26/01/2018 Asia Business Report

There's been a sharp rise

in the number of serious violent

crimes and sex offences recorded

by police in England and Wales.

US President Donald Trump takes his

America First agenda two Davos. How

will this message be received by the

world's global league? In the Indian

Premier League is set to hold its

biggest ever player auction. We

break down the numbers on the world

's biggest sports auction. Get's

Friday, everyone. Good morning,

Asia. Hello, world. Thank you for

joining us for another edition of

Asia Business Report. Starting in

Davos and Donald Trump has become

the first sitting US president in

almost 20 years to attend the World

Economic Forum. It was a busy first

day for Mr Trump. He met with the UK

Prime Minister were and they

discussed the details of his visit

to Britain later this year. Donald

Trump also hosted a dinner with the

head of the world 's biggest

companies and discussed US economic

policy. The head of one of India's

biggest companies told the BBC that

Mr Trump's America First policy will

be on display at Davos for his voter

base.

He likes talking to

businessmen so he is coming to his

community. I have another point of

view. Is also talking to his bast

race back in America. That base is

probably not very friendly to people

at Davos and I don't think they look

kindly upon these gatherings of the

1%. I was told that he may in fact

come here, talking to his base to

say look, I went and met with Davos

man and told them about America

First.

The boss of Goldman Sachs was

also in attendance. He told the BBC

that US investment banks and their

plans for Brexit are reaching the

point of no return but it is a

sensitive subject.

As a UK national,

I don't know what it would feel

like. I am an American. As a world

citizen, I thought UK was good as

part of Europe. I am sure it was

good both of them. I thought the UK

die mentioned that the UK brought to

Europe improved Europe. With the UK

out, I don't think it is great, in

my view, great for the UK and I

don't think it is great for Europe

either, to be missing that

ingredient. As a citizen of the

world, in my view, and if I may

indulge in some provincialism, my

company stands by the open Markman

-- market and our commitment to the

UK was good for the UK and for

London. Most of our European

business was in a place where we do

less than one third of our business

echoes we keep everything in the UK

and service the rest of the

continent from that. We may or may

not be able to do that. 's new

arrangement is not so good for my

company. It is less good for Goldman

Sachs and for wealth creation in the

world I think it is less good for

the UK. As a British person, at the

court, having to throw in and get

instructions from and surrender some

sovereignty, I am not at liberty. I

I can't do that. And if I venture

into that space I get criticised.

Brexit secretary David Davis is set

to deliver a key speech on Friday,

outlining the UK's economic plans

for when it is no longer a member of

the European Union. He is expected

to say that the UK will once again

have its own trading policy which

will include negotiating and signing

new deals with emerging markets in

Asia and the Americas. Returning now

to the snowy Swiss Alps and another

major talking point this year has

been the need to movement. Business

typically used to be seen as a boys

club at this year the World Economic

Forum is being co-chaired entirely

by women for the first time. Many

are speaking out against ending

gender discrimination, sexual

harassment and unfair pay at work.

How do you stamp it out? Here are

some views.

No more secrets. Get it all out on

the table. Let's come clean with the

issues. Move on. Be inclusive in the

future.

The most important thing

that companies need to do is create

a pew at an merit-based environment

so that women have confidence that

they will not be discriminated

against just on the basis of gender.

In China, most of us do not know

what sexual harassment is. I think

it is the company's obligation to

educate their employees that sexual

harassment is the wrong.

It is

critical to transform anger into

action. And action has to start at

the top.

Companies need to remember

that women tend to be more modest so

they need to be lifted up to grow in

the ranks of companies.

It is very

important that companies create a

culture where women feel welcome,

safe and empowered.

Give her the

chance to study anything she wants.

The MeToo movement at the World

Economic Forum. In other business

news, a ruling on a contentious

trade dispute between the US and the

Canadian planemaker bomb by the

eight is due later today. At the

International Trade Commission is

expected to back the US government's

move to impose a massive tariffs of

almost 300% on the C series planes.

Boeing accused their opponents of

receiving illegal government

subsidies and of dumping planes on

the US market. Do you remember the

meltdown at the Fokker Chinon

nuclear power plant in 2011 when the

huge tsunami hit? The case against

three former executives at the

company is in court today. For the

latest I am joined by my colleague.

How significant is this case? It is

quite significant. Necessarily

criminal case over the nuclear

accident. You are seeing some

dramatic footage of the tsunami

which hit for the Ashima and other

north-eastern areas of Japan. --

Fukushima. This is the only criminal

case against three former executives

of Tokyo Electric. The argument goes

that they could have known that the

nuclear accident would have happened

should there be a tsunami. The three

men who, at the start of the draft

several months ago, pleaded not

guilty and said there was no way to

predict the natural disaster of a

magnitude like that. If you

remember, at a parliamentary enquiry

back in 2011 it found that this

nuclear accident was man-made. The

tsunami and the earthquake were not

that the actual nuclear accident

was. We will hear from over a dozen

witnesses including employees as to

whether there was any study done

about it and for many of the

victim's family members, they hope

that this trial will shed light on

the broader responsibilities of the

nuclear accident.

Thank you very much for that update

on the court case. The IPL, the

Indian Premier League, is one of the

biggest sports leagues in the world.

On Saturday, clubs will bid millions

of dollars to have the biggest names

in the world of cricket on their

teams. BBBC-- the BBC previews what

we can expect from the auction.

That is a lot of money for playing

seven weeks of cricket across India.

Clubs have already signed these

stars up for this year's Indian

Premier League. Real money will be

spent this weekend at the

tournament's mega players auction.

It promises to be the biggest ever

with some of the best cricketers in

the world for grabs. Most of them

were contracted to clubs for ten

years. Will be the 11th IPL so they

will join over a thousand players in

the pool. And with international

stars like Joe Root, Mitchell stark

and Chris Gayle on the list, the

bidding is bound to be intense. IPL

players are earning big bucks during

the tournament. Vera Kohli earned

$380,000 per week, which is more

than many athletes in the EPL and la

Leaguer. The IPL has become one of

them what's watched leagues in the

world. Around 32,000 people turn up

for the matches, a little lower than

the English Premier League but

higher than la Leaguer and

major-league race ball in the US. TV

and digital viewership is rising

steadily as well. They expect nearly

700 million people to tune in this

season. The tournament growth in

population and salary is expected to

break records this year, it seems

that the only way is up.

An enormous sport in India. Cricket,

cricket.

We have the Nikkei two to five in

negative territory together with

another index but the All or Derry

is up.