33 Burst results for "China Telecom"

"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:55 min | 7 months ago

"china telecom" Discussed on Bloomberg Radio New York

"And it's ten 30 Friday morning in Hong Kong one 30 Friday afternoon here in Sydney I'm Paul Allen And I'm Doug Kushner at the Bloomberg interactive broker studio in New York We have a mixed picture for equity markets in the apac region on the final day of this trading week next week It's going to be the lunar new year holiday so mainland Chinese markets will not trade at all right now on the mainland Shanghai composite weaker by about 7 tenths of 1% We'll take a closer look at market action when Brian Curtis joins us momentarily Right now a few of the showers top business stories We're hearing SoftBank COO Marcelo claure is preparing to leave the company and then this came after he clashed with found a messy ocean That's over chloride's push for more authority and compensation Peter Ashton tells us how glorious potential departure would impact SoftBank First of all some take share price has been getting hit pretty hard with the tech downturn Car in particular leads to Latin American fund that SoftBank has had so they need to figure out what they're going to do with that Longer term there's a big question of succession from oshi sun To talk about retiring in his 60s Korra was one of the people who had been considered the possibility for that but at this point he's going to be gone There's no obvious person to step into those CEO shoes at SoftBank SoftBank shares right now Hi by 1.3% Well in the U.S. sorry Paul the FCC is ejecting China Unicom from the American market The FCC voted unanimously to do so this follows a decision last year to prevent China Telecom from doing business in the U.S. Now the FCC cited mounting evidence that Chinese state owned carriers pose a real threat to the security of U.S. networks Well in response China Unicom said it's been following U.S. law and it will proactively protect the rights and interests not only of the company but if it's customers as well Now the FCC said China Unicom must discontinue service in the U.S. within 60 days of this order's release China will allow government owned borrowers in guizhou province to negotiate debt extension That's according to a statement from the State Council but it says those deals should be made on certain conditions first local governments should take responsibility of resolving debt risks and off balance sheet borrowing should not increase The move stoking fears that local authorities in China may be struggling to meet their obligations guizhou is one of the poorest provinces in the country and it has more than 30 billion in the so called algae FV debt Yeah we're seeing just a little bit of weakness among real estate stocks in Hong Kong Let's get to Los Angeles Brian Curtis is looking at markets more negativity in Hong Kong huh Yeah definitely It's been that way And in China as well the CSI 300 down 9 tenths of a percent Bear market there and that's even with mutual funds and the state media and some companies themselves in there buying in the market but it seems like some investors are throwing in the towel If you look at the two strong markets though in Tokyo's any case up 2.1% the ASX 200 is up 2% What I think is kind of interesting in the U.S. is the yield curve is flattening here And so you would think that that's because investors are worried about the fed getting aggressive here restoring its reputation and maybe shutting down growth in the United States We're still a ways away from that but markets always look out And so if that is the case the flattening yield curve would raise some questions about buying cyclical companies or companies that benefit from reopening And it actually would make growth companies look more attractive That's not the case right now although if you look at Apple and Microsoft and some of the big tech companies their stock has been going down but their earnings are very very solid So we might see a little change in that The NASDAQ was down 1.4%.

SoftBank Brian Curtis FCC Doug Kushner Bloomberg interactive broker s United States Marcelo claure Peter Ashton Latin American fund Korra China Unicom Hong Kong Paul Allen guizhou China Shanghai China Telecom Sydney
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:27 min | 8 months ago

"china telecom" Discussed on Bloomberg Radio New York

"On the Atlantic seaboard of the United States I'm rashon Solomon Looking at trading underway in Sydney took him so and we're an hour away from the session start in Hong Kong and Shanghai Meanwhile looking at the top stories we got President Biden saying that measures taken by his administration have helped to avert supply chain issues during the holiday season he spoke earlier in a call with business leaders The much predicted crisis didn't occur Packages are moving Gifts are being delivered Shelves are not empty Biden said the U.S. has improved the flow of goods through its ports also touted the falling price of gas and called for passage of its flagship domestic policy bill known as build back better arguing the bill will actually ease price pressures over the long term Chinese AI company sense time likely to price its Hong Kong idea at the bottom of its market range and sources telling us that the company plans to offer one and a half billion shares that three Hong Kong dollars 85 a piece at that price it would raise around about $740 million since time trading expected to start on the 30th of December Meanwhile got China Telecom saying it'll continue most of its operations in the U.S. and that's despite an order from regulators to stop due to concerns over espionage in October the FCC or the Federal Communications Commission voted unanimously to revoke permission for China Telecom to operate in the U.S. China Telecom agreed to discontinue to mobile operations but the company argued that its business focus telecoms services are not common carrier ones as the FCC categorize them therefore the agency's order does not affect those services and that FCC order is due to take effect in January Meanwhile China is said to fall shy on its trade deal promises with the U.S. the phase one agreement signed in 2020 has given some hope that it would ease bilateral tensions between the two However by last month Beijing has only purchased less than 60% of the goods that promised to buy and the current trade agreement is actually expiring It's unclear what will happen in the new year with Chinese purchases of products like soya beans aircraft and or indeed natural gas both so I'd say that they are continuing to discuss the trade deal All right that's a good market let's have a look now at some of those stories making world news Well we can get advice presented at backstep because we've got the U.S. Supreme Court hearing arguments on the Biden vaccine.

Atlantic seaboard rashon Solomon President Biden Hong Kong U.S. FCC China Telecom Shanghai Biden Sydney China Telecom Beijing U.S. Supreme Court
"china telecom" Discussed on Techmeme Ride Home

Techmeme Ride Home

02:09 min | 10 months ago

"china telecom" Discussed on Techmeme Ride Home

"You thought that trade war and tech wars with China were over. Think again. The U.S. Federal Communications Commission has ordered China Telecom America's to stop providing services in the U.S. within 60 days, saying the U.S. unit of China Telecom is subject to Chinese government control and influence, quoting ars technica. The vote was four to zero, with both Democrats and both Republicans approving the order to revoke and terminate China telecoms section two 14 authority to operate in the U.S.. The FCC said its order quote directs China Telecom Americas to discontinue any domestic or international services that it provides pursuant to its section two 14 authority within 60 days, following the release of the order end quote, the FCC pointed to a quote changed national security environment with respect to China since the commission authorized China Telecom Americas to provide telecommunication services in the United States almost two decades ago and quote the company's quote ownership and control by the Chinese government raised significant national security and law enforcement risks by providing opportunities for China Telecom America. It's parent entities and the Chinese government to access store disrupt and or misread U.S. communications, which in turn allow them to engage in espionage and other harmful activities against the United States. The FCC said the FCC began its review of China Telecom after the Department of Justice recommended terminating the company's authorization in April of 2020. The DOJ at the time said that China Telecom failed to comply with a 2007 agreement with the DOJ and that it made, quote, inaccurate statements to U.S. government authorities about where China Telecom stored its U.S. records, raising questions about who has access to those records. And inaccurate public representations concerning its cybersecurity practices, which raise questions about China telecoms compliance with federal and state cybersecurity and privacy laws. The FCC today said that quote, China Telecom, America's conduct and representations to the commission and other U.S. government agencies demonstrate a lack of candor, trustworthiness and reliability that erodes the baseline level of trust that the commission and other U.S. government agencies require of telecommunications carriers, given the critical nature of the provision of telecommunication service in the United.

U.S. China Telecom Americas China Telecom FCC Chinese government China China Telecom America U.S. Federal Communications Co DOJ ars technica U.S. government United
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:52 min | 10 months ago

"china telecom" Discussed on Bloomberg Radio New York

"With this Bloomberg radio business slash We're focused on earnings this morning in particular Deutsche Bank and financials including DWS Deutsche Bank shares dropped 4.7% right now despite reporting higher third quarter profits DWS is just barely impossib to portents of 1% Heineken though delivered a blow in terms of its beer shipments in Asia COVID really hitting those sales effectively So the share price for Heineken down by 1.9% And then banker Santander was one of the other financials reporting that drops 2.7% Right now this amidst a border wheat market in Europe you're so 600 Carly down three tenths of 1% 3100 or so dropping a quarter of 1% of course ahead of Rishi sunak's budget at lunchtime today Meanwhile we also have got futures for the U.S. market open Wall Street of of course close at another record high yesterday Futures for the U.S. market open if I can get those up U.S. sesame fondant features gaining barely a tenth of 1% NASDAQ futures up by a tenth of 1% Again the results in terms of the big tech numbers were pretty mixed from Twitter from alphabet a form Microsoft Also this caught my attention U.S. and China tensions escalated the FCC banning China Telecom and more pressure on China evergreen too What happened in China Well the CSI 300 dropped 1.3% and the hang seng also off by 1.6% When we see bond markets for U.S. yields said it wants what 6% say down a basis point That is able to make radio business flash That is van Gogh's with more and more to go online Hi Caroline Here in the Yuki MP say the NHS test and trade system has failed to break chains of COVID transmission despite.

