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Search Results 0 to 49 of about 75 (some duplicates have been removed)
Bloomberg
Jan 11, 2017 8:00pm EST
china must be warned off. 30 minutes away from trading day in hong kong. have japan data, the yen strengthened. we have equity markets in new york, all giving us clear indication where we should be going. we are looking at singapore, taipei -- it is all going on. >> asian markets set for the highest close since october. sharese have japanese lingering, the greenback held onto wednesday's losses. 7%,iler family mart down giving us a preview what to expect from retailing later results tonight. materials supporting games a second day higher. the yuan strengthens the most against the dollar against emerging currencies. we have shipping rising as much as 29% after trading in shares was suspended on wednesday. sticking with the korean space, a quick check on samsung's shares in the wake of what went on with german lee. halting alding a -- 4 day rally. more with the latest on samsung in just a little bit. when it comes to the commodities sorry, looking with currencies, we have a weakness continuing in the dollar. ase yuan climbing as much 1.1%. we are seeing the yen coinue its price agai
Bloomberg
Feb 1, 2017 8:00pm EST
promise of tax cuts. haveout 30 minutes, we china. closing the gain for the lunar new year holiday. also, coming on stream at the bottom of the hour. kuala lumpur and taipei have started their session. attempted start for asia and mixedx picture -- a picture across the region. we have what is going on from the economic data. on. a look at what is going we got a trade balance number this morning. we have shares rising for a second day in sydney. givening up here inflation numbers that we saw this morning. we had glencore trading halted this morning pending of full-year output report. look.take a high.an at a three-day most sincea rose the two any 12 -- 2012. let's take a look at the aussie as well. a bit of chart resistance going towards the 77 area. not much reaction in the bond curve. p thispull of this -- u chart to show you the trade balance. you can see this in green on the far right of the screen. that is the surplus that we saw. have of 25 economists projected the number two past the surplus setback in 2009. rishaad: thank you. the federal reserve giving a nod to the rising e
Bloomberg
May 20, 2017 9:00am EDT
in europe and latin america but very profitable in china. why are you so successful in china? the manufacture the cars they are? mary: yes, we manufacture several cars there. it is a very strong brand. it had a rich history in china of driving some of the chinese officials around back in the 1920's and 30's. a great brand. we have been able to grow the chevrolet brand and cadillac. cadillac is one of the fastest-growing luxury brands. we build many of the products in-country here. david: general motors used to have more brands, pontiac, oldsmobile. now you have chevrolet, cadillac, buick, and gmc. are those the main ones in the united states? mary: if. -- yes. david: cadillac is your premium, right? in also makes the presidential limousine which is bombproof. what is it like? mary: i cannot comment. [laughter] david: i guess the average person could not afford to buy something like that. probably not. motors but itral was a dominant company in the united states. and it went south. what was the atmosphere like working there? mary: clearly, it was difficult. across the globe, we hav
Bloomberg
Aug 5, 2017 11:30pm EDT
china? joe: china. the chinese way is typically sit down and smile. francine: and behind closed doors? joe: and look what happens. today, with the western world, having not yet fully straightened out what we mean by what we say. china says, hey, if there is no western lead anymore on global trade and things like that, then why don't we do this job for them? because we have 1.6 billion people, so we are more than europe and the united states together anyways. so why bother? just a couple months ago, i was at the one belt, one road summit and president xi was the keynote speaker. it was his summit. he said we're going to build the old silk road. 65 nations signed up, 100 state leaders there. there might be more than the 65, but they are going to bring about $200 billion in financing to build this. he said, you know, the silk road in ancient times has brought peace and trade and all that good stuff, so why not build it again? well, if you take this one step further, think about it. 65 to 100 nations in the western world don't know how to deal with global trade and things like that, what
Bloomberg
Apr 2, 2017 2:30pm EDT
believe me, britain, russia, brazil, argentina, china, india -- believe me, it is not quite there. we have a magnificent work ethic. we have innovation from the core of our bones. you can ask anybody in this room what we can do to be more productive. it is not just steve jobs. we have the widest and deepest financial markets the world has ever seen. i just made a list of these things. it is extraordinary. it is extraordinary. we have it today. yes, we have problems, but you travel around the world -- get in an airplane and travel around the world and go to these other countries and tell me what you think. go to europe. talk about tough regulations and bad politics. we have it all. we have done a pretty good job shooting ourselves in the foot. [applause] david: you would never consider running for office, which you? [laughter] jamie: i would love to be president of the united states of america. until donald trump -- i said you would never have a rich businessman who has never been in politics be president, so i was clearly wrong about that. it is just too hard. you have to be a senator
Bloomberg
Apr 8, 2017 9:00am EDT
lunch. and there was civil war in china. anyway, he was a little nervous. and i said, we are not going to spend time in the past. all i will say is, you did the wrong thing for the company. i made a lot of mistakes too, and here are some of the mistakes i made. after i gave him the mistakes i made, he said, thank you for sharing that with me. we had a very nice lunch. it's not quite clear that he did the wrong thing for the company. life goes on. david: so, you were in a small office, as i recall it, at the seagram's building. you rented a small office. jamie: after i got fired, you mean. david: you had a small office. jamie: this shows you how stupid corporate america gets -- the company had been set up. we had a cochairman and co-ceo. i was going to be the president and run the global corporate investment bank and other jobs. because those turmoil among management deals are very tough, we had tried head of asset management, cohead of consumer, and all of the staff of technology reported to me. instead, all of the staff was reporting to sandy and john. when they did that, i said, you
