83
83
Feb 14, 2020
02/20
by
BLOOMBERG
tv
eye 83
favorite 0
quote 0
back to you, haidi. haidi: sarah ponczek in new york.ng they just do not know how big the economic impact of the coronavirus will be. should this honesty be the new benchmark for policy communication? daniel moss joins us from singapore. it is nice to hear voices of certainty but we get the feeling that behind the scene, central bankers themselves are struggling to come up with the appropriate response. i am wondering, if as you say in your piece, agility or flexibility is really the new benchmark, how agile is monetary policy globally at the moment? suspect it's, i probably going to become quite agile. ist we are seeing right now kind of real-time thought bubbles from central bankers, who are inevitably asked about the impact of the virus, and you know, the response amounts to, look, we will have to get back to you on that one. there are various gradations of that. as, thatents strike us was candid. it isher -- other times, a little more coded. dare i say, this could be the new normal for a wild. whether it is a good thing or not, it is
back to you, haidi. haidi: sarah ponczek in new york.ng they just do not know how big the economic impact of the coronavirus will be. should this honesty be the new benchmark for policy communication? daniel moss joins us from singapore. it is nice to hear voices of certainty but we get the feeling that behind the scene, central bankers themselves are struggling to come up with the appropriate response. i am wondering, if as you say in your piece, agility or flexibility is really the new...
44
44
Feb 28, 2020
02/20
by
BLOOMBERG
tv
eye 44
favorite 0
quote 0
haidi: i am haidi stroud-watts.ng of trading in the china mainland and hong kong. 80,000 people now expected in nearly 50 -- infected in nearly 50 countries, the corona virus has pandemic potential. shery: the s&p 500 falling into the fastest congressional record. the fed is under pressure to act as recession fears rise. haidi: investors could seek solace in the most unlikely
haidi: i am haidi stroud-watts.ng of trading in the china mainland and hong kong. 80,000 people now expected in nearly 50 -- infected in nearly 50 countries, the corona virus has pandemic potential. shery: the s&p 500 falling into the fastest congressional record. the fed is under pressure to act as recession fears rise. haidi: investors could seek solace in the most unlikely
63
63
Feb 9, 2020
02/20
by
BLOOMBERG
tv
eye 63
favorite 0
quote 0
haidi: i am haidi stroud-watts. u.s.eekend as there were first signs of -- joining us to discuss is our financial services president. great to have you. a reminder to asian viewers about the wage and labor market numbers, let's go into the bloomberg. taking a look at wage growth, it did get above par. markets didn't really react. we had the s&p putting an end to the four-day winning streak. is there a sense after a few days of brushing off the virus concerns, global investors are starting to connect the dots when it comes to the financial -- potential real impact of the crisis and supply chains globally? >> yes. i think the coronavirus is a real immediate threat to pay attention to, to see how is that going to affect the global economy. we just saw that j.p. morgan slashed the chinese gdp numbers and goldman sachs is indicating 10 to 20 basis points coming off of global gdp as a result of the coronavirus. we don't know the full extent yet. even though we had those great jobs numbers, the immediate concern has been the co
haidi: i am haidi stroud-watts. u.s.eekend as there were first signs of -- joining us to discuss is our financial services president. great to have you. a reminder to asian viewers about the wage and labor market numbers, let's go into the bloomberg. taking a look at wage growth, it did get above par. markets didn't really react. we had the s&p putting an end to the four-day winning streak. is there a sense after a few days of brushing off the virus concerns, global investors are starting...
83
83
Feb 11, 2020
02/20
by
BLOOMBERG
tv
eye 83
favorite 0
quote 0
haidi. haidi: thank you.aking headlines about no-shows at this year's singapore air show. let's head back to the event. haslinda amin is there. there is concern the virus may impact travel and enhanced demand for aircraft. that's get perspective. we have the rolls-royce president of the southeast, asia-pacific, and south korea. great to have you with us. potential impact of the virus? >> as you can see at the air show, it is a reduced scale attendance. we have seen participation from our customers who have not suggested they will attend the conference but we will have continued conversation over the next few weeks. we have taken precautionary measures in singapore as well. it is the short-term impact. but we need to just manage that and pull up the guidelines as provided locally. haslinda: you take care of several regions. when you take a look at the regions you cover, which areas show the most potential? >> if you look at the last decade, year on year, it's been a 10% growth within southeast asia and aussie
haidi. haidi: thank you.aking headlines about no-shows at this year's singapore air show. let's head back to the event. haslinda amin is there. there is concern the virus may impact travel and enhanced demand for aircraft. that's get perspective. we have the rolls-royce president of the southeast, asia-pacific, and south korea. great to have you with us. potential impact of the virus? >> as you can see at the air show, it is a reduced scale attendance. we have seen participation from our...