DWS Deutsche Bank Heineken Rishi sunak DWS U.S. Deutsche Bank Bloomberg Santander Carly Asia China Europe China Telecom
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:41 min | 10 months ago

"china telecom" Discussed on Bloomberg Radio New York

"All right Charlie thank you so much for that update A lot going on on this Tuesday And that includes the U.S. FCC Federal Communications Commission voting to revoke licenses held by China Telecom and pledging more steps to purge the U.S. market of Chinese tech companies in the name of security It was a red headline when across the Bloomberg terminal earlier today Here's what you need to know Bloomberg news is Todd shield He covers technology in the FCC he's with us on the phone from Maryland Todd walk us through exactly what the FCC did today and the significance of it Yeah this was an interesting move It's been brewing for a number of months or years at the FCC as it examines the role of Chinese telecommunications carriers in the U.S. market These carriers do not have a big share in the U.S. market but they do have links to Chinese networks and that's the source of concern by U.S. security agencies and increasingly now the Federal Communications Commission So today it said that China tell America's a subsidiary of big China Telecom based in Beijing The FCC said China tell common Americas poses a threat of espionage due to its control by a state owned company and thus its control by the Chinese government says the FCC The company says no it's not controlled by the Chinese government But their assists the FCC on a four nothing vote would purge the U.S. of this company within 60 days They've got to shut down within 60 days unless something happens Todd you write that since 2019 the FCC has moved against telecom equipment maker Huawei technologies barred China Mobile from the U.S. market moved toward ending authorizations for China Unicom America specific networks corp more is there any difference between the policy enacted under the Trump administration from the FCC versus what's happening under the Biden administration This is interesting and here was a question we all had over the months as we changed administration But it appears not at least in regard to telecommunication There's the same sort of emphasis the same rhetoric and the same steps are being taken with perhaps more to come One of the FCC commissioners is proposing similar steps against a big drone maker DJI so on it goes and not a real change in rhetoric or action You know it's interesting I mean this is the backdrop of you know beginning certainly during the Trump administration continuing even into the Biden administration fair to say in terms of the growing tensions between the United States and China is that the result of that or is that the catalyst or is it true oversight and really having some serious national security concerns I always try to parse out the chicken and the egg here and I'm not really sure I do know that intelligence agencies have for years now at least since 2012 warned about the capabilities of digital capabilities of Chinese companies in the U.S. market And that's because the world has changed when we were analog of phone line as a phone line Now your phones are Beacon in a broadcast to the world where you are and potentially Hoover's up data about everything people around you and devices around you So it's a much different world now than it was 20 years ago So how much of it is just the technology is so much more capable How much of it is the tensions are just higher Probably a mix of it all to tell you the chair Todd you really piqued my interest with the mention of the drone maker DJI I was in prospect park over the weekend and saw somebody using a DJI drone Well I should say they were trying to They couldn't quite figure out how to make it fly And that's how I was able to see it It was a DJI drone What do you think the regulators concerns are with a company like that They're afraid that that is drones can just go around and take pictures and collect Wi-Fi addresses And who knows what you can do with a drone like that in terms of collecting soft intelligence like this And every time I talk to an intelligence professional they say well it's not so much a secret you get you get patterns of movements You figure out where people are and I don't know You could fly one perhaps outside of a military base You know when shift changes so you know what's it gives you an inkling on what's going on Things like that So it's the power of data compounded and surveillance compound that a zillion little instances add up to a point that is in the forms of detailed picture So I'm told I've never done What's more to come So what we should be as investors who might be watching this market and watching some of the Chinese companies certainly the tone towards Chinese companies has definitely changed because of ever grand and the Chinese clampdown on so many different industries But what should we be watching out for when it comes to maybe more oversight of China tech Well we're going to see definitely don't be surprised at the FCC act against China Newton or Pacific networks in combat Did other drone matter We just spoke about Today the FCC chairwoman said that they're making it a little bumpy or to get permission for submarine cables which is more data transferred I interestingly big companies Google Facebook at those kind of folks are laying bigtables across ocean floors And now it's going to be a little harder for them to get permits They're going to undergo more scrutiny So we're going to see more anytime you're moving data There's going to be question marks So that's kind of the broad point coming out of all this Does this have ramifications with how Chinese regulators treat American companies trying to do business That's hard to tell isn't it so far we haven't seen many repercussions that I know of in China but that China watchers may contradict me on that U.S. telecom operators I don't think move big into the Chinese market So I don't think there would be a tit for tat to be had to hear But there may be other retaliatory steps possible But I'm just not sure on that All right Todd going to leave it there Thank you so much You really laid it out so well Bloomberg news is Todd shield He covers technology.

FCC U.S. Chinese government Trump administration Biden administration China Telecom China FCC Federal Communications Com Todd shield Huawei technologies Unicom America specific networ Bloomberg news Todd China Mobile Charlie Americas Maryland Beijing Hoover Pacific networks
"china telecom" Discussed on 710 WOR

710 WOR

07:53 min | 1 year ago

"china telecom" Discussed on 710 WOR

"Is Josh Zelinski. The financial quarterback. Company alive with John Smallwood. A friend of mine over the years. In the industry and author of Our featured book. That we're giving away called. It's your wealth. Keep it. We're talking about. How do you impart wealth to the next? Generation. So for those who don't know John John, if you could give your background your audience. Okay, So John Smallwood Is our featured guest today. He wrote the book. It's your Wealth, Keep it the definitive guide. To growing, protecting, enjoying and passing on your wealth. And we've we're giving away three free copies to the first. Three of you who schedule and keep You're no obligation review. We're gonna be talking about whatever you want to talk about it 800 321 07 10 an article for discussion. 90% of rich people squander. Their fortune. So we're talking about how to pass wealth on to the next generation. John Smallwood is a senior wealth advisor. Smallwood Wealth management. Providing investment consulting and financial plan design, is also author of the book. It's Your Wealth, Keep It The definitive guide to growing protecting, enjoying and passing on your wealth. So John, for those who are not familiar with you describe your background. In the financial services industry. I can't hear him. Okay, so we're gonna We're gonna Go to the phone lines. 803 2107 10. A few of the financial question now is the time. So why do rich people squander their fortunes or another? Wade's forget, you know, it's like, walk, watching a train wreck. You know what to reach people do with their money. Forget the rich. What about your kids? Why can't you? You've saved two nickels. You saved 500,000 and an irate God bless you. Why does it seem like there's a disconnect? With your Children. Why do you seem to not know? How to pass on. That wealth Gene. So we'll talk about that. About seven in 10 families lose their fortune. By the second generation, according to a study of more than 3200 high net worth families by the Williams Group. Wealth consultancy. The third generation 90%. So we love to hear from you if you have questions on stocks Bonds. Annuities mutual funds Now is the time to chime in at 803 21. Michael Cole, the president of Sent private capital management who has worked with clients more than With more than 75 million. Says he knows why often, it's because of failures in trust. And communication among family members. Wealth often breaks down families and relationships. So wouldn't it be great if we could bring about a cohesive plan? The past, not just our wealth, put our values to the next generation. I think the major reason people don't pass their wealth to the next generation. Is precisely because The value's question. They don't know how to pass their values on or maybe they don't have values. What's your value? How do you pass wealth on to the next generation? Also this week in the news, and this is shocking. Three companies were delisted in the market. From Chinese markets and then the New York's James said. They will delist them. And they will add them, then they will delist them. What are we doing with the C C P What are we doing with the Chinese Communist Party? And good for the New York Stock Exchange to delist those three Chinese companies. Um And there could be some problems here. Wealth is under pressure. You got China Unicom, China Telecom. In China Mobile Now there's a lot going on here. New York stock Exchange Reverse course again and then they were very scores again. But here's the thing Regardless of what you know what's going on in the political world. I am deeply troubled by the fact that we're allowing Chinese companies to list on our exchanges. So here's what's happening. We're having inflation. Rampant inflation in America right now, you may not see it, but it's here. Just look at Bitcoin 40,000. That is a signal of maybe even hyperinflation. But inflation is definitely upon us. Now we have The Chinese using our markets. Now, this is not a negative on Chinese immigrants. We're on, uh ethnic groups that are Chinese. What I'm referring to is the Chinese Communist Party backed companies. They take their money. Then they get rich off of our company. It's like, where is Jack? Ma? Hello, Jack. Were have you been Nobody can find him. The oligarch of Ali Baba and and financial But then they list on our public exchanges. They get rich off of our exchanges. And then they buyer get what happens when the Chinese don't want to buy our dead anymore. What happens when the dollar loses its status as the World Reserve currency. So two big problems I'm seeing in the financial world. Many you're troubled, of course by the political events of the last week. I don't want to get too political here but financially. There is a tsunami coming in the form of our debt. We are borrowing money like drunken sailors to give away $2000 a person. We're we're getting that from. So our guest is John Smallwood. John, are you there? I am here. Can you hear me? Ok, so for listeners describe your background real quick Get in the wolf management business for about 30 years we have a full service financial planning firm where we help.

