Skip to main content

About your Search

20090604
20171124
STATION
DATE
2016 252
2015 239
2017 230
2014 227
2013 18
SPONSOR
LANGUAGE
Search Results 0 to 49 of about 966
Bloomberg
Aug 25, 2015 6:00am EDT
central bank to raise rates this year. he admits the matter is complicated by china, oil prices and a stronger dollar. or cleese says the fed probably will not raise rates until next march. -- barclays says the fed will not raise rates until next march. china is who donald trump blames for the market turmoil. they want president obama to cancel next month's visit by xi jinping. walker blamed the market tumble on what he called china's manipulation of the economy. he said president obama should cancel the visit. donald trump said he would give him a dinner, a mcdonald's hamburger. get down.'ve got to yuan, devaluation of the changes in currency, it has been an unbelievable market run. there has been a shift in gdp in the u.s. in the last two quarters. normal market a correction. but i'm still a long time believer in the stock market like warren buffett says you have to look at a long view. brendan: watch the interview with salesforce's mark benioff at 4:25 eastern on bloomberg television. portfolio gotyour hammered, the world's 400 richest people lost $124 billion yesterday. the bigges
Bloomberg
Oct 19, 2015 5:00am EDT
>> the slump in oil prices bites into the budget. china's gdp grows by that of an -- better than expected. good morning. this is "surveillance." . join me from new york is tom keene. we've got a lot going on. china's gdp is front and center. it's a huge deal. right now, we need to get to our first word news. isnie: china's economy staying close to the forecast. slowest poorlyhe expansion since 2009. that is set to off set exports. the chinese government wants it to grow 7% year. thed is taking site at biggest play since the civil war. they are backed by a ring in special forces and russian airstrikes. wave ofuld be another refugees heading west. the palestinians are giving up a wave of attacks on israelis. one israeli soldier was killed and 10 people wounded. the attacker was shot and killed in police say they shot and killed a foreigner by mistake. the iranian nuclear deal has now taken effect. all sides will have to start delivering on a promises they made. that means a limiting 95% of your rich -- enriched uranium stocks. the west is getting ready to lift economic sanctions. t
Bloomberg
Jan 19, 2016 5:00am EST
been 26 years since china has seen such slow economic growth. the trent this morning is in the wrong direction. markets find a business this morning. oil hovers below three dollars a barrel and on bloomberg surveillance, gary shilling on the continued repression. ind morning, i am tom keene zurich, switzerland. with us in new york is vonnie quinn and in london, caroline hyde. we see volatility this morning. yes, this is bad news being good news. playing into this we have breaking news from the imf to download global growth outlook. we have the global growth is 3.4 percent for 2016. that is down. they are also altering the 2017 outlook. but there is some strength from germany. tom: that is the conundrum. we see good economic data but at 3.4%, it really underscores her theme from two years ago, her new mediocre. caroline: commodities are the key area. get our first word newsflash. vonnie: good morning. china's economy has an crohn's in 25 years. last year, they crew the least since last year. the fourth quarter was the weakest time since the recession. they're blaming production
Bloomberg
Oct 29, 2015 5:00am EDT
league floats the ide of a growth rate for china. the reality of the biggest net loss in a decade. adjusted profit drop 70% after crude was. this is bloomberg "surveillance." i am jonathan ferro in london with tom keene in new york. it was a non-decision, but a hawkish hold? tom: deutsche bank said this was big. jon ferro will speak with alberto gallo and then john andng and richard claro -- richard clret -- arida. discussions include the u.s. and european allies, russia, and iran. russia backs syria's president, that recognizes he is a roadblock to solutions. trip toerkel began her china. a number of business deals are expected to be announced. the chinese will buy 130 airbus plans for $17 billion. a dramatic rescue saved 240 migrants. the greek coast guard pulled them from the sea. three refugees died, including 2 boatren when their capsized leaving turkey. more than half a million refugees have reached a greece this year. the number killed trying is unknown. republican presidential candidates try to break out of a night'smarket last debate in colorado. it focused on dollars and
Bloomberg
Jun 4, 2014 6:00am EDT
. >> within your travels in china, do the people of china know about this as we think we know? >> i think the younger generation does not know as much and people who question whether they want to know as much. they have lived a pretty good life. the quality of life is a lot better than their parents and do not need to jeopardize that. is china better off or worse later? this is something we want to debate. >> there we go to again -- begin bloomberg "surveillance." >> technology is the role of the moment. rule one is close the sale. sale to listener and viewer in the readers. nowhere is a study more acute than the vets being made by mr. zuckerberg and the crew at twitter. brian wheezer number one in my book on leaking -- linking this into the advertising world. it has been extremely valuable in giving us perspective. are facebook and twitter getting this right. twitter is working out a pistol have to figure it out. the second billion is the hardest. getting to a billion will not be a problem for them. what they are is not very well defined at this point in time. secondbook is beyond
Bloomberg
Feb 8, 2016 5:00am EST
exciting time, when china was growing the on anyone's expectations. it has been a really exciting period in my life. i've been able to live in india. i've been able to absorb myself in indian business. we have an owner, chairman, founder, who owns 70% of topcoat in the u.k., who is very bold and assertive about what will be the future for metals in india. that keeps us on a positive face. we are in the public markets in india and the u.k. we are cognizant of complying with public requirements. i see ourselves representing a ground-floor opportunity to invest in india with some of the best assets in the sectors we are in. we have 10,000 engineers in the business. the company is hungry. if i want to have something happen, it happens. we don't go through long periods of debate. we make it happen. tom: i'll go with that. i read two years ago, a 24-page powerpoint from bhp billiton, on their confidence they could clear the balance sheet. you had that challenge at rio. you are taking advantage of it with your indian company. how far through the process are we of clearing mining balance
