Hong Kong Airlines, controlled by cash-strapped Chinese conglomerate HNA Group, must shore up its financial position by Dec. 7 or risk the suspension or loss of its license, the Hong Kong government said on Monday.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to… …read more […]
China’s factory activity showed surprising signs of improvement in November, with growth picking up to a near three-year high, a private sector survey showed on Monday, reinforcing upbeat government data released over the weekend.
(Bloomberg) — Mexican President Andres Manuel Lopez Obrador celebrated his first year in office touting his achievements in reducing inequality in the country, while defending an economy that fell short of targets.AMLO, as the president is known, said in a speech Sunday before thousands that his push to establish new cash aid programs for the elderly, unemployed youth and the disabled improved the quality of life in Mexico. He promised to further expand those programs and to boost economic growth after Mexico fell into a mild recession in the first half of 2019.“There still hasn’t been economic growth like we …read more […]
Dec.02 — Hong Kong is expected to record its first budget deficit since 2004 with the economy sustaining damage equivalent to 2 percentage points of output growth, Financial Secretary Paul Chan said. Stephen Engle reports on “Bloomberg Daybreak: Middle East.” …read more […]
Yields on 10-year Japanese government bonds on Monday rose to their highest in more than two weeks, ahead of an auction that could determine investor demand for the last month of the year. Benchmark 10-year JGB futures fell 0.33 point to 152.83, with a trading volume of 19,457 lots. The 10-year JGB yield rose 2.5 basis points to minus 0.060%, the highest yield since Nov. 14. …read more […]
Dec.01 — Rupal Agarwal, Asia Quantitative Strategist at Bernstein, talks about India’s economy and stocks. She speaks with Rishaad Salamat and Juliette Saly on “Bloomberg Markets: Asia.” …read more […]
Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year.
(Bloomberg) — Shares of India’s largest mobile phone service providers surged after they announced a raise in the cost of subscriptions to their plans, signaling a cut-throat price war in the nation may finally be easing.Bharti Airtel Ltd., the third-largest wireless carrier, said it will increase prices of its most expensive plan by as much as 41%, while Reliance Jio Infocomm Ltd., the biggest telecom company by subscribers in India, will boost tariffs by as much as 40% from Dec. 6. Vodafone Idea Ltd. also announced a new pricing plan for prepaid customers on Sunday, which would be effective Dec. …read more […]
As the U.S.-China trade war drags into its 16th month and continues to disrupt supply chains, more than one-quarter of multinational firms have not made contingency plans, showed a survey from a subsidiary of courier giant DHL.
Q3 2019 Chromadex Corp Earnings Call …read more […]
Global shares rose on Monday and oil rebounded after upbeat China manufacturing surveys and as investors clung to hopes Beijing and Washington could reach a compromise in trade talks.
Dec.01 — Peiqian Liu, China economist at Natwest Markets, talks about the outlook for the economy, policies, and the trade war with the U.S. China’s November manufacturing purchasing managers’ index rose to 51.8 from 51.7 in October, a report from Caixin Media and IHS Markit shows. Liu speaks with Tom Mackenzie and David Ingles on “Bloomberg Markets: China Open.” …read more […]
Dec.01 — Evan Brown, head of asset allocation at UBS Asset Management, explains why he favors European stocks. He speaks with David Ingles and Rishaad Salamat on “Bloomberg Markets: Asia.” …read more […]
Chef Daniel Calvert from Belon restaurant shows us how to make his speciality, Drunken Pigeon, a delicious French take on the Chinese classic – Shanghainese drunken chicken.
Like your cooking? Head over to https://www.scmp.com/cooking for all our latest recipes. …read more […]
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