Bbc. Co. Uk news and the news app. Now on bbc news, live to singapore for Asia Business report. Hong kong violence flares. How the ongoing unrest threatens to push the Asian Financial hub deeper into recession. And yahoo japan mergers. They confirm its plan to create the countries exist internet company. Hello and welcome to Asia Business report. We start with hong kong because police have moved on hundreds of protesters occupying a University Campus after a long stand off. University campus after a long sta nd off. Protesters a re Polytechnic University have been hurling petrol bombs and shooting arrows at police from behind barricades and that comes in the latest fla reu p barricades and that comes in the latest flareup of Anti Government demonstrations that have convulsed the city for over five months. The u nrest the city for over five months. The unrest has already pushed hong kong into its first recession in a decade with concerns that the ongoing protest will trigger a longer and deeper economic downturn. I think it has become a lot worse over the past ten days in particular. What triggered it was the first time a protester was shot, a teenager was shot about ten days ago. Over the weekend things deteriorated a lot and the focus has been on the universities. In particular, Polytechnic University, one of the main in hong kong. Teams have gotte n one of the main in hong kong. Teams have gotten worse over the last ten days. Give us a sense of what the mood is amongst investors there. There is a sense of disarray and in outlook where people are not looking incredibly positive . The main measure, the hong kong index was doing quite well until the protest started around five months ago. Since then you see the prospect of hong kong and new york have diverged and the dowjones is up by 20 this year but the hang seng is back where it was. Its not that the protest here are as bad as chile shops are finding it difficult to stay open. Everything is shut down and it in for affects investor sentiment. Softbank has confirmed it plans to merge its internet unit with messaging app operator line creating the countrys biggest internet giant. It expects the deal to be completed next year. Im joined now to talk about this. Tell us exactly just how big a deal is this that this will eventually form japans largest internet company. This will bea largest internet company. This will be a very big headache and threat to the players in the market because while you talk about the biggest messaging service, line, merging with yahoo. In the case of yahoo they had many diversified services but they were always number two or three and everything. But now that they have tied up with line it is a different story and, lets face it, the utilisation of line exceeds 80 injapan. The utilisation of line exceeds 80 in japan. When the utilisation of line exceeds 80 injapan. When i told them that i did not have line, they look as if i was a martian. So it is obvious that this will be a big threat with many opportunities ahead for these players. And line is so predominant injapan so it really gives yahoo japana injapan so it really gives yahoo japan a segue in and is taking on those rivals you mentioned. But to what extent will this also completely, you know, give softbank a lot more control over that sector . One of the interesting facts is that softbank will have very good control, especially if you look at the e commerce execution, softbank have the largest market share in japan. Many people were utilising line pay. Obviously we are going to see that change because line are now yahoo will merge under the autonomy of softbank and its parent group. I think there will be a lot of Game Changing issues that will go on from here. And, quickly, what you expect to come from the press conference later this afternoon . There will be many pros announced but many cons. Corporate cultural differences will be asked about by the person that is what i am looking for. Thank you for joining us with that story. In other news, saudi arabia has put a preliminary evaluation on state oil come near aramco of as much as 1. 7 trillion. That would make it potentially the worlds biggest ipo but it is lower than the 2 trillion that the crown prince was reportedly keen to achieve. We have the latest. Sally aramco has announced it will be listing 15 of its shares, hoping to reach just above 25 billion. That would make it the Worlds Largest ipo ever valuing the company at around largest ipo ever valuing the company ataround 1. 7 largest ipo ever valuing the company at around 1. 7 trillion. However, as big as that number sounds, that are still below the 2 trillion valuation that the crown prince had hoped to reach. Aramco had initially wa nted hoped to reach. Aramco had initially wanted to sell 5 of it shes on two exchanges with 2 going on a Domestic Exchange and then another 396 Domestic Exchange and then another 3 on overseas exchange. Domestic exchange and then another 396 on overseas exchange. But those plans have now been put on ice for the time being due to a lack of demand from overseas investors. Partially due to concerns of rising tensions between saudi arabia and iran. Aramcos updated prospected added that the shares would be priced in the region of 8 8. 