Bloomberg
Jan 25, 2016 5:00am EST
notes on china and asia. david goldman on deflation. david goldman on george soros. stay with us. ♪ tom: it's called rochester -- that's what new york got last week. unbelievable. the snow new york got is just another january day. we welcome all of you, seriously, digging out of a serious storm on the east coast. we hope that you are safe today in your travels as you move forward. at some point i will explain where men are men and the snow is deep. i've done my research. it is time for our business flash. johnson ends talks to buy tyco, which could have been valued up to $20 billion. it says a deal may be announced today. they make commercial fire in and securities. people expect bigger bonus and they got a year ago. senior executives predict the average bonus will come to 143,000 u.s. dollars. up theirnco may open ipo to international investors. they say all options are being considered, but their oil reserves won't be put up for sale. francine: vonnie, thank you. will continues to trade at $31 per barrel. let's bring in our chief energy correspondent. javier, there seems to m
Bloomberg
Mar 10, 2014 6:00am EDT
stocks and global metals fell as china posted its biggest drop in japan, since 2009 and the economy expanding less than forecast in the fourth quarter. about 0.7%. economic news in the u.s., admittedly, nothing. as far as earnings go, urban outfitters reports at 4:00 p.m.. -- brunomaker moleskin cucina lee -- cucinelli -- >> he makes those fancy coats? >> i don't wear them but maybe scarlet fu. >> all the wicked fancy guys. >> and wicked expensive. wicked. >> a boston thing. let's do a data check. stocks, bonds, currencies, commodities and futures flat, 10 year yield turning off the better than good jobs report. the euro, 1.3877, higher through friday and through australia this morning. nymex crude goes nowhere. foreign exchange, the yen, desperateally getting into weakness and the ruble stays stubbornly week for mr. putin. , a decline. again, off of china. how about a chart from the bloomberg terminal? china boom, and we collapse. a classic rollover. >> a lower highs and lower lows. not good. leland miller will join us this morning. he has been dead on on the slowdown in china. rea
Bloomberg
Jan 5, 2016 5:00am EST
>> china intervenes. $590 billion selloff. we have new inflation figures, the 2% targets may be increasingly hard to achieve. the euro declines against the dollar. and more on the saudi attack in tehran. good morning, this is "bloomberg surveillance? -- this is "bloomberg surveillance." so this has been impact on the eurodollar. it also has an impact on the ecb's thinking. been keeping our mandate at 2%. and at this point, it seems impossible. tom: what is interesting to me is the further idea of deflation. depicted agermany spot here and a spot there and it becomes a concern for anchors. wherene: inflation is not mario draghi was expecting to be months ago. let's get to the first word news. vonnie: china has moved to prop up the sinking stock market. state-controlled funds in china -- equity. that -- willhows stay place passed this week's expiration date. both the shanghaied index and the shenzhen fell. allies in saudi arabia are following the kingdoms lead and are downloading their relationship with iran. they cut diplomatic ties with iranians. anwill no longer have abbasid ar
Bloomberg
May 15, 2017 4:00am EDT
china with asia, europe, and africa with infrastructure and investment. tom mackenzie is in the capital for us. what are china's hopes for such an ambitious project? tom: we have been getting more details about this vision, china's attempt to recast globalization in its own image. we have heard from xi jinping a pledge of additional $70 billion in funding for the initiative, and don't forget the credit suisse reserve. china could commit up to $28 billion for this. we have seen some of the policy banks, plus private banks like standard chartered, getting on to form a framework about financing. and in asia has told us about a $5 billion credit line they have for a high-speed rail link. are there has been he likes of the chairman of china's biggest oil and gas company telling us of $20 billion worth of deals he has been doing. as you .2, they are concerns here. on germans are holding back this project. they are concerned their companies will not be given a level playing field. they are asking, are european companies going to get the same look as chinese companies? we have heard some concer
Bloomberg
Nov 22, 2016 4:00am EST
. will china fill the void? things markets know with certainty about the trump presidency. all four major benchmarks making records. in a world of disrupted trade couldents, theresa may negotiate a better deal for britain. this is "bloomberg surveillance." i am francine lacqua in london. go morning. we have a great show set up. it is said to be the greatest trade deal in regional history. donald trump says the united states will withdraw from the transpacific partnership on his first day in office. the statement was included in a video outlining executive actions his administration "can take" on day one. meanwhile, all four major u.s. equity benchmarks climbed to record highs for the first time in 1999 as the market looked at odds of a december rate hike and it hit 100%. we focus on what the new white house will mean for investors in the tech space. as you get from minister reaches out to business leaders, we will bring you the latest on the brexit debate. first, let's great -- let's get to the first word news. here is no stretch a hitch -- here is nejra cehic. on the whiteate house
Bloomberg
Mar 31, 2014 6:00am EDT
atlantic. now russia and china are both expanding territorially. ways, --d meritorious in maritime ways. they're threatening countries like japan and australia. >> this is great geopolitical talk. i don't see this in your research. is this completely exogenous to what we do with our investments? >> there is always going to be geopolitical risk. the question is, what can you reasonably forecast? we try to focus on corporate earnings. are expanding through the euro crisis and the fear china hard landing and the rest desolate debacle. as earning season starts, i think we'll be ok news. >> do you pick up the petroleum or emphasize the exxon and mobil of the world? >> i think it is not quite overweight yet. shuttle diplomacy across europe as there were china figure out what to do with ukraine. a little shuttle the policy on the basketball court over the weekend. louisvilletucky beat on friday night, a huge game, then beat michigan last night, going up against wisconsin. we have florida versus connecticut and the other half. you're mr. international power. let's get national. final four?