352
352
Feb 25, 2020
02/20
by
BLOOMBERG
tv
eye 352
favorite 0
quote 0
haidi: thank you. still ahead, political turmoil in malaysia as mahathir quits and succession plans are called into question. political instability could be the new normal. coronavirusxt, shocks could bring the fed back to the table. bumpng out for a trump 2.0. this is bloomberg. ♪ global equity selloff continues in asia, particularly in japan. joining us for more analysis from hong kong is our guest from daiwa capital markets. great to have you with us. there is a sense that they coronavirus and the widening impact outside of china is really one of the greatest macro risks for uncertainty that we have had to contend with for some time. are we seeing the effect in the selloff? investors and the markets underpricing the potential for economic detriment? paul: that is a really great question and good morning. i think there are a couple of things here. first of all, we have seen markets locally price in quite a bit already. but i think what we have seen is that while on one hand, we've got -- on one hand,
haidi: thank you. still ahead, political turmoil in malaysia as mahathir quits and succession plans are called into question. political instability could be the new normal. coronavirusxt, shocks could bring the fed back to the table. bumpng out for a trump 2.0. this is bloomberg. ♪ global equity selloff continues in asia, particularly in japan. joining us for more analysis from hong kong is our guest from daiwa capital markets. great to have you with us. there is a sense that they coronavirus...
73
73
Feb 21, 2020
02/20
by
BLOOMBERG
tv
eye 73
favorite 0
quote 0
haidi: i am haidi stroud-watts in sydney.arket tries to shake off the virus-induced demand slump. the world's largest independent oil trader expects prices to recover to between $60 and $70 a barrel in the current coming months. russell hardy told us exclusively what impact he thinks the virus will have. the expectations of how long the virus might last and its long-lasting impact, people have probably been reducing their worst case scenarios over that period of time. the result has been that the market has chosen probably a slightly softer path, and therefore, a higher equilibrium and price and we are back to $60 today. 200 million barrels of demand loss has to be -- that means oil has to go into storage or supply has to respond to that to balance the market so we see quite a bit of rebalancing happening through supply cuts. this week, we have had obviously revenuentained -- tensions in venezuela. libya is pretty much at zero production today, zero exports today, so that is another significant supply impact. obviously, price
haidi: i am haidi stroud-watts in sydney.arket tries to shake off the virus-induced demand slump. the world's largest independent oil trader expects prices to recover to between $60 and $70 a barrel in the current coming months. russell hardy told us exclusively what impact he thinks the virus will have. the expectations of how long the virus might last and its long-lasting impact, people have probably been reducing their worst case scenarios over that period of time. the result has been that...
45
45
Feb 3, 2020
02/20
by
BLOOMBERG
tv
eye 45
favorite 0
quote 0
this is bloomberg. ♪ haidi: this is bloomberg markets. i am haidi stroud-watts.y ahn. let's get more on how markets will adjust pmi numbers. we got some from taiwan and south korea. joining us to digest the market is from societe generale. we are going towards the market opened today in china and we are expecting it to play catch-up to the global selloff. how bad could it be? >> it could be bad. we expect some selloff. the taiwanese market, the first sale of the year. area wed of big stance could always see some mitigating and one of them would be the national team, the government institution on the large ato avoid too selloff. we could see indiscriminate selloffs. how unfortunate is it when we have expected a rebound when it comes to the eco-numbers? manufacturing pmi has bottomed out. we have started to see the rebound. we are getting the news of the outbreak of coronavirus. how could that be for the economic recovery not to mention the impact? we have really three dimensions to look at the outbreak from a market point of view. shock.rt-term there is it is some
this is bloomberg. ♪ haidi: this is bloomberg markets. i am haidi stroud-watts.y ahn. let's get more on how markets will adjust pmi numbers. we got some from taiwan and south korea. joining us to digest the market is from societe generale. we are going towards the market opened today in china and we are expecting it to play catch-up to the global selloff. how bad could it be? >> it could be bad. we expect some selloff. the taiwanese market, the first sale of the year. area wed of big...
70
70
Feb 18, 2020
02/20
by
BLOOMBERG
tv
eye 70
favorite 0
quote 0
haidi: i am haidi stroud-watts.es continue to grapple with the impacts of the coronavirus, apple is the latest company to feel the pain. the iphone maker cutting it sales outlook and our next guest says this is the tip of the iceberg when it comes to earnings downgrade. joining us now is eleanor. great to see you. the good side is apple is getting ahead of this and being transparent, but is it really the issue? with so many economists trying to grapple the growth expectations for china, we really don't know at this point. eleanor: you are right. equities have been extremely resilient to this point and really not reflecting the true state of the demand destruction that i think is going on in china at the moment. they have chosen to focus on this dual cocktail of fiscal and monetary stimulus that they are expected to come through. if you think about it, when it comes to fiscal stimulus, if you are stuck at home were quarantined or your factor is still shut, no amount of personal tax cuts will be able to be spent withi
haidi: i am haidi stroud-watts.es continue to grapple with the impacts of the coronavirus, apple is the latest company to feel the pain. the iphone maker cutting it sales outlook and our next guest says this is the tip of the iceberg when it comes to earnings downgrade. joining us now is eleanor. great to see you. the good side is apple is getting ahead of this and being transparent, but is it really the issue? with so many economists trying to grapple the growth expectations for china, we...
