With aaron and World Business report. Never mind those Exploding Phones samsungs on track for its best profit in years and pledges to put the Galaxy Note 7 debacle behind it. Plus, technology, trade and trump. The boss of sony tells us why goods and information must keep flowing freely. Welcome to World Business report. Im aaron heslehurst. Also coming up, mr trump locks horns with toyota over plans to build a new car plant in mexico. But first we start with samsung. In the last few hours South Korean Tech Giant has said its on track for the best quarterly profits in more than three years. Its a major boost for the company after the exploding Smartphone Scandal that put a serious dent in its reputation. Lets give you the numbers. In the three months to the end of december, samsung is forecasting profits of 7. 8 billion. Thats up by half on the same period last year, much better than expected and the best quarter since mid 2013. That might come as a surprise as we know samsung was force
In hong kong where it is just after 8 00 a. M. Is just after 7 00 p. M. Here in new york and i am julie hyman. Out of the u. S. That President Trump has fulfilled his Campaign Promise to get rid of the transpacific partnership. Obviously that has implications not just in the u. S. But around the globe so what we are waiting for our reactions, particularly from china to see what they will have to say about this. China trump is also talking about renegotiating nafta. Trade relations will be will they be a lot of fill this void in the global trade sphere. It makes for a mixed picture in asian markets. Exporters are going to be the ones to watch today, given the tone set by trump overnight. The dollar is some thing they are watching very closely even a strongcomment that dollar could have a negative shortterm impact on the economy. 113 dollars mark there. We are also seeing a jump in gold. It touched a twomonth high earlier. We are seeing a pickup in gold holding for a fifth day. Itlook at
He was 86, and was suffering from a long illness. The labour leader, jeremy corbyn, called him constant friend. Now lets crossover live to singapore. Nokia goes back to the future. We will have the latest on the new designs from the phone maker. Will be new handset their success . And if the stress in yourjob is getting over your head, with a Fitness Session make you more productive, or are companies wasting their money . Would a Fitness Session. Hello and welcome to Asia Business report. Iam sharanjit and welcome to Asia Business report. I am sharanjit leyl. Nokia has reinvented its 3310 handset which was very popular 15 years ago. This is what it looks like now. It promises to be a simple phone with a battery that will last a week. With limited access to the internet, will anyone actually be interested . The new model was unveiled at the mobile World Congress in barcelona, and our Technology Correspondent is there. Barcelona, and as the Mobile Phone Industry arise for its annual jamb
We are 30 minutes away from the open in china and hong kong. A down market at the start of this trading week. A lot of event risks on the horizon. We hear from President Trump in of first joint Session Congress speech. We are seeing a stronger yen, weighing down the japanese markets. Lets get straight to Sophie Kamaruddin at the market board for the latest. Asian i down monday for stocks after a weekly gain of. 5 . A lot of event risks on the horizon given trump and yellen due to speak. Gdp datahe lookout for from india, australia, china pmi , Housing Starts and capital spending. Inanese shares focused today. , so setei 225 down. 9 for a fourth day of declines. Some equity movers in focus, toshiba falling 3 , the day to day swings as speculation around its chip unit sale. Friday, it announced it may consider selling a majority stake in its chip unit to a thirdparty, but chipmakers also in the red. In korea, the kospi in the red. Deepening losses. Dram chip price growth has slowed in fe
Trump lays out his vision but wall street is unimpressed with detail on tax and economic reform scarce. Virtual reality versus Augmented Reality. We make sense of this latest technology that promises to revolutionise your day to day experience. Welcome to World Business report. Im sally bundock. Also in the programme the wonderfrom down under. Australia managed to avoid recession in 2016. Details in a moment. But first. As youve been hearing, President Trump has addressed a Joint Session Of Congress for the First Time Since taking office. In a highly anticipated speech, he spoke of restarting the engine of the american economy. The president reiterated his intention to slash Corporation Tax in the us and provide tax breaks to middle class americans. At the same time, he announced hell be asking congress to approve legislation which will result in 1 trillion worth of investment in us infrastructure. He also called for what he describes as one of the largest increases in National Defence