17 Burst results for "Premier Li Chang"
"premier li chang" Discussed on NPR News Now
"Live from NPR news in Washington. I'm Laurie London. The stalemate over how to conduct an impeachment trial continues between House Speaker. Nancy Pelosi and Senate Majority Leader Mitch. McConnell as NPR's cloudy outgrew solace reports. The impasse could continue through the Congressional holiday recess. Both Pelosi McConnell. McConnell have signaled that they can trigger a Senate trial of president trump until congress returns in January. Pelosi says she wants to get a clearer picture of what a Senate trial could look like before releasing the articles of impeachment to the Senate but McConnell recently told Fox and friends. He's in no rush. I'm not anxious to have those trials. Oh she wants all the papers Komo. McConnell and other Senate Republicans have been in close contact with trump maintain that a trial would quickly exonerate the president however how Democrats have raised as concerns that the Senate is making a mockery of the process cloudy Celis. NPR News Washington China South Korea and Japan or pledging to work together or to peacefully resolve the North Korean nuclear issue. NPR's Anthony Kuhn reports from Seoul that the region is on edge amid an approaching North Korean Korean imposed deadline for the US to make concessions at a press conference following their trilateral summit in southwest China's Chengdu City Premier. Li Chang told the news briefing that dialogue is the only way to resolve the crisis and the China Japan and South Korea will step up their coordination and communication. There was no mention of what exactly exactly the three can do to coax the US North Korea back to the negotiating table if the UN China and Russia recently suggested easing sanctions on North Korea but the the US quickly vetoed that idea the US and South Korean military say they're closely monitoring North Korea and ready for any possible provocations. Anthony Kyun NPR news soul when Boeing's incoming CEO. David Calhoun takes over on January thirteenth. He'll be faced with the ongoing crisis. It's over the manufacturer. Seven thirty seven Max. The company said Monday the now former CEO Dennis Muilenburg out effective immediately. NPR's I Jim Zarroli tells. NPR's morning edition the seven. Thirty seven. Max Issue has tarnished Muhlenberg reputation as well as the reputation of the company. Boeing really kind of ticked off regulators the FAA but also just regulators all over the world because of the way downplayed the seven thirty seven. Max is safety problems it also caused a lot of trouble for its customers. which are you know? The world's airlines are because you know companies like southwest West own a lot of 737 Max is and they've had to cancel flights because the plane is grounded and that's really meant lower revenues. So so this is something that is is affecting the entire aviation industry and not just in the United States but around the world at last. Check the Dow down thirty eight points this is NPR. Britain's Prince Philip the husband of criminal Queen Elizabeth as returned to the royal estate in Norfolk on England after four nights in the hospital. NPR's Frank Langfitt reports from London. The Prince Ninety eight went to the hospital last week on. The advice of his doctor was a precautionary measure. For Pre existing condition. Buckingham Palace did not specify the condition Prince Phillip retired from public life in two thousand seventeen the queen. ninety-three will reportedly use her annual Christmas Day. Message to acknowledge the this year has been quote bumpy. which would seem classic British understatement? The battle over brexit continued to tear at the seams of the nation her grandson Prince Harry and wife. Megan Megan markle openly complained about their lives in the public eye and prince. Andrew the Queen's second son was forced to step back from public life after a disastrous interview with the BBC about his friendship with the late convicted sex offender. Jeffrey Epstein Frank Langfitt. NPR News London. Christmas cheer is ringing in Bethlehem as thousands thousands descend on the town. That Christians believed to be the birthplace of Jesus the main attractions the Fourth Century Church of the Nativity and the fifty fifty two foot Christmas tree in Manger Square Bethlehem is seeing its busiest tourist year in two decades and taking advantage of a relative lull lull in Israeli Palestinian tensions. Israel said Sunday would allow Christians in the Palestinian Gaza Strip to visit Bethlehem and Jerusalem. Christmas reversing an earlier decision not to issue them permits. I'm Laurie London N._P._R.. News in Washington..
"premier li chang" Discussed on 1A
"I don't i think that'll be a red line for china 'cause that they'll see they'll see hong kong going way of taiwan having independent elections. You'll elect someone who's a separatist wants to a fully independent hong kong. I don't think she will go there because carrie. Lam is appointed by i featuring right they they get they get to look at the candidates and say okay. That's we approve or not. Approve is not a direct election so i don. I think that will be a red line and i and so oh. I'm hoping that it doesn't situation where z g feels backed into a corner <hes> because he's in a tough spot. I mean they have a october. One anniversary three of the of the founding of of china come up. He does not want this on the you know these protests going on while they're celebrating the founding of the people's republic. He's his economy <music> hurting very badly from this trade war <hes> he is. He's in a difficult spot but i i i'm afraid if he pushed him past that red line <hes> the he will. He'll reacting could see t._m. Paul actually that was the point i was going to if you look at what happened. In gentlemen square the chinese were trying to deal with that because they have gorbachev coming over and they wanted to kind of have a nice kind of atmosphere when they had this big state visit. They're coming out to an anniversary. They want to get through this and not be ambassador. I want to lose face as people say say in asia and i think if they do feel like that then once-over three is over they will be much tougher in terms of many ways the best chance now for people to get what they want and then stop is before this anniversary if they carry it on afterwards. The chinese got no incentive to knock it get really tough with them mm-hmm. I mean so i i'm constantly going out saying americans really need to watch what's going on in hong kong because it really can have a dramatic impact on how <hes> the trade negotiations between the trump administration go with. She feeling like he is backed into a corner. It's going to be a major major question what he's back to the corner. Domestically it's going to be a question of whether or not he's willing to make some concessions and if he's doing if he's able to be a little bit more flexible in his discussions with the trump administration and kind of withstand any political scrutiny that might come along with that <hes> and so i think this is something that the trump administration are knows and so they've been kind of tiptoeing around the hong kong issue for the most part because they don't want to add any additional pressure on she because they feel feel that he's already got enough going on and he may concede on his own to some other demands but do we think that beijing wants to even dialogue. I mean you know they've pointed. They seem to have pointed the finger at the the u._s. Suggesting that the u._s. is kind of bolstering the pro democracy movement quietly. There was a joint news conference between germany's chancellor angela merkel. She was just in beijing where she called for dialogue with the demonstrators but china's premier li chang called for an end to quote the violence and chaos in accordance with the law to return to order which is to safeguard hong kong's long-term prosperity and stability unquote so it doesn't sound really like beijing wants to kind of negotiate negotiate this out they just wanted to. I definitely just want it to end. The question is whether or not it ends with brutality and any military intervention. I think that that's really going to be the make or break aac situation for how this kind of proceeds going forward is is just whether the violence kinda gets out of hand and questioned for marcia who tweeted what carrie lam so long to figure out that extradition to china was a nonstarter for her people. I think what was interesting..