Bloomberg
May 16, 2016 5:00am EDT
about china. there is news out there. every nuance is interesting. we move on to the challenges of venezuela over the weekend. i would suggest you have in your lead, brexit, front and center. we will talk about the brexit dynamic over the weekend. francine: we have more research and survey saying we should do this or that. let's get to the first word news. in iraq, a series of attacks have killed at least 29 people. 14 died in the attack. a series of bombings killed 15 others. dozens more were wounded. it is the fifth straight day of attacks in or around baghdad. in saudi arabia, john kerry met with -- about conflicts. he is trying to shore up a fragile truce in syria. there have been violations on both sides. discuss syrial again tomorrow with the russian foreign minister. the first time, joint military exercises will be cooperative into -- missile launches from north korea. six weeks to go before the votes. the campaign over whether the u.k. should leave the european union is growing more caustic. invokes hitler's name, supporters arehe losing their compass. president obama took
Bloomberg
May 20, 2014 6:00am EDT
espionage for china. good morning, everyone. this is "bloomberg surveillance." me, scarlet fu and adam johnson. important breaking news. the european union is accusing jpmorgan, hsbc, and credit agricole of rate rigging. the three banks did not sign onto the settlement deal last year. it looks like the european union is charging formal charges as a result. over each region having fixed rates that everything is based off of. the rate rigging affects everyone out there. thing isbtlety of this that the rate may have been manipulated lower, which at the surface says people are getting lower mortgages. but remember, it is a zero-sum game here. a continuing story. >> the three banks need to respond to the antitrust complaint in writing and at a hearing. >> let's get our morning brief. overnight, u.k. inflation accelerating faster than forecast on a higher airfares and shipping costs. that is a little bit in the weeds. no economic data to speak of in the u.s. earnings.number of >> home depot just reported. earnings per share is a little bit lighter than what analysts were looking for. nate --
Bloomberg
Sep 24, 2015 6:00am EDT
through our four hours of bloomberg surveillance. isnie: china's president promising to pump value into foreign investments. china will open up wider to the outside world. >> we will accelerate the legislation process and adopt the pre-establishment evidence list and put an end to government review of contract and restitution of an foreign investors in the process. the positive list will be longer and bigger. >> she leaves today for -- xi leaves today for washington to meet with president obama tomorrow. pope francis comes the first pope to address congress and there is likely to be something for everyone to dislike. liberals don't like his position on abortion and same-sex marriage and conservatives will clash with him on climate change and cuba. russia's vladimir putin is prepared to launch airstrikes on the islamic state from inside syria. bloomberg news reports that putin would rather have the u.s. and their allies coordinate their actions against isis. the senate will vote today on stopgap funding that would keep the government open past next wednesday but is not expected to s
Bloomberg
Dec 5, 2013 6:00am EST
a morning brief. bitcoin morning briefing. overnight china announced it will bar financial institutions from handling bitcoins transactions, a move to rein in the virtual currency after an 89 fold jump in the value. alan greenspan's take on bloomberg tv -- it is a bubble. >> it made quite a splash. >> absolutely. europe, 7:00 a.m., bank of england rate decision and then at 7:45 a.m., ecb rate decision and economists not forecasting a change. >> mike mckee our chief economic correspondent will be focused on the 8:30 a.m. press conference with mario draghi where there is a lot to talk about. >> including the possibility of a fed tabor here and what it could mean for rates rising in europe as well. a lot of economic data in the u.s.. 7:30 a.m., challenger job lot -- job cuts, then initial jobless claims of gdp and then bloomberg and -- bloomberg consumer convert and then factory orders and then 8:30 a.m. eastern treasury secretary jack lew will outline his 2014 regulatory agenda and discuss wall street reform efforts in the buzz word will be the volcker rule. 950 pages. let's
Bloomberg
Sep 15, 2014 6:00am EDT
n forced to look at china. the alibaba roadshow hits hong kong. rubber chicken will not be served. good morning, this is "bloomberg surveillance." we're live from our world headquarters in new york. i am tom keene with scarlet fu and adam johnson. there are no earnings today, is there? what else do we have? >> we still lamenting what happened with the jets last night and a crazy, crazy call. i'm not even going to go there. >> scarlet yelled, "timeout." --chinese industrial outlet output. its lowest level since the crisis. are going to get our own read on industrial production in this country at 9:15 along with capacity utilization, how active our factories are. throughout the morning, we will get some more data out of europe. no earnings. though we should mention that the japanese stock market is closed today. this is a holiday called respect for the aged. i think that is a very noble gesture. i'm not looking at you when i know that, i just want to be clear. i turned 48 this year. i'm getting aged, too. >> so you fall in that category, too. >> you are good people. secretary kerry
Bloomberg
Oct 13, 2016 4:00am EDT
today. the big news is that of china which is why we are seeing the dollar fall, the yen rise. most,exports dropping the global demand remaining tepid. 1.74% yesterday, it rose to the .ighest since june the fed last meeting revealed a close call during those discussions and nymex crude below 50. grew and differences emerge between opec over how members will share outlook cost. one chart i want to show you on the back of that china data. this is a breakdown of china exports i the region. this is the portion of the short -- chart. , exports to korea as well. exports to the eu falling 9.8%. that is the purple heart. 10% downments sliding 8.1%. one commentator saying falling exports to the eu and u.k. suggest a downside risk to china economic recovery for brexit. something we will be talking about with our guest. a close call. the feds minutes have given severals insight into -- several voting to hold rates last month. indicated it would be appropriate to raise rates relatively soon. pricing at nearly 70% chance of a hike in december . is it a done deal? if not, what could stop them. le
Bloomberg
Sep 4, 2017 4:00am EDT
