:00:00. > :00:13.Now on BBC News all the latest business news live from Singapore.
:00:14. > :00:28.Charged with bribery and in person, what is next for Samsung's Acura
:00:29. > :00:39.three Bass we find out about Berri Speirs can deliver a crispy cream!
:00:40. > :00:49.Hello and welcome. Arrested, handcuffed and in jail, the heir to
:00:50. > :00:54.the South Korean big business has been charged with bribery and
:00:55. > :00:58.embezzlement. Lee Jae-yong is accused of paying nearly $40 million
:00:59. > :01:03.in bribes were confident of President Park Geun-hye in return
:01:04. > :01:10.for political favours. For other Samsung executives face charges as
:01:11. > :01:17.well. What we now have got is 17 people formally and dieted, formally
:01:18. > :01:24.accused of serious crime by the prosecutor, including the top man in
:01:25. > :01:31.Samsung. That is a serious business. If when he goes to trial he is found
:01:32. > :01:36.guilty, he could be sentenced to something like 20 years in jail. I
:01:37. > :01:46.have to say, these are allegations, unproven allegations, and all the
:01:47. > :01:52.people involved including the lead. But it is a serious business. A
:01:53. > :01:57.daughter, the daughter of the friend of the President received favourable
:01:58. > :02:04.treatment in university, for example. Not from Samsung but the
:02:05. > :02:12.university. But the note of this is an allegation that JY Lee met the
:02:13. > :02:16.president of this country one on one, just the two of them, and they
:02:17. > :02:25.agreed that if Samsung pay nearly $40 million to a friend... Affirm of
:02:26. > :02:32.a friend of the President, the weight of the fund would go behind a
:02:33. > :02:38.merger of some sank which would help the ruling family. The prosecutor
:02:39. > :02:46.has put some pretty eye watering figures on this. The prosecutor
:02:47. > :02:51.alleges that this deal benefited shareholders in Samsung to the tune
:02:52. > :03:01.of 700 million dollars so we are talking big bananas. Investors in
:03:02. > :03:05.the US and around the world have had a chicory start to the week. Looking
:03:06. > :03:15.ahead to the key speech by Donald Trump in just about half an hour or
:03:16. > :03:20.so. So what can we expect? This is a real chance for President Trump to
:03:21. > :03:23.speak directly to the American people and with regards to what we
:03:24. > :03:28.are going to hear about the economy, we are expected to hear a lot of the
:03:29. > :03:34.same priorities we heard in the Shafiq from the President. --
:03:35. > :03:39.initially. That he wants to bring jobs back and make America great
:03:40. > :03:45.again. If people are looking for specifics, we are not expecting to
:03:46. > :03:52.hear too many but he will highlight the priorities for the
:03:53. > :03:57.administration- the repeal of the Obamacare, he will also be talking
:03:58. > :04:04.about infrastructure spending deal and the importance of trying to get
:04:05. > :04:07.America's roads and bridges fixed. When you look at the working
:04:08. > :04:13.relationship between President Trump and Congress and the budgetary
:04:14. > :04:22.priorities he is setting forth, it may be a tough ride going forward.
:04:23. > :04:26.The latest economic figures from Australia so the economy has
:04:27. > :04:33.returned to growth after contracting last quarter growing at 2.2% and
:04:34. > :04:40.1.1% for the quarter. It extends the 25 year run without a recession.
:04:41. > :04:45.Speaking of economic growth in India, figures have defied
:04:46. > :04:52.expectations as well. The GDP grew at 7% for the last quarter despite
:04:53. > :04:56.the negative effect to remove the country 's biggest bank notes from
:04:57. > :05:00.circulation. It is down slightly from the previous quarter but India
:05:01. > :05:06.is still the world 's fastest growing economy. Known as a popular
:05:07. > :05:12.in many parts of Asia but they have not made a big impact in Hong Kong.