John Smallwood John John Smallwood Wealth management Chinese Communist Party New York Jack Josh Zelinski China Mobile China Unicom Ali Baba Wade Williams Group Michael Cole advisor America Ma China Telecom
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:56 min | 1 year ago

"china telecom" Discussed on Bloomberg Radio New York

"Got a rally in the South Korean equity market. Now with a cost be ahead by calling 2.2%. We have many of the stocks that we track here pushing higher, particularly Honda, which is up by 18% right now the company confirming that it is, in fact, in discussions with Apple regarding developing a self driving electric car. This was initially reported by the cable TV unit. Of Korea Economic daily. These discussions are at an early stage shares are rallying, and that's helping to send the costly higher by about 2.2%. Samsung shares right now better by 1.7%. Fourth quarter operating profit was below estimates. But the stock may be getting a lived from some very bullish guidance by the way of Micron Technology, the largest U. S. Maker of memory chips that happened after the bell here in the states and Micron shares are up by more than 1%. Right now in Tokyo, the Nikkei ahead 1.5%. The yen is weaker here at 107 93, largely because of a rally in the dollar during the New York session. Bloomberg Dollars. Spot Index was up about 6/10 of 1% in Hong Kong. Hang sang. Better by about 3/10 of 1% Shanghai composite a bit weak, though down about 2/10 of 1%. We've been talking on the program about the delisting of those major Chinese telcos from the New York Stock Exchange. Latest development on that front happened after the bell when M. S C. I said it would remove the three from many of its benchmark indices and similar move by way of S and P. Dow Jones. As well. So right now in Hong Kong, China Mobile Down about 4%, China Telecom Down about 6% in China Unicom Weaker by about 3% 10 Year Treasury remaining elevated in yield terms. Just under 1.1% on the 10 year. That is market action. We can move next to Global news at Baxter.

Hong Kong China Unicom Weaker New York China Telecom Korea Economic daily Micron Samsung China Mobile Honda Dow Jones Bloomberg Apple Shanghai Tokyo
NYSE Says Again It Will Delist Three Chinese Telecom Stocks

Techmeme Ride Home

03:49 min | 1 year ago

NYSE Says Again It Will Delist Three Chinese Telecom Stocks

"The trump administration is in its final days. But that doesn't mean that they're not still pressing ahead with their aggressive china policy when it comes to tech president trump has signed an executive order banning transactions with aunt groups ali pay tencent's wechat pay and q. Q. as well as five other chinese payment apps quoting reuters lee order argues that the united states must take aggressive action against developers of china software applications to protect national security it tasks the commerce department with defining which transactions will be banned under the directive within forty five days and targets tencent holdings q. q. And we chat pay as well quote by accessing personal electronic devices such smartphones tablets and computers chinese connected software applications can access and capture vast swaths of information from users including sensitive personally identifiable information and private information. The executive order states such data collection quote would permit china to track the locations of federal employees and contractors and build dossiers of personal information the document ads and quote so as i've said several times when it relates to the subject i still haven't developed a definitive opinion about this whole tech cold war with china. Smart people. I know really do believe that. China's tech ambitions are set to the us's dominance in various ways and so must be meaningfully countered the problem. I'm having though is at least these last few years. The trump administration in my opinion hasn't put together a coherent argument about what they're doing. Or why so. It's hard for me to even form an opinion. That's not me being political. That's just me being someone in the tech industry that feels this whole posture. Vis-a-vis china by the government has been maddeningly inconsistent. So far case in point after pressure from the us government. The new york stock exchange said it would delist the stocks of three chinese companies china mobile china telecom and china unicom in order to satisfy an executive order imposing restrictions to prevent american companies and individuals from investing in companies identified as being affiliated with the chinese military. Now that was always the plan they were going to list these three companies and then two days ago the nyse reverse course and said it would no longer dealers those companies now today. they're reversing the reverse quoting cnbc. The exchange reversed that decision on monday causing much confusion treasury secretary mnuchin told the exchange that he disagreed with the original reversal. A senior administration official told. Cnbc's eamon jabar's the mis's said the latest reversal was due to new guidance. From treasury's office of foreign assets control that said people in the us could not engage in certain transactions with the three companies as of next monday trading of the three securities will be suspended at four pm eastern time on monday the exchange said and quote. See what. I mean confusing as all get out isn't it. China mobile is a one hundred billion dollar company. I believe they've been listed on the nyse for more than a decade. As i said before around these issues capitalism requires a clear set of rules that everyone involved in the great game of capitalism can understand if you don't know what the parameters of engaging and capitalism are then that's not capitalism so i guess one of the bigger questions going into the new year does president biden have as big an ax to grind with china tech as president trump. Did and will we get a more coherent position. Vis-a-vis chinese tech

China Tencent President Trump Lee Order Commerce Department Nyse ALI Reuters United States Mnuchin China Telecom Eamon Jabar Unicom Treasury Us Government Cnbc Office Of Foreign Assets Contr
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:49 min | 1 year ago

"china telecom" Discussed on Bloomberg Radio New York

"APP and at Bloomberg Quick, Take these. He's a Bloomberg business Flash. Stops. You moved a bit further into the green as traders monitor the key elections in Georgia will decide which party controls the U. S. Senate for the next two years, setting the scope of President elect Joe Biden's agenda. In a volatile session. The S and P rebounded, his energy producers jumped along with oil. Crude based some of the gains after OPEC plus reached a deal to broadly hold output. Let's check the numbers now S and P is up 4/10 of a percent of 15. The Dow Jones industrial average is up 4/10 of a percent of 116 in the NASDAQ's up a half a percent of 58. The 10. Years down, 12 30 seconds. The yield 300.95% West Texas Intermediate Crude is up 4.6% of 49 80 a barrel with comics gold up 4/10 of a percent of 1954 30 an ounce. Well again, 1 to 63, the euro dollar 22 99 the British pound it out of 36 37. That's a Bloomberg business Flash. I'm Greg Jared, now more Bloomberg balance of Power with David Weston on Bloomberg Radio. Thistles balance of power on Bloomberg television and radio. I'm David Westin. It's time now to check in on the markets. Joining us now is Caroline. So Kelly, we're all waiting for the Georgia elections. One of the markets waiting for they are also waiting for the Georgia elections. David while also trying to digest each and every headline related To the pandemic, but on Georgia, specifically, really waiting to see whether or not there is confirmation of what the market has already placed in, which is a divided government. Where that leaves us is an equity market that is struggling for direction today, really, since the future sessions started last night, flipping between gains and losses we opened in the red moved higher, flipped back into negative territory, and now we're up about 4/10 of 1%. We will have to see if those gains do hold. Of course, this follows The worst opening session for a new year since 2016 on Monday. Now we're seeing more decisive action today is in the oil market wt. I actually crossed above $50 a barrel for the first time since February earlier and still up some 4.5%. This has everything to do with OPEC deciding to keep production steady. In February. There are interesting dynamics there, Russia and Kazakhstan will actually get to hike production. It is the Saudis that are going to cut to make up for that. Politics aside, the market does like it today, in the boost we're seeing in oil prices is boosting energy stocks as well. Apache and marathon each higher by about 11% energy, foreign away the best performing sector in the S and P 500 today and flip up the board. If we can and talk about some other big movers on the day China Telecom companies talk about a U turn, the nicey has decided it will not deal with the likes of China Telecom, China Mobile or China Unicom. This is an abrupt shift from what it had previously decided in order to comply. With the Trump administration banned. The nicey isn't saying why they have made this decision. But clearly the market is happy with it. All of those stocks higher to the tune of around 10 to 14% In today's session, David Okay, thank you so much to keep the lines for that report on the markets. Tony Ressler is executive chairman of Areas management. But he's also the lead owner of the Atlanta Hawks. And throughout this election year, he's used the State Farm arena, where the Hawks play their home games as an early voting location, making the Atlanta voters have a safe and efficient way of cash, casting their ballots. Welcome now back to Bloomberg's A. Tony, Thanks so much for being with us. We've talked to you periodically for the update on how this process is gone with your goal of really making it easier to vote for the people. In and around Atlanta. What's your update as of today, Election day. Well, we continue to believe that over the past three weeks early voting in the state of Georgia has been remarkably successful. If you will on guy do want to make clear the state farm arena in the runoff was open for the first week of the runoff and had extraordinary numbers I might add, but.

