0:00:02 > 0:00:18Now on BBC News all the latest business news live from Singapore.
0:00:18 > 0:00:23No dancing around the issue. Over a dozen deals are struck by the US
0:00:23 > 0:00:27President Donald Trump on his first day in China and there are more to
0:00:27 > 0:00:33come. A sea of plastic as the climate conference gets under way we
0:00:33 > 0:00:44explore the world's growing waste problem. It's Thursday. Good
0:00:44 > 0:00:48morning, Asia and hello, world. Thank you for joining us for another
0:00:48 > 0:00:53edition of Asia Business Report that it would start with Donald Trump as
0:00:53 > 0:00:57he continues his visit to China today. Already his business
0:00:57 > 0:01:03delegation has sealed 90 deals worth 9 billion US dollars. The hard work
0:01:03 > 0:01:08is just beginning. On the campaign trail he was highly critical of
0:01:08 > 0:01:12China and its trade surplus with the US. There are concerns over
0:01:12 > 0:01:18intellectual property and market access for US companies. Earlier I
0:01:18 > 0:01:20spoke with somebody from Fidelity International. I asked if there
0:01:20 > 0:01:26would be progress at the meeting.It is a start. If we look back in at
0:01:26 > 0:01:33April when Xi Jinping visited Trump there was a deal. Not much progress
0:01:33 > 0:01:37has been made so perhaps they will be looking at US agricultural
0:01:37 > 0:01:42products into China as well as access to financial markets.In the
0:01:42 > 0:01:48last two trips to Japan and South Korea he has been calling for a
0:01:48 > 0:01:52fair, balanced and reciprocal trade. Is that possible with the Chinese?I
0:01:52 > 0:01:57would not write it off at this point in time. When we look at what the
0:01:57 > 0:02:01Chinese are looking for, they want to open up their more. They want to
0:02:01 > 0:02:05increase US products into China itself. You will probably come away
0:02:05 > 0:02:09from this trip with more success than anything else.So after this
0:02:09 > 0:02:15trip he will not call trade deals with the major Asian economies are
0:02:15 > 0:02:23horrible?The relationship, the bilateral agreement between the US
0:02:23 > 0:02:28and China has improved.It is less of a risk. Could still be a
0:02:28 > 0:02:33contentious issue and sector between the Americans and the Chinese?
0:02:33 > 0:02:36Things take time so perhaps investors may be a little impatient
0:02:36 > 0:02:40with the speed of deals done or trade or accessed. That is one thing
0:02:40 > 0:02:45to be mindful of. On the other side of the coin, imagine all that
0:02:45 > 0:02:50capital in China. That capital needs a home and we have seen that in
0:02:50 > 0:02:53terms of flows into the Hong Kong stock market this year. You could
0:02:53 > 0:03:02start seeing more agreements with in other markets.There seems to be an
0:03:02 > 0:03:08issue on financial accessed. Why do you think is China dragging its feet
0:03:08 > 0:03:13in allowing US unfettered financial accessed to its markets?It is part
0:03:13 > 0:03:17of the opening up story. It is clear from what President Xi Jinping has
0:03:17 > 0:03:21been talking about, the Chinese want woken up the capital markets and
0:03:21 > 0:03:26that is why we are seeing things like Bond connect. But these things
0:03:26 > 0:03:29take time. Investors need to be patient. We see the market as a
0:03:29 > 0:03:31whole evolve
0:03:31 > 0:03:33patient. We see the market as a whole evolve in the Chinese want to
0:03:33 > 0:03:40have US involvement.In other business news, former executives of
0:03:40 > 0:03:44Yahoo! And at the facts have apologised at a hearing in
0:03:44 > 0:03:49Washington for massive data breaches that impacted millions of users. But
0:03:49 > 0:03:53some people say it is too little too late. They are now looking at
0:03:53 > 0:04:00increased regulations. Imagine a position.They are at the Senate,
0:04:00 > 0:04:04they are facing a growing for some of them. This is not the first time
0:04:04 > 0:04:09they have faced a grilling for their performance after the hack was made
0:04:09 > 0:04:13public. There is not much that they could say and this is why you heard
0:04:13 > 0:04:18a lot of apologies from both Yahoo and Equifax. Both companies said
0:04:18 > 0:04:22that, look, we worked with law enforcement officials when we first
0:04:22 > 0:04:26learned of these hacks. We will continue to do so. In fact, the
0:04:26 > 0:04:35former head of Equifax had said, look, I think there needs to be some
0:04:35 > 0:04:38more cooperation between public and private in terms of trying to secure
0:04:38 > 0:04:42people's data.