"premier li chang" Discussed on World News Analysis
"Small and medium-sized Interprises by fifteen percent charges are relisted registration will be cut were cancelled personal postal articles tax rates. Also be lower to expand imports and boost consumption for more on this John earlier talk with debut, professor of finance with New York University Shanghai. And. Diner Tongan author and columnist. I I the why do think is this Rondo three hundred billion Yuan fee cars, and what the highlight of it and who will get benefit from it. Well, quite frankly, this is ground up approach that has been proposed by the Chinese government. This is in opposition or an in stead of this kind of top down approach. What I mean by that is in the past two thousand eight two thousand nine crisis China came in and they just poured money the top, and they hope that it would filter down. I'm fortunately it led to kind of at boom. And and a lot of projects that necessarily be as productive as they wanted. So now they've changed it and what they want to do is start from the bottom up. They're really concerned about the small medium size enterprises. Making sure that they have enough money to do it. They've tried successfully unsuccessly to try to get the banks to fill this gap. But you know, as we've talked about many times banks in China are very good about debt lending, but they're not very good about lending on risk. And that it continues to be a problem. So to address it. They said, look, we'll just let these guys keep more of their money. So David so for businesses electricity fees cod and the brought bend fees card and for individuals. The postal articles attacks raise will be a lower soul who will be benefiting from it. Well, it'll be your consumers who will be benefiting quite a lot every every every normal person. But not only the normal thing that everyone does but things such as the travel expenses for the airlines wrong, quite cut quite a lot. And this led to a big boom in stocks airline stocks recently. So. It's been it's been interesting. Right. But given the extra boom, but they had given the mixed results that they recorded Jefferson. Always do. Remember that Premier Li Chang said last month during the two sessions at the government would cut taxes and fees for all companies by nearly two trillion this year. So how effective would be to kick Saad economy? Well, I think it would be very effective. But you know, we're gonna have to wait and see this kind of new approach that the government is taking. But what it does is underlined? The fact that China has a whole assortment of tools, which are just not available. If you're in the US or Europe or basically almost anywhere in the world..
"premier li chang" Discussed on World News Analysis
"You're listening to today were discussing China's domestic issues and also it's foreign policy. Now, let's talk about this tax cut and fee reduction. We mentioned in the first segment so Victor Premier Li talk about this this morning that it will be implemented in coming month. So how effective do you expect those policy their impact on the private sector? Ward a small businesses. Well, I do hope the policies announced by premier leakage. This money will be. Implemented a very faithfully. And the results will be. Very well felt in the business communities on the other hand allow me to emphasize that the Burton's on the Chinese companies, especially for the smaller medium sized the privately owned enterprises are very onerous. It's not only the income tax faced with, but also, including all the tariffs and charges and levies that the various government entities tend to Levy on these enterprises, and I think combined together the tax and the levies and charges of fees. For example, actually, add up to a very large button all these enterprises, especially for small medium sized the privately owned enterprises. And I think it is time for the government to take very affirmative measures to make sure that the burden on the companies will be lessened and the companies will really be immense. Pated, for example, at least they're overal Burton should be compatible to for example, the US companies after the massive federal corporate income tax reduction because otherwise a we are really put up so much burden on the Chinese companies or eventually they're visionary and productivity will be severely handicapped. Not only for production here in China. But also, especially in terms of competition with their counterparties in other developed countries so victory mentioned implementation. Do you foresee any particular difficulty challenges when he comes through the implementation process of of course, there will be difficulties for example in China because the countries so bake, and we have a structure of the central government and the top provincial governments in the middle. And then city and local government. On the third tier? Don't forget. Each of these provinces the size of a country in Europe, for example, in many other parts of the world, and sometimes the central government makes the right decision. But there is a kind of attempt at the regional level or the local level tried to succumb spent the central government's decision and tried to really wiggle there. Some rooms into the experiment implementation of these policies. But eventually the end result is that the culprits actually find themselves very helpless in dealing with these very excessive of burdens on the companies, and eventually, for example, some of the companies have to close down or reduced staff. The have for the employment or even for example, sometimes they need to relocate to some other countries or. I hope the policies and decisions announced by Premier Li Chang..
