behind the alibaba single - our asia correspondent. he was behind the alibaba single stay l behind the alibaba single stay phenomenon in 2009 and has been the chief executive for about eight years and he has been the chairman for around four years but now he is stepping down and he willjust focus on heading up the company s new cloud computing unit which is going to work on artificial intelligence. it is all part of the company s broader pivot away from e commerce and online shopping is what made it its fortune but in recent years sales have been sluggish and the value of the company has diminished and the management decided there was need for a rethink so about three months ago they announced the company would be splitting up into six. we company would be splitting up into six. ~ , . ~ company would be splitting up into six. ~ , ., ~ ., ., company would be splitting up into six. ~ , w . ., , company would be splitting up into six. we will break away to bring you some news
hours to discuss a response if ukraine comes under attack, it also states that washington will support kyiv in the military support through training and cyber security efforts, additionally, the us will help the crane receive compensation for damage caused by russia. here is what president biden and president zelensky said. we have signed the strongest agreement with ukraine and the us since our independence. and this is an agreement on security and thus on the protection of human life. fiur protection of human life. our coal is protection of human life. our goal is to protection of human life. our goal is to change protection of human life. our goal is to change ukraine s crumble goal is to change ukraine s crumble defends for the long term. our lasting peace for ukraine must be underwritten by ukraine on ability underwritten by ukraine on ability to defend itself now and to ability to defend itself now and to deter future aggression anytime and to deter future a
ukraine receive compensation for damage caused by russia. here s what presidents biden and zelensky had to say after signing. and we have signed the strongest agreement between ukraine and us since our independence. and this is an agreement on security and thus, on the protection of human life. our goal is to strengthen ukraine s credible defence and deterrence capabilities for the long term. a lasting peace for ukraine must be underwritten by ukraine s own ability to defend itself now and to deter future aggression any time in the future. for reaction here in washington to the us ukraine agreement, i spoke to congressman gabe amo, a democrat from rhode island who serves on the house committee on foreign affairs. congressman, i want to start with the new security pact announced by the us and ukraine that s supposed to show the us s long term influence and also interest in ukraine. what do you make of this agreement? well, look, i think this is exactly the type of commitment t
now on bbc news, all the latest business news live from singapore. status check. the banking regulator in china wants a report card on overseas acquisitions. kazakhstan is strapping in for what could be a fast ride on china s one belt, one road expansion. good morning, asia. hello, world. welcome to another edition of asia business report. it s a friday. i m sharanjit leyl. china s banking regulator has ordered a group of lenders to assess the exposure to offshore acquisitions by a handful of companies on a buy spree overseas. they are some of china s largest, like hna and fulson. i spoke to our shanghai correspondent asking why authorities are so worried. there are two elements to this. they see the acquisitions, a vast 235 billion us dollars last year, they see it as giving a risk to the currency. they don t want that level of capital out of there. and they are worried about big chinese conglomerates raising money in this country. there is a big worry about debt overall in