as we start another busy week. i'm steve lai. let's start with taiwan where the new president william lai has been sworn in. he takes over the leadership batten was much of the focus will be on the new president's approach to prostrate relations with china, a key phase for voters in the election was the economy. gdp expand byjust1.3% as export suffered due to a drop in global demand. another issue, youth unemployment. the jobless rate for the young is over 11%. i asked our economist for her perspective on what the new president should prioritise. taiwan's economy has been very resilient over the last few years with growth averaging around 3.4% between 2019— 2023. that's despite the pandemic and this was driven to a large extent by exports given

taiwan's dominance of the global semiconductor industry. around 60% of global semiconductors and 90% of high chips. but economic success has not been felt. so william lai has to address the younger voters concerns overjob voters concerns over job opportunities, voters concerns overjob opportunities, affordability and in general the higher cost of living in taiwan's. so he has also got to maintain taiwan's competitiveness in the technology space and also dummett also has to address the energy challenges, ageing population amongst other. certainly a lot on his plate on the domestic front. 0n the international front, the domestic front. 0n the internationalfront, he does not have to look far for a challenge as well. how do you see his relationship with china and how do you think you will manage it considering china is one of its key trading partiers dummett partners. badging's reaction to — dummett partners. badging's reaction to taiwan's - dummett partners. badging's

reaction to taiwan's election | reaction to taiwan's election outcome has been fairly muted. tensions between beijing and taiwan is likely to be reduced in the next four years of dpp rule, compared to the past eight years of dpp�*s rule. but still i think there is no incentive for either side to increase tensions because this could come at a high economic cost. at the same time, taiwan's is trying to increase its cooperation with the us and its cooperation with the us and it has to continue to toe china's line. for china, it has to deal with a lot of domestic issues at the moment. so i think there will be restraint on both sides to maintain peace and also to keep, prevent escalation of the risk. fix, escalation of the risk. a delicate line for william lai to walk, particularly with that relationship between china and us as well. what does it mean other countries, if tensions continue will it perhaps

damaged taiwan's attempts to attract more investors to the territory?— attract more investors to the territo ? . ., territory? taiwan will continue to be attractive _ territory? taiwan will continue to be attractive because - territory? taiwan will continue to be attractive because of- territory? taiwan will continue to be attractive because of its| to be attractive because of its dominance because of the global semiconductor industry. trade with china is still an important part of taiwan's economy. trade and investment between china and taiwan has not only been shaped by prostrate development, as with other parts of asia, because there are other factors in play, including the us— china tension. dominance of chinese goodsin tension. dominance of chinese goods in 2018, that has accelerated flows of investments and production in china. that has only increased in recent years as a result of the slowdown in china's economy. and after covid—19. that has led to a solution of diversification from china and into other parts of asian and into other parts of asian and into taiwan as well. but

despite all that, china is still taiwan's largest trading partner, accounting for around 20% of taiwan's total trade. even as taiwan wants to reduce its reliance on china, and diversification with us, it needs to do so gradually. it still has an extensive manufacturing industry and supply chain. our business reporter archana shukla this morning has more on the story. that is one of the key concerns of the minds of voters here. over 100,000 of the minds of voters here. 0ver100,000 voters will cast their ballot here. it also

houses the largest slums. this wealth disparity and the gap has only been widening. that is not the story only in mumbai, it is across the country, but starkly visible in mumbai and especially because of the rising prices of commodities across, you talk of daily commodities on oil prices — that has been something that has been concerning voters and has been concerning voters and has been concerning voters and has been one of the key concerns on their minds. add to that, rising unemployment, especially among the educated youth, is something most voters we spoke to on the ground were talking about that. that will be on their minds when they go to cast a vote today. while the ruling party on 1's side has been talking about the massive infrastructure development, the opposition party has been questioning them on not talking about rising unemployment and price rises as well. tell

about rising unemployment and price rises as well.— price rises as well. tell me more about _ price rises as well. tell me more about the _ price rises as well. tell me i more about the constituency seats up for grabs in this phase of the vote.- seats up for grabs in this phase of the vote. the most important — phase of the vote. the most important would _ phase of the vote. the most important would be - phase of the vote. the most important would be the - phase of the vote. the mostj important would be the city, the region of mumbai, because thatis the region of mumbai, because that is the economic capital. it contributes about 6% of gdp. 49 seats go to vote today and the other seats to look at for would be in the northern state of uttar pradesh, where the face of the opposition party will be contesting from his family bastian conceptually dummett constituency. that is a constituency to watch out for stopping others in north india as well as eastern india and some of the biggest issues that have been discussed in the campaign so far have been around the emotive issue of hindu tour as well as price rise in unemployment and those would be the key once to watch out for. ., ~ , ., would be the key once to watch out for. ., ~' , ., , would be the key once to watch out for. ., ~ i. , . out for. thank you very much for getting —