59
59
Feb 11, 2020
02/20
by
BLOOMBERG
tv
eye 59
favorite 0
quote 0
haidi.nds land transport between the mainland and china as the government tries to stem the impact of coronavirus. the decision comes us governments take action to restrict travel cross-border links, with virus deaths topping 1000 and showing few signs of slowing. hong kong has already imposed quarantine curbs on mainland travelers. ♪ powell says rome policymakers are on high alert about the coronavirus outbreak and says he is ready to act if needed. addressing lawmakers on capitol hill, he says the coronavirus will have an impact on the u.s., the only questions the scope of the damage. how lads he remains optimistic about the u.s. economy. ♪ bernie sanders opens a commanding lead in the democratic presidential race, head of former vice president joe biden. ahead ofthe unit -- today's new hampshire primary, a monmouth university poll gives bernie sanders support from 25% of democrats nationally, a poll broadly in line with other surveys. low facesfinancier joe charges related to malaysia's 1
haidi.nds land transport between the mainland and china as the government tries to stem the impact of coronavirus. the decision comes us governments take action to restrict travel cross-border links, with virus deaths topping 1000 and showing few signs of slowing. hong kong has already imposed quarantine curbs on mainland travelers. ♪ powell says rome policymakers are on high alert about the coronavirus outbreak and says he is ready to act if needed. addressing lawmakers on capitol hill, he...
34
34
Feb 6, 2020
02/20
by
BLOOMBERG
tv
eye 34
favorite 0
quote 0
haidi: thank you so much for that. our mliv strategist.ollow all the trading action on our mliv blog on the bloomberg. you can get a market run down in just one click. there was commentary and analysis from our expert editors. find out exactly what is affecting your investments at every get -- any given point. the us trillion prime minister is speaking, announcing his cabinet reshuffle. specifically mentioning the coronavirus, saying it will have a significant impact on the economy. whoeard from the treasurer refused to commit to whether in the upcoming budget he rejects that australia will say in a budget surplus. he has spoken about the coronavirus causing detriment to the australian economy, to the tune of $1 billion a month as a result of lost tourism and international student numbers, and the ongoing bushfires as well as drought impact on the us trillion economy. a bit of a reaction in the aussie dollar. it was one of the out performers in the g10 overnight. let's get you the first word news now with ritika gupta. ritika: president ha
haidi: thank you so much for that. our mliv strategist.ollow all the trading action on our mliv blog on the bloomberg. you can get a market run down in just one click. there was commentary and analysis from our expert editors. find out exactly what is affecting your investments at every get -- any given point. the us trillion prime minister is speaking, announcing his cabinet reshuffle. specifically mentioning the coronavirus, saying it will have a significant impact on the economy. whoeard...
69
69
Feb 25, 2020
02/20
by
BLOOMBERG
tv
eye 69
favorite 0
quote 0
haidi: thank you.laysia's political power struggle as a rift between the prime minister and -- boils over. we will get some insights from kuala lumpur. coming up next, china has released its monthly survey of more than 500 chinese sme's. we will discuss the business conditions with the top china economist. this is bloomberg. ♪ haidi: this is "bloomberg markets: asia." i am haidi stroud-watts in sydney. -- highlighting the negative impact of the coronavirus outbreak. the sme i index from standard chartered fell to 40.5 in february, the lowest since the gauge was created in 2014. at spring in one of the economists who compiled that data. great to have you. what is the study of the latest results tell you then? that is borne out by our recent survey of sme's. as background, standard chartered launched the confidence index in the year of 2014. sentiment of the sme's, which by far, is the biggest job creator in china. it covers hundreds of enterprises in different locations and industries. we see it as a go
haidi: thank you.laysia's political power struggle as a rift between the prime minister and -- boils over. we will get some insights from kuala lumpur. coming up next, china has released its monthly survey of more than 500 chinese sme's. we will discuss the business conditions with the top china economist. this is bloomberg. ♪ haidi: this is "bloomberg markets: asia." i am haidi stroud-watts in sydney. -- highlighting the negative impact of the coronavirus outbreak. the sme i index...
46
46
Feb 18, 2020
02/20
by
BLOOMBERG
tv
eye 46
favorite 0
quote 0
haidi: i am haidi stroud-watts in sydney.w york. 2020 gdp growth estimates as governments around the world way the impact of the coronavirus outbreak. garcia is in hong kong. we are expecting the singaporean budget to come out today. they are pledging fiscal stimulus measures. how much power do they have to support their economies? it doesn't really mean they will use it. the numbers we have for singapore and the numbers that have been announced, barely 1% gdp. we don't have the numbers but we are not expecting anymore. really means that governments in asia are very cautious in singapore has announced that they will increase gdp to 9% close to i have seen the admission that china is because a structure is changing the economic picture for asia which thes that they need to keep bullets. they will make announcement, but that means a big fiscal deficit. we are heading to the deficit anyway. chaint about the supply across asia. especially this integrated production picture across asia. we are hearing apple will not be able to mee
haidi: i am haidi stroud-watts in sydney.w york. 2020 gdp growth estimates as governments around the world way the impact of the coronavirus outbreak. garcia is in hong kong. we are expecting the singaporean budget to come out today. they are pledging fiscal stimulus measures. how much power do they have to support their economies? it doesn't really mean they will use it. the numbers we have for singapore and the numbers that have been announced, barely 1% gdp. we don't have the numbers but we...
