23 Burst results for "Juliet Solly"

"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:55 min | 1 year ago

"juliet solly" Discussed on Bloomberg Radio New York

"In Singapore. I'm Juliet Solly. And I'm Brian Curtis. We've got trading underway in several key markets around the region still have an hour to go before we get to China markets opening and they'll be coming back after a two day holiday and also Hong Kong will reopen. We've got that National People's Congress bill on national security looming for Hong Kong. We'll see whether risk off tone is something we see right across the region at the moment. It's very much the case. Tokyo, Australia and soul trading up pretty sharply lower on update coming from Doug Prisoner in a moment, But for now, some of the top stories Well, a growing list of Facebook's advertises their set to stop spending on social media. It's in hopes that social media giants will suppress supposed that glorify violence, divide the public and promote racism and discrimination. Bloomberg's Kurt Wagner says Facebook is trying to do damage control. Well, The response has been basically to reach out to a lot of these advertisers and try to point out to them that a lot of the things they're demanding Facebook do our things. The company claims it's already feeling so. The reason these advertisers are boycotting the company right now that they want Facebook to doom or around hate speech and around misinformation. You probably heard us talk about that over the last couple years because those have really been some of the top priorities at the company. And so what we've seen and emails that they've been sending out the advertiser. Then what we saw from CEO Mark outside, I went on a live stream. With that Facebook is basically trying to say, Hey, listen, These are problems that we agree with you on and hear all the different things we've been trying to do over the last couple years to fix them. And CEO Mark Zuckerberg has been a little more hesitant to put limits on discourse, notably controversial post by the U. S President Donald Trump. Well, some welcome news for Boeing as Bloomberg's Denise Pellegrini reports. Federal regulators are clearing 7 37 Max test flights for takeoff. The Federal Aviation Administration has informed congressional staffers the test flights could begin as early as tomorrow. This approval signals the government is finally comfortable with all the software and hardware fixes the playmakers devised for the jet. But even if all goes well, it'll be months before airlines Khun Fly them new pilot training and inspections of each plane have to take place. First. The Max has been grounded for more than 15 months after two fatal crashes. Denise Pellegrini Bloomberg, Debra Keisha Thomas Phillips and acting chairman of the White House Council of Economic Advisers says he had a mild case of covert 19 earlier this month. This accelerated his plan to leave the Trump administration, according to the Wall Street Journal. Phillipson says his healthy is now back to normal. President Trump wasn't exposed, according to a White House official. People's Bank of China will implement newly created monetary tools to make sure liquidity will reach the really economy..

Facebook Donald Trump Bloomberg Hong Kong Denise Pellegrini Bloomberg Juliet Solly President CEO Mark Zuckerberg Singapore Brian Curtis Wall Street Journal Denise Pellegrini China Bank of China Federal Aviation Administratio Phillipson CEO Mark outside Congress
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:27 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"I'm Juliet Solly. And I'm Bryan Curtis trading is underway in several key markets. Now, we still have an hour to go before we get Hong Kong and Shanghai, happy, money, and a number of markets will not trade today, Singapore chief among them for this program, as well as India, Indonesia, Malaysia, and the Philippines, all enjoying holidays today, a very strong rally in the United States, where stocks were up more than two percent ignited by what some vicious saw dovish, comments coming from fed chair Jerome Powell Powell said, the fed is closely monitoring trade developments, and we'll act as appropriate to sustain the US expansion. We also got word that X Treasury Secretary Larry Summers is calling for the fed to cut cut interest rates fifty basis points, this summer, and be ready. To do more. So it's all setting up for a pretty solid rally here today, and we do have that in the midst of things. Now the Nikkei is up one point seven percent. Others moving up as well. All right. Details. Coming up on that shortly with Doug Christner. But now the top stories, well, some developments on U S, China trade, Reuters reporting that Treasury Secretary Steven Mnuchin will make governor Egon at the twenty five minutes mating may Ma China's come as ministry says the trade disputes should be solved through dialogue on the other hand. The ministry also says the US abuses, its power to suppress foreign companies in the World Bank is worried about trade tensions as well as Bloomberg Sarah, McGregor says the Bank is cutting its twenty nineteen global growth forecast, as a result, thank actually cut its forecast for trade growth to two point six percent, full percentage point less than what they thought it would be in January. They also cite financial turmoil. In emerging markets is another factor. And also slow down in convinced? Economy's in really Europe. I think is what they're eyeballing their slowdowns. She mentions would put trade growth at the weakest since the financial crisis. Well, speaking of trade. Mexico's government says vice president Pence will be hosting meetings with a delegation from Mexico at the White House tomorrow. Some Senate Republicans threatening to block the tariffs. President Trump says he'll slap five percent tariffs on Mexico next week. Unless the country does a better job of looking immigrants trying to come into the US. The tariff could hurt many companies, his well Toyota warning that or warning it's US dealers. That threaten tariffs could increase auto parts costs dramatically that story from Bloomberg's Denise Pellegrini Toyota says the five percent tariffs would boost expenses by about two hundred fifty million dollars to one point seven billion dollars. And if the tariffs are ratcheted up as Trump is threatening costs could go up by a billion dollars. And the memo Toyota's put out also says the mid size Tacoma could get, especially hard hit, because sixty five percent of the pickups sold in the US are imported from Mexico. The letter also points out, it's an industry wide problem. General Motors says actually the largest auto importer from Mexico. Denise Pellegrini, Bloomberg daybreak Asia, which as moving to stop a crash in the booming electric car industry. More from Bloomberg's Yvonne man. China has four hundred eighty six aspiring e companies and we're hearing Beijing is considering rules to block the road for some of them. Mm-hmm. Specifically China plans to clamp down on E V startups who farm out there, manufacturing and Beijing wants to see companies have RND investment in China, at least five hundred eighty.

United States Mexico fed Bloomberg China President Trump Treasury Secretary Larry Summe Denise Pellegrini Toyota Juliet Solly Jerome Powell Powell Bryan Curtis Denise Pellegrini McGregor Bloomberg Sarah Hong Kong Beijing Doug Christner Singapore Toyota World Bank
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:37 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"I'm Juliet Solly. And I'm Bryan Curtis. Trading is underway. Now in several key markets around the region, we see some selling in the region, but it's not the big sell off that some might have predicted that may change with China markets opening now as we see some some fairly broad moves to the downside CSI three hundred off one point five percent at one point futures down two percent. And the Shanghai composite is off one point four percent trading. In Hong Kong due to holiday around the rest of the region. The losses are more like in the half a percent or six tenths of one percent. Full details on markets coming up shortly. But first top stories of the hour. We'll President Trump tweeting that the US is on the cusp of taking massive tariffs from China. Trump's talking about redirecting money generated by tariffs to by US, agriculture, products and distribute the food to starving PayPal and White House economic adviser. Larry Kudlow has told folks new stunned Sunday more aid could be on the way for US foam. Maybe the toughest burdens on farmers culture sector. We get that. We've helped him before on lost exports think we had an authorization of twelve dollars. We'll do it again if we have to be and if the numbers show that out. And the White House has said the details on a new round of tariffs on China could becoming as soon as tomorrow. In the meantime, former Treasury Secretary Hank Paulson said that tariffs could hurt the United States. I don't like there's why don't I like them? Because our tax on the American consumer. But I see even more perverse effect with terrorists. Those who do us the great honor of investing in America to business with our companies and suppliers do. So because we always had predictable reliable economic policies CARA jeopardize that. Also, speaking on CBS his face the nation programme heard right here on Bloomberg radio. We should mention as well. The China has yet to retaliate after the tariff hike that Washington put into place last week. China. My goal is pushing back a unit of the Chinese telecom. Equipment giant saying the US should stop putting unreasonable pressure on Chinese companies the FCC voice last week to deny the Chinese carriers. Request into the US market, it Sasha security sense. Sources say that soft bank's vision fund is injecting eight hundred million dollars into the fintech business in the United Kingdom investing the funds into a company called Greenville. And we're also hearing that the investment values. Green sill at three and a half billion dollars says the funding will help it push into China and India, and we'll speed up at six pension efforts in Brazil based flywheel sports has been taken over by Linda and more changes could be a head for flywheel as well. We get more on that from Bloomberg's season. Upon sources say Kennedy Louis investment management has taken over the fitness studio operator and its board. And we're hearing Kennedy Lewis is working with Houlahan LOKI to explore strategic options, including. A full sail and has already received interest from buyers including private equity firms and family offices flywheel has more than forty studios stretching from the Hamptons to West Hollywood, and they're known for their high intensity endorse like Ling and bar classes in New York. I'm Susanna Palmer. Bloomberg daybreak Asia. All right. Thirty three minutes past the hour. Let's check the markets for you do. So every fifteen minutes on the program, the U on is weaker. It's right around the six eighty seven Mark now in the offshore in the onshore at six eighty four seventy one US China tensions pressuring stocks in China with CSI three hundred down one point six percent in the first few minutes of trade. And we're seeing losses around the rest of the region as well for the most part. The Nikkei is down about two thirds of one percent. The Cosby his off three quarters of one percent even markets like Singapore and Taiwan with losses of about nine tenths of a percent seven tenths of percent respectively. We mentioned on the Chinese currency earlier this morning that Goldman Sachs had cut his three-month forecast to six ninety five versus six sixty five. And we see a lot of speculation the markets live blog that this brings seven back into the picture for the Chinese currency versus the US dollar. And we also had a few moments. Ago we had the egg secretary in the United States Sonny Perdue saying that the US wants China to be a customer of American farm products. That's even after the US slapped tariffs on some two hundred billion worth of Chinese goods. He says retaliation by Beijing will prompt the US to boost support to its farmers soon. We just a little bit about that from Larry Kudlow, and let's take a look here at currencies. Doll yen one. Oh, nine seventy three little bit firmer yen this morning. One of the main hedges in Asia euro trading dollar twelve at sixty nine point eight five US talk the morning bitcoin well up over seven thousand dollars now for bitcoin. This is more than a thousand dollar move. Just in in the past couple of days right now, Bitcoin's at seventy fifty five per coin. Juliet to you. Thank you. Brian United Nations secretary General Antonio Gutierrez says he feels the global will to fight climate change is fading. Bloomberg's Ed Baxter is covering all the global news in the Bloomberg nine sixty San Francisco newsroom. Ed. Yeah. Right. Juliet. So Tara's set out on an Asian tour to try and reignite that interest as I stop is New Zealand. We're interested action actually are very high. Now knows eland his adopted a policy become carbon neutral by twenty fifty. Now, he says he has to stop fighting our stop fighting now just makes no sense whatsoever..

