Browse content similar to 02/09/2016. Check below for episodes and series from the same categories and more!
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of all-out strikes at hospitals in England before Christmas. | :00:00. | :00:00. | |
The move is part of an ongoing dispute over a new contract | :00:00. | :00:00. | |
Now on BBC News all the latest business news live from Singapore. | :00:00. | :00:13. | |
China in the spotlight. The world's second largest economy host G20 | :00:14. | :00:20. | |
leaders against the backdrop of a slowing economy. | :00:21. | :00:24. | |
And come with us to Berlin to find out how Asia's tech giants are | :00:25. | :00:31. | |
creating our homes for the future. They are real news cases from real | :00:32. | :00:35. | |
consumers and it will change the behaviour of how people interact | :00:36. | :00:41. | |
with home appliances, for short. Dashboard sure. Good morning, Asia | :00:42. | :00:47. | |
and hello, world, glad good you could join us -- for sure. | :00:48. | :00:52. | |
World leaders are heading to the Chinese city of banjo, that is for | :00:53. | :00:59. | |
the annual G20 summit this weekend -- Hangzhou. Barack Obama, Xi | :01:00. | :01:05. | |
Jingping and Theresa May will be among those attending. The group | :01:06. | :01:11. | |
accounts for 85% of world GDP and two thirds of its population. It is | :01:12. | :01:16. | |
a big moment for President Xi, who wants to show that the mainland is | :01:17. | :01:21. | |
at the centre of the solution to stagnant global growth. Robin Brant | :01:22. | :01:26. | |
reports from Shanghai on the economic challenges facing his | :01:27. | :01:26. | |
country. Got the popcorn, got the tickets, | :01:27. | :01:37. | |
got your friends. Now for the movie. And there are plenty to see in the | :01:38. | :01:41. | |
world's biggest market for cinema and film. But for the first time in | :01:42. | :01:47. | |
five years there are signs of weakness. Ticket sales aren't going | :01:48. | :01:51. | |
up, they're going down, by 10% before the summer compare to last | :01:52. | :01:55. | |
year, and average ticket prices have dropped to their lowest since 2010. | :01:56. | :02:01. | |
Maybe I don't come here, maybe I will stay at home. Stay at home? | :02:02. | :02:06. | |
Yeah. Watch it on TV? I don't like seeing movies at home, I get sleepy! | :02:07. | :02:14. | |
But why does it matter? Because it is regarded as a snapshot of real | :02:15. | :02:18. | |
spending. It's not just the movies where the | :02:19. | :02:22. | |
numbers aren't climbing any more, the number of Chinese tourists going | :02:23. | :02:26. | |
abroad is set to level off this year according to the Chinese tourist | :02:27. | :02:30. | |
administration. So does all this make for an accurate barometer of | :02:31. | :02:33. | |
the economy? It's true that people still feel a | :02:34. | :02:38. | |
little uncertain for example about the exchange rate, about the stock | :02:39. | :02:42. | |
market. Therefore you do not see a constantly increasing trend of the | :02:43. | :02:49. | |
growth rate of China's consumption. But it is actually experiencing a | :02:50. | :02:53. | |
transition and people are consuming more than ten years ago. | :02:54. | :02:57. | |
It is hard to judge the health of an economy but this is actually quite a | :02:58. | :03:02. | |
good pointer. It's a cup of coffee. Now, there's been an explosion in | :03:03. | :03:06. | |
the number of copy shops here and Shanghai consumers are now happy to | :03:07. | :03:10. | |
part with the equivalent of six US dollars for one of these. They | :03:11. | :03:14. | |
didn't spend anything like that 20 years ago. But this country is still | :03:15. | :03:19. | |
struggling with the dominance of old industries. | :03:20. | :03:21. | |
The steel meals and coalmines that powered China's Boom are undergoing | :03:22. | :03:28. | |
big change -- steel mills. The government has promised to shut many | :03:29. | :03:32. | |
