Record profit. Haidi opening the bond market to renewed leverage. Some say this is not a great idea. Rishaad World Leaders preparing for g20, trade, migration, and north korea topping the agenda in hamburg. Lets get to this big corporate story. Preliminary earnings out of samsung, not the phone side doing so great, but should business with chip business and the Flagship Smartphone winning over customers following that huge the follicle following the note 7, 12 billion in the three months at the end of june. I want simplified chart to bring up, the function of financial analysis, and that is showing you the main drivers of growth. This is what we see with mobile. Nd semiconductors the oranges how much semiconductors are contributing to the bottom line, and green of being smart phones. That giving you the state of play for a Company Behind the scenes makes more money than what you see upfront. Haidi you have the reputational hit it took from the note seven debacle, but dont forget the he
Daytoday, awaiting the headline gdp number for the Second Quarter, but looking to scrutinize domestic activity numbers, fixed Asset Investment, Industrial Production, retail sales, all expected to show stability and she lower. Given it is a key Political Year for beijing, we are looking at stability as the theme when it comes to growth. Take a look at this chart that paints a picture of the boring trajectory when it comes to that headline gdp number over the past two years. We have been hovering around that 7 level. We really do want to look closely at the breakdown of the Growth Numbers are going to be. It the Property Markets slow down continuing to bode ill for the growth in the second half of the year. Have we come off the peak in terms of input prices. We will take a look at the deleveraging drive and how that is affecting growth. We are 30 minutes away from the open in hong kong and china. Singapore and malaysia coming online. We saw that interesting session in the u. S. Where al
Bad form of ranking. Anna oh yen, high confidence. Cinnamon sentiment improves for the First Time Since june last year. What does it mean for the stimulus . Johnson johnson ins discussions for a potential deal, leaving the door open for another better. Reports say they are now in talks. A very warm welcome to bloomberg daybreak europe. We are here in london. Im anna edwards. Breaking news coming through on the car industry in relation to china. China is set to be planning a 7. 5 small engine car pat car tax through 2017. China has said the plan extending the auto sales tax incentive to 2017. China is set to set a small engine car tax at 7. 5 and cars at 5 . We will see if that has any impact on european carmakers are other global Car Manufacturers exposed to smaller in of the car industry. Lets look at the risk radar and show you where we are on this fed day of all days. Expecting a decision later on from the fomc and the wide expectation market that we will see a hike. China and brexi
Raise 2 billion. Haidi haidi Oil Producers considering extending cuts. Six nations say more time is needed to train the global glut. Rishaad China Southern confirming a stake sale with American Airlines worth 200 million. Suspended butock should resume when the session gets underway. , thatlooking at kaisa forerty developer suspended two years will resume trading. So a lot to look for two in the session ahead. Haidi absolutely. We are seeing a risk off session so far to kickoff the trading day. Lookof fence the two forward to, janet yellen speaking on tuesday, and as you said, hope springs eternal. Aroundd get more color this Monetary Policy trajectory out of the u. S. Given disappointment and concern over President Trumps Political Capital and ability to push through these tax progrowth policies. We are 30 minutes away from that open. Lets get it over to sophie with a look at the markets. What a great way to start off the week in asia. Sophie risk off this monday. We do have singapore
The China stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 40 points or 1.3 percent.