as his coffin was carried through the city to his local church. now on bbc news, all the latest business news live from singapore. high—level partnership. the chinese premier wants to boost corporation with australia. and the business of meditation and quiet time for these little clients. welcome to this friday edition of asia business report. chinese premier li keqiang will spend today in talks with australia's prime minister in canberra. they will be discussing how to build on the free trade agreement they signed two yea rs trade agreement they signed two years ago and mr li ‘s visit comes ata time years ago and mr li ‘s visit comes at a time when china is trying to capitalise on the global uncertainty following donald trump's victory. our australian correspondent has been looking at how the relationship works. handmade for some of the world's most demanding sleepers, these mattresses are on their way from sydney to shanghai, where they will sell for 75,000 australian dollars. they only started exporting to china in 2013. in a few years they hope to have 100 stores there. the 2015 free trade agreement has helped push down tariffs and boost profits, bolstered by the massive demand for western goods. by a typically is not interested in buying locally produced products. they are looking for something which is imported, particularly australia, because we have a very natural product and beyond, i guess, the quality of the product in the master craftsmanship which goes into producing the product, they are looking for something that is genuine. premier li has been given the traditional welcome afforded to old allies. he has come to tell australia it doesn't have to choose between china and america. they can trade as a circle of friends. australia has spent decades carefully cultivating its relationship with china. it has become its biggest trading partner. the free trade agreement sealed the deal, but there are more doors that could be opened, like making it easierfor could be opened, like making it easier for australian companies to sell online. at the moment, exports are still dominated iron ore and coal, the commodities that have kept the australian economy moving. at there is a need to change track. food sales like beef are on the menu. there may even be time to discuss china stepping into the space vacated by america in a new transpacific partnership.” space vacated by america in a new transpacific partnership. i think the tpp itself may need to be modified, because it has very strict rules on prices and a bunch of other issues where china has been difficult in the short term. 0ther kind of modified version may be possible. for this company, more could be done to put the finishing touches on the trade agreement, like improving customs clearance. china and australia have become pretty happy bedfellows. in other business news, south korea's samsung electronics told shareholders this morning it is unlikely to adopt a holding company structure right now. the shareholder meeting comes as the chief sits injail on bribery charges. samsung electronics has been under pressure to simplify its ownership structure, which would have helped solidify the family's control over the company. american car manufacturer ford has signalled lower earnings for the first quarter due to higher spending and a drop in sales, including in china. ford is also losing market share in the us as lower fuel prices have led to customers choosing to buy trucks or suv ‘s, which have become more fuel efficient. we are wrapping up the first quarter of the year, and it has been a rather volatile three months. 0n has been a rather volatile three months. on wall street, the presidential election rally fizzled out recently on worries about president trump's economic policies. in the energy markets, oil prices have been sliding due to supply glut, and that has been lowering the value of oil related firms. and investors are also waiting on more rate hikes from the us central bank. with all of this in mind, how would you sum up the first quarter, and where is the safe haven for investing? here is the view from an investment advisor. if we look at the start of this year, we have been quite positive for equity markets, in particular us equities. so i would say it has played out quite well so far. hence we have been turning a bit more cautious, but our investment outlook for the rest of the year still remains quite positive for equities. right, but what about geopolitical and economic risk? we have terror attacks, we have impending brexit, you've got uncertainty over president trump's policies as well, will these continue to interest markets going forward ? continue to interest markets going forward? absolutely, we think a lot of these positives and expectation has been priced in at the markets are kind of forgetting about all the risks you mentioned. unfortunately, geopolitical risk like terror attacks we have just seen in geopolitical risk like terror attacks we havejust seen in london is something we are more or less used to, so the market reaction was not even there. but i think for us the bigger risk looking ahead is the french election. something we are a bit concerned about, and hence we recommend our clients stay a little bit more defensive. these are all global influences you mentioned, but what about investment destinations in asia? where should investors be paying attention to? in asia we have also seen a nice rally so far. i think the markets were quite concerned about trump being elected last year, and hence more protectionism to come. it hasn't really materialised yet, so we have seen especially north asian equity markets, stock markets in china, taiwan or in hong kong rally quite a bit. we are still thinking these other regions investors should look at when talking about asia. very briefly, what are some of the risks in asia, closer to home? so protectionism is one of the key risks. we are not really talking about political risks any more but detection is in the form of trade restrictions could be one of the key risks looking