"premier li chang" Discussed on Bloomberg Radio New York
"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 what this shower China is looking at the slowest pace of economic growth and almost three decades. Get the details from Bloomberg's Tom MacKenzie at the National People's Congress gathering in Beijing. China's Premier Li Chang warned of struggles ahead as GDP target of six to six and a half percent for twenty nine team that is the softest target. The government has ever said it self GDP growth. They also announced a deficit target increasing to two point eight percent from two point six percent that is to allow them to fund edition of fiscal measures, including three hundred billion dollars worth of consta- taxes and fees aimed primarily at the manufacturing sector and private businesses. Tom MacKenzie Bloomberg daybreak. Thanks, Tom in the euro area economic activity was stronger than expected in February as an improving services sector managed to offset a slump in industry. IHS market says services expanded. Across the nineteen nation blocked bolstered by gains in Germany, Ireland and Spain and the UK Prime Minister Theresa may faces a divided cabinet today. This has ministers had to Brussels to seek concessions from the European Union. President Trump is announcing plans to end key trade preference programs for India and Turkey. It's the latest move by the US to counter what it calls unfair trade practices and Tokyo Carlos zones impending release from jail is in jeopardy accord approved bail for the former Nissan chairman, but prosecutors are now appealing the decision. Shares of Salesforce dot com or down almost two percent. We get the details. Live from Bloomberg's John Tucker. John made Salesforce gave a revenue forecast that fell short of estimates. Its raising concern on the cloud software makers growth has stalled the projected revenue increase of twenty two percent of the current quarter would be the smallest year-over-year gains since at least twenty ten that disappointed. Investors were looking for stronger growth, John Tucker, Bloomberg daybreak John. Thank you. It's a big week for retailer Ting's beginning today when target and Kohl's report. Now, let's get you have today to now. Stocks are faring s and p futures are up five points this morning. Dow futures up fifty two NASDAQ futures up fourteen the Dax in Germany little change ten year treasury down three thirty seconds yield two point seven three percent yield on the two year two point five five percent. And NYMEX crude oil is down seven tenths percent or thirty seven cents to fifty six twenty two a barrel and straight ahead. We have the latest world and national news. And this is Bloomberg. Okay. Thank you. Karen? It's five thirty three on Wall Street. Let's check in with Michael Barr.
"premier li chang" Discussed on Bloomberg Radio New York
"Karlsson. Great AVI with us. It's a busy morning here on Bloomberg radio where digesting the latest growth target from China on the corporate news front. Meanwhile, we've heard that a job unease court has granted collars, Goan bail, even as Japanese. Prosecutors are promising to appeal that decision. Interesting news says the Geneva motorshow gets underway. We'll be live in Switzerland. This hour to hear from PSA CO callers Taveras, let's kick it off with a quick Datatech Asia's regional benchmark index declining by run about three tenths of one percent. Even as we've seen Stokes actually pair previous losses. Shares in mainland China, for instance, towards the tail end of the session have gone into positive Tara tree. The Shanghai composite index in the process of shutting up shop with a gain of run about nine tenths of one percent. The Hang Seng in Hong Kong higher by about eight tenths of one percent earlier, though, we did see losses in Japan with. The Nikkei two to five index declining by run about four tenths of one percent. Looking ahead to the European open. We've seen futures in this part of the world strengthened marginally in the past few minutes. Also as the Asian picture has improved that being said, footsie futures fairly unchanged receiving European euro stocks fifty futures slightly higher only slightly though marginally the Dax futures still in negative territory down by run about two tenths of one percent. So a little bit of a mixed bag is what the futures are pointing to in this part of the world what it costs to fixed income. We're seeing treasuries holding gains the ten year yield is little changed at two point seven to four percent this after what was a three basis point decline last night. Looking at FX, we're seeing some dollar strength. The Bloomberg dollar spot index putting on zero point one six percent. Most major currencies in negative territory against the greenback. This morning, the Kiwi dollar in particular. Dombi by run about four tenths of one percent. The dollar is off by two tenths of one percent. After the RBA held rates steady overnights, all prices softening somewhat. We're seeing Brent crude at sixty five dollars and forty three cents down by a run about four tenths of one percent at the same time as we're seeing copper prices rise by about eight tenths of one percent. So that's the data. Check for you this morning. I just want to mention as well, the euro spot price one spot thirteen twenty seven that's where we are this morning that is off by a roundabout a tenth of one percent or so so that's the euro as well, meanwhile, let's delve deeper into our top stories China has lowered its goal for economic growth and announced a major tax cut the GDP growth. Target was set at a range of six to six and a half percent for twenty nine thousand nine speaking to the National People's Congress earlier today Chinese. Premier Li Chang warned that the country must brace for a tough economic battle ahead. Full analysis of developments in and outside China shows that in pursuing development this year, we will face a graver and more complicated environment as well as risks and challenges foreseeable and otherwise that are greater number and size. We must be fully prepared for a tough struggle that was Chinese Premier Li Chung speaking through a translator the trade story, of course, overshadowing the Chinese economy, the world's two largest economies are nearing the finish line. We understand on a deal that could be signed by President Donald Trump and his Chinese counterpart Xi Jinping as early as this month. However, US Trade Representative Robert lighthizer said that says that there is more work to be done. And Trump has warned that he can still walk out on China. Like he did with North Korea last week the US meanwhile, making another move to counter what it calls unfair trade practices. President Donald Trump announced he is planning to end key trade preferences for India as well as Turkey, the trade benefits allow duty-free entry of products, including auto, components, and textile materials. Trump says that some American companies complain shipments to India have been hit by non-tariff barriers while he says the Turkey is no longer merely a developing country. The Reserve Bank of Australia, also, keeping its key cash rate unchanged at one and a half percent. The central Bank made the decision in the face of a credit squeeze and tumbling property prices. We're going to talk a little bit more about it. We're going to cross over to Singapore where David Finnerty from the