Jan.13 — Steven Pan, executive chairman of Silks Hotel Group and Formosa International Hotels, talks about the outcome of Taiwan’s elections, and the implications for the economy. Pan speaks with Stephen Engle on “Bloomberg Markets: Asia.” …read more […]
Jan.13 — Xie Dong, chairman and chief science officer of Frontier Biotechnologies, a Chinese clinical-stage drug developer that focuses on HIV treatments, discusses the company’s business, outlook and its plan to list shares. He speaks on the sidelines of UBS Greater China Conference with Tom Mackenzie on “Bloomberg Markets: China.” …read more […]
Asian shares shook off a quiet start to reach new 19-month highs on Monday ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see the details of the agreement.
Walmart Inc , the world’s largest retailer, has fired 56 of its India executives including eight from senior management, Krish Iyer, President and CEO of its India unit, said on Monday.
Bitcoin’s intrinsic value (an estimate of the actual true value) is still below market price, according to JPMorgan. “The gap has not yet fully closed, suggesting some downside risk remains,” said JPMorgan strategists led by Nikolaos Panigirtzoglou (MD for Global Market Strategy) in a note published Friday, as reported by Bloomberg. The market price of […]The post Bitcoin’s intrinsic value remains below market price, ‘suggesting some downside risk’ – JPMorgan appeared first on The Block. …read more […]
Jan.13 — Finance Secretary Carlos Dominguez talks about the actions the government is taking as a volcano is erupting just 40 miles from Manila. He speaks with Haslinda Amin and Rishaad Salamat on “Bloomberg Markets: Asia.” …read more […]
Jan.13 — Paul Ryan, head of international finance division at the Ireland Department of Finance, discusses the relationship between Ireland and Hong Kong, Ireland’s tech sector and his thoughts on Brexit. He speaks on “Bloomberg Markets: Asia” from the sidelines of the Asia Financial Forum in Hong Kong. …read more […]
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put… …read more […]
Consumer lending is expected to propel profits for big U.S. banks when they unveil fourth-quarter results this week, though stress in corporate lending and uneven capital markets may cast a shadow over results.
The Reserve Bank of India (RBI) bought a net $6.93 billion in the foreign exchange market in November, marginally below the $7.1 billion it had purchased in the previous month, the monthly bulletin showed. In the forwards market, the RBI said it had a net outstanding sell position of $6.1 billion as of end-November, down from $7.47 billion at the end of the previous month. The central bank did not buy or sell any currency in the futures market, the bulletin showed. …read more […]
Ford Motor Co’s China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.
China’s BYD Co Ltd said on Monday it has appointed Kevin Wale, former General Motors (GM) China President, as a senior adviser to the electric car maker’s chairman.
(Bloomberg) — Shares of Chinese electric-vehicle makers including Warren Buffett-backed BYD Co. jumped after the government signaled it won’t continue reducing subsidies for the industry at the same pace this year.Miao Wei, the minister for industry and information technology, told an audience in Beijing on Saturday EV-purchase subsidies won’t be cut July 1, like they were on that date last year.“Please rest assured. There wont be a further cut on July 1 this year,” Miao said in a speech at an industry forum. The audience, which included representatives from major automakers, was thrilled enough to applaud.Though the minister later clarified …read more […]
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