China US Bloomberg Juliet Solly Larry Kudlow White House Hong Kong Shanghai Asia Treasury Secretary Hank Paulso secretary Bryan Curtis United Kingdom Goldman Sachs CBS Trump Kennedy Lewis PayPal Kennedy Louis
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:14 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"I'm Bryan Curtis and in Singapore. I'm Juliet Solly. Well, new trading wake up to that very topsy turvy one last week at he's looking like Asian stocks on the down forty in LA trae, let's get all the latest Brian. All right. Thanks very much. Julia. Yes. We're starting to see a little bit more extension to the downside here. As more markets opened up Tokyo's just open down about seven tenths of one percent. One hundred and fifty points off and looking around the rest of the region, the kospi is down eight tenths of percent and the Many's down more than one percent here. And that's a drop of about thirty points to twenty eight fifty seven we haven't seen any response from the Chinese side yet. Although we have got some pretty strong commentary in the state media bring details later on. But the state media is blaming the United States for the setback and trade talks and President Trump has spoken pretty sharply. Again this morning saying China loves ripping off America. He said the US is right where it wants to be and. On the cusp of taking in massive tariffs from China is very different from what the economic adviser Larry cudlow said, and we play his comments for you in just a few moments saying, it's US consumers who will actually pay those bills. The on this week of this morning now all the way down to six eighty seven sixty five. So we're about one half of one percent weaker on the Chinese currency Dalian. Now one nine sixty three. So that's a stronger yen one of the chief haven investments here in the Asia-Pacific. The yield on the ten year two point four two percent and WTI crude sixty one dollars and thirty three cents a barrel. Juliette back to you. All right. Well, let's start with the first story of the day. Of course, and President Trump tweeting about China. Again, this time saying the US is on the cost of taking massive tariffs from China. Why has economic adviser Larry cudlow telling Fox News Sunday hood on Bloomberg radio, the two sides still a lot of what today before they get a try deal one of the sticking points right now is we would like to see these corrections and an agreement which is codified by law in China. Not just a stay council announcement we need to see something much clear. And until we do we have to keep our tariffs on that's part of the enforcement process. As far as we're concerned, China has threatened retaliatory tariffs for the tariff hike. President Trump authorized last week, even so we should mention Kudlow is still holding out some hope for a deal, the talks will continue, and I will say this is g twenty meeting in Japan toward the end of June next month the chances that President Trump in president. She will get. Together, at that meeting are probably pretty good China has also invited. US Trade Representative Robert lighthizer and Treasury Secretary Steven Mnuchin back to Beijing now away from that issue. Hong Kong is moving to coal all the pigs in a slaughterhouse. This is after one of the pigs that was found to be infected with the African swine fever virus. More from Bloomberg's Yvonne man Hong Kong authorities are ordering that all six thousand pigs at a location be called some pork. Traders have been protesting the move. That's the FIA chance secretary for food and health calls the protests illegal, and she says a site must be cleaned and disinfected to the next batch from mainland. China can come in. The Hong Kong government is warning the pork supply, maybe reduced in the near future that is eases fatal for pigs. But a thorny say it does not pose a risk for humans. In Hong Kong. I'm Yvonne man, Bloomberg daybreak Asia back and the IMF have agreed on terms. Of another bailout. We get more from Bloomberg's Denise Pellegrini. The preliminary deal involves six billion dollars over a three year period that's less than the eight billion the country had asked for to deal with a long-running fiscal crisis. The IMF executive board has agreed to meet to approve this deal, and it will be the thirteenth bail for Pakistan since the late eighties. US officials had objected to parts of this bailout saying the IMF could essentially end up funding, the tens of billions of dollars in loans Pakistan has taken from China as part of Beijing's Belton wrote initiative, Denise Pellegrini, Bloomberg daybreak Asia. Well, back in two thousand seventeen China reportedly offered to support the Boeing seven thirty-seven max if US officials would give favorable treatment to Chinese jetliners under development. Bloomberg's Rishaad Salamat has the story. The US Federal Aviation Administration. F A refused to give that to set went us by US trade officials, according to people familiar in the end, China certified. The max anyway, two months ago, China is one of the first countries to ground the seven three seven max after one of the planes crashed in Ethiopia in October seven three seven max crashed in Indonesia joins us willingness to permit. The jets to fly gain will be closely watched and it could hover in the background of trade talks with the United States in. I'm Rishaad Salamat, Bloomberg daybreak Asia. Well, the United Nations secretary general is in New Zealand on his mission to combat climate change at Baxter covering global news in the Bloomberg nine sixty San Francisco newsroom. Ed. Yeah. That's right. Juliet on Tonio thera says he is seeing the global will to fight climate change waning facing climate..

China Bloomberg United States President Trump Hong Kong Asia Juliet Solly IMF economic adviser US Federal Aviation Administra Denise Pellegrini Rishaad Salamat Larry cudlow Beijing Bryan Curtis Singapore Pakistan Julia
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:42 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Singapore. Juliet Solly and I'm Bryan Curtis. Trading is underway in several key markets here in the region. The games are quite slight today. That may be an indication the US China trade deal is fully priced into markets. But we won't know until Hong Kong and China open in about an hour. So that's just a reminder to stay with us here on Bloomberg daybreak Asia. Also, President Trump has tweeted at homeland secretary. Here's the Nielsen is resigning. Love more on that in a moment with Ed Baxter, the US Mexican border is a mess. Right now are off a wake of hated threats from President Trump to close it as many as seven hundred fifty US customs and border protection offices were reassigned to border patrol sater's lost month. And that is limiting the post now needed and snarling traffic. Some of the busiest frontier crossings in the world White House economic adviser. Larry cudlow says people should take President Trump's threats about closing the border seriously. This is yes. Drug traffic and humanitarian, this is an economic issue, and this is a national security issue. So they should take the president. Quite seriously Cutler was speaking on CBS's Face the nation, and while trade relations with Mexico seemed to be heating up Kudlow said that the US and China are making headway on a deal. I can't go into details on this. But we've made great progress on the IP theft. We've made good progress on the force transfer of technology on the ownership there issues outstanding not least of what you're going to be enforcement related issues. Kudlow says that the two sides will be meeting via teleconference later this week. Well, tesla and fit Chrysler attaining up that says fit cross gets ready to comply with stricter European Union..

