Bloomberg
Standard Chartered: Upgraded Equities to a Core Holding
Audrey Goh, senior cross asset strategist at Standard Chartered Wealth Management Group, shares her views on equities, bonds, and policies of central banks including the Federal Reserve. She speaks with Haidi Stroud-Watts and Shery Ahn...
Bloomberg
Tesla Sets a New Delivery Record After Price Cuts
Tesla Inc. delivered a record number of cars globally in the second quarter. This suggests the electric-vehicle maker's plan to chase volume by cutting prices is working. Paul Allen reports on Bloomberg Television.
Bloomberg
Investment-Grade Bonds, Japan Stocks Favored, OCBC Says
"We like Japanese equities. They've done very well. But we think that they have more upside going forward." Vasu Menon, managing director of investment strategy at OCBC Bank, discusses recession fears and the implication for financial...
Bloomberg
Spy Fears Over Chinese Mill Led to US Investment Curbs
Presidents Joe Biden and Xi Jinping are trying to ease tensions and calm trade fights between the world's top economies. The collapse of a project in the American heartland shows just how deep a chill has set in. Josh Wingrove reports.
Bloomberg
BOJ's Ueda Keeps Central Bankers Laughing in Sintra
Bank of Japan Governor Kazuo Ueda kept other central bankers laughing during a discussion on June 28, at the European Central Bank's annual retreat in the Portuguese hilltop resort of Sintra.
Bloomberg
UBP: US Recession Likely In Coming Quarters Moving Into Early 2024
Union Bancaire Privee Group Chief Strategist Norman Villamin thinks a US recession is likely in the coming quarters moving into early 2024. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
Markets Not Buying Into Central Bank Talk: Luk
"Markets are not really buying into what all of these major central banks are talking about." Ben Luk, senior multi asset strategist at State Street Global Markets, discusses market sentiment and Federal Reserve policy. He speaks on...
Bloomberg
Standard Chartered Favors High-Quality Bonds, Japan Stocks
Daniel Lam, head of equity strategy at Standard Chartered Wealth Management, discusses Federal Reserve policy and the implications for financial markets. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Bank of Japan May Tweak Yield Curve Control in 3Q 2023, HSBC Says
Frederic Neumann, chief Asia economist at HSBC Holdings Plc, discusses policies of regional central banks including the Bank of Japan. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets: China Open."
Bloomberg
Investors Should Be Defensively Positioned: Mitra
"We're still suggesting to our clients to be defensively positioned, pick up more duration, underweight equities and stay neutral in credit." Aninda Mitra, head of Asia macro and investment strategy at BNY Mellon Investment Management,...
Bloomberg
Circle CEO Allaire on Crypto Market Outlook, Regulations, Strategy
Jeremy Allaire, chief executive officer and founder of Circle Internet Financial Ltd., the issuer of stablecoin USD Coin, discusses the outlook for the crypto market, regulations, and the company's strategy for Asia. He speaks on the...
Bloomberg
Yen Likely to Strengthen Over Next 3 to 12 Months: Nikko Asset Management
"We actually think that the yen's going to strengthen over the next three, six, 12 months because the trade deficit is going to turned into a trade surplus, especially for goods and services, because tourism is going to keep booming...
Bloomberg
Silence Cloaks Kremlin After Short-Lived Mutiny Against Putin
Vladimir Putin faced the biggest challenge to his two-decade rule with a short-lived mutiny. Wagner group leader Yevgeny Prigozhin halted his fighters' advance toward Moscow in a deal brokered by Belarus' president to end the revolt...
Bloomberg
Goldman Sachs Cutting About 125 MDs; JPMorgan Cuts 40 Dealmakers
Wall Street firms are slashing more jobs. Goldman Sachs Group Inc. has started cutting managing directors across the globe, according to people familiar with the matter. And JPMorgan Chase & Co. is cutting about 40 investment bankers in...
Bloomberg
Blinken to Meet Xi in Effort to Stabilize Tense US-China Ties
Chinese President Xi Jinping will meet with US Secretary of State Antony Blinken, a signal that a highly anticipated two-day mission to China is stabilizing strained ties between the world's largest economies. Bruce Einhorn reports on...
Bloomberg
Xi: 'Very Good' That Progress Made on US-China Ties
Chinese President Xi Jinping told Secretary of State Antony Blinken it was "very good" the two sides had made progress in steadying ties between the world's two largest economies during his trip to China. Ros Mathieson reports on...
Bloomberg
Biden, Xi Praise Blinken's Beijing Visit
The US and China did agree to boost dialogue after Secretary of State Antony Blinken wrapped up his visit to China. Both sides say they made good progress. Stephen Engle reports on Bloomberg Television.
Bloomberg
Blinken Meets China's Top Diplomat Wang in Beijing
US Secretary of State Antony Blinken met Wang Yi, the Chinese Communist Party's top foreign affairs official, in Beijing as the world's largest economies seek to stabilize strained bilateral relations. Iain Marlow reports on Bloomberg...
Bloomberg
Blinken, Chinese Counterpart Qin Hold 'Candid' Talks
US Secretary of State Antony Blinken and his Chinese counterpart Qin Gang had "candid" discussions in Beijing, according to both governments, as the two countries seek to ease tensions. Talks between the delegations led lasted 7 1/2...
Bloomberg
Treasury Official Visits HK in Push for US-China Thaw
A senior U.S. Treasury official has traveled to Hong Kong in a sign of growing US efforts to revive engagement with China. Colum Murphy reports on Bloomberg Television.
Bloomberg
Goldman, Citigroup Said to Be Cutting Asia Roles
Goldman Sachs Group Inc. and Citigroup Inc. are said to cut another 35 investment banking jobs across Asia this week after revenue from stock sales and mergers slumped further in the second quarter. Adam Haigh reports on Bloomberg...
Bloomberg
Blinken to Travel to China
US Secretary of State Antony Blinken is traveling to Beijing this weekend, becoming the most senior US official to visit in five years. Colum Murphy reports on Bloomberg Television.
Bloomberg
I Don't Think the Fed Can Rest Easy at All: Rajadhyaksha
"I just don't think the Fed can rest easy at all." Ajay Rajadhyaksha, global chairman of research at Barclays, discusses the Federal Reserve's decision to keep rates unchanged and how many more times they'll hike rates. He speaks on...
Bloomberg
Trump Pleads Not Guilty on All Charges
Former President Donald Trump on Tuesday pleaded not guilty in a Miami courtroom to federal charges he mishandled state secrets and immediately resumed rallying supporters behind his 2024 presidential bid. Kailey Leinz, Wendy Benjaminson...