:05:13. > :05:18.Crispy cream tried to take a bite out of the market but they failed
:05:19. > :05:25.and now a new wave of day makers are confident they have a winning
:05:26. > :05:30.recipe. At the buttery factories some of the top sellers are custard
:05:31. > :05:37.tart and even bacon and maple syrup. Which comes with a squirt it you
:05:38. > :05:45.will self syringe. Diana the key is photogenic. People like unusual
:05:46. > :05:54.Fages. They like to take a picture before they eat it. -- unusual
:05:55. > :06:01.flavours. How about an covered Jackie Cheung. Trendy flavours and
:06:02. > :06:09.trendy names have helped the company expand across the region. The
:06:10. > :06:13.franchise has nearly 300 stores across Asia. Its latest target Hong
:06:14. > :06:23.Kong when it is selling thousands of doughnuts every day. Hong Kong is
:06:24. > :06:29.accessed with eating, consumers bought more than $500 million worth
:06:30. > :06:40.of goods. But bigger than a Brandt have failed before. US chain, Kristy
:06:41. > :06:47.Kreme only lasted two years here. Laws make it difficult for foreign
:06:48. > :06:53.food companies to succeed here. Also they need to adapt to the local
:06:54. > :07:04.palate. They do not generally like very sweet desserts. Either fruit or
:07:05. > :07:12.nut based. It is confident they can do well in Hong Kong. We did
:07:13. > :07:19.sampling cert we made sure what people wanted, may be less sweet,
:07:20. > :07:23.more strong coffee flavour so we did a few adjustments. Tasty and
:07:24. > :07:29.Instagram weren't there, do not store is will need to stay creative
:07:30. > :07:37.to keep customers hungry for more. From doughnuts to the mentored
:07:38. > :07:44.reality game Pokemon Go - do not say we do not bring it the fun stories!
:07:45. > :07:52.People around the world essentially chaste character is like these are
:07:53. > :08:01.overlaid in surrounding but can the company maintain its success. We
:08:02. > :08:05.spoke to the man behind Pokemon Go. Last summer and extra green craze
:08:06. > :08:09.swept around the world which saw lots of people out with their mobile
:08:10. > :08:14.phones hunting for Pokemon. It has faded a little since then that there
:08:15. > :08:20.are still Pokemon to be found out and about here at the Barcelona
:08:21. > :08:24.mobile world congress and I found the inventor of the game, and who
:08:25. > :08:31.has changed views of augmented reality. Did you have any concept of
:08:32. > :08:37.how big the game was going to be when it launched? I wish I could
:08:38. > :08:44.have rejected that. Obviously not, it was a huge surprise. We spent a
:08:45. > :08:51.long time looking at the service going haywire. It was hard for us
:08:52. > :08:56.just to keep the system operating. In San Francisco there was a 9000
:08:57. > :09:06.person spontaneous Packer man event so it was a very surreal stock --
:09:07. > :09:11.Pokemon. Has faded? It exploded on social media, it had a life of its
:09:12. > :09:16.own and now it has become a successful product but not at that
:09:17. > :09:24.level of frenzy. It is one of the most used mobile apps out there
:09:25. > :09:34.still. Are you betting that dented reality is going to be a more
:09:35. > :09:40.profitable? V our is much more of a cinema like experience, cutting
:09:41. > :09:49.yourself off from the world. -- virtual reality. It is for a fine it
:09:50. > :09:53.period of time. But with augmented reality you have it all day long.
:09:54. > :10:05.You can do more things, more convenient. To you still play the
:10:06. > :10:13.game yourself? I did caption one earlier. I was out with my son, he
:10:14. > :10:17.is ten years old, and we were out capturing together in the park. It
:10:18. > :10:26.is a great thing to do with your family. A very quick look at the
:10:27. > :10:32.markets before we go... The BK is up considerably ahead of the crucial
:10:33. > :10:33.speech from Donald Trump. Thanks for watching. --