Bloomberg Georgia Bloomberg Quick OPEC Atlanta Hawks Bloomberg Radio Tony Ressler State Farm arena David Westin China Telecom Atlanta Joe Biden U. S. Senate David David Weston
NYSE does a U-turn on Chinese telecoms delistings

Daily Tech Headlines

00:25 sec | 1 year ago

NYSE does a U-turn on Chinese telecoms delistings

"New york stock exchange announced. It will no longer delist china. Telecom china mobile and china unicom last week. The exchange trading stocks would be suspended on january seventh ahead of a full delisting to be in compliance with an executive order that forbid trading of shares in companies tied to the chinese military. The exchange did not say what changed in terms of compliance to that executive order other than to say it will continue to evaluate the applicability of the order to those companies

China Unicom New York
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:22 min | 1 year ago

"china telecom" Discussed on Bloomberg Radio New York

"New York Stock Exchange Regulation says it no longer intends to move forward with the delisting of China Telecom, China Mobile and China Unicom. And this was part of U. S sanctions against companies that had links to the Chinese military. At the moment we see these stocks rebounding right across the board. China Mobile Up around 6% Unicom, 7% China Telecom around 6% and the Hang Sang Index. Has gone from some fairly serious losses to creating just about flat here at the moment and looking at 10 Cent is trading up two and a quarter percent. Ali Baba is still lower, and we just saw flashes well across the terminal that Ali Baba is shutting its music streaming app The popular show Me not to be confused with shell me a separate company. Anyway, As we look across the markets we've seen a decided turn to the upside. The M S c I A specific index is now up about 2/10 of 1% couple of markets still languishing a bit. The Nikkei down 1/10 of 1%, the S and P Hey, Sex. 200 is down about 2/10 of 1%. But a lot of markets like China. The seaside 300 is now up 8/10 of 1%. We also see the Cosby higher by about 1/10 of a percent. And Taiwan is up about 3/10 of a present so very big change this morning again if you just joined us. The New York Stock Exchange says it no longer plans to delist these Chinese telecommunications companies. But you're also, though, said it would remove semiconductor manufacturing international is well as As China Unicom. Now we wonder whether this might get adjusted here and also Nanjing Panda these for companies that were also as part of a U. S sanctions. Against China footsie Russell, saying it would remove them from their global indexes. The dollar is weaker now down 2/10 of 1% the yield on the 10 year treasury up to 92 basis points. So look at market, said Back stress News in San Francisco. All right, thank you. Brian. England is back and lock down for at least three weeks. Prime Minister Boris Johnson says a new variant is caused an increase in hospitalization by a third in one week threatening the health care system. Hong Kong is pushed back. The reopening of classrooms for more than a month is part of the efforts to curb the spread. Variant, by the way, has been identified. New York and California New York Governor Andrew Cuomo says he will intervene to get more hospital administered vaccinations as well as nursing homes. France says it is speeding up vaccine roll out His pressure is put on President Micron on the slow speed of the effort. Japan's Prime Minister Yoshi Hideous Soga, Sudha says that there are Developing final stages of his emergency plan, and he doesn't expect all events to be canceled. But he wants possibly to limit all inbound travelers. Both Joe Biden and Donald Trump in Georgia today just ahead of the special election runoff tomorrow, Mr Trump is rallying right now repeating the themes of his campaign. As if the election never happened and claiming that he won the election. Mr Biden painting the two candidates, Republican candidates there as tied to more to trump than the Constitution. Meanwhile, the Georgia Secretary of State is out today with a laundry list of rumors Donald Trump presented in his weekend calls, saying none of them is new. And none of them is true in San Francisco. I'm Ed Baxter, this is Bloomberg. Bloomberg opinion.

China Unicom China Telecom China Mobile New York China Donald Trump Ali Baba Governor Andrew Cuomo San Francisco Unicom Joe Biden Prime Minister Boris Johnson Bloomberg Nanjing Panda Taiwan U. S Cosby
China says it will respond to delisting of telecom giants

Freakonomics Radio

00:50 sec | 1 year ago

China says it will respond to delisting of telecom giants

"Vowing to respond after the New York Stock Exchange said it will delist three Chinese companies following an executive order from President Trump. Will bar Americans from vesting in firms believed to be linked to China's military, NPR's John wrote reports. The investment band takes effect on January 11th. The New York Stock Exchange said on Thursday it would complete the delistings by then. Companies are China Telecom, China Mobile and China Unicom, Hong Kong all our major state owned telecommunications firms. China's Commerce Ministry says the U. S move hurts the interests not only of the Chinese firms but also investors outside China. Including in the United States. It says it will also damage confidence in US capital markets. In response, China will take necessary measures to quote resolutely safeguard the legitimate rights and interests of Chinese enterprises. It did not give details of what that would entail.

New York Stock Exchange President Trump China Commerce Ministry China Telecom NPR China Mobile Unicom John Hong Kong U. United States
"china telecom" Discussed on WTOP

WTOP

01:41 min | 1 year ago

"china telecom" Discussed on WTOP

"It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies that the U. S government says are owned or controlled by the Chinese military. Stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom Hong Kong with trading of the company's suspended in early January. I'm Julie Walker. Wikileaks founder Julian Assad's will find out Monday whether he could be extradited from the U. K to the U. S. To face espionage charges over the publication of Secret American military documents. A judge will announce her decision on Monday morning at 10 o'clock if she grants the request. The Britain, then Britain's home secretary, will make the final decision. Whichever side loses, is expected to appeal, which could lead to more years of legal wrangling coming up after traffic and weather on w T o P o fire that forced dozens from their homes in Prince George's County was apparently deliberately set. We'll have that story next 9 36. Hindsight is 2020 2020 was a brutal year with a lot. We couldn't control pandemic economy, unemployment. What can we control our job? Our career in 2020. My computer career helped more people start I t careers than ever. Don't look back with 2020 hindsight next year and see yourself in that 2020 job. Take control. Go toe my computer career dot e d u and take the free career evaluation. It's not rocket science. It's my computer career dot e. D u Hindsight is 2020 2020 was a brutal year with a lot. We couldn't control pandemic.

