the yuan fix remains tight. plays, this is a -- we are also keeping an eye on property stocks. china property sectors -- property starts getting a lift. on the back of cities removing the restrictions on sales, lifting sentiment at the same time. as china goes to lunch, japan is back from lunch. the nikkei two to inching upwards. up by .5%. front and center it is about the yen and when we might see intervention or might we see the boj intervene. the nikkei to 2-5 up .5%. topix is also up. and it is also a busy week for earnings in japan. take a look at some of those that we are tracking. japanese earnings with a focus on automakers. nissan swinging. it post a forecast that beat expectations. honda investors will be watching for strong profit guidance for the fiscal year after a robust fourth-quarter. analysts expect a share buyback. mazda boosting its operating income guidance for the year earlier this week. mazda down 2.3 and honda lower by .5%. a singapore lender first quarter profit beat estimates. and it mad

bear in mind, the yuan has been lackluster. inflation or lack thereof in china helping boost exports as well. we're live at the capital markets forum in hong kong. hear why the new ceo of the stock exchanges bullish about their ipo pipeline. that exclusive conversation coming right up. keep it here with us. this is bloomberg. ♪ i can't believe you corporate types are still at it. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, that's so rock roll. it is, right. he gets it. yeah. (♪♪) (♪♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund i

and for that, they need a weaker yuan. but if they were to go for a measured devaluation, that g7 narrative against china's export push could get even stronger so he could bite them back a lot harder, so they have to be a bit more careful around their policy on the yuan and i expect a very stable outcome there. haslinda:. haslinda: i wonder if it is justified for the yuan to be lower from here? you talked about the trade tensions, g7 finance ministers calling out china's trade policies. we also have underwhelming support for the economy. property will support notwithstanding. it doesn't justify a weaker currency? charu: fundamentally, yes. from a yield differential's perspective and from the perspective of the fact that the chinese central bank is more darvish. . they are still in deflation and they need support for the economy. given they want to push the export engine, it makes sense for a weaker yuan. but they don't want to trade tensions to bite them even harder at this stage, so i don't see a rapid acceleration there

yuan at the moment because then the cost of chinese goods, well, due to the demand for yuan, may increase and they will cease to be competitive in the market. as well as indian ones, that's why the issue of the so-called economic security for each country in ensuring the supply chains of the necessary high-tech industries or the so-called industries for which countries, for example, the netherlands, they print there a special printing for the netherlands, not many people know about it, but in high technology almost like taiwan , because they do such special printing for processors, which is the first in the world. and in order to produce it, all the same raw materials are needed, that is, the final product according to the netherlands, so everything that the european union and the united states are doing now states, it ensures the supply of these important elements for their economies, until they are convinced that it will be ensured, until then they will not completely tear or, that is, mr. vadim, this happened yesterday literally after.. jay sen, the finance ministers, they are having a

and finally, the yuan’s share in settlements through the international interbank the swift system hasbled in size in a year. in april , it accounted for 4.5% of all payments through swift. at the same time, the maximum rate in the entire history of observations was reached in march , almost 4.7%. the most popular currency for payments remains the dollar with a share of 47% of all global payments, the euro accounts for 22.5%. that's all the economic news for this hour, good luck in your business and see you later. the morning broadcast on tv channels belarus 1 and belarus 24 continues with the program “zone x”. i'm yuri shevchuk, hello. two creative people were detained in the capital, worked in a specific genre of video hosting. the ladies created. content and then sold it on the internet on paid platforms.

let's take a look at the yuan as well, the offshore yuan strengthening as well a little bit against theenback. we've seen a bit of relative strength for the yuan. the aussie dollar shown a little bit of strength. let's get back to neeraj seth, cio and head of apac fundamental fixed income at blackrock, still with us. it is a public holiday in japan. history suggests that this is when the ministry of finance and bank of japan like to do their thing in terms of intervention. and we've got the u.s. jobs report coming in a few hours as well. is the time ripe to have another run at defending the yen? neeraj: i think it is certainly something that was in the discussions for the last at least few weeks as the yen was weakening. there is clearly the intervention, obviously, from the ministry's standpoint to actually stabilize. taking a step back, if i look back last couple of years, we have the intervention back in september and october of 2022. one thing that fundamentally one needs to think about, the intervention can slow down the direction of travel or temporarily change the direction of tr

so, the following rates have been established: dollar 3 rubles, 24 kopecks. 10 yuan at auction gave 4xchange rate according to the national bank is 3 rubles 46 kopecks. this is an area of ​​interest, now a short advertisement, later in the program. our industry, sustainable development and new ambitious plans. deputy prime minister parhomchik about the main components of success today and tomorrow. and a good tradition, the updated honor board was solemnly opened in minsk. how to get on the list? it’s very difficult for a small instrument to achieve such a balance of sound, we know, leave a bright performance, and you take a fragile young girl of 2-3 kg, and you need a whole performance, she plays, works, dances, holds her hand this way and that, so you pump up, and so on , you still feel that this is a puppet theater artist, once upon a time, well, when perhaps we will have... the source of life organization was established, its task was to stimulate an increase in the birth rate of true aryans, as well as to increase the german population by labeling children from slavic peoples, ch

