24 Burst results for "Tokyo Stock Exchange"

"tokyo stock exchange" Discussed on KGO 810

KGO 810

02:55 min | 7 months ago

"tokyo stock exchange" Discussed on KGO 810

"Blockchain and digital assets and how there's a new fascination with this new asset class and how a lot of folks are changing their minds. Larry Think. The CEO of Black Rock, the world's largest money manager who I mentioned earlier in the program, was named one of the 25 most influential people in the financial services industry, previously called Bitcoin and Index for money laundering. But now, he says, he's fascinated by Bitcoin and calls it a great asset class. He recently said quote. We are investing in it at Black Rock. We're studying it. We've made money on it. Even Susie Orman announced. I love Bitcoin, although the way she's investing is pretty stupid, but I'll smack his little face boy. She's buying the stock of micro strategy, which is buying a lot of Bitcoin. And the CEO of MicroStrategy. Michael Saylor indeed bought billions of dollars with the Bitcoin. His board members and now being paid in Bitcoin and Sailor is encouraging every other company to do it, too. He gave a presentation to 1400 public companies and 5% of those CFO's say they're planning to buy Bitcoin as a corporate asset this year. Next on already did. There are huge publisher of video games publicly traded and the Tokyo Stock Exchange and they just bought $100 million in Bitcoin less than 2% of its cash. Jim Cramer, in fact, says it's almost irresponsible for companies not to own Bitcoin. He says he owns Bitcoin and advises investors to own some cash on some gold on some Bitcoin. Every corporate treasurer, he says, should quote be going to the boards of directors and saying We should put a small portion of our cash in Bitcoin. Goldman Sachs says 40% of his clients are already doing that, they say quote client demand for Bitcoin is rising. Then they've created a trading desk to deal in Bitcoin futures. Woman says that they believe there's going to be an explosion in the use of digital currency. Golden CEO David Solomon says digital currencies, air quote important to the future of global financial systems, unquote Goldman Sachs recently hosted a private forum with Mike Nova Gratz. He's the CEO of Galaxy Digital and the Goldman Chair of global markets. Mike Daffy. He just left Goldman to become the chairman of Galaxy Digital. J. P. Morgan says they're going to support Bitcoin trading based on client demand. Morgan Stanley is already letting clients buy Bitcoin. You have to be a client at Morgan Stanley for the past six months, you've gotta have an aggressive risk tolerance, and you've also got to have $2 million or more in your account. In other words, That's Morgan Stanley's way of saying This ain't for the light hearted. Fidelity has launched a Bitcoin Data Analytics service. Sorry, not for you. It's only for institutional investors and fund managers. Why would Fidelity do that unless there were a lot of institutional investors and fund managers interested in data Analytics on Bitcoin?.

Michael Saylor Jim Cramer Mike Daffy Morgan Stanley Galaxy Digital Susie Orman $2 million Fidelity $100 million Goldman Sachs Mike Nova Gratz Tokyo Stock Exchange 40% David Solomon Black Rock 5% J. P. Morgan MicroStrategy Larry Think 1400 public companies
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"Which is normally up and running at this hour Right now in Tokyo, the Nikkei pushing up about 4/10 of 1%. Tokyo Stock Exchange is trading after a technical difficulty yesterday halted trading for the entire day. Right now in Sydney. A sex 200 down about 1%. Now to the developments of the Our House. Democrats have passed $2.2 Trillion Corona virus relief bill over GOP opposition. This legislation has no chance of moving forward, given the fact that the GOP controls the Senate. It's also opposed by the White House. However, we're told the talks between House Speaker Pelosi and Secretary of the Treasury Mnuchin are continuing. Secondarily, we have hope picks one of President Trump's closest aides testing positive for the virus that causes covert 19. And I'm looking at weakness right now, In the many futures contracts for the American market, all down roughly 3/10 of 1% across the board this after a day when the equity space in the U. S, pushed higher, particularly the NASDAQ, comp up 1.4%. Continued weakness in crude oil. The market was down in New York on concern of oversupply. We had W T dropping about 3.8% down another 1% Plus right now, 38 30 in the active contract, the dollar strengthening with the Bloomberg dollars spot index pushing up 1/10 of 1%, the end steady and the offshore Chinese yuan weaker seven spots 75 57 against the dollar. A lot of news. A lot of news. Let's get to Ed Baxter. He can help unpacked.

GOP Tokyo Stock Exchange Ed Baxter Our House Tokyo White House Nikkei Sydney Bloomberg Trump New York President Secretary Pelosi Senate
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"So through the day there were more talks on a stimulus package. We've got no breakthrough a short while ago. Senate Majority Leader McConnell said that if House Speaker Pelosi And Treasury Secretary Mnuchin were to come up with some type of deal. The Senate yet would take a look. But then a short while ago, Pelosi said she doesn't expect an agreement tonight. So we're still caught in this process right now. Very little action in terms of many futures for the American equity market this after an update for US stocks Principally in the NASDAQ market, where the composite Index was up 1.4% on the day the Dow on Lee picked up 1/10 of 1% on this the first day of the final quarter of 2020. In the broader market, we did have the S and P higher by about a half of 1%. Among the negatives mixed ICO data. First time jobless claims were down. Yes, but only marginally manufacturing expanded, but it was less than forecast. We've got more Corona virus cases now in New York state. And also some weakness in the oil market on concern about oversupply. A drop in W T. I have about 3.8% in the New York session. Right now we're trading 38 59. 10 year Treasury yielding 67 basis points. Now we're expecting trading in the Tokyo Stock Exchange today or on the exchange. This after trading was halted for the entire day Thursday because of some technical issues, and we will have market holidays in the South Korea, Hong Kong, Taiwan and on the mainland right now, the dollar a little firm after some weakness during the New York session. We do have the end Trading at 105 57 Chicago Nikkei futures about 200 points above where.