China Julian Assad China Unicom Hong Kong China Telecom Britain China Mobile Beijing Julie Walker Trump Prince George Wikileaks Washington executive U. S secretary President founder U. K
NYSE to Delist China's Major Telecom Operators

WTOP 24 Hour News

00:35 sec | 1 year ago

NYSE to Delist China's Major Telecom Operators

"China says it will take necessary countermeasures in response to the New York Stock Exchange announcement that it will delist three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies that the U. S government says are owned or controlled by the Chinese military. Stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom Hong Kong with trading of the company's suspended in early

China President Trump New York Stock Exchange U. S Government Beijing Washington Delis China Telecom China Mobile Hong Kong
"china telecom" Discussed on 860AM The Answer

860AM The Answer

03:04 min | 1 year ago

"china telecom" Discussed on 860AM The Answer

"Congress meets next week to certify the electoral college results. The 11 senators, led by Ted Cruz of Texas say they will vote against certain state electors unless Congress appoints an electoral commission to immediately conduct an audit of the election results. While acknowledging they're unlikely to change the results, the group says they will reject electors from what they described as disputed states has not regularly given and lawfully certified. Election officials from both parties and President Trump's now former Attorney General William Barr have said there was no evidence of widespread fraud, and Senate Majority Leader Mitch McConnell has urged Republicans against efforts to overturn the election. And Thomas Washington. China says it will take necessary countermeasures and response to New York Stock Exchange is announcement it would d list three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. The U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker. Funeral services held today for Louisiana Congressman elect to Dive from Covert 19 complications Republican Luke let Lowe died Tuesday at the age of 41 just five days before being sworn in tomorrow. Meanwhile, Virginia Republican state Senator Ben Chaff and died after contracting the coronavirus he was 60 years old to sports. Notable Deaths. Hall of Fame football player Floyd Little died at 78 NBA Hall of Famer Paul Westfall was 70. Maura Town hall dot com. Meanwhile, relief Thank you is so successful in lowering or eliminating pain. I'm often asked that question Beatings Have Talbot, the father and son, founders of really Factor tell me they believe our bodies were designed to heal. That's right, designed to heal on Now, I agree. The doctors who formulated really factor for Pete and self selected the four best ingredients 100% drug free ingredients that each help your body deal with inflammation. That's correct. Each of the four ingredients deal with inflammation on a different metabolic. Pathway that right They're approaching your pain from four different angles may very well be. Why so many Americans find such wonderful pain relief If you have back pain, shoulder neck, hip, knee or foot pain from exercise, or even just getting older, you must order the three week quick start now discounted the only 1995 to see if it will work for you, too. I think it could give your body what it needs to heal itself. Got to really factored outcome. Call 805 183 84 early factor dot com. French police detained five people in an investigation into an underground New year's Eve Brave party that drew at least 2500 people despite a coronavirus curfew..

China President Trump Congress Ted Cruz Maura Town hall China Telecom Lowe China Unicom Thomas Washington Mitch McConnell China Mobile Beijing Julie Walker Senate Texas Hong Kong Floyd Little
"china telecom" Discussed on News-Talk 1400 The Patriot

News-Talk 1400 The Patriot

02:48 min | 1 year ago

"china telecom" Discussed on News-Talk 1400 The Patriot

"Com. I'm Rhonda Rock Strip A number of Republican senators plan to challenge the outcome of the presidential election when Congress meets next week to certify the electoral college results. The 11 senators, led by Ted Cruz of Texas say they will vote against certain state electors unless Congress appoints an electoral commission to immediately conduct an audit of the election results. While acknowledging they're unlikely to change the results, the group says they will reject electors from what they described as disputed states has not regularly given and lawfully certified election officials from both parties and President Trump's now former Attorney General William Barr have said there was no evidence of widespread fraud, and Senate Majority Leader Mitch McConnell has urged Republicans against efforts to overturn the election. And Thomas Washington. China says it will take necessary countermeasures and response to New York Stock Exchange is announcement it would d list three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. That the U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker. Funeral services held today for Louisiana Congressman elect to Die from Covert 19 complications Republican Luke let Lowe died Tuesday at the age of 41 just five days before being sworn in tomorrow. Meanwhile, Virginia Republican state Senator Ben Chaff and died after contracting the coronavirus he was 60 years old to sports. Notable Deaths. Hall of Fame football player Floyd Little died at 78 NBA Hall of Famer Paul Westfall was 70. Maura Town hall dot com. Meanwhile, relief Thank you is so successful in lowering or eliminating pain. I'm often asked that question Beaten Self. Talbot, the father and son, founders of really Factor tell me they believe our bodies were designed to heal. That's right, designed to heal on now, I agree. The doctors who formulated really factor for Pete and self selected the four best ingredients 100% drug free ingredients that each help your body deal with inflammation. That's correct. Each of the four ingredients deal with inflammation on a different metabolic. Pathway that right they're approaching your pain from four different angles may very well be. Why so many Americans find such wonderful pain relief If you have back pain, shoulder, neck, hip, knee or foot pain from exercise, or even just getting older, you must order the three week quick start now discounted the only 1995 to see if it will work for you, too. I think it could give your body what it needs to.

China President Trump Congress Lowe Maura Town hall Ted Cruz Mitch McConnell China Telecom China Unicom Thomas Washington Senate William Barr China Mobile fraud Beijing Julie Walker
"china telecom" Discussed on AP News

AP News

04:07 min | 1 year ago

"china telecom" Discussed on AP News

"The move pushes arounds program a technical step away from weapons grade levels. It comes amid heightened tensions between Iran and the U. S. In the waning days of the administration of President Donald Trump. To unilaterally withdrew. America from Tehran's nuclear deal in 2018 arounds decision comes after its parliament passed a bill aimed at hiking enrichment to pressure Europe into providing sanctions relief. It also serves pressure ahead of the inauguration of President elect Joe Biden, who says he is willing to re enter the nuclear deal. I'm Sarah Bassett. Iran says it plans when rich uranium up to 20% at its underground Ford a nuclear facility as soon as possible. The move pushes arounds program a technical step away from weapons grade levels. It comes amid heightened tensions between Iran and the U. S. In the waning days of the administration of President Donald Trump. Unilaterally withdrew. America from Tehran's nuclear deal in 2018 arounds decision comes after its parliament passed a bill aimed at hiking enrichment to pressure Europe into providing sanctions relief. It also serves pressure ahead of the inauguration of President elect Joe Biden, who says he is willing to re enter the nuclear deal. I'm Sarah Bassett. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. But the U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker. China says it will take necessary Countermeasures in response to the New York Stock Exchange is announcement that it would delist three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies that the U. S government says are owned or controlled by the Chinese military. Stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker. For all the sorrow, isolation and frustration the pandemic has caused. Some have found ways to mentally escape while at the same time contributing to the effort to slow the virus. 95 year old Miriam Looker of Marysville, Ohio, sprang into action when the Corona virus pandemic struck the spring, using her quilting skills to make masks at the request of her stepson, a doctor who wanted them for his patients. Residents of the Walnut Crossing assisted living community where looker herself lives. She'd gotten up to making at least 10 per day until coming down with the coronavirus in November. It was kind of my turn. I guess, she says. The good news is she's now recovered and back to making masks about 1700 to date in a fellow resident is added to having made nearly 1300 of her own. I'm Ben Thomas 95 year old Miriam Looker of Marysville, Ohio, sprang into action when the Corona virus pandemic struck the spring, using her quilting skills to make masks at the request of her stepson, a doctor who wanted them for his patients. Residents of the Walnut Crossing assisted living community where looker herself lives. She'd gotten up to making at least 10 per day until coming down with the coronavirus in November. It was kind of my turn. I guess, she says. The good news is she's now recovered and back to making masks about 1700 to date in a fellow resident is added to having made nearly 1300 of her own. I'm Ben Thomas. British Medical workers say hospitals around the country of facing a perilous situation due to the new Corona virus variant concerns amounting about the ability of the National Health Service to cope with the anticipated increasing people seeking treatment for covert 19. Could be.

