Them that a proposed deal between the conservatives and the democratic unionists, wouldnt affect the prospects of restoring power sharing at stormont. Us authorities seize assets worth over half 1 billion in a Money Laundering scandal surrounding malaysias Sovereign Wealth Fund. And wind, solar, or hydro. A look at kaza khsta n and wind, solar, or hydro. A look at kazakhstan and their plans for renewable energy. Good morning, asia. Hello, world. Welcome to todays edition of Asia Business report. Im sharanjit leyl. Its a friday. From a picasso painting to a jim carrey movie. Us authorities are seizing assets worth half 1 billion as part of a global Money Laundering case. The items were allegedly purchased using money diverted from malaysias Sovereign Wealth Fund 1mdb. We have all details. Us authorities are moving in on a number of items. They include a picasso building and an apartment in manhattan. Also the rights to several hollywood films, likejim ca rreys several hollywood films, l
On safety grounds, and in some cases residents are not getting enough to eat or drink. Now on bbc news, all the latest Business News live from singapore. Despite all the scandals, samsung still appears to be making a lot of money. And the 620 meets in germany. We look at how americas protectionist stance is affecting its global position. Hello and welcome to Asia Business report. I am sharanjit welcome to Asia Business report. I am shara njit leyl. Welcome to Asia Business report. I am sharanjit leyl. From exploding mobile phone batteries to its Chief Executive being behind bars, samsung has had its share of scandals, lately. Despite all about, has had its share of scandals, lately. Despite allabout, it has had its share of scandals, lately. Despite all about, it is more money than apple in the First Quarterfor more money than apple in the First Quarter for the first time, with profit coming in at over 12 billion. And as this mobile research a nalyst billion. And as this mobile Researc
Business news live from singapore. Foxconn announced a ten Million Dollar investment to build a Manufacturing Plant in the united states. On facebook reports a major bump in profits. Hello and welcome to Asia Business report. I am sharanjit leyl. To Asia Business report. I am shara njit leyl. Taiwanese Electronics Manufacturer foxconn Just Announced plans to build a Flat Panel Screen Plant in the united states. At an elaborate Press Conference in the white house a short while ago, foxconn said it is investing million 10 million. I asked our correspondent how big a deal this is for the us economy. President trump campaigned on the idea of bringing Manufacturing Jobs back to the united states, especially in americas heartland. So certainly from his perspective, and from his bases perspective, this is a really big win. You see this is a really big win. You see this Company Coming in, investing 10 million, that is going to create 3000 jobs, and is just 10 million, that is going to create 3
After brexit during any transitional period. Now on bbc news, all the latest Business News live from singapore. Interest rates take centre stage this week in australia and india us. Taking a closer look at the business calendar and what you need to know. Japan start up rates are the lowest in the world. Can these young inventors jumpsta rt the economy in the world. Can these young inventors jumpstart the economy of japan . Good morning, asia. Hello, world. Welcome to another edition of Asia Business report. Its a monday. It is gearing up to be a big week for corporate earnings and Monetary Policy in the region. Later today, we expect Quarterly Earnings from japans panasonic and british lender hsbc. On tuesday, the Reserve Bank Of Australia gets together, expected to keep Interest Rates at i. 5 . Midweek, indias reserve bank will decide on rates. Rio tinto will give interim earnings as well. Here are more details. If you look at what has been good in the japan economy, it is technologic
Indias Finance Minister tells the bbc his decision to pull large banknotes from his nation was justified. And we find out more about a 7 billion refinery being built in malaysia. Good morning, asia. Hello, world. Thank you for investing your time in Asia Business report. Its a tuesday. I am sharanjit leyl. Report. Its a tuesday. I am shara njit leyl. India report. Its a tuesday. I am sharanjit leyl. India will release its Fourth Quarter gdp figures in just a few hours. And those will give us a very good indication of what impact the governments the Monetisation Drive has had. They banned five types of notes last year to crack down on illegal cash holding and counterfeit notes. But It Hit Agriculture and industry hard. We report. Three months ago, these tomatoes were ripe and ready to be harvested. This field would have produced about 30,000 kilos of them. But this farmer simply had to let them go after the government withdrew most of indias Currency Notes in november last year. People