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Transcripts For BBCNEWS Asia Business Report 20170510

The park will remain closed on wednesday. Managers have expressed their condolences. Now on bbc news, all the latest Business News live from singapore. Australia logs a decade of budget deficits, putting its aaa Credit Rating at risk. Soars to an all time high, adding 1 million to its market Value Bitcoin soars to an all time high. It is wednesday. Glad you could join us for this midweek edition of Asia Business report. I am rico hizon. Australias budget is expected to be in the red until at least 2021, and markets are down. As you can take a look at the market boards, the asx 200 has fallen nearly one third of a percent in early trade. Late on tuesday the government announced a huge Infrastructure Spending plan worth 55 million Infrastructure Spending plan worth 55 million 55 Infrastructure Spending plan worth 55 million 55 billion and the stimulus is expected to create thousands of Jobs Stimulus is expected to create thousands ofjobs across the country but will also lead to a wider t

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Transcripts For BBCNEWS BBC Business Live 20170510

To chris wright, the man responsible for signing Spandau Ballet. The New York Times is offering people a brexit tour of london. It is the brexit means brexit tour. Were asking you today whats your most memorable tour and was it that expensive . Just use the hashtag bbc Business Live. Hello and welcome to Business Live. We start with the worlds second biggest car maker, toyota, which has just reported its latest set of financial results. Its not good news. Full year profits are down 21 . This is the first time in five years that the company has reported a drop in earnings. Our correspondent Rupert Wingfield hayes is in tokyo. Rupert, what more can you tell us about the figures . Good morning, rachel. It is a fall for toyota as expectedment more than expected, but its still, you know, if profits of 16 billion are bad then it is a problem that a lot of companies would like to have, but thats a fall to 1. 83 trillion yen and there is expectation that it will fall again this Financial Year

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