:00:00. > :00:00.Those are the latest headlines from BBC World News.
:00:00. > :00:00.Now for the latest financial news with Sally
:00:00. > :00:21.There will be lots of Tweets tonight as Twitter reveals its results.
:00:22. > :00:23.But will it be enough to revive a tumbling share price
:00:24. > :00:30.Political deadlock in Spain that's causing the economy to stall.
:00:31. > :00:33.But will a final round of talks with King Felipe resolve
:00:34. > :00:42.a four-month stalemate or is a new election imminent?
:00:43. > :00:51.Also in the programme: The South Korean economy shows signs
:00:52. > :01:00.Our team in Singapore will tell you all you need to know.
:01:01. > :01:03.Under pressure, Twitter reports its first quarter earnings after the
:01:04. > :01:07.market close in the US later and shares in the social media company
:01:08. > :01:11.Co-founder Jack Dorsey has sought to revive the company's fortunes by
:01:12. > :01:24.Michelle Fleury reports from New York.
:01:25. > :01:33.We can't stop sharing. Stop and think, how many times a day do you
:01:34. > :01:42.interact with social media? Why isn't Twitter more popular? What is
:01:43. > :01:47.the problem? I have a few different social media programmes I use. I
:01:48. > :01:53.don't need it. Do you use Twitter? I don't. It is more friendly for
:01:54. > :02:01.people who are accustomed to being on line. Brevity is key to the
:02:02. > :02:05.appeal. Unlike Facebook, posts are limited to 140 characters. The
:02:06. > :02:11.number of people using it has grown over the last four years. But as you
:02:12. > :02:18.can see, the pace of that growth has started slowing down. A far cry from
:02:19. > :02:25.when it first took flight in 2013, November. It is now 35% below the
:02:26. > :02:30.$26 a share it commanded on the first trading day. It went out to
:02:31. > :02:35.Wall Street in 2013 and said we are going to be this size. Advertisers,
:02:36. > :02:40.we will be this size, we will reach these people. It isn't just Wall
:02:41. > :02:45.Street getting it. Advertisers will say, wait a minute, if we want more
:02:46. > :02:49.people we will go to Google and Facebook, we don't need Twitter.
:02:50. > :02:55.Could be an fell safe Twitter? They will stream ten Thursday night
:02:56. > :02:58.national football games this season, expanding content beyond
:02:59. > :03:07.journalists, politicians and celebrities. The coal users are
:03:08. > :03:11.loyal and vocal. -- core. The problem for Wall Street is there
:03:12. > :03:19.aren't enough of them. With poor share prices, some investors may
:03:20. > :03:26.unfollow the blogging site if they fail to broaden their base.
:03:27. > :03:34.She will tweet about that later. So follow that.
:03:35. > :03:36.It's gone to deadlock in Spain between the political parties
:03:37. > :03:38.as they struggle to form a new government.
:03:39. > :03:41.In fact, Spain has been without a government since 21 December.
:03:42. > :03:43.And it looks increasingly unlikely any progress will be made
:03:44. > :03:45.before Mondays deadline to form a government.
:03:46. > :03:47.last-ditch talks are taking place today
:03:48. > :03:55.With me is Dr Pablo Calderon Martinez, lecturer in Spanish
:03:56. > :04:06.Good morning. Good morning. We have talked about this before, haven't
:04:07. > :04:12.we? Yeah. Since the 21st of September any progress? I don't
:04:13. > :04:16.think so. The talks today are the leadership of the political parties
:04:17. > :04:20.explaining to the king why they cannot reach agreement and why there
:04:21. > :04:27.will not be any way forward. Then everybody will give up towards the
:04:28. > :04:32.new election is. Having said that, I didn't think we were going to get
:04:33. > :04:38.this far. -- elections. Anything can happen to be new elections in June,
:04:39. > :04:44.I think. And what will voters here this time? -- happen. It is the same
:04:45. > :04:51.parties, presumably with the same policies. That will be the issue.
