Labour has pledged not to raise income tax for anyone earning less than 80,000 pounds a year. The euro rises on emmanuel macrons victory. What does it mean for Global Business and trade . And we look at why Pharmaceutical Companies are resisting Donald Trumps plans to cut red tape. Welcome to Asia Business report. France has elected a new president , emmanuel macron, and the euro has risen during the trading day in asia as the markets breed a sigh of relief. The euro factor against the yen hit a one year high since falling back slightly, and this is how the other currencies are trading at the moment. If we look at the other Financial Markets that have just opened, the Nikkei Hasjumped almost 1 , the all 0rdinaries as well, and the Hang Seng Due to open just a little later. Of course mr macron is seen as business friendly. He defeated the far rights Marine Le Pen, who vowed to take france out of the European Union. He won 66 of the popular vote according to the Interior Ministry and it
Report. Chinese shares on a global index. We look what this could mean for investors in asia and around the world. And what are the big spenders from the Aviation Industry eyeing off at the Paris Air Show . It is tuesday. Good morning asia hello world, glad you could join us for Asia Business report. We start off with chinese stocks. After years of discussion, msci it will announce whether it will include chinas a shares, the mainland shares traded in china, in its emerging markets index. This is the fourth time that msci is looking into the possibility. It could mean potentially a lot of investment going into mainland issues. Our correspondent has more from a rainy day in beijing. China is chasing a globalfinancial day in beijing. China is chasing a Global Financial benchmark here. Inclusion for its eight shares, leading shares here would mean that they attract by investors and responsible for trillions of dollars of investment. There would no doubt bea of investment. There would no d
A growing wealth gap. A chinese editor put the question to her. A growing wealth gap. A chinese editor put the question to Herli Wa Nt To Editor put the question to herli want to give our Younger Generation hoped for the future of hong kong. In terms of the economy the hope lies in diversifying the economy so it is not just lies in diversifying the economy so it is notjust Financial Services and tourism, i want more attention on technology and creating quality jobs for people, for young people. Certainly i i know that housing is important. I want to give young people the sense of hope. And, yet, this generation, some of whom in 2014 spent nearly three months on the street protesting for democracy, they may look at you and say that you have been there for the best pa rt you have been there for the best part of 40 years. It had the housing job, the developmentjob and now you are saying you are going to sort this out . The root of the problem is the politics because hong kong is a stitch
Of the islands care system and also warned that some young now on bbc news all the latest Business News live from singapore. Australias central bank is said to make its latest policy decision. Will it change course . And we find out if women ceos can close the gendered gap by catering to other women. Good morning asia hello world, glad you could join us for this tuesday edition. I am rico hizon. We start off with the central bank in australia and it is widely expected that the reserve bank will leave rates on hold at its meeting today. The rate is currently sit at a historic 1. 5 , where they have been since august last year. With a strengthening jobs market and a cooling housing sector, is the bank likely to change course in the coming months . Earlieri likely to change course in the coming months . Earlier i asked an economist based in sydney. coming months . Earlier i asked an economist based in sydney. I think they are sitting on the fence and now and that will probably remain the
To the us for experimental drug treatment. Now on bbc news, all the latest Business News live from singapore. China paints a green path for electric car technology, is the rest of the world willing to follow . And Women In India are fighting a taxing battle when it comes to personal hygiene products. Hello, asia. Good morning, world glad you could join us for this edition of Asia Business report, im rico hizon. China has a growing appetite for electric cars, sales there overtook the us last year and there overtook the us last year and the worlds biggest Car Manufacturers are paying attention. Of all though, owned by a chinese company, announced last week it will only make fully electric or hybrid vehicles by 2019 volvo. Tesla is close to locking in a deal to open its First Factory on the mainland. Automotive analyst bill russo believes all carmakers will follow suit in the not too distant future. Its been a good run. Its been 130 yea rs its been a good run. Its been 130 years since the