Now on bbc news all the latest Business News live from singapore. The indonesian government has decided it cant bank on its partnership with jp morgan decided it cant bank on its partnership withJp Morgan Chase. We find out why. And would Virtual Reality footwear takeoff . A report from las vegas checks out the latest offering from a japanese firm. Hello and welcome to Asia Business report. The indonesian government has dropped a number of Business Partnerships with the banking giant Jp Morgan Chase following the banks decision to downgrade its assessment of indonesias equities, so could government decisions like this but the finance sectors ability to give frank and fearless advice . Earlier i spoke with our Asia Business report bonded Karishma Vaswani and asked her if the move was unprecedented. Ina move her if the move was unprecedented. In a move can, that is what indonesia has done with regards to some of the Business Partnerships it has with jp morgan some of the Business Partner
To resolve a dispute about the role of guards. The rmt is still fighting southern on the same issue. Now on bbc news, all the latest Business News live from singapore. Preparing to meet the us president. Japans by Minister Talks to the head of the un day about the auto industry. Hyundai. And the owner of Snapchat Files for share sales and hopes to raise 1 billion. It is friday glad you could join us on Asia Business report. Im rico hizon. It is becoming to be known as the trump shock. Japanese businesses are nervous about criticism from the us president. Shinzo abe will meet him next week in washington and in preparation he has cut his putting, he is getting together with toyotas boss to ward off concerns about the auto industry. One of the main issuesis auto industry. One of the main issues is the japanese yen. As you can see on this Foreign Exchange dollar chart, a lot of volatility against the us dollar. The us president has accused japan of playing the money market to take trade ad
She has been described as the uks most influential black person and is chair of the countrys biggest media agency. But how tough was it for Karen Blackett to get to the top . Shelljoin us shortly. Check this out and as Barack Obamas been spotted kite surfing in the caribbean, we want to know what would you do to unwind after eight years in a toughjob . Just use the hashtag bbcbizlive. Is hanging out with Richard Branson on your bucket list . Thank you for your thoughts. Some of which we cant mention on the programme we start with President Trumps travel ban which has faced its toughest test yet. Lawyers for the Us Justice Department have been slogging it out with those for states of washington and minnesota who want the ban repealed. The appeals Courtjudges Court in San Francisco are expected to give their decision later in this week. Lets recap. President trump has been trying to temporarily ban people entering the us from seven countries. He says this is about terror and keeping our
Immigrants after being criticised. Now for Asia Business report. Golf diplomacy, the japanese Prime Minister tees off to negotiate with President Donald Trump. We speak to singapore Education Minister as the country tries to reinvent its workforce. Welcome to Asia Business report live from singapore. The much anticipated meeting betweenjapans Prime Minister and the us President Donald Trump takes place later today. She and the other is the first asian leader to meet the president. Shinzo abe. He also was the first to congratulate him in person on the victory. He comes bearing gifts. Trade relations topped the agenda and he has reportedly put together a plan that will see Japanese Companies help create 700,000 usjobs including Japanese Investment in Infrastructure Projects such as high speed trains. We have heard from toyota, sharp and softbank which said that they will build factories and create jobs which said that they will build factories and createjobs in which said that they will
Of up to £5,000. Now on bbc news, all the latest Business News live from singapore. The American Food giant kraft heinz walks away from its proposed merger deal with unilever. And a nose for talent. Indias Perfume Industry on the unique hiring push. Welcome to Asia Business report. Now, the biggest Potential Merger Deal in corporate history is now not happening, and that is after the American Food giant kraft heinz said it was dropping its bid to buy rival unilever. The anglo Dutch Company which makes marmite, lipton tea and dove soap rejected a bid from kraft heinz on friday. Kraft heinz has said it has amicably agreed to scrap the plan. For more, here is our business reporter. I calculate that within 55 hours of the bid being submitted it has been withdrawn entirely and this will have brought together some major Global Brands that you and i know in our households such as philadelphia and kraft heinz beings. It would have brought together coleman s mustard and magnum ice cream. It wo