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Chinas president Takes Centre Stage at the World Economic forum. And theresa may is suspected to signal a ha rd theresa may is suspected to signal a hard brexit in a speech later today. Welcome to Asia Business report. Chinas president is expected to urge for more inclusive globalisation as the World Economic forums annual meeting kicks off in switzerland. Xijinping forums annual meeting kicks off in switzerland. Xi jinping will be the first president to attend the summit from his country and this years gathering in the Alpine Resort Of Davos focuses on how leaders should respond to growing po...

Counterfeiters. A warning from lego as its boss in china cant tell the difference between the fake and The Real Thing. And the mainlands most Famous Tech Giant Ali barack obama reports strong revenues and looks to soar even higher with the cloud. Good morning, asia and hello, world. Its a wednesday and glad you could join us for this edition of Asia Business report. We kick off with lego and the danish owned company has told the bbc that authorities in china need to do more to tackle fake goods after the man in charge of legos huge new factory in the mainland failed to spot a fake piece from T...

Out of the dow. Shares of ibm falling hard. Sales coming in short of street estimates for the First Quarter despite gains in the cloud, cybersecurity and watson. It does mark a 20th straight quarter of revenue declines at big blue. Company cfo, martin schroeder, on cloegz well. We have not been solely focused on the top line headline number of when can we print growth. Had we wanted to, we wouldnt have divested 8 billion worth of businesses. We would probably reduce our Investments Overseas where there is a currency impact. That has not been our focus. Joining us now is Credit Suisse analyst w...

Really chilly morning. Something to be mindful out if you are hitting the roads this morning. This is a look from mount vakakan. Low visibility in the valley. And definitely Sacramento Valley. You will encounter some dense patchy fog this morning. 30s and 40s air wide. 47 in San Francisco. 54 in livermore. We have a lot of moisture on the ground that allows there are chillier temperatures. The fog will clear relativelier. Through the weekend well have some high clouds but more sunshine through sunday the fog will clear relatively early. Thanks, julie. Police in hayward believe that a woman mis...

Discussing recession yet again today if oil hadnt reversed course and roared back which caused the dow to rebound from down 265 to up 53 points. S p advanced. 44 . Nasdaq gained. 87 . When you look at the link to the price of oil, the idea we could be headed into a recession has become a powerful fiend. A whispered under current in this environment that services when oil take as dive. When oil goes up we stop worrying. When oil goes lower, the story is back on the table. Then i get a second whisper. It goes like this. If we are talking about going into recession, why the heck does the fed feel...