Transcripts For BBCNEWS Asia Business Report 20170530

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but managers say there was never any risk to the public. now on bbc news all the latest business news live from singapore. the vietnamese prime minister pushes for a two way trade deal with america. will president trump consider it a priority? find out how this boss built her business when banks would not lend her any money. hello and welcome to asia business report. the vietnamese prime minister will be keen to negotiate bilateral trade deal with us president donald trump when they meet later. this comes several months after washington dropped out of the transpacific partnership. earlier i spoke to a man who will meet him tomorrow night. he told me why a two way trade deal is so important for vietnam. vietnam is very disappointed when president trump backed out of the transpacific partnership on his first day in office. in vietnam, it is quite a two for vietnam that he is the first leaderfrom two for vietnam that he is the first leader from south east asia to see the president. if they want to make progress, the us has very important markets for vietnam and very important export markets. so far, the trump administration has clearly expressed they are unhappy with the trade surplus the exam is running. do you think the free trade deal is likely? vietnam contributes to the american trade deficit. what the focus for prime minister is to see if he can build a personal relationship with president trump. vietnam is very nervous about the almost friendship, it looks like, the close ties between the chinese leader and president trump. vietnam is afraid it will be at the detriment, at a cost, to vietnam, especially in the south china sea. british airways says its flights are gradually getting back to normal after a ll gradually getting back to normal after all its planes were grounded over the weekend. the chief executive has blamed a power surge in one you take —— the uk data centres. it was claimed the back—up systems also collapsed. he is refusing to resign. he insists the computerfailure had refusing to resign. he insists the computer failure had nothing refusing to resign. he insists the computerfailure had nothing to do with cost cutting. there are no redundancies taking place around this particular hardware set of infrastructure. in this particular case it is all locally hired resources that have been attending to the maintenance and running of this infrastructure. so, completely unrelated to the redundancies and outsourcing of the it systems? in this case, yes. weeks after government data showed the economy grew faster than expected in the first three months of the year, clocking its longest period of expansion in more than a decade. bmw's is a shortage of parts from bosch has caused thejews at its plant in china and africa. delay in delivery of its steering gears has slowed down production of several models. the problem is that bosch is having with bmw is a stark contrast to the reliability normally attached to the reliability normally attached to the reliability normally attached to the made in germany brand. bosch was implicated in the bw emissions scandal and had to recall thousands of gas hob is earlier this year. the company says trust is at the basis of all it does. in this week's two minutes with, i spoke to a board member of bosch about the asian market. china is by far the biggest market. china is by far the biggest market based on population and size, followed by the indian market, also based on population. the asian markets are very important for us. when you consider the amount of people, the population here, we talk about more than 600 million people. you are currently in the news in the uk. you are recalling a number of thousands of gas hovers. there has been a settlement as well. $327 million with bw abv diesel emissions scandal. what you're doing is selling products to asian households. trust is a big factor. how do you ensure that? trust is very important subject for us. we ta ke very important subject for us. we take it very seriously. already, our founders said, clearly, ratherto lose money than trust. i think we stick to that. when you talk about the uk subject, there's kind of a risk that something can happen we make a risk that something can happen we makea repair risk that something can happen we make a repair solution voluntarily to avoid any accident. all right. very quickly, just jumping to avoid any accident. all right. very quickly, justjumping in, as a consumer in asia i four years very quickly, justjumping in, as a consumer in asia ifour years bought asian brands. they are much cheaper than the european brands like yours. how do you compete? i would think, a lwa ys how do you compete? i would think, always looking for high—quality products. that is for sure. we are pretty innovative. we spend a lot of money overall. you can see, as a result, in our products we are selling. we are organised in different sectors. we have four sectors. also consumer goods. i think we are making fairly good progress on the consumer good side. we're not in the low end segment, thatis we're not in the low end segment, that is for sure. that is true. we are making very good offerings in the high end segment and the middle—class segment. the high end segment and the middle-class segment. what will be on the us business agenda after the memorial day holiday? our business reporter can tell us. economic data due out this week could support or undermine