Now on bbc news all the latest Business News live from singapore. The indonesian government has decided it cant bank on its partnership with jp morgan decided it cant bank on its partnership withJp Morgan Chase. We find out why. And would Virtual Reality footwear takeoff . A report from las vegas checks out the latest offering from a japanese firm. Hello and welcome to Asia Business report. The indonesian government has dropped a number of Business Partnerships with the banking giant Jp Morgan Chase following the banks decision to downgrade its assessment of indonesias equities, so could government decisions like this but the finance sectors ability to give frank and fearless advice . Earlier i spoke with our Asia Business report bonded Karishma Vaswani and asked her if the move was unprecedented. Ina move her if the move was unprecedented. In a move can, that is what indonesia has done with regards to some of the Business Partnerships it has with jp morgan some of the Business Partnerships it has withJp Morgan Chase and this isnt the first time indonesia has punished the bank for what it believes are unfair and in the words of some Finance Minister ee officials theres been a lack of credibility in some of their assessments, Jp Morgan Chase assessments, Jp Morgan Chase assessments of indonesias equities. But the fact theres been such an outcry from the indonesian government, that seems unprecedented. Companies have complained before about assessments from banks and ratings agencies, thats normal not to be pleased with the way a bank or Ratings Agency assesses you, but to cut off business ties seems like quite a harsh decision. Should banks be held responsible for influencing fundamentals and psychology . Those are the words of the Finance Minister. Yes, she is a well respected Finance Minister and the former finance the rector of the world bank and she gets how this game is played, she knows Investment Banks have Research Arms in their institutions that often make calls on equities and the economic fundamentals of a country while advising the country that they are reporting on. She understands this but some of the words she has used in her description of the Equity Situation, orJp Morgan Chase boss assessment of the Equity Situation in indonesia, they have taken many by surprise. Theyve talked about the factJp Morgan Chase a special partner, a partner with special privileges i should say and that comes with big responsibilities. Responsibilities that include creating a Positive Psychology for the country and i think many people will be surprised by that. Surprised and could this be the end of objective and frank opinion from banks in indonesia . The Finance Ministry in indonesia has been asked this question by the local press and reportedly they have said if the assessments are credible and make sense then they will agree with those assessments, and theyve said to local banks and International Banks operating in indonesia, theres nothing to fear if you say what we think to be true. Karishma vaswani speaking to me earlier. Japanese firm tosh either has issued a recall for 81,000 laptops as the Lithium Ion Battery Pack could overheat posing burn and fire hazards to users. It battery packs in 41 models sold betweenjune 2011 and november 2016. In 41 models sold betweenjune 2011 and november2016. It in 41 models sold betweenjune 2011 and november 2016. It involves. Deutsche bank has agreed to pay 95 million to resolve a Us Government lawsuit which accuses the bank of using Shell Companies to pay taxes in 2000. The settlement revolves around a lawsuit which was filed in december, 2014. It was aimed at recovering 190 million in taxes, penalties and interests. Rex telus, the former Exxon Chairman and chief executive chosen by donald trump for us Secretary Of State will receive 180 million to cut financial ties with the energy firm. The pay out will take place only if he is confirmed in the new role and its aimed at addressing concerns the former Exxon Executive could favour the oil giant or his own interests while in office. He left exxon at the end of last year. 2016 was a yearfor the end of last year. 2016 was a year for wheeling and dealing, although it was down from record levels, the previous year, there was still lots more deals going on, more than 2. 5 trillion done last year. In this region china was the standout performer with 798 outbound acquisitions and theres also been a busy year for vietnam, indonesia and australia while things have been more subdued in thailand, malaysia and the philippines. These figures are from a law firm and their mergers and acquisitions lawyer based in tokyo alun evans is seeing a different picture for this year. The outstanding story in 2016 was the china outbound story, more than 200 billion spent overseas by Chinese Companies and that was until december whether Chinese Companies who have the prerogative to do this essentially pressed the pause button amid concerns about the depreciation of the r b and concerns about the slightly and strategic nature of some of the acquisitions. It will be interesting Going Forward to see how long that pause button is pressed for, probably at least the First Quarter and then after that in 2017 we will see a more focused, slightly slower outbound Acquisition Spree from china. I think the deals above 10 billion, the mega deals, they will be heavily scrutinised by authorities and what the authorities deem to be non call for buyers, they will also be heavily scrutinised. If not join then where will we see more action in the Asia Pacific Region this year . Will we see more action in the asiapacific region this year . If not china. The outbound story will be strong, 84 billion spent last year, that was mainly in europe and in the us with some big acquisitions, softbank acquiring arm in the uk. The fundamentals are there for 2017, low domestic growth, strong Cash Position is on the balance street, action and available debt but will the japanese spend more money in Southeast Asia . Will they . What drives them abroad . It is about limited growth at home, isnt it . Its the domestic market. Theres limited Growth Injapan at the moment and we seen this trend developed over the last three or four years and it will continue to be there in 2017. How will the Mergers And Acquisitions