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in the customs union. now on bbc news, all the latest business news live from singapore. the bank of japan the bank ofjapan meets, as things go from bad to worse for corporate japan. we discussed the problems, and what needs to be done. and the of south korea s election, we hear from whistleblowers in the culture of corruption which roared down the president. it is wednesday. good morning, asia, hello, world. glad you could join us for asia business report. i am you could join us for asia business report. iam rico you could join us for asia business report. i am rico hizon. you could join us for asia business report. iam rico hizon. we you could join us for asia business report. i am rico hizon. we start with japan, and companies there are making headlines for all the wrong reasons. fuji has delayed its most recent earnings report after discovering accounting is regularities, and toshiba is restructuring its business after the colla pse restructuring its business after ....
and i m not talking hairstyles. donald trump will present his tax plan today. big cuts are expected. will it make multinationals bring their huge foreign cash piles back to the us? and ahead of south korea s election, we hear from whistle blowers on the culture of corruption which brought down that country s president. welcome to world business report. i m aaron heslehurst. if you have about eight minutes, i promised to give you a fascinating snapshot of the world of business and money. let s start in the us. shaking up the tax system has been a major theme of the trump administration. today he s promising what he describes as a big announcement on his planned reforms. in fact mr trump has already said he s planning what he s called maybe the biggest tax cut we ve ever had. take a look at this. during the campaign he talked about cutting the top individual tax rate from 36.9% to 25%. in terms of business, he wants to cut the corporate tax rate from 35% to 15%. mr tr ....
now on bbc news all the latest business news live from singapore. oil takes oiltakesa oil takes a backseat to security as donald trump makes his first overseas trip to saudi arabia. what happens when a reporter tried to buy a supercarfrom happens when a reporter tried to buy a supercar from this luxury car vending machine? it is a monday. glad you could join us for this edition of asia business report. donald trump has just wrapped edition of asia business report. donald trump hasjust wrapped up edition of asia business report. donald trump has just wrapped up a weekend in saudi arabia. the relationship has been in oilfor the last 70 years. trump s protectionist policies to support drilling may not sit well with the saudis but it did not top the agenda on this meeting. earlier, i asked not top the agenda on this meeting. earlier, iasked if not top the agenda on this meeting. earlier, i asked if this will have any impact on oil prices. earlier, i asked if this will have ....
negotiations and look at where the new government goes from here with our business editor, simonjack. we usually ask you a twitter question, but today the founder of amazon has one for you what should he do with all his money? jeff bezos has posted a request for ideas from the public for philanthropy inspiration what advice would you give? just use the hashtag #bbcbizlive. good to have you with us on business live. we start in greece, which has edged back from the brink of financial collapse once again. late on thursday after months of wrangling european finance ministers, together with the international monetary fund, finally agreed to give athens its latest slice of bailout money. and there s a hint it could get some relief from its crippling debt mountain next year. let s show you the details. greece will finally get this 8.5 billion euros part of an 86 billion euro bailout plan agreed in 2015. it is the third it has had. it will come just in time, as gre ....
the dowjones scores 20,000 for the first time ever. is this the trump effect? and why india s universities are banning some start ups from recruiting on their campuses. good morning, asia. hello, world. it is thursday. glad you could join us. we kick off with wall street, where us stocks crossed a major milestone. the dowjones us stocks crossed a major milestone. the dow jones industrial average finishing above 20,000 for the first time ever and you also have the broader s&p 500 and the nasdaq also at record levels. this is how asian markets are reacting to the dow jones 20,000. the nikkei gaining 1.3% and the all 0rds hired by 20 points. basically mr trump s senior adviser was quick to comment on the news, tweeting that the landmark was down to the trump effect, but is it? let s have a look. earlier i asked our business adviser if it really is the trump effect. earlier i asked our business adviser if it really is the trump effectm you look at stocks, especially the dow ....