out for. thank you very much for getting us _ out for. thank you very much for getting us across - out for. thank you very much for getting us across that. i for getting us across that. speaking to a slide from the bar where it is just past 7am in the morning. in other news, china has launched an anti—dumping probe into imports of important engineering chemicalfrom the of important engineering chemical from the european union, the us and japan are taiwan's. the chemical is used in medical equipment, car parts and even phone. according to the comms ministry it could take the investigation six months to one—year and follow similar probes by the eu and us into china's subsidies for its strategic sector. leicester japan, with saudi arabia's crown prince will arrive in tokyo. the crown princess moved to open the kingdom's economy to open the kingdom's economy to tourism as well as new business ventures including tech and gaming. if you did not know, it owns a stake in japanese game giant nintendo for example. also a major oil supply to japan. for example. also a major oil supply tojapan. president for example. also a major oil supply to japan. president of trans— local consulting laid tra ns— local consulting laid out trans— local consulting laid out the types of ventures both

japan and saudi arabia might push for on this trip. it is about more _ push for on this trip. it is about more than - push for on this trip. it is about more than a - push for on this trip. it 3 about more than a supplier visiting his consumer. it's more about forging economic ties across areas that do not just encompass oil. with the pif, the saudi public investment fund holding a major stake in nintendo and also other investments there, aramco has done some work with japanese companies, in terms of exporting blue ammonia and there is a lot more going on there is a lot more going on there for that in the chemical industry. it is definitely about forging a longer lasting economic ties.— economic ties. could you tell us more _ economic ties. could you tell us more about _ economic ties. could you tell us more about the _ economic ties. could you tell us more about the other - us more about the other ventures that saudi arabia will be pursuing injapan, particularly the investment coming into japan? particularly the investment coming intojapan? i particularly the investment coming into japan? i would not be surprised — coming into japan? i would not be surprised that _ coming into japan? i would not be surprised that a _ coming into japan? i would not be surprised that a lot - coming into japan? i would not be surprised that a lot of - coming into japan? i would not be surprised that a lot of the l be surprised that a lot of the energy stuff is going to be left mostly from aramco and aramco executives who already

have very deep ties with japan and japanese companies, who i would expect to see is for mbs to pursue looking at other investments, both money going into japan but also to see perhaps to kind of ring some japanese investment to saudi arabia. the saudis are looking to diversify their economy. they would like to manufacture things, for example in saudi arabia. i think they would love to get toyota to open a plant in saudi arabia and other things and what saudi arabia has to offer is they have land, very cheap energy resources to offer, subsidies in terms of that and so it will be interesting to see if there are any mous that are signed as evidence of companies injapan looking to pursue economic investment in saudi arabia and then also there is the saudi money that can be invested in japanese companies with the pif looking to really diversify

their holdings and their investment. in their holdings and their investment.— their holdings and their investment. ., , investment. in other news, bilinarra — investment. in other news, bilinarra elon _ investment. in other news, bilinarra elon musk - investment. in other news, bilinarra elon musk is - investment. in other news, bilinarra elon musk is in . bilinarra elon musk is in indonesia for the launch of spacex spacex satellite internet service for the national health sector. styling service will help improve internet connectivity across remote areas of the country. it is currently available in bali and maluku. more business use for you tomorrow. that's all for you tomorrow. that's all for business today mac. bye for now.

hello, and welcome to sportsday. i'm lizzie greenwood—hughes — here are the headlines. manchester city make history winning four premier

league titles in a row. it's "auf wiedersen, jurgen", as klopp fist pumps his goodbyes to liverpool. and a stunning solo ride moves pogarcer a step closer to a first giro title. welcome to the program. manchester city have won the premier league title for the fourth successive season, becoming the first team in english football history to do so. leading at the start of the day, all they had to do was better arsenal who were two points behind them, and they did it in style, beating west ham 3—1. katie gornall was at the etihad to witness history.

they were selling champions banners, flags here, since full—time but in truth they probably had them ready for weeks and their fans were confident that today would be today because they know that city have been in this position before and they don't falter with the finish line in sight. they are a relentless winning machine and now have done something unique, made history and won four league titles in a row. it is something the great teams of the past, over decades, over a century of english football have not been able to attain. huddesfield in the 19205, arsenal in the 1930s. liverpool in the 19805 enjoyed so much success and of course manchester united's teams under sir alex ferguson in that era were never able to go more than three titles in a row. city have managed that and it is history made here at the etihad. for many outside the city's fan base, and fans will not like me for mentioning it, there

is a cloud currently over this achievement. while those financial charges over the club