we start in the uk, where we now have a new finance minister after a night of high political drama. the former chancellor rishi sunak handed in his resignation on tuesday evening, citing a failure of leadership from the prime minister in his handling of the latest political scandal. this left the top finance job up in the airfor a few hours before nadim zahawi was appointed as the new chancellor of the exchequer. this comes at a critical time for the economy as the uk grapples with a cost of living crisis and rising inflation. this was acknowledged in rishi sunak s resignation letter. he said: now, this is being read by some as a defence for current high taxes which could mean that the new man in the job may have been brought in to change that. so what can we expect from the new chancellor? i m joined byjustin urquhart stewart founder of the investment platform regionally. justin, platform regionally. good morning to you. so, justin, good morning to you. so, let s talk abou
I phone sales continue to slide apple reports sales of its smartphone fell 12 percent in the recent quarter but says its Services Revenue is making up for it. Also on the show chinese tech giant huawei points to strong sales in the 1st half year despite being blacklisted by washington is that the full picture of its business. And a beer Bottle Bottleneck is leaving belgian brewers high and dry well give you the details. This is your Business Report from Stephen Beers in berlin thanks for watching we start the show with a mixed bag of Apple Earnings results the i phone maker saw its profits slide 13 percent to 10000000000. 00 in the last quarter but it appears that the companys attempts to grow its Services Business are Bearing Fruit Services Revenue grew to a new record of close to 12000000000. 00 the figures feat analyst expectations. And for more on this lets check in now with our financial correspondent in new york jose luis de haro it was a nice as always to see you so whats the Ma
You see. An exclusive report from a destroyed city. Starts october 24th on d. W. This is. A show coming up does the road to peace in hong kong pass through its highest office. Is hong kong. Is it time she represented the people of hong kong instead of hong kong tells us. Selfie shutdown why police are getting tough on photo fanatics. Im not. Im british welcome to news asia its good to have you with us for 4 months now the streets of hong kong have regularly looked like this battle zones that c. B. P. To the rest and injuries and there doesnt appear to be a visible way out of the crisis but what if its Chief Executive could hold the key a Member Of Parliament the Legislative Council thinks so michael t. M. Is seen as a Poor Stablished voice in hong kong and hes also a member of. Parliament the National Peoples congress he spoke to correspondent in hong kong i think and do you think that the government can find a way out of this crisis yes from day one. Because what they may draw d. Of t
The Australian government has said it will not cancel the controversial 99-year lease of Darwin Port to a Chinese operator. The announcement came afte.
Talks are being explored as the South Pacific is no longer regarded as the ‘hole of the Asia-Pacific doughnut’, and China is looking to cement an economic foothold in the region.