Senate New York Pelosi Tokyo Stock Exchange South Korea Hong Kong US McConnell Taiwan Chicago Mnuchin Lee
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:51 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"Have a big pair of this bill about testing tracing treatment. Mask wearing space sanitation. All of that. Is very specific in the language, and that's why it's not just the money. It's the languages well, to make sure this gets done because it is the way to crush the virus so that we can open our economy more broadly, and our schools. Both more safely. House Democrats are currently voting on their proposal. The packages worth $2.2 trillion policy, described it as a proffer in negotiations with the White House. The House itself is scheduled to leave Washington at the end of this week. The members will be on court to return should that be a stimulus vote. Well, Amazon says it's aware that almost 20,000 of its employees have tested positive for covert 19. The companies said in a block post that more than 19,000 individuals did test positive for the virus from the first of March. To September 19th. But it added this. It said that if its employees contracted the virus at a rate equal to that of the general population, well, then they would have had almost double the number of cases. Rival. It's in a big move bowing, saying it's transferring all 787 output to South Carolina. That's good. That news and more on that decision from Bloomberg, Charlie Boeing is Uprooting the 7 87 Dreamliner program from a storied manufacturing hub north of Seattle and shifting the work to a non union plant in South Carolina. Amidst slumping sales of wide body jetliners. Production of the Marquis twin aisle plane will be consolidated in North Charleston. In the middle of 2021 by the companies best estimate. The plane maker says it's assessing the potential impact on jobs of its factory complex in Everett, Washington, where it employs about 30,000 people, but also makes other widebody models. In New York. Charlie Politics Bloomberg Daybreak Asia. Auto sales are recovering from the slump that came from the pandemic companies including Fiat, Chrysler, General Motors, Honda Toyota, all reporting better than expected results for this past quarter. Nissan, however, is extending the slump further, its sales slid nearly 32%. Do a little more than 221,000 vehicles, and the company hasn't had a positive quarters since 2017 car sales have rebounded after touching a multi decade low back in April. Although customer demand is surging, Forecasters estimated sales were down 20% year to date. It's a gap that car manufacturers are unlikely to close. All right, let's have a closer look. ATT what's likely to happen now, as the Asian trading Day gets underway. That's going to be exact. Doug Prison and Doug certainly, and we're in anticipation of Tokyo opening after that outage yesterday on on top of that, of course, volumes like to be thin, Given the swathe of holidays in this part of the world, you're absolutely right. A rich South Korea, Hong KONG, Taiwan China will not trade today. And the Tokyo Stock Exchange will be up and running in about an hour and 25 minutes from now. Trading was halted yesterday for the entire day because of some technical of problems Thie exchange, saying it's going to replace hardware and restart the system. So things should be up and running at 9 A.m. local time here in the states. We had a higher equity market. That was kind of surprising because we were left on pins and needles as it comes when it came to Ah, additional economic stimulus. Still no deal. So nothing to report on that front. Although House Majority leader McConnell was saying a short while ago that if House Speaker Pelosi and Treasury Secretary Mnuchin are able to reach a deal, the Senate will take a look. 10 year Treasury last quoted in New York a field of 67 basis points. And when you look at the equity space, the Dow nudging up by about 1/10 of 1%. The big move was the NASDAQ Comp, Rising 1.4% in the broader market that we had the S and P 500 higher by a half of 1%. A lot of concern in the oil patch about oversupply. We had a drop in New York trading on W T. I 3.8% we settled. It 38 71 trading 38 57 right now in the Elektronik session. Now it's going to be very interesting because tomorrow in the States the last employment report before the November election Bloomberg survey looking for the addition of 875,000 nonfarm jobs and unemployment rate dipping down to about 8.2%, the dollar's right now, slightly stronger. We were in week in New York trading. If you look at the Bloomberg dollars spot, we were down about 2/10 of 1% the end right now, 105 56, so a little bit of weakness there. I'm Doug prisoner at the Bloomberg Interactive broker studio in New York was shot right with Hong Kong chief executive carried on has promised to take back control of the streets and She has. And Baxter. Yeah, she thinks so For sure. Russia 70 or ask, ever take protest in the Hong Kong for National Day Clam had promised the day of security and police in riot gear flooded the streets, checking IDs and backpacks. Lam saying Bringing back peace to the streets of Hong Kong is her first priority. Pelosi Mnuchin phone calls have been reporting is not yielded any relief on the stimulus bill Clarifications but no key consensus. Now this is New Jersey Governor Phil Murphy on Bloomberg balance of Powers urgently calling for some state aid. We need a deal waited deal before January, and that has to include state. Stating, obviously extending unemployment helped for small businesses. But we need a big jolt of state aid. And he says both Pelosi Mnuchin are both bright and Khun get it done. But as.

Bloomberg New York Hong KONG Pelosi Doug Prison South Carolina Charlie Boeing White House Tokyo Stock Exchange Amazon Nissan Bloomberg Interactive Everett New Jersey North Charleston Washington South Korea Tokyo
"tokyo stock exchange" Discussed on 860AM The Answer

860AM The Answer

01:36 min | 1 year ago

"tokyo stock exchange" Discussed on 860AM The Answer

"Is being blamed on the network problem, according to the operator of the Tokyo Stock Exchange. Indicate to 25 is the third largest exchange in the world, smaller only the New York and Shanghai buying and selling in thousands of companies. Shares were suspended just before trade was due to open this morning as key economic data was being published from Japan Central Bank that showed dismal confidence amongst Japanese manufacturers. Tokyo market will now stay shot for the rest of the day and what is being described as the worst technical outage in its history to BBC Suraj it Layla Hong Kong police out in force on China's National Day holiday detaining and searching people in the streets in a popular shopping district after calls were made online urging antigovernment protests. Townhall dot com. Stuck in traffic. We've got the answer. This report is sponsored by Wendy's new accident in Hayward, North 80. After tennis in two vehicles in the left lane traffic just starting to back up C H P has arrived South and Lane's heavy from a street down towards Whipple. Hey, Bridge Toll Plaza metering lights are on. It's still backed up to about 80 over crossing sluggish on the upper deck from before the center Anchorage out to around Fremont Street, West 5 80 out of Richmond. Heavy from Castro to mid span on Richmond San Rafael Bridge Westbound Highway for a little slow leaving Pittsburgh from just after railroad continuing to just past Willow Pass Road and North 11 San Jose Heavy from the 2 86 80 interchange to Oakland Road. That's traffic. I'm Paul that Wendy's has a breakfast we're.

Wendy Richmond San Rafael Bridge Tokyo Stock Exchange San Jose Heavy Bridge Toll Plaza Japan Central Bank Tokyo Layla Hong Kong New York Richmond Shanghai Castro China Pittsburgh tennis Whipple Hayward BBC
The Tokyo Stock Exchange says it will resume normal trading Friday after an all-day outage due to a technical failure

Mike Gallagher

00:44 sec | 1 year ago

The Tokyo Stock Exchange says it will resume normal trading Friday after an all-day outage due to a technical failure

"Tokyo Stock Exchange officials hope to get trading back to normal by tomorrow after a tactical glitch brought business to a halt earlier today

