Business and government voting is under way in south korea, but will new leadership make a difference this time . And, the wasteland. American Shopping Mauls are deserted and retailers are suffering, so what is President Trump planning to do about it . Welcome to World Business report. Im sally bundock. Also in the programme, Rico Willjoin us from singapore hes seen the latest International Monetary fund report on asian economies. But first, today, the people of south korea are voting for a new president. The election comes after the former head of state Park Geun Hye was removed from office as part of an Ongoing Investigation into corruption. The south korean economy bounced back strongly following the 2008 financial crisis, but in recent years, quarterly growth has struggled to break above 1 . The current frontrunner, moonjae in, has vowed to boost Government Spending and create over 800,000 newjobs in the public sector. His main rival Ahn Cheol Soo feels the government should be mor
Losers in europe, on the they are all up. Also in the programme, well get the inside track on a smartwatch that allows parents to keep tabs on their children. But is wearable tech really the solution to Parenting Problems or just a technology too far . Let us know. Just use the hashtag bbcbizlive. Welcome to the programme. Please get in touch with your views on that story about parenting, wearable technology, or anything else we are covering. South korea is just a few hours away from finding out who its next leader will be. The election comes after the former President Park geun hye was removed from office as part of an Ongoing Investigation into corruption. The countrys economy bounced back strongly following the 2008 financial crisis, but in recent years, quarterly growth has struggled to break above 1 . What are the president ial hopefuls offering to try to change the fortu nes offering to try to change the fortunes of south korea . The current frontrunner moon jae in has vowed to b
Jeremy corbyn has been campaigning in scotland. He said a Labour Government would repeal the conservatives trade union legislation. Now on bbc news, all the latest business news, live from singapore. China stocks taking a nosedive as Regulators Crackdown and investors lose confidence. And will south koreas giant family Family Run Companies change the elections . Ahead of the. It is a tuesday. Good morning asia, hello world. Glad you could join us for Asia Business report. I rico hizon. We start off with chinese investors and they are closely watching their portfolios today after the worst day of trading this year. As you can see right here on our graphic board, stocks on the shanghai stock market have been on a downward spiral over the past two weeks. So what is causing the loss of confidence . Regulators are cracking down on speculative trading and underlying concerns that the economy is slowing, weakening investors enthusiasm. We get more from our shanghai corresponded. The shanghai
A leading progressive civic group said Wednesday the concentration of economic power in chaebol, or large family-run conglomerates, has been deepening, saying the total assets held by the five largest conglomerates exceed 60 percent of the nation s gross domestic product (GDP).
A granddaughter of Shinsegae Group Chairwoman Lee Myung-hee, the youngest daughter of late Samsung Group founder Lee Byung-chull, has drawn attention for recent photos that she took with other trainees of The Black Label, which signaled her forthcoming debut as a K-pop idol, according to industry officials, Tuesday.