He is the great survivor of the years of tory turmoil. Appointed by borisjohnson, promoted by Liz Truss and kept on by Rishi Sunak. Hes now in the final four candidates to become the next leader of the Conservative Party. All of them will make their case before conservative activists and members at the tory conference in a couple of weeks time. James cleverly, welcome to political thinking. Cheers, nick. This the first time weve spoken since that Election Day . How does it feel to go from having one of those Great Offices Of State and all that comes with it, the red boxes and the chauffeured cars and the security and all the rest . Suddenly its gone. So its not that paraphernalia that you miss. Its the being able to do stuff. And particularly in the portfolios ive held, foreign Secretary And Home secretary, theyre both very much in the news at the moment. The situation with ukraine, the decisions around the uks posture, how we further support the ukrainians in their self defence. Weve
Worked so much in the first couple of quarters. We are also expecting our investment ipo tomorrow. It is a very, very busy year for us, all in all. You are looking at health care opportunities. Everybody else seems to be doing that. That is why valuations have skyrocketed. What are you finding and what are you concentrating on within that space in particular . Nisa it is interesting. Board. St across the is, is really interesting when we invested in the first company, the first Vaccine Company to list in hong kong. One of our Companies Went out in hong kong, the first device company. Venus, thepo of whole medical device sector has become hot this year. Seen 25 areas we have Companies Getting funded in china alone. I am not sure about the competition. On the discovery side there is also excitement. Because valuation has grown so much, we would still stay away from very expensive deals. Historically, we have been investing 75 at least. Systematically we have been doing the same thing as
Is theail sales number only surprise i suppose. Juliette that is quite interesting given this had been this consumer driven recovery and the positive numbers we have seen and domestic travel. Gold is a miss. Still seeing the incredible strength coming through in offshore youuan. Onhave been seeing a risk momentum coming through in equities across the region. Signing havinghe a positive boost to markets. We are seeing momentum on the asiapacific index. It is going to close at a record high. When we look specifically at Chinese Markets themselves, we did have the csi 300 already near the fiveyear high. The csi 300 a little weaker, down by a 10th of 1 . Korean airlines coming out and saying they are going to to buy. 8 trillion yuan an airline. Raising 2. 5ng to be trillion. That is a bit of corporate breaking news. Lets get over to julia. She is at jp morgan. Thank you for joining us. What was your main takeaway . Controls glance have been maintained. Still looks like their recovery is pr
Will joe biden makes the world a better place . Or thanks so much for being with us and my guests here in the studio are stacey burns from de w. C. U. S. Election team, who says joe biden must realize that americas allies are looking for a team player a noughts. A team leader also with us is jamie fly from the German Marshall Fund to form a visor on Foreign Policy to president george w. Bush. Who argues that america will remain divided and distracted under President Biden. And that will harm its ability to partner with allies and a very warm welcome to khrushchev on marshall chief Diplomatic Correspondent of the berlin daily tanishq beagle. He argues that under President Biden, relations with germany and europe might be a little less abrasive. But do, as for greater commitment from berlin and brussels will remain thank you all 3 of them being here today, this plenty to talk about. So lets get going. Stay, see, is there any doubt in your mind that joe biden has won the president ial ele
Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasing its semiannual stability report. This is pushing the kiwi dollar higher. U. S. Ashed through . 70 yesterday and we are seeing expectations of negative rates dissipate even further. Unlovedtors rotate into areas, it may not mean the end of things that have been successful so far. John praveen is Portfolio Manager for qma. He joins us on the phone from new york. We are talking about what happens to big tech given the rotation trade gaining a more solid footing. Is it the behavioral changes, chan