Tokyo Stock Exchange
"tokyo stock exchange" Discussed on 600 WREC

600 WREC

02:01 min | 1 year ago

"tokyo stock exchange" Discussed on 600 WREC

"There are a lot of interruptions by both candidates but farm or from President Trump during Tuesday night's debate, But the people in charge want the audience to be actually hearing Maur. What the president and Joe Biden have to say. Next time the commission on Presidential Debates says there will be some changes ahead. As we prepare for the next two presidential debates. They want to see fewer interruptions and more controlled environment. Here is the statement that they put About last night's debate made clear that additional structure should be added in the format of the remaining debates to assure a more orderly discussion of the issues. The CPD will be carefully considering the changes that it will adopt and will announce those measures shortly. The next big debate will be the vice presidential matchup next week in Utah Boxes Douglas later beating a midnight deadline to avoid a partial government shutdown. The A's are 80 for the nays are 10. The bill has passed the Senate passes a spending bill to fund the federal government at current levels of December 11th. It's been signed by President Trump. There's cautious optimism on Capitol Hill over a potential deal on Corona virus relief, Treasury Secretary Steven Mnuchin told the Fox Business Network the White House's open the more than trillion dollars in aid, the speaker has come down from her $3.4 trillion deal. If there is a fair compromise were prepared to do it. House Speaker Nancy Pelosi delayed a plan vote last night on a $2.2 trillion package to allow another day of talks. Negotiators remain far apart on liability protections for businesses and aid for state and local governments. Rachel Sutherland Foxes in Japan. Trading on the Tokyo Stock Exchange is shut down because of what's being called the computer hardware and systems malfunction and backups failing to kick in. President. The exchanges assist a restart should allow trading to resume tomorrow. But the doing at midday would've caused confusion. America's listing to Fox News Good morning 703 At Alabama's Morning News with J T I'm Leah Brandon, Alabama will appeal a ruling.

President Trump president Joe Biden Alabama Senate Rachel Sutherland Fox News Tokyo Stock Exchange Nancy Pelosi Utah Leah Brandon White House Japan Steven Mnuchin Fox Douglas America
"tokyo stock exchange" Discussed on KSFO-AM

KSFO-AM

05:54 min | 1 year ago

"tokyo stock exchange" Discussed on KSFO-AM

"Good Thursday morning, America's first news continues. It's the first day of October. They offend markets this morning shares mostly higher in Europe and Asia, trading on the Tokyo Stock Exchange, suspended for the day more on that, in a moment benchmarks Rising in London, Paris and Sidney here at home Well, everything is dependent on what lawmakers do see if they can do their jobs today, investors turning their attention to job numbers out as well and watching to see what Congress will do. Let's bring in our regular guest. Chris Per se, is the chief investment officer at dramatic. A research worry distills the everyday noise around us. In the clear investment ideas and indices and co authors. The daily Markets note for the NASDAQ and Co. Manages several portfolios for the street. Christmas Ace. You are a busy guy. How I'm not as busy as you met Ray. You get up. That's like the crack of dawn. And even before that every day to do to knock it out of the park on this show here, listen, Yeah. About nine o'clock at night the night before, But, yeah. All right. Let's talk about these airline Laida. I appreciate that. Let's talk about these airline layoffs. Chris will we see them? What is happening in Washington today? We know ah, between American and united. They say they'll furlough at least 32,000 between them. And that deadline from the previous stimulus package. It runs out today. What have you heard any of you seen? I'm kind of under sidelines. Just like you are the one that you know we're we're waiting to hear. You know, In the last 24 hours, American united. They announced that they're going to move forward. You know, American particulars furlough something like 19,000 workers today. But you know they are, I guess, hopeful that something will be coming out of Washington were all saying that they plan to reverse course quote should a deal. ERM or be reached What they go well, we'll wait and see. Yeah, Mnuchin said yesterday. The Treasury secretary, He did not see a stand alone. We know the Senate. Ah, and Democrats and White House still remain far apart, even though the White House and Democrats appear closer s. Oh, there's that third Entity there where the Senate says We don't want to spend more than a trillion Yes, Fairly. Last night, President Trump floated a proposal for around $1.5 billion a $1.5 trillion, I believe. So we'll say, I mean, you know, after the market's trading higher today, both in Europe and in the U. S. Why it appears that we might be getting close to some stimulus deal. You know, Devil will be in the details the size scope the speed. Last. Whether it's you know, really, What we need is a piecemeal. Is it fully encompassing mean the next I know a couple of days will really tell us what's going on. But remember, we got a lot of economic data coming as well. You know, today we got the general the September job cuts report that inched up from August. Mara will get the official employment report. We're gonna get a load of manufacturing and services data. Well, so busy busy two days. And I imagine. Yeah, I imagine lawmakers are keeping an eye on that as well as they negotiate. Well, lot lawmakers, political campaign People know, you know. Everybody's watching it from here on out the next 30 days. So we're going to be you know, I don't say this very intense. And unfortunately as it looks like, we're gonna have a contested election. It probably means the next 45 to 50 days will be in hell. Well did the market react to the debate, Chris? I have to be honest with you. I was a little surprised by the reaction. But I think what would overtook things Because that that was me. That was just a just a mess. Um, I think what we saw was improving Economic data out of jug China yesterday, then the move for Can you talk? Remember Pelosi? Cancel both. She and mission are going to continue to talk. Trump came in. You know, All of that, I think is pushing the market higher Might, Mister is that whatever deal comes It may not be exactly what the market is looking for, You know, Typically, when that happens, the mark gets a sour taste. Attend trade off, so you know once again Details will matter. Chris the you taking legal action against the UK as it tries to get rid of parts of that binding divorce deal that they signed. When we first discussed Brexit, remember, it was all the doom and gloom about everybody leaving London and the markets And now we're starting to actually see banks move people on assets. As this date gets closer and closer. Some are still taking a wait and see approach. What is this? What is this lawsuit and this threat toe? Possibly pull out of this agreement mean Good for the banks and the finance industry there. So they think of it this way, right? So This could put the UK before the European Court of Justice, right and they have about a month to decide what they're gonna do. The U. K. Think about that timing. What else happens in about president presidential election, So this is going to be a barn burner of intensity. I'm just going back to my comments earlier, but I mean again what our company's doing. I think that they're going to continue to shift their assets. They see a firmer and firmer deadline on this. And much like our comments earlier about, you know, American and united. They're going to plan it's going to happen, and perhaps they will dial back some if it's a little smoother than expected..