suggests this time china is going to get tough. nothing ever changes. one of the problems is south korea. daniel was not completely correct in saying that trump was the one making divisions. there's been a division inside this alliance since may in the tough talk that north korea has been making has to be seen against a consistent softline down track. it was only a few weeks ago that new gene was saying south korea will do anything to avoid war. what happens, south korea would never agree with any sort of military action against north korea. that puts in a different perspective south korea's compliance with various shows of military strength. --hink kim jong un nones knows he is dealing with a softline south korean government and therefore with alliance that is not nearly as unified as it pretends to be. mark: south korea has paved the way for the full deployment of this u.s. defense system. doesn't that tell us he is getting south korea is getting more serious? brian: may be serious about placating the united states. moon jae-in's party was against -- some response to north korea'
Bloomberg
Aug 8, 2016 5:00am EDT
global rally after the u.s. jobs data. as fed hike optimism grows. china's overseas shipments stall, signaling tepid global demand. and trump tries to rebuild the campaign. repealingals include the estate tax. "bloomberg surveillance." there are many delta flights that have been granted because of a system failure, something to keep an eye on. we also have a little bit of economic data coming from germany. >> we also have a little bit from america. obviously, a light week in america after the festive set of data we got last week. i would focus as well, francine, what we saw from japan this morning. truly, since world war ii and back to the middle of the 19th century, quite an announcement from the emperor. francine: we will have plenty more on that, but first, let's get straight to the bloomberg first word news. reporter: more on japan. the emperor of japan is signaling he is ready to step down. said he is concerned he would be difficult for him to carry out his duties. succeeded by his son. secrets confirmed that information has been provided to the u.s. he claimed he had been kidn
Bloomberg
Nov 17, 2015 5:00am EST
plunging to the lowest entered a price since 2009 because we are concerned about china and the impact of the fed. it is a dollarthe stocks are hi. tom: we need to bring .urveillance" to a halt there is francine saying we are in london, the london metals exchange. bring up my second screen, this is based august -- this is the chicago statistic. terminal, the united kingdom, germany, and france. u.k. booming, france better than germany and something changes in 2007. i do not want to fold this too much into the terror friday. u.k. continues up. germany with the weak euro boom, france goes nowhere. tom: it will be interesting to see how defense spending, ignoring the euro area will affect this. friends going nowhere for a good eight years. francine: the french prime minister manuel valls said francois hollande will meet president obama in washington and vladimir putin next week in moscow. overnight strikes destroyed islamic state's command center in raqqa, northern syria. acrosshave made raids france and belgium where friday's attacks on paris are said to have been organized. let's cross
Bloomberg
Nov 19, 2015 5:00am EST
good at the strongest rates we have seen over the last two decades. china has a slow down and oil depend. we have one of the best rates for indian demand. seen demand having good data in terms of oil consumption. and the u.s., people are driving more, so the demand is fine. tom: i know you brought a map. we have a surveillance map. it shows geographically -- look. the orange line is 530 kilometers? 530 four meters, the record stock high. super put that in tankers, every tanker one after the other? it goes from here, our headquarters, almost to edinburgh. john studzinski, i have a question on the oil industry. sheetill we see balance of adjustment? the rollout in hydrocarbons? mr. studzinski: i didn't hear the first part of the question. sheethe balance adjustment in oio? everyone is waiting for the good will to become bad will, and then become no will. when will we see the adjustment? mr. studzinski: the capital markets have been pretty -- open to the oil industry in north america. on the equity and debt side. they have slowed down a bit on the debt side. it will continue to be fu
Bloomberg
Feb 23, 2016 5:00am EST
huge restructuring. he mentioned specifically china. it took a leg lower today. it is going to be that much more difficult. let's get to our first word news with nejra cehic. nejra: a boost from the business communlt. 36 chairman say it will be best for the economy if the u.k. stays in the e.u. leaving the union would deter investment, threaten jobs and put the economy at risk. rebel groups in syria have until friday to sign on to a partial cease-fire. the u.s. and russia agreed to this yesterday. a new controversy in the presidential race just hours before nevada republicans vote in their caucuses. ted cruz has fired his communications director for tweeting out a story alleging that mark rubio despairaged the bible. they said no lie is too big and no trick is too dirty. today president obama will send congress his plan for closing guantanamo bay. ina's president met with journalists and said the meetia wants to protect authority and curb the media presence in china. tom: let's get started with a data check. not that much going on. futures will down but what an equity market it ha
Bloomberg
May 21, 2014 6:00am EDT
from china deal, a large 30-year transaction. ryan had that's the other day in their important interview, and we will talk to ryan we hope in the coming hour. we have much more on this gas deal in china. you mentioned, adam, we could not get a trade deal done it with japan. >> correct. and by the way, he did not even go to china, yet mr. putin goes to china and comes home with a $400 billion -- >> they have been working on this for years. >> yes. >> it shows the power politics of russia as they look east and that they look south at ukraine. >> and as a power player, there was so much discussion over the past several years with russia as a superpower, and recent evidence suggests it is. >> let's get to the calculus of a brief today. >> overnight, here is what we learned -- u.k. retail sales increased for a third month in april and in japan, the central bank refrain from boosting stimulus. that is a good sign. they do not feel that they needed. are you with me? >> he is a playing it. >> the market -- >> it was up. >> 7:00, we have that the weekly mortgage application. that is a v
Bloomberg
Mar 13, 2014 6:00am EDT
adam johnson. morning brief. >> china's industrial output, investment, and retail group less than estimated in january and february. signaling an economic slowdown. on a better note, australia boosting full-time payrolls in february by the most in 20 two years. also in the region, new zealand raised its key interest rate, the first developed nation to exit record low borrowing costs this year. in the u.k., home prices growing in february but not quite as much as people had expect it. demand obviously easing. economic data, 8:30 a.m., retail sales, initial jobless claims and import price index. bloomberg consumer comfort index 10:00, business inventories, 2:00, and the budget. earnings before the bell, power weeral -- and at 2:30 p.m. will hear president obama deliver remarks on potentially increasing over time. over tominimum wage overtime pay. >> he certainly has a mission right now. >> and the little bit of electioneering moving to the first tuesday in november of this midterm election you. let me get through the data check here and we look at stocks, bonds, currencies, and comm
