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tv   Asia Business Report  BBC News  September 12, 2023 1:30am-1:46am BST

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tesla's stock rallies, as its new supercomputer promises to speed up the development of robo taxis and software services. it's part tennis and part badminton — we learn about one of the fastest growing sports in the world. hello and welcome to asia business report. i'm arunoday mukharji. let's begin on wall street, where the nasdaq closed sharply higher. they were driven by tesla's stock, which rallied more than 10% over its latest development of a supercomputer to train artificial intelligence models for self—driving cars. let's go now to dan ives, a tech analyst
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i think it is early advancements we are seeing in al. tesla is probably one of the best ai out there. clearly, execution is going to be the key over the coming years, but i think investors more and more starting to appreciate that tesla and musk are playing chess while others are playing checkers. tesla is already the world's most viable auto—maker —— 2 trillion. what do you make of this decision to when you look at dojo, it is playing as a destructive auto player, a shot across the other auto—makers. you will see autumn abeles more and more look at disruptive technology, look at the software. the emerging of technology in automotive that is going to another industrial revolution.
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batteries for self driving ai, additional auto companies. that was dan ives — additional auto companies. that was dan ives weighing in with his thoughts on that story. india's prime minister and the saudi arabia crown prince held a meeting in new delhi right after the 620 summit that in concluded over the weekend. significance in india's glowing ambitions in the 8 key south asian power. with the details
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from mumbai. trade and investments in health care and security, were some of the key areas of bilateral talks. also had discussions in 7 the 2 also discussed expediting the free trade deal with the council of saudi arabia is a member. very keen to seal this, the region is 7 it is also seen as a channel to expand india's trade. india — saudi talks are crucial coming just 2 days out from the europe economic corridor. the corridor which will connect south asia to east will connect south asia to east will benefit india and many viewed this as a counter china's ambitious belt and road
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initiative. mrio china's ambitious belt and road initiative. mr 10 i, also to assert his governance global reach. the deals with the usa and australia have been a success, but india has had to temper expectations after canada halted trade talks and the high—profile india— uk deal stumbled. jeremy hunt currently in india and meeting india's finance chief all eyes are also on the progress of this strategic trade talk. now to hong kong. heavy rains disrupted the city last week. trading on the stock exchange was shut, all due to extreme weather. the event is now seen as a wake up call for hong kong and other top—tier cities to look into upgrading their infrastructure. for the financial hub, it is also time to dust off plans made three or four decades ago and start anew with disaster recovery goals. our next guest, a senior
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economist with financial firm natixis, 6ary ng, explains the big and urgent impact of the floods on fixing the city. you don't really want the market to stop trading all of the sudden, because all the other markets around the world are still basically operating normally, so therefore i think it calls for stronger measures for the government to actually decide a plan to allow these economic activities to actually continue to be on, even though we start to see more extreme weather. again, this is not only a problem that hong kong is facing. it is probably a common problem for many financial hubs around the world. with hong kong as that that modern financial hub the entire world talks about — do you feel it's been left behind when it comes to infrastructure development on these fronts7 indeed, if we look at the underground system,
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the underground sewage system, hong kong probably has one of the best ones around the world, but the problem is the majority of the plan is actually designed like 30 years ago. there is some improvement in the past 30 years. however, whether this is actually strong or big enough to actually counter the current climate change risks that we are seeing right now, i think that's a big question mark to it. and the recent events basically shows that there are plenty of stuff that the government can still do. so i think it basically means that the government will need to invest further in the sort of infrastructure to enable hong kong to keep its reliability, stability and also the competitiveness with the city — because if we continue to see this weather disrupting different type of activities, then, of course, it's not good for investors. well, these kind of weather patterns have become more common, as we're seeing around the world. are you seeing those efforts that you're suggesting7 well, for now, i do think that the government is probably aware with
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where the problem is. however, we haven't really seen a very, you know, a big, bold move in terms of gearing the change of green transition and also basically the investment in infrastructure to actually mitigate this impact yet. so, i mean, there's a policy address coming up soon in hong kong, and i do hope that we start to see more of the policies basically being focused on this. more news now. this summer may turn out to be the moment when a fashionable form of exercise took its first big steps to becoming a major business. pickleball is, as they say, all the rage in america, even if participants in more athletic sports tend to look down on it. michelle fleury reports from new york's central park. new york's famed ice rink in central park, trading in skates for a paddle this summer, becoming the latest spot for picklers to play pickleball — including for this new player. pickleball — what do i need to know? well, what do you know about pickleball7 nothing.
