:00:00. > :00:00.who survived a Taliban attack less than two years ago, is publishing a
:00:00. > :00:00.new version of her big especially year towards younger readers. Those
:00:00. > :00:07.are the latest headlines, now it is time for the latest financial news
:00:08. > :00:26.with Sally. On the back foot call on HTC
:00:27. > :00:34.launches a new forum. Will it garner any excitement? The Chinese buy into
:00:35. > :00:35.the American dream, snapping up some lucrative properties from California
:00:36. > :00:51.to New York. Hello and a very warm welcome. Let's
:00:52. > :00:56.start the programme with the Taiwanese smart phone maker, HTC.
:00:57. > :01:02.They are expected to take the wraps off their latest phone today. It is
:01:03. > :01:10.a Windows phone version of its Android one M8. The company is no
:01:11. > :01:23.longer in fashion. Its share of the smart phone is small. The stock
:01:24. > :01:29.price has fallen some 90%. Can HTC change the tide and excite smart
:01:30. > :01:35.phone users again. I am joined by our technology experts to get his
:01:36. > :01:48.view on what the company will reveal today. They are likely to reveal a
:01:49. > :01:56.Windows version of the HTC One M8. It has done well. It could go the
:01:57. > :01:59.company back into profit after a long series of descending quarters.
:02:00. > :02:03.It has been well received and is keeping the company alive. Whether
:02:04. > :02:09.the Windows version will be any good, I do not know. It has had good
:02:10. > :02:17.reviews. Why do they not have more market share. There is not a lot of
:02:18. > :02:20.excitement about the forum. Any mobile phone maker who is not
:02:21. > :02:25.Samsung or Apple, these companies have the market divided between
:02:26. > :02:30.them. They have the most successful phones. Inside most smart phones,
:02:31. > :02:35.they are much the same. The same chips, the same screens, the same
:02:36. > :02:41.batteries. You tend to go with fashion rather than picking one
:02:42. > :02:45.phone for a technical specification. With the HTC having such a small
:02:46. > :02:51.share of the market, there must be a smaller number of applications.
:02:52. > :02:58.Windows phones have smaller numbers of applications. New Windows phones
:02:59. > :03:02.are coming out with the support of Microsoft, who are desperate to be
:03:03. > :03:08.there as an alternative. They only have a few percent of the market for
:03:09. > :03:16.Windows. If you're writing software, you will not right for them, you
:03:17. > :03:20.will write for Android or Apple. It seems like they are still on the
:03:21. > :03:28.market. Microsoft have done this for a long time. It is not really taking
:03:29. > :03:35.off. This has been going on since the late 1990s. How long is it going
:03:36. > :03:40.to be before this changes? We will watch the launch and see how well it
:03:41. > :03:49.goes down. Give us your thoughts on that. The Economist's intelligence
:03:50. > :03:53.unit has ranked countries around the world according to healthcare,
:03:54. > :03:58.culture and environment. There is the nicest place to live? The man
:03:59. > :04:12.who noses recall he's on. He is in Singapore. `` the man who knows is
:04:13. > :04:16.Rico Hizon. The top ten is led by Melbourne. Number one for the four
:04:17. > :04:22.viewer in a row. The NN second place and Vancouver in third. Australia
:04:23. > :04:28.did not just take the top spot. Adelaide, Sydney and Perth were all
:04:29. > :04:33.given positions in the top ten most liveable cities in the world. The
:04:34. > :04:37.score tied for stability, healthcare and education. The only European
:04:38. > :04:41.city in the top ten is Helsinki. Take a look at the top ten cities
:04:42. > :04:46.and also the worst performers and livability. At the bottom of the
:04:47. > :04:52.list is the massacres in Syria. Tripoli, Libya, and Saint Petersburg
:04:53. > :04:59.also round out the list as well as Athens and Greece. The survey found
:05:00. > :05:04.that since 2009, livability across the world has fallen by about 1%.
:05:05. > :05:11.That is due to a fall in stability and safety in many cities.
:05:12. > :05:17.How did Singapore and London do? Surprisingly not even close to the
:05:18. > :05:22.top ten or the top 30. Singapore was 52 and London was 55. Not a whole
:05:23. > :05:27.lot of difference between the two cities in the survey but, if you
:05:28. > :05:32.break down, Singapore came out in top in terms of stability, safety,
:05:33. > :05:37.infrastructure. London scored again culture, environment and education.
