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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

California utility pg e said to be close to finalizing terms for a 13. 5 billion dollar payout to victims of wildfires sparked by defective equipment. Youre told it would pay half in cash and the rest in stock in the reorganized company, although no final agreements have been reached. Pg e shares rallied strongly on the news but are still down more than 50 this year. The owners of the new york mets are in talks to sell up to 80 of the major league franchise. Were told a deal would be valued at 2. 6 billion and set a path for billionaire steve cohen to take complete control after five years. Hes already an investor in the mets and has a net worth of more than 9 billion. Shery markets open in tokyo and seoul at the top of the hour. Sophie stocks are set to rebound after closing at a low. U. S. Futures little changed. Checking in on the end, Holding Steady while weakening to a twoweek low yesterday, snapping a fourday advance. They o ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Markets are struggling for direction. Stocks in the u. S. Are looking at record highs in markets around the world are trying to figure out how to put that against the fact the chinese economy is slowing. Andpean stocks getting 0. 2 you can see the 10 year yield at 1. 74. A good day to talk policy. Coming up, we speak to the Incoming European Commission her team of commissioners faces a confirmation vote in parliament. Lets its rate to new york with first word news. A worldbeating brexit trade deal. Thats what british carmakers want the next government to deliver. The society of Motor Manufacturers and traders say the key requirements include a friction this border, tariff free trade, and regulatory alignment. They spent more than 5 Million Pounds preparing for the exit from the eu. Of
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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Sliding Global Demand is increasingly hurting the mainland economy. Kathleen thousands join hong kongs biggest demonstration in months. The protests may drag on into the new year. Lets get straight to the market action. What are you watching . Sophie this monday, stocks in tokyo are gaining ground. The nikkei to 25 adding 0. 7 pipe 0. 7 . 225 economy the nikkei adding 0. 7 . The economy grew. Jesper sees a payoff in 2020 with likely massive boom in productivity. Checking on the yen, holding at about mid108 levels. We are seeing the kospi gain ground, up 0. 4 . The korean won is also looking stronger. We are seeing gains for the asx 200. There was a surprise resignation. We are seeing futures marginally lower this morning early in the asian session. A quick check on bonds. Keeping a close eye on 10 year jgbs to reach that 0 level for the first time this march. We are seeing dwindling demand on the short end as expectations fall for ....

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RT Boom Bust July 13, 2024

Suggestion now is that this one strike that was initially planned by transport workers and is now encompassed Teachers Health work is the firefighters and even the police could now start a ruling strike in the lead up to christmas and going on until the new year as the strike his attempt to make the french government rethink these Pension Reforms if that happens it will be the 1st time that france is seeing such massive paralyzing strikes across the country since the french Government Back in 1995 try to do exactly the same and tried to reform the pensions for the moment here in france people are adamant that they want to have their voices heard and it seems like today theyve come out to the streets to make sure thats happening. For boom bust in paris. Meanwhile china continues to push for the completion of phase one ....

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RT Boom Bust July 13, 2024

To push for the completion of phase one of the u. S. Trade deal sticking to the demand that tariffs have got to be rolled back a new round of u. S. Tariffs are scheduled to kick in on december 15th and it would impact around 156000000000 in chinese imports on wednesday president walked back comments that a trade deal might not be done until after the 2020 election the new stance is that the talks are going quote very well u. S. Negotiators claim that they may be close on a deal and they go shivers do expect that phase one deal they say with china to be completed before the midmonth deadline among the issues still being worked out or talks on how to guarantee chinas purchases of u. S. Agricultural goods and exactly which duties to roll back. Well meanwhile japans cabinet has approved a 122000000000. 00 fiscal package on thursday which would help to boost the worlds 3rd largest economy and issue though is how to sustain Economic Growth ....

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