Bloomberg
Aug 20, 2017 10:00am EDT
more and more popular over time. i think it is clear in china that didi is the only player. you can see where, if they keep executing well, this is the huge opportunity for them. this also plays into the needs of the country, where you don't want to have car ownership. you want more rain cars. it's much easier to take large players like didi and get them to work with the government. and getting the green stuff, electric cars. emily: so uber has pulled out of china, out of russia. do you see them making the same decisions in india, in southeast asia, in brazil? nikesh: i actually believe it is possible for two players to coexist in the market and coexist happily. but i think it requires the markets to rationalize and stabilize. there are many industries who have multiple players that coexist like telecom services. they are competing every day with someone to make a large amounts of money like the cable industry. i think it is a large market. can they go it alone? i think they probably could. emily: do you see that with uber and lyft in the u.s.? that this is a two-company market? nik
Bloomberg
Apr 1, 2017 9:00am EDT
believe me -- talk about britain, brazil, argentinia, china, india. it's not there. we have a magnificent work ethic. we have innovation from the core of our bones. ask anyone in this room what can you do to be more roductive? it's not just steve jobs. we're the wisest and deepest financial markets the world has ever seen. i just made a list of these things and maybe i missed something. it's extraordinary. it's extraordinary. and we have it today. yes we have problems. but when i hear people -- if you travel around the world, get in the airplane travel around and go to these count riss and tell me what you think. go to europe. talk about tough regulations and it's not just steve jobs. we're the bad politics. so we have it all and we just need to fix -- we have been shooting ourselves in the foot, in my opinion. we've done a pretty good job shooting ourselves in the foot. [applause] >> you would never consider running for office. would you? >> i would love to be president of the united states of america. ok? and until donald trump got there they said you'll never have a rich bu
Bloomberg
May 13, 2017 1:00pm EDT
: your business is very profitable in united states, not as much eope but it is profitable in china. why are you so successful in china? do you manufacture cars there? mary: yes, but i think is back to the buick brand. in is a strong brand. it had a rich history in china of driving some of the chinese officials around back in the 1920's and 1930's. great brands. we beenblto grow the chevrolet brand and the cadillac. the cadillac is one of fastest-growing luxury brands. we build many of the products in country. david: you used to have pontiac -- have a lot more brands, pontiac that has gone away and oldsmobile. now you have chevrolet, cadillac, buick and gmc. are those the main ones in the united states? mary: yes. david: cadillac, that's your premium. right? it also makes the presidential limousine, which is like bombproof or something. ever been in that car to see what it's like? or you cannot comment? mary: i can't comment. [laughter] david: i guess the average person cannot afford to buy some thing like that. probably not. [laughter] you joined general motors in it was a dominant comp
Bloomberg
Jul 29, 2017 3:30am EDT
that apple not miss out on cars? ♪ emily: let's talk about the world's second-biggest economy, china. how does apple navigate what seem to be uncertain economic and political waters there? tim: china, for us, we make all of our decisions for the long-term. and so, we are not investing for next quarter or next year, we are thinking about many years out. and as i stand back and look at china, i see mega-trends that -- there that make china an incredible market, and i don't mean just a market to sell in. i also mean a market for application developers. we have 1.5 million application developers in china now. probably closer to 2 million. it's an incredible marketplace for talent, and in terms of the size of the marketplace. so this -- the short-term kinds of economic moves up and down, i don't get too excited about. emily: how realistic is it to expect that double-digit growth for apple can continue in china? tim: it didn't continue last year. emily: are the days of double-digit growth over? tim: i think we will do better this quarter than we have the last several. that doesn't mean tha
Bloomberg
Jan 6, 2017 9:30pm EST
, but it is starting to fall behind countries like australia and china when it comes to production. and in china, it is a one stop shop with the mining and battery production happening together. this is a leap chilean companies have been unwilling to make. maybe make the batteries here in chile? >> well, for me, it would be company, weut the mining,rts in experts in producing lithium. if we put that to produce batteries, we will probably not do as well. ♪ ashlee: things have been tense between the mines and the chilean government. the feds have put strict quotas on lithium production and have also been trying to act tough and save face after some politicos were accused of taking bribes. environmentalists are not huge fans of the mines either. they say water is being sucked from nearby lagoons that feed these flocks of sunning fleming goes. flamingos. >> what we do here has absolutely no impact on the flamingos. we are still responsible for what is happening with them. we need to do counting of the flamingos every year. we identify them by the feathers on their tails. ashlee: the
Bloomberg
Sep 17, 2017 1:30am EDT
is bloomberg. ♪ ♪ stephen: welcome to china, birthplace and home place of juggernaut alibaba. i'm stephen engle, and what a past 18 years it has been, transformative for not only alibaba, but china as well, and the global internet economy as a whole. and we were here for the 18th birthday bash. [applause] stephen: packed in with 40,000 employees into an outdoor stadium. and we spoke exclusively with group executive chairman jack ma.
