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July 3, 2024
Judiciary subcommittee this is just over 1. 5 hours. I dont know. The hearing is called the order. I dont know why wed be discussing the house right now. I dont know why we have this excitement right in our chamber, but i wanna welcome everyone to this very important hearing and im actually really excited to hear from our witnesses. I would like to thank Ranking Member lee and his staff for working with us to plan this hearing. So, everyone looks back fondly maybe at the first place they ever li...
July 3, 2024
I dont know. The hearing is called the order. I dont know why wed be discussing the house right now. I dont know why we have this excitement right in our chamber, but i wanna welcome everyone to this very important hearing and im actually really excited to hear from our witnesses. I would like to thank Ranking Member lee and his staff for working with us to plan this hearing. So, everyone looks back fondly maybe at the first place they ever lived. For me in 1960, my parents wallpapered the last ...
July 3, 2024
Major market opens. Paul australia has just come online. China ramps up aid for the economy, a higher budget deficit ratio and asian risk assets, in addition to easing treasury yields, trade is also mixed. Plus, japans biggest listing since 2018. Annabelle what i want to point out is that the Australian Market is sensitive what happens in china. New support measures coming through, Stephen Engle is here and well go through all the details in just a moment. This is an economy very reliant on what...
July 3, 2024
This comes, of course, after an incident injanuary this year, when an unused door blew out soon after take off on an Alaska Airlines 737 max, sparking multiple investigations into boeings safety culture. Boeing ceo, dave calhoun, who took over in 2019, after the previous boss was fired, has announced hes leaving at the end of the year. But who will take on the role, now described by some as the toughestjob in Corporate America . Some shareholders want to see a new face from outside the firm. And...
July 3, 2024
Also. We are tracking the potential job warning, in response to what we are seeing in the yen, jgb yields as well, continuing to move higher and closer to the 1 mark. Suzuki saying they are committed to achieving the Fiscal Consolidation goal. What else we are watching, it comes down to expectations around where the boj goes next. We have been hearing from you next to the my chief economist at the bank, saying that doj could raise rates as soon as june, maybe even space for rate hikes four 2024....
July 3, 2024
Youre watching daybreak asia coming to you live from new york, sydney and hong kong. Counting down to the major market opens in asia. Australia has just opened, the top stories this hour, asia stocks extending losses within escalation of the middle east conflict and the feds policy outlook. Rates will still stay on hold while not withholding the possibility of a future hike. It does not feel like it is too tight right now, there is no evidence that policy is too tight. President biden set to del...
July 3, 2024
Both domestically in getting chinas economy on track as well as internationally as the country tries to navigate a tense geopolitical environment. We are also going to see and he is back with us here on a show business report. Thank you for coming back again for us as we continue to track the story as the World Leaders gather there. We are still waiting for xi jinping to speak but in your expectation and estimation what are you seeing will be a thrust of the speech there. This are you seeing wil...
July 3, 2024
This is an extension of the relationship they signed back in 2022, which happened just before russia launched its invasion of ukraine. This will be the 40th time xi and putin have met since xi jinping first came to power. So just awaiting the russian leaders arrival there. The talks will take place with the chinese president and we will have more on those pictures as soon as something actually happens. But putin is on his way to that welcome ceremony. In the meantime lets look at how markets are...
July 3, 2024
Chinas economy on track as well as internationally as a country tries to navigate a rather tense geopolitical environment. Ive been speaking to and economy of cornell university. He told me how the belt and Road Initiative had achieved mixed results for china. ,. , china. The belt and Road Initiative china. The belt and Road Initiative was china. The belt and Road Initiative was chinas china. The belt and Road Initiative was chinas attempt to use its economic muscle in order to gain both geopoli...
July 3, 2024
Home that higher for longer narrative. We are seeing pretty decent sentiment here, big tech rally in the u. S. Leading some of those stock sire in the region here in asia as well. It is a little bit of holiday session, hong kong as well of as well as curia close. The markets are online, we see decent gains. One of the big stories across the bloomberg, spotlight on china property is starting to see play through when it comes to these key assets like dollar china as well as the aussie dollar watch...