Them that a proposed deal between the conservatives and the democratic unionists, wouldnt affect the prospects of restoring power sharing at stormont. Us authorities seize assets worth over half 1 billion in a Money Laundering scandal surrounding malaysias Sovereign Wealth Fund. And wind, solar, or hydro. A look at kaza khsta n and wind, solar, or hydro. A look at kazakhstan and their plans for renewable energy. Good morning, asia. Hello, world. Welcome to todays edition of Asia Business report. Im sharanjit leyl. Its a friday. From a picasso painting to a jim carrey movie. Us authorities are seizing assets worth half 1 billion as part of a global Money Laundering case. The items were allegedly purchased using money diverted from malaysias Sovereign Wealth Fund 1mdb. We have all details. Us authorities are moving in on a number of items. They include a picasso building and an apartment in manhattan. Also the rights to several hollywood films, likejim ca rreys several hollywood films, likejim carreys dumb and dumber two movie and another starring will ferrell. This is part of a global Money Laundering case which has spread from malaysia to hear in the, the us. They stole more than half 1 billion from the Sovereign Wealth Fund of malaysia us. They say funds we re fund of malaysia us. They say funds were diverted and passed through the united states. That is where they come in the picture. An acting us attorney in california says these cases used billions of dollars that should have helped people in malaysia but fuelled astonishing greed for a small number of people instead to bite we have just heard the malaysian authorities respond to this case in the us. How far has the Department Ofjustice gotten in this case so Department Ofjustice gotten in this case so far . This is not the first time they have tried to seize assets. There was an early attempt a few days ago. Before that, you have to go back a year. This involves seizing other assets. Leonardo dicaprio, who apparently was involved tangentially, receiving gifts from someone connected to this, apparently has said he is co operating. The department of justice, as i said, got involved in pa rt justice, as i said, got involved in part because the us filed complaints to recover more than 1. 7 billion. There are also investigation is not just in the us but singapore and switzerland. Like i said, this is a wide and vast sprawling investigation involving money that a p pa re Ntly Investigation involving money that apparently was ta Ken Investigation involving money that apparently was taken from between 2009 and 2015. And we have also heard from the Press Secretary of the Prime Minister in malaysia, the country where this Sovereign Wealth Fund is from, basically saying this is politically motivated, saying the motivation goes beyond the objective of seizing assets. Michelle fleury speaking to me earlier from of seizing assets. Michelle fleury speaking to me earlierfrom new york. Other business news. After yea rs of york. Other business news. After years of discussion, Global Market index provider, msci, will announce whether they will include chinese a shares in its indexes. Last year it surprised the market by not including them. Trading in shares of japanese aid bag maker, takata, have been suspended after reports the company is preparing to file for bankruptcy. Airbag. They face billions of dollars in liabilities from defective airbag inflators. Finances from euro countries have agreed to delay payment of 8. 5 billion euros to greece. Under the bailout programme, they have repayments on loans due next month which it could not otherwise have made. Fatah, isolated by gulf neighbours, have agreed to buy 12 billion of f15 fighter jets. Neighbours, have agreed to buy 12 billion of f15 fighterjets. Qatar. Kazakhstan, central asias largest economy. It is hosting a three month expo to outline its economy plan. Traditionally driven by oil and gas, there economy slumped when oil prices fell. It wa nts to slumped when oil prices fell. It wants to meet those needs with wind, solar, hydro, or nuclear by 2050. How realistic is that . This is what kaza khsta n says how realistic is that . This is what kazakhstan says it wants Power Generation to look like. Massive Wind Turbines rotating above the Central Asian steppes, powering homes, offices, and schools. Listen to this. That is the sound of wind going at 60 kilometres per hour. And thatis going at 60 kilometres per hour. And that is not even at full speed. To be honest, i dont know if i can keep standing. I am honestly worried of being blown away. This is one of the key reasons why kazakhstan is so well suited for renewable energy. That is why kazakhstan is putting on this grand show. The expo designed to attract Foreign Investors to the renewa bles to attract Foreign Investors to the Renewables Market of the country. They are finding it challenging with Energy Storage solutions. The local currency fell 55 in 2015. That gives a negative effect on special renewable projects. All of the equipment, even small bolts, are imported. When the investors come, there is too much uncertainty. The government did not set a proper rules stop white but the government says it is trying to help investors. Translation we understand Foreign Companies face certain risks because they will earn profits in local currency, which has been volatile. We are trying to take the risks away from them by tying tariffs to the currency. So, if the local currency drops, then tariffs will rise. This is where you live . Thank you. It is not just investors. Many is where you live . Thank you. It is notjust investors. Many kazakhs also feel the Government Strategy is not well thought out. But very few dare to speak out. This is when they sentence due to three years of no public speaking, no organised protesting . This lawyer and activist tells me it is all for show. Translation they just tells