Continues we will tell all. And the inside track on Donald Trumps Business Week later. You can get in touch with the Programme Using the just use the hashtag bbcbizlive. We start in the us where car giant Fiat Chrysler is denying it faces its own dieselgate scandal just a day after volkswagen was fined more than 4 billion for cheating emissions tests. The us regulator the Environmental Protection agency is accusing Fiat Chrysler of failing to disclose emissions software, at least eight different types, installed in thousands of its diesel vehicles. Epa says the software allowed the cars to exceed Pollution Limits and pump out higher levels of harmful nitrogen dioxide. But the companys boss says it did nothing illegal. So how big could this be . The investigation involves Thejeep Grand Cherokee suv and dodge ram pickup made in the last three years. That adds up to more than 100,000 vehicles the vast majority sold in the us. The epa says Fiat Chrysler could be liable for fines of up to 4
The ting jay y. Lee as investigation into south koreas scandal looks to iden to other conglomerates. Takata surges in tokyo after maker ubled airbag settles on a billion Dollar Settlement in the u. S. And with trade data from china will the implications of presidency be reaching. Examining reaction to at whats ng going on as far as the yuan goes, were still about 29 inutes away from the start of trading here in Hong Kong China a mixed picture when it comes to whats happened so far. Who is ve look at coming online and how they are changing the narrative. Malaysia, all starting their session. Kick off with in thegoing on, currency space given that a dollar is showing weekly loss. Fed chair yellen bolster the case of tightening policy. Traders tell us that funds overnight low to further unwind dollar ong positions and that laernl exporters are seen elling the yuan keeping below the 1,200 yuan level koreafter the bank of held its rate at 1. 25 , as largely expected. We do have gold steady
For starting the process to leave the eu. Now on bbc news, all the latest Business News live from singapore a new chap at one of indias Biggest Companies as the new boss takes over, ending a bitterfeud. And may the force be with your wallet. Why pa rents the force be with your wallet. Why parents in asia are spending so much a Birthday Parties like this. It is tuesday. Glad you could join us for this edition of Asia Business report. Im rico hizon. The new Tata Group Chairman takes up office today, ending one of indias most public boardroom spats. A bitter feud was sparked with its predecessor, when he was fired last year. Tata owns more than 100 companies and is one of the oldest businesses in the country. So what are the top issues waiting for the new boss . Seeking divine help, this man is all set to lead one of indias oldest businesses, the tata group. He is the first person out of indias community to be appointed to the post. After an acrimonious stand off with its previous chairma
We are about 30 minutes away open in china and in hong kong. But singapore and malaysia have into whatonline really is a pretty lac lack lusr market. Of course, u. S. Markets have been on holiday for the president s day holiday. So a subdued start. The region, pairing the earlier drop with the costly about 7 10 of a percent. And Australian Shares down about 2 10 of a percent. Aussie took a brief dip but they have since rebounded. A lift,ar yen, getting thatd president s comments a march hike isnt off the table. Leading and financials the rise. Quick check on some of the movers today. Toshiba also in the green today on reports that it may begin the for its chip stakes sale this friday. Going onnto whats over in singapore. A percent here. We did have singapore deliver a budget that hopes to keep growth above 2 . We did have the second finance minister speaking to us this budget, telling us the is about having a new direction mediumtermgh that hump. He did note that the oil and gas indust
The emirates. Angie and im angie lau. We are watching asian stocks rise, along with Industrial Metals as we see the play across the markets here. When it comes to the u. S. Treasury space, some interesting things are happening from saudi arabia. Yousef i would elevate that, promote it from interesting to very interesting. Most countries in the emerging markets have curtailed back the scale of the selling and liquidating of the u. S. Treasury, with the exception of saudi arabia and china. The fire sale is still happening. This chart shows you the extent of what has been happening here, on the chinese side and the saudi arabia side. Both of those countries are trying to use some of those proceeds. Saudi arabia, a decline for the seventh straight month. 123. 7 billion at the end of january. Since then, a 25 decline as it tries to address the 11. 4 budget deficit projected by bloomberg. What is going to happen though, after this bond issue . It is going to change how they lock in those gai