A Qatar Airways flight struck severe turbulence over Turkey, injuring 12 people on board, before landing as scheduled in Dublin on Sunday. Bloomberg News’ Danny Lee discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/2tTYNxv
JPMorgan Asset Management increased its holdings of Indian local-currency sovereign bonds, viewing them as the best bet among peers in Asia. from Bloomberg Markets https://ift.tt/0TJHvkU
China’s issuance of local government bonds in May reached the most in seven months, a sign that authorities are ramping up fiscal stimulus to support the economy. from Bloomberg Markets https://ift.tt/dHYBnbE
Chinese Premier Li Qian, Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol sought to revitalize cooperation on security and economic matters at first formal three-way summit between the three nations since 2019. Li asked Kishida and Yoon to reject playing bloc politics and decoupling from China, according to the official Xinhua News Agency. Minmin Low reports…
Healthtech may prove to be the bright spots for companies such as Alibaba Health Information Technology Ltd. and Apollo Hospitals Enterprise Ltd. amid a post-pandemic lull. from Bloomberg Markets https://ift.tt/0zqHNRC
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
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
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
Kinger Lau, chief China equity strategy at Goldman Sachs, discusses the outlook for the nation’s stocks and the opportunities he sees. He speaks on “Bloomberg: The China Show.” from Bloomberg Markets https://ift.tt/CQMoAsP