the euro, the aussie dollar, and the offshore yuan.gregate, the question is really where we go next for the japanese currency as well is after we had perhaps two different periods of intervention following over the course of last week by japanese government officials. but perhaps we could see the yen weakening quite a bit further from here down to around 165 perhaps by the end of the year. that is a call from our next guest who is one of bloomberg's top ranked forecasters for the yen. alvin tan. alvin, talk us through your call, and why do you see the yen weakening again from here? alvin: well, thank you. first of all, i should emphasize the yen forecast was key. in terms of our young forecast we remain relatively negative on the yen. i say relatively because certainly there has been significant intervention year to date. but given the rate differential between the u.s. dollar and the japanese yen, the dollar-yen is likely to move up from here again. and retest 160 level as a baseline forecast. the risk is it breaks through that and go

the russian ruble has risen in price, the dollar and yuan have fallen in price. for an american dollar they ask for 3 rubles 20 kopecks. euro according to... from the national bank 3 rubles 46 kopecks. 10 yuan costs 4.39. 3 rubles 56 kopecks asking for 100 russian rubles. and finally, the emirates are introducing ten-year environmental visas. the uae cabinet of ministers approved this decision, citing the desire to preserve the environment. so-called blue visas will be issued to foreigners who protect both the marine and terrestrial environment, as well as develop technologies to improve sustainability and air quality. this was the news of the economy, successful transactions for you and productivity in business. see you. the morning broadcast continues with crime news. hello. the student turned out to be too capable. in minsk , students from one of the universities were detained; she combined her studies and work as a webcam artist. a twenty-three-year-old girl filmed an intimate video for money. this part-time job was offered to her by a man with whom she start

for 10 yuan at auction they gave 4 rubles 38 kopecks. 3.57 costs 100 russian rubles. euro exchange rate according to the national bank is 3 rubles 46 kopecks. during the slavic bazaar festival, the belarusian railway has appointed additional trains from july 8 to july 16. vitebsk-moscow and minsk-vitebsk. the schedule has been compiled taking into account festival program so that passengers can arrive in the city in time for the evening concert program, and after it ends they will go back home by direct night train. a single tourism portal will appear in russia with data on hotels, guides, attractions and restaurants. based on them, they plan to create software for generating complex travel offers based on user requests. supposed. that participants in the tourism services market will be visible, including using a unified biometric system to increase market transparency and safety, and artificial intelligence technology will help create packages for tourists. this was the economic news, good mood to you and see you on the air. the morning broadcast continues with the p

and we think the one trillion yuan offshore long could be a way to help. we think it needs more action, more than that. paul: bloomberg economists david qu in hong kong. subscribers can read more of their bloomberg intelligence deep dive into china's economy on the bloomberg terminal. let's take a quick look at the week ahead. it is for to be a big week for the global economy. key data coming out from the u.s. and china. bloomberg economics expects april's u.s. cpi and ppi numbers to show a marginal improvement for march. they see core cpi moderating, and the headline figure rising due to higher gasoline and food prices. here in asia china is going to be releasing more economic data on friday. that is set to show a production rebound. the pboc also expected to keep its one year mlf rate unchanged wednesday to avoid further you on weakness. let's get more on markets. bring in our first guest, who thinks the dollar will stay strong. and she only expect one rate cut from the fed this year. joey to his head of asia fx research, who joins us from singapore. tha

for 10 yuan at auction they gave 4 rubles 42 kopecks. 3.50 costs 100 russian rubles. euro exchange rate according to the national bank is 3 rubles. 50 kopecks. this. this is an area of ​​interest, now a short advertisement, later in the program: how business evaluates legal innovations and how plans further work, we talked about their interest, together with the ministry of justice , we will tell you step by step what needs to be done to seamlessly transfer your personal income to a legal entity. opponent analysis. working on mistakes and choosing the right strategy for the match. athletes have to work very hard to become a champion; they know exactly what success is on sports grounds. but still, what does it feel like to become a champion? emotions subside, and there is already some realization that we have actually achieved such a significant goal for both the club and the fans. but what is the result will be in a real battle of intellect. what is the name of the gymnastic apparatus? where two parallel crossbars are installed at the same height, vlad bars, bars, abs

correct to say that bilateral trade now amounts to about 20 trillion rubles, or almost 1.6 trillion yuana has been our main business partner for 13 years, and russia in 2023 immediately rose to fourth place in the ranking of china’s commercial counterparties. since 2010, china has been russia’s leading trading partner; the volume of trade turnover in the twenty -third year was almost $228 billion, which is an increase of more than 23% compared to the year before. the overwhelming number of settlements between russia and china are carried out in national currencies. in the last couple of months, however, certain difficulties have arisen with large chinese banks. the threat of secondary sanctions from the west is taking its toll, but experts are confident. that solutions can be found, several options are being discussed: the creation of a russian-chinese bank that does not have business in third countries and, accordingly , is not sensitive to sanctions; the possibility of increasing clearing operations in the ruble-yuan pair is also being discussed here, except in addition, perhaps some d