President Trump US president China Kudlow Juliet Solly Hong Kong economic adviser Ed Baxter Bryan Curtis Bloomberg Asia theft European Union Nielsen Larry cudlow White House Singapore. Chrysler secretary
Fed chair: "We don't feel any hurry" to raise interest rates

Bloomberg Daybreak: Asia

00:48 sec | 2 years ago

Fed chair: "We don't feel any hurry" to raise interest rates

"Percent. We heard from fed chair Jay Powell. Being interviewed earlier here in the states on the CBS news program, sixty minutes. He said fed rate policy is in a very good place right now and patients means the fed is in. No hurry to change rates. US tenure treasury will begin trading shortly in the Tokyo session at a yield of two point six two percent. Juliet Solly in Singapore. Are you up and running? I am indeed dot great debate. Here will as you say fed Jerome Powell has been indicating that fed rate hikes are on hold patient means that we don't feel Kenny hurry to change our interest rate policy. What's happened in the last ninety or so days is that we've seen increasing evidence of the global economy slowing down, although our own economy has continued to

Jay Powell Jerome Powell Juliet Solly CBS United States Kenny Singapore Tokyo Six Two Percent Sixty Minutes
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:55 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Six zero one on Wall Street, we check the markets every fifteen minutes throughout the trading day on Bloomberg p futures are up about twenty points this morning. Dow futures up one hundred seventy four NASDAQ futures up sixty nine the Dax in Germany is up one point four percent. Cac in Paris at one percent Footsie-100 a third of a percent Nikkei two twenty five in Japan. Gained one percent. The Hang Seng in Hong Kong up one point seven percent. Ten year treasury down to thirty seconds yield two point seven four percent. Yield on the two year. Two point five seven percent. Now, I'm ex crude oil up four tenths percent or twenty cents to fifty three thirty four a barrel. Comex gold up a third of a percent up three dollars to twelve eighty eight nine hundred. How's the euro dollar thirteen thirty seven and the yen one oh nine point eight zero Nathan, Karen technology. Stocks are in focus today after earnings from Intel the chipmaker's results fell short of estimates that its first forecast or twenty nineteen points to a slowdown. Bloomberg's Nico grant has more the expectation was that the company's data center. Business would slow down. But analysts expected slow down by this much the underwhelming results. Come as Intel also searches for a new CEO, Bloomberg opinion columnist share over day. This is obviously a company that could use a CEO is really at a crossroads. They've had some production hiccups and intello's sort of no longer the world's leader in making this sort of fastest most efficient chips in the world. Shares of Intel had rallied with other chipmakers yesterday. Now, they're down about five and a half percent in early trading. Stocks in Asia shrugged off those weak results from Intel at tech shares leading gains in the region. Bloomberg's Juliet selling has details from Singapore. Strong session for US chipmakers. Boosted the likes of global wafers and TSMC in Taipei sending the Taiex to a seven week high in Tokyo week again lifted the Nikkei by almost one percent. In Hong Kong. Ten cent gave the biggest boost to the benchmark Hang Seng index and ahead of those vice ministerial trade talks in Washington next week the CSI three hundred closed higher by eight tenths of one percent to three thousand one hundred eighty four points in Singapore. I'm Juliet Solly, Bloomberg daybreak. Juliet, thanks to Bloomberg news is learned China is sending vice ministers to Washington on Monday to prepare for those talks US commerce secretary Wilbur Ross tells Bloomberg the outcome of to go. She ations depends on some tough points of contention. The harder issues are the ones that deal with structural reforms, particularly intellectual property rights. So that's a big issue. The equal market access is another very big issue. The idea of forest technology transfers is a huge issue. So far the US has built next week. Stocks is very important. While playing down the chances of a breakthrough CEOs from US banks could also be headed to Washington as House Democrats seek testimony from some of the biggest names on Wall Street. Bloomberg's Bob moon. Our ports executives are likely to be summoned to face questions from the House Financial Services committee. According to people familiar with the discussions, they at least two banks have been contacted by the office of committee chair Maxene waters, who's promised aggressive oversight of megabanks and the regulators as the Trump administration seeks to ease post financial crisis rules. The panel is considering a hearing soon as March those with knowledge of the discussion say waters hasn't officially requested that the Bank CEO's appear though in the plans might change Bob moon, Bloomberg daybreak. All right, Bob. Thank you. Meanwhile, Senator Elizabeth Warren is proposing tax on the Alterra wealthy. Bloomberg's John Tucker joins us live with that story. Good morning. John. Good morning date warrants plan would require the top seventy five thousand households in the US to pay an annual tax of two percent on each dollar of their net worth above fifty million dollars. It would rise to three percent. On every dollar above one billion dollars, the former Harvard law professor who recently established an exploratory committee for the twenty twenty democratic nomination as made enemies on Wall Street by pinning the blame for rising income inequality on the wealthy at large corporations. Earlier this month, you'll recalled New York democratic Representative Alexandria Cossio. Cortes unveiled a plan to hike the top income tax rate to seventy percent, John Tucker, Bloomberg daybreak. All right. John. Thank you PG. He has been cleared of responsibility for California's wine country fire of 2017 sent shares of the utility higher by seventy five percent yesterday. And it's piquing the interest of investors. Like Kenyon partners co founder Joshua Friedman. I think is very interesting particularly in the debt, but I also think it's early stages. This is going to be a very long ballgame. Bankruptcy still appears likely for PG any well, it's been exonerated from the two thousand seventeen fire the damage from last year's fire still looms. Shares are falling in early trading down three percent while the pound is strengthening its reaching its highest level against the euro since may of two thousand seventeen after a report that Northern Ireland's Democratic Unionist Party could back Theresa May's Brexit plan. Bloomberg Sebastian solid joins us live from London with the latest. Good morning Sebastian. Good morning, Nathan and Karen will the sun newspaper say that the party which props up as minority government has private he decided to throw support behind the deal. The big sticking point is always been the Irish backstopped which could results in the hard border between the north and Republic of Ireland's. And that's something UP firmly opposes butts. The party is reportedly now willing to accepts about stop as low as it specifically time-limited the DP and mayor close to agreeing on amendment for voting in parliament on Tuesday live in London on Sebastian sonic, Bloomberg daybreak Sebastien. Thank you. Crude is gaining for a third day as a deepening crisis in Venezuela threatens to complicate OPEC supply. Casa oil has rallied eighteen percent so far in January and a set for its best month since. 2016 checking prices right now. Nymex crude oil is half percent or twenty six cents at fifty three dollars thirty eight cents a barrel. Straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen? It is six oh seven on Wall Street.

Bloomberg US Intel Hong Kong John Tucker CEO Hang Seng Nathan Juliet Solly London Germany Bob moon Ireland Asia Paris Democratic Unionist Party Singapore
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:32 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"I'm Juliet Solly. And I'm Doug krizner at Bloomberg. He interactive brokers studio in New York, we've got a bit of risk off not by much, but Brian pointed out earlier that a lot of what we're dealing with today in terms of market psychology manifest itself yesterday during the Asian session. We did have quite a downdraft in US equities. We'll unpack the story more closely in a moment right now. This hour's top business stories, we'll Stokes moved off session. Lows following comments by Larry cudlow, the White House. Economic adviser denying reports that low level trade talks between the US and China had been cancelled the financial times reported that departure talks with cold off because of lack of progress on the issues of intellectual property and structural reforms in China, Bloomberg is reporting that for the Trump administration. Verification of intellectual property rights is emerging as a key element of any deal. Well, after the bell here in the states, we got the results from IBM used to be called big blue not so much these days stocks up six and a half percent in late US trading quarterly earnings and the outlook for the full year beat estimates. Now, put this in perspective because in the broader world of tech will hear from Texas Instruments tomorrow than Intel on Thursday investors. They're keeping a close eye on the results like this because of the government shutdown here in the states. We don't really have a lot of data for which the market can use this kind of some guidance. I guess you could say well billionaire investor James Dyson is heading east. He's moving his company's headquarters out of the UK and into Singapore. We get more from Bloomberg's Rennie Inocencio Jason used to be known for vacuum cleaners and hand-driers, but it's expanded into air, purifiers and hair care products as business in Asia grows and. It's kicking off a costly project to build an electric car by the year. Twenty twenty one Jason's been backer of Brexit and Dyson CEO Jim Rowen telling reporters today, the plan move is not due to taxes or fears of Brexit. He says it's motivated by the growing importance of Asia to the company Remy incensio. Bloomberg daybreak Asia. The evidence seems clear economies in China Europe, and the US are experiencing slower growth rates. And it's the reason why Bridgewater founder Ray Dallaglio is expecting less debt issuance this year. I think we are in the later stages of the short term that cycle. Meaning maybe in the seventh or eighth inning of that. And that there was an inappropriate mistaken desire to type monetary policy at a level that was faster than the capital markets could handle that's Dolly O, speaking earlier in the day on a panel at the World Economic Forum in Davos, also said there is a reasonable chance. Slower growth will once again? Produce looser monetary and fiscal policy. Then what is now being discounted in markets. Well, it was a negative day on Wall Street Tuesday. Famour we get this Wall Street wrap from Bloomberg's Charlie Pellett. Move lower for stocks falling the most in three weeks says rising pessimism that trade. Tensions with China will persist helped send technology and multinational companies tumbling as for the global growth picture guy. Hands is chief investment officer with terra firma capital partners. I think of the politicians the reality is the issues we've got around the world. That's the all political if the politicians can get together. So that and help the world economy rather than hindering. I think the cycle could go on for some time. But the reality is that the guy in the opposite way the S and P five hundred index down thirty seven a drop of one point four percent. Dow Industrial's down three hundred won a decline of one point two percent. Nasdaq down one hundred thirty six a drop of one point nine percent in New York. Charlie pellett. Bloomberg daybreak Asia thirty four past the hour. Let's get to Hong Kong Bryan Curtis there with the look at markets. What are you seeing? Well, I'm I'm I'm not sure whether this is semantics or not, but when is a denial not really a denial because we did get the comments from the Trump advisor Larry cudlow that that there were no talks scheduled with Chinese officials. Therefore, they they weren't called off. So that's why I'm saying it's semantics because what the F T story had said was the Trump administration rejected an offer by two Chinese vice ministers to travel to the United States this week for preparatory trade talks. So anyway, that that's what we're dealing with here. Suffice it to say Doug that they are there remain quite a number of tensions between the US and China over getting a trade deal done briefly. Japan's exports fell for the second time in four months in December. Demand was weaker in China and trade war risks, generally clouded. The outlook exports down three point eight percent from the year earlier, economists had been forecasting a drop of one point eight percent and exports were down seven percent to China. Now for some market action. Let's get to Paul Allen and Sydney, Paul good morning morning Brian with sting the stage, something of a recovery. Now, looking kind of flat. We're just off four points. So that's a reversal of the losses that we saw yesterday. The ended the still off by a quarter of one percent bit of a recovery in currencies as well. The seventy one spot twenty eight Mckee we high enough sixty seven spots sixty eight and this is after consumer prices came in a bit quicker than expected of about one point nine percent from a year ago, Brian all right? Thanks very much. Paul the dollar is flat..