markets live team joins us. So talk us through what we've been seeing here regarding the alsi alsi data disappointing ahead of GDP data tomorrow. Yes. The fourth quarter GDP state smart had various components of it coming out over the last few days. Yes, they inventories which disappointed the downside net exports as a percentage of GDP, which also did when you combine all that. You'll see in qualified columnists revised lower that she'd EP forecast now two point six percent year over year growth, and that was interesting because when you look at the RBI came out, and basically if you read this statement, it's still quite upbeat about everything is still thinks that growth is three percent. It alluded to the employment data, which we know has been strong. But then having said that govern allow himself came out recently. Instead that we need unemployment about four point five percents. President about five percent four point five cents to really get an outbreak into upward pressure on wages. So even though grow wages, certainly uptaking. Slowly, it's that way spur inflation that much. I was quite interesting given all this. There was still quite upbeat fashion of all on economy and therefore. Sunny did not signal any imminent future, which I think surprised the market slightly. All right. Yes. Surprise that. We're also looking head to the in the near term folks saying that Donald Trump's desire for a week dollar may lie in Meyer, jogging handsome, essentially. Yeah. I think basically, I think it's gonna be a big factor in data. I'll see the feds sitting on the sidelines with his quite happy being patient. So it's not going to do anything. So now, I think it's really what these he does come out. It's been quite weak if adopted a really dovish tone, and I think that was sending but pressure and by default, the dollar gets stronger, and you look at certainly the Bloomberg dollar index. Yours thirty percent of the index. So I really will have a big impact on the board dollar and only Otake other things with it. So you'd expect dollar to inadvertently just strengthen as it body for it, basically becomes the best of a bad bunch. You could argue if if it comes out, which I think the market is sort of anticipating David. Thanks so much for real time market, commentary and analysis. Check out markets live. That's M L I V on your Bloomberg terminal in the latest Brexit needs this morning. There's only a week left before the prime minister is Churchill to present her deal to the house of Commons. Bloomberg's Tom penny reports on Theresa May. And her cabinets. Latest moves in the run-up to that make or break vote attorney general Jeffrey cokes Brexit secretary Steve Barkley will travel. To Brussels is the UK six last-ditch concessions from the European Union to try to reason is Brexit till through the house of Commons back in London. The prime minister will sit down with a divided cabinet trying to plot in the next steps. With a panel of lawyers assembled by Brexit territory and pays to test every tweak broke by cokes against their demands. The problem for my will be convincing them and some in her cabinet that this is enough in London. Thomas penny. Bloomberg daybreak Europe. In top corporate news this morning at Tokyo court has approved bail for callers go on his third request. He could be released as soon as today on a bond of just under nine million dollars. The former Nissan term and has spent more than one hundred days behind balls, and he may not be released if prosecutors arrest him on new charges, we have heard a Japanese prosecutors will appeal the decision on a bale lower on bail gone has been accused of breach of trust and filing false statements, and the Chinese electronics giant hallway way is on a charm offensive to contain allegations that are carried industrial and that carried out industrial espionage on behalf of China from Brussels. Bloomberg's Maria today or reports on the company's latest moves it's rotating chairman, Ken who will open up a new cyberspace and Brussels today is more countries consider restricting the use of hallway technology. In the meantime, the European Union's digits. Chief has that European members dates shit think very carefully about using Chinese technology Maria today, Bloomberg daybreak Europe? Let's get some more headlines from around the world terrace. Bloomberg Leon guarantee..
"premier li chang" Discussed on Bloomberg Radio New York
"The euro a dollar thirteen thirty eight and the yen one eleven point eight five Nathan, Jared, we begin with the latest on U S. China trade talks. Bloomberg news has learned the sides are nearing a deal that would lift tariffs on Chinese goods. Bloomberg daybreak Asia anchor Bryan Curtis reports from Hong Kong sources say the deal could happen as long as Beijing follows through on its pledges. Those pledges have to do with better protection on intellectual property rights and buying a significant amount of American products. One of the sticking points is whether the tariffs would be lifted immediately or over a period of time and dates for a summit between President Trump and president Xi have not yet been agreed to but it's thought to be sometime this month in Hong Kong. I'm Bryan Curtis. Bloomberg daybreak. All right, Bryan. Thank you trade. Talks Infocus China also kicks off its biggest political event of the year this week that National People's Congress. Bloomberg's Tom MacKenzie has details from Beijing Premier Li Chang will kick off the events on Tuesday. Outlining this year's priorities key will be the annual growth target economists expect it to be lowered to a range of six to six half percent officials scheduled to review a draft law protecting the intellectual property of foreign investors and banning forced tech transfers both are key demands. In its train tussle with China, of course, and we'll be closely watched in Beijing, Tom MacKenzie Bloomberg. All right, Tom. Thank you. And Bloomberg news has learned China is planning a tax cut to support. It's slowing economy which could be announced this week at the National People's Congress. Now, the word of Beijing and Washington getting closer to a trade deal. Helpless stocks across Asia today. Bloomberg's Juliet Sally joins us with details from Singapore. Good morning. Juliet good morning Nathan and Karen Chinese Stokes led the gains in the region. The Shanghai composite closing above three thousand points for the first time since June. The index was up over one percent on the close to three thousand and twenty seven points in eight month, high the index is now climbed twenty. Three percents. It's January three a drop in the end booster Japanese equities with an AK two to five m by one percent on the closed markets in Hong Kong, Sydney and Singapore also gained but fell in Seoul and Taipei in Singapore. And Juliet Sally, Bloomberg daybreak. Juliette? Thank you those equity losses in Solan pay came after ugly, data out of South Korea and Taiwan. Both countries had factory PM is volunteer per into contraction territory South Korea's reading for June came in at forty seven point two while Taiwan's fell to forty six point three we progress US China trade talks the battle over detained hallway CFO mango long, Joe is heating up. Bloomberg's John Tucker joins us live with the latest. Good morning. John good morning date while way is going on the offensive the Chinese electron IX, China's preparing