More on our website, bbc. Co. Uk news, and the news app. Now on bbc news, live to singapore for Asia Business report. Trump signsa trump signs a key hong kong legislation. The move backing pro democracy demonstrators comes in the face of angry objections from china. Protests and investments. A trade minister in chile tells me why his country is open for business despite wave of violent demonstrations. Good morning, asia, hello, world. Yes, it is a thursday. Glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets start off with the hong kong protests, because us President Donald Trump has signed into law congressional legislation backing the pro democracy protesters. The move comes despite angry objections from beijing, the us and china had been close to reaching a phase i deal to end their bitter trade war. Michael mccarthy joins end their bitter trade war. Michael mccarthyjoins me now end their bitter trade war. Michael mccarthy joins me now f
Lets get a check on the market stocks higher to close the week. The s p 500 and nasdaq are on track for the worst week and shares of boeing, the big dow winner is up 4 . Well have much more on that story later on. Melissa, we begin with confusion at the fed and the president throwing another haymaker, the new york fed president John Williams with some market moving comments yesterday interpreted by some as signaling an aggressive rate cut. The new york fed later walked back those comments. The president tweeting today in part i like new york fed president John Williams first statement much better than his second statement his first statement is 100 correct in that the fed raised too fast and too early Steve Liesman joining us now with fresh. Lets do this one by one. Fresh fed speak first. Thank you. Speaking at the same conference where william spoke yesterday turned up that dust said moments ago the fed needs to follow through on what he said was a promise made to markets made in june
A commission of inquiry into state corruption during his 9 years in office zuma concluded his 4th day of testimony after withdrawing from proceedings saying he was being treated unfairly but later said he would return to the witness stand while South Africans are looking for answers the promise of a corruption free south africa appears to be elusive leader mullah aljazeera Pretoria South Africa thousands of algerians have returned to the streets once again to demand a change of government oh wow wow its the 22nd week since the protests began across the country the demonstrations led to president underlies this beautifully because resignation ending his 20 year rule the mass rallies continued one with a flea in close known allies were kept in government protesters say they want complete political overhaul and the ruling elite be held accountable for corruption. Turkey says its work lanes on drones have hit multiple targets in the kurdish region of Northern Iraq near strikes were in resp
Suffering several bouts of shaking in public in recent weeks the conservative leader who turned 65 on wednesday has been in office since 2005 she said she understands the concerns but insisted she is feeling good its meant as a person i also have a high personal interest in my health because 2021 is the end of my political work but then i hope that there will be another life and i would like to continue that healthy on this from dominic came in belin. Questions 1st emerged about angular merkels health several weeks ago when she suffered a bout of shaking during the fischel ceremony welcoming a head of government to the german capital at the time she shrugged off the suggestions of her poor health saying it was dehydration but repeated instances of shaking during official visits had renewed speculation about her health but in the News Conference on friday where she spoke to the worlds media for an hour and a half fielding dozens of questions one question about her health she treated in
A conflict of interest she wants both the president and c. E. O. Of the company governed watson investigated for Money Laundering this is gone beyond the parameters of simply a parliamentary misdemeanor it has got into the realms of criminal justice and certainly it will provide ammunition for several rummel pools of enemies within them within the a. N. C. Who we know are many to go after his continued leadership of the party the Public Protectors verdict means that im up or so i will have to declare all donations to his campaign within 30 days the president says hell study the report and make a decision on any further action corruption continues to be an issue the governing African National congress is battling not only is president facing a scandal of his own his predecessor president jacob zuma is appearing some would say reluctantly before a commission of inquiry into state corruption during his 9 years in all. Zuma concluded his 4th day of testimony often withdrawing from proceedi