Cameron Johnson, senior partner at consulting firm TidalWave Solutions, says US tariffs, such as on personal protective equipment, don’t hurt China much as Chinese firms can sell products much cheaper. He also discusses the difficulties gripping Chinese manufacturers. He speaks with Yvonne Man, David Ingles and Stephen Engle on “Bloomberg: The China Show.” (Source: Bloomberg)…
Richard Koo, Chief Economist at Nomura Research Institute, explains why he thinks Beijing’s stimulus so far is not enough to get the country out of a “balance sheet recession”. He speaks with David Ingles and Yvonne Man on “Bloomberg: The China Show.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/YFCiN5b
Exploration of a 300-year-old wreck in the Caribbean Sea with an estimate £16bn trove starts. https://ift.tt/qOThmud May 26, 2024 at 03:03PM
The leaders of Exxon Mobil, Chevron and Hess are duking it out over a generational oil discovery in Guyana. https://www.wsj.com/articles/guyana-brawl-ceo-exxon-chevron-hess-409c15c1
Bullish sentiment on the dollar is rapidly receding amid signs the US economy is cooling, with a group of investors holding a net short position for the first time in six weeks. from Bloomberg Markets https://ift.tt/AWapLvy
As young people enter the job market, it behooves them to note which skills companies are most looking for. Accounting and virtual assistant are in high demand. https://www.cnbc.com/2024/05/26/in-demand-freelance-skills-according-to-upwork.html
Annabelle Droulers in Hong Kong and Haidi Stroud-Watts in Sydney drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/0Eyz5jL
Powerful storms devastate areas in Texas, Arkansas and Oklahoma and leave hundreds of thousands without power. https://ift.tt/5sKeZiz May 27, 2024 at 04:53AM
The actor calls dressing as a 7ft monster in Netflix thriller series Eric a ridiculous moment. https://ift.tt/KWqjA4O May 27, 2024 at 03:12AM
Gold edged higher in early Asian trade, as traders await U.S. PCE data due out later this week to look for clues on the Fed’s monetary-policy trajectory. https://www.wsj.com/articles/gold-edges-higher-ahead-of-key-u-s-economic-data-bcce0b8d