the case for the american central bank to raise interest rates injune. central bank to raise interest rates in june. the central bank to raise interest rates injune. the us markets were closed on monday for memorial day and the unofficial start to the summer in america. it is time for investors to put away the barbecue and get back to work. there is plenty of economic news do at this week. the us commerce department is expected to report consumer spending grew after being unchanged in march. the federal reserve potluck favourite measure of inflation, the core price index which makes part of this report, that could well move the markets. there could be a faster rate hike schedule. something wall street is keeping a close eye on. economists are looking for a 1.5% yearly increase in that index. that is well below the beds 2% inflation target. michelle fleury in new york. she's ahead of a multi—million dollarjavanese bar empire. when she started, she was rare female entrepreneurs in the 1970s in indonesia. it certainly was not easy. what is her secret? rebecca caught up with over a bite to eat. nobody wants to help me and they think i am a crazy woman, you know? i have to borrow money but they said no. you are a woman. we don't help you. you have to stay home and serve your husband and children. my father, late father, he is very nice. don't worry, he said. i will get your brother and sister. maybe they want to invest in your business because you have a big dream but no money. we are the second largest rainforest in the world. but, they cut all the ra i nfo rest. that was martha with her story. let's ta ke that was martha with her story. let's take a look on the market. they have opened in asia. they are both flat. very little direction from the us. wall street was shut because of the memorial day weekend. also widening scandal due to the possible ties between president trump and russia. that is for this report. 0ur our main story, a week on from the manchester attack the bbc obtains exclusive pictures. salman abedi is seen shopping. police released images of him with ace blue suitcase. john noakes images of him with ace blue suitcase. john noa kes has images of him with ace blue suitcase. john noakes has died at the age of 83. he has to blue peter in the 1960s and 70s and was the longest serving presenter, appearing for more than 12 years. david sillito looks back at his life. i'm upside down, at 30,000 feet and upside down. blue peter has had many presenters over the years, butjohn noakes, the cheery, funny daredevil from halifax was special. at this level the plinth on which nelson stands overhangs the column. i find myself literally hanging from the ladder with nothing at all beneath me. in an age with a rather relaxed attitude to health and safety the words "and then it was my turn" led to some startling tv moments. his trip down the cresta run was also terrifying. ijumped onto the ice and carried on down the track on my backside still doing around 80 miles an hour. john noakes had started out in the raf before turning to acting and landed a job on blue peter. the yorkshire accent and the willingness to do anything for a laugh stood out in a rather more formal era of children's television. i think for a lot of people today is a very sad day. we have lost him and he looked pretty eternal from where i was sitting as a child. we have lost our childhoods too a bit. in those days there were only two channels and he was the whole of the bbc to me when i was watching. shep, don't bite him, he's a nice little fellow. that's enough. after 12 years he and his dog shep were part of national life, but he had tired of the risks and the workload and was happy to move on. he set off in a yacht and eventually settled in majorca. off—screen he was rather more shy and serious, thejohn noakes we knew was in many ways an act. johnny always had to have a character to play so he invented thatjohn noakes, not very different from him, but it was an extension of him and it was a john noakes that could do the things that he did on television that the real john noakes wouldn't do. his skydiving was record—breaking and almost went wrong, and his meeting with a baby elephant... ..a little tv landmark. 0h, get off me foot! lulu hadn't stood on his foot, butjohn noakes always knew how to get a laugh. millions today were saying goodbye to a much loved part of childhood. 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... tiger woods says his arrest for driving under the influence was due to an unexpected reaction to prescribed medications. barcelona announce that ernesto valverde will take charge at camp nou next season. huddersfield are back in the top flight of the english game for the first time since 1972 after winning their play off against reading on penalties. and nine—time champion rafael nadal breezes through his first match at the french open. hello and welcome to the programme where we start with the news coming out of the united states on monday that one of the world's greatest ever golfers, tiger woods, was arrested in the south florida town ofjupiter for driving under the influence. woods who was released a few hours later is second on the all—time list with 14 major titles, but his last win on tour was back in 2013 at the players championship while his last major win came at the us open in 2008. the 41—year—old has struggled with back issues in recent years and returned to the sport after 15 months out injured in december,

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