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it s newsday. it is eight a.m. here in singapore, one a.m. in london and in new york the trump administration has warned that north korea following pyongyang s first ever launch of missile that could in theory reach the united states mainland. the us ambassador to the united nations has said america would use what she called the ‘full range of our capabilities to defend ourselves and our allies‘. russia and china have said they re opposed to any military action. our diplomatic correspondent james landale reports. today, on the coast of south korea, a barrage of missiles, fired by local and us forces: a simulated attack on the leadership, a show of force and retaliation, backed up tonight by hard words from the united nations security council. today is a dark day, a dark day because yesterday s actions by north korea made the world more dangerous. their illegal missile launch was not just dangerous but reckless. it showed north korea does not want to be part of a ....
business news live from singapore. the owner of kfc, pizza hut and taco bell in china reports of strong profits thanks to hungry consumers. and handmade guitars from the philippines. turning to the internet to save a vanishing craft. good morning, asia and hello, world, glad you could join us for this edition of asia business report. it has been 30 years since the first kfc restau ra nt 30 years since the first kfc restaurant opened in china. the company has come a long way and its owner reported its latest results and the profit is up by nearly 40% other than kfc it also owns pizza hut and taco bell. there are more than 7600 outlets throughout the mainland. consumers have shown their appetite for western style fried chicken and pizza. spinning off its china business has certainly paid off. the sceptics were wrong. if you look at china there is a yen to spend. not only do they have a yen to spend they also have you won. what we are seeing is that chinese consumers want ....