Priorities. Manus welcome to bloomberg daybreak europe. China has fined fords joint venture for antitrust violations. This marks the latest action against a u. S. Company. Tensions escalate. Ours get straight to james, beijing Deputy Bureau chief. Here we are. This is not so much about the size of the monetary fine, but the principle of it. What does it say to you . we seen a number of actions recently veiled threats against u. S. Companies , anfedex is undergoing it investigation for rerouting packages. How links this is. An isolated case, but when it comes after these warnings the Chinese Government has put out, this list of ,ompanies that are unreliable the idea that these are all part of a concerted effort to push back on the u. S. Because of huawei but also more broadly in the trade war. Nejra good to see you. What is the effect going to be on the trade dispute if that is the case and more broadly, chinau. S. Relations . James the big problem now is the result a lot of uncertainty
Conversation for us. Usually were talking about problems in the streets of taiwan, so this will be, i think, quite a bit more entertaining. And i really myself am excited about it. To celebrate the publication of a new book, the siberian chop siberia job. And were going to learn more about the true story behind it. Now, when a book is embossed with the words based on a true story, the immediate question that every reader has is whats fact and whats fiction. Today, were going to get it from the source. Whats fact and whats fiction. So, john, we were expecting to really know by the time that we leak John Kleinheinz is a person of great importance here at hoover. He is, in fact the chair of the hoover board of overseers and a great supporter of the institution. He graduated from stanford in 1984 with a degree in economics, and john began his career as an investment banker. He worked in tokyo and new york and london and then he moved to texas in 1993, and he was a partner in an Investment
Taiwan, so this will be, i think, quite a bit more entertaining. And i really myself am excited about it. To celebrate the publication of a new book, the siberian chop siberia job. And were going to learn more about the true story behind it. Now, when a book is embossed with the words based on a true story, the immediate question that every reader has is whats fact and whats fiction. Today, were going to get it from the source. Whats fact and whats fiction. So, john, we were expecting to really know by the time that we leak John Kleinheinz is a person of great importance here at hoover. He is, in fact the chair of the hoover board of overseers and a great supporter of the institution. He graduated from stanford in 1984 with a degree in economics, and john began his career as an investment banker. He worked in tokyo and new york and london and then he moved to texas in 1993, and he was a partner in an Investment Firm where he managed the Russia Value Fund, one of the earliest funds to i
There watching day vacation live from new york, sydney and hong kong. Counting down to asias major market opens. Australia has just come online, asian equities set for him next open. Amazon and intel jumping read chinas foreign minister is set to meet with President Biden after talks with Antony Blinken in washington and ftx founder Sam Bankmanfried struggles as he testifies at his federal trial. Annabelle im going to wait a few minutes until that becomes online because it seemed like a sentiment shift in the final 10 minutes. The futures contract reopened. It had closed to negative and came online in the last 10 minutes into gains, so the impact of u. S. Earnings from amazon, intel is better than expected. Better numbers, stocks rising, telling us how much of an influence those numbers are having. What else is helping as the pullback in treasury yields and so that is being reflected in the three year and 10 year, the softer dollar the aussie is firmer against the greenback. Asx 200 is
For all the stocks. Looking at where the aussie dollar is, 65. 7 two cents. when it comes to ethics. The yen holding steady. Brent crude is just shy of 84. The energy names across asia, concerns continue to weigh on the demand side for oil looking like we are setting up for the weakest week in Oil Prices Since february as u. S. Inventories way and i miss concerns about opec policy of maintaining their stance, impacting these concerns about supply and demand in the market, belle. Annabelle yes, and also we have at the start of trading for korea, as we come online this morning. Japan is shut for the public holiday. We are posting gains at the open. A bit of curry on one strand. The dollar having its weakest session overnight a bit of strength for the korean won. What is playing into the theme for korean equities and was can play into the sea is that apple numbers. Lets look at how the some of those supplier stocks are coming online this morning. We saw the jump in late trade in apples a