to sue the United States. That's according to the New York Times and in a separate action. The CFO is suing Canada lodging. She was wrongfully detained and searched in that. Entry the time says the US Sudas part of a broad pushed by wa way too dependent self against a campaign led by the US to undermine the company in Canadian suit, the CFO claims her constitutional rights were breached at a seeking damages for an ordeal. She says about a to false imprisonment John Tucker, Bloomberg daybreak. Thank you. Meanwhile, President Trump renewed his attacks on the Federal Reserve over the weekend. We have a gentleman that likes raising interest rates in the fed. We have a gentleman that loves quantitative tightening in the fed speaking at the conservative political action conference in Maryland, the president also blamed the fed for a strong US dollar. I want a strong dollar, but I want a dollar that's going to be great for country, not a dollar that so strong that it is prohibitive for us to be dealing with other nations and taking their business. But if history is any guy the president's comments won't do much to move the greenback. The dollar is. Slightly stronger this morning. The pound is slightly stronger as well in the UK Islam acres move towards supporting Prime Minister, Theresa May's Brexit deal. Bloomberg Sebastian solid joins us live from London with the latest. Good morning. Good morning. Nathan and Karen Theresa May furiously trying to build a coalition than that can support a revised deal. The Sunday Times needs type of reporting Brexit hardline handed me a new list of demands full that revised agreement and it looks a lot easier to achieve than the last one. The prime minister has promised to put a tweet deal to another vote by March the twelfth. And that probably means a text that we presented by the end of this week live in London. I'm Sebastian solid been back daybreak. Sebastien? Thank you and on the corporate front. Shares of tesla higher by one and a half percent in early trading. The move comes. As CEO Elon Musk says, the company will unveil its model, why crossover vehicle in less than two weeks. Tesla. Shares ended last week on sour note. Falling nearly eight percent Friday when the company announced store closures and employee layoffs musk also. Oh said he doesn't expect tash. Let a turn a profit in the first quarter futures this morning on the rise s and p futures are up five points. Dow futures up fifty six NASDAQ futures up twenty six and the euro at a dollar thirteen thirty nine this is Bloomberg. Thank you. Karen? It's six oh seven on Wall Street time to check the latest world and national news with Bloomberg's Michael Barr. Good morning. Michael good.
"premier li chang" Discussed on WAFS Biz 1190
"Of a Brown egg case under the branches of Molly crisis tree. She says the insects were crawling on our walls and ceilings in some houses that creatures might have met with a shoe or a rolled up magazine for Christ's veterinarian captured. The praying mantis is using a box in an envelope. And she's feeding them fruit flies, cried says she learned some people, including organic gardeners, really liked praying mantis which eat other bugs. So she hopes to find them a new home. But next Christmas quite says she wants a fake tree Keith Peters. Reporting January ninth nineteen fourteen the county of Los Angeles opened the country's first public defender's office. You can always check out more breaking news, and you can always read more analysis. They're both a townhall dot com. Bloombergradio wrought to you by the outlet online, huge savings on the things you needed what it's HSBC Darko this sale. The pricing was about twenty five basis points over the existing Saudi curve Chrysler, we'll pay less than expected to resolve a Justice department investigation into diesel emissions. The car maker will us some less than half a billion dollars to end the case far below the eight hundred billion it had earlier put aside the case led. Some diesel engines violated US clean air regulations. But we're told Fiat Chrysler won't have to admit any wrongdoing. As part of the agreement. China wants one of the most prominent American business leaders to help smooth relations with the US. Beijing is asking tesla, boss. Elon Musk's us companies venture in Shanghai to warm frosty. Cross-pacific ties Premier Li Chang says he hopes tesla will win a firm foothold in China's expanding electric car market and play a lead role in promoting closer relations between Beijing and Washington. Global news twenty four hours a day on air and talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Deborah mouth. This is Bloomberg said. Thanks ever. Let's get back to our top story minutes of the.
"premier li chang" Discussed on Bloomberg Radio New York
"Ed. Yeah. Paul that's at next week January third now the Senate did reconvene for a very short time. And then presiding Senator Pat Roberts today. There's no further business to come before the Senate, I ask Santa journ under the previous order. No further business because it had already passed legislation with wall funding to end the shutdown. Bloomberg's Derek Walberg says the next flurry of potential activity could actually come after noon, January third when the new house convenes, and then see Pelosi presumably will be elected house speaker at that point. She has said that Democrats are going to put forward immediately a stopgap spending Bill it probably won't have wall money. You can imagine how President Trump's gonna think about that. Meanwhile, the house. Those refusing and no vote is scheduled therefore anything. So impasse continues. Meanwhile, at the border, California, congressman Mark diesel, we have a humanitarian crisis, we have an immigration asylum crisis that needs to be remedied in a bipartisan way, but maybe hope for the future incoming congresswoman zone Torres small of New Mexico. A democrat says she wants to work with President Trump on the realities of border security, including some wall district that I'll be representing includes almost one hundred and seventy eight miles of border, it's incredibly rural. And so we have to make sure that we have the resources they're along our rural and most remote areas to make sure that we have border security that we have an agency that is enforcing our lives and has also reflecting our values. She's in that class. It takes office January third, and we're watching a developing story in Taiwan. The Premier Li Chang is scheduled to talk with reporters at this time. Now it could highlight how challenge it has been for president. So I think one of the big law suffered during local elections in November global news twenty four hours a day on Aaron talk on Twitter power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in San Francisco, I'm Ed Baxter. This is Bloomberg. Bryan, sir. All right. Thanks very much. Thirty eight minutes past the hour. Sports with Donna Payne in the NBA on Brian. The Knicks are visiting the bucks tonight. New York is hoping to snap a five game losing streak while Milwaukee is looking to sweep their home and home series. The Celtics are visiting the rockets Boston has won two straight games while Houston has won seven of eight. The warriors hosted the trailblazers later tonight Golden State forward. Kevin Durant says they haven't played well lately after losing at home to the Lakers on Christmas definitely.