our ruble has strengthened against the dollar and yuan.ng exchange rates were established: dollar 3 rubles 19. for 10 yuan at auction they gave 4 rubles 38 kopecks. 3.57 costs 100 russian rubles. and the euro exchange rate according to the national bank is 3 rubles 46 kopecks. belarus is a leader among the cis countries in terms of information and communication technologies technologies, and therefore new requirements for infrastructure, its reliability and technological solutions. the chiba international exhibition in early june will once again show the latest achievements of enterprises in the field of digital technology, after all. the future begins today, as the national operator beltelecom is convinced. a variety of business solutions, the smart city concept, testing of new high-speed data transmission technologies and even charging for electric vehicles, a digital ecosystem and new areas of activity. veronica buta asked about development enterprises. beltelecom today is far from just communication services. what else are you doing? y

loans have already been issued in yuan, 68% of deposits, that is, the yuan is becoming a convertibledition to china, there are 50 large banks, which can still be sanctioned somehow, and this is what financial times writes, 4500. regional banks, that is, now china uses our crimean model, when small banks begin to act as counterparties to trade transactions, and this is all done through a third country, that is, this is the tactic of a thousand cuts, it exists in the financial scheme, system, it is impossible to impose sanctions on everyone, this is it the new financial system that is forming before our eyes is exactly that death in a needle, because in this case both china and... russia are forming a completely different circuit, which does not live according to these, the world, the world according to the rules, which spills over into the world on sanctions, and this is the path that tomorrow, this is written by financial times, that is, such a mouthpiece of the western economy will, as they say, be used by third countries against dollar blackmail, and this of course scares them most

all of that says the yuan is on the back foot.ing is the pboc wants to make sure it doesn't actually tumble backwards. annabelle: garfield reynolds leaves our markets like asia coverage. from the pboc to the bank of england. we heard from governor andrew berry, who says there would be a case for cutting rates in the u.k. if the economy and inflation play out as expected. he spoke to us after the monetary policy committee voted to hold rates steady. >> our forecasts are conditional from the number of things. one of them is leaves the market curves to set them up. so it's important. if we find the markwest with the market curve produces the best judgment which has inflation below target or above target or not at target, we say so. this is where we have got to. the judgment is that. it follows, i think, and this is a comment i made earlier, we are saying that if the world evolves as the forecast suggests that was, probably the case will be there for a less restrictive policy. everything is conditional. >> is julian a live meeting? >>

our ruble has strengthened against the dollar and yuan.ates have been established: dollar 3 rubles. 17 kopecks for 10 yuan on the roads they gave 4 rubles 35 kopecks. and 3.58 costs 100 russian rubles the euro exchange rate according to the national bank is 3 rubles, 44 kopecks. belarus' need for pasta is orderly. 70,000 tons per year are provided mainly on our own, they are produced mainly in borisov, minsk and lida. the raw material for them is domestic wheat. we ourselves make mostly, and this is more than 95%, group b and c pasta in small quantities, group a pasta, for which premium durum wheat flour is used . nalida bread industrial products pasta production does not stop for a minute. people equipment. work around the clock in four shifts, are belarusians ready to compete with the italians and who has once again tasted our product abroad, we asked the head of the lida enterprise about this. your company is probably the progenitor of many trends, specifically in pasta. what is the product line today? well, we are working in three dire

our ruble has strengthened against the dollar and yuan.hange rates have been established: dollar 3 rubles, 19 kopecks. for 10 yuan at auction they gave 4 rubles 38 kopecks. 3.57 costs 100 russian rubles. and the euro exchange rate according to the national bank is 3 rubles 46 kopecks. belarus is a leader among the cis countries in terms of information and communication technologies, which is why there are new requirements for infrastructure, its reliability and technological solutions. international exhibition. at the beginning of june, tiba will again show the latest achievements of enterprises in the field of digital technologies, because the future begins today, as the national operator beltelecom is convinced. diverse business solutions, smart city concept, testing of new high-speed data transmission technologies and even charging for electric vehicles, digital ecosystem and new areas of activity. veronica buta asked about the development of the enterprise. beltelecom today is far from only communication services, what else do you do?

