Year: 2019

Dec.22 — Selina Sia, head of Greater China equity research at Credit Suisse Private Banking, talks about the region’s stocks, corporate earnings, and the Chinese government’s efforts to support the economy. She speaks with Yvonne Man and Selina Wang on “Bloomberg Markets: China Open.” …read more […]

Protests and the US-China trade war hang heavy at the turn of the decade, but what can kickstart growth in the 2020 new year? …read more […]

Dec.22 — China is saying that it’s cutting import tariffs on certain goods from Jan. 1. It’s a move it says is partly aimed at expanding imports. The news comes as Beijing and Washington work to finalize a formal signing of the first phase of their trade deal next month. Bloomberg’s Selina Wang speaks with Rishaad Salamat and Yvonne Man on “Bloomberg Markets: Asia.” …read more […]

(Bloomberg Opinion) — This is the year that brought a $100 billion venture capitalist to his knees. In January, SoftBank Group Corp.’s Masayoshi Son was riding high, writing billion-dollar checks to unicorns from office-sharing startup WeWork to autonomous-delivery vehicle designer Nuro. But as 2019 winds down, the Japanese dealmaker is straining to finance a $9.5 billion bailout package for Adam Neumann’s troubled startup, whose valuation has evaporated from $47 billion to $8 billion — or even zero, depending whom you ask. SoftBank’s bad year goes well beyond WeWork. Investors are starting to get the feeling that whatever Son brings to …read more […]

Dec.22 — Prashant Bhayani, chief investment officer of Asia at BNP Paribas Wealth Management, talks about Treasury yields, the Chinese yuan, and his strategy for 2020. He speaks with Selina Wang and Yvonne Man on “Bloomberg Markets: China Open.” …read more […]

Dec.22 — Ajay Sunder, deputy director at SC-Nex Strategy, discusses his outlook for Asia Tech in 2020. He speaks on “Bloomberg Daybreak: Asia.” …read more […]

Dec.22 — Hong Kong is back to business as usual after another tense weekend that included a police officer drawing his sidearm on protesters. No shots were fired. Bloomberg’s Stephen Engle speaks with Shery Ahn on “Bloomberg Daybreak: Asia.” …read more […]

In 2006 Sheng Yue Gui was appointed CEO of Geely Automobile Holdings Limited (HKG:175). First, this article will… …read more […]

(Bloomberg) — Oil held its biggest decline in three weeks as Kuwait signaled a deal with Saudi Arabia to renew crude output along their border and U.S. shale explorers increased drilling.Futures were little changed in New York after falling 1.2% on Friday, the most since Nov. 29. The shared neutral zone, which has been shut for at least four years due to disputes between the two countries, can produce as much as 500,000 barrels a day. U.S. explorers last week boosted drilling by the most in almost two years, according to data from Baker Hughes Co. on Friday.Oil is up …read more […]

(Bloomberg) — Technology giants are increasingly designing their own semiconductors to optimize everything from artificial intelligence tasks to server performance and mobile battery life. Google has the Tensor Processing Unit, Apple Inc. has the A13 Bionic and Amazon.com Inc. has the Graviton2. What the titans all lack, however, is a factory to build the new chips they are dreaming up.Enter Samsung Electronics Co., which is planning a decade-long, $116 billion push for their business. The South Korean company is investing heavily in the next step in miniaturizing semiconductors, a process called extreme ultraviolet lithography (EUV). It’s by far the priciest …read more […]

Dec.22 — Christopher Nixon Cox, vice chairman for Asia Public Policy at BrightSphere Investment Group, talks about the disputes between the U.S. and China. Nixon Cox speaks with Shery Ahn and Paul Allen on “Bloomberg Daybreak: Australia.” …read more […]