Bloomberg China US Asia Brian Doug krizner Larry cudlow Charlie Pellett New York Paul Allen Juliet Solly interactive brokers Stokes Rennie Inocencio Jason James Dyson IBM Intel UK
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:12 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"I'm Juliet Solly. And I'm Doug krizner at Bloomberg. Interactive brokers studio, New York, so we've got to trading underway across the Asia Pacific largely risk off, particularly in Japan. Where the Nikkei is down one point four percent principally due to a much stronger. Yen where the dollar is concerned one. Oh, seven ninety five in the end right now, we had the fed minutes out during the US session, kind of indicator. A little more dovish nece than was the tone struck in the fed statement after the December rate hike, we also have very weak readings on the consumer and producer inflation for China. Bryan Curtis will by when we look at markets and he'll flesh that out for us momentarily and then on the global news front China, North Korea. Well, it looks like they're gonna get down to some face to face contact. Because president Xi Jinping has notified North Korean leader Kim Jong UN of his plan to visit North Korea little later, Ed Baxter. We'll have more on that. When we check the local news in a minute or two right now this hour's top business stories. Well, there's been some developments on trade talks, the US and China wrapping up three days of those trade talks and China's commerce ministry says Beijing had broad deep and detailed communication with the US. And laid a foundation for resolution of issues of mutual concern. The US notes Beijing's commitment to buy more agriculture energy and manufactured products. But also told the two sides of further apart on holiday issues, jab jab right cross as this trade fight continues. Former your US Treasury Secretary Larry Summers says the economic situation in China is the most challenging in decades. They may get it back up. But that's not something of which we can be certain. And there may be consequences things they do to try to get growth back up. I would be concerned looking at the Chinese economy data out yesterday show annual auto sales in China. They were down for the first time in decades. Well, twenty nineteen was supposed to be the biggest year for fleshy US is in a decade. But the government shutdown could ruin the fun. We get more from Bloomberg's Denise Pellegrini. We're hearing over and lift both think the shutdown could force them to tap the breaks on plans to go public. Both have already filed confidentially with regulators for offerings. But as of today, neither has heard back from the SEC Uber lift had targeted the first half of this year for their hotly anticipated IPO's, thousands of SEC employees have been furloughed to the shutdown ends and the SEC says it's currently available only for merchandise involving market integrity or investor protection. Denise pellegrini. Bloomberg daybreak Asia here in the states. We had shares in bed bath and beyond up sixteen percent in late US trading. That's after reporting the company is running ahead of schedule. When it comes to its turnaround plan, the retailers reporting strong sales from digital channels, even so bed bath and beyond reporting. Another quarter. Of same store sales. Declines. Stocks moved off their highs at the close but still finished in the grain during Wednesday's try. Let's get all the latest here in Asia Thursday. We Bloomberg's Bryan Curtis. Bryan. Let's take a look at the numbers. Juliette? We are seeing some selling across the region. The Nikkei down one point four percent. The Hang Seng index of six tenths of one percents. Shanghai composite down about two tenths of one percent. The latest data. China's factory inflation slowed sharply in December is the six straight months that we've seen that some of the blame attributed to softening demand and lower commodity prices. The producer price index rising not point nine percent in December from a year earlier that was versus a one point six percent forecast. And the CPI was up. One point nine percent now is lower than economists estimates of two point one percent. Some investors say that raises the specter now of deflation, and it also raises the specter of the Chinese economy growing much more slowly than officially indicated and thought by investor. Let's take a look at some of these other numbers here. The oil price is now at fifty one seventy four for WTI just over sixty for Brent sixty eighty four there and that drop in WTI was after a huge gain of about five percent in US trading. And right now, the gold prices at twelve hundred ninety four little bit of haven purchase there. The yield on the ten year treasury down one basis point two point six eight percent. So we do see some selling here. But again, these are not huge numbers after the gains. We've seen of late thanksgiving index down about six tenths of one percent. Many would say, well, that's just the way it works. All right. The time now thirty five minutes past the hour. Juliette back to you. Thank you, Brian. We're not surprisingly a lot of news coming out of the and Kim mazing. Let's get all the latest with Ed Baxter in the Bloomberg sixty San Francisco newsroom. Ed, you're right. One might surmise. Juliette China North Korea, South Korea organized the flow China Shenhua, saying the president Xi Jinping and Kim Jong UN have backed a second Cam Trump summit Cam promising to work. Toward achieving results in further talks North Korea's KCNA saying president. She is planning to visit North Korea. Now, Bloomberg's Heidi Stroud. Watt says this is quite a development of my mentors development in China. North Korea ties isn't has notified the North Korean leader Kim of his plan to visit North Korea accepting that invitation to visit North Korea and his predecessor whose entire was see the last had a stay from China to visit North Korean that was all the way back in two thousand and five now South Korea's president moon. Jae in has been meeting with the media moon, saying second US, North Korea summit to take place in a very soon to that he will work with the US to resolve North Korea sanctions, and that the US North Korea summit will be turning point for peace now regarding those sanctions he says that he will push for sanction exemptions now to restart dormant economic cooperation projects with North Korea. We will have to see president. And Trump US response to that. Meanwhile, Mr Trump walked out of the meeting today regarding partial government shutdown. Vice President Mike Pence says the president very frustrated because Penn says they've been working together on a compromise. We've been.

