Afternoon after missing the earnings target. Expecting more than 780 million. The environment in a 2017 is said to remain challenging. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Lets take a look at the markets. Trading this afternoon. Inare seeing a premuch flat china. Shanghai shares are down one quarter of 1 . This is bloomberg. Cory i am cory johnson, and this is the best of Bloomberg Technology, where we bring you the top interviews from the week in tech. Coming up, snap hits the streets with its ipo roadshow and faces a slew of investor concerns. The problem with snapchats growth ahead. Plus, tesla pops the hood, reporting fourthquarter loss of midst stalling vehicle sales. Beatingbritish Company Intel and the semiconductor market. Our exclusive interview with arm holdings ceo. Snap kicked off its roadshow ahead of an ipo. They have a lot of work to do. Red herring disclosed slowing and investornt rights treatment. Jo
Ross. Thank you for joining us. How are you . Want to win it will be an optimistic speech that will diagram what will be going on the next year or so into the future. What is going to be going on in the future . What are you can work with this president on . There is quite a lot. First of all, trade. Deal, notke it a fair just a freetrade deal. Regulations. Ing producing burden for american business. Third, cutting taxes. To help people make a better return and to stimulate the economy. There is some divide within the Republican Party on the border adjustment tax. Will we here tonight where this white house stands . Surprised if it was that detailed a conversation. The budget announcement will come out in another several weeks. With regards to nafta, do we have a timeline on when that work will get underway or when we can expect these trade agreement negotiations to begin . We are in consultation with the Senate Finance committee now. That is the first step. Ultimately, it will be a 90
He 1950s that is more than two decades ago. The market action. Pretty much green at the moment. In different in the u. S. Coming onnd taiwan board. A holiday in singapore today. Here is a look at what has happened so far. Haidi caution has been the team. We have pulled back from games that we saw earlier. The tokyo session is flat at the moment. The nikkei coming off that 2. 5 gain. We do have a slightly stronger yen today. That is weighing on japanese exporters. Rbnz expected to cut rates again this week. We are seeing Energy Sectors driving the gains across the region. Elsewhere around the region, taiwan is flat despite having a beat on import and export numbers yesterday. Alaysia also up singapore is closed today for a national holiday. Lets take a look at the movers. Nintendo back in the spotlight. It has been a few days. Here we go. Pokemon go, a report out over the last couple of days saying that revenue crossing the 200 million mark. Nintendo surging by as much as 8 today. 19. H
Iphone, saying they may have found a backdoor to hacking it, and beijing, a coast guard ship trying to stop an Illegal Fishing boat. They are taking a hard line by blowing up and seizing vessels. Follow me on twitter. That is my handle. rishaadtv, include trendingbusiness. And a look at what has happened overnight and so far this morning. Vid i looked overnight, it was not unbridled optimism, but there were danes gains. The Chinese Companies listed in the u. S. , and i guess this will give you a sense of how things may trade when things open up in hong kong. Lets look at what is happening in asia right now. Markets opening up, taiwan, singapore, and malaysia, but it is really japan driving gains today. Asia on its shoulders at the moment. We are looking at gains in the regional benchmark, because what we are seeing on the nikkei 225, a little bit off the high, two and a fraction. That is really enough to take the regional benchmark to the highest level in years. Four the about 2930 msc
This would of course slow that samsung has been powering ahead. Its been a difficult couple of quarters for the tech giant as apple introduced new products and samsung raced to catch up. It did so in march introducing the flashy new s 6 and other mobile devices. Other divisions we cant ig new york the chip, Semiconductor Segment of the business doing quite well. Very profitable area and then the Consumer Electronics ands mobile business. Rishaad, all these results out tomorrow. Well be covering them from top to bottom but today, investors very optimistic. Seeing samsung perhaps returning to some of its old glory. Rishaad in record regard to that s 6 you told me about, and as it tries to take on apple, not just on the high streets but in the courthouses as well mblings. Well, apple could actually benefit . Zeb yes, samsung and apple are competitors but in many ways customers of each other. In this latest leg battle. Separate from their fouryear battle with Patent Technology a texasbased