now on bbc news, all the latest business news live from singapore. the us federal reserve is set for its next meeting. what can be expected from the central bank? nailed it. how one of singapore s entrepreneurs set up a business empire. good morning, asia. hello, world. welcome to another edition of asia business report. i m rico hizon. it s a tuesday. glad you could join us. we start off with the us federal reserve and its meeting in washington on tuesday. it is not expected to move interest rates but investors will watch for clues about the next rate hike. there is a backdrop of political uncertainty with tensions running high between the us and north korea. i spoke to oui’ the us and north korea. i spoke to our guest in sydney to see what he was expecting. two more rate hikes this year are on the cards. what they have become good at in the last few years is signalling its intention down the road. there has been an interesting shift away from talking about just the been a
bp s shares rising nearly 3% on that news of a return to profit. also in the programme. we ll be getting the inside track on. how you turn one massage and spa centre into an international business of beauty. as the head of the world bank forecasts a dramatic rise of robots in the workplace, we want to know what could it mean for yourjob. would you work with robots? maybe you do already. let us know. just use the hashtag #bbcbizlive. hello and welcome to business live. one of the world s biggest energy companies, bp, has just announced its latest results for the first quarter of 2017. and as expected it s delivered much better news thanks to the rising price of oil and some effective restructuring. using the oil giant s preferred measure of underlying replacement cost profit, the first quarter of the year came in at $1.1; billion, a healthy improvement on the $485 million loss it made the same quarter last year. this year bp plans to sell off around $4.5 billion worth of asset
Improvement in the quality of the business in the first quarter of 2024 with the Company achieving significant improvement in cash flow and in its gross.
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