Seoul. Will be live in the bond route continues. The contagion when it comes to equities playing out in the asian session. We had that 600 point drop to the dow. Asianf extended in the session. A huge week when it comes to the data. Four centralbank meetings. You have australia, centralbank in the philippines and looking at the reserve bank of india. Very interesting to get any policy reaction to that fiscal situation of the tell by the latest budget. In the meantime, looking at treasury yields and the features looking at more downside and this is playing out in a negative way in asia. 30 minutes out from the oven in china and hong kong. Hang seng looked at the barometer when it comes to the bearish sentiment in this world as part of the world. David, were watching everything. There are a lot of trades play ing out. David it is getting worse as we speak. Markets open at the moment. On a markets like taiwan flip. We will at teachers on a significant decline. A lot of centralbank decisio
Virtual reality check. Its the next big thing that never quite took off. So can facebooks new gadget finally bring vr to the masses . Plus, the art of ditching the deal. Could President Trumps new strategy on iran mean the return of us sanctions . We get the views of an iranian investor. Welcome to World Business report. Im sally bundock. Also in the programme samsung boss jay y lee arrives at Seoul High Court for the first hearing of his appeal case against a five yearjail term for corruption. Well have the latest. We start in sanjose california where facebook boss Mark Zuckerbergs announced plans for this a Virtual Reality headset that you can wear anywhere and doesnt need to be plugged into a computer. The oculus go will cost 199 and be on sale early next year. Facebook is hoping the gadget will finally kick start mass interest in Virtual Reality, and get a billion people using the technology. Fans of vr think it can be used for anything from gaming to social media, communication or
You werent watching rambo for all its bursting april test your soul and to keep a child when they do so much for joining us. We begin with the backtracking of a Major Campaign pledge by koreas newly merged Main Opposition Party just under a month old the new Politics Alliance for Democracy Party was supposed to make waves in the political world by scrapping a nomination system thats been accused of being rife with corruption and bribery. The seven party was quick to pass the criticism but this too will atop the same type of system for nominating candidates for local elections in june Political Correspondent and field reports and how it may now be politics as usual the main opposition the apologists alliance for democracy announced thursday that the forty will field candidates below a Level Administration she said hows this for the june vote elections were reversing an earlier pledge to abolish the domination system altogether. The party base that decision after Opinion Survey as an int
Kerry is visiting jordan and saudi arabia. Defense secretary chuck hagel is making similar efforts in turkey. White house Officials Say president obama spoke over the phone with u. N. Secretarygeneral ban kimoon and australian Prime Minister abbott. Officials from japan and russia have seen their relations grow uneasy in recent months over the conflict in ukraine. Representatives of both governments have got together in moscow to discuss how to improve relations. More than 400 people attended the forum, including a number of business leaders. Delegates from both countries got the chance to express their take on the state of relations. Translator i am disappointed that japans imposing sanctions on russia over the crisis in ukraine. We all recognize that even a temporary halt in cooperation would make it difficult to build a relationship of trust. Translator if japan russia cant settle their territorial dispute in a manner thats acceptable to both countries, a true and stable friendship
Saudi arabia. Defense secretary chuck hagel is making similar efforts in turkey. White house Officials Say president obama spoke over the phone with u. N. Secretarygeneral ban kimoon and australian Prime Minister abbott. Officials from japan and russia have seen their relations grow uneasy in recent months over the conflict in ukraine. Representatives of both governments have got together in moscow to discuss how to improve relations. More than 400 people attended the forum, including a number of business leaders. Delegates from both countries got the chance to express their take on the state of relations. Translator i am disappointed that japans imposing sanctions on russia over the crisis in ukraine. We all recognize that even a temporary halt in cooperation would make it difficult to build a relationship of trust. Translator if japan russia cant settle their territorial dispute in a manner thats acceptable to both countries, a true and stable friendship will be established. He was r