Bloomberg
Mar 31, 2017 9:30pm EDT
lithium deposits in the world, but it started to fall behind countries like australia and china when it comes to production. in decline, it is a one stop shop with the mining and battery production happening together. this is a leap chilean companies have been unwilling to take. >> maybe you could make the batteries here in chile. >> well, for me it would be great. but the company is an expert in mining and producing lithium. it would put us to produce batteries, we are probably not going to do it well. >> things have been extra tense lately between the mines and the chilean government. the feds have put strict quotas on lithium production, and they have always been trying to act tough and save face after some were accused of taking bribes from the mind. environmentalists aren't huge fans of the mines either. they say that water is being sucked from nearby lagoons that ed these flocks of flamingoes. >> what we do here has no impact on the flamingos, but still we are responsible of what happens to them. we do a counting of the flamingos every year. we identify them by the feathers on the
Bloomberg
Apr 30, 2017 7:00pm EDT
pressure on pyongyang. president trump has threatened to act alone if china does not rein in its ally. the first official economic indicators for china signal growth may be slowing with the factory gate falling to 51.2. tighter property curbs and stricter financial regulations are likely to hit output at well. has takenovery another step forward with $4.5 billion in operating profit, leaning on the playstation, where operating profits will account for about a third of total profit. the company is expecting strong growth at its memory chip division. high order to maintain a profit level, we should challenge new business areas, but we should not be too aggressive. details about the management strategy will be announced in may. haidi: the french presidential macron has won an endorsement from angela merkel, saying he would make a strong president. she said her support should not the as a surprise given candidacy of marine le pen. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. a quick check of the markets, setting up
Bloomberg
Mar 15, 2017 9:00pm EDT
of the trading day across china. tom rishaad salamat coming you from bloomberg's asian headquarters. ♪ i am haidi lun in sydney. digesting the morning after after that much-anticipated and largely expected move from the fed, but all the talk is about where we go from here. fitch for one saying we will get andn rate hikes over 2017 2018, but most people we have spoken to this morning has seen that as overly hawkish. rishaad: indeed. janet yellen saying when asked whether three rate hikes would count as being gradual, and she agreed with that, so perhaps three this year and four if fitch is correct. looking at the open in hong kong. free market come all stocks on the hang seng moving to the upside, except one notable exception, cathay pacific. let's see how that is playing at and get to the start of the session. here is sophie. theie: hong kong with biggest advance, up 1.4% despite the drop in cathay pacific. followed by taiwan and malaysia. .upport for the taiex we do have chinese stocks rising for a fourth day here, led by minors and industrial stocks. i also want to look at what
Bloomberg
Apr 12, 2017 9:00pm EDT
when it comes to trade ministers around the region given comments from trump that china is not a currency manipulator, to take a notch down when it tensionstrade between the two superpowers and the on flow effects for asia. rish, what are you watching today? haidi: rex tillerson warning about the dangers of this relationship between moscow and washington, d.c., saying relations are at dangerously low levels. we are looking at aussie jobs though. we just got breaking news , australian jobs numbers rising 60,900 jobs in march. again, another blowout, unexpected, unpredictable figure . we were looking for 20,000 jobs to be added. 60,000 is quite a beat, 64.8% for participation rate, so again, a beat as well. part-time employment falling 13,600 jobs in
Bloomberg
Jul 16, 2017 10:00am EDT
