Page 2 - Property Developments News Today

in the countrys faltering property sector. that means that chinas credit rating is at risk of a downgrade. the government in beijing is rumoured to be considering providing more financial support for property developers — including evergrande and country garden — which are both billions of dollars in debt. earlier i spoke to janet mui, head of market analysis at rbc brewin dolphin. i asked her whether this suggests things are getting worse for the worlds second largest economy? thi...

over—the—air software updates ensure that autopilot gets even better. this is how tesla wants its autopilot software to be seen assisting a human driver who is ultimately still in control. but, when a former employee voiced concerns, he felt about safety in his own workplace and later on with the tech itself, his dream job turned into a nightmare. i became really depressed and anxious. i couldnt sleep right. he was personally praised by tesla owner elon musk after putting out a fir...

13 hikers have been found dead near the crater of indonesias mount marapi volcano after it erupted over the weekend. the initial death toll was 11 — but a short time ago, a rescue official reported two additional bodies were found, and the number was revised up. at least ten others are missing and the search was suspended on monday after another, smaller eruption. there were 75 hikers in the area during the main eruption on sunday but most were safely evacuated. lets go live now to b...

there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. lets talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in th...

we have been worried about the chinese economy for some time now. does this downgrade suggest things are getting worse? goad does this downgrade suggest things are getting worse?— are getting worse? good afternoon. this is a reminder _ are getting worse? good afternoon. this is a reminder of _ are getting worse? good afternoon. this is a reminder of what _ are getting worse? good afternoon. this is a reminder of what investors| this is a reminder of what investors already know which ...

Rishaad tariffs on washing machines, the reaction reverberating this morning. Lets take a look at whats happening. It definitely doesnt favor u. S. Solar firms, chiefly. Lets have a look at this chart on the bloomberg. Yellow line showing what has been happening first with solar for the last year, about 104 moved to the upside. One of the Biggest Solar Companies in china showing a a whole but appears as pretty much flat in the last 12 months. This is after concrete evidence to support trade agen...

Capitol hill, and Christine Lagarde tells cnbc that the fed will not cause another taper tantrum. I think it has already learned from that experience both at the fed left avel and ad the world. The fed itself has measured exactly how to communicate and oil markets trading solidly higher were waiting keough pey opec d well be speaking to bob dudley in 30 minutes time were seeing almost solid wall of green this morning and this is despite the fact that markets are very much in wait and see mode wa...

Their toll . Unrest at uber. This is daybreak asia. We have to talk about that disappointing data on friday out of the u. S. All eyes will be on the big china data dump in the next couple of hours, including secondquarter gdp. That will be key for asian markets. The cpi and retail Sales Numbers coming in. Where is inflation . The fed is likely to continue to delay raising rates, and you saw the enthusiasm for that in the equities markets. Lets pull up the boards for how we ended on friday, addin...

Daytoday, awaiting the headline gdp number for the Second Quarter, but looking to scrutinize domestic activity numbers, fixed Asset Investment, Industrial Production, retail sales, all expected to show stability and she lower. Given it is a key Political Year for beijing, we are looking at stability as the theme when it comes to growth. Take a look at this chart that paints a picture of the boring trajectory when it comes to that headline gdp number over the past two years. We have been hovering...

Anna very warm welcome to bloomberg daybreak. Rallied,e yuan has 2. 21 . The biggest weekly rally on record. What do you do when the dollar drops and you want to get control of your currency . Bit less thantle what the market expected. What we have for you this morning i want to bring you back to january of last year. Rateis when the borrowing ratcheted higher. They are squeezing. Is rising andrate the fixing rate is rising and the probability of the market taking the dollaryuan above 70 has dro...