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an administrative error. now on bbc news, all the latest business news live from singapore. us markets deliver a cool reception to president trump s plan to slash corporate tax rates. and living a samsung life. why south korea s corporate giants are so big you d struggle to live without them. good morning, asia. hello, world. glad you could join us for this thursday edition of asia business report, i m rico hizon. donald trump is hours away from completing his first 100 days in office, a milestone where the chief executive is graded on his progress in office and before the clock ticks down, following through on a major campaign promise with a proposal to drastically cut the business tax from 35% to 15%. well, it is now clear how the white house plans to pay for the cuts which could add some $2 trillion to the national deficit over the next decade. but the us treasury secretary says economic growth is both the goal and the solution. we believe we can get back to 3% or hi ....
in venezuela at the moment, but this ra nks in venezuela at the moment, but this ranks as one of the most dramatic. this came through a few hours ago. venezuela authorities tampered with constitutional referendum turnout figures . that from the head of the company which provided the voting machines. here s more of what he said. smartmatic has provided a lecture and technology in venezuela since 2004. even in moments of political conflict and division we have been satisfied that the voting process and the count has been completely accurate. it is therefore with the deepest regret that we have to report. that the turn out numbers on sunday 30th july for the constituent assembly in venezuela were tampered with. the venezuela election council has responded by saying the accusation is irresponsible. will grant joins us now. is irresponsible. will grant joins us now. how do we decide who is right? has any evidence been offered by either side? so far it sjust a war of words. ....
now on bbc news, all the latest business news live from singapore. as kaesler‘s as ka esler‘s latest as kaesler‘s latest earnings shift into high gear we look at china and india leading asia s ambitions for electric cars. tesla s latest. and the dow pushes past 22,000 mark. will the rally extends to asia. kickstand to asia 7 will the rally extends to asia. kickstand to asia? welcome to asia business report. i am sharanjit leyl business report. i am sharanjit leyl. we begin with the auto sector. electric car maker temper tesla just reported revenues of more than $2 billion for the april june quarter, more than doubling. the electric car maker burnt through more than $1 billion in that quarter, ramping up production for its mass market model three, released last week. there are about half a million pre orders for the model three. asia has its own ambitions when it comes to electric cars. china has mandated 8% of all vehicles sold the new energy cars by ....
a major downhill skateboarding event in australia. another extraordinary day in the short life of the trump administration. donald trump started the day by attacking the media and the intelligence services. that s as more questions emerged about the circumstances around michael flynn s resignation as national security advisor. the democrats and some republicans are calling for an independent inquiry into the trump administration s links to russia. and mr trump s hosted a very good natured visit by israel s benjamin netanyahu during which he ditched america s long standing commitment to the two state solution in the middle east. lest any of us get used to the frantic pace. the bbc‘s north america editor has a reminderfor us. throughout the campaign and during the early days of mr trump s presidency, we ve spoken a lot to katty kay. when you do get moments to pause and reflect, what are you making of it? when i get those moments i prefer to sleep, because there s ....
sent this picture. this is from wales! this is another one from dorset. foggy here. and a nice sunrise from hull. i will practice that welsh name, i promise you. cold breaking in some areas but overcast for most of the day with a what more cloud in the atlantic heading our way for this weekend. quite a mixed picture overall. let s concentrate on this afternoon first. we have established with that great picture, cloudy across most of scotland, although i suspect the western isles will be getting some glimmers of sunshine now and then. and you will notice some rain across the uk, almost anywhere really. temperatures today getting no higher than around 13, 14 today getting no higher than around 13, 1a degrees. still feeling relatively mild. you have got some mist along the south coast. the weather does not change this evening, so for the six nations, wales versus ireland, that kicks off just after eight o clock, around 10 degrees and cloudy skies. tonight, we keep the clou ....