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BLOOMBERG Bloomberg Markets Asia July 12, 2024

H shares in now and hong kong up by. 5 . Pretty marginal gains here in the last half hour or so with it brings us near the top of the 2015 bubble. On the other of the argument hsbc is cutting china to neutral f this rally. Something to keep in mind as we take a breather here from the exuberance weve seen in chinese stocks. One more thing were watching is the hong kong dollar. Now 15. 7 billion hong kong has been injected into the system there. Solid that pair and the renminbi with a six handle for the First Time Since march. The strength of the renminbi certainly helping the equity markets as well. And gold still holding. Some breaking news from sri lanka, the federal bank cutting its lending rate to 5. 5 . Its a big cut, a 100 basis point cut bigger than expected. Economy expanding at a pace of 3. 8 in 2021. Much bigger than anticipated. Lets dig deeper into the ofkets and bring in ahead forpacific thank you joining us. Lets ta ....

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CNBC Squawk On The Street July 13, 2024

Renewed china trade optimism set to fuel further gains of the open retails big week and the tariff impact into the holidays. Best buy, dicks, dollar tree, abercrombie among the retailers reporting today. And ford challenging tesla to a apples to apples tug of war between pickups and elon musk says bring it on three major indices saw record closes, top trade negotiators from the u. S. And China Holding a phone call earlier this morning the two sides continue to work toward a phase one trade agreement. Trade rep lighthizer, mnuchin, both participated in that call and both sides agree to remain in contact over remaining issues on twitter, you said the phone call last night was very important in terms of furthering a deal yeah. It is real ive been skeptical. This was a real call phase one probably happens Financial Services get opened up president may believe that intellectual ....

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BLOOMBERG Best Of Bloomberg Technology July 14, 2024

And after some fairly uneventful president ial debates, twitter is out with a new label that flags tweets that blake break the rules. It might even make donald trump walk a fine line. New record for quarterly vehicle deliveries, handing over 95,000 vehicles to customers in the second quarter, beating average analyst estimates. This is due to accelerated shipments to the u. S. And china and u. S. Consumers rushing to creditans before the tax is shrunk. Were told the company is close to setting an alltime record, being urged to go all out. Taylor riggs caught up with an analyst and bloomberg correspondence on tuesday correspondence on tuesday. A blowout quarter and exceeds everyones expectations, you sort of had this upanddown quarter where you had a trough of everyone getting concerned about demand for the model three. Toward the end of the quarter, you started to see the analyst commentary pickup. Where people were a lot less concerned about that. On the model s and model x front, they ....

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BLOOMBERG Bloomberg Technology July 14, 2024

To their business. Bitcoins rally starting to waver again. The price of the currency down double digits since friday. First to our top story. Any victory for beijing, President Trump said he would hold off on any further tariffs for now and would relax constraints on huawei. Manyonstraints remain and say optimism is overdone as many try to figure out what form the relief will take. Huawei is still on the list usually reserved for rogue regimes and affiliated companies. On sunday, White House National Economic Council director larry kudlow commented on the move. This is not a general amnesty. They will remain on the socalled entity list and National Security concerns will remain paramount. Caroline for more, we are joined by
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Google steps up Microsoft criticism, warns of rival's monopoly in cloud | Technology News

Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. ....

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