. your father is trying to talk his brother out of moving back to china but at that time your father said, this would be a better place for my son to learn to play cello. yo-yo: what happened is that by total coincidence my sister, who played very well, violin, piano, and we did a small performance someplace in manhattan on our last stop. this franco-american lady who had founded an elementary school in new york was looking for a music teacher, had heard about a and said i dr. m , am kind of interested. she came to the concert, and then decided on the spot to ask him to teach at her school. had we not met this lady, we would have gone back to france and i would have, you know -- david: you might be in private equity. yo-yo: or i might be kissing you on both cheeks. david: you were already fairly accomplished. because we are in the kennedy center -- yo-yo: it depends on how you define accomplished. david: by almost any normal standards you are already well , known. you already met the man that most people consider the greatest cellist in the first half of the 20th century. did you mee
Bloomberg
May 1, 2017 3:00am EDT
tough. >> lower commodity prices pushed china's official factory gauge lower in april, declining from a five-year high. 51.2acturing pmi fell to from 51.8 in march, missing analyst expectations. the first economic indicator for the second quarter signals growth of the world's's second-largest economy is set to slow after unexpectedly picking up in the first three months of the year. the united states is considering a range of options as it reaches out to allies in confronting north korea's latest provocations. h.r. mcmaster said the elastic missile tests this week were in "defiance" of the international community. >> we have to do something, again, with partners in the region, and globally, and that involves enforcement of the u.n. sanctions in place. it may mean ratcheting up the sanctions even further. then it means being prepared for military operations is necessary. >> meanwhile, north korea says it will speed up steps to bolster nuclear deterrents. time for a check on the key asset classes. most european markets are shut for the mayday holiday. the u.s. spending bill weighing in
Bloomberg
Aug 12, 2017 11:30pm EDT
china, where it might be more difficult to create that kind of culture? sheryl: i have been talking about this for a long time. i wrote in "lean in" that i cry at work sometimes. that was reported that i cry on mark zuckerberg shoulder, which is not what happened. i wrote that i leave work at 5:30 to be home for dinner. the concept that we can be great leaders, managers, contributors, but also great parents and wives and husbands and fathers and mothers and, i don't think these things trade-off. i think they go together. emily: when you said you leave work at 5:30, someone else said, you couldn't have gotten more publicity if you murder to someone. [laughter] but i think it is fair you don't leave work behind. the expectations of modern workers are higher than ever. how do employers address that? sheryl: it is such a good point. the expectations are higher on both sides, and you are right. when my parents were in the workforce, early days, there was no internet. you couldn't work at home, and now we can. i'm not pretending i leave work at 5:30 and don't pick it up again, of course i
Bloomberg
Aug 6, 2017 2:00am EDT
note as -- notice as well. china's ecommerce giant alibaba agreed to pay $1 billion to take control of the company. time now for this high flyer to join us. ♪ max bittner, welcome to "high flyers." max: thank you for having me. haslinda: all it took was two weeks in southeast asia and you were sold on the idea that ecommerce was on the verge of having a revolution and there you went packing and bringing your wife and your 4-month-old daughter to singapore from munich. that was a risk. max: i think definitely. but i think the conviction for making that decision was very deep. i basically spent a lot of time back in my old career in mckinsey consulting mail order businesses, and at the time, i watched ecommerce destroying that business model over a very short period, and i saw the opportunity of ecommerce and i knew what i felt were the key components to win. when i look at southeast asia and traveled over here to do my work, the usual thing i do is go to local supermarkets, and look at what the availability of products in the supermarkets are. what is striking in a supermarket when
Bloomberg
May 28, 2017 1:30am EDT
host of the china green companies summit. china's economic growth has been nothing short of remarkable, but how it can sustain that growth may be the big story yet of modern china. ♪ stephen: china's march to becoming the world's second-biggest economy is at a crossroads, with a growth rate of 6.5%, the lowest in 25 years. beijing needs globalization, but the geopolitical map is changing, led by the protectionist policies of donald trump.
