Browse content similar to 30/10/2017. Check below for episodes and series from the same categories and more!
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from sexual harassment. | 0:00:00 | 0:00:05 | |
Now on BBC News all the latest
business news live from Singapore. | 0:00:05 | 0:00:15 | |
New leadership of the US Central
Bank. Who will take on the top job | 0:00:16 | 0:00:21 | |
when Janet Yellen's term ends in
February? And one start-up is | 0:00:21 | 0:00:27 | |
putting a twist on prefab compact
homes by adding a designer touch. | 0:00:27 | 0:00:36 | |
Good morning, Asia. Hello, world.
Glad you could join us. Hope you had | 0:00:36 | 0:00:43 | |
a great weekend. We start in the US
and the chance is President Donald | 0:00:43 | 0:00:48 | |
Trump will reappoint -- the chances
of Donald Trump reappointing Janet | 0:00:48 | 0:00:54 | |
Yellen are looking slim. The
commander-in-chief is looking for a | 0:00:54 | 0:00:57 | |
replacement. We take a look at the
front-runners. | 0:00:57 | 0:01:07 | |
Don't expect presidential level
political campaigning. The decision | 0:01:07 | 0:01:10 | |
on becomes who is the next bed
share. Who is in the running? Status | 0:01:10 | 0:01:19 | |
quo is the easiest thing to do. Keep
Janet Yellen in the post. But she | 0:01:19 | 0:01:27 | |
has disagreed with the President on
rolling back banking rules after the | 0:01:27 | 0:01:32 | |
financial crisis. Then there is Eric
Kohn, the head of the president's | 0:01:32 | 0:01:41 | |
National Economic Council. But their
relationship went south after he | 0:01:41 | 0:01:46 | |
disagreed with President from's
reaction to the violence in | 0:01:46 | 0:01:53 | |
Charlottesville. John Taylor is a
Stanford economist and always on the | 0:01:53 | 0:01:56 | |
Republican list of potential Federal
Reserve chairs but never gets the | 0:01:56 | 0:02:02 | |
job. But markets might have a
complete freak out. He is a Hawk who | 0:02:02 | 0:02:07 | |
thinks interest rates should be much
higher despite lower inflation. | 0:02:07 | 0:02:11 | |
Girard Powell is a Republican,
current member of the board with | 0:02:11 | 0:02:16 | |
private sector experience but he has
voted in favour of post financial | 0:02:16 | 0:02:20 | |
crisis rules that the President
wants to roll back. And then there | 0:02:20 | 0:02:30 | |
is Kevin Warsh. He has been on the
board for a decade but may want to | 0:02:30 | 0:02:34 | |
see interest rates go up faster and
he was wrong about the risks of high | 0:02:34 | 0:02:38 | |
inflation would have fared's
accommodative monetary policy. | 0:02:38 | 0:02:42 | |
Whoever gets tapped will have a
tough job ahead, steering the | 0:02:42 | 0:02:47 | |
American economy of historic low
interest rates without sinking the | 0:02:47 | 0:02:50 | |
recovery. | 0:02:50 | 0:02:57 | |
Shares of Kobe Steel have pushed
higher, the third-largest steelmaker | 0:02:57 | 0:03:01 | |
in Japan under a cloud of
controversy after admitting to | 0:03:01 | 0:03:05 | |
falsifying dart on a range of
products. Will these earnings be | 0:03:05 | 0:03:09 | |
affected by the scandal? We are
expecting the first half result in | 0:03:09 | 0:03:15 | |
about five hours from now but they
have said they can't determine what | 0:03:15 | 0:03:20 | |
impact this scandal will have on the
bottomline. Kobe Steel forecast a | 0:03:20 | 0:03:27 | |
profit for the year ending March
2018 after two successive years of | 0:03:27 | 0:03:33 | |
major losses. That might actually
changed now. If you look at this | 0:03:33 | 0:03:39 | |
chart, you will see that making
matters worse is a massive share | 0:03:39 | 0:03:43 | |
price lost. More than a third of its
value since the scandal broke at the | 0:03:43 | 0:03:48 | |
start of year, wiping out nearly $2
billion in value. Shareholders may | 0:03:48 | 0:03:52 | |
agitate with of the raising money to
cover possible damage down the line. | 0:03:52 | 0:03:59 | |
We could see Kobe Steel potentially
sell assets in the future. Many | 0:03:59 | 0:04:05 | |
challenges facing Kobe Steel. Thank
you very much, Leisha Santorelli. | 0:04:05 | 0:04:11 | |
Remaining members of the
Trans-Pacific Partnership a meeting | 0:04:11 | 0:04:13 | |
from today to finalise the trade
pact. New Zealand wants to | 0:04:13 | 0:04:17 | |
renegotiate and the US has pulled
out. Earlier, I spoke to the chief | 0:04:17 | 0:04:21 | |
market strategist for active trader,
Greg McCann. New Zealand was one of | 0:04:21 | 0:04:28 | |
the key countries that got everybody
back to the table after Donald Trump | 0:04:28 | 0:04:33 | |
left -- left but this new
left-leaning government is keen to | 0:04:33 | 0:04:38 | |
negotiate the outlook for property
buyers. New Zealand property prices | 0:04:38 | 0:04:41 | |
have gone up quite a bit and they
are looking to renegotiate that, | 0:04:41 | 0:04:46 | |
looking to renegotiate the RBNZ act.
