Been interesting. Not just value but also small caps. Also industrials, also cyclicals. They wound up beating estimates, coming in at over 600,000. The earnings went up slightly as well. If you have a miss, you get punished. For global exchange. We will bring you todays market news from around the world, from hong kong to brussels to london. First, we start off in asia where china is firing back at the u. S. Mike pences criticism of his actions against protesters in hong kong. He said chinas actions in hong kong curtail liberty rights. The Foreign Ministry blasted the remotes remarks and said we hope they can get their own house in order. I was quite surprised by their response today. Their response yesterday was much more consolatory consolatory from chinese news outlets. They accused Vice President pence of line. They accused him of arrogance. Y said his speech was and the like. As you mentioned, they said the u. S. Has to look itself in the mirror. To your point about consolatory to
Asia. Coming to you live from new york city and hong kong. We are counting down to asias major market opens. Paul the top stories this hour, asian stocks poised for the next open with chinas july activity data ahead. Argentinian assets and in freefall with the government valuing the peso is a political outsider shakeup the election race. Chinas property crisis is rippling into the 3 trillion Wealth Management industry. Miss payments on Investment Products highlighting wide arrests. We meet the man who could be taiwans next president. He tells us exclusively how he plans to reissue voters and maintain peace. Shery look at how u. S. Traders are issuing. We are seeing outside after we saw major indices in the new york session gaining ground. Tech stocks leading the gain, seeing the best day in two weeks. It was low volumes across the board. We are talking about august as a slow month. Even small moves can make a big difference. The russell 2000, smaller stocks, falling to that onemonth lo
Carol welcome to bloomberg businessweek. Im carol massar. Julia and im julia chatterly, and were inside the magazines headquarters in new york. Carol in this weeks issue, what happened to americas most Iconic Company, ge . Julia the dangerous in the caribbean. Carol and taylor swift takes on the scalpers. Julia all that and more on businessweek. Carol we are here with the editorinchief of bloomberg businessweek, joel weber, talking about the olympics getting underway. This story looks at the unification front between north and south korea because of the games. North korea is making the most of this little opportunity. If there were an olympic medal for freestyle propaganda, they are getting it. Julia what are the south koreans getting out of this . They will march their sports stars under a unified flag with the north. That is a big statement. That is what this story is about. Why would you be willing to do this . That was the question we posed because we think this is going to be shor
And south korea because of the games. North korea is making the most of this little opportunity. If there were an olympic medal for freestyle propaganda, they are getting it. Julia what are the south koreans getting out of this . They will march their sports stars under a unified flag with the north. That is a big statement. That is what this story is about. Why would you be willing to do this . That was the question we posed because we think this is going to be shortlived. The games are going to happen and we will be right back to a different mood. Carol you have to think about it too, because it is a great sports story. Everyone likes to watch the Olympic Games, but it is also a financial story. South korea has paid billions in getting ready for these games. How do we make this a business story . There was a lot of Business Opportunity in this, and they are willing to put it all on the line with this decision. Carol it is kind of shocking, though. Go back a month. Thinking about the
Whether, talking about the windex olympics getting underway. This story looks at the between northont and south korea because of the games. North korea is making the most of this little opportunity. If there were an olympic medal for freestyle propaganda, they are getting it. Julia what are the south koreans getting out of lists this . They will march their sports stars under a unified flag with the north. That is a big statement. That is what this story is about. Why would you be willing to do this . That was the question we posed because we think this is going to be shortlived. The games are going to happen and we will be right back to a different mood. Carol you have to think about it too, because it is a great sports story. Everyone walked choose likes to watch the Olympic Games, but it is also a financial story. South korea has paid billions in getting ready for these games. How do we make this a business story . There was a lot of Business Opportunity in this, and they are willin