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absolutely nothing. amazing. well, the biggest thing to know about pickleball, it blends a few different sports together. the game is a mix of tennis and ping pong, played with a paddle and a wiffle ball across half a tennis court. it's my first time playing pickleball, but i'm late to this trend. oh, sorry. pickleball is on an upswing, growing an astonishing 159% in the last three years. one for the bloopers! work colleagues kwame and emma enjoy it as a sport and a social event. i love it. i think it's super active, engaging, stimulating. it's cool. it's a very... it brings people together. i think it's cool. it's popping up everywhere. it's notjust the city. so it seems like a huge craze. i haven't seen anything like it in a while. some even turning their passion into a job, like my guide for the day, pickleball pro anthony rodriguez. when i first started, it didn't seem like a viable career
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unless you were the number one, number two player in the world. but now you can be a social media influencer within pickleball, or you can still be a professional and make money. yet dinking isn't what springs to mind when it comes to a certain seven—time super bowl winner. i'm coming to dominate the sport, all right? pickleball. the famous american footballer tom brady is just the latest celebrity to become part owner of a major league pickleball pro team. the sport, which appeals to amateurs, is looking to grow the professional side. when you watch elite athletes playing the sport at a high level, it is entertaining and there is a sense of drama. there are millions of people now sharing clips of great action taking place at pro and amateur level, which i think bears out that there is an audience for the pro game and the amateur game, notjust in america but internationally. it's fun, it's addicting. but the fastest growing sport in america is also leading to more injuries. just askjackie montimorano, who plays in
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staten island up to six times a week. my whole knee was swollen and i had pain in the knee. one report warns pickleball injuries may cost americans nearly $400 million this year. dr dennis cardon, who treated jackie, said he's seeing more pickleball players turn up with injuries. arms and legs, but mostly lower legs and really— just muscle strains, low back issues. - despite the risks, that hasn't stopped pickleball from becoming one of america's favourite pastimes. michelle fleury, bbc news, new york.
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bbc news — bringing you different stories from across the uk. nurse cynthia butcher is establishing a baseline, testing the hand—eye coordination of 55—year—old lisa haynes now to see if the drugs she takes as part of a new trial make a difference. lisa has progressive ms. her symptoms first started when she was in her late thirties. some people, when i was walking, they were like, "lise, have you been drinking?" i looked as if i'd had a drink, you know, and i was, no, no, that's just my — i used to call it my dodgy legs. when i walked, it was as if my feet didn't know where the earth was. she's now involved in the first wales—based part of a uk—wide trial. the 0ctopus trial, so called because it has multiple arms and stages, looks to see if medicines used to stem the progression of other conditions can help with hers.
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so in progressive ms in general, we see that there is a slow deterioration in walking abilities as well as cognitive slowing. so we hope to see that all those aspects will be slower by the drugs we try. lisa doesn't know what's in the two large tablets she currently takes each evening. indeed, they may be the placebo, but she's happy to be involved in something that, one day, hopefully, could have a huge impact on the lives of those with ms. for more stories from across the uk, head to the bbc news website. hey, i'm zof with the catch up! tonight — the latest on daniel khalife, an incredible athletic achievement and the hokey cokey. but first — an 11—year—old attacked by a dog in birmingham says american bully xl dogs should be banned. video of the attack has been going round on tiktok all weekend.
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the dog grabbed my hand and he started, like, moving me around. after he let go of my arm, he went on my shoulder. the home secretary's now looking at banning the dogs, but some say bans on breeds don't work. four dog breeds are on the banned list, with cross—breeds banned too. if you have one, you could get an unlimited fine or six months in prison. some other stories now. daniel khalife has appeared in court, after his escape from wandsworth prison last week. the court heard he might have used bedsheets to strap himself under a truck. the 21—year—old terror suspect spent four days on the run before being arrested. all 400 wilko stores will close by early october. 12,500 staff will probably lose theirjobs because the business couldn't be saved. and amputee milly pickles has completed the world's steepest race, "the red bull a00" in slovenia. milly, who lost part of her leg when she was 20,
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said the slope sprint was "unbelivably tough". she's the first amputee to ever reach the finish line! time now, then, for 10 seconds of the hokey cokey. this is perhaps the most british thing ever — a hot weekend and hundreds were out in dorset doing the hokey cokey. i thought i would give it a go... no, do you know what? i'm glad i wasn't there. you're all caught up now. see ya!
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hello, and welcome to sportsday. i'm mimi fawaz. here's what's coming up on the show. paul pogba is provisionally suspended from football due to an anti doping offence. wales get a much needed win over latvia to keep their hopes alive in their euro 2024 qualifying campaign. back to the top as novak djokovic returns to world number one in the tennis rankings after his historic win at the us open.

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