An administrative error. Now on bbc news, all the latest Business News live from singapore. Us markets deliver a Cool Reception to president trumps plan to slash Corporate Tax rates. And living a samsung life. Why south koreas Corporate Giants are so big youd struggle to live without them. Good morning, asia. Hello, world. Glad you could join us for this thursday edition of Asia Business report, im 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 higher gdp that is sustai
And singapores growth surges, beating december quarter forecast. We will be live there for a check on the vital shipping industry. Before we 30 minutes get under way right here in hong kong and china. Singapore just coming on. Looking at those numbers. We had a complete blowout there. Lets take a look at how it is reacting to the data probe we had this morning. Up about 2 10 of 1 , gdp coming on year. Higher up 2 . At movers, uab they are the third biggest lender. Bad load provisions rose. Lower than and ocbc, forecast profits. We see the nikkei lower for a second day, with property and Energy Leading the drop. Toshiba slipping for a fourth day. A single project may be in jeopardy as the u. S. Firm says it may be seeking a new contractor. In australia we do have it snapping a two day rise, act by health and material. Goldmining, seems to be gaining confidence. Third biggest oil and gas producer falling 1 after better than normal forecasts on sale volumes. Narrowsee its net loss to 1 bi
Happy friday we made it. Its the end of the week that made the phrase perfect balls a fixture in every newsroom across the country. Heres what you need to know right now. Turmoil abroad is what were watching. First up two big stories in the middle east the funeral of saudi King Abdullah and unraveling the government in yemen. President hadi and his cabinet resigned and rebels are calling on supporters to hold mass protests. A fallen yemen has huge implications for the United States. The country with a new of key positions, cross roads of the oil trade and central to u. S. Counterterrorism efforts in the middle east and as well as u. S. Drone programs that have become a controversial cornerstone of the global war on terror. The resurge ent al qaeda in the Arabian Peninsula is based in yemen and considered by washington to be al qaedas most dangerous group. With this crisis fears are on the rise in washington and beyond that yemen could become more of a breeding ground for terrorist ambi
KB Kookmin Bank has been selected as the top domestic commercial bank for the 12th consecutive year in the Best Korea Brands 2024 ranking presented by Interbrand, the bank announced earlier this week.
Major financial groups have become strong sponsors for various sports in the country, leading to successful marketing campaigns and remarkable performances by sponsored teams or individual athletes at international sports competitions.