing, why would you do anything else? -- Acra won. It
:11:03. > :11:08.seemed to me to be the only possible way of living and interesting life.
:11:09. > :11:11.So I jumped ship, I left uni and within six months went to drama
:11:12. > :11:18.school. The first thing I ever did was a dog food commercial, and then
:11:19. > :11:26.I did a little bit of theatre for a about two years. I did quite a bit
:11:27. > :11:31.of theatre. I always had an instinct to direct, but it took me a very
:11:32. > :11:44.long time to summon the courage. I think if you are beginning, whatever
:11:45. > :11:47.it is, when most of society thinks it is ridiculous, approach it
:11:48. > :11:53.ridiculously. Do the silliest thing that you can do. Take a big leap.
:11:54. > :11:58.Because if you be sensible about it, you will get waylaid by being
:11:59. > :12:03.sensible. It has to be a ridiculous undertaking in some way.
:12:04. > :12:14.Thank you for watching, goodbye for now.
:12:15. > :12:27.The top stories sour: At least 36 people have been killed in a and
:12:28. > :12:29.bomb attack on the main airport in Istanbul. Turkish police are
:12:30. > :12:35.investigating whether Islamic State were behind the attack. It is fought
:12:36. > :12:36.three attackers were involved and people have been urged to stay away
:12:37. > :12:45.-- the top stories this hour: The planned high-speed rail line is
:12:46. > :12:50.over budget and plans have to be delayed over a year, which is the
:12:51. > :12:56.latest from the spending watchdog. MPs are due to vote later this year
:12:57. > :12:58.as to whether to go ahead with the first steps of the ?56 billion
:12:59. > :13:03.project. It would be one of the biggest and
:13:04. > :13:11.most expensive engineering projects Britain has ever taken on. HS2 would
:13:12. > :13:16.eventually see 225 mile an hour trains linking London with some of
:13:17. > :13:19.the biggest cities, but the timetable is unrealistic and there
:13:20. > :13:24.is not currently enough money in the budgets to pay for everything.
:13:25. > :13:29.Euston station will be the London gateway for HS2, but it is old and
:13:30. > :13:33.is going to need a lot of disruptive work and a lot of money to get it
:13:34. > :13:40.ready. This report says they will need an additional ?470 million just
:13:41. > :13:45.to upgrade this site. It also says there is currently a ?204 million
:13:46. > :13:51.overspend on the first phase of the wine, between Birmingham and London.
:13:52. > :13:57.They need to save ?9 billion on the second phase, and they may need to
:13:58. > :14:03.delay the project via a year to open on time -- line. The boss of the
:14:04. > :14:08.company delivering the line told the BBC they remain on track. I see it
:14:09. > :14:12.as steady progress. The first report said, why are you building this
:14:13. > :14:16.project? Now they are saying, I've got it. I understand the strategic
:14:17. > :14:22.case. The government insists the money is still there, but critics
:14:23. > :14:26.aren't convinced. There is absolutely no chance whatsoever that
:14:27. > :14:29.HS2 will be delivered on time or on budget, and there is a very good
:14:30. > :14:34.chance that if it is delivered, it won't represent what is actually on
:14:35. > :14:38.the table. A lot of it will get cut if they want to keep anywhere near
:14:39. > :14:41.the actual budget. MPs are due to vote later this year on whether to
:14:42. > :14:51.go ahead with the first phase. An inquest into the death of
:14:52. > :14:56.14-year-old Alice Gross two years ago has heard police did not check
:14:57. > :15:01.criminal records of the Latvian man believed to have killed her. A
:15:02. > :15:07.convicted murderer was found hanged after Alice disappeared. He had been
:15:08. > :15:11.questioned in 2009 about an allegation of indecent assault, but
:15:12. > :15:22.wasn't charged. Scotland Yard said their policy has now changed. --
:15:23. > :15:23.has. Now it's time for Sport Today. And --