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BLOOMBERG Bloomberg July 4, 2024

York and hong kong. The tough story this is hour. Investors await caution ahead of china inflation. Bloomberg has learned that the u. S. Is set to limit the scope of the ban on investment in Chinese Companies as it seeks to covert the damage to relations with beijing. Plus, we get the main line business and Economic Outlook speaking exclusively with the d. B. S. We have the jobless rate for the month of july coming in at 2. 8 . This is higher than the previous month of june 2. 6 . Its higher rate than economists have expected. We did have heavy rain since mid july. Also weak growth. Still, you have to put it into context. The 10year average for the jobless rate in korea has been 3. 6 . Post pandemic average has been 3. 4 . So yes, its a rise in the jobless rate to 2. 8 . But its still a resilient jobs number. And something that will make the bank of korea give more groun ....

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BLOOMBERG Bloomberg July 3, 2024

Shery you are watching daybreak asia live from new york, wellington and hong kong. Annabelle australia has just come online. Haidi asian stocks are set to follow wall streets gains in an effort to contain the israel hamas conflict. Israels defense minister warns of a long war as Antony Blinken returns for further talks. World leaders arrive in beijing for the belt and road forum. Facing an uncertain future as the economy slumps. Annabelle we had the open of a sx starting the day. The focus is on currency because we are keeping an eye on the aussie and kiwi dollars. Near lows against the greenback even though we saw a softer dollar in the prior session. Weve got rba Meeting Minutes due out later and that well plus understand why the new governor elected to keep rates on hold in our first meeting as chair. We had new zealand inflation data for the
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'No amount of money' can lure bankers to Hong Kong, recruiters say

Hong Kong’s status as a magnet for international financiers is cratering as firms struggle to coax traders and bankers to move to the once vibrant trading hub.
Seeking to fill jobs, headhunters are finding that they can only recruit candidates who are already in Hong Kong.
The crunch comes as the former British colony is dealing with a growing outflow of expatriates who are frustrated with the territory’s strict “zero COVID-19” policies.
They are abandoning a territory where low taxes, ease of travel, top-class schools and a vibrant nightlife once proved a potent lure.
For some candidates, “no amount of money is ....

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