factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let's talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early as april next year, us dollar has been weakening versus other currencies including gold and crypto currencies. in more news, the white house is challenging a deal that allows purdue pharma lawsuits against them for $6 billion. —— to settle lawsuits against it. the company has been criticised for making the opioid crisis worse in the country and families who lost loved ones say the deal allows the sackler family that owns purdue to be partially protected. the case is being heard in the supreme court with justices divided over whether to approve the deal. here is what one of them had to say. only because the sacklers have taken the money offshore, right? it is not like by aberration of law it is necessary to do this. it is necessary to do this because the sacklers have taken the money and are not willing to give it back unless they have this condition. uber stocks came close to a record high on monday i knew that the company is set to join the leading american index of publicly traded company bunnies. 0ur publicly traded company bunnies. our business correspondent with the latest from new york. the snp 500 is readying fora new member, uberset to join the elite index later this month. investors are pleased. uber�*s stock ended monday up more than 2% after rising around 5% in early trading. that put shares not too far off from their all—time high of $63.18 apiece. that was back in february 2021. and it is a turnaround story for uber. shares are worth more than double what they were at the start the year and nearly triple what they were worth in december of 2022. that was the summer when many workers left theirjobs. what we call the great resignation. labour shortages were particularly acute in jobs that require people to do their work in person. like driving a car. when it came to share price, rising interest rates did not do the company any favour. so uber is readying for a celebratory milestone and an influx of attention. people who invest in snp 500 index funds own a stake in all of those different stocks. so when uber or any company becomes included in the snp 500, that can send a jolt to its share price. in other stories making business news, the music the president of the cop28 summit in dubai has hit back at criticism saying his work is being constantly undermined. sultan aljabe who also heads up the uae state oil firm adnoc said this after a leaked video emerged of him saying there was no scientific evidence for a need to completely cut the use of fossil fuels. he has insisted he does respect climate science. after ten yea rs, after ten years, grand that auto has finally released a trailer that auto has finally released a trailer for its sixth version of the game, set in a miami inspired by the city and it is a story of love and crime between its first female protagonists and an unnamed male lead. the developer release the trailer 15 hours earlier than expected after its first fleet online. the trailer says the game will not be released until 2025 so if you're a fan, you will have to wait a bit more to play it. evergrande has been given more time to work out a deal with its overseas creditors. a hong kong court adjourned the meeting that could have started the process to liquidate the company. the venture firm broke down what this means for the world's most indebted developer. the sixth adjournment will give them another month or so to figure out a better plan around restructuring. it is really a rough deal for most accreditors, more than half their debt is not collateralised. and recovery rates are expected to be in the low single digits. this buys a bit further time for them to try one more proposal before total liquidation goes through. you feel the situation is not as bad as some may make it out to be. in terms of the property sector, would you say there is still investor interest? it is challenging. they are going to have to rebuild demand. rebuild confidence in the economy before those young couples and others start considering buying or investing in real estate again. there is still a $450 billion gaping hole in the ecosystem, 20 million unfinished properties. they will have to jumpstart the credit engine before those get finished and a lot of them are still unsold today. staying with the chinese property market, in 2016 as part of the country's massive belt and road initiative, the developer country garden revealing a $100 billion project in southern malaysia called forest city. almost a million people were supposed to live there but eight years on, country garden faces colossal debt and the complex is now locally regarded as a ghost town. nick marsh spent a night in forest city and sent this report. we are right on the tip of southern malaysia. there is something strange on the horizon. locals call it ghost city. 0n first impressions, you can see why. ok, this is forest city. it is a bit dark. i think someone has forgot to turn the lights on. it is hard to believe anyone actually lives here. 0h, here they are. even in mid afternoon, forest city feels more like a haunted house than a happy home. do you feel like it is a ghost town? from what i have seen so far, yes. i would have to agree. yeah? maybe you should try after 12. we may be 3000 miles from beijing but residents likejoanne are trying to weather a storm in china's property sector. she wants to get out of forest city. as night started to fall, i met someone who already had. ifeel free, to be honest. i feel finally i escaped. this multibillion—dollar project is supposed to be