wiped out the last of its gains made for the year so far. some of the heaviest losses came in from the big tech stocks which sent the nasdaq composite to a market leading loss of nearly 1.9%. shares of chinese real estate giant evergrande jumped by 28% as trading resumed in hong kong, after being halted last week. we will put up those figures for you as well, and as you can see the debt laden developer s stock market valuation has fallen by almost 99% sincejuly valuation has fallen by almost 99% since july 2020. valuation has fallen by almost 99% sincejuly 2020. we should also point out that it is a penny stock at this stage, just to put those numbers in context as well. 0ver to put those numbers in context as well. over the last year, it has come to light that the evergrande company is the world s most indebted developer, with liabilities at over $300 billion. but it s not alone. 0thersmaller over $300 billion. but it s not alone. other smaller developers have also defaulted
countries in asia. we ll hear how the money will help in a moment. voice-over: live from our studio in singapore, - this is bbc news. it s newsday. hello and welcome to the programme. we begin in the united states where a key witness at the hush money trial of donald trump has told the court in new york how he suppressed negative stories about the former president to help him win the 2016 election. the court heard today how the then candidate picked up the phone and called this man, david pecker, former publisher of a tabloid, the national enquirer, to discuss whether to pay off a playboy model who was shopping around a story of having a year long affair with trump. before the trial resumed though, thejudge held a fiery hearing to determine if mr trump violated a gag order, which bans the former president from verbally attacking the jury and witnesses. this was donald trump s response. well, i think the gag order is totally unconstitutional. can t even allow articles to be pu
words. but i think what is happening, these are people who are anti trump supporters, people who have said. they have set, i want my chance to vote for him, against him, sorry, for a third time. so people do not want a manhattan district attorney deciding the outcome of the us election. the voters need to decide. if you do not like donald trump, which plenty of people do not, they do not vote for him in november. but people do not, they do not vote for him in november. him in november. but doesn t it shock you him in november. but doesn t it shock you that him in november. but doesn t it shock you that you him in november. but doesn t it shock you that you might - him in november. but doesn t it shock you that you might be - him in november. but doesn t it i shock you that you might be voting for a man who falsified business records to pay hush money? if he is found guilty of that, what do you think about that? i found guilty of that, what do you think about that? thi
we ll return to that news shortly, but now let s turn to what s been described as one of the worst miscarriages ofjustice in british legal history the post office scandal. an inquiry is examining how the faulty it system, known as horizon, led to hundreds of people who ran post offices being wrongly convicted of theft and fraud. today, former managing director david smith was questioned about the trial of seema misra a sub postmistress wronglyjailed while pregnant for stealing despite evidence the post office knew of software faults. 1a years later, smith has apologised to seema take a listen. we re nowjoined by seema herself. i saw some of the post office hearing today and i wonder what your thoughts were when you saw the evidence from david smith, who had written an e mail after your conviction, talking about it being brilliant news. i wonder how you have felt today? brilliant news. i wonder how you have felt today? seen the image before, have felt today? seen the im