the ruble strengthened against the dollar and yuan.they gave 4 rubles on the roads. 35 kopecks and 3.58 costs 100 russian rubles. the euro exchange rate according to the national bank is 3 rubles 44 kopecks. belarus' demand for pasta, which is about 70,000 tons per year, is met primarily on its own. they are produced mainly in borisov and minsk. lydie. the raw material for them is domestic wheat. sami we mainly, and this is more than 95%, pasta of groups b and c in small quantities; pasta of group a, for which flour from premium durum wheat is used. at lido bread and industrial products, the production of pasta does not stop for a minute. people and equipment work around the clock in four shifts. are belarusians ready to compete with the italians and who tried ours again? the product tastes abroad, we asked the head of the lida enterprise about this. your company is probably the progenitor of many pasta-related trends. products, what is the product line today? well , we work in three directions, large directions, this is first of all t

when one looks at the yuan, over the last 10 months, it has been broadly stable against the dollar. policymakers in china are very sensitive to any movements in the yuan against the dollar because it conveys confidence. but when one looks at the trade-weighted basket, which is the official policy measure, looking at how china's currency is evolving against a basket of its trading partners, the currency is not doing too badly at all. it has appreciated quite a bit. so i don't think they should worry too much about the currency. even if it does weaken a bit, it's volatility have been very low, and it could weaken without hurting confidence. a rate cut, even if it does create weakness in the currency, i don't think it's a bad thing for china. paul: rajeev de mello of gama asset management is going to be sticking around. we will look ahead to the upcoming u.s. cpi numbers later. i want to get some breaking news across the terminal. at the moment, we're hearing news that uber is planning to buy hero's foodpanda taiwan business, the price being $950 million. that use crossing the bloomber

from 111 billion dollars to 240, although that’s correct. will not count everything in rubles and yuanmore than 90% of payments are between our companies go in national currencies, so 22 trillion rubles or more than one and a half trillion yuan. we certainly see great potential for deepening connections between the russian far east and the northeast of the people's republic of china. i would like to take this opportunity to invite chinese friends to the ninth eastern economic forum, which will take place in vladivostok. there was an assassination attempt, it becomes more reassuring, hungarian foreign minister peter szijjarta spoke about this after a telephone conversation with full responsibility chairman of the slovak parliament petr ziga. the diplomat noted that it will take a few more days before we can talk about recovery. fitz is currently in the roosevelt hospital in banska bystrica. and the doctors managed to stabilize his condition. they tried to kill the sovac prime minister in the city of gandlova in the west of the country. the attacker, seventy- one-year-old juraj tsintula,

april, but if you look at this, the catch-up that we saw in onshore yuan not fully embracing. now moving back toward 721 for the trajectory of the currency. let's take a look at what we see in equities as well, because we have been keeping a close eye on the equity risk premium or china, and that has been widening versus other peers making a more compelling case for chinese equities. we have seen how earnings have been coming in more resilient reacting to what we get out of the politburo meeting. paul: thanks very much. let's get more on the markets without first guest, aipac strategist. i want to get your thoughts on the rally we are seeing in the mainland, chinese stocks trading higher after coming back from the extended weekend. how sustainable do you think this rally is? >> given the recent economic data and policy support we have seen from authorities, but the problem is the underlying issue with the property market is unlikely to be resolved anytime soon, so it is difficult to see on current levels. we focus more on the selective and differential stocks in the banking se

yuan for 11 kopecks. up to 12 and a little rubles. all currencies have updated their minimum.the same time, on the moscow exchange , the volume of trading in yuan with settlements tomorrow at the end of the day was more than one and a half times higher than the figure for the dollar and almost 5 and a half times for the euro. menselkhoz of russia plans to introduce a federal emergency regime due to the may zamoroskov this was stated by the head of the ministry oksana lut. this, she said, will allow the government to compensate for the damage suffered by farmers. the validity period, however, has not yet been determined. abnormally cold weather was observed in central russia in the first half of the month, according to the original. so to speak, it helps farmers who have suffered the greatest losses; this is a fairly ordinary mechanism that financially helps our farmers who find themselves in a difficult situation due to abnormal natural phenomena to stand on their feet. in russia meat production increased, in january april by 4% year-on-year to 4.5 million tons - reports the m

for 10 yuan they give 4.44 belarusian, and for 100 russian - 3 rubles and 48 kopecks.ditionally brings a number of innovations to belarusians. the main thing is that from may 1, the cost of living budget increased, and therefore a number of important payments, for example, child benefits. we are also waiting for changes in family capital, but in the meantime , don’t forget about the big weekend; we have collected notable may innovations in a special review. first things first, anton malyuta. let's start with the cost of living budget; it is recalculated once a quarter, in february, may, august and november, traditionally upward. so, the new value on average is per capita - 418 rubles. 73 kopecks. this is 3% or 12 rubles. higher than the standard that was in force before. following the bpm , various bonuses, increases, as well as certain social benefits, for example, age- related pension supplements, are automatically revised. those who are between 75 and 79 years old. will pay an additional 78.5 rubles monthly. and for the group 80+, the supplement will be 157 rubles.

