Lower that risk. Stay with us on bbc news. Boris johnson and jeremy lower that risk. Stay with us on bbc news. Borisjohnson and jeremy hunt are the final two in the race to become the next Prime Minister, after michael gove was knocked out of the contest. Time for Asia Business reports, live from singapore. Oil on troubled waters. President trump downplays irans attack on a us drone, as Energy Prices surge. So slack. Shares in the workplace messaging app soil by almost 50 in its stock market debut. Good morning, asia, hello, world. It is a friday, almost the weekend. Glad you could join us for another exciting addition of Asia Business report. Im rico hizon. Lets kick off the programme with oil, after prices spike on the Global Markets after the shooting down yesterday of a military surveillance drone over the strait of hormuz. Speaking in washington, dc, President Trump moved to ease tensions with tehran. I would imagine it was a general or somebody that made a mistake in shooting tha
The results of the latest round of voting were announced earlier. Michael gove 51. Jeremy hunt 5a. Sajid javid 38. Boris johnson 143. Rory stewart 27. Rory stewart is out. Yesterday he got the support of 37 tory mps, today 27 and that wasnt enough. Borisjohnson is top again up 17 votes on last time and almost getting the support of half the mp5. Those mps will vote again tomorrow twice if need be. And that will leave us with two candidates. The conservative partys140,000 members will then select the winner. And well get the result in latejuly. Well Rory Stewarts campaign definitely shook up this contest. And he spoke after his exit. The fact that the lib dem voters and labour voters wanted to vote for me should be something we should be proud of. Something we should embrace in this party and im disappointed also that in the end, perhaps some of the things i was saying that a no deal brexit would be catastrophic or that she cant negotiate a new deal with europe, probably proved the trut
Much more on all of our stories on oui much more on all of our stories on our website and you can get in touch with me and the team on social media. Now on bbc news, live to singapore for Asia Business report. Xijinping in north korea. Is china trying to use pyongyang as a pawn in the trade war . Losing patience. Why dropping a keyword signal is the Us Federal Reserve is ready to cut rate. Rates. Hello and welcome to Asia Business report. I am Sharanjit Leyl Asia Business report. I am Sharanjit Leyl. As we have been discussing newsday, chinas xijinping is due to arrive in north korea later today as he starts a two day trip. It is the first visit by a chinese head of state in m years, and it marks the deepening diplomatic ties between beijing and pyongyang. Our Business Reporter has been taking a look at the economic relationship between the economic relationship between the two countries. Beijing is by far the two countries. Beijing is by far the most important trading partner for pyon
Also in the programme, the latest from the paris airshow were there live and find out what the Aviation Industry is doing to address sustainability. And for markets in europe, you can see they are all heading lower. In europe we are keeping an eye on sterling with another secret ballot on the nominations to become the leader of the conservative party. And Home Sweet Home well be getting the inside track on financing your first home. Well talk to one of a new breed of firms promising to make getting a home loan quicker and slicker. Today we want to know your views on bad fashion, as ministers reject proposals to clean up the huge Environmental Impact of fast fashion and improve conditions for its workers. Let us know just use the hashtag bbcbizlive hello and welcome to business live. Do get in touch we will share your comments later. Facebook has become part of our lives ourfriends, our photos and diaries. Now, the tech giant wants to get inside your wallets. Today, its expected to laun