Now on bbc news, all the latest Business News live from singapore. Status check. The Banking Regulator in china wants a report card on overseas acquisitions. Kazakhstan is strapping in for what could be a fast ride on chinas one belt, one road expansion. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a friday. Im sharanjit leyl. Chinas Banking Regulator has ordered a group of lenders to assess the exposure to offshore acquisitions by a handful of companies on a buy spree overseas. They are some of chinas largest, like hna and fulson. I spoke to our shanghai correspondent asking why authorities are so worried. There are two elements to this. They see the acquisitions, a vast 235 Billion Us Dollars last year, they see it as giving a risk to the currency. They dont want that level of capital out of there. And they are worried about big chinese conglomerates raising money in this country. There is a big worry about debt overall in china. Wealth ma
Its 7am in singapore, midnight in london, and 4am in islamabad. Pakistans Prime Minister nawaz sharif has cut short a visit to london, after an Oil Tanker Explosion killed at least 150 people in punjab province. More than 100 others are in a Critical Condition in hospital. The incident also cast a shadow over the muslim festival of eid al fitr, which marks the end of the holy month of ramadan. Secunder kermani reports. Hundreds of local villagers flocked to the scene of the overturned tanker this morning, despite being warned not to. In this impoverished area, they collected fuel in buckets, jerry cans, and even empty water bottles. But moments later, grief and Anguish Thousands of litres of petrol went up in flames, engulfing those nearby. Early reports suggest the blaze began when someone lit a cigarette. Translation the oil tanker capsized, people shouted, oil, oil the local Traffic Police asked people to leave, warning it may explode, then suddenly there was fire. Translation i had
Draw up a list of the greatest living filmmakers, and my guest today would surely occupy a prominent place. Werner herzog is reponsible for some of the most wildly beautiful images captured on celluloid. If you have seen fitzcarraldo, you wont have forgotten the Steamship Being hauled over a mountain. He is seen as the film industrys obsessive genius, the director who once threatened to shoot his lead actor to prevent him quitting. Afterfive decades making movies, is Werner Herzogs love of film as intense as ever . Werner herzog, welcome to hardtalk. Thank you. Lets start with the word passion. You have been making films for the best part of five decades. Does your passion for film burn as bright as ever . It hasnt stopped. There is some sort of a fire within, and in a way, i can say i havent had a career. Because career means planning, and what do i do after that step . It is always, i keep saying, it is like burglars in your kitchen in the middle of the night. You wake up at 3 00am i
Davis is pretty sure that not certain that the uk can secure a deal with the eu. Now on bbc news all the latest Business News live from singapore. From high skilled worker visas to import duties, how much can indias Prime Minister accomplished during his 48 hours in washington . And it has been almost 20 years since the asian prices tripled several economies in this region. We hear from Business Owners who lost everything. Hello and look into Asia Business report. Im sharanjit leyl. Indias Prime Minister Narendra Modi is on a visit to washington. It is his first meeting with donald trump and india us trade has grown to 115,000,000,02016 us trade has grown to 115,000,000,020 16 from 19 billion in 2000. But with rising protection in the United States and in particular a crackdown on visas for indians, it is harder to export for india. Hoping to get american and tension one stitch at a time. These products are headed to the us. 0ne one stitch at a time. These products are headed to the us
Now on bbc news, all the latest Business News live from singapore. America first or made in india . Well trump hails Narendra Modi for boosting the economy, there are several thorny issues which could make foran several thorny issues which could make for an uncomfortable visit. And as we mark the 20th Anniversary of the Asian Financial turmoil, we met with South Koreans who sacrifices we re with South Koreans who sacrifices were worth their weight in gold. Whose sacrifices. Good morning asia, hello world. It is a tuesday. Glad you could join us for this edition of Asia Business report. I am rico hizon and as we recorded on newsday, Narendra Modi hasjust met hizon and as we recorded on newsday, Narendra Modi has just met with donald trump at the white house. Both men portray themselves as outsiders and promised to bring back jobs during their campaigns. President trump had this to say about his counterpart. Thank you very much. It is a great honour to have Prime Minister Narendra Modi o