Bloomberg
Apr 21, 2016 5:00am EDT
francine: china's credit growth to the u.s.. before the financial crisis of 2008. druggie.or investors expect the ecb president to say that his program is working. we talked with algebras. as president obama leave saudi celebrations of the u.k., we talk oil and production freeze. this is bloomberg "surveillance." am francine lacqua in london. tom keene is in new york. we are looking at markets and the queen. that is probably a sideshow to what we're really looking at, yields on fixed income. tom: jim polson will join us. .o one ever says melt up it is always melt down. what a melt up we are seeing across asset classes. francine: or a belt sideways -- a melt sideways. before we go to the u.k., president obama wraps up his visit to saudi arabia. he is meeting with leaders from arab countries on the persian gulf. he reassured the saudi king that the u.s. is his countries allied. a u.s. official said that obama did not unleash -- back off of unleashing criticism. european central bank president may use a press conference of my designs that the ecb stimulus is working. inflation i
Bloomberg
Oct 20, 2015 5:00am EDT
>> the golden era. china's president starts his weeklong visit to the u.k.. david cameron looks forward to nearly $50 billion worth of deals. slow and steady. the president of san francisco's federal reserve -- we give you an exclusive interview with john williams. and canada votes and justin audeau swept into office with majority, ousting stephen harper. good morning, this is "bloomberg surveillance," i am guy johnson with tom keene in new york. i think i am most focused on the montreal canadiens who are doing everything good in the thisnal hockey league, election is a true majority. back 27 years when his father stunned the world with liberal theology for canada. it stuck up on us in the states. fors an important moment all elected officials, including prime minister cameron. this will be watched very closely and analyzed very closely in the united states. november 2016 -- it is the top story on the first word desk. here is vonnie quinn. vonnie: the biggest political comeback. justin trudeau swept into office. the ousted prime minister stephen harper and his decades of conserv
Bloomberg
Jan 2, 2015 6:00am EST
deflation. china's challenges in the new year, pollution and slowing economy are just two of them. colleges ramp up their bids for your charitable giving. good morning, this is "bloomberg surveillance." live from our world headquarters in new york, it is friday january 2015. tom keene is off for the day. time for our top headlines. >> first trading day of the year, the euro hit a 4.5 year low against the dollar. it fell to less than $1.21 after mario draghi said the bank may increase his stimulus. he says they're still a risk of deflation in the euro area. that sent italian and spanish bond yields falling. now at a record low. one of the most eloquent speakers of his time, at democrat made the case for the parties liberal wing. former new york governor mario cuomo died yesterday, he was 82. he served as three terms as governor. his speech propelled him into the national spotlight. he was considered elected presidential candidate in 1988 and again in 1992. each time, he refused to run. he bowed out as a plane was waiting to take them to new hampshire into the primary in 1992. he di
Bloomberg
Feb 1, 2016 5:00am EST
francine: china signals its six-month of deterioration. equity markets fall on the davos. february's long wait, the shortest month may prove the shortest. iowa, polls put hillary clinton and donald trump ahead to win party nominations. this is bloomberg "surveillance". i am francine lacqua with tom keene in new york. it seems it is always angst fighting the central bank. tom: we will bring everybody up to date on the shock and all of that negative interest rate call by the bank of japan, but you are right, it pulls right on to china and you see it within the market activity. francine: let's get straight to the bloomberg first word news. vonnie: after months of campaigning, the first votes are cast today and the race for the white house. a weekend poll shows donald trump with a five-point lead over ted cruz among republican voters. they question whether trump supporters will actually show up tonight. hillary clinton has a slight lead over bernie sanders. sanders is coding -- counting on young voters. civil war in syria began in geneva today. this after eight triple bombing
Bloomberg
Aug 1, 2016 5:00am EDT
lacqua in london. tom keene is in new york. waror: uber has ended its in china. they will take a market share in didi. uber investors haven't pushing profit ine china sisony postede the latest quarter. ony got a lead in gaming consuls by launching a virtual reality headset. a plan involving private investors to bolster finances for an italian bank. unicredit was the second worst performer in the stress test. francine: thank you so much, taylor. let's get more on the european bank stress test. nick, great to have you on the program. you have been looking at deutsche bank and barclays. were they tested in the right way with sufficient stress? nick: well, it is a question of who you ask. there are a lot of banks complaining how tough they were before hand. we have a lot of criticism of banks saying they could have been tougher. scenarios which are a lot tougher than they were the first time around. on top of that, if you are a big investment bank, this time, you have to take account of your potential legal risks. that hurt a lot of the big banks , especially deutsche bank. 220 pointse bank
Bloomberg
Jan 28, 2015 6:00am EST
factoid. >> how about this one? $556 per every american. apple's biggest market is china. they have less than 10% of the market in china. we will show you how apple stacks up to competitors in china. the only tech company that is actually growing is xiaomi. >> this is about a premium product with premium products. >> rignet china choate -- chart -- bring that china chart up again. they are stealing samsung. apple is tooling along at 7%. >> what does this say about doing premium? they own it. >> that is safe to say. you need the mass market if you want to drive it totally. >> does apple have a mass-market? >> they are on the edge of it. there is still a massive opportunity for one or two other players. wait until xiaomi starts producing in the u.s. >> does apple software need to be fixed? >> i don't think so. >> the app store had record-setting profit as well. tim cook said, nearly one billion apple products are out there on the market. it is totally unprecedented. >> tim cook said this volume is hard to comprehend. >> that is correct. it is not about product or fan boy or fan girl.
