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tv   Asia Business Report  BBC News  April 11, 2024 1:30am-1:46am BST

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from space to land and sea, security and economic ties between us and japan been given their largest ever grade. and we break down the challenges and opportunities faced by migrants arriving in the wol�*s number one economy. good morning welcome to asia business report. die steve lai. our top story today, japan and the united states are forging an even closer relationship following a bilateral summit in what. prime minister fumio kishida and presidentjoe biden unveiled a wide range of agreements that will enhance not just security but agreements that will enhance notjust security but economic ties as well top now take a look at some pictures earlier of them arriving for an official dinner. aside from plans to upgrade the military alliance, the two historical allies have reached deals aimed
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at boosting cooperation to develop artificial intelligence, semiconductors, and green technology. meanwhile, biden and kishida brushed off a dispute over nippon steel's over for us steel, saying it was not a major factor in the majorfactor in the discussions. major factor in the discussions. wendy cutler, a former deputy at the us trade representative, said that us and japan have benefited from maintaining close ties. absolutely. think both sides come into this summit confident and both the president and prime minister in their press conference underscored the huge 2—way investments that are moving between the two countries. the us is the largest fdi partner injapan and vice—versa. japanese companies are making huge investments in the united states and this just serves to bring us closer, particularly with respect to strategic and advanced technology products. right now, the biden administration is also actively in talks with china's economic
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policy makers after something of a drought. we thought janet yellen their over the last few months. how does that fit with the economic eliza hazlett japan for technologies that it doesn't want sell to beijing? welcome i thinkjapan is probably relieved that we are engaged with china, because for japan it's always been important for engagement to continue with china. remember, china is stilljapan�*s largest trading partner. china is in their neighbourhood. and they very much support a stabilisation in us china relations.— stabilisation in us china relations. ., , , stabilisation in us china relations. . , , ., relations. there has been no discussion — relations. there has been no discussion or _ relations. there has been no discussion or no _ relations. there has been no discussion or no mention - relations. there has been no discussion or no mention or| discussion or no mention or they are playing it down that a us steel deal with nippon steel. that's a calibrated decision. they want to focus on the positive, i suppose.- the positive, i suppose. mean, absolutely- _ the positive, i suppose. mean, absolutely. these _ the positive, i suppose. mean, absolutely. these meetings . the positive, i suppose. mean, | absolutely. these meetings you want to focus on positives, but also we need to remember that nippon steel is just one deal in the sea of a lot of foreign
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direct investment moving to both sides of the border. i don't out privately that the japanese are probably very disappointed with the way that the proposed acquisition by nippon steel of us steel is, you know, is moving ahead. but that said, to raise it publicly itjust that said, to raise it publicly it just doesn't serve that said, to raise it publicly itjust doesn't serve either and is not in the interest of either party to do so stop by staying in the us, consumer prices index wol�*s largest economy rose by a larger than expected margin in march as americans continue to pay more forfuel and rental housing. for fuel and rental housing. the forfuel and rental housing. the labour department's consumer price index added zero x 4% after advancing by the same margin in february. it follows use the job growth in the us has accelerated, adding to speculation that the federal reserve could delay cutting interest rates. as we were saying, the us is experiencing a historically tight labour market, with morejobs opened and there are workers to fill them. meanwhile, record numbers of migrants are arriving in the us looking for work stop erin
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delmore reports from new york city. for columbia native alexandra gomez castro, overwhelming joy when she finally got a permit to work legally in new york city. translation: when i receive a work_ translation: when i receive a work permit i became filled with— work permit i became filled with tears of emotion. she, her husband. _ with tears of emotion. she, her husband, and _ with tears of emotion. she, her husband, and their— with tears of emotion. she, her husband, and their three - husband, and their three children are part of an unprecedented wave of migrants arriving in new york city, totalling more than 180,000 since 2022. they come from all over the world, many from south and central america, length threats of violence by foot and seeking asylum at the us border. translation: ~ ., translation: will arrive with nothina translation: will arrive with nothing because _ translation: will arrive with nothing because they - translation: will arrive with nothing because they took - nothing because they took absolutely everything away during the journey.- absolutely everything away during the journey. during the “ourney. there she and her during the journey. there she and her children _ during the journey. there she and her children were - and her children were separated. translation: ., ., , separated. translation: ., translation: halliday explained to 18-year-old — translation: halliday explained to 18-year-old girl _ translation: halliday explained to 18-year-old girl the _ translation: halliday explained to 18-year-old girl the motive - to 18—year—old girl the motive for which we came? it was harder to learn about the
