Business news live from singapore. 2016 was the year of surprises, so whats in store for the Global Economy in 2017 . We get some predictions. And got milk . We visit an indian dairy of looking to pump out healthier products. Good morning, asia. Hello, world. Happy holidays, everyone. Glad you could join us for this friday edition of Asia Business report, im rico hizon. If theres anything we can learn from 2016 it might be to expect the unexpected. The uk voted to leave the eu and the election of donald trump as us president certainly defied expectations of many forecasters, but both events could have a large effect on the coming year. So what storms could be on the radarfor coming year. So what storms could be on the radar for 2017 . Coming year. So what storms could be on the radarfor 2017 . Earlier i asked Simon Littlewood from the asia now consultancy group. There might no one agrees but there are three scenarios for global growth, one is a slow recovery, two is a fast recovery and
Investors holding fire. We will find out why later in the programme. Will the music stop playing for the dj who founded his own social media start up . Later in the programme well speak to the young entrepreneur hoping to connect students on campus. Today we want to know. And netflix are reported to be working on choose your own adventure tv programmes, with actors filming alternative endings, so let us know, what Ending Withjuly alternative endings, so let us know, what ending with july to alternative endings, so let us know, what Ending Withjuly to change . What Ending Withjuly to change . What Ending Withjuly to change . What ending would you like to change . Just use the hashtag bbcbizlive. Welcome to the programme. European car makers are gathered in geneva for the annual motor show, and they are celebrating record breaking sales figures. More than 15 million cars were sold in europe last year thats the best result since the financial crisis. But a sneaky peak under the bonnet of
Swallowing up five smaller rivals. Will the new mega bank be able to compete globally . And it is the final countdown, singapore turns of its two G Wireless Network this weekend, rendering old phones useless. 2g. Its a friday, everyone, good morning, asia, hello, world, thanks for watching the Asia Business report, im rico hizon. Does bigger mean better when it comes to Financial Institutions . This weekend five indian banks will begin the process of merging with the state bank of india. Its already the countrys largest bank but after the merger it will be one of the largest in the world. The government hopes the move will clean up the system and get banks performing again. We ta ke and get banks performing again. We take a look. Hsbc, bank of china, bnp paribas, Jp Morgan Chase they are some of the largest banks in the world and now an indian bank will bejoining their ranks. The state bank of india, indias largest Public Sector bank, is merging with five subsidiaries. It will create a
Heartened by the fact that tillerson is in moscow, that he is talking to the russians who are talking back to him, if not necessarily politely. This was an camera, for the sake of the journalist in our look outside the journalist in our look outside the room and once anyone leaves the room it is what matters inside the room. It is interesting that putin said that he was not aware that it was possible for the Russian American relationship to deteriorate underobama, and he american relationship to deteriorate under obama, and he is now saying it is really bad, considering he went to so much effort to fix the us election, you must be really annoyed. It is like youre watching annoyed. It is like youre watching a film. This is, were laughing about it, but this is serious, the us navy, as donald trump says very powerful submarines, heading towards the korean peninsula, you have russia america saying the one step away from law. Wanted away from the war. Now, it is all serious. Luckily, i thin
Was available last year, the result might have been very different. How are you feeling . Delighted. Last week, two former Barclays Traders, ryan reich and stella yost, walked free from court, cleared of Conspiracy To Defraud by reading Interest Rates. It was the end of a long battle to clear their names reading. Im very happy. This has been fired and a half years of my life and i just want to go been fired and a half years of my life and ijust want to go back been fired and a half years of my life and i just want to go back to my family. Thats it. Thank you very much. Sometimes i look at it and i think im ina sometimes i look at it and i think im in a bad movie. Itsjust something completely. If you had told me this ten years ago i would have said youre mad. It has destroyed big parts of my life, my career, totally gone. Im sad people are injailwhen career, totally gone. Im sad people are injail when they career, totally gone. Im sad people are in jail when they shouldnt be. Thats my o