US North Korea Bloomberg China Juliette China Asia president Bryan Curtis Kim Jong UN South Korea Denise Pellegrini Ed Baxter Beijing Xi Jinping producer fed Juliet Solly
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:21 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Juliet Solly Doug krizner at Bloomberg interactive brokers studio in New York, Fairmount negatively across the Asia Pacific after a selloff in high tech here in the states. Bryan Curtis will join us in a moment to bring us the very latest in Hong Kong right now. Hang sang is down more than one and a half percent. Details on the fundamentals in a moment right now. This hour's top business stories and shares in Mitsubishi Motors down about seven percent right now. We'll also watching Nissan shares which have fallen by as much as around four percent as well off by four point three percent. At the moment. That's on word of the sudden abreast of the head of nisan and Renner callers ago and detained for alleged financial crimes in Tokyo and go and saved Nissan from failure. And brought it together with Renault and Mitsubishi that Bloomberg's Matt Miller says the arrangement is now in. Danger of collapsing losing this kind of keystone of a man it's possible that this is this is it for that alliance. That is over Bloomberg. Opinions. David Fickling says guns downfall has all the hallmarks of a palace here in the states. We had apple losing about four percent during the regular session South China post. Among those reporting that apple is reducing orders from two Chinese component suppliers. A lot of concern here about weakening iphone demand reign China show may out. We'd better than expected. Sales numbers is Bloomberg's Yvonne man reports. The smartphone maker is relying on emerging markets to offset sputtering demand for its devices. Xiaomi surprised with a forty nine percent jump in third quarter revenue that does it's four as into emerging markets such as India and southeast Asia continued to pay off overall shipments grew twenty one point two percent in the quarter way more than a global markets. Six percent shrinkage that IDC measured. Samis gross margins for smartphone slipped, but margins for its internet business grew Xiaomi also announcing a tie up with may to a maker of smartphones. No for a popular photo editing and sharing software. In Hong Kong. I'm Yvonne man, Bloomberg daybreak Asia, and we pivoted the Chinese banking industry where bad loan ratios have risen for a third consecutive quarter. More from Rishaad Salamat, the jump in bad loans raises the risk of more corporate defaults, and it makes tougher on policymakers to use credit to spur the economy. So that was one point eight seven percent of total loans in the July to September quarter that size since two thousand nine it may further Slough banks profit growth is they look to raise levels of capital. And it may make it tougher on the banks to meet a key demand. The president Xi Jinping, and that's a more money into the private sector. In Hong Kong. I'm Rishaad Salamat, Bloomberg daybreak Asia. Well, ultimate fighting championship. Is planting the flag in China that mixed martial. Arts company announcing a thirteen million dollar training facility in Shanghai. Bloomberg's Evan Novi. Williams says UFC is pushing hard to develop the sport there. They have a lot of media deals across China right now. Now, they're trying to develop their own fighters. And that's the key for them is to get, you know, Chinese local fighters get Chinese fighters who could appear on events in China that is generally, you know, that's stirred the local population possibly to tune into more TV UFC already has two hundred million fans in China. Well, talk about a fight. We've got the bulls and bears added in Asia Pacific. And the bulls seem to be losing don't they Brian? I think the bulls went home. Bears are definitely holding sway today. The Hang Seng index down nearly four hundred points now one and a half percent. The CSI three hundred down one point four percent losses. In Tokyo is well the Nikkei is off nine tenths of one percent. And just rounding things out in Seoul, the kospi is down eight tenths of one percent yesterday. It was very different story. The markets were not focused on Mike Pence, and the very strident comments the US keeping the pressure up on China. Instead, they were more focused on the dollar was down. And it seemed like the fed might be at least considering to to perhaps soften its rhetoric or maybe even to go a little bit slower on rate hikes. But today we had a lot of selling technology on Wall Street, and the FANG stocks are all in a bear market now. And then you can add apple to that. 'cause Apple's right on that twenty percent precipice is actually on nineteen point nine percent. But Facebook down forty percent net. Flicks thirty-five percent, Amazon twenty six percent. Alphabet down twenty percent. Whether it's regulation, whether it's privacy considerations corporate, governance, particularly with Facebook. Whether it's high valuations, the US China trade war, they have been a real target here of late. But not so for Xiaomi shares rising three point eight percent. In Hong Kong. It seems like the brokers. They like the earnings that we saw last night Morgan Stanley saying third quarter results beat on on upside from internet of things trading and also internet services, and that's something show. He's not really known for us. So that's a positive in Morgan's view Morgan you Goldman Sachs lifted the price targets. So we've seen some pretty good performance today not much happening with the dollar. And also the yield on the ten years at three point zero six percent any price fifty seven twenty to thirty five minutes past the hour. Juliette back to you. Thank you Brian will counter terrorism officers have arrested three men in Melbourne on an alleged terrorist. Plot inspired by Islam stage. A Baxter is covering over global news in the Bloomberg. Sixty San Francisco newsroom. Ed. Yeah. Juliet, exactly. Australian Federal Police say the three had been under surveillance were plotting to carry out an attack on a crowded place and kill as many people as possible the alleged terrorist cells using encrypted communications they say it's very sophisticated. They'd been trying to secure semiautomatic rifles. Police say the consequences would have been chilling. They say potentially significant loss of life. You countries are saying no more compromise on Brexit while UK battles with the current deal in the UK where the no-confidence movements against Prime Minister, Theresa may is apparently fizzled a bit. And while labor party leader. Jeremy Corbyn says the party will vote against the deal. It may be he says time on he's on Bloomberg by the way, exclusively for a government votes. Priority now is a deal. And then after that, it's a government comp deliver in.

Bloomberg Hong Kong China apple Bloomberg interactive brokers Juliet Solly Doug krizner Asia Pacific Tokyo Facebook Nissan Mitsubishi Motors US Morgan Stanley Asia bulls southeast Asia Brian Bryan Curtis Rishaad Salamat
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:45 min | 2 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Tensions are ratcheting up again with US tariffs on two hundred billion dollars Chinese goods kicking in and Beijing appearing to follow suit number daybreak Asia anchor. Bryan Curtis reports from Hong Kong the latest round of US duties took effect just after midnight Washington time on China's expected retaliation President Trump has said he'd look at another two hundred sixty seven billion in Chinese imports this conflict looks headed for a war of attrition. And at the moment. There is no end in sight over the weekend. China called off plan trade talks with the United States. In Hong Kong. I'm Bryan Curtis. Bloomberg daybreak stocks in Hong Kong tumbled than the Australian dollar weakened following those latest trade concerns, but overall it was a needed response in Asia with markets in China Japan, South Korea, anti one all closed for a holiday. Bloomberg's julia. Sully reports from Singapore real estate developers led the sell off in Hong Kong amid concern. They may suffer a potentially devastating blow to their biggest source of financing Bank to Bank borrowing costs jumped the my since December two thousand and Asian the city as liquidity Todd into head of full cost hikes to the underlying rate for the first time in more than a decade in step with the feds plan September hike and following Friday spike in the Hong Kong Dylan elsewhere, idiots Stokes in the repeats laid. While futures market suggested China would join the equity selloff when markets there reopened while. China's beige book showed manufacturers were stressed even before the tariffs came into effect in Singapore. I'm Juliet Solly, Bloomberg daybreak. Actually oil prices are heading higher as OPEC and its allies show urgency to boost output, the market is also bracing for the loss of crude from Iran due to us sanctions, and that has some traders predicting the return of one hundred dollar oil will Kennedy is Bloomberg's managing editor for energy and commodities. The sanctions they're going to have a big impact quite quickly. We've already seen the textbooks move on fallen thirty five percent. And it's not that easy to replace that oil. So I think a lot of traders are concerned that it get so easy towards the end of the year. We have a big industry African Singapore. This week the Asia Pacific petroleum congress and traders colleagues have been talking to they're saying that it may not be straightforward, and we could see prices spark Moccoli highlight in the oil is trading near its highest level since two thousand fourteen with Brent crude now above eighty dollars a barrel. It is trading at eighty dollars and sixty five cents. And NYMEX crude is trading at seventy two o six URL. Have a tie between two of the world's biggest gold miners. Barrick Gold is a great divide Africa focused rival Randgold resources to create a company worth about eighteen billion dollars. Bloomberg's David stringer has details for barrack this really is an opportunity to add production barracas talk, go producer. But what it's saying in recent years is I put four so what this does is give it about one point three million ISIS from wrangles lines sunnier gives him more production and also a bit more expertise in Africa. He all share deal values Randgold at about six billion dollars. Barrick shareholders will own about two thirds of the new entity. Sources tell Bloomberg that Michael Kors is nearing an agreement to buy for such -i the US handbag maker may announce a deal as early as this week values research hit about two billion dollars under the deal. The family would continue to have a role in the company in Italy. Bonds are tumbling as questions continue over whether the government will respect the bunch of roles. Investors will be coming through. Details when they emerge on Thursday to see if rooms projections are supported by underlying growth assumptions, Andrew balls is chief investment officer for global fixed income at pimco, I think you should have more risk premium in Italy. Given the government we have a government that keeps talking about leaving the euro. So, you know, casual told.

Bloomberg Hong Kong China US Barrick Gold Bryan Curtis Asia Singapore Hong Kong Dylan Beijing President Trump Randgold resources Washington Juliet Solly Africa Randgold Italy African Singapore Bank to Bank
Alibaba's Jack Ma to Step Down in One Year, Zhang to Become Chairman

Bloomberg Daybreak

00:31 sec | 3 years ago

Alibaba's Jack Ma to Step Down in One Year, Zhang to Become Chairman

"Euro dollar fifteen seventy the yen one eleven point zero six, Bob. It's the end of an era for CBS with the head of the media giant ending his twenty year reign at the helm. Bloomberg's John Tucker joins us live with the story. Good morning. John. Good morning, Bob. The sixty eight year old les Moonves was. Regarded as one of the most capable program executives in television at one of the highest paid the New Yorker reported. He sexually harassed a dozen women and tried to harm their careers yesterday. Six additional women came forward is exit package is