good, supposed to meet expectations. but it is frustrating. the property developer country garden sold this place as a thriving eco—friendly community with beaches, bars, restaurants. it was a chance for chinese investors to own a second home abroad and rent out to locals. but as we have already seen all over china, ambition did not match reality. chinese government controls on how much companies could borrow and how much chinese citizens could spend on foreign property have left forest city in disarray. this place was supposed to be a restaurant. behind me, judging by the looks of things, it was supposed to be the kitchen. now, country garden's slogan for this whole place was "a prime vision for future cities." you just take a look around. does not really seem that way. country garden insists the project will be finished. but with the company facing debt of nearly $200 billion, it is hard to see how. forest city was supposed to house a million people. right now, it is 1% occupied. like so many chinese properties of development, this place seems to be going nowhere. nick marsh, bbc news. bbc news contacted country garden group in china and received no response. —— they said they were running the business as usual and the region are safe and stable. before we go, some breaking news that came in a short while ago from australia where the central bank has kept its interest rates on hold at 4.35%. the reserve bank made the decision at its monthly meeting, saying the most recent inflation reading for the month of october suggests that inflation in the country was coming under control. that is all for the moment and asia business report for the news continues. stay with bbc news. voice-over: sac news, - bringing you different stories from across the uk. this was the scene in mold just last month as storm babet swept across wales. but what can be done to protect properties like this from flooding? these defences are part of a former impound project in ammanford, a town classed as a flood high risk area. the hope is these walls will contain the water within the river loughor nearby and help save hundreds of householders from the heart ache of flooding. currently there are about 223 properties at risk of flooding during a 1 in 100 flood event and is predicted to increase to over 380 with climate change over the next hundred years. the effects of flooding can be devastating. this animal sanctuary near trimsaran is close to the river gwendraeth and regularly blighted by flooding. injanuary, they had to take one of their dogs for chemotherapy by boat. horrible. i had to put my elderly mother in a boat to get her home a few weeks ago. push her through the water. i've had to put dogs in the boat to get them up to the car to go to the vet. it is just an absolute living hell. moving is not an option for this woman. she says she is trapped. voice-over: for more - stories from across the uk, head to the bbc news website. hey, i'm zof with the catch up. tonight, weather warnings. china gets its pandas back. and do you think you've got rizz? first, billie eilish has asked people to stop speaking about her sexuality and accused variety magazine of outing her. in a recent interview, the singer said she was attracted to women and at the magazine's awards, was asked if she had meant to come out. on her socials, she sarcastically thanked variety for outing her instead of talking about anything that matters. 0n the red carpet, she also said she did not believe in people having to reveal their sexuality, saying "why can't we just exist?" some other stories now. rizz has been named word of the year by oxford uni press. if you don't know, basically, it means if you are good at flirting, that means you've got rizz. eight words were on the list including situationship. now, we all know a mate in one of those. next, there have been issues across the country because of the weather. ice and snow has been causing problems, especially in cumbria. still a yellow warning for ice in eastern scotland and rain across east england. if you thought you struggled with your driving test, think again. 0ne unnamed learner failed their theory 59 times before passing. that is the most ever. they have been praised for their amazing commitment, spending over £1,000 and 60 hours to get there. time now for ten seconds of pandas. this pair have left edinburgh zoo after being on loan from china for 12 years. they were loaded on the plane this morning with bamboo to snack on before taking off. you are all caught up now. see you later. hello and welcome to sportsday. i'm chetan pathak. coming up on the programme: rivalries renewed as scotland prepare to meet england, but suggestions the home side will take it easy to help their olympic chances hasn't impressed their captain. i think it is absolutely outrageous to question anyone's integrity and i think it's a huge insult to us. rugby union referee tom foley says he's stepping away from officiating at the highest level after social media abuse following the world cup final. and tiger rediscovers his roar, saying it was fun to play competitive golf once again eight months on from his last appearance. welcome to the programme. thank you forjoining us. we start with football and the final round of crucial women's nation league on tuesday, with plenty still to be decided. nowhere more so than at hampden, where england are hoping to beat scotland emphatically to book their place in the knockout stages. but there's more to it than that. england are trying to qualify for next summer's olympics on behalf of teamgb, so defeat for scotland on tuesday night could actually benefit some