"premier li chang" Discussed on Bloomberg Radio New York
"Very bullish child times. He is Bloomberg's Doug krizner in New York. Doug. Julia two stories. The first is around oil. We were down big in New York with WTI tumbling more than seven percent, we fell to a nine month low and this collapse in crude triggered a slump in energy shares the S and P five hundred energy group was down two point four percent on the positive side. Maybe some movement on the U S China trade, we had the White House. Economic adviser Larry cudlow, telling CNBC, the US and China are talking on all levels of government. So perhaps some of that hope was tied to a move. Higher for some of the chip maker's the socks index. This is the Philadelphia semiconductor index up one point four percent on the day. The dollar pulled back the right now the dollar remains weak. The yen is coming in just a bit. We're thirteen ninety two. The Nikkei two twenty five is up two tenths of one percent. We had third quarter GDP for Japan about an hour ago. A worse-than-expected reading a contraction by one point two percent annualized. We were looking for a decline of only one percent business spending dropping two tenths of one percent. The estimate was for an increase of two tenths of one percent. And that's quarter on quarter right now. In Seoul, though, the kospi down about four tenths of one percents. And in Sydney, the S X two hundred is weaker by one half of one percent. Long term interest rates came in just a bit during the New York session, the tenure giving back about four basis points that probably was a factor in dollar weakness. We were last quoted in New York at three thirteen now. Three fourteen on the tenure in the Tokyo. Session. I'm Doug krizner from the Bloomberg interactive brokers studio, Brian. Yeah. You might think you'd see a little more positively and equity prices in Asia, given the big drop in oil as we have so many big importers out here. But we're not really seeing it here at the moment as you just pointed out well crude oil has Doug mansion down more than seven percent today. Nine months, low several factors here that are depressing. Prices OPEC dire forecast for demand next year. That's one steadily rising American production and stockpiles and there's also President Trump's criticism of Saudi Arabia's plan to cut output. We spoke earlier with I'm ready to send the chief oil analyst at energy aspects. He says it's a kind of call to arms for the oil cartel. Opec will have to take some corrective action when the neat on six December and pull some of the oil that they preempted into the market out of the market. Another factor. Pressuring oil is the larger-than-expected US waivers to sanctions on the purchase of Iranian oil. And that drop. Oil prices overshadowed, sin, potentially good news on trade, positive comments hinting as tons of progress coming from the White House economic adviser Larry cudlow, we are now communicating at all levels. And that's a very good thing. The president kinda reopened the China talks, which I won't say they stop, but they slowed down when he called president. She yesterday's China's Premier Li Chang said Beijing is willing to negotiate with the US President Trump and she made on the sidelines of the g twenty summit in Buenos Aires later this month, and we had some implicit criticism from Peter Navarro of Steven Mnuchin, and then we also had some implicit criticism of Peter Navarro by Larry cudlow, just to give you a little insight into what's happening there in the Trump administration on trade, and we'll be chatting with Fraser Howie in just a moment. Noted author on China in a few short minutes. Well, we also had this it looks like, no. New US auto tariffs at least for now. More on that from Bloomberg's Denise Pellegrini. President Trump met with top trade advisors at the White House today. We're hearing the group discussed draft report from the Commerce Department looking at auto imports, including SUV's vans, light trucks as well. As auto parts, the so-called section to thirty two probe under the trade expansion act looked at the national security implications of these imports, but we are being told the Trump administration has decided to hold off a new auto tariffs and quotas at least for now the US imported about three hundred fifty billion dollars worth of cars and car parts last year. Denise pellegrini. Bloomberg daybreak Asia. China says the US move to ban American companies from selling technology to a Chinese chipmaker seriously damages Beijing's interest. Bloomberg's Rishaad Salama has more. China's says it violates the world trade organizations principles of non-discrimination. Chinese officials dismissed the US claim that it's necessary on grounds of Nash. National security. Beijing says it's simply intended to protect US-based Micron Technology from competition. At issue is a Commerce Department decision to block sales of US components to Fujian he wa integrated circuit company, the protests could indicate the Beijing is planning to file another WTO proceeding. It goes to that organization's authority to issue rulings about national security issues. In Hong Kong, I'm Rishaad Salamat. Bloomberg daybreak Asia. Well, we've got some comments here that the US China trade war is actually good for as you nations at Baxter has global news. From the Bloomberg nine sixty San Francisco newsroom. Ed. Yeah. That's right, Brian with the meetings going out of the presidency of the US council. Alex Feldman on Bloomberg TV says.
