bank and signature bank are facing lawmakers who blame the poor management for the banks failures. the bank ran into trouble after depositors removed their funds causing a panic within the banking system. congress want to know what went wrong. it was the first time anyone had heard from the former ceo of silicon valley bank after the spectacular collapse of the financial institution, he ran for more than a decade. becker apologised what happened but did not seem to take any responsibility for the eventual collapse. in the former executives that were there were slammed for the millions of dollars they received compensation. they were asked if they had any intention of returning some of those funds. how much of the $40 million did you earn from loading up banks with this? are you planning to return to the fdic was yellow compensation, there s been a lot of talk about it long term and short term. i lot of talk about it long-term and short-term. lot of talk about it long-term an
to go above 30,000. japan has just released growth figures. asia s second biggest economy grew 1.6% on annualised rate, much better than what had been predicted. i spoke to neil newman from macquarie capital. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp number certainly does indicate there is a large amount of the domestic economy now contributing to this. as you mentioned cap ex, business spending was up 0.9 on the annual basis, way ahead of expectations. but even private consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers were in march, they were not that impressive, in fact they were quite depressing. the next key one will be injune, april s numbers, and that s when we will start to see the increase in overall wages. of course it s notjust the wage number that contributes to all of this, it
second biggest economy grew 1.6% on annualised rate, much better than what had been predicting, thanks to private consumption and an unexpected rise in capital expenditure. let s bring in neil newman from the quarry capital who joins us live from tokyo. thank you for joining us. the data has come out a lot stronger than expected, talk us through what s been doing quite well. this is a very big and positive surprise. we have been closely watching wage growth, the wage number, which hasn t really filtered through into anything visible as yet. the gdp numbers certainly does indicate there is a large amount of the domestic economy contributing to this. as you mentioned cap ex, business spending was up on the annual basis, way ahead of expectations. but even consumption was also up, 0.6% against the market consensus of 0.4. even though it appears the wage number we have been looking at, the last numbers in march, they were not that impressive, in fact they were quite depressing. t
president biden the power to ban tiktok overfears president biden the power to ban tiktok over fears it is a potential security risk. and thinking out loud. the singer ed sheeran opens up about using music to cope with depression. live from our studio in singapore, this is bbc news. it s newsday. hello, and welcome to the programme. the head of the fbi has claimed it is most likely that covid i9 originated from a leak from the chinese government controlled lab in wuhan. china has accused the fbi politicising the investigation into the origins of coronavirus and says there has been no new scientific evidence to support the theory. other us agencies believe the virus developed naturally. 0ur north america correspondent john sudworth has more. suspicions have long swirled around wuhan s laboratories. now three years after the start of the pandemic, they have burst out into the open once again. the fbi has for quite some time now assessed that the origins of the pandemic are most
biden is handling the issues in his first term. people don t want joe biden and want somebody younger to be president in 2024. it is not that older people cannot work, you should work as long as you want. the most important job in the world, rigorous job as president, not a job for an 86-year-old, which is what joe biden would be at the end of a hypothetical second term. that is an issue for somebody that hasn t shown signs of aging. joe biden says nonsensical things, shakes hands with ghosts and needs to spend every weekend at the beach. he will not be fit in four years. ashley: fabrications or lies he tells all the time, we can t tell if it is fact or fkz. when you talk about the age, you are correct, people in their 80s have an active mind. it is not about the age that other than cans me, it is how long you have been this politics and corrupted by politics of being a politician. when you check the boxes, when they say voters, their ideal candidate is no older than 65, ha