Plenty more on bbc. Com. You can reach me on social media. Now on bbc news, live to singapore for Asia Business report. Hong kong airport protest. Authorities restore services as demonstrators continue to target terminals. Will flying cars take off . Its been the pipedream of inventors for more than a century. Will it ever become reality . Good morning asia. Hello, world its tuesday, great to be back and thanks forjoining us for this edition of Asia Business report, im rico hizon in singapore and we start in hong kong. The main airport in the city remains the focal point of pro democracy demonstrations as Authorities Say operations have resumed this morning. Yesterday afternoon all passenger flights were cancelled as thousands of processes converged on terminals. Earlier i asked Frank Mcmahon from the Fraser Institute how much the protests will impact hong kongs economy. Its potentially disastrous for both. Its tremendously important that the airport get open again. Sadly, this is also
We and higher fuel costs. Will we and higherfuel costs. Will have we and higher fuel costs. Will have the details. We and higherfuel costs. Will have the details. Europe markets we will have the details. European markets look like this at the start ofa markets look like this at the start of a big week, another big week for European Central bank, will have details on what is moving those numbers. And sweating it for the planet well meet one company thats making activewearfrom recycled plastic bottles. And today we want to know about your morning routine. From resisting the Snooze Button to preparing meals the night before what are your top tips for a calm start to the day . Let us know just use the hashtag bbcbizlive keep it clean a calm and relaxing start to the day, certainly not working here keep those comments coming in. Well run you through some of the safe ones a little later. But we start the programme with this. We start with the trade war between the us and china, which is perh
The door. Doordash. Survey hear from the monkey ceo. First to our top story, job numbers came out friday while overall payroll gains were up in july along with a rise in hourly earnings. That wasnt enough to keep stocks out of the red, the worst week of 2019. This as President Trump decided to ratchet up the trade war with china, announcing a slew of new tariffs for the start of september, and dont forget the fed cutting Interest Rates for the First Time Since 2008. A move chairman powell describes as a midcycle adjustment to keep the economy expanding. , the ceoom thibodeau and our editor mike regan. Why were markets caught off guard by the president s escalation of the trade war, when really there has been no end in sight. G20f you look back to the meeting last month, there seems , if not progress, at least 80 escalation of tensions. When we started the week, President Trump was tweeting on monday about china, criticizing them. At that point it didnt seem like he was ready to escalat
Chief diplomat. Secretary of state mike pompeo expected to push the Mexican Foreign minister toward a safe third country agreement, but with 45 days left in the window in which mexico is supposed to curb illegal immigration at the southern border, they are signaling they may not actually be onboard. And breaking news tonight from the strait of hormuz, President Trump labeling iran as nothing but trouble as u. S. Officials say Iranian Forces seized two oil tankers. In the meantime, iran is denying a claim by President Trump and the pentagon that an american warship destroyed one of their drones yesterday above the strait. All of this coming as the u. S. Says hundreds more sends hundreds more troops to the volatile region. National security correspondent Jennifer Griffin has more tonight from the pentagon. Reporter gregg, iran says it has seized two oil tankers today; one british, the other liberian. The National Security council issued the following statement after initial reports of th
Growth and increasing concerns about a slowdown in the countrys Manufacturing Sector. And shares in british Recruiter Hays a profit warning and Boris Johnson and Jeremy Johnson clash over no deal construction in their next bid to become Prime Minister lets start off by looking at how some of the markets are fairing. Yesterday in wall street we had a bit of a moderate session as the dow had its third negative session in a row s p ended the day moderately higher nasdaq up half a percentage point. Moderate gains for u. S. Equities asia pretty well mixed we did have the china inflation data coming out overnight. The ppi data had flat lined. As a consequence, we saw a little bit of weakness the shanghai down to the tune of 1 4 of a percentage point the theme in europe, we have stox down. 10 of a percentage point. Switching on though to look at the breakdown in the individual respective markets, and you can see that the ftse 100, which will come up in a second, is the relative outperformer a