in terms of the yuan, 72179 is the level we are looking at.llar strength today putting pressure on the chinese currency that was well supported by the pboc. let's get a check on how the markets are faring with avril hong in the lion city. avril: we are looking at japan just about to return from the large break and that's not all, they have been returning from a long holiday. of course they are playing catch-up today to that bout of fed optimism in the run-up in u.s. stocks overnight and of course today, a bit of bucking the trend from the likes of sony, start following the most in about three months after its proposal to buy paramount global is raising financing concerns. those are among the stocks we are watching today, we will keep an eye on the likes of tokyo, electron as well as toyota to see how the narratives of their weak yen and the ai boom for these respective companies are playing out and benefiting them. let's take a look at how the japanese currency is faring because it has returned to weakness as traders focus on those yield diffe

maybe the pressure on the yuan will be less than other currencies out there versus the dollar.aul: you specialize in fixed income. i'm wondering how you manage a fixed income portfolio in asia under the current environment, especially when it comes to credit. >> probably at some of the tightest levels so i think there will be a focus on quality trade. i think the markets are already optimistic. think second differentiation and focusing on ideas because the market does not seem to be differentiating as it was several months ago. i think we are still looking for volatility that we would expect to be good opportunity to buy and we see volatility every now and then given macro conditions. paul: all right, thu ha chow from robeco singapore. we have much more coming up. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? ahhhhhh -cross-border sales? -ahhhhhh -item classification? -ahhhhhh does it connect with acc...? ahhhhhh ahhhhhh ahhhhhh paul:

the volume of russian bonds issued in chinese currency in less than 5 months approached 27 billion yuanyear, the businessman reports. continue to market new ones come out. issuers. these are primarily suppliers from the oil and metallurgical industries. bonds help them reduce risk because the currency of the debt is pegged to the currency of the proceeds. currently , 33 issues of such bonds are traded on the moscow exchange in the amount of 99.5 billion yuan. it was economic news. short. when we went to mariupol, we went not only to fight, we had an order to help the locals, we strictly adhered to this order, we went by storm, for the first time there they tried to wound me, there were all the bullets to fly, there was only one roots, i no longer had the strength to fast.

euro by more than a ruble to 96 rubles. 28 kopecks yuan for 11 kopecks. up to 12 with a little rubleses have updated their minimums since january, while on the moscow exchange there is yuan trading volume with settlements tomorrow at the end of the day. more than one and a half times higher than the figure for the dollar and almost 5 and a half times for the euro. menselkhoz of russia plans to introduce a federal emergency regime due to the may siege. this was stated by the head of the ministry oksana lut. this, she said, will allow the government to compensate for the damage suffered by farmers. validity dates, however, not yet determined, abnormally cold weather was observed in central russia in the first half of the month. according to initial data, frosts led to the death of approximately 1% of crops. throughout the entire cultivated area in the country. in a number of regions, a state of emergency has already been introduced at the local level, and the federal one will expand support. the government, well , the ministry of agriculture, in particular, they compare the number of ag

for 10 yuan they give you four. 43 belarusian for 100 russian - 3 rubles and 50 kopecks.the largest russian marketplace it is now much easier to buy domestic goods and not fall for a fake. for this purpose , a special section made in belarus has been created here. the site positions itself that buyers can purchase high-quality products at discounted prices without the participation of intermediaries, because often it is the extra links in the sales chain that add significantly to the cost of the product. innovation will help. solve this problem and will also promote the promotion of belarusian brands in the countries where the trading platform is present. all manufacturers are certified by the operator, it is the belarusian chamber of commerce and industry, that is, you need to apply only to the belarusian chamber of commerce and industry for labeling. the acceptance of applications has already started, how to get to the showcase of belarusian goods, what should be in the package of documents, in what time frame they promise to issue permits, alina lopo found out. there i

yuan, not wanting to see his country occupied by the qin dynasty, threw himself into the river.d his body. it is believed that over time, the memory of this search took the form of rowing competitions. this concludes our release. all the best and see you soon. suren, suren, well, choirs press me, more gently it is necessary with the buyer, be more gentle, yes i am for you. he said, you’ll have the money before 3 o’clock, i ’m on my way to get it now, well, in about two hours i’ll be at your place, it’ll be around 12, you know, 12 is earlier than three we’ll pay. well , come on, come on, he’s nervous, he could have lowered the price tag even lower, oh well, and he’ll give it away for pennies, right here. will you check, yes, no, no, keep it, i have to write something, yes, no, well, there ’s a receipt here and there, you want to offend, dear, but no, that’s just me, just in case, but calm down, lesh, your word is enough for me, yes. you said it, i heard it, that’s it, if something is wrong, i won’t go to court, you understand, our judicial system is ineffective so far, it require

our ruble has strengthened against the dollar and yuan. and this morning the next course.ollar 3 rub. 17 kopecks for 10 yuan at auction they gave 4 rubles 30.6 kopecks. 3.57 costs 100 russian rubles. and the euro exchange rate according to the national bank is 3 rubles. 45 kopecks kfor clients were unable to receive and send parcels for more than a day due to technical problems. the company did not process orders manually to prevent errors when processing these orders. but from today they promise to restore work completely. sdek promised to conduct a full analysis of the causes of the failure and take measures to prevent such problems in the future. situations. frosts in early may drove up retail prices for strawberries in russia to almost 600 rubles. this means 20% more than a year ago. wholesale prices will rise due to crop shortages, sellers warn. but the russian ministry of agriculture does not expect prices to rise this summer. so in may, strawberries in russia usually begin to become cheaper. the first harvest berries from the southern regions are coming to the marke

the company's first quarter net income coming in at 1.3 billion yuan.lysts were looking for one point 6 billion yuan profit index according to data compiled by dash. compiled at 18%. keeping an eye on crypto spirit crypto prices have surged on signs of momentum towards u.s. approval of etf's, investing directly in second largest token. ether currently up by more than 5%. take a look at technology investment up a massive 13% as we speak. ether rose almost 14% in u.s. trade. that was the steepest advanced since november 2022. great day for cryptocurrency. still ahead, a deep dive into event driven investing with asset management. here why they are seeing a lot of opportunities here in asia. this is bloomberg. ♪ her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...”