Bloomberg Sweden John Tucker China Markus Karlsson BOB Alibaba CBS Stockholm Singapore Marcus Karen Stokes Les Moonves Jack Ma Sherry Redstone Donald Trump Zang Moskva Juliet Solly Europe
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:40 min | 3 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"And it's five thirty on Wall Street. Good morning. I'm Karen Moskow. I'm Bob moon. We're just about four hours away from the opening of US trading. Let's get you up to date on the news. You need to know at this hour, US futures. And stocks around the world are falling as fears over emerging-market contagion continue with pressure shifting from currencies to stocks. Bloomberg's to leave Sally reports from Singapore and Karen markets in Hong Kong, the Philippines, and Indonesia were the worst performers Jakarta, compass it fooling foot a fifth session down as much as four and a half percent. Its biggest drop since August. Twenty thirteen on consents the wake of repeal will dent economic growth and hurt corporate profits arising inflation in the. Philippines. Above six percent. For the first time in nine years weighed on the PSE, I'm the CSI three hundred meanwhile fell by two percent to close at three thousand two hundred ninety eight points in Singapore. I'm Juliet Solly, Bloomberg daybreak. Juliette? Thank you is warning while dig in on key issues when NAFTA talks resume in Washington today. Prime minister Justin Trudeau said he'd rather see the current deal kill then be forced to accept a bad agreement. Google will not be represented today. When a congressional committee looks into social media companies efforts to stop election meddling, the Senate intelligence committee's has Google's chief legal officer wasn't high level enough to testified what has Jack Dorsey, and Facebook's Sheryl Sandberg will be among those appearing sources say European Union officials are exploring how to unlock a wider breaks it deal by making the so-called Irish border, backstop more palatable to the UK and the financial times is reporting. Mark Carney is expected to stay on as governor of the Bank of England until twenty twenty in a plan. Backed by Prime Minister, Theresa may and shares of buyer known as Bayer here in the US down two percent. The company said earnings will be lower than forecast because delays in the purchase Monsanto push the acquisition passed the new units busiest season. Now, let's get you up to date on how stocks are faring. We check the markets every fifteen minutes throughout the trading day on Bloomberg futures this morning are lower s and p futures down about twelve points. Dow futures down one hundred twenty four NASDAQ futures down thirty seven the Dax in Germany's down one percent CAC in Paris down. One point three percent Footsie-100 down half percent. Nikkei two twenty five in Japan was down half percent. The Hang Seng in Hong Kong fell two point six percent. Ten year treasury up three thirty seconds yield two point eight eight percent yield on the two year two point six four percents. Nymex crude oil down one point two percent or eighty two cents to sixty nine zero five a barrel. Comex gold up less than a tenth of a percent of ninety cents. One thousand two hundred dollars an ounce..

Bloomberg US Hong Kong Prime Minister Philippines Singapore Karen Moskow Google Justin Trudeau Bob moon Hang Seng chief legal officer Juliet Solly Mark Carney NAFTA Sheryl Sandberg Jack Dorsey Juliette
BP pays $10.5 billion for BHP assets to beef up U.S. business

Bloomberg Daybreak

05:53 min | 3 years ago

BP pays $10.5 billion for BHP assets to beef up U.S. business

"Six zero one on Wall Street we check the markets every fifteen minutes throughout the trading day on Bloomberg s. And p futures they're up about two points now Dow futures up thirteen NASDAQ futures up twenty five Dax in Germany's up four tenths, percent can Paris up two tenths percent Footsie-100 up six, tenths percent Nikkei two twenty five in Japan gained six tenths percent the Hang Seng in Hong Kong up about. A tenth of a percent ten year treasury up to thirty seconds yield two point nine six percent yield. On the two year two point. Six seven percent NYMEX crude oil down three tenths percent or twenty one cents to sixty. Nine forty one a barrel COMEX gold down six tenths percent or seven, dollars eighty, cents at. Twelve twenty. Seven fifty an. Ounce John we. Begin with earnings from Amazon the company shares are four percent in. Early trading after profit that more than doubled projections Emily Chang has more, from our Bloomberg nine sixty newsroom in San Francisco, Amazon, earnings NIST Alice Estimates on revenue and the revenue forecast but massively on earnings in part driven. By cloud growth and growth. The company talked up the prime program as always and said that it's whole. Foods that's really. Driving a lot of new prime memberships also talked about having the biggest prime day ever despite that big technical glitch. Bloomberg is also reporting that the Pentagon is very close to issuing this winner-take-all contract for its cloud business and that that really favors, Amazon Emily Chang Bloomberg San Francisco Emily thank you here's, of Intel plunged after its earnings report the stock sound five percent in early trading after signs at chipmakers growth. May slow that's despite second quarter results that topped estimates an entree Novon covers Intel for Bloomberg intelligence across. The board this is a good. Quarter now you have the preface that from an expectation standpoint AMD printed an MD just. Do, the cover off the ball so on a relative basis maybe expectations, that are, mismanaged, by Remember that Intel has ninety eight point. Five percent share for example in the data center, market in AMD has one point five so we named the more. Room to grow Emily Intel stock falls this morning shares of AMD are up about three percent we have a couple of energy deals. To tell you about BP has agreed to pay ten and a half billion. Dollars for most of HP Billiton's onshore US oil and natural gas assets the acquisition as VP's biggest since, one thousand nine hundred nine and includes land, and the prize, Permian, basin the. World's fastest growing major oil region at the, same time Chesapeake energy as the greatest sell its Utica shale assets in Ohio too. Closely held Encino acquisition partners Chesapeake will use. Nearly all proceeds from the two billion dollar deal to pay. Down debt that has shares. Up fourteen percent in early trading the two biggest oil, companies in the US report earnings today Bloomberg's Jeff Bellinger reports. Exxon Mobil Chevron will post, their second quarter results Bloomberg intelligence Says ExxonMobil's positive free cash flow will more than. Cover its dividends but the company will hold onto its cash. Rather than, buy back shares it may be too early for Chevron to. Restart by backs but executives may offer some guidance, on the timing. And size of the program analysts think Exxon will post. A profit of a dollar twenty seven a share on revenue topping seventy one and the third billion dollars chevrons profit is projected to come in at two dollars and eight cents a share. On revenue of nearly forty six billion dollars Jeff Bellinger Bloomberg daybreak Jeff thank you it's a big day, for USA conomic data with the first reading on second quarter, GDP due out at eight thirty Wall Street time I kinda messed forecast growth will come in above. Four percent Bloomberg's Vinny Del Jude is reports it's been almost four years since US economic growth top four percent with rapid growth be sustainable, economists had their dads about the rest of the year Bloomberg. Economics CS a variety, of special. Factors at work in the second quarter. Data additional The. Impact of White House trade policy, could derail growth in the months ahead in the, first quarter GDP slow to two percent pace one more thing that surge. Growth back in two thousand fourteen it was a five point, two percent gain any chewed ice Bloomberg daybreak thanks for let's head over to Asia. With the Bank of Japan's today offered to buy, an unlimited, amount of bonds for a, second time. This week the central Bank is looking to table rise it yields let's come amid speculation it could adjust its alter loose monetary policy move from the b. o.. J. a series, of. Stimulus steps. From China this week and earnings they were all in focus during today's trading session in Asia Bloomberg's Juliet Sally as details from our. Singapore bureau Japanese equities climbed for fourth day shrugging off a. Decline in the mirror holdings following. A prophet slide intensifying speculation about tweaks to the, Bank of Japan's stimulus program so, a ten, year yields briefly trade about point one of a percent. Against the j. target of around zero but they slipped in after noon trade is. This Central Bank unleashed another unlimited. Bond purchase offering stock index is in China and Hong Kong. Tick Loa the off show, you on bouncing off its weakest level in. More than. A year in Singapore I'm Juliet Solly Bloomberg daybreak Juliette thank you on the trade front US Trade Representative Robert lighthizer says a. Tentative NAFTA. Deal could be reached as soon as next. Month that, would be the deadline. Favored by Mexico but lighthizer, says there's still, hurdles to overcome and talks with Canada US relations with China meanwhile show no signs of improving. Lighthizer splaying down the prospect of a trade agreement with Beijing, at the, same time a top Chinese trade official. Railed against the US trade strategy calling it extortion and China is now expressing. Regret over Qualcomm, decision to scrap its takeover of semiconductors it's an apparent attempt to. Avoid blame at a Chinese regulators failed to rule on the deal more than twenty months after it was announced, s&p futures up a point basically. Is Bloomberg daybreak Six.

Bloomberg United States Emily Chang Bloomberg San Fran Jeff Bellinger Bloomberg Asia Bloomberg Intel Juliet Solly Bloomberg Bank Of Japan Amazon Hong Kong China AMD Emily Chang Nymex Emily Intel Jeff Bellinger Chevron
"juliet solly" Discussed on WAFS Biz 1190

