Launching a missile over northern japan. As Tropical Storm harvey batters the production hub in the us, we will look at the impact on the industry. Bits tuesday, good morning, asia. Hello, world. Glad you could join us. Its. A missile flew over northern japan before catching into the sea. Landing in the sea. The japanese government says this latest Missile Launch is a threat that tokyo will respond to firmly. They call it a clear violation of un resolutions. The asian markets have opened, and for the reaction on how it will be trading, we arejoined by my colleague. Whats happening . Japan, australia and china have opened lower, japan and a four month low. Similar conditions in south korea. Not down by a huge amount. With the japanese yen, it is rising to a high against many currencies including the us dollar, because it is seen as a safe haven for investors in times of crisis. It seems that this reaction, it does seem somewhat unusual and overblown. What we saw this time around was a m
Myanmar as violence continues in Rakhine State and refugees continue to flee. Live from our studios in singapore and london, this is bbc world news. Its newsday. Thank you forjoining us. It is 7am in singapore and 8am injapan where people in the north of the country are waking up to the news that a north Korean Missile has flown over them in the last two hours. It flew from pyongyang to hokkaido and landed in the sea beasts of the cape. East. Shinzo abe called it a great threat to his country. We cross to tokyo to repeat with the pace. Is this the first time a missile has passed overjapan . Pace. Is this the first time a missile has passed overjapan7m this is a Ballistic Missile at a military missile, then, yes, this would the an unprecedented step for the North Koreans to do this. Be. They fired rockets overjapan twice in the past. One saint 1988 and once in 2009. In the past. One saint 1988 and once in 2009. Once in. But in those occasions pyongyang said they were satellites, civilia
Its 8am in singapore, and 9am injapan where people in the north of the country are waking up to the news that a north Korean Missile has flown over them in the last two hours. Fired from sunan near pyongyang in north korea, it made its way towards the island of hokkaido and landed in the sea 12,000 kilometres east of cape erimo. Shinzo abe the Prime Minister ofjapan has called it an unprecedented, serious and grave threat to his country. Rupert Wingfield Hayes is in tokyo. Japanese cabinet officials have said that they would be taking appropriate steps in response. What could the response be . There is not a great deal that japan could the response be . There is not a great deal thatjapan can do. They have already imposed very tough sanctions on north korea. There is basically no trading or relationship between japan and in basically no trading or relationship betweenjapan and in to north korea. Japan has reinstalled Ballistic Missile systems, they are now practising with civil defence
Another 1 in europe, the impact of the euro, now it is 1. 20 yeah. Most of it happened friday i cant say it was that much of a move, felt like the cap stone of a huge move it was almost a parody earlier this year. Now at a buck 20 theres the euro, 1. 193 it was 1. 17 and change, just under 1. 18, then went up to 1. 20, led by a pound at some point, and all based on comments from jackson hole. Doesnt say things are awful, i guess the implication, take it another 10 higher. She didnt say things were great. People know all right. Well get to texas in a minute first, an important corporate story to tell you about after a bizarre ceo search, wasnt it . Finally chosen, uber has, expedia Ceo Dara Khosrowshahi to be the next chief executive, he has been with expedia since 2005, credited with expanding the global presence. He immigrated to the United States from iran in the late 70s. He says he was the truth pick for uber he has been very inquisitive, visionary, i guess barry diller met him whe