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Transcripts For BBCNEWS Asia Business Report 20170208

With iron ore , byzpromisingthatparliament howe, fl with iron ore earnings byzpromisingthatparliament howe, fl q and ore earnings byzpromisingthatparliament howe, fl q and making nings byzpromisingthatparliament howe, fl q and making nin switch to recovering . And making the switch to renewable. They look at taiwans powerplay. Good morning, asia, hello, world. Glad you could join us. Im rico hizon. We start off with rio tinto and the worlds second largest biggest producer of iron or is set to reveal its numbers later today and expectations are higher. Iron ore is the main ingredient in steel and ab contribute. After falling for two years, prices have recovered in 2016, helping the companys performance. Earlier i ask an a nalyst performance. Earlier i ask an analyst in sydney about the forecast. We expect rio tinto to report fall earnings for 2016, somewhere in the vicinity of 4. 7 billion us, or 5 billion us. In 2015 they only reported 4. 5 billion us net underlying profit, we beli

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