buy unsold houses. 300 billion yuan's seems like a lot of money.just a drop in the bucket compared with the sheer size of the inventory which was anything between five to six to 8 trillion yuan. it's not enough. the key is to revive public confidence in the housing market . you need to get the households to buy the unsold properties. so that's why. the announcement came out last night that china will cut the down payment and mortgage rates for people in the housing market in shanghai and other megacities in china. it remains to be seen how effective the measures will be. the question is, the people are not confident about their income. use unemployment remains stubbornly high. the official rate is about 15%. xi jinping had a study session last night to emphasize the need to boost employment and urge to create more jobs in key industries. haidi: this is about lifting broader sentiment and injecting animal spirits back into the broader economy. we've done a recent survey of sunna -- some economists looking at china. have the recent policy support mea

it is hard to ease noticeably in policy terms without setting up yuan declines.t is out of the picture now. so, investors are optimistic that there's a turnaround for china and hong kong, and also there is potential that policy support will be greater going forward. >> our markets like asia coverage. australia's $2 trillion -- u.s. $2 trillion retirement program is proving itself the envy of the year. australia's model to solve problem in the u.s. social security system. today's bloomberg big tech reveals most aussie retirees have much less than they will need. at the end of last year, almost two thirds of 60-year-old had $130,000 in savings after 32 years of mandatory employer findings. our guest represents corporate industry in retail and public sector funds. great to have you with this and it is a timely -- given the global focus on the australian model. no system is without flaws, but is this the most perfectly imperfect system in your view? >> it is something to be incredibly proud of, i think. the nation has built something over only about 32 years that is

in fact, what has gone on with the yen will also ease pressure on the yuan.essure on the yuan to depreciate makes it easier for the pboc to be easier in its policy mix. that is positive for chinese stocks and, therefore, for hong kong stocks. haidi: garfield reynolds leads our markets live coverage of there. thank you. much more ahead on "daybreak: australia." we are also watching oil prices. iraq a few days to iron ore prices in particular after a big month of gains, a bit of downside to end out the week. oil having the biggest weekly drop since february. the demand-side concern continues to weigh. increased speculation that opec+ will prolong output cuts to shore up prices, and supply-demand dynamics playing out. we are headed to the biggest weekly fall for crude since february. trading just near $79 a barrel for new york crude. more ahead them up. this is bloomberg. ♪ tax valara, you don't have to worry about things like changing tax rates or filing returns. avalarahhh ahhh annabelle: you're watching "daybreak: australia." the latest on the corporate front

this is the average interest rate on new ones in march.” against the russian and yuan and weakened againstlar and euro. so, current courses on national bank. a dollar costs 3 rubles 26 kopecks. euro added too. his rate is 3.49. 10 yuaniya costs 4.44 belarusian, and 100 russian - 3 rubles. 48 kopecks and finally, the world economy is predicted to experience a period of weak growth, the imf said. as the head of the organization noted , the american economy is moving forward at all times, but it is unlikely that this will last long. in china, prospects for further growth are clouded by issues related to the property market; in europe , productivity growth is lagging, reflecting weaker investment in new technologies, like in the usa. weak growth of the global economy is named the number one problem, another is the difficult time of public debt. and that’s all the economic news for this hour, good luck in your business and see you later.

the yuan fell in price. so, american currency costs 3 rubles 22 kopecks.exchange rate according to the national bank is 3.50. for 10 yoan they give 4 rubles. 39 kopecks and for 100 russian - 3.51 belarusian. in the first quarter in the belarusian capital, over four thousand transactions for the purchase and sale of apartments. the national cadastral agency called this figure a record compared to previous years. the vast majority of apartments sold in new buildings are one-room. the leader in the number of transactions was the oktyabrsky district of minsk. in total, apartments were bought in partizanskoye. the average price per square meter in the primary market was set at $1,465, in the secondary market it was 1,420. the most expensive district of minsk is the central one. and finally, the turkish ministry of finance announced a stop to the depreciation of the lira. trust in valuation increased, the foreign trade deficit decreased. there are no problems with sources of finance. the value of the turkish lira against the dollar in march reached a new histori