73
73
Feb 16, 2020
02/20
by
BLOOMBERG
tv
eye 73
favorite 0
quote 0
haidi: thank you for joining me.ng explains the alliance with nissan in 2020. this is bloomberg. ♪ loomberg. ♪ renault posted its fourth annual loss in a decade. tried to reassure investors by planning a review of chinese assets and exploring plans to cut costs. >> it has been a difficult year. to be honest, we suffered for many reasons. one reason being the markets. the markets have been tough. especially where we are strong, argentina, turkey, russia. and we also suffered for internal reasons. first, internal governance. it has not been a very nice trip over the last 12 months, but also high costs in r&d, for example. it's not such an efficient alliance. content in our car which we have not been able to fully price to the customer. is it going to get worse before it gets better? it will get worse in 2020 to be honest as we suffer from volatility in the market, from capex regulation. nevertheless, we are engaging in heavy reduction plans to rebound. today tonounced billion euros of cost cutting. details are going to
haidi: thank you for joining me.ng explains the alliance with nissan in 2020. this is bloomberg. ♪ loomberg. ♪ renault posted its fourth annual loss in a decade. tried to reassure investors by planning a review of chinese assets and exploring plans to cut costs. >> it has been a difficult year. to be honest, we suffered for many reasons. one reason being the markets. the markets have been tough. especially where we are strong, argentina, turkey, russia. and we also suffered for...
243
243
Feb 26, 2020
02/20
by
BLOOMBERG
tv
eye 243
favorite 0
quote 1
haidi: i'm haidi stroud-watts. we are counting down the open of trade. our top stories.uities continue to fall on fears of the spread of the coronavirus into europe and could cross into the atlantic. shery: the virus could spread in the u.s., but the fed's vice chair said it is too early to speculate on the outbreak's economic impact. haidi: a new investments in cash handouts. i hong kong prepares to delive
haidi: i'm haidi stroud-watts. we are counting down the open of trade. our top stories.uities continue to fall on fears of the spread of the coronavirus into europe and could cross into the atlantic. shery: the virus could spread in the u.s., but the fed's vice chair said it is too early to speculate on the outbreak's economic impact. haidi: a new investments in cash handouts. i hong kong prepares to delive
47
47
Feb 14, 2020
02/20
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
haidi? haidi: alright, we continue to watch alibaba.res continue to fall after the company warned the coronavirus would hurt revenue growth in the current quarter. the chinese e-commerce giant made the comments after reporting strong financial results for the december quarter. joining us now for more's peter elstrom in tokyo. asia, baba the first major tech during to announce -- tech giant to announce earnings during the coronavirus. other than the fact they are a macro bellwether for china, is that it seems to affect every part of the business. peter: yeah, it's interesting. alibaba is a bellwether, as you say. they work with millions of small businesses throughout the country. they touch lots of workers, lots of consumers also. and they're the first big tech company to report. it's interesting. they reported these results in the quarter in december, that were strong for both revenue and profit. during the conference call, they elaborated of virus is have -- the virus is having broader effects on the economy, changing how merchants ope
haidi? haidi: alright, we continue to watch alibaba.res continue to fall after the company warned the coronavirus would hurt revenue growth in the current quarter. the chinese e-commerce giant made the comments after reporting strong financial results for the december quarter. joining us now for more's peter elstrom in tokyo. asia, baba the first major tech during to announce -- tech giant to announce earnings during the coronavirus. other than the fact they are a macro bellwether for china, is...
153
153
Feb 20, 2020
02/20
by
BLOOMBERG
tv
eye 153
favorite 0
quote 0
haidi: let's bring in brandon.der impact across asia and the aviation sector, let's talk about want us. what do you make of some of the measures that have been taken so far in terms of cutting capacity and a hiring freeze? when we spoke to alan joyce about the worst case scenario, he kind of just said, more of the same. ask staffpotentially to take leave. is that something that all airlines should be considering? >> yes. is sensible.ve qantas' exposure to china and hong kong is smaller than airlines in asia. they can manage this a bit easier than airlines in asia. today, it sounds like a big number, but it is mostly hong kong and their china flight. the rest of asia is being cut very slightly. small outside the core of hong kong and mainland china. qantas has also reduced capacity , which is really a response to the week domestic economy rather than the virus. i think the cuts will continue for a few months. you could see bigger cuts potentially over an extension of the cuts depending on how the market evolves in t
haidi: let's bring in brandon.der impact across asia and the aviation sector, let's talk about want us. what do you make of some of the measures that have been taken so far in terms of cutting capacity and a hiring freeze? when we spoke to alan joyce about the worst case scenario, he kind of just said, more of the same. ask staffpotentially to take leave. is that something that all airlines should be considering? >> yes. is sensible.ve qantas' exposure to china and hong kong is smaller...
60
60
Feb 24, 2020
02/20
by
BLOOMBERG
tv
eye 60
favorite 0
quote 0
i am haidi stroud-watts. coronavirus create significant short-term uncertainty around m&a. it is difficult to predict a strong rebound in 2020. and ig us is david brown, suppose most others, you have been getting a good idea how sentiment will be affected beyond the end of this virus. i am actually optimistic. we see what is happening in the pipeline. the virus has, as you would expect, a significant impact on the negative activity, in mainland china over the two months of this year. but there are processes continuing and people can look beyond the virus. we hope things will improve. we expect to see a bounce at the back end of that. overall i am optimistic as you can be in the circumstances. haidi: which areas would you isolate as being vulnerable and where would you see resilience? whole scene in china has gone through a tough time. we just surveyed the m&a , and we saw a2019 significant decline in china m&a , down 15%. that was the lowest in five years, the lowest levels since 2014. if you look within, the
i am haidi stroud-watts. coronavirus create significant short-term uncertainty around m&a. it is difficult to predict a strong rebound in 2020. and ig us is david brown, suppose most others, you have been getting a good idea how sentiment will be affected beyond the end of this virus. i am actually optimistic. we see what is happening in the pipeline. the virus has, as you would expect, a significant impact on the negative activity, in mainland china over the two months of this year. but...