Chris Per se President Trump Europe UK London Senate NASDAQ Tokyo Stock Exchange chief investment officer America Washington Co European Court of Justice Ray Congress White House
The Tokyo Stock Exchange says it will resume normal trading Friday after an all-day outage due to a technical failure

WBZ Morning News

00:12 sec | 1 year ago

The Tokyo Stock Exchange says it will resume normal trading Friday after an all-day outage due to a technical failure

"But the Tokyo Stock Exchange stops all of its trading day. Hailed by a system problem. The market in Japan expects to be back online for trading tomorrow. Time runs out for tens of thousands of US

Tokyo Stock Exchange United States Japan
"tokyo stock exchange" Discussed on 860AM The Answer

860AM The Answer

02:01 min | 1 year ago

"tokyo stock exchange" Discussed on 860AM The Answer

"Details on example. Policy. It's liquid dot com slash commercials monthly premiums very based on health company, another fact is not available in all states. You leaders will meet in Brussels for talks on possible sanctions against Belarus for the chaotic aftermath of its August 9th election. There is widespread appetite for sanctions against Alexander Lukashenko's regime. But there's a problem to one of the smallest member states. Cyprus once more to be done about its dispute with Turkey over gas drilling. In the waters of the eastern Mediterranean. It's holding up agreement on Belarus until it's promised more support. That in turn is difficult because the you relies on the Turkish government to help hold back immigration into Europe from the Middle East. The turkey dinner at which leaders will seek to strike balances threatens to be a lengthy one. The BBC's Kevin Connolly Unemployment rose for 1/5 straight month in Europe in August amid concern that extensive government support programs will not be able to keep any businesses afloat forever. News and analysis townhall dot com Senator Rick Scott of Florida argues for moving the 2020 Olympics from China. Senator Scott says China's record on human rights is abysmal. The Communist Party of China is committing a genocide. Against the weaker people. Just one reason, he says, is that it should pass a resolution calling on the IOC to strip the games from China until Beijing improves its record. Moving the Olympic Games out of communist China doesn't hurt athletes. It keeps them safe from communist China's aggression. Scott's ever blocked by New Jersey Democrat Bob Menendez, who says the issue needs further review in the Senate Committee on Foreign Relations by reporting trading has been suspended on the Tokyo Stock Exchange because of a problem in the system for relaying market information. Most other Asian markets are closed for national holidays. The Tokyo Exchange says trading will not resume for the rest of the day. And at this point It's not clear exactly when.

China Senator Scott Communist Party of China Belarus Tokyo Stock Exchange Europe Alexander Lukashenko Bob Menendez Senator Turkey Cyprus Turkish government Middle East Brussels BBC Kevin Connolly Senate Committee Beijing
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:51 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"30 on Wall Street. Good morning. I'm Nathan Hager. And I'm Karyn Moscow, and we're just about three hours away from the opening of us trading. Let's get you up to date on the news. You need to know what this. Our stocks are rising to kick off the fourth quarter and his prospects for a fresh stimulus bill come into focus. Nancy Pelosi and Steven Mnuchin say they're making progress on a compromise measure. The House speaker and Treasury secretary continue negotiations today. Get the very latest from Bloomberg's Laura Davidson in Washington. There's something that really hot button issues, particularly aid for state and local governments that the Democrats really want and Republicans don't like and you know, we'll see if they can get something in the next 24. Hours after that, the window for getting a deal before the election really starts to close. In other news out of Washington, President Trump signed a stopgap spending bill this morning that will avert a shutdown and keep the government operating through December. 11th were saying more job cuts across the country. American A United Airlines start laying off thousands of workers over the next few days. Both promised to reverse the furloughs at the government agrees to come through with additional payroll aid in the next few days. Goldman Sachs is resuming job cuts as well. Bloomberg News has learned. The firm plans to eliminate roughly 400 positions were also seeing cuts at all state. Our insurer is shedding 3800 jobs. The layoffs come as investors await another reading on the labor market. Economist forecast 850,000 people filed for initial jobless claims last week and hear with more Bloomberg's Vinny del Jude eyes Bloomberg economics is jobless claims remain stubbornly high and will probably remain so in the prior week. They totaled 870,000 bloated by pandemic related job cuts. It has been some progress, of course, with claims moving lower since hitting a record 6.9 million in late March. The government issues its monthly employment report Friday. Vinny Del True dice Bloomberg Daybreak, Vinnie, Thank you. And in Asia overnight, the Tokyo Stock Exchange halted trading for the entire day because of a hardware breakdown. But just in the Tokyo Stock Exchange is confirming it will resume trading tomorrow. And futures this morning are moving higher with us and the future's up. 29 points down futures up 216 and NASDAQ futures jumping up 1.3% or 149 points. The DAX in Germany. It's been jumping around a bit. It's higher again. Up about 1/10 of a percent 10 year Treasury down 5 30 seconds He'll 300.70% and they yield on the two year 20.12%. Nynex, Kurt Oil moving lower down 9/10 for center 38 cents. It's a $39.85 a barrel and Comex gold is on the rise of about a third of a percent of $6.50 at $1902 announced the euro 1.1743 against the dollar and again 105.59 straight ahead the latest world end in national news. And this is Bloomberg..

Bloomberg Bloomberg News Washington Tokyo Stock Exchange Nathan Hager Karyn Moscow Vinny del Jude Goldman Sachs Vinny Del Nancy Pelosi President Trump Germany United Airlines Laura Davidson Asia Steven Mnuchin Nynex
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:39 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"Start laying off thousands of employees as originally scheduled. American is furloughing 19,000 while united about 13,000. But both airlines vowed to reverse the furloughs if the government agrees to provide additional aid in the next few days. These layoffs add two job losses that already totaled 150,000 at the nation's four largest carriers, based on employees who have left voluntarily or taken temporary leave. Airlines have already reduced executive pay paired schedules and grounded planes as domestic demand languishes at about 30% of year ago levels. Tom Busby Bloomberg Daybreak. All right, Tom. Thank you. Meantime, job cuts are continuing in the financial industry. Goldman Sachs is the latest and here with Morris Bloomberg's Charlie Pellet. A source tells Bloomberg. The firm is embarking on a plan to eliminated about 1% of its workforce, or roughly 400 positions. The move comes even as the firm's core trading and deal making businesses are booming. Persistent outbreaks in the US are forcing the nation's biggest banks to reexamine plans toe wait out the turmoil as initially hoped. Wells Fargo in Citigroup were among the first to restart cuts after their stock prices slumped and as they face the prospect of souring loans, Charlie Pellets Bloomberg Daybreak. All right, Charlie, thank you and join us for more and how banks are weathering the pandemic later today when we speak with Bank of America CEO Brian Moynahan catch that conversation at three PM Wall Street time on Bloomberg radio and television. I also have job cuts from all state. The car insurers shutting 3800 positions, joining American United, Goldman and Disney and cutting costs. It all comes ahead of the latest read on jobless claims due out this morning, and we get more from Bloomberg Economics correspondent Michael Maquis were still following jobless claims even though more and more questions are being asked about how accurate the numbers are. Backlogs, fraud and double county have distorted the exact level of claims, which to an extent, limits their value as a signal of labor market health. A total dumber, however, remains historically high and layoff announcements are mounting as companies continue to close. Continuing claims. Also stubbornly high will likely start to fall at a quicker pace. But that's a sign MOHR unemployed Americans have exhausted their 26 weeks of benefits rather than an indication of recovery in the labor market. Michael Mikey Bloomberg Daybreak. Michael Thank you, US features and stocks in Europe are gaining medically. He's in Asia were uneven overnight after the Tokyo Stock Exchange halted trading to the entire day. For more on that and the rest of the price action. We're joined by Bloomberg's Julius Sally in Singapore. Good Morning, Juliet. Good morning, Karen. Ah, Hardware problem forced Japan exchanged a whole trade in Tokyo. The system breakdown froze, buying and selling in thousands of companies in the worst ever outage for the world's third largest force, the exchanges, replacing hardware and working to restore it systems for tomorrow. Elsewhere, mining stocks lifted the 6 200 by 1% and banks lifted Singapore's market By 1.3% Malaysia stock market fell by half a percent while they were gains in Thailand, Indonesia and New Zealand in Singapore. Juliet Solly Bloomberg Daybreak. Thanks Juliet Back here in the U. S. The Federal Reserve's extended its limits on bank dividend payments and buying backs. Those caps now will be left until the end of the year. The Fed blames economic uncertainty from the pandemic. Plus it says banks need to preserve capital. JP Morgan had already indicated it wanted to resume share buybacks. And we're watching this cross. The Bloomberg Pepsico reporting third quarter core profit that bait analyst estimates and it said Cor profit for the year could as well. It shares her up 1.9% in early trading straight ahead, the latest world of national news. This is Bloomberg. Experience 607 on Wall Street and.