Bloomberg
Aug 5, 2014 6:00am EDT
and china had a summit, the total number of deals was $20 billion. sir martin, $14 billion, is that a good number? >> i think it is a good number. expansionf africa and , we're certainly seeing strong interest from our clients in exploring out of south africa into west africa, east africa, even northern africa, despite the political tensions there and the issues. africa in terms of growth for us is about $750 million worth of revenue now out of $19 billion and growing. it is one of the fastest billion -- growing subsectors. there are big challenges. not just ebola. corruption as well. the other thing is that it is a very fragmented set of markets. people forget that there is very little concentration and there was a tremendous spread of markets. therefore, efforts tend to be rather fragmented. do i feel what? >> we will come back to it. [laughter] we are sure to come back to it. >> hans, we will catch up later. throughout the hours on bloomberg television. bloomberg television will have all-day coverage of the u.s.-africa leaders summit in washington. be sure to keep it tuned bloomb
Bloomberg
Sep 4, 2015 6:00am EDT
threat. a fed hike could cause -- one more sign of china's economic was, the measure of private sector business conditions in hong kong have fallen to a 60 year low. the pmi gauge fell below 50, meaning activity in business is shrinking. hong kong has been cutting down at the fastest rate since 2003. the republicans have got donald trump on board. trump has signed a pledge agreeing not to run as a third-party candidate if he does not win the presidential nomination. he explained why at a news conference in new york. donald trump: the best way for the republicans to win is if i win the nomination and go directly against whoever they happen to put up, and for that reason, i have signed the pledge. [applause] vice president joe biden is unsure whether he will run for president. he says it will depend on whether his family has the emotional energy to do it so soon after the death of his son. at the u.s. open, number three seed andy murray rally to make it to the third round. he lost the first two sets. meanwhile, second-seeded roger inerer one his match second straight sets. tom: and the w
Bloomberg
Dec 11, 2014 6:00am EST
china, alibaba, the platform is a financing platform as well, because they give supply credit. >> lending club's main products are three and five-year unsecured consumer loans with an average interest rate of 14%. >> it's an experiment. >> let's bring it up, which is a very high-priced consumer credit, which drew a lot of criticism. church of england has actually been an investor in funds that invested in them. >> that's an interesting background. >> absolutely, raised lots of interesting questions. >> coming up in our next hour as we look at a busy day -- we'll get perspective on china. stephen roach on the fed as well. peter orzag with us in that hour. i don't have a job, this is great. it's a hormone day much stay with us. ♪ >> good morning, everyone. "bloomberg surveillance," your house for tabloid morning reading. we welcome all of you on economics, finance, and our celebrity from scarlet fu's world of gossip. brendan greeley gets started with our morning, and i mean it, it's a must read. brendan, help us out. >> i don't understand how you can expect me to do anything,
Bloomberg
Dec 21, 2016 4:00am EST
already shaken relations between the u.s. and china by taking that phone call from the taiwanese president. the whole one china policy has been central. how do we expect u.s. foreign-policy to be conducted under trump? andrew: well, one must hope not by twitter. thing that the first comes into his mind. he says he is a clever man, which may or may not be the case. i have no idea. there are degrees and sorts of cleverness, in any case. one is to prepare the ground and think it through. the other is to say the first thing that comes into your head and you hope it is right. so far, it is more the latter. but he is still, in some part, on an election campaign. mark: he is not president yet. , associate at chatham house. gabriel stern is back in a second. i want to tell you about monte dei paschi shares. they are slumping today. they have been halted, down as much as 17% today. getting a few headlines. monte dei paschi says liquidity may turn negative after four months. comments on risk are in its prospectus supplement on its website. it is desperately trying to raise this fresh capit
Bloomberg
Apr 16, 2014 6:00am EDT
below the bank of england's seven percent threshold. certainly good news, right? in china, a very different situation. the lowesto 7.4% since 2009. the bad obviously. >> china with a one quarter number you get under six percent , so there is a mixed set of data. >> speaking of numbers, we have more right here in the u.s.. economic data, at 7:00, we get the weekly mortgage application number. it is volatile but we mention it anyway. then housing starts and industrial production and capacity utilization, that might read the highest since 2008. at 2:00 we have the fed beige book which will be released. earnings before the bell -- bank of america at 7:00. i will be looking for those numbers. after the bell, ibm and google. >> bolivia focused on google as well. let's get a data check in stocks, bonds, currencies and commodities. futures up nine. gonear yield has really nowhere. euro-dollar, 1.3838. nymex crude, a big deal. american oil at 104.65 and print crude at 110 exactly. you can see with the vix, 15.61. better equity market then the carnage last week. the ruble, i will get to tha
Bloomberg
Oct 19, 2016 4:00am EDT
the picture overall. on the back of what the china gdp brought to the forefront. it is a touch of caution when you look at the financial markets. as china's economic data was in line with expectations but at the same time provided few positives for investors. crude at 50/79 -- and crude281 at 50.79. this is monetary conditions. anything above 100 indicates expansion. this is also an economy that has been widely controlled by the government. you can see that since 2011 we have seen that bump in the beginning of last year and then it is teetering o-- petering off a touch. starting on china, economic growth remained stable in the thir quarter. gdp rose 6% from a year earlier. that all but ensures the government's full year target will be hit. china's holdings of u.s. treasuries fell to the lowest level since november 2012. the second largest economy draws down as foreign reserves. $1.19 trillion in bonds, notes and bills in august, down over $33 billion. that is the biggest drop since 2013. saudi arabia is said to have revealed to investors how much it is willing to pay on his debut
Bloomberg
Mar 7, 2017 4:00am EST