40
40
Feb 21, 2020
02/20
by
BLOOMBERG
tv
eye 40
favorite 0
quote 0
haidi: bloomberg scoop now.credit ceo has emerged as one of the main candidates for the top job at hsbc. sources telling us the french executive has been in talks with the bank, but the board is said to remain undecided. let's get more with david. why is he one of the top contenders at this point? and the to terry wilson rest of our colleagues for this big scoop. you have to feel a little bit for the interim ceo. he just announced his massive restructuring plan. they are already reporting who might replace him. boxesdit takes a lot of for hsbc. he came in four years ago and turned this bank around. he cut a lot of jobs. he cleaned up the balance sheet and was rewarded. unicredit is one of the best-performing banks last year in europe. i think hsbc and the board are thinking maybe he can take some of that magic, bring it over to london, and right the ship. noel quinn has made it clear that he's not thinking of going anywhere, so why isn't he getting the job? >> he certainly is still being considered. said, ioctob
haidi: bloomberg scoop now.credit ceo has emerged as one of the main candidates for the top job at hsbc. sources telling us the french executive has been in talks with the bank, but the board is said to remain undecided. let's get more with david. why is he one of the top contenders at this point? and the to terry wilson rest of our colleagues for this big scoop. you have to feel a little bit for the interim ceo. he just announced his massive restructuring plan. they are already reporting who...
45
45
Feb 18, 2020
02/20
by
BLOOMBERG
tv
eye 45
favorite 0
quote 0
haidi: all right, thank you so much for that. hong kong retail the session.ing home prices are resilient. how long will that last? more analysis next. this is bloomberg. ♪ look atet's take a asian markets. lost some momentum from the gains of previous days. ,hinese markets have regained recouped some of those losses since the lunar new year holiday. the hang seng traveling lower by 1.3 percent. over on the mainland, the shanghai composite up i about 0.4%. we have seen some gains in small caps. really painting a picture of caution across the region, even as we see a little bit of a stabilization in the numbers of virus cases reported out of china. shery: let's turn to hong kong's retail sector. it could stage a walkout in a bid to press landlords for rent reductions. a report citing unidentified people saying that more than 200 retail shops and 50 brands plan to go on strike tuesday as the city begins to grapple with the impact of months of protests, and now the coronavirus outbreak. amid all the turmoil, hong kong's home prices a
haidi: all right, thank you so much for that. hong kong retail the session.ing home prices are resilient. how long will that last? more analysis next. this is bloomberg. ♪ look atet's take a asian markets. lost some momentum from the gains of previous days. ,hinese markets have regained recouped some of those losses since the lunar new year holiday. the hang seng traveling lower by 1.3 percent. over on the mainland, the shanghai composite up i about 0.4%. we have seen some gains in small...
62
62
Feb 24, 2020
02/20
by
BLOOMBERG
tv
eye 62
favorite 0
quote 0
haidi: how much more upside for gold, then?e started this year with a risk case for gold at around 1700 an ounce. we are getting pretty close to that risk case. at these current levels, it would be suggesting that earnings growth, etc. in assets will come under material pressure again any second quarter. we do not think that is the case at this stage. although there is risk that it takes longer to work its way through. we do not think that the impact extent into the third quarter in particular. gold is probably reflecting those sort of risks. not only that, but gold has been rallying again against a very strong dollar. so, consequently, as we begin to sks around the virus begin to dissipate, you are going to see that rotation back out of what has been a push into u.s. assets, rotate back into emerging market assets, where yields are higher. that would put gold under pressure in the second half of this year. that being said though, we do not see gold as tracking back to largely we saw in 2019, because u.s. interest rates are exp
haidi: how much more upside for gold, then?e started this year with a risk case for gold at around 1700 an ounce. we are getting pretty close to that risk case. at these current levels, it would be suggesting that earnings growth, etc. in assets will come under material pressure again any second quarter. we do not think that is the case at this stage. although there is risk that it takes longer to work its way through. we do not think that the impact extent into the third quarter in particular....
64
64
Feb 19, 2020
02/20
by
BLOOMBERG
tv
eye 64
favorite 0
quote 0
haidi: thank you so much for joining us.sure to keep up to date on this developing coronavirus story. you can run the function on your bloomberg and find our quicktake learning page. headlines from the bloomberg news room as well as how specific companies may be exposed. this is bloomberg. ♪ shery: here's a quick check of the markets -- we are seeing broad outside pressure for markets across asia. we are seeing the hang seng index gaining .5% after falling the most in two weeks. asia shares also rising the most in about a week while the nikkei is up .7%. only small caps seem to be falling at the moment. coming up, virus pressure on asian economies continues to rise with hong kong facing recession. this is bloomberg. ♪ p.m. in hong kong , we start with the death toll of the coronavirus. it's exceeded 2,000 with beijing reporting another 136 deaths nationwide this brings the total to 2,004. 132 of those new deaths were in the province at the ep center of the virus. that was the lowest number of additional cases in a single day
haidi: thank you so much for joining us.sure to keep up to date on this developing coronavirus story. you can run the function on your bloomberg and find our quicktake learning page. headlines from the bloomberg news room as well as how specific companies may be exposed. this is bloomberg. ♪ shery: here's a quick check of the markets -- we are seeing broad outside pressure for markets across asia. we are seeing the hang seng index gaining .5% after falling the most in two weeks. asia shares...