Miriam Looker President Donald Trump China Iran Joe Biden China Unicom China Telecom Sarah Bassett China Mobile Julie Walker Walnut Crossing Tehran Ben Thomas Europe Beijing Hong Kong America Marysville
New York Stock Exchange to delist 3 biggest Chinese telecoms to comply with Trump executive order

KHOW Marketplace

00:20 sec | 1 year ago

New York Stock Exchange to delist 3 biggest Chinese telecoms to comply with Trump executive order

"China warning of retaliation after the New York Stock Exchange delisted three major telecoms China Telecom China Mobile and China UNICOM President Trump issuing an executive order to ban publicly traded companies owned or controlled by the Chinese military. China's calling the move and abuse of national security. Trading will be suspended the second week in

China Telecom China Mobile President Trump China New York Stock Exchange Unicom
NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order

Home Sweet Home Chicago

00:39 sec | 1 year ago

NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order

"China says it will take necessary countermeasures in response to the New York Stock Exchange is announcement that it would d list three major Chinese telecoms AP Correspondent Julie Walker reports. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. That the U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker,

Julie Walker China New York Stock Exchange President Trump U. S Government Beijing Washington Delis China Telecom China Mobile China Unicom Hong Kong
China warns of retaliation for NYSE's delisting of companies

AP News Radio

00:39 sec | 1 year ago

China warns of retaliation for NYSE's delisting of companies

"China says it will take necessary countermeasures in response to the New York stock exchange's announcement that it would delist three major Chinese telecoms it's the latest flare up of tensions between Beijing and Washington China did not offer details on what the measures might be the move stems from an executive order president trump issued barring investment in publicly traded companies that the U. S. government says are owned or controlled by the Chinese military the stock exchange said Thursday it would delist China telecom China mobile and China unicom Hong Kong with trading of the company's suspended in early January I'm Julie Walker

China President Trump New York Stock Exchange U. S. Government Beijing Washington Hong Kong Julie Walker
Stock exchange delisting 3 China companies under Trump order

Bloomberg Daybreak

00:42 sec | 1 year ago

Stock exchange delisting 3 China companies under Trump order

"Exchange has announced. It is delisting three Chinese companies or from Bloomberg's Denise Pellegrini. The nicey is removing China Mobile, China Telecom and China unit come from the exchange. This is to comply with an executive order from President Trump. The order imposes restrictions on companies affiliated with China's military. China Telecom's US unit has said it's an independent business, and China's Foreign Ministry has said the U. S. Is viciously slandering its military civilian policies. The three companies do have alternate listings in Hong Kong and the U. S de listing is seen as largely symbolic. But China's government is also threatening to come up with its own blacklist of US Cos Denise Pellegrini Bloomberg Radio. It

Denise Pellegrini China Telecom President Trump China China Mobile Foreign Ministry Bloomberg U. United States Hong Kong Bloomberg Radio
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 1 year ago

"china telecom" Discussed on Bloomberg Radio New York

"Is 9:30 A.m. in Hong Kong, and here in Singapore on Juliette Solly. We have training under way across much of Asia. Now the Hang Sang index opening higher by about 7/10 of 1% on the CSR 300 is up. A third of 1% Doug Prisoner will give us a full market wrap shortly. Well, Senate Majority Leader Mitch McConnell is top lieutenants have said keep it. Portions of a bipartisan proposal likely won't be getting backing from a majority of Republicans Senator John Thune said the group is unlikely to thread the needle on liability protections for employers. This is a key sticking point for the Republicans. Earlier, McConnell suggested dropping the liability provisions in exchange for Democrats giving up on including aid to states and localities. But the idea has been rejected by both Speaker Nancy Pelosi and Senate Democratic leader Chuck Schumer. Henrietta Trays at Veda Partners says it may take until next week for both sides to come together If you put a bill out now, all that sunlight on it will be getting toxic. No. None of the members want to be on the record voting for another massive deficit increasing package on the Republican side and so we really just need to get to, I would say next Tuesday. Before a concert to see real text of a package come out and then ultimately votes just before the 18th If we're lucky speaker Pelosi's suggested that Congress could stay through the holidays if necessary to get a bill passed well. The Federal Communications Commission has moved against Chinese companies while way Technologies and China Telecom we get the latest from Bloomberg's Tom Mackenzie The FCC in unanimous votes ordered carries to remove equipment made by highway and started proceedings asking whether to ban China Telecom from operating in the U. S. Security agencies say China Telecom has failed to comply with cyber security and privacy laws and could be used as a tool for spying by the Chinese government. Last year, the FCC barred the use of US subsidies for purchasing communications equipment from far away on Zed T E. Chinese companies deny they pose a risk in Beijing. Tom Mackenzie Bloomberg Daybreak Asia. China Telecom, opening higher in Hong Kong by about half of 1% well, Disney has announced subscribers.

China Telecom Mitch McConnell Hong Kong Senate Tom Mackenzie Nancy Pelosi Federal Communications Commiss Asia Juliette Solly Senator John Thune Chuck Schumer Doug Prisoner Singapore Henrietta Trays Zed T E. Chinese Veda Partners Bloomberg Beijing Disney
Trump bans US investment in Chinese military-linked firms: How are the markets responding?

Bloomberg Best

00:37 sec | 1 year ago

Trump bans US investment in Chinese military-linked firms: How are the markets responding?

"An order prohibiting US investments in Chinese firms determined to be owned or controlled by the country's military. And we see some stocks listed here in Hong Kong like China Mobile, China Telecom cleaning down about 5%. Some gains, though in technology 10 Cent reported 29% revenue growth in the third quarter from covert era boom and gaming demand, and the stock is being rewarded a little bit this morning, Trading up 2.7% Ali Baba Is up 1.2% and a few other tech stocks like shall meet. Are also trading higher in

China Telecom China Mobile Hong Kong United States
Trump administration wants to purge Chinese tech from US networks

Techmeme Ride Home

01:36 min | 2 years ago

Trump administration wants to purge Chinese tech from US networks

"In a speech yesterday secretary of State Mike pompeo outlined a new five pronged quote unquote clean network effort designed to curb potential national security risks allegedly posed by technology from. This would specifically include banning untrusted Chinese apps from us, APP stores. Let me go through the five prongs line by line. I, a concept called clean carrier. The US government is working to ensure that untrusted Chinese telecoms can't provide or interfere with US communications second clean store quote we want to see untrusted Chinese apps removed from US APP stores, and quote Third Clean Apps Pumpido said he wants to keep Wa and other Chinese manufacturers from pre installing or Even, making available popular US apps. Fourth Clean Cloud, making sure Americans data is protected and can't be accessed by cloud systems from alibaba China Telecom tencent and Others v Clean Cable keeping undersea cables secure particularly from Wa Wa quoting CNBC with parent companies based in China APPS TIKTOK and we chat and others are significant threats to personal data of American citizens not dimensioned tools for Chinese Communist Party content censorship pompeo said during a press briefing, the nation's top diplomat. Added that the State Department would work with the Commerce Department as well as the Defense Department to limit the ability of Chinese cloud service providers to collect store and process data in the United States and quote.

Mike Pompeo Chinese Communist Party United States Alibaba China Telecom WA State Department Commerce Department Defense Department China Cnbc Telecoms Tencent
South Africa's Harmony raises $200 million in share sale

Newscast - Africa

00:48 sec | 2 years ago

South Africa's Harmony raises $200 million in share sale

"The US Defense Department has determined that twenty top is firms including hallway either owned by or backed by the China's military, the list sin by US media features. Evans of firm. Hick, vision China Telecoms China. Mobile and. The dissemination could lay the groundwork for new year's financial sanctions against the firm's. It comes as the US has pressured other countries including the UK to Bach while way for national security reasons. According to the BBC The list has been published in order to inform congressional committees us, businesses, investments and other potential partners of China's firms about the real such firms may play in transferring sensitive technologies. China's military. The list is also likely to grow. And that was the news at this time

China Telecoms China China United States Us Defense Department Hick Evans Bach BBC UK
"china telecom" Discussed on WTMJ 620

WTMJ 620

02:00 min | 2 years ago

"china telecom" Discussed on WTMJ 620

"Pentagon says there was no such warning multiple sources telling ABC news that back in November of the military's national center for medical intelligence warned about an uncontained fires burning through on China the warning was detailed and specific it made it clear where was it made it clear that it was a health matter and affections disease kind of thing there is an ability for the intelligence experts and analysts to see these things and it would have led to other intelligence agencies like the CIA like the National Security Agency to need to go out and get even more detail ABC's Josh Margolin ABC news contributor Jon call on former homeland security says protective gear and other medical equipment could have been pre positioned much much earlier in the day that had serious questions need to be asked why steps weren't taken more quickly hi to deal with this issue of the U. S. death toll in the pandemic top fourteen thousand federal emergency managers are telling Congress the nation's stockpile of personal protective equipment is nearly exhausted and health and Human Services and FEMA officials say they've run out of PP for states and they're holding the ten percent left for federal workers house oversight committee releasing an HHS memo showing the federal government is given states only a fraction of the protective gear requested in one case a smaller state Vermont received the same number of respirators Texan ABC sandy field in Washington the state of New Jersey pushed its presidential primary back a month governor Phil Murphy we want to preserve the possibility that improvements in the public health situation will allow his meet for in person voting and delaying the primary by five weeks increases the likelihood of that the New Jersey primary rescheduled for July seventh you're listening to ABC news seven seven see the end of the T. M. J. Miller from the annex wealth management studio this is news radio W. T. M. J. welcome back to.