. china's finance minister says his country has flexibility to adjust its budget deficit ratio. this signals the government will increase spending in line with the growing economy while paying off debt. china's foreign currency reserves have unexpectedly halted a seven-month losing amidk, rising and february controls of capital outflows and the rally in the u.s. hammondncellor philip may deliver a boost for bondholders in his budget tomorrow. a bloomberg survey of analysts found forecasting gilt issuance in the next fiscal year will be the lowest since its financial crisis a decade ago. beating expectations since the brexit vote, analysts see improved growth projections reducing the need to borrow. after a euphoric market debut, snap shares have fallen for the first time in three days. they closed more than 12% lower yesterday, below the opening price on the first day of public trading. analysts began weighing in with thoughts on the true valuation. but the stock is still almost 40% higher than its $17 ipo price. more thans powered by 2600 journalists in more than 120 countries. i am
Bloomberg
Sep 19, 2016 5:00am EDT
it is in hong kong. the mostn hong kong since january. there is speculation that china's central bank was fighting to -- tom: let's set up wednesday with the fed and the big of japan and they are linked to the wish of the strut a million times. can we go with each fed meeting -- here we go with each fed meeting. we see where we are on the two year yield. the major messages in the center of the screen in that rollover of the circles over the recent 1, 2, 3, 4, fed meetings and some of that is due to the economic malaise. tom, i also had something that i had to work on. if you look at the terminal, it was the correlation between vicks and yen. you can see that correlation is not as correlated as used to. that chart very shortly. joining us now for the hour, chiefbevan, he is economist at hsbc. thank you so much for joining us. james, if you look at the boj and the fed, it is an awkward timing. the boj on the morning of wednesday and the fed later on. boj becauseould be if you look at traders, they don't know to think. james: the boj looks limited room for maneuver. he would have to
Bloomberg
Dec 8, 2015 5:00am EST
ore. and china's trade slump. export slide for a fifth straight months and imports decline for a record 13 straight months. good morning. this is of course bloomberg "surveillance" i'm guy johnson in london. with tom keene in new york. there has been a change in the landscape in the last two days. what i liked his we are going to talk to a smart set of people through all of "surveillance" this morning. they will join us later on radio. we have got doug of isi in this hour. and paul gate of sanford bernstein in our next hour. smart experts on this commodity implosion. guy: setting you up for what is turned out to be an interesting tuesday morning. all those guys coming up. let's get you the bloomberg news. nejra: thanks, guy. china's trade slump just keeps getting worse. chinese exports fell in november for the fifth months in a row. and the drop in imports has now hit a record 13 months. the trade data comes a week after reports show china's factory conditions fell to their weakest level in more than three years. for the first time authorities in beijing have raised an air pollut
Bloomberg
Jul 6, 2017 4:00am EDT
. reporter: the trump administration says china and others are not doing enough to reign in kim jong un's regime and threatened to cut ties with any nation that does business with with korea. the issue is set to loom large over the g-20 summit. poland's defense minister says the deal would not have been possible without president trump, who is visiting warsaw. this was the the first patriot missiles delivered by 2022. deutsche bank is preparing to move large parts of the trading and investment banking assets they currently books in london to frankfurt. according to people familiar with the matter, the plan, which is still being finalized and would be reviewed if the brexit scenario changes, will be implemented over the next 18 months. a spokesman declined to comment. john mcfarlane says he is confident much of the trading, clearing, and fund management activity involving the euro will remain centered in london. that is in contrast to dire predations of a mass exodus of britain.eaving he spoke to bloomberg in his capacity as they head of the lobby group thecityuk. >> i think the issue is a
Bloomberg
Sep 23, 2014 6:00am EDT
ramifications for america, and hire appliances on china. can they put the maytag repairman out of business? good morning, this is "bloomberg surveillance." we're live from our world headquarters in new york. it is tuesday, september 23. i am tom keene with scarlet fu and adam johnson. >> overnight, china's manufacturing teetering on contraction, same story in europe. ath of those pmi numbers 50.5. when you go below 50, you're contracting. we will get our own read on you as many fracturing at 9:45. the richmond fed gives a read on manufacturing at 10:00. earnings, really only two of note, carnival which is at 9:00 15, bed bath & beyond after the close. >> very good. front and center, a lot of news. let's get to a data check. i almost did not do a second screen. futures negative. less weight than i saw yesterday, euro advancing. hydrocarbons churn. on to the second screen for quick check, dollar-ruble with a focus on syria, a little bit weaker. gold advances this morning, up eight dollars. there is a data check. let me look at the back monitor on what is going on in syria. back 40 y
Bloomberg
Oct 15, 2015 5:00am EDT
have done a lot of work with china, in these chinese companies, that had questionable results trying to reverse. we will talk about china next. tom: we will talk about the challenges that china is facing. later today, david blanchard will join us, formally with the blank of england. the markets haven't moved to a lot to talk about, but particularly the real economy. stay with us. ♪ tom: good morning, everyone. tom keene and francine lacqua. vonnie is in new york and she gets us started with a business flash. vonnie: netflix hit a speed bump, reporting third-quarter u.s. subscriber growth missing estimates. netflix is making the introduction of the new chip taste debit cards. they can collect from customers who hadn't updated their account information, which led to a bigger than expected turnover in subscribers. tesla begins distributing autopilot software for its model s electric car. it would help drivers stay in their lanes or change lanes for them. it would also allow them to park themselves. drivers will still have to grabbed the steering wheel every 10 seconds to keep it from
Bloomberg
Jun 20, 2016 5:00am EDT
shooting stars out there. mike: i think it is relatively clear that the biggest challenges china and understanding how they make that transition from bring -- being a pure mercantile to being more domestically focused. they have had a recent strong increase in debt. when any of us look at the yen, the risk is china and how one understands that transition. tom: let's continue on the global ramifications of some of these markets. no question, the move today is a move of optimism. coming up, a conversation with mohamed el-erian. an important op-ed on "bloomberg view." london. week from francine, myself, michael mckee, john farrell, matt miller, a cast of thousands -- from london. ♪ francine: welcome back. it is "surveillance." tom keene in london for the week. we are wrapping up our coverage -- ramping up our coverage toward brexit and remain. tom: it is moving coverage. francine: it is time for my morning must-read. tom: please. francine: it goes back to risk and that we do not talk about china as much as we used to. 's risk suddenly dissipate and might it return? this is asking what