57
57
Feb 7, 2020
02/20
by
BLOOMBERG
tv
eye 57
favorite 0
quote 0
haidi: commodities real from the latest blow. widespread implications for the global economy. shery: a death rate decline. we speak to china's ambassador to the european union. ♪
haidi: commodities real from the latest blow. widespread implications for the global economy. shery: a death rate decline. we speak to china's ambassador to the european union. ♪
42
42
Feb 28, 2020
02/20
by
BLOOMBERG
tv
eye 42
favorite 0
quote 0
haidi: what does that mean for issuance?e have seen companies going to market even in the last few days. neeraj: i think issuance is going to slow down. credit markets is from a technical side in terms of supply, it is self correct. volatility going up, the equity market is picking up a lot. issuance to slow down in the coming weeks specifically for the high-yield credit. there is a lot more cautious attitude from investors in the market. marketse are seeing the laser focused on every coronavirus headline. ignoring someps other remaining issues out there such as geopolitical risk or the fact that the trade war has caused but not necessarily over? -- the trade war has paused but not necessarily over? neeraj: this is probably the most important issue that people need to understand. but it has a low level of predictability. it is an unknown for investors. i would not underestimate the risk of geopolitical issues. the u.s. politics is picking up. over the course of the coming weeks and months, the markets will move to the other
haidi: what does that mean for issuance?e have seen companies going to market even in the last few days. neeraj: i think issuance is going to slow down. credit markets is from a technical side in terms of supply, it is self correct. volatility going up, the equity market is picking up a lot. issuance to slow down in the coming weeks specifically for the high-yield credit. there is a lot more cautious attitude from investors in the market. marketse are seeing the laser focused on every...
47
47
Feb 17, 2020
02/20
by
BLOOMBERG
tv
eye 47
favorite 0
quote 0
this is bloomberg. ♪ haidi: let's take a look at the markets.n, a little bit of strengthening when it comes to onshore yuan trading against the u.s. dollar after a number of money market operations by the po boc -- we are seeing a bit of movement to the upside when it comes to trading in the onshore. smaller than expected injection by the pboc, suggesting rates may stay range bound from here. lots more to come. theill be speaking with fidelity director of investment next. this is bloomberg. ♪ . this is bloomberg. ♪ beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. >> it is 10:29 a.m. in hong kong and shanghai. i'm su keenan with the first word headlines. we start with the number of confirmed coronavirus cas
this is bloomberg. ♪ haidi: let's take a look at the markets.n, a little bit of strengthening when it comes to onshore yuan trading against the u.s. dollar after a number of money market operations by the po boc -- we are seeing a bit of movement to the upside when it comes to trading in the onshore. smaller than expected injection by the pboc, suggesting rates may stay range bound from here. lots more to come. theill be speaking with fidelity director of investment next. this is bloomberg....
54
54
Feb 5, 2020
02/20
by
BLOOMBERG
tv
eye 54
favorite 0
quote 0
haidi: let's get more on our top story. the coronavirus death toll nearing 500 now. the province of the center of the outbreak reporting yet more fatalities. this as larry kudlow says the export boom that was expected due to the phase one trade deal with china will be delayed due to the impact of the virus. our china correspondent selina wang joins us from beijing. it has been two weeks since beijing conducted the lockdown of these major cities. are we starting to get a feel that we will see whether it has been successful in clipping down the amount of transmission? >> no word yet, but it is important to put some context. 23,000 cases now, nearly 500 deaths. more than 680 people have been cured. despite fears and more cases reported outside of china, the vast majority of the coronavirus cases are still concentrated in i province.e there are more cases there than in all of china put together. the 490 deaths, just about a dozen are outside of hubei and two are outside of china. those numbers probably underestimate the situation inside. chinese and foreign media reporti
haidi: let's get more on our top story. the coronavirus death toll nearing 500 now. the province of the center of the outbreak reporting yet more fatalities. this as larry kudlow says the export boom that was expected due to the phase one trade deal with china will be delayed due to the impact of the virus. our china correspondent selina wang joins us from beijing. it has been two weeks since beijing conducted the lockdown of these major cities. are we starting to get a feel that we will see...