Bloomberg Morris Bloomberg Michael Mikey Bloomberg Juliet Solly Bloomberg Charlie Pellets Bloomberg Bloomberg Economics Singapore US Tom Busby JP Morgan Goldman Sachs Tokyo Stock Exchange executive Juliet Back Juliet Wells Fargo Charlie Michael Maquis Brian Moynahan
"tokyo stock exchange" Discussed on KQED Radio

KQED Radio

05:33 min | 1 year ago

"tokyo stock exchange" Discussed on KQED Radio

"Three o'clock Good morning. It has happened reliably. Since 17 97, an outgoing president, peacefully transfers power. Donald Trump is hinting he will not if he deems the election unfair what would happen then It's morning edition from NPR News. One way the narrative of an unfair election could be pushed is through conspiracy theories. I'm Rachel Martin David Green. Social Media companies don't want their platforms used to undermine the democratic process. So what's their plan? When you think of US Navy super carriers you might think of presidents names USS John F. Kennedy USS Reagan Lincoln will. Now the Navy is charting a new course, naming one after a black sailor hero from Pearl Harbor to hear his story It is Thursday. October 1st actress Julie Andrews turns 85. The news is next. Live from NPR News on Corvin Coleman. President Trump has signed a spending bill it avoids a partial federal government shutdown. Congress's new deadline is December 11th, American and United Airlines say together they'll furlough more than 30,000 staffers starting today. NPR's John Step in reports Federal Corona virus relief aid to the airlines has expired. The airline industry says it needs $25 billion to keep going. The money is held up until the latest covert stimulus package passes, but Democrats and Republicans are far apart. The White House proposes total spending of $1.5 trillion, but the Democrats want more than two trillion Money would fund more than just airlines, though it would also go to hotels and schools, for example. The White House chief of staff, Mark Meadows, told reporters aboard Air Force One overnight, the White House might consider increasing its offer but not two levels demanded by Democrats. John Stemple. NPR news President. Trump joined supporters last night in Duluth, Minnesota. He is happy with his debate performance Tuesday evening, despite condemnation for his failure at the time to condemn white supremacists did what the corrupt media has refused to Dio Hell, Joe Biden accountable for his 47 years of live 47 years of trails on 47 years of failure? Hell, Joe accountable for shipping your jobs and dreams abroad. Been bite and campaigning by train in Latrobe, Pennsylvania, rejected Trump as out of touch with working Americans. Don't with guys like Trump my whole life. Guys who might let you park the cars at the country Club. Pick up a few bucks. But even if he had the money would let you join that country called Because your religion or because of your background Guys who stiffed contractors. Building our hotels and their golf courses. Just to put a few more bucks in the pocket. Seam takes him join both bite and Trump will continue campaigning today online and in person. A new study finds the United States needs to conduct farm or Corona virus tests every day to control the Corona virus pandemic. NPR's Rob Stein reports on the study prepared for NPR by researchers at Harvard and Brown University's The researchers analyzed how much daily testing the U. S. Needs to use the new test to regularly screen people like nursing home residents and staff first responders teachers at a bare minimum, the analysis concludes. The US needs at least four million tests every day, just to be able to regularly test the highest priority people. But ideally, US need to be doing far more testing more than 14 million test today to expand testing more people like students, food workers in store employees. So far the U. S has never managed to do more than about a million tests today. Rob Stein. NPR NEWS You're listening to NPR news. The operator of the Tokyo Stock Exchange, says Ah, hardware glitch forced stock trading to come to a halt today, NPR's Anthony Koon reports from soul that it is the worst such failure since computerized trading started on the Tokyo Boars in 1999. The Japan Exchange Group said that equipment that sends out stock prices another trading data failed and backup systems failed to take over. They added that there was no indication of a cyber attack. Regional exchanges in Sapporo, Nagoya and Fukuoka, which used the Tokyo boards were also forced to halt trading the country's second largest exchange in Osaka, which does not use Tokyo system continued trading. Tokyo Exchange is the world's third largest by capitalization in some 3700 companies are listed on the operators say they're aiming to resume trading on Friday. Anthony Kun NPR NEWS soul, Some Wild Fires continue to burn out of control in Northern California fire officials now say 1/4 person has died in the SOG fire. That has scored more than 85 Square miles since it broke out Sunday. It's also not far from the August complex fire that his bird nearly 1500 square Miles and is about half contained. Thousands of people have been evacuated. The fires are driven by unusually hot conditions. The National Weather Service says. Hot temperatures, low humidity and gusty winds throughout California may worsen conditions for firefighters, especially today, there are excessive heat advisories and warnings posted from San Diego north to San Francisco. Some areas.

President Trump NPR NPR News United States Tokyo Stock Exchange United Airlines Anthony Kun NPR Rob Stein president Navy USS John F. Kennedy USS Reagan White House Rachel Martin David Green Julie Andrews Joe Biden Tokyo country Club Congress
Tokyo Stock Exchange Glitch Brings Trading to a Halt

Morning Edition

00:47 sec | 1 year ago

Tokyo Stock Exchange Glitch Brings Trading to a Halt

"The operator of the Tokyo Stock Exchange, says Ah, hardware glitch forced stock trading to come to a halt today, NPR's Anthony Koon reports from soul that it is the worst such failure since computerized trading started on the Tokyo Boars in 1999. The Japan Exchange Group said that equipment that sends out stock prices another trading data failed and backup systems failed to take over. They added that there was no indication of a cyber attack. Regional exchanges in Sapporo, Nagoya and Fukuoka, which used the Tokyo boards were also forced to halt trading the country's second largest exchange in Osaka, which does not use Tokyo system continued trading. Tokyo Exchange is the world's third largest by capitalization in some 3700 companies are listed on the operators say they're aiming to resume trading on Friday.