0:04:42 > 0:04:45From iPhones to our television production, Apple has acquired the
0:04:45 > 0:04:50rights to a new drama series as the tech giant competes with Amazon and
0:04:50 > 0:04:54collude in their ambition to take over Hollywood. For more on this
0:04:54 > 0:05:00story were joined by Monica. They are awash in cash and they can
0:05:00 > 0:05:05purchase whatever they want.Yes. Including a television show with
0:05:05 > 0:05:08Jennifer Aniston and Reese Witherspoon. They have committed to
0:05:08 > 0:05:14do series of this unnamed drama series that will be about American
0:05:14 > 0:05:20morning television. At this point, a spokeswoman says they are looking to
0:05:20 > 0:05:23bring in another big name, Steven Spielberg. They want to reboot his
0:05:23 > 0:05:291980s sci-fi series. What we do not know is when the series will get on
0:05:29 > 0:05:32the air or how viewers will watch them. They have the hardware for
0:05:32 > 0:05:37iTunes where you can purchase it but we wonder if there will be a
0:05:37 > 0:05:41platform. They have a long way to go to catch up with the streaming
0:05:41 > 0:05:47networks. They have competitors such as Amazon, Netflix as well as Lulu
0:05:47 > 0:05:50which already... They are deeply entrenched in Hollywood at this
0:05:50 > 0:05:56point. Hopefully these are a list names will help them make up for
0:05:56 > 0:06:06lost time.Thank you for the update. The United Nations climate change
0:06:06 > 0:06:09talks kick off in Germany. Aside from reducing carbon emissions
0:06:09 > 0:06:16another majored in -- major talking point -- point has been the rising
0:06:16 > 0:06:20amount of traffic pollution. These photos went viral after showing
0:06:20 > 0:06:24severe pollution in a Caribbean island. Asia is a major contributor
0:06:24 > 0:06:32of elastic Ocean rubbish. Earlier I spoke to Richard Cook, a consultant.
0:06:32 > 0:06:35I asked him how Asian consumers are responding to the issue.Consumers
0:06:35 > 0:06:42can play a role. If you go around the region people are beginning to
0:06:42 > 0:06:46ban certain objects and this is a motive for consumers. They can see
0:06:46 > 0:06:50this degree around and is to breed is branded by the companies who are
0:06:50 > 0:06:54producing it as well and that is the problem. Groups by Greenpeace are
0:06:54 > 0:07:06lobbying these brands.Are consumers willing to pay a premium for
0:07:06 > 0:07:10environmentally friendly groups? Chinese consumers are willing to pay
0:07:10 > 0:07:16a premium for these goods. When it comes to countries like Indonesia,
0:07:16 > 0:07:19Thailand, around half say they would like to see more eco- friendly
0:07:19 > 0:07:24packaging. I think this is starting to move into the mainstream. What we
0:07:24 > 0:07:30see now are players like Procter & Gamble putting Ocean market on the
0:07:30 > 0:07:34market in terms of recycled ocean plastic products. We are seeing this
0:07:34 > 0:07:40in mainstream consumer goods. And we think this will become the new
0:07:40 > 0:07:43normal, what consumers expect brands to be doing.
0:07:43 > 0:07:48How would you like to own a slice of Scotland that would grant you the
0:07:48 > 0:08:02title of Lord or Lady? The idea behind a high land titles group. I
0:08:02 > 0:08:09caught up with the spokesman to find out more.We are in two nature 's
0:08:09 > 0:08:13reserves in the Highlands of Scotland is. The way that we fund
0:08:13 > 0:08:19and maintain these nature reserves is by raising funds by letting
0:08:19 > 0:08:23people purchase and acquire the Rome one square-foot plot on the reserve.
0:08:23 > 0:08:28It is a souvenir plot and because you own land in Scotland, you can
0:08:28 > 0:08:34adopt the title of lead. And lead translates as Lord or Lady. Is the
0:08:34 > 0:08:38way that we fund it is by selling one square-foot of land.And what is
0:08:38 > 0:08:42the money used for?Because towards the conservation of the land. We
0:08:42 > 0:08:50replant native Scottish trees. We have a one acre loch there which is
0:08:50 > 0:08:59brought a lot of life back. The title is a courtesy title. So today
0:08:59 > 0:09:04I have presented to you your very own one square-foot plot.Lord Rico
0:09:04 > 0:09:10Hizon. I will accept that title. Unfortunately I cannot accept gifts.
0:09:10 > 0:09:17I cannot accept land.We will sort that out later.Please accept your
0:09:17 > 0:09:22very own title. Thank you very much. How many people now have been given
0:09:22 > 0:09:27the title of Lord or Lady?We think around about 100,000 all around the
0:09:27 > 0:09:33world.So I will share this title with 100,000 other people?If you
0:09:33 > 0:09:36think about crowd funding and how people crowd fund various projects,
0:09:36 > 0:09:44this is a way of crowd funding. Highland titles has never sourced
0:09:44 > 0:09:51funding from the local council. Win a lot of Asian people come to
0:09:51 > 0:09:56Scotland as tourists and I don't think they know about this. This is
0:09:56 > 0:10:00a fun and unique gift as much as anything else. The way you reacted
0:10:00 > 0:10:07just now...Am I a Lord of Glencoe or a Lord all over the world?You
0:10:07 > 0:10:12are Lord of Glencoe. That is the region where the land is. It is a
0:10:12 > 0:10:16courtesy title. You will not be able to come to London and get access to
0:10:16 > 0:10:21the House of Lords and change the law.Lord Rico Hizon. It sounds
0:10:21 > 0:10:29good. And before we go, a quick look at the markets in Asia. We are
0:10:29 > 0:10:39currently in positive territory. Thank you for watching.