jada yuan from the washington post, thanks so much. i'm afraid that's it for today. be back at the same time next week. but it's goodbye from me, katie razzall. and from me, ros atkins. thanks for watching. we'll see you soon. bye— bye. and if you'd like to hear a longer version of today's show, search bbc the media show, wherever you get your bbc podcasts. hello. we've some damp weather out there at the moment, and there's also some rain in the forecast for wednesday — not an awful lot. here's the outlook for the rest of the week — a bit of a mixed bag, a little bit of sunshine, some scattered showers, but at least it'll be relatively warm. now, on the satellite picture, you'll notice this swirl of cloud — that's an area of low pressure. this is the weather front, and this low pressure will stick around really for the rest of the week. so actually, the overall weather pattern won't change an awful lot across the uk, but there will be some regional differences from day to day, of course. here's the morning, then — around 7am, we will have had temperatures between 12—

mutual settlements are already 90% in rubles and yuan.nd trade turnover increased by another quarter. these figures were announced today by vladimir putin. the president is on a state visit to china. first after re-election, putin has been hosted in china for the eighteenth time in total. the number of pin encounters approached fifty. from beijing, reporting by alexander baletsky. with a flash of motorcyclists and a gun salute, past the guard of honor with the flags of china and russia lined up along the main avenue of beijing changan, they are everywhere here today, the presidential aurus drives up to the house of the people. the head of the people's republic of china greets vladimir putin as a friend over the main square. and the people's republic of china tianyang the anthems of the two countries are played. official the ceremony of meeting leaders during a state visit is described step by step, second by second , every detail is important, the chinese protocol has many of them. so the cannons in tianyang square will fire at least a hu

haidi: that was jing yuan speaking with kailey leinz and joe mathieu. stocks we are watching when trade opens in about five minutes or so. watching honda forecasting record profit on solid demand for hybrids in the u.s. and two wheelers in asia. tokyo electron missed estimates in their keeping and i on softbank ahead of results. the market opens in sydney in tokyo are next. a mixed start to trading. modest weakness across the board as we get into the first few minutes of trade. not much of a carry through in wall street and that is disappointing china data over the weekend as well. this is bloomberg. ♪ and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, that's so rock roll. it is, right. he gets it. yeah. annabelle: this is "bloomberg daybreak: asia." counting down to asia major market opens. u.s. inflation front and cent

trading on the belarusian currency stock exchange, our ruble has strengthened against the dollar and yuand this morning the following rates: dollar. 3 rubles, 17 kopecks, for 10 they gave 4 rubles, 36 at the auction.

according to the results of trading on the currency and stock exchange, the dollar and the chinese yuanell in price, while the russian currency began to grow. so, the following rates have been established: a dollar costs 3 rubles 24 kopecks. euro exchange rate to the national bank the price fell to 3 rubles 46 kopecks. 10 yuaniya costs 4.44, and 100 russian rubles costs 3.49 belarusian. more than 45% of all residents of belarus. according to the results of last year , more than 4 million people were employed in the economy, belstat calculated. the majority worked in private organizations; about 40% worked in the public sector. there are more women employed in the economy; the average age of workers is slightly higher than 42 years. the top types of activities of the employed population are industry, this sector accounts for almost a quarter, followed by trade, repairs car education. the ministry of communications and information has announced. the start of accepting applications for the implementation of pilot projects in the field of digital development, so belarusian it companies, spe

trading on the belarusian currency and stock exchange ended with the growth of the chinese yuan and thean ruble, and the dollar is aslav. so, the following exchange rates have been established: american 3 rubles. 21 kopecks, the euro exchange rate at the number of professional income tax payers has more than tripled. the ministry of taxation and taxation reported this. in april last year the figure was about 11 thousand, which is the current tax. region, the general director of the trading platform noted that a new consumer trend is emerging, and buyers are ready to buy cars on the internet, so the final price on the marketplace is known immediately, buy no additional services will be required. let me add that not long ago the online retailer launched a new section - this is a vehicle where several car brands are represented, so in the first month of operation they bought 11 cars and a motorcycle. this was the economic news, have a good day and don’t miss the latest issue of the area of ​​interest today, see you on the air! the morning broadcast on tv channels belarus 1 and belarus24 co

behind. 10 yuan gives 4 rubles 42 kopecks, and 100 russian - 3.50 belarusian.nge trade between belarus and azerbaijan increased 14.5 times. the amount of transactions in 4 months reached $38 million. this pace is due to a significant increase in supplies of belarusian lumber products. today, the emphasis is on the diversification of the product range through agricultural and industrial products. in general, over the year the number of residents accredited on the exchange doubled and exceeded a hundred companies. 17 charter flights are planned from brest to turkish antalya this tourist season. the program has already started and will continue until october 17. the first flight was fully loaded. by the way, flights to moscow show 100 percent occupancy. direct flights opened in april and already served over a thousand passengers. let me add that the charter season for the turkish mediterranean is also open from gomel and vitebsk. and finally, the eurasian economic union and india are preparing for negotiations on the creation of a free trade area. the process is c

but it's very much not in china's interesting to do a yuan devaluation. they're in better shape than they were back in 2015, 2016, but look it's not going to help anything to devalue, especially in an election year. it will cause more problems than it solved. we don't expect that to happen >> leeland, tim. capital flight for china, especially during periods where the economy's been a big deal. what are you hearing behind the scenes in terms of the apples of the world? what are u.s. companies really fearful of we could talk about this all we want, we talk about it in a marked context, but what are you hearing about some of the most important companies in our space that do a lot of business there? >> well, a lot of them like apple are stuck between a rock and a hard place, because they went all-in on the china story years and years ago, and you couldn't tell them that they were putting all their eggs in a basket, they didn't want to hear it and now, what they're seeing is, there's problems on the chinese side, you know, beijing wants -- doesn't want to use