New Jersey W. T. M. J. ABC HHS Jon Josh Margolin T. M. J. Miller Phil Murphy Pentagon Washington Vermont federal government FEMA Congress National Security Agency CIA China
Pompeo Makes Unscheduled Trip to Iraq to Press U.S. Concerns About Iran

Monocle 24: The Globalist

03:56 min | 3 years ago

Pompeo Makes Unscheduled Trip to Iraq to Press U.S. Concerns About Iran

"Been a busy few days of the US secretary of state, Mike Pompeo made an unscheduled visit to Iraq as tensions rise in the Middle East, then he popped over to London to reaffirm American warnings to the UK government about ties with China's telecoms giant Walli will warnings bahide. Let's speak not to Jacob park steady. Head of the US Ambi America's program at the think tank Chatham house Jacob will we'll get onto hallway in a second start with the Middle East, Mr. Pompeo turn of him Baghdad unexpectedly and a trip that was interpreted as an attempt to reassure the Iraqi government is these tensions rise over Iran. It's an attempt to reassure the Iraqi government, but in jersey away, it's all attempt to reaffirm America's preeminent place in the Iraqi sort of political system, which is going to be difficult because the US commitment to Iraq is at the end of very very long logistical chain where Iran shares a border with Iraq. Iran. Shares a religion with a substantial number of the Rockies. There are huge long standing cultural political ties, they're so Iran despite having a fraction of the overall economic military and political power of the United States on the global stage has much more directly leverage over rock than the United States dies at has in a much more long standing way US could eventually decide to reduce spread between the Middle East the wrong. They'll be there. So there's a fundamental. Disparity which goes against the broad power and Iran, and I think palm pales visiting the tempt to to try to shore up the US position in the face of that. I think his works out for him. Frankly, I think the the Iraqi government is obviously trying to balance between the two, but at the end of the day, they can read them out. And they understand that you know, that the people in their region are going to stand there region. In terms of influence, and and maintaining American influence and not just in Iraq different parts of the world. In order to go to Iraq, Mr. Pompeo, abruptly cancelled plans for meeting with Anglo Markle that didn't go down very well in Berlin. No, that's part and parcel with a broad deterioration in American German relations under the Trump administration. The president has clearly decided that uncle miracle is his foremost adversary in Europe that German cars or national security threat to the United States does arly that the the Germany is leveraging its position within the EU to wage economic war on on American manufacturing Americans in general, obviously, that's the some central misreading of situation if not outright abrogations, but the fact of the matter is that's bottled something's driving particular rain. And if the few a few Germans are thrown under it in the process, he doesn't really care. So I don't think palm pale has done any damage to his. His main constituency his boss, the president by angering the Germans, but the damage to American German pies in if there, and it's substantial on this is this is just part of this is it is it is Iran, which is seems to be dominating Fulton Washington. At the moment, we have the move to deploy Achraf carrier strike group to the Middle East. We have these concerns about security potential tax targeting American interests in the region. The US says we do not want war with Iran. But but it it doesn't give that impression by its

Iran United States Iraq Middle East Mike Pompeo Iraqi Government Jacob Park Ambi America President Trump Baghdad China London UK Telecoms Walli Anglo Markle Palm EU Europe
"china telecom" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:55 min | 3 years ago

"china telecom" Discussed on Bloomberg Radio New York

"Deal ever in the international payment sector been base. Catherine linski says a great number of companies feel the need to be in this industry estimates they said it should be about a three trillion dollar market for global ecommerce volume. And so everyone sort of wants a piece of that by F is in well pay will both provide. We'll provide tech. That lets consumers security pain overseas vendor on an e commerce site. Oh tap cards in order to buy some blue Cup of coffee. We'll be talking about this through the course of this show. The most popular Netflix streaming service in China is angling to build a short video app. We have more on that from Bloomberg's Yvonne man IT wants to start an entertainment oriented service. That's as it tries to make a splash in an arena already credit with viral phenoms and bite dances. Doughy? Tencent backed quiet show. Here's how CEO going you put it to us through a translator. I hope before the end of twenty twenty that we can get a nap with more than ten million users by do control company has good reason to be focused on this fast. Growing market IT was China's largest video streaming site in January ahead of tencent and Alibaba Yoku but gong says ad revenue. Growth has Pete and is beginning to slow in Hong Kong. I'm Yvonne, man. Bloomberg daybreak Asia. Okay. We are. Of course, also talking about other Chinese text ten cent that with results this week. We've got China Mobile and China Telecom to become a bit. Well, as a matter of fact, it's bit later on today in the Asian session. And we got Jeffrey saying China Telecom and China live on my report twenty nine thousand nine capital expenditure that is below consensus whether these full year numbers Jeffries also saying that China Mobile net income for the quarter, maybe estimates, but China Telecom may miss as for US China trade we had a story over the weekend indicating that President Trump, and she might not meet until the end of June. Meantime, agriculture secretary Sonny Perdue is calling the talks with Beijing very dynamic. We have more on that from Bloomberg's Denise Pellegrini Purdue telling reporters China has offered some very attractive numbers for purchase of US farm goods. But he also told us at the national grain and feed association's annual convention in Florida. The US is still ironing out details. Including how commitments would be enforced and implemented. And he also says Washington still has some concerns over biotechnology, including about setting up a framework that would allow egg biotech innovations to flow into China in the future without being curved by non-tariff barriers and Agnes for the US trade rep's office says the US is also still pushing to address structural trade issues. Denise Pellegrini, Bloomberg daybreak Asia. There are great concerns and Boeing may not be able to get the max family of seven three seven aircraft back into the air as soon as it wants said bags.

China Bloomberg US China Telecom China Mobile Sonny Perdue Asia Tencent Denise Pellegrini Catherine linski Denise Pellegrini Purdue Netflix Boeing Hong Kong CEO Pete President Trump Alibaba Yoku twenty twenty secretary
"china telecom" Discussed on KQED Radio

KQED Radio

02:07 min | 3 years ago

"china telecom" Discussed on KQED Radio

"That's the theme for the HBO series succession. Composed by nNcholas retell his score for if Beale street could talk is nominated for an Oscar tomorrow on fresh air. We'll talk about the new five G network that is being constructed and will be the new central nervous system of the internet. The China Telecom giant. Wow way is dominating the creation of five G networks around the world, which could give China more access for cyber espionage and hacking. My guest will be David Sanger, a national security correspondent for the New York Times and the author of a book about cyber war. I hope you'll join us. Fresh Air's executive producer is gaining Miller. Our technical director and engineer is Audrey Bentham. Our associate producer for digital media is Molly seavy nesper. Roberta shorrock directs the show. I'm Terry gross. Support for NPR comes from this station and from creative planning an independent wealth management firm. Taking a financial planning led approach to managing clients. Investments at creative planning dot com slash NPR,.