5. In the upper reach it would be bigger than the ipo of ali barber. Aramco will be hoping that International Investors are attracted to the jewel in the Saudi Arabian crown. Irans president has warned that his right hip country could not allow what he called insecurity after two days of u nrest called insecurity after two days of unrest that killed two people and saw authorities arrest dozens and restrict internet access. They have also defended the petrol hike petrol price hike the triggered the protests. The buyer airshow is under way and it is one of the largest aviation gatherings in the world. We are there and have this report. From fighter planes and military drones to commercial airliners and private jets. The biggest names in aerospace are here in dubai. To show off their latest models. This is where the industrys block duster deals are signed. The last airshow delivered orders worth over 110 billion. This time the backdrop was more uncertain. A weaker Global Economy and the ongoing trade was starting to four this once rapidly growing middle east market. Manufacturers have also struggled to deliver aircraft on time to airlines. Boeing is using this opportunity to reassure its customers that its 737 max aircraft remain grounded following two crashes. It is a hot topic here in the middle east and Global Airlines here and by other second biggest buyer of those craft. Sustainability is also in focus this week. Firms are coming under pressure to find new ways to cut down on a mission. Some airlines are 110w down on a mission. Some airlines are now moving to more fuel efficient engines like this one that burns less fuel. Beyond civilly beyond civil aviation, defence manufacturers cannot afford to miss this. The middle east are some of the biggest military spenders in the world and with attention and insecurity rising in the region it is positive that defence budgets will go up. Manufacturers from many countries are here to make their mark. The russians are here as well with their jets mark. The russians are here as well with theirjets and helicopters and the chinese are displaying drones. Meanwhile, regional players like saudi arabia and the uae are demonstrating their homegrown technology. Nearly 90,000 people are expected to attend the show but it is not clear whether that would translate into big sales for the industry. Before we go, a recap of oui industry. Before we go, a recap of our top story for this morning, Hong Kong Police moving on University Protesters on campus. We are told that the situation is calm but the u nrest that the situation is calm but the unrest has already pushed hong kong into its first recession in a decade with concerns that the ongoing protest will trigger a far deeper and longer economic downturn. Looking at the markets now because this is where they are trading at the moment. Fairly flat here in asia. The hang seng open slightly higher despite the latest violence over the weekend. And they are tracking, to some extent, the gains we saw on wall street which were record breaking highs again, on hopes that the us china row may be resolved. And that is it for the show. Immigration has featured strongly in the general Election Campaign both main parties suggest different ways of dealing with the issue. Jessica parker reports. Long debated the flow of people to the uk. The Free Movement of workers around the eu. He wants a further referendum with remain versus a labour brexit deal. So, what might their immigration policy look like . Our economy and society has been enriched massively by people who have made their homes here. No Labour Government brought in by me will bring in a hostile environment like theresa may did. Will Free Movement end when we leave the eu . There will be a great deal of movement. So Free Movement will not end . No, you will have to wait until thursday. That is when labours manifesto is released. Meanwhile, the conservatives have fleshed out their plans. Treating eu and non eu workers the same, the vast majority will need a job offer to work in the uk. Migrants will have to wait five years before they can claim benefits. And the yearly charge to the nhs will rise to £635. But no precise detail on numbers from a party that has been stung before for failing to meet its own targets. If you dont have any kind of targets you we cantjudge whether your policy has been a failure 01 a success. Thats wrong. We will make sure the government has control of immigration so we get the advantages, the benefits, and as i described, the innovators creating jobs. And the controls . We control the costs immigration undoubtedly causes. Immigration can be seen as an issue of principle. To what extent should the uk be able to control who exactly can come and not come here to work . But its also a matter of pragmatism. Businesses say they need easy access to workers of all skill levels. There are so Many Industries that rely on people coming to work from other countries. We want a system that is fair. We have targeted enforcement so we can keep the rules but we recognise and celebrate what immigrants offer us all. We need people to come and live here in scotland. We know over the next 25 years if we dont encourage people to make scotland their home, the working age population will decline. And that means lower tax revenue to fund the nhs. So, immigration was up for debate in the 2016 referendum. In this election, thats still the case. Jessica parker, bbc news. Hello. This is sport today, live from the bbc sport centre. Coming up on this programme a dream come true Stefanos Tsitispas wins the atp finals to become the youngest season ending winner in 18 years. A 99th International Goal for Cristiano Ronaldo as portugal qualify for euro 2020. And Max Verstappen wins as the ferraris collide on a day of drama at the brazilian grand prix. Welcome to the programme. Thanks forjoining us. He beat Roger Federer in the semifinals. Now, Greeces Stefanos tsitsipas has completed what he calls a roller coaster week in london after winning the atp finals on his debut at the event. The 21 year old from greece had to come from a set down to beat Dominic Thiem in sundays final, making him the youngest winner of a season ending event since 2001. Imran sidat reports. Its a final that not many would have predicted at the start of the week. But it has been a tournament which has seen the next generation finally come of age. For Dominic Thiem and stefanos tsitsipas, it was the opportunity to win the biggest title of their careers,