And the top story in the uk now on bbc news live to singapore for Asia Business report. Share prices slump on recession fears. Asian markets follow wall street lower as warnings are flashed. Walmart versus the trade war. How will it impact the worlds biggest retailer . Good morning asia, hello world. It is the first day, glad we can join hello world. It is the first day, glad we canjoin you. An hello world. It is the first day, glad we can join you. An exciting overnight action it was for us markets after they fell by 3 . The main indexes, the dow, the s p, and of course the nasdaq, and now asian markets are open for trading and they have opened sharply lower. The nikkei down1. 8 , and they have opened sharply lower. The nikkei down 1. 8 , and the all ordinaries giving back 1. 8 . This is all about fears of us china trade war. At the moment, the us Financial Markets have begun trading and investors have started selling. Wea k and investors have started selling. Weak Economic Data from
Ill be talking to our Asia Business hub to find out how markets are reacting to the big losses on wall street. A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. Also we would love to hear from you. Today were talking about finland. From 2020, workers in finland will be able to decide when and where they work for at least half of their hours. Finland is being praised for being at the forefront of flexible working. Tell us what you think, just use bbcthebriefing. We begin in india today. In a major speech, indias Prime Minister has described his governments much criticised decision to revoke the special status of indian administered kashmir after seven decades as a major achievement. Narendra modi has been giving a nationwide broadcast to mark indias Independence Day, his first since he won a massive election mandate. The disputed region has been in lockdown for more than a week, with internet and phones cut off, and hundreds of peo
Stay with us for all the International News and business stories here on the bbc. And you can visit our website as bbc. Com news. Now on bbc news, live to singapore for Asia Business report. Huaweis blast list delay, the us ban on the Chinese Technology wont come into force for another 90 days blacklist delay. And hong kongs social media action. Twitter and facebook steak steps to block what they describe as a state backed Chinese Misinformation Campaign. Hello, and welcome to business report. Im sharanjit leyl. Well begin with huawei. The us has its ban on the company for another 90 days. It originally blacklisted the company in may, citing security concerns. It then granted a temporary permit. That was due to expire on monday. Well, everybodys had plenty of notice, theres been discussions with the president and the president has made clear in his announcements yesterday that he is very concerned about more dealings with huawei. Mr ross also said another 46 huawei affiliates would be
A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And you can be part of the conversation. Tell us what you think, just use the hashtag bbcthebriefing. Hong kongs leader carrie lam has said she hopes a non violent weekend protest that saw hundreds of thousands take to the streets in an Anti Government rally was the beginning of efforts to restore peace in the chinese ruled city. Sundays protest was the calmest since the latest demonstrations against perceived creeping beijing influence in the former british colony escalated in mid june. Ms lam also said the would immediately set up a platform to hold dialogue with people of all backgrounds. To address some anxieties and differences in society, we will start immediately a platform for dialogue with people from all walks of life. So this is something that we want to do in a very sincere and humble manner. I and my principal officials are committed to listen to what the people have t
A warm welcome to the programme, briefing you on all you need to know in global news, business and sport. And our talking point for today scientists in the us have found that optimists live longer than pessimists in fact, up to 15 longer. So are you a Glass Half Full type of person . Do you agree that thinking positively will add years on to your life . Tell us what you think just use the hashtag bbcthebriefing. The pharmaceutical companyjohnson and johnson says it will appeal against a judges ruling, and a fine of more than half a billion dollars, for involvement in the us Opioid Epidemic. The attorney general of the american state of oklahoma said that Marketing Campaigns by the company caused thousands of deaths by fuelling addiction to pain killers. Heres our north america correspondent, peter bowes. The scourge of risk in drug abuse. An opioid academic that has claimed almost 400,000 lives in over two decades epidemic. Now a landmark ruling after the state of oklahoma accused John