"premier li chang" Discussed on WNYC 93.9 FM
"Fanned welcomes Mr. to Beijing. The first visit by Japanese leader in seven years, not long after that relations between these two historic enemies took a nosedive and a dispute over a group of islands perhaps their lowest point since the second World War, but it seems both countries and are keen to get things onto a more stable footing. Not least has will here because of the unfolding trade war between China and the US must picking after talks with the Chinese Premier Li Chang Shinzo Rb heralded, a new era in his country's relations with China. I had fish that. You thought it Bucatini? With the development of China. The time has come for China and Japan to contribute to the world. I am very happy today. I'm able to be here with Premier Li and everyone for this historic turning-point is also now the Chinese president Xi Jinping the full honors for a visiting head of government. So just how significant is today's visit the question for Richard McGregor an expert on relations between China and Japan the Lowy institute in Sydney, he's the author of Asia's reckoning. It's a big deal particularly in Asia but globally as well. If you think about it, Japan and China are the world's biggest economies their neighbors to Asian powerhouses. And I really have not had a proper summit you can say since two thousand and eight perhaps two thousand and eleven so the fact that the two leaders are meeting on an equal footing in a friendly fashion. Really marks a sea change from what has been years of an extreme. Really difficult fractious in many respects dangerously bad relationship. I'm what's driving? This reproche Mon if we can call it that well, I guess the reproche Mon is being driven by two things. The first thing is when they had their last real down point in two thousand twelve ahead a confrontation of disputed territory in the East China Sea. It was kind of only up from there because at that time they almost possibly came in had a slight military conflict. So that's the first thing it's been trending up since then, but I think like in everything in global politics. The size is also a Trump factor. One reason why China is willing to invite Mr. Ave over to China. Give him a full state visit given face and everything like that is that China is looking for friends, and particularly on trade issues, and Japan and China have an enormously valuable to trade relationship. And so that's something they can talk about, you know, especially if courses because Trump is bullied are on traders will so they've. Basis on which to proceed they in some ways trying to at least partially ring-fence themselves from that impending US China trade war, at least the effects of that war. Well, that's a very interesting question because the big deal in Washington these days, the buzzword if you like is decoupling the Americans want to get parts of technological capabilities skills out of China, America's most important ally. In Asia is Japan Japan is deeply entwined in the Chinese economy and the supply chain to them you chew benefit this competition there as well. And so, you know, if America starts talking about decoupling, which way does China go, the gravitational pull in Asia is the Chinese economy, and I think China wants to make use of that to head off this pressure from the US on trade some of even talked about a possible free trade zone between China Japan. And it also including South Korea. I mean is that a real possibility whatever it is it won't be a free trade zone because they'll be all manner of restrictions, but certainly China, South Korea and Japan have talked about, and perhaps now we'll talk about more intensively, increasing trilateral trade liberalization the way Trump behaves. He's only giving extra impetus to that. Just a question on Shinzo Rb. I mean, he is invested a huge amount more than any other leader in cultivating or trying to, cultivate, President Trump has that been a waste of time. Absolutely knowledge know from the Japanese viewpoint they think they have no choice. They can't handle China on their own. They need the Americans. People often forget that America's biggest bilateral military, ally is Japan. There are more American troops in Japan than any other single country. So at the moment, still despite what you see in Beijing today America is Japan's indispensable. Security card, so he had no choice, but to do that. And he has gone not caffeine hand. But he's you know, he fronts up every time when Trump is doing this. And that you know, he hasn't been humiliated, but he's certainly being beaten around a little bit. But I don't think the Japanese think they have any choice perhaps just to end we can inject to word of caution. I mean is any symbolic warming of ties. I mean, how fragile is that given the decades of mistrust and mutual suspicion between the two this is an important moment that it's just a moment for the time being the two countries would have to invest enormous political capital to build mutual trust. That don't have that they might build a platform this week, but there's still a long way from being bosom buddies. Richard McGregor expert on relations between China and Japan North of Asia's reckonings. Twenty years ago in the American state.
"premier li chang" Discussed on KNSS
"Farm Robert here. Robert, somebody burned down, my she shed, no one bird down, your she shed shero, Victor because my she sheds burning up in the backyard. Does she share was struck by lightning, Cheryl, Robert state farm cover? My she shed what she said, she turned are shed hideaway. Robert that's covered. You hear that Victor? I'm getting a new she she or she can we stop. She shared now. Go with a win that's here to help life, go, right? State farm. Talk to an agent today. K N S S news now at noon. I'm Ted Woodward. Currently in Wichita, we have a sunny sky. It is eighty seven degrees forecast. High today of ninety three a top Chinese official makes an appeal as the US tariff fight escalates, Asians, number two leaders speaking at a business forum in tenjin China asking for global support in the growing trade battle with the US this day after China announced a tariff hike on sixty billion dollars worth of American imports in response to President Trump's two hundred billion dollar increase on Chinese goods. We are the piggy Bank to the world. We've been ripped off by China at the World Economic Forum Premier Li Chang making no direct mention of the fight but appealing to governments to resolve disputes through negotiation and reject unilateralism, President Trump saying he'll slap another two hundred sixty seven billion in tariffs if China retaliates Lilian. Woo Fox News Ray. Raising expectations. That's a report released this week by the national partnership for women and families gives Kansas a grade of c minus based on its policies allowing working people to meet their personal or family caregiving responsibilities. Vicki shae. Bose has caregiving is a widespread need in Kansas. And it's only going to get bigger. Seventy three percent of Kansas households with children have all parents who hold paying jobs nearly one in four workers in the state is older than fifty eight fifty five and the population is aging in the next fifteen years or so the population will grow by about a third of older population of seniors. So what we're talking about? What's needed our family friendly policies that offer pay and expanded time off for people to be able to care for themselves and their loved one Kansas is in the top half of states in the measure. However, the twenty-five states below Kansas receiving a grade of D or F in the report, the traffic note in south central Kansas. We have the report of a spill of hydrochloric acid on highway K fourteen south of Kingman and officials are trying to get that cleaned up. There are some road closures on Kansas highway fourteen. South of Kingman. Major US stocks edging mostly higher in midday trading today. Gains and financial companies outweighing losses. Elsewhere in the market energy stocks on the rise along with crude oil prices home, builders declined following a mixed batch of housing data technology companies lagging the rest of the market but J P Morgan Chase of two and a half percent. Halliburton up. One point eight percent, we've at least a.
"premier li chang" Discussed on Bloomberg Radio New York
"To the gallows any day now for the nineteen ninetyfive gas tax that's the seren tack in the tokyo subway system an uber investigation while tampa police today are saying that a video from the autonomous vehicle shows the woman who died moving suddenly in front of the vehicle before she was hit global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in san francisco i'm ed baxter this is bloomberg rich hey let's go back to guest greg would it buffet manning in napier greg on the one hand we have a protectionist inwardlooking lynnwood sounding noises coming out of the white house over in beijing we had chinese premier li chang promising to lower lower tariffs an open things up has been taken by investors in the us you know i think obviously it's it would be taken that as a positive i think china would we saw some signaling that they're at least willing to make some concessions protection of it so perhaps that league chang's kind of negotiating tool to offset what might be a negotiating tool from president trump but it's it's interesting to to see you know not not necessarily the us but if you look at some of the automation names in japan they really took it on the chin last night these are the companies that essentially help china make things to to produce for the us it was interesting day yesterday resign asked about differentiation as we saw that in hong kong we had one of the best days in hong kong for tech companies that we've had in a long time as quite surprising because of earnings we had a sort of smaller little known company come out sunny optical with strong earnings fed through to the.