Fresh Air David Sanger China Telecom NPR producer HBO New York Times China Terry gross Audrey Bentham Roberta shorrock executive producer Oscar nNcholas technical director Miller engineer
US-China Trade Talks Resume With Optimism For A Deal

Mark Levin

05:21 min | 3 years ago

US-China Trade Talks Resume With Optimism For A Deal

"Are in this delegation. A Geoffrey Garin who is the deputy US trade Representative is leading the delegation, but I think that's good because these are probably the guys who could I really do the grunt work on any type of trade agreement, and and could really roll up their sleeves and get something done here. Now will there be a big announcement out of the two days of talks? I doubt it, but could this lay the groundwork for an agreement down the road, that's more likely here. And I think the fact that the United States may be is kind of changing tack a little bit with China is encouraging and both sides are going in with some optimism. What change because of China was a bristling at a lot of the things that the United States was doing had. They do they what common ground of they found. In the meantime, well that remains to be seen. I think China has seen now that this ongoing dispute between the US and China is not good economically. We've had come. I reports coming out of China that definitely show a slow down there. They're manufacturing us loan down as well. So I think that they realize that it is in everybody's best interest to have some type of trade agreement with the United States. Now, it may be easier said than done I mean, some of the concrete items like. For instance. Okay, suppose, we're going to buy a million metric tons of soybeans. That's fine. I mean that kind of stuff can be can be worked out. It is the more abstract items like the alleged intellectual property theft by China or China's government sponsored economic program China twenty twenty-five where they will kind of bolster industries that they feel will be big in the future like, robotics and clean energy vehicles. Things like that. These are the things that are going to be tougher to resolve between the United States and China. And in addition, China's telecom giant Weiwei, which is trying to become the pre-eminent telecommunications company in the world in five G technology. The United States has already banned any purchase of their equipment in this country. So it really is. There are some difficult issues between the two. Yeah. I know that two of the intellectual properties been going on for years and years and years. Yeah. Really? This is something that it was always seen as maybe the cost of doing business in China. The Trump administration one of the first to call them out on this not an easy problem to solve. But again, I think that both countries realize that it's in their best interest. And the the best interests of the global economy for the two to at least get along with some type of basic agreement these islands that they built down in the South China Sea. Are they going to come up at all? Yeah. And it's interesting today as these talks were getting underway in Beijing. The United States floated a guided missile destroyer the USS Campbell through the South China Sea near the Paracel islands. And that's one of the groups of islands that China is trying to militarize and anytime we go through the South China Sea. It's an aggravant to China. So I don't know why we did it now. But it certainly is an issue that's going to aggravate the situation as is Taiwan, president Xi Jinping recently said the Chinese military should be ready for battle that China is not ruling out the use of force to bring Taiwan back into the fold. There's another issue between the US and China bills emperors with us on NewsRadio one thousand K T. Okay. Talking about China and relations with China. Are there any talks because I know that now that we have a Democratic Congress and know, they're they're pushing a green agenda and China is probably one of the biggest offenders in the world when it comes to carp fl chlorofluorocarbon emissions. Does that coming up on the table at all? Well, that's not one of the main issues coming up. Now, they they will be talking energy. And whether that is that comes up as part of that. I'm not sure, but as far as right now, some of the main issues that we're gonna talk about agriculture. Of course, they want to open up Chinese markets to our farmers once again without tariffs automobile tariffs that they had to pay on US auto is going into China. Also, as I mentioned energy, China is the world's biggest buyer of oil and gas, and of course, our production is at at all-time levels, particularly natural gas and liquefied natural gas. We could open up markets. There would be good for the United States. But as far as controlling pollution and environmental issues, not on the agenda here. But you're not gonna get the argument for us in Oklahoma. When it comes to exports of energy that is for sure Bill. Thanks for the update from Washington on NewsRadio one thousand Katie. Okay. Take a look under your bed. Find stuff under there. What about jobs? No now. Try your basement. There's a pair of

China United States South China Sea Paracel Islands Geoffrey Garin Newsradio Beijing Representative Democratic Congress Oklahoma Donald Trump Theft Taiwan Washington Xi Jinping Weiwei Katie
China explores merger of carriers China Unicom, China Telecom

The Eric Metaxas Show

01:49 min | 4 years ago

China explores merger of carriers China Unicom, China Telecom

"Now China essentially exploring a mega merger between two of the nation's three wireless carriers merger between the nation's second and third. Biggest telcos China? Unicom and telecom would create the world's second largest wireless operator after China Mobile and give the nation greater scale to speed up development of five G and gain advantage over the United States. Let's bring in Asia Society, senior, fellow Isaac stone fish, though is first of all. What are the benefits and to whom of a merger of this size? So if China Unicom and China Telecom unit telecom, or whatever they decide to call it if they do merge, you're going to see a much larger customer base, which allows for a lot more data analytics a lot more trials a lot more ability to hit a really large market. It would immediately put them out at second right below China Mobile. I think also they would get a lot more government support, which is always key in China. This is a example that Beijing is trying to make this company into much more of a global player and would presumably put a lot more resources behind it. So what are the drawbacks especially for I suppose, China Mobile? So the drawbacks certainly for China Mobile is that it has another big domestic competitor. It's also a sign that perhaps in the party is looking a little bit less favourably as to what the company has an is doing. I think another drawback though, four. The two second third largest Chinese telecoms in China is that putting companies together like this is not necessarily going to lead to more innovation. More efficiency. This is not a market driven move. This is a party driven move. So we don't actually know if the numbers make sense, if the fundamentals make sense of these companies together, or this is just something that Beijing is doing for inscrutable

China China Mobile China Unicom Beijing United States China Telecom Richard Leo Telecoms Asia Society Minnesota Jack Ma Unicom Richard Leone Jd Richard Lewis T Mobile Asia CEO America
Trump defends intervention to help China telecom company ZTE

Bloomberg Daybreak: Europe

02:02 min | 4 years ago

Trump defends intervention to help China telecom company ZTE

"Yeah let's get into some of our top stories carolina whenever far from the trump trade are we we've got more trade news us commerce secretary wilbur ross will head to beijing early this month for more talks the president says that trump's not really pleased with the dog so far the president also defended his flipflop regarding us sanctions on china telecom equipment maker zeti i envision a very large fine i envision perhaps new management new board of directors very tight security rules but we caught them doing bad things we caught them not anybody else we caught them doing bad things and we essentially made it so difficult that it was shut down by shutting them down we're hurting a lot of american companies is it is currently blocked from buying us technology for violating terms of sanctions against iran and north korea the us house has approved a sweeping overhaul of bank regulations it gives president donald trump the chance to make good on his vow to quote do a big number on the dog doddfrank act lawmakers voted two hundred and fifty eight to one hundred fifty nine to advance a measure that is actually the product of years of financial industry lobbying to soften post brexit posts pays crisis rules should say not exactly it comes after sensitive negotiations on capitol hill to attract the bipartisan support needed to get it through a narrowly divided senate so that dodd frank the president says you mozzarella takes center stage as he weighs in on whether to give law professors have a chance to lead the populist government this comes as last minute wobble over the candidate's suitability for the post bloomberg john lane has more president central materialized you to decide as early as wednesday whether to give law professor giuseppe kante a chance to lead a populist government the five star movement insists that content is still the populist candidate defending the.

John Lane Giuseppe Kante Dodd Frank China Beijing Wilbur Ross Professor Carolina Senate Donald Trump North Korea Iran United States President Trump
Trump defends intervention to help China telecom company ZTE

The Norman Goldman Show

02:02 min | 4 years ago

Trump defends intervention to help China telecom company ZTE

"China for half a billion dollars for an indonesian investment in exchange for creating jobs in china is this about making china great again i tell you don't do it did you see that donald trump is his been tweeting about helping a chinese company called z t z t e was is a chinese company and makes phones in america and it was sanctioned sanctioned vp's had problems and one of the causes problems because of us because of sanctions we put on them because we caught them doing business with iran incidentally there's reporting out there that the phones made by z t e can be turned on remotely and turned into activate activated as bugging devices were being used as a phone where you pick it up and call they can be turned into listening devices and spy on you so anyway there are some problems apparently with this company e t but there are big employer in china and they're in deep trouble and he may go out of business and a lot of people lose their job job so chinamade half a billion dollar investment in indonesia for trump property and i've got notes to support this and so then donald trump says okay let's help out z t e is too many jobs are going to be lost as i don't know he's worried about job creation in china benedict donald indeed all right and then we have qatar or cutter if you prefer chew at a are and what michael avenue nadi is doing with cutter guitar the story is just astounding so we've got to get to that and a story that i that i i simply i will send you the link i'll put it up there are social media sites you can redefine yourself it's in the new york times yesterday there was an op ed in the new york times yesterday liberals aren't as smart as they think so i'll put that up for you to read a make a presentation for.

China Donald Trump VP Indonesia Qatar New York Times America Iran Benedict Donald Billion Dollars Billion Dollar