31/01/2017

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:00:00. > :00:18.Now on BBC News all the latest business news live from Singapore

:00:19. > :00:27.Decision day for the bank of Japan. We hear from the business is

:00:28. > :00:36.speaking up against the new US travel ban.

:00:37. > :00:45.Good morning Asia, hello, world. Glad you could join us. In a few

:00:46. > :00:50.hours time, the governor of the bank of Japan, the central bank, will be

:00:51. > :00:55.revealing its next monetary move. Since the all directions of Donald

:00:56. > :01:03.Trump the yen has been strengthening and how much will Japan be impacted

:01:04. > :01:09.by Trump's policies is unclear. The BOJ and massive bond buying

:01:10. > :01:18.programme largely considered to have faded. What else can the BOJ do to

:01:19. > :01:25.start the economy? We are seeing interest rates are ready at miners.

:01:26. > :01:29.Banks buying government bonds and a sustainable base. There is nothing

:01:30. > :01:36.they can do more to stimulate the economy. What about changing their

:01:37. > :01:43.long-term interest rates charges? They could implement this today. It

:01:44. > :01:54.might need to raise their long-term policy rate target, from 0.0 two

:01:55. > :02:06.0.1. In order to keep the interest rates low the bank of Japan will

:02:07. > :02:13.have to keep buying JDBC I think the Japanese government needs to avoid

:02:14. > :02:24.that to avoid accusations that the Japanese government is monetising

:02:25. > :02:32.its position. High interest rates should mean the yen appreciate. But

:02:33. > :02:38.it has depreciated significantly in the second half of 2016 especially

:02:39. > :02:45.after President Trump came on board. I think Japan can let the yen

:02:46. > :02:52.appreciate a little more. What is the threat right now- the flawed

:02:53. > :02:59.policies or tough rhetoric from Mr Trump? Type trade rhetoric is a

:03:00. > :03:09.threat but it is not particularly significant. Japan is no longer the

:03:10. > :03:16.world 's trade surplus country. It is less than one quarter of what

:03:17. > :03:20.China has against the US so I do not think trade policy is that much of a

:03:21. > :03:28.huge issue. It right be a huge issue for particular companies are not for

:03:29. > :03:33.the government. What are the key fact is to watchword in tender

:03:34. > :03:41.unveils its results after the bell today? -- Nintendo. It owes revenues

:03:42. > :03:49.outside of Japan in the majority. Switch the new Consul will be coming

:03:50. > :03:56.out this month. Sony has fallen as much as a third of a percent. Its

:03:57. > :04:02.outlook for profits on DVDs and Blu-ray discs... It has put an

:04:03. > :04:07.imperative charge of $1 billion on its movie segment. His best leaders

:04:08. > :04:14.have been speaking up against the temporary travel ban which affects

:04:15. > :04:20.seven mainly Muslim countries. An asylum boss has tweeted that he was

:04:21. > :04:28.sad to see what was happening in the United States. -- Amazon. He

:04:29. > :04:36.announced free international calls from all countries banned. It will

:04:37. > :04:41.be hard to high-end for and talents now in America.

:04:42. > :04:48.Passengers arriving at San Francisco International airport have been

:04:49. > :04:52.given a here as well come doing something just a week ago was

:04:53. > :04:57.nothing out of the ordinary. Eppleton become focal points of

:04:58. > :05:07.protests over President Trump's immigration policies. As public

:05:08. > :05:13.opinion began to swell, Google began the wave of big tech companies

:05:14. > :05:17.lashing out at the order. It is painful to see the personal cost,

:05:18. > :05:28.adding that more than 100 of his staff were directly affected. Other

:05:29. > :05:33.companies chimed in. The shock here is the speed at which President

:05:34. > :05:41.Trump's policies have impacted business. A policy that is passed

:05:42. > :05:45.has had impact but it is not super immediate. It may be felt a year

:05:46. > :05:49.later or something like that but this is something where people are

:05:50. > :05:54.being stopped at the airport now. When the engineers arrived in

:05:55. > :06:01.silicon valley this is where they start. Message from the tech giants

:06:02. > :06:07.are that people are still needed. We bring talent from everywhere. It

:06:08. > :06:18.would be disastrous to our economy to stop that. On Friday tech bosses

:06:19. > :06:23.including Tesla chief executive a meeting with President Trump. A

:06:24. > :06:28.chance to raise concerns in person. In the meantime, tech companies and

:06:29. > :06:30.other wealthy individuals here have pledged millions of dollars in

:06:31. > :06:35.funding for organisations fighting back against President Trump's most

:06:36. > :06:45.impactful decision so far. The main message to businesses from

:06:46. > :06:51.President Trump is to manufacture in America and hire more Americans. How

:06:52. > :06:56.will that affect Asian markets? Would put a question to a

:06:57. > :07:01.recruitment company. Our government leaders have their hands full with

:07:02. > :07:11.what is happening in the US of late. I think the good thing is we have a

:07:12. > :07:19.call strong axiom community -- are a share in community. If I was on the

:07:20. > :07:24.market for a job where would you suggest I look for one and which

:07:25. > :07:26.sector? I would hope you are equipped with technology and skill

:07:27. > :07:34.sets because technology will dominate this industry in the next

:07:35. > :07:43.few years. The world is taken over by the digital revolution and the

:07:44. > :07:51.newspapers are hit by all these tech start-ups, cybersecurity is,

:07:52. > :07:58.digital, no longer is it a vertical industry it is now in faded into

:07:59. > :08:08.every industry. Tech is a topic in every conversation. In other

:08:09. > :08:12.business news: Deutsche Bank has agreed to pay over $400 million to

:08:13. > :08:17.New York's banking regulator because of a scheme involving clients buying

:08:18. > :08:23.stocks in Moscow before sending them through the banks London branch.

:08:24. > :08:31.Regulator said $10 million was moved out of Russia between 2011 and 2015.

:08:32. > :08:42.Indonesia wants to get in on the financial technology industry. The

:08:43. > :08:48.latest buzzword among entrepreneurs. One of the biggest financial

:08:49. > :08:54.institutions back Central Asia has pledged to invest $50 million in

:08:55. > :09:01.start-up companies. The $50 million put into the tech start-ups

:09:02. > :09:09.basically aims to make a financial services system for BCA that

:09:10. > :09:14.eventually will help customers. Right now $50 million is considered

:09:15. > :09:24.a really small to actually boost austere growth in Indonesia but this

:09:25. > :09:31.is just an initial investment because they are still testing the

:09:32. > :09:35.waters and seeing how this may play in the future because there are some

:09:36. > :09:40.concerns that customers have not placed their trust in technology

:09:41. > :09:47.based financial services in Indonesia because for e-commerce it

:09:48. > :09:56.took about 50 years to finally take off in Indonesia. -- 15 years. It

:09:57. > :10:05.has recently taken off really well so BCA will have to wait and see how

:10:06. > :10:12.it goes in Indonesia but if he plays well then they are optimistic they

:10:13. > :10:19.will inject more capital into this start-ups in Indonesia. A quick look

:10:20. > :10:25.at the markets, as you can see they are all in negative territory. This

:10:26. > :10:34.is after President Trump's travel banks. Those are the markets. In Q4

:10:35. > :10:44.investing your time with us. Sport is coming up next. -- thank you. You

:10:45. > :10:45.are watching BBC News. Leaders of the devolved