of them. It's part of a painful move away from being an economy dominated | :03:33. | :03:35. | |
by inefficient state-owned enterprises. But China is far from | :03:36. | :03:41. | |
grinding to a halt. Take SUV sales, they are going through the roof in | :03:42. | :03:46. | |
an economy that is slowing but still growing at around 6.5%. We want to | :03:47. | :03:53. | |
go to Tibet. Across China? Yeah, across China. Cars, coffee and | :03:54. | :03:59. | |
cinema tickets, it's one way to get a snapshot of the economy as it | :04:00. | :04:03. | |
tries to lead the way in revising the world economy. China's growing | :04:04. | :04:11. | |
clout is a worry for G20 leaders, China is interested in Russia's | :04:12. | :04:15. | |
natural resources. Ahead of the G20 summit, the Japanese and Russian | :04:16. | :04:19. | |
leaders have been meeting in Moscow but the two countries remain at odds | :04:20. | :04:23. | |
over a decades-old territorial dispute involving a string of | :04:24. | :04:26. | |
Russian controlled western Pacific Islanders. The Japanese | :04:27. | :04:34. | |
pharmaceutical company Takeda has won a US contract to develop a | :04:35. | :04:39. | |
vaccine for Zika. It is worth $200 million and it will help the vaccine | :04:40. | :04:44. | |
get ready for initial testing. Human trials are due to start in a year. | :04:45. | :04:49. | |
Currently there is no drug or vaccine available to fight the Zika | :04:50. | :04:53. | |
virus. Will a US interest rate rise come this month as many expect? We | :04:54. | :04:57. | |
can get a better idea with the latest US jobs numbers out later | :04:58. | :05:01. | |
today. Let's look at how those numbers could influence the Fed's | :05:02. | :05:03. | |
decision. This month's US job report is very | :05:04. | :05:15. | |
significant because it may determine whether the Federal Reserve hikes | :05:16. | :05:18. | |
interest rates for only the second time in the last ten years. | :05:19. | :05:31. | |
If we get strong job creation in excess of 180,000 jobs in August, | :05:32. | :05:39. | |
wage growth that continues to go up, and evidence that they might labour | :05:40. | :05:45. | |
markets like is disappearing because people aren't rushing back into the | :05:46. | :05:50. | |
labour market then the Fed will find it hard to not hiked rates when it | :05:51. | :05:54. | |
meets in just over two weeks. -- hike. | :05:55. | :06:11. | |
More than 1 million Indian workers are expected to strike today in a | :06:12. | :06:17. | |
nationwide protest by unions. Industries including power, ports | :06:18. | :06:21. | |
and banking are expected to be disrupted by their claim for higher | :06:22. | :06:23. | |
pay. Schleper has more from Delhi. When you want to protest in India's | :06:24. | :06:31. | |
capital, this is where you come. We expect this area to be packed for | :06:32. | :06:35. | |
the country's biggest protest in more than a year. Higher wages are | :06:36. | :06:39. | |
part of the debate but it's about something more fundamental, should | :06:40. | :06:42. | |
sweeping reforms, which the Modi government said is essential for the | :06:43. | :06:49. | |
economy, go-ahead? A lot has been made plans to allow more foreign | :06:50. | :06:53. | |
investment in some of the countries biggest industries. Some | :06:54. | :06:56. | |
pharmaceuticals and defence to aviation -- from. But some say that | :06:57. | :07:03. | |
more private sector influence threatens jobs. And they also object | :07:04. | :07:09. | |
to plans to sell more stakes in businesses like coal India, | :07:10. | :07:13. | |
industries that many say should stay under state control. So how | :07:14. | :07:17. | |
constructive will be action be -- destructive? Many Indians won't have | :07:18. | :07:22. | |
access to state run bank accounts and also dock workers will strike | :07:23. | :07:26. | |
affecting trade. But there's no effect on power supply and also | :07:27. | :07:29. | |
