of 2021. posh mark and push. we will talk with tracey sun. what schappers and entrepreneurs want what shoppers and entrepreneurs want in our special serious. goldman-sachs is making a stand against all-white, all-male boards. depraved solomon issued an ultimatum from davos. hey will refew justin upton i.p.o. s if they are all male and white. we have two to discuss with us. interestingingly enough, this seems like this could be real change. goldman has significance influence. they were the top u.s. underwriter last year, one of the top three in the last decade. this is more than a p.r. stunt. what do you think? even if there is never an i.p.o. they refuse to do, they are going to have a divorce board. that is more likely to happen. the tail is going to walking the doing into what it wants done. it is a real ultimatum that they will be able to enforce before the company goes public. it is in the u.s. and europe to start. the interesting thing here suh are seeing a lot o
we talk about special commerce and sustainable retail with the posh mark co-founder. what shoppers and entrepreneurs want is in our special theories retail transform. top story.r goldman sachs making a stand against all white male boards. goldman will refuse ipos unless the company s board has at least one person who is not white, male, or straight. goldman is the biggest underwriter of ipos in the u.s. joining us is add the aftermath abby and jeff. this seems like this could be real change. goldman has significant influence. they were the top u.s. underwriter last year, one of the top three in the last decade. it is more than a pr stunt. even if there is never an ipo they refuse to do, they will probably make everyone who wants goldman to underwrite it to have a diverse board. that s more likely to happen. the tail will wag the dog into doing what it has to have done instead of refusing business. it is kind of p.r., but an ultimatum that they will enforce it before the p
Garner votes . This is Bloomberg Markets asia. It is india budget day. Really facing this choice, populist measures or fiscal prudence . A lot of focus on that over the next couple of hours. All of this happening as the backdrop of china looking at the smaller, private sector. A look at how they are going and growth so far. In terms of equities, looks like the start of february is better than the end of january at least. Rishaad absolutely. The end of january did not quite materialize as many predicted. Looking at longterm rates, alan enspan suggesting we remember him for a rational exuberance. Do we have a rational exuberance . Markets, theian threeday selloff we got in the region. Robust export growth from korea adding to the risk, although gains for the cosby for the kospi. Also this morning a slew of manufacturing pmi surveys that indicated stronger across the region. That could bode well for this synchronized Global Growth. In taiwan, fourthquarter gdp, growth jumped the most in a
Whether they can deliver that momentum still. The atmosphere is electric at the tokyo motor show as they present their vision of the future. Betty speaking about electric, breaking news on south koreas preliminary thirdquarter numbers. Ier on south korean gdp, up 1. 4 , quarter on quarter. Much bigger than economists had expected at 0. 9 . More than double what we saw in the second quarter. Ofr on year, a healthy rise 3. 6 . That is also above the estimate of our rise or expansion of 3 . Well above what we saw in the prior quarter. Helped likely by the continued export of electronic parts, particularly for smartphones. It is interesting, the markets have continued to rise. Maybe that is adding to Consumer Sentiment in south korea, despite geopolitical tensions with north korea. That is the risk, as always, with south korea. Yvonne have not seen the numbers yet, but 3. 6 is a threeyear high for south korea. We have a chart that says it all. Is the bok going to be the First Asian Bank to
Parody largely a Nuclear Capability and i think that in the current context with american superiority and everything but Nuclear Weapons, i think that its not likely to, you know, symmetrical reductions in nuclear arms will not achieve symmetry and security on the two side. And so that a dangerous path to try and go down if you believe that both sides feel insecure as the recipe for a stable relat n relationship. I do think that unilateral reductions could be sold on the grounds that, you know, we sell lots of we act unilaterally in a lot of ways. And we have certain financial constraint. We might want to invest those resources somewhere else. In other words in a cold war context where youre not investing in cybersecurity or other types of threats that are present and real and out there. It is a luxury to have a second strike capability. Why, if you have a finite defense budget, would you allocate resources to something that is based on a fantasy thats not likely to obtain, which is th