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attempted murder of her mother and father. attempted murder of her mother and father-— and father. reunited, the family trio _ and father. reunited, the family trio -- _ and father. reunited, the family trio -- travel- and father. reunited, the i family trio -- travel further family trio —— travel further north to new york city, which uniquely provides shelter to anyone without housing. a non— profit project handed her her asylum application and secured her a work permit. not everyone finds a way through complex forms and bureaucracy. they wait in old hotels and schools, now makeshift shelters teeming with new arrivals. city services are buckling. calls to shut the border or send them back are at a fever pitch. yet business owners in the city say these new arrivals could be the answer to their labour shortages. answer to their labour shortages-— answer to their labour shortaaes. ., ._ ., x ,, shortages. so imon a whatsapp with 300 restaurant _ shortages. so imon a whatsapp with 300 restaurant owners - shortages. so imon a whatsapp with 300 restaurant owners and everyone is asking all the time, do you have a line cook, you know of a manager, and have a way to? you know of a manager, and have a wa to? ~ ., , you know of a manager, and have awa to? ~ . , _ a way to? migrants come by barbara's — a way to? migrants come by barbara's mexican _ a way to? migrants come by | barbara's mexican restaurant looking for work with the part
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illegal workers slow and complicated stability system is broken. these folks here without the tools they need to help me. it's that basic, rights. unofficial orany help me. it's that basic, rights. unofficial or any new york city kameni restaurant business, if the workers could work we would have jobs. nativeborn workers don't make up nativeborn workers don't make up as much of the us workforce as they used to. the baby boomers are retiring and birth rates have been falling for a while. so, if the us wants to keep up the size of its workforce all grow it immigrants and migrants are a readily available solution. we need the readily available solution. - need the federal government to take action to make it easier for people to come and fill thesejobs. it's not like these jobs. it's not like they're thesejobs. it's not like they're displacing new yorkers, displacing americans from working in theirjobs. £31 displacing americans from working in theirjobs. working in their “obs. of the centuries h working in theirjobs. of the centuries, immigrants - working in theirjobs. of the centuries, immigrants have | centuries, immigrants have travelled to the us looking for work and attempting to create a better life for their families. their work is imprinted on new york's restaurant scene and so
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many other businesses. translation: i many other businesses. tuna/mom- many other businesses. translation: ., ., ., ., ., translation: i am a woman that will learn to _ translation: i am a woman that will learn to work _ translation: i am a woman that will learn to work on _ translation: i am a woman that will learn to work on whatever, i will learn to work on whatever, evenif will learn to work on whatever, even if it's complicated.- even if it's complicated. many in america — even if it's complicated. many in america may _ even if it's complicated. many in america may not _ even if it's complicated. many in america may not welcome l even if it's complicated. many - in america may not welcome her, but alexandra and her family are living out a very american story. erin delmore, bbc news, new york. to other news making headlines, the newest national transportation safety board says the loss of an engine cover on a southwest airlines flight was a maintenance issue. the agency said it will not open a formal investigation into the incident that took these on a boeing 737—800 project. it was taking off in denver on sunday when its engine cover fell off, striking is wing flap. no—one was injured. the federal aviation administration, which is currently investigating the incident, did not immediately respond to a request for comment. let's turn our attention to china, where microsoft's blizzard entertainment unit could be back with popular games such as world of warcraft by this summer under a pending deal
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with chinese gamer netease. if it goes through the move may also signal a marked change of cooperation and agreements on entertainment software in the huge market. that's according to tech analyst dan ives from a word push securities.— word push securities. does become — word push securities. does become the _ word push securities. does become the fact _ word push securities. does become the fact that - word push securities. does become the fact that theyl word push securities. does i become the fact that they are going after china is significant. it shows that now that activision is under the microsoft umbrella... that activision is under the microsoft umbrella. . .- that activision is under the microsoft umbrella... how big is the chinese _ microsoft umbrella... how big is the chinese market - microsoft umbrella... how big is the chinese market they - microsoft umbrella... how big| is the chinese market they are going after?— going after? this could be massive- _ going after? this could be massive. this _ going after? this could be massive. this game - going after? this could be massive. this game could j going after? this could be - massive. this game could add 10-15% massive. this game could add 10— 15% additional revenue opportunity for microsoft when it comes to blizzard and when it comes to blizzard and when it comes to these games. i mean, it's been a missing piece in the puzzle. and i think we microsoft word after activision this was one of the strategic, what i've used areas they needed to focus on. and as a check the box for modela and redmond. check the box for modela and redmond-—