"premier li chang" Discussed on Bloomberg Radio New York
"Flash everybody seventeen minutes past the hour we update markets every fifteen minutes here on bloomberg radio as mentioned a lot of reasons for investors to lighten up the load a little bit and we do see selling across the region the nikkei down one hundred ninety four points the question is will earnings change investors minds and that remains to be seen we did have this from morgan stanley and goldman sachs that ten cent we'll probably post strong sales growth in mobile and pc games business when it reports sits earnings after the close tomorrow he had some interesting moves on sunny optical yesterday anyway we'll have to wait and see the earnings starting to come in here in the asia pacific let's get up to beijing right now for a full look at china markets with bloomberg's emma o'brien emma good morning hi there brian chinese and hong kong markets will likely full today with index speeches to the region tracking those declines and us equities the magnitude of the though is in question with earning season as he said in full swing texas did drive the sell off overnight but we had companies like that apple supply sunny optical reporting better than expected results yesterday also tech giant tencent is judah report on wednesday and golden hiked its price target for the stock by hefty twenty two percent today which could prove supportive also chinese premier li chang closing the national people's congress with the press conference so be looking the market reaction to that bryan all right emma thanks very much now one oh six oh eight so we've seen the yen week a little bit there the euro added dollar twenty three forty one all right that's look at markets nineteen minutes past the hour to san francisco here's ed baxter with top stories said brian thank you hoover's halted its autonomy vehicle test after one of its car struck and killed a pedestrian and tempe arizona police are saying the woman was walking a bike at.
"premier li chang" Discussed on Bloomberg Radio New York
"Bloombergradio dot com welcome back china's parliament has unanimously reappointed xi jinping as president lawmakers voted almost three thousand two zero to give him a second fiveyear term no president has received a unanimous vote in at least a quarter century are china correspondent tom mackenzie is in beijing tom i guess it's not entirely surprising but significant nonetheless this result i think that's a fair way to put it yes certainly no surprise that he got this backing so but if it supplies if he got such unanimous backing as you say that's the first time we've seen that in about twenty five years and it underlines if we ever needed another reminder the president she is the most powerful man to lead china and at least two decades at least two generations of leaders the people's daily the state run newspaper coming out and describing president xi as the great helmsman now that's normally title that was reserved for miles a dog and we also heard from an analyst say here saying that again it points to the fact that president xi is now essentially chairman of everything here in china we also saw smother appointments as vice president one chechen he's a key ally for president xi and has been since xi jinping took over the realms all the power the reins of power in twenty twelve one she shine drove and let this anti corruption campaign that saw about one and a half million officials here punished for corruption and misdemeanors see is being appointed vice president and we'll have as very important role in this administration going forward and then there was the premier li chang he's had his power and his wing slightly clips but he was reappointed as premium no surprise there but it is really the president's term and one chechen being named vice president.
"premier li chang" Discussed on WAFS Biz 1190
"And bloombergradio dot com welcome back china's parliament has unanimously reappointed xi jinping as president while makers voted almost three thousand two zero to give him a second fiveyear term no president has received a unanimous vote in at least a quarter century are china correspondent tom mackenzie is in beijing tom i guess it's not entirely surprising but significant on the less this result i i think that's a fair way to put it yes certainly no surprise that he got this backing so surprised that he got such unanimous backing as you say that's the first time we've seen that in about twenty five years and it underlines if we ever needed it another reminder the president she is the most powerful man to lead china and at least two decades at least two generations of leaders the people's daily the state run newspaper coming out and describing president xi as the great helmsman now that's normally at title that was reserved for mouth dog and we also heard from an analyst say here saying that again it points to the fact that president xi is now essentially chairman of everything here in china we also saw smother appointments as vice president one cheese he's a key ally for president xi and has been since xi jinping took over the realms all the power the reins of power in twenty twelve one t shine drove and let this anticorruption campaign that saw about one and a half million officials here punished for corruption and misdemeanors see he has been appointed vice president and we'll have a very important role in this administration going forward and then there was the premier li chang he's had his power and his wing slightly eclipse but he was reappointed as praemium no surprise there but it is really the president's term and one cheese shan being named vice president that is really important.
"premier li chang" Discussed on KTLK 1130 AM
"A what his decision is on the paris climate accord but critics are assuming is pulling out fox's simon owen is live in london lisa some other world leaders restating their commitments to the paris deal speaking in berlin chinese premier li chang severe trillion the useful saying commenting on climate change he is an international responsibility we've had similar statements from india france and russia among others although russia saying the paris agreement will be less effective without major participants only two countries have previously rejected the paris accord syria and nicaragua lisa hank simon president trump is concerned about the impact on the us economy meantime russia's president vladimir putin denies election interference again telling a meeting of news agencies the russian government has never been involved in hacking a new batch of subpoenas and the russian probe and beyond on capitol hill fox's rachel sutherland's live in washington lease of the house intelligence committee wants the fbi cia and nsa to vie documents on unmasking activity during the obama administration three obama era officials are named former national security advisor susan rice former cia director john brennan and former un ambassador samantha power names of private citizens are typically blacked out in intelligence documents in lawmakers one know why some were revealed four other our subpoenas were sent focusing on allegations of collusion between the trump campaign and the russian government those include michael flynn and michael cohen a longtime trump attorney lisa thanks rachel reports now that least one death and a late night explosion at a corn milling plant in central wisconsin there have been multiple medical flu lights from the scene in cambria fox news.