the earliest galaxies. live from our studio in singapore, this is bbc news it s newsday. it s 8am in singapore, and 9am injapan where a private funeral will be held in tokyo later, for the former prime minister shinzo abe, who died after being shot while at a political campaign event. mourners have streamed into a temple in tokyo to pay their respects. these are scenes from a vigil at the zojoji temple. world leaders have also paid tribute. the us secretary of state, antony blinken, said mr abe did more than anyone to elevate the relationship between their two countries. rupert wingfield hayes reports from tokyo. shinzo abe was a fresh faced 52 year old when he shocked everyone by becoming japan s youngest postwar prime minister. it did not go well. and in less than a year, he was gone. five years later, he plotted his return with a new hairstyle and a new slogan. and this time, he stayed, for eight years, longer than any other postwar japanese leader. today, japan is layin
Earlier we saw the Australian Market opening lower. Business reporter Suranjana Tewari is across the story from oui newsroom. Oil prices expected to rise at the start of the asia trading day. Although a lot of this has been priced in. On friday, oil prices were at a six month high. Thats because investors really expected that iran would retaliate on that suspected Israeli Attack at the beginning of the month. Traders say any gains will depend on the scale of israels response. I think well see volatility, i think that will be on the framework. If there were to be some sort of counter move by israel i think that would rock it markets very much to the upside as far as crude oil in the us dollar as a safe haven. We see how this all plays with it but i do expect the markets to appreciate in value, itjust depends on how significant this response is going to be. Or is it can be any response from israel. Shipping that oil could also be affected. Around a fifth of the world consumption of oil g
Military commanders. Us Officials Say President Joe Biden told israels Prime Minister, benjamin netanyahu, to think very carefully about his response after israel vowed to exact a price from iran, at a time of its choosing. The Un Security Council convened an Emergency Session on sunday to discuss the crisis. Opening the meeting, the uns secretary general, antonio guterres, told diplomats, its vital to avoid any action that could lead to Major Military confrontations on multiple fronts in the middle east. Adding, civilians are already bearing the brunt and paying the highest price. But israels ambassador rejected the call for the violence to stop saying this attack crossed every red line and israel reserves the legal right to retaliate. He said it was vital to israels future to respond to the attack. A nation of lions. But irans ambassador defended his nations actions have a listen. We are never seeking to contribute to the spread of the conflict contribute to the spread of the confli
Hong kong has started trading this morning and have opened lower this morning and have opened lower as this morning and have opened lower as well, as has australias market. Business reporter Suranjana Tewari is across the story from oui newsroom. Oil prices expected to rise at the start of the asia trading day. Although a lot of this has been priced in. On friday, oil prices were at a six month high. Thats because investors really expected that iran would retaliate on that suspected Israeli Attack at the beginning of the month. Traders say any gains will depend on the scale of israels response. I think well see volatility, i think that will be on the framework. If there were to be some sort of counter move by israel, i think that would Rocket Markets very much to the upside as far as crude oil and the us dollar as a safe haven. We see how this all plays with it, but i do expect the markets to appreciate in value, itjust depends on how significant this response is going to be. Or is it
And all of the key markets are down by nearly 1 . Why such a bad start to the trading week . We talk you through the winners and losers. And well be getting the inside track on baby food. Its a huge market worth 53 billion. And were speaking to the mum who couldnt find what she wanted in the shops, so she started her own organic business. And we want to hear from you today do you still trust samsung . The 58 will be out soon. Would you buy another Samsung Phone . Let us know. Welcome to the programme. The start of a new business week. Do get in touch, whether it is about samsung, baby food or any the other stories. Lets start in south korea. Korean Electronics Giant samsung has released the results of its investigation into its flagship galaxy note 7 smartphones. In october last year the phones were recalled because some had overheated and caught fire. The pictures were all over social media. The company today confirmed problems with the design, saying the manufacturing of batteries wa