31/01/2017 Asia Business Report

Now on BBC News all the latest business news live from Singapore

Decision day for the bank of Japan. We hear from the business is

speaking up against the new US travel ban.

Good morning Asia, hello, world. Glad you could join us. In a few

hours time, the governor of the bank of Japan, the central bank, will be

revealing its next monetary move. Since the all directions of Donald

Trump the yen has been strengthening and how much will Japan be impacted

by Trump's policies is unclear. The BOJ and massive bond buying

programme largely considered to have faded. What else can the BOJ do to

start the economy? We are seeing interest rates are ready at miners.

Banks buying government bonds and a sustainable base. There is nothing

they can do more to stimulate the economy. What about changing their

long-term interest rates charges? They could implement this today. It

might need to raise their long-term policy rate target, from 0.0 two

0.1. In order to keep the interest rates low the bank of Japan will

have to keep buying JDBC I think the Japanese government needs to avoid

that to avoid accusations that the Japanese government is monetising

its position. High interest rates should mean the yen appreciate. But

it has depreciated significantly in the second half of 2016 especially

after President Trump came on board. I think Japan can let the yen

appreciate a little more. What is the threat right now- the flawed

policies or tough rhetoric from Mr Trump? Type trade rhetoric is a

threat but it is not particularly significant. Japan is no longer the

world 's trade surplus country. It is less than one quarter of what

China has against the US so I do not think trade policy is that much of a

huge issue. It right be a huge issue for particular companies are not for

the government. What are the key fact is to watchword in tender

unveils its results after the bell today? -- Nintendo. It owes revenues

outside of Japan in the majority. Switch the new Consul will be coming

out this month. Sony has fallen as much as a third of a percent. Its

outlook for profits on DVDs and Blu-ray discs... It has put an

imperative charge of $1 billion on its movie segment. His best leaders

have been speaking up against the temporary travel ban which affects

seven mainly Muslim countries. An asylum boss has tweeted that he was

sad to see what was happening in the United States. -- Amazon. He

announced free international calls from all countries banned. It will

be hard to high-end for and talents now in America.

Passengers arriving at San Francisco International airport have been

given a here as well come doing something just a week ago was

nothing out of the ordinary. Eppleton become focal points of

protests over President Trump's immigration policies. As public

opinion began to swell, Google began the wave of big tech companies

lashing out at the order. It is painful to see the personal cost,

adding that more than 100 of his staff were directly affected. Other

companies chimed in. The shock here is the speed at which President

Trump's policies have impacted business. A policy that is passed

has had impact but it is not super immediate. It may be felt a year

later or something like that but this is something where people are

being stopped at the airport now. When the engineers arrived in

silicon valley this is where they start. Message from the tech giants

are that people are still needed. We bring talent from everywhere. It

would be disastrous to our economy to stop that. On Friday tech bosses

including Tesla chief executive a meeting with President Trump. A

chance to raise concerns in person. In the meantime, tech companies and

other wealthy individuals here have pledged millions of dollars in

funding for organisations fighting back against President Trump's most

impactful decision so far. The main message to businesses from

President Trump is to manufacture in America and hire more Americans. How

will that affect Asian markets? Would put a question to a

recruitment company. Our government leaders have their hands full with

what is happening in the US of late. I think the good thing is we have a

call strong axiom community -- are a share in community. If I was on the

market for a job where would you suggest I look for one and which

sector? I would hope you are equipped with technology and skill

sets because technology will dominate this industry in the next

few years. The world is taken over by the digital revolution and the

newspapers are hit by all these tech start-ups, cybersecurity is,

digital, no longer is it a vertical industry it is now in faded into

every industry. Tech is a topic in every conversation. In other

business news: Deutsche Bank has agreed to pay over $400 million to

New York's banking regulator because of a scheme involving clients buying

stocks in Moscow before sending them through the banks London branch.

Regulator said $10 million was moved out of Russia between 2011 and 2015.

Indonesia wants to get in on the financial technology industry. The

latest buzzword among entrepreneurs. One of the biggest financial

institutions back Central Asia has pledged to invest $50 million in

start-up companies. The $50 million put into the tech start-ups

basically aims to make a financial services system for BCA that

eventually will help customers. Right now $50 million is considered

a really small to actually boost austere growth in Indonesia but this

is just an initial investment because they are still testing the

waters and seeing how this may play in the future because there are some

concerns that customers have not placed their trust in technology

based financial services in Indonesia because for e-commerce it

took about 50 years to finally take off in Indonesia. -- 15 years. It

has recently taken off really well so BCA will have to wait and see how

it goes in Indonesia but if he plays well then they are optimistic they

will inject more capital into this start-ups in Indonesia. A quick look

at the markets, as you can see they are all in negative territory. This

is after President Trump's travel banks. Those are the markets. In Q4

investing your time with us. Sport is coming up next. -- thank you. You

are watching BBC News. Leaders of the devolved