I genuinely think it is an open | 0:04:46 | 0:04:54 | |
question as to what this government
wants. It's early days. Flatpack or | 0:04:54 | 0:05:03 | |
modular homes have traditionally
been used to build low-cost housing | 0:05:03 | 0:05:09 | |
but one Filipino entrepreneur is
using that prefab technology to | 0:05:09 | 0:05:13 | |
contract -- construct luxury homes.
The company behind this is the first | 0:05:13 | 0:05:22 | |
start-up to have a billion-dollar
valuation as we see in this week | 0:05:22 | 0:05:26 | |
episode of by design. How do you
create a massively different shade | 0:05:26 | 0:05:34 | |
of company that will transform the
way home building is being done? | 0:05:34 | 0:05:48 | |
I thought to myself, imagine serving
a group of people who would now live | 0:05:54 | 0:06:00 | |
in aid designer home for $100,000
US. Such a formidable concept. White | 0:06:00 | 0:06:11 | |
spent clothes with an amazing design
when you can't do that same thing | 0:06:11 | 0:06:16 | |
with the most important purchase of
your life, a home? This is a 1- | 0:06:16 | 0:06:20 | |
bedroom, and we can build it to
dream, 3-bedroom, three bedroom with | 0:06:20 | 0:06:25 | |
parking versions. It shows the
concept of modularity and | 0:06:25 | 0:06:30 | |
flexibility which is extremely
valuable to many. Those who want to | 0:06:30 | 0:06:36 | |
customise their homes. | 0:06:36 | 0:06:39 | |
The homes can be done anywhere from
two months to three months at least. | 0:06:46 | 0:06:52 | |
That is something that is massively
changing the landscape today. | 0:06:52 | 0:06:58 | |
The gaming industry is worth more
than 100 UN dollars globally but the | 0:07:14 | 0:07:20 | |
small developers, it can be a
struggle to get their companies off | 0:07:20 | 0:07:23 | |
the ground. How reporter Jason
McDonald spoke about the new game | 0:07:23 | 0:07:34 | |
Stifled. It's this game, it fine,
I'm not scared Pete -- if you have | 0:07:34 | 0:07:46 | |
the microphone on comedy enemies can
get you. When you make a noise, the | 0:07:46 | 0:07:50 | |
pulse goes out and lights up the
wall like echolocation or sonar. | 0:07:50 | 0:07:57 | |
That is your resort and your tool.
There is always noise which can be | 0:07:57 | 0:08:06 | |
ongoing but I mustn't make too much
noise. Global gaming is a big and | 0:08:06 | 0:08:11 | |
growing market. Do you have any
ambitions to have a mobile version? | 0:08:11 | 0:08:18 | |
Cross, it's not really about the
markets, it is about the game. At | 0:08:18 | 0:08:27 | |
Stifled, it doesn't make a lot of
sense for mobile. It's not | 0:08:27 | 0:08:33 | |
immersive. You don't want people on
the train, there is a lot of noise, | 0:08:33 | 0:08:39 | |
its bright. You cannot put yourself
into the game. You wanted to be | 0:08:39 | 0:08:46 | |
black, dark room, with some
microphone. You can truly hear what | 0:08:46 | 0:08:50 | |
it is. It's important for us as a
studio. We are probably not going to | 0:08:50 | 0:08:56 | |
do mobile. The developers of angry
birds say that they made 50 games | 0:08:56 | 0:09:00 | |
before they had a hit is it fair to
say you have a long way to go? We | 0:09:00 | 0:09:05 | |
are hoping to get lucky. We have
been working on this game for two | 0:09:05 | 0:09:09 | |
years. From our standpoint as a
team, as a studio, we try to make | 0:09:09 | 0:09:13 | |
our game marketable so we started
developing, before we understood | 0:09:13 | 0:09:20 | |
that the visual style is very
unique. The mechanics was | 0:09:20 | 0:09:23 | |
interesting. All those things, they
have up and create a very good | 0:09:23 | 0:09:28 | |
pulse. It makes the game easier to
market and stand out from the clerk | 0:09:28 | 0:09:32 | |
-- the crowd. The skills are here in
Singapore but it's probably more | 0:09:32 | 0:09:37 | |
expensive than some other places.
How is that working out? We have a | 0:09:37 | 0:09:42 | |
small team of right now. We all
graduated from school together and | 0:09:42 | 0:09:49 | |
basically we don't learn a lot,
sometimes we don't pay ourselves but | 0:09:49 | 0:09:53 | |
we are hoping to improve because we
want to make stuff that deserves to | 0:09:53 | 0:09:59 | |
exist and we want people to play. | 0:09:59 | 0:10:04 | |
The creator of Stifled speaking to
Tim McDonald. In the markets, Asia | 0:10:04 | 0:10:08 | |
is off to a quick start. All in
positive territory. The all | 0:10:08 | 0:10:19 | |
ordinaries in positive territory.
This is after the US market power to | 0:10:19 | 0:10:28 | |
fresh record highs following blowout
earnings from Amazon and other | 0:10:28 | 0:10:30 | |
giants. Thank you, goodbye | 0:10:30 | 0:10:32 |