Bloomberg
May 13, 2017 9:00am EDT
it is profitable in china. why are you so successful in china? the manufacture cars there? mary: yes, but i think is back to the buick brand. china a rich history in of driving some of the chinese official around back in the 1920's and 1930's. great brands. we been able to grow the chevrolet brand and the cadillac. the cadillac is one of fastest-growing luxury brands. we build many of the products in country. david: he used to have pontiac that has gone away and oldsmobile. now you have chevrolet, cadillac, buick and gmc. are those the main ones in the united states? mary yes. david: cadillac, that's your premium. it also makes the presidential limousine, which is like bombproof or something. ever been in that car to see what it's like? what you cannot comment? mary: i can't comment. david: i guess the average person cannot affordo y some thing like that. probably not. he joined general motors in it s a dominant company, then he went south for a while. what was the atmosphere like when you are working there? mary: it was very difficult. acoss the globe we had 220,000 people. the rest
Bloomberg
May 10, 2017 9:00pm EDT
, not as profitable in europe, but no profitable in china. why are you so successful there? mary: the buick brand is a strong brand. it had a rich history in china, driving officials around in the 1920's and 1930's, so great rand. we have been able to grow the chevrolet brand and the cadillac. it is one of the fastest-growing's luxury brands. david: you used to have a lot more brands, pontiac, oldsmobile , now you have chevrolet, cadillac, buick, and gmc, are those the main ones in the united states? mary: yes. david: cadillac is your premium, right? presidential the limousines, bombproof, have you ever been in that car, seen what it is like him are you can't comment? mary: i really can't comment. [laughter] david: ok here it i guess the average person couldn't afford something like that? what was the atmosphere like when you were working there? mary: it was very difficult. , theve 220,000 people restructuring was primarily with america, but that is 100,000 today, so itloy was a difficult time. that is where you saw the resolve. things most special general motors is the minimum women
Bloomberg
Mar 24, 2017 9:30pm EDT
places like silicon valley and china when it comes to making products that actually reach consumers. ♪ ashlee: japan remains trapped between two worlds, the old and the new. it is a country that has turned the future into a religion, but that must still deal with an aging population and rigid customs. the way forward for japan, its chance to really make a mark, will almost certainly come from its robots. emiew, for one, is already getting ready to be a guide and chauffeur at the 2020 olympics. for now, i say good night to japan. may all our dreams be filled with hello kitty. ♪ ashlee: up next on "hello world," i head to russia to fly drones in siberia, hang with a techno-oligarch, and get beaten with a birch branch. ♪ ♪ >> from our studios in new york city, this is "charlie rose." charlie: michael morell is here. he is one of our nation's leading national security professionals. he most recently served as cia deputy director and twice as acting director. i am pleased to have him back at this table. welcome. michael: it is great to have you back. charlie: let me start with th
Bloomberg
Apr 13, 2017 9:00pm EDT
white house for a wide-ranging interview. the president said he will not label china a currency manipulator, a reversal from the campaign. also talked about keeping janet yellen as chairwoman of the fed, even though he previously said he would like to replace her at the end of the year. they covered many subjects. we would like to cover this with gerry
Bloomberg
Sep 16, 2017 3:30am EDT
>> welcome to china, birthplace and home place of juggernaut alibaba. i'm stephen ingles, and what a past 18 years it has been for alibaba, but china, as well and the global internet economy as a whole. and we were here for the 18th birthday bash. [applause] packed in with 40,000 employees into an outdoor stadium. and we spoke exclusively with group executive chairman jack ma. cofounder and group ceo daniel zhang. >> everybody has a big chance to go digital, but people need to change. >> three leaders driving alibaba: the global disruptor. stephen: it was a humble as theyg for jack ma cofounded alibaba in 1999. the chinese were even connected to the world wide web and alibaba wanted in. ofbaba employee was expected contracting sars in 2003, senior executives were quarantined and that gave birth to perhaps the best platform today. which growth ebay out of china and led to the single day shopping extravaganza and the world meeting the new ipo in 2014 and the launch of many new businesses, much like bloomberg's set up for the interviews, the rise of alibaba has been no small feat. and
Bloomberg
Feb 4, 2017 1:00pm EST
china wants to add manufacturing jobs. the president of -- the chancellor of germany must and manufacturing jobs. how do we find a way to help exporters? right? that is a good thing. john: what about the relationship with china? is the prospect of any kind of trade dispute with china, does that worry you? just in the ge context, but an economic context here it there is no good case -- not just in the ge context, but in the economic context. there is no good case where the two biggest economies on earth are going to trade. i think that relationship, that bilateral relationship is significantly important for the whole world. and so, that is one i would be very strong on. good sign that donald trump respects the issue of deregulation. and the issue particularly of corporate tax. do you think there is a possibility that this is an area where business could have a benign effect on administration? jeff: you will have different camps that have different -- you know, i respect walmart but we , are going to have a different perspective on tax reform. we are going to have a different st
Search Results 0 to 49 of about 75 (some duplicates have been removed)