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KCSM Asia Insight June 22, 2024

Dressed in rags as homeless people, their signs protest the shanghai auto shows decision to ban models. It started when chinese president xi jinping expressed concerns that a culture of vaal vulgarity was tooking root in the country. Industries began implementing self regulations with the shanghai auto show suddenly cancelling the use of models at booths. China held its firstever auto show in the 1980s. It was a time when owning a private car was beyond most citizens dreams. The exhibitors mostly targeted businesses looking for commercial vehicles. And also promoted car parts and new technologies. Thanks to economic growth, auto shows are now completely different. These days, the chinese own more than 150 million cars, 15 of the worlds total. Modelling at the shows has become a dream for many young women. Over the past several years, they have dressed mostly in revealing outfits. Smaller car makers came up with the strategy in order to stand out as they cant compete with major firms. S ....

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BLOOMBERG On The Move June 22, 2024

European equities are going to be more profitable than the United States for the First Time Since 2008. Earnings will rise just under 7 . That is up from just under 5 . U. S. Wages rose at this lowest pace since 1982. What does that do for the debate about whether you get a september lift off from the fed in terms of raising rates or december . Harris is opening flat. London is down by an eighth. Youve got billy real and intercontinental. Iron ore as retreated back to 50 from its peak. China storyng that play out on rio and billy in terms of the reality of the slowdown in china. What happens next in terms of stimulus . Hsbc up 1. 64 . Pretax profit rising. They are selling the brazilian asset. They took a little bit of a hit. A couple individual names. Nokia, heineken, ill just show you those, hsbc up 1. 3 . Heineken up 1. 9 . Not a bad report from heineken. Anna spoke to th ....

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BLOOMBERG First Up With Angie Lau June 22, 2024

Coming to you live from bloombergs asian headquarters in hong kong. Checking in on markets in asia this morning to new zealand, we have the Second Quarter jobs numbers out with the Unemployment Rate coming in line with estimates at 5. 9 . Stocks currently rising 2 10 of 1 . 6536. Olding at we are counting down to the openings of australia, japan and south korea. Japan seeing downward trend. Down 2 10 of a percent. Futures now pointing to a slightly higher open. The dollar yen at 124. 35. We will stick with the markets with some relief for commodities and oil came back from a sixmonth low. That was not enough to lift equities in the u. S. Su keenan been tracking the action on wall street. Su we definitely salw oil rebound. We also saw stocks slide and th at was as you had to focus on earnings which continues. Results were negative. That stock got hit by about 10 . The real ....

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CNBC Worldwide Exchange June 22, 2024

Market investor tells cnbc intervention is not the solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as we know the more they do the more uncertainty is imposed on the market. Putting the brakes on profits at major auto maker. Bmw warns of slowing sales. Analysts worry theyre stalling on reforms. This despite delivering better than expected Second Quarter earnings. Hi everyone im seema mody. Coming up on the show hes a man with a plan. A Clean Power Plan as obama talks tough on Climate Change were asking you what would you give the president for his birthday, which by the way is today. The numbers are in and its not looking good for hillary clinton. We unveil the results of the latest nbc wall street journal poll. Plus angry bird produces angry ....

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CNBC Worldwide Exchange June 22, 2024

Intervention is not the solution solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as you know the more they do the more uncertainty is imposed on the market. Its official puerto rico defaults on a Debt Repayment for the first time ever. The governments debt spiral warning comes to fruition. Putting the brakes on profits. Toyota calls china a difficult environment while bmw warns of slowing sales. Coming up on the show hes a man with a plan. Obama talks tough on climate change. What would you give the president for his birthday which, by the way, is today . The numbers are in and its not looking good for Hillary Clinton. Stay tuned as we unveil the results of the latest wall street journal poll and angry gamers. Why the app ruffled some feathers, later in the show. Welcome to the show. It was an ugly ....

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