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redmond. now, the netease blizzard deal— redmond. now, the netease blizzard deal on _ redmond. now, the netease blizzard deal on war - redmond. now, the netease blizzard deal on war of - blizzard deal on war of watercraft —— world of warcraft and some other popular games broke down last year of intellectual property and control issues stop is it likely that the pending resolution will solicit the model for gaming accessing china going forward? i really thint mr china going forward? i really thing mr tonkin _ china going forward? i really thing mr tonkin the - china going forward? i really thing mr tonkin the world. i china going forward? i really - thing mr tonkin the world. when you have this disagreement microsoft backing it this could open up pandora's box in a good way and really give a model for future disagreements that we have seen it really be a big sort of headwind in the area. overnight we saw a letter from jack ma endorsing a major restructuring under way at alibaba. is there more change on the way?— on the way? the writing is on the wall- _ on the way? the writing is on the wall. when _ on the way? the writing is on the wall. when you _ on the way? the writing is on the wall. when you -- - on the way? the writing is on the wall. when you -- whenl on the way? the writing is on . the wall. when you -- when jack the wall. when you —— whenjack ma is talking about it, china is behind many of the us players, you start to see change. i believe it lists were
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chinese tack.— chinese tack. dan ives there. before we — chinese tack. dan ives there. before we go. _ chinese tack. dan ives there. before we go, here _ chinese tack. dan ives there. before we go, here is - chinese tack. dan ives there. before we go, here is a - before we go, here is a reminder of how cable companies need to be when navigating sensitivities surrounding the conflict in the middle east. apple has been criticised after the palestinian flag emoji was automatically suggested to iphone users to type in "jerusalem". both israel and the palestinians hold competing claims to the ancient city. this was noted on social media. apple has told the bbc that the change, which followed a recent software update, was not intentional. you can read more about that story on our website. is also available on our mobile app as well. we are keeping an eye on the dinner betweenjoe biden and japan's between joe biden and japan's prime betweenjoe biden and japan's prime minister, fumio kishida. we will let you know if anything comes of it. goodbye for now.
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hey, i'mjulia with the catch up. first, young people in england
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and wales who are questioning their gender identity are being let down. that's what an nhs report has said, from the children's health expert dr hilary cass. she told the bbc that young people are being bypassed by local services, because professionals are too nervous to see them. she also said there isn't enough evidence that puberty blockers are safe, since clinical trials haven't had time to show their impacts into adulthood. nhs england says they've already made changes. sonja told us she faced long waits to get help, before she transitioned. hopefully with the review and its findings, the young trans people of today and the next generations can have a more human and a more respectful transition. some other stories now. assaulting a shop worker is going to be a specific
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criminal offence in england and wales. it's part of a government response to the rise in retail crime. a report found violence and abuse against shop workers went up by 50% last year. gold medal winners in athletics at this year's olympics in paris are also going to get around £110,000, and at the la games in 2028, silver and bronze winners will get pay—outs too. and we'll leave you with ten seconds of rope climbing the eiffel tower. yes, this is anouk garnier, and she just broke a record for climbing up the eiffel tower using a rope. it only took her 18 minutes to reach the second floor — which is 110 metres high. you're all caught up — have a good night!
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hello and welcome to sportsday. i'm gavin ramjaun. barcelona come away with the spoils in paris as they edge a champions league thriller with psg. atletico madrid hold on for the advantage, in their tie with dortmund, but the germans make a good go of it. and it might be time to say a prayer and hope for the best, the unique challenge of augusta, and its amen corner, prepare to host the first major of the golfing year. hello there, and welcome along to sportsday, and we start in the european champions league. one of the standout ties of the quarterfinals didn't disappoint as barcelona got the better of psg, in a topsy turvy game, which saw them take the lead, then come from behind to win 3—2. a huge victory for xavi's side, with a home second leg to come next week. charlie slater was watching.

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