Business news live from singapore. India givena india given a big boost in countries that want to do business with it. 46 Million People affected in malaysia. Good morning, asia, hello, world. Glad you could join us. An exciting show a head. For the first time india has jumped into 100 show a head. For the first time india hasjumped into 100 place on the world bank s annual rankings of countries of doing business in the region and the world, climbing 30 spots. Is this a sign that the economics is working . Signs are definitely encouraging for the economy that has seen a growth falling for the last quarter and the worst performance in the past three yea rs. Worst performance in the past three years. What we have seen in the World Bank Report is india has run up World Bank Report is india has run up in ranking when it comes to paying taxes and the keys of paying taxes thanks to the online reforms from the government and protection of minority investors were india has shown a massive improvement which has held it to the scale of the top 100 club of growing economies also another area it has improved is the ease of access to credit. Permits are still required to start a business and this is where it falters. The report mentions the number of days it takes has come down to 127 to 30 days in the past 15 years and that is a massive boost but for that business to start the number of licences required, that still remains a worry. Still many challenges for the Modi Administration but how aggressive is Prime Minister modi in pushing these reforms . For the government, it has been a Silver Lining because it has been a Silver Lining because it has been under pressure after fall in growth, job numbers that still look relatively small and this report has not taken into consideration the massive tax reform of goods and services tax uniform tax across the country. Because businesses have been suffering will have to wait and see how that impacts the next report. Malaysia has been hit by a data breach and it is believed that the entire country, with a population of 32 million, might have been affected. What more can you tell us about this hack . The data of more than 46 million mobile customers in malaysia has been lea ked customers in malaysia has been leaked into the so called dark web and the population is about 32 million and this may affect the entire country. We also saw public websites such as the medical association, dental association, jobs through. Com and even a housing website seen the data taken and posted in the dark web. When first discovered, it found an individual trying to sell this for an undisclosed amount of bitcoin. The data was compromised between 200014 and 2015. Regulators and are investigating. The breach is a very deep and what can consumers do to protect themselves . Under malaysian law is, Service Providers are supposed to keep data secure saw the could be legal repercussions. So there could be. Having compromised data is a serious threat, especially since criminals can use information for Identity Theft and fraud. Thank you very much. Technology executives have finished their first day of testimony on capitol hill in washington. It is the first time we presented from facebook, google and twitter have appeared publicly in a matter of russian interference in the president ial election. Dave lee described to us the mood at the hearing. It was a fairly uncomfortable ride for the three technology companies. They put on something of a united front stop they wanted to show the senators that they were capable, they say, of dealing with this problem on the rain and the problem is frankly enormous. Facebook has said as many as 126 million users may have been used. Google and twitter also having widespread problems. They say they are going to enforce stricter policies, more transparent policies and that will solve this problem for and that will solve this problem for a car in stock we are carrying. Senators do not seem as convinced. They are pushing for regulations. They are pushing for regulations. The company is of course do not want that. After these three committee hearings, at what do politicians plan to do with all this information . They are going to see at first the extent and what patterns have emerged that can be applied to protecting the integrity of future elections will the regulation i mentioned, there is a bill being at, the honest and, which would put in place some regulations particularly when anand has been paid for by a Political Party but it becomes very complex. How do you know when a Certain Group is a Political Party. We are just starting to see the tip of the iceberg where we tried to see what regulation if any could be effective in tackling this. The Tech Companies think they are in the best place to do this. The reserve is in the middle of a meeting with many a nalysts middle of a meeting with many analysts not expecting a move in Interest Rates until december at all eyes on who will replace janet yellen with her term expiring in january. Jerome powell is the favourite. He is a republican. Another contender isjohn taylor. His stamp that economists and always on the republican list of potential fed chairs. He has never been given thejob. Should fed chairs. He has never been given the job. Should janet yellen stay on . She should. Someone is credible as her. Important for this president. All the other candidates are either less credible in terms of the economic background or they are more or kitsch. However she is a democrat. And President Trump has been trying to overturn so many things that barack 0bama did. The expectation is shes going to make it. One of the favourites isjerome powell. Why could he be the logical choice . Because he would offer continuity. He has been on the fed board for quite well. He is not a well trained economist and he is unlikely to drive a big change in opinion among the rest of the voting members. He will not influence of half the board who have ph. D. Is in economics, for example. He will offer continuity and if you want low Interest Rates, which presumably President Trump wants, putting him in would be the obvious choice. Why it should john taylor be the man . He isa it should john taylor be the man . He is a huge figure. He looks at how far you are from unemployment target and comes up with estimates. This is called the taylor rule and it is used by many Central Banks will not at some point. However the problem is, the rule tells you Interest Rates should be 2 above where they are at the moment clearly scare the markets. Bitcoin is getting closer to being recognised. A move could make the Digital Currency more financially mainstream. A quick look at the markets and most of asia is in positive territory. Rising oil prices have helped. Have a wonderful wednesday, everyone. See you write an early tomorrow. Bright and early. The top stories this hour. At least eight people have been killed and more than a dozen injured after a van mowed down pedestrians and cyclists in new york. The mayor has described it as a cowardly act of terror. Police sources have named the suspect as 29 year old Sayfullo Saipov whos thought to originally be from uzbekistan he moved to america in 2010 and was living in florida. More on that story to come in 15 minutes time. Hastings pier, which seven years ago was all but destroyed in a huge fire, has won britains most prestigious architectural prize. The pier, rebuilt in collaboration with the local community, was described by judges of the stirling prize as a masterpiece of regeneration. 0ur arts correspondent David Sillito reports. Seven years ago, it was an inferno. People that id never spoken to before were stopping me to talk about the pier and everyone was devastated. Today, a phoenix from the ashes. My parents met in the ballroom on the pier. Here . What i cast myself as a pier baby. Jill sudens been coming to the pier all her life. But all thats left of the original ballroom are these footprints. 1, 2, 3. Hastings pier has been rebuilt, reborn and reinvented for the 21st century. This is wonderful. The woodwork here is the original timber from the pier. There are still some of the scorch marks from the fire of 2010, but the most important innovation is this nothing. What they chose not to build, the empty space. If this pier was going to survive, it needed flexibility. And tonight the community that took ownership watched, hoping for a halloween treat. Hastings pier. Cheering. I would like to acknowledge that youve all done fine buildings, but it seems that this year what really captured the imagination was not doing one indeed, its nickname is the plank, but what theyve actually created is a park over the ocean. 145 years after it was first opened it is, once again, a new building. Britains best new building. What are your thoughts looking out on this now . Oh, i love it. Its just so peaceful. David sillito, bbc news, hastings. You are watching bbc news. Stay with us you are watching bbc news. Stay with us for the latest coverage on the new york attack. After the death of a people when a man ploughed his vehicle into pedestrians on a bike path in Lower Manhattan stop. Hello, im gavin ramjaun, and this is sport today, live from the bbc sport centre. Coming up on this programme psg continue their devastating form. They cruise into the next round of the champions league, and hit five past their latest opponents. Houston astros are closing in on a first world series. Game 6 is taking place in los angeles. And it is 100 days to go until the winter olympics, and the olympic flame makes its way to the host nation south korea. Paris st germain and Bayern Munich are the first two teams into the knockout stages of the european champions league. But there was a shock for chelsea. They lost 3 0 in rome. 0ur football reporter jon bennett watched the action, and said the English Premier League champions werent their usual selves. Chelsea