:05:38. > :05:41.In healthcare, both cities with similar scores. The bottom line,
:05:42. > :05:45.according to this global livability ranting, still very good places to
:05:46. > :05:49.do business. So we are in some fairly decent
:05:50. > :05:57.cities, you and I, but not in the top ten. Thank you for joining us.
:05:58. > :06:01.Very interesting. When it comes to cities that excite
:06:02. > :06:08.the Chinese, they have their eyes fixed on the Chinese. There are a
:06:09. > :06:11.growing number of Chinese people looking to invest their cash in the
:06:12. > :06:19.listed in the biggest economy in the world. Myers spent $22 billion, 72%
:06:20. > :06:22.more than they did the day before, snapping up high`end homes from
:06:23. > :06:31.California to New York City. Let's get more from Manhattan. Michelle.
:06:32. > :06:36.On the New York property market, the rich always in high. Manhattan's
:06:37. > :06:44.luxury towers are home to the superrich. The realist rivals are
:06:45. > :06:52.the Chinese. `` newest arrivals. This high`end estate agent took me
:06:53. > :06:55.on a tour of Carlton House, a luxury apartment building in Manhattan. She
:06:56. > :07:02.has seen a number of Chinese clients grow in recent years. The report
:07:03. > :07:07.from the first 2/4 is that the artfully 25% Asian buyers. This is a
:07:08. > :07:12.mind blowing number. It means one quarter of every sale in buildings
:07:13. > :07:20.like this is coming from Asia. We have do anticipate and project that
:07:21. > :07:22.this number will get larger. This woman has swapped Beijing for the
:07:23. > :07:28.big Apple, where she lives and works. In a city that never sleeps,
:07:29. > :07:36.she has a place to call home. The flat she moved into three weeks ago
:07:37. > :07:39.is that place. It is all about price stability for me. I feel like it is
:07:40. > :07:51.safer to move the money from China to New York. China's rapid economic
:07:52. > :07:57.expansion has brought wealth to many of its citizens. Coupled with the
:07:58. > :08:00.rise in price against the dollar and the killing of his own property
:08:01. > :08:05.market, it is easy to see via America is suddenly such an
:08:06. > :08:10.appealing investment. I describe luxury real estate is the new global
:08:11. > :08:13.currency. The idea that investors are circling the gold, looking to
:08:14. > :08:20.article, looking to preserve capital. The ascent of high`end cash
:08:21. > :08:21.buyers could have implications for the affordability of housing in New
:08:22. > :08:34.York for everyone. In other business news, the US
:08:35. > :08:39.`based oil and gas giant, Apache Corporation, says it has discovered
:08:40. > :08:42.a big oil well off the coast of Australia. Estimates say could be
:08:43. > :08:46.the largest find in Australia for decades. The well still being
:08:47. > :08:53.evaluated but could result in as many as 300 million barrels of oil.
:08:54. > :08:58.Its potential has been described as extraordinary. The largest mining
:08:59. > :09:01.company in the world, BHP Billiton, is preparing to release full year
:09:02. > :09:08.results today. They are considering a restructure. At the merger is its
:09:09. > :09:15.preferred option, with the company keen to spend off assets that are
:09:16. > :09:19.not important. Results could come out as early as today. When we hear
:09:20. > :09:26.from BHP Billiton in terms of its results, I will update you. Results
:09:27. > :09:30.come out and about 80 minutes. It has been strongly on the markets. It
:09:31. > :09:36.follows its from the United States as well. The Dow Jones is up to 1%.
:09:37. > :09:39.Almost the same for the NASDAQ. A lot of it is to do with the
:09:40. > :09:44.situation in terms of the geopolitical crisis around the
:09:45. > :09:49.world. It looks like things could be improving as opposed to worsening.
:09:50. > :09:50.That is all from me for now. I will see you later when we look through
:09:51. > :10:04.the papers. As Sally said, the papers coming up
:10:05. > :10:11.in a moment. First, the government has then eyed that the prison system
:10:12. > :10:12.is in crisis. The Justice Secretary has admitted that violence,