Landscape shift this year with a change at the political helm . Shift this year with a change at the political helm . We shift this year with a change at the political helm . We are seeing of course a Trump Presidency in the us and concerns about fewer trade deals taking place. Yeah, i think theres some potential for the taking place. Yeah, i think theres some potentialfor the Us China Relationship to develop in 2017. Weve seen some big deals turned down by the National Security committee in the us. That may continue where theres chinese buyers and therefore chinese buyers may focus more time and money in other places, like Southeast Asia. Alun evans speaking to me earlier. Have you ever dream of sand between your toes while sitting in the office . Now a new pair of Virtual Reality Shoes Mayjust be the ticket, they let the wearer feel textures underfoot and they have been unveiled by the japanese Gadget Maker Sarevo at the Consumer Electronics show in las vegas where we tried one ourselves. Heres the latest Virtual Reality innovation, Virtual Reality shoes and walking on the sand, that is really crunchy, im getting vibrations in my seat that make me feel like im moving on sand and metal and if you have ever shared a Virtual Reality headset and been worried about hygiene then maybe these arent four year. Im going to step into a puddle, im going to step into a puddle, im going to step into a puddle, im going to see what thats like. Arent for you. Thats quite convincing for a vibration. Hiro, why would somebody one Virtual Reality shoes . They are a great experience, it makes you feel like youre walking on a narrow bridge and it creaks and it almost gets broken so it gives a new experience. When you do a new Vr Experience you have to wear a headset and you have to have controllers in your hands, now shoes, isnt it going to be too much gearjust for a now shoes, isnt it going to be too much gear just for a videogame . Now shoes, isnt it going to be too much gearjust for a videogame . We think this can be for a specific industry to get a better experience. Like an arcade . Sure. Will somebody wa nt like an arcade . Sure. Will somebody want to share the shoes with the sweaty feet . You can wear socks and you dont have to worry. We dont think it will be a problem. You can watch that and lots more new gadgets being unveiled for our ces coverage. You can go to our website. Lets ta ke lets take a look at the markets in asia because we are seeing some reversals, especially for the nikkei, huge gains on its birthday in 2017 but its reversing the trend partly because we are seeing a weakening of the us dollar. First day. That is unsupportive for a lot of the exporters but were seeing gains in australia, the hang sengin seeing gains in australia, the hang seng in hong kong has opened higher and in australia we are seeing gains in commodities because of a jump in oil prices overnight. Looking at wall street, it continues to hold onto its games. Thats it for this edition of Asia Business report. For watching. Its games. Thanks for watching. Gains. Experts are urging people to learn lifesaving skills in case theyre caught up in a terrorist attack. Some may find images in smitha mundasads report upsetting. The following is a reconstruction. An ordinary evening. Gunfire. Turns to terror. This isnt real. But Security Officials say the Terror Threat in the uk is high and, despite their best efforts, this could happen. Get down many people could be hurt in the chaos. The problem is, it may take some time for help to arrive. Police and Security Forces have to deal with terrorists first, making sure its safe, before paramedics can come in. And in that time, lives could be lost. The First Responders to that incident from a Police Perspective will inevitably be trying to deal with the people causing the threat. They wont have time to help people who may have been injured. And we know that that gap is vital for saving peoples lives. So were really, really interested in the work of citizen aid. Yeah, a shooting. Theres a gunman in the street, three people have been shot. The experts behind citizen aid say the app and pocketbook give simple, step by step instructions to save others. But the public should only attempt first aid once theyre safe themselves. And theres the tourniquet. The app says that you need to pack the wound. And then put pressure on the wound. And then keep the hand elevated above her heart. Ive treated hundreds of soldiers over the years when theyve returned to birmingham. And many of their lives have been saved by simply the application of tourniquets when theyve been shot or have been blown up. I think its essential that we train the General Public now to be able to deliver those skills. Thats exactly what citizen aid does. It may be difficult, but remaining calm and knowing how to help others in situations like this could save lives. Security forces are already preparing for these types of incidents, and now they say members of the public should be prepared too. Put one knot in. Attempting first aid may not be for everyone, but military medics say its better to have a plan, in case this worst Case Scenario turns into reality. Youre 0k, are you . Is that your mum . Shell be fine. Such is this is sport today, with me chris mitchell, at the bbc sport centre. Coming up for you conte comes to the end of the lane. Chelseas Record Breaking Run is over. Dhoni is out. Down but not out. The world cup winner says his time as skipper is done, but hell play on. And andy murray wins in qatar to make the quarter finals. All things have to come to an end, especially good things. Chelseas winning run has come to an end. The English Premier League leaders lost 2 nil at tottenham on wednesday night. Chelsea had already matched arsenals record of 13 wins in a row when they beat stoke last week, but they were hoping to break that record with a 14th victory. It wasnt to be and spurs have this man to thank for the win. Dele alli, getting both goals for the home side who are now seven points behind chelsea. Contes blues had been unbeatable in october, november and december, but they came undone at white hart lane. Chelsea are still five points clear at the top, but their defeat will give spurs, now in third,
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