, and then starts this system, it is these yuan that are spinning, which allow north korea to produceia, that is, i would not say, that the military-industrial complex of russia is doing so well, it is not at all the indecisive policy of our western partners who allow... to finance this system, to operate this system, and against this background there are really many reasons why our western partners cannot ensure that it is the effective functioning of the western, let's say, defense-industrial complex of this system. the united states had its own turbulence for six months, but i have the impression that while the united states was experiencing turbulence, the european partners were also waiting. for some reason, that now ukraine will suddenly surrender, suddenly ukraine will not last these six months and will start talking about negotiations, and then it will be possible, in principle , to freeze the war, to end it, and then it will not be necessary to launch the military-industrial complex at full capacity, no to support ukraine by spending billions of euros and so on, but ukraine f

the exchange rate of the belarusian ruble strengthened against the russian and yuan and weakened against the dollar and euro. so, the current rates for the national bank. a dollar costs 3 rubles 26 kopecks, the euro is also added, its rate is 3.49, 10 yuan costs 4.44 belarusian, and 100 russian - 3 rubles and 48 kopecks. and finally, the world economy is predicted to experience a period of weak growth, the imf said. as the head of the organization noted, the american economy is moving forward at all times, but it is unlikely that this will last long. in china , prospects for further growth are clouded by issues related to the property market. productivity growth in europe is lagging , reflecting less significant investment in new technologies than in the united states. weak global economic growth is named problem number one. another one, it's a hard time government debt. and that’s all the economic news for this hour, good luck in your business and see you later. the morning broadcast on tv channels belarus 1 and belarus24 continues with the program “zone x”. i'm yuri shevchuk. hello. i

the dollar has risen in price, the chinese yuan and the russian ruble have fallen in price.he following rates have been established: american currency costs 3 rubles 23 cop. the euro exchange rate at the bank is 3.48 for 10 yuu they give 4 rubles, 44 kopecks, and 100 russian ones - 3.49 belarusian. the number of open deposit accounts under the family capital program has already exceeded 137,000, and almost 85,000 families wished to dispose of funds ahead of schedule. most often , government support is used to improve housing conditions, followed by medical services, and then education. among the regions , the brest region is in the lead, and the least likely to use capital ahead of schedule is in minsk. by the way, the ministry of labor notes that state budget expenditures on social protection of families with children annually account for 3% of gdp. an interesting fact is that every fourth child in our country is raised in a large family. and finally, an elective course for entrepreneurs will appear in belarusian schools. according to the resolution of the ministry of educa

and finally, hong kong has launched a pilot program that allows payments in digital yuan through largehinese banks, the department said monetary circulation. hong kong residents will be able to open digital currency wallets through which they can directly transfer funds to mainland chinese merchants. central bank of china. since then , more than 260 million users have opened wallets for working with electronic money. and that's all i have. have a good productive day, see you, the morning broadcast continues with crime news in the studio, zone x, violetta sokolovich, hello! details of the fatal fire investigation shared in ska. let me remind you that the incident occurred almost a year ago at a chemical warehouse in kolodishekh. the consequence is the death of a person and damage in excess of 6 million rubles. let me remind you that late in the evening of may 26, 2023 , a message was received about a fire in the warehouse of one of the capital’s enterprises. during the fire extinguishing, 20 rescue vehicles were used. the fire was extinguished only in the morning. the fire destroyed the

euro at the national bank rate - 3 rubles 40.7 kopecks. 10 yuan costs 4.45. 3 rubles 52 kopecks they ask for 100 russian rubles. cafesta prices reached a 45-year high. wholesale prices are 88 cents per kilogram. compared to march, they increased by 17%. reason: no harvest in vietnam - this is the country that is the largest supplier on the world market. arabica prices also rise, for example, in april. on futures contracts they increased in new york by 3%. for the first time since december 2023, they approached $4.5 per kilogram. this was the news of the economy, successful transactions and productivity in business. see you. the morning broadcast on tv channels belarus 1 and belarus24 continues with the program zone x. i am yuri shevchuk, hello. 5 kg of mephidrone were seized in minsk. operatives blocked a large drug supply channel. a resident of a neighboring country worked at the drug market and brought psychotropics to belarus. here , already in a rented apartment, the dealer divided them into doses and put them in hiding places. the detainee has everything he has done. 5 kg of mip