WAFS Biz 1190

03:17 min | 3 years ago

"juliet solly" Discussed on WAFS Biz 1190

"On Twitter powered by. More than twenty seven hundred journalists. And analysts in more than one hundred twenty countries I'm Deborah, now, this, is Bloomberg let's get over to Juliet Solly now for a look at the markets gills Despite all the rent that you are seeing in these, equity call him here we actually do. Have regional stocks, higher just slightly for thick and fish and the regional, index up by around a tenth of one percent. That thank thanks to strength in Indian Hong Kong and Chinese markets which on the lunch break higher. But have a look at what we're seeing. In the Nikkei and of course in the bond space because that is the real focus of the day of course is. Speculation that you could say some beer j. intervention at their July thirty one, mating has the yen high we've got began by about four tenths of one, percent, the banks, in Japan higher as well but of course that stronger yen. Really weighing into the overall Nikkei index which. Is off by one and a half percent and. Then we've been watching these big rise it you're seeing in Japanese yields the tenure yield there now by four and, a half basis points it was up by as much as six basis points the highest since February before we had that fixed operation coming through so there has been. A little. Bit of downward pressure. Coming through on yields but it's. Still a very strong five and that weakness Involves playing through into sentiment today One of the things that we talked about Were the banks, he said is not necessarily the top trade but. Obviously a raising on? The Bogside re rates the binds doesn't it It, absolutely does and that's why you've, seen such a big pickup coming through in a lot of these Japanese banks you can see Mitsubishi you. Are Jay by three point nine percent Sumitomo out by other three percent Mizzou who they're up by. Three percent in Japan as well just having a look at, some of the other corporate stories TSMC out for a fourth consecutive fish and of course, came through. That second quarter numbers last week, and there's still quite a lot of broker upgrades happening in terms of its twenty nine teen outlook it remains well-supported to the. Downside the what you are saying in terms of this movement in the yields in Japan is weakness in Fast Retailing the Uniqlo owner if we can just switch that up. And have a look at some of the week of plays Fast Retailing actually has the heaviest waiting. In the Nikkei two to five and among those with the highest estimated, b. o.. J. ownership from the central banks purchases of ATF so, it is actually quite a big lag their down by five point four percent you're also saying weakness in, stem cell in Korea today and tencent in Hong. Kong down, by around Percent so a lot of the big markets like Japan like. A stray Leah underwater but it will be interesting to see the afternoon, session manatees. Have because we do have a bit of strength coming, through once again in Hong Kong and China Okay he wants to fight the he wants to fight the central Bank in Japan always great to see even it is from a new distance in Zurich Chewed it sounded very latest on the markets Iran's political leader. Is warning President Trump in no uncertain terms not to threaten his nation's oil. Exports Hassani said. The US would be sorry reimposes sanctions Iran Say they won't allow Iran to export even a drop of oil. Iran is that, week what are you? Thinking what she cannot do such a, thing we will stand up to..

Japan Iran Fast Retailing Hong Indian Hong Kong Twitter Hong Kong Nikkei Deborah Juliet Solly Bloomberg US Exports Hassani Sumitomo President TSMC Mitsubishi ATF
Latest: Exit polls: Allies of AMLO winning state races

Bloomberg Daybreak: Asia

03:43 min | 3 years ago

Latest: Exit polls: Allies of AMLO winning state races

"Model three plant in fremont california hit its milestone target of five thousand tesla vehicles week early on sunday bloomberg's donna hall says that's good news but investors shouldn't pop the champagne corks just yet the question will be is this rates stable and what did they say about you know i mean can you repeat this next week because it's not enough to reach five thousand a week you've got an actually sustain that rate over several months tusla is expected to release the official numbers as early as tomorrow in california well the polls close in mexico and the picture of what is happening is beginning to appear at baxter covering the glove when using our bloomberg nine sixty san francisco newsroom ed yeah now the official resort let me go through this slowly love fish vote is not going to be probably until tomorrow maybe even the day after that juliet but we are getting some some exit polls and some some idea of what is happening there are three thousand seats in total up which is why it's going to take so long the exit polls show that lopez open door who has been shown in all of the polling way out ahead i is is definitely doing the elephants hero shows him with a forty nine percent with an iowa twentyseven percent and meet with eighteen percent so again because of the huge number of more local races this time around they've never had this much in history it will take a while to get the final counts but it looks very much we ought to be very careful in what we could say until the polls close as if the the sweep is on for lopez over door will continue to get you more details as they become available meanwhile north korea can dismantle its nuclear program within a year the thoughts of president donald trump's national security advisor john bolton says they have a plan and it'll be discussed with north very soon this in light of the swirl of reports over the weekend saying that north korea is hiding new weapons going ahead with its programme ball says us wants to proceed quickly because the more time for the north the length of time they have to continue their nuclear chemical biological weapons programs and ballistic missiles president would like to see these discussions move properly to get a resolution this has been the advice that china's leader vision thing has given us as well bold not cbs now with the latest report running of the wall street journal that says a north is completing a major expansion of a missile manufacturing plant it makes solid fuel ballistic missiles which would be able to strike us military relations in asia other say it's been hiding material for its nuclear chemical and bio weapons in secret locations and us president donald trump says he'll nominate a supreme court justice on it before july nine the issue of dissent seems to center around roe v wade abortion rulings he says he will not vet candidates where the question but the swing vote senator susan collins in senate says the key is not reversing previous high court decision nominees position on whether or not they respect president will tell me a lot about whether or not they would overturn roe v wade all right brian will continue to look at the numbers as they come in out of mexico back to you sir all right thanks very much i'm brian curtis here in hong kong along with juliet solly in singapore juliet thanks brian well we are joined in the singapore studio by neal mcdonald who is the head of trading at a wanda neal thanks so much for coming in if we have a look at the first half of the year in terms of what we saw in equities it was the worst first since two thousand ten the worst quarter for asian equities in three years as we head into this new half what are the major race we should be looking out for and is there still a lot about city out there the.

California Fremont Five Thousand Tesla Twentyseven Percent Forty Nine Percent Eighteen Percent Three Years
Singapore, Gio and China discussed on Bloomberg Daybreak: Asia

Bloomberg Daybreak: Asia

02:00 min | 3 years ago

Singapore, Gio and China discussed on Bloomberg Daybreak: Asia

"On bloombergradio dot com and a very good monday morning to you from hong kong i'm bryan curtis and on juliet solly in singapore it is looking like we are off to a pretty positive start for markets here in asia let's get all the latest we've done krizner in new york doug well you had some decent tailwinds here in the states juliet after that stronger than expected employment report for may here in the states it also included a bump in wages and folks are talking about the fed rate hike by the fed all but a done deal long term interest rates backed up the us tenure last quoted in new york at two point nine zero that's where we are right now in the tokyo session the dollar strengthen the yen pullback a bit dollar yen one oh nine sixty the nikkei is up nine tenths of one percent in the opening moments also seeing a much stronger korean one now against the dollar this on some optimism renewed optimism we can call it over the june twelfth summit between president trump and north korean leader kim jong un the one right now better by about four tenths of one percent continue to see well now stability in the price of crude oil after falling one point eight percent in the new york session we know of rising us production now the possibility that opec and its allies may boost output wti sixty five eighty three in seoul the kospi has had three tenths of one percent and in sydney the asx two hundred better by two tenths of one percent talking earlier about the international air transport association reducing its forecast for global airline prophet in twenty eighteen by twelve percent to thirty three point eight billion i'm going to guess that that's largely because of higher fuel costs brian yeah down from thirty eight billion last year so cars in china airlines globally could be a little bit of pressure on some markets day by the way we'll get more on markets with francis learn from gio securities he always has a few pearls wisdom for us we want diamonds today not just not just from francis coming up shortly let's take a.

Singapore GIO China Seoul Kim Jong President Trump Tokyo FED Asia Bryan Curtis Juliet Solly Hong Kong Francis Sydney Opec New York One Percent
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:12 min | 3 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"In hong kong and singapore i'm juliet solly bryan curtis trading is underway now in the hong kong and shanghai and shenzhen marcus we've just seen them open up we're seeing a little bit of selling here the hang seng index off about one hundred fifty points or so that's about a half of one percent most of the markets are lower we do have some modest gains in australia and we see oil selling off again full details on market action coming up shortly but for now the top stories of the hour well swiss race says it will continue to welcome an anchor investor that's after musashi sons self brank dropped its pursuit of a stake in the world's second largest reinsurer bash bloomberg's sarah it says there may still be room for some type of a softbank swiss re partnership the world's secondlargest reinsurance still open to welcoming in an investor but he knows it might not be softbank what might be in collaboration with other businesses at stake in swiss re would have given japan's softbank access to steady cash flows and more diversified income and just checking in on softbank shares in tokyo they're down two point four percent malaysia says it's axing plans for a highspeed railway that would have cut travel time between kuala lumpur and singapore new malaysian prime minister mahathir mohamad says it wasn't a good deal for the country it's going to cost us more money we'd make no one no money at all from this abrasion it also says that malaysia may have to pay a penalty and plans to talk to singapore about the issue the two countries signed an agreement to build the rail back in two thousand sixteen we'll grab is stepping up its game in the race to become the every day at for consumers it's unveiling a food delivery service here in singapore grab food is already up and running in indonesia and thailand will be rolled out in malaysia vietnam and the philippines by the end of june grab recently bought uber's southeast asian ride hailing operations and it also owns uber eats well it's shaping up to be a busy week on wall street after the long memorial day holiday we get more from bloomberg's charlie pellett no shortage of issues for investors to ponder geopolitical concerns trade.