me it is all for show. Translation theyjust built a few Wind Power Plants around the area. Why not everywhere, why not cheaper, so why not everywhere, why not cheaper, so people can actually use it . None of this is changing every day like. 80 of kazakhstan still uses call because it is cheap. Coal. Until there is a clear roadmap, the lofty vision of kazakhstan may remain out of reach. And we will have a Special Edition of talking business this weekend from the expo in the area. The Largest Hotel chain with 6000 Robert Hughes and 13 brands globally is becoming famous wildlife properties. It is our Fastest Growing region in the world. In asia pacific, in more than half of the pipeline, it is in asia pacific. This is a luxury part of the world. Who do you target . Every segment. We have 20 brands in the asia pacific. It goes all the way down to more economic travellers who decide to stay in more economic brands. Chinese travellers are strategically twofold. Chinese travellers inside of China Growing at a very fast rate, double digits. Outbound travel, it is huge. We would never have seen that in many resort destinations. Today, the number one source market is china. What other markets are you looking at in asia . There is a slowdown in the north American Market where you still have the biggest presence. Donald trump cannot have helped and his policies. It made us worried, but we had a great start to the year. The good news is we are naturally hedged. In the asia pacific, the largest Source Markets for us were intra asia travellers. They are the number one market for everything asia pacific. The indians are growing at a great rate, outbound indian travellers. Uk labour rally travel anywhere and find hotels. You can literally. If you wanted to go to the maldives before, we did not have a single hotel. Now we have three. It gives oui hotel. Now we have three. It gives our loyal customers, and also customers who want to learn about us, more opportunity to stay with us anywhere at any time in any brand. Up anywhere at any time in any brand. Up and down the scale of luxury. Quick look at the markets. The nikkei is up. The weaker yen propelling exporters. Australian markets are lower, as you can see. I am sharanjit markets are lower, as you can see. I am shara njit leyl. Markets are lower, as you can see. I am sharanjit leyl. Thank you for watching. This is bbc news. We will bring you up to date with the stories this hour. The death toll in the london Tower Block Fire Rises to 17, but is expected to increase further. A day after a shooting that targeted members of us congress, democrats and republicans take to the field for a Charity Baseball match. More than 200 firefighters tackled the fire in west london entering the building when it was still burning as they tried to help those who were trapped. And their work isnt over. Theyre now involved in the recovery operation. Our correspondent, sarah campbell, reports on the firefighters and the impact this fire has had on them. Hero, this guy, look at that, hero it is impossible to imagine how anyone would willingly run into this, but that is exactly what more than 200 firefighters did. The main thing with this building on the night was the speed the fire moved from the bottom up to the top and the thick black smoke that filled the air, that filled the building. They are real challenges for us. We have also got people, quite rightly, trying to get out of the building quickly as we were trying to get in. Have you ever seen a fire like it . I have never seen a fire on this scale in my whole career, no. I have seen lots of fires in the London Fire Brigade but nothing on this scale. Exhausted, having spent hours tackling a fire which has been described as unprecedented in its scale, and the work is far from over. Now comes the task of making the building safe enough to allow a thorough search and recovery. You have had a chance to speak to some of those involved. How are they doing if not physically but mentally . I have spoken to quite a few people, they are ok. The main thing is they are tired, but they are so keen to ensure that we complete the job. They were on duty again, a lot of them were on duty last night, some of them will be on duty tonight, and they want to come back. They want to come back and assist. Thankfully only a handful of firefighters received minor injuries. The mental scars from what they saw and heard may take longer to heal. People have Coping Mechanisms in all sorts of ways and the most obvious one is the support of your colleagues who have been through similar experiences. But clearly the scale of this and the sort of horrors that people have seen means that they will need to be watched and they will need to be supported and that will need professional support. There is much more on the website. If you have been affected by any of theissues if you have been affected by any of the issues regarding the fire, please check that out. That is all for me. Now it is time for all of the sports news in sport today. Hello, this is sport today, live from the bbc sport centre. Coming up on this programme Rickie Fowler is the one stroke Clubhouse Leader as the opening round of the us open nears a conclusion. India are into the Icc Champions Trophy Final after a Batting Masterclass against bangladesh. And second seed Grigor Dimitrov loses to a player ranked 143 places below him in the second round of the stuttgart open. Hello and welcome to the programme, and where else would we start but at the years second golf major of the year, the us open at erin hills in wisconsin. Dustinjohnson is the defending champion but he hasnt necessarily had the opening round he wouldve expected as we take a look at the leaderboard. Rickie fowler is at seven under, paul casey came back into the contest at the end, he is one shot off the lead, and a chance for slander shell fell to get up towards the lead but if