forward. rising stress levels for our children are being blamed on all sorts of issues, from headaches to anxiety attacks, even suicide. aligned with this has been the rise in demand for classes teaching kids meditation and mindfulness. for the final story of how business of kids series, we found out more about this growing industry. when i came to the meditation lesson, it helped me so much. it was what we don't know is that there are thoughts running through our head every day, so fast, and a majority of them might not be positive. let mac i have learned how to become, understand situations deeper, so i don't have to get so angry any more. this is soul centre, 1—stop shop for meditation and mindfulness. for about a month kids can attend eight classes, and are taught ancient asian techniques to help them focus. this man set up soul centre in singapore ten years ago. revenues have grown substantially since then. we in asia. we want to also be known in the west, in the us and the uk. we wa nt in the west, in the us and the uk. we want to reach out and transform thousands of people around the world, children and adults alike. mindfulness is now a billion—dollar industry in america. there are no statistics yet for asia, at centres like these are on the rise. here at soul centre, it is notjust classes on offer. books, cds and other products are on sale as well. some pa rents say products are on sale as well. some parents say it is worth the cost. you need to make an effort to recognise it, but it is definitely worth the money. you realise that after the class, when you reap the benefits of this... i would call it training. but, as any other training goes, you need to practise. in singapore, are also entering the mindfulness market. this woman set up mindfulness market. this woman set up his studio for children in january. up his studio for children in january. what i would like them to learn is to accept who they are, and in turn be a bit more emotionally resilient, so they do not get blown away by all this digital age, and what other people are saying and other people are doing. our class is about 30 us dollars, the same as you would pay for a tennis or swimming lesson. but, as mindfulness becomes more mainstream, it may well become more mainstream, it may well become more common in asia. let's take a look at the markets before we go, because we are seeing some gains in asia. rather unusual because we did see that flat close on wall street, lots of concerns about the delay on the trump healthca re lots of concerns about the delay on the trump healthcare bill, republicans delaying a vote on that which now may take based on friday 01’ which now may take based on friday or potentially monday. so there is a lot of uncertainty, however we are seeing a weak us dollar, and that is helping those markets. have a great weekend. the top stories this hour: the perpetrator of wednesday's attack outside the houses of parliament in london has been identified as a 52—year—old british man who converted to islam and changed his name to khalid masood. two of those who died have been named. one was a local school worker, the other was an american tourist celebrating his wedding anniversary in london. the funeral of martin mcguiness, the former deputy first minister of northern ireland, has taken place in londonderry. large crowds lined the streets of to see his coffin taken from his home in the bogside area to st columba's roman catholic church, where the congregation included the unionist leader, arlene foster, and the former us president bill clinton. 0ur ireland correspondent chris buckler reports. this is a place that makes a point of remembering. martin mcguinness‘s body through the large crowds of derry‘s bogside, and beside the many murals that detail history that shaped him. it was also a time of violence, for which some will always hold mcguinness himself at least partly responsible. but the attendance of presidents, irish prime ministers and political rivals at his funeral was testament to the years he spent building peace. and the applause for the unionist leader, arlene foster, a sign of how, despite all the many disagreements that still exist, northern ireland really has changed. applause. i, in the course of years, have had many conversations with martin, and he knew only too well how many people struggled with his ira past. he was very aware of it. republicans, we know, were not blameless, and many people right across this community find it difficult to forgive, and impossible to forget. that is true on all sides, and in the streets surrounding the church, people gathered to reflect notjust on one life, but what life here was once like. we have much more on our website, and more details about the attacker of wednesday's attack in central london. you can also get in touch with us on social media and me on twitter. time now for all the sports news, in sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: a paulinho hat—trick against uruguay sends brazil seven points clear at the top of south american world cup qualifying. iran move closer to a place at next year's world cup finals in russia after beating qatar 1—0 in doha. and the picturesque surroundings of dharamsala gears up for the final test between india and australia starting on saturday. hello and welcome to the programme, where a paulinho hat—trick has helped brazil to a 4—1 win away to uruguay in south american world cup qualifying. an edinson cavani penalty gave the hosts an early lead in montevideo but paulinho who grabbed his third on the stroke of full—time led the way for brazil with neymar also on the scoresheet. lionel messi was the lone scorer for argentina, netting from the penalty spot in the 16th minute and moving them into the automatic qualifying spots beating chile in buenos aires. james rodriguez scored for colombia in their 1—0 victory over bolivia in barranquilla, while paraguay won 2—1 over ecuador with venezuela and peru playing out a 2—2 draw after venezuela led 2—0 heading towards their first win in qualifying before letting it slip.