Tokyo Stock Exchange Tokyo Japan Exchange Group Anthony Koon Sapporo Osaka NPR Fukuoka Nagoya
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:56 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"It's 5 30 on Wall Street. Good morning. I'm Nathan Hager and I'm carrying most down when 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 what this. Our stocks are rising to kick off the fourth quarter and his prospects for a fresh stimulus bill come into focus. Nancy Pelosi and Steven Mnuchin say they're making progress on a compromise measure. The House speaker and Treasury secretary continue negotiations today and we get the very latest from Bloomberg's Laura Davidson in Washington. There's something that I really still hot button issues, particularly aid for state and local governments from the Democrats really want and Republicans don't like and you know we'll see if they can get something in the next 24. Hours after that, the window for getting a deal before the election really start to close. In other news out of Washington, President Trump signed a stopgap spending bill this morning that will avert a shutdown and keep the government operating through December. 11th. We're seeing more job cuts across the country, American and United Airlines start laying off thousands of workers over the next few days. Both promised to reverse the furloughs If the government agrees, agrees it comes through with an additional payroll aid for the next few days. Goldman Sachs is resuming job cuts as well. Bloomberg News has learned that for implants to eliminate roughly 400 positions were also seeing cuts at all state. Car insurer is shutting 3800 positions. The layoffs come as investors await another reading of the labor market, Economists forecast 850,000 people filed for initial jobless claims last week here with Morris Blueberries Vinny Del Jude eyes Bloomberg Economics is jobless claims remain stubbornly high and will probably remain so in the prior week. They totaled 870,000 bloated by pandemic related job cuts. It has been some progress, of course, with claims moving lower since hitting a record 6.9 million in late March. The government issues its monthly employment report Friday. Vinny Del True dice Bloomberg Daybreak. Right, Vinnie Thank you and in Asia over at the Tokyo Stock Exchange halted trading for the entire day because of a hardware breakdown. The operator of the exchange says it plans to resume normal trading tomorrow. Futures this morning or higher S and P futures up. 26 points down Futures have 209 NASDAQ Futures of 109 are about 1% 10. Year Treasury Down 3 30 seconds. The yield 300.69% they yield on the two year 20.12% 9. Next heard oil moving, lower down 6/10 percent, or 26. Cents a $39. 97 cents a barrel and Comex school this higher of a quarter percent, or $4.50 at $1900 announced and the euro at 1.17 to 9 against the dollar, the British found 1.2832 and the unison 105.60 the decks in Germany higher up 2/10 of a percent, the CAC in Paris of 7/10 percent. Footsy 100 up 1% straight ahead, the latest world and in national news, and this is Bloomberg. Thank you. Karen 5 33 on Wall Street for more on what's going on around the world we bring in Bloomberg's Michael.

Bloomberg Bloomberg News Bloomberg Economics Washington Tokyo Stock Exchange Nathan Hager Goldman Sachs Vinny Del Comex US Nancy Pelosi Vinny Del Jude President Trump United Airlines Laura Davidson Footsy Germany Karen
"tokyo stock exchange" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:38 min | 1 year ago

"tokyo stock exchange" Discussed on WNYC 93.9 FM

"Middle and high school students in New York City's public schools were turned to in class learning today for the first time since mid March there the final group of students to be phased back into the school systems in person instruction. Officials estimate 10 to 20% of students and staff, and each building will be tested for the Corona virus each month. New York City is the nation's largest public school system. The New York Times says it's reviewing its award winning podcast the caliphate after questions were raised about the credibility of a chief subject as NPR's David Folkenflik reports, Canadian authorities have charged the man with the terrorism hoax. Police charge Shiro's Chowdhry, a 25 year old man from Ontario, Canada. He told New York Times reporter Rukmini Callimachi that he had been a witness to atrocities in Syria and became an executioner for Isis. For serious one of Peabody Award last year, and her reporting was a finalist for the Pulitzer in Canada. The first of Callum AKI is podcast set off a firestorm, with political figures asking why Chowdhury was walking around free. And he had said conflicting things to Canadian outlets. Last week, the Royal Canadian Mounted Police said he had lied The Times initially sought to deflect criticism and noted the sixth episode of the Podcast explored challenges to his credibility. On Wednesday, the paper said it would look harder at the claims it publicized and at its own reporting. Dave Folkenflik. NPR NEWS Wall Street is coming off a day of sharp gains, the Dow added. 329 points yesterday or more than 1%. There was no trading today on the Tokyo Stock Exchange because of a computer system malfunction. I'm Dave Mattingly in Washington..

The New York Times New York City Chowdhury Royal Canadian Mounted Police Canada Peabody Award Rukmini Callimachi Dave Mattingly Callum AKI Tokyo Stock Exchange NPR Dave Folkenflik David Folkenflik Shiro reporter Washington
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:59 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"Look for that We miss Bloomberg. The world is listening. He tells what kind of hardware issue it is, but it must be extremely significant for them to call off trading for the entire day, something they've never done before. Here. The thing is, you know they've shut trading for the whole day. But it's probably a so we were discussing earlier. Perhaps not such a bad thing to happen on a day when we've got many, many markets close across this part of the world and That's the downside of perhaps the thing which is most. There's no reaction, of course, Equity wise with regards to what we had with the tank and sentiment survey. Yeah, I suppose you could say that if it had to happen. Ah, sometime today was not a terrible day for it to happen given that you know much of Asia is off. You know, So much of trading on the team is made up of foreign investors at the same time. You know, we shouldn't underestimate the significance off this. There's going to be ah lot of repercussions for this the previous worst outage that they had within 2005 that was long before and a half hours they were able to get up at about 1 30 PM Tokyo time on. Even so, the president of the Tokyo Stock Exchange at the time, eventually hot toe resigned Step down a zoo result of that government is already criticizing. The this issue, saying that you know, trading opportunities should not be denied on. This also comes the time when the government is trying to pitch Japan once again, you know, financial hub on alternative to Hong Kong, you know, given the given the issues that are going on there, so it's you know, it's not the worst possible day but could happen. You know you wouldn't want it to happen the day of the US election, I suppose. But it's also it's not But the question really is how do you prevent such incidents from happening again? There's a good question, and this is something that has dealt with over the years. They do have an issue or, you know history off these glitches. There were several significant ones, including the one I just mentioned. In the mid to thousands. They upgraded to a new system made by Fujitsu. Cole are far ahead in 2010, but didn't seem to get rid of many of the issues that hasn't been. Let's say in the last decade has been a significant Holtz. I was one in 2012 another one in 2018. But they were they were much more minor compared TTO compared to this one. This is going to send the Japan Exchange. I think back to but to the drawing board because they cannot have repeats of this, especially if you know the next one was to happen on more closely watched trading day. Our thanks to love for that God ready? They're in Tokyo. Let's move along. Have a look at some of these first word headlines as we get over to Karina Mitchell..

