Browse content similar to 23/10/2017. Check below for episodes and series from the same categories and more!
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Japan's Prime Minister Shinzo Abe declares victory in his | :00:11. | :00:14. | |
He said his imminent task would be to "deal firmly" with North Korea, | :00:15. | :00:18. | |
which would require "strong diplomacy". | :00:19. | :00:22. | |
The US Secretary of State Rex Tillerson has told Iranian backed | :00:23. | :00:25. | |
militias in Iraq to 'go home' now that the fight | :00:26. | :00:27. | |
against the Islamic State group is winding down. | :00:28. | :00:31. | |
Divers have been leaping before before a stunning waterfall. | :00:32. | :00:35. | |
Competitors have been performing acrobatics from heights of up | :00:36. | :00:38. | |
The owners of the most polluting cars will have to pay an extra ten | :00:39. | :01:13. | |
pounds to drive in central London from today. | :01:14. | :01:15. | |
The new T-charge is aimed at reducing the levels of toxic | :01:16. | :01:18. | |
Now on BBC News all the latest business news live from Singapore. | :01:19. | :01:34. | |
The Japanese Prime Minister Shinzo Abe wins a landslide election | :01:35. | :01:39. | |
victory giving him a historic third term in office. And would you eat | :01:40. | :01:45. | |
fruit that is being produced in a lab, find out why some scientists | :01:46. | :01:48. | |
are going bananas in Australia. The votes have been cast and the | :01:49. | :02:03. | |
results are in, the Japanese Prime Minister has been handed a fresh | :02:04. | :02:07. | |
mandate to continue with his programme of economic stimulus. His | :02:08. | :02:12. | |
ruling coalition secured a two thirds parliamentary supermajority | :02:13. | :02:16. | |
which will also give him the ability to push for a revision of Japan's | :02:17. | :02:23. | |
post-war constitution. Earlier we discussed the policy implications of | :02:24. | :02:30. | |
this historic win. It no one seems more likely he will press ahead with | :02:31. | :02:34. | |
the sales tax hike in 2019, he's made it clear in the run-up to the | :02:35. | :02:38. | |
elections and that could deal quite a blow to the economy in 2019. You | :02:39. | :02:46. | |
say that's a blow to the economy, but his attempt to stimulate the | :02:47. | :02:52. | |
economy, his three arrows, fiscal spending, was policy and reform, has | :02:53. | :02:59. | |
he succeeded in those? In fiscal policy he has mostly tightened | :03:00. | :03:03. | |
fiscal policy he's had some success in reducing the budget deficit so | :03:04. | :03:08. | |
that's been a headwind for the economy recovering. But monetary | :03:09. | :03:12. | |
policy has indeed been very supportive, interest rates at record | :03:13. | :03:17. | |
lows, firms are borrowing the most since the early 90s. The one area | :03:18. | :03:22. | |
where there has been not much success is structural reforms. That | :03:23. | :03:25. | |
is what most people had hoped for but we have not really seen much on | :03:26. | :03:31. | |
that front. Let's take a look at how the markets are reacting to this | :03:32. | :03:37. | |
win. The Japanese yen already reacting somewhat against the | :03:38. | :03:46. | |
dollar, weekend as much as 0.4%. Now it looks like electric car maker | :03:47. | :03:49. | |
Tesla could be close to reaching a deal to set up a factory in China | :03:50. | :03:54. | |
but there are some major hopes they will have to jump through before | :03:55. | :03:58. | |
they can make it happen, for more on that story Monica joins us live in | :03:59. | :04:05. | |
the studio, grade a bigger move? It could be a real game changer. | :04:06. | :04:09. | |
Earlier this year of did say they were in talks with the Shanghai | :04:10. | :04:13. | |
municipal government to build their own factory and now the Wall Street | :04:14. | :04:16. | |
Journal is reporting today that this plan may actually go ahead and be | :04:17. | :04:22. | |
put in place by the end of the year. This is uncharted territory for any | :04:23. | :04:26. | |
foreign car-maker in China, the way the regulations stand at this point, | :04:27. | :04:30. | |
they can really do this on their own, they had to set up a joint | :04:31. | :04:34. | |
venture with the domestic auto maker to make cars on the mainland. What | :04:35. | :04:39. | |
that means essentially is a company like Tesla have to give half of | :04:40. | :04:44. | |
their profits to this other company and potentially have to give | :04:45. | :04:47. | |
intellectual property which is something Tesla really wants to hold | :04:48. | :04:54. | |
onto. There is also the issue of cost, buying a foreign car in China | :04:55. | :04:58. | |
is massively expensive, there is a 25% tariff on imports. If you want | :04:59. | :05:04. | |