railway workers aren't part of the strike, meaning the country's key | :07:30. | :07:35. | |
transport routes will run normally. Threats of such action normally | :07:36. | :07:39. | |
result in last-minute cancellations and promises of talks and | :07:40. | :07:42. | |
concessions. But they are going ahead this time and that underlines | :07:43. | :07:46. | |
the strength of feeling many in this country have against reform, reforms | :07:47. | :07:50. | |
that are a central plank of the government plans to make a more | :07:51. | :07:52. | |
competitive India. Now to Berlin where Asia's | :07:53. | :08:00. | |
technology giants are dominating Europe's biggest consumer technology | :08:01. | :08:04. | |
show, IFA. The likes of Sony and Samsung are pushing their vision for | :08:05. | :08:10. | |
a so-called Smart Home. Rory Cellan-Jones takes a sneak peak. | :08:11. | :08:12. | |
In Berlin this week, a glint of products that tech firms hope will | :08:13. | :08:18. | |
soon be in your home and they are betting it will be a smart, | :08:19. | :08:22. | |
connected home. The word smart is everywhere. This Chinese firm has | :08:23. | :08:26. | |
even made it smart to take a nap. This smart mattress will even tell | :08:27. | :08:30. | |
me on that screen how well I have slept. Actually I slept brilliantly! | :08:31. | :08:36. | |
Over at the giant Samsung stand, there's an old favourite, the | :08:37. | :08:39. | |
Internet connected fridge. What makes this different is that it and | :08:40. | :08:49. | |
other are all controlled from a smartphone app can even see into the | :08:50. | :08:52. | |
fridge. There's three cameras inside the fridge, every time the door | :08:53. | :08:54. | |
closes it takes an image. You can add the expiry date so I know I have | :08:55. | :08:58. | |
got to eat a cake in the next day. TVs continue to get bigger with ever | :08:59. | :09:02. | |
sharper pictures. Many this year both curved screens. And Sony is | :09:03. | :09:06. | |
looking a bit further into the future with this projection system | :09:07. | :09:10. | |
that turns any surface into a magical interactive space. | :09:11. | :09:14. | |
Characters from the book have lept out of the book magically onto the | :09:15. | :09:19. | |
table. It is Europe's biggest technology show, but what are the | :09:20. | :09:23. | |
big names we have seen so far? Samsung, Sony, a range of American | :09:24. | :09:28. | |
and Chinese companies, but where are the big European names taking a bite | :09:29. | :09:34. | |
out of this market? To be fair, there are plenty of | :09:35. | :09:38. | |
German firms here from Siemens to this Berlin based start-up with a | :09:39. | :09:42. | |
security camera that uses artificial intelligence to distinguish between | :09:43. | :09:46. | |
homeowner and burglar. But overall Europe seems to be lagging behind. | :09:47. | :09:51. | |
Europe remains an important market for technology firms, and from robot | :09:52. | :09:55. | |
vacuum cleaners to a gadget that let's you play with your cat when | :09:56. | :09:58. | |
you are away, there will soon be plenty of new products vying to make | :09:59. | :10:03. | |
your home smarter. Rory Cellan-Jones, BBC News, Berlin. | :10:04. | :10:06. | |
Wonderful new technology. A quick look at the markets, as you can see, | :10:07. | :10:14. | |
stops here are slipping in early Friday trade despite US stocks | :10:15. | :10:17. | |
closing positively overnight, investors basically moving to the | :10:18. | :10:22. | |
sidelines as they await the all-important unemployment data from | :10:23. | :10:25. | |
the US which will be coming out later today. Thank you so much for | :10:26. | :10:29. | |
investing your time with us. I'm Rico Hizon. Sport Today is coming up | :10:30. | :10:31. | |
next. As a second pregnant woman | :10:32. | :10:37. | |
in Singapore is found infected with the Zika virus, | :10:38. | :10:41. | |
the Prime Minister declares | :10:42. | :10:45. |