Tokyo Stock Exchange Tokyo Bloomberg Karina Mitchell Japan Exchange Japan Asia Fujitsu Hong Kong US president Holtz Cole
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:25 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"Also representative more than 24% bump compared to August of last year. Chief economist Lawrence Yun credited low mortgage rates for the wise, impending home sends. I'm Brian shook And I met about rulers in Hong Kong. Here. This hour's top business stories and the markets we begin in Japan were trading on the Tokyo Stock Exchange is halted a network problem is to blame. There is no indication of hacking. Glitch appears to be the biggest in over a decade and we don't know as yet when the system will be restored. Staying in Japan, sentiment among its largest manufacturers has picked up The latest tankan survey showed across the board improvement. Still, the Games did fall short of what economists had been expecting. At small businesses. For instance, the mood Bailey lifted to South Korea. Exports rose in September. The game was nearly 8% compared to last year, and it's the first since the start of the pandemic. Numbers were held by extra working days and a pickup in global commerce. South Korean trade data remember is saying as a barometer of the global economy. President Trump has China's rare earth minerals in sight. He signed an executive order aimed at expanding domestic production last year. The U. S important 80% of its race goes from China. The order declares a national emergency in America's mining industry, and Hong Kong is bracing for another tense national day. This is the holiday mocking the establishment of the People's Republic of China. Authorities are warning any anti Beijing protests will not be tolerated. Roughly 6000 right. Police are expected to be out in force. Some activists have urged supporters in online forms to take to the streets anyway. I turned to the markets now It is a very slow start to the trading he in Asia. It is the first day of the new quarter, of course about most markets. Our flying, including Japan, as I mentioned at the top Hong Kong, mainland, China, Korea, Taiwan offline as well. Astray is late in games up 1.6%. We are saying strengthening in the show you want and the Aussie dollar Global news 24 hours a day on and on Bloomberg. Quick, Take pat more than 2700, journalists and analysts in more than 120 countries. I meant about rulers. This is Bloomberg. You're listening to Bloomberg Law with Joon Grosso from Bloomberg Radio Supreme Court has put a clash over undocumented immigrants and the census on a fast track grant your request by President Trump to expedite handling of his appeal. Trump is trying to exclude undocumented immigrants from the 2020 census count, and a three judge federal panel ruled that Congress didn't give the president the authority to do that. Joining me is Leon Fresco apart it Holland and Knight. Trump has asked the Supreme Court to let the president exclude undocumented immigrants from the census count. Now most people thinking about this will say, what wasn't this settled by the Supreme Court when the court ruled that the administration couldn't at a citizenship question to the senses? Well, that was a different case in citizenship question was divided on a procedural issue rather than the substantive decision of whether you could ask about citizenship and defensive. It was decided on the fact that the bargain of Commerce defensive Bureau will follow the correct for a feeder, then ordered to add that voice and so late in the process about citizenship and that the reason that the government day for riding that citizenship question work pretextual. Because there have been some comments on the record about wanting to live there for purposes of trying to this count noncitizen people from the same thing. And so one could say, Well, maybe that it covered that. But it doesn't exactly cover it because the issue was divided. Could you count now? Citizen People in defence of there was just provided that the reason that we're given we supposedly about voting right pectoral in light of the comments that have been given about noncitizen a tree So what court decision is Trump appealing from here, so he's appealing from a three judge panel in the New York area started as a case in the federal District Court in New York. But what happens is under the Constitution affords segment cases under the sense Actually, our three done plan..

Bloomberg Radio Supreme Court President Trump China Bloomberg Trump Bailey president Hong Kong Japan federal District Court Lawrence Yun Tokyo Stock Exchange People's Republic of China Chief economist representative South Korea Commerce defensive Bureau Beijing
Tokyo stock exchange halts trading for entire day in worst-ever outage

Bloomberg Law

00:28 sec | 1 year ago

Tokyo stock exchange halts trading for entire day in worst-ever outage

"On the Tokyo Stock Exchange is halted a network problem is to blame. There is no indication of hacking. Glitch appears to be the biggest in over a decade and we don't know as yet when the system will be restored. Staying in Japan, sentiment among its largest manufacturers has picked up The latest tankan survey showed across the board improvement. Still, the Games did fall short of what economists had been expecting. At small businesses. For instance, the mood Bailey lifted to South Korea.

Tokyo Stock Exchange South Korea Bailey Japan
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:08 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"The limited edition shoes are already re selling them for up to $850. Hi, I'm Brian showed, and I met about rollers in Hong Kong here. This hour's top business stories and the markets we begin in Japan, where the Tokyo Stock Exchange is halted. A network problem is to blame. There is no indication of hacking here of the glitch appears to be the biggest in over a decade. We don't know as yet when the system will be restored. Staying in Japan, sentiment among its largest manufacturers has picked up the latest tank, and so they showed across the broad improvement. Still, the Games did full short of what economists had been expecting. At small businesses. For instance, this is where most Japanese are employed. The mood barely lifted to South Korea and exports rose in September. The nearly 8% gain on the year was the first since the start of the pandemic, extra working days and a pickup and global commerce helped the numbers. South Korean traded, of course, is seen as a barometer of the global economy. But of course, we are still saying these job losses from the pandemic continue to Mount United Airlines in the U. S is the latest that Carrie is going to be laying off 13,000 people. Americans already announced plans to follow 19,000 car INSURE All state and Walt Disney also announced plans to cut stuff in the last day turning to markets Now it is a very slow start to the trading session. This is the first day off the fourth quarter here. But really most markets offline, including Japan, as I mentioned Hong Kong, mainland, China, Korea and Taiwan. What is late in games is Australia up 1.6% right now in the ethics space, we also have the Aussie dollar and the offshore yuan slightly high against the grain back in the commodity space, Seeing slight gains in gold, but mostly sitting flat in brain crude and W T I. I also just trading slightly to the downside. Local news 24 hours a day on it and on Bloomberg quick take power by more than 2700, journalists and analysts in more than 120 countries. A man about rulers in Hong Kong. This is Bloomberg. Third law,.