Bloomberg
Nov 9, 2015 5:00am EST
friday's blowup pay figures. china's weakness is a slump in china trade flows worsesen and the economy drops to the lowest in almost three weeks. avoiding a lehman moment, banks face a shortfall of $1.2 trillion under the stability board failure rule. ine francine lacqua joining tom keene in new york. tom: big gross says it's 100% probability. he's joined the optimists. he's like ok, bill, catch up. nice. francine: we also have to talk about bangs after the financial stability board made it real. banks have to hold this amount of money. tom: isn't that a fact, francine, the swiss banks are ahead. everybody is chasing zurich, am i right on that? francine: you are right but they have much stringent rules and has been the last couple months. tom: do people know we're on speaking terms unlike me and vonny? francine: is that for real? tom: francine, how cool is that? francine: let's get the bloomberg first word news. >> good morning. there may an crackdown in the wake of the british plane crash in egypt. the officials say the crash was caused by a bomb. the u.k. secretary says higher levels
Bloomberg
Jun 30, 2017 4:00am EDT
under fire for his tirade against a tv host and it moves markets. we also talked china and we approach the 20 the anniversary of the hong kong handover. this is bloomberg. ♪ francine: this is bloomberg surveillance. let's get to the bloomberg business flash. shares sees one time negative impact from its brazilian crops business. shares rallied after the company delivered a rosy forecast and announced it plans to forge a closer relationship with shoppers. it expects sales to increase by mid to high single digits. nike also unveiled a project to sell shoes for is to graham and starting to offer goods directly via amazon. goldman sachs analysts are trying to figure out how they -- can get back into the commodities market. the bank that knowledge is some factors were unpredictable, including rising oil prices in libya and nigeria in the impact on the weather on the crops. the firm admits this leaves the question of how we did and how did we get it so wrong? and that is the business flash. francine: donald and vladimir putin are to meet first time. the face-to-face next week at g
Bloomberg
May 11, 2016 5:00am EDT
what is now. nandini, what i see is malaise. malaise with the challenges of china. they desperately need a better china, don't they? >> it's true. the european growth story is 2% gdpthrough, 1% to growth. what they need and european markets is that level of connection to china. when china is demanding less, you have equities listed in germany or france or even spain exporting a lot less. a bit stronger with the euro. chinese demand, european growth is in that 1% to 2%. tom: i'm going to suggest a productivity reaction of the developed world, a brussels or amsterdam, is a little bit different than manila or beijing. what will be the catalyst to jumpstart em growth, and particular china growth? -- and particularly china growth? >> the near-term prognosis for that is we are not going to be seeing much more optimistic news coming. what is already very encouraging compared to where things were at the beginning of the year is that the downside risk of a very deep downturn and financial crisis within china, that downside risk seems much more limited now. that is probably the most optimisti
Bloomberg
Sep 15, 2015 6:00am EDT
overtaking u.s. fundamentals here, especially what is happening in china. if they were to hike the september, i think it will be a mistake. tom: what did you learn from the bank of japan today? the bank of japan is important. why is it important, and what does their decision mean for chair yellen? david: i spent three days last week in tokyo, and the sentiment among my clients in tokyo was very depressing. growth waster gdp negative. this quarter it loosely gdp is going to contract again. years afteran two japan printed more money and with the yen going down 50%, japan is already in a technical recession. one is that tell you about -- what does that tell you about qe? brendan: the same thing is happening in india, which is the central bank is forcing the government to act. david: the problem with japan is also a lack of instruments at this point. b's, butld buy more jg be that would destroy the market. brendan: wheat keep talking about monetary policy tools. -- whenan knees is not japan needs is not monetary policy tools but structural reform. david: if the japanese are watching wh
Bloomberg
Apr 16, 2015 6:00am EDT
important is to fix the economy. tom: ken rogoff will be with us later. china and the asia infrastructure investment bank. there is the relationship of the u.s. and china and china and the imf. how should the president react to a new assertive china? john: at the g 20 summit in november 2010, there was an agreement to reset and reform imf voting patterns that would have increased china's share of the imf-- tom: that is blocked by congress. john: the government has not managed to arrive at an agreement to approve it. as a result, here it sits with only the u.s. blocking this universally approved reform. that cannot be good. tha a -- the aiib, that's an institution that has a clear role. the other is the international institutions have welcomed it. the u.s. position might be reflecting the difficulty the administration sees in getting congressional approval in joining but it at a note of difficulty for international governance. tom: you came out of the midwest. cedar rapids iowa. good morning. an esteemed career and economics. the money question, how do you respond to america
Bloomberg
Dec 30, 2015 5:00am EST
china and oil drive the market today. joyce chang warns that it may be groundhog day in 2016. that is not look commodity companies want to hear. two of them are in trouble. buying stocks as a company, and selling them. this is bloomberg "surveillance." and tom keenea remain on vacation. i've been mistaken as tom keene. asnie: i have been mistaken francine lacqua. we will start by checking first word news. moving closer to getting syria's president to extend his stay in power. the u.s. is opposed to rush's assistance that they be allowed to compete in a presidential election. china has a warning for taiwan. cutting ties with taiwan could collapse if taiwan refuses to recognize the framework that has governed the nation for two decades. the leading candidate in taiwan says there are other options for negotiation with the chinese government. iraqi troops recaptured ramadi on monday. there are still some fighters there. they have launched a few attacks . former new york governor george pataki has quit the race for the republican presidential nomination. he is the fifth republican
Search Results 0 to 49 of about 966