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June 21, 2024
John dawson is having a look at what is going on for the nikkei. What is really driving sentiment . We are seeing one of the biggest gainers driving that. Looking for direction from the fed with regards to quantitative easing. Central banks really directing the money. Taiwan, malaysia, you see both waiting to open. We are also watching for the opening of hong kong. Very important, the stock story of the day is li kashings empire. He goes back to the top of the rich list. He is having chung ka ho...
June 21, 2024
, china falling for the same reason. Japan is closed today for comingofage day in japan. Markets closed, reopening tomorrow. Quickly, look at the key markets, the story there on this li kashing story. Cheung kong is up by 40. 5 right now. Was up by 80 14. 5 , was up 18 . Those two are flying high on that story. More details later on in the show. More details also on what is going on in china with our interview with the chairman of ubs. We were talking about europe at the end of the last just bef...
June 21, 2024
Over to tokyo. Sherry and is live. How bad the numbers were . Rish, it was quite surprising to see that revised gdp data out of japan today. The gdp shrinking an annualized 1. 9 and the third quarter. More than the initial breeding off contraction of 1. 6 first it. It was quite unexpected. Gave a the 24 economists figure that low. We had expected gdp data to be revised upwards. This figure showing the japanese economy is in a much deeper recession than originally thought. That will be a below to...
June 21, 2024
They are rising for a fourth day. We are breaking past the 18th thousand 500 level for the first time in 16 years. 18,500 level for the first time in 16 years. The u. S. Dollar is falling giving investors another reason to hit the buy button. The euro, on the back of everything in greece, largely unchanged. A greek deal later. So, very quickly before crude oil and a price on that one. The last time i checked, above 50. Of . 12. Up . 12. Brent is also there we go. About . 15. 50. 37 a buys you a ...
June 21, 2024
Reports. Welcome to countdown. Manus coming up, i sit down with a veteran in the kipling suites at one of the most exclusive hotels in the heart of marburg. Mark breaking news from the mp of the biggest and in france, a surprise increase in firstquarter profits,. Net income rose to 1. 6 5 billion euros, up from 1. 4 billion. Bloomberg spoke to the cfo about the numbers. It stems from good performance in our specialized businesses. That coupled with positive jobs means our revenue is outpacing ou...
June 21, 2024
They were looking for a 9 rise. Imports fell 12. 7 . Estimates were for 8iron percent for a 10 fall. That is most likely due to falling Commodity Prices driving down the value of imports. That brings the march trade surplus to just over 3 billion. Given that 60 billion dollars surplus in february, economists were looking for about 60 billion. Economists say the march drop is due to that timing of the Chinese New Year. They say the International Market demand is weak. Export orders are falling an...
June 21, 2024
Negotiations. Mcdonalds reveals its comeback recipe. The ceo serves up a turnaround plan. We look at what could change. Welcome to countdown. Im manus cranny. Im caroline hyde. Coming up come a bloomberg exclusive. Amen considered the last a man considered europes last dictator. Have how the competence impacted his country. Lets begin with asia. Estimates adding further weight to forecasts that policymakers could step up stimulus to support this is a little bit of a different story versus the of...
June 20, 2024
Bloomberg reporters are standing by to deliver the stories to drive your day. Zeb eckert is covering the launch of the iphone in china and manus cranny looking forward to president obamas nsa announcement. Ferro with more on pc sales. Ryan chilcote is lacing up his hightops. He has the story on the nba push them to london. If only countdown, causing a stir coming to the u. K. Today. An inside look at the wolf of wall street with film expert Simon Thompson on in the know. After six years of negot...
June 20, 2024
This is not necessarily raising the alarm. We will be watching that closely throughout the course of this day. In Southeast Asia, gains for the major markets. That market up zero. 6 despite all the antigovernment protests. We are continuing to watch that. In malaysia and singapore, solid gains for business. We are seeing property shares in some of the Energy Stocks moving. Gold, by the way, rallying. The numbers out just a short while ago, thailands economy growing more than anticipated in the f...
June 20, 2024
That is after a disappointing gdp report for the most recent quarter. More on that and a moment. It is driving japanese stocks lower. We are seeing safe haven buyers into the yen. Gold is rising. Both of those happening in tandem. Investors taking risk off the table, concerned that the looming sales tax increase will have an impact on the market. The market is down, the nikkei lower by 0. 5 . Mscithough the asiapacific is advancing, it is early going. We will see how that changes when hong kong ...