:04:52. > :04:55.There might be some difference but not a massive one in terms of people
:04:56. > :05:01.voting for the left and right. Things will remain the same. The
:05:02. > :05:09.rise of the anti-austerity party, PODEMOS, has been the catalyst for
:05:10. > :05:13.this deadlock. It won't do a deal with another left-wing party perhaps
:05:14. > :05:22.to get into government? They are thinking of getting into a coalition
:05:23. > :05:28.with a leader of the Communist Party in Spain. But the hope of the
:05:29. > :05:36.Socialist Party is steal votes from each other. Then
:05:37. > :05:42.one of them would emerge as the main force in Spain. In the meantime, the
:05:43. > :05:50.Spanish economy has been just carrying on with no decline or in
:05:51. > :05:54.crease. -- increase. Just floating through. The budget proposal was
:05:55. > :05:59.rejected by the European Commission. They have to make serious cuts. How
:06:00. > :06:07.well they worked that out? That is a key problem for the economy. -- how
:06:08. > :06:12.will they. Eventually they will have to deal with the issues. You need a
:06:13. > :06:15.government to do that. The issue of the deficit is quarrying and they
:06:16. > :06:24.need around 2 billion euros in cuts. That will be carried out or a
:06:25. > :06:30.policy defined only when you have a government. This will make it
:06:31. > :06:34.worse. Thank you for your time. We will probably talk about it in the
:06:35. > :06:38.future. Probably. Probably. (LAUGHING). OK. Let us move on.
:06:39. > :06:40.South Korea's economic expansion is continuing to slow.
:06:41. > :06:43.From January to March the economy grew by only 0.4% in
:06:44. > :07:03.That's slightly behind expectations and down from 0.7%.
:07:04. > :07:11.Tell us more detail. That is right. As you said, the statistics weren't
:07:12. > :07:18.great. .4 of a percent is a slow... Even the slow last growth in three
:07:19. > :07:26.quarters. -- slowest. It was due to sluggish exports. Domestic demand
:07:27. > :07:30.also sagged to a great extent due to heavy household debt. Consumers are
:07:31. > :07:36.cutting back on spending. Exports have fallen for 16 consecutive
:07:37. > :07:42.months and will decline again this month. All of this is no real
:07:43. > :07:47.surprise. We know that South Korea's greatest trading partner is
:07:48. > :07:50.China and they are slowing. There is very little South Korea can actually
:07:51. > :07:55.do of its own accord to spur the economy dramatically. Though it has
:07:56. > :08:01.been trying. The nation's Finance Minister has said South Korea has
:08:02. > :08:06.looked at lower borrowing costs and more debt if that is needed to
:08:07. > :08:11.achieve the 3.1% growth for the economy this year. Thank you very
:08:12. > :08:15.much, Sharanjit Leyl, fulfilling us in. See you soon. That is not a
:08:16. > :08:19.spaceship. That is a car. China's slowing economy is having
:08:20. > :08:21.an impact far beyond its own borders but it seems global car
:08:22. > :08:24.makers are staying upbeat, despite Beijing's annual auto show has
:08:25. > :08:28.opened its doors, with plenty of optimism that this
:08:29. > :08:31.year will be a profitable one Stephen McDonell went along
:08:32. > :08:45.for a look. No, I am absolutely convinced that
:08:46. > :08:50.China will stay the biggest single market. There is still a lot of
:08:51. > :08:55.growth potential. Of course, after a year of consolidation in 2015, we
:08:56. > :09:01.will see further growth and also that the Chinese market will turn
:09:02. > :09:07.rapidly into, let's say, a new energy vehicle strategy. There is an
:09:08. > :09:13.obligation that we would like to comply with with emissions. We need
:09:14. > :09:20.a certain kind of hybrid structure and better electric vehicles. And
:09:21. > :09:22.this is where we are investing. The chairman of Audi there.
:09:23. > :09:25.Japan's Transport Minister says he expects Mitsubishi Motors Corp to
:09:26. > :09:27.submit information related to its falsification of fuel economy
:09:28. > :09:30.data on Tuesday, within the deadline set by the ministry.
:09:31. > :09:33.Transport Minister Keiichi Ishii also said the ministry has set up a
:09:34. > :09:46.task force to examine fuel economy data submitted by automakers.
:09:47. > :09:49.Saudi Arabia has laid out plans to diversify its economy moving away
:09:50. > :09:53.80% of its revenues come from oil but it's been hit
:09:54. > :09:57.Under 2030, shares in the state-owned Aramco Oil
:09:58. > :09:59.company will be sold to create a sovereign wealth fund.
:10:00. > :10:07.These markets are trading a little. Two key central bank meetings this
:10:08. > :10:13.week. People are seeing risky assets. This is how it ended on Wall
:10:14. > :10:14.Street. Fairly flat, to be honest. Idle see you soon as we look through
:10:15. > :10:22.the day's newspapers. -- I will see. Junior doctors go on strike
:10:23. > :10:24.in England this morning and, for the first time,
:10:25. > :10:28.will not provide emergency care.