to buy a Tesla it's roughly 20% more in China than the US. China are | :05:05. | :05:08. | |
trying to get more hybrid and green cars on the road so they have free | :05:09. | :05:15. | |
enterprise system, free trade zone that Tesla can build this back | :05:16. | :05:20. | |
today. They will still had to pay the 25% tariff but the production | :05:21. | :05:25. | |
costs will be cheaper. All right, hopefully people go and buy them | :05:26. | :05:29. | |
then. Now is the year-end holiday season inches closer many people are | :05:30. | :05:34. | |
already booking flights and travel accommodation and its increasingly | :05:35. | :05:39. | |
being done online. In fact Asia's digital travel market is forecast to | :05:40. | :05:43. | |
overtake North America as the world business this year. That trend | :05:44. | :05:48. | |
benefiting companies such as Edinburgh-based search websites guys | :05:49. | :05:56. | |
Ghana. We visited the headquarters and met with co-founder Gareth | :05:57. | :06:02. | |
Williams. It started in 2001 with three friends sat down in a London | :06:03. | :06:06. | |
pub and has since grown into one of the industry 's biggest players, I | :06:07. | :06:11. | |
am joined by co-founder Gareth Williams and we have two magnets to | :06:12. | :06:16. | |
pick your brains. You bought last year from was $2 billion, how much | :06:17. | :06:22. | |
has changed since then? In terms of what we do day-to-day not much. We | :06:23. | :06:25. | |
still work on strategy but now we get the chance to learn from an | :06:26. | :06:30. | |
incredible success in China and we are collaborating together on | :06:31. | :06:40. | |
certain projects as well. So many players, how do you continue to | :06:41. | :06:47. | |
stand out and attract customers? We have always focused on trust and | :06:48. | :06:51. | |
providing the best content and the easiest functionality for travellers | :06:52. | :06:56. | |
and as long as we focus on that I am convinced we will keep on growing. | :06:57. | :07:03. | |
Google's alphabet is pushing into the travel space which is making a | :07:04. | :07:16. | |
lot of people worried, are you? Now, we can put the focus on online | :07:17. | :07:25. | |
travel. Are you going to start doing home listings? Absolutely. We want | :07:26. | :07:30. | |
to provide a marketplace which shows all the interesting and useful great | :07:31. | :07:37. | |
value content related to travel. Code is adhered to be the Scottish | :07:38. | :07:46. | |
unicorn? We can provide a hundred more times impact for travellers, we | :07:47. | :07:52. | |
are at the start of something rather than having reached somewhere. If | :07:53. | :08:00. | |
you could head and other tip company which one would be? I think good | :08:01. | :08:09. | |
reads, I love that website. Thank you so much for joining us. China | :08:10. | :08:20. | |
has lifted a ban on imports of mould ripened cheese the move follows | :08:21. | :08:27. | |
meetings between the European Commission and Chinese food safety | :08:28. | :08:31. | |
officials and EU China delegation said over the weekend trade would be | :08:32. | :08:35. | |
allowed to resume immediately. Joe Marler imported more than $400 | :08:36. | :08:40. | |
billion worth of cheese last year. Continuing the theme it's a | :08:41. | :08:44. | |
multi-billion dollar industry under threat from a disease slowly | :08:45. | :08:47. | |
spreading around the world, banana producers here in Asia and Africa | :08:48. | :08:52. | |
and Australia have been hit by Panama disease, a fungus which can | :08:53. | :08:57. | |
live in soil for decades. The first series by design we met a team of | :08:58. | :09:03. | |
scientists in Queensland two are on a quest to design a genetically | :09:04. | :09:05. | |
modified banana. We brought the first infected farm | :09:06. | :09:42. | |
and we bought it for four and a half million dollars, shut it down and it | :09:43. | :09:46. | |
was a successful containment, we phoned the disease early. Contain, | :09:47. | :09:52. | |
contain, contained so we had time for new varieties to be developed. | :09:53. | :10:21. | |
Genes are taken from these well banana plants and added into the | :10:22. | :10:27. | |
everyday variety most of us are familiar with, the goal is to make | :10:28. | :10:31. | |
them disease resistant. Some fear consumers will be happy to eat GM | :10:32. | :11:31. | |
here's a look to the rest of the week, we will of course be looking | :11:32. | :11:37. | |
to this Monday when the Singapore Prime Minister will need Donald | :11:38. | :11:40. | |
Trump at the White House and trade will be at the top of the agenda. | :11:41. | :11:46. | |
And that's it for this edition. Thank you for watching. | :11:47. | :11:57. |