83
83
Feb 10, 2020
02/20
by
BLOOMBERG
tv
eye 83
favorite 0
quote 0
haidi: interesting the slight shift we're seeing.e'll get more on the top story, the death toll on the coronavirus has reached 910 as voices growing concern over the spread of the d's from people with no travel history to china. the pboc is stepping up efforts to support businesses hit by the outbreak. let's bring in yvonne man, who's in hong kong, and selena wang in beijing. take us through this latest development. when you look at what economists is looking at, what the who saying, they say it could be the tip of the iceberg and everyone is watching transmissions and infections outside of china now. yvonne: right, and you mentioned the death toll now at 910, at least 40,000 cases reported around the world, and both of those numbers now have surpassed what we saw back in 2003 during the sars epidemic. we saw fresh cases in the likes of singapore, japan, and europe. there's a case of a super spreader after we saw cases in france, spain, and the u.k. britishces back to a man who attended a conference in singapore and came into contact
haidi: interesting the slight shift we're seeing.e'll get more on the top story, the death toll on the coronavirus has reached 910 as voices growing concern over the spread of the d's from people with no travel history to china. the pboc is stepping up efforts to support businesses hit by the outbreak. let's bring in yvonne man, who's in hong kong, and selena wang in beijing. take us through this latest development. when you look at what economists is looking at, what the who saying, they say...
106
106
Feb 12, 2020
02/20
by
BLOOMBERG
tv
eye 106
favorite 0
quote 0
tom: haidi: haidi: between -- between the coronavirus and central-bank action, what are investors focusedto attention to. liquidity is very important, we know the pboc is pumping chinese markets would liquidity. we have seen the fed in the , thed states taking action repo markets however, they have been adding to assets on their balance sheet, so coronavirus --y rotten center right now very front and center right now. we need confirmation that the growth rate is slowing coming we may hit a peak later this month and we will get economic data that will encompass the coronavirus levels, and you can see mainland chinese stocks down 3% for the year but still roughly 6% off free coronavirus level highs, so we have a ways to go to make up ground. on top of that, politics being very much paid attention to, particularly in the u.s. as we await results from the new hampshire primary. and also central banks, we have for german jerome powell and we also heard from the reserve bank of new zealand. chairman jerome powell and we also heard from the reserve bank of new england. bank ofere is what the new
tom: haidi: haidi: between -- between the coronavirus and central-bank action, what are investors focusedto attention to. liquidity is very important, we know the pboc is pumping chinese markets would liquidity. we have seen the fed in the , thed states taking action repo markets however, they have been adding to assets on their balance sheet, so coronavirus --y rotten center right now very front and center right now. we need confirmation that the growth rate is slowing coming we may hit a peak...
37
37
Feb 23, 2020
02/20
by
BLOOMBERG
tv
eye 37
favorite 0
quote 0
haidi: konta shares are surging in sydney after the latest earnings provided a sense of resilience.spoke exclusively to the qantas ceo. >> we are publishing data at the end of may. we are keeping flexibility. that will be the equivalent of grounding six aircraft and having 700 too many people, but we are managing that by asking people to take pay cuts. our earnings will continue the way they are and we will extend that out until june. shery: let's turn to walmart because shares are gaining ground after the retailer posted lackluster holiday sales, suffering the same fate as target and five below. still, investors remain confident in the walmart forecast. >> we kind of knew that the holiday was not going to be that great for walmart, especially after target disappointed. walmart said many similar things today, there was not excitement in the aisles like apparel and toys, but the full-year forecast was resilient. and we have to remember that walmart is a resilient company. full-year sales and profit guidance is shy of estimates but enough to keep investors happy. and remember, the u.s
haidi: konta shares are surging in sydney after the latest earnings provided a sense of resilience.spoke exclusively to the qantas ceo. >> we are publishing data at the end of may. we are keeping flexibility. that will be the equivalent of grounding six aircraft and having 700 too many people, but we are managing that by asking people to take pay cuts. our earnings will continue the way they are and we will extend that out until june. shery: let's turn to walmart because shares are...
44
44
Feb 16, 2020
02/20
by
BLOOMBERG
tv
eye 44
favorite 0
quote 0
haidi: special measures to combat the coronavirus outbreak with the first batch of free lending funds to start today. what is the intended effect and who does it go to? enda: it is an emergency member by the pboc and what they want to do is to get nine banks to speed up the lending process to companies that need cash most. those companies that are being most hit by the impact of the coronavirus. it is another one of these cases where we are not talking yet about all out stimulus, but it adds onto the narrative they have shifted from worried about too much debt and are now focusing on growth stabilization. they have taken steps to shore up financial markets and this is one of their micro steps to get money into the real economy. kailey: it is now official. t-mobile has approval for its takeover of sprint. a regular monthly subscriber base of 80 million, in the same league as at&t. jennifer: it was an unusual decision, because rather than taking each of the company's defenses to what was perceived as an anticompetitive deal, based on their combined market shares, and based on what we ca
haidi: special measures to combat the coronavirus outbreak with the first batch of free lending funds to start today. what is the intended effect and who does it go to? enda: it is an emergency member by the pboc and what they want to do is to get nine banks to speed up the lending process to companies that need cash most. those companies that are being most hit by the impact of the coronavirus. it is another one of these cases where we are not talking yet about all out stimulus, but it adds...