Hong Kong Japan South Korea Bloomberg Tokyo Stock Exchange Walt Disney Brian Taiwan Mount United Airlines Australia Carrie
"tokyo stock exchange" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 1 year ago

"tokyo stock exchange" Discussed on Bloomberg Radio New York

"The Bloomberg Business APP on Bloomberg Quick Take. He's a Bloomberg business Flash. So the futures that traded in Chicago for the Nikkei 2 25 looks like they wound up in around 23,003 10. That would been have been a little bit more than 100 points above where we were in the cash market in Tokyo. Yesterday, I saw the Nikkei, attempting to open here and begin trading in 1 23,084. But the Tokyo Stock Exchange has stopped trading all stocks is the result of a problem in the distribution of market information. So we're kind of stuck in the water as it were, for the moment, no trading in South Korea, Hong Kong, Taiwan or on mainland China. Today we do have Sydney trading in the ASX is up and running. To the tune of a gain of about 8/10 of 1% big question looming for the US will we get additional fiscal stimulus right now We're told that Treasury Secretary Mnuchin and House Speaker Pelosi are negotiating this evening. We heard earlier tonight Fromthe CEO of American Airlines, the carrier will begin laying off 19,000 people as of tomorrow. And I guess the caveat here is that Those job cuts will go forward if there is no longer any government support, bear in mind that a number of the American airlines and I'm using that to talk about the American domestic industry. I have bring receiving of support through the care, Zack and in some cases, direct loans from the US Treasury 10 year right now is yielding 80 checked at 68 basis points and we have tonight in the U. S. President Trump signing an executive order declaring a national emergency and US mining industry. He is aiming to expand domestic production ofthe rare earth minerals. This would be of great import to the manufacturing economy. The order directs the Interior Department to explore using the Defense Production Act. Hastened development of some minds. He made the executive order..

Bloomberg US American Airlines President Trump Tokyo Stock Exchange Nikkei Tokyo executive Interior Department ASX Chicago South Korea Hong Kong CEO Sydney Taiwan Zack
Japanese shares dip; Nissan hits 8-yr low as top exec decides to quit

NPR News Now

00:56 sec | 2 years ago

Japanese shares dip; Nissan hits 8-yr low as top exec decides to quit

"Shares in Japanese carmaker Nissan Assan has suffered a sharp drop of more than three percent on the Tokyo Stock Exchange. The drop came after the automaker announced the president of the company is stepping down the BBC's he is Brenda Marshall reports. It's just weeks. Since Nissan asked June sookie to lead a recovery process after financial scandal surrounding the company's former boss Carlos Goan own Mr Seconds resignation after a thirty year career at his son has raised doubts by investors as to the stability of the company's leadership despite a Nissan statement statement saying the firm's restructuring plans are on track. The company made no comment on the reason for Mr Sexist resignation. But it's widely reported. There may be disagreements agreements among the new management team over how to deal with Nissan's biggest shareholder the French carmaker Renault which has previously pushed for merger the BBC's Brenda Marshall Social reporting this sand is also posted a string of lacklustre. Earning quarters in

Nissan Brenda Marshall Nissan Assan BBC Tokyo Stock Exchange Mr Seconds Carlos Goan President Trump Renault
Aramco Plans Split IPO, With Tokyo Emerging as Front-Runner

WSJ What's News

03:26 min | 2 years ago

Aramco Plans Split IPO, With Tokyo Emerging as Front-Runner

"Aramco the world's most profitable company is planning to stage initial public offering and despite wooing from london and hong kong tokyo has now emerged as a surprise front-runner for more on this wall street journal exclusive. Sam western spoke with reporter border. Ben dumb it in london. It's been a long journey for the saudi arabian oil company to make a public offering and we've learned that they are going to go <hes> with this two stage strategy. Could you just tell me a little bit about that. Yeah initially they were looking at an i._p._o. Where they would simultaneously list on the message exchange call the totta wall sock exchange and an international exchange but after many false starts the reviving the plan but this time they're taking a different approach where they're going to list initially on the domestic exchange selling a small sliver of the five percent stake that they previously previously targeted they would sell completing that making that a success and then next year following that with an international listing on right now it looks like they're leaning towards the tokyo stock exchange over london stock exchange hong kong or new york and do we have a timeline for when this might happen you know i think we know that ramp was looking at doing the domestic listing in saudi trying to before the end of this year you know the success excessive of that will help determine the timing of the international listing but at this point they're looking at some time in twenty twenty. It looked for a while like the london stock. Exchange was making a big push to bring this listing to london similarly that was interest from hong kong but but it looks like both of those have lost out at this stage. Could you just tell me a little bit about that decision. Yeah in the past when aramco's looking at international listing london was at the top of their list along with hong kong and the new york stock exchange the london exchange change u._k. Politicians have pushed hard to try to to aramco to consider the listing venue. They similarly the exchanges and officials in hong kong in the u._s. You similar tactics to try and will aramco to their exchanges because it would be the largest ever if it goes through but because of brexit and the controversy around brexit in the possibly the increasing possibility of a hard brexit. There's concerns that that could cloud the the future of the l._l._c. so as a result of that. They're you know they're looking at tokyo's an alternative similarly hong kong which was another alternative has this is challenged by the fact of the pro democracy protests that are going on there and the clampdown by mainland china so there's that's create a level of uncertainty about listing in in on the hong kong exchange so as a result. They're now looking at tokyo. Tokyo's a big international exchange. It's been home to some of the largest i._p._o. Ever including last year's i._p._o. Soft bank's mobile telecom unit so that you know that showed obviously that they can manage big. I._p._o.'s and there's an available investor base to absorb the kind of offering that the aramco might pursue. That's the wall street. Journal's ben dumb it speaking with sam western in london

Hong Kong London Hong Kong Tokyo Tokyo Aramco Wall Street Journal BEN Sam Western New York Reporter Saudi Journal I._P._O. China Five Percent
Shares of Japan's Eisai swamped with sell orders after ending Alzheimer trials

Bloomberg Businessweek

00:37 sec | 2 years ago

Shares of Japan's Eisai swamped with sell orders after ending Alzheimer trials

"Ramey. Still no trading in Eisai shares right now in the Tokyo session. Sell orders seemed to be overwhelming the buy orders. This on news. The Japanese drugmaker is halting research with its partner Biogen. The two were working on an experimental Alzheimer's. Treatment now in the US session. Biogen was down. Nearly thirty percent that move wiped out about a quarter of the company's market value right now in Tokyo in the third market. So this is after or I should say off the Tokyo Stock Exchange. Shares were down as much as thirty four percent. But on the T S E right now. No trading. As of this

Biogen Tokyo Stock Exchange Tokyo Alzheimer United States Partner Eisai Ramey. Thirty Four Percent Thirty Percent