vietnam thailand prime minister singapore softbank swiss re australia shenzhen shanghai charlie pellett philippines hong kong indonesia malaysia mahathir mohamad kuala lumpur tokyo japan swiss re softbank bloomberg
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:09 min | 3 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Daybreak asia am here in singapore juliet solly i'm doug krizner at bloomberg world headquarters in new york we now have the market up and running in hong kong hang sang is down about three tenths of one percent and in or on the mainland shanghai composite is down two tenths of one percent the big story that we've been tracking for you the collapse of the north korea us summit that's created a bit of risk off tone if you look at the currencies though right now the japanese yen which had been much stronger flight to quality scenario is actually weaker now we're trading one oh nine sixty five a complete look at markets in a moment right now the top business stories well samsung shaves i play the one percent now which is tending things around a little on the kospi apple has won five hundred and fifty nine million dollars verdict from samsung electronics in a san jose court bloomberg's matt larson says it was all about a fight over the design features if the iphone looking at the ornamental front of the iphone square shape that we think of we think of all smartphones it started with the iphone back with apple's initial design and of course apple had sought a billion dollars in the retrial well in china the government is now said to be planning to cut tariffs on a wide range of consumer goods we are being told the new cuts would include things like cosmetics food health products they would go into effect july first china says german companies are welcome in the country we get more from bloomberg's ramy inocencio premier li ka chunk tells chancellor angela merkel the door is open to german business and we'll be opened even wider in the future those comments came as merckel winds her way through top level meetings in china or visit gives beijing the opportunity to try to recruit an ally in its trade feud with president trump but so far there's little sign that miracle and china's officials have made much actual progress on germany complaints about market barriers in hong kong i'm ramy inocencio bloomberg daybreak asia well in the us the house has voted to punish his e t in spite of an attempt by president trump to help the chinese telecom equipment maker the.

hong kong germany president beijing chancellor san jose samsung shanghai bloomberg world singapore asia trump angela merkel china matt larson bloomberg samsung electronics
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:15 min | 3 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Eight thirty am here in singapore i'm juliet solly and i'm bryan curtis trading is underway in tokyo sydney and seoul and a few other markets so we've got about ninety minutes or other one hour to go before we get to hong kong and shanghai we have the malaysian ringgit dropping about nine tenths of one percent we watching the equity market went into opens in another thirty minutes or so that could be very telling about the mood in malaysia and of course the big markets with that with that tweet by the president on zee ta who knows what happens in hong and in china so we'll get to that in a moment but for now the top stories webbing told xerox is planning to terminate the proposed six point one billion dollar agreement to sell itself to japan's fuji film and enter into a new settlement with its activists investors carl icahn darwin decent instead bloomberg scott diverse says i can a decent think the fuji film deal undervalued xerox icon largest holder in the company and obviously has a vested interest in making sure that they get the best terms for the company where we'll say hearing that zero jeff jacobson is likely stepped down as part of the settlement president trump began tweeting that the commerce department's should get china's e t back in business the telecom equipment maker shut down major operations last week after the commerce department tighten sanctions on for illegally shipping equipment to iran and north korea from washington bloomberg's ben brody says well it's far more than a rhetorical flipflop the commerce department had really just last month called a behavior z t e agreed for trump to tweet out that he's instructing the commerce department to you know get the company back on its feet it's really a specific policy reversal it does seem to come in the context of the trade talks between china and the us and it also seems to come in the context of the us talking to north korea in the coming weeks so in that tweet again trump instructing commerce to get it done we got some confirmation after that and it said that he's working in along with president xi jinping in china to get up and running again well thousands of cryptocurrency fans are expected to descend upon new york for what's being called blockchain week more on what's being set up for the.

north korea iran bloomberg carl icahn hong kong seoul tokyo bryan curtis juliet solly new york us ben brody washington bloomberg singapore commerce department trump jeff jacobson
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:29 min | 3 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"Daybreak asia it is eight thirty am here in singapore juliet solly bryan curtis trading is underway now in several key markets around the region and we're just getting some economic data and on south korea with the nikkei pm at forty eight point four we'll get you details a bit later on that looking around the region we had had some gains in tokyo but we've slipped into losses now asx two hundred in australia is up about three tenths of one percent details with markets coming up shortly but for now the top stories and apple shares gained more than three percent in late trade it's reported revenue and profit above estimates and announced a buyback and a dividend increase service revenue hit a record nine point two billion dollars daniel flex of neither berman says this is just the beginning apple has really built out a differentiated ecosystem that customers value when we think about what they're doing with the watch and other things there's still a lot of innovation here apple has said services will be a v fifty billion dollar annual business by twenty twenty one commerce secretary wilbur ross is saying that the us trade deficit with china is partly due to what he calls evil practices we caught up with him at the milken institute global conference and he listed some of these practices for us poor technology transfers forced joint steph to cyber breaches barriers to trade in the form of standards regulatory approvals tariff barriers rossi's flying to china tonight for high level trade talks and the white house is threatening to slap massive tariffs on chinese products because of the rising us trade deficit we'll invest is eyeing a k race announcement from the fed tomorrow in the us we get more from bloomberg's mike mckay the fence decision isn't whether to raise rates they're not expected to but whether to hint another move is coming in june the central bank's preferred inflation gauge the index is finally back to its two percent target and with unemployment around four percent policymakers can say they've met their mandates under their own scenarios that means at least two more rate increases by the end of two thousand eighteen if they don't move now because there's no press conference at this meeting june is the next logical time so the questions are do they signal that in their statement or do traders think they do with an updated assessment of the inflation outlook in.

bloomberg rossi milken institute twenty twenty tokyo singapore mike mckay south korea fed white house china us wilbur ross apple berman australia fifty billion dollar two billion dollars
China's HNA Group to remain a 'major investor' in Deutsche Bank

02:17 min | 3 years ago

China's HNA Group to remain a 'major investor' in Deutsche Bank

"It is nine thirty am here in singapore i'm juliet solly and i'm doug krizner at bloomberg world headquarters in new york so we've got trading underway across the asia pacific some weakness in tokyo in hong kong and on the mainland as well as in seoul the only market right now juliet that i'm seeing trade positive is in your home turf australia where the market in sydney is up by three tenths of one percent closer look at market action in a moment when bryan curtis joins us right now let's get you caught up on this hour's top business stories cape good market down well a seemingly positive response from china after treasury secretary steven mnuchin offered to hold trade talks in beijing john is commerce ministry says it welcomes were that the us hopes to come to beijing to discuss trade and economic issues president trump has proposed imposing tariffs on as much as one hundred fifty billion dollars in chinese imports beijing has promised to retaliate sean uso baynes planes and other products mission says he's cautiously optimistic about reaching a deal with china appears to be an about face from a group after promising it wouldn't the chinese conglomerate is reducing its stake in deutsche bank the story from bloomberg's denise pellegrini two months ago hsa said it wouldn't decrease at stake in the german lender but it is just reduced its holding to seven point nine percent from eight point eight by allowing portions of a complex derivatives arrangement to expire h is in the middle of trying to raise sixteen billion dollars to deal with financing problems at home and the pullback also comes after a string of negative stories about deutsche bank including a management revamp and bloomberg reports showing the company accidentally temporarily transferred thirty five billion dollars to one of its outside accounts ha says it's still committed to remaining a major deutsche bank investor to these pellegrini bloomberg daybreak asia to shave shares of ban out by as much as five percent in tokyo this morning currently up three percent the company denying reports it's canceling the sale of its chip unit we get more from bloomberg's susanna palmer a spokeswoman for tokyobased toshiba says the company hasn't made any decision to cancel the sale of its chip memory unit to a group led by boston based bain capital the mainichi newspaper is reporting toshiba will nix the deal unless it receives approval from chinese antitrust authorities by.

Deutsche Bank HSA President Trump Beijing Bloomberg World Juliet Solly Mainichi Newspaper Boston Toshiba Susanna Palmer Denise Pellegrini Bloomberg Singapore Donald Trump United States Commerce Ministry Steven Mnuchin
"juliet solly" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:01 min | 3 years ago

"juliet solly" Discussed on Bloomberg Radio New York

"In singapore i'm juliet solly and i'm doug krizner at bloomberg world headquarters in new york so we've got trading underway now on the mainland and in hong kong and we're continuing to see the negativity that we saw a little bit during the last session in asia although the markets there seemed to recover in taiwan and hong kong tech selloff though in sued in the states the nasdaq composite was down by more than one point eight percent we'll be talking about this in greater detail in a moment or two right now let's get you caught up on this hour's top business stories well facebook shares fell nearly seven percent during the wool straight session that is the most nearly four years us lawmakers demanding details on how a client kept donna on millions of facebook users without consent facebook says the client agreed to an audit by digital forensics firm to determine if it's still has data on fifty million facebook profiles bash we are now getting word that the auditing company investigating cambridge analytica in london has down and is deferring to a federal investigation there and then after the bell we had disappointing news from oracle sending those shares down by more than seven percent in late us trading bloomberg's nico grand tells us this is after revenue from cloud computing increased as expected and new software licenses fell investors are sort of wondering if the company's turnaround if it's pivot to the cloud is taking hold that pivot is really one where facebook or rather oracle has been trying to transform itself from being a software business into a cloud com company and that's been going on for a few years well president trump is said to be getting ready to slap sixty billion dollars in annual tariffs against china by friday the washington post also says the tariff so focus on products that president alleges were developed using trade secrets stolen from us companies meantime amazon is apparently looked at the possibility of acquiring some of the locations of the bankrupt toys r us however we are told amazon is not interested in maintaining.

facebook washington president nico grand bloomberg world juliet solly amazon china trump singapore bloomberg london donna taiwan asia hong kong new york