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fellow at the national bureau of asian research, who laid out his expectations for the summit. obviously it is very important gathering of these three important east asian countries. the first time they have met in a number of years. the summit itself is important just for symbolism and effort on the part of these three countries who had serious differences among them to sit down and meet. my expectations are relatively low. i think it is more symbolism and rhetoric than any actual breakthroughs on serious differences that continue to divide the countries, particularly between china and us allies, south korea and japan on the other. to get your thoughts on trade which is an area that could be mutual benefits for all three parties involved. what are the priorities? that is where the three countries have the greatest self interest for continuing cooperation and they represent a significant proportion of global gdp and global trade. but that will not change, particularly. ....
Prices have been rocketing in china. Is that suddenly we should be concerned about . Rico hizon will make sense of that for you in a moment. But we start in seoul, where the trial of the century is getting started. The head of the biggest company, samsung, is on trialfor bribery. Samsung might be a household name, globally, but his bossis household name, globally, but his boss is not. So what we know about him . He is the boss of the company, jay y lee, but is known by south korean media as the crown prince of samsung. That is because he is the only son of the chairman, lee kun hee, who was convicted of bribery and tax evasion himself, but was pardoned. So jay y lee has been in charge since his father had a heart attack in 2014. He has been the de facto boss. So the lee family are phenomenally wealthy. You can see the figure behind me. Forbes magazine ranking them asias richest Family Last Yearfor Magazine ranking th ....
200 days in prison for convictions which included bribery. his early release has received mixed reaction from the south korean public. our business reporter katie silver is following the latest developments. jay y lee left seoul detention centre just after 10am local time this morning. he was in a dark suit and many suggest he was thinner than when he entered jail back in january. he was subdued and very briefly addressed the media there saying, i caused much concern for the people, i deeply apologise. this is part of a long running saga that has dominated both south korean politics as well as its business needs. he first went to jail for instance back in 2017, was convicted of bribery of the former president as well as his friend, president park. who was of course impeached for this. this time around he served just over 200 days which makes up about half of his sentence and there s an interesting reason why he has been released now. according to thejustice ministry, they say it s ....
37 people are dead after a turkey cargo plane crashes. the boeing 737 departed from hong kong and went down in kyrgyzstan. it crashed on the way to manas airport. a fire broke out and at least 15 homes in the area were destroyed. and south korean prosecutors seeking arrest warrant for samsung electronics jay y. lee in connection with the corruption scandal. the leaders are investigating over allegations they tried to bribe the south korea president park. the judge will decide to issue the arrest warrant and detain lee. real concerns in evanston, i ....
International airport. victims rushed to the hospital with severe burns after a fire broke out. at least 15 homes in the area were destroyed. poor visibility at the time of the crash. south korea prosecutors looking to arrest jay y. lee. in connection with a massive political corruption scandal. the samsung leader and others are investigated over allegations they tried to bribe south korea president president park. a big question being raised in evanston, illinois after officers arresting a black man accused of stealing a car. turns out, the car was his. on the ground. on the ground! ....