37
37
Feb 29, 2020
02/20
by
BLOOMBERG
tv
eye 37
favorite 0
quote 0
haidi: crisis meeting with top security officials after an airstrike left 33 turkish troops dead in syria deadliest yet. tensions between russia and turkey at an all-time high. turkey is now turning towards nato and the eu looking for support, because they are not keen to jump into such a hot conflict in syria. we also have a refugee crisis. hundreds of thousands of syrians now trying to flee idlib and heading towards turkey. and now the turkish president, erdogan is saying he , may have to open its borders with europe unless the refugees. it would be an absolute political crisis for european leaders. so, as you said, 33 turkish troops killed in syria, and the crisis is nowhere nearing an end. let's take a look at : what's going on with jp morgan, because it had its annual investor day, with pitching to investors. what was your big take away? >> it was a long day of granularity in the businesses. some are not going to see skyhigh margins as the management wants to be investing, but they highlighted growth areas. they said u.s. wealth was going to be big. the investment bank is another pla
haidi: crisis meeting with top security officials after an airstrike left 33 turkish troops dead in syria deadliest yet. tensions between russia and turkey at an all-time high. turkey is now turning towards nato and the eu looking for support, because they are not keen to jump into such a hot conflict in syria. we also have a refugee crisis. hundreds of thousands of syrians now trying to flee idlib and heading towards turkey. and now the turkish president, erdogan is saying he , may have to...
53
53
Feb 11, 2020
02/20
by
BLOOMBERG
tv
eye 53
favorite 0
quote 0
haidi: even as we have new cases being confirmed, outside of china, this is where most economists and analysts and medical personnel are looking to see how serious the contagion is. we just heard of the 15th case in vietnam. we are getting more numbers out of hong kong and doubling numbers on that cruise ship off the coast of japan. we are seeing quite a lot of positivity on the markets. as investors look beyond that, perhaps getting ready for earnings season and looking at the robust economy in the u.s. as well. we are seeing asian stocks pushing up higher. shery: we are seeing emerging-market currencies leading the gains. the taiwanese dollar is leading the japanese yen, seen as a safe haven is under a little pressure. we did get those positive numbers out of south korea. 70% year-over-year in the first 10 days of this month. let's get the latest on the market action with sarah. >> we continue to see green across the screen. is an extension of the risk rally. sang -- hans hen saying is up 20%. both of them are seeing higher than average volume. if you look at the korean coffee, it i
haidi: even as we have new cases being confirmed, outside of china, this is where most economists and analysts and medical personnel are looking to see how serious the contagion is. we just heard of the 15th case in vietnam. we are getting more numbers out of hong kong and doubling numbers on that cruise ship off the coast of japan. we are seeing quite a lot of positivity on the markets. as investors look beyond that, perhaps getting ready for earnings season and looking at the robust economy...
59
59
Feb 7, 2020
02/20
by
BLOOMBERG
tv
eye 59
favorite 0
quote 0
." ♪ haidi: our top stories this toll fromthe death coronavirus continues to rise.for stoking panic.
." ♪ haidi: our top stories this toll fromthe death coronavirus continues to rise.for stoking panic.
65
65
Feb 3, 2020
02/20
by
BLOOMBERG
tv
eye 65
favorite 0
quote 0
haidi: the commodities benchmark also take a huge hit, dropping by the day. is the biggesta consumer of raw material, not looking good at all for the markets. 3.5 trillion dollars have been wiped out from the global markets in just two weeks and the pain continues. shery: it seems to be that everyone we speak to talks about when this will end since we have no real expectation of when the outbreak could peak. this is really concerning all market participants. let's get straight to the action and david in hong kong. sarah.start with you, this is really a bad picture across equity markets in asia. it's interesting to see the contrast with u.s. futures. reporter: it's pretty unbelievable, and not even just u.s. futures. the hong kong hang seng as well. the china picture is very ugly, but i should add they were already paring much of the loss we had seen. 9% csi 300 down more than and down less than 7% still. a loss of almost 7%, very steep, but not what we saw immediately. it seems like there is a sense to want to jump back. they got out, they wanted to get on fr
haidi: the commodities benchmark also take a huge hit, dropping by the day. is the biggesta consumer of raw material, not looking good at all for the markets. 3.5 trillion dollars have been wiped out from the global markets in just two weeks and the pain continues. shery: it seems to be that everyone we speak to talks about when this will end since we have no real expectation of when the outbreak could peak. this is really concerning all market participants. let's get straight to the action and...
76
76
Feb 12, 2020
02/20
by
BLOOMBERG
tv
eye 76
favorite 0
quote 0
haidi: i'm haidi stroud-watts.xtraordinary numbers we are hearing released from the national health commission in china. hubei province, the epicenter of the coronavirus, reporting 202 caps on february 12. the total death toll at 1310. it is really these new confirmed cases that are really causing the market reaction we are seeing. diagnosis standards for coronavirus cases. we are seeing this spike of 14,840 new cases. shery: yeah, you have to really wonder about the market impact. we are already seeing the reaction with risk assets moving around, with safe havens gaining ground. as you said, it was the optimism that perhaps the infection had been slowing down. just yesterday, we said hubei province reported the lowest number of virus cases this month. now we are seeing the methodology has been changed and all of a sudden we have a higher number of cases. just to put a positive spin amid all of the bad news when it comes to the virus infections, patientss the 3441 have been discharged. haidi: that is some good news
haidi: i'm haidi stroud-watts.xtraordinary numbers we are hearing released from the national health commission in china. hubei province, the epicenter of the coronavirus, reporting 202 caps on february 12. the total death toll at 1310. it is really these new confirmed cases that are really causing the market reaction we are seeing. diagnosis standards for coronavirus cases. we are seeing this spike of 14,840 new cases. shery: yeah, you have to really wonder about the market impact. we are...