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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Industry leader this hour. Masayoshi son the company is forecasting a massive loss for the year has investments in startups shery lets get you started with a quick check on the markets. U. S. Futures supported at the moment after u. S. Benchmarks ended the session mixed. This ahead of earnings season kicking off officially tomorrow with j. P. Morgan and wells fargo reporting. Afterutures up. 3 , this the s p 500 rallied almost 25 from its march low. Nikkei futures also gaining ground. 4 . We had a little bit of strength for the japanese yen in the overnight session as we saw more safe haven bids play out during the u. S. Trading session. This of course as we saw japanese stocks falling in the previous session. We have been trading most markets away on holiday. Today, only india is off. Crude prices rebounding from losses in the previous session. We had seen crude under pressure despite opecplus managing to strike a Historic Deal to ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Markets in the weeks ahead. Still pumping more oil into the market from saudi arabia. It comes to the coronavirus story that continues to dominate, President Trump says the u. S. Should be prepared for a painful couple of weeks. Infection rates continue to rise in the u. S. We are hopefully seeing some stabilization in countries like spain and italy. Overall, the global infection rate has passed 800,000. Yvonne. Avon the ecb scrapping european banks. Thats what is weighing on the hang seng. Earnings coming through, really a key indicator in the next couple of weeks. Autos reacting negatively. Down six. 5 . The pboc should impact further cash injections and local authorities should issue more infrastructure bonds. Supporting the economy amid the worsening coronavirus pandemic. Selina wang joining us now from beijing. How significant is this . How should we read into that yvonne that . Selina those pmi numbers coming in better than ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Testing kits that could be coming to the u. S. And potentially could stop the spread of the virus. China pmi is driving the charge here today in asia, that beat on manufacturing and nonmanufacturing. We will see if the vshaped recovery can actually sustain itself. Money coming out of the yen, the british pound and the euro as well. Wti brent as well taking a breather here today after falling to an 18 year low. Chinas Manufacturing Activity rebounded strongly in march, signaling the economy is demand. Ng amid external tom, what are the Key Takeaways . Of readings much higher than estimates, and smashing the numbers we got in february. Record lows for manufacturing back in february. Compared tombers when it comes to manufacturing pmi, one of the major components has rebounded. That is something to bear in mind. When it comes to the export oriented components, contraction ....

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CNBC Street Signs July 13, 2024

Super markets spree Grocery Sales as british shoppers spend more to stock up amid the lockdown loreal looses ground after the french group scraps its guidance and warned that coronavirus will have a bigger impact that previously expected. Chinas factory activity has restarted and apparently rebounded in march after disruption was disrupted bit Virus Outbreak the pmi has risen to 52. Anything above 50 is expansion the number in february came in at a record low of 35. 7. Highly significant but much better than expected analysts had been forecasting a contraction. Well get to emily report we are seeing the Hong Kong Market close out a session on a tuesday with positive gains. With the form of the official pmi for march. The hang seng index closing up 1. 4 at 23,503. The latest pmi for march better than expected with a 17po ....

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LINKTV Newsline July 13, 2024

Theyll ban most foreigners from entry, starting on thursday. The island started restricting travel from Mainland China back in january and life there has been relatively unaffected. But residents who recently traveled abroad and foreign visitors have tested positive for the virus. Ten new cases were reported on tuesday hitting double digits for the first time. Officials say diplomats and foreign nationals with resident permits will still be allowed entry. But they will be required to selfquarantine for two weeks. Malaysia has taken a similar measure, but its also prohibiting its nationals from traveling abroad. Thats causing headaches for the many malaysians who work in neighboring singapore. On wednesday there was no rush hour traffic along the causeway connecting the two countries. More than 300,000 people a day normally cross it. Elsewhere, the Australian Government ....

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