A bumpy road for toyota . The worlds second largest carmaker is expected to to report shrinking profits as the us market slows down. On the farm in the us we assess the impact of President Trumps policies in an industry that relies on migrant workers, even the undocumented ones. Welcome to World Business report. Im sally bundock. In a minute well itroduce you to the First American 800 billion company. We start with the worlds second biggest carmaker toyota it will report its latest set of Financial Results in just a few hours. The japanese car giant is expected reveal its had a tough quarter with operating profits falling by 30 . The key reason being a slowdown in the United States taking its toll on the business this year. This follows a record year there last year when carmakers sold 17. 6 million vehicles in the us. But it would seem, at least for now, the winning run is coming to an end in toyotas biggest market. Compared to the same period last year, the company has experienced a
Will actually achieve. Now on bbc news, all the latest Business News live from singapore. The un hits north korea with its harshest sanctions yet over its nuclear and missile programme. And trading in big bucks for cash. Sowing the seeds of a childhood dream. Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a monday. Iam marika Asia Business report. Its a monday. I am marika oi. The Un Security Council unanimously approved tougher sanctions against north korea which could cost the country 1 billion a year. The us and china agree to the new measures after a month of talks with the hope they will Pressure Pyongyang back to the negotiating table. Our reporter is on the story. Tell us the details of these new sanctions. As you mentioned, it is the toughest yet. Critically, china is on board. For these new sanctions to be effective, china needs to step up to be effective, china needs to step up to the plate, which they seem to have done. They take 90
President and this administration, really the world, wants north korea to finally step down with regard to its nuclear process. John . All right, dana bash. Fascinating interview from right there in the Demilitarized Zone in north korea, between north korea and south korea. The Vice President with a message that Military Action might be on the table, but a different message coming from inside the white house. Cnns athena jones is there. And athena, we have heard from the National Security adviser maybe some different language than the Vice President. Reporter hi, john. Thats right. H. R. Mcmaster, the National Security adviser, putting the emphasis on nonmilitary options. But john, the Central Question in all of this, or a big Central Question in all of this is what china will do. Will china do more . President trump has made it clear he wants to see China Step Up Pressure on north korea to rein in its nuclear ambitions, and he believes china can do so because china is the norths main
Strength. Important you pointed out they have counseling and the equipment they need. Reporter theyre bringing in more supplies. I see the supplies. We want to you keep your voice down as low as you can. We can hear you. Reporter more supplies. We see paramedics coming out. There have been pediatricians on the scene that have been brought in. People just with Everyday Tools that have been asked to come to try to break some of this concrete in this school, andrea. The fists have gone back up again. Im going to hand it to you. For the first time probably 15 minutes ago, they started to drill, a diamondedged drill, it looked like really into the bars sort of on the bottom level. Until then we just see people try to climb into that hole from above. As theyre able to hear whether through the Cell Phone Calls or directly from the voices of those children inside in that area known as the triangle of life, they are simply trying to
get closer. Ive got a lot of people who know more about these
Floo flighting if it does turn out to are accurate. Weve seen evidence of the ship to Ship Transfers. The u. S. Has given evidence to the panel. And we also understand from this report that they say that the north koreans are, quote, increasingly sophisticated evasion techniques, this is what they are using, they are becoming more sophisticated in their efforts to try to hide the fact that these are north korean tankers and ships at sea doing this kind of transfer. Is so certainly this will be of concern to the Security Council sanctions committee. Right. And what about south korea . They were the ones who first made this renewed connection with north korea and that ended up leading to a summit with the u. S. President. Do you expect them to respond . Reporter well, weve had no response from south korea at this point or from any of the